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Study Hall: Make Money in Cryptocurrency · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
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  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:15
  Speaker 3: YouTube too, What's up? What y'all thought y'all wasn't gonna
• 1:21
  Speaker 3: see me.
• 1:22
  Speaker 4: Let's stop playing.
• 1:24
  Speaker 5: Hardest working minute show biz.
• 1:27
  Speaker 4: Let's stop playing. Let's let the team in. I'm gonna
• 1:32
  Speaker 4: let the team in. I'm about justin cameras.
• 1:34
  Speaker 3: I don't like how yeah, d y l University, what's
• 1:38
  Speaker 3: going on? This is gonna be a big one. This
• 1:42
  Speaker 3: is gonna be a big one. A lot of talk
• 1:44
  Speaker 3: of the town sheep, a coin going crazy, bigcoin theoryum
• 1:49
  Speaker 3: Troy's fixing camera during the actual production. First time only
• 1:54
  Speaker 3: this has ever happened. So yeah, this is this is
• 1:59
  Speaker 3: this is this is it.
• 2:00
  Speaker 5: This is it.
• 2:01
  Speaker 3: A lot of people have asked questions for a learn
• 2:03
  Speaker 3: very long period of time. So this is our crypto
• 2:06
  Speaker 3: mastermind that we will be putting on today, and we're gonna,
• 2:14
  Speaker 3: We're gonna, We're gonna get the job done for sure.
• 2:18
  Speaker 3: I mean it's it's even worse now but.
• 2:22
  Speaker 6: Not commercial bread.
• 2:26
  Speaker 7: Oh man, the folks, what all right?
• 2:32
  Speaker 3: Let's do this? All right, you two? I know you
• 2:37
  Speaker 3: guys have not gotten enough of us yet. Yes, okay,
• 2:47
  Speaker 3: so she but to the moon, Yes, she but to
• 2:51
  Speaker 3: the moon.
• 2:53
  Speaker 5: Uh.
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  Speaker 3: We are gonna have a very very special this is
• 2:57
  Speaker 3: gonna be special. Like I said, this is like one
• 2:59
  Speaker 3: of these things where one time only you might not
• 3:02
  Speaker 3: never see anything like this ever again. It's is the
• 3:04
  Speaker 3: only time that we've done this publicly, So it's it's
• 3:07
  Speaker 3: gonna be classic. It's gonna be a legendary situation. That's
• 3:10
  Speaker 3: the best way I can really describe it. So before
• 3:12
  Speaker 3: I go into too too much detail, let's let's bring
• 3:15
  Speaker 3: the guys in here, but let's make some announcements while
• 3:18
  Speaker 3: we while we have.
• 3:19
  Speaker 5: Yeah, Troy definitely made it work.
• 3:21
  Speaker 4: I made it words. I'm about to go fix it.
• 3:22
  Speaker 4: I just want to let the guys in.
• 3:23
  Speaker 5: It's like a hurricane, ya crazy.
• 3:28
  Speaker 3: So Africa, we are on our way and we have
• 3:32
  Speaker 3: a networking event in Nigeria. We have a networking event
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  Speaker 3: in Legos, Nigeria on Tuesday at seven o'clock. So we
• 3:41
  Speaker 3: need everybody in Nigeria, everybody in Legos to come out.
• 3:45
  Speaker 3: The R s v P link is on our website
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  Speaker 3: under earn your Lesion dot com under the Nigerian tab.
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  Speaker 5: So check us out. Man.
• 3:54
  Speaker 3: It's gonna be a legendary, monumental event. My first time
• 3:58
  Speaker 3: ever going to Africa, and we leave tomorrow. We leave
• 4:01
  Speaker 3: tomorrow morning. So this is the last thing we we
• 4:04
  Speaker 3: We stopped everything that we had going on for this.
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  Speaker 5: So Alistair, what's going on.
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  Speaker 6: Brother, what's going on? I'm doing alright, how you guys doing.
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  Speaker 3: Ah, we're just trying to figure this camera thing out,
• 4:17
  Speaker 3: you know, it's just uh, it's one of these things.
• 4:20
  Speaker 6: That no worries. I'm trying to figure stuff out here myself.
• 4:25
  Speaker 5: Yeah. That's good. That's good.
• 4:26
  Speaker 3: That's good, you're good, all right, Yes, yeah, that's looking crazy, man.
• 4:31
  Speaker 3: We have a certain standard to Uphell, you can't. You
• 4:35
  Speaker 3: can't play with the shield like now, it's crooked again.
• 4:41
  Speaker 3: It's unbelievable.
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  Speaker 5: All right. So Alistair is in the building.
• 4:49
  Speaker 3: Also before we start market Monday's live at the Apollo Theater,
• 4:54
  Speaker 3: shout out to Ian. That's going to be a legendary
• 4:56
  Speaker 3: situation and that is going to be on Black fri
• 5:00
  Speaker 3: So No.
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  Speaker 4: Number twenty six. Make sure y'all in there.
• 5:02
  Speaker 5: Make sure y'all get your tickets for that.
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  Speaker 8: I told you I don't play ourselves fifteen hundred season
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  Speaker 8: there too.
• 5:07
  Speaker 3: Yeah, it's going to go crazy. So all right, here's
• 5:12
  Speaker 3: what I here's what I want to do. I want
• 5:13
  Speaker 3: to just you know, just get everybody familiar what's going on.
• 5:16
  Speaker 3: Then we're going to jump right into it. So every month,
• 5:20
  Speaker 3: the last Wednesday of the month, we have these what's
• 5:23
  Speaker 3: called open enrollments where we have a YouTube live and
• 5:28
  Speaker 3: we pick a different topic. Sometimes it's on real estate,
• 5:30
  Speaker 3: sometimes it's on stocks, today it's on crypto. And what
• 5:33
  Speaker 3: it is is a eyl University class, but it's open
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  Speaker 3: to the public. So eyl University we have it every
• 5:40
  Speaker 3: single week. We have a class that we run for
• 5:43
  Speaker 3: eyl University and that's you know, part of eyl University's platform.
• 5:47
  Speaker 3: So once a month we have the Wednesday class is
• 5:51
  Speaker 3: open to the public. So we do this for a
• 5:53
  Speaker 3: variety of different reasons, but you know, we do it
• 5:55
  Speaker 3: for just give you an insight of the world of
• 5:57
  Speaker 3: eyl University.
• 5:58
  Speaker 5: Let you see how it looks.
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  Speaker 3: Let you see, you know, the type of classes, the
• 6:02
  Speaker 3: type of education that we provide. So this time we
• 6:05
  Speaker 3: want to do something different. A lot of times we
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  Speaker 3: bring our friends on like that have been on the
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  Speaker 3: podcast or you know, different people that we have relationships with.
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  Speaker 3: But this time we want to do something that was
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  Speaker 3: actually homegrown. So we have oh he got the whole
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  Speaker 3: oh mag drop and everything.
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  Speaker 9: Yeah.
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  Speaker 3: So part of Eyo Universities we have clubs. So we
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  Speaker 3: have over twenty clubs. We have like real Estate Club,
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  Speaker 3: we have a club for earners over fifty. We have
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  Speaker 3: a military club. So one of our probably the premier club,
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  Speaker 3: no disrespect to any of the club, is the Crypto Club.
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  Speaker 3: And the Crypto Club has been on fire. So the
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  Speaker 3: Crypto Club is not something like where it just tells
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  Speaker 3: you like by this crypto it's actually like education and
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  Speaker 3: it's a community and people educate each other and they
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  Speaker 3: get people familiar on, you know, what's going on in
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  Speaker 3: the crypto space. They brainstorm best practices, talk about new
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  Speaker 3: coins on the market, how to invest, security, all that stuff.
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  Speaker 3: So it's an actual community within the community. So the
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  Speaker 3: president of the Crypto Club is my bro Alistair. He's
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  Speaker 3: been on Market Mondays before speaking and he is just
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  Speaker 3: a wizard when it comes to cryptocurrency. So he's the
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  Speaker 3: president of our Crypto Club. And then the other gentleman
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  Speaker 3: that will be joining us today is another EYL professor
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  Speaker 3: who has taught a variety of different classes for us
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  Speaker 3: on investing and Lawrence. So Lawrence is a young man
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  Speaker 3: who I got introduced to who Troy really describes as
• 7:32
  Speaker 3: a stock market genius, investing genius prodigy. Yeah, so this
• 7:38
  Speaker 3: is both. This is in Housetown. I like to do
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  Speaker 3: this because it's like, we don't want to just have
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  Speaker 3: you know, people that you might have heard of. So,
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  Speaker 3: like the whole point, and that's kind of been the
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  Speaker 3: whole premise of EYL when we first started and even
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  Speaker 3: up to this day, is we introduce the world of people.
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  Speaker 3: We've done it with Wall Street Trapper, We've done it
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  Speaker 3: with Ian, We've done it with MG.
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  Speaker 5: The mortgage Guy. The list goes on. We've done it
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  Speaker 5: with Miss Business.
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  Speaker 3: So we like to grow talent in house and people
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  Speaker 3: that are actually knowledgeable. It doesn't matter how many followers
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  Speaker 3: you have, it doesn't matter if you're verified on Instagram.
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  Speaker 3: It matters if you know what you're talking about and
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  Speaker 3: if you actually can relate to information. So these gentlemen
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  Speaker 3: know what they're talking about, their in house talent, and
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  Speaker 3: we're very thankful to have them on the platform.
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  Speaker 5: So first and foremost, thank you guys for joining us.
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  Speaker 5: Appreciate it, thank you, thank you for having thanks.
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  Speaker 8: Yeah, I just want to shout out well, right before this,
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  Speaker 8: we had a meeting with all the club leaders and
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  Speaker 8: one of the things I was speaking about was like,
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  Speaker 8: look what value can do. Alie still was part of
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  Speaker 8: the book club, started his own the crypto club inside
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  Speaker 8: of the university and now he's getting to speak.
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  Speaker 4: To the world about his expertise.
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  Speaker 8: So that just shows you when you pour value and
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  Speaker 8: lead with value, these are the byproducts that so shout
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  Speaker 8: out to you again, Ol said yeah, and the pride
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  Speaker 8: to himself shout out twenty two, twenty two year old.
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  Speaker 8: I feel like Jay when we brought like he brought
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  Speaker 8: young christ Hie ninety seven. He's only sixteen, he's only
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  Speaker 8: twenty two.
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  Speaker 4: Y'all yelling for a street.
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  Speaker 3: So we're going to get into this because it's a
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  Speaker 3: lot of stuff that's going on right now in the
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  Speaker 3: crypto space. Sheba coin has been a talk of the town.
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  Speaker 3: Sheba coin. I put a post up that was crazy.
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  Speaker 3: If you invest in one dollar in sheba coin at
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  Speaker 3: its lowest point and over the last twelve months, it
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  Speaker 3: would be worth six hundred thousand dollars.
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  Speaker 5: Today it is on fire.
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  Speaker 3: It is one of these things that has become like
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  Speaker 3: the new doge coin. Everybody's talking about it. It's all
• 9:34
  Speaker 3: over CNBC and CNN and Twitter and all of that stuff.
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  Speaker 3: So that's obviously, you know, gets people interested in crypto.
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  Speaker 3: Bitcoin of course, has been on fire. It kind of
• 9:46
  Speaker 3: pulled back now, but you know, Bitcoin crossed over sixty
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  Speaker 3: thousand dollars last week, so Bitcoin ethereum crossed over four
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  Speaker 3: thousand dollars. The total market space is two point seven trillion.
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  Speaker 3: And this is something that I think is interesting because
• 9:59
  Speaker 3: I put another post stuff where the whole entire crypto.
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  Speaker 5: Space is two point seven trillion.
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  Speaker 3: Apple has a market cap of two trillion, So what
• 10:07
  Speaker 3: does that mean? Like one company almost has the market
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  Speaker 3: cap of the entire crypto with thousands of crypto coins.
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  Speaker 3: So to me, that's encouraging because it still means that
• 10:19
  Speaker 3: there's so much more room to grow, Like this crypto
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  Speaker 3: space is still in its infancy. A lot of people get,
• 10:26
  Speaker 3: you know, intimidated and feel like it's too late to
• 10:29
  Speaker 3: invest in crypto. They missed the boat. It's not too late.
• 10:32
  Speaker 3: Crypto currency is in its infancy still and there's a
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  Speaker 3: lot more room to grow. So if you haven't invested
• 10:39
  Speaker 3: in crypto, if you don't feel comfortable, this is why
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  Speaker 3: we here today to fully educate you. We're going to
• 10:45
  Speaker 3: answer questions. The gentlemen have presentations, they're gonna talk, We're
• 10:49
  Speaker 3: gonna ask them questions. So you're in for a treat
• 10:52
  Speaker 3: and for a treat. So I want to get right
• 10:54
  Speaker 3: into this. Before I get into it, I just want
• 10:56
  Speaker 3: to just explain what EYL University is because this is
• 10:58
  Speaker 3: what we were doing here. So university is an online
• 11:01
  Speaker 3: educational platform that we started over two years ago, and
• 11:05
  Speaker 3: what it is is the actual interactive learning experience, so
• 11:08
  Speaker 3: we do every single week. We have a class where
• 11:11
  Speaker 3: you actually get to ask questions zoom format. But then
• 11:13
  Speaker 3: we actually have monthly financial planning calls with me two hours.
• 11:17
  Speaker 3: Then we have biweekly real estate calls with Matt. We
• 11:20
  Speaker 3: have a book club and a movie club with Troy.
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  Speaker 3: We have a Facebook group with over seven thousand members
• 11:25
  Speaker 3: in it. And then my favorite part of the whole
• 11:29
  Speaker 3: situation is the groups. So like I said, we have
• 11:32
  Speaker 3: over twenty groups. We have real estate group, we talk
• 11:35
  Speaker 3: about you know, the earnings on Wall Street, went in,
• 11:38
  Speaker 3: took about stock Stock group, we have the Crypto group.
• 11:41
  Speaker 3: We have all of the different groups. Yeah, and this
• 11:44
  Speaker 3: is these are infinity groups inside of the EYO University.
• 11:46
  Speaker 3: So when we was modeling university, we really modeled it
• 11:49
  Speaker 3: after a real university and took the good parts out
• 11:51
  Speaker 3: of it and took the bad parts took the good
• 11:53
  Speaker 3: parts and threw the bad parts away. So the good
• 11:55
  Speaker 3: parts of a university, I feel like are the infinity groups,
• 11:58
  Speaker 3: people working with each other, building a community. So once again,
• 12:01
  Speaker 3: these two gentlemen are actually in house eyl University professors.
• 12:05
  Speaker 3: So we're gonna have a treat. We're going to talk
• 12:07
  Speaker 3: about the cryptocurrency. We're going to get questions answered, and yeah,
• 12:12
  Speaker 3: we're going to give you an insight to Eyo University.
• 12:14
  Speaker 3: And this is what this whole thing is for, so
• 12:16
  Speaker 3: you if you're interested in joining Eyo University. The last
• 12:20
  Speaker 3: time we did this, we lowered the price for the
• 12:22
  Speaker 3: whole entire year to seven hundred dollars for the year,
• 12:26
  Speaker 3: and we kept that running. But we will be raising
• 12:29
  Speaker 3: that but we're not going to raise it until Friday,
• 12:31
  Speaker 3: So Friday night we will raise it. But right now
• 12:35
  Speaker 3: it's still seven hundred dollars. So that type of value,
• 12:38
  Speaker 3: I don't feel like anybody has ever put together that
• 12:41
  Speaker 3: type of value for seven hundred dollars. We're very cognizant, well,
• 12:46
  Speaker 3: we're very cognizant of our price point and we try
• 12:49
  Speaker 3: to be responsible. I don't criticize anybody's price point, but
• 12:52
  Speaker 3: you know, we feel like, you know, we want to
• 12:53
  Speaker 3: be responsible, but we still have to have some level
• 12:56
  Speaker 3: of you know, a price that is built in the best.
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  Speaker 6: Yeah.
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  Speaker 3: So seven hundred dollars for all of this for the
• 13:03
  Speaker 3: entire year. So if you're interested, I'll put the link
• 13:05
  Speaker 3: on to ewy University dot com right now and you
• 13:08
  Speaker 3: become an earner. But that's enough of that. Alistair foot coin.
• 13:12
  Speaker 3: Let's let's let's let's let's start with Alistair first. Since
• 13:15
  Speaker 3: he he's on top of the of the screen, Alistair,
• 13:21
  Speaker 3: the floor is yours brother.
• 13:22
  Speaker 4: And you're ready to co host. So if you got
• 13:24
  Speaker 4: to share, you can go all right.
• 13:25
  Speaker 10: Thanks, Uh yeah, I'll share my screen. So I want
• 13:31
  Speaker 10: to start out with bitcoin because bitcoin is the one
• 13:37
  Speaker 10: coin that moves everything else. It's like it's the granddaddy
• 13:41
  Speaker 10: of it all. And I want to talk about the
• 13:44
  Speaker 10: Bitcoin cycles because it's very important to know about the
• 13:49
  Speaker 10: cycles of bitcoin, even if you're not currently invested in it.
• 13:51
  Speaker 10: I know some people may have started their investing journey
• 13:54
  Speaker 10: with Doge or Shiba, but you really have to look
• 13:58
  Speaker 10: at bitcoin because it dictates goes what goes on in
• 14:01
  Speaker 10: the cryptocurrency market. Now, one metric that a lot of
• 14:07
  Speaker 10: bitcoiners use in order to predict the price of bitcoin
• 14:11
  Speaker 10: is the stock to flow ratio. And the stock to
• 14:14
  Speaker 10: flow ratio is something that has been used in commodities
• 14:18
  Speaker 10: a lot, and what it basically measures is the current
• 14:23
  Speaker 10: stock of bitcoin compared to how much new bitcoin enters
• 14:28
  Speaker 10: the market, and they use that in order to predict
• 14:31
  Speaker 10: the price.
• 14:33
  Speaker 6: And they do that around what's.
• 14:35
  Speaker 10: Called the bitcoin having, and the bitcoin having just means
• 14:38
  Speaker 10: that they cut them out of bitcoin that's being created
• 14:42
  Speaker 10: in half, and that happens every four years, and around
• 14:45
  Speaker 10: every four years we see these bitcoin you know, run
• 14:49
  Speaker 10: ups in price. We see like these great spikes. So
• 14:53
  Speaker 10: this is one chart that I like to look at
• 14:55
  Speaker 10: for the long term. And what we can see here
• 14:58
  Speaker 10: is that the color full lines are the bitcoin price
• 15:02
  Speaker 10: and this straight black line is the stock to flow
• 15:07
  Speaker 10: estimation of the price at that time. So what we
• 15:11
  Speaker 10: see here is that as time goes on and as
• 15:18
  Speaker 10: less bitcoin is being created, the price goes up, but
• 15:23
  Speaker 10: we see that it doesn't follow it exactly. It follows it,
• 15:26
  Speaker 10: but it does follow the trend somewhat. And right now
• 15:30
  Speaker 10: we're right here, so at this point in the stock
• 15:34
  Speaker 10: to flow ratio, bitcoin is estimated to be They estimated
• 15:37
  Speaker 10: to be at about one hundred thousand around this time,
• 15:40
  Speaker 10: and right now is at around sixty thousands. So we're
• 15:42
  Speaker 10: under the stock to flow, but we're still following that trajectory.
• 15:47
  Speaker 10: And this is important to know about, like I said
• 15:49
  Speaker 10: about the stock to flow ratio, because when Bitcoin tends
• 15:54
  Speaker 10: to run up during its during its marketing market cycles,
• 15:58
  Speaker 10: everything goes with it with it's doe shiver everything. And
• 16:03
  Speaker 10: just to show you a history of this, I have
• 16:07
  Speaker 10: a couple of charts. So this is a site called
• 16:10
  Speaker 10: coin market cap. You might be familiar with this if
• 16:12
  Speaker 10: you're researching coins.
• 16:13
  Speaker 3: Yeah, talk Can you talk about that? Because I wanted
• 16:16
  Speaker 3: I want I want this to be a full education
• 16:18
  Speaker 3: for people, because I know some people might not have
• 16:20
  Speaker 3: any expertise in crypto at all. So coin market cap
• 16:23
  Speaker 3: is a very important website, the first website that I
• 16:26
  Speaker 3: got introduced to. So can you talk about coin market cap?
• 16:30
  Speaker 10: Definitely. So coin market cap is I use it as
• 16:34
  Speaker 10: like a research site. But what it does is it
• 16:36
  Speaker 10: basically gives you a list of all of the coins
• 16:39
  Speaker 10: that are available. And right now it's probably nine thousand
• 16:43
  Speaker 10: last time I checked. It's probably more because there are
• 16:46
  Speaker 10: more coins being created every day, but coin market cap
• 16:49
  Speaker 10: is usually the first place you would go if you
• 16:51
  Speaker 10: want to research a coin. And what I have up
• 16:54
  Speaker 10: here right now is just a snapshot of what it
• 16:56
  Speaker 10: looked like in the symbol of twenty thirteen. So of
• 17:00
  Speaker 10: course we have Bitcoin, which was still at the top
• 17:03
  Speaker 10: at nine hundred dollars. But if we look at the
• 17:07
  Speaker 10: top ten here, I mean like coin some of you
• 17:10
  Speaker 10: may know if you follow crypto if you don't, like
• 17:13
  Speaker 10: coin is one of those at one point premiere coins.
• 17:15
  Speaker 10: We have XRP, but we also have peer coin name
• 17:19
  Speaker 10: coin mega coin that also had these dramatic price increases,
• 17:25
  Speaker 10: and if you go and look at coin market cap today,
• 17:28
  Speaker 10: these coins are nowhere to be found. So one thing
• 17:32
  Speaker 10: we see is that Bitcoin has the staying power and
• 17:35
  Speaker 10: it drives the market, but a lot of the other
• 17:38
  Speaker 10: coins may not have.
• 17:39
  Speaker 6: That staying power.
• 17:41
  Speaker 10: And again it all goes back to Bitcoin being the
• 17:44
  Speaker 10: driver of the market because of these havings that happen
• 17:48
  Speaker 10: every four years. Actually, now the prices are coming back up.
• 17:53
  Speaker 10: So as we see here, we have this doctor flow
• 18:00
  Speaker 10: estimates about one hundred and eight thousand dollars bigcoin should
• 18:02
  Speaker 10: be right now, which is within range of what I mean,
• 18:05
  Speaker 10: we could possibly go to one hundred and eight thousand
• 18:08
  Speaker 10: this year. That's what a lot of the low ball
• 18:10
  Speaker 10: predictions have Bitcoin going to. So and again this trend
• 18:16
  Speaker 10: continues on in twenty seventeen. This is a snapshot from
• 18:19
  Speaker 10: twenty seventeen. Looks a little bit different, but at the
• 18:22
  Speaker 10: same time we have Bitcoin at the top. Of course,
• 18:25
  Speaker 10: this is where we see Ethereum, Bitcoin Cash, XRP. But
• 18:28
  Speaker 10: again the top ten looks nothing like it does in
• 18:32
  Speaker 10: twenty thirteen. And if we look at it today, we
• 18:38
  Speaker 10: have a whole host of different coins making their way
• 18:41
  Speaker 10: in the top ten. So Bitcoin Ethereum is still number two.
• 18:45
  Speaker 10: You notice we no longer see light coin in the
• 18:47
  Speaker 10: top ten, XRPS at number seven sliding out, but we
• 18:50
  Speaker 10: have different coins. We have Doge, and of course the
• 18:53
  Speaker 10: coin that everybody's so crazy about right now is Shouba.
• 18:56
  Speaker 10: And I'll bring this up to say that these coins
• 19:02
  Speaker 10: tend to come and go. There are a few coins
• 19:05
  Speaker 10: that really have that staying power for the long haul.
• 19:09
  Speaker 10: So if you're looking at investing, you really want to
• 19:13
  Speaker 10: find those coins that can at least stay relevant for
• 19:19
  Speaker 10: several market cycles. You don't want to get caught up
• 19:23
  Speaker 10: in the hype of certain coins unless you're a trader
• 19:26
  Speaker 10: and you know how to properly set your entry and
• 19:29
  Speaker 10: your exits. This is just a history lesson that I
• 19:32
  Speaker 10: like to show people because when they see the types
• 19:36
  Speaker 10: of returns that crypto offers, one thing I say is like, yeah, welcome.
• 19:42
  Speaker 10: Just watch out for the bear market because as fast
• 19:45
  Speaker 10: as these coins go up, as fast as these coins
• 19:48
  Speaker 10: go down and end up in irrelevance, and this market cycle,
• 19:54
  Speaker 10: I would say it's been dominated a lot by even
• 19:58
  Speaker 10: though we have Shibba Indulge coin. Smart contracts have really
• 20:04
  Speaker 10: been the thing that has been the story of this
• 20:08
  Speaker 10: market cycle. And for those of you who don't know,
• 20:11
  Speaker 10: a smart contract is the best way I can describe
• 20:14
  Speaker 10: it is a program on a computer that handles money
• 20:21
  Speaker 10: and executes business logic. And because of those smart contracts,
• 20:25
  Speaker 10: we have a coin like Shiba Shuba is actually a
• 20:29
  Speaker 10: smart contract on the Ethereum blockchain. And if we see,
• 20:34
  Speaker 10: like if we look right here, if you look at
• 20:35
  Speaker 10: the end of to date of these smart contract platforms,
• 20:38
  Speaker 10: you could have invested in pretty much any of them,
• 20:40
  Speaker 10: just picked them and you would have gotten a nice
• 20:42
  Speaker 10: return except for in their computer, but anything else with
• 20:45
  Speaker 10: this Ethereum, Cardinal, Solana.
• 20:48
  Speaker 5: So let's let's let's let's talk about this. This is important.
• 20:51
  Speaker 3: Like I said, we're gonna talk about shit, but we're
• 20:53
  Speaker 3: going to give you guys some what you need. If
• 20:55
  Speaker 3: you're interested in a cryptocurrency, you need a full education
• 20:59
  Speaker 3: before you invest. This is what This is why we
• 21:01
  Speaker 3: call it eyl University. It's like a real full education.
• 21:04
  Speaker 3: So what you're explaining right now when you talk about Ethereum, Cardana, Solana,
• 21:10
  Speaker 3: Polka Dot, these are all platforms that you can actually
• 21:14
  Speaker 3: build a coin.
• 21:15
  Speaker 6: Off of, that's correct.
• 21:18
  Speaker 3: So this is so, this is why when you see
• 21:20
  Speaker 3: the rates of returns like Ethereum four hundred percent, Cardana
• 21:24
  Speaker 3: one thousand percent, Polka Dot three hundred and ninety two percent,
• 21:29
  Speaker 3: because it makes sense like these are actually the highways
• 21:33
  Speaker 3: that the cars are actually driving on, right.
• 21:38
  Speaker 6: That's correct.
• 21:40
  Speaker 10: So you can you can build coins on these smart
• 21:42
  Speaker 10: contract platforms. You can build lending protocols or lending apps,
• 21:48
  Speaker 10: you can build exchange apps. So the amount of creativity
• 21:55
  Speaker 10: that you have, you can actually use it on these
• 21:58
  Speaker 10: different platforms to build some that you can have. So
• 22:03
  Speaker 10: when I so you can use these smart contract platforms
• 22:07
  Speaker 10: to build something any sort of financial products that you
• 22:11
  Speaker 10: would find in traditional finance. And this is what's really
• 22:15
  Speaker 10: been driving a lot of what's been happening in cryptocurrency
• 22:19
  Speaker 10: for this cycle. And the reason why is because of
• 22:24
  Speaker 10: decentralized finance and staking. So those are the two I
• 22:29
  Speaker 10: kind of group them together because it's really about earning
• 22:32
  Speaker 10: a return on your investment outside of the financial system.
• 22:37
  Speaker 10: Now to discuss to go into staking. Staking is one
• 22:41
  Speaker 10: of the strategies that you can use to earn interest
• 22:45
  Speaker 10: on your crypto assets. And one website I like to
• 22:49
  Speaker 10: go to to look at different returns for crypto assets
• 22:55
  Speaker 10: at steak andrewards dot com. And when you go to
• 22:59
  Speaker 10: stakanrewards dot com, it shows you the type of rewards
• 23:02
  Speaker 10: that you can get. So for Solana, you're getting six
• 23:06
  Speaker 10: percent back if you stake your Solana. And when I
• 23:09
  Speaker 10: say staking, what I mean is that when you stak
• 23:12
  Speaker 10: your assets.
• 23:13
  Speaker 6: What you're doing.
• 23:13
  Speaker 10: What you're doing is you're locking your assets into the
• 23:18
  Speaker 10: protocol itself. And if there's a staking node running, the
• 23:23
  Speaker 10: steaking node would actually add transactions to the blockchain and
• 23:27
  Speaker 10: for adding those transactions to the blockchain, you get a reward.
• 23:31
  Speaker 10: So for Solana it's six percent, for Cardono it's six
• 23:35
  Speaker 10: point zero one percent. So instead of having your coin
• 23:39
  Speaker 10: sitting on coin base or binance, you can take your
• 23:41
  Speaker 10: coins off of the exchange. You can stake them. That way,
• 23:45
  Speaker 10: you can have some residual income coming in.
• 23:48
  Speaker 4: Alista real quick.
• 23:49
  Speaker 8: So proof of steak is obviously you're just getting paid
• 23:52
  Speaker 8: for having the coin and allowing people to build off
• 23:54
  Speaker 8: of it correct.
• 23:56
  Speaker 7: Uh somewhat.
• 23:57
  Speaker 10: So you're getting paid for adding new blocks to a blockchain.
• 24:01
  Speaker 10: But in order to do that, you have to put
• 24:03
  Speaker 10: up some of your assets, and they do that as
• 24:07
  Speaker 10: a way to prevent any bad behavior, because if you
• 24:12
  Speaker 10: add any sort of transactions that are not correct, then
• 24:16
  Speaker 10: your steak gets slash, meaning that they remove a portion
• 24:19
  Speaker 10: of the assets that you put up. So you have
• 24:25
  Speaker 10: the you can earn an interest on it, but if
• 24:28
  Speaker 10: something bad happens, you can actually lose your coins.
• 24:34
  Speaker 8: A lot of people will hear those two things. They'll
• 24:35
  Speaker 8: hear proof of steak firsut proof of work. And I
• 24:38
  Speaker 8: know one of those things is you know Etherium is
• 24:41
  Speaker 8: one of those platform that's going from one to the other.
• 24:43
  Speaker 8: Can you just touch on what proof of work is
• 24:45
  Speaker 8: as opposed to proof of steak.
• 24:47
  Speaker 6: So proof of work is different from proof of steak.
• 24:52
  Speaker 6: And one of.
• 24:54
  Speaker 10: The things you hear about proof of work is about
• 24:57
  Speaker 10: the energy costs. But with proof of work he does
• 25:00
  Speaker 10: the same thing. You're still mining transactions, but instead of
• 25:07
  Speaker 10: putting your coins up, you're using a more energy intensive
• 25:11
  Speaker 10: process to add the new transactions to the blockchain, versus
• 25:18
  Speaker 10: proof of steak, where you're not using that energy intensive process.
• 25:22
  Speaker 10: You're putting your coins up. And the goal of all
• 25:25
  Speaker 10: of this is just is to add more transactions to
• 25:29
  Speaker 10: the blockchain. They're just two different ways of doing it.
• 25:34
  Speaker 10: And with Ethereum two point zero, Ethereum is actually moving
• 25:37
  Speaker 10: over to proof of steak. It's currently proof of work,
• 25:41
  Speaker 10: but the proof of steak chain is actually you're actually
• 25:44
  Speaker 10: able to stake on that proof of steak chain, and
• 25:46
  Speaker 10: Ethereum should be doing what they're calling it the merge.
• 25:50
  Speaker 10: I think that happens in Q one of twenty twenty two,
• 25:53
  Speaker 10: So by that time your Ethereum should be a full
• 25:56
  Speaker 10: proof of steak chain and that should help with some
• 25:58
  Speaker 10: of the high gas fees that people complain about.
• 26:01
  Speaker 6: And if you don't know about gas fees.
• 26:03
  Speaker 10: Gas fees are what you pay in order to conduct
• 26:07
  Speaker 10: a transaction on the Ethereum network.
• 26:11
  Speaker 3: So how do you how do you think that that
• 26:12
  Speaker 3: will affect Ethereum as far as you know price targets
• 26:15
  Speaker 3: and things of that nature when it switches over.
• 26:18
  Speaker 10: So for price targets, I think it's definitely going to
• 26:21
  Speaker 10: have a positive influence on the price uh, mainly because
• 26:26
  Speaker 10: like for one thing, gas fees. One of the main
• 26:30
  Speaker 10: hindrances right now when using Ethereum, especially for new people
• 26:33
  Speaker 10: coming on, is the gas That's why we've seen a
• 26:37
  Speaker 10: lot of the other smart contract platforms rise platforms like Solana,
• 26:42
  Speaker 10: Cardino Avalanche.
• 26:44
  Speaker 6: But when Ethereum moves over.
• 26:46
  Speaker 10: To proof of steak, you're you'll see lower gas fees,
• 26:52
  Speaker 10: you'll have higher higher transaction throughputs, so you'll be able
• 26:55
  Speaker 10: to do more on the Ethereum network, and that should
• 26:58
  Speaker 10: push the price.
• 27:00
  Speaker 6: UH.
• 27:01
  Speaker 10: One thing one theory that's been going on, or when
• 27:05
  Speaker 10: talking point they talk about is going back to bitcoin.
• 27:08
  Speaker 10: Bitcoin has a having every four years. They say, the
• 27:11
  Speaker 10: effect of this merge happening for Ethereum two point zero
• 27:15
  Speaker 10: could be like three havings in one So if you
• 27:21
  Speaker 10: look at how every having the bitcoin price goes up,
• 27:24
  Speaker 10: they expect that to happen for ethereum as well. But
• 27:26
  Speaker 10: that's one of the uh, that's one of the theories that
• 27:29
  Speaker 10: that's out there. But it's definitely gonna have a bullish
• 27:32
  Speaker 10: impact on the price, gotcha, just because it just makes
• 27:37
  Speaker 10: it more user friendly. And again, like going back into
• 27:45
  Speaker 10: smart contracts, there's something called decentralized finance, and I like
• 27:52
  Speaker 10: to describe the centralized finance as being able to use
• 27:56
  Speaker 10: financial products and use financial services without having to build
• 28:00
  Speaker 10: to a traditional financial institution. So that's lending, that's you know,
• 28:05
  Speaker 10: trading derivatives, and a lot of the things that you
• 28:10
  Speaker 10: can do in the financial system right now, you can
• 28:14
  Speaker 10: do it in DeFi. Even as far as creating your
• 28:16
  Speaker 10: own index funds, all of that is available to you
• 28:20
  Speaker 10: in decentralized finance.
• 28:23
  Speaker 5: Now, can we can we can we just talk? Yeah?
• 28:25
  Speaker 3: I want to just DeFi is extremely extremely important. When
• 28:29
  Speaker 3: Mark Cuban came on Market Mondays, he said, if he
• 28:32
  Speaker 3: was just starting out with fifteen hundred dollars, the main
• 28:36
  Speaker 3: thing that he.
• 28:36
  Speaker 5: Will focus on is defile.
• 28:38
  Speaker 3: He said, he would that's like, that's everything and you know,
• 28:42
  Speaker 3: obviously Mark Cuban is worth three billion dollars, so when
• 28:45
  Speaker 3: he said that, a lot of people you know, was
• 28:47
  Speaker 3: interested in DeFi. So yeah, I want I want to
• 28:50
  Speaker 3: just I wanted to just say that before you go
• 28:52
  Speaker 3: into it, just to kind of preference it. Like that's
• 28:54
  Speaker 3: something that Mark Cuban is said on our platform a
• 28:57
  Speaker 3: while ago. So it's very important that we covered. Is
• 29:00
  Speaker 3: defile situation.
• 29:02
  Speaker 10: Sure, definitely. So DeFi, like I said, it gives you
• 29:07
  Speaker 10: access to certain financial products and services without having to
• 29:11
  Speaker 10: go to a bank. So one side I like to
• 29:14
  Speaker 10: go to the research anything happening in DeFi is DeFi
• 29:18
  Speaker 10: Lama and this is a site that gives you all
• 29:22
  Speaker 10: of the different uh DeFi apps that you can use
• 29:26
  Speaker 10: across any blockchain. So whether that be ethereum Solana, avalanche,
• 29:34
  Speaker 10: it has it's sort of like the coin market cap,
• 29:38
  Speaker 10: but for DeFi. And when we look at here, when
• 29:43
  Speaker 10: we look at this this dashboard right now, there's two
• 29:46
  Speaker 10: hundred and fifty three billion dollars locked in DeFi. And
• 29:49
  Speaker 10: when I say locked, that means people have taken their
• 29:51
  Speaker 10: money off of exchanges. They're taken there where there's eight
• 29:55
  Speaker 10: uh Solana whatever they've taken it off of Coinbase, they've
• 29:59
  Speaker 10: taken it off of buying, and they're using it now
• 30:03
  Speaker 10: in DeFi. And with DeFi you have different apps that
• 30:10
  Speaker 10: you can use. There's lending, there's exchanges, there's asset management,
• 30:15
  Speaker 10: there's insurance, there's most of the most of the same
• 30:20
  Speaker 10: products that you can get traditionally you can get in DeFi.
• 30:24
  Speaker 10: And one of the biggest platforms in DFI right now
• 30:28
  Speaker 10: is AVE. Ave has about eighteen billion dollars locked, meaning
• 30:35
  Speaker 10: they're managing eighteen billion dollars in value. And the crazy
• 30:39
  Speaker 10: thing about this, what a lot of people don't get
• 30:41
  Speaker 10: is that in order to use AVE, you don't have
• 30:44
  Speaker 10: to sign up with You don't need your Social Security number,
• 30:48
  Speaker 10: you don't need to fill out any applications, you don't
• 30:50
  Speaker 10: need to go through any of that process. As long
• 30:54
  Speaker 10: as you have a wallet with some assets in the wallet,
• 30:57
  Speaker 10: you can go onto AVE and be able to save
• 31:01
  Speaker 10: money and earn interest on that money, so you can
• 31:05
  Speaker 10: use AVE as a savings account.
• 31:07
  Speaker 8: Alis the real quick because I'm glad that you said
• 31:09
  Speaker 8: the word wallet, because I get this question a lot
• 31:11
  Speaker 8: of times.
• 31:12
  Speaker 4: Can you just go over what a wallet is? Let's
• 31:15
  Speaker 4: talk hard wallet.
• 31:16
  Speaker 8: Let's talk coal wallet. Let's clear up the definition of
• 31:21
  Speaker 8: wallets in the different types.
• 31:23
  Speaker 10: Sure, so there, like you said, there's the hot wallet
• 31:27
  Speaker 10: and the coal wallet. But a wallet is essentially an
• 31:31
  Speaker 10: account where you hold your assets. And you have hot
• 31:37
  Speaker 10: wallets and coal wallets. Hot wallets are connected to the
• 31:39
  Speaker 10: internet and coal wallets are usually a piece of hardware,
• 31:44
  Speaker 10: but they both serve the same function. It's just a
• 31:46
  Speaker 10: way for you to hold your assets in your own
• 31:49
  Speaker 10: custody instead of keeping it on a coinbase or Gemini
• 31:55
  Speaker 10: or a binance. And the thing with the wallet is
• 32:03
  Speaker 10: when you start, when you set up your wallet, you're
• 32:05
  Speaker 10: giving what's called a private key, and that private key
• 32:09
  Speaker 10: is you can think of that as the key to
• 32:12
  Speaker 10: your vault. If you lose that private key, then you
• 32:15
  Speaker 10: lose access to the vault. If if somebody else gets
• 32:18
  Speaker 10: a hold of that key, then they also have access
• 32:21
  Speaker 10: to the vault. And so it's very important that you
• 32:25
  Speaker 10: keep that private key safe. Another strategy that I always
• 32:29
  Speaker 10: recommend is to have multiple wallets. And I say that
• 32:33
  Speaker 10: because the blockchain is a public place. So if you
• 32:35
  Speaker 10: have one wallet and you have all your assets in
• 32:38
  Speaker 10: that wallet, if I know your address, I can actually
• 32:41
  Speaker 10: go into your wallet and see what you have. I
• 32:43
  Speaker 10: actually did this on one of the crypto calls where
• 32:46
  Speaker 10: we actually looked at what was in Mark Cuban's wallet.
• 32:49
  Speaker 10: So that's just an interesting tidbit, like always have multiple.
• 32:53
  Speaker 4: Wallets, allegedly allegedly.
• 32:56
  Speaker 8: I mean, I'm glad you cleared that up in and
• 33:01
  Speaker 8: I see a lot of people typing yes, so they say,
• 33:03
  Speaker 8: is a nano ledger a wallet.
• 33:05
  Speaker 4: Yes, it's a wallet, but that does not live.
• 33:07
  Speaker 8: On the internet, right, so that would not qualify under
• 33:10
  Speaker 8: the definition of a hot wallet.
• 33:13
  Speaker 10: No, yeah, it is. Yeah, a nano ledger is a
• 33:18
  Speaker 10: cold or with some people would call it a hardware
• 33:22
  Speaker 10: wallet because it's on a piece of hardware. An example
• 33:24
  Speaker 10: of a hot wallet would be meta Mask, and meta
• 33:30
  Speaker 10: Mask is the main wallet. It's like the number one
• 33:32
  Speaker 10: wallet for use in DeFi, and it's a very convenient
• 33:40
  Speaker 10: wallet to have because you're able to use the meta
• 33:43
  Speaker 10: mask to connect to some of these apps. Like I
• 33:45
  Speaker 10: said before, when you connect to AVE or when you
• 33:48
  Speaker 10: connect to any other DeFi protocol, you don't sign up
• 33:53
  Speaker 10: on anything. All you do is you connect your wallet
• 33:56
  Speaker 10: and you use the protocol. So I can actually show
• 34:04
  Speaker 10: an example of that. Actually, before I get there, I
• 34:10
  Speaker 10: just want to show more of DeFi because going back
• 34:15
  Speaker 10: to Shuba, one of the things that I heard from
• 34:18
  Speaker 10: people about SUBA is that SUBA is going to be
• 34:21
  Speaker 10: creating a decentralized exchange. And that's two. And they bring
• 34:29
  Speaker 10: in they started the decentralized exchange because defile, like I said,
• 34:32
  Speaker 10: it's very hot right now people are using it. But
• 34:36
  Speaker 10: if we look at what subar swap is doing, and
• 34:38
  Speaker 10: subar swap is what's called a decentralized exchange. So I
• 34:46
  Speaker 10: would want to know from like, if you can just
• 34:48
  Speaker 10: show of hands, how many of you have actually used
• 34:51
  Speaker 10: subar swap. And I bring that up because a lot
• 34:58
  Speaker 10: of people bought into ship the for the reason that, oh, well,
• 35:03
  Speaker 10: they're going to be creating an exchange. But if you
• 35:05
  Speaker 10: look down here, it's it's really not much that they're
• 35:10
  Speaker 10: managing in their exchange. It's only four hundred and sixty
• 35:12
  Speaker 10: seven million dollars in value. Compare that to some of
• 35:15
  Speaker 10: the top protocols like Curve and Sushi swap, they're in
• 35:17
  Speaker 10: the billions of dollars in value. And then I'm also
• 35:20
  Speaker 10: looking at this market cap to total value locked it's
• 35:25
  Speaker 10: when these are under one or somewhere around there that's
• 35:28
  Speaker 10: a good value. But if we I calculated Shibba and
• 35:31
  Speaker 10: it was that sixty six percent, and what that means
• 35:34
  Speaker 10: is that compared to its market cap and the amount
• 35:37
  Speaker 10: of value.
• 35:37
  Speaker 6: That's actually being manager on that exchange.
• 35:41
  Speaker 10: Like it's greatly overvalue compared to a lot of the
• 35:44
  Speaker 10: other decentralized exchanges in DeFi.
• 35:51
  Speaker 3: So let's let's do this for a minute because I
• 35:54
  Speaker 3: want to. I want to get to questions as well,
• 35:57
  Speaker 3: and that's going to be the bad part of the
• 35:59
  Speaker 3: So I know you have some more stuff, but I
• 36:01
  Speaker 3: want to bring Lawrence in to to speak before we
• 36:05
  Speaker 3: go to Q and A. So Lawrence, Lawrence, you ready, yes.
• 36:12
  Speaker 7: Sir, I'm locked and loaded, all right, all right?
• 36:14
  Speaker 3: Brother, So yeah, Lawrence Eyo, University professor, a wizard, whiz kid,
• 36:20
  Speaker 3: let's talk about let's talk about crypto and I want
• 36:23
  Speaker 3: to also, don't worry, we're gonna answer questions too, because
• 36:26
  Speaker 3: I realized that everybody's at different stages of this. So
• 36:29
  Speaker 3: what I don't want people to do is become discouraged
• 36:33
  Speaker 3: if you don't know, if you don't understand the conversation.
• 36:35
  Speaker 3: So don't worry staying. We're going to talk about, you know,
• 36:38
  Speaker 3: basic stuff as far as how they get started, and
• 36:40
  Speaker 3: you know the basic level. You know, I'm the I'm
• 36:43
  Speaker 3: the third grade guy when it comes to explaining things,
• 36:45
  Speaker 3: so you know, I'm very cognizant of that, and I
• 36:48
  Speaker 3: understand that everybody's at different price points, but it's important
• 36:52
  Speaker 3: to know you know all of this information.
• 36:54
  Speaker 5: So Lawrence, Yeah, let's get into this all.
• 36:58
  Speaker 7: Right, you sir, appreciate it. I'll got it to share
• 37:00
  Speaker 7: my Speren definitely big time shout out to Eyl. Appreciate
• 37:06
  Speaker 7: you guys for having me on as always. I loved
• 37:08
  Speaker 7: always being here and appreciate the energy. I'm excited. So
• 37:12
  Speaker 7: I wanted to talk about a couple of things I'm
• 37:14
  Speaker 7: pretty much gonna get started crypto investing in twenty twenty one,
• 37:19
  Speaker 7: and why security is like, honestly one of the most
• 37:21
  Speaker 7: important things. A lot of times people just want to
• 37:24
  Speaker 7: hop right into crypto, don't know anything about it. And
• 37:27
  Speaker 7: one of the biggest things that I found when I
• 37:30
  Speaker 7: started investing in cryptocurrency back in twenty seventeen was that
• 37:34
  Speaker 7: so many people have made so much money off of
• 37:37
  Speaker 7: crypto but never were able to properly secure it. So
• 37:40
  Speaker 7: one of the things that he was just talking about
• 37:42
  Speaker 7: is really really key when it comes to crypto, and
• 37:43
  Speaker 7: that's securing your assets. I actually have right here in
• 37:46
  Speaker 7: front of me a Ledger security device and it's a
• 37:49
  Speaker 7: Legend nano S, and I also have legerd nanto xs,
• 37:52
  Speaker 7: and so I'm going to break down the difference of
• 37:54
  Speaker 7: the legdo s and the legerdnao X and why it's
• 37:57
  Speaker 7: important to have these wallets. These wallets come with typically
• 38:03
  Speaker 7: anywhere in between an eighteen and twenty four word phrase
• 38:06
  Speaker 7: that you may have to remember. You can write it down,
• 38:09
  Speaker 7: have it in your noes multiple places, so you can
• 38:12
  Speaker 7: actually send your crypto back and forth from coinbase, Gemini, Uphold,
• 38:16
  Speaker 7: whatever platform that you're using. When you hold your crypto
• 38:20
  Speaker 7: on this, you actually own your crypto. When you're buying
• 38:23
  Speaker 7: it on Robinhood and you're buying it on these platforms,
• 38:25
  Speaker 7: you don't really own your crypto. When you put it
• 38:28
  Speaker 7: onto this, your own platform, you own your crypto. There
• 38:32
  Speaker 7: is no fraud department one eight hundred number to call saying,
• 38:35
  Speaker 7: oh my god, someone stole my car. If someone takes this,
• 38:38
  Speaker 7: you need to be responsible like, you have to be
• 38:40
  Speaker 7: a responsible person when it comes to investing in crypto.
• 38:43
  Speaker 7: There's a lot of people who have made millions and
• 38:45
  Speaker 7: billions of dollars in crypto and haven't seen a dime
• 38:48
  Speaker 7: from it because they did not take the security aspect
• 38:51
  Speaker 7: very important. Also, why having one of these devices this
• 38:55
  Speaker 7: is this key. What you'll see happen is is when
• 38:58
  Speaker 7: a lot of times we get these major, major high
• 39:00
  Speaker 7: runs and we get a lot of people influxed into
• 39:02
  Speaker 7: the crypto space when it's all over the news XYZ,
• 39:06
  Speaker 7: what happens is you'll see Coinbase may say, oh we're
• 39:08
  Speaker 7: down for six hours. That's not something that you want
• 39:11
  Speaker 7: to be consistently happened to you. You'll see Binance might
• 39:14
  Speaker 7: be down. You'll see all these different platforms having network
• 39:17
  Speaker 7: issues and problems. So you want to be mindful of that.
• 39:20
  Speaker 7: And I always tell people that before you ever put
• 39:22
  Speaker 7: any money into the crypto space, you must have a
• 39:25
  Speaker 7: security device. That is like my number one rule when
• 39:28
  Speaker 7: I'm talking to people about investing in crypto is security
• 39:31
  Speaker 7: is key because you can make a lot of money,
• 39:33
  Speaker 7: but if you have nowhere to house it and secure it,
• 39:35
  Speaker 7: what's the point. So Ledger security devices. Only buy from
• 39:41
  Speaker 7: the actual website. So I'm about to get into this,
• 39:44
  Speaker 7: like why buying from the actual website is so important.
• 39:47
  Speaker 7: So you can actually come.
• 39:48
  Speaker 5: Here to.
• 39:50
  Speaker 7: Ledgerlive dot ledger dot com and you'll see they even
• 39:55
  Speaker 7: have alert pretty much right on their website saying beware
• 39:59
  Speaker 7: of ongoing and phishing campaigns. So what happens when you
• 40:02
  Speaker 7: buy it from potentially Amazon, you buy it from another
• 40:05
  Speaker 7: third party website eBay wherever. What happens is that someone
• 40:09
  Speaker 7: can order a bunch of these ledgers and then go
• 40:12
  Speaker 7: ahead and hack them, and then you buy it off
• 40:15
  Speaker 7: of Amazon, and you buy it off that third party website,
• 40:18
  Speaker 7: and then you put your crypto on there, and they
• 40:19
  Speaker 7: actually have access and can steal your money. So it's
• 40:22
  Speaker 7: important that you only buy it from this website. You
• 40:25
  Speaker 7: do not want to buy a legend nano from anywhere else.
• 40:28
  Speaker 7: So if you come here to products, you have the
• 40:31
  Speaker 7: legrodnetal X and the legend thatal S. So the S
• 40:34
  Speaker 7: if you come here, the S is going to be
• 40:37
  Speaker 7: sixty dollars sixty dollars right now. Now, the S is
• 40:41
  Speaker 7: only compatible via your computer, so you must have a computer.
• 40:45
  Speaker 7: It's only compatible via your computer. Now, if you come
• 40:48
  Speaker 7: to the X, you can actually download the app which
• 40:52
  Speaker 7: was I was saying earlier, Ledger Live. That's the actual
• 40:55
  Speaker 7: app that you can actually have on your phone, and
• 40:57
  Speaker 7: you could collect connect the legend net x to your
• 41:00
  Speaker 7: actual computer. So when you connect it to your computer
• 41:04
  Speaker 7: and your smartphone, so you can actually have it connected
• 41:07
  Speaker 7: to your smartphone and be able to track it just
• 41:10
  Speaker 7: like if it was your bank account at Bank of
• 41:11
  Speaker 7: America or J Morgan Chase wherever, and you actually open up.
• 41:15
  Speaker 7: You can actually use your face ID open up and
• 41:18
  Speaker 7: make those transactions back and forth. Now, the biggest thing
• 41:22
  Speaker 7: is when it comes to you actually sending this back
• 41:25
  Speaker 7: and forth, because it's important that you do not miss
• 41:28
  Speaker 7: a letter in your actual tag and your wallet code
• 41:31
  Speaker 7: when sending your crypto back and forth. Like I said,
• 41:34
  Speaker 7: there is no one eight hundred number to call cry
• 41:36
  Speaker 7: and saying, oh my gosh, I press the wrong button.
• 41:39
  Speaker 7: Can I get my money back? It's not happening. Once
• 41:41
  Speaker 7: you send, it is gone. So the great thing now
• 41:43
  Speaker 7: is that you actually have those QR codes so you
• 41:47
  Speaker 7: don't really have to do a lot of typing. So
• 41:49
  Speaker 7: when you're sending back and forth every place that you
• 41:52
  Speaker 7: purchase crypto and when you're taking a look, Robinhood is
• 41:55
  Speaker 7: now trying to even install this where they actually have
• 41:58
  Speaker 7: your actual wallet, so you can actually send out of
• 42:01
  Speaker 7: Robinhood to other platforms that'll be coming soon to Robinhood.
• 42:05
  Speaker 7: But if you're on Coinbase, if you're on Voyager, if
• 42:08
  Speaker 7: you're on Gemini, you're on any of these platforms, when
• 42:10
  Speaker 7: you purchase and it's stored on there, you have a
• 42:13
  Speaker 7: unique wallet that you can send to and from and
• 42:16
  Speaker 7: so utilizing that and make sure that you're using a
• 42:20
  Speaker 7: QR code and scanning it is going to be really
• 42:22
  Speaker 7: efficient and key. I know sometimes you know, we get
• 42:24
  Speaker 7: faster typing and texting. You might miss a letter. This
• 42:28
  Speaker 7: same the time where you want to misspell something, have
• 42:31
  Speaker 7: some spell check on your phone, whatever it may be.
• 42:33
  Speaker 7: So the ledgerd n X or the S and an
• 42:36
  Speaker 7: easier way is you can go ahead and get a bundle.
• 42:38
  Speaker 7: You can get these three so you can partner up
• 42:40
  Speaker 7: with your cousin or your friend or your wife, whoever.
• 42:43
  Speaker 7: You could partner up and get multiple ledgers, and you
• 42:46
  Speaker 7: can get it even cheaper at a discount. So it's
• 42:48
  Speaker 7: no excuse why people don't have anywhere to secure their
• 42:52
  Speaker 7: crypto before we even get into talking anything about cryptocurrency.
• 42:56
  Speaker 7: Security is number one. You can make all the money
• 42:59
  Speaker 7: in the world in a cryptospace, but if you're not
• 43:00
  Speaker 7: secure your assets, there's no point all right back to
• 43:06
  Speaker 7: the slide. So I want to talk about, like what's
• 43:10
  Speaker 7: the benefits honestly when we talk about blockchain, unless we
• 43:13
  Speaker 7: like really getting too breaking down like what is actual blockchain?
• 43:18
  Speaker 7: Because this is like an important topic of what a
• 43:20
  Speaker 7: lot of people are talking about and having questions saying,
• 43:23
  Speaker 7: what is blockchain? How can it be useful for me?
• 43:26
  Speaker 7: So the thing about blockchain is, and the thing about
• 43:29
  Speaker 7: bitcoin and ethereum there are a decentralized network. So one
• 43:33
  Speaker 7: of the biggest problems that we've had with the US
• 43:35
  Speaker 7: governments and governments across the world is the control of
• 43:39
  Speaker 7: money supply and the ability to be able to manipulate
• 43:42
  Speaker 7: that money supply. So when you take a look at bitcoin,
• 43:46
  Speaker 7: there's only a certain amount of biitcoin ever going to
• 43:49
  Speaker 7: be made and created. The brother before me at broke
• 43:52
  Speaker 7: down a great point talking about every four years. There's
• 43:55
  Speaker 7: a reason why crypto took off in twenty sixteen. There's
• 43:58
  Speaker 7: a reason why it took off in again and we're
• 44:01
  Speaker 7: seeing it do what it's doing now because people understand
• 44:04
  Speaker 7: the system. So what is decentralized hearing in the US,
• 44:08
  Speaker 7: we live in a centralized economy, and so what does
• 44:12
  Speaker 7: that mean. You have a Federal Reserve Chairman Drone Powell
• 44:15
  Speaker 7: and his team in the United States where they actually
• 44:18
  Speaker 7: control the money supply, where hey, he always talks about, hey,
• 44:22
  Speaker 7: we can just print more money with bitcoin. You cannot
• 44:25
  Speaker 7: do that. So there's a limited amount of supply and
• 44:28
  Speaker 7: that supply gets cut every four years. And so what
• 44:32
  Speaker 7: you're going to see is what this is basic. This
• 44:34
  Speaker 7: isn't anything really hard. I think a lot of times
• 44:37
  Speaker 7: people make it more complicated than what it is. If
• 44:39
  Speaker 7: I take supply from something, but then more demand continues
• 44:43
  Speaker 7: to come in, what is going to happen to price?
• 44:45
  Speaker 7: If it was Jordan's, if it's bitcoin, whatever, price is
• 44:48
  Speaker 7: going to go up because there's less supply, but now
• 44:51
  Speaker 7: there's increase in more demand. And so when we start
• 44:54
  Speaker 7: talking about blockchain and what's the benefits we talked about
• 44:57
  Speaker 7: talk about peer to peer transactions. When we think about
• 45:01
  Speaker 7: how countries actually had to transact, countries had to use
• 45:05
  Speaker 7: to transact through wires or had to take cash via
• 45:07
  Speaker 7: military from country to country to do business and trade.
• 45:11
  Speaker 7: With blockchain technology, this is actually going to build smart cities.
• 45:15
  Speaker 7: We're already seeing smart cities in China right now. When
• 45:19
  Speaker 7: we start thinking about self driving cars like Tesla Level
• 45:22
  Speaker 7: and we start thinking about that type of technology, a
• 45:25
  Speaker 7: lot of that is going to be powered by blockchain.
• 45:28
  Speaker 7: Right now, there's a smart city being built in Arizona
• 45:30
  Speaker 7: by Bill Gates. All of this is being powered by blockchain.
• 45:34
  Speaker 7: So that's one of the main benefits. The future that
• 45:36
  Speaker 7: we're going to live in is going to be powered
• 45:38
  Speaker 7: by blockchain. So crypto platforms coinbas Uphold, Crypto, dot Com, Gemini,
• 45:46
  Speaker 7: and Voyage. Voyager our five platforms that I'll say, it's
• 45:49
  Speaker 7: good for people to be able to purchase crypto and
• 45:51
  Speaker 7: get started with and then transfer to your ledger. As
• 45:55
  Speaker 7: I mentioned earlier, so the benefits of using peer to
• 45:58
  Speaker 7: peer transactions. So he mentioned the crypto coin XRP, which
• 46:03
  Speaker 7: is one of the fastest coins in the world. XRP
• 46:07
  Speaker 7: has been delisted from most of those platforms that I
• 46:10
  Speaker 7: just named. Accept Uphold. XRP went under a lawsuit that
• 46:16
  Speaker 7: talked about a little bit with their peer to peer
• 46:18
  Speaker 7: transactions and some other things. Hopefully that gets revolved. What
• 46:21
  Speaker 7: we'll see now. One of the things with XRP is
• 46:25
  Speaker 7: if someone was in Africa right now and I'm here
• 46:28
  Speaker 7: in the United States and boom, I could send them
• 46:30
  Speaker 7: money in like five seconds. They can send me two
• 46:33
  Speaker 7: hundred dollars. I can send them two hundred dollars. So
• 46:35
  Speaker 7: one of the things is that the benefits of using
• 46:37
  Speaker 7: those peer to pair of transactions. It's between you and
• 46:40
  Speaker 7: that person on that blockchain network and that ledger. So
• 46:44
  Speaker 7: that's important to understand that using peer to peers of
• 46:47
  Speaker 7: transactions in crypto is really one of the main benefits
• 46:51
  Speaker 7: that people love to use crypto and the efficiency and
• 46:55
  Speaker 7: the cost. So when we talk about wire transfers, when
• 46:58
  Speaker 7: we talk about the cost of bringing cast from a
• 47:00
  Speaker 7: country to another country, that is highly a high cost.
• 47:03
  Speaker 7: That is a high cost with crypto, those transaction fees
• 47:08
  Speaker 7: when it comes to wires, and when we talk about
• 47:11
  Speaker 7: bringing cash to place to place, those transaction fees cost
• 47:14
  Speaker 7: less and less. More like they cost less and less.
• 47:18
  Speaker 7: So I just tell people, like benefits of using peer
• 47:21
  Speaker 7: to peer transaction is key. And the platforms I mentioned
• 47:24
  Speaker 7: was coin based, Voyager and Gemini Crypto dot com uphold.
• 47:31
  Speaker 7: Those are all the platforms that I mentioned before. I
• 47:33
  Speaker 7: seen someone ask about that. So how to avoid like
• 47:37
  Speaker 7: crypto scams because I think this is one of the
• 47:39
  Speaker 7: biggest things that people get caught up on. Someone sent
• 47:42
  Speaker 7: me a DM on Instagram, or someone called me or
• 47:45
  Speaker 7: text me saying it set up a coin based account
• 47:47
  Speaker 7: or set it up my wallet. If someone is asking
• 47:50
  Speaker 7: you to send them crypto or asking you to buy
• 47:55
  Speaker 7: some crypto and set it up and give you their
• 47:57
  Speaker 7: give you your wallet password at x y z, please
• 48:00
  Speaker 7: ignore them, like please please ignore them, please block them.
• 48:04
  Speaker 7: No one is going to be reaching out to you
• 48:06
  Speaker 7: from a fake page asking you to send money and
• 48:10
  Speaker 7: it be legit.
• 48:11
  Speaker 8: It's not legit, including us and including us, y'all.
• 48:14
  Speaker 4: That's not us.
• 48:15
  Speaker 3: Yes, yes, that's not us. Please YouTube, Let me just
• 48:18
  Speaker 3: get it. That's very important. Let me turn the camera
• 48:20
  Speaker 3: on YouTube. Public service O YouTube.
• 48:22
  Speaker 5: YouTube.
• 48:23
  Speaker 3: If you are on YouTube and you see earn your
• 48:26
  Speaker 3: Lisia asking what they're doing is they're creating other pages
• 48:30
  Speaker 3: using earn your Lisia.
• 48:31
  Speaker 5: They're using the emoji.
• 48:33
  Speaker 3: But it's not like if you go to their page,
• 48:34
  Speaker 3: don't have like one hundred subscribers or like two subscribers.
• 48:37
  Speaker 3: But it's confusing because it has our name and it
• 48:40
  Speaker 3: has our.
• 48:40
  Speaker 8: Logo, and they're always on our comments.
• 48:42
  Speaker 3: We are we have never asked anybody for crypto. We
• 48:45
  Speaker 3: are not asking you for crypto. So please don't send
• 48:48
  Speaker 3: any crypto. Please please, please please.
• 48:51
  Speaker 8: And then that's YouTube A's ig. We're not asking for
• 48:53
  Speaker 8: any money. Please don't do that.
• 48:55
  Speaker 5: Public service announced.
• 48:56
  Speaker 4: Thank you.
• 48:56
  Speaker 8: I'm glad you said that, Laura. I appreciate you.
• 49:00
  Speaker 7: Yes, sir, yeah, No, it's important for people to understand
• 49:02
  Speaker 7: that because you got to understand why are they doing that.
• 49:05
  Speaker 7: They're doing that because, like I said, there is no
• 49:07
  Speaker 7: one eight hundred number to call. You're not able to
• 49:10
  Speaker 7: call them. So once you send them that money or
• 49:12
  Speaker 7: you give them that access to that whilet it's over it,
• 49:14
  Speaker 7: they're taking it. So please guys, stay away from those.
• 49:17
  Speaker 7: I know that's one of the main things that a
• 49:19
  Speaker 7: lot of people always get caught up in when they
• 49:22
  Speaker 7: first get into crypto, not knowing, you know, the ins
• 49:25
  Speaker 7: and outs of it. So I really wanted to mention
• 49:27
  Speaker 7: that here tonight how to avoid crypto scres, smart contracts,
• 49:31
  Speaker 7: and just something that he touched on very in definite.
• 49:35
  Speaker 7: I want to talk about it as well too. So
• 49:37
  Speaker 7: smart contracts pretty much permit trusted transactions. So that's the
• 49:42
  Speaker 7: way you want to look at it when you were
• 49:43
  Speaker 7: talking about this blockchain technology and understanding how this is
• 49:47
  Speaker 7: going to continue to evolve as we go through time.
• 49:50
  Speaker 7: So one of the things in the decentralized network, in
• 49:53
  Speaker 7: the blockchain network is the code to execution. So what
• 49:56
  Speaker 7: he talked about in the codes to execution, transactions are
• 50:00
  Speaker 7: trackable and irreversible. So that's one of the things that
• 50:04
  Speaker 7: I was just saying, like, once you send someone money,
• 50:06
  Speaker 7: it's irreversible. The transactions are also as well trackable. So
• 50:10
  Speaker 7: it's key to understand that these self executing contracts, this
• 50:15
  Speaker 7: is what binds a lot of times these particular transactions together.
• 50:19
  Speaker 7: So this is the transparency part when we talk about
• 50:22
  Speaker 7: smart contracts. So crypto is a very transparent place. It
• 50:26
  Speaker 7: is not controlled by centralized entity, and that is the
• 50:30
  Speaker 7: biggest thing. It's not controlled by centralized entity. And so
• 50:34
  Speaker 7: that's why when we see certain things happen in economies
• 50:38
  Speaker 7: across the world, where we see certain things even throughout
• 50:41
  Speaker 7: the pandemic, there was a reason why theoryum went up
• 50:44
  Speaker 7: as much as it did and didn't just go up
• 50:46
  Speaker 7: just to go up. It was a reason why bitcoin
• 50:47
  Speaker 7: went up as much as it did because people started
• 50:50
  Speaker 7: to lose faith in the government's ability to be able
• 50:53
  Speaker 7: to control the money supply and be able to control economies.
• 50:57
  Speaker 7: And people said, enough, we've been experience and what a
• 51:01
  Speaker 7: hyper inflationary economy where we're seeing costs of live and
• 51:04
  Speaker 7: increase exponentially because of the amount of money that's been
• 51:08
  Speaker 7: put in circulated into our economy. So when we start
• 51:12
  Speaker 7: to think about why people are actually coming to execute
• 51:15
  Speaker 7: these smart contracts, why people are coming to purchase cryptocurrencies,
• 51:19
  Speaker 7: it's a true heads to inflation over time. So the
• 51:24
  Speaker 7: influence of monetary policy, what roles will the Fed play,
• 51:28
  Speaker 7: and why some regulations are good. So I talked a
• 51:32
  Speaker 7: lot about decentralized network and Alistair did before as well,
• 51:37
  Speaker 7: but I want to talk about the influence of monetary
• 51:40
  Speaker 7: policy and what we've seen and why crypto in the
• 51:44
  Speaker 7: crypto space has grown so much in the past twelve
• 51:47
  Speaker 7: to eighteen months. So what roles will the Federal Reserve
• 51:50
  Speaker 7: play For the people that don't know who the Federal
• 51:52
  Speaker 7: Reserve is? We have the Federal Reserve chairman, Drome Powell.
• 51:56
  Speaker 7: So Drome Power is someone that I would ask everyone
• 51:58
  Speaker 7: to go research. Been the Federal Reserve chairman for the
• 52:01
  Speaker 7: past few years. And when we've seen the amount of
• 52:04
  Speaker 7: money that's been put into our economy via unemployment checks,
• 52:08
  Speaker 7: SBA loans, when we see from stimulus checks, all of
• 52:12
  Speaker 7: those different things have now put a bunch of money
• 52:14
  Speaker 7: into our circulating supply, and they've just continued to print.
• 52:18
  Speaker 7: But the thing is, you cannot print your way out
• 52:20
  Speaker 7: of a problem. Eventually there is a debt to pay.
• 52:23
  Speaker 7: And so what happens is is that people have now seen,
• 52:27
  Speaker 7: oh my god, like my dollar is not backed by anything.
• 52:30
  Speaker 7: My dollar does mean no good in my bank account.
• 52:32
  Speaker 7: So the same way that people take their money to
• 52:34
  Speaker 7: go and invest in a stock market, as the stock
• 52:36
  Speaker 7: market is another hedge to inflation, people are using the
• 52:39
  Speaker 7: crypto space to be able to hey, let's go invest
• 52:42
  Speaker 7: here and get a year. That's all that we're people
• 52:45
  Speaker 7: are looking for. People are always looking for a yield.
• 52:47
  Speaker 7: A yield is a return. So what roles will the
• 52:50
  Speaker 7: Fed play? So as the Federal Reserve continues to print money,
• 52:55
  Speaker 7: and as the Democrats and Republicans continue to approve packages
• 52:59
  Speaker 7: of spending major spending, trillions of dollars of spending. We
• 53:03
  Speaker 7: may continue to see assets like bitcoin and ethereum continue
• 53:07
  Speaker 7: to grow. Why because people are looking for that hedge.
• 53:10
  Speaker 7: People are looking to get a yield, and so that
• 53:13
  Speaker 7: is one of the main roles that the Federal Reserve
• 53:15
  Speaker 7: played by their actions will directly have an impact to
• 53:18
  Speaker 7: how crypto will perform in the future. And why some
• 53:21
  Speaker 7: regulations are good. So there's a lot of people who
• 53:24
  Speaker 7: have purchased crypto on some websites that I didn't even name.
• 53:28
  Speaker 7: You got some crazy websites out there. Because what I
• 53:31
  Speaker 7: want people to understand is for people that don't know,
• 53:33
  Speaker 7: the beginning of bitcoin, in the beginning of the crypto
• 53:36
  Speaker 7: space wasn't so good. A lot lot of crypto is
• 53:39
  Speaker 7: being used for dirty transactions on the Internet. I'm just
• 53:42
  Speaker 7: going to leave it there. So some regulations are good.
• 53:45
  Speaker 7: Why because there's a lot of crypto platforms out there
• 53:49
  Speaker 7: that people made millions and billions of dollars and the
• 53:53
  Speaker 7: government did not collect taxes. So I always like to
• 53:56
  Speaker 7: look at things from both sides and never like I'm
• 53:58
  Speaker 7: always on one side. Always like to look and see
• 54:01
  Speaker 7: what is this size saying, So from a government's perspective,
• 54:04
  Speaker 7: we don't have no problem with you guys trading your crypto,
• 54:07
  Speaker 7: but we want to be able to get our piece.
• 54:09
  Speaker 7: Uncle Sam needs to get his piece as well too.
• 54:12
  Speaker 7: So some regulations are good because there's been a lot
• 54:14
  Speaker 7: of people who have purchased crypto on some of these
• 54:17
  Speaker 7: platforms and actually haven't seen any of their returns. So
• 54:21
  Speaker 7: this is why I say be careful of buying crypto
• 54:23
  Speaker 7: on certain sites that you have no business being on.
• 54:26
  Speaker 7: You buy crypto on these certain sites, they lock you out.
• 54:29
  Speaker 7: Next thing, you know, you made twenty thousand dollars. But
• 54:31
  Speaker 7: did you make twenty thousand dollars No, because you didn't
• 54:33
  Speaker 7: put on your ledger. You left it on there and
• 54:36
  Speaker 7: then that site ended up getting shut down for not
• 54:38
  Speaker 7: following regulations. And that site got shut down, so did
• 54:41
  Speaker 7: your money go as well too. So there's the reason
• 54:44
  Speaker 7: why platforms like coinbase was able to ipo in the
• 54:48
  Speaker 7: US stock market because they follow systems. They followed the
• 54:51
  Speaker 7: regulations by sept by the SEC. They send you your
• 54:55
  Speaker 7: tax documents at the end of the year so you
• 54:57
  Speaker 7: can account for what transactions you place how much crypto
• 55:00
  Speaker 7: you bought so xyz. So some regulations are good in
• 55:04
  Speaker 7: this space because we understand that there's a lot of
• 55:07
  Speaker 7: people out here that do some bad things, and it's
• 55:10
  Speaker 7: important to understand the influence of monetary policy. So paying
• 55:14
  Speaker 7: attention to the decisions that are made here not only
• 55:16
  Speaker 7: in the US, but also across the world and the
• 55:19
  Speaker 7: Asian markets, in European markets will directly have an impact
• 55:23
  Speaker 7: on the future of crypto. So why supply and demand
• 55:29
  Speaker 7: and circulating supply matters, So like this is key, and
• 55:33
  Speaker 7: I what he mentioned on coin marketcap dot com is
• 55:37
  Speaker 7: honestly this is one of the best websites to use.
• 55:40
  Speaker 7: So we're just gonna honestly start here at ethereum right now,
• 55:44
  Speaker 7: leasm nott there in bitcoin we have eighteen million circulating supply,
• 55:49
  Speaker 7: So that's how much supply is out there when we
• 55:51
  Speaker 7: start speaking about bitcoin. So what I want people to
• 55:55
  Speaker 7: kind of get in their heads and start to really
• 55:58
  Speaker 7: look at is start looking at circulating supply. So the
• 56:02
  Speaker 7: way we look at circulating supply in the crypto market
• 56:05
  Speaker 7: is the same thing as outstanding shares in the stock market.
• 56:08
  Speaker 7: So outstanding shares is how much shares are out there
• 56:11
  Speaker 7: available to be purchased. When we start taking a look
• 56:13
  Speaker 7: at circulating supply is the same exact thing. So when
• 56:17
  Speaker 7: you have a lower circulating supply and demand creeps in rapidly,
• 56:22
  Speaker 7: you see a huge increase in price. So there's a
• 56:26
  Speaker 7: reason why Cardono could never be bigcoins price. Look at
• 56:30
  Speaker 7: this circulating supply compared to bigcoin, to cardinal circulating supply,
• 56:35
  Speaker 7: Cardno has a vast enormous amount bigger circulating supply than
• 56:41
  Speaker 7: bigcoin does, so they have way more supply. You're talking
• 56:45
  Speaker 7: about eighteen million, and we have to come all the
• 56:47
  Speaker 7: way down here and compare it to thirty three billion.
• 56:50
  Speaker 7: We can't compare that, So that is why we see
• 56:53
  Speaker 7: bigcoin erners.
• 56:55
  Speaker 4: What's up?
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  Speaker 1: An illegal alien from Guatemala charged with raping a child
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  Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador
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  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 59:46
  Speaker 7: To have these volatile moves and they move up and down.
• 59:49
  Speaker 7: So bigcoin is like the Amazon or the Tesla of
• 59:54
  Speaker 7: the crypto space. The reason why Tesla Amazon moved the
• 59:57
  Speaker 7: way they move Netflix is your Rokus, all of those companies,
• 1:00:01
  Speaker 7: even your game stops. They move like that because they
• 1:00:05
  Speaker 7: have a low amount of outstanding shares, whereas a cardono
• 1:00:08
  Speaker 7: is really like an Apple. You see Apple has seventeen
• 1:00:13
  Speaker 7: billion outstanding shares seventeen billion, where Tesla has nine hundred million.
• 1:00:20
  Speaker 7: You can't compare that circulating supply. So that is why
• 1:00:24
  Speaker 7: Tesla moved the way they move, and that's why Apple
• 1:00:26
  Speaker 7: moves the way they move. They move a lot slower,
• 1:00:28
  Speaker 7: and that's why we see bitcoin. Bitcoin has a way
• 1:00:32
  Speaker 7: wider range and moves at a way rapid pace versus
• 1:00:35
  Speaker 7: our cardono that moves a lot slower. So it's important
• 1:00:38
  Speaker 7: to understand circulating supply, and it's important to pay attention
• 1:00:43
  Speaker 7: when you're looking to invest in a cryptocurrency to say, hey,
• 1:00:46
  Speaker 7: what's the circulating supply.
• 1:00:47
  Speaker 5: That's one of the I want to cut you off
• 1:00:49
  Speaker 5: from minute.
• 1:00:50
  Speaker 3: That's one of the best things that would set you're
• 1:00:53
  Speaker 3: doing an amazing job. But that's one of the biggest,
• 1:00:56
  Speaker 3: biggest things that people don't fully understand circulation supply. That's
• 1:01:00
  Speaker 3: what like even a coin like XRP, look how many
• 1:01:02
  Speaker 3: coins it has out there. So when you look at
• 1:01:05
  Speaker 3: the potential price point, when you look at moves, all
• 1:01:07
  Speaker 3: of these things, that is something that is not talked
• 1:01:10
  Speaker 3: about enough.
• 1:01:11
  Speaker 5: So I'm glad you said that.
• 1:01:13
  Speaker 3: If you don't get anything else from this presentation, that
• 1:01:16
  Speaker 3: is a gem not just on the on the crypto side,
• 1:01:19
  Speaker 3: but also on the stock market side as well.
• 1:01:22
  Speaker 7: Yes, sir, yeah, So that's important for us to pay
• 1:01:24
  Speaker 7: attention to. As I scroll down here, if I look
• 1:01:27
  Speaker 7: at XRP, XRP has forty seven billion, but if I
• 1:01:30
  Speaker 7: look at Solona, Slona has three hundred and one million.
• 1:01:35
  Speaker 7: We take a look at Ethereum one hundred and eighteen million.
• 1:01:38
  Speaker 7: So these have smaller circulating supplies. So this is why
• 1:01:41
  Speaker 7: we see the price moves that they make. Also, we
• 1:01:45
  Speaker 7: take a look and if I type in we start
• 1:01:48
  Speaker 7: to look at Tron. We see crypto coins like that.
• 1:01:51
  Speaker 7: You take a look at Maker or a lot of
• 1:01:54
  Speaker 7: people were asking like, oh my gosh, why did Maker
• 1:01:56
  Speaker 7: make the move that they did. Maker has a low
• 1:01:59
  Speaker 7: circulating So it's important to understand that not just in
• 1:02:02
  Speaker 7: the crypto space, but in the stock market space. So
• 1:02:04
  Speaker 7: that's why it's really important for us to pay attention
• 1:02:07
  Speaker 7: to supply and demand and why circulating supply matters. So
• 1:02:12
  Speaker 7: how to benefit from playing quote unquote as coins I
• 1:02:16
  Speaker 7: won't curse?
• 1:02:17
  Speaker 4: So when we.
• 1:02:18
  Speaker 7: Start to think like how can we benefit from this,
• 1:02:21
  Speaker 7: what I tell people is you want to put money
• 1:02:25
  Speaker 7: into these coins that you see pop up, like Ashiba
• 1:02:29
  Speaker 7: that everyone's talking about. You want to put as little
• 1:02:32
  Speaker 7: amount of money in those as possible. If you hit,
• 1:02:35
  Speaker 7: you want to put a small amount because you don't
• 1:02:38
  Speaker 7: want to be bet in the house. What happens is
• 1:02:40
  Speaker 7: is that people come in and they say, oh, my gosh,
• 1:02:43
  Speaker 7: I seen this on TV. I've seen this on YouTube.
• 1:02:45
  Speaker 7: I've seen someone put this on Instagram. They made money
• 1:02:49
  Speaker 7: from this. Boom. I feel like fomo fear of missing out.
• 1:02:52
  Speaker 7: So then they feel like boom, like I got to
• 1:02:54
  Speaker 7: hop in. And then you end up putting ten thousand
• 1:02:56
  Speaker 7: in but you ain't even never invested in your life,
• 1:02:59
  Speaker 7: but you putting ten thousand on sheep but you don't
• 1:03:01
  Speaker 7: know nothing about investing, But you putting ten thousand in
• 1:03:04
  Speaker 7: something you know nothing about because you're being greedy. So
• 1:03:07
  Speaker 7: it might have worked out the first time, but then
• 1:03:09
  Speaker 7: the next time you do it, it ends up what
• 1:03:11
  Speaker 7: not working right. So it's important that I want people
• 1:03:15
  Speaker 7: to understand to stay away from just putting money on
• 1:03:18
  Speaker 7: any coin that you come about and find. In twenty
• 1:03:21
  Speaker 7: sixteen and twenty seventeen, there was a lot of people
• 1:03:24
  Speaker 7: who lost money big time, thousands of dollars lost life
• 1:03:28
  Speaker 7: savings because of greed. Because what's what can happen is is, okay,
• 1:03:33
  Speaker 7: sheep has checked out, all right, But there's people out
• 1:03:36
  Speaker 7: there that come up with these coins and say, hmm,
• 1:03:39
  Speaker 7: let's make a coin called rocket coin, and then it
• 1:03:41
  Speaker 7: comes out and then they set up shop, they raise capital,
• 1:03:45
  Speaker 7: make millions of dollars, then they shut the platform down,
• 1:03:47
  Speaker 7: and they run off with your money. That has happened
• 1:03:50
  Speaker 7: a lot of times in this space, and what I
• 1:03:53
  Speaker 7: don't want to happen is new people coming in that
• 1:03:55
  Speaker 7: don't really know a lot about anything come in and
• 1:03:58
  Speaker 7: just start putting money on cours just because they found
• 1:04:01
  Speaker 7: this website. Boom, oh this coin is, you know, twenty cents,
• 1:04:05
  Speaker 7: so this coin is less than a penny, so I
• 1:04:07
  Speaker 7: can get a million coins. So it's gonna go to
• 1:04:10
  Speaker 7: a dollar, I'm gonna be a millionaire. I don't want
• 1:04:13
  Speaker 7: people to make a habit of doing that if you
• 1:04:16
  Speaker 7: benefited from a dodge coin. There's been people who are
• 1:04:19
  Speaker 7: still bag holding on dodge coin because they thought, oh,
• 1:04:21
  Speaker 7: Elon's getting on NS ANDL is gonna go to the moon.
• 1:04:23
  Speaker 7: It's going to a dollar, it's going to one hundred dollars.
• 1:04:26
  Speaker 7: So be weary of just listening to people on social
• 1:04:29
  Speaker 7: media telling you what's going to happen. What you want
• 1:04:33
  Speaker 7: to understand is when everyone's typically talking about a coin,
• 1:04:36
  Speaker 7: or everyone's typically talking about an investment, it's typically time
• 1:04:40
  Speaker 7: to sell. If it's all over social media, if it's
• 1:04:43
  Speaker 7: all over the media, it's typically time to sell. You
• 1:04:46
  Speaker 7: want to buy the hype and sell the news. So
• 1:04:49
  Speaker 7: am I saying that a lot of these coins can't
• 1:04:52
  Speaker 7: benefit you know they can because these coins could be
• 1:04:54
  Speaker 7: equity builders. That's the way I look at it. You
• 1:04:57
  Speaker 7: can make ten twenty fifty thousand off this type of coin,
• 1:05:01
  Speaker 7: but then boom, take that money and put it into
• 1:05:03
  Speaker 7: a long term investment on the stock market, put it
• 1:05:06
  Speaker 7: into bigcoin and ethereum. Things that have been proven, things
• 1:05:09
  Speaker 7: that we've seen over time growth. Take the risky plays
• 1:05:13
  Speaker 7: that you've made money on and put it into something
• 1:05:15
  Speaker 7: more stable and more consistent. Don't go back out. They're
• 1:05:18
  Speaker 7: still trying to gamble. So using technical analysis to buy crypto.
• 1:05:25
  Speaker 7: So I know a lot of people are always like
• 1:05:27
  Speaker 7: you know, I struggle with technicals, struggle with reading charts.
• 1:05:31
  Speaker 7: So I want to make this very simple. Just gonna
• 1:05:34
  Speaker 7: take two minutes, and I want to make this very
• 1:05:36
  Speaker 7: simple for people to be able to kind of understand, like, Okay,
• 1:05:40
  Speaker 7: where should I be looking at Because there was a
• 1:05:43
  Speaker 7: lot of things that was said, particularly about bigcoin during
• 1:05:47
  Speaker 7: this time. We saw bitcoin back in the middle of
• 1:05:50
  Speaker 7: May retrace back now all the way to about thirty thousand,
• 1:05:56
  Speaker 7: And what I want to bring quickly break down is
• 1:05:58
  Speaker 7: I'm looking at bigcoin to USD pair and I'm on
• 1:06:02
  Speaker 7: a technical timeframe called the weekly and daily. I believe
• 1:06:06
  Speaker 7: that everyone, if you're looking at the crypto space, you
• 1:06:08
  Speaker 7: should be a long term investor. I'm not really into
• 1:06:10
  Speaker 7: the traded I don't really like people to just trade
• 1:06:14
  Speaker 7: frequently in the crypto space. I like people to be
• 1:06:16
  Speaker 7: able to buy hole, make money, and invest. When we
• 1:06:20
  Speaker 7: see the fifty to sixty percent downturns, because these fifty
• 1:06:23
  Speaker 7: to sixty percent downturns are nothing new in the crypto space.
• 1:06:26
  Speaker 7: The last time that bitcoin hit twenty thousand and twenty
• 1:06:29
  Speaker 7: seven towards in the twenty seventeen it took a long
• 1:06:32
  Speaker 7: time for bitcoin to get back to that price, But
• 1:06:35
  Speaker 7: there was plenty of times where bitcoin dropped to four
• 1:06:37
  Speaker 7: thousand and then it came back up to twelve thousand,
• 1:06:40
  Speaker 7: So how can you capitalize off of that? And also
• 1:06:43
  Speaker 7: how can you see things from a bigger timeframe? So
• 1:06:46
  Speaker 7: taking a look at bitcoin to USD, one technical indicator
• 1:06:51
  Speaker 7: that I would recommend for people to have is price.
• 1:06:54
  Speaker 7: Price is your number one indicator. Mac the's RSIs all
• 1:06:59
  Speaker 7: of these cator's lag price. So what do I mean
• 1:07:02
  Speaker 7: by that? Without price? There is no Magde without price,
• 1:07:06
  Speaker 7: there is no RSI without price, there is no bullet
• 1:07:09
  Speaker 7: er Beard. So I'm gonna give a shout out to
• 1:07:11
  Speaker 7: Ian Dunlap. There was a reason why he was speaking
• 1:07:13
  Speaker 7: about that twenty eighty four hundred and forty four price.
• 1:07:17
  Speaker 7: That was a major support level for bitcoin. So Ian
• 1:07:21
  Speaker 7: just didn't pull that number out of nowhere. He pulled
• 1:07:23
  Speaker 7: it from where he's seen. What he's seen a technical
• 1:07:26
  Speaker 7: level that was going to be hard to break underneath.
• 1:07:30
  Speaker 7: As we saw back here January fourth, this year, January eleventh,
• 1:07:34
  Speaker 7: January eighteenth, January twenty fifth, every candle on the weekly
• 1:07:39
  Speaker 7: timeframe accounts four week, so all these were weeks. So
• 1:07:41
  Speaker 7: as we saw early on in the run of this
• 1:07:46
  Speaker 7: last run of crypto, we saw crypto kept pulling back
• 1:07:49
  Speaker 7: to that level that he was speaking on, that twenty
• 1:07:51
  Speaker 7: eight thousand, four hundred level. So that was now we
• 1:07:55
  Speaker 7: have bigcoin that hit sixty five thousand the top here
• 1:07:59
  Speaker 7: and then it pulled back and to climb a little
• 1:08:01
  Speaker 7: over fifty percent.
• 1:08:03
  Speaker 5: Red red pain are gonna be mad at you too much?
• 1:08:08
  Speaker 11: Too much?
• 1:08:09
  Speaker 5: Give it away? It is is.
• 1:08:11
  Speaker 8: Wait wait you know, oh we got lef on the
• 1:08:14
  Speaker 8: lunch shut.
• 1:08:15
  Speaker 5: Out, shout out to market, mondays shot.
• 1:08:21
  Speaker 7: By bad I'm bad Ian, Yeah, but uh no for real. Now,
• 1:08:25
  Speaker 7: So when we see price revert back to these levels
• 1:08:28
  Speaker 7: multiple times, so we had about five six seven instances
• 1:08:33
  Speaker 7: of price reverting back to this level and it does
• 1:08:35
  Speaker 7: not break. We categorize that as a major support level.
• 1:08:39
  Speaker 7: So for those that are new to looking at this chart,
• 1:08:41
  Speaker 7: it's saying, yo, what is he even talking about? Trading
• 1:08:44
  Speaker 7: view is the website that I'm using. Pull up BTC
• 1:08:47
  Speaker 7: to USD, pull up the weekly timeframe, and start looking
• 1:08:51
  Speaker 7: at major support and major resistance levels. So what we
• 1:08:55
  Speaker 7: saw was we saw a break underneath a major support level.
• 1:08:59
  Speaker 7: It reverted back to this major and it was sitting
• 1:09:02
  Speaker 7: here for about two months. And so what you want
• 1:09:05
  Speaker 7: to understand is that you want to be paying attention
• 1:09:07
  Speaker 7: to technicals when you're looking at investing in the crypto space.
• 1:09:13
  Speaker 7: You just don't want to be buying. Oh it's at
• 1:09:15
  Speaker 7: sixty thousand, and I don't want to miss out, so
• 1:09:18
  Speaker 7: let me just go buy. No, you want to find
• 1:09:20
  Speaker 7: a good entry. Is it going to be the best entry?
• 1:09:23
  Speaker 7: Is it not going to go lower? It could, but
• 1:09:25
  Speaker 7: you put yourself at a better advantage when you're able
• 1:09:28
  Speaker 7: to use technicals to define, hey, where I'm looking to
• 1:09:32
  Speaker 7: enter at this specific price. So we had a combination
• 1:09:35
  Speaker 7: of a major bounce here towards that end of July,
• 1:09:39
  Speaker 7: and we saw coins like Solona, We saw a lot
• 1:09:42
  Speaker 7: of cryptos turn back up, Ethereum Bitcoin, But it was
• 1:09:46
  Speaker 7: a technical reason why. Now Here is where I took
• 1:09:50
  Speaker 7: where I was telling people like yo, don't worry about
• 1:09:52
  Speaker 7: the China stuff. You know, everyone was saying, oh my god,
• 1:09:56
  Speaker 7: China's banning Crypto. A lot of that is smoke, guys
• 1:09:59
  Speaker 7: with what's not being told to you on this media
• 1:10:02
  Speaker 7: is those people that's sitting on CNBC. They missed a
• 1:10:06
  Speaker 7: lot of this stuff. I'm gonna tell you a lot
• 1:10:07
  Speaker 7: of those people on CNBC, and a lot of those
• 1:10:10
  Speaker 7: people are lazy. They don't do the hard work. They
• 1:10:13
  Speaker 7: have people who do it for them, and a lot
• 1:10:15
  Speaker 7: of times their people miss stuff because lazy habits were off.
• 1:10:19
  Speaker 7: And so what happens is what's the easiest way for me,
• 1:10:22
  Speaker 7: me to be able to buy something fifty percent cheaper. Well,
• 1:10:26
  Speaker 7: we got to start thinking who runs the media. These
• 1:10:28
  Speaker 7: wealthy people, wealthy billionaires, people you ain't never gonna see,
• 1:10:32
  Speaker 7: You ain't never gonna see their face. They run this country,
• 1:10:36
  Speaker 7: they run these markets, and so it's important for us
• 1:10:39
  Speaker 7: to understand. It's easy if they miss something to say,
• 1:10:42
  Speaker 7: go out here and put this narrative out here for
• 1:10:44
  Speaker 7: a month or two, guess what was happening all here.
• 1:10:48
  Speaker 7: That's why every time it hit these that level, it
• 1:10:51
  Speaker 7: kept bouncing because guess what institutions were buying? Billionaires were
• 1:10:56
  Speaker 7: buying people were buying there, and so it's important to
• 1:10:59
  Speaker 7: under stand a psychological aspect of investing in the crypto
• 1:11:03
  Speaker 7: space and investing in general. It's a lot easier if
• 1:11:05
  Speaker 7: I miss something. If I know I have the power
• 1:11:07
  Speaker 7: to go on SEEINGBC and say, well cryptos you know
• 1:11:11
  Speaker 7: going to zero or I embarrassed on crypto right now
• 1:11:14
  Speaker 7: and it falls, it's an easy opportunity now if it
• 1:11:17
  Speaker 7: falls fifty percent, because what I'm going to tell you
• 1:11:19
  Speaker 7: is ninety percent of people in the world don't do
• 1:11:21
  Speaker 7: the hard work. Only ten percent of people is actually
• 1:11:23
  Speaker 7: going to go do the reading, do the homework, do
• 1:11:25
  Speaker 7: the technicals, do all the hard stuff. So ninety percent
• 1:11:28
  Speaker 7: of people sat and said, oh, CNBC said this, so
• 1:11:30
  Speaker 7: sel and that's what happened. But guess what the ten
• 1:11:33
  Speaker 7: percent come in and swoop that up. They take that opportunity.
• 1:11:38
  Speaker 7: And so that's my point there with the technical piece,
• 1:11:47
  Speaker 7: And why is the crypto market so volatile? This is
• 1:11:50
  Speaker 7: one of the questions I always get. The crypto market
• 1:11:52
  Speaker 7: is very volatile because a lot of times there's a
• 1:11:56
  Speaker 7: lot of wea cans, there's a lot of people looking
• 1:11:58
  Speaker 7: to get rich quick. When it comes to the crypto space,
• 1:12:01
  Speaker 7: there's not a lot of strong hands in the crypto space.
• 1:12:04
  Speaker 7: There's a lot of people look in at boom, how
• 1:12:05
  Speaker 7: can I make this money today? And there's a lot
• 1:12:08
  Speaker 7: of whales. So what is a whale. A whale is
• 1:12:11
  Speaker 7: someone who holds a large amount and vast majority amount
• 1:12:15
  Speaker 7: of crypto. So when the whales move, if there's someone
• 1:12:18
  Speaker 7: who might own two to five percent of one coin,
• 1:12:21
  Speaker 7: if they make a move, well guess what that's gonna
• 1:12:24
  Speaker 7: drop that price. And so a lot of times when
• 1:12:27
  Speaker 7: the whales make their moves, that creates a lot of volatility.
• 1:12:31
  Speaker 7: One of the things that you'll see on Sundays typically
• 1:12:34
  Speaker 7: Sundays a lot of times where you see a lot
• 1:12:36
  Speaker 7: of the volatility. A lot of the red days typically
• 1:12:38
  Speaker 7: happen on those Saturday nights and Sundays throughout the day.
• 1:12:43
  Speaker 7: That's a lot of times where you'll see a lot
• 1:12:45
  Speaker 7: more volatility in the crypto market. But this is a
• 1:12:47
  Speaker 7: market that moves twenty four to seven guys. It never stops.
• 1:12:51
  Speaker 7: And so it's important to understand that the cryptocurrency market
• 1:12:53
  Speaker 7: is very volatile. I always tell people, if you don't
• 1:12:57
  Speaker 7: really have a high risk tolerance, this is probably not
• 1:12:59
  Speaker 7: the place and it's not to be discriminatory, but it's
• 1:13:02
  Speaker 7: just to be honest and transparent. It's like, if you're
• 1:13:05
  Speaker 7: not comfortable with the volatility, then you should be very
• 1:13:09
  Speaker 7: careful investing in the crypto space, so you should have
• 1:13:12
  Speaker 7: a high risk tolance in my opinion. Twenty seventeen Crypto lesson,
• 1:13:16
  Speaker 7: It's to be quick. Twenty seventeen Crypto lesson taught me
• 1:13:20
  Speaker 7: what I just explained to you about the analysts, about
• 1:13:23
  Speaker 7: people talking on CNBC all of that. There was a
• 1:13:25
  Speaker 7: lot of people that said crypto is going to zero,
• 1:13:28
  Speaker 7: and those same people are the people now that's all
• 1:13:32
  Speaker 7: bullish on cryptos. So guess what they were saying that
• 1:13:35
  Speaker 7: because they didn't have a position in yet. So be
• 1:13:37
  Speaker 7: mindful of these people that we think are trying to
• 1:13:40
  Speaker 7: look out for us by telling you the truth, typically
• 1:13:42
  Speaker 7: go the other way. If they're telling you they ain't
• 1:13:45
  Speaker 7: buying or they're bearished, they're partypically doing that. If everyone's
• 1:13:49
  Speaker 7: becoming bullish on crypto, that's where you should be weary.
• 1:13:52
  Speaker 7: That's when you should and that's what happened in April.
• 1:13:55
  Speaker 7: Everyone was bullished. We've seen Ethereum go to four thousand,
• 1:13:58
  Speaker 7: we've seen bitcoin, go care about it. We've seen coins
• 1:14:01
  Speaker 7: doing crazy stuff if they're in Classic went from like
• 1:14:03
  Speaker 7: twenty bucks to one to eighty. We're seeing all kinds
• 1:14:05
  Speaker 7: of crazy stuff. That's typically where you want to sell.
• 1:14:09
  Speaker 7: That's typically where it's like, all right, I want to
• 1:14:10
  Speaker 7: sell take some profits. You want to understand is that
• 1:14:14
  Speaker 7: this is a this is a very dirty game. This
• 1:14:17
  Speaker 7: is and this is the hardcore truth. This is a
• 1:14:19
  Speaker 7: very dirty game. And in twenty seventeen I learned a lot.
• 1:14:23
  Speaker 7: I invested in crypto before I even invested in stocks,
• 1:14:26
  Speaker 7: and a lot of the crypto transactions and the players
• 1:14:28
  Speaker 7: that I made put me in a position to be
• 1:14:30
  Speaker 7: able to invest in stocks. But I look at the
• 1:14:34
  Speaker 7: crypto space to be able to build your equity. If
• 1:14:38
  Speaker 7: you are investing in those smaller coins to build your
• 1:14:40
  Speaker 7: equity off of them, you don't want to be putting
• 1:14:42
  Speaker 7: house money on them. So my twenty seventeen crypto lesson is,
• 1:14:46
  Speaker 7: do not be afraid to take profit, and do not
• 1:14:49
  Speaker 7: follow the masses. It is really key. Do not follow
• 1:14:53
  Speaker 7: the masses. If everyone's telling you to buy this, buy that,
• 1:14:56
  Speaker 7: go the other way. If your barber is telling you, hey,
• 1:14:59
  Speaker 7: did you buy this? I'm buying that, but they ain't
• 1:15:01
  Speaker 7: never had a conversation with you about investing a crypto before.
• 1:15:04
  Speaker 7: Do you think that's something you should be doing. No,
• 1:15:07
  Speaker 7: So you want to be wary of that. You want
• 1:15:09
  Speaker 7: to be careful of that. That's really important. And the
• 1:15:12
  Speaker 7: twenty seventeen lesson taught me is like, pay attention to, Yes,
• 1:15:15
  Speaker 7: what's being said on the news, but also understand that's
• 1:15:17
  Speaker 7: a lot of smoke. And that's not just the crypto market,
• 1:15:19
  Speaker 7: that's the stock market and you know markets just in general.
• 1:15:23
  Speaker 7: My top coins for people to watch in twenty twenty
• 1:15:26
  Speaker 7: two one is chain Link. Chain Link is in ethereum
• 1:15:29
  Speaker 7: based token. I would say for people to go research
• 1:15:33
  Speaker 7: chain Link. You can find it in a ticket l
• 1:15:35
  Speaker 7: I MK. That's one of the things that I would
• 1:15:39
  Speaker 7: tell people to pay attention to and watch in twenty
• 1:15:41
  Speaker 7: twenty two. Chain Link is one of those. Also, I
• 1:15:45
  Speaker 7: would tell people as well to continue to watch XLMS
• 1:15:49
  Speaker 7: Stellar Lumens. I would tell people to continue to monitor
• 1:15:53
  Speaker 7: Stellar lumins. And those are just the two coins that
• 1:15:56
  Speaker 7: I typically wanted to recommend for people to just take
• 1:15:59
  Speaker 7: a look at some research on. And the last thing
• 1:16:02
  Speaker 7: is Yo stay in the top ten to twenty crypto coins.
• 1:16:05
  Speaker 7: Please don't start deviating into things that you don't know
• 1:16:08
  Speaker 7: nothing about. Please pay attention. Ultimately, you got to understand
• 1:16:14
  Speaker 7: that this space, like I said, is very volatile. You
• 1:16:17
  Speaker 7: don't just want to be buying things because you feel like,
• 1:16:19
  Speaker 7: oh my gosh, this is cheap and I can get
• 1:16:21
  Speaker 7: a million coins of this coin. You want to stay
• 1:16:23
  Speaker 7: away from that type of mindset. Focus on consistency, Focus
• 1:16:28
  Speaker 7: on yo, I want to do this for twenty thirty years.
• 1:16:31
  Speaker 7: I want to leave my kids big coin. I want
• 1:16:32
  Speaker 7: to leave my grandkids great grandkids. I want want them
• 1:16:36
  Speaker 7: to say, yo, I was you know, I was out
• 1:16:39
  Speaker 7: there working. So have that mindset when you're investing in
• 1:16:41
  Speaker 7: crypto space. Don't have the mindset of I'm gonna put
• 1:16:45
  Speaker 7: I'm gonna leverage my mortgage, I'm gonna pull out all
• 1:16:48
  Speaker 7: my savings, I'm gonna pull it all on Sheba. Like please,
• 1:16:50
  Speaker 7: don't have that attitude because all it takes is one
• 1:16:53
  Speaker 7: bad term for Sheba. And if you didn't learn it
• 1:16:55
  Speaker 7: on dodge coin and it happens on Sheba, you should
• 1:16:58
  Speaker 7: have learned your lesson the first time. She was going
• 1:17:00
  Speaker 7: crazy right now? Yes, but it ain't gonna go crazy forever.
• 1:17:03
  Speaker 7: And so that's all I wanted to say. I love
• 1:17:06
  Speaker 7: e y L. I appreciate e Yl for always having me.
• 1:17:10
  Speaker 7: You guys are honestly, this audience in this crowd is monstrous,
• 1:17:15
  Speaker 7: and yo, like I love it. So Troy Rashad, thanks
• 1:17:18
  Speaker 7: for having me.
• 1:17:18
  Speaker 8: My dog, he said that. That's all I got to say.
• 1:17:21
  Speaker 8: Standing ovation, man, Yo, round of applause for these two gentlemen.
• 1:17:25
  Speaker 3: Please stand in ovation. Never been done this real by
• 1:17:27
  Speaker 3: anybody ever on on on on this scale. That ever,
• 1:17:31
  Speaker 3: well that's a fact. But Yo, this this is this
• 1:17:34
  Speaker 3: is a like I said, we have a masterclass and man,
• 1:17:38
  Speaker 3: this level of information. How much would would institutions and
• 1:17:42
  Speaker 3: people pay pay for this? How many people? How much
• 1:17:44
  Speaker 3: would they charge for this? Like this is ivy League
• 1:17:47
  Speaker 3: level education for free. By the way, mind you, mind you,
• 1:17:53
  Speaker 3: it costs you nothing.
• 1:17:55
  Speaker 8: And I mean the two gentlemen obviously a brilliant and
• 1:18:00
  Speaker 8: we said, like, yo, just scale down the piece and
• 1:18:02
  Speaker 8: today had to pull back some of the information. So
• 1:18:04
  Speaker 8: that just tells you the wealth of nowe that these
• 1:18:05
  Speaker 8: two guys have incredible. It looks like when Shack and
• 1:18:08
  Speaker 8: Coley did forty and forty.
• 1:18:11
  Speaker 3: We're gonna go to Q and A. But before we
• 1:18:13
  Speaker 3: go into Q and A, we just want to make
• 1:18:14
  Speaker 3: an announcement alive. So if you just joined us, you
• 1:18:18
  Speaker 3: know that Alistair first gentleman. He's the president of our
• 1:18:21
  Speaker 3: Crypto club for ey University and Lawrence. He's twenty two
• 1:18:25
  Speaker 3: years old by the way, wiz Kid, we just signed him,
• 1:18:28
  Speaker 3: and he's a tenured professor. He's going to be teaching
• 1:18:31
  Speaker 3: a class for Eyle University every single month, and he
• 1:18:34
  Speaker 3: does not only he's.
• 1:18:35
  Speaker 5: Doing crypto today, but he usually does stop that's what
• 1:18:37
  Speaker 5: we're usually talking.
• 1:18:38
  Speaker 3: Yeah, so he does he does stocks and crypto, but
• 1:18:41
  Speaker 3: he usually does stocks. So he's tenured and he teaches
• 1:18:44
  Speaker 3: a class. He's going to teach a class for Eyo
• 1:18:46
  Speaker 3: University every every single month. Like I said, I mean,
• 1:18:48
  Speaker 3: you got to look at higher education, and there's no
• 1:18:51
  Speaker 3: higher education at Eyo University. So when you're looking at
• 1:18:54
  Speaker 3: Harvard for eighty thousand dollars a year, NYU for sixty
• 1:18:58
  Speaker 3: thousand dollars a year, you name it, Yale for seventy
• 1:19:02
  Speaker 3: two thousand dollars a year, Northwestern for sixty five thousand
• 1:19:06
  Speaker 3: dollars a year. EYL University seven hundred dollars a year,
• 1:19:10
  Speaker 3: never going to be that price of again. The price
• 1:19:12
  Speaker 3: is going up in two days, never going to be
• 1:19:14
  Speaker 3: this price ever again, never again, where nowhere in the world,
• 1:19:18
  Speaker 3: nowhere in the world, never never ever again. So yeah,
• 1:19:23
  Speaker 3: it's nothing to sell. You've seen, you've seen, You've seen
• 1:19:26
  Speaker 3: our work, and like I said, this is something that
• 1:19:28
  Speaker 3: we do every single week. We have clubs inside of
• 1:19:31
  Speaker 3: ey University. I do a financial planning call, Troy does
• 1:19:35
  Speaker 3: the book club, movie club, we have a Facebook group,
• 1:19:38
  Speaker 3: Matt does real estate. I mean, we've poured so much
• 1:19:41
  Speaker 3: and we have two full time employees, we have tenured professors,
• 1:19:45
  Speaker 3: and we're planning group activities this year. So yeah, I
• 1:19:49
  Speaker 3: mean ey University. When we say it's the biggest ever,
• 1:19:52
  Speaker 3: we're not just throwing that out there. It's actually we
• 1:19:55
  Speaker 3: actually put a lot of time into this, and we
• 1:19:57
  Speaker 3: formatted it and we have the correc people that's actually teaching,
• 1:20:02
  Speaker 3: and we've actually it's not as easy as it looks
• 1:20:05
  Speaker 3: to put together something like this, So.
• 1:20:06
  Speaker 8: I'm glad you said that. So I just want to
• 1:20:08
  Speaker 8: shout out to some of the people behind the scenes.
• 1:20:10
  Speaker 8: Shout out to Janet. She is the e y L
• 1:20:14
  Speaker 8: Ambassador President. She runs everything and shout out to our
• 1:20:17
  Speaker 8: new hire Madgie that we met today inside of the Chester,
• 1:20:20
  Speaker 8: Shout to Magi, Shout to all the women that help
• 1:20:22
  Speaker 8: and make.
• 1:20:22
  Speaker 4: Sure that e y L University is what it is.
• 1:20:24
  Speaker 3: And shout to all the club leaders. I wasn't able
• 1:20:26
  Speaker 3: to make that call with another call, but talk about women,
• 1:20:28
  Speaker 3: shout women leader, all the club leaders. So take advantage
• 1:20:32
  Speaker 3: of it, man, Like I said, you know, if you don't,
• 1:20:34
  Speaker 3: if you don't invest in your education, what are you
• 1:20:37
  Speaker 3: investing in? So go to EYO University dot com right now,
• 1:20:40
  Speaker 3: sign up. The link is Penneding YouTube. There's nobody has
• 1:20:44
  Speaker 3: ever offered this much value for this price point. Never,
• 1:20:46
  Speaker 3: It's never been done ever in history, never, nobody ever.
• 1:20:50
  Speaker 3: So let's get into some questions. This is another part
• 1:20:52
  Speaker 3: of the ey University experience where it's different from the podcast,
• 1:20:56
  Speaker 3: where people actually get to ask questions and and it's
• 1:21:00
  Speaker 3: an interactive experience.
• 1:21:02
  Speaker 5: So yes, let's get if we can.
• 1:21:06
  Speaker 4: Aaron, we're coming to you. I mute yourself. You've been muted.
• 1:21:08
  Speaker 4: What's going on?
• 1:21:11
  Speaker 9: Fellas doing very well?
• 1:21:15
  Speaker 4: First off?
• 1:21:15
  Speaker 5: I want to say.
• 1:21:17
  Speaker 9: Y'all both killed it tonight and Lawrence respectfully, you put
• 1:21:21
  Speaker 9: up a hot well, Chamberlain, My goodness, My goodness. So
• 1:21:29
  Speaker 9: I had a question about staking. I don't know which
• 1:21:34
  Speaker 9: of you would like to answer, but I have bt C,
• 1:21:39
  Speaker 9: E E T, h ady A and link. I'm staking
• 1:21:44
  Speaker 9: eighty a with red Panda shout out.
• 1:21:47
  Speaker 5: But I was looking to see.
• 1:21:49
  Speaker 9: I want to steak as much as possible because I'm
• 1:21:51
  Speaker 9: in them all long term, so it's not like I'm
• 1:21:53
  Speaker 9: going to be accessing them anytime soon. Is this something
• 1:21:56
  Speaker 9: where I'm having to get different wallets or use different
• 1:22:00
  Speaker 9: platforms to steak each or is there a way that
• 1:22:02
  Speaker 9: I'm able to consolidate, make it a little bit easier
• 1:22:07
  Speaker 9: and use one platform if that makes sense.
• 1:22:14
  Speaker 6: Sure I can. I can start up.
• 1:22:18
  Speaker 10: So right now you're stacking Ada with red Panda, and
• 1:22:22
  Speaker 10: you're probably doing that for either the your roy wallet
• 1:22:24
  Speaker 10: or the data list wallet. But there are some Yeah,
• 1:22:28
  Speaker 10: there are some platforms that allow you to steak on them, so,
• 1:22:33
  Speaker 10: like I know, Finance is one of them. That's if
• 1:22:36
  Speaker 10: you want to go decentralized route. But if you do
• 1:22:38
  Speaker 10: it the decentralized route, there are not many different platforms
• 1:22:45
  Speaker 10: that allow you to steak the same token. So for example,
• 1:22:48
  Speaker 10: you can't steak eth with the euroy wallet. Now, one
• 1:22:52
  Speaker 10: option if you do have ethan you want to steak
• 1:22:54
  Speaker 10: it is litle that's spelled l I d oh lito.
• 1:22:58
  Speaker 10: So that's one that I use when for staking eth.
• 1:23:01
  Speaker 10: Uh BTC bitcoin is not a proof of steak coin,
• 1:23:05
  Speaker 10: so you can't stake it. But another option if you
• 1:23:09
  Speaker 10: want to do this is you can actually use a
• 1:23:11
  Speaker 10: platform like block five and they will give you interest
• 1:23:14
  Speaker 10: on your bitcoin. And for link link there is no
• 1:23:19
  Speaker 10: staking on link at the moment. So that's uh, just
• 1:23:24
  Speaker 10: a little bit of information for you.
• 1:23:28
  Speaker 5: There.
• 1:23:28
  Speaker 4: You have it perfect.
• 1:23:29
  Speaker 5: Thank you so much.
• 1:23:30
  Speaker 4: I appreciate it. Thank I appreciate you.
• 1:23:32
  Speaker 5: Thank you, brother, appreciate you.
• 1:23:34
  Speaker 4: Proof of steak, proof of steak. You think it is
• 1:23:36
  Speaker 4: about to go to proof of steak.
• 1:23:37
  Speaker 3: Shout out to the good folks at by the Hood.
• 1:23:40
  Speaker 3: Those are my guys in Philly.
• 1:23:44
  Speaker 6: Shout out to them.
• 1:23:45
  Speaker 4: Leon, were coming to you. I mute yourself. You've been unmuted.
• 1:23:47
  Speaker 4: What's going on?
• 1:23:48
  Speaker 5: Shout to Daryl on a super chat. What's going on? Brother?
• 1:23:52
  Speaker 4: Everything good?
• 1:23:53
  Speaker 5: So what's you buoy coins? Say?
• 1:23:57
  Speaker 11: Whether it be bitcoin theory, car Donald, whatever, what do
• 1:24:03
  Speaker 11: y'all say, is the next steps or the next level that.
• 1:24:06
  Speaker 5: You should go to?
• 1:24:08
  Speaker 4: You said after you purchased coin.
• 1:24:11
  Speaker 8: Yeah, yeah, I mean I would say security, I'll like Lawrence.
• 1:24:16
  Speaker 7: Besides security, yeah, I would say, depending what the brother
• 1:24:24
  Speaker 7: just asked before, it is key if you do have
• 1:24:26
  Speaker 7: opportunity to steak, you can depending on what platform, if
• 1:24:29
  Speaker 7: there is ability for you to stake. I would say
• 1:24:32
  Speaker 7: that the answer I was going to give would be
• 1:24:35
  Speaker 7: the security security piece, okay, And then also having a
• 1:24:39
  Speaker 7: structured plan, which is something that I didn't get a
• 1:24:42
  Speaker 7: chance to touch on, but having an exit point, because
• 1:24:46
  Speaker 7: I think one of the biggest things that people don't
• 1:24:48
  Speaker 7: have is having an exit point. So people are like, Okay,
• 1:24:50
  Speaker 7: it's going to the moon, but you haven't taken any profit.
• 1:24:53
  Speaker 7: So scaling in and scaling out of the position for
• 1:24:56
  Speaker 7: me would be really key. To tell people. It's like
• 1:24:59
  Speaker 7: having a target price, like it might whatever that price
• 1:25:02
  Speaker 7: is in your head's gonna be different person to person.
• 1:25:04
  Speaker 7: But being willing to take profit, I would say, is
• 1:25:06
  Speaker 7: that that next piece and having a plan in place
• 1:25:10
  Speaker 7: to say, all right, this is where I'm looking to
• 1:25:12
  Speaker 7: take a little bit off the table. This is where
• 1:25:13
  Speaker 7: if it goes down, it might add because what happens
• 1:25:16
  Speaker 7: is so many times people are like, Okay, well I'll
• 1:25:18
  Speaker 7: put the money in, I'm just gonna wait for it
• 1:25:20
  Speaker 7: to appreciate, and then you get one hundred percent or
• 1:25:22
  Speaker 7: two hundred percent return. But then you have an exited
• 1:25:25
  Speaker 7: So I would say having a proper exit and an
• 1:25:29
  Speaker 7: entry pattern as well too if it does go to
• 1:25:31
  Speaker 7: the downside, where you might start dollar cost averaging. So
• 1:25:34
  Speaker 7: that's what I would say.
• 1:25:35
  Speaker 11: Now, how does that play into texts as far as
• 1:25:38
  Speaker 11: taking profit? As far as them you know the uh,
• 1:25:43
  Speaker 11: I guess I rs? Yeah, irs? How does that play
• 1:25:47
  Speaker 11: in today? That's why it's taking profit?
• 1:25:49
  Speaker 7: Yeah, So there's honestly it's a different person to person.
• 1:25:53
  Speaker 7: Of course, is going to depend on if it's a
• 1:25:55
  Speaker 7: short term more long term capital gains tax and that's
• 1:25:59
  Speaker 7: something that people need to be weary of when they
• 1:26:00
  Speaker 7: are trading out of these cryptos short term, and even
• 1:26:04
  Speaker 7: if you are transitioning from one crypto to another, that
• 1:26:08
  Speaker 7: is a taxable event. So when you're on coinbase and
• 1:26:11
  Speaker 7: you transfer from ethereum to bitcoin, that is a taxable event.
• 1:26:15
  Speaker 7: So you want to understand that as well too. And
• 1:26:18
  Speaker 7: I think that's one of the things that kind of
• 1:26:20
  Speaker 7: gets people a little bit confused on the tax side.
• 1:26:23
  Speaker 7: I would tell I always tell people I'm not a
• 1:26:25
  Speaker 7: tax professional, to go talk to your financial advisor and
• 1:26:28
  Speaker 7: your tax professional because they're going to give you more
• 1:26:31
  Speaker 7: information based upon your personal case. But I always tell
• 1:26:34
  Speaker 7: people to be mindful of that and please be sure
• 1:26:38
  Speaker 7: to put money aside when you do make money to
• 1:26:40
  Speaker 7: pay your taxes.
• 1:26:41
  Speaker 11: Yeah, that was my next question, since you put money
• 1:26:44
  Speaker 11: inside taxes.
• 1:26:46
  Speaker 7: Yeah, put money aside and pay your taxes. So that's
• 1:26:50
  Speaker 7: the first thing that you do with any investment, putting
• 1:26:52
  Speaker 7: money inside to pay your taxes. So that's going to
• 1:26:55
  Speaker 7: be key. Having a separate account for that savings account,
• 1:26:58
  Speaker 7: whatever you want to have for that. Pull that money
• 1:27:00
  Speaker 7: out and make sure that you have that aside to
• 1:27:03
  Speaker 7: pay your taxes at the end of the year, because
• 1:27:05
  Speaker 7: the irs will want that.
• 1:27:07
  Speaker 3: Leon appreciate you, bro, that's it all right, they gonna
• 1:27:11
  Speaker 3: want their money range sleep and snow.
• 1:27:13
  Speaker 8: The fact man, that goes for crypto and that goes
• 1:27:15
  Speaker 8: for the stock market as well. Man, make sure it's
• 1:27:18
  Speaker 8: cool to have gains, but make sure that if you
• 1:27:20
  Speaker 8: are taking profit, that you are aware that there will
• 1:27:23
  Speaker 8: be a penalty called tax right, So it's either going
• 1:27:27
  Speaker 8: to be short term, it's going to be long term.
• 1:27:28
  Speaker 4: The year in the day. We always tell people long term.
• 1:27:30
  Speaker 8: If you're going to hold an asset, make sure it's
• 1:27:32
  Speaker 8: the end of the day, so it's long term capital gain.
• 1:27:34
  Speaker 8: If you do anything under a year in the day,
• 1:27:36
  Speaker 8: it is short term capital gains.
• 1:27:38
  Speaker 6: Please add something to that as well. Yeah.
• 1:27:41
  Speaker 10: One strategy some people would use is they would actually
• 1:27:45
  Speaker 10: borrow against their assets so they won't have to sell
• 1:27:47
  Speaker 10: it and won't have to go through the taxable events.
• 1:27:50
  Speaker 10: So that's when strategy that I know a lot of
• 1:27:52
  Speaker 10: people use. I actually use that myself. Instead of selling
• 1:27:55
  Speaker 10: my bitcoin, I would borrow against it if I need
• 1:27:58
  Speaker 10: the cash for something, So that allows you to avoid
• 1:28:02
  Speaker 10: those those taxable events.
• 1:28:04
  Speaker 4: I know you talk about loaning out some of your coins.
• 1:28:08
  Speaker 4: Does that apply to that as well.
• 1:28:11
  Speaker 10: Uh no, if you loan your well, if you loan
• 1:28:13
  Speaker 10: your coins out and you get a interest on that,
• 1:28:17
  Speaker 10: I'm not gonna say yes or no. I got a
• 1:28:19
  Speaker 10: check in with my accountant first before I give any
• 1:28:21
  Speaker 10: But I know for borrowing against it, uh, you don't
• 1:28:25
  Speaker 10: go through that taxable event.
• 1:28:27
  Speaker 5: Let me ask you guys, both you guys.
• 1:28:29
  Speaker 3: For people that's just starting out and they you know,
• 1:28:31
  Speaker 3: they might not feel comfortable with the nano legend and
• 1:28:33
  Speaker 3: stuff like that. Coinbase is you know, an easy way,
• 1:28:36
  Speaker 3: do you are? Is it a good idea to have
• 1:28:39
  Speaker 3: your cryptocurrency held on Coinbase?
• 1:28:44
  Speaker 7: I say, I say no. And the reason why I
• 1:28:47
  Speaker 7: say no is I've seen it go wrong a lot
• 1:28:49
  Speaker 7: of times where people get locked locked out of their
• 1:28:53
  Speaker 7: their coin Base account, haven't been able to get back in.
• 1:28:57
  Speaker 7: Coinbase had a lot of issues in the past and
• 1:28:59
  Speaker 7: still does have a lot of issues. I tell people
• 1:29:04
  Speaker 7: it's always best to have it on your own device
• 1:29:06
  Speaker 7: for you to be able to control it. Coin Base
• 1:29:09
  Speaker 7: is just a means for you to exchange, so when
• 1:29:11
  Speaker 7: you're ready to purchase or you're ready to sell, you
• 1:29:13
  Speaker 7: can send it back to coinbased sell take your money,
• 1:29:16
  Speaker 7: or after you purchase Boom, you send it to the
• 1:29:18
  Speaker 7: ledger the store. And I just always want people to
• 1:29:21
  Speaker 7: be protected in the space because there is no one
• 1:29:23
  Speaker 7: to call when things go wrong. And that's my reasoning
• 1:29:26
  Speaker 7: behind me saying that.
• 1:29:29
  Speaker 10: Yeah, so the saying not your keys, not your cheese.
• 1:29:33
  Speaker 10: Shout out to Isaiah Jackson for that one, but yeah,
• 1:29:36
  Speaker 10: it's best not to keep your coins on an exchange.
• 1:29:38
  Speaker 10: But one thing I'm going to add is if you're
• 1:29:40
  Speaker 10: going to have your coins on a Ledger or something
• 1:29:44
  Speaker 10: like that, please because none of us have promised tomorrow,
• 1:29:48
  Speaker 10: so please make sure you have a plan just in
• 1:29:50
  Speaker 10: case you're not able to get to your coins. If
• 1:29:53
  Speaker 10: you have some loved ones that would you be able
• 1:29:56
  Speaker 10: to use those coins if for some reason you're no
• 1:29:58
  Speaker 10: longer able to, Like I've heard stories of people who
• 1:30:00
  Speaker 10: passed away and their family weren't able to get to
• 1:30:04
  Speaker 10: their assets. So if you're going to use a ledger
• 1:30:07
  Speaker 10: or something like that to store your assets, please have
• 1:30:10
  Speaker 10: a plan in place just in case, you know, something happens.
• 1:30:14
  Speaker 8: Yeah, yeah, yeah, Lawrence, it's still I mean, we had
• 1:30:16
  Speaker 8: the nano ledger in twenty seventeen. Is it still the
• 1:30:18
  Speaker 8: process with the ess and to ask where it's like
• 1:30:20
  Speaker 8: a twenty question code and another password that you got.
• 1:30:23
  Speaker 4: To go into it is same thing.
• 1:30:25
  Speaker 5: Yeah.
• 1:30:25
  Speaker 7: So it's still the same process with the with the
• 1:30:27
  Speaker 7: cold giving you the cold set up and the question
• 1:30:31
  Speaker 7: and the questions are that So it's the same process.
• 1:30:34
  Speaker 8: Yeah, And that's one of the things I did the
• 1:30:35
  Speaker 8: first thing I did was obviously create the code and
• 1:30:37
  Speaker 8: then took a picture of the actual twenty word password.
• 1:30:41
  Speaker 4: And then in the event and I'm glad I asked her.
• 1:30:44
  Speaker 8: You said that in the event that anything happens to me,
• 1:30:46
  Speaker 8: my loved ones had access to that, just in the
• 1:30:48
  Speaker 8: event that something happened to me, or you know, sometimes
• 1:30:50
  Speaker 8: you forget things and it's like, oh, I lost it.
• 1:30:52
  Speaker 4: You had to back up.
• 1:30:53
  Speaker 8: Some people put it in a safe deposit box as well,
• 1:30:55
  Speaker 8: so that that's another way you got the storage, and
• 1:30:57
  Speaker 8: now you have it locked inside storage.
• 1:31:00
  Speaker 4: Let's go to Let's go to Winston. Winston, we're coming
• 1:31:02
  Speaker 4: to you. I mute yourself. You've been unmuted. What's going on?
• 1:31:08
  Speaker 6: Good evening.
• 1:31:10
  Speaker 5: Yeah, you got locked Sure I can get it because
• 1:31:13
  Speaker 5: I had That's a fact.
• 1:31:15
  Speaker 4: That's what I got locked out of. I got locked
• 1:31:17
  Speaker 4: out of.
• 1:31:17
  Speaker 8: Finance and then I got in there and it was like,
• 1:31:19
  Speaker 8: you got three days to get all your assets off
• 1:31:21
  Speaker 8: this platform from the United States.
• 1:31:22
  Speaker 5: I'm like, what logged into coin base.
• 1:31:25
  Speaker 8: That's a whole nother time.
• 1:31:26
  Speaker 4: Winston, what's up, my guy?
• 1:31:29
  Speaker 5: Hey y'all.
• 1:31:29
  Speaker 12: I just want to say thank y'all. Troy Rashat thank
• 1:31:31
  Speaker 12: y'all for everything. Really appreciated Lawrence. Yeah you put up, Yeah,
• 1:31:36
  Speaker 12: you put up one hundred points tonight. Man the shoes
• 1:31:39
  Speaker 12: he was on fire. Is that the shoes and alistair
• 1:31:41
  Speaker 12: Man appreciate you. Thank you everything you're doing. I know
• 1:31:44
  Speaker 12: you didn't get to it tonight. I just wanted to
• 1:31:46
  Speaker 12: ask you about the dial situation and specifically with Wu
• 1:31:50
  Speaker 12: Tang and.
• 1:31:52
  Speaker 6: How that could be a benefit to our community in particular. Definitely.
• 1:31:57
  Speaker 10: So that's one thing we think as a collective, especially
• 1:32:01
  Speaker 10: of people who are looking to invest, is to really
• 1:32:04
  Speaker 10: look into dows and a doubt is a decentralized autonomous
• 1:32:07
  Speaker 10: organization and it's just a new way for people to
• 1:32:12
  Speaker 10: collectively come together and pool their money and invest.
• 1:32:16
  Speaker 6: And that's what that dow did.
• 1:32:18
  Speaker 10: They came together, well, this is a dow they invested in,
• 1:32:22
  Speaker 10: they invest in NFTs. But what they did is because
• 1:32:24
  Speaker 10: they have so much of their money pooled together, they
• 1:32:26
  Speaker 10: were able to go and buy that Wu Tang album
• 1:32:28
  Speaker 10: and now they own the Wu Tang album. But thats
• 1:32:31
  Speaker 10: are a very powerful concept because it's really all about
• 1:32:36
  Speaker 10: groups coming together and working together towards a goal. So
• 1:32:41
  Speaker 10: in the same way that Eyl does like we were
• 1:32:44
  Speaker 10: able to, you know, join EYL and start clubs like
• 1:32:48
  Speaker 10: you know, I founded the Crypto Club. There's also the
• 1:32:50
  Speaker 10: Real Estate Club. There's all these different clubs, but there's
• 1:32:53
  Speaker 10: this one focused goal of education and making sure that
• 1:32:57
  Speaker 10: each one can teach one. So DOWS allow for that
• 1:33:01
  Speaker 10: to happen in a way that was never before done.
• 1:33:05
  Speaker 10: So if so, definitely looking too DOWS. That's d a
• 1:33:09
  Speaker 10: O Decentralized Autonomous Organization.
• 1:33:15
  Speaker 7: O.
• 1:33:15
  Speaker 13: God, hey y'all see that. Okay, let's go, let's go
• 1:33:25
  Speaker 13: to let's go to carry carry.
• 1:33:26
  Speaker 4: What's going on? I mute yourself? You've been unmuted. What's
• 1:33:28
  Speaker 4: the deal. It's been a while since I done. Oh hey,
• 1:33:35
  Speaker 4: what's up?
• 1:33:36
  Speaker 7: I get to get to see you guys tonight.
• 1:33:38
  Speaker 5: I do have a question about Uh.
• 1:33:40
  Speaker 7: Crypto is very viola talent. It goes up and down rapidly.
• 1:33:44
  Speaker 7: Should we all be setting be setting stop losses when
• 1:33:48
  Speaker 7: the market is going up so that we don't lose
• 1:33:50
  Speaker 7: our investment.
• 1:33:52
  Speaker 12: Or should we be holding long for bitcoin and ethereum
• 1:33:55
  Speaker 12: and just riding the waves of the ups and downs?
• 1:34:00
  Speaker 6: Yeah?
• 1:34:00
  Speaker 7: I think I think one of the things that I
• 1:34:04
  Speaker 7: would say, honestly when it comes to like trading crypto,
• 1:34:08
  Speaker 7: it depends on what style you're using. If you're more
• 1:34:12
  Speaker 7: so trading someone who's technically sound, they may get in
• 1:34:15
  Speaker 7: and out based upon technical levels. I believe that everyone
• 1:34:19
  Speaker 7: should be long term, but I don't think everyone should
• 1:34:21
  Speaker 7: hold through fifty percent drops. I think that depending on
• 1:34:25
  Speaker 7: where you got in is going to determine your exit point.
• 1:34:28
  Speaker 7: I would say you want to be mindful of buying
• 1:34:31
  Speaker 7: near tops. You want to try to buy where you
• 1:34:33
  Speaker 7: see those five, ten, fifteen percent drop offs. And then
• 1:34:37
  Speaker 7: also you want to set price alerts. So bitcoins right
• 1:34:40
  Speaker 7: now is at fifty eight thousand, you might want to
• 1:34:42
  Speaker 7: set a fifty three thousand price alert because that might
• 1:34:45
  Speaker 7: be a voice huh.
• 1:34:48
  Speaker 4: I'm so ghad.
• 1:34:50
  Speaker 7: That might be a price that you might be interested
• 1:34:53
  Speaker 7: in purchasing bitcoin long term, So you want to have
• 1:34:56
  Speaker 7: your price alert said definitely, you want to be mindful
• 1:35:00
  Speaker 7: just to kind of get notified. One of the apps
• 1:35:02
  Speaker 7: that you can actually use to set your your price
• 1:35:04
  Speaker 7: alerts would be Yahoo Finance. You can also do that
• 1:35:08
  Speaker 7: on coinbase as well too. Bet it to notify you boom.
• 1:35:12
  Speaker 7: You know, as soon as that price hits it notifies
• 1:35:14
  Speaker 7: you and said your target prices, reach trading view if
• 1:35:17
  Speaker 7: you're using a trading view software, and it'll send you
• 1:35:20
  Speaker 7: those price alerts and those updates. Which is really really
• 1:35:23
  Speaker 7: key when it comes to investing in trading in a
• 1:35:25
  Speaker 7: cryptical space, is just staying up to date, like you said,
• 1:35:28
  Speaker 7: because it is a very volatile market, a lot of
• 1:35:30
  Speaker 7: things can happen and change overnight. Sometimes you can wake
• 1:35:33
  Speaker 7: up and you made a lot of money. Sometimes you
• 1:35:35
  Speaker 7: wake up and it's not looking so good. So that
• 1:35:38
  Speaker 7: would be what I would say.
• 1:35:39
  Speaker 4: All right, thank you for that, Thank you, appreciate you, Karin.
• 1:35:45
  Speaker 5: Yes, yes, yeah, let's try to get a few more.
• 1:35:49
  Speaker 4: Let's let's go to Deep Priced. We're coming to you.
• 1:35:52
  Speaker 4: I mute yourself, you've been unmuted. What's going on? Deep Price?
• 1:35:57
  Speaker 4: What's going on?
• 1:35:57
  Speaker 5: Fellas?
• 1:35:58
  Speaker 4: Everything? Great? How you?
• 1:35:59
  Speaker 5: How you? I'm good man.
• 1:36:00
  Speaker 4: I would just want to just give all y'all flowers.
• 1:36:02
  Speaker 7: Man.
• 1:36:02
  Speaker 14: I don't even really got no question. I've been in
• 1:36:05
  Speaker 14: the crypto game since twenty seventeen, so you know, salute
• 1:36:08
  Speaker 14: to you, Lawrence, and adas to everybody you know.
• 1:36:11
  Speaker 5: Uh are you are you in the crypto club? Are
• 1:36:14
  Speaker 5: you all university?
• 1:36:16
  Speaker 4: I don't think so.
• 1:36:17
  Speaker 7: My wife had joined.
• 1:36:18
  Speaker 8: So I'm just really just like you did the Netflix
• 1:36:21
  Speaker 8: b Hey, you know, hey.
• 1:36:26
  Speaker 10: But we're always looking for people to join. There's never
• 1:36:30
  Speaker 10: enough and there's never enough knowledge being shared. So like
• 1:36:32
  Speaker 10: if you can, you know, come through and just share
• 1:36:34
  Speaker 10: what you know. You've been in this since twenty seventeen,
• 1:36:37
  Speaker 10: so I'm sure you have some knowledge and some experience
• 1:36:39
  Speaker 10: that you can share with, you know, with some of
• 1:36:41
  Speaker 10: the other people in the club, and shout out to
• 1:36:43
  Speaker 10: Winston and Justin and Mika and Chelsea and Teddy and
• 1:36:48
  Speaker 10: everybody else in the club who's like being in here sharing. Yeah,
• 1:36:52
  Speaker 10: they're all in here and sharing and like helping me
• 1:36:55
  Speaker 10: do what I do every every Friday for the Crypto Club.
• 1:36:58
  Speaker 10: So shout out to them.
• 1:36:59
  Speaker 5: How did they? How do they? How do they join
• 1:37:01
  Speaker 5: the Crypto Club? Well that's a question.
• 1:37:03
  Speaker 3: You know, it's ten thousand people in Euy University, so
• 1:37:06
  Speaker 3: everybody might not be we do orientation, but if anybody
• 1:37:09
  Speaker 3: ask any Euy University you can think about joining.
• 1:37:11
  Speaker 5: How do they? How do they join the Crypto Club?
• 1:37:13
  Speaker 5: Once the inside at UI University.
• 1:37:15
  Speaker 10: So once you're inside, you'll get a link to the
• 1:37:18
  Speaker 10: telegram and then you'll be able to join the Telegram,
• 1:37:20
  Speaker 10: but we are moving to Discord because we have a
• 1:37:23
  Speaker 10: lot more power in terms of controlling, in terms of
• 1:37:28
  Speaker 10: even just in terms of functionality, like when we move
• 1:37:30
  Speaker 10: to Discord, we'll have private calls for uh for our
• 1:37:35
  Speaker 10: crypto club, and but in terms of joining, just when
• 1:37:40
  Speaker 10: you're on the Facebook group, reach out to me, reach
• 1:37:43
  Speaker 10: out to Justin, reach out to Mika, and then we'll
• 1:37:44
  Speaker 10: give you the link to the telegram channel so you
• 1:37:47
  Speaker 10: can join.
• 1:37:48
  Speaker 4: Then things that go out.
• 1:37:50
  Speaker 14: Yeah, I did want to say I am on Voyager.
• 1:37:52
  Speaker 14: I keep a certain amount on Voyager because they do
• 1:37:54
  Speaker 14: offer like a monthly interest payment. The majority of my
• 1:37:57
  Speaker 14: coins are on a nan A ledger, So if anybody
• 1:38:01
  Speaker 14: is interested in that, feel free to you know, go
• 1:38:03
  Speaker 14: to Voyager and look it up. I know Lawrence had
• 1:38:05
  Speaker 14: mentioned that it's one of the ones on the platform.
• 1:38:08
  Speaker 14: Also Troy, Man, let's get this, Jordan one of them.
• 1:38:10
  Speaker 4: Man ah yeah, yeah, yeah, I just I just saw
• 1:38:13
  Speaker 4: my DM Yeah yeah, he saw what I had up
• 1:38:16
  Speaker 4: there on Monday.
• 1:38:16
  Speaker 6: Right.
• 1:38:17
  Speaker 7: Well, you know, man, let me know, Man, I'm in
• 1:38:21
  Speaker 7: a d and hit me up.
• 1:38:22
  Speaker 8: I got a colorway I have in mind. I got you,
• 1:38:25
  Speaker 8: I got you for real, all right, bro, all right,
• 1:38:30
  Speaker 8: it always comes back to sneakers. It always comes back. Yeah,
• 1:38:33
  Speaker 8: real quick, because I want I want to talk really
• 1:38:36
  Speaker 8: quickly about that ethereum two point zero because we looked
• 1:38:39
  Speaker 8: at the stock of floe for bitcoin, and when people
• 1:38:42
  Speaker 8: say we can see it get to one hundred thousand,
• 1:38:43
  Speaker 8: you literally showed us why people are saying that. Are
• 1:38:47
  Speaker 8: you comfortable saying where you think etherium can go after
• 1:38:50
  Speaker 8: the two point oh was lunch?
• 1:38:54
  Speaker 10: Am I comfortable saying that I'll take at least ten thousand?
• 1:39:00
  Speaker 10: That's where I would put it at at least ten thousand,
• 1:39:02
  Speaker 10: And that's me being I'm saying back in a little bit,
• 1:39:06
  Speaker 10: I think it can go. Look, but I'm saying ten
• 1:39:08
  Speaker 10: thousand just to be on the safe side.
• 1:39:11
  Speaker 4: Long so are we're thinking ten thousand?
• 1:39:15
  Speaker 7: I was talking to Jamal the other day and we
• 1:39:18
  Speaker 7: was talking about that, and I could see it going
• 1:39:21
  Speaker 7: to ten thousand. I know that some analysts got that
• 1:39:24
  Speaker 7: price target. I think with ethereum two point zero, I
• 1:39:27
  Speaker 7: could see it going to ten thousand. It's still very early.
• 1:39:31
  Speaker 7: The circulating supply, like I said, only one hundred and
• 1:39:34
  Speaker 7: eighteen million, and crypto is still new. Guys, there's not
• 1:39:39
  Speaker 7: a lot of people in this space, as much as
• 1:39:41
  Speaker 7: like people may think it's talked about a lot now,
• 1:39:44
  Speaker 7: but this is still a baby, like, this is still
• 1:39:47
  Speaker 7: a newborn baby space. As much as we've seen the
• 1:39:50
  Speaker 7: price of bigcoin grow and appreciate and ethereum, Ethereum is
• 1:39:55
  Speaker 7: just getting started. So I could see that's my price
• 1:39:58
  Speaker 7: target over the next two to three years is ten thousand.
• 1:40:01
  Speaker 3: Oh, let's do this. Before we get to the one
• 1:40:03
  Speaker 3: last question. I want to talk about EU University again,
• 1:40:06
  Speaker 3: but I don't want to talk about it. I want
• 1:40:07
  Speaker 3: to actually ask you guys because Alistair, first and foremost,
• 1:40:11
  Speaker 3: thank you for your service. You're pioneered and you're the
• 1:40:13
  Speaker 3: president of Crypto Club. So can you just explain explain
• 1:40:16
  Speaker 3: the Crypto Club? Because the Crypto Club is inside of
• 1:40:19
  Speaker 3: Eyo University and it's something that you know has become,
• 1:40:22
  Speaker 3: you know, something that is very very valuable for Eyo University.
• 1:40:26
  Speaker 3: But can you just you know, explain it a couple
• 1:40:28
  Speaker 3: of minutes, Like, what is the Crypto Club?
• 1:40:30
  Speaker 5: What do you guys do? How often do you meet
• 1:40:32
  Speaker 5: all of that stuff?
• 1:40:34
  Speaker 6: Yeah?
• 1:40:34
  Speaker 10: Sure, so yeah, and this is the power of Like
• 1:40:38
  Speaker 10: I raised my hand and said yeah, I want to
• 1:40:40
  Speaker 10: I want to start the Crypto Club, and you guys said, yeah,
• 1:40:42
  Speaker 10: go ahead. So we've been doing this since February and
• 1:40:46
  Speaker 10: we have calls every first and third Friday where we
• 1:40:50
  Speaker 10: go over news, we go over different topics, we talk
• 1:40:55
  Speaker 10: about different strategies. So we talked about differentategies that you
• 1:41:00
  Speaker 10: can use in D five. We talked about NFTs, different
• 1:41:03
  Speaker 10: NFT platforms, different NFT research topics. We also do collaborations
• 1:41:08
  Speaker 10: with other clubs. We actually did a collaboration with the
• 1:41:10
  Speaker 10: Real Estate Club and that was that one was fire
• 1:41:14
  Speaker 10: because we really went deep into different UH strategies for
• 1:41:18
  Speaker 10: you know, using your crypto assets to to you know,
• 1:41:22
  Speaker 10: earn a return and put that return into real estate
• 1:41:24
  Speaker 10: so and then even and so the goal of the
• 1:41:27
  Speaker 10: club really is to educate people about the usage of
• 1:41:32
  Speaker 10: crypto and how they can benefit from it, and to
• 1:41:34
  Speaker 10: also give a spotlight to some entrepreneurs who are in cryptos.
• 1:41:38
  Speaker 10: So we've had a couple of guests, and we've had
• 1:41:40
  Speaker 10: Chad Copeland who's been on our show, who's doing some
• 1:41:44
  Speaker 10: big things in terms of education. We've had my brother
• 1:41:47
  Speaker 10: Vernon Jay, who's doing some great things when it comes
• 1:41:50
  Speaker 10: to combining crypto and real estate like tokenizing uh real
• 1:41:54
  Speaker 10: estate assets. And we also we also have a couple
• 1:41:59
  Speaker 10: of other guests coming on. We have eric An from
• 1:42:01
  Speaker 10: Audacity Fund, which is a black VC crypto fund, so
• 1:42:06
  Speaker 10: they're investing in black entrepreneurs who are doing things in crypto.
• 1:42:11
  Speaker 10: So yeah, it's all about education and just giving a
• 1:42:14
  Speaker 10: spotlight two people and yeah, like this, that's pretty much
• 1:42:18
  Speaker 10: the Crypto Club. So you know, check it out, join
• 1:42:21
  Speaker 10: and if you want to contribute, if you want to
• 1:42:23
  Speaker 10: build it out, if you have some ideas on where
• 1:42:25
  Speaker 10: we could take it, or we're open to hearing those ideas. Yeah,
• 1:42:30
  Speaker 10: that's that's pretty much it.
• 1:42:31
  Speaker 8: Hey, Alison, they said, don't forget about the special NFT
• 1:42:34
  Speaker 8: drops that y'all do.
• 1:42:37
  Speaker 10: The NFT drop so yeah, definitely. So one thing we've
• 1:42:41
  Speaker 10: done in the past is we've given out free NFTs
• 1:42:44
  Speaker 10: to people who may have never had a wallet in
• 1:42:48
  Speaker 10: the first place, but this was their first for rate
• 1:42:51
  Speaker 10: into crypto. So we said, you know, we're going to
• 1:42:53
  Speaker 10: give you an NFT for joining us for a specific session.
• 1:42:58
  Speaker 10: We're actually we're actually going to give away an NFT
• 1:43:01
  Speaker 10: tonight as well. So if you're tuned in, if you're
• 1:43:05
  Speaker 10: tuned in breaking tuned in. Yeah, So if you're in
• 1:43:08
  Speaker 10: the chats right now, we have Justin in the chat,
• 1:43:11
  Speaker 10: we have Winston in the chat, please reach out to them,
• 1:43:13
  Speaker 10: and then we're going to get you your special POE
• 1:43:16
  Speaker 10: app NFT proof of attention to show that you were here,
• 1:43:19
  Speaker 10: you're with us tonight.
• 1:43:20
  Speaker 6: So yeah, definitely. So now we do a lot of different.
• 1:43:24
  Speaker 5: Things, that's the thing.
• 1:43:25
  Speaker 3: And it's like, you know, no matter how good of
• 1:43:27
  Speaker 3: a presentation you can give, you're not gonna be able
• 1:43:30
  Speaker 3: to learn everything about cryptocurrency in two hours. But the
• 1:43:32
  Speaker 3: whole point of it is, you know, you start to
• 1:43:35
  Speaker 3: learn it. It's like a foreign language. You can't learn
• 1:43:37
  Speaker 3: Spanish with just one masterclass, but you know, you can
• 1:43:41
  Speaker 3: learn it if you take two classes a week or
• 1:43:43
  Speaker 3: one class a week, or you start to familiarize yourself.
• 1:43:46
  Speaker 3: So the whole point of EYL is to get you
• 1:43:49
  Speaker 3: on the path of learning. And that's whether you you know,
• 1:43:54
  Speaker 3: go through the rabbit hole of YouTube or Instagram or whatever,
• 1:43:57
  Speaker 3: you just learn, most importantly, just learn eyo Versity school
• 1:44:00
  Speaker 3: was just created just as an accelerated program.
• 1:44:03
  Speaker 5: So I like to look at it like we have
• 1:44:04
  Speaker 5: public school in private school, public school.
• 1:44:07
  Speaker 3: You know, nobody has ever given out as much free
• 1:44:09
  Speaker 3: information as we do every single day on the public
• 1:44:12
  Speaker 3: school side.
• 1:44:13
  Speaker 5: And that's for anybody.
• 1:44:14
  Speaker 3: You can watch Market Mondays, you can listen to our podcast,
• 1:44:17
  Speaker 3: you can check our Instagram grants and gym podcasts, you
• 1:44:20
  Speaker 3: know ash Cash podcast. But some people need, you know,
• 1:44:25
  Speaker 3: a more specialized education, which is private school and that's
• 1:44:29
  Speaker 3: Eyo University. And this is something that you know, we
• 1:44:31
  Speaker 3: have the crypto clubs and you know, we have meetups
• 1:44:34
  Speaker 3: and we have different things that you know, get to
• 1:44:36
  Speaker 3: ask questions and stuff like that. So that was the
• 1:44:39
  Speaker 3: idea of the education no check, no no person will
• 1:44:42
  Speaker 3: be left behind. Even if you you know you're not
• 1:44:44
  Speaker 3: able to afford it, you know, we still we still
• 1:44:46
  Speaker 3: going to provide your information in this public school. But
• 1:44:49
  Speaker 3: you know, some people just want to accelerate their their
• 1:44:51
  Speaker 3: learning curve and that's the private school out But there's
• 1:44:53
  Speaker 3: no private school that costs seven hundred dollars for the year.
• 1:44:56
  Speaker 3: I tell you that much because I went to private school.
• 1:44:59
  Speaker 3: So yeah, so you know this is something that you know,
• 1:45:05
  Speaker 3: you know, we uh and we and we like to
• 1:45:09
  Speaker 3: promote from within. So like Janet, if you watch market. Mondays,
• 1:45:12
  Speaker 3: you know Janet. Everybody knows the story with that. Janet
• 1:45:15
  Speaker 3: was somebody that was a paid member of Eyle University
• 1:45:17
  Speaker 3: and she had a great job at Fidelity. She was
• 1:45:20
  Speaker 3: making a lot of money at Fidelity, and we just
• 1:45:22
  Speaker 3: sort of value in her and we paid more than
• 1:45:25
  Speaker 3: Fidelity was paying her, and we brought her in as
• 1:45:28
  Speaker 3: you know, the person that's really running Eyo.
• 1:45:30
  Speaker 5: University these days now.
• 1:45:31
  Speaker 4: She loves what she does.
• 1:45:33
  Speaker 3: Yeah, and she needed help because it became overwhelming. So
• 1:45:35
  Speaker 3: then we hired another another black woman that was Eyle
• 1:45:39
  Speaker 3: University member.
• 1:45:40
  Speaker 5: We hired her.
• 1:45:42
  Speaker 3: Shout out to her and then so yeah, like Alistair,
• 1:45:45
  Speaker 3: he just was showing a lot of promise and was like,
• 1:45:47
  Speaker 3: y'all want to start the Crypto club. So it's like,
• 1:45:49
  Speaker 3: all right, instead of getting somebody from the outside to
• 1:45:52
  Speaker 3: start the crypto club, why not that? And then it's like,
• 1:45:54
  Speaker 3: you know, we have a huge platform. So today over
• 1:45:57
  Speaker 3: fifty seven hundred people was watching this on YouTube. We
• 1:45:59
  Speaker 3: probably get like sixty thousand views in a week. And
• 1:46:02
  Speaker 3: it's like, all right, this is an opportunity where they
• 1:46:04
  Speaker 3: can actually you know, get their voice out and be
• 1:46:08
  Speaker 3: heard on a on a on a world level and
• 1:46:10
  Speaker 3: you should definitely follow these gentlemen on Instagram. And you know,
• 1:46:14
  Speaker 3: so that's how we really, that's how we've always done
• 1:46:17
  Speaker 3: is like groople economics, and it's like we've done that
• 1:46:19
  Speaker 3: from day one. We've helped a lot of people, you know,
• 1:46:22
  Speaker 3: build their platforms, and we've hired a lot of people,
• 1:46:24
  Speaker 3: and we you know, pay people for their services, whether
• 1:46:27
  Speaker 3: it's the people that do flyers for us, our videographers, everybody.
• 1:46:31
  Speaker 3: You know, a lot of times people don't fully understand that,
• 1:46:33
  Speaker 3: like it's a business. It's not just like, you know,
• 1:46:35
  Speaker 3: we just get up here and just start rambling, Like
• 1:46:37
  Speaker 3: it's a business that's actually thought about. And ninety percent
• 1:46:40
  Speaker 3: of the people that we actually work with and hire
• 1:46:42
  Speaker 3: and promote and we you know, give opportunities to and
• 1:46:44
  Speaker 3: give voices to our black people that would not have
• 1:46:49
  Speaker 3: opportunity to have their voice heard. Before this, there was
• 1:46:52
  Speaker 3: no there was no outlet that was given black people
• 1:46:55
  Speaker 3: a voice to speak unless unless they were, you know,
• 1:46:58
  Speaker 3: was on CNBC. And like how many people can do that,
• 1:47:01
  Speaker 3: maybe one or two and you have to have you know,
• 1:47:03
  Speaker 3: an Ivy League degree, you got to work for a
• 1:47:05
  Speaker 3: hedge fund. We're not saying none of that. You know,
• 1:47:07
  Speaker 3: if you can speak and you know the information, it
• 1:47:11
  Speaker 3: doesn't matter where you went to school. It doesn't matter
• 1:47:12
  Speaker 3: if you went to school. That doesn't matter. That stops people.
• 1:47:15
  Speaker 3: A lot of times, you know, there's barriers of injury
• 1:47:18
  Speaker 3: that stops people. But we created a platform where we
• 1:47:21
  Speaker 3: can do whatever we want to do, so we don't
• 1:47:23
  Speaker 3: have to answer to anybody. So you know, this, this
• 1:47:25
  Speaker 3: institution that we've created has given the opportunity for people
• 1:47:29
  Speaker 3: to spread their voice all over the world. Were going
• 1:47:32
  Speaker 3: to Africa tomorrow and you know when we started on
• 1:47:34
  Speaker 3: your Leisia, we started it in my office first and
• 1:47:37
  Speaker 3: Den Troy's dining room with iPhones, and we was as
• 1:47:40
  Speaker 3: local as you know, a half a mile radius. And
• 1:47:44
  Speaker 3: now you know, we going to Africa and we got
• 1:47:47
  Speaker 3: you know, strong support in Nigeria, a second biggest market
• 1:47:50
  Speaker 3: outside of America. We're going to Egypt doing a networking
• 1:47:53
  Speaker 3: event at the top of the rich Carlton. I say
• 1:47:55
  Speaker 3: that to say like, it's just a level of inspiration
• 1:47:58
  Speaker 3: and motivation I think that everybody can off from because
• 1:48:01
  Speaker 3: you know, we just regular people. We didn't have any
• 1:48:04
  Speaker 3: any special advantage. I was working in finance. Troy was
• 1:48:08
  Speaker 3: a gym teacher, So you know, if that's like, you
• 1:48:13
  Speaker 3: know what I'm saying, If if we can, if we
• 1:48:15
  Speaker 3: can do this and become the top business platform in
• 1:48:18
  Speaker 3: the world, anybody can do it. So I say that
• 1:48:22
  Speaker 3: to say eyl University. Eyo University is something that we're
• 1:48:27
  Speaker 3: extremely proud about.
• 1:48:29
  Speaker 5: So you know, join.
• 1:48:30
  Speaker 3: We want to see everybody. Everybody joined Eyo University. We
• 1:48:34
  Speaker 3: got the flash sale running. It's seven hundred dollars for
• 1:48:36
  Speaker 3: the year. It's a yearly subscription seven hundred, but once
• 1:48:40
  Speaker 3: you get in, you're locked into that rate no matter
• 1:48:41
  Speaker 3: how much. It started at ninety nine dollars, so it's
• 1:48:45
  Speaker 3: like a stock. It keeps going up in price. But
• 1:48:47
  Speaker 3: once whatever price here, some people pay ninety nine dollars
• 1:48:49
  Speaker 3: still a year, and they'll pay ninety nine dollars forever.
• 1:48:52
  Speaker 3: So you know, you lock your membership in, you get
• 1:48:55
  Speaker 3: all of the access, you get discounts to invest fast,
• 1:48:57
  Speaker 3: all of that stuff.
• 1:48:58
  Speaker 5: So you know, we love to see you.
• 1:48:59
  Speaker 3: Go to eyuniversity dot com, click the link in the description,
• 1:49:03
  Speaker 3: click the link on YouTube and check us out.
• 1:49:05
  Speaker 8: Yeah, I just want to add to this man because
• 1:49:08
  Speaker 8: I want to thank these two gentlemen, Alis, there has
• 1:49:10
  Speaker 8: been incredible to watch your ascension from being in our
• 1:49:13
  Speaker 8: book club was our original club. But I also want
• 1:49:15
  Speaker 8: to talk about Lawrence because when we met in Atlanta,
• 1:49:18
  Speaker 8: he came to pull up on us at our Revolt meetup,
• 1:49:21
  Speaker 8: and one of the things I said with him was, look, yeah,
• 1:49:24
  Speaker 8: you're twenty two, but without people like us building a platform,
• 1:49:28
  Speaker 8: where would you be able to shine? And I just
• 1:49:30
  Speaker 8: want to just tell him, like I told him that
• 1:49:32
  Speaker 8: public publicly, but I want to say it to everybody
• 1:49:34
  Speaker 8: because there's another kid who might be fifteen sixteen right
• 1:49:36
  Speaker 8: now who now has an outlet to be brilliant and
• 1:49:39
  Speaker 8: he's not playing sports and he doesn't wrap, and there's
• 1:49:42
  Speaker 8: nothing wrong with that, But there are other people out
• 1:49:45
  Speaker 8: here that have brilliant and have a brilliant mind and
• 1:49:48
  Speaker 8: have no platforms or no way to share it or
• 1:49:50
  Speaker 8: even hide it, right they even hide it least no
• 1:49:53
  Speaker 8: platform to explain it. And so like I want to
• 1:49:56
  Speaker 8: encourage you. Yeah, you see a twenty two year old prodigy,
• 1:50:00
  Speaker 8: but there's a twenty two year old prodigy that's in
• 1:50:03
  Speaker 8: our YouTube. There's a fifteen year old one. There's a
• 1:50:05
  Speaker 8: fourteen year old prodigy right now, and so I encourage
• 1:50:08
  Speaker 8: you to be a part of a community that highlights you,
• 1:50:10
  Speaker 8: that celebrates you, and that encourage you to be great.
• 1:50:13
  Speaker 8: And so that's what we've built here and we're very
• 1:50:15
  Speaker 8: proud of that. And to see people that look like
• 1:50:18
  Speaker 8: us talking at this level right that was one of
• 1:50:20
  Speaker 8: the things I took from Jamaica was they said, look,
• 1:50:23
  Speaker 8: we've never seen black man talk like that. We've never
• 1:50:25
  Speaker 8: seen somebody with so much intellience talk like that. I'm like, Yo,
• 1:50:28
  Speaker 8: there's a whole gang of people around us that are
• 1:50:30
  Speaker 8: talking like that. And so welcome to the family that
• 1:50:32
  Speaker 8: everybody that's joining and everybody that's watching on YouTube. Man,
• 1:50:35
  Speaker 8: welcome to the family. Because y'all family, y'all know, y'all
• 1:50:37
  Speaker 8: here with us on market mondays, y'all here with us now.
• 1:50:40
  Speaker 4: So we love y'all.
• 1:50:40
  Speaker 5: Y'all know that love is love, rest in peace in
• 1:50:42
  Speaker 5: it man.
• 1:50:43
  Speaker 3: That's what he said. He said, Young geenis trap. Just
• 1:50:45
  Speaker 3: can't they left them no platforms? They explain it, so
• 1:50:49
  Speaker 3: you get frustrated. And that's a deep line. People think
• 1:50:52
  Speaker 3: about it, like you know, but the key way he
• 1:50:55
  Speaker 3: said is they they left him no platform. So we're
• 1:50:58
  Speaker 3: not asking for no handouts. We just created our own
• 1:51:00
  Speaker 3: platform and uh so that was really dope when we
• 1:51:03
  Speaker 3: when we linked up with Steve O, who is one
• 1:51:05
  Speaker 3: of Nipsey hust Who's best friends, and he said, he said,
• 1:51:08
  Speaker 3: I wish I wish nip was here. I wish he
• 1:51:10
  Speaker 3: was here to see y'all because he would really love y'all.
• 1:51:13
  Speaker 3: That's that's the worst that he said out of his mouth.
• 1:51:15
  Speaker 3: So the marathon will continue. The marathon will will continue.
• 1:51:19
  Speaker 3: Thank you, gentlemen for stellar presentation. Please let them know
• 1:51:22
  Speaker 3: how to follow you on social media please.
• 1:51:27
  Speaker 10: So you can find me on Instagram at Alistair McKenzie
• 1:51:31
  Speaker 10: dot eth. That's Alistair a l l I s t
• 1:51:35
  Speaker 10: e R McKenzie m c k e n z i
• 1:51:38
  Speaker 10: E dot e t h on Instagram, and I'm on
• 1:51:42
  Speaker 10: Twitter at Alistair don.
• 1:51:47
  Speaker 7: Yes, and you can find me as well on Instagram
• 1:51:49
  Speaker 7: at mister Lawrence dot e m r l a w
• 1:51:53
  Speaker 7: r e n c E dot e. So Lawrence Egleston
• 1:51:58
  Speaker 7: is my name on there. You can find me at
• 1:52:00
  Speaker 7: that same act name on Twitter as well. So thank
• 1:52:03
  Speaker 7: you for having me big time. Shout out to e
• 1:52:06
  Speaker 7: y l You guys always turn up every time I
• 1:52:09
  Speaker 7: come on here, Troy, I told Troy, like, man like
• 1:52:13
  Speaker 7: I love to be on here. It's just like a
• 1:52:15
  Speaker 7: different type energy and feeling. So for me, it's like
• 1:52:18
  Speaker 7: today was like a big day for me my grandfather
• 1:52:22
  Speaker 7: passed away. Yes, I appreciate that. It's just like rejuvenating
• 1:52:29
  Speaker 7: to get on here and just kind of feel this
• 1:52:31
  Speaker 7: energy just uplifts your spirit. And this is like, you
• 1:52:34
  Speaker 7: know what I do it for. I'm passionate about teaching people.
• 1:52:37
  Speaker 7: I'm passionate about our people because I know the more
• 1:52:40
  Speaker 7: that we get this information, we start changing our reality
• 1:52:44
  Speaker 7: and we start changing our lives collectively. And this is
• 1:52:46
  Speaker 7: a game where all of us can win, so it's
• 1:52:48
  Speaker 7: no competition. Honestly, two heads work better than one and
• 1:52:52
  Speaker 7: that's the way we need to be thinking. We need
• 1:52:54
  Speaker 7: to be thinking, boom, how can we work together to
• 1:52:57
  Speaker 7: create a system to be able to effectively go out
• 1:52:59
  Speaker 7: here and at these markets.
• 1:53:00
  Speaker 6: And that's what it's about.
• 1:53:01
  Speaker 7: So thanks for having me appreciate you as always for.
• 1:53:04
  Speaker 3: Sure, and yeah, definitely want to extend our condolences. You know,
• 1:53:08
  Speaker 3: that was that was great. I was Goanna, I was
• 1:53:10
  Speaker 3: going to tell you, like, you know, if you wasn't
• 1:53:11
  Speaker 3: up to I know you went to you went to
• 1:53:12
  Speaker 3: the funeral today, so you know, not only did he
• 1:53:15
  Speaker 3: put up an amazing performance, but you know you also
• 1:53:17
  Speaker 3: went to his grandfather's funeral today, so you know, definitely
• 1:53:20
  Speaker 3: got you and your family and prayers. Send send our
• 1:53:23
  Speaker 3: condolences to you and your family, and thank you, brother.
• 1:53:26
  Speaker 3: I appreciate it and I'm looking forward to do stuff
• 1:53:29
  Speaker 3: with both of you gentlemen in the future. Man, both
• 1:53:32
  Speaker 3: of you gentlemen, thank you for you know, sacrificing your
• 1:53:35
  Speaker 3: time to educate the people and most importantly people, make
• 1:53:39
  Speaker 3: sure that you you retain this information.
• 1:53:42
  Speaker 14: Learn.
• 1:53:42
  Speaker 3: Like I said, this is something that is just it's
• 1:53:44
  Speaker 3: one part of your learning journey. Continue to learn, continue
• 1:53:47
  Speaker 3: to educate yourself. Read as much as possible, learn as
• 1:53:51
  Speaker 3: much as possible because cryptocurrency is something that is extremely
• 1:53:55
  Speaker 3: important and we don't want to get left behind. Like
• 1:53:56
  Speaker 3: I said, this is still the beginning stages, meaning that
• 1:53:59
  Speaker 3: there's still a lot more room to grow. But it's
• 1:54:01
  Speaker 3: not a get rich quick scheme. We're not here to
• 1:54:03
  Speaker 3: tell you like do this and get rich quick. We
• 1:54:05
  Speaker 3: really want to educate you and really want to, you know,
• 1:54:08
  Speaker 3: help you. Actually you know, provide for your family and
• 1:54:10
  Speaker 3: provide for yourself. So you know, take your education serious,
• 1:54:14
  Speaker 3: keep educating yourself, keep learning, and keep sharing the information
• 1:54:18
  Speaker 3: when you when you get it, share the information with
• 1:54:19
  Speaker 3: somebody else.
• 1:54:20
  Speaker 5: And that's how we grow.
• 1:54:21
  Speaker 4: Get some game, give it to the get it right back.
• 1:54:22
  Speaker 3: Yeah you know, yes so and this also will be
• 1:54:25
  Speaker 3: on podcast outlets on Friday. So yeah, tap in with.
• 1:54:29
  Speaker 5: Us in Nigeria.
• 1:54:30
  Speaker 4: Yeah. Oh wait wait wait, we on the way. Happy
• 1:54:33
  Speaker 4: birthday to my pops.
• 1:54:34
  Speaker 8: Your happy birthday to mister milit Tar seventy four. You
• 1:54:36
  Speaker 8: upstairsy and cake right now, so happy birthday, birthday, celebrate life.
• 1:54:40
  Speaker 8: We can celebrate that. Man, We're gonna remember the good
• 1:54:42
  Speaker 8: times of everybody that we had. That's why we always
• 1:54:44
  Speaker 8: say reach out. Hit somebody up, call somebody, text somebody.
• 1:54:48
  Speaker 8: You never know what one conversation you can do to
• 1:54:49
  Speaker 8: the trajectory of somebody's day or life.
• 1:54:52
  Speaker 11: Man.
• 1:54:53
  Speaker 4: So more life, more love, man, love is love.
• 1:54:55
  Speaker 5: Yes, Nigeria, we on the way.
• 1:54:57
  Speaker 4: But that's this morning. We got a player. Catch.
• 1:55:02
  Speaker 5: We headed to the motherland.
• 1:55:03
  Speaker 11: Yo.
• 1:55:03
  Speaker 4: The whole team is with us. Man, travel mercies on
• 1:55:06
  Speaker 4: us all man.
• 1:55:07
  Speaker 5: We're going to Africa seeing belly.
• 1:55:09
  Speaker 8: We're going home, y'all. We're going home, and we're gonna
• 1:55:11
  Speaker 8: put on and make sure that the word get spread. Because,
• 1:55:14
  Speaker 8: like we said, financial literacy isn't an American issue. It's
• 1:55:16
  Speaker 8: a world issue, and so we want to be the
• 1:55:18
  Speaker 8: pioneers of that.
• 1:55:19
  Speaker 4: So we're gonna, we're.
• 1:55:20
  Speaker 3: Gonna, we're gonna spread the gospel financial literacy. We're gonna
• 1:55:22
  Speaker 3: do what we do in the motherland. We're going to
• 1:55:24
  Speaker 3: the motherland and spread the good financial missionaries. Financial missionaries.
• 1:55:27
  Speaker 3: I like that missionary.
• 1:55:29
  Speaker 4: Hey Janet, let's get to being on the phone.
• 1:55:32
  Speaker 3: We're going to the motherland and spread the spread the
• 1:55:35
  Speaker 3: financial gospel.
• 1:55:36
  Speaker 4: Hey man, it's been a real one.