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What Cuban, Gary Vee, O’Leary, Belfort, and Schiff Think of CRYPTOCURRENCIES


my big thing with the blockchain is it

my big thing with the blockchain is it can it can literally overthrow America

can it can literally overthrow America

can it can literally overthrow America in China and Russia it’s that powerful

in China and Russia it’s that powerful

in China and Russia it’s that powerful there is people right now who are using

there is people right now who are using

there is people right now who are using the success of Bitcoin to create these

the success of Bitcoin to create these

the success of Bitcoin to create these massive pump and dumps with other crypto

massive pump and dumps with other crypto

massive pump and dumps with other crypto currencies so I think it’s a huge danger

currencies so I think it’s a huge danger

currencies so I think it’s a huge danger right now what laughing to me is not a

right now what laughing to me is not a

right now what laughing to me is not a currency it’s an asset people debate it

currency it’s an asset people debate it

currency it’s an asset people debate it all the time what’s that belief nation

all the time what’s that belief nation

all the time what’s that belief nation it’s heaven my one word is believe and I

it’s heaven my one word is believe and I

it’s heaven my one word is believe and I believe in you I believe you have an

believe in you I believe you have an

believe in you I believe you have an amazing gift inside you that I want to

amazing gift inside you that I want to

amazing gift inside you that I want to see exploded onto the world now I made a

see exploded onto the world now I made a

see exploded onto the world now I made a video not that long ago around Bitcoin

video not that long ago around Bitcoin

video not that long ago around Bitcoin explaining it trying to share what

explaining it trying to share what

explaining it trying to share what different entrepreneurs thought about it

different entrepreneurs thought about it

different entrepreneurs thought about it it had a lot of success it got a lot of

it had a lot of success it got a lot of

it had a lot of success it got a lot of feedback and comments and so I thought

feedback and comments and so I thought

feedback and comments and so I thought I’d continued a series and today share

I’d continued a series and today share

I’d continued a series and today share what Mark Cuban Gary Vee Jordan Belfort

what Mark Cuban Gary Vee Jordan Belfort

what Mark Cuban Gary Vee Jordan Belfort and others think about cryptocurrencies

and others think about cryptocurrencies

and others think about cryptocurrencies and advice for you on what you should do

and advice for you on what you should do

and advice for you on what you should do hope you enjoy

you know it’s amazing a lot of my

you know it’s amazing a lot of my friends are Millennials and they’ve

friends are Millennials and they’ve

friends are Millennials and they’ve never cared about investing but all of a

never cared about investing but all of a

never cared about investing but all of a sudden they are crazy about it with with

sudden they are crazy about it with with

sudden they are crazy about it with with Bitcoin with the cryptocurrency right

Bitcoin with the cryptocurrency right

Bitcoin with the cryptocurrency right hasn’t that changed well landscape to me

hasn’t that changed well landscape to me

hasn’t that changed well landscape to me is not a currency it’s an asset people

is not a currency it’s an asset people

is not a currency it’s an asset people debate it all the time and I don’t know

debate it all the time and I don’t know

debate it all the time and I don’t know bitcoins the one that survives are these

bitcoins the one that survives are these

bitcoins the one that survives are these some of the other ones happen the point

some of the other ones happen the point

some of the other ones happen the point is that is interesting the fact that

is that is interesting the fact that

is that is interesting the fact that they would understand I can buy an asset

they would understand I can buy an asset

they would understand I can buy an asset I can watch its value change and I can

I can watch its value change and I can

I can watch its value change and I can somehow take value and park it in some

somehow take value and park it in some

somehow take value and park it in some place where I don’t spend it where I

place where I don’t spend it where I

place where I don’t spend it where I invest it for the future because the

invest it for the future because the

invest it for the future because the great thing about you know I’m not sure

great thing about you know I’m not sure

great thing about you know I’m not sure bitcoins is a great long-term investing

bitcoins is a great long-term investing

bitcoins is a great long-term investing because I don’t know what’s going to

because I don’t know what’s going to

because I don’t know what’s going to happen to it but I do know a company

happen to it but I do know a company

happen to it but I do know a company that makes free cash flow that pays you

that makes free cash flow that pays you

that makes free cash flow that pays you a dividend every quarter to me that is a

a dividend every quarter to me that is a

a dividend every quarter to me that is a good idea

are you invested into blockchain and

are you invested into blockchain and Bitcoin so I bought Bitcoin in 2014

Bitcoin so I bought Bitcoin in 2014

Bitcoin so I bought Bitcoin in 2014 such just I just need

such just I just need

such just I just need I just need all of you to eat that for a

I just need all of you to eat that for a

I just need all of you to eat that for a minute okay I love showing my coin base

minute okay I love showing my coin base

minute okay I love showing my coin base to people like I put in 25k it’s worth

to people like I put in 25k it’s worth

to people like I put in 25k it’s worth letting you know

letting you know

letting you know so mogees listen I

so mogees listen I

so mogees listen I I think blockchain is way bigger than

I think blockchain is way bigger than

I think blockchain is way bigger than people realize like people are with it

people realize like people are with it

people realize like people are with it like on a Bitcoin level then let people

like on a Bitcoin level then let people

like on a Bitcoin level then let people a little smarter on the etherium level

a little smarter on the etherium level

a little smarter on the etherium level but when you understand what the

but when you understand what the

but when you understand what the blockchain is my big thing with the

blockchain is my big thing with the

blockchain is my big thing with the blockchain is it can it can literally

blockchain is it can it can literally

blockchain is it can it can literally overthrow America and China and Russia

overthrow America and China and Russia

overthrow America and China and Russia it’s that powerful it’s a platform of

it’s that powerful it’s a platform of

it’s that powerful it’s a platform of trust and we can do with each other and

trust and we can do with each other and

trust and we can do with each other and everybody else is out it’s so heady man

everybody else is out it’s so heady man

everybody else is out it’s so heady man I haven’t like I understand it

I haven’t like I understand it

I haven’t like I understand it theoretically I haven’t spent a lot of

theoretically I haven’t spent a lot of

theoretically I haven’t spent a lot of time in it right but I’ve been spending

time in it right but I’ve been spending

time in it right but I’ve been spending more lately you know there’s a lot of

more lately you know there’s a lot of

more lately you know there’s a lot of bull I see OHS get-rich-quick

bull I see OHS get-rich-quick

bull I see OHS get-rich-quick that’s starting to happen I need all the

that’s starting to happen I need all the

that’s starting to happen I need all the dust thank you

dust thank you

dust thank you I need all the dust to settle a little

I need all the dust to settle a little

I need all the dust to settle a little bit I’m watching you know my favorite

bit I’m watching you know my favorite

bit I’m watching you know my favorite time is when I’m like the Cobra in the

time is when I’m like the Cobra in the

time is when I’m like the Cobra in the grass

grass

grass I loved social media like 2006 7 8 cuz I

I loved social media like 2006 7 8 cuz I

I loved social media like 2006 7 8 cuz I was just like creep and I was like in

was just like creep and I was like in

was just like creep and I was like in there I was watching it like that time

there I was watching it like that time

there I was watching it like that time with blockchain right now that’s ham

with blockchain right now that’s ham

with blockchain right now that’s ham with a are it’s a with voice I’m a

with a are it’s a with voice I’m a

with a are it’s a with voice I’m a little louder because I was in the grass

little louder because I was in the grass

little louder because I was in the grass two years ago with voice and Alexis

two years ago with voice and Alexis

two years ago with voice and Alexis scales and podcasts but now I’m out I

scales and podcasts but now I’m out I

scales and podcasts but now I’m out I think it’s super fascinating I think

think it’s super fascinating I think

think it’s super fascinating I think there’s a lot of people that know a lot

there’s a lot of people that know a lot

there’s a lot of people that know a lot more than me which is why I don’t spit

more than me which is why I don’t spit

more than me which is why I don’t spit on it a whole lot but it’s big big like

on it a whole lot but it’s big big like

on it a whole lot but it’s big big like building on top of it building on top of

building on top of it building on top of

building on top of it building on top of the theorem and taking advantages

the theorem and taking advantages

the theorem and taking advantages there’s real thing

why sir do you believe it is a fraud

why sir do you believe it is a fraud when there are real transactions taking

when there are real transactions taking

when there are real transactions taking place that’s we will come to thee we’ll

place that’s we will come to thee we’ll

place that’s we will come to thee we’ll come to the fact that the volatility in

come to the fact that the volatility in

come to the fact that the volatility in the price in a moment but real people

the price in a moment but real people

the price in a moment but real people are using bitcoins for real transactions

are using bitcoins for real transactions

are using bitcoins for real transactions well I think that the labelled Bitcoin

well I think that the labelled Bitcoin

well I think that the labelled Bitcoin is a throw it like for an umbrella over

is a throw it like for an umbrella over

is a throw it like for an umbrella over the whole thing is not it’s not what I

the whole thing is not it’s not what I

the whole thing is not it’s not what I said what I said is that the problem I

said what I said is that the problem I

said what I said is that the problem I have with the technology blockchain

have with the technology blockchain

have with the technology blockchain technology is that the technology is

technology is that the technology is

technology is that the technology is great but the people who are getting

great but the people who are getting

great but the people who are getting involved in it right now

involved in it right now

involved in it right now so bitcoins already had its big run up

so bitcoins already had its big run up

so bitcoins already had its big run up to where it is right now right well

to where it is right now right well

to where it is right now right well what’s happening is there’s all these

what’s happening is there’s all these

what’s happening is there’s all these copycat crypto currencies that are going

copycat crypto currencies that are going

copycat crypto currencies that are going out there and there’s no regulation on

out there and there’s no regulation on

out there and there’s no regulation on the on the actual level of Bitcoin

the on the actual level of Bitcoin

the on the actual level of Bitcoin itself you talking yeah this futures

itself you talking yeah this futures

itself you talking yeah this futures regulation but the underlying asset is

regulation but the underlying asset is

regulation but the underlying asset is completely young regulates a dark market

completely young regulates a dark market

completely young regulates a dark market and there’s people right now who are

and there’s people right now who are

and there’s people right now who are using the success of Bitcoin to create

using the success of Bitcoin to create

using the success of Bitcoin to create these massive pumps and dumps with other

these massive pumps and dumps with other

these massive pumps and dumps with other crypto currencies so I think it’s a huge

crypto currencies so I think it’s a huge

crypto currencies so I think it’s a huge danger right now that people looking at

danger right now that people looking at

danger right now that people looking at this is like the next great thing it’s a

this is like the next great thing it’s a

this is like the next great thing it’s a bubble for sure and this is the next

bubble for sure and this is the next

bubble for sure and this is the next stage this is very common that but the

stage this is very common that but the

stage this is very common that but the future is now is now stage 3 so next

future is now is now stage 3 so next

future is now is now stage 3 so next stage is that you’ll see really

stage is that you’ll see really

stage is that you’ll see really skyrockers it’ll be a short squeeze and

skyrockers it’ll be a short squeeze and

skyrockers it’ll be a short squeeze and they’ll go even higher and eventually

they’ll go even higher and eventually

they’ll go even higher and eventually though it’s gonna come kayvyun it’s

though it’s gonna come kayvyun it’s

though it’s gonna come kayvyun it’s almost a guarantee and the fascinating

almost a guarantee and the fascinating

almost a guarantee and the fascinating part about this I think you would agree

part about this I think you would agree

part about this I think you would agree with me is that big a crypto currency

with me is that big a crypto currency

with me is that big a crypto currency whether it be Bitcoin or one of the

whether it be Bitcoin or one of the

whether it be Bitcoin or one of the others they will that they are coming

others they will that they are coming

others they will that they are coming and they will be reputable and they will

and they will be reputable and they will

and they will be reputable and they will be part of the economic landscape in the

be part of the economic landscape in the

be part of the economic landscape in the future but if I understand you correctly

future but if I understand you correctly

future but if I understand you correctly you’re saying this wild-west early days

you’re saying this wild-west early days

you’re saying this wild-west early days is the problem yes well I think there’s

is the problem yes well I think there’s

is the problem yes well I think there’s a couple of proximal one right now a

a couple of proximal one right now a

a couple of proximal one right now a Bitcoin what you have here is is there’s

Bitcoin what you have here is is there’s

Bitcoin what you have here is is there’s two parts of the manipulation the first

two parts of the manipulation the first

two parts of the manipulation the first part is you have to create demand right

part is you have to create demand right

part is you have to create demand right massive demand that’s happening right

massive demand that’s happening right

massive demand that’s happening right now versus with via social media every

now versus with via social media every

now versus with via social media every day I get emails as random emails by

day I get emails as random emails by

day I get emails as random emails by Bitcoin become a millionaire with these

Bitcoin become a millionaire with these

Bitcoin become a millionaire with these crazy you know promotional ads to

crazy you know promotional ads to

crazy you know promotional ads to generate interest but at the same time

generate interest but at the same time

generate interest but at the same time is limiting supply there’s really not

is limiting supply there’s really not

is limiting supply there’s really not that much Bitcoin that’s out there so

that much Bitcoin that’s out there so

that much Bitcoin that’s out there so what’s happening is you’re very limited

what’s happening is you’re very limited

what’s happening is you’re very limited supply most of them so you know they

supply most of them so you know they

supply most of them so you know they might say the cap the more caps a couple

might say the cap the more caps a couple

might say the cap the more caps a couple of your billion but how much is actually

of your billion but how much is actually

of your billion but how much is actually trading out there in the marketplace how

trading out there in the marketplace how

trading out there in the marketplace how much does it take to per Bitcoin to go

much does it take to per Bitcoin to go

much does it take to per Bitcoin to go not that

not that

not that much and that’s why it’s shooting up so

much and that’s why it’s shooting up so

much and that’s why it’s shooting up so so quickly and what happens is this at a

so quickly and what happens is this at a

so quickly and what happens is this at a certain point it has to reverse itself

certain point it has to reverse itself

certain point it has to reverse itself and it’ll be a short squeeze me once the

and it’ll be a short squeeze me once the

and it’ll be a short squeeze me once the futures start people will short it

futures start people will short it

futures start people will short it there’ll be a squeeze as you can’t

there’ll be a squeeze as you can’t

there’ll be a squeeze as you can’t deliver it and then it’s just gonna

deliver it and then it’s just gonna

deliver it and then it’s just gonna literally it’s gonna crater and the

literally it’s gonna crater and the

literally it’s gonna crater and the average investor is the ones who lose

average investor is the ones who lose

average investor is the ones who lose the money not the professionals right

the money not the professionals right

the money not the professionals right now you you talk about the short squeeze

now you you talk about the short squeeze

now you you talk about the short squeeze and as a result of the futures market if

and as a result of the futures market if

and as a result of the futures market if that’s right and I don’t doubt you’re

that’s right and I don’t doubt you’re

that’s right and I don’t doubt you’re alright then the futures market has

alright then the futures market has

alright then the futures market has performed exactly the role that the CBOE

performed exactly the role that the CBOE

performed exactly the role that the CBOE and others say it will perform which is

and others say it will perform which is

and others say it will perform which is to I mean to create a market mechanism

to I mean to create a market mechanism

to I mean to create a market mechanism of regulation to the transparency of the

of regulation to the transparency of the

of regulation to the transparency of the price well to be frank mean their goals

price well to be frank mean their goals

price well to be frank mean their goals they saw an opportunity to make money

they saw an opportunity to make money

they saw an opportunity to make money off thing and you know give it to smart

off thing and you know give it to smart

off thing and you know give it to smart people with with degrees look over the

people with with degrees look over the

people with with degrees look over the way to trade a secure that’s anything

way to trade a secure that’s anything

way to trade a secure that’s anything look what happen with the mortgage

look what happen with the mortgage

look what happen with the mortgage market maybe that’s a newfangled way to

market maybe that’s a newfangled way to

market maybe that’s a newfangled way to take what was crap these you know subpar

take what was crap these you know subpar

take what was crap these you know subpar mortgages and wrap up in something it’s

mortgages and wrap up in something it’s

mortgages and wrap up in something it’s a it’s great them will trade futures and

a it’s great them will trade futures and

a it’s great them will trade futures and futures on future so you’re at that

futures on future so you’re at that

futures on future so you’re at that stage right now where it’s not there is

stage right now where it’s not there is

stage right now where it’s not there is nothing wrong with trading futures but

nothing wrong with trading futures but

nothing wrong with trading futures but here’s the bottom line is that it’s to

here’s the bottom line is that it’s to

here’s the bottom line is that it’s to be very hard to short these things for a

be very hard to short these things for a

be very hard to short these things for a long time so when you short so you have

long time so when you short so you have

long time so when you short so you have enough to buy it back right and that

enough to buy it back right and that

enough to buy it back right and that creates more vying so you have this

creates more vying so you have this

creates more vying so you have this skyrocketing demand very little supply

skyrocketing demand very little supply

skyrocketing demand very little supply but then at a certain point something

but then at a certain point something

but then at a certain point something will happen they’ll be either regulation

will happen they’ll be either regulation

will happen they’ll be either regulation will pass something will go wrong and

will pass something will go wrong and

will pass something will go wrong and also the settings will change and it is

also the settings will change and it is

also the settings will change and it is gonna drop so hard and fast

gonna drop so hard and fast

gonna drop so hard and fast so that’s on Bitcoin the bigger danger I

so that’s on Bitcoin the bigger danger I

so that’s on Bitcoin the bigger danger I think personally is that every day I see

think personally is that every day I see

think personally is that every day I see three or four new offerings of doing

three or four new offerings of doing

three or four new offerings of doing Bitcoin number three this will be better

Bitcoin number three this will be better

Bitcoin number three this will be better than Big Boi you get rich overnight and

than Big Boi you get rich overnight and

than Big Boi you get rich overnight and like just today in the CNN makeup room

like just today in the CNN makeup room

like just today in the CNN makeup room the the person very nice lady she’s

the the person very nice lady she’s

the the person very nice lady she’s talking about Bitcoin so this is a

talking about Bitcoin so this is a

talking about Bitcoin so this is a classic villain it’s 2007 when you would

classic villain it’s 2007 when you would

classic villain it’s 2007 when you would do a mortgage market right your haircut

do a mortgage market right your haircut

do a mortgage market right your haircut it was also a mortgage broker almost

it was also a mortgage broker almost

it was also a mortgage broker almost everybody’s jumping on I’m sorry in

everybody’s jumping on I’m sorry in

everybody’s jumping on I’m sorry in front of the screen here and we see you

front of the screen here and we see you

front of the screen here and we see you know and they are in that twenty minutes

know and they are in that twenty minutes

know and they are in that twenty minutes I’ve been on air it’s already put on

I’ve been on air it’s already put on

I’ve been on air it’s already put on another five hundred bucks

another five hundred bucks

another five hundred bucks it’s up 19% it’s very difficult for that

it’s up 19% it’s very difficult for that

it’s up 19% it’s very difficult for that for me but everybody who sees this and

for me but everybody who sees this and

for me but everybody who sees this and thinks this is a way for me to

thinks this is a way for me to

thinks this is a way for me to make some oh I’m gonna say it Jordan

make some oh I’m gonna say it Jordan

make some oh I’m gonna say it Jordan this is a way for me to make quick easy

this is a way for me to make quick easy

this is a way for me to make quick easy money listen here’s the bottom line

money listen here’s the bottom line

money listen here’s the bottom line if you were the most disciplined person

if you were the most disciplined person

if you were the most disciplined person you’re you could really have that this

you’re you could really have that this

you’re you could really have that this one to get ending it out this probably a

one to get ending it out this probably a

one to get ending it out this probably a window a short window to make some money

window a short window to make some money

window a short window to make some money but that’s not human nature it’s not

but that’s not human nature it’s not

but that’s not human nature it’s not psychology people they’ll get in and

psychology people they’ll get in and

psychology people they’ll get in and they make some money they want to make

they make some money they want to make

they make some money they want to make more money and these people have a

more money and these people have a

more money and these people have a tendency overall to bubble right

tendency overall to bubble right

tendency overall to bubble right remember in the tulip bubble the

remember in the tulip bubble the

remember in the tulip bubble the beginning of the end was when they

beginning of the end was when they

beginning of the end was when they started trading futures on tulips that’s

started trading futures on tulips that’s

started trading futures on tulips that’s how it started to and then with another

how it started to and then with another

how it started to and then with another move up and then all of a sudden BAM and

move up and then all of a sudden BAM and

move up and then all of a sudden BAM and collapses and it’s all over

Cantus Bitcoin or aetherium or any of

Cantus Bitcoin or aetherium or any of them big currencies right right and they

them big currencies right right and they

them big currencies right right and they can’t be because you can’t transact

can’t be because you can’t transact

can’t be because you can’t transact right now right but they were truly

right now right but they were truly

right now right but they were truly occurrences you wouldn’t try to you

occurrences you wouldn’t try to you

occurrences you wouldn’t try to you wouldn’t try to convert them or value

wouldn’t try to convert them or value

wouldn’t try to convert them or value them based off of other currencies Yeah

them based off of other currencies Yeah

them based off of other currencies Yeah right there would just be intrinsic um

right there would just be intrinsic um

right there would just be intrinsic um and you can only transact I think

and you can only transact I think

and you can only transact I think there’s three hundred seventy two

there’s three hundred seventy two

there’s three hundred seventy two thousand transactions I mean I forgot

thousand transactions I mean I forgot

thousand transactions I mean I forgot the exact number but there’s our minute

the exact number but there’s our minute

the exact number but there’s our minute yeah and our per second whatever it is

yeah and our per second whatever it is

yeah and our per second whatever it is whatever it is and now they’re having to

whatever it is and now they’re having to

whatever it is and now they’re having to do these segments where they’re

do these segments where they’re

do these segments where they’re branching off right to try to increase

branching off right to try to increase

branching off right to try to increase more and they’re arguing about how to do

more and they’re arguing about how to do

more and they’re arguing about how to do it yeah so there’s there’s their own

it yeah so there’s there’s their own

it yeah so there’s there’s their own central bank issues right that’s right

central bank issues right that’s right

central bank issues right that’s right right so it’s gonna be very difficult

right so it’s gonna be very difficult

right so it’s gonna be very difficult for it to be a currency when the time in

for it to be a currency when the time in

for it to be a currency when the time in the expense of doing a transaction is a

the expense of doing a transaction is a

the expense of doing a transaction is a hundred times what you can do over Visa

hundred times what you can do over Visa

hundred times what you can do over Visa or MasterCard right right um so that’s

or MasterCard right right um so that’s

or MasterCard right right um so that’s another issue so then what is Bitcoin

another issue so then what is Bitcoin

another issue so then what is Bitcoin etherium what’s our intrinsic value it’s

etherium what’s our intrinsic value it’s

etherium what’s our intrinsic value it’s just it’s a collectible it’s just a

just it’s a collectible it’s just a

just it’s a collectible it’s just a digital asset that’s it’s a collectible

digital asset that’s it’s a collectible

digital asset that’s it’s a collectible yeah right

yeah right

yeah right and in this particular case is it’s a

and in this particular case is it’s a

and in this particular case is it’s a brilliant collectible that’s probably

brilliant collectible that’s probably

brilliant collectible that’s probably more like art than baseball cards stamps

more like art than baseball cards stamps

more like art than baseball cards stamps or coins right because there’s a finite

or coins right because there’s a finite

or coins right because there’s a finite amount that are gonna be made yeah right

amount that are gonna be made yeah right

amount that are gonna be made yeah right there’s twenty one point nine million

there’s twenty one point nine million

there’s twenty one point nine million bitcoins that are going to be made and

bitcoins that are going to be made and

bitcoins that are going to be made and if enough people hold and don’t sell and

if enough people hold and don’t sell and

if enough people hold and don’t sell and enough people borrow to buy just like we

enough people borrow to buy just like we

enough people borrow to buy just like we saw in the stock market because look as

saw in the stock market because look as

saw in the stock market because look as much as a share of stock his ownership

much as a share of stock his ownership

much as a share of stock his ownership in a company that’s the all-time lie

in a company that’s the all-time lie

in a company that’s the all-time lie right you have no authority no one I

right you have no authority no one I

right you have no authority no one I throw it yeah unless you’re the

throw it yeah unless you’re the

throw it yeah unless you’re the controlling shareholder right or you

controlling shareholder right or you

controlling shareholder right or you were willing to spend a lot to make a

were willing to spend a lot to make a

were willing to spend a lot to make a lot of noise do you own any of the other

lot of noise do you own any of the other

lot of noise do you own any of the other okay yes so GGO know which one is do you

okay yes so GGO know which one is do you

okay yes so GGO know which one is do you own I own I own an e TN and Sweden for

own I own I own an e TN and Sweden for

own I own I own an e TN and Sweden for Bitcoin sure so there’s a Swedish e TN

Bitcoin sure so there’s a Swedish e TN

Bitcoin sure so there’s a Swedish e TN because I wanted a little quiddity yes

because I wanted a little quiddity yes

because I wanted a little quiddity yes um and it’s a hassle to try to just buy

um and it’s a hassle to try to just buy

um and it’s a hassle to try to just buy it and you’ve got to make an investment

it and you’ve got to make an investment

it and you’ve got to make an investment in time and effort to do it I tried it

in time and effort to do it I tried it

in time and effort to do it I tried it and it’s paid yeah yeah and I failed

and it’s paid yeah yeah and I failed

and it’s paid yeah yeah and I failed truthfully yeah and to by a small amount

truthfully yeah and to by a small amount

truthfully yeah and to by a small amount yeah by the time I got my account open

yeah by the time I got my account open

yeah by the time I got my account open it it moves

it it moves

it it moves that’s not gonna do it even for fun I’m

that’s not gonna do it even for fun I’m

that’s not gonna do it even for fun I’m not gonna don’t like one Bitcoin from

not gonna don’t like one Bitcoin from

not gonna don’t like one Bitcoin from like ten years ago whatever guys right

like ten years ago whatever guys right

like ten years ago whatever guys right yeah that’s great now but but yeah I so

yeah that’s great now but but yeah I so

yeah that’s great now but but yeah I so I just once once I find

I just once once I find

I just once once I find about the CTN as opposed to need TF

about the CTN as opposed to need TF

about the CTN as opposed to need TF obviously right yeah right um it’s

obviously right yeah right um it’s

obviously right yeah right um it’s liquid it’s fast it marks to mark it

liquid it’s fast it marks to mark it

liquid it’s fast it marks to mark it correctly yes right and so it’s growing

correctly yes right and so it’s growing

correctly yes right and so it’s growing so I like

now I’ve got a special bonus clip of

now I’ve got a special bonus clip of Peter Schiff with Joe Rogan that I think

Peter Schiff with Joe Rogan that I think

Peter Schiff with Joe Rogan that I think you’re going to enjoy but before that my

you’re going to enjoy but before that my

you’re going to enjoy but before that my question of the day is I want to know

question of the day is I want to know

question of the day is I want to know what do you think of cryptocurrencies

what do you think of cryptocurrencies

what do you think of cryptocurrencies have you invested in them and which ones

have you invested in them and which ones

have you invested in them and which ones what do you think about them leave it

what do you think about them leave it

what do you think about them leave it down comments below I’m really curious

down comments below I’m really curious

down comments below I’m really curious to see what you have to say thank you

to see what you have to say thank you

to see what you have to say thank you guys so much for watching I believe in

guys so much for watching I believe in

guys so much for watching I believe in you I hope we continue to believe in

you I hope we continue to believe in

you I hope we continue to believe in yourself and whatever you’re one where

yourself and whatever you’re one where

yourself and whatever you’re one where it is much love I’ll see you soon and

it is much love I’ll see you soon and

it is much love I’ll see you soon and enjoy the bonus clip

in Roman times you know you could buy

in Roman times you know you could buy toga a nice toga for an ounce of gold

toga a nice toga for an ounce of gold

toga a nice toga for an ounce of gold right so a man a man could buy what was

right so a man a man could buy what was

right so a man a man could buy what was clothing back then for an ounce to go

clothing back then for an ounce to go

clothing back then for an ounce to go well you can buy a suit of clothes today

well you can buy a suit of clothes today

well you can buy a suit of clothes today a nice suit of clothes for an ounce of

a nice suit of clothes for an ounce of

a nice suit of clothes for an ounce of gold so you know prices have kind of

gold so you know prices have kind of

gold so you know prices have kind of remained relatively constant in certain

remained relatively constant in certain

remained relatively constant in certain things so now years ago I guess some

things so now years ago I guess some

things so now years ago I guess some libertarians and some other people got

libertarians and some other people got

libertarians and some other people got the idea you know Krypt fiat currencies

the idea you know Krypt fiat currencies

the idea you know Krypt fiat currencies are no good which is true they’re not

are no good which is true they’re not

are no good which is true they’re not backed by anything government’s keep

backed by anything government’s keep

backed by anything government’s keep printing them they got quantitative

printing them they got quantitative

printing them they got quantitative easing 0% in trades gold though they

easing 0% in trades gold though they

easing 0% in trades gold though they said gold is inefficient right if I got

said gold is inefficient right if I got

said gold is inefficient right if I got an ounce of gold I really can’t use it

an ounce of gold I really can’t use it

an ounce of gold I really can’t use it in commerce I mean I can’t scrape off a

in commerce I mean I can’t scrape off a

in commerce I mean I can’t scrape off a little piece of it and buy a cup of

little piece of it and buy a cup of

little piece of it and buy a cup of coffee I can’t send it across the world

coffee I can’t send it across the world

coffee I can’t send it across the world and you know and and and conduct in

and you know and and and conduct in

and you know and and and conduct in e-commerce so they came up with someone

e-commerce so they came up with someone

e-commerce so they came up with someone came up with a digital currency

came up with a digital currency

came up with a digital currency initially the first one probably being

initially the first one probably being

initially the first one probably being Bitcoin which was supposedly replicating

Bitcoin which was supposedly replicating

Bitcoin which was supposedly replicating all the properties of gold only

all the properties of gold only

all the properties of gold only digitally and making it better right so

digitally and making it better right so

digitally and making it better right so it’s like you know you mine these

it’s like you know you mine these

it’s like you know you mine these bitcoins right even though there’s no

bitcoins right even though there’s no

bitcoins right even though there’s no actual mining you’re solving these math

actual mining you’re solving these math

actual mining you’re solving these math problems but you can have a Bitcoin I

problems but you can have a Bitcoin I

problems but you can have a Bitcoin I can give it to you you can give it to me

can give it to you you can give it to me

can give it to you you can give it to me I can break it in half

I can break it in half

I can break it in half intense you know and it’s divisible it’s

intense you know and it’s divisible it’s

intense you know and it’s divisible it’s you know it’s portable and you know it

you know it’s portable and you know it

you know it’s portable and you know it doesn’t decay it doesn’t go away right

doesn’t decay it doesn’t go away right

doesn’t decay it doesn’t go away right and so they’re saying hey wait a minute

and so they’re saying hey wait a minute

and so they’re saying hey wait a minute we can create a digital alternative to

we can create a digital alternative to

we can create a digital alternative to gold and use that people will just use

gold and use that people will just use

gold and use that people will just use this and people will just get out of

this and people will just get out of

this and people will just get out of dollars and they’ll own Bitcoin and then

dollars and they’ll own Bitcoin and then

dollars and they’ll own Bitcoin and then we’ll just use Bitcoin as money right

we’ll just use Bitcoin as money right

we’ll just use Bitcoin as money right and that and the idea is this is gonna

and that and the idea is this is gonna

and that and the idea is this is gonna happen but it can’t happen because there

happen but it can’t happen because there

happen but it can’t happen because there is no value that ultimately Bitcoin has

is no value that ultimately Bitcoin has

is no value that ultimately Bitcoin has that can be stored right it become like

that can be stored right it become like

that can be stored right it become like gold gold actually has properties that

gold gold actually has properties that

gold gold actually has properties that that you know you can use gold for all

that you know you can use gold for all

that you know you can use gold for all sorts of things people value gold for

sorts of things people value gold for

sorts of things people value gold for the metal nobody values Bitcoin for the

the metal nobody values Bitcoin for the

the metal nobody values Bitcoin for the Bitcoin they value it because they

Bitcoin they value it because they

Bitcoin they value it because they believe that they can exchange it for

believe that they can exchange it for

believe that they can exchange it for something else there’s dollar doesn’t

something else there’s dollar doesn’t

something else there’s dollar doesn’t really represent gold anymore

really represent gold anymore

really represent gold anymore I know it doesn’t but just because the

I know it doesn’t but just because the

I know it doesn’t but just because the dollar is working as money with all the

dollar is working as money with all the

dollar is working as money with all the history of usage and the fact that the

history of usage and the fact that the

history of usage and the fact that the government accept dollars as taxes it’s

government accept dollars as taxes it’s

government accept dollars as taxes it’s legal tender that you have insurance

legal tender that you have insurance

legal tender that you have insurance products that you have rental agreements

products that you have rental agreements

products that you have rental agreements that you have bonds you have an entire

that you have bonds you have an entire

that you have bonds you have an entire global market in in dollars right that

global market in in dollars right that

global market in in dollars right that is never going to be able to develop

is never going to be able to develop

is never going to be able to develop with Bitcoin or any other cryptocurrency

with Bitcoin or any other cryptocurrency

with Bitcoin or any other cryptocurrency ultimately the value of a cryptocurrency

ultimately the value of a cryptocurrency

ultimately the value of a cryptocurrency is based on the willingness of somebody

is based on the willingness of somebody

is based on the willingness of somebody else to accept it in exchange for you

else to accept it in exchange for you

else to accept it in exchange for you know for something else and you know

know for something else and you know

know for something else and you know when Bitcoin first started and people

when Bitcoin first started and people

when Bitcoin first started and people used to tell me well you know there’s

used to tell me well you know there’s

used to tell me well you know there’s only 21 million bitcoins right you can’t

only 21 million bitcoins right you can’t

only 21 million bitcoins right you can’t have any more than that so therefore

have any more than that so therefore

have any more than that so therefore there’s some scarcity but my point was

there’s some scarcity but my point was

there’s some scarcity but my point was that well but what stops somebody else

that well but what stops somebody else

that well but what stops somebody else from creating another cryptocurrency

from creating another cryptocurrency

from creating another cryptocurrency that is identical to Bitcoin or maybe

that is identical to Bitcoin or maybe

that is identical to Bitcoin or maybe it’s even better maybe it’s faster maybe

it’s even better maybe it’s faster maybe

it’s even better maybe it’s faster maybe it has properties that maybe it improves

it has properties that maybe it improves

it has properties that maybe it improves on just like we talked about cellphones

on just like we talked about cellphones

on just like we talked about cellphones earlier somebody makes a better cell

earlier somebody makes a better cell

earlier somebody makes a better cell phone what’s your what’s your old

phone what’s your what’s your old

phone what’s your what’s your old Motorola phone worth today is nothing

Motorola phone worth today is nothing

Motorola phone worth today is nothing right so if somebody comes up with a

right so if somebody comes up with a

right so if somebody comes up with a better cryptocurrency then what’s your

better cryptocurrency then what’s your

better cryptocurrency then what’s your Bitcoin worth but you know I don’t think

Bitcoin worth but you know I don’t think

Bitcoin worth but you know I don’t think any of these you know you have like a

any of these you know you have like a

any of these you know you have like a thousand of them now the market cap is

thousand of them now the market cap is

thousand of them now the market cap is about 150 billion for all these crypto

about 150 billion for all these crypto

about 150 billion for all these crypto currencies and now there are people that

currencies and now there are people that

currencies and now there are people that are saying look you got to buy a bunch

are saying look you got to buy a bunch

are saying look you got to buy a bunch of them you need a portfolio because you

of them you need a portfolio because you

of them you need a portfolio because you know you’re not sure which one is gonna

know you’re not sure which one is gonna

know you’re not sure which one is gonna win none of them are gonna win they’re

win none of them are gonna win they’re

win none of them are gonna win they’re all gonna lose because none of them are

all gonna lose because none of them are

all gonna lose because none of them are going to work because they there there’s

going to work because they there there’s

going to work because they there there’s no store value you know people are not

no store value you know people are not

no store value you know people are not using bitcoins and nor will they ever

using bitcoins and nor will they ever

using bitcoins and nor will they ever use bitcoins as a real medium of

use bitcoins as a real medium of

use bitcoins as a real medium of exchange people use it as a speculative

exchange people use it as a speculative

exchange people use it as a speculative asset people buy it they hope it’s gonna

asset people buy it they hope it’s gonna

asset people buy it they hope it’s gonna go up in value yes can you sell your

go up in value yes can you sell your

go up in value yes can you sell your bitcoins and then buy something with the

bitcoins and then buy something with the

bitcoins and then buy something with the money yes you could do that with any

money yes you could do that with any

money yes you could do that with any asset you know people make a big deal

asset you know people make a big deal

asset you know people make a big deal about the fact that my gold companies

about the fact that my gold companies

about the fact that my gold companies ship gold we accept we sail week set

ship gold we accept we sail week set

ship gold we accept we sail week set Bitcoin we don’t really accept Bitcoin

Bitcoin we don’t really accept Bitcoin

Bitcoin we don’t really accept Bitcoin right what we accept is dollars but we

right what we accept is dollars but we

right what we accept is dollars but we make it easy for people to sell their

make it easy for people to sell their

make it easy for people to sell their bitcoins to buy dollars by using a

bitcoins to buy dollars by using a

bitcoins to buy dollars by using a service called a bit pay but they’re not

service called a bit pay but they’re not

service called a bit pay but they’re not actually using their their their uh

actually using their their their uh

actually using their their their uh their their Bitcoin

their their Bitcoin

their their Bitcoin they’re using dollars they’re selling

they’re using dollars they’re selling

they’re using dollars they’re selling their Bitcoin and then they’re then

their Bitcoin and then they’re then

their Bitcoin and then they’re then they’re trading dollars I mean for

they’re trading dollars I mean for

they’re trading dollars I mean for Bitcoin in these little ultimately works

Bitcoin in these little ultimately works

Bitcoin in these little ultimately works right it’s not going to work because I

right it’s not going to work because I

right it’s not going to work because I mean that is ultimately working you can

mean that is ultimately working you can

mean that is ultimately working you can use your Bitcoin and you can purchase

use your Bitcoin and you can purchase

use your Bitcoin and you can purchase gold with a bit no you can you can sell

gold with a bit no you can you can sell

gold with a bit no you can you can sell your Bitcoin to buy dollars and then you

your Bitcoin to buy dollars and then you

your Bitcoin to buy dollars and then you can use the dollars to buy a Bitcoin

can use the dollars to buy a Bitcoin

can use the dollars to buy a Bitcoin which meant nothing is worth dollars no

which meant nothing is worth dollars no

which meant nothing is worth dollars no no you sold it you

no you sold it you

no you sold it you look I you sold nothing to get dollars

look I you sold nothing to get dollars

look I you sold nothing to get dollars no need to take those dollars and you

no need to take those dollars and you

no need to take those dollars and you buy bit no you fool you sold something

buy bit no you fool you sold something

buy bit no you fool you sold something you so let it it’s just so it’s

you so let it it’s just so it’s

you so let it it’s just so it’s something then

something then

something then but it’s yes but you can sell it today

but it’s yes but you can sell it today

but it’s yes but you can sell it today for value but it might be worthless

for value but it might be worthless

for value but it might be worthless tomorrow I mean right now it’s not

tomorrow I mean right now it’s not

tomorrow I mean right now it’s not because somebody will pay you for it so

because somebody will pay you for it so

because somebody will pay you for it so that’s real it’s the same thing as a

that’s real it’s the same thing as a

that’s real it’s the same thing as a share of pets calm at one point somebody

share of pets calm at one point somebody

share of pets calm at one point somebody would give you a lot of money for that

would give you a lot of money for that

would give you a lot of money for that stock and now they’ll give you nothing

stock and now they’ll give you nothing

stock and now they’ll give you nothing you know it’s all about perception raise

you know it’s all about perception raise

you know it’s all about perception raise your standard Apple at the core its core

your standard Apple at the core its core

your standard Apple at the core its core value is that that people passion and

value is that that people passion and

value is that that people passion and not one drop of most self worth depends

not one drop of most self worth depends

not one drop of most self worth depends on Europe it’s supposed to mean

on Europe it’s supposed to mean

on Europe it’s supposed to mean I don’t ever give up I’d have to be dead

I don’t ever give up I’d have to be dead

I don’t ever give up I’d have to be dead or absolutely incapacitated hey believe

or absolutely incapacitated hey believe

or absolutely incapacitated hey believe nation if you want to see my all-time

nation if you want to see my all-time

nation if you want to see my all-time favorite top ten most a success I have a

favorite top ten most a success I have a

favorite top ten most a success I have a very special secret video for you these

very special secret video for you these

very special secret video for you these are the individual clips that I have

are the individual clips that I have

are the individual clips that I have personally learned the most from and

personally learned the most from and

personally learned the most from and applied to my life and my business check

applied to my life and my business check

applied to my life and my business check the link the description for details

”

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