0:00 thank you [Music] in November of 2021 the cryptocurrency space wasn't full Madness I remember I called peaky for you call it cryptomania Nickel Mania retail investors Millennials gen Z everyone's getting in driven by fomo and nobody wants to miss out right one of the biggest um procurers of crypto Mark Zuckerberg even changed his name as a ████ company to meta as as in metaverse because the craze had just gotten so wild but he's like you know what I'll be first right I'm gonna change my company the metaverse and that's where we're going we're gonna put 10 billion dollars towards building the metaverse whatever the ████ that means okay well Mark Cuban was out in the Forefront saying crypto is part of the
0:52 future crypto is inevitable and now he is saying crypto is missing something what is it missing crutches or something when you got to get Luka doncic involved if he was involved in the NC space it wouldn't have crashed you think Mark came in are you no Luca Dunkin yeah rookie card is like what two million dude no way wasn't he a rookie just five years ago or some ████ the basketball card game is not what it was like when we were but what it was different now what do you mean like it's worth more now so like there should be container that burst open yeah the way the way the cards work now like basketball cards are like of these Superstars like the ones that are like quote unquote guaranteed to be superstars like I don't know how long ago maybe 10 15 years ago people just started buying ridiculous prices they started paying like a thousand dollars for a car and they just elevated and now like started
1:43 like Don chips dude a million 1.5 to 2 million whoa what about old school cars like Gary Payton or some ████ because Gary's an older star the only ones from old old that work really well is Michael Jordan no Babe Ruth Kobe Bryant signed cards because he can't sign anymore they're super they're even more limited now uh Tom Brady so like it's got to be like a superstar from back then because I got a ton of cars from back then not to brag but I have the first ever issued Tom Brady NFC do you really I do do you know how much it's worth now not much did it come out of a dragon egg I knew as much as that okay so so Mark so that's that is interesting though oh the basketball card game is it's crazy are you into it I'm like I dip my toe in it yeah um and so I have a couple cards uh I won't say which ones yeah but like I I
2:34 dip my tones there's some real s█████ ones I heard what does it rhyme with yeah I heard you have some really s█████ marked up Scotty Pippins it's got teeth marks on there I heard it cost more money just to ship them out of your house yeah it costs a lot of money to get them graded that's that's what I don't like the whole thing the rating thing is subjective and so a lot of it is I've heard you've got to be friendly with them it's political yeah so like it like 10 is the highest right so if you get a nine it's really good but like what the difference between an eight nine ten this is not much it's just does the guy like you know that's a subjective like yeah did they get a ████ last night and maybe they woke up be like Life's good I oh this card's really awesome how do you be nice to somebody that you're shipping it you know they come so there's you ship this takes a
3:24 long time or sometimes they make appearances yeah they'll go to like they'll go to Convention and you just take everything and so like are you the first card they saw or are you the thousands before they saw that hour you know comic books is the same ████ right there's a company called cgc which is like the most used one and if you have like a nine eight of like one of the classics you're ████ set a 9 8 is considered like near mint like perfect condition basically because there's no ████ 10 right there's no semen stuck between yeah but like if you have a cgc98 it's like a whole ████ industry out there so like people there's a lot of like shade in the comic World about that and how they determine that and same kind of ████ same ideas Tom Fuller human base like there's ████ human beings behind it so there's room for corruption but Mark Cuban is saying crypto still has a place but it's missing something what's missing to him is new applications he feels like
4:16 there's not enough things going on application wise that justifies a lot of these crypto projects existences which I think is pretty fair yeah that's fair yeah um he said he finds the space boring utilization like being able to like transact with it like Luna was pretty funny because we all thought there'd be a lot by now real world applications how many are there through crypto it's pretty limited right like it like it's still beta especially post crash exactly it's technically zero right no there's maybe the El Salvador or whatever but they they could buy stuff through bit but even then it's not that it's not that no because if you actually think about lightning Network lightning network has some real world implications that you can use right now for like a normie yeah yeah yeah for payments but but it's just about getting adoption adoption is lacking too because that's what I think when like things actually pop off isn't just a regular like like
5:06 my dad is gonna is using ethereum or Bitcoin somehow you know right but until it gets there then it's still like in development what's your take on the crypto space Walter I think the application is huge because I don't have never used it yeah I've never used it for anything I I've I've only hoped that people use it so that the value of it goes up dude I've booked plane tickets bought things online like yeah and there's like what there's like wallets that we can just send share whatever the cross train multi-chain and yeah and there's different I guess like apps and and and and networks that are trying and I think like you got to kind of be a nerd in the space yeah you have to really it blows people's mind that they're like wait you can use Bitcoin to buy things now but but but the thing is five four years ago whatever right I was
5:57 in France and they were already using accepting Bitcoin in their registers for sure that's the thing that was like when you're saying you have to kind of Be A Nerd to follow Mo the average person is not going to be a nerd about it no and so my thing is is like I've only hoped that it gets to a point where everyone uses it just so that I don't end up in the minus yeah because you know my money's still in I haven't sold it's just still in there you know I'm sure safe moon is now worth Point like 12 zeros and one you know now but like I I hope at one point but I don't know if it'll happen it just it depends who people are listening to if they're listening to conservative people they're not gonna do they're not gonna do any coin if they're listening to people that are more Progressive and aggressive they're like okay let's do this but just I'm always in the hope of that they do but personally for me like I know a friend because of Dogecoin got a car um I've got nothing from Dogecoin I'm
6:49 minus in Dojo yeah so it's I don't know but yeah for me like I don't follow crypto enough to like speak intelligently about it but mine's more just a hope yeah same like like hey you guys yeah dude keep putting money in yeah yeah dude so I can get out it's like a rug cool totally like Tesla dude like keep putting money into it so I can get out yeah I won't get the ████ out yeah honestly like when you talk when you talk to conservative people not like um politically but like um financially yeah like Risk adverse people yeah yeah risk adverse that's way better way more accurate like the way they talk about stocks it's like oh no why why would you even do that like like t-bills are like sound risky to them and then but I think like you know but that's such a nice like like unstressful way of like living
7:42 your life but it's so boring it's boring even even with as much as I've gotten killed in crypto lately I'm still beating me and Nikki's 401K that's wild so it's like okay there's still enough like to be gained in crypto especially if you're paying attention to space like I I'm pretty uh heavily into the space I love the space still nothing that happened to Luna detracted from My Love of the space it's just like another day in the office for me but I get people who are just like ████ man like I think I can't handle that ████ it's a mental thing like what happened to you in Tesla it just depends on if you can handle it or not what like sure bro I never put that much into crypto so losing what I lost which is ████ crazy it wasn't that crazy to me because I'm like well I I never put that much in so it just doesn't ████ with my head as much but I and I love what it could maybe do yeah
8:32 for us all one day for me the big difference between stocks and crypto is stocks is from 6 30 in the morning to 1 pm crypto's 24 hours well now if you're on Solana oh well I couldn't keep up Solana um the blockchain gets halted all the time oh that's okay that's nice yeah that's really nice because when I was doing crypto it was 24 hours at four in the morning I'm like yeah what's going on you're not gonna have that problem Solana it's basically a nine to five blockchain and they're like hey sorry you can't use a lot right now because like we were we have some kind of bug but it'll be fine we're on vacation I'm sorry price goes up three percent of the next day so it's like hey good at least Corporate America has our backs so that's tight yeah I'm saying yeah yeah pretty much I was doing what was uh I forgot what it was called it started with a but it would it was time to go up 10 down percent 10 up 10 is it Avalanche
9:23 it wasn't a badge cardano Ada but that sounds more fun Ada yeah but like um you know you buy obviously by low so high and stuff and I would do that but because it's 24 hours like I'm like oh I keep looking at it I'm like okay you gotta stop looking at Michael but I can't because what if it's on the down and then I have to sell I'm like ah it was just it was just too much like stocks I like that it's 6 30 to 1. even though right now I'm not really paying attention to the market because I'm getting killed okay I really don't like looking at it I think it's more of a psychological thing because in investing in just risk anything that involves risk you just gotta have the mind and perspective for it because it's the same thing in stocks too even if it shuts down at six or like whatever yeah I think like you're really going in and at that point to me the way I see investing right is
10:13 like once it's released into that atmosphere then it's game on and I can't view it the same way as it was in my bank account so like when it's in my bank account like the fluctuates or like to me it's like the actual that's why they say it's realized gains and losses right because like if it's just like in the game going up and down you haven't really lost or you haven't really gained because you haven't cashed out the real game happens or the end game happens when you make your decision to sell or or whatever right so that's kind of my psychology behind it where it's like I can sit here and say yeah I lost over a million dollars whatever whatever but did I really because those are paper gains and losses my real losses in principle and that's always been my philosophy so like
11:03 that is the scary part though because then for me it feels like okay here's my son be very very careful with my son and then they put my son on a roller coaster and he didn't realize gains or losses and you just see your money going whoa and then you get it back you're like oh my God okay it's safe oh thank God what we're trying to say is that he can afford to lose his son yeah that makes sense to me because you can afford to lose yourself yeah that's the part that's okay we're just down one son and you see the whole Market go like crazy with your baby yeah you're like oh ████ that's why you got to put your kids you don't care about on that right that's why you have 10 kids and then you throw one in there and you go are you having fun all right all right well you
11:53 don't put kids on there and you barely put Park admission in there and then people and then people see you run up to a million and they call you a loser for because you got wrecked on it but even though you're still up but it's like you're still a loser I guess you know that's and that's a mentality shift too is that you're you're you're up but then you're you're down and so I was like oh you lost so much money yeah but I'm still I started with 20 bucks damn right you know and so there's things like that that's my game baby and by the way I have been crushing this bear Market no joke I have been crushing this bear Market you look like it dude I know I feel like dress I can tell by your crushed uh velvet soup thank you yeah I'm not gonna lie to you I've been secretly touching it without you knowing [Music]
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