Latest / Earn Your Leisure / Cliff Notes: TESLA & BLOCK'S BITCOIN PLANT

Transcript

Cliff Notes: TESLA & BLOCK'S BITCOIN PLANT · 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
• 0:28
  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.
• 1:00
  Speaker 3: All right, next topic before we go shout tell you
• 1:02
  Speaker 3: on YouTube sixty six hundred people. I need you, guys,
• 1:05
  Speaker 3: do do me a favorite teach so much. Please hit
• 1:08
  Speaker 3: the like button and please share two your anniversary. Let's try.
• 1:13
  Speaker 3: Let lets let's try to crack seventy five hundred people.
• 1:15
  Speaker 3: If we can, we will we will be giving cash apps.
• 1:18
  Speaker 3: If we can't, we if we crack over seventy five
• 1:21
  Speaker 3: hundred people crazy, we will be giving cash apps. So
• 1:24
  Speaker 3: hit the like button and share something I said cash STAPs. Yes, yeah,
• 1:31
  Speaker 3: so all right, let's let's let's talk about this.
• 1:34
  Speaker 2: UH.
• 1:34
  Speaker 3: And if you're on zoom, just log into YouTube and
• 1:37
  Speaker 3: just put it on mute. Just to help the numbers.
• 1:40
  Speaker 3: Let's talk about this. I put this in UH on
• 1:43
  Speaker 3: Instagram the other day too. Block and Tesla joint forces
• 1:49
  Speaker 3: Elon Musk and Jack Dorsey are joining forces for a
• 1:53
  Speaker 3: bigcoin mining plant, solar solar power bitcoin mining plant in tech.
• 2:00
  Speaker 3: This is interesting because we just talked about Elon's involvement
• 2:04
  Speaker 3: with Twitter. Jack Dorsey was a former CEO and founder
• 2:09
  Speaker 3: co founder of Twitter. He's currently the CEO of Block,
• 2:15
  Speaker 3: which was formerly called Square. I think Tesla announced last
• 2:23
  Speaker 3: year that they own over like eleven billion dollars in bitcoin.
• 2:30
  Speaker 3: If I if I'm mistaken on that number, put it
• 2:32
  Speaker 3: in chat. But somewhere along the line they own a
• 2:34
  Speaker 3: lot of bitcoin. One of the reasons why they changed
• 2:37
  Speaker 3: the name of the block is because they're moving more towards
• 2:39
  Speaker 3: blockchain technology. Square also owns cash app who they're making
• 2:45
  Speaker 3: a strong push towards bitcoin. So Jack Dorsey has been
• 2:49
  Speaker 3: a bitcoin bull him and jay z has done some
• 2:51
  Speaker 3: stuff in Africa with cryptocurrency and bitcoin their own title.
• 2:55
  Speaker 3: So now you have, now you have. It's interesting for
• 2:58
  Speaker 3: me on a few different level. But the first thing is,
• 3:01
  Speaker 3: like the whole idea of cryptocurrency and bitcoin was to
• 3:04
  Speaker 3: empower the little guy. That's what they said, empowered the
• 3:07
  Speaker 3: little guy. Decentralization put the put the strength back to
• 3:11
  Speaker 3: the people. Now we see two of the richest people
• 3:14
  Speaker 3: in the world coming together to work on cryptocurrency, Bitcoin mighty.
• 3:19
  Speaker 3: So that's interesting within itself. But what's what's your guy's
• 3:22
  Speaker 3: thoughts on this?
• 3:23
  Speaker 2: I think the timing was extremely interesting, right, Like, this
• 3:27
  Speaker 2: guy is now becoming a shareholder of the company that
• 3:30
  Speaker 2: you founded and was critical of Twitter up until that point, right,
• 3:35
  Speaker 2: saying that it needs to be free speech and all
• 3:36
  Speaker 2: these things. But it's interesting even with Display because they
• 3:39
  Speaker 2: were critical of bitcoin. If you remember at some point
• 3:42
  Speaker 2: last year, I think it was May. Tesla was originally
• 3:45
  Speaker 2: accepting bitcoin it's payment, and they stopped and that was really
• 3:49
  Speaker 2: because of environmental circumstances. And so when you hear what
• 3:53
  Speaker 2: they're doing now, it's like, oh, it's solar, okay, this
• 3:56
  Speaker 2: is environmental friendly. And now they've teamed up obviously with
• 4:00
  Speaker 2: with block and Blockstream to come with a plant. And
• 4:03
  Speaker 2: so if people understand the mining of bitcoin, theyn't understand
• 4:05
  Speaker 2: how much energy it tasts like it really like to
• 4:08
  Speaker 2: mine a bitcoin like it really could be giving energy
• 4:11
  Speaker 2: to a small town or like one of these small
• 4:13
  Speaker 2: cities like in the middle of the country. And so
• 4:16
  Speaker 2: mining really doesn't happen too. I mean, it happens in
• 4:18
  Speaker 2: the United States, but bigger in China, bigger in Russia,
• 4:22
  Speaker 2: some parts of Canada. And so when they're talking about
• 4:24
  Speaker 2: bringing that to the United States. From a solar standpoint,
• 4:26
  Speaker 2: it's revolutionary in the space because now you save energy,
• 4:28
  Speaker 2: but you can still produce those bitcoins. And so, I mean,
• 4:32
  Speaker 2: these two obviously are revolutionary minds. When we talk about
• 4:35
  Speaker 2: technology and creating new businesses, we've seen it some of
• 4:38
  Speaker 2: the most you know, incredible companies that we've seen in
• 4:43
  Speaker 2: our lifetime and definitely in the past decade. So to
• 4:45
  Speaker 2: see them come together and then the scene what happened
• 4:48
  Speaker 2: like two days after it was just like you know,
• 4:50
  Speaker 2: this isn't coincidental. None of this is coincidental.
• 4:54
  Speaker 4: Well timed. Square needed to hit they needed and they
• 4:57
  Speaker 4: have a few things that are gonna come out this
• 4:58
  Speaker 4: year that I think will be impactful. This is one
• 5:00
  Speaker 4: of the smaller ones, but like you said, it was
• 5:03
  Speaker 4: well timed.
• 5:05
  Speaker 3: Well.
• 5:05
  Speaker 4: What's the quote, create a problem and give a solution,
• 5:09
  Speaker 4: like in the political space.
• 5:12
  Speaker 2: Earners, what's up? You ever walk into a small business
• 5:14
  Speaker 2: and everything just works like the checkout is fast, the
• 5:17
  Speaker 2: receipts are digital, tipping is a breeze, and you're out
• 5:21
  Speaker 2: the door before the line even builds. Odds are they're
• 5:25
  Speaker 2: using Square. We love supporting businesses that run on Square
• 5:28
  Speaker 2: because it just feels seamless. Whether it's a local coffee shop,
• 5:32
  Speaker 2: a vendor at a pop up market, or even one
• 5:34
  Speaker 2: of our merch partners. Square makes it easy for them
• 5:37
  Speaker 2: to take payments, manage inventory, and run their business with confidence,
• 5:42
  Speaker 2: all from one simple system. If you're a business owner
• 5:45
  Speaker 2: or even just thinking about launching something soon, Square is
• 5:49
  Speaker 2: hands down one of the best tools out there to
• 5:51
  Speaker 2: help you start run and grow. It's not just about payments.
• 5:55
  Speaker 2: It's about giving you time back so you can focus
• 5:58
  Speaker 2: on what matters most. See how Square can transform your business.
• 6:02
  Speaker 2: Visit Square dot com backslash go backslash eyl to learn
• 6:07
  Speaker 2: more that Square dot com backslash, go backslash eyl. Don't wait,
• 6:12
  Speaker 2: don't hesitate. Let's Square handle the back end so you
• 6:15
  Speaker 2: can keep pushing your vision forward. This episode is brought
• 6:21
  Speaker 2: to you by P and C Bank. A lot of
• 6:23
  Speaker 2: people think podcasts about work are boring, and sure they
• 6:27
  Speaker 2: definitely can be, but understanding of professionals routine shows us
• 6:31
  Speaker 2: how they achieve their success little by little, day after day.
• 6:36
  Speaker 2: It's like banking with P and C Bank. It might
• 6:38
  Speaker 2: seem boring to save, plan and make calculated decisions with
• 6:41
  Speaker 2: your bank, but keeping your money boring is what helps
• 6:44
  Speaker 2: you live or more happily fulfilled life. P and C
• 6:47
  Speaker 2: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since
• 6:53
  Speaker 2: eighteen sixty five is a service mark of the PNC
• 6:55
  Speaker 2: Financial Service Group, Inc. P and C Bank National Association FDIC.
• 7:03
  Speaker 5: You just realized your business needed to hire someone yesterday.
• 7:07
  Speaker 5: How can you find amazing candidates fast easy. Just use Indeed.
• 7:12
  Speaker 5: Stop struggling to get your job posts seen on other
• 7:15
  Speaker 5: job sites. With Indeed sponsored jobs, your post jumps to
• 7:19
  Speaker 5: the top of the page for your relevant candidates, so
• 7:21
  Speaker 5: you can reach the people you want faster. According to
• 7:24
  Speaker 5: Indeed data, sponsored jobs posted directly on Indeed have forty
• 7:28
  Speaker 5: five percent more applications than non sponsored jobs. Don't wait
• 7:32
  Speaker 5: any longer, speed up your hiring right now with Indeed,
• 7:36
  Speaker 5: and listeners of this show will get a seventy five
• 7:39
  Speaker 5: dollars sponsored job credit to get your jobs more visibility
• 7:42
  Speaker 5: at indeed dot com slash pod katz thirteen. Just go
• 7:48
  Speaker 5: to Indeed dot com slash pod katz thirteen right now
• 7:53
  Speaker 5: and support our show by saying you heard about Indeed
• 7:55
  Speaker 5: on this podcast. Terms and conditions apply hiring Indeed, It's
• 8:00
  Speaker 5: all you need.
• 8:01
  Speaker 4: So when they were saying, hey, how much it cost
• 8:04
  Speaker 4: to mind, like, what does it cost to make a
• 8:06
  Speaker 4: Tesla factory? You know, so like, is mining bitcoin the
• 8:11
  Speaker 4: most unsustainable thing that we can do in comparison to
• 8:14
  Speaker 4: all the things that are done in corporate or you know,
• 8:17
  Speaker 4: drilling and mining for oil. It's like, but if you
• 8:19
  Speaker 4: frame it that contact when everyone was fake caring about
• 8:22
  Speaker 4: the environment. You then can say, hey, this is a
• 8:24
  Speaker 4: great way for us to team up. As far as
• 8:27
  Speaker 4: it being for the little guy, there is no currency,
• 8:29
  Speaker 4: asset class, or money making engine that the top half
• 8:33
  Speaker 4: of one percent will not get into and the top
• 8:36
  Speaker 4: ten hedge funds will not get into. That's what I
• 8:38
  Speaker 4: was kept saying, like everyone was saying, hey, Bitcoin is
• 8:41
  Speaker 4: it centralizing? Like, no, it's not. And then you know,
• 8:46
  Speaker 4: I dropped the little bomb for some of you about
• 8:48
  Speaker 4: who backs ethereum and then Tether's going to fall apart
• 8:52
  Speaker 4: pretty soon. Please be careful the same ones. I want
• 8:56
  Speaker 4: you guys to do your research on the media side,
• 8:58
  Speaker 4: right So, not only because if you can get media
• 9:01
  Speaker 4: to influence the mind to then drive profit for you,
• 9:04
  Speaker 4: you need to look at who is creating the media
• 9:07
  Speaker 4: and who's paying them to do so. Why was no
• 9:09
  Speaker 4: one screaming to get into bigcoin in twenty fifteen, twenty fourteen,
• 9:12
  Speaker 4: twenty sixteen. I was there for shotting truck can tell you, man,
• 9:16
  Speaker 4: not that many people were screaming at twenty fifteen. So normally,
• 9:20
  Speaker 4: whenever you get a push to mainstream media, and so
• 9:24
  Speaker 4: that the ones that are in institutions and the wealthiest
• 9:27
  Speaker 4: of the wealthy can actually get a high return on
• 9:30
  Speaker 4: their profit. So please be careful and be mindful. A
• 9:33
  Speaker 4: great plan for Square. I love it.
• 9:36
  Speaker 3: So how do you feel about Square stock? It's rebounded,
• 9:39
  Speaker 3: a create crashed, It's rebounded, is up and down. It
• 9:44
  Speaker 3: had a big week last week, I think, and then
• 9:47
  Speaker 3: it kind of went down. I know you was a
• 9:49
  Speaker 3: big Square bull, Dylan, very vocal about your support of
• 9:53
  Speaker 3: Square as far as you thought that it was a
• 9:55
  Speaker 3: good stock. Do you still believe in Square?
• 9:57
  Speaker 4: I do, But like it was at the point where
• 9:58
  Speaker 4: you remember when Deontay Water got knocked out and it
• 10:00
  Speaker 4: was like, baby, please, don't don't let Furiy knock you
• 10:04
  Speaker 4: out right sore push So like ninety six sixty seven
• 10:09
  Speaker 4: and they'll be good. Jack and his team needs to
• 10:13
  Speaker 4: announce what their plan is. The one thing that I
• 10:16
  Speaker 4: am seeing, which is different than the Pelotons CEO change,
• 10:21
  Speaker 4: which is amazing. You have to tell people what the
• 10:26
  Speaker 4: vision is so they can rally around it. So there's
• 10:28
  Speaker 4: no reason right now for unless you have some amazing
• 10:31
  Speaker 4: information or some insight and the crystal ball shines bright,
• 10:35
  Speaker 4: you have no reason to jump in right now. I
• 10:38
  Speaker 4: think they while they're getting that playing together, they have
• 10:40
  Speaker 4: to get a better job of mapping out what the
• 10:41
  Speaker 4: vision is for Square. With the vision of the company is,
• 10:45
  Speaker 4: I think the product is great. I think they have
• 10:46
  Speaker 4: some great assets under management in terms of product liners
• 10:50
  Speaker 4: they have, but no one has been told, hey, here's
• 10:52
  Speaker 4: the five year plan for Square. I think if he
• 10:54
  Speaker 4: does that, they'll be great. But yeah, give it maybe
• 11:00
  Speaker 4: eight months and they'll be back to like one eighty
• 11:05
  Speaker 4: three fifty ish. But yeah, wayan flishing is going up,
• 11:10
  Speaker 4: They're gonna take a little beating. So I'm screaming, get up, Champ,
• 11:13
  Speaker 4: Get up.
• 11:14
  Speaker 2: Get up Champ, really really quickly, just acause we spoke
• 11:18
  Speaker 2: about Tesla their plant open up in Texas, UH last week,
• 11:22
  Speaker 2: and this bitcoin mining plan is also going to be
• 11:25
  Speaker 2: in Texas, UH, and so very interesting. Obviously, we know
• 11:28
  Speaker 2: Texas no state tax, so a lot of of the revenue,
• 11:32
  Speaker 2: you know, it is not to be paid to the state.
• 11:33
  Speaker 2: So you know, just another benefit that the CEOs are
• 11:36
  Speaker 2: looking at, like, all right, well, let's move to places
• 11:38
  Speaker 2: where we can actually save money and have the same
• 11:40
  Speaker 2: amount of business.
• 11:41
  Speaker 3: That's a fact. Speaking well, before that shot to YouTube,
• 11:46
  Speaker 3: we jumped up seven hundred viewers. Real quick, we had
• 11:50
  Speaker 3: seventy one hundreds. My graduates from my school being force back,
• 11:57
  Speaker 3: drop bag drop Mike, drop back, drop bag drops.
• 12:12
  Speaker 5: Coach, the energy out there felt different. What changed for
• 12:15
  Speaker 5: the team today?
• 12:16
  Speaker 4: It was the new game day scratches from the California Lottery.
• 12:18
  Speaker 4: Play is everything.
• 12:20
  Speaker 2: Those games sent the team's energy through the roof.
• 12:22
  Speaker 5: Are you saying it was the off field play that
• 12:24
  Speaker 5: made the difference on the field.
• 12:25
  Speaker 2: Hey, little play makes your day, and today it made
• 12:28
  Speaker 2: the game.
• 12:29
  Speaker 4: That's all for now, Coach. One more question.
• 12:31
  Speaker 5: Play the new Los Angeles Chargers, San Francisco forty nine
• 12:34
  Speaker 5: Ers and Los Angeles Rams scratchers from the California Lottery.
• 12:37
  Speaker 1: A little play can make your day. Peace may responsibly.
• 12:40
  Speaker 1: Must be eighteen years or older to purchase plate or
• 12:42
  Speaker 1: claim