From Miami Beach, Florida, it's theCUBE, covering Acronis Global Cyber Summit 2019. Brought to you by Acronis. Okay, welcome back everyone to theCUBE coverage here at the Acronis Global Cyber Summit 2019. In Miami Beach at the Fontainebleau Hotel, not a bad venue for an event. It's their first and all-go event around cyber protection. Our next guest is a great guest. Going to go into great detail. Very fun job, stressful job, Graham Hacklin, CIO of Rocket Williams Racing, Formula One team, thanks for joining me. Thanks, Joe. Great job you have. I mean, it's high pressure, high stakes, data's involved, it can nerd out on all the tech, and it's a part of the business these days. Take a minute to explain the Williams Racing team, history, and what are you guys up to these days? So Williams, this is Sir Frank Williams, 41st year with this team. 50 years in total, he's been in Formula One. Won 16 world championships. Not recently, we want to do that again for him, and that's the mission, right? Get up every day wanting to get back to the front of the grid and help Williams to win. I joined them in 2014. I've been 23 years in total in Formula One. I love the industry, the fast paced, everything you described. There's a bit of stress, obviously, but I just love the industry, and I joined Williams 2014 to help with the digital transformation, and it's been brilliant. And now we're not using the transformation word anymore, we're on a digital journey. We've already put a lot of that infrastructure in place, moved to the cloud, and it's just been brilliant. And we've had some success on the track. More recently, it's been tough, but we'll get back there. You know, I just had a conversation with Dan Havens, who's the Chief Growth Officer, he's done all the sports deals. We were talking about baseball and the other football, European football, and also Formula One. The competitive advantage edge is there in the data. AI is here, machine learning feeds AI. So now you set up the infrastructure, you get operationalized properly. This is a big job, it's not just loading software. You got to really think about the holistic system at work. That's the great thing, right? We've got to do the infrastructure right, so you've got to get the basics right. But then, if we can do a better job with AI, with machine learning, with the analytics tools that are out there than the other teams are doing, we can beat them. We don't have the same funding levels that they do, but we've got really smart people, and people is our biggest asset. And then the second biggest is data, and making sure that the right engineer has the right data at the right time so that they can do their job, so that we can set the fastest pit stop time, or that we can challenge the cars in front of us, is really important. So we put a lot of time and effort into data analytics, but especially video. Video's become huge for us, and obviously then the data size grows massively. But data, and being able to analyze your competitors, analyze your own car, your two drivers against each other, there's a huge amount of data that we are dealing with. Without giving any secrets away, Graham, talk about some of the data dynamics that you have going on. What are some of the workflows? What are some of the things you're optimizing? You said video. Where are you guys looking at? What are some of the key cool things that you're seeing as an edge opportunity for you? So Formula One team has this life cycle of a Formula One car where you start in aerodynamics, either in a wind tunnel with a physical model, or you do virtual wind tunnel with computational fluid dynamics, so CFD, that computation power is really important. Then you go into design, CAD design, that really turns it into something that you can make, so then we're into manufacturing. Then we've got a race engineering and all the tools that they use to get the optimum out of the car that they're given on a race weekend. And then you feed that back in so that every race we're adding performance to the car and all through the season, we'll add one and a half to two seconds per lap of performance onto that car every season. And so that's a really important loop that you need to be constantly doing. And if you don't, if you, we've had some issues in this year, if you don't get that completely right, you will lose time to your competitors. I'll give you an example where it didn't work out where you go back to the drawing board. So I think there's been, and it's well publicized, Claire Williams has talked about it. There's been a bit of a gap between the results we were getting in the wind tunnel and the reality that was happening on the track. And so we've had to bring that back and make sure that there was a correlation between the tunnel and the track. And our engineering group have been working really hard on that. So that kind of thing can happen. Talk about the engineering backgrounds that are going on behind the scenes. A lot of people, you know, look at Formula One's, only the hardcore nerd that are nerding out and geeking out on the sport know the depth. But what's going on on the engineering front because there's a lot of investment you guys are making on engineering. Yeah, and so Formula One fans love the data. I think they really love to see the data and work with it. And fortunately, you know, the people who run Formula One are opening more of that data to the fans. If you left it to the teams, we wouldn't share it with the fans because then our competitors see it and we see it as a competitive advantage. But if something's shared for everyone, then that's fair. So I think the fans love to see the data and see what we're doing. What we're trying to look at now is automation. Humans making decisions has been okay up until probably the last couple of years where some areas have been made in strategy, in real time, where you've got a few seconds to make a decision. Are you going to pit, virtual safety car has just been called, you've got three seconds to make a decision. Sometimes the humans are making the wrong decision. So we see automation AI as really having a role in that real time decision making. But we think AI can help us in our factory. The things that we're making, something happens at the track and now we have to change that design. We think introducing automation and AI into that process will really help us as well. Yeah, sports market, sports teams, and sports franchises, to me epitomize digital transformation, digital journey because the fans want it. It's competitive advantage in running the team. There's the players decision making, whether it's baseball or driver. And then there's the fans. So I got to ask you on, what are you guys thinking about the fan experience because now you've got some data opening up, you've got visualization potentially apps that show you the cars in 3D space and some virtual reality potentially. The old experience was, oh, there's a guy who goes by again. Hey, comes back again. So, extending the digital fan base experience. What are you guys, what should we do there? There's a huge amount of work happening in Formula One and it's great to see the people who are running Formula One talking about a digital transformation, not just the teams, right? And it was all about the fan experience. We want the fan to feel like they're part of it. So Williams did a couple of experiments with virtual reality. So you could either be one of the pit crews. So you could be the person holding the gun, feel the car coming in and changing the tire, or you could have the driver's view. So the cameras that are on the car are above the driver's head, so you don't get an accurate view. So we brought that down into the helmet because now you're getting a view of what it's like to be the driver. So there's been a lot of focus on that fan experience and making sure that you're not at a disadvantage sitting at the track compared to someone who's at home with two televisions or multiple devices that they're tracking the data on. And the GPS data of where the cars are and hearing some of the commentary of why they're making the decisions they are. And when the drivers challenge their engineers, I love that bit. So the engineer's got all that data and tells the driver we're going to do this strategy and the driver challenges it because they're in the car feeling how the car feels. It's brilliant. I think you guys have a great opportunity as an industry because when you look at eSports and the gaming culture, the confluence of that experience-based product coming to Formula One, is just a perfect fit. Well, I mean, it's gone. The eSports Formula One has gone huge. We run a team as well, or most of the Formula One teams now have an eSports team. And actually the people who are driving in the eSports teams, their skills are transferable. I remember one of the competitions a couple of years ago was to win a drive in the simulator. You became a development driver for one of the Formula One teams. And that shows that those skills are transferable. So it's great. That's beautiful stuff. All right, I want to get back to the Cronus Cyber, Global Cyber Summit here in 2019. You're here talking to folks, also sharing knowledge. You guys were hit with ransomware, not once, but twice. I think you had just joined, I think, at that time. It was during 2014 when I first joined, and we had put as much investment as we could into our cybersecurity, into our protection. But we were still, we had gaps, and I think, so the first ransomware that we got hit by was inside our network, and it encrypted 50,000 files before we discovered it. Now we were lucky. We were able to recover all the data from backup, but we knew that because it had happened in the middle of a day, someone had looked at some websites during their lunch break, and within a couple of hours we had discovered it contained it, corrected it, restored the data. But the second time we got hit was an individual on their computer, off network, and we lost data.  That data is so precious to us. Losing it was really upsetting. And so we went out into the market to look at, how can we make sure that our data is being backed up? But more than that, how can we make sure that that backed up data is protected? And there's a number of reasons we want to protect it. We want to protect it from things like ransomware. But also, the thing that people often don't think about with their data is how do we make sure that it's not tampered with at any point? So when we're at the track, and the car's running around the track, we're pushing data locally inside the network. We're pushing it to the cloud to do computation, and we're sending it back to the UK so that engineers at base can work with it. What if someone was in those stream of data tampering with it, and we then had fake data? And as we go to more machine learning and automation, if those decisions are being made on bad data, that's going to be a real problem. So we wanted to make sure that our data couldn't be tampered with, so we can adopt new technologies. So that was really important. But Williams also had an advanced engineering company. So beyond Formula One, we applied that knowledge and know-how to all sorts of other industries, from healthcare to retail to automotive. We've been helping Unilever with some really interesting projects to make ice cream better and more efficiently and to help with soap powder. We've got to make sure that that customer data is never tampered with. If we're going to put technology into road cars, that's a very different challenge to Formula One. We've got to make sure that whole IP chain, how we develop that technology can be proven and isn't tampered with. It's interesting, supply chain, concepts, data protection, merging together, data protection used to be thought after. We've got it designed. Well, let's push it up, we've got it back, and we'll bolt it on. We're having to build it into the solutions up front. As we're preparing technology for customers, we're having to make sure that we're thinking about the data challenge. So if it's in a car, so we're doing battery technology, we won the supply for the first ever electric Aston Martin. As that car is driving around, there's going to be data that's important around the health of the battery and information that is going to be needed by the driver, but also for later when they're doing the servicing on the car. We've got to make sure that that data's protected properly. You guys are pushing the envelope on instrumentation, sensors, data, real-time telemetry. But to be honest, Formula One's always been like that, right? We put our first data logo in 1979 on a Formula One car. Honestly, it's been an IoT device since then, right? It's not a new thing for F1s. I think we're really experienced. Our electronics group are really experienced in how to protect that data as it comes off the car, and we've applied that knowledge to road cars as well. Well, you know, what's great about you guys in the whole industry is that that innovation for the sport is now translating as a betterment for society. Exactly. And I think that is really kind of, I think, an example of where innovation can come from. Places you least expect it. The people doing hard work pays off. It always worried me that Formula One, we spend all the money we spend, right? 100 million pounds, 300 million pounds per year. And at the end of the year, the product that we created gets retired and we create a whole new product. And it always worried me that that technology wasn't reused. Williams are reusing it. You know, we take the carbon fiber that we use to protect a driver in a Formula One car. We've now applied that to babies in hospitals when they get moved around. We built a carbon fiber unit that moves them around. Aerodynamics design, we've applied to fridges to make them more efficient. So if you've got an open fridge, the cold air doesn't come out into the aisle of the supermarket. We push it back into the fridges. I love that. It's, you know, reuse, taking Nissan Leaf batteries and putting them into a unit that you bolt on the side of a house and it helps to power the house overnight. You know, it's interesting, Graham. You mentioned digital transformation versus digital journey. You guys are operationalizing it. It's a huge difference, it's nuance, but transformation, you have yet transformed. You guys have transformed, so you're on a journey. I got to ask you, what is some learnings in your operation, operationalized digital? I mean, obviously you've got your sport, but now it's translating out to other areas. What's the big learnings that you take away from as a professional and as an individual in the industry from all of this? I think initially we were quite conservative and we only went with big players that we were convinced we're going to be around in three to five years. I think there's a lot more established cloud providers now, but early on we only went with the big guys because we wanted to make sure that we could get our data out. If they disappeared, we weren't going to lose our data. I think what the partnership with the Cronus and other partnerships we've done has helped us to be more aggressive in terms of our approach towards cloud vendors. We can now take risks with a smaller player who's got a really niche product, but it's something that could give us a competitive advantage for half a season. Three, four races sometimes. We'd go for it, whereas I think we're a bit conservative at first. I think all CIOs have to think about what's their appetite for risk. We did a really good process of mapping that out, discussing it all the way to board level. What exactly are we prepared to risk? There's some things, car data, we're just not prepared to risk that. There are some things that we can afford to take risks with. I've talked to CIOs at finance institutes. They're starting to take risks now. There's core data that they won't be able to, either by regulation or it just doesn't make sense. But there's a lot you can commoditize and put out into the cloud. And if you have a cyber protection foundation, you can take those risks. Exactly. You don't want to be looking over your shoulder worrying. Because you own the data, and sometimes when you go with a cloud provider, it feels almost like they own the data, but when you've got a partnership like the one we have with the Cronus, we know that we own the data. We're backing that data away from the cloud vendor, so we can always get it back. Graham, thanks so much for the insight. Love this conversation. I think it's really innovative, cutting edge and great fun to talk about. Thanks for coming on theCUBE. Appreciate it. Thank you very much. theCUBE coverage here at Miami Beach at the Falkland Blue Hotel for Cronus' global cybersecurity 2019 summit. I'm John Furrier with us for more CUBE day two coverage after this short break.


Look like 30 years from now, I wanna know For myself, my town, my family, my child I wanna know, uh-huh And as I sit here thinking about this life Re-imagine, in a Santa Rosa dreamin' Cause as it's currently constructed Yo, it's hard for me to trust it, trying to get from A to B With no exes, sister buses GMO up in our lunches, at the air I'm throwin' punches, honestly the whole thing makes me sick To my stomach, and we could really talk that talk But they don't wanna touch it I wanna see like Fannie Lou So we can discuss it, we can talk about it The tears dropped in the bucket If you ask me the whole thing Needs to be trustin', fixin' it Cosmetical, prosthetic If it ain't inclusive, I don't get it Cause if you get it, she get it Ignore the lies, people striving for their lives Trying to find possible ways around Are they that blind to see the death rates rise? Wooo I put me needed to grow, only darkness in sight I wanna know, uh-huh And as I sit here thinking it would be Slicin' heaven with sustainable livin' We're clean, processin' the host mix For our children, cease the gang and gung violence Just a few things that I'm feelin' We at the bottom, pour the same But we drinkin' out of different cups My mental health is fine-tunin' I'm fleshin' blood, my god, I'm only human It sounds a little crazy, but it's not impossible And get some rest for those who are about to shred Like I'm barricades, I've been soaked In the pain, but healin' is a marinade The underpaid deserve a raise And I pray the road to redemption Destination, happy days We need space, we need rest Today is March 27, 2023 My last day in jail It is a long day, and my mood is happy and nervous If you are reading this, you are hopefully a free man I hope you're livin' in a house with a little yard I wish your mental health will be better And that you're able to be treated when it isn't I hope that you're married with two kids I really hope that your family is happy I wish for the well-being of Santa Rosa With better mental health services Can we receive an action plan with you? Gonna do it after? Put it all in motion Bring light to the hopeless Come down to our city blocks So you can see just how we rock Can we grow, can we love, can we live? Can we change, cause it pain, can we man? Nothing less, cause we deserve the best Give me liberty and life, cause it's vital for our survival We need change, it's gon' come Can't have a rain without the sun Without the sun, yeah Just one and peace at a bar Just gave you hella reasons why I want to know


The Nigerian National Petroleum Company, NNPC, will soon become a limited liability company in line with the Petroleum Industry Act President Mohammad Ibohari has directed that the state oil company be incorporated. A statement released by his office made it clear that he is doing so in his capacity as the Minister of Petroleum Resources. The President has also approved the appointment of the Board and Management of the NNPC as soon as the company is incorporated. The Board will be chaired by Senator Ifani Ararame and have a representative from each of Nigeria's six geopolitical zones. Melakolo Kiari retains his position as the Chief Executive Officer of the new NNPC. And we have an analyst joining us to take a look at this, Mr Balazaka. Good evening, Mr Zaka. Yeah, good evening, viewers. What is your opinion about the directive to incorporate the NNPC? Well, I heard about the directive. Whenever a directive is given or issued by the President of a country, it has to be taken serious. But as far as I'm concerned and with my understanding of a limited liability company, a limited liability company is supposed to operate like a purely private entity. But to the best of my understanding, government is supposed to be about the provision of goods and services. While limited liability companies are after-profit maximization and cost minimization. Even when you talk about the accounting, the accounting of limited liability companies is called, we describe as a cruel basis. While when you're talking about the public sector, the accounting basis is called cash basis. Even when you talk about international standards of analysis, when you talk about private sector, we use what we call international financial reporting standard. While for public sector, we use what we call international public sector accounting standard. So to that extent, they are supposed to be different. For me, government is supposed to be about provision of goods and services. But as is unfolded, we are going to see whether this incorporation will be geared towards improving the lives of Nigerians or it will operate purely as an entity that will be after profit maximization and cost minimization, regardless of how the inflation is going to be in the country, regardless of how the disposable income of Nigerians will be, knowing that the minimum wage today has been frozen at about 30,000 Naira per month. Well, do you think it will be better run or do we need to change the people running it? Clearly, you do not think from what you have said that the government has a business in what it's doing, but it's done already. But do you think that it will be better run or do we need to change the people running it? No, I think changing the people is not the issue. But what the company represents, and when you say a limited liability company, we have an idea of what it means. And we know the functions of government and we know what private companies or entities are after. The philosophies are completely different. I would want a situation where the price of 12.5 kg of cooking gas will move down from the 6,000 Naira that it is now to about 3,000 at the Nigeria. It's actually 6,500. You can see what you are saying. So I would want it to be 3,000 or 2,500. I would want a situation where the price of a bag of fertilizer that is now between 11,000 and 17,000 should go back to the 2,000 or 3,000 Naira that we used to know so that we can boost agriculture. I would want a situation where the price of a diesel or a liter of diesel that is about 300 now will go back to 120 so that so many of the SME will be able to go back into production because many of them have closed shops. I will be surprised if your studio now is also running on diesel. And after a while, you may not be able to break even. When you look at some of those Asian companies, you know, like the Chinese companies that are even operating in Nigeria, I don't want to believe that they are running what we call a purely capitalist government. In Nigeria, it's a very weak economy and emerging economy for that matter. But time will tell. We will see whether the philosophy is going to be in the interest of Nigerians and bring Nigerians out of the current economic poverty and pain. But it's only time that we tell. Clearly, it will not be fair to come up with a likely direction that the result will be for time will definitely reveal it. Well, clearly, you do have your reservations. What model would you advise if you were made a consultant in the Nigerian government? Oh, there is a need for me to also bring it and try to see how I can marry it with my conscience. Because those are the questions I'm just asking myself. If you were consulted to make things perfect in this sector as a consultant, what would you advise? If they even consulted to make things perfect, then the first thing I will do is to put my thinking cap as somebody who needs to help so that a private or a limited liability company will continue to try, which we technically call it should be a going concern. But also at the Nigeria, I will question my morale. Because for a private company, if the price of cooking goes to 10,000 naira for 12.5 kg, the private company will be very happy. If they go into refining and they make a liter of petrol 300, for them it will be sweet business because they will want to maximize profits and minimize costs. So at that point, will I be having conflict with my conscience? Then the question of morality will come in. So it depends on the kind of consultant and the conscience that will be at play. But what is your general view of the Petroleum Industry Act? Well, so many positives are there on the Petroleum Industry Act. And we have also agreed that because there is going to be a tearing committee, the next one the tears and not some of the eyes that we are not taking care of before the president attends to the appeal. That has been agreed. And in the next one year, we will see how things will unfold. But for somebody like me, I've already known that if we decide because I notice that there will be removal of subsidy, the regulation that will be based on importation. So for me, I'm just trying to tell them that they need to be very careful about that. Because the cost of that subsidy that they are trying to save may not be up to the cost of the energy that will be created when this hardship comes into play. Because if you remove that subsidy, looking at how poor Nigerians are, people can go to farm because of the hostilities there and the inflation rate and other things, that cost of subsidy, they are trying to save. The energy or the tsunami that will be triggered may be more expensive than that. But I would be very happy because I learned that there are about 15 refineries. Definitely, once the refineries are fixed, they will reduce the pressure on forex. And we will internally enjoy what we call sense efficient because don't forget that we are about 200 million citizens and we are in less than one meter of electricity to generate our energy over an hour. There is no way an economy will grow like that. Well, thank you so much, Mr. Balazaka, for your time. Thank you very much.


Armenian Speaker, Iran and Russia helped Armenia for their own benefit. When Iran declares the unacceptability of geopolitical changes, this is done first of all for Tehran, Speaker of the parliament Alen Simonian said at a meeting of the National Assembly. According to the head of the Armenian parliament, Iran is on the side of Yerevan, not because of its great love for Armenia. Iran sells weapons and is engaged in their transportation based on their state interests. The same applies to Russia. Do you think Russia should put its interests aside and say, we love the Armenians very much? They have good cognac. So let's do something for them. Of course not. All countries, including ours, have their own interests, Simonian said. The parliament speaker said that having dealt with the Karabakh problem for 30 years, Armenia eventually got a war. Alen Simonian believes that Russian Foreign Minister Sergei Lavrov's recent statement on Karabakh doesn't require a reaction. What is there to respond? I think everything is clear and it is a process that shouldn't be bothered now. By and large, nothing new to us was voiced, Simonian told reporters. In a recent interview, Lavrov had said that, for a very long time Armenia had occupied seven regions of Azerbaijan and Baku returned its lands.


Parafskite solar cells have seen rapid advancements in recent years, reaching efficiencies comparable to those of traditional inorganic thin film technologies. However, their instability remains a major obstacle for widespread adoption. Two approaches have been proposed to increase the device's stability, developing protective layers around the vulnerable parafskite absorber or developing a more resilient parafskite absorber. Researchers have found that both strategies are necessary to achieve long-term stability on par with that of inorganic thin film technologies. This article was authored by Severin and Habisrödinger, David P. MacMeekin, Henry J. Snaith, and others.


In a later development, the governor of Jigarsid Muhammad Badiru has purchased the presidential expression of interest in nomination forms of the All Progressive Congress APC. The party had announced that the presidential hopeful are expected to be 100 million naira while those vying for governorship positions will pay 50 million naira.


Digital asset news to get top stories and cryptocurrency and digital assets and break them down to bite-sized pieces today. What a great day it is for the cryptocurrency and digital asset market. So first up, people believe that this is actually the big story. The big story is Coinbase debuting on Wall Street and the IPO or the direct listing. And I really believe that the big story is this, which really got buried and that is that the Senate confirms Gary Gensler as the SEC Chairman and why this is so important to advance our market. So we'll take a look at all those things that are going on. On top of, we did a great in-depth report about the Coinbase IPO over there with Alex Masioli and his show. A couple of things I want to point out about what I found was very interesting and how things actually became true as the day progressed. And then we'll finish up with just a little bit of Twitter madness that is going on. So first, let's take a look at what's going on the market, shall we? So today it is April 14th. It is about 2 p.m. I'll pass with Texas time and things are looking pretty good. Actually, things look really good when I woke up today and then Bitcoin dropped a little bit. So we are at a market cap of around 2.2 something trillion dollars, which seems pretty ridiculous if you think about it.  And just a year ago, we really had 200 billion. Amazing. So we got Bitcoin over the last 24 hours, just about a percentage drop, but we're down to 62.2. Ethereum is doing really good at 23. It's up 3%. And then most of the things have just been just a big wide swath of what has been going up. But there is one big winner today and it is Dogecoin. Well, actually we're all winners, really. But Dogecoin really is crushing it. Over the last seven days, Dogecoin has gone over 108%. This one says 96%. But sure, but yeah, 32% in the last seven days. And it's actually dropped 8% of the last hour. But still, to go from roughly 6 cents to 12 cents and something, congratulations. I think it was all the way up to 13 cents. So that is amazing for me. But I have a question for everybody. I know a lot of things that are going on. But for Dogecoin, are people working on it? Is there a new partnership? Is there some new big master plan that is going on for Doge? And what is it doing? Has it been adopted by some government or something? But it is amazing to me. It baffles me. I don't hate on it. I'm very happy for it. Because look, what's good for one is good for all. When the water rushes in, all the ships rise, I'm happy. But it just kind of makes me wonder, I'm like, what really is it about Doge besides just the social media aspect? And all those fantastic names. So that pretty much is going on. There's a lot of big winners below. But let's just take a look at the projected range real quick. This is what we're using, Trader Chain. It's all sentiment analysis.  Does that say wacky coin? Wow, wacky chain. All right. And then we're looking at just a little bit of margin. So today is one of those odd days. I wouldn't be trading too much. It was just one of those days. So first of all, we'll get into this story in a little bit. But what I really want to talk to you about is what's going on with Gary Ginsler. And this just kind of passed over everybody. Because right now, there was a long time coming with the Coinbase IPO, a direct listing. And it went off. We'll take a look at the prices. But it doesn't matter some stock price of one individual company. What really determines, really what happens in this space is, of course, what you and I do, how we invest, how we hold or not hold, how we take profits, and how we do certain things. And another thing is, whether you want to believe it or not, it is how these different people are appointed to these different offices and their philosophies. Look, the last SEC chairman knew very little about crypto and digital assets. And you saw what happened. He went after Ripple Labs.  I think Ripple looks like they're going to pull out of it, which is amazing. But I don't know if it really should have happened. It's not for me to say. I'm not a lawyer. So that's all I'll say about that. But when you get somebody like this, like a Gary Gensler, this guy knows cryptocurrency. Here he is right here. And you can just Google this, YouTube, Gary Gensler, cryptocurrency, MIT. He's teaching cryptocurrency and digital assets to the students at MIT. This guy just gets it. So what is going on here? Well, this happened today. Maybe late last night, I'm not for sure. But he was confirmed. Gensler. And just so you know, this guy is in some Johnny Come lately who just kind of stepped into it and was like, well, I guess we'll do it. Gensler began his career as a banker at Goldman Sachs. Wait before you jump up in arms. Here's what else. He was also the chairman of the CFTC. He helped craft the Dodd-Frank reform legislation and aggressively implement new rules regularly in the derivatives market. So yes, he did all these things. And that's awful. Or that could be good, depending on how you look at it. Whatever. But to me personally, I just want somebody in there who just really understands it and is an actual proponent of cryptocurrency. On top of, he's already been in the digital market space. So he knows exactly what those bankers are doing. Look, I want somebody in there who knows all the tricks of the trade and all the different underhanded, backhanded deals that are being done because I want somebody who has experience. And he knows those guys if he wants the Goldman Sachs. To be honest, they're not the cleanest of everybody, bankers or bankers, whatever. You get what you give them. And then of course, the rest of this whole report is just about politics, which I'm not going to go over because I almost fell asleep. So with this one again, with Gensler in here and really just taking crypto into a new space, when we started talking about ETFs, which Coinbase just went public, went off pretty well. Actually, there was no insider trading or some craziness. It was just like one of those days when it went up, went down. That's what we want. Boring. I like boring. So now we have that on top of these ETFs that we're talking about actually getting funded. Well, Gensler could say, well, look, if you think that crypto and your assets are really being used for nefarious purposes and the cartels and terrorism, that's not true. And here's a study that backs it up. And here's why this is on a public ledger. Here's how difficult that it actually is. Because guess what? I know all these things because I used to teach it at MIT. So again, this is a good thing. And I think this is a big story because this guy will shape where our industry goes. Let me know what you think of the comments section. That's what we got. So on top of that, just so you know, there was a little IPO today. And I was actually on Alex Maschioli's show as this thing was kind of coming about. And we all just talked about our different opinions of where this would go. And I was going to go over all this, but I'm just going to give you the highlights real quick. So when it first came out, it was expected to be around 20, 30 billion. Then there was a valuation of 50 billion. Then it was 50 to 100 billion. And then when it opened up, this is what it looked like. Let's use, let me just refresh this. This is the Robin Hood website, whatever. And when it opened up, it was supposed to open up 250. And then they reevaluated it was 340. Then it opened up a 380 somewhere around there, somewhere around there. And it went like this. Big, huge, massive bump. And at 424, I was like, this thing might hit 500 or 600. Who knows? And then of course, just like the Coinbase effect, it went up. And what happened? Welcome to the regular traditional market. And down it goes, I think we're hovering around 330. So not too bad. So a high of 424, hopefully didn't buy up there. And then just big dip and whatnot. And that's what it is. So when we were over here on Alex's show, when we were talking about these things, what was interesting to me is that there was no pre-sale. There was no, because it was a direct listing. You couldn't have a bunch of super accredited investors really get their hands on it and then just dump on everything. Only the Coinbase employees could have up to 1% or something like that in the stock. So there was nothing really dirty that could be done. And I think this one had to be squeaky clean, because the SEC is like, look, we don't even like, you know, we don't even like crypto digital assets. And this went off pretty well. So we were thinking that, you know, this could and actually played out just like Alex and Danish and CJ and Nick said, they said, you know what, it'll probably just do this. So it'll be flat, go up, and then we'll just tumble right back down and then we'll equalize. And I was like, yeah, maybe. And of course, that's exactly how it was. And I gave different reasonings behind that, especially like a Facebook IPO and what would happen. But who knows? Another big thing we talked about was how this could lead to different traditional players to get exposure into cryptocurrency digital assets without actually owning crypto digital assets just by investing into Coinbase. But what's very interesting was at the same time as this was about to happen, you saw a big drop in Bitcoin.  You saw a big drop in Voyager, the publicly traded fund, the actual stock. You saw a big drop in a lot of different assets that you would think, why is all this dropping right now? What is happening? Like Mara and Riot, those stocks actually dropped. And yeah, so what was going on? Well, I was like, why is this happening? And then she's like, well, listen, genius, it's because everybody's trying to cash out and get a little bit of money so they can dump it into this Coinbase and just make a quick buck. And I was like, huh, it makes a lot of sense. And then here we are. So even Michael Saylor's company actually went down at the same time. So yeah, it was a good try. But I mean, again, if you were going to do that and make a bunch of money, I don't think you made a ton going from 380 to 420.  So yeah, we'll see if this all works out and as time goes on, I don't think it's going to be that big of a deal, but I could be wrong. So no interesting in the comments section, but lastly, I will just say this. This is a pretty great year. I mean, look at all the institutions that are here. Look at all the different track that has been laid. Look at all the different projects that actually have a working product and actually does something. Coinbase gets listed. That is the second publicly traded company as far as their exchange right behind Voyager, even though Voyager is a brokerage. So that is pretty interesting and hopefully 2021 is going to be a monstrous year. Let me show you the comments section. Let's move on to our last piece and just little notes here about Twitter. So I just had a little poll and I said, hey, I thought it'd be funny if Coinbase, which has their outages, if during their listing, that they actually went down during the whole time, but apparently it didn't happen. They actually were able to stay up. So congratulations, Coinbase, for one time you didn't crash. And no, I'm just kidding. I mean, congratulations to Coinbase. They did a lot of tough work to get here. They've been around here since the very beginning. And I will say this, I talk bad about Coinbase because I'm kind of ticked off about their fees, but look, if you're new and you don't know what's going on, Coinbase is a great place to start and they can onboard you and they can get everything done and you don't have to do anything really. It's super simple. So for them, the ticket is worth the cost of the admission and that's fine with me now. I mean, if that's what it's going to take, it's what it's going to take. So good. And then I talked about Doge in the top 10 and then I just talked about because Bitcoin today hit its all-time high and then dropped a little bit. But I said, you know, who's feeling like a genius is Diddy from the Bitcoin family. That guy in 2017, he sold all his vehicles.  So that's a pretty good day for Diddy. And then there was two more things I wanted to talk about. And that was this. This was from Charlie Viello and that is Charlie here's the founder and CEO of Compound Capital Abidges and he always has great information to put out. And this one's no different. He talks about he just does a lot of analysis and he says, look, here's returns over the last year. I thought it was interesting that Cardano was number one over last year, 3,290% Cardano. Pretty good, huh? And then we had Binance Coin, which, you know, has been a great for this year. Polkadot, Ethereum at 1100, Uniswap 953. So when you take a look at, you know, like you just take a look at these projects, first of course, take a look at what they've done but take a look at what they're doing and take a look at how much they've actually grown over the last year. And then he kind of even breaks it down where he talks about year to date different projects that are crushing it.  And we don't really take a look and take a step back. It's like, what about in percentage-wise, what's been doing the best? And he lays it out. He goes, Bitthorne. Bitthorne, 2,700%. So my friend George is super happy about that. And then Terra, 2100%. Solana, 1,700. Binance coin, which we've all been talking about. Like it's so great. But, you know, Doge, FTX, Cardano, Filecoin, VeChain, IOTA, those are the big type of gainers. So I know we talk about how great certain products are doing, but really, if you're just here for the almighty cash, it's the percentages and just somebody to follow, Charlie Viello. And then lastly, I just want to say that shout out to Mike, the investor, because he was talking about Bitthorne all the time and for a long time ago. He's one of the guys that I recommend and missed a ball on that one. So I just want to point out one real thing that in the description of every one of my videos, if you just scroll down, besides all the tons of links that I have, I am the king of the show, let's be honest. There's some people that I watch almost every day and these are the ones that I recommend just because either they're kind of like me or they kind of have the same message and they're not crazy wacky people. So first one, Alex Masculi, because that guy, I mean, he was the on the institutional side, head of Bequan Services, deals with a lot of those billion dollar hedge fund guys. So he's kind of like the inside guy. Alex Becker, if you don't know him, that guy is, he's pretty funny and he's been around the space for a little bit of time, but he keeps things entertaining and he is also about percentage gains. Coin Bureau guy. I mean, that guy, guy is fantastic if you want to know some great information and really have it broken down into small segments. Guy's your guy. Hashoshi, that's my guy over there. Forrest, he is a developer, so you get the developer side of it, not just like my fundamental side, but actually the nuts and bolts. Mike the investor, low-cap gem guy. Dave, Digital Dave, are crazy for cryptos. He's the one that turned me on to Theta, Bitcoin Cash and T Fuel. So definitely check him out. Nob's is downtown Abbey British kind of guy and he's just a little bit more like reserved even than me. And lastly is Diddy from Bitcoin Family. So again, check out those guys in the description. I watch them, like I said, almost every day and they always put out great stuff. So first of all, if you stay with me at the end, I want to say thanks. I appreciate it. If you liked the video, give it a like. Also consider subscribing. A lot of things are time-sensitive. Really helps out. And that's it for today. So thanks so much for watching and we'll see you on the next one.