You've got to break some eggs if you're going to make an omelet.
And if you want grandma to buy Bitcoin,
she's not going to write down a seed phrase, okay?
So stop pretending like she will!
"Cardano, MATIC or OP?"
I think OP probably has the best odds of a 10X.
Cardano is probably the safest 5-10X.
No, no.
I would say OP has the best chance to 25X.
Cardano is probably the safest 5X than the other one.
MATIC is also good too,
but that one does have a pretty high market cap.
"Filled with the sound of music."
Thank you very much.
"Bought some Quant yesterday just like $5K worth."
Hey, you're up 7%.
That feels pretty good. Right?
You're up $350.
So congrats on that.
Alright. Let's see. Let's move on here.
Where are we at with--
do we have Kelly?
- We have Mr. Kelly today. - I heard I have the one and only Kelly Kellam
with the coolest last name in combination with the first.
So that's what I'm seeing right now.
If we want to look at--
the last thing I want to show is Cardano.
You know, we do have this.
I mean, look at this. This is ugly.
This could come all the way down here to the 19¢, 18¢ range.
- Even below that, down to the 15¢ range. - You know, I'm glad you said that
because a lot of people are calling for this 20¢ Cardano.
Well, that recent crash, some exchanges, it hit 21¢.
So I don't know if that was the 20¢ crash or if we have another one, but, you know,
just a little bit of hopium for the people.
Everybody calling for 20¢ Cardano,
well, we hit 21, folks, so maybe that was it.
Now, I'm not saying that was the bottom.
I'm saying that could be, you know, potential narrative.
I absolutely agree.
If I were to bet on this,
I would think that this would test this area again
and potentially get some sort of wick down below the 20,
where all this price action was back here in December 2020.
I want everybody to realize,
you felt like you missed it?
You have to remember markets work in cycles.
Look at this.
Price came--
it's giving you an opportunity again.
Is this the opportunity again?
Depends on your timeline.
Nonetheless, not are all enthused by this development,
including Charles Hoskinson.
He took a swipe at members of the Bitcoin community
actively defending their ETF product.
"Bitcoiners defending BlackRock is all you need to know about their ethics, mental state and greed."
I have a separate opinion.
I think it's a little bit more nuanced.
I think it's okay to support decentralization
and support, you know, a non-centered form of money,
but it's also okay to support I want it easier for my grandma to buy Bitcoin.
I think you can have both those thoughts in your head at the same time.
I understand where the fear is coming from.
They're going to control it.
They're going to suppress it.
There might be some element of that, but there's--
you've got to break some eggs if you're going to make an omelet.
And if you want grandma to buy Bitcoin,
she's not going to write down a seed phrase, okay?
So stop pretending like she will!
This is how we make it happen.
- I don't know. I mean, I'm not saying - Yeah.
- you're trying to champion the evil people in the dark suits with the briefcases, - Yeah.
but, you know, I think it's okay to just look at this in a nuanced balanced way.
I mean, Deezy, I'm kind of in the boat of I don't love it, but it's inevitable.
- It's not stoppable. - Alright.
How do you feel about it if it's easier for your grandma to buy Bitcoin?
Just take that part of it.
- It's easier for a mutual fund. - Just the concept of easier--
It's easier to have it as an investment portfolio.
And it's easier to buy it in your 401(k) without a tax hit.
So, but even that method, you're talking about grandma
calling up her financial advisor and saying, "Hey, get some Bitcoin."
She's much more likely to do that than write down a seed phrase.
Well, couldn't she currently do that right now?
Couldn't she just go ahead and call her financial advisor at Fidelity
to buy her some Bitcoin?
Like, I think that's already there.
- I hear that concept. - No, no.
- You can't do that? - I push back against that.
- No, I push back against that. - Why not?
If you--
have you ever tried to change a 401(k)'s payment structure?
- Or your investment structure of 401(k)? - No, I have not. No.
It's not easy.
You don't just open up the webpage and they have Bitcoin.
They're going to give you six options,
and these six options are all going to be, you know, real estate holdings and this and that.
It is really, really difficult to just be like, "Yeah, put Bitcoin on there."
It's not that easy. It is very, very difficult.
Anybody back me up who's tried to adjust their 401(k) investments?
It is a difficult process.
And so I think this will make it a lot easier.
Sure, maybe there's some way,
convoluted way,
several phone calls,
talk to a manager,
you get some Grayscale Bitcoin Trust.
Sure. Maybe.
But even then we're looking at futures, not spot.
And so it is a lot different.
"I'm a grandma and have a couple wallets, so I have seed phrases."
Bev, Bev, you're killing it.
Keep doing what you're doing.
Keep--
Bev McCLean, no, that's a clean way to live.
I like that.
I saw a lot of Cardano and Polygon stuff in the beginning.
- You know, I'm bullish on both. - Yeah.
But I do like Cardano.
- What were you going to say? - Yeah, I was going to say the same thing.
I was going to ask you, you know, what--
right now, what are three coins that you want to add to your portfolio?
What are you going to add?
Well, I missed the Quant pump.
If I were to add more, there's a few more.
I think the File--
I want to get the ones that are scared right now.
I want to get the ones that are beaten down.
I want to get the ones that are facing all this SEC FUD.
I think if there is a potential flip,
huge, huge upside,
so that would mean a Filecoin.
That would mean, you know, something like a Polygon.
That would mean something like Cardano.
It's--
so maybe those three.
I do like those three.
I think they're a little bit boring, you know?
Maybe, you know, something a little bit more exciting, Kaspa.
I'm going to look into Kaspa.
A lot of people I like like it, so I'm going to look at it.