One second everybody. I'm gonna get everything set up correctly There it is All right Welcome buddy digital asset news to get top stories and cryptocurrency digital assets and big amount of bite-sized pieces First thing I want to do is make sure that the audio is good. Everybody can see this. This is kind of important to do that first Laura Renju Langton Dylan Gilbert Casey Pillop everybody appreciate it I'm gonna try some of the difference today first of all I'm gonna have a special guest on a little bit and I'm gonna try to bring them into the live stream It should be pretty good. And second of all, I'm gonna need to ask everybody's help first of all every time We do these live streams. I have to make sure there's two things that are correct First of all the video. Let's make sure there's no glitches. It's not doing too much and it's actually Performing like it's supposed to and the audio. Tell me how both of those things are and then we'll go from there Serious ham good audio a good strategy helps Thank China Rob.  Hello, Sharon Gabriel Birmingham, UK. I must be early Audio and video are good.  I don't understand why so All right as much as this costs I think we're just gonna put this to the side for a second. Okay, and then Yeah, once the once the guest gets in first of all Thanks, everybody. It is a Sunday and What a day, huh anything going on? No, nothing nothing. Okay. Well, that was good. So thanks for stopping by I appreciate it. If you like the video, give it a thumbs up. I'm just kidding there's some things going on right there's a lot of things going on and one of those things is well The market seems to be going down just a little bit just a little bit and I have to tell you usually Usually on this channel. I'm pretty unflappable Honestly, I'm pretty much just like nah another dip. We call it a Tuesday, you know in the traditional markets People are gonna be jumping out of there out of the windows But and you know, that's pretty much how I've been pretty much since after 2018 when I figured out Hey, crypto is not like traditional markets and we really need to pay attention and just say that a big deal However today I made a mistake and I'll tell you that mistake in a second but I'm gonna bring you back a little bit and just talk about what happened so Been doing a lot of different things been under a lot of different stress a lot of things are going on the background and You know, so had a great day yesterday's beautiful day Hang out with some friends and family that stuff is awesome, right? Did a little bit too much last night so my voice may be a little bit jacked up, but it is what it is and The mistake I made today, I would just tell you this is when I woke up The first thing I did was take a look at my text messages and that's Never good, right when you get up. It should be just like, you know, just Let the day kind of come to you and just see and just relax a little bit and kind of ease into it But guess what look the text messages everything's going wrong. Okay, this is going on. That's going wrong then the market And then of course what's going on with Bitcoin? What's wrong cryptocurrency and blah, blah, blah And I'm like, I'm gonna take a look.  Maybe This is it Maybe the bull rune is over. Maybe I was Incorrect in some things And then I almost punched myself in the mouth for thinking that I was like, what the heck just happened there And I got it. It's because sometimes When we get into certain things especially in the crypto market and we've done all the research right if you're here right now First of all, welcome Second of all, if you're new to this, let me just bring you along a little path And just tell you that these the types of things that are normal these dips these valleys these pumps these dumps These whales these exchange fees these everything that that we're doing right now is pretty much The normal right and sometimes you get a little rattled, but then you have to just take a look back and go Let's take a look at what's really going on and then go from there And uh, that's what I did.  It was a good fight And um, yeah, and it goes back to what we've always said, right? Dips are good. Pull backs are healthy. Who just said that? M.m. Buy the dip, right And then you just go, well, this is the same thing I've been doing the whole time And then when you take a look at it, you go, okay, well Where are we going in this trajectory? Well, I am not Nostradamus, but I can tell you like this Never underestimate the power of greed And never underestimate the power of group think and we'll go over that in a second. So first of all, thanks for coming by Let's jump in shall we? Let me share my screen right quick And then another thing is things don't change, right today. It's kind of crappy here in El Paso It's like 50 degrees something like that. It's always the same thing Wake up, walk the dogs Take a dip in that freezing cold pool and I know people like is that a green screen? No, it's not a green screen. It's an actual pool. And then we go from there. All right, let me uh Let me share my screen shall we? And share. Oh, there I am. Peace My head's enormous All right So this very quick. This was a pretty good Uh piece of information. I think people already talked about this liquidations. I thought it was interesting This is from uh CJ a man over there at microbellion and I think We've heard about this, but I'm just going to go over this quite quickly. Okay And we got let me break this down here this is from bybt.com and it can show you what liquidations are and what's going on and uh in the last hour we've had 17 million liquidations, which you think is a lot which it really isn't then you got a four hour 109 million 12 hour almost a billion and in 24 hours, there's 10 billion dollars That has been liquidated. Now. Here's the thing I'm not a trader. I sure as heck went through leverage trading. I think it's destroying the market I know what I'm going to get crucified for saying that But I'm just telling you a lot of you don't know what the heck you're doing as far as leverage trading You can do whatever you want to that's what that's that's fine But when I see these leverage traders and my Jesus and then what when I talk to traders who are really good at it And know even what they're doing like I don't touch that stuff So, I mean do whatever you want to I'm just uh, this is not financial advice gamble all the way that you want but I got to tell you uh, kind of hard to see that And um, then we're going to go over some different things about there is a rumor of a crackdown from government agencies from traditional financial institutions that were doing money laundering We're going to talk about uh In china, there was a there's a shutdown on some mining operations because of uh different issues Then some other things but what I really need to do is bring in this guy Let me just uh, stop sharing my screen for a second And admit him And what I need to do real quick. Who is this handsome devil? Whoa, are we live? No, no one's watching. It's okay I think I think catching me off guard just now is uh I set a record this is the first time no hat on youtube. Look at this guy.  So yeah, we're live, but I think we got like two people watching no big deal And uh, yeah, awesome. It's just it's just us back at the pub, right talking So what I did real quick. Let me uh, let me change the view So what I did was I was talking about it real quick So I wanted to go to the street before he got in because I talked about how I got rattled today I got rattled today Because yeah, I know because when I woke up I told me I did something stupid.  I had a real wild Not a wild day, but just a very Intensive day yesterday and some things were going on and uh, maybe had a little bit too much fun last night And then I woke up and I was like what the hell's going on And all of a sudden text message text message text messages Then you take a look at the market then you watch some youtube videos, you know experts tell you what's going on You know how that goes alex? And I was like shoot and I thought of myself man, maybe I Maybe I overthought this whole bull run. Maybe it's gonna end differently Maybe it's not going to be like it was last time and then I said I just got Rick rolled I can't believe I just happened to me and I had to I said I go almost punch myself in the mouth Because we have to just take a step back and look at the facts of what's going on And then just go from there and I and the last thing I said was never underestimate the power of greed and group think So my man tell me it tells us what's going on because if for those who don't know Uh, this is alex maschioli Former head of institutional investment over there at b-quantz dealt a lot with those hedge fund managers and almost billion-dollar players and whatnot now he is the CEO and owner of trade the chain sentiment analysis And I invited him on just to give a little perspective Of what the heck is happening here pal, what do you got? Well, I mean it was it was definitely an interesting morning to wake up to the market too and You know being rattled is only natural You know the first thing people I'm sure do is they open up their phone They open up all their apps where their crypto is they see it down dramatically and they're like, oh the world's ending What's going on? They start googling trying to find out You know, it doesn't matter It doesn't matter how experienced you are you ever everybody's natural reaction is to do that So to have a little bit of fear there. There's a couple of things. So when I started scanning There's a couple things. I saw a blackout Occurred over in china for a mining facility Yeah, and hashrate, you know people were speculating that the massive decrease in hashrate was causing the bottom to fall out There was also a couple of articles. I mean, I don't know if you could uh, do you mind if I share screen real quick Absolutely not. Don't you ever know I think I gave you access already when you when you popped in so let me know if it works out Very cool Yeah, so there's there's a couple different articles. Um that I pulled up here for examples You know some what are the most believable headlines because the one thing that happened today was there's a lot of different headlines Here's one Bitcoin crypto markets crash on us crackdown reports. This was huge. I think this was this was because it was going everywhere and I was like, oh okay Now it says, you know, it goes on to say that the the bitcoin experience a massive sell-off. Um, it's based on the fact that uh, you know regulators are going to come down um on Exchanges and other us-based entities now I don't believe that this is the case the cause for the retracement and price and a couple of examples i'll set one is mlkyc Has been implemented and been a standard in us regulated exchanges since the beginning Okay, that to further crackdown does not mean to further hamper their business operations It would be some sort of cooperative effort on maybe they're looking for something specific or you know surveillance transactions uh, two is We have a the most uh, Crypto competent and intelligent regulators in their positions right now more so than we did the last administration And double so the administration before that we have people regulators in their positions now that understand crypto more So I think this is fun. I don't believe this article To be the cause of a 10 percent or more retracement That's what your thoughts on that rob. Well, first of all like here. Let me Uh, let's let's bounce back just to us. Here's here's my thoughts about this. Thanks is that You know, we just had gary ginsler just get confirmed Uh by the senate committee to be the head of the sec and I've always I've talked about this ad nauseam on my channel You can go right now in youtube and take a look at ginsler teaching a blockchain and cryptocurrency class at mit mit That is not the community college that I went to He's actually pretty pretty like reasonably smart people and he's teaching them exactly what's going on And that's the guy who's in charge of the sec. Oh and by the way, it's not like he's just cryptocurrency guy I believe wasn't he a golden sacks exec uh beforehand? Yes So he knows the traditional finance inside it out. He knows the crypto market inside and out so I said when I saw this I'm like When I saw it it was on zero hedge and they were very quick to to note that this is unsubstantiated and it's a rumor Yep, and I was like, well, tell me more because I love a good rumor myself I like zero hedge too. I trust that source. Yeah, and of course they're like, hey, this is just some substantiated I'm like, well, give me the cheeseman. Tell me what's going on and That's what's up. So I think I mean, if they are looking for something as far as some some money laundering type of thing I mean, they're gonna have to Especially in the traditional because I was it was it talking about like banks were doing these types of things or something else? Are we talking about like exchanges doing these types of things? That was the big question People facilitating it through exchanges Which by the way was touched on by us during the course of this past week in regards to a certain broker And why there there seems to be an upswing in what people believe to be nefarious activities coming from maybe tier two Tier three banks that are connected to accounts and things like that Yeah, you know what this was and speaking of like nefarious and illicit activities, which we all hear right I remember when I got in it was all about this well soak road And then the cartel is using bitcoin like crazy. Oh, and also about terrorism. There's all these illicit activities Let me share my screen. We and then We had talked about this too I say we but it's just me Because I don't I'm not I'm not cool like Alice. I'm a whole crew so this was this was uh There was a former cia a director and he pretty much just said look I took a look at all the data and I can just tell you like as far as like illicit activity Yes, it was higher in 2012 2013 with the silk road, but as time has gone on It's been about 1% Oh, and by the way, if you're taking a look at the most illicit activity It's by the traditional banking system and finance which was at 2% So when we take a look at that like wow, okay, that's it. Oh then Before I forget we actually started off with talking about the liquidations from cj Oh, yeah 10 billion you're talking about just Just that that's small that's small So you want you want to touch on that because you know those guys How many how many of those of those people do you think that of your guys that got liquidated? I don't I I think it's going to be a Small percentage and you know, this is what rob's talking about here. There's uh, There was a heck of a lot of liquidated long positions that happen in the market because of the price retracement and You know, I think it's a bunch of Uh, over leverage on the retail side as far as that goes. I do not think it was It was necessarily large institutional derivatives positions There's going to be now. There's going to be a great many of them that were but I think the majority was over leveraged over zealous retail investors What? I know investors getting greedy. That's That's an that's insane. You put a thousand dollars into your bitcoin account Position you say, you know wait, they're going to give me two thousand more dollars to go along on it. Why not? Yeah, so let's let's talk about leverage trading real quick Alex, you're a trader I use that term loosely Respectfully, I'll just say respectfully I want to ask you about leverage trading so I'm not a trader. I'm awful at it. I tried it in my hand and it sucked and I'm just a Just an investor for leverage trading Do you think people just got ahead of themselves a little bit or do you think there's a lot of people out there like, you know what? Leverage trading is for me all the way Yeah, I mean gambling.  Okay, and I think you have a large influx of new crypto people coming in with the likes of voyagers and coin bases and the publicity that they've been getting And so when certain exchanges offer you extra chips at the table It's it's it's insane you it's it's fomo. You feel like you're missing out You feel like listen, I think rob's making more money at crypto than I am every day So I'm gonna upsize my position because I want to get a pool and be as cool as a and I think that's a very systemic thing That happens and it lures people in and before you know it. They're in over their skis Uh, yeah, unfortunately that is a big problem, right? But I mean, it's it just seems like you can do it I'm gonna tell you right now. Everybody who's watching right now Uh, you have to understand you can do whatever you want to do.  That's one thing, right?  Sell the house sell the trucks sell the cars. We're putting all on doge and we're going to the moon I think those are the foolhardy type of things that really I mean statistically They're not going to pay off All the time. Let's just let's just put it like that. So again, do you know whatever you do and get into there?  That's insanity Truly insanity. All right. Just disclosure. I don't I don't use leverage on any of my trading if the only leverage I utilize Is uh already baked in and that would be in levered single or double levered ETFs Um, but the the rule of thumb is any money that I lose is the money that I principally had So I don't owe anybody in case of a dramatic sell-off Yeah, perfect sound advice, right? If you want if and then uh, I just do Again guys, it's just it's the same thing. It's the same thing for me, right? I just I have a position I do a little dollar cost averaging in and then I try not to Foam away into anything too hard I'm guilty as as as much as the next guy, but over time I've learned so today Today again, we take a look at the facts and we want to say to ourselves. Okay. This is what's going on Has this happened before? Yes, it has Will it continue to happen? Yes, it will do. I think It's going to go a little bit higher. Sure. Why not? Because uh, I still think this bull run has legs to run But just don't get too rattled too fast and then speaking of facts and data. I want to share one more thing with you which uh We each I saw on my favorite place twitter I want to talk about this real quick This was a Piece that I saw it and again emotions take over right if you then if you're not new to my channel You know, I'm not a big fan of coinbase because of the fees and everything else I sense changed my mind a little bit because people remind me. Hey rob remember not everybody is you know Really good with going into an exchange and start trading everything else. So coinbase has its place, right? So this article it talks about how The ceo sold 71% of shares see if the ultimate 7% see if also 100% president sold 100% of shares And I was like damn that's that's a crazy article. So I just said thoughts And then immediately people like this is not accurate. This is an inaccurate report and you have to take a look deeper It's okay. This is from don ghost and he says look Here's the article where talks about brian armstrong sold 70 50 000 of the shares for 291 million This represents 1 1.5 of a stake in the company and this was the article follow-up Uh from there. However, I wanted to get alex's take on this because this was not an IPO, right? This was a direct listing So there was no shares being created anymore. It was just the shares that the employees had and that's what what could have been sold so alex, what do you think on this one? Yeah, I you know, listen, um, the team over there has obviously done a lot of hard work to get to where they are today To where they were when they did that direct listing. Um, even last week when we were covering it, uh, I direct listing I Mistated I I wasn't fully aware that there was no rule 144 when it came to direct listings. Um rule 144 is Is mandatory an IPO and that's typically where insiders have a certain restricted period before they can sell shares But I guess in the case of not being not diluting the share float. Um, that does not apply So they were able to sell uh right off the rip when this thing went public This Listen, they were the only ones selling against retailers. Everybody else was buying And had the equal opportunity chance to do so the float that they sell sold was their right to do so Um, and as far as that creating what I call the facebook effect, which is opposite of the coinbase effect And that's when a stock goes up and suddenly down on opening day. Um, you know, we have we have, uh You take a look at the broader market and we have a coinbase that has come up And this is just a little crying face of when I was doing the money on the position But you have coinbase which has come up since then But you also look at its peers and those four those four charts are all equity stocks that have bitcoin exposure They all found found the same pattern. Okay. No one was no one was immune To the night before's TD sell nine that brought the market down But as far as the coinbase uh team sharing guess what think of it like this You don't have much more of that to worry about if you decide to buy it Yeah, that's a good point actually so yeah, so that's one of those articles where I'm like I just need a little bit more input from it and No one's trying to spend spread bud But I think if we don't talk about these articles and flesh it out Then it just becomes underground and then people, uh, you know They might go with it. So I want to bring it out in the open as much as possible discuss it and then get the right information I think that's the best options. I think And then go ahead Al. I want to share one entertaining thing. I want you this is where I want you to talk about it All right If you the old question if you invested $1,000 Yeah, five coins five years ago and here are the coins right here Which one of those would you have realistically, uh invest in and Well, okay. Oh, I'm okay. So five years ago. I have a thousand bucks right to invest in whatever I want to Okay, so When I first got into crypto, uh, I was a big Uh bitcoin and xrp Big big big big big right if you like it's a bankers coin.  I probably would have put 500 of bitcoin 400 xrp and like 100 but if if I had to go all one in on one thing I probably Back then I was pretty much a gambler. I would have done I would have done xrp. I would have done xrp I know really yes. I would have okay. All right interesting. Well, I mean, it's no surprise here doge coin would have topped that list at 1.03 million dollars in return over five years But then again if if that article come out about two weeks ago that would have been a different number Hey, hey throw that throw that those numbers up again.  I mean obviously the poor loser in that in that category Yeah, so ethereum would have been so a thousand bucks would have been a quarter of a million two seventy two hundred seventy three thousand Bitcoin would have only been a hundred forty eight thousand but Sustainable and nice and untradictory light coin 87.  Yeah, that's it dodge doge 1.03. Okay so It's amazing right cool to first of all if you chose dogecoin put it in the comment section right now that you knew at the whole time Baby, you're like, you know what it's going to ruin. I know exact the technicals are sound the team is fantastic Partnerships are out of the chain out of the roof. Tell me tell us how we miss dogecoin. I just missed it Oh, and then before I go on because I want to talk about a great quote Which I think is going to sum up the whole thing about investments and either that I want to share this with you which was Well, that was my quote, but trade the chain So I am the king of the shills. We all know that right, but this really does make sense the last four days I start every video on I say the same thing Well, digital asset news or the news go to the market right talk about the the stories and I go to the markets Every single time we have gone over trade the chain. I'm going to go to coins right now It might be a little bit different. Yeah We were we had a massive run up this right Alex, right? I mean the last four or five days. It was a pretty big I mean, we I think we had like a hundred billion dollars into the market cap. However Every single time we'd come here the sentiment hourly and daily It was all bearish at least the top 20 and you can go back and take a look at at those videos Now it's a little different because we've already had the dip and people have been in here for a long enough time No What goes down will come up just like the weather in houston So Now I I just want to say like this when people are asking me like rob. That doesn't make any sense We're going up to the moon. It's lambo time This is incorrect because the the sentiment isn't right and I was like no no People have been around for a long time because the where where we get the sentiment is This is trade the chain. They have their one of five different cryptocurrency companies has a direct api into twitter They pull all that data. They scrape the the webs. They scrape the exchanges other different listings the twitter accounts They're blog posts and then they give you a score from all this data and I'm like, look I think it's right. I think there's going to be a big problem coming up and sure is Sure as heck it is, you know, you could tease you could tease the folks and toggle that one hour projected sentiment to the To the top ones you trying to take my title.  I I got to watch out. Okay, so Whoa, big queen cash Oh danish is gonna love this. So everybody right now If you're looking to and this is not financial advice This is just some education purposes only our piece is only one small part of the piece For the whole pie of where you should get all your information But I will say this with 90% accuracy this middle number right here where it says 8.16 percent This is what they are projecting the next hour for bitcoin cash to go up. It is 11 45 a.m It is and everybody asked me. Why don't you ever know the date because I don't know the date I always forget too, man. It's the it's the 18th of april. Let's see how far bitcoin cash Goes up litecoin seven percent grin five percent mana Which is one that i'm seriously looking at into adding into my portfolio four and a half percent steam. Holy smokes three percent And compound cream finance singularity electronium and xrp Rob this I got to interrupt this before you switch because This has been what the case has looked like for the top of the coin screener page since the And just before the coinbase ipo and it was coins that are not Regularly seen up there like the bitcoin caches like the lite coins And the and before there was even ethereum classic which topped this chart for a whole day now Yeah, exactly. I was confused I was wondering what's going on and after we started looking through the data and kind of sharing nodes We we came to the conclusion. I could be completely wrong that this was because of all the new eyeballs That we're now looking at crypto and especially because of coinbase thing But they were looking at coins a relative They may not be familiar with but they had like bitcoin in the name or they had ethereum in the name And things like that. So we we usually don't see these coins at the top at all ever. Yeah Yeah, well it makes now now it's starting to make sense. I got you and then hey real quick. Let me I'm going to jump back to I'm going to toggle this One thing I'd like to note though is that so the daily sentiment in the last four or five days it was bearish Now because of this dip were neutral To some bullish to very bullish depending on the hour and then a little bit bearish. It's it's a mixed bag I'm more hopeful now Moving forward because we have this correction like they talk about corrections are healthy healthy but I will say this it was a nice It was nice to get rattled and it sounds weird But it was nice to get rattled a little bit because now when I think about these things I can go, okay I got rattled I took a look at exactly where I think the market is going I can take a look at the data. I can take a look at all the information I should actually know and really dig into and just make a better choice from here Do I think that the market's going to go from two trillion to five trillion tomorrow? No, maybe no, I'm just kidding. It's not good But I I will say That's these corrections. I think are still healthy. When is the bull run going to end? I have no idea and that is why it's important to Have an exit strategy at some point, you know Things will not go up forever And you have to protect yourself and make sure you do the things that are the best thing for you and your family Which leads me to like one of my last points and like when I give it to alex I've been talking so much. This is a great quote CJ always says this I always sell too soon Or when asked how I made his fortune Rothschild said this Rothschild I never invest at the bottom And I always sell too soon And that is just The truth right if you think that you're going to time these markets Uh, you can get lucky and you can do it. I did it one time. It was amazing. I thought I was a genius But I was just lucky and that I think is where all the money is made You're never going to sell the top You're never going to buy at the bottom just getting with those ranges have your plan of action your idea strategy Whatever you think it is make sure that you contact your exchanges now If you're going to cash out make sure those limits are raised before you run into that problem Make sure that you don't have some wacky ass coin that that you got that you think that you're going to be able to swap on uniswap because when things go Crazy and wonky ever is getting out. You're not going to be able to swap on uniswap Just make sure you're protected and that's the spiel of the day Yeah, what do you think man? I think it's a good spiel. Yeah, listen things All things a hundred percent of the time rarely ever go is planned in crypto So, you know to to what you're saying if you're playing with money that you may need next week in real life Plan for it plan for getting it out if you are Looking to get into a trade Make sure you have dry powder wherever you're going to go trade, you know Don't suddenly try to set it up on the day of you know be prepared and be prepared for those losses and those big wins so No, it's smart move you always give sound advice and that's why I like watching your channel up Speaking of which if you want some insider type of information So that's why I watch alex check him out at the alex messioli show. He is Let me show you something. Let me show you something. I'll show you. Let me share my screen Let me sound like a circus the alex messioli show Welcome everybody boys and girls of all ages So if you if you scroll down, oh, here's all the people I watch actually and Of course, you know past the the monstrous amount of showing that I do and all my links you will see My channel recommendations Alex is the first one. Uh, I never miss. I try never miss a show Sometimes I miss one or two But I mean this is he is the guy and it always boggles my mind where I'm like When I met alex, he had like 600 subscribers.  So I'm like, why don't we just listen to him? So check out our show alex messioli on top of that alex becker. Oh if you want Oh my god, I hold on I heard you playing waiting for I've watched your video waiting for simon you And I think it was that this alex becker gentleman you were listening to I was laughing right along with you So if you want a dose of reality He was one of the ones where he was actually very serious today. He's like, I don't think the you know the mark whatever else It's good to get a different opinion. So you don't aren't living on hopeium, right? You have to get his opinions to make sure you make the right decision. So these two guys coin bureau hashoshi Mikey investor. This was the guy who Turn me on to uh btc on along with my friend George and uh, he finds a lot of little cap gems Crazy for cryptos. That's Dave crypto nobles in the bitcoin family. That's from diddy who Did the exact opposite of what i'm always talking about that guy did go all in early 2017 He sold his house his cars his kidneys and he just bought And uh, that's it so Check out those guys and that's the big thing. Hey, do you want to do how about this alex? Have you got time today? Yeah? Well, how about this let's do a follow-up to what's going on in the market And see how it goes on later and if we get any more information out there, and then we'll do like a live stream over on your show Yeah, that sounds good. What i'm going to do is uh, i'm actually going to screenshot um that one hour projected range And sentiment dashboard now And then we'll see what it looks like later Yeah, so people can either call us geniuses or liars or shills Most people just call us shills, but who knows? Hey Look look man When we talk about like I only try to talk about the best products that can possibly find the best in people and it works itself out, right? I'm just going to say listen. This is a paid promotion by bitcoin bitcoin Pay doesn't say that bitcoin's going to do really well and you should hold on to your bitcoin Satoshi Nakamoto called me personally And she said Listen rob i need you to talk about my bitcoin a little bit more because it's going down I'm like, you know what ma'am? That's fine. I will do that. Don't you worry and then she goes thanks and I said I'll see you in Ohio. That's where's coach Nakamoto. I know this is first before we go Let me ask you this question rob. What is the single most thing? most uh important worrisome thing With regards to crypto that is on your mind today Yesterday tomorrow, this is what I've been thinking about Let me I'll let me sure I'll show you what concerns me So, you know how we know these four year cycles? you know 12 13 or 15 you got a half an all-time I did And hopefully the next one this is what concerns me with these with these charts everybody talks about these charts And the one thing that concerns me is that So do all the whales and so do all the manipulators and so do all the people that have a lot into crypto So in my opinion, and this is just what that thing that concerns me is that everybody's talking about how The bull run is going to end in October november december jenny with february some around there Maybe you just get a bunch of manipulators and whales and things like that and they just start either putting out flood stories Or they start selling off like crazy because they go, you know what we're going to do a preemptive strike And just tank it and then before you know it You don't really have this this bull run.   You don't understand it's going to stabilize because of all these institutions that are there Look, that could be true for maybe bitcoin But if everything starts to crash like crazy, I think they will sell at some point So this is why i'm always talking about the you know a ladder exit strategy Just start to you know get out a little bit as time goes on instead of going, you know what? I'm gonna hit the top baby. I know what it is That's one of those things that that concerns me at some point, but then I think You know what?   Do you I love the fact that you just got a super chat from a guy named dog ish doge. That's awesome I gotta make sure I check these out. Okay Dog ish doge. Thank you much. Okay your your question will be answered for that right after mine. Hold on So the uh, so let me ask you this is greek gonna set in with you Are you going to try and wait because of greed to the last possible moment to sell or exit your portfolio for maximum value? and and possibly wait too long Or are you going to exit in stages prior to and maybe maybe sit back and be like listen I didn't get the top but i'm okay so great question and even as Like we're all fallible humans right all people we're there. There is no perfection out there. It just doesn't happen So like even with the exit strategies that that I put forward even the price predictions that I have As I see the market go up. I'm like I can wait I can wait I can wait and I even did a video about this I think it was a couple months ago where I said i'm having a hard time cashing out And then I did that and it was kind of like a soul-searching thing and then I realized like Hey, if I don't do the things that I say i'm going to do that.  Here's the the exit strategy You know, I want to get out 50 of bitcoin 80 of alts Because I think the crash is coming and I was like I need you to take a look at this I'm usually to keep me keep me straight and she goes. I'll keep you straight And that was it and then so Huh, I know that first hand I mean dude, that's If it wasn't for her Jesus Christ almighty, that's all I'll tell you but uh, yeah good thing So I I'm gonna ask you the same question Alex because I know when we were in Puerto Rico and we were playing those those craft stables. Oh, yeah Alex He knows what he's doing. So same thing with you because I know you were talking about that you're you're getting out What's the percentage? What's the time frame? What's the strategy? Yes, absolutely. I mean I we did a episode. I I think that time my time will run out end of november into december I know a lot of people are speculating january february.  Okay, so So when it comes to say you need some money question Do you sell one asset that you think is going to either Underperform or say stagnant or do you equally sell off? parts of the portfolio across the board to equal that some Question for me. I'll tell you this Here's what I got. So this actually came to realization when I was in Puerto Rico. Let me share something Let me share my screen. Let me share my screen Doggish doge, we're gonna get to your to your question a bit underneath here There is a link to celsius And here's my example when I was in Puerto Rico We were looking at condos and we wanted to buy this condo as an investment property And remember what alex? What alex just said is true when I am When I am crypto heavy and I am fiat poor this came to a head at this point because I was we were trying to get this condo I should have some more pictures of it We're trying to get this condo and there were so many bids on it That's we're like, you know what we'll trump everybody because we don't want to go to the banks We're just going to offer cash and all of a sudden Just like this and it always happens when you offer cash people are like Let's do it because I don't want to wait three months for you to get approved for the bank Especially in Puerto Rico to get this one and now they can use that cash and buy whatever else they want Here's the problem. Didn't have any cash I had I had some cash in my business accounts, which was enough to pay for my portion, but I was still short So what do I do? So I have an option right here to take a huge capital gains tax and sell a couple of bitcoin Get that cash transfer it over because it's the only market that's 24 seven liquid, right?  They're great. So what did I have to do? I had to go to sell CS and I said Look, I need a loan They go, what do you want to do? I said, well, I need x amount And I'll just tell you like they said look look if you need 5,100,000 Give us If you want to do 50,000 you got to give us two bitcoin right now But you're going to get the percentage to me 8% I was like, yeah, that sucks They okay. Well, if you don't want to do that then give us three bitcoin and it'll be like 5% I was like, five percent. I don't know. Okay. We'll give us four bitcoin and it'll be one percent What? Yeah, four to one collateral collateral four to one and I said, okay, it's one percent, right? I go, how long it's gonna take because I need to get this thing done now They go, it'll be done within 24 hours.  Everything was good Came back to the states got the money that I needed because the bank wouldn't release it And then off we go So that was it. I mean, sorry. No, no, let me rephrase that It wasn't that the banks didn't release it because once once they put the once I collateralized and the money from Celsius it went right to my bank usa And then from there usa. It was great. They said within an hour you'll have and they did the wire transfer It was like 20 bucks and all the funds were in the Puerto Rico account that was it Interesting and so now you get to Now this is interesting. So you are paying one percent. Yes, so it's basically free money And you're you've locked up. Let's call the hypothetical for bitcoin with Celsius Which is what you would have done anyway. It would just been locked up somewhere else, you know but So nothing in your life has changed except you got 50,000. You're not planning on selling that bitcoin tomorrow or the next day Nothing in your life has changed except you got free money for a little bit to do your stuff Yeah, but and and here's the thing though Some people some people will say like my wife is like wait, what if it goes at 150,000? So do you owe? You know $600,000 And I go that's that that's the beauty. I pay it back and then they give me back my my slow bitcoin but here's the other thing If you want to admit it if you want to minimize risk Let's just say I don't really want to leave the bitcoin over there So here's what we're going to probably end up doing is that as time goes on I'm going to pay off that loan earlier as as fast as I possibly can get that bitcoin back That now I can have it and I can put it back on my ledger or the other option is to do this I don't like using my own money ever. I like using other people's money. That's the fast. That's the whole secret So what I will probably do is We're going to go through the whole process of giving a loan And just say because the loans are are so cheap right now And just say hey, I need x amount of dollars. They give me the dollars And I put it right back and I get my bitcoin back There's different options that you can do if you don't want to if you want to minimize the risk And that's up to you what you want to do and then what's great about this property is that it's not a liability Is because it's already been being rented on Airbnb and it's and it's chock full because it's in Puerto Rico So that was a thing. So I'm actually making money just by you know doing that Not to mention that you don't have to worry about liquidation At four to one. I mean that's that would be the end of the world basically So, so yeah, that's a good point because the liquidation I looked at the at the paperwork I would only get liquidated if bitcoin goes to $18,000 Well, I mean Ryan Gorman thinks it has a chance, but I'm just joking. I don't know what ryan thinks ryan I gotta tell you though that that that kid's got some great head of hair Doesn't last question because I know I know doge doge man in the chat is waiting for his question Sorry, man. Yeah, last part though for people who can't do this because I just realized as you were saying that Not everybody's like you rock. Not everybody's responsible. Not everybody You know is able to get a loan from Celsius So back to my original question. All right, you needed that $50,000 Would you liquidate an underperforming or stagnant asset or would you equalize that 50 grand by selling off the whole portfolio? That's a tough one. So yeah, that's really tough. So There was this I did this video where it was it was an old show called amazing stories And it was it was it was this thing where like it was a stupidest thing. It was it was on the 80s It it started mark hamill from star wars and Yeah, so you know what i'm gonna say So like this stupid elf thing comes in there and says hold on to all your treasures Or all your trinkets because i'm with treasure and he's talking to a kid Which I was like it's a weird thing to talk to a kid about so this kid, which is mark hamill He holds on to all his baseball cards all his comic books all everything But he doesn't do anything else with him, right? He just holds on until he's like It's like super old like 70 or 80 years old and then he's just like this hobo bum Just coming around and this lady kind of finds him says. Oh, I really like this this jar It's really important.  So here's the thing. I'm like if it's me and I have some under Underperforming assets that are like really not going anywhere. I'm gonna sell those off And I'm just gonna take those and go okay. I gotta take a look at my entire portfolio, right? Which ones I think are gonna go do really well, which ones I think are gonna do Yeah, they're pretty risky and then like which one like the super risky ones where like I got it like just some money over there that The chance them doing a well aren't too good. I'm gonna sell those risky ones off because just like in that in that That piece I was talking about What he should have done just sell that stuff off in the beginning and then just you know get it or Just get some other type of asset. So me I would have sold those things off and like let's do this Especially especially if it's like this for property if I'm like if I got a great property and First of all property is great because you know You can do short-term long-term rentals and then the tax break that you get as far as like the depreciation factor You can depreciate your property 20 percent over. Uh, no It's uh, it's it's over 20 years the entire cost so you can get your tax breaks I would do that. That's just me but other people like nope. I'm selling my bitcoin I'm going out but just remember once you sell Once you sell your bitcoin or once you put it into a stablecoin or once you buy goods and services with your crypto That's a taxable event So you got to be prepared and depending where you're at can be a massive unless you move to puerto rica Yeah, that's sure, which will be our next video me and alex when we do the puerto rica move video and we'll tell everybody about it I'm gonna have um Well, probably you'll be good me you I'm gonna have my the real estate agent. I'm gonna try to get She-han the crypto cpa and then also Geo the guy from lucas to be on as a as a route panel and then give everybody the information Yeah, let me tell you the real estate agent. She she's cracked. I like her Yeah, I'll say I told you. Okay. So alex had that whole question that you just asked me What would you do? um I'm my first initial thought was uh, what you what you answered Which is sell-off underperforming or stagnant assets based on what your belief on the other assets going up Rather than equalize it across the whole portfolio I don't like that. I Yeah, I'm down with that. All right. Well, everybody that's all we got for today So just she'll just as a recap Uh, there's a ton of liquidations that just happened 10 billion dollars and that was a ton. Oh, hold on before we stop We gotta ask we gotta answer doge doge and and yet crypto hunky over there With the super chat too I gotta ask that one too. Sorry. So Duggish doge says your thoughts on elongate token only three weeks old and already working in talks with Kimball kimball musk Elon's brother They just gave away a Tesla. Huh? Huh? Elon is so what was the name of the coin? Elon gate token I that's all you did Working with elan's brother. I I don't know how to even reply to that Well, let me just tell you this If if elan can pump doge coin by just talking about it a little bit And now you got elan's brother. How much you think elan's elan's brother like hey Hey, man, can you just tweet out elan gate? I was If this was pre pre doge coin, I would have said that's that's that's that's ridiculous But in these days, who knows? I might even actually take a stab at that. We should do a we should do a review And then crypto crypto hunky says of 20% apy unstable coin Yes, which Where where do you get 20% apy unstable coins? I don't know. I think actually isn't Celsius the highest on stable coins, but it's in the teens. It's not 20% Right, I think it's like 12 13% Socials got some good stuff. Okay. And then what was I? Whoa a lcx. Is that the alex token? Yeah, the alex token is that middle coin. I think self paying loans and 220 apy What what but but jason feller super chat Jason feller interesting self paying loans. Huh interesting now that Strikes we should you know what we should do. Hey, here's what we'll do alex when we do your live stream tonight if we got time. Let's take a look at a lcx Let me write this down. I'm gonna write this down Perfect show us your coins A lcx and elongate Elon gate he long Gates if you super chat rob With a with a coin we will look at it tonight. We will look at it. Yeah for sure And then so people who just came in just like like a little recap Uh, the things that we talked about today Let me just do this so I can uh crypto.com had a 20% apy is what someone just said damn crypto.com, I mean those guys Some people love them. Some people hate them, but if you are the ones that love crypto.com you love crypto.com They always talk about that. You know, it's funny. Uh, when we were down in Puerto Rico I saw louis lucas, uh, you know, we were I don't know out of a bar or something. I saw lucas pay for uh The bill once with a crypto.com card. So it works good. We're using it You know what? Uh Hold on. Let me let me just do the recap and I was gonna talk about uh funds So the thing that we talked about there was a massive liquidations. You're looking at $10 billion Roughly in 24 hours, which will lead to a cascade effect and then people once they get liquidated because of the their overexposure they're doing, um Leverage trading then it just it just starts to sell off and everybody else is like what's going on Then they start selling off and then it's the self-proclaimed prophecy. That's part of the reason also me and alex talked about Uh, there was a potential us treasury crackdown on money laundering Which is just a rumor and is unsubstantiated alex said that doesn't make any sense because of the kyc and aml So once this rumor gets fleshed out, then we'll see but right now it's unsubstantiated And then also there was a blackout in china, which was actually two days ago So there's a blackout in china, which affected the hash rate power of uh, Bitcoin mining and then uh, there was this little piece that we Pretty much debunked talked about how The coinbase ipo how much they sold but in reality it was 1.5% so That's what we got and then we just went over the four-year cycles and that was the big thing and then uh Lastly we talked about One of the best thing i've heard so far is uh, this is from Nathan ross child I never invest the bottom and I always sell too soon so just remember you'll never time the tops Make sure you have some kind of strategy. Make sure to contact your exchanges Make sure you get those limits extended so you can Move transfer cash out as much as you want to and just make sure that you don't have a lot of crazy Wacking coins because you're not going to be able to swap out a unit swap when when uh, things go sideways And you want to get out fast. That's the big thing. Let me just say something with regards to this thing You actually looked at a pwc uk Blog in their pensions filing I like that. That's that's I don't think I could have found that. Yeah, see I have I don't do much I'm trying to recover from last night. So I had a lot of time to do Here we have another super chat safe moon. So i'm writing these down. I swear to god You guys throw up a uh super chat here. That means you're not a spammer And uh, we'll take a look at your coins Safe moon. There was something else. There was a one called zero. There was a zero exchange Yes, and that was one with with zero fees. There's also one called orion Which is also they do central exchanges the centralized exchanges and the and the rates are low as well We should take a look at those two What it's zero and orion orion And this is not financial advice This is just stuff that I had been picking up and looking at and I was going to do a video on it later So don't go out there and buy it because it's another one marsh Another super chat Well, I like that marsh SH remember we got a lot of stuff to do alex Yeah, we may have to end this live streamer We're going to be doing analysis for all evening Exactly. Let's uh, let's uh, let's get out of here. I got to do some I got to do some things But every how guys so just remember, uh, it's the same thing Don't get too high and hope you take a look at all the information and then Go from there make the best decision. Hold on. Let me let me make an announcement rob. Guys. No more super chats I'm going to take these last two super chats and that's it Okay, rob and alex is it too late to start with uh, what would you buy?  Oh, that's a lot of money. First of all, I did a video about a week ago Where what I would do with you know, if you had like 25 bucks to 50 bucks To start investing in like if you had like 25 bucks for like a week or a month Uh, I just talked about you know, dollar cost averaging versus value cost and everything else because some people Don't have a boatload of money, right? So when people are throwing out numbers like I got 5 000 or 20 000 or 100 000 That's crazy for some people But that's nothing for other people. So watch the other video where I talk about 25 to 50 bucks because in my opinion Cryptocurrency and digital assets are probably the best place to invest as opposed to the usual market. So as far as like 20k, what would I do? Let me just tell you like this Hold on I need to I should probably share my screen so I don't know the heck I'm talking about All right, no more super chats everybody. Thank you so much. We appreciate it So the question is if I had 20 000, what would I do? So if we look at the the four year cycles, which again They could repeat but it doesn't it's not necessarily set in stone. Here's 2012 and 2015 2016 2019 and then this is the current one. I believe strongly That we are right here Right where that number two is right above there. That's around april of the last Cycles that we had when it's just starting to take off So for me personally and this is and I'm telling you I'm going to say this twice This is not financial advice. This is not financial advice if you do what I say That's not good information Because you should get your information from multiple multiple places and make the best decision for you and your family having said all that twice This is what I would do if I had 20 000 dollars. First of all, I would probably and I I I'm gonna just go on a limb here. I would not dollar cost average Which is what I'm always talking about because right now is where everything should pretty much take off You're not gonna have enough runway, right? Yeah, you're not gonna have a runway and I wouldn't I would either go all in Right Right, this is actually a pretty good time to do it honestly because we just saw a huge dip Or if I want to be safe, which is pretty much me I would probably value cost average in in three price points And I could do it today Maybe in five or seven days from now, then maybe another another 10 days Or maybe even two, but let's just say I went all in if I went all in for 20k I will just say this If you're gonna invest in bitcoin just know that you on this bull run you really can't go up too much The market cap is way too high. So we're looking at one point. What is it? $1.1 trillion for a market cap, which is roughly, you know, a little bit a half what's going on You can only go up Maybe two x maybe three. So I would probably put Honestly between five and seven thousand dollars in a bitcoin I would put I would spread out the other money between the smart contract wars which are going on which I believe is ethereum Which I think is cardano, which I think is avalanche and maybe even a tasos Something else like that because I believe that smart contract is going to be very huge And I would take that one. I'd also put it on voyager I know people are pretty ticked off right now But I believe it's still going to be a great buy because of the the tokenomics because of the The loyalty program that's going to be pushed out over the next what two three four weeks So I would definitely do that one and then uh swissborg because I think that they are the european voyager And it's another one. I would definitely do Anyhow, I would spread it spread it across those and I would just say bitcoin's the safest And everything over there is about medium Probably medium risk and that would be it and frida they answer your frida frida if they answer your question If I had to choose one of the three that were in your first one I would say zcash not financial advice, but zcash grin or I forget the third one already Steam I like zcash the best zcash for privacy. Yeah Zcash was actually even even turned on by the gemini the winkel by yeah They turned that on and then you can actually do privacy transactions Which is which which was actually approved by new york, which is crazy, right? They don't approve jack Okay, don't they don't approve me of being on your show right now. I don't Yeah, I'm waiting for a summons. So we'll see how that works out All right, are we good to go I think we are sir. I got I wrote down all the tickers and we'll go over them this evening All right. Thanks everybody for stopping by appreciate it and we will see you on the next one And I think I need


People have looked at my pieces and they're like, that's cool, and then they have this face where they go, is that it?  So there's kind of like this extra layer of people's appreciation, I guess. Like a secret bonus, I don't know. My name is Kierli and I'm an artist. I use lyrics or quotes or writings to create portraits in the pornoism format, instead of using dots, I use the letters. I guess I'm gonna just call it like a portrait artist, I don't really know. I'm an artist, I don't know, I'm an artist, the end. As an only child, my mom was not a fan of me watching television, so I was like the kid that wasn't really allowed to watch TV but was constantly given like coloring books and art supplies, and because I had no siblings, I just colored all day, so I just always loved art. I went to art school and when I was in art history, I didn't have like a professor that was very entertaining, so we would have to take notes and at the end of the class turn your notes in, and I started to doodle my notes and create different patterns, so that makes me a sense. And it just kind of evolved from that, and then I would turn in like flowers and turn in like animals and they were all notes, and my professor probably thought I was a lunatic, but they kind of just sprung from that. I actually usually work in very large scale pieces, my biggest being six by eight feet, but when I work, I will sketch out the subjects, sometimes I will start by spray painting the actual canvas and then see like what I feel like fits onto that, it just kind of depends on my mood. So depending on which stage I start at, I will finish the spray, resin it, go back to my sketch, blow it up to whatever size I need, transfer it over, and then it usually takes anywhere from a day to a week to do the actual finalism, and I freehand all of it, so the only sketching I do is just the outline of the subject and then everything else I just freehand. And then I resin it again, and then that's it, and then you get one of these. And then somewhere in there is my signature hidden. The way I choose my words is if I'm doing like a large scale piece, like an album, if it's a certain album I'm doing, or sometimes I can fit all of them, like my Mac Jagger piece, which is eight feet high, I can fit 99% of the Rolling Stones lyrics in it, which is pretty awesome. And so it just kind of depends, it's hard when I have to choose because sometimes there's not enough canvas space for as many lyrics as I want to include, so it just depends.  But I kind of can gain a feel once I start how much I can fit, so I'll either like just focus on the chorus of the song, or just focus on a couple of the lines that I really admire. I have my moments where I'm like, damn it, I can't fit all of it. Okay, I'll just add a little more right here, or write a little smaller. If I'm doing a musician, I always listen to his music, kind of just set the tone. I have to be really careful what I listen to because I've caught myself doing the Beatles and I'll start doing the song that I'm listening to and I'm like, shit, well it's still the Beatles, so that's okay. The most difficult part is the major hand cramping that happens. Sometimes I'm writing for like six hours straight and my hand will stop working. I'm going to have the most massive carpal tunnel when I get older. The hardest thing for me is this. If I could just like not show my face and just like hide and just like push art out and see people like it, I'd be completely happy when I can't do that. So I started to show my friends a little bit like, do you think this is cool? Like, does this suck? And they're like, that's really cool, who did that? I'm like, I did, is it like bad? Now I'm okay with it, but I still have moments of insecurity.  There you go, take it or leave it. Like I feel like every person has an urge to do something creative. I feel like it's like part of being just a balanced person. I feel like it keeps people happy, it keeps people feeling like they accomplished something.  Like I made that and it's ugly, but I made that. I feel like it's just like helping for the soul. I think that everyone should create. Like even if you want to be an artist, you should just create. If you have an urge to create, you should create. I feel like anyone that just loves what they do, it comes off in their work. I feel like you can tell if something's forced or you can tell if that person just loves to do that. So just keep doing it. If you have to get a job to support it, just do it. At least you're trying, at least you're making an effort, at least you're getting that want to create. Ow, I don't think you should store it, I don't think you should stop creating.  I feel rewarded. I worry that I'm going to have to learn to use my left hand wider in life. But I do, I love it. I wouldn't trade it for anything.


INEC has made it clear that a total of 1,955,657 registered voters will participate in the July 16 OSHO governorship election. Mr. Festos Okoye, INEC National Commissioner and Chairman of Information and Voter Education, said this at a roundtable media executive's dialogue on Friday in Oshobo. Okoye said that 15 political parties would participate in the election in all the 30 local government areas of the state. He however urged media executives in the state to ensure credible and fair reportage during the governorship election.


Ahmed Lawan out, Aqabi'u and Umahi in as INEC releases final lists for national elections. And Nigerians may shock political class in 2023, says Abbasaki. This is Plus Politics, I am Mary Anacol. The Independent National Electoral Commission, INEC, released the final list of Presidential and National Assembly candidates of all the political parties contesting next year's general election. Unfortunately, the President of the Senate, Dr. Ahmed Lawan, whose nomination for Yobay North was being challenged by another member of his party, the All Progressive Congress APC, Bashir Sharif Machina, who did not make the list. However, the controversial nominations of a Boeing State Governor, Dave Umahi, and a former governor of Aqabi'u State, Gotswil Aqabi'u have been accepted by the Electoral Commission's citing court orders. In a statement, the INEC National Commissioner in charge of publicity and the chairman of voter education, Faisal Zakoyi, said the publication of the full names and addresses of all nominated candidates followed a political party's conduct to primaries and completion of the nomination exercise. Joining us to break this down is Gideo Logo. He's a legal practitioner and a political analyst. Thank you so much, gentlemen, for joining us. My pleasure. Great.  Many would wonder why the Senate President had a different case or situation as opposed to the governor of Aqabi'u State and Governor Dave Umahi, who all one would lump in the same plate, saying that these two people, or these three men, picked two nomination forms for different roles or different offices, and two out of the three were able to secure the nominations for those offices as opposed to the Senate President. Joining us, how court orders worked in favor of Umahi and Aqabi'u, but not in the case of the Senate President. David Umahi got an expert state order that he should be listed, and the former governor of Aqabi'u State said to Aqabi'u also got the announcement of the court that he should be listed. But interestingly, that was not the case with the Senate President Ahmad Lawa. Though the matter is still in court, and for now, Aqabi'u should move forward. And even the case of Umahi, David Umahi, the matter is still in the court of appeal, but the Aqabi'u had to follow an expert state order given by the federal high court. So we are still watching and waiting to see how it will all go. But as it is now in U.B. State, particularly U.B. South, there is no candidate for APC to represent them in the National Assembly, particularly the Senatorial seat between the two contenders, and that is a big lesson we need to learn from. And the other contender contending with Ahmad Lawa, his position is that at the time the primaries took place, Ahmad Lawa was contesting for the President's at the primary level, which he lost, and an argument came up that there was a subsequent primary where Ahmad Lawa won. And then right now, Aynek is saying none of them will be recognized. As I said earlier, let's watch and see how it will all go. It's super interesting. Thank you, Candi. Yeah. Yeah. I'm so sorry to talk over you. Again, let's look at the legalities around what has happened, what has transpired across the country in terms of one person picking two different tickets for two different offices. The Senate President is a clear example, Aqabi'u, of course, the governor across the state and several others. What does the Electoral Act have to say about this, because, I mean, it looks more like it's for the want of a better way to describe it in a kalu kalu way of looking for votes or trying to get an office or hold on to a ticket. The Electoral Act found at it both the candidates will tell you they did not pick the nomination. In the case of Governor Ayadeh of the country of the state, there was another primary where he clearly, reportedly won. So he may not claim that he has two nominations. And in the case of Aqabi'u also, recall that he had to step down and they know how to play these, these politics. But the position of the law is that a party should present who the candidates to represent them is. And this time around, the FPC could not conclusively present the candidates in terms of Yubi south. And for now, even the state government is still on the basis of the expatriate order of the court. But the matter is still in the people of Aqabi'u. And I may not comment so much on it, let's see how it turns out with them. And of course, INEC is expected to respect the rule of law. When you look at INEC established under section 153 of the Nigerian constitutional amendment, the major assignment is to serve as an independent and effective election management body committed to the conduct of the fair and credible election for sustainable democracy in Nigeria. And they have set out what they expect from the parties to do. And the parties have conducted their primaries to down all the solutions those who need to do substitution. And the finalist has now been declared by INEC. But like I said, how final that list is, it's still to be determined by the self-dependent decisions of the higher courts as some of the matters are still in it. Let me come to you, Mr. Shoalmi. Let's talk about the politics of this all. As much as many would say that the 2023 elections is one of the ones to watch, it would be one of the most interesting elections that Nigeria has ever experienced. This is what was set for the 2015 elections. But then why do you think that these loopholes, I'd like to put them that way, these loopholes in the electoral act or in our laws, electoral laws have been so taken advantage of by politicians. Because again, even though the electoral act founds out what has happened and what has transpired, names of certain people have made it to INEC's final list. So again, what's the essence of the electoral act and how can we deter these kinds of actions because this is being done with reckless abandon? Yes, first and foremost, I must say that there is no loophole in relation to the electoral acts that deal, that frowns at two more than one nomination. You cannot contest for more than one office at a time. It's very clear and explicitly stated. What we see going on currently is not a loophole. We have politicians pushing the act to the courts, asking the courts to interpret it. In one instance, you have a situation where there are different requirements to be met before the results of the election can be accepted. One is INEC must supervise the convention or the primaries that produced the candidates. So what you've seen going on is that the political parties decide to rely on those who are playing the games, to rely on another court judgment, which says that I think is a political judgment, that it is only the political party that must inform INEC of who their own candidate is in the election. So that is what they're trying to exploit, whether supervised or not supervised by INEC. They claim that we've had another primaries and they're having a new person, not supervised by INEC. So what you see is still the same political games. It's quite an opportunity that we find ourselves in this situation because nobody can deny that a Pabiu actually campaigned and contested for the primaries to be the person. He withdrew at the last minute, at the point when they were about to vote. That is why. In the case of the Umahi, he went to court. They caught all that INEC to accepting, likewise Pabiu. They went to court on expatriation, which I think the NJC has found out that the judges should not be hearing expatriation motion without all the parties being present. But he succeeded in getting the judge to allow him to contest the election. In the interim, pending the determination of this, so eventually, he might still have to do the things. Then in the case of the Senate president, he did not go to court, or at least the court has not made any pronouncements, compelling INEC to fill them. So currently, INEC is right to say, we're not going to fill them, even though the party is demanding. But INEC cannot put the other candidates that they supervise the Senate primaries, simply because they are not allowed to say the party, the political party, writes to inform INEC that this is a candidate. But INEC can refuse to recognize a candidate whose primary they did not witness, except they caught otherwise direct. So what you see going on is not a loophole in the law. It's politicians trying to flex the law, so get it to different judicial interpretation until it gets to the Supreme Court, where there will be a final judicial announcement. That is what is going on for it. Let me bring it because we're looking at the final list, and on that list, most political parties had, of course, submitted names of their candidates, but let's talk about presidential candidates here. As we speak, the ADC is at war within itself. We see a party divided against itself. We see the presidential candidate, Kachiku, who has been somewhat ousted, reportedly, by the chairman and the National Working Committee. And then we also see a presidential candidate who say, no, well, this particular chairman has been chairman of the party, or national chairman, for 17 years, and his tenor has expired, and so he has been asked to step down. So in a case such as this, what happens at the end of the day? Because the party is saying, well, at first they suspended him, and then, of course, now they're saying, we're removing you from the party because we think that you are a member of the PDP. In cases like that, the name of the candidate has already been submitted to INEC, but then the party is saying, we no longer recognize you as our presidential candidate. Well, what is clear is that in the case of ADC, what is very clear is that they have their own internal problems. One faction suspends some people, and the other faction also suspended some other people or expelled them from the party. Now, the problem is this, who's faction? Are you still there? I think we lost that connection with Mr. Jones. INEC convention will be recognized by INEC, and should that happen, should that be the case, then the other faction moves up. Well, in the case of the presidential candidate, INEC can no longer remove the person as said directed by the courts. So what you're likely going to see is he will stay on the ballot box without actually having, is what will not count towards the election. He will not be a candidate if not sponsored by a political party. But at this current point in time, we don't know what the reaction of the candidate can be. It would also claim that the party is factionalized, and the law recognizes that if the party is factionalized, it can still proceed and contest the election. Let me go back to Barista Gideologo. We're seeing almost a similar situation with the AAC, which Mahilesha Oure is the presidential candidate. We've also seen the party disown him outrightly, putting out statements and calling him names. These are all happening a few weeks to the kick off of campaigns, and one would think that at this point, political parties would be gearing up for their campaigns proper. I have also seen a bit of unrest within the NNPP with the movement of one of its strongmen to the APC. So again, what does this say about these smaller parties where one would have said, well, if we're moving, because some people say that Nigerians are tired of the known old parties and they're looking for something new? What does this say about that third force that Nigerians have been looking out for? One of the critical roles of INEG is to supervise the parties, but then what level of control has INEG over the big rings within the parties? And if you look at the vision statement of INEG, to be one of the best election management bodies in the world that meets the aspirations of Nigerian people. And when you talk about the values, you talk about autonomy and transparency, integrity, credibility, too, INEG is battling to display this value of impartiality dedication. And on the other side, expecting that it parties themselves. We organize themselves in a decent manner to help INEG achieve her own vision. Like in the case of Yubi now, what could INEG have done beyond what the party is able to present to them? And now INEG cannot be seen to be disobeying called others, whether it is an expatriate or, you know, so these are the issues that we have. Nigerians have been looking up to some of the political parties to rise up and give us vibrant opposition, but you find that within these parties also there are different kinds of big rings that is not giving them the solid platform to really engage for accountability in the management of the resource of the nation towards creating common world for common good. So these are some of the issues that we have. But even if these parties cannot pull themselves together, they cannot stop INEG from proceeding with high responsibilities. As we speak now, about 18 parties have been able to rule out presidential candidates and whether we like it or not. The INEG has a timetable to follow. And they are following this critically and trying to rely on the provisions of the Electoral Act. As of now, we have about 1,001 candidates buying for 1,009 senatorial seats, about 3,022 candidates for federal constitution, talking about the House of Representatives, making it 2,000 or 4,223 candidates contesting for 469 legislative positions. So this is not a small assignment for INEG. And that is why the parties also must help INEG in delivering on the expectations of being a frontline election management body. So these are some of the issues that we have now. And it also appears as if more are showing interest. And one of the headache that goes beyond INEG, even back to the people now, is why some politicians are desperate to hold on to office. They move from one office to another. You compare that with what happened in the UK recently where the prime minister had to resign because the parliamentarians were resigning. But here it's difficult for politicians to step aside for others to come and have a taste of office. So these are issues that are very serious as it is now. And INEG has the responsibility to ensure that the best of candidates show up on the stage eventually. But that also depends on the candidates that are presented by the parties. So by and large, the parties have a very huge role to play in helping INEG as an independence body. For it appears that that independence needs a lot of effort for projecting by INEG.  Let's talk about the people now, the voting public. All of these somewhat teething problems or even problems that have become unbearable or have broken some of these smaller political parties into halves. What's the rippling effects on the voting public? Like I said earlier on, many have decided that they were going to look for alternatives, I beg your pardon, in terms of voting, moving away from the known political parties, the, in quotes, big political parties. And we've seen, heard all kinds of allegations ranging from bribing, non-internal democracies, et cetera, et cetera. Why does this leave the average voter, again, like I asked the first time? I mean, we see the third-force movement in the Labour Party, which has somewhat cost this to be a three-horse race. But for those who, at the end of the day, might have been followers of some of these other political parties, where does this leave them? And the rippling effect of all of these insincerities within these other smaller political parties that one would have had some hope in? Yes, what you see is those who are advocating that those who are actually stating that they are fed up with the current two, more or less two political parties' domination of the political space are employing the wrong tactics. I don't think what they're trying to do is going to work. I will tell you why. One, I feel that it's a big error on their part not to think of setting up their own political party. All the political parties in existence currently were set up by people who may not necessarily share their viewpoints. And that is why you see the crisis working some of these new political parties, but not the less popular political parties, where you have candidates springing up here and there. Apart from the Labour Party, which in itself had its own crisis when Peter Albi joined it. You remember that I still don't know whether it's still challenging. There's a case in court on the issue of chairman chief of Labour Party, which was filed by somebody from the East. In court, I don't know whether they resolved that. That particular part seems to have gone cold. We've not really heard anything from that person. So whether the case is on or not, we don't know now. Nobody has said the case has been thrown out or resolved one way or the other. What you see is not strange, because those who create those parties will not allow some other people to come in and hijack them. They will probably get those who control those political parties to create sufficient crises in a way that they're not threatening the dominant political party in any form. That is why I said, I think there was a tactical error. It's a tactical error to say you're going to go into a party formed by someone else, but not formed by people of like minds. If it's a case of the youth wanting power, I think the youth can form a party with people of like minds rather than saying, we're going to move into one of these parties sponsored by top politicians in existing dominant political parties. So this is the major problem. And that is why you see the crisis going on within all these smaller parties in the country, running off to the election. And unfortunately and regrettably, many of the candidates are very solid, good candidates. You know, Kachiku, they are all solid candidates, but they have to contain, you know, with these crises and that will affect their performance and it doesn't play well with the vote in public. And this is quite unfortunate. And some people, you know, have this erroneous impression that you see what we're saying, even these youths cannot manage themselves. Is it all the other members of the party youths? They are not. These are older people, experienced politicians that actually set up those political parties. And some people are holding, you know, they are placeholders in the executive council of those parties for them. So for anybody to move in, without setting up your own party with people of like minds, I think this is a big mistake. It is not going to work currently. And it doesn't speak well with this voting public. The impression they have is oh, they can't organize themselves, they are in crises, they are fighting each other, which is not the case. Okay. Well, I guess the exciting times ahead for us, especially with 2023, I want to say thank you. Gideologo is a legal practitioner. Viodochome is a political analyst. Thank you so much, gentlemen, as we look forward to 2023. It might be a finger-biting moment, but we'll look forward to it. Well, thank you for staying with us. We'll take a short break. And when we return, we'll be discussing the 2023 elections, the predictions, surprises, and probable outcomes in just a moment.