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<v Speaker 1>Hey, folks, welcome, good evening wherever you're journey from.

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<v Speaker 2>Welcome to another money space with me, calu aja other space.

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<v Speaker 1>Of course, we're talking money, the economy.

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<v Speaker 2>And personal finance. Want to make it personal to you,

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<v Speaker 2>talk about your money and all that. So this week

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<v Speaker 2>we're talking you know, crypto, digital assets.

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<v Speaker 1>And all that. You know, well, you know it's been

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<v Speaker 1>a difference.

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<v Speaker 2>Maybe should we say in the past year or should

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<v Speaker 2>we give it if she well say, since President Trump

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<v Speaker 2>has come into office, the United States has moved fully

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<v Speaker 2>into the crypto, bitcoin digital currency space. I we've seen

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<v Speaker 2>an executive order by the President setting up a crypto

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<v Speaker 2>reserve that basically they're going to have like a sovereign

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<v Speaker 2>World Fund. There's gonna be a sovereign World Fund, but

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<v Speaker 2>populated by crypto assets. I was seeing him hosting a

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<v Speaker 2>crypto summit. I will see the new Sect, the new

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<v Speaker 2>sect chairman crypto. Frankly, the President himself has its own

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<v Speaker 2>meme coin. Lots of US states are now adopting you know,

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<v Speaker 2>bitcoin reserves or crypto reserves. Lots of movements in the

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<v Speaker 2>Senate as well and House in America. I think the

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<v Speaker 2>President has asked them to give him a bill in

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<v Speaker 2>August on crypto, bitcoin and all that already even prime

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<v Speaker 2>before Trump became president, you could buy bitcoin er btfs

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<v Speaker 2>so big comntfs are traded quoted on the market, so

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<v Speaker 2>you can actually buy from the largest players in the

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<v Speaker 2>US market. So it leads not to ask the question, really,

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<v Speaker 2>it's bitcoin now a bit more mature? Has he now

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<v Speaker 2>grown up? Is this something that we can invest in?

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<v Speaker 2>You know, those of us that don't know too much

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<v Speaker 2>about the that space, you know that whole detech behind it.

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<v Speaker 2>What we're interested is like can I put money in it?

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<v Speaker 2>And can I give the money out? Is it now

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<v Speaker 2>something that can invest in? You know, this is a

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<v Speaker 2>while holding the space. So those of you that know

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<v Speaker 2>about this stuff trying to keep it very very.

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<v Speaker 1>Simple for us.

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<v Speaker 2>You know, like when we talk stocks, we say, hey,

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<v Speaker 2>this stock is good. Why is it good? Because it

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<v Speaker 2>has a low pe ratio, it has any potential? You know,

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<v Speaker 2>it's paid its dividends. Simple stuff that you can understand

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<v Speaker 2>and follow. I think the question why I most people

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<v Speaker 2>are tuning into it to say, listen, is this really

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<v Speaker 2>has this thing come to stay? You know, we know

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<v Speaker 2>the prices go up and down. Has it come to stay.

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<v Speaker 2>Is it just bit coin or are they orders that

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<v Speaker 2>we can invest in? Those orders? How do we invest

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<v Speaker 2>in them? You know, are we buying the coin? Are

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<v Speaker 2>we mistaking? What does this mean?

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<v Speaker 1>Then?

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<v Speaker 2>Specifically, if if you're if we're in Nigeria and want

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<v Speaker 2>to invest in this asset class, can we do so?

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<v Speaker 2>I know banks still have that mfil guy about them

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<v Speaker 2>not opening up crypto assets or crypto account and all that.

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<v Speaker 2>Has that changed? If I want to open up a

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<v Speaker 2>crypto account, can I do that? Things like that? It's

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<v Speaker 2>sect having any movement on that front. That's really what

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<v Speaker 2>I want to talk about. So I'm not an expert here,

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<v Speaker 2>I just don't have the space allow to speak. So

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<v Speaker 2>let's start from the true sixty digit prennial. How are

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<v Speaker 2>you doing? Welcome to the space. Thank you for your comments.

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<v Speaker 2>I've got the trip sixty You want to unmute a

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<v Speaker 2>sort of lady ground for us? Are you an investor?

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<v Speaker 2>What do we know about this market?

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<v Speaker 1>God for it?

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<v Speaker 3>Sir? All right? I don't know if I'm yes, you

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<v Speaker 3>are all right? Believe it.

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<v Speaker 4>Actually, this is my first time being on your space,

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<v Speaker 4>and I think I picked more interest of it when

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<v Speaker 4>it has something to do with crypto of course, it

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<v Speaker 4>has been something that you know, I've been making with

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<v Speaker 4>Slate and it's something that I.

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<v Speaker 5>Think that most people should.

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<v Speaker 6>Look into it, especially maybe you're looking for a way

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<v Speaker 6>to make.

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<v Speaker 3>Money and all of that, you know. But first off,

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<v Speaker 3>just like my name, I'm the Tracy Stilly.

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<v Speaker 7>Geprino, so that's my brand name and the social media

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<v Speaker 7>strategists as.

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<v Speaker 5>Well as a crypto investor.

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<v Speaker 6>So I've been in the space for like, been here

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<v Speaker 6>since twenty seventeen, and I think I bought my first

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<v Speaker 6>bitcoined in twenty seventeen zero point one BTC as then

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<v Speaker 6>was around fifty k.

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<v Speaker 3>You know.

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<v Speaker 5>But I have my own part of you know, the story.

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<v Speaker 8>You know, crypto space is a place that in as

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<v Speaker 8>much as it's something so relievable at I and fragile,

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<v Speaker 8>you have had chances of being scam in the process

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<v Speaker 8>and it requires some level of education learning all of that.

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<v Speaker 1>So that's true.

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<v Speaker 2>Are you buying not just to go to that question,

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<v Speaker 2>are you are you buying? What are you buying? Just

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<v Speaker 2>to give us a no, folks want to just hear.

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<v Speaker 2>They're not gonna only hear from the folks that in

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<v Speaker 2>the space are you buying today?

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<v Speaker 1>What are you buying? And why are you buying? If

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<v Speaker 1>you start doing that.

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<v Speaker 8>Or personally I'm gonna buying right now, I'm not really

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<v Speaker 8>buying right now.

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<v Speaker 3>There isn't being that.

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<v Speaker 6>With all of the things happening in the market, and

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<v Speaker 6>areston ale of that.

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<v Speaker 3>Personally, I still feel that.

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<v Speaker 9>We have some more room down there, maybe somewhere around

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<v Speaker 9>the seventy three K or so.

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<v Speaker 3>But let's see what's going to happen in the market.

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<v Speaker 9>And I think that would be the reason where the

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<v Speaker 9>school would consider going into the market, because as was

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<v Speaker 9>right now, there are so much uncertainty in the market.

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<v Speaker 9>You're not just social where the market is actually headed.

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<v Speaker 9>Even as I'm talking right now, the market is actually

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<v Speaker 9>don't I think it's around it one P is there

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<v Speaker 9>only one K?

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<v Speaker 6>So it's not really a good time for me to

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<v Speaker 6>actually buy.

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<v Speaker 7>And maybe and we want to buy treated on the futures,

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<v Speaker 7>maybe to see if I can scoop Bob some profit,

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<v Speaker 7>which is something I would do right now, but it's

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<v Speaker 7>not something I would want to buy at the moment.

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<v Speaker 1>Gotcha.

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<v Speaker 2>So the price when you say it, when I talk

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<v Speaker 2>about bitcoin, the price is about eighty three dollars now

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<v Speaker 2>the last five days being down four point six percent.

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<v Speaker 2>So when when I look at a price on the market,

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<v Speaker 2>I always look at a long term to just to

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<v Speaker 2>see where this thing is coming from. Five year return

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<v Speaker 2>for bitcoin it's a thousand, five hundred and seven percent,

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<v Speaker 2>that's five years. For one year for bitcoin is twenty

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<v Speaker 2>one percent. Year to date numbers for bitcoin is down

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<v Speaker 2>ten percent. So the long term view seem to favor

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<v Speaker 2>that if you hold bitcoin, you do make a lot

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<v Speaker 2>of money. I mean all time bitcoin return. If you're

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<v Speaker 2>looking at say beyond twenty nineteen, look at about eighteen

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<v Speaker 2>thousand percent return. That's crazy. But again, like you said,

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<v Speaker 2>lots of issues. Good on there. I've got limit there here.

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<v Speaker 2>But let me let me get crypto in the let

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<v Speaker 2>me get crypto cryptoomics.

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<v Speaker 1>What's in your mind, sir?

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<v Speaker 10>Thank you, mister Carlo. So when it comes to crypto currency, uh, personally,

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<v Speaker 10>I can't hang of you know, use an inn first

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<v Speaker 10>tours approach to you know, do my investment in cryptocurrency.

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<v Speaker 3>Mean the fall?

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<v Speaker 10>So like I buy to hold, especially yes for bitcoin arium,

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<v Speaker 10>if the first five largest large cap odd coins, I

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<v Speaker 10>buy them to hold, and then including Bitcoin and then

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<v Speaker 10>I bought my first crypto car, say in twenty twenty

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<v Speaker 10>two during the the worst of the pr markets, you know,

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<v Speaker 10>and I'm still holding often I haven't sold any either,

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<v Speaker 10>so I'm hoping to sell at the peak of the

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<v Speaker 10>bull run or the blue market, and then I wait

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<v Speaker 10>for another beer market to buy.

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<v Speaker 3>That is how I approach cryptocurrency.

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<v Speaker 10>But bait Koin and Italium I approach them differently because

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<v Speaker 10>these two cryptocurrencies are those that have already gotten ITTF approval.

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<v Speaker 1>So which which and which which.

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<v Speaker 3>And which in Canada?

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<v Speaker 10>In term I already has gotten an ETF approval for Canada,

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<v Speaker 10>but I know that Bitcoin have gotten ITTF approval both

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<v Speaker 10>for US and Canada as well.

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<v Speaker 1>Okay, so what does that means?

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<v Speaker 2>Does that means that if it does, a bigger market

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<v Speaker 2>for it, right, So if for if recently buying it

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<v Speaker 2>sort of gives it like strength, the market of the

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<v Speaker 2>falling that is involved out just saying exactly.

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<v Speaker 10>And then also just like looking at SMP five hundred,

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<v Speaker 10>I don't see a lot of people are waiting for

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<v Speaker 10>bitcoin to crash out the way to fifteen ten thousand.

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<v Speaker 10>I don't see that happening in the future. But I

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<v Speaker 10>see the movement of bitcoin going in line with the

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<v Speaker 10>movement of S and P five hundred. You know, just

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<v Speaker 10>if you HOLDE the long guy, the more beneficial it

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<v Speaker 10>will pay for you. So for me, I'm using both

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<v Speaker 10>assets bitcoin and they tell them only I say, kind of,

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<v Speaker 10>you know, retirement. Instead of putting my money in saving

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<v Speaker 10>this account or putting it in a recipe, which is

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<v Speaker 10>the retirement account for Canadians, I put those moneys in

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<v Speaker 10>bitcoin because I know that it is now, you know,

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<v Speaker 10>gunnering kind of the mass adoption is becoming more of

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<v Speaker 10>a reality than it was two years ago, five years ago.

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<v Speaker 3>Like you see.

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<v Speaker 10>Countries and you see states talking about bitcoin results. And

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<v Speaker 10>I don't think that bitcoin is going anywhere because if

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<v Speaker 10>it's going to foul, you won't see states, you won't

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<v Speaker 10>see countries, you won't see presidents of different countries talking about,

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<v Speaker 10>you know, investing in bitcoin.

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<v Speaker 3>So for both, as.

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<v Speaker 10>Said, I use them as my retirement input savings.

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<v Speaker 2>So you live and you live abroad, like in the West,

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<v Speaker 2>I live in Canada, Okay. So you're saying that you're

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<v Speaker 2>on your like your for one your IRA four one key,

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<v Speaker 2>you're just buying bitcoin or digital as what percentage are

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<v Speaker 2>you buying? Like out of the total hundred percent, how

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<v Speaker 2>much is invested in in this?

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<v Speaker 10>So for like, what I usually do is that I

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<v Speaker 10>have a I have a designated account where my employers

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<v Speaker 10>pay a percentage of my income the doctor directly from

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<v Speaker 10>my paycheck to that account. So I take about sixty

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<v Speaker 10>percent of that money and then I put it in

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<v Speaker 10>by its correct ETR and then.

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<v Speaker 3>Twenty percent of the money.

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<v Speaker 10>Wow, twenty percent of the money goes into eighty on

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<v Speaker 10>ETR and then it's just only ten percent that.

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<v Speaker 3>Is left to be shared among God that once.

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<v Speaker 1>Sixty mean, how old are you? Don't that word range?

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<v Speaker 1>How old are you? What's your range? Your age ranger?

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<v Speaker 3>I'm still in my lid in my little status.

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<v Speaker 1>Okay, so very very young. So you're doing a lot

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<v Speaker 1>of this will be interesting? Okay, yes, So.

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<v Speaker 10>Again I know you asked another question about what do

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<v Speaker 10>we check when you're buying all that what coin?

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<v Speaker 2>What if I don't know anything and I want to

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<v Speaker 2>buy enter this space, give me three things I should

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<v Speaker 2>look out for?

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<v Speaker 3>Okay, So if.

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<v Speaker 10>You want to enter the crypto space, the first thing

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<v Speaker 10>you have to check is what real problem are these

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<v Speaker 10>people solving? And I will say it and then I

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<v Speaker 10>will give you a newspapse. There is a project that.

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<v Speaker 3>Is called chann Link. So with channel link, what problem.

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<v Speaker 10>The chann Link is a project that is providing real

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<v Speaker 10>data that is being used among the all among hundreds

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<v Speaker 10>of projects within the crypto space. And then recently we

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<v Speaker 10>saw that Nastak said that in twenty twenty six they

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<v Speaker 10>are looking at you know, be going twenty four hours,

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<v Speaker 10>five five days a week. And we have been hearing

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<v Speaker 10>about rumors about to recognize the stocks.

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<v Speaker 3>Now all these things.

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<v Speaker 10>If it has to come in terms of to cognize stocks,

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<v Speaker 10>the probability that it will be built on chann link

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<v Speaker 10>is very very high because a lot of projects are

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<v Speaker 10>you see that you see in cryptocurrencies the interact with

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<v Speaker 10>channel link, So it's kind of like the Channing is

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<v Speaker 10>more of a global you know, interpailability among most of

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<v Speaker 10>the projects you see we see in crypto space. Now,

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<v Speaker 10>when you see you see the problem these people are

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<v Speaker 10>trying to solve, right, so you have to see and

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<v Speaker 10>check what rail, what problem that they're trying to solve.

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<v Speaker 3>That's number one. Then the second thing I look.

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<v Speaker 10>At is this, do they have trusted investors that's another

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<v Speaker 10>criteria I check.

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<v Speaker 3>So if you if you like, I use it.

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<v Speaker 10>I usually use crypto rank dot io to rea to

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<v Speaker 10>as one of my twols story search on cryptocurrencies, so

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<v Speaker 10>you will see the listed those like investors that are

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<v Speaker 10>actually putting their money in those projects. It will be

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<v Speaker 10>listed on that project if they have any you know,

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<v Speaker 10>if they have any investors, those investors, and then in

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<v Speaker 10>some cases the amount they investors will be listed. So

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<v Speaker 10>when I'm looking at investors, I look at tier one

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<v Speaker 10>tier two. I take those two tiers of investors very serious.

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<v Speaker 10>But when it begins to go the thirty forty five,

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<v Speaker 10>sometimes those people are coming.

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<v Speaker 3>In just to buy and don't put the retail investors.

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<v Speaker 10>I'm not saying it's it's all the time, right yeah.

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<v Speaker 10>So but look, if you see a TI I one investor,

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<v Speaker 10>like a lot of project that you have a lot

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<v Speaker 10>of TR one investors in them, then I tend to

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<v Speaker 10>take that project more serious than a project that I

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<v Speaker 10>see that doesn't have at one or tier two investors.

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<v Speaker 2>Okay, let me understand what you're saying. So just just

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<v Speaker 2>point philosop number one. If I want to buy, look

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<v Speaker 2>at the real world problems they're trying to solve, so

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<v Speaker 2>the cryptos to saw the real world. Number one, number two,

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<v Speaker 2>I won't look at the investors. This is all the

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<v Speaker 2>tier one coming. The investors are going to be the

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<v Speaker 2>I see the quoting people coming into this space.

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<v Speaker 1>This tier one thing is what.

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<v Speaker 11>So now.

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<v Speaker 3>Investors are ranked the same ways are ranked according to

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<v Speaker 3>this thing A right, So investors in the crypto space

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<v Speaker 3>are runked. I don't know how they do the ranking,

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<v Speaker 3>but I know that they are ranked. They have ranked.

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<v Speaker 3>Investors have their own rankings.

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<v Speaker 10>We have like investors like Binance, right those Binance coin base,

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<v Speaker 10>those are regarded as.

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<v Speaker 3>One investors, I think, right.

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<v Speaker 10>So, so that that's another thing.

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<v Speaker 3>I looked at.

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<v Speaker 10>And then another thing I can'tsider is their economics. For example,

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<v Speaker 10>if they are if they are about twenty one is

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<v Speaker 10>but I.

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<v Speaker 3>Will just talk at this thread.

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<v Speaker 10>If I see any project that the founders of the

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<v Speaker 10>project has anything more than fifteen percent of the total supply.

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<v Speaker 3>Amount, that's the thing.

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<v Speaker 10>Someone we tell you seventeen percent, dom will tell you

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<v Speaker 10>twenty percent. I am not looking at cryptocurrency as fast, see,

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<v Speaker 10>I just want to buy and then it form size

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<v Speaker 10>that No.

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<v Speaker 3>That is not how I do approach cryptocurrency.

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<v Speaker 10>You know, so if the founders of the project has

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<v Speaker 10>anything more than fifteen percent of the total supply, I

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<v Speaker 10>would just believe.

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<v Speaker 3>And even in looking at the total.

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<v Speaker 10>Supply ds sometimes what most of them do is that

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<v Speaker 10>the way is there will create about one thousand one

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<v Speaker 10>let and then then we distribute all those things so

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<v Speaker 10>that it will look at it there are one thousand

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<v Speaker 10>people that is only that is holding those projects or

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<v Speaker 10>you never that is one person that ows one thousand worlds.

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<v Speaker 3>All right, a little that you really need to.

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<v Speaker 10>Have the training the next factus in order to be

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<v Speaker 10>able to depict quality.

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00:17:15.160 --> 00:17:18.519
<v Speaker 3>Projects from crypto me project.

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<v Speaker 2>You know, great, great, thanks for taking all strategy. We

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<v Speaker 2>can hang around. I want to just bring everyone in.

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<v Speaker 2>I think I've planned through eighteen from you and I

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00:17:27.039 --> 00:17:29.400
<v Speaker 2>know that's listening a bit love from you. Hang on,

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<v Speaker 2>let's get if you guys are hoping the olimitay, what

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00:17:32.079 --> 00:17:35.759
<v Speaker 2>what are you doing? Welcome to the party. You mean olimity.

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<v Speaker 2>Trump is hosting digital summit. Michael say, Oh, it's going

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<v Speaker 2>to be the biggest. That micro essay is going to

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<v Speaker 2>be the one of the biggest. Uh, this is a

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00:17:46.359 --> 00:17:48.079
<v Speaker 2>nice dark is going to be putting the next dock

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<v Speaker 2>very soon. He has about sixty billion. We're doing sex

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<v Speaker 2>supported towards crypto. Sentiment is shifting. What could go wrong

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<v Speaker 2>with limited should we have?

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<v Speaker 1>With a right.

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<v Speaker 3>Good Calum.

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<v Speaker 12>Nice to be a bas again and I think it's ours.

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<v Speaker 3>You're so happy to be here.

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<v Speaker 12>Because for those that followed your space and lady, well you,

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<v Speaker 12>I think, yeah, the things they're going back.

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<v Speaker 3>The guy has to mean let me see sorry the okay, then.

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<v Speaker 12>If you look at the market from the art we

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<v Speaker 12>give when you spoke about when we spoke about Marcat

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00:18:38.920 --> 00:18:43.359
<v Speaker 12>your space, I think there's a lady and one guy

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00:18:43.440 --> 00:18:46.880
<v Speaker 12>that gave a very disposition and that came to play

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<v Speaker 12>to what we are seen.

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<v Speaker 5>You know, I think first of all, biscoin.

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00:18:53.440 --> 00:18:54.079
<v Speaker 11>Is here to stay.

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00:18:55.279 --> 00:18:58.880
<v Speaker 12>Traditional finals have suppose for bitcoin. If you just look

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00:18:58.920 --> 00:19:02.200
<v Speaker 12>at black Rock and micro Strategy. You just mentioned the

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00:19:02.279 --> 00:19:06.559
<v Speaker 12>own about five percent of the total amount of bitcoin,

336
00:19:06.680 --> 00:19:09.960
<v Speaker 12>however produce and you know book packers say that about

337
00:19:10.039 --> 00:19:12.640
<v Speaker 12>five million bit because always below so we roughly have

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00:19:12.720 --> 00:19:14.559
<v Speaker 12>about seventeen million I will ever.

339
00:19:14.519 --> 00:19:17.400
<v Speaker 5>Be available even after the last.

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00:19:17.160 --> 00:19:19.599
<v Speaker 12>Bitcoin in his mind, So when you look at the

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00:19:19.640 --> 00:19:22.440
<v Speaker 12>population of it's being on plus I look at the

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00:19:22.440 --> 00:19:26.279
<v Speaker 12>fact that two entities already control five percent supply. It

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00:19:26.400 --> 00:19:32.240
<v Speaker 12>tells is that definitely bigger has a deflutionary property. And

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00:19:32.680 --> 00:19:36.160
<v Speaker 12>you know with Turner Trump coming to play the ecosystem,

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00:19:36.279 --> 00:19:43.039
<v Speaker 12>bringing out a pro firendly sect that understands crypto and

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00:19:43.400 --> 00:19:46.480
<v Speaker 12>his self engaging with the crypto industry. Result the meeting

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00:19:47.640 --> 00:19:50.599
<v Speaker 12>he had to the pressent that's positive. Can I don't

348
00:19:50.599 --> 00:19:53.480
<v Speaker 12>want to go into dimnity, but those are deport However,

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00:19:55.559 --> 00:19:59.039
<v Speaker 12>it has shown that in love Nigeria has suffered from

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<v Speaker 12>crypto exposure this quarter and that.

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<v Speaker 3>Was word things I raised.

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00:20:03.599 --> 00:20:06.079
<v Speaker 5>I said that a lot of people don't understand that.

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<v Speaker 12>One of which is why Bitcoin is different from the

354
00:20:10.000 --> 00:20:13.759
<v Speaker 12>rest is that he has a strong footing traditional for nows.

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00:20:13.759 --> 00:20:16.279
<v Speaker 12>You know, take a look at Blackrock. Black Crocker has

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00:20:16.319 --> 00:20:20.519
<v Speaker 12>about primary of ten thousand bitcoin, a look at macrostergg

357
00:20:20.640 --> 00:20:22.599
<v Speaker 12>has over from thousand bitcoin.

358
00:20:23.039 --> 00:20:25.319
<v Speaker 5>Then they are big entity. The Chinese government is.

359
00:20:27.640 --> 00:20:31.839
<v Speaker 12>Jermans food, the British governors, so there are different. So

360
00:20:32.160 --> 00:20:35.079
<v Speaker 12>this is that the bitcoin and the argument for bitcoin

361
00:20:35.160 --> 00:20:36.240
<v Speaker 12>is that it's not.

362
00:20:37.880 --> 00:20:39.400
<v Speaker 3>It's not over the central authority.

363
00:20:39.480 --> 00:20:43.000
<v Speaker 12>No central authority governs, so it's the centralized and the

364
00:20:43.000 --> 00:20:47.839
<v Speaker 12>integrity of that space is highly maintained and since has

365
00:20:47.880 --> 00:20:52.960
<v Speaker 12>not been at or. There are very few cases where

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00:20:53.279 --> 00:20:57.599
<v Speaker 12>bitcoin plays in the dark channel. You know a lot

367
00:20:57.640 --> 00:21:01.559
<v Speaker 12>of people see as big a good. Then the US

368
00:21:01.599 --> 00:21:04.200
<v Speaker 12>FED chief recently called its dictar good.

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00:21:04.240 --> 00:21:04.960
<v Speaker 3>So that happened.

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00:21:05.720 --> 00:21:09.839
<v Speaker 5>But can we look at the price actual from January to.

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00:21:12.079 --> 00:21:15.359
<v Speaker 12>As we speak, because has lost more than twenty five

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00:21:15.400 --> 00:21:18.200
<v Speaker 12>percent and a short term it looks like it's in

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00:21:18.200 --> 00:21:21.960
<v Speaker 12>the perish market and the revision is not perfecte bigger

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00:21:22.119 --> 00:21:26.000
<v Speaker 12>as the positive coalitions with the post contentity.

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00:21:26.839 --> 00:21:30.240
<v Speaker 3>So the reason is because while central banks.

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00:21:30.240 --> 00:21:33.680
<v Speaker 12>See the good as an asset, many of them are

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00:21:33.720 --> 00:21:34.799
<v Speaker 12>not compassed with bitcoin.

378
00:21:35.279 --> 00:21:38.519
<v Speaker 5>You see what happened with their central bank saying.

379
00:21:38.359 --> 00:21:40.799
<v Speaker 3>That they don't see people the Libor act to hold.

380
00:21:41.480 --> 00:21:46.759
<v Speaker 12>So I expect that people should learn that here this

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00:21:47.480 --> 00:21:51.279
<v Speaker 12>aparty is going. But it doesn't mean that don't see

382
00:21:51.279 --> 00:21:54.960
<v Speaker 12>an award view where people call him pitcoin. Remember your

383
00:21:55.000 --> 00:21:59.480
<v Speaker 12>space one million dollar now as we speak, what really

384
00:21:59.519 --> 00:22:02.599
<v Speaker 12>happening is that equidated be dread. You look at Tailor,

385
00:22:02.920 --> 00:22:06.319
<v Speaker 12>it's going below to two thousand dollars. Man, look as

386
00:22:06.359 --> 00:22:10.920
<v Speaker 12>hout coins and another thing against that this place is

387
00:22:10.920 --> 00:22:16.240
<v Speaker 12>heavily regulated. We've seen a lot of people who wintance comes,

388
00:22:16.480 --> 00:22:19.440
<v Speaker 12>maintenance comes, and you look at mine coins, for example,

389
00:22:21.039 --> 00:22:23.039
<v Speaker 12>the majority of man coins have lost.

390
00:22:22.799 --> 00:22:24.920
<v Speaker 3>Like persent of their value. So calu.

391
00:22:25.240 --> 00:22:27.640
<v Speaker 12>It takes me back to the fact that that has

392
00:22:28.119 --> 00:22:30.599
<v Speaker 12>diminished the ways some people's say Crypto.

393
00:22:31.839 --> 00:22:36.640
<v Speaker 5>However, like I said, we had a strong light, positive horizon.

394
00:22:36.880 --> 00:22:40.000
<v Speaker 5>But to loused on my points.

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00:22:40.400 --> 00:22:43.599
<v Speaker 12>The truth of the matter is that John Trump has

396
00:22:44.599 --> 00:22:47.079
<v Speaker 12>put a positive putical.

397
00:22:46.720 --> 00:22:47.839
<v Speaker 3>Cover on big point.

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00:22:49.000 --> 00:22:53.079
<v Speaker 12>But the readies that I listened to other speakers, I

399
00:22:53.119 --> 00:22:58.480
<v Speaker 12>think they're over over leverage, the optimistic.

400
00:22:58.119 --> 00:23:02.200
<v Speaker 5>About yes to space, And I'll tell you why.

401
00:23:03.200 --> 00:23:06.839
<v Speaker 12>The if you look at different type of different coins

402
00:23:06.839 --> 00:23:10.920
<v Speaker 12>came out, I use mini coins, different bad contracts.

403
00:23:11.680 --> 00:23:15.160
<v Speaker 3>The space is a fold. We don't really know the

404
00:23:15.240 --> 00:23:18.119
<v Speaker 3>old coin that we want to preve. We first thought

405
00:23:18.119 --> 00:23:18.880
<v Speaker 3>that it was going.

406
00:23:18.799 --> 00:23:20.799
<v Speaker 5>To be itterial because of this mark contract the.

407
00:23:20.880 --> 00:23:24.319
<v Speaker 3>Ability, but now we see that it's just bit contract issue.

408
00:23:24.279 --> 00:23:28.039
<v Speaker 5>And so personally I feel that he's too.

409
00:23:27.960 --> 00:23:28.599
<v Speaker 3>Really to call.

410
00:23:29.200 --> 00:23:32.960
<v Speaker 12>But Bitcoin diffinitly should be an asset CS and you

411
00:23:33.000 --> 00:23:35.240
<v Speaker 12>know the Americans this mark with.

412
00:23:35.240 --> 00:23:38.359
<v Speaker 3>The EF you don't need to direct people with pit coin.

413
00:23:38.880 --> 00:23:41.880
<v Speaker 3>You can buy just like we by, but the.

414
00:23:41.960 --> 00:23:47.000
<v Speaker 5>Problem is that in Nigeria many people don't have that.

415
00:23:47.039 --> 00:23:47.799
<v Speaker 3>To like exclose you.

416
00:23:48.039 --> 00:23:52.319
<v Speaker 12>So there's a point when some investment packers were construted.

417
00:23:51.960 --> 00:23:54.839
<v Speaker 3>Average coin in the stock market and just pro.

418
00:23:54.839 --> 00:23:58.720
<v Speaker 12>Packet engine I would become surpassed because because the Commission

419
00:23:58.759 --> 00:24:01.079
<v Speaker 12>has already said that keep conneitarium.

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00:24:01.720 --> 00:24:04.440
<v Speaker 3>The past has commodities. So that's my take.

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00:24:04.640 --> 00:24:07.079
<v Speaker 1>Okay, then I just act you specifically for Nigeria.

422
00:24:07.160 --> 00:24:07.319
<v Speaker 3>Right.

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00:24:07.920 --> 00:24:13.279
<v Speaker 2>Sex seems to support bitcoin, but is a sibling on board.

424
00:24:13.400 --> 00:24:16.079
<v Speaker 2>Now can I walk into a bank and open Carlo

425
00:24:16.200 --> 00:24:17.000
<v Speaker 2>bitcoin account?

426
00:24:17.079 --> 00:24:17.960
<v Speaker 1>Can I do that.

427
00:24:19.920 --> 00:24:23.599
<v Speaker 12>To versy to be even those that work in the

428
00:24:23.640 --> 00:24:30.440
<v Speaker 12>industry in theity indactigy with banks, you know, on paper yes,

429
00:24:31.000 --> 00:24:36.279
<v Speaker 12>in reality no, because before Cardoso came on board, banks

430
00:24:36.319 --> 00:24:40.680
<v Speaker 12>were penalized for those transacting with crypto. So those pays

431
00:24:40.680 --> 00:24:45.640
<v Speaker 12>on fines banks are overlay cultus. And the truth is

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00:24:45.680 --> 00:24:48.920
<v Speaker 12>that the TPN is still traditional.

433
00:24:48.680 --> 00:24:51.079
<v Speaker 3>DEPI in Nagera is still traditional.

434
00:24:50.599 --> 00:24:54.079
<v Speaker 12>And managed and there's no bod language that shows that

435
00:24:54.279 --> 00:24:54.480
<v Speaker 12>they are.

436
00:24:55.559 --> 00:24:58.400
<v Speaker 3>They spoke about decision at one point, I remember did

437
00:24:58.440 --> 00:25:01.559
<v Speaker 3>that people point? Uh, there was this back and forth.

438
00:25:02.039 --> 00:25:04.680
<v Speaker 12>So I think when the depers will be made is

439
00:25:05.319 --> 00:25:11.319
<v Speaker 12>cured as your commission when they are proved bitcoin spotitive.

440
00:25:10.880 --> 00:25:14.680
<v Speaker 3>On n G for example, Okay, we see people treating.

441
00:25:14.400 --> 00:25:19.400
<v Speaker 12>That maybe passive passively packs definitely paths Now, okay, this

442
00:25:19.440 --> 00:25:25.240
<v Speaker 12>is a the im Parks discipline Casco caring a lot

443
00:25:25.319 --> 00:25:27.279
<v Speaker 12>because I doubt it.

444
00:25:27.960 --> 00:25:30.279
<v Speaker 2>And the second question for you just on the only

445
00:25:31.279 --> 00:25:34.920
<v Speaker 2>go higher, go go micro. Right, if I was to

446
00:25:34.920 --> 00:25:38.359
<v Speaker 2>invest in being bitcoin today Nigeria, am I buying at

447
00:25:38.400 --> 00:25:38.799
<v Speaker 2>a pree?

448
00:25:38.880 --> 00:25:42.039
<v Speaker 1>I forget the price? But is this a premium or

449
00:25:42.079 --> 00:25:42.720
<v Speaker 1>a discount?

450
00:25:42.839 --> 00:25:43.000
<v Speaker 11>You know?

451
00:25:43.079 --> 00:25:45.880
<v Speaker 2>The price action today is all negative. We see it.

452
00:25:45.920 --> 00:25:50.839
<v Speaker 2>But but stalks also negative today? Right for me, for

453
00:25:51.039 --> 00:25:54.839
<v Speaker 2>you or before you have I'm just as an asset class.

454
00:25:54.920 --> 00:25:58.799
<v Speaker 1>Right is this thing now? Is this thing at a discount?

455
00:25:58.960 --> 00:25:59.039
<v Speaker 13>Not?

456
00:25:59.160 --> 00:26:03.240
<v Speaker 1>The price? Is the is the discount?

457
00:26:03.039 --> 00:26:05.720
<v Speaker 3>Is the premier discount?

458
00:26:05.720 --> 00:26:08.119
<v Speaker 12>Felt it's a discount.

459
00:26:08.200 --> 00:26:09.519
<v Speaker 3>It has a diffictional property.

460
00:26:10.240 --> 00:26:15.920
<v Speaker 12>You know he has strong backings of golobals and giant

461
00:26:16.640 --> 00:26:22.039
<v Speaker 12>and which turn ROMs as session on strategic pison.

462
00:26:22.599 --> 00:26:24.480
<v Speaker 3>You know it's a matter of time. But the problem

463
00:26:24.519 --> 00:26:28.200
<v Speaker 3>for the aid is on your power. Yeah, you can

464
00:26:28.240 --> 00:26:29.839
<v Speaker 3>hold this care for five years.

465
00:26:29.880 --> 00:26:33.759
<v Speaker 12>The aader you have because of DIPSI so yeah for

466
00:26:33.920 --> 00:26:36.240
<v Speaker 12>the open classhop you won't percent.

467
00:26:36.599 --> 00:26:40.519
<v Speaker 3>Yeah, it is a discount, but you have your populi.

468
00:26:41.440 --> 00:26:42.680
<v Speaker 3>That's a very trickish question.

469
00:26:42.920 --> 00:26:45.359
<v Speaker 1>Interesting, Okay, let me get two guys to speak and.

470
00:26:46.920 --> 00:26:47.119
<v Speaker 3>Through.

471
00:26:47.119 --> 00:26:49.319
<v Speaker 2>Actually I just them two guys. These are two folks

472
00:26:49.319 --> 00:26:52.680
<v Speaker 2>that are really into sit into bitcoin to take us

473
00:26:53.039 --> 00:26:55.160
<v Speaker 2>both local and it's national. Not going to get both

474
00:26:55.160 --> 00:26:59.359
<v Speaker 2>to them. It's got some money. You have cast some money.

475
00:26:59.440 --> 00:27:04.599
<v Speaker 2>Please please hoop on. You're welcome. I remember you telling

476
00:27:04.640 --> 00:27:06.319
<v Speaker 2>me back then as well, two years ago, that you

477
00:27:06.319 --> 00:27:09.440
<v Speaker 2>were buying bitcoin. Are you still buying now? How many

478
00:27:09.440 --> 00:27:11.119
<v Speaker 2>do you hold it? You can tell us I'm not

479
00:27:11.160 --> 00:27:13.640
<v Speaker 2>the tax guy. Are you still I still botherish on this?

480
00:27:16.160 --> 00:27:17.039
<v Speaker 3>Thank you, thank you, thank.

481
00:27:16.920 --> 00:27:20.960
<v Speaker 10>You, mister Jack. So happy to be back here, my brother.

482
00:27:21.240 --> 00:27:23.240
<v Speaker 10>One of the best spaces in West Africa.

483
00:27:23.480 --> 00:27:24.559
<v Speaker 1>Crazy for you.

484
00:27:24.799 --> 00:27:27.240
<v Speaker 10>Every time you give me this platform, I'm always very

485
00:27:27.319 --> 00:27:27.920
<v Speaker 10>very excited.

486
00:27:27.920 --> 00:27:29.519
<v Speaker 3>It's about two years now that I've been.

487
00:27:29.440 --> 00:27:30.599
<v Speaker 1>On your platform.

488
00:27:30.599 --> 00:27:33.480
<v Speaker 3>We cannot do any of that d patform BATC.

489
00:27:35.000 --> 00:27:39.359
<v Speaker 10>First of all, Bitcoin is the best performing assets in

490
00:27:39.400 --> 00:27:43.759
<v Speaker 10>the world as we speak, the best performing assets in

491
00:27:43.799 --> 00:27:46.920
<v Speaker 10>the world and a live asset performance chat over the

492
00:27:47.039 --> 00:27:52.359
<v Speaker 10>last four years of bitcoin. Bitcoin obviously beats magnificent seven

493
00:27:52.599 --> 00:27:55.559
<v Speaker 10>and you know what I'm talking about. It five hundred

494
00:27:55.759 --> 00:27:59.839
<v Speaker 10>bitts resting bats gold. It beats bond bond. Is you

495
00:28:00.240 --> 00:28:02.079
<v Speaker 10>less born?

496
00:28:02.240 --> 00:28:03.640
<v Speaker 3>Is completely useless?

497
00:28:03.680 --> 00:28:07.720
<v Speaker 10>Bitcoin outperformed everything on Earth.

498
00:28:09.480 --> 00:28:11.720
<v Speaker 3>I've won a bitcoin education.

499
00:28:13.319 --> 00:28:16.279
<v Speaker 10>News media outlet with my partner Journey because here it's

500
00:28:16.319 --> 00:28:18.720
<v Speaker 10>called a social journal. I think is the biggest and

501
00:28:18.799 --> 00:28:24.000
<v Speaker 10>the most honatal traited, authentic bitcoin only educational platform in Nigeria.

502
00:28:24.079 --> 00:28:26.319
<v Speaker 10>I am very close to the SEC Director General and

503
00:28:26.400 --> 00:28:29.000
<v Speaker 10>I wrote, is thiss in bitcoin? We all know that,

504
00:28:29.119 --> 00:28:35.359
<v Speaker 10>doctor Tima Gamma. And if you look around Africa never ever,

505
00:28:35.519 --> 00:28:37.359
<v Speaker 10>and I don't know anywhere else in the world, I

506
00:28:37.440 --> 00:28:40.960
<v Speaker 10>start to be corrected. Will you find the Director General

507
00:28:41.079 --> 00:28:43.079
<v Speaker 10>of the SEC or the Chairman of the.

508
00:28:43.039 --> 00:28:46.960
<v Speaker 3>SEC go live to speak at a bitcoin.

509
00:28:46.519 --> 00:28:49.480
<v Speaker 10>Conference for the first time in the history of Africa

510
00:28:49.480 --> 00:28:53.000
<v Speaker 10>and the history of Nigeria. Doctor Sema Gamma attended our

511
00:28:53.039 --> 00:28:57.240
<v Speaker 10>Bitcoin conference in Nigeria December last year in partnership with

512
00:28:57.319 --> 00:29:00.759
<v Speaker 10>the television station on the SCV. So everybody in your

513
00:29:00.759 --> 00:29:04.359
<v Speaker 10>space now should wake up. You will never lose one

514
00:29:04.400 --> 00:29:05.839
<v Speaker 10>time in BTC.

515
00:29:06.319 --> 00:29:07.079
<v Speaker 1>If you don't.

516
00:29:06.960 --> 00:29:11.000
<v Speaker 10>Sell within four years, tell me what asset class.

517
00:29:10.759 --> 00:29:12.759
<v Speaker 3>Can do better than Bitcoin. If like you are AT

518
00:29:12.839 --> 00:29:15.480
<v Speaker 3>both bitcoin w have said this for the past three years.

519
00:29:15.759 --> 00:29:18.519
<v Speaker 3>If like you AT bought bitcoin with just one.

520
00:29:18.319 --> 00:29:21.720
<v Speaker 10>Percent one percent of our reserve that we have had

521
00:29:21.759 --> 00:29:24.440
<v Speaker 10>in the last four years, Bro, right now, we will

522
00:29:24.480 --> 00:29:27.720
<v Speaker 10>be getting ready to start of setting our debts. As

523
00:29:27.759 --> 00:29:34.920
<v Speaker 10>I speak to you, mister carlajab Bro, bitcoin is vital,

524
00:29:36.000 --> 00:29:41.839
<v Speaker 10>bond a toxic. As I speak to you, bitcoin is

525
00:29:41.960 --> 00:29:43.240
<v Speaker 10>is superior to.

526
00:29:43.319 --> 00:29:47.559
<v Speaker 3>The town capital. As I speak to you, Bitcoin.

527
00:29:47.079 --> 00:29:50.480
<v Speaker 10>As a match as an institutional asset, and it is

528
00:29:50.519 --> 00:29:52.079
<v Speaker 10>now more viable than bond.

529
00:29:52.240 --> 00:29:54.039
<v Speaker 3>Of course, for public corporation.

530
00:29:55.599 --> 00:29:58.079
<v Speaker 10>The number of public entities that alding bitcoin now is

531
00:29:58.440 --> 00:30:03.039
<v Speaker 10>sudgean from ATF owing about forty percent to countries about

532
00:30:03.079 --> 00:30:06.119
<v Speaker 10>ten countries, private complains more at ten, public complaints more

533
00:30:06.119 --> 00:30:09.720
<v Speaker 10>than fifty mining complacement on fifteen in total of almost

534
00:30:09.720 --> 00:30:12.920
<v Speaker 10>one and twenty companies about thirteen plus percent of the

535
00:30:13.039 --> 00:30:16.440
<v Speaker 10>entire totalp BE twenty circulation valuing over twenty and sixty

536
00:30:16.480 --> 00:30:17.119
<v Speaker 10>four billion.

537
00:30:18.079 --> 00:30:19.640
<v Speaker 3>What asset class would.

538
00:30:19.400 --> 00:30:22.119
<v Speaker 10>You put money and in the next four years we

539
00:30:22.240 --> 00:30:25.799
<v Speaker 10>do one hundred percent? What is the CGR of every

540
00:30:25.799 --> 00:30:29.039
<v Speaker 10>other asset class compared to BTC, Mister Calhou. I will

541
00:30:29.079 --> 00:30:33.359
<v Speaker 10>be very, very proud to tell you that the analyzed

542
00:30:33.400 --> 00:30:37.119
<v Speaker 10>returns is twenty ninety twenty to twenty twenty five or

543
00:30:37.119 --> 00:30:40.400
<v Speaker 10>bitcoin it's two hundred and thirty percent SMP five hundred

544
00:30:40.519 --> 00:30:44.359
<v Speaker 10>level point five percent, go five percent. I mean US

545
00:30:44.440 --> 00:30:48.559
<v Speaker 10>ten years, treasury, one one decade, treasury rubbish one point

546
00:30:48.559 --> 00:30:52.200
<v Speaker 10>five percent. As we'll see you anyway, real estates five

547
00:30:52.200 --> 00:30:52.920
<v Speaker 10>point five percent.

548
00:30:52.960 --> 00:30:56.599
<v Speaker 3>Where would you put your money? Where would you put

549
00:30:56.640 --> 00:30:57.119
<v Speaker 3>your money?

550
00:30:57.200 --> 00:31:00.720
<v Speaker 1>Very interesting starts Yeah earlier, I mean you can, you

551
00:31:00.759 --> 00:31:01.160
<v Speaker 1>are right.

552
00:31:01.200 --> 00:31:03.960
<v Speaker 2>I mean again, you were here two three years ago,

553
00:31:04.079 --> 00:31:06.599
<v Speaker 2>and I've seen your videos where you are mining bitcoin

554
00:31:06.680 --> 00:31:11.319
<v Speaker 2>with Diesel generator and legos, so I'm back then. I

555
00:31:11.319 --> 00:31:14.759
<v Speaker 2>was like, okay, you're paying for diesel to mine bitcoin.

556
00:31:14.880 --> 00:31:16.680
<v Speaker 2>Let me let me talk about that for a second.

557
00:31:16.960 --> 00:31:18.279
<v Speaker 2>Has that been profitable?

558
00:31:18.440 --> 00:31:18.680
<v Speaker 3>I e.

559
00:31:19.720 --> 00:31:23.519
<v Speaker 2>That was doing subsidy. Now there's no subsidy. Just before

560
00:31:23.519 --> 00:31:28.319
<v Speaker 2>I combat to it.

561
00:31:26.240 --> 00:31:31.240
<v Speaker 10>Is another lie to you. It was a beautiful experience,

562
00:31:31.640 --> 00:31:35.599
<v Speaker 10>but it was between my friend. We ran into different problems.

563
00:31:36.119 --> 00:31:38.480
<v Speaker 10>I wouldn't encourage I wouldn't encourage anybody to do that.

564
00:31:38.640 --> 00:31:38.799
<v Speaker 3>Right.

565
00:31:39.000 --> 00:31:40.519
<v Speaker 10>If you don't have the bad please don't do it.

566
00:31:40.720 --> 00:31:43.599
<v Speaker 10>You might vol into problems. Okay, So for someone like

567
00:31:43.640 --> 00:31:45.920
<v Speaker 10>me and I'm one hundred percent invested in bitcoin, one

568
00:31:46.000 --> 00:31:48.599
<v Speaker 10>orndred percent, whether I am poor, whether I'm reached, I

569
00:31:48.599 --> 00:31:49.400
<v Speaker 10>don't have a.

570
00:31:49.640 --> 00:31:50.599
<v Speaker 3>Dime in nayra.

571
00:31:50.880 --> 00:31:52.960
<v Speaker 10>Let me tell you something, one set of bitcoin is

572
00:31:53.000 --> 00:31:56.359
<v Speaker 10>not greater than every night you and here you listen.

573
00:31:56.240 --> 00:31:57.039
<v Speaker 3>To what I am saying.

574
00:31:57.240 --> 00:32:00.200
<v Speaker 10>As I am speaking one sat of bitcoin. It's not

575
00:32:00.359 --> 00:32:03.720
<v Speaker 10>one tetic cobble. So if you saved in Piggy's spend,

576
00:32:03.839 --> 00:32:06.039
<v Speaker 10>that's one same money. All of these things shout out

577
00:32:06.079 --> 00:32:07.680
<v Speaker 10>to all those beautiful innovations.

578
00:32:07.799 --> 00:32:08.839
<v Speaker 3>You are deceiving yourself.

579
00:32:08.839 --> 00:32:10.599
<v Speaker 10>There's no amount of percentage to give you a month

580
00:32:10.680 --> 00:32:11.799
<v Speaker 10>or month, six more one year.

581
00:32:12.000 --> 00:32:13.319
<v Speaker 3>That's can pat inflation in a.

582
00:32:14.039 --> 00:32:16.839
<v Speaker 1>What is sat what's that thing? Said sut of bito?

583
00:32:17.119 --> 00:32:19.960
<v Speaker 10>Okay, there are one billion satoshi's in one bigs like

584
00:32:20.000 --> 00:32:22.160
<v Speaker 10>you have a couple of covers in one era and

585
00:32:22.160 --> 00:32:23.680
<v Speaker 10>a couple of cents in one dollar.

586
00:32:24.000 --> 00:32:26.039
<v Speaker 3>Right, the unit of account of bitcoin is.

587
00:32:26.000 --> 00:32:29.359
<v Speaker 10>In Satoshi's sacks for shots. So they have one hundred

588
00:32:29.359 --> 00:32:32.720
<v Speaker 10>million tatoshis and one bitcoin. So if you're buying bitcoin,

589
00:32:32.839 --> 00:32:35.759
<v Speaker 10>if you have not got to one hundred million Tatoshi's

590
00:32:35.799 --> 00:32:36.680
<v Speaker 10>you don't have bitcoin.

591
00:32:36.720 --> 00:32:39.200
<v Speaker 3>What you have is sacks.

592
00:32:39.400 --> 00:32:43.119
<v Speaker 10>So that's small less unit of account of bitcoin, one sack.

593
00:32:43.200 --> 00:32:46.200
<v Speaker 3>It's not greater than our own one nira. That's what happening.

594
00:32:47.240 --> 00:32:50.039
<v Speaker 10>Yes, terribly, that time I came to your space two

595
00:32:50.119 --> 00:32:53.200
<v Speaker 10>years ago, it was just like for twenty thirty couple

596
00:32:53.480 --> 00:32:58.160
<v Speaker 10>to one nira, twenty technic cover to one SAT. Today

597
00:32:58.359 --> 00:33:00.599
<v Speaker 10>one sat is one is one there at one couple

598
00:33:00.599 --> 00:33:02.640
<v Speaker 10>go and check it, and it is because bitchcoin is

599
00:33:02.680 --> 00:33:06.880
<v Speaker 10>not into seven eighty five thousand dollars. When bitcoin goes

600
00:33:06.920 --> 00:33:09.880
<v Speaker 10>back to one hundred thousand dollars wanted as several thousand dollars,

601
00:33:10.000 --> 00:33:12.240
<v Speaker 10>one stats will be almost two narrow. Why would you

602
00:33:12.359 --> 00:33:14.440
<v Speaker 10>say in the naira white people, there is the way

603
00:33:14.480 --> 00:33:15.279
<v Speaker 10>that Giando mens.

604
00:33:15.119 --> 00:33:15.720
<v Speaker 11>Will escape it.

605
00:33:15.880 --> 00:33:18.519
<v Speaker 3>I have insight information that they're already talking about bitcoin.

606
00:33:18.599 --> 00:33:21.279
<v Speaker 10>Now you're squeezing the neck of the Director general of

607
00:33:21.359 --> 00:33:21.839
<v Speaker 10>the SEC.

608
00:33:21.960 --> 00:33:23.359
<v Speaker 3>Everybody wants to collect lincense.

609
00:33:23.519 --> 00:33:25.920
<v Speaker 10>My company has also found for their celebrated and regulatory

610
00:33:26.000 --> 00:33:26.960
<v Speaker 10>incubation program.

611
00:33:27.119 --> 00:33:29.799
<v Speaker 3>We've been waiting. We kind of don't like the fact

612
00:33:29.839 --> 00:33:31.279
<v Speaker 3>that Quidas.

613
00:33:30.680 --> 00:33:33.160
<v Speaker 10>And and and and bush A monopolized in the space,

614
00:33:33.200 --> 00:33:35.079
<v Speaker 10>but shoutouts to Puci and Blalou.

615
00:33:35.240 --> 00:33:36.039
<v Speaker 3>Those are great guys.

616
00:33:36.079 --> 00:33:39.039
<v Speaker 10>But the twothies doctor Simia Gama is like a brig

617
00:33:39.119 --> 00:33:41.680
<v Speaker 10>daddy to me, and we keep telling him line stys

618
00:33:41.720 --> 00:33:43.960
<v Speaker 10>bitchcoin company. First, before you pay attention to all that

619
00:33:44.000 --> 00:33:46.720
<v Speaker 10>crystal jagons, because most of them are centralized. As a

620
00:33:46.759 --> 00:33:49.480
<v Speaker 10>matter of fact, all of them are centralized and scamp

621
00:33:49.599 --> 00:33:51.359
<v Speaker 10>is involved. You can see what is happening in America.

622
00:33:51.400 --> 00:33:53.680
<v Speaker 10>You see the way doing our top turned around after.

623
00:33:53.559 --> 00:33:55.400
<v Speaker 3>The first treat that you made. You can see that

624
00:33:55.480 --> 00:33:58.599
<v Speaker 3>the country will losing a lot of money. Look, if

625
00:33:58.680 --> 00:34:00.400
<v Speaker 3>you compare it's.

626
00:34:00.200 --> 00:34:02.599
<v Speaker 11>Goin investment to Xli and the rest of them, you.

627
00:34:02.599 --> 00:34:07.319
<v Speaker 10>Will realize that the bitcoin is an anti censorship bascoin

628
00:34:07.440 --> 00:34:10.039
<v Speaker 10>is finite. But all of these other ones they have

629
00:34:10.239 --> 00:34:13.199
<v Speaker 10>shared this, they already had a pre mind operation before

630
00:34:13.280 --> 00:34:16.159
<v Speaker 10>they even came into existence in the first place. Any

631
00:34:16.280 --> 00:34:18.639
<v Speaker 10>Body on this pace can mind bit coin. You have

632
00:34:18.840 --> 00:34:21.400
<v Speaker 10>just kick off your your You can buy a minor,

633
00:34:21.519 --> 00:34:23.960
<v Speaker 10>gets a computer and then start to get the reward.

634
00:34:24.320 --> 00:34:26.800
<v Speaker 10>So there are many things I would love to say,

635
00:34:26.840 --> 00:34:28.840
<v Speaker 10>but I just want to say that on EDG today,

636
00:34:28.920 --> 00:34:31.559
<v Speaker 10>in the last ten years, no way on EDG to

637
00:34:31.679 --> 00:34:34.800
<v Speaker 10>day that any asset class has talned better than bussy.

638
00:34:34.880 --> 00:34:37.000
<v Speaker 10>I'll stay here and see if there's an opportunity to China.

639
00:34:37.159 --> 00:34:38.800
<v Speaker 10>But thank you very much for biking me up music.

640
00:34:38.880 --> 00:34:43.159
<v Speaker 1>How thank you? I mean that's a victory role if

641
00:34:43.239 --> 00:34:43.880
<v Speaker 1>I had one.

642
00:34:44.400 --> 00:34:48.239
<v Speaker 2>When you say make a recommendation that comes to pass,

643
00:34:48.320 --> 00:34:50.920
<v Speaker 2>then you can talk like how my friend is speaking

644
00:34:51.039 --> 00:34:52.119
<v Speaker 2>and he's not wrong.

645
00:34:52.480 --> 00:34:52.639
<v Speaker 1>Right.

646
00:34:52.880 --> 00:34:57.199
<v Speaker 2>Bitcoin's return has beaten every ass a class. I think

647
00:34:57.239 --> 00:35:00.119
<v Speaker 2>people are scared about putting money in their butt. His

648
00:35:00.280 --> 00:35:03.159
<v Speaker 2>data pans out. Let me get it's a thing. It's

649
00:35:03.199 --> 00:35:05.519
<v Speaker 2>a thing. You heard all my friends from Nigeria. I

650
00:35:05.559 --> 00:35:11.079
<v Speaker 2>spoke about the returns. If you hold naira, you will

651
00:35:11.119 --> 00:35:13.320
<v Speaker 2>know how bitter inflation. If you hold Bitcoin with that

652
00:35:13.400 --> 00:35:17.079
<v Speaker 2>bitter inflation, if it give us the international angle, also

653
00:35:17.159 --> 00:35:19.960
<v Speaker 2>the use case for this, I'm always a use case person.

654
00:35:20.079 --> 00:35:23.400
<v Speaker 2>And my mindset goes back to that Bloomberg article where

655
00:35:23.440 --> 00:35:27.039
<v Speaker 2>they said only four percent of bitcoin is actually being

656
00:35:27.159 --> 00:35:28.199
<v Speaker 2>used for transactions.

657
00:35:28.280 --> 00:35:30.840
<v Speaker 1>The rest are being used just to hold like he's

658
00:35:30.920 --> 00:35:32.320
<v Speaker 1>doing to bat inflation.

659
00:35:32.960 --> 00:35:35.599
<v Speaker 2>So can you speak around that is has being mat

660
00:35:35.599 --> 00:35:37.360
<v Speaker 2>sure to the fight the guy here has spoken about

661
00:35:37.440 --> 00:35:40.480
<v Speaker 2>chain link has a major The fact that bitcoin now

662
00:35:40.599 --> 00:35:44.960
<v Speaker 2>has real day to day use utility that then allows

663
00:35:45.039 --> 00:35:48.199
<v Speaker 2>us to invest and nowhere buying something that is tangible.

664
00:35:48.400 --> 00:35:49.599
<v Speaker 2>Can you speak around them a thing?

665
00:35:50.920 --> 00:35:52.639
<v Speaker 3>Yeah, thanks for having me in the space.

666
00:35:52.719 --> 00:35:54.760
<v Speaker 14>Yeah, I think it's been a couple of years as

667
00:35:54.840 --> 00:35:57.239
<v Speaker 14>we locked along with other watch guns.

668
00:35:58.360 --> 00:36:01.960
<v Speaker 3>My African brother here. So you know, I think the

669
00:36:02.679 --> 00:36:04.519
<v Speaker 3>use case for bitcoin.

670
00:36:04.320 --> 00:36:07.239
<v Speaker 14>Now, you know, I'm a I'm a physician on the

671
00:36:07.280 --> 00:36:10.960
<v Speaker 14>West Coast in the US, so you know, I've dope

672
00:36:11.000 --> 00:36:14.119
<v Speaker 14>down the rabbit hole for bitcoin at twenty one, and

673
00:36:14.400 --> 00:36:17.679
<v Speaker 14>the more I learned about bitcoin, I understand it as

674
00:36:17.840 --> 00:36:22.400
<v Speaker 14>a great store of value that is the best use

675
00:36:22.519 --> 00:36:27.679
<v Speaker 14>case for bitcoin for long term. So I basically treat

676
00:36:27.760 --> 00:36:32.280
<v Speaker 14>bitcoin as a savings account and then I.

677
00:36:32.440 --> 00:36:35.719
<v Speaker 15>Use our dollar as my checking account.

678
00:36:35.760 --> 00:36:38.880
<v Speaker 14>So whenever I have to make you know, mortgage payment,

679
00:36:39.960 --> 00:36:43.599
<v Speaker 14>car payments, any bills that are due, I use the

680
00:36:43.679 --> 00:36:44.280
<v Speaker 14>dollar for that.

681
00:36:44.880 --> 00:36:48.840
<v Speaker 15>But anything extra that I have left on the side,

682
00:36:49.440 --> 00:36:50.119
<v Speaker 15>I actually.

683
00:36:49.960 --> 00:36:52.119
<v Speaker 16>Converted to bitcoin right away because.

684
00:36:51.840 --> 00:36:55.920
<v Speaker 15>I know long term it's the best savings account and

685
00:36:56.039 --> 00:36:58.440
<v Speaker 15>it's been given you know, recently, it's been given.

686
00:36:58.239 --> 00:36:59.280
<v Speaker 3>About fifty percent.

687
00:37:00.519 --> 00:37:04.159
<v Speaker 17>I realyzed a return per year and I expect that

688
00:37:04.360 --> 00:37:08.920
<v Speaker 17>to continue for probably the next decade, and the more

689
00:37:08.960 --> 00:37:12.199
<v Speaker 17>you study this asset class, the more you realize that

690
00:37:12.360 --> 00:37:15.000
<v Speaker 17>this is going to outperform anything else, at least for

691
00:37:15.079 --> 00:37:16.280
<v Speaker 17>the next coming decade.

692
00:37:17.639 --> 00:37:20.239
<v Speaker 15>So this is where I think for your audience, I

693
00:37:20.280 --> 00:37:21.079
<v Speaker 15>would really.

694
00:37:22.639 --> 00:37:27.280
<v Speaker 17>Want to say that there's a difference between bitcoin and

695
00:37:27.440 --> 00:37:31.119
<v Speaker 17>crypto and I learned that early on. Initially I had

696
00:37:31.199 --> 00:37:35.920
<v Speaker 17>bought bitcoin and some Cardono and ethereum, and the more

697
00:37:36.000 --> 00:37:38.039
<v Speaker 17>I learned crypto.

698
00:37:37.719 --> 00:37:39.599
<v Speaker 15>Space all the other tokens.

699
00:37:39.639 --> 00:37:43.760
<v Speaker 3>They have a CEO. They can change the supply of

700
00:37:43.880 --> 00:37:44.679
<v Speaker 3>the crypto.

701
00:37:44.360 --> 00:37:45.559
<v Speaker 15>Asset anytime they want.

702
00:37:46.599 --> 00:37:49.480
<v Speaker 14>Bitcoin is the only one that is the fixed supply

703
00:37:49.679 --> 00:37:52.920
<v Speaker 14>of twenty one million, and that's written in computer code.

704
00:37:52.920 --> 00:37:56.119
<v Speaker 17>And you have to spend at least one hundred hours

705
00:37:56.360 --> 00:37:59.760
<v Speaker 17>learning this asset class to understand it. And you know

706
00:38:00.599 --> 00:38:04.039
<v Speaker 17>on your heading here says crypto strategic reserve. I would

707
00:38:04.119 --> 00:38:08.079
<v Speaker 17>just clarify for the listeners and the audience here it

708
00:38:08.320 --> 00:38:11.119
<v Speaker 17>actually is a bitcoin strategic reserve.

709
00:38:11.679 --> 00:38:13.719
<v Speaker 15>So it's a there's two parts.

710
00:38:13.480 --> 00:38:15.920
<v Speaker 3>Of the thing that was passed.

711
00:38:16.480 --> 00:38:20.599
<v Speaker 17>One is the bitcoin strategic reserve where they're holding the

712
00:38:20.840 --> 00:38:22.760
<v Speaker 17>bitcoin that they have, and then they're coming up with

713
00:38:22.880 --> 00:38:27.000
<v Speaker 17>ways budget neutral ways to acquire more bitcoin.

714
00:38:27.400 --> 00:38:30.599
<v Speaker 15>And the second part is a crypto stockpile.

715
00:38:31.559 --> 00:38:34.719
<v Speaker 17>So the crypto stockpile, they have all kinds of different

716
00:38:34.760 --> 00:38:39.880
<v Speaker 17>tokens in there, and there's no plan to accumulate more,

717
00:38:40.360 --> 00:38:43.679
<v Speaker 17>but they can always sell it to converge to bitcoin.

718
00:38:44.159 --> 00:38:48.079
<v Speaker 15>So that's the differentiation. I think the people in the

719
00:38:48.119 --> 00:38:49.400
<v Speaker 15>White House they actually.

720
00:38:49.199 --> 00:38:54.000
<v Speaker 17>Really understand that bitcoin is different from the other crypto assets.

721
00:38:54.679 --> 00:38:56.679
<v Speaker 15>And this is where I would really treat it as

722
00:38:56.719 --> 00:38:58.360
<v Speaker 15>a savings account long term.

723
00:38:58.559 --> 00:39:00.960
<v Speaker 17>You want to buy it when you're ready to all

724
00:39:01.039 --> 00:39:02.800
<v Speaker 17>it for at least four years time frame.

725
00:39:03.599 --> 00:39:05.719
<v Speaker 15>And then I'd like to give two examples. I think

726
00:39:05.760 --> 00:39:08.360
<v Speaker 15>I've given it in one of your past spaces as

727
00:39:08.400 --> 00:39:09.119
<v Speaker 15>I was learning.

728
00:39:08.880 --> 00:39:11.199
<v Speaker 3>About bitcoin gold.

729
00:39:12.000 --> 00:39:13.800
<v Speaker 15>I think this resonates with everyone in the world.

730
00:39:14.480 --> 00:39:15.800
<v Speaker 3>Gold it took gold.

731
00:39:17.119 --> 00:39:19.440
<v Speaker 17>Five thousand years to go from a value of zero

732
00:39:20.039 --> 00:39:25.679
<v Speaker 17>to thousand dollars because people trusted that this shiny rock

733
00:39:25.840 --> 00:39:29.280
<v Speaker 17>has value and it had to gain the trust of

734
00:39:29.360 --> 00:39:33.360
<v Speaker 17>the people. And bitcoin did the same thing in ten years.

735
00:39:33.480 --> 00:39:36.679
<v Speaker 17>It went from zero to one thousand dollars value in

736
00:39:36.840 --> 00:39:41.280
<v Speaker 17>ten years. So again, people are trusting that there's only

737
00:39:41.320 --> 00:39:44.679
<v Speaker 17>going to be twenty one million bitcoin, and they're trusting

738
00:39:44.800 --> 00:39:48.280
<v Speaker 17>the code that that's not going to change, and this

739
00:39:48.519 --> 00:39:51.079
<v Speaker 17>monetary supply is backed by energy coin.

740
00:39:51.840 --> 00:39:52.719
<v Speaker 3>So that's one example.

741
00:39:52.760 --> 00:39:56.280
<v Speaker 17>And the second one is it's the fastest asset to

742
00:39:56.480 --> 00:39:57.639
<v Speaker 17>one trillion dollars.

743
00:39:59.480 --> 00:40:04.639
<v Speaker 15>It beat even Google, Meta, Facebook, Tesla to.

744
00:40:04.719 --> 00:40:08.239
<v Speaker 3>Get to a one trillion market cap.

745
00:40:09.119 --> 00:40:11.840
<v Speaker 15>So this acid should not be ignored.

746
00:40:12.400 --> 00:40:13.079
<v Speaker 3>I think if.

747
00:40:14.480 --> 00:40:18.039
<v Speaker 15>Anyone's learning about the crypto space, spend some time learning

748
00:40:18.039 --> 00:40:19.000
<v Speaker 15>about bitcoin first.

749
00:40:19.599 --> 00:40:23.840
<v Speaker 14>Crypto is more speculation, in my opinion, but everyone needs

750
00:40:23.880 --> 00:40:24.960
<v Speaker 14>to learn that on their own.

751
00:40:25.880 --> 00:40:32.559
<v Speaker 17>But the White House is portraying Bitcoin strategic reserve, and then.

752
00:40:32.480 --> 00:40:33.840
<v Speaker 3>They have a crypto stop pack.

753
00:40:34.119 --> 00:40:39.000
<v Speaker 17>And again, being like a regular person working day to day,

754
00:40:40.519 --> 00:40:44.400
<v Speaker 17>how do you figure out from there's actually millions of cryptos.

755
00:40:45.039 --> 00:40:47.599
<v Speaker 17>I can spin up a crypto right now on this pot,

756
00:40:47.639 --> 00:40:50.000
<v Speaker 17>and I can try shilling it in the space right

757
00:40:50.039 --> 00:40:50.920
<v Speaker 17>now if I wanted to.

758
00:40:51.599 --> 00:40:55.440
<v Speaker 15>And that's the problem with crypto. There's too many. There's

759
00:40:55.519 --> 00:40:58.239
<v Speaker 15>no real use case for ninety nine point nine percent

760
00:40:58.320 --> 00:41:00.880
<v Speaker 15>of them, and that you learn as you're.

761
00:41:02.280 --> 00:41:05.920
<v Speaker 17>Going through the process of one hundred hours. So bitcoin

762
00:41:06.599 --> 00:41:09.960
<v Speaker 17>rate savings to long term, it should do really really well.

763
00:41:10.280 --> 00:41:13.159
<v Speaker 15>I think it's going to uperform any of the stock markets.

764
00:41:13.159 --> 00:41:15.199
<v Speaker 3>So actually I used to buy Tesla.

765
00:41:15.000 --> 00:41:17.840
<v Speaker 17>First in the past, I actually don't buy any Tesla

766
00:41:17.920 --> 00:41:21.280
<v Speaker 17>stockulent because I think Bitcoin will outperform Tesla.

767
00:41:21.440 --> 00:41:24.000
<v Speaker 2>So can I answer the questions saying, let me ask

768
00:41:24.039 --> 00:41:27.360
<v Speaker 2>a question I couldn't mind. So, how does the Bitcoin

769
00:41:28.159 --> 00:41:32.000
<v Speaker 2>Strategic Reserve help the sector? Lay it out for us

770
00:41:32.039 --> 00:41:34.320
<v Speaker 2>and for those that are listening, like the really standard stuff.

771
00:41:34.519 --> 00:41:36.679
<v Speaker 2>Why does when the USA is the one to have

772
00:41:36.760 --> 00:41:39.840
<v Speaker 2>this bitcoin reserve, and I thank you for pusing that

773
00:41:39.920 --> 00:41:43.719
<v Speaker 2>to a show, how does it now help bitcoin help

774
00:41:44.199 --> 00:41:47.199
<v Speaker 2>I eed, investors and even the price and what happens?

775
00:41:47.599 --> 00:41:48.719
<v Speaker 1>Could you lay that out for us?

776
00:41:49.639 --> 00:41:51.320
<v Speaker 3>Yeah? Excellent, excellent question.

777
00:41:52.320 --> 00:41:56.039
<v Speaker 14>This is I think what Trump did by announcing the

778
00:41:56.199 --> 00:42:01.840
<v Speaker 14>bitcoint Strategic Reserve is he's bringing everyone's attention throughout the

779
00:42:01.960 --> 00:42:03.119
<v Speaker 14>world to bitcoin.

780
00:42:04.039 --> 00:42:07.000
<v Speaker 15>So he's actually starting.

781
00:42:06.639 --> 00:42:11.519
<v Speaker 17>The game theory of nation states four mooining into bitcoin.

782
00:42:11.880 --> 00:42:14.280
<v Speaker 15>So I think the biggest holder right now is US

783
00:42:14.440 --> 00:42:16.280
<v Speaker 15>about two hundred thousand bitcoin.

784
00:42:17.000 --> 00:42:19.480
<v Speaker 17>Second biggest is China, I believe, and then there's a

785
00:42:19.639 --> 00:42:23.880
<v Speaker 17>few other countries. But this is where he's actually setting

786
00:42:24.000 --> 00:42:28.800
<v Speaker 17>off the game theory of bitcoin really taking off. And

787
00:42:29.039 --> 00:42:31.280
<v Speaker 17>I would say this is like a great anything under

788
00:42:31.280 --> 00:42:35.599
<v Speaker 17>one hundred thousand if you can get into bitcoin. It's

789
00:42:35.840 --> 00:42:37.840
<v Speaker 17>a great buying opportunity.

790
00:42:38.000 --> 00:42:41.920
<v Speaker 15>And this is and there's a there's a block of

791
00:42:42.119 --> 00:42:43.559
<v Speaker 15>people people think.

792
00:42:43.440 --> 00:42:46.159
<v Speaker 17>Oh my god, this is Let me check the latest prize.

793
00:42:46.159 --> 00:42:48.760
<v Speaker 17>It's eighty two thousand, so it's on sale right now.

794
00:42:49.480 --> 00:42:51.599
<v Speaker 17>Whenever people say eighty two thousand I have to buy,

795
00:42:52.079 --> 00:42:52.639
<v Speaker 17>I can't.

796
00:42:52.480 --> 00:42:54.639
<v Speaker 3>Buy one bitcoin. No, you can.

797
00:42:54.840 --> 00:42:58.800
<v Speaker 15>You can save a dollar per day, you can take

798
00:42:58.840 --> 00:42:59.760
<v Speaker 15>your naira, you can.

799
00:42:59.719 --> 00:43:04.239
<v Speaker 17>Buy very minimal amounts and you created like a saving

800
00:43:04.280 --> 00:43:06.480
<v Speaker 17>So I think it's a more of a habit that

801
00:43:06.559 --> 00:43:09.360
<v Speaker 17>you need to create. But the urgency is more more

802
00:43:09.400 --> 00:43:12.400
<v Speaker 17>there now because I think what Trump has done is

803
00:43:12.719 --> 00:43:17.239
<v Speaker 17>he's actually called it out and he's actually getting the

804
00:43:17.440 --> 00:43:19.800
<v Speaker 17>Nation States to really go.

805
00:43:19.920 --> 00:43:21.159
<v Speaker 15>Into this asset class.

806
00:43:21.440 --> 00:43:23.519
<v Speaker 3>So the ones I think there's a lot of countries

807
00:43:23.559 --> 00:43:24.159
<v Speaker 3>that already know it.

808
00:43:24.239 --> 00:43:27.840
<v Speaker 17>There's a you know, Dubai is mining bitcoin, Abu Dhabi is.

809
00:43:27.960 --> 00:43:29.800
<v Speaker 17>There's a lot of places all around the world that's

810
00:43:29.800 --> 00:43:32.840
<v Speaker 17>already doing it. But he's bringing the attention now to

811
00:43:33.000 --> 00:43:35.719
<v Speaker 17>like European folks that have been you know and IMF

812
00:43:35.800 --> 00:43:38.679
<v Speaker 17>that have have been fighting bitcoin. Guess what they're gonna

813
00:43:38.719 --> 00:43:43.960
<v Speaker 17>flip now because now the greatest country and the US

814
00:43:44.039 --> 00:43:48.559
<v Speaker 17>dollar being supreme is actually okay with the bitcoin now,

815
00:43:48.639 --> 00:43:51.360
<v Speaker 17>so he's actually given the green light. And I think

816
00:43:51.400 --> 00:43:56.039
<v Speaker 17>he started at a nation state formo. So I would

817
00:43:56.239 --> 00:43:58.880
<v Speaker 17>tell your listeners study the one hundred hours really fast

818
00:43:59.000 --> 00:43:59.280
<v Speaker 17>right now.

819
00:44:00.280 --> 00:44:02.320
<v Speaker 15>If you can get some under one hundreds, that would

820
00:44:02.360 --> 00:44:02.679
<v Speaker 15>be great.

821
00:44:02.840 --> 00:44:06.119
<v Speaker 10>And just saying strategy, thank you very much for my brother.

822
00:44:06.239 --> 00:44:08.599
<v Speaker 10>Let me cook a chiping something here for my Nigerian people.

823
00:44:08.639 --> 00:44:10.679
<v Speaker 10>And it's been a long time we spoke and Charlotte is.

824
00:44:10.760 --> 00:44:12.960
<v Speaker 3>Rgally a great big choir. Look, mister Carlos said something

825
00:44:13.000 --> 00:44:14.360
<v Speaker 3>when the Loomiti was speaking.

826
00:44:14.159 --> 00:44:17.679
<v Speaker 10>Right, Uh, the banks in Nigeria will ever accustody and

827
00:44:17.840 --> 00:44:20.159
<v Speaker 10>sell bas coin. First of all, go back to two

828
00:44:20.239 --> 00:44:22.559
<v Speaker 10>days ago the Office of the Controller of the Currency

829
00:44:22.800 --> 00:44:26.000
<v Speaker 10>in the US just about two three days ago were

830
00:44:26.079 --> 00:44:30.239
<v Speaker 10>seen the previously policy that's required their banks, you know,

831
00:44:30.360 --> 00:44:34.519
<v Speaker 10>to get prior approval to basically demonstrate adequate risk controls

832
00:44:34.559 --> 00:44:38.400
<v Speaker 10>before they are able to engage in cryptocurrency related activities.

833
00:44:38.639 --> 00:44:42.079
<v Speaker 10>In other words, what they're saying is going forward in

834
00:44:42.159 --> 00:44:45.719
<v Speaker 10>the United States of America, every bank, every freaking bank

835
00:44:45.800 --> 00:44:49.159
<v Speaker 10>in America will buy and sell big coin and all

836
00:44:49.199 --> 00:44:50.039
<v Speaker 10>that cryptocurrency.

837
00:44:50.280 --> 00:44:52.960
<v Speaker 3>Who is the United Siam banker that will not do it.

838
00:44:53.039 --> 00:44:55.400
<v Speaker 10>I can bet you from Chetback backs, from chet Back

839
00:44:55.440 --> 00:44:59.440
<v Speaker 10>Badget jim Obia to Tony and Lumlo. Everybody and their

840
00:44:59.519 --> 00:45:02.199
<v Speaker 10>banks was sell b TC already. The banks are already

841
00:45:02.239 --> 00:45:05.199
<v Speaker 10>backed up processing print con transactions. If not a lot

842
00:45:05.239 --> 00:45:07.159
<v Speaker 10>of their company, a lot of the banks will have died.

843
00:45:07.519 --> 00:45:09.000
<v Speaker 10>Cryptocolity transactions has.

844
00:45:08.920 --> 00:45:10.880
<v Speaker 3>Really held on banks up there.

845
00:45:11.320 --> 00:45:13.159
<v Speaker 10>If not by now they will have taken over on

846
00:45:13.239 --> 00:45:15.440
<v Speaker 10>bands the way a retad bank went off and Crystal

847
00:45:15.519 --> 00:45:16.199
<v Speaker 10>Bank is working.

848
00:45:16.559 --> 00:45:20.039
<v Speaker 3>Also, somebody spoke about uh.

849
00:45:21.639 --> 00:45:24.480
<v Speaker 10>Buying bitcoins the particular time you cannot time bit coin

850
00:45:24.559 --> 00:45:28.000
<v Speaker 10>market like Swaranji said, there are twenty one million bit coins,

851
00:45:28.000 --> 00:45:29.320
<v Speaker 10>which means one hundred millions or so.

852
00:45:29.440 --> 00:45:33.400
<v Speaker 3>She's in twenty one million places never to be printed again.

853
00:45:33.760 --> 00:45:36.679
<v Speaker 10>Never again will you find twenty one plus one. So

854
00:45:37.360 --> 00:45:39.119
<v Speaker 10>you can buy from the top, you can buy from

855
00:45:39.119 --> 00:45:41.559
<v Speaker 10>the midile, you can buy from bido. What you're basically

856
00:45:41.679 --> 00:45:45.320
<v Speaker 10>doing is twenty with dirty trash, Fiat inflationary paper money,

857
00:45:45.320 --> 00:45:48.039
<v Speaker 10>whether it's not at all pounds, and you're buying the best.

858
00:45:47.960 --> 00:45:51.920
<v Speaker 3>Assets in the world, putting it in cyberspace, and and

859
00:45:52.840 --> 00:45:54.960
<v Speaker 3>basically engineering with engineering.

860
00:45:55.000 --> 00:45:58.079
<v Speaker 10>It's with artificial intelligence, let it soar forever and ever.

861
00:45:58.639 --> 00:46:01.239
<v Speaker 10>So if you want to buy this point, buy your

862
00:46:01.280 --> 00:46:03.280
<v Speaker 10>own person of the twenty one million, if only if.

863
00:46:03.199 --> 00:46:04.880
<v Speaker 3>It is just ten thousand that you can buy that

864
00:46:04.960 --> 00:46:06.679
<v Speaker 3>ten that's one that I will never go down the train.

865
00:46:06.760 --> 00:46:08.960
<v Speaker 10>I want to tell every Nigeria that it is the

866
00:46:09.039 --> 00:46:11.760
<v Speaker 10>ner of paper dollar that flung twings. If you buy bitcoin,

867
00:46:11.840 --> 00:46:14.559
<v Speaker 10>those decimals that you bought will never ever change.

868
00:46:14.639 --> 00:46:15.920
<v Speaker 3>Anybody that does held.

869
00:46:15.760 --> 00:46:18.960
<v Speaker 10>Bit point in four years, whether bear market or whatever,

870
00:46:19.119 --> 00:46:23.039
<v Speaker 10>market will never ever loose one dollar bounty. You start

871
00:46:23.079 --> 00:46:25.559
<v Speaker 10>to look at this going because your price, he's going up,

872
00:46:25.679 --> 00:46:27.800
<v Speaker 10>he's going down. Then you start to plan it, hold

873
00:46:27.840 --> 00:46:30.800
<v Speaker 10>it for four years, swelve months times fourth, nothing on it.

874
00:46:31.079 --> 00:46:34.360
<v Speaker 3>We've patched the c a g out of BTC. Lookas

875
00:46:34.440 --> 00:46:39.119
<v Speaker 3>cash is our issue of Nigeria, lucas MP out of Nigeria,

876
00:46:40.119 --> 00:46:44.360
<v Speaker 3>lucas inflation rates of Nigeria. How the hell will people survive?

877
00:46:44.800 --> 00:46:46.519
<v Speaker 3>There's no way the banks will be able to borrow

878
00:46:46.639 --> 00:46:50.239
<v Speaker 3>money because I see our is the largest freaking hell.

879
00:46:50.880 --> 00:46:52.880
<v Speaker 3>So if they're gonna learn money, they gotta love money

880
00:46:52.880 --> 00:46:55.840
<v Speaker 3>to to to to wealthier.

881
00:46:55.920 --> 00:46:59.599
<v Speaker 10>So the market seller version of the borrow money to buy.

882
00:46:59.639 --> 00:47:02.960
<v Speaker 10>This coin cannot work in Nigeria because twenty seven percent

883
00:47:03.079 --> 00:47:05.000
<v Speaker 10>and no band go borrow you less than twenty nine

884
00:47:05.039 --> 00:47:08.320
<v Speaker 10>thirty thirty four percent, So that can work the only

885
00:47:08.360 --> 00:47:10.679
<v Speaker 10>way it can work is to work very hard, stack

886
00:47:10.760 --> 00:47:13.719
<v Speaker 10>SAPs dollar cost average. I call it Narra coast average.

887
00:47:13.960 --> 00:47:16.639
<v Speaker 10>As much as possible, just hustle and buy.

888
00:47:17.000 --> 00:47:18.599
<v Speaker 3>I bet it prest.

889
00:47:18.400 --> 00:47:21.039
<v Speaker 10>Developmental Noble or anybody that wants to contest in twenty

890
00:47:21.079 --> 00:47:23.800
<v Speaker 10>twenty seven, if they don't campaign with BTC, my name

891
00:47:23.880 --> 00:47:25.920
<v Speaker 10>is not a Duachev because most likely that we lose,

892
00:47:26.760 --> 00:47:30.199
<v Speaker 10>because that is what the American convenser is doing now.

893
00:47:30.559 --> 00:47:33.440
<v Speaker 3>And if we can see Donald Trump moving as a

894
00:47:33.599 --> 00:47:36.960
<v Speaker 3>technology speed as it like its technology startup, I've never

895
00:47:37.039 --> 00:47:39.559
<v Speaker 3>ever seen such presidency on Earth, even in the US,

896
00:47:39.960 --> 00:47:41.920
<v Speaker 3>moving as seven is trying to put out a David

897
00:47:42.000 --> 00:47:43.599
<v Speaker 3>most valuable the products.

898
00:47:43.760 --> 00:47:48.639
<v Speaker 10>It was valuable products to peace for investors. Look at

899
00:47:48.719 --> 00:47:52.079
<v Speaker 10>our own country, it takes it takes weeks and months

900
00:47:52.159 --> 00:47:54.599
<v Speaker 10>and months to even deliberate on something that takes two

901
00:47:54.679 --> 00:47:58.679
<v Speaker 10>seconds for and individual to solve. So overall, what I'm

902
00:47:58.719 --> 00:48:01.559
<v Speaker 10>saying is nagery. Yeah, if you look at our budget

903
00:48:01.599 --> 00:48:05.760
<v Speaker 10>from that is something trivia to fifty for trillion and

904
00:48:05.880 --> 00:48:08.159
<v Speaker 10>then we have to service day with about a little

905
00:48:08.679 --> 00:48:11.639
<v Speaker 10>the trillion and the about trivial. And you look at

906
00:48:11.639 --> 00:48:13.880
<v Speaker 10>the NPR, you look at the place already you know

907
00:48:14.000 --> 00:48:15.960
<v Speaker 10>that we have to going down the drain everything because

908
00:48:16.360 --> 00:48:18.480
<v Speaker 10>for like you know, the only way you can escape

909
00:48:18.519 --> 00:48:20.400
<v Speaker 10>this is to buy BC Champion.

910
00:48:20.519 --> 00:48:22.000
<v Speaker 3>Everybody wanted to sleep.

911
00:48:21.800 --> 00:48:27.840
<v Speaker 1>You gotcha? Yeah, go ahead, Yeah.

912
00:48:27.639 --> 00:48:31.400
<v Speaker 12>I just want to make a count down before down.

913
00:48:31.800 --> 00:48:37.039
<v Speaker 12>So we aren't prove pitch coin, but I'm gonna realist.

914
00:48:38.440 --> 00:48:41.840
<v Speaker 12>I'm happy that call is exposing the financial system. He

915
00:48:41.960 --> 00:48:46.000
<v Speaker 12>kindot understands how Nigeria works, so for the audience, just

916
00:48:46.079 --> 00:48:49.079
<v Speaker 12>to put a balance and let people have the right

917
00:48:49.199 --> 00:48:54.119
<v Speaker 12>perspective of how traditional finance looks like bitchcoin. While the

918
00:48:54.159 --> 00:48:57.519
<v Speaker 12>America has taking the lead, he's still conservative in Europe

919
00:48:57.920 --> 00:49:01.199
<v Speaker 12>and Africa. And the truth of the matter is that

920
00:49:01.559 --> 00:49:04.559
<v Speaker 12>I don't see pitscoin being mainstream like we see the

921
00:49:04.599 --> 00:49:05.119
<v Speaker 12>United States.

922
00:49:05.639 --> 00:49:08.880
<v Speaker 5>Other this first term of present noble.

923
00:49:08.760 --> 00:49:13.519
<v Speaker 12>At least the revision is not fa fage because like

924
00:49:13.639 --> 00:49:18.559
<v Speaker 12>you're just fully integrated, which in the IMF World Bank,

925
00:49:18.760 --> 00:49:21.920
<v Speaker 12>and we could see what the IMF was doing to

926
00:49:22.039 --> 00:49:24.719
<v Speaker 12>the small even the fact that sometimes at some point

927
00:49:25.400 --> 00:49:26.599
<v Speaker 12>to be a concessional.

928
00:49:28.119 --> 00:49:30.199
<v Speaker 1>Diamonds Shore.

929
00:49:30.639 --> 00:49:33.400
<v Speaker 2>You know what, let him, let him get balanced. I'm

930
00:49:33.400 --> 00:49:36.840
<v Speaker 2>not coming anybody off. You know, letter speak is going

931
00:49:36.880 --> 00:49:38.079
<v Speaker 2>to be an open space letting.

932
00:49:38.800 --> 00:49:41.239
<v Speaker 12>The truth of the matter is that we need to

933
00:49:41.320 --> 00:49:46.840
<v Speaker 12>look at things from our perspective and our capacity capability.

934
00:49:47.559 --> 00:49:48.000
<v Speaker 3>Definitely.

935
00:49:48.480 --> 00:49:51.159
<v Speaker 12>You know, we all agree that because as we are

936
00:49:51.280 --> 00:49:55.599
<v Speaker 12>the most best performers. The fact about that many times.

937
00:49:56.039 --> 00:49:59.280
<v Speaker 12>But the problem with pitscoin massiveness is that they think

938
00:49:59.320 --> 00:50:02.599
<v Speaker 12>the world us all around bitcoins, and that's very untrue.

939
00:50:03.280 --> 00:50:07.559
<v Speaker 3>So for example, this year, I gave my outlook and

940
00:50:07.599 --> 00:50:08.400
<v Speaker 3>as I see.

941
00:50:09.079 --> 00:50:13.079
<v Speaker 5>I'm must selling my bitcoin audience. But I'm not increasing

942
00:50:13.159 --> 00:50:14.159
<v Speaker 5>by a pressure at.

943
00:50:14.079 --> 00:50:18.079
<v Speaker 12>This because I see the fact that bitcoir has a positive.

944
00:50:17.719 --> 00:50:20.800
<v Speaker 5>Conditionion with research on fears and that has come to play.

945
00:50:21.599 --> 00:50:25.039
<v Speaker 12>So if you have bought early world, that's good. If

946
00:50:25.079 --> 00:50:28.760
<v Speaker 12>you curse really buying it depends on your holding power.

947
00:50:28.679 --> 00:50:29.400
<v Speaker 3>Your capacity.

948
00:50:29.639 --> 00:50:32.440
<v Speaker 12>The Abay danger is not the American were disposable come

949
00:50:32.559 --> 00:50:34.719
<v Speaker 12>is high. The Abay nager is the whole parting to

950
00:50:35.199 --> 00:50:36.719
<v Speaker 12>spare about.

951
00:50:36.519 --> 00:50:39.239
<v Speaker 3>Sixty to sixty five percent of food. You're not expecting

952
00:50:39.280 --> 00:50:41.000
<v Speaker 3>that person to say if you buy on that on

953
00:50:41.159 --> 00:50:43.119
<v Speaker 3>that bitcoin. That's a joke, you know.

954
00:50:43.280 --> 00:50:48.199
<v Speaker 12>So my closing mark is that, yeah, build weather skills.

955
00:50:48.280 --> 00:50:51.800
<v Speaker 12>You can to have the financial capacity to be exposed

956
00:50:51.840 --> 00:50:54.440
<v Speaker 12>to this asset. But not being exposed to bitcoin is

957
00:50:54.480 --> 00:50:56.400
<v Speaker 12>not the end of the world, my brother, It's not.

958
00:50:56.559 --> 00:50:59.800
<v Speaker 12>Doesn't make you a loser. I think what really makes

959
00:51:00.239 --> 00:51:03.960
<v Speaker 12>the most different here is the fact that you have

960
00:51:04.599 --> 00:51:07.000
<v Speaker 12>the capacity to generate that.

961
00:51:07.159 --> 00:51:07.679
<v Speaker 3>So thank you.

962
00:51:08.599 --> 00:51:12.199
<v Speaker 2>Okay, perfect again, Just again, guys, I'm not putting your

963
00:51:12.320 --> 00:51:14.760
<v Speaker 2>pin in here. If you just allowed they want to speak.

964
00:51:15.079 --> 00:51:18.199
<v Speaker 2>Folks are listening in or tuning in because they want

965
00:51:18.320 --> 00:51:21.519
<v Speaker 2>to understand and learn. And if you're an adult, you

966
00:51:21.599 --> 00:51:24.280
<v Speaker 2>know you hear everything. You can sive out what you

967
00:51:24.360 --> 00:51:26.519
<v Speaker 2>want to see about. But the important thing is to

968
00:51:26.599 --> 00:51:29.679
<v Speaker 2>get the information. When you get the information, then you

969
00:51:29.760 --> 00:51:32.280
<v Speaker 2>can then basically do what you want to do. But

970
00:51:32.679 --> 00:51:34.920
<v Speaker 2>we want to know what's going on and how can

971
00:51:35.000 --> 00:51:36.440
<v Speaker 2>we be a part of it or not be a

972
00:51:36.480 --> 00:51:40.440
<v Speaker 2>part of it. Let's get afroable afterable. You've heard us speak.

973
00:51:40.840 --> 00:51:44.239
<v Speaker 2>You've heard the pro positive side. You've also heard the

974
00:51:44.360 --> 00:51:46.920
<v Speaker 2>traditional guys as who speak. I want to get some

975
00:51:47.199 --> 00:51:50.880
<v Speaker 2>what's your take on this? You know it's just you

976
00:51:51.000 --> 00:51:54.960
<v Speaker 2>as is bullish nine years, not just a bullish what's

977
00:51:55.000 --> 00:51:55.320
<v Speaker 2>you take?

978
00:51:56.880 --> 00:51:57.519
<v Speaker 1>I can't believe.

979
00:51:58.679 --> 00:52:02.320
<v Speaker 18>I think those to go back to the initial Personally,

980
00:52:02.360 --> 00:52:03.719
<v Speaker 18>I'm long bitcoin.

981
00:52:03.440 --> 00:52:07.280
<v Speaker 3>I'm prot bitcoin. I hope I did have my portfolios

982
00:52:07.320 --> 00:52:09.400
<v Speaker 3>in bitcoin. I used to have.

983
00:52:11.039 --> 00:52:14.960
<v Speaker 18>Other off coins the theory of Cordano, But I've kind

984
00:52:15.000 --> 00:52:19.320
<v Speaker 18>of taken up a position and that with the reserve,

985
00:52:19.760 --> 00:52:21.840
<v Speaker 18>and I think a little there as I've touched this

986
00:52:22.079 --> 00:52:24.079
<v Speaker 18>quite well, and I every want to post a question,

987
00:52:24.480 --> 00:52:26.880
<v Speaker 18>but the US Reserve that kind of gives a very

988
00:52:26.920 --> 00:52:32.360
<v Speaker 18>institutional position to bitcoin, and most people, if you're not exposed,

989
00:52:32.440 --> 00:52:35.360
<v Speaker 18>it's still a very good time to buy into bitcoin.

990
00:52:36.000 --> 00:52:38.159
<v Speaker 3>I think there's very few hours classes.

991
00:52:37.880 --> 00:52:39.639
<v Speaker 18>In the next five years that I'm going to match

992
00:52:39.800 --> 00:52:42.800
<v Speaker 18>the performance of bitcoin. Even looking at the fundamentals today,

993
00:52:43.559 --> 00:52:45.239
<v Speaker 18>there's still some politiciality.

994
00:52:46.000 --> 00:52:48.639
<v Speaker 3>So when it comes as a store of value.

995
00:52:48.400 --> 00:52:52.119
<v Speaker 18>I'm quite quite positive and I'm quite optimistic about that.

996
00:52:52.840 --> 00:52:58.400
<v Speaker 3>But as a reserve, it's it's very I think right.

997
00:52:58.320 --> 00:53:01.400
<v Speaker 18>Now, anyone that's anyone that's speaks quite confident about what

998
00:53:01.639 --> 00:53:04.159
<v Speaker 18>is really going to play out as far as the reserve,

999
00:53:04.760 --> 00:53:05.599
<v Speaker 18>I think as far as.

1000
00:53:05.559 --> 00:53:07.480
<v Speaker 3>Globally, it's still quite early.

1001
00:53:09.159 --> 00:53:10.880
<v Speaker 18>I say this, and this is part of the question

1002
00:53:10.920 --> 00:53:14.800
<v Speaker 18>because how I see it is as from bitcoin, people

1003
00:53:16.000 --> 00:53:19.360
<v Speaker 18>still purchase bitcoin with the dollar in the short term.

1004
00:53:20.199 --> 00:53:24.320
<v Speaker 18>In the short term, the reserve itself strengthens a dollar.

1005
00:53:24.920 --> 00:53:26.639
<v Speaker 3>And I say this because dollar is still.

1006
00:53:26.440 --> 00:53:29.559
<v Speaker 18>A major medium of exchange for trade, major trades in

1007
00:53:29.599 --> 00:53:33.239
<v Speaker 18>oil market, swift and all that. So evenly, looking at

1008
00:53:33.280 --> 00:53:35.119
<v Speaker 18>the short term, dollar.

1009
00:53:35.199 --> 00:53:37.719
<v Speaker 5>Isn't going to disappear anytime, so it's.

1010
00:53:37.559 --> 00:53:40.360
<v Speaker 18>Still inflationary, and over time it loses these to the

1011
00:53:40.440 --> 00:53:41.719
<v Speaker 18>inflationary pressure of the dollar.

1012
00:53:42.119 --> 00:53:45.639
<v Speaker 3>But I still see the fact that B two C

1013
00:53:45.760 --> 00:53:48.320
<v Speaker 3>spec to dollar most of it. And if we agree

1014
00:53:48.360 --> 00:53:49.320
<v Speaker 3>that bitcoin is not going.

1015
00:53:49.320 --> 00:53:52.519
<v Speaker 13>To be a predominant means of exchange, most people are

1016
00:53:52.559 --> 00:53:55.840
<v Speaker 13>going to purchase bitcoin with dollar now and maybe elliminate

1017
00:53:56.199 --> 00:53:59.039
<v Speaker 13>if any of the speakers can maybe.

1018
00:53:59.320 --> 00:54:03.440
<v Speaker 3>Touching this, So I think I think touching that after well,

1019
00:54:03.480 --> 00:54:07.280
<v Speaker 3>thank you very much, careful with your other odd coin bags.

1020
00:54:07.280 --> 00:54:08.360
<v Speaker 1>I know you know what you're doing, and.

1021
00:54:08.639 --> 00:54:09.800
<v Speaker 3>It's good that you're a big coin.

1022
00:54:10.199 --> 00:54:13.239
<v Speaker 10>Firstly, any country that buys bitcoin or that can praise

1023
00:54:13.280 --> 00:54:15.400
<v Speaker 10>the money of that country, and by baitcoin now is

1024
00:54:15.559 --> 00:54:17.679
<v Speaker 10>just from running and they will want there will be

1025
00:54:17.719 --> 00:54:19.239
<v Speaker 10>one of the richest countries in the world.

1026
00:54:19.320 --> 00:54:20.920
<v Speaker 3>America is smart. They don't want that.

1027
00:54:21.079 --> 00:54:23.599
<v Speaker 10>US don't have to go down the drain, so obviously don't.

1028
00:54:23.639 --> 00:54:26.239
<v Speaker 10>Trump already said it's not going to be a CBDC right,

1029
00:54:26.559 --> 00:54:30.519
<v Speaker 10>so us DC, us DC will most likely trojan US

1030
00:54:30.639 --> 00:54:34.800
<v Speaker 10>to keep a US dollar out there because everybody's those

1031
00:54:34.840 --> 00:54:36.840
<v Speaker 10>paper coin guys are purchasing.

1032
00:54:36.719 --> 00:54:39.159
<v Speaker 3>The US treasuries. What treasuries.

1033
00:54:39.199 --> 00:54:40.840
<v Speaker 10>What I think we should do in Nigeria is to

1034
00:54:40.920 --> 00:54:45.039
<v Speaker 10>support conversities CNNG shart to set out.

1035
00:54:44.920 --> 00:54:47.119
<v Speaker 3>To d G and what he's doing with with CNGN.

1036
00:54:47.400 --> 00:54:50.719
<v Speaker 10>The moment cn GN is interropeable with as many blood

1037
00:54:50.760 --> 00:54:53.079
<v Speaker 10>chains as possible, that's when you start to see the

1038
00:54:53.199 --> 00:54:56.119
<v Speaker 10>magic people with five bitcoin correctly with the Narra and

1039
00:54:56.239 --> 00:54:59.119
<v Speaker 10>like you said, this is the best time to get

1040
00:54:59.199 --> 00:55:02.679
<v Speaker 10>into it, not on fill all that national whips about Europe.

1041
00:55:03.760 --> 00:55:05.800
<v Speaker 10>Guys to talk about what Europe is doing. By the way,

1042
00:55:06.079 --> 00:55:08.800
<v Speaker 10>excuse my French people that cannot even prove the good

1043
00:55:09.079 --> 00:55:10.679
<v Speaker 10>in your conface.

1044
00:55:11.599 --> 00:55:12.840
<v Speaker 3>You already know that the.

1045
00:55:14.400 --> 00:55:17.119
<v Speaker 10>Band of England already messed up with the gold and

1046
00:55:17.599 --> 00:55:20.079
<v Speaker 10>the US definitely know that Fort Knocks will embarrass them.

1047
00:55:20.199 --> 00:55:22.960
<v Speaker 10>That's why they quickly you know, position themselves with the

1048
00:55:23.039 --> 00:55:26.960
<v Speaker 10>big cooin strategic reserve, not crypto strategic reserve. It to

1049
00:55:27.159 --> 00:55:30.400
<v Speaker 10>take today as we speak, any country that buys this

1050
00:55:30.559 --> 00:55:32.039
<v Speaker 10>coin and keeps it as a reserve.

1051
00:55:32.320 --> 00:55:33.079
<v Speaker 3>One thing they can this.

1052
00:55:33.519 --> 00:55:36.360
<v Speaker 10>Little is to position themselves to have something greater than

1053
00:55:36.400 --> 00:55:39.239
<v Speaker 10>the dollars, so they can negotiate with anybody worldwide lonely

1054
00:55:39.320 --> 00:55:39.679
<v Speaker 10>to sell it.

1055
00:55:39.880 --> 00:55:42.079
<v Speaker 3>You can actually borrow it against it. That's one. Two.

1056
00:55:43.840 --> 00:55:46.880
<v Speaker 3>Big coin gets its value from its network.

1057
00:55:47.079 --> 00:55:50.920
<v Speaker 10>In other words, Bitcoin gets is next worth from its network,

1058
00:55:51.280 --> 00:55:55.559
<v Speaker 10>beyond keeping Bitcoin as a strategic reserve, beyond keeping Bitcoin

1059
00:55:55.760 --> 00:55:58.880
<v Speaker 10>as an asset plus that you hold asset plus that

1060
00:55:58.920 --> 00:56:02.320
<v Speaker 10>you holding forever. And I say, if you don't send

1061
00:56:02.440 --> 00:56:06.559
<v Speaker 10>bitcoin across bitcoin on shame, then you don't know the

1062
00:56:06.639 --> 00:56:09.119
<v Speaker 10>value of bitcoin. Discoin will never get any value. It's

1063
00:56:09.119 --> 00:56:11.199
<v Speaker 10>not because I can sailla it's value. It's not because

1064
00:56:11.280 --> 00:56:14.079
<v Speaker 10>presidents do not. RUMP has announced rategic bit point at

1065
00:56:14.079 --> 00:56:16.679
<v Speaker 10>bitcoin we go up. That's what people are missing.

1066
00:56:16.920 --> 00:56:17.719
<v Speaker 15>Hey, i'm talking.

1067
00:56:17.880 --> 00:56:20.320
<v Speaker 3>I'm talking to mister Carl. Don't disturb me. Maybe so

1068
00:56:21.280 --> 00:56:25.199
<v Speaker 3>that's my I'm sorry, I can so what this bitcoin is.

1069
00:56:25.280 --> 00:56:28.760
<v Speaker 10>Value is the let's work, the fact that you can

1070
00:56:28.960 --> 00:56:32.159
<v Speaker 10>send this coin wherever I am now, Carlo, if you're Innergetina.

1071
00:56:32.400 --> 00:56:34.280
<v Speaker 10>If I am in whose based ki stand? I can

1072
00:56:34.360 --> 00:56:37.119
<v Speaker 10>send you a billion dollar, just like anybody can send

1073
00:56:37.159 --> 00:56:39.000
<v Speaker 10>you one dollar. That's is the value of bitcoin.

1074
00:56:39.079 --> 00:56:39.559
<v Speaker 3>Who cares?

1075
00:56:39.599 --> 00:56:42.559
<v Speaker 10>If you hold twenty billion dollars one hundred billion dollars

1076
00:56:42.559 --> 00:56:44.880
<v Speaker 10>of bitcoin, I cannot send it to anybody. The thing is,

1077
00:56:44.960 --> 00:56:47.760
<v Speaker 10>you cannot send some me, you cannot send some of me.

1078
00:56:47.840 --> 00:56:50.079
<v Speaker 10>You cannot stop me from sending money to somebody.

1079
00:56:50.159 --> 00:56:52.079
<v Speaker 1>That's the value. Let me answer your question.

1080
00:56:54.280 --> 00:56:57.119
<v Speaker 3>Go ahead, Yeah, yeah, there's just certain things. I think

1081
00:56:57.119 --> 00:57:00.760
<v Speaker 3>that's a quick tangent. So just for your your yours.

1082
00:57:01.760 --> 00:57:05.519
<v Speaker 13>If if you're just been exposed to cryptore recently, a bitcoin,

1083
00:57:05.719 --> 00:57:08.480
<v Speaker 13>all the coins you eventually most people are going to

1084
00:57:08.519 --> 00:57:11.039
<v Speaker 13>run into both coins and maybe considered.

1085
00:57:10.679 --> 00:57:14.239
<v Speaker 19>Trading, and because you might see returns, you might see

1086
00:57:14.519 --> 00:57:15.519
<v Speaker 19>the scales.

1087
00:57:15.199 --> 00:57:18.880
<v Speaker 13>But I would advise generally to stay away from old coins.

1088
00:57:20.280 --> 00:57:24.400
<v Speaker 3>However confident you are. Most people lose money and old coins.

1089
00:57:24.719 --> 00:57:27.599
<v Speaker 3>And I've seen very very smart people who trade for

1090
00:57:27.639 --> 00:57:29.480
<v Speaker 3>a living, who trade professionally.

1091
00:57:29.880 --> 00:57:31.559
<v Speaker 13>They've made a lot of money and off coins and

1092
00:57:31.599 --> 00:57:34.159
<v Speaker 13>they've continued to but they've also lost the w Some

1093
00:57:34.280 --> 00:57:36.320
<v Speaker 13>of them have been lucky to come back, but a

1094
00:57:36.400 --> 00:57:39.880
<v Speaker 13>good portion can come back with those lotses. So if

1095
00:57:39.960 --> 00:57:44.679
<v Speaker 13>you're casual, if you're a YouTube crypto anywhere, casual holder,

1096
00:57:45.360 --> 00:57:48.599
<v Speaker 13>generally speaking, stick to the Bitcoin, the main coin.

1097
00:57:48.719 --> 00:57:51.559
<v Speaker 19>Maybe all kinds of theory of maybe, but I would

1098
00:57:51.599 --> 00:57:55.440
<v Speaker 19>have personally advise if you're not really experienced in trading,

1099
00:57:55.480 --> 00:57:57.880
<v Speaker 19>if you're if you're not really experienced in trading all

1100
00:57:57.920 --> 00:58:01.719
<v Speaker 19>the asset classes, no matter how technical, how much technology,

1101
00:58:01.800 --> 00:58:04.519
<v Speaker 19>believe you have all coins and might not be the

1102
00:58:04.559 --> 00:58:07.960
<v Speaker 19>best part for you. Going back to the second reply

1103
00:58:08.079 --> 00:58:12.039
<v Speaker 19>to Summer, our initial discussion, my question is coming from.

1104
00:58:11.960 --> 00:58:12.960
<v Speaker 3>This is another point of view.

1105
00:58:13.400 --> 00:58:16.719
<v Speaker 13>Bitcoin is the centralist, which is both its benefit from

1106
00:58:16.719 --> 00:58:18.400
<v Speaker 13>my perspective, as the drawback.

1107
00:58:18.800 --> 00:58:21.280
<v Speaker 3>So that's it being decentralized.

1108
00:58:21.360 --> 00:58:24.199
<v Speaker 13>Is the confidence I have in it start value and

1109
00:58:24.360 --> 00:58:25.519
<v Speaker 13>it's not really going anywhere.

1110
00:58:25.639 --> 00:58:26.719
<v Speaker 3>That's my confidence there.

1111
00:58:27.119 --> 00:58:32.440
<v Speaker 13>But being as a reserve, it's it opens up other questions,

1112
00:58:32.519 --> 00:58:37.039
<v Speaker 13>especially geopoliticals, because you then have your you're asking countries

1113
00:58:37.440 --> 00:58:42.840
<v Speaker 13>to take this pypture as a reserve, but it being decentralized,

1114
00:58:42.920 --> 00:58:47.639
<v Speaker 13>meaning you still have the bad actors who bypass on

1115
00:58:47.760 --> 00:58:49.400
<v Speaker 13>the chain go bypass.

1116
00:58:49.000 --> 00:58:52.760
<v Speaker 3>Sanctions, who trade, you know, who trade illegally.

1117
00:58:52.400 --> 00:58:56.920
<v Speaker 13>Legally, who buy you know, drugs black market? And this

1118
00:58:57.079 --> 00:58:59.719
<v Speaker 13>is again it being the centralised why we like it,

1119
00:59:00.199 --> 00:59:02.079
<v Speaker 13>but it also has these problems.

1120
00:59:02.239 --> 00:59:03.239
<v Speaker 3>That's why while the.

1121
00:59:03.320 --> 00:59:05.960
<v Speaker 13>US is pushing it as a literal but he ustill

1122
00:59:06.039 --> 00:59:09.280
<v Speaker 13>very skeptical. You have other countries that lot of African

1123
00:59:09.320 --> 00:59:13.719
<v Speaker 13>countries also skeptical as well of adopting bitcoin. Uh well

1124
00:59:14.199 --> 00:59:19.280
<v Speaker 13>uh uh in regarding to laws and regulation adopting it

1125
00:59:19.400 --> 00:59:24.599
<v Speaker 13>fully and even with Nigeria, I just maybe you guys know,

1126
00:59:24.840 --> 00:59:28.239
<v Speaker 13>but laws with crypto right down Nigeria and not clear.

1127
00:59:28.840 --> 00:59:30.920
<v Speaker 1>Yeah, it's that's really truly.

1128
00:59:31.639 --> 00:59:32.840
<v Speaker 3>It's legal, but it's.

1129
00:59:32.719 --> 00:59:35.039
<v Speaker 13>Not a lot of and I say this from my

1130
00:59:35.199 --> 00:59:39.840
<v Speaker 13>professional the financial services are my daytime. Then a lot

1131
00:59:39.880 --> 00:59:43.880
<v Speaker 13>of crypto companies are looking to come to Nigeria platforms, exchanges,

1132
00:59:43.960 --> 00:59:45.079
<v Speaker 13>but the laws aren't clear.

1133
00:59:46.519 --> 00:59:49.000
<v Speaker 3>You know, SEX has one thing, CBN said one thing,

1134
00:59:49.119 --> 00:59:51.440
<v Speaker 3>but there is no uniformity in the banks a different things.

1135
00:59:52.559 --> 00:59:55.760
<v Speaker 3>You know. That's there is. There is a strategy.

1136
00:59:55.880 --> 00:59:59.159
<v Speaker 10>There is a strategic guideline and framework put together by

1137
00:59:59.199 --> 01:00:00.760
<v Speaker 10>the SEC, and.

1138
01:00:00.840 --> 01:00:05.360
<v Speaker 3>That's industry wide. The SEC actually consulted practically everybody.

1139
01:00:08.079 --> 01:00:10.679
<v Speaker 10>That's to speak by the National Assembly, is in front

1140
01:00:10.760 --> 01:00:12.880
<v Speaker 10>of the president and with the hope that the president

1141
01:00:13.000 --> 01:00:13.960
<v Speaker 10>is going to sign his into law.

1142
01:00:14.159 --> 01:00:16.840
<v Speaker 1>Okay, okay, right.

1143
01:00:16.760 --> 01:00:20.159
<v Speaker 13>Now, currently, right now, there is still a lot of

1144
01:00:20.320 --> 01:00:23.840
<v Speaker 13>uncertainty I speak from you know, I speak in regards

1145
01:00:23.920 --> 01:00:25.960
<v Speaker 13>to platforms and businesses.

1146
01:00:25.679 --> 01:00:28.280
<v Speaker 3>Trying to come in. They still of uncertainty of where

1147
01:00:28.360 --> 01:00:31.480
<v Speaker 3>Andrea stands on the on the on crypto.

1148
01:00:32.039 --> 01:00:36.119
<v Speaker 2>So what's the name of the what's the name of

1149
01:00:36.199 --> 01:00:39.079
<v Speaker 2>the bill? They wanted the House of Past and it's

1150
01:00:39.079 --> 01:00:40.880
<v Speaker 2>a frog president which is it wasn't name?

1151
01:00:40.920 --> 01:00:42.840
<v Speaker 3>Do you have a name? So I'm going to have

1152
01:00:42.920 --> 01:00:43.360
<v Speaker 3>to ask the.

1153
01:00:44.960 --> 01:00:46.719
<v Speaker 10>But as at the time I was in office a

1154
01:00:46.800 --> 01:00:48.880
<v Speaker 10>couple of weeks ago, I know very well because I

1155
01:00:48.920 --> 01:00:51.360
<v Speaker 10>spoke on Channel's people Laddie. I want to frame out

1156
01:00:51.360 --> 01:00:53.800
<v Speaker 10>of the frame the framework and the guy who I

1157
01:00:53.840 --> 01:00:55.800
<v Speaker 10>came out and the frame about the guy I just

1158
01:00:55.920 --> 01:00:59.480
<v Speaker 10>part of the bodies of what that the past? The

1159
01:00:59.559 --> 01:01:01.519
<v Speaker 10>three with you and you know it's in front of

1160
01:01:01.559 --> 01:01:04.320
<v Speaker 10>the president that I think that the SECDG is getting

1161
01:01:04.360 --> 01:01:07.280
<v Speaker 10>feedback from multiple people in the average program and the

1162
01:01:07.519 --> 01:01:10.760
<v Speaker 10>R program arise where literary incumbition incubation arab is as

1163
01:01:10.800 --> 01:01:13.840
<v Speaker 10>elebrated abilty incubation where by everybody who have to pay

1164
01:01:13.880 --> 01:01:15.760
<v Speaker 10>some amount of money, the then check your technology to

1165
01:01:15.880 --> 01:01:17.199
<v Speaker 10>check what you have and they give you a go.

1166
01:01:17.840 --> 01:01:20.119
<v Speaker 10>Just like those were the programs the RI where the

1167
01:01:20.159 --> 01:01:23.760
<v Speaker 10>programs at Bucha and and and and uh bush of

1168
01:01:23.800 --> 01:01:26.199
<v Speaker 10>them Lau and quid acts with them, Bushi you know.

1169
01:01:26.280 --> 01:01:29.719
<v Speaker 3>Passed the So as we speak, what is basically happening

1170
01:01:29.840 --> 01:01:31.199
<v Speaker 3>is it is in front of the presidency.

1171
01:01:31.400 --> 01:01:33.320
<v Speaker 10>But there's there are a lot of love being from governors,

1172
01:01:33.360 --> 01:01:35.880
<v Speaker 10>from senators, from minutes that everybody wants to get their

1173
01:01:35.920 --> 01:01:37.679
<v Speaker 10>license now because they don't see what's going on.

1174
01:01:38.039 --> 01:01:39.840
<v Speaker 3>But from things have to change. For example, the ten

1175
01:01:39.880 --> 01:01:41.559
<v Speaker 3>percent of the game is trash.

1176
01:01:41.920 --> 01:01:43.639
<v Speaker 10>Why would I pay you ten percent of my undred

1177
01:01:43.639 --> 01:01:45.440
<v Speaker 10>thousand dollars of my one million dollars.

1178
01:01:45.480 --> 01:01:48.440
<v Speaker 3>That's nonsense that should be worked upon, but nobody believe.

1179
01:01:48.679 --> 01:01:49.599
<v Speaker 3>You know, challenge that.

1180
01:01:49.679 --> 01:01:51.360
<v Speaker 10>When we were making nice about it, I had a

1181
01:01:51.440 --> 01:01:54.079
<v Speaker 10>television show the first ever in the history of Africa

1182
01:01:54.159 --> 01:01:56.840
<v Speaker 10>for one hour of got one year, not.

1183
01:01:57.000 --> 01:02:01.000
<v Speaker 3>Sponsored, paid for, fully paid for to the partneriate with

1184
01:02:01.159 --> 01:02:03.119
<v Speaker 3>per cent. Shout out to my friend that most perpenter

1185
01:02:03.239 --> 01:02:06.320
<v Speaker 3>on DSDD the first ever time in bitcntrol will be

1186
01:02:06.400 --> 01:02:09.199
<v Speaker 3>on DSD because one year we're announcing to not let

1187
01:02:09.480 --> 01:02:11.360
<v Speaker 3>this law be passed. Ten percent.

1188
01:02:11.480 --> 01:02:13.800
<v Speaker 10>Come, if you buy bitcoin and you dispose, you will

1189
01:02:13.840 --> 01:02:15.440
<v Speaker 10>pay ten percent of the Nigerian government.

1190
01:02:16.239 --> 01:02:17.800
<v Speaker 3>It's terrible. It's terrible.

1191
01:02:17.920 --> 01:02:20.880
<v Speaker 10>So what I'm saying is, unfortunately the law is already

1192
01:02:20.960 --> 01:02:23.039
<v Speaker 10>on the table of the president. Now we are hoping

1193
01:02:23.119 --> 01:02:26.559
<v Speaker 10>the president maybe sign or maybe it doesn't sign because

1194
01:02:26.599 --> 01:02:28.400
<v Speaker 10>we don't have full details of what is in there.

1195
01:02:28.519 --> 01:02:31.880
<v Speaker 3>But the love needs to be adjusted. For example, Nigel,

1196
01:02:31.880 --> 01:02:32.199
<v Speaker 3>we are just.

1197
01:02:32.320 --> 01:02:35.880
<v Speaker 10>To obviously, like what Apple Goal said, you know, putter

1198
01:02:36.000 --> 01:02:39.239
<v Speaker 10>to a bitcoin and see it as what is supposed

1199
01:02:39.280 --> 01:02:41.880
<v Speaker 10>to be. It's a finance asset. Is now a reserve

1200
01:02:41.920 --> 01:02:44.119
<v Speaker 10>asset of the United States of America. We don't even

1201
01:02:44.159 --> 01:02:46.360
<v Speaker 10>know the amount of gold that we have. Good is

1202
01:02:46.440 --> 01:02:48.840
<v Speaker 10>not finite, of course it's scarce, but we all know

1203
01:02:48.880 --> 01:02:51.159
<v Speaker 10>what good has been doing for the past ten years.

1204
01:02:51.280 --> 01:02:54.159
<v Speaker 10>They compareable to what bitcoin is doing. And then why

1205
01:02:54.199 --> 01:02:57.199
<v Speaker 10>can we even counter our gold? Come not even see

1206
01:02:57.199 --> 01:02:59.000
<v Speaker 10>the amount of good that is there already in God

1207
01:02:59.079 --> 01:03:00.519
<v Speaker 10>is telling you we don't know what the good is.

1208
01:03:00.719 --> 01:03:02.239
<v Speaker 16>So the entire whether they like it.

1209
01:03:02.320 --> 01:03:03.960
<v Speaker 3>Or not, yea they are.

1210
01:03:05.519 --> 01:03:09.320
<v Speaker 10>A subtler type of financial experim of Twitter day. So

1211
01:03:09.400 --> 01:03:11.440
<v Speaker 10>if it likes CDDC over there, who's going to use

1212
01:03:11.440 --> 01:03:14.719
<v Speaker 10>ther CBDC The dealer had died. That's why cn change

1213
01:03:14.760 --> 01:03:18.840
<v Speaker 10>is now moving forward because it's going to be most

1214
01:03:18.880 --> 01:03:22.320
<v Speaker 10>likely interweble with as many exchanges as possible. But remember

1215
01:03:22.519 --> 01:03:26.320
<v Speaker 10>the c eng NDC wrapped CBDs. But the only thing

1216
01:03:26.360 --> 01:03:28.880
<v Speaker 10>that will make it scale and to be able to

1217
01:03:28.960 --> 01:03:32.360
<v Speaker 10>function like USDC or USDC is if they allow me

1218
01:03:32.400 --> 01:03:33.119
<v Speaker 10>to open back down.

1219
01:03:33.159 --> 01:03:34.280
<v Speaker 16>But as I hear, it's.

1220
01:03:34.280 --> 01:03:37.119
<v Speaker 3>Only one of the two licensed exchanges. There's a lot

1221
01:03:37.239 --> 01:03:38.960
<v Speaker 3>lots of information that we have access to.

1222
01:03:39.280 --> 01:03:41.199
<v Speaker 10>But we hope like yours are listening and they're learning.

1223
01:03:41.239 --> 01:03:42.800
<v Speaker 10>I don't want to appeal with you, mister Calu.

1224
01:03:43.159 --> 01:03:45.880
<v Speaker 3>Please, your your space is the space as as educated

1225
01:03:45.920 --> 01:03:49.079
<v Speaker 3>the most ingeriors. I can stay statistically because then when.

1226
01:03:49.000 --> 01:03:51.119
<v Speaker 10>I don't come in, I ask people about you. I

1227
01:03:51.239 --> 01:03:55.360
<v Speaker 10>hear about you in Bucuy places, in middle class restaurants.

1228
01:03:55.679 --> 01:03:57.599
<v Speaker 10>People know you that you don't people know that they

1229
01:03:57.719 --> 01:03:57.920
<v Speaker 10>know you.

1230
01:03:57.920 --> 01:04:02.159
<v Speaker 3>Your worst fire around two more bitcoin BA pieces so

1231
01:04:02.440 --> 01:04:06.639
<v Speaker 3>that posterity will judge, so that the future we say yes.

1232
01:04:06.840 --> 01:04:09.320
<v Speaker 3>KLUM was a part of the people that directed Nigeria

1233
01:04:09.360 --> 01:04:11.760
<v Speaker 3>and Nigeria government and Nigeria people to the right, because

1234
01:04:11.800 --> 01:04:14.280
<v Speaker 3>it's you go pain all of us if the wrong

1235
01:04:14.320 --> 01:04:18.079
<v Speaker 3>people advice, for example, if you wrong people advising, and

1236
01:04:18.159 --> 01:04:21.199
<v Speaker 3>then it allows our dodge coin to be anything that

1237
01:04:21.280 --> 01:04:21.800
<v Speaker 3>I very bad.

1238
01:04:24.679 --> 01:04:27.400
<v Speaker 1>Actually, actly are you have you made?

1239
01:04:27.719 --> 01:04:27.920
<v Speaker 3>Are you?

1240
01:04:28.039 --> 01:04:28.599
<v Speaker 1>Are you okay?

1241
01:04:29.880 --> 01:04:32.519
<v Speaker 3>Yeah? No, that's the tie. So I think, yeah, I'm

1242
01:04:32.519 --> 01:04:33.320
<v Speaker 3>fine with that response.

1243
01:04:33.320 --> 01:04:35.800
<v Speaker 5>I think that as far as regarding Ninjil actually.

1244
01:04:35.599 --> 01:04:38.960
<v Speaker 3>St that up. But as as a star value, I'm

1245
01:04:39.079 --> 01:04:40.320
<v Speaker 3>quite positive with bed coin.

1246
01:04:40.400 --> 01:04:43.079
<v Speaker 13>If you're not involved with bitcoin here, it's it's worth

1247
01:04:43.360 --> 01:04:46.880
<v Speaker 13>exposing yourself a percentage of reportfolio to because if you

1248
01:04:46.960 --> 01:04:48.639
<v Speaker 13>can have you can go as far as safe and

1249
01:04:48.679 --> 01:04:50.800
<v Speaker 13>if you want to have a majority the patrol of bitcoin,

1250
01:04:51.400 --> 01:04:54.559
<v Speaker 13>it might be a good decision looking at five year horizon,

1251
01:04:55.079 --> 01:04:58.280
<v Speaker 13>But as a reserve, I'm consciously optimistic and you see

1252
01:04:58.360 --> 01:05:02.480
<v Speaker 13>the benefits or there you polical elements that play out,

1253
01:05:02.960 --> 01:05:05.440
<v Speaker 13>whether countries do fall in love or whether it goes

1254
01:05:05.519 --> 01:05:09.079
<v Speaker 13>as planned, but definitely because isn't going anywhere. But as

1255
01:05:09.119 --> 01:05:12.480
<v Speaker 13>a result, I'll watch and see how it plays our time.

1256
01:05:13.559 --> 01:05:16.599
<v Speaker 2>All right, thank you, I hope you just a few questions.

1257
01:05:16.760 --> 01:05:20.719
<v Speaker 2>I had heard about the I don't the what's it

1258
01:05:20.800 --> 01:05:24.760
<v Speaker 2>called stable CONC is Nigeria stable coin? That's something seconds doing.

1259
01:05:25.519 --> 01:05:28.280
<v Speaker 2>I will talk about that, Okay.

1260
01:05:29.599 --> 01:05:30.480
<v Speaker 3>N is for naira.

1261
01:05:30.719 --> 01:05:32.159
<v Speaker 1>Okay, So complex that is?

1262
01:05:32.719 --> 01:05:32.920
<v Speaker 3>That is?

1263
01:05:34.320 --> 01:05:35.880
<v Speaker 1>That is private sector, right.

1264
01:05:37.079 --> 01:05:38.320
<v Speaker 3>Absolutely private sector.

1265
01:05:38.360 --> 01:05:39.960
<v Speaker 10>But you know they kind of trusted guys because they

1266
01:05:40.000 --> 01:05:42.440
<v Speaker 10>are the ones in charge of A ANDD FORESTIC. So

1267
01:05:42.480 --> 01:05:45.880
<v Speaker 10>they've been teaching banks compliance, YadA, YadA, YadA, and they've

1268
01:05:45.880 --> 01:05:47.719
<v Speaker 10>been on it for more than four years. It's a

1269
01:05:47.880 --> 01:05:50.159
<v Speaker 10>tough road for him. And it's opposed to the one

1270
01:05:50.239 --> 01:05:51.599
<v Speaker 10>to one. We don't know what the fact is.

1271
01:05:52.559 --> 01:05:53.480
<v Speaker 1>What is one to one?

1272
01:05:53.800 --> 01:05:55.079
<v Speaker 3>What is what? What is it? What is it?

1273
01:05:55.119 --> 01:05:56.920
<v Speaker 1>What is the what was on the one side? What's

1274
01:05:57.039 --> 01:05:59.039
<v Speaker 1>the one on the one side is called dollar on ira?

1275
01:05:59.760 --> 01:06:00.679
<v Speaker 3>It's is Nyra?

1276
01:06:00.800 --> 01:06:06.400
<v Speaker 2>Actually, what's the other one? You say what you said

1277
01:06:06.440 --> 01:06:08.960
<v Speaker 2>one to one? What are the ones? That's ny what's

1278
01:06:09.000 --> 01:06:09.679
<v Speaker 2>the other one?

1279
01:06:10.760 --> 01:06:13.559
<v Speaker 10>It's Nyra to It's basically now one Narra to one

1280
01:06:13.639 --> 01:06:15.840
<v Speaker 10>c n GN you know what I mean? Yeah, So

1281
01:06:16.599 --> 01:06:19.440
<v Speaker 10>what's the U S d T business model? The U

1282
01:06:19.519 --> 01:06:21.840
<v Speaker 10>S T business model is obviously they buy us treasury.

1283
01:06:21.840 --> 01:06:25.280
<v Speaker 10>It's right to give them your own currency or your

1284
01:06:25.360 --> 01:06:27.480
<v Speaker 10>own dollar, and it gives you a synthetic dollar that.

1285
01:06:27.480 --> 01:06:28.159
<v Speaker 3>You can move around.

1286
01:06:28.320 --> 01:06:30.840
<v Speaker 10>You cannot move the US dollar around like the way

1287
01:06:30.880 --> 01:06:32.559
<v Speaker 10>you can move the U s DT around, for example,

1288
01:06:32.719 --> 01:06:35.760
<v Speaker 10>when the banks are closed. When US is closed, it

1289
01:06:36.119 --> 01:06:39.039
<v Speaker 10>will basically have to move to the strip swift's.

1290
01:06:38.639 --> 01:06:41.480
<v Speaker 3>Like the gremail of the financial landscape.

1291
01:06:41.679 --> 01:06:44.559
<v Speaker 10>Right, So what c n G would do is it

1292
01:06:44.639 --> 01:06:48.280
<v Speaker 10>will make Nira move like U s DT can move.

1293
01:06:48.360 --> 01:06:50.719
<v Speaker 10>You may not basically need U s d T again

1294
01:06:50.760 --> 01:06:53.159
<v Speaker 10>if like you have got package this thing, well, it

1295
01:06:53.320 --> 01:06:56.719
<v Speaker 10>is basically putting Narra everywhere. Nara will now be able

1296
01:06:56.760 --> 01:06:59.800
<v Speaker 10>to fly everywhere with c n G N like US,

1297
01:06:59.880 --> 01:07:02.760
<v Speaker 10>they cannot fly everywhere. You can go to Russia, they

1298
01:07:02.760 --> 01:07:05.000
<v Speaker 10>can go to Iran. Nobody can basically say so. Of

1299
01:07:05.119 --> 01:07:06.719
<v Speaker 10>course there will be that complaint.

1300
01:07:06.360 --> 01:07:06.440
<v Speaker 3>But.

1301
01:07:07.920 --> 01:07:11.320
<v Speaker 1>So so, but so this this and in Ira?

1302
01:07:11.559 --> 01:07:12.039
<v Speaker 3>What is the.

1303
01:07:14.480 --> 01:07:17.679
<v Speaker 1>What is the this c N the the the the

1304
01:07:17.920 --> 01:07:21.199
<v Speaker 1>stable Myra and the in Ira? What is the differentiation?

1305
01:07:22.440 --> 01:07:23.599
<v Speaker 3>Oh okay, thank you very much.

1306
01:07:23.880 --> 01:07:27.239
<v Speaker 10>You remember the inn Aire was approved and launched by

1307
01:07:27.760 --> 01:07:31.599
<v Speaker 10>the ex President and x and now Housted and of

1308
01:07:31.719 --> 01:07:37.159
<v Speaker 10>course behind bars from a central bank of respectively. It

1309
01:07:37.400 --> 01:07:42.199
<v Speaker 10>was a central bank digital currency in there itself built

1310
01:07:42.280 --> 01:07:45.519
<v Speaker 10>by a Caribbean company called the Its. They messed up

1311
01:07:45.599 --> 01:07:48.639
<v Speaker 10>because they did the same prelioculacy they always do. Added

1312
01:07:48.679 --> 01:07:52.400
<v Speaker 10>to out Interstella. Interstella is a company owned by a

1313
01:07:52.480 --> 01:07:55.320
<v Speaker 10>Cameroonian Canadian and in Nigeria and Canadia.

1314
01:07:55.599 --> 01:07:57.639
<v Speaker 3>And those are the guys really building around paths. If

1315
01:07:57.639 --> 01:07:59.760
<v Speaker 3>you heard about paths, they're really working with.

1316
01:08:00.960 --> 01:08:04.079
<v Speaker 10>Uh, that's the Pan African Emplements Settlements YadA, yah YadA,

1317
01:08:04.119 --> 01:08:07.559
<v Speaker 10>basically trying to take out MasterCard visa and make sure

1318
01:08:07.599 --> 01:08:10.480
<v Speaker 10>we're able to transact amongst ourselves in the GA aftera,

1319
01:08:10.800 --> 01:08:12.840
<v Speaker 10>et cetera, et cetera. If there underlying technology, because are

1320
01:08:12.840 --> 01:08:13.679
<v Speaker 10>the guys working on it.

1321
01:08:13.800 --> 01:08:15.960
<v Speaker 3>So the in air was a central ban.

1322
01:08:16.079 --> 01:08:16.760
<v Speaker 11>Digital courrencies is.

1323
01:08:16.840 --> 01:08:20.119
<v Speaker 3>Narrat, but the narrats is now on in distributed legia. Technology.

1324
01:08:20.199 --> 01:08:22.319
<v Speaker 3>Issue was supposed to be able to move around, but you.

1325
01:08:22.319 --> 01:08:24.960
<v Speaker 10>Know, because it is sovilars too because it's still the

1326
01:08:25.000 --> 01:08:28.000
<v Speaker 10>same inflationary era because it is not stable, because it

1327
01:08:28.159 --> 01:08:31.920
<v Speaker 10>is it was poorly designed and that's why it didn't

1328
01:08:31.920 --> 01:08:32.560
<v Speaker 10>go anywhere.

1329
01:08:32.680 --> 01:08:32.800
<v Speaker 3>Right.

1330
01:08:32.880 --> 01:08:36.399
<v Speaker 10>That's when now the NAC they see en GN it's

1331
01:08:36.520 --> 01:08:39.439
<v Speaker 10>a stable currency that is not a central band to

1332
01:08:39.439 --> 01:08:43.279
<v Speaker 10>digital currency, privately owned, not government owned, like the era.

1333
01:08:43.600 --> 01:08:46.800
<v Speaker 10>It is a wrapped fashion of the een eras, almost

1334
01:08:46.840 --> 01:08:49.720
<v Speaker 10>built on the same blood chain. But I stand to

1335
01:08:49.760 --> 01:08:53.960
<v Speaker 10>be corrected. It's supposed to be on the distributed legio technology,

1336
01:08:54.000 --> 01:08:55.920
<v Speaker 10>but I don't know on what part collec chain. But

1337
01:08:56.039 --> 01:08:59.199
<v Speaker 10>I've seen their kit up and I can see that

1338
01:08:59.560 --> 01:09:03.439
<v Speaker 10>they built for multiple chains, right, So I don't stand

1339
01:09:03.479 --> 01:09:03.840
<v Speaker 10>listing that.

1340
01:09:05.800 --> 01:09:08.119
<v Speaker 1>Let's leave that for now. I was just curious.

1341
01:09:08.199 --> 01:09:10.279
<v Speaker 2>Let's leave that for now. I'll just cure it. I

1342
01:09:10.760 --> 01:09:12.800
<v Speaker 2>think I know them, might talk to them. I just

1343
01:09:12.840 --> 01:09:16.199
<v Speaker 2>want to understand more from your perspective. Let me get

1344
01:09:16.199 --> 01:09:18.880
<v Speaker 2>to Galamn and then moray, you know, and then sort

1345
01:09:18.880 --> 01:09:20.520
<v Speaker 2>of get more questions in.

1346
01:09:20.880 --> 01:09:22.159
<v Speaker 1>But I do have a question for you.

1347
01:09:22.640 --> 01:09:26.039
<v Speaker 2>Someone is asking online that if I buy bitcoin, I

1348
01:09:26.680 --> 01:09:28.560
<v Speaker 2>don't own my own wallet because I do not have

1349
01:09:28.800 --> 01:09:30.920
<v Speaker 2>enough to buy my own not to own a wallet.

1350
01:09:31.880 --> 01:09:33.159
<v Speaker 1>Who owns that bitcoin?

1351
01:09:33.239 --> 01:09:33.960
<v Speaker 3>Do I own it?

1352
01:09:34.199 --> 01:09:36.520
<v Speaker 1>Or is it own? If that's what's asking.

1353
01:09:36.560 --> 01:09:39.000
<v Speaker 2>If I don't buy the bitcoin and starting the wallet,

1354
01:09:39.119 --> 01:09:40.960
<v Speaker 2>can I still say I own it? That's really question

1355
01:09:41.039 --> 01:09:41.560
<v Speaker 2>you guys asking?

1356
01:09:41.640 --> 01:09:44.720
<v Speaker 10>All Okay, thanks very much. I like this, so you

1357
01:09:44.760 --> 01:09:46.800
<v Speaker 10>shar lost your keys lost your coin. If you don't

1358
01:09:46.840 --> 01:09:48.600
<v Speaker 10>want the private key to the bitcoin, you don't want it.

1359
01:09:48.760 --> 01:09:51.000
<v Speaker 10>For example, your biscoined on coin based find us and

1360
01:09:51.159 --> 01:09:55.399
<v Speaker 10>not your big coin who So you basically just have

1361
01:09:55.560 --> 01:09:58.359
<v Speaker 10>the the public keys that you can use to move it.

1362
01:09:58.479 --> 01:10:01.640
<v Speaker 10>Right now, big coin, this you don't exist anywhere, right

1363
01:10:02.119 --> 01:10:03.359
<v Speaker 10>you just have the key sign that.

1364
01:10:03.560 --> 01:10:04.920
<v Speaker 3>It's more like you just have the key that you

1365
01:10:04.960 --> 01:10:06.800
<v Speaker 3>can used to open the door. You don't own the house.

1366
01:10:06.920 --> 01:10:08.479
<v Speaker 3>Nobody basically just own that bitcoin.

1367
01:10:08.520 --> 01:10:11.119
<v Speaker 10>You're also the key to the to be to be

1368
01:10:11.199 --> 01:10:14.680
<v Speaker 10>amount that you invested your your nyrap or your dollar

1369
01:10:14.800 --> 01:10:18.239
<v Speaker 10>or your currency for So, if you buy bitcoin and

1370
01:10:18.399 --> 01:10:20.720
<v Speaker 10>it is not on your own private wallets, basically you

1371
01:10:20.800 --> 01:10:23.319
<v Speaker 10>do not download the bitcoin blockchain and you're not running

1372
01:10:23.319 --> 01:10:26.119
<v Speaker 10>a bitcoin note, everybody go and check what a briitcoin

1373
01:10:26.199 --> 01:10:28.960
<v Speaker 10>note that everybody gonna check what the bitcoin note is.

1374
01:10:29.000 --> 01:10:31.439
<v Speaker 3>If you're not running a bridge coin mode, then you're

1375
01:10:31.479 --> 01:10:31.880
<v Speaker 3>in trouble.

1376
01:10:31.960 --> 01:10:37.399
<v Speaker 2>The bridge condes I can't afford it, so he knows

1377
01:10:37.439 --> 01:10:39.359
<v Speaker 2>that what he said, he cannot afford the wallet.

1378
01:10:39.439 --> 01:10:41.600
<v Speaker 1>So it doesn't mean you should not buy till you

1379
01:10:41.720 --> 01:10:43.000
<v Speaker 1>get money for the water.

1380
01:10:43.479 --> 01:10:45.119
<v Speaker 10>That's that's the scam thing that is going on in

1381
01:10:45.199 --> 01:10:47.000
<v Speaker 10>that you're now due to lack of education. And that's

1382
01:10:47.000 --> 01:10:48.840
<v Speaker 10>what I'm telling you. You have the biggest person. I

1383
01:10:48.960 --> 01:10:52.239
<v Speaker 10>take bitcoin every day. That's my mantra on Africa. Bitcoin

1384
01:10:52.279 --> 01:10:56.000
<v Speaker 10>spaces Monday to Friday ninety the name anybody that cares

1385
01:10:56.039 --> 01:10:58.439
<v Speaker 10>follow before the susu. But listen, there is nothing like

1386
01:10:58.479 --> 01:11:00.800
<v Speaker 10>buying the wats wallet is free or of what's the equally,

1387
01:11:00.880 --> 01:11:04.119
<v Speaker 10>you can't set off coin based on your laptop. You

1388
01:11:04.239 --> 01:11:06.760
<v Speaker 10>can just download the big cooin blockchain less than one

1389
01:11:06.800 --> 01:11:09.119
<v Speaker 10>ter about just about seven or something cheek and once

1390
01:11:09.159 --> 01:11:11.640
<v Speaker 10>we download it, I feel syntax here around there, boom.

1391
01:11:12.279 --> 01:11:14.800
<v Speaker 10>You are now the blockchain. You will see everybody's transaction.

1392
01:11:14.920 --> 01:11:17.039
<v Speaker 10>You may not just know money transaction. You see a

1393
01:11:17.119 --> 01:11:19.199
<v Speaker 10>drum transaction, You see my cellar transaction.

1394
01:11:19.399 --> 01:11:21.600
<v Speaker 3>You just don't know that it's their transaction. You can connect.

1395
01:11:21.760 --> 01:11:24.159
<v Speaker 10>You cannot even use its consuls team because they most

1396
01:11:24.199 --> 01:11:24.800
<v Speaker 10>likely connect you.

1397
01:11:24.840 --> 01:11:27.119
<v Speaker 3>And it's no enforcement that's looking for you. You're in trouble.

1398
01:11:27.279 --> 01:11:28.960
<v Speaker 3>So anybody telling you talk about pip money for what

1399
01:11:29.039 --> 01:11:30.760
<v Speaker 3>it's calling you. It is happening in Nigeria.

1400
01:11:30.800 --> 01:11:34.439
<v Speaker 10>I told you see your divers I remember some time

1401
01:11:34.479 --> 01:11:36.800
<v Speaker 10>abou killitchy, and I told you my technology, what's up?

1402
01:11:36.880 --> 01:11:40.000
<v Speaker 10>Why do you expose the privacy of your users? Because

1403
01:11:40.000 --> 01:11:41.920
<v Speaker 10>I use your divers to convert this point to cash.

1404
01:11:42.159 --> 01:11:44.079
<v Speaker 10>And then I realized there's the same way that goes

1405
01:11:44.199 --> 01:11:46.560
<v Speaker 10>with INTI into almost everybody. And it was like, you

1406
01:11:46.680 --> 01:11:48.119
<v Speaker 10>know how much I paid for one lets?

1407
01:11:48.800 --> 01:11:49.000
<v Speaker 3>Yeah?

1408
01:11:49.119 --> 01:11:51.279
<v Speaker 10>Yeah, yeah, yeah yeah that we cannot be changing this.

1409
01:11:51.359 --> 01:11:53.039
<v Speaker 10>I said, oh my god, there's coming you it. You

1410
01:11:53.119 --> 01:11:55.600
<v Speaker 10>want to tell your people to do their research. No

1411
01:11:55.760 --> 01:11:58.079
<v Speaker 10>body sells were led to you, so and all those

1412
01:11:58.159 --> 01:12:00.479
<v Speaker 10>things are just because the information is not out there.

1413
01:12:00.680 --> 01:12:03.720
<v Speaker 10>Education is key. Go and do your research. Bitchcoin wallets

1414
01:12:03.760 --> 01:12:05.960
<v Speaker 10>have free. You just need to be able to download

1415
01:12:05.960 --> 01:12:08.439
<v Speaker 10>the pascolar apps that you trust, which I cannot endorse

1416
01:12:08.520 --> 01:12:11.039
<v Speaker 10>any for you right now, and then whatever you put

1417
01:12:11.119 --> 01:12:13.520
<v Speaker 10>inside of it. If you have the private keys on

1418
01:12:13.680 --> 01:12:16.640
<v Speaker 10>the mornings or twelve word or twenty four ward six

1419
01:12:16.720 --> 01:12:19.359
<v Speaker 10>phrase like they usually call it, then you are lucky.

1420
01:12:19.399 --> 01:12:22.119
<v Speaker 10>You keep that discoin for yourself for life. Bitcoin basically

1421
01:12:22.199 --> 01:12:24.600
<v Speaker 10>keeps the opportunity to be your own central bank, not

1422
01:12:24.760 --> 01:12:25.800
<v Speaker 10>your own bank.

1423
01:12:26.279 --> 01:12:27.279
<v Speaker 3>Not your own bank.

1424
01:12:27.560 --> 01:12:30.399
<v Speaker 10>Once you have bitcoin and you hold it in private

1425
01:12:30.520 --> 01:12:32.800
<v Speaker 10>key wallets or cold storage, it means that you are

1426
01:12:32.880 --> 01:12:33.640
<v Speaker 10>now your own coin.

1427
01:12:33.720 --> 01:12:33.960
<v Speaker 3>BIS.

1428
01:12:34.000 --> 01:12:36.840
<v Speaker 10>You don't need c Z or finance, you don't need

1429
01:12:37.119 --> 01:12:39.800
<v Speaker 10>strategy bitch point of the United States of America. But no,

1430
01:12:40.079 --> 01:12:42.119
<v Speaker 10>if it is on my company, but they have if

1431
01:12:42.159 --> 01:12:44.960
<v Speaker 10>it is on anybody's company BRA, so nobody you get

1432
01:12:45.039 --> 01:12:45.319
<v Speaker 10>that big.

1433
01:12:45.479 --> 01:12:45.640
<v Speaker 1>Yeah.

1434
01:12:45.840 --> 01:12:49.159
<v Speaker 2>So the question is I hear that, But the question is,

1435
01:12:49.239 --> 01:12:52.239
<v Speaker 2>so can I can't afford the wallet, but I can

1436
01:12:52.319 --> 01:12:55.159
<v Speaker 2>still buy I mean, I hear what you're saying. But

1437
01:12:55.239 --> 01:12:57.880
<v Speaker 2>when I buy stocks, if I buy stocks in America,

1438
01:12:57.920 --> 01:12:59.920
<v Speaker 2>it's the same thing. That's the central cost Today in

1439
01:13:00.079 --> 01:13:01.640
<v Speaker 2>night you are the same thing, and buy a stock

1440
01:13:02.159 --> 01:13:05.199
<v Speaker 2>central costing. Know, whatever says is not my stock is

1441
01:13:05.239 --> 01:13:07.079
<v Speaker 2>in central crossing. Why is it not the same thing.

1442
01:13:07.119 --> 01:13:10.359
<v Speaker 2>Why can't it be in central isn't isn't the wallets centers?

1443
01:13:10.720 --> 01:13:13.600
<v Speaker 3>It's possible. So that's basically you trusted the platform, right.

1444
01:13:13.680 --> 01:13:16.640
<v Speaker 3>I don't just want to endorse the department. I mean

1445
01:13:16.680 --> 01:13:18.239
<v Speaker 3>we're rebuilding our own platform also.

1446
01:13:18.319 --> 01:13:22.000
<v Speaker 10>But basically, of course, the centralized platforms and the platform

1447
01:13:22.039 --> 01:13:24.800
<v Speaker 10>that runs scrow p t P bit going to cash

1448
01:13:24.920 --> 01:13:27.840
<v Speaker 10>cash back to the bitcoin. You trust them if they

1449
01:13:27.920 --> 01:13:32.359
<v Speaker 10>have the AML controls, the anti terrorism financial controls and

1450
01:13:32.720 --> 01:13:35.000
<v Speaker 10>and like somebody said, he I forgot to the person that.

1451
01:13:35.079 --> 01:13:37.279
<v Speaker 3>Said the type of people that I invested in need

1452
01:13:37.600 --> 01:13:41.039
<v Speaker 3>or do. Don't trust the investors, but if they if

1453
01:13:41.079 --> 01:13:43.920
<v Speaker 3>they have the track record of that you can verify.

1454
01:13:44.000 --> 01:13:45.720
<v Speaker 10>We say something in bit for my community, do not

1455
01:13:45.800 --> 01:13:49.359
<v Speaker 10>trust very five. If you can verify them as these

1456
01:13:49.359 --> 01:13:52.640
<v Speaker 10>people are trustworthy, their liquidity is powerful, then you leave

1457
01:13:52.640 --> 01:13:55.119
<v Speaker 10>your bitcoin dame. You understand, But you start to buy

1458
01:13:55.199 --> 01:13:57.079
<v Speaker 10>the land or your house and you're leaving the keys

1459
01:13:57.119 --> 01:13:58.840
<v Speaker 10>for the documents of that house and that land with

1460
01:13:58.960 --> 01:14:01.479
<v Speaker 10>your moneyla that it was from or want it from,

1461
01:14:02.000 --> 01:14:02.720
<v Speaker 10>you trust them.

1462
01:14:05.520 --> 01:14:09.880
<v Speaker 12>I think I think we you to also understand why

1463
01:14:10.039 --> 01:14:14.239
<v Speaker 12>some people don't want to own bitcoin personally. So if

1464
01:14:14.279 --> 01:14:16.840
<v Speaker 12>you look at what black crop did, look at what

1465
01:14:17.000 --> 01:14:20.680
<v Speaker 12>black crop did, you don't really need to have the

1466
01:14:20.920 --> 01:14:23.640
<v Speaker 12>big money to get go to bitcoin. You know the

1467
01:14:23.720 --> 01:14:27.920
<v Speaker 12>contrac does that. It is so that's why you love

1468
01:14:28.000 --> 01:14:29.640
<v Speaker 12>Americans feel comfortable around it.

1469
01:14:30.000 --> 01:14:30.840
<v Speaker 3>And they feel safe.

1470
01:14:31.359 --> 01:14:32.800
<v Speaker 11>Yes, it's not.

1471
01:14:35.039 --> 01:14:38.600
<v Speaker 3>That mantra, but I think it's all about your objective.

1472
01:14:39.079 --> 01:14:41.680
<v Speaker 12>Do you really want to just track the assets or

1473
01:14:41.720 --> 01:14:43.720
<v Speaker 12>you're looking at it from and the point do you

1474
01:14:43.800 --> 01:14:46.640
<v Speaker 12>want to own personalized tipta. You want to have personal

1475
01:14:47.119 --> 01:14:49.439
<v Speaker 12>position of it, and you have the understanding.

1476
01:14:49.039 --> 01:14:53.000
<v Speaker 10>Of how the bitcoin works personally, because don't forget that

1477
01:14:53.439 --> 01:14:57.000
<v Speaker 10>these people have lost their over a year. There was

1478
01:14:57.159 --> 01:14:59.720
<v Speaker 10>a guy that was kidnapped the Sea of Lecture, you know,

1479
01:15:00.239 --> 01:15:04.439
<v Speaker 10>and he had to do the port was like he

1480
01:15:04.479 --> 01:15:05.880
<v Speaker 10>actual dropped from bit coin.

1481
01:15:06.000 --> 01:15:09.239
<v Speaker 20>So yeah, he has his own bisk So if he

1482
01:15:09.239 --> 01:15:10.439
<v Speaker 20>has understand about.

1483
01:15:10.479 --> 01:15:13.640
<v Speaker 3>Bitcoin, yeah you can. But if he wants to, he

1484
01:15:13.720 --> 01:15:15.680
<v Speaker 3>can go through it all the.

1485
01:15:16.119 --> 01:15:17.439
<v Speaker 11>Buying black rock.

1486
01:15:19.039 --> 01:15:19.640
<v Speaker 3>What you'll find.

1487
01:15:20.159 --> 01:15:22.880
<v Speaker 2>So so final question is that I can buy bitcoin

1488
01:15:22.960 --> 01:15:25.239
<v Speaker 2>without putting on the world and I'm okay, that's that's

1489
01:15:25.279 --> 01:15:25.880
<v Speaker 2>what I'm getting.

1490
01:15:26.039 --> 01:15:26.920
<v Speaker 1>Is it okay to do that?

1491
01:15:27.880 --> 01:15:32.239
<v Speaker 3>Okay, it's okay. I'll tell you the fact the bitcoin

1492
01:15:32.319 --> 01:15:33.359
<v Speaker 3>on black rock is here.

1493
01:15:33.399 --> 01:15:36.479
<v Speaker 10>But that level approved if he acted, there's that all

1494
01:15:36.600 --> 01:15:39.279
<v Speaker 10>of them bit white and not your bitcoin of it

1495
01:15:39.319 --> 01:15:40.079
<v Speaker 10>makes a lot of sense.

1496
01:15:40.399 --> 01:15:42.920
<v Speaker 3>Yeah, but he had the point.

1497
01:15:43.239 --> 01:15:45.520
<v Speaker 2>The boy is asking, I know, I have to have

1498
01:15:45.680 --> 01:15:48.000
<v Speaker 2>a wallet I cannot afford. Are you saying it must

1499
01:15:48.079 --> 01:15:50.359
<v Speaker 2>affording for he invests? That's really wor.

1500
01:15:52.359 --> 01:15:55.239
<v Speaker 3>Bib means that there is a cock at flash to okay,

1501
01:15:55.920 --> 01:15:57.199
<v Speaker 3>So question there.

1502
01:15:57.159 --> 01:16:01.279
<v Speaker 10>Is no cock at Okay, black Rock, Ice Sars Bitcoin

1503
01:16:01.359 --> 01:16:07.640
<v Speaker 10>Trust eat their responsive fee of several point two five annuality. However,

1504
01:16:07.880 --> 01:16:10.279
<v Speaker 10>there is also a propostion on our fee Struck Chuck,

1505
01:16:10.439 --> 01:16:13.159
<v Speaker 10>that you're placed into the twelve months after the ETF.

1506
01:16:13.399 --> 01:16:15.680
<v Speaker 10>So I mean black Rock will charge you what you

1507
01:16:15.760 --> 01:16:21.560
<v Speaker 10>can ordinarily don't get charged. And many people in the world,

1508
01:16:21.960 --> 01:16:23.560
<v Speaker 10>you know, don't want to go to the stress of

1509
01:16:23.920 --> 01:16:25.600
<v Speaker 10>such and development. They don't want to go to the

1510
01:16:25.640 --> 01:16:28.359
<v Speaker 10>stress of getting that education. But someone like you on

1511
01:16:28.479 --> 01:16:31.920
<v Speaker 10>your space unadoptrated on fintimes, education is what we should give,

1512
01:16:32.039 --> 01:16:33.720
<v Speaker 10>not the one that were robbing people's head.

1513
01:16:33.960 --> 01:16:36.159
<v Speaker 3>Of course black Rock is good, you.

1514
01:16:36.199 --> 01:16:38.319
<v Speaker 10>Know, I'm not saying they're bad. But go ahead, look

1515
01:16:38.359 --> 01:16:41.319
<v Speaker 10>at to see your black Rock how you became a bitcoiner.

1516
01:16:41.399 --> 01:16:43.239
<v Speaker 10>For more than ten years, this man has talked down

1517
01:16:43.319 --> 01:16:46.159
<v Speaker 10>on bitcoin. Loarr, I think has talk down on bitcoin

1518
01:16:46.199 --> 01:16:49.199
<v Speaker 10>and see bitcoin is trashed. But he realize that black

1519
01:16:49.279 --> 01:16:51.520
<v Speaker 10>Rock will fail if they don't have to buy bitcoin.

1520
01:16:51.560 --> 01:16:53.479
<v Speaker 3>So what is doing now is fine.

1521
01:16:53.520 --> 01:16:55.880
<v Speaker 10>As much bit one as possible, and they're selling pay

1522
01:16:55.960 --> 01:16:56.479
<v Speaker 10>packs with you.

1523
01:16:56.840 --> 01:16:59.600
<v Speaker 3>What you have on black Rock is staying. I hear,

1524
01:17:00.279 --> 01:17:00.680
<v Speaker 3>I hear you.

1525
01:17:02.520 --> 01:17:06.000
<v Speaker 1>Let's learn go ahead, Yeah, I think it's missing, but.

1526
01:17:06.079 --> 01:17:06.680
<v Speaker 3>I think it's fine.

1527
01:17:06.720 --> 01:17:09.199
<v Speaker 12>But there are different options plending on your oppification.

1528
01:17:09.680 --> 01:17:10.640
<v Speaker 3>We all know that they are.

1529
01:17:10.640 --> 01:17:14.359
<v Speaker 12>Advantisis advantage is what's the investors on the plant?

1530
01:17:14.560 --> 01:17:19.039
<v Speaker 10>Is that Ye Blackrock your doing to have exposure and

1531
01:17:19.119 --> 01:17:22.319
<v Speaker 10>bitcoin without physically and dealing with.

1532
01:17:22.359 --> 01:17:25.920
<v Speaker 12>The complexity of developing technology, simple as that, and that's

1533
01:17:26.159 --> 01:17:29.439
<v Speaker 12>why they've been able to get in more than five

1534
01:17:29.520 --> 01:17:32.279
<v Speaker 12>billion going as under as a monument.

1535
01:17:33.199 --> 01:17:36.039
<v Speaker 10>So I think the question should go back to this pussification.

1536
01:17:36.319 --> 01:17:39.880
<v Speaker 10>Somebody is saying that one has advantage that nobody's that.

1537
01:17:40.199 --> 01:17:42.239
<v Speaker 10>I think it all posed down to the PST because

1538
01:17:42.279 --> 01:17:46.399
<v Speaker 10>in America, definitely you can go through black Rock using.

1539
01:17:46.199 --> 01:17:49.800
<v Speaker 3>An Injuria, well, he has to go through during I

1540
01:17:49.880 --> 01:17:52.600
<v Speaker 3>think should go through that, and I get it. And

1541
01:17:52.800 --> 01:17:55.319
<v Speaker 3>if he has that, he can he can relearn to

1542
01:17:55.439 --> 01:17:58.560
<v Speaker 3>you personal with as simple. I don't think it's that complicated.

1543
01:17:58.159 --> 01:18:00.520
<v Speaker 1>Because okay, perfect, let's get to hoping.

1544
01:18:00.600 --> 01:18:04.640
<v Speaker 2>So got Gala Man, that we've got Moriah, then we'll

1545
01:18:04.920 --> 01:18:08.359
<v Speaker 2>take me the crypto just as that Gala Man or

1546
01:18:08.439 --> 01:18:09.199
<v Speaker 2>Louis show, and.

1547
01:18:09.199 --> 01:18:10.720
<v Speaker 1>Then the crypto you gotta flop.

1548
01:18:10.720 --> 01:18:19.880
<v Speaker 2>Go ahead, man, Okay, it's not Let's take a Louis

1549
01:18:20.399 --> 01:18:24.840
<v Speaker 2>on the Louis shall Hi researching right now about the

1550
01:18:24.920 --> 01:18:25.600
<v Speaker 2>future of money.

1551
01:18:25.880 --> 01:18:27.800
<v Speaker 1>Very interesting. Can you speak.

1552
01:18:30.199 --> 01:18:34.119
<v Speaker 2>Show on going once, going twice. Let's take the Crypto Preacher.

1553
01:18:35.159 --> 01:18:37.720
<v Speaker 2>The Crypto Preacher, your handle is up, go ahead.

1554
01:18:39.079 --> 01:18:43.479
<v Speaker 3>Thank you very much Calu for your opportunity. Shout out

1555
01:18:43.479 --> 01:18:45.239
<v Speaker 3>to him one and uh.

1556
01:18:45.800 --> 01:18:50.239
<v Speaker 21>In the house, Odia, the show parts and a couple

1557
01:18:50.239 --> 01:18:52.560
<v Speaker 21>of other guys. Sorry if I don't mention your name,

1558
01:18:53.600 --> 01:18:55.920
<v Speaker 21>I want to ask the question. I also want to

1559
01:18:55.960 --> 01:19:01.760
<v Speaker 21>know coming I think talking about the gality of about crypto,

1560
01:19:02.359 --> 01:19:04.720
<v Speaker 21>A couple of things have been said. I we don't

1561
01:19:04.760 --> 01:19:08.680
<v Speaker 21>think cryptos legalera. This is why I said so, because

1562
01:19:09.279 --> 01:19:12.239
<v Speaker 21>the industry nager has the really hostile plasure of the

1563
01:19:12.279 --> 01:19:14.720
<v Speaker 21>fact that professional license have.

1564
01:19:14.720 --> 01:19:16.239
<v Speaker 3>Been getting to to assists platform.

1565
01:19:16.720 --> 01:19:19.960
<v Speaker 21>Why I still don't see the need why these estage

1566
01:19:19.960 --> 01:19:25.159
<v Speaker 21>platforms You can't type them on, You can't type of

1567
01:19:25.279 --> 01:19:28.600
<v Speaker 21>your address and actually assess them and doing transactions with them.

1568
01:19:28.880 --> 01:19:29.439
<v Speaker 3>You can try that.

1569
01:19:29.600 --> 01:19:31.680
<v Speaker 5>Do you think that I'm not being sincere with some

1570
01:19:31.800 --> 01:19:32.520
<v Speaker 5>of these information?

1571
01:19:33.000 --> 01:19:37.079
<v Speaker 21>No, no essage platform in Nigeria does transaction.

1572
01:19:38.520 --> 01:19:39.119
<v Speaker 3>Seamlessly.

1573
01:19:39.319 --> 01:19:42.159
<v Speaker 21>All of these, all of the addresses, all of them,

1574
01:19:42.319 --> 01:19:45.439
<v Speaker 21>they have been blocked by agents of government. So we

1575
01:19:45.560 --> 01:19:50.159
<v Speaker 21>cannot have SEC say something CBS some of that in

1576
01:19:50.279 --> 01:19:53.800
<v Speaker 21>the SEC black man cryptocurrency as a means for.

1577
01:19:55.279 --> 01:19:57.439
<v Speaker 3>Criminals to do transaction.

1578
01:19:57.640 --> 01:20:00.319
<v Speaker 21>It's more like saying that someone buys in land and

1579
01:20:00.720 --> 01:20:03.920
<v Speaker 21>yeah from profer the proceeds of front and they blame

1580
01:20:04.000 --> 01:20:04.560
<v Speaker 21>their heir.

1581
01:20:04.439 --> 01:20:06.880
<v Speaker 3>For it, you know, so that there's something else. I

1582
01:20:06.960 --> 01:20:07.840
<v Speaker 3>really also want to.

1583
01:20:07.880 --> 01:20:13.600
<v Speaker 21>Say, uh as Fords if if we're saying that all

1584
01:20:13.680 --> 01:20:17.479
<v Speaker 21>this well in crypto in Nigeria, how come a lot

1585
01:20:17.600 --> 01:20:22.319
<v Speaker 21>of platforms actually right now I'm blocking nigeriams from assessing

1586
01:20:22.399 --> 01:20:24.239
<v Speaker 21>their platforms. I would truly this is open to a

1587
01:20:24.319 --> 01:20:27.760
<v Speaker 21>lot of to those off on stage, because if you

1588
01:20:27.840 --> 01:20:30.520
<v Speaker 21>do back a commasion on an article that said that

1589
01:20:31.199 --> 01:20:33.800
<v Speaker 21>Nigerians have been blocked from air jobs and a couple

1590
01:20:33.840 --> 01:20:36.840
<v Speaker 21>of opportunities, even myself in a crisis, there's some opportunities

1591
01:20:36.920 --> 01:20:39.960
<v Speaker 21>to do business and job that all of the side

1592
01:20:39.960 --> 01:20:42.680
<v Speaker 21>that has to do with crypto has been blocked from nigerams.

1593
01:20:43.079 --> 01:20:46.680
<v Speaker 5>So is crypto really legal in Nigeria?

1594
01:20:47.479 --> 01:20:47.760
<v Speaker 3>Thank you?

1595
01:20:48.439 --> 01:20:49.560
<v Speaker 1>Okay, that's a good question.

1596
01:20:50.479 --> 01:20:55.039
<v Speaker 2>He's I mean, we're still on the last sanction where

1597
01:20:56.079 --> 01:20:58.720
<v Speaker 2>you yeah, yeah, we are very positive about this thing.

1598
01:20:58.760 --> 01:21:02.760
<v Speaker 2>But with all our suppartment after India is not right,

1599
01:21:02.840 --> 01:21:07.720
<v Speaker 2>and the whole world after India adoptions n ninet second adopted, right,

1600
01:21:08.359 --> 01:21:09.640
<v Speaker 2>So why they're still blocking us?

1601
01:21:10.800 --> 01:21:13.359
<v Speaker 10>Okay, So I want to tell you this, look that's

1602
01:21:13.399 --> 01:21:16.119
<v Speaker 10>on the surface, I understand what Crypto Picture is talking about.

1603
01:21:16.199 --> 01:21:17.079
<v Speaker 3>That's my guy right there.

1604
01:21:17.960 --> 01:21:22.960
<v Speaker 10>And Crypto Preachure is a social commentator and a cryptocurrency analyst.

1605
01:21:23.239 --> 01:21:26.119
<v Speaker 3>He's not invested in this space like I am. Right.

1606
01:21:26.279 --> 01:21:29.399
<v Speaker 10>I educate people, I teach people, I run the business,

1607
01:21:29.800 --> 01:21:33.319
<v Speaker 10>I move around with the regulators, I move around the

1608
01:21:33.399 --> 01:21:37.680
<v Speaker 10>capital market. So Crypto Preature lack some information that I

1609
01:21:37.800 --> 01:21:40.199
<v Speaker 10>have shout out to Crypto Creature and his broad knowledge

1610
01:21:40.239 --> 01:21:42.239
<v Speaker 10>of the space, one of the persons who have been

1611
01:21:42.239 --> 01:21:44.680
<v Speaker 10>advocating for the positive things to basically happen. You can

1612
01:21:44.760 --> 01:21:47.239
<v Speaker 10>find a catching my channels to do. And I'm telling

1613
01:21:47.279 --> 01:21:50.279
<v Speaker 10>you this, most of those signators and ministers, all of

1614
01:21:50.319 --> 01:21:53.239
<v Speaker 10>them are already gave inc If not, why would this

1615
01:21:53.399 --> 01:21:56.239
<v Speaker 10>Director General of the SEC right.

1616
01:21:56.119 --> 01:21:57.119
<v Speaker 3>This this isn't bits quite.

1617
01:21:57.239 --> 01:21:59.720
<v Speaker 22>If not, why would the General Director General or the

1618
01:22:00.399 --> 01:22:03.039
<v Speaker 22>attend a bitcoin conference in Nigeria.

1619
01:22:02.840 --> 01:22:05.720
<v Speaker 10>And spoke for text is something minutes you can just

1620
01:22:05.920 --> 01:22:10.039
<v Speaker 10>check my job. It's coin of on my profile and good.

1621
01:22:10.119 --> 01:22:12.199
<v Speaker 1>Yeah, but sure he's saying the fact.

1622
01:22:12.920 --> 01:22:15.399
<v Speaker 2>Yeah, but he's saying that if as an Nigeria you're

1623
01:22:15.439 --> 01:22:18.039
<v Speaker 2>not getting tap into the global market, go up being

1624
01:22:18.119 --> 01:22:18.640
<v Speaker 2>blocked out.

1625
01:22:18.960 --> 01:22:20.800
<v Speaker 3>So it's only paying us true.

1626
01:22:20.960 --> 01:22:23.800
<v Speaker 10>Yeah, For I understand what I'm doing here is to

1627
01:22:23.880 --> 01:22:26.319
<v Speaker 10>wake all Nigerias up and don't let all the YadA,

1628
01:22:26.399 --> 01:22:28.520
<v Speaker 10>yeah and YadA of our country, you know.

1629
01:22:28.720 --> 01:22:31.279
<v Speaker 3>Put you behind and make you miss this train. That

1630
01:22:31.439 --> 01:22:33.560
<v Speaker 3>is how we have lost the opportunity for sixteen years.

1631
01:22:34.159 --> 01:22:36.600
<v Speaker 11>So I know, I know what's interpretizing.

1632
01:22:36.800 --> 01:22:37.720
<v Speaker 3>It makes sense.

1633
01:22:37.960 --> 01:22:40.640
<v Speaker 10>But while we're doing the one start is already greater

1634
01:22:40.720 --> 01:22:43.960
<v Speaker 10>than naira. Okay, I can t'g you that the son

1635
01:22:44.000 --> 01:22:46.119
<v Speaker 10>of the president. I don't just want to fascinate some

1636
01:22:46.239 --> 01:22:49.039
<v Speaker 10>things here already have people paying this office lining up

1637
01:22:49.319 --> 01:22:51.000
<v Speaker 10>document and proposers so that if.

1638
01:22:50.960 --> 01:22:51.640
<v Speaker 3>They can tell the.

1639
01:22:52.000 --> 01:22:56.319
<v Speaker 10>SECDG to place you know faith say for them for licensing,

1640
01:22:56.520 --> 01:22:59.800
<v Speaker 10>and the CDG is somebody who doesn't want to corrupt

1641
01:22:59.840 --> 01:23:01.720
<v Speaker 10>is its office.

1642
01:23:01.880 --> 01:23:03.199
<v Speaker 11>So it basically it's trying.

1643
01:23:03.039 --> 01:23:04.840
<v Speaker 10>To say you only get this license from merit, but

1644
01:23:05.000 --> 01:23:06.920
<v Speaker 10>who are who they give license press? If it's not

1645
01:23:07.039 --> 01:23:10.760
<v Speaker 10>giving Peacekoin only companies licensed press, so it's going to

1646
01:23:10.800 --> 01:23:14.520
<v Speaker 10>be politicized. They know what they're doing. But if you

1647
01:23:14.600 --> 01:23:17.279
<v Speaker 10>look at it very well, how are they processing money?

1648
01:23:17.439 --> 01:23:19.319
<v Speaker 3>Let me tell you. Go to bitcoin dot com.

1649
01:23:19.560 --> 01:23:21.359
<v Speaker 10>And see how they're processing wass You can buy it's

1650
01:23:21.359 --> 01:23:23.159
<v Speaker 10>going with Narra, go to your look at you can

1651
01:23:23.199 --> 01:23:24.079
<v Speaker 10>buy it's going with Narra.

1652
01:23:24.359 --> 01:23:24.960
<v Speaker 3>Go to Strike.

1653
01:23:25.119 --> 01:23:27.760
<v Speaker 10>You can buy discoring with Erra. Most about the international accomplished.

1654
01:23:27.840 --> 01:23:29.319
<v Speaker 10>You can back this cover with NIRA. And you said,

1655
01:23:29.359 --> 01:23:31.159
<v Speaker 10>despite is not lega. It doesn't have to be lega.

1656
01:23:31.279 --> 01:23:34.039
<v Speaker 10>It is already in our Finance Act the government. We

1657
01:23:34.119 --> 01:23:35.159
<v Speaker 10>collect them decaid.

1658
01:23:34.960 --> 01:23:38.840
<v Speaker 3>If you dispose of your bitcoin, wake up, everybody. That's

1659
01:23:38.880 --> 01:23:39.520
<v Speaker 3>what I am saying.

1660
01:23:40.000 --> 01:23:40.239
<v Speaker 23>It is.

1661
01:23:42.720 --> 01:23:44.239
<v Speaker 11>He kind of different.

1662
01:23:45.840 --> 01:23:47.239
<v Speaker 3>Every outside the question.

1663
01:23:48.920 --> 01:23:52.119
<v Speaker 5>If you look at the context flash.

1664
01:23:51.760 --> 01:23:56.399
<v Speaker 12>As in the space when present campaign, I make so

1665
01:23:56.479 --> 01:24:00.800
<v Speaker 12>many promises about crypto integration and this didn't come to

1666
01:24:00.960 --> 01:24:05.560
<v Speaker 12>play because they now had a rapid devaluation and at

1667
01:24:05.640 --> 01:24:08.720
<v Speaker 12>some point they were looking for skapgood and unfortunately the

1668
01:24:08.960 --> 01:24:11.920
<v Speaker 12>crypto space was used as escapegoat and.

1669
01:24:12.079 --> 01:24:13.840
<v Speaker 3>You know what happened to binance and different things.

1670
01:24:13.880 --> 01:24:17.520
<v Speaker 12>The realities that like I said, caluside this space. I said,

1671
01:24:17.600 --> 01:24:20.359
<v Speaker 12>based on the information I have and what I've seeing

1672
01:24:20.399 --> 01:24:25.079
<v Speaker 12>this piece is very unlikely that we see the kind

1673
01:24:25.119 --> 01:24:27.319
<v Speaker 12>of progress we're seeing the worlds like just economy just

1674
01:24:27.600 --> 01:24:29.319
<v Speaker 12>coming to play and took pictures.

1675
01:24:30.079 --> 01:24:33.840
<v Speaker 5>I think the concerns because he also understands.

1676
01:24:33.399 --> 01:24:38.079
<v Speaker 12>That if you look at the securities the update on

1677
01:24:38.359 --> 01:24:42.600
<v Speaker 12>the rules for cryptos changes and classification of bitcoin.

1678
01:24:42.319 --> 01:24:42.840
<v Speaker 3>And the terum.

1679
01:24:43.119 --> 01:24:46.319
<v Speaker 12>First of all, they called bitcoin and the term securities,

1680
01:24:46.399 --> 01:24:47.239
<v Speaker 12>which at.

1681
01:24:47.159 --> 01:24:48.319
<v Speaker 5>That time I was soo.

1682
01:24:49.840 --> 01:24:51.840
<v Speaker 3>Pervooked because I was like, oh, are you going to

1683
01:24:51.880 --> 01:24:56.119
<v Speaker 3>who's bitscoing? Good to be identified bit? You know.

1684
01:24:57.039 --> 01:25:00.199
<v Speaker 12>I think after some other he had to update are

1685
01:25:00.239 --> 01:25:01.479
<v Speaker 12>the new rules, and if you look at it with

1686
01:25:01.560 --> 01:25:04.439
<v Speaker 12>the new rules, it's kind of quite very difficult, you know,

1687
01:25:05.039 --> 01:25:09.600
<v Speaker 12>and it's not really well be expected. However, I shine

1688
01:25:09.640 --> 01:25:12.880
<v Speaker 12>that and Contembra did a very comprehensive at to go today.

1689
01:25:13.079 --> 01:25:17.239
<v Speaker 12>I think maybe Cuture must have saying about why the

1690
01:25:17.520 --> 01:25:21.119
<v Speaker 12>crypto reforms and nindiam I don't work. And one of

1691
01:25:21.199 --> 01:25:26.199
<v Speaker 12>the key reasons is simple, you know, the space as

1692
01:25:26.920 --> 01:25:30.159
<v Speaker 12>the trust in the space as weakened. So yeah, it's

1693
01:25:30.199 --> 01:25:33.119
<v Speaker 12>good to see this optimism, but calu on paper or

1694
01:25:33.319 --> 01:25:36.000
<v Speaker 12>U reality, we're not having any the banks are not

1695
01:25:36.119 --> 01:25:39.920
<v Speaker 12>really concerned about this right now. As the said as Blower,

1696
01:25:41.119 --> 01:25:43.920
<v Speaker 12>you look at the cryptosting is that we're even given

1697
01:25:44.159 --> 01:25:46.319
<v Speaker 12>in temporary we've not seen much from them.

1698
01:25:46.399 --> 01:25:50.119
<v Speaker 3>So Calus, it's not as the way it is, OK,

1699
01:25:50.479 --> 01:25:52.319
<v Speaker 3>it's not the way it's give me one second, lit bit.

1700
01:25:52.399 --> 01:25:54.119
<v Speaker 10>Let me tell you. Maybe not understand what I'm saying.

1701
01:25:54.279 --> 01:25:57.079
<v Speaker 10>I'm not trying to chape your argument. I am opening

1702
01:25:57.159 --> 01:26:00.079
<v Speaker 10>the eyes of you and everybody listening. They are more

1703
01:26:00.159 --> 01:26:04.039
<v Speaker 10>than eight thousand crypto businesses that are transacting with the banks.

1704
01:26:04.079 --> 01:26:06.600
<v Speaker 3>That's what I'm telling you. It is. Don't believe what

1705
01:26:06.720 --> 01:26:10.119
<v Speaker 3>they say. Check what they are doing is startup can

1706
01:26:10.199 --> 01:26:11.880
<v Speaker 3>come up today and you will do bit going to

1707
01:26:11.960 --> 01:26:13.399
<v Speaker 3>cash cash back to bitcoin.

1708
01:26:13.600 --> 01:26:16.800
<v Speaker 10>Who is giving them APIs to connect? That's what I'm saying.

1709
01:26:16.840 --> 01:26:20.000
<v Speaker 10>I am heavily invested in this space. That's why I'm

1710
01:26:20.119 --> 01:26:21.159
<v Speaker 10>That's what I am telling you.

1711
01:26:21.600 --> 01:26:25.600
<v Speaker 3>Who is processing the transactions of the cryptocurrencies in our country?

1712
01:26:26.560 --> 01:26:30.119
<v Speaker 3>Is this the tailors or the mechanics or the people

1713
01:26:30.239 --> 01:26:33.720
<v Speaker 3>in Latipo markets are We're not talking about the banks.

1714
01:26:34.119 --> 01:26:35.640
<v Speaker 3>There is no crypto exchange.

1715
01:26:35.319 --> 01:26:38.720
<v Speaker 10>That can survive without the interrogability with financial structure. That

1716
01:26:38.800 --> 01:26:42.479
<v Speaker 10>correctly exists. That's what I'm telling you. Go and check

1717
01:26:42.560 --> 01:26:44.720
<v Speaker 10>your APIs. I don't have to be mentioned in their name,

1718
01:26:44.760 --> 01:26:45.520
<v Speaker 10>so it don't look ass it.

1719
01:26:45.720 --> 01:26:46.640
<v Speaker 3>I am going to blow it.

1720
01:26:47.039 --> 01:26:50.800
<v Speaker 10>All of them processing, all of them process bitcoin, they

1721
01:26:50.920 --> 01:26:54.640
<v Speaker 10>process transactions. Yes, when they do their banking matings, they

1722
01:26:54.680 --> 01:26:57.760
<v Speaker 10>act like they don't. I am allowed mounting this space

1723
01:26:58.439 --> 01:26:59.920
<v Speaker 10>spends past that money to be on.

1724
01:27:00.159 --> 01:27:02.079
<v Speaker 3>Just need to be advertising. That's going to be saying this.

1725
01:27:02.640 --> 01:27:05.079
<v Speaker 10>I know what it texts me to keep relationship with

1726
01:27:05.119 --> 01:27:07.840
<v Speaker 10>the direct general that's the group man, car do you

1727
01:27:07.920 --> 01:27:09.000
<v Speaker 10>need to bring the totomy.

1728
01:27:09.119 --> 01:27:11.039
<v Speaker 3>I can work with you to bring the totivity to

1729
01:27:11.119 --> 01:27:11.640
<v Speaker 3>your space.

1730
01:27:15.920 --> 01:27:20.319
<v Speaker 12>And I'm not spot to put us for the space

1731
01:27:20.760 --> 01:27:25.680
<v Speaker 12>and for people to understand that see on the open you.

1732
01:27:25.760 --> 01:27:28.319
<v Speaker 3>Know distance a lot as it is.

1733
01:27:28.960 --> 01:27:32.239
<v Speaker 12>I have fraids that uh they stay, have their accounts

1734
01:27:32.279 --> 01:27:36.800
<v Speaker 12>blow because of exposure in the crypto space. And for example,

1735
01:27:37.239 --> 01:27:42.119
<v Speaker 12>I think I think I'm well exposing. You have the

1736
01:27:42.239 --> 01:27:44.399
<v Speaker 12>better information of why things like that.

1737
01:27:44.840 --> 01:27:47.760
<v Speaker 5>So why if you look at cards language, look.

1738
01:27:47.640 --> 01:27:48.399
<v Speaker 3>At the NSC.

1739
01:27:49.439 --> 01:27:51.640
<v Speaker 12>There are three cases that they have to teach people

1740
01:27:51.680 --> 01:27:52.600
<v Speaker 12>script to so.

1741
01:27:52.680 --> 01:27:54.239
<v Speaker 3>It's not like it's smooth tale.

1742
01:27:54.640 --> 01:27:58.119
<v Speaker 12>The other is that if you want to do crypto,

1743
01:27:58.600 --> 01:28:00.920
<v Speaker 12>maybe you must have had like disciplin as said that.

1744
01:28:01.039 --> 01:28:05.720
<v Speaker 3>See, you must have got in related from the set.

1745
01:28:06.239 --> 01:28:06.920
<v Speaker 3>It's open.

1746
01:28:07.359 --> 01:28:09.760
<v Speaker 12>So if you're going to the back channel where that

1747
01:28:10.000 --> 01:28:13.680
<v Speaker 12>that that's not that's that's not for me to because

1748
01:28:13.720 --> 01:28:16.279
<v Speaker 12>it's already in black child the black channel. But the

1749
01:28:16.399 --> 01:28:21.039
<v Speaker 12>honest shoot is that if you do, but it's going blower.

1750
01:28:21.279 --> 01:28:23.720
<v Speaker 12>It's not like what we're seeing at the look and

1751
01:28:25.520 --> 01:28:29.159
<v Speaker 12>people have really left the space in love big stakeholders.

1752
01:28:29.359 --> 01:28:31.520
<v Speaker 12>I went to take for the last year I saw

1753
01:28:31.880 --> 01:28:35.600
<v Speaker 12>I saw at least eighteen ninigers in different countries.

1754
01:28:36.039 --> 01:28:37.520
<v Speaker 3>We're only blocking projects.

1755
01:28:37.600 --> 01:28:39.760
<v Speaker 12>And the first thing I was at the final coming

1756
01:28:39.840 --> 01:28:43.399
<v Speaker 12>back home and he said that this pay old friendly.

1757
01:28:43.680 --> 01:28:46.119
<v Speaker 5>So can you we can say all the patiful things

1758
01:28:46.199 --> 01:28:48.319
<v Speaker 5>about that the area that you know.

1759
01:28:49.000 --> 01:28:51.520
<v Speaker 3>That it's quite Look at the Peach to p market

1760
01:28:51.600 --> 01:28:55.000
<v Speaker 3>now call you. I have an exclusion. Look at the market.

1761
01:28:55.319 --> 01:28:58.159
<v Speaker 3>So it's it's still not as smooth as people are

1762
01:28:58.199 --> 01:28:58.720
<v Speaker 3>saying it is.

1763
01:28:58.920 --> 01:29:07.239
<v Speaker 2>But you know, like you see, so let me just

1764
01:29:07.399 --> 01:29:10.479
<v Speaker 2>okay here, so little I'm going to ask you guys,

1765
01:29:10.680 --> 01:29:11.840
<v Speaker 2>what assets.

1766
01:29:11.439 --> 01:29:14.279
<v Speaker 3>You what the ship? What did you do?

1767
01:29:14.880 --> 01:29:15.159
<v Speaker 1>Okay?

1768
01:29:15.680 --> 01:29:18.119
<v Speaker 2>Hell sure, so little I'm going to basically ask and

1769
01:29:18.319 --> 01:29:21.800
<v Speaker 2>see what assets you guys. I don't let the what

1770
01:29:22.039 --> 01:29:24.840
<v Speaker 2>recommend is usable here, but what assets you guys want

1771
01:29:24.880 --> 01:29:26.720
<v Speaker 2>to look at in case you want to invest. So

1772
01:29:26.800 --> 01:29:28.439
<v Speaker 2>for those listening that, I want to take away one

1773
01:29:28.520 --> 01:29:31.000
<v Speaker 2>or two asset. I know bitcoin is going to be there,

1774
01:29:31.039 --> 01:29:33.000
<v Speaker 2>but let's also ask you guys that. So once we

1775
01:29:33.079 --> 01:29:36.159
<v Speaker 2>do the question, I've got the crypto. No, I've got Tobetriku,

1776
01:29:37.119 --> 01:29:40.199
<v Speaker 2>Eric and Moriah. I think Maria was first. Let's do Moriah,

1777
01:29:40.920 --> 01:29:44.359
<v Speaker 2>Eric and Tobetuku and then Lezzie. So Mariah got the

1778
01:29:44.399 --> 01:29:48.840
<v Speaker 2>flow of please Mariah, Eric, Tobtriko, and Lezzie. Mariah go ahead,

1779
01:29:51.560 --> 01:29:59.439
<v Speaker 2>Moriah on the score, he's not there. Let's get mister Tobetriku.

1780
01:30:00.760 --> 01:30:02.439
<v Speaker 2>All right, I can see you speak about I can't hear.

1781
01:30:02.439 --> 01:30:05.640
<v Speaker 1>I can't hear you. I see your microsoft.

1782
01:30:07.439 --> 01:30:08.279
<v Speaker 16>Can Harry.

1783
01:30:10.479 --> 01:30:10.880
<v Speaker 1>Go ahead?

1784
01:30:12.960 --> 01:30:15.279
<v Speaker 16>Okay, just thank you very much.

1785
01:30:15.560 --> 01:30:18.279
<v Speaker 11>My name is more. Thank you for everyone's with me.

1786
01:30:18.840 --> 01:30:19.640
<v Speaker 11>It's okay today.

1787
01:30:19.720 --> 01:30:23.640
<v Speaker 16>So I've been listening to it, and there is a

1788
01:30:23.760 --> 01:30:25.000
<v Speaker 16>something that I wanted.

1789
01:30:24.840 --> 01:30:27.119
<v Speaker 11>To see concerning this whole thing, because I think like

1790
01:30:27.239 --> 01:30:31.800
<v Speaker 11>we really need to set the perspective rich So I.

1791
01:30:31.880 --> 01:30:35.119
<v Speaker 16>Think in twenty twenty five, this coin is the.

1792
01:30:35.159 --> 01:30:40.520
<v Speaker 11>Proper, proper asset class, which I think everyone should engage in.

1793
01:30:41.279 --> 01:30:43.880
<v Speaker 16>But at the same time, you know, also feels that

1794
01:30:43.960 --> 01:30:46.680
<v Speaker 16>we need to be conscious about this, you know, because

1795
01:30:46.840 --> 01:30:50.199
<v Speaker 16>over the past few years it has proven that it

1796
01:30:50.319 --> 01:30:54.239
<v Speaker 16>cannot be a hege. In fact, Goold has proven over

1797
01:30:54.399 --> 01:30:57.479
<v Speaker 16>time that because that it is the age that.

1798
01:30:57.680 --> 01:31:01.560
<v Speaker 11>Is good and the US being there and not Bitcoin.

1799
01:31:03.119 --> 01:31:08.079
<v Speaker 16>And again, if you're talking about this coin or cryptocurrency,

1800
01:31:08.800 --> 01:31:11.319
<v Speaker 16>I mean they are good asset class, but when.

1801
01:31:11.199 --> 01:31:14.840
<v Speaker 11>We want to invest in an asset that this policy

1802
01:31:14.880 --> 01:31:15.399
<v Speaker 11>has caused.

1803
01:31:15.960 --> 01:31:16.680
<v Speaker 3>What I mean is.

1804
01:31:17.279 --> 01:31:22.279
<v Speaker 16>Okay, today some say something and then the asset goes off,

1805
01:31:22.760 --> 01:31:26.560
<v Speaker 16>and then so might party that say something, and then

1806
01:31:26.600 --> 01:31:27.479
<v Speaker 16>the currency jobs.

1807
01:31:27.960 --> 01:31:30.279
<v Speaker 11>And again it has also proven.

1808
01:31:30.119 --> 01:31:33.800
<v Speaker 16>That after four years, you know, the American always elects

1809
01:31:33.920 --> 01:31:37.800
<v Speaker 16>a complete check into office. So in the next four years,

1810
01:31:37.920 --> 01:31:41.680
<v Speaker 16>if someone is very common bird, that will be anti bitcoin,

1811
01:31:41.760 --> 01:31:44.920
<v Speaker 16>anti crypto, and then the whole thing will just collass,

1812
01:31:44.960 --> 01:31:46.960
<v Speaker 16>so it will be directionless.

1813
01:31:47.439 --> 01:31:47.720
<v Speaker 11>Okay.

1814
01:31:47.760 --> 01:31:51.079
<v Speaker 16>So I think why it's good that we invest in

1815
01:31:51.159 --> 01:31:53.960
<v Speaker 16>this piece is also very very cautious for us to

1816
01:31:54.680 --> 01:31:56.439
<v Speaker 16>know what we're doing, because it.

1817
01:31:56.680 --> 01:31:59.920
<v Speaker 11>Is an unrelated spiece. There are so many characters there

1818
01:32:00.239 --> 01:32:02.359
<v Speaker 11>because in the crypto space, these.

1819
01:32:02.199 --> 01:32:06.439
<v Speaker 16>Are rude, own regulated people who say all kinds of things.

1820
01:32:06.960 --> 01:32:08.319
<v Speaker 11>Would you want more?

1821
01:32:10.560 --> 01:32:13.079
<v Speaker 1>What if I told you, I know what, I just.

1822
01:32:13.119 --> 01:32:15.319
<v Speaker 11>Want to random. I don't want to random by saying

1823
01:32:15.760 --> 01:32:17.199
<v Speaker 11>that this is ary.

1824
01:32:17.279 --> 01:32:20.399
<v Speaker 16>If you do not invest in bit coin or in

1825
01:32:20.560 --> 01:32:22.399
<v Speaker 16>any crypto asset class.

1826
01:32:22.399 --> 01:32:24.239
<v Speaker 11>That is not the end of the world for you.

1827
01:32:25.239 --> 01:32:27.520
<v Speaker 11>There are so many things to invest in. That's not

1828
01:32:27.640 --> 01:32:29.399
<v Speaker 11>the end of the world for you. That's not what

1829
01:32:29.520 --> 01:32:30.239
<v Speaker 11>I wanted to say.

1830
01:32:31.239 --> 01:32:32.920
<v Speaker 2>Yeah, So the point I'm trying to make when you

1831
01:32:32.960 --> 01:32:37.159
<v Speaker 2>said that was like, the currency markets are also not regulated,

1832
01:32:37.840 --> 01:32:40.640
<v Speaker 2>and that's like a six trillion a day markets also,

1833
01:32:41.760 --> 01:32:45.880
<v Speaker 2>So I hear you completely and I'm paying that was advocate.

1834
01:32:46.119 --> 01:32:48.319
<v Speaker 2>I'm not giving you facts. I'm just saying that was advocate.

1835
01:32:48.760 --> 01:32:51.640
<v Speaker 2>If the market is not regulated doesn't mean we can't

1836
01:32:51.760 --> 01:32:52.239
<v Speaker 2>play in it.

1837
01:32:57.520 --> 01:32:59.920
<v Speaker 3>Space, so like you don't start.

1838
01:33:00.079 --> 01:33:03.239
<v Speaker 12>I guess you know what makes the banks the currency

1839
01:33:03.319 --> 01:33:06.520
<v Speaker 12>market different from market is that banks that the market

1840
01:33:06.600 --> 01:33:11.359
<v Speaker 12>maker banks and kings the intunder market when transactions are

1841
01:33:11.439 --> 01:33:16.439
<v Speaker 12>ruled by hpie Morgan, who was fan grow Dutch Bank

1842
01:33:17.119 --> 01:33:20.359
<v Speaker 12>going through about a total production around the world.

1843
01:33:21.000 --> 01:33:24.319
<v Speaker 3>So we have some form of gentlemen agreements.

1844
01:33:24.399 --> 01:33:27.199
<v Speaker 12>You know, in the cuto market, for example, apart from

1845
01:33:27.359 --> 01:33:29.920
<v Speaker 12>big coins, you know, there are thousands of coins.

1846
01:33:29.960 --> 01:33:32.920
<v Speaker 24>In fact, at some point in the year, fifty thousand

1847
01:33:33.119 --> 01:33:34.319
<v Speaker 24>mine coins were produced.

1848
01:33:34.319 --> 01:33:37.079
<v Speaker 3>The Now if you look at what happened just before

1849
01:33:37.800 --> 01:33:38.640
<v Speaker 3>present from.

1850
01:33:38.560 --> 01:33:42.359
<v Speaker 12>For example, how he loved the giant loads investing on

1851
01:33:42.479 --> 01:33:46.960
<v Speaker 12>that too, King, if we had the regulated entity present from.

1852
01:33:47.159 --> 01:33:50.239
<v Speaker 10>Being deferent on how you w pushed that point? Now,

1853
01:33:50.680 --> 01:33:53.640
<v Speaker 10>you know, is he The thing is that that's would

1854
01:33:54.079 --> 01:33:59.520
<v Speaker 10>be talking about this investment because are on the losing it.

1855
01:33:59.720 --> 01:34:02.359
<v Speaker 12>They lot of people have put their adm save into

1856
01:34:02.439 --> 01:34:08.439
<v Speaker 12>these things and and you can always say that really

1857
01:34:08.760 --> 01:34:11.720
<v Speaker 12>because we have any power, we can overlook and no

1858
01:34:11.880 --> 01:34:13.800
<v Speaker 12>of them can move on.

1859
01:34:14.359 --> 01:34:16.199
<v Speaker 11>You know, I just look at the time, like.

1860
01:34:16.239 --> 01:34:18.560
<v Speaker 12>For example, I see a lot like you just crying

1861
01:34:19.000 --> 01:34:22.680
<v Speaker 12>and it's very painful because nobody you protect them. Americans

1862
01:34:22.720 --> 01:34:25.760
<v Speaker 12>are protected because they have a enforcement to jenousy.

1863
01:34:25.960 --> 01:34:27.600
<v Speaker 3>You see the number of cases.

1864
01:34:27.319 --> 01:34:30.359
<v Speaker 1>That you do scmes rock pools, but we don't see

1865
01:34:30.359 --> 01:34:31.239
<v Speaker 1>that in the So.

1866
01:34:31.800 --> 01:34:34.560
<v Speaker 12>Would I be turning you to put their antifire because

1867
01:34:34.880 --> 01:34:38.399
<v Speaker 12>you're getting amazing I would definitely just say no that

1868
01:34:38.560 --> 01:34:41.319
<v Speaker 12>is where I come in. I'm a realists. I look

1869
01:34:41.359 --> 01:34:45.680
<v Speaker 12>at things based on the conditions in the Already you

1870
01:34:46.079 --> 01:34:48.640
<v Speaker 12>are taking risks because it is not used.

1871
01:34:48.439 --> 01:34:51.600
<v Speaker 3>To the world. But I willnost say invest the protect

1872
01:34:51.680 --> 01:34:54.720
<v Speaker 3>where not of ten goes to their No, I will not,

1873
01:34:54.800 --> 01:34:55.800
<v Speaker 3>I'll not, I will not do that.

1874
01:34:56.279 --> 01:35:04.079
<v Speaker 10>So on what the banker and old said, very much

1875
01:35:04.199 --> 01:35:07.840
<v Speaker 10>like what you expect from bank people. In twenty seventeen,

1876
01:35:07.880 --> 01:35:09.720
<v Speaker 10>when I came back to Nigeria from New York City,

1877
01:35:10.119 --> 01:35:13.319
<v Speaker 10>I built the United Bank of Africa, the Aspora banking application.

1878
01:35:13.800 --> 01:35:17.479
<v Speaker 10>Then you'll b eight used to do cross border transactions

1879
01:35:17.880 --> 01:35:23.600
<v Speaker 10>with money Gram, Western Union and YA Transform. It was

1880
01:35:23.680 --> 01:35:25.800
<v Speaker 10>me who told them, Look, I've been to ub in

1881
01:35:25.920 --> 01:35:28.800
<v Speaker 10>New York City at the Rockefeller Building. What you have

1882
01:35:29.000 --> 01:35:32.000
<v Speaker 10>right there is the nostrils and pustuous arrangement. You don't

1883
01:35:32.000 --> 01:35:36.199
<v Speaker 10>even have a commercial banking thing. And it's trusted speed

1884
01:35:36.520 --> 01:35:40.279
<v Speaker 10>undocumented Nigerians, and they ask for especially in New York, London,

1885
01:35:40.960 --> 01:35:43.600
<v Speaker 10>in Paris, like you said, you have so do transactions.

1886
01:35:43.640 --> 01:35:46.760
<v Speaker 10>Once it's foul five o'clock, they can't do transaction except.

1887
01:35:46.479 --> 01:35:47.560
<v Speaker 3>To the NIT City Center.

1888
01:35:47.760 --> 01:35:49.800
<v Speaker 10>If you don't live in Manhattan, New York or the

1889
01:35:49.840 --> 01:35:52.319
<v Speaker 10>city center anywhere in America. You may not be able

1890
01:35:52.359 --> 01:35:55.800
<v Speaker 10>to send more than nine hundred dollars right, so, but

1891
01:35:56.079 --> 01:35:59.119
<v Speaker 10>I will operate it and pay for the bank. I've

1892
01:35:59.119 --> 01:36:00.760
<v Speaker 10>never been a banker, don't get me wrong, but I

1893
01:36:00.800 --> 01:36:03.279
<v Speaker 10>have paid technology for them. I realize what they rant

1894
01:36:03.439 --> 01:36:07.159
<v Speaker 10>is fractional reserve banking. So banks will always never want

1895
01:36:07.199 --> 01:36:09.760
<v Speaker 10>to tell you that there is something called hard money.

1896
01:36:10.159 --> 01:36:13.079
<v Speaker 10>There is something that is finite because they print paper

1897
01:36:13.199 --> 01:36:15.399
<v Speaker 10>money all the time. Look at the end two of

1898
01:36:15.560 --> 01:36:18.319
<v Speaker 10>the entire world. Look at the end two of Nigeria.

1899
01:36:18.520 --> 01:36:21.439
<v Speaker 10>The money print money, the more inflation destroy us. So

1900
01:36:21.640 --> 01:36:24.840
<v Speaker 10>any banker in this space telling you anything this data

1901
01:36:24.960 --> 01:36:26.920
<v Speaker 10>is one o'clock. Go and check the time they said

1902
01:36:26.960 --> 01:36:31.239
<v Speaker 10>we pm because they print money in the bank. If

1903
01:36:31.319 --> 01:36:34.760
<v Speaker 10>ban can write off any any guardian of debt, you

1904
01:36:34.880 --> 01:36:37.199
<v Speaker 10>cannot do that in bitcoin. And I'm not talking about

1905
01:36:37.279 --> 01:36:40.479
<v Speaker 10>multiple cryptlal currency. I'm not giving you financial advice. I

1906
01:36:40.560 --> 01:36:43.880
<v Speaker 10>am also in reality, we were all ship coiners. When

1907
01:36:43.920 --> 01:36:46.640
<v Speaker 10>I say shipcoined, I know even house coins, all this

1908
01:36:46.760 --> 01:36:49.560
<v Speaker 10>paper money, we were all believers in it. Nobody knew

1909
01:36:49.600 --> 01:36:51.680
<v Speaker 10>pitch coin before. If I need two thousand and night,

1910
01:36:51.680 --> 01:36:52.720
<v Speaker 10>I will not be in count to space.

1911
01:36:53.520 --> 01:36:56.640
<v Speaker 22>If interjecting the issues, you don't think.

1912
01:36:56.520 --> 01:36:58.760
<v Speaker 3>About risk and all of this. You're saying, no, hold on,

1913
01:36:58.800 --> 01:37:01.079
<v Speaker 3>hold on, galle Man, got my hold on. You're gonna talk.

1914
01:37:03.079 --> 01:37:08.520
<v Speaker 3>I am talking about. Listen to. What I'm saying is story, pups, facts.

1915
01:37:08.600 --> 01:37:10.720
<v Speaker 10>It's what I am telling you. Let me read out

1916
01:37:10.760 --> 01:37:13.079
<v Speaker 10>some datas to you. I speak with this that there's

1917
01:37:13.119 --> 01:37:15.760
<v Speaker 10>no story here. This is not your your job. I

1918
01:37:15.840 --> 01:37:21.079
<v Speaker 10>am telling you that do you performance over keey time frames?

1919
01:37:22.239 --> 01:37:24.680
<v Speaker 3>Right on bitcoin, they gave s m P five.

1920
01:37:24.600 --> 01:37:28.359
<v Speaker 10>Hundred gold US treasuries real estates, go and shake it.

1921
01:37:29.199 --> 01:37:33.479
<v Speaker 10>It's about twenty six percent for bitcoin in the last

1922
01:37:33.560 --> 01:37:34.960
<v Speaker 10>ten years and form.

1923
01:37:35.000 --> 01:37:35.479
<v Speaker 3>If I want to.

1924
01:37:35.520 --> 01:37:37.960
<v Speaker 22>Correct it, it's kindly two thousand and eight till nine.

1925
01:37:38.600 --> 01:37:41.920
<v Speaker 3>Ye SMB. You have to think of them with no Listen.

1926
01:37:42.000 --> 01:37:49.319
<v Speaker 25>Listen to what I'm saying shadow, hold on, Shogo, hold them,

1927
01:37:49.840 --> 01:37:52.439
<v Speaker 25>hold them so again, just to make sure folks.

1928
01:37:52.439 --> 01:37:53.439
<v Speaker 1>Folks are listening right.

1929
01:37:53.920 --> 01:37:56.399
<v Speaker 2>If you want to compare absolute then you got to

1930
01:37:56.479 --> 01:37:57.840
<v Speaker 2>compare absolute rights.

1931
01:37:57.960 --> 01:37:59.680
<v Speaker 1>I hear your numbers.

1932
01:38:00.479 --> 01:38:03.600
<v Speaker 2>Your numbers are correct, But he's saying you've got to

1933
01:38:03.640 --> 01:38:06.399
<v Speaker 2>also have a risk weighted return. I hear you caveat

1934
01:38:06.479 --> 01:38:09.039
<v Speaker 2>by saying four years that you must hold, but for

1935
01:38:09.159 --> 01:38:11.199
<v Speaker 2>four years before ten years?

1936
01:38:11.800 --> 01:38:11.960
<v Speaker 3>Yeah?

1937
01:38:12.479 --> 01:38:15.239
<v Speaker 2>Boy, if I hold, if I buy us stocksne yeah,

1938
01:38:15.239 --> 01:38:18.359
<v Speaker 2>I make six percent eight percent? Why should I have?

1939
01:38:18.520 --> 01:38:20.119
<v Speaker 1>So it is ten years?

1940
01:38:20.600 --> 01:38:25.439
<v Speaker 2>Then I should also look at the SMPI I hear you,

1941
01:38:25.600 --> 01:38:26.319
<v Speaker 2>but it's.

1942
01:38:26.199 --> 01:38:28.000
<v Speaker 1>Talk like I did that. Maybe in one particular year

1943
01:38:28.039 --> 01:38:28.960
<v Speaker 1>they did twenty five percent.

1944
01:38:29.039 --> 01:38:31.000
<v Speaker 2>So we have to do life for like, right, So

1945
01:38:31.199 --> 01:38:33.680
<v Speaker 2>if you do twenty five years, you also I looked

1946
01:38:33.680 --> 01:38:36.279
<v Speaker 2>at the SMP for twenty five years and then look

1947
01:38:36.319 --> 01:38:39.840
<v Speaker 2>say what the CGR of SMP. I'm sure bitcoin will

1948
01:38:39.840 --> 01:38:41.520
<v Speaker 2>beat it. But the point I'm making it is you

1949
01:38:41.600 --> 01:38:43.600
<v Speaker 2>got to do life for like. I don't think anybody

1950
01:38:43.680 --> 01:38:47.960
<v Speaker 2>is in anyone here. Bitcoin was twenty one thousand, six thousand,

1951
01:38:48.119 --> 01:38:52.039
<v Speaker 2>one dollar. Now it's eighty eight thousand dollars for one

1952
01:38:52.119 --> 01:38:54.720
<v Speaker 2>or eighty three thousand, so we all know there's been

1953
01:38:54.760 --> 01:38:57.239
<v Speaker 2>a profit return on it. I think the question is

1954
01:38:58.239 --> 01:39:01.760
<v Speaker 2>if I had bought my bit coin in this particular year,

1955
01:39:02.239 --> 01:39:04.560
<v Speaker 2>I would have lost money. If I had sold in

1956
01:39:04.600 --> 01:39:07.359
<v Speaker 2>a particular year, I would have lost money. But if

1957
01:39:07.399 --> 01:39:10.520
<v Speaker 2>I bought and held till today, I would make eighty

1958
01:39:10.600 --> 01:39:13.399
<v Speaker 2>three thousand percent. We get that and I think most

1959
01:39:13.399 --> 01:39:15.920
<v Speaker 2>people on this space are also saying, this is money

1960
01:39:16.000 --> 01:39:19.039
<v Speaker 2>I have. I've taken money for my consumption. I would

1961
01:39:19.119 --> 01:39:21.800
<v Speaker 2>like to invest it, and I want to see it return.

1962
01:39:21.840 --> 01:39:23.399
<v Speaker 2>That don't go ready for ten years? Literally read the

1963
01:39:23.399 --> 01:39:25.319
<v Speaker 2>point that I've got ready for ten years or four years.

1964
01:39:25.359 --> 01:39:28.319
<v Speaker 2>They want to say, Okay, this time I'm hearing bitcoin crypto.

1965
01:39:28.359 --> 01:39:30.880
<v Speaker 2>I don't even know about it proposing to making money.

1966
01:39:31.359 --> 01:39:33.239
<v Speaker 2>What can I should I invest in it?

1967
01:39:33.439 --> 01:39:33.680
<v Speaker 3>Okay?

1968
01:39:33.800 --> 01:39:36.319
<v Speaker 1>Where should I invest? What should I invest? We get it?

1969
01:39:36.600 --> 01:39:38.760
<v Speaker 2>See for the President of the United States to come

1970
01:39:38.760 --> 01:39:41.520
<v Speaker 2>out and hold the conference on bitcoin that has that's

1971
01:39:41.520 --> 01:39:42.920
<v Speaker 2>it best use case.

1972
01:39:43.479 --> 01:39:48.279
<v Speaker 1>It's done. There's no need to convince anybody again about bitcoin.

1973
01:39:48.399 --> 01:39:51.960
<v Speaker 1>It's done. The question is what, when?

1974
01:39:52.119 --> 01:39:52.720
<v Speaker 3>Where? How?

1975
01:39:53.039 --> 01:39:54.000
<v Speaker 1>I think that's what point?

1976
01:39:54.039 --> 01:39:54.199
<v Speaker 3>You know?

1977
01:39:54.319 --> 01:39:57.920
<v Speaker 1>Should they do it? How? Yeah, that's what I discussed it.

1978
01:39:58.359 --> 01:40:00.640
<v Speaker 3>I get it. I love it for anybody on your space.

1979
01:40:00.760 --> 01:40:02.159
<v Speaker 3>Your space is your truth. Say your space.

1980
01:40:02.239 --> 01:40:04.960
<v Speaker 10>Yes, you've made some mistakes and I love you. You're

1981
01:40:05.000 --> 01:40:07.520
<v Speaker 10>basically like elumosk. You based your mistakes and you correct yourself.

1982
01:40:07.560 --> 01:40:09.239
<v Speaker 10>You're not the type of person that can understand right.

1983
01:40:09.479 --> 01:40:11.880
<v Speaker 10>So I will tell you Bitcoin is not what you

1984
01:40:12.199 --> 01:40:14.399
<v Speaker 10>put money in and you think it's car loocal Love

1985
01:40:14.640 --> 01:40:16.800
<v Speaker 10>or it's spotty bits. No, I will not tell you

1986
01:40:16.880 --> 01:40:19.479
<v Speaker 10>to put money in bitcoin because you think that or

1987
01:40:19.640 --> 01:40:22.039
<v Speaker 10>you can lose that money. This is what we advise

1988
01:40:22.079 --> 01:40:24.159
<v Speaker 10>and it is not financial advices. We are listed talk

1989
01:40:24.920 --> 01:40:27.399
<v Speaker 10>any money you want to lose, you think you can

1990
01:40:27.560 --> 01:40:30.680
<v Speaker 10>risk and put it in all that cryptocurrences.

1991
01:40:30.039 --> 01:40:33.079
<v Speaker 3>Put it in any other thing, any money you don't

1992
01:40:33.199 --> 01:40:35.680
<v Speaker 3>want to lose capital and that d o anty and

1993
01:40:35.840 --> 01:40:38.119
<v Speaker 3>you think you want to invest like a real esplates

1994
01:40:38.199 --> 01:40:40.119
<v Speaker 3>that you we hope not the one that you will

1995
01:40:40.199 --> 01:40:44.760
<v Speaker 3>sell quickly. If you're looking at an asset class, bitcoin

1996
01:40:44.880 --> 01:40:47.239
<v Speaker 3>is the only thing that can do that for you successfully.

1997
01:40:47.359 --> 01:40:51.039
<v Speaker 10>You don't put betting money in BTC, so it is

1998
01:40:51.119 --> 01:40:53.039
<v Speaker 10>not the big thing of I want to buy this

1999
01:40:53.159 --> 01:40:54.880
<v Speaker 10>coin and make money for a meeting three months they

2000
01:40:55.000 --> 01:40:56.920
<v Speaker 10>go and do B two P transactions and if you

2001
01:40:56.960 --> 01:40:58.640
<v Speaker 10>want to be making money, they do as you ab

2002
01:40:58.800 --> 01:41:01.039
<v Speaker 10>trash and put some merging on it. I can edicate

2003
01:41:01.079 --> 01:41:05.079
<v Speaker 10>you in that area very well. And that's that's one

2004
01:41:05.119 --> 01:41:06.479
<v Speaker 10>of the ways we can make money quickly.

2005
01:41:06.600 --> 01:41:09.600
<v Speaker 3>Every day people are making millions.

2006
01:41:09.239 --> 01:41:10.920
<v Speaker 1>Of dollars month.

2007
01:41:11.199 --> 01:41:13.239
<v Speaker 11>But if you if you look it doesn't.

2008
01:41:13.319 --> 01:41:16.720
<v Speaker 1>Okay, let's let a gal Man speak for it doesn't.

2009
01:41:16.439 --> 01:41:18.479
<v Speaker 22>Still work that way because if it comes to invest

2010
01:41:18.560 --> 01:41:21.680
<v Speaker 22>in everybody has the risk appetite and everybody has.

2011
01:41:22.159 --> 01:41:24.199
<v Speaker 3>Have wear the eye in this life and that this word.

2012
01:41:24.239 --> 01:41:27.520
<v Speaker 22>You're not trying to understand what this guy say Aday

2013
01:41:27.600 --> 01:41:30.760
<v Speaker 22>is saying. Right, being an advocate is fine, but in

2014
01:41:30.840 --> 01:41:35.119
<v Speaker 22>the public space and finance, we put like the imagine

2015
01:41:35.159 --> 01:41:37.680
<v Speaker 22>of risk when we as present, there is no absolute

2016
01:41:37.720 --> 01:41:40.640
<v Speaker 22>answer and there's no way you're going to say put

2017
01:41:40.800 --> 01:41:43.479
<v Speaker 22>this into bitcoin, or if you invest in bitcoin, nothing's

2018
01:41:43.479 --> 01:41:46.319
<v Speaker 22>going to happen. No, you can put people's retirement money

2019
01:41:46.479 --> 01:41:47.399
<v Speaker 22>in bitcoin.

2020
01:41:47.159 --> 01:41:47.479
<v Speaker 3>Just like that.

2021
01:41:47.640 --> 01:41:49.000
<v Speaker 1>Yeah, I would not advise that.

2022
01:41:49.479 --> 01:41:51.680
<v Speaker 22>I would just think of it in the line of

2023
01:41:52.000 --> 01:41:55.680
<v Speaker 22>how many percent of your portfolios should you expose to bitcoin?

2024
01:41:56.000 --> 01:41:58.479
<v Speaker 22>That is a better way for address this instead of

2025
01:41:58.560 --> 01:42:03.239
<v Speaker 22>you saying bitcoin you lose money. No, people's You're going

2026
01:42:03.319 --> 01:42:04.840
<v Speaker 22>to see a lot of us here in the next

2027
01:42:04.920 --> 01:42:06.119
<v Speaker 22>eighteen years or twenties.

2028
01:42:06.159 --> 01:42:09.119
<v Speaker 3>We're going to Others are looking to retire, Others have.

2029
01:42:09.279 --> 01:42:11.640
<v Speaker 22>Their kids, school feed, different things they have to pay,

2030
01:42:12.039 --> 01:42:13.680
<v Speaker 22>and anything could happen.

2031
01:42:14.319 --> 01:42:16.520
<v Speaker 11>A bitcoin is just two thousand.

2032
01:42:16.199 --> 01:42:21.600
<v Speaker 3>And nine, after the two eight two and nine financial crisis.

2033
01:42:22.039 --> 01:42:25.960
<v Speaker 22>Then it became eighteen twenty and seventeen, and we saw

2034
01:42:26.000 --> 01:42:28.920
<v Speaker 22>how we dropped twenty and twenty. That's the same arguement

2035
01:42:29.039 --> 01:42:32.279
<v Speaker 22>we had twenty and twenty during this park in America

2036
01:42:32.399 --> 01:42:34.800
<v Speaker 22>where they are doing special apposition.

2037
01:42:34.399 --> 01:42:34.960
<v Speaker 3>In the company.

2038
01:42:35.279 --> 01:42:38.479
<v Speaker 1>Most of these parks, the ipeas.

2039
01:42:38.079 --> 01:42:40.359
<v Speaker 22>Are down right now right, so it can never be

2040
01:42:40.439 --> 01:42:44.279
<v Speaker 22>absolutely finance when we are explaining it, often in finance

2041
01:42:44.319 --> 01:42:46.439
<v Speaker 22>we look at it like, if you're in this period

2042
01:42:46.479 --> 01:42:50.399
<v Speaker 22>in your life, expose eight percent into this. If you're

2043
01:42:50.479 --> 01:42:52.920
<v Speaker 22>in this period in your life, exposed eight percent into this,

2044
01:42:53.319 --> 01:42:55.319
<v Speaker 22>eighty is also an important thing, right.

2045
01:42:55.239 --> 01:42:57.560
<v Speaker 3>And eighteen years old, it's trying to expose.

2046
01:42:57.279 --> 01:43:01.279
<v Speaker 22>Half of his portfolio into bitcoinduct fine, but I for

2047
01:43:01.479 --> 01:43:03.800
<v Speaker 22>five years old, who has an eighteen year old going

2048
01:43:04.239 --> 01:43:08.039
<v Speaker 22>to the university? Are you expecting to expose himself into

2049
01:43:08.079 --> 01:43:10.760
<v Speaker 22>between you? It just doesn't work like that too. There

2050
01:43:10.840 --> 01:43:13.760
<v Speaker 22>is that we all understand that bitcome. I bought a

2051
01:43:13.800 --> 01:43:19.399
<v Speaker 22>bit cann fresh million thousand and seventeen a week after

2052
01:43:19.520 --> 01:43:23.239
<v Speaker 22>I entered legals. I've had good explodure to it. I've

2053
01:43:23.279 --> 01:43:25.560
<v Speaker 22>burnt my hand before and I and I'm getting a

2054
01:43:25.600 --> 01:43:26.319
<v Speaker 22>lot out of it too.

2055
01:43:26.359 --> 01:43:27.960
<v Speaker 16>But the idea that in.

2056
01:43:28.079 --> 01:43:30.760
<v Speaker 22>Finance put half of your own money in this I

2057
01:43:30.840 --> 01:43:33.159
<v Speaker 22>think if if half of all you have right now

2058
01:43:33.359 --> 01:43:35.279
<v Speaker 22>is in bitcom bro, I'm sorry, you might be.

2059
01:43:35.359 --> 01:43:38.520
<v Speaker 10>Hot in the next years to come. Honestly, I'm in

2060
01:43:38.680 --> 01:43:41.039
<v Speaker 10>Gala man. I have one hundred percent in b C

2061
01:43:41.279 --> 01:43:43.680
<v Speaker 10>and let me tell you to take that back. I

2062
01:43:43.800 --> 01:43:46.560
<v Speaker 10>never said anybody should put half. This is what I'm

2063
01:43:46.600 --> 01:43:49.680
<v Speaker 10>saying cleanly. Any where you are in your life as poor,

2064
01:43:50.039 --> 01:43:54.279
<v Speaker 10>middle class or h and I right, ask yourself.

2065
01:43:54.479 --> 01:43:57.239
<v Speaker 3>I mentioned one thing. As soon as can give you

2066
01:43:57.319 --> 01:44:00.960
<v Speaker 3>opportunity to speak. I talk about this year hour of Nigeria,

2067
01:44:01.039 --> 01:44:05.520
<v Speaker 3>the freaking ice in the fucking world. I spoke about NPR.

2068
01:44:06.119 --> 01:44:10.880
<v Speaker 3>I spoke about the rebased inflection. Right. So I'm telling

2069
01:44:10.920 --> 01:44:12.920
<v Speaker 3>you that all of us know the price of gary,

2070
01:44:13.000 --> 01:44:15.840
<v Speaker 3>bread and water. All of us here.

2071
01:44:16.199 --> 01:44:19.159
<v Speaker 10>Inflation only batter all of us. All of us know

2072
01:44:19.560 --> 01:44:23.520
<v Speaker 10>that in this country banks practice a bank run and

2073
01:44:23.640 --> 01:44:25.840
<v Speaker 10>nobody has gone to jail. It's only may feel that

2074
01:44:25.920 --> 01:44:29.239
<v Speaker 10>it's being held for it. So if you want to

2075
01:44:29.399 --> 01:44:34.119
<v Speaker 10>turn your narror into an automated money that will increase

2076
01:44:34.199 --> 01:44:36.239
<v Speaker 10>over a long period of time.

2077
01:44:36.720 --> 01:44:38.760
<v Speaker 3>That's what I am telling you that your risk.

2078
01:44:38.800 --> 01:44:42.760
<v Speaker 10>Appetise is now based on the education that you find

2079
01:44:43.039 --> 01:44:45.159
<v Speaker 10>and you have discovered, and you have now.

2080
01:44:45.199 --> 01:44:46.479
<v Speaker 3>Learned based on your research.

2081
01:44:47.000 --> 01:44:49.039
<v Speaker 15>Is one, I say?

2082
01:44:49.399 --> 01:44:52.359
<v Speaker 3>One stat is more that? Wait, do you know how

2083
01:44:52.399 --> 01:44:55.039
<v Speaker 3>to calculate its coin? You know? Bitcoin is lost paper money?

2084
01:44:55.279 --> 01:44:55.840
<v Speaker 3>But that's.

2085
01:45:00.119 --> 01:45:04.800
<v Speaker 1>If I know olimined olimeded. What do I show? Do

2086
01:45:04.920 --> 01:45:08.159
<v Speaker 1>I show just if I may, I do appologize?

2087
01:45:08.159 --> 01:45:12.119
<v Speaker 2>I show if I if you have a dollar, and

2088
01:45:12.560 --> 01:45:16.479
<v Speaker 2>you have only that one dollar, then the price by

2089
01:45:16.720 --> 01:45:21.399
<v Speaker 2>nominal value if other assets fall, will rise nominally. It

2090
01:45:21.439 --> 01:45:26.359
<v Speaker 2>doesn't mean it's as it hasn't gotten any earnings. There's

2091
01:45:26.439 --> 01:45:30.319
<v Speaker 2>no earnings with bitcoin. Bit country turn is because the

2092
01:45:30.479 --> 01:45:35.520
<v Speaker 2>dollar is falling, gold is stable, bonds are falling.

2093
01:45:35.880 --> 01:45:38.079
<v Speaker 1>You see the point I'm making. So if I take a.

2094
01:45:38.079 --> 01:45:40.880
<v Speaker 2>Bit, if I buy a share of war On Buffett Company,

2095
01:45:40.880 --> 01:45:43.920
<v Speaker 2>I put it in my pocket. As that shares in

2096
01:45:44.000 --> 01:45:46.800
<v Speaker 2>my pocket, war On Buffett is working for me. He's

2097
01:45:46.840 --> 01:45:50.560
<v Speaker 2>making a return, a dividend to me. So my dividend

2098
01:45:50.720 --> 01:45:55.840
<v Speaker 2>in my pocket. The appreciation is in my principal. Plus

2099
01:45:56.399 --> 01:46:01.239
<v Speaker 2>I get a dividend the bitcoin. There is no appreciation

2100
01:46:01.520 --> 01:46:04.920
<v Speaker 2>in my pocket, but the dollar in my other pocket

2101
01:46:05.079 --> 01:46:09.079
<v Speaker 2>is losing value. So the bitcoin in my pocket, the

2102
01:46:09.239 --> 01:46:12.399
<v Speaker 2>value that that return you see is the inverse of

2103
01:46:12.520 --> 01:46:15.520
<v Speaker 2>the dollar falling. So when you say, for instance, that

2104
01:46:15.920 --> 01:46:18.439
<v Speaker 2>they don't the bitcoin has made more, it hasn't made more.

2105
01:46:18.560 --> 01:46:23.239
<v Speaker 2>Dollar has fallen, so that return is the inverse. So

2106
01:46:23.840 --> 01:46:25.119
<v Speaker 2>it just make the point for listening.

2107
01:46:25.159 --> 01:46:28.880
<v Speaker 1>There's no return on bitcoin percon Let's just take it.

2108
01:46:30.560 --> 01:46:32.359
<v Speaker 3>Remember what I said. Remember what I said.

2109
01:46:32.720 --> 01:46:35.960
<v Speaker 10>I'm a bitcoin educator, right and I changed it on

2110
01:46:36.000 --> 01:46:38.399
<v Speaker 10>the capital market, guys, I keep saying is that bit

2111
01:46:38.479 --> 01:46:41.079
<v Speaker 10>money is not pay per money, and it is finite money.

2112
01:46:41.279 --> 01:46:43.359
<v Speaker 10>We are all talking like this because we have never

2113
01:46:43.560 --> 01:46:47.399
<v Speaker 10>all of us included Trump, included, exact, included lady the

2114
01:46:47.439 --> 01:46:50.640
<v Speaker 10>Special adviser to President Trump. The twitter I posted there

2115
01:46:50.720 --> 01:46:53.399
<v Speaker 10>in the next we are all just yet experiencing bit coin.

2116
01:46:53.560 --> 01:46:56.359
<v Speaker 10>Most of what year are older than BDC. Most of

2117
01:46:56.439 --> 01:46:58.439
<v Speaker 10>us year are in the age of the internety, So

2118
01:46:58.760 --> 01:47:01.520
<v Speaker 10>we should not make any mission is finite.

2119
01:47:01.920 --> 01:47:03.439
<v Speaker 3>It is not something they are placing.

2120
01:47:03.840 --> 01:47:09.239
<v Speaker 10>And on the first ever block, Satoshakamoto said it, Chancellor

2121
01:47:09.479 --> 01:47:13.199
<v Speaker 10>on the break of paiding out banks, everybody go and

2122
01:47:13.279 --> 01:47:16.800
<v Speaker 10>do that research, including you, chance in twenty basically in

2123
01:47:16.840 --> 01:47:18.640
<v Speaker 10>twenty twenty in two thousand and eight. You know what

2124
01:47:18.800 --> 01:47:21.439
<v Speaker 10>happened in the world in two thousand and nine when

2125
01:47:21.479 --> 01:47:25.479
<v Speaker 10>bitcoin came up right it said cancelor on the brink

2126
01:47:25.920 --> 01:47:28.000
<v Speaker 10>or paiding out banks They paid.

2127
01:47:28.640 --> 01:47:31.560
<v Speaker 3>So you are very correct, which is why we are

2128
01:47:31.600 --> 01:47:34.720
<v Speaker 3>all here. Don't understand bitcoin, And I'm.

2129
01:47:34.560 --> 01:47:38.880
<v Speaker 10>Telling you that bitcoin is finite one hundred millions and

2130
01:47:39.119 --> 01:47:41.399
<v Speaker 10>she's is what you are buying. You are not buying

2131
01:47:41.439 --> 01:47:45.159
<v Speaker 10>the dollar pounds nirati round round, No, you are bettering

2132
01:47:45.279 --> 01:47:48.680
<v Speaker 10>against them. So every time you buy a person of

2133
01:47:48.760 --> 01:47:52.279
<v Speaker 10>that bitcoin, I really don't care whether it's dollar, pounds

2134
01:47:52.399 --> 01:47:53.000
<v Speaker 10>or whatever it is.

2135
01:47:53.079 --> 01:47:55.159
<v Speaker 3>It is basically when I change my settence.

2136
01:47:54.800 --> 01:47:57.880
<v Speaker 10>I see the currency that is tootling the case, which

2137
01:47:57.920 --> 01:48:00.479
<v Speaker 10>can will never change value. If you buy the thousands

2138
01:48:00.479 --> 01:48:02.800
<v Speaker 10>of sacks, it is ten thousand sacks. If you have

2139
01:48:03.039 --> 01:48:05.560
<v Speaker 10>just five thousand erra, you can buy this coin. If

2140
01:48:05.600 --> 01:48:06.920
<v Speaker 10>you have those three thousand eerra.

2141
01:48:06.920 --> 01:48:10.199
<v Speaker 1>You can buy It can change value. It can change value.

2142
01:48:10.880 --> 01:48:13.399
<v Speaker 2>It can change value, it can change it can change

2143
01:48:13.439 --> 01:48:15.920
<v Speaker 2>value to it can change But if the US says,

2144
01:48:16.039 --> 01:48:20.279
<v Speaker 2>for if Donald Trump says bitcoin is used by I says, hence,

2145
01:48:20.479 --> 01:48:22.960
<v Speaker 2>hence hence I ban bitcoin.

2146
01:48:22.560 --> 01:48:24.680
<v Speaker 1>It's has changed value. It becomes illegal. You know, I

2147
01:48:24.760 --> 01:48:26.920
<v Speaker 1>do not I know, I know, but I know why.

2148
01:48:26.920 --> 01:48:29.000
<v Speaker 2>I know it's not gonna say that. I know it's

2149
01:48:29.039 --> 01:48:32.279
<v Speaker 2>not gonna say that, shuggle. But if he says that

2150
01:48:32.479 --> 01:48:35.279
<v Speaker 2>the value, the intrinsic value would change, that's the point

2151
01:48:35.319 --> 01:48:35.720
<v Speaker 2>I'm making.

2152
01:48:36.119 --> 01:48:37.840
<v Speaker 1>Let me get that. Folks, come in here, let me

2153
01:48:37.880 --> 01:48:42.840
<v Speaker 1>get you to add one last go ahead, man, I

2154
01:48:42.880 --> 01:48:44.039
<v Speaker 1>don't know, show go ahead.

2155
01:48:44.159 --> 01:48:44.359
<v Speaker 3>Yeah.

2156
01:48:44.479 --> 01:48:48.479
<v Speaker 22>So this this group here is I think everyone here.

2157
01:48:48.520 --> 01:48:52.079
<v Speaker 22>I'm more like written investors. And it's very important that

2158
01:48:52.880 --> 01:48:57.800
<v Speaker 22>for bitcoin, for example, being an advocate for bitcoin is

2159
01:48:57.880 --> 01:49:01.600
<v Speaker 22>absolutely very fine, but you talk more about the product,

2160
01:49:01.880 --> 01:49:04.880
<v Speaker 22>not the user experience in themselves, like how it benefited

2161
01:49:04.920 --> 01:49:09.640
<v Speaker 22>people or how it impacted people's portfolio, et cetera. One

2162
01:49:09.760 --> 01:49:14.119
<v Speaker 22>very important thing everyone have to understand is risk versus return.

2163
01:49:14.319 --> 01:49:19.720
<v Speaker 22>Here now and different as a class has variable risks

2164
01:49:19.720 --> 01:49:23.079
<v Speaker 22>and return. So depending on where you are, the question

2165
01:49:23.199 --> 01:49:25.640
<v Speaker 22>you first have to ask yourself is what am I.

2166
01:49:25.760 --> 01:49:28.279
<v Speaker 3>Really invested for? It mustn't be bit because it must

2167
01:49:28.399 --> 01:49:28.680
<v Speaker 3>be good.

2168
01:49:28.720 --> 01:49:31.119
<v Speaker 22>It mustn't be ever it is, It can be anything,

2169
01:49:31.640 --> 01:49:35.039
<v Speaker 22>but all the matters is don't put all of your

2170
01:49:35.079 --> 01:49:36.319
<v Speaker 22>eggs in one of those things.

2171
01:49:36.479 --> 01:49:36.600
<v Speaker 2>Right.

2172
01:49:36.760 --> 01:49:39.720
<v Speaker 22>In fact, even if you're investing in stocks stocks, is

2173
01:49:39.800 --> 01:49:43.239
<v Speaker 22>still a spectrum of maybe like own a giant stocks

2174
01:49:43.279 --> 01:49:47.079
<v Speaker 22>global stocks, or maybe some Omega cups or that's a

2175
01:49:47.680 --> 01:49:49.720
<v Speaker 22>mini caps or that's our MIDI cups.

2176
01:49:49.479 --> 01:49:51.680
<v Speaker 3>Et cetera, so kind of boost that wide.

2177
01:49:51.960 --> 01:49:55.359
<v Speaker 22>So if or maybe me, I'm speaking off of the

2178
01:49:55.439 --> 01:49:58.640
<v Speaker 22>angle of like an advice or in a way because

2179
01:49:59.039 --> 01:49:59.760
<v Speaker 22>I've been like in.

2180
01:49:59.800 --> 01:50:01.920
<v Speaker 3>That those you before, so it has shaped how I

2181
01:50:01.960 --> 01:50:04.039
<v Speaker 3>look at money. But we've seen a good.

2182
01:50:03.960 --> 01:50:07.479
<v Speaker 22>Number of people who are footballers sportsmen who have found

2183
01:50:07.600 --> 01:50:09.960
<v Speaker 22>their hand with this kind of ideology.

2184
01:50:09.880 --> 01:50:12.720
<v Speaker 3>Like it happens over another. So as a recent investor,

2185
01:50:13.119 --> 01:50:15.880
<v Speaker 3>just do a bit of research. It's not hard.

2186
01:50:16.039 --> 01:50:18.520
<v Speaker 22>They can just do like you can open into any

2187
01:50:18.560 --> 01:50:22.239
<v Speaker 22>of this AI explain your risk of your your life

2188
01:50:22.359 --> 01:50:24.680
<v Speaker 22>right now right if you're like on the Claudi only

2189
01:50:24.720 --> 01:50:27.279
<v Speaker 22>of this are right about your life right now, and

2190
01:50:27.720 --> 01:50:32.199
<v Speaker 22>ask it to advise you as a moderate investor like

2191
01:50:32.319 --> 01:50:35.560
<v Speaker 22>Bill Atman or Buffet stuff like that, you can see

2192
01:50:35.680 --> 01:50:38.039
<v Speaker 22>like you're going to see like a proper.

2193
01:50:37.880 --> 01:50:41.079
<v Speaker 3>Breakdown of how you can invest moderately right because.

2194
01:50:40.880 --> 01:50:43.600
<v Speaker 22>Honestly, it's very easy to say this asset is.

2195
01:50:43.600 --> 01:50:46.239
<v Speaker 3>Going to be a return. But we keep hearing bad

2196
01:50:46.319 --> 01:50:48.119
<v Speaker 3>news every day from people that are from me.

2197
01:50:48.600 --> 01:50:51.640
<v Speaker 2>Okay, hey, I think it just overall, right, guys, whatever

2198
01:50:51.840 --> 01:50:54.279
<v Speaker 2>you do, no matter the asset class, you cannot have

2199
01:50:55.600 --> 01:51:00.960
<v Speaker 2>more than say ninety percent eight any asset that's irrespective

2200
01:51:01.000 --> 01:51:04.880
<v Speaker 2>of who you are and whatever band yourself. There's a

2201
01:51:04.960 --> 01:51:10.520
<v Speaker 2>concept called asset allocation and with the research as a location,

2202
01:51:11.159 --> 01:51:13.920
<v Speaker 2>they find out that when you have a return of

2203
01:51:14.039 --> 01:51:17.560
<v Speaker 2>portfolio more than fifty percent of the reason why you're

2204
01:51:17.640 --> 01:51:20.439
<v Speaker 2>portfolio makes a profit or make a loss is how

2205
01:51:20.520 --> 01:51:22.680
<v Speaker 2>you allocate your assets. What I mean is that is,

2206
01:51:23.000 --> 01:51:26.680
<v Speaker 2>if you're setting age cettain risk profile, you have a

2207
01:51:27.039 --> 01:51:31.159
<v Speaker 2>setting objective, then you buy setting assets right if you

2208
01:51:31.239 --> 01:51:36.000
<v Speaker 2>are younger. The the what's called the framework orse you say,

2209
01:51:36.000 --> 01:51:38.840
<v Speaker 2>the delect The principle is that if you are younger,

2210
01:51:39.000 --> 01:51:43.279
<v Speaker 2>you buy equities. Why because equities like compounding, so they

2211
01:51:43.520 --> 01:51:46.560
<v Speaker 2>like time. So when you're a younger person, you are

2212
01:51:46.720 --> 01:51:50.119
<v Speaker 2>encouraged to buy equities and to ignore it because as

2213
01:51:50.199 --> 01:51:54.760
<v Speaker 2>it's compounding, inst reducing your average costing you are investing

2214
01:51:54.800 --> 01:51:58.199
<v Speaker 2>your dividends, your cost for share is falling as you

2215
01:51:58.319 --> 01:52:01.680
<v Speaker 2>are younger. But when you are older, you don't have

2216
01:52:01.960 --> 01:52:04.640
<v Speaker 2>the time to compound anymore. Because you are going to

2217
01:52:04.680 --> 01:52:07.119
<v Speaker 2>retire at say sixty five, then of course I've got

2218
01:52:07.159 --> 01:52:09.159
<v Speaker 2>to pass on. So there are advises to take your

2219
01:52:09.199 --> 01:52:12.359
<v Speaker 2>money out of equities and do fixed income and just

2220
01:52:12.640 --> 01:52:15.920
<v Speaker 2>enjoy the fixed income. It's not because fixed in come

2221
01:52:16.039 --> 01:52:19.600
<v Speaker 2>pay you more or pay you less. It's because you

2222
01:52:19.800 --> 01:52:22.439
<v Speaker 2>cannot afford to lose your money. So what I'm saying is,

2223
01:52:22.960 --> 01:52:25.319
<v Speaker 2>if you listening to the space and you want to invest, right,

2224
01:52:25.479 --> 01:52:28.159
<v Speaker 2>you have money you want to invest, you don't invest

2225
01:52:28.239 --> 01:52:31.720
<v Speaker 2>according toy. Returns you invest are current to your objective.

2226
01:52:31.880 --> 01:52:34.439
<v Speaker 2>If you want to make a lot of money, take

2227
01:52:34.600 --> 01:52:37.720
<v Speaker 2>some percentage, put it in an account and do what

2228
01:52:37.840 --> 01:52:43.119
<v Speaker 2>misterhe is doing. Go full crypto, rite, maximize it, do

2229
01:52:43.239 --> 01:52:45.560
<v Speaker 2>the leverage, do everything. But that's a part of your

2230
01:52:45.600 --> 01:52:48.760
<v Speaker 2>porfolitiy that you know. Okay, if I lose this, it's

2231
01:52:48.760 --> 01:52:51.600
<v Speaker 2>not going to affect my retirement. But if you are older,

2232
01:52:52.439 --> 01:52:54.720
<v Speaker 2>you should be very careful. The amount you're put in

2233
01:52:54.760 --> 01:52:58.159
<v Speaker 2>there doesn't main Bitcoin will make money again, it's three

2234
01:52:58.239 --> 01:52:58.920
<v Speaker 2>thousand dollars.

2235
01:52:59.159 --> 01:53:02.520
<v Speaker 1>It's that who dollar or one cent is now at

2236
01:53:02.640 --> 01:53:04.079
<v Speaker 1>eighty three thousand.

2237
01:53:04.279 --> 01:53:07.520
<v Speaker 2>The US government is now owning a bit going so

2238
01:53:07.600 --> 01:53:10.239
<v Speaker 2>we can't come and say it's not it's an asset,

2239
01:53:10.840 --> 01:53:15.279
<v Speaker 2>but you must invest according to your objectives, not according

2240
01:53:15.319 --> 01:53:20.960
<v Speaker 2>to returns. Very important point. I show you've got the flow.

2241
01:53:21.039 --> 01:53:26.760
<v Speaker 2>Thank you, sir, hil Can you hear me? Yes, I can, Yes,

2242
01:53:26.840 --> 01:53:29.520
<v Speaker 2>I can. All right, beautiful, thank you.

2243
01:53:29.680 --> 01:53:33.520
<v Speaker 3>And it's been it's been nice listening to everyone. It's

2244
01:53:33.520 --> 01:53:34.119
<v Speaker 3>been a while.

2245
01:53:36.279 --> 01:53:36.520
<v Speaker 23>Yeah.

2246
01:53:36.760 --> 01:53:41.960
<v Speaker 26>So I think, uh, one of the things that this

2247
01:53:42.119 --> 01:53:44.720
<v Speaker 26>going is always a polarizing of it, and I think

2248
01:53:44.760 --> 01:53:47.880
<v Speaker 26>that is understandable just because.

2249
01:53:47.640 --> 01:53:48.680
<v Speaker 3>Of maybe the roots of it.

2250
01:53:49.520 --> 01:53:52.159
<v Speaker 26>I do feel like the conversation here has been a

2251
01:53:52.319 --> 01:53:55.399
<v Speaker 26>devoid of saying even a little bit of focus on

2252
01:53:56.039 --> 01:53:59.319
<v Speaker 26>you know, why does it goin actually matter? I'm not

2253
01:53:59.399 --> 01:54:01.800
<v Speaker 26>in maxist of bitcoin. I work in the blockchain space

2254
01:54:01.840 --> 01:54:05.159
<v Speaker 26>that I research and all of that. I am a

2255
01:54:05.399 --> 01:54:11.439
<v Speaker 26>maxi of access, right, just creating products that give people

2256
01:54:12.720 --> 01:54:16.359
<v Speaker 26>better access, right. And I'll give an example of that

2257
01:54:16.760 --> 01:54:20.840
<v Speaker 26>I recently when I was in I was in IROGI

2258
01:54:20.880 --> 01:54:23.680
<v Speaker 26>recently and it was my first time. Then, you know,

2259
01:54:24.039 --> 01:54:28.359
<v Speaker 26>emphasized is the Domino dominance, the metal debt. I paid

2260
01:54:28.399 --> 01:54:32.720
<v Speaker 26>all shoot with stable coins and I need to worry

2261
01:54:32.760 --> 01:54:35.119
<v Speaker 26>about or getting cash here, and then it was it

2262
01:54:35.239 --> 01:54:39.960
<v Speaker 26>was simple. It was pretty simple nothing right now. And

2263
01:54:40.039 --> 01:54:42.199
<v Speaker 26>I think there are also beat kind of donatic solutions

2264
01:54:42.600 --> 01:54:45.960
<v Speaker 26>that I could have that that does that. Uh, there

2265
01:54:46.039 --> 01:54:48.479
<v Speaker 26>is not that solution that has done nothing. Else that's

2266
01:54:48.479 --> 01:54:50.640
<v Speaker 26>brought this kind of solutions in the is that it

2267
01:54:50.720 --> 01:54:54.840
<v Speaker 26>has done it so so so I said that to

2268
01:54:54.920 --> 01:54:56.840
<v Speaker 26>I answered the first question that the question I see

2269
01:54:56.840 --> 01:54:58.880
<v Speaker 26>in the space here like as crypto grown up.

2270
01:54:58.960 --> 01:55:03.520
<v Speaker 3>Yeah, it's progress, It's it's growing slowly, but I do

2271
01:55:03.720 --> 01:55:05.039
<v Speaker 3>think that it is growing up.

2272
01:55:06.560 --> 01:55:08.359
<v Speaker 26>I also think when it comes to like the subject

2273
01:55:08.479 --> 01:55:13.680
<v Speaker 26>of you know, strategic bitcoin, strategic reserve or reserve, it's

2274
01:55:13.720 --> 01:55:17.199
<v Speaker 26>also important to like understand a bit what the fundamentals are, right,

2275
01:55:17.399 --> 01:55:19.079
<v Speaker 26>why does bitcoin matter.

2276
01:55:18.960 --> 01:55:22.479
<v Speaker 3>As a form of money right not as an investment?

2277
01:55:23.279 --> 01:55:27.680
<v Speaker 26>It is an investment right now because the demand for it,

2278
01:55:28.000 --> 01:55:31.560
<v Speaker 26>it's it has not picked in demand right the day

2279
01:55:31.840 --> 01:55:35.000
<v Speaker 26>it picks in demand to the points where that you

2280
01:55:35.159 --> 01:55:36.960
<v Speaker 26>can't you can't have like.

2281
01:55:37.359 --> 01:55:39.640
<v Speaker 3>There's no wide swing between demand and supply.

2282
01:55:40.640 --> 01:55:43.479
<v Speaker 26>I think there's going to be some levels staping in

2283
01:55:43.640 --> 01:55:45.800
<v Speaker 26>today and that might that see me as a way

2284
01:55:45.800 --> 01:55:49.920
<v Speaker 26>I believe, but they I heard I was listening to

2285
01:55:50.000 --> 01:55:53.479
<v Speaker 26>the to the founder of a strike it's a bitcoin

2286
01:55:53.560 --> 01:55:55.960
<v Speaker 26>on the platform just describing.

2287
01:55:55.680 --> 01:55:59.079
<v Speaker 3>You know, why become Jack Marl Jack Marlers, Yeah.

2288
01:55:58.960 --> 01:56:03.800
<v Speaker 26>Jack Mallers. And it had like the most brilliant I

2289
01:56:03.840 --> 01:56:07.840
<v Speaker 26>think if you saf you go to us is Twitter's accounts,

2290
01:56:07.920 --> 01:56:11.960
<v Speaker 26>you would see that particular podcast, and I thought it

2291
01:56:12.079 --> 01:56:14.159
<v Speaker 26>was very brilliant the way it presented it and what

2292
01:56:14.279 --> 01:56:16.560
<v Speaker 26>he was telling saying bhysically is there is when you work,

2293
01:56:17.079 --> 01:56:21.720
<v Speaker 26>you're exchanging your time for money, right so uh, and

2294
01:56:21.960 --> 01:56:24.680
<v Speaker 26>that is money has always been a medium of exchange

2295
01:56:24.680 --> 01:56:27.279
<v Speaker 26>of value, right, so when you and you need to

2296
01:56:27.359 --> 01:56:29.800
<v Speaker 26>find a way to retain that value, to suppore that value.

2297
01:56:30.279 --> 01:56:33.119
<v Speaker 26>The problem is that the current form of money we have,

2298
01:56:33.960 --> 01:56:37.359
<v Speaker 26>the Mayra of the US, the the problem over the

2299
01:56:37.560 --> 01:56:38.720
<v Speaker 26>years to not the.

2300
01:56:38.920 --> 01:56:41.079
<v Speaker 3>Strong at retaining value.

2301
01:56:41.199 --> 01:56:45.079
<v Speaker 26>Now I spend my time to just a confirmedenisty hearing,

2302
01:56:45.479 --> 01:56:50.680
<v Speaker 26>yes right, okay, great, So I spend my time an

2303
01:56:50.840 --> 01:56:53.359
<v Speaker 26>entire year to earn money. And we're facing that in

2304
01:56:53.439 --> 01:56:54.159
<v Speaker 26>Nigeria right now.

2305
01:56:54.439 --> 01:56:55.279
<v Speaker 3>A lot of people.

2306
01:56:55.119 --> 01:56:57.119
<v Speaker 26>Cannot afford where you can afford a few years ago

2307
01:56:57.279 --> 01:57:00.520
<v Speaker 26>just because of the currency situation. Because the economy, uh,

2308
01:57:00.960 --> 01:57:05.720
<v Speaker 26>it's not strong enough to like to support a stronger currency.

2309
01:57:06.119 --> 01:57:08.159
<v Speaker 26>So a lot of people have lost their buying power

2310
01:57:08.239 --> 01:57:11.560
<v Speaker 26>over the over over the years. Uh, people are having

2311
01:57:11.600 --> 01:57:14.159
<v Speaker 26>to like to leave and we we've read stories over

2312
01:57:14.199 --> 01:57:18.680
<v Speaker 26>how people have plunged into into poverty over the last

2313
01:57:18.760 --> 01:57:22.199
<v Speaker 26>few years. And the problem is because money, the current

2314
01:57:22.279 --> 01:57:25.760
<v Speaker 26>part structure, comes into a good job at retaining value.

2315
01:57:26.199 --> 01:57:29.520
<v Speaker 26>Right And what so what bigcoin seeks to do is

2316
01:57:29.600 --> 01:57:30.560
<v Speaker 26>to solve that problem.

2317
01:57:31.119 --> 01:57:33.680
<v Speaker 3>Right. Can we have money that if.

2318
01:57:33.560 --> 01:57:38.319
<v Speaker 26>I stopped so for example, I keep ah, well, let's

2319
01:57:38.319 --> 01:57:44.039
<v Speaker 26>say if I keep one one one goal, let's say

2320
01:57:44.319 --> 01:57:47.239
<v Speaker 26>a barrow of gold somewhere out linted that right, maybe

2321
01:57:47.319 --> 01:57:50.880
<v Speaker 26>the value would depending on what is collecting it from me,

2322
01:57:50.960 --> 01:57:53.399
<v Speaker 26>the value that have gone up or down in terms

2323
01:57:53.439 --> 01:57:56.640
<v Speaker 26>of what they see. But it stalks value in an

2324
01:57:56.680 --> 01:57:57.520
<v Speaker 26>interesting way.

2325
01:57:57.800 --> 01:57:59.560
<v Speaker 3>Right, And that is what bigcoin is about. And I

2326
01:57:59.600 --> 01:58:02.800
<v Speaker 3>think that is the entire places behind it, right, and.

2327
01:58:03.159 --> 01:58:05.680
<v Speaker 26>Something that I always like to tell anybody because it

2328
01:58:05.760 --> 01:58:08.319
<v Speaker 26>feels like I come from a financial background myself. I

2329
01:58:08.479 --> 01:58:13.039
<v Speaker 26>was an equity research analyst for about ten years, right,

2330
01:58:13.119 --> 01:58:15.159
<v Speaker 26>and I first heard about bcoin into meditating like this,

2331
01:58:15.399 --> 01:58:18.399
<v Speaker 26>I discarded it as a ponzi because again, we have

2332
01:58:18.479 --> 01:58:21.359
<v Speaker 26>these questions about what is the earnings? Does it generate

2333
01:58:21.399 --> 01:58:23.159
<v Speaker 26>to you and all of that that is not the

2334
01:58:23.279 --> 01:58:26.039
<v Speaker 26>design of bitcoin, right, if you need to like understand

2335
01:58:26.079 --> 01:58:27.520
<v Speaker 26>why so it took me a lot of four years

2336
01:58:27.560 --> 01:58:29.600
<v Speaker 26>to like go back to like understand even the history

2337
01:58:29.640 --> 01:58:31.960
<v Speaker 26>of money. When you find out that, for example, money

2338
01:58:32.000 --> 01:58:34.359
<v Speaker 26>has never been an invention of a government. Government took

2339
01:58:34.399 --> 01:58:37.520
<v Speaker 26>over money for different reasons across the world. Money is

2340
01:58:37.560 --> 01:58:42.920
<v Speaker 26>an invention of trade, right, And if we think that money,

2341
01:58:43.159 --> 01:58:46.119
<v Speaker 26>the current money we have, governmentation money is going to

2342
01:58:46.199 --> 01:58:48.960
<v Speaker 26>be you know, it's just understanding from that dimension that

2343
01:58:49.520 --> 01:58:51.439
<v Speaker 26>you know, changed my own work. That is why I

2344
01:58:51.560 --> 01:58:55.159
<v Speaker 26>chose to work in the space. I also work when

2345
01:58:55.199 --> 01:58:58.359
<v Speaker 26>it comes to access. Like I said, I worked in

2346
01:58:58.840 --> 01:59:01.079
<v Speaker 26>I worked for a lot of a Marria confirms over

2347
01:59:01.159 --> 01:59:04.279
<v Speaker 26>the years and as far back as say twenty ten,

2348
01:59:04.319 --> 01:59:06.479
<v Speaker 26>the only way I could get paid when I work.

2349
01:59:07.800 --> 01:59:09.039
<v Speaker 3>Was pioneered. Right.

2350
01:59:09.119 --> 01:59:12.119
<v Speaker 26>I got looked out of like great opportunities globally because

2351
01:59:12.239 --> 01:59:13.640
<v Speaker 26>I couldn't access paper.

2352
01:59:14.159 --> 01:59:15.520
<v Speaker 3>Right. I've shared this many times.

2353
01:59:15.600 --> 01:59:18.960
<v Speaker 26>I couldn't invest in stocks like test Lab as early,

2354
01:59:19.079 --> 01:59:21.720
<v Speaker 26>even when even I knew about them early, just because

2355
01:59:21.760 --> 01:59:25.720
<v Speaker 26>of my location. What big coin does, were blockchain does,

2356
01:59:25.840 --> 01:59:28.560
<v Speaker 26>is opening it up or access right now, there's a

2357
01:59:28.640 --> 01:59:33.439
<v Speaker 26>problem in the space where because money is unlike most

2358
01:59:34.039 --> 01:59:36.199
<v Speaker 26>industries where you kind of have to dig out the

2359
01:59:36.319 --> 01:59:40.680
<v Speaker 26>money right by solving a problem. The money came first, right,

2360
01:59:40.840 --> 01:59:42.479
<v Speaker 26>And I feel like a lot of people in the

2361
01:59:42.520 --> 01:59:45.000
<v Speaker 26>space are that motivated to like.

2362
01:59:45.399 --> 01:59:48.600
<v Speaker 3>Build problems solving solutions.

2363
01:59:48.640 --> 01:59:50.600
<v Speaker 1>But yeah, I'll just keep it that help and make

2364
01:59:50.680 --> 01:59:53.880
<v Speaker 1>some sense. So question for you, is bitcoin a hedge

2365
01:59:54.000 --> 01:59:55.279
<v Speaker 1>against inflation.

2366
01:59:57.520 --> 01:59:59.439
<v Speaker 3>When we look at it over time?

2367
02:00:00.159 --> 02:00:02.560
<v Speaker 26>Should I say a couple of years time for yes,

2368
02:00:03.119 --> 02:00:05.000
<v Speaker 26>that's performed gates envision.

2369
02:00:05.199 --> 02:00:06.800
<v Speaker 1>No, But that's not a question. That's not the question.

2370
02:00:06.840 --> 02:00:10.039
<v Speaker 2>The question is is it a hedge? Because I think

2371
02:00:10.079 --> 02:00:12.479
<v Speaker 2>there's a confusion. I'm talking to a guy on Twitter.

2372
02:00:12.640 --> 02:00:16.399
<v Speaker 2>The guy says bitcoin is a hedge. I go, bitcoin

2373
02:00:16.640 --> 02:00:22.680
<v Speaker 2>is not a hedge. The price appreciates when other asset

2374
02:00:22.760 --> 02:00:26.600
<v Speaker 2>classes have fallen. But a hedge, as you know it hedges,

2375
02:00:27.520 --> 02:00:31.319
<v Speaker 2>one goes up. That's a negative correlation. One goes up,

2376
02:00:31.720 --> 02:00:35.199
<v Speaker 2>the other one goes down. So big bonds and equities

2377
02:00:35.239 --> 02:00:39.079
<v Speaker 2>are hedges. If bonds goes up, equities tend to go down.

2378
02:00:39.279 --> 02:00:42.600
<v Speaker 2>Oil and the dollar are hedges. You know, if oil

2379
02:00:42.600 --> 02:00:45.279
<v Speaker 2>is going up, goals is going down. But I think

2380
02:00:45.319 --> 02:00:49.079
<v Speaker 2>people are confusing the price appreciation like a shouldn't first

2381
02:00:49.199 --> 02:00:53.520
<v Speaker 2>tell you Bitcoin has gotten about it billions percentage return

2382
02:00:54.159 --> 02:00:55.800
<v Speaker 2>and the dollar has crashed.

2383
02:00:56.960 --> 02:00:59.960
<v Speaker 1>So folks who now say, oh, bitcoin.

2384
02:00:59.600 --> 02:01:03.880
<v Speaker 2>Is against the dollar, But bitcoin is perfectly correlated with

2385
02:01:04.000 --> 02:01:04.640
<v Speaker 2>the NASDAK.

2386
02:01:05.720 --> 02:01:09.119
<v Speaker 1>So if it's perfectly correlated with the nasdak, how can

2387
02:01:09.159 --> 02:01:09.840
<v Speaker 1>it be a hedge.

2388
02:01:11.119 --> 02:01:13.319
<v Speaker 3>So if you say, but you just said now that

2389
02:01:14.560 --> 02:01:19.439
<v Speaker 3>equities a definition, right, I didn't say so, or what

2390
02:01:19.520 --> 02:01:20.000
<v Speaker 3>did you say?

2391
02:01:21.680 --> 02:01:26.640
<v Speaker 2>I said, bones and bonds and equities. If bonds go up,

2392
02:01:26.840 --> 02:01:30.600
<v Speaker 2>equities go down, negative correlation. So if I want to

2393
02:01:30.720 --> 02:01:33.880
<v Speaker 2>hedge my bond position, I buy equities. If I want

2394
02:01:33.920 --> 02:01:37.279
<v Speaker 2>to hedge my So that's a natural hedge, I e.

2395
02:01:37.439 --> 02:01:40.880
<v Speaker 2>Negative correlation. They don't go in the same the same way. Oil,

2396
02:01:41.000 --> 02:01:43.399
<v Speaker 2>for instance, would be a natural hedge hedge to say

2397
02:01:43.439 --> 02:01:47.680
<v Speaker 2>tesla if evies do well, the internal combustion engines don't

2398
02:01:47.720 --> 02:01:48.439
<v Speaker 2>do well, so.

2399
02:01:48.560 --> 02:01:51.199
<v Speaker 1>They are negatively correlated, going the opposite to it.

2400
02:01:52.079 --> 02:01:57.680
<v Speaker 2>But with bitcoin, bitcoin and NASDAK are positively correlated. If

2401
02:01:58.319 --> 02:02:01.640
<v Speaker 2>if today's topic it goes down, basically gonna go down.

2402
02:02:01.760 --> 02:02:02.760
<v Speaker 2>That's what we're seeing today.

2403
02:02:03.119 --> 02:02:06.399
<v Speaker 26>Well, you're not edging against the stock markets with base coin, though,

2404
02:02:06.880 --> 02:02:10.840
<v Speaker 26>what am I edging against? You're you're aging against coin series,

2405
02:02:11.760 --> 02:02:15.319
<v Speaker 26>so edging against the money, your brand being losing BALI

2406
02:02:15.479 --> 02:02:16.239
<v Speaker 26>that's what your agent it.

2407
02:02:16.359 --> 02:02:18.720
<v Speaker 2>Is, Okay, So let's go to that. It is a

2408
02:02:18.880 --> 02:02:21.840
<v Speaker 2>crisis in the world. What's the sist assets people go to?

2409
02:02:22.279 --> 02:02:24.680
<v Speaker 2>Is it Bitcoin or is the US dollar?

2410
02:02:27.920 --> 02:02:31.800
<v Speaker 3>Rout all film hold on Mary Block, shout out to

2411
02:02:31.840 --> 02:02:35.319
<v Speaker 3>you man coin. Basically you tweeted your tweets. I don't

2412
02:02:35.319 --> 02:02:39.479
<v Speaker 3>know if you saw it. Recently, brand Armstrong quoted your tweet.

2413
02:02:39.239 --> 02:02:43.199
<v Speaker 10>About c Engo and I haven't been able to give

2414
02:02:43.239 --> 02:02:44.560
<v Speaker 10>you a shout out for that. And that was a

2415
02:02:44.600 --> 02:02:47.720
<v Speaker 10>beautiful writer that you. They wrote, but unfortunately you didn't.

2416
02:02:47.760 --> 02:02:49.520
<v Speaker 10>You didn't make it to the Niger big kind of conference.

2417
02:02:49.800 --> 02:02:52.039
<v Speaker 3>I don't know why it would happened. But it's good

2418
02:02:52.039 --> 02:02:53.159
<v Speaker 3>to see you here on carloge Space.

2419
02:02:53.159 --> 02:02:55.159
<v Speaker 27>That's where you see most of the top players in

2420
02:02:55.199 --> 02:02:58.359
<v Speaker 27>the space, because I mean, colors are big man, Okay,

2421
02:02:58.399 --> 02:03:03.439
<v Speaker 27>So it will break down in Nigeria, in America anywhere today.

2422
02:03:04.039 --> 02:03:05.239
<v Speaker 3>Why do you want to go for the US or

2423
02:03:05.359 --> 02:03:05.640
<v Speaker 3>let's just.

2424
02:03:06.520 --> 02:03:08.680
<v Speaker 2>I'll not I gave this so I'm saying that as

2425
02:03:08.720 --> 02:03:12.439
<v Speaker 2>a fact if war breaks out anywhere on Earth, dollars

2426
02:03:12.520 --> 02:03:16.159
<v Speaker 2>go up, Bitcoin goes down. I'm not argaining. I'm just saying,

2427
02:03:16.279 --> 02:03:18.520
<v Speaker 2>just pull it up. We're not arguing. I'm not saying

2428
02:03:18.560 --> 02:03:21.359
<v Speaker 2>what you should do. I'm saying what happens you know why?

2429
02:03:22.000 --> 02:03:24.399
<v Speaker 3>Yeah? Yeah, I understand you, right, But so let me

2430
02:03:24.439 --> 02:03:27.199
<v Speaker 3>paint something to you. What WO was trying to establish.

2431
02:03:29.960 --> 02:03:35.840
<v Speaker 10>Dollars the US dollars is practically the widely most used

2432
02:03:36.880 --> 02:03:43.479
<v Speaker 10>reserve currency in the world today. But let's be realistic.

2433
02:03:45.199 --> 02:03:47.920
<v Speaker 10>If war breaks out now, which we have all now

2434
02:03:48.000 --> 02:03:50.319
<v Speaker 10>come a few of us, not a lot of a

2435
02:03:50.399 --> 02:03:54.520
<v Speaker 10>few of US. I have now come to realize if

2436
02:03:55.720 --> 02:03:58.439
<v Speaker 10>how many US dollars would you be able to lay

2437
02:03:58.479 --> 02:03:59.760
<v Speaker 10>your hands on use Ukraine?

2438
02:04:00.520 --> 02:04:01.279
<v Speaker 3>No, I don't know.

2439
02:04:03.680 --> 02:04:03.960
<v Speaker 1>Check out.

2440
02:04:04.439 --> 02:04:05.239
<v Speaker 3>No you are.

2441
02:04:05.880 --> 02:04:08.399
<v Speaker 2>You are arguing a fact that is as already established

2442
02:04:08.640 --> 02:04:11.079
<v Speaker 2>history and data points. The point I'm making is this,

2443
02:04:11.840 --> 02:04:15.600
<v Speaker 2>any time there's crisis in the world, any time, not today,

2444
02:04:15.720 --> 02:04:20.119
<v Speaker 2>not yesterday, any time, the dollar, the ten year dollar

2445
02:04:20.279 --> 02:04:23.359
<v Speaker 2>bond will go up in price. The vics will go

2446
02:04:23.600 --> 02:04:26.479
<v Speaker 2>up in price because traders will run to the safety

2447
02:04:27.159 --> 02:04:32.039
<v Speaker 2>of the US dollar. Bitcoin will fall, stocks will fall.

2448
02:04:32.680 --> 02:04:37.640
<v Speaker 2>Bitcoin is positively correlated to the NASDAK In this, I.

2449
02:04:37.720 --> 02:04:44.239
<v Speaker 3>Know banks will definitely be dollar, but the point is

2450
02:04:44.319 --> 02:04:45.880
<v Speaker 3>that it is the fact.

2451
02:04:46.720 --> 02:04:49.560
<v Speaker 1>Yeah, that's what I'm not argue. I'm saying, this is

2452
02:04:49.600 --> 02:04:50.279
<v Speaker 1>what would happen.

2453
02:04:50.479 --> 02:04:51.479
<v Speaker 3>That's what I was going to say.

2454
02:04:51.680 --> 02:04:54.800
<v Speaker 2>So the point I'm making that when we say we're hedging,

2455
02:04:55.359 --> 02:04:59.680
<v Speaker 2>if I have a portfolio to that, I have maybe equities, bonds, oil,

2456
02:05:00.039 --> 02:05:04.520
<v Speaker 2>the real estate. Okay, so if I have a portfolio

2457
02:05:04.560 --> 02:05:09.399
<v Speaker 2>of four equities, bonds, oil, property, what do I hate

2458
02:05:09.439 --> 02:05:10.760
<v Speaker 2>you to it with this four things?

2459
02:05:14.359 --> 02:05:16.399
<v Speaker 1>That's it. That's that's the point I'm going That's that's

2460
02:05:16.439 --> 02:05:16.920
<v Speaker 1>what I'm saying.

2461
02:05:19.199 --> 02:05:22.479
<v Speaker 2>The gold is the hedge because the goal price will

2462
02:05:22.520 --> 02:05:25.319
<v Speaker 2>not go up or it's just stay it's just stay

2463
02:05:25.439 --> 02:05:26.479
<v Speaker 2>boring and stable.

2464
02:05:26.920 --> 02:05:29.800
<v Speaker 1>But if the market crashes, gold stays boring and stable.

2465
02:05:29.840 --> 02:05:32.000
<v Speaker 2>It goes It doesn't go up, but the other assets

2466
02:05:32.079 --> 02:05:34.560
<v Speaker 2>going down pull it up because the two way quotes.

2467
02:05:35.119 --> 02:05:39.000
<v Speaker 2>So if I buy gold today again, I use my

2468
02:05:39.079 --> 02:05:41.960
<v Speaker 2>dollar and I buy gold, then gold goes then dollar

2469
02:05:42.039 --> 02:05:45.199
<v Speaker 2>goes up in price, down in price, then gold automatically

2470
02:05:45.279 --> 02:05:46.880
<v Speaker 2>goes up in two way quotes.

2471
02:05:47.239 --> 02:05:51.000
<v Speaker 1>So it's not that gold had new intrinsic value attached.

2472
02:05:51.039 --> 02:05:54.199
<v Speaker 2>It is that dollar crashed, and because the negative correlation

2473
02:05:54.359 --> 02:05:56.920
<v Speaker 2>is hedge, it goes up. So I'm going back to

2474
02:05:57.000 --> 02:05:59.319
<v Speaker 2>my point. So the question I ask is is bitcoin

2475
02:05:59.479 --> 02:06:03.239
<v Speaker 2>a hedge and inflation is not. It gives you more money,

2476
02:06:04.039 --> 02:06:05.680
<v Speaker 2>but that's not what the hedge means.

2477
02:06:06.359 --> 02:06:08.039
<v Speaker 11>And it's called age.

2478
02:06:08.840 --> 02:06:10.439
<v Speaker 5>It's called age against inflation.

2479
02:06:10.800 --> 02:06:13.520
<v Speaker 1>Is that what you're saying, Yes, I'm asking. I'm saying

2480
02:06:13.560 --> 02:06:13.920
<v Speaker 1>it's not.

2481
02:06:14.800 --> 02:06:17.680
<v Speaker 3>It's don't while I desire so that give my own

2482
02:06:17.800 --> 02:06:18.399
<v Speaker 3>business work.

2483
02:06:18.520 --> 02:06:21.600
<v Speaker 11>So it depends like what you do.

2484
02:06:21.720 --> 02:06:22.920
<v Speaker 3>That you said makes sense.

2485
02:06:23.319 --> 02:06:27.039
<v Speaker 12>But now you look at on the spectrum, like inflation

2486
02:06:27.319 --> 02:06:31.800
<v Speaker 12>has been on the rise, you know, and bitcoin.

2487
02:06:31.439 --> 02:06:32.279
<v Speaker 3>Has been on the rise.

2488
02:06:32.560 --> 02:06:35.720
<v Speaker 12>That's negative, not right when you understand right, the value

2489
02:06:35.720 --> 02:06:36.680
<v Speaker 12>of bitcoin.

2490
02:06:36.560 --> 02:06:38.920
<v Speaker 5>Has surpassed the increasing inflation.

2491
02:06:40.000 --> 02:06:44.520
<v Speaker 3>So definitely the value of the value of what you

2492
02:06:44.600 --> 02:06:45.119
<v Speaker 3>were getting.

2493
02:06:45.439 --> 02:06:50.319
<v Speaker 12>For example, the value of bitcoin now has surpassive the

2494
02:06:50.479 --> 02:06:52.560
<v Speaker 12>value of the dollars empower.

2495
02:06:53.159 --> 02:06:55.439
<v Speaker 3>If you look at the doors, the power in twenty

2496
02:06:55.439 --> 02:06:57.960
<v Speaker 3>twenty four has dropped lower.

2497
02:06:58.159 --> 02:07:03.640
<v Speaker 12>That wasn't twenty two, but bitcoin over that period has increased.

2498
02:07:06.640 --> 02:07:10.039
<v Speaker 2>Okay, I mean, I hear you. But when Biden was

2499
02:07:10.079 --> 02:07:13.880
<v Speaker 2>the president and we had inflation, what's bitcoin doing? I

2500
02:07:14.119 --> 02:07:16.800
<v Speaker 2>was not doing so well, right, which which talks did

2501
02:07:16.840 --> 02:07:20.560
<v Speaker 2>which stocks did well? So I mean that is out there.

2502
02:07:20.600 --> 02:07:22.079
<v Speaker 2>I'm just saying that. You know, if you look at

2503
02:07:22.119 --> 02:07:26.680
<v Speaker 2>the bitcoin and and nasdak, it's correlated. And so I

2504
02:07:26.800 --> 02:07:29.439
<v Speaker 2>means we can take stocks and replace stock with bitcoin,

2505
02:07:29.560 --> 02:07:32.720
<v Speaker 2>or NAST can replace NASDAK with people.

2506
02:07:32.600 --> 02:07:35.359
<v Speaker 3>Did actually okay, yeah, okay.

2507
02:07:35.560 --> 02:07:41.000
<v Speaker 12>As over US talks is that like you know, managers

2508
02:07:41.039 --> 02:07:44.840
<v Speaker 12>for example, do have access to buy your talk directly,

2509
02:07:45.279 --> 02:07:48.159
<v Speaker 12>So people has that white diryage in terms of the

2510
02:07:48.239 --> 02:07:51.359
<v Speaker 12>fact that okay, yeah, you would say direct condition.

2511
02:07:51.560 --> 02:07:55.279
<v Speaker 3>But bitcoins why whatever? That you can buy bitcoin do

2512
02:07:55.960 --> 02:07:56.520
<v Speaker 3>quest proper.

2513
02:07:56.840 --> 02:07:59.279
<v Speaker 12>But in America different us is a form of ID

2514
02:07:59.800 --> 02:08:03.520
<v Speaker 12>or cover, but you get exposed to the market.

2515
02:08:03.720 --> 02:08:07.039
<v Speaker 2>Okay, So again just to question I'm asking, right, So

2516
02:08:07.239 --> 02:08:09.760
<v Speaker 2>if if you before there was bitcoin, what.

2517
02:08:10.039 --> 02:08:12.960
<v Speaker 1>Was the hedge people would buy for a portfolio. It

2518
02:08:13.119 --> 02:08:13.680
<v Speaker 1>is to be gold.

2519
02:08:14.159 --> 02:08:15.960
<v Speaker 2>So if you have a portfolio, usually going to be

2520
02:08:16.039 --> 02:08:19.720
<v Speaker 2>fixed income and variable income, So fixing come will be

2521
02:08:19.800 --> 02:08:23.279
<v Speaker 2>your bonds, your property, fixed income, your variable are going

2522
02:08:23.319 --> 02:08:25.520
<v Speaker 2>to be your equities and anything that does not pay

2523
02:08:25.560 --> 02:08:27.840
<v Speaker 2>you a fix of return. That was so the normal

2524
02:08:28.000 --> 02:08:31.199
<v Speaker 2>hedge used to buy was gold. Because gold just sits there.

2525
02:08:31.720 --> 02:08:34.319
<v Speaker 2>It just sits there, and it protects your porfloence goes

2526
02:08:34.439 --> 02:08:38.439
<v Speaker 2>up and down. Now bitcoin was now quoted as digital gold,

2527
02:08:38.760 --> 02:08:41.600
<v Speaker 2>and folks are saying, if you buy bitcoin, you are

2528
02:08:41.760 --> 02:08:45.000
<v Speaker 2>hedging a portfolio, a traditional portfolio. But how can it

2529
02:08:45.119 --> 02:08:50.479
<v Speaker 2>be a hedge when bitcoin? Bitcoin is the same with equities.

2530
02:08:50.680 --> 02:08:53.840
<v Speaker 3>Bitcoin act this question multiple times and I want to

2531
02:08:53.880 --> 02:08:54.279
<v Speaker 3>book at.

2532
02:08:56.239 --> 02:08:58.439
<v Speaker 2>I'm not saying doesn't make money. I'm not saying you

2533
02:08:58.439 --> 02:09:01.840
<v Speaker 2>wouldn't make money. I'm saying it goes equity.

2534
02:09:01.920 --> 02:09:03.920
<v Speaker 10>They said there was something to do me. They said

2535
02:09:03.920 --> 02:09:08.039
<v Speaker 10>if you pay attention to what he said. Look, you know,

2536
02:09:08.239 --> 02:09:11.159
<v Speaker 10>if you're very first of all, let me start like this.

2537
02:09:13.399 --> 02:09:14.000
<v Speaker 3>How do I put it?

2538
02:09:15.119 --> 02:09:15.479
<v Speaker 1>You can?

2539
02:09:15.920 --> 02:09:18.840
<v Speaker 3>This is how to argue this right. Bitcoin has a

2540
02:09:19.000 --> 02:09:21.680
<v Speaker 3>fixed supply of twenty one million.

2541
02:09:22.880 --> 02:09:27.279
<v Speaker 10>Coins and it is hard coded into the bitcoin blockchain,

2542
02:09:27.319 --> 02:09:28.439
<v Speaker 10>the Bitcoin protocol.

2543
02:09:28.920 --> 02:09:32.039
<v Speaker 3>Unlike fiat currencies, where the.

2544
02:09:32.279 --> 02:09:35.520
<v Speaker 10>Banks, I mean the apex banks, central banks can print

2545
02:09:35.840 --> 02:09:42.600
<v Speaker 10>money like Nayra trash money like US dollar during QE

2546
02:09:43.600 --> 02:09:47.680
<v Speaker 10>quantitative easy. We all know that it prints money. The

2547
02:09:47.880 --> 02:09:52.840
<v Speaker 10>bitcoin scarcity me makes that of gold as a start

2548
02:09:52.920 --> 02:10:01.319
<v Speaker 10>of value. It's erods inflation, it's eroads inflation sham. You know,

2549
02:10:01.640 --> 02:10:05.800
<v Speaker 10>so it's going to basically help you strengthen your purchase.

2550
02:10:07.600 --> 02:10:15.000
<v Speaker 1>Yeah, okay, But the question, the question, the question is this.

2551
02:10:15.960 --> 02:10:16.800
<v Speaker 1>The question is this.

2552
02:10:17.880 --> 02:10:21.840
<v Speaker 2>If you cannot be a hedge, if you fall when

2553
02:10:21.880 --> 02:10:27.159
<v Speaker 2>there's uncertainty, you cannot. You can't say you're a hedge

2554
02:10:27.359 --> 02:10:31.239
<v Speaker 2>if you the value falls when there is uncertainty.

2555
02:10:31.399 --> 02:10:34.720
<v Speaker 1>Appyble, what's your taking on this? Can you can you

2556
02:10:34.840 --> 02:10:35.520
<v Speaker 1>be a hedge?

2557
02:10:35.840 --> 02:10:49.159
<v Speaker 3>No? No, no, I think that.

2558
02:10:51.520 --> 02:10:52.600
<v Speaker 1>Apple am muteing you.

2559
02:10:54.560 --> 02:10:55.399
<v Speaker 3>It's not edge.

2560
02:10:56.800 --> 02:10:58.800
<v Speaker 1>I think we're not the probens that we're not. We're

2561
02:10:58.840 --> 02:11:01.520
<v Speaker 1>not defining what the hell is that's the that's what

2562
02:11:01.720 --> 02:11:01.960
<v Speaker 1>that's all.

2563
02:11:02.000 --> 02:11:05.359
<v Speaker 12>I jazy negative coalition exactly.

2564
02:11:05.720 --> 02:11:09.560
<v Speaker 2>So if it's a negative correlation, then it should not

2565
02:11:09.920 --> 02:11:12.199
<v Speaker 2>fall when the markets are falling.

2566
02:11:13.760 --> 02:11:17.560
<v Speaker 3>That's why. That's that's why people anti market. It's not

2567
02:11:17.640 --> 02:11:18.920
<v Speaker 3>your anti market age.

2568
02:11:19.279 --> 02:11:22.520
<v Speaker 5>But you measured yourtationary and that was why I said, that's.

2569
02:11:22.399 --> 02:11:23.319
<v Speaker 3>The literal one.

2570
02:11:24.520 --> 02:11:27.079
<v Speaker 2>What inflection always comes with the bad economy. So that's

2571
02:11:27.119 --> 02:11:29.239
<v Speaker 2>the point I'm making. If today we hear that the US,

2572
02:11:29.359 --> 02:11:31.840
<v Speaker 2>the US inflation is five percent.

2573
02:11:33.319 --> 02:11:36.760
<v Speaker 12>Cat history. You're talking about America because you're as fast market.

2574
02:11:37.960 --> 02:11:44.520
<v Speaker 28>If there's no infessially in China, but there's no inficient

2575
02:11:44.600 --> 02:11:47.680
<v Speaker 28>in China this definition, I know, but they don't have

2576
02:11:47.760 --> 02:11:48.720
<v Speaker 28>this inflation as well.

2577
02:11:48.840 --> 02:11:49.760
<v Speaker 1>It's Japan.

2578
02:11:50.119 --> 02:11:53.600
<v Speaker 3>I think of Japan what generally is But generally.

2579
02:11:53.479 --> 02:11:56.359
<v Speaker 12>Like you know, in the years, inficial is usually low,

2580
02:11:57.039 --> 02:11:59.600
<v Speaker 12>and that's because of very efficient accagement.

2581
02:11:59.760 --> 02:12:03.199
<v Speaker 3>Yeah, reserve currency, but you know you can't use that.

2582
02:12:03.439 --> 02:12:05.760
<v Speaker 5>You can't used to do that, as you can't use

2583
02:12:06.279 --> 02:12:08.840
<v Speaker 5>here to say that to keep any nation.

2584
02:12:09.840 --> 02:12:13.640
<v Speaker 2>Any nation that has high inflation has a serious economic problem,

2585
02:12:13.800 --> 02:12:16.199
<v Speaker 2>any nation on earth. There is no nation on earth

2586
02:12:16.279 --> 02:12:19.039
<v Speaker 2>to double this inflation that the economy is doing well.

2587
02:12:19.720 --> 02:12:22.880
<v Speaker 2>It correlates. So when I say your inflation.

2588
02:12:23.479 --> 02:12:25.680
<v Speaker 3>Yeah yeah, yeah, thanks you for example.

2589
02:12:26.239 --> 02:12:29.199
<v Speaker 1>There's no nation that has double this inflation. The economy

2590
02:12:29.239 --> 02:12:33.239
<v Speaker 1>is doing well. Learned that there's no Let's let's work

2591
02:12:33.319 --> 02:12:33.600
<v Speaker 1>what more?

2592
02:12:33.680 --> 02:12:36.279
<v Speaker 2>What more of pleasant and mister Eric, let's do mister Eric,

2593
02:12:36.800 --> 02:12:39.479
<v Speaker 2>your hands so Eric go ahead, please, mister Eric, go ahead?

2594
02:12:40.960 --> 02:12:45.520
<v Speaker 3>Probably thank you, Yes, I can gracefully, specially.

2595
02:12:45.119 --> 02:12:47.239
<v Speaker 11>As because I think.

2596
02:12:48.840 --> 02:12:52.680
<v Speaker 29>I'll keep you very brief. Said everything that used to

2597
02:12:52.800 --> 02:13:00.159
<v Speaker 29>say respect true inflation and the price coronatility. I think

2598
02:13:00.199 --> 02:13:02.880
<v Speaker 29>I remember being in this place in twenty twenty.

2599
02:13:02.760 --> 02:13:06.479
<v Speaker 3>Two when this coin crashed last time, and it.

2600
02:13:06.560 --> 02:13:09.880
<v Speaker 29>Is studied here was a year that invested thirteen thousand

2601
02:13:09.920 --> 02:13:13.560
<v Speaker 29>dollars in He's now going called Luna tell you any

2602
02:13:13.640 --> 02:13:16.520
<v Speaker 29>I think I can't remember, and he crashed. He's going

2603
02:13:16.560 --> 02:13:19.760
<v Speaker 29>across from forty thousands, I think seven seven thousand.

2604
02:13:19.880 --> 02:13:23.000
<v Speaker 3>She lost everything, so to say, and that was the

2605
02:13:23.119 --> 02:13:26.279
<v Speaker 3>their case there. There a lot of things have happened

2606
02:13:26.319 --> 02:13:27.640
<v Speaker 3>to twenty two.

2607
02:13:28.039 --> 02:13:29.479
<v Speaker 11>The United States SEC.

2608
02:13:30.039 --> 02:13:31.399
<v Speaker 3>Chairman has been replaced.

2609
02:13:32.039 --> 02:13:35.199
<v Speaker 29>Engineering SEC chairman has been replaced as that time now

2610
02:13:36.279 --> 02:13:37.319
<v Speaker 29>by eventually.

2611
02:13:36.880 --> 02:13:40.039
<v Speaker 3>Of the kind of work I do. This band connectict

2612
02:13:40.079 --> 02:13:42.399
<v Speaker 3>you doctor sem Gamad, current.

2613
02:13:42.359 --> 02:13:45.800
<v Speaker 29>SEC chairman, and she say, like I said the lorts,

2614
02:13:45.800 --> 02:13:47.520
<v Speaker 29>you're gonna have said what music said. But he is

2615
02:13:47.760 --> 02:13:52.960
<v Speaker 29>very bullish in terms of hutstanding and direction of views

2616
02:13:53.000 --> 02:13:54.920
<v Speaker 29>in terms of what needs to be done us bit coin.

2617
02:13:56.119 --> 02:14:00.079
<v Speaker 29>This coin has been solutified as an assets.

2618
02:13:59.800 --> 02:14:02.760
<v Speaker 3>Clients, so things are being done.

2619
02:14:02.840 --> 02:14:05.760
<v Speaker 29>Changes are being made to make sure the mistakes that

2620
02:14:05.800 --> 02:14:10.119
<v Speaker 29>were made on the previous leadership or previously being god

2621
02:14:10.199 --> 02:14:11.279
<v Speaker 29>noors won't be read again.

2622
02:14:12.239 --> 02:14:16.680
<v Speaker 3>Now currently I've been Toronto on the ground respected kind

2623
02:14:16.720 --> 02:14:17.159
<v Speaker 3>of what I do.

2624
02:14:17.960 --> 02:14:20.079
<v Speaker 29>I've been here for about three years, and when I

2625
02:14:20.239 --> 02:14:27.000
<v Speaker 29>landed there wasn't really any should I say, market acceptance

2626
02:14:27.079 --> 02:14:27.560
<v Speaker 29>to bitcoin.

2627
02:14:27.640 --> 02:14:28.560
<v Speaker 3>So let me be an example.

2628
02:14:29.319 --> 02:14:31.800
<v Speaker 29>All these stores in my city right now currently accept

2629
02:14:32.079 --> 02:14:33.399
<v Speaker 29>bitcoin as a home of payments.

2630
02:14:33.920 --> 02:14:35.760
<v Speaker 11>When I say stores, I mean things like.

2631
02:14:35.840 --> 02:14:40.359
<v Speaker 29>Convenience stores, things like gas stations, things like down to

2632
02:14:40.439 --> 02:14:44.279
<v Speaker 29>the smallest a hot dog stand accepts bitcoin as the

2633
02:14:44.359 --> 02:14:45.680
<v Speaker 29>payments for these.

2634
02:14:45.600 --> 02:14:49.159
<v Speaker 3>Things were not common place when I landed here. It

2635
02:14:49.399 --> 02:14:50.800
<v Speaker 3>is true I was in.

2636
02:14:50.840 --> 02:14:54.000
<v Speaker 29>Aubuty and I tried to buy bits cooin via face back.

2637
02:14:55.000 --> 02:14:58.279
<v Speaker 3>That's my deltive to larger I tried to send it.

2638
02:14:59.520 --> 02:15:02.279
<v Speaker 3>I think it was really bound that even gave me literally.

2639
02:15:02.640 --> 02:15:05.359
<v Speaker 29>In terms of calling me to tell me some buskins

2640
02:15:05.399 --> 02:15:09.199
<v Speaker 29>as many accounts, so instead of them, should I say,

2641
02:15:09.279 --> 02:15:09.960
<v Speaker 29>we're finding.

2642
02:15:09.720 --> 02:15:12.119
<v Speaker 3>The transaction, you know, welcome to me to get the

2643
02:15:12.399 --> 02:15:12.920
<v Speaker 3>money out.

2644
02:15:13.439 --> 02:15:17.359
<v Speaker 29>So regulation was to understand the regulatory perspective from olimedia

2645
02:15:17.359 --> 02:15:18.159
<v Speaker 29>as more as speaker as well.

2646
02:15:18.199 --> 02:15:23.079
<v Speaker 3>I've spoken on the market acceptance and behavior towards the

2647
02:15:23.079 --> 02:15:26.920
<v Speaker 3>basic coling moods. All that is, should I say.

2648
02:15:26.840 --> 02:15:29.920
<v Speaker 21>Feel of the past, we should move forward from things

2649
02:15:29.960 --> 02:15:30.720
<v Speaker 21>that have happened.

2650
02:15:30.479 --> 02:15:32.560
<v Speaker 22>This asset classes should I say fifteen years old.

2651
02:15:32.760 --> 02:15:35.880
<v Speaker 3>Twenty years and discuss is not about thirty years old,

2652
02:15:35.880 --> 02:15:36.479
<v Speaker 3>so compelling.

2653
02:15:36.479 --> 02:15:40.119
<v Speaker 29>We can go company with real estate Salasys to Ali

2654
02:15:40.319 --> 02:15:42.840
<v Speaker 29>for those type of those types of comparisons.

2655
02:15:44.239 --> 02:15:47.680
<v Speaker 3>And last last week in terms of black rocks it

2656
02:15:47.800 --> 02:15:52.520
<v Speaker 3>tf ib it. The charges you're going to find expose

2657
02:15:53.000 --> 02:15:54.560
<v Speaker 3>and as you say, the value.

2658
02:15:54.319 --> 02:15:58.960
<v Speaker 30>Behind that is them allow you to buy derivatives connected

2659
02:15:59.039 --> 02:15:59.239
<v Speaker 30>to the.

2660
02:15:59.239 --> 02:16:01.680
<v Speaker 3>Stop in the core and put options.

2661
02:16:01.760 --> 02:16:04.520
<v Speaker 29>Now for advanced investor, I'll also go to tip into

2662
02:16:04.560 --> 02:16:07.960
<v Speaker 29>that the usual devalues of cores and puts. So while

2663
02:16:08.039 --> 02:16:12.279
<v Speaker 29>you can buy this coin without fees on multiple exchanges,

2664
02:16:13.079 --> 02:16:15.319
<v Speaker 29>the value behind us you're going too five fees is

2665
02:16:15.439 --> 02:16:17.319
<v Speaker 29>the cause and puts just attached.

2666
02:16:17.319 --> 02:16:20.920
<v Speaker 3>That's just just a brief add on on toowards saying

2667
02:16:21.279 --> 02:16:22.239
<v Speaker 3>thank you very much for having me.

2668
02:16:22.920 --> 02:16:23.159
<v Speaker 1>Thanks.

2669
02:16:23.159 --> 02:16:25.399
<v Speaker 2>I mean interesting that even you're talking about in Canada

2670
02:16:25.399 --> 02:16:27.840
<v Speaker 2>that it's now mainframe. I think it's everywhere. I think

2671
02:16:27.840 --> 02:16:30.920
<v Speaker 2>I went to the store, normal store in America here

2672
02:16:30.960 --> 02:16:32.959
<v Speaker 2>and you have all those kios where you can buy

2673
02:16:33.040 --> 02:16:35.479
<v Speaker 2>bit coin across the board. I think if Nigeria do

2674
02:16:35.559 --> 02:16:37.760
<v Speaker 2>a shaging with here, Nigeria does that they start to

2675
02:16:37.799 --> 02:16:40.479
<v Speaker 2>put at ms where you can buy bit coin. Its

2676
02:16:40.479 --> 02:16:46.239
<v Speaker 2>all over, and I don't see it's all over folks.

2677
02:16:46.280 --> 02:16:49.120
<v Speaker 2>It's gonna transit to bitcoin because of the inflation. World

2678
02:16:49.200 --> 02:16:51.600
<v Speaker 2>is superhalf Nigeria, and then maybe the guys are doing that.

2679
02:16:52.440 --> 02:16:55.600
<v Speaker 2>Staple coin might be onto something. But it's interesting that

2680
02:16:55.719 --> 02:16:56.280
<v Speaker 2>this has happened.

2681
02:16:56.440 --> 02:17:00.719
<v Speaker 10>Eric, you've got Okay, before Eric say something, I was

2682
02:17:00.840 --> 02:17:02.760
<v Speaker 10>just saying, Calum, sure, you know a lot of people

2683
02:17:02.799 --> 02:17:06.120
<v Speaker 10>don't know calories like Larry think of black Rock. I

2684
02:17:06.159 --> 02:17:07.879
<v Speaker 10>mean it might not be in terms of wealth spending

2685
02:17:07.920 --> 02:17:10.559
<v Speaker 10>types of every way financial talking of our country, Larry

2686
02:17:10.639 --> 02:17:11.600
<v Speaker 10>think of black Rock and.

2687
02:17:11.639 --> 02:17:12.479
<v Speaker 3>Michael Stiller of.

2688
02:17:14.600 --> 02:17:17.200
<v Speaker 10>Micro strategy at MSTR that you should try and get

2689
02:17:17.200 --> 02:17:21.959
<v Speaker 10>your answer some or now called strategy. Look, let Calu

2690
02:17:22.120 --> 02:17:26.040
<v Speaker 10>get bitcoin eventually. All of you here who knew him,

2691
02:17:26.079 --> 02:17:29.559
<v Speaker 10>as they say that before, we'll find out how most

2692
02:17:29.680 --> 02:17:32.399
<v Speaker 10>likely that younglement to eventually invite him to be on

2693
02:17:32.479 --> 02:17:35.159
<v Speaker 10>that executive board of people that we are twice the president.

2694
02:17:35.639 --> 02:17:38.280
<v Speaker 3>You can hear some of the things Calu is saying. Now,

2695
02:17:38.399 --> 02:17:40.159
<v Speaker 3>this is not the Calum of two years ago.

2696
02:17:40.639 --> 02:17:44.520
<v Speaker 10>So we all get bitcoined at the price of understanding

2697
02:17:44.600 --> 02:17:46.239
<v Speaker 10>that way when the time is right.

2698
02:17:46.639 --> 02:17:49.319
<v Speaker 3>I knew how Mike the world the best thing.

2699
02:17:51.040 --> 02:17:55.239
<v Speaker 1>I've always so I've always helped. I have bitcoin in

2700
02:17:55.360 --> 02:17:56.600
<v Speaker 1>my four one key.

2701
02:17:56.840 --> 02:18:01.559
<v Speaker 2>I have bitcoin individually the point I've always had Again,

2702
02:18:01.600 --> 02:18:03.959
<v Speaker 2>you know, I go back to that article in Bloomberg

2703
02:18:04.719 --> 02:18:07.719
<v Speaker 2>I buy. I don't buy stocks and don't pay dividends.

2704
02:18:07.719 --> 02:18:10.520
<v Speaker 2>So I don't buy Tesla because I don't pay a dividend.

2705
02:18:11.120 --> 02:18:13.799
<v Speaker 2>Why because I look at dividends as my escape route.

2706
02:18:13.879 --> 02:18:17.760
<v Speaker 2>If I buy a bad stock, at least I get dividends.

2707
02:18:17.840 --> 02:18:20.040
<v Speaker 2>So Tesla said, growth stock, not to know, we're not

2708
02:18:20.120 --> 02:18:23.200
<v Speaker 2>paying dividends, but I like to have a dividend. Bitcoin

2709
02:18:23.200 --> 02:18:25.879
<v Speaker 2>doesn't pay a dividend. They started to do staking. That's

2710
02:18:25.879 --> 02:18:28.159
<v Speaker 2>why I was interested, because I could buy the dividend

2711
02:18:28.280 --> 02:18:32.280
<v Speaker 2>this the BTC and stake it not as BTC the

2712
02:18:32.319 --> 02:18:36.360
<v Speaker 2>rest and stake it. But still that lack of utility

2713
02:18:36.479 --> 02:18:38.639
<v Speaker 2>when we're talking luer sh and the market has moved

2714
02:18:39.280 --> 02:18:42.760
<v Speaker 2>Back then bitcoin was a speculative asset. You buy it,

2715
02:18:43.280 --> 02:18:45.520
<v Speaker 2>you make a lot of money, and you can lose

2716
02:18:45.520 --> 02:18:47.280
<v Speaker 2>a lot of money. I remember when we were talking,

2717
02:18:47.600 --> 02:18:50.959
<v Speaker 2>we bought bitcoin at twenty one dollars. I remember two

2718
02:18:51.040 --> 02:18:54.399
<v Speaker 2>years ago, why did you eat Space twenty one thousand?

2719
02:18:54.879 --> 02:18:57.559
<v Speaker 2>We had the Space remember we had the space. It

2720
02:18:57.639 --> 02:19:00.200
<v Speaker 2>went to forty nine thousand. We had a space I

2721
02:19:00.360 --> 02:19:02.360
<v Speaker 2>sold for nine thousand and one. Guy said it's going

2722
02:19:02.440 --> 02:19:04.600
<v Speaker 2>to go up. I went back. I bought again at

2723
02:19:04.639 --> 02:19:08.319
<v Speaker 2>first thousand. It went to six thousand. I sold the game.

2724
02:19:08.360 --> 02:19:10.600
<v Speaker 2>Then he went back to sixty five and now went

2725
02:19:10.639 --> 02:19:13.840
<v Speaker 2>on bought at sixty five. My engine locked at sixty five.

2726
02:19:14.079 --> 02:19:15.040
<v Speaker 2>He didn't go up again.

2727
02:19:15.319 --> 02:19:18.040
<v Speaker 1>It came down. So you win some, you lose some,

2728
02:19:18.239 --> 02:19:21.200
<v Speaker 1>you know. But now the thing looks like it's becoming

2729
02:19:21.799 --> 02:19:24.760
<v Speaker 1>If the US government is holding bitcoin, then who are you,

2730
02:19:25.120 --> 02:19:27.760
<v Speaker 1>you know, the first person when Tesla Tesla was quoted

2731
02:19:28.360 --> 02:19:32.520
<v Speaker 1>and Tesla bought bitcoin, which means that when SEC will

2732
02:19:32.600 --> 02:19:35.760
<v Speaker 1>review Tesla's account, they're going to see a line saying

2733
02:19:35.879 --> 02:19:38.840
<v Speaker 1>we own bitcoin and SEC has to approve that.

2734
02:19:39.719 --> 02:19:42.040
<v Speaker 5>You know, why this coin droped test even after the

2735
02:19:42.159 --> 02:19:44.079
<v Speaker 5>US because.

2736
02:19:43.840 --> 02:19:48.239
<v Speaker 12>I try to if this is that Donald Trump disappointed

2737
02:19:48.319 --> 02:19:50.479
<v Speaker 12>the market, and that was because you're buy.

2738
02:19:51.879 --> 02:19:55.159
<v Speaker 3>Because the em it's.

2739
02:19:55.120 --> 02:19:59.639
<v Speaker 12>Tech use taxpers wanted to buy bitchcoin, and whatever bitchcoin

2740
02:20:00.280 --> 02:20:03.319
<v Speaker 12>helped by the US government, they won't sell it, you know,

2741
02:20:03.920 --> 02:20:07.200
<v Speaker 12>and which is good. But the matter is that the

2742
02:20:07.360 --> 02:20:11.000
<v Speaker 12>US democracies four years and is second term.

2743
02:20:11.319 --> 02:20:14.799
<v Speaker 3>This is not China or Russia where the presidentcy is forever.

2744
02:20:15.319 --> 02:20:18.479
<v Speaker 3>So we know that and does not come to Congress.

2745
02:20:19.000 --> 02:20:21.319
<v Speaker 12>So if you look at the markets while dumping, because

2746
02:20:21.319 --> 02:20:21.920
<v Speaker 12>I've explained to.

2747
02:20:21.920 --> 02:20:22.760
<v Speaker 3>You how the.

2748
02:20:22.799 --> 02:20:27.159
<v Speaker 12>Market's perception is because we personally, I increase my bio pressure.

2749
02:20:27.319 --> 02:20:30.440
<v Speaker 5>After the election, I increase my bier pressure bitco. I

2750
02:20:30.479 --> 02:20:34.280
<v Speaker 5>felt like, okay, yes, I see that it would definitely

2751
02:20:35.000 --> 02:20:35.600
<v Speaker 5>breaking through.

2752
02:20:35.920 --> 02:20:36.680
<v Speaker 11>This is figures.

2753
02:20:37.159 --> 02:20:42.600
<v Speaker 12>But my canreaction disquarter I shown positive conllusion, recession, feast, liquidity,

2754
02:20:42.760 --> 02:20:47.079
<v Speaker 12>dream and disappointments that that pers money will not be used.

2755
02:20:47.120 --> 02:20:48.600
<v Speaker 3>So, yes, bitcoin is yet to stay.

2756
02:20:48.959 --> 02:20:52.360
<v Speaker 5>But will people be ready to write trouting points and not?

2757
02:20:52.520 --> 02:20:53.799
<v Speaker 3>Because you know, people do want the fact that.

2758
02:20:54.159 --> 02:20:58.239
<v Speaker 12>So bitcoin is very difficult mentally you must be able

2759
02:20:58.360 --> 02:20:59.799
<v Speaker 12>to absorve.

2760
02:20:59.440 --> 02:21:01.879
<v Speaker 5>For percent at those it would be able to absorb.

2761
02:21:02.879 --> 02:21:05.840
<v Speaker 12>Johnny, you you know this thing is a lot of

2762
02:21:05.840 --> 02:21:10.319
<v Speaker 12>people to talk about because bitcoin requires be straight like

2763
02:21:10.440 --> 02:21:10.639
<v Speaker 12>to do.

2764
02:21:10.639 --> 02:21:14.040
<v Speaker 3>You for example, just check my I was like, wow,

2765
02:21:14.799 --> 02:21:16.719
<v Speaker 3>this is this is where the backt work.

2766
02:21:17.079 --> 02:21:19.200
<v Speaker 5>It was looking like you know, this was the term

2767
02:21:19.239 --> 02:21:20.239
<v Speaker 5>that was close to four poub.

2768
02:21:20.959 --> 02:21:22.920
<v Speaker 3>You know, so these are things that you need to talk.

2769
02:21:22.799 --> 02:21:27.520
<v Speaker 2>About but let's let's let's plan this out. I asked

2770
02:21:27.559 --> 02:21:30.040
<v Speaker 2>a look the question to sooner point his left. Now

2771
02:21:30.319 --> 02:21:33.319
<v Speaker 2>let's do this never planning out. Let's say Donald Trump,

2772
02:21:33.440 --> 02:21:37.000
<v Speaker 2>now US has got the bitcoin, the Bitcoin reserve. They

2773
02:21:37.040 --> 02:21:39.639
<v Speaker 2>then he's holding meetings with all these folks that are

2774
02:21:39.719 --> 02:21:44.079
<v Speaker 2>in the Pitscoin Council. The clearly regulation is now saying

2775
02:21:44.319 --> 02:21:48.200
<v Speaker 2>the US government is open to bitcoin. Then let's now

2776
02:21:48.280 --> 02:21:51.239
<v Speaker 2>say he Trump past three more years. In three years,

2777
02:21:51.920 --> 02:21:54.520
<v Speaker 2>it's quite able to move down that football field. They

2778
02:21:54.559 --> 02:21:57.399
<v Speaker 2>are at the ten yard ten yard line. There is

2779
02:21:57.600 --> 02:22:00.440
<v Speaker 2>no way in four years they won't be the touch

2780
02:22:00.520 --> 02:22:02.040
<v Speaker 2>line for a touchdown.

2781
02:22:02.159 --> 02:22:03.520
<v Speaker 1>No way, no way.

2782
02:22:03.840 --> 02:22:06.239
<v Speaker 2>So what you're going to say that Americans still don't

2783
02:22:06.280 --> 02:22:08.280
<v Speaker 2>use bitcoin. If you pull up the chair to look

2784
02:22:08.319 --> 02:22:12.879
<v Speaker 2>at the Americans that know and use bitcoin, it's very low.

2785
02:22:13.479 --> 02:22:16.440
<v Speaker 2>Africans do a lot of bitcoin because we have to.

2786
02:22:16.639 --> 02:22:19.159
<v Speaker 2>We do a lot of we know our currency is

2787
02:22:19.200 --> 02:22:21.879
<v Speaker 2>not stable. We do a lot of transfer. Americans still

2788
02:22:22.000 --> 02:22:26.479
<v Speaker 2>use checks, the American they still use checks. So they

2789
02:22:26.639 --> 02:22:29.239
<v Speaker 2>need to be convinced. And I think it's when the

2790
02:22:29.479 --> 02:22:32.159
<v Speaker 2>older folks in America that have the money, the baby

2791
02:22:32.200 --> 02:22:34.520
<v Speaker 2>boomers that have the money, when they look at bitcoin

2792
02:22:34.600 --> 02:22:37.840
<v Speaker 2>and say this is now safe because Donald Trump has

2793
02:22:37.840 --> 02:22:38.879
<v Speaker 2>said this is now safe.

2794
02:22:38.959 --> 02:22:41.719
<v Speaker 1>Second said it is safe the big boys, and I'm buying.

2795
02:22:42.200 --> 02:22:43.879
<v Speaker 1>That's when you will see a movement.

2796
02:22:44.440 --> 02:22:48.840
<v Speaker 12>Yeah, both has three for six billion dollars in his

2797
02:22:49.120 --> 02:22:54.159
<v Speaker 12>cashing treasury and Americans have about sixty dollars on the sideline.

2798
02:22:54.600 --> 02:22:58.399
<v Speaker 12>And you look at what Morgan's party go Massacks, as

2799
02:22:58.840 --> 02:22:59.920
<v Speaker 12>a guess, was talking about.

2800
02:23:00.520 --> 02:23:04.120
<v Speaker 5>They're saying that it's like you, retation basis is high.

2801
02:23:04.520 --> 02:23:05.559
<v Speaker 3>We know that a big coin.

2802
02:23:05.520 --> 02:23:11.440
<v Speaker 12>Performs poorly recession a point covid when its exactly.

2803
02:23:12.600 --> 02:23:13.719
<v Speaker 3>So, yes, I get you can.

2804
02:23:14.719 --> 02:23:20.680
<v Speaker 12>Trump has really amplified integrity around the piece. However, Marcus

2805
02:23:21.239 --> 02:23:26.040
<v Speaker 12>circumstances you put the car risk. The Trump stariff has

2806
02:23:26.079 --> 02:23:28.920
<v Speaker 12>really traded people out dis quote a car. If you

2807
02:23:28.920 --> 02:23:32.520
<v Speaker 12>look at just your treat social media and channel I

2808
02:23:32.719 --> 02:23:35.959
<v Speaker 12>look at the entire keywords and look at why and

2809
02:23:36.040 --> 02:23:38.040
<v Speaker 12>you see that you love that you were ultimately do

2810
02:23:38.200 --> 02:23:40.879
<v Speaker 12>this piece and they loved and so yeah, it is

2811
02:23:40.959 --> 02:23:44.120
<v Speaker 12>here to stay. Or the matter is how lots before

2812
02:23:44.520 --> 02:23:46.319
<v Speaker 12>be right to the next orld.

2813
02:23:46.760 --> 02:23:49.600
<v Speaker 2>Okay, but again I would say our show is right

2814
02:23:50.520 --> 02:23:55.000
<v Speaker 2>on on just on a broad perspective. The outlook for

2815
02:23:55.120 --> 02:23:59.479
<v Speaker 2>this asset class is more positive today than it was

2816
02:23:59.680 --> 02:24:02.399
<v Speaker 2>yester day, So which then means that as an investor,

2817
02:24:02.559 --> 02:24:05.120
<v Speaker 2>you know you follow the market. You know you follow

2818
02:24:05.159 --> 02:24:07.840
<v Speaker 2>the market. The market is becoming more positive. You want

2819
02:24:07.879 --> 02:24:09.799
<v Speaker 2>to ask you and say, okay, this day is not

2820
02:24:09.920 --> 02:24:13.159
<v Speaker 2>looking good. Should I do one to ten percent? That's

2821
02:24:13.159 --> 02:24:15.520
<v Speaker 2>really why while holding the space soft to guide folks

2822
02:24:15.559 --> 02:24:18.079
<v Speaker 2>to say, okay, this thing is now a thing, but

2823
02:24:18.159 --> 02:24:20.120
<v Speaker 2>doesn't even because it's a thing, you should then true

2824
02:24:20.280 --> 02:24:20.920
<v Speaker 2>to a personality.

2825
02:24:20.959 --> 02:24:23.479
<v Speaker 1>Maybe start with one percent or two if you think

2826
02:24:23.520 --> 02:24:26.520
<v Speaker 1>it's you. But this is a thing. We can't deny

2827
02:24:26.520 --> 02:24:27.799
<v Speaker 1>it anymore. It's a thing.

2828
02:24:28.319 --> 02:24:32.959
<v Speaker 2>Let me get no information, no information provided, not my president.

2829
02:24:33.040 --> 02:24:33.639
<v Speaker 1>How are you doing, sir?

2830
02:24:35.079 --> 02:24:35.280
<v Speaker 3>Yeah?

2831
02:24:36.120 --> 02:24:38.840
<v Speaker 1>Oh, to bet you go. I do apologize to let

2832
02:24:38.879 --> 02:24:39.760
<v Speaker 1>you go ahead. I'd like to.

2833
02:24:39.879 --> 02:24:42.000
<v Speaker 2>That's why I like you that name. You please go ahead.

2834
02:24:42.239 --> 02:24:44.879
<v Speaker 2>There's no information and we've got yeah, go ahead, sir.

2835
02:24:48.559 --> 02:24:50.159
<v Speaker 1>Can you just speak up of people in my own bit?

2836
02:24:50.239 --> 02:24:50.440
<v Speaker 3>Yeah?

2837
02:24:50.760 --> 02:25:01.360
<v Speaker 1>But you could so speak a bit? Yea hear me perfectly,

2838
02:25:01.600 --> 02:25:02.159
<v Speaker 1>log and clear.

2839
02:25:03.280 --> 02:25:03.600
<v Speaker 3>Okay.

2840
02:25:04.319 --> 02:25:08.719
<v Speaker 20>So remember I think it was last year or last

2841
02:25:10.399 --> 02:25:13.040
<v Speaker 20>or last quarter of twenty twenty three. I was on

2842
02:25:13.159 --> 02:25:16.840
<v Speaker 20>your space and I I think that year the next year,

2843
02:25:16.959 --> 02:25:21.079
<v Speaker 20>which was last year, was quite help it. And you

2844
02:25:21.120 --> 02:25:24.399
<v Speaker 20>know it was that I think it us comparing them

2845
02:25:24.440 --> 02:25:28.120
<v Speaker 20>at nineteen twenty five percent from that time, you know.

2846
02:25:29.000 --> 02:25:32.399
<v Speaker 3>And you know it's a really it's a big way

2847
02:25:32.520 --> 02:25:36.120
<v Speaker 3>for the crypto you know market. You know, it's a

2848
02:25:36.280 --> 02:25:41.280
<v Speaker 3>very big way that the United Estates now has, you know,

2849
02:25:42.559 --> 02:25:44.920
<v Speaker 3>a bad way, you.

2850
02:25:45.000 --> 02:25:50.079
<v Speaker 20>Know e cuypt two driven reserve, you know, a crypt

2851
02:25:50.079 --> 02:25:55.280
<v Speaker 20>two driving reserve, you know, and they are now who

2852
02:25:55.399 --> 02:25:58.479
<v Speaker 20>did the number of you know, layer on.

2853
02:26:00.280 --> 02:26:02.040
<v Speaker 3>H gryptocurrencies?

2854
02:26:02.680 --> 02:26:05.840
<v Speaker 20>And I heard someone say something about good and the

2855
02:26:05.920 --> 02:26:11.319
<v Speaker 20>person hitting nail on the head. God is limited and

2856
02:26:11.479 --> 02:26:14.440
<v Speaker 20>that is where he's able to be a good edge.

2857
02:26:16.040 --> 02:26:22.840
<v Speaker 20>The US dollar is printed is limitless and bitcoin he

2858
02:26:23.040 --> 02:26:28.879
<v Speaker 20>is limited, you know, sadushi in. But when he published

2859
02:26:28.879 --> 02:26:34.600
<v Speaker 20>the Bitcoin white paper, that's not eight this way is

2860
02:26:35.319 --> 02:26:37.079
<v Speaker 20>he won't He wanted.

2861
02:26:36.799 --> 02:26:42.040
<v Speaker 3>To you know, remove government and center bans control over money.

2862
02:26:42.840 --> 02:26:43.440
<v Speaker 3>That was his.

2863
02:26:44.319 --> 02:26:52.920
<v Speaker 20>Initial plan, the centralization you know, limited supply and censorship

2864
02:26:53.040 --> 02:27:00.159
<v Speaker 20>and others. But he has it's seen today because of

2865
02:27:00.239 --> 02:27:09.120
<v Speaker 20>that censorship. Because of that censorship, every Chiman government we

2866
02:27:09.280 --> 02:27:12.680
<v Speaker 20>want to look into it. We have think cases where

2867
02:27:13.520 --> 02:27:19.920
<v Speaker 20>bitcoin is being useful, you know, Shidy, you know I'm

2868
02:27:19.959 --> 02:27:22.479
<v Speaker 20>not going to hide. I'm not going to hide the truth.

2869
02:27:23.360 --> 02:27:27.440
<v Speaker 20>We have seen, we have had issues. We are dangerous

2870
02:27:30.559 --> 02:27:38.040
<v Speaker 20>or they god, you know, dangerous outfits use BTC to

2871
02:27:38.360 --> 02:27:45.000
<v Speaker 20>run their organizations based on that anonymicity. But all the same,

2872
02:27:45.079 --> 02:27:48.399
<v Speaker 20>Bitcoin is a good head, if you want to read it,

2873
02:27:49.000 --> 02:27:52.319
<v Speaker 20>a good head. At least it was the first gypto Paris.

2874
02:27:53.479 --> 02:27:58.079
<v Speaker 3>It was a good head. Now I'm coming to that.

2875
02:27:58.440 --> 02:28:02.879
<v Speaker 3>I'm coming to what I said, you know lastly, about that.

2876
02:28:04.959 --> 02:28:12.200
<v Speaker 20>Inability to be transparent some of the transactions, and that

2877
02:28:12.399 --> 02:28:18.719
<v Speaker 20>is where you know, cryptocurrency simply a want cryptocurrency.

2878
02:28:18.120 --> 02:28:19.959
<v Speaker 3>Like by by network.

2879
02:28:21.399 --> 02:28:27.399
<v Speaker 20>They have come to solve that problem, the problem that

2880
02:28:27.920 --> 02:28:30.639
<v Speaker 20>business is running into now because that you can't see

2881
02:28:31.840 --> 02:28:34.520
<v Speaker 20>the dream of Ta Tushi was not.

2882
02:28:34.680 --> 02:28:39.399
<v Speaker 3>Fully implemented all right.

2883
02:28:39.600 --> 02:28:45.680
<v Speaker 20>Now, round up to round up by network brings accessibility.

2884
02:28:48.319 --> 02:28:52.120
<v Speaker 20>The accessibility of by network is way like a bit

2885
02:28:52.159 --> 02:28:57.799
<v Speaker 20>coependent twenty million PDC and what is remaining now is

2886
02:28:57.840 --> 02:29:02.639
<v Speaker 20>about one one million bit is remaining now for the

2887
02:29:02.760 --> 02:29:04.200
<v Speaker 20>mining to be up.

2888
02:29:04.920 --> 02:29:05.719
<v Speaker 3>That's very soon.

2889
02:29:07.559 --> 02:29:12.319
<v Speaker 20>Bitcoin is not as successible as some staple currencies does.

2890
02:29:12.799 --> 02:29:16.639
<v Speaker 3>You can't use bit coin in the markets, and you

2891
02:29:16.719 --> 02:29:22.200
<v Speaker 3>can't use spit coin in you know, food market because

2892
02:29:22.280 --> 02:29:22.520
<v Speaker 3>of the.

2893
02:29:22.639 --> 02:29:26.920
<v Speaker 20>Digits, the limitation of the digits and the price today

2894
02:29:28.959 --> 02:29:32.200
<v Speaker 20>it has already gone first that being said to keep

2895
02:29:32.280 --> 02:29:35.840
<v Speaker 20>going fast, but the ability is needed and that is

2896
02:29:35.920 --> 02:29:41.879
<v Speaker 20>really keep two. Currencies like bionets will come in the

2897
02:29:42.040 --> 02:29:44.440
<v Speaker 20>first that they're from the grassroots.

2898
02:29:45.239 --> 02:29:49.319
<v Speaker 3>To spread. After which that.

2899
02:29:49.719 --> 02:29:55.360
<v Speaker 20>Anonymicity they solved it by bringing in KEYYC and en

2900
02:29:55.440 --> 02:29:58.159
<v Speaker 20>answering their security cross.

2901
02:29:59.120 --> 02:30:02.760
<v Speaker 3>So every that you're here to go through a game

2902
02:30:02.920 --> 02:30:06.520
<v Speaker 3>y process that makes you to be.

2903
02:30:06.719 --> 02:30:10.680
<v Speaker 20>Known, that your transaction will be known, so that that

2904
02:30:10.879 --> 02:30:16.120
<v Speaker 20>transparence is there is critiqual. You are mostly talking business here.

2905
02:30:16.280 --> 02:30:21.280
<v Speaker 20>No many maxis that are mining business is today. They're

2906
02:30:21.319 --> 02:30:24.799
<v Speaker 20>not buying in their minding needs, they have funds. It

2907
02:30:24.920 --> 02:30:27.239
<v Speaker 20>takes a lot of energy to mind bit going. If

2908
02:30:27.239 --> 02:30:31.879
<v Speaker 20>you want to mind bitcoin without doing four hours electricity.

2909
02:30:31.440 --> 02:30:42.200
<v Speaker 3>You're going to be your wa Yeah, all right, that's it.

2910
02:30:42.600 --> 02:30:47.079
<v Speaker 10>I'm just saying the pros and cons and compt let

2911
02:30:47.120 --> 02:30:50.680
<v Speaker 10>me depoint what you're doing. Do you know that over

2912
02:30:51.079 --> 02:30:56.479
<v Speaker 10>a hundred pig beyond dollars annually a hundred billion cash

2913
02:30:56.600 --> 02:31:01.040
<v Speaker 10>dollars annually. M hmm, it's pretty ten. It's being used

2914
02:31:01.280 --> 02:31:03.879
<v Speaker 10>for elicit drug dollars, not bit coin.

2915
02:31:04.639 --> 02:31:07.079
<v Speaker 3>I don't know. I didn't tell you about that.

2916
02:31:08.079 --> 02:31:08.799
<v Speaker 26>I don't know.

2917
02:31:08.959 --> 02:31:11.520
<v Speaker 3>Just hold on, okay, just al, I'm not arguing with you,

2918
02:31:11.719 --> 02:31:12.559
<v Speaker 3>I'm not working with you.

2919
02:31:12.719 --> 02:31:13.840
<v Speaker 11>Just this is.

2920
02:31:15.920 --> 02:31:17.840
<v Speaker 10>It's the kind of space. It's not a space where

2921
02:31:17.879 --> 02:31:21.280
<v Speaker 10>we argue. It's a space where you try to share

2922
02:31:21.399 --> 02:31:27.879
<v Speaker 10>your you wanted to have bought, so I understand.

2923
02:31:27.959 --> 02:31:31.079
<v Speaker 3>It really is the transparencies. So I talked about this

2924
02:31:31.280 --> 02:31:35.040
<v Speaker 3>is being used for transitions.

2925
02:31:34.479 --> 02:31:37.719
<v Speaker 10>That I'm just trying to put it out there that

2926
02:31:38.360 --> 02:31:43.520
<v Speaker 10>cash fiat dollars, it's more preferred for crimes. If if

2927
02:31:43.719 --> 02:31:47.000
<v Speaker 10>you want me to start reading out these bats need to.

2928
02:31:48.479 --> 02:31:51.399
<v Speaker 20>Office that you can see every it's a transaction, but

2929
02:31:51.559 --> 02:31:53.959
<v Speaker 20>you know who who is doing the transaction.

2930
02:31:54.239 --> 02:31:58.040
<v Speaker 3>He said, don't wait, hold trust yourself.

2931
02:31:58.639 --> 02:31:59.079
<v Speaker 10>Just hold on.

2932
02:31:59.159 --> 02:32:01.760
<v Speaker 3>I'm not I'm not tradicting myself. I'm saying that.

2933
02:32:02.920 --> 02:32:07.079
<v Speaker 10>I'm saying that at leasta transactions ranges from two trillion

2934
02:32:07.200 --> 02:32:13.440
<v Speaker 10>to five trillion per year in dollars. In dollars initiate transaction,

2935
02:32:13.520 --> 02:32:14.680
<v Speaker 10>what is the market couple.

2936
02:32:14.479 --> 02:32:15.000
<v Speaker 3>Of bit coin?

2937
02:32:15.079 --> 02:32:17.840
<v Speaker 10>For God's sake, my brother, So I will leave that

2938
02:32:17.959 --> 02:32:20.719
<v Speaker 10>there for people who are smart to understand.

2939
02:32:20.920 --> 02:32:22.520
<v Speaker 3>Just keep guys.

2940
02:32:22.680 --> 02:32:24.680
<v Speaker 2>Lets let's let's let's let's do this right. Let me

2941
02:32:24.760 --> 02:32:27.120
<v Speaker 2>just go around the table. You guys would tell me

2942
02:32:27.479 --> 02:32:29.600
<v Speaker 2>which is your face with b T see you, I

2943
02:32:29.639 --> 02:32:31.680
<v Speaker 2>don't know. I don't want to use world recommend with

2944
02:32:31.879 --> 02:32:32.239
<v Speaker 2>b T C.

2945
02:32:32.440 --> 02:32:32.799
<v Speaker 10>You like.

2946
02:32:34.479 --> 02:32:37.959
<v Speaker 1>How much you hold up? Hold up, hold up.

2947
02:32:38.000 --> 02:32:41.559
<v Speaker 2>Hold up, hold up, and how you think folks can bite.

2948
02:32:41.760 --> 02:32:44.239
<v Speaker 2>Maybe talk to the Nigerian and talk to the guy abroad.

2949
02:32:44.799 --> 02:32:49.120
<v Speaker 2>Let me start with mister crypto. Tell me which one

2950
02:32:49.200 --> 02:32:52.680
<v Speaker 2>you like and how folks here can buy or how

2951
02:32:52.799 --> 02:32:56.559
<v Speaker 2>folks there can buy. Just let's let's do it that

2952
02:32:56.799 --> 02:33:00.799
<v Speaker 2>way themselftar one one is based the floor ahead.

2953
02:33:02.319 --> 02:33:05.840
<v Speaker 10>Thank you very much, mister Calu and those spaces basically

2954
02:33:05.959 --> 02:33:07.600
<v Speaker 10>rounding up. So first of all, I'd like to thank

2955
02:33:07.639 --> 02:33:10.159
<v Speaker 10>you because maybe after this I'll drop off and shout

2956
02:33:10.159 --> 02:33:13.440
<v Speaker 10>out to everybody on the space a Share, Lumide and

2957
02:33:13.520 --> 02:33:15.399
<v Speaker 10>every other person else. You know, we've had a bands

2958
02:33:15.440 --> 02:33:21.920
<v Speaker 10>of this wonderful platform because Bitcoin is finite, because it's

2959
02:33:22.000 --> 02:33:25.040
<v Speaker 10>the first ever cryptocurrency without Bitcoin that will never be

2960
02:33:25.200 --> 02:33:28.920
<v Speaker 10>the world blockchain or web three. So anybody trying to

2961
02:33:29.040 --> 02:33:31.360
<v Speaker 10>do any of that coins camp coins like pie and

2962
02:33:31.520 --> 02:33:32.520
<v Speaker 10>all those other things.

2963
02:33:32.959 --> 02:33:35.000
<v Speaker 3>Should know that Bitcoin rains supreme.

2964
02:33:35.399 --> 02:33:40.840
<v Speaker 10>Anything that has vcs behind them, anything that have investors

2965
02:33:41.000 --> 02:33:43.719
<v Speaker 10>and they pre mind it and they've already shared it,

2966
02:33:43.879 --> 02:33:48.239
<v Speaker 10>you can never get authenticity from that thing. But like

2967
02:33:48.520 --> 02:33:52.840
<v Speaker 10>the man that just spoke said accurately that anybody can

2968
02:33:53.000 --> 02:33:56.079
<v Speaker 10>mind bitcoin, so you can all get the share. We

2969
02:33:56.200 --> 02:33:59.600
<v Speaker 10>can all get their share because of these reasons, because

2970
02:34:00.680 --> 02:34:03.399
<v Speaker 10>types of bitcoin is bigger than our ngemia and Nira,

2971
02:34:04.239 --> 02:34:07.079
<v Speaker 10>because one bitcoin is now bigger than the US dollar.

2972
02:34:07.360 --> 02:34:11.280
<v Speaker 10>Don't forget you could use eighteen NIRA, nineteen Narra, one

2973
02:34:11.319 --> 02:34:14.239
<v Speaker 10>other party or one of the fourt sceinario in the

2974
02:34:14.360 --> 02:34:16.840
<v Speaker 10>black market to buy discoin between two thousand and nine

2975
02:34:16.840 --> 02:34:17.680
<v Speaker 10>and two thousand.

2976
02:34:19.200 --> 02:34:19.760
<v Speaker 3>Bitcoin.

2977
02:34:20.200 --> 02:34:23.040
<v Speaker 10>You could use one dollar to buy one thousand, six

2978
02:34:23.200 --> 02:34:26.959
<v Speaker 10>hundred bitcoins in twenty and ten. So any other jagons

2979
02:34:27.000 --> 02:34:29.840
<v Speaker 10>we are saying really don't matter. If you truly want

2980
02:34:29.879 --> 02:34:32.520
<v Speaker 10>to be wealthy, if you truly truly want to hold

2981
02:34:32.600 --> 02:34:35.360
<v Speaker 10>an asset and say it in the next four or

2982
02:34:35.399 --> 02:34:38.479
<v Speaker 10>five ten years like a banana island house in cyberspace,

2983
02:34:39.079 --> 02:34:41.440
<v Speaker 10>you want to get rich, if you want to be

2984
02:34:41.559 --> 02:34:46.799
<v Speaker 10>able to send money cross border without the stringent and

2985
02:34:48.000 --> 02:34:52.120
<v Speaker 10>all types of KYC wahala of even if it's KYC,

2986
02:34:52.559 --> 02:34:54.319
<v Speaker 10>but the stoppage wahalla.

2987
02:34:54.079 --> 02:34:57.760
<v Speaker 3>Of Western Union, Swiss money gram, et cetera.

2988
02:34:57.959 --> 02:35:01.280
<v Speaker 10>Cross border transactions among banks, the traditional banks.

2989
02:35:01.360 --> 02:35:02.799
<v Speaker 3>If you don't want your transaction.

2990
02:35:02.600 --> 02:35:04.600
<v Speaker 10>To be stopped, if you don't want to be censored,

2991
02:35:04.920 --> 02:35:06.920
<v Speaker 10>if you don't want anything that they share in the

2992
02:35:07.000 --> 02:35:09.280
<v Speaker 10>room and you're not a part of by bits going

2993
02:35:09.319 --> 02:35:13.440
<v Speaker 10>for your destiny, if you do not want anything to

2994
02:35:13.600 --> 02:35:17.479
<v Speaker 10>do with money that you will lose. I am categorically

2995
02:35:17.639 --> 02:35:20.680
<v Speaker 10>saying I am not giving you investments advice, really word

2996
02:35:20.840 --> 02:35:23.600
<v Speaker 10>advice based on what I have even done to an

2997
02:35:23.680 --> 02:35:24.280
<v Speaker 10>ex president.

2998
02:35:24.520 --> 02:35:26.799
<v Speaker 3>I've sold bits going to a poor man. I sold

2999
02:35:26.840 --> 02:35:27.559
<v Speaker 3>blits going to the woman.

3000
02:35:28.280 --> 02:35:30.559
<v Speaker 10>I've also sold been going to an expresident in our nation,

3001
02:35:30.719 --> 02:35:33.120
<v Speaker 10>in our country today. So do not Trump is not

3002
02:35:33.200 --> 02:35:35.360
<v Speaker 10>the first president to even learn about it coin an

3003
02:35:35.399 --> 02:35:39.239
<v Speaker 10>expertence that our country name with health is so I

3004
02:35:39.319 --> 02:35:43.159
<v Speaker 10>would just say for me, for me or lushap bach

3005
02:35:43.200 --> 02:35:46.959
<v Speaker 10>cold has liberateed me off privacy, and that is the

3006
02:35:47.079 --> 02:35:49.639
<v Speaker 10>business that I do. That is what the government man

3007
02:35:49.680 --> 02:35:52.319
<v Speaker 10>wants to take tempercents capital gain on. That is what

3008
02:35:52.639 --> 02:35:54.719
<v Speaker 10>n is discussing with the presidency.

3009
02:35:55.200 --> 02:36:02.559
<v Speaker 3>That is what Central is trying to take that position

3010
02:36:02.920 --> 02:36:05.719
<v Speaker 3>to the sec. You know, so if you look at

3011
02:36:06.000 --> 02:36:06.840
<v Speaker 3>the entire.

3012
02:36:06.920 --> 02:36:11.680
<v Speaker 10>Traditional market and the inflationary measures that has past, that

3013
02:36:11.840 --> 02:36:16.159
<v Speaker 10>dies our country Nigeria correctly ira the inflationary wars on

3014
02:36:16.440 --> 02:36:20.360
<v Speaker 10>all of the paper money on Earth. Go and check

3015
02:36:20.600 --> 02:36:25.600
<v Speaker 10>no data favorce any other assets shout out to SMP five, dred, nasdar,

3016
02:36:25.719 --> 02:36:26.239
<v Speaker 10>et cetera.

3017
02:36:26.719 --> 02:36:27.319
<v Speaker 3>None of them.

3018
02:36:27.920 --> 02:36:31.799
<v Speaker 10>None of them, including oiline gas and reallested it. I've

3019
02:36:31.959 --> 02:36:34.440
<v Speaker 10>done what's bitcoin has done in the last ten years.

3020
02:36:34.680 --> 02:36:35.719
<v Speaker 10>I'll rest my case here.

3021
02:36:35.920 --> 02:36:36.559
<v Speaker 3>Thank you very much?

3022
02:36:36.600 --> 02:36:40.719
<v Speaker 1>All right, perfect if I got your well bitcoin for us?

3023
02:36:40.799 --> 02:36:41.079
<v Speaker 3>Thank you?

3024
02:36:42.239 --> 02:36:44.239
<v Speaker 2>I mean, how can you address this question? What's you're

3025
02:36:44.280 --> 02:36:46.799
<v Speaker 2>looking at? If from when I drank out invest what

3026
02:36:46.879 --> 02:36:48.399
<v Speaker 2>should I have looking at? I mean, how can I

3027
02:36:48.399 --> 02:36:50.959
<v Speaker 2>get again touch this market? What's your locommodation?

3028
02:36:51.760 --> 02:36:57.719
<v Speaker 12>Yeah, typical angel likes likes click to and that's very nice.

3029
02:36:57.879 --> 02:37:02.680
<v Speaker 3>To evolve with technology. Bitcoin is a famous dicitar.

3030
02:37:02.719 --> 02:37:07.120
<v Speaker 5>Would like to sect you, I said, so a few

3031
02:37:08.200 --> 02:37:12.399
<v Speaker 5>pays aico. I personally feel that the context is how

3032
02:37:12.520 --> 02:37:14.920
<v Speaker 5>you are lo kid and watch your protection.

3033
02:37:15.040 --> 02:37:19.440
<v Speaker 12>So personally, for me, bigcoin doesn't offer so much for me.

3034
02:37:19.639 --> 02:37:21.840
<v Speaker 3>But I think if I want to have a trust,

3035
02:37:22.239 --> 02:37:23.600
<v Speaker 3>like if I'm like a.

3036
02:37:23.639 --> 02:37:27.719
<v Speaker 5>Close from my child or for things far ahead, I think.

3037
02:37:27.719 --> 02:37:31.639
<v Speaker 24>Biting show that it can be something I can really

3038
02:37:31.719 --> 02:37:33.440
<v Speaker 24>put into his strength components.

3039
02:37:33.520 --> 02:37:39.280
<v Speaker 3>You know. For me, I I also understand the.

3040
02:37:39.319 --> 02:37:42.040
<v Speaker 12>Fact that I have to look at the risk, I

3041
02:37:42.079 --> 02:37:44.479
<v Speaker 12>have to look at opportunities and have to look at

3042
02:37:45.239 --> 02:37:49.399
<v Speaker 12>my disposable so Nigerian's you know. For those that are

3043
02:37:49.479 --> 02:37:53.879
<v Speaker 12>know anything so much, bit client has open opportunities.

3044
02:37:53.440 --> 02:37:55.840
<v Speaker 3>Just like that because I don't do by investing.

3045
02:37:56.040 --> 02:38:00.280
<v Speaker 12>You know, a cuient knowledge can give you intellegeral capacity

3046
02:38:01.120 --> 02:38:04.360
<v Speaker 12>to write, to begether analyst to do a lot in

3047
02:38:04.399 --> 02:38:06.680
<v Speaker 12>the good system. There's so many that you are working

3048
02:38:07.239 --> 02:38:10.879
<v Speaker 12>in the block chain space heading for effects, you know,

3049
02:38:11.280 --> 02:38:13.559
<v Speaker 12>and that's one where you can tap into.

3050
02:38:13.920 --> 02:38:17.159
<v Speaker 5>And for those that you know you're looking at being exposed,

3051
02:38:18.559 --> 02:38:20.239
<v Speaker 5>you just have to understand that.

3052
02:38:20.479 --> 02:38:23.799
<v Speaker 12>You know, me, I'm not a personal cause price because

3053
02:38:24.319 --> 02:38:25.520
<v Speaker 12>I try not to be propet.

3054
02:38:25.559 --> 02:38:27.200
<v Speaker 3>I tried the market to be decided.

3055
02:38:27.319 --> 02:38:30.559
<v Speaker 12>The market looks like it's correcting, and it seems like

3056
02:38:30.799 --> 02:38:34.959
<v Speaker 12>you dram around the drump Traitarius would keep going on.

3057
02:38:35.120 --> 02:38:38.479
<v Speaker 12>So definitely became as we hit some lose, but you

3058
02:38:38.559 --> 02:38:40.200
<v Speaker 12>know you can't pet against their set class.

3059
02:38:40.399 --> 02:38:44.399
<v Speaker 5>You know, something that you must have a long them overview.

3060
02:38:45.079 --> 02:38:46.559
<v Speaker 3>And I think.

3061
02:38:46.639 --> 02:38:51.079
<v Speaker 12>Finally, I think it's something that you should start upplying with.

3062
02:38:52.559 --> 02:38:57.319
<v Speaker 24>I think where most dangerous meeting in the bitcoin spaces

3063
02:38:57.360 --> 02:39:00.680
<v Speaker 24>the loaded capacity, because that has we he brought in

3064
02:39:01.200 --> 02:39:06.399
<v Speaker 24>people's intellectuality that has really amplified. And you know I

3065
02:39:06.719 --> 02:39:09.520
<v Speaker 24>got some jobs just because I had the exposure in

3066
02:39:09.600 --> 02:39:12.879
<v Speaker 24>the crypto space, you know, so not those traditional markets.

3067
02:39:13.239 --> 02:39:17.200
<v Speaker 5>Also understanding our bitcoing and what value.

3068
02:39:17.000 --> 02:39:19.920
<v Speaker 12>Previous to the space can also make a difference, you know,

3069
02:39:20.040 --> 02:39:21.280
<v Speaker 12>differer government is.

3070
02:39:21.319 --> 02:39:23.159
<v Speaker 3>Took at crypto so differently.

3071
02:39:23.159 --> 02:39:25.760
<v Speaker 5>People are going to have crypto accounters.

3072
02:39:26.040 --> 02:39:29.799
<v Speaker 23>We're go have cryptodalyist, We're going have cos, We're going.

3073
02:39:29.760 --> 02:39:33.280
<v Speaker 12>To have crypt expers being employed, you know, so crypto lawyers.

3074
02:39:33.360 --> 02:39:34.879
<v Speaker 11>So the space is white things.

3075
02:39:34.959 --> 02:39:37.520
<v Speaker 23>So you can look at your strength and becouse that.

3076
02:39:38.000 --> 02:39:41.159
<v Speaker 23>On that note, I would say that not other glitters

3077
02:39:41.200 --> 02:39:46.559
<v Speaker 23>in school, uh me a bit of mistakes space, and

3078
02:39:46.760 --> 02:39:47.440
<v Speaker 23>all the mistakes I.

3079
02:39:47.440 --> 02:39:50.239
<v Speaker 12>Mean in the space was that I looked at the

3080
02:39:50.360 --> 02:39:55.799
<v Speaker 12>crypto like stocks, so I had the very protainview.

3081
02:39:55.079 --> 02:39:58.520
<v Speaker 3>In different class. But I think the last few years

3082
02:39:58.520 --> 02:40:03.319
<v Speaker 3>I've left that it was like pitchcoin. I think i'd

3083
02:40:03.360 --> 02:40:07.239
<v Speaker 3>be like bitchcoin. Nothing would be like and it's can

3084
02:40:07.280 --> 02:40:08.879
<v Speaker 3>will always be pitchcoin. Thanks.

3085
02:40:08.920 --> 02:40:12.239
<v Speaker 2>Calondon said, if you if you knew what you knew

3086
02:40:12.280 --> 02:40:14.360
<v Speaker 2>now to you as ago, you would just put more

3087
02:40:14.399 --> 02:40:15.120
<v Speaker 2>money in bitcoin.

3088
02:40:16.959 --> 02:40:20.680
<v Speaker 12>No, but if I knew what I knew many as

3089
02:40:20.719 --> 02:40:22.520
<v Speaker 12>you call, I'll invested in bitcoin.

3090
02:40:22.920 --> 02:40:24.600
<v Speaker 1>Only in bitcoin, gotcha?

3091
02:40:25.239 --> 02:40:27.680
<v Speaker 3>All right? Perfect yo, everybody give up to me the

3092
02:40:27.840 --> 02:40:30.440
<v Speaker 3>roundable class man. I'm going to record this space and

3093
02:40:30.520 --> 02:40:32.200
<v Speaker 3>play for some mother buters you don't believe.

3094
02:40:32.360 --> 02:40:34.840
<v Speaker 1>Be easy if you know, want to be there.

3095
02:40:34.840 --> 02:40:36.319
<v Speaker 3>Very well that you know canto space.

3096
02:40:36.719 --> 02:40:39.079
<v Speaker 10>These guys spinds a lot of people, so pay attention

3097
02:40:39.280 --> 02:40:42.280
<v Speaker 10>to the things they're saying. Don't care if somebody's like

3098
02:40:42.360 --> 02:40:44.200
<v Speaker 10>all of me. They can say that I don't know

3099
02:40:44.319 --> 02:40:47.000
<v Speaker 10>what you're thinking. Not investment advice.

3100
02:40:47.079 --> 02:40:50.920
<v Speaker 1>But don't don't quote amit out of context to That's

3101
02:40:50.920 --> 02:40:51.479
<v Speaker 1>all I'll say.

3102
02:40:51.840 --> 02:40:53.680
<v Speaker 10>I'm not quoting him out of context. But you know

3103
02:40:53.760 --> 02:40:58.319
<v Speaker 10>it's just being patron about it, honestly, because it's about

3104
02:40:58.360 --> 02:41:00.600
<v Speaker 10>this coin, about the facts, gotcha.

3105
02:41:01.319 --> 02:41:03.879
<v Speaker 1>Do you have any recommendations or anything you're looking.

3106
02:41:03.680 --> 02:41:07.920
<v Speaker 31>At Yeah, I would say it has already been established

3107
02:41:08.040 --> 02:41:11.159
<v Speaker 31>that Adrians love you to return, so that has drove

3108
02:41:11.319 --> 02:41:15.840
<v Speaker 31>us to crypto space over the last decade.

3109
02:41:17.440 --> 02:41:19.600
<v Speaker 3>For everyone's on her own.

3110
02:41:20.159 --> 02:41:23.040
<v Speaker 31>So just pay attention to the market, pay attention to

3111
02:41:23.159 --> 02:41:26.600
<v Speaker 31>your investment goal. That has to be your number one thing,

3112
02:41:26.920 --> 02:41:30.159
<v Speaker 31>right because we hear a lot of bad news every day.

3113
02:41:32.000 --> 02:41:35.840
<v Speaker 1>Mention particular name, Yeah, bitcin.

3114
02:41:35.680 --> 02:41:39.360
<v Speaker 3>Remains that then, of course. Honestly, but I think I've

3115
02:41:39.399 --> 02:41:44.879
<v Speaker 3>always had good preference for Italium because of the impact.

3116
02:41:44.959 --> 02:41:48.440
<v Speaker 3>Is it's going to have a web three? Yeah, but

3117
02:41:49.040 --> 02:41:50.680
<v Speaker 3>I think a bitcoin still remains it.

3118
02:41:50.760 --> 02:41:52.639
<v Speaker 31>In my only day with bitcoin is the fact that

3119
02:41:53.959 --> 02:41:57.920
<v Speaker 31>if if there's any news in America, imagine the country

3120
02:41:58.000 --> 02:42:01.360
<v Speaker 31>is so invested in bitcoin and a present in America, say,

3121
02:42:01.680 --> 02:42:03.000
<v Speaker 31>and it's going to affect all of us.

3122
02:42:03.280 --> 02:42:05.079
<v Speaker 3>It should have been the case. Our countries has to

3123
02:42:05.159 --> 02:42:08.920
<v Speaker 3>be divorced of economic in practices.

3124
02:42:09.600 --> 02:42:11.920
<v Speaker 1>Say was DeFi remember that DeFi.

3125
02:42:12.840 --> 02:42:16.319
<v Speaker 31>Yeah, yeah, it's still it's still define all this one

3126
02:42:16.639 --> 02:42:22.040
<v Speaker 31>this all this current itial MA directors still under adan.

3127
02:42:22.600 --> 02:42:25.280
<v Speaker 3>Just just do your thing, but just look at your

3128
02:42:25.319 --> 02:42:25.959
<v Speaker 3>investment to go.

3129
02:42:26.239 --> 02:42:28.559
<v Speaker 1>That's just what matters got you guys up.

3130
02:42:29.639 --> 02:42:33.280
<v Speaker 2>Let me see it's mister, would you have any recommendtions

3131
02:42:33.319 --> 02:42:39.600
<v Speaker 2>real quick, I'll get to your doors. Any any any

3132
02:42:39.719 --> 02:42:41.840
<v Speaker 2>quick recommendation for us to take onway.

3133
02:42:43.559 --> 02:42:47.399
<v Speaker 26>I have always been of your opinion that don't invest

3134
02:42:47.440 --> 02:42:50.520
<v Speaker 26>in anything that you don't have a conviction about, right,

3135
02:42:51.520 --> 02:42:54.399
<v Speaker 26>So uh, I will.

3136
02:42:55.920 --> 02:43:00.239
<v Speaker 3>I think my thought I've always been like big point

3137
02:43:00.959 --> 02:43:01.879
<v Speaker 3>and for.

3138
02:43:02.040 --> 02:43:06.879
<v Speaker 26>The reason that I think it is antithethical to centralize government.

3139
02:43:07.040 --> 02:43:09.120
<v Speaker 26>So like I said what I was in earlier about

3140
02:43:09.200 --> 02:43:13.319
<v Speaker 26>it being maybe a sound form of money, right, and

3141
02:43:14.360 --> 02:43:18.159
<v Speaker 26>I just see future personality that. I mean, I'm happy

3142
02:43:18.239 --> 02:43:22.559
<v Speaker 26>that business guy that was it myster Eric when he

3143
02:43:22.680 --> 02:43:25.239
<v Speaker 26>was talking about how you could like buy playing for

3144
02:43:25.360 --> 02:43:28.520
<v Speaker 26>stuff with bitcoin in in places in Canada.

3145
02:43:29.520 --> 02:43:31.239
<v Speaker 3>That is the future. That that is something that would

3146
02:43:31.239 --> 02:43:32.719
<v Speaker 3>become more jubing and over the time.

3147
02:43:32.639 --> 02:43:35.600
<v Speaker 26>Over over, over the long f right, I do see

3148
02:43:35.639 --> 02:43:39.360
<v Speaker 26>that future. Pcoin in itself gained so much avalue that

3149
02:43:39.479 --> 02:43:43.719
<v Speaker 26>what people actually spend it sucks, right, and things will

3150
02:43:43.760 --> 02:43:49.840
<v Speaker 26>be denominated in sash the thing. So but but again

3151
02:43:50.120 --> 02:43:52.799
<v Speaker 26>understand the fundamental is that something do you believe in

3152
02:43:52.879 --> 02:43:54.559
<v Speaker 26>that If you do believe in that, I think it's

3153
02:43:54.600 --> 02:43:57.879
<v Speaker 26>something that is worth investing in. Other assets like eterium.

3154
02:43:57.959 --> 02:44:02.040
<v Speaker 26>I used to be very conditional material, but I think

3155
02:44:02.120 --> 02:44:06.680
<v Speaker 26>the space has become that particular ecosystem have become very

3156
02:44:06.760 --> 02:44:11.479
<v Speaker 26>uncertain in recent times, kind of not directionless, so trying

3157
02:44:11.479 --> 02:44:12.360
<v Speaker 26>to figure out where.

3158
02:44:12.159 --> 02:44:12.799
<v Speaker 3>They want to go to.

3159
02:44:14.040 --> 02:44:16.600
<v Speaker 26>But the reason I was built bullish on ethereum that

3160
02:44:16.680 --> 02:44:18.840
<v Speaker 26>I'm going to share I just in case we see

3161
02:44:19.559 --> 02:44:21.799
<v Speaker 26>there are any other ecosystems that you feel like a

3162
02:44:21.920 --> 02:44:22.559
<v Speaker 26>fits into that.

3163
02:44:23.000 --> 02:44:26.680
<v Speaker 3>I saw ethereum as like that is realized it.

3164
02:44:26.719 --> 02:44:30.879
<v Speaker 26>Decentralized world computer so to speak, where you can build uh,

3165
02:44:31.319 --> 02:44:35.360
<v Speaker 26>decentralized application application that every day people can use, right,

3166
02:44:35.639 --> 02:44:39.360
<v Speaker 26>And but the way you access that ecosystem is true ethereum.

3167
02:44:39.479 --> 02:44:44.200
<v Speaker 3>So you when you were talking about generating income and

3168
02:44:44.280 --> 02:44:46.680
<v Speaker 3>all of that, like that is.

3169
02:44:48.879 --> 02:44:51.440
<v Speaker 1>We're to round up ste with what had to go.

3170
02:44:52.399 --> 02:44:54.959
<v Speaker 3>All right, great, yeah, so so just to like ground

3171
02:44:55.000 --> 02:44:55.200
<v Speaker 3>it up.

3172
02:44:55.239 --> 02:44:57.840
<v Speaker 26>So those those are like my two really my two

3173
02:44:57.879 --> 02:45:01.719
<v Speaker 26>spaces for both Big and that crypto, so bigcenty of

3174
02:45:01.840 --> 02:45:04.920
<v Speaker 26>investing in it because you believe in the fundamentals of its.

3175
02:45:04.840 --> 02:45:09.040
<v Speaker 3>Being a stronger form of money and yeah, I'll just

3176
02:45:09.120 --> 02:45:09.920
<v Speaker 3>give it, thank you.

3177
02:45:09.959 --> 02:45:15.959
<v Speaker 2>All right, perfect, Let's get a two metrical that would yeah, yeah,

3178
02:45:16.680 --> 02:45:18.680
<v Speaker 2>magical work, real quick, really quick.

3179
02:45:18.799 --> 02:45:19.879
<v Speaker 1>That's one of the recommendations.

3180
02:45:19.959 --> 02:45:22.079
<v Speaker 3>Yeah, real quick, yeah, real quick, realpy.

3181
02:45:23.879 --> 02:45:29.479
<v Speaker 20>The US government established a crypto Strategic Reserve.

3182
02:45:30.159 --> 02:45:35.040
<v Speaker 3>This were the terms used. No, no, no, please, don't

3183
02:45:35.079 --> 02:45:36.040
<v Speaker 3>pass the wrong information.

3184
02:45:36.159 --> 02:45:40.799
<v Speaker 10>It's not cryptocation, you have to it's it's quite strategic.

3185
02:45:40.879 --> 02:45:43.760
<v Speaker 3>With that, please, then why is why is it? Why

3186
02:45:43.840 --> 02:45:48.079
<v Speaker 3>is it? Why is to learn? There is no where

3187
02:45:48.840 --> 02:45:50.680
<v Speaker 3>going to the next. Let me post it to the next.

3188
02:45:50.760 --> 02:45:56.040
<v Speaker 10>You have already executives information.

3189
02:45:56.920 --> 02:45:59.120
<v Speaker 3>Allow me to make my submission.

3190
02:46:00.680 --> 02:46:00.879
<v Speaker 1>Now.

3191
02:46:02.719 --> 02:46:07.079
<v Speaker 20>The reserve encompasses the variety of cryptocurrencies.

3192
02:46:07.559 --> 02:46:09.280
<v Speaker 3>I don't know here this one, I don't know.

3193
02:46:09.719 --> 02:46:10.319
<v Speaker 11>I'm not here.

3194
02:46:10.479 --> 02:46:13.319
<v Speaker 3>If it's called bitcoin, I'm not here. If she called

3195
02:46:13.360 --> 02:46:13.719
<v Speaker 3>it coin.

3196
02:46:13.920 --> 02:46:16.639
<v Speaker 1>So let's just let's just get your recommendations at time

3197
02:46:16.719 --> 02:46:19.159
<v Speaker 1>it's going. That's speak compation.

3198
02:46:19.440 --> 02:46:23.239
<v Speaker 20>Is this join the three and when it's in the beginning, No,

3199
02:46:23.360 --> 02:46:25.239
<v Speaker 20>when it is over, yen. If you wan't going to

3200
02:46:25.319 --> 02:46:28.479
<v Speaker 20>bitcoin now and you are not in bitcoin a long time,

3201
02:46:28.520 --> 02:46:31.760
<v Speaker 20>it goes. If you cannot buy one bitcoin now, if

3202
02:46:31.799 --> 02:46:34.799
<v Speaker 20>you can buy two bitcoin one bitcoin now, if you

3203
02:46:34.920 --> 02:46:37.040
<v Speaker 20>buy if you tell a manet two months to buy

3204
02:46:37.120 --> 02:46:40.799
<v Speaker 20>bitcoin of hundred narra and it appreciates you with five percent.

3205
02:46:41.079 --> 02:46:43.920
<v Speaker 20>How much is five percent of hundred nerr? But when

3206
02:46:43.959 --> 02:46:47.719
<v Speaker 20>you have the money to buy one bitcoin or two

3207
02:46:47.799 --> 02:46:51.920
<v Speaker 20>bitcoin today and it appreciates by ten percent, you have

3208
02:46:52.120 --> 02:46:54.360
<v Speaker 20>some you knows tangible.

3209
02:46:54.000 --> 02:46:59.399
<v Speaker 3>Money traditions that you can as well. Okay, I'm forgetting

3210
02:46:59.639 --> 02:47:00.639
<v Speaker 3>by network.

3211
02:47:01.479 --> 02:47:05.120
<v Speaker 20>It was also lost in the US, but time for professors,

3212
02:47:06.440 --> 02:47:10.319
<v Speaker 20>so that came. See that knew your customer that bitcoin

3213
02:47:11.000 --> 02:47:14.920
<v Speaker 20>not they have that he did with more different realization

3214
02:47:15.879 --> 02:47:16.680
<v Speaker 20>by network.

3215
02:47:18.159 --> 02:47:24.200
<v Speaker 2>That's the name of the coin of the cryptoad one

3216
02:47:24.520 --> 02:47:27.600
<v Speaker 2>is a l one crypt is really a one.

3217
02:47:27.520 --> 02:47:30.360
<v Speaker 1>Cryp to Okay, gotcha? All right, perfect, let's get no

3218
02:47:31.639 --> 02:47:32.799
<v Speaker 1>information real quick.

3219
02:47:33.000 --> 02:47:33.360
<v Speaker 3>Go for it.

3220
02:47:35.559 --> 02:47:41.280
<v Speaker 1>I had a doing So I think about it this way.

3221
02:47:42.079 --> 02:47:46.360
<v Speaker 23>There are productive assets and there are non productive assets.

3222
02:47:46.440 --> 02:47:47.760
<v Speaker 3>Right, it's just as real estates.

3223
02:47:47.799 --> 02:47:51.239
<v Speaker 23>It's not productive, but it can track could be valued

3224
02:47:51.280 --> 02:47:55.840
<v Speaker 23>from money over time. Similarly with good sima not so

3225
02:47:55.959 --> 02:47:58.399
<v Speaker 23>so much, but the same the space.

3226
02:47:58.479 --> 02:48:00.520
<v Speaker 3>That's how this coin is. Right, So.

3227
02:48:02.719 --> 02:48:05.639
<v Speaker 1>You don't really need to do much thinking for you to.

3228
02:48:06.760 --> 02:48:07.639
<v Speaker 3>Understand bits goin.

3229
02:48:08.000 --> 02:48:10.840
<v Speaker 23>If you understand good, you understand bits going So I

3230
02:48:11.040 --> 02:48:15.559
<v Speaker 23>recommend bitcoin, just recommend good and I'll say it starts

3231
02:48:15.600 --> 02:48:18.360
<v Speaker 23>with good before you go to biscoing. If you're just

3232
02:48:18.399 --> 02:48:22.200
<v Speaker 23>starting out, then if you want to look at the

3233
02:48:22.239 --> 02:48:28.719
<v Speaker 23>other crypto currencies, those are mostly things like Maeterium, Solana.

3234
02:48:29.239 --> 02:48:33.440
<v Speaker 23>They are productive assets. You know, they're not just currencies

3235
02:48:33.639 --> 02:48:36.959
<v Speaker 23>meant to exchange. There are also platforms meant for building

3236
02:48:37.200 --> 02:48:39.440
<v Speaker 23>things right, and there are.

3237
02:48:39.399 --> 02:48:40.319
<v Speaker 3>More active projects.

3238
02:48:40.399 --> 02:48:43.200
<v Speaker 23>So just as you go into productive as a classes

3239
02:48:43.360 --> 02:48:47.280
<v Speaker 23>like stocks until you understand them perfectly, understand what this

3240
02:48:47.479 --> 02:48:51.600
<v Speaker 23>company is doing, you don't go into productive crypto assets

3241
02:48:52.319 --> 02:48:55.200
<v Speaker 23>like Itterium or Solana and you understand what they're doing

3242
02:48:55.399 --> 02:48:58.760
<v Speaker 23>full very well, and then you need more to discuss

3243
02:48:58.840 --> 02:49:00.479
<v Speaker 23>more people who use those.

3244
02:49:01.000 --> 02:49:02.319
<v Speaker 3>Classes of clipture assets.

3245
02:49:03.040 --> 02:49:05.680
<v Speaker 23>So it starts with a non productive once they're safer

3246
02:49:05.920 --> 02:49:09.479
<v Speaker 23>started gold thiss coin. But then if you're feeling adventurous,

3247
02:49:09.840 --> 02:49:13.520
<v Speaker 23>I think it's Romance, sol and has been that their

3248
02:49:13.719 --> 02:49:16.520
<v Speaker 23>platforms for building is on. We become more valuable with

3249
02:49:16.600 --> 02:49:19.520
<v Speaker 23>the future, but know this space very well and do

3250
02:49:19.680 --> 02:49:20.440
<v Speaker 23>more research on that.

3251
02:49:21.159 --> 02:49:21.799
<v Speaker 3>That's what I would say.

3252
02:49:21.799 --> 02:49:23.879
<v Speaker 23>There's more I would have said earlier. This space wasn't

3253
02:49:23.879 --> 02:49:26.440
<v Speaker 23>already closing, but I'll live it.

3254
02:49:26.479 --> 02:49:27.399
<v Speaker 1>At that all right.

3255
02:49:27.479 --> 02:49:31.239
<v Speaker 20>Pressure that I apologize I sent you, I sent you,

3256
02:49:31.799 --> 02:49:36.000
<v Speaker 20>Please all right, I would say that Pie is free

3257
02:49:36.079 --> 02:49:39.399
<v Speaker 20>to mind Pie. It's free to mind pie. Nobody's good.

3258
02:49:39.559 --> 02:49:42.639
<v Speaker 20>And that was our bit coin started. It was free

3259
02:49:42.680 --> 02:49:45.639
<v Speaker 20>to mine pit coin. It doesn't it took more energy.

3260
02:49:45.879 --> 02:49:49.159
<v Speaker 20>When you take your bill, the bill, you see that

3261
02:49:49.280 --> 02:49:52.399
<v Speaker 20>you're mining bitcoin. But Pie you can mind by with

3262
02:49:52.520 --> 02:49:54.520
<v Speaker 20>your phone. It's free to mine it.

3263
02:49:54.840 --> 02:49:58.000
<v Speaker 3>It's also credible boys, free to mind it. And that's

3264
02:49:58.040 --> 02:49:59.360
<v Speaker 3>where you're becoming in.

3265
02:49:59.520 --> 02:50:03.000
<v Speaker 20>Mid That was how people accummulated bitcoin, to the point

3266
02:50:03.040 --> 02:50:05.479
<v Speaker 20>that even if they would have sued, I think we

3267
02:50:05.479 --> 02:50:07.280
<v Speaker 20>would have told one thousand two.

3268
02:50:09.120 --> 02:50:11.280
<v Speaker 3>Huge talk from the mining.

3269
02:50:11.520 --> 02:50:13.159
<v Speaker 1>I got you, all right, Eric.

3270
02:50:16.000 --> 02:50:20.000
<v Speaker 3>Cal Of, thank you very brief.

3271
02:50:20.079 --> 02:50:22.840
<v Speaker 5>I think we're in the rail wed space now in

3272
02:50:22.879 --> 02:50:24.120
<v Speaker 5>the industry, and just two.

3273
02:50:25.319 --> 02:50:26.719
<v Speaker 3>Bitcoin is the only.

3274
02:50:26.680 --> 02:50:30.079
<v Speaker 12>Asset in the assets class that has been legalized.

3275
02:50:30.719 --> 02:50:34.239
<v Speaker 3>So the conflation between Bitcoin.

3276
02:50:33.799 --> 02:50:36.360
<v Speaker 29>And the cryptal as an asset as an asset class

3277
02:50:37.159 --> 02:50:38.239
<v Speaker 29>is sure to be there, and.

3278
02:50:38.360 --> 02:50:41.840
<v Speaker 3>Many people are making a mistake. But Bitcoin is the.

3279
02:50:41.959 --> 02:50:45.239
<v Speaker 11>Only true name in the crypto as I can recommend.

3280
02:50:44.799 --> 02:50:46.479
<v Speaker 3>It to learn, I can I recommend the theorem.

3281
02:50:47.200 --> 02:50:48.840
<v Speaker 11>We read all the white papers, we know.

3282
02:50:50.520 --> 02:50:52.639
<v Speaker 3>When it comes to it, when it's a crash, all

3283
02:50:52.680 --> 02:50:53.280
<v Speaker 3>of them go down.

3284
02:50:53.319 --> 02:50:56.280
<v Speaker 29>At the same time, Bitcoin is the only name I

3285
02:50:56.360 --> 02:50:59.719
<v Speaker 29>can recommend for you, and just to be just to

3286
02:51:00.040 --> 02:51:02.840
<v Speaker 29>open the assets class discussion is important.

3287
02:51:02.479 --> 02:51:05.239
<v Speaker 3>For really the history of other asset class is good.

3288
02:51:06.239 --> 02:51:10.440
<v Speaker 30>Lest no matter what name you call, they are trends

3289
02:51:10.559 --> 02:51:15.920
<v Speaker 30>and they are right historical context. Bitcoin is very fifteen

3290
02:51:16.000 --> 02:51:19.520
<v Speaker 30>years is very history of assets classes.

3291
02:51:20.319 --> 02:51:21.000
<v Speaker 3>Thank you very much.

3292
02:51:21.319 --> 02:51:25.120
<v Speaker 1>Perfect. So everyone is Bitcoin. Let's get.

3293
02:51:27.159 --> 02:51:27.440
<v Speaker 3>Riddle?

3294
02:51:27.600 --> 02:51:33.040
<v Speaker 1>Yeah, riddle, go go ahead, yeah, good evening everyone real quick.

3295
02:51:33.280 --> 02:51:39.639
<v Speaker 32>So personally, I see bitcoin more as a store of value,

3296
02:51:40.280 --> 02:51:43.840
<v Speaker 32>and probably if I would like to preserve.

3297
02:51:43.600 --> 02:51:47.120
<v Speaker 3>Some capitals and cash, I can just put it into bitcoin.

3298
02:51:48.239 --> 02:51:51.559
<v Speaker 32>But I don't see it as something that would take

3299
02:51:51.680 --> 02:51:54.680
<v Speaker 32>me out of poverty. I would have said it if

3300
02:51:54.719 --> 02:51:59.239
<v Speaker 32>it were like ten eight years ago. Bitcoin is currently

3301
02:51:59.520 --> 02:52:04.079
<v Speaker 32>very very expensive, and if I'm looking to like investing

3302
02:52:04.120 --> 02:52:08.479
<v Speaker 32>bitcoin and get back a good sum in a few years,

3303
02:52:08.799 --> 02:52:12.319
<v Speaker 32>it to be very hard because I can compare the movements.

3304
02:52:12.000 --> 02:52:16.040
<v Speaker 3>Of bits grain when it was when it's moved from one.

3305
02:52:15.920 --> 02:52:20.120
<v Speaker 32>Dollar to over eighty thousand dollars now comparing it to

3306
02:52:20.319 --> 02:52:24.600
<v Speaker 32>if it's going to move from eighty thousand to one

3307
02:52:24.680 --> 02:52:28.159
<v Speaker 32>hundred and sixty thousand, two hundred and fifty thousand. It

3308
02:52:28.280 --> 02:52:31.239
<v Speaker 32>to take a lot of money below of liquidity to

3309
02:52:31.399 --> 02:52:32.959
<v Speaker 32>be pumped into the system to.

3310
02:52:33.280 --> 02:52:36.079
<v Speaker 3>Attain such amount of gain.

3311
02:52:36.600 --> 02:52:41.840
<v Speaker 32>So there are other crypto assets you can actually investing

3312
02:52:42.079 --> 02:52:45.159
<v Speaker 32>if you are looking to get yourself out of poverty

3313
02:52:45.200 --> 02:52:49.840
<v Speaker 32>actually and it is not a real gets rich quick scheme.

3314
02:52:51.040 --> 02:52:54.920
<v Speaker 32>The same way bits Going started like ten fifteen years ago,

3315
02:52:55.440 --> 02:52:59.000
<v Speaker 32>is our eighty rum started in twenty fifteen, and we

3316
02:52:59.120 --> 02:53:03.200
<v Speaker 32>have seen the grow over Tyrum from Saints to over

3317
02:53:03.719 --> 02:53:07.440
<v Speaker 32>four thousand dollars at all time. I so Lana grew

3318
02:53:07.520 --> 02:53:11.520
<v Speaker 32>from mere sense to over two hundred and ninety dollars

3319
02:53:11.719 --> 02:53:16.159
<v Speaker 32>all time. I and this Etherium and so Lanna are

3320
02:53:16.600 --> 02:53:20.120
<v Speaker 32>crypto assets that have done really really well over time

3321
02:53:20.200 --> 02:53:24.520
<v Speaker 32>because these assets can they have use cases, like the

3322
02:53:24.719 --> 02:53:29.440
<v Speaker 32>people have reasons like to buy them, and this demand

3323
02:53:29.600 --> 02:53:34.399
<v Speaker 32>in these assets has helped them to gain a lot

3324
02:53:34.520 --> 02:53:37.600
<v Speaker 32>of value over time. So there are so many assets

3325
02:53:37.680 --> 02:53:41.360
<v Speaker 32>in crypto assets you can actually invest in boats. You

3326
02:53:41.479 --> 02:53:44.799
<v Speaker 32>have to be very care because the the this piece

3327
02:53:44.879 --> 02:53:49.120
<v Speaker 32>generally is not really stable to lead level where you

3328
02:53:49.200 --> 02:53:52.840
<v Speaker 32>can easily invest in these assets and give your two

3329
02:53:52.879 --> 02:53:58.000
<v Speaker 32>eyes closed. Because five six years ago the cryptos that

3330
02:53:58.159 --> 02:54:02.200
<v Speaker 32>were like put on crypto market cup and Nogay to

3331
02:54:02.280 --> 02:54:04.559
<v Speaker 32>be fun today and we are still going to say

3332
02:54:04.559 --> 02:54:09.000
<v Speaker 32>the same for most of the like trendy crypto.

3333
02:54:08.719 --> 02:54:10.520
<v Speaker 3>Assets in the next to three years.

3334
02:54:10.920 --> 02:54:11.799
<v Speaker 11>And this space is.

3335
02:54:12.079 --> 02:54:15.799
<v Speaker 32>Evolving, ands are coming in every day, all right.

3336
02:54:16.200 --> 02:54:17.239
<v Speaker 3>I'm just going to round up.

3337
02:54:17.319 --> 02:54:21.079
<v Speaker 32>This space is evolving and we see different innovations every day.

3338
02:54:21.200 --> 02:54:25.360
<v Speaker 32>Different hel to el ones are launching every day, so

3339
02:54:26.399 --> 02:54:27.159
<v Speaker 32>people move.

3340
02:54:27.319 --> 02:54:29.600
<v Speaker 3>People tend to move to the new shiny things.

3341
02:54:30.040 --> 02:54:33.440
<v Speaker 2>Thank you, all right, perfect. I think it's been been

3342
02:54:33.479 --> 02:54:36.799
<v Speaker 2>a great session we've had for the last three hours

3343
02:54:37.000 --> 02:54:39.360
<v Speaker 2>we have. We've been here for three hours, guys eleven

3344
02:54:39.399 --> 02:54:42.639
<v Speaker 2>tours with late nighter now, so I mean we've heard

3345
02:54:42.639 --> 02:54:45.719
<v Speaker 2>from the Maximus, the folks that wants crypto or nothing.

3346
02:54:46.239 --> 02:54:49.079
<v Speaker 2>We've heard from the guys on traftional side, we heard

3347
02:54:49.079 --> 02:54:52.120
<v Speaker 2>from guys in the middle. So essentially this world were

3348
02:54:52.159 --> 02:54:54.639
<v Speaker 2>intended just to give you a read out of what's

3349
02:54:54.680 --> 02:54:56.840
<v Speaker 2>going on the world in terms of crypto. I think

3350
02:54:56.920 --> 02:54:59.239
<v Speaker 2>on Monday, I think there's a gentleman that's going to

3351
02:54:59.399 --> 02:55:01.559
<v Speaker 2>do an interview you based on that is a meeting

3352
02:55:01.639 --> 02:55:05.079
<v Speaker 2>with Trump and on the Bitcoin Council and all that

3353
02:55:05.680 --> 02:55:10.040
<v Speaker 2>important interview to watch on Monday. But The long and

3354
02:55:10.159 --> 02:55:15.319
<v Speaker 2>short is that this the bitcoin space, the crypto space,

3355
02:55:15.600 --> 02:55:19.319
<v Speaker 2>digital asset space, even the movement coin space has changed,

3356
02:55:19.440 --> 02:55:23.600
<v Speaker 2>regulation has changed, so value has been added and removed.

3357
02:55:23.639 --> 02:55:25.719
<v Speaker 1>If you're use you want to use those those terms,

3358
02:55:26.000 --> 02:55:27.399
<v Speaker 1>and of course you help not look.

3359
02:55:27.200 --> 02:55:29.920
<v Speaker 2>At the neuality that this is a serious as a class,

3360
02:55:30.680 --> 02:55:34.239
<v Speaker 2>something we should invest in according to our risk profile,

3361
02:55:34.319 --> 02:55:37.680
<v Speaker 2>according to our objective. Like I said, take a look

3362
02:55:37.680 --> 02:55:40.879
<v Speaker 2>at it and bring out a percent two percent and

3363
02:55:40.959 --> 02:55:43.159
<v Speaker 2>say it's something you can put money aside and see

3364
02:55:43.200 --> 02:55:46.920
<v Speaker 2>how it goes. You know, don't do too much. If

3365
02:55:46.959 --> 02:55:49.719
<v Speaker 2>you're maximist, that's fine, but don't do too much. You

3366
02:55:49.799 --> 02:55:53.440
<v Speaker 2>must always specified across board and then see where this

3367
02:55:53.559 --> 02:55:58.440
<v Speaker 2>takes us to. Still still early days, still early days.

3368
02:55:58.479 --> 02:56:01.559
<v Speaker 2>But I believe that in three years time, the market

3369
02:56:01.639 --> 02:56:04.399
<v Speaker 2>today will not the billing market that will finan true

3370
02:56:04.440 --> 02:56:06.319
<v Speaker 2>your time. So it might be a chance if it's

3371
02:56:06.360 --> 02:56:10.760
<v Speaker 2>at a discount today, to get in. If it's not, hey,

3372
02:56:11.360 --> 02:56:14.040
<v Speaker 2>there's always something that's gonna come down the world. So no, no, rush,

3373
02:56:14.120 --> 02:56:16.639
<v Speaker 2>don't rush, don't borrow to do this. If it's your

3374
02:56:16.959 --> 02:56:20.959
<v Speaker 2>free capital, see if you can get some exposure and

3375
02:56:21.159 --> 02:56:23.719
<v Speaker 2>you can wait. I don't like borrowing, to buy or

3376
02:56:23.760 --> 02:56:26.319
<v Speaker 2>to take a chance on something. So thanks to everyone

3377
02:56:26.360 --> 02:56:28.600
<v Speaker 2>that has joined, and I PreTect you guys for being

3378
02:56:28.680 --> 02:56:31.280
<v Speaker 2>here and to educating us. I've also been educated that

3379
02:56:31.440 --> 02:56:33.280
<v Speaker 2>I've listened a lot and I've learned a lot, taken

3380
02:56:33.280 --> 02:56:35.479
<v Speaker 2>a lot of notes as well. And I hope you

3381
02:56:35.559 --> 02:56:38.719
<v Speaker 2>guys do enjoy your week coming up in Nigeria and

3382
02:56:38.760 --> 02:56:41.680
<v Speaker 2>wherever you're listening from. I will be here again next week.

3383
02:56:41.879 --> 02:56:43.840
<v Speaker 2>No more daylight savings time. We might take it back

3384
02:56:43.879 --> 02:56:47.440
<v Speaker 2>to seven pm or we'll see so noo, guys. Thank

3385
02:56:47.479 --> 02:56:50.479
<v Speaker 2>you so much, guys, I enjoy your week. Keep it simple,

3386
02:56:51.079 --> 02:56:53.479
<v Speaker 2>keep it very simple when you invest, and you can

3387
02:56:53.559 --> 02:56:57.040
<v Speaker 2>never lose out. Have a good one and buy