Ever wondered what it takes to traverse the intricate crypto world and amass a million-dollar portfolio? Join us as we sit down with Miguel from Dollar Cost Crypto, a blue-collar business owner turned crypto-tycoon, who shares his inspiring journey and the strategies that propelled him to success. From leveraging social media platforms like Instagram, Twitter, and YouTube, to mastering the Ethereum ecosystem and staking, Miguel's story is a testament to the potential that lies in the crypto universe.
Are you ready to dig deep into the finer aspects of crypto investing? Miguel lends his insights on the potential price points for Bitcoin and Ethereum, the ease of buying the bottom of crypto assets over the top, and his personal strategies for hitting the lows. We tackle the often overlooked complexities of passing on cryptos after death, weighing the pros and cons of trusting a lawyer, and the potential that smart contracts on Ethereum hold.
In the last segment of our chat, we turn our gaze to broader economic and social phenomena. We discuss the ripple effects of population growth on the global economy, the emerging landscape of digital identification technology, and the prospects of MLM. Miguel also shares his take on various cryptocurrencies such as Luna, Chainlink's CCIP, and his Hex investment. It's a conversation that transcends the realm of crypto and delves into the future of finance, technology, and society. Don't miss out as Miguel leaves us with his closing nuggets of wisdom and tips on leveraging a following to explore other topics.
🔗 Connect with Dollar Cost Crypto:
🎥 YouTube Channel - https://www.youtube.com/@DollarCostCrypto
🐦 Twitter -https://twitter.com/dollarcostcrypt
📸 Instagram - https://www.instagram.com/dollarcostc...
🔥 Website 🔥
https://cultivatecrypto.com/
🔥 Join The Crypto Mindset Course 🔥
https://www.cryptomindsetcourse.com/a...
Take advantage of special offers from our sponsors:
Buy Bitcoin from the reputable Canadian exchange, Bitbuy, and get a $20.00 bonus after making the first $250 transfer: https://bitbuy.ca/halving
Get a $30.00 discount on the ultra-secure Bitfi self-custody wallet: https://go.bitfi.com/NS60BY
Ever wondered what it takes to traverse the intricate crypto world and amass a million-dollar portfolio? Join us as we sit down with Miguel from Dollar Cost Crypto, a blue-collar business owner turned crypto-tycoon, who shares his inspiring journey and the strategies that propelled him to success. From leveraging social media platforms like Instagram, Twitter, and YouTube, to mastering the Ethereum ecosystem and staking, Miguel's story is a testament to the potential that lies in the crypto universe.
Are you ready to dig deep into the finer aspects of crypto investing? Miguel lends his insights on the potential price points for Bitcoin and Ethereum, the ease of buying the bottom of crypto assets over the top, and his personal strategies for hitting the lows. We tackle the often overlooked complexities of passing on cryptos after death, weighing the pros and cons of trusting a lawyer, and the potential that smart contracts on Ethereum hold.
In the last segment of our chat, we turn our gaze to broader economic and social phenomena. We discuss the ripple effects of population growth on the global economy, the emerging landscape of digital identification technology, and the prospects of MLM. Miguel also shares his take on various cryptocurrencies such as Luna, Chainlink's CCIP, and his Hex investment. It's a conversation that transcends the realm of crypto and delves into the future of finance, technology, and society. Don't miss out as Miguel leaves us with his closing nuggets of wisdom and tips on leveraging a following to explore other topics.
🔗 Connect with Dollar Cost Crypto:
🎥 YouTube Channel - https://www.youtube.com/@DollarCostCrypto
🐦 Twitter -https://twitter.com/dollarcostcrypt
📸 Instagram - https://www.instagram.com/dollarcostc...
🔥 Website 🔥
https://cultivatecrypto.com/
🔥 Join The Crypto Mindset Course 🔥
https://www.cryptomindsetcourse.com/a...
Take advantage of special offers from our sponsors:
Buy Bitcoin from the reputable Canadian exchange, Bitbuy, and get a $20.00 bonus after making the first $250 transfer: https://bitbuy.ca/halving
Get a $30.00 discount on the ultra-secure Bitfi self-custody wallet: https://go.bitfi.com/NS60BY
What's up everybody. Welcome back to another episode of the having report podcast. I am your host, brad minds. The price of Bitcoin is approximately 29.3 thousand US dollars and there's only about 270 days left until the next Bitcoin having. Today, we welcome back Miguel from dollar cost crypto onto the show. Miguel has been on the having report twice in the past and he's finally making his return home here on the having report. You may know him as hex Jesus, like coin Moses, doge, coin Muhammad, xrp beboot. The one and only Dollar cost crypto is here with us today. He's built himself a household name in the cryptocurrency YouTube space. He's a hex og and he's definitely into the trenches of the crypto space with his ear very close to the ground. So, without further ado, everybody, welcome Miguel back onto the show. Welcome back. Like coin Moses, hex Jesus, doge coin Muhammad, xrp beboop. It's our very own dollar cost crypto man. This is your third time on having report. Man, how does it feel to be back?
Speaker 2:You know, after years of like abandonment and stuff, I feel like I finally returned home. I you know this guy, you know I was a like coin guy and then he just forgot about me and then just found me recently from the trash bin.
Speaker 1:Man, okay. So so what I was saying in the pre-roll is that I was looking for you. I had you on, I had you on a couple times. You know you're you. You kind of blew my mind both times You're on the podcast, you. You got your ear very close to the ground in the crypto space. I'm out there looking for you for like coin Moses. Can't find you, can't find. You Give up. Then I just came across you like not too long ago again, and your dollar cost crypto, which which makes sense, because that was still your podcast name and YouTube channel. For whatever reason, I just I knew you as like coin Moses is in my head.
Speaker 2:So that was my name, right, and like you actually it was kind of funny. You kind of knew all my other names like I've been called like dogecoin muhammad was like the first name I ever had in crypto ever and I I mean before even dollar cost crypto. I had a podcast called the crypto gamble podcast.
Speaker 1:Yeah.
Speaker 2:I had it ended because it got deleted. I don't know why. Seriously yeah, podcast app or something like that. Just the ranker deleted it and then I had us.
Speaker 1:That had a restart again and then I started with the dollar cost crypto Podcast you kind of went from from one end to the other there with crypto gamble to dollar cost averaging. Is that like a reflection of, like your, some self-development there in the space, or what?
Speaker 2:This is what I do. I'm in the trim, in the trenches, man, I mean shit. I mean I live here in Vegas, so I mean I'm always gambling.
Speaker 1:So you guys got a big event coming up for the for the premiere of the documentary. Can you give us a rundown of? You know what the documentary like? Who are these people? Who are the people making the documentary?
Speaker 2:Yeah for sure. So it's called the highest stakes, the highest stakes. It's basically a not just a documentary on Richard Hart. It's basically about the hex community and it goes through kind of the pros and cons of what happened during, you know, 2021, primarily where it was being filmed a little bit into 2023 in terms of pulse chain launch and stuff. The guys were out there in Bitcoin Miami when I was out there, so they filmed a couple of the guys out there for the pulse chain launch because it launched in May. But effectively it goes through like interviews Richard. It shows it's struggling in lifestyle, like how he is, like how he's very like, very out there in flamboyant. It interviews a lot of the guys in the community and then also interviews people that are against you know, hex, and not just hex but crypto in general and stuff. So it gave a really balanced view. Personally, I've only seen little snippets of it the movies officially coming out. So I'm doing the movie premiere for it here in Las Vegas at the Red Rock Casino at 7 pm on Friday and Saturday next week and I have all the tickets. So you know, hit me up on Twitter or something Dallacast Crypto, but basically I'm throwing a big, big event next week. It's called the Crypto Mindset Meetup. This is a second annual event. We have over 100 plus people coming to the event. They're flying all over the United States and we have some people even from Australia flying over coming to this event and basically we're throwing out the ponds. We're doing this big pool party. We're doing this. We're doing a big, like actual DJ pool party. Then we're going to go watch the movie from here. We're going to have some night clubs. Then the next day we've rented out this huge venue. We got like trapezius artists, like DJs. I mean we were literally partying like all week and long. But it's also during the night times. We're all like night events and having fun. And the daytime we're doing a lot of like sort of a seminar and teaching people about how to YouTube and how to do networking and all that jazz era, as well as people asking us questions that we can't really answer on YouTube like portfolio questions. So that's kind of what's going on there and in terms of like the actual guys who are doing the movie, I don't know what to tip my tongue to the guy who ended up making, but he's made a lot of like pretty well. I mean he's made, he's gotten a lot of awards for doing documentaries and stuff like that. Like I'll find the names out for you. We'll probably plug it in a little bit later or something like that. But you know they're a pretty decorated team. These guys are no joke and a lot of my buddies actually helped fund the movie, which is pretty cool.
Speaker 1:Yeah, it looks like a very high quality made movie. So now I saw that's premiering in what like a dozen theaters across America, or I mean, basically it's going to, yeah, most major cities in America.
Speaker 2:Originally it was going to be just four or five cities at most like those will be Los Angeles, vegas, New York, miami, and then I think, like Dallas, that's it and most or Austin, I forgot. What ended up happening is so many people bought the tickets out so quickly, they kept adding more theaters. Now they're going to do a second week theater run and it's going to be. There's going to be theaters internationally as well. So what's happening is there's so many Hexicans and so many people from the crypto community that want to support a crypto movie that it's actually probably going to end up having a pretty decent theater run, from what I can tell right now, and people are watching in multiple times. So I think it's going to sell out pretty much entirely here in Vegas and most other cities, and this is basically to give interest to basically to have it on Netflix or have it on Hulu or any of these streaming sites, because that's really what the main goal of the whole movie was to have it so everyone can see it, and I think that's the key. I should get onboarding.
Speaker 1:Definitely, man. It looks good. I'm wanting to see it. Hopefully I can access it online at some point through one of these streaming sites. You've come a long way, man, in this space. You talked about helping people with YouTube and you've kind of focused more on. It seems like you've been more of a YouTube channel than a podcast per se. Would you agree with that?
Speaker 2:No, I would totally agree with that. If I'm being honest, I was pretty shy. I've always hated social media just from the jump, even from high school. I used a little bit of Facebook like everyone else did and then saw that it was just your aunts and uncles on it and abandoned it. I used a little Snapchat at most and then I just completely let. I just wasn't using social media at all. I was like throughout most of my 20s, if I'm being honest. So what ended up happening is I was just really addicted to listen to podcasts and stuff. That's kind of how I found you and I found another lot of people. I was like crazy on the Apple podcast game. I was listening to anything crypto Like because there's so few guys you and a couple other people. There was only a couple other podcasts doing crypto content and stuff. So, like I found you pretty. That's how I found you. Actually, I found you through there and I DMed you and stuff, and I think I saw a couple posts of you on Twitter as well and stuff. So I think you may have interviewed so many from the Litecoin community. That's how I may have first found you, if I'm being honest.
Speaker 1:I don't know you. You probably as Litecoin Moses. I think you got to be the biggest Litecoin guy I had on. I know We'll have to look back there.
Speaker 2:We'll have to look back. I know, what's been a while. I mean with anybody like, I mean like you or me, who has been like you're going to forget, like it's great, like you've done a lot of shows, dude, congrats to you, bro, I'm so happy Like bro, you're one of the few guys that are still around. I'm telling you, man, every time we have a winter, which is a bear market 99% destruction of competition or friendlies or anybody, anybody like it, so like you make all these connections and then a lot of them leave and then you kind of halfway through the next cycle, they like hey, what's up man? Hey, what, where'd you go, bro? You're like and you know you love, if you like them and you love them and stuff you like, help them out. You're like hey, do this, this is okay, got it, bro, thank you, I'm caught up. There you go, let's keep making this money, right. But what happened was is I really like I was just addicted to crypto? I had a very successful. I had a lot of blue collar businesses. I had a very successful landscape and a landscape and irrigation business. Over time that scale to a certain point like I'm living like 20, 25 guys working for me. I was doing, I was doing pretty good, but I was kind of suffering from a pretty bad back injury, a lower back injury, just all the dead lifts and kind of like some. I slipped at my job and stuff or my, my, my business and stuff and kind of hurt my back. So I was kind of like I was kind of on the way out, basically Like I was like dang, if I stay here for another 10 more years, I'm going to end up in a wheelchair. Basically, I keep doing this because I had to be on site with a lot of my job, with my crew and stuff and my, because I was like I was managing like two, three different sites at the same time. Like I was just going from place to place to place and then sometimes, like you know, you can't you can never send somebody to do something that you wouldn't do yourself, you know. So like that's kind of that's also how I got myself into a little pain as well. You know, like the guys didn't want to go up to the highest part of the hill, like went up there, finished a job, came down and slipped and just bashed my back really badly, basically so, but that entire time I was already addicted to crypto, like I had been since 2016, just like devouring crypto and stuff. So I'd been in crypto that entire time. But I had thought about since like late 2017 that I wanted to be like a YouTuber, a podcaster, something about crypto. But I was just really like kind of afraid, really Like I didn't want to like get on YouTube. Really so, as as like a middle step, I just decided because I had been in the office social media. So I said, hey, I'll just podcast, I'm going to throw my face out there, I can just throw my voice, and that's a cool way to do it. And that's how I kind of practiced and then eventually got a part of a show called discourse syndicate, which is a a hex show, basically about the hex crypto currency, and I was one of the first four YouTubers for the for the cryptocurrency, and I think it was maybe the third or the second largest like ROI coin of the last bull market. So it did very well with with the hex as well as a lot of other cryptocurrencies. But eventually I got to the point where I got pretty good on camera and then I decided like I want to do my own YouTube channel. But then I was kind of like I'm not going to hop on my own YouTube channel until at least I have a million dollar portfolio period. So I so I waited until he basically the middle about middle of 2020, I hit that million dollar portfolio mark on my portfolio and then I started to go on YouTube and that's kind of what I started my whole YouTube career.
Speaker 1:Now was that? Because, like a credit, a feeling of credibility, like you've sort of made it in the space and now you can kind of give back with with that credibility.
Speaker 2:Yeah, that's exactly it. Cause I didn't want to do that Like I mean, the epidemic is still even, cause we didn't have as many zoomers, like we didn't have the whole Tik Tok trend or a lot of the YouTube short stuff during 2020. And we still had, like a lot of these guys like you you could tell like super young dudes or like like you can tell these guys don't have money or no, or like you have older guys you could tell when people don't have money in crypto or don't really know what they're talking about. Cause if you've been in crypto for even a couple of years, you kind of know the vernacular a little bit than the lingo a little bit and you can tell someone's kind of lying or like is has way less than you think they do, right. So for me, it was just I didn't want to. I, I like, I didn't want to be a like a false profit, essentially, right. I didn't want to actually be able to like show that I, you know, I threw my own money, not from taking bribes, from fucking crypto coins, icos or anything like that, starting my own token, anything that I built up, my portfolio from just my dog cost, averaging from my business, put it into crypto, made, made multiples on it and was able to like recover my portfolio. Cause that that portfolio was like after I took a big L from 2017 and 2018, I kind of traded back and did it in certain investments. I traded the like when, having did really well with that, sold, sold the EOS coin multiple times as it pumped and dumped all the way down to like $5 forever and then went down to below that. I was able to bring back my 2017 all time highs back and then do a multiple on it during 20 early 2020 that I was able to get myself to a million dollars. And then at that point, I kind of felt like, oh, at least, like I'm not a charlatan, I've actually am doing crypto full time. Let me start a YouTube. And then that was before I even had a product or anything. Yeah, after I did that product. So basically, I, I, I YouTube from from a decent amount of time. I was like six, eight months and then I started a crypto course with my business partner, charlie from Coltavate Crypto and so far we have taught about almost 14,000 people. We've onboarded 14,000 people into crypto through our courses and it's, from my knowledge, it's the most successful crypto course in the world.
Speaker 1:Wow, Super impressive, Super impressive man, and good for you, for you know, coming out of your shell and getting, I feel like it would be a waste of talent and information if you didn't come in and join the realm of social media. Are you, when it comes to Twitter, like? Are you still? Is that like your main platform? Or like are you not threads guy? Or what's going on?
Speaker 2:Threads guy. Threads guy I use a little bit, but it's like threads is just not getting enough engagement, they're just. It's just not like Pete it's. I mean threads is a Twitter clone, but like I still have it, of course, cause, you never know, a couple of years he might actually put some real money into like really pushing it and then they actually can get big, but it's for money. On Instagram it hit big and then it just kind of chilled out for a while and then it started going massive months later, right, so I'm not calling threads completely dead, but we'll see. But yeah, mostly, mostly a Twitter and Instagram guy now, if I'm being honest. So I'm YouTube, twitter and Instagram. I'm mostly focusing on Instagram right now, but the easiest place to contact me is Twitter because it's just calmer right. I've done really well on Instagram. I mean, like I've grown my Instagram to almost like 40,000 followers in like less than six months.
Speaker 1:Wow.
Speaker 2:Just organic, organic traffic.
Speaker 1:Yeah, I'm seeing, like in the in the podcast realm, like it's a lot of the talking heads short videos. Is that a big? That's obviously a big part of your kind of Instagram presence.
Speaker 2:I mean, I'll give you guys the formula so like, basically on Instagram, you have to be releasing a story, slash real every single day. You want, you basically never want your story to ever turn off. That's so when you share a story, even if it just shares, because basically what happens for the mold, the? There's something going down in the back of algorithm where the multiple times that you put a post, a story and leave that story, there's sort of like a multiplier for every day you get a bit of a multiplier bonus. Once you, I notice, once you pass about 45 days without letting the story go, your content gets shared out at almost a double of what it normally does. So there's actually a multiple. You can go more viral. Basically it's showing Instagram that you're, you're super active. So they rather, because you're super active, you're, you're, you're showing the platform to be really active, so it basically wants to shoot you out there to make other people want to push out as much as you do and stuff like that's kind of what we were figuring out in the background as well. As you've got a hashtag, yours, your posts correctly and stuff, and then hopefully your content can go viral. Basically, I mean, I'll one thing that's gone very viral for me is talking about the Fed now system, fed now and the stimulus checks are happening. In the list that we were I just got done in my last week talking about how Fed now secretly launched in Chicago the other day, like we're actually have like a shadow launcher, fed now the payment system, and we're having a larger rollout in the next couple months. It's pretty insane. What's going on with that? I mean that's what's going to the there's going to once we have the next risk of what they counters a recession or a crash, because they changed the definition of a recession from it used to be 2000. It used to be two consecutive months of negative GDP growth would be a recession. Now it's. I mean, we're in, we're in clown world, like who knows what it is now it could be like a year of consecutive because the Biden administration didn't want to say during his watch that they were in recession, even though we've been in a recession since the middle of 22 technically pretty crazy stuff. So, depending on your niche, just depends on what you end up doing whether you're in food or crypto or anything. It's a lot, a lot of it just visual, but like I have an Instagram team to help me like, basically make sure, like, one big thing is like when you, when you're saying something, you should put words on your videos, so like subtitles, and you want the subtitles kind of in the middle of the frame, not at the bottom of the middle, because people like, a lot of times you're scrolling and they don't want to click. For some reason they don't want to click on the video. Maybe they're next to another or they just don't be loud, and a lot of people end up just reading the videos instead of what they're watching and reading, not listening, and then eventually like wow, that was hella cool, let me listen to it and they'll click, double click and listen to it. So it's basically a way to like, really like, add subtitles. It's one of the biggest things you can add.
Speaker 1:Yeah, so I'm using. Obviously you can see I'm using Riverside for my recordings now and they actually just implemented that feature where they're now taking AI and they make AI clips for you, like that, and they've just added the feature of adding text and then you can place the text on wherever the screen. What do you use?
Speaker 2:I mean, obviously, stream yard and stuff, but I'm using a lot more backgrounds. I'm using background software and stuff like Adobe, adobe and a bunch of other stuff. I just edit it and put it together, but usually we go through my. So basically what I do for my content is I do live. So it's almost like my Twitch streamer on YouTube. I didn't know that I was doing that, but that's effectively what I'm doing. Most crypto YouTubers are actually pre-recorders, so they record a video, edit it down Me I post it works and all. So I basically I'm like a Twitch streamer essentially, even though I didn't know that's what it was, but I go live on YouTube. I have a lot of AMAs where I just ran. I kind of like go over a topic, ramble on what's going on and then kind of conclusions, and then let let my, my watchers, my live stream watchers, kind of ask me questions about that, super, chat me and stuff like that. So from there I call that making grapes and then what I do is I make clips and shorts. That's making wine, effectively. So I basically because I drop a lot of I basically on YouTube and on. On YouTube I drop about three clips and three shorts a day and on Instagram it's usually one or two a day as well on that side. So, effectively, like I do, these are long, usually two hour long live streams and from there you can basically almost clip out almost twice as much as that. So that's why I'm able to kind of like see through the best parts of the stream and then post that on YouTube and Instagram and allows me to kind of go viral. I'm starting to implement some of this stuff actually on on Twitter as well, but I'm just experimenting with it right now. So far is the Instagram ones work, basically short attention span stuff. You have to have music or something like. There's all types of tips and tricks, but I'd say like, look at Instagram reels and those Instagram reels will work pretty decent on Twitter. The YouTube ones are the YouTube ones are a little different and stuff like they have to be done in a different manner but still works pretty well. The clips clips are pretty easy and you just find the most interesting parts of your stream and the poster at their boom seats. That's easy. It's the shorts, that's the. You know, the jujitsu, the, the judo. Basically you know, like we have to figure. You kind of really got to figure it out and spice it up, because people's short attention spans are getting shorter by the second.
Speaker 1:It's definitely come a long way since since we both started doing our podcast back back when man, it's a, it's a full time job now that's for sure. Yeah, eventually I just actually I had the video. I started doing video is. I got Roger Ver on my podcast. So I'm like, ok, well, yeah, so I better get Roger, I better go on video. So that's when I started video. And then, ok, gotta get you know, upgrade my equipment, get lights, all that kind of stuff. It's every, every day, just learning a little bit more. And now I'm kind of getting into what you're just talking about, the reels in shorts. But I don't do as long as podcast like you do that that long live stream, which is awesome and I love, I love the intro video you have for it. Oh yeah, it's intense. Man, that's sick. I'm like now I kind of want to rebrand and like make something like that where, where I got some intro video, that was super cool depending on your show.
Speaker 2:You probably want to go 30 second intro video at the most for like, depending on what kind of show you end up doing, if you have like a larger, like a live stream, like I do. Basically, the reason I have such a long intro is basically to allow people to file in while I'm going live, basically. So it all depends on what you can do and sometimes, like I am, I'm probably going to make a shorter 30. So when I do an interview, I'm going to end up doing a shorter intro and then you always add a disclaimer, of course. Right, you know a shorter intro video for, like when you have a guest on and then when you have like a solo live streamer and then you have a longer one to let people file in. Basically, because that's basically one thing I've learned is, like I'm always trying to look at where I can improve things and stuff. It's kind of just like that Japanese thing just slight improvements over time.
Speaker 1:You know, equal dramatic results you think the you predict the next bull market to see at least a six trillion dollar market cap in the crypto space. So I'm just wondering how you come to that figure and what does that look like for prices for our blue chips like Bitcoin and Ethereum.
Speaker 2:So okay, so we have to look back in the past now. Obviously, pass doesn't indicate the future, but it is a little bit of like it's something to look at. There's this whole thing that we said the passes indicate the future performance, right, I guess a little bit, but not really like, like that's just to cover everyone's asses a little bit. Let's just be honest, right, but you're right, like we could get something like it's both. It's both a like. This is what people do is either people are either strictly TA or they're strictly FA. Most people are TA. If I, if I'm being honest, I've met most crypto people here Most people are just TA guys. I'm an FA guy but I respect TA. So when you fuse these two together this is kind of what we do with the crypto mindset courses is we took the logical and the emotional side, which is like motionals, fa. Logical is TA. And if you look at what's what happened in 2017, we topped out at $640 billion market cap, total market cap of crypto in 2020. In 2021, we topped out at $3.4 trillion, was a tippy top of the bull market in 2021. So obviously, if you look, if you look at that, it's higher, high, right. So we've done a multiple on that. So if we kind of, if we kind of look at these two, these kind of two figures that we know, we're looking at an 8x to a 9x in terms of multiples of what we did from 17 to 21. But if you but what we think is going on is we're crypto is going to suffer possibly from what I like to call law big numbers, where, as the market cap gets larger and larger, it takes more, it takes more economic mass to move that number and it winds up happening is that you dampen volatility down, so you end up getting much, you much lower multiples on it. But it's still quite significant because if you hold altcoins or some of the mate, some, you take a couple bets on some, some some decent plays, you can really do 100xs, 30xs, 40xs, right. But if you look at 2017, bitcoin, right, 2017 Bitcoin was $20,000. 2021, bitcoin hit $69,000. Right? So we're talking about a three, three and a half X, maybe, at most maybe three X on the price from 2017 to 2021 in terms of Bitcoin price. So if we were to say that, okay, then we did a three X. Let's just say it only did half as good. Let's just say you only did a one point five X, that would. That would put Bitcoin at somewhere around $103,000. So if we're looking at that, that would put a summer between the five to $6 trillion market cap, if you were just to equate everything that way. So, kind of the minimum we're looking at the bear, the bear minimum we're looking for this cycle is a $5 trillion market cap to a $6 trillion market cap. That's if we have kind of like the lackluster bull market, which is still going to be fantastical If you have, if you're in like a lot of the main coins, arbitrum arbitrum, op hacks, gmx, maybe AVACs, ethereum and stuff like that, like you're in some of these major ones, even Solana, believe it or not, I can't believe Solana is coming back, but it's coming back. I'm shaking my head. Some of the audio listeners can't see me. I'm like shaking my head, closing my eyes, but it's coming back because people they've kicked out a lot of the SPF guys out and they're they kind of started a lot of more homebrew projects and people are really excited about it. So I'm so that's one place I'm actively kind of researching into right now to look at like what are the gems on that ecosystem? I mean it's, it's I'm having like I'm loss of breath, saying that out loud. It's it's hard for me to, but like that's crypto for you, right? But people make this misconception when I talk about this, that I have my entire portfolio in these coins. That's ridiculous. No, I still majority have a very large position in Ethereum and I have a much smaller position in Bitcoin, but it's because I just believe Ethereum is going to outperform Bitcoin this cycle. But, regardless or not, bitcoin and Ethereum more or less move in tandem with each other pretty well. I mean, usually it's Bitcoin that leads and then Ethereum catches up to it and then slightly over forms and then comes back down. So there's, that's basically what happens. But if we were looking at basically the kind of the low end of where I think Bitcoin will hit this cycle is basically like 103 to 105 thousand dollars. On the lower end to where we're in a medium term we're talking about probably like 155 thousand dollar, bitcoin is probably like if we have a decent, like a decent normal bull market, that's probably where we're topping right there, like 155 thousand dollar Bitcoin. On Ethereum, it's a little different if we, if we get a real like kind of limp dick bull market. There has been some fundamental changes to Ethereum. Obviously, we have Ethereum 2.0, we've had you know I what's with EIP 1559, we've had all these buying burns and we've had all these basically burn features added to Ethereum. We've had the upgrade to 2.0, we're like staking and everything like that, and we're going from proof of work to proof of stake for Ethereum. This is sort of increased the pumpamentals of Ethereum. So we're looking for at least a four and a half X on. Ethereum is all time high. So if we look at what Ethereum did in 2017, it went to $1400, from 50 cents to $1400. And it bottomed out at $80 in 2019. Bought the low.
Speaker 1:I was buying, I was buying.
Speaker 2:Yeah, heck, yeah, man. So hey bought the lows in 2019. It dropped to $80. From $80 it went up to, depending on exchanges, it went to $4800 to $5100. Not bad. And then it dropped down recently to about $800 to $700. Also bought that too. Shout out to the boys Bought the Bitcoin low too. Man Shit, I also tell you this guys, if you've been around a while, it's not. It's actually really easy to buy bottoms. It's not, it's not, it's it's. The hard part is actually the tops, if I'm being honest, like because there's a lot more, there's a lot more, there's a lot more, there's less bull tarts essentially in the markets crashing down. So you have a lot more logical people at the bottom. I mean it's, it's irrationally illogical, so like, but because there's less players and everything's crashing down, you can kind of look at the math and like you're down certain percentages and stuff. So you're able to kind of guesstimate much more accurately at the bottom of a crypto asset than you are an actual top of the crypto asset, depending on exuberance exuberance, right. So effectively it dropped down to about let's just call it $800, $800 more or less for Ethereum at the bottom, just given the last round number, some exchanges sold 700 and stuff you bought on chain. So my guys bought at $700, but, like, personally I only bought at 800. That's where I bought, but just to be a full disclosure there, so I bought at 800 and then from there we're looking at the lowest end of theorems going to hit the cycle is basically $8,000. So it's about a two X from the last like. So that's, that's just because the fundamental changes. So if you look at what I just said earlier, the worst case scenario I have for Bitcoin this cycle is about $105,000. That's a 1.5 X from the last all-time high. And if I take, if I take the same thing and transport it over to Ethereum, I'm basically saying the worst case scenario is a two X, and that 0.5 X extra against Bitcoin is mostly because of the upgrades that's happened. Fundamentally, you've had a few. If you look at I don't know if I could show you the audio, I can't show you the website, probably but but if you look at it, if you look at stuff like ETHBURNcom or a couple of other websites in order to look at the price of Ethereum, right of what's happened from Prufowork to Prufostake, it's become slightly deflationary. I mean, it's barely deflationary, but basically it's not. The price is not growing. But here's the important part is that the inflation that is being created is being given to stakers, which are people who care enough to hold the asset and stake it and not sell it as an incentive. Basically, what staking effectively is is a promise not to sell. That's what it is and most people, I don't think really understand that. They're like, oh yeah, put my asset here and I'll get a dividend, right, that's all they think about. But it really what's going on is you're getting incentivized to you know, 32 Ethereum staker, staker Ethereum or use Lido, or I mean I wouldn't recommend for anyone that doesn't have at least. I mean this is like this is going to be haram for some people to hear this, but, like, this is the truth. Most of you guys, if you do not have over 100 Ethereum, you should not be staking Ethereum to any capacity. To any capacity, and I mean it because there's a lot of small guys are like, if you actually look at what's, this is the travesty of kind of what's going on between the Bitcoin Ethereum battle here is that Ethereum is much more centralized than Bitcoin. This is this is a fact because, if you look at it right, most Ethereum is being staked on exchanges and the single largest player that's staked out right now is something called Lido. So it's centralized. It's an entity. Basically, you deposit your Ethereum and then they give you something called st eth and then this allows you to it allows a theorem to show up in a wallet over time, basically from yield. But that's what's going on. And but let me tell you the yield. Depending on where we are in the cycle, it's usually like four to 6% yield on Ethereum. So if you're a small guy with one Ethereum right, we're talking about two, let's call it $2,000. Four percent. After staking your theorem for the whole year, you get 4% extra ETH. You'd be better off just taking half the Ethereum, putting it into like two coins and then you'd get a mold and then you probably get a multiple or off. Perform Ethereum, or try to at least, and that would equal up more gains. If you're trying to do that route, basically, or just keep the Ethereum, so for the for the most, for most people, unless you have a significantly larger percentage of Ethereum, I would recommend you just keep your theorem in your private wallet. So either a treasure I don't like ledger treasure or you hold it in a metamask and just securely put. You know, have it secured and stuff your private keys and have it away, don't have it analog. Write your words in the physical word with a pen, with a black pen. Make two, three, multiple copies and spread them across the world somehow where it would, in safe houses that you find that you find personally safe. Where they would be safe, obviously, you know, hopefully in a firebox or something like that, you know, to keep them safe or then cast them in metal. Eventually there's like kits you can buy that you can put your private keys in metal and stuff. So, even if your house burns down, your keys are safe. Shame, smart little loser. But but besides that, right, and then you can go multi-sig. But this is when you get crazy. You know, this is the multi-sig stuff and all that stuff. That's when you really start getting a ton of money, Like once you have like millions and millions and millions of dollars. Then you start looking like, okay, I have a and millions of dollars in stables, slash a theory in Bitcoin, versus like having millions and shitcoins because the they can drop down so significantly that you had millions at the top of the bull market and not anymore. I'm talking about if you have millions in a bear market now, okay, this is where you secure. You have to secure the family jewels, right, and you can make certain things like that. But there's pros and cons to multi-sig as well, because you are trusting another party like Vitalik, right? I mean, vitalik can't access his money unless he allows it unless he calls his mom and him and his mom together have to unlock his keys Right His coins but that's a safeguard feature right there and stuff. So like there's a lot of that stuff. Like when it comes down to like what happens if you die, like how does stuff get transferred? It's a tough thing and stuff. So this is still being solved. Today Some people use GenosisSafe and stuff like that when it comes to like storage and shit. But it's still janky, if I'm being honest.
Speaker 1:Like yeah, yeah, no. Just to just on that point of you know, cold storage and keeping your keys multi-sig, you know versus having your keys yourself, you know what that does very seem like. One of the big hurdles in crypto right now is, you know, what do you do in this scenario? Is there not a plausible, you know, dead man switch, as they call it, where, like a wallet, could you know if you don't touch something for for X amount of time it gets sent to another address, or something like that? Or would that be centralized?
Speaker 2:That'd be more of a centralized contract. You can do it now like there is shout to Maddie and stuff, but there's a buddy of mine that's made some product, but it's for the hex community where, like, after a certain amount of time, the keys could be transferred over. There is some stuff like that, but we're still sort of early right now. I mean, it's all possible. You could do it through smart contracts on Ethereum, but you would, I mean, you'd have to like almost have like a coded message that you would tell your family beforehand that hey, I'm going to say this is what this is Like. You give them a lexicon and then you give the keys to the lawyer and then so when you're will in your will, it'd be like oh, here's those phrases, and then your family has the other key and then they'd be able to get your actual. See, if that's the only safe way I could think about it While still using the analog, would be like you know ABCDEFG, if they just gave this like these different letters, and then your family has the actual code at the end and then they look at it and it's like oh, g means, g means elephant. Oh, okay, okay. And then from there they piece together your entire seed phrase and then they unlocked your cryptos. Basically, that's that's the way I could think, because you couldn't trust a lawyer with, like your key, because you, for like, a lawyer, maybe today doesn't know what this is, but then they look through the paper and then take a picture of it and then they jack all your crypto eventually, because by the time I would imagine, by the time you die, right, I mean it's probably like worst case, 10, 12 years from now, 15 years, 20 years from now everyone, everyone will pretty much at least know a little bit of crypto by then. So that's kind of what I'm sort of thinking. So that's one way to do it where you could, you could give, like you can split the key, sort of a way where, like, you give a big list, your family can access the coins, but they have all the word lists, and then you give the actual, like actual keys to the lawyer who keeps it away and stuff, and then when you pass away, they give us your family and your family can distribute, like how they care on your wishes, right, that's kind of a way to do it and stuff. But I mean you see how complex that is already.
Speaker 1:It's like yeah, yeah, I mean, at the end of the day, if I had, you know that, millions in the bear market scenario, then I'm going to be probably, you know some, some in multi-sig, some in just just me. You know it's going to be, it's going to be all over with maybe some, some centralized, which I'm not right now, but you know, maybe Now last last cycle, or sorry, last time we were on the show, you were talking to me and giving me tips. You know you were telling me about Hex, but you're also telling me about other other altcoins Polkadot, Ocean, orca. Are these still things that you're interested or are these kind of profits?
Speaker 2:It took profits on almost all of them, except it took profits on Hex as well, but out of all the coins I've told you about, probably the Hex is probably the one that's that's recovered back and it's like we bought the like there's still hope for it. Orca it was a great play at the time. It did okay, but basically I started seeing it stalling out and I just cut. I like it didn't lose any money, it was just more or less I just it just lost steam in the bull market Because what happened was Ethereum gas fees. Ethereum gas fees really hurt everything, that's. I mean you remember, you remember like doing, like being on a Uniswap for a penny swap, penny transact, like nothing. It costs nothing to use Uniswap. Now I mean it's still not that expensive right now, but we know that it can go to like hundreds of dollars when it peaked, during peak times and things go crazy on Ethereum. So a lot of these coins I divested from Polkadot. I still have Kusama. Personally, I did very well with Kusama. We bought it cheap. It went up very high, made some good money on Kusama, but I've re-bought back in and I'm just staking it on the fearless wallet. That's what I'm doing with Kusama, but right now I'm waiting for the whole ecosystem to kind of come back. So that's a longer term play, because I think Kusama Layer Zeros might still have a shot. There is something like Chainlink right now with CCIP which is basically. Since Chainlink is controlling, it's basically the most. It has a monopoly on all oracles and stuff. What they're trying to do is basically allow you to use their network and swap everywhere. Basically, they're basically trying to become the Layer Zeros and everything effectively. So they might pull it off. So I'm going to be adding Chainlink. I don't have it in my portfolio right now, but I'm going to be adding it as a small position and if I start seeing developments in that case I'll add more. But that's one play. But I think the other two main Layer Zeros are Polkadot and Cosmos. But Kusama is a part of the Polkadot ecosystem essentially. But these Layer Zeros are all between now and next cycle. They have to prove themselves basically and I really believe it's really this cycle. If people find out, I'll absorb bullshit and then you can work basically. So that's kind of the whole gist of it. The reason Polkadot got so much hype is because Gavin Woods, the guy who wrote Solidity, so he wrote all the coding language you see, for Ethereum and stuff, it was written by the founder of Polkadot. This is why people are like all right, I got to give this a shot, because this guy literally does know how to write code and does know how to do stuff on Chainlink. So that's kind of what's going on there. With Hex, obviously, during this bear market I bought the low on Hex at 1.9 cents 1.6 cents depending on where you bought but so if you bought below 2 cents, you did good. It pumped up to 12 cents. Then it had its token split, it had the launch of Pulse Chain, which is its own L1. And effectively right now we're running the network. Right now the network's been live since May 12. And we've been running for like two months now. It did basically a three times multiple in terms of the Pulse Chain and Pulsex Coins and now we're experiencing its first little bear market in terms of its down right now, like Pulse Chain's down maybe like 66% and from its all time high, and Pulsex is down about, I would say, 80% from all time high. So that's kind of what's going on. We're probably going to get one more pump this year and stuff before we crash back down and stuff like that, but this is probably like the. This is what I'm saying is that Hex was just a staking protocol and now it's evolved to have an entire ecosystem to help support it because of Ethereum, gashvist and stuff. So, if people have done, if you had bought some Hex back then when I told you, man, oh my God, you'd be up crazy bro.
Speaker 1:I know, I know, man, yeah, there was a lot of things you told me that I didn't act on. At the time. I was just like whoa, whoa, I also. I also I did lose some too in that. First because I got in mid sorry, yeah, in the third quarter of 2017. So I kind of I rid it up from like 4,000 to 20,000, almost 20,000 there, and then it started diversifying into shit that went to zero. So I kind of lost some there and started dollar cost averaging over that next bear market. Like I said, buying the bottoms, bought the E-flow there 80 and Bitcoin whatever, like 3,800 or something. I think I got it in that. But yeah, man, a lot's happened. A lot's obviously changed. Was there anything this past market that kind of shocked you, that kind of that's one of the things that went down? Or, like the FTO, did you kind of predict? Like the FTX, is the Celsius the butterflies?
Speaker 2:Yeah, I mean, I was, I was pretty, I mean. So I'm not shocked by any of it. I'm just, I'm just shocked at, like, how fast it went down versus like I thought it was gonna be a little more drawn out. Personally, right, like Luna, I saw from a mile away like, oh my God, I like, but was, did I not put money into it? Of course I did. I bought the token, I did. I never staked it. Like, you guys have to be careful. This is the and I teach this to my students all the time and I tell people like, and people don't believe this. Like you know, people are picking up pennies in front of a freight train, right, there's all that. There's that thing, right.
Speaker 1:I love that thing.
Speaker 2:Yeah, it's a great change. But with Luna we could tell it was on a death spiral. It was going to crap out. But to me what was crazy was we had all the people didn't understand you're making a solid 20% on stables Now at the time. There's all these other ways to yield and make money, but it's mostly off of inflation and people buying up the hype which is supporting the price, which then allows some guys to be able to take advantage of yield farming before exiting. But with this one they were off of Treasury and they were making tons of money and they were selling some Luna here and there and they were able to buy Bitcoin and stuff. But we knew that it's some I thought I knew was going to unravel, but I thought it was going to take almost like you know how it basically went down in about a month. I thought it was going to take something like four months, five months to go down. I thought it was going to be a little more drawn out. No, it was just straight epic collapse. But I bought it. I think Charlie bought it at seven. I bought it at 14. We wrote it up to 100. I sold and from there we just told all our students get the hell out of it and stuff. And almost everyone I mean almost everyone listened. Obviously, there's some people that are like no bro, I'm a lunatic, I'm a terrorist, you know. Ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha, ha ha. Oh my god, right Gold, right Gold. And then, no, this is a crazy thing, right? So we made a lot of money off of these centralized entity coins, stuff like Celsius. Celsius was one that was really big into in terms of as a coin not a product, but a coin. I felt like it was going to go up, so I was buying it at $0.09. And I wrote it up to $5 to $8. And I raged there and I sold all my coins in November of 2021. Basically, 2021 was kind of a crapshoot for the coin. It did incredible. It merely made me a ton of money in 2020 or early 2021. And then the next six months it did nothing Like. It basically just pumped to $8. And then that's as high as it went by our calculations, if like. Basically, we figured out what would happen in the background. We had Alex Moshinsky selling coins and other people selling, like we had insiders who were essentially just dumping their coins. They said they're not going to sell it. They were, obviously this is why he got arrested in their day Crazy right, and let me tell you this, one of the reasons I even invested in it. So one of the things I teach is something called the box right, l7 loser. Right, like I have a little I usually have a little Pepe clock right here, but I have a little loser sign on it but the L7 loser, which is like I look for these four points, right, who's a leader? Slash team, right. One thing I look OK, if they don't have a charismatic leader, what type of team is there? Right, like, what's the experience of the team? What do they do as their first project? You know a lot of other intrinsical things I see there, right, but the most important X factor that comes to a coin is who's the leader? You want to look for a charismatic leader, like. There's this whole thing of like that leaders and all these things don't matter. People forget that at the end of the day, we're humans. We're bonobo, chimpanzee, gorilla, apes. Right, we're dumb, we're like people who try to run away from that shit, that we're like this holier than thou dudes. That we're not, that we don't fall into primal needs and stuff. Like people, at the end of the day, they want a CEO, they want a leader of a company. They want people want to be not just followers, but they want to at least know, like you don't have to be a follower to invest into something, there's another leader for right. But they want to know that someone at night is holding onto the shit, that someone's holding their hand on the wheel at night and people will pay up the ass for that. Basically, right, because they see that direction right. This is why, outside of Bitcoin, essentially, like, you have figureheads of every other major cryptocurrency. I mean Gavin Woods, polkadot, I mean Charles Hobson, stephen Cardano. You have Vitalik, buterin, ethereum. If these guys didn't have these main coins, I mean these coins would be zeroed out a long time ago. Right, like Cardano should have died a long time ago. But Charles Hobson was streaming every fucking week. Even though he's boring sometimes, or sometimes super exciting, he does go to the Gobi Desert drinking fucking fermented venom liquor or fermented fucking camel in the horse milk vodka. Basically, it's crazy, like he does really cool, interesting stuff. The thing is because we have to rank these leaders as remember, we're turbo dorks. We're dorks At the end of the day. You can be a Chad dork, but you're still a dork, right? So a lot of people. You can't grade people like you do in equities markets versus private corporations, versus the head of this and this and this. Right, you have to grade everyone on a curve depending on what their industry is. And we're in the tech sector and on top of that, we're in the crypto sector, so we skew cyberpunk weirdos, basically sort of dorks. So if you're a cool dork, this is pretty powerful for your coin. The leader is a huge marketing tool and a huge driver of token valuation that can shoot up because people can fall for the trance and the culture, personality and people can lie and say whatever they want to say. That's not true, that's not how it should do, but that's probably one of the mind. If I can give you one advice, that's probably the most powerful thing is look for charismatic leaders and you will do very well. Just make sure to take profits. That's the one thing. Take profits on your profit.
Speaker 1:For sure. So really you're consolidating pretty midway through the bull market, then, like you're consolidating back into either stables or Bitcoin or Ethereum.
Speaker 2:Yeah, mostly, I would say, a little bit of a theorem. When I did last cycle, I kept rolling it into more alts, of course, but it worked out for me. It worked out for me because I was able to catch where the charismatic leaders, where is the action going, and I was checking a lot of on-chain data where money was transferring to. So I transferred a lot of the gains I made from that into phantom and did very well, like extremely well, in phantom and a couple other yield farm places, and then I took profits then, basically, but into cash, not Ethereum. But that's the first point. So charismatic leaders, slash team. The most important one community. If a coin has a community, it doesn't matter if it does nothing. If it has a lot of people believe, because all money is belief. Like there's this thing I say all the time Everything's a Ponzi, everything's a Ponzi, your life's a Ponzi. You will not live forever. The largest undergrowth thing in the entire planet, when it comes like the underpinning Ponzi at the bottom, where they're holding the entire thing up, is the population Ponzi. If your country has more babies than they do old people, your economy is going to do good overall. Doesn't matter what you do. Obviously outside of you become retarded communists. But besides I mean really dumb like capitalist communists, communist communists, really stupid people, because with a proven that doesn't work at all, even though it's night, morally it is kind of youth. I understand there's an old quote and stuff. Basically, if you're young, if you're young and not a communist or a lefty, you don't have a heart. But if you're old and you're not a Republican, you're a fucking dummy with no brain. It's that jazz there. Right Like you can be communistic with your family, but the more macro, the more largely you look out. You cannot do that. You have to post rules because you can't be sort of communistic. You have to be more of like, not laissez faire, but have to be more like libertarian when it comes to a village, but as it grows into a city you have to be more republic, and then it just gets bigger and bigger essentially from there. So you have to put these rules and things in place because you can't account for all the variables of people's how they act and what type of personalities they have, and so because you will get psychopaths and psychos or very net neutral evo people that will take profits and do morally wrong but it's still morally right to them because of financial gain, right, but it's bad for society. There's a lot of that. So these are the protections you have to put in place Versus if it's you and your buddies. Yeah, bro, here, take half my sandwich. Oh, here, bro, I got you. Bro, dude, I got you for the show. Thanks, bro, that's fine, but at a huge level you cannot do that. That's why it doesn't work. That's why you need capitalism. So there's that. So if you have a very large community, just to say the population Ponzi thing one more time with the population Ponzi, if most countries around the planet are actually at net negative, america's at neutral. We're slightly above. The millennial population is 5% bigger than the boomers. So we're replacing them. We're evenly replacing the boomers and we're in some trouble as well because we're the most developed nation with the highest growth rate in terms of population growth rate. That's bad, because we're barely at breakeven or below breakeven now technically. Most other countries in Western Europe, china, everywhere I mean it's basically civilization collapse down here, like pretty bad. I mean Japan's the leading person of that. That's why they've led into automation, but because they're kind of the first in, they're probably going to be the one that's got free out of it because they're first in. That's kind of what's going on around the world. So one of the biggest things that a country could do to turn around their economy. And then globalists and a lot of people are against this because population control or like there's not enough resources around the planet for so many humans. That's a lie, basically Because the more people you have, you'll have some geniuses that'll create cool things. As long as you have a capitalist society, you will create things that will benefit all humanity and then we'll keep advancing ourselves forward. That's kind of the power of it. Imagine if you've done a lot of great things in your life. Imagine if your mom decided not to have you. I mean, that's imagined the net negative on the planet, like there's a lot of that stuff going on. So this is and that's kind of what's going on there with the population stuff.
Speaker 1:So if so, Is that a net negative for the population, or would that be just a net negative for me? Like do we?
Speaker 2:It's large for you, but it's not a net negative because, I mean, can I ask, did you have a large family? Did you grow up with a large family?
Speaker 1:Like my immediate family. Know I only have one sister, but my mom's a family nine Right, so like extended really funny joke.
Speaker 2:Shout the casually explained. He has his joke. Or like your grandparents had nine kids, your parents had two kids and then you're gonna stop it all together.
Speaker 1:A lot of millennials, man, a lot of people, a lot of people are age. I don't don't want to have kids, but I don't know. I saw Elon Musk said recently that you'll 100% be happier if you, if you have kids, you will be. Yeah, it's ingrained into us to be happier, and I don't know to not to say that you can't be happy one way or another, but I don't know, though, that whole thing, oh, I don't believe that like.
Speaker 2:I don't believe that, don't like people can lie to themselves for a long time, but what'll happen is at the tail end. You can look it up for, for for a lot of old men and and a lot of old women, they regret not having family Without fail, even the most great. If you can look this up, look at the most Craziest, diehard feminists in the planet. No man will take control of me. You know that I'm not against feminism or nothing like that, but like as an example, like but the most diehard feminist, I'm not having a family, I'm gonna be a working woman, I'm gonna do all this and this at the end of their lives they regret not. One of the biggest regrets is never having family, and this is intrinsically because on a life path, your life path leads. So I'm a woman and I'm gonna have some kids. As a male, I want to get a wife or, you know, a couple women, whatever. It depends on your lifestyle. No, it's fine. I mean like it's all depends, right, it's? You know DIY, you know you got build, build your own life, but still you want to have, because the what we've created, in a way as well, is like we can't have eternal life. So what we do to immortalize ourselves is to pass on our genes. That's what's going on, right? So when your parents had two kids, effectively they replaced themselves. They were play like you're, you and your sister replace your mom and your dad, so like. But the economy, right. If the average limit is, if the average person couple had three kids, one's replaced the mom, one place the dad one. For the economy, the economy would be Exploding right now. This is what the baby boom did so well, like after World War two. The reason that's the biggest generation right, is because people saw the, the horrors of war got back the economy. They've essentially destroyed all the, all the competitions, factories around the planet. Effectively, you know, because this is like, this is a kind of like, if you look at it. There's some little stuff, for the US military was actually intentionally bombing, or you know, they're passionate from places and they destroy a couple buildings. Why not? Because those buildings may be factories in the future and Effectively cripple all competition around the planet. And then the United States has no competition. And then, on top of that, the features looking great. We won the war. I saw a lot of bad stuff in war. Let's have a big family, and this happened then. This isn't just a US occurrence, it's happened across the planet. The whole planet had a baby boom this is what it's called the baby boomers and the average family was having like three to five kids. Three to five kids and this this led to the largest economic growth and the largest lifting people out of poverty in the world history. Like it Lifted a lot of people out of poverty and then from there, through this, you we had, you know, the lifting of China as well, which is another big boon to like lifting people out of poverty in India as well and stuff, so that there's there's a lot of that, so that, because I what one of my passions before, like I've always been into demography, this is a big thing for me, right? It's like I like to study people, but I like to study kind of the statistics of birth rate and what happens with this and this birth or birth order as well, but like these are some of the things when I look into a coin that I like I study humans, so like that's kind of what. I look at that angle, because I'm looking from the emotional side. Which is what? Which is why, like, I think, I do so well in bull markets, because people get irrational. But if you know, people get irrational so you're able to profit from it. Basically, but, um, yeah, so go ahead.
Speaker 1:Sorry. So what's the birth rate of hexikins then?
Speaker 2:pretty high, have some of the higher birth rate. I would say how, compared to, like most, most crypto communities aren't really having kids at all. We push, we actually do put. That isn't like some religious crap like that. We just like like it's so cool to have hex, like have crypto babies, like everyone's, like there's a lot of people. It's kind of funny, like we probably at least know like almost 20, 30 kids have been born from that community Not that we anyone knows and should be there already made or something like that. But you know people are having kids and it's nice, it's a nice thing. You know we, we support it and stuff. We're not like a anti-baby, you know community.
Speaker 1:Are you into? Are you into, like, longevity, have you? Have you looked into Ray Kurz? They say. They say no, but they say you know we could have immortality by the year like 20, 2045 or something like that.
Speaker 2:Hey, I mean, I'll have. Yeah, you better have the money to get it first. That's all I'm telling you, man. That's like this. Another reason try to get as rich as you can and try to make money. And why I'm so passionate about crypto, it's because I mean that, that that all that early tech might save your life, but you have to get it while you're still young and stuff, because I'm pretty sure the Like oh, depending if it's just like versus the agent we figured out the aging process and we just get young again, but you still could die from an accident basis right Right so yeah, because basically, what, like I've had dreams about that, like I've thought about, I've really have thought about that, that sort of thing. Imagine this that you, you give the pill, right as an example, just a metaphor. Metaphor Right, you give the pills your parents and then your parents become 21 again, 20 again. Like that's pretty cool and also scared at the same time, because then it becomes.
Speaker 1:That's got to be way down the road. I don't think we're gonna get there.
Speaker 2:But that's what I'm trying to tell you is like people with money are gonna get it first.
Speaker 1:Right right.
Speaker 2:So, if you want the best technologies to save your life now, because it could be a point where, like you might not get, by the time you get it, you might be not a little too late Basically, or like because, like, we're in 2030. I mean, we're talking about 20 extra years, right. So we're like yeah we'll be in our prime of 50s.
Speaker 1:So yeah, our bags will probably multiply a few times by then. I.
Speaker 2:Mean we'll be in the boomer, will be in the boomer position, will control the economy. I mean we we're already pretty close to control because the boomers are, I mean, like 10,000 baby boomers we're retiring every single day.
Speaker 1:Yeah.
Speaker 2:Yeah that's.
Speaker 1:That's. That's an alarming fact. Yeah, you're right man. You're right man. Canada, we're I mean, we probably taken probably one of the most amount of immigrants who are. We're not having enough babies here. We need the workers. We have like a huge, huge labor shortage up here. It's crazy what's happening all around the world. Speaking of the world, are you, have you read much about world coin?
Speaker 2:Yeah, I mean, of course. I mean yeah, I mean like retina scans and shit like dude, what are your thoughts around world coin? obviously it's linked to an MLM Ponzi but basically it seems what people are hyped about it is that what it seems like to me is like what they're whether getting people to sort of sign and do their eye scan thing is basically they have some Contract with Fed now where when people do get distribution checks, that some of the distribution check money will go directly to buy the the world coin or something like. That's kind of the big hope for it Basically, and that is crazy. They do have that contact but then it's still attached to an MLM. This is good. Like this is basically to me it's cooking. Like this is probably going to be big connect slash like Luna, like Of this cycle, something like that. I hope not, but like I mean there's an MLM attached to it with like the Fed now system and like X man, like never sign already right, I mean like I mean a lot of people who travel a lot, they have like clear, they have clear and stuff. So you do retina scans anyway. Like don't trust the government but at the end of the day, like at least the government from there and versus like you're giving it to some shady fucking MLM company and you know like this is a terrible idea.
Speaker 1:Okay, so so you're not buying.
Speaker 2:No, I mean shit. If you get cheap enough, I'll take a shot at, I'll take a small, I'll take a lot, but some shit, six of their aim into it, why not? Like I mean, this is anything I do with Pepe. Like I bought the Pepe coin, I put, I put six of their image of Pepe. I made like over six figures. Yeah, yeah, dude, I'm in the gutters, bro, I'm in the trenches side.
Speaker 1:Holy shit, man, I know man, I gotta, I gotta, I gotta get on those live streams every week. You do, you still doing the three, right? Yeah, I do three, three on my next one?
Speaker 2:Well, I guess be tomorrow.
Speaker 1:Well, I think, one.
Speaker 2:Yeah, we tomorrow at 1 pm Pacific Sattertime, Saturdays. So I stream 8 pm Tuesday, thursday. Usually it's a guest, an AMA, and then another guest or an AMA, so something like that. But usually these AMAs have like a starting topic and then once I'm done with the topic, then I go open to questions and then I go on for like maybe like an hour and a half, two hours from there.
Speaker 1:Yeah, man, yeah, for sure it's. It's an awesome show. I'm gonna open it up for you, man. We're at the exactly at the hour mark right now. So if there's anything pressing that you think we didn't, we didn't touch upon that you want to, or maybe you know words of wisdom? If not, man, just let us know where we can follow you.
Speaker 2:Yeah for sure. So I guess I'll say if you hesitate, you masturbate, right? You know this is a really good little creed and stuff. I learned it when I was a and like. One thing I'd recommend to you guys I truly, truly do is, like look into the red pill. This is looking to roll to mossy's work. Roll to mossy on Twitter, on on YouTube, he has a great series on like If you don't learn the sexual dynamics of you know the sexual dynamics between men and women, you're gonna get taken advantage of in life. So take the red pill, learn about it. You don't have to be a cool, angry guy or you don't have to use it for dating or anything, but just so you know, so you don't get taken advantage. You don't people take an advantage of you for that. But besides that like, as like a money thing I would tell people is like the, the, the riches are in the niches. So if you're, if you ever want to get into YouTube, especially the crypto YouTube space, it is best to start off with the crypto coin being specific and then from there, once you have like a mastery and people following you because they believe in what you're saying, because you know that coin so well, then you can branch out into into more of a general list If you like, as a way to like pivot away if you don't like the coin anymore. But that's because people always try to do YouTube channels and they try to be very broad and that's how they fail kind of, basically because, like they'll, they're like a fart in the wind. No one will listen. You can really be a. You could be like a coin, like as an example. Right, you like you, you like Solana, but then you become the guy of the of the second biggest DAP on the app. But but you're like the guy for that, so people tune into you there and then you can go a little broader into Solana and then you can eventually go into regular you because you have this mastery here. People are like I'll listen to you about other crypto stuff now and that's a way to live, that's a hack right there you can use to grow yourself right.
Speaker 1:But you got to be like. You got to be one of the main influencers of hex these days, are you?
Speaker 2:I'm one of them, but it's it's grown big because there's not pulse chain and pulse X and stuff. But I'm like, yeah, I mean I I'm one of the main influencers there, but like I'm not the only one and stuff I like I talked about a lot of other cryptos and stuff I have, but I'm one of the, I'm one of the OG's of the space there.
Speaker 1:Yeah, yeah, you were. You were one of the OG's when I was talking to you in 2020, so it's been a few years, man. So where can let us know where we can follow you and learn more?
Speaker 2:Yeah, just follow me at dog cost crypto on YouTube, twitter or Instagram. I'm verified everywhere, so that's best place to follow me, man. I, yeah. Thank you, man, so much for the. It's been a great time and I'm glad we found each other again.
Speaker 1:Yeah, man, sue is awesome to read Kindle. Man, thanks for doing the show not a problem.
Speaker 2:Yeah, great day.
Speaker 1:Hey you thanks for listening to the having report podcast. If you want to support, follow us on your favorite podcast platform and leave us a five-star rating. Follow us on our socials at having report. If you're Canadian and you want to buy a bitcoin or cryptocurrency For the first time, go to bit by dot ca forward slash having for a $20 bonus if you want to bring it to the next level and take self custody of your Cryptocurrencies. If you want $30 off the ultimate digital asset security device, bit by. Go to having report comm forward slash bit by for more Information. Until next time, I'm Brad Bynes.