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#Where can I buy gold in Cameroon
bslmgoldgovnet · 1 month
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How to Order Gold from Cameroon
How to Order Gold from Cameroon with the Ministry of Mines
How to Order Gold from Cameroon Online at a cheaper price. Where can I buy gold in Cameroon? You can order Gold in Cameroon from the Bertoua Savanna Local Miners (BSLMgold) in Africa Cameroon. Gold Buyers in Cameroon are very generous and helpful. Where To Sell Gold Bullion For Sale online at low rates from trusted vendors in Africa. If you looking for the best Gold Companies in Cameroon in 2023, you will find BSLMgold the number of trusted and reliable Gold suppliers in Africa. Buy Gold In Cameroon has become a priority for all tourists coming to visit our mining companies. We have therefore decided to merge our company with the Ministry of Mines in Cameroon to get the Exit Cemac permit buyers‘ authorization before purchasing Gold in Cameroon.
Where can I find gold in Cameroon?
In Cameroon, there has been more than a decade of increased expansion in small and medium-scale gold mining, particularly in the eastern and Adamawa regions, because of the rising price of the raw material on the world market and the discovery of many deposits.
How to Order Gold from Cameroon without getting Scam from fraud and fake Ministry of Mines website. If you looking to buy Gold in Cameroon from trusted and verified vendors and miners. Make to have the BUYER’s AUTHORIZATION PERMIT to get Gold shipped to the country location. Kindly make sure to download the FORM and fill in the information, Then revert to us for confirmation and application for your AUTHORIZATION PERMIT
Does Cameroon have gold mines?
In Cameroon, gold mining is developing chaotically and remains out of the government’s control. However, statistics from the Cameroonian Ministry of Mines show that gold is one of the most sought-after mineral substances by mining companies in the country. So if you looking to buy or invest in Gold from Cameroon, Buyers must have a Cemac exit buyers permit license from the Ministry of Mines before we can transport Gold out of the country.
Where is the best place to find gold?
Rivers and streambeds are the best places to look for gold. However, there are also several other places where gold can be found. Beaches are another commonplace to find gold. Beaches usually have a lot of sand and sediment, so it is important to look for pure gold in the crevices and cracks. You can also invest in Gold from Cameroon now in 2023 without any problems.
Cemac exit permit license
Ready to purchase gold from Bertoua Savanna Local Miners (BSLMgold) in Africa Cameroon? Not too fast. You may not be quite ready to place an order yet. Before you proceed to the order form, please read this very vital piece of information below.
An EXIT Buyer’s Permit is required by anyone venturing into the business of buying gold and other precious metals in the EXIT region (Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon, and the Republic of Congo). The EXIT Buyer’s Permit is a license that ensures that every transaction is done, certified, and verified by the government through the Ministry of Mines.
Visit the download page of the Ministry of Mines, Industries and Technological Development or click on this direct like to download the EXIT Buyers Permit Application Form.
Buy Gold from Africa Cameroon.
Bertoua Savanna Local Miners (BSLMgold) in Africa Cameroon’s goal is to have a unique inventory of gold nuggets, bars, and specimens at fair prices for our customers. We price our gold at a level that we know they will sell. I’m sure you have seen mineral dealers on the web who always seem to have the same inventory in stock because their prices are through the roof. Bertoua Savanna Local Miners (BSLMgold) in Africa Cameroon Ltd is NOT one of those sites! We are constantly updating inventory.
The primary purpose of the EXIT Buyer’s Permit issued by the Ministry of Mines is to authenticate the buyer and give him/her the legal right to purchase gold and other minerals in Cameroon. No authorized seller is permitted to sell to anyone who does not hold a valid EXIT Buyer’s Permit. NOTE: Inex Mint Will Take Care Of The Exit Buyer’s Permit If Your Order Is Above $10000
Exit Permits cost
 Three-year permit – 5,500$ USD
 Five Years Permits – 7,500 $ USD
Note: Before buying from any seller in Cameroon, please request their seller’s license and check for its validity on the License Verification Page. If you notice that someone claiming to be a seller gave you an invalid license number, please contact us for advice on how to proceed with your engagement because such a seller may not be authentic. How to invest in Cameroon Gold now in 2023 with the Bertoua Savanna Local Miners (BSLMgold) in Africa Cameroon.
Additionally, after Buying the permit, you are expected to pay the spot Shipment fee as a blow.
After the presentation of the Exit Permit & Authorization of Spot Shipment document, the courier will now begin with the delivery of Gold to the Buyer’s Refinery anywhere in the World. Gold Companies in Cameroon
Cost of the Authorization of Spot Shipment Document
The cost depends on the quantity of gold or diamond.
For Gold:
1-30 Kilos= $4000 31-50 Kilos= $7000 100-500 Kilos=$10,000 500-1000 Kilos= $18,000
For Rough Uncut Diamonds:
10-50 Carats= $3000 51-200 Carats= $6000 201-500 Carat= $8000 501-5000 Carats= $10,000 5001-25000 Carats= $15,000
We are now working with verified Gold investors located in Cameroon. So kindly note that this is the official procedure and requirement for everyone wishing to buy gold from Cameroon legally. We advise you to respect all these procedures so that we can all grow.
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mightyflamethrower · 7 months
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MrBeast’s Philanthropic Effort Draws Unexpected Backlash for Constructing 100 Wells in Africa to Supply Clean Water Because He is “White” (VIDEO)
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The best thing that could happen to Africa is for them to be recolonized.
The well-known philanthropist and YouTube giant, MrBeast, has encountered a wave of criticism after his latest project in Africa.
Jimmy Donaldson, popularly known as MrBeast, faces a fresh wave of scrutiny following the release of his new video showcasing the funding and construction of 100 wells across various African nations. The digital philanthropist anticipated backlash, stating he expects to “get canceled” for his charitable actions, which have historically drawn fire.
MrBeast, who has previously faced labels such as “white savior” and been called “demonic” for his humanitarian content, has now been accused of overshadowing the efforts of local governments and international organizations. His initiative, stretching across Cameroon, Kenya, Somalia, Uganda, and Zimbabwe, will provide clean drinking water to approximately 500,000 people.
The wells were constructed in villages and schools across Africa and were created using giant drills to access pure water sources underground.
In addition to the wells, MrBeast’s video features donations of educational supplies to Kenyan schools and the construction of a bridge to facilitate community access to medical facilities and educational institutions.
Even Costco Is Now Selling Gold Bars – But How Do You Buy Gold if Your Money Is Wrapped up in a Retirement Account?
Despite the tangible benefits of these projects, the social media star has been met with mixed reactions.
“I already know I’m gonna get canceled because I uploaded a video helping people, and to be 100% clear, I don’t care. I’m always going to use my channel to help people and try to inspire my audience to do the same,” the social media star wrote.
Taylor Lorenz, a far-left reporter, addressed the concept of monetizing kindness, suggesting that the YouTube star’s approach could be perceived as exploitative.
“No one is “cancelling” you for “helping people”, you’ve received extremely light criticism in the past for the way you’ve monetized “kindness” content that some vulnerable people found to be exploitative,” said Lorenz.
“Encouraging young people to exploit vulnerable communities for content which they can then profit off of enormously, is the issue,” Lorenz added.
No one is “cancelling” you for “helping people”, you’ve received extremely light criticism in the past for the way you’ve monetized “kindness” content that some vulnerable people found to be exploitative.
Meanwhile, Albert Nat Hyde, a Twitter activist, rebuffed the idea of Africans needing water donations, criticizing what he views as a capitalist agenda beneath the guise of charity. He also added that the word “wells” is offensive.
“Wells in 2023 is offensive; why not boreholes or pipe-borne water? – Africans do not need water donation; we ain’t that poor and thirsty. – Africa is a continent with 54 countries; he must be specific where he went – This is capitalism; he wanna low-key use these countries for profit – He has set Africans for global ridicule by building wells we never asked him for,” Hyde wrote.
Mr Beast 100 wells is disrespect to Africans – He described the entire Africa as a village with its people living in huts – He projected that all Africans lack good drinking water – Wells in 2023 is offensive; why not boreholes or pipe-borne water? – Africans do not need water… pic.twitter.com/X8k12kvdp3 — Albert Nat Hyde (@BongoIdeas) November 5, 2023
Francis Gaitho, a Kenyan political activist, argued against what he perceives as a perpetuation of African stereotypes, accusing MrBeast of reinforcing the narrative of African poverty for content views. Gaitho emphasized the continent’s desire to move beyond philanthropy that serves external interests over genuine developmental progress.
“America is part of the problem,” said Gaitho, adding, “And you, Mr. Beast, are not supposed to be coming here to validate some of these long-held stereotypes that Africa is poor.”
MR BEAST IN KENYA Content creator #mrbeast was in Kenya drilling boreholes in 100 schools across the country. Also there’s a bishop from Naivasha called Abiud Masinde who has been accused by an American benefactor of stealing donor money meant to build a school. pic.twitter.com/QdZCwOamoy — Francis Gaitho (@FGaitho237) November 5, 2023
Saran Kaba Jones, the founder of FACE Africa, also weighed in, expressing the challenges of sustaining such humanitarian projects. She acknowledges the frustrations of seeing a well-resourced figure like MrBeast, a “white male,” garner immediate attention.
“I’ve been doing this for 15 years, but we’ve been struggling to continue the work because funding, awareness, and advocacy all take work,” Jones told CNN, adding, “overnight, this person comes along, who happens to be a white male figure with a huge platform, and all of a sudden, he gets all of the attention. It’s kind of frustrating, but it’s also understanding the nature of how the world is.”
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savannalocalminers · 1 year
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Where To Get Cemac Permit FROM CAMEROON
Where to invest in Gold from Africa online, How to invest in Gold with huge profits. How can I buy Gold from Cameroon, Gold where to order in Africa online. Gold where to buy online, Gold Cemac Permit company, Gold exit permit for sale in Africa. Exit permit for Gold buyers online. gold mining in Cameroon, how to invest in gold in Africa
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Cemac Zone Buyers Permit Cameroon, Where To Get Cemac Permit FROM CAMEROON, CEMAC License Scams (Cameroon Gold Scams)
Where To Get Cemac Permit FROM CAMEROON: The CEMAC Buyers Permit is issued by the Ministry of Mines and Energy to show that the buyer is an approved buyer of Gold and Diamonds with the CEMAC you can buy and ship your Gold across the world without any problems. You can get your Cemacn permit license from [email protected]. BslmGold.gov.net is a verified license vendor of Gold in Cameroon and also works with minmiidt-gov.net the Cameroon official's Ministry of Mines website which is authorized to issue the cemac or exit permit license in the Cemac zone.
CEMAC License Scams (Cameroon Gold Scams): CEMAC License Scams (Cameroon Gold Scams) are one of the worst things happening in the world. As you know fake sellers turn to lie or scam buyers to issue the CEMAC license for Gold purchase from Cemac Zone. Further even scam investors who are trying to travel and invest in Africa.  So BslmGold.gov.net in collaboration with minmiidt-gov.net has come to close agreements to fight against CEMAC License Scams (Cameroon Gold Scams). If you looking to get the Cemac or Exit permit license kindly get back to us via email [email protected].
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Cemac Zone Buyers Permit Cameroon: Cameroon cyber crime fighters have come up with an organization to fight against Gold scams in Cameroon, Cemac Zone Buyers Permit Cameroon came up as a result to the BslmGold.gov.net and minmiidt-gov.net combat the Gold scams in Africa Cameroon.
Where to invest in Gold from Africa online, How to invest in Gold with huge profits, How can I buy Gold from Cameroon, Gold where to order in Africa online, Gold where to buy online, Gold Cemac Permit company, Gold exit permit for sale in Africa, Exit permit for Gold buyers online, gold mining in Cameroon, how to invest in gold in Africa,
Cemac Zone Buyers Permit Cameroon, Where To Get Cemac Permit FROM CAMEROON, CEMAC License Scams (Cameroon Gold Scams)
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xrpripplecrypto · 3 years
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Buy XRP USA Canada UK Australia Worldwide
Looking to Buy XRP, Sell XRP USA Worldwide? XRP Ripple Cryptocurrency for Cash! We also provide reviews for the best XRP exchanges, XRP wallets, and XRP news!
How to Buy Sell XRP Ripple
So, you’ve decided to invest in XRP Ripple. However, you’re confused and don’t know where to start - you're wondering, how to buy XRP? With so many options available, it can be difficult to choose the best option for you. Plus, there are lots of things you need to think about before you start making payments.
Learning how to buy XRP in USA can be a confusing process. It doesn’t have to be, though. In this guide, we will give you the answers!
How to Buy XRP?
The process of buying and selling XRP has been made a lot simpler over the last few months. There are a few important factors that you must think about before buying XRP:
Payment Method
The most common and accepted payment methods to buy cryptocurrency include: credit card, bank transfer, or even cash. Different websites accept different payment methods, so you'll need to choose a website that accepts the payment method you want to use.
Type of Cryptocurrency
Not all cryptocurrencies are available for purchase on every website. You will have to find a website that sells XRP that you want to buy.
Cost of Fees
Each website has different fees. Some are cheap, some are not so cheap. Make sure you know how much the fees cost before setting up an account on any website. You don't want to waste your time verifying yourself and then find out the fees are too high!
How Much You Can Afford
As with any investment, you should never invest more than you can afford. I recommend speaking to a financial adviser first.
With those 4 factors in mind, we can move on. When you buy your XRP, though, where are you going to store it? I'll give you a hint: it's not your bank account.
Cryptocurrencies
Bitcoin BTC | Ethereum ETH | Binance Coin BNB | XRP | Tether USDT | Cardano ADA | Dogecoin DOGE | Polkadot DOT | Uniswap UNI | Litecoin LTC | Bitcoin Cash BCH | Chainlink LINK | USD Coin USDC | VeChain VET | Solana SOL | Stellar XLM | Theta Network THETA | Filecoin FIL | TRON TRX | Wrapped Bitcoin WBTC | Monero XMR | Binance USD BUSD | Terra LUNA | NEO | Klaytn KLAYIOTA MIOTA | Aave AAVE | PancakeSwap CAKE | EOS | Cosmos ATOM | Bitcoin SV BSV | Crypto.com Coin CRO | Polygon MATIC | BitTorrent BTT | FTX Token FTT | OKB | cUSDC CUSDC | Ethereum Classic ETC | cETH CETH | Maker MKR | Tezos XTZ | Algorand ALGO | Avalanche AVAX | Dai DAI | Kusama KSM | cDAI CDAI | Huobi Token HTTHOR | Chain RUNE | Compound COMPE | lrond EGLD | NEM XEM | Dash DASH | Chiliz CHZ | Holo HOT | Decred DCR | Zcash ZEC | Synthetix Network Token SNX | Enjin Coin ENJ | Zilliqa ZIL | Stacks STX | Hedera Hashgraph HBAR | Celsius Network CEL | LEO Token LEO | Sushi SUSHI | NEXO | Amp AMP | Decentraland MANA | TerraUSD UST | Waves WAVES | Fei Protocol FEIS | iacoin SC | The Graph GRT | DigiByte DGB | Basic Attention Token BAT | yearn.finance YFI | Bitcoin Gold BTG | Huobi BTC HBTC | UMA | Fantom FTM | Qtum QTUM | ICON ICX | Liquity USD LUSD | Pirate Chain ARRR | Ravencoin RVN | Helium HNT | Ontology ONT | Horizen ZEN | 0x ZRX | WazirX WRX | Arweave AR | Harmony ONE | Bancor Network Token BNT | Ankr ANKR | Flow FLOW | XDC Network XDC | IOST | ECOMI OMI | SwissBorg CHSB | Reserve Rights Token RSR | Paxos Standard PAX
Nationwide USA
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Worldwide
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Cryptocurrency Wallet
A XRP wallet is where you store your cryptocurrencies after you have bought them. You can compare a cryptocurrency wallet with your bank account. In the same way that you store traditional currencies (USD, JPY, EUR etc.) in your bank account, you will store your cryptocurrencies in your crypto wallet.
There are a lot of easy-to-use and safe options to choose from. It is important that you choose a highly-secure wallet, because if your cryptocurrency gets stolen from your wallet, you can never get it back.
There are three types of wallets:
Online wallets: The quickest to set up (but also the least safe);
Software wallets: An app you download (safer than an online wallet);
Hardware wallets: A portable device you plug into your computer via USB (the safest option).
The wallet you need will depend on which cryptocurrency you want to buy. If you buy Bitcoin, for example, you'll need a wallet that can store Bitcoin. If you buy XRP, you'll need a wallet that can store XRP.
Luckily, there are a lot of good wallets to choose from that can store multiple cryptocurrencies.
Where to Buy Cryptocurrency?
To learn where to buy XRP, you’ll first need to know where to purchase XRP stock. Just a few years ago, there were only a few places to buy and sell cryptocurrencies. Now, though, there are a lot more! Let’s look at the different places and ways you can get your crypto.
How to Buy Cryptocurrency at Cryptocurrency Exchanges?
XRP exchanges are online websites that let you exchange your local currency for cryptocurrency. Exchanges are the most popular way of buying cryptocurrency. I recommend newbies to use these exchange websites as they are easy-to-use and quick to set up.
Payment Method: Most of the exchanges accept payment by bank transfer or credit card, some of them also accept PayPal.
There are a lot of exchanges for you to choose from. Each one of them has different levels of security and they each accept different types of payment methods. Most exchanges will ask you to follow the steps below before you can start buying cryptocurrency.
Check the security of the exchange. This is the most important thing you need to consider as investors have lost lots of money in the past when the exchanges have been hacked.
Transaction fees – the lower, the better.
The number of payment options available: do they accept bank transfer, credit card, PayPal, etc.?
The amount of time it takes to activate your account — if you’re in a hurry, you might not want to wait a long time to get verified!
Which cryptocurrency options they offer. For example, if you want to buy the XRP token then you need be sure that the exchange you choose sells the XRP token.
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dentalinfotoday · 5 years
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Want to comfort and celebrate your child losing baby teeth with a memorable tooth fairy tradition? Well, don’t tell anyone…But, since he’s a dentist, my dad knows her personally. 🧚
I’m here to fill you in on the best ways to celebrate the tooth fairy, plus what she’s paying out these days and how to get her to email your child a personal congratulations on losing a tooth.
(Want us to send your child an email from the tooth fairy? You can skip to the section on how to write a tooth fairy letter, or just fill out the form right here.)
Get an Email from the Tooth Fairy
Disclosure:
Ask the Dentist is supported by readers. If you use one of the links below and buy something, Ask the Dentist makes a little bit of money at no additional cost to you. I rigorously research, test, and use thousands of products every year, but recommend only a small fraction of these. I only promote products that I truly feel will be valuable to you in improving your oral health.
When the Tooth Fairy is Your Dentist Dad
The tooth fairy remains one of my most vivid memories from childhood. Perhaps having a father as a dentist will do that.
When I was seven years old, I accidentally swallowed a loose tooth during a baseball game. I was devastated that the tooth fairy wouldn’t be able to come. My parents acted disappointed along with me.
Yet, lo and behold, that night, she did come. The next morning, I woke up to a hand-written note explaining that she had flown down my mouth to retrieve the tooth. This magical visitor warned me to be more careful next time, as it was quite the ordeal for her and she had many other children to visit that night.
But this was all over 20 years ago. As I prepare to carry on the tradition with my own daughter, I wanted to find out—what’s changed? What hasn’t? What does playing the tooth fairy for my child look like in 2019?
And, to be honest, I had some reservations about “lying” to our daughter. Personally, I was devastated when I learned that Santa Claus, the Easter bunny, and the tooth fairy weren’t real at the ripe old age of 10 (I know, I know).
What does a tooth fairy do?
First, a child loses a baby tooth and places it under their pillow or on their nightstand. The tooth fairy visits while the child sleeps, taking the tooth and exchanging it with a coin, a note or receipt, or a few dollars.
But is that all the tooth fairy does?
I’ll be honest…Even though I had happy memories of this mystical experience from childhood, I questioned whether I wanted to carry on the tradition with my child. Isn’t it lying? And isn’t it a bizarre thing to be exchanging old body parts for money?
But the more I learned, the more I realized that the tooth fairy is actually a crucial part of a child’s development during what can be a scary time.
Perhaps that explains why the origins of the tooth fairy extend hundreds of years back. Some report the Tooth Fairy showing up in print as far back as 1927, and perhaps as far back as the beginning of human history.
According to Michael Higston, a reporter from Salon, “Every recorded human culture has some kind of tradition surrounding the disposal of a child’s lost baby teeth.”
Here are a couple stories shared with me in a Facebook group of fun tooth fairy experiences:
“I didn’t grow up in the U.S. and there’s no tooth fairy where I come from. You sing a song for the mouse to take your tooth and bring you a nice, shiny one instead and throw it on the roof. That’s what I’ve been doing with my kids. Nowadays they ask why the tooth fairy doesn’t come to our house.”
“Our tooth fairy is named Lucinda. She’s a good fairy, but she’s a bit absent-minded, as fairies tend to be. Sometimes she’d lose her way and may take a few days to get here; sometimes she’d leave a coin but forgets to take the tooth. Last night she took only 1 of the 2 teeth under the pillow but left a few gold coins. We talk about Lucinda’s antics endearingly. We think she is Lucinda in Ella Enchanted and we think she will come back for the tooth she absent-mindedly left behind last night.”
To Provide Comfort in Pain & Fear
The tooth fairy myth offers comfort during this strange and uncomfortable time, and provides magic and even meaning for children in a developmentally appropriate way.
Losing a tooth can be quite scary, especially for younger children.
This is something I had forgotten as an adult—but there’s the anxiety of the long period where you have a wiggly tooth and you’re waiting for it to come out. I remember refusing to let anybody touch by wiggly tooth, even as my parents begged me to let them just take it out—it got so loose that it was actually leaning to one side!
I was protective of the tooth, anxious about the pain, and unsure of what it would be like to lose it. Once the tooth did come out (my dad had to pull it out), there was pain and blood.
The tooth fairy is the celebration of a milestone as well as comfort to children through what can be a scary or uncomfortable transition. It’s traumatic for a child to lose a body part, especially for the first time!
To Celebrate and Motivate
And for other kids who aren’t afraid, losing a tooth is something to celebrate. The tooth fairy marks the occasion for both parents and kids. Who could complain about adding a little magic to a child’s life?
Some tooth fairies leave a note along with money to praise the child for good dental hygiene habits and oral health. This can be extremely motivating for a child and provides motivation to brush and floss.
What does the tooth fairy look like?
Depending on where you live, the tooth fairy might not be a “fairy” at all. Children’s teeth are taken night after night by mice, tissues, and even trees. We share some stories from around the world in the next section, but here’s a fun map of a few of the ways the tooth fairy is depicted.
Ask your child! “What do YOU think she looks like?” Guaranteed, you’ll get an interesting answer!
Tooth Fairy Stories & Traditions Around the World
Since nearly every culture in the world marks the loss of baby teeth in different ways, I searched for what this looks like in countries around the globe.
In Spanish-speaking countries, France, as well as Belgium, children leave their lost teeth under their pillow for a little mouse. The American tooth fairy is not dissimilar from el Ratóncito Pérez. This mouse collects the tooth in exchange for a coin, similar to the tooth fairy.
In many Asian countries—including India, China, Japan, Korea and Vietnam—children throw their lost tooth on the roof or bury it, depending on whether the lost tooth came from the upper or lower jaw.
Hence the title of this book, which details traditions from all over the world when children lose a tooth: Throw Your Tooth on the Roof.
Here are some of the ways the “tooth fairy” celebrates lost baby teeth in various countries, quoted from Throw Your Tooth on the Roof:
North America
United States/Canada: We celebrate with the tooth fairy, who visits during the night to pay us a few dollars for losing a tooth. Sometimes, she leaves a note!
Mexico: “I leave my tooth in a box on the bedside table in hopes that El Ratón, the magic mouse, will take my tooth and bring me some money. He leaves more money for a front tooth.”
Navajo: “My mother saves my tooth until my mouth stops hurting. We take my tooth to the southeast, away from our house. We bury the tooth on the east side of a healthy young sagebrush, rabbitbrush or pinyon tree because we believe that east is the direction associated with childhood.”
Yellowknife Déné: My mother or grandmother takes my tooth and puts it in a tree and then my family dances around it. This makes certain that my new tooth will grow in as straight as a tree.
Central America & the Caribbean
Costa Rica: “My mother takes my tooth and has it plated with gold and made into an earring for me to wear.”
Dominican Republic: “I throw my tooth on the roof of my house so a mouse can come take it away and bring me a better one. Sometimes I get money when I do this.”
El Salvador: “I put my tooth under my pillow. My father says that during the night a rabbit will come. It will take my tooth and leave me some money.”
Guatemala: “I put my tooth under my pillow and wait for El Ratéon to leave me some money.”
South America
Argentina: “I put my tooth in a glass of water. During the night a little mouse called el Ratóncito will come and drink all the water, take my tooth, and leave me some coins or candy in the empty glass.”
Brazil: “I throw my tooth outside and say this poem: Lovely birds, dear birds, take away this tooth of mine and bring another one to me.” The birds only take clean teeth so I must brush my teeth every day.”
Colombia: “I put my tooth under my pillow and wait for a mouse called El Ratón Miguelito to take my tooth and leave money in its place.”
Chile: “I give my tooth to my mother. She will have it made into a charm, set in gold or silver, so I can wear it as a necklace or an earring.”
Venezuela: “I put my tooth under my pillow. While I am asleep, a mouse will take the tooth and bring me some coins.”
Europe
Turkey: “If my parents want me to grow up to graduate from school, they might bury my tooth in the garden of the university. If they hope I will become a doctor, they bury it in the garden of a hospital, or they bury it in a soccer field so I will be a good soccer player.”
Denmark: “I put my tooth under my pillow at night and wait for the tooth fairy called Tand Feen to take my tooth and leave me some money.”
England: “When I go to sleep, I put my tooth under my pillow and wait for the Tooth Fairy to come.”
France: “I put my tooth under my pillow. A mouse, La Petite Souris, will come to take it and leave a gift for me.”
Sweden: “I put my tooth in a glass of water. In the morning my tooth will be gone and a coin will be in the glass.”
Africa
Cameroon: “I throw my tooth over the roof, shouting, “Take this bad tooth and bring me a new one.” Then I hop around my house on one foot and everyone laughs.”
Egypt: “I wrap my tooth in some cotton or a tissue and take it outside. I say, “Shining sun, shining sun, take this buffalo’s tooth and bring me a bride’s tooth.” Then I throw the tooth high up, at the eye of the sun. (The Arabic word for bride is aroussa, which also means a candy or sweet.)”
Mali: “I throw my tooth in the chicken coop. The next day I might find a big fat hen in the coop and my mother will make chicken soup.”
Nigeria: “I hold my tooth in my fist with eight stones to make a total of nine (a girl will hold six stones and her tooth to make seven). Next, I close my eyes, say my name out loud, count to the number in my fist, and say, “Oh, I want my tooth back!” Then I throw them and run away. It is very important to run away.”
South Africa: “I leave my tooth in a slipper in my room. Tonight a mouse will come, take my tooth, and leave me a gift. My sister is afraid of mice so she left her slipper outside her door. The mouse left her a present anyway.”
Asia
China: “I put my upper tooth at the foot of my bed and the bottom tooth on the roof. My parents say that it will make my new tooth grow in faster.”
Kazakhstan: “I drop my tooth under the bathtub and say, “Mouse, mouse, bring me a new tooth, please.” We don’t have any mice in our apartment but I do it anyway.”
Kyrgyzstan: “I roll my tooth in bread and give it to an animal, preferably to a mouse because they have healthy sharp white teeth that grow quickly. If I feed it to a dog, I might get ugly yellow dog teeth.”
Russia: “My mother said to put my tooth in a mouse hole in the ground.”
Lithuania: “I keep my tooth as a keepsake.”
India: “I throw my tooth on the roof and ask the sparrow to bring me a new one.”
Sri Lanka: “I close my eyes and say, “Squirrel, squirrel, take this tooth and give me a new one.” Then I throw the tooth on the roof and run into the house without looking.”
Philippines: “I hide my tooth in a special place and make a wish. A year later, if I can still find my tooth, I can make another wish.”
Australia & New Zealand
Aboriginal Australians: “My family helps me put my tooth inside the shoot of a pandanus plant so that when the pandanus grows into a tree, my tooth will grow too. There are spirits in the pandanus leaves that will look after me while my tooth is growing.”
Australia: “I put my tooth under my pillow and wait for the Tooth Fairy to take my tooth and bring me some money.”
New Zealand-Maori: “I put my tooth under my pillow. My parents will collect the tooth and give me a small gift. Then they will throw my tooth into the mighty river, the Waikato. My tribe is named after the river.”
Want to see more countries and beautiful illustrations from these stories and more? I highly recommend sharing Throw Your Tooth on the Roof with your child!
8 of Our Favorite Tooth Fairy Ideas to Celebrate Losing Baby Teeth
1. Use foreign currency.
A coin from Canada or Mexico could indicate where the Tooth Fairy’s last visit was, and maybe spur a fun conversation for a kid who loves travel or geography!
2. Give a toy or book instead of money.
You know your kid best—and hey, wouldn’t it be fun to get to be Santa more than once a year?
I also love this toothbrush to encourage fun toothbrushing time, if you’d like to get a more dental-specific gift.
3. Use Sacagawea coins for added whimsy.
Go to the bank and stock up with a roll of gold Sacagawea coins. A $1 coin costs $1 and you can get them at the bank. They’re legal tender!
There are 20 primary teeth, so get 20 coins if you don’t want to make a second trip to the bank.
4. Have the tooth fairy send your child a gift.
Gift a tooth pillow or a fun monster pillow with a tooth fairy receipt notepad. I love these for anyone worried their child will recognize their handwriting but who still wants to leave a note! Plus, it comes from the tooth fairy herself.
Have a more tech-loving child? Especially as your little one loses baby teeth and is learning to read, we’d love to send them a personalized email from the tooth fairy.
All you have to do is click the button below and enter your email, name, and child’s name.
Get an Email from the Tooth Fairy
5. Use a printed tooth chart.
Print out a chart to let your child see their tooth losing progress. This lets them take an active part in their mouth.
When kids do this, they take care of their teeth for life, so it’s much more than just a fun tradition!
6. Write down how it fell out in a little journal.
These stories are fun! Snap a photo of your child for the baby book for memories they’ll one day be able to share with their children.
7. Share the reality of why the good fairy is a celebrated fictional character.
For parents like me who are worried about “lying” to their children, check out this book which was recommended to me by several moms: The (Wonderful) Truth About Santa.
One reviewer put it best:
“Miraculously, this book tells the real truth about Santa Claus in a way that makes it even more joyous and beautiful. If you have young children and celebrate this aspect of Christmas, you need this book at some point.
“If you’d rather not deceive your children about the reality of Santa, you can begin reading this book to them now. If you prefer to take the “Santa is real (and literal)” approach, this book can help you explain it to them once they discover the truth.”
8. Go all out with the fairy experience.
Amazon sells pixie or fairy dust that you can sprinkle on the money left by the bedside, around the house or, if you really want to go all out, you can sprinkle the dust outside the window and down the street!
Whatever your particular brand of whimsy, leaving “evidence” of the tooth fairy’s visit can help create a magical and exciting experience.
How much does the tooth fairy leave these days?
Ever wondered what the going rate is for the Tooth Fairy? We decided to run a tooth fairy poll of over 1700 US parents and find out…
Here’s a chart of what we found. Scroll below to see the map!
State Average Payout Alabama 3.08 Alaska 3.83 Arizona 2.97 Arkansas 3.72 California 3.61 Colorado 3.47 Connecticut 3.23 Delaware 4.46 District of Columbia 3.71 Florida 2.97 Georgia 3.7 Hawaii 3.57 Idaho 3.36 Illinois 3.41 Indiana 3.42 Iowa 3.91 Kansas 3.62 Kentucky 3.2 Louisiana 3.22 Maine 3.06 Maryland 3.2 Massachusetts 2.56 Michigan 3.33 Minnesota 3.29 Mississippi 3.12 Missouri 3.43 Montana 4.35 Nebraska 3.27 Nevada 3.93 New Hampshire 3.77 New Jersey 3.21 New Mexico 3.6 New York 3.53 North Carolina 2.97 North Dakota 4.15 Ohio 3.11 Oklahoma 3.86 Oregon 2.87 Pennsylvania 3.28 Rhode Island 4.02 South Carolina 2.75 South Dakota 3.62 Tennessee 2.8 Texas 3.56 Utah 3.25 Vermont 3.98 Virginia 3.12 Washington 3.23 West Virginia 3.86 Wisconsin 2.74 Wyoming 4.33
How to Write a Tooth Fairy Letter
There WILL be a time when you are busy and forget…so tell the kids you have to email the fairy for a tooth pick up. That way, they know to blame you for forgetting to notify the tooth fairy instead of the fairy for having fallible magic.
If you’d like to send us an email, we have a partnership with the Tooth Fairy herself and will respond to your child! Just click the button below to enter your information.
Get an Email from the Tooth Fairy
Have a forgetful Tooth Fairy in your house? You’ll want to hang on to this email address so you’ll be able to send a note to her supervisor and act just as disappointed along with your child. (You’ll even be able to respond to the tooth fairy’s email here at Ask the Dentist!)
The tooth fairy also sometimes leaves notes in tiny cursive, written with a sparkly purple gel pen. The notes can answer anything! Think about these options:
Questions left by the kids (Where do you live? How old are you?)
Comments on how long it had been since she has visited
Plights about how tough it was to get to our house on a windy night
How excited the tooth fairy was to see a clean room
Resources
If you love printables and creative giveaways as much as me, you’ll love these resources for celebrating the tooth fairy:
Scholastic’s Letter to the Tooth Fairy — Help your child write a letter to the fairy about their lost tooth experience and teach them good vocabulary!
Party with Unicorn’s Printables — From a tooth fairy certificate in pink or blue, to a printable door hanger, to a box to store a lost tooth, these free printables are a ton of fun.
Party with Unicorn’s Tooth Fairy Coloring Pages — Got a little one who can’t get enough of creating art? These sweet coloring pages are perfect for celebrating a visit from the good fairy.
Momdot’s Tooth Fairy Receipt — Train ‘em young to keep those receipts! 😉 Seriously, though, your kid may love a personalized reminder of the tooth they lost.
Tooth Fairy Pressed Penny — No printer? Want a more tangible gift your child can keep through adulthood? This pressed penny keepsake is a perfect option.
Celebrating Childhood
It’s not just an outdated tradition—it’s important to help kids with a major milestone.
Some parents don’t make it so literal—they tell the kids, “we pretend the Tooth Fairy comes.” Some parents go all out. Some parents abandon the tradition altogether—who needs yet another thing? You know your kid and yourself best.
“For this kind of thing, we love to do the traditions, but I say something like “we pretend the tooth fairy comes and does x y z” instead of “the tooth fairy comes and does x y z”. It’s like a fun game we play together which kids love to do with adults, and still feels real and very magical to small children, but also doesn’t set us up for a potential moment of betrayal down the road.”
Our daughter is only two years old, so I don’t know what we’ll do for her when she loses her first tooth.
But what I do know is that the Tooth Fairy will definitely be paying her a visit—whether it’s with a toy, a note, a little Tooth Fairy door, or a shiny gold coin.
I can’t wait to give her the same magical experience that I shared with my dad when I was a kid. Yes, it’s kind of an odd tradition, but why not create a new memory with your child and have fun with it? Otherwise, it’ll be just another day.
My advice—you do you! With our daughter, we like to make every tradition our own with a little spin on it. Lower your expectations and see where it leads you.
You and your child may have funny stories to laugh about years from now!
The post 8 Fresh Tooth Fairy Ideas + 2019 Rates by State [Parent’s Guide] appeared first on Ask the Dentist.
from Ask the Dentist https://askthedentist.com/tooth-fairy/
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bslmgoldgovnet · 1 month
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heatherrdavis1 · 4 years
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BITCOIN RETAIL MADNESS!! URGENT BITCOIN KEY METRIC BTC Halving Tron Defi
VIDEO TRANSCRIPT
And we’re live. Yes. Welcome to another episode of Good Morning Trooped on here on an Island on Take. We are, of course, broadcasting live straight out of Stockholm, Sweden. And we do the show each and every day at 8:00 a.m. Central Time. I come to like an atomic clock. Each and every day. Today, we have some very significant news about retail adoption guys. Retail investors are here. And it’s so very important to keep track of this important metrics that show us when new blood is coming into Bitcoin and is coming into groups. And today, we have some phenomenal news in regards to this important, important happening. Number one, we see that most of cash apps revenue actually came from Bitcoin in the first quarter. That’s absolutely insane that most of the revenue, most of the revenue actually came from Bitcoin. We’re going to schools that we’re also seeing Google trends go absolutely wild right now. We’re also seeing some on chain metrics showing that the number of active entities in Bitcoin is also approaching highs. We’ve not seen before, at least since the last bull run up to 20, Kate. But we’ve not seen them before, since the bear market started. We’re really now entering some significant times. And obviously, if you zoom out a bit, you see that we still have the speak from the last. The bull market when we basically went to 20 K for one Bitcoin. But if you look since then, if you look since then, then we haven’t even seen the speech that we’re seeing right now in terms of active entities, active entities. So this is unchanged data. We have a lot to discuss in regards to that. Also, we’ll be covering Bitcoin as a protest. This is an amazing piece of news, amazing piece of information and perspective on Bitcoin as a social movement. It’s not only a some kind of competitor to PayPal, it’s not only some kind of small, you know, money app. Whoa, man, man, man. John, John, John, thank you so much. Fifty dollars. You’ve spent so much money on the V. Fireworks even lagged out. We had so much fireworks when you send that man. Thank you so much. Thank you so much. Hello, Ivan. From McCully’s off in in the forty nine state of Alaska. That’s amazing. John, really appreciate you. Thank you for your Bitcoin donation that really, really appreciate that. Thank you very much. And then finally, we’re going to discuss strong guys, because you know that Tron is gone. I get money from the government. They’re getting two million virus relief. You all know that. And it’s so important to look back at what to try and spend their money on. You know, that they spent four million on the lunch with Warren Buffet. And also the man himself told you that his coins, the shit consulate just played for it for a bit. Let me know if you hear the sound. I’m not sure why China is drawn. I’m not sure why China is drawn. I imagine you get the point together. It’s all fine. It’s all fine. This just in. Senators have humor. Yes, humor. You can not say anything against that. But anyway. Yes. Welcome all who is watching live on. I don’t do that. Com slash live. How are you all doing? So good to have you here. And if you’re watching on YouTube, unfortunately, I’ve already missed the live show you should go to. I haven’t seen that. Come slash life. You’ll get to this page right here. Then you have to subscribe. You have to enable web policy and you to enable and notifications and telegram so that you’re actually part of our community. And, of course, see the chart rolling. I see the chatter online. I see crypto now. I see women. I see it, man. I see crypto meakem. I see mining Bernau. And I saw Fabrice. Michael Gold crypto Yoda. Mining you three nine five at Thomas T Argel Crypto your day again. We have so many people. Jourdan guys. Welcome. Welcome, welcome. Let me know where you are tuning in from. The chat is going absolutely mad right now. Absolutely mad right now. That’s so amazing to see. Crypto fruit, crypto fruit, always donating one dollar. That’s amazing. Thank you so much. Shrimp, the fruit slippy star Loukas Sertoma. Yes. Let me know exactly where you are tuned in from. Let me know exactly where you are pointing your dishes. You know, dish into the space to get the signal. And they were drinking black coffee. No milk, no sugar involved. As always. As always. Indonesia, San Francisco, Amsterdam. Guys, guys, this is global. We’re going global. We’re taking over the world literally, literally. We’re taking over the world. Now we have an important breaking news message from our friend, the moon. Straight from the moon. We have breaking news. The US national debt just broke up of twenty five trillion. It’s unbelievable. Unbelievable. And guess what? It will just continue to skyrocket. There is no end to this. It is growing exponentially, is gonna grow even more exponentially. This is the debt clock we’re talking about. We’re talking about national debt going above twenty five trillion. And, you know, it was just 20 trillion. A few years ago. And the faster or the more the more forward in time we’d go. As we progress in time, the faster it is growing because it is exponential growth. So if you see how fast we’re gaining an additional trillion. That speed is suggesting Greece increase increasing. Very soon, we’re going to see 30. Very soon we’re going to see 50, because once again, it is exponential growth. Do not underestimate it. We have debt based money in order to really have any economic activity. You need to take on debt. It’s all debt based economy. It’s not going to go down. I don’t think this number is ever going to go down. It’s just going to go up and more and more exponential. So let’s keep looking at some very important metrics in the top 10. We have Bitcoin at plus actually three percent outperforming all old coins in the top down, completely killing based. Basically, Bitcoin is the only green asset in the top eleven, even in the top eleven, followed by Car Dunnam, which is top twelve with only zero point thirty five. And looking at the top gainers, overall level numero Hyperion, Virge zero x eve. And looking at the biggest losers today. Well, the following. Hello. Hi, Matt. Hi. Falling again. Really, really a shame for Hive that they’re falling and falling. Falling through the floor. Did you buy it? Eight percent. We have a unique bright seven Zilka. Down six percent. Engine Quinn five percent. So quite some stable movement overall in the markets. We don’t see any crazy losses nor crazy gains. But for Bitcoin, of course, it is amazing. It’s absolutely amazing that we are pushing towards nine point five, which is a critical level, nine point five K. That could literally take us very quickly to 13 K and above. So that’s key. That’s important. What else is important is that we do have our collaboration with BYB it you can trade Bitcoin if you ex or Pete. You can long. You can short. You can make money when the market goes down or up because you can long or short. And you know, we have our bonus land. You get access to the bonus land. If you go to Ivano, take dot com slash live. You see all of this bonus land right here with BYB it firm XStream dot com. If you use those links, you have to use those things. So please do that. But only for professional traders. Only if you know what you’re doing. And finally, we have a very important webinar in a few weeks on made the twenty eighth about how to stack massive, absolutely colossal amounts of Satz in this bull market that is coming. And you better be prepared because if you don’t have this knowledge, you will miss out on the opportunity. So it’s completely free. And the take this, if you haven’t taken it before and if you’re not in decades, mean that’s the most important things. And go and click the link below. Right now, you find the link below. Go and do it and click it now. No. One reason why we’re here today. Why we’re here today on this fantastic Thursday morning. The sun is shining. The birds are flying around. They’re Twittering. What did the birds do? Is it that they’re twittering or what? Because in my mind, Twitter is stealing this bird sound. Is that. Is that what. Birds chirping. Birds chirping Exactly. They’re chirping, chirping around. But the reason why we’re here is because we are seeing right now the search, the search phrase by Bitcoin going wild on Google. Let’s get old Gene, the introduction. And this is something you cannot ignore, especially when you look at the countries. You see that Nigeria is actually number one when it comes to the interest for buying Bitcoin. And you know that we’ve been discussing it yesterday that Africa is absolutely going wild right now in terms of Bitcoin interests, in terms of Bitcoin trading, in terms of peer to peer transactions. They’re setting new highs all the time because that is where a lot of currencies are collapsing. That is where people really need sound money as soon as possible, as soon as soon as possible. So you see Nigeria, Ghana, Cameroon, and then you see Santorelli, name them and Cypress. But the top three countries are actually Africa. So that’s key. What else is important is that this is not only an African phenomenon. Obviously, we’re seeing cash apps, revenue being mostly from Bitcoin, being mostly from Bitcoin. Now, cash app are playing a long term game and they will explain, too, because they are smart. These guys are very smart, you know that really they are part of Square. Square is run by Jack Dorsey, who is also the CEO and founder of Twitter. And this guy, he’s so amazing when it comes to his crypto strategy. If you look at any take billionaire, if you look at any successful person in technology, Jack Dorsey has the best and most important crypto strategy because he is literally taking over the market without us really perceiving him as a as a significant player. But he is having a very long term game. Here is why you see that the bulk of the revenue is from Bitcoin in cash app. So that’s important. But if you look at the at the profit, it is so small. It’s very small. So despite those numbers, Bitcoin comprise a small fraction of cash app’s profits. Only seven million out of one hundred eighty three million. Why is it so? Well, because in the beginning, when you have a new service, you don’t want to be charging your customers. You want your customers to basically use it for free. That is exactly what Jack Dorsey is doing with squarest cash app. Basically, you get the service, you get all the features, you get everything. He wants to reach global adoption of this app. Global adoption of this service where people can easily buy. Do with their dollars, krypto, your desk. What is cash up? It’s it’s a very easy way for Americans to get into Bitcoin. And obviously from the beginning, when you’re new, you don’t want to be setting some kind of barrier to entry where you have super high fees and you’re charging people a lot. No, no. You want to do it basically for free. And then you can grow a lot while others are struggling to get to get growth. So that is exactly what they’re doing. And basically saying that we did that Bitcoin revenue because our role is to facilitate customers access to Bitcoin when customers buy through cash app. We only apply a small margin, very, very small margin to the market cost of bitcoin, which tends to be volatile and outside our control. And we understand that this is not something we’ve seen before. This is this amount of revenue going to cash app. And this mostly from Bitcoin. This amount of revenues, mostly from Bitcoin. You understand that it’s not something we’ve seen before. Basically 306 million out of five hundred and twenty eight million is from Bitcoin demand. Now, if you of course, compared to other metrics in our industry, 300 million in revenue is not a lot is not a lot. If you compare two bit, makes it competitive by a bit compared to bindis you compared to the big crypto companies that are basically targeting all red, you already invested. People cash up, you start using new people that are not yet invested in crypto. And so their revenue is obviously very small compared to buying those, you know, all of these guys. It’s super tiny. But what’s important to understand is that it’s completely different industries. They’re completely they’re two completely different industries. So you cannot really compare them. It’s apples and oranges, because I know that many people will say that, hey, it’s so small compared to other businesses, but not really. Not really. Because it’s completely different thing. And the reason why we’re seeing this push right now is because many people are feeling these four things. Number one, they’re losing faith in the governments worldwide. It’s not only in the US, it’s not only in Europe worldwide. People are losing faith in the governments. People are distressing the garus. Many people are unhappy, for example, how different governments have handled the Koronis situation. Many people are unhappy. The fact that some governments took a very, very hard stance. They did this lock down. Old businesses are bankrupt. Some people are not happy because the governments did not act. And enough. So it’s look, it’s different. The grass is always greener somewhere else. All right. But anyway, we’re seeing lots of faith in governments worldwide for all kinds of different reasons. And this reasons, by the way, they’ve been here for such a long time. It’s not just that the Koronis created the reasons that the that the the virus created this treasons. They’ve been here for a long time. We’ve seen inequality grow due to central banking due to cancel on effect. You know that the central banking basically takes money from the poor and gives it to the rich because only the rich can get cheap. Zero interest rate loans. They can get cheap capital while everyone else is getting inflate that and you hold your cash. But the rich guys get all the newly produced cash, so you just get you inflated and you get diluted in your holdings. So that’s number one. Number two, we have lower rates pushing speculators out of the risk curve because you cannot get yield anywhere. Let’s be honest, it’s very difficult to get yield. It’s very, very difficult to get yield nowadays. So one of the biggest macro drivers today is actually the fact that people want some kind of return on their money. And where do you get that? Not in a lot of places. Definitely not in the stock market, because it’s all overvalued, like crazy, insanely overvalued. And more more people are realizing that it’s all artificial at the end of the day. Basically, the stock market is now more expensive than it’s ever been before that it’s ever, ever, ever been before. Although we’re not at all time highs in the stock market, you see that the fundamentals are so much worse. And we’re basically at the valuations we had at the beginning of the year. But the fundamentals are so much worse. So basically you’re paying such a higher price for less fundamentals or more correctly to express that you’re paying the same price for. But for a way worse fundamentals, which means that it’s just more expensive. You’re just getting a bad deal. You’re getting a worse deal than you could get at the beginning of the year. So that’s key. That’s important. People are looking for other alternative assets. And you see that Bitcoin is one of these assets completely killing it in 2020. The best performing asset in 2020 will have negative real interest rates and Web inflation. So all of this is pushing people towards between. All of this is contributing to the fact that we are seeing global retail formal right now into Bitcoin. And it’s both good and as bad is good, good and bad. I will explain to you why it’s also a bit bad in this video as well. So you understand that this will probably continue. We will not see an end to the economic madness we’re seeing in the world. And to summarize, we have, number one, Google Trends going exponential right now for Bitcoin. We have square a reporting record activity. So this is this is the cash app article I showed you. And also, you know, yesterday we covered local Bitcoin activity in all kinds of countries, especially in. Africa also going exponential. All of this all of this contributes to the fact that we can literally go to new all time highs within months, within months. Very quickly, before most people realize Bitcoin only surprises you. But it’s very important to keep an eye and a very close look at the post hoarding dump, which I think is also very likely. Which is also very likely. So we will be discussing that. Now, what’s important to understand is that generally generally we’re seeing a lot of increase. And now we’re coming back to the square numbers to square up numbers. And basically, the the amount of Bitcoin purchased is right now 306 million. So this is the revenue we discussed just a few minutes ago. It’s up 72 percent from the fourth quarter of 2019 and up three hundred and sixty seven percent year over year. And please remember, this quarter was marked by one of the worst sell offs in Bitcoin history where we basically lost 50 percent in one day. It was insane. You know, in March, in March, everyone remembers March. We lost 50 percent in the day, which we recovered already. And now we’re the number one asset worldwide this year. So it’s important to understand that this is something that is truly, truly special, that we’re seeing this interest in Bitcoin, although we had this terrible month of March. So that being said, I think we can all now start talking about the higher the higher meaning of Bitcoin. Why are we here and what are we doing? And the goal is really to save capitalism. That’s what it’s all about. It is to save capitalism. Unfortunately, we don’t have capitalism right now in the US. It’s not how it works. You have centrally planned economy. If you people decide exactly who will get the money, if you people decide exactly whom to whom to give the newly produced money, it’s a centrally planned economy. And it is not a free market in any way. So that’s why we need to be talking about Bitcoin as a protest, because a lot of the inequality is a lot of the issues we’re seeing right now with different wealth gaps in societies. It’s not due to the fact that some people are super lazy. They don’t do anything. They just sit at home and that’s why they’re poor. That’s not about this issue. It’s not how it works. And then you have some very hardworking people who are billionaires. So this is the picture the media wants you to get that. Hey. Here are some, you know, poor losers who are lazy. And here we have the hardworking billionaires. And the only reason why is because they work so hard and they create a lot of value. Look, in many cases, it’s true as well. But nobody really mentions the Council on Effect, which I am preaching, which I am preaching all the time. And that is the fact that as you get more wealthy, you get exponentially more wealthy. Why is it so? Because you can literally take money from the poor through through central banking, through being close to the banks, through getting access to freshly printed fiat. And obviously that’s freshly painted fiat glassware into financial assets, which you hold, which you hold. So while the working class gets poorer and poorer and poorer because they can not get cheap loans, they get very expensive loans, they don’t have any assets, they don’t have any collateral. So the bank will not give them good loans. They will not be able to get freshly printed fiat on the good on the on good terms. It will not be possible. So that is really what is going on. So I felt this article was so brilliant. Bitcoin as a protest, Bitcoin as a protest. So that’s key. Now we are seeing right now a lot of people being very concerned about their life and what is going on. We’ve seen the expression, we’ve seen the expression of this situation in many ways. You know, the recent big wave of protest was actually in France with yellow vest movement. Why is it so? Well, because people get really, really tired that they’re not getting any benefit from the growth we’re seeing in all kinds of industries. And the middle class keeps getting poorer, poorer and poorer. The middle class is struggling more and more and more. And at the same time, you’re seeing CEOs being themselves more and more while the poorest in society keep getting less and less and less. And you see irresponsible companies spending the last 40 years pursuing short term Gaith gains at the expense of the taxpayers and the environment. And in this article, you will understand that it’s all about how money works. It’s not that these companies really have decided together that. All right, we’re going to be short term because we cannot think long term. There is none. It’s not like that. It’s not like this companies. And we’re talking about the biggest corporations in the world they don’t like. They came together and said, right now we’re only going to be thinking about short term. They in many cases, would also love to be thinking about long term, but just the way money works, which will also cover in this article. It incentivizes them to short to think short term, because if you don’t think short term, your competitor will think short term, their stock price will go up a lot and they will outcompetes you. They will dominate you. So that is basically how the incentive structure is set up, as you will see in this article in the few minutes. Now, what’s important to understand is that when times are good, you’re seeing CEOs being themselves a lot. You see huge dividends. You see a lot of. Of calls for governments to step away and look. Don’t don’t interfere with our corporate business. But when things get tough, obviously, obviously now government is very important to these corporations. They they come cap in hand and ask for tax funded bailouts to cover their reckless behavior. So that’s scheme. And why is it so? Why is it so? Why is it so that this cannot be changed? Well, because we see a lot of lobbying. We see a lot of push to keep this in place. We see a lot of status quo protectors to keep it in place. And the only thing you can do is to protest. I mean, if you don’t fly this, you could protest. But how do you do it? We’ve seen different people try with physical protests. It never works. So, for example, you could march in the streets yelling slogans and them and holding signs just like the other protests that have come and gone before. And you will make no difference, basically Argentina. Nice. Thank you so much for your DI donation, Mariano. Thank you so much. And big shelter to Argentina. But look at physical protest. You go out physically, you protest. You will not change anything because it’s so difficult nowadays. You will get arrested, look, or you will just stay there in the street and accomplish nothing. You saw, for example, Occupy Wall Street. They tried to do similar things like we’re talking about. They saw the same issues. They had hundreds of thousands of participants and accomplished exactly zero. Nothing. They accomplished absolutely zilch. Didn’t do anything. Why is it so? Well, because it’s very difficult for a physical protest to create any kind of change. Today, we’re living in a global world. The protests need to be digital. They need to go global. They need to reach millions and millions and millions and millions of people. So that’s that’s why we haven’t seen any physical protest succeeded. And if money is still flowing into the hands of the bankers, the CEOs and the government officials, the systems. This is what the system will never change. And why is money flowing that way? That’s important. Well, because the government can tax you through inflation. That’s one of the most important pieces in this article is not really about taxation per say, because increasing taxes is a politically very difficult task, even for the most powerful government. If you tried to increase taxes so that people feel all right. Now, we went from 25 percent to 28 percent to 30 percent. It feels bad. It feels very heavy. It feels bad. Instead, you have this stealth tax, which is inflation. Nobody cares about it. Nobody really asks questions about it because many people feel that it’s you know, it’s too complicated for them. They feel that it’s something only the economists can talk about. And the I’m the average Joe. I’m a bit too you know, I’m an educated to talk about this matters. This very complicated matters. And so I better not to ask questions. I better just work and pay taxes. And that’s it. Unfortunately, that is how it works. Many people don’t ask the simple question, how is money created? Where is inflation coming from? Who gets the newly produced money? Who gets it? And why do they get it? Are they friends with the right people? Who really decides? They don’t ask these questions. So that is why you’re seeing this continues funding and upholding of this status quo, because it has limited funding through inflation, obviously. And obviously, before we removed the gold standard, this was way more difficult to do, way, way more difficult to do so after the gold standard. Obviously, we’ve seen governments really make use of this and they used it in order to stay in power, to remain in the same kind of system. And you get unlimited funding through inflation, like we said. So basically, we’ve seen an 80 percent or more reduction in the purchasing power of the US dollar. Pound yen. And what is now known as the euro against gold. This is what happened. Obviously, when you do this printing, you do it at the expense of everyone else. And of course, they will try to tell you that we have to print. Look, it’s good for society. They will try to give you all kinds of mental gymnastics like I am always telling you about in order to justify it. But at the end of the day, you don’t need to make it more complicated. You have money. You make more money. Money becomes more or less worth. You have a supply. You increase the supply. Simple market mechanics increase supply means that the price will go down. If the demand stays the same and obviously the supply of money is skyrocketing, the demand is not following in the same direction. Anywhere close. So this is very, very big piece of this article. They talk about the situation with the currency being used to keep the status quo and to keep you in them in your place. So it should don’t do anything too crazy. All right. Why? Because at the end of the day, your fund, your funding will be inflated the way into the other hand. Now, moving on, what’s important to note here is that right now we’re not really seeing capitalism work as as it should. Why is it so? Well, because it is seen as a Zero-Sum game. It is seen as a Zero-Sum sum game, a game. And it wasn’t always like it. It wasn’t always like it. And this is why I want to go to this section about zombie. Capitalism. And by the way, I will link the full article here, you can read the section about zombie capitalism is important because for the longest time, most human societies viewed the economy as a Zero-Sum game. If you look at the thousands and thousands and thousands of years of our existence, it was basically a Zero-Sum game. For example, if I am able to increase my wealth, somebody has to lose. We have limited resources where to share them. And if a baker wants to sell more bread, it meant that fewer Jacki’s were sold for Detailer is zero sum. But it’s not like that since the 7th, 17th and 16th century, because during those times, capitalism really, really shine. It really, really shined. It was an amazing time because we went from zero sum to increasing the pie. And that was through trade because merchants in Europe in the 16th and 17th centuries stumbled upon a very fascinating, fascinating idea, and that is to use existing capital and not just hoard did not just hoard it, but actually reinvested into new enterprise, into new productive enterprise and grow that capital by increasing value for everyone. This was the light bulb moment that really took us from the Stone Age to where we are right now. That literally took us from medieval times with very low growth to where we are right now. So obviously now you could fund enterprises such as ships sailing to the New World for Trade that would come back with orders of magnitude more value than it took from the beginning that it took to fund the ships to even go to those places. So that is how we went from zero sum to increasing the by increasing the value for everyone. So this subtle shift from static wealth to that dynamic capital that could be deployed to generate a return was the spark that ignited the industrial revolution. And look, capitalism is so beautiful. This is amazing when we all act in our own self-interest and just human nature. I mean, you can be idealistic and you can say, hey, how unethical of everyone to think about themselves. Guess we’ll always be thinking about ourselves. And by the way, this is how Bitcoin is built as well. Everyone is agreed in Bitcoin as a miner, you want to earn money, but when you have incentives aligned so that when you can actually act on your greed, you’re doing something good, you’re securing the network, you’re securing transactions. And when we align the incentives, that’s when we truly move forward as human species. And the same thing with capitalism. When you have everyone trying to do their best to better the position for themselves, for their for their families, for their children or for their communities, you understand that if we align the incentives sought or everyone contributes to the to the better good by being actually selfish does the most amazing thing that can happen, because then, look, they don’t even have to have any kind of rulers because everyone is just acting the same as in the self-interest. And that is how we all contribute. That is how Bitcoin doesn’t have any rulers. Bitcoin has rules without rulers because we can basically assume that people will always want to make more money. That’s a constant in the universe. The human greed, it’s kind of like, you know, M.C. squared. And then Iceland actually also forgot times G, which is greed. This will always be there. And what’s important to realize in Bitcoin, you don’t even have to have formal rulers. You just have an algorithm that ensures that if you act in your own greed, is good for the network and is good for you. But anyway, capital could now be used to make better goods more efficiently in reaching these capitalists, as well as improving the lives of consumers in the process. That’s amazing. That’s amazing. But this all falls to pieces. This all falls to pieces. When the currency is distorted, when somebody manipulates the foundation, the platform, the operating system of this beautiful mechanism, and that is the currency, because as soon as you start messing around with the currency, you have a few guys thinking they know anything about interest rates, like you have the central bankers. Do you think five or 10 guys in their 50s, 60s and 70s can meet around a table and decide and decide the market rate for the entire economy, basically decide the pace of money for the entire economy? Do you think that’s even possible that a few people deciding that? Absolutely not. It has been tried over and over and over again. You cannot have centrally planned economies, especially when you have a few guys deciding how manual work and how manual because it’s costing and and who will be getting money and who is not. So that’s important. And obviously, when you distort, distort the currency, you mess up the whole capitalism system. That is why you have a few people being close to the printer. They have great banking connections. They get a lot of capital. You don’t get it, even though you might be smarter. You might be having better ideas. You might be even having a better business, but you just don’t have the. Right, connections, you will not be getting the freshly printed fear. So obviously, what does it lead to? It leads to the fact that the economy doesn’t know what things are worth. And you distort the price signals, just like in the Soviet Union. You know, my family’s from Soviet Union. You had the few guys also in their 70s and 60s trying to tell everyone how much one bread should cost. They tried to decide exactly how much a sweater should cost or glasses or chicken. They said this is the price. This is the fair price. We tried to calculate this is the price. You understand that nobody gets motivated because there is no profit. There is like not nothing to really do. And you cannot set a price on something that you don’t really know the process about of the process of the market prices. They really put a price on each individual action would take. Because bread is complicated and you need someone to make the wheat then flour value. Guy baking the bread does well. How does that price on that labor? It’s very difficult for you to do essentially. And if you tried to set it centrally. Well, maybe you said that’s wrong. So the guy pushing the bread into the oven now he’s unmotivated, so he sleeps too much. He doesn’t do any productivity because you mispriced his actions. That’s very important. And. And when you have markets instead deciding all of this, then everyone is charging so that they are motivated. So they actually make a profit. And then everyone is actually doing their best at max productivity. But that is not what we’re seeing when price signals are distorted, when somebody is trying to say, hey, you know, this should be costing this and this and this. And this is this. All right. And that is what the central banks are doing for for for money. Now, what’s important is also the opportunity cost. Obviously, the defenders of the system will say, well, look at Amazon. Look at Apple. Look at Microsoft. Look at how much they’ve done. And look at how much technology we’ve created as human species through this time when we had central banking. But what we don’t realize is the opportunity cost. How many brilliant companies and ideas did not get funding because the money market is artificial, because the money market is not really being set by the market. Bye is being said. But but by a few guys essentially playing the whole thing. We don’t know. The companies that never started with don’t know the inventions that never get invented. That is the opportunity cost. When you have government deciding for everyone else. So that’s important. Now, moving on. Moving on. So will you create zombie capitalism where the incentives are sharp? Share price growth at all costs? So this is what we discussed in the beginning. The short term focus is due to the fact how money works right now because the investors in the stock market, obviously their number one fear is inflation. They invest in the stock market to protect themselves against inflation, against inflation. And you see that inflation is coming when you have the Federal Reserve saying they have infinite amount of money. Let me just quickly play to. You don’t need to your A.T.M. is safe. Your banks are safe. There’s enough cash in the financial system and there is an infinite amount of cash at the Federal Reserve. We will do whatever we need to do to make sure that there’s enough cash in the banking system. These guys have emptied them out of cash. They have a printer. So basically, we right now have very short term mindset. If you invest in a stock, you need to do you need it to protect you against inflation. Basically tomorrow, the next quarter, they need to have good results. So the stock price goes up so I can invest more. So I’m protected against inflation. I as an investor, I’m very, very scared. I just want to invest in something. Please. Next quarter are protected from inflation. Please. Please. So this is what going was going on. And that is what is driving this short term madness where companies, instead of investing in long term growth, they’re buying back their stock. I mean, why would anyone want to do that, buying back their stock? The only reason is to increase the price so the investors are more happy. They can get even more investors. So we’re not really thinking in terms of growing the pie. We we’re more thinking in terms of Zero-Sum with glooming going back to zero sum game. So an inflationary currency incentivizes a society of consumerism is consumerism and debt based spending rather than long term saving, making households precautionary, susceptible to unseen disruptions such as the one we’re seeing right now. And we’re seeing unemployment we’ve never seen before in history. We’re literally talking about millions and millions and millions of people unemployed. This quick, just because the economy turned off for a few weeks after a few weeks already, you saw millions and millions and millions of people unemployed. Now we are in a few months. Now we’re approaching a few months and this is just growing exponentially as well. So it puts a massive pressure on businesses to focus all their efforts on increasing their stock price in the short term. And you see them doing things like buying back stocks and making their executives rich and artificially increasing their stock price. And look, you if you are an executive, you should become rich. Look, I love when people get rich. That is amazing. That is absolutely amazing. But it needs to be when they actually do something amazing for the world. Look, Jeff Bezos. He deserves to be a multi mega billionaire. Why he has created so much, so much value for the world. Look, you don’t have to go to a store. You get all everything at home. But at the same time, at the same time, this also becomes skewed, is become skewed when you have people also getting enormous amount of wealth without truly contributing, without really contributing. For example, buying back stock. And then if you are an executive, you get amazing bonus. So incentives are not aligned when it comes to society versus the the executives in this case. But all in all, obviously, it’s amazing when people get rich and they’re getting rich is just a natural and very important goal that I think many people need to have. I mean, it’s actually the vice versa. Too many people are ashamed to say that they want to get rich. Do I? Hey, I. I don’t want to get. I don’t want money. I want to create the better world environment, this and that. Look, we need to. But then they obviously it is just because for them maybe it sounds a bit harsh, you know, a bit harsh. Difficult to say. I want to get rich. I want money is completely fine. Everyone wants that. And if you have that mindset, obviously, you will be creating great things because that is the best way to do it together. You invent something amazing that people like you get rewarded. So that’s absolutely how it should be, because I know that when we are talking about this things, there’s always someone who’s gonna say, oh, all right. So. So now you want socialism or something? No, guys, no, we’re not talking about socialism. Instead, we are talking about even better, even better version of what we are right now calling capitalism, which is not truly capitalism at all. It is crony capitalism. But all in all. Let’s let’s scroll down to Bitcoin as a protest. Now, as you kind of know the basics, you know the basics. What’s important here is that you cannot truly do physical protest. You cannot do physical protest. It will be meaningless. Instead, you can do digital protest. Basically, you can just opt out. If you don’t want to be in the system, you just opt out. You opt out. You say I I’m not contributing. I’m not holding your your currency. I’m not holding your currency that this whole system is being built upon. Instead, I’m going to hold something completely different, something completely outside. I will be basing my life around something that is completely disconnected from this madness. I don’t want to be contributing to your system. And the best way and the most peaceful way to do it is actually to buy Bitcoin, because, look, Bitcoin isn’t some fad or competitor to people. It’s not what we’re talking about, like some kind of better payments app. It’s not. It’s not is completely changing how the system works and incentives in the system, incentives in our economy, because, look, incentives are not aligned, are not aligned. And the best case scenario is when we align the greed of humans, which is always going to be there. Remember the formula E equal MCE squared. But Einstein forgot. Times g the greed because it’s all always going to be there. And greed is also driving the energy. So that’s what I’m telling you. That equals energy equals mce squared. But where is greed because energy action. Make it you need to be a bit greedy to take action to, you know, to develop things. It’s normal. It’s normal. Humans are lazy. We agreed to we will move forward, but we each have a system where that is aligned when everyone is pushing, is pushing with their greed, but also make the world a better place in the process. Just like when this merchants, this dirty merchants, you know, merchants were very dirty. You didn’t want to be a merchant in the in the medieval Europe. Why is it. So you wanted to be an ability. Mobility was amazing that it was this that the status quo, these really ruled the continent mobility. And then, you know, these dirty merchants, they tried to make a profit in the cities. And that is how, by the way, nobility lost all their power. Why is it so? Because they were in the countryside. You know, I’m a Jew. I’m some kind of I don’t know. Juke is the word they think about. Let’s say I’m a Jew. I live in my castle in the countryside. I’m Nobilis. But then you have these dirty merchants, all right? They go to cities. They organize in the cities. And I am here in my carcel. Maybe I am Kaiser or whatever, and I’m like paying attention to those guys. There are somewhere they’re making some kind of trades that is below me. That is below me. I’m just using my castle. But then you see, man, these guys now they’re taking a ship. They’re using their greed to to really better everyone’s lives by taking the ship, sailing across the world, doing trades, increasing productivity, creating enormous value in the seats it sooner or later. These dirty merchants are now richer than I am in my castle, because, look, my castle, it doesn’t produce a lot. I have a few a few servants that do some sample data and the beat and beat forming, obviously. How can they outcompete the machines that basically one thousand one hundred eggs their money each time they go on the ship cruise and they come back with more goods and services. And here I am still doing some kind of farming. So obviously, nobility lost all of their meaningfulness. Nobody cares about mobility nowadays. I mean, sometimes you meet people who have this, you know, amazing last name, family name, and it seems cool and amazing, but they are basically nothing in society in terms of power. They’re just normal people nowadays. Nobody cares about them, although they might have a fantastic name. And that’s always nice. I wish I had such a name, but unfortunately you cannot change to such names. But they are very good branding. But in terms of power, it is more intrapreneurs. It is this dirty, dirty, dirty merchants that are now ruling the world to many extent, to a big extent. So that’s amazing. That’s amazing. And that’s how it should be. Anyway, in order for this to continue, we need to change of how money works. We have to change how money works. Now, that being said, this was actually quite a long segment. Guys, I have so much else to cover. I don’t know if we’ll have time. Let me let me do some coffee. Let me do some coffee, guys. How are you doing? How have you learned anything? Let me know in the chat. You can change your name anytime. Yeah, you can’t. You can. And I’ve done it already. But you can not do it and change to some kind of, you know, mobility and mobility name. You cannot do it. I can not go and change and have the same name as as the king. All right. Although that would be amazing. Why is why is it not allowed, though? I think like especially in Sweden, where we were not that proud in terms of, you know, in terms of people having the ability like a baby, you know, it’s a very like equal country. All people are equal. But anyway, even here, you cannot say I cannot go in and take the king’s name, although maybe I should try. Maybe I can. I can change it to almost his name. You know, he’s called Bernadotte. Maybe I can, like, misspell it or something. Or I can add like an extra an extra letter somewhere. It’s like this is scammer’s do on Instagram. You know, I have someone many scammer’s that that pretend to be me on Instagram. One of the most important ways they tried to scam you is that they misspelled my name. And instead of using I they use a small L. So it really seems like it is I am that that that that is writing to you. But it’s not. Ivan Ontake is just a small L in front. It looks like a big eye, but it’s a small L. And it’s fantastic how it works. I mean, really. Let me show it to Ivan on tech. So you see this. It actually seems like like this. It seems like I’m like, but this is an owl. So maybe I can do something like. Like they do, but with the king. All right. Anyway, we’re going to see it. We’re gonna see. We’re going to see. All right. All right. Right. That being said. Moving on, moving on to the situation with the volatility and the potential dump now that we have now that we have all of this, all of this pumping, all of this, hope you let me give you some some FUD. All right. We have had hope E.M.S. Now it’s time for FARD section. All right. Number one, we have some Bisleri interesting metrics in terms of volatility. Look at this in terms of volatility, we are seeing right now Bitcoin being less volatile than emerging currencies. I don’t even know if you can if you can see it. Let me actually zoom it in better. So basically, you see here below that this dotted yellow line is emerging currencies. And now the yellow dotted line is approaching and crossing the blue line right here, which means that the blue line is the Bitcoin. You see your bitcoin. And it means that the emerging currencies are now more volatile than actually than actually a bitcoin. So that’s it. Now, unfortunately, in some ways, it is a bit of a bearish signal, to be honest with you, because historically we’ve seen Bitcoin dump slightly damp slightly after this happens. It has happened before in the past as well, that the emerging currencies are are now approaching Bitcoin and moving past Bitcoin. But it has been correlated with the dumps. And I really want to highlight this, that I guess we might see we might see a post halving dump. It’s natural because many miners will not be profitable. Another important thing is the fact that we have a low volume on exchanges in the in the last month in April. So, for example, a bit makes has seen a massive traffic drop in April relative to other changes. Traffic is down by 40 percent. So that’s key. Coinbase is down by seven percent. So it seems like the new commerce are really pushing. We see, for example, cash up, going wild at the same time as our incumbents V v services we use astep, so to speak, professionals as people who already know how Bitcoin works. And so those are going down. So basically more people are just huddling. You have a lot of huddling going on, which is in the safe in this in itself. By the way, could be a positive, positive sign. Now, what else is important? I have a lot of news about DFI. Like, I had this topic, which is amazing about how to use arbitrage in Zevi, but I think we will keep it a bit today. But I want to highlight, too, that we do have an amazing DFI course in that guiding me. And we see Vesa coming with the 20 dollar generous donation. Thanks so much, Ivan. How does the U.S. Zick collapse? Hyperinflation affect bitcoin. Is Bitcoin. Is B.C.. What do you mean. I think Bitcoin is busy. Is full of not really sure what you mean there then. But let’s talk about how you as zeer collapse and hyperinflation affects bitcoin. I mean, obviously, the number one thing you need to be keeping in mind is the fact that people will be looking for assets once the panic really, really hits. You see that people will be trying to get anything they can get their hands on. That is not the currency. That is not the currency. You will see gold. You will see stocks. You will see all kinds, all kinds of assets skyrocket in terms of the local currency, just like in Venezuela, just like in the cellar. You see a lot of situation with that man. Thank you so much. Thank you so much. Thank you so much. For all the nations in Brazil. You always see you always see a bull market in the stock, in the stocks there. Hyperinflated Vesser, a big shout out to big. Big fat shout out to you. You also have a bull market, so obviously people will flock to different asses that are safe, that are stable and that they can use to protect themselves against the robbery that is going on with their national currency. Now, obviously, we cannot be measuring Bitcoin in dollars at that point. Long term, long term, we’ll see some other measurement, whether it’s going to be commodities, whether it’s going to be gold that will measure Bitcoin towards it’s not going to be a dollar in the long, long term. So I hope I hope that really answered your question. Let’s see if I’ve missed something. How does user collapse affect Bitcoin is. Yeah. I mean, B.S. I’m not sure what you mean by B.S. as B.S. is full of. Anyway, man. Anyway, let me go to Chad. Maybe you can clarify, but yes, VESA is one of the whales today in the chad, that’s for sure. That’s for sure. And now finally, this is an important thing. This is an important topic in terms of of Trump, because Trump is now getting relief, relief from money by the government. They’re now getting relief from the virus by the government. I thought this was superfine. That is just super finally, because Itron has spent money on all kinds of interesting things because you see, for example, them spending money on their own on the dinner with Warren Buffet. You also saw the spending vigil where he says that his coins the shit. All in all, they don’t want to come. They said that we are a private company. And this being a financial matter, we are unable to comment. I’m happy to share, however, that our first priority is to always follow the laws and regulations and so on, so forth. And so basically, the curves, like the Carers Act signed into law in late March, include hundreds of billions of dollars in relief, in relief funds to U.S. affected businesses. And you know that you have Tauron offices in San Francisco. So probably they applied. And according to this reporting, at least at least they got the grant. And now, once again, I just want to play you this fantastic, fantastic video by Tron. Let me see if I can find that worries at here. Hey, man, I love it. I love my show. China is a valid point. Everyone is amazing. It is fantastic music. One of the best visuals we’ve created in them in crypto cinematography since cinematography. All right, guys. All right. Let’s go to the chat. Let’s move on. Let’s have some discussions. Let’s have some discussions. And now it’s time for questions. I invite the magnificent chat to take a seat at our table at this table right here at this white, shiny, glossy table we have right here in the studio. Please welcome. Welcome. How are you guys doing? Drunk. And now for another lunch with Ivan, the executive for for this relief package. I can deal with Justin. No problem. No problem. Yes. I don’t know how to tag people. Cossette, you don’t tag you just write their name. Just copy paste their name in the chat. And when you do that, they will be highlighted for them. But only only the person you you write will be. Only they will see the highlighting. I don’t think Bitcoin will be measured against anything in the future. Once ordinary currencies have been retired, we will be living in new crowdfunding economy. That’s true. I mean, look, the dollar is the standard. Dollar is not measured against anything else. Everything is measured against the dollar. So I do agree with you. It’s a good take that in the future, probably other things will be measured, too. Bitcoin and Bitcoin doesn’t need any measurement. That does make sense. I can tell you, in effect, works also for countries. Look at. That’s true. That is true because we do see a distribution of wealth among countries as well. Just like you have poor people not getting the fresh print and money. You also see countries that do not have a reserve currency. Also being at a disadvantage, because when you have a reserve currency, you can print money how you want. Well, other countries will have to huddle your euro currency, the euro right now inflating. So that’s that’s very, very true. Crowdfunding is an amazing redirection of wealth. Agora with you. It all should be through crowdfunding because that is free market. We’re, by the way, right now seeing this with the journalism. Journalism is being disrupted, disrupted left and right. And this big media houses, they’re really struggling. And this, by the way. Good to see because you see platforms like YouTube, like Twitter, where you have all kinds of different people explaining news, sharing information. Many people have their own Web site. Many people have their own ways of reaching their audiences. Obviously, nobody cares about the mainstream media. Nobody cares about these big newspapers. They’re trying to sell you. They’re trying to sell it as big newspapers. So they become completely irrelevant. And you instead have crowdfunding. A lot of the channels they have patron or like we have our supercharges. So if you want to crowdfund our channel, you like the information, you can use the Superjet. And that is how you have free market journalism. And it’s funny, in Sweden, we have this debate that these big newspapers are actually saying that this journalists that there are beggars. They’re begging for donations. You know, these dirty beggars. They’re saying, just like the nobility said, you know, these dirty merchants, they think that there’s some kind of nobility because they have an old newspaper that has been around for 50, 60 years. Nobody cares about their newspaper. It’s trash. It’s trash at the end of the day compared to the Internet and what is going on in the Internet. And they have got to say that the journalists on enchante, the independent journalists are beggars because they’re asking for a donation like patron donation, for example. In reality, what is going on is that we have journalism completely being disrupted. It’s all decentralized. You have independent creators. You have independent media. And that that is the way forward. And it’s all being funded by by crowdfunding, to be honest. It’s all being funded by crowdfunding. So that’s key. That’s absolutely key. All right. All right. Like real vision. Exactly. Kryptonite. Not like real vision. That’s exactly sure. Ivan, what is the best holding during the hubbing month? Goose? Look, it’s very personal exactly what to hold, but it’s very important to be long term. It’s very important to be long term, because at the end of the day, you realize that you cannot time the market. We might see a post having dump, but for you to time, it is going to be difficult. Thanos, thank you so much for the nation. Ten dollars. And good to see those fireworks finally firing. Hi, Ivan. From monopoly to perfect competition, profits are maximized where marginal revenues equal marginal costs. Hence production is constrained by profit and not by resources for Ansen BS. If the latter does not apply, while profit may be the driver, this is also interesting thing from anthropological and philosophical point of view. That is true. That is absolutely true. I agree with your families. That was an interesting perspective. But all in all, for most people it’s important to realize that it’s all about growing the cake. I mean, capitalism is all about growing the cake. And although although you might see some kind of profit gap like you talk about at the end of the day, it’s all about growing the cake in ways that we’ve never imagined before. Never, ever. We imagine that there will be a big advertising industry online digitally to billions and billions of dollars. And now anyone can reach their audience very quickly through advertising. Nobody would have imagined we’ve grown the cake. Now we’re more efficient. Nobody would have imagined that we can do this Lifestream, and we can communicate with millions of people on a monthly basis without like sending letters or distributing pics. We like we’re growing the cake. That’s important thing to realize here. And and that cake is not growing. When money is messed up, when money is messed up, capital not directed correctly. Capital is misdirected. So, yeah, that that’s when it’s really not good. Your bite. Yeah. Yeah man. I know Bidart Link is black in them in dark mold. That is true. We need to fix it. So see, the bonus land has a bike in India so you need to go to the light mode yet. We’ll fix it. We’ll fix it. I know it since yesterday. All right. I just didn’t have time to fix it. We are the cake, says VLF. That’s interesting perspective. You are the cake that I mean, in many cases. You are being a product without mentioning it. Without really realizing it. If that is what you mean. That is also correct. Yep. Ivens cake is growing with quality and consistent, Johnny. That is at these days. I mean obviously is all about consistency in life, in business. Any time you have any kind of of goal, it’s all about consistency. A bigger pie would be amazing to let them eat cake. Yes, cake would be amazing. But I guess I’m not eating cake nowadays. I am losing a bit of weight that is at Dasia. We’ll see how it goes. If you want to follow this fantastic weight loss journey, weight loss experiment, go to I the slash life. If you are watching on YouTube, subscribe here. Click enable web, enable notifications on telegram and you will be updated about everything, about everything that we’re doing here. But that’s that’s basically it. That’s basically it. Thank you so much for it for being here yet again, guys. Thank you so much for contributing to the stream. We’re almost at one hour. That’s always amazing. Big shout out to Natal Elavil Lovell. Not really sure how to say it, but Natha. Any way for a diver for doing the timestamp. Thanks so much to four Gabbar. Doing a lot of programming and see you all tomorrow guys at eight a.m. Central pian summertime. Don’t forget Don not. What is this Don. Not do not. Do not. Sometimes you know Englishman. It’s difficult language to be honest with you and you really need the brain to do the work for you. But anyway, do not. Do not forget the free webinar about stacking massive amounts of SAS link in the description. And do not forget the bonus land with Vibert and Fenwicks. You can find it on after the com slash live. You get all the bonus land here anyway. Thank you so much and see you all tomorrow at eight a.m.. Have a good day and good bye guys. Goodbye. Goodbye. Goodbye.
Via https://www.cryptosharks.net/bitcoin-retail-madness-urgent-metric-btc-halving/
source https://cryptosharks.weebly.com/blog/bitcoin-retail-madness-urgent-bitcoin-key-metric-btc-halving-tron-defi
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scottmapess · 4 years
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BITCOIN RETAIL MADNESS!! URGENT BITCOIN KEY METRIC, BTC Halving, Tron, Defi
VIDEO TRANSCRIPT
And we’re live. Yes. Welcome to another episode of Good Morning Trooped on here on an Island on Take. We are, of course, broadcasting live straight out of Stockholm, Sweden. And we do the show each and every day at 8:00 a.m. Central Time. I come to like an atomic clock. Each and every day. Today, we have some very significant news about retail adoption guys. Retail investors are here. And it’s so very important to keep track of this important metrics that show us when new blood is coming into Bitcoin and is coming into groups. And today, we have some phenomenal news in regards to this important, important happening. Number one, we see that most of cash apps revenue actually came from Bitcoin in the first quarter. That’s absolutely insane that most of the revenue, most of the revenue actually came from Bitcoin. We’re going to schools that we’re also seeing Google trends go absolutely wild right now. We’re also seeing some on chain metrics showing that the number of active entities in Bitcoin is also approaching highs. We’ve not seen before, at least since the last bull run up to 20, Kate. But we’ve not seen them before, since the bear market started. We’re really now entering some significant times. And obviously, if you zoom out a bit, you see that we still have the speak from the last. The bull market when we basically went to 20 K for one Bitcoin. But if you look since then, if you look since then, then we haven’t even seen the speech that we’re seeing right now in terms of active entities, active entities. So this is unchanged data. We have a lot to discuss in regards to that. Also, we’ll be covering Bitcoin as a protest. This is an amazing piece of news, amazing piece of information and perspective on Bitcoin as a social movement. It’s not only a some kind of competitor to PayPal, it’s not only some kind of small, you know, money app. Whoa, man, man, man. John, John, John, thank you so much. Fifty dollars. You’ve spent so much money on the V. Fireworks even lagged out. We had so much fireworks when you send that man. Thank you so much. Thank you so much. Hello, Ivan. From McCully’s off in in the forty nine state of Alaska. That’s amazing. John, really appreciate you. Thank you for your Bitcoin donation that really, really appreciate that. Thank you very much. And then finally, we’re going to discuss strong guys, because you know that Tron is gone. I get money from the government. They’re getting two million virus relief. You all know that. And it’s so important to look back at what to try and spend their money on. You know, that they spent four million on the lunch with Warren Buffet. And also the man himself told you that his coins, the shit consulate just played for it for a bit. Let me know if you hear the sound. I’m not sure why China is drawn. I’m not sure why China is drawn. I imagine you get the point together. It’s all fine. It’s all fine. This just in. Senators have humor. Yes, humor. You can not say anything against that. But anyway. Yes. Welcome all who is watching live on. I don’t do that. Com slash live. How are you all doing? So good to have you here. And if you’re watching on YouTube, unfortunately, I’ve already missed the live show you should go to. I haven’t seen that. Come slash life. You’ll get to this page right here. Then you have to subscribe. You have to enable web policy and you to enable and notifications and telegram so that you’re actually part of our community. And, of course, see the chart rolling. I see the chatter online. I see crypto now. I see women. I see it, man. I see crypto meakem. I see mining Bernau. And I saw Fabrice. Michael Gold crypto Yoda. Mining you three nine five at Thomas T Argel Crypto your day again. We have so many people. Jourdan guys. Welcome. Welcome, welcome. Let me know where you are tuning in from. The chat is going absolutely mad right now. Absolutely mad right now. That’s so amazing to see. Crypto fruit, crypto fruit, always donating one dollar. That’s amazing. Thank you so much. Shrimp, the fruit slippy star Loukas Sertoma. Yes. Let me know exactly where you are tuned in from. Let me know exactly where you are pointing your dishes. You know, dish into the space to get the signal. And they were drinking black coffee. No milk, no sugar involved. As always. As always. Indonesia, San Francisco, Amsterdam. Guys, guys, this is global. We’re going global. We’re taking over the world literally, literally. We’re taking over the world. Now we have an important breaking news message from our friend, the moon. Straight from the moon. We have breaking news. The US national debt just broke up of twenty five trillion. It’s unbelievable. Unbelievable. And guess what? It will just continue to skyrocket. There is no end to this. It is growing exponentially, is gonna grow even more exponentially. This is the debt clock we’re talking about. We’re talking about national debt going above twenty five trillion. And, you know, it was just 20 trillion. A few years ago. And the faster or the more the more forward in time we’d go. As we progress in time, the faster it is growing because it is exponential growth. So if you see how fast we’re gaining an additional trillion. That speed is suggesting Greece increase increasing. Very soon, we’re going to see 30. Very soon we’re going to see 50, because once again, it is exponential growth. Do not underestimate it. We have debt based money in order to really have any economic activity. You need to take on debt. It’s all debt based economy. It’s not going to go down. I don’t think this number is ever going to go down. It’s just going to go up and more and more exponential. So let’s keep looking at some very important metrics in the top 10. We have Bitcoin at plus actually three percent outperforming all old coins in the top down, completely killing based. Basically, Bitcoin is the only green asset in the top eleven, even in the top eleven, followed by Car Dunnam, which is top twelve with only zero point thirty five. And looking at the top gainers, overall level numero Hyperion, Virge zero x eve. And looking at the biggest losers today. Well, the following. Hello. Hi, Matt. Hi. Falling again. Really, really a shame for Hive that they’re falling and falling. Falling through the floor. Did you buy it? Eight percent. We have a unique bright seven Zilka. Down six percent. Engine Quinn five percent. So quite some stable movement overall in the markets. We don’t see any crazy losses nor crazy gains. But for Bitcoin, of course, it is amazing. It’s absolutely amazing that we are pushing towards nine point five, which is a critical level, nine point five K. That could literally take us very quickly to 13 K and above. So that’s key. That’s important. What else is important is that we do have our collaboration with BYB it you can trade Bitcoin if you ex or Pete. You can long. You can short. You can make money when the market goes down or up because you can long or short. And you know, we have our bonus land. You get access to the bonus land. If you go to Ivano, take dot com slash live. You see all of this bonus land right here with BYB it firm XStream dot com. If you use those links, you have to use those things. So please do that. But only for professional traders. Only if you know what you’re doing. And finally, we have a very important webinar in a few weeks on made the twenty eighth about how to stack massive, absolutely colossal amounts of Satz in this bull market that is coming. And you better be prepared because if you don’t have this knowledge, you will miss out on the opportunity. So it’s completely free. And the take this, if you haven’t taken it before and if you’re not in decades, mean that’s the most important things. And go and click the link below. Right now, you find the link below. Go and do it and click it now. No. One reason why we’re here today. Why we’re here today on this fantastic Thursday morning. The sun is shining. The birds are flying around. They’re Twittering. What did the birds do? Is it that they’re twittering or what? Because in my mind, Twitter is stealing this bird sound. Is that. Is that what. Birds chirping. Birds chirping Exactly. They’re chirping, chirping around. But the reason why we’re here is because we are seeing right now the search, the search phrase by Bitcoin going wild on Google. Let’s get old Gene, the introduction. And this is something you cannot ignore, especially when you look at the countries. You see that Nigeria is actually number one when it comes to the interest for buying Bitcoin. And you know that we’ve been discussing it yesterday that Africa is absolutely going wild right now in terms of Bitcoin interests, in terms of Bitcoin trading, in terms of peer to peer transactions. They’re setting new highs all the time because that is where a lot of currencies are collapsing. That is where people really need sound money as soon as possible, as soon as soon as possible. So you see Nigeria, Ghana, Cameroon, and then you see Santorelli, name them and Cypress. But the top three countries are actually Africa. So that’s key. What else is important is that this is not only an African phenomenon. Obviously, we’re seeing cash apps, revenue being mostly from Bitcoin, being mostly from Bitcoin. Now, cash app are playing a long term game and they will explain, too, because they are smart. These guys are very smart, you know that really they are part of Square. Square is run by Jack Dorsey, who is also the CEO and founder of Twitter. And this guy, he’s so amazing when it comes to his crypto strategy. If you look at any take billionaire, if you look at any successful person in technology, Jack Dorsey has the best and most important crypto strategy because he is literally taking over the market without us really perceiving him as a as a significant player. But he is having a very long term game. Here is why you see that the bulk of the revenue is from Bitcoin in cash app. So that’s important. But if you look at the at the profit, it is so small. It’s very small. So despite those numbers, Bitcoin comprise a small fraction of cash app’s profits. Only seven million out of one hundred eighty three million. Why is it so? Well, because in the beginning, when you have a new service, you don’t want to be charging your customers. You want your customers to basically use it for free. That is exactly what Jack Dorsey is doing with squarest cash app. Basically, you get the service, you get all the features, you get everything. He wants to reach global adoption of this app. Global adoption of this service where people can easily buy. Do with their dollars, krypto, your desk. What is cash up? It’s it’s a very easy way for Americans to get into Bitcoin. And obviously from the beginning, when you’re new, you don’t want to be setting some kind of barrier to entry where you have super high fees and you’re charging people a lot. No, no. You want to do it basically for free. And then you can grow a lot while others are struggling to get to get growth. So that is exactly what they’re doing. And basically saying that we did that Bitcoin revenue because our role is to facilitate customers access to Bitcoin when customers buy through cash app. We only apply a small margin, very, very small margin to the market cost of bitcoin, which tends to be volatile and outside our control. And we understand that this is not something we’ve seen before. This is this amount of revenue going to cash app. And this mostly from Bitcoin. This amount of revenues, mostly from Bitcoin. You understand that it’s not something we’ve seen before. Basically 306 million out of five hundred and twenty eight million is from Bitcoin demand. Now, if you of course, compared to other metrics in our industry, 300 million in revenue is not a lot is not a lot. If you compare two bit, makes it competitive by a bit compared to bindis you compared to the big crypto companies that are basically targeting all red, you already invested. People cash up, you start using new people that are not yet invested in crypto. And so their revenue is obviously very small compared to buying those, you know, all of these guys. It’s super tiny. But what’s important to understand is that it’s completely different industries. They’re completely they’re two completely different industries. So you cannot really compare them. It’s apples and oranges, because I know that many people will say that, hey, it’s so small compared to other businesses, but not really. Not really. Because it’s completely different thing. And the reason why we’re seeing this push right now is because many people are feeling these four things. Number one, they’re losing faith in the governments worldwide. It’s not only in the US, it’s not only in Europe worldwide. People are losing faith in the governments. People are distressing the garus. Many people are unhappy, for example, how different governments have handled the Koronis situation. Many people are unhappy. The fact that some governments took a very, very hard stance. They did this lock down. Old businesses are bankrupt. Some people are not happy because the governments did not act. And enough. So it’s look, it’s different. The grass is always greener somewhere else. All right. But anyway, we’re seeing lots of faith in governments worldwide for all kinds of different reasons. And this reasons, by the way, they’ve been here for such a long time. It’s not just that the Koronis created the reasons that the that the the virus created this treasons. They’ve been here for a long time. We’ve seen inequality grow due to central banking due to cancel on effect. You know that the central banking basically takes money from the poor and gives it to the rich because only the rich can get cheap. Zero interest rate loans. They can get cheap capital while everyone else is getting inflate that and you hold your cash. But the rich guys get all the newly produced cash, so you just get you inflated and you get diluted in your holdings. So that’s number one. Number two, we have lower rates pushing speculators out of the risk curve because you cannot get yield anywhere. Let’s be honest, it’s very difficult to get yield. It’s very, very difficult to get yield nowadays. So one of the biggest macro drivers today is actually the fact that people want some kind of return on their money. And where do you get that? Not in a lot of places. Definitely not in the stock market, because it’s all overvalued, like crazy, insanely overvalued. And more more people are realizing that it’s all artificial at the end of the day. Basically, the stock market is now more expensive than it’s ever been before that it’s ever, ever, ever been before. Although we’re not at all time highs in the stock market, you see that the fundamentals are so much worse. And we’re basically at the valuations we had at the beginning of the year. But the fundamentals are so much worse. So basically you’re paying such a higher price for less fundamentals or more correctly to express that you’re paying the same price for. But for a way worse fundamentals, which means that it’s just more expensive. You’re just getting a bad deal. You’re getting a worse deal than you could get at the beginning of the year. So that’s key. That’s important. People are looking for other alternative assets. And you see that Bitcoin is one of these assets completely killing it in 2020. The best performing asset in 2020 will have negative real interest rates and Web inflation. So all of this is pushing people towards between. All of this is contributing to the fact that we are seeing global retail formal right now into Bitcoin. And it’s both good and as bad is good, good and bad. I will explain to you why it’s also a bit bad in this video as well. So you understand that this will probably continue. We will not see an end to the economic madness we’re seeing in the world. And to summarize, we have, number one, Google Trends going exponential right now for Bitcoin. We have square a reporting record activity. So this is this is the cash app article I showed you. And also, you know, yesterday we covered local Bitcoin activity in all kinds of countries, especially in. Africa also going exponential. All of this all of this contributes to the fact that we can literally go to new all time highs within months, within months. Very quickly, before most people realize Bitcoin only surprises you. But it’s very important to keep an eye and a very close look at the post hoarding dump, which I think is also very likely. Which is also very likely. So we will be discussing that. Now, what’s important to understand is that generally generally we’re seeing a lot of increase. And now we’re coming back to the square numbers to square up numbers. And basically, the the amount of Bitcoin purchased is right now 306 million. So this is the revenue we discussed just a few minutes ago. It’s up 72 percent from the fourth quarter of 2019 and up three hundred and sixty seven percent year over year. And please remember, this quarter was marked by one of the worst sell offs in Bitcoin history where we basically lost 50 percent in one day. It was insane. You know, in March, in March, everyone remembers March. We lost 50 percent in the day, which we recovered already. And now we’re the number one asset worldwide this year. So it’s important to understand that this is something that is truly, truly special, that we’re seeing this interest in Bitcoin, although we had this terrible month of March. So that being said, I think we can all now start talking about the higher the higher meaning of Bitcoin. Why are we here and what are we doing? And the goal is really to save capitalism. That’s what it’s all about. It is to save capitalism. Unfortunately, we don’t have capitalism right now in the US. It’s not how it works. You have centrally planned economy. If you people decide exactly who will get the money, if you people decide exactly whom to whom to give the newly produced money, it’s a centrally planned economy. And it is not a free market in any way. So that’s why we need to be talking about Bitcoin as a protest, because a lot of the inequality is a lot of the issues we’re seeing right now with different wealth gaps in societies. It’s not due to the fact that some people are super lazy. They don’t do anything. They just sit at home and that’s why they’re poor. That’s not about this issue. It’s not how it works. And then you have some very hardworking people who are billionaires. So this is the picture the media wants you to get that. Hey. Here are some, you know, poor losers who are lazy. And here we have the hardworking billionaires. And the only reason why is because they work so hard and they create a lot of value. Look, in many cases, it’s true as well. But nobody really mentions the Council on Effect, which I am preaching, which I am preaching all the time. And that is the fact that as you get more wealthy, you get exponentially more wealthy. Why is it so? Because you can literally take money from the poor through through central banking, through being close to the banks, through getting access to freshly printed fiat. And obviously that’s freshly painted fiat glassware into financial assets, which you hold, which you hold. So while the working class gets poorer and poorer and poorer because they can not get cheap loans, they get very expensive loans, they don’t have any assets, they don’t have any collateral. So the bank will not give them good loans. They will not be able to get freshly printed fiat on the good on the on good terms. It will not be possible. So that is really what is going on. So I felt this article was so brilliant. Bitcoin as a protest, Bitcoin as a protest. So that’s key. Now we are seeing right now a lot of people being very concerned about their life and what is going on. We’ve seen the expression, we’ve seen the expression of this situation in many ways. You know, the recent big wave of protest was actually in France with yellow vest movement. Why is it so? Well, because people get really, really tired that they’re not getting any benefit from the growth we’re seeing in all kinds of industries. And the middle class keeps getting poorer, poorer and poorer. The middle class is struggling more and more and more. And at the same time, you’re seeing CEOs being themselves more and more while the poorest in society keep getting less and less and less. And you see irresponsible companies spending the last 40 years pursuing short term Gaith gains at the expense of the taxpayers and the environment. And in this article, you will understand that it’s all about how money works. It’s not that these companies really have decided together that. All right, we’re going to be short term because we cannot think long term. There is none. It’s not like that. It’s not like this companies. And we’re talking about the biggest corporations in the world they don’t like. They came together and said, right now we’re only going to be thinking about short term. They in many cases, would also love to be thinking about long term, but just the way money works, which will also cover in this article. It incentivizes them to short to think short term, because if you don’t think short term, your competitor will think short term, their stock price will go up a lot and they will outcompetes you. They will dominate you. So that is basically how the incentive structure is set up, as you will see in this article in the few minutes. Now, what’s important to understand is that when times are good, you’re seeing CEOs being themselves a lot. You see huge dividends. You see a lot of. Of calls for governments to step away and look. Don’t don’t interfere with our corporate business. But when things get tough, obviously, obviously now government is very important to these corporations. They they come cap in hand and ask for tax funded bailouts to cover their reckless behavior. So that’s scheme. And why is it so? Why is it so? Why is it so that this cannot be changed? Well, because we see a lot of lobbying. We see a lot of push to keep this in place. We see a lot of status quo protectors to keep it in place. And the only thing you can do is to protest. I mean, if you don’t fly this, you could protest. But how do you do it? We’ve seen different people try with physical protests. It never works. So, for example, you could march in the streets yelling slogans and them and holding signs just like the other protests that have come and gone before. And you will make no difference, basically Argentina. Nice. Thank you so much for your DI donation, Mariano. Thank you so much. And big shelter to Argentina. But look at physical protest. You go out physically, you protest. You will not change anything because it’s so difficult nowadays. You will get arrested, look, or you will just stay there in the street and accomplish nothing. You saw, for example, Occupy Wall Street. They tried to do similar things like we’re talking about. They saw the same issues. They had hundreds of thousands of participants and accomplished exactly zero. Nothing. They accomplished absolutely zilch. Didn’t do anything. Why is it so? Well, because it’s very difficult for a physical protest to create any kind of change. Today, we’re living in a global world. The protests need to be digital. They need to go global. They need to reach millions and millions and millions and millions of people. So that’s that’s why we haven’t seen any physical protest succeeded. And if money is still flowing into the hands of the bankers, the CEOs and the government officials, the systems. This is what the system will never change. And why is money flowing that way? That’s important. Well, because the government can tax you through inflation. That’s one of the most important pieces in this article is not really about taxation per say, because increasing taxes is a politically very difficult task, even for the most powerful government. If you tried to increase taxes so that people feel all right. Now, we went from 25 percent to 28 percent to 30 percent. It feels bad. It feels very heavy. It feels bad. Instead, you have this stealth tax, which is inflation. Nobody cares about it. Nobody really asks questions about it because many people feel that it’s you know, it’s too complicated for them. They feel that it’s something only the economists can talk about. And the I’m the average Joe. I’m a bit too you know, I’m an educated to talk about this matters. This very complicated matters. And so I better not to ask questions. I better just work and pay taxes. And that’s it. Unfortunately, that is how it works. Many people don’t ask the simple question, how is money created? Where is inflation coming from? Who gets the newly produced money? Who gets it? And why do they get it? Are they friends with the right people? Who really decides? They don’t ask these questions. So that is why you’re seeing this continues funding and upholding of this status quo, because it has limited funding through inflation, obviously. And obviously, before we removed the gold standard, this was way more difficult to do, way, way more difficult to do so after the gold standard. Obviously, we’ve seen governments really make use of this and they used it in order to stay in power, to remain in the same kind of system. And you get unlimited funding through inflation, like we said. So basically, we’ve seen an 80 percent or more reduction in the purchasing power of the US dollar. Pound yen. And what is now known as the euro against gold. This is what happened. Obviously, when you do this printing, you do it at the expense of everyone else. And of course, they will try to tell you that we have to print. Look, it’s good for society. They will try to give you all kinds of mental gymnastics like I am always telling you about in order to justify it. But at the end of the day, you don’t need to make it more complicated. You have money. You make more money. Money becomes more or less worth. You have a supply. You increase the supply. Simple market mechanics increase supply means that the price will go down. If the demand stays the same and obviously the supply of money is skyrocketing, the demand is not following in the same direction. Anywhere close. So this is very, very big piece of this article. They talk about the situation with the currency being used to keep the status quo and to keep you in them in your place. So it should don’t do anything too crazy. All right. Why? Because at the end of the day, your fund, your funding will be inflated the way into the other hand. Now, moving on, what’s important to note here is that right now we’re not really seeing capitalism work as as it should. Why is it so? Well, because it is seen as a Zero-Sum game. It is seen as a Zero-Sum sum game, a game. And it wasn’t always like it. It wasn’t always like it. And this is why I want to go to this section about zombie. Capitalism. And by the way, I will link the full article here, you can read the section about zombie capitalism is important because for the longest time, most human societies viewed the economy as a Zero-Sum game. If you look at the thousands and thousands and thousands of years of our existence, it was basically a Zero-Sum game. For example, if I am able to increase my wealth, somebody has to lose. We have limited resources where to share them. And if a baker wants to sell more bread, it meant that fewer Jacki’s were sold for Detailer is zero sum. But it’s not like that since the 7th, 17th and 16th century, because during those times, capitalism really, really shine. It really, really shined. It was an amazing time because we went from zero sum to increasing the pie. And that was through trade because merchants in Europe in the 16th and 17th centuries stumbled upon a very fascinating, fascinating idea, and that is to use existing capital and not just hoard did not just hoard it, but actually reinvested into new enterprise, into new productive enterprise and grow that capital by increasing value for everyone. This was the light bulb moment that really took us from the Stone Age to where we are right now. That literally took us from medieval times with very low growth to where we are right now. So obviously now you could fund enterprises such as ships sailing to the New World for Trade that would come back with orders of magnitude more value than it took from the beginning that it took to fund the ships to even go to those places. So that is how we went from zero sum to increasing the by increasing the value for everyone. So this subtle shift from static wealth to that dynamic capital that could be deployed to generate a return was the spark that ignited the industrial revolution. And look, capitalism is so beautiful. This is amazing when we all act in our own self-interest and just human nature. I mean, you can be idealistic and you can say, hey, how unethical of everyone to think about themselves. Guess we’ll always be thinking about ourselves. And by the way, this is how Bitcoin is built as well. Everyone is agreed in Bitcoin as a miner, you want to earn money, but when you have incentives aligned so that when you can actually act on your greed, you’re doing something good, you’re securing the network, you’re securing transactions. And when we align the incentives, that’s when we truly move forward as human species. And the same thing with capitalism. When you have everyone trying to do their best to better the position for themselves, for their for their families, for their children or for their communities, you understand that if we align the incentives sought or everyone contributes to the to the better good by being actually selfish does the most amazing thing that can happen, because then, look, they don’t even have to have any kind of rulers because everyone is just acting the same as in the self-interest. And that is how we all contribute. That is how Bitcoin doesn’t have any rulers. Bitcoin has rules without rulers because we can basically assume that people will always want to make more money. That’s a constant in the universe. The human greed, it’s kind of like, you know, M.C. squared. And then Iceland actually also forgot times G, which is greed. This will always be there. And what’s important to realize in Bitcoin, you don’t even have to have formal rulers. You just have an algorithm that ensures that if you act in your own greed, is good for the network and is good for you. But anyway, capital could now be used to make better goods more efficiently in reaching these capitalists, as well as improving the lives of consumers in the process. That’s amazing. That’s amazing. But this all falls to pieces. This all falls to pieces. When the currency is distorted, when somebody manipulates the foundation, the platform, the operating system of this beautiful mechanism, and that is the currency, because as soon as you start messing around with the currency, you have a few guys thinking they know anything about interest rates, like you have the central bankers. Do you think five or 10 guys in their 50s, 60s and 70s can meet around a table and decide and decide the market rate for the entire economy, basically decide the pace of money for the entire economy? Do you think that’s even possible that a few people deciding that? Absolutely not. It has been tried over and over and over again. You cannot have centrally planned economies, especially when you have a few guys deciding how manual work and how manual because it’s costing and and who will be getting money and who is not. So that’s important. And obviously, when you distort, distort the currency, you mess up the whole capitalism system. That is why you have a few people being close to the printer. They have great banking connections. They get a lot of capital. You don’t get it, even though you might be smarter. You might be having better ideas. You might be even having a better business, but you just don’t have the. Right, connections, you will not be getting the freshly printed fear. So obviously, what does it lead to? It leads to the fact that the economy doesn’t know what things are worth. And you distort the price signals, just like in the Soviet Union. You know, my family’s from Soviet Union. You had the few guys also in their 70s and 60s trying to tell everyone how much one bread should cost. They tried to decide exactly how much a sweater should cost or glasses or chicken. They said this is the price. This is the fair price. We tried to calculate this is the price. You understand that nobody gets motivated because there is no profit. There is like not nothing to really do. And you cannot set a price on something that you don’t really know the process about of the process of the market prices. They really put a price on each individual action would take. Because bread is complicated and you need someone to make the wheat then flour value. Guy baking the bread does well. How does that price on that labor? It’s very difficult for you to do essentially. And if you tried to set it centrally. Well, maybe you said that’s wrong. So the guy pushing the bread into the oven now he’s unmotivated, so he sleeps too much. He doesn’t do any productivity because you mispriced his actions. That’s very important. And. And when you have markets instead deciding all of this, then everyone is charging so that they are motivated. So they actually make a profit. And then everyone is actually doing their best at max productivity. But that is not what we’re seeing when price signals are distorted, when somebody is trying to say, hey, you know, this should be costing this and this and this. And this is this. All right. And that is what the central banks are doing for for for money. Now, what’s important is also the opportunity cost. Obviously, the defenders of the system will say, well, look at Amazon. Look at Apple. Look at Microsoft. Look at how much they’ve done. And look at how much technology we’ve created as human species through this time when we had central banking. But what we don’t realize is the opportunity cost. How many brilliant companies and ideas did not get funding because the money market is artificial, because the money market is not really being set by the market. Bye is being said. But but by a few guys essentially playing the whole thing. We don’t know. The companies that never started with don’t know the inventions that never get invented. That is the opportunity cost. When you have government deciding for everyone else. So that’s important. Now, moving on. Moving on. So will you create zombie capitalism where the incentives are sharp? Share price growth at all costs? So this is what we discussed in the beginning. The short term focus is due to the fact how money works right now because the investors in the stock market, obviously their number one fear is inflation. They invest in the stock market to protect themselves against inflation, against inflation. And you see that inflation is coming when you have the Federal Reserve saying they have infinite amount of money. Let me just quickly play to. You don’t need to your A.T.M. is safe. Your banks are safe. There’s enough cash in the financial system and there is an infinite amount of cash at the Federal Reserve. We will do whatever we need to do to make sure that there’s enough cash in the banking system. These guys have emptied them out of cash. They have a printer. So basically, we right now have very short term mindset. If you invest in a stock, you need to do you need it to protect you against inflation. Basically tomorrow, the next quarter, they need to have good results. So the stock price goes up so I can invest more. So I’m protected against inflation. I as an investor, I’m very, very scared. I just want to invest in something. Please. Next quarter are protected from inflation. Please. Please. So this is what going was going on. And that is what is driving this short term madness where companies, instead of investing in long term growth, they’re buying back their stock. I mean, why would anyone want to do that, buying back their stock? The only reason is to increase the price so the investors are more happy. They can get even more investors. So we’re not really thinking in terms of growing the pie. We we’re more thinking in terms of Zero-Sum with glooming going back to zero sum game. So an inflationary currency incentivizes a society of consumerism is consumerism and debt based spending rather than long term saving, making households precautionary, susceptible to unseen disruptions such as the one we’re seeing right now. And we’re seeing unemployment we’ve never seen before in history. We’re literally talking about millions and millions and millions of people unemployed. This quick, just because the economy turned off for a few weeks after a few weeks already, you saw millions and millions and millions of people unemployed. Now we are in a few months. Now we’re approaching a few months and this is just growing exponentially as well. So it puts a massive pressure on businesses to focus all their efforts on increasing their stock price in the short term. And you see them doing things like buying back stocks and making their executives rich and artificially increasing their stock price. And look, you if you are an executive, you should become rich. Look, I love when people get rich. That is amazing. That is absolutely amazing. But it needs to be when they actually do something amazing for the world. Look, Jeff Bezos. He deserves to be a multi mega billionaire. Why he has created so much, so much value for the world. Look, you don’t have to go to a store. You get all everything at home. But at the same time, at the same time, this also becomes skewed, is become skewed when you have people also getting enormous amount of wealth without truly contributing, without really contributing. For example, buying back stock. And then if you are an executive, you get amazing bonus. So incentives are not aligned when it comes to society versus the the executives in this case. But all in all, obviously, it’s amazing when people get rich and they’re getting rich is just a natural and very important goal that I think many people need to have. I mean, it’s actually the vice versa. Too many people are ashamed to say that they want to get rich. Do I? Hey, I. I don’t want to get. I don’t want money. I want to create the better world environment, this and that. Look, we need to. But then they obviously it is just because for them maybe it sounds a bit harsh, you know, a bit harsh. Difficult to say. I want to get rich. I want money is completely fine. Everyone wants that. And if you have that mindset, obviously, you will be creating great things because that is the best way to do it together. You invent something amazing that people like you get rewarded. So that’s absolutely how it should be, because I know that when we are talking about this things, there’s always someone who’s gonna say, oh, all right. So. So now you want socialism or something? No, guys, no, we’re not talking about socialism. Instead, we are talking about even better, even better version of what we are right now calling capitalism, which is not truly capitalism at all. It is crony capitalism. But all in all. Let’s let’s scroll down to Bitcoin as a protest. Now, as you kind of know the basics, you know the basics. What’s important here is that you cannot truly do physical protest. You cannot do physical protest. It will be meaningless. Instead, you can do digital protest. Basically, you can just opt out. If you don’t want to be in the system, you just opt out. You opt out. You say I I’m not contributing. I’m not holding your your currency. I’m not holding your currency that this whole system is being built upon. Instead, I’m going to hold something completely different, something completely outside. I will be basing my life around something that is completely disconnected from this madness. I don’t want to be contributing to your system. And the best way and the most peaceful way to do it is actually to buy Bitcoin, because, look, Bitcoin isn’t some fad or competitor to people. It’s not what we’re talking about, like some kind of better payments app. It’s not. It’s not is completely changing how the system works and incentives in the system, incentives in our economy, because, look, incentives are not aligned, are not aligned. And the best case scenario is when we align the greed of humans, which is always going to be there. Remember the formula E equal MCE squared. But Einstein forgot. Times g the greed because it’s all always going to be there. And greed is also driving the energy. So that’s what I’m telling you. That equals energy equals mce squared. But where is greed because energy action. Make it you need to be a bit greedy to take action to, you know, to develop things. It’s normal. It’s normal. Humans are lazy. We agreed to we will move forward, but we each have a system where that is aligned when everyone is pushing, is pushing with their greed, but also make the world a better place in the process. Just like when this merchants, this dirty merchants, you know, merchants were very dirty. You didn’t want to be a merchant in the in the medieval Europe. Why is it. So you wanted to be an ability. Mobility was amazing that it was this that the status quo, these really ruled the continent mobility. And then, you know, these dirty merchants, they tried to make a profit in the cities. And that is how, by the way, nobility lost all their power. Why is it so? Because they were in the countryside. You know, I’m a Jew. I’m some kind of I don’t know. Juke is the word they think about. Let’s say I’m a Jew. I live in my castle in the countryside. I’m Nobilis. But then you have these dirty merchants, all right? They go to cities. They organize in the cities. And I am here in my carcel. Maybe I am Kaiser or whatever, and I’m like paying attention to those guys. There are somewhere they’re making some kind of trades that is below me. That is below me. I’m just using my castle. But then you see, man, these guys now they’re taking a ship. They’re using their greed to to really better everyone’s lives by taking the ship, sailing across the world, doing trades, increasing productivity, creating enormous value in the seats it sooner or later. These dirty merchants are now richer than I am in my castle, because, look, my castle, it doesn’t produce a lot. I have a few a few servants that do some sample data and the beat and beat forming, obviously. How can they outcompete the machines that basically one thousand one hundred eggs their money each time they go on the ship cruise and they come back with more goods and services. And here I am still doing some kind of farming. So obviously, nobility lost all of their meaningfulness. Nobody cares about mobility nowadays. I mean, sometimes you meet people who have this, you know, amazing last name, family name, and it seems cool and amazing, but they are basically nothing in society in terms of power. They’re just normal people nowadays. Nobody cares about them, although they might have a fantastic name. And that’s always nice. I wish I had such a name, but unfortunately you cannot change to such names. But they are very good branding. But in terms of power, it is more intrapreneurs. It is this dirty, dirty, dirty merchants that are now ruling the world to many extent, to a big extent. So that’s amazing. That’s amazing. And that’s how it should be. Anyway, in order for this to continue, we need to change of how money works. We have to change how money works. Now, that being said, this was actually quite a long segment. Guys, I have so much else to cover. I don’t know if we’ll have time. Let me let me do some coffee. Let me do some coffee, guys. How are you doing? How have you learned anything? Let me know in the chat. You can change your name anytime. Yeah, you can’t. You can. And I’ve done it already. But you can not do it and change to some kind of, you know, mobility and mobility name. You cannot do it. I can not go and change and have the same name as as the king. All right. Although that would be amazing. Why is why is it not allowed, though? I think like especially in Sweden, where we were not that proud in terms of, you know, in terms of people having the ability like a baby, you know, it’s a very like equal country. All people are equal. But anyway, even here, you cannot say I cannot go in and take the king’s name, although maybe I should try. Maybe I can. I can change it to almost his name. You know, he’s called Bernadotte. Maybe I can, like, misspell it or something. Or I can add like an extra an extra letter somewhere. It’s like this is scammer’s do on Instagram. You know, I have someone many scammer’s that that pretend to be me on Instagram. One of the most important ways they tried to scam you is that they misspelled my name. And instead of using I they use a small L. So it really seems like it is I am that that that that is writing to you. But it’s not. Ivan Ontake is just a small L in front. It looks like a big eye, but it’s a small L. And it’s fantastic how it works. I mean, really. Let me show it to Ivan on tech. So you see this. It actually seems like like this. It seems like I’m like, but this is an owl. So maybe I can do something like. Like they do, but with the king. All right. Anyway, we’re going to see it. We’re gonna see. We’re going to see. All right. All right. Right. That being said. Moving on, moving on to the situation with the volatility and the potential dump now that we have now that we have all of this, all of this pumping, all of this, hope you let me give you some some FUD. All right. We have had hope E.M.S. Now it’s time for FARD section. All right. Number one, we have some Bisleri interesting metrics in terms of volatility. Look at this in terms of volatility, we are seeing right now Bitcoin being less volatile than emerging currencies. I don’t even know if you can if you can see it. Let me actually zoom it in better. So basically, you see here below that this dotted yellow line is emerging currencies. And now the yellow dotted line is approaching and crossing the blue line right here, which means that the blue line is the Bitcoin. You see your bitcoin. And it means that the emerging currencies are now more volatile than actually than actually a bitcoin. So that’s it. Now, unfortunately, in some ways, it is a bit of a bearish signal, to be honest with you, because historically we’ve seen Bitcoin dump slightly damp slightly after this happens. It has happened before in the past as well, that the emerging currencies are are now approaching Bitcoin and moving past Bitcoin. But it has been correlated with the dumps. And I really want to highlight this, that I guess we might see we might see a post halving dump. It’s natural because many miners will not be profitable. Another important thing is the fact that we have a low volume on exchanges in the in the last month in April. So, for example, a bit makes has seen a massive traffic drop in April relative to other changes. Traffic is down by 40 percent. So that’s key. Coinbase is down by seven percent. So it seems like the new commerce are really pushing. We see, for example, cash up, going wild at the same time as our incumbents V v services we use astep, so to speak, professionals as people who already know how Bitcoin works. And so those are going down. So basically more people are just huddling. You have a lot of huddling going on, which is in the safe in this in itself. By the way, could be a positive, positive sign. Now, what else is important? I have a lot of news about DFI. Like, I had this topic, which is amazing about how to use arbitrage in Zevi, but I think we will keep it a bit today. But I want to highlight, too, that we do have an amazing DFI course in that guiding me. And we see Vesa coming with the 20 dollar generous donation. Thanks so much, Ivan. How does the U.S. Zick collapse? Hyperinflation affect bitcoin. Is Bitcoin. Is B.C.. What do you mean. I think Bitcoin is busy. Is full of not really sure what you mean there then. But let’s talk about how you as zeer collapse and hyperinflation affects bitcoin. I mean, obviously, the number one thing you need to be keeping in mind is the fact that people will be looking for assets once the panic really, really hits. You see that people will be trying to get anything they can get their hands on. That is not the currency. That is not the currency. You will see gold. You will see stocks. You will see all kinds, all kinds of assets skyrocket in terms of the local currency, just like in Venezuela, just like in the cellar. You see a lot of situation with that man. Thank you so much. Thank you so much. Thank you so much. For all the nations in Brazil. You always see you always see a bull market in the stock, in the stocks there. Hyperinflated Vesser, a big shout out to big. Big fat shout out to you. You also have a bull market, so obviously people will flock to different asses that are safe, that are stable and that they can use to protect themselves against the robbery that is going on with their national currency. Now, obviously, we cannot be measuring Bitcoin in dollars at that point. Long term, long term, we’ll see some other measurement, whether it’s going to be commodities, whether it’s going to be gold that will measure Bitcoin towards it’s not going to be a dollar in the long, long term. So I hope I hope that really answered your question. Let’s see if I’ve missed something. How does user collapse affect Bitcoin is. Yeah. I mean, B.S. I’m not sure what you mean by B.S. as B.S. is full of. Anyway, man. Anyway, let me go to Chad. Maybe you can clarify, but yes, VESA is one of the whales today in the chad, that’s for sure. That’s for sure. And now finally, this is an important thing. This is an important topic in terms of of Trump, because Trump is now getting relief, relief from money by the government. They’re now getting relief from the virus by the government. I thought this was superfine. That is just super finally, because Itron has spent money on all kinds of interesting things because you see, for example, them spending money on their own on the dinner with Warren Buffet. You also saw the spending vigil where he says that his coins the shit. All in all, they don’t want to come. They said that we are a private company. And this being a financial matter, we are unable to comment. I’m happy to share, however, that our first priority is to always follow the laws and regulations and so on, so forth. And so basically, the curves, like the Carers Act signed into law in late March, include hundreds of billions of dollars in relief, in relief funds to U.S. affected businesses. And you know that you have Tauron offices in San Francisco. So probably they applied. And according to this reporting, at least at least they got the grant. And now, once again, I just want to play you this fantastic, fantastic video by Tron. Let me see if I can find that worries at here. Hey, man, I love it. I love my show. China is a valid point. Everyone is amazing. It is fantastic music. One of the best visuals we’ve created in them in crypto cinematography since cinematography. All right, guys. All right. Let’s go to the chat. Let’s move on. Let’s have some discussions. Let’s have some discussions. And now it’s time for questions. I invite the magnificent chat to take a seat at our table at this table right here at this white, shiny, glossy table we have right here in the studio. Please welcome. Welcome. How are you guys doing? Drunk. And now for another lunch with Ivan, the executive for for this relief package. I can deal with Justin. No problem. No problem. Yes. I don’t know how to tag people. Cossette, you don’t tag you just write their name. Just copy paste their name in the chat. And when you do that, they will be highlighted for them. But only only the person you you write will be. Only they will see the highlighting. I don’t think Bitcoin will be measured against anything in the future. Once ordinary currencies have been retired, we will be living in new crowdfunding economy. That’s true. I mean, look, the dollar is the standard. Dollar is not measured against anything else. Everything is measured against the dollar. So I do agree with you. It’s a good take that in the future, probably other things will be measured, too. Bitcoin and Bitcoin doesn’t need any measurement. That does make sense. I can tell you, in effect, works also for countries. Look at. That’s true. That is true because we do see a distribution of wealth among countries as well. Just like you have poor people not getting the fresh print and money. You also see countries that do not have a reserve currency. Also being at a disadvantage, because when you have a reserve currency, you can print money how you want. Well, other countries will have to huddle your euro currency, the euro right now inflating. So that’s that’s very, very true. Crowdfunding is an amazing redirection of wealth. Agora with you. It all should be through crowdfunding because that is free market. We’re, by the way, right now seeing this with the journalism. Journalism is being disrupted, disrupted left and right. And this big media houses, they’re really struggling. And this, by the way. Good to see because you see platforms like YouTube, like Twitter, where you have all kinds of different people explaining news, sharing information. Many people have their own Web site. Many people have their own ways of reaching their audiences. Obviously, nobody cares about the mainstream media. Nobody cares about these big newspapers. They’re trying to sell you. They’re trying to sell it as big newspapers. So they become completely irrelevant. And you instead have crowdfunding. A lot of the channels they have patron or like we have our supercharges. So if you want to crowdfund our channel, you like the information, you can use the Superjet. And that is how you have free market journalism. And it’s funny, in Sweden, we have this debate that these big newspapers are actually saying that this journalists that there are beggars. They’re begging for donations. You know, these dirty beggars. They’re saying, just like the nobility said, you know, these dirty merchants, they think that there’s some kind of nobility because they have an old newspaper that has been around for 50, 60 years. Nobody cares about their newspaper. It’s trash. It’s trash at the end of the day compared to the Internet and what is going on in the Internet. And they have got to say that the journalists on enchante, the independent journalists are beggars because they’re asking for a donation like patron donation, for example. In reality, what is going on is that we have journalism completely being disrupted. It’s all decentralized. You have independent creators. You have independent media. And that that is the way forward. And it’s all being funded by by crowdfunding, to be honest. It’s all being funded by crowdfunding. So that’s key. That’s absolutely key. All right. All right. Like real vision. Exactly. Kryptonite. Not like real vision. That’s exactly sure. Ivan, what is the best holding during the hubbing month? Goose? Look, it’s very personal exactly what to hold, but it’s very important to be long term. It’s very important to be long term, because at the end of the day, you realize that you cannot time the market. We might see a post having dump, but for you to time, it is going to be difficult. Thanos, thank you so much for the nation. Ten dollars. And good to see those fireworks finally firing. Hi, Ivan. From monopoly to perfect competition, profits are maximized where marginal revenues equal marginal costs. Hence production is constrained by profit and not by resources for Ansen BS. If the latter does not apply, while profit may be the driver, this is also interesting thing from anthropological and philosophical point of view. That is true. That is absolutely true. I agree with your families. That was an interesting perspective. But all in all, for most people it’s important to realize that it’s all about growing the cake. I mean, capitalism is all about growing the cake. And although although you might see some kind of profit gap like you talk about at the end of the day, it’s all about growing the cake in ways that we’ve never imagined before. Never, ever. We imagine that there will be a big advertising industry online digitally to billions and billions of dollars. And now anyone can reach their audience very quickly through advertising. Nobody would have imagined we’ve grown the cake. Now we’re more efficient. Nobody would have imagined that we can do this Lifestream, and we can communicate with millions of people on a monthly basis without like sending letters or distributing pics. We like we’re growing the cake. That’s important thing to realize here. And and that cake is not growing. When money is messed up, when money is messed up, capital not directed correctly. Capital is misdirected. So, yeah, that that’s when it’s really not good. Your bite. Yeah. Yeah man. I know Bidart Link is black in them in dark mold. That is true. We need to fix it. So see, the bonus land has a bike in India so you need to go to the light mode yet. We’ll fix it. We’ll fix it. I know it since yesterday. All right. I just didn’t have time to fix it. We are the cake, says VLF. That’s interesting perspective. You are the cake that I mean, in many cases. You are being a product without mentioning it. Without really realizing it. If that is what you mean. That is also correct. Yep. Ivens cake is growing with quality and consistent, Johnny. That is at these days. I mean obviously is all about consistency in life, in business. Any time you have any kind of of goal, it’s all about consistency. A bigger pie would be amazing to let them eat cake. Yes, cake would be amazing. But I guess I’m not eating cake nowadays. I am losing a bit of weight that is at Dasia. We’ll see how it goes. If you want to follow this fantastic weight loss journey, weight loss experiment, go to I the slash life. If you are watching on YouTube, subscribe here. Click enable web, enable notifications on telegram and you will be updated about everything, about everything that we’re doing here. But that’s that’s basically it. That’s basically it. Thank you so much for it for being here yet again, guys. Thank you so much for contributing to the stream. We’re almost at one hour. That’s always amazing. Big shout out to Natal Elavil Lovell. Not really sure how to say it, but Natha. Any way for a diver for doing the timestamp. Thanks so much to four Gabbar. Doing a lot of programming and see you all tomorrow guys at eight a.m. Central pian summertime. Don’t forget Don not. What is this Don. Not do not. Do not. Sometimes you know Englishman. It’s difficult language to be honest with you and you really need the brain to do the work for you. But anyway, do not. Do not forget the free webinar about stacking massive amounts of SAS link in the description. And do not forget the bonus land with Vibert and Fenwicks. You can find it on after the com slash live. You get all the bonus land here anyway. Thank you so much and see you all tomorrow at eight a.m.. Have a good day and good bye guys. Goodbye. Goodbye. Goodbye.
source https://www.cryptosharks.net/bitcoin-retail-madness-urgent-metric-btc-halving/ source https://cryptosharks1.blogspot.com/2020/05/bitcoin-retail-madness-urgent-bitcoin.html
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jeffrmayhugh · 4 years
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BITCOIN RETAIL MADNESS!! URGENT BITCOIN KEY METRIC, BTC Halving, Tron, Defi
VIDEO TRANSCRIPT
And we’re live. Yes. Welcome to another episode of Good Morning Trooped on here on an Island on Take. We are, of course, broadcasting live straight out of Stockholm, Sweden. And we do the show each and every day at 8:00 a.m. Central Time. I come to like an atomic clock. Each and every day. Today, we have some very significant news about retail adoption guys. Retail investors are here. And it’s so very important to keep track of this important metrics that show us when new blood is coming into Bitcoin and is coming into groups. And today, we have some phenomenal news in regards to this important, important happening. Number one, we see that most of cash apps revenue actually came from Bitcoin in the first quarter. That’s absolutely insane that most of the revenue, most of the revenue actually came from Bitcoin. We’re going to schools that we’re also seeing Google trends go absolutely wild right now. We’re also seeing some on chain metrics showing that the number of active entities in Bitcoin is also approaching highs. We’ve not seen before, at least since the last bull run up to 20, Kate. But we’ve not seen them before, since the bear market started. We’re really now entering some significant times. And obviously, if you zoom out a bit, you see that we still have the speak from the last. The bull market when we basically went to 20 K for one Bitcoin. But if you look since then, if you look since then, then we haven’t even seen the speech that we’re seeing right now in terms of active entities, active entities. So this is unchanged data. We have a lot to discuss in regards to that. Also, we’ll be covering Bitcoin as a protest. This is an amazing piece of news, amazing piece of information and perspective on Bitcoin as a social movement. It’s not only a some kind of competitor to PayPal, it’s not only some kind of small, you know, money app. Whoa, man, man, man. John, John, John, thank you so much. Fifty dollars. You’ve spent so much money on the V. Fireworks even lagged out. We had so much fireworks when you send that man. Thank you so much. Thank you so much. Hello, Ivan. From McCully’s off in in the forty nine state of Alaska. That’s amazing. John, really appreciate you. Thank you for your Bitcoin donation that really, really appreciate that. Thank you very much. And then finally, we’re going to discuss strong guys, because you know that Tron is gone. I get money from the government. They’re getting two million virus relief. You all know that. And it’s so important to look back at what to try and spend their money on. You know, that they spent four million on the lunch with Warren Buffet. And also the man himself told you that his coins, the shit consulate just played for it for a bit. Let me know if you hear the sound. I’m not sure why China is drawn. I’m not sure why China is drawn. I imagine you get the point together. It’s all fine. It’s all fine. This just in. Senators have humor. Yes, humor. You can not say anything against that. But anyway. Yes. Welcome all who is watching live on. I don’t do that. Com slash live. How are you all doing? So good to have you here. And if you’re watching on YouTube, unfortunately, I’ve already missed the live show you should go to. I haven’t seen that. Come slash life. You’ll get to this page right here. Then you have to subscribe. You have to enable web policy and you to enable and notifications and telegram so that you’re actually part of our community. And, of course, see the chart rolling. I see the chatter online. I see crypto now. I see women. I see it, man. I see crypto meakem. I see mining Bernau. And I saw Fabrice. Michael Gold crypto Yoda. Mining you three nine five at Thomas T Argel Crypto your day again. We have so many people. Jourdan guys. Welcome. Welcome, welcome. Let me know where you are tuning in from. The chat is going absolutely mad right now. Absolutely mad right now. That’s so amazing to see. Crypto fruit, crypto fruit, always donating one dollar. That’s amazing. Thank you so much. Shrimp, the fruit slippy star Loukas Sertoma. Yes. Let me know exactly where you are tuned in from. Let me know exactly where you are pointing your dishes. You know, dish into the space to get the signal. And they were drinking black coffee. No milk, no sugar involved. As always. As always. Indonesia, San Francisco, Amsterdam. Guys, guys, this is global. We’re going global. We’re taking over the world literally, literally. We’re taking over the world. Now we have an important breaking news message from our friend, the moon. Straight from the moon. We have breaking news. The US national debt just broke up of twenty five trillion. It’s unbelievable. Unbelievable. And guess what? It will just continue to skyrocket. There is no end to this. It is growing exponentially, is gonna grow even more exponentially. This is the debt clock we’re talking about. We’re talking about national debt going above twenty five trillion. And, you know, it was just 20 trillion. A few years ago. And the faster or the more the more forward in time we’d go. As we progress in time, the faster it is growing because it is exponential growth. So if you see how fast we’re gaining an additional trillion. That speed is suggesting Greece increase increasing. Very soon, we’re going to see 30. Very soon we’re going to see 50, because once again, it is exponential growth. Do not underestimate it. We have debt based money in order to really have any economic activity. You need to take on debt. It’s all debt based economy. It’s not going to go down. I don’t think this number is ever going to go down. It’s just going to go up and more and more exponential. So let’s keep looking at some very important metrics in the top 10. We have Bitcoin at plus actually three percent outperforming all old coins in the top down, completely killing based. Basically, Bitcoin is the only green asset in the top eleven, even in the top eleven, followed by Car Dunnam, which is top twelve with only zero point thirty five. And looking at the top gainers, overall level numero Hyperion, Virge zero x eve. And looking at the biggest losers today. Well, the following. Hello. Hi, Matt. Hi. Falling again. Really, really a shame for Hive that they’re falling and falling. Falling through the floor. Did you buy it? Eight percent. We have a unique bright seven Zilka. Down six percent. Engine Quinn five percent. So quite some stable movement overall in the markets. We don’t see any crazy losses nor crazy gains. But for Bitcoin, of course, it is amazing. It’s absolutely amazing that we are pushing towards nine point five, which is a critical level, nine point five K. That could literally take us very quickly to 13 K and above. So that’s key. That’s important. What else is important is that we do have our collaboration with BYB it you can trade Bitcoin if you ex or Pete. You can long. You can short. You can make money when the market goes down or up because you can long or short. And you know, we have our bonus land. You get access to the bonus land. If you go to Ivano, take dot com slash live. You see all of this bonus land right here with BYB it firm XStream dot com. If you use those links, you have to use those things. So please do that. But only for professional traders. Only if you know what you’re doing. And finally, we have a very important webinar in a few weeks on made the twenty eighth about how to stack massive, absolutely colossal amounts of Satz in this bull market that is coming. And you better be prepared because if you don’t have this knowledge, you will miss out on the opportunity. So it’s completely free. And the take this, if you haven’t taken it before and if you’re not in decades, mean that’s the most important things. And go and click the link below. Right now, you find the link below. Go and do it and click it now. No. One reason why we’re here today. Why we’re here today on this fantastic Thursday morning. The sun is shining. The birds are flying around. They’re Twittering. What did the birds do? Is it that they’re twittering or what? Because in my mind, Twitter is stealing this bird sound. Is that. Is that what. Birds chirping. Birds chirping Exactly. They’re chirping, chirping around. But the reason why we’re here is because we are seeing right now the search, the search phrase by Bitcoin going wild on Google. Let’s get old Gene, the introduction. And this is something you cannot ignore, especially when you look at the countries. You see that Nigeria is actually number one when it comes to the interest for buying Bitcoin. And you know that we’ve been discussing it yesterday that Africa is absolutely going wild right now in terms of Bitcoin interests, in terms of Bitcoin trading, in terms of peer to peer transactions. They’re setting new highs all the time because that is where a lot of currencies are collapsing. That is where people really need sound money as soon as possible, as soon as soon as possible. So you see Nigeria, Ghana, Cameroon, and then you see Santorelli, name them and Cypress. But the top three countries are actually Africa. So that’s key. What else is important is that this is not only an African phenomenon. Obviously, we’re seeing cash apps, revenue being mostly from Bitcoin, being mostly from Bitcoin. Now, cash app are playing a long term game and they will explain, too, because they are smart. These guys are very smart, you know that really they are part of Square. Square is run by Jack Dorsey, who is also the CEO and founder of Twitter. And this guy, he’s so amazing when it comes to his crypto strategy. If you look at any take billionaire, if you look at any successful person in technology, Jack Dorsey has the best and most important crypto strategy because he is literally taking over the market without us really perceiving him as a as a significant player. But he is having a very long term game. Here is why you see that the bulk of the revenue is from Bitcoin in cash app. So that’s important. But if you look at the at the profit, it is so small. It’s very small. So despite those numbers, Bitcoin comprise a small fraction of cash app’s profits. Only seven million out of one hundred eighty three million. Why is it so? Well, because in the beginning, when you have a new service, you don’t want to be charging your customers. You want your customers to basically use it for free. That is exactly what Jack Dorsey is doing with squarest cash app. Basically, you get the service, you get all the features, you get everything. He wants to reach global adoption of this app. Global adoption of this service where people can easily buy. Do with their dollars, krypto, your desk. What is cash up? It’s it’s a very easy way for Americans to get into Bitcoin. And obviously from the beginning, when you’re new, you don’t want to be setting some kind of barrier to entry where you have super high fees and you’re charging people a lot. No, no. You want to do it basically for free. And then you can grow a lot while others are struggling to get to get growth. So that is exactly what they’re doing. And basically saying that we did that Bitcoin revenue because our role is to facilitate customers access to Bitcoin when customers buy through cash app. We only apply a small margin, very, very small margin to the market cost of bitcoin, which tends to be volatile and outside our control. And we understand that this is not something we’ve seen before. This is this amount of revenue going to cash app. And this mostly from Bitcoin. This amount of revenues, mostly from Bitcoin. You understand that it’s not something we’ve seen before. Basically 306 million out of five hundred and twenty eight million is from Bitcoin demand. Now, if you of course, compared to other metrics in our industry, 300 million in revenue is not a lot is not a lot. If you compare two bit, makes it competitive by a bit compared to bindis you compared to the big crypto companies that are basically targeting all red, you already invested. People cash up, you start using new people that are not yet invested in crypto. And so their revenue is obviously very small compared to buying those, you know, all of these guys. It’s super tiny. But what’s important to understand is that it’s completely different industries. They’re completely they’re two completely different industries. So you cannot really compare them. It’s apples and oranges, because I know that many people will say that, hey, it’s so small compared to other businesses, but not really. Not really. Because it’s completely different thing. And the reason why we’re seeing this push right now is because many people are feeling these four things. Number one, they’re losing faith in the governments worldwide. It’s not only in the US, it’s not only in Europe worldwide. People are losing faith in the governments. People are distressing the garus. Many people are unhappy, for example, how different governments have handled the Koronis situation. Many people are unhappy. The fact that some governments took a very, very hard stance. They did this lock down. Old businesses are bankrupt. Some people are not happy because the governments did not act. And enough. So it’s look, it’s different. The grass is always greener somewhere else. All right. But anyway, we’re seeing lots of faith in governments worldwide for all kinds of different reasons. And this reasons, by the way, they’ve been here for such a long time. It’s not just that the Koronis created the reasons that the that the the virus created this treasons. They’ve been here for a long time. We’ve seen inequality grow due to central banking due to cancel on effect. You know that the central banking basically takes money from the poor and gives it to the rich because only the rich can get cheap. Zero interest rate loans. They can get cheap capital while everyone else is getting inflate that and you hold your cash. But the rich guys get all the newly produced cash, so you just get you inflated and you get diluted in your holdings. So that’s number one. Number two, we have lower rates pushing speculators out of the risk curve because you cannot get yield anywhere. Let’s be honest, it’s very difficult to get yield. It’s very, very difficult to get yield nowadays. So one of the biggest macro drivers today is actually the fact that people want some kind of return on their money. And where do you get that? Not in a lot of places. Definitely not in the stock market, because it’s all overvalued, like crazy, insanely overvalued. And more more people are realizing that it’s all artificial at the end of the day. Basically, the stock market is now more expensive than it’s ever been before that it’s ever, ever, ever been before. Although we’re not at all time highs in the stock market, you see that the fundamentals are so much worse. And we’re basically at the valuations we had at the beginning of the year. But the fundamentals are so much worse. So basically you’re paying such a higher price for less fundamentals or more correctly to express that you’re paying the same price for. But for a way worse fundamentals, which means that it’s just more expensive. You’re just getting a bad deal. You’re getting a worse deal than you could get at the beginning of the year. So that’s key. That’s important. People are looking for other alternative assets. And you see that Bitcoin is one of these assets completely killing it in 2020. The best performing asset in 2020 will have negative real interest rates and Web inflation. So all of this is pushing people towards between. All of this is contributing to the fact that we are seeing global retail formal right now into Bitcoin. And it’s both good and as bad is good, good and bad. I will explain to you why it’s also a bit bad in this video as well. So you understand that this will probably continue. We will not see an end to the economic madness we’re seeing in the world. And to summarize, we have, number one, Google Trends going exponential right now for Bitcoin. We have square a reporting record activity. So this is this is the cash app article I showed you. And also, you know, yesterday we covered local Bitcoin activity in all kinds of countries, especially in. Africa also going exponential. All of this all of this contributes to the fact that we can literally go to new all time highs within months, within months. Very quickly, before most people realize Bitcoin only surprises you. But it’s very important to keep an eye and a very close look at the post hoarding dump, which I think is also very likely. Which is also very likely. So we will be discussing that. Now, what’s important to understand is that generally generally we’re seeing a lot of increase. And now we’re coming back to the square numbers to square up numbers. And basically, the the amount of Bitcoin purchased is right now 306 million. So this is the revenue we discussed just a few minutes ago. It’s up 72 percent from the fourth quarter of 2019 and up three hundred and sixty seven percent year over year. And please remember, this quarter was marked by one of the worst sell offs in Bitcoin history where we basically lost 50 percent in one day. It was insane. You know, in March, in March, everyone remembers March. We lost 50 percent in the day, which we recovered already. And now we’re the number one asset worldwide this year. So it’s important to understand that this is something that is truly, truly special, that we’re seeing this interest in Bitcoin, although we had this terrible month of March. So that being said, I think we can all now start talking about the higher the higher meaning of Bitcoin. Why are we here and what are we doing? And the goal is really to save capitalism. That’s what it’s all about. It is to save capitalism. Unfortunately, we don’t have capitalism right now in the US. It’s not how it works. You have centrally planned economy. If you people decide exactly who will get the money, if you people decide exactly whom to whom to give the newly produced money, it’s a centrally planned economy. And it is not a free market in any way. So that’s why we need to be talking about Bitcoin as a protest, because a lot of the inequality is a lot of the issues we’re seeing right now with different wealth gaps in societies. It’s not due to the fact that some people are super lazy. They don’t do anything. They just sit at home and that’s why they’re poor. That’s not about this issue. It’s not how it works. And then you have some very hardworking people who are billionaires. So this is the picture the media wants you to get that. Hey. Here are some, you know, poor losers who are lazy. And here we have the hardworking billionaires. And the only reason why is because they work so hard and they create a lot of value. Look, in many cases, it’s true as well. But nobody really mentions the Council on Effect, which I am preaching, which I am preaching all the time. And that is the fact that as you get more wealthy, you get exponentially more wealthy. Why is it so? Because you can literally take money from the poor through through central banking, through being close to the banks, through getting access to freshly printed fiat. And obviously that’s freshly painted fiat glassware into financial assets, which you hold, which you hold. So while the working class gets poorer and poorer and poorer because they can not get cheap loans, they get very expensive loans, they don’t have any assets, they don’t have any collateral. So the bank will not give them good loans. They will not be able to get freshly printed fiat on the good on the on good terms. It will not be possible. So that is really what is going on. So I felt this article was so brilliant. Bitcoin as a protest, Bitcoin as a protest. So that’s key. Now we are seeing right now a lot of people being very concerned about their life and what is going on. We’ve seen the expression, we’ve seen the expression of this situation in many ways. You know, the recent big wave of protest was actually in France with yellow vest movement. Why is it so? Well, because people get really, really tired that they’re not getting any benefit from the growth we’re seeing in all kinds of industries. And the middle class keeps getting poorer, poorer and poorer. The middle class is struggling more and more and more. And at the same time, you’re seeing CEOs being themselves more and more while the poorest in society keep getting less and less and less. And you see irresponsible companies spending the last 40 years pursuing short term Gaith gains at the expense of the taxpayers and the environment. And in this article, you will understand that it’s all about how money works. It’s not that these companies really have decided together that. All right, we’re going to be short term because we cannot think long term. There is none. It’s not like that. It’s not like this companies. And we’re talking about the biggest corporations in the world they don’t like. They came together and said, right now we’re only going to be thinking about short term. They in many cases, would also love to be thinking about long term, but just the way money works, which will also cover in this article. It incentivizes them to short to think short term, because if you don’t think short term, your competitor will think short term, their stock price will go up a lot and they will outcompetes you. They will dominate you. So that is basically how the incentive structure is set up, as you will see in this article in the few minutes. Now, what’s important to understand is that when times are good, you’re seeing CEOs being themselves a lot. You see huge dividends. You see a lot of. Of calls for governments to step away and look. Don’t don’t interfere with our corporate business. But when things get tough, obviously, obviously now government is very important to these corporations. They they come cap in hand and ask for tax funded bailouts to cover their reckless behavior. So that’s scheme. And why is it so? Why is it so? Why is it so that this cannot be changed? Well, because we see a lot of lobbying. We see a lot of push to keep this in place. We see a lot of status quo protectors to keep it in place. And the only thing you can do is to protest. I mean, if you don’t fly this, you could protest. But how do you do it? We’ve seen different people try with physical protests. It never works. So, for example, you could march in the streets yelling slogans and them and holding signs just like the other protests that have come and gone before. And you will make no difference, basically Argentina. Nice. Thank you so much for your DI donation, Mariano. Thank you so much. And big shelter to Argentina. But look at physical protest. You go out physically, you protest. You will not change anything because it’s so difficult nowadays. You will get arrested, look, or you will just stay there in the street and accomplish nothing. You saw, for example, Occupy Wall Street. They tried to do similar things like we’re talking about. They saw the same issues. They had hundreds of thousands of participants and accomplished exactly zero. Nothing. They accomplished absolutely zilch. Didn’t do anything. Why is it so? Well, because it’s very difficult for a physical protest to create any kind of change. Today, we’re living in a global world. The protests need to be digital. They need to go global. They need to reach millions and millions and millions and millions of people. So that’s that’s why we haven’t seen any physical protest succeeded. And if money is still flowing into the hands of the bankers, the CEOs and the government officials, the systems. This is what the system will never change. And why is money flowing that way? That’s important. Well, because the government can tax you through inflation. That’s one of the most important pieces in this article is not really about taxation per say, because increasing taxes is a politically very difficult task, even for the most powerful government. If you tried to increase taxes so that people feel all right. Now, we went from 25 percent to 28 percent to 30 percent. It feels bad. It feels very heavy. It feels bad. Instead, you have this stealth tax, which is inflation. Nobody cares about it. Nobody really asks questions about it because many people feel that it’s you know, it’s too complicated for them. They feel that it’s something only the economists can talk about. And the I’m the average Joe. I’m a bit too you know, I’m an educated to talk about this matters. This very complicated matters. And so I better not to ask questions. I better just work and pay taxes. And that’s it. Unfortunately, that is how it works. Many people don’t ask the simple question, how is money created? Where is inflation coming from? Who gets the newly produced money? Who gets it? And why do they get it? Are they friends with the right people? Who really decides? They don’t ask these questions. So that is why you’re seeing this continues funding and upholding of this status quo, because it has limited funding through inflation, obviously. And obviously, before we removed the gold standard, this was way more difficult to do, way, way more difficult to do so after the gold standard. Obviously, we’ve seen governments really make use of this and they used it in order to stay in power, to remain in the same kind of system. And you get unlimited funding through inflation, like we said. So basically, we’ve seen an 80 percent or more reduction in the purchasing power of the US dollar. Pound yen. And what is now known as the euro against gold. This is what happened. Obviously, when you do this printing, you do it at the expense of everyone else. And of course, they will try to tell you that we have to print. Look, it’s good for society. They will try to give you all kinds of mental gymnastics like I am always telling you about in order to justify it. But at the end of the day, you don’t need to make it more complicated. You have money. You make more money. Money becomes more or less worth. You have a supply. You increase the supply. Simple market mechanics increase supply means that the price will go down. If the demand stays the same and obviously the supply of money is skyrocketing, the demand is not following in the same direction. Anywhere close. So this is very, very big piece of this article. They talk about the situation with the currency being used to keep the status quo and to keep you in them in your place. So it should don’t do anything too crazy. All right. Why? Because at the end of the day, your fund, your funding will be inflated the way into the other hand. Now, moving on, what’s important to note here is that right now we’re not really seeing capitalism work as as it should. Why is it so? Well, because it is seen as a Zero-Sum game. It is seen as a Zero-Sum sum game, a game. And it wasn’t always like it. It wasn’t always like it. And this is why I want to go to this section about zombie. Capitalism. And by the way, I will link the full article here, you can read the section about zombie capitalism is important because for the longest time, most human societies viewed the economy as a Zero-Sum game. If you look at the thousands and thousands and thousands of years of our existence, it was basically a Zero-Sum game. For example, if I am able to increase my wealth, somebody has to lose. We have limited resources where to share them. And if a baker wants to sell more bread, it meant that fewer Jacki’s were sold for Detailer is zero sum. But it’s not like that since the 7th, 17th and 16th century, because during those times, capitalism really, really shine. It really, really shined. It was an amazing time because we went from zero sum to increasing the pie. And that was through trade because merchants in Europe in the 16th and 17th centuries stumbled upon a very fascinating, fascinating idea, and that is to use existing capital and not just hoard did not just hoard it, but actually reinvested into new enterprise, into new productive enterprise and grow that capital by increasing value for everyone. This was the light bulb moment that really took us from the Stone Age to where we are right now. That literally took us from medieval times with very low growth to where we are right now. So obviously now you could fund enterprises such as ships sailing to the New World for Trade that would come back with orders of magnitude more value than it took from the beginning that it took to fund the ships to even go to those places. So that is how we went from zero sum to increasing the by increasing the value for everyone. So this subtle shift from static wealth to that dynamic capital that could be deployed to generate a return was the spark that ignited the industrial revolution. And look, capitalism is so beautiful. This is amazing when we all act in our own self-interest and just human nature. I mean, you can be idealistic and you can say, hey, how unethical of everyone to think about themselves. Guess we’ll always be thinking about ourselves. And by the way, this is how Bitcoin is built as well. Everyone is agreed in Bitcoin as a miner, you want to earn money, but when you have incentives aligned so that when you can actually act on your greed, you’re doing something good, you’re securing the network, you’re securing transactions. And when we align the incentives, that’s when we truly move forward as human species. And the same thing with capitalism. When you have everyone trying to do their best to better the position for themselves, for their for their families, for their children or for their communities, you understand that if we align the incentives sought or everyone contributes to the to the better good by being actually selfish does the most amazing thing that can happen, because then, look, they don’t even have to have any kind of rulers because everyone is just acting the same as in the self-interest. And that is how we all contribute. That is how Bitcoin doesn’t have any rulers. Bitcoin has rules without rulers because we can basically assume that people will always want to make more money. That’s a constant in the universe. The human greed, it’s kind of like, you know, M.C. squared. And then Iceland actually also forgot times G, which is greed. This will always be there. And what’s important to realize in Bitcoin, you don’t even have to have formal rulers. You just have an algorithm that ensures that if you act in your own greed, is good for the network and is good for you. But anyway, capital could now be used to make better goods more efficiently in reaching these capitalists, as well as improving the lives of consumers in the process. That’s amazing. That’s amazing. But this all falls to pieces. This all falls to pieces. When the currency is distorted, when somebody manipulates the foundation, the platform, the operating system of this beautiful mechanism, and that is the currency, because as soon as you start messing around with the currency, you have a few guys thinking they know anything about interest rates, like you have the central bankers. Do you think five or 10 guys in their 50s, 60s and 70s can meet around a table and decide and decide the market rate for the entire economy, basically decide the pace of money for the entire economy? Do you think that’s even possible that a few people deciding that? Absolutely not. It has been tried over and over and over again. You cannot have centrally planned economies, especially when you have a few guys deciding how manual work and how manual because it’s costing and and who will be getting money and who is not. So that’s important. And obviously, when you distort, distort the currency, you mess up the whole capitalism system. That is why you have a few people being close to the printer. They have great banking connections. They get a lot of capital. You don’t get it, even though you might be smarter. You might be having better ideas. You might be even having a better business, but you just don’t have the. Right, connections, you will not be getting the freshly printed fear. So obviously, what does it lead to? It leads to the fact that the economy doesn’t know what things are worth. And you distort the price signals, just like in the Soviet Union. You know, my family’s from Soviet Union. You had the few guys also in their 70s and 60s trying to tell everyone how much one bread should cost. They tried to decide exactly how much a sweater should cost or glasses or chicken. They said this is the price. This is the fair price. We tried to calculate this is the price. You understand that nobody gets motivated because there is no profit. There is like not nothing to really do. And you cannot set a price on something that you don’t really know the process about of the process of the market prices. They really put a price on each individual action would take. Because bread is complicated and you need someone to make the wheat then flour value. Guy baking the bread does well. How does that price on that labor? It’s very difficult for you to do essentially. And if you tried to set it centrally. Well, maybe you said that’s wrong. So the guy pushing the bread into the oven now he’s unmotivated, so he sleeps too much. He doesn’t do any productivity because you mispriced his actions. That’s very important. And. And when you have markets instead deciding all of this, then everyone is charging so that they are motivated. So they actually make a profit. And then everyone is actually doing their best at max productivity. But that is not what we’re seeing when price signals are distorted, when somebody is trying to say, hey, you know, this should be costing this and this and this. And this is this. All right. And that is what the central banks are doing for for for money. Now, what’s important is also the opportunity cost. Obviously, the defenders of the system will say, well, look at Amazon. Look at Apple. Look at Microsoft. Look at how much they’ve done. And look at how much technology we’ve created as human species through this time when we had central banking. But what we don’t realize is the opportunity cost. How many brilliant companies and ideas did not get funding because the money market is artificial, because the money market is not really being set by the market. Bye is being said. But but by a few guys essentially playing the whole thing. We don’t know. The companies that never started with don’t know the inventions that never get invented. That is the opportunity cost. When you have government deciding for everyone else. So that’s important. Now, moving on. Moving on. So will you create zombie capitalism where the incentives are sharp? Share price growth at all costs? So this is what we discussed in the beginning. The short term focus is due to the fact how money works right now because the investors in the stock market, obviously their number one fear is inflation. They invest in the stock market to protect themselves against inflation, against inflation. And you see that inflation is coming when you have the Federal Reserve saying they have infinite amount of money. Let me just quickly play to. You don’t need to your A.T.M. is safe. Your banks are safe. There’s enough cash in the financial system and there is an infinite amount of cash at the Federal Reserve. We will do whatever we need to do to make sure that there’s enough cash in the banking system. These guys have emptied them out of cash. They have a printer. So basically, we right now have very short term mindset. If you invest in a stock, you need to do you need it to protect you against inflation. Basically tomorrow, the next quarter, they need to have good results. So the stock price goes up so I can invest more. So I’m protected against inflation. I as an investor, I’m very, very scared. I just want to invest in something. Please. Next quarter are protected from inflation. Please. Please. So this is what going was going on. And that is what is driving this short term madness where companies, instead of investing in long term growth, they’re buying back their stock. I mean, why would anyone want to do that, buying back their stock? The only reason is to increase the price so the investors are more happy. They can get even more investors. So we’re not really thinking in terms of growing the pie. We we’re more thinking in terms of Zero-Sum with glooming going back to zero sum game. So an inflationary currency incentivizes a society of consumerism is consumerism and debt based spending rather than long term saving, making households precautionary, susceptible to unseen disruptions such as the one we’re seeing right now. And we’re seeing unemployment we’ve never seen before in history. We’re literally talking about millions and millions and millions of people unemployed. This quick, just because the economy turned off for a few weeks after a few weeks already, you saw millions and millions and millions of people unemployed. Now we are in a few months. Now we’re approaching a few months and this is just growing exponentially as well. So it puts a massive pressure on businesses to focus all their efforts on increasing their stock price in the short term. And you see them doing things like buying back stocks and making their executives rich and artificially increasing their stock price. And look, you if you are an executive, you should become rich. Look, I love when people get rich. That is amazing. That is absolutely amazing. But it needs to be when they actually do something amazing for the world. Look, Jeff Bezos. He deserves to be a multi mega billionaire. Why he has created so much, so much value for the world. Look, you don’t have to go to a store. You get all everything at home. But at the same time, at the same time, this also becomes skewed, is become skewed when you have people also getting enormous amount of wealth without truly contributing, without really contributing. For example, buying back stock. And then if you are an executive, you get amazing bonus. So incentives are not aligned when it comes to society versus the the executives in this case. But all in all, obviously, it’s amazing when people get rich and they’re getting rich is just a natural and very important goal that I think many people need to have. I mean, it’s actually the vice versa. Too many people are ashamed to say that they want to get rich. Do I? Hey, I. I don’t want to get. I don’t want money. I want to create the better world environment, this and that. Look, we need to. But then they obviously it is just because for them maybe it sounds a bit harsh, you know, a bit harsh. Difficult to say. I want to get rich. I want money is completely fine. Everyone wants that. And if you have that mindset, obviously, you will be creating great things because that is the best way to do it together. You invent something amazing that people like you get rewarded. So that’s absolutely how it should be, because I know that when we are talking about this things, there’s always someone who’s gonna say, oh, all right. So. So now you want socialism or something? No, guys, no, we’re not talking about socialism. Instead, we are talking about even better, even better version of what we are right now calling capitalism, which is not truly capitalism at all. It is crony capitalism. But all in all. Let’s let’s scroll down to Bitcoin as a protest. Now, as you kind of know the basics, you know the basics. What’s important here is that you cannot truly do physical protest. You cannot do physical protest. It will be meaningless. Instead, you can do digital protest. Basically, you can just opt out. If you don’t want to be in the system, you just opt out. You opt out. You say I I’m not contributing. I’m not holding your your currency. I’m not holding your currency that this whole system is being built upon. Instead, I’m going to hold something completely different, something completely outside. I will be basing my life around something that is completely disconnected from this madness. I don’t want to be contributing to your system. And the best way and the most peaceful way to do it is actually to buy Bitcoin, because, look, Bitcoin isn’t some fad or competitor to people. It’s not what we’re talking about, like some kind of better payments app. It’s not. It’s not is completely changing how the system works and incentives in the system, incentives in our economy, because, look, incentives are not aligned, are not aligned. And the best case scenario is when we align the greed of humans, which is always going to be there. Remember the formula E equal MCE squared. But Einstein forgot. Times g the greed because it’s all always going to be there. And greed is also driving the energy. So that’s what I’m telling you. That equals energy equals mce squared. But where is greed because energy action. Make it you need to be a bit greedy to take action to, you know, to develop things. It’s normal. It’s normal. Humans are lazy. We agreed to we will move forward, but we each have a system where that is aligned when everyone is pushing, is pushing with their greed, but also make the world a better place in the process. Just like when this merchants, this dirty merchants, you know, merchants were very dirty. You didn’t want to be a merchant in the in the medieval Europe. Why is it. So you wanted to be an ability. Mobility was amazing that it was this that the status quo, these really ruled the continent mobility. And then, you know, these dirty merchants, they tried to make a profit in the cities. And that is how, by the way, nobility lost all their power. Why is it so? Because they were in the countryside. You know, I’m a Jew. I’m some kind of I don’t know. Juke is the word they think about. Let’s say I’m a Jew. I live in my castle in the countryside. I’m Nobilis. But then you have these dirty merchants, all right? They go to cities. They organize in the cities. And I am here in my carcel. Maybe I am Kaiser or whatever, and I’m like paying attention to those guys. There are somewhere they’re making some kind of trades that is below me. That is below me. I’m just using my castle. But then you see, man, these guys now they’re taking a ship. They’re using their greed to to really better everyone’s lives by taking the ship, sailing across the world, doing trades, increasing productivity, creating enormous value in the seats it sooner or later. These dirty merchants are now richer than I am in my castle, because, look, my castle, it doesn’t produce a lot. I have a few a few servants that do some sample data and the beat and beat forming, obviously. How can they outcompete the machines that basically one thousand one hundred eggs their money each time they go on the ship cruise and they come back with more goods and services. And here I am still doing some kind of farming. So obviously, nobility lost all of their meaningfulness. Nobody cares about mobility nowadays. I mean, sometimes you meet people who have this, you know, amazing last name, family name, and it seems cool and amazing, but they are basically nothing in society in terms of power. They’re just normal people nowadays. Nobody cares about them, although they might have a fantastic name. And that’s always nice. I wish I had such a name, but unfortunately you cannot change to such names. But they are very good branding. But in terms of power, it is more intrapreneurs. It is this dirty, dirty, dirty merchants that are now ruling the world to many extent, to a big extent. So that’s amazing. That’s amazing. And that’s how it should be. Anyway, in order for this to continue, we need to change of how money works. We have to change how money works. Now, that being said, this was actually quite a long segment. Guys, I have so much else to cover. I don’t know if we’ll have time. Let me let me do some coffee. Let me do some coffee, guys. How are you doing? How have you learned anything? Let me know in the chat. You can change your name anytime. Yeah, you can’t. You can. And I’ve done it already. But you can not do it and change to some kind of, you know, mobility and mobility name. You cannot do it. I can not go and change and have the same name as as the king. All right. Although that would be amazing. Why is why is it not allowed, though? I think like especially in Sweden, where we were not that proud in terms of, you know, in terms of people having the ability like a baby, you know, it’s a very like equal country. All people are equal. But anyway, even here, you cannot say I cannot go in and take the king’s name, although maybe I should try. Maybe I can. I can change it to almost his name. You know, he’s called Bernadotte. Maybe I can, like, misspell it or something. Or I can add like an extra an extra letter somewhere. It’s like this is scammer’s do on Instagram. You know, I have someone many scammer’s that that pretend to be me on Instagram. One of the most important ways they tried to scam you is that they misspelled my name. And instead of using I they use a small L. So it really seems like it is I am that that that that is writing to you. But it’s not. Ivan Ontake is just a small L in front. It looks like a big eye, but it’s a small L. And it’s fantastic how it works. I mean, really. Let me show it to Ivan on tech. So you see this. It actually seems like like this. It seems like I’m like, but this is an owl. So maybe I can do something like. Like they do, but with the king. All right. Anyway, we’re going to see it. We’re gonna see. We’re going to see. All right. All right. Right. That being said. Moving on, moving on to the situation with the volatility and the potential dump now that we have now that we have all of this, all of this pumping, all of this, hope you let me give you some some FUD. All right. We have had hope E.M.S. Now it’s time for FARD section. All right. Number one, we have some Bisleri interesting metrics in terms of volatility. Look at this in terms of volatility, we are seeing right now Bitcoin being less volatile than emerging currencies. I don’t even know if you can if you can see it. Let me actually zoom it in better. So basically, you see here below that this dotted yellow line is emerging currencies. And now the yellow dotted line is approaching and crossing the blue line right here, which means that the blue line is the Bitcoin. You see your bitcoin. And it means that the emerging currencies are now more volatile than actually than actually a bitcoin. So that’s it. Now, unfortunately, in some ways, it is a bit of a bearish signal, to be honest with you, because historically we’ve seen Bitcoin dump slightly damp slightly after this happens. It has happened before in the past as well, that the emerging currencies are are now approaching Bitcoin and moving past Bitcoin. But it has been correlated with the dumps. And I really want to highlight this, that I guess we might see we might see a post halving dump. It’s natural because many miners will not be profitable. Another important thing is the fact that we have a low volume on exchanges in the in the last month in April. So, for example, a bit makes has seen a massive traffic drop in April relative to other changes. Traffic is down by 40 percent. So that’s key. Coinbase is down by seven percent. So it seems like the new commerce are really pushing. We see, for example, cash up, going wild at the same time as our incumbents V v services we use astep, so to speak, professionals as people who already know how Bitcoin works. And so those are going down. So basically more people are just huddling. You have a lot of huddling going on, which is in the safe in this in itself. By the way, could be a positive, positive sign. Now, what else is important? I have a lot of news about DFI. Like, I had this topic, which is amazing about how to use arbitrage in Zevi, but I think we will keep it a bit today. But I want to highlight, too, that we do have an amazing DFI course in that guiding me. And we see Vesa coming with the 20 dollar generous donation. Thanks so much, Ivan. How does the U.S. Zick collapse? Hyperinflation affect bitcoin. Is Bitcoin. Is B.C.. What do you mean. I think Bitcoin is busy. Is full of not really sure what you mean there then. But let’s talk about how you as zeer collapse and hyperinflation affects bitcoin. I mean, obviously, the number one thing you need to be keeping in mind is the fact that people will be looking for assets once the panic really, really hits. You see that people will be trying to get anything they can get their hands on. That is not the currency. That is not the currency. You will see gold. You will see stocks. You will see all kinds, all kinds of assets skyrocket in terms of the local currency, just like in Venezuela, just like in the cellar. You see a lot of situation with that man. Thank you so much. Thank you so much. Thank you so much. For all the nations in Brazil. You always see you always see a bull market in the stock, in the stocks there. Hyperinflated Vesser, a big shout out to big. Big fat shout out to you. You also have a bull market, so obviously people will flock to different asses that are safe, that are stable and that they can use to protect themselves against the robbery that is going on with their national currency. Now, obviously, we cannot be measuring Bitcoin in dollars at that point. Long term, long term, we’ll see some other measurement, whether it’s going to be commodities, whether it’s going to be gold that will measure Bitcoin towards it’s not going to be a dollar in the long, long term. So I hope I hope that really answered your question. Let’s see if I’ve missed something. How does user collapse affect Bitcoin is. Yeah. I mean, B.S. I’m not sure what you mean by B.S. as B.S. is full of. Anyway, man. Anyway, let me go to Chad. Maybe you can clarify, but yes, VESA is one of the whales today in the chad, that’s for sure. That’s for sure. And now finally, this is an important thing. This is an important topic in terms of of Trump, because Trump is now getting relief, relief from money by the government. They’re now getting relief from the virus by the government. I thought this was superfine. That is just super finally, because Itron has spent money on all kinds of interesting things because you see, for example, them spending money on their own on the dinner with Warren Buffet. You also saw the spending vigil where he says that his coins the shit. All in all, they don’t want to come. They said that we are a private company. And this being a financial matter, we are unable to comment. I’m happy to share, however, that our first priority is to always follow the laws and regulations and so on, so forth. And so basically, the curves, like the Carers Act signed into law in late March, include hundreds of billions of dollars in relief, in relief funds to U.S. affected businesses. And you know that you have Tauron offices in San Francisco. So probably they applied. And according to this reporting, at least at least they got the grant. And now, once again, I just want to play you this fantastic, fantastic video by Tron. Let me see if I can find that worries at here. Hey, man, I love it. I love my show. China is a valid point. Everyone is amazing. It is fantastic music. One of the best visuals we’ve created in them in crypto cinematography since cinematography. All right, guys. All right. Let’s go to the chat. Let’s move on. Let’s have some discussions. Let’s have some discussions. And now it’s time for questions. I invite the magnificent chat to take a seat at our table at this table right here at this white, shiny, glossy table we have right here in the studio. Please welcome. Welcome. How are you guys doing? Drunk. And now for another lunch with Ivan, the executive for for this relief package. I can deal with Justin. No problem. No problem. Yes. I don’t know how to tag people. Cossette, you don’t tag you just write their name. Just copy paste their name in the chat. And when you do that, they will be highlighted for them. But only only the person you you write will be. Only they will see the highlighting. I don’t think Bitcoin will be measured against anything in the future. Once ordinary currencies have been retired, we will be living in new crowdfunding economy. That’s true. I mean, look, the dollar is the standard. Dollar is not measured against anything else. Everything is measured against the dollar. So I do agree with you. It’s a good take that in the future, probably other things will be measured, too. Bitcoin and Bitcoin doesn’t need any measurement. That does make sense. I can tell you, in effect, works also for countries. Look at. That’s true. That is true because we do see a distribution of wealth among countries as well. Just like you have poor people not getting the fresh print and money. You also see countries that do not have a reserve currency. Also being at a disadvantage, because when you have a reserve currency, you can print money how you want. Well, other countries will have to huddle your euro currency, the euro right now inflating. So that’s that’s very, very true. Crowdfunding is an amazing redirection of wealth. Agora with you. It all should be through crowdfunding because that is free market. We’re, by the way, right now seeing this with the journalism. Journalism is being disrupted, disrupted left and right. And this big media houses, they’re really struggling. And this, by the way. Good to see because you see platforms like YouTube, like Twitter, where you have all kinds of different people explaining news, sharing information. Many people have their own Web site. Many people have their own ways of reaching their audiences. Obviously, nobody cares about the mainstream media. Nobody cares about these big newspapers. They’re trying to sell you. They’re trying to sell it as big newspapers. So they become completely irrelevant. And you instead have crowdfunding. A lot of the channels they have patron or like we have our supercharges. So if you want to crowdfund our channel, you like the information, you can use the Superjet. And that is how you have free market journalism. And it’s funny, in Sweden, we have this debate that these big newspapers are actually saying that this journalists that there are beggars. They’re begging for donations. You know, these dirty beggars. They’re saying, just like the nobility said, you know, these dirty merchants, they think that there’s some kind of nobility because they have an old newspaper that has been around for 50, 60 years. Nobody cares about their newspaper. It’s trash. It’s trash at the end of the day compared to the Internet and what is going on in the Internet. And they have got to say that the journalists on enchante, the independent journalists are beggars because they’re asking for a donation like patron donation, for example. In reality, what is going on is that we have journalism completely being disrupted. It’s all decentralized. You have independent creators. You have independent media. And that that is the way forward. And it’s all being funded by by crowdfunding, to be honest. It’s all being funded by crowdfunding. So that’s key. That’s absolutely key. All right. All right. Like real vision. Exactly. Kryptonite. Not like real vision. That’s exactly sure. Ivan, what is the best holding during the hubbing month? Goose? Look, it’s very personal exactly what to hold, but it’s very important to be long term. It’s very important to be long term, because at the end of the day, you realize that you cannot time the market. We might see a post having dump, but for you to time, it is going to be difficult. Thanos, thank you so much for the nation. Ten dollars. And good to see those fireworks finally firing. Hi, Ivan. From monopoly to perfect competition, profits are maximized where marginal revenues equal marginal costs. Hence production is constrained by profit and not by resources for Ansen BS. If the latter does not apply, while profit may be the driver, this is also interesting thing from anthropological and philosophical point of view. That is true. That is absolutely true. I agree with your families. That was an interesting perspective. But all in all, for most people it’s important to realize that it’s all about growing the cake. I mean, capitalism is all about growing the cake. And although although you might see some kind of profit gap like you talk about at the end of the day, it’s all about growing the cake in ways that we’ve never imagined before. Never, ever. We imagine that there will be a big advertising industry online digitally to billions and billions of dollars. And now anyone can reach their audience very quickly through advertising. Nobody would have imagined we’ve grown the cake. Now we’re more efficient. Nobody would have imagined that we can do this Lifestream, and we can communicate with millions of people on a monthly basis without like sending letters or distributing pics. We like we’re growing the cake. That’s important thing to realize here. And and that cake is not growing. When money is messed up, when money is messed up, capital not directed correctly. Capital is misdirected. So, yeah, that that’s when it’s really not good. Your bite. Yeah. Yeah man. I know Bidart Link is black in them in dark mold. That is true. We need to fix it. So see, the bonus land has a bike in India so you need to go to the light mode yet. We’ll fix it. We’ll fix it. I know it since yesterday. All right. I just didn’t have time to fix it. We are the cake, says VLF. That’s interesting perspective. You are the cake that I mean, in many cases. You are being a product without mentioning it. Without really realizing it. If that is what you mean. That is also correct. Yep. Ivens cake is growing with quality and consistent, Johnny. That is at these days. I mean obviously is all about consistency in life, in business. Any time you have any kind of of goal, it’s all about consistency. A bigger pie would be amazing to let them eat cake. Yes, cake would be amazing. But I guess I’m not eating cake nowadays. I am losing a bit of weight that is at Dasia. We’ll see how it goes. If you want to follow this fantastic weight loss journey, weight loss experiment, go to I the slash life. If you are watching on YouTube, subscribe here. Click enable web, enable notifications on telegram and you will be updated about everything, about everything that we’re doing here. But that’s that’s basically it. That’s basically it. Thank you so much for it for being here yet again, guys. Thank you so much for contributing to the stream. We’re almost at one hour. That’s always amazing. Big shout out to Natal Elavil Lovell. Not really sure how to say it, but Natha. Any way for a diver for doing the timestamp. Thanks so much to four Gabbar. Doing a lot of programming and see you all tomorrow guys at eight a.m. Central pian summertime. Don’t forget Don not. What is this Don. Not do not. Do not. Sometimes you know Englishman. It’s difficult language to be honest with you and you really need the brain to do the work for you. But anyway, do not. Do not forget the free webinar about stacking massive amounts of SAS link in the description. And do not forget the bonus land with Vibert and Fenwicks. You can find it on after the com slash live. You get all the bonus land here anyway. Thank you so much and see you all tomorrow at eight a.m.. Have a good day and good bye guys. Goodbye. Goodbye. Goodbye.
source https://www.cryptosharks.net/bitcoin-retail-madness-urgent-metric-btc-halving/ source https://cryptosharks1.tumblr.com/post/617568662022422528
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cryptosharks1 · 4 years
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BITCOIN RETAIL MADNESS!! URGENT BITCOIN KEY METRIC, BTC Halving, Tron, Defi
VIDEO TRANSCRIPT
And we’re live. Yes. Welcome to another episode of Good Morning Trooped on here on an Island on Take. We are, of course, broadcasting live straight out of Stockholm, Sweden. And we do the show each and every day at 8:00 a.m. Central Time. I come to like an atomic clock. Each and every day. Today, we have some very significant news about retail adoption guys. Retail investors are here. And it’s so very important to keep track of this important metrics that show us when new blood is coming into Bitcoin and is coming into groups. And today, we have some phenomenal news in regards to this important, important happening. Number one, we see that most of cash apps revenue actually came from Bitcoin in the first quarter. That’s absolutely insane that most of the revenue, most of the revenue actually came from Bitcoin. We’re going to schools that we’re also seeing Google trends go absolutely wild right now. We’re also seeing some on chain metrics showing that the number of active entities in Bitcoin is also approaching highs. We’ve not seen before, at least since the last bull run up to 20, Kate. But we’ve not seen them before, since the bear market started. We’re really now entering some significant times. And obviously, if you zoom out a bit, you see that we still have the speak from the last. The bull market when we basically went to 20 K for one Bitcoin. But if you look since then, if you look since then, then we haven’t even seen the speech that we’re seeing right now in terms of active entities, active entities. So this is unchanged data. We have a lot to discuss in regards to that. Also, we’ll be covering Bitcoin as a protest. This is an amazing piece of news, amazing piece of information and perspective on Bitcoin as a social movement. It’s not only a some kind of competitor to PayPal, it’s not only some kind of small, you know, money app. Whoa, man, man, man. John, John, John, thank you so much. Fifty dollars. You’ve spent so much money on the V. Fireworks even lagged out. We had so much fireworks when you send that man. Thank you so much. Thank you so much. Hello, Ivan. From McCully’s off in in the forty nine state of Alaska. That’s amazing. John, really appreciate you. Thank you for your Bitcoin donation that really, really appreciate that. Thank you very much. And then finally, we’re going to discuss strong guys, because you know that Tron is gone. I get money from the government. They’re getting two million virus relief. You all know that. And it’s so important to look back at what to try and spend their money on. You know, that they spent four million on the lunch with Warren Buffet. And also the man himself told you that his coins, the shit consulate just played for it for a bit. Let me know if you hear the sound. I’m not sure why China is drawn. I’m not sure why China is drawn. I imagine you get the point together. It’s all fine. It’s all fine. This just in. Senators have humor. Yes, humor. You can not say anything against that. But anyway. Yes. Welcome all who is watching live on. I don’t do that. Com slash live. How are you all doing? So good to have you here. And if you’re watching on YouTube, unfortunately, I’ve already missed the live show you should go to. I haven’t seen that. Come slash life. You’ll get to this page right here. Then you have to subscribe. You have to enable web policy and you to enable and notifications and telegram so that you’re actually part of our community. And, of course, see the chart rolling. I see the chatter online. I see crypto now. I see women. I see it, man. I see crypto meakem. I see mining Bernau. And I saw Fabrice. Michael Gold crypto Yoda. Mining you three nine five at Thomas T Argel Crypto your day again. We have so many people. Jourdan guys. Welcome. Welcome, welcome. Let me know where you are tuning in from. The chat is going absolutely mad right now. Absolutely mad right now. That’s so amazing to see. Crypto fruit, crypto fruit, always donating one dollar. That’s amazing. Thank you so much. Shrimp, the fruit slippy star Loukas Sertoma. Yes. Let me know exactly where you are tuned in from. Let me know exactly where you are pointing your dishes. You know, dish into the space to get the signal. And they were drinking black coffee. No milk, no sugar involved. As always. As always. Indonesia, San Francisco, Amsterdam. Guys, guys, this is global. We’re going global. We’re taking over the world literally, literally. We’re taking over the world. Now we have an important breaking news message from our friend, the moon. Straight from the moon. We have breaking news. The US national debt just broke up of twenty five trillion. It’s unbelievable. Unbelievable. And guess what? It will just continue to skyrocket. There is no end to this. It is growing exponentially, is gonna grow even more exponentially. This is the debt clock we’re talking about. We’re talking about national debt going above twenty five trillion. And, you know, it was just 20 trillion. A few years ago. And the faster or the more the more forward in time we’d go. As we progress in time, the faster it is growing because it is exponential growth. So if you see how fast we’re gaining an additional trillion. That speed is suggesting Greece increase increasing. Very soon, we’re going to see 30. Very soon we’re going to see 50, because once again, it is exponential growth. Do not underestimate it. We have debt based money in order to really have any economic activity. You need to take on debt. It’s all debt based economy. It’s not going to go down. I don’t think this number is ever going to go down. It’s just going to go up and more and more exponential. So let’s keep looking at some very important metrics in the top 10. We have Bitcoin at plus actually three percent outperforming all old coins in the top down, completely killing based. Basically, Bitcoin is the only green asset in the top eleven, even in the top eleven, followed by Car Dunnam, which is top twelve with only zero point thirty five. And looking at the top gainers, overall level numero Hyperion, Virge zero x eve. And looking at the biggest losers today. Well, the following. Hello. Hi, Matt. Hi. Falling again. Really, really a shame for Hive that they’re falling and falling. Falling through the floor. Did you buy it? Eight percent. We have a unique bright seven Zilka. Down six percent. Engine Quinn five percent. So quite some stable movement overall in the markets. We don’t see any crazy losses nor crazy gains. But for Bitcoin, of course, it is amazing. It’s absolutely amazing that we are pushing towards nine point five, which is a critical level, nine point five K. That could literally take us very quickly to 13 K and above. So that’s key. That’s important. What else is important is that we do have our collaboration with BYB it you can trade Bitcoin if you ex or Pete. You can long. You can short. You can make money when the market goes down or up because you can long or short. And you know, we have our bonus land. You get access to the bonus land. If you go to Ivano, take dot com slash live. You see all of this bonus land right here with BYB it firm XStream dot com. If you use those links, you have to use those things. So please do that. But only for professional traders. Only if you know what you’re doing. And finally, we have a very important webinar in a few weeks on made the twenty eighth about how to stack massive, absolutely colossal amounts of Satz in this bull market that is coming. And you better be prepared because if you don’t have this knowledge, you will miss out on the opportunity. So it’s completely free. And the take this, if you haven’t taken it before and if you’re not in decades, mean that’s the most important things. And go and click the link below. Right now, you find the link below. Go and do it and click it now. No. One reason why we’re here today. Why we’re here today on this fantastic Thursday morning. The sun is shining. The birds are flying around. They’re Twittering. What did the birds do? Is it that they’re twittering or what? Because in my mind, Twitter is stealing this bird sound. Is that. Is that what. Birds chirping. Birds chirping Exactly. They’re chirping, chirping around. But the reason why we’re here is because we are seeing right now the search, the search phrase by Bitcoin going wild on Google. Let’s get old Gene, the introduction. And this is something you cannot ignore, especially when you look at the countries. You see that Nigeria is actually number one when it comes to the interest for buying Bitcoin. And you know that we’ve been discussing it yesterday that Africa is absolutely going wild right now in terms of Bitcoin interests, in terms of Bitcoin trading, in terms of peer to peer transactions. They’re setting new highs all the time because that is where a lot of currencies are collapsing. That is where people really need sound money as soon as possible, as soon as soon as possible. So you see Nigeria, Ghana, Cameroon, and then you see Santorelli, name them and Cypress. But the top three countries are actually Africa. So that’s key. What else is important is that this is not only an African phenomenon. Obviously, we’re seeing cash apps, revenue being mostly from Bitcoin, being mostly from Bitcoin. Now, cash app are playing a long term game and they will explain, too, because they are smart. These guys are very smart, you know that really they are part of Square. Square is run by Jack Dorsey, who is also the CEO and founder of Twitter. And this guy, he’s so amazing when it comes to his crypto strategy. If you look at any take billionaire, if you look at any successful person in technology, Jack Dorsey has the best and most important crypto strategy because he is literally taking over the market without us really perceiving him as a as a significant player. But he is having a very long term game. Here is why you see that the bulk of the revenue is from Bitcoin in cash app. So that’s important. But if you look at the at the profit, it is so small. It’s very small. So despite those numbers, Bitcoin comprise a small fraction of cash app’s profits. Only seven million out of one hundred eighty three million. Why is it so? Well, because in the beginning, when you have a new service, you don’t want to be charging your customers. You want your customers to basically use it for free. That is exactly what Jack Dorsey is doing with squarest cash app. Basically, you get the service, you get all the features, you get everything. He wants to reach global adoption of this app. Global adoption of this service where people can easily buy. Do with their dollars, krypto, your desk. What is cash up? It’s it’s a very easy way for Americans to get into Bitcoin. And obviously from the beginning, when you’re new, you don’t want to be setting some kind of barrier to entry where you have super high fees and you’re charging people a lot. No, no. You want to do it basically for free. And then you can grow a lot while others are struggling to get to get growth. So that is exactly what they’re doing. And basically saying that we did that Bitcoin revenue because our role is to facilitate customers access to Bitcoin when customers buy through cash app. We only apply a small margin, very, very small margin to the market cost of bitcoin, which tends to be volatile and outside our control. And we understand that this is not something we’ve seen before. This is this amount of revenue going to cash app. And this mostly from Bitcoin. This amount of revenues, mostly from Bitcoin. You understand that it’s not something we’ve seen before. Basically 306 million out of five hundred and twenty eight million is from Bitcoin demand. Now, if you of course, compared to other metrics in our industry, 300 million in revenue is not a lot is not a lot. If you compare two bit, makes it competitive by a bit compared to bindis you compared to the big crypto companies that are basically targeting all red, you already invested. People cash up, you start using new people that are not yet invested in crypto. And so their revenue is obviously very small compared to buying those, you know, all of these guys. It’s super tiny. But what’s important to understand is that it’s completely different industries. They’re completely they’re two completely different industries. So you cannot really compare them. It’s apples and oranges, because I know that many people will say that, hey, it’s so small compared to other businesses, but not really. Not really. Because it’s completely different thing. And the reason why we’re seeing this push right now is because many people are feeling these four things. Number one, they’re losing faith in the governments worldwide. It’s not only in the US, it’s not only in Europe worldwide. People are losing faith in the governments. People are distressing the garus. Many people are unhappy, for example, how different governments have handled the Koronis situation. Many people are unhappy. The fact that some governments took a very, very hard stance. They did this lock down. Old businesses are bankrupt. Some people are not happy because the governments did not act. And enough. So it’s look, it’s different. The grass is always greener somewhere else. All right. But anyway, we’re seeing lots of faith in governments worldwide for all kinds of different reasons. And this reasons, by the way, they’ve been here for such a long time. It’s not just that the Koronis created the reasons that the that the the virus created this treasons. They’ve been here for a long time. We’ve seen inequality grow due to central banking due to cancel on effect. You know that the central banking basically takes money from the poor and gives it to the rich because only the rich can get cheap. Zero interest rate loans. They can get cheap capital while everyone else is getting inflate that and you hold your cash. But the rich guys get all the newly produced cash, so you just get you inflated and you get diluted in your holdings. So that’s number one. Number two, we have lower rates pushing speculators out of the risk curve because you cannot get yield anywhere. Let’s be honest, it’s very difficult to get yield. It’s very, very difficult to get yield nowadays. So one of the biggest macro drivers today is actually the fact that people want some kind of return on their money. And where do you get that? Not in a lot of places. Definitely not in the stock market, because it’s all overvalued, like crazy, insanely overvalued. And more more people are realizing that it’s all artificial at the end of the day. Basically, the stock market is now more expensive than it’s ever been before that it’s ever, ever, ever been before. Although we’re not at all time highs in the stock market, you see that the fundamentals are so much worse. And we’re basically at the valuations we had at the beginning of the year. But the fundamentals are so much worse. So basically you’re paying such a higher price for less fundamentals or more correctly to express that you’re paying the same price for. But for a way worse fundamentals, which means that it’s just more expensive. You’re just getting a bad deal. You’re getting a worse deal than you could get at the beginning of the year. So that’s key. That’s important. People are looking for other alternative assets. And you see that Bitcoin is one of these assets completely killing it in 2020. The best performing asset in 2020 will have negative real interest rates and Web inflation. So all of this is pushing people towards between. All of this is contributing to the fact that we are seeing global retail formal right now into Bitcoin. And it’s both good and as bad is good, good and bad. I will explain to you why it’s also a bit bad in this video as well. So you understand that this will probably continue. We will not see an end to the economic madness we’re seeing in the world. And to summarize, we have, number one, Google Trends going exponential right now for Bitcoin. We have square a reporting record activity. So this is this is the cash app article I showed you. And also, you know, yesterday we covered local Bitcoin activity in all kinds of countries, especially in. Africa also going exponential. All of this all of this contributes to the fact that we can literally go to new all time highs within months, within months. Very quickly, before most people realize Bitcoin only surprises you. But it’s very important to keep an eye and a very close look at the post hoarding dump, which I think is also very likely. Which is also very likely. So we will be discussing that. Now, what’s important to understand is that generally generally we’re seeing a lot of increase. And now we’re coming back to the square numbers to square up numbers. And basically, the the amount of Bitcoin purchased is right now 306 million. So this is the revenue we discussed just a few minutes ago. It’s up 72 percent from the fourth quarter of 2019 and up three hundred and sixty seven percent year over year. And please remember, this quarter was marked by one of the worst sell offs in Bitcoin history where we basically lost 50 percent in one day. It was insane. You know, in March, in March, everyone remembers March. We lost 50 percent in the day, which we recovered already. And now we’re the number one asset worldwide this year. So it’s important to understand that this is something that is truly, truly special, that we’re seeing this interest in Bitcoin, although we had this terrible month of March. So that being said, I think we can all now start talking about the higher the higher meaning of Bitcoin. Why are we here and what are we doing? And the goal is really to save capitalism. That’s what it’s all about. It is to save capitalism. Unfortunately, we don’t have capitalism right now in the US. It’s not how it works. You have centrally planned economy. If you people decide exactly who will get the money, if you people decide exactly whom to whom to give the newly produced money, it’s a centrally planned economy. And it is not a free market in any way. So that’s why we need to be talking about Bitcoin as a protest, because a lot of the inequality is a lot of the issues we’re seeing right now with different wealth gaps in societies. It’s not due to the fact that some people are super lazy. They don’t do anything. They just sit at home and that’s why they’re poor. That’s not about this issue. It’s not how it works. And then you have some very hardworking people who are billionaires. So this is the picture the media wants you to get that. Hey. Here are some, you know, poor losers who are lazy. And here we have the hardworking billionaires. And the only reason why is because they work so hard and they create a lot of value. Look, in many cases, it’s true as well. But nobody really mentions the Council on Effect, which I am preaching, which I am preaching all the time. And that is the fact that as you get more wealthy, you get exponentially more wealthy. Why is it so? Because you can literally take money from the poor through through central banking, through being close to the banks, through getting access to freshly printed fiat. And obviously that’s freshly painted fiat glassware into financial assets, which you hold, which you hold. So while the working class gets poorer and poorer and poorer because they can not get cheap loans, they get very expensive loans, they don’t have any assets, they don’t have any collateral. So the bank will not give them good loans. They will not be able to get freshly printed fiat on the good on the on good terms. It will not be possible. So that is really what is going on. So I felt this article was so brilliant. Bitcoin as a protest, Bitcoin as a protest. So that’s key. Now we are seeing right now a lot of people being very concerned about their life and what is going on. We’ve seen the expression, we’ve seen the expression of this situation in many ways. You know, the recent big wave of protest was actually in France with yellow vest movement. Why is it so? Well, because people get really, really tired that they’re not getting any benefit from the growth we’re seeing in all kinds of industries. And the middle class keeps getting poorer, poorer and poorer. The middle class is struggling more and more and more. And at the same time, you’re seeing CEOs being themselves more and more while the poorest in society keep getting less and less and less. And you see irresponsible companies spending the last 40 years pursuing short term Gaith gains at the expense of the taxpayers and the environment. And in this article, you will understand that it’s all about how money works. It’s not that these companies really have decided together that. All right, we’re going to be short term because we cannot think long term. There is none. It’s not like that. It’s not like this companies. And we’re talking about the biggest corporations in the world they don’t like. They came together and said, right now we’re only going to be thinking about short term. They in many cases, would also love to be thinking about long term, but just the way money works, which will also cover in this article. It incentivizes them to short to think short term, because if you don’t think short term, your competitor will think short term, their stock price will go up a lot and they will outcompetes you. They will dominate you. So that is basically how the incentive structure is set up, as you will see in this article in the few minutes. Now, what’s important to understand is that when times are good, you’re seeing CEOs being themselves a lot. You see huge dividends. You see a lot of. Of calls for governments to step away and look. Don’t don’t interfere with our corporate business. But when things get tough, obviously, obviously now government is very important to these corporations. They they come cap in hand and ask for tax funded bailouts to cover their reckless behavior. So that’s scheme. And why is it so? Why is it so? Why is it so that this cannot be changed? Well, because we see a lot of lobbying. We see a lot of push to keep this in place. We see a lot of status quo protectors to keep it in place. And the only thing you can do is to protest. I mean, if you don’t fly this, you could protest. But how do you do it? We’ve seen different people try with physical protests. It never works. So, for example, you could march in the streets yelling slogans and them and holding signs just like the other protests that have come and gone before. And you will make no difference, basically Argentina. Nice. Thank you so much for your DI donation, Mariano. Thank you so much. And big shelter to Argentina. But look at physical protest. You go out physically, you protest. You will not change anything because it’s so difficult nowadays. You will get arrested, look, or you will just stay there in the street and accomplish nothing. You saw, for example, Occupy Wall Street. They tried to do similar things like we’re talking about. They saw the same issues. They had hundreds of thousands of participants and accomplished exactly zero. Nothing. They accomplished absolutely zilch. Didn’t do anything. Why is it so? Well, because it’s very difficult for a physical protest to create any kind of change. Today, we’re living in a global world. The protests need to be digital. They need to go global. They need to reach millions and millions and millions and millions of people. So that’s that’s why we haven’t seen any physical protest succeeded. And if money is still flowing into the hands of the bankers, the CEOs and the government officials, the systems. This is what the system will never change. And why is money flowing that way? That’s important. Well, because the government can tax you through inflation. That’s one of the most important pieces in this article is not really about taxation per say, because increasing taxes is a politically very difficult task, even for the most powerful government. If you tried to increase taxes so that people feel all right. Now, we went from 25 percent to 28 percent to 30 percent. It feels bad. It feels very heavy. It feels bad. Instead, you have this stealth tax, which is inflation. Nobody cares about it. Nobody really asks questions about it because many people feel that it’s you know, it’s too complicated for them. They feel that it’s something only the economists can talk about. And the I’m the average Joe. I’m a bit too you know, I’m an educated to talk about this matters. This very complicated matters. And so I better not to ask questions. I better just work and pay taxes. And that’s it. Unfortunately, that is how it works. Many people don’t ask the simple question, how is money created? Where is inflation coming from? Who gets the newly produced money? Who gets it? And why do they get it? Are they friends with the right people? Who really decides? They don’t ask these questions. So that is why you’re seeing this continues funding and upholding of this status quo, because it has limited funding through inflation, obviously. And obviously, before we removed the gold standard, this was way more difficult to do, way, way more difficult to do so after the gold standard. Obviously, we’ve seen governments really make use of this and they used it in order to stay in power, to remain in the same kind of system. And you get unlimited funding through inflation, like we said. So basically, we’ve seen an 80 percent or more reduction in the purchasing power of the US dollar. Pound yen. And what is now known as the euro against gold. This is what happened. Obviously, when you do this printing, you do it at the expense of everyone else. And of course, they will try to tell you that we have to print. Look, it’s good for society. They will try to give you all kinds of mental gymnastics like I am always telling you about in order to justify it. But at the end of the day, you don’t need to make it more complicated. You have money. You make more money. Money becomes more or less worth. You have a supply. You increase the supply. Simple market mechanics increase supply means that the price will go down. If the demand stays the same and obviously the supply of money is skyrocketing, the demand is not following in the same direction. Anywhere close. So this is very, very big piece of this article. They talk about the situation with the currency being used to keep the status quo and to keep you in them in your place. So it should don’t do anything too crazy. All right. Why? Because at the end of the day, your fund, your funding will be inflated the way into the other hand. Now, moving on, what’s important to note here is that right now we’re not really seeing capitalism work as as it should. Why is it so? Well, because it is seen as a Zero-Sum game. It is seen as a Zero-Sum sum game, a game. And it wasn’t always like it. It wasn’t always like it. And this is why I want to go to this section about zombie. Capitalism. And by the way, I will link the full article here, you can read the section about zombie capitalism is important because for the longest time, most human societies viewed the economy as a Zero-Sum game. If you look at the thousands and thousands and thousands of years of our existence, it was basically a Zero-Sum game. For example, if I am able to increase my wealth, somebody has to lose. We have limited resources where to share them. And if a baker wants to sell more bread, it meant that fewer Jacki’s were sold for Detailer is zero sum. But it’s not like that since the 7th, 17th and 16th century, because during those times, capitalism really, really shine. It really, really shined. It was an amazing time because we went from zero sum to increasing the pie. And that was through trade because merchants in Europe in the 16th and 17th centuries stumbled upon a very fascinating, fascinating idea, and that is to use existing capital and not just hoard did not just hoard it, but actually reinvested into new enterprise, into new productive enterprise and grow that capital by increasing value for everyone. This was the light bulb moment that really took us from the Stone Age to where we are right now. That literally took us from medieval times with very low growth to where we are right now. So obviously now you could fund enterprises such as ships sailing to the New World for Trade that would come back with orders of magnitude more value than it took from the beginning that it took to fund the ships to even go to those places. So that is how we went from zero sum to increasing the by increasing the value for everyone. So this subtle shift from static wealth to that dynamic capital that could be deployed to generate a return was the spark that ignited the industrial revolution. And look, capitalism is so beautiful. This is amazing when we all act in our own self-interest and just human nature. I mean, you can be idealistic and you can say, hey, how unethical of everyone to think about themselves. Guess we’ll always be thinking about ourselves. And by the way, this is how Bitcoin is built as well. Everyone is agreed in Bitcoin as a miner, you want to earn money, but when you have incentives aligned so that when you can actually act on your greed, you’re doing something good, you’re securing the network, you’re securing transactions. And when we align the incentives, that’s when we truly move forward as human species. And the same thing with capitalism. When you have everyone trying to do their best to better the position for themselves, for their for their families, for their children or for their communities, you understand that if we align the incentives sought or everyone contributes to the to the better good by being actually selfish does the most amazing thing that can happen, because then, look, they don’t even have to have any kind of rulers because everyone is just acting the same as in the self-interest. And that is how we all contribute. That is how Bitcoin doesn’t have any rulers. Bitcoin has rules without rulers because we can basically assume that people will always want to make more money. That’s a constant in the universe. The human greed, it’s kind of like, you know, M.C. squared. And then Iceland actually also forgot times G, which is greed. This will always be there. And what’s important to realize in Bitcoin, you don’t even have to have formal rulers. You just have an algorithm that ensures that if you act in your own greed, is good for the network and is good for you. But anyway, capital could now be used to make better goods more efficiently in reaching these capitalists, as well as improving the lives of consumers in the process. That’s amazing. That’s amazing. But this all falls to pieces. This all falls to pieces. When the currency is distorted, when somebody manipulates the foundation, the platform, the operating system of this beautiful mechanism, and that is the currency, because as soon as you start messing around with the currency, you have a few guys thinking they know anything about interest rates, like you have the central bankers. Do you think five or 10 guys in their 50s, 60s and 70s can meet around a table and decide and decide the market rate for the entire economy, basically decide the pace of money for the entire economy? Do you think that’s even possible that a few people deciding that? Absolutely not. It has been tried over and over and over again. You cannot have centrally planned economies, especially when you have a few guys deciding how manual work and how manual because it’s costing and and who will be getting money and who is not. So that’s important. And obviously, when you distort, distort the currency, you mess up the whole capitalism system. That is why you have a few people being close to the printer. They have great banking connections. They get a lot of capital. You don’t get it, even though you might be smarter. You might be having better ideas. You might be even having a better business, but you just don’t have the. Right, connections, you will not be getting the freshly printed fear. So obviously, what does it lead to? It leads to the fact that the economy doesn’t know what things are worth. And you distort the price signals, just like in the Soviet Union. You know, my family’s from Soviet Union. You had the few guys also in their 70s and 60s trying to tell everyone how much one bread should cost. They tried to decide exactly how much a sweater should cost or glasses or chicken. They said this is the price. This is the fair price. We tried to calculate this is the price. You understand that nobody gets motivated because there is no profit. There is like not nothing to really do. And you cannot set a price on something that you don’t really know the process about of the process of the market prices. They really put a price on each individual action would take. Because bread is complicated and you need someone to make the wheat then flour value. Guy baking the bread does well. How does that price on that labor? It’s very difficult for you to do essentially. And if you tried to set it centrally. Well, maybe you said that’s wrong. So the guy pushing the bread into the oven now he’s unmotivated, so he sleeps too much. He doesn’t do any productivity because you mispriced his actions. That’s very important. And. And when you have markets instead deciding all of this, then everyone is charging so that they are motivated. So they actually make a profit. And then everyone is actually doing their best at max productivity. But that is not what we’re seeing when price signals are distorted, when somebody is trying to say, hey, you know, this should be costing this and this and this. And this is this. All right. And that is what the central banks are doing for for for money. Now, what’s important is also the opportunity cost. Obviously, the defenders of the system will say, well, look at Amazon. Look at Apple. Look at Microsoft. Look at how much they’ve done. And look at how much technology we’ve created as human species through this time when we had central banking. But what we don’t realize is the opportunity cost. How many brilliant companies and ideas did not get funding because the money market is artificial, because the money market is not really being set by the market. Bye is being said. But but by a few guys essentially playing the whole thing. We don’t know. The companies that never started with don’t know the inventions that never get invented. That is the opportunity cost. When you have government deciding for everyone else. So that’s important. Now, moving on. Moving on. So will you create zombie capitalism where the incentives are sharp? Share price growth at all costs? So this is what we discussed in the beginning. The short term focus is due to the fact how money works right now because the investors in the stock market, obviously their number one fear is inflation. They invest in the stock market to protect themselves against inflation, against inflation. And you see that inflation is coming when you have the Federal Reserve saying they have infinite amount of money. Let me just quickly play to. You don’t need to your A.T.M. is safe. Your banks are safe. There’s enough cash in the financial system and there is an infinite amount of cash at the Federal Reserve. We will do whatever we need to do to make sure that there’s enough cash in the banking system. These guys have emptied them out of cash. They have a printer. So basically, we right now have very short term mindset. If you invest in a stock, you need to do you need it to protect you against inflation. Basically tomorrow, the next quarter, they need to have good results. So the stock price goes up so I can invest more. So I’m protected against inflation. I as an investor, I’m very, very scared. I just want to invest in something. Please. Next quarter are protected from inflation. Please. Please. So this is what going was going on. And that is what is driving this short term madness where companies, instead of investing in long term growth, they’re buying back their stock. I mean, why would anyone want to do that, buying back their stock? The only reason is to increase the price so the investors are more happy. They can get even more investors. So we’re not really thinking in terms of growing the pie. We we’re more thinking in terms of Zero-Sum with glooming going back to zero sum game. So an inflationary currency incentivizes a society of consumerism is consumerism and debt based spending rather than long term saving, making households precautionary, susceptible to unseen disruptions such as the one we’re seeing right now. And we’re seeing unemployment we’ve never seen before in history. We’re literally talking about millions and millions and millions of people unemployed. This quick, just because the economy turned off for a few weeks after a few weeks already, you saw millions and millions and millions of people unemployed. Now we are in a few months. Now we’re approaching a few months and this is just growing exponentially as well. So it puts a massive pressure on businesses to focus all their efforts on increasing their stock price in the short term. And you see them doing things like buying back stocks and making their executives rich and artificially increasing their stock price. And look, you if you are an executive, you should become rich. Look, I love when people get rich. That is amazing. That is absolutely amazing. But it needs to be when they actually do something amazing for the world. Look, Jeff Bezos. He deserves to be a multi mega billionaire. Why he has created so much, so much value for the world. Look, you don’t have to go to a store. You get all everything at home. But at the same time, at the same time, this also becomes skewed, is become skewed when you have people also getting enormous amount of wealth without truly contributing, without really contributing. For example, buying back stock. And then if you are an executive, you get amazing bonus. So incentives are not aligned when it comes to society versus the the executives in this case. But all in all, obviously, it’s amazing when people get rich and they’re getting rich is just a natural and very important goal that I think many people need to have. I mean, it’s actually the vice versa. Too many people are ashamed to say that they want to get rich. Do I? Hey, I. I don’t want to get. I don’t want money. I want to create the better world environment, this and that. Look, we need to. But then they obviously it is just because for them maybe it sounds a bit harsh, you know, a bit harsh. Difficult to say. I want to get rich. I want money is completely fine. Everyone wants that. And if you have that mindset, obviously, you will be creating great things because that is the best way to do it together. You invent something amazing that people like you get rewarded. So that’s absolutely how it should be, because I know that when we are talking about this things, there’s always someone who’s gonna say, oh, all right. So. So now you want socialism or something? No, guys, no, we’re not talking about socialism. Instead, we are talking about even better, even better version of what we are right now calling capitalism, which is not truly capitalism at all. It is crony capitalism. But all in all. Let’s let’s scroll down to Bitcoin as a protest. Now, as you kind of know the basics, you know the basics. What’s important here is that you cannot truly do physical protest. You cannot do physical protest. It will be meaningless. Instead, you can do digital protest. Basically, you can just opt out. If you don’t want to be in the system, you just opt out. You opt out. You say I I’m not contributing. I’m not holding your your currency. I’m not holding your currency that this whole system is being built upon. Instead, I’m going to hold something completely different, something completely outside. I will be basing my life around something that is completely disconnected from this madness. I don’t want to be contributing to your system. And the best way and the most peaceful way to do it is actually to buy Bitcoin, because, look, Bitcoin isn’t some fad or competitor to people. It’s not what we’re talking about, like some kind of better payments app. It’s not. It’s not is completely changing how the system works and incentives in the system, incentives in our economy, because, look, incentives are not aligned, are not aligned. And the best case scenario is when we align the greed of humans, which is always going to be there. Remember the formula E equal MCE squared. But Einstein forgot. Times g the greed because it’s all always going to be there. And greed is also driving the energy. So that’s what I’m telling you. That equals energy equals mce squared. But where is greed because energy action. Make it you need to be a bit greedy to take action to, you know, to develop things. It’s normal. It’s normal. Humans are lazy. We agreed to we will move forward, but we each have a system where that is aligned when everyone is pushing, is pushing with their greed, but also make the world a better place in the process. Just like when this merchants, this dirty merchants, you know, merchants were very dirty. You didn’t want to be a merchant in the in the medieval Europe. Why is it. So you wanted to be an ability. Mobility was amazing that it was this that the status quo, these really ruled the continent mobility. And then, you know, these dirty merchants, they tried to make a profit in the cities. And that is how, by the way, nobility lost all their power. Why is it so? Because they were in the countryside. You know, I’m a Jew. I’m some kind of I don’t know. Juke is the word they think about. Let’s say I’m a Jew. I live in my castle in the countryside. I’m Nobilis. But then you have these dirty merchants, all right? They go to cities. They organize in the cities. And I am here in my carcel. Maybe I am Kaiser or whatever, and I’m like paying attention to those guys. There are somewhere they’re making some kind of trades that is below me. That is below me. I’m just using my castle. But then you see, man, these guys now they’re taking a ship. They’re using their greed to to really better everyone’s lives by taking the ship, sailing across the world, doing trades, increasing productivity, creating enormous value in the seats it sooner or later. These dirty merchants are now richer than I am in my castle, because, look, my castle, it doesn’t produce a lot. I have a few a few servants that do some sample data and the beat and beat forming, obviously. How can they outcompete the machines that basically one thousand one hundred eggs their money each time they go on the ship cruise and they come back with more goods and services. And here I am still doing some kind of farming. So obviously, nobility lost all of their meaningfulness. Nobody cares about mobility nowadays. I mean, sometimes you meet people who have this, you know, amazing last name, family name, and it seems cool and amazing, but they are basically nothing in society in terms of power. They’re just normal people nowadays. Nobody cares about them, although they might have a fantastic name. And that’s always nice. I wish I had such a name, but unfortunately you cannot change to such names. But they are very good branding. But in terms of power, it is more intrapreneurs. It is this dirty, dirty, dirty merchants that are now ruling the world to many extent, to a big extent. So that’s amazing. That’s amazing. And that’s how it should be. Anyway, in order for this to continue, we need to change of how money works. We have to change how money works. Now, that being said, this was actually quite a long segment. Guys, I have so much else to cover. I don’t know if we’ll have time. Let me let me do some coffee. Let me do some coffee, guys. How are you doing? How have you learned anything? Let me know in the chat. You can change your name anytime. Yeah, you can’t. You can. And I’ve done it already. But you can not do it and change to some kind of, you know, mobility and mobility name. You cannot do it. I can not go and change and have the same name as as the king. All right. Although that would be amazing. Why is why is it not allowed, though? I think like especially in Sweden, where we were not that proud in terms of, you know, in terms of people having the ability like a baby, you know, it’s a very like equal country. All people are equal. But anyway, even here, you cannot say I cannot go in and take the king’s name, although maybe I should try. Maybe I can. I can change it to almost his name. You know, he’s called Bernadotte. Maybe I can, like, misspell it or something. Or I can add like an extra an extra letter somewhere. It’s like this is scammer’s do on Instagram. You know, I have someone many scammer’s that that pretend to be me on Instagram. One of the most important ways they tried to scam you is that they misspelled my name. And instead of using I they use a small L. So it really seems like it is I am that that that that is writing to you. But it’s not. Ivan Ontake is just a small L in front. It looks like a big eye, but it’s a small L. And it’s fantastic how it works. I mean, really. Let me show it to Ivan on tech. So you see this. It actually seems like like this. It seems like I’m like, but this is an owl. So maybe I can do something like. Like they do, but with the king. All right. Anyway, we’re going to see it. We’re gonna see. We’re going to see. All right. All right. Right. That being said. Moving on, moving on to the situation with the volatility and the potential dump now that we have now that we have all of this, all of this pumping, all of this, hope you let me give you some some FUD. All right. We have had hope E.M.S. Now it’s time for FARD section. All right. Number one, we have some Bisleri interesting metrics in terms of volatility. Look at this in terms of volatility, we are seeing right now Bitcoin being less volatile than emerging currencies. I don’t even know if you can if you can see it. Let me actually zoom it in better. So basically, you see here below that this dotted yellow line is emerging currencies. And now the yellow dotted line is approaching and crossing the blue line right here, which means that the blue line is the Bitcoin. You see your bitcoin. And it means that the emerging currencies are now more volatile than actually than actually a bitcoin. So that’s it. Now, unfortunately, in some ways, it is a bit of a bearish signal, to be honest with you, because historically we’ve seen Bitcoin dump slightly damp slightly after this happens. It has happened before in the past as well, that the emerging currencies are are now approaching Bitcoin and moving past Bitcoin. But it has been correlated with the dumps. And I really want to highlight this, that I guess we might see we might see a post halving dump. It’s natural because many miners will not be profitable. Another important thing is the fact that we have a low volume on exchanges in the in the last month in April. So, for example, a bit makes has seen a massive traffic drop in April relative to other changes. Traffic is down by 40 percent. So that’s key. Coinbase is down by seven percent. So it seems like the new commerce are really pushing. We see, for example, cash up, going wild at the same time as our incumbents V v services we use astep, so to speak, professionals as people who already know how Bitcoin works. And so those are going down. So basically more people are just huddling. You have a lot of huddling going on, which is in the safe in this in itself. By the way, could be a positive, positive sign. Now, what else is important? I have a lot of news about DFI. Like, I had this topic, which is amazing about how to use arbitrage in Zevi, but I think we will keep it a bit today. But I want to highlight, too, that we do have an amazing DFI course in that guiding me. And we see Vesa coming with the 20 dollar generous donation. Thanks so much, Ivan. How does the U.S. Zick collapse? Hyperinflation affect bitcoin. Is Bitcoin. Is B.C.. What do you mean. I think Bitcoin is busy. Is full of not really sure what you mean there then. But let’s talk about how you as zeer collapse and hyperinflation affects bitcoin. I mean, obviously, the number one thing you need to be keeping in mind is the fact that people will be looking for assets once the panic really, really hits. You see that people will be trying to get anything they can get their hands on. That is not the currency. That is not the currency. You will see gold. You will see stocks. You will see all kinds, all kinds of assets skyrocket in terms of the local currency, just like in Venezuela, just like in the cellar. You see a lot of situation with that man. Thank you so much. Thank you so much. Thank you so much. For all the nations in Brazil. You always see you always see a bull market in the stock, in the stocks there. Hyperinflated Vesser, a big shout out to big. Big fat shout out to you. You also have a bull market, so obviously people will flock to different asses that are safe, that are stable and that they can use to protect themselves against the robbery that is going on with their national currency. Now, obviously, we cannot be measuring Bitcoin in dollars at that point. Long term, long term, we’ll see some other measurement, whether it’s going to be commodities, whether it’s going to be gold that will measure Bitcoin towards it’s not going to be a dollar in the long, long term. So I hope I hope that really answered your question. Let’s see if I’ve missed something. How does user collapse affect Bitcoin is. Yeah. I mean, B.S. I’m not sure what you mean by B.S. as B.S. is full of. Anyway, man. Anyway, let me go to Chad. Maybe you can clarify, but yes, VESA is one of the whales today in the chad, that’s for sure. That’s for sure. And now finally, this is an important thing. This is an important topic in terms of of Trump, because Trump is now getting relief, relief from money by the government. They’re now getting relief from the virus by the government. I thought this was superfine. That is just super finally, because Itron has spent money on all kinds of interesting things because you see, for example, them spending money on their own on the dinner with Warren Buffet. You also saw the spending vigil where he says that his coins the shit. All in all, they don’t want to come. They said that we are a private company. And this being a financial matter, we are unable to comment. I’m happy to share, however, that our first priority is to always follow the laws and regulations and so on, so forth. And so basically, the curves, like the Carers Act signed into law in late March, include hundreds of billions of dollars in relief, in relief funds to U.S. affected businesses. And you know that you have Tauron offices in San Francisco. So probably they applied. And according to this reporting, at least at least they got the grant. And now, once again, I just want to play you this fantastic, fantastic video by Tron. Let me see if I can find that worries at here. Hey, man, I love it. I love my show. China is a valid point. Everyone is amazing. It is fantastic music. One of the best visuals we’ve created in them in crypto cinematography since cinematography. All right, guys. All right. Let’s go to the chat. Let’s move on. Let’s have some discussions. Let’s have some discussions. And now it’s time for questions. I invite the magnificent chat to take a seat at our table at this table right here at this white, shiny, glossy table we have right here in the studio. Please welcome. Welcome. How are you guys doing? Drunk. And now for another lunch with Ivan, the executive for for this relief package. I can deal with Justin. No problem. No problem. Yes. I don’t know how to tag people. Cossette, you don’t tag you just write their name. Just copy paste their name in the chat. And when you do that, they will be highlighted for them. But only only the person you you write will be. Only they will see the highlighting. I don’t think Bitcoin will be measured against anything in the future. Once ordinary currencies have been retired, we will be living in new crowdfunding economy. That’s true. I mean, look, the dollar is the standard. Dollar is not measured against anything else. Everything is measured against the dollar. So I do agree with you. It’s a good take that in the future, probably other things will be measured, too. Bitcoin and Bitcoin doesn’t need any measurement. That does make sense. I can tell you, in effect, works also for countries. Look at. That’s true. That is true because we do see a distribution of wealth among countries as well. Just like you have poor people not getting the fresh print and money. You also see countries that do not have a reserve currency. Also being at a disadvantage, because when you have a reserve currency, you can print money how you want. Well, other countries will have to huddle your euro currency, the euro right now inflating. So that’s that’s very, very true. Crowdfunding is an amazing redirection of wealth. Agora with you. It all should be through crowdfunding because that is free market. We’re, by the way, right now seeing this with the journalism. Journalism is being disrupted, disrupted left and right. And this big media houses, they’re really struggling. And this, by the way. Good to see because you see platforms like YouTube, like Twitter, where you have all kinds of different people explaining news, sharing information. Many people have their own Web site. Many people have their own ways of reaching their audiences. Obviously, nobody cares about the mainstream media. Nobody cares about these big newspapers. They’re trying to sell you. They’re trying to sell it as big newspapers. So they become completely irrelevant. And you instead have crowdfunding. A lot of the channels they have patron or like we have our supercharges. So if you want to crowdfund our channel, you like the information, you can use the Superjet. And that is how you have free market journalism. And it’s funny, in Sweden, we have this debate that these big newspapers are actually saying that this journalists that there are beggars. They’re begging for donations. You know, these dirty beggars. They’re saying, just like the nobility said, you know, these dirty merchants, they think that there’s some kind of nobility because they have an old newspaper that has been around for 50, 60 years. Nobody cares about their newspaper. It’s trash. It’s trash at the end of the day compared to the Internet and what is going on in the Internet. And they have got to say that the journalists on enchante, the independent journalists are beggars because they’re asking for a donation like patron donation, for example. In reality, what is going on is that we have journalism completely being disrupted. It’s all decentralized. You have independent creators. You have independent media. And that that is the way forward. And it’s all being funded by by crowdfunding, to be honest. It’s all being funded by crowdfunding. So that’s key. That’s absolutely key. All right. All right. Like real vision. Exactly. Kryptonite. Not like real vision. That’s exactly sure. Ivan, what is the best holding during the hubbing month? Goose? Look, it’s very personal exactly what to hold, but it’s very important to be long term. It’s very important to be long term, because at the end of the day, you realize that you cannot time the market. We might see a post having dump, but for you to time, it is going to be difficult. Thanos, thank you so much for the nation. Ten dollars. And good to see those fireworks finally firing. Hi, Ivan. From monopoly to perfect competition, profits are maximized where marginal revenues equal marginal costs. Hence production is constrained by profit and not by resources for Ansen BS. If the latter does not apply, while profit may be the driver, this is also interesting thing from anthropological and philosophical point of view. That is true. That is absolutely true. I agree with your families. That was an interesting perspective. But all in all, for most people it’s important to realize that it’s all about growing the cake. I mean, capitalism is all about growing the cake. And although although you might see some kind of profit gap like you talk about at the end of the day, it’s all about growing the cake in ways that we’ve never imagined before. Never, ever. We imagine that there will be a big advertising industry online digitally to billions and billions of dollars. And now anyone can reach their audience very quickly through advertising. Nobody would have imagined we’ve grown the cake. Now we’re more efficient. Nobody would have imagined that we can do this Lifestream, and we can communicate with millions of people on a monthly basis without like sending letters or distributing pics. We like we’re growing the cake. That’s important thing to realize here. And and that cake is not growing. When money is messed up, when money is messed up, capital not directed correctly. Capital is misdirected. So, yeah, that that’s when it’s really not good. Your bite. Yeah. Yeah man. I know Bidart Link is black in them in dark mold. That is true. We need to fix it. So see, the bonus land has a bike in India so you need to go to the light mode yet. We’ll fix it. We’ll fix it. I know it since yesterday. All right. I just didn’t have time to fix it. We are the cake, says VLF. That’s interesting perspective. You are the cake that I mean, in many cases. You are being a product without mentioning it. Without really realizing it. If that is what you mean. That is also correct. Yep. Ivens cake is growing with quality and consistent, Johnny. That is at these days. I mean obviously is all about consistency in life, in business. Any time you have any kind of of goal, it’s all about consistency. A bigger pie would be amazing to let them eat cake. Yes, cake would be amazing. But I guess I’m not eating cake nowadays. I am losing a bit of weight that is at Dasia. We’ll see how it goes. If you want to follow this fantastic weight loss journey, weight loss experiment, go to I the slash life. If you are watching on YouTube, subscribe here. Click enable web, enable notifications on telegram and you will be updated about everything, about everything that we’re doing here. But that’s that’s basically it. That’s basically it. Thank you so much for it for being here yet again, guys. Thank you so much for contributing to the stream. We’re almost at one hour. That’s always amazing. Big shout out to Natal Elavil Lovell. Not really sure how to say it, but Natha. Any way for a diver for doing the timestamp. Thanks so much to four Gabbar. Doing a lot of programming and see you all tomorrow guys at eight a.m. Central pian summertime. Don’t forget Don not. What is this Don. Not do not. Do not. Sometimes you know Englishman. It’s difficult language to be honest with you and you really need the brain to do the work for you. But anyway, do not. Do not forget the free webinar about stacking massive amounts of SAS link in the description. And do not forget the bonus land with Vibert and Fenwicks. You can find it on after the com slash live. You get all the bonus land here anyway. Thank you so much and see you all tomorrow at eight a.m.. Have a good day and good bye guys. Goodbye. Goodbye. Goodbye.
source https://www.cryptosharks.net/bitcoin-retail-madness-urgent-metric-btc-halving/
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kristinsimmons · 5 years
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8 Fresh Tooth Fairy Ideas + 2019 Rates by State [Parent’s Guide]
Want to comfort and celebrate your child losing baby teeth with a memorable tooth fairy tradition? Well, don’t tell anyone…But, since he’s a dentist, my dad knows her personally. 🧚
I’m here to fill you in on the best ways to celebrate the tooth fairy, plus what she’s paying out these days and how to get her to email your child a personal congratulations on losing a tooth.
(Want us to send your child an email from the tooth fairy? You can skip to the section on how to write a tooth fairy letter, or just fill out the form right here.)
Get an Email from the Tooth Fairy
Disclosure:
Ask the Dentist is supported by readers. If you use one of the links below and buy something, Ask the Dentist makes a little bit of money at no additional cost to you. I rigorously research, test, and use thousands of products every year, but recommend only a small fraction of these. I only promote products that I truly feel will be valuable to you in improving your oral health.
When the Tooth Fairy is Your Dentist Dad
The tooth fairy remains one of my most vivid memories from childhood. Perhaps having a father as a dentist will do that.
When I was seven years old, I accidentally swallowed a loose tooth during a baseball game. I was devastated that the tooth fairy wouldn’t be able to come. My parents acted disappointed along with me.
Yet, lo and behold, that night, she did come. The next morning, I woke up to a hand-written note explaining that she had flown down my mouth to retrieve the tooth. This magical visitor warned me to be more careful next time, as it was quite the ordeal for her and she had many other children to visit that night.
But this was all over 20 years ago. As I prepare to carry on the tradition with my own daughter, I wanted to find out—what’s changed? What hasn’t? What does playing the tooth fairy for my child look like in 2019?
And, to be honest, I had some reservations about “lying” to our daughter. Personally, I was devastated when I learned that Santa Claus, the Easter bunny, and the tooth fairy weren’t real at the ripe old age of 10 (I know, I know).
What does a tooth fairy do?
First, a child loses a baby tooth and places it under their pillow or on their nightstand. The tooth fairy visits while the child sleeps, taking the tooth and exchanging it with a coin, a note or receipt, or a few dollars.
But is that all the tooth fairy does?
I’ll be honest…Even though I had happy memories of this mystical experience from childhood, I questioned whether I wanted to carry on the tradition with my child. Isn’t it lying? And isn’t it a bizarre thing to be exchanging old body parts for money?
But the more I learned, the more I realized that the tooth fairy is actually a crucial part of a child’s development during what can be a scary time.
Perhaps that explains why the origins of the tooth fairy extend hundreds of years back. Some report the Tooth Fairy showing up in print as far back as 1927, and perhaps as far back as the beginning of human history.
According to Michael Higston, a reporter from Salon, “Every recorded human culture has some kind of tradition surrounding the disposal of a child’s lost baby teeth.”
Here are a couple stories shared with me in a Facebook group of fun tooth fairy experiences:
“I didn’t grow up in the U.S. and there’s no tooth fairy where I come from. You sing a song for the mouse to take your tooth and bring you a nice, shiny one instead and throw it on the roof. That’s what I’ve been doing with my kids. Nowadays they ask why the tooth fairy doesn’t come to our house.”
“Our tooth fairy is named Lucinda. She’s a good fairy, but she’s a bit absent-minded, as fairies tend to be. Sometimes she’d lose her way and may take a few days to get here; sometimes she’d leave a coin but forgets to take the tooth. Last night she took only 1 of the 2 teeth under the pillow but left a few gold coins. We talk about Lucinda’s antics endearingly. We think she is Lucinda in Ella Enchanted and we think she will come back for the tooth she absent-mindedly left behind last night.”
To Provide Comfort in Pain & Fear
The tooth fairy myth offers comfort during this strange and uncomfortable time, and provides magic and even meaning for children in a developmentally appropriate way.
Losing a tooth can be quite scary, especially for younger children.
This is something I had forgotten as an adult—but there’s the anxiety of the long period where you have a wiggly tooth and you’re waiting for it to come out. I remember refusing to let anybody touch by wiggly tooth, even as my parents begged me to let them just take it out—it got so loose that it was actually leaning to one side!
I was protective of the tooth, anxious about the pain, and unsure of what it would be like to lose it. Once the tooth did come out (my dad had to pull it out), there was pain and blood.
The tooth fairy is the celebration of a milestone as well as comfort to children through what can be a scary or uncomfortable transition. It’s traumatic for a child to lose a body part, especially for the first time!
To Celebrate and Motivate
And for other kids who aren’t afraid, losing a tooth is something to celebrate. The tooth fairy marks the occasion for both parents and kids. Who could complain about adding a little magic to a child’s life?
Some tooth fairies leave a note along with money to praise the child for good dental hygiene habits and oral health. This can be extremely motivating for a child and provides motivation to brush and floss.
What does the tooth fairy look like?
Depending on where you live, the tooth fairy might not be a “fairy” at all. Children’s teeth are taken night after night by mice, tissues, and even trees. We share some stories from around the world in the next section, but here’s a fun map of a few of the ways the tooth fairy is depicted.
Ask your child! “What do YOU think she looks like?” Guaranteed, you’ll get an interesting answer!
Tooth Fairy Stories & Traditions Around the World
Since nearly every culture in the world marks the loss of baby teeth in different ways, I searched for what this looks like in countries around the globe.
In Spanish-speaking countries, France, as well as Belgium, children leave their lost teeth under their pillow for a little mouse. The American tooth fairy is not dissimilar from el Ratóncito Pérez. This mouse collects the tooth in exchange for a coin, similar to the tooth fairy.
In many Asian countries—including India, China, Japan, Korea and Vietnam—children throw their lost tooth on the roof or bury it, depending on whether the lost tooth came from the upper or lower jaw.
Hence the title of this book, which details traditions from all over the world when children lose a tooth: Throw Your Tooth on the Roof.
Here are some of the ways the “tooth fairy” celebrates lost baby teeth in various countries, quoted from Throw Your Tooth on the Roof:
North America
United States/Canada: We celebrate with the tooth fairy, who visits during the night to pay us a few dollars for losing a tooth. Sometimes, she leaves a note!
Mexico: “I leave my tooth in a box on the bedside table in hopes that El Ratón, the magic mouse, will take my tooth and bring me some money. He leaves more money for a front tooth.”
Navajo: “My mother saves my tooth until my mouth stops hurting. We take my tooth to the southeast, away from our house. We bury the tooth on the east side of a healthy young sagebrush, rabbitbrush or pinyon tree because we believe that east is the direction associated with childhood.”
Yellowknife Déné: My mother or grandmother takes my tooth and puts it in a tree and then my family dances around it. This makes certain that my new tooth will grow in as straight as a tree.
Central America & the Caribbean
Costa Rica: “My mother takes my tooth and has it plated with gold and made into an earring for me to wear.”
Dominican Republic: “I throw my tooth on the roof of my house so a mouse can come take it away and bring me a better one. Sometimes I get money when I do this.”
El Salvador: “I put my tooth under my pillow. My father says that during the night a rabbit will come. It will take my tooth and leave me some money.”
Guatemala: “I put my tooth under my pillow and wait for El Ratéon to leave me some money.”
South America
Argentina: “I put my tooth in a glass of water. During the night a little mouse called el Ratóncito will come and drink all the water, take my tooth, and leave me some coins or candy in the empty glass.”
Brazil: “I throw my tooth outside and say this poem: Lovely birds, dear birds, take away this tooth of mine and bring another one to me.” The birds only take clean teeth so I must brush my teeth every day.”
Colombia: “I put my tooth under my pillow and wait for a mouse called El Ratón Miguelito to take my tooth and leave money in its place.”
Chile: “I give my tooth to my mother. She will have it made into a charm, set in gold or silver, so I can wear it as a necklace or an earring.”
Venezuela: “I put my tooth under my pillow. While I am asleep, a mouse will take the tooth and bring me some coins.”
Europe
Turkey: “If my parents want me to grow up to graduate from school, they might bury my tooth in the garden of the university. If they hope I will become a doctor, they bury it in the garden of a hospital, or they bury it in a soccer field so I will be a good soccer player.”
Denmark: “I put my tooth under my pillow at night and wait for the tooth fairy called Tand Feen to take my tooth and leave me some money.”
England: “When I go to sleep, I put my tooth under my pillow and wait for the Tooth Fairy to come.”
France: “I put my tooth under my pillow. A mouse, La Petite Souris, will come to take it and leave a gift for me.”
Sweden: “I put my tooth in a glass of water. In the morning my tooth will be gone and a coin will be in the glass.”
Africa
Cameroon: “I throw my tooth over the roof, shouting, “Take this bad tooth and bring me a new one.” Then I hop around my house on one foot and everyone laughs.”
Egypt: “I wrap my tooth in some cotton or a tissue and take it outside. I say, “Shining sun, shining sun, take this buffalo’s tooth and bring me a bride’s tooth.” Then I throw the tooth high up, at the eye of the sun. (The Arabic word for bride is aroussa, which also means a candy or sweet.)”
Mali: “I throw my tooth in the chicken coop. The next day I might find a big fat hen in the coop and my mother will make chicken soup.”
Nigeria: “I hold my tooth in my fist with eight stones to make a total of nine (a girl will hold six stones and her tooth to make seven). Next, I close my eyes, say my name out loud, count to the number in my fist, and say, “Oh, I want my tooth back!” Then I throw them and run away. It is very important to run away.”
South Africa: “I leave my tooth in a slipper in my room. Tonight a mouse will come, take my tooth, and leave me a gift. My sister is afraid of mice so she left her slipper outside her door. The mouse left her a present anyway.”
Asia
China: “I put my upper tooth at the foot of my bed and the bottom tooth on the roof. My parents say that it will make my new tooth grow in faster.”
Kazakhstan: “I drop my tooth under the bathtub and say, “Mouse, mouse, bring me a new tooth, please.” We don’t have any mice in our apartment but I do it anyway.”
Kyrgyzstan: “I roll my tooth in bread and give it to an animal, preferably to a mouse because they have healthy sharp white teeth that grow quickly. If I feed it to a dog, I might get ugly yellow dog teeth.”
Russia: “My mother said to put my tooth in a mouse hole in the ground.”
Lithuania: “I keep my tooth as a keepsake.”
India: “I throw my tooth on the roof and ask the sparrow to bring me a new one.”
Sri Lanka: “I close my eyes and say, “Squirrel, squirrel, take this tooth and give me a new one.” Then I throw the tooth on the roof and run into the house without looking.”
Philippines: “I hide my tooth in a special place and make a wish. A year later, if I can still find my tooth, I can make another wish.”
Australia & New Zealand
Aboriginal Australians: “My family helps me put my tooth inside the shoot of a pandanus plant so that when the pandanus grows into a tree, my tooth will grow too. There are spirits in the pandanus leaves that will look after me while my tooth is growing.”
Australia: “I put my tooth under my pillow and wait for the Tooth Fairy to take my tooth and bring me some money.”
New Zealand-Maori: “I put my tooth under my pillow. My parents will collect the tooth and give me a small gift. Then they will throw my tooth into the mighty river, the Waikato. My tribe is named after the river.”
Want to see more countries and beautiful illustrations from these stories and more? I highly recommend sharing Throw Your Tooth on the Roof with your child!
8 of Our Favorite Tooth Fairy Ideas to Celebrate Losing Baby Teeth
1. Use foreign currency.
A coin from Canada or Mexico could indicate where the Tooth Fairy’s last visit was, and maybe spur a fun conversation for a kid who loves travel or geography!
2. Give a toy or book instead of money.
You know your kid best—and hey, wouldn’t it be fun to get to be Santa more than once a year?
I also love this toothbrush to encourage fun toothbrushing time, if you’d like to get a more dental-specific gift.
3. Use Sacagawea coins for added whimsy.
Go to the bank and stock up with a roll of gold Sacagawea coins. A $1 coin costs $1 and you can get them at the bank. They’re legal tender!
There are 20 primary teeth, so get 20 coins if you don’t want to make a second trip to the bank.
4. Have the tooth fairy send your child a gift.
Gift a tooth pillow or a fun monster pillow with a tooth fairy receipt notepad. I love these for anyone worried their child will recognize their handwriting but who still wants to leave a note! Plus, it comes from the tooth fairy herself.
Have a more tech-loving child? Especially as your little one loses baby teeth and is learning to read, we’d love to send them a personalized email from the tooth fairy.
All you have to do is click the button below and enter your email, name, and child’s name.
Get an Email from the Tooth Fairy
5. Use a printed tooth chart.
Print out a chart to let your child see their tooth losing progress. This lets them take an active part in their mouth.
When kids do this, they take care of their teeth for life, so it’s much more than just a fun tradition!
6. Write down how it fell out in a little journal.
These stories are fun! Snap a photo of your child for the baby book for memories they’ll one day be able to share with their children.
7. Share the reality of why the good fairy is a celebrated fictional character.
For parents like me who are worried about “lying” to their children, check out this book which was recommended to me by several moms: The (Wonderful) Truth About Santa.
One reviewer put it best:
“Miraculously, this book tells the real truth about Santa Claus in a way that makes it even more joyous and beautiful. If you have young children and celebrate this aspect of Christmas, you need this book at some point.
“If you’d rather not deceive your children about the reality of Santa, you can begin reading this book to them now. If you prefer to take the “Santa is real (and literal)” approach, this book can help you explain it to them once they discover the truth.”
8. Go all out with the fairy experience.
Amazon sells pixie or fairy dust that you can sprinkle on the money left by the bedside, around the house or, if you really want to go all out, you can sprinkle the dust outside the window and down the street!
Whatever your particular brand of whimsy, leaving “evidence” of the tooth fairy’s visit can help create a magical and exciting experience.
How much does the tooth fairy leave these days?
Ever wondered what the going rate is for the Tooth Fairy? We decided to run a tooth fairy poll of over 1700 US parents and find out…
Here’s a map of what we found. Scroll below to see the chart by state!
State Average Payout Alabama 3.08 Alaska 3.83 Arizona 2.97 Arkansas 3.72 California 3.61 Colorado 3.47 Connecticut 3.23 Delaware 4.46 District of Columbia 3.71 Florida 2.97 Georgia 3.7 Hawaii 3.57 Idaho 3.36 Illinois 3.41 Indiana 3.42 Iowa 3.91 Kansas 3.62 Kentucky 3.2 Louisiana 3.22 Maine 3.06 Maryland 3.2 Massachusetts 2.56 Michigan 3.33 Minnesota 3.29 Mississippi 3.12 Missouri 3.43 Montana 4.35 Nebraska 3.27 Nevada 3.93 New Hampshire 3.77 New Jersey 3.21 New Mexico 3.6 New York 3.53 North Carolina 2.97 North Dakota 4.15 Ohio 3.11 Oklahoma 3.86 Oregon 2.87 Pennsylvania 3.28 Rhode Island 4.02 South Carolina 2.75 South Dakota 3.62 Tennessee 2.8 Texas 3.56 Utah 3.25 Vermont 3.98 Virginia 3.12 Washington 3.23 West Virginia 3.86 Wisconsin 2.74 Wyoming 4.33
How to Write a Tooth Fairy Letter
There WILL be a time when you are busy and forget…so tell the kids you have to email the fairy for a tooth pick up. That way, they know to blame you for forgetting to notify the tooth fairy instead of the fairy for having fallible magic.
If you’d like to send us an email, we have a partnership with the Tooth Fairy herself and will respond to your child! Just click the button below to enter your information.
Get an Email from the Tooth Fairy
Have a forgetful Tooth Fairy in your house? You’ll want to hang on to this email address so you’ll be able to send a note to her supervisor and act just as disappointed along with your child. (You’ll even be able to respond to the tooth fairy’s email here at Ask the Dentist!)
The tooth fairy also sometimes leaves notes in tiny cursive, written with a sparkly purple gel pen. The notes can answer anything! Think about these options:
Questions left by the kids (Where do you live? How old are you?)
Comments on how long it had been since she has visited
Plights about how tough it was to get to our house on a windy night
How excited the tooth fairy was to see a clean room
Resources
If you love printables and creative giveaways as much as me, you’ll love these resources for celebrating the tooth fairy:
Scholastic’s Letter to the Tooth Fairy — Help your child write a letter to the fairy about their lost tooth experience and teach them good vocabulary!
Party with Unicorn’s Printables — From a tooth fairy certificate in pink or blue, to a printable door hanger, to a box to store a lost tooth, these free printables are a ton of fun.
Party with Unicorn’s Tooth Fairy Coloring Pages — Got a little one who can’t get enough of creating art? These sweet coloring pages are perfect for celebrating a visit from the good fairy.
Momdot’s Tooth Fairy Receipt — Train ‘em young to keep those receipts! 😉 Seriously, though, your kid may love a personalized reminder of the tooth they lost.
Tooth Fairy Pressed Penny — No printer? Want a more tangible gift your child can keep through adulthood? This pressed penny keepsake is a perfect option.
Celebrating Childhood
It’s not just an outdated tradition—it’s important to help kids with a major milestone.
Some parents don’t make it so literal—they tell the kids, “we pretend the Tooth Fairy comes.” Some parents go all out. Some parents abandon the tradition altogether—who needs yet another thing? You know your kid and yourself best.
“For this kind of thing, we love to do the traditions, but I say something like “we pretend the tooth fairy comes and does x y z” instead of “the tooth fairy comes and does x y z”. It’s like a fun game we play together which kids love to do with adults, and still feels real and very magical to small children, but also doesn’t set us up for a potential moment of betrayal down the road.”
Our daughter is only two years old, so I don’t know what we’ll do for her when she loses her first tooth.
But what I do know is that the Tooth Fairy will definitely be paying her a visit—whether it’s with a toy, a note, a little Tooth Fairy door, or a shiny gold coin.
I can’t wait to give her the same magical experience that I shared with my dad when I was a kid. Yes, it’s kind of an odd tradition, but why not create a new memory with your child and have fun with it? Otherwise, it’ll be just another day.
My advice—you do you! With our daughter, we like to make every tradition our own with a little spin on it. Lower your expectations and see where it leads you.
You and your child may have funny stories to laugh about years from now!
The post 8 Fresh Tooth Fairy Ideas + 2019 Rates by State [Parent’s Guide] appeared first on Ask the Dentist.
8 Fresh Tooth Fairy Ideas + 2019 Rates by State [Parent’s Guide] published first on https://wittooth.tumblr.com/
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florserle295-blog · 6 years
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Adventure Journey In Portugal
Bananas are the world's favourite fruit and many nations rely on banana trees to produce its citizens with this delicious food product to save lots of them from famines. Many local outlets provide locally produced hams and varieties of 'Medronho' (a brandy comprised of the Arbutus fruit that symbolises frienship) as well as hand made craft items. After immersing yourself with music, literature and athletics throughout your visit to Portugal, it is crucial that you simply try the wine and the native cuisines. Lagos: This town is a mix of magnificent cliffs and sandy white seashores. cheap hotels kansas city ks Portugal's self-discipline among folks and policies that has been carried out has preserved its countryside and the charm of towns and different sources within the land. Cameroon has qualified six times for the FIFA World Cup, more than some other African nation. 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bslmgoldgovnet · 6 months
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bslmgoldgovnet · 2 years
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Sugilite Gemstone Sugilite is one of the major love semiprecious Gemstone. Sugilite is a rare crystal of cyclosilicate material. A significant deposit of sugilite was found in the South Africa in the year 1979 in a manganese mine.
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Bertoua Savanna Local Miners (BSLMgold) in Africa Cameroon. we are collectors of Gold and rough diamonds in Cameroon and do collect from local miners around the village council and then resell them to worldwide vendors . our prices are very good. visit here https://bslmgold-gov.net/
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