Turn Your Crypto Into Real Estate—Without Selling

Yeah, we'll like. All right. All right. Billy Carson here. I'm back. Another amazing conscious finance podcast. I got my special guest Gavven Sel. What's going He's actually a host. What I'm talking about special guest? He's actually the host of this show. What's going on, Gavven? >> Nothing much, man. Nothing much. Just uh here in uh in in Russia right now. Here in Russia. >> Snow. >> Yep. Yep. Yep. So, just uh you know, on I I think I'm like 13 hours ahead of you guys because I'm in Siberia. So, it's it's uh crazy. >> Crazy. >> Wow. >> 13. Wow. >> 13 hours. >> Yep. >> Yeah. Wow. It's a big difference. Well, man, thank you for taking the energy, the effort to get on here so we can teach the people a little bit something and give them some action knowledge knowledge and some action steps that they can take. >> Yeah, absolutely. Absolutely. >> Um, first of all, let's maybe let's engage the audience a little bit. um is I want to know how many how many of you guys are actually holding on to crypto. How many of you all in the audience are holding on to crypto? Let's see. Let's see what uh the audience says here because um you know what we want to what we want to do is we want to make sure that this what we're about to talk about today this is this is related to you. So, look, here's a lot of people starting to say, uh, thumbs up from Daddy Wise. Uh, Proxima. Oh, Proxima. I don't know why. Okay. Admiral just got started. Yes. Got rid of mine earlier this year. I don't know what got you got rid of all your crypto earlier this year. Let's see. I need to get into crypto. Still just haven't studied the infrastructure. XRP. All right. Kenneth is in Bitcoin. Nice. Only about $1,000 worth. Okay. So, we have we have quite a few people who are actually in Bitcoin. A lot of them are uh uh from Twitch, from Facebook, and from uh from YouTube here. All right. Some people just started. Great. I just hate all the fees. Well, man, I I hate all the banking fees. Those are those are real fees right there. >> Those go to the bank, man. Oh, look. Joe Joe broke 20,000. Uh, Cidle has Bitcoin. All right. Cuts McGee indeed. Lol. Nice. Cool. So, you know, one of the things that um in crypto that, you know, has been kind of the the Mount Everest is um is is being able to use your crypto as collateral for real estate. And um I mean that in turn is is becoming your own bank, right? Uh using not having to cash your crypto out and and and basically being able to let that crypto compound over time. And you know like for me right now if you take a look at like the crypto profile for all the different cryptos Bitcoin, Ethereum, XRP, Salana, etc. In my opinion, the only one that I would probably um you know use as collateral maybe the other one uh there there'd be one or two would be Bitcoin and Ethereum. And so now what does collateral mean? Collateral means like, hey, look, I've got this valuable asset. Okay, I've got this valuable asset and I go to the bank and I go, "Hey, is there any way that you can uh that you can actually give me a loan so I can go buy a piece of real estate or land or investment property, etc." Okay? and and we're now uh starting to see that there's being legislation put through currently and I'm going to show you all some some articles where just in the US they're starting to do this. I think in other uh countries they are as well. Uh but we're only talking about the US uh as it pertains. In my opinion, I think that it will uh that that all the other countries will probably follow suit given that crypto is so popular these days. Uh Billy, you come from uh you come from a real estate background, right? You did some some real estate stuff before. What do you think when you hear this? >> Oh, it sounds incredible. I mean, one of the things that, you know, we do every year, we give away cars, right? And, uh, you've seen me give away cars in person um, in Miami, but >> I always thought about giving away a house. And I was always wondering what would be the most efficient and financially effective way of giving away a house. Uh it would be through um you know I guess tokenizing a property and giving away tokenized you know portions of real estate. That might be one of the ways to create an incredible giveaway or raffle through tokenization. I'm just looking at different ways. I'm just seeing how you know how uh how you can get creative with the ideas of how this stuff works. Of course, it takes a little bit more thought processing and some and some legal work, but I'm just thinking of all the cool ways that someone can be a part of real estate, tokenized real estate, owning percentages of properties that are getting rented out through Airbnb or whatever, and taking an automatic profit through their through their um their contract, smart contract. So, this just it just seems exciting because just like you can buy a fraction of a bitcoin, you should be able to buy a fraction of a property. Am I correct? >> Yeah. In fact, you know, we've we've actually already done that uh in Panama. >> Um we've started with our first property. It wasn't a big property. I think the property is worth about umund >> I know about two 267,000 or something like that. Uh but uh but yeah, I mean it's it was uh we tokenized it. You stayed in it. Um >> yeah, nice place. Brand new. It was brand spanking new. >> Yeah. And then all the amenities and all that stuff and and um you know, we only allowed our our best investors into it because it's kind of like a pilot >> uh program for right now. But yeah, I mean I think uh tokenizing real estate, which is a whole other, you know, uh strategy in and of itself, is is definitely um something that's on the horizon. That would be kind of cool actually though giving away a house. I mean 200 let's say for instance you you you know outside the US there's lots of places you can find for about 250,000 that are uh that you could Airbnb out and the ROI is you know through the roof. Um >> I shouldn't say through the roof because I'm from crypto. Through the roof meaning like 12 15% per year. That that would be through the roof. >> That's way better than the bank. way better than the bank. Yeah. And you know they they keep uh they keep that. >> So So anyways, um I wanted to talk about a couple things. So like Kenneth Walrop says, "I feel that crypto will eventually replace paper currency. It's already happening." Uh Kenneth, we Billy and I got on what was it last week and we talked about the Genius Act. I think it was last week >> where the they've already passed legislation now >> where uh you're now going to be probably interacting with stable coins very soon here, Kenneth. >> Um and and the audience needs to know this like we're going 100% towards cryptocurrency right now. Uh JP Morgan's looking at uh launching their own uh stable coin. Bank of America is launching their own stable coin >> and uh and it's coming fast and you know at all these things guys and gals as they're coming you're probably going to have JP Morgan in the future very soon custodying your Bitcoin custodying your Ethereum you're holding it there and you're doing a loan against that or a partial loan you know it may not be the whole loan right maybe your credit is is for the rest but it's going to count towards is that and who knows this could even be a a a real estate boom um that coincides with crypto in my opinion. What do you think? >> Oh, look, I I for sure they see these big organizations, these conglomerate banks and so forth that are all on the same system and the people that are running these are multi-millionaire CEOs and so forth. They have the inside scoop. So when you see them moving in a particular direction, they are that direction that they're moving in. Those are the breadcrumbs that I talk about. >> The elites and the oligarchs and the wealthy, they have a system in within the matrix that they help to create which keeps us downtrodden. However, they always leave breadcrumbs because there is a is a path to navigate through this matrix. And the breadcrumbs they're leaving in this particular arena are the fact that they're moving towards stable coins. People cor huge corporations are buying up Bitcoin and buying up crypto like you wouldn't believe. The government's into crypto now. They're decent they're getting um they're getting into uh decentralized finance. Some are staying on the main apps. But there's this mix of things going on that are showing you that in some way, shape, or form, we're moving towards um a cashless society. We're moving into a tokenized society. And the breadcrumbs are there when Black Rockck, who owns just about everything. When they begin to buy Bitcoin, which they have, of course, they they're like a whale. You have to say, "Okay, we got to pay attention because these people don't spend that kind of money for no reason. Everything they touch turns to gold." So, we have to realize that's another breadcrumb. So, I see this whole thing is just evolving right before our eyes. And a lot of people will be on the highway and they get stuck in a traffic jam while other people who are very smart and see the breadcrumbs, they're going to exit and follow those breadcrumbs. >> Yeah, I see that. Um I agree with you. I totally agree with you. And it's not just Bitcoin, it is Ethereum. Like uh last week >> huge. >> Yeah, last week Black Rockck bought more Ethereum than it bought bought Bitcoin for the first time ever >> uh in their ETFs. And so I do think even though there's a bit of a dump right now, I woke up this morning. I was like, "Oh my gosh, this but I've been in crypto now shoot almost since two 2017. Wow, eight years." Uh, and it's, you know, a 3% dump is is not a big deal. U, but yeah, I I do think that um that you you are having all these huge ETFs. I think I think that Black Rockck is if they're not the largest holder, they're the second largest holder now of Bitcoin. >> Uh, so that's that's uh that's pretty insane that they're doing that. And yeah, guys, gals, you better be paying attention when they're buying this stuff up. Um, now the cool thing is like as of last year, you couldn't redeem that Bitcoin. You had to like sell it back into USD, but now they're they're they're uh passing some laws where you can redeem in kind. Uh so you'll be able to go to BlackRock and instead of them selling their Bitcoin uh into USD and then giving you USD, uh you you'd be able to actually um set it up to where you just receive Bitcoin, you receive Ethereum, which which in my opinion is way better because self-custody, guys and gals, is the way to go. >> Uh 100%. Uh I I put up here. Have you ever heard of propy? Uh Billy, I'll put up here. >> So >> never heard of that yet. >> Yeah. So be B levels Levels uh stated that Pop Propy um is the most trusted real estate blockchain. And I've I actually have had um some a friend of mine who he's he's really involved with Propy. So, it's an interesting concept. I have it up here on the screen, but basically I believe that what they do is they do these deeds on chain >> and then what you do, you're able to like buy these properties. But the thing about this, it's not tokenized, fractionalized, I should say. It's not fractionalized, but you can buy them here >> using like Bitcoin directly. >> Um, and you receive like an NFT that's recorded on the blockchain and it's like that's how you title and escrow it. >> So, we should actually we should actually get them on here. We should get them on here >> one day because >> um they've got some good stuff and I don't know how their crypto is doing but when I looked last time that or it was just like a few months ago their crypto was starting to go up and you can buy like their crypto and speculate on I don't know how it works but but Propy is definitely a tokenized real estate uh play that um yeah that that they've been around for a while too. They've been around Do do you have to buy their specific properties or can you pick a property anywhere? Well, you so the sellers would, according to what I know, and I could be wrong, and maybe this is why we need to get them on, but from what I remember, >> um the sellers were able to um to buy uh to buy, sorry, the sellers were able to put their properties up there and then you'd be able to buy, but it has to be listed up there. Uh, and the reason is for like regulatory purposes so that you know Yeah. So that you're you make sure you're not buying like swamp land in uh, you know, Mississippi or something. >> Yeah. Yeah. Absolutely. And by I want to say something real quick, by the way. Just some some comments that I've seen over some time here and there. Not a lot, but here and there. Um, Gaban and I don't sell crypto. We're not here to sell you coins. We don't sell coins. We don't sell uh tokens. I mean, specifically in terms of we're not here to set try to make you buy Bitcoin or Ethereum. We're not even financial advisors. We're just talking about financial news, giving you updates and talking about some of the things that we're involved in and some of the things coming on the horizon. But in no way, shape, or form are you ever going to get a contact from us asking you to buy Bitcoin from us or buy ex uh um Ethereum from us. I'm never going to say, "Hey, uh give me your wallet address, you know, or send this to my wallet address." Just don't not going to happen. Just wanted to put that out there. >> Yeah. In fact, if you hear from us, uh I'm way too busy. Billy's way too busy. Uh if you hear from us, uh you're about to have your money stolen. Uh let's put it even more uh more bluntly. >> Uh so yeah, that's uh thank you for throwing that out there. >> Um yeah, I'm so anyways um actually this is a really interesting comment from the other side. value of crypto is dependent upon fiat monetary. I I actually agree and guess what uh other side they're printing more of it than ever. So uh it in my opinion and this is where I think that we have a um we have a a flipping happening >> occurring here in the midst of our eyes from uh fiat currency which is garbage. It's worthless. Um, it's you can infinitely print it out >> and it's backed by nothing except for the full faith and credit of the United States government which they just downgraded its credit the other day. >> Um, and and and so like this is uh it's wild. It's wild that that uh that it is it is switching. It is switching here. Um, all right. So anyways, um let's get back to this here. So, and I actually saw another comment. I can't find it here. Um is that somebody said that the Black Rockck is part of the World Economic Forum. I guys, gals, I'm not a fan of Black Rockck. >> Me neither. >> I don't think you are either, Billy. Like >> they control all the media. They control everything. they control the stock market uh more I think even more than the media I think the stock market is even more important because >> you know and I don't know if you've ever heard of this but >> the way that they purchase stocks it's not even through um it's not even through what through like centralized exchanges like the NASDAQ the New York Stock Exchange they go through what are called dark pools and dark pools, uh, they're basically buying these stocks over the counter. >> And so they're getting a way different price than retail, which >> really sucks >> because, and this is why like I'm not too huge of a fan of the stock market. It's so manipulated in that regard. I mean, can you imagine? They're they're going they're buying it at god knows what price >> and then what they do is they wait for retail aka us to go and buy it on the centralized exchanges and that's what pumps their bags. >> Yeah. >> And so they're making like way way way more money. And again, who's behind that? Who's buying all those stocks? >> It's Black Rockck. >> Yeah. >> Right. It's Black Rockck. >> Black Rockck. They're market they are market makers. They are market makers. Period. Point blank. >> Yep. >> They make the market in the big stocks, you know. They'll >> If Tesla's going down too far, they'll make it go up. If they want it to start going down because they want to make money on the down, they'll make it go down. They'll they'll make a market. >> Yep. 100%. 100%. There's um you know, so anyways, we've got Let me let me pull up this article uh here. So, we, you know, we've got this and and then I wanna I want to talk about tokenized stocks. I want to talk about tokenized stocks because they're they're actually coming as well, which is >> wow. >> Uh there's some there's some uh like different centralized exchanges that are calling foul and I want to talk about it, but here this article says, "The United States takes a a crypto turn. This bill would allow you to finance your home with Bitcoin and Ethereum." And again, like think of it this way, like this is uh this is um Cynthia Lumis. She's like huge on crypto. She's a senator out of Wyoming. Um huge huge Bitcoin backer u crypto backer as well. Uh but she says, you know, home ownership more accessible for young Americans who are embracing the digital age. You know that that's such a good point because >> it's become it's become progressively harder, Billy, if you wouldn't if you were to ask me to owning a home right now. Home prices are starting to come down. We're starting to see that happen right now. Uh especially in Florida, uh I don't know if you've been reading the news on this, but I I've been keeping up. >> No. Yeah. There's a lot of uh there's a lot of uh local uh areas in Florida that just got way too saturated just like in 2007 2008 right >> and and they um and they ended up uh these areas are are now down like 10% year-over-year 12%. It's more of like uh northern Florida. Uh it's just got just too many people moved >> and you know Yeah. So it's it's uh it's crazy. It's crazy that um but it's it got too expensive, right? So I think like now you have these assets that are going up, Bitcoin, Ethereum, uh you know, if you want to put in there XRP, who knows? Maybe you'll be you'll be able to use XRP, but right now the only two that you're able to use are Bitcoin and Ethereum. And let's say for instance, they'll give you 20% of your value, right, of your of your Bitcoin and of your Ethereum >> uh towards towards a mortgage. >> That's pretty fantastic in my opinion, >> you know. And maybe it's not Yeah. And maybe it's not your whole mortgage, but this may help push more people into real estate. uh and and maybe even drive a little mini boom in real estate, especially for those that are holding on to crypto. I forget how many people >> actually hold on to crypto in the US, but I I think it's something like 20% of people. >> Yeah. It's like 20% of people. That's a huge part of the population. >> Yeah. >> Right. So, so anyways, I I I think that that would be um that's definitely a direction that we're that we're headed in. They're already talking about passing these laws. So, yeah, >> I don't know. What are your thoughts? >> The laws make the laws the laws make sense for them. Excuse me. Laws the laws make really good sense for them because you're right. 20 I did read that 20% of the people it's actually like 23 something% of the people in America are holding the crypto. And so for for the uh for the government and for businesses that money is sitting in a place that's not being put back into the economy. So by passing these laws, it's a very innovative way to get people to tap into their piggy bank of crypto and put that into the economy. And so that's why these laws will pass in my opinion. And this is why uh people will be allowed to to to move in this direction and get credit get loans or or um I guess some type of um percentage of what their crypto is worth towards buying real estate because now it's putting it's pumping the economy. >> Yep. Yep. Yeah. So, you know, I I I agree with you and and it's it's all sorts of things. It's not just, you know, real estate. It's also going to be um the the legislation that they just passed on on um on um uh what's it called? Uh stable coins. And here, you know, there's a guy named Mike Mark Moss. Uh I was watching a video of his the other day and he actually made a really good point. Um, so with stable coins, we're about to see a huge boom, a huge boom in the United States, in my opinion, in in the crypto sector. So, think of it like this. Okay, they just backed stable coin um legislation two weeks ago. Okay, two weeks ago. >> Yeah. >> Now, what did they what did they say in this legislation? you need to have a in order to have a stable coin, you need to be backed one to one by um by uh uh shortterm bonds. Now, check this out, Billy. Check this out. Okay, where does Bank of America, JP Morgan Chase, Wells Fargo, and every other bank basically have their money in right now as an investment >> bonds, right? >> Shortterm bonds. >> Yeah. >> And here's the even wilder part, right? They use fractional reserve banking. So, like they take your money that's in your savings account, that's in your checking account, that's in your CDs. >> Yeah. >> Up to 97%. And they put it into these bonds. >> Mhm. >> And now, okay. So, they take that and they're making free money off your money. >> Yep. Now, as if that wasn't enough, they have all this money in these short-term bonds. >> Billy, guys, gals, they can now basically expand the money through stable coins >> by double. This is going to create in my opinion a huge boom, but it's also going to be devastating as well. And this is, you know, when you have non-scarce assets like stable coins, I mean, dude, overnight they're going to start offering loans that are going to be so freaking cheap because they're already making their like four or five% on their short-term interest rates right now. They're going to go and they're going to lend it to you for an additional >> Oh, pull out a loan in our USDC for 1% 2%. >> They're going to make an additional one or two% off free money off of your deposits. >> Yep. >> I mean, dude, I'm tripping out. I'm tripping out on this because this is going to be massive. >> They're going to build massive There's gonna be massive crypto debt. There's going to be massive crypto debt in the form of stable coins, >> right? >> Yeah. >> In my opinion, that's going to just drive the price of Bitcoin, Ethereum, you know, if you're an XRP fan, XRP, like the crypto like the the actual the actual uh uh cryptos that have value and that are being used, >> you know, chain link is another one. I think Chainlink is going to do really well. Way better than XRP in my opinion. I'm going to get slaughtered here in the uh in the chat probably because the XRP army is large and wide. But the link marines are big too. There's a lot of link marines. >> Um anyways, let me let me show you something, Billy, though, that's really interesting that we've been >> teaching our students here. Um let me move this over here. And while you're doing that, I'm dropping a link in the live chat for a free consultation so you can learn more about the arc and about crypto. We don't sell crypto. It's a learning program. It's about learning about DeFi, learning about crypto, how it works, what not to do, what to do, what scams to hide from and and uh not be a part of and look out for and not be a part of and all those kind of things. So that's what we do here. We do not sell crypto. >> Sorry about that. >> No problem. >> Dropping there. >> Yeah. >> Uh so one of the things that um and Wall Street is up in arms about this, >> but one of the things that uh that's going on right now. So if you ever hear us say guys and gals, RWA, that stands for realworld assets. So what are real world assets in the crypto sense? Real estate. So we talked about you know uh using crypto for real estate but a real world asset more would be like property. We were talking about property earlier and then also um we've been talking about uh one of the things that I have up here is stocks on the on the blockchain. All right. Now you may be asking like well who cares? I can already just buy my stock on my phone on um you know whatever on uh Robin Hood >> Robin Hood or whatever. Yeah, >> one of these places, right? Well, now you can actually buy but when you buy it on Robin Hood, let me ask you a question, Billy. Do you own that stock? >> No. >> No. No. you're you're you're buying basically uh a derivative and it's it's now it's held on a centralized exchange. You cannot transfer it, right? Uh and there's just all sorts of things, right? There's all sorts of things that are that are going on when you do that. But this company, um XTO, they just launched. Actually, they launched a few years ago, but they've really really launched just a few uh months ago. And I started buying some some stocks, tokenized stocks. This allows you to hold your stocks in your wallet. >> Wow. >> So, in a decentralized fashion. Yeah. And they're backed one to one. Uh the stock is backed one to one. So if they if XSTO has you know whatever uh Nvidia stock >> um then they hold one Nvidia stock on an actual centralized exchange. So now here's the cool part. Let's say you hear Nvidia missed its earnings or hit its earnings. Well, you can go in and buy Nvidia or sell Nvidia before it dumps >> or pumps. >> Um, because these stocks the the the prices move >> as the the the stock market opens, right? Yeah. >> So, here you can buy it 247. And you know, you can see here they got Netflix, Meta, >> Robin Hood, talking about Robin Hood, Coinbase, Amazon, Nvidia, Microsoft, Tesla, Merc, Apple, McDonald's, Astra, Zenica, and that's not the only one. Look at all these tokenized stocks they have. >> Wait, that's incredible. So, you said that we can buy these after hours. >> Yes, sir. >> Oh, wow. That's huge. You know, because if you're swing trading, which I've done before, and you swing trade after hours, you can catch some really huge dips or some really huge um volume going up. >> And uh you can dump on the high and and pick up again on the low >> if it works that way. I've got to experiment with this right away. This is incredible. I love this. Now, this is is mindblowing. This is incredible. >> Yeah. And you know, we're we're actually working on um on strategies where um we have basically software that'll buy and sell these based on uh um strategies that we already have. I think we have for Tesla, Nvidia, QQQ. Uh and and so we're actually already working on programming so you can do this with tokenized stocks >> uh on your wallet. >> Yeah. So >> this is incredible. This is this is this is for me. You got me excited over here because I already see the >> I can see the numbers already because I already know the swings. >> Uh a volatile stock like Tesla. >> I mean, you know, I've done so well on that before. I mean there's been days when I would make 80 80 50 80 70 60 just randomly you know thousand you know 50,000 20,000 90,000 80,000 um and uh but then sometimes you get stuck because you can't buy up the hours and it's making a big move. >> Yeah. >> I can buy it through this. Oh my goodness. Forget about it. >> Yep. Yeah. Let's see here. Where >> where is >> what's this website? Somebody's asking what the website is >> here. I'll send you I'll put it in the I'll put it in the chat. >> Yeah, >> I'll put it in the chat. Now, you have to you end up buying these on the blockchain. This is just the website that shows you where you can buy it. It It's on uh the only blockchain that you have it on is on uh Salana right now, but I'm sure it's going to move to Ethereum very quickly. um they they'll they'll be able to bridge uh from Ethereum to Ethereum layer twos. So yeah, that's that's the uh right there. You have it. You you all have it right there, man. >> xdox.com. >> But but and Billy, this is what I want to this is what I want to get at, right? >> So the days of the NASDAQ, the New York Stock Exchange, all that, they're numbered. >> Yeah. the days of the the traditional mortgage, >> they're numbered. >> Yeah. >> Right. And and a lot of people just they don't realize that there is this whole new system. They they just think crypto is Bitcoin and it's just some currency. >> They they think it's XLM and that's how you're going to transfer instead of Western Union. >> No. Guys and gals, here's what you got to understand. And this is why like I love what I do. This is why I'm still here, right? And crypto, it has not been easy the last few years, right? >> Uh, you know, everybody, >> yeah, there's been some major ups and downs. You know, >> you unless you're just holding Bitcoin, right? Yeah. >> Uh, everybody else is still kind of in crypto purgatory. But what a lot of people aren't realizing is that there is a huge boom coming to crypto. Why? This is like you know in my opinion buying buying uh Ethereum right now even though it's the second largest crypto buying Salana right now it's like buying Google before anybody really knew what Google was when when everybody was using Yahoo. >> Mhm. Because think of, you know, you got to think of it like this. Once these banks launch these stable coins, I hate to break it to you, they're not going to launch it on your [ __ ] app on Chase. >> It has to run through the blockchain. >> Yeah, >> it has to run through the blockchain. and and and when it does and I put here Faze Griffin I don't know if he's still on or or she but um somebody asked what is what is staking Ethereum well when you stake Ethereum you earn a piece of the fees the transaction fees that are going on and when you stake it you're securing the network and that's what decentralization is anybody can stake in the world anybody can stake where Visa Mastercard, not everybody can partake in Visa, Mastercard, >> right? >> Right. You can buy their their their stock. Okay. But this is this is a a big thing. So now think of it this way. You have Ethereum where you're staking your Ethereum and you're making a small piece of every transaction that's running through the Ethereum blockchain. You can do the same thing for Salana. You can't do it for Bitcoin. >> You cannot do it on Bitcoin. All right? >> You can buy a minor, but miners are super expensive here. You anybody can stake. You can have $10 and stake it and be earning 5% 3% 6% in Ethereum per year. >> Yeah. >> All right. I've done it. >> Huge. And so here's here's where uh here's where I think that that things are going to explode. You're now going to have the stock market. You're now going to have stable coins running on >> on the blockchains. You're going to have multiple different financial products. You're going to have gaming on the blockchain. >> All of these things are already set in place. And as soon as people start migrating and they don't even know that they're using it, those of you who got in now, >> forget about it. >> Yeah. >> Forget about it. >> Doors open. >> It's going to be it's going to be common place. It's like when you have a baby, they pick up the tablet. They know how to use it. They know how to use a tablet right away without any without any training. Don't show them how to tap on anything. They know how to use it from from birth. In the future, this is going to be common place. People will grow up with this system. It'll be normal. Matter of fact, paper money is going to be like looking at a pay phone, you know, >> like pay phone. You don't see payoneses anymore, but it'll be the same way for paper money. I went to um my gym the other day and I I got something from the restaurant in there and I tried to pay. I have happened to have a couple bucks on me in cash. They were like, "Oh, sorry. We don't take cash." Then the next day I went to my favorite little breakfast spot and I tried to pay with that same cash that I had trying to get get it out of my pocket. It's been sitting in my pocket for weeks. Oh, I'm sorry. We don't take cash. It's already beginning. It's already beginning. >> Yeah. >> Yep. Yeah. And you know, for those of you that don't want to go through like the JP Morgan Chase like you or the Wells Fargo or Visa in the future, very soon here, I'm talking probably about a year, year and a half, uh you'll have it on your own wallet on your phone. Nobody's going to be custodying that money except for you. And uh what'll end up happening is you'll be able to just boom, tap it right there. Uh, and Visa's not going to uh take this horrible 2.5% off every single sale to the vendor. So, the vendor is going to make more money. >> You know, you might pay 0.5% to the network, right? To the blockchain network. So, you as a business owner, you're going to do better >> with this. You're going to do better with this. So, it's think of all the think of all the places in the world that do not take American Express because of the fees. Yep. >> Every time I travel, I got to remember, don't only bring American Express because a lot of these businesses in other countries will not take American Express at all. Like Egypt, you can't take American Express to Egypt. Nobody takes American Express in Egypt. It's too expensive. >> Yeah. >> Yeah. So, He Hector Hector here says, "So, Ethereum is where it's at then. Moving my uh bit to E." So, here. And by the way, Hector, you're not the only one. Um, you're not the only one who thinks this. Uh, there's actually a huge Bitcoin miner. All right. A huge Bitcoin miner. Let me see if I can find the article. Bit mine to Ethereum. They're they're um their name is Bitmine. All right. And there's a um there's a the owner of it. His name is Tom Lee. Uh hold on. Bit mine to ETH. Um and here we go. Look at this. So they they were actually mining Bitcoin. One of the largest Bitcoin miners in the world. Okay. And they converted all of their Bitcoin into Ethereum. So, this is Tom Lee. You're gonna read a lot about him. So, they're they're basically making their Bitcoin mining company a um an ETH treasury company similar to that of like Micro Strategy. >> Yeah. >> Or now they go by Strategy Only, >> but um they've been buying Ethereum like crazy. They bought they bought uh >> look at this $2.35 billion dollar >> just in the last 30 days. >> Wow. >> of Ethereum. >> That's wild. That's wild. Goodness. >> All right. So, >> super whale. >> Yeah. They they they ain't converting it to XRP. All right. They're buying Ethereum because you know when you take a look at here and here this is what a lot of people don't realize, Billy. A lot of people don't realize this is DeFi Llama. This shows this shows what we teach, by the way, guys and gals. All right, this shows what how much money is in DeFi. Okay, DeFi is you're your own bank. You're borrowing, you're lending, you're allowing people to use your crypto to trade, you're staking, you're doing all sorts of things, and you're earning an additional yield, right? You're you're earning that passive income. So, check this out. Okay, let's take a look at this. If we go here to chains, look at this. All right, look at this. This is where the majority of the value is. So, a lot of people are like XRP L and all this stuff. XRPL is like the blockchain where you're going to be doing smart contracts. They've launched it, but I'm going to show you something like that a lot of people don't realize. Here's where the majority of the money is. 59% of the total value locked is on Ethereum. >> Okay. Now, take a look. >> 81 billion. Goodness. >> Yes. Now, it's more than that actually, Billy. Why? You've got base. >> Oh, they're using the Ethereum platform. >> It's layer 2 Ethereum. So, Bass, >> arbitum, >> gez, >> hyper. Uh, and then, you know, there's other platforms such as like avalanche that they're not layer 2, but they're built on ERC20, >> uh, technology. Even even this Bitcoin right here, this is built on Ethereum technology. >> All right. Binance Smart Chain, same thing. Salana is totally different, though. Salana is totally different. Where's XRP here? Let me show you. Doesn't even register on here. Nobody's using it. This is why I This is why I don't subscribe to uh to XRP and I don't buy it because it's just a hype coin. It's a ghost chain in my opinion that nobody uses. Um let's see here. Look at this. I'm all the way down here and you don't even see XRPL registering. Let's see if I can search for it because it's so far down. >> All right, here we go. XRPL. >> Mhm. >> So, >> 81 million and it's been like stuck at 81 million here since September of last year. It really has not done much more than that. >> Yeah. >> Uh like nobody's using this thing. >> Nobody's using this. And so like you take a look at these numbers, 81 million, and you take a look at Ethereum that's got >> what is it? 81 billion >> billion. >> I mean, there's a clear winner. Like Black Rockck is not building their tokenized. So Black Rockck has a tokenized um uh bonds. >> Mhm. >> Uh called Bidd. Okay, that's a layer 2 solution built on Ethereum. >> Yeah. >> Uh it's it's not on XRP, guys. Uh Sony built their layer 2 solution on Ethereum. That's because it's the safest, most decentralized uh uh blockchain in the world. >> It's the safest and most decentralized blockchain in the world. >> Yeah. >> Uh never never had a down day. Never had a down day. Let that sink in since they launch. >> Incredible. >> Chase, that's incredible. >> That's actually mindboggling. >> It's mindboggling. >> Yeah, >> it's mindboggling. >> So, anyways, the these, by the way, these are the tools. These are the tools that we teach you how to learn so that you can earn passive income >> in in crypto. >> XRP tiers. >> I saw that. Yeah, I'm dropping a link in the live chat now, guys. Make sure you click a link and book a a free consultation to learn more about crypto and decentralized finance. Um how to use a a wallet, how to swap, all these incredible things that a lot of people just don't even know. A lot of new terminology and def and and um and and words that have definitions that we don't even know the definition to. Uh that's what they teach at the Ark. So I I highly recommend them. I've been with the Ark now for over three years and I've gained so much knowledge in this field. Before I met Gavan and Matt, I was I thought I was buying crypto by buying coins on on a on a centralized app, but that was that's not doing crypto. That's just playing around. There's another way you can do it that can be really beneficial to you that can help you create passive income and help you become your own bank. And so, schedule that free consultation. I think you'll find some incredible wisdom and knowledge there. and you get your handheld on how to set up a hard wallet and how to move and swap crypto from scratch and what really is decentralized finance and exactly how does it work? How do smart contracts work? How does all this stuff actually work and function? It's a wealth of knowledge. >> Yeah, 100%. I want to I want to like So I like I like informing people, right? Because they drop these big words. >> Mic dropped out. >> Oh [ __ ] >> Your mic dropped out a little bit. I think it dropped. >> Oh, can you hear me now? >> Yeah. Yeah, you go. >> Oh, sorry. I think I pushed on the mic there. So, like I I put here Kjam put XRP is also ISO 222 which is the new standard for financial messaging. Yes, it is. All right, but here's what you got to understand. Okay, like chain link is allowing the world to do what XRP only was going to do with its transferring of its of its dollar into euro or whatever like that system is out. So ISO 222 is good, but chain link in my opinion is way better fitted into here. And it also collabs with DeFi. XRP doesn't collab with DeFi. They don't have I don't see any bridge any bridge where you can bridge XRP into Salana or Salana into XRP or Ethereum and XRP. There's nothing out there right now. And in my opinion, they're way too far behind. They're way too far behind. >> And the fallacy that all the banks are going to use XRP. Who >> you've been saying? People have been saying this since 2017 since I've been in crypto. >> I never walked into Bank of America or whatever or you know any bank in Panama and they're like, "Gavin, we've got XRP blockchain technology." They're like, "Man, no thank you. They're they're they're not they're not using it." >> Yeah. >> They're not using it. So, >> it was a lot of good hype. And, you know, I mean, it's working. It's driven the price up and a lot of people made a lot of money off of it so far. >> Yeah. Yeah. I mean, >> it's just it's just longterm if it's not really contributing to um where everything is moving, then long term it could have a fall or it could stall out and stay at a specific price, you know. So, yeah. Yep. Yep. For sure. For sure. Anyways, brother, I'm gonna let you go. I know you've been grinding uh these days. >> Grind is incredible. >> Grind is incredible. I've been grinding for the Forbidden Knowledge Academy, which you'll be a teacher in there very soon as well. >> Looking forward to that. >> And you know, a lot of people want to hear the knowledge that you have. I see some of your students in there. So, that's incredible as well. Okay. So, >> we're pretty excited about it. you know, about to tap on 500 members now. Uh but man, >> great job, brother. >> Thank you, man. Appreciate it. Looking looking forward to to having and doing some type of new event with you very soon. >> Yeah, we got we got something coming up. We got something coming up, everybody. I think if if you guys want to go deeper, uh you can book a call. Uh you got >> you got Billy's school as well. And then uh if you guys want to go deeper, we got something coming up here real soon that I think everybody's going to be really pumped on. >> Nice. >> Yeah. Manny says, "Why the pullback in crypto now?" Manny, that's this is crypto, baby. There's nothing goes up in a straight line. So remember that. Like I've been man back in 2017 to 2018 or 2020 to 2021. I mean the amount of 20 30 40% pullbacks in 2021 we had a huge one 50% pullback >> uh that have occurred they happen all the time but hang in there you know hang in there's uh there's there's a lot coming man don't get shaken out but there's just always going to be pullbacks man until crypto becomes way bigger uh this is the time but this is where You make money on those swings. This is where you make money. >> So, >> very true. >> This is it. >> All right. >> Listen, that's what in, you know, in stock we call it swing trading. I mean, we love the ups and downs because you sell, you sell high, buy low, sell high, buy low. You know, >> that's the process of making profits every single day. >> And by the way, for everyone who's wondering, there's a video coming out in five minutes on this platform. I'll be on there with Abby Lobe, the head of astrophysics for Harvard University, who analyzed this new interstellar object that has just entered our solar system and is headed directly towards Earth. So, if you want to know learn about this, is it an alien craft or is it just an actual comet or asteroid, go watch the video. It's coming up next after we end this podcast. >> Wow, man. I'm going to jump on that because I did see that the other day and I'm like >> I was like I need to text Billy. What is this? Is this real? >> I contacted my friend Obby who's the head of astrophysics at Harvard. He said I'd be more than happy to jump on and when he hopped on he had brand new news that hadn't been disclosed to the news yet or the media yet. He had just hung up the phone with the space agencies and they're going to that there's a mission that I talk about in this video. A new mission with a probe that we have out there. So it's an incredible one. Everyone should check it out. Awesome, man. Thank you, brother. >> All right, man. Looking forward to uh doing another one of these of some great I learned some incredible stuff today on this one, man. And I'm excited. What I what I just saw, >> my chings were going off of my head because if I can do what that showed me, and I'm gonna have to go to you to teach me. Oh man. Oh my goodness. I I I'm I'm already seeing big numbers. Yeah, we we're already running we're already running uh uh on getting a bot up for our for our students >> uh so that they can trade these tokenized stocks and and you the these uh these bots actually outperform buying and holding. >> So, it's going to be it's going to be pretty rad. It's gonna be pretty gonna Listen, I I don't I can't even speak because I can see I can see $100,000 days on that. I'm just telling you because I know what I can do. >> Oh, yeah. >> Yeah. >> Oh, yeah. >> Yeah. >> For sure. >> All right, brother. >> Catch you later, brother.