Breaking: $1,200 Payments to Every American?
60sDirectly reveals the leaked stimulus check details, a topic of massive public interest and urgency.
▶ Play Clip"The title promises breaking news on $1,200 payments, and the video delivers that, but it's padded with casual banter and lockdown talk."
In this live stream, the hosts discuss breaking news about the U.S. Congress's proposed $1,200 direct payments to Americans as part of a $1 trillion stimulus package, while also sharing their experiences of lockdown in Los Angeles and fielding questions about Bitcoin and the economy.
The hosts are in lockdown in LA, with bars and restaurants closed, and they rely on the live stream as their only connection to the outside world.
Leaked legislation obtained by the Associated Press reveals a Republican plan for direct payments of $1,200 per person, with $500 per child, as part of a $1 trillion rescue package.
Individuals making under $75,000 are eligible for the full $1,200 payment, with the amount phasing down at higher income levels.
Democrats prefer to use federal dollars to keep workers on payrolls rather than issuing one-time checks, aiming for a continuous income stream instead.
The hosts note that the plan will be decided tomorrow, and both sides agree that some form of direct aid will happen.
LocalBitcoins in China shows a 300% premium over spot price, indicating high demand for Bitcoin as a way to move wealth amid capital controls.
The hosts discuss how the government printing money raises questions about the value of fiat and why taxes are needed, leading to Bitcoin's value proposition.
Bitcoin has been uncorrelated with the stock market in the past 24-48 hours, with Bitcoin up 20% while stocks dip.
Unemployment applications could reach 15-30% if the shutdown continues, highlighting the severity of the economic impact.
The hosts correct a previous statement: taxes must be filed by July 15, but payment is also extended to that date.
The hosts discuss why Bitcoin Cash pumped more than Bitcoin, attributing it to illiquidity and new investors confusing it with Bitcoin.
The hosts discuss a tweet they made about doctors and nurses, which some found offensive, but they defend it as a meme with levity.
Aaron mentions an upcoming video analyzing bear markets over the last 100 years and a second half focused on Chainlink.
The hosts debate whether XRP qualifies as money, noting it is not scarce, durable, or decentralized, and lacks a long history.
The hosts highlight CD Projekt Red stock at $17 per share as a potential buy, noting it as a great opportunity.
The live stream covers the proposed $1,200 stimulus payments and their implications, while also touching on Bitcoin's role as a hedge, the economic impact of the pandemic, and the hosts' personal lockdown experiences.
What is the proposed direct payment amount per person in the Republican stimulus plan?
$1,200 per person, with $500 per child.
05:17
What is the income threshold for individuals to receive the full $1,200 payment?
Under $75,000.
08:19
What is the Democrats' alternative to one-time checks?
Using federal dollars to keep workers on payrolls, creating an income stream.
09:19
What premium did LocalBitcoins in China show over spot price?
A 300% premium.
16:16
What is the projected unemployment rate if the shutdown continues?
Between 15% and 30%.
25:22
What is the tax filing deadline extension?
July 15th for both filing and payment.
29:17
Why did Bitcoin Cash pump harder than Bitcoin?
Due to illiquidity and new investors confusing it with Bitcoin.
29:32
What are the properties of money mentioned?
Scarce, durable, persistent, established history, and decentralized.
43:24
What stock did the hosts recommend?
CD Projekt Red at $17 per share.
44:10
Direct Payments of $1,200
This is the core breaking news that the video title promises, providing concrete details of the stimulus plan.
05:17Bitcoin Premium in China
Highlights Bitcoin's role as a hedge against capital controls and economic uncertainty.
16:16Questioning Taxes and Money Printing
Raises a fundamental question about fiat currency value, leading to Bitcoin's value proposition.
18:36Unemployment Projections
Provides a stark statistic on the economic impact of the pandemic.
25:22XRP and Properties of Money
Applies economic principles to evaluate a cryptocurrency, offering a framework for analysis.
43:24[00:09] only connection to the outside world right now we are locked down in Los Angeles the bars are closed the restaurants are closed and today we news here literally our only connection to the outside world so stick with us on
[00:25] this hit the like button we want to hear what you're doing in this lockdown we have breaking news they were bringing to you we have a leaked document brock's it brought to you by us from the associate press a direct payments coming to every
[00:38] American guys this live stream is going to start in four minutes let's come on in literally literally you are the only people we have to talk to and my bro
[00:50] people we have to talk to and my bro he'll be on the chat talking to you by the way where we are tuning in from we're in LA you are from trying to find
[01:02] we're in LA you are from trying to find our little sometimes I just circle in our little sometimes I just circle in guys I will definitely bring it up
[01:23] not seeing it Oh we're live oh oh we're live all right hey Z David says it's not to every American and you're absolutely right we've been hearing rumors about this for a long time we have the exact details on what the US Republican
[01:37] Congress is proposing or bring it to you what's up Detroit malware Thomann what's up New York yeah where you guys tuning in from oh we got a high from Ventura
[01:51] hey Austin from South Carolina Marty our guys just to none in this live stream is guys just to none in this live stream is starting in three minutes three minutes
[02:05] this information out there to as many people as possible we have 33 likes 500 people watching I'm gonna tweet this out yeah you do it tweet this out we have a
[02:19] lot of questions coming in on the exact details of this news story and again we've been hearing rumors about this for a long time the new information we have today we have obtained a copy of the legislation obtained by The Associated
[02:33] legislation obtained by The Associated Press so get excited starting in two minutes circle in circle all-in guys we got circle in circle all-in guys we got Compton in the house what's up Chicago
[02:53] now Aaron and I we've been on lockdown for the last week it seems like and we have literally only had ourselves to talk to there's only so many times they pull up our Twitter and ask him to retweet this okay let's see our Twitter
[03:12] we just tweeted out the link if you guys wanted to head on over to altcoin daily ioin head on over to old coin daily io and either a retweet this or B comment question and we'll be checking back later yeah I
[03:29] think this livestream would be most fun if we got a lot of people commenting what they're doing in lockdown back to the compound escape la I can't and then I'm going to pull up the comma we're on lockdown starting in 1 minute 30 seconds
[03:43] do people in the military get a check Dustin we will talk about all the details we know Trump takes care of our veterans that's our chasm no that's just I really
[03:56] does hey we got an Ohio in the house Chris wise okay Charlotte North Carolina I like it I've been watching for two months love you guys love you too Elise Rock I love you I love you I'm starting in one
[04:13] you I love you I'm starting in one minute guys one minute one minute I'm drinking water today got to keep the immune system healthy we have about 200 likes yet 700 people tuning in everybody 50
[04:26] seconds till we begin every single person listening hit the like button that's a very small thing you can do it takes two seconds it's gonna get this video out there to as many people as possible I would bet that we'd have a
[04:39] few cryptocurrency celebrities revealing themselves in the checked whoa who who is a celebrity and crypto exactly it's like it's like the who's who and the who's who's that but I you some of you guys are celebrities of our chat all the
[04:52] names are recognized not only at the second but okay guys beginning in 40 no beginning in 16 seconds that's true 16 seconds well for for blockchain says
[05:04] like up like it up guys like it up what do you want what do we want to talk on lockdown or we want to talk about the breaking news well I think life on lockdown will be more of a conversation breaking news these guys look at that
[05:17] breaking news these guys look at that reason that's all alive all right let's jump in we have leaked information thanks to the Associated Press McConnell's direct plan to give you if you're an American and if
[05:31] you're not this affects you indirectly but direct payments of $1,200 per person for you for me $1,200 per person I haven't heard anything about this story so if you could break it down real simple for me well we have a recession
[05:46] no we don't have a recession we have a looming recession as I don't even hundreds of thousands of Americans file for unemployment I don't even know the no bigger problem is it's not just that we have a recession it's that we have a
[05:58] we have a recession it's that we have a deadly virus that has no cure but if you guys want to see the problem this is the problem so if you're in any sort of industry where people are coming into your store or place of establishment
[06:12] about you guys is there a place in America that's not being careful because in Los Angeles where's Laura have you seen the Spring Breakers have you not seen the lab things like this exactly but the problem is if you
[06:30] this exactly but the problem is if you like every single bar or nightclub in Los Angeles is closed and there's a lot of them almost every restaurant is closed for dining service you can only get takeout in some and it's just what
[06:45] money Aaron do you have a girlfriend are you a part of a couple not really so this doesn't apply to him boyfriend you would get $2,400 girlfriend or boyfriend it's probably
[06:59] Mary you're right Mary your husband anyway this is the let's get into the meat of this this is the sweet thing like tell me the details please Republican response I'll give you the Democrats response to this should be
[07:11] see how I'll be keeping track the comments what they think of the $1,200 we're not gonna overlap each other let's get into it according to a copy of the
[07:23] legislation obtained by The Associated Press this is part of the one trillion dollar rescue package to shore up households health care and the US economy I'm into pandemic crisis and nation wide shutdown which my brother
[07:39] and I are experiencing right now now people are trying to prevent a looming people are trying to prevent a looming some say likely recession no matter what that means for Bitcoin I hope we don't go into recession just for people's sake
[07:52] Maher whose bike I think we need a recession that's totally out of it that's outrageous to me but this was a direct quote this happened this morning from McConnell we need to take bold and
[08:06] swift action as soon as possible and he backed that up put his money where his backed that up put his money where his mouth is under the GOP leaders plan the ADA would be phased down at income level so here are the exact details you're
[08:19] using so many will I be able to get the check for $1,200 and how often will I be can't leave my apartment yeah well if you make under $7,500 for individuals or
[08:37] eligible that's a lot of people that's many people I think this would help a lot of people definitely me additionally the kids are paying off additionally there would be $500 payments for each child that's pretty
[08:52] so that's the Republican response Aaron what do you think about that that good enough all the Democrats have their own response is that I would never I would
[09:05] never think that the Republicans would go for that this is what they want and the Democrats want more the Democrats want something slightly different give me more money that's what I'll agree with well I think the Democrats because
[09:19] the Democrats have their own proposals for ushering aid to Americans now before we do that even McConnell's even the Republicans are panning Treasury secretary Steve minuttes man Newton's idea of giving a just a one-time direct
[09:33] payments of $3,000 the Republicans are willing to give you more per child stuff like that but the Democrats preferring instead to use the federal dollars instead of a one-time check but to keep workers who are asked to stay at home on
[09:47] the business payroll so the difference is and this is key the difference is and this is a direct quote from Senator Lindsey Graham Republican can you do it in his voice I don't know it's like southern drawl a little bit in my
[10:03] what I want is Mikey reminds me of um who was the guy who just got like was shilling mammal in bulk one Oh Tracy mer yeah it reminds me a trace Mary yeah they're both from the South you know what I was when I was reading this
[10:18] before I brought it to you Lindsey is a Republican so this is so he's saying what he wants not just a one-time check what he wants is an income not one check what he wants is an income not one check one or two checks makes no sense to me
[10:33] the difference is it's not a check its checks it's not a payment its income the best thing for us to do is create an income stream so those are the two income stream so those are the two thought processes at play now this was
[10:49] new information from the Republicans plan this will be decided tomorrow for channel we can only bring you this news as fast as they give it to us but turns out this is happening I mean we've been talking about this for a long time both
[11:03] talking about this for a long time both sides agree that this will happen what do you think f I love you tubby who is always an active commenter says hope you don't rent your rent will go up by $1,200 I think that he doesn't you don't
[11:19] know that possible you don't know that well some places are a rent control alright Bitcoin centric in the house I want Andrew yang running this program he said it first yeah he said at first I guess this is the real question I have
[11:33] for you at home and what do you think people will buy Bitcoin you know be people will buy Bitcoin you know be crazy it would really be crazy if the narrative in these next few weeks if they use that check if the narrative for
[11:47] Bitcoin if Bitcoin moves back if it keeps moving back is up 20% today moves back to 7,500 or even back to 10k I think that would get a lot of FOMO people buying bitcoins everybody says the price is gonna go down well I mean
[12:03] the stock market I'll be talking about the stock market on my video later we do have a video coming out soon this is what I want to bring to you guys
[12:15] do we need any relief one trillion dollar obviously the family is needs some relief hey whoa we got 1200 people watching wow hey whoa we got 1200 people watching wow I guess we gotta turn it up turn it up
[12:30] oh my god this is what the government is doing because this is real obviously some families need help but well it's
[12:45] different you know one one trillion dollar stimulus in different ways to the American people but a lot more money to the bank's in the financial institutions that's true that is true let's see what some people in the comments have to say
[12:59] what you guys think hmm again this is more just to hang out Aaron and I have literally I mean maybe we've stepped outside but we haven't gone anywhere in Los Angeles there's nowhere to go the last week maybe some historians will
[13:13] look back on this live stream in ten years and realize this is what people who are going through and lock down well I want to talk about life on lockdown in Los Angeles in a second let's let's read some comments let's go back a little bit
[13:26] some comments let's go back a little bit Ryan James says add one more zero to the Ryan James says add one more zero to the 1200 or 412 12,000 I like it that's what he wants yeah mega inflation here we come from medic 19 ok 44 blockchains is
[13:39] better than nothing that's true I mean hey I'm gonna cash it texe crypto says give us Bitcoin not monopoly money do you think this will wake people up and you think this will wake people up and realize just how cheap like it is just
[13:52] other countries around the world to like print as much money as possible you scarcity a net and they'll ask the question what is money and Rick Ripple I think the difference is that we have
[14:09] culture is going crazy we have friends in the entertainment industry out here that are that I've seen tweeting about that they can just print 1 trillion dollars and they're waking up to that fact so I hope so
[14:22] Richard Padilla's as yang was right Jason public and choices better okay that's the guy who picked his side you know did
[14:35] Rogan talking about it in one of his clips today Trump deleted this tweet I think it was Trump he said like if you're too offended by this $1,000 then yesterday if you guys in the I don't hear about that Joe Rogan was gonna
[14:51] Jamie find it to help Paul McNeil dude I told you crypto celebrities would be in this chat Paul McNeil the crypto curator says I'm sure Andrew yang is like huh what yeah exactly well that's I mean he better have a position in somebody's
[15:05] cabinet Trump or anybody but uh okay this is this guy is a good question how do we claim our money if it is approved do we claim our money if it is approved tomorrow how do we claim that money it's
[15:17] a good question I have no clue the article does not specify I would love if we could just get some sort of direct deposit I mean these banks are in bed with the government anyway I rel a Vance says it's socialism plain and simple why
[15:32] don't you understand that what do you want me to do don't cash the check buddy everybody in Los Angeles to go back to work and then this virus will spread just as quickly as Rulon actually there's a study that came out saying
[15:44] there's a study that came out saying that um it might affect people with type A blood more the pandemic and white people generally have a larger percentage here we go of people with type A blood so I was comparing China
[16:00] type A blood so I was comparing China and Asia to Italy and Australia saying that's why we've seen like Italy and Australia really take off with the virus sounds flaky but speaking of buying Bitcoin in this lockdown in is pandemic
[16:16] what is the support this it's an interesting data point in going local interesting data point in going local bitcoins calm and in China there's a 300 premium over spot price and it has been for almost a week now I don't know I
[16:29] like I'm just I'm a regular guy it means that there is a premium meaning there's more too much demand so they can charge more for people on local bitcoins to buy
[16:42] so that's that means there's a high demand exactly that's good that needs there why would people in China need Bitcoin and uncorrelated some my family and friends are dying I must invest an easy way to opt out well they're
[16:57] printing money - China is printing money - it's a good way to you know right now people wanted to leave China they would not be able to because China's gonna not be able to because China's gonna stop you know their government from you
[17:09] the country but if you had your wealth and Bitcoin you'd easily be able to leave and take your wealth very least not a super check let's hear it super Jets take priority we want to hear from everybody though this is our main man
[17:23] everybody though this is our main man Giulio you he's um helping us buy these canned goods so we don't have to go outside it says discuss Jimmy songs end of income tax tweet please submit we can pull up Jimmy songs we can check it out
[17:37] we'll see if we can find it hopefully it's a recent tweet will sac Amaro says XRP is in bed with banks banks our feet are failing not said hey hey when
[17:54] somebody also wants you to do check the Bitcoin price the line chart after this okay did you find the tweet oh what's it about Jimmy song says what I says Jimmy songs end of income tax tweet please did he tweet about the end of maybe you can
[18:07] he tweet about the end of maybe you can control app that thing in the live chat Giulio it's not gonna
[18:22] yeah no Giulio says just sent you a Twitter no Giulio says just sent you a Twitter notification okay
[18:36] Obamacare penalty yorkie poo the hell that's this thing yes the question I hope everybody will ask soon if the government can just print money why do
[18:51] we pay taxes at all going down that rabbit hole will eventually eventually lead to Bitcoin yeah that's true why do I have to pay taxes if they can just I understand paying taxes but if the money is so cheap they can just print it
[19:05] that but much much better than me paying a tax I think everybody knows we don't want to print more money it's Theon it's an emergency situation everybody gets that it's more of I think just the thought going through Americans heads
[19:20] thought going through Americans heads like realizing that their money really doesn't have that much value that's what I think top so that is interesting I think top so that is interesting Giulio we got another super chat this
[19:34] guy's called open NFT I guess that means open source non fungible token he says how do you feel about the community comparing Bitcoin to the dollar price would somebody really want Fiat if Bitcoin is worth $100,000 each
[19:47] Bitcoin is worth $100,000 each ever cash out what do you feel about the dollar price I mean the fact that we and price everybody does that you I mean you price everybody does that you I mean you price gold in US dollars so that's not
[20:01] going away anytime soon I mean it is a I thought oh I feel about it I feel that the dollar is what everybody knows so it seems obvious to me but you know if hyper Bitcoin ization takes place well would somebody really want fiat regular
[20:17] money if Bitcoin is worth $100,000 no like why would they cash out it's an it's not just gonna happen in one wave it's gonna happen multiple waves like we've already been seeing but slowly but surely people are
[20:33] gonna wake up being like why am i cashing out the hard money just to get this money that's it's devalued all the time I think what we're gonna end up time I think what we're gonna end up seeing open NFT is that way eat with
[20:45] each wave of new people the prior wave is not gonna sell everything in fact percent maybe they'll only hold 80 percent you know whatever it is it's just we're gonna see wave after wave with people there's a certain amount of
[20:59] Bitcoin that everybody won't cash out maybe it's you know half a Bitcoin maybe don't think that the US dollar is going away anytime soon maybe in a hundred years now we have 50 years but in the next 20 years I think it's still gonna
[21:12] be there okay symbolist says Alta poin Daly is so not only does the government tax us left and right now they control our entire income yeah but like the fact
[21:24] making an income right now because they literally cannot go to work so the government is trying to help that yeah you were gonna bar no tips if you work in a movie theater no salary hey I have a question I have a
[21:40] question for the community and I have a question for Erin okay before we do that yeah we have 1300 people are watching yeah 520 likes let's take a 60-second
[21:54] break everybody grab a coffee good all so everybody get us up to 600 likes so everybody hit the like button and then like I've been teasing let's talk about
[22:06] the law I'm talking about the lockdown uh-uh everybody grab that coffee or though because that's what people want to check out this is this good enough nah I mean yeah I guess that's all I got refreshing because the other thing
[22:21] tradingview early drains me so 20 minutes ago we're early drains me so 20 minutes ago we're at 63 now we're at 62 we are 20% now or
[22:33] at 18% well it's interesting that Walt vo in the past few days the stock market continuing to take major dips or than sometimes go up Bitcoin head state study in the past to 24 or 48 hours so in that way and that 24 hour
[22:48] period it was uncorrelated had we got 600 likes it was uncorrelated had we got 600 likes cool lockdown man what he been doing so literally Austin and I just we've stocked up on canned goods we've stocked
[23:02] up on frozen stuff pantry items and literally it's just us in our apartment and I don't really go anywhere I've been to the store a few times the stores are empty I mean those have those pictures that evil people are but those depends
[23:16] those pictures that you're seeing with empty shelves literally in my experience Angeles because people are just panicking literally hardly a canned good
[23:28] on a shelf and no toilet paper we know we cleaning products we only bought what we needed for a week and a half for a couple weeks yeah we got enough supplies for a couple weeks because there are you can see memes on tic toc I don't you
[23:40] guys aren't tick-tock ha ha as they joke old people not as a joke but people taking pictures of old people wanting just a simple can of peanut butter it's not funny it's just the reality that we live in I went to the ATM the other day
[23:55] and something new the Trader Joe's started doing is limiting only like 15 formed outside so you can catch it outside like did you feel like you were I didn't go in Trader Joe's but uh literally now this instead of because we
[24:10] now it's just a big line outside and you get to shop freely crazy I like that better Sean says if everybody wasn't so full of they won't need the TP I like that all right wait is are you guys
[24:27] like that all right wait is are you guys on lockdown is it just the big cities on lockdown is it just the big cities those guys from I know Ohio's on those guys from I know Ohio's on lockdown yeah but like people are saying
[24:39] like the schools are cancelled in Los Angeles like kids aren't going to finish the school year I mean they will online I guess but like school is cancelled and then they don't go until next year a lot of people are saying that there's not an
[24:52] official lockdown put it self-isolation exactly it's not martial law but like it's highly some restaurants all restaurants have bars and closed down not because they were forced to buy the government just
[25:06] encouraged it and they understood it and business was slow anyway and here's this potentially scary part today we did fine obviously if you print enough money we hit okay five-day charts for the esta this is the
[25:22] five-day charts for the esta this is the S&P 500 we're still down but we look go hear like the amount of people applying for unemployment is gonna be between 15
[25:34] for unemployment is gonna be between 15 and 30 percent outrageous if that continues for the next four weeks Oh what's different this time it's posted what are we gonna see what's different this time as opposed to 2008 is that
[25:48] 2008 obviously in a recession in the past few weeks people literally are not have not been able to go to work and people in general aren't spending their the economy has come to a screeching halt literally a recession and if that
[26:03] well if that lasts you know how is that gonna affect everything this is the end of times will that affect the Bitcoin price I don't know I mean like we said
[26:15] price I don't know I mean like we said we switched my school roads Michael Angelo's says that he has a truck full of TP but he doesn't have any food and beacon trade what food do we have to trade with him not us but like people in
[26:29] general we have Oh a beans Todd Trust says everybody better be ready for says everybody better be ready for martial law buy more guns and ammo okay Michael Bay ah sent us a super chat and once again guys
[26:42] appreciate the super chats because although Austin worked on something a long time ago that's premiering tonight like the film industry has shut down and the only thing we have is this channel with you guys yeah after this preparing
[26:56] tonight premiering tonight at 6 or 9 err oh I guess 9:00 Eastern Time guys I'll be on Fox check it out there's a lot of fun see how many times big point is mentioned but we do actually really appreciate a
[27:10] super chats because we are but that that's it we're unable to work because show up on set and there they don't want people to get sick in just a little news flash before you get on my case about
[27:22] what you know we're not Bitcoin rich okay we're not exactly where we're trying to does anybody think we were yeah I saw McLovin uh eyeing on his chest no nobody thought we did I'm putting
[27:37] that out there hey fi love you Toby says hit the like I love it okay Michael gave appreciate the five bucks I don't 6500 in stellar at three cents a few days ago I will be quite happy in coming weeks slash months what a stellar
[27:53] right now he's up oh you're off it was three cents and now we're up at least three cents and now we're up at least fifteen percent so he's probably more um me oh you mean not even the seven day zoom
[28:08] oh you mean not even the seven day zoom out to like 2018 at the full since 2018 out to like 2018 at the full since 2018 citizens see I can't tell you what to do but there's a certain thing in trading known as a risk management or if you're
[28:20] up you take a little bit off the table um but Michael II probably know more not really even asking he's just saying I was like I and he says that and my I I was like I and he says that and my I go oh like look look if you go to this
[28:36] stellar chart there's no trend change so the thing is trending down yeah there's unless hey unless Michael knows something that we don't know what's possible that's the bottom but isn't it possible that all these other things
[28:49] know how stellar did you know give away so many tokens they always do those giveaways they're drops a lot of people are saying that's how Trump was gonna give away the 1200 per week remember I tweeted that I did you I tweeted about
[29:02] I'm kidding with this the other thing hey speaking want a little correction on a video the other day I said crypto taxpayers you don't have to file your taxes and chill July 15th you got a five file on the
[29:17] you don't have to pay the only thing you don't have to pay until July 15 so everybody file your taxes they've got an interesting question in the chat this is from Bill Maher I mean bill mirrors why did be cash do better than Bitcoin
[29:32] today do you think that will continue I did be cash yeah why'd it be cash pump what they both I mean look at coin how about 17 let me just say you can
[29:45] go where they are now even though everybody was a little higher Bitcoin pumped 17 to 20 every single altcoin except XRP except nope just XRP all of them pumps a little more um well the bigger picture here as
[30:01] we learned from my odo that these things aren't pumping based on fundamentals because iota had horrible fundamentals for time didn't affect its price at all it's still normal we're up baby 40% so I own revealed not
[30:14] only did it get hacked but super centralized and they showed it down yeah and then they turn it back on a month later so here's the thing I mean like be cash put a pump harder because it's a lot more illiquid maybe a pump harder
[30:28] a pump harder because probably some people new people think be cash is bitcoin who knows what happened I why something pumps harder day by day I'm
[30:40] betting on be cash trending toward zero in Bitcoin trending towards a hundred thousand that's me I mean Bitcoin never had more of a chance than it was for what then when it was first launched he said be careful yeah be cash never had
[30:55] launched when we had a lot of people in the space and transaction fees on even though that's not the value proposition of Bitcoin it doesn't have I mean it's I don't understand why why anybody would be in a big Bitcoin cash
[31:11] now Bitcoin transactions are only more scalable here's the thing and two years scalable here's the thing and two years ago nobody not it corners not anybody wants to use the cryptocurrency as a means of payment just because everybody
[31:24] wants to use it as an investment since these things are so illiquid these things are so illiquid not only that in the 2017 bubble I kind of felt like there was a lot of confusion or on regular Bitcoin because
[31:36] everybody was saying oh this isn't like chat cheaper faster payments this thing is worthless Bitcoin I want to find the old coin now with a narrative is digital gold and now people understand more and more that something has to be a store of
[31:48] exchange than a unit of account and there's a whole you know process if you read the Bitcoin standard you know so I kind of think there's less fresher there's less tension I don't know what you'd call it for Bitcoin regular
[32:05] are going to be treating it more as digital gold and people are less likely to spend their cryptocurrency for coffee just because that's not how it's ever gonna work could I ask you guys something
[32:20] what I'm gonna ask people in the chat yes I'm asking you guys in the chat I yes I'm asking you guys in the chat I tweeted something today I only thought well here it is right here and some people said it was offensive some people
[32:35] people said it was offensive some people said this was offensive and in my opinion this tweet I put out attention these doctors and nurses are taking to social media to beg you to opt out you know and they gave the value proposition
[32:48] of Bitcoin obviously photoshopped from the original picture of saying we stay here in the hospital for you please stay home for us in my opinion the only offensive thing is people not being able to see the original through the little
[33:04] the little joke the little light levity mean click on that one let people see it why do people get offended by this because they do not tell this comic sans there's something else something else did you do it yes you did this yes
[33:19] did you do it yes you did this yes you're a meme lord I did this is hey I'm gonna put it I'm just going to say it flat right now all meant in levity in my
[33:31] opinion people sharing this tweet brings a lot more attention when I tweet this right underneath I don't understand why puts a little arrow in by the decentralized because the I dude that's not the question I'm proposing
[33:44] here because this had to be so small just wanted to give it some extra okay I think this was offensive at all what is the chat thing okay Matt says not offensive at all people are just you know wimps gloom bastok
[33:59] get to the other super chats in just a second and not forgot it people are so offensive no hard feelings for the photoshopped
[34:11] picture the internet is full of memes and funny pics we just deal with it in okay yeah somebody this guy says maybe this was it I feel bad for them because thought you're making fun of the doctors I could not have more respect for the
[34:27] people that are actually on the front lines mom general generally people think said they're gonna go over to our twitter and retweet it because that's how proud they are to be a part of this meme I mean that would mean a lot to me
[34:39] I thought it would I just thought it was like a funny thing it's no big deal but we're keeping it up where chad has spoken okay hey we got a super check spoken okay hey we got a super check from I relavant $5 thank you sir I'll be
[34:51] buying Bitcoin with this socialism stimulus like and share great channel guys super positive appreciate that whoa okay so Bitcoin let us know when you're buying and then we'll check the price right after lol balloon bastok tip dust
[35:07] 99 cents thank you you know what I'm gonna get one of these babies with my 99 cents if they still have them you know white beans yeah it's only 99 cents and gloom bastok Mia they're possible now I'm gonna get with the five dollars I'm
[35:24] probably gonna get me another one of these super bean mix that's pretty cool right whoo gloom tastic tipped us I wanna know what he is and this was the positive guy right I appreciate a rail but yeah I just wanna say gloom with you
[35:40] of a specific brand of beans that you would want to see Aaron eat feel free but also intimate we have some petite diced tomatoes I think $0.99 let me be good are we sponsored by pantry items today like here's the thing
[35:55] we can't use that super chat to buy a beater if you want it at a bar yeah we can't go to a bar and I and I want to I mean this is a bar and I and I want to I mean this is again this is true why would we put a
[36:09] 10-minute countdown on the timer and then we'll go another 10 minutes and about that team I mean keep it short and sweet guys we're gonna go ten minutes
[36:21] going to put the timer on the screen so you know exactly when this is going to go till so you can stay the whole time right now okay here's the thing there's right now okay here's the thing there's 1,200 people watching everybody watching
[36:36] 1,200 people watching everybody watching let's get up to 1,000 likes can we do let's get up to 1,000 likes can we do that well right now we have 768 probably most people have liked it so far Todd Trust says max keiser is on point
[36:51] he got me into Bitcoin years ago he knows what's up along with altcoin daily knows what's up along with altcoin daily twink yes mmm okay so we're gonna go 10 more minutes full question and answer round if we can get to 1,000 likes
[37:06] and let's go to the questions cool and I just want to say guys if you're listening at home if you're interested in getting to know myself and my brother more personally both of our instagrams are down below in the cut and that
[37:18] description just check out let's connect on all levels I know the crypto curator come in and underneath this picture and says he will definitely be watching you know that was we did the podcast on surviving Hollywood a while ago and like
[37:32] named Alberto brought up crypto currency I was thinking about pulling that clip from this or having Hollywood podcast I think what Aaron's talking about is we do another podcast but I don't remember this clip and it's just like he brought
[37:48] up crypto currency was the same guy who talked about he wanted to start the Kickstarter yeah yeah I know but he just like did you say you like blockchain not Bitcoin exactly it was just interesting here a real guy and like put him on
[38:00] blast Austin and I held our tongue is in this interview this is a working actor that we use on some new show narcos that we interviewed on the podcast Marcos and yeah and he he started talking about cryptocurrency and blockchain
[38:14] organically and we kind of held our tongue we're not gonna handle I think Johnny ruined it by saying these guys know everything either way I was gonna pull the clip because it'd be do it like it's like a like I don't have then at
[38:28] the end yeah we'd have to I'd have to set it up and all right hey don't get it was briefly mentioned but that might happen all right so uh check the chat
[38:40] nine minutes guys and then we'll all go on our way okay and in nine minutes probably a little bit after this is released this has ended Aaron made a video I'm not if they're to do it like an hour after this there's a real video
[38:54] for today as well it's talking about the video that I'm going to release in about you know two hours it's talking about because the stock market is so down I found this article talking about how to analyze bear markets and it takes the
[39:11] history last 100 years with different charts and it's basically like if you were interested in buying stocks you'd watch your video later also the second half of the video is 100% almost about chain link so if you wanted to talk
[39:24] link in the video that's coming up later but it's mostly to do with stocks um up I didn't see your name somebody asked why no love for aetherium and I know
[39:36] Aaron and I attended the crypto Wendy event meetup in Los Angeles lolly sum up some some some guy who watch the channel for your name but he was like dude you
[39:49] got to mention a theorem or you got to mention a theory more and my response was I would love to mention it but we hardly like what is the news we're waiting for a theorem to scale this was an altcoin daily viewer and he met up at
[40:02] a meet-up and he suggested content and you were like yeah i think he could tell that I was a little that I've been getting um hounded not hounded the whole bring up this altcoin more he's like dude I'm not trying to say I love the
[40:15] channel just dude you guys don't talk about a theorem enough the biggest thing and I meant Mike mention this on my news video tomorrow the biggest thing is that companies people are actually building on
[40:27] aetherium other than that though we talk about aetherium when they put out news it's my two cents yeah and by the way every alternates created on a theory I'm doesn't mean it has any value whatsoever you can create any kind of coin on
[40:42] ethereal although those obvious okay just like letting know hey got some people commenting bartender says keep up the great daily research Thank You the great daily research Thank You bartender where's the money coming from
[40:55] fifty-five miles per hour answers this question socialism wait wait where's the money coming from there it is this is when everybody gets one thousand week everybody gets another thousand oh maybe you have kids another 500 for
[41:10] everybody Oh probably too fast probably I don't know think it'll show I mean I know you're just gonna bastard okay I'm gonna
[41:22] buy one-eighth three - and the rest in Bitcoin with my helicopter TP you do you Bitcoin with my helicopter TP you do you any thoughts on vet I think that no
[41:35] longer bullish on it yeah there was the only reason it pumps it all is because you know it's just retail people looking for the next big thing I'm not I won't touch it unless we saw every tell people coming into the space that's me I mean I
[41:49] have no immediate thought but I guess what I like in general is that they have a great marketing team like they have a lot of strategic partnerships somebody somebody has hey y'all are actors yeah we're actors and filmmakers and they
[42:06] have a love of crypto we're both in the Union you know sag actors and we've Union you know sag actors and we've produced and edited our own short films and I had a film in Pasadena Film Festival we're storytellers
[42:20] Festival we're storytellers unfortunately the pandemic it mm-hmm yeah but we do it all you know we have a lot of sides yeah but on this channel will always bring you just crypto and a little bit of us not a couple super
[42:33] five more men guys best questions in Columbus pick who gave us 99 cents before says bye alight with those beans what does that mean a light hmm what does that mean I mean clearly what the hell does that
[42:49] mean just being funny but I'm sorry what the hell does that mean maybe it's dark in here Oh appreciate you calling bastok on me Allie Penn says when do you think that Quinn will hit 100k get the F out of here with that ask
[43:04] us after they having yeah come on man okay I think I mean why even speculate nobody knows I think I will though okay say it'll take 20 years 55 miles per hour says people don't understand XRP it's money I couldn't disagree more guys
[43:24] we're going four more minutes get your best questions in the thing is it just like you know trading chickens for cows it could be money but it's not the hardest money and it's not decentralized I mean anything could be money the
[43:37] question you just want don't go go - um you know planting Bitcoin if kept planting Bitcoin in your browser and go do you know what makes money money just do you know what makes money money just like oh yeah oh yeah I recently cleared
[43:54] my cache cleared my history so go down to like the charge and let me let me ask to like the charge and let me let me ask you guys does XRP fit these you know properties of money just keep you honest yeah this besides that why are you
[44:10] pulling that up Michael Bay uh tipped us $5 appreciate you Michael sorry off topic and not crypto that's okay we're talking about stocks our video later but pay attention to CD Projekt Reds stock price at $17 per share it is a great Buy
[44:26] everybody get that in the back your mind CD Projekt RED $17 per share today March CD Projekt RED $17 per share today March 19 to 2020 we're gonna see what that does in the future I'll watch it now does uh XRP and let's be quick they've
[44:44] seen this it seems but let's rattle it off just you can look at it yourself is XRP scarce now there is only 100 billion or something is it durable well with each XRP transaction doesn't some get burned
[44:57] yeah that's true as an eccentric a persistent no no established history no not decentralized no hey it's more decentralized than some old coins but it's yes I'm not saying it's more or less decentralized but
[45:13] it's more or less decentralized but money it is it is centralized okay Brian Anderson said I'm not hearing anything that makes me smarter it sounds like a personal problem hey this is a hangout buddy yeah this thing out we're going
[45:27] two more minutes you want to go back to that countdown we're just a couple people havin beers Kevin waters in a freaking lockdown Shawn Bitcoin brawler Norris love it it says love your content keep up the good
[45:41] says love your content keep up the good work brothers appreciate you thank Shawn how much will Bitcoin be when la goes into martial law due to the virus hmm
[45:54] okay the cool thing about that is maybe uh you know Japan will get you know it's uh you know Japan will get you know it's a global thing UFO not says when hits the fans in the US what will Bitcoin do well if really did hit
[46:09] the fans I would think it would drop lower but over time I think it would go other day even in 2008 the financial crisis of 2008 Gold tanked with the rest of the market just because people were scared
[46:24] liquidity crisis and gold truly is an uncorrelated hedge and that tanked with everything but it was one of the first thing is to recover it kept rallying on thing is to recover it kept rallying on truth alright let's end this thing baby
[46:37] this was a great stream we got one minute yeah one minute what is your favorite beer from Paul like IPAs I'll drink
[46:50] anything I guess maybe my go-to is like Dos Equis guy loves Peroni I like Peroni yeah I like IPAs to Lagunitas cheers Paul I like to switch it up maybe at a local flavor well then broadcast crypto news from
[47:07] Compton yeah person who says that at night yeah person who says that at night Woodlawn h:g the stereotype is that would be highly dangerous for us but an diamonds in there it would be dangerous
[47:19] but it'd be cool because a lot of our favorite musicians are from Compton favorite musicians are from Compton Kendrick Dre Ice Cube I don't know Ice Cube's anybody's favorite musician I like them yeah yeah NWA a good musician
[47:32] NW he's everybody's favorite leaving mail hey somebody says congrats on the it did we get to 1k likes no no one cape steady 1k viewers oh hey
[47:44] let's end it before 1k we didn't get to 1k guys this was a great stream get ready the video that's coming out later is about some you know when is the
[47:56] proper time to buy stocks and then stay tuned for the second half of the video it's all about chain link pretty much Joshua Jamison says thanks to the live stream guys don't get coughed on mmm-hmm thanks this is the
[48:09] coughed on mmm-hmm thanks this is the NAS it's nice of you men say something NAS it's nice of you men say something about aetherium you are in tomorrow's talking about when hey when I theorem makes news I love to talk about it it
[48:22] just doesn't make news every day I mean you can talk about the implications of maker Dow I'm seeing some stuff on that maker Dow failing yeah I mean the I want to bring it up because I know my audience unless unless maker doesn't
[48:39] staple coin we sure hope you thought it was stable yes on that let's end things was stable yes on that let's end things guys sure there's the maker but um let's end it huh all right Cheers see ya blue fig is late
[48:54] all right Cheers see ya blue fig is late sorry blue fig thank you guys for the news always tell it how it really is appreciate
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