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[Music]

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[Music]
 

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[Music]
this is category 5 community coffee

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this is category 5 community coffee
 

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this is category 5 community coffee
break

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break
 

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break
good afternoon or good morning or

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good afternoon or good morning or
 

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good afternoon or good morning or
wherever it is in your time zone

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wherever it is in your time zone
 

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wherever it is in your time zone
i'm bp 9 and

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i'm bp 9 and
 

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i'm bp 9 and
on my view at least to my

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on my view at least to my
 

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on my view at least to my
this side is is doug and then

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this side is is doug and then
 

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this side is is doug and then
below him thanks doug for the wave below

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below him thanks doug for the wave below
 

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below him thanks doug for the wave below
him is peter

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him is peter
 

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him is peter
give us away pete thank you sir

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give us away pete thank you sir
 

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give us away pete thank you sir
and then down here is sobu give us a

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and then down here is sobu give us a
 

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and then down here is sobu give us a
wave sober oh that'll work

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wave sober oh that'll work
 

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wave sober oh that'll work
coffee will work yeah absolutely i was

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coffee will work yeah absolutely i was
 

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coffee will work yeah absolutely i was
um

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um
 

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um
chatting with um uh with you dough

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chatting with um uh with you dough
 

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chatting with um uh with you dough
before we got started

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before we got started
 

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before we got started
and hello to your cat i see him there uh

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and hello to your cat i see him there uh
 

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and hello to your cat i see him there uh
in your lap i see the ears poking up

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in your lap i see the ears poking up
 

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in your lap i see the ears poking up
into the picture right there so

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into the picture right there so
 

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into the picture right there so
he or she may make a is she or she is

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he or she may make a is she or she is
 

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he or she may make a is she or she is
that right

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she's a she nice this is maddie there

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she's a she nice this is maddie there
 

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she's a she nice this is maddie there
she is

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she is
 

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she is
hi ah rump it's here good

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hi ah rump it's here good
 

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hi ah rump it's here good
we have questions maybe he'll have

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we have questions maybe he'll have
 

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we have questions maybe he'll have
answers

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answers
 

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answers
jolly good so good i'm looking for

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jolly good so good i'm looking for
 

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jolly good so good i'm looking for
that's that's excellent i wasn't sure if

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that's that's excellent i wasn't sure if
 

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that's that's excellent i wasn't sure if
he was gonna make it this week

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he was gonna make it this week
 

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he was gonna make it this week
hello sir robert how are you sir

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hello sir robert how are you sir
 

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hello sir robert how are you sir
uh-oh he can't hear us

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uh-oh he can't hear us
 

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uh-oh he can't hear us
hello robert do you hear us yeah hi

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hello robert do you hear us yeah hi
 

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hello robert do you hear us yeah hi
hello hello welcome

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hello hello welcome
 

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hello hello welcome
welcome it's been some time

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welcome it's been some time
 

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welcome it's been some time
i i am i'm so sorry that uh that we're

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i i am i'm so sorry that uh that we're
 

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i i am i'm so sorry that uh that we're
missing with your

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missing with your
 

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missing with your
uh with your other appointment i did not

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uh with your other appointment i did not
 

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uh with your other appointment i did not
mean to do that

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mean to do that
 

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mean to do that
no don't worry dory absolutely seriously

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no don't worry dory absolutely seriously
 

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no don't worry dory absolutely seriously
don't worry

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don't worry
 

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don't worry
okay good okay so i have questions

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okay good okay so i have questions
 

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okay good okay so i have questions
and i'm sure the rest of the crowd does

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and i'm sure the rest of the crowd does
 

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and i'm sure the rest of the crowd does
too so uh

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too so uh
 

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too so uh
let me if you don't mind i'll start with

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let me if you don't mind i'll start with
 

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let me if you don't mind i'll start with
the questions

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the questions
 

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the questions
and then if anyone else wants to throw

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and then if anyone else wants to throw
 

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and then if anyone else wants to throw
some questions in we can do that

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some questions in we can do that
 

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some questions in we can do that
okay so primary oh

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okay so primary oh
 

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okay so primary oh
you're hanging out outside oh my i

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you're hanging out outside oh my i
 

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you're hanging out outside oh my i
thought it was

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thought it was
 

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thought it was
i thought it was pretty rainy out there

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i thought it was pretty rainy out there
 

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i thought it was pretty rainy out there
and i wasn't sure if um

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and i wasn't sure if um
 

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and i wasn't sure if um
no it's been we had fantastic weather

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no it's been we had fantastic weather
 

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no it's been we had fantastic weather
uh here so it's a little bit overcast

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uh here so it's a little bit overcast
 

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uh here so it's a little bit overcast
but

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but
 

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but
not too bad very nice

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not too bad very nice
 

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not too bad very nice
so my questions primarily revolve around

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so my questions primarily revolve around
 

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so my questions primarily revolve around
the everyday uses

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the everyday uses
 

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the everyday uses
of bitcoin um and

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of bitcoin um and
 

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of bitcoin um and
the sorts of questions i have are

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the sorts of questions i have are
 

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the sorts of questions i have are
related around the

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related around the
 

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related around the
wallets um for instance i i don't have

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wallets um for instance i i don't have
 

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wallets um for instance i i don't have
any bitcoin and i

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any bitcoin and i
 

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any bitcoin and i
i you know i don't know if i'm going to

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i you know i don't know if i'm going to
 

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i you know i don't know if i'm going to
invest or anything like that

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invest or anything like that
 

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invest or anything like that
but when i first saw it my first thought

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but when i first saw it my first thought
 

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but when i first saw it my first thought
was

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was
 

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was
yeah this would be an excellent everyday

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yeah this would be an excellent everyday
 

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yeah this would be an excellent everyday
use currency something you would

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use currency something you would
 

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use currency something you would
normally use

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normally use
 

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normally use
for cat you know instead of cash but

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for cat you know instead of cash but
 

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for cat you know instead of cash but
um i'm not sure that i'm seeing

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um i'm not sure that i'm seeing
 

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um i'm not sure that i'm seeing
any particular um um

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any particular um um
 

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any particular um um
i'm not sure that i'm seeing widespread

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i'm not sure that i'm seeing widespread
 

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i'm not sure that i'm seeing widespread
use of it it seems to be used more and

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use of it it seems to be used more and
 

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use of it it seems to be used more and
more for

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more for
 

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more for
an investment type

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an investment type
 

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an investment type
for an investment type

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vehicle rather than for day-to-day use

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vehicle rather than for day-to-day use
 

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vehicle rather than for day-to-day use
yeah would you like to throw some

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yeah would you like to throw some
 

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yeah would you like to throw some
comments in there

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comments in there
 

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comments in there
yeah that you're absolutely right i mean

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yeah that you're absolutely right i mean
 

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yeah that you're absolutely right i mean
the initial setup of bitcoin was

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the initial setup of bitcoin was
 

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the initial setup of bitcoin was
that it was uh meant to buy a cup of

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that it was uh meant to buy a cup of
 

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that it was uh meant to buy a cup of
coffee

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coffee
 

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coffee
as you are drinking one right all right

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as you are drinking one right all right
 

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as you are drinking one right all right
so it is coffee break after all

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so it is coffee break after all
 

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so it is coffee break after all
yeah it's a as a monetary

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yeah it's a as a monetary
 

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yeah it's a as a monetary
uh value but that has changed

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uh value but that has changed
 

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uh value but that has changed
significantly so

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significantly so
 

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significantly so
bitcoin is exclusively now um

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bitcoin is exclusively now um
 

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bitcoin is exclusively now um
store value so nobody's using it to buy

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store value so nobody's using it to buy
 

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store value so nobody's using it to buy
something i mean you can buy a house for

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something i mean you can buy a house for
 

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something i mean you can buy a house for
example or

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example or
 

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example or
a car with bitcoin but nobody else

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a car with bitcoin but nobody else
 

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a car with bitcoin but nobody else
does use it on a day-to-day database

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does use it on a day-to-day database
 

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does use it on a day-to-day database
it's because of value yeah one bitcoin

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it's because of value yeah one bitcoin
 

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it's because of value yeah one bitcoin
is 32 000 us dollars

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is 32 000 us dollars
 

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is 32 000 us dollars
right and also every transaction on the

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right and also every transaction on the
 

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right and also every transaction on the
bitcoin blockchain

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bitcoin blockchain
 

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bitcoin blockchain
is around seven to twenty dollars so

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is around seven to twenty dollars so
 

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is around seven to twenty dollars so
a cup of coffee that costs two dollars

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a cup of coffee that costs two dollars
 

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a cup of coffee that costs two dollars
will cost you twenty two dollars because

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will cost you twenty two dollars because
 

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will cost you twenty two dollars because
of the

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of the
 

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of the
of the fees now having said that there

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of the fees now having said that there
 

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of the fees now having said that there
are two solutions

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are two solutions
 

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are two solutions
that run parallel one is to use a credit

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that run parallel one is to use a credit
 

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that run parallel one is to use a credit
card type of scenario so they're

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card type of scenario so they're
 

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card type of scenario so they're
companies

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companies
 

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companies
where you deposit the bitcoin and

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where you deposit the bitcoin and
 

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where you deposit the bitcoin and
they are still yours and you have got a

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they are still yours and you have got a
 

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they are still yours and you have got a
credit card

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credit card
 

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credit card
and you pay with a credit card and at

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and you pay with a credit card and at
 

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and you pay with a credit card and at
that moment they deduct then

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that moment they deduct then
 

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that moment they deduct then
the lower value uh so the two dollars

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the lower value uh so the two dollars
 

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the lower value uh so the two dollars
like

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like
 

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like
through the visa network from your

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through the visa network from your
 

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through the visa network from your
credit card

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credit card
 

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credit card
from your bitcoin account yeah so that's

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from your bitcoin account yeah so that's
 

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from your bitcoin account yeah so that's
one way how to use it

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one way how to use it
 

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one way how to use it
and the other one but the problem with

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and the other one but the problem with
 

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and the other one but the problem with
that is that you're

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that is that you're
 

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that is that you're
you're still relying on someone else to

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you're still relying on someone else to
 

249
00:04:44,000 --> 00:04:45,909
you're still relying on someone else to
actually transfer the funds

250
00:04:45,909 --> 00:04:45,919
actually transfer the funds
 

251
00:04:45,919 --> 00:04:48,870
actually transfer the funds
in this case yeah and the whole point is

252
00:04:48,870 --> 00:04:48,880
in this case yeah and the whole point is
 

253
00:04:48,880 --> 00:04:49,749
in this case yeah and the whole point is
that that wasn't

254
00:04:49,749 --> 00:04:49,759
that that wasn't
 

255
00:04:49,759 --> 00:04:52,870
that that wasn't
really the vision for bitcoin right

256
00:04:52,870 --> 00:04:52,880
really the vision for bitcoin right
 

257
00:04:52,880 --> 00:04:55,189
really the vision for bitcoin right
yeah but those those times have changed

258
00:04:55,189 --> 00:04:55,199
yeah but those those times have changed
 

259
00:04:55,199 --> 00:04:56,469
yeah but those those times have changed
so

260
00:04:56,469 --> 00:04:56,479
so
 

261
00:04:56,479 --> 00:04:58,390
so
it's now the old world mixing a little

262
00:04:58,390 --> 00:04:58,400
it's now the old world mixing a little
 

263
00:04:58,400 --> 00:04:59,909
it's now the old world mixing a little
bit with a new world

264
00:04:59,909 --> 00:04:59,919
bit with a new world
 

265
00:04:59,919 --> 00:05:03,749
bit with a new world
so this libertarian ideal of creating

266
00:05:03,749 --> 00:05:03,759
so this libertarian ideal of creating
 

267
00:05:03,759 --> 00:05:07,590
so this libertarian ideal of creating
a global currency that everybody can use

268
00:05:07,590 --> 00:05:07,600
a global currency that everybody can use
 

269
00:05:07,600 --> 00:05:09,350
a global currency that everybody can use
there are alternatives that are much

270
00:05:09,350 --> 00:05:09,360
there are alternatives that are much
 

271
00:05:09,360 --> 00:05:10,710
there are alternatives that are much
better than bitcoin

272
00:05:10,710 --> 00:05:10,720
better than bitcoin
 

273
00:05:10,720 --> 00:05:12,790
better than bitcoin
and also bitcoin created a so-called

274
00:05:12,790 --> 00:05:12,800
and also bitcoin created a so-called
 

275
00:05:12,800 --> 00:05:14,629
and also bitcoin created a so-called
second layer

276
00:05:14,629 --> 00:05:14,639
second layer
 

277
00:05:14,639 --> 00:05:17,990
second layer
that is a layer above

278
00:05:17,990 --> 00:05:18,000
that is a layer above
 

279
00:05:18,000 --> 00:05:20,070
that is a layer above
bitcoin which is called the lightning

280
00:05:20,070 --> 00:05:20,080
bitcoin which is called the lightning
 

281
00:05:20,080 --> 00:05:21,430
bitcoin which is called the lightning
network

282
00:05:21,430 --> 00:05:21,440
network
 

283
00:05:21,440 --> 00:05:23,430
network
which is currently still in development

284
00:05:23,430 --> 00:05:23,440
which is currently still in development
 

285
00:05:23,440 --> 00:05:25,990
which is currently still in development
but there you can use it and to buy

286
00:05:25,990 --> 00:05:26,000
but there you can use it and to buy
 

287
00:05:26,000 --> 00:05:28,390
but there you can use it and to buy
a cup of coffee so there is no problem

288
00:05:28,390 --> 00:05:28,400
a cup of coffee so there is no problem
 

289
00:05:28,400 --> 00:05:29,029
a cup of coffee so there is no problem
to use

290
00:05:29,029 --> 00:05:29,039
to use
 

291
00:05:29,039 --> 00:05:31,749
to use
the bitcoin to to buy a cup of coffee

292
00:05:31,749 --> 00:05:31,759
the bitcoin to to buy a cup of coffee
 

293
00:05:31,759 --> 00:05:33,270
the bitcoin to to buy a cup of coffee
through the lightning network

294
00:05:33,270 --> 00:05:33,280
through the lightning network
 

295
00:05:33,280 --> 00:05:34,870
through the lightning network
but then the vendor has to be and that

296
00:05:34,870 --> 00:05:34,880
but then the vendor has to be and that
 

297
00:05:34,880 --> 00:05:36,629
but then the vendor has to be and that
will happen yeah

298
00:05:36,629 --> 00:05:36,639
will happen yeah
 

299
00:05:36,639 --> 00:05:39,350
will happen yeah
so the fees there are then again 10

300
00:05:39,350 --> 00:05:39,360
so the fees there are then again 10
 

301
00:05:39,360 --> 00:05:40,629
so the fees there are then again 10
cents or even less than

302
00:05:40,629 --> 00:05:40,639
cents or even less than
 

303
00:05:40,639 --> 00:05:42,469
cents or even less than
that for a cup of coffee and it's

304
00:05:42,469 --> 00:05:42,479
that for a cup of coffee and it's
 

305
00:05:42,479 --> 00:05:44,070
that for a cup of coffee and it's
immediate yeah in the case of bitcoin

306
00:05:44,070 --> 00:05:44,080
immediate yeah in the case of bitcoin
 

307
00:05:44,080 --> 00:05:45,830
immediate yeah in the case of bitcoin
you have to wait 10 minutes

308
00:05:45,830 --> 00:05:45,840
you have to wait 10 minutes
 

309
00:05:45,840 --> 00:05:49,189
you have to wait 10 minutes
minimum to have a confirmation uh and

310
00:05:49,189 --> 00:05:49,199
minimum to have a confirmation uh and
 

311
00:05:49,199 --> 00:05:52,150
minimum to have a confirmation uh and
with a lightning network it's immediate

312
00:05:52,150 --> 00:05:52,160
with a lightning network it's immediate
 

313
00:05:52,160 --> 00:05:53,270
with a lightning network it's immediate
okay

314
00:05:53,270 --> 00:05:53,280
okay
 

315
00:05:53,280 --> 00:05:55,510
okay
what was the excuse me what was the

316
00:05:55,510 --> 00:05:55,520
what was the excuse me what was the
 

317
00:05:55,520 --> 00:05:57,990
what was the excuse me what was the
other scenario before i interrupted you

318
00:05:57,990 --> 00:05:58,000
other scenario before i interrupted you
 

319
00:05:58,000 --> 00:06:00,469
other scenario before i interrupted you
you mentioned one scenario yeah the

320
00:06:00,469 --> 00:06:00,479
you mentioned one scenario yeah the
 

321
00:06:00,479 --> 00:06:01,590
you mentioned one scenario yeah the
credit card

322
00:06:01,590 --> 00:06:01,600
credit card
 

323
00:06:01,600 --> 00:06:06,790
credit card
was okay okay so

324
00:06:06,790 --> 00:06:06,800
was okay okay so
 

325
00:06:06,800 --> 00:06:09,670
was okay okay so
so my experience with with bitcoin

326
00:06:09,670 --> 00:06:09,680
so my experience with with bitcoin
 

327
00:06:09,680 --> 00:06:10,390
so my experience with with bitcoin
wallets

328
00:06:10,390 --> 00:06:10,400
wallets
 

329
00:06:10,400 --> 00:06:14,230
wallets
is that they tend to

330
00:06:14,230 --> 00:06:14,240
is that they tend to
 

331
00:06:14,240 --> 00:06:15,990
is that they tend to
yeah the bitcoin wallet that i

332
00:06:15,990 --> 00:06:16,000
yeah the bitcoin wallet that i
 

333
00:06:16,000 --> 00:06:19,029
yeah the bitcoin wallet that i
downloaded many many years ago

334
00:06:19,029 --> 00:06:19,039
downloaded many many years ago
 

335
00:06:19,039 --> 00:06:21,110
downloaded many many years ago
downloaded like 40 gigabytes of

336
00:06:21,110 --> 00:06:21,120
downloaded like 40 gigabytes of
 

337
00:06:21,120 --> 00:06:22,309
downloaded like 40 gigabytes of
blockchain data

338
00:06:22,309 --> 00:06:22,319
blockchain data
 

339
00:06:22,319 --> 00:06:24,950
blockchain data
in order to in order to make it work and

340
00:06:24,950 --> 00:06:24,960
in order to in order to make it work and
 

341
00:06:24,960 --> 00:06:27,350
in order to in order to make it work and
the whole idea was that the

342
00:06:27,350 --> 00:06:27,360
the whole idea was that the
 

343
00:06:27,360 --> 00:06:31,270
the whole idea was that the
um that the blockchain

344
00:06:31,270 --> 00:06:31,280
um that the blockchain
 

345
00:06:31,280 --> 00:06:33,670
um that the blockchain
every node was supposed to verify the

346
00:06:33,670 --> 00:06:33,680
every node was supposed to verify the
 

347
00:06:33,680 --> 00:06:35,029
every node was supposed to verify the
blockchain

348
00:06:35,029 --> 00:06:35,039
blockchain
 

349
00:06:35,039 --> 00:06:38,870
blockchain
um i'm i'm i'm guessing that's also

350
00:06:38,870 --> 00:06:38,880
um i'm i'm i'm guessing that's also
 

351
00:06:38,880 --> 00:06:42,550
um i'm i'm i'm guessing that's also
changed quite a bit as well yeah i would

352
00:06:42,550 --> 00:06:42,560
changed quite a bit as well yeah i would
 

353
00:06:42,560 --> 00:06:45,350
changed quite a bit as well yeah i would
yeah that's true i mean if you're true

354
00:06:45,350 --> 00:06:45,360
yeah that's true i mean if you're true
 

355
00:06:45,360 --> 00:06:46,230
yeah that's true i mean if you're true
bitcoiner

356
00:06:46,230 --> 00:06:46,240
bitcoiner
 

357
00:06:46,240 --> 00:06:48,870
bitcoiner
then you have got your full node uh with

358
00:06:48,870 --> 00:06:48,880
then you have got your full node uh with
 

359
00:06:48,880 --> 00:06:49,350
then you have got your full node uh with
you

360
00:06:49,350 --> 00:06:49,360
you
 

361
00:06:49,360 --> 00:06:52,150
you
and the wallet is on the full node but

362
00:06:52,150 --> 00:06:52,160
and the wallet is on the full node but
 

363
00:06:52,160 --> 00:06:53,510
and the wallet is on the full node but
that has changed because people don't

364
00:06:53,510 --> 00:06:53,520
that has changed because people don't
 

365
00:06:53,520 --> 00:06:54,550
that has changed because people don't
want to wait

366
00:06:54,550 --> 00:06:54,560
want to wait
 

367
00:06:54,560 --> 00:06:57,909
want to wait
uh several hours until the they're

368
00:06:57,909 --> 00:06:57,919
uh several hours until the they're
 

369
00:06:57,919 --> 00:07:01,670
uh several hours until the they're
synced no so

370
00:07:01,670 --> 00:07:01,680

 

371
00:07:01,680 --> 00:07:04,629

yeah so like you have got let's say

372
00:07:04,629 --> 00:07:04,639
yeah so like you have got let's say
 

373
00:07:04,639 --> 00:07:06,870
yeah so like you have got let's say
software wallet or hardware wallet

374
00:07:06,870 --> 00:07:06,880
software wallet or hardware wallet
 

375
00:07:06,880 --> 00:07:09,430
software wallet or hardware wallet
and then the vendor like let's say an

376
00:07:09,430 --> 00:07:09,440
and then the vendor like let's say an
 

377
00:07:09,440 --> 00:07:10,070
and then the vendor like let's say an
example

378
00:07:10,070 --> 00:07:10,080
example
 

379
00:07:10,080 --> 00:07:13,270
example
trezor is a vendor that that vendor then

380
00:07:13,270 --> 00:07:13,280
trezor is a vendor that that vendor then
 

381
00:07:13,280 --> 00:07:16,309
trezor is a vendor that that vendor then
has got the full node for you so you're

382
00:07:16,309 --> 00:07:16,319
has got the full node for you so you're
 

383
00:07:16,319 --> 00:07:17,830
has got the full node for you so you're
relying on them

384
00:07:17,830 --> 00:07:17,840
relying on them
 

385
00:07:17,840 --> 00:07:19,430
relying on them
which is okay because if they do

386
00:07:19,430 --> 00:07:19,440
which is okay because if they do
 

387
00:07:19,440 --> 00:07:21,350
which is okay because if they do
something wrong then

388
00:07:21,350 --> 00:07:21,360
something wrong then
 

389
00:07:21,360 --> 00:07:23,749
something wrong then
um they would be dead immediately

390
00:07:23,749 --> 00:07:23,759
um they would be dead immediately
 

391
00:07:23,759 --> 00:07:24,629
um they would be dead immediately
because nobody would

392
00:07:24,629 --> 00:07:24,639
because nobody would
 

393
00:07:24,639 --> 00:07:27,189
because nobody would
would use them anymore so but but that

394
00:07:27,189 --> 00:07:27,199
would use them anymore so but but that
 

395
00:07:27,199 --> 00:07:28,950
would use them anymore so but but that
you have to download and sync

396
00:07:28,950 --> 00:07:28,960
you have to download and sync
 

397
00:07:28,960 --> 00:07:30,950
you have to download and sync
with with bitcoin that's not the case

398
00:07:30,950 --> 00:07:30,960
with with bitcoin that's not the case
 

399
00:07:30,960 --> 00:07:32,150
with with bitcoin that's not the case
anymore

400
00:07:32,150 --> 00:07:32,160
anymore
 

401
00:07:32,160 --> 00:07:35,350
anymore
okay yeah you've got full nodes and then

402
00:07:35,350 --> 00:07:35,360
okay yeah you've got full nodes and then
 

403
00:07:35,360 --> 00:07:38,390
okay yeah you've got full nodes and then
uh small nodes and and sometimes you

404
00:07:38,390 --> 00:07:38,400
uh small nodes and and sometimes you
 

405
00:07:38,400 --> 00:07:40,070
uh small nodes and and sometimes you
don't even have that

406
00:07:40,070 --> 00:07:40,080
don't even have that
 

407
00:07:40,080 --> 00:07:44,150
don't even have that
i know that my um my android wallet i

408
00:07:44,150 --> 00:07:44,160
i know that my um my android wallet i
 

409
00:07:44,160 --> 00:07:46,309
i know that my um my android wallet i
used to have an android wallet i

410
00:07:46,309 --> 00:07:46,319
used to have an android wallet i
 

411
00:07:46,319 --> 00:07:49,110
used to have an android wallet i
guess i still do if i remember the the

412
00:07:49,110 --> 00:07:49,120
guess i still do if i remember the the
 

413
00:07:49,120 --> 00:07:50,230
guess i still do if i remember the the
private key

414
00:07:50,230 --> 00:07:50,240
private key
 

415
00:07:50,240 --> 00:07:52,869
private key
the passcode for the private key there's

416
00:07:52,869 --> 00:07:52,879
the passcode for the private key there's
 

417
00:07:52,879 --> 00:07:55,029
the passcode for the private key there's
no bitcoins in it so i'm not that

418
00:07:55,029 --> 00:07:55,039
no bitcoins in it so i'm not that
 

419
00:07:55,039 --> 00:07:55,909
no bitcoins in it so i'm not that
worried

420
00:07:55,909 --> 00:07:55,919
worried
 

421
00:07:55,919 --> 00:07:58,550
worried
but um so i'm not in the i'm not in the

422
00:07:58,550 --> 00:07:58,560
but um so i'm not in the i'm not in the
 

423
00:07:58,560 --> 00:08:00,469
but um so i'm not in the i'm not in the
position of the poor fellow who

424
00:08:00,469 --> 00:08:00,479
position of the poor fellow who
 

425
00:08:00,479 --> 00:08:03,830
position of the poor fellow who
took or who who left his um uh uh

426
00:08:03,830 --> 00:08:03,840
took or who who left his um uh uh
 

427
00:08:03,840 --> 00:08:05,670
took or who who left his um uh uh
jacked his hard drive out into the

428
00:08:05,670 --> 00:08:05,680
jacked his hard drive out into the
 

429
00:08:05,680 --> 00:08:07,350
jacked his hard drive out into the
landfill with uh

430
00:08:07,350 --> 00:08:07,360
landfill with uh
 

431
00:08:07,360 --> 00:08:09,670
landfill with uh
you know 50 bitcoins or something like

432
00:08:09,670 --> 00:08:09,680
you know 50 bitcoins or something like
 

433
00:08:09,680 --> 00:08:11,510
you know 50 bitcoins or something like
that yeah i think it was

434
00:08:11,510 --> 00:08:11,520
that yeah i think it was
 

435
00:08:11,520 --> 00:08:14,629
that yeah i think it was
several several uh

436
00:08:14,629 --> 00:08:14,639
several several uh
 

437
00:08:14,639 --> 00:08:18,070
several several uh
millions of bitcoins yeah 200 million

438
00:08:18,070 --> 00:08:18,080
millions of bitcoins yeah 200 million
 

439
00:08:18,080 --> 00:08:19,909
millions of bitcoins yeah 200 million
u.s dollars

440
00:08:19,909 --> 00:08:19,919
u.s dollars
 

441
00:08:19,919 --> 00:08:31,589
u.s dollars
wow that is nuts

442
00:08:31,589 --> 00:08:31,599

 

443
00:08:31,599 --> 00:08:34,790

i cannot imagine that would be

444
00:08:34,790 --> 00:08:34,800
i cannot imagine that would be
 

445
00:08:34,800 --> 00:08:37,750
i cannot imagine that would be
but then again i mean the point is it's

446
00:08:37,750 --> 00:08:37,760
but then again i mean the point is it's
 

447
00:08:37,760 --> 00:08:38,469
but then again i mean the point is it's
currency

448
00:08:38,469 --> 00:08:38,479
currency
 

449
00:08:38,479 --> 00:08:41,829
currency
um well it's digital currency yeah

450
00:08:41,829 --> 00:08:41,839
um well it's digital currency yeah
 

451
00:08:41,839 --> 00:08:44,790
um well it's digital currency yeah
it's it's backed by more trust than i

452
00:08:44,790 --> 00:08:44,800
it's it's backed by more trust than i
 

453
00:08:44,800 --> 00:08:46,710
it's it's backed by more trust than i
think even the us dollar is at this

454
00:08:46,710 --> 00:08:46,720
think even the us dollar is at this
 

455
00:08:46,720 --> 00:08:47,670
think even the us dollar is at this
point right

456
00:08:47,670 --> 00:08:47,680
point right
 

457
00:08:47,680 --> 00:08:49,990
point right
absolutely that's one thing and it's

458
00:08:49,990 --> 00:08:50,000
absolutely that's one thing and it's
 

459
00:08:50,000 --> 00:08:50,790
absolutely that's one thing and it's
also

460
00:08:50,790 --> 00:08:50,800
also
 

461
00:08:50,800 --> 00:08:52,949
also
by far more secure than any other thing

462
00:08:52,949 --> 00:08:52,959
by far more secure than any other thing
 

463
00:08:52,959 --> 00:08:54,949
by far more secure than any other thing
that is out there

464
00:08:54,949 --> 00:08:54,959
that is out there
 

465
00:08:54,959 --> 00:08:57,590
that is out there
because of the of the blockchain and

466
00:08:57,590 --> 00:08:57,600
because of the of the blockchain and
 

467
00:08:57,600 --> 00:08:59,190
because of the of the blockchain and
would you say that is true of

468
00:08:59,190 --> 00:08:59,200
would you say that is true of
 

469
00:08:59,200 --> 00:09:02,550
would you say that is true of
of any cryptocurrency i mean no no no

470
00:09:02,550 --> 00:09:02,560
of any cryptocurrency i mean no no no
 

471
00:09:02,560 --> 00:09:05,590
of any cryptocurrency i mean no no no
if bitcoin if bitcoin was uh

472
00:09:05,590 --> 00:09:05,600
if bitcoin if bitcoin was uh
 

473
00:09:05,600 --> 00:09:07,990
if bitcoin if bitcoin was uh
running out like i was i was doing a

474
00:09:07,990 --> 00:09:08,000
running out like i was i was doing a
 

475
00:09:08,000 --> 00:09:10,870
running out like i was i was doing a
little bit of research before the um

476
00:09:10,870 --> 00:09:10,880
little bit of research before the um
 

477
00:09:10,880 --> 00:09:13,910
little bit of research before the um
uh before the coffee break started and

478
00:09:13,910 --> 00:09:13,920
uh before the coffee break started and
 

479
00:09:13,920 --> 00:09:14,470
uh before the coffee break started and
if

480
00:09:14,470 --> 00:09:14,480
if
 

481
00:09:14,480 --> 00:09:17,829
if
bitcoins are you know run out in what is

482
00:09:17,829 --> 00:09:17,839
bitcoins are you know run out in what is
 

483
00:09:17,839 --> 00:09:20,710
bitcoins are you know run out in what is
it 21

484
00:09:20,710 --> 00:09:20,720

 

485
00:09:20,720 --> 00:09:24,870

stand by just one second here

486
00:09:24,870 --> 00:09:24,880

 

487
00:09:24,880 --> 00:09:28,790

oh you did the wrong person

488
00:09:28,790 --> 00:09:28,800
oh you did the wrong person
 

489
00:09:28,800 --> 00:09:32,710
oh you did the wrong person
yeah just because uh

490
00:09:32,710 --> 00:09:32,720
yeah just because uh
 

491
00:09:32,720 --> 00:09:35,110
yeah just because uh
peter was um i'm sorry doug you're gonna

492
00:09:35,110 --> 00:09:35,120
peter was um i'm sorry doug you're gonna
 

493
00:09:35,120 --> 00:09:37,590
peter was um i'm sorry doug you're gonna
have to unmute yourself there because uh

494
00:09:37,590 --> 00:09:37,600
have to unmute yourself there because uh
 

495
00:09:37,600 --> 00:09:40,630
have to unmute yourself there because uh
i muted you by accident sorry about that

496
00:09:40,630 --> 00:09:40,640
i muted you by accident sorry about that
 

497
00:09:40,640 --> 00:09:44,070
i muted you by accident sorry about that
no problem um thank you sir

498
00:09:44,070 --> 00:09:44,080
no problem um thank you sir
 

499
00:09:44,080 --> 00:09:47,350
no problem um thank you sir
um there's more trust

500
00:09:47,350 --> 00:09:47,360
um there's more trust
 

501
00:09:47,360 --> 00:09:50,389
um there's more trust
we already talked about the trust okay

502
00:09:50,389 --> 00:09:50,399
we already talked about the trust okay
 

503
00:09:50,399 --> 00:09:53,350
we already talked about the trust okay
uh that pretty much covers the various

504
00:09:53,350 --> 00:09:53,360
uh that pretty much covers the various
 

505
00:09:53,360 --> 00:09:54,470
uh that pretty much covers the various
questions oh

506
00:09:54,470 --> 00:09:54,480
questions oh
 

507
00:09:54,480 --> 00:09:57,829
questions oh
um i i know i have an android wallet

508
00:09:57,829 --> 00:09:57,839
um i i know i have an android wallet
 

509
00:09:57,839 --> 00:09:59,990
um i i know i have an android wallet
somewhere and i'm gonna have to go find

510
00:09:59,990 --> 00:10:00,000
somewhere and i'm gonna have to go find
 

511
00:10:00,000 --> 00:10:02,230
somewhere and i'm gonna have to go find
the bitcoin application that uses it

512
00:10:02,230 --> 00:10:02,240
the bitcoin application that uses it
 

513
00:10:02,240 --> 00:10:05,030
the bitcoin application that uses it
but i don't know about a linux version

514
00:10:05,030 --> 00:10:05,040
but i don't know about a linux version
 

515
00:10:05,040 --> 00:10:05,670
but i don't know about a linux version
um

516
00:10:05,670 --> 00:10:05,680
um
 

517
00:10:05,680 --> 00:10:09,030
um
my linux version is um

518
00:10:09,030 --> 00:10:09,040
my linux version is um
 

519
00:10:09,040 --> 00:10:11,350
my linux version is um
uh it's the one that downloaded the

520
00:10:11,350 --> 00:10:11,360
uh it's the one that downloaded the
 

521
00:10:11,360 --> 00:10:13,350
uh it's the one that downloaded the
entire blockchain and i'm not sure i

522
00:10:13,350 --> 00:10:13,360
entire blockchain and i'm not sure i
 

523
00:10:13,360 --> 00:10:15,670
entire blockchain and i'm not sure i
i need that anymore you have any

524
00:10:15,670 --> 00:10:15,680
i need that anymore you have any
 

525
00:10:15,680 --> 00:10:18,630
i need that anymore you have any
suggestions robert for um for linux

526
00:10:18,630 --> 00:10:18,640
suggestions robert for um for linux
 

527
00:10:18,640 --> 00:10:21,430
suggestions robert for um for linux
yeah i mean we've got two scenarios here

528
00:10:21,430 --> 00:10:21,440
yeah i mean we've got two scenarios here
 

529
00:10:21,440 --> 00:10:23,990
yeah i mean we've got two scenarios here
if you're getting serious about cryptos

530
00:10:23,990 --> 00:10:24,000
if you're getting serious about cryptos
 

531
00:10:24,000 --> 00:10:27,750
if you're getting serious about cryptos
then the only solution for you is a

532
00:10:27,750 --> 00:10:27,760
then the only solution for you is a
 

533
00:10:27,760 --> 00:10:29,990
then the only solution for you is a
hardware wallet and there are two one is

534
00:10:29,990 --> 00:10:30,000
hardware wallet and there are two one is
 

535
00:10:30,000 --> 00:10:31,269
hardware wallet and there are two one is
trezor

536
00:10:31,269 --> 00:10:31,279
trezor
 

537
00:10:31,279 --> 00:10:34,310
trezor
and the other one is ledger yeah and if

538
00:10:34,310 --> 00:10:34,320
and the other one is ledger yeah and if
 

539
00:10:34,320 --> 00:10:36,230
and the other one is ledger yeah and if
and if you're planning to invest more

540
00:10:36,230 --> 00:10:36,240
and if you're planning to invest more
 

541
00:10:36,240 --> 00:10:37,750
and if you're planning to invest more
than 10 000

542
00:10:37,750 --> 00:10:37,760
than 10 000
 

543
00:10:37,760 --> 00:10:39,590
than 10 000
yeah then those are the only solution i

544
00:10:39,590 --> 00:10:39,600
yeah then those are the only solution i
 

545
00:10:39,600 --> 00:10:42,069
yeah then those are the only solution i
mean they cost around 100 bucks or so

546
00:10:42,069 --> 00:10:42,079
mean they cost around 100 bucks or so
 

547
00:10:42,079 --> 00:10:44,230
mean they cost around 100 bucks or so
okay okay and if you if you're planning

548
00:10:44,230 --> 00:10:44,240
okay okay and if you if you're planning
 

549
00:10:44,240 --> 00:10:46,630
okay okay and if you if you're planning
to buy one only buy them on

550
00:10:46,630 --> 00:10:46,640
to buy one only buy them on
 

551
00:10:46,640 --> 00:10:49,110
to buy one only buy them on
the website of the manufacturer yeah

552
00:10:49,110 --> 00:10:49,120
the website of the manufacturer yeah
 

553
00:10:49,120 --> 00:10:50,710
the website of the manufacturer yeah
because i've heard that

554
00:10:50,710 --> 00:10:50,720
because i've heard that
 

555
00:10:50,720 --> 00:10:52,389
because i've heard that
if you buy it to amazon they might be

556
00:10:52,389 --> 00:10:52,399
if you buy it to amazon they might be
 

557
00:10:52,399 --> 00:10:53,750
if you buy it to amazon they might be
compromised

558
00:10:53,750 --> 00:10:53,760
compromised
 

559
00:10:53,760 --> 00:10:56,470
compromised
so those are the two and if you're under

560
00:10:56,470 --> 00:10:56,480
so those are the two and if you're under
 

561
00:10:56,480 --> 00:10:56,790
so those are the two and if you're under
uh

562
00:10:56,790 --> 00:10:56,800
uh
 

563
00:10:56,800 --> 00:11:00,069
uh
10 000 then use a wallet that is like

564
00:11:00,069 --> 00:11:00,079
10 000 then use a wallet that is like
 

565
00:11:00,079 --> 00:11:01,430
10 000 then use a wallet that is like
exodus or so

566
00:11:01,430 --> 00:11:01,440
exodus or so
 

567
00:11:01,440 --> 00:11:04,870
exodus or so
that offers you the comfort of many

568
00:11:04,870 --> 00:11:04,880
that offers you the comfort of many
 

569
00:11:04,880 --> 00:11:06,150
that offers you the comfort of many
other applications

570
00:11:06,150 --> 00:11:06,160
other applications
 

571
00:11:06,160 --> 00:11:09,430
other applications
in one go a pure bitcoin wallet

572
00:11:09,430 --> 00:11:09,440
in one go a pure bitcoin wallet
 

573
00:11:09,440 --> 00:11:11,509
in one go a pure bitcoin wallet
is i mean unless you're really a bitcoin

574
00:11:11,509 --> 00:11:11,519
is i mean unless you're really a bitcoin
 

575
00:11:11,519 --> 00:11:12,470
is i mean unless you're really a bitcoin
maximum

576
00:11:12,470 --> 00:11:12,480
maximum
 

577
00:11:12,480 --> 00:11:13,910
maximum
maximum list and you don't believe in

578
00:11:13,910 --> 00:11:13,920
maximum list and you don't believe in
 

579
00:11:13,920 --> 00:11:16,949
maximum list and you don't believe in
ethereum in any other currency

580
00:11:16,949 --> 00:11:16,959
ethereum in any other currency
 

581
00:11:16,959 --> 00:11:20,630
ethereum in any other currency
is is not advisable so because

582
00:11:20,630 --> 00:11:20,640
is is not advisable so because
 

583
00:11:20,640 --> 00:11:22,389
is is not advisable so because
there are other wallets that offer by

584
00:11:22,389 --> 00:11:22,399
there are other wallets that offer by
 

585
00:11:22,399 --> 00:11:23,910
there are other wallets that offer by
far more uh

586
00:11:23,910 --> 00:11:23,920
far more uh
 

587
00:11:23,920 --> 00:11:27,590
far more uh
goi than the pure bitcoin ones

588
00:11:27,590 --> 00:11:27,600
goi than the pure bitcoin ones
 

589
00:11:27,600 --> 00:11:30,790
goi than the pure bitcoin ones
so if i were to get into bitcoin my

590
00:11:30,790 --> 00:11:30,800
so if i were to get into bitcoin my
 

591
00:11:30,800 --> 00:11:34,069
so if i were to get into bitcoin my
use case would buy would be primarily to

592
00:11:34,069 --> 00:11:34,079
use case would buy would be primarily to
 

593
00:11:34,079 --> 00:11:36,069
use case would buy would be primarily to
see if it was you know to make it easy

594
00:11:36,069 --> 00:11:36,079
see if it was you know to make it easy
 

595
00:11:36,079 --> 00:11:37,750
see if it was you know to make it easy
for me to transfer

596
00:11:37,750 --> 00:11:37,760
for me to transfer
 

597
00:11:37,760 --> 00:11:40,230
for me to transfer
money to my to my siblings over in

598
00:11:40,230 --> 00:11:40,240
money to my to my siblings over in
 

599
00:11:40,240 --> 00:11:40,949
money to my to my siblings over in
australia

600
00:11:40,949 --> 00:11:40,959
australia
 

601
00:11:40,959 --> 00:11:44,230
australia
or or something like that um is that

602
00:11:44,230 --> 00:11:44,240
or or something like that um is that
 

603
00:11:44,240 --> 00:11:45,910
or or something like that um is that
something you would still recommend

604
00:11:45,910 --> 00:11:45,920
something you would still recommend
 

605
00:11:45,920 --> 00:11:48,550
something you would still recommend
bitcoin or a cryptocurrency for

606
00:11:48,550 --> 00:11:48,560
bitcoin or a cryptocurrency for
 

607
00:11:48,560 --> 00:11:51,030
bitcoin or a cryptocurrency for
of course the difficulty is having them

608
00:11:51,030 --> 00:11:51,040
of course the difficulty is having them
 

609
00:11:51,040 --> 00:11:52,949
of course the difficulty is having them
figure out how to use bitcoin at their

610
00:11:52,949 --> 00:11:52,959
figure out how to use bitcoin at their
 

611
00:11:52,959 --> 00:11:53,670
figure out how to use bitcoin at their
end and

612
00:11:53,670 --> 00:11:53,680
end and
 

613
00:11:53,680 --> 00:11:57,030
end and
reconvert it to their own fiat currency

614
00:11:57,030 --> 00:11:57,040
reconvert it to their own fiat currency
 

615
00:11:57,040 --> 00:11:59,350
reconvert it to their own fiat currency
yeah you have got stated coins also so

616
00:11:59,350 --> 00:11:59,360
yeah you have got stated coins also so
 

617
00:11:59,360 --> 00:12:01,190
yeah you have got stated coins also so
bitcoin i would not use for that

618
00:12:01,190 --> 00:12:01,200
bitcoin i would not use for that
 

619
00:12:01,200 --> 00:12:03,030
bitcoin i would not use for that
but you can use a stable coin there is

620
00:12:03,030 --> 00:12:03,040
but you can use a stable coin there is
 

621
00:12:03,040 --> 00:12:04,870
but you can use a stable coin there is
for example tether

622
00:12:04,870 --> 00:12:04,880
for example tether
 

623
00:12:04,880 --> 00:12:08,310
for example tether
which is kindly a little bit debated but

624
00:12:08,310 --> 00:12:08,320
which is kindly a little bit debated but
 

625
00:12:08,320 --> 00:12:10,150
which is kindly a little bit debated but
it's the third largest currency

626
00:12:10,150 --> 00:12:10,160
it's the third largest currency
 

627
00:12:10,160 --> 00:12:12,310
it's the third largest currency
can you spell that for me what is that

628
00:12:12,310 --> 00:12:12,320
can you spell that for me what is that
 

629
00:12:12,320 --> 00:12:14,230
can you spell that for me what is that
style coin you said

630
00:12:14,230 --> 00:12:14,240
style coin you said
 

631
00:12:14,240 --> 00:12:17,590
style coin you said
stable oh stable coin yeah okay

632
00:12:17,590 --> 00:12:17,600
stable oh stable coin yeah okay
 

633
00:12:17,600 --> 00:12:19,670
stable oh stable coin yeah okay
and it's a coin that's linked to the us

634
00:12:19,670 --> 00:12:19,680
and it's a coin that's linked to the us
 

635
00:12:19,680 --> 00:12:20,710
and it's a coin that's linked to the us
dollar

636
00:12:20,710 --> 00:12:20,720
dollar
 

637
00:12:20,720 --> 00:12:23,750
dollar
so the the terror coin is always one to

638
00:12:23,750 --> 00:12:23,760
so the the terror coin is always one to
 

639
00:12:23,760 --> 00:12:25,750
so the the terror coin is always one to
one with the us dollar

640
00:12:25,750 --> 00:12:25,760
one with the us dollar
 

641
00:12:25,760 --> 00:12:27,509
one with the us dollar
and there are a few others there's also

642
00:12:27,509 --> 00:12:27,519
and there are a few others there's also
 

643
00:12:27,519 --> 00:12:30,550
and there are a few others there's also
usdc that's even regulated

644
00:12:30,550 --> 00:12:30,560
usdc that's even regulated
 

645
00:12:30,560 --> 00:12:33,829
usdc that's even regulated
by the u.s authorities and

646
00:12:33,829 --> 00:12:33,839
by the u.s authorities and
 

647
00:12:33,839 --> 00:12:35,670
by the u.s authorities and
there you can just transfer dollars over

648
00:12:35,670 --> 00:12:35,680
there you can just transfer dollars over
 

649
00:12:35,680 --> 00:12:37,590
there you can just transfer dollars over
to your relatives in australia and then

650
00:12:37,590 --> 00:12:37,600
to your relatives in australia and then
 

651
00:12:37,600 --> 00:12:38,550
to your relatives in australia and then
they've got the

652
00:12:38,550 --> 00:12:38,560
they've got the
 

653
00:12:38,560 --> 00:12:40,389
they've got the
the dollars the only thing they need to

654
00:12:40,389 --> 00:12:40,399
the dollars the only thing they need to
 

655
00:12:40,399 --> 00:12:41,590
the dollars the only thing they need to
find which is usually

656
00:12:41,590 --> 00:12:41,600
find which is usually
 

657
00:12:41,600 --> 00:12:43,190
find which is usually
never a problem for australia it's

658
00:12:43,190 --> 00:12:43,200
never a problem for australia it's
 

659
00:12:43,200 --> 00:12:44,629
never a problem for australia it's
definitely not a problem

660
00:12:44,629 --> 00:12:44,639
definitely not a problem
 

661
00:12:44,639 --> 00:12:47,910
definitely not a problem
is to convert those u.s dollars uh into

662
00:12:47,910 --> 00:12:47,920
is to convert those u.s dollars uh into
 

663
00:12:47,920 --> 00:12:49,030
is to convert those u.s dollars uh into
australian dollars

664
00:12:49,030 --> 00:12:49,040
australian dollars
 

665
00:12:49,040 --> 00:12:52,949
australian dollars
yeah so you need to have them

666
00:12:52,949 --> 00:12:52,959
yeah so you need to have them
 

667
00:12:52,959 --> 00:12:54,710
yeah so you need to have them
i don't think banks will do that but

668
00:12:54,710 --> 00:12:54,720
i don't think banks will do that but
 

669
00:12:54,720 --> 00:12:56,069
i don't think banks will do that but
you've got exchanges

670
00:12:56,069 --> 00:12:56,079
you've got exchanges
 

671
00:12:56,079 --> 00:12:58,230
you've got exchanges
and those exchanges are then linked to a

672
00:12:58,230 --> 00:12:58,240
and those exchanges are then linked to a
 

673
00:12:58,240 --> 00:12:59,300
and those exchanges are then linked to a
bank account

674
00:12:59,300 --> 00:12:59,310
bank account
 

675
00:12:59,310 --> 00:13:00,870
bank account
[Music]

676
00:13:00,870 --> 00:13:00,880
[Music]
 

677
00:13:00,880 --> 00:13:02,790
[Music]
the same what do you say convert us

678
00:13:02,790 --> 00:13:02,800
the same what do you say convert us
 

679
00:13:02,800 --> 00:13:04,150
the same what do you say convert us
dollars you mean convert

680
00:13:04,150 --> 00:13:04,160
dollars you mean convert
 

681
00:13:04,160 --> 00:13:07,190
dollars you mean convert
the the cryptocurrency back to

682
00:13:07,190 --> 00:13:07,200
the the cryptocurrency back to
 

683
00:13:07,200 --> 00:13:08,629
the the cryptocurrency back to
australian dollars right

684
00:13:08,629 --> 00:13:08,639
australian dollars right
 

685
00:13:08,639 --> 00:13:12,150
australian dollars right
correct yeah so they have big well

686
00:13:12,150 --> 00:13:12,160
correct yeah so they have big well
 

687
00:13:12,160 --> 00:13:14,230
correct yeah so they have big well
again i keep calling them bitcoin atm

688
00:13:14,230 --> 00:13:14,240
again i keep calling them bitcoin atm
 

689
00:13:14,240 --> 00:13:15,190
again i keep calling them bitcoin atm
but that's not

690
00:13:15,190 --> 00:13:15,200
but that's not
 

691
00:13:15,200 --> 00:13:17,990
but that's not
going to work necessarily for for this

692
00:13:17,990 --> 00:13:18,000
going to work necessarily for for this
 

693
00:13:18,000 --> 00:13:19,509
going to work necessarily for for this
particular coin they

694
00:13:19,509 --> 00:13:19,519
particular coin they
 

695
00:13:19,519 --> 00:13:20,949
particular coin they
have to go through an exchange of some

696
00:13:20,949 --> 00:13:20,959
have to go through an exchange of some
 

697
00:13:20,959 --> 00:13:22,550
have to go through an exchange of some
sort then right yeah yeah

698
00:13:22,550 --> 00:13:22,560
sort then right yeah yeah
 

699
00:13:22,560 --> 00:13:27,110
sort then right yeah yeah
and and also atms are very expensive

700
00:13:27,110 --> 00:13:27,120

 

701
00:13:27,120 --> 00:13:30,230

right so i would never use atm you you

702
00:13:30,230 --> 00:13:30,240
right so i would never use atm you you
 

703
00:13:30,240 --> 00:13:32,470
right so i would never use atm you you
lose too much money there no they're

704
00:13:32,470 --> 00:13:32,480
lose too much money there no they're
 

705
00:13:32,480 --> 00:13:33,990
lose too much money there no they're
exactly the same

706
00:13:33,990 --> 00:13:34,000
exactly the same
 

707
00:13:34,000 --> 00:13:37,110
exactly the same
yeah they're very i mean here in in in

708
00:13:37,110 --> 00:13:37,120
yeah they're very i mean here in in in
 

709
00:13:37,120 --> 00:13:39,910
yeah they're very i mean here in in in
north america so canada and and also

710
00:13:39,910 --> 00:13:39,920
north america so canada and and also
 

711
00:13:39,920 --> 00:13:40,389
north america so canada and and also
europe

712
00:13:40,389 --> 00:13:40,399
europe
 

713
00:13:40,399 --> 00:13:42,470
europe
we've got kraken is for example a

714
00:13:42,470 --> 00:13:42,480
we've got kraken is for example a
 

715
00:13:42,480 --> 00:13:44,470
we've got kraken is for example a
fantastic exchange

716
00:13:44,470 --> 00:13:44,480
fantastic exchange
 

717
00:13:44,480 --> 00:13:47,269
fantastic exchange
and very low fees fantastic customer

718
00:13:47,269 --> 00:13:47,279
and very low fees fantastic customer
 

719
00:13:47,279 --> 00:13:48,230
and very low fees fantastic customer
support

720
00:13:48,230 --> 00:13:48,240
support
 

721
00:13:48,240 --> 00:13:50,550
support
you can sign up literally within half an

722
00:13:50,550 --> 00:13:50,560
you can sign up literally within half an
 

723
00:13:50,560 --> 00:13:51,509
you can sign up literally within half an
hour you've got an

724
00:13:51,509 --> 00:13:51,519
hour you've got an
 

725
00:13:51,519 --> 00:13:54,870
hour you've got an
account it's a really good exchange and

726
00:13:54,870 --> 00:13:54,880
account it's a really good exchange and
 

727
00:13:54,880 --> 00:13:56,870
account it's a really good exchange and
they have been in this market for a long

728
00:13:56,870 --> 00:13:56,880
they have been in this market for a long
 

729
00:13:56,880 --> 00:13:59,269
they have been in this market for a long
time so you can also only come there and

730
00:13:59,269 --> 00:13:59,279
time so you can also only come there and
 

731
00:13:59,279 --> 00:14:01,910
time so you can also only come there and
and then buy tether and transfer them it

732
00:14:01,910 --> 00:14:01,920
and then buy tether and transfer them it
 

733
00:14:01,920 --> 00:14:03,269
and then buy tether and transfer them it
does require that you

734
00:14:03,269 --> 00:14:03,279
does require that you
 

735
00:14:03,279 --> 00:14:05,990
does require that you
connect a bank account to your um to

736
00:14:05,990 --> 00:14:06,000
connect a bank account to your um to
 

737
00:14:06,000 --> 00:14:06,389
connect a bank account to your um to
your

738
00:14:06,389 --> 00:14:06,399
your
 

739
00:14:06,399 --> 00:14:09,829
your
uh kraken account no no not possibly

740
00:14:09,829 --> 00:14:09,839
uh kraken account no no not possibly
 

741
00:14:09,839 --> 00:14:12,629
uh kraken account no no not possibly
okay so how do you convert how do you

742
00:14:12,629 --> 00:14:12,639
okay so how do you convert how do you
 

743
00:14:12,639 --> 00:14:14,710
okay so how do you convert how do you
convert fiat currency then to

744
00:14:14,710 --> 00:14:14,720
convert fiat currency then to
 

745
00:14:14,720 --> 00:14:16,870
convert fiat currency then to
bitcoin or whatever currency you want i

746
00:14:16,870 --> 00:14:16,880
bitcoin or whatever currency you want i
 

747
00:14:16,880 --> 00:14:17,910
bitcoin or whatever currency you want i
do that with wire

748
00:14:17,910 --> 00:14:17,920
do that with wire
 

749
00:14:17,920 --> 00:14:20,310
do that with wire
transfers because my bank here is one of

750
00:14:20,310 --> 00:14:20,320
transfers because my bank here is one of
 

751
00:14:20,320 --> 00:14:21,750
transfers because my bank here is one of
those old-fashioned ones that doesn't

752
00:14:21,750 --> 00:14:21,760
those old-fashioned ones that doesn't
 

753
00:14:21,760 --> 00:14:23,269
those old-fashioned ones that doesn't
like cryptocurrencies

754
00:14:23,269 --> 00:14:23,279
like cryptocurrencies
 

755
00:14:23,279 --> 00:14:26,310
like cryptocurrencies
okay so i once linked

756
00:14:26,310 --> 00:14:26,320
okay so i once linked
 

757
00:14:26,320 --> 00:14:29,670
okay so i once linked
my bank account to a crypto exchange and

758
00:14:29,670 --> 00:14:29,680
my bank account to a crypto exchange and
 

759
00:14:29,680 --> 00:14:33,269
my bank account to a crypto exchange and
they closed my account then oh nice

760
00:14:33,269 --> 00:14:33,279
they closed my account then oh nice
 

761
00:14:33,279 --> 00:14:35,990
they closed my account then oh nice
oh nice okay they didn't yeah they

762
00:14:35,990 --> 00:14:36,000
oh nice okay they didn't yeah they
 

763
00:14:36,000 --> 00:14:36,870
oh nice okay they didn't yeah they
didn't like that

764
00:14:36,870 --> 00:14:36,880
didn't like that
 

765
00:14:36,880 --> 00:14:39,189
didn't like that
yeah in norway two hours a few years ago

766
00:14:39,189 --> 00:14:39,199
yeah in norway two hours a few years ago
 

767
00:14:39,199 --> 00:14:42,829
yeah in norway two hours a few years ago
and it ended up in the court system and

768
00:14:42,829 --> 00:14:42,839
and it ended up in the court system and
 

769
00:14:42,839 --> 00:14:44,150
and it ended up in the court system and
um

770
00:14:44,150 --> 00:14:44,160
um
 

771
00:14:44,160 --> 00:14:47,030
um
in in in one of the lower courts and now

772
00:14:47,030 --> 00:14:47,040
in in in one of the lower courts and now
 

773
00:14:47,040 --> 00:14:48,949
in in in one of the lower courts and now
when the banks can't

774
00:14:48,949 --> 00:14:48,959
when the banks can't
 

775
00:14:48,959 --> 00:14:51,670
when the banks can't
close your accounts due to bitcoin users

776
00:14:51,670 --> 00:14:51,680
close your accounts due to bitcoin users
 

777
00:14:51,680 --> 00:14:53,509
close your accounts due to bitcoin users
anymore

778
00:14:53,509 --> 00:14:53,519
anymore
 

779
00:14:53,519 --> 00:14:56,790
anymore
wow yeah so does anyone else have any

780
00:14:56,790 --> 00:14:56,800
wow yeah so does anyone else have any
 

781
00:14:56,800 --> 00:14:58,629
wow yeah so does anyone else have any
questions for robert uh

782
00:14:58,629 --> 00:14:58,639
questions for robert uh
 

783
00:14:58,639 --> 00:15:01,110
questions for robert uh
that i haven't uh touched on because i

784
00:15:01,110 --> 00:15:01,120
that i haven't uh touched on because i
 

785
00:15:01,120 --> 00:15:02,550
that i haven't uh touched on because i
wanted to also talk about

786
00:15:02,550 --> 00:15:02,560
wanted to also talk about
 

787
00:15:02,560 --> 00:15:05,509
wanted to also talk about
uh when bitcoin runs out what's likely

788
00:15:05,509 --> 00:15:05,519
uh when bitcoin runs out what's likely
 

789
00:15:05,519 --> 00:15:06,470
uh when bitcoin runs out what's likely
to happen there but

790
00:15:06,470 --> 00:15:06,480
to happen there but
 

791
00:15:06,480 --> 00:15:07,990
to happen there but
i want to give everybody else a chance

792
00:15:07,990 --> 00:15:08,000
i want to give everybody else a chance
 

793
00:15:08,000 --> 00:15:17,110
i want to give everybody else a chance
to ask some questions as well

794
00:15:17,110 --> 00:15:17,120

 

795
00:15:17,120 --> 00:15:19,430

wall street uh debacle that happened uh

796
00:15:19,430 --> 00:15:19,440
wall street uh debacle that happened uh
 

797
00:15:19,440 --> 00:15:20,389
wall street uh debacle that happened uh
this last week

798
00:15:20,389 --> 00:15:20,399
this last week
 

799
00:15:20,399 --> 00:15:22,949
this last week
uh it's it's a fun watch but uh one of

800
00:15:22,949 --> 00:15:22,959
uh it's it's a fun watch but uh one of
 

801
00:15:22,959 --> 00:15:23,590
uh it's it's a fun watch but uh one of
the

802
00:15:23,590 --> 00:15:23,600
the
 

803
00:15:23,600 --> 00:15:27,670
the
news items that i read the headline

804
00:15:27,670 --> 00:15:27,680
news items that i read the headline
 

805
00:15:27,680 --> 00:15:32,389
news items that i read the headline
talking about gamestop yeah and games

806
00:15:32,389 --> 00:15:32,399
talking about gamestop yeah and games
 

807
00:15:32,399 --> 00:15:35,590
talking about gamestop yeah and games
yeah but the the same guys who

808
00:15:35,590 --> 00:15:35,600
yeah but the the same guys who
 

809
00:15:35,600 --> 00:15:39,670
yeah but the the same guys who
initiated the gamestop

810
00:15:39,670 --> 00:15:39,680

 

811
00:15:39,680 --> 00:15:43,269

rice have no um have put their eyes on

812
00:15:43,269 --> 00:15:43,279
rice have no um have put their eyes on
 

813
00:15:43,279 --> 00:15:46,470
rice have no um have put their eyes on
one of the bitcoin alternatives and

814
00:15:46,470 --> 00:15:46,480
one of the bitcoin alternatives and
 

815
00:15:46,480 --> 00:15:49,910
one of the bitcoin alternatives and
one of the headlines said that

816
00:15:49,910 --> 00:15:49,920

 

817
00:15:49,920 --> 00:15:52,870

they had a realistic uh ability to have

818
00:15:52,870 --> 00:15:52,880
they had a realistic uh ability to have
 

819
00:15:52,880 --> 00:15:53,430
they had a realistic uh ability to have
the

820
00:15:53,430 --> 00:15:53,440
the
 

821
00:15:53,440 --> 00:15:56,710
the
data and the currency

822
00:15:56,710 --> 00:15:56,720
data and the currency
 

823
00:15:56,720 --> 00:16:00,710
data and the currency
in the one dollar range

824
00:16:00,710 --> 00:16:00,720

 

825
00:16:00,720 --> 00:16:02,870

wow yeah that's dodge coin and dodge

826
00:16:02,870 --> 00:16:02,880
wow yeah that's dodge coin and dodge
 

827
00:16:02,880 --> 00:16:05,030
wow yeah that's dodge coin and dodge
coin is a currency that has got

828
00:16:05,030 --> 00:16:05,040
coin is a currency that has got
 

829
00:16:05,040 --> 00:16:06,550
coin is a currency that has got
absolutely no use there is nothing

830
00:16:06,550 --> 00:16:06,560
absolutely no use there is nothing
 

831
00:16:06,560 --> 00:16:08,389
absolutely no use there is nothing
behind that one

832
00:16:08,389 --> 00:16:08,399
behind that one
 

833
00:16:08,399 --> 00:16:10,389
behind that one
so theoretically that thing should be

834
00:16:10,389 --> 00:16:10,399
so theoretically that thing should be
 

835
00:16:10,399 --> 00:16:11,590
so theoretically that thing should be
zero

836
00:16:11,590 --> 00:16:11,600
zero
 

837
00:16:11,600 --> 00:16:13,670
zero
but people especially through tick tock

838
00:16:13,670 --> 00:16:13,680
but people especially through tick tock
 

839
00:16:13,680 --> 00:16:15,189
but people especially through tick tock
and so the young people

840
00:16:15,189 --> 00:16:15,199
and so the young people
 

841
00:16:15,199 --> 00:16:17,990
and so the young people
are pushing that and so that grew in

842
00:16:17,990 --> 00:16:18,000
are pushing that and so that grew in
 

843
00:16:18,000 --> 00:16:20,870
are pushing that and so that grew in
less than a year over a thousand percent

844
00:16:20,870 --> 00:16:20,880
less than a year over a thousand percent
 

845
00:16:20,880 --> 00:16:23,910
less than a year over a thousand percent
because of the people in tiktok can you

846
00:16:23,910 --> 00:16:23,920
because of the people in tiktok can you
 

847
00:16:23,920 --> 00:16:25,189
because of the people in tiktok can you
explain what you mean when you say

848
00:16:25,189 --> 00:16:25,199
explain what you mean when you say
 

849
00:16:25,199 --> 00:16:26,710
explain what you mean when you say
there's nothing behind it you mean you

850
00:16:26,710 --> 00:16:26,720
there's nothing behind it you mean you
 

851
00:16:26,720 --> 00:16:28,790
there's nothing behind it you mean you
don't have to do any work to earn

852
00:16:28,790 --> 00:16:28,800
don't have to do any work to earn
 

853
00:16:28,800 --> 00:16:30,790
don't have to do any work to earn
dogecoin or or what do you mean by that

854
00:16:30,790 --> 00:16:30,800
dogecoin or or what do you mean by that
 

855
00:16:30,800 --> 00:16:32,550
dogecoin or or what do you mean by that
no if you've got if you've got

856
00:16:32,550 --> 00:16:32,560
no if you've got if you've got
 

857
00:16:32,560 --> 00:16:34,870
no if you've got if you've got
bitcoin for example you've got the store

858
00:16:34,870 --> 00:16:34,880
bitcoin for example you've got the store
 

859
00:16:34,880 --> 00:16:35,990
bitcoin for example you've got the store
value and

860
00:16:35,990 --> 00:16:36,000
value and
 

861
00:16:36,000 --> 00:16:37,990
value and
and the proof of work and and so there's

862
00:16:37,990 --> 00:16:38,000
and the proof of work and and so there's
 

863
00:16:38,000 --> 00:16:39,590
and the proof of work and and so there's
a big network behind it

864
00:16:39,590 --> 00:16:39,600
a big network behind it
 

865
00:16:39,600 --> 00:16:41,110
a big network behind it
if you've got ethereum you've got smart

866
00:16:41,110 --> 00:16:41,120
if you've got ethereum you've got smart
 

867
00:16:41,120 --> 00:16:42,629
if you've got ethereum you've got smart
contracts so you can do a lot of things

868
00:16:42,629 --> 00:16:42,639
contracts so you can do a lot of things
 

869
00:16:42,639 --> 00:16:43,749
contracts so you can do a lot of things
behind

870
00:16:43,749 --> 00:16:43,759
behind
 

871
00:16:43,759 --> 00:16:46,949
behind
with ethereum and every coin has got so

872
00:16:46,949 --> 00:16:46,959
with ethereum and every coin has got so
 

873
00:16:46,959 --> 00:16:48,310
with ethereum and every coin has got so
it's usability

874
00:16:48,310 --> 00:16:48,320
it's usability
 

875
00:16:48,320 --> 00:16:50,470
it's usability
dogecoin has got absolutely zero

876
00:16:50,470 --> 00:16:50,480
dogecoin has got absolutely zero
 

877
00:16:50,480 --> 00:16:51,430
dogecoin has got absolutely zero
usability

878
00:16:51,430 --> 00:16:51,440
usability
 

879
00:16:51,440 --> 00:16:54,310
usability
you can't do anything with that that's

880
00:16:54,310 --> 00:16:54,320
you can't do anything with that that's
 

881
00:16:54,320 --> 00:16:57,670
you can't do anything with that that's
because nobody will accept a theory um

882
00:16:57,670 --> 00:16:57,680
because nobody will accept a theory um
 

883
00:16:57,680 --> 00:16:59,590
because nobody will accept a theory um
no you can't yeah you can't do anything

884
00:16:59,590 --> 00:16:59,600
no you can't yeah you can't do anything
 

885
00:16:59,600 --> 00:17:01,269
no you can't yeah you can't do anything
with it you can only exchange it that's

886
00:17:01,269 --> 00:17:01,279
with it you can only exchange it that's
 

887
00:17:01,279 --> 00:17:02,310
with it you can only exchange it that's
all you can do with

888
00:17:02,310 --> 00:17:02,320
all you can do with
 

889
00:17:02,320 --> 00:17:05,590
all you can do with
dodge coin so because

890
00:17:05,590 --> 00:17:05,600
dodge coin so because
 

891
00:17:05,600 --> 00:17:09,270
dodge coin so because
the logo of dogecoin is a dog

892
00:17:09,270 --> 00:17:09,280
the logo of dogecoin is a dog
 

893
00:17:09,280 --> 00:17:11,990
the logo of dogecoin is a dog
it became a meme and because it's a meme

894
00:17:11,990 --> 00:17:12,000
it became a meme and because it's a meme
 

895
00:17:12,000 --> 00:17:12,549
it became a meme and because it's a meme
those

896
00:17:12,549 --> 00:17:12,559
those
 

897
00:17:12,559 --> 00:17:15,590
those
young people 20 years 25 years old they

898
00:17:15,590 --> 00:17:15,600
young people 20 years 25 years old they
 

899
00:17:15,600 --> 00:17:18,069
young people 20 years 25 years old they
use that just to

900
00:17:18,069 --> 00:17:18,079
use that just to
 

901
00:17:18,079 --> 00:17:23,909
use that just to
to do to be part of it right right right

902
00:17:23,909 --> 00:17:23,919

 

903
00:17:23,919 --> 00:17:25,750

so you could still exchange fiat

904
00:17:25,750 --> 00:17:25,760
so you could still exchange fiat
 

905
00:17:25,760 --> 00:17:27,590
so you could still exchange fiat
currency for dogecoin and back again

906
00:17:27,590 --> 00:17:27,600
currency for dogecoin and back again
 

907
00:17:27,600 --> 00:17:28,150
currency for dogecoin and back again
right

908
00:17:28,150 --> 00:17:28,160
right
 

909
00:17:28,160 --> 00:17:31,190
right
yeah yeah that's that you can do and if

910
00:17:31,190 --> 00:17:31,200
yeah yeah that's that you can do and if
 

911
00:17:31,200 --> 00:17:33,110
yeah yeah that's that you can do and if
if that's all you wanted for then it's a

912
00:17:33,110 --> 00:17:33,120
if that's all you wanted for then it's a
 

913
00:17:33,120 --> 00:17:35,190
if that's all you wanted for then it's a
viable option yes

914
00:17:35,190 --> 00:17:35,200
viable option yes
 

915
00:17:35,200 --> 00:17:38,630
viable option yes
yeah yeah

916
00:17:38,630 --> 00:17:38,640

 

917
00:17:38,640 --> 00:17:40,630

there are other options like tether for

918
00:17:40,630 --> 00:17:40,640
there are other options like tether for
 

919
00:17:40,640 --> 00:17:43,110
there are other options like tether for
example or so that are by

920
00:17:43,110 --> 00:17:43,120
example or so that are by
 

921
00:17:43,120 --> 00:17:46,070
example or so that are by
far better because the volatility i mean

922
00:17:46,070 --> 00:17:46,080
far better because the volatility i mean
 

923
00:17:46,080 --> 00:17:47,750
far better because the volatility i mean
if you look at the chart of

924
00:17:47,750 --> 00:17:47,760
if you look at the chart of
 

925
00:17:47,760 --> 00:17:50,789
if you look at the chart of
dogecoin it goes up in one day 300

926
00:17:50,789 --> 00:17:50,799
dogecoin it goes up in one day 300
 

927
00:17:50,799 --> 00:17:52,630
dogecoin it goes up in one day 300
percent next day it goes down

928
00:17:52,630 --> 00:17:52,640
percent next day it goes down
 

929
00:17:52,640 --> 00:17:55,990
percent next day it goes down
uh 50 again so it's crazy that's even

930
00:17:55,990 --> 00:17:56,000
uh 50 again so it's crazy that's even
 

931
00:17:56,000 --> 00:17:58,470
uh 50 again so it's crazy that's even
that's even true of bitcoin that's not

932
00:17:58,470 --> 00:17:58,480
that's even true of bitcoin that's not
 

933
00:17:58,480 --> 00:18:01,510
that's even true of bitcoin that's not
the reason

934
00:18:01,510 --> 00:18:01,520

 

935
00:18:01,520 --> 00:18:03,510

no the volatility of bitcoin is a

936
00:18:03,510 --> 00:18:03,520
no the volatility of bitcoin is a
 

937
00:18:03,520 --> 00:18:06,549
no the volatility of bitcoin is a
complete different one

938
00:18:06,549 --> 00:18:06,559

 

939
00:18:06,559 --> 00:18:09,750

but yeah just in one year thousand 500

940
00:18:09,750 --> 00:18:09,760
but yeah just in one year thousand 500
 

941
00:18:09,760 --> 00:18:11,430
but yeah just in one year thousand 500
percent or so those kind

942
00:18:11,430 --> 00:18:11,440
percent or so those kind
 

943
00:18:11,440 --> 00:18:13,750
percent or so those kind
because young people just do means and

944
00:18:13,750 --> 00:18:13,760
because young people just do means and
 

945
00:18:13,760 --> 00:18:15,590
because young people just do means and
say hey let's push this coin

946
00:18:15,590 --> 00:18:15,600
say hey let's push this coin
 

947
00:18:15,600 --> 00:18:16,789
say hey let's push this coin
let's get it to one dollar and it's

948
00:18:16,789 --> 00:18:16,799
let's get it to one dollar and it's
 

949
00:18:16,799 --> 00:18:19,070
let's get it to one dollar and it's
currently i think it's eight cents or so

950
00:18:19,070 --> 00:18:19,080
currently i think it's eight cents or so
 

951
00:18:19,080 --> 00:18:21,430
currently i think it's eight cents or so
[Laughter]

952
00:18:21,430 --> 00:18:21,440
[Laughter]
 

953
00:18:21,440 --> 00:18:23,430
[Laughter]
so bad luck if you bought it at a dollar

954
00:18:23,430 --> 00:18:23,440
so bad luck if you bought it at a dollar
 

955
00:18:23,440 --> 00:18:24,630
so bad luck if you bought it at a dollar
because uh

956
00:18:24,630 --> 00:18:24,640
because uh
 

957
00:18:24,640 --> 00:18:28,710
because uh
that'll be worth very little now yeah

958
00:18:28,710 --> 00:18:28,720
that'll be worth very little now yeah
 

959
00:18:28,720 --> 00:18:32,710
that'll be worth very little now yeah
what one can do um the uh uh

960
00:18:32,710 --> 00:18:32,720
what one can do um the uh uh
 

961
00:18:32,720 --> 00:18:35,350
what one can do um the uh uh
latest week's uh stories have uh taught

962
00:18:35,350 --> 00:18:35,360
latest week's uh stories have uh taught
 

963
00:18:35,360 --> 00:18:36,470
latest week's uh stories have uh taught
us that

964
00:18:36,470 --> 00:18:36,480
us that
 

965
00:18:36,480 --> 00:18:39,990
us that
what one can do is

966
00:18:39,990 --> 00:18:40,000

 

967
00:18:40,000 --> 00:18:43,110

short the uh dodge coin

968
00:18:43,110 --> 00:18:43,120
short the uh dodge coin
 

969
00:18:43,120 --> 00:18:45,909
short the uh dodge coin
because if it has a one dollar and it

970
00:18:45,909 --> 00:18:45,919
because if it has a one dollar and it
 

971
00:18:45,919 --> 00:18:47,029
because if it has a one dollar and it
eventually will

972
00:18:47,029 --> 00:18:47,039
eventually will
 

973
00:18:47,039 --> 00:18:50,470
eventually will
go down then those who have uh

974
00:18:50,470 --> 00:18:50,480
go down then those who have uh
 

975
00:18:50,480 --> 00:18:53,909
go down then those who have uh
what the short positions um it's called

976
00:18:53,909 --> 00:18:53,919
what the short positions um it's called
 

977
00:18:53,919 --> 00:18:55,110
what the short positions um it's called
i've learned

978
00:18:55,110 --> 00:18:55,120
i've learned
 

979
00:18:55,120 --> 00:18:57,830
i've learned
they can earn a lot of money by just

980
00:18:57,830 --> 00:18:57,840
they can earn a lot of money by just
 

981
00:18:57,840 --> 00:18:58,390
they can earn a lot of money by just
talking

982
00:18:58,390 --> 00:18:58,400
talking
 

983
00:18:58,400 --> 00:19:02,070
talking
going back down or yeah

984
00:19:02,070 --> 00:19:02,080

 

985
00:19:02,080 --> 00:19:05,830

yeah but in general uh shorting

986
00:19:05,830 --> 00:19:05,840
yeah but in general uh shorting
 

987
00:19:05,840 --> 00:19:09,270
yeah but in general uh shorting
um cryptocurrencies or or getting long

988
00:19:09,270 --> 00:19:09,280
um cryptocurrencies or or getting long
 

989
00:19:09,280 --> 00:19:10,150
um cryptocurrencies or or getting long
positions

990
00:19:10,150 --> 00:19:10,160
positions
 

991
00:19:10,160 --> 00:19:11,669
positions
is something that is not advisable

992
00:19:11,669 --> 00:19:11,679
is something that is not advisable
 

993
00:19:11,679 --> 00:19:13,190
is something that is not advisable
because the market is extremely

994
00:19:13,190 --> 00:19:13,200
because the market is extremely
 

995
00:19:13,200 --> 00:19:14,230
because the market is extremely
unpredictable

996
00:19:14,230 --> 00:19:14,240
unpredictable
 

997
00:19:14,240 --> 00:19:17,430
unpredictable
yes if if you short something and

998
00:19:17,430 --> 00:19:17,440
yes if if you short something and
 

999
00:19:17,440 --> 00:19:19,029
yes if if you short something and
suddenly the price goes

1000
00:19:19,029 --> 00:19:19,039
suddenly the price goes
 

1001
00:19:19,039 --> 00:19:20,630
suddenly the price goes
in a complete different direction you

1002
00:19:20,630 --> 00:19:20,640
in a complete different direction you
 

1003
00:19:20,640 --> 00:19:22,150
in a complete different direction you
lose all your money

1004
00:19:22,150 --> 00:19:22,160
lose all your money
 

1005
00:19:22,160 --> 00:19:23,909
lose all your money
yeah that is what happened with the the

1006
00:19:23,909 --> 00:19:23,919
yeah that is what happened with the the
 

1007
00:19:23,919 --> 00:19:25,669
yeah that is what happened with the the
uh gamestop um

1008
00:19:25,669 --> 00:19:25,679
uh gamestop um
 

1009
00:19:25,679 --> 00:19:29,270
uh gamestop um
uh yeah the big hedge funds uh had a bet

1010
00:19:29,270 --> 00:19:29,280
uh yeah the big hedge funds uh had a bet
 

1011
00:19:29,280 --> 00:19:29,830
uh yeah the big hedge funds uh had a bet
on um

1012
00:19:29,830 --> 00:19:29,840
on um
 

1013
00:19:29,840 --> 00:19:32,950
on um
and um shorting is is a bit um

1014
00:19:32,950 --> 00:19:32,960
and um shorting is is a bit um
 

1015
00:19:32,960 --> 00:19:34,950
and um shorting is is a bit um
i've learned they're betting that their

1016
00:19:34,950 --> 00:19:34,960
i've learned they're betting that their
 

1017
00:19:34,960 --> 00:19:36,390
i've learned they're betting that their
stock is going down

1018
00:19:36,390 --> 00:19:36,400
stock is going down
 

1019
00:19:36,400 --> 00:19:38,789
stock is going down
and when it does that they earn they

1020
00:19:38,789 --> 00:19:38,799
and when it does that they earn they
 

1021
00:19:38,799 --> 00:19:39,830
and when it does that they earn they
earn money

1022
00:19:39,830 --> 00:19:39,840
earn money
 

1023
00:19:39,840 --> 00:19:43,029
earn money
but um people uh uh on a particular

1024
00:19:43,029 --> 00:19:43,039
but um people uh uh on a particular
 

1025
00:19:43,039 --> 00:19:43,909
but um people uh uh on a particular
reddit forum

1026
00:19:43,909 --> 00:19:43,919
reddit forum
 

1027
00:19:43,919 --> 00:19:46,549
reddit forum
where they are actually doing and

1028
00:19:46,549 --> 00:19:46,559
where they are actually doing and
 

1029
00:19:46,559 --> 00:19:48,150
where they are actually doing and
they're reading public information and

1030
00:19:48,150 --> 00:19:48,160
they're reading public information and
 

1031
00:19:48,160 --> 00:19:49,909
they're reading public information and
they are doing um

1032
00:19:49,909 --> 00:19:49,919
they are doing um
 

1033
00:19:49,919 --> 00:19:51,909
they are doing um
due diligence they're reading up and

1034
00:19:51,909 --> 00:19:51,919
due diligence they're reading up and
 

1035
00:19:51,919 --> 00:19:53,350
due diligence they're reading up and
they're verifying that their

1036
00:19:53,350 --> 00:19:53,360
they're verifying that their
 

1037
00:19:53,360 --> 00:19:55,350
they're verifying that their
information is correct and then they are

1038
00:19:55,350 --> 00:19:55,360
information is correct and then they are
 

1039
00:19:55,360 --> 00:19:56,470
information is correct and then they are
sharing the information

1040
00:19:56,470 --> 00:19:56,480
sharing the information
 

1041
00:19:56,480 --> 00:19:58,230
sharing the information
the public available information in the

1042
00:19:58,230 --> 00:19:58,240
the public available information in the
 

1043
00:19:58,240 --> 00:20:00,070
the public available information in the
forum and people

1044
00:20:00,070 --> 00:20:00,080
forum and people
 

1045
00:20:00,080 --> 00:20:01,750
forum and people
thought that maybe we can stick it to

1046
00:20:01,750 --> 00:20:01,760
thought that maybe we can stick it to
 

1047
00:20:01,760 --> 00:20:03,909
thought that maybe we can stick it to
the big

1048
00:20:03,909 --> 00:20:03,919
the big
 

1049
00:20:03,919 --> 00:20:08,710
the big
greedy uh traders this time and then

1050
00:20:08,710 --> 00:20:08,720
greedy uh traders this time and then
 

1051
00:20:08,720 --> 00:20:11,350
greedy uh traders this time and then
and the hedge funds are losing big time

1052
00:20:11,350 --> 00:20:11,360
and the hedge funds are losing big time
 

1053
00:20:11,360 --> 00:20:12,470
and the hedge funds are losing big time
money because

1054
00:20:12,470 --> 00:20:12,480
money because
 

1055
00:20:12,480 --> 00:20:17,029
money because
the stock is going up and not down 89

1056
00:20:17,029 --> 00:20:17,039
the stock is going up and not down 89
 

1057
00:20:17,039 --> 00:20:20,149
the stock is going up and not down 89
yeah yes doug go ahead sir

1058
00:20:20,149 --> 00:20:20,159
yeah yes doug go ahead sir
 

1059
00:20:20,159 --> 00:20:22,950
yeah yes doug go ahead sir
um robert i was wondering what would be

1060
00:20:22,950 --> 00:20:22,960
um robert i was wondering what would be
 

1061
00:20:22,960 --> 00:20:24,149
um robert i was wondering what would be
the best

1062
00:20:24,149 --> 00:20:24,159
the best
 

1063
00:20:24,159 --> 00:20:26,230
the best
uh bitcoin to get into for a small

1064
00:20:26,230 --> 00:20:26,240
uh bitcoin to get into for a small
 

1065
00:20:26,240 --> 00:20:27,990
uh bitcoin to get into for a small
investor

1066
00:20:27,990 --> 00:20:28,000
investor
 

1067
00:20:28,000 --> 00:20:29,590
investor
for a small investor at the moment

1068
00:20:29,590 --> 00:20:29,600
for a small investor at the moment
 

1069
00:20:29,600 --> 00:20:32,710
for a small investor at the moment
because we're currently

1070
00:20:32,710 --> 00:20:32,720
because we're currently
 

1071
00:20:32,720 --> 00:20:34,950
because we're currently
in in the beginning of a bull market

1072
00:20:34,950 --> 00:20:34,960
in in the beginning of a bull market
 

1073
00:20:34,960 --> 00:20:36,870
in in the beginning of a bull market
yeah the bull market is the following

1074
00:20:36,870 --> 00:20:36,880
yeah the bull market is the following
 

1075
00:20:36,880 --> 00:20:39,350
yeah the bull market is the following
that the price like bitcoin was i think

1076
00:20:39,350 --> 00:20:39,360
that the price like bitcoin was i think
 

1077
00:20:39,360 --> 00:20:40,950
that the price like bitcoin was i think
when i was here last time on the

1078
00:20:40,950 --> 00:20:40,960
when i was here last time on the
 

1079
00:20:40,960 --> 00:20:44,230
when i was here last time on the
in the break at 13 000

1080
00:20:44,230 --> 00:20:44,240
in the break at 13 000
 

1081
00:20:44,240 --> 00:20:46,470
in the break at 13 000
it went up to 40 000 at the moment it's

1082
00:20:46,470 --> 00:20:46,480
it went up to 40 000 at the moment it's
 

1083
00:20:46,480 --> 00:20:48,070
it went up to 40 000 at the moment it's
32 000.

1084
00:20:48,070 --> 00:20:48,080
32 000.
 

1085
00:20:48,080 --> 00:20:49,909
32 000.
and it's predicted to go this year to

1086
00:20:49,909 --> 00:20:49,919
and it's predicted to go this year to
 

1087
00:20:49,919 --> 00:20:51,270
and it's predicted to go this year to
100 000.

1088
00:20:51,270 --> 00:20:51,280
100 000.
 

1089
00:20:51,280 --> 00:20:54,470
100 000.
yeah so one has to be careful to

1090
00:20:54,470 --> 00:20:54,480
yeah so one has to be careful to
 

1091
00:20:54,480 --> 00:20:58,149
yeah so one has to be careful to
to to be part of this bull run because

1092
00:20:58,149 --> 00:20:58,159
to to be part of this bull run because
 

1093
00:20:58,159 --> 00:20:59,909
to to be part of this bull run because
you know it's a bubble and after that

1094
00:20:59,909 --> 00:20:59,919
you know it's a bubble and after that
 

1095
00:20:59,919 --> 00:21:01,350
you know it's a bubble and after that
the price will drop again

1096
00:21:01,350 --> 00:21:01,360
the price will drop again
 

1097
00:21:01,360 --> 00:21:03,510
the price will drop again
by eighty percent yeah so it will come

1098
00:21:03,510 --> 00:21:03,520
by eighty percent yeah so it will come
 

1099
00:21:03,520 --> 00:21:05,270
by eighty percent yeah so it will come
down again

1100
00:21:05,270 --> 00:21:05,280
down again
 

1101
00:21:05,280 --> 00:21:07,750
down again
and so if you want to know yeah if you

1102
00:21:07,750 --> 00:21:07,760
and so if you want to know yeah if you
 

1103
00:21:07,760 --> 00:21:08,950
and so if you want to know yeah if you
want to invest

1104
00:21:08,950 --> 00:21:08,960
want to invest
 

1105
00:21:08,960 --> 00:21:12,310
want to invest
my recommendation is if you don't

1106
00:21:12,310 --> 00:21:12,320
my recommendation is if you don't
 

1107
00:21:12,320 --> 00:21:13,990
my recommendation is if you don't
first if you want to learn more about

1108
00:21:13,990 --> 00:21:14,000
first if you want to learn more about
 

1109
00:21:14,000 --> 00:21:15,750
first if you want to learn more about
those currencies

1110
00:21:15,750 --> 00:21:15,760
those currencies
 

1111
00:21:15,760 --> 00:21:18,789
those currencies
then um there are many opportunities

1112
00:21:18,789 --> 00:21:18,799
then um there are many opportunities
 

1113
00:21:18,799 --> 00:21:19,350
then um there are many opportunities
yeah

1114
00:21:19,350 --> 00:21:19,360
yeah
 

1115
00:21:19,360 --> 00:21:22,470
yeah
in d5 for example so finance you've got

1116
00:21:22,470 --> 00:21:22,480
in d5 for example so finance you've got
 

1117
00:21:22,480 --> 00:21:23,110
in d5 for example so finance you've got
coins

1118
00:21:23,110 --> 00:21:23,120
coins
 

1119
00:21:23,120 --> 00:21:26,310
coins
um that will guarantee do a 10x in the

1120
00:21:26,310 --> 00:21:26,320
um that will guarantee do a 10x in the
 

1121
00:21:26,320 --> 00:21:26,870
um that will guarantee do a 10x in the
next

1122
00:21:26,870 --> 00:21:26,880
next
 

1123
00:21:26,880 --> 00:21:30,230
next
few months and

1124
00:21:30,230 --> 00:21:30,240
few months and
 

1125
00:21:30,240 --> 00:21:33,190
few months and
yeah i i i come back to that and bitcoin

1126
00:21:33,190 --> 00:21:33,200
yeah i i i come back to that and bitcoin
 

1127
00:21:33,200 --> 00:21:34,310
yeah i i i come back to that and bitcoin
will not do a 10x

1128
00:21:34,310 --> 00:21:34,320
will not do a 10x
 

1129
00:21:34,320 --> 00:21:36,230
will not do a 10x
bitcoin if it does well because they're

1130
00:21:36,230 --> 00:21:36,240
bitcoin if it does well because they're
 

1131
00:21:36,240 --> 00:21:38,630
bitcoin if it does well because they're
institutional investors will do a 3x

1132
00:21:38,630 --> 00:21:38,640
institutional investors will do a 3x
 

1133
00:21:38,640 --> 00:21:41,110
institutional investors will do a 3x
so for somebody that does not want to

1134
00:21:41,110 --> 00:21:41,120
so for somebody that does not want to
 

1135
00:21:41,120 --> 00:21:43,510
so for somebody that does not want to
learn just want to invest something i

1136
00:21:43,510 --> 00:21:43,520
learn just want to invest something i
 

1137
00:21:43,520 --> 00:21:46,710
learn just want to invest something i
recommend ethereum or cardano

1138
00:21:46,710 --> 00:21:46,720
recommend ethereum or cardano
 

1139
00:21:46,720 --> 00:21:48,230
recommend ethereum or cardano
those are the two ones that are safe

1140
00:21:48,230 --> 00:21:48,240
those are the two ones that are safe
 

1141
00:21:48,240 --> 00:21:50,710
those are the two ones that are safe
bets

1142
00:21:50,710 --> 00:21:50,720

 

1143
00:21:50,720 --> 00:21:54,390

cardano or so ada is

1144
00:21:54,390 --> 00:21:54,400
cardano or so ada is
 

1145
00:21:54,400 --> 00:21:58,070
cardano or so ada is
the the ticker or if

1146
00:21:58,070 --> 00:21:58,080
the the ticker or if
 

1147
00:21:58,080 --> 00:22:01,430
the the ticker or if
ethereum so those are those two

1148
00:22:01,430 --> 00:22:01,440
ethereum so those are those two
 

1149
00:22:01,440 --> 00:22:03,430
ethereum so those are those two
and let me let me just put a quick

1150
00:22:03,430 --> 00:22:03,440
and let me let me just put a quick
 

1151
00:22:03,440 --> 00:22:05,190
and let me let me just put a quick
disclaimer in here because i know robbie

1152
00:22:05,190 --> 00:22:05,200
disclaimer in here because i know robbie
 

1153
00:22:05,200 --> 00:22:05,669
disclaimer in here because i know robbie
will

1154
00:22:05,669 --> 00:22:05,679
will
 

1155
00:22:05,679 --> 00:22:08,149
will
likely do that anyway we are not

1156
00:22:08,149 --> 00:22:08,159
likely do that anyway we are not
 

1157
00:22:08,159 --> 00:22:10,230
likely do that anyway we are not
offering financial advice here

1158
00:22:10,230 --> 00:22:10,240
offering financial advice here
 

1159
00:22:10,240 --> 00:22:14,230
offering financial advice here
no uh we are purely just reporting on on

1160
00:22:14,230 --> 00:22:14,240
no uh we are purely just reporting on on
 

1161
00:22:14,240 --> 00:22:14,789
no uh we are purely just reporting on on
what we

1162
00:22:14,789 --> 00:22:14,799
what we
 

1163
00:22:14,799 --> 00:22:16,950
what we
what we understand is going on in the

1164
00:22:16,950 --> 00:22:16,960
what we understand is going on in the
 

1165
00:22:16,960 --> 00:22:18,310
what we understand is going on in the
market and we

1166
00:22:18,310 --> 00:22:18,320
market and we
 

1167
00:22:18,320 --> 00:22:21,350
market and we
are um and these are opinions

1168
00:22:21,350 --> 00:22:21,360
are um and these are opinions
 

1169
00:22:21,360 --> 00:22:23,270
are um and these are opinions
so we are not we are not offering

1170
00:22:23,270 --> 00:22:23,280
so we are not we are not offering
 

1171
00:22:23,280 --> 00:22:25,110
so we are not we are not offering
financial advice just to make that

1172
00:22:25,110 --> 00:22:25,120
financial advice just to make that
 

1173
00:22:25,120 --> 00:22:28,149
financial advice just to make that
absolutely clear and also one thing uh

1174
00:22:28,149 --> 00:22:28,159
absolutely clear and also one thing uh
 

1175
00:22:28,159 --> 00:22:30,310
absolutely clear and also one thing uh
two to keep in mind there at the same

1176
00:22:30,310 --> 00:22:30,320
two to keep in mind there at the same
 

1177
00:22:30,320 --> 00:22:32,230
two to keep in mind there at the same
time before you do that

1178
00:22:32,230 --> 00:22:32,240
time before you do that
 

1179
00:22:32,240 --> 00:22:34,230
time before you do that
um did you have any other questions

1180
00:22:34,230 --> 00:22:34,240
um did you have any other questions
 

1181
00:22:34,240 --> 00:22:35,430
um did you have any other questions
because you didn't have a chance to

1182
00:22:35,430 --> 00:22:35,440
because you didn't have a chance to
 

1183
00:22:35,440 --> 00:22:36,549
because you didn't have a chance to
throw any questions in

1184
00:22:36,549 --> 00:22:36,559
throw any questions in
 

1185
00:22:36,559 --> 00:22:39,990
throw any questions in
so do you have any other questions well

1186
00:22:39,990 --> 00:22:40,000
so do you have any other questions well
 

1187
00:22:40,000 --> 00:22:42,390
so do you have any other questions well
is there a specific place i need to go

1188
00:22:42,390 --> 00:22:42,400
is there a specific place i need to go
 

1189
00:22:42,400 --> 00:22:44,950
is there a specific place i need to go
to invest in ethereum

1190
00:22:44,950 --> 00:22:44,960
to invest in ethereum
 

1191
00:22:44,960 --> 00:22:47,909
to invest in ethereum
yeah the only the only recommendation i

1192
00:22:47,909 --> 00:22:47,919
yeah the only the only recommendation i
 

1193
00:22:47,919 --> 00:22:49,110
yeah the only the only recommendation i
can give you

1194
00:22:49,110 --> 00:22:49,120
can give you
 

1195
00:22:49,120 --> 00:22:51,190
can give you
is to open an account with kraken don't

1196
00:22:51,190 --> 00:22:51,200
is to open an account with kraken don't
 

1197
00:22:51,200 --> 00:22:53,590
is to open an account with kraken don't
do it with coinbase

1198
00:22:53,590 --> 00:22:53,600
do it with coinbase
 

1199
00:22:53,600 --> 00:22:55,669
do it with coinbase
or any other exchange because they all

1200
00:22:55,669 --> 00:22:55,679
or any other exchange because they all
 

1201
00:22:55,679 --> 00:22:57,669
or any other exchange because they all
have got

1202
00:22:57,669 --> 00:22:57,679
have got
 

1203
00:22:57,679 --> 00:22:59,669
have got
have got their big issues coinbase for

1204
00:22:59,669 --> 00:22:59,679
have got their big issues coinbase for
 

1205
00:22:59,679 --> 00:23:01,430
have got their big issues coinbase for
example will sell you data

1206
00:23:01,430 --> 00:23:01,440
example will sell you data
 

1207
00:23:01,440 --> 00:23:04,870
example will sell you data
to the irs so it's not recommended

1208
00:23:04,870 --> 00:23:04,880
to the irs so it's not recommended
 

1209
00:23:04,880 --> 00:23:07,909
to the irs so it's not recommended
kraken is is is a very good exchange

1210
00:23:07,909 --> 00:23:07,919
kraken is is is a very good exchange
 

1211
00:23:07,919 --> 00:23:10,070
kraken is is is a very good exchange
where you can then wire transfer

1212
00:23:10,070 --> 00:23:10,080
where you can then wire transfer
 

1213
00:23:10,080 --> 00:23:12,549
where you can then wire transfer
your your money into that exchange and

1214
00:23:12,549 --> 00:23:12,559
your your money into that exchange and
 

1215
00:23:12,559 --> 00:23:13,190
your your money into that exchange and
then

1216
00:23:13,190 --> 00:23:13,200
then
 

1217
00:23:13,200 --> 00:23:16,149
then
purchase those coins uh with that money

1218
00:23:16,149 --> 00:23:16,159
purchase those coins uh with that money
 

1219
00:23:16,159 --> 00:23:17,909
purchase those coins uh with that money
okay

1220
00:23:17,909 --> 00:23:17,919
okay
 

1221
00:23:17,919 --> 00:23:20,310
okay
yeah so kraken cardano and ethereum

1222
00:23:20,310 --> 00:23:20,320
yeah so kraken cardano and ethereum
 

1223
00:23:20,320 --> 00:23:23,110
yeah so kraken cardano and ethereum
that's what i am doing

1224
00:23:23,110 --> 00:23:23,120
that's what i am doing
 

1225
00:23:23,120 --> 00:23:26,310
that's what i am doing
okay so now what happens

1226
00:23:26,310 --> 00:23:26,320
okay so now what happens
 

1227
00:23:26,320 --> 00:23:28,789
okay so now what happens
what happens so what happens when

1228
00:23:28,789 --> 00:23:28,799
what happens so what happens when
 

1229
00:23:28,799 --> 00:23:31,350
what happens so what happens when
bitcoin finally does run out

1230
00:23:31,350 --> 00:23:31,360
bitcoin finally does run out
 

1231
00:23:31,360 --> 00:23:33,750
bitcoin finally does run out
um i know it's not predicted to happen

1232
00:23:33,750 --> 00:23:33,760
um i know it's not predicted to happen
 

1233
00:23:33,760 --> 00:23:36,870
um i know it's not predicted to happen
for another 100 years or so yet

1234
00:23:36,870 --> 00:23:36,880
for another 100 years or so yet
 

1235
00:23:36,880 --> 00:23:38,950
for another 100 years or so yet
but the unit or the proof of work that

1236
00:23:38,950 --> 00:23:38,960
but the unit or the proof of work that
 

1237
00:23:38,960 --> 00:23:40,149
but the unit or the proof of work that
has to happen

1238
00:23:40,149 --> 00:23:40,159
has to happen
 

1239
00:23:40,159 --> 00:23:43,110
has to happen
to validate transactions will still be a

1240
00:23:43,110 --> 00:23:43,120
to validate transactions will still be a
 

1241
00:23:43,120 --> 00:23:44,470
to validate transactions will still be a
very high

1242
00:23:44,470 --> 00:23:44,480
very high
 

1243
00:23:44,480 --> 00:23:47,669
very high
um a very high task a very

1244
00:23:47,669 --> 00:23:47,679
um a very high task a very
 

1245
00:23:47,679 --> 00:23:50,070
um a very high task a very
expensive task right and that will be

1246
00:23:50,070 --> 00:23:50,080
expensive task right and that will be
 

1247
00:23:50,080 --> 00:23:51,190
expensive task right and that will be
true even when

1248
00:23:51,190 --> 00:23:51,200
true even when
 

1249
00:23:51,200 --> 00:23:54,390
true even when
all the bitcoins run out um correct

1250
00:23:54,390 --> 00:23:54,400
all the bitcoins run out um correct
 

1251
00:23:54,400 --> 00:23:56,070
all the bitcoins run out um correct
and that's going to be reflected in

1252
00:23:56,070 --> 00:23:56,080
and that's going to be reflected in
 

1253
00:23:56,080 --> 00:23:57,510
and that's going to be reflected in
higher fees i'm sure

1254
00:23:57,510 --> 00:23:57,520
higher fees i'm sure
 

1255
00:23:57,520 --> 00:24:00,070
higher fees i'm sure
correct yeah the fees will go up of

1256
00:24:00,070 --> 00:24:00,080
correct yeah the fees will go up of
 

1257
00:24:00,080 --> 00:24:00,950
correct yeah the fees will go up of
course

1258
00:24:00,950 --> 00:24:00,960
course
 

1259
00:24:00,960 --> 00:24:02,230
course
and is that true for all

1260
00:24:02,230 --> 00:24:02,240
and is that true for all
 

1261
00:24:02,240 --> 00:24:04,710
and is that true for all
cryptocurrencies no no

1262
00:24:04,710 --> 00:24:04,720
cryptocurrencies no no
 

1263
00:24:04,720 --> 00:24:06,630
cryptocurrencies no no
no they are all working on a different

1264
00:24:06,630 --> 00:24:06,640
no they are all working on a different
 

1265
00:24:06,640 --> 00:24:08,950
no they are all working on a different
it's like comparing

1266
00:24:08,950 --> 00:24:08,960
it's like comparing
 

1267
00:24:08,960 --> 00:24:10,310
it's like comparing
transport yeah you've got a bus you've

1268
00:24:10,310 --> 00:24:10,320
transport yeah you've got a bus you've
 

1269
00:24:10,320 --> 00:24:12,390
transport yeah you've got a bus you've
got an airplane you've got a bus

1270
00:24:12,390 --> 00:24:12,400
got an airplane you've got a bus
 

1271
00:24:12,400 --> 00:24:14,789
got an airplane you've got a bus
so the currencies cryptocurrencies are

1272
00:24:14,789 --> 00:24:14,799
so the currencies cryptocurrencies are
 

1273
00:24:14,799 --> 00:24:15,830
so the currencies cryptocurrencies are
similar

1274
00:24:15,830 --> 00:24:15,840
similar
 

1275
00:24:15,840 --> 00:24:18,310
similar
and bitcoin will from my point of view

1276
00:24:18,310 --> 00:24:18,320
and bitcoin will from my point of view
 

1277
00:24:18,320 --> 00:24:18,870
and bitcoin will from my point of view
be

1278
00:24:18,870 --> 00:24:18,880
be
 

1279
00:24:18,880 --> 00:24:21,909
be
forever a star of value and

1280
00:24:21,909 --> 00:24:21,919
forever a star of value and
 

1281
00:24:21,919 --> 00:24:23,590
forever a star of value and
the second layer the lightning network

1282
00:24:23,590 --> 00:24:23,600
the second layer the lightning network
 

1283
00:24:23,600 --> 00:24:24,950
the second layer the lightning network
will be then the

1284
00:24:24,950 --> 00:24:24,960
will be then the
 

1285
00:24:24,960 --> 00:24:28,710
will be then the
the exchange part um and yeah i mean we

1286
00:24:28,710 --> 00:24:28,720
the exchange part um and yeah i mean we
 

1287
00:24:28,720 --> 00:24:30,470
the exchange part um and yeah i mean we
will all not be living anymore by

1288
00:24:30,470 --> 00:24:30,480
will all not be living anymore by
 

1289
00:24:30,480 --> 00:24:32,549
will all not be living anymore by
by that time when bitcoin really runs

1290
00:24:32,549 --> 00:24:32,559
by that time when bitcoin really runs
 

1291
00:24:32,559 --> 00:24:34,390
by that time when bitcoin really runs
out that's true

1292
00:24:34,390 --> 00:24:34,400
out that's true
 

1293
00:24:34,400 --> 00:24:37,190
out that's true
but but bitcoin has a finite supply i

1294
00:24:37,190 --> 00:24:37,200
but but bitcoin has a finite supply i
 

1295
00:24:37,200 --> 00:24:39,110
but but bitcoin has a finite supply i
think it's like 21 million coins or

1296
00:24:39,110 --> 00:24:39,120
think it's like 21 million coins or
 

1297
00:24:39,120 --> 00:24:39,669
think it's like 21 million coins or
something

1298
00:24:39,669 --> 00:24:39,679
something
 

1299
00:24:39,679 --> 00:24:41,909
something
yeah which can be subdivided into

1300
00:24:41,909 --> 00:24:41,919
yeah which can be subdivided into
 

1301
00:24:41,919 --> 00:24:44,470
yeah which can be subdivided into
millions and millions of satoshis

1302
00:24:44,470 --> 00:24:44,480
millions and millions of satoshis
 

1303
00:24:44,480 --> 00:24:46,470
millions and millions of satoshis
yeah i think it's one millionth of a

1304
00:24:46,470 --> 00:24:46,480
yeah i think it's one millionth of a
 

1305
00:24:46,480 --> 00:24:48,470
yeah i think it's one millionth of a
bitcoin it's a satoshi right

1306
00:24:48,470 --> 00:24:48,480
bitcoin it's a satoshi right
 

1307
00:24:48,480 --> 00:24:51,510
bitcoin it's a satoshi right
a hundred million 100 million okay yeah

1308
00:24:51,510 --> 00:24:51,520
a hundred million 100 million okay yeah
 

1309
00:24:51,520 --> 00:24:54,549
a hundred million 100 million okay yeah
even more than i expected um is that

1310
00:24:54,549 --> 00:24:54,559
even more than i expected um is that
 

1311
00:24:54,559 --> 00:24:55,269
even more than i expected um is that
that also

1312
00:24:55,269 --> 00:24:55,279
that also
 

1313
00:24:55,279 --> 00:24:57,590
that also
true that finite supply problem is that

1314
00:24:57,590 --> 00:24:57,600
true that finite supply problem is that
 

1315
00:24:57,600 --> 00:24:58,549
true that finite supply problem is that
also true

1316
00:24:58,549 --> 00:24:58,559
also true
 

1317
00:24:58,559 --> 00:25:01,990
also true
for other cryptocurrencies as well uh

1318
00:25:01,990 --> 00:25:02,000
for other cryptocurrencies as well uh
 

1319
00:25:02,000 --> 00:25:04,950
for other cryptocurrencies as well uh
no no ethereum is operating now

1320
00:25:04,950 --> 00:25:04,960
no no ethereum is operating now
 

1321
00:25:04,960 --> 00:25:06,710
no no ethereum is operating now
especially ethereum 2.0

1322
00:25:06,710 --> 00:25:06,720
especially ethereum 2.0
 

1323
00:25:06,720 --> 00:25:08,230
especially ethereum 2.0
will operate on a complete different

1324
00:25:08,230 --> 00:25:08,240
will operate on a complete different
 

1325
00:25:08,240 --> 00:25:10,070
will operate on a complete different
level so they

1326
00:25:10,070 --> 00:25:10,080
level so they
 

1327
00:25:10,080 --> 00:25:12,230
level so they
they have got a different system because

1328
00:25:12,230 --> 00:25:12,240
they have got a different system because
 

1329
00:25:12,240 --> 00:25:13,590
they have got a different system because
they're moving over from

1330
00:25:13,590 --> 00:25:13,600
they're moving over from
 

1331
00:25:13,600 --> 00:25:15,350
they're moving over from
proof of work which they're currently

1332
00:25:15,350 --> 00:25:15,360
proof of work which they're currently
 

1333
00:25:15,360 --> 00:25:17,830
proof of work which they're currently
using over the proof of stake

1334
00:25:17,830 --> 00:25:17,840
using over the proof of stake
 

1335
00:25:17,840 --> 00:25:20,789
using over the proof of stake
and so it will be different there yes

1336
00:25:20,789 --> 00:25:20,799
and so it will be different there yes
 

1337
00:25:20,799 --> 00:25:21,750
and so it will be different there yes
every currency

1338
00:25:21,750 --> 00:25:21,760
every currency
 

1339
00:25:21,760 --> 00:25:25,350
every currency
has got its own way of of uh

1340
00:25:25,350 --> 00:25:25,360
has got its own way of of uh
 

1341
00:25:25,360 --> 00:25:27,990
has got its own way of of uh
securing the network so with proof of

1342
00:25:27,990 --> 00:25:28,000
securing the network so with proof of
 

1343
00:25:28,000 --> 00:25:29,990
securing the network so with proof of
stake you have to prove that you have

1344
00:25:29,990 --> 00:25:30,000
stake you have to prove that you have
 

1345
00:25:30,000 --> 00:25:31,909
stake you have to prove that you have
the equivalent value

1346
00:25:31,909 --> 00:25:31,919
the equivalent value
 

1347
00:25:31,919 --> 00:25:34,630
the equivalent value
of the ethereum that you have somehow is

1348
00:25:34,630 --> 00:25:34,640
of the ethereum that you have somehow is
 

1349
00:25:34,640 --> 00:25:35,590
of the ethereum that you have somehow is
that true

1350
00:25:35,590 --> 00:25:35,600
that true
 

1351
00:25:35,600 --> 00:25:38,630
that true
yeah you're putting up money

1352
00:25:38,630 --> 00:25:38,640
yeah you're putting up money
 

1353
00:25:38,640 --> 00:25:40,549
yeah you're putting up money
to secure the network so there's an

1354
00:25:40,549 --> 00:25:40,559
to secure the network so there's an
 

1355
00:25:40,559 --> 00:25:41,990
to secure the network so there's an
algorithm it's done by through the

1356
00:25:41,990 --> 00:25:42,000
algorithm it's done by through the
 

1357
00:25:42,000 --> 00:25:42,549
algorithm it's done by through the
software

1358
00:25:42,549 --> 00:25:42,559
software
 

1359
00:25:42,559 --> 00:25:45,669
software
uh the ethereum software and that then

1360
00:25:45,669 --> 00:25:45,679
uh the ethereum software and that then
 

1361
00:25:45,679 --> 00:25:46,549
uh the ethereum software and that then
secures

1362
00:25:46,549 --> 00:25:46,559
secures
 

1363
00:25:46,559 --> 00:25:49,269
secures
with your ethereum the transaction and

1364
00:25:49,269 --> 00:25:49,279
with your ethereum the transaction and
 

1365
00:25:49,279 --> 00:25:49,909
with your ethereum the transaction and
if you're

1366
00:25:49,909 --> 00:25:49,919
if you're
 

1367
00:25:49,919 --> 00:25:53,190
if you're
you're a bad actor the you will lose

1368
00:25:53,190 --> 00:25:53,200
you're a bad actor the you will lose
 

1369
00:25:53,200 --> 00:25:53,590
you're a bad actor the you will lose
than

1370
00:25:53,590 --> 00:25:53,600
than
 

1371
00:25:53,600 --> 00:25:56,789
than
your the money that you put at stake

1372
00:25:56,789 --> 00:25:56,799
your the money that you put at stake
 

1373
00:25:56,799 --> 00:25:59,909
your the money that you put at stake
okay that's proof of stake

1374
00:25:59,909 --> 00:25:59,919
okay that's proof of stake
 

1375
00:25:59,919 --> 00:26:03,269
okay that's proof of stake
interesting interesting my point was to

1376
00:26:03,269 --> 00:26:03,279
interesting interesting my point was to
 

1377
00:26:03,279 --> 00:26:04,149
interesting interesting my point was to
understand

1378
00:26:04,149 --> 00:26:04,159
understand
 

1379
00:26:04,159 --> 00:26:06,390
understand
and because i think it has to be said in

1380
00:26:06,390 --> 00:26:06,400
and because i think it has to be said in
 

1381
00:26:06,400 --> 00:26:08,390
and because i think it has to be said in
this beta

1382
00:26:08,390 --> 00:26:08,400
this beta
 

1383
00:26:08,400 --> 00:26:10,870
this beta
about uh if people want to get into this

1384
00:26:10,870 --> 00:26:10,880
about uh if people want to get into this
 

1385
00:26:10,880 --> 00:26:13,029
about uh if people want to get into this
to learn uh or to invest

1386
00:26:13,029 --> 00:26:13,039
to learn uh or to invest
 

1387
00:26:13,039 --> 00:26:16,630
to learn uh or to invest
um uh there is on all the advice uh

1388
00:26:16,630 --> 00:26:16,640
um uh there is on all the advice uh
 

1389
00:26:16,640 --> 00:26:18,870
um uh there is on all the advice uh
i think it's over a hundred years old

1390
00:26:18,870 --> 00:26:18,880
i think it's over a hundred years old
 

1391
00:26:18,880 --> 00:26:19,830
i think it's over a hundred years old
advice that

1392
00:26:19,830 --> 00:26:19,840
advice that
 

1393
00:26:19,840 --> 00:26:22,789
advice that
and never put more money into it into

1394
00:26:22,789 --> 00:26:22,799
and never put more money into it into
 

1395
00:26:22,799 --> 00:26:23,110
and never put more money into it into
this

1396
00:26:23,110 --> 00:26:23,120
this
 

1397
00:26:23,120 --> 00:26:25,750
this
then you can afford to lose right yeah

1398
00:26:25,750 --> 00:26:25,760
then you can afford to lose right yeah
 

1399
00:26:25,760 --> 00:26:26,230
then you can afford to lose right yeah
yeah

1400
00:26:26,230 --> 00:26:26,240
yeah
 

1401
00:26:26,240 --> 00:26:29,990
yeah
absolutely yeah absolutely okay so

1402
00:26:29,990 --> 00:26:30,000
absolutely yeah absolutely okay so
 

1403
00:26:30,000 --> 00:26:31,510
absolutely yeah absolutely okay so
uh we've only got a couple of minutes

1404
00:26:31,510 --> 00:26:31,520
uh we've only got a couple of minutes
 

1405
00:26:31,520 --> 00:26:33,669
uh we've only got a couple of minutes
left so last call for

1406
00:26:33,669 --> 00:26:33,679
left so last call for
 

1407
00:26:33,679 --> 00:26:36,549
left so last call for
questions if there's any other if anyone

1408
00:26:36,549 --> 00:26:36,559
questions if there's any other if anyone
 

1409
00:26:36,559 --> 00:26:37,110
questions if there's any other if anyone
has any

1410
00:26:37,110 --> 00:26:37,120
has any
 

1411
00:26:37,120 --> 00:26:39,669
has any
additional questions for robert i've got

1412
00:26:39,669 --> 00:26:39,679
additional questions for robert i've got
 

1413
00:26:39,679 --> 00:26:40,950
additional questions for robert i've got
i've got still one remark to the

1414
00:26:40,950 --> 00:26:40,960
i've got still one remark to the
 

1415
00:26:40,960 --> 00:26:42,149
i've got still one remark to the
investment side there

1416
00:26:42,149 --> 00:26:42,159
investment side there
 

1417
00:26:42,159 --> 00:26:44,470
investment side there
please go ahead robert go ahead because

1418
00:26:44,470 --> 00:26:44,480
please go ahead robert go ahead because
 

1419
00:26:44,480 --> 00:26:45,669
please go ahead robert go ahead because
the difference i mean

1420
00:26:45,669 --> 00:26:45,679
the difference i mean
 

1421
00:26:45,679 --> 00:26:47,909
the difference i mean
what i see with people that have not

1422
00:26:47,909 --> 00:26:47,919
what i see with people that have not
 

1423
00:26:47,919 --> 00:26:48,789
what i see with people that have not
been

1424
00:26:48,789 --> 00:26:48,799
been
 

1425
00:26:48,799 --> 00:26:51,269
been
involved in cryptocurrencies and they

1426
00:26:51,269 --> 00:26:51,279
involved in cryptocurrencies and they
 

1427
00:26:51,279 --> 00:26:51,990
involved in cryptocurrencies and they
want to invest

1428
00:26:51,990 --> 00:26:52,000
want to invest
 

1429
00:26:52,000 --> 00:26:54,070
want to invest
something they come with the old mindset

1430
00:26:54,070 --> 00:26:54,080
something they come with the old mindset
 

1431
00:26:54,080 --> 00:26:56,070
something they come with the old mindset
of shares

1432
00:26:56,070 --> 00:26:56,080
of shares
 

1433
00:26:56,080 --> 00:26:58,950
of shares
that is absolutely not valid anymore so

1434
00:26:58,950 --> 00:26:58,960
that is absolutely not valid anymore so
 

1435
00:26:58,960 --> 00:27:00,390
that is absolutely not valid anymore so
if you're coming

1436
00:27:00,390 --> 00:27:00,400
if you're coming
 

1437
00:27:00,400 --> 00:27:03,350
if you're coming
with that mindset you will have a root

1438
00:27:03,350 --> 00:27:03,360
with that mindset you will have a root
 

1439
00:27:03,360 --> 00:27:04,789
with that mindset you will have a root
awakening at some time

1440
00:27:04,789 --> 00:27:04,799
awakening at some time
 

1441
00:27:04,799 --> 00:27:07,110
awakening at some time
and why if you do your research on a

1442
00:27:07,110 --> 00:27:07,120
and why if you do your research on a
 

1443
00:27:07,120 --> 00:27:09,190
and why if you do your research on a
currency i'd say if you go to something

1444
00:27:09,190 --> 00:27:09,200
currency i'd say if you go to something
 

1445
00:27:09,200 --> 00:27:10,870
currency i'd say if you go to something
like coin gecko and do some research

1446
00:27:10,870 --> 00:27:10,880
like coin gecko and do some research
 

1447
00:27:10,880 --> 00:27:12,310
like coin gecko and do some research
there

1448
00:27:12,310 --> 00:27:12,320
there
 

1449
00:27:12,320 --> 00:27:15,590
there
then first thing is the the network

1450
00:27:15,590 --> 00:27:15,600
then first thing is the the network
 

1451
00:27:15,600 --> 00:27:18,630
then first thing is the the network
is extremely important yeah because

1452
00:27:18,630 --> 00:27:18,640
is extremely important yeah because
 

1453
00:27:18,640 --> 00:27:20,310
is extremely important yeah because
in the case of bitcoin it's easy but if

1454
00:27:20,310 --> 00:27:20,320
in the case of bitcoin it's easy but if
 

1455
00:27:20,320 --> 00:27:21,830
in the case of bitcoin it's easy but if
you go to a currency

1456
00:27:21,830 --> 00:27:21,840
you go to a currency
 

1457
00:27:21,840 --> 00:27:24,149
you go to a currency
that is unknown uh or smaller like let's

1458
00:27:24,149 --> 00:27:24,159
that is unknown uh or smaller like let's
 

1459
00:27:24,159 --> 00:27:25,510
that is unknown uh or smaller like let's
say rook or

1460
00:27:25,510 --> 00:27:25,520
say rook or
 

1461
00:27:25,520 --> 00:27:28,389
say rook or
or mahada or whatever then you have got

1462
00:27:28,389 --> 00:27:28,399
or mahada or whatever then you have got
 

1463
00:27:28,399 --> 00:27:29,750
or mahada or whatever then you have got
a complete different network

1464
00:27:29,750 --> 00:27:29,760
a complete different network
 

1465
00:27:29,760 --> 00:27:31,430
a complete different network
and if nobody's pushing that network

1466
00:27:31,430 --> 00:27:31,440
and if nobody's pushing that network
 

1467
00:27:31,440 --> 00:27:32,870
and if nobody's pushing that network
there's nobody behind it

1468
00:27:32,870 --> 00:27:32,880
there's nobody behind it
 

1469
00:27:32,880 --> 00:27:35,510
there's nobody behind it
that thing will not go up in value so

1470
00:27:35,510 --> 00:27:35,520
that thing will not go up in value so
 

1471
00:27:35,520 --> 00:27:37,909
that thing will not go up in value so
the research is a complete different one

1472
00:27:37,909 --> 00:27:37,919
the research is a complete different one
 

1473
00:27:37,919 --> 00:27:40,070
the research is a complete different one
yeah you have to you have to compare it

1474
00:27:40,070 --> 00:27:40,080
yeah you have to you have to compare it
 

1475
00:27:40,080 --> 00:27:41,590
yeah you have to you have to compare it
with a gme

1476
00:27:41,590 --> 00:27:41,600
with a gme
 

1477
00:27:41,600 --> 00:27:45,430
with a gme
uh with the game game

1478
00:27:45,430 --> 00:27:45,440
uh with the game game
 

1479
00:27:45,440 --> 00:27:48,230
uh with the game game
called game shop what happened last week

1480
00:27:48,230 --> 00:27:48,240
called game shop what happened last week
 

1481
00:27:48,240 --> 00:27:49,350
called game shop what happened last week
that's exactly how

1482
00:27:49,350 --> 00:27:49,360
that's exactly how
 

1483
00:27:49,360 --> 00:27:51,909
that's exactly how
how cryptocurrencies are being pushed

1484
00:27:51,909 --> 00:27:51,919
how cryptocurrencies are being pushed
 

1485
00:27:51,919 --> 00:27:52,389
how cryptocurrencies are being pushed
and

1486
00:27:52,389 --> 00:27:52,399
and
 

1487
00:27:52,399 --> 00:27:55,029
and
and uh and that's how you have to do

1488
00:27:55,029 --> 00:27:55,039
and uh and that's how you have to do
 

1489
00:27:55,039 --> 00:27:55,510
and uh and that's how you have to do
your

1490
00:27:55,510 --> 00:27:55,520
your
 

1491
00:27:55,520 --> 00:27:57,590
your
research so it's looking into the

1492
00:27:57,590 --> 00:27:57,600
research so it's looking into the
 

1493
00:27:57,600 --> 00:27:59,590
research so it's looking into the
currency that has got a great developer

1494
00:27:59,590 --> 00:27:59,600
currency that has got a great developer
 

1495
00:27:59,600 --> 00:28:00,389
currency that has got a great developer
team

1496
00:28:00,389 --> 00:28:00,399
team
 

1497
00:28:00,399 --> 00:28:02,710
team
management is not that important it's

1498
00:28:02,710 --> 00:28:02,720
management is not that important it's
 

1499
00:28:02,720 --> 00:28:03,830
management is not that important it's
the developers

1500
00:28:03,830 --> 00:28:03,840
the developers
 

1501
00:28:03,840 --> 00:28:05,590
the developers
and the marketing side so if they have

1502
00:28:05,590 --> 00:28:05,600
and the marketing side so if they have
 

1503
00:28:05,600 --> 00:28:07,110
and the marketing side so if they have
got really good developers that are

1504
00:28:07,110 --> 00:28:07,120
got really good developers that are
 

1505
00:28:07,120 --> 00:28:08,230
got really good developers that are
active

1506
00:28:08,230 --> 00:28:08,240
active
 

1507
00:28:08,240 --> 00:28:10,870
active
because very many times these projects

1508
00:28:10,870 --> 00:28:10,880
because very many times these projects
 

1509
00:28:10,880 --> 00:28:11,830
because very many times these projects
are open source

1510
00:28:11,830 --> 00:28:11,840
are open source
 

1511
00:28:11,840 --> 00:28:13,750
are open source
so you can check what they're doing and

1512
00:28:13,750 --> 00:28:13,760
so you can check what they're doing and
 

1513
00:28:13,760 --> 00:28:15,430
so you can check what they're doing and
if you see that that network it's all on

1514
00:28:15,430 --> 00:28:15,440
if you see that that network it's all on
 

1515
00:28:15,440 --> 00:28:16,310
if you see that that network it's all on
github if

1516
00:28:16,310 --> 00:28:16,320
github if
 

1517
00:28:16,320 --> 00:28:18,470
github if
you can check that they're really active

1518
00:28:18,470 --> 00:28:18,480
you can check that they're really active
 

1519
00:28:18,480 --> 00:28:19,830
you can check that they're really active
in doing something

1520
00:28:19,830 --> 00:28:19,840
in doing something
 

1521
00:28:19,840 --> 00:28:23,430
in doing something
then um then that's a big plus sign

1522
00:28:23,430 --> 00:28:23,440
then um then that's a big plus sign
 

1523
00:28:23,440 --> 00:28:26,310
then um then that's a big plus sign
the network has to be big and also the

1524
00:28:26,310 --> 00:28:26,320
the network has to be big and also the
 

1525
00:28:26,320 --> 00:28:27,990
the network has to be big and also the
idea has to be a big one but

1526
00:28:27,990 --> 00:28:28,000
idea has to be a big one but
 

1527
00:28:28,000 --> 00:28:29,590
idea has to be a big one but
if the idea is not big you will not find

1528
00:28:29,590 --> 00:28:29,600
if the idea is not big you will not find
 

1529
00:28:29,600 --> 00:28:31,750
if the idea is not big you will not find
many developers supporting that

1530
00:28:31,750 --> 00:28:31,760
many developers supporting that
 

1531
00:28:31,760 --> 00:28:34,789
many developers supporting that
that card anyway and it's true

1532
00:28:34,789 --> 00:28:34,799
that card anyway and it's true
 

1533
00:28:34,799 --> 00:28:36,950
that card anyway and it's true
also that that network has to be

1534
00:28:36,950 --> 00:28:36,960
also that that network has to be
 

1535
00:28:36,960 --> 00:28:39,830
also that that network has to be
supported by developers not only now

1536
00:28:39,830 --> 00:28:39,840
supported by developers not only now
 

1537
00:28:39,840 --> 00:28:43,190
supported by developers not only now
but also in the future as as as we move

1538
00:28:43,190 --> 00:28:43,200
but also in the future as as as we move
 

1539
00:28:43,200 --> 00:28:44,710
but also in the future as as as we move
forward because

1540
00:28:44,710 --> 00:28:44,720
forward because
 

1541
00:28:44,720 --> 00:28:47,269
forward because
uh yeah but if they lose interest in the

1542
00:28:47,269 --> 00:28:47,279
uh yeah but if they lose interest in the
 

1543
00:28:47,279 --> 00:28:48,389
uh yeah but if they lose interest in the
project

1544
00:28:48,389 --> 00:28:48,399
project
 

1545
00:28:48,399 --> 00:28:51,350
project
yeah they're stale now you have got the

1546
00:28:51,350 --> 00:28:51,360
yeah they're stale now you have got the
 

1547
00:28:51,360 --> 00:28:52,149
yeah they're stale now you have got the
market

1548
00:28:52,149 --> 00:28:52,159
market
 

1549
00:28:52,159 --> 00:28:55,110
market
that dictates that because now we're

1550
00:28:55,110 --> 00:28:55,120
that dictates that because now we're
 

1551
00:28:55,120 --> 00:28:56,710
that dictates that because now we're
coming into a bull market or we are

1552
00:28:56,710 --> 00:28:56,720
coming into a bull market or we are
 

1553
00:28:56,720 --> 00:28:58,549
coming into a bull market or we are
already in a bull market

1554
00:28:58,549 --> 00:28:58,559
already in a bull market
 

1555
00:28:58,559 --> 00:29:01,669
already in a bull market
and i've seen that now in 2018 and 19

1556
00:29:01,669 --> 00:29:01,679
and i've seen that now in 2018 and 19
 

1557
00:29:01,679 --> 00:29:03,669
and i've seen that now in 2018 and 19
where we had a bear market

1558
00:29:03,669 --> 00:29:03,679
where we had a bear market
 

1559
00:29:03,679 --> 00:29:05,830
where we had a bear market
then a lot of people will lose interest

1560
00:29:05,830 --> 00:29:05,840
then a lot of people will lose interest
 

1561
00:29:05,840 --> 00:29:07,269
then a lot of people will lose interest
and those things will go down

1562
00:29:07,269 --> 00:29:07,279
and those things will go down
 

1563
00:29:07,279 --> 00:29:09,909
and those things will go down
i mean all other coins bitcoin went down

1564
00:29:09,909 --> 00:29:09,919
i mean all other coins bitcoin went down
 

1565
00:29:09,919 --> 00:29:11,990
i mean all other coins bitcoin went down
by 80 85 percent and other grants that

1566
00:29:11,990 --> 00:29:12,000
by 80 85 percent and other grants that
 

1567
00:29:12,000 --> 00:29:13,430
by 80 85 percent and other grants that
cardano went over 90

1568
00:29:13,430 --> 00:29:13,440
cardano went over 90
 

1569
00:29:13,440 --> 00:29:16,789
cardano went over 90
95 down from the the cardano was once at

1570
00:29:16,789 --> 00:29:16,799
95 down from the the cardano was once at
 

1571
00:29:16,799 --> 00:29:18,149
95 down from the the cardano was once at
1.30

1572
00:29:18,149 --> 00:29:18,159
1.30
 

1573
00:29:18,159 --> 00:29:22,070
1.30
and it went down to 5 cents and so

1574
00:29:22,070 --> 00:29:22,080
and it went down to 5 cents and so
 

1575
00:29:22,080 --> 00:29:24,310
and it went down to 5 cents and so
so that is important from the investment

1576
00:29:24,310 --> 00:29:24,320
so that is important from the investment
 

1577
00:29:24,320 --> 00:29:25,990
so that is important from the investment
point of view yeah so the time

1578
00:29:25,990 --> 00:29:26,000
point of view yeah so the time
 

1579
00:29:26,000 --> 00:29:28,789
point of view yeah so the time
is good to get into cryptos now again no

1580
00:29:28,789 --> 00:29:28,799
is good to get into cryptos now again no
 

1581
00:29:28,799 --> 00:29:30,310
is good to get into cryptos now again no
financial advice

1582
00:29:30,310 --> 00:29:30,320
financial advice
 

1583
00:29:30,320 --> 00:29:32,389
financial advice
but the time is good but you have to

1584
00:29:32,389 --> 00:29:32,399
but the time is good but you have to
 

1585
00:29:32,399 --> 00:29:34,389
but the time is good but you have to
know when to exit this thing

1586
00:29:34,389 --> 00:29:34,399
know when to exit this thing
 

1587
00:29:34,399 --> 00:29:37,350
know when to exit this thing
and so from the investment point of view

1588
00:29:37,350 --> 00:29:37,360
and so from the investment point of view
 

1589
00:29:37,360 --> 00:29:38,950
and so from the investment point of view
not from the cryptocurrency for just

1590
00:29:38,950 --> 00:29:38,960
not from the cryptocurrency for just
 

1591
00:29:38,960 --> 00:29:40,149
not from the cryptocurrency for just
from the investment point of view you

1592
00:29:40,149 --> 00:29:40,159
from the investment point of view you
 

1593
00:29:40,159 --> 00:29:41,430
from the investment point of view you
need to

1594
00:29:41,430 --> 00:29:41,440
need to
 

1595
00:29:41,440 --> 00:29:43,110
need to
not be greedy if you're greedy you will

1596
00:29:43,110 --> 00:29:43,120
not be greedy if you're greedy you will
 

1597
00:29:43,120 --> 00:29:44,950
not be greedy if you're greedy you will
lose it you will never time the market

1598
00:29:44,950 --> 00:29:44,960
lose it you will never time the market
 

1599
00:29:44,960 --> 00:29:48,070
lose it you will never time the market
correctly anyway so on the way up you

1600
00:29:48,070 --> 00:29:48,080
correctly anyway so on the way up you
 

1601
00:29:48,080 --> 00:29:49,990
correctly anyway so on the way up you
have to take profits

1602
00:29:49,990 --> 00:29:50,000
have to take profits
 

1603
00:29:50,000 --> 00:29:52,310
have to take profits
constantly and on the way down you have

1604
00:29:52,310 --> 00:29:52,320
constantly and on the way down you have
 

1605
00:29:52,320 --> 00:29:54,789
constantly and on the way down you have
to also take profits because you never

1606
00:29:54,789 --> 00:29:54,799
to also take profits because you never
 

1607
00:29:54,799 --> 00:29:56,789
to also take profits because you never
know because these things can fluctuate

1608
00:29:56,789 --> 00:29:56,799
know because these things can fluctuate
 

1609
00:29:56,799 --> 00:30:00,149
know because these things can fluctuate
20 in one day or in a few days

1610
00:30:00,149 --> 00:30:00,159
20 in one day or in a few days
 

1611
00:30:00,159 --> 00:30:01,830
20 in one day or in a few days
so you don't know if this is a it's a

1612
00:30:01,830 --> 00:30:01,840
so you don't know if this is a it's a
 

1613
00:30:01,840 --> 00:30:03,510
so you don't know if this is a it's a
bubble that burst or if it's a bear

1614
00:30:03,510 --> 00:30:03,520
bubble that burst or if it's a bear
 

1615
00:30:03,520 --> 00:30:05,750
bubble that burst or if it's a bear
market or it's still bull market

1616
00:30:05,750 --> 00:30:05,760
market or it's still bull market
 

1617
00:30:05,760 --> 00:30:08,230
market or it's still bull market
yeah so always take profits very

1618
00:30:08,230 --> 00:30:08,240
yeah so always take profits very
 

1619
00:30:08,240 --> 00:30:09,269
yeah so always take profits very
important

1620
00:30:09,269 --> 00:30:09,279
important
 

1621
00:30:09,279 --> 00:30:12,149
important
okay and then and you can't basically

1622
00:30:12,149 --> 00:30:12,159
okay and then and you can't basically
 

1623
00:30:12,159 --> 00:30:14,470
okay and then and you can't basically
you can't lose

1624
00:30:14,470 --> 00:30:14,480
you can't lose
 

1625
00:30:14,480 --> 00:30:17,750
you can't lose
excellent robert thank you so much for

1626
00:30:17,750 --> 00:30:17,760
excellent robert thank you so much for
 

1627
00:30:17,760 --> 00:30:18,630
excellent robert thank you so much for
joining us

1628
00:30:18,630 --> 00:30:18,640
joining us
 

1629
00:30:18,640 --> 00:30:21,830
joining us
that that was it's been a yeah

1630
00:30:21,830 --> 00:30:21,840
that that was it's been a yeah
 

1631
00:30:21,840 --> 00:30:24,230
that that was it's been a yeah
very informative i'm sorry we only have

1632
00:30:24,230 --> 00:30:24,240
very informative i'm sorry we only have
 

1633
00:30:24,240 --> 00:30:26,230
very informative i'm sorry we only have
25 minutes we've already exceeded that

1634
00:30:26,230 --> 00:30:26,240
25 minutes we've already exceeded that
 

1635
00:30:26,240 --> 00:30:26,950
25 minutes we've already exceeded that
but

1636
00:30:26,950 --> 00:30:26,960
but
 

1637
00:30:26,960 --> 00:30:28,389
but
we had some audio issues at the

1638
00:30:28,389 --> 00:30:28,399
we had some audio issues at the
 

1639
00:30:28,399 --> 00:30:30,070
we had some audio issues at the
beginning but i'll let it out so that'll

1640
00:30:30,070 --> 00:30:30,080
beginning but i'll let it out so that'll
 

1641
00:30:30,080 --> 00:30:30,549
beginning but i'll let it out so that'll
be fine

1642
00:30:30,549 --> 00:30:30,559
be fine
 

1643
00:30:30,559 --> 00:30:33,909
be fine
no problem at all another one more

1644
00:30:33,909 --> 00:30:33,919
no problem at all another one more
 

1645
00:30:33,919 --> 00:30:35,990
no problem at all another one more
reminder we are not offering financial

1646
00:30:35,990 --> 00:30:36,000
reminder we are not offering financial
 

1647
00:30:36,000 --> 00:30:38,230
reminder we are not offering financial
advice this is purely just uh our

1648
00:30:38,230 --> 00:30:38,240
advice this is purely just uh our
 

1649
00:30:38,240 --> 00:30:40,389
advice this is purely just uh our
opinion and what we're reporting in the

1650
00:30:40,389 --> 00:30:40,399
opinion and what we're reporting in the
 

1651
00:30:40,399 --> 00:30:42,070
opinion and what we're reporting in the
in the industry right now yeah and it's

1652
00:30:42,070 --> 00:30:42,080
in the industry right now yeah and it's
 

1653
00:30:42,080 --> 00:30:43,990
in the industry right now yeah and it's
it's my experience of what i see in the

1654
00:30:43,990 --> 00:30:44,000
it's my experience of what i see in the
 

1655
00:30:44,000 --> 00:30:45,029
it's my experience of what i see in the
market so

1656
00:30:45,029 --> 00:30:45,039
market so
 

1657
00:30:45,039 --> 00:30:46,870
market so
you don't fall into the same class but

1658
00:30:46,870 --> 00:30:46,880
you don't fall into the same class but
 

1659
00:30:46,880 --> 00:30:49,190
you don't fall into the same class but
it's not financial advice clearly not

1660
00:30:49,190 --> 00:30:49,200
it's not financial advice clearly not
 

1661
00:30:49,200 --> 00:30:51,029
it's not financial advice clearly not
thank you again you are welcome to join

1662
00:30:51,029 --> 00:30:51,039
thank you again you are welcome to join
 

1663
00:30:51,039 --> 00:30:53,269
thank you again you are welcome to join
us anytime robert i would love to uh

1664
00:30:53,269 --> 00:30:53,279
us anytime robert i would love to uh
 

1665
00:30:53,279 --> 00:30:53,830
us anytime robert i would love to uh
thank you

1666
00:30:53,830 --> 00:30:53,840
thank you
 

1667
00:30:53,840 --> 00:30:56,470
thank you
i would love to to you know ask you more

1668
00:30:56,470 --> 00:30:56,480
i would love to to you know ask you more
 

1669
00:30:56,480 --> 00:30:58,310
i would love to to you know ask you more
questions and pick your brains even more

1670
00:30:58,310 --> 00:30:58,320
questions and pick your brains even more
 

1671
00:30:58,320 --> 00:30:58,789
questions and pick your brains even more
so

1672
00:30:58,789 --> 00:30:58,799
so
 

1673
00:30:58,799 --> 00:31:00,389
so
yeah we can do that next week or in two

1674
00:31:00,389 --> 00:31:00,399
yeah we can do that next week or in two
 

1675
00:31:00,399 --> 00:31:01,830
yeah we can do that next week or in two
weeks now two weeks would be difficult

1676
00:31:01,830 --> 00:31:01,840
weeks now two weeks would be difficult
 

1677
00:31:01,840 --> 00:31:04,070
weeks now two weeks would be difficult
for next week

1678
00:31:04,070 --> 00:31:04,080
for next week
 

1679
00:31:04,080 --> 00:31:06,470
for next week
just invite me back in and i uh we can

1680
00:31:06,470 --> 00:31:06,480
just invite me back in and i uh we can
 

1681
00:31:06,480 --> 00:31:08,389
just invite me back in and i uh we can
continue i love this year

1682
00:31:08,389 --> 00:31:08,399
continue i love this year
 

1683
00:31:08,399 --> 00:31:09,909
continue i love this year
anyway it's my passion i'm doing this

1684
00:31:09,909 --> 00:31:09,919
anyway it's my passion i'm doing this
 

1685
00:31:09,919 --> 00:31:11,669
anyway it's my passion i'm doing this
here full time so

1686
00:31:11,669 --> 00:31:11,679
here full time so
 

1687
00:31:11,679 --> 00:31:14,789
here full time so
um i'm i'm i'm up i like those

1688
00:31:14,789 --> 00:31:14,799
um i'm i'm i'm up i like those
 

1689
00:31:14,799 --> 00:31:15,909
um i'm i'm i'm up i like those
discussions

1690
00:31:15,909 --> 00:31:15,919
discussions
 

1691
00:31:15,919 --> 00:31:17,590
discussions
so don't forget to check out robert's

1692
00:31:17,590 --> 00:31:17,600
so don't forget to check out robert's
 

1693
00:31:17,600 --> 00:31:19,669
so don't forget to check out robert's
crypto corner segments that he has every

1694
00:31:19,669 --> 00:31:19,679
crypto corner segments that he has every
 

1695
00:31:19,679 --> 00:31:22,149
crypto corner segments that he has every
week here on category 5 tv

1696
00:31:22,149 --> 00:31:22,159
week here on category 5 tv
 

1697
00:31:22,159 --> 00:31:25,029
week here on category 5 tv
and uh and that's that's it for uh for

1698
00:31:25,029 --> 00:31:25,039
and uh and that's that's it for uh for
 

1699
00:31:25,039 --> 00:31:25,830
and uh and that's that's it for uh for
this week

1700
00:31:25,830 --> 00:31:25,840
this week
 

1701
00:31:25,840 --> 00:31:27,350
this week
thank you again for everybody for

1702
00:31:27,350 --> 00:31:27,360
thank you again for everybody for
 

1703
00:31:27,360 --> 00:31:28,950
thank you again for everybody for
participating and have a

1704
00:31:28,950 --> 00:31:28,960
participating and have a
 

1705
00:31:28,960 --> 00:31:31,110
participating and have a
have a great day take care bye-bye thank

1706
00:31:31,110 --> 00:31:31,120
have a great day take care bye-bye thank
 

1707
00:31:31,120 --> 00:31:33,509
have a great day take care bye-bye thank
you robert thank you bye everybody

1708
00:31:33,509 --> 00:31:33,519
you robert thank you bye everybody
 

1709
00:31:33,519 --> 00:31:48,870
you robert thank you bye everybody
bye everybody

1710
00:31:48,870 --> 00:31:48,880

 

1711
00:31:48,880 --> 00:31:50,960

you