Latest / Financial Survival Network / Bitcoin, Wall Street, and Regulations - Jamar James #6214

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Bitcoin, Wall Street, and Regulations - Jamar James #6214 · Financial Survival Network

• 0:00
  Speaker 1: When people say, hey, Trump is pro crypto, that means
• 0:03
  Speaker 1: he's also a pro business. And so what you're going
• 0:05
  Speaker 1: to see is the banks, you know, start a sifting crypto.
• 0:09
  Speaker 1: You see Visa MasterCard, even life insurance. You know, there's
• 0:13
  Speaker 1: life insurance policies that are starting to be developed, you know,
• 0:17
  Speaker 1: for you know the same way that we can become
• 0:19
  Speaker 1: our own bank with whole life insurance. You're starting to
• 0:22
  Speaker 1: see policies that people can put in bitcoin and borrow
• 0:25
  Speaker 1: against it of a death benefit.
• 0:28
  Speaker 2: You are listening to Carrie Letz's Financial Survival Network, where
• 0:32
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• 0:36
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• 0:48
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• 0:55
  Speaker 3: And welcome you are listening to and watching the Financial
• 0:58
  Speaker 3: Survival Network. I'm your host Carrie Lutz Well got a
• 1:02
  Speaker 3: special guest on with us today. You're definitely going to
• 1:06
  Speaker 3: want to hear from him if you were into crypto trading,
• 1:09
  Speaker 3: if you're looking to invest in crypto and figure this
• 1:13
  Speaker 3: whole thing out. He's the guy to go to Jamar
• 1:16
  Speaker 3: James and Jamar. Your website is dcgelite dot io and Jamar.
• 1:25
  Speaker 3: So let's just talk about overall crypto. Where is it
• 1:29
  Speaker 3: at now? Where do you think it's heating?
• 1:31
  Speaker 4: Man? It is in a great space, and thank you
• 1:33
  Speaker 4: for having me.
• 1:34
  Speaker 1: But you know, overall crypto market is in a space
• 1:37
  Speaker 1: of his spansion. You know, we waited for this year.
• 1:41
  Speaker 1: You know, we consider it mass adoption. You know, they
• 1:44
  Speaker 1: we've been talking about massive adoption for the last five years.
• 1:48
  Speaker 1: But you know, having an incoming president that supports it,
• 1:52
  Speaker 1: in a government that is getting behind it and talking
• 1:54
  Speaker 1: about a Bitcoin Strategic Reserve, I think we're in a
• 1:58
  Speaker 1: space of expansion and you know there's still a huge
• 2:02
  Speaker 1: opportunity with the onboarding.
• 2:04
  Speaker 4: As you see Wall Street has entered the building.
• 2:08
  Speaker 3: Yeah, oh that it has.
• 2:10
  Speaker 4: That it has.
• 2:11
  Speaker 3: And wall Street, you know, Wall Street fought this tooth
• 2:14
  Speaker 3: and nail because Wall Street's just the middle man when
• 2:18
  Speaker 3: you get down to it, and the big banks, you know,
• 2:21
  Speaker 3: make tens of billions of dollars a year being intermediaries,
• 2:25
  Speaker 3: whether it's swapping currencies, trade currency, whether it's uh, you know,
• 2:31
  Speaker 3: whatever it is. Anything they do, credit card processing.
• 2:37
  Speaker 4: All of that.
• 2:39
  Speaker 3: You know, they they have invested vast sums and they
• 2:43
  Speaker 3: saw cryptos initially I guess as a threat, right, but
• 2:47
  Speaker 3: now they're they're all in, Well.
• 2:50
  Speaker 1: They saw that, they saw it as disruptives, you know,
• 2:54
  Speaker 1: taking you know, market share, But now I think they
• 2:56
  Speaker 1: see it as opportunity. And the opportunity when he incoming administration,
• 3:02
  Speaker 1: you're saying that there's money to be made and it's
• 3:04
  Speaker 1: another asset and people are you know, they're going to
• 3:08
  Speaker 1: have an opportunity to capitalize on retail and so you know,
• 3:13
  Speaker 1: I think when you see Wall Street Internet building, you
• 3:15
  Speaker 1: see the.
• 3:16
  Speaker 4: Opportunity in the future.
• 3:18
  Speaker 3: Yeah, and it's yeah hard costs, Like how much does
• 3:23
  Speaker 3: it cost to set up an exchange for Wall Street?
• 3:26
  Speaker 3: It's you know, a few million bucks. It's mini school.
• 3:29
  Speaker 3: How much does it set You know, they can probably
• 3:33
  Speaker 3: use AI to set up an ETF in a week.
• 3:36
  Speaker 3: They just have to get the approval. The thing is
• 3:39
  Speaker 3: they've got the ability to get the regulatory approvals and
• 3:42
  Speaker 3: to actually have the platform to push it out. For
• 3:47
  Speaker 3: whatever reason, most people in the country still trust Wall Street,
• 3:52
  Speaker 3: you know, trust right, they trust them. I mean they're
• 3:56
  Speaker 3: holding your stocks, they're holding your money.
• 3:59
  Speaker 4: I think we charge Wall Street more than the government
• 4:01
  Speaker 4: at this point, you.
• 4:02
  Speaker 3: Know, you are unfair for good reason, right, all right,
• 4:07
  Speaker 3: good reason. Uh yeah, so Wall Street can can move
• 4:11
  Speaker 3: for the mountains necessary to do this. And now Trump
• 4:15
  Speaker 3: coming in, you know, he's already said that, uh, he's
• 4:19
  Speaker 3: pro crypto and wants to do a strategic bitcoin reserve.
• 4:24
  Speaker 3: So off to the races here.
• 4:26
  Speaker 1: Well, and when you when people say that Trump is
• 4:30
  Speaker 1: pro crypto, that means he's also a pro business. And
• 4:32
  Speaker 1: so what you're going to see is the banks, you know,
• 4:35
  Speaker 1: start accepting crypto.
• 4:37
  Speaker 4: You see Visa MasterCard, even life insurance.
• 4:40
  Speaker 1: You know, there's life insurance policies that are starting to
• 4:44
  Speaker 1: be developed, you know, for you know, the same way
• 4:47
  Speaker 1: that we can become our own bank with whole life insurance,
• 4:50
  Speaker 1: you're starting to see policies that people can put in
• 4:52
  Speaker 1: bitcoin and borrow against it of a death benefit. And
• 4:56
  Speaker 1: so that's a you know, that's a big thing that
• 4:59
  Speaker 1: you know, you don't have to sell your big coin.
• 5:01
  Speaker 4: At this point.
• 5:01
  Speaker 1: When you can start geting life assurance and needs different
• 5:04
  Speaker 1: investment vehicles that are integrated with crypto, it opens up
• 5:09
  Speaker 1: an entire new market in new.
• 5:10
  Speaker 3: Opportunities that's pretty amazing. I wasn't even familiar with that.
• 5:14
  Speaker 3: So Wall Street's got the most to gain. They no
• 5:18
  Speaker 3: longer view it as a threat. They view it as
• 5:22
  Speaker 3: a necessity, and they're all racing to get in on it.
• 5:27
  Speaker 3: Pre call. We're talking about companies, huge companies issuing their
• 5:31
  Speaker 3: own coins, like what Meta tried to do before the
• 5:36
  Speaker 3: current administration put the cabash on it. They were going
• 5:39
  Speaker 3: to pay all their vendors in their own coin and
• 5:43
  Speaker 3: allow people to purchase their services with their coin. And
• 5:48
  Speaker 3: I wonder how long it's going to be before that
• 5:50
  Speaker 3: comes back on the table and you start to see
• 5:53
  Speaker 3: Tesla and Microsoft and Google and everybody issue their own coins.
• 6:01
  Speaker 1: So I don't think the government has a problem with prioritizing,
• 6:05
  Speaker 1: you know, incentatives. You already have customer rebates and you
• 6:08
  Speaker 1: have rewards that people can cash in. But the real
• 6:11
  Speaker 1: issue is with collecting income in tax and taxes. And
• 6:16
  Speaker 1: so I think the structure of you know, how do
• 6:19
  Speaker 1: you collect the taxes on gains and profits or was
• 6:24
  Speaker 1: the big obstacle. And I think as we move into
• 6:27
  Speaker 1: this next year, you know that's going to have more
• 6:29
  Speaker 1: clarity around it.
• 6:31
  Speaker 3: Yeah, they're going to force everybody to use exchanges. They'll
• 6:35
  Speaker 3: try to dissuade the use of wallets, right, and maybe
• 6:41
  Speaker 3: they'll be tracking built in with these new currencies so
• 6:45
  Speaker 3: they can track your wallet. I don't know what they're
• 6:47
  Speaker 3: going to do, but you know, the government, Uncle Sam's
• 6:50
  Speaker 3: got to get his cut right, right anymore.
• 6:53
  Speaker 1: And that's why I think you know stable coin, u STT, Coinbase,
• 6:57
  Speaker 1: the Gemini, all the approved of changes in America. You know,
• 7:01
  Speaker 1: we're already kind of embedded with the government, and so
• 7:04
  Speaker 1: they try to minimize the orn raps and ensure that
• 7:08
  Speaker 1: everyone's license that are offering crypto or any type of
• 7:12
  Speaker 1: orn rap.
• 7:13
  Speaker 3: Yeah. New York State, to its credit, was one of
• 7:15
  Speaker 3: the first states, first governments anywhere, to actually come up
• 7:22
  Speaker 3: with a crypto regulatory scheme. But that's going to have
• 7:26
  Speaker 3: to evolve because, yeah, you can track everything, but crypto
• 7:30
  Speaker 3: moves at the speed of light, and you can have
• 7:34
  Speaker 3: accounts any place, anywhere. It's going to be difficult for
• 7:37
  Speaker 3: the government to track all this down.
• 7:40
  Speaker 4: I think nine.
• 7:41
  Speaker 1: I mean, if you realized a few years ago, coin
• 7:44
  Speaker 1: based had body chain analysis company. So once you get
• 7:47
  Speaker 1: crypto and once you have a is on a blockchain,
• 7:52
  Speaker 1: it can actually be tracked from one while it to
• 7:54
  Speaker 1: the next. And so you know, it's almost like the
• 7:57
  Speaker 1: paper trail is actually easier in crypto.
• 8:00
  Speaker 4: And so as long as you know you.
• 8:02
  Speaker 1: Have one person that has going through KYC and AML,
• 8:06
  Speaker 1: they can actually follow that chain.
• 8:08
  Speaker 4: And that's what the entire blockchain is about.
• 8:10
  Speaker 1: It actually gives you less more transparency on every transaction
• 8:15
  Speaker 1: and where that crypto is done.
• 8:17
  Speaker 3: I wonder if a country will come up and become
• 8:20
  Speaker 3: the Switzerland of crypto quicker. Nobody gets traced, no matter what.
• 8:25
  Speaker 3: Nobody can be traced, right, that is.
• 8:28
  Speaker 4: Something that the government will not allow. You know.
• 8:30
  Speaker 1: In the last twelve months, you know, while it's like
• 8:33
  Speaker 1: Samurai wallet, you know, all the privacy coins have been
• 8:38
  Speaker 1: under attack, and I think right now the IRS has
• 8:40
  Speaker 1: a bounty on Minero that anyone who can crack it,
• 8:44
  Speaker 1: crack the coal and get inside Maniro. They they have
• 8:48
  Speaker 1: something like a bounty of five million right now.
• 8:50
  Speaker 3: Really, so Monaro is the one that they can't They
• 8:53
  Speaker 3: can't track now.
• 8:55
  Speaker 1: They can't they can't crack. No, they don't have any
• 8:58
  Speaker 1: visibility into it.
• 9:00
  Speaker 3: All right, So there you have it. What's Benarrow training
• 9:03
  Speaker 3: out these days? You tracked it lately.
• 9:06
  Speaker 4: I think it was.
• 9:08
  Speaker 1: It was actually only is only recovery roll right now?
• 9:11
  Speaker 1: And checking the price. Last I checked, it was like
• 9:15
  Speaker 1: one eighty See where's.
• 9:16
  Speaker 3: At Yeah, yeah, one ninety three eighty four as we're
• 9:20
  Speaker 3: speaking today on January seventh, So and it's you know,
• 9:28
  Speaker 3: you look at it. It's had a pretty decent move,
• 9:32
  Speaker 3: not quite as good as as bitcoin. It's down over
• 9:37
  Speaker 3: the past month. So where's bitcoin heading? I saw a
• 9:41
  Speaker 3: ridiculous forecast eight hundred thousand by the end of the year.
• 9:45
  Speaker 4: Oh man, that's it happens. I don't think is that
• 9:48
  Speaker 4: I say one eighty to two hundred thousand.
• 9:50
  Speaker 3: I think one thirty five to one fifty crash, all right.
• 9:56
  Speaker 3: It's a little different now to predict the peaks and
• 10:00
  Speaker 3: the crashes. You know, I could never predict the lows,
• 10:04
  Speaker 3: but I could always see the highs, you know, nineteen
• 10:08
  Speaker 3: thousand and seven hundred back in what was at twenty seventeen, Well,
• 10:14
  Speaker 3: it's seventeen. I nailed it to the day, and then
• 10:16
  Speaker 3: two years ago sixty seven seven, and that's after it
• 10:20
  Speaker 3: crashed from there. I didn't get in early enough. I
• 10:23
  Speaker 3: think it was down to fifteen thousand or eleven. It
• 10:26
  Speaker 3: really went down a lot, so you could see an
• 10:29
  Speaker 3: eighty percent crash, especially now because the other thing that
• 10:35
  Speaker 3: Wall Street can do better than anyone else is training
• 10:40
  Speaker 3: arbitraging it right, they have the ability to do it.
• 10:45
  Speaker 3: This is why I think they needed to get rid
• 10:47
  Speaker 3: of Sam Bankman freed to me that whole thing was
• 10:52
  Speaker 3: a put up deal on pure thoughts. He didn't steal anything.
• 10:57
  Speaker 3: All the craitors got back one hundred and nine percent. Look,
• 11:01
  Speaker 3: I'm a recovering attorney. I handled bankruptcies once upon a time,
• 11:05
  Speaker 3: not a lot of them, but a few, and creditors
• 11:08
  Speaker 3: are happy to get ten cents up back on the dollar.
• 11:12
  Speaker 3: They got one hundred and twenty.
• 11:13
  Speaker 4: All right.
• 11:14
  Speaker 3: The law firm involved, I don't want to go pissing
• 11:17
  Speaker 3: people off. It is a major, major deep state law firm,
• 11:22
  Speaker 3: the one that handled the bankruptcy going back over one
• 11:25
  Speaker 3: hundred years. They were instrumental in Latin American government overthrows
• 11:32
  Speaker 3: and you know they've been They're the deep state law firm.
• 11:37
  Speaker 1: Put it that right, and that's a lot of a
• 11:41
  Speaker 1: lot of right to sway the people, you know, for
• 11:44
  Speaker 1: a bitcoiner against bitcoin, and they don't eat security and
• 11:48
  Speaker 1: he gave a government opportunity to come in.
• 11:50
  Speaker 4: And state or what. Yeah, base, it didn't happen again
• 11:54
  Speaker 4: to that's good legal money in now.
• 11:58
  Speaker 3: Yeah. And you know I read the book you know
• 12:03
  Speaker 3: by Michael Lewis, and this guy was not a thief,
• 12:09
  Speaker 3: all right, right he I think he might have been
• 12:12
  Speaker 3: on the spectrum. Okay, that's entirely possible. But I have
• 12:17
  Speaker 3: seen other financial people that had something Martin Armstrong, for one,
• 12:23
  Speaker 3: get locked up for eleven years. They sentenced them to
• 12:28
  Speaker 3: twenty five years. Now granted he's in a club fed
• 12:32
  Speaker 3: in all likelihood hope for his sake. And you know,
• 12:36
  Speaker 3: the guy his mistakes weren't criminal, they were accounting errors,
• 12:42
  Speaker 3: right well in.
• 12:44
  Speaker 1: As Sam was in EP right that he was just
• 12:47
  Speaker 1: like he was not qualified to Renny, No, he would.
• 12:52
  Speaker 3: He wasn't. He was an idiot, savant man. He's a genius.
• 12:57
  Speaker 3: The way he figured out how to arbitrage these coins
• 13:01
  Speaker 3: and trade cross trade and all that. I mean he
• 13:05
  Speaker 3: invented it. So Wall Street and Sam bankmin Freed could
• 13:10
  Speaker 3: not exist in the same world together, right, I think
• 13:14
  Speaker 3: it's set up on me a conspiracy theorist, today's conspiracy
• 13:19
  Speaker 3: theorists or Tomorrow's Truth Tellers. You know, the term conspiracy
• 13:24
  Speaker 3: theorist came from Jamar Now I know Sally in the
• 13:30
  Speaker 3: assassination of John Kennedy. There was a Warren Commission and
• 13:35
  Speaker 3: basically they came up with the term conspiracy theorist for
• 13:39
  Speaker 3: anybody that didn't buy the findings of the Warren Commission
• 13:44
  Speaker 3: that leejrvy Oswald killed Kennedy lone nut gun man.
• 13:49
  Speaker 4: Right.
• 13:50
  Speaker 3: The CIA deliberately came up with that to marginalize and undermine.
• 13:54
  Speaker 3: So as it turns out, all these conspiracy theories come true.
• 13:59
  Speaker 3: So not a hundred one hundred and eighty do you
• 14:02
  Speaker 3: think it's possible we could have a like a flash
• 14:04
  Speaker 3: crash or a couple of months the line in bitcoin
• 14:09
  Speaker 3: lose half its value.
• 14:10
  Speaker 1: I mean, I see in March, and you know, with
• 14:14
  Speaker 1: so much algorithms and so much our freec trading, now
• 14:17
  Speaker 1: that that's bobbed in Wall Street, you know there will
• 14:22
  Speaker 1: be crashes. I think, you know, large dumps, but it
• 14:27
  Speaker 1: will also be large recoveries. You have to remember the
• 14:29
  Speaker 1: last time that Trump was in office, you know, we
• 14:31
  Speaker 1: had COVID and we had crashes in March of twenty twenty,
• 14:35
  Speaker 1: I think twenty twenty one, and we also had recoveries.
• 14:38
  Speaker 1: And so I think any crash in crypto will be
• 14:40
  Speaker 1: short lived.
• 14:41
  Speaker 3: Yeah, I think, you know, like you can't tell, it's
• 14:45
  Speaker 3: still a market. It's it's still an emerging market.
• 14:48
  Speaker 1: Right, so it is also a global market. Yeah, and
• 14:51
  Speaker 1: there's a rather site would like to pick it up.
• 14:53
  Speaker 1: And that's why every every dip that you know I'm
• 14:56
  Speaker 1: looking at is a Bible dip because you also have
• 14:59
  Speaker 1: to remember that you know, one bitcoin, no matter what
• 15:02
  Speaker 1: crash happens, it's still one big point.
• 15:05
  Speaker 4: The value may.
• 15:05
  Speaker 1: Change temporarily how much you can shave you for, but
• 15:09
  Speaker 1: it's still one big point. And there's a lot of
• 15:12
  Speaker 1: crypto enthusiasts that their whole goal is to accumulate as
• 15:16
  Speaker 1: much bigcoin as possible.
• 15:17
  Speaker 3: Yeah, yeah, that is true. And I remember Porter Stansfield.
• 15:21
  Speaker 3: Stansbury rather sold his company and he was buying like
• 15:26
  Speaker 3: fifty thousand dollars worth of bitcoin either a day or
• 15:30
  Speaker 3: a week, like three four years ago, right, just going
• 15:33
  Speaker 3: all in on it. And he was a big gold guy.
• 15:36
  Speaker 3: So could well be the case.
• 15:39
  Speaker 1: And that I believe, you know, at this point in
• 15:42
  Speaker 1: history that any crash is is going to occur, there's
• 15:45
  Speaker 1: guys that are going to take advantage and they're willing
• 15:48
  Speaker 1: to buy and hope.
• 15:48
  Speaker 3: Yeah. Yeah, So there's definitely perhaps a bigger support for
• 15:53
  Speaker 3: it than there has been in the past. On the
• 15:55
  Speaker 3: other hand, you know, the fact that there's ats and
• 16:00
  Speaker 3: there's options and there's futures make it, at least in
• 16:04
  Speaker 3: the short term, much more easy to manipulate than it
• 16:07
  Speaker 3: was in the past.
• 16:08
  Speaker 4: I mean, you use use leverages.
• 16:09
  Speaker 1: So I trade ETFs on a daily basis, or bigcoin
• 16:13
  Speaker 1: and etherm and I'm doing that just so I can
• 16:17
  Speaker 1: accumulate more bigcoin. So you know that that is a
• 16:21
  Speaker 1: strategy with a lot of traders, is that I'm taking
• 16:23
  Speaker 1: money out of the stock market to actually buy more crypto.
• 16:27
  Speaker 3: Hey, I get it, I get it. So how much
• 16:30
  Speaker 3: crypto is enough?
• 16:32
  Speaker 4: How I can I think?
• 16:36
  Speaker 1: You know, when it comes to crypto, it's a wealth vehicle,
• 16:39
  Speaker 1: it's a store value. So the thing, the big difference
• 16:43
  Speaker 1: between gold and crypto is that you know, no matter
• 16:46
  Speaker 1: how much gold you accumulate, how can you move around
• 16:48
  Speaker 1: and how can you carry it? How can you take
• 16:51
  Speaker 1: it with you? The big coin is you know, we
• 16:54
  Speaker 1: can go anywhere in the world and we can have
• 16:56
  Speaker 1: unlimited amounts of bigcoin digitally and it could be preserved
• 17:01
  Speaker 1: and hit it, whereas gold asset isn't really a good
• 17:05
  Speaker 1: story value because it's not mobile. And I think right
• 17:09
  Speaker 1: now where we are global cyniziness, we want, we desire
• 17:12
  Speaker 1: to be. I live in California and the number one
• 17:16
  Speaker 1: thing I get on a daily basis why you're still there?
• 17:19
  Speaker 3: Yeah, a good question, why are you still there?
• 17:21
  Speaker 1: But these family family ties, right, I figured, you know,
• 17:25
  Speaker 1: if you add a capital, it's not as bad. But
• 17:28
  Speaker 1: I think the wealth, the vision is getting much wider.
• 17:32
  Speaker 1: You know, it's going to be clear rich and poor.
• 17:34
  Speaker 1: The middle class is being eliminated.
• 17:38
  Speaker 3: Yeah, yeah, I couldn't agree with you more man, it's
• 17:41
  Speaker 3: uh well, then again, there's definitely a change taking place,
• 17:45
  Speaker 3: not just in the country, but across the globe.
• 17:48
  Speaker 1: Across the globe technology. I mean, it's getting to the
• 17:52
  Speaker 1: point where we're wiping out the middle class where even
• 17:54
  Speaker 1: they don't have access to even buy crypto, they don't
• 17:59
  Speaker 1: have access to buy food, you know. I mean, I
• 18:02
  Speaker 1: think eggs.
• 18:02
  Speaker 4: Right now in California is about sixteen seventeen dollars that
• 18:04
  Speaker 4: it doesn't.
• 18:05
  Speaker 3: I saw that they went up ten bucks in a
• 18:07
  Speaker 3: day or a week, right, so they must be good eggs.
• 18:13
  Speaker 1: Well, I think that's the next stage, right, The next
• 18:14
  Speaker 1: pandemic is you know, food shortages. That was That's the
• 18:17
  Speaker 1: only thing that I think people will sell their crypto
• 18:20
  Speaker 1: for if you have lack of food, you.
• 18:22
  Speaker 3: Know, and yeah, well right, I gotta eat.
• 18:25
  Speaker 4: You got to eat.
• 18:26
  Speaker 1: So I mean, I think you know you taken conspiracy
• 18:30
  Speaker 1: theorists and Bill Gates. With all the land and all
• 18:33
  Speaker 1: the products being modified, you know, all the food being gmo.
• 18:38
  Speaker 1: You know that's going to become more valuable to the walkie,
• 18:42
  Speaker 1: so you have quality food.
• 18:44
  Speaker 3: It's amazing you talk about food. Much of much of
• 18:49
  Speaker 3: the food we produce, we can't even export to Europe
• 18:53
  Speaker 3: or Canada. They won't take it because it's all this GMO,
• 18:57
  Speaker 3: it's all modified. It's all crap. Quite a world here, now,
• 19:02
  Speaker 3: quite a world.
• 19:03
  Speaker 1: AI doesn't need food, right, so you heard the eliminate
• 19:06
  Speaker 1: the employees and you'll.
• 19:09
  Speaker 4: Adding more AI and the adding robots.
• 19:10
  Speaker 1: They don't need to eat. And so it does look
• 19:15
  Speaker 1: you know technology wise, that everything is advancing.
• 19:20
  Speaker 4: Yeah fives, Well.
• 19:22
  Speaker 3: You got like twenty dollars minimum wage in California for
• 19:27
  Speaker 3: fast food workers and you know they're looking and hey,
• 19:33
  Speaker 3: Flippy the burger maker. They're going to have robots, so
• 19:37
  Speaker 3: they're not going to have any human beings at the
• 19:42
  Speaker 3: at the McDonald's. The robots will open up and they'll close.
• 19:48
  Speaker 3: You know, they'll just be handing out food. They won't
• 19:50
  Speaker 3: be taking any cash. Everything's going to be cashless payments, right,
• 19:55
  Speaker 3: So that's the future. I mean, they had the the
• 19:59
  Speaker 3: automated to coffee shop of the future, you.
• 20:03
  Speaker 1: Know, right, Yeah, Amazon stores, you can go to the
• 20:05
  Speaker 1: grocery store and just walk out and encourage you Amazon account.
• 20:09
  Speaker 4: Yeah. Driverless trucks and vehicles is going to be around.
• 20:13
  Speaker 1: You know, Uber is being replaced by Waymo, and you
• 20:18
  Speaker 1: know you can hop in a car and get a
• 20:19
  Speaker 1: ride with the driverless vehicle.
• 20:21
  Speaker 4: I mean that's a real big investment right now, but
• 20:24
  Speaker 4: is also kind of scary for all the blue collar
• 20:27
  Speaker 4: workers ten million people.
• 20:29
  Speaker 3: It's the largest single job category in the country is driver, right,
• 20:34
  Speaker 3: that's truck drivers, that's limo drivers, taxis delivery guys, FedEx,
• 20:41
  Speaker 3: you know ups, post office, post Well, if you want
• 20:46
  Speaker 3: to get a safe job, go to the post office.
• 20:47
  Speaker 3: They'll be the last one to adopt the technology. Right.
• 20:51
  Speaker 1: No, they actually first, my mom retired thirty five years
• 20:54
  Speaker 1: at the post office and she's seeing so much shade.
• 20:56
  Speaker 1: We're even the catalogs, right, the business is almost dead. Yeah,
• 21:03
  Speaker 1: and you have guys sending digital You get your mail digitally?
• 21:06
  Speaker 4: Now?
• 21:07
  Speaker 3: Sure? Yeah, you can do that. I mean I get
• 21:09
  Speaker 3: the I get a scan of all the mail that
• 21:13
  Speaker 3: I'm going to get for the day.
• 21:14
  Speaker 4: They're only keeping a post office open for the workers.
• 21:17
  Speaker 4: It might be it.
• 21:19
  Speaker 3: Well, I lost the ten billion dollars last year, so
• 21:23
  Speaker 3: you can only even if you're part of the government,
• 21:25
  Speaker 3: you can only stay open as a money losing enterprise
• 21:28
  Speaker 3: for so long until somebody says enough already.
• 21:32
  Speaker 1: And I think that's what Elon Musk was hired to do, right,
• 21:34
  Speaker 1: Department of Government Efficiency.
• 21:36
  Speaker 3: Yeah, one are the new coins. You think it's a
• 21:39
  Speaker 3: trojan horse.
• 21:41
  Speaker 1: They get the trojan horse that allow him to eliminate
• 21:45
  Speaker 1: you know, a lot of government spending in the backup
• 21:49
  Speaker 1: saying hey, we can save money.
• 21:52
  Speaker 3: Yeah. Man, it's like hard to believe, you know, it's
• 21:56
  Speaker 3: so hard to believe, and yet here we are, so
• 22:00
  Speaker 3: okay again, you want to find it, just tell us
• 22:04
  Speaker 3: what you offer your AI service there at JAMA.
• 22:08
  Speaker 1: So you know, now with the introduction of technology into trading,
• 22:13
  Speaker 1: now I've created a AI Trading Report. It gives you
• 22:15
  Speaker 1: updated trading analysis on what we're trading in crypto, the
• 22:20
  Speaker 1: stock market, the options, and it allows you know, the
• 22:24
  Speaker 1: average person to understand what's happening in the market on
• 22:27
  Speaker 1: a daily basis.
• 22:29
  Speaker 3: How do you get that?
• 22:31
  Speaker 4: Go to AI Trading Report dot com.
• 22:33
  Speaker 3: AI Training Report dot com. The link pleasing trading, got it?
• 22:39
  Speaker 3: Got it all right? About that AI Trading Report dot com.
• 22:44
  Speaker 3: The link is in the show notes of this interview
• 22:46
  Speaker 3: on Financial Survival Network dot com. Make sure when you
• 22:50
  Speaker 3: go there, please you'll sign up for our free newsletter.
• 22:54
  Speaker 3: It's not quite AI written yet, but we're getting close
• 22:57
  Speaker 3: and getting questions for jamar myself. Shoot me an email
• 23:01
  Speaker 3: kl at Carrie lets dot com jamorrow. We will definitely
• 23:05
  Speaker 3: talk to you again soon, especially if there's any major
• 23:08
  Speaker 3: movements in crypto from whatever area, and wish you the
• 23:12
  Speaker 3: best for the coming year.
• 23:13
  Speaker 4: Talk to you soon, lud You feel thanks for having me.
• 23:15
  Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network your
• 23:19
  Speaker 2: solution to today's trying times. For the latest, go to
• 23:23
  Speaker 2: Financial Survivalnetwork dot com Financial Survival Network
• 23:28
  Speaker 4: Now more than ever,