Bitcoin, Cryptocurrency, DeFi , Yield Farming, and Ethereum Update

uh um let's see it should say excellent connection and we are live guys so welcome back welcome welcome back to another episode of box mining here i have no idea why youtube is always well black screen right now so tell me if you guys can hear me welcome back to another episode of box mining where we cover cryptocurrency in a non-bs fashion yes that's my new intro i thought i thought i'd be cool you know just cut the bs out cut that out maybe just end the stream now you know cut a lot of bs in crypto um yeah anyways so yeah obviously i've taken a long break so it's been one week since we last met and there has been a lot that's happening a lot and a lot of drama a lot of bs a lot of rug pulls um i actually made like this for this session today i actually made a list of what we want to cover here i'm just trying to make use of my utilities here so we got oh we got me here awesome so we're setting this up we have what we have here we have rug pulls we have drama rug pulls dsep in china to do we gotta cover some newsletter stuff um okay i i i can try to make this i'm still new to this i'm still new to this guys i'm gonna wave my fingers around yeah we got we got some stuff to cover today we're gonna talk about the markets we're gonna talk about everything that's happening in the cryptocurrency space i mean before we start we got the podcast up right let's just talk about the podcast we've been starting to get more and more episodes up roughly around one per week maybe once every two weeks so it's kind of rare exclusive opportunities to listen to what's happening in this space what i found is that for longer interviews we'll post a full entire video or the interview up on a podcast you can listen to it on the go get more detail on what is happening so bitcoin out of the box search for it spotify apple podcasts pretty much like every single thing that has podcasts on it it is published on there forever we also have live streams happening this week we have monday and on friday 11 a.m hong kong time that's the time zone i am in it's 11 a.m here it's super bright outside even though there's supposed to be a typhoon so this is like a hurricane coming it's even though it's like that's the case it's like bright sunny clear skies not a single cloud in sight so i'm not sure what the weather report is saying over here but anyways we'll have to see we'll have to see this afternoon if i'm hiding in a shelter or something but anyways going on today um there's there was quite a lot of drama to be honest there was quite a lot of drama and it was one of the cases where last week because i was actually kind of out so i was out for two days um and before those two days i kind of just cut out all the bs coins i was holding that anything that was was holding that was kind of like iffy you know you know that's iffy yep so listen listen cut those all out and by the time i got back i'm like so relieved i'm like oh i missed out on all these rug pulls i'm like just so relieved because it was pretty brutal and savage last week so i'm not sure if that happened to everyone i think a lot of people on the channel so i was like looking up on the telegram group there are a lot of people who did suffer from rug pulls that's unfortunate that's unfortunate but there is also this behavior right now that everyone's grabbing pitchforks it's like oh i got a scissor here a pair of scissors all right yeah we got gotta fight back against these spammers we got numerous docs happening so blue kirby um got doxxed sea breeder guy got doxxed um look i want justice as much as everyone else but at the same time i think blue kirby especially did not deserve what the hell was happening like apparently his family got threatened like what why threatening his family guys guys guys guys crypto crypto guys crypto guys you gotta be be be all right you know it's like i'm definitely not like this is some behavior that's extremely toxic and it's mostly because of people being emotional right like at the end of the day the big brain reason for why everyone is doing this is because people lost money if people made money everyone would be like oh yeah go this is the best but when people lose money it's like oh let's grab our pitchforks and stab people because that's the cool thing to do and blame others for our mistakes i know i know that's my rant guys anyway so we'll get on to all that we'll talk about a little bit of what's happening i think i definitely choosing a good time to take a break and i'm still roughly in that taking a break zone so it's like it's kind of strategic in a way as well because right now the number of outright scams out there is increasing it's like it's a it's a situation where you know if you look at it right previously what was happening was that previously a lot of projects you know they knew what they're good could doing you know good team team was all right tech was all right and you know the the signaling as well like even though we didn't have many signals for what was happening because because the stuff was so new to copy a project you know they require a certain amount of skill and legitimacy but the problem is right now is that to copy a project or run a project or issue out a project it's like two buttons right like especially if you're doing yield farming and there are so many yield farming scams out there like right now there's no requirement for for tech to prove themselves so this is an issue where there is so much noise and there's so little signal of good projects right so so now all of a sudden it's like the signal to rate noise ratio is all off it's so easy to get scammed especially on an early phase project this is why i'm definitely definitely being a lot more cautious a lot a lot more cautious right now and a lot of people really caught me out for that they're like box you were one of the first people to run into the space well yeah there's a reason for that if you want to be the first because at the start the people were a lot more legitimate they knew what they were doing and then the copycats came the scammers came the rug pullers came and then you got to be cautious you can't have the same strategy throughout the entire season right this is not financial advice i like that's for me okay it's for me it's for me that's my strategy and you can clearly see by the way i'm acting and behaving i'm very honest with you guys about what's happening and this is much more of a strategic play right now does it mean i'm stopped like you know does it mean i'm stopped buying coins absolutely not you know now i'm spending a lot more time researching i'll tell you about a little bit more about a few projects i've been i've been researching very very deeply into and i feel very passionate about but at the same time it's always about that kind of like degen right i hate to bring up the word degen but you know before degen was a cool thing right you know you smash smash your head on table degen guys let's be degenerate and uh no brain and it almost worked it almost worked but now it's like you gotta be big brain you gotta you gotta be like super big brained gotta make those like 2500 iq plays that's that's the way to do it right now anyways but troy b welcome welcome to the team crypto so anyways guys you guys know that on this channel there's a join button if it's available in your region it does help the channel to support this channel um it's around 199 per month it's just like you get on a little smiley face next to your name and you're ultra cool so if you want to join thank you troy b for joining um i don't promote this much i don't promote anything on this channel much anymore um a lot of my time is spent investing and that's what i spent effort doing but you know all these things is set up so you know this channel can run a little bit more healthfully and i think that's also good as well but anyways guys if you're joining this channel make sure you smash up those likes that's the very least you can do i'm not asking you to like you know join or anything but you can just you know smash up those likes it really does help this channel and also yeah we have to podcast very quickly so yeah podcast just search bitcoin out of box uh that's the thing to do we also have the newsletter see this got the to-do list i'm smart now i've got like higher iq because i got to do list but anyways guys um box mining.com newsletter um that newsletter just went out this week it actually contains pretty much all the material i want to cover today so box mining newsletter this is this is the one this is the one all right this is the one box mining.com newsletter i should really just promote this really hard um and put it here but anyways newsletter 11 is out it actually has a lot like regular tater regulators catching up we have a lot of updates on there we got ramp defy they sold out in four minutes last week it was crazy also we got banking heavyweight square coming in we'll just talk about this in a little bit more detail this actually went out and it's a joint effort by the team on box mining big big thank you for everyone who worked on this newsletter by the way as well it is a team effort it is not easy to write content um especially right now in crypto um we also have a list of all the rug pulls out there this is a hefty list of rug pulls guys this is like yeah this is a list of the shameless the shameless of everything that brog pulled last week and it is not nice it is definitely not nice so yet again this is going back to what i've been saying for myself strategically for myself guys all right strategically for myself it's being a little bit more careful but anyways before we start obviously the obvious thing that we do is we take a quick look at the markets we'll go strum straight into it and i do see a lot of people are asking questions we will answer questions as soon as we can guys but anyways uh let's start off the market because we got some discussions to talk about usually what we do is we just take a look at or usually what i do all right what i do what i do this is this is my channel that's my channel right yeah i got it i gotta i gotta do this all right so what i do is i take a look at what's happening on the markets in the past seven days we did have bitcoin ethereum both moving up we have bitcoin above 11k again finally finally guys and it did move up in very three very short bursts that's actually very interesting as well and it does show that a lot of times whales control what is happening so if you look at it all right and this you don't even need like trading view i have trading view i have the full pro version whatever but you don't even need trading view to see this you got bump bump and bump signifying there were large orders right they occurred over a very short period of time large orders of buying bitcoin happening which sent bitcoin up we're still waiting to see what's going to happen next it's going to be very very interesting i think it's finally finally bitcoin getting some attention is also good too and also ethereum also having some uh attention too it's like yet again you can almost see that the the two charts are exactly the same like the person buying bitcoin is also buying eve you know and i think it's kind of funny i think that's kind of symbolic i've always said that this shouldn't be the case i mean bitcoin being a store global transfer of value where decentralization of the utmost importance and stubbornness like just like outright this is the way to transfer currency and then ethereum being the newer one with turing complete can write any sort of smart contract on there and now we have all this thing about decentralized finance writing code that can be trusted because we can view the code as a smart contract we can just you know click view code and see what it does perform the functionality and that's been building up so much in terms of lending platforms exchanges you can just run every funding even these are completely different criteria so completely different coins but yet again we see this pattern going through because you know people who have money they don't care they're like it's crypto it's crypto right shut up siri i don't need you today but anyways um that is the case anyway um so yeah that's that's pretty much what's happening in the market so not too much in the past 24 hours but this entire week we have some positive momentum kind of a restoration kind of removing that fear and starting the doubt on the main cryptocurrencies but that being said on the other ones all right there there's been a little bit more volatility obviously in the past 24 hours we do have movements of kind of restoring back some of the ground that we lost for coins like ren or monero monero is actually doing quite well monero didn't really lose much monero was just pushing up because they're good because they're strong and then um we also have you know not too much losses so it's mostly on the more positive side of what's going on especially with the main crypto currencies of that so yeah that's a story so it's not too exciting all right it's not too exciting in terms of the big cryptocurrencies but the where where things get interesting is where if the rug pulls and i think we need to address that very very quickly um so recently two things right so uh from the community angle i'll tell from the emotional community angle first i think that seems to be um a little bit more interesting um we've got a few comments um just just big shout outs to everyone we've got cryptograms siri is good for quick bath so yeah because siri just went up i actually stopped saying her name i say her name she's gonna hear me and then i'm gonna have to tell her to to go away again be unpleasant i don't want to be unpleasant i'm just gonna not say her name i'd be really quiet here but anyways so yeah siri's um i'm actually quite excited today for apple i think apple they're doing announcements in around like 12 hours 13 hours 14 hours anyways yeah when you guys wake up like if you guys are in americas um when you guys wake up apple is going to do announcements i'm i might switch to apple maybe maybe we'll see maybe um anyway so on that note as well so there was a lot of pitchforks kirby oh poor kirby so so what was the whole story so i'll start with kirby first because it's much easier to deal with um so blue kirby all right that's the blue pervy character so this guy is i can't draw kirby but i'll try i'll try i'll try for the content all right so it's a little ball right with eyes and little hands i do it for the content and i think it's got ears all right all right that's that's my that's my artistic impression of blue kirby but anyways blue kirby he was the biggest wifey show he's um yfi he got into it very very early as with a lot of other people including people on this channel including me i've talked about wifey very very early and he was outright shilling and he was like yo wifey it's gonna be one bitcoin why one one wifey one bitcoin coming up soon that was his whole mantra and then and then obviously when they reached it when wifey reached it he was like oh more and he was he was what being one of the major mouthpieces for wifey so people trusted him people would like this little blue animal it was great but two things happened so then he started some weird nft things so uh i'll write that thing in there so that's two things one is nft and the other one is that he sold all right so recently he just sold his wifey i don't know how like um like why people found out i guess they did but anyways he sold his wifey he wanted he claimed he wanted some privacy but people who were tracking his wallet knew that he sold right so i don't know why but people felt really angry and he held like roughly around 0.4 percent of the total supply of wifey so it coincided with the drop in wifey prices and people got really really angry um it's a situation where it's combining two things right people most likely all right are actually angry at wifey prices dropping all right this did happen let me just take a look let me show you guys let me show you guys why if i and this happens in crypto prices do move down guys sorry i'm being really i'm being a kind of a douche today so um yeah so we got let's see seven let's look at past seven days over here so yeah this this was a big dip that was happening right so you got this big dip people got angry kirby sold and also sam sold us um sam also sold some as well we're going to talk about that in a sec but anyway so this for some reason got called a rug pull i don't really know why but i don't know people seem to be angry about that and it is the case i mean yes people sell um yeah people get angry because people lose money and it's so easy i think like it's a situation where it's so easy to rabble the crowd be like yo guys let's let's have a lynching let's have a public lynching of someone but anyways i feel like in this case okay if you just look at it from the side of angle of him selling his wifey i don't think it's a big deal in crypto and why i'm extremely um making a point here is because if we start as a community kind of like scapegoating people for selling a coin it leads to the mentality right where it's not kosher to sell but at the same time right not financial advice but for me i take profits it's it's a clear situation where i take profits i lock in the gains um and that's okay and that's what made me survive like if i held on to everything i was holding in 2017 2018 that would have been a brutal time period i still remember when eef was 1600 right and then there were various coins that were all the way up and then like you know sometimes they lose value right so i think it's it's like it's breeding a mentality like i do want everything to go up i want numbers to go up too just like everyone else but at the same time i think it's okay to openly talk about selling and taking profit um i know it's the it's much harder to i mean like that's why i wanted to say today's episode is more like of a no bs episode because like you know there's a lot of people on youtube and you know in twitter space that'd be like oh i never sell you know i'm gonna hold on until i die that doesn't work these guys are the ones that sell in the fastest you know like they're playing personalities right real people take profit that's just the way the world works so i feel like there is absolutely no reason why they attacked him there was something to do with nfts um a lot of people were like oh he was doing this nft thing he was like raising money for art look look look look hear me out all right i'm not a big art fan all right i don't know why crypto decided to be a big art fan like he did this nft thing which i did not really it was our nft all right i did not give a rat's ass about it i'm sorry bad language but i don't know how everyone in crypto suddenly becomes so it became so interested in art like all the defy chats are like oh yeah art art art art this is art okay this blue kirby that's art right that's art do i want to charge millions of e for it no all right no i'm gonna pay millions of e for it no all right no no not gonna do that so i kind of didn't really care about the art thing i i didn't really care about blue kirby doing art either sorry so i mean that's my take on it i i feel like there are people who pretended to appreciate art and then realize that he's not a very good artist maybe i don't know but anyways that's um that's my two cents all right okay i'm not um you know maybe i'm a i'm trying to make this episode a little bit more entertaining okay so so the backstory right is i've been watching a lot of youtube over the past a few days i've been watching um all right the funny thing is i've been watching um just do you guys know this guy's toast it's like this other asian dude and he's like playing this game called among us i've been watching that it's super entertaining i'm trying to make my episodes more entertaining now i think i've i'm not the most entertaining person but i'm like maybe i should make it slightly a bit more entertaining so tell me how that goes maybe i'm like the most terrible entertainer in the world but anyways uh just like don't fault me for trying okay don't fault me for trying i'm trying i'm trying to make it less boring so like let's beep boop beep boop beep numbers go up maybe numbers go down all right but anyways also that's kind of something cool is um i think among us that's a game so i'll show you guys what i'm talking about so um obviously because i got i got my youtube channel up here my disguised so this guy is playing among us um um i think this game is actually super interesting and it's it tells you a little bit about crypto because how it works as this video game works right is that there's 10 people and two of them all right 10 of 10 10 people two of them are backstabbers they're gonna go and kill everyone and the other two eight people are good people you know they're they're happy and they have to discuss and find out who those backstabbers are and that's like i guess that kind of echoes crypto because like right now like you got rug poles right you got like 10 projects two of them are rug pose you gotta find out who they are anyways yeah i i found that kind of amusing and kind of interesting maybe it's just me okay i'm going through phases all right all right so anyway so that's that's what i feel like i felt like the the art stuff like especially like the early stage art stuff like it's not interesting to me i don't think like people are gonna pay millions of dollars for digital art at this current point okay like maybe like at a certain point when it's added to video games you know i've been i've been in nft space for a long time too right if you guys remember i'm like gamer yeah gamer guys or like nfts video gaming but yeah so if they have a certain use if they're used in video games and i'm i'm fine right i'm i guess i'm a very practical person if i can use my sword in a video game that's worth worth money to me because i can fight monsters right but if it's just art right if it's just like a card i mean and it's a digital card i don't know like i just feel like you have to have some sort of use i mean i have collected digital cards not digital real cards in the past right we card i'm big magic the gathering guy um you know if i collect a real card it makes sense a legendary card um i'm kind of still a little bit sad i sold a lot of my magic cards i used to be like fifth edition sixth edition seventh edition mint cards oh my god those would have been like worth thousands of dollars right now but i couldn't find them but anyways regardless of the story i feel like collecting digital legendary cards or legendary art i think it's kind of cool but i'm not gonna spend my money on it um i don't know i just don't appreciate it as much maybe i don't know tell me if i'm wrong okay tell me if i'm wrong but anyway so that's the blue kirby for you i felt like i i personally feel like he's kind of being scapegoated too much for no particular reason and it all really has to like both these uh drama projects have to do with wifey right both of them have to be a wifey the other story is a lot more complicated um so i'll tell it from you from like a kind of an emotional standpoint i guess and we'll go and tell you from the other perspective so sam sam bankman free so this is the other story this is the other big one that came this week sbf right sam bankman freed um it's just finding my twitter so i so you guys know what i'm talking about sbf this guy this guy with wild ass hair with that little cheeky little smile he's got there um yeah sam bankman freed that wild hair so super smart guy super super smart um super smart uh he he's got many hats uh one hat alameda um it's a fund alameda of research sorry it's like i was like it's alameda fund now at alameda research research it sounds more high class research alameda research they have lots and lots of money he also owns another hat which is the ftx exchange and also more recently the final hat um serum and actually there's a bonus hat too um sushi swap but anyways he's obviously got a lot of money and he makes these huge plays and we've been asking him on his channel too he came on his channel uh once before he became a hero and and before he became a villain he was on box mining give me some credit there give me some credit but anyways but so he did a very big brain move all right he did something super big brain he had a lot uh he had a lot um being the owner of ftx he had the native currency ftt there's a lot of that obviously right uh his fund obviously has a lot of that a lot of ftt ftx you know same exchange there's different token name i don't know why the token name is called ftx while the exchange is called ft sorry the the token is called ft the exchange called ftx but anyways but what he did all right is he went on this side he's like yo i got some ftt here let me supply a load of that to this platform and borrow some wifey right so he supplies it on one side borrows another asset on the other side and then he goes and takes that wifey all right he takes it and then he just slams it down on exchange he just sells that all right he's just like bam i don't want this anymore i borrowed it i am gonna just sell it right so obviously what happens to the price it goes blue down down down down down and then at the bottom he can be like yo i want to buy some more buy this buy me some so then he buys it back and he just returns it to the exchange and he makes a lot of profit of difference right he had a free short so anyways that's that's kind of um he got kind of busted for that people found out uh people attract his address you know obviously um and people are like what the hell right you just a you destroy the price of wifey and then obviously kind of did that for free because you have ftt right um like you had a bunch of ft team and you know there's various ethical issues raised there because you know how like what ftt is it is if alameda's ftt like alameda research is ftt is ftx's ftt i mean obviously we've got questions there um but yeah that was a drama so yeah both these dramas were related to wifey um because wifey prices drop people freaked out and then there was like a huge article on it i i totally have no idea where it is but all right i had a very unpopular so yeah this was the this was the this was a drama article the whale hunt sbf kirby and then they both exposed these two villains for what they are but but listen listen listen hear me out hear me out first of all i think kirby's in the clear he sold his wifey that's fine people are allowed to sell i think i think it people were angry mostly because i mean when i was reading this article like people were like read this article box really expose these guys for who they are expose them expose them right but honestly honestly selling should not raise any problems here i i don't understand that like that's that's just way too much for me that's way too much for me right so um i i really think kirby's in the clear um there were a few other accusations of eminence e and m um and he showed e and m but yet again it's one of those situations but this project had no like website no information people just threw 60 million dollars out there and that's something i did not do i was luckily i was asleep and i don't think i would have done it when i was awake either because like that's just not me any like at that point i don't do that stuff you know like i don't make the most ridiculous you know crazy early game plays but that's for a reason so i don't fall for these traps right i i'm kind of sheltered away from this so anyways i don't think there was any two big issues here i mean they discovered like kirby discovered this contract he shared it and then eminence got hacked and then things went bad right so anyways i think i think kirby personally all right i don't think he deserved having his whole family threatened and for this i think this whale hunt is kind of a little bit unjustified unpopular opinion sam on the other hand okay 50 50 all right there's two issues i want to separate for this whole sam bankman free drama slash whale hunt so first of all it's his collateral ftp so 80 million ftp being used as collateral on cream so that's a little bit sketch that's a little bit sketch 80 million of his own currency being used to borrow another currency i think that's something for the cream community to sort out and there's various ways to do this as well either i mean the most extreme will be to delist ftp the other extreme would be to reduce the collateral factor or whatnot but he used the platform as he intended um it's just the issue is that is this asset something that cream should hold on to or not i think that's an issue for another time the other issue of course um and this is where my unpopular opinion comes in is that he sold and dumped a lot of wifey people i think assume that it was a zero risk maneuver but it's not i mean we've seen the same situation happen when remember like two months ago yeah you gotta you gotta search your memory a little bit just wait for it wait for it there's a project called chain link and it was being extremely criticized by zeus capital the zeus capital that did virtually the same thing they just deposited a lot of eve they pulled out a lot of chain link and then shorted it on the market right at that time the community rose up and fought against them and it wasn't free it was very clear that the moment they announced that they were doing so chain link went up because people were like you know what screw you anything gonna happen all right so i feel like this is a situation where sam didn't have a free like it wasn't a risk-free short i think a lot of people kind of assumed that but anyway so so it's a situation where i feel like people are angry because wifey prices went down and then of course obviously you can't be publicly salty about that right that's that's not cool that's not cool if you're if you're emotional and you're public about you losing money in a coin that's not cool is it but anyway so yeah people went and be like oh yo like this whole cream thing that they did not legit man not legit they used the other issue right they used the other reason but i think that the the core the core reason why people were mostly angry is because wifey went down but anyways um yeah that's the two drama things i caught up with i know i know i'm taking this in a very kind of like uh um you know i i how would you describe this like i'm kind of taking the devil's advocate view of everything here it's not the popular opinion so i went and said you know what what what is the most unpopular opinion i can make and let me try to make it obviously that's not going to make me a very popular person but at the same time it gives me another perspective about what's kind of happening in this situation and i think i'm grateful for it because there are certain situations where moving against public opinion really got me um an edge i would say i think this is um it's a classic street uh quote right you know be greedy when everyone's scared and be scared when everyone's greedy that's that's a common quote and that always does kind of work you know it's always like buy low sell high i mean these are like super overused cliche phrases but it kind of also works i mean when everyone is kind of like grabbing their pitchforks and attacking people you got to be smart and making some smart plays right you'd be like yo this drama thing i'm not gonna care about it i mean i mean yes it does affect me i'm holding a little bit of wifey it did fall down a little bit am i gonna be angry at it i'm not and um yeah i'm it's like okay i'll read enough of the drama so i can talk about it but yeah i did not really care about it at all like that's the honest truth i think that's that maybe that's what the word i was looking for i was not not emotionally involved neither for nor against nor i don't have a insane desire to fight for kirby or fight for spf i feel like these are just people in this space and we know what cards they can play now and um it's unfortunate that kirby actually just deleted his account because his whole family got threatened um that's just very very unfortunate but anyway so i kind of feel and different overall yeah like neither up nor down about everything that's that's happening um minshu tan says sam's not smart he's going to jail i don't know man i don't know no comment no comment on that so uh let's just read up on comments a little bit um everyone's like he's a high iq criminal it's kind of funny too like like two weeks ago he was like the hero that saved sushi i don't even think he saved sushi but anyways like he was like the hero and now he's like the villain it's kind of funny how that goes it's the same story of cz the same story with like almost every major character in this space you kind of realize that they do some good they do some bad and it depends on like which side you stand on um yeah i don't stand on any sides like these are just people you got to be very careful and in the end of the day you also have to learn all the high iq plays that they've been doing right i think definitely not create your own coin and then list and then put that on a lending platform and then borrow another asset and shorter i think that's a little bit too much i think they're in normal regulated space this will be highly regulated like um you know but crypto man it's free game and i think that's something that i'm kind of more used to now um you can do anything in the space right it's lawless um and that's something that's uh it's good and bad right because the people who are fighting for kind of reduced regulation because the problem you also see right and i've been saying this for a long time you also see a problem with regulation too because over time regulators get corrupt and this is what led to a messed up central banking system that we have right where regulations favor the existing institutions and hsbc can launder all the mexican drug money they want guess what they're gonna get a little little tiny slap on the wrist yeah make sure it hurts a little bit but nothing else and i think this is a big problem like this is one of the problems that we're facing where you know the biggest money launderers are the big banks it was very clear i mean how else are criminals gonna move trillions of dollars around right bitcoin right now you can't barely move a few million dollars without raising suspicion it's not big enough the big banks are the ones that are doing the main problem right so i still feel like the current regulation system has a lot of problems but the solution obviously might be something between um so crypto definitely challenges that and it's a phase right now where we kind of have to say in crypto the only law is code law where what code can do and what a contract or a smart contract cannot do and i think that's i don't know that's just the life right anyways that's a long story that's short um yeah kai does this don't worry we keep this up sec will come and drop the hammer i think it did right with bitmix they're coming they're coming coming so anyway so um another thing see see breeder coin breeder or whatever that thing is they caught it pulled an excess scam deleted everything and minted coins out of nowhere um let's three i don't know i don't know why people are into this like i it was a situation where a lot of people asked me if i'm like into break this breeder thing um i think a lot of people asked me about this very early on and i was like no i'm not really into it because you have to have exposure to the underlying asset like during the farming days i wasn't really into it too um i don't know i i don't have much to say i mean it just seems like it had its peak and then the rug pulled i'm the worst story narrator in the world i think a lot of people were still in this um yeah so a lot so i didn't touch it because it had um you had to buy their coin and it wasn't something that i felt like they were breeding towards i think like yet again i think it's one of the things i spent very early on i wasn't interested i didn't care for it um and that was a really good decision because now they've just pulled a rug they they found an ingenious way to create a near infinite supply of this breeder thing and dump it on the open markets i think that's the worst story narration for it possible i know i know i should be more sensitive to this um yeah but yet again it's a situation where i consciously made an effort um this breeder and there was another yf breeder there's like another clone of this neither of them which i touch i was like no no like that was like when i was like yeah i'm not gonna degen into this and that worked out really well so yeah oh there we go pretty much that's it yeah reading a lot we got a lot um weird lots of cool comments here so um newsletter 11 like there was one comment um caesar's smack snack sandwich can you link the rugpol list absolutely so it's on my newsletter so we also make it public right now so we're doing this longer period where we have roughly so for full transparency so in the past few months um so the story of the newsletter is i had a list but then i don't want this like newsletter to be sent in the spam list so i for like 2017 2018 i tried to do a newsletter too and like it actually had almost like 3 000 people on it but like restarting this newsletter because it it's a lot of work actually to to push a newsletter out um you have to consistently do it so i kind of dropped the ball 2017 2018 and said you know what i don't have time to make a newsletter every week so um i kind of deleted all the contacts there so if you were subscribed back then uh make sure you so resubscribe now so i moved to a new server we got a different team running it so now it's a team effort rather than an individual effort and it's working really well so i'll highly encourage you to check it out uh we're still thinking of how to monetize it i don't know the sub stack that we can monetize this for new subscribers and gain some money and then continue on this project because i feel like being informed every week it's like it's like some people want to be informed every day but some people don't right and for the people who don't have being informed every week really makes sense and you have a huge list of what's going on you can see that it's like it's kind of like a really messed up time right now with a lot of rug pulls and stuff and you know it's really really good research too so big big kudos to the team um but also big shout outs if you guys want this um we're not going to make it free forever so yeah i'll give it a little bit of period of time so right now we have around two thousand to three thousand subscribers have to still check it out but once we hit a certain mark i think around three thousand five hundred that's going to switch over to a monetized model where that makes a little bit more sense so we can upkeep a team to run this um yeah that makes logical sense um uh it's so funny lots of reading reading a lot of comments on uh the the comments so yeah there was a lot of there was a lot and a lot going on um none of them i touched so it's a situation where um like recently i'll tell you a little bit about what i've been investing in um i'm still deploying capital so i'm still like i'm still personally moving money around um but it's more for projects that are much more legitimate so not you know private you know anonymous teams and anything that's hot um you know two projects that people ask me about um core encore you know i think these projects were very much uh response to what was happening on the market because there's so many rug pulls i think the the core team had this ingenious idea and i think i need to give a little bit more credit for how genius the idea is but at the same time it's a project that i didn't touch but i'll explain that a little bit but the genius here is locking liquidity forever and i think that's the kind of a direct response to how many rug pulls there are i mean you look at this whole list okay how do these rug pulls happen well the projects what they do is they list these projects up the price goes up and all of a sudden they just pull that liquidity out so you like all of a sudden you pull the liquidity and then you end up with coins they can't trade anymore because there's nothing on the other end there's no orders matching the other end and then you're left with a coin that has no value at all and no trading market at all that's kind of how these rug pulls are working these days so the the community response for that was like okay why don't we find other projects without the possibility of a rug pull which is where core and non-core and all those core clones come in where what they do is they lock that liquidity forever so there's no kind of a immediate risk of a rug pull but at the same time i feel like yet again with these projects i'm not going to spam them too hard but that was the innovation right that was what everyone is kind of raging about in terms of that innovation and what else can they do becomes a bigger problem because if your innovation is just oh no rug pulls just an economic play oh it's a deflationary economic play it doesn't mean that this object is valuable so core on the one hand says that doing vaults where they're they're saying the future they're going to start mining coins a little bit like y fee so it's kind of functions like y fee but with a different economic play and they're allowing community to write strategies for them um this is great i mean it sounds very open but at the same time that also means that you don't have to do any work right i mean that's a great way of saying yo let's get the community to to do everything for us so yeah it's it's up to grab them i mean if they can form something cool sure do it um encore was a copy of that and they're like oh we don't even have that we're just going to copy their economic system neither of these projects i really touched um i don't think and again it's it's like people just throw like 0.5 e like candy into this stuff and i'm like it's not for me so it's yeah uh that's my two cents sorry about you know if i'm a little bit of a dick here but it's not for me i feel like it's like i appreciate all the innovation they did with kind of changing the economics and trying to prevent rug pulls but there still could be rug pulls if the price goes up too quickly people can still dump on you right i think that's that doesn't really solve the long-term issue here and you know community driven strategies yet again it's so speculative i don't see enough signal to justify me being super interested in it the noise in the space it's just too strong and i'm like okay look if you really have some like aces up your sleeves i can't see them and and it's just a situation where if i can't see them yeah i'm not i'm not going for it you know back in the day maybe i'll be like maybe this guy's got an ace off his sleeve oh my god now because there's so many people trying to signal that like oh let me let me slightly maybe i got something cool who knows right because so many people are saying that right now it's i'm just gonna be a lot more careful my two cents my two cents so yeah so joe draper jr says i got in early and stopped off stepped off on core uh yeah so a lot of these farming stuff um yeah i kind of i kind of reduced the og one so just just saying yfee i still hold uh people are asking about yfee i still hold some i still farm some um ironically i'm still farming some sushi i'm not really keeping it but i'm farming some sushi farming some uni farming some pancakes yeah flipping burgers and pancakes that's that's my job now that's my job pancake swap pancake swap went through an up and down phase um yeah it's kind of interesting but now they're on the up phase so uh it's a situation where i'm gonna de-risk a little bit here by de-risk i mean obviously sell a little bit all right all right don't don't yeah but that's just the truth why not that's that's the case um cream i still have so cream i've been around i wrote it up and wrote it down and there's a situation where i'm kind of saying to myself you know what they did a lot they're being really heavily used um i do talk to a team a lot obviously like i have a direct connection with the team because i actually asked them a lot about the project uh that's part of my research i try to ask people very very grateful also um because being on this channel i'm allowed to ask people questions and people like that's why i try to share these interviews and stuff right so i'm very very grateful i'll talk to them i wrote it up i wrote it down i still feel like i'm i'm still holding up a substantial bit of cream i'm wondering if i should de-risk i'm still not at the de-risk phase for that yet uh but maybe maybe soon maybe soon oh by the way troy b thank you so much for upgrading your membership to mini whale thank you thank you thank you i got the guns i muster uh so yeah so anyways let's let's go on um on board i i saw kind of ab commenting binance is a joke crypto is a scam it's kind of funny because uh like i said i was watching a lot of um this guy's toast and there was actually an episode where him and his friends like offline tv they were discussing investments and they were discussing crypto specifically and no one understood crypto um i was just like this is such a shame like all these people they're you know like all these youtubers they make a lot of money right like streamers and youtubers make a lot of money they're looking for investment opportunities um and they try to invest right they try to invest um there was a story so skara was the one who was talking he invested in hemp he invested in crypto and one of them did well one of them didn't do well and guess which one didn't do well crypto right uh so yeah i had a reflection about that because you know obviously a lot of people entered crypto 2017 at the very peak of everything going on that didn't really end up very well um for me obviously it ended up very well because i started in 2012 i made my mistakes early i bought in a little bit more early and that kind of changed my life forever right um so it depends on which where you enter but i feel like the understanding of the value of crypto is weak if you understand like that that was my mistake in 2012 i didn't understand the value of why bitcoin is important and the explanation for that is very hard if you go from it from a very like a very mathematical or a very kind of scientific angle it doesn't resonate with people the stuff that really resonated with me was that it was a fact that the modern banking system was so broken the banks hide it very well like but if you watch just a few netflix documentaries you what the one about money laundering with the mixing cartel that really stood out to me uh and it's absolutely real and then you check out what's happening like um the one the website that i used was i think uh violations tracker violation tracker so like you just search any of these things right if i can even spell violation properly but violation tracker hsbc or i'm not kind of signaling out hsbc and it's like kind of because they gave me such a shitty rate for interest too as well but anyways that that's the recent thing i mean jp morgan same thing bank of america same thing just look search violation tracker and your bank your favorite bank and you'll just figure out like this is a criminal organization almost right they're caught fined you know look at these number of records of financial uh offenses and and saying that they're a criminal organization is not wrong they're they're caught red-handed doing stuff like this and they knew they were doing stuff like this but anyways and that's the power of bitcoin bitcoin offers the alternative um that's what makes it powerful it makes it so that we don't have to rely on a centralized bank in order to do financial transactions and this is why this is why it's going to be around forever like it's um you know that's why i'm here that's because i understand anyways enough shilling about bitcoin so i think what we're gonna do is we're gonna uh we're gonna we finish up rug post see uh this stuff let's see that's where we're at so we finished up um drama we finished up the two drama articles or what we want to say here uh so yeah this is done i can't let me see if i can i'm still trying to learn how to use a whiteboard people are asking me when when did this whiteboard come along so i bought this ages ago but i'm not very good at using it yet like it's just the way it is like um i'm still quite a noob at this so it's not a touch screen so that this whole thing is um i'll show you guys here oh wow it's invisible look at that look at that look at that that's invisible it's high tech it's so high tech that it's got invisibility cloak on it but anyway so so yeah so it doesn't have touch features so i have to like learn how to use a pen and all that stuff but it's a it's a wacom tablet so i can write on on it so anyways we've done this drama we've done rug pull we've got dsep in china what what do i don't cover about that that's super fast i mean we know china's moving towards a central bank based version of digital currencies right so they're issuing out something that's called dcep digital currency electronic payment one of the sexiest names you can name a currency digital currency electronic payment d set anyways oh but yeah so so they launched that um they're actually giving away people free dsep to try so yet again it's like kind of like almost like an airdrop they kind of they kind of just stole concepts from crypto right they stole a lot of the blockchain elements from there like the tech side and then they they stole some of the ideas you know hey airdrop some people some coins um but it is one-to-one with the renminbi so it's it's more of a giveaway so it's one-to-one to renminbi it's set by the central government it's designed to get people and introduced to the central bank issue version of digital currencies so it's issued by it's like it's got the final signature the signature on that to make everything work it's completely centralized and it's centralized based upon the signatures of the central bank of china so the people's bank not this so the people's bank of china is issuing this out and it's like a very tier structure right let me go back to here so it's like people's pboc you'll see and then they they divvy the hour out to like these tier one banks t1 banks like the big like the big uh bank of china and all that stuff and then and then these banks that be out to their friends too right so this is how it it works it's pretty much a pyramid structure it's shaped like a pyramid all right it's fiat currency it's shaped like a pyramid that's a centralized centralized one point one point one super top tier point not gonna diss it not gonna diss it it's just the way or orcs right that's how centralized structures work you got one point you distribute it down and distribute it down again but anyways that's that's how it's working there so dsep is actually being kind of more and more pushed in china and the side consequences two side consequences all right so one is that they've been actually speaking good about crypto recently which is very interesting so like the for a whole month last month they're talking pretty good and this is like at a central banking level they're speaking you know what this e thing best asset this year like just auto the blue it's like that like yo yo yo check out the news yep this e thing we didn't tell you about it we couldn't talk about it for a while okay anyways i'm gonna put words in their mouths um but anyway so they said eve was one of the best performing assets of this year bitcoin so does us signify something maybe something interesting is coming up maybe maybe maybe not gonna speculate too much but it's also very interesting the way they're gonna push digital currencies i think overall it's gonna allow people to understand a lot more about digital currencies in china they're literally giving away like little collect you can collect a little bit of dsep and put it in your wallet and use it it and that's interesting i mean it's a digital currency right so and it's got some very interesting things as well like you can tap two phones and they can transfer this digital currency offline so it's got some stuff that bitcoin doesn't have as well um it's got a lot of cryptographic signatures like it's very very complicated and yes people are hoping that if we can be able to kind of bridge dsep cep and bitcoin right to form that bridge that could be something interesting so anyways but when technically i think people aren't talking about that yet that's just the way it is um atlantis says breedcoin was audited by a chinese company so i'm just gonna i'm just gonna do comments and comments and um comments now just talk as a community about that so a few things um um so brie was audited by a company audits mean a little bit but they don't mean everything so brie found a very ingenious way to create more coins it has to do with some form of migration that they're doing so like i read through the story so basically like they they were doing a migration and they were able to migrate old they were able to mint obri and just dump it on the market and it doesn't be very interesting right like if a team wants to scam you they can just move and scam you right that's the biggest issue right now with these projects a lot of people think that just because this contract can't be hacked doesn't mean that this project is legit because you still need the team to build stuff i mean if they choose to exit or find a create a new migration of a project so that they can exit they can still exit right and this is a big big problem facing all the stuff and you know um it depends on what stage they're at i mean if a project like bitcoin is a currency and it's very established to become a currency that's a different story but if a project says oh yeah we want to be a currency they need to do something that's 10x better than bitcoin or 100x better than bitcoin and they need to achieve that goal so a lot of time you're investing not in what they're buying um like what they're what they have already but what in the future right and the problem is that the team leaves and that's there is no future all right so anyways audits don't really mean that much i mean a lot of people are like commenting on my thread that like oh check it out x it's got three audits uh whoopee right so what if it's got three audits it means that the code can't be breached by hackers but it tells you nothing about if the project is legit or not you know a a pyramid scheme can be audited and to say look this is performing exactly what what it is like yeah so anyways that's that's the issue i think like there's a lot of nuance to it you got to make a few big like at least for me right i'm like i'm i'm trying to make a few more big brain played in place in the space um yeah that's kind of what's happening so uh we got benjamin thoughts on click swap and honey swap no i haven't i have not touched that yet um i've been drastically reducing like i said you know like like honestly i i tell you guys the truth guys i tell you guys the truth like right now drastically reduce all these like swap projects and stuff i'm looking into like like super big reduction like i don't think there is any reason to um unless it's like snow swap or something which is like apparently good uh so sammy says we love you yay oh ryan taste is hey michael are you still bullish and trust swap i know you're an advisor but i like your personal take okay so trust swap they move super quickly during the defi space phase and took a lot and a lot of interest and i think the um they actually did really well with trust watch launchpad obviously right now there's a pullback along with every single other defi coin that's pulled back i still hold a lot of trust swap um i feel like a i want to support them and what they're doing and also like i'm looking for i'm trying to push jeff to do more hopefully that will be the case and yeah boom uh billy elliot says mike are you friends of ian bellina great question great question this is a funny story too this actually leads to a funny story so i never met ian all right um and i've been pretty critical of how kind of like his strategy right i i take the absolute opposite strategy and i did not like um that moon lambo video i'm like guys come on right like if you just it's the easiest thing to do in crypto is to cater to people's greed and moon lambo is the epitome of that we're gonna land on the moon i'm lambo okay i can't rap but anyway so i hated that song and i was very vocal about that so on this video the first comment i thought like dude this is not the time and place for moon lambo sounds i mean you know like especially when the market was like taking a little bit of dip and people are freaking out like you and bragging about your moon and your lambo not cool so he he absolutely hated me for that like after that he was like i hate michael i'm not not sure if he hates michael or not but like he he took offense to that personally i can maybe see why me oh maybe he'd spend some time you know he was dancing you know he was learning how to dance and sing and moon and lambo but anyway so anyways when he came to hong kong um we're like okay maybe we just meet and talk but ian was like no you gotta apologize apologize for calling me out on moon lambo first i'm like i didn't do anything wrong anyway so this is like maybe there was miscommunication too like we spoke between people like people were trying to organize a meetup so like my guy that was trying to organize a meetup with ian was like yo you gotta apologize for moon lambo i'm like no way in hell so yeah we didn't meet up um alc says but once your buddy with superman you know what with superman on the other side all right i'm incredibly biased here because i know superman as a person and he plays a personality on youtube i don't support like i don't like real everything he does right this is like i think like yet again youtube is like associating people with each other but as a person superman's not a dick all right just like not no one's gonna understand me super and popular opinion like yeah i don't know he's like he's not he's actually not a dick all right that's like he's actually a pretty cool guy and um like there's a there's a few cases where he was like yo like there was a lot of things that he could have done and he's like oh i have to go back for my kid like you know i like to do more i like to like you know just there's a lot of things he can do but he's like yo i i had this commitment i needed to go and you know i feel my kid and i was like whoa cool that's like that's a cool thing hey but anyway that's my two cents um yep uh on everything so obviously incredibly biased um you know but yeah so kai does is nothing to apologize um but have moon lambo i can uh man that that sounds great i love it so um l ricksters is only finance you did a video about them are the team like yeah they actually sent me some new stuff i should actually really take a look um like i've been like talking with a lot of projects and sometimes they ask me for opinions and stuff i should really take a look so anyways a good reminder thank you i i i needed to reply to that i'll reply to them afterwards that um that's pretty cool they're definitely building something um eddie why asked a really good question just now like just one second ago so his question is what are your thoughts on nft and blockchain gaming long story so long term i'm really bullish on blockchain gaming really long term really really long term like five ten years in the future i think it solves a lot of big problems with gaming i learned all right throughout the years that takes a lot longer like i was hoping that gamer developers will be a little bit smarter but they're not and it takes a lot of game design to make blockchain gaming work a lot of people in this space especially people who don't understand gaming uh and this is me i come from a gaming background like uh my history of gaming is i'm very good at every game's economic system so i knew the economy of world of warcraft through and through i was the richest person on my server and i was selling around 500 usd worth of world of warcraft gold per month back in the day i and that was like a super bad price too but i was like you know what i'm making so much money here like i knew the economic system like back on my hand well same up diablo 3 new to economic system back on my hand well and this is why i got a job working in game design in economic side right because i knew both economies of these two really good games and there are very very few people who understand how to make items work and that's the sad part make trading work make items work it's extremely hard it requires you to be actually smart and uh not many people can do it and it's very clear not many people can do it a lot of people tried you know like you know let's let's make a trading card game like magic the gathering and just you know make it not the blizzard way right because blizzard did the same thing they said you know let's copy magic the gathering let's make hearthstone but blizzard was smart and i said you know what trading is hard so we're not going to tackle trading we're going to we're going to make a trading card game without trading and it sounds absolutely stupid but that's exactly what they did that worked really well because trading is super hard to do because trading instantly kills your monetization it it might not even be fun for players so i have a very good talk about that like i talked with the guys at infinite fleet so this is yet again um actual legit game designers about it uh box mining box my infinite if i can actually spell but obviously it cannot um so box mining there's a few interviews on this um the one i would really recommend is how can we get millions of gamers into crypto and create about system about blockchain gaming this is with samsung mouse team so if you guys know samsung mo excelian um big big um big big bitcoin maximalist uh cso of blockstream but little do you know he's also a game dev that's actually how i met him like you know like going into game developer conventions it's pre-bitcoin so you know my pre-bitcoin games i met these guys and they i know they know what they're doing they know strategy games and they um samsung played a very big part in one of my favorite games company of heroes uh but yeah anyways so we talked about one of the challenges of getting this done and it's way beyond what people are seeing right now i think we had a few lucky situations with say crypto kitties um you can view it as a great success or a great failure because obviously the game doesn't retain users at all uh so that would be a great failure from a game design perspective like if you're designing game for millions of people it's not it's a big failure right but also in terms of money making and a proof of concept is a big success people are interested in collecting these digital cats on the blockchain so recently i've been having a little bit of chain of change of heart so you watch this one and then watch the other interview with yat su so this is uh the live interview i did with yat su this is also very very good about nfts and he also provided a very good counterpoint so that was actually really cool so this is um he's making rev he's also one of the very early founders in the nft space um any mocha brands is huge in hong kong he's the co-founder of that he started it off he's like very visionary in that way and something that really pointed we point out was that because my experience was designing games which needed to appeal to the mass public so um back in the day when i was working on game design we had to appeal and retain users like we were speaking of tencent right we're speaking tencent we're speaking with chi who 360 we're speaking with a bunch of other publishers and their requirement was that this needed to be a mainstream game and for the mainstream criteria you're you're you're pushing for something around approximately 30 to 40 percent 10 day retentions right that means for every 10 people that come in and 30 percent like three has to stay but blockchain games you don't have to do that like the criteria is a little bit lower it's more experimental and people are richer i mean crypto is everyone's very rich um and they're willing to kind of pay for this art so even if it doesn't turn out to be very fun they're they're paying for the experience so i think that's the state that we're at i feel like i need to be a a little less kind of um demanding in terms of what's happening in the blockchain game and blockchain nft space and i feel like there's many ways to approach it i think like the long-term possibilities are great but i also want to really point out that it's a challenge that game designers need to overcome they can't just copy something and expect it to work and i think this is the biggest problem in blockchain where actual real innovation is hard to come by so anyways long story cut short and you gotta be you know you know quite quite good um michael blasts it was a good interview but hard to hear the audio so two things i've actually um did a full edit on the video like i i really severely rescued the audio for the video release and for the podcast release so like that interview was very hard to hear but i listened to your feedback um i spent literally like one and a half hours figuring out how to correct audio issues so it's much better right it's not it's not perfect obviously you know if you set everything up right the first time it's perfect and it's good but no it happens um low sandro like cases hey michael can you share your review about harvest finance i think that's actually a good question i'm in between about harvest i think they're trying to do a lot of cool stuff but at the same time there were a lot of technical challenges that they couldn't fix like for example there was an issue where eve got stuck and i was like whoa that's weird like they got stuck and creamed so they say and then um andre from wifey like um andre crone came and actually fixed it so i don't think they're pulling something i don't think they're pulling something but at the same time i'm very suspicious these days so harvest is one of those points that i got the free bread for the people like i farmed it for free like you farm it and you put your coins there and you get the free harvest you get the free farm um and i touched a little bit about with uh my depositing my usdt there but i didn't feel safe at all so i just pulled that out so i'm lukewarm okay like i'm okay with it i'm not gonna shit on it like you know i don't feel like they're malicious i don't feel like they're stealing money but i'm not into it like i'm like the caution mode is on i'm i have no exposure right now to it so that's my two cents um yeah anyways uh we got a lot of people asking and requests for this so um few things few things so we got uh nhs please can we get your telegram channel pro please so telegram channel is moving really well but but but but but we've been having a lot of moderating issues i want on to ease up on moderating and we have a discord channel all right so discord channel everyone can join um we'll open that for a long time and we'll use the discord channel for now to feed up to telegram channel uh i know this is like a kind of a dick move on my end um like it's kind of douche kind of but recently i've been saying you know what more like if you provide to the table then you can take from the table right um there's no free lunch in crypto so yeah the telegram group if you keep providing in the discord group you get an invite otherwise no so that's kind of the story right now yeah we'll get we'll post the discord links down below come on come on yeah we got we got discord links down below and yeah that's the case that's cool so angela when i says discord link in the description we got in the description guys great win link win link so that's that's it so the discord links in the description i'll try to figure out if i actually have it here also by the way guys i'm also behaving a little bit differently i've been noticing that i've been behaving quite differently here and it's also because i'm extremely hungry as you guys know from last week i've started intermittent fasting so that means i skip out breakfast so i can actually start eating now um it's 12 so i'm doing 12 to 8 so right now it's 12 uh 25 right now actually so 23 so yeah so i can't really eat before i live stream now so i'm trying to lose a little bit of weight uh i have lost barely anything right now because i'm like doubling up on my meals but i'm fingers crossed like after this week after this week i'm more used to eating within an eight hour window uh it'll be better to my two cents sorry we'll see well that's that's my big brain play here um big brain hope or small brain hope i don't know uh unpopular facts is angela unpopular fact we've been telling everyone about telegram closing for the past two months so yeah unfortunately telegram is closed for now so congrats on anyone on the telegram group and unfortunately yeah if you're not on telegram come on discord we'll make discord actually good all right discord like people told me discord is great because we have different like categories so like there could be like a show corner you can show your face off ask about anything right and then there'll be like a serious discussion corner and it's it's gonna be fun and there's also voice chat and we'll play some games i'm like i'm really interested in playing among us so i mean like no promises yet right but like if there's enough people there we'll play games together it'll be really fun discord seems to be really cool um yeah we got ali arabi says hey michael his wifey did of course not like they got them like they got andre like i don't know like i don't know how opinion changes so fast in crypto um i just take a net average of all these stupid opinions coming along that's great um nh says did you get into uni then no not yet okay so so i'll talking about projects all right talking about projects um this is where anyone who is under 18 you guys need to leave right now because um so recently this weekend the biggest research that i have been doing is related to this adult industry project called swag um it's adult industry so it's like let's let's be honest here like yeah anyways if you're over 18 please leave this conversation but discussing about this i'm not gonna show anything i think like a little bit actually i can show my website because there's nothing bad there per se um what can i say about it so it's adult industry it's a tokenized version of the platform swag swag is adult live streaming uh i don't be sure if i'm allowed to talk to this about youtube but i'm gonna be extremely sensitive here so um why why am i looking into this well because they're doing a token sale they have a dow they have a business model they have a real team of real people and they're also very closely related to to to cream which is how i got introduced um adult industry stuff is touchy obviously um not sure if i'm the most comfortable person talking about this i mean it was the first time for me actually talking about it in person uh but it's a huge industry with a lot of money and the way i see it and why i got interested into this is because the asian market is still relatively open and they pioneered a lot of stuff for the asian market so not japan so asia x japan um so taiwan southeast asia and stuff it's um they have roughly like if i just look at the numbers here so around 10 million users worldwide like they grew that within like two three years i don't know it's like a pretty big growth um new platform and they're opening that up in terms of revenue so the number that they posted up on medium was around 12 million us dollars worldwide um per year so yeah uh entertainment streaming paywalled and adult entertainment so yeah it seems like a obvious investment opportunity um for me at the very least or at least a speculative i'm not gonna i'm gonna phrase myself very carefully here so yet again it's it's something that i'm looking into you can make all the jokes you want all right feel free feel free to make a lot of jokes you want but um yeah that's where i'm looking at but if it's if you're under 18 don't look at it if you're not you're good so anyways yeah that's what i'll talk about more i'll see how the receptionist i am um unsure of what youtube will do all right i think youtube is ultra sensitive i should be yeah but you know come on telegram come on discord chat please don't share the stuff there um yeah just search it up swag finance we have an article up on box my.com uh we have um yeah just some links on twitter if you guys are interested but i think youtube is super hard right now um ton says what do you mean it's close to cream so they're doing their sale on cream um there's a lot of like it's a long story it's a long story it's a long story um yeah but yeah um let's see anyway so more it's gonna be revealed more it's gonna be revealed um fernard mccarris is poor advisory of now is the mouth i'm so at this video it's getting so bad i'm like so destroyed so guys smash up the likes it might disappear but smash up the likes while as you can um i still think like it makes sense for me for at least from my angle for for the adult industry to push forward crypto adoption like the adult industry pushed very forward like push the internet it pushed online streaming like before you gotta thank the adult industry for um online video streaming like it they pioneered that right and also with the use case of like nfts i think like you can make a million nfts with adult industry content like i don't even have to say anything here right like you guys use your own imaginations like nft space can blow to blow up with that um same with crypto i think um just another kind of a story so um the company the game company i used to work at um they weren't super popular with mainstream games like i said there was this very very difficult but they did try their hand at some adult industry games and that took off like crazy like that is an entire industry that's relatively untouched but the biggest problem with developing for adult industry was payment processing because obviously apple and google they don't want to take that and for the longest amount of time steam didn't want to take that too so it ended up to be a case where the big risk platforms um which are you guys can figure it out just the biggest platforms became the biggest um carriers and they took the biggest part of profit because they were the only ones doing payment processing so roughly speaking 80 of all the game profits go to the platform so it's a yet a case where blockchain payments actually does help and it's a case where you know like remember verge when they announced their part hub partnership like i'm like you know what like i don't like your project but you know what you're thinking the right way so anyways um i'm not sure how much endorsement i want to throw here um it's like obviously if you guys know it's it's hard but uh there's plenty of money and plenty of drive like especially for unique content i think people are going willing to do go very far for that uh we'll see if i can actually manage to get my hands on one i'm actually pretty excited to move back to apple to be fair a long story cut short um yeah i'm not sure if i'm taking any sides or not but anyways yeah that streams up let me copy let's get the shareable link for that and put paste in the chat so guys and by the way guys thank you for all the donations and i saw bernard thank you so much for the nation as well i just didn't comment on it but i saw a cool donation from bernard and a few other donations really big apologies for running through all the donations and stuff um yeah so oh by yeah bernard thank you so much for your 20 donations i will buy the coffee awesome man um bob cranberry hsbc is criminal but they did help me arbitrage trade between bitcoin and hong kong korea in 2015 and 17. congrats congrats congrats and mike rx thank you so much for your donation as well how come if i'll only show transaction current e-price instead of executed price makes calculations hard how do you do it i'm not too sure actually um i don't actually use eeve scan to calculate the price and usually i confirm prices with everything prior with the other party prior to sending so that makes life a lot easier um for me anyways um that's pretty much it um thank you so much for coming uh uh billy elliott says mike sorry for asking any thoughts on air swap or vet have lots of veto i'm still actually really big on v chain actually um i have actually have a whole huge v chain holding and a lot of vet as we fall as well so i feel feel like that's another easy way for adoption right enterprise adoption um like it's it's easy but it's not like a walk in a park right so it's still going to take years but it's going to take less years than i i still think yeah it's if you're going to hate me it's going to take less years for a good good game like a good billion player game on crypto like we'll see industry adoption like you know there's a huge need for like anti-counterfeit tracking um authenticity like tracking uh supply chain management coaching logistics it's already being adopted i mean you just check out walmart in china uh that adoption will be faster than getting a good video game um i just feel like like that's this point right like the nfc space the more money that flows into it the worse it's going to become like people are just going to be after the money like people will need to go back to the drawing board and look at how to make a game with transactional model and that's going to be hard so anyways that's my two cents on that um escrow rails is i've been fought on disk x no i did not um yeah like i said severely reducing the number of new projects i'm looking into i did look into swag you know i can make a lot of jokes about that adult industry stuff but you know that's i feel like that has a huge potential um in this space for actual some form of usage and adoption i also looked into a few other projects as well um plot x is one of them injected protocol they have all been contacting me they look very great i have a call with oasis labs um yeah so not nothing oh dodo swap like i looked in dodo i think that's the most kind of comical one but anyways guys um also vodka cranberry thank you so much for donations is the more you eat in your eight hour window the hungry you'll be in your 12 i mean in your 16 have a good meal dude oh that that actually makes sense yeah that makes sense like i've been eating a lot in that eight hour window i've been eating like like just once i ate like a 400 grams of steak like i'm like i gonna have to devour this right like like i was like i saw the menu i was like you know what 100 grams no no no no no no 400 grams yes yes and that's why i'm so hungry i mean i'm i think i'm eating a lot and i haven't lost any weight too because i've been eating a lot so uh it's gonna work out it's gonna work it's gonna just take a lot of time so anyways um that's it for today's episode uh thank you so much i got a lot of actually like a dieting tips actually after this i'm actually gonna go through it um i think it's really good i'm gonna find more strategies to do so i'm just gonna just tone down i'm not gonna like like aggressively tone down but intermittent fasting has other benefits too so i'm like i'm doing all this whole health thing again and i think that's good so yet again it's like the because right now crypto is slowing down a little bit it's good to just work on your real life right and then when crypto moves up then i'm kind of just like sitting in the corner and just work like 15 hours a day and stuff and that'll be fun so anyways that's pretty much it um for this channel thank you guys so much winner also asked do you think wife wifey is in the right direction absolutely i think they're really cool they actually announced a lot recently and i helped them do uh signing their multi-sig they're like oh do you have to sign this multi-sig i'm like oh sure okay i'll hope you do that um so anyways yeah so a lot's going on uh thank you so much for going down but now i thank you so much for the donation thank you guys for moderating as well um and yeah see you guys on discord um we'll be on we'll be on and we'll see you guys on next lesson elijah keelan says 50 minutes on a trampoline three times a week that's so good for your core it's absolutely crazy i love like yeah like that's that's super good for your core but anyways guys thank you guys so much for watching thank you guys for smashing up the likes so i was really appreciate it um yeah we have like lightning round what's your thoughts on flamingo i think flamingo is cool um i used it for a while but the rewards um it wasn't the best farm so that for that reason i don't have my eef in there right now but i did cross that bridge and it worked and i think it was pretty cool um you know they're doing a lot with neo i still have a little bit flamingo i'm not ditching that yeah yeah that's the current take on it but anyways guys thank you so much for coming on um nft giveaway i'm sorry i'm just super hungry um i'll try i'll double up next week i'm sorry um i'll find a way i'll find a way i'm just super super hungry i'm super so anyways guys thank you guys so much for watching thank thank you guys so much sorry if there's no nft giveaway today um we'll do that next time we'll find a way or just leave a comment down below you know what let's do it so like once this video is released just leave a comment down below your eef address we'll do it for this video but i'm not going to do it live because i'm like starving i don't want to spend another like um five minutes doing that so comment down below once the video is released and then we'll do it afterwards so anyways good good guys thank you guys so much for eating i'm not not i'm very hungry you can see everything is revolving on food right now but anyways thank you guys so much for watching