Latest / Financial Survival Network / Bitcoin Halving Powers Market Surge - Lark Davis #6187

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Bitcoin Halving Powers Market Surge - Lark Davis #6187 · Financial Survival Network

• 0:00
  Speaker 1: And now we've got a situation fundamentally where things have
• 0:03
  Speaker 1: changed in a very dramatic way. You see the bitcoin
• 0:05
  Speaker 1: having happened back in April. That means that the miners
• 0:07
  Speaker 1: have fifty percent less bitcoin that they're producing every single day,
• 0:11
  Speaker 1: so they are producing nine hundred to four or fifty bitcoin. Historically,
• 0:14
  Speaker 1: in bitcoin cycles, takes around six months for this supply
• 0:17
  Speaker 1: demand mechanism to fully catch up. In the last few weeks,
• 0:21
  Speaker 1: Wall Street has bought an unfathomable amount of bitcoin.
• 0:24
  Speaker 2: You're listening to Carrie Lutz's Financial Survival Network, where you
• 0:28
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• 0:32
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• 0:45
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• 0:48
  Speaker 3: Ever, And welcome you are listening to and watching the
• 0:55
  Speaker 3: Financial Survival Network.
• 0:56
  Speaker 4: I'm your host, Carrie Lutz.
• 0:58
  Speaker 3: It is We don't usually say dates all the time,
• 1:01
  Speaker 3: but eleven eleven twenty four significant date, very significant date.
• 1:06
  Speaker 3: Have you been watching the price of bitcoin? Because I do.
• 1:10
  Speaker 3: I have to, because many of you out there are
• 1:13
  Speaker 3: always firing questions at me about bitcoin. Well, hey, new
• 1:17
  Speaker 3: record today eighty five K, and it was just last
• 1:21
  Speaker 3: week that we hit seventy five K. Person I talked
• 1:25
  Speaker 3: to who maybe he doesn't know how to program up
• 1:28
  Speaker 3: blockchain currency, but he gets it and he can make
• 1:32
  Speaker 3: it simple for you. Lark Davis Wealth Mastery. Lark, it's
• 1:37
  Speaker 3: great to have you been. Have you on the show again.
• 1:40
  Speaker 3: And man, this happened pretty quick.
• 1:43
  Speaker 1: You know, a lot's happened since last time we talked,
• 1:45
  Speaker 1: and this breakout, and I've been talking about this for
• 1:49
  Speaker 1: the past six months on the channel. I said, guys,
• 1:51
  Speaker 1: we're going to keep consolidating. It doesn't matter how long
• 1:54
  Speaker 1: CONSULTI for how ella goes. Just stay in the game, survive,
• 1:58
  Speaker 1: keep stacking, keep focus on the big picture. Because as
• 2:01
  Speaker 1: soon as we break over seventy four to seventy five K,
• 2:04
  Speaker 1: that's it. That's it, that's the big signal. We're off
• 2:07
  Speaker 1: to the races and from that point on, we're gonna
• 2:10
  Speaker 1: move real hard, real fast. And that's what we're seeing
• 2:13
  Speaker 1: right now. Because bitcoin has a history of this. When
• 2:16
  Speaker 1: it breaks its highs, it tends to break them very fast. Now,
• 2:19
  Speaker 1: the one back in March around the sort of this
• 2:21
  Speaker 1: that ETF hype. That was a bit of an avarition, right,
• 2:24
  Speaker 1: So because it was just this very much news event
• 2:27
  Speaker 1: driven thing, the fundamentals didn't fully line up behind it.
• 2:31
  Speaker 1: And now we've got a situation fundamentally where things have
• 2:34
  Speaker 1: changed in a very dramatic way. You see the bitcoin
• 2:36
  Speaker 1: having happened back in April. That means that the miners
• 2:38
  Speaker 1: have fifty percent less bitcoin that they're producing every single day,
• 2:42
  Speaker 1: so they are producing nine hundred to four or fifty bitcoin. Historically,
• 2:45
  Speaker 1: in bitcoin cycles, takes around six months for this supply
• 2:48
  Speaker 1: demand mechanism to fully catch up. In the last few weeks,
• 2:52
  Speaker 1: Wall Street has bought an unfathomable amount of bitcoin. In
• 2:55
  Speaker 1: the last month, they've probably bought six to seven months
• 2:58
  Speaker 1: worth of minor supply. So that's just one source buying.
• 3:02
  Speaker 1: It's not your on chain whales, your corporations or FAMI labs,
• 3:06
  Speaker 1: right that stuff just Bitcoin ETF products. I've seen in
• 3:10
  Speaker 1: such a high level of to manufacturer is one day
• 3:13
  Speaker 1: last week Wednesday, where Wall Street literally bought the equivalent
• 3:17
  Speaker 1: of about forty days of new minor production, meaning that
• 3:21
  Speaker 1: there's just not enough new coins coming into the market.
• 3:24
  Speaker 1: The long term holders are holding the new guys coming in, well,
• 3:27
  Speaker 1: they depending on miners and stuff to supply them with it,
• 3:29
  Speaker 1: but they're not getting enough, so the price is going
• 3:31
  Speaker 1: to move hard.
• 3:32
  Speaker 4: And that's exactly what we're seeing right now. It's pretty amazing.
• 3:36
  Speaker 4: I mean, I knew the breakout was coming.
• 3:39
  Speaker 3: Once it hit the broke out at sixty three seven,
• 3:43
  Speaker 3: it passed that.
• 3:44
  Speaker 4: That was the giveaway.
• 3:46
  Speaker 3: The one thing we were talking pre call is I
• 3:50
  Speaker 3: can pick these Bitcoin intermediate peaks in my sleep. And
• 3:55
  Speaker 3: I'm not the greatest technical person out there. It's just
• 3:58
  Speaker 3: so easy. Because it's going to go parabolic, I think
• 4:03
  Speaker 3: that there's nothing between now and one hundred thousand to
• 4:07
  Speaker 3: stop it. And it's only fifteen thousand. That's really not
• 4:11
  Speaker 3: a big increase. It's, you know, fifteen percent increase or
• 4:16
  Speaker 3: so to get to one hundred k. But we're going
• 4:18
  Speaker 3: to get to a point above that. We're going to
• 4:20
  Speaker 3: have an exhaustion rally where everybody who wants the stuff
• 4:25
  Speaker 3: is going to buy it. Maybe Wall Street will trigger
• 4:28
  Speaker 3: a sell off so they can take the profits and
• 4:32
  Speaker 3: then buy more bitcoin. You know, it could go down
• 4:36
  Speaker 3: eighty percent from its high. So if it goes down
• 4:38
  Speaker 3: to eighty percent, we're looking at a thirty thousand dollars bitcoin,
• 4:42
  Speaker 3: they'll be buying it up then. And you know, because
• 4:46
  Speaker 3: we know the volatility, we've seen it go down ninety percent.
• 4:50
  Speaker 3: The only thing with when you're buying lows and bitcoin
• 4:54
  Speaker 3: is they're very very hard to catch the low. Easier
• 4:59
  Speaker 3: to catch the hig than the low.
• 5:01
  Speaker 1: There's a lot more forgiving with lows though, because you
• 5:03
  Speaker 1: have a lot more time to catch. You don't need
• 5:05
  Speaker 1: to perfectly buy the bottom. But generally, when bitcoin goes down,
• 5:08
  Speaker 1: it tends to stay down for a while. When Bitcoin peaks,
• 5:11
  Speaker 1: it tends to peak for a very short amount of time.
• 5:14
  Speaker 1: And that's the tricky part for a lot of people.
• 5:16
  Speaker 1: They have lots of time to buy during the bear
• 5:17
  Speaker 1: market five hundred bucks, thousand bucks, whatever it is each
• 5:21
  Speaker 1: week and just relax stack wait for the market cycle
• 5:24
  Speaker 1: to turn around, exactly what I do. You have a
• 5:26
  Speaker 1: lot of time to do that, no rush then, But
• 5:28
  Speaker 1: when the markets are peaking, that's when you got to
• 5:30
  Speaker 1: act fast because things will go down real hard, real fast.
• 5:33
  Speaker 1: That's what bitcoin always does. It peaks and that drops
• 5:36
  Speaker 1: super fast, So you got to be ready if you're
• 5:39
  Speaker 1: selling your bitcoin to do that.
• 5:41
  Speaker 3: Yeah, because look, it trades on pure emotion. The markets,
• 5:46
  Speaker 3: it's all about emotion. Yeah, there's supply and demand. Nobody
• 5:49
  Speaker 3: will dispute that there's less supply now from new miners.
• 5:53
  Speaker 3: But there's no fundamental story to bitcoin other than the
• 5:57
  Speaker 3: amount of new coins being produced. There's nothing else. So
• 6:02
  Speaker 3: therefore emotion and then it hits My guess is one
• 6:06
  Speaker 3: thirty five to one fifty will be that peak and
• 6:10
  Speaker 3: hits that and then all of a sudden people are
• 6:12
  Speaker 3: sitting on big profits, and then the fear replaces the greed.
• 6:17
  Speaker 3: The fear is, wow, I'm up a three hundred percent
• 6:20
  Speaker 3: on my bitcoin. I've made one hundred thousand dollars half
• 6:24
  Speaker 3: a million dollars.
• 6:25
  Speaker 4: I don't want to lose that money.
• 6:27
  Speaker 3: And then we all mutually head for the exit and
• 6:32
  Speaker 3: then it falls like you're trying to catch a falling knife.
• 6:35
  Speaker 3: So we're up over one hundred percent this year so far,
• 6:40
  Speaker 3: year to date, right.
• 6:41
  Speaker 1: That's right, just a little over hundred percent or right
• 6:43
  Speaker 1: around there currently.
• 6:44
  Speaker 3: Right, So besides Bitcoin, what other coins joined in this rally?
• 6:50
  Speaker 3: And you could have made even more money on sure
• 6:52
  Speaker 3: all the big gap.
• 6:53
  Speaker 1: All coins have been doing generally pretty well. I mean
• 6:56
  Speaker 1: there's a lot of the older coins that are not
• 6:58
  Speaker 1: doing super well and are probably not going to do
• 7:00
  Speaker 1: super well and may not even come.
• 7:01
  Speaker 4: Back to their previous highs.
• 7:03
  Speaker 1: So if you're one of the people who've been sitting
• 7:04
  Speaker 1: around holding some of these these old dinosaur coins that
• 7:07
  Speaker 1: have no one's talking about, they're not getting any attention,
• 7:10
  Speaker 1: you're probably gonna underperform dramatically this cycle. The market loves
• 7:13
  Speaker 1: new coins, the market loves new narratives, so we're seeing
• 7:16
  Speaker 1: a lot of shiny new coins do really well. Coins
• 7:19
  Speaker 1: that have come out in the last year or two.
• 7:21
  Speaker 1: New networks like swee and aptos are getting a lot
• 7:23
  Speaker 1: of attention. We're seeing mean coins, of course, being the
• 7:27
  Speaker 1: really big, really big winners this cycle, and look to
• 7:30
  Speaker 1: be very clear, ninety nine percent of the mean coins
• 7:34
  Speaker 1: don't make it more than a couple hours in the market.
• 7:36
  Speaker 4: They're just scams and go immediately to zero.
• 7:37
  Speaker 1: Were a few, Yeah, there's a few that very small
• 7:43
  Speaker 1: percentage that will do well. We'll get communities behind them,
• 7:46
  Speaker 1: we get people who get excited about them, and they
• 7:48
  Speaker 1: start buying and holding more and believing the narratives and
• 7:51
  Speaker 1: sharing the memes and all that sort of stuff. And
• 7:54
  Speaker 1: whether you love them or not, mean coins have been
• 7:56
  Speaker 1: the best performing sector of the cryptoccurrence market this year.
• 8:02
  Speaker 1: The biggest exponential gains have happened there. And if you
• 8:06
  Speaker 1: are going to play that game, here's the thing. You
• 8:08
  Speaker 1: don't have to take outside the risk by trying to
• 8:10
  Speaker 1: find the next one that's going to go from one
• 8:12
  Speaker 1: hundred thousand dollars market cap to a multi billion dollar
• 8:15
  Speaker 1: market cap. The amount of people who do that are
• 8:17
  Speaker 1: equivalent of lottery winners, really. But what you can do,
• 8:21
  Speaker 1: you can find growing narratives and ride those waves. Right,
• 8:26
  Speaker 1: Dog with hat as a pretty good one. It's an
• 8:29
  Speaker 1: example of that, right. So it's a hot salonamane coin.
• 8:31
  Speaker 1: It took a picture of dog to put a hat
• 8:33
  Speaker 1: on it. People got really excited about that and a
• 8:35
  Speaker 1: lot of people made a lot of money on that.
• 8:37
  Speaker 1: But it's a powerful coin with really high trading volume.
• 8:39
  Speaker 1: Traders love it, right, People love buying it, and so
• 8:43
  Speaker 1: it's one of those narratives that's got enough play that
• 8:46
  Speaker 1: it'll do well enough and will outperform versus Bitcoin certainly,
• 8:50
  Speaker 1: I mean from here to the top. And we were
• 8:53
  Speaker 1: talking about this. So if you're buying bitcoin today and
• 8:56
  Speaker 1: it's moving so fast. I mean I feel like yesterday
• 8:57
  Speaker 1: I was kind of charting out, like I get about
• 8:59
  Speaker 1: one hundred percent. Maybe I've got one to fifty from
• 9:02
  Speaker 1: today eighty five k. I mean, you don't got a
• 9:05
  Speaker 1: lot of juice left in the tank. I mean you do,
• 9:07
  Speaker 1: you do, right, But if you're if you're looking at
• 9:10
  Speaker 1: buying bitcoin today, or you hear this and bitcoins at
• 9:13
  Speaker 1: one hundred k or something like that, your upside from
• 9:16
  Speaker 1: that level is not super high. Right, So if you're
• 9:20
  Speaker 1: buying it at one hundred K, I'm going to sell
• 9:21
  Speaker 1: to one fifty fifty percent.
• 9:23
  Speaker 4: It's not bad.
• 9:24
  Speaker 1: Fifty percent is great, fantastic, right. Maybe you throw a
• 9:27
  Speaker 1: bit of leverage on there, make it it, you know,
• 9:29
  Speaker 1: a little bit bigger. But the reality is, if bitcoin
• 9:31
  Speaker 1: goes from one hundred k to one fifty K, a
• 9:34
  Speaker 1: lot of these alt coins in the similar amount of
• 9:36
  Speaker 1: time are going to do multi hundred percent gains.
• 9:40
  Speaker 4: Right.
• 9:40
  Speaker 1: So, if you're already riding the bitcoin wave, fantastic, big
• 9:43
  Speaker 1: bitcoin long term fan here, by the way, buying before
• 9:46
  Speaker 1: the breakout. But if you're looking for the late catchup plays,
• 9:51
  Speaker 1: it's not buying bitcoin, Okay. What happens in the market
• 9:55
  Speaker 1: is that the alt coin market tends to be a
• 9:57
  Speaker 1: few weeks behind the bitcoin move. So in Bitcoin gets
• 10:00
  Speaker 1: to one hundred or hundred ft k, we'll expect all
• 10:02
  Speaker 1: coins to surge dramatically in a few weeks after that happens.
• 10:05
  Speaker 4: So which ones here?
• 10:07
  Speaker 3: You're not a financial advisor, but bitcoin doesn't fall into that,
• 10:12
  Speaker 3: So we don't have to worry about personal advice or
• 10:14
  Speaker 3: anything else, because this is like saying, oh, well, I'm
• 10:18
  Speaker 3: going to go out and buy MS sixty four, sink
• 10:23
  Speaker 3: you Dan's gold coins. There's no financial advice here, So
• 10:27
  Speaker 3: what do you Which walt coins do you like?
• 10:29
  Speaker 4: Sure?
• 10:30
  Speaker 1: Absolutely so. There's a lot of great alt coins out there.
• 10:33
  Speaker 1: If you want to keep the risk lowing, I have
• 10:35
  Speaker 1: my second biggest position in my cryptoc grensport folows ethereum.
• 10:38
  Speaker 1: If you want to keep the risk relatively low for
• 10:41
  Speaker 1: crypto right, but have a chance to outperform versus Bitcoin
• 10:46
  Speaker 1: the stage and the market cycle, Ethereum's probably got a
• 10:48
  Speaker 1: two to one will outperform versus Bitcoin would be my guess.
• 10:53
  Speaker 4: Yeah, I would say so.
• 10:54
  Speaker 1: So if Bitcoin goes to hundred dyk, Ethereum goes to
• 10:59
  Speaker 1: ten or twelve k, and that's where is it right
• 11:02
  Speaker 1: around three thousand, two hundred three thousand greater bucks something like.
• 11:05
  Speaker 4: That, so little quintuple or quadruple somewhere around there. Yeah, exactly,
• 11:11
  Speaker 4: So what bitcoin is gonna double?
• 11:12
  Speaker 1: This could go up, you know, a bit more than that, right.
• 11:16
  Speaker 1: Other coins that I like are some of those ones
• 11:17
  Speaker 1: that I mentioned already, you know, the the hot layer
• 11:21
  Speaker 1: one block chains that are the new coins. They're shiny,
• 11:24
  Speaker 1: they're hot, they're new, they got the hot new tech.
• 11:26
  Speaker 1: Everyone's talking about them. There's a coins like aptose, coins
• 11:29
  Speaker 1: like Sweet, right, I own Aptose, not Sweet. They're pretty
• 11:33
  Speaker 1: similar to both out of the Facebook crypto experiment back
• 11:39
  Speaker 1: in the day and the teams. The US government shut
• 11:41
  Speaker 1: that down, but the team's left and then went off
• 11:43
  Speaker 1: and created these blockchains, so they've kind of got that
• 11:46
  Speaker 1: narrative working with them here as well. So these are
• 11:49
  Speaker 1: these are popular getting a lot of attention. I think
• 11:51
  Speaker 1: as well that you'll see. You know, I've currently got
• 11:54
  Speaker 1: a great dog with hat long ago, and that's fantastic,
• 11:58
  Speaker 1: but I think you'll see a lot of mean coins
• 11:59
  Speaker 1: continue to do really well. Look, if you are going
• 12:01
  Speaker 1: to go down the mean coin rabbit hole, I would say,
• 12:04
  Speaker 1: don't take undue risk, and you're going to take a
• 12:06
  Speaker 1: lot risk investing in a mean coin, right, realistically, wake up,
• 12:09
  Speaker 1: you realize what you're doing.
• 12:10
  Speaker 4: With your life, what you're doing that.
• 12:11
  Speaker 3: Okay, yeah, so you put one that I like a
• 12:15
  Speaker 3: tenth to one percent of your total crypto portfolio, five
• 12:19
  Speaker 3: percent maybe at the most.
• 12:21
  Speaker 1: Exactly look at total acid allocation. If you're some of
• 12:24
  Speaker 1: those five to ten percent of your total wealth in crypto, right,
• 12:28
  Speaker 1: then that's mostly should be in bitcoin and ethereum, maybe
• 12:31
  Speaker 1: Solana as well. And if all the rest of this stuff,
• 12:34
  Speaker 1: keep it very very small. Okay, don't take too much risk.
• 12:37
  Speaker 1: But I like Brett. Brett's a really interesting one. It's
• 12:40
  Speaker 1: the top mean coin right now on the coinbase base chain,
• 12:44
  Speaker 1: and I think it's got some potential to have have
• 12:46
  Speaker 1: a good run. It's it's well positioned as a leading
• 12:50
  Speaker 1: coin on Coinbase's blockchain essentially, so coinbased one hundred and
• 12:56
  Speaker 1: fifty million users globally, pretty committed to getting people on
• 12:59
  Speaker 1: chain with a new wall stuff like that. So I
• 13:00
  Speaker 1: feel just got that virality potential.
• 13:03
  Speaker 3: So you're thinking coin base huh, and hey, so let's
• 13:07
  Speaker 3: go back to you talked about Facebook.
• 13:09
  Speaker 4: Once upon a time, Facebook was.
• 13:11
  Speaker 3: Going to do their own crypto and then the Treasury
• 13:15
  Speaker 3: Department put the kybosh on it. I think it was
• 13:18
  Speaker 3: Jenny Yellen who did, in fact, and that was the
• 13:21
  Speaker 3: end of that. But now we have a pro crypto president,
• 13:26
  Speaker 3: and so not just Facebook but any company tesla. It's like,
• 13:32
  Speaker 3: why not put all your vendors and all of your
• 13:36
  Speaker 3: all the people you pay money too, and all the
• 13:38
  Speaker 3: people that pay you money, why not put them on
• 13:43
  Speaker 3: a coin and then, you know, because they can convert
• 13:47
  Speaker 3: that coin anytime they want to cash.
• 13:49
  Speaker 4: Maybe you make it a stable coin, but maybe not.
• 13:52
  Speaker 3: Do you encourage people to hold on to it if
• 13:55
  Speaker 3: they don't need the money and effectively invest their savings
• 13:58
  Speaker 3: in your coin. Then you gave him a coin that
• 14:01
  Speaker 3: you didn't have to actually pay out cash for. It's
• 14:05
  Speaker 3: technically a liability on your books. I think that's the
• 14:09
  Speaker 3: way the accounting code would do it. I think we
• 14:12
  Speaker 3: could see the largest corporations in the world, the Microsofts,
• 14:15
  Speaker 3: the Googles. You'd be crazy not to issue your own
• 14:20
  Speaker 3: coin exclusively for payments to your vendors, and then he
• 14:25
  Speaker 3: could convert almost for free.
• 14:27
  Speaker 4: Why not do it?
• 14:27
  Speaker 1: Look We're seeing a level of corporate adoption that's hard
• 14:30
  Speaker 1: to fathom in any of the stories that I'm just
• 14:32
  Speaker 1: going to give a few examples of here that if
• 14:34
  Speaker 1: any of this stuff had happened five years ago, it
• 14:36
  Speaker 1: would be game changing news. Now it's almost the footnote.
• 14:39
  Speaker 1: So Sony's building a layer two blockchain. So that's really bigness.
• 14:43
  Speaker 1: Sony one of the biggest, you know, electronics manufacturers in
• 14:45
  Speaker 1: the world, they're building a crypto chain. Black Rock of
• 14:48
  Speaker 1: course very famous to lunch in the bitcoin ETFs. But
• 14:50
  Speaker 1: beyond that, listen to Larry Fink. Listen what he talks about. Yeah,
• 14:53
  Speaker 1: he loves bitcoin.
• 14:54
  Speaker 4: Boy.
• 14:54
  Speaker 1: He's really excited about is the tokenization of literally everything.
• 14:57
  Speaker 1: He wants to bring all mark gets, all assets on chain. Okay,
• 15:03
  Speaker 1: remove the clearing houses, reduce friction, all that kind of stuff,
• 15:09
  Speaker 1: and BlackRock's going to be right at the center of that.
• 15:12
  Speaker 4: Okay.
• 15:12
  Speaker 1: We're seeing some of the biggest banks the world bringing
• 15:14
  Speaker 1: bonds and stuff on chain. We're seeing country launching stable coins.
• 15:19
  Speaker 1: The UAE just launched them. Em Roddy Dearham stable coin. Microsoft.
• 15:25
  Speaker 1: Speaking of Microsoft, they are looking at a shareholder vote
• 15:29
  Speaker 1: to add bitcoin to their reserves because they're sitting one
• 15:33
  Speaker 1: hundreds of billions dollars of cash which is being debased
• 15:35
  Speaker 1: and losing values, So why not add some bitcoin. I
• 15:38
  Speaker 1: don't know if that's vote's going to pass, but the
• 15:40
  Speaker 1: fact that they're voting on it is massive in of itself.
• 15:43
  Speaker 1: So yeah, we're going to see increasing adoption from corporations
• 15:46
  Speaker 1: right across board, whether it's buying bitcoin, launching products, launching services,
• 15:50
  Speaker 1: are launching their own chains. The next ten years probably
• 15:54
  Speaker 1: in the market are probably going to be They're really
• 15:56
  Speaker 1: the golden age of the cryptocurrency asset class we've gone past.
• 16:00
  Speaker 1: Is this a serious investment class or not? Black Rock
• 16:03
  Speaker 1: broke that open. Now we're in the it's a serious
• 16:05
  Speaker 1: investment asset class. You usually be paying attention to it
• 16:07
  Speaker 1: in the next ten years. Everybody scrambling to get a
• 16:09
  Speaker 1: piece of the pie and have their strategy launch.
• 16:11
  Speaker 4: The products agreed.
• 16:14
  Speaker 3: So a company like Apple, and honestly, I don't think
• 16:17
  Speaker 3: Microsoft really needed to take that shareholder vote. I think
• 16:21
  Speaker 3: it's more posturing and signaling to the market where they're heading.
• 16:27
  Speaker 3: A company like Apple, it's like you can we'll pay
• 16:32
  Speaker 3: you in cash if you want, or we'll pay you
• 16:34
  Speaker 3: one hundred and one and a half percent in an
• 16:37
  Speaker 3: apple coin, right, So you're a vendor Apple, you'd be
• 16:41
  Speaker 3: crazy not to take it because instantly up your profit margin.
• 16:47
  Speaker 3: But if it's a coin that could prove in value,
• 16:53
  Speaker 3: then you hold on to it whatever you don't need,
• 16:56
  Speaker 3: or you take the one hundred and you convert it
• 16:58
  Speaker 3: and you leave the one and a half percent there,
• 17:01
  Speaker 3: so you give your your vendors incentives to retain the
• 17:05
  Speaker 3: coin and to get paid it right, right, I mean
• 17:10
  Speaker 3: it sounds like the greatest thing ever because even with
• 17:13
  Speaker 3: if rates stay high, relatively high, every day that they
• 17:17
  Speaker 3: don't convert it, you're making money on the float.
• 17:22
  Speaker 4: That's it. That's it. Absolutely, it's very very true.
• 17:26
  Speaker 1: You know, we're going to see a lot of this,
• 17:28
  Speaker 1: whether it's loyalty points or stable coins launched by I
• 17:32
  Speaker 1: mean we have PayPal, they launched a stable coin rate,
• 17:35
  Speaker 1: or whether it's just apple Coin. It's all coming, it's
• 17:38
  Speaker 1: all coming. Tim Cook has signaled that he's a fan
• 17:40
  Speaker 1: of he holds Bitcoin and ethereum. Right, Apples spend the
• 17:44
  Speaker 1: sort of will they won't they for a long time,
• 17:46
  Speaker 1: and they've made some pos of steps, but it's all
• 17:49
  Speaker 1: gonna happen. I one hundred percent think something like that's
• 17:52
  Speaker 1: gonna happen, and a lot of these big corporations will
• 17:54
  Speaker 1: go down that route.
• 17:55
  Speaker 3: All right, Well, hey, appreciate you coming on. Just tell
• 17:59
  Speaker 3: us how do we connect with you on the web.
• 18:00
  Speaker 3: Where do we find you at?
• 18:02
  Speaker 1: Absolutely come come find out X. Come find on YouTube
• 18:05
  Speaker 1: Lark Davis. Make sure it's the verified accounts of course,
• 18:07
  Speaker 1: and come check out our newsletter, The Wealthmastery. I can
• 18:10
  Speaker 1: find at the Wealthmastery dot I one hundred and forty
• 18:12
  Speaker 1: five thousand people week reading this bad boy.
• 18:14
  Speaker 4: I'm one of them. I'm one of them.
• 18:17
  Speaker 3: I catch it every time I can and appreciate you
• 18:20
  Speaker 3: coming on. Got a question for Lark or me? Email
• 18:23
  Speaker 3: kl at Carrie LUTs dot com and you'll find link
• 18:27
  Speaker 3: to Lark's site on Financial Survival Network dot com.
• 18:31
  Speaker 4: Just go there.
• 18:32
  Speaker 3: While you're there, please sign up for your free newsletter.
• 18:34
  Speaker 3: We got fifty thousand subs now Lark and we're following
• 18:38
  Speaker 3: in your footsteps.
• 18:39
  Speaker 4: Fantastic.
• 18:40
  Speaker 2: Well done, Thanks for listening to Carrie Letz's Financial Survival
• 18:44
  Speaker 2: Network your solution to today's trying times. For the latest,
• 18:48
  Speaker 2: go to Financial Survival Network dot com. Financial survival network
• 18:53
  Speaker 2: now more than ever