Aloha, welcome to Think Tech Hawaii's Movers, Shakers, and Reformers Politics in Hawaii series. I'm your host, Carl Campania. I am proud and honored to have as my guest today Hawaii State Senator Lorraine Inouye. Senator Inouye currently represents Hawaii's fourth district on Hawaii Island. She's an experienced legislator who formally served in the Hawaii State Senate for 10 years from 1998 to 2008. Additionally, Senator Inouye was Hawaii County Mayor from 1990 to 1992 and was elected to the Hawaii County Council from 1984 to 1990. For the current 2017 legislative session, Senator Inouye is the chair of the Senate Transportation and Energy Committee and is a member of both the Water and Land and Ways and Means Committee. Please join me in welcoming Senator Inouye to the show. Thank you for joining us. Aloha, Carl. My pleasure. Please tell us more about your district. Okay, well, before that, let me share something else that's missing there. My political life started off as I volunteered to serve on the Hawaii County Planning Commission in the 70s. So from 74 to 1979, and I served as the chairperson during the last year. And so having the experience serving on the Hawaii County Planning Commission was my first experience. However, I do want to say that during that time, our commission is the one that had set the environment for Hawaii, whether it's for jobs, new industries. And let me say what we did was we did the rezoning for the entire North Hawaii where the hotels are. Okay. When Governor Burns had built the Queen Kahu Manu Highway to connect and between the West Hawaii and East Hawaii side and from Waimea, Kauai High to Kona, there really was no connection. So he had the foresight, built the highway and we had nothing there. Wow. And our commission to cold and the opportunity for the developer Waikaloa land industries to rezone the entire region. And today, don't we have the diamond in the rough? Absolutely. We have beautiful hotels. We have jobs there available for our people. And we have the opportunity to receive all our visitors that come to stay on the big island. Exactly. With two airports? Two airports, yes. At University of Hawaii. University of Hawaii. Yes. And so much opportunity. Because I myself have worked, there are some projects that I've worked on on the Kona side. And there's so much opportunity to build and grow businesses, industrial businesses as well as potential manufacturing. My message when I was mayor to the people of Hawaii throughout the state that Hawaii island is the future for the state in terms of growth, population. We're too crowded here on Oahu. Absolutely, we are. Yes. I have a condo here. I love it. I have a place to stay to do my people's work while I'm here at the legislature. However, we have room to grow. I've always said that. So there's opportunities for all sorts, including astronomy in my district. You did ask me. That's a big issue. That's a big issue. So we'll get to that. What's your district for? Yes. Okay. We had the opportunity to add one more Senate seat because the Hawaii island before the last reapportionment, we had three. And because of the last reapportionment, we found that the census had, the census told us that Hawaii island increased by 25%. And so Oahu lost one Senate position. And because of the increasing population, so we were, we got the, so you lost a Senate seat and we gained a Senate seat. You gained one. Yes. That makes a lot of sense. Exactly. That makes a lot of sense because what I saw happen was I'm currently living in Senate District 14, but in 2010 I was Senate District 13. And that change happened as a result of all of that. Yes. So with the redistricting, and so I used to be the Senator for East Hawaii for Senate District 1. However, I was absent from, you know, I left in 2008 to run for mayor. Of course, I didn't win. I lost to Mr. Kenoi at that time. However, having said that, but my constituents wanted me back. And so I decided I'm going to run again in 2014. And so having said that with a new district and a new Senate seat, my district runs, if you know how the map is, you have Hilo here and Kona. Right. Okay. So it's right. We're seeing it opposite. Yes. Okay. All right. Kona. Yeah. Hilo and Kona. Right. So my district is only five miles out of Hilo, so where the surf spot is Honolii. And we go down to the map where Mauna Kea Mountain is and Saddle Road going into Kona. And all of that north is my district. There you go. So I travel 200 miles one way in my longest distance. Wow. I have the largest geographical district in the state. However, because of, you know, we're so large that our population is spread out. So I do travel a lot to address my constituents. So I have all the Hamakua coast, I have North Kohala, Waimea, Waikoloa, and parts of Kona. My family has a farm up at Kola-Kola Beach Park. Ah, that's in my district. That's in your district. Yes. Yes. So yeah, they have a macadamia nut grove, and they're trying to grow all sorts of things in Hawaii. Yeah. Everything. And the Hamakua coast where your family grows, it's rather interesting because it has the best soil. So if you're in downtown Hilo and Wailuku River south, heading towards all of Hilo, going to Puna. Yeah. And the geography are more rocky. Yes. Wailuku River north, going through the Hamakua coast into Waimea, North Kohala, are all dirt. It's very rich. And so rich, rich soil. So yes, everything we put in the ground there grows and the amount of rain there. My son and daughter have a farm in combination of seven acres. So they grow lychee and longan and native trees and native flower. That's great. Yes. That's great. Wow. Wow. Spectacular. So you are invested personally in your district and the people of, say, you are mayor of the entire island. So you have a lot of constituents who know you island wide. That's got to be, that's got to feel like an extraordinary responsibility, I would think. So that's one of the things that I always appreciate when we have a legislator, when we have a mayor or a governor who really understands how to give back. And you've made this comment before. It's all about what the people need. Exactly. Right. Tell me about where you come from with that, because I think that's wonderful. Yes. Well, you know, anything that we do in government, and I'm there to do the people's work, whether it's for my island, my district, but the statewide concerns that we need to address as legislators. So having said that, anything that we do in bills that we introduce, we all have to recognize that what we do must be in sequence that everybody enjoys. Though we do, when we look at education as an example, we need a new school here, we need a new school there, where the population is. And that's our job to have the outlook covering and creating, making sure that everybody in the state enjoys. So having said that, being chair of transportation and energy is exciting. I enjoy the work never before in the Senate has one person addressing the two committees, but I guess maybe because of the experience as, you know, former mayor and former council person that, you know, the experience helps. However, it's the issues. And I enjoy transportation because it oversees my committee as chair as well, works well with DOT, and the three components that make up the department. So we have the highways, we have the airports, and we have the harbors. And having said that, that's all part of Hawaii Island as well. You know, we've got two airports, we have two harbors, and, you know, just enjoying our state. You also have every possibility of renewable energy. Exactly, exactly. On your island. And that's, yes, yes. And that's an important thing to understand as well. Everyone wants to go to that island and, you know, the undersea cable. And I think, yes, Carl, you know, and having said that with energy on our island, and I don't think people really know that, that our renewable goal, though, that we all had said, that by 2045 we need to reach 100%. However, our total renewable for the state, I don't think we even reached the 30% yet. However, Hawaii Island already has renewables up to 50%. So we do have everything. You know, we have geothermal, we have wind, we have solar, we have hydro, I mean... Yes, absolutely. And you also have, speaking of hydro, you have hydrogen plants that are being built up there as well. And that's one of the ideas that's being looked at, I believe through HCAP, in order to provide alternative fuel options for our vehicles Exactly. And of course, you know, then with how we move towards to where we want to go to, that biofuels is very, very important in part of the conversation. Yes, and we know there's a bill out right now, the Senate Bill 237, your bill that you introduced. Exactly. I'm very happy to have helped with that bill. Exactly. And doing everything I can to bring a lot of attention to that. So looking forward to more conversation on that. We're going to have to take a quick break in a minute, so I don't want to jump into a big topic. But I wanted to again, thank you for coming on the show. I'm looking forward to our next segment. We're going to talk more about the legislation that you're working on right now, where you think some of the focus could or should be going forward. So I'm looking very much forward to this next segment. Please join us. This is Think Tech Hawaii's Movers, Shakers and Reformers. I'm your host Carl Campania, our guest is Senator Lorena Noe. See you in one minute. The room is called the Governor's Ceremonial Room. And this is where he signs bills. This is where he presents proclamations. This is where students come to learn about the government and how things work here. And so this is really where a lot of things happen. So how things work. So a bill that starts somewhere else in the house, and then it goes to the Senate, and then it goes wherever, and then finally here. So Right. So let's just play it out. Let's say there's a bill 123, HB123, and it gets passed by the House to the Senate. The Senate amends it, so it's now HB123 SD1. And then it goes back. Let's just say that's where it ends up in the Governor's desk. But before it gets there, that bill has to go through a rigorous departmental review. So the Attorney General's Office has to look at it and make sure that it complies with all legal issues. Then the department has to look at it to make sure that it complies with all of the directives that the department is working on and that there's no conflicts, right? So once it passes legal review, department review, then it comes to the Governor's desk. And the Governor then has to decide whether he's going to sign it, whether he's going to veto it, or whether he'll let it become law without his signature. How does it become law without his signature? If by the appointed date it is neither signed nor vetoed, it becomes law without his signature. Welcome back to Think Tech Hawaii's Movershakers and Reformers, politics in Hawaii series. I'm your host Carl Campania. Once again, welcome our guest, Senator Lorena Noe. Thank you again. So okay, let's jump into some legislation. We're just having a really good conversation. This last minute as well, we won't go into that, but my brain is still rolling on that one. But the legislation is currently being worked on. You mentioned the biofuels bill, and there's resolution coming as well. And there's a number of things from that side. There's also energy and storage bills that are being looked at. There are tax credits. And so this all entailed, and that's just energy side. It carries over a little bit into transportation side, how some of that really falls in. From the legislature's perspective, I'm going to start with this question. From the legislature's perspective, we see the intense focus that has been put on trying to address our electricity bills, absolutely necessary and important. And when we're talking about 100% by 2045, we're talking about electricity. Now as we're beginning and where the biofuels fits in is how we're trying to address the other 70% of the barrel of oil that comes in. And there are a lot of ways to address that. So from the legislature's perspective, how are we, what are some of the concerns that have been voiced with regards to addressing that other 70%? Well, let me say that, and I can talk about my goal in the Senate. I can speak for the House, but the direction that we're working through. Having said what you said takes us to a path from what has been transpired with reaching our goals on renewables, what we did last year. But I'm focusing this year on energy storage, energy battery storage. And thanks for your help as well. And biofuels. There are other bills that is before me, which I am kind of putting aside for next year because we all need to understand that this session is a biannual on budget as well and programs. And so whatever bills we have this year that if we don't hear it, it turns over, it's transferred to next year. So it's not something that I will say we will not carry over that we won't do at all. So having said that, my concentration this year, because of the decline that we have right now with solar and PVs, however going to the next stage, I believe, and the support and what we need to do for the industry, for those in the energy industry, for those that have already set the stage with PVs, we need to ensure that we don't overcrowd our grid supply. So I'm concentrating on and we have several bills and several bills that will come over from the house as well. And I think we both agree that we need to at least address energy battery storage this year. And that's my goal. Okay. And so there's your bills include a couple of categories, including some tax credit or rebate or rebate as well as well. Actually, I'll let you do that. Okay. There's another piece that's rather important because we all know that we do have our tax credits that we enjoy now with regards to solar, to wind and everything under the sun that on the 35%. Now the federal on the federal level, they've changed that. And so they have a ramping down to what six year periods? I had a bill last year, which I have for this year as well. We need to start ramping down and not taking too much out of the state coffers because tax credits come, we're taking a lot out of our general fund. And so because of the decline and because we need to address the energy energy storage systems as well as how we're going to then give credit to our energy storage. Right. And so having said that, I hope that the money committees this year would understand what we're trying to do. So let's ramp it down and also make sure that we address how we're going to do the tax credits and or a rebate for energy storage again. And we need to do that. Agreed. It's an important thing to understand that the when we first initiated clean energy initiative in 2009 and it began to roll, the industry got huge and there were jobs everywhere. Exactly. And it was spectacular. Pricing for all of these systems for all these PV systems was high. That pricing has dropped so far it has become more like a commodity compared to what it was when it began. And that was the intention behind the tax credits was let's provide this, let's create the opportunity to ramp it down. Right. So now, now that the pricing for that is on now, now the big price is still the battery. So now how do we shift the focus right storage capabilities? So now it makes sense. If you look at it from that perspective, the commodity part came down. Now this part needs to need some support. So now let's shift some of that over. Exactly. And I think maybe I was a little too premature last year because I don't think people understood what I was trying to do. But so having said that, then visiting it this year and knowing that we need to keep the industry alive, you know, because people lost jobs. Exactly. So now a lot of jobs were lost. Yes. A lot of jobs are lost. A lot of companies that I've worked with, they would have 10 crews, which means probably 40 different people out there working. They went from 10 crews to two crews. Exactly. Jobs gone. Huge, huge problem that your bill is trying to bring back and close. Some of them have gotten smaller. Businesses have closed, which causes maintenance problems for a lot of these. Exactly. Maybe we can go into that. But when we look at the bills, it's not only addressing energy storage for residential. So it addresses, you know, the commercial utility scale as well. With regards to biofuels, the bill I have is to make sure that we give direction to D-Bed, that they do the study to see how we could facilitate. And actually, to me, I'd like to be that process in place now. Yes. But we can't. I mean, we should have a plan. There's a lot more. We have a lot more. And more input from those that see, you know, biomass, biofuels, and see what's out there. Exactly. And so if we do the study, then at least we have a place. Let me offer something. I am fortunate enough that this last summer and fall, I got to work on creating a part of that study, a piece of that study for Pacific Command for Paycom, for the gift pack program. And that's green initiative for fuel transition program for the Pacific. And that was all about creating that supply chain model. What we would need here in Hawaii to have Hawaii be a biofuels center. So that study has begun. Also, HNEI has spent, and Scott Turn and Susan Crow has spent a lot of time developing huge portions of that that are necessary to better understand that path forward. And some of that studies exist right now in D-Bed. So being able to bring all of that together and build a program is what you're trying to... Exactly. And so as we move to the next session, next year, that study should be available for us then telling us where we're going and how we should move and what resources we need. Exactly. Exactly. And so we need the...  We're not connected to the mainland. That's right. And so even if we're part of the USA, we need to sustain ourselves. We need to be self-sustaining. Yes, exactly. The number I have in my head is in 2015, the state spent $5.7 billion on imported oil. I think it went up in 2016. So that's a lot of money that leaves the state. Well, having said that, so my next goal, hopefully next year, I know there's some bills looking at transportation because we know that transportation at least is part of... I think there are more like 80% of petroleum. And so looking at transportation systems, what we're going to do? Are we going to concentrate on electricity, EVs for transportation? But you know what I'd like to see? I'd like to see options. We need every option. We need every option. And my goal is first on the government side is to look at experimentals with our State Department of Transportation and the vehicles that they have statewide. Absolutely. So the state fleet. Exactly. Exactly. I know that I got to participate in a couple of forums that included the director, Ford Futugami. Yes. And he agrees completely. Yes. And he's looking at a number of different ways to try to achieve that. Well, see, and then talking about charging stations is another topic this year. So what's important, though, and I have reservations about the process, how we're going to proceed, because I know that what's before us as well is on EV because it's a specialty. I mean, people have a choice whether they want to remain using gas. Right. We have opportunities to use, to buy EVs, electric vehicles. So who puts in the charging stations is where I have a stall? Is it government that does it or the industry? Is it a commercial thing? Is it a commercial? Yes. And so we need to kind of work along with ideas, opportunities, but let's remember what government is there for. That's right. To take care of the health and safety of our people. So when you know it's the resources go in different directions, we really have to rethink what we're doing. That's what makes your job hard. That's why we need participation from the industry. That, you know, you need to pay your fair share. That's right. The stakeholders need to be involved in the understanding. There's not just your benefit. It's the state benefit. It's the people benefit. Exactly. So okay, so to summarize, for your agenda this session, you're looking at for energy. For energy purposes, you're looking at tax credits and perhaps readjusting some tax credits and focusing them on storage, batteries. As well as rebates or rebates. Exactly. Exactly. As well as biofuels. Exactly. And so from an energy perspective and carrying over a bit in the transportation, that's what you're looking at and how you're trying to move along this session. Yes. Now on the transportation side though, we all know that my committee also needs to address our rail. So we're working on that. And so I'm a big supporter of making sure that we complete the rail system. I was here in 2005 as chair of the transportation committee that did the first pass to allow the city and county to raise the GE. And so I was there and I'm back here again. And so I had the opportunity then to extend the rail three years ago again to detect the excise tax. But we're here looking at how we're going to proceed if we're going to take care and address the sunset of raising the GE for city and county in perpetuity. And so that's a challenge we have before us. It's a big challenge. I would love to help with that as well. I've got construction background and I see what's going on and I would love to help us. So please. So thank you. Unfortunately we are already done. And there's another hour. Please. Yes. Let me know. When we're down with the first pass. Perfect. Before crossover. Okay. What builds our life. So April. Let's come back in April. Okay. Okay. Thank you. Thank you so much. And thank you for joining us. Thank Tecawise, Movershakers and Informers. Thank you to all of the staff and crew. We'll see you next week.


otes that tell their own story in a way that no one no one else can we can write about anyone else so that's the challenge Nili so many members of the kibbutz and we keep on trying to explain to our foreign audiences what a kibbutz means such a powerful strong community and all of a sudden you had to bid farewell to dozens of families and all men can't even describe that there were days with 17 funerals some of them parents and two kids and some was one day was a grandmother and their son and a granddaughter so this is overwhelming and there were because we cannot bury the people in our place because we are all refugees by now temporary places and they were they were in succession one hour after another and this was this was incredibly difficult for everyone because it was so intense and families and friends and all over the country and some it cannot be described in words I think because because also in some of the scenes they were still using bombs around and the noises all around yeah you had to bury your friends while the war is still ongoing yeah that's not easy tell and the yes please Nili keep on going yeah I don't know you can't describe this I think in words it's only if you take pictures of that or if you videotape then you can see you can see the amount of flowers and the amount of people crying and also there are styles in that you know it's not not all the families take it in the same way so although it's in succession but each funeral is different so to that point yeah exactly and tell to that point you are forced to find words and I know it's a tough one and yet I think that what I would like to ask you the most is what makes a person who is what makes his life his own and what makes his death his it's a very challenging question especially when we're referring that tragedy so many people die in the same day can tell you that I asked myself what would be meaningful for the same individual for each individual that we are writing about for example one of the person I wrote about was a religious as a child and the last one of the last thing he did before he died was putting a Torah book on his pillow just before he died and that was something that I felt was meaningful because it relate to his own history and biography I tried to look at specific issues that makes this person unique for example someone else was color blind and that really shaped his entire personality he could combine different shades that no one would think they are matched and that was a huge part of his the way he looked at himself and the world and that was a part of the eulogy so we tried to go for the specific issues and anecdotes that tells someone managed to portray his life story and his character and you've mentioned the word history and in this respect I don't think it's for us it's not for us to attach meaning to other people's lives it's for us to describe them and to show who they were and the story is enough I think you don't have to it doesn't have to be something you know a lesson for the future generations it's just one person no heroes and no ordinary people like that ordinary people so I think it's enough that we take a picture of who they were and respect that to honor them that way and before we thank you both we cannot ignore the historical gravitas I would say of this moment these obituaries will be remembered for eternity not just as personal stories but as stories of this nation to what extent did you feel like a historian Tal? well I really agree I don't look at myself as a historian I look at myself as a storyteller and I try to tell the story in a way I I examine it in the way the beloved ones of each individual look at it and I think I really agree the tragedy here is there are so many different stories and our goal was to portray it to tell it as accurate as we can and hopefully we did the best you did very well you did very well I can tell you that because I know the people and I know you did very well thank you so much and really I can't it's really the least we can do as writers as people in this country right now to help in this terrible tragedy that's really still impossible to describe yet and yet you were hesitant using this word to describe how you feel at the beginning of the conversation and you had the privilege to be part of the final phase of their journey Neely before we thank you would you like perhaps to share a month on what keeps you going I'm not sure I know but I think it's being a part of a community that's very strong and very empowering and this is where I belong and I have I take part in whatever is necessary now so this is what I do sticking together this is what keeps all of us going Neely Balsini we're sending a big hug from here thank you so very much for speaking to us we appreciate it tell me thank you very much for coming thank you for having me yes and we will take a deep breath now because next video you're about to see we'll probably continue to resonate for a while if not forever it beforehand mother is it okay now to cry yes girl yes thin hands yes now it is time to cry yes an angel of plucked lashes and hair yes now it is already allowed you were obedient and wise and in the dark you did not cry and even so no ear would hear you grew your teeth in silence I will testify how you tore the sea again apart look at how in a tiny vibration the first glee sparkles in your eye this is a part of a poem written by arguably the greatest Israeli poet Nathan Altelman after World War II based on one of so many such stories of a little girl who was hiding with her mother for so many years Jewish children were not allowed this country was founded so they could so they can be children on October 7th once again Jewish children were not allowed to cry mama bear said and covered his eyes the baby yelled in fear don't worry little one mama bear is here they're getting near I'm on it my love mama bear is here we're joined now here in studio by Gilly Dolev creator and co-director of the mama bear movie we we've just watched Gilly thank you so very much for coming it's not the first time I'm watching it and yet every time it hits again I think that many of us felt like Roberto Benini and life is beautiful trying to mask the horror with some childish tenderness and here it's the exact opposite it's this pure moment of a mother tucking her baby in and how did it all come to be so I think first of all just talking hearing the previous two guests talking is just like so powerful and I think if there's a glimmer of hope in all this is like how people come together and the great sense of community and this all mama bear happened because of a lot of great people great artists like TV execs felt the need to do something and to give voice to those who don't have a voice at the moment and especially the kids held in Gaza and the rest of the hostages a good friend and a colleague of mine Ila Pachter who was still is accompanying one of the families who have kids held in Gaza she felt with a very sort of strong instincts that animation will be able to deliver a message in a way that will be different and in a way that will be heard maybe above the general noise and so she mentioned the idea to me and I think we brainstormed it for 15 minutes which is shorter than anything I think I've ever done before and then we involved Shirley Oran who is a senior TV exec in this business and we thought about it a little bit more and then I just pretty much approached a lot of my friends are also artists and animators usually work on you know preschool shows my background is directing and creating preschool shows I've recently directed coca melon this could not be more different to something like that and Peel Animation which is a great Israeli studio of her insurance because it came bored and contributed all the time and efforts and people who work in the studio along with animators from all over the world yeah all recruited we've seen this across the board in all sectors of Israeli society from all sides why bears and not humans that's a really it's a great question we started off when I first thought about it I thought about a mother and a son with wolves coming into the house just all idea of a fairy tale gone very wrong like the green brothers and with the wolves and then when I was talking to Leor as a storyboard artist about the idea he said like maybe they should all be animals and I thought that was a great idea and I felt like bears and the idea of a mama bear protecting her cub resonating a way that we all understand so to an extent to make the story even more human you had to make it non-human you phrase it in a much better way than I've ever sort of articulated it it's exactly that I think when something animation as a medium is great for you know for doing something with a little disguise that you don't expect and then kind of like going you know for like the soft spot and I think it catches you off guard and I think that's what happens you don't expect it it starts with a very gentle voice and you think you are kind of in for this kind of fairy tale and very quickly it goes like the visual language here is like a classic children book and then it hits so and that was exactly the purpose and Asha Semenhoy was the art director and the designer who designed this like we talked very early on about the idea of creating a picture book and because those picture book visuals that you know every parent kind of reads to their kids before they go to bed and now those kids are in Gaza they don't have that and it's something that just like again we all understand and it resonates and it cross cultural as well so people in Israel people abroad they should all understand it on a basic human level. Yeah so we do want to take a quick look into your next project taken. Gilly tell us about this Nautilus Sharking. So the idea here is trying to give a very specific voice to the hostages in Gaza by taking their individual videos and from you know again every day sort of activity those are real home videos of the hostages and having a moment where they are literally gone so we and the team is to create one for every hostage held in Gaza and we're working with with Ilanid Chervigotsky and who's helping make contact with all the families because we get the consent of everyone in Shilio Avib Ali is doing the music and the Ministry of Foreign Affairs is already on board to help distribute it. We do hope that they will use it in all their platforms of course what feedbacks are you getting so far? So on Mamaba it certainly hit a nerve I think it touched a lot of people in Israel and more importantly in a way because it's important to touch people here but we're all in the same camp I think there's such a wave of anti-Semitism at the moment and what we can do is trying to get people to understand the scale of the horrors that happened here and we're dealing with people exactly like them it could be the brother, the child, the sister mother, father, grandparents exactly so that's the only thing we can do we just hope that their voice is heard and brought back home as soon as possible. Very soon you will go back to your ordinary job of making kids happy. Thank you very much. Thank you very much for coming here. We appreciate it. Thank you. Thank you for having me. Now brothers in arms it's not just a term not mere lip service. If this month taught us anything is that the


The abstract summarizes the research conducted on the structure of the CDK2, cyclin-ACKS1P27SKP1SKP2 complex. It explains how the structure of this complex was obtained through cryo-electron microscopy and how it supports previous analyses of the dynamics of PE27. Additionally, it discusses the importance of the flexibility of the complex in order to understand the regulation of PE27. This article was authored by Rihanna J. Rowland, Richard Heath, Daniel Maskell, and others.


Hello, welcome to NewsClick, you are watching Present Past in the Future and I am Nilanjan Mukhopadhyay. There is actually nothing wrong if in the political lexicon, new words get added. In the last five years, however, we have a new word in the Indian political lexicon. Now, bhakt in Indian politics for the last five years essentially means somebody who is an admirer of the Prime Minister, Narendra Modi. An admirer I am using this word, not somebody who is a supporter. The difference between being a supporter and an admirer is that an admirer is supposed to be blind. A supporter can be a qualified supporter. There is a tradition of personality cult in Indian politics. However, the BJP, the Bharti Janta Party, was spared of this right from the beginning of its origins, whether as BJP from 1980 or even previously. In the last five years, however, there has become a fashion within this political party to destroy internal democracy and glorify and defy the leader of the party. It is something unprecedented and not very good for the culture of the party, but that is besides the point. Now, when we talk about bhakti, there is a long tradition of bhakti in Indian culture, in Indian mind space. It has evolved, but what we are seeing now is a kind of a vulgarization. What does this show of us as a nation, but more importantly, what does it show what is happening of Indian political leaders who like it when they are glorified, when tables are thumped in their names in most important institutions of this country, most significantly in the Indian parliament. All these is happening in a very unprecedented manner. Now, to discuss this with me, I have today Professor Harbath Mukhiya, very noted historian. Professor Pushotam Agarwal, who is also possibly requires very little introduction, somebody who has also studied bhakti from the critics point of view. His PhD, if I am not wrong, it was on bhakti. So, let me begin with you Pushotam. You know, when we use this word bhakti, it is used very loosely in a political context, but there is a certain huge cultural and spiritual context in the Indian tradition. Could you start by help by locating the idea of bhakti and as to how in the process of vulgarization possibly? Well, if you go into the historical evolution of the idea of bhakti, initially the term bhakti or the term bhakti denoted a sense of participation and sphere. If you go by the nirukthaphyask, there Indra, Agni and Maroth and Varon, all the Vedic deities, they are described as bhakti of each other. Because when you offer something in offering, in a yagya, you offer it in the name of Indra, but then Agni has also his sphere into it and so on. So, Indra is Agni's bhakt and Agni is Indra's bhakt, which means that they are participating in the glory of each other. If you look at Panini, which is slightly later than Yask before Christ, Panini actually defines the use of term bhakt as not someone only devoted and devoted to God, but as someone who loves maybe a dish, maybe a city. So he mentions bhaktap Mathura as well as the bhaktap Krishna and Vasudev.   You can be even bhakt of a person. Yes, of course. But essentially the idea was participation, that was the dominant idea. But to cut a very long story short, historically by and by this idea of participation was marginalized and sidelined and the idea of devotion to a king, to a god, to a cult, to a figure, it evolved. The important role played by the so-called medieval bhaktas starting from Namdev was to reclaim the original idea of bhakti, that is the participative nature of bhakti. And that is why Anant Das described Namdev as the first bhakt in Kalyug. Mind you, first bhakt. I mean Anant Das was aware that Kalyug starts with the end of Mahabharata but he does not count anybody as bhakt in this whole period. Namdev according to him is the first bhakt because if I quote Kalyug prathama namdev bhaiya kesa apne kar kar lehiya Namdev is the person who has kesa in his hand, who controls kesa. So this is the old sentiment of participation. Now when a word like bhakt comes into the political sphere. No, no, I am coming to context. So this was the idea of participation. And not only amongst the near-gold bhaktas but the supposedly conservative bhaktas, the second bhaktas. They are also, one thing is very clear Nilanja. Bhakti does not come without Vivek. Bhakti and Vivek, these are two qualities which they require of a human being. Whether it is Kabirdas or it is Surdas or it is Meera bhaiya or whosoever. Now the current bhakti, the kind of bhakti we are talking about, it has a clearly antagonistic relation to any kind of Vivek. That bhakti was not possible without Vivek. But here you have to negate Vivek. You have to first of all surrender your Vivek. To express bhakti you have to surrender your Vivek. The kind of bhakti we are talking of today, the first condition of that bhakti is to surrender your Vivek. The first condition of that bhakti was to sustain your Vivek. Even if you are supposedly conservative in certain social matters, that does not allow you to completely surrender your Vivek and to justify everything which is offered to you. I mean Tulsidas is also quite critical of certain things which he does not like. He is supposed to be the most conservative of all of them. But he is very critical of our social system which leads to poverty, to hunger, to famine and all that. Let me get in Professor Mukhera on this. What we are talking, we are seeing it in the historical context. Within the political sphere, it is not that what we are seeing now is happening for the first time. If we actually start saying that the warning signs, that we should not really start deifying political leaders. This is something the warnings were set first by Jawaharlal Nehru way back in 1937, when he wrote that famous art. He said the intolerance of others in a certain contempt for the weak and the inefficient. This is what he wrote about himself. There is this also very important speech which was given by Dr. B. R. Ambedkar in the Constituent Assembly where he says in India Bhakti or what may be called the path of devotion or hero worship plays a part in its politics unequaled in magnitude by the part it plays in the politics of any other country. Bhakti in religion may be a road to salvation of the soul, Prushotham, as you were saying. But in politics Bhakti or hero worship is a sure role to degradation or eventual dictatorship. If I may have seen Lohia also, Lohia also was very critical and he actually said that this country has been traditionally a country of Pratimapuja. So now we construct, he was obviously referring to Jawaharlal Nehru. So we also construct the Pratimapuja. Professor Mukhiya, but there is a difference between what we are talking about even within the political sphere and what we are seeing in the now. How would you say that are the essential differences and as to how this will become more vulgar? You know, before I come to that, I think I like to, although we are discussing it in the Indian context Bhakti or devotion or loyalty, these are not specific to a particular space or time. These are quite universal, you know. And I think one quick distinction I like to make between the devotion or what we might call Bhakti in the western concept and the Indian one is that, for example, the great French historian Mark Block once wrote that when you go to the church and pray before the Lord, you bend your knees and even now there is a sort of plank where you can bend your knees and pray to the Lord. He says that this is a replica of a vassal praying to his Lord, submitting himself to the Lord and praying to him to accept his submission.  And which is, as Purushottam was saying, which is in a way antithetical to any kind of thinking of your own, any question of your own. You have to submit yourself completely, totally. The Indian context, it's very interesting that Bhakti movement as we call it in the medieval Indian context it came as a liberating force rather than an enslaving force. The one that Mark Block is talking of is enslaving. The one that we are talking of in the Indian context is liberating. It liberated, in a way it was probably the first democratic movement in medieval Indian history or probably in Indian history before the national movement and so on. So that it liberated. Now it liberated partly or largely as Purushottam was saying that it doesn't lead to the surrender of your thinking, of your Vivek. But it's a Bhakti grown out of your own thinking rather than your unthinking devotion. It is not demanded from you. It's not demanded from you. Secondly, here is a devotion not to a person but to God, to an idea of God. What it has turned into, not now but for a long time is devotion to a person, to an individual. And it is this devotion to a person or an individual which has now come to a stage where we have this very meaning of Bhakt has changed. The very meaning of Bhakt has become a Bhakt of Narendra Modi. How has it come about? You have the word called Modi Bhakt. People are proud to say, I am a Modi Bhakt. You don't even say Modi Bhakt. You know Pellaj Nehalani who was one time the head of the CBFC. He said that I am not ashamed to be a Modi Bhakt. Yes, several people said that. So it is now a statement. Let me just ask you. It's so significant that we are having this discussion just a couple of days before Smriti Radi made this very famous statement. The day Narendra Modi hangs his boots I am going to retire from politics. Now what does this reflect? At one level this is also Bhakti. But why is it coming up? To my mind there are basically three reasons for this which is happening. One is that the university in the political process, all political parties, you have this universal emergence of the high command. In certain parties it is much more strangulating than in other parties whereas in other parties it is slightly possibly less. Then you also see in parties which were known for organizational structures existing. BJP for instance was categorized before it came to power in 2014 for the existence of a collegiate style of functioning within the party. Now it is being destroyed. 2015 LK Advani and two other senior leaders wrote this letter demanding inner party democracy. It has not been answered, no questions have been given. Also most importantly is that you do not have any more ideological debates within the parties which is what leads Smriti Rani to say she is in the BJP not because of the ideology of the BJP but because of Narendra Modi. Now this is your Bhakti in a very vulgar form which is existing in today's politics. Well, to continue with what Professor Mukhiya was saying that Bhakti for those people in the medieval or early modern period was focused on God, an idea. Whether in the form of an incarnation or in the form of nirvana or whatever and it just brings to my mind a very famous line from Tulsidas which would be rather very fitting description for the reaction of Goddess Saraswati to the statements made by like Mr. Nelani and Ms. Irani and the chopa is like this prakraj janu ki ne gun gana sirdhun gira lagi pachitana when people start adulating the ordinary mortal beings the Saraswati, the goddess of learning, beats her head and repents that what is happening in my name. So let us keep this distinction constantly in mind. Now about, you see, yes there has been high command culture in other parties there has been centralization. Specially from the time Indira Gandhi came and started change the culture of Congress. But let me remind you one thing in the long term. After Indira Gandhi in Indian politics at least and outside communist establishment it is for the first time that being critical of Mr. Modi is equated with being anti-national. This is remarkable, this is very remarkable. To give their, to give them due credit you know me and we know each other for so many years. Indira was India and that is what I am telling you was just in a slogan but here it actually it is in effect and I am talking of BJP itself. I mean I have been active as a commentator or as an academic for years I had occasions of criticizing Mr. Vahri Vajpayee, Mr. Lal Krishnan one and every other political party. And I was never called anti-national for criticizing Mr. Vajpayee or criticizing Gandhi. Dissent has been delegitimized in this particular regime. Dissent not has been delegitimized, it has been demonized. It has been demonized. I mean if you are critical of a particular individual it is exactly what Tulsi Das would really repent.  That is the best part of it. I see it actually as a part of what shall I say a displacement of an old structure of polity by a new one you know. In the sense that you know I mean I have been around long enough to have seen Prime Minister from Nehru onwards to Mr. Modi. We have had the fortune of seeing only from Indira Gandhi onwards. And she has also. And she has not in my case. And seen how parliament functions and debates and arguments and so on fears arguments and so on so forth you know. But you know the polity was not centered on the in a way de-legitimization of debates which is taking place now. In fact this is something which I see very interesting you know. We keep on saying in the media we say that we accuse the BJP of water boundary. You ask a question they say. They reply by asking another question. What is happening is we are seeing is that there is a criticism. They don't reply to the criticism. They raise further questions about the critic. Pushottamagar was appointed so and so under this government. Who is Professor Mukhiya? He has written such and such book. For this he received a grant from such and such person. So because he has done this his argument is false. There is a reason for that Nilan. There is a reason for that. Political reasons we all know. We must also understand the psychological reasons. You see I have very personally I mean I am very firmly believe that without being inadequate in your mental and psychological faculties you cannot be a supporter of any authoritarian world. So when these kind of questions are raised which you describe as what about you? It also indicates a deep rooted sense of lack of confidence and kind of insecurity. I mean you cannot. This insecurity is at a personal level in terms of political power that you hold also I think ideological insecurity. It is at the collective cultural level and it is not confined to the present dispensation. See for example you cannot respond to the arguments of the so-called to recall the title of a famous or infamous book the eminent historians. You cannot respond to their arguments. You cannot respond to Arumila Thapar. You cannot respond to Harbansum Kiya. You cannot respond to Irfan Abib. So you raise questions about everything except their work. Their proposal that look this is what I feel about media and India. This is what I feel about this particular incident in ensign and India. You do not talk about that thing. You cannot criticize or denounce that argument with the counter argument with the counter facts because you know that you cannot. This is as simple as that. Just to finish this point. This has reached this has not started with Mr. Modi. This has reached its highest point with Mr. Modi where we have a situation that on the floor of the house a minister uses the phrase intellectual terrorism. So there has been a long process which has resulted in the phrase like intellectual terrorism being used on the floor of the house. Prof. Mukher we are not seeing personality cult for the first time in Indian politics. We have seen it previously also. But there is definitely a growing tendency to presidentialize every election. Even municipal board elections is fought in the name of the leader. In India there has been a tradition of you know bowing to the personalities and but is it there also globally? You know is it a political phenomenon? We are seeing it in the United States also. So is it a part of a global trend? Yes, yeah actually you know I will come to that in a moment but you know I earlier wanted to say that you know there is probably a new kind of structure of polity evolving which is replacing or displacing the old structure of debates and arguments and so on so forth whether in parliament or within your party or outside in public etc. where leaders would come and answer questions you know would participate in debates with people and answer their questions etc. Now a structure is evolving almost has been established that you know leader is not really answerable to anyone. You are answerable to the leader. Leader is not answerable to you you know. Therefore the whole idea of bhakti has been or is distortion has been taken to its highest limit where you don't ask any question only the leader ask question or leaders doesn't even ask questions leaders gives you wisdom you know and you follow it you know. So this whole polity is now evolving not about debates whether you are right you are wrong you are leftist rightist centrist whatever whatever what are your economic policies whatever etc. But the leader is right you know. Therefore this structure of polity that is evolving which is far more disturbing you know because in debates you can you know you can be proven right wrong whatever you can do but you know this thing about bhakti you have to be loyal to me you know. Again not for the first time we have seen it in the Indra Gandhi's case but in Indra Gandhi was you know has a democratic stream in her so she ordered elections and she lost the elections etc. etc. but we don't see that democratic stream here you know not that Modiji can withhold elections you know. Right he has to. He has to you know but given to himself probably or given to their new structure of polity that is evolving probably they would like to do without elections you know they could you know. So I am worried about that part of the bhakti you know rather than and your question now whether it is universal phenomenon to a certain extent yes it is universal phenomenon you know but not to the extent that it is in India I mean Trump has his own Trump is a obvious example which comes to one's mind Trump has his own following very strong following but he you can criticize him to to like help in the USA you know and or Putin and so on so forth you know so that the degree is not the same phenomenon is similar but the degree is not the same as it is in India. For sure the one last question as we get into the final part of this discussion begin to run out of time. Quite often it is said that Indian democracy has a self-corrective mechanism now in India you know we are seeing what we are seeing at the national level of bhakti is also visible at the state levels you have various state leaders also who are requiring their own bhakti you know you are Mayavati, you are Mamta Banerjee you had Jai Lalitha till very recently now in a situation like this when we are in the election season when elections are here you know within a month it is going to be announced and in two months we will be voting in different phases is there any reason for hope? Yes there is a reason for hope there is a reason for hope there is a reason for hope there is a reason for hope certainly and it is because of the awareness which is there and awareness in the sense of the failures of the government of that day I am not attributing any positive value to the awareness generated by the electronic media this awareness is there in spite of that not because of that secondly we must understand that yes there is corrective potential in Indian system but unfortunately and this is a matter of great concern the institutional arrangement here is certainly not as strong as for example in USA so we cannot just sit back and relax that well Supreme Court will do its work University will do its work that is possible in USA not in India so the responsibility rests with every citizen Exactly every citizen has to be aware institutional arrangement is not that strong that we can take some records to that secondly a very important point which we must understand that again it is a question of a certain mindset we were talking of the tradition of personality Carl Tindra Gandhi or even Natal Varivaj or whoever here the more important point or rather harmful thing is that the present God Mr. Modi loves his own voice too much and does not bother about material things like that which is also which also becomes very dangerous when he addresses the students the young students who might believe in some moment of Bhakti that Alexander actually came up to party which he never came I just hope on this note we will conclude this discussion thank you very much for being here because I just hope that the people who are promoting Bhakti do start are actually living in what we call their own eco chambers I just want to before we conclude read out what the Irish patriot Daniel O'Connell wrote about this entire idea of gratefulness to a particular post or to a particular leader he said that no man can be grateful at the cost of his honor no woman can be grateful at the cost of chastity and most importantly here no nation can be grateful at the cost of its own liberty we must be conscious of our own liberty and as we said that we must revive the Vivek in ourselves the conscience in each one of us is much more vocal than it has been to be able to question things which are against the basic culture and our own honor liberty idea that is what we have to protect thank you very much for watching this program


Well, visual asset news my name is Robin today. This is going to go over probably one of the most Unpopular videos I'm ever going to do. So if you're here for the live stream or watching the recording, thanks for stopping by First thing we're talking about is the four-year cycles and review and why they are still intact they're gonna talk about how everybody said that June was the bottom and Of course, everybody was wrong and if we take a look at that I think we need to take a look at some data points just to see what we're at and lastly We'll take a look at ROI's the top three coins versus S coins and four things for me to actually be bullish and last We'll do a little Q&A. So first things first. Thanks for stopping by. I appreciate on a Saturday. Look at you today I was just going over some data points just to take a look at just how far off we were and It all kind of comes down to the four-year cycles, which you know people will talk negatively about But in all honesty, they are still intact So I think we should be talking about them and it's important to take a look at different sides So we can argue every side and what I'm going to take a look at real quick. Just a quick review of the four-year cycles now on this channel we talk about all the time and Unless I am incorrect, they are still in play and of course the four-year cycles all start with the Bitcoin having some people We'll take a look at different cycles and they'll start with Bitcoin's inception in 2009 and then go from there I personally believe that everything starts with the having and So far it's been true. So in 2012 we had the very first having of Bitcoin So Bitcoin miners it gets cut in half. There's a more of a scarcity or a finite supply as they fire up the rigs and Half of that every 10 minutes is what they earn in Bitcoin rewards and after that about a year So we see an all-time high. This is what happened. Bitcoin was around five bucks around this time and 2012 and then in 2013 it went to 1,132 bucks pretty good 2014 there was a dip because it just became overheated Excuse me in 2015 a reset This is cycle two Having 2016 all-time high 2017 a dip and a reset. This is cycle three, which we are in right now 2020 we had a having sweet days and then 2021 we had an all-time high 67,000 somewhere around there in November. We are currently in 2022 unless I am time traveling And we've seen quite a bit of a dip and I think there's more pain to come I'll show you in a bit and then of course there was a reset. Hopefully there'll be a reset in 2023 We start to pivot maybe get through the feds all these things and then of course cycle four which hasn't happened yet We'll start in 2024 With a having so knowing all this I Put together just a just a list little data points Of how far we've dropped in each one of these cycles and you can find the cycle lows and highs There's a link in the description All the data is there Correct me where I'm wrong here, but the first cycle of course between 2012 2016 From the very top to the bottom bitcoins price fell 85% it was 1127 dollars went to 172 dollars And a very short amount of time quite honestly and then in 2015 16 excuse me 16 to 2020. This is what cycle two we dropped 84 percent So the first one was an 85 percent drop next one was an 84 percent drop and of course now we are in cycle three and This is an old data point And I had to redo it because this is what I Put in Based on what all the gurus will tell you which was June was the bottom. I'd never thought it was the bottom I was like, I don't see how you can say that. I don't see how the macro event Will dictate to us that this is the bottom We have to have like Jerry me talked about yesterday. We have to have a liquidity liquidity people need to feel safe to invest and I mean that the narrative can be whatever it is, but I didn't think 71% Was the bottom and actually the bottom so far in quotes has been The 9th of November when we hit a price tag of 15,742 so from the top of 67,145 to 157 that's a 77% drop Which are like, well, that's not too bad You know, we only got you know 7% more to drop to get to that 85% because remember 85% 84% Well, let's put the hairs will say we'll round up 84 and a half 85 85% drop from the top of $67,000 is 10,000 Bitcoin It's a $10,000 price of Bitcoin. Does that mean this is going to happen? No, that's not Just because we did something in the past doesn't mean it's going to repeat again. I need to stress that but We've seen like these cycles. They just hit us It's just seems like over and over and over again and things just repeat so I'm not saying it's going to happen, but it's an interesting thought process to see where we're at and that could be Near the bottom. I don't think we are and I hope I'm wrong. I pray I'm wrong But this is where we're at but I also had to take a little bit more deeper into this and take a look at You know some other pieces just not Bitcoin, but what about Ethereum? So Ethereum and this is cycle 2 everything to me is based on Bitcoin cycles Of course, this is a theorems first cycle. It was created in 2015 2016 came out at you know pennies, but I Take a look at because everything follows Bitcoin. Does it not Bitcoin rallies? Then everybody sells off gets into all coins. Everybody makes their money sells off goes right back into Bitcoin so with the Ethereum here Between it's it's top of almost $1,500 in January 2018 in roughly a year it dropped 94 percent to 83 bucks That's pretty big drop and then if we take a look now Um, what is interesting though is that when everybody was calling for the bottom? It was all Bitcoin bottom, but actually so far that has been the bottom for Ethereum 18th of June The bottom for Ethereum was 995 so it dropped below a thousand for a small amount of time. It's high was 4742 that is a 79 percent reduction Which is quite hefty. I might admit I must admit However, if we take a look back at the past and go well, you know hasn't hit that magical 94 percent just like we talked about the Bitcoin I'm not going to scare everybody was showing 94 percent. Let's just stick with 90 percent That means that from the top of 4742 a 90 percent reduction would mean we are at a 475 Ethereum and before I go on comment Just real quick Does that price tag scare you of 475 for Ethereum Or does that say to you this is a pretty good opportunity? Just curious to see where everybody's at. I think most of the people who follow me on this channel I know which way they're going to go but just curious to see what it is and then also To break it down even even to a worse Drop off of cardano. Do you know what cardano was of dollar 18? for the cycle two in january 2018 january 2018 A dollar 18 and everybody thought that was magic because it came out of nowhere well And roughly a year It dropped to below three cents 0.027 cents. That's a 98 percent reduction and interestingly enough is that today Actually Cardano is closer than every single one out there To its original price point. I don't think it's going to drop 90 percent. Let's just say 95 percent So right now it has dropped 91 percent so far It went from 2.97 cents roughly to today of around 26 actually that's 16 december So that was that was last night. I don't know what it is right now, but 91 percent And just to give you a feel of just how different just a four percent points 4 percentage points are from the all-time high if it goes just to 95 98 just 95 percent you're looking at a 15 cents cardano I could see that does that scare me not really If we think about where things are going so that will lead me to my next point So we just talked and took a look at some price points again not saying it's going to happen But historically that's what it's been And this is the part that kind of concerns me a little bit The ROI's and this is Ben's website I steal from it every possible chance I can get Because it's great information. I don't show you like the really good stuff because I can't Which is like the time and risk bands and things like that But the stuff that you can you couldn't extrapolate and look for I do show it and one of these It's the ROI after the cycle bottom and this three we're going to look at eta Ethereum and bitcoin. Let's just start with eta And of course this right here You blow this up You're looking at mark market cycle one Which is ben always does it with their market cycle So the market cycle one for cardano The very first one went went from nothing to A dollar or whatever it also was in 2018 The rio was a almost an 11x 10.83 almost 11x and then if we take a look at market cycle two actually it did quite well Which was the one we just went through And in september 2021 it hit its all-time high and that was at a hundred and 23x Which is pretty good. Let's be honest for for any any coin And I know this is what people will say. Well, that's an s coin and it's worthless and blah, blah Well, it's doing pretty good things and makes pretty good money And also it's got some pretty good products on there world mobile token meld Those two cornucopia's game, which are actually working products by the way I hate to bust everybody's bubble, but world mobile token actually has terabytes As far as connecting the unconnected and built on cardano. So sure Moving forward ethereum Ethereum from its first cycle ROI You were looking at 3000 a 3000 x but I don't like to look at these because that's going from zero Essentially all the way up I'll take a look at the second one the second one the bottom was 2018 market cycle two ROI 58x which is pretty good and it seems like the lower down on the scale you go The more the ROI actually increases as time goes on and approve or just to not prove just to show you the data Here's the bitcoin market cycle bottom. This is the thing that concerns me and when I talked about bitcoin to 40k stick with me so from the bottom in market cycle one, which is 2009 10 all the way to the top Market cycle one the ROI was amazing for bitcoin I don't know who got in in 2010. I wasn't one of those people, but it was you. Congratulations.  Hopefully you sold the top. Hopefully we did everything perfect. Hopefully And you would have had a 500 and she's always 583 x which is pretty good Not as good as say ethereum, but just saying Market cycle two which is in red That was our What I would consider my cycle one, but that's how ben does it You're looking at a ROI of 502 x That was it's all time high on 2013 So now look at this diminishing returns here so we had 583 and over here We had 500 again So 583 583 to 502 is a slight reduction. However, it gets worse as time has gone on in cycle three Which is this orange? right here from the bottom Of cycle three, which is 2015 to the top which was 2017 December 16 2017 which coincidentally was when the bitcoin futures was launched by the chicago mercantile or cme exchange It topped out at that point and that was a 110 x So if you take a look at here, you go 500 to roughly 100 That's a fifth or 20 percent And then if you take a look at the cycle four or the one we just went through Which started on 2018 And we topped out November around 67,000 dollars. It was a 20 x So you go from 500 To 20 percent of 500 is 100 x And 20 percent of 100 is roughly 20 x right So if I just extrapolate that And just use the worst numbers I possibly can 20 percent Of a 20x 4x and at the 4x Is the is the worst bottom we can possibly have which I I'm hoping that's what it is is the worst which Could potentially be Okay 10k times 4 40 000 could that happen not sure I don't think it will But it could be and it's and it's a little bit shaky, but there is one thing I would like to make mention of that is this ROI after latest cycle bottom Let me let me be be straight with everybody bitcoin's the safest bet it is the blue chip Let's be honest. You can put your mind to some other stuff some s coins But it's risky and if you want to do that that's up to you I'm not your dad. I don't I can't tell you what to do. I'm not a financial advisor but if you look at the data The ROI after the latest cycle bottom of the top 10 coins What do you see here? You see a bunch of s coins as people would call them. I personally own mattock done quite well And from the latest cycle bottom Mattock is 255x Next biggest biggest one What is it bnb 53 Okay b 37 doge 52x actually if we take a look at the top 15, you know, which one's the best shiba inu so if your goal here is to You know make money and not change the world. I mean, that's just what it is There is the case for the s coins and that is just the truth. So Let me know what you think about that in the comment section And I will say and to finish this this up before we get to the the q&a There are some there's four things that would turn me bullish I don't see in the macro event how we're going to turn things around tomorrow I just don't see it. There's a couple of things one China lifts. It's uh, it's no covet or zero covet policy. You do that supply chains open up Prices can drop. I think uh fed can breathe a little easier and everything can work out also Ukraine war If we get some type of ceasefire that will actually boost things and then because the markets don't like uncertainty Also that the fed eventually pivots. I don't see that happening until they break something Because usually when the fed pivots then it goes down even more which is when we're going to get Which was probably when we'll have the recession 2023. I'm just guessing And then we'll go down even more. It'll be it'll be hurtful but it'll lead us to The next cycle which I amazingly if everybody calls for the for the recession in 2023 Isn't it funny how If we go in 2023 for a recession and we're all there, maybe the next year it kind of bleeds into that in 2024 What happens then to having what happens after that an all-time high but The one thing I think really has to happen. I think that is closer than anything is regulation Lemus Gillibrand responsible financial innovation act is just one of those things that are coming And you can bet your bottom dollar because of ftx and what they did More regulations on the way and hopefully we have the right voice before we get over-regulated. I am hopeful That the regulation comes down to the exchanges And not the cryptos themselves and of course people will say rob. You're so naive Of course, they're going to regulate crypto and and what it does and and so on and so forth Not for sure because if you if you regulate the centralized players You can do that quite easily and you can protect your constituents if you're a senator or a congressman or woman But if you're going to regulate the cryptocurrency and the defy Space good luck because you're just going to see it go by america and in other countries and that's okay with me So that's what we have So let me know what you think about that in the comments and now we'll get into a little q&a I know that was probably the This is going to be the worst The the least popular video I could possibly do is that but I just want to show everybody's the different sides If you got to take off take off you've been here for 18 minutes. I appreciate you come by on a saturday now Let's get into a little q&a. I'll answer all your burning questions. I'm sure a lot Then we'll go from there. If not adios. Thanks for stopping. All right. Let's get to it


This must be told to all of you as a warning.  Now is the time to tell you about the flash drive I found in the span of three days. I woke up to go to my driver's education course. As always, we would write down what the instructor told us to. It felt just like school, which sucked. Luckily, it only lasted two hours every day. Every day would be the same. Afterwards, I would ride home on my bike, and when I arrived home, I got comfortable. But not this day. It was a cold summer morning, after I woke up earlier than usual. I was extremely tired throughout the whole course. Dosing on and off all over. When it ended, I dreaded the bike ride home. It was 30 minutes of continuous hills and drop-offs. 20 minutes into the bike ride was when I really started to get exhausted. I didn't see it at first, until I ran it right over. It caused me to sked out of control. I wrecked in a bush, making the branches poke at my skin. Fortunately, I only got a cut on my arm. I went back to where I started to sked and noticed a flash drive. I thought, why didn't this thing break when I ran it over? It just seemed like I would have broken the thing into pieces. Nevertheless, curiosity got the better of me. I now wanted to know what was on this little device, and why it was dropped in the first place. I arrived home 20 minutes later than usual. My mom was worried and asked me why I arrived so much later. I told her I crashed and walked the rest of the way home. She believed me. I went up to my room to plug this flash drive into my computer. I finally found out what was on there. One of the files read, happy dot tiff. All it showed was a little girl on a swing set. It was a tiff file so I assumed it must have been altered in some way. I could recognize that the color of the sun in the background was tinted to look like it has more of an orange appearance than yellow, even though it was daytime in the photo. The next photo was named, cookie dot tiff. It showed a family of five, with a cookie planner being held by the little girl I saw in the first photo. They all looked so overjoyed. After that, I found three more images of the family, all in tiff form. Why are all of these files in tiff format? I thought. The way I thought of it was the older of the USB flash drive light Photoshop, but didn't know how to convert files. I learned all of this from my photo journalism class. We'd use Photoshop all the time. I went to bed when I thought of the most sadistic thing I could think of. What if I were to alter these photos in Photoshop so I could edit out the family and the photos one by one? I was going to screw up every last picture, so when I find them to hand it back to them, they'll be scratching their heads. I thought this was really funny. So I got to work. When I woke up, I knew what to do. The first one up was happy dot tiff. When I saw the image again, I could notice laughter in the little girl's face. Goodbye, I said out loud. I cut her out of the picture and replaced where she was with the background. Next up was the family photo. I edited them out to make the picture look like just a wall. Two down, three to go. One after the other, I replaced each family member with the background. This way, it looks like random pictures of walls and parks. The third image was called me dot tiff. It was another picture of the girl, this time just smiling in front of the camera. It looked more pale than what I saw previously. I thought nothing of it and edited her out again. Now it was a picture of a blank, blurry wall. The fourth image was called summer dot tiff. It was the family of five had a picnic. They were all happy, eerily happy. As in, their whole face looked as though it was smiling with it. I did what I wanted to do, now making it just a picture of a picnic with no people. The final image was memory dot tiff and was of the whole family yet again, but it was even worse. The whole family looked like ghosts. They were almost completely transparent. It just made the job easier to do. Now the final image was the same wall, and no one to stand in front of to smile. My prank was going to be great. If only I knew how to get it back to them. The next day, I woke up to find my one reading the newspaper. I saw the front cover. Family of five disappeared. Police have no leads. I grabbed the newspaper after she finished reading it. It read, the neighbor of this family saw they were nowhere to be found. He called the police to find the house disturbingly vacant. No furniture, no TV, nothing. All they found were random pictures of backgrounds hanging from the walls. Police say it was as if they never existed. It sounded much weirder than just a mere coincidence. I did it. I erased them from existence. It was all my fault. To this very day, I live with the guilt brought upon myself. I never passed that driver's ed course. I never touched Photoshop again. So here is the lesson. Don't alter photos that aren't yours. You may find that it comes with severe consequences.