Bitcoin, DeFi , Yield Farming, and Cryptocurrency Update

to another episode of Box Mining live stream here where we talk about Bitcoin, cryptocurrencies, decentralized finance, DeFi. It has been popping amazingly this weekend and we'll talk a little bit about yield farming as well. Today for me at least it's Monday the 10th of August and you know we do these updates. I'll show you guys the live update time so we do it once on Monday and once on Friday and whilst there wasn't too much news I mean it's weekend but crypto markets have just been absolutely blossoming this weekend. So in terms of real live news not too much but in terms of market news trends wow like I did not stop this weekend. I was just fully on alert and I don't think anyone else in crypto stopped either. In fact I messaged so many different people like I just named some names here. I was like I messaged Bobby on the weekend Bobby Ung from CoinGecko just trying to get a connection up and then boom like he replies in like 10 minutes stuff gets set up calls get set up like immediately. This is when the action is happening guys. It is absolute insanity. No one is sleeping. No one is like taking time off. It is absolutely crazy. I even had a call with Jeff from TrustSwap and just immediately yeah just bang on 10 p.m. what what time is it? It's time to get to work. Time to start developing. Time to come up with new ideas. It's absolute insanity right now and I think that's great for this whole ecosystem and you gotta move fast. Like that speed at which we have to catch up with everything is total insanity. So what we're gonna do in this episode we're gonna do first of all a brief rundown of the market so far just to get the narrative right. Some risk associated. I think there is always a risk and I think right now the biggest risk is off a minor pullback. So everything's going nuts. I mean we've been seeing like a hundred percent increases over the past few days. So the risk of a pullback is there. So I just want you guys to be aware of it. Not financial advice of course. Then I'll talk a little bit about what I'm getting into some of the new projects and some of my strategies going forward. And then finally I'll talk about yield farming. Yield farming has been great. It's been taking a little bit of a back burner recently. I mean those 1,000% APY days are over. But if you guys think about it yield farming was something I was super big for the last three months. Three weeks rather. Being one of the first guys to mine wifey. I was almost 1% of the pull at that time. And that generated what what was it like 150 million dollars of wealth into one week. Like for the total market cap. I mean that's insane right. So I'll talk a little bit about that. Get you guys caught up. I'll do some Q&A as well towards the end of the episode. So guys make sure guys if you're coming in make sure you smash up that like button. It really does help this channel grow. So just smash it up. Right now we have 123 people here already. That is insane. Usually these streams it starts off a little bit slow and it gets that momentum going. But this time like I just saw like 60 people waiting right off the bat. I'm like okay. Boom market time. Get a rush. Get a rush. Get a rush. It's time guys. So big shout outs to everyone. Before we start obviously I want to do a mini ad. So I think today I'll just talk a little bit more about my podcast. So let's go and talk about my podcast. So box mining podcast. Okay so Bitcoin out of box. So Bitcoin out of box is my podcast. We are doing updates every single week. I know this week for some reason Apple just tried to bug out. But anyways we have so much information a wealth of information here about what is happening the latest ups and downs in crypto. We got a lot of the insights a lot of times before things really happen. You can start finding out about everything that's happening here. Not just so we got TrustSwap CEO Jeff Kordakis. We got the Plutus DeFi guys Ruben Yap on privacy coins. That was a really insightful interview on everything privacy. You got Benamin from Elrond. I mean if you looked at what happened to Elrond recently that was insanity. And you can see his determination and strength here. We got Sash on his strategies from Altcoin Buzz. Man he's doing absolutely crazy. We've been sharing screenshots and they're just like nuts. And then we got Charles as well from Genesis Block. So that is a packed podcast. We have more coming up as well. So make sure you check it out. Bitcoin out of box. Search for Spotify. Apple Podcasts. Everything. Just make sure you're on it. On the ball. It's something great to listen to on the go. So let's start off. Let's start the episode off. I know I'm just doing my morning talk about something I am caring passionately about. I will get everything with the podcast fixed as well. I know that there was one episode lagging behind an Apple iTunes. But you know that is the case. And big shout out to everyone here. So we got SD generated three Rolex watches in a week. Crazy. That is nuts. I know how that feels. Man looking at Rolexes. You can't see the biggest problem with Rolexes. You just can't get them. I'm so sick of that Rolex waiting line. And I'm so sick of the secondary market. So you know I hope you like it's just insane. We got cactus coolers says wifey strong dumplementos. We got to talk about pumplementos and dumplementos in this lesson. And the thing is about yield farming is that I took it very very safe. So I didn't towards the end of last week I didn't have too much exposure to the market so to say. So I'm in pools that just have Y curve or just have link etc. I'll talk a little bit about yield farming towards the end. Anyways let's do the market narratives. Thank you everyone for coming in. Thank you all the admins for also helping out. They do this absolutely for free. This is one of the best community channels in the world guys. This is the best guys. So thank you guys so much for your time admins. We got t-shirts. Admins I'm not sure if you guys know but admins you guys get free t-shirts. That's the only free thing you get from me this year. I'm so sorry. I need to get more stuff. I need to get more thanks. But guys you get three t-shirts. We've been sending them out. I know Hong Kong Post is a little bit bad right now but we'll be sending these t-shirts out. We're starting to get that pipeline going guys. More stuff is coming. So anyways let's get a look at the market first. Oh so market wise lots of green. So seven day wise honestly Bitcoin Ethereum they kind of recovered. So they kind of they're kind of sitting at the top of where everything is. But and in terms of action there's not too much going on in the top cryptocurrency. So that's the kind of current narrative. So yes it did move. All right. So it's fluctuating a bit. But in terms of kind of what's overall happening with the market the biggest movements are in the decentralized finance and in the gaming space. So if you just look at the top 24 hours we have all these insane pushes. Right. So top 24 hours. Nest Protocol. We all have NXM. People were talking about it like crazy yesterday. But the only problem is like I almost got in but you had to have your KYC done for it. It's an insurance for decentralized platforms. So anyways there was so much talk about yesterday. This is my biggest regret. I was like I had to fill in my passport details. I have to do all this. I'm like nah I'm not gonna I'm not gonna do that. That's too much time. But anyways it went up 60 percent. That's crazy. Banned because of that listing from Flamebase. It went up like crazy. I mean look at the seven day right. Like not just the 24 hours but look at the seven day. Banned's up like three times. That's just insanity of going on what's going on here. We got Balancer also. Balancer was listed on Binance. The funny story of Balancer was like I told quite a few people about crypto over the past few weeks. Right. And one of them right. They immediately jumped on Balancer. They're like oh it's listed on Binance. It's going crazy. Boom. Instant data 2x. I'm like wow that's insane. That's insanity. Right. And that just shows how crazy this market is right now. In terms of decentralized finance the listing of these protocols of these services finally caught on and obviously there's a lot of insanity going on right now. I'll talk about the risks in a sec. I'll just get the excitement out of the way first. But anyways that's kind of what's the current state of what's happening. Almost everything related to decentralized finance was crazy. Talking about TrustSwap as well. Like it's the speed at which you move right. So you know I've been talking about TrustSwap a bit because I'm recently brought on as an advisor. I spent ages thinking about this right. So I spent ages thinking about what's happening. Should I you know be even part of this. And in the end I settled with I want to be part of this action. And man there was so much action. The speed at which it moves right. I knew Jeff from a long time ago. We were in Bali. We worked out together. I knew that he was a very active person. But that translating into the whole crypto space moving at a very fast speed. Not just involving people and bringing them on board. I think a lot of people are saying oh he's bringing influencers on board and stuff. But in terms of also what he's doing in terms of development and insight. I tell him about something new and boom. Like that speed at which he catches on. Design something. Pushes it out. That's crazy. And that's the speed at which we need to be at in this space. People need it. So obviously right now there's a little bit of consolidation in the past 14 days. It went a little bit too crazy. But that's the whole crazy part about crypto. Consolidation. Move up. Move onwards. That's the insanity of everything going on. And speaking of the insanity here. So I just want to read you a small quote about what's happening. It's a little bit interesting. I saw this on one of the chats. I'll credit Ivan for this. He wanted to remain pseudo anonymous. But there is a group that he's in. If you want to be part of that really cool group. It's not paid group. But it's actually really insightful. Has a lot of people from that's been through this rush. So let me calm everything down here. And I'll tell you a little bit about the structure. But I thought this was a very good quote to go on. So let me read this out to you guys. He said, during the bear, nothing really worked. Binance listings only really. You had to stay afloat and not die. Unless you had legit portals and MM Capital Boost yourself, I would say SNX had it. And early-ish, I was able to start the bull run with a much bigger invalidation. Others went to zero and it's now just starting to climb up. So that was during the bear. That was last year. It was brutal. It was brutal. A lot of people were very, very depressed. You can feel that depression 2019, 2018 when people lost money. We're human. We're human, right? We're human. We're vulnerable to these huge mood swings. And the ability to keep pushing on is important. And even last year. So last year, I have to confess, I kind of took some time off. I was traveling a lot because just the market wasn't moving too much. I knew that I wanted to be in crypto. I still made videos every day, but it wasn't as frequent. And I'm glad I took that time off because I'm like, now is the time for no break, right? You don't want to have any breaks during this time. That was when you have to just do your bucket list. Last year was my bucket list. Take it off. Iceland, boom. You know, Venice, Italy, boom. Take that off. USA, I wanted to go around, drive around the States. Yes, boom. Pacific Coast Highway, done. You know, just taking off that bucket list. France, go check out whatever the lavender fields, whatever, right? Go Bali for a week or go in a jungle, dance around a bit. You know, get that energy out. It's that insanity. That's last year. This year is all about work. This year is out of the bull market, all about work. Okay. Then, okay. So then as then the market started to revive, quality investors were looking at P and E, so profit and earning ratio, usage numbers. They want early alpha to be early. They want someone desperate to make this work. They were convinced themselves of value being there. DeFi was the strongest leader and there was indeed value and they saw an opportunity to capitalize on it. So this is really last year as well. Late last year, there were huge investments into the space. There are a few things I did miss out. So I was into DeFi, but I was a little bit too afraid of investing aggressively. So I think the people who did invest aggressively is people that just jumped into ample forth for dirt cheap, people who jumped into compound, people who jumped into MTA. I think that was one that I kind of regret passing on. So people who got on this and just jumped on board, boom. Okay. And then the market started going announcement, partnerships, rumors started doing better. I guess a lot more PR and things going on, partnerships and all these things, but attention was already getting scarce. Okay. Now the noise starts. Your community must be built before the next stages. At this point, it's all about speculation. Now it's in the degen phase. So it's a full-on degenerate phase. It's about narrative trading, the signals and any random news, anything works. Nothing doesn't work. You are free floating. All ideas are good. Shillers are visionaries. And I kind of agree with that. I actually kind of agree with that. That's kind of the state at which we're in right now. We're kind of in this irrational state. And I think you need to just be blunt about it. I feel like there's no need to sidetrack this and say, look, everyone's a legit visionary. There's definitely a lot of hocus pocus going on. It's not really the most rational market. There are things that just go up. People don't even look at profit and earning ratios. Why do that? And there are so many new projects and new coins. We're talking about total value locked. But sometimes when you like, just like in the case of yield farming, total value locked really spikes when the rewards are high. But what happens when the rewards go down, right? When the new coins stop being distributed, et cetera, can this project sustain itself? So right now we're kind of at that full-on degenerate phase. And it's not always the healthiest phase to be in. I mean, I made a few videos about, you know, DeFi overhyped, DeFi not overhyped. And there's a whole video series up here. But I think the conclusion of that was that this is the market. I think, you know, I think 2017 box mining would be said, oh, this is not right. This is not right. This is not the way it should be. And I tried to change it. But this year, I kind of realized that this is the flow, right? This is, you can't change people for what they are. You can't, you can't, like, you can't change people. The only way to, to exit out of this DGEN phase is for everyone to have insane amounts of EQ where everyone makes the perfect rational decision. But that's not possible. You just have to understand that this is the risk you'll be taking. And there will be a time when it comes where there will be a consolidation phase, right? There will be, there might be a 30%, 40% that just, like, slam down on the entire market entirely. That is absolutely possible. And this definitely did happen in 2019. So that's why I'm having these stern warnings. We have this emotional hype upwards, but you just have to be prepared for it. Like, I'm fully prepared. I'm fully ready for that. I'm like, I'm ready to buy that dip. But if you look at what happened to Ampleforth, too, that'll be a big example where it rocketed to 100X and then bam, there's a sudden consolidation phase where it loses and sheds 70% of its value. And people are just wondering what the hell is going on, right? People are wondering, but that's kind of expected. If you go up 100X, I mean, there are people who don't want to take profit and this kind of cascades into that kind of event. So it will happen. It just, whether or not you're ready for it. And so my strategy here in that, in that sense is definitely go aggressive when you need to go. So in the past three weeks, I have been going extremely aggressive. If you look at how aggressive I've been yield farming, I jumped into everything. I jumped into Wi-Fi when it was early. I jumped into Wi-Fi 2, Wi-Fi 2 when it's up there. I jumped into YFFI. I jumped into Cream. Cream did extremely well, by the way. And then all of that, all the profits, around 10% I took out. The rest, I just reinvested into new coins. Just like threw that on the market. I just kind of, the whole last two weeks was all accessing that stubborn mindset, right? I learned from the mistakes I made in 2017. 2017, when I was introduced into a lot of crypto, it was led by a lot of maximalist thoughts, right? Bitcoin is the best. Everything else is a scam. Don't bother exploring everything. No, there's a lot. You can't, you have to unstick, just unstick your head from the giant hole. And I think this is like, you know, I joke about this. I had this one that this was like a popular meme going on. I totally respect that. I didn't want to mean any disrespect to Maximus. And Jimmy Song is such a good person. He's such a good person in real life. He knows so much, right? But he's also a Bitcoin maximalist where you feel like, okay, Bitcoin is the only coin. It's the only project that is valuable. And we had all these debates over the years. And I feel like the people who think that Bitcoin maximalist is the only coin. And a lot of people coming into this, read this Maximus thoughts. I think it's absolutely okay to have a huge huddle in Bitcoin. And that's not me, right? Not financial advice. That's me. I actually have a huge huddle in Bitcoin and Bitcoin takes up every almost everything. But at the same time to say, like, it's okay to just huddle Bitcoin. And it's like, it's the easiest way to do it, right? Like in here, when you're talking about altcoins, there's also a lot of scams going on. We'll probably talk about those and tons of value as projects. There's going to be projects that completely fail, even if they have the best fundamentals, whatever, maybe just suddenly it's just gone, right? So a lot of people choose not to go into altcoins. And that's absolutely great. But at the same time to say that there's no innovation and all of this as a scam, that's going too far. And I think that's where I kind of felt like I'm like an anti-maximus now. I don't feel like that Maximus mentality works. It's almost like Peter Schiff, you know, like he's like shouting, oh, gold is the only way. Bitcoin is the fool's gold. It's a scam. And he's been doing that since, what, 2012? And, you know, back in 2012, I actually believed that. Like that was how dumb I was. I was just a total idiot. I was like, oh, maybe I should listen to all these guys who have been in the financial industry for such a long time. I was still a student back there. Maybe they're like teachers. Maybe they're warning me against Bitcoin, right? That's part of the reason why I sold Bitcoin at $15. When Bitcoin pushed from 10 to 15, I was like, oh my God, this is the bubble I am out, guys. Listen to that Peter Schiff guy. He knows what's up. Bitcoin is going to zero. No, it didn't work. And that set me back so much. It set me back. And like when Bitcoin pumped to a thousand, I was just like frying inside, you know, I was like, oh, and I'm like, oh, I'm just going to wait until it's back to 15 again. I'm going to buy it, buy back. Like so, so dumb. Got to just take your head out off the sand, wake up. There are so many developments. There's actual value being delivered. Yes, we're in a degen phase. Yes, this right now is a little bit crazy. The market is totally irrational maybe, but at the same time, there's so much innovation happening. If I, like I'm actually actively using tools. I actually did deposit my Ethereum in MakerDAO. I pulled out dye and minted some dye. Now I can use that dye to do something awesome. But at the same time, I'm exposed to Ethereum. That's crazy. I didn't even think that was possible. So anyways, that's kind of the whole situation up there. I know, I know it was a little bit hard bashing maximalism, but I felt like it's absolutely necessary right now to be extremely dynamic. Just move on. Like I no longer at all read any news relating to gold and Bitcoin going to zero. I think that's completely nonsensical to me. I don't read or don't care for that anymore. That's like, I'm out of the discussion, right? Nor am I out of the discussion for maximalism. So maximalism is the wrong way to do it. You can't like, it's not for me, right? I feel like I'm here to look at what's new. I'm here to look at what's happening and to use all these tools that's happening, get exposed to this. And of course, obviously there are a lot of risks associated to it and I manage my risks the way I designed it to be. But those two arguments, no longer unnecessary. Thank you whoever made this is hilarious. You know, like you can miss out on so much. And it's just like, like the way I feel it's like, it's like almost like calling the internet a scam. You know, back in the day there were old people like, oh, the internet's a scam. No one's going to go online and fill in their credit card details and buy stuff on the internet. You know, that's all a scam, right? Anyways. All right. So guys, moving forward, we have a beef 30 that asks a very important question. Any thoughts on the rest of Jimmy Lai, the founder of Apple Daily in Hong Kong? Hong Kong is going through a lot of unrest. I have completely stopped commenting on Hong Kong politics at this current point because I feel like there is a lot of risks in doing so. And at the same time, with regards to politics, I've told this to my friends as well. I just stopped reading politics. I look at generally what's going on, but the problem is politics is so it's, it triggers people, right? It triggers people. It gets you kind of committed to reading more and more. And it's a black hole. Crypto is going at full speed, right? You don't have time for that. I ain't got time to read politics. Like I'm here making money, right? Like maybe we politics when I'm bored or like when the bear market's here, but during a bull market, why are you wasting time on this? Like you got to make sure you're every day, every hour is efficiently planned. You got to make sure that you're eating at the right time. You're not wasting your time, you know, buying food or I don't know, driving out for an hour or something like that. You got to be on the ball. There's so much that's going on. You got to be making those connections. You got to maybe making, figuring out what is happening. You got to be figuring out planning 10 moves ahead of everyone else. That is what your time should be dedicated to else. You're going to get wrecked hardcore. Like I've been telling people, like I know friends that like read politics up like 10 hours a day and stuff, and they just get so angry and so worked up, right? Everyone's so worked up right now. Like COVID is going to work in people up. Trump's working people up. Hong Kong's working people up. Delete, unfollow, boom, gone. Anyways, that's, that's my two cents about everything going on. Peace Beats talks about best DeFi yield farm right now. So DeFi, I'll talk a little bit about yield farming. Yeah, Nick Miles says politics is just a waste of your time and energy so seriously. And that's the last bit, you know, I'll be talking about Bitcoin talks and crypto politics too. I think crypto, we have tons of politics too, and I ain't got time for that too. I'm just gonna, I, in this period, I've just buried all my grievances. You know what? I don't care anymore. I don't care if there's all these rumors. I mean, I think the biggest one was Chainlink, you know, for longest time, I was very apprehensive about Chainlink because I felt like there was all these rumors, right? Like, um, just the story going forward. There were all these rumors that this is a Russian pump and dump. And obviously this way before Zeus capital too, by the way, this is like all the way in January, I didn't buy them because I was like, uh, you know, I'm afraid of that. And then it just shot up, right? It shot up to four, five, seven, 10, right now, $13. And I was just like, ah, you know, I had access. I had these like feelings. And then this week I was just like, you know what? Everything gone, you know, it has value. It probably has a too much hype, a lot of hype, but at the same time, it has a lot of value. And there's just no point having all these grievances. And you, I think you can all learn from LinkChain in the sense that Zeus capital tried to fund it, right? Zeus capital made this supposed Zeus capital, you know, they had the name similar to the London bank firm, but it's not, it's just probably a group of people. They made this huge article about Chainlink, how it's worth nothing. And obviously they placed a gigantic short on Chainlink. So shorts are when they benefit from the price going down and they tried to pay people, literally pay people to draw charts of Chainlink going down. But recently Chainlink did nothing but go up and they got wrecked. They got wrecked. That's a problem, right? This is a problem. You can't, you, you can't let all the grievances be there. I mean, obviously there's, maybe there's a merit to everything. There's always uncertainty and doubt, but at the same time you have to be aware of it and not let it cloud your, overly cloud your judgment. I think that's one thing I learned. I mean, maybe perhaps just one day that it will completely crash down to zero. Maybe if it doesn't deliver, but at the same time, what if it does deliver, right? This is what you have to be thinking of. So on that line of thought as well, recently I've been farming YFLink. So in terms of yield farming, I know this is a bit weird, but all the YF clones, they're pretty much gone at this point. So yield farming is a very different time now. So YFLink is still all right in terms of kind of, kind of where the market is, but you have to use Link. So I did go into the pool for YFLink. So it's YFLink.io. So we have this one. So recently, not financial advice, of course, but this is my current strategy. So I don't usually go into the balancer pools because of the token volatility risk in permanent loss. I have a new episode on that very soon, but there's just higher risks of coin fluctuation in these. So typically speaking, I'll just go for a Link one. So I did have, I'm holding Link now. I'm a Link holder finally. And I just checked out the farm and it's not bad. I mean, it's around 50, 500% right now, not even 50, 500%. So yeah. It's so messed up. I guess looking back at it, it's so messed up. Like these numbers, I don't think are sustainable, but at the same time, whilst I'm here, I'm farming. I'm just farming. I'm just like yield is yield, profit is profit. And I'm doing the minor thing, which is I sell 90%, keep 10% of my yield. Yeah. The Beef30 says, use capital should have put big boy cat pants on instead of those short shorts. Absolutely. And it just goes to show. So even with Link, um, just going there, we added, we added this list on boxmining.com. So that's newest news, but there was a giant liquidation, right? So there was a liquidation that happened, um, over this weekend. Let me try to find this article is a bit long, but so, yeah, so there was data showing that there was around 11 million, let's see, $20 million, which was liquidated. So this is a case where, all right, so this is the, this is the point here. So they, they were on Ava, it was possible to stake your USDC and borrow out Link. So this is definitely a short seller. So what happens with these short sellers is that they stake their USDC, they pull out Link and they sell this Link on the market. They're trying to dump the price. So at a later time, they can buy the Link back again at a cheaper price and then return this loan. So if Link does go to zero, so let's just say they put this $21 million there, they borrow out all this Link. And if Link goes to zero, all right, this is, this Link has a $17 million valuation right now. They try to dump it at the market and create as much fear, uncertainty and doubt as possible. And like hypothetically, let's say if they just went to zero, like they said it did, then the value of that Link would be almost at zero, maybe like a few thousand dollars. They can very cheaply buy that Link on the market, then return it to this loan and then pull out their USDC. Happy days. That's, that's their plan, right? That's a short seller's plan. So they stake up, they have this $21 million. That's not a small sum of money to $21 million. They stake up this money, they borrow this Link, they try to destroy the market, then they'll return it, take out the money and then everyone's happy, right? They, they made quite a lot of money in the process, right? They, they, they make this money, they make this $11 million. If this goes to zero, they make that money, right? But the problem of course is that Link's value just kept rising and kept rising. And it just blew apart this loan. So this loan came to a point where the value of the Link went over their collateral factor. And then boom, that's got liquidated. This USDC got sold off and they're, they're crying in the corner being like, Oh crap. Oh crap. So that's kind of the situation. I think, um, it was funny to watch that. And, uh, it really goes to show one quote, right? Okay. Um, so this is by John Maynard Key needs that says the market can remain irrational longer than you can remain solvent. I think that's a great quote. So we are maybe entering that DGN phase. Maybe everything's great. Maybe not. But at the same time, I think there is market irrationality here and they just tried to short a bull market. Yeah. Oh, all right guys. So let's talk about what's, let's do some Q and a talk about what's happening. Let me see what else I got prepared for you guys. Just very quickly. Um, there is an article coming up on impermanent loss. This is extremely important. If you're yield farming this chart, basically, um, there's going to be a full episode coming out about it, but basic summary, I just have to tell you guys very quickly. So if you're staking funds in liquidity pools, it's becoming extremely popular. So either on balancer on Uniswap, et cetera. So what happens on these pools is that these funds are being used to make the market. So they're being used to live in the market to fill orders. So they're not used passively. You have to remember balancer and Uniswap both are using your funds. If you stick in the liquidity pool, use them actively for trades. That means if one of the assets go up in value or go down in value, you're going to suffer something called impermanent loss. So the best situation obviously is at 100%. So everyone's, everything stays the same. That's when you're going to make money without any impermanent loss. At the same time, if one asset goes drastically down in value, not only are you going to lose money based on the value of one of the assets you're holding, but you're going to lose extra value when your funds are actively being used to buy the dip. And the same thing goes with when one of the assets go up, your assets are actually going actively being sold on the market to fill in new additional orders. So you're going to suffer also impermanent loss. So I'll talk about that in a little bit more detail. That's coming up in an upcoming video. So make sure you have that notification button on. That's super important for any yield farmer out there. If you're ever considering a liquidity pool, you got to know the risks. You got to be smart. You got to know those risks. That video is coming up very, very soon. And if you're part of the notification squad, if you just put that notification button down below, you can be part of the notification giveaway, the t-shirt giveaway. So we got these t-shirts are coming out. The new ones, not this old one, but new ones coming out. But we're giving these t-shirts away. Just type hashtag notification squad. When the video releases, you get a chance to win a t-shirt and probably more, probably do something more. I know a t-shirt is not always best for one, but I love my t-shirts. Anyways. All right. Staking protect the future. Project are the future. Staking projects are the future. I think staking is good and bad. I mean, it's very, very popular right now. But, you know, you got to be careful. You got to be careful. You got to know the risks. All right. So yeah. Also here, we got some crazy balancer pools here. Predictions.exchange. I was looking at this over the weekend as well. This is kind of cool. So this is like the idea I'm talking about where you got return on liquidity. I mean, some of these pools are offering like what, 60, 70% return on liquidity. That is insanity right there. I mean, these ones, balancer ETH. And the reason why they're offering such high return on liquidity is because balancer was very volatile. So if you did put your money into a balancer pool, you'll most likely lose even if the return on liquidity is very high because balancer prices are just going up like crazy. So in that case, your balancer is actively being sold on the market to fill those orders. And then, yes, so your return on liquidity is high, but your balancer is sold. So when balancer is taking that massive rally that we're experiencing now, well, that's gone. That's gone. So honestly, for, for, um, for all this, this stuff, I've been looking more at something like all the BTC, WRAP BTC and stuff. Um, and those ones here. So I'll talk a little bit about it. I'll talk about what my thoughts are about it, et cetera. And that is awesome. Um, uh, all right, we'll do some more stuff and, uh, we'll talk about, we got black silver stacker says, do you like tacos? That is awesome, man. So recently there's a lot of meme and fun coins. Obviously I have to say a confession. I did jump into a few meme and fun coins and the one tackle is coming up. So I'll show you guys, um, I'll show you guys the taco link. So if you guys are interested in having a bit of fun, I think these are all just fun coins in my opinion, but if you guys want and are interested in tacos, um, damn, Hey, um, silver black stacker, can you, can you send the taco link here? I'm not sure why it's not searching up on my, um, on my, uh, Twitter. Uh, let's see. Oh, taco token. So if you guys want to, if you want to play with taco token guys, feel free. So with these things, um, you know, I've normally don't touch meme coins, but this season went on. I'm just like, I'm playing with meme coins. Why not? I think it's just for my personal enjoyment. So if you guys want to check out tacos, they're launching very, very soon. And I think the most interesting about tacos is that they didn't sell anything at a, like a discount for anyone who bought in at, they just kind of like did it and people can get in early, but they can't buy at a discounted price. And I think that's absolutely vital at this current point. But yeah, tacos, so guys, don't be surprised if there's taco memes or if I'm eating tacos. I know last week I was, um, I was so hungry cause everyone was talking about attendees. That was like the meme of last week. And then I had a, I couldn't resist and I just got a bucket of chicken. Oh my God. Look at that. Look at that. Okay. That's, that's so delicious. Um, I, I'm not sure if you guys have Popeye's wherever you are, but there's like one Popeye's in Hong Kong. I was like one. And I had to just go there. I had to go to the one single Popeye's and get myself some Popeye's after seeing that. But anyways, tacos, I think this week I need to find a good taco, taqueria this week. So, okay. Let's see what else there is. Um, this is stuff I avoid. So I, on Point Telegraph, every time I see stuff like this, options, data pro traders expect ETH price to break 400. Be very, very careful with this guys. Um, I know news like this, everyone likes to read. This is why it gets posted on Point Telegraph, but at the same time, um, yeah, it's like, these are mostly for clickbait. And if there is, like, if there's a lot of options interest, the biggest problem is this actually causes higher volatility when options get liquidated. So just be careful that if prices shoot up, so even if people are lying, even if there's a irrational, if even if it's a over, uh, what would you say? There's more shorts than longs. I'm sorry, there's more longs than shorts, which was a position that was happening last week. We could actually have particular whales that are hunting to destroy those options. So that's actually, it was exactly what happened last week. So with this, you have to really balance out that data that you get and realize that when people are placing longs, they could be in an over leveraged position. A lot of people are tend to have this gambler's mentality in this place and which leads to some situations, just like what happened a week ago, where suddenly prices just crash and you're like left thinking, why is this happening? And it's because people are intentionally hunting to destroy professional traders, pro traders. All right, just be careful, guys. Um, so yeah, do Weed Point Telegraph, but I don't really take it too hard. I mean, they're talking about yield farming and we've been there for like the last three weeks. That was when it was profitable, guys. That was when it was profitable. Um, right now it's still good if you're finding YFLink, but it's not, not as crazy, um, as before, but you just got to keep your eyes open. So yeah, that's kind of the news. Also the last one, just, just on the media as well, I just would like to bash media, even mainstream crypto media. Exclusive wifey's Andre Corona is tired, broke and close to quitting DeFi. Oh my God. Andre Corona, the software developer who helped grow DeFi into a multi-billion dollar industry is on the verge of calling it quits, calling the community toxic. Oh my God. This is one of the, I actually believed it. Like when someone shared this in my channel, I believed it. And I thought, Oh my God, maybe this is happening. And then of course, obviously I noticed this crypto. So I chased up and what was happening. And Andre actually quoted and said, um, if you follow Andre here, you know, Andre, if you follow Andre, he quoted this and he just like, no, this is, this is really taken out of context. And, um, um, and then this is kind of the counter of what's going on. So like he had to immediately, um, he had to kind of refuse to, that he says the actual interview, not whatever the hell exclusive autos. Um, I, what was it? It was a file buried behind this. So, uh, things are happening so fast. Let me just make sure I get the right quote, but okay, this one, um, thank you for the, uh, thank you for the amazing responses. Second, don't talk to reporters when you're angry. Third, there is truth in the article, but it's a lot more sensationless than the full picture. Fourth, I sincerely, sincerely appreciate, appreciate the donations. So there were $150,000 donated to him after article when they said that he was like broke and hungry and stuff like $150,000 who came from the DeFi finance, um, DeFi community. So I'm really glad that people were just like, just threw money, hurled money at him. I just, here's a donation. Just take it. Just take our money. Uh, I will be returning all of them. There was, there was, there was actually a proposal right now to return that money. Uh, so if you guys donated to him, like he's not, he's not broke. Okay. He's, I mean, he's been in crypto for a long time. He's probably loaded. Like he's been here, he's been writing for, um, crypto briefing. He's, he's probably loaded, but he said that, um, he has loans out because, you know, um, he doesn't want to take out his crypto. He wants that crypto exposure. So he's crypto rich, but real life poor. So, you know, that's, that's where the sensation, like some said he's broke and hungry and tired. And, you know, that's, that's crazy. So anyways, I'm just bashing mainstream media a bit, but that's really what happened. And everyone, like a lot of people donated. I think that's really awesome off this whole entire community overall. And if you guys did donate, if you want a refund, there is a refund option. If not, he's just going to spend that money and buy wifey or something like that. So, uh, that's kind of what's happening. Um, we got winners as please let us know how to keep track of yield farming opportunities. So, um, it's the best way to do this. We have a good discussion on the box mining telegram. So, um, there's a lot of talk up there. So we farmed, uh, wifey when it came out, wifey to, when it came out, we also farmed Y FFI. That was when I lost a little bit of money and learned the hard way about impermanent loss. I didn't expect Y FFI to drop so fast. So that was like around when I actually did lose money. So that's my lesson, like not being too fast. And then of course, continue farming. Cause it's just way too profitable and wait, wait, like the profit way out rate the, the one loss I suffered. So I just kept going on. There was cream. There was, um, YFT. Um, there is YF link. Um, lots of farming, lots of farming is Y vaults, which I'm in right now. Um, yeah. So if you guys are interested in checking it out, make sure you check out the telegram group. Typically speaking, I don't share it on the channel as much when, cause what happens with the best farm is the best farmers are when they just release. That's when the, uh, the, the rewards are the highest. So I jump in those groups, I get in, but the problem is of course, some of them turn out to be exit scams. Um, you don't like, you want to do your research, like jump in, but I do my research, right? So you don't, you don't want to share that at the time because I don't want people calling me the scammer or the shiller or whatever. I think there was a community that was like also angry at box mining for that. I want to be at the front line. So if you want to, um, see anything there, it'll be on telegram for stuff on this channel. Generally I'll respond to questions, but like, um, if you know what, want to know what I'm mining right now, like Y vaults, absolutely. Uh, Y FFI a little bit now. Uh, now the price has stabilized. I'm back into Y FFI pools rewards, not too high. It's around a hundred percent. I know it sounds stupid, but you know, that's the way it is a hundred percent. And we're just looking down like a hundred percent, but, uh, but also cream finished, um, last week. So I'm, I'm eyeing that. So cream was another project that I was mining. Um, but they only have five days of drops, right? So that was unfortunate. Um, so that, that finished, but I'm going to expectate to see what's happening there. Y F link is where it's happening. If you have link. So if you're a link holder, that's where you should just jump into, I'll put the link down below. Um, yeah. And that's pretty much the case right now. Um, Oh yes. We got SD says you miss green Y FFI. And yes, there is a green Y FFI as well. I totally missed that. Totally forgot about it. It was part of the cream ecosystem where there was a Taiwanese Y FFI as well. And as that's still going, I should actually definitely check up on what's happening with green Y FFI there. Um, there are so many things I cannot keep track of this. Um, yeah. And that's why I said, I mean, like I'm working nonstop. I'm like literally sleeping at 3 AM nowadays. Uh, just waking up, uh, checking prices. Um, I mean, yesterday, uh, this whole week, last week was trust swap. I was going like crazy again. Uh, this was a situation where I actually did provide liquidity to the liquidity pool. And then I was just watching the price go up. I'm like, Oh my God, my trust swap is being sold. Oh, it's crazy. Um, but I think at the same time, I wanted, I wanted to a make the money on the trades and also provide a little bit of liquidity to a project as well. So, uh, full disclosure there. And last week, this week as well, um, this insanity happened this today. I just wanted to share this with you guys. So two of Jeff's projects, so I'm pretty close to Jeff. Um, we're really good friends. His other project uptrend just went like nuts this week. So in the last seven days, it went up 600%, 700%. I was just insanity. So I was just like, uh, this weekend, I was like, Oh, now it looks like I'm set for this week. Like, thank you. Thank you. And it was one of those projects that I held on for the longest period of time. Like people talked about it. I talked about it ever since I was with him in Bali. He was a big uptrend guy. I knew that the community was growing there. It had a way more active community than a lot of the social media channels. I saw it was more active than steam it at that time. Um, the, the, the, the groups were active. It's like the social media uptrend. It was crazy. So that's when I did buy in, um, bought in like ages ago. And then just now it's just like, it's insane. Right. So I feel like this is kind of the situation right now where I think a lot of people, I think I'm a person that when everything is full moving up, when it's up on its rally, I'll obviously be a little bit cautious. I, you know, I'm not telling you guys, yo, buy onto this rocket ship, wait for consolidation, maybe wait a few days to see how it consolidates and then see what happens. I mean, FOMO is not your friend right now. Don't write that rocket up, not financial advice, but I don't write the rockets up. But usually speaking, I find value beforehand. This was one of the biggest examples of where values was found beforehand. And then I hodl onto it. I'm a great hodler for a year or so. And then boom. So yeah. Uh, so it's hard. It's hard. It's the space is hard. Um, hodl is hard. Um, but I see a lot of people getting wrecked, um, by this chasing every single pump. Um, you know, pumps are great because they have some upside, but they could also have some downsides. So obviously now I'm more strategic. I'm waiting for that consolidation. If someone talks about a hot moonshot project, if they've been up a hundred X, I don't go in, I tend to wait for consolidation period. And maybe that's when it, you just bookmark it. That's the way it goes. You just throw a bookmark on it. Good to go. I mean, this weekend I asked you guys what your favorite projects were. I was like looking at a lot. So DOS, wait, a lot of hype, trust swap, a lot of hype consolidation right now. Ring. That's great. Ring, um, Katon. So this is part of the polka dot ecosystem. Dia steak. Oh my God. Looking at these moonshots, this list is huge. And this is what I've been doing. I've been just adding this onto my list of coins to check out. If you know why I'm busy, this is why I'm actually going through these projects one by one, figuring out what I, what, what should I position it as? And I'll talk a little bit about how I position everything. So the way it works for me is I have my hodl. I don't touch it. It's roughly lying at around 70% right now. Not because I sold. Previous it was at 80%, but 70% right now. Not because I sold, but because all the other funds, all the other groups are growing at a much faster pace. So hodl, I still haven't touched it. I've only used it for, um, uh, collateral. So I only use the E for collateral. Bitcoin haven't even touched at all. I don't believe in touching that Bitcoin hardcore down there. It takes around 70% of my portfolio and I just put it in, you know, V chains in there, some engines in there, um, but mostly Bitcoin, like it's 70% Bitcoin almost. I'm probably at 60 right now because E for also went up, um, and V chain will also wind up. So like big on Bitcoin, um, V chain, Ethereum engine, a little, um, little bit of some other projects stuck in the hodl. Just forget about it. Just throw away. Like it's literally throw away, um, all those trackers and stuff. I don't see it. I don't care about it. Um, I'm a great hodler. That's going to hold out for all times because I know that's what I value in, right? Lessons from 2012. If I hodled onto that, Bitcoin would be worth a lot more than $15. Right? Understatement of the century. But after that, I'm just going to move this so it doesn't block my face. But after that, then I have the medium bags where I feel like this is not as volatile. So medium bags, uh, let me see if I just post it up there so I don't forget anything. Okay. So let's see. So medium bags. Um, so I, this, this is just a small list of my medium bags, but we've got Binance coins. So just hype building around smart chain. I just hear a lot of people talking about it. Uh, so I've said, you know what, why not? So I filled up some medium bags of BNB. Um, and I told you guys that on the chat as well, I've engine because of the whole gaming thing, the gaming narrative is really taking off. We've got some chain link. Why not? They defeated Zeus capital. They seem to be on the way up that, that FUD. Why not? We've got UTK, Utrust here for payments. So I feel like that's the growth, right? People want to start using Bitcoin soon. These are long term, longer term ideas and a little bit of Swiss Borg as well. Um, recently I was shown like one of the great ways to buy Bitcoin in Hong Kong even is just to use Swiss Borg. So it's just insane right now. So those medium bags, I don't expect them to be moonshots, but I expect them to kind of grow during this time. Like that's why for me personally, not financial advice. That's why I picked them out. Um, and then of course I have moonshots. So I'm starting to collect a few moonshots as well. Potentially these are coins that could, you know, have an enormous upside. They might have a like very, very large downside too. They might just completely flop to zero. That's the possibility. But a lot of people are talking about this idea of moonshots, very slow, low cap projects are extremely innovative. I mean, just for an example. So, uh, off tangent, but, um, so this project just popped out of nowhere, right? So bounce finance, um, bounce is just like some, it's the guys from, it's Chandler Chandler from anchor. He just wrote this for fun, right? He just wrote this auction system and boom, it's popped. And like the amount of what people can do right now in terms of DeFi is an absolute insane. Is it too much? Probably, but it's also insane because programmers just can type out a little bit of code, pew, pew, pew, pew, pew. You know, we can, you know, uh, had a few drinks, went back home, you know, had an inspiration, typed out some bunch of code and boom, they produce something amazing, right? They can suddenly produce a auction system for coins or, uh, I mean, I'm sure Andre Cronin, he's like, he showed a whole list of these things that he created, like all these modules to mob, to, to farm, to invest money. He's essentially created a mini investment bank based on code. This is the insanity of DeFi. I mean, if you guys aren't paying attention, I mean, how do Maximus deal with this? Like the, the, the, the implication of this is insane because once this contract gets deployed, it's completely decentralized in the sense that if there's no backdoors, obviously you have to audit code to make sure there's no backdoors, but this contract is controlling itself, right? It's fully transparent. You know, where the funds are going at all times. This is extremely important. This is what completely defeats centralized finance, centralized finance. You throw your money at these funds. I mean, people approach me, right? So I have like, I have these mutual funds approaching me. I have, um, insurance, uh, Hong Kong, they like, like Prudential offers these funds that you spend, like, say like a hundred K buying. Um, you throw your money in there. They say it gets invested into infrastructure, blah, blah, blah, blah, blah, blah. Like they, they have this huge list and like, they have like all these fancy charts and stuff, but you don't, you have no idea where that money goes. Right. And the worst part is like, they're like, Oh yeah, it's like 5%. And then like a year later, they're like, Oh, sorry, you lost 5%. I'm like, how, how explain to me how, like, please, please, please feel free to explain to me how I lost money here. And they're like, Oh, you know, markets aren't true. No transparency. You need to know where that money goes. If they're really doing it, what the hell is happening? That is where things are at. Obviously there's risks, right? Obviously there's smart contracts risks, obviously right now we're still very early stages, but man, am I hyped for this man? Like I want that to just go away. Sorry. Sorry. Not transparent enough. No, thank you. Get out of my life. Sorry. Um, Chinese chess chess nurses, BTC Maximus are, um, the dinosaurs of crypto. I feel like it. I mean, crypto moves so fast. Like if you're not paying attention, you know, whatnot. Right. And we also got, let's see, we got case on Carter says lid is looking like another Mitch, um, um, moonshot. I think there's a lot. There's a lot. Um, there's a lot of coins. I actually looked at lid over the weekend as well. Uh, we've got Lemuel says true that Michael true that. And I feel like that. I feel like, you know, this, this whole space is just changing up how finance works. A lot of the stuff, it doesn't look very clear at first. Like you'll see, Oh, why do we need a lending platform? And then once things start, you know, um, once the pieces start adding up, Oh my God, all of a sudden we have all, everything added up. It's crazy. It's crazy. Um, across Canada says too much dreams or ends up sleeping on the street. Obviously, um, for sure, for sure. Obviously there's so much innovation as well. So one, a few caveats. I mean, I always go for these cycles on this channel and I feel like it's most helpful. So some of the risks, one smart contract risk for what's going on. It's not going to fall. A lot of this open source. So there might be competitors that are way better along down in along along in the future. So be careful. Something that I have been strategically doing is if something does three X or two X, I tend to start taking out my principle. So at least I don't lose money in that case. So that's one strategy that I have been deploying. And I've learned that from the 2017 rush, where if you do make like, say before it was two X, but now it's like around three X, I take out a third. Um, so I take out my principle, at least I secure my principle and then I can do whatever. Right. If I lose 100%, I don't wait care. My principle is done. I'm, um, you know, I've, I'm not going to end up sleeping on the streets. You guys have to be very careful for that. I know this place can be very tempting and I know some people's strategies are just go all in on one coin, et cetera. I typically do not do that. I do now have a moonshot portfolio. I'll expand that and I'll write the coins down. I'll talk more about it. I think that's a little bit more, just kind of knowing what everything is. I feel like a lot of people buy stuff and not know the actual functionality and the long-term you case. They're like, Oh, this is a moonshot. I'm going to go for it. I mean, I did a lot of research on lid yesterday. I was like, Oh, okay. This is about locking down liquidity for liquidity providers on Uniswap, et cetera, providing proof that there is a lock on that liquidity. Okay. Sure. That kind of makes sense, you know, in that sense, but make sure you do all your research, et cetera. Um, I don't want to be like the one being blamed for everyone going crazy. Like I'm, I'm doing very well, but not everyone will be, um, you know, not every project will do well. And I didn't make losses. I mean, uh, this season, I think the most notable loss was when I threw a thousand dollars at ample when people talked about it. And then that went down by 700. So I'm like, okay, whatever. I don't really care. I'm typically throwing in a thousand dollars at whatever project now, just, just for, I told you, this is a really bad habit, but, um, if someone tells me about it and I seem it's interesting, I just put a thousand dollars down and then I'll start researching it. It's like a commitment to research proof of commitment to research, I guess. Um, so yeah, I did lose out on ample because it was just rallying too high. Um, not, not the end of the world. And the other one I lost money on was YFFI during that liquidity pool. So I think that's the two memorable ones out there. The rest were just crazy. I mean, yield farming was insane. One up was insane. Trust swap was insane. Just riding the rocket up. Um, yeah, it's just astronomical. Even YF link is insane. Like it just went up in value. I'm like, wow, that's insane. So anyways, Oh, that black screen guys. All right. Let me figure out what's happening. I think I know what's happening. I think it's just the camera running out of batteries. It's all good guys. Got a new battery here. So I've replaced the battery. It should be good to go in one second or maybe not. Oh, there you go. Whoa. All right. Wait, wait, wait, wait, wait. And I have to jump here and I jump here. I'm going to fix the camera guys. Does that work? Huh? Well, you know what to hire for the next Galaxy Guardians of a Galaxy movie. I'm that green guy. I'm the green alien. Anyways, I'm trying to figure this out, guys. I'm trying to figure out. So I'm trying to fix the video. So while you guys are at it, make sure you smash up the likes. We have 500 people here. Um, yeah, I'm trying to figure it out. So basically the battery has run out just now. I'm using my Sony a7 III over there to record. I don't know why it's doing this partial thing. I'm just figuring it out. All right. We're good. Yay. We're back. And we're back. Um, we had a question about cameras just now. So I had to just reconnect the cable. It's fine. So yeah, um, I have the Z camera here. So, uh, someone asked a question, do I use my Z camera? So this is something I bought for around $1,500. Um, no, I don't use my Z cam. So I try to figure it out and I got almost everything working. And then the bull market came and I said, Hey, I ain't got no time for that. That's going to be like three hours commitment. I need to change this lens. This lens is not good for like, I wanted to do something here so I can look at the lens here, but this lens is a 25 millimeter. So I need to find, uh, I think I need to find something like maybe like 18 millimeter, something like that. 18, 14 millimeter. I know. Oh, this, this feels bad. I'm disrespecting my gear, but anyways, I didn't have time to do it. I was just like, no, um, bull market is here guys. I need, I need to spend time. Oh, we got someone spamming unlike goodbye. Thank you. Uh, remove put this user on time. I'll just remove this guy. I'd use her on this list. Bye bye. We got K ton unicorn. I think a lot of people are talking about, um, recently about polka dots. So polka dot has been moving momentum. I knew about polka dots since last year. I think a lot of my friends were heavily invested into it. Polka dots taking out this year. Absolutely. That China hype is real guys. Um, yeah, just that's crazy. It's crazy. Michael Liu says Z cam E one. This is the Z cam E two M four. So it's a Mark four. It's a new one. It's the one that was released like a month ago. Uh, the one that's slightly cheaper with, um, it's like the, the one that you can change the cover on this. So it's becomes a Canon email. That was a strategy. I just, I just need to look at both Canon lenses and how to switch to Canon email and that'll be fun. So anyways, whatever. Um, how do we buy serum tomorrow? JJ BB. Oh yeah. Um, so we have an interview with Sam schedule tomorrow. I'm not sure if you guys want to live. So if you guys want to live, tell me, but Sam is, uh, I affectionately call him the Vitalik of making money. So he's a guy from Alameda. He also made FTX exchange and he's making the serum project. And you guys know that I, um, threw money at it, um, on Friday. So they did a token sale. So that sale was on Friday. You had to hold FTX, um, to get into the sale. Um, I only managed to get one ticket into that sale. So one, one out of five tickets got drawn. It's going to be crazy. We'll see what happens when it's trades tomorrow. Tomorrow's open market. So you guys got to be a little bit more careful about that. But we'll have to talk to Sam about what's the use cases of serum. I think that's important. And just his, his view on decentralized finance. And I feel like, I feel it's one of the people, I think for me, right, honestly, it was one of the biggest regrets, not following him a little bit earlier. Like he's the guy with crazy hair, like this MIT guy who's like crazy haired, uh, super, super intelligent and super hardworking. Like he just works like a champion. Like he just like the rumor is, and I know this is absolutely true is that he sleeps in his office. So he just like, he doesn't go home. Like this guy works like 20 hours a day or something like that. It's insane. Um, yeah, it's just absolutely crazy. So I wanted to have his insights. I think most important is his insights on the decentralized finance space because he's been looking a lot into this. I mean, FTX has been listing DeFi coins like crazy. And they've also done their own DeFi project, which is serum. And yeah, um, that's kind of happened tomorrow. And if you want to do it, um, take a look, take a look, take a look, take a look, take a look. I've got Michael Lewis says one cost 100 mind to emine decrypt. Decrypt's been great. Decrypt's like one of those projects that's like, doesn't get much hype, but it's like, it's doing a lot. I feel bad for DeFi. Um, Chinese chat says serum is using Solana. Yep. They are. Um, yeah. Why not? Solana, um, got trust swap to the moon. Yeah. Um, okay. So going there, what we'll do, I think we'll have a midweek episode with all the moon shots and the shit coins and everything we want to talk about. You know, we use the word shit coin affectionately on this channel. So don't get, don't get too insulted. Don't, don't, don't get too insulted. I know some people are very sensitive here, but we'll talk a little bit about, um, some prospects, some kind of new areas to go into. So I'll schedule a stream on Wednesday. I try to at least, um, also on Wednesday, by the way, why don't we do this with like, we have CZ coming up, right? We have CZ coming up, um, on Wednesday, actually that's on Wednesday morning. So guys, make sure you schedule up for that. Just, just as a reminder, I was just trying to keep track of everything, but CZ finally managed to bring him back. He's a one hard guy to nail up there right now, but in 48 hours, we have CZ coming down. He is the CEO of Binance. The Binance effect is real this week as well. They listed Balancer. Balancer did something amazing. They listed, um, um, sand. Sand is the next coming IEO. They're going full on NFT gaming right now. And that's, that's kind of led to this recent trend. I mean, just follow me on Twitter, guys, if you guys haven't done so already, I give you guys the updates on what's up. So, so I made this funny, like, okay, I find this interesting. So I'm, I'm a big gamer. So deep crypto patch notes. DeFi got buffed again. We've got Balancer listed on Binance swap band, bow link, making huge moves yet again, because of that DeFi buff buff. DeFi got buffed this week, guys. We've got soft nerf on YFI clones. So it's still viable to farm the good ones like YF link with unique value, but the ones without unique values are playing out YFI scams or YFI clones rather. They're not working at all right now. We've got gaming and NFT space got buffed mostly because of that sandbox stuff. The other narrative here is not just because of sand, but because of China as well. China, they kind of missed out on decentralized finance, right? They, they went into DeFi a little bit too early. So they went into something like DeForce and DeForce got hacked for 50, um, $35 million. And that scared a lot of people off DeFi. So like when they went into early days, they got hacked, they lost money. So people were like a little bit put off DeFi. Right. And then in fact, there were people who are actively shorting DeFi projects in China. So the rumor is, is it wasn't even Zeus capital that got liquidated. It was actually a small Chinese fund that blew themselves up on a link short yesterday. So, so yeah, so they were like actively shorting DeFi. They're like, Oh no, no, no, no, no, no, no, no, no, no, no, no. DeFi too risky, too risky, must short, must short too much. Sorry. I'm bad at Chinese expression. I'm like, this is going to go on so well, this is going to go on terribly. But yeah, so they, no, no, no, no, no, no. They tried to short link, got liquidated. All their money just wiped off the planet. Um, fun times, I guess, fun times. But anyways, um, uh, taking a look at, so gaming became hot. All of a sudden we got Roger Trimino. Sorry if I'm a little bit slow on all these chats guys. Um, what about chain links? Jeff Kredakis involved maybe a whole hundred X like swap. I'm taking a look at it, by the way. Um, Jeff, Jeff did talk about a lot about chain games to me. I'll take a look this week, this week, it's going to be fun for all the gaming stuff as well. And I'm coming up with something cool as well. We'll see. We'll see. We'll see. Shh. Uh, so yeah, so gaming became really hot a lot from China. So that hype is just slowly building. So DeFi and a lot of people, even though, uh, we're thinking about gaming to be next for the NFT space. So that's going to be interesting coming up next. Um, Jose Gombolas is what else can you tell us about the V chain ecosystem? If you want to know what's happening with the eco chain, chain link, um, the V chain ecosystem, check out my interview with sunny sunny is the CEO of V chain. We have a full, um, we have the, the updates all here, lots going up in terms of what they're actually doing, pursuing that was partnerships, building on having more transactions on integrating that system. So much going on. There's a whole article on it. Check it out. Um, we've got smarts killing wrestling since thoughts on Ren. It's black magic, R E N Ren black magic. Yeah. Um, like I'm learning a bit more about it. Uh, I made a joke about it before. So this is how much I knew about Ren before. So before I thought the Ren was cross-chain atomic swaps. You can create your own. I thought it was, it's not, it's something even cooler than that. Um, updates of Ren coming soon. Um, Ruben is an expert on Ren. So, um, I'll figure something out, but the way they can use that cross chain ability, all of a sudden now there's Ren BTC on the Ethereum network. And now you can have like these pairs with Ren BTC. It's absolutely crazy. So insanity guys. Sam asks, what do you think of dams dual token system? Do you see as a future of DeFi projects? I'll check it out to check it out. Michael says, you missed my super chat. I did miss your super chat. Um, let me see. Let me, let me try to find my super chat tool. I am so bad at super chat. So apologies guys, apologies for missing out super chats. Um, I get too excited these days. Okay. So Michael says, what do you think of med block funded by the Korean government? Um, who knows? Um, I don't think med med has been working for a while. I know like Stanford professors, I know that work on medicine and blockchain, it's been ongoing, but it hasn't really received the attention it's gotten so far. Um, so it's quite unclear when it will return, get the attention. So, you know, good, good congrats is funded by Korean government, but also Korean government's extremely, extremely conservative when it comes to blockchain projects. Um, that was a case last time I visited with icon. A lot of people got angry when I told a lot of people the truth, which is that a lot of Korean big companies, they're more likely to integrate with a non token based project. So that's where icon loop gets integrated rather than icon itself. So that was just a sad truth behind it. Korean government ultra conservative. They don't want to put their name behind a particular currency, but in terms of making a project happen, sure. Why not? Um, Ryan King says, um, box mining. Are you mining or just trading? Um, so I'm liquidity mining, but in terms of actual mining, not so much, um, just the profits too low. So per GPU, I can probably get like three cents per day. Um, it's not really what I'm looking for at this current point. Like yield farming was great. I got like at the early stages, I got like 3000% annual percentage yield. That's like what 360 days, like almost 10% a day, eight, 7% a day. Like what, what is that? Like, that's insane, right? You just chuck some money at it. Like boom, you're, you're well off. Right. So, um, no. So yield farming was my biggest, um, kind of push for the last two weeks. Um, it was just absolutely crazy. Right. Um, like it started off with Y fee. I was there super early. I mean, even just look at the price of Y fee right now, it's like $4,000, a market cap of $125 million. I mean, this is supposedly to be a governance token. I mean, it's even Andre said it was kind of zero value, but people value it. So as a minor, I mean, I'm happy and long-term wise, I still kept around 10%. I'm happy with that. And I'm happy. Like I told people that I sold very early. So I actually did sell, sell Y fee at around 400 levels at 800 levels because I was there so early. Um, no regrets on that. I made money without whatever. Yield is yield, farm is farm. Um, you know, yield, invest money, whatever. I'm covered. Um, Lemuel says, same, Michael, exciting times here. So, um, if infinity and beyonds, it's getting really expensive to get a dark note on rent. Yeah. Um, like I'm not really for locking up my money in long periods of time. A lot of people were very concerned, um, about lockups. I think, you know, for me, like, um, there were some nodes I ran. So the nodes I ran were Z coin, uh, Z coin. So I know, you know, you guys know, I know Ruben very well. Um, I picked these coins up around $3 during the bear market. So that was great. Um, it's around $7 right now. So not only did it go up in value, but I also get around 18% annual percentage yield from just, um, master node staking Z coin. So that was one of the lockups I did have. Um, I didn't actually go on Elrond. I, I know there were people who were, um, staking on Elrond. Um, I didn't stake, but I held it just cause I felt like, um, it wasn't necessary. I didn't just, didn't want to be too greedy on there. Cause a stake up, if you lock the coins up to for two or three months, that's locked liquidity up for two or three months. Right. Uh, so that's not good. And I gotta be very careful about that. Um, what else did I do? I did VEAT. I did VEAT. I staked VEAT for a while. Um, uh, so VEAT was an, um, they have an exchange and they have, uh, they have an exchange and they have, uh, VEAT X, which is their exchange token. So I staked both for a while. So this is like, this is stuff that I staked since like early this year. So like during a passive income times when I did it and like everything just blew up obviously. Right. So it did work out pretty well, but yeah, that's it. We got Enrique chances. You missed my super chat guys. Thank you so much for donations as well. Thank you so much. Um, like, um, a big apologies. I need to have the, the window up here. Um, let me just double check. Let me just see mini feed. You know what? Let me get, uh, let me get the mini feed up on this one. So let's throw mini feed up here. So I don't miss out on any of these super chats. So let's see. So guys, big, big, big thank you to all everyone who's donated. I want to give you guys all shout outs. You guys are amazing. Um, okay. Let's see. That's not the mini feed's not working. Give me a sec. Okay. So Cliff Agpro, thank you so much for your donation. Uh, we got Enrique chances. What do you, what do you think of proton XPR built on EOS software? I'm not too sure. I'll, I'll put it on a list of things to look at. Um, EOS is was taking a bit slow, but hopefully they can come back. We've got Jordan Fator says I'm sticking Vite and VX. Wow. Wow. That's great. You must be doing very well. Um, V just went up like crazy too. Like V was like, what, sitting at 12 cents for the longest time. And now it's like, what, 26 cents? Um, yeah, 26 cents is crazy. Anyways, guys, um, but cross can I says, I got to take a break. Good night. Good night. Everyone. Yes. Good night across Canada. RJ Jamal says, are you still long on if yes, absolutely. So I, like I said, Eve is part of my huddle. So, um, when I use Eve, I actually put it in the maker dial vault. If you guys watched the maker dial video, I put it into maker dial vault. So it's there. And the same time I took out die to play around with. So that's kind of the situation. Um, next Tari says link is already number six. Do you think it much higher or does DPTC need to move first? Well, technically Eve is more related to, um, link is more related to decentralized finance is providing data for decentralized finance. So I expect like Ethereum to be the powerhouse behind it. Right. So yeah, Ethereum is probably your, um, the, the, the, the ocean that will bring up rising tides for everyone. Um, Luke Thomas is, Hey, my box mine. Do you have any details off the upcoming defy integration to uptrend? So what happened with uptrend is that they're doing some defy integration, which is what caused the spike in movement. Jeff has been very quiet on that. I like, he's, he's a good person. He doesn't tell me anything about it, but I'm very interested in to hear it. So I don't have anything for that. YFL today pool zero. I'll take a look. Um, have you heard of swing B? Yep. I heard of swing B that's in my smart portfolio. Why not? Um, you can actually get it for free. If you have like past two weeks ago, three weeks ago, you can get it for free by just taking BNB. Um, but not anymore. Um, yeah, they kind of removed that feature. So oops. Um, but if you were chasing everything with auto yield farming, you would have no, but it wasn't too much. Right. Right now you probably have to buy it. But it Emily W says, what do you think about decentral land? So I kind of feel like I'll be blunt about it. I'm not a big fan of decentral land just because I've been in gaming space for so long. So they do these land auctions, which are very, very popular, but there's no community for it. You don't have a guaranteed community for it. Like it would make sense. I've seen video games that auction of land. So second life and also in a way Eve online, Eve online, you don't really have land per se, but you have player owned assets. So you have like a player in own region technically. So like you can put a lot of money into, um, this idea of virtual land. Um, they kind of made it like an almost like a million dollar homepage style land auction. The biggest problem with mana is that who's going to come and build on it. For me as a game developer, I've game development experience. Everything that matters is about players, right? How big is your player community? If your community player community is big, then your land, your assets, everything is worth a lot. If your player community is small, then it's not good. So that's, I think one of the challenges that mana has to overcome, which is like, how do you develop a community here? Who are the people in this space? But I guess in crypto, we have a lot of more forgivances. Like if it was in a gaming space, if your game didn't generate more than like, say targets were like a hundred thousand users, like a hundred thousand users, if you're on Tencent or something, or like if you, if you don't, if your game doesn't generate and retain 70% of the a hundred thousand players that Tencent gives you, then you're out. You're like, you are so out all contracts ripped. You're out because your game sucks. Right. But in crypto, I think our tolerances are different. Like I came into the gaming crypto gaming space with that type of like really rigorous gaming circle mentality where I, your product needs to deliver fast. But here it's just like, man, it's like, Oh, I'm just slowly building. They're slowly making. And like, they're getting attention over time. So maybe that's, that's important. So maybe that could work, but just, just my two cents there, like coming from the gaming background, it was like, yeah, if your game doesn't like thousands of people in a game doesn't matter in when it comes with Tencent, when it comes to 360. So I, I, I was in talks with these guys, right? Listing my game. So I went to Tencent. I went to Chihu360, the, uh, their Yoshi platform as well. Um, I went to, what was the other one? One of their competitors. I went to Baidu as well. Um, trying to list my game. And there were so many requests and there's, the demands are so high. It's absolutely insane. Yeah. Christian Gonzalez is, um, I missed the early part of a stream. I was hoping, uh, thank you so much for donations. Well, five thoughts. Um, can you explain why, um, again, Bitcoin went up again? Bitcoin's always been like, do you, do you need that narrative? Like, uh, Bitcoin's still like within that little zone we're talking about, right? Like Bitcoin hasn't really made a move. I mean, I would say Bitcoin makes a move. If it goes up to 14 K, it already broke out of the nine K 10 K area. All right. The, the, I mean, that was two weeks ago. And now we're just kind of in that little fun phase between 12 K and 11 K. I mean, it's not, it's not a breakout yet. I would say right now, we're still kind of just like sitting here and waiting. Bitcoin is just sitting in here and waiting, waiting for, you know, everything to go up. Um, so yeah. Infinity, be honest, it's just like World of Warcraft is dying. How many people play World of Warcraft here, man? That was such a good game. I go, I was there in World of Warcraft since, um, Burning Crusade. That was really great. That was really fun. Um, yeah, my guilt killed, um, Illidan and then we were halfway through Sun, what is it? Sunwell? Sunwell Plateau, the, the, the, the extra boss where you could kill, kill, kill Jaden at the end. Anyways. Yeah. That was fun times. Um, gaming is big. I think gaming is the one that can bring, um, a lot of people into crypto. I think the units that we have are wrong. Like a lot of games we see, well, crypto keys, all 10 K players, a hundred, a hundred players, daily active users, right? Very, very small daily active user base. And we consider that success, but really in the gaming space, you're aiming for the billions, right? Especially in China, like you're aiming for at least a hundred mil, almost to 10 mil, 10 mil to a hundred mil. I would say in terms of users, um, they're looking at these big, big games, right? Cause all Tencent and all, I say Tencent a lot because, um, if you guys are in the gaming industry, they own pretty much everything. So they own right games, league of legends. They, um, pub G China is all done by Tencent. Um, Tencent owns active, like 10% or 20% of Activision Blizzard. Um, they own like pretty much every game development company out there, even like supercell is Tencent invested. So yeah, Tencent is always looking at these like huge numbers, right? The numbers that they're looking at, uh, at our like orders of magnitude is higher than what we have in crypto right now. And I feel like, um, the way I see it is that crypto gaming had a few false starts at the start because people were too focused on the crypto rather than on the gaming. And this is something that I've been thinking of. Like I've been having all these thoughts about like, how do you put the games first? How do you give game developers some kind of ideas to go forward? And if you have money, why don't you just buy game devs? I mean, I know so many good game devs in China. It's absolutely insane because I also ran a side business while I was at it where I sourced games from China. I took good games and sold them overseas to South Korea, Vietnam, Philippine markets. We had a, like a repertoire of 30, 40 games, but the problem of all these developers is that they need to have an idea of how to work with crypto. So I'm thinking of something cool myself. So yeah, it's, it's really about how to work with crypto that becomes a problem. So yeah, so I'm a very, very big gamer, League of Legends. Um, that was like, I got hooked on it earlier this year, but I kind of all quit. I quit gaming pretty much prior to the bull run. So I play maybe a little bit of Starcraft two now, um, just because it's fast, but league definitely quit it because it's like, it's such a social game that you get sucked in to play with your friends. Like your, your friends are like, Oh, we got a party going. Okay. Come on. And you're on, you know? So that's, that's the hard part. We've got Rodney Patisse's, um, PS5 out this year. Um, uh, that's great. Uh, we got cursed CFN's McAfee with Edith Dick. If Bitcoin wasn't a mill by 2020, he backed out of that. What a pussy, right? What a pussy. He backed out about that. Um, there was actually an interview. So John, I'm just going to go questions and answers right now and just show with you guys. John McAfee box. Okay. I can't even spell my name. Um, all right, this video, if you guys watched it, I asked him directly. I was like, I was on the boat with him. Right. Um, I watched that video. That's hilarious. That's hilarious. Um, we asked him how he's going to eat his dick. It was great. I just went all out. I wouldn't all out on that one. I'm like, Oh, I don't care. I mean, you're like John McAfee was like the popcorn, right? It's like, you watch him for the fun, for the enjoyment. And you don't take him too seriously. And I just went all out on that. I was, that was a great interview on a boat. I was like, that was 2018 days. I just asked him how he's going to eat his dick. And I'm sorry if you guys are sensitive to that, but that was a great interview. That was fun. Um, but you know, as much as people hate that guy, I mean, obviously he showed a lot of really bad projects, uh, not to defend him in any way. I mean, I knew that like, um, the way I work is that I'm not affected because when I meet someone, I put, um, I put a classification on them ASAP. So whether they are a reverse indicator or a positive indicator, right? So like, um, John McAfee immediately fell into the reverse indicator pile. I didn't follow any of his pumps. I don't really care about for that. Um, that was not what I was interested in 2017. So I guess I wasn't as affected, but one thing out of respect for what the fuck, what he does. Okay. I won't, I won't swear here, but he had like nine interviews that day. Um, he just plowed through that. He was on some, like, he was just drinking and plowed through nine interviews. Like I can barely do two interviews a day. He did nine and he's like, what? 70. It's crazy. He's a hustler, man. He's a, he's a, he's a hustler, but yeah, he did back out on that. That's too shame. Shame sucks. Yeah. I would, I would have been fun. Michael Lewis says John McAfee is hilarious. As long as it's not offending. Exactly. That is popcorn. It's like, he's popcorn cinema. That's, that's what you take it as, you know? Um, AC says, can governments outlaw Bitcoin? Yes. Of course. Of course governments can do everything, but at the same time, can they prevent us from using Bitcoin? No, they cannot. So as long as you have internet access, so even though like a good example would be China. So China has a great firewall of China, but Bitcoin still works very, very well in China. Why? It's because Bitcoin only needs one megabyte of data to be sent to synchronize the network every 10 minutes. So yeah. How are we going to censor that? Like as long as you have internet connection and internet connectivity, it can work. And in the future, I would say once we have that satellite network up, that's going to be crazy. There's going to be no way to censor this. So that's the current sense. We've got Michael Bum asking the same question. Do you still mind, bro? No, I do not. So, um, I was looking into it, but I currently do not mind. It's the probability is around 30 cents per GPU. Um, it's just not worth my time right now. Like right now, like I said, yield farming was so big, like pretty much last few weeks, like, yeah, roughly like a hundred K maybe in, in yield. Yeah. Like if you're lucky, if you're smart, so you know that the magnitude is way off. Um, yes, we have a few repeat questions just to say, like, how do you feel about rest of politicians, et cetera, politics? I don't talk about politics anymore. Um, I don't read politics anymore. I'm just focused on crypto. Um, no point. Time is money friends. Michael Lewis says money doesn't take a lot of data. It takes a lot of electricity. Yeah. Um, the issue of Hong Kong's electricity is not cheap. So right now I'm getting it at around seven to 11 cents per kilowatt hour. Um, the more you use, the more expensive it is. So technically speaking, running a mine walls, it's summer walls. I have the air conditioning on, just not worth it. Yeah. I'm doing super fast questions right now. Uh, we got next target says, remember his daily pump of fun, pump a thon coin recommendation in December, 2018. Yeah. I mean, John McAfee did that. Um, you know, these pumps, just be careful of pumps in crypto. It's really sad. Um, I feel like it's not the way the market should move. Um, but this year I learned, you know, that's just the way it is. Right. Um, you know, there's going to be tremendous downside, be aware of it and just move on. Um, our brushes, Warcraft three, reforged was such a big disappointment, man, I expected to be a big disappointment because of how long it takes. The funny thing is, if you're in the gaming industry, you know, the longer it takes for a game to develop, the more shit is going to be. That's just like almost like a universal rule. It means that developers have no idea what they're doing and they're constantly changing their minds. So reforged, it should have been a simple operation, right? Just make the game look better and boom, release it. Right. But they spent what, two years doing reforged? Like what are they doing? Like the Chinese developers, if they want to make a reforged, that's going to be out in like three months at max. Right. If you look at what Tencent did with pub G mobile, like they copy that. They literally said, you know what? pub G yo, your code sucks. All right. We're going to remake the whole entire game and do it better. And pub G mobile came out like, like within months, these guys move so fast. The Chinese devs that, that was what I learned. Like these Chinese devs are so fast because they have all the modules ready. Boom, boom, slap it in. And their code is so efficient to be reconfigured at like the, the way they throw that in bam, bam, bam. Okay. Boom. Now pub G mobile runs better, cleaner, faster on the mobile, like pub G, what are you doing? Like blizzard, what are you doing? Like, um, Shawana twerk says, what's your target on BTC long-term, short-term? Thank you. So BTC for me is a long-term huddle. Um, I don't really have a target to sell. I know it sounds really scary, but I feel like the way the current market is going, I think a lot of people throw these big numbers out to try to 10 people to go in. Um, all I have to say is from my experience, um, in 2012, I mined Bitcoin. It was $10 when I mined it. I sold at $15. I should have huddled, didn't huddle, learned my lesson the hard way. So coming into 2016, I just bought it, huddled it. I don't really have a particular target for when do I sell it out? I feel like the whole economy, like at the end of the day, um, I'm almost a maximalist in here. I believe that eventually Bitcoin will become some form of reserve currency where the U S dollar doesn't matter as much. Like call me crazy, but like, I think the way politics is moving right now, like look at how us is becoming more and more crazy in terms of banning off Chinese apps, closing that wall off. China did the same thing two, 10 years ago, worked very well for them. So eventually speaking in terms of not just applications, but in terms of currency, there won't be as much free flow. So I actually feel like Bitcoin will be the one currency for the world. Um, like think of it that way. I think that's a long-term projective, uh, approach pro, um, long-term projection. So I haven't touched my huddle. I don't have a target for selling. Um, I'm one of those guys that's like one BTC is always one BTC. That's my target. One BTC is one BTC target. Um, there we go. Uh, unit power. What are your thoughts? I heard a lot of people asking for it. I'll take a look. I haven't taken a look seriously at it. So yeah. Um, Jermyn, I know says what's the best place to reveal profits for yield mining. So either discussion groups or come on box mining. We have a lot of farmers up here, um, on the box mining, telegram chat and also Twitter. So if you want to just hop onto the, like the coolest stuff, it's always on Twitter. Cause there's no, like, there's no good aggregator right now because of just how fast the space moves. No, one's really done that yet. Um, have you followed the BRICS summit and what your thoughts on the accomplished so far? I haven't followed BRICS summit to be fair. Um, I followed a lot about DCEP and central bank digital currencies. Uh, DCEP is actually getting a release very, very soon in China. The beta phase is already out. So DCEP is the Chinese one. They, they're already very pushing this very quickly. There's a lot of questions to be asked and I'll have a DCEP, um, seminar if you guys are interested. I did that one with a few groups of people. So, uh, I'll give you guys an update, but I haven't actually followed the BRICS summit for, um, so to speak. Um, if, um, V says Minecraft plus DeFi, what are your thoughts? Um, I think like it's a, I guess it's like a good cash grab. Um, I know it's like, it's hard for me to say this, but like for me, like I have very insane standards for it. Right. So I feel like they have a good concept. They're fast developers, but at the same time, does it work? Who knows? Right. Maybe it works, maybe it doesn't, but you know, people like it. Uh, Mr. T says miners will make sure BTC has cheap transactions. So it can't be currency for the masses. I think this is just a myth. It's like, it's, it's a debate that I no longer care about anymore. Um, there's so much politics with Bitcoin, Bitcoin cash, Bitcoin SV. I've chosen like Bitcoin Bitcoin and I offered anyone who is arguing Bitcoin cash and Bitcoin SV to say, if you want to, if you really believe that Bitcoin is or Bitcoin cash or Bitcoin SV is the real Bitcoin, well, I'll offer you a one-to-one swap. So if you want to sell your one Bitcoin and I'll give you one Bitcoin SV, go ahead. Um, you know, that offer is always open. You can give me one Bitcoin anytime. I'll give you the true Bitcoin SV or Bitcoin cash any day. I feel like that's kind of the argument for me, like done, no longer need to debate this. I feel like it's a stupidest argument, Bitcoin cash, Bitcoin SV. Like these are the, these are ideological and political arguments that I don't really care about. Um, that's not where, um, I don't just, just, it's just boring. Um, it's been debated like endlessly and we're just going in a continuous one sided loop. Um, you guys believe what you want. It's a political thing. Have fun. Um, the money's not there, so I don't really care about it, but, um, uh, no, he says, I'm not arguing BTC over M E thief. I'm I mean, if you're, if you're in Bitcoin, you probably know lightning network is pretty much getting pretty good development so far. So if you actually want to use Bitcoin on lightning, I actually see that as a very good option. Just that right now crossing that bridge between Bitcoin and the lightning network is hard, but in the future, I definitely see that as the way going forward. My two cents. So yeah. So people are saying Bitcoin won't scale. Bitcoin will scale. It's lightning network. It's one of the most legit projects out there. Relax, calm down, calm down. It's going to work. If it doesn't work, they're going to find a better solution. Calm down. Uh, yeah. Like I'm done with anything that wastes time. Like time is so precious right now. Like if you're, if you're wasting time, like arguing a Bitcoin with scale or not scale, like that's not like that, that's not what I'm interested in. Like, like, I just don't know what home base and those guys are doing every day. I mean, like he's trading, like the market's still for Bitcoin. It's just like, it's a flat line or get over it. Right? Like I'm in huddle. Fine. I've already made that decision. I don't need to remake that decision again. Uh, Jose Campos is, do you think ETH will see greater gains than Bitcoin? Yeah, absolutely. Um, Bitcoin is like ETH has so much going on for it. Right. Um, my two cents, I think like, think about ETH, how much DeFi projects are on ETH right now. ETH is where it's the, the, the primordial group for everything right now. Um, yeah. And, and the way ETH value, um, ETH is not just value because of the tech, right? But because of the people, you know, Asgard, it's not the people, it's not the planet, it's the people. All right. Um, but ETH is about the people, right? And the community is a little bit too crazy on ETH. Cause like, if you just look at the example, I think it's, um, I looked at EMGT yesterday, so they have their own mainnet, but they also created ERC token to allow for more trading. And that token just shot up in price. It was like, it was being sold at a Forex premium over the actual mainnet token. So that just goes to show that ETH network is still where the, the swag is at, you know, it's where, it's where the actions at. You don't ever want to not be on the ETH network. You will always want to have some form of communication with ETH right now. Obviously ETH is extremely expensive. I've, I've been complaining about it. Um, I've showed you guys screenshots also right now, gas fees are at 98 GUE, which is like literally $2 per transaction, $6 for any trade on Uniswap, um, probably around $15. If you want to create a vault on MakerDAO and throughout this whole four month or four week period, I probably spent, and I sent a screenshot of this up, but I spent around $1,500 on just gas fees. I just straight away burning that, like lighting that up. And this is just gone to a point where Vitalik actually commented on ETH that ETH is now a deflationary token. That's how much gas is being burned off. It's absolutely insane. But anyways, um, that's my two cents. I think ETH does have a lot, a lot of potential. I feel like scaling is a big issue. Like right now, the network is so clogged up. I think people are just going to say this is outright broken, but at the same time, ETH 2.0 is coming out. The Mandela mainnet launch, um, it just deployed with the testnet. There was a lot of drama at the release of the mainnet when people didn't fully launch their clients and it didn't reach consensus, but it's kind of expected off a mainnet launch, especially when people don't have a monetary stake in this. So the tests are moving a lot better. It's moving ahead. Um, the beacon chain will be up hopefully towards the end of next week or not. What am I talking about? Towards the end of this year, beacon chain, actual beacon chain for Ethereum 2.0. So I see a lot of potential there for me personally, not financial advice. Um, pick pack travel asks a really good question. And I think this is a question that comes with a lot of people. So pick pack travel, if you have just $5,000, what would you invest in? And this really depends because I actually had a few people who did exactly that. So I had, five different people come to me and say, look, I'm, you told me about Bitcoin. How do I get some Bitcoin? Um, you know, what's happening. And a lot of them just chose to buy Bitcoin from me because I was like, you know what, I'll give it at like lower the market rate. Cause I just want you to get on board. Right. So I gave them some Bitcoin and they had, or not Bitcoin, give some USDT. Um, and they were like, okay, look what, what, what should I do? And there's multiple strategies, not financial advice, of course. So the safer strategies are where you have a good portfolio, good split. You have to remember that crypto doesn't charge you per trade. It charges a percentage per trade. So if you're on any of the exchanges like Binance or whatnot, um, yeah, you can just go over there and say, look, um, I want to buy a ratio of these coins. And if you want to play it safe, I would just say, yeah, play it safe by Bitcoin, Ethereum, and all those other stuff. And for the big ones, and don't go expose yourself to so much risk. I also know people that are on the complete other side. They're like, okay, look, I want to flip this as fast as possible. I want to chase this. I want to spend 16 hours a day, um, chasing that storm and, you know, following chasing those coins. That's a possibility. I'll talk more into this. I think this should be a separate channel video. And the last one, uh, one of my friends who did this, they straight went into making their own coins. They're like, oh, show me this ERC 20 generator. I want to make my own token. I want to make my own meme. Depends, depends. It's depends on what's right for you. Um, yeah. So anyways, that's pretty much the end of this video guys. I think I'm pretty, pretty much done. It's already very late, but guys, thank you guys so much for watching with 500 people here. I need to do a giveaway, I think, um, or a t-shirt. So I promise you guys, notification squad, make sure you put that notification button on. I think that's, uh, that's super cool. If you guys want to support this channel, notifications squad guys. And so the rule for the giveaways is that if you type a message within the first, the notification squad message within the first 12 hours of a video release, you get a chance to win one of these box mining t-shirts. I have a new box. I know I showed you guys a new box somewhere. I just can't find it right now. We sent the first batch of t-shirts out already. Um, they will arrive in, this is almost like a joke around two months, just because of how slow post is now. I will think of some better presence. I know everyone was asking about t-shirts, but we'll send out t-shirts for now. It's we're sending them out, but just be careful. It will take some time to arrive. Um, other than that guys, um, let me do a draw. So let's see what videos I published this week. So we have, um, so we have this, this one, this one, this one, this one. Oh, so this is a week ago. So I wasn't too active. So it's really these two videos that have notification squad. So I've said one, two, and three. So random number, uh, one, two, three. I'll just type this in. So you guys know I'm not cheating here. Random number. So we've got three video number three here. So it'll be, uh, one, two, three. So this interview with Bobby Ung, um, this is actually a great interview. Actually, if you guys want to know what's happening at CoinGecko, like they're at the forefront of everything. So you guys should really definitely check it out. But anyways, um, let's see. Let's see, see, see, see, see, see. I'm typically user. So I'm loading up the users. We'll just do a pic guys and guys, make sure you smash up the like button. Make sure you smash up that like, like, like button. Bitcoin bits, crypto bit Sam says, please do a video tutorial on polka dot. I'm looking at that right now, guys. Uh, let's see. Click the start button. We're drawing winner here. Let's see. Boom, boom, boom. Hey, it's Sazed again. Notification squad. Dude, Sazed, you need to contact me. I think you won one of the t-shirts already. I swear. I picked this name out before. Sazed, just contact me. Contact me. I'll, I'll do another draw because I'm 100% sure you won last time. So let me just do another draw for this one. If you want two t-shirts, I'll throw more in. I mean, you didn't claim it, guys. Claim it afterwards. Just message you. So we got Kabaza, the gamer. Thanks box. Um, uh, uh, you need, you need to go hashtag notification squad. I'll, I'll have to pick another one, but if you want a t-shirt to contact me, we've got S R K V. It's hashtag notification squad. Winner, winner, chicken dinner. Uh, contact me, please contact at box mining.com. Just like, just prove that you're, it's you. You're fine. You're great. All right, guys, that's pretty much for today. Thanks, Michael. Escape the matrix. Thank you guys so much for watching. Um, yes, keep tuned. I'll try to make as much as possible. We have two interviews this week. I'm actually really excited for the CZ one. Um, so if you want to ask CZ a question, this is actually a, there's a giveaway on that as well. So, uh, if you want to ask CZ a question, people have already started asking some questions here, but we have, um, the top prizes. So you have three prizes, most creative question, most insightful question, most funniest question, $50 price for each of these questions. So that's like $150 full of prizes. Ask one. I think the chances of winning are actually pretty high. We'll get CZ himself to choose the questions and you get a lot of insight out of it. I mean, why not? Right. I'm super excited for CZ to come on because I actually want to see what that dynamic between centralized finance, decentralized finance is coming up next. Get some insights from the big guy himself. Um, yeah, I guess there, um, so anyways, guys, um, Angela Wang is helping out with the distro. So it's all of the, uh, the t-shirts. So contact at box mining.com when a winner, chicken dinner, just get the shirts, um, out. We'll figure out a way for the, uh, for us and European people. Cause like delivery time from Hong Kong is too long. So I'm sure you're figuring out how to get t-shirts if you guys want something like box mining. So trying to figure out some more, some t-shirt designs. It's just been way too busy for me. But anyways, I'm going to get that done hopefully by the end of this week. So anyways, guys, thank you guys so much for, uh, uh, watching. So what is it going to be for that CZ interview? It's going to be live in 46 hours. So I highly, highly recommend you that you bookmark this. So the video, um, is out already like the video, the waiting thing for the video is out already. So you can just put this on, just type that address that I put up on, uh, it's live in 46 hours. So it'll be literally in two days from now. So less than two days from now, when, when I start my stream, it's always, always 11 PM, um, 11 AM Hong Kong time, um, 11 PM Eastern. Um, but YouTube will show you the correct time here. Just click the reminder on button, smash up those likes CZ interview coming right up. It will be live too. This is the craziest part. Um, not many founders are willing to do live interviews. CZ is just going all in. He's like live interview. I'm okay with it. You guys can ask questions. I prepare questions up here. That's going to be amazing guys. So I'm a super, super excited for that. Um, yeah, great to have like so many good people coming on to this channel, doing interviews, really appreciate this community. Really appreciate the questions you ask. Um, yeah, check that out. Make sure you're on that. So we'll see you guys for that one. And if not, if you want to watch for the book, the full on box money live stream, the next live stream will be on Friday. I'll maybe do an extra one. We'll see. We shall see soon enough. Uh, let me schedule the next, uh, one, two, let me just clone this one anyway. And I'm going to clone this one. Uh, we'll put it on Friday. Uh, boom. All right. All right. We're done. We're done. So let me send you guys a link as well. So video is being created, done. Uh, I should get a shareable link. Um, shareable link. Uh, all right. Shareable link here. Boom. So guys, thank you so much for watching today. We shall see you guys on Wednesday, if not sooner. And with that guys, Zideos, thank you guys so much for watching. See you guys next.