1 00:00:00,400 --> 00:00:03,669 [Music] 2 00:00:03,669 --> 00:00:03,679 3 00:00:03,679 --> 00:00:06,309 welcome back to the world of cryptos and 4 00:00:06,309 --> 00:00:06,319 welcome back to the world of cryptos and 5 00:00:06,319 --> 00:00:08,230 welcome back to the world of cryptos and welcome back to the crypto corner 6 00:00:08,230 --> 00:00:08,240 welcome back to the crypto corner 7 00:00:08,240 --> 00:00:09,589 welcome back to the crypto corner i hope you're well and i hope you 8 00:00:09,589 --> 00:00:09,599 i hope you're well and i hope you 9 00:00:09,599 --> 00:00:11,350 i hope you're well and i hope you survived the recent correction in the 10 00:00:11,350 --> 00:00:11,360 survived the recent correction in the 11 00:00:11,360 --> 00:00:13,509 survived the recent correction in the market without any harm 12 00:00:13,509 --> 00:00:13,519 market without any harm 13 00:00:13,519 --> 00:00:15,350 market without any harm this week i'd like to focus on something 14 00:00:15,350 --> 00:00:15,360 this week i'd like to focus on something 15 00:00:15,360 --> 00:00:16,630 this week i'd like to focus on something that i touched on before 16 00:00:16,630 --> 00:00:16,640 that i touched on before 17 00:00:16,640 --> 00:00:18,790 that i touched on before which is d5 decentralized finance and 18 00:00:18,790 --> 00:00:18,800 which is d5 decentralized finance and 19 00:00:18,800 --> 00:00:19,990 which is d5 decentralized finance and the reason is 20 00:00:19,990 --> 00:00:20,000 the reason is 21 00:00:20,000 --> 00:00:21,830 the reason is that some of our viewers started asking 22 00:00:21,830 --> 00:00:21,840 that some of our viewers started asking 23 00:00:21,840 --> 00:00:24,550 that some of our viewers started asking questions hey isn't d5 a scam 24 00:00:24,550 --> 00:00:24,560 questions hey isn't d5 a scam 25 00:00:24,560 --> 00:00:26,950 questions hey isn't d5 a scam why should i be part of this year so let 26 00:00:26,950 --> 00:00:26,960 why should i be part of this year so let 27 00:00:26,960 --> 00:00:28,390 why should i be part of this year so let me answer you those questions 28 00:00:28,390 --> 00:00:28,400 me answer you those questions 29 00:00:28,400 --> 00:00:31,189 me answer you those questions first no it's not a scam it's on the 30 00:00:31,189 --> 00:00:31,199 first no it's not a scam it's on the 31 00:00:31,199 --> 00:00:31,750 first no it's not a scam it's on the country 32 00:00:31,750 --> 00:00:31,760 country 33 00:00:31,760 --> 00:00:33,830 country it's going to be the future of our 34 00:00:33,830 --> 00:00:33,840 it's going to be the future of our 35 00:00:33,840 --> 00:00:36,069 it's going to be the future of our financial system as we know it 36 00:00:36,069 --> 00:00:36,079 financial system as we know it 37 00:00:36,079 --> 00:00:37,990 financial system as we know it and yes you should definitely be part of 38 00:00:37,990 --> 00:00:38,000 and yes you should definitely be part of 39 00:00:38,000 --> 00:00:39,910 and yes you should definitely be part of this year now 40 00:00:39,910 --> 00:00:39,920 this year now 41 00:00:39,920 --> 00:00:42,389 this year now where is this coming from and if we look 42 00:00:42,389 --> 00:00:42,399 where is this coming from and if we look 43 00:00:42,399 --> 00:00:44,549 where is this coming from and if we look at this website here you can see that if 44 00:00:44,549 --> 00:00:44,559 at this website here you can see that if 45 00:00:44,559 --> 00:00:47,430 at this website here you can see that if you would provide ample eth as liquidity 46 00:00:47,430 --> 00:00:47,440 you would provide ample eth as liquidity 47 00:00:47,440 --> 00:00:49,190 you would provide ample eth as liquidity you would get over a thousand percent 48 00:00:49,190 --> 00:00:49,200 you would get over a thousand percent 49 00:00:49,200 --> 00:00:50,630 you would get over a thousand percent apr and that 50 00:00:50,630 --> 00:00:50,640 apr and that 51 00:00:50,640 --> 00:00:53,590 apr and that sounds like magic right it doesn't sound 52 00:00:53,590 --> 00:00:53,600 sounds like magic right it doesn't sound 53 00:00:53,600 --> 00:00:55,270 sounds like magic right it doesn't sound very real especially if you would put 54 00:00:55,270 --> 00:00:55,280 very real especially if you would put 55 00:00:55,280 --> 00:00:58,470 very real especially if you would put money in your normal account in your 56 00:00:58,470 --> 00:00:58,480 money in your normal account in your 57 00:00:58,480 --> 00:00:59,590 money in your normal account in your traditional bank 58 00:00:59,590 --> 00:00:59,600 traditional bank 59 00:00:59,600 --> 00:01:03,110 traditional bank you would probably get 0.5 apr 60 00:01:03,110 --> 00:01:03,120 you would probably get 0.5 apr 61 00:01:03,120 --> 00:01:06,070 you would probably get 0.5 apr so why is this number so big and what 62 00:01:06,070 --> 00:01:06,080 so why is this number so big and what 63 00:01:06,080 --> 00:01:08,149 so why is this number so big and what i'm going to do now is i'm going to go 64 00:01:08,149 --> 00:01:08,159 i'm going to do now is i'm going to go 65 00:01:08,159 --> 00:01:10,070 i'm going to do now is i'm going to go into the detail of where this number is 66 00:01:10,070 --> 00:01:10,080 into the detail of where this number is 67 00:01:10,080 --> 00:01:11,350 into the detail of where this number is coming from 68 00:01:11,350 --> 00:01:11,360 coming from 69 00:01:11,360 --> 00:01:14,390 coming from and i'm not going to be going too much 70 00:01:14,390 --> 00:01:14,400 and i'm not going to be going too much 71 00:01:14,400 --> 00:01:16,149 and i'm not going to be going too much into too much detail 72 00:01:16,149 --> 00:01:16,159 into too much detail 73 00:01:16,159 --> 00:01:18,710 into too much detail so i'm simplifying a lot but you will 74 00:01:18,710 --> 00:01:18,720 so i'm simplifying a lot but you will 75 00:01:18,720 --> 00:01:20,070 so i'm simplifying a lot but you will get the idea 76 00:01:20,070 --> 00:01:20,080 get the idea 77 00:01:20,080 --> 00:01:22,230 get the idea the first part is if we look at the 78 00:01:22,230 --> 00:01:22,240 the first part is if we look at the 79 00:01:22,240 --> 00:01:23,590 the first part is if we look at the rates 80 00:01:23,590 --> 00:01:23,600 rates 81 00:01:23,600 --> 00:01:26,469 rates of where the market is in the in the 82 00:01:26,469 --> 00:01:26,479 of where the market is in the in the 83 00:01:26,479 --> 00:01:27,590 of where the market is in the in the crypto market 84 00:01:27,590 --> 00:01:27,600 crypto market 85 00:01:27,600 --> 00:01:29,109 crypto market it's not that much different from the 86 00:01:29,109 --> 00:01:29,119 it's not that much different from the 87 00:01:29,119 --> 00:01:32,069 it's not that much different from the traditional bank yeah so usdc 88 00:01:32,069 --> 00:01:32,079 traditional bank yeah so usdc 89 00:01:32,079 --> 00:01:35,109 traditional bank yeah so usdc if i would provide usdc's to to 90 00:01:35,109 --> 00:01:35,119 if i would provide usdc's to to 91 00:01:35,119 --> 00:01:37,910 if i would provide usdc's to to uh for example ava i would get 2.1 92 00:01:37,910 --> 00:01:37,920 uh for example ava i would get 2.1 93 00:01:37,920 --> 00:01:39,030 uh for example ava i would get 2.1 percent 94 00:01:39,030 --> 00:01:39,040 percent 95 00:01:39,040 --> 00:01:42,789 percent uh interest if i would borrow at other 96 00:01:42,789 --> 00:01:42,799 uh interest if i would borrow at other 97 00:01:42,799 --> 00:01:47,270 uh interest if i would borrow at other um usdc then i would got 4.4 percent 98 00:01:47,270 --> 00:01:47,280 um usdc then i would got 4.4 percent 99 00:01:47,280 --> 00:01:49,270 um usdc then i would got 4.4 percent so far so good right so that's not 100 00:01:49,270 --> 00:01:49,280 so far so good right so that's not 101 00:01:49,280 --> 00:01:51,429 so far so good right so that's not different so that's part one part two 102 00:01:51,429 --> 00:01:51,439 different so that's part one part two 103 00:01:51,439 --> 00:01:54,149 different so that's part one part two is if i would provide liquidity and for 104 00:01:54,149 --> 00:01:54,159 is if i would provide liquidity and for 105 00:01:54,159 --> 00:01:56,789 is if i would provide liquidity and for that we go to something called uniswap 106 00:01:56,789 --> 00:01:56,799 that we go to something called uniswap 107 00:01:56,799 --> 00:01:59,830 that we go to something called uniswap and uniswap is where you can exchange 108 00:01:59,830 --> 00:01:59,840 and uniswap is where you can exchange 109 00:01:59,840 --> 00:02:02,950 and uniswap is where you can exchange uh tokens so if you've got eth and you 110 00:02:02,950 --> 00:02:02,960 uh tokens so if you've got eth and you 111 00:02:02,960 --> 00:02:04,230 uh tokens so if you've got eth and you want to buy 112 00:02:04,230 --> 00:02:04,240 want to buy 113 00:02:04,240 --> 00:02:07,749 want to buy let's say band then as you can see down 114 00:02:07,749 --> 00:02:07,759 let's say band then as you can see down 115 00:02:07,759 --> 00:02:08,229 let's say band then as you can see down here 116 00:02:08,229 --> 00:02:08,239 here 117 00:02:08,239 --> 00:02:10,630 here you would have to provide a liquidity 118 00:02:10,630 --> 00:02:10,640 you would have to provide a liquidity 119 00:02:10,640 --> 00:02:12,229 you would have to provide a liquidity provider you would resear you would have 120 00:02:12,229 --> 00:02:12,239 provider you would resear you would have 121 00:02:12,239 --> 00:02:14,309 provider you would resear you would have to pay a liquidity provider fee 122 00:02:14,309 --> 00:02:14,319 to pay a liquidity provider fee 123 00:02:14,319 --> 00:02:16,150 to pay a liquidity provider fee and this this year and if you would 124 00:02:16,150 --> 00:02:16,160 and this this year and if you would 125 00:02:16,160 --> 00:02:17,990 and this this year and if you would provide money into this pool so if you 126 00:02:17,990 --> 00:02:18,000 provide money into this pool so if you 127 00:02:18,000 --> 00:02:20,150 provide money into this pool so if you in other words you provide eth and band 128 00:02:20,150 --> 00:02:20,160 in other words you provide eth and band 129 00:02:20,160 --> 00:02:23,030 in other words you provide eth and band so that other people can participate in 130 00:02:23,030 --> 00:02:23,040 so that other people can participate in 131 00:02:23,040 --> 00:02:23,830 so that other people can participate in this year 132 00:02:23,830 --> 00:02:23,840 this year 133 00:02:23,840 --> 00:02:27,589 this year then you would get part of this uh fee 134 00:02:27,589 --> 00:02:27,599 then you would get part of this uh fee 135 00:02:27,599 --> 00:02:30,309 then you would get part of this uh fee most part even yeah so it's very simple 136 00:02:30,309 --> 00:02:30,319 most part even yeah so it's very simple 137 00:02:30,319 --> 00:02:31,509 most part even yeah so it's very simple you click on pool 138 00:02:31,509 --> 00:02:31,519 you click on pool 139 00:02:31,519 --> 00:02:34,150 you click on pool you click on add liquidity you say what 140 00:02:34,150 --> 00:02:34,160 you click on add liquidity you say what 141 00:02:34,160 --> 00:02:35,430 you click on add liquidity you say what is it going to be 142 00:02:35,430 --> 00:02:35,440 is it going to be 143 00:02:35,440 --> 00:02:36,869 is it going to be and then you approve this year and 144 00:02:36,869 --> 00:02:36,879 and then you approve this year and 145 00:02:36,879 --> 00:02:39,509 and then you approve this year and that's it that's all you have to do 146 00:02:39,509 --> 00:02:39,519 that's it that's all you have to do 147 00:02:39,519 --> 00:02:41,190 that's it that's all you have to do so that's how you provide liquidity 148 00:02:41,190 --> 00:02:41,200 so that's how you provide liquidity 149 00:02:41,200 --> 00:02:42,869 so that's how you provide liquidity that's something that is unknown in the 150 00:02:42,869 --> 00:02:42,879 that's something that is unknown in the 151 00:02:42,879 --> 00:02:44,150 that's something that is unknown in the current market yeah 152 00:02:44,150 --> 00:02:44,160 current market yeah 153 00:02:44,160 --> 00:02:46,790 current market yeah that's reserved to banks market makers 154 00:02:46,790 --> 00:02:46,800 that's reserved to banks market makers 155 00:02:46,800 --> 00:02:48,309 that's reserved to banks market makers federal reserve you're not allowed to 156 00:02:48,309 --> 00:02:48,319 federal reserve you're not allowed to 157 00:02:48,319 --> 00:02:49,030 federal reserve you're not allowed to provide 158 00:02:49,030 --> 00:02:49,040 provide 159 00:02:49,040 --> 00:02:51,270 provide you're not allowed to be a market maker 160 00:02:51,270 --> 00:02:51,280 you're not allowed to be a market maker 161 00:02:51,280 --> 00:02:52,869 you're not allowed to be a market maker in the traditional market 162 00:02:52,869 --> 00:02:52,879 in the traditional market 163 00:02:52,879 --> 00:02:55,509 in the traditional market crypto market is different you can be 164 00:02:55,509 --> 00:02:55,519 crypto market is different you can be 165 00:02:55,519 --> 00:02:57,270 crypto market is different you can be participating in that 166 00:02:57,270 --> 00:02:57,280 participating in that 167 00:02:57,280 --> 00:02:59,589 participating in that the fourth one is something that we know 168 00:02:59,589 --> 00:02:59,599 the fourth one is something that we know 169 00:02:59,599 --> 00:03:01,430 the fourth one is something that we know also in the traditional market 170 00:03:01,430 --> 00:03:01,440 also in the traditional market 171 00:03:01,440 --> 00:03:03,589 also in the traditional market and there are high incentives and let me 172 00:03:03,589 --> 00:03:03,599 and there are high incentives and let me 173 00:03:03,599 --> 00:03:06,149 and there are high incentives and let me show you some examples first one 174 00:03:06,149 --> 00:03:06,159 show you some examples first one 175 00:03:06,159 --> 00:03:09,830 show you some examples first one is um here with credit cards 176 00:03:09,830 --> 00:03:09,840 is um here with credit cards 177 00:03:09,840 --> 00:03:11,990 is um here with credit cards if i sign up with this blue cash 178 00:03:11,990 --> 00:03:12,000 if i sign up with this blue cash 179 00:03:12,000 --> 00:03:13,190 if i sign up with this blue cash preferred card 180 00:03:13,190 --> 00:03:13,200 preferred card 181 00:03:13,200 --> 00:03:16,309 preferred card they would give me 250 dollars straight 182 00:03:16,309 --> 00:03:16,319 they would give me 250 dollars straight 183 00:03:16,319 --> 00:03:17,190 they would give me 250 dollars straight away 184 00:03:17,190 --> 00:03:17,200 away 185 00:03:17,200 --> 00:03:20,149 away or if i would go with chase sapphire 186 00:03:20,149 --> 00:03:20,159 or if i would go with chase sapphire 187 00:03:20,159 --> 00:03:22,710 or if i would go with chase sapphire there's a bonus value of 1200 188 00:03:22,710 --> 00:03:22,720 there's a bonus value of 1200 189 00:03:22,720 --> 00:03:24,789 there's a bonus value of 1200 attached to this card so as you can see 190 00:03:24,789 --> 00:03:24,799 attached to this card so as you can see 191 00:03:24,799 --> 00:03:26,470 attached to this card so as you can see there's also marketing costs 192 00:03:26,470 --> 00:03:26,480 there's also marketing costs 193 00:03:26,480 --> 00:03:28,949 there's also marketing costs that they are investing in that you will 194 00:03:28,949 --> 00:03:28,959 that they are investing in that you will 195 00:03:28,959 --> 00:03:30,550 that they are investing in that you will participate off 196 00:03:30,550 --> 00:03:30,560 participate off 197 00:03:30,560 --> 00:03:33,589 participate off so that's that's one way of um 198 00:03:33,589 --> 00:03:33,599 so that's that's one way of um 199 00:03:33,599 --> 00:03:36,550 so that's that's one way of um how the so-called traditional market is 200 00:03:36,550 --> 00:03:36,560 how the so-called traditional market is 201 00:03:36,560 --> 00:03:38,550 how the so-called traditional market is incentivizing you to be part 202 00:03:38,550 --> 00:03:38,560 incentivizing you to be part 203 00:03:38,560 --> 00:03:41,990 incentivizing you to be part of their network other example is 204 00:03:41,990 --> 00:03:42,000 of their network other example is 205 00:03:42,000 --> 00:03:43,589 of their network other example is flights yeah i've kind of 206 00:03:43,589 --> 00:03:43,599 flights yeah i've kind of 207 00:03:43,599 --> 00:03:46,229 flights yeah i've kind of booked a flight now at the moment from 208 00:03:46,229 --> 00:03:46,239 booked a flight now at the moment from 209 00:03:46,239 --> 00:03:49,030 booked a flight now at the moment from dallas to las vegas for only 36 dollars 210 00:03:49,030 --> 00:03:49,040 dallas to las vegas for only 36 dollars 211 00:03:49,040 --> 00:03:49,910 dallas to las vegas for only 36 dollars return 212 00:03:49,910 --> 00:03:49,920 return 213 00:03:49,920 --> 00:03:51,750 return no airline will survive on those rates 214 00:03:51,750 --> 00:03:51,760 no airline will survive on those rates 215 00:03:51,760 --> 00:03:53,830 no airline will survive on those rates but they do that to attract people 216 00:03:53,830 --> 00:03:53,840 but they do that to attract people 217 00:03:53,840 --> 00:03:57,270 but they do that to attract people to fly uh on this day with that 218 00:03:57,270 --> 00:03:57,280 to fly uh on this day with that 219 00:03:57,280 --> 00:04:00,309 to fly uh on this day with that uh airline on that on that journey 220 00:04:00,309 --> 00:04:00,319 uh airline on that on that journey 221 00:04:00,319 --> 00:04:01,990 uh airline on that on that journey if you booked that a day before that 222 00:04:01,990 --> 00:04:02,000 if you booked that a day before that 223 00:04:02,000 --> 00:04:04,229 if you booked that a day before that would be probably 300 400 224 00:04:04,229 --> 00:04:04,239 would be probably 300 400 225 00:04:04,239 --> 00:04:07,030 would be probably 300 400 um same with air miles why don't why do 226 00:04:07,030 --> 00:04:07,040 um same with air miles why don't why do 227 00:04:07,040 --> 00:04:08,390 um same with air miles why don't why do they give you air miles 228 00:04:08,390 --> 00:04:08,400 they give you air miles 229 00:04:08,400 --> 00:04:10,869 they give you air miles so that you can book them after a few 230 00:04:10,869 --> 00:04:10,879 so that you can book them after a few 231 00:04:10,879 --> 00:04:11,509 so that you can book them after a few flights 232 00:04:11,509 --> 00:04:11,519 flights 233 00:04:11,519 --> 00:04:14,550 flights a free flight same thing it's just they 234 00:04:14,550 --> 00:04:14,560 a free flight same thing it's just they 235 00:04:14,560 --> 00:04:17,349 a free flight same thing it's just they want to attract you to be part of their 236 00:04:17,349 --> 00:04:17,359 want to attract you to be part of their 237 00:04:17,359 --> 00:04:19,189 want to attract you to be part of their network 238 00:04:19,189 --> 00:04:19,199 network 239 00:04:19,199 --> 00:04:21,189 network and the third one that i forgot to 240 00:04:21,189 --> 00:04:21,199 and the third one that i forgot to 241 00:04:21,199 --> 00:04:22,390 and the third one that i forgot to mention before is 242 00:04:22,390 --> 00:04:22,400 mention before is 243 00:04:22,400 --> 00:04:25,830 mention before is taking rewards so if i i would take for 244 00:04:25,830 --> 00:04:25,840 taking rewards so if i i would take for 245 00:04:25,840 --> 00:04:26,950 taking rewards so if i i would take for example tesla's 246 00:04:26,950 --> 00:04:26,960 example tesla's 247 00:04:26,960 --> 00:04:30,150 example tesla's to secure the network um 248 00:04:30,150 --> 00:04:30,160 to secure the network um 249 00:04:30,160 --> 00:04:32,390 to secure the network um by proof of stake then tesla's would 250 00:04:32,390 --> 00:04:32,400 by proof of stake then tesla's would 251 00:04:32,400 --> 00:04:34,870 by proof of stake then tesla's would give me in this case through coinbase 252 00:04:34,870 --> 00:04:34,880 give me in this case through coinbase 253 00:04:34,880 --> 00:04:36,790 give me in this case through coinbase five percent staking fee yeah that's 254 00:04:36,790 --> 00:04:36,800 five percent staking fee yeah that's 255 00:04:36,800 --> 00:04:39,590 five percent staking fee yeah that's just by providing by keeping my money 256 00:04:39,590 --> 00:04:39,600 just by providing by keeping my money 257 00:04:39,600 --> 00:04:42,710 just by providing by keeping my money my teslas in a wallet and not using it 258 00:04:42,710 --> 00:04:42,720 my teslas in a wallet and not using it 259 00:04:42,720 --> 00:04:44,790 my teslas in a wallet and not using it i would receive five percent so there 260 00:04:44,790 --> 00:04:44,800 i would receive five percent so there 261 00:04:44,800 --> 00:04:46,629 i would receive five percent so there are a few incentives that are compared 262 00:04:46,629 --> 00:04:46,639 are a few incentives that are compared 263 00:04:46,639 --> 00:04:49,670 are a few incentives that are compared to the traditional market equivalent and 264 00:04:49,670 --> 00:04:49,680 to the traditional market equivalent and 265 00:04:49,680 --> 00:04:51,110 to the traditional market equivalent and not that much different 266 00:04:51,110 --> 00:04:51,120 not that much different 267 00:04:51,120 --> 00:04:54,790 not that much different to uh the default market now the beauty 268 00:04:54,790 --> 00:04:54,800 to uh the default market now the beauty 269 00:04:54,800 --> 00:04:57,189 to uh the default market now the beauty of the default market is it's software 270 00:04:57,189 --> 00:04:57,199 of the default market is it's software 271 00:04:57,199 --> 00:04:58,950 of the default market is it's software it's not just some people sitting there 272 00:04:58,950 --> 00:04:58,960 it's not just some people sitting there 273 00:04:58,960 --> 00:05:01,270 it's not just some people sitting there and deciding what the interest rate is 274 00:05:01,270 --> 00:05:01,280 and deciding what the interest rate is 275 00:05:01,280 --> 00:05:01,990 and deciding what the interest rate is or what the 276 00:05:01,990 --> 00:05:02,000 or what the 277 00:05:02,000 --> 00:05:04,150 or what the incentives are going to be it's a 278 00:05:04,150 --> 00:05:04,160 incentives are going to be it's a 279 00:05:04,160 --> 00:05:05,189 incentives are going to be it's a software 280 00:05:05,189 --> 00:05:05,199 software 281 00:05:05,199 --> 00:05:08,629 software platform that you just participate in 282 00:05:08,629 --> 00:05:08,639 platform that you just participate in 283 00:05:08,639 --> 00:05:11,270 platform that you just participate in and it's neutral you can nobody will ask 284 00:05:11,270 --> 00:05:11,280 and it's neutral you can nobody will ask 285 00:05:11,280 --> 00:05:12,790 and it's neutral you can nobody will ask you for some 286 00:05:12,790 --> 00:05:12,800 you for some 287 00:05:12,800 --> 00:05:15,430 you for some weird uh passport pictures or so you 288 00:05:15,430 --> 00:05:15,440 weird uh passport pictures or so you 289 00:05:15,440 --> 00:05:16,870 weird uh passport pictures or so you just be part of that 290 00:05:16,870 --> 00:05:16,880 just be part of that 291 00:05:16,880 --> 00:05:18,870 just be part of that and that's the strengths of this year so 292 00:05:18,870 --> 00:05:18,880 and that's the strengths of this year so 293 00:05:18,880 --> 00:05:21,830 and that's the strengths of this year so these software packages 294 00:05:21,830 --> 00:05:21,840 these software packages 295 00:05:21,840 --> 00:05:24,310 these software packages or software platforms don't have high 296 00:05:24,310 --> 00:05:24,320 or software platforms don't have high 297 00:05:24,320 --> 00:05:24,870 or software platforms don't have high costs 298 00:05:24,870 --> 00:05:24,880 costs 299 00:05:24,880 --> 00:05:27,590 costs in building people and so on just a 300 00:05:27,590 --> 00:05:27,600 in building people and so on just a 301 00:05:27,600 --> 00:05:30,150 in building people and so on just a bunch of people that coded something 302 00:05:30,150 --> 00:05:30,160 bunch of people that coded something 303 00:05:30,160 --> 00:05:32,550 bunch of people that coded something they put it online and that's why they 304 00:05:32,550 --> 00:05:32,560 they put it online and that's why they 305 00:05:32,560 --> 00:05:33,350 they put it online and that's why they can 306 00:05:33,350 --> 00:05:33,360 can 307 00:05:33,360 --> 00:05:36,870 can can offer you so high interest rates 308 00:05:36,870 --> 00:05:36,880 can offer you so high interest rates 309 00:05:36,880 --> 00:05:38,950 can offer you so high interest rates now before you really dive into this 310 00:05:38,950 --> 00:05:38,960 now before you really dive into this 311 00:05:38,960 --> 00:05:40,070 now before you really dive into this yeah i would like to show you two 312 00:05:40,070 --> 00:05:40,080 yeah i would like to show you two 313 00:05:40,080 --> 00:05:41,749 yeah i would like to show you two websites that are important 314 00:05:41,749 --> 00:05:41,759 websites that are important 315 00:05:41,759 --> 00:05:45,670 websites that are important the first one is here defy safety dot 316 00:05:45,670 --> 00:05:45,680 the first one is here defy safety dot 317 00:05:45,680 --> 00:05:46,310 the first one is here defy safety dot com 318 00:05:46,310 --> 00:05:46,320 com 319 00:05:46,320 --> 00:05:48,950 com because here you can see which platform 320 00:05:48,950 --> 00:05:48,960 because here you can see which platform 321 00:05:48,960 --> 00:05:50,790 because here you can see which platform is really safe and which one isn't safe 322 00:05:50,790 --> 00:05:50,800 is really safe and which one isn't safe 323 00:05:50,800 --> 00:05:53,189 is really safe and which one isn't safe so if i take ave for example 324 00:05:53,189 --> 00:05:53,199 so if i take ave for example 325 00:05:53,199 --> 00:05:55,270 so if i take ave for example which is one of the big ones then they 326 00:05:55,270 --> 00:05:55,280 which is one of the big ones then they 327 00:05:55,280 --> 00:05:57,510 which is one of the big ones then they have got a score of 84 percent 328 00:05:57,510 --> 00:05:57,520 have got a score of 84 percent 329 00:05:57,520 --> 00:05:59,590 have got a score of 84 percent and why it's because execute code 330 00:05:59,590 --> 00:05:59,600 and why it's because execute code 331 00:05:59,600 --> 00:06:01,110 and why it's because execute code validation 96 332 00:06:01,110 --> 00:06:01,120 validation 96 333 00:06:01,120 --> 00:06:03,270 validation 96 documentation because it's all public 334 00:06:03,270 --> 00:06:03,280 documentation because it's all public 335 00:06:03,280 --> 00:06:05,830 documentation because it's all public available they documented everything 90 336 00:06:05,830 --> 00:06:05,840 available they documented everything 90 337 00:06:05,840 --> 00:06:08,469 available they documented everything 90 testing almost done audit like in a 338 00:06:08,469 --> 00:06:08,479 testing almost done audit like in a 339 00:06:08,479 --> 00:06:10,390 testing almost done audit like in a traditional market with finance where 340 00:06:10,390 --> 00:06:10,400 traditional market with finance where 341 00:06:10,400 --> 00:06:11,749 traditional market with finance where you've got an auditor to 342 00:06:11,749 --> 00:06:11,759 you've got an auditor to 343 00:06:11,759 --> 00:06:14,150 you've got an auditor to uh review your books so they do that 344 00:06:14,150 --> 00:06:14,160 uh review your books so they do that 345 00:06:14,160 --> 00:06:15,430 uh review your books so they do that here with the code so 346 00:06:15,430 --> 00:06:15,440 here with the code so 347 00:06:15,440 --> 00:06:17,110 here with the code so it's a third party that reviews your 348 00:06:17,110 --> 00:06:17,120 it's a third party that reviews your 349 00:06:17,120 --> 00:06:18,870 it's a third party that reviews your code how good it is 350 00:06:18,870 --> 00:06:18,880 code how good it is 351 00:06:18,880 --> 00:06:20,550 code how good it is so this is pretty good but on the other 352 00:06:20,550 --> 00:06:20,560 so this is pretty good but on the other 353 00:06:20,560 --> 00:06:22,710 so this is pretty good but on the other hand you've got something like based 354 00:06:22,710 --> 00:06:22,720 hand you've got something like based 355 00:06:22,720 --> 00:06:25,270 hand you've got something like based that bring in principle did not do 356 00:06:25,270 --> 00:06:25,280 that bring in principle did not do 357 00:06:25,280 --> 00:06:26,309 that bring in principle did not do anything really 358 00:06:26,309 --> 00:06:26,319 anything really 359 00:06:26,319 --> 00:06:28,870 anything really i mean they just put the code online and 360 00:06:28,870 --> 00:06:28,880 i mean they just put the code online and 361 00:06:28,880 --> 00:06:30,550 i mean they just put the code online and didn't even test it 362 00:06:30,550 --> 00:06:30,560 didn't even test it 363 00:06:30,560 --> 00:06:32,950 didn't even test it beforehand there's nothing is documented 364 00:06:32,950 --> 00:06:32,960 beforehand there's nothing is documented 365 00:06:32,960 --> 00:06:35,029 beforehand there's nothing is documented and an audit was done only to 20 366 00:06:35,029 --> 00:06:35,039 and an audit was done only to 20 367 00:06:35,039 --> 00:06:36,950 and an audit was done only to 20 so this is something that i would really 368 00:06:36,950 --> 00:06:36,960 so this is something that i would really 369 00:06:36,960 --> 00:06:38,230 so this is something that i would really be careful of 370 00:06:38,230 --> 00:06:38,240 be careful of 371 00:06:38,240 --> 00:06:40,790 be careful of yeah unless you you are you know what 372 00:06:40,790 --> 00:06:40,800 yeah unless you you are you know what 373 00:06:40,800 --> 00:06:42,230 yeah unless you you are you know what you're doing i would not be 374 00:06:42,230 --> 00:06:42,240 you're doing i would not be 375 00:06:42,240 --> 00:06:44,309 you're doing i would not be part of those that are in here in red 376 00:06:44,309 --> 00:06:44,319 part of those that are in here in red 377 00:06:44,319 --> 00:06:47,029 part of those that are in here in red because it's a little bit dangerous 378 00:06:47,029 --> 00:06:47,039 because it's a little bit dangerous 379 00:06:47,039 --> 00:06:48,550 because it's a little bit dangerous that's the first website the second 380 00:06:48,550 --> 00:06:48,560 that's the first website the second 381 00:06:48,560 --> 00:06:51,670 that's the first website the second website is one where you can learn a lot 382 00:06:51,670 --> 00:06:51,680 website is one where you can learn a lot 383 00:06:51,680 --> 00:06:54,150 website is one where you can learn a lot it's defyrate.com this includes 384 00:06:54,150 --> 00:06:54,160 it's defyrate.com this includes 385 00:06:54,160 --> 00:06:55,909 it's defyrate.com this includes everything in relation to the 386 00:06:55,909 --> 00:06:55,919 everything in relation to the 387 00:06:55,919 --> 00:06:57,830 everything in relation to the decentralized finance market 388 00:06:57,830 --> 00:06:57,840 decentralized finance market 389 00:06:57,840 --> 00:07:00,870 decentralized finance market yeah so if you want to learn what uh 390 00:07:00,870 --> 00:07:00,880 yeah so if you want to learn what uh 391 00:07:00,880 --> 00:07:04,629 yeah so if you want to learn what uh how insurance can be done and 392 00:07:04,629 --> 00:07:04,639 how insurance can be done and 393 00:07:04,639 --> 00:07:06,790 how insurance can be done and what the lingo is everything in relation 394 00:07:06,790 --> 00:07:06,800 what the lingo is everything in relation 395 00:07:06,800 --> 00:07:09,029 what the lingo is everything in relation to d5 yield farming and so on 396 00:07:09,029 --> 00:07:09,039 to d5 yield farming and so on 397 00:07:09,039 --> 00:07:10,710 to d5 yield farming and so on you'll find on this website it's very 398 00:07:10,710 --> 00:07:10,720 you'll find on this website it's very 399 00:07:10,720 --> 00:07:12,950 you'll find on this website it's very well explained and i can only highly 400 00:07:12,950 --> 00:07:12,960 well explained and i can only highly 401 00:07:12,960 --> 00:07:14,150 well explained and i can only highly recommend you to be 402 00:07:14,150 --> 00:07:14,160 recommend you to be 403 00:07:14,160 --> 00:07:17,510 recommend you to be a part of that anyway i hope 404 00:07:17,510 --> 00:07:17,520 a part of that anyway i hope 405 00:07:17,520 --> 00:07:19,830 a part of that anyway i hope i was able to explain to you why it is 406 00:07:19,830 --> 00:07:19,840 i was able to explain to you why it is 407 00:07:19,840 --> 00:07:21,430 i was able to explain to you why it is important that you participate in this 408 00:07:21,430 --> 00:07:21,440 important that you participate in this 409 00:07:21,440 --> 00:07:22,150 important that you participate in this here 410 00:07:22,150 --> 00:07:22,160 here 411 00:07:22,160 --> 00:07:25,430 here uh just play around a little bit don't 412 00:07:25,430 --> 00:07:25,440 uh just play around a little bit don't 413 00:07:25,440 --> 00:07:26,710 uh just play around a little bit don't plan to make thousand two hundred 414 00:07:26,710 --> 00:07:26,720 plan to make thousand two hundred 415 00:07:26,720 --> 00:07:28,870 plan to make thousand two hundred percent just make hundred percent 416 00:07:28,870 --> 00:07:28,880 percent just make hundred percent 417 00:07:28,880 --> 00:07:31,189 percent just make hundred percent um but at least be part of this year and 418 00:07:31,189 --> 00:07:31,199 um but at least be part of this year and 419 00:07:31,199 --> 00:07:32,550 um but at least be part of this year and learn more about 420 00:07:32,550 --> 00:07:32,560 learn more about 421 00:07:32,560 --> 00:07:35,270 learn more about uh d5 because as you saw it is going to 422 00:07:35,270 --> 00:07:35,280 uh d5 because as you saw it is going to 423 00:07:35,280 --> 00:07:36,629 uh d5 because as you saw it is going to be the future 424 00:07:36,629 --> 00:07:36,639 be the future 425 00:07:36,639 --> 00:07:40,230 be the future um anyway that's it from me today 426 00:07:40,230 --> 00:07:40,240 um anyway that's it from me today 427 00:07:40,240 --> 00:07:41,909 um anyway that's it from me today i hope you enjoyed it i hope you learned 428 00:07:41,909 --> 00:07:41,919 i hope you enjoyed it i hope you learned 429 00:07:41,919 --> 00:07:43,589 i hope you enjoyed it i hope you learned something i thank you very much for 430 00:07:43,589 --> 00:07:43,599 something i thank you very much for 431 00:07:43,599 --> 00:07:44,230 something i thank you very much for watching 432 00:07:44,230 --> 00:07:44,240 watching 433 00:07:44,240 --> 00:07:45,670 watching and i'm looking forward to see you next 434 00:07:45,670 --> 00:07:45,680 and i'm looking forward to see you next 435 00:07:45,680 --> 00:07:47,270 and i'm looking forward to see you next week again thank you 436 00:07:47,270 --> 00:07:47,280 week again thank you 437 00:07:47,280 --> 00:07:49,749 week again thank you bye bye thanks so much robert now if 438 00:07:49,749 --> 00:07:49,759 bye bye thanks so much robert now if 439 00:07:49,759 --> 00:07:50,469 bye bye thanks so much robert now if you're watching 440 00:07:50,469 --> 00:07:50,479 you're watching 441 00:07:50,479 --> 00:07:52,869 you're watching we are not giving financial advice this 442 00:07:52,869 --> 00:07:52,879 we are not giving financial advice this 443 00:07:52,879 --> 00:07:55,110 we are not giving financial advice this is uh educational purposes on how the 444 00:07:55,110 --> 00:07:55,120 is uh educational purposes on how the 445 00:07:55,120 --> 00:07:56,869 is uh educational purposes on how the cryptocurrency market works 446 00:07:56,869 --> 00:07:56,879 cryptocurrency market works 447 00:07:56,879 --> 00:07:58,710 cryptocurrency market works and things that you need to know and 448 00:07:58,710 --> 00:07:58,720 and things that you need to know and 449 00:07:58,720 --> 00:08:00,629 and things that you need to know and different uh tips and tricks 450 00:08:00,629 --> 00:08:00,639 different uh tips and tricks 451 00:08:00,639 --> 00:08:02,469 different uh tips and tricks uh you know as we've always said in the 452 00:08:02,469 --> 00:08:02,479 uh you know as we've always said in the 453 00:08:02,479 --> 00:08:05,189 uh you know as we've always said in the past you know and as robert has said 454 00:08:05,189 --> 00:08:05,199 past you know and as robert has said 455 00:08:05,199 --> 00:08:06,790 past you know and as robert has said you know only invest what you're willing 456 00:08:06,790 --> 00:08:06,800 you know only invest what you're willing 457 00:08:06,800 --> 00:08:08,629 you know only invest what you're willing to lose because the market is very 458 00:08:08,629 --> 00:08:08,639 to lose because the market is very 459 00:08:08,639 --> 00:08:09,350 to lose because the market is very volatile 460 00:08:09,350 --> 00:08:09,360 volatile 461 00:08:09,360 --> 00:08:11,670 volatile it's always on and things can change in 462 00:08:11,670 --> 00:08:11,680 it's always on and things can change in 463 00:08:11,680 --> 00:08:13,029 it's always on and things can change in a heartbeat so again we're not giving 464 00:08:13,029 --> 00:08:13,039 a heartbeat so again we're not giving 465 00:08:13,039 --> 00:08:14,309 a heartbeat so again we're not giving financial advice 466 00:08:14,309 --> 00:08:14,319 financial advice 467 00:08:14,319 --> 00:08:26,930 financial advice it's just more so education for you 468 00:08:26,930 --> 00:08:26,940 it's just more so education for you 469 00:08:26,940 --> 00:08:32,469 it's just more so education for you [Music] 470 00:08:32,469 --> 00:08:32,479 471 00:08:32,479 --> 00:08:34,560 you