MARIA: WELCOME BACK.
BITCOIN IS SINKING AGAIN THIS
MORNING, TAKE A LOOK.
IT FELL BELOW $18,000 OVER THE
WEEKEND AND IT IS CURRENTLY NOW
AT 20520 WITH ALL EYES ON CRIP
TO.
CRYPTO, OUR NEXT GUESTS ARE
GIVING BACK TO AMERICA’S HEROS.
CHALLENGE COIN IS THE FIRST EVER
TRUE MILITARY CRYPTOCURRENCY.
4% OF EVERY TRANSACTION GOES TO
MILITARY CHARITIES TO AID
VETERANS.
WE ARE SO GRATEFUL FOR THEM.
JOINING ME NOW IS FORMER SEAL
TEAM 6 MEMBER WHO KILLED OSAMA
BIN LADEN.
ALSO JOINING US IS ROB DAVIS.
THANKS TORE FOR JOINING US.
WHAT AN INTERESTING IDEA.
TELL ME MORE ABOUT CHALLENGE
COIN AND WHAT INSPIRED YOU
FIRST, ROB.
>> WE THINK CRYPTOCURRENCY IS
THE FUTURE FOR LONG-TERM
INVESTSMENT AND WHAT INSPIRED US
IS THE HISTORY OF CHALLENGE
COINS IN THE MILITARY.
AND THERE’S A LOT OF DIFFERING
SPECULATION ON HOW IT HAPPENED
BUT IT KIND OF GOES BACK TO
EMPEROR MAXIMUS.
HE WOULD PAY IN COINS.
AND THE BETTER THEY DID, THE
MORE GALLANTRY THEY SHOWED THE
MORE COINS THEY WOULD GO.
IT WENT TO WORLD WAR I WITH OFF
AVIATORS.
ONE GUY WAS SHOT DOWN BEHIND
GERMAN LINES, THEY TOOK
EVERYTHING EXCEPT FOR HIS
CLOTHES.
HE’S SCAPED THE GERMAN, GOT OVER
THE FRENCH LINES.
WHETHER THEY WERE SEARCHING HIM
THEY FOUND THE COIN WITH HIS
UNIT AND HE GOT RETURNED.
WORLD WAR II, VIETNAM, THE FIRST
SPECIAL FORCES GROUP WOULD CARRY
THEM BECAUSE THEY WERE WORKING
IN SOUTHWEST ASIA AND A LOT OF
COVERT STUFF AND THEY WOULDN’T
RECOGNIZE THE MEDALS SO THEY
MADE THEM COINS, FIRST SPECIAL
FORCES GROUP WITH THE SWORD
MEANING THEY’RE READY FOR
ACTION.
ALL UNITS HAVE THEM, FIRST
RESPONDERS HAVE THEM.
I GOT ONE FROM HOME DEPOT, ONE
FROM PRESIDENT OBAMA, AFTER THE
BIN LADEN RAID THEY PRESENTED
THEM TO US.
FOR THE CHALLENGE COIN, CRYPTO,
WE’RE GOING TO MAKE OUR OWN COIN
SO PEOPLE CAN HAVE A CHALLENGE
COIN FROM US.
MARIA: DOES IT CHALLENGE THING
THAT THE CRYPTO MARKET HAS BEEN
PLUMMETING.
IT WAS BELOW 18,000 OVER THE
WEEKEND.
>> A COUPLE YEARS AGO THEY
WOULD THINK NO IT WOULD HAVE
NEVER GOT GOTTEN TO 18,000.
WE’RE STILL UP SO MUCH MONEY AND
IT’S GOING TO BOUNCE BACK.
MARIA: TELL ME WHAT THE VALUE
IS OF THESE COINS.
YOU BROUGHT IN COINS.
THESE ARE NOT THE ACTUAL COINS,
THOUGH.
>> THESE ARE NOT THE COINS.
THESE ARE EXAMPLES OF CHALLENGE
COINS.
THIS IS MY OWN, ROBERT O’NEIL
CURVE.
I BROUGHT ONE OF THOSE IN.
ONE FROM SEAL TEAM 6, THE UNIT
THAT TOOK OUT BIN LADEN.
WE HAVE A MAKE NAME RIGHT THERE.
I -- NICKNAME RIGHT THERE.
ARMED FORCES BREWING COMPANY, WE
MAKE COINS.
WE’LL GET THEM THE PHYSICAL
COIN.
4% GOES TO A CERTAIN FOUNDATION.
MARIA: WHICH IS SUCH A NICE
THING.
HOW DO YOU DERIVE VALUE FROM
THIS COIN?
TELL US.
>> CRYPTOCURRENCY IS LIKE ANY
STORE OWNED VALUE, DOESN’T HAVE
TO BE A CURRENCY.
WE CALL IT CRYPTO.
WHAT’S A BASEBALL CARD WORTH TO
YOU?
IF IT’S VALUABLE TO YOU, PEOPLE
WANT TO PAY FOR IT, THEN THAT’S
WHAT THE VALUE IS.
WITH CRYPTOCURRENCY IF YOU GIVE
BACK TO THE MILITARY, THAT’S A
USE CASE, TANGIBLEITY,
FUNCTIONALITY, NOT TANGIBLEITY.
BUT --
MARIA: IT’S FUNGIBLE.
>> EXACTLY.
MARIA: ROB, I THINK IT’S SUCH A
GOOD IDEA TO JUST FOCUS ON THE
MILITARY.
EVERYBODY WANTS TO GIVE BACK TO
THE MILITARY, THANK OUR
VETERANS, ALSO HAVE A WAY --
THERE’S A DEBATE ON WHERE THE
VALUE IS IN THE COINS.
>> THERE IS A DEBATE.
WHEN PEOPLE INVESTS WE GIVE BACK
TO.
MY FOUNDATION WHERE WE
TRANSITION SPECIAL OPERATORS TO
THE PRIVATE SECTOR, NOT JUST THE
VETS BUT FAMILIES, SECOND
CAREERS, YESTERDAY, 366 FAMILIES
TRANSITIONED TO THE PRIVATE
SECTOR.
SOME WILL GO TO THAT.
WE HAVE THE SEAL FUTURE
FOUNDATION.
SAME THING.
THE NAVY SEAL MUSEUM IN FORT
PIERCE, FLORIDA WHERE THE LIFE
BOAT FROM WHERE WE RESCUED
CAPTAIN RICHARD PHILLIPS IS.
IF YOU WANT TO LEARN THE
HISTORY, WE DONATE TO THAT.
WE TEACH VETERANS HOW TO SCUBA
DIVE.
MARIA: SEAL TEAM 6, I’M IN AWE
OF YOU, THANK YOU SO MUCH, THE
TEAM.
YOU’RE OUT WITH A NEW BOOK.
>> WE’RE WORKING ON THIS EVERY
DAY.
EVERY DAY’S A BLESSING.
MARIA: CONGRATULATIONS.