So let's open our Bibles. We're going to be in Mark chapter 11. We're going to look at verses 27 through 33. And I, I really am, I have my alarm set to tell me to stop. It is, it is warm, you know, no denying that. And so I will do everything I can to show consideration to you. And I know that you can only hear to the point of your discomfort. But you know, it reminds me of different things, opportunities the Lord has given to me. I remember being in India in a house that had been kind of gutted. The front room had been opened up and it sat about altogether about 100 people. And it had no air conditioning at all. We're in India and the men will sit on one side. The women sit on the other. And in that particular church facility, the fans were put on the men. As a matter of fact, the men all sat in one section. The women were behind them. So the fans were put on the men and the women suffered in the heat as they should. And so, anyway, so I'm just teasing obviously. But this kind of reminds me of that. It was like 110, 115 degrees in the house.  It reminded me of that as we came here, how warm it was. But you know what, bless the Lord, you guys came to fellowship today. And I love you for that. Thank you for having a heart to hear from the Lord through His Word. We love and appreciate you very, very much. Well, I'm going to begin reading here at verse 27, Mark chapter 11. We're going to look at verses 27 through 33 today. So I'll begin at verse 27 and read to verse 33 and we'll get into our study. Beginning at verse 27, Mark chapter 11. Then they came again to Jerusalem. And as he was walking in the temple, the chief priests, the scribes, and the elders came to him. And they said to him, by what authority are you doing these things? And who gave you this authority to do these things? But Jesus answered and said to them, I also will ask you one question. Then answer me, and I will tell you by what authority I do these things. The baptism of John. Was it from heaven or from men? Answer me. And they reasoned among themselves saying, if we say from heaven, he will say, why then did you not believe him? But if we say from men, they feared the people for all, counted John to have been a prophet indeed. So they answered and said to Jesus, we do not know. And Jesus answered and said to them, neither will I tell you by what authority I do these things. And so as we begin, I was asked a question concerning verse 26, the last time we were together. And so I'm going to introduce our study by actually touching on verse 26 for a moment, because in chapter 11 verse 26, we close that passage where Jesus said, if you do not forgive, neither will your father in heaven forgive your trespasses. So somebody asked me in one of my, I have a mentoring class that I do every other week. And somebody asked me in that particular class, is this referring to salvation? Was Jesus saying that you could lose your salvation because it seems at first reading that he could be saying that? And so let me touch on that subject for a moment. I mentioned this last time we were together, but I'll say it again, a little expanded version of that. The forgiveness that is being referred to is not forgiveness that refers to salvation. This is something similar to what Jesus had said in the Sermon on the Mount. In Matthew 6, 14 and 15, Jesus said, if you forgive men their trespasses, your heavenly father will also forgive you. But if you do not forgive men their trespasses, neither will your father forgive your trespasses. So when Jesus was teaching this, he was not speaking of eternal salvation. He was speaking of forgiveness and how it is worked out in human relationships. You see, forgiveness is not condoning, excusing or forgetting something that's been done to you. Forgiveness, as I mentioned last time, speaks of the releasing of a debt that has been owed to you. The Greek word forgiveness means to send away or to yield up. So if my brother offends me and I forgive him, then I send away the offense from myself and from him. So that it is never brought up again. If a person keeps bringing up the same offense, they have never really sent it away. They haven't really truly forgiven. So Christians are to be in the habit of forgiving others because it is a way of life for us. This forgiveness is actually an expression of love for other people. In 1 Corinthians 13, verses 4 and 5, Paul said, love is patient. Love is kind. It does not envy. It does not boast. It is not proud. It is not rude. It is not self-seeking. It is not easily angered. It keeps no record of wrongs. So believers are to be merciful and forgiving. The Christian is not allowed. The Christian is not to allow his ability to forgive to be surpassed by his brother's sin. Salvation isn't based on good works. Salvation is based on grace. Titus 3.4-7 says it like this, When the kindness and love of God our Savior toward men appeared not by works of righteousness, which we've done, but according to His mercy, He saved us through the washing of regeneration, renewing of the Holy Spirit, whom He poured out on us abundantly through Jesus Christ our Savior. That having been justified by His grace, we should become heirs according to the hope of eternal life. So the forgiveness that is spoken of here is speaking of the sins that are part of our daily lives. These sins disrupt fellowship with God, and these sins should be dealt with daily. It is not necessary for a believer to be born again every day. So salvation was accomplished when we came to faith in Christ, and we were what the Scripture calls regenerated or born again. In 1 Peter 3.18 it says, Christ also suffered once for sins, the just for the unjust, that He might bring us to God, being put to death in the flesh, but made alive by the Spirit. He suffered once for sin. Salvation is a one-time thing when we receive it. In 1 Corinthians 6.11, such were some of you, but you were washed, you were sanctified, you were justified in the name of the Lord Jesus and by the Spirit of our God. And so what Jesus is speaking of is the breaking of fellowship with God because of sin. Though our sins have been forgiven, our fellowship is maintained through confession. Psalm 66.18 says it like this, Now when Peter at first had refused to allow Jesus to wash his feet, remember how that Jesus rebuked him. It's found in John 13. Jesus made it clear that if he wanted fellowship with Christ, that this was necessary, that Jesus was to wash his feet. And in John 13.9, Peter said, Lord, not my feet only, but also my hands and my head. Jesus, wash my hands, purify my works. Wash my head, purify my thoughts. As my works and thoughts are washed, my walk will be pure. Well, Jesus responded in this way in John 13.10. He said, he who is bathed needs only to wash his feet, but is completely clean. So this speaks of our thoughts and works that make up our walks and that those have been cleansed by the blood of Christ. And because we sin daily, confession is made daily and our fellowship with God is preserved. And this is seen very clearly in our relationship with other people. So if we understand the full forgiveness of God, we'll also extend full forgiveness to other people. And so that's what that verse is referring in context to. And with that said, we can pick up today in our study here in Mark chapter 11. Now this passage records a confrontation that Jesus had with Jewish religious leaders. And as I was preparing the study, I began to think about how often there was confrontation in the ministry of Jesus Christ from the very beginning of his ministry. It seems that Jesus dealt with conflict. And I find that interesting because many think that Christianity is essentially to be conflict free. Many think that arguing confrontation is always bad and should be always avoided. Part of the reason they may think this is because of the spirit of this age. You see, when I was a young hippie a long time ago now, I didn't think anything was worth arguing over. I just say, you know, whatever, do your own thing. Doesn't matter to me. I didn't like argumentation. I still don't. But I didn't think there was anything worth arguing over. I believe that we should let people just live as they wanted and we'd all get along. But when I got saved and began to read the Bible, I began to see that Jesus often was involved in confrontation. So I began praying. I said, Lord, and I still remember this. I was in the army. I still remember there were things that I would pray often, especially as I got saved. The first thing in the army I remember praying all the time was God helped me to learn the love of the people. And secondly, give me a spiritual spine. Lord, I want to have the ability to stand up for what is true. I don't want to be a hippie Christian. I don't want to be, well, you know, live and let live. There's nothing worth arguing over. God, give me an awareness that there are certain things you have to hold fast to and not show any kind of compromising. Help me to hold fast to the essential things and be willing to navigate through the disputations and confrontations, argumentations, and the various things that I'll encounter. I want to have a spiritual spine. And I began to pray that because, you see, from the beginning of his ministry, Jesus was often confronted and confronted religious leaders. In John 2, for example, in verses 13-22 through 22, that portion records the first cleansing of the temple and the problem that the cleansing of the temple actually caused. Jesus made a whip of cords. He drove out those who sold oxen, sheep, and doves. He also drove out the money changers who were conducting their business there. We all know that story. And that caused the religious authorities to ask him where he got his authority to do this. In response to their question, he predicted his resurrection. As we look in Mark and began our study in Mark, chapter 2 records that Jesus healed a paralytic and also forgave the man of his sins. And it caused the religious authorities to once again question his authority. In chapter 2, verses 23 through 25, that portion records how Jesus allowed his men to pluck heads of grain on the Sabbath and how he was questioned and considered to be a violator of the Sabbath. Jesus ate a meal at Matthew's house and scribes and Pharisees questioned his disciples how he could eat with tax collectors and sinners. There was a confrontation there in chapter 2, verse 16. In Mark 3, 1 through 6, Jesus healed a man with a withered hand in the synagogue and they plotted to destroy him. Once again, it was a point of contention. So on many occasions, Jesus became very pointed in things that he said to the leaders. Mark 7 records that he confronted Pharisees. He spoke very directly to these religious leaders. They were upset because his disciples did not wash their hands before eating. In Mark 7, verse 6, he answered and said to them, While did Isaiah prophesy of you hypocrites as it is written? This people honors me with their lips, but their heart is far from me. In vain, they worship me teaching as doctrines the commandments of men. So as you read your Bible, you're going to see Jesus was involved in debate, confrontation, arguments and attacks. He exposed sin, spoke clearly about it, exposed error quite often. It provoked the religious authorities to debate with him, to try to ensnare him because they considered him dangerous. People were following after him. In John 12, 11, it says on account of him, speaking of Lazarus who had been raised from the dead, many of the Jews were going over to Jesus and believing in him. When he said we're going over, that means to desert. They were abandoning, departing from the Pharisee teachers and they were believing which means to entrust or place total faith in him. They were abandoning the Pharisees and entrusting themselves to Christ because of the miracle and they were upset. And so the Jewish authorities argued with Christ often and especially now at the end of his ministry. They began to question him because what he's done. And this time they're arguing with him because he cleansed the temple. Now after cleansing the temple, he administered to the people. We saw that he was teaching, that he was healing. In Matthew 21, 14, it says the blind and the lame came to him in the temple and he healed them. So after sharing with the man about faith in God and the power of prayer, the man he enters now once again into the city, verse 27 tells us that. It says that they came again to Jerusalem and he was walking in the temple. Now both Matthew and Luke tell us he was teaching and preaching in the temple courts. So as he's walking, the people are following and he's sharing with them. That's the way many rabbis during the day of Christ. And to this day, that's the way many people continue to teach. Very often here on this very campus, I'll be walking with someone and they're asking questions of the Lord or ministry or whatever. Very often as we're walking, I'm talking to them about ministry. I'll point things out. I'll point out where I'm standing right now. There used to be a barn here. Right over to my right, your left, right over in that direction. There used to be a stable there. That stable was removed. The barn obviously was removed and the stable became one of our first bookstores. Our first bookstore was actually in the chapel over there. And then we moved it here and I'll point that out and I'll say, look at what the Lord has done over the years. This is how he did that. We had someone build that patio cover there. Then somebody else built another patio cover over there. This taco bell that we have off to my right that we call the high school department bookstore. You know, it's a taco bell. We built that and I'll go through that and I'll say, this is how the Lord did it. Everything around here, if you look and I'm walking with you and you ask questions, I will say this is how he did it. This is why I see he did it. So Jesus would do that. He'd go through the temple courts as he did so. People would follow him. He would speak to them. They would ask questions and that's what's taking place here. He's walking in the temple. Luke 20 verse one says he was teaching the people in the temple courts and preaching the gospel. The chief priests and the teachers of the law together with the elders came up to him. So they actually come up to confront him. There he is walking. He's teaching. He's sharing. And here come these men. Now when you see those three categories presented to us, when you see them together, the chief priests, the scribes and the elders. That represents what was called the great Sanhedrin. The great Sanhedrin is actually what we would today refer to as the religious supreme court. They were the ones who made decisions concerning the religious life of the children of Israel. You see, under Moses in 1445 BC, Israel developed a religious council. In Numbers 1116, God said bring me 70 of Israel's elders who are known to you as leaders and officials among the people. Have them come to the tent of meeting that they may stand there with you. So these were men who were to help Moses as he governed the nation. Later on in 500 BC, during the time of Ezra the priest, the system evolved into a more formal council which helped the exiles returning home to get situated in the nation of Israel. During Jesus's time, the Sanhedrin wielded great social and religious authority. They had power and they enjoyed it and had become concerned with Jesus's popularity. In John 11, 47 and 48, it says, then gathered the chief priests and the Pharisees, a council, and said, what do we do? For this man does many miracles. If we let him, thus alone, all men will believe on him and the Romans shall come and take away both our place and nation. So there were the chief priests. This would refer to the present ruling high priests, the men in Caiaphas and those who formerly held the position of high priests such as his father-in-law Anas and a select group of dignitaries. So that's the chief priests. The scribes are the teachers of the law. They were experts on Jewish religion. And then they had the elders who were the key leaders from various villages and towns in Israel. And they were the final authority on decisions affecting the religious and political lives of the Jews. They're challenging Jesus to show them his credentials. They said to him, notice verse 28, by what authority are you doing these things? Who gave you this authority? Now I want to build on that for just a moment because that question is not necessarily bad. It's not necessarily an improper question. It's a question that should be asked of any moral leader, religious leader. When you read your Bible, and there's so many scriptures I could point to, but I'm only going to point to a couple of them. In the Old Testament, in Deuteronomy chapter 13 verses one through three, it says, or one who foretells by dreams appears among you and announces to you a sign or wonder. And if the sign or wonder spoken of takes place and the prophet says, let us follow other gods, gods you have not known, let us worship them. You must not listen to the words of that prophet or dreamer.  In the New Testament, first John chapter four verse one, John writes, beloved, do not believe every spirit, but test the spirits to see whether they are from God. For many false prophets have gone out into the world. Old Testament, New Testament, you were to test the teachers. You were to ask them, where did you get this authority? You were to ask them about their doctrine. You see the way to test is comparing what is said to what God has said in the Bible. It's never your emotion. It's never your feeling. It's never what you have made up. It's always scripture in Galatians one, eight and nine, Paul said, even if we or an angel from heaven should preach a gospel other than the one we preach to you, let them be under God's curse. As we have already said, so now I say again, if anybody is preaching to you a gospel other than what you accepted, let them be under God's curse. That's how serious it is. So the question they're asking is very important by what authority they're asking and also who gave you this authority? Why are you asking that kind of question, especially this late in his ministry? Well, you've never been recognized by approved means. What is the source of your authority? Ordination occurred after serving an apprenticeship under a recognized rabbi. And because of abuses, the Sanhedrin had taken over the process of ordination. You didn't complete the necessary requirements to become a rabbi. And that caused problems. You see, in John 7.15, the Jews marveled at Jesus saying, how does this man know letters having never studied? How does this man know the scriptures? How does this man know the writings? Jesus never received rabbinic training. How can he know the traditions in scripture? How can he apply that to us? What gives you the right to do and say the things that you've recently said and done? Again, he had entered Jerusalem to an emotional welcome. He had entered into the temple and cleansed it. He'd been teaching and preaching. He'd been healing the sick. And when he had cleansed that temple, he railed against the abuse of power that had been displayed. He told the leaders that the temple had become a den of thieves instead of a house of prayer. And that caused great anger and provoked the question that they're asking. Whenever people's actions are called into question, there will always be the possibility of an attack. And very often the attack will come from those who are rejecting the true authority of scripture. They had done personal research on Jesus. And what they had done is they had formed what we would today refer to as a smear campaign. That's what they were doing. And that particular tactic, by the way, continues to this day, smear tactics. They're called, in our day, ad hominem attacks where you're not attacking the argument or a position of somebody. You're attacking the person himself. You don't like him. You don't like his orange hair. You don't like the person. And so you attack. Not what's being done, but the mean tweets. And I'm not saying that as a political statement. It's just current. And we all are aware of that. We all have seen that. I received, as all of you did, I'm sure, in my home, I received different ads recently because of the recent election cycle that we have here. And the ads that were sent to me were not telling me what this particular person was going to do. The ads that I read, the majority of not all of them, were ads telling me how bad this person is. And those attacks weren't simply coming from the other opposing party. Those ads were coming from that person's party itself by the opponent who was running against them.  I'm tired of somebody wanting me to vote because this other person is so bad. That's called ad hominem attacks. It's not presenting to me an actual position that I can think through. It's presenting to me somebody's opinion on how bad that person is. And that was taking place during the time of Christ. And it's very irritating when you encounter that. Proverbs 16, 27 and 28 says it like this, an ungodly man digs up evil. And it is on his lips like a burning fire, a perverse man so strife. A whisperer separates the best of friends. And that's ad hominem. That's taking something personal and attacking. Well, they questioned Christ in that way. They questioned his birth. When you read your Bible, you'll see that in John 841. He was speaking to his opponents and he said to them, you do the deeds of your father. They said to him, we're not born a fornication. We have one father, even God.  And so they considered Jesus to be born a fornication. And that was well known for the 30 plus years that he walked the face of the earth.  So they questioned his birth. They questioned his friends in Luke 15 and 1 and 2. All the tax collectors and sinners drew near to him to hear him. And the Pharisees inscribed complaints saying this man receives sinners and eats with them. So they attacked those who listened to him. They attacked his personal habits. Luke 734, the son of man has come eating and drinking. You say, behold, a gluttonous man and a wine-biber, a friend of publicans and sinners. They questioned his spirituality. In Matthew 934, the Pharisees said he casts out devils through the prince of the devils. They questioned him keeping the law. He was called a Sabbath breaker because he healed on Sabbath. John 518, the Jews sought all the more to kill him because he not only broke the Sabbath, but also said God was his father making himself equal with God. So they questioned him constantly. They did their background. They did their checking, his birth, his friends, his habits, his spirituality, his keeping of the law. And they spoke this with conviction as if it's common knowledge. And this is how a person's character is attacked, smeared, and destroyed. And that's their desire to destroy his ministry, the effectiveness of it, and to undermine him. You see, if Jesus admitted to having no credentials, the people could lose respect for him. And these men wanted to embarrass him to undermine his ministry. So they asked him, who gave you the right to do what you've done? Who gave Jesus the right to do what he was doing? He had the authority of heaven. He didn't need recognition from them. Remember at his baptism, his father openly bore witness of him. Mark 111, the father said, you are my beloved son. In you I am well pleased. And as transfiguration, we've seen this as we've gone through Mark. His father again openly confirmed him. Mark 9, verse 7, a voice came out of the cloud saying, this is my beloved son. Hear him. Jesus himself spoke on his own authority and the authority he had received. In John 1249, he said, I have not spoken on my own authority. But the father who sent me gave me a command, what I should say and what I should speak. So they were rejecting heaven's authority as Jesus was speaking. You see, if the Bible says something they disagree with, they simply reject the Bible. That happens to this day. In this reading on this, there's a cultural research center in Arizona Christian University who was studied on. And it says their findings were, belief amongst American adults, churched or un-churched, is eroding in all segments. They found those professing belief in the Bible are not much different than non-Christians. 46% reject the Bible as absolute moral truth. 48% accept it as absolute truth. Only 43% of those self-identifying as born again still believe in absolute truth. Today people trust inner certainty, scientific proof, traditions or public consensus. I see that as a pastor and I've seen that over the last 50 plus years as faith has eroded. When I got saved back in 1970, there was not a question that the Bible was God's word. Today people say it's just a book amongst other books. And even believers, even those professing to have a relationship with Christ and to trust His word, half of them are saying, well, if I disagree with that, I'm going to go with my opinions. I'm going to go with my emotions. Well, these people believed in a biblical truth, but they rejected it when it was revealed. And so Jesus is speaking to them. Notice verse 29, Jesus answered and said to them, I also will ask you one question. Then answer me and I will tell you by what authority I do these things. The baptism of John. Was it from heaven or from men? Answer me. Now, asking the question. Let me touch that for just a moment. Asking the question. Asking questions is a what is called a rabbinic method. Again, it's just typical. What you do is if you're teaching somebody as a rabbi, you ask them a question to see what's within them so that they can spontaneously respond to the question. And so when they respond to the question, you can begin to correct or to encourage their conclusions. It was a very typical thing then. It's still seen that way to this day. One author pointed out that in the Gospels, Jesus asked around 339 questions. So again, the person who's being asked is going to consider why they believe what they believe. So when Jesus asked the question, he's not evading theirs. He had already answered it several times in the past. The point of his question is simple. Are you willing to recognize heavenly authority? So verse 30, John's baptism. Was it from heaven or of human origin? Was John's ministry of God or was John's ministry of man? And he drove him into a corner. For verse 31 says, a reasoned among themselves saying, if we say from heaven, he will say, why then did you not believe him? They were driven into a corner. What was John's message? Jesus Christ is the Lamb of God who takes away the sin of the world. To receive John's message is to receive Jesus Christ. So when you say the baptism of John, was it from heaven or from men? Answer me. We can't do that because if we admit it was from heaven, then he's going to question us. And so he will say to us, verse 31, why then didn't you believe him? But if we say from man, they feared the people for all counted John to have been a prophet indeed. So they answered and said to Jesus, we don't know. And Jesus answered and said to them, neither will I tell you by what authority I do these things. You aren't willing to answer. You don't receive an answer to my question. I don't have to answer yours if you don't answer mine. Luke 20, verse 6 said that they said, if we say from men, all the people will stone us because they are persuaded that John was a prophet. They wouldn't answer him. So he refuses to answer them. They're guilty of rejecting the light and he didn't continue giving them opportunity. They refused to receive the truth. The only thing left of them was judgment for rejecting it.  You may or may not realize that, but it's true. Everything you hear, Jesus said it like this, the one who has been given much owes much. When you receive, you are now responsible for what you've received. If you've heard the message of the gospel and refused it, there's no answer. There's nothing that comes after the gospel. There's nothing that comes after the gospel or nothing in the judgment of God. For these people to refuse to receive what was being said, they were bringing upon themselves judgment for rejecting it. The more you know, the more you owe. And that's what the Lord is saying here. He who rejects me and does not receive my words has that which judges him. The word that I have spoken will judge him the last day. So if we go up to the Lord and say, I never knew that, the Lord would be able to say, No, on this particular day, that hot June morning, you heard, but you refused. No, you heard, but you reject it. And that's why Jesus says, I'm not going to answer your question until you answer mine. Was John from God or was he not? When John went out and said, behold, the Lamb of God who takes away the sin of the world, Jesus could say, am I that lamb and do I take away the sin? Because if you see that I am, why have you not responded? If you reject me, there's nothing but judgment coming afterwards. And that's a fact. So, you know, somebody says facts don't care about your feelings. There's truth to that because facts are just that. They're just facts. You have to deal with the facts. And so with the gospel, is Jesus the Lamb of God or is he not? And when somebody comes and questions his authority, where did you get that authority? Jesus had already said, I don't say things on my own, but my father commanded me to say these are the things I'm telling you. My message is from above. You're rejecting God's only witness for your salvation. Very strong words. Confrontation when done in the proper spirit of caring and loving and dealing with error is actually a proper thing to do. And again, I asked the Lord 50 plus years ago, give me a spiritual spine. May I believe what your word says and may I live as if it's true. I'd encourage you to the same. And so Father we ask.


I'm a self-employed electrician in Europe. I'd like to accept BTC as payments, but I think that initially, it will just be a few transactions a year. What about BTC's pay server versus just printing a Bitcoin address on the invoice? How does BTC pay server work? BTC pay server gives you a ton of flexibility. It allows you to have multiple companies, multiple wallets to create and track thousands and thousands of invoices and payments. But it takes quite a bit of work to install and deploy. At the very least, if you installed it and deployed it as a Docker container, you need to be familiar with how to set up services on something like the Microsoft Azure Cloud service. You need to configure it, way too complicated. And there's no reason to do that. For a few transactions a year, really simple. If you have a hardware wallet, what you do is you generate a receive address on your hardware wallet and then you copy and paste that receive address. And if you want the QR code into an invoice and you can make that using something as simple as Google Docs, make a nice little template and paste your QR codes and address in there. And that's it. It's useful when you create an invoice like that to give instructions on how someone should calculate the exchange rate. Because you're probably not billing in Bitcoin. That's gonna be very difficult for customers even if those customers are Bitcoin affixionados, right? Because Bitcoin and other cryptocurrencies are great as a medium of exchange and a store of value but not particularly good as a unit of account because of volatility. So you'll probably be billing in euros. And you're going to need to do your accounting and tax payments in euros anyway so that makes it easier. So let's say you bill 100 euro for one of your services and your customer needs to pay you in Bitcoin so you have a Bitcoin address on your invoice, they will need to find a way, preferably in a greed way that you're comfortable with on deciding what the exchange rate is at the time of payment. So even if you just put a little blurb at the bottom of the invoice that says terms and conditions and you say exchange rate calculated at the time of payment based on bitcoinaverage.com, coincap.io, coinmarketcap.com or whatever other mechanism or price index you want to use and that's what you would put in your invoice so that your customer knows, okay, at the moment of payment I go on one of these price indices, I calculate the exchange rate for 100 euro and I pay that amount in Bitcoin to the Bitcoin address that is below. Now remember, different Bitcoin address, different QR code obviously for every invoice. You want every payment to be in its own Bitcoin address for two reasons. Reason number one, it gives you a really easy way to track payments. So when you create the receive address in your hardware wallet, you can tag it, you can label it and say payment from John for installation of solar panels and that way when you see a credit against that you're like, oh, okay, that was invoice 13 payment from John and so you can track who has paid you and who hasn't. Another reason why you would want to have a separate address per invoice of course is for privacy. That way your customer who receives this invoice can't see all of the payments you've received before and you're not reusing addresses on the Bitcoin blockchain or any blockchain which is a serious privacy risk for you. So that's another consideration. But you know, really, really simple. You don't need the full blown BTC pay server or such system in order to just do an invoice a few times a year. If you enjoyed this video, please subscribe, like and share. All my work is shared for free. So if you wanna support it, join me on Patreon.


Hello hello friends today we're going to be covering one of the biggest stories out there for food delivery industry and that news is Uber Eats is acquiring Grubhub. We're going to be covering what is exactly happening and some of the insights that we can draw from it and lastly why it's super important and the impact that it's going to make for you as a restauranteer and basically how you can take advantage of it and some of the action steps that you should take.  You love them because it brings in tons of revenue but you hate them because of the fact that they charge 20 even 30% commission off your top line and as restauranteers we know for a fact that the margins that we're looking at is probably around 5 to 10 percent of the top line only. Now with third-party apps and delivery services charging 30% we cannot use these apps as a profit-generating item. We definitely need to be smart about how we leverage off these brands and leverage off these traffic and that's part of the reason why I shot this video right here as we talk about the different strategies that we can leverage off these food delivery app services so then that way we don't lose money and they make the money and it becomes a win-win situation. So definitely check out that video right there. Now today we're going to be talking about what is exactly that is happening. Uber Eats is planning to acquire Rubhub and according to Bloomberg this can happen as soon as this month May 2020 and basically what does that mean? There are four key takeaways and insights that are happening within the industry and the first one is that this deal could very well put Uber on the top of the throne. They're going to be as of March of 2020 DoorDash owns the biggest slice of the food delivery service at a pie at 42% of the market share and that the second runner up is Rubhub at 28% and the third comes Uber Eats at 20%. So after the fact that Uber Eats does acquire Rubhub then they would become the market leader at 48% and the second would be DoorDash. What does that mean for you as a restaurant owner? That means that you shouldn't wave off Uber Eats. I know for a fact that a lot of people don't like using Uber Eats because of their service, because of all the different strict rules that they have and they're not as lenient and on top of that they charge a really high percentage out of all the different food delivery services out there. Now having said that if and when they do acquire Rubhub then you know for a fact that they're going to be acquiring all the different customers that Rubhub has and what does that mean for you as a restaurant? That means that you should definitely jump back on board with Uber Eats if you're thinking and considering scrapping them and I would stay on that train because as a market leader they're going to be able to make a lot more waves and leverage a lot more of the advertisements and get a lot more users on Uber Eats and that itself would generate a lot more traffic for your restaurant. So definitely do not wave them off as they are going to be making a comeback for sure. The second insight that we can grab from the data is that this could very well amplify the recent growths for Uber Eats as a lot of the different analysis actually are out there. Uber Eats is losing a ton of money through this service. They themselves started off as Uber as a ride-sharing service but since they went into the Uber Eats and food delivery industry they have been losing tons of money with promotions with market share and acquiring customers. So what does that really mean for you? That means that this deal could make them become the market leader and in turn once again it is going to be they're going to have a lot much more leverage and this would probably turn it around for them in terms of financially, in terms of market share and for you as a restaurant owner you definitely need to pay attention to Uber Eats. One thing that I do get asked quite a bit is hey you know what I run a cloud kitchen and should I consider going with Uber Eats as an exclusive for delivering my services and my offering? This answer is yes now. You should definitely consider doing that because there are different cloud service, cloud kitchen models out there that I talk about right here. Check out this video as we talk about the different types of cloud kitchen models out there and one of the models states that hey you know what you can only put your offering on specific exclusive food delivery apps such as Uber Eats or DoorDash and a lot of people previously did not like that kind of model because they feel like that they're limiting their exposure, they're limiting the people that they can reach. Now with this news coming on board I would highly recommend even considering that in the future because with exclusive feature with only one platform they do a lot more in promoting your offering to the customers around the town because hey they need to guarantee that they have traffic for you and in turn you have the loyalty and you have their back so it's like scratching each other's back and which is the reason why I would super super bullish on this whole acquisition so if you're considering once again whether you want to be hopping on the Uber Eats train then now really is the time to do so. The third news which is not as applicable to the food industry is that Uber Eats is making even more moves outside of the food delivery apps they are planning to acquire scooter company Lime which is one of the biggest transportation Limes scooter services out there in North America and in Europe so that itself really shows that Uber has a lot of potential and their ambition is really to dominate different industries so definitely do not write them off just because they charge a ton of money they also will be giving back in acquiring a lot of customers which in turn allows you to benefit from that now it all comes back down to how you leverage the different types of traffic sources coming in so definitely don't write them off use it smartly leverage their service leverage the traffic that are coming in at the end of the day one thing that you can do perhaps is to make sure that you set up a different menu menu with high margin items so then that way it counteracts the high percentage that Uber Eats is charging and that's just one of the strategies I shared with you guys in my previous videos last but not least the fourth insight that we can gather from this acquisition is that this is the first major food delivery acquisition that we're seeing and it's not going to be the last it seems like that the whole industry itself is going to be consolidating in the upcoming months that means that it's going to be a huge huge fight for market share and all these smaller brands like Postmates excuse me would be consolidating into only one or two big big competition and food delivery providers out there so we're going to be able to see a lot more mergers in the future in the coming months and once again what does that really mean to you as a restaurateur it means that the rules of the game have changed and I always preach that and if you think that after this whole COVID-19 thing passes by things will become normal again I can tell you that for a fact it will not become the normal it will become the new normal and the new normal in the food industry means that delivery as a service is going to be a core offering second is that dine-in will only be part of the offering it's not going to be the sole thing that everyone is relying on anymore curbside pickup is going to be huge as well and family meals at home is going to be huge as well as well all in all we need to understand the market and the rules have changed it's up to us as restaurantiers as entrepreneurs to actually understand that and to adapt to that and definitely check out my live here we talk about like what we can do to bring in additional revenues we talk about different ways that the market is changing how we can adapt to it and the faster that we can adapt to it the faster that we can actually benefit from that and I basically recently I interviewed a friend of mine Mark Handless and he basically is one of the top restaurants in the United States they do fine dining $230 average ticket costs and because of this whole COVID thing they were able to change on the dime and change their food offering to $14 burgers and in turn they're selling 1500 servings per day and while he's able still to keep his employees 100 employees on payroll because he was able to pivot and because he was able to adapt all in all having said that the restaurant game has changed you need to make sure that you and the forefront and to understand what has changed and not wait for things to be normal again when doors open up it is for the people who are ready to actually take advantage of this whole changing landscape having said that you definitely know that it's actually a really really big plus for you who is listening to this right now because basically a reset button has been pressed everyone is on the same starting line it's the people who are adapting people who see the differences and people who are taking matters in their own hands that will come out on top of others so now it's fair game for everyone and if you guys want to be in the forefront if you guys want to make sure you guys get the fastest news most insightful news and also the different strategies about the food and beverage industry definitely make sure you guys subscribe along the journey as I will be doing a lot more of these coverages with you and sharing a lot more resources with you in my channel so if it's your first time here make sure you guys subscribe and check out all the different videos that we've been doing and aside from that if you want more resources on how to you start a restaurant in this environment definitely check it out in the description below we have some resources that we can share with you on how you can build a restaurant from scratch from talking about dealing with your landlords to menu menus for marketing to social media basically all the different resources are in there for you to help you out once again my name is Wilson I really hope you guys enjoy this smash that like button subscribe along the journey I will see you guys in the next video


So this talk is called Why Does Tibetan Stack Its Letters? And I think most of you know some Tibetans, so we'll be familiar with this. I'll have some preliminaries, then the Tibetan script, then look at prescripts, then superscripts. Oops, some of it is still in German. Then some intermediate conclusions, then look at classical Tibetans. Most of it is about all Tibetan, and then we'll end. Okay, so here's a Tibetan syllable. This is Drup which means accomplished, and I tried very hard to write it in a way that it might make sense even if you don't know Tibetan, although I think most people here probably do. So you see that the S goes on the top, so basically, let's start the vowel. You have constants that come after the vowel or on the right. The vowel and most constants that come before the vowel are in the middle, but then for some reason this B is on the left. And as a convention, in order to sort of make it legible throughout, I put the prescript in blue and the superscript in orange. So now we're going to look at the behavior of the prescripts and ultimate compounds, the behavior of superscripts and ultimate compounds, and then the pattern in classical Tibetan. Okay, so let's look at the prescript, and I'm going to look at three morphemes. So let's say words, how they behave in compound. They are pun, which means official, tsun, which means queen, and zik, which means leopard or sea. So when you have word initial before a vowel, then you keep the prescript. So here we have tri dupun, where dupun means official, and tri means 10,000. So it means myriarch, and you keep the d because it's after a vowel. Whereas when you have chiliarch, so official who runs a thousand unit in the army, tung pun, then you delete the d because it's after a consonant. And we can see both forms of the morphemes in a single sentence. Here you have tuktsam, tung pun, pun yokki, mun lam du sol wa. So prayers for the benefit of superiors and subordinates on behalf of the chiliarch, tuktsam. Where you see you have the word pun yok, which means the officials and subordinates.  Okay, now looking at queen, word initial and after a vowel, you keep the b, but word internal after a consonant, you lose the b. I gave this talk in Germany. I thought I had cleaned it all up and turned it into English, but it would appear not entirely successfully. So I didn't have a hurry, I guess. So sorry about that. Anyhow, now looking at zik, leperd or si. So here we just have two names. Snia gziks, where you keep the g after a vowel word internally, but you delete the g word internally after a consonant. So you get the idea, I think. So looking at these morphemes all together throughout, let's say, the documents in the Old Tibetan documents online and a couple more, you get sort of this pattern of keep the prescript after vowels and word initial, delete the prescript after a consonant word internal. I list here the regular and the exceptional examples and you see that there are exceptions, yeah. It needs to be looked at a little bit more, but the evidence is quite strong for this pattern. So now that was it for the prescript. Now let's look at superscripts. And this I'll do primarily with one morpheme as my example, which is bracen. Or, you know, sorry, I should have said bracen if I'm saying it in Old Tibetan and cen if I'm saying it in modern Tibetan. In modern Tibetan, you don't pronounce any of these things anyhow. So our custom of pronouncing things in modern Tibetan is not necessarily helpful for giving this presentation.  It also occurs in the word emperor and other things, where we have the b prescript and the r superscript. Now, if you just look at the forms that occur in texts, Old Tibetan texts naturally sort of cleave into two groups. One group that has two forms, brtsan and btsan. And one group that has four forms, brtsan, btsan, rtsan and tsan. And I call these group B and group A amazing counterintuitive that I don't call them group A and group B. But rather group B and group A. That's because as you will see anon that I think group A is older and group B is younger. But for the purposes of exposition, I think it's easier to discuss the simpler pattern first and the more complicated pattern second. And that's what I have just explained here. But we're going to look at, so text group B first that has two forms and we'll look at word initial and word internal. So looking at word initial, the word initial form is always btsan. That's to say with the b but without the r. You get things like tsempo emperor, tsenmo empress and tsentore which is a person's name. Now looking at word internally, the word internal form is usually btsan with the b and with the r. So you get things like dtsen which is a title and motsen which means mighty helmet and gelsen which means mighty victor. So that was it for texts in group B because it's a relatively simple pattern with only two forms. Now we will turn to texts in group A where we have four cases to consider. And these are word initial where we get btsan, same as in group B. Word internal after vowels btsan. Word internal after the consonants nga, gaba and ma. You get rtsan. And word internal after the consonants rla, na and sa. You get tsan with no b and no r. Now I just want to sort of, the linguist in me can't help but say these consonants do form natural classes to use Jacobson's terminology. The first ones are grave, the gga, gaba, ma and the second ones are acute, rla, na, sa. So it's not a totally random fact that, you know, oh some letters do it this way and some letters do it this way. These sounds form natural sort of classes in terms of their articulation in the mouth. Okay, so looking at word initial, you know, this slide will look familiar. But now we're looking at text group B. Tsenpo, tsenmo and centore. You get the b prescript but not the r superscript. And looking at word internal, you get both the b prescript and the r superscript. You've seen these examples before, at least some. Detsen, tritsen and platzen, divine emperor. Okay, now we get to the ways that text group A is different. So word internal after nga, gaba and ma, we usually have rtsan. So we have things like moqtsan, mighty helmet, tongtsan, a name and gimtsan. Who's all the name? And then after the acute finals, so rla, na and sa, we usually get tsan, T-S-A-N. In examples like gyaltsan, kartsan, mighty castle and muntsan, which is a name. Okay. And we do have nice cases where two forms of the same word are contrasted in a single text, which let me just explain methodologically why I see that as important. You can't say, oh, it's just noise. So some texts have these forms, some texts have these forms. If you actually get in one single passage, both forms following the rule, then it means the language actually behaved this rule as a systematic thing. So just let's look at the example. So it's nice because their names are extremely similar, one tsansong, one tsongtsan. But you get the rtsan form and the btsan form depending on the context that I explained previously. And then for the second one, we have zhang, tritsen, dang, zhang, gyaltsen, uncle tritsen and uncle gyaltsen, where uncle tritsen gets the b because tree ends in a vowel, and uncle gyaltsen doesn't get the b or the r because gyal ends in an l. Then lun, gyaltsen, tang, lun, tsansong, minister gyaltsen and minister tsansong. So gyaltsen again without the b or the r and then tsansong because it's word initial, the b but not the r. And here so I've contrasted the form sort of pairwise using textual passages. So now let's look at exceptions. I've sort of given you, in order to kind of, well, sort of experimenting with different presentation styles in part, I've decided this kind of top down version where I just tell you the answer and then convince you it's true is better than sort of more empirically saying, well, let's just see. Have we noticed a pattern? Have we noticed a pattern that's more time consuming and harder to follow? So I've just given you the pattern, but now let's look at the exceptions. So there are many exceptions in group A texts. I mean, partly, you know, group A has a more complicated pattern, so you would expect more exceptions, whereas group B has a simpler pattern, so there are fewer exceptions. So, but the exceptions predominantly occur in three texts. Those are the royal genealogy, the chronicle, and the prayers for the foundation of Degu Jutsu Monastery. One thing that's fun about all Tibetan studies is we all read about the same six texts over and over and over again. So, you know, the prayers for the foundation of Degu Jutsu Monastery, for instance, came up a lot in Dr. Jue's talk, as did actually, for that matter, the chronicle, but I think less so the genealogy anyhow. So my proposal for explaining the exceptions is that group A texts are earlier and group B texts are later, but the three exceptional group A texts properly belong to group B, which is to say, I think those three texts are later texts. But then why have I put them in group A? Well, I put them in group A because they have all four forms. Well, why do they have all four forms if they're group B texts? My explanation is that they have retained some type A examples as archaeasms, and that's of course possible, right? Older things can be transmitted to younger things, younger things can't be transmitted to older things. So if I'm right that group B texts are later, you wouldn't necessarily mind seeing a few type A cases in group B. So that's the proposal I'm going to make, and I'm going to try and argue for it a little bit. So first of all, well-behaved type A texts are early. Let's try it on texts of known date, if you like. So the Zhole inscription from Syrca 763 is a type A text, and the annals, and kind of when the annals are from is a very hard question to answer in a sense. But if anything can claim to be the oldest text we still have in Tibetan, it's probably the annals. So, well, let's just say it's a type A text as well. Whereas type B texts and poorly-behaved type A texts, and here I'm just listing the poorly-behaved type A texts, are later, like the chronicles, and I forget exactly when Brandon and Agnieszka said the chronicle is from, but it's late. Or, I mean, it's still old Tibetan, we're talking about pretty small time spans here, but it's late-ish. And the prayers for the foundation of the Yuzhou monastery we know are from around 822, so they're late. Okay. And now, just so, I think maybe I've already convinced you that there's these two patterns, and there's type A and type B, and type A is older and type B is younger, but some type A texts are actually type B texts that just have retained some type A examples. But now let's look at some actual sort of philological evidence. And I'm going to discuss a principle of historical linguistics here, which is the fourth law of analogy of Kuru-Wovitz, which specifies that when a language presents a doublet, the more transparent form is older, and the more transparent form is younger, and the more opaque form is older, and that both means formally and semantically. So I give you two examples. Lost in English is new, whereas forlorn is old, and you get that both in the R, which reflects this Germanic process called gamata-shevexo that has been analogically leveled in English. It's still preserved in the alternation is R and was were, where you get the R in the R and the were, right? So you get this SR alternation. So it used to be in English you had something like loose with an S and lorn with an R, and you keep that in forlorn with the specialized meaning and the archaic form. And then also melted versus molten, where you have the verb melt and the productive, both formally productive and transparent past tense is melted, that also has the more broad meaning, whereas the more specific meaning molten is only really used in metal and chocolate, has the formally archaic look, has this different oblau grade, so it has the O rather than the E, and a more specific meaning. So that's Kurolo's law, where if you see two things that are sort of similar in form and similar in meaning, the one that has the more specific meaning and the more wacky form is the inherited one and the other one's new. So now let's look at a case where I'm going to apply this this law in Ulta Baden. So in the prayers for the foundation to go to monastery, we have type A Karzen, which is a place name, and you have type B Mokzen, which means mighty helmet. So Karzen should mean mighty castle, but it's a place name, whereas in the text Mokzen actually means mighty helmet. So my explanation is the one with the clear meaning, the transparent meaning, the type B example is new, whereas the one with the specialized, you know, not no longer active specific meaning is old. So yeah, so I think that helps, you know, confirm my hypothesis that prayers, for instance, is a type B text, but it's kept type A features where you would expect it to keep them as archaeisms in things like the conventionalized spellings of place names. Is that the right form of Karzen? Ah, let's come back to that in the questions, yeah. I've given this talk several times and no one's spotted that so far. Okay, so now moving along, now we have a linguistic criterion to separate Ulta Baden documents and Leite Baden documents. So first I say, well, we have this mess, we're trying to figure out the pattern of the spelling alternation. Oh look, it correlates with old texts and new texts. Well now we can actually, for texts of unknown date, we can use this criterion to assign them either to the earlier or the later period. So let's do that and I actually have to give Brandon full credit for making the talk interesting by suggesting this case study. So here it goes, the Pari Bell, which was first published in 2011, so it's a bell from Pari, and it mentions Emperor Tzuk-sen, who lived from 704 to 755, and the fellow who published this article thinks that the bell is from the life of this emperor, so thus is older than the Zhol inscription, which would make this bell the oldest, you know, datable extant Tibetan text, older than the Zhol inscription, if we believe, I think his name is Lachok, the guy who published this article. But let's look at its spelling, so the Emperor's name, Tzuk-sen, is Type B. So it's not that old, it's my suggestion. If the bell is in fact older than the Zhol inscription, it should have been Tzuk-sen without the B, Tzuk-r-sen. Now I just want to make clear that I'm not saying that the bell was made yesterday, or that it's fake, or that it's not even pretty early old Tibetan. I'm just saying it at least belongs to Type B, old Tibetan texts, which means that it's not older than the Zhol inscription, and it is from after the time of the Emperor who's mentioned in it. Okay, now, so there's this lovely pattern in old Tibetan texts. Is there any sign of it in classical Tibetan? And the answer is a little bit, so particularly if we look at the behavior of numerals, you'll notice that the word for ten in the decades, so in words like ten, twenty, thirty, forty, fifty, the word for ten keeps its B prescript when the preceding syllable ends in a vowel, but it loses the B prescript when the preceding syllable ends in a consonant. So it behaves, so let's call it the prescript deletion rule that you saw as active in the words like pun, which was official, and sun queen in old Tibetan, is still, that pattern is still followed by the word ten in these numerals, in classical Tibetan. And now I'll just look at a few nouns in classical Tibetan where I think that these patterns elucidate at least the etymology or the spelling of classical Tibetan words. So if we look at sonam, which means punya, which means merit, it's also a common man's name, just we know because of the Mahadyupati that it is a compound of se, which means to foster, and nam, which means to gain, but hitherto we would just say well why when they made this compound did they delete the BS? Well it's perfectly regular, like in old Tibetan when you make a compound the second element, if the second element begins with a prescript and a superscript and follows an element that ends in a D, you should delete the prescript and the superscript. We saw that pattern already, which is to say writing sonam and deleting the BS from the second morpheme is good behavior for compound internal sundae in old Tibetan. Now the word you've all been waiting for, tsuklak, which Dr. Zhu talked about. So whatever it means, according to the Mahadyupati it means archa or vihara or chastra. As far as its etymology there's been lots of ink spilled on this question, but let's go with the most recent contribution, which is that of Micheal Khan in 2003 and he said it's a compound of the two verb stems, future verb stems, penetrate, tsuk and read, black. And then he just sort of, I mean in I think a quite convincing way, he draws parallels. He says, well and here are some other examples where a future stem deletes the B in the second element of a compound. But here we can say it's not just that oh some compounds delete the B in the second element in a future stem. That's a rule. It's a phonotactic rule that we saw operational in old Tibetan. So I think let's say this is a reason to maybe think maybe his etymology is right or maybe in any case my explanation of how prescript and superscript deletion works in old Tibetan compounds is consistent with Han's etymology. And there's a mean question lurking in this word too. We'll see whether Brandon figures it out for the question answers session. Okay, and then last but not least, ten chö which means shastra. It's the same ten is in ten chö, right? Ten chö is something like ten chö bei gyurwa or something, yeah, I don't know. It looks like it violates the pattern because you say oh ten chö there shouldn't be a b there. But in old Tibetan texts or even in some classical Tibetan texts ten chö is a frequently met with spelling. So actually just already I think from kind of the principle of lectio difficile or in text editing you would say the one without the b prescript is probably older. But here I can have also demonstrated that the one without the b prescript is, you know, correct if you're interested in following the rules that I've been articulating. And what I think is exciting is the bun, you know, the bun pos they don't like the word chö. So wherever they find the word chö they change it into bun and they changed it into bun in this word. Which means when a bunpo, you know, whoever did it the first time, saw the word ten chö he was thinking without the b prefix. Because then it looks like the word chö that means dharma and it should be changed into bun. Now when I gave this talk previously someone objected and said but the chö in ten chö has nothing to do with the chö that means dharma. And I completely agree with that as a sort of a buddologist or a linguist or whatnot. My point is just at least one bunpo once saw ten chö and thought he saw the word dharma there because otherwise it wouldn't have been changed into bun in bun terminology. So let's say these two pieces of evidence, the fact that you actually get orthographic variation on it and the fact that bun pos somehow see the correct form as without the b prefix indicates to me that in old Tibetan it probably shouldn't have had the b prefix. And the spelling with the b is a kind of morpho, what's it called, morphophonemic spelling if you like to reveal its etymology. Anyhow, that's the end of my presentation. And just sort of in passing I'll point out that because prescripts and superscripts behave differently in terms of their phonotactics inside of compounds, it makes sense to write them different places in the syllable. You can say if you want to answer the question why did Tumi Sambota, if such a man existed, which he didn't, why did he decide to write some things to the left and some things on top. It's because he had noticed this quite complicated pattern of compound internal sundae and thought well why don't I index it somehow in my spelling system. Which is to say I think that the Tibetan, far from being some sort of arbitrary arcane frippery of the nefarious llamas, this idiosyncrasy of the Tibetan spelling system actually shows that it's a very well designed orthographic system that encodes a lot of linguistic information. So that's the end of my talk. Okay, shun gong. Oh, let me say and make sure the cameras are rolling. I'm very indebted to my collaboration with Abel Zadox on this paper. In fact, the initial insights to look at sen and pun in their distribution in compounds. That was his suggestion. I did the kind of philological legwork but I want to say to the extent that you see a good idea here is his good idea.


Hey everyone, this is Mike Kramer of Mock Capital checking in today is Tuesday October 17th It's around six o'clock in New York time US markets are closed So today was a very busy day inequities and in rates Actually the last couple of days have been very interesting because the market the equity market seems to really can't Can't really find a sense of direction while, you know rates are currently moving higher and The dollar's been sort of fluctuating and so today's retail sales data certainly came in Hotter than expected and that certainly caused rates to move sharply higher Especially, I mean really across the entire curve the two-year rate Closed at a new cycle high today reaching, you know as high as five and a quarter percent and so this is almost implying that the market is now At least considering the fact that the Fed may be looking to maybe raise rates another time Before this cycle of rate hikes is over and that's what this movement in the two years would suggest I don't know that there's really much upside here beyond let's say 5.3 percent 5.3 percent is a Level that you know, we would have to go back Many years to go and find but here it is right here. So going back to June of 06 So Given that we don't have enough information to say that the Fed is gonna raise rates more than one more time I think at this point we need to think that the two years probably capped Around this five and a quarter to five thirty level now what may not be capped is obviously the ten-year rate Because you can see that it looks like there's a bull flag that formed here And then we broke out of it and really moved sharply higher Today increasing by another 13 basis points to move up to a new closing cycle high at four point eight four percent call it and At this point, you know, we can clearly see that the RSI is not an overbought territory The Bollinger ban were certainly not as overbought as we were back at these points in time If this is a bull flag, then we could surmise from it that there's probably more upside And really once we take this 490 level out call it on the ten-year Like the two-year we would have to go back many years to really find the next major level of resistance And that comes somewhere around five and a quarter percent and you know when we just do an extension off of this pattern We could probably we get about the same Distance and if we do it from a more conservative basis, you could see a 100% extension takes you somewhere to around 520 so it's Given where the front of the curve is given where the How the yield curve inversion is at this point in time? Given that we know that it's likely that we can see the back of the curve continue to rise in the front of the curve Stay sort of stagnant. It seems possible that you could see the ten-year rise Another 25 basis points and that would really only take you back to around zero And we can see that this area around negative 35 basis points is a level of Consolidation for the 10 to curve and so a break above this I think would certainly be a sign that the tenure is Heading significantly higher. It's also worth pointing out that on the 30-year When you do it minus the the three-month Treasury You can see that this is also at a port and level an important point Which could suggest that the 30-year is also going to be making another run higher potentially moving Above this high again. This has a similar, you know, bull flag type structure in it again like the ten-year not really Overbought at this point in time and would suggest that there's still room for this to go up from here Now this is Now this is important because if we can think about where rates are going to go Maybe we can figure out where the equity market's going to go and in fact when we look at the S&P 500 futures and we overlay it with the ten-year Treasury futures at least going back to July the two have been moving side by side. They've been basically mimicking each other and When we go back and look further in time this relationship actually started some time ago If we go back all the way to the top here You can see that you know as the market was basically falling rates were rising and but the pattern grew stronger It would seem This summer When we got to this point in time, you can see it got much more more correlated and certainly you could see off of these lows as well as This price was moving higher price has been moving with price There was a separation right in here But again, this is what we're generally seeing at this point in time and so This really kind of gives us a little bit of a clue maybe in terms of what's Next in the equity market and at least when we look at it from a more short-term point of view You can see that price of the ten-year Treasury rate has moved down sharply The equity market so far has held up. I would say it's not entirely common to see this because we've seen this before where Equity price has moved higher at the middle end of July ten-year rates were moving ten-year prices were moving down Again, you saw a ten-year price is moving down Stock price is moving higher and this persisted for you know a few days July 24th And then really equities didn't start turning down until August 1st the full week Here you can see again September 7th And equities didn't really start turning down for a full week and here if we look here We're October 12th, and so we're coming up about on a full week And so it may be actually within the next day or two So it could very well be the case that there's still another leg lower here coming for equities Which would again if this is a path and a sign for what's to come This would suggest that we're gonna get back to these lows and maybe Undercut it when we look at the S&P 500 futures When we look at the cash market, we look at the cash market a couple of things stand out really quickly on the S&P 500 We have what looks like some sort of Triangle pattern here. You could argue maybe it's a Rising wedge to some degree, but what I think is interesting more So is that this pattern really resembles this pattern?  You can see the three legs up You can see a shoulder an indention another shoulder And so it makes you wonder again is the next leg going to be lower here returning us to this level We've seen this similar thing happen now on a number of occasions Here you can see we had the three legs up and then you had this Consolidation with the exit Again, even when you go back into this period of time you see the three legs up the consolidation And then the exit so again this looks similar to that with the three legs up The only thing that's sort of confusing here is that you don't really have this same head-looking structure But when you look at the NASDAQ you can clearly see that there is that same structure You can see there was a three legs up with this head in the shoulders and now Perhaps potentially suggesting we move lower again. You would need to break 14,990 for that to really be confirmed and then I would be looking for 14,700 likewise This is a resistance level up at this red line around 15,300 this dates back to the highs back in the middle of July So again, that's sort of a similar pattern again what we've seen in the past so This these patterns are Suggestive along with the price action we've seen in rates That we probably return to these lows when we look at the Dow It's also not really giving us a clear indication What is clear here though is when we look at the Dow There's a channel that's rising typically when you get Rising flags. This is not a bull flag. These are usually corrective flags Typically you see a reversal and a return to the lower end of it This is just typically what these rising flags do. It doesn't mean it has to happen But again, my guess would be is that if you were to take out the 34,170 level You're then talking about opportunities to rise back to this trend line Which is something that dates back to the to this level in June Likewise, if this does end up breaking and you fill this gap here at 33,560 It probably means you're going to see a return to this 32,900 level and again given The patterns given the price correlation we're seeing That would be one that would be suggestive that we see these lower these lower movements When we just go back to the futures really quickly again We can also see that the dollar is having a lot of influence over Where these prices are going and you can see that when we take the Canadian dollar and Instead of looking at it up this way we invert it you can see that this is also having some influence over where prices of stocks are going and Again, not perfect But again, if we can figure out Generally the sense that the dollar is going to be getting stronger and that the Canadian dollar this Canadian dollar USDCAD is going to be rising then this would also suggest that we would see lower Stock prices to come so these are just some tools that you could maybe put to use that could give you a little bit of an edge As people try to figure out what's happening in the market When we swing over to the DAX, I don't have any neat Relationships to show you here, but again, here's your your trend line that we've been tracing out and following Here was an attempt to break out. We failed and then we moved down here was an attempt to break out We failed and we moved down What's interesting is that when this happened we took out these lows and made a new low So far all we've done is gotten back to the prior lows, basically the question is whether or not we're going to make a new low and test this 14,800 level. I mean certainly when you look at the DAX, it's not oversold. It's not oversold on the Bollinger Band It's not oversold on the RSI There is clearly some resistance here at 15,300. There's also very strong resistance up here around 15,570 When we look at the overall Structure of this move here, you can see that there's an impulsive move down You could say one, two, three, four, five and then this looks like Maybe a five with an A and a B and maybe there's another C wave coming Which would again maybe suggest we rally and test this level of resistance at 15,580 While a drop of below this 15,140 level I think opens the door to a retest of this low and potentially a Break again overall this looks like a bit of a distribution pattern Which would also suggest maybe we have another leg lower coming The FTSE has been fairly resilient compared to the other markets The FTSE, you know again broke this trend line. Here's your uptrend in it We came down broke the uptrend. We broke the downtrend Came back into it got down to the 7,380 area came back up and so far we haven't been able to get through 7,700 but this is actually held up fairly well and Again like the other indices. We're not really seeing Signs of an index that's overbought and that would suggest that you know Maybe the FTSE can continue to rally if it can break above this 7,680 zone because even if you extend this trend line up, you know You can see that you can get you can get somewhat higher into the mid 7,750s or so before you really have to worry about this trend line and We should move it over and again there wouldn't be resistance until 7,740 or so At least in this case you have a trend that's moving higher Again, there is some consolidation here But the difference I think between this and what we're seeing on the more hourly chart on the S&P is that This chart has been consolidating now for a really long period of time and this looks more like potentially base building than it looks like a Consolidation with it with an angle or tilt maybe moving lower But again, you just have to continue to keep an eye on all of this and watch how these levels break down And you know again, I think ultimately speaking if you begin to see, you know I think that these markets are being very heavily influenced by changes in currency exchange rates and in and basically in interest rates as well and so you know because those are all going to ultimately affect earnings and such and Financial conditions and liquidity. So this are some of the things that I've been looking at some of the areas where I think that these markets may be heading Anyway, hope you have a great rest of your day, and we'll see you soon. Bye


Hey, we're excited to see you graduate from the start-up plan Well, let's walk through everything you need to know as you transition onto a new plan So what happens before during and after my graduation day? Also, what exactly is my graduation date? Your grad date is the date the plan expires two months before the state art He will contact you cool. What's up one before your grad date select? Which plan you want to switch over to you can base this decision on your current usage Which can be found on your quota utilization page. Where can I see your pricing options head over to oddzero.com slash pricing on your grad date You'll automatically be transitioned onto the free plan. Now. I know what you're thinking How will this affect our customers? Well, our login experience just break if we don't have access to the paid features This transition will not disrupt your customers or your current setup. Oh, like at all not at all You will receive a notification of your decommission at which point you can switch over to the selected plan What happens if I stay on the free plan? Well, just keep in mind that it might not give you access to all of the features that you're currently using For example, the free tier doesn't give you access to custom domains. Well, we use custom domains exactly So if you're already using it, it's not going to break your login experience But we'll need to upgrade to keep using it. You got it After your grad date, you can activate your selected plan in the oddzero dashboard settings on subscriptions tab Will this impact my dev and staging tenants as well? No. So if you have multiple tenants, send us a list of all of the tenants that you want moved over to the new plan And we'll help you set it up. Done. You'll have a 30-day grace period after your grad date during which you'll be notified of any Existing feature overuse. Oh, yeah, I remember seeing one Yeah, that's because you moved over to the B2B essentials plan, but you have over 7,000 MAUs I have a call scheduled with the sales team to select a different plan while we're here to support you So let us know if you have any questions


What is going on guys it's your boy dpj here today with another destiny video and in today's destiny video I'm going to attempt to solo this week's weekly motherfucking nightfall and it's talyx discard. We have art burn We have specialist and we have light switch.  I'll show you guys my class set up I'm using the fate bringer. I'm using the patience and time.  Oh Look at that. It's got a sniper. We find around. I don't know where that's come from. I must have peed that up yesterday It's nice. We find around not bad. I'll keep that and Anything's you can get snipers we find around now.  I'll keep that even though the stability is pretty horrible.  I'm not gonna keep it cheap. I know I'm so cheap I'm using my Defender. I am using the harm set 14 and I'm using a mishmash of armors Basically just falling together. It's making me get to a level 4. See what we can do here And if I die in this it's gonna be due to light switch. It's gonna be due to light switch So I always die when there's a light switch in my phone. So my first time attempting it.  How was your bungee day? But the time I post it probably will be a few days after. How was your bungee day anyway? Did you see the year one video? I think it was pretty epic even though I wasn't featured in it and do you guys know why I wasn't featured in it? Because stupid old me forgot to reply to the email they sent out and asking for mission for permission to use that videos I didn't even know I had to email until yesterday. I saw it yesterday And I was like, oh well, it's just one of them things. What can you do about it? What can you do about it?   You have to defeat the dark heart in the black garden Preventing the summon of closer soul capture scholars in the vex citadel Defeat the prisoner of alzol's on hard defeated Atheon in the volt glass on hard defeating closer in the quarters and raid on hard We have complete 50 public events and one or win a hundred crucial matches and find all 20 golden hidden chests Pretty easy to be honest if you have what well, I think the main ones people done are just the 50 public events and Probably the golden chest now the golden chests are pretty easy to find many videos all over the internet and Just a YouTube or destiny 20 hidden chests you'll find a little patience. There's no problem whatsoever.  Oh, well, it's a lot of good head over there. See if it's in the mouth.     See how far I still ain't got them yet. I still haven't got them yet.  We all can spray We all can motherfucking spray Yeah, yeah, yeah, I'm gonna spray. I'm gonna spray. I'm gonna motherfucking spray Okay, there's no more down here Normally some of these are the guys hiding there. They are I caught you bitches. This is some special and heavy ammo there. Look how low it's heavy So you got that what you got? F bitches. We are no match for this bad boy.  No more special ammo though. I have got plenty of special sims. So we're all motherfucking good Now this is the room to the fallen walker the one room i'm dreading But someone did say on twitter yesterday that he cheated four times in his uh canon and he dies I don't know how true that is But I want to try it out I really do Let's get rid of these enemies first You see him pretty close That's these guys And the other exotic I need is the bones of the E8. Oh I need them bones of the E8 Don't like that sound My health that's pure reaction.  How can you do?  Now I'm going to have to be sneaky.  No, I don't like these dudes that explode. No. No. No. No. No. No. No Where did you go? Where did you go? Did you just disappear? Did they spawn? Oh, they must have Still a dude's down here though. He'll go take care of picking off slowly And this is where Tanix is probably the best spot here now is to take Tanix down When he spawns in that room there You probably want to do your best to take as much health off him as you possibly can before you get to the final room Because the final room gets so many little enemies spawned in no real way you can actually hide Um, I don't know if you can run back to the door and sit behind the door. I'm not sure that to be honest, but let's just see I know this is where he spawns.  Yeah, he popped up. That was crazy.   I know there's shanks that spawn here.  Well, that's weird.    We've got a teleport D&D dig and where did he get the vision teleport? Give me something to do again Give me that, give me that scorch.  Give me that scorch.  You will be rewarded treasure Boom! Boom! Oh, bitches.  One shot. I got motherfucking one shot. That was crazy That was crazy. Now what are you gonna give me? What are you going to give me game? Give me something good. Give me something good. Give me something good. Give me something good. Give me something good. Give me something good The plan C Many times I've got this down weapon over the past three weeks. I think I've got like five times I've got this like five times I've got one here that I haven't even started using yet.  Let's give me another fucking. Oh, damn But that's the way it goes and you just don't know what you get. That's probably what's so addictive about this game.  Let me know down below in the comment section I hope you guys enjoyed the video. Do drop a like. I'd appreciate the support and peace until next time. Peace