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Epic Games’ Off The Grid: Use Blockchain To Support The Game Experience
#Crypto #Cryptocurrency #podcast #BasicCryptonomics
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Episode Transcript
[00:00:01] Welcome to Crypto Talk Radio, the podcast for everyday investors like you. Visit us on the [email protected] and now here's your host, Leister. Thank you for that, Bailey. And welcome everybody out there in Crypto Talk radio [email protected] I am quite delayed in recording today's episode. By the time you hear it, it's already after the fact. But I am delayed. I'm delayed because of. I don't. I want to tell a funny story. And if you're not a homeowner, you won't resonate. But for those that are homeowners, maybe you'll resonate. I'm going to tell the story as what it is. If you're new, welcome.
[00:00:39] I had so I needed to replace my furnace. It started making a very uncomfortable sound. And these numb nuts installed the damn thing close to the master bedroom. And it's got return vents in every room. Normally what I'm used to is return vent. You know, you have a large return vent kind of in your hallway ceilings. You know, maybe you have a two story. There's one in the first and one in the second or it's in the, you know, the. Near the entrance or something. Like in my house in Washington, the return vent, there was two that I can recall. There was one in the. When you walk in the front door and it was right on the base of the stairs, right as you walk in. And then I'm pretty sure there was one in the upstairs hallway. Pretty sure that's the case. But it was in the hallway. It wasn't in the rooms. I'm not used to this, you know, with the return vents in the rooms. Like even my parents home was in the hallway. It's always in the hallway. That's what I'm used to. My grandparents home hallway, Colorado, the townhome hallway, near the mirror, it's always hallway here. They have one return vent in every room. And there's kind of, you know, an iffy on this. Anyway, so I need to replace the furnace. So fine, I find a contractor finally. I've been searching for one for months. I had a different guy who I've used before. This joker came back with like 8,000 bucks on the quote. That doesn't work for me, brother. So I shop around. I found this other guy and I was shopping it out and he came back and he was like just shy of six grand. And it's a nice unit. It's a, you know, two stage. It's a Goodman High End, you know, good spec, it's smaller than the other unit. And. And he was willing to do all the duct rework that I wanted done to relocate the unit further away from the master that the other guy wanted to charge, you know, over seven grand for. And so I gave this guy the business.
[00:02:36] They said, first of all, he told me, okay, we'll be able to install it. And the day of install was going to be yesterday. He shows up yesterday. The tech, he shows up yesterday. He's like, well, we don't have the part. It's out of stock. And so I just want to get a lay of the land. That's fine, but your guy said you'd be able to install it. So don't promise something your ass can't cash. Anyway, he does the walkthrough. He's looking around. He understands I'm telling him what I want done. He's like, yeah, easy work, easy. We'll get an electrician on that. And duct work looks pretty simple, looks pretty straightforward. Shouldn't be a lot of work, and I should be able to knock it out in a day and a half maybe, or whatnot.
[00:03:17] Okay. He says, part should be in tomorrow. So that would be today. He shows up today. He's here at 11. It's like 11:15, 11:30. I expected him to be after 10. So he's on time as far as that goes. That's cool. He says, yep, I've got the part. I'm ready to go and do the install. Let's go ahead and get this thing done. Let's get to work. He goes down there, okay, he's starting to do all the little stuff. I see the unit, and it's a high efficiency unit. It's way more efficient than the old unit, being a Goodman instead of one of these ghetto ones like before. That's cool. And then they're upgrading. He. They offered to upgrade the return filtration to the top of the line instead of the ghetto that was there before. So it's a nice setup. He's starting to do what he's doing down there. I leave him to his thing while I'm on the clock. Because I'm on the clock, all of a sudden I'm hearing him work the duct work, right?
[00:04:13] And he gets to a point where I hear there's a bunch of banging. He's starting to, you know, starting to yell and talk to himself. And I'm a little bit concerned because I'm like, okay, what's this going on? And the electrician had come by and didn't realize, okay, there's an outlet. He's got to wire the outlet. They didn't tell him that he had to wire an outlet. He charges more for that. So it wasn't included in the quote. I paid the guy because he was just an extra 88 bucks. I just paid him cash out. That's why cash is king. And he was like, really? Of course, I'm the customer. I wanted it and they didn't do it, but I want it. And you should get paid for the work that you do, and you're willing to accommodate it, so I don't mind paying you. That's what customer's supposed to do. It's not free. Shit's not free. I understand you got bills to pay. So I had him a hundred dollar bill, and he was appreciative. He's. I'm gonna try to get him to bid on the other electrical work I want to do. So he does the retool and gets the wiring and all that stuff taken care of, takes off. And so the, you know, H vac guy's banging around with the ductwork. And I. I hear him literally struggling. I go down there. He cut the piece too large that he needs to fit in when he moved it because he had to slice out this section, and he was going to put a new piece in, and he cut it too large. So he's fighting it and offered to help him because all he really needed to do, it's like an. It's like a half an inch. Just pull the one piece of the, you know, the duct span back enough so he can fit it in there. And it's not that hard. You know, we can unscrew some of the things and do it. And I offered to help him. Like, you know, they help. He said there's nothing you can help with. All right, cool. No problem.
[00:05:41] So you. You say you got it covered after you said it was easy work. Right? So I go upstairs. All of a sudden, 10 minutes later, I hear loudly. Because my basement, you can hear from there. Why won't you go in?
[00:05:55] My. The moral of my story is pride is pride comes before the downfall, folks. You know, you gotta set your ego at the door. You can say something's easy work. You can say something is going to be a breeze. You can say you got it covered. You can say you're the boss of this s. But, man, if you're struggling, just ask for help, dude. It's like that. It's not that hard. It's not that big of a deal. It's, it's, it's easy. We don't worry about it, you know, we, we can get past this thing. He gets past it. He. It took him a while. I think it took him like an hour to get past this piece. He finally got past it. He got it at least to the point he didn't finish because he got it to the point where it's, you know, the heat's back on because the temperature was dropping like a rock. It's starting to get cold because we're in a. We're in a cold snap right now. So the, the timing just kind of sucks. But the furnace started failing due to no fault of my own. There's nothing I can do about it. But he got it going. He got it working. Everything's running now. He has to connect the return so it's pulling return in the, in the basement. But he got it to where I got heat again. He's going to come back and wrap up the job and he thinks it's easy from here. All I'm saying is, you know, set your, set your clout. Curb your clout. You know, just set your pride aside. It's not that hard, you know, sometimes you just need some help from our friends, that's all, you know, and ask it to, you know, I don't mind helping. It's my house right now. I want to make sure it's successful and I don't mind doing it if it's, it's. It's crappy ductwork. I understand. If I had the time, I'd replace all of it because I think it's all garbage. And I understand that. And I understand for him it was harder because he's patching in to an existing ducting instead of brand new ducting all the way around. Anyway, some weird stuff happened in cryptocurrency. We're going to chat about that, see what we can do and see what we can figure out.
[00:07:44] Second to this, I've got a little bit of coverage I'm going to be talking about for something I observed. It's crypto related, but something I observed I wanted to bring to attention, share my thoughts and see if we go from there.
[00:08:03] CoinDesk.com we are going to not bother zooming out because we already know what it is. We already know what happened. You know what happened. You might not be even looking at charts. I hope you're not. You. You might not be looking at charts. Maybe you don't know what happened, but Bitcoin took a crap again, I see a crap, but it wasn't a major thing. But it. It was. It was enough to cause some concern. So we started freaking out. Some people swore up and down that this is, you know, the ended because they see a strong downward trend. And if you do zoom out to the month chart, you can see exactly what happened over the past 24 hours. A high of 102,000, a low of 96.5percent of the volatility. Currently trending slightly back. We're hitting up to the 97, but the trend is pointed downward. And the expectation from some people was, if you remember I did last week, I said some people said, like, 95. That's what this is, is that some people figured 95, some people figured might be lower. There was a lot of liquidation activity. There was a lot of. There were a lot of people that just got cashed out, just straight up cashed out. And the expectation is there's going to be more of it. And I said that last week, too. The expectation is going to be more of this turmoil as it. And I said, you know, as people hit these price points where they're ready to go ahead and get the hell out or just take profits, you know, because some people. And I'm. I'm warning because it's important, because I noticed a lot of YouTubers don't, you have to understand Bitcoin craft to $12,000 not long ago. And I guarantee you a lot of people stacked. They stack bills and were chilling on it, waiting for this hundred thousand mark, because for them, remember, that's a 10x for a lot of them or just shy of a 10x for a lot of them. So you think if you took that and said, I know this is going to go somewhere, and I hit $100,000, and that's not a lot, right? It's less than 10 Bitcoin. But the point is, you toss 100,000 bucks at that business, we see that it hits near 10x and now you become a millionaire. There's going to be a lot of those people. Because again, we knew it was going to go back up strong. And 12,000 was a man. People were drooling at the price point. I was drooling at the price point. But I wasn't positioned to buy a significant amount of bitcoin at the time. And I wasn't too worried about it because I suspected there's going to be more multiple opportunities. And I know that we're going to hit other dip points where it was just, I can wait. I can wait it out. But people are pissed off and frustrated seeing that it cracked back down. I wasn't frustrated. A bitcoin going down. I. I was frustrated at Ethereum going down. A low of 3300, just shy of 3400. A high of 3700, just shy. Currently hovering around the 3400 mark. Ethereum can't win for losing. It can't go anywhere. And it really pisses me off because it should be higher than what it is. It should be way higher than what it is. There's no reason.
[00:10:49] There's no reason for Ethereum to be as low as it is. And it's frustrating. That's the one I'm looking at. It's not Bitcoin for me. It's Ethereum because the theorem has so much raw. And I can only blame idiot Vidlick and all his stunts, turning off so many whales that just refuse to come back to the business because there's no other explanation for what the hell is going on with Ethereum. If you're looking at all of the different things right now and just curious about what to get into, I can't help you there, because I am. It's a different time, man. It's, it's. There's. It's way different. You can't trust hardly any of these.
[00:11:26] Everything's still a gamble. It's all gambling. I've said it's gambling. People didn't. People are starting to come around, right? Because that's what you're doing. You're hoping. You roll the dice. You hope that the thing strikes you big and some of them go on like a 4x or 5x. You toss a thousand, you make some really good money. And some of them just crap like Hawk to them right now, obviously, you should know better. If you got into Hawk to. You should have known better. You were. You were simp. I'm talking just in general, that the idea is that things are going to go up at least to a 5x if nothing else. But not everything does. And then you don't know which ones. And then there's a lot of garbage that comes out and that's really a risk. So I don't know what to. I can't. I cannot recommend any one specific token to get into. I can't recommend types of tokens to get into. It's a different era. I will tell you. Artificial intelligence tokens are crapping and they're not performing anywhere near as people thought they were. Going to be. When I say crapping, I'm talking about in comparison to other tokens, other garbage. Of all coins that are out out there, most of these AI tokens are failing to replicate the performance seen last year. Nvidia being one that was talking about the AI being the next big thing. All the chips that they were manufacturing to jump on the hype that was artificial intelligence. And of course Leister CryptoTalk, FM being a technologist himself, told you is all a bunch of scam people just basically scamming you. I understand that there was a little bit of popularity behind it, but it was basically the latest fad. People are jumping on the latest fad. Some people got fat off the hog because of your FOMO when you FOMOed into AI based tokens, especially because a lot of YouTubers told you to do it. But I said multiple times that I didn't believe that this was going to be a sustained run. On the artificial intelligence side, near is one of those tokens that's on the AI side down more 8% crapped. Fet what I believe is fetch AI down 9%. Nvidia was up as far as the token price, but all the other ones that they predicted were going to climb are crapping down. I don't think it's permanent. I do think that ultimately it's a fad. I think artificial intelligence in general is a fad. It's something like. It's like, you know, mixed reality. Right? Mixed reality was a fad. It came and went. I would argue virtual reality is a fad. It's nowhere near what we were sold that it was going to be. So people are going to make money off of it. I'm not suggesting that they won't. I'm suggesting that it's all a fad and it's not going to last. It's not going to be any stronger than what it is. And we also have to understand a lot of money is flowing in the opposite direction, away from AI and some of these fad tokens and into the hands of some governments, into the hands of some big institutional players. But more so the governments. A lot of the governments are starting to get money, crypto money from different places, including Gemini. Gemini's agreed to pay 5 million bucks to settle a case with the CFTC. Allegedly misleading statements it made a long time ago about how bitcoin futures could be manipulated. There was a settlement. They didn't amend any liability. Of course not. They did not, did not deny any liability. Of course not. They just want to make the whole thing go away. And you were hoping that Gemini would go away. Gemini wasn't going to go away, but Gemini is looking forward. They're looking to see if President elect Donald Trump is going to put people in office away from the Gary Gensis of the world. They're going to be a little bit friendlier to cryptocurrency to give them a chance to scam you, because we know that's what they really want to do. They want to scam you and rip you off. I can't say 100% that they will do that. I'm saying that that's what they'd like to do, is they'd like to have a little bit more freedom to rip you off. In their mind, they should be able to do freely available transactions. They shall allow people to freely transact. And it's their risk because you're rolling the dice and it's your right to roll the dice. And win or lose, that's what they want, is to get the government off their backs. And why can't they just let people be freely, you know, gambling in their casinos? And that's. If you're one of those, then you're on their side. You welcome what they're trying to do. I'm saying that the vast majority of people don't welcome it. Are they bad people? No, they're taking advantage of the lack of law. So they're doing what they are entitled to do. Part of the problem, I think, is that there's not enough education in cryptocurrency to keep people safe away from the malicious actors that are out there. As a result, you have people like these Winklevoss people and everybody else that are sitting fat on the hog while you're getting ripped off. You get ripped off because you're not being educated about those risks that are being put in front of you, especially when they try to pitch and shill you left and right. And that's what we see has happened.
[00:16:14] I think this is an opinion, I think given what I said about artificial intelligence being a fad, I think given this Gemini stuff, them trying to get away from the regulatory climate that we see. I think with a lot of the garbage volume coins that are just pump and dumps, I think with garbage like the hawk to a token, with everything else that's out there and everything that's spinning out there, the one constant that I've said is the killer application that nobody seems to capitalize or focus on is gaming. With respect to blockchain and cryptocurrency. I still maintain the games that are out there suck and they're not doing what I think they should do.
[00:16:53] That's causing a lot of hesitancy because you have, if you think of the target audience, it's the younger crowd. So them not focusing, them not having the money, number one, and not focusing on gaming to entice them, number two, causes the regulatory, you know, entities to step up and say, all you're basically doing, you don't really have a use case, you don't have a purpose, you don't have a value. All you're doing is taking money from people. What do you do? Whereas if they were to tie gaming to this, as I've said, if they were to tie gaming to that, you can see a tangible use case, which is you play the game, you earn money instead of the free to play, which is a scam that we see out there, like the Roblox and all this other crap that's out there where they just take money from you because it's pay to play. That's what it is. Instead of doing pay to play, how about you tie cryptocurrency and blockchain to gaming such that you can actually earn money. You can be enriched for your time and for your energy and for your effort. Could you imagine games that are actually quality games? And I'm not talking the garbage that's out there, I'm talking quality games for the competition where you can earn money like the old days where we used to have tournaments and you could win prizes for being the best in class. Speaking of gaming, that might stand out. Epic games off the grid Game of the year at the 2024 Game Awards, the GAM3 Awards.
[00:18:17] This is a shooter and I've said I don't like shooters because it seems like they're all shooters, but it stands out because it's blockchain driven. Being blockchain driven is the first step to. What I'm talking about is actually using blockchain technology and cryptocurrency to help push this and you can benefit off of it. You might not know, let's say you're not a gamer, you don't know anything about it. I'm going to do a high level because I want you to understand it. Because I've said multiple times that I think gaming is the killer app that many of these are not capitalizing on. When I say capitalizing, I'm saying that they're putting a quality game out, not garbage. I'm not A fan of the shooters. However, Epic games is game.
[00:19:01] This one is. It stands out. It's much more advanced in development than anything that we've seen in my personal opinion, off the grid. The way this works is it's a cyberpunk game, it's dystopian type of game.
[00:19:15] It ties in the avalanche subnet, it offers economy. There's a tradable in game assets. It again, it's a shooter. Right. So. And, and more importantly, multiplayer. You might think that the multiplayer is not a big thing. The multiplayer is part of the whole, it's all part of the whole business. When you tie in multiplayer gaming elements, you're enticing worldwide, you're enticing more gamers. And it's word of mouth. As people get in and they are enjoying the experience, they're going to spread the word. As it's online multiplayer, that's transactional, that's activity, that's. That's, you know, cycles and blocks and everything that the blockchain is needs for that activity. So I'm saying that from my lens, this is one of those. That's a strong. It's a strong use case around gaming and blockchain. Some people said that Axie Infinity was good. I thought Axie Infinity was crap in my personal opinion, but I understand what it was.
[00:20:18] I think the one other piece with some gaming that I've seen that does use blockchain.
[00:20:25] The whole point is that the user should not know or care that blockchain is even in place. It should be something where the game experience is front and center and it is the focus of the developers such that you're just playing a game and as long as the game is good enough, it doesn't matter how you're using the blockchain, it doesn't matter how you're using a cryptocurrency. But many of the other games you can clearly see the cryptocurrency elements as part of it. And you might think, well, shouldn't people know how much money they made or shouldn't people know how their money is being spent or all that? Sure. But it should never be the focus of the experience. I go back to my experience way back yonder with Valkyrie Crusade, May she rest in peace. Valkyrie Crusade. The only thing that it ever put in front with respect to the in app purchases was when you bought, you know, the summons for the cards. But that was an optional thing. You didn't have to do it. You do a daily summon and then other than that you're Navigating a world and you're doing fights with your existing deck to, you know, win and you win these gems and all this other stuff. But if you did in apps, because you wanted, let's say they had a, you know, some kind of specialty card and they had a lot of those collector's cards with the Oracle and the Alchemist and the, and the Fairy and everything, and you wanted to get the latest collectible cards or you wanted to support the artist, then that's when you would see it. Other than that, it was behind the scenes. It was just a regular adventure game for all intents and purposes. That happened to have a city builder aspect. Now, the city builder aspect was garbage, admittedly. So the point is that they put it up front when Million Arthur was first released. I'm not talking the bastardized version that Square Enix put because they bought it and then they ruined it. Not talking that one. I'm talking the original one. Same thing was an adventure game, card based and everything else that was, that was really, really good. The best, the best games, they put the gaming experience front, front and center. And that's what off the grid appears to do very well. As in it does not focus on cryptocurrency or blockchain in any way. It's just the game and by the way, happens to have blockchain technology under the hood and that's kind of contributed to its success long term. I do recommend that you check out off the grid on epic games. That's all you have to do is do a search for epic games, off the grid, all separate words, and you'll see what the game is about and it may be something that you're, that you're looking into.
[00:22:46] Now I'm going to close out the episode with the other piece that I was just referring to and wanted to talk through and kind of go down the list because it seems to me, personal observation. Some people don't understand where we're at versus where we were. You might be in some cryptocurrency from the past. You're in something that was from 2021, 2022, and you're wondering what's happened, what's wrong, what's going on? Will it recover?
[00:23:15] I heard questions about Volt. I've. I've heard questions about Libero the. I mean, geez, you know, I. Seifu the car salesman, you know, Lock Pay. I've heard it all, all of. And I want to say this, they're all of the ones you know of from 2021, the vast majority are dead.
[00:23:40] Rich Quack is probably the only one I can think of that's not completely toast. Hodl Token. Yes, but Huddle Token came, you know, it's a V3 so it doesn't really count. And it's still here, it's still kicking. And they just did another migration. So you know. But Rich Quack is one. Everrise is still alive, but it's. It might as well not be. It's flatlined because all those people fell for the fake pumps. So you know, might as well fat. But Shinja, I'm pretty sure Shinja Shibnobi is done. Shirio's might as well be flatline, right? Id turned out to be a rug pull.
[00:24:17] Gosh. On and on and on. And don't get me started on side of chain. On and on and on. They're all just toast. Doge is still around, but that doesn't count because Doge has been around for like 10 years. So. No though those little one offs that you were shilled on by some influencer back in 2021 during the last bull run, the vast majority have crapped. So what I'm saying is it behooves you to kind of move on.
[00:24:46] Even believes himself had to acknowledge that, you know, Volt might make it, but there's other tokens that have surpassed it and he was the, you know, it may still be, but at the time he was one of the biggest ones. It's a recognition of where we were and where we are and the pace at which cryptocurrency is advancing. Libero is dead. Okay, so trying to ask about Libero, there's no reason Libero is dead. Multiverse Capital is dead. Epic Hero is dead. These are, you know, elephant money I'm pretty sure is dead.
[00:25:23] Dead. Pitbull Token still out there. So there's the one offs that you will see. But they're not going to make you life changing money at this point. And it's not their fault. In some cases it's not their fault. But you have to understand it's a highly competitive space and I've been talking about this for months there money is just shifting around. We got a little bit new money in cryptocurrency, but the vast majority of money is just being shifted around. It's not. It just is. So since it's being shifted around, what you're then seeing for the most part is you've got person and group A over here. And what they're saying is okay, I'm just gonna, you know, dump money in this garbage over here and then sit on it and like Kuma, right? Sit on it and just wait for it to go to the moon.
[00:26:14] That's. That's what it is.
[00:26:17] Those days are gone and I'm. I hate to be the bear of bad news, but it's a competitive space.
[00:26:25] If you sit on something and just wait for it, it's gonna get surpassed every time. It doesn't matter what it is. And it's again, in most cases, not their fault. That's just the way of what, of what's going on now. They're going to get surpassed. Something else will come along, some shiny garbage that's going to attract that money.
[00:26:46] That's why I call it gambling. Because you can say, I'm just going to go after whatever spins up. Shiny on pump fund. Cool. If that's what you want to do, I don't recommend it. But that may be the only way that you. Because you're, because you're gambling, right? That may be the only way that you do make some money or you can stay loyal to a project that has no future. That's your. It's your money, you know. But this is the reality we're in, that everything is faster, the pace is faster, tokens are coming out and they're attracting people's attention. And the older ones are getting left behind because of a refusal to adapt with the times. Same criticism I had to the Everrise team because they went after the riser bots crap instead of focusing on the utilities that made them stand out. Same thing I said to Market Move, who quit the business and went to some garbage instead of just focusing on what I thought was one of the best contract scanners that there was.
[00:27:46] Same issue. I have a Paratoken where I told those numb nuts, Lee, where I told them you need to be hitting up every single military installation that you can and talking to these people about what this could do to try to help their situation, and they refuse to do it. There's a refusal to adapt with the times. They put out something in a good idea, eat jets. They put out something that's a good idea, sounds good. But then there's no plan B. There's no fallback. There's no, they can't keep up. And I said that way back in the Bear, I said, some of these, it ain't going to make it because they, they don't have a plan in the Bear. They don't know how to deal with it. They don't know how to adapt and adjust with the times to keep up and keep track. That's why so many of them crap as they've done. You know, I Bleeze was talking about the Rodney crypto journeys and he apparently launched a token called Danny. I don't know why, because then Andrew Tate has another token called Daddy. So right there, I'm sorry, brother, but Andrew Tate is much more popular than you. So he was going to gut some of your buyers because you chose the same tag. I don't know why you would do such a thing. Why didn't you just call it Rodney's token or some generic something that people recognize that doesn't get gutted by Andrew Tate with a shirt off? Because that's likely what happened. And then people said, well, Andrew Tate was willing to burn $110 million worth of his token, but yet Hawk to a ripped everybody off. Rodney's is essentially a pump and dump. At some point, at some point, you recognize this is the way of it. This is what it is. And it's a different era. And you can't get away with the same things we got away with the 2021. You just can't. So I have no call to action other than consider if you're just jumping from token to token that seems to pump, I have at it. I'm a recommend against that, but it's up to you. It's your money. Can't tell what you do with it.
[00:29:45] We have some challenging times in the short term and some good times in the long term, especially if we start, you know, once January 20th hits, right, and Donald Trump's officially in office and we start seeing some of the executive orders, that's where we're going to see some. Some of the rubber meet the road. That's where we're going to start seeing some shifts in the pricing. And I just noticed that the value of my home is starting to jump because of a crunch, a supply crunch.
[00:30:11] And I have one of those rare few homes that happens to have two bed, two bathrooms. I don't know why that's rare out here, but it is. And so that's helping. And then the work I'm doing to improve the home, that's helping. All of which is to connect to the idea that we have good times ahead. I can see it from an economy perspective. The thing that's going to hold us back is the same stuff that's always held us back. The war situation, taxes, which are bullshit. You know, the things that have always been There, in our way, are going to continue to be in our way. The economy has to improve for everyone. Not just for the regular you and me, but also for the government. They need that. They need a stronger economy. And the more that they can do to free up money for us, the more we can contribute back to said economy and make it stronger. If we don't, it's just going to be a shit show over and over again. And nobody wants that. Because we have an opportunity now with cryptocurrency, I think, for a good shift of wealth that's not damaging. You know, if you're a millionaire and you choose to buy into cryptocurrency and other people that bought in dump out, we're essentially shifting wealth from A to B, which is what the government's wanted to do. They've wanted to get it to where there's a balance of wealth. Well, you do that by making it enticing to do it. Not by threatening, not by taxing, not by all the bullshit they've been doing. So that's also something to keep an eye on that I think is going to help the recovery of cryptocurrency in the long run is a better focus on where we can help people in general stabilize the. In, stabilize the economy using cryptocurrency. I don't want it replaced, you know, the US dollar, but I do want it supplanted with a stronger situation. I also want to see, because I saw that, you know, Western Union was struggling and MoneyGram was struggling, and they're struggling because they're re. Their fees are outrageous and that they're getting into stablecoins. So I think it's a good idea. Laws, they drop the damn fees. It's a good idea. That's a good start. That's a good use. I wish it weren't stable coins because that means there's no price appreciation possible. I wish MoneyGram and Western Union would create their own tokens, tokenized forms of transmitting money, and then back it with actual US dollars or, you know, pair it to their own stablecoin, you know, go all in. You have an opportunity. Remember, Western Union at one point was the key to the telegram. And I don't mean the telescam, I mean the actual telegram communication system. And then they abandoned it. They still own some of the license to it, but they abandoned it. But they were a front runner is my point, to what we would, you know, use later in communication technologies so they have an opportunity to go all in on cryptocurrency and help change the way that we transmit money internationally. That's a key one. The Fed now hasn't been launched yet. We have same day Ach. And I've used it and it worked really well. There's all sorts of great opportunities to do more to stabilize our money situation so that we are more comfortable getting a cryptocurrency so that we can get away from all these drops. But we got a long ways to go, ladies and gentlemen, and the best I can tell you is it will happen in 2025 for sure, because we've already seen inklings of it. Ethereum is the key though. Notice that we. It's like this wave of up and down and all the while there's one constant, Ethereum. It is not gone anywhere near what it should. So I stress, until Ethereum starts going, I don't see that we fully gotten out of that and we'll see more of it. And it just means take profits when it makes sense, which is make sure that if you have an opportunity to profit, take that profit. Make sure you do, and then be smart about when you buy back in. I get called fudder all the time because I'm telling people that's a fake pump. That's a fake pump. You're fud. Deep, deep, deep. Not a fudder. Fud is false information. I'm telling you the truth. The green is a trap. It's a trap because it's going to crap. You can say, yeah, but it'll go back up, that's cool. But in the meantime, you're missing out on profit opportunities. I like people to take profits because you never know what's going to happen. And that's how I feel about the next three months of 2025. You're going to see some disruption. I would rather you take profits, I would rather you benefit and I'd rather you be smart about it. What you choose to do is up to you, but I would rather you be smart about it rather than sit on it because I think holding is a scam. I maintain that always will.
[00:34:43] I'm gonna dial out now, see what's going on with the furnace. It's heating up pretty darn nicely as it is. And then of course, I've got a. You know, it's almost bedtime here soon and I want to make sure I get something to eat before I do turn in for the evening.
