hey everyone, please ignore all the scammers down in the comments.

As an financial growth enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

Thank you for your videos mate.. . Crypto education is what the world needs the most right now. I don’t think that buy and hold is a valid investment strategy anymore. Not too diluted and to a degree, follows Whitney’s trading ideas and signal tips for your portfolio growth and aggressiveness. He is a man who has not only taught me what the cryptocurrency trading world looks like but a secret to uplift my finance. Buying crypto and waiting for the price to shoot up is not the best way to invest in the market but buying and trading is. Craig Reeder trade signal does the heavy lifting, generating competitive returns for crypto traders and investors in the form of money and peace of mind. Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path...

Your content has been great so far. You’re definitely one of the more “grounded” tech bro / tech news with solid analysis of how these technologies work, and the surrounding material context that makes them grow or die. Great stuff.

5:38 wow this is first time i ever hear anyone mentioning Processing. I love it, its amazing for writing extremely custom yet simple GUI for interfacing with arduinos and homemade android apps. For example it took me only few hours to write GUI to control servo motors that position my front door camera.

A stock with no company.

I'm bingewatching your contents Mr.Coogan, awesome stuff 👏

Thank you so much for such insightful videos! Love your channel!

There are two things this video forgot to address in regards to NFTs 1. Gas and minting fees, they are high, and volitile and it seems to me the only people who are safely making money from NFTs are the ones in charge of that. 2. NFT does not legaly bind anyone to owning anything, There is no ties to copywright or any other legal way of defining ownership using them.

I think one of the problems here is that we're trying to think up ways a technology can be used instead of it having use cases on its own. I mean, I understand it can have some uses as part of the backend for web 3, but other than that it seems to me at this point that we're just trying to prove our favorite toy has real value. No disrespect :)

The refund policy concept is poorly thought out, a company can easily put in their terms of service something akin to "Refunds of goods purchased with BTC, will be refunded equivalent to their original USD price at time of purchase".

Still early days. Fourteen years is a blink in the big picture. The internet was invented in 1983, and yet widespread adoption didn't begin until at least 15 years later. As for Bitcoin volatility, that will settle over time. Price discovery and fluctuation is normal in the early days of any asset... look at Amazon's price chart for the first 10 years. And, with regards to making quick and cheap payments, you touched on it yourself -- the Lightning network will solve it. Plus there's also the potential value-add of the Bitcoin Ordinals, which could take the place of NFTs

Really thought provoking, great video.

Love your info. Very helpful to unpackage all the new ways of perceiving data and it’s value. Hopefully I can now help my children to grasp and maximize their potential as artists and coders.

I really appreciate your videos John.

"When the wrong cook uses the right knife, the right knife works in the wrong way."

Banger as always, John

Great video. Very balanced and thoughtful views

you dont need a blockchain to do this creator membership thing. in fact not only do we not need it, it would make it objectively worse than the non-blockchain version.

Something I've noticed after being in tech for over a decade is how quickly people forget the transient nature of modern tech. We're so fast to jump on the next profitable concept that we disregard fundamentals in the process. I think if most people stepped back and took the most objective look possible, they would see how much of the hype is based on fomo and a desire for personal gain, not sound reasoning or historical probability.

i feel like we can use crypto for a second function or something. like maybe linking gpu's together to also crunch big data sets on the side too or something.

Even if there was slight use cases for NFTs the state of the market has removed most peoples ability to take it seriously. The gimmick of owning digital art isn’t strong enough to have a valuation anywhere near the amount the speculative market puts it at. A lot of the functionality people argue as a selling point for NFTs is already possible without the blockchain without really adding any real value just for being apart of the blockchain. Crypto and NFTs at this point are to me people trying desperately to be ahead of the next big thing without realising the market is held up on stilts with little practical value.

Thought provoking and highly informative

This was an incredible description of the use cases of Crypto! Is there a platform already out there for creators to utilize a token that both creators and their communities can support and develop? I'm new to the space but, I'm starting my blockchain journey to eventually start a platform that is by the community, for the community. Maybe a variations of Twitch, KZfaq, Indy Game platform and e-sports broadcasting. Am I crazy for thinking this?

0:54 because this got canceled when Satoshi started working with the banks. They settled on using it as an asset, not as payment method.

Simultaneously, yes and no. In countries and environments with high corruption and disorderly governance it may serve as a somewhat reliable platform for commerce and transactions. In normal day to day, global transactions - not at all. At a whim it will be shut down if it ever pose a real threat to the established swift infrastructure. I see it working out in a different format, though. Traditional paired up with modern.

A problem people might have is time. How long will it take to see results? When will others jump in? When will others joining have an effect? Will I (depending on the individual in question) be able to live long enough to savor any or the results? A grim question, but this matters to some people; the dead can't pay taxes after all. And yeah, this is to do with money, but money talks.

The utility in crypto is the ease and cost of sending large amounts of money. You can send a million dollars in minutes, try doing that at a bank and it’s the biggest pain in the backside ever. The value isn’t in small transactions but very large ones. The volatility is an issue it many people who need liquid cash to use will take a small hit % wise to have it as quickly as possible.

"If it [quilt] came with an NFT to prove that I owned this particular design, I think that would be cool" I don't understand how an NFT proves you own the quilt. What if you burn the quilt, or sell it, but still own the NFT. Or what if someone hacks your Metamask and steals the NFT but you still own the real quilt? The NFT does NOT prove ownership of a physical object in the real world.

Amazing video John, really look up to what you're doing here!

What makes it valuable is the outcome of the fear&greed dynamics !

Jhon what do you think about blockchain technology behind it ?

10:28 You would think thats a bad thing if you are assuming creators dont want repeat customers. I'm sure majority of creators want and count on the same viewers having a membership on YT, Patreon etc at same time to double their money.

In Denmark if you are registered with CopyRight Org you get a percentage of Danish Aution Sales of your Art.

Really like your content!

I think the main use is as payment and create aditional functions over it, Bitcoin Cash us a better Bitcoin with low fees that makes perfect for payments, and over it create smart contracts to stabilize the coin value and create NFTs, Bitcoin Cash is the original idea of Bitcoin

16:32 the entire video summed up in 1 sentence . im power phrasing : does crypto have a solid use case right now ? " IDK *shrug emoji*"

My MBA class was talking about Bitcoin back in 2016. We had a long debate on the technology, valuations, financial markets, payment systems... I''m glad my reaction in 2016 has born out. "I don't see a single compelling use case for this SPECIFIC iteration of the technology (i.e. the Bitcoin blockchain) couldn't be justified by the $1000 pricetag.

Backed currency is a horrible idea, whether it being gold-backed or having a cap on crypto due to the simply fact that government spending is inherently inflationary - which is why many/most modern nations ditched it for fiat currency instead. When you have a finite supply of something giving the currency it's "value," means that every time the government net spends causes it' currency to have less value. This makes it extremely difficult to do stimulus spending in the case of an economic downturn, like a recession or even worse - a depression. This is why when nations in these positions would usually suspend the gold-standard, like when it came to the New Deal and the rampant amount of gov spending leading up to an during WWII. With a system such as ours in the US, which is a fiat free-floating currency system, government spending isn't inherently inflationary. When the fed government has the monopoly over the creation of new currency, with the central bank, (the Fed), being the intermediary between the Treasury and the private market, fiat currency systems allow for massive amounts of direct government spending, and if targeted correctly and depending on the state of the economy - it can do so without much - if any inflation. This is due to the increase of economic output which can eat away the inflationary potential. Of course, if you get to a point where the economy is chugging along with full employment, and yet the Gov continues massive amounts of spending, you'll get to the point where there are simply too many dollars chasing too few goods, which can definitely cause hyper-inflation. The other thing that can cause inflation/hyperinflation even in a fiat free-floating currency system such as our own: is if say the governmental spending is targeted toward things that don't produce anything of real world value in the economy, whether it be physical goods or services, and is instead spent on corporations doing stock buy-backs and other forms of financial speculation, now that has a shit ton more inflationary potential. Due the lack of any economic output, and yet a massive influx of new currency into the economy. Which is of course what has happened to the US the last couple years. Most of the massive economic recovery spending under Trump first and then Biden second, and not nearly enough financial aid/support for the poor and working class, which allowed massive corporations and he rich in general, to just save that money or do massive stock buy-backs, this made the economic recovery extremely slow and extremely unequal because it didn't go toward purchasing anything with any real-world value, therefore rendering the stimulating effect - significantly neutered. Then you had many major corporations who made or were making record-breaking profits since Covid, began artificially raising their prices, which lead to smaller corps being forced to raise their prices as well, which when combined with everything else - is what lead to the current inflation. It did not have to do specifically with the government spending itself. A perfect example of this was Obama's econ recession-recovery stim-spending, (though paling in comparison to the amount of spending both Trump and Biden have done, (because the economic downturn as a result of economic shutdown over Covid - was going to far-far greater than even the 08 housing market crash that caused that recession), it still was nearly 800 billion dollars, and yet it didn't having any major inflationary impact whatsoever! None of this would work of course, if the US had their currency pegging to a foreign currency or if it didn't have a monopoly on the creation of new dollars.

they could still make money off NFT membership passes. all they would have to do is charge the creator instead of the user since the creator gets paid directly. the only thing that changes is how to money flows. right now it flows from youtube, to a creator, but in these situations it could just flow from the creator to youtube.

The more spread out and diverse industry and services are the better.

Bud u simply didnt say anything that cannot be done without nfts and the blockchain...... nothing zero , the safe valett against govs has grounds UNTILL thay regulate.....

Why would we need nfts for cross platform subscriber authentication? Any form of single sign on would do.

Domains would be a good use for NFTs. They kinda are the OG NFT afterall.

9:06 the only issue here is something that has been prevalent since its launch, art theft. Who's stopping me from taking someone's art, listing it, and raking in royalties? My wallet address is anonymous as long as I don't publicize it after all. When I steal someone's art, there are no repercussions, and realistically nothing the original artist can do when they find out because it's not them who are written in the code as the original owner, I am.

12:00 that was my idea - my rock operas, drawings, songs, everything becomes one big NFT

There are great arts out there but still underappreciated.

Great content as usual! I think you glossed over huge potential of fast and cheap layer 1 networks like solana to become infrastructure of the real world payment systems. Technology is already here, applications are being develeped by many including myself and adoption will follow logistic curve pattern which is how technological pogress manifest itself.

Well done video!

Another great video!!

See you mentioned the problem there: There's no way different platforms (KZfaq, Apple, etc) will willingly allow you to share your income across them. They want vendor lock-in. They're business that need you to be sticky to them.

You came very close to pointing out the broader utility of NFTs. An NFT is just a kind of tokenized asset. It can be used for any kind of intellectual property. Focusing on NFT in the art market is kind of missing the underlying potential of the technology.

Hi plz make a video on Mars colonisation

Bro this channel is amazing. Real in depth and great narrating. Keep up the grind bro this channel is about to blow. We need more young entrepreneurs giving us the news

such an awesome video. as a young guy interested on building a blockchain as a service startup in the future, trying to find great use cases and building a highly profitable business, it will take a lot of experimentation and maturity of the tech over time. With how the space and general economy is right now, now is the best time to build and test new ideas to prepare for the next cycle.

Btc is a store of value , and will continue on as such once all 21 million Btc are purchased the scarcity factor will make the price rise . It will always be traded as a store of value that is decentralize .

I didn't know Spiderman makes cool videos! xD

I'd rather invest in plain red t-shirts than crypto.

узнал много нового про альткоины из твоего обзора я даже не думал, что сейчас есть столько крутых перспективных монеток

The best investment one can do right now is to investing on Forex trading although cryptocurrencies are good but ever since I swapped to Forex trading I’ve seen a big difference.

Can't we use these NFT to link a physical asset and use it a proof of document in the future?

I wasn't sure about nfts for a long time. I've come to realise the biggest use case for nfts is digital receipts and tickets

Problem with the authoritarianism insurance idea is that it assumes that at some point we're converting something of value into crypto format. As an explanation for the demand for crypto this makes sense, but it doesn't show a source of value for crypto that isn't derivative: crypto protects your access to your real currency.

Solid commentary. It's a great time to be skeptical of Bitcoin and Crypto, as we approach more and more attractive times to buy-in

Value generally is a perception first, subjectively then becomes objectively when accepted by majority.

There's an interesting blockchain game called Blitz TCG

You can actually use NFTs for more than just artwork. The exciting thing about NFTs is the royalty system and programmability. There is nothing in web 2 that currently does something similar. NFTs that aren't simply artwork are the future for blockchain usability

I think that you really miss, that block chain should work better for there application than existing alternatives

Reducing NFTs to just the arts industry alone is missing the wider use for the technology. It also ignores the collectibles industry. Licensed digital collectibles and comic books NFTs are already a multi-billion dollar industry.

While talking about Leonardo da Vinci you showed a picture of the Sistine chapel ceiling which was done by Michelangelo not Leonardo da Vinci

Litghning Network was in the work for 5 years and works perfectly since a few years lol

Thank you good work

much love john

I excepted this video was going to debunk cypto but it actually introduced decent possible use cases

Can you make a video of Bitcoin Cash (BCH)

You missed the point of NFTs. As someone who developed an entire blockchain system, this is what the point of NFTs is: your property (in your case, quite naively, you used art) can't be seized by the government. In addition, NFTs demonstrate a ledger-based pointer to a distributed file architecture. This is useful for displaying ownership of any file type. So, if someone owns Facebook's largest number of shares and is declared the CEO or lead board member, they can store an encrypted disk of their passwords and access files that give them unparalleled access to remote systems. Whoever owns the expensive "NFT" would be given the private key from the corporation itself, as agreed to by the board. So, in effect, this is a two-way agreement, a social contract similar to the likes of John Locke's original discovery, representing virtual (technically physically tangential) ownership of something valuable and powerful. In no way does power have to mean data size. In no way does NFT have to mean art. In no way does art have to be valuable. It's the power it wields us that gives NFTs and distributed architectures, hosted on blockchains, their value. So, to philosophically refute every argument given so far using basic contrapositives: If data can't be tied to scarcity, then all data is free. If all data is free, then corporations would all be broke (no profit due to lack of scarcity, with digitalization as a vector for piracy). If all centralized architectures were broke, there would be nowhere to store data. But I directly contradict this statement, due to the existence of pirating platforms and the continued prosperity of music giants like Spotify and Apple Music. Data is still storable, data is retrievable, readable, modifiable, and writable. These entropic systems require quadratic increases in monetary spending, yet they remain secure and operational.

You right You can't be in crypto to just buy and sell dips you gotta be willing to take it as currency

Missed opportunity for NFT sponsorship on this video

I have a video idea. Maybe you could talk about the catastrophic events that may follow if Elon Musk had actually held by the Twitter deal, the fact that Bill Gates is the largest farm owner in the U.S, and the obviously detremental effects that may occur when the Metaverse is launched. Just a video idea, ofc, but it sounds quite nice.

Great Point

Very thoughtful

Hey John, you missed a really great opportunity to talk about Big Time and Joystick Games.

Brilliant. You have such a talent for this! Thank you for the amazing content ☺️

Check out what has been happening in places like Sint Maarteen, and Saint Kitts and Nevis

Having records on the blockchain can easily be used to track people's routine allowing stalkers or hitmen to physically use that to their adventage, for example if you always go to whole foods at a certain time or day that opportunity to stalk and follow home.

I disagree with many points, but your enthusiasm is irresistable !

What's the point of Bitcoin if you need gov IDs to buy or trade

Bitcoin is like Gold my friend... if you want to spend your crypto go to a coin like litecoin....

The biggest value of crypto (and especially bitcoin) is that you can own something that nobody can take from you (unless they torture you and you give up the info). You could memorize your keys and nobody will know that you even own it.

great video

Great insights, thank you for the share John! Useless, no, but not the game changer I assumed/hoped it would be a decade ago. I bought my first 5 BTC with 1/4 oz of MJ back in 2010, when btc was only good for buying/selling drugs. Changes in the underlying tech over this time (12 years) have been quite lackluster and disappointing, and the vaperware stories haven't changed much since 2010-12 either.

I want to you to make a video on Indian IT industry.

Nice documentary. Crypto is good for tonnes of things. Such as speculating and cash management. Everyone wants alpha.

5thscape is rocketing to the moon! 🚀💸 Don't miss out on this ride.

The asset anti-authoritarian argument falls really flat for me You could just as easily have your money in an offshore account, Or just store your money in tax havens or a multitude of financial institutions. There really is no reason that a hyperrich person in any kind of country from the most liberal of democracies to the most authoritarian of States should have all their money in one country and 1 financial institution

Very interesting how many earn via nft and its application is wildly useful for freedom.

Do cryptos really have value at all???

This guy didn't do research on the Mona Lisa why he mentioned the Mona Lisa is so valuable is 100% wrong.

the main reason why I'm convinced most of crypto scene is a scam is that the crypto influencers always looks like ghosts with gray scin, swollen eyes and deep eyeshadows. It just doesn't look healthy.

thanks!