okay okay now we're gonna be yeah this
is good
Hello everyone
this is adam meister
the bitcoinmeister the disrupt meister
welcome to the one
bitcoin show today
is september the 3rd
2020 strong hand long-term thinking
bitcoin is the next bitcoin offended by
sally
be a unique beast
and don't fomo on all coins
we got a unique beast here today hello
my elite friends it's a special ask me
anything one bitcoin show thursday
we got ty zen in the house a living
legend he's been in this space
for as long as i have he's an og you all
know him so you've got questions
this every thursday we're gonna have a
question and answer session for the
guest
for me so prepare questions by you can
do a super chat
or you can do uh you can type in
bitcoinmeister
and it'll be beautiful and i
i'm just making sure we're live here
and we are live here okay just uh
there's a
that i want to get sign of life from
everyone
all right cool all right ty how are you
doing
they're doing great mankind can they all
hear us can you help confirm in the chat
yeah they got they got it found that
they they're saying pound that like
button
all right dudes um it's just wait
youtube changed things so i just want to
get a confirmation for everyone okay
so now since we're all here and you guys
know what to do you can do a super chat
to ask questions you can type in uh
here you'll hear someone's already
asking a question
has your okay yeah and i'm going to ask
him about the be cash stuff so
don't worry don't worry about that uh
we're we'll start off with this though
you've been doing this for a while you
teach people how to trade adam meister
is not a trader adam meister's a strong
hander
ty's in he he just lays it all out there
okay
um he he doesn't want people to make
crazy mistakes or anything and he says
if you're going to be a trader
you know don't don't do it half
half-hazardly uh
know what you're doing and if you don't
know what you're doing just
buy and hold like what the
bitcoinmeister does so he's yeah
he he's got a base there he's got a base
there
uh so ty uh what i wanted to ask you
about
first here uh well first of all welcome
to the show you you uh
thank you for here you're you're out
there in uh
asia yeah i'm in bank i'm broadcasting
from bangkok
right now uh one of the most beautiful
cities in southeast asia
all right so let me ask you uh just a
few questions that people might not know
this about you but some people think
taizen's reckless he said
he teaches people to trade blah blah
blah one of the things that i like um
i i've been telling people for a while
most people in the in the cryptocurrency
space
they don't even know how to send a
freaking bitcoin okay and that
in this 20 the 2020 decade that we're in
right now
uh that it's gonna be it's a valuable
skill just to know how to
send a cryptocurrency now what you tell
people you know i mean you teach people
how to trade all coins okay that's a
thing that's part of the space
but you you tell them don't keep it on
the exchange
you tell they better know how to send
their altcoin
and know how and to send bitcoin they
they have to know how to
send and store so i think that's
that's a very that's a valuable skill
that i mean they're millionaires
that are in this space that don't know
how to do that at all they just have
somebody else doing it for them
or they keep everything on an exchange
so i i wanted i want to put that out
there first because i don't think a lot
of people know that about you that
uh you you're teaching that is a very
responsible skill
it's so all these people trying to say
they're all coins next all coin they
don't even know how to send
darn our altcoin um so i i just want to
see if you want to elaborate that
on we have the most we have the most
tutorials
on how to set up all coin wallets on our
channel
i i don't know if any other channel has
more all coin
you know wallet tutorials in our channel
yes most people don't know this we were
the first
um channel we started the first bitcoin
and cryptocurrency trading the
investment channel
you know on the internet that we know of
like our lawyers won't say that
won't allow us to say that we're the
first so we have to say that we're one
of the first ones that we know of
and if you look at our channel we're the
first ones in that uh to
interview uh vitalik buterin before uh
hearing came out and we interviewed him
and we were the first ones to open our
mouths
and tell everyone to uh to invest into
it
back back when everybody back when 99
percent of the market
99.99 of the the the crypto market
was bitcoin there was that one person
that would open their mouth and say hey
man you guys should invest into ethereum
and we were the only one
documented as on our channel and then we
were the first ones that after people
got their ethereum tokens
they didn't know how to move them so our
channel was the first one to make a
video to show people how to use my ether
wallet
you can go in there and then that's how
we our channel got popular after we made
those videos
right and and and we were the first
channel to make the uh
uh tell people about you know getting
into nxt back then that was the first
proof of stake
the first real one oh so the memories of
these all
people don't even remember when that was
the flavor of the month people don't
you were you were so so what ty has just
laid the groundwork for
is that he has been in this space for a
very long time okay
there were no people weren't even around
in 2014 and 15 to even see this i i was
there
and uh the first time tyzon and i
actually talked one-on-one like this we
probably exchanged uh
social media stuff but we uh it was when
steve the summer
of 2016 steam was a big thing
and he had uh omar and i on the show and
of course i
and we were talking about steam and i
was saying you know don't
just get it for free get it for free and
omar's take was obviously more
complicated than mine but that's when we
really uh
i i saw that tyson was a friendly guy
and he would have different people on
his show that he
didn't necessarily agree with and then
if he had maybe we had an issue on
social media like just come on my show
and i
and i came on your show and it was
friendly so there is
there's this in the space there's some
people that have uh
a view of traitors as like evil
and con artist and and so many different
things okay
now i don't do i don't trade but some
people are going to trade so we we even
have a person here today adam you're a
bitcoiner
a hundred this other dude is a trader he
says that you're a trader
he shouldn't be on your show he will
steal your lunch money he's not a good
human
so let me just say tyzon's not going to
steal anything from adam meister
kaizen's not going to steal anything
from anyone
he lays it all out what he's doing he
tells you
what he just said his whole history
you could go in his archives people
don't even check out his archives
funny is that he says that and you know
i've just you guys know
i've lost millions in crypto and i've
made millions and i've also recovered
for other people for our viewers i
probably recovered almost 2 million
with the crypto that most people don't
even know about
people that lost their crypto and had
they didn't know who to trust and they
contacted me
and i walked them through how to recover
it you know because they know who who to
trust to go to
right and in person and online
so to say that you know to say that you
know i'll steal your money
you know he does make a point i won't
deny him that you come to the trading
markets you know how to trade and you
trade against me
i'm the last person you want to trade
against
about that so i won't deny that i won't
deny that
we're getting the street talk here i i i
like this if like like if
you know if you're a heart surgeon and
that's what you trained to do
right most of your life and then and
then i come into your hospital and say
that you know
hey you suck as a heart surgeon i can do
it better and you can
you know i mean you're gonna be in for a
surprise
well most people don't know i traded
stocks long before
i got into crypto and i traded to
currency pairs of forex
long before and then when i got a job
i was hired at an energy brokerage firm
to look at their
their uh natural gas futures and and to
do to to look at uh
uh that sells commercial electricity and
that's how i just
discovered bitcoin because they were
mining bitcoins at the energy brokerage
firm
so i i mean i didn't go work with this
bob i i happened to see it and i was
like
is this a scam you know i thought it was
a scam when i first heard it
and i was going on looking at the charts
and stuff to to to save the ceo and
and the ceo from getting scammed but
then i discovered that it was real
and then i went on trading view right
and i discovered that
most people were trading incorrectly and
that's when i started you know putting
notes in there man that's
a bunch of bs that's not happening let's
i mean your history is
pretty well known here you you were an
entrepreneur you were not you
you didn't sit there and complain you
were in motion you started an original
thing there were no
tr i mean there were no literally no
traders back then on on on
here so i i just i want to hit on
something specifically that you said
uh and so why why do i have taizen on my
show i mean he he
he comes over this weekend bitcoin show
he provides a completely a different
perspective than some my guess
he can be debatable but he's he's true
to what he does he
he he is a traitor so traitors are a
part of the space
and so they're not uh i don't encourage
people to trade
but i since i've known this dude for a
long time
uh and i respect this dude for what he
does and for his persistence and then he
stuck around
and for what he's been through through
his life too obviously uh an immigrant
to the united states and grew up in a
very bad area
of dallas and and uh really uh
was imprisoned for a uh a uh a
uh victimless crime and his brother was
in prison for a while and it's just
we want to get into all of that stuff
it's it's all cleared but because of
that history too that you have
i mean you are very when people accuse
you of of crimes
basically that you're ripping off people
you you you can't do that if you were to
do that again
the government would throw you in a cage
you're very you are
very careful about that you're always
talking like the lawyers won't let me
say this the lawyers won't let me say no
you're scared you're legitimate he's
very like it's it's very true he doesn't
want to get in trouble
we registered to become we registered
to to be with the government right to
to be a money service business long
before coinbase
gemini or even poloniex or circle
or any of them did yeah
you you were i mean because you were
you're very very careful because of you
know
but so beyond that what i wanted to hit
on from the past that was very important
that you brought up
you brought up ethereum okay and i
remember when ethereum came out too
and for years and years there have been
your own social media we're all on
social media
we've seen it grow it's been amazing you
can learn a lot from crypto twitter
but there's a lot of guys that talk a
really big game on on crypto twitter
okay
and so there's some dudes that do not
like ethereum at all
all right now hey tom vase is one of
those guys who doesn't like ethereum at
all but you respect tone base
tone vase has never said his chain never
changes tune on ethereum
at all never he he is bitcoin all the
way
you know and never got into and he rips
on ethereum
a lot he does not like ethereum okay but
then but there are others that are like
him too
and so what what happened uh was there's
there's some
and people can do what they want to do
here when we're talking about social
media
it boils down to hypocrisy okay that
that's what i think that that's what
this question is it is about and what
taizen
has publicly expressed concern about is
that there are
some guys out there like i mean richard
hart changed his tune
in a second the the they're people that
uh
do all sorts of uh 180s and uh you you
call out the hypocrisy on it so
we had these guys do the inx token and
you were you were outspoken about what
you what you thought about that because
those guys
like tone bass uh who you respect uh
they ripped on ethereum publicly for a
while and then all of a sudden you
they use it so the word scam is a very
powerful word and you're careful with
you
very careful what you call a scam so if
you call ethereum a scam for years
then don't you really shouldn't get into
ethereum because bottom line is i
i love bitcoin i i'm bitcoin all i do is
buy and hold bitcoin but i know
ethereum's not a scam i don't try to
just to say something like that and if i
if i did say something like that
then i would just go buy it or create a
coin on it because it would be totally
hypocritical
so i'll let you talk about that and only
the
pound that like button guys your your
questions will be answered uh but
you you address this in only a way that
taizen can
take it away tyson okay so let's talk
about the
the the the etherium here okay so people
have to know the background
that that i come from to say what i'm
saying you know because a lot of people
just say stuff online
and you never know if they're you know
telling the truth or telling lies or
just
trying to get clickbait you know so when
i say something
i'm very careful about using the word
scam because i was accused of something
i didn't do
okay i had a small amount of drugs and
then when i got sentenced i said i got
sentenced to something
some drugs i didn't have and then i got
sentenced to using a firearm
and the only person that was out in the
whole area that would get rest in the
middle of nowhere which is me and my
older brother
and so to say that i used a firearm
would say that i'd use it against my own
brother
my older brother and and so he got
charged the same thing too he got
charged for using a firearm
but who did he use it against when when
we went to trial as who did he use it
against because there was only his
little brother there
they asked the same thing about me like
if you're accusing ty of using a farm
who did he use it against
because the only guy was there was his
older brother so we went to do time for
things that we didn't get
we are we innocent no we had drugs but
it was just a small amount
and but did we use a firearm against
anybody no we didn't
and people don't realize that in the
state of texas you can carry a firearm
it's legal everybody carries a firearm
uh in in texas this is you know texas is
a such a big piece of land in america
that
just for safety purposes everybody
carries a gun when they're traveling
long distances if you travel from
one city to another the distances are so
long and so empty
that it's common for people to carry
firearms right
so i i grew up you know nearly 14 years
in the u.s federal prison system
and i've seen a lot of people get
accused of things they didn't do
or they get accused of violating the law
that they didn't do okay and then there
are people that get
that do violate the law and break the
law and they're not in prison for
example like hillary clinton and a bunch
of other politicians
that break the law but they don't go to
prison it's like a two-tiered justice
system so when i come into crypto
i'm very cautious on what i accuse
for one i don't want nobody suing me for
saying something that that that's
that that's incorrect so the only coin
in all the 6 000 some cryptos out there
the only one that i ever called
a scam that i made a video and said that
was a scam
was a uh was one coin
right because it would violate all kinds
of u.s financial laws
and but there's other coins that i would
never touch but i wouldn't go online i
would not go online and call it a scam
because when you constantly scam it
means that there's a
there's a violation of the law there's a
misrepresentation
there's a fraud involved or that that's
just the legal side and then there's
also the
moral and ethical side where hey man you
promised this and you didn't do it
so that that you know that that's also a
scam too right
so but most people when they come to
crypto
their definition of a scam is is really
just means hey man
that that team is incompetent or i don't
like that team
either it means i don't like you or i
don't think that you're competent to do
the things that you claim
that that's 99 of things that people
call a scam
in crypto that's what it is it's not
even a real estate it's not a violation
of the law
you know it's not a broken promise or
anything like that and they just call it
a scam
so back to ethereum right and
i i want to clear this up about tone
base too
he calls it a scam and he doesn't like
ethereum and he's against it because he
used to
work on wall street just like i did and
he believes it's a violation
of u.s financial laws that's what he
says he doesn't say that
it's a scam because they're ripping
people off or anything it's a violation
of u.s
financial laws you have to go register
under u.s financial laws
you have to go register with the uh the
government before
you raise money and he says that they
raise money
according to tom base he believes they
raise money without
registering with the government so he
believes that that that's
a violation of u.s financial laws and
that's fair
but he is clearly telling you why he
believes that it's a scam
okay now for me the reason why i
invested into ethereum
and tell people to trade it is because
i'm a trader right
i'm not like like when one of the
reasons why i got you know almost four
i did almost 14 years in prison uh was
because
the prosecutors wanted me to snitch on
other people
on the neighbors and the friends and set
them up and do all kinds of stuff
and i told them to go you know screw off
i'm not a cop
i grew up in the streets man you can't
come and ask me to go snitch on people
in my neighborhood man
you know you don't do that right you
know we have a saying on
the streets that you know snitches get
stitches so so
i i i don't go around stitching on
people you know like 99
of the people that's in the u.s federal
prison system there are a bunch of
stitches
okay and i got documentation to prove
i'm not
you know a few grams of drugs i got
almost 15 years
then that alone tells you that that uh
that i didn't
snitch on someone right so
because of that i'm very careful to to
to
you know so so whenever people say hey
don't you think this is a scam or that's
a scam
that's not my job that's not my i'm not
the sec
i never signed up to be a cop
right i'm a trader my job is to trade
make money for my family i'll trade
stocks i trade crypto
currencies i'll trade forex i'll trade
you know oil i'll trade go i'll trade
anything
right it's not my job to say that that
is a a a a a a a
violation of the law or not now however
you know coming from the streets
and being around you know criminals most
of my life i can tell
when somebody's a crook or somebody's
doing something that's illegal
or they're about to do something illegal
or you know
we hire we invest huge amounts of money
into security lawyers to review all our
products
you know like our paper courses and
everything are we we hire a senior
uh sec attorney to review everything we
say in that video to make sure
everything we say is in compliance
with with the with the u.s financial
laws and you know
so after each video they'll comment hey
you can't say that you can't
make that comment or you know erase this
or modify this
because you know we're not sure about
the cryptocurrency laws at this time so
we change it
and when we see our lawyers telling us
we can't do that or say that
then when we see somebody else doing it
to us that's a violation of u.s
laws so we try to avoid that coin or
that project
i'll give you an example for like the
project economy some of you guys
remember
during the time that they did the ico
but the thing they did was they were
making promises
that i knew was illegal because i used
to we we hire securities attorneys that
that advise us and counsel us and i used
to work for a stock trading school
that every month we got compliance
training so when i worked on wall street
we got compliance training when we
worked when i worked at the trading
schools we got compliance training you
can't say that time
you can say this you can't say that you
can't promise us to to you know we can
promise them customer service we can't
promise them that they'll make money
you know there's all these laws now keep
in mind guys
your audience the ones that watch this
outside the us most of people that are
outside the us don't care
like if you come to southeast asia none
of those financial laws matter
because they don't care they've never
seen that because there's not such an
issue
so even when i'm saying this right now
it means nothing like to
to to the southeast asian community like
they'll hear and then it doesn't even
make sense like why is he worried
why is he saying all these things like
just go buy whatever you want sell
whatever you want it's your business
and they don't realize in the us we have
governments that
let you say that you can do this or you
can't do that you know
so now i i want to i want to get back to
what how we started this conversation so
what do you think about the inx
about this inx right now keep in mind
guys
the inx token is not a scam let me say
that again
the inx token is not a scan let me say
the third time
is not a scam and and you will never
find me saying it's a scam
the reason why is because alan silver
the the brother of uh
the other silver guy uh very very simple
yeah you know who has one of the biggest
you know crypto trusts out there
uh um in the us you know alan silber
these guys are financial guys man they
have a background you know they have
experience on wall street
they went through the proper channels
they got it approved they got you know
whatever it was they did they got
approved to raise money
okay so you can't call them a scam you
can't call them scammers
you can't say any of that because they
went through the proper
legal procedures and and just so you
guys know that costs
money that is not cheap i've been
anything that costs
several hundreds and hundreds and
hundreds of thousands of dollars to get
that
uh to to get approval for that so you
can't call it a scam when
they go to the law enforcement they go
to the the the policing agencies in
america
and ask him hey man can we raise money
doing this method right here
on the ethereum blockchain do it like
this this and this and the government
said yeah we approve of this
go ahead and go do it so you can't call
them a scam
what i'm calling them out on is this
right
is i'm calling them out on not not not
ins
i'm not calling out the now or anything
i'm happy for that i'm happy that
the crypto market or the community has
progressed
to where the the u.s law enforcement
agencies allow
a company to do such a thing we've
always wanted that
right so that's good that's good
progress for it right so you know
uh give you a big shout out to alan
silbert for and his team
for getting that approved you know
because that's not easy there's nothing
easy
when you deal with the sec with finra
with the cftc or
in these alphabet agencies in the us
government
especially when it comes to finance and
medical and energy those three
industries right there
there's nothing easy in there okay so
and it costs a lot of money
i know that because we invest huge sums
of money into our
securities lawyers to get things done
and get things approved okay
so what i'm against what they're doing
is the advisors
and the investors that they have on the
project
that's what i'm against right who am i
talking about i'm talking about the
magical crypto knuckleheads okay i'm i'm
i know you want me to keep this pg-13
yes well i'm going to make it so as
kindergarten friendly as i possibly can
okay but you gotta understand that
i grew up on the streets around a bunch
of thugs hoodlums
and some of the most vicious gang
bangers you know the world's ever seen
so you know when i talk about you know
crooked
you know people like this man i'm not
being nice enough i don't need to be
nice
you know to a bunch of crooks and a
bunch of you know guys that
that that that are trying to you know
that i hate nothing more than a bunch of
you know piece of garbage hypocrites man
you know and obviously i say piece of
garbage on your channel just to keep it
pg-13
you really want to hear what i say go to
my channel and you'll see the unfiltered
version you know
but anyways these guys like the magical
crypto guys
they have been talking crap they've been
saying that ethereum's a useless
blockchain
that a blockchain they've been saying
it's a scam you know these people don't
lose their money you know they're taking
advantage of
all this nonsense and then behind the
scenes
keep this in mind guys they push 1.4
million dollars
into the damn project into ins which is
doing their
their their their their ico their their
their uh
fundraising on top of the ethereum
blockchain the very blockchain they've
been talking crap about
now that all of them are going to push
1.4 million dollars into it
and how do i know this information it's
very simple you go to their
um their prospectus which is a document
that they have to produce
that the inf inx team has to
produce to show who all the buyers the
early buyers are and everything
that's just legal stuff that you have to
do in the american financial system
you have to disclose you know who bought
at what price the early buyers you know
so their names are all in there
you know and and they did this in 2018
right after the peak of the bull market
in early 2018. so that means that they
were doing this they had plans and just
so you guys know
it takes several months to do all the
legal paperwork
because we've done it you know in order
to show that you're an accredited
investor which means
you have a million dollars net worth and
doesn't and that doesn't count your
house
or you make 200 000 a year for two
consecutive years already
and you have evidence that you're gonna
do that again in the third year
so to do all that paperwork costs money
and it costs time
you can't just like if i wanted to buy
into the index token right now
i just can't just go up and go oh i want
to buy it and just buy it right now
i got money on my credit card or i got
money in my bank account wired to you
alan silver just just send me the the
tokens you can't do that
you got to go and and you know and the
way that you prove that you're an
accredited investor
is is you get a cpa a license attorney
or a licensed accountant
and they will write kind of like a legal
document
similar to like an affidavit to certify
that you are an accredited investor
like you know you fit these criteria or
you just spend your bank statement show
that you got a million dollars in there
and then they'll approve that too
okay so there's a few ways to do that so
this process is not like a one day one
night one week deal
there's a process and then they gotta
send you the terms and the agreements
and the connections you gotta read it
have your lawyer review it so every one
of these projects that we go into it
costs us several thousands of dollars
i mean your point of going through the
process is that the dudes
it wasn't just something they jumped
into randomly there was uh
they spent a lot of time on this and you
feel it's hypocritical
that uh they were speaking one way about
it
about ethereum but behind the scenes
they were doing some pretty complicated
things
uh yeah it's not easy so so you have to
hire
you you have to get people so in public
this is what they're doing oh you know
ethereum socks you know they can't do
this it can't do as crowded
you know it's not you know you shouldn't
touch it you don't you only mess with
bitcoin
all this other stuff right and then as
soon as they turn off the video
then they're behind the scenes with
their lawyers and the uh investors
you know uh okay so i gotta prove that
you know i'm a credit investor okay can
you send me the terms and agreements
okay what price can we get it for okay
oh yeah
and then now they go back on camera
right oh by the way you know ethereum
sucks while uh all this again
and then you have after the works and
they go back okay um okay can we get at
this cent well what if we
uh you know advise on it or is there any
deal that we can make you know and all
this
i know you're gonna do on the ethereum
blockchain okay all right all right cool
deal
deal right and then now they come back
on public oh yeah you know he did him
sucks you know it's scamming you know
it's useless
it's never gonna work right these are
hypocrites and you know they got the
biggest followings
in in in crypto they have hundreds of
thousands of viewers
right that they like another person is
um is turd uh demester well
now okay i would not put in
in the same i'm going to give you some
pushback on that we all understand
why you say those dudes there's no doubt
their personas online were definitely
hypocritical of what they were doing
behind the scenes and
uh but but tour de meester isn't isn't
buying uh
uh isn't buying ethereum
he said he wrote in the past he did not
like ethereum
and that then he now he says that he's a
little bullish on it i believe that's
what
he's wrong he tweeted out he's long on
ethereum
to me that's hypocritical and listen if
he wants to do that right
he'd been for years he's been bashing
ethereum and talking about you know it's
never going to work
right so he got 200 000 some people
believe in him
it's to me that's irresponsible it's
being hypocritical and then you turn
around behind everyone's back and you're
long ethereum
long means if you're not a trader long
means that you're buying it with the
hopes of it going up in price so you can
profit from it
he tweeted that i i didn't make that
stuff up he tweeted that that out
right and now he's you know he's
discontinuing his
uh a public uh we call that broadcast
it's private now his feed yeah he's
private now and he shut down his fund
his bitcoin uh fund and everything
to me that's to me right if he said this
it's all about disclosure okay it's all
about disclosure
if he wants to talk crap about it and
say hey man i'm talking crap about
ethereum
right i don't believe it's gonna work
but i'm gonna invest it anyway because i
think it's gonna go up
like i'll tell you right now most of the
coins that i trade and i invest in
if you ask me hey ty from a
philosophical perspective do you think
that those
most of those coins that you you invest
in are they going to be around
20 years from now the answer is hell no
yeah now i got a question i've got i've
got another
entity out there what do you think of
that the head
meester with ethereum or the magical
crypto knuckleheads
you know the the the hypocrites over at
magical crypto
channel with the inx token right and
also
with uh uh jameson lock
jameson lop the the bitcoin matchless
the cypherpunk you know
hey you know i'm a cyberpunk you know
screw the government this who the
government this you know it's all code
and all this other stuff
and then now he's telling people that oh
you know the inx token
you know it's government approved wait
to me that's kind of
that's like to me to me that's like
saying that hey i'm not a snitch
right 14 years ago right i mean when i
did the
14 years in federal prison and then i
come out and tell everybody i'm not a
stitch
and then come into the crypto world and
see something and then go
and snitch on
well if you're gonna be a snitch today
time you're gonna be a rat today why
didn't you become a rat when you're 18
years old so you'd have to sit in
in prison from the time you were 18
until the time you were in your mid-30s
you see what i'm saying so so i'm not
gonna you know my kids my family no one
my friends they all know me
no one can ever call me a snitch or rap
you know because i didn't snitch around
on anyone
right so these guys right here if they
just
disclose hey man we're talking crap
about ethereum but we're going to invest
into it anyway
i said hey man mostly all coins i don't
think they're going to last
but you know what i'm treating them
i don't know which one's gonna make it
right so i'm gonna train and invest in
all of them
are the ones i think that has a good
chance right but
like this guy jameson lap and all these
guys he's an advisor on them
and he's a technical guy the other
idiots over there at magical crypto
maybe i can pass up for them like whale
panda you know fluffy pony that makes a
monero
and then charlie lee that makes a light
coin right
now to be fair charlie lee never said
anything
bad about ethereum but he's on the show
with them while they're talking back
right so so it's guilty by association
you're sitting there while these guys
are talking crap about it
and you know that behind the scenes
they're investing into that that
blockchain
so you're a piece of crap just like like
their language
you know if if charlie lee and i met
charlie lee when
he and i we started way back then and i
used to meet him at the conference you
know have lunch with him
and i thought he was a nice guy and
everything man but to me
i think it's it's all about disclosure
man i think that it's a
you know it's really crappy when you're
sitting there with three idiots
that's talking crap about this coin and
you know that behind the scenes are
pushing
over a million dollars into it and you
don't open your mouth and say something
hey guys
real quick guys i just want to fully
disclose man you know even though we're
here making crap you know crack up jokes
about ethereum just be aware man you
know
we're invested into it okay all of us if
he just said that i
hey i would never say anything i would
never say anything
okay if if but but then
you know those guys i can put up with
you know like
like maybe they can get away with it but
this guy jameson lop
you know who's a cypher punk is a
recognized bitcoin
technical person but he's not like a a
non-technical person like i am he is a
a a a a a person that people look up in
the bitcoin community
for technical and security and he's
sitting there telling people
that the ethereum network there's no way
that could ever work that it's not
secure and everything
and guess what now he's on the inx page
as an advisor advising them how to do
their token on ethereum one of them
all right so what we what we've gathered
here is
there a lot of og's that are around okay
people
you'd be surprised what people get into
people have online personalities and
then they do things uh
behind the scenes and just don't put
anyone on a pedestal and worship them i
think i uh
i put that out plenty of times and uh
do do you mean make your make your own
decisions
you know what's amazing to me is that
people that take up for that and people
get mad when i point it out there's
people that get mad because i point out
these guys are a bunch of
you know fake hypocrites right they get
mad at me for that
well what i wanted to cover on that but
what you're what you're hitting on there
i think there's there's a lot of people
you know some
some people have really networked well
in the space where they can be
hypocritical and get away with it
i think some some people have come up
with the most twisted and wild excuses
for for for this but then when some
people do stuff
they get ram they get destroyed like oh
you mentioned a coin
you're this is the bitcoin inquisition
you're out of here so it's just uh
you would you where you are you're
you're an
island you you don't have allies in that
sense where if
something you know someone that you like
i don't think allies are hypocrites
screw them screw them you know i i
wouldn't say screw i'd say something
else that starts with an f
you know but you know i'm trying to keep
the pg-13 on your channel out of respect
for your channel you know in your
audience
but you know i use a different word you
know and then those guys man i don't
care to be allies or friends with them i
don't want
my kids knowing that i'm friends or or
or have
you know i'm a youtuber or an influencer
and i'm connected to some
piece of crap you know hypocrite that
says one thing to their viewers
you know man you know what speaking of
tour de meester
to me that's very unethical of him to
say that he
that he thinks a piece of garbage for
all these years
and then he disappears from the public
eye
after announcing that he's gonna go long
that he's buying ethereum
and he never discloses why he's doing
that or what he encouraged
or or or he he owes his 200 000
viewers right an explanation of why he
changed his mind
and he just came out and said hey man
you know what man i was wrong about this
right i was wrong about this the whole
time and you know
my analysis was incorrect i didn't see
this happening i didn't see i didn't
anticipate this
and you know what i'm gonna change my
mind and i'm gonna go along with
him then i would just keep my mouth shut
i wouldn't even say anything
well
he he's not as public as those guys are
either uh
i mean it it wasn't like uh
you're very principled in in what you're
talking about here okay you're very
uh you don't think anybody everybody you
just you know don't present
one persona online and then doing
something that's totally the opposite
offline now
though he's he's tweeting about it he's
writing about it
he's not he's not he didn't see he's not
like some people calling it
this man hundred thousand people
following him
you gotta be responsible when you got
that many people following you man
if you can't just go up there and just
say stuff like that and then
and then go do something else different
behind their backs man
you know that to me that's completely
irresponsible man there's no law that
says he can't do that
right but it's a matter of morals and
ethics man
if you come off as you know uh you know
as an ethical person hey you guys stay
away from all coins you should only
focus on bitcoins
all this stuff is unsafe you know all
this stuff is risky and you have like
you're you're you're somebody on the
little guy's side and you're trying to
protect them and stuff
and then here you are doing the opposite
behind their back without disclosing it
right but to me that's that's that's so
hypocritical man you know what if if my
kids call me out on some
nonsense like that man i i would be
ashamed of myself man
i would be ashamed of myself that i had
200 000 people following me
and i was telling them one thing and
then go behind their backs and do
something else man
maybe maybe maybe i'm a little bit more
harsh on this
subject matter about being principal
like you said you know because
you know i got charged with something i
got sentenced to prison and my brother
was put in prison for something that we
didn't do
did are we going to drugs yes but are we
guilty of all the other
crappy crimes that they charge us with
no we weren't and thank you know
shout out to donald trump too for you
know changing the laws and reversing and
correcting my brother's sentence so he
can get out early or else he would have
stayed in there another five years
you know he was in prison for 30 years
for for
using a gun against somebody for using a
gun and
he didn't even have the gun that they
charged him with
it's that that is an amazing part of
your life story that if
donald trump if donald trump didn't
become president this guy's brother
would still be rotting in jail exactly
you know what not just him but there's
like five thousand other prisoners
they got released from prison and got
their sentences corrected
thanks to donald trump so i don't care
what anybody says about it man if you
come into my brother's life and my
family
and and and correct my brother's sins
and a bunch of other black people's
sentence right in minorities in america
and correct their sentence
when anyone knew along the whole time
there was not the correct sentence
and nobody had the balls to to correct
it and he comes along he changed it
man i'm voting for him again i don't
care what anybody says
there are a lot of questions this is a
question and answer show four ties in
he he he's laid it out there i've said
what you know given my take on it i mean
we won't talk about hex then because
it's it's no no no
we will talk about hacks man oh let me
know before we before
and i just again with the tour de
meester thing i i want to say
i i would not put him on the level of
these guys at all
and he did i think he has taken to heart
some of the criticism he's gotten uh and
and that's why he's made the channel
private now i mean he doesn't want to
get into these arguments he doesn't
he he is not a huge like the other dudes
that you've mentioned
they're big talkers they start with
people they get into twitter arguments
tournaments there's nothing like that i
mean he's not a uh
he he doesn't go out he's not
proactively uh trying to partner with
people
he doesn't want to engage with people he
doesn't want he doesn't want to be
controversial
and he has tweeted out some things
questioning himself i think he
he is exploring and i don't know i i
don't know the
whole tour de meester ethereum thing i
wouldn't put it on the same level as
some of these things that we're talking
about but okay if you say that i i will
i will offer this if he wants to explain
it he's more than welcome to contact me
and come on my channel explain it
you know he gives me a good explanation
it makes sense i'll retract my statement
he did retweet something that you put
out there when you were talking about
this i i don't remember the whole thing
but
i i try to i definitely try to stay out
of all the drama
and stuff usually but again since taizen
is a
guest on the show and he has been
outspoken about what happened with the
ins
thing and that you know the whole what's
the definition of an og
and who goes after who who's a lot you
know there's certain people that are
just allied with each other are going to
come up with excuses for
for one another and taizen does not come
up with excuses for
anyone you're hardcore man you're you're
hard of hearing
everybody this is shows like this here
oh sorry tom continue
that's why i tell people all the time i
tweet out you know that
that uh if you want to really listen to
a real bitcoin maximus you know follow
uh you uh bitcoinmeister in tongvas
because i remember you guys back
when mountain gox had collapsed and
everybody was hiding and
and everybody was scattered like you
know strippers in a club when you turn
the lights on man like cockroaches they
scattered when bitcoin crashed
from 1200 down to 200 and it takes balls
it takes
nuts it takes courage to stand out there
and get in public in front of a camera
you know and tell people like you guys
did you you know like all of us did like
you know
uh uh um
even vortex even though he and i
disagree he was come on my channel talk
about bitcoin i'll be happy to have him
on there
i don't hate the guy i know he thinks i
hate him or something you know but yeah
we have disagreements about what bitcoin
you know is supposed to do or what
you know about where how the progress
it's made but
i still respect him i never call uh him
a a bullshitter or a scammer or anything
like that
you know why because all of us was
broadcasting about bitcoins
after they then crashed from twelve
hundred dollars down to two hundred
dollars
and nobody nobody you know what they
didn't even want to say the word bitcoin
they were so people were so scared to
even think what bitcoin because they
were afraid to be called scammers
they they replaced it with the word
blockchain yeah man before crashing
mountain box nobody even said the word
blockchain except
in technical terms to describe what it
is everybody used the word bitcoin
and then all of a sudden after 2000 the
beginning of 2014
everybody's like okay hey guys don't
worry
it's not just my bitcoin okay um
you know let's say blockchain yeah yeah
yeah yeah
taizen you just brought up such a
memories for me
and so many people won't they don't know
that from 2015
what he just said is true people were
just saying blockchain they were scared
to say bitcoin
that's how bad it got me but i for i've
forgotten about that
you weren't really ashamed even
bitcoin was afraid to say bitcoin and so
when you and tom they showed up
right just a little quick crypto history
here guys you know for you guys that
just knew the crypto
back then i made a video i forget what
year it was
2014 2015 i made a video i said these
are the seven
top crypto influencers you need to
follow and victor meister was one of
them
it was 2016 i think i think it was 2016.
i remember it i remember it
i made that video about you about omar
and about a bunch of other people
there's only one people
one person on there that i regretted and
that was uh the black guy um
what's his name the guy that's connected
to big connect
you know uh
yeah so he was the only you know but hey
you know i got mad i picked some good
talented people
because most of you guys all you guys
are still here and all you guys are
doing well
you know you guys got huge followings i
stuck
i stuck with it
and all the world bitcoin network guys
to be talking about
bitcoin all this time while while you
know
while it was in the dumps at 200 and 300
everybody's making fun of it and
everybody's still calling it a scam you
know that takes a lot of courage man
to stand for your beliefs and what you
think is you know uh
is going to change the financial world
it takes a lot of courage man
and all of a sudden by the middle by the
spring and summer of 2017 when bitcoin
started going up past a thousand dollars
now all of a sudden you've got a
thousand idiots clowns like superman and
all these idiots
you know doug polk and all these you
know the clowns and entertainers that
start coming in
and getting hundreds of thousands of
followers and stuff
and not knowing who the real people are
you know and that's that's you know this
is the
it is amazing that the so many newbies
have come in and there's so many new
voices
but we were talking about before this
did we bring this up at the beginning of
the show that most people
that are traders they don't even know
how to send the bitcoin i mean they
they they you what's the thing that
taizen does is very responsible
is that he teaches his people uh if
you're gonna buy an all coin you better
know how to send it off the freaking
exchange and you better know how to
to save it to send it but people don't
people don't talk about
like the basics of cryptocurrency
there's there's plenty
while we're on that point cuz i lost you
know over a million dollars on this just
this
idiot mistake alone so here's your views
anytime you
new to crypto bitcoin anything
before you put all your money into it
make a small transaction first
test small before you do it big test
small before you send the entire
transaction
so if you want to buy a thousand dollars
worth of bitcoins or crypto or anything
go buy like 20 30 bucks 50 bucks of it
send a fraction to your hardware wallet
from your hardware wallet send it back
to the exchange from the exchange send
back to your hardware wallet from the
hardware wallet back to the exchange
do that about five six seven eight times
until your brain understands what just
happened and then
when you see that this is what happened
right and then
even unplug it from the hardware wallet
and erase everything
and then try to reinstall the 24 word
seeds again and see if you can still
send it back to the exchange or not
once you confirm that you have control
of your bitcoins and your crypto
at that point then you have permission
right
from the crypto gods to start getting
the balance of the cryptos that you need
or the bitcoins that you need
okay don't be an idiot and go out there
and you need to put ten thousand dollars
in
we've had i can't i have a few
co-workers that i used to work with
they heard that i was in bitcoin they
went
and slapped ten thousand dollars twenty
thousand dollars in the bitcoin
and didn't have a transfer and lost
everything
it is it is amazing and and so again
it's amazing that these
these basic skills so many people have
these basic skills it's what
i said they for the 2020s if you know
how to send the bitcoin if you know how
to store a bitcoin
if you know how to set up a tresor i
mean you can make a lot of money i mean
just
like having but most people that get
into crypto
uh they don't have the skills it's
they've skipped a very very important
step
and again for all the people that say
that you know ty is just a pure traitor
etc etc
what he just said out there that that's
got nothing to do with trading that just
that's just basic
cryptocurrency no i mean
most of the dudes that are talking to
these big charts you know how much it's
going to be worth on july the first this
that
the other uh i mean sure it's
entertaining and everything
but if you don't if you make the move in
the bitcoin into anything and you don't
know what the heck
you you it could be so tragic what
happens just
losing all your your your your coins
because you didn't know how to send
i mean and i know this sounds
far-fetched for a lot of people
but it is it really it really does
happen so
you don't know how to transfer the coins
correctly okay and store it correctly
so i re i strongly recommend right i
cannot give you financial advice on what
to buy or sell but i can give you
security advice make sure you use a
hardware wallet such as ledger or
treasure i would not use
any other ones except those two the
reason is
they we have ram several millions of
dollars
through each one of those devices during
the bull market
so if there was any time to hack those
devices it would have been in 2017
okay so i would not try any of the new
ones
right people come out hey we got a new
hardware wall it works better than
trezor or hard
or ledger screw them let let somebody
else
guinea pig and lose money trying to
figure out their wallet works
these are two treasure was the first
hardware wallet in the world
and then ledger was i think like the
second and they have and i talked to
their cto in person
right the these guys know what they're
doing man all right all right this is
this is a good a good reminder out there
because there are a lot of people that
ask about complicated storage methods
there you go that's that way it's a
great
it's tresor ledger i've talked about it
we've been many times and people should
know now here let's go to a question
here
so pound that like button everybody
unique beast now this is something i was
going to ask ty
because he's been into this controversy
has your view on be cash and bsv
and what has it shifted over time has
that shit
has your view on be has bsv on bitcoin
cash it has
on bitcoin cash it has not on bitcoin sv
it hasn't
you know and when when when we talk
about
shifted are you talking about the
philosophical perspective
or the trading profits potential
perspective
i think you should clarify that when you
there's been times you've talked
highly of bsv and be cash because you
think
they're going to pump and you're just a
trader and you want to you want to make
them
making money like if you ask me hey man
which one do you think is going to be
around 10 20 30 years
50 years from now i'm gonna say bitcoin
i'm not an idiot
but if you ask me hey man in this next
bull market which one you think is gonna
make more money
i'm gonna think it's bitcoin cash and
bitcoins fee
so has so now recently uh be cash is
good it's going to have the split
has your view changed on it because you
were absolutely it's changed because
here's the thing right here's the reason
why it's changed
okay here okay first of all let me
explain the reason why i thought it was
gonna go up
okay and there's more profit potential
like many you guys know i don't own any
bitcoin since 2017
because i'm here to make money i'm not
here to be a fan boy
if you ask me from a philosophical
perspective what do you think about
these different bitcoins you know i'm
gonna say hey you know go with this one
go with this one or whatever from a
philosophical perspective
but i can take that philosophy hat and
put it aside
and put on my trainer hat and okay now
i'm a traitor which one's gonna make me
the most money for my family
okay so the the reason why
i went into bitcoin cash and bitcoin sd
right is they they they they're they're
a big community
okay in their big community as a trader
they haven't had
a uh what do you call it a spike or a
pump in price yet every coin goes
through two or three of those in in its
life cycle
okay and i saw that when bitcoin sv come
out right i thought it was crazy too
but i mean just as a trader you guys
nothing logically about this right
man there was nothing that was good news
about bitcoin sv
you know craig wright is fake toshi uh
the exchange is like cracking and
binance or de-listing
and you know bsv they're not going to
list it and they're trying to rally the
troops and other exchanges not to listen
there was not one ounce of good news
about bsv
number one you couldn't find one ounce
of good news
you know the weather wasn't even good
around well they said it's different
from their fans
their fans i mean like from
the you know i looked and i said wait a
minute why is this thing have the
absolute worst news
there being you know uh uh we call that
uh uh
uh burn uh you know like which is at the
stake you know uh uh uh
you know and it's still sitting there at
57 like it won't go any lower
and so as a trader i see that i've seen
that several times with different coins
right and i said hey you know what the
same thing would happen when ethereum
and ethereum classic split
it wouldn't go below a dollar i mean
there's all this volume coming in
but it won't go below a dollar and we
said hey man it's not going to go below
a dollar
we might as well buy in at a dollar then
and then it skyrocketed and we made a
killing on it
and so when we saw the same thing with
bsv we said i said hey man i'm gonna
load up right here at 57
you know and people said oh you're an
idiot you're crazy hey i made my
i made the trade so i can make money
so it's so why is it changed on b that
would be cash
because you're claiming that bitcoin is
decentralized
whether it's bitcoin you know core
bitcoin cash bitcoin sv
and now all of a sudden you implement
this developer tax
when you're gonna steal people's coins
you're gonna force the miners
to give up a percentage of their
coinbase reward
that they're the black reward to the the
developers
then you you just you just went against
everything you just said about being a
decentralized platform and
then you know bitcoin is about being
decentralized and censorship resistant
and permissionless so if you went in
there and you just changed the code
you're forcing it down everybody
that's censorship well
i i can't believe we're talking we're
only answering questions from the
audience here so that's why we're
talking about be
cast because you know i don't get that
but but with
with the be cashing do you think that
fork is actually going to happen do you
that that okay okay
and so then it's you don't want to at
that point you don't want it you don't
want to
have anything to do with it because it's
split and that's that's it for you no no
no
no okay so 80 of my money
is in an index approach okay so it's in
an index approach
and then 20 i make short-term trades
with you know
random coins that i like and do you have
a private stash at home that's just for
saving you don't have savings anywhere
you have you don't have any savings in
in bitcoin or anything
you don't you don't have um
and but but you don't like there's not
like a little bit of the crypto that
you're like i'm never touching this
thing this is my savings like
everything no money money doesn't you
don't make money when it sits still
i've never seen any asset class where
when it sits still you make money
it has to move and i'm not going to have
to move on
okay i understand you don't make money
from it not moving you don't have an
insure
any insurance that i mean you can use a
stash as your insurance like if
everything goes wrong in my life if all
these trades go bad
i've got this stash over here that's my
insurance points
that's in the us dollars man that's in
us okay okay okay this is the truth he's
speaking the truth
i'm here to make u.s dollars i'm not
here to stack satoshi's am i here to
stack ethers i'm not here to say any
crypto
i'm here to make as much u.s dollars as
i can
okay but in the future do you see a
world
that will value their wealth in bitcoin
or is it still going to be in usa
hey i mean that shit ain't gonna happen
overnight man i mean i'm not stupid
i see that you know you know you know
world banks and you know fortune 500
companies are keeping reserves of
bitcoin i'll convert my us dollars into
bitcoin
if they hold reserves in in in uh
ethereum i'll convert it
that thing ain't gonna happen overnight
i mean
we we started to see some firms
uh store some money in bitcoin yeah that
will continue that trend will continue
that's what i want to ask you when do
you think it will uh
and this is kind of putting you on the
spot get you when do you think it the
end of this decade next decade when you
see
that really it doesn't matter as an
individual for us it matters for the
companies
because they're moving billions of
dollars for you and i it's a million two
million a hundred thousand ten thousand
a thousand dollars but that's so small
we're just a little minnow man
well here's we got a lot of questions i
just want to get through these questions
with people
that's not when that time comes man when
that time comes
we can easily convert it like people say
value your wealth and bitcoins and stuff
you know
but i gotta pay my bills like the this
kind of let me in all my
uh bills and stuff is paid in in right
now it's in thai box i got converted to
tai ba
if i'm in vietnam it needs to be
converted to vietnamese don if it's in
the u.s i need to convert it into u.s
dollars
right and but at any time i can convert
it back into bitcoin so it doesn't
matter
it doesn't matter to me you know if
silver becomes
the the the the the reserve
currency of the world i'll convert it to
silver i mean i'm an individual man
you know even it doesn't matter if i'm a
millionaire or not man my millions are
fucking you know it's a tiny fraction
it's a tiny fraction it's not like we
got to convert you know apples
you know profits in ireland from 200
billion into bitcoins that's
gonna take several months several years
right or me and you we can convert it
with a click of a mouse all right let me
i just want to go over what people this
is super
gregor kovac sent 4.99 he said no
questions
just support for the channel big dog
well thank you gregor
for your glorious support now we got
another super
we got another pound that like button
says uh ty bobby bouchers
he sent 1.99 tag how low does this dip
go i i guess he's talking about bitcoin
uh how how low does the dip go he wants
to know
nobody knows man if a trainer tells you
he knows how low it's going to go he's
full of crap man
there's two things that commuters cannot
know there's no way a trader can know
this if any trader tells you they know
this
they're full of bs man there's two
things that a trader can never
ever answer there are two questions when
and how much when is it gonna happen and
how much am i gonna make
no one can answer that if any trader
tells you that and they're all there
doing you know bs technical analysis
every day and just so you know guys know
man you can tell how big a trainer is
by how much technical analysis he does
if he's managing a seven eight nine
figure portfolio
he's not doing that much technical
analysis man because you can't get in
and out of the market
with a seven eight nine figure portfolio
maybe you're trading ten thousand
dollars fifty thousand a hundred
thousand dollars maybe but when you
start stepping into the millions you
ain't
jumping in and out of the markets every
day or every week
there's no there's not enough liquidity
for you to do that
all right i i want to say that it's not
just traders who can't predict
when and how much it's anyone people ask
me all the time what will be the
what would be the price at the end of
the year i'm like dudes
long-term thinking go if you're if
you're like me and a buy and hold guy
you just gotta know in the future it's
it's got a bright future
you can't get impatient knowing what it
is next week isn't going to do you any
good
your if you want to know what it's going
to be next week or the end of the year
it's you you probably want to trade it
or something and
then get into another field
so let's give some actionable
information here actionable steps if
you're a non-trader
if you're a non-trader like
bitcoinmeister here right and you have
no intentions to invest time
or money to learn how to trade and you
just want to profit
from this crypto boom right just stick
with bitcoin
and ethereum just stick with the top two
coins
right and this is what i would do every
paycheck
i would take out a fraction that i can
afford so if i can afford a hundred
dollars
every two weeks from my paycheck i'm
just going to take 50 bucks and buy
bitcoin 50 bucks by doing it
and i'm just going to do that every week
no matter what the price is
okay why because there's no analysis no
thinking
and then i have a financial goal set
that's more important than if you know
how to do technical
analysis or know how to trade if you
have a financial goal like hey you know
what
my goal is to buy this house right
if the market pops up if i'm putting in
100
every two weeks in the crypto and in the
for
some ungodly reason the market pops up
100x
and i have enough money to buy that
house
or to pay off that debt or i don't
recommend paying off debt by the way
okay i don't believe in throwing money
after bad decisions
okay um you need
something that's going to change your
life like drastically change your life
then take that money and do it don't
wait for it to go up even higher like
when we were taking profits we were
taking profits from like
five six seven thousand all the way up
to twenty thousand and then all the way
back down to fifteen thousand
to fulfill because we wanted to retire
from our day jobs we didn't care how
high it goes
we're into this crypto guys to make
money to change our life
for the better we're not here to become
the next warren buffett
if you have an opportunity and the
market gives you an opportunity to quit
your job
or to buy that house and you've always
wanted or to get that
education that you've always wanted
because no one else in your family has
right or to be able to do that for your
kids or your family
go and do it do not don't worry if
bitcoins go into a million dollars or
not
live your life today man life is short
man i got three heart attacks already
i can die of a heart attack tomorrow who
knows man you know
yes it's hardcore hardcore there man
you were hardcore man whatever like we
have a lot of students man that
we produce you know several dozen
millionaires in 2017
with our training and and by 2018 you
know
half of them were no longer millionaires
because they didn't do what they were
supposed to do
people people don't have conviction
people don't have long-term thinking or
plans
i'm glad to give people a plan i mean
that's uh people just can't be flown out
there now
people people need uh a structured life
a lot of people do not have a structured
life now
i want to say there's a question out
there and i lost where the question is
but i know the gist of it i was going to
ask you about it anyway
someone's asking asking about what's
your what do you think about ethereum
pumping and what what's your take on
defy
um okay so i'm gonna write a detailed
article
because we've been getting a lot of
questions about that this d5 boom right
here
right and that there's one thing that
that i'll write more about it in the
article because i don't want to like
you know uh uh half-ass it and then you
don't get the complete information and
then make
the wrong judgments about what i say you
know and then i'll link to this video or
i'll mention it on my twitter
uh at uh ties in whenever i post the the
blog post in the next day or two
but there's like three different ways
that that that we can invest into this
d5 boom
okay and and uh
um i only recommend the lowest risk way
that i'll talk about in the blog post
i'm writing it right now you know i
stopped writing it to jump on this video
with you but i'll get back to it
after this video is done but here's what
we don't want to if you and it's high
you'll tweet it out because i i've
linked to taizan's
twitter below so please i'll see you now
yeah
yeah it's going to be you know have a
thai food team
uh you know plan to invest in the in the
uh the
the d5 boom okay very simple right
before i say what we're gonna i'll say
what we're gonna do in the article but
um
let me tell your audience what not to do
so they don't lose their ass
okay first of all guys we are so early
in this boom this is a crypto boom guys
that
don't do anything stupid and risky that
you're gonna lose everything
if you just the number one reason
that we have seen that people lose money
is they lose their tokens
it's not because they made a bad trade
is that because the market crashed 90
it's because they lose their tokens
you got to protect them if you just
protect your tokens and you hold on to
them with their life
the market is going to go up and take
you with it
you just gotta be patient you gotta have
long term things it's not gonna happen
overnight
okay so the thing that we don't want to
see anyone do
okay is lock your money up in a stupid
unaudited uh a smart contract
on the ethereum network on these d5
projects the
you you're giving them money and they're
locking it up on the blockchain
in in a piece of software just so we're
going to speak in simple terms here
when you send it to the d5 any of those
d5 prizes when they say they lock up
your money
right and you earn an interest rate on
it what they're doing is
they're putting on a smart contract
which is a piece of software that has
not been audited even the ones that have
been audited
they are not proven this is the
technology is so new
that no one knows no one knows when they
can be hacked at any time
just because it doesn't get hacked today
this year or next year
some of these hackers they see the bug
or the flaw in the software and they
wait for it to fill up
they're not going to hack it when it's
only got 50 million they're not going to
hack it when it's only got 100 million
they're not going to hack it when it's
got 500 million they're going for the
mother lode
okay so they're going to wait until it
gets bigger and then when they hack that
that damn smart contract everybody's
going to be crying
how do we know this because it's already
happened to our team we did we put
money into a smart contract a piece of
software called the dow
okay the dow that was the first one
and everybody lost their ass on it
that's why we got ethereum and ethereum
classic now
it was so bad the loss was so bad it was
in the millions of dollars
right that they had a hard fork even
though they said that the thing was
immutable it could never
reverse it a transaction or a hard fork
they had to do it to protect their ass
so they didn't get sued
okay so don't don't think that it can't
be done okay
so i would not put any money into those
lock it up into any of those
smart contracts that they claim is
defined in the article i will talk about
how to benefit from it how to profit
from it but i'm writing it right now
with illustrations and examples and
stuff
so all right and i just want to get a
quick take from you
d5 is not really decentralized is it i
mean
um i mean you just said if
it's a smart it's a smart contract it
can be happening yes yes and no the
answer is yes and no
the ones where you just send into a
smart contract and let the smart
contract do its job
that is decentralized because there's no
humans touching it because once they
code it that's it
there's no going back to change it but
now the ones where
the the company is holding the money or
something then yes it's not
decentralized
but here's the thing that you i'm glad
you brought that up about
decentralization maybe we should do a
different show on this
i think that it's a mistake
to go after decentralization even with
bitcoin
let me just say this real quick okay i
think it's a mistake that the community
keeps
going after decentralization decentral
it's not decentralization that we want
nobody gives a shit about
decentralization
the benefit is not in decentralization
the benefit is in what the
decentralization
does which is it's censorship resistant
it's permissionless it's unconfiscatable
these are the characteristics we want in
the network
decentralization is just one mechanism
to allow these other characteristics
that happen
and i think that sometimes people forget
that
they they forget if they forget it
because
they built this whole d fight the whole
d5 selling point is that it's
decentralized i mean
yeah but i want you guys to remember
this your viewers remember this
we're not the decentralization is not
what's important
the decentralization here is a tool that
allows
a censorship resistant network
a permission censorship resistance mean
no one
can stop you from making the transaction
if you want to send it to your friend
from the u.s to iran you can do it you
want to send to cuba
you can do it even though they're on the
u.s sanction list right
if you want to send to your college
somebody that lives in iran or or cuba
or iraq you can do it permissionless
means hey
you don't need no one's permission to
use the network you don't need it
you don't need to go you don't have to
go ask anyone hey man like like i and x
the guys that are are helping out with
the inx not not
not the inx token people themselves not
alan silbert in them
but the other place uh token soft or
whatever the other places
they're saying that inx is decentralized
it's censorship resistant
it is permissionless and everything
that's a bunch of garbage
because they need your kyc and aml they
need
you have to give them your identity and
who you are where you live how much
money you make and everything
and once they approve and give you a
thumbs up then you can buy their token
and transfer their tokens around right
that's not
permissionless you gotta get their
permission well let's let's actually
you've
actually brought up about permission
list we got a question from the audience
here about something
uh that you need permission to use do
you think
paypal will be like square and offer
their 325 million customers
a chance to buy bitcoin how will this
affect the price of bitcoin well
i think they are on the road i mean it's
been mentioned that they probably will
do that
yeah they don't allow that i mean
they're payment service so
bitcoin becomes the next thing a payment
you know uh
it gets used as a payment then i mean
why wouldn't they do it i mean
yeah well they allow will paypal be like
yeah okay they will do that
but and what will will that pump the
price of bitcoin i mean for me
personally
yeah i mean more people will have access
to it i'm sure it'll help the price of
bitcoin
i think it's it's bigger when some of
these corporations turn uh their savings
into uh into big
that's that's a more interesting
whenever i mean we'll see i mean
we're both positive our thesis
thesis okay is that is that more
companies
will hold reserves like they have extra
cash
they have extra cash right i forget what
the name of that one company is that
this uh
micro strategy micro strategy isn't like
micro strategy
so they got like i think it was like um
um
500 million uh i forget what the number
was uh i called 21 000 bitcoin
they had like 500 000 uh
500 million in reserves in cash reserves
and they converted 250 million of it to
bitcoin
because they feel that over the long
term that was going to
increase in value much more than the us
dollars would so
we believe that more companies will
start doing that
yeah and so if you're right now you're
listening to this and you have a company
where you have cash reserves like you
have you know runway for five ten years
right and you say you know what i'm
going to take five years of that one way
we're doing good we're growing as a
company we're getting more profits each
year
let me take five years of runway and
convert it to bitcoin
and when you do that you don't have a
choice you have to convert to bitcoin
you can't put it in
some other altcoin because there's not
enough liquidity you have a choice
so so whenever like micro strategy that
company that converted to
250 000 us dollars 250 million us
dollars into bitcoin
and they say that they're not doing it
with any other coins
they failed to disclose this to to the
public
that the other coins don't have enough
liquidity to absorb that much money
they but they don't have to disclose i
mean that's that's not their
they don't have to tell i mean people
should know that on their own no one's
gonna buy their
it doesn't benefit them to say that it
doesn't benefit them so they're not
going to say that
there's no lawsuits i think i think the
bigger the question going back to this
person who sent that
yen thank you for the 4.99 by the way in
that question
so do you think did you come away from
where i grew up in the ghetto that i
grew up do you think uh
the bigger question is do you do you
think it'll be have a bigger impact
uh than retail what you just said will
that that have a bigger impact on the
bitcoin price
than just all of these okay that's what
i thought
right all the subscribers on your
channel all the subscribers on my
channel tone bae's channel ivan on tech
all of these crypto youtubers channels
man all this combined ain't gonna buy no
250 million
well what what what this person i again
i'm sorry i can't pronounce
miss uh
a kong win
325 million people on paypal can
easily buy bitcoin very few of them are
actually going to do it
so i mean it'll it'll just it'll be a
trickle some will do it though and
that'll be that'll be good that'll be
good
because i want individual i want
individuals to get in on this
here's my philosophy though i gonna say
this and you're not gonna be happy about
this you and the other uh bitcoin
maximus are not gonna be happy about
this okay
and i already see evidence of it okay so
when the bitcoin boom
the crypto boom happens right bitcoin
runs up to twenty thousand fifty
thousand dollars right
i want you to picture the the new person
that comes onto crypto
and they log into especially from the
western countries they log into like a
an exchange like coinbase got a good
reputation so they go open an account at
coinbase
right and they look down the list and
they see bitcoins
twenty thousand dollars yeah they see
ripples 20 cents
they see chain link and they see all
ethereum they see all these other coins
that's
like sub one dollar coins
you can buy a quarter of a bitcoin or a
fraction of a bitcoin most people don't
know that
no no i got another
year don't even know that yeah i i agree
we we got a really good question here
that this guy's got here max
x says for both of us uh the sec
went after ether delta devs do you think
they will go
after uniswap and other d5 debts so
you you swap question there for you that
that's gonna be
difficult that that's going to be
difficult to do
and i'm not a licensed attorney okay and
i don't even pretend to be one online
okay but when i think that on ether
delta
i think that you have to ask him to list
it
i haven't used ether delta because there
wasn't enough volume on there for me to
even
mess with it right well but it's gonna
be hard because on the unit swap look
look guys look look you guys can
understand something here okay
we are traders investors and crypto
enthusiasts okay we are not law
enforcement
adam is not a cop i'm not a cop i've
never been trained to be a cop
neither has adam we're not lawyers we're
not training for none of this stuff okay
people are always making judgments about
what coin or what thing
is legal or not legal unless you have
lawyers on your team unless you've dealt
with the
you know u.s justice system you know and
the court systems
and have experience in that i would
leave that up to the law enforcement
people
i would leave it up to the law the cops
hey guys listen guys
the sec is not stupid okay they have
lots of cops there
and lots of people at finra lots of
people at the cftc
lots of people at fincen these guys are
trying to make a name for themselves
these guys out there all they do every
day is they're scanning the internet
to see what the next scam is so they can
bust them so they can make a name for
themselves and get promoted
and then go into private practice and be
able to claim that hey we busted these
guys for a hundred million dollar
scam or fraud or whatever okay he said
that's all they do every day
don't think that they're sitting there
not doing anything so when you guys are
sitting there worried about is this
coin a scam or this coin a violation a
law whatever you know
you don't have to do that worry about
your money worry about your tokens worry
about putting it in a hardware wallet
worried about protected
make sure that you you only mess with
coins that's on a recognized
major exchange has hardware wallet
support and you practice each week
you're practicing a fraction
back and forth back and forth even if
it's between your exodus
desktop wallet or back and forth you
know just so that
you have experience so you don't forget
how it's done because what happens is
when you gold and hold and hold with a
strong hand
three months later the hardware wallet
firmware might have updated the software
might have updated
these are just things that you don't
think causes problems but people lose
tokens because of this
you just you just had a good segue into
what we were talking about before but
didn't get to finish
uh your thoughts on that the hex
situation
the hex is a total scam
it's a total scam
complete keep in mind guys i've been
encrypted we saw the first bitcoin
cryptocurrency trading investing channel
on the internet that i know of
okay and i've only made one video
calling hexa scam you might as well
consider this one the second one
okay and i don't say that lightly about
any coins because i don't want to get in
trouble for it
okay right so here's the thing
i'm going to give you some
i want the audience to know the
difference between a legal
perspective in a personal opinion
okay let me start with the personal
opinion first
so i give you my personal opinion of
richard hartwin
right um okay
in in america guys if english is not
your primary language and you don't live
in america
um you know most guys that grow up with
the name richard
it's commonly we commonly call them dick
in america
okay that's very common so i'm not being
derogatory but i am
okay i'm calling him dick on purpose
because it's a legal
name in america okay so
dick hart which is richard hart okay he
is
uh and i can say that on the pg-13 too
because that is a name in america
for guys that are named richard so don't
ever name your kid richard
if you don't want him to go through hell
in america okay because that's the worst
name you can have
if you're a guy okay so dick hart here
right from a personal perspective this
is not a legal perspective from a
personal perspective
he's a piece of garbage how do i know i
have a background
in being in federal prison at seven
different federal prisons
in multiple county jails right four
and at each federal prison i was at we
had almost two thousand prisoners in
there because it's always overcrowded
right and the scumbags like him
if you bring descartes into any federal
prison or any state prison in america
and don't even open his mouth and you
ask all the prisoners
is this guy a crook or not they're gonna
say
yes okay now there's two types of
crooks in prison there's two types of
prisoners okay the ones that had to
scrape by
and they broke the law because they had
to scrape by
they were so poor they'll do anything to
scrape by
so they sell a few grams of drugs here
and there pity theft here and there
okay but they're not real criminals as
soon as those people get a job you never
see them back in prison
okay they just grew up in a poor
neighborhood they didn't know how to
make money they didn't even know how to
get a job
but once you get my job you'll never see
them back in prison
okay that's the majority of the people
in prison the majority of people in
federal prison
are there for drugs over 90 of them
the statistics will tell you like it's
only like 60 something but it's not true
it's over 90 okay they're in there for
drugs
if you just give most those people a job
you won't see them in prison
okay but there's a small minority of
people in prison they're
real criminals they are real criminals
these are the people that will slice
your throat in a heartbeat
right just to steal a hundred dollars
out of your pocket
those are real criminals and if you go
into prison
and you ask the other prisoners they
know which ones are which
okay i put you know dick hart
in that category of minorities that is
just a real criminal
he's a real crook okay and that's just
my personal opinion
okay now let's look at the facts the
facts are that when he built hex
right he was he claiming he was a
bitcoin maximalist
he cleaned all the all coins with shit
coins and they were useless they were
scammy and everything
even in 2018 behind the scenes he said
he's been working on hex for two years
that would put him in a timeline of
where he in 2000 late 2017
in early 2018 he was already working on
hex
because you don't just come out and just
make a a a a
software like that okay all the crypto
is software and we hire software
engineers all the time
you just don't go out and wake up you
and i wake up one day hey we're going to
make a new magic you know
adam meister coin and we just go and
just make the coin we got to hire
engineers we got to hire
people to build it right that takes time
so that means that
if he is if he's true
that he's been working on for two years
on hex that means that
he was a bitcoin maximus he claimed he
was a bitcoin maximus while he's working
on hex in the background
another piece of garbage hypocrite so
i'm just using the facts that he's
presenting
he's on there with his stupid ass
candles you know right trying to look
cool and everything
and trying to look you know uh uh uh uh
uppity and shit
there was a straight scammer man if that
dude went to prison man
all the prisoners would know that he's a
scammer in 30 seconds
there's not one guy in prison that
wouldn't know he's a scammer let's get
to the issue so why is henry
scam in your okay now we look at the
legal perspective the legal
what i just share with you personal and
you can agree or disagree
now we're going to go into the legal
okay now we had
we hire a senior uh uh uh
sec attorney a former senior sec
attorney
for 12 years at the sec to review all
our training programs all our training
courses and everything okay
and he taught us one thing okay about
the howie test he goes
when you offer an investment you have to
register with the government
with law enforcement you cannot just go
out there and offer an investment to the
public
in america under american law richard
hart is an american
resident he's an american citizen he has
to abide by
u.s laws financial law whether he likes
it or not and whether you like it or not
whether you believe it or not he still
has to abide by those laws
because he lives in the country he's
under the jurisdiction of the u.s
financial system right in the howie test
is four questions
the first question is to determine if
that is a security or not
right we to determine if what you're
offering people is an investment
contract
and then security is one form of an
investment contract okay
you gotta answer yes to all these four
questions so the first question is
did you give richard hart money
the question is yes so if you sent an
ethereum to him
right you gave him money right now
people say hey
if you have a bitcoin address like you
do you have bitcoins right you can just
uh uh uh receive the fork the the
airdrop
of his hex okay well for you it's not
the quest the answer there would be no
but if if
if if somebody out there was ignorant
about the law and immigrant that
didn't know that he was a scammer and
they give send him the money
then the answer is yes and a lot of
people send him money because we know he
received several million dollars
at that ethereum address that he posted
on his website so
there's evidence that people sent him
money so the law is going to look the
law enforcement people are going to look
at that and say
he did receive some money but that's not
enough to make it
you know a violation of u.s laws because
we got three more questions to ask
the second one is did the people that
was there an expectation of profits
okay now if you go if you if you didn't
send him any money and you go and
withdraw
the bitcoins from the airdrop the hex
coins from the airdrop because you own a
bitcoin address
right did you do that because there was
an expectation of profits
or did you do it at the kindness of your
heart no you did it with the expectation
of profits that's the key right there
was there an expectation of profits
and then the people that sent him to the
ethereum you asked them
did you expect to get a profit from
sending the ethereum
to this uh uh a human address owned by
uh richard hart
the answer is yes nobody's gonna say no
to that well well the other thing is
i mean on the site it was there was
wordage that was shocking
promising uh i mean i i i don't
it it seemed like he was promising
profits well it wasn't
you can't do that in america and i'll
get to that but with a little that
there's more clues but i'm just gonna go
with the basic one that the law is gonna
that our that our our senior sec
attorney advises on
okay he said is there an expectation of
profits the answer is yes
can anyone say no to that can you think
of an incident a case
where someone would send them ethereum
and not expect a profit out of the
transaction
can you can you can your viewers can any
of you guys watch this
no one's going to send them again about
the goodness of their heart no of course
not no
okay okay so that's we're going to agree
that this is yes
but what he's going to say is that it's
not really his etherium address that's
right
okay okay okay we'll get to that in a
minute we'll get to that let's answer
these four questions first
the next question is this right right
is it going towards a common enterprise
meaning that is that
is that money that everybody's pulling
in that's sending to him is it for a
common project
so let's say that if i give you some
money
right if i give you somebody to invest
for me
the answer would be no because it's only
one to one person it's only one person
but when there's multiple people there's
a large number of people it's all the
money is pooled
it's going into a pool right
so when it's a common enterprise or a
common project
right if you want to excuse me if you
and i just built a solar field out here
and we get electricity from it
and we sell electricity back to the city
that's not a common enterprise it's only
just me and you
we can just be business partners so
that's not the answer that would be no
but in this hex project we're sending
money into a common enterprise
called the hex project we're sending
into a common project called hex
right so would you agree
yes yeah and you're sending it to a
common product yes it
the hex project it's going to the hex
project yeah so the answer is yes
okay so the last question okay this this
is the
this is the big one right here because
this question if it's yes to this
question
then he's running a scam if the the
answer to this question is no
then we cannot call him a scammer even
if i dislike him i'm not gonna call him
a scammer
okay this question here is
right it's the efforts
the efforts of that project is it out of
your it's not you it's somebody else
doing it
in other words if all the people that
sent him the money
they're all pitching in to help him okay
every one of them then the answer is no
but if everyone is pitching in and
they're just sitting back waiting for
him to do the work
then the answer is yes so when you when
the people sent him to the ethereum
are they helping him code are they
helping him review
the the the software to make sure
there's no bugs in it
are they doing anything to contribute to
the success of that project
the answer is no
this is no right yeah so uh
are the man the efforts outside your you
know it's outside of your control
right and the answer is yes it's i'm not
i'm you know the people that's sending
him to ethan i'm not stupid enough to
send him the ethers but the ones that
are
and they're sending him the ethers it's
outside it's not their efforts
it's dickhart's efforts that's gonna uh
make this
project uh grow or not so because of
that
that if the answer is yes to all these
four questions called
this these four questions is called the
howie test and you guys can go
and search for it right the howie test
if the answer is yes to all these four
questions
then that project is considered an
investment
and you have to register with the us uh
government agencies before you're
allowed to offer to the public
okay so i mean his big mistake
was sell was selling it basically yeah
if it was just an airdrop you wouldn't
call it a scam
it can still be a scam but i wouldn't
call it a scam okay it can still be
con constitutes a violation of u.s law
just because it's a free coin does not
and i thought that too until
our sec attorney said no because he
cited several cases where
american companies were giving out free
stocks to their company
and they were in violation of the same
law and i asked and i said but but
they're free
they didn't take any money he goes no
because you're generating value with it
and now it becomes money so he
our lawyer ties a huge lesson just
because it's free does not mean it's not
a violation of the law
okay so in that case if he just did the
air dropping
only right i would not open my mouth and
say that
that he's a scammer or that hex project
is a scam
but because he accepted money then
that's it that that's a
you know it meets the requirements of
all those four questions
and when you got idiots dumbasses like
peter mccormack and there's other idiots
that call him uh a scammer they're
calling him a scammer based on their
personal opinion
they're not citing law they're not he
has to violate a law
for it to be a scammer you can't call
someone a scam or a scammer unless they
violate the law
or they broke their promise to the
people they're dealing with
so so far you know he said hey i'm going
to do this for the the
the software you know the hex software
and apparently it's doing it
so you can't call him a scammer because
of that you got to call him a scammer
because he violated u.s financial laws
so that's why when you got idiots that
don't know anything about crypto or the
law
like peter mccormack and getting on
there and telling oh you're a scammer
you're a scammer you're a scam
the reason why he won't debate me
because i'm calling out on that
i'm not i don't care about the
technicals of how hex works
or the the technology or how the
contracts work or how the staking works
how the interest payments work i don't
give a shit about that did you violate
the law when you offered investment
to the public did you register or not
register you didn't
okay and then now you won't go back to
your point about
but tai he said that he don't know who
owns the ethereum address
let me ask you guys something if the
if the police come over to your the drug
in uh
the the drug enforcement agency the dea
which is
the the police that's in charge of
busting people for drugs in america
if they come into your room right now
and you have a kilo of cocaine in your
room
and you said man i didn't know that this
was under the bed
do you think they're gonna believe that
no do you think they're gonna let you
off free
well let me tell you something i've
never seen an instance i have several
friends that are still in prison
they're from uh uh buena ventura which
is a a
fishing city out of um the country of
colombia
and these are poor fishermen man it's
it's
ungodly evil how the u.s government is
treating these prisoners man
these guys are poor fishermen they were
hired to go work on
a fishing boat and they fished on there
for two three months
they never saw any drugs they never saw
anything these are just poor fishermen
right and what happens is the drug
cartels would have their cartel members
in prison
for life in america so to get a reduced
sentence they say hey
i'll snitch out you know i'll give you
some some tips on
these big loads that are coming through
from colombia
so what they do is they have their
family members or their cartel members
load up these
boats these fishing boats with like 5 10
15 tons
of bogus cocaine bogus drugs
and it's not like that cocaine but it's
the weakest absolute garbage cocaine
they don't know stuff with like five
five tons inside the the fuel tanks in
these fishing boats
now i know that this can be done because
i used to build fishing boats before i
went to prison that's what i did for a
living
i worked at the shipyards and we built
uh fishing boats right
it's very easy for me to put five tons
of contraband on your boat
and then hire you as a fisherman and you
would never know the five times the
drugs are inside the bubble
and so what happens is they would put
these guys these colombian guys from
buena ventura onto these boats and
they'll be out there
and also in three months they get
stopped by a u.s navy
and arrest them and take them to america
and they quickly
burn the boat so there's no evidence
okay
and then they put these guys in prison
for 20 30 40 years
for 5 10 tons of cocaine that they don't
even know about
those guys do not know about the cocaine
in the boat trust me
okay they do not know about it this is a
big deal because in the city of bueno
ventura
right it's happened to so many fishermen
right
and the the the people the leaders of
the city
they're starting to say like okay these
guys are such big joint viewers how come
their families are so poor
their parents don't even have sandals to
wear
okay so because of that right all i'm
saying is that
claiming that you don't know who owns
that ethereum address
is a bunch of bs you think that the
courts or the law enforcement agencies
are going to fall for that
you really think that you're gonna that
they're gonna fall for that
come on guys that's a lot of people
don't understand how the law works man
in the u.s man
when you come in there they don't give a
damn what you say man if they look at it
and here's the evidence
here's it you're going to prison then
there's no answer but
that's like when when all these people
talk about free ross and everything
russ ulbrich you know the guy that
started the silk road
he's got two life sentences for for
building a platform for people to sell
illegal contraband illegal drugs
you can say whatever you want about oh
you know he shouldn't have that two life
sins he shouldn't do this and that right
he did not get the two life sentences
because of that website
he got a lot of time for that website
but the two things
that enhanced his sentence okay that
enhances sentence into our two life
sentences
one was they charge him with a cce
cce stands for career i mean continuing
criminal enterprise continuing
criminal enterprise they made that law
so they can go after the mafia and the
drug cartels
the terrorist groups anybody that runs a
criminal like if you're gonna just rob a
bank and then you quit
they punish you for that and that's it
but if you purposely
bring drugs or you do something and you
do it as a
business they want to slam you
and hope you never come out of prison
again so
if he just built a website right and
sold drugs one time
and it was just him alone it wouldn't be
a big deal
but he had thousands of people around
the world
operating on it on that platform so they
charge and they enhance his sentence
with the cce which is continuing
criminal enterprise and that's how he
got the life sentences
the other thing the second thing that
enhanced his sentence to get a double
life sentence
was that he said like over 800 000 worth
of bitcoins
to get like i think like four or six
people
killed like he paid for it already
you cannot go online and pay somebody
to go kill somebody else and think
you're gonna get away with that
and a lot of people say oh he didn't get
charged for that you're right he didn't
get charged for it because they already
put him in two life sentences
for the drugs already they don't need to
go after waste more money
to go after the murder charges right and
you might and a lot of people say well
he didn't kill nobody it was just the
undercover company he was dealing with
it doesn't matter in america
if an undercover cop comes and talks to
you and he makes a deal to buy
a ton of cocaine from you even if the
cocaine was never delivered
and he sent you the money and you
received it right
that means the transaction is done
you're gonna get the time for that one
ton of cocaine
even if it never shows up even if the
cops never get it
that's how the laws work in america do i
like that or not
right it doesn't matter that's the law
in america and that's how
they prosecute people in america so we
can't sit there and say that we're
against it or
we don't like it if you don't like it
then don't do it
i i do have a question about since you
brought up ross do you think he should
be let out of jail
just personally on a personal level do
you do do you think uh
you know everything that you just said
everything you just said
you explained why he's a jet what i
don't believe anybody should be locked
up in prison for life
for a victimless crime he didn't kill
somebody
right but and if
i believe that if the law if you're
living in that piece of land
if you live in this piece of land right
here and they say that
you know this is legal and then you live
in this pizza land over here and it says
this is illegal
then that's up to you pick which land
you want to live in
you can't live in the land that when it
says that's illegal like if you want
to carry a gun and it's legal then come
to texas
right get your permit you can carry a
gun it's legal but if you go to a state
like
you know maybe like california or new
york where they say hey they don't want
people carrying guns or you know
there's laws against that well then if
you carry then you're in violation of
the law
right i have friends that went to prison
for 10
20 50 years for marijuana and now
marijuana is legal in america
in the same country
yeah it's uh so it's not it's not up to
me guys it's not i'm not the one
making the law i'm not the one enforcing
the law so don't jump on my ass
when i'm just telling you what the law
is in america
all right let's uh let's wrap it up here
because we went beyond bitcoin
we had other there were other questions
i could only see the super chat ones i
think we
covered so much today tai so uh thank
you for for taking time a lot of time
today to be on the show
and you you got in you covered beyond
bitcoin topics and bitcoin topics and
trading and all call me
we heard it all so everybody if you just
join the show review it
spread the word it was an interesting
one you could play it at 2x
do you have any conclusionary remarks
ties in anything you want to share with
the audience
is anything on your mind follow he's
linked to below pound that like button
follow him on twitter listen
look this boom is is gonna be huge we're
still early in the crypto market
it's only 375 billion market cap last
time i checked you know
the market cap of apple stocks
is 2 trillion we are so early guys we're
still
early protect your coins do not touch
any coins that do not have a hardware
wallet support if you're not a trader
you're not a security expert only mess
with the coins
that have a hardware wallet support okay
only mess with that and only mess with
the coins that have
a major exchange listing if you go to
our website at cryptocurrency.market
www.cryptocurrent.market
faq we have a list of all the exchanges
that we have ran at least a million
dollars through none of those exchanges
paid us to list their
names there right we've used it and our
team has ran at
minimum a million dollars through that
exchange for that wallet
before we it goes on that list so we we
are confident
that it's fairly safe okay do not keep
your coins on the exchange
a lot of you guys that live outside of
america that's listening to this channel
you guys think that oh coinbase is a big
exchange
finance is a big exchange they never
like that
outside the u.s adam just so you know
they have this concept that if it's a
big company it can't fail
you're laughing but i'm telling you
that's what they believed i didn't
realize that until i left the u.s
they have this belief that oh my name is
it's unfortunate to have that belief are
you kidding
every exchange that we have used have
been not business since 2012
with the exception of coinbase i think
they haven't been hacked yet they have
but they're doing business
all the ones got hacked and went out of
business either they get hacked by
computer hackers or they get hacked by
law enforcement and they're out of
business like btc
oh yeah okay so if you guys just
guys don't try to do all this fancy
footwork guys
if you want to profit from the crypto
market use a hard
only mess with coins on the hardware
wallet only touch coins that have a
major exchange
listing if you are a western resident if
you're in europe or in
if you're in the us or something if they
don't allow you
to trade on binance don't try to use a
vpn do all these other stupid nonsense
to get around the law
and go and use their their their their
website
because you have no protection if you
get hacked or something
you can't even sue them if you get they
have no responsibility to you because
they told you you can't use it
and the coins that's on that exchange
why would you want to touch it for
if you had to sell it you can't sell in
the us
right so don't take that risk guys just
whatever coin that's in america you
stick with that
whatever coins available to you in
australia and canada and europe just
stick with that
you don't have to go outside and
whatever you do do not
touch any coins that are not on an
exchange listing
if it's not our exchange guys just think
about that if that coin does not have
the ability to get on an exchange
that means that they have no connections
they have no talent they have no money
they have no influence to get on an
exchange
why would you want to touch that form
when there's six thousand other coins
out there when there's 100
coins on the exchange already that have
exchanged listing and hardware wallet
why would you do that why would you take
that risk for it they're gamblers
so many gamblers so many games
you're on the tip of the spear when it
comes to gambling i mean you got to
admit that
you know with me i'm telling people to
buy and hold i'm not going to
encounter as many gamblers as a guy
that's teaching trading i mean it's just
here's the thing guys if you lose money
it's not a scam it's because you know
what you're doing
just because you lost money doesn't mean
that's a scam it just means that you
don't know what the hell you're doing
personal responsibility is the new
counterculture
and uh that is actually that is a great
i think this great way to wrap it up
because uh
taizen it definitely uh he knows
personal responsibility
definitely has learned it the hard way
too
uh and so i'm glad you're spreading the
word to the people
you do your thing over there there's so
many people doing so many different
things in this space
and uh you know people make your own
decisions you
you could be a traitor i can't stop you
from being the traitor uh but i tell you
what i do
just the strong hand and ty tells you
what he does and uh
ty's all always energetic and love to
have you on this freaking bitcoin show
and it's been great having you on this
show
okay you're about to say something else
hey i gotta ask you something this about
you adam you know what what do you do
nowadays man since you got all this free
time
what do you do nowadays i just run i do
a show every single day
i know but i'm not outside the show like
you know you're golfing you're walking
the beach
running running running every day the
health the fasting
the researching the reading uh
and the travel but the travel has been
kind of cut down a little bit lately
but no i mean nothing nothing too out of
the ordinary i mean you don't have any
crazy uh i mean the the running takes up
the working out it all takes time you
know
i love eating i love you i only eat once
a day one meal a day
one one meal a day so i love cooking
adam because i noticed man that
you know crypto you know has given a lot
of us
freedom you know you myself our team
many other people freedom
financial freedom where we don't have to
work a nine-to-five job every day
and one thing that i've learned man is
that
you know there's a lot of things that we
dreamed about you know
having a fancy lifestyle and all these
you know big doodads and material wealth
you know and what i've learned man is
that
you know having this financial freedom
just gives me more time just to
do the little things like you know i've
always wanted to
like practice martial arts and learn
martial arts when i was young but i was
too poor and working all the time
to learn it you know so just being able
to just go and
hit the bag for 30 minutes you know
or just go work out you know and be able
to do it
like without rushing like when i used to
work on wall street you know
man it was like a rush like everything
was a rush eat breakfast it was a rush
eat lunch it was a brush
russian get back to work rushing to do
this rushing to do that everything was a
rush man
and and you know you know the most
luxurious thing
that i can do today is man it's not
freaking rush to go do everything yeah
this isn't
it's it's like words can explain how
valuable it is
you know that's why you asked me the
question and that that's
i gave you that answer like it's the
freedom
the freedom with your time that you have
that you don't
have to report to anyone and you can do
things
at a pretty leisurely pace and it isn't
about acquiring like
all these cars and stuff as a kid you
think getting getting wealthy is you
know i'm going to get this
lamborghini i'm going to get this that
and the other just having control over
your time
and being able to do simple things like
reading i just started reading fiction
books again it's uh
you know able to explore who you really
are and
you have to actually live it to
understand it i can't really put it on
the words you're trying to put it into
words right now
but remember guys assets certain assets
or
their attack vectors i mean if you have
too much stuff you can get sued for all
that stuff i mean
there's a there's a certain freedom
gives you a certain simplification
uh a way to simplify your life too so
you
you can't uh have things holding you
down things can hold you down definitely
like for example okay like for example
like
i've talked to several people in ho chi
minh city and bangkok where
i'm talking to them and i can see
that they're russian to get someone they
have to get somewhere
and i can sense it i can sense the
urgency where they gotta go they gotta
go like they can't
live in the moment they can't focus on
this
moment that we're in whether we're
drinking coffee eating lobsters or
eating a corn cob or corn on the cob or
something
they can't really focus on it because
they got a rush to get back to work they
haven't rushed to get over here
they're rushed to beat traffic you know
and it's
it's just that's just really if you're
maybe one of these days we can do an
episode where we talk about how
our lives have changed or how we live
our lives thanks to the financial
freedom from crypto you know
yeah i don't want your your audience to
think i'm a hypocrite or something
you know because after i buy my house i
will buy the lambos and the ferrari i
just don't have a place to park them so
i can't buy them right now you know
but i just know when your eyes say hey
you know taya you said this and
everything and then
you know judy's like uh what are you
doing running around in the lambo or
something
you know so i just want to disclose that
you know
but that's not just being like if i meet
you in person
and we just go and just you know go chat
or something you know
i'm gonna be living in a beach city so
if we're walking down the beach or
something
and we're drinking a coconut and we're
just discussing different parts of our
lives or something
it's really nice man to not have to rush
to know that you don't have to rush
either to get me
and this is something but by the way
tyson i i do we will meet in person one
day i want to tell everybody
tyson and i have not actually met in
person like lots of guys on the show i
have
but men person but
we're unique beasts when you have
freedom
whatever way you acquire your freedom uh
you can just stay and do what you want
to do that's another awesome i think
that's what
you're you're also touching on that you
say whatever you you say whatever you
want to say because you can't get
cancelled
i can't you can't get fired from your
job this is this
freedom this is being a unique being
yourself that is
that's how things have changed and i
think that's how i think
people if people become wealthy i hope
they
you use that wealth or that to enjoy
true freedom
because there's so many people in this
world they might be making 200 000
a year but they're working for a big
corporation and they got a wife and kids
and they can't say certain things
because
they'll get kicked out of the private
school and they'll get kicked and
they'll get fired from their job and
and so so you use your wealth to be a
unique beast
or use your freedom to be a freaking
i'm glad you brought that up when i
worked at the trading school when i was
flying around
all the the major cities in america
teaching people how to trade stocks and
forex and coaching them
on that and stuff you know did you know
that i was not allowed to talk about
crypto
it doesn't surprise me at all do you
know how hard it was for me to sit there
and when a student asked me hey man you
hear about this bitcoin what do you
think about it
for me to sit there loaded with bitcoins
at that time
loaded i'm buying every damn bitcoin i
can with every check that i can every
bonus that i get
you know every dollar that i have i
would sell stuff around the house i
didn't need to buy
you know 200 300 bitcoins you know you
know how hard it was for me to sit there
and you know to comply with the school's
policy
that i couldn't talk about bitcoin and
then guess what when i retired in 2017
some of the students contacted me go hey
man how come you never told us about
bitcoin
you know in our our channel you know we
produce
you know several you know several
millionaires
on our channel and i feel bad that i
couldn't talk about bitcoin
in in the trading classrooms well this
is okay
we don't have to cut we have defiance uh
defiance
and we can be defined we can do what we
want to do now of course
since you do run a business that it is
regulated there are regulations you have
to
i mean it
but you could quit the thing is is
you're wealthy enough now you could just
give up the whole trading business and
then you could
say whatever the heck you want to say
you want to work but you know what
but but you know why we choose to follow
the us financial laws because that's the
highest standard in the world
right and we actually get more business
doing that
we get more business by following
the us financial laws because the people
that
that we cater to the clients that we
have the customers that come to us
they appreciate the fact that we have
all our content reviewed
by an sec attorney before we release it
to the public
and that's where our paid courses guys
not not our free stuff you know
that there's in america whenever you
start accepting money from people
there's huge laws that you got to
surpass and make sure that you comply
with
if it's free then most of it you know
they don't care but when you start
you know accepting money from people
they want to make sure that you do this
this and this yeah
i think i i hope people learn that from
when you were talking about hex that
that that aspect of things but you just
repeated
is i mean that's basically what your
whole hex rant was when you i mean when
you take money from people
and you're a united states citizen uh
you're uh you're getting into a
very interesting uh legal realm well
okay let's let's wrap it up because it's
two i want to get it keep it under two
hours i think youtube does something
weird
but ty thanks a lot again thanks for
having me here bro
all right dudes i'm adam meister the
bitcoinmeister the disrupt meister
pound that like button you can say it
too i know you like to say it what's
that on your like button all right dude
it's like this all right and you know
what
make sure you share this video with all
your friends that are getting into
crypto
or don't understand why hex is a scam or
why you know i don't call something a
scam until
it violates a law or violates an
agreement you know a promise between two
people or two parties
all right dudes and we will be back so i
will be back tomorrow with some guests
uh for friday's this week at bitcoin
show 2 p.m baltimore time
have a good day everyone have a good
night taizen see you guys later bye bye
thank you
