What's going on Infinite Fam? Welcome back to another video. If you guys are new to the channel, make sure you guys hit that subscribe button, turn on your post notification bell, leave a positive comment down below for a chance to get a what? For a chance to get a shout out in the next video. That is right guys, so as you guys can tell by the title and thumbnail of the video, today we're gonna be switching it up a bit, doing something we've never done before. Today we're going to be doing a food challenge, which I'm super excited for. You wanna tell them what we're doing? Guys, we are gonna be doing McDonald's versus Chick-fil-A. This is gonna be extremely hard because I am a huge fan of both. Janice, on the other hand, is a fan of Chick-fil-A more, I think. There are certain things that I like more for McDonald's though, so... I never thought I'd hear you say those words, but you guys already know what's about to go down, so let's get into it.  We have the fries underneath, Chick-fil-A fries and McDonald's fries.  So we're gonna do this each time instead. I know a lot of people just choose it once and then they eat that throughout the whole challenge, but that's not important. We're gonna mix it up. So here we go. Ready? Rock, paper, scissors, shoot. Rock, paper, scissors, shoot. Rock, paper, scissors, shoot. Rock, paper, scissors, shoot. Rock, paper, scissors, shoot. All that for me to lose.  All right, ready? All right, so now I cover my life and you will take it, right? Go ahead. Go ahead. So now when you're done, I pick one, right? Yeah. And whatever I'm stuck with is what I'm stuck with. Uh-huh. Oh, man. Honestly, I hope I get McDonald's. I hope I get McDonald's, so go ahead. All right. You don't have to get it all like that. All right. Any mini-money-mo. I want this one, though. Ooh. I didn't want, I didn't want Chick-fil-A. I'm not a fan of waffle fries. I'm not a fan of waffle fries. This is busting. Wait, why is this at carburet? Wait, what? Those are so much better, bro. So much, like, more flavor. Ooh, I love these. You want to try it? Yeah, we'll go try it. Ooh, yeah. They're going to be so mad, they're going to start to warn the comments. You guys didn't stick with what you're supposed to stick with. I only had one McDonald's fry so far, relaxed. Let's move on to the next one. Hold on, which one is better, bro? Let's talk about that. Oh, wait. In general, McDonald's is better for sure. All right, all right, all right, all right, guys. So now moving on to the next food item, now we have chicken nuggets, right? Yeah, now we have the nuggets. OK, again, rocket, so shoot, here we go. This time, I hope that I get the Chick-fil-A nuggets. I don't like McDonald's nuggets. You're crazy. I still want Chick-fil-A though. All right, let's go. Rock, paper, scissors, shoot. Bro, I'm tired of this, man. This game is rigged. Hurry up. Oh, this game is rigged. Yeah, close those eyes, close those eyes. They're closed, they're closed. You're doing a lot of mixing. All right, ready? Yeah. Here we go.  All right. It's still good, but Chick-fil-A is just better. No sauce? What kind of good game is this? What? No game is it, no sauce? Boy, this is amazing. Yeah, just stop bloating, all right? Bloating. Yeah. It's called bloating. Dry. I'm all really. So, Chick-fil-A and McDonald's, which one do you think is the best? What's that? I'm not getting. Hey! Let me get a nugget. No. You not getting? I got stuck with my side. Comment down below which one you think is better. All right, last one. All right, moving on, moving on. Here we have, what's underneath this again? I always forget. We have the chicken sandwiches. All right, now 100%, I'd rather have the Chick-fil-A no doubt about it, because McDonald's is just not there. I'd rather have the McChicken. I like the McChicken, and I know exactly why he doesn't want the McChicken, is because they put mayonnaise all over it. Why do you have to say that? I completely forgot about that. Well, let's hope that I get the McChicken, because I love mayonnaise, but I say I hate mayonnaise.  Bro, it's whipped eggs. No, oh my goodness. It's whipped eggs. That doesn't sound nasty.  All right, come on, rock, paper, scissors, shoot. Let's see who gets what. Let's go. Rock, paper, scissors, shoot. I win. Here we go, it's about time I won. You better not cheat and look, either. You don't want to cheat and look. You don't want to cheat and look. I'm lifting. Yeah, I get too long. Oh, thank God. McChicken, because Isaiah loves to cheat. That's why he can't win anything. Bro, I clearly just won. Rock, paper, scissors, you're just salty. How am I salty? I wanted to make chicken. You ended up getting what you wanted, right? Look at that, all of that mayonnaise oozing out. Look at that, lick it. Lick it. Ew, it's like oozing out. Ew. According to Weaver Bono Therapy, you need help. No, it's not. Here we go. Ready? Ew, it's so much better. So much flavorful, no mayonnaise. The only thing I will say is that McDonald's gives you cheese, lettuce. Is that cheese? No, they don't. No, just lettuce? You could keep your shredded greens. Yeah, it's shredded lettuce. I also like that the McChicken is a little bit spicy too. It made it a little bit spicy with the pepper. And I just like shredded lettuce and mayo. I like that combo. Bro, the Chick-fil-A is the way to go. They marinate their chicken in pickle juice. Yeah, they do. If you guys didn't know that, you know that now. Overall, the better past food. Honestly, I was waiting until you got the pickle, so keep eating. There's no pickle. Yeah? No. They put it at the bottom. They're trying to be slick. They put it on the bottom. Thank you for telling me. Nah, because I was waiting for you to bite into it. That's why I was quiet, because I was sitting here staring to see what he's going to say soon. Stop, because I would have been so upset. I don't like pickles. Let us not be like pickles, because these pickles is so weird. I'm weird. Like now I taste the pickle juice. That was from where the pickles were. It tastes good. I just don't like the actual pickle. You know why? Because pickle juice is pretty much vinegar, and you love vinegar. That's why. All right, move on, move on. Guys, to the last and final piece of food, I guess. Piece of food? I don't know. All right. It's the dessert. So here we have a Chick-fil-A milkshake and a McDonald's milkshake, both vanilla. We have a piece of paper underneath our plate. One says McDonald's, one says Chick-fil-A. We're going to keep it the same way. Whatever we pick is what we pick. This is the one I'm most excited for, just because I don't know which one is better, because I do know that Chick-fil-A's milkshakes are amazing, and I haven't had a milkshake in God knows how long. So I want to see which one is actually better. I'm actually very curious, because I've never had a Chick-fil-A milkshake in general. Really? I've never had one. They're pretty good. Definitely had a McDonald's vanilla milkshake, and it is one of the best milkshakes I've ever had in my life. See, I've never had a McDonald's milkshake, just strawberry, not vanilla.  Yeah, I promise. You live under a rock? No! I just like, I always would just get McFlurry's. I never saw the point of getting a milkshake. I always got McFlurry's. Understood. All right, here we go. Ready? Rock, paper, scissors, shoot! Rock, paper, scissors, shoot! I win! Beach! Yeah, I'm down bad, man. I'm down bad. Go ahead. Which one are we picking? I'm honestly content with either. All right, so pick anything. I want yours. OK. I guarantee you, I already know which one this is. What? This one is Chick-fil-A. OK. You guys can see that. You guys probably can't. This one says McDonald's. This one says Chick-fil-A, so this is what. We're going to grab. I wanted to try the Chick-fil-A. I never had it. Babe, you can't still try it. Let's switch, because I want to try McDonald's, OK? So we try it and switch. Oh, the cherry's like. This thing, dang it, look. Oh, look at this thing. This Chinese system, dude. Does that remind you of it? Yeah, McDonald's milkshakes are elite, man. They're the best milkshakes ever. Let me taste that real quick. I never had a Chick-fil-A shake before. I really want to see how that tastes. It just tastes normal. I don't like regular milkshakes. Let me see about it. Nah, man. Nah. This don't taste right. This came from, like, an old cow. This tastes so good. The flavor ain't there. It ain't there, man. That was so much better. It's sweeter. Dude, this is so good. All right, well, stop drinking it all because it's mine. I told you this game was rigged. Keep all that negative energy. I told you this game was rigged.  How about I lost the majority of the time, so I deserve to get something at least, and that's something to be my shi... I'm so over this game. This game is rigged. Fine. Here. Yeah, yeah, yeah. Take it back. Take both. I'm not supposed to eat. You weren't supposed to eat anything that we just had in this whole video, but you still did it anyway. Don't try to backtrack now with the dessert. Don't be exposed to me, damn.  You ate it. All right, guys, so that is going to end it here for today's video. If you guys enjoyed it and you guys want to see more videos like this with different foods, let us know down below. Smash that thumbs up button. It is now time for today's post notification shoutout. Today's post notification shoutout goes out to Savannah Gomez. Shout out to you, girl. Thank you for the love and support. If you guys want to post notification shoutout, all you guys got to do is... Like, comment, share, and subscribe, and turn your post notification bells on so you don't fight whenever we post a new video. Also, if you guys do want to see us do this video again or another video like this, comment down below what kind of challenge videos you guys want us to do. What's fast food places or anything like that. I said that. I know you said that. I said that. But I said that. And I said that. All right, we'll catch you guys in the next one.


Everybody welcome to July set news today. We're gonna talk about what is noise and what is not noise and the first thing We're talking about is this is noise and we're gonna talk about finance verse. Mr. Wonderful Kevin O'Leary There's been some accusations flown around About who is lying who is not I had to tell you somebody's lying. They're gonna go over What is not noise and this is not noise finance audit? Why ETFs are denied? What causes bottoms hint its liquidity and what you can do right now It's more important to focus on the things you can change other things You cannot change and lastly we'll talk about some positive news a city ran crypto exchange coming about with Binance and crypto comm Already on board and lastly we'll do a Q&A and talk about my friend Jerry's patreon and speaking of which Let's bring in friend of the show Jerry Hall Jerry Thanks for stopping by. Oh perverted. Thank you Rob. Nice to be here young man Thanks, so you can see in the background. That's Jerry's Twitter account. You can follow him at Jerry V. Hall And I will tell you that's one of his houses that he is building as far as property management goes One of 12 over in Costa Rica Jerry not a bad place to live, huh? No, especially when you earn in the dollar right so any of us that are earning in dollars But spending in a different currency are understanding the advantage to the strength of the dollar It's really kind of a wonderful thing You can get in Puerto Rico by any chance or is everything just Exorbitantly expensive because of importation like I was telling you everything's exorbitantly Expensive because of importation except for Medaille beers. You can buy a 12 pack for 11 bucks All right So speaking of that speaking of buying things and what you can actually get for and the value of such This is we always before we start on the show with the big stories is take a look Satoshi's Just so everybody knows and this is something to always explain to friends and family if you can Right now Satoshi's the USD converter for one dollar as of yesterday. You get 5,732 Satoshi's however Jerry did we not see a little dip today? We did we saw dip 5,900 I think you can get 5,900 Satoshi's for a dollar Exactly 5,921 Satoshi's for a dollar in four or five years people are gonna come back on this channel And they're gonna look if they ever come back and watch these videos I'm like wow 5,000 Satoshi's you know, you only get like a thousand of those 2,000 3,000 the commercial that used to go I'd buy that for a dollar That was it that was it that was that was Robocop the first one and it was a great it was a great It was a great movie and it should have won an Academy Award just kidding So here we go. Let's talk about what is noise. What is not noise? This is actually pointed out to me by Jerry and what's going on in the background is A little spat between two superpowers and somebody's lying and actually I can prove that somebody's lying right now So I'm just gonna show you that bring up the speed This was CZ Binance and he was talking about or change things out Excuse me from Binance and he's talking about What was said when Kevin O'Leary came and testified before Congress so just take a listen He says he didn't know that Binance was a shareholder of FTX So he invested in FTX without looking at cap table, but he was very specific in the way he counts for a transaction two years ago So that's kind of contradictory.   So Kevin It's not be outdone came on This was on Squawk box on one of the earlier earlier syndications and the question was of course Hey, are you lying? What's going on here and Jerry point this out to me Jerry because you watched the whole Congress hearing what was the tone for Kevin O'Leary when he was talking about Sam Bacon Frieden FTX it was like CZ intentionally Tried to put and did put FTX out of business Sure, and it was this really heavy evasus on on an FTX competitor sure not the blatant fraud FDX it really would it was to me Kevin is so I don't know why it's like hey Look at this over here while I'm picking your pocket, you know, it's one of those kind of things. It was really odd It was really odd. So take it. Yeah So that was the that was the hearing now take a listen to Kevin over here on Squawk box This drama you are an actor in this drama and and you had a front row seat to Sam bankman Friede literally up until the very end given what you know about him personally and Given what you now know about the numbers and what has happened there as you said you're trying to get money back for creditors What do you think happened you believe this was a fraud? I don't have the facts John Ray doesn't have them yet He's going to get them. I'm looking for my records. I'm willing to fund a forensic audit of our accounts I'd like to know what happened obviously There's a lot of bad things that have been alleged here No question about it and some of them are going to be true likely because there's no money there somewhere The cash is gone right and so this is the beginning of a journey. You're right I did speak with him prior to him going to jail because I'm just after the facts of where the cash was Now, let me address something before we go any further yesterday on the air CZ called me a liar That suggests that I perjured myself in front of the US Senate for two hours this week I can assure you that it's not the case Another little parable here. You should understand when I was young my birth father was Irish Put me on his knee and every Irishman will know this and he said son Never call an Irishman a liar. Okay, great. So then he goes that it's a pretty good story But we got time there's there's a lot of things to do so right here at first Jerry would told us okay the What? What Kevin was talking about more was like this didn't happen. It's all unbiased. They crushed him and now it's well I don't think we have all the facts which I got to tell you is not wrong to say Yeah, is he I mean Jerry is he wrong to say look we need all the facts first. I I think that you know this should be in the hands of attorneys and courts sure and and Twitter personalities and YouTubers are gonna have their fun with it because I mean it kind it is a story It's Entertainment and believe me if your portfolio looks like mine after the last 12 months Lord knows we could use a little entertainment.  So this was another snippet that he did also on Squawk box and interviewed by One of the other co-hosts just take a listen right here. This is about a minute or so Time goes so quick. I just it seems like only yesterday. I was totally Arguing with you on on Squawk box. You went from Charlie Munger's view on Bitcoin to Michael Saylor's view on Bitcoin and I actually kidded you about I said, who are you? You you you you may know nothing, but you're never in doubt You're so strident when you said it was just worthless and rat poison and then six months later You're like this bitcoin bull and and I so I didn't understand that conversion Did that conversion coincide with the 15 million that you got from from fpx No, I was investing three and a half years earlier than that I changed my mind back at early 2018 when I saw the regulators and jurisdictions like Canada switzerland And Abu Dhabi start to change their minds, but I'll tell you what really got me investing Joe Early 2018 right now Kevin could have gotten some dates wrong. I mean it happens. I forget things I forget where my keys are I forget the certain dates when I invest in the crypto I get you right, but early 2018 is when he's when he changes mine started to invest. However This is a nice little article from May 14th 2019. Mr. Wonderful.  Did you take a look at something like this? Bitcoin is dead and we hear this all the time crypto is dead Bitcoin is dead. Here's a cumulative straight. Here's the PNL. Just a more cap. It's all the same thing over and over again So I'm not going to say that someone's lying because they've already done that for me But uh, jerry, what do we stand here as far as the talk about when we're talking about the noise because this was just noise That's really what it comes down to. This was noise. It doesn't really affect us You know at the end of the day And in two years from now, we won't be talking about the kevin oliri interview on squawk box where you got a date wrong Right Dates Um, matter of fact, uh In the pre-call with you. I said 10 to 15 You even said 12. I've got 10 lots in costa rica. I'm gonna do 10 properties But you know, that's not the point the point is what I think we'll remember From this year is hey We got to live through another down cycle in a in an industry That is inevitably going to win because it's stronger faster better And stronger faster better generally always prevails Well, you know, it's kind of that simple. I think a lot of this is noise Um For those of us that need a distraction. Hey jump on in and for those that are that are you know done with it Tune there's a lot of other stuff to tune into that's really beneficial And really and really important and Just one of the things I'll live about your show is you give us a little bit of both Right. Hey, this is what's going on. You might want to take a look behind this curtain But hey There's also this stuff happening and let's focus on that because that'll drive your train forward kevin oliri will not push any of our lives forward This is true, which leads me to the next point great segue. Jerry. Excellent This is the things that will affect you and these are the things that we talked about before I know everybody I mean on this show. We have the rules are they're partially obscured by my friend jerry hall here But the second one right there nothing on exchanges. This is a great rule. I've lived by for quite some time Especially after we learned our lesson on celsius and voyager on block fi and ftx and on host of others I think that's another shoes to drop at some point So this is what's going to affect you now Tune out the noise. This is what we got. So we talked about this yesterday or two days ago I want to say Binance is proof of reserves This was an article about the proof of reserves that was was put out by Binance everybody said this is great because it's not it's not just proof of reserves as proof of liability as well However, we talked about this There's a couple of red flags and not that i'm saying that it is a problem, but i'm just saying be careful John Reed stark senior lecturing fellow duke University school of law and former chief of the sec's office of internet enforcement stated like said this look Binance's proof of reserve report doesn't address effectiveness of internal financial controls doesn't express an opinion or assurance Conclusion and doesn't vouch for the numbers. I worked at sec enforcement for 18 plus years This is how I define a red flag and then today This is what happened Mazar's who was the auditor in this case? Uh, they paused all the work for crypto clients and they deleted all the records of what they did for Binance crypto commons and another one So Mazar's has indicated they will temporarily pause their work with all their crypto clients globally which includes crypto comm coup coin and finance And this means we won't be able to work with Mazar's This is what a binance spokesperson said Mazar's said that it only paused its work for crypto firms related to proof of reserve reports Due to concerns regarding the way these reports are understood by the public Mazar's added that it's proof of reserve reports Do not constitute either an assurance or an audit opinion on subject matter instead. They report limited findings Based on the greed procedures Which was what binance said forth Performing the subject matter at a historical point in time meaning anything can change as time goes on But not to be outdone to give you both sides the accounting firm to perform a proof of reserve assessments of earlier this month Finding that it's bitcoin reserves was over collateralized. I believe it's 101 Auditor also found that coup coins bitcoin eith usd t and usdc reserves were all also over collateralized jeremy What i'm jerry, what am i missing here on this one? Is this something to be worried about like no big deal? You know, here's the thing.  I got to steal that. It's perfect. That's how it's really. It's really really simple um Here's what's interesting. I think that the simplicity of it has been lost, right? We get lost in the in the technology and the complexity when the truth of the matter is The world is never None of us have ever dealt with bearer instruments before right? It's very rare that We deal with things of great value That whoever's holding it owns it Right your home your real estate. That's titled it's held with title companies. There's 15 different authorities invested in the The chain of title who owns that? Have titles all these things of value have titles that are either held or registered with somebody all your stocks Your bonds your investments with Charles Rob. These are all Things that are investments that are held in custody by somebody else Crypto is that is that we're coming back to bearer instruments if you have it You own it And how do you and well jerry? How do you own your crypto? Well, I I use my own self-custody wallets. I gotta have a range of things that are browser extensions I have old wallets.  I'm old There there's even a new one coming out jerry and it looks pretty cool The stacks Now that that one i'm probably gonna buy because I want to show everybody how cool it how good it is and And just to show it off. So okay, so just so we know What noise what's not noise when you're talking about like finance and things like that We understand that that's something that can really affect us So on the show everybody knows my stance take it off exchange as fast as you can if you're leaving it there You're playing with fire, but it's up to you to what you want to do also For us taking a look at things that's uh, you know, it's not noise this came out Why the sec just rejected another grayscale bitcoin etf And let me stop this music. Sorry. Okay so And tell me tell me where i'm wrong here because this is actually the sec is I think right The sec has repeated its stance to reject grayscales bid to launch a bitcoin etf sec says such products are prone to fraud and manipulation jerry Is that true? It could be be dealing with fraud manipulation in the crypto market If the ftx scandal hasn't taught every single human being in the crypto industry That crypto gets levered up and leverage is used to manipulate the price If we haven't learned that lesson from ftx go back And study it because it's been a glaring Course right a literature college course on The manipulation process of crypto. I have a hundred cryptos right? I have a hundred of this coin There's only a hundred of them and I have a hundred now I'm gonna put 10 10 of them out into the free market and let you Fight about I've got 90 of them sitting over here locked up never going to get used Right. Do my buddies go get? Three each now they have six of the 10 that are floating and they're wash trading back and forth What does that do it drives up the price of the coin which drives up the market cap, right? And now all of a sudden If you have a market cap you have the ability to collateralize and borrow against that value This is an eight. This is a this is a A mechanism that goes back forever, right? You know what and before I just I put in What was crazy to me is that you know with ftx and the leverage Even though they had a winning advantage Alameda research and ftx because they had the order books. They had all the data They still lost out on the trades. It's just to me. I just found it amazing They weren't good traders. They were kids having a party Young once can you imagine having access? That's a long time ago dollars with no controls I mean rob you've always been a good person with good morals, but I can't imagine the 20 year old rob not Surcoming to some of the things that human I mean Talk to my wife.  Yeah, I can imagine I mean if you were given if you just sign out sign a million out No problem. Just no take a million out of petty cash No, I already I had my moments It's a story for for a whole other section of what happened there But why I am humbled now, but that's that's a good story to tell at some point, but not today I'll tell you that but but to finish up this story so Front of ventilation grayscale clay over the summer that the sec was applying for an unfair devil standard By allowing the bitcoin futures ETF, but denying proposals for spot ETF The sec responded like this. They said look the futures Is closely monitored by the cme of the chicago mercantile exchange spot ETFs lack the level of federal oversight jerry The question I have for you is this isn't that their job To to oversee these things why are they saying can you imagine in of any of the ETF submissions the grayscale Because they already have the trust. See it's not like they don't I mean they have a trust that has records going back from its inception Of maintaining and holding all the bitcoin that they say they have Could be audited at any time the wallets or public record If the sec were to grant an ETF it should be to grayscale And all of a sudden now you've got a sheriff in that community Right with all of the checks and balances that come with being An sec, you know a security on the new york stock exchange or on the nasdaq or on the american stock exchange There's a whole list of checks and balances for all those entities that if they were granted the ETF status They would have to meet therefore all the shenanigans with them would go away or any question But it's not that the sec is worried about they're worried about all that stuff Like for instance, how much bitcoin does finance have leveraged? Yeah, well price of this or that and the other thing affects bitcoin Yeah, we're gonna get at that And then look and then look at this I think grayscale is kind of hurting here because they're You know the the premium the discount looking at almost 48 percent I think that's that's the whole thing they were kind of banking on the fact that the ETFs going to come through But I don't think it's I know people talked about it. It's gonna happen. I'm like it's not gonna happen I've been hearing that same song and dance in 2017 never happens This is an interesting product because you know, this trust can only buy bitcoin. It can't sell it Exactly it can't now to me this week. This is like That glaring neon light that says hey if you have an IRA you have a 401k You have something that has access to this product. Yeah, it's not a bad time to add this to that If you have a long term bitcoin thesis Right, if he of course if you have Which you do was so and then this would you know moving into this long term long term Partion as you're talking about not noise versus noise you would talk to me about What causes the bottoms what causes bottoms? And we talked about liquidity and we actually pulled up just some data points Just real quick and we were looking at ben's website as I steal Unceremoniously from his website shamelessly steal his data As I look at the 30 fixed rate mortgage out. I think you can find this anywhere, but the 30 year fixed rate mortgage And of course with the fed raising rates. We're looking at a nice. I mean back in the I mean gosh a couple years ago Yeah, 2.7 30 year fixed rate mortgage. That's those were sweet times. Uh, I think we got Yeah, one I think our Houston home was around there now I wasn't like 3% but now we're looking at you know 7% Actually, no no 6.3. Excuse me as time has gone on and of course once the rates go up Then it's very it's very hard to afford that house. You can get a smaller house Or you can just say you know what this is too much for me And of course this is a new single family home sold monthly in thousands of course when the rates were low We had a pretty good amount now as we start to dip down I think that's one of those things as far as liquidity, but this is just in homes, but jerry Expand this a little bit what causes bottoms as far as like liquidity looking at Let's let's keep it as simple as possible. Right. I try to you know, just Distill it down to its simplest thing right liquidity is a function of debt The easier it is right the easier it is or the lower the cost to take a loan The more liquidity or less liquidity will be available in the system And this is a thing that's applied to governments corporates as well as people like you and I right right So when we're looking at the retail segment, it's Our auto loans becoming more expensive are people buying less Of a car because of that are people buying smaller homes or Just taking smaller loans And having to go into their savings or other investment vehicles Creating if they're having to liquidate assets that sell pressure On those industries that those assets they hold stocks or gold or bitcoin or whatever If they're having to sell assets that increase their down payment Because they can't borrow as much because the interest rate associated to the loan Okay, all of those things Factor into liquidity go to corporates corporates have to recycle their debt constantly Which means I have to take a loan today to pay for the money they borrowed before in the past Right, right, right if the cost to borrow money is higher today That means they can take less of a loan which means they're gonna have to do what? Reduce their overhead means layoffs Right, maybe not new product expansion.  They're like, okay Now we we see an issue And just like we talked about those rates to borrow A couple years ago. We're sweet sweet rates and now we don't have that luxury anymore And I think that's what's going to push us into I don't know if it's going to be a soft recession or a hard recession But jerry, what do you see things going as far as this liquidity to cause a bottom? Going out of it the whole mechanism the entire world's monetary policy is built on a principle of Using inflation to pay debts with cheaper dollars Okay, that's the whole mechanism. So if you want to learn you should learn that so that you can understand how the world works If you don't understand that you don't understand how the world works Well, it's also and also starts at the top the uh, I always say it wrong the the cantillion effect the the canteen effect where You said it, right? Yeah, the bulk of the money goes and starts at the top those people slosh around go Thank you government, you know and go for treasuries whatever and they they say okay We're going to buy up all these assets They they push at the price of the assets it filters down to the peons like you and me and then of course we get some of the We're paying a higher price Right because we're buying it three weeks four weeks five months six months after anyway, so right What can we all look forward to like what actionable thing can we take from this? Well, right? You've had a whole year. We have a whole we have a whole year of economic contraction right, right It's Costs more money today to take a loan than it did a month ago Okay, great Well at some point the 75 trillion dollars that has to get recycled for this year is going to come do At some point they're going to reverse their stance and when I say they I'm talking about the fed I'm talking about the government. I'm talking about the people that set the price of capital Which are six primary broker dealer banks like jp. Morgan golden sex the treasury and the federal reserve that whole little cartel They're responsible for the whole enchilada around the globe because everybody's dependent on dollars So when we go it one is the one is this this liquidity get too tied up I think we reached the bottom and the monetary policy changes in march of april of next year I can wait for them I always this is what I this is this was always how I kind of saw things I kind of saw next year would be kind of more of a slowdown. We might see some economic transgressions or or a reversal We see a recession. I don't know how hard it is, but it's going to have to happen Then we see an employment would go up. We see the fed pivot because the fed like we broke something Then that caused a little bit of a cascade effect and we have more problems But then we start to come out of it in 2024 and then hit some strides in 2025 So actionable effects what what we're talking about here is that the noise that we just talked about right is great Kardashian cool stuff entertaining But that doesn't really help us what helps us is understand what's going on right now And what we can do with things so we take a look at those exchanges We go we got to take our money off. We got to put it into a ledger. I got to be a better person I got to do this this for my family and help myself out moving forward. We talked about Maybe stacking a little cash and going okay, we're going to see some more Maybe some some more downturns. I don't know if we've hit the bottom. I don't know I still dollar cost average, but not like I used to But I think if we do start going downwards, which I think we will but I could be wrong I'm not a genius and I don't have a crystal ball I will start to dynamic dca down a little bit more but more of the safer assets, which would be real estate Which would be some blue chips cryptos Which would be the bitcoins ethereum and those type of things and not getting to do something crazy and moving forward Jerry. What did I miss there? I don't think you missed anything one of the things I think is really fascinating and they I don't know if they're a sponsor of your show or not, but fractionalized art Oh masterworks. Yeah, you know what? I'm gonna have this the the cio on that's a fascinating From an investor standpoint, right? And I I don't give a rat's poo poo about art to be perfectly But from an investment standpoint the ability to fractionalize an actual asset like a Picasso That intrigues me tremendously Yeah, it it doesn't I've talked to this to death and people say stop talking about it But I'll just all to say this I've got to I've got a basket and I got a bank see it's fractionalized shares I have it's in there. It's registered with the sec. I feel a little better about that Moving forward the cio is going to come on. I got three big questions for them. First of all, we're going to talk about The the overhead we talk about the rates Everyone's talking about why should we trust masterworks because just because it's what the sec because there's been some questions Someone I have them on and we're going to answer those questions And of course you guys will be here along with the ride and then lastly before before we get out of here there's Well, actually there's two more things First of all, Jerry We had talked about getting retail versus the institutions in there Can we do it with just the retail and just kind of get get us into that all-time high again or is present No, there's not there's just there's there it would the learning curve It would require billions or at least another billion Retail people to come in and look at how long it's taken us to get 300 million I mean the learning curve is too steep to to reach any kind of real Orders of magnitude you need sovereign wealth funds. You need pension plans in governments And that comes with how how do they get regulation? I mean that comes with custodians that check and balance because there's no way a Mayor of a town or the president of a country is going to keep the private keys to the bitcoin wallet in his head It's it's just not going to happen That that that worked out for a couple of exchanges. I forgot the canadian one. It works out pretty well. Everybody lost their funds I do remember that started with a cue Yeah, quadrica. I think Exactly. Oh my goodness. So so so just just to piggyback on jerry's point about retail versus institutions I would I kind of thought at some point like retail be a fine But this of course is the coinbase quarter three shareholders meeting letter that came out and you can see the trading volume and billions Institutional is crushing it just on coinbase. I'm just going to use that as an example. This is q3 again Oh, look at this q3 21 21 22 22 q2 q3 you got 26 billion for retail 133 for institutional And it's across the board You can see that institutions are really what is driving everything and that's just coinbase And to talk about how big coinbase is on a global scale There's a website called nomics and on my cs.com and you can you can sort things through we enjoy to this be Defined by a percent of trades or volume. I'm just going to go by volume right now Volume percentage Of course, this would be volume of of funds slashing around 40 almost 42 billion as opposed to coinbase, which says almost 2 billion Jerry talk to us real quick about why Binance has so much here and coinbase doesn't have as much over here One of the things we have to understand is that a lot of the non-regulated exchanges Still have leverage and even though there was a big Publicity push to go from 100 x leverage to 20 20 x leverage is massive leverage Finance is a big house when I say big house. It's a big exchange. A lot of people are using finance for all kinds of Leverage trading whether it be perpetuals this that I mean it's massive Okay, so it's all we're looking at we're looking at a lot of Sorry, go ahead. It's not real dollars that the 41 billion is not 41 billion actual dollars It's a total volume priced in dollars of The action and the action is the trades that include all that leverage Yeah, and then you know, I mean you have leverage and also it's global on a global scale Like coinbase is probably traded company here and in the states. Okay So just wanted to just want to talk to people about that and that's the the actionable events and things that are going on Now, let's just let's just leave off with some positive news again Look at what they're doing not what they're saying not what kevin alleri says Or what he used to say but something like this. That's pretty cool Busan south korea Wants to launch a crypto exchange by end 2023. This is a city That wants to launch a crypto exchange the city says it hopes to welcome its first crypto trading customers by the end of 2023 That's a good time After we get out of this crappy recession. I mean if it does come i'm not saying it is This is born a little way in the fruit as most city projects have focused on private blockchains. I don't understand that Oh, it was because the former president was really leery About bitcoin and crypto projects do marry the president's cautious stance the new president My ill king young j nailed it reported that Busan has pledged to launch this exchange next year And it's laid out a roadmap for its projected progress Busan said it would establish an exchange holding company in the first half of next year and three market management organizations in the second half The city will remain the ultimate decision maker That's weird the city will remain the decision maker, but it also sought private sector leadership I don't know how the city will remain I'm guessing the government the city government because I mean how could unless you have to have a whole city vote I don't know the city will provide much the funding but could seek to sell its stake to the private sector at the certain period of time Binance and crypto.com have already signed collaboration deals with Busan Likely hoping it will keep on providing with the highest volume south korean market jerry This is good news But how big of a good news is it because Busan's only got like three points something million people Is this going to be a game changer like oh, that's cute It it's the exchange will be open to all of Korea by the way and probably a lot of a lot of Asia a lot of Asia So so that's one thing the I think what it is starting to signal Right if you wanted to get like a signal from it I think it's starting to signal that governments are looking at other ways to create revenue streams that are aside from taxation and the issuance of debt Which are the only ways governments can fund themselves right so if governments are looking at ways to create revenue streams that will Create situations where they don't have to raise taxes and they don't have to issue loans That's good for the country. The other element is that crypto zone in Busan that was put forth in 2019 that was to bring Blockchain businesses there Tax breaks for businesses to grow there and what they were trying to tell you in the article is that from 2019 to now It was private companies taking advantage of it not municipalities Yeah, okay, which is a relatively new thing, right? I mean we've heard El Salvador is going to have bitcoin mining as a country A country service thing, right? This is another one of those deals. I think it's interesting Yeah, it's interesting, but like you said like we talked about before it's kind of like If the government gets involved and they own a private essentially a private company It's a company that's owned by the government itself now. It's almost like The government is opening up grocery stores all are all around and like hey, here's our stores come to our stores It's good for taxes. I mean look Miami's doing something I mean something in these same regards, but that's more of like an investment investment vehicle Not an actual company. Well, see how it works out. I think it's good Maybe other companies other places like hey, I want to do that and I want to track more businesses because we're tapering off And that would be that outside, right? Look at Venezuela That's what they did with their oil company. The oil company was wonderful It made a lot of money and what they did is they took the money and they squandered it See, this is it. This is the problem with big governments and this is always always the problem, right because Who was it president reagan said the problem with government is government itself and that's really what it comes down to so Yeah, we're gonna see this thing but but government can still get it right They still law 230 came about they said hey, we're gonna we're gonna distinguish between what can actually constitute an actual website So where people can't get sued by the values and opinions of what is being said on their blog posts and so on And it worked out great. It was minimal, but here I think it might be a little bit different And then that would lead me to our last point Jerry. We've almost done with 40 minutes well Jerry's got a patreon and the things that I want to talk about before we get the q&a is So jerry's got a beyond moon investment club, which jerry That's come on Got to work on that on that title, but it doesn't matter It's good stuff. But what the thing that I'm interested in is your yield generation Well, okay, so this if you've watched rob this channel for a long time, you know, he's talked about dca dca dca There is actually a very large number of us crypto investors that don't have extra income to continue to on a daily weekly or monthly basis invest in crypto And so one of the things I and I'm one of those people So one of the things I worked on All of this year heavily this year was the ability to take what I've already invested And have a generator yield and then I can decide with that yield how much of it needs to go to my checking account To buy my food and pay my rent how much of it needs to go directly into bitcoin And how much of it needs to go into this development? I'm building here in costa rica, etc, etc, etc So but you I know there's some risk in it And and you've taken but you've taken your your profits out I mean, but you do it continuously Yeah, so the goal here's the goal with anything If I put a dollar in I want to have a reasonable expectation of when that dollar is going to be returned to me It's called return on investment. So everything I do I use a lot of math To figure out What is my reasonable expectation if I make this investment? And is that time frame worth it, right? Do I see other macro factors or things? Is it good or bad? Is it a good idea or a bad idea now? Not everything I've done is I've come out smelling like a rose But over the course of this year, I must have five or six different Investments that have not only paid for themselves and returned every dollar Plus a poop load of profit, but they continue because they're yield Spitting me out yield every single day Yeah, and this is and to make this crystal clear. This is not like a Celsius thing This is like invest into the in the crypto product themselves One of those is and I we talked about this for like half an hour The cosmos the cosmos the cosmos project and and and they're different They're different tokens and yield that they generate on their different other products that are within the ecosystem I found that to be fascinating to do something like that Because it's just it's not perpetual and it gets risky as time goes on, but it's


Hi everyone! Who's this? It's only Joey Creme. We're a star of Flight of the Navigator. How's everyone got their tickets for Southampton Comic Con? You better. This weekend. UK folk coming down to Southampton Comic Con because not only are we doing panels with Tim Blaney. That's right. Tim Blaney. Oh! Voice of the Puck Marin. And Giant Inairatososando. I can't really do it. On Saturday night, Saturday the 16th of July we're holding our very first screening ever of our documentary live after the Navigator. Followed by a Q&A with us too and Tim at Harbour Lights Picture House. Starts at 5.30 doors open five o'clock and if you buy a ticket you get five pounds off Sunday's admission to the Comic Con. If you want to come and hang out again. I would love to see you all there. It's going to be our first time. My first time is seeing on a big screen and I'm pretty excited. Super excited. So the link in the pinned comment and in the notes will have the link to the tickets. Come on down. It'll be super fun and the Puck Marin will be there too. Yeah! Yay! Yay! See you later Navigators.


It's the conference organized by the World Intellectual Property Organization and it's an organization as we know that has a very important role to play on the intellectual property landscape, not just for the continent, of course worldwide, and so I was invited to give the keynote address to start the conference, and I must say it's great to be here, great to be among the great minds who are here to shape the continent. I feel it was very important to be present at this conference of the World Intellectual Property Organization for many reasons, but I think the main reason is to drive home the message that intellectual property matter for the continent's emergence and not enough important has been given on protection of ideas, protection of data, emanating from institutions on the continent, and yet we know that protection of this data will be a step forward towards wealth creation and of course once we talk about wealth creation, we talk about creation of opportunities for the youth and so all these is all in favor and I felt it was very important for me as head of state to be present to send the message that yes, IP matter. My agenda is to keep on focusing on the need to build capacity, on the need to build quality education, training and of course the need to protect intellectual property as a tool for creating wealth and creating opportunities.


Since starting my YouTube channel, I've made nearly 800 videos, and I have edited almost all of those videos using a piece of free and open source software called Kaden Live. Kaden Live is free as in freedom, it is also free as in free of charge. It's completely free. There are proprietary alternatives available to me on Linux that may be better video editors, things like DaVinci Resolve are available on Linux now. Lightworks is available on Linux, but those particular projects, they may be excellent software, but just based on ideology, based on the principle of the matter, I try to run only free and open source software where possible.  Now I have experimented with some of the other free and open source alternatives to Kaden Live. I've actually have edited a few videos using things like PTV, Shotcut, OpenShot, and all of those editors are way behind Kaden Live in terms of features. They are not as nearly mature as Kaden Live is. Kaden Live really is the gold standard when it comes to open source video editors. Being free and open source software, you should be able to find Kaden Live available in every Linux distros repositories. So you should have no problem getting Kaden Live directly from your distros native repositories. It's also available as a snap pack, a flat pack, and an app image. So you have multiple formats to go and grab Kaden Live. And that's good. It's really good because Kaden Live is under heavy development. They are pushing out new releases all the time. New releases with new features being added constantly and it's great that it's seeing such heavy development because it's becoming better and better with each release. Because it's under such heavy development, it does seem like every other release of Kaden Live is a complete crash fist, right? Every other release of Kaden Live, it's completely crash-tastic. So sometimes you get that update and your only options are, well, let me go back to the older version because this version seems to be buggy. Or what you might do is go grab one of the other formats. If you had the snap installed, try the app image or try the native package from your Linux distributions repository. Sometimes that fixes the problem. In this video, I want to show you guys a little bit of how I use Kaden Live, some of the things I often do in my videos. I'm not a professional videographer and I'm not trying to make Hollywood quality movies using Kaden Live. I have some pretty basic needs, but I want to show you guys a little bit of what I do with Kaden Live. So let me switch to the desktop here and let me go ahead and launch Kaden Live. When you first launch it, it's pretty bare, right? There's not much going on. You have a project bin and the project bin is where all the videos and images that you have added to be used in your video would be placed. But of course, we haven't added anything. You have a couple of different options of how to add stuff to the project bin. You can click the little movie icon here that says Add Clip or Folder and then you can navigate through a little directory window and add your images and videos or whatever it is you're working with, audio tracks. Or you could just open up any graphical file manager so I could open up Pthunar here and if I navigate to some of the previous videos I have recorded on the channel, what I'm going to do. I'm just going to import some clips that I have used in the past. So I'm going to import these various MP4s, they're video clips. I'm going to import this ping. I could also import this audio track here. I think that was a wave file and then I'm going to close my file manager there and it's loading all of this stuff in the project bin. Now let me scroll over here. Now you will notice that all of my clips in the project bin have a little yellow box in the left hand corner and you see the P that is for proxy. So these proxy clips, they really help speed things up. They help speed up the editing process and previewing the video, especially your preview monitor over here when you're scrubbing through the video. So you really want to use these proxy clips. I don't think they're turned on by default, but it's really easy to turn them on.  And you probably want to do this the very first time you open Kaden live. If you've never run through it because typically what you want to do is go to project defaults and set the kind of video that you typically make because typically you're working within the same format all the time. For example, my default settings are I always want to do HD 1080p 60 frames per second video. That's the only resolution I record in. That's the only videos I want to make. So I've got that set. Then you have a proxy clips setting here. Make sure that is clicked on and you see the enable proxy clips. Make sure you have that checked. So I can't stress enough how important it is to turn on the proxy clips because it will drastically speed things up as far as the previewing and everything is probably just not even going to be possible to preview the video on most hardware. And unless it's like outstanding hardware, unless you enable the proxy clips. The only other thing I want to point out is the environment variables here. There's one for processing threads. I have a 12 core 24 thread CPU threadripper and by default, this is always set to one setting it greater than one. It says here in Kaden live is experimental, but I don't know if how well it works, but I always tell it. Hey, I have 24 threads on my CPU. You're free to use all 24 if you can. One thing to note with video editing is you kind of need good hardware with video editing. You need a halfway decent CPU. If you don't have a good CPU, video editing is going to be a struggle for you. It helps to have a good graphics card as well. It helps to have a pretty good bit of RAM, too. Kaden live can actually use a lot of that RAM. So if you're one of those people debating whether you want to get 16 gigs of RAM or 32 gigs of RAM or whatever it is, trust me, a video editor can actually use all that RAM. So yeah, if you can afford the extra RAM, go get it. So now that we have some stuff in the project bin, let me import something so you can see how it imports a video. By default, it shows you the audio track and the video track as separate tracks. Right. So this MP4, you see the blue at the top. That is the video track. The green at the bottom with the waveform here, the audio waveform. That's the audio track. They are locked together, meaning they move together. You could unlock them and move them separately if you needed to. Sometimes that's necessary. If you get a situation where a video is out of sync with its audio, you know, you can unlock them and move the audio around and try to fix that. If you can, you see V1 and A1 that is video one, audio one. If I added another clip, you know, I could add this clip here and video two and audio two are on the outside of video one and audio one. And by default, you only have the two different tracks available to you. If you wanted to, you could add more. So what you could do is I could go to video two right here and I could right click here and I could insert track and I could tell it. I want to add another video track, another audio track or another audio and video track. And that's what I'm going to do. I'm going to tell it to insert that track above video two. And now I have V3 here for video three and A3 down here for audio three. Now, let me get rid of the second video that I imported because really, I just want to show you guys just dragging this little arrow here. We could actually just grab the arrow and scrub through the video. Now, I hope it doesn't come across too loud here. I probably need to open up PAHVU control post audio volume control and adjust this. But when I scrub through it, of course, you're going to see the image change here in the preview window. But you also get the audio coming through. You get a new audio server. Oh, you know, you can you can play around with that. If you just want to play through the preview, I mean, you can start this play because all of my audio equipment, let me turn the volume down from this. Now, let's talk about moving around on the timeline because that's probably one of the basic things you need to get straight first is how do you move along the timeline? Well, what I would do is I would use the arrow keys left and right to move one frame at a time. So if I just, you know, hit right a million times, I'm just moving along one single frame at a time that is very useful when you really need to zoom in and edit various minute details, especially like on an audio waveform. But most of the time moving one frame at a time is not very useful. Let me import a second track here. So I'm going to actually import that second video. And what you could do is instead of just left and right moving one frame at a time, you could do alt left and right. So if I do alt right, I move ahead to the next clip. If I do alt left, I move back to where I was before. If I had multiple clips here, I would just keep moving further and further along, you know, each time I go to the end there and then I go to the end there. Every time there's something new on the timeline, new image and new audio track, you know, alt left and right gets you to those again. If you want to, you can just drag the arrows here and that also will move you along the timeline. Also in the preview window, I actually grabbed the arrow in the preview window. I can really move around the timeline, which is really a handy feature. Actually, if you're editing a video that's very lengthy, you know, sometimes I record videos an hour or more in length and even doing the alt in the arrow keys, moving along by clips. Sometimes I want to, you know, move way ahead or way back in the timeline and it's easier just to do it here in that preview window here. Now, one interesting feature with the alt plus the arrow keys, you know, moving along one clip at a time is because that feature is really neat. It's a good idea to actually have multiple clips. So sometimes you'll import a clip and it'll be really lengthy.  Well, then when you do alt right on the keyboard, you know, you're going to jump ahead 15 minutes because you got that lengthy video clip. So even a single video clip that doesn't even need to be edited. I'm not removing anything. Sometimes I will go in here and just add a cut. Why will I add a cut? Because later when I start to move with alt left and right, you know, I have another spot to get to instead of going all the way to the end of that rather lengthy clip. And let me get rid of this particular track that we imported to delete something from the timeline. You just highlight it, click on it with the mouse or move with the arrow keys. However, you get to that particular clip. Once you're on it, just hit the delete key. And what I'm going to do is I'm going to show you guys how to zoom in and out because this is very important at the bottom here. You have a little slider. Let me move my head out of the way here. There's this little slider and by default, it's set on setting 13. The zoom level is 13 of 21 possible levels. You can zoom in way in and now it's very slow. You know, that the waveform is really long. And if you zoomed back out, you know, 13 was here, but you could zoom way out where I mean the entire clip, I can't I can't even see that clip. And that is a one minute and 11 second clip. So that is, I guess, useful if you're dealing with something very lengthy. But typically 13, the default setting is what I use to preview the timeline.  And what I do is the keyboard. If you do control and then the mouse wheel and I can zoom way in here and I can find the piece of audio that I wanted to cut. Maybe, you know, there was some junk in here and I wanted to cut from there to there. And how I cut, by the way, is there's a little scissors icon here. It's actually called the razor tool. I don't know why it doesn't have a picture of a razor. It has a picture of scissors. Maybe they should rename it the scissors tool. It would make more sense, but I do a cut there, a cut there. And now I can move, remove that with the delete key. And if I wanted to, I could right click here in the empty space. I could do remove space and it puts those tracks together. Now I could do the control and the mouse wheel again to zoom back out to a more respectable level. And now, you know, I can this is the area I did the cut. But again, at this level, you know, I did such a minor cut there.  You can't really make those adjustments being zoomed out. You got to zoom way in sometimes when you're trying to maybe cut one single frame of audio now that we've talked about the razor tool, which is the scissors actually by default, you're typically in what is the normal mode you have the selection tool on is typically in this really. I mean, this doesn't cut or anything. You just pick a spot on the timeline and you're there. This is typically what you want to use is the selection tool, the normal mode. If you will, I've got the Vim mentality. Just think of selection tool as normal mode. Why is it normal? It's because it's typically what you want to be in the razor tool. You really don't need to use the razor tool, even though you can. I can click on the razor tool and make a cut with the mouse. You can do that with just the selection tool being on being in normal mode. There's key bindings to actually make cuts. Let me show you that. So that cut that I had just made, if I do control Z for undo that cut, I just made goes away. Now, let me go back to that spot. I wanted to make that cut right there. And now if I do shift R on the keyboard, you see, I have that cut there. Now, wherever I want to make the next cut, I go to it. Once again, shift R, I make a cut there. And if I wanted to delete that, you know, I could use the arrow keys or the mouse, either one gets me to that track. Once I get there, the delete key gets rid of it. Then I could right click in the empty space. I can remove space and it just fits everything back together. You can also, there was an option. I don't know if you guys saw that. Let me control Z to undo by right click in the empty space. Again, we have removed space. We also have removed space in all tracks, removed space. Just removed space in this track and removes that empty space and compresses that stuff together, removed space in all tracks, meaning means all the stuff that comes behind it. Maybe I had some images and video and they're placed exactly where they need to be in relation to this track. It moves all of them forward as well. I hope that makes sense. So let me also show you guys the next tool. There's actually three tools, the selection tool, which is the one you're typically going to use, the razor tool, which you could use if you wanted to, but really there's no reason to. And the spacer tool is another one you can use. If I highlighted the spacer tool here and I grabbed this right here and I just started moving. I'm taking everything with me. You notice the clips behind me are also coming with me. Everything behind the clip I just selected is moving.  Maybe I want that video imported and maybe I want this image also to appear in the video. Now when I grabbed the selection here, you notice they all move with me when I have the spacer tool on. If I had the selection tool on, I can just move that by itself. For me personally, I don't use the spacer tool because sometimes if you start using the spacer tool, so you're changing a lot from the selection tool to the razor tool to the spacer tool, sometimes you'll have that spacer tool selected by accident and you're making major adjustments because remember it changes the clip you're on and it changes every clip past the one you're on. So be careful using the spacer tool. You can really mess up some stuff by sliding around things with that spacer tool.  I just imported some random stuff but let me start the video playback here. I'm gonna let it play for a second. And here in a second it's coming up on an image that I also imported. The image is on top of the video because it's on top of the video on the timeline. Then now we've got two videos and two audio tracks playing at the same time, which is a bit of a mess. Now I was showing you that to show you guys, sometimes when you start adding a bunch of stuff to the timeline, sometimes the preview is a little choppy. It's actually working pretty good for me today but especially when you add a ton of effects, you got some transitions going on, maybe you got some transition wipes and then you've got various images and various audio tracks all fading in and out. Sometimes the preview isn't great.  So a really neat thing you can do in Kaden Live is you can render small sections of your video so that you can check it out without having to render the entire video because say your video is a half hour in length. Well, a half hour video is gonna take me, I don't know, depending on the effects and everything, 15, 20 minutes to render on my machine. I've got a beefy machine. You've got bad hardware. It might take four hours to render a half hour video just so you can check out, you know, maybe a 10-second clip. No, you can actually render whatever selection you want from this video and how you do that. Maybe I wanna see all of this stuff, how these work together. So I pick the timeline where I want to start and I hit I and that is the beginning of this and then the next thing, then maybe the ending points right here. I go there and I hit O and I have a selection. I don't know if you can see. It's a little lighter shade of gray from there to there that is selected. When I go to the top here, go to the render button here and you could choose what format you wanna render your video in. WebM is set by default. You could change it to MP4 or whatever it is you need to change it to. By default, it's gonna render the full project, meaning everything on the timeline, the entire length of the video. But you could go down here and click selected zone. Do that, render to file. It's complaining to me because it's gonna title it untitled.webm and it already exists because I've done this before. By default, it tends to name everything as untitled unless you give it a title. So that's why it's complaining. And there's some other video in that directory called untitled and we're overriding it but that's fine. There, I just rendered that short section of video in 10 seconds or 15 seconds from rendering finished in 15 seconds. So I didn't have to wait hours for a video to render just to preview whatever section I wanted to check out. And if I wanted to, I could open up my file manager here again and go to that directory where it had the untitled webm and there it is. Let me open it and show you guys the preview here. That is the short little video it rendered. So let me show you guys some of the common things that I often do in my videos. So let me start the video preview here. The proportions of this have got a little wonky. Let me start the playback. All right, so the playback here, it went from black to the video here. That was because that's how it was recorded. I recorded this particular clip in OBS. OBS has a fade from black kind of transition but say I actually started the video here. Let me delete that and I'm gonna grab the spacer tool and drag everything forward. And now the actual start of the video, let's imagine it starts like this. It doesn't fade from black. But I want it to fade from black. Well, what I could do is I could grab the top corner of the video track and I just grab it and drag it to wherever it is. I want the fade in effect to stop. So now that I've added that fade in, let me play, you see. A really nice fade from black. Another thing I often do is I add text to the screen.  Maybe I'm just adding text to the screen for effect. Here's how I accomplish that. I go up here to project and I add title clip. And then I type something. Maybe I want to say DT is so cool. Exclamation point, that's the text. And yeah, I could play with the font phase. I could play with the font size, depending on how big I want it. Let's make it a hundred point font. And then here in the preview window, I could drag the font around to exactly where I want it on the screen. I want it, you know, toward the bottom in the center, underneath my head. I'll say now that I've got the text because the text is right here. If I click on that, we could add some more text but I don't want to do more text. I want this button here, background. We can add a rectangular background. I'm just going to draw this sort of transparent black rectangle over my text. Now you're going to say, well, shouldn't the text be on top of the rectangle? Yes, you do have a Z index here in the top right. So just adjust these numbers. So if I set it to Z index negative one for the rectangle, as long as the Z index for the font is zero or higher then the font of course is going to be sitting on top of the rectangle. I'm going to click okay. And now I have DT is so cool in this particular text, this title clip over in the project bin. Now I could drag it to the timeline and I could put it wherever it is. I want it on the timeline. And now let's play. And now you see the text pops up. Now when the text popped up and then when the text went away, that was not very smooth transition, right? It's kind of jarring. Text automatically just flashes on the screen. Wouldn't it be great if the text faded in? Well, you could do that. I could do a fade in. I could also do a fade out by grabbing the top corner at the back of the title clip. So let me start the playback again. And that was a very nice fade in for the text. And let's see the fade out. Yeah, much better. I like that already. If for some reason you didn't like what was going on in the title clip because sometimes you add it and then you realize that's not quite in the position you want. You can always go back in the project bin and just right click on it and choose edit clip and just go in and edit what you need to do. Move it or change the colors or whatever. Maybe you want to change the font color or if you can highlight the background you can go change the background color. By default I was doing black with a little transparency but you can choose whatever colors you would like.  Microphones get further away from you sometimes. If you're moving around a lot maybe doing stuff outdoors and there's a section of audio maybe that's a little low. Well what you can do is you can use the selection tool and shift R to do some cuts or you can use the razor tool to do some cuts. Maybe this short section here there were a couple of words you said that were very soft. And once you've made that selection right click on the audio track and do volume key frameable and you can adjust up the gain. 18 decibels that would have to be a really quiet clip to need that much gain added to it or maybe you want to completely mute something. I mean you can drop the gain minus 100 decibels that effectively mutes it but if you wanted to just completely mute the audio you could again right click on the audio track and for me I have mute in insert effect. I should actually talk about these effects these effects are your favorites. So these insert effects for the video I have lift gamma gain and transform as my favorites audio I have mute and volume key frameable as favorites but depending on the effects you use all the time you may have different stuff as your favorites you can very easily remove your favorites from the list and add new favorites from the list just go up to the effects here and if you wanted to add something I don't know maybe the vignette effect right click on it, click add to favorites and now that would be listed in your favorites I don't know what the vignette effect is so I'm not gonna add it I doubt I would ever use it. Another thing I often do in my videos is you guys have seen me add inline images often and sometimes I even do inline videos and what you do with that well anytime you drag another a second video clip to the timeline on top of the one you're already on you know both are running at the same time for example these two videos here so this video here is playing and then when it gets here you know the next video, the one on top is actually gonna be the one shown on screen because it's covering up this video both audio tracks will be playing together though it's just gonna be a jumbled mess as far as the audio but if you wanted to do a screen in screen kind of thing what you could do is transform the second video let me move ahead in the timeline here so you guys can see this what I would do is I would right click on that insert effect and do transform and then the transform effect you have a lot of options as far as where this video is gonna appear on the screen you have options as far as left, center, right, top, middle, bottom, what size by default of course it's 1920 by 1080 it's just you know something I shot with my camera but I could move it around on the screen I could play with these maybe I want it a slightly offset from the edge of the screen from the left maybe I also want it slightly offset from the center minus 100 and maybe for the width instead of 1920 let's make it much smaller how about 800 and now you will see I will have the second video much smaller and it's video in video all right, the audio is still a mess what I could do is actually mute the bottom audio track I could go to insert effect, mute and now I would have the video in video but I wouldn't have two different audio tracks going on so that's how you would do video in video an image appearing would be very similar so I have this image here this is just a ping, same thing I would just right click on it and I would go to transform again I would choose exactly the offsets from left or right or top and bottom and then select a size and I guess I could do that so let me pick something at random so I'm just offsetting 50 from the left edge of the screen and 50 from the center of the screen and we will make this 500 pixels and there is the image all right and that's kind of neat but a lot of times again with the image in the video or a video inside a video you do want some kind of transition so I might do a fade in and a fade out on the image fade in on this video now let's see those so there was the fade in there was the fade out and here comes the fade in or the inline video that's playing yeah very nice one effect people often want to do is they want to speed up or slow down a video especially for like this inline video that I added I took away the audio track from it it's no audio going on so wouldn't it be cool if whatever I was doing in this video I sped it up like a by a thousand percent or something how you do that in Caden live is go to the end of the track so if I go alt and then right let's move along and get to the end of that track and what you do you can do a control and grab the end of the track and when you do that you can adjust the length you will see the percent sign on the track let me move ahead in the move ahead in the timeline a little bit control, grab the edge, drag it and you guys see on the far left the percent sign it says a hundred and eighteen hundred and twenty hundred and twenty five hundred and thirty that's how much we have sped up the track now if you don't do control and you just grab the edge of the screen all you're doing is basically cutting a video so like this audio track down here if I just without control grab it with the mouse and just drag all I've done really is just cut cut that's basically the same thing is doing a cut and deleting that but control and then adjusting the width of a track actually speeds it up or slows it down so I'm just going to keep dragging that I'm going to zoom out because I'm going to adjust a lot here I'm going to do a control grab the edge of the screen and we're going to speed that video up about eight hundred and nine hundred percent and now that I've done that let's see how that transition looks in the preview window there's the image here comes the inline video and it's going to be sped up by a million percent see how fast I'm talking in the inline video things are just flying by yeah pretty neat effect and really that is most of what I do with my video editing I mean I've shown you pretty much all the tricks that I do as far as adding title clips adding inline images inline video speeding up tracks adjusting volume by the way on the audio there's also effects for normalization if you need to clean up your audio edit your audio a little bit in CadenLive you can do that I don't often play with that stuff as typically if I need to edit audio I'll actually take that audio track and put it in something like Audacity and clean it up there which you certainly can clean up your audio a little bit inside CadenLive some other final thoughts on this short CadenLive tutorial you know CadenLive does have a steep learning curve like everything I showed you in this short video took me a long time to learn and there's so much more about CadenLive I don't know again I have some very basic needs I've only learned the stuff that I've needed to learn I don't do a lot of crazy stuff with my videos so I've only just barely scratched the surface with some of what is possible with CadenLive the other thing you should consider also is render times render times do vary if I go back to the timeline here if I only had a single video and audio track here and then clicked render the render time is gonna be super fast but now that I've added some fade-ins and fade-outs and the transform effect and the inline images and the inline videos even though I haven't done a ton of stuff I can get a lot fancier than some of the effects I've done here the more effects the more layers of stuff you start adding the longer the render times take so that is something to consider in closing I do want to tell you guys this CadenLive it's free as in cost but let's not take advantage of the developers of this fantastic piece of free and open source software think about the money you save by using CadenLive you didn't have to spend hundreds or in some cases thousands of dollars in licensing fees on proprietary alternatives like DaVinci and Lightworks and things like that so think about that think about all that money you save can you guys please go to the CadenLive website it's very easy to donate to the project give those guys a few bucks give them 50 bucks, 100 bucks, whatever it is again think about the hundreds and some cases thousands of dollars you saved by using this fantastic piece of software please donate I'll try to link to the donation page from the CadenLive website now before I go I need to think a few special people I need to think Michael Gay, Pablo Nacorpini and Mitchell Entropy UK Sean, Arch5530, Chris Chuck, DJ Donnie, Dillon, George Lewis I'm Ray Paul, Robert Sean, Tobias and Willie they are the producers of the show they're my highest tier patrons over on Patreon I also need to thank each and every one of these ladies and gentlemen as well this very lengthy list of names which is way too long for me to try to read out but sincerely each and every one of you thanks for your help supporting me over on Patreon because this channel is sponsored by you guys the community you'd like to support my work you'll find DT over on Patreon all right guys peace