I try to do these things around evening Philippine time but today seem particularly auspicious since we have the Bitcoin spot ETF about to be approved by the US SEC so that's a whole thing. So in this episode we're just going to be chatting a little bit on news developments regarding Bitcoin in particular and crypto in general. Why big lang andami ulit nagdadal-dalan about crypto and that's good like if there's more chatter from people who you don't normally associate being in the space like yung mga friends mo na ulang interest or nag-invest datit as nag-drop out, that yun nga the market is heating up because the market only heats up if you get fresh money coming in. Hindi lang yung mga usual investors but the general public and that's why the Bitcoin spot ETF is such a big deal. We'll talk about all, we'll talk all about that right after the ad break when I can find, here we go. Wala pang 5 minutes nagsizigit ka na para sa windows mo. Maraming na kaming na tulungan. Dati, said hindi purchase ako. But now, I found a log of my life. Dati, ingresan walang purchase ang life ko. But now, I'm a world-class Zuba instructor. So, web developer ako and content creator for a YouTube channel and ngayon ganun pa rin ako pero activated na yung windows ko. Kaya ako nagahahanap ka ng legit, mura at original software. Check out cdkoffer.com I just saw a news report from ABSCBN like a couple of days ago explaining or the topic was na yun nga. Is it time to reinvest in crypto? So, just as a general explainer and then we'll get into why I wanted to do this stream today. It's not a good time. A lot of people are still at work. It wasn't announced also but today is a great day to do a crypto watch episode. Not because maybe the market will go up but because it's really emblematic of how crazy crypto can be. Parang talagang, like the events that happened a few hours ago are just crypto in a nutshell. Sobrang roller coaster niya, sobrang andami mo conspiracy theories especially if you follow crypto, Twitter, et cetera. So, the big news in the short term is that the US SEC, the Securities and Exchange Commission is about to most likely 99% sure within a couple of hours approve the Bitcoin spot ETF. So, that's a lot of jargon. What that just means is it's an investment product that makes it super easy, a lot easier for the general public and institutional investors like pension funds. Because the ones pushing or applying for spotcoin Bitcoin ETF are BlackRock, all of these big investment companies. So, the market is very bullish on it because once the US SEC approves the spotcoin, the Bitcoin spot ETF, then it'll be a lot easier for new money to flow into the market. Just saying hi, sub Casey Bolio, smartlester. Sob Ken, this might be a good time for you because with the time difference, not so great a time for Philippine viewers. I did not get any free Bitcoin from GCash, Casey Bolio. Parang ayaw also want. I can imagine that it's double now. Don't add yet though, don't add yet. We'll talk about a little bit in the episode when, in case you check your email, I have an email to you. Basically, we sold some of your stuff and we're asking where we can send the proceeds to. But later on in the episode, we'll talk about the roadmap for crypto for 2024. But just for today, finally, the US SEC is most likely going to approve a Bitcoin spot ETF. And the backstory to that is this has been 10 years in the making. 10 years na since the first companies tried to register this investment product with the SEC. The SEC turned them down. They had to go to court. So they went to a federal court in the states arguing that the denial of the SEC was basically capricious. Not based on logic, not based on law, not based on reasoning. And the court agreed. The court said that the SEC had not proven that there was a logical reason to deny this Bitcoin spot ETF. So basically napilitan yung US SEC to approve this. A lot of people are waiting for it. And like back in November, I think there was a news organization na medyo trusted that came out with a tweet saying na na-approved na big lang sobrang like skyrocket yung Bitcoin and then they had to apologize because that wasn't the case. And just like a couple of hours ago, so yung deadline for the approval, kasi may windows yun e, mag-submit ka nung application, there's an X amount of time that the SEC has to decide on it. So ito na yung last day. And just a few hours ago, the official Twitter account of the US SEC posted na yes, approved na yung Bitcoin spot ETF. And then just a minute or so later, like literally a minute I think, the chairman of the US SEC, Gary Gensler I think was a Gary something. Who is the favorite boogie man or villain in a lot of the crypto stories? He tweeted from his personal account na mukang na-hack kami. Yes, the US SEC Twitter account sent out that message saying na-approved na yung the Bitcoin spot ETF, but that is not true. So in the span of a couple of minutes, obrang bumagsak yung market, actually when the announcement was made by the official Twitter account of the US SEC, bumagsak yung market. And then when Gary Gensler mentioned na-approved na, big lang umakket ulit. So it was a real roller coaster. So should you buy now, a lot of people are saying that this is not an unexpected event. The deadline for the decision of the US SEC was very clear. As the days got closer and closer to the deadline, it became more and more apparent that it is more and more likely that they will be approved this time around. So a lot of people are saying na, marami na speculators that drove the market up higher and basically the approval is already baked into the price. Hindi na-acket yung market. Basically, a lot of people are just waiting for the market to sell. Sorry, waiting for the approval hoping na tataas yung price ng Bitcoin and then they want to sell. It's actually been wild following this for the past six weeks like since late November through December up to today. It's been rumors and the price the last week of December. Usually walang nangyari last week of December because they call it in stock trading, window dressing na lang. You don't want to make a lot of major moves before the new year. A lot of people are on holiday. You also have done your tax stuff. You don't want to push your profits to the next year because you want lesser taxes in the taxable year of 2023. So you don't want to do a lot of trading, a lot of profit taking or what not during the tail end of 2023.  There was a short candle. So it's been really wild watching this news and to be honest, I have a few longs which are in the green. So longs mean you used leverage to basically bet. So you can do it traditional style na. I have $100 and I will use that money to buy Bitcoin and I actually own the Bitcoin or you can use leverage trading like buying futures where basically pinapa the exchange that you're on will lend you money. You put up some collateral whether that's US dollar or some other or a cryptocurrency and they let you borrow obscene amounts of money. The amount of leverage that you're allowed to have on the exchanges, the major exchanges is insane. At the time, like mga November, so I've been trading for a long time. I've been in the crypto space for a long time but I really only got back into the game around August last year. Before that, I was really kind of, I took a body blow and Bitcoin hit an all-time high of 69K and I wasn't expecting it to go down and it really went down and it went down really fast. So naulaw nung gana. So I was still watching the space but I wasn't actively trading. But I got back into the game last August and ever since then, I've been trying to up my game in terms of profits generated and really the amount of time that I'm spending thinking about the trades, following the news, executing trades and things like that. But last November, when I was just starting to get, when I was just starting to do leverage trading via futures, like I lost a lot of money and I was like, ah, the whole point was like I wanted to get my feet wet and to get experience with futures. Yung nangyari kasi umakiat yung Bitcoin. Inisa ko temporary, taas lang yan. Kasi inisa ko malayaw para niya approval nung Bitcoin spot ETF.  But, and it's an important lesson, the market is not rational. It is rational over time but not in these very compressed time spaces where the very aggressive trading for leverage trading is, you know, deals in. Kaya I lost a lot of money. But it was a blessing kasi basically use a lot of money on futures if your collateral isn't enough to back up the things that you paid for or that you bought using collateral using the leverage. So na call ka, basically your assets are all sold when the exchange determines that okay, lampaskan na dun sa ceiling mo. Ito yung, let's say, utang mo 1,000 pesos. Yung collateral mo is worth 2,000 pesos. Pero bababayan is, especially if you're using crypto as collateral. Basically when your collateral hits the value of what you owe, you'll get called and everything is liquidated. So na liquidate ako, I lost a lot of money. It was a real body blow last November. But yeah, you have to get back on the horse and it was learning experience and it was actually a blessing because after that I became very conservative in the sense na I was still using leverage trading futures but leaving a lot more room for failure and for these market dips. Akit babayan, yung sobrang nakakalungkot kung na call ka, kung na liquidate ka and then two days later, akit yung market.  So that was a real lesson for me. It was a painful lesson but a very good one to leave a lot of leeway for market movements and I thought na that was still a lot. I think I was like 300 because you can see a percentage at least the exchange I used crackin may health percentage of your futures account your unrealized profits and losses versus your collateral. So I was like 300% good like 300% healthy when I went to sleep. The next day pucha na liquidate ako like everything in my futures account was sold off to pay for my debt kasi sobrang bumagsak yung market. So that was a lesson for me ever since then I've been using futures yes but with a lot more margin for error. I try not to go below 600-700% health and these are random numbers. It really depends kasi on how much you have in your futures account but just in terms of percentage I always try to have at least 700-600% actually when I go below 1000% health kinakaban ako and that has saved me a lot saved me in the sense na andaming yung futures yung crypto market sobrang roller coaster and people use it like gambling na they borrow a lot with very little collateral and then kontin galaw lang ng market wala na, makul sila, ma-liquidate and you see it in the crypto news all the time $100 million worth of shorts was liquidated kasi bakilaw makit yung market and things like that So painful lesson but an important lesson for me especially because you know the smart trader is the one na may capital to invest long term when bitcoin was $16,000 sa bitcoin dun ka bumili 80% of your of your funds nakapasok na sa bitcoin at that point but I am not a smart trader and basically yung long term investment ko na bake in na kasi andami kung hawak na crypto from the last time na nag-all time high so I figure I already invested it very poorly but na dun na yung crypto pag umakit ulit yan yun ay long term investment ko I can sell it at high prices so that's why in the short term before we get to those all time highs I'm very aggressive using very little funds but maximizing them using leveraged trades yung nga yung futures so that's why I've been following the news with a lot of interest but now I don't know what to do because nung na-announcing bitcoin ETF fake news erroneously a couple of hours ago and ang hirap, you know you're trading in the Philippines we're behind the US sorry we're ahead of the US trading day ng US let's say 9 a.m. New York time is 9 p.m. Philippines patalog tayo pag ising sila so any market movements you're basically asleep for it but now I don't know what to do because when people thought that the news that the ETF was approved big lang bumagsaki market and you know I'm di naman sa nagyayabang but my bags are pretty green I was able to get in at a good price not the best price again but you know they are they are pretty good now but they could be even better if bitcoin hit 48K, 50K parang ganon but will it have and medyo 99% sure na yung mga tao na ma-approve yung bitcoin ETF so the question now for me is should I sell now where I have very clear profits not as high as I expected not as high as I would want it but very clear, very decent profits or keep riding the roller coaster even though may preview na tayo what the likely market outcome will be at least in the short term of the approval of the bitcoin spot ETF so that's that is where I am now that's the very short term but let me just let me just go through chat a little bit sa brennan risk management is key amen to that binmar like the flippant answer would be if you don't want risk don't be in crypto you put it in time deposit you put it in bonds crypto is inherently risky but a strategy with less amount of risk is dollar cost averaging basically you choose an asset whether it's bitcoin or ethereum yung medyo blue chip na man na crypto solana may be and every month you buy doesn't matter if the market is up doesn't matter if the market is down you set a goal for yourself every januari 50 every 15th of the month bibili ako nung 1000 pesos worth of bitcoin for example so dollar cost averaging even though I say dollar cost averaging but you can do it in pesos or whatever the technique there is that you buy over time so yung over time mo yung risk management mo because you're not trying to time the entry or exit properly you're just trying to get the average price of the asset over time which generally is better in the long run than trying to time it because it is really hard to time the market and a lot of people do dollar cost averaging and in fact the numbers like when you crunch them dollar cost averaging or buying a specific asset at a regularly scheduled basis instead of trying to time the market will get you a better return instead of trying to time the market on your own one of the crypto a lot of crypto a lot of crypto twitter likes to treat Michael Saylor as a god Michael Saylor owns a business basically his entire thing is just buying lots and lots of bitcoin kahit kahit baba he is buying a shit ton of bitcoin but yung nga it's not exactly dollar cost averaging but he's not trying to time the market too much it's an average cost over time so you can actually do really well you think as a yung you think high risk, high return low risk, low return but crypto is already inherently risky and if you use dollar cost averaging for a lot of people that would be more profitable than trying to actually time the market hello rich I remember you from the stream my mother board was grounded by my monitor that's very interesting if you're still in the stream how did you find out like you plugged in a different monitor and the keyboard started working but I do remember this question from the stream because it was it was a little hard to diagnose doggie doggie recently bought asrock 6600 napansi ko minsan yung fanya mismo di na ikot or nag-iron pero minsan nagana any info that is normal it depends on the card but a lot of the cards especially more modern cards like the 6600 nakabiltin na yun I will only turn my fan if I reach a certain temperature that is very common so kung nakahaydal yan if you're not running a game on it for example you most likely nakapatay yung fan again it depends on the model the exact temperature depends on the manufacturer but that is often the case I wouldn't worry about it if you notice that your fan is spinning the GPU fan is spinning on load then it should be fine you can use something like MSI Afterburner which is a computer which is a program which you install and then you can be the one to set a fan curve or your GPU so pag 40 degrees pa lang yan gusto mo na ka 50% fan speed na you can do that in Afterburner yun so short term there is a lot of interest being generated in bitcoin because of the potential long term effects of the spot coin the bitcoin spot ETF and these are major players like black rock citadel i think i don't really pin these are the big investment houses and just to add more spice to it in their applications they need to disclose an yung fees that they would charge for okay i want to buy into this fund may investment fees yan that's how they make their money the expected market is so large that everybody with applications is are cutting their rates so pa lang naging sobrang cut truth na yung competition to attract people to their particular bitcoin investment fund their particular bitcoin ETF so people have been cutting rates left and right which would imply nga that they're seeing they're anticipating a lot of demand for this particular investment product but if you haven't bought yet like i mentioned to Casey earlier i wouldn't right now it's like by the way bitcoin is around 46,000 right now again this is not advice this is just what i would do and just this morning i was tempted to buy in but i buy more in but i refrain personally i think it's really risky like there's a big chance that the market will not go up it will tank and even if it goes up you're looking at maybe 10% at the most so a 10% gain versus actually losing money a slim chance at a 10% gain versus maybe a much larger chance of losing money i wouldn't personally buy in now i haven't bought in now i was tempted this morning when i saw what the US when i saw the fake news from the official account of the US SEC i was tempted to buy in but the market looks really dicey and so i don't know i don't know i might lose my nerve and just sell the longs that i have now for a tidy profit but you know a small part of me like wants to keep holding during the announcement to just see what it goes i would love to sell at around 49k bitcoin i don't even like the most optimistic estimates i've seen is like climb to 51 before everybody sells off i don't know but i'm not even looking at 51 maybe 49k for bitcoin i'd be happy to sell at 49k so that's why everybody and their mother is starting to talk about crypto again and then in a couple of months end of march early april will have the bitcoin halving where basically the amount of bitcoin generated is by design nakabakin na yan dun sa program the software running bitcoin the amount of rewards is halved so i don't remember how many bitcoins you get now but if for a successful block creation let's say you're getting 50 bitcoin you only get 25 so and again it's a genius of the system a lot of people outside of the space don't give bitcoin a lot of credit pero pinikisipan talaga whoever satoshi is because the more of anything that you generate there's inflationary pressure it becomes less and less valuable that's why there is the halving baked into bitcoin where over time by design the amount of bitcoin generated becomes less and less so it is a finite asset and we're going to be having the bitcoin halving another halving it isn't the first halving but we'll be having the next halving sometime late march early april so for the long term basically long term 2024 it's supposed to be a good year for crypto a lot of money is going to flow into the bitcoin and after that altcoins led by ethereum solana so if you got into bitcoin got disgusted that you know oh god my dude's coin I bought it at like I don't know 100 pesos now it's like 50 pesos 50% loss I don't want to look at it anymore start looking don't sell yet but start looking because it's expected that the prices will rise in 2024 it's still early wait for bitcoin to go past its all time high of 69,000 some some of the accounts that I've seen that have a good track record are predicting at around 8 you know will over 80,000 yung all time high in bitcoin this year I've seen some speculation like 200,000 something wild like that by the end of 2025 1 million USD per bitcoin that's really way outside of my time frame plus you know these are very very speculative numbers but you know grounded in reality 80,000 per bitcoin will really mean that a lot of the other coins also go up in value just how just like how it was when bitcoin last day this all time high of 69,000 when everybody and their mother was in the crypto space and that's what you want you need a lot of liquidity flowing into the markets buying up stuff sending prices up so if you're out of the if you were out of the crypto space but still have that crypto I would start looking at it just to see where the prices are but wait wait for it wait for August maganyan because kaya nga pa sinmalapa lang tayo but 2024 it's supposed to be a really good year for crypto sabli yung magdaye for an ITX build I think that's perfectly fine my ATX build is 60 an idol for the CPU flame of ryok no because back in the olden days you would mine or create more cryptocurrency using GPUs so that's the hardware that people would use but nobody uses GPUs for mining anymore for bitcoin you could use GPUs before but even back then we're talking about pandemic times hindi na cost effective to use GPUs it just you would spend more on your electricity than you would gain from the bitcoin that you generated so a lot of people were using ASIC miners already back then what a lot of people were mining during the pandemic time was ethereum but ethereum has moved from proof of work to proof of stake basically you need to use a lot you stake your ethereum or the ethereum that you have you stake it with a node or with a validator and that's how you generate more ethereum so no hardware computer is being used but nothing like the roles of GPUs that characterized mining before so this this renewed interest in crypto will not affect the GPU market if anything what might eff up the GPU market is the interest in AI because AI research training the large language models that is hoovering up a lot of GPUs and that's a reason why NVIDIA is you know shot up to a $1 trillion evaluation that's why the 4090 apparently is not available in China because it was part of the restrictions the US export restrictions trying to combat Chinese AI research don't tempt me Kaiser let's do a hardware sugar meme coin and then like let's just ride the wave but I don't want to get in trouble with our SEC who knows how who knows how how our SEC would react to that that's the hope that's the hope but yun nga just a couple of hours ago may fake news it was the official US SEC account but it was fake news apparently it was hacked not hacked but unauthorized access I guess that's a hack anyway and then what happened there but the market thought it was legitimate news because it took minutes before we got official confirmation and the market dropped like a rock so I don't know I don't know where to position for my short term I think this is really short-sighted by our SEC because our SEC has a lot of other things they should be doing even just basic things like creation of a new corporation approval of other investment products I'm a lawyer I used to do corporate law with recognize with a large firm in Makati so I a little familiar with this space not that I've been in it for a long time my wife is still a corporate lawyer with one of the biggest law firms operating in the Philippines so I hear about the space all the time my personal opinion after hearing all those news is that our SEC could be a lot more efficient in doing the basic things that they should be doing and yun nga yun nga why waste time on banning binance finance yes, they are operating they are operating without a license here but there are a lot of other things that the Philippine SEC could be doing to generate investment to protect investors and just a regulation in general I'm not done poorly I'm not a fan of just for example if you want a crowd fund here in the Philippines you can but you have to go through approved companies there are certain companies approved by the Philippine SEC and you can only crowd fund through them and so it was like that was an initiative that the SEC like to trumpet now look at us we're so modern we're so technically savvy na oh, pwede na mag crowd fund sa Pilipinas duman ka lang through these I think there are five companies and you can crowd fund but just recently like a couple of weeks ago it came out that one of the companies approved authorized by the Philippine SEC the president stole money from the company and not pipitrugin they were not talking like a million pesos we're talking like I think hundreds of millions of pesos we don't know yet because they're still auditing the company and so that's the problem when you try to have these regulations in a very fluid space the regulation and you always hear about consumer protection et cetera I'm a grown man if I want to spend my money speculating on meme coins let me edyunya when regulations stifle instead of encouraging investment that's where I think there is overreach by the regulator so on a legal on a legal perspective yes, Binance is not allowed to operate here will the SEC continue with its threat I don't know but on a practical level just use a VPN not only is the regulation not only is the enforcement unnecessary I feel it's also inept use a VPN I mean as millions of people in China their government censors things use a VPN to find out what your government doesn't want you to find out personally, I think the Philippine SEC could be doing a lot more productive things rather than enforcing a ban which on paper is legal medyo may hirap makalusot Binance dito wala nga silang license operate I think that's the kind of license that they need which they don't have none of the major exchanges I believe none of the international exchanges I believe have the proper license to do business here but again I don't think it's ultimately productive by the SEC yes good advice in any market I actually I don't use Binance I use Kraken Kraken is my primary exchange my CX is the centralized exchange compared to DEX decentralized exchange I actually haven't done a lot of stuff with PDAX I used to do a lot of stuff with coins before but coins had a radical re-change and I haven't done business with them in a long time I am thinking of actually moving to PDAX sapkin but the thing with all the local exchanges you don't have it's very restricted and again another reason why a crackdown on exchanges doing business here without a license is ultimately not good for the consumer you're severely restricting the options available to Philippine consumers you don't have leverage trading a ton of coins that are available on Binance on Kraken on other exchanges are not available on the local exchanges here ultimately logay ang Philippine consumer and they'll still get in trouble anyway if you're trying to protect the Philippine consumer he or she can still use lose a lot of money on the local exchanges rather so banning foreign exchanges is not the answer to that so again it's just I feel that's not a productive regulatory development yes, I have mind bitcoin in the fast but don't do it anymore GPUs technically can still be used for mining but yung yung makukuhamon na bitcoin sobrang liit lang sobrang liit lang it's not cost efficient your hash rate it will be super low hash rate is basically the measurement or the speed at which you are able to mine if you really want to mine bitcoin now get an acic miner but even then our power rates are not efficient we have some of the we have one of the highest kilowatt per hour rates in Asia sobrang mahal nung koreyente sa atin dito thank you mahal ko thank you NGCP thank you too if you're watching in Sibu or something you have a different power distributor but our power rates are one of the most expensive in the region when you mine you want to have cheap power because yung basically yung opex mo yung operationing expense mo yung capex mo the capital expense is to buy the hardware that you need to mine the opex would be electricity and that is that is a big that is a big chunk of your budget because you will need to be selling the bitcoin that you're generating in order to cover your electricity so in general mining in the Philippines is not recommended I would not recommend it not unless you have let's say solar you bought solar that's fine part of your capex to feed the energy you would need for machines but yung yung for mining now either you buy an asic miner so that's dedicated hardware or you're mining some coin that is not very well known and so you're very unsure if tatasyan in value and also you're not sure if you can cover your electricity costs because yung all of the major coins particularly bitcoin and ethereum they don't use GPU mining anymore I know right the timing is suspicious so I just wanted to get this stream out probably a couple of hours away from the historic announcement although I love I think Michael Saylor on twitter on twitter on ex the modern name of twitter was like bitcoin ETF is the only product in history which the US SEC approved twice kasi yung first time yung na hack yung twitter account tila and then the second time will probably be the official one in a couple of hours so very exciting for the markets although the initial you look at the data when people thought it was approved big lambo magsak and when it wasn't approved big lamb to maas sorry I do need to play the ad again before I forget then I'll get to the chat and my final thoughts on the crypto space moving forward in 2024 windows 10 and windows 11 activation pose legit safe and pinakamura madalilo mo order hanapin ang windows version na gusto mo piliin ang preferred paper and pencil wala pang 5 minutes na sizigit na para sa windows mo maraming na kaming na tulungan daddy 7 depart ako but now I'm from the love of my life dati ingresan walang purtos ang life ko but now I'm a world class Zuba instructor so web developer ako and content creator for a youtube channel and ngayon ganun pa rin ako pero activated na yung windows ko kaya akong naghanap ka ng legit mura at original software check out cdkoffer.com check out cdkoffer.com like if you must speculate right now like you're in FOMO and you're like oh god there's like this big thing I would maybe not buy bitcoin but buy ethereum the old coins are supposed to do well after money shuffles out of bitcoin but generally there is a market generally after the approval a lot of people think with good reason I feel that there will be a general market crash back to around 35,000 per bitcoin so resist the FOMO wait until we get to around 36-37 again before buying BTC if you really do have FOMO and you're gali ka sa pera and you just want a little bit exposure because you never know and that's the thing with crypto in particular you never know big lang mag roller coaster yan but I think the safer bet that will still might get you a lot of money is ethereum parang waiting to explode na lang in ethereum but if that doesn't happen but when bitcoin goes down a sharp drop usually all of the old coins drop as well but in the very near term if you have FOMO I would personally buy ethereum over bitcoin I'm not going to because I'm also already long I mean I have long positions I've already entered the ethereum market on some longs but actually ethereum is one of the things I'm looking at for 2024 as well I see this a lot I see this a lot especially on local Philippines on local crypto groups because everybody is like don't keep it in a centralized exchange like Binance or Kraken leave it in a dex decentralized exchange like I'm going to be honest all of my money coins and money is in Kraken is in a centralized exchange and a lot of the Uber crypto guys are like oh, oh, oh, mga hakiya and you lose all your money but my point because in holding crypto is as an investment I'm not holding it as a safeguard against you know Armageddon against the end of the world I'm not holding it long term I don't need to keep it in a cold wallet or in a hard wallet what I need is when I have a need to trade I can trade right away yun yung primary concern ko and that's why I have my money in Kraken what I like about Kraken is it's a major exchange but it's not as visible as Binance or as a coin base so Kraken is a big boy but he's not like top of mind big boy so I'm sure people have been trying to get into Kraken for years trying to hack but they do seem to have a very competent security team wala kapag naringig na na hack yung Kraken and I've been on them for years for a very very long time I've been on Kraken so I think it really comes down to what you need the exchange for if you want more security if you don't if you're not very liquid with your coins like hindi pasok labas hindi pasok labas then a dex or a cold wallet is fine but for my needs I'm happy with Kraken and hang on just one sec I think I might have hang on guys I need to sign something for hardware sugar I will be right back sorry speaking of doing iso business doing in the Philippines to sign some stuff for the business permit renewal of hardware sugar so yun I really think it depends on your needs I would not be too scared about leaving all like me or substantially all of your amount of your money in a secure and trusted centralized exchange for me that would be Kraken for other people it would be other exchanges and then just like last on this parang yung I notice a lot yun nga on the local Facebook crypto groups if you want to sound like you're an expert if you want to sound smart whenever somebody brings up centralized exchange like pedax then you say dito ka sa dex and it's kind of like it's kind of like in computer so when you want to sound smart it's like oh wakam mag-RGB kalokuhan yan and I don't know oh bottleneck my number one pet peeve if you want to sound smart and you're talking about computers you just bring up bottleneck bottleneck bottleneck and then but it's not really very useful like I I don't feel it's very good advice because the recipient of the advice might have different needs and again that's the same with bottleneck ako personally I got a really fast GPU before compared to my old CPU but for my needs sapat na siya I was able to run modern games on my old system similarly a lot of people you know because dex is less well known than a centralized exchange so you sound smart you're like in the know naka decentralized exchange ako but it might not fit what the person needs so hindi siya yung parang automatic na mas magandin dex over sex or sorry centralized decentralized exchange over centralized exchange or vice versa it really depends on your needs but I would be worried about anybody with automatic answers like that automatic answer na bottleneck automatic answer na mas magandin yung decentralized exchange over a centralized exchange each has its own pros and cons indeed indeed so that is the short term reason by the crypto market when you say crypto market you're really talking about like 80% sometimes the bitcoin market like where bitcoin goes generally the other cryptos go as well that is a short term reason why people are becoming interested in it again the anticipated large influx of new capital because of the probably soon to be approved spot ETF but in the medium term talking like three to six months more interest in bitcoin will be because of the halving which a very big thing it will never go back like if you're earning 50 bitcoin now per each time that you mine like each time that you that you mine a block you mint a block it will be 25 after the halving I don't know the exact numbers but it's divided by two you're it's halved so and that never goes back pa kontin ang pakonti ng rewards and the supply of bitcoin is finite so halving is expected to push interest further in crypto in bitcoin towards the middle of this year leading to another all time high of bitcoin and leading to bags of money also for the old coins so again this is not financial advice it's just that I've been interested in the crypto space for a long time so I find that over time like you know you could do a vend diagram before of people in crypto and people with no idea about crypto and slowly over time nago overlap na yan like a lot of people a lot of people that I wouldn't think would be interested in the space became interested nung when it started to reach all time high yun nga dumating na sa mainstream consciousness how early was I at bitcoin single digits when I became interested in it pwede ka pang mag-CPU mining obviously I'm not a genius because if I did I would have just kept buying and buying bitcoin I mean it was it was like a hobby it's like wow it's really interesting that how it's constructed and how you can mine it using your computer at the time yun din na kailangan ng asik miner na ngayon so it's just been really fascinating for me to follow the space I've made a little bit of money sometimes lost a lot of money and that might happen to me now when they probably announce it when it finally gets approved in a couple of hours but we will have to see but definitely whatever happens however the market reacts to the spot ETF 2024 is supposed to be a really good year for bitcoin and crypto in general I'm not saying you should get into it but if you're interested in that space I think there personally is a lot of money to be made if you get a little lucky on your timing if you dip your toes in at the right time so that is it for crypto watch the first episode of January the first episode of 2024 and hopefully it will all be good news but it's not like that in the crypto space it is never like that in the crypto space so yeah thanks for watching we had a video drop yesterday the price watch episode for this month then tomorrow we'll have a short oh and then Friday we have a video coming out I know two weeks ago I said that I would release a podcast episode but I need to release a video for our sponsor so the podcast episode will be moved just a little to Sunday and we do have a lot of videos left in the pipeline wherein it's busy editing them now and I'm also busy shooting some new material now so stop my recording I'm sorry man I'm just about to go but you can watch the VOD and you seem pretty knowledgeable about the crypto space so I'm don't think anything I said in this stream will be of news to you yun alright so I have to walk the dog and then I have a faculty meeting because I do teach the subject of which I find very funny like how I ended up teaching and that particular subject so I do have a lot of stuff to do but I will be glued to my phone waiting for announcements on the approval and yung I really don't know should I sell now maganda na profit ko e dissente na profit ko e and I've always run into problems when I try to hold out for a little longer yun talaga yung problema ko as an investor I think it can go up just a little bit more and like my general advice to myself it's always like pag maganda na sell na pero gusto ko sana umabot ng 49k or so yung bitcoin but I don't know I don't know we'll see thanks so much for watching have a great day guys have a great week and be sure to tune in on the channel we have a bunch more content coming up


بلاه من الشيطان الرجيم بسم الله الرحمن الرحيم السلط والسلام على أشرف الأنبياء وسيد المرسلين أبل قاسم محمد المستفى صلى الله عليه وآله وسلم وعلى آله الطيبين الطاهرين الغر الميمين ولعنة الله على أعداءهم أجمعين السلام عليكم ورحمة الله وبركاته مرحباً لكم في our show The Beloved Viewers Respected Brothers and Sisters إن شاء الله لتواجد today's show I'll be your host علي برجي and with us we've got a guest who doesn't really need much introduction he's quite known through Imam Hussein TV none other but Sayyid Mohsin Shah السلام عليكم ورحمة الله وبركاته ورحمة الله رب العالمين it's an honor to have you Sayyidina إن شاء الله we're going to continue today's program with regards to the Islamic Seminaries otherwise known as the Hausa we've got into the Hausa in our previous program we explained what the Hausa is religious studies where brothers and sisters can attend to enrich their knowledge and understanding of Islam and the Islamic Sciences now إن شاء الله we'd like to further continue our discussion today and we'd like to firstly discuss with regards to who is more suitable of attending or enrolling in the Hausa بسم الله بسم الله الرحمن الرحيم Thank you Mr. Burjif having me شكرا لله Who does Hausa suit and what sort of person of student is ideal for the Hausa character, mindset Hausa is not easy and the level when I went to the Hausa when I started to study if I compare it to Western academia the level is at a level towards your first year of a degree but there's a lot of information there's a lot of detail very very mature information and mature detail so one who has an academic background and an academic background of critically analysing content would really really suit Hausa now what do I mean by critically analysing that means English Literature History Law maybe psychology and mainly philosophy where you have ideas and arguments which you can critique and you could analyse you could argue against to argue for and go back and forth to come to a conclusion people of this background that Hausa really really suits simply because they can sit and they can analyse texts and they can scrutinise it and to gain knowledge and to gain the correct understanding and the correct answer using traditional evidences of the Hadith and the Quran so a student of this calibre with these experiences and these skills would really really suit the Hausa but no one discourage anybody else from going to the Hausa because there are other sciences in fields of subjects which could benefit people who have come from an arithmetic background people who come from a scientific background people who come from I don't have the correct terminology for it but let's say a vocal background so if I was to give examples someone who comes from an arithmetic background would really really enjoy himself and now because these are formulas that are used to conjugate words so they learned different patterns and styles that you will get verbs, adjectives nouns in and they would learn these patterns and then whatever we call it the master the original word has and they can start to form different types of words from the original three-letter word so some of the arithmetic would really really benefit and really really enjoy a subject like that just to stop you there, sorry because the question came up why do they emphasise so much in grammar and how is it? it is Arabic grammar and first of all the hose of syllabus has been going on for hundreds of years and Salaf and Nahu was taught to make sure that the Arabs the students Salaf and Nahu was taught to make sure that the students had the basic understanding or actually an intermediate understanding of Arabic grammar so that when they were presented with texts they understood what role each word had to play in the sentence would the texts you mean for example the holy verses from the Quran and all of them whether it was the holy Quran whether it was Hadith whether it was Najro Balagh whether it was works by our great scholar such as Alam Al-Haley Alama Majlisi Shaykh Tosi Shaykh Mufeed when we studied their works we need to understand the Arabic that was used at that time which was Fasih and how that style of Arabic was to be read and understood and it is only with Salaf and Nahu that we can understand this now to break it down for the viewers to understand why Salaf and Nahu is so important if we look at the way what was performed in the Shia school of thought and in other schools of thought from the Quranic Aya this is all down to Salaf and Nahu especially Nahu where the word plays in a sentence and is referred to which verb in this case you have the Muf'ul B which is the defeat and then they have the verb the verb is it wiping or is it washing or is it going back to the verse and then they can look it up and they can see where the word plays in the sentence and what verb does it refer back to with regards to back again to suitability for Haaza now you mentioned certain groups of people who would be very beneficial for the Haaza now if someone didn't have those skills would it still be a reason for them not to attend is it something they can pick up on the way so the only people that I would discourage to go to Haaza are those people who have given up on everything and they just actually to be honest even then those individuals who have tried different subjects and different fields of studying whether it would be the arts or the sciences and have given up on everything and so I might as well do Islamic sciences Islamic studies to gain some throw up I mean even those people benefit from Haaza everyone benefits from Haaza so I don't even want to discourage it also starts from the intention as well why go to Haaza the first thing that I would think is that firstly before you even want to think of you know getting into a profession or helping the community is for you to understand Islam there's so many subjects in Haaza Islamic sciences that widen and broaden your understanding that it actually increases your Iman as well your belief your understanding it strengthens you as a human being and obviously once you put that in practice then it's quite obvious for other people as well to see and it will attract attention positive attention definitely I mean I mean people have different intentions to join the Haaza it is family honour and carrying a tradition as in they come from a family of scholars we have many famous families Mashallah we have the Shirazi family the Hakim family the Qazouini's these people are families who invested not just time but generations into the Haaza and into developing the sciences we also have you know people who join the Haaza because they want to benefit their community and they feel that they have a very influential role in the mosque maybe they looked up to and they inspire a lot of young people and it is wise for this person to go to the Haaza you know to gain knowledge and continue to influence and guide and motivate the youth and the community and there are others who do it for the sincerity of the pleasure of Allah and there are those who do it for the shared love of the religion of Islam and studying that knowledge and the shared love of the knowledge that Islam has to provide so there are many reasons for going to Haaza and to develop your understanding of the Islamic sciences I can't tell you off the top of my head and I haven't even asked I haven't even asked my teachers what is the best of the intentions in regards to going to Haaza but I assume realistically wouldn't it first thing be to seek closeness to Allah I would assume it would be that that is to seek closeness to Allah and then after that draw others closer to Allah Insha'Allah Insha'Allah that should my humble opinion that should be indeed if not then obviously it is to serve the Imam of our time he is the true Haaza Dean now with regards to Haaza and politics yeah I wanted to bring it up because a lot of people discuss about it of course others that have been in Haaza may have their own experiences I just wanted to know what is your opinion with regards to these two subjects do they go hand in hand to politics in Haaza if they do should they I'll tell you the answer I'm supposed to tell you and I'll tell you the real answer the answer I'm supposed to tell you is that these are just things people say in rumors but the truth is that there are individuals who are politically driven and politics be a small scale between different houses or a big scale when it comes to different ideologies or different marajah we cannot ignore that there are some individuals who are influenced by these sorts of propaganda and these sort of campaigns and get involved in the Haaza it shouldn't be the case the Haaza should be a place for anyone to come and learn because they are regardless of their background their political alliance and what marajah they follow there's no need to get these involved in the Haaza you go to your lessons you go through your books you listen to your teacher you pass the exam and you go on and so forth the question is is that does it get political sometimes it does my best advice to anyone that's going to Haaza is to keep your eyes and ears open not to get involved but to understand what's going on and why it's going on for example without mentioning names without mentioning the topics there are certain subjects that are not taught in Najaf but are taught in Qom so why are they not taught in Najaf is there something wrong when you ask the scholars some of the scholars say it is haram to study these topics so what about those who are studying this topic and why is Qom teaching it if Najaf are not teaching it now to the rest of the world to keep the peace and to keep the balance and to keep the unity people will say oh no it's not like this it's not like that everyone is fine but I understand that and I respect that and yes they are definitely 100% they should be unity under the willy of Amir or she should be united under this regardless of their beliefs regardless of their marajah or their political background they should be united under the willy of Amir but academically we are allowed to come and discuss that why is Najaf not teaching this subject academically tell us why have the certain scholars had been this is haram are you aware of someone actually sat down and discuss this are you aware are you aware are you aware are you aware are you aware why is this science why is he deemed it as haram and he said had this respected future scholar and this is his respect opinion definitely this is his opinion based on evidence have A B and C and you know this is why the other hoses teach it based on evidence have A B and C it's just a difference of opinion we don't need to get involved is her Selena لن يجب أن نتخفير التقفيير ونقول أنه يبقى مجدداً ونقوم بشأنه ما يمكننا to do is to be wary and to understand the dynamics and the situation and then furthermore to go forth if you want to study it or not to study it but understand that there are differences of opinion and that you need to understand why there's differences of opinion and keep that in mind when studying the topic ياك so basically everyone should take everything in the beginning with a pinch of salt and investigate And definitely the worst thing you can do for any student is to go into the houses and believe everything you are being taught is the word of God and is 100% authentic and accurate إذا لم تفعله من القرآن وإذا لم تفعله من حديث من إحراني then there's no need to go with that much that oh no this is what I was taught this is 100% correct because there are difference of opinion and different you will be taught what you are taught you won't be exposed to what else is available until you progress when you progress then you will be you know you can start studying other teachers who have other opinions and then you can yourself you know derive your own understanding and choose your own path after that and also understand that one of the big benefits our school of thought has is that one of its main doctrines is to question everything نعم نعم not take anything blindly and just absorb it and I experienced it as well and it shows that when you encourage your brothers and sisters to question everything that means that at the end of the day your intention is to seek the truth and not just sway left and right and that's what I like about our mathab unfortunately I don't see it in every mathab in every sect to be honest you won't see it in every house unfortunately well that's the thing I don't have the experience I haven't been to too many houses but in نجف what I know we were encouraged and encouraged to question everything the only thing we don't question with regards to the religious rulings و that's only because for example that you follow certain rulings now you can later on move on to a higher level education and how was an acquired knowledge and get some understanding of certain rulings and why they were put in place but some can't really be explained and that's why we were told as well that Insha'Allah when Imam Az-Zaman reappears our Jalla he could explain everything clearly. I mean the main thing is this is that a lot of people don't have the skills and the requirements to understand what we call how law is derived. There's a long process of looking at the Qur'an, looking at all the hadith, looking at the what makes logical sense. I'm talking to you to understand this. How can you use the when you haven't studied logic? For someone who hasn't studied logic, how can we explain to them how the Akhali has been implemented here in this fatwa? Also another interesting point with regards to intellect and logic. I always thought that logic is something that Allah created us with. So we're born, we're raised and logic is fixed set in our mind but I found out that it's actually not the case. You need to calibrate that logic and if someone teaches you to think in a certain way which is incorrect you will think is correct but in reality it's incorrect. And that was very interesting. I mean the famous saying is that common sense is not that common and if we all had the same strong logic then we'd all be driving on the same side of the road. That's true. Not unfortunately. That's true. Insha'Allah I'll say it now. We're just going to stop for a short break and dear viewers please do stay with us. We'll be right back insha'Allah. السلام عليكم ورحمة الله وبركاته. Welcome back beloved brothers and sisters, respect the viewers. You are watching us on Imam Hussein TV. Our show is T3 Teach Talk and Thrive Insha'Allah. Just before a short break we were discussing with Sayed Muhas Insha'a with regards to حوزة. And insha'Allah we wanted to further on discuss about حوزة in general. How is the establishment funded? Excellent. Good question. Traditionally what happened was that all the مراجع that collect خومs they would distribute a portion of that to the حوزة and that money would be used for maintenance. It would be used for books and stationery. It would be used for شحرية that would be given to the students. And I remember my cousins, both of my cousins studied in خوزة. And they would tell me that they would receive شحرية from more than one مرجع. So it was like all the مراجع would collect and put it all in one pot. You could say their portion of the خومs that they're going to donate towards the حوزة. And a student would receive شحرية from more than one مرجع. So it was like there was a source of community, a source of networking in a committee where everyone would put into the pot and everyone would benefit from the pot. This is how the حوزة is maintained and this is how it's financed. And also obviously there are donors, people who comment and donate directly to the حوزة. Maybe those students who have after the حوزة have gone and done well financially would come back and also donate certain money for certain materials and stuff for the حوزة. So it was mainly on donations and خومس فاني was mainly funding the حوزة. I remember back in the day there was this incident where the Iraqi government wanted to actually fund the houses in نجافة كربلا. And the Grand Ayatollahs rejected this offer. Now why do you think they would reject aid from the government? That's a really good question. A good friend of mine always told me that whoever pays the bills is the boss. So if the government starts to fund the حوزة the government will pay the bills. So now the government becomes... They will be able to push their agenda superior. So what it is is that if the government starts to fund the حوزة they start to get a foot into the حوزة and they start to influence the حوزة and push their own agenda. Whether that being positive or negative. And on that time me and you both know that would have been a very detrimental and it would have been a negative effect on the حوزة. Even now I think me personally none other but the scholars should have a say in the حوزة and I think that it's quite wise not to allow any foreign bodies such as the government. I think the most important thing in the حوزة is that the only people that should have a power of influence are the مراجح or those qualified that the opinion is valid.  Nor would you take advice of a tailor about a car and how to maintain it and how to manage your car doesn't make sense. The same thing with the حوزة. Only those with authority and those with the knowledge should be the ones that advise and influence the حوزة to go to benefit the community and benefit the students and benefit the أمه إن شاء الله. Now with regards to the followers of أهل البيت عليم السلام who are attending the حوزة what potential is there for them? Let's say once they feel that they've completed even though we both know that the حوزة is never really you can't really complete the حوزة studies. SubhanAllah the knowledge is so vast. I think what majority of people do and what we recommend is that they finish the مقادرات so once you've completed those you can only do it in about 4 years 3 years 4 years it takes once you've completed that a lot of people have got strong foundations to go and if they wanted to to start to do تبلغ and to start to help in the community A lot of these people aren't ready to become leaders of communities and resident أهل البيت because they don't have a mature mind so if you think about the youngest age that the حوزة really accept is like 18 year olds and then they go to study for 4 years 5 years they come back 22 23 and now they're going to lead a community which are mainly made up of 30 40 50 60 year olds it's not wise and also that child that student hasn't really gained enough knowledge in terms of فرق and counseling and also to help benefit the community in society and social aspects as well as aspects to do with say mental health or domestic issues and things like that so it's really important that someone who just finished the حوزة doesn't go straight into leading a community but what is available is that you can help your community with certain workshops you can go and start lecturing about what you've learnt the حوزة doesn't also teach you what to tell people but it teaches you how to go and learn and gain more knowledge where to look for knowledge and what books and in what different avenues to actually go and extract knowledge to form a lecture to form a workshop or to form even a book to go and do some research and to write a journal or a short pamphlet this حوزة will teach you and provide you with these skills so there's a lot of opportunities for you to go and benefit and help your community and also there's a lot of opportunities to do further study to study in حوزة for four years you will walk away with something which is equivalent to like a bachelor's degree do they give you something in paper 100% this is very important that whenever you go to a حوزة you have transcript so like your exams that you've taken and your marks once you complete the studies sometimes if you're it is an امامة ceremony where the head of the حوزة will come and put an امامة on your head which you've rightly you know, earned some give you an امامة on the first day I would like actually to expand a bit on that just to give me your thoughts because I did I did experience it first hand I did see certain students would come not all schools accept that some are strict some it depends as well the I wouldn't say philosophy or the idea behind behind it now I saw for example حوزة if I could mention it says حوزة it's quite strict yeah so it's mandatory to finish off your مقدمة yeah and you take لجن اجزام okay these are basically اجزام recognized by all the authorities who run the حوزة I'm not sure once that is done you can get some certification just to prove that you've been here you've studied with this person you've you've been approved by this مجال yes and eventually as you've mentioned they'll be امامة ceremony now other حوزة would put on امامة just a student who just walked in yeah now when I asked me myself when I asked as to why they said that this could help encourage the students by wearing the امامة to feel the the responsibility the way of the responsibility the importance of it and it helps them keep the momentum in their studies now my personal observation in نجف was that this is it comes down to personality some may take it the wrong way yeah I think if a mature wise person would wear the امامة from the get go first of all a lot of pupils might refuse yeah because it's quite a big responsibility because my belief is that once you wear the امامة you're leaving breathing walking Islam yeah so every single thing you say and do represents Islam which is very important and that's why lots of times we get all these controversial problems left and right because of random people walking around pretending to be knowledgeable now how could this be improved in the house like how could you stop this cultural thing of let's say wearing the امامة on someone who's not qualified and if he's abusing because for example in نجف you are very respected for being a pupil and a house without even knowing your capabilities your knowledge you are respected just from being a student and when you wear the امامة you're even more respected as a scholar and it does have it's like a double-edged sword unfortunately some people take advantage of it yeah do you think there would be a way to amend this problem so it doesn't occur the best possible answer I could give you is that a man's behavior is based on his own intention and his own characteristics the امامة the reason that they give it on the first day is because to wear the امامة it's the sunnah of the of رسول الله and the sunnah of the احل البيت to wear an امامة it is mustahab to wear an امامة in prayer even for non-students so the believers the umma are encouraged to wear imamas when they go to pray and even to have the hanek it is mustahab however today it is seen as if that those who are qualified they are the ones who have finished their studies and qualified they are the ones to wear it as if like when you go to you do a degree here in the west and you have your graduation you get the gown and you get the hats imagine good from the get go you just start walking around exactly you start walking on your first day in university with the gown and the hat it's different obviously it's different because this is the tradition of the احل البيت so I can understand people who have frustrations and have issues with this that you shouldn't give it on the first day and I can understand those who actually do give it on the first day because it's mustahab I think it comes down to the individual to make a sensible and mature choice and that once wearing it once you're in uniform that you have to conduct yourself in a certain manner which is deemed acceptable for what we call احل الممبر or you know طالب ال now also speaking of that with regards to students in حوزة there is a certain dress code yes there are certain expectations from the students we can go through them a dress code the students are not allowed to wear western clothing yes in نجف in certain houses in نجف yeah they won't be allowed they have to wear they have to wear this Sasha yeah traditional and Aba I believe okay and the reason is because it just for our respect it is it is the uniform for the student it is taken from the traditions of the أحل البيت رسول الله and it is in a way deemed as your professional idea at the time for example you have the this Sasha or the Qamees which is like a shirt then you have the Qaba which is like the blazer and the Aba on top of tradition out of respect and out of honour so it is similar to the schools here you can't go to a school with a t-shirt in the west you have to wear a shirt and you have to wear a tie and the blazer that is the high school that I went to there were certain high schools that didn't have that they had like sweatshirts and some and trousers and those high schools weren't seemed as prestigious or seemed as as worthy of sending your children to simply because they didn't have a smart uniform not to just not to say that that high school didn't gain good results from their pupils and that the teaching wasn't bad of course it was good I'm sure that many students went to that school and got a fantastic education but parents were reluctant to send their children to that school because of the uniform that they weren't wearing a shirt and a blazer same with the house you know there is certain criteria required and a student must dress appropriately I know in some houses you're not allowed to have short sleeve shirts you have to wear trousers you're not even allowed to wear jogging bottoms certain houses will say certain rules where you can't even be barefoot you have to have socks on it at all times so you know there is a أخلاك behind the dress code and there is a sort of tradition that's being carried on and passed on even in our houses we were taught that when you're when you graduate when you go on further to refrain from wearing certain clothing and to make sure that you're always like this and they even said that you'll never see even the US president dress like this or use these sort of garments to wear and they said try and google it try and find them see if they ever wear something like this they'll never wear it and there's a reason behind it and it's to do with أخلاك of dressing keep a certain image as well indeed now other expectations and the rules within houses as well not to eat or drink in public yes now I would like obviously for the sake of understanding for our viewers as to why has been that rule placed in the house how so I I can't tell you because I don't even know why that rule has been placed but I assume that is on the it is on the direction of that people have weird eating habits and that you know if you were to see a sheikh or a you know trying to drink out of a straw you know and he's making certain faces this is deemed inappropriate and he could be made a mockery of and he immediately so basically not to avoid any belittling of himself definitely you know if they were to see you know if they were to see a sheikh getting a burger or something and a sauce coming down his bed and it's on his you know it doesn't give a good image so but you can still learn how to drink an E in public I hope so I definitely hope so I just would like to share with you and our viewers with regards to what I was told in Najaf the reason why students should refrain from eating and drinking in public is again comes down to a clock was a Sunnah of the Holy Prophet that if he had food and he was going to eat in public he would first offer to everyone so he wouldn't ever seen eat on his own also another reason is because in Iraq obviously there's a lot of poverty indeed and it's quite bad both as an image and I would say spiritually as well or consciously knowing that there's poor people in the street who might not afford to eat and they're looking at a school eating kebab or something yes kebab is a luxury in Iraq yeah so those are really the reasons I was told as to why students refrain from eating and drinking now obviously that doesn't mean that wherever you are if you're not home or in the houses facilities you can't eat and drink there are certain windows for example you can walk into a restaurant and go into a room yes yeah sit down with your brothers or sisters and obviously if they're sisters only yeah real sisters yeah or Mahram siblings yeah so I understand it and I respect it yeah and to be honest with you I do like how I was maintained and I'm happy that there's certain ideologies and way of thinking and culture that has been kept just makes me feel more comfortable and ease that the message Insha'Allah is still intact psychologically maybe I don't know now unfortunately we're running out of time this time could be a blessing or a curse but when it comes to shows sometimes it's mostly like a curse yeah we're running out of time and we've got so many things to cover so Insha'Allah the last topic I'd like to approach with you is with regards to any brothers or sisters who wish to attend Hausa but for any reason where the personal financial health reason they're not able to attend Hausa be it in their own country or attend abroad in Iraq Iran Syria wherever Hausa is available for those who wish to attend Hausa and can't for whatever reason don't think that that's the end of of your Islamic journey and learning Hausa is very very simple it is a book you study the book you give an exam on that book and then you get the next book so you start off for example you start off with the you finish that you give exams on that then they will give you which is like a 800 years ago which discusses so much more you go through that you give an exam on it then you go on to I was taught by the ones by I was taught those ones so that's what Hausa is you get a book you study it you give the exam you go to the next level you can't really study by yourself definitely not so it's very important you need a teacher and the best teachers are the Shayog and the the Mu'amameen they say it's that I have been to Hausa who have studied very very hard and for a very very long time and that I have covered these books it is more than acceptable for you to go to a sheikh in this country go to the sheikh and say sheikh I have an interest in history can you give me a history book to read and can you examine me on it and he at the end of the examination can actually write through a reference letter to say that you know someone studied under me this book I examined him and and I passed it with this mark with his signature and if he has a ring with a stamp he can stamp it if he has any link to any Hausa and is recognized as a teacher that is valid and when you go to Hausa if you show that recommendation letter you won't have to take that quote in that module it will be accepted that yes you have covered this module and once you've done that book you can go on to the next book so if you want to learn as you know Quranic sciences you study a book on Quranic sciences you give things and then you go to the next one a bit more advanced and then you study that one and you give an exam on that the most the easiest ones and the ones that are attainable to the public it will be either Fiqh or Aqa'id so you know with Fiqh you have the رسالة عملية obviously Fiqh realistically Fiqh and Aqa'id should be priority definitely and they're the most available so for Fiqh for example we studied theological instructions after that we went on to Baba Al-Hadi Ash'a I don't know after that we went on to Divine Justice that was in my Hausa and then different Hauses but you start with one level then you go to the next level then on to the next level and so forth Mantik says Sadiq Sharazi in my life has a great book on the introductory you know lessons to Mantik and they develop in English that one is available in English yes you can get that in English and it's very good and even our teachers recommended it to us that if you want if it's your first time studying Mantik this book is really really good and it's really breaks it down for someone who it's not really you know Mantik was not related to has no clue because Mantik for someone new it can be a bit daunting and it's all these a bit you have all these new definitions and then you know you're learning how to analyze the sentence and to gain the maximum knowledge from that sentence and the Marshal says Sadiq has a beautiful book that our teachers recommended to us also has books on that were taught you know that they didn't you know restrict to Arabic but allowed English as well into that and help us develop so for those who don't want to go to Hausa but can't go to your your Sheikh and just ask them you know if you have an Ayatollah in the area that's even better you know that Ayatollah's recommendation it will be 100% accepted so if you were to study certain books not even study but the Ayatollah took your exam he wrote the exam and you took it and he passed you you know he marked it and he gave you a grade and he writes that letter I examined him and I know this is the grade I gave him and he stamps it and signs it off that letter will 100% will be worthy and any Hausa that you attend okay that's good so there's always a way when the will definitely and also let's not forget there's also online courses there's also it used to be DVDs and video cassettes before of different lessons that you could learn and take exams for Hausa you know subjects and Hausa lessons so there's a lot available you need to get involved with your local center with the sheikh of the Ayatollah and ask them that look what is available I can't go to Najif I can't go to Karbala I can't go to Qom Masheed what is available here for me to gain knowledge and to progress in Islamic sciences and they will definitely be able to help you if not contacting I would say in TV and we will definitely be able to do something for you Insha'Allah Insha'Allah Insha'Allah Insha'Allah if you'd like to conclude share anything else I would definitely encourage all those that please go to the Hausa if you can and if you can't go to the Hausa then definitely find out what books that they teach try to get yourself the first level and to study and to learn and to further further gain and the best advice I'll give you is this in the first year of Hausa once you finish the first year when you go to a Majlis you start to understand what topics the the lecture is the one that he's talking about in the second year you understand what he's saying and where he got his sources from in the third year you'll be able to correct his mistakes and that's how advanced you go so by the third year of your Hausa and he's speaking you'll be able to correct his mistakes so that's that's how intense that's how deep the knowledge goes in Hausa and that's just three years it takes for you just to sit down and listen to a lecture and be able to circle the mistakes and insha'Allah imagine with four, five, six, seven what we were able to accomplish so definitely for all those who haven't been to the Hausa insha'Allah I'll give you the opportunity to go and study if not then definitely try and increase your education and your understanding of Islam in the Islamic sciences and insha'Allah we pray for Mr. Burji that he retains the Najaf one day insha'Allah to continue his studies insha'Allah insha'Allah with that being said I would like to thank you all for watching our show I hope that it's been it's been beneficial to yourselves as it has been for us unfortunately we've reached to the end and I would like to ask you all to remember us in your duas the team who are making all this possible for us and also never forget to pray for the hastening of the reappearance of Imam Al-Mahdi عبد الله تعالى فرجل الشريف and insha'Allah we'll see you next time والحمد لله رب العالمين وصل الله على محمد وآله الطيبين والطاهرين


Your bed welcomes you, my friends. Your bed is the constant in life. After a hard and trying day, this is the moment you deserve. This is the moment where you can unwind. I know the mind may be racing and that's okay for now because it will come quiet during this meditation. Let yourself just get comfortable in the bed. You can fluff your pillow. You can rearrange the sheets. You can fan out that last fart and it's okay to smile. Maybe that soft grin is what you need after a long. And as you're now comfortable, the body becomes a little heavier. Sinking into your mattress.  As it sinks into the pillow. The tension in your neck against release. You find yourself being able to breathe effortlessly. You realize you may not have noticed your breath before today, but now you do. Each inhale through the nose. You bring in fresh, calming oxygen into your body. This fresh air makes you more relaxed into your mind. Breath brings a wave of relaxation from the tips of your toes to the top of your head. I wanna remind you of a few things that happened today. You made it through the day and you deserve this very moment of calm, uninterrupted. Effortless relaxation and sleep. I wanna remind you that no matter what happened today, if there was troubling news at work, some event happened within your family. At this moment, it is over. This is your time. No past event. No future thought can take this moment away from you. You did your best today. And repeat in your mind or out loud, softly, repeat that I did my, made it through the day. I deserve this present moment. I surrender to this present. I'd like to invite you to think of what happened today. I want you to find something that happened today that brings a smile to your face right now. Was it something you saw? Was it something you heard? What made you smile today? Or I'm feeling into your body and into your mind as you fall deeply into sleep. As you reflect on the day, what's something else that made you smile? Was it an encounter with a coworker? Was it a conversation you had? Was it simply a piece of music that you listened to? What else made you smile into your heart now and let it soften every muscle with gratitude, with appreciation as you continue to get deeper and deeper to a state of complete relaxation. You matter in this world. You did today. What you experienced today. What you lived for today was meant to happen. You can't reflect on the past with judging eyes. We reflect on the past with a smile. We look back at our days, knowing that it brought us to this moment. We are here. We are safe. You made it through today and that is spectacular. That is brave. That is courageous.  Sink into that state of sleep without feeling guilty, without feeling any hurry. Go deeper. This is your time. This is your moment. You dream peacefully.


This lecture is part of an online course on commutative algebra and will be about a proof of Hilbert's theorem that ideals of polynomial rings are finitely generated. So if you've got a polynomial ring in finitely many variables over either field or the integers, Hilbert showed that all ideals are finitely generated. In other words, they're notarian, and we recall that the property that all ideals are finitely generated is equivalent to the property that all chains of ideals, i1 contains an i2, i3 are eventually constant. And well, we're going to start off not with Hilbert's original proof, but with a sort of cleaned up version of it. You see, instead of working with polynomials, you can actually prove a more general theorem that says if R is notarian, which just means all ideals are finitely generated, then this implies the polynomial ring R of X is notarian. And since fields and the ring of integers are both notarian, so fields, the only ideals in the whole field and rings, all ideals are generated by one element, then by induction, you see that all polynomial rings in a finite number of invariant and a finite number of polynomials are also notarian. So we're going to prove that if R is notarian, then R of X is notarian. And suppose I is an ideal of R of X. Now what we're going to do is we're going to form a chain of ideals in R. So I naught is going to be the ideal of leading coefficients of degree naught elements A naught in I. Now that seems to be a rather roundabout way of saying the constant elements that are in I. The reason I was saying it in this roundabout way is because I'm going to define I1 to be the leading coefficients of degree one elements A1 plus A1 X plus A naught that's in I. So I1 is going to be formed by these terms here and I naught by these terms here. And I2 is going to be defined in the same way. It's just going to be degree two elements A2 X squared plus A1 X plus A naught that are in I and so on. And now we notice, first of all, that IK is an ideal of R. It's kind of obvious because you can add two polynomials of the same degree and you can multiply polynomial by some element of R and it stays the same degree. And secondly, it's almost as obvious that I naught is contained in I1, which is contained in I2 and so on. And that's because if we multiply a polynomial of degree N by X, we get a polynomial of degree N plus one with the same leading term. And now we apply the fact that R is finitely generated. So IK is finitely generated as an ideal of R. And now we use the fact that in a notarian ring like R, any chain of ideals must be eventually constant. So for some N, we have IN equals IN plus one equals IN plus two and so on. So they're all the same from some point onwards. And now we'll find a finite set of generators for I. And we construct this as follows. So our finite set is going to be the union of the following set. So S naught is a set of polynomials. Let's take a finite set of polynomials of degree zero. So these are just going to be polynomials A naught, whose leading terms generate I naught. Again, saying it's a finite set of polynomials degree naught is a bit silly because these elements are just constants. But the reason is we want to say S1 is a finite set of polynomials of A1X plus A naught of degree one, whose leading coefficients A1 generate I1.  So that's the leading coefficients AN generate IN and we stop at N. So we remember N is the point where IN is the same as IN plus one and IN plus two and so on. And S, a set of generators, is going to be the union of S naught S1 up to SN. And now what we're going to do is we're going to show that S generates the ideal I. And this is fairly easy to see. So what we do is we observe that if F equals AMX to the M plus something is in I, we can find some element of the ideal generated by S with the same leading coefficient. So if M is less than or equal to N, we just take AM is going to be in IM and sort of by definition of SM, there's some element of SM with the same leading coefficient. If M is greater than N, we can find some AMX to the N and so on in the ideal generated by SN and we just multiply it by X to the M minus N. So we can always find some element of the ideal with the same leading coefficient and now we just subtract F minus G, let's call this element G of the ideal. And now this is in the ideal generated by S and this now has smaller degree than F and is still in I. And now we just keep repeat until F is equal to zero and we've managed to write F as a linear combination of elements of S. So this proves Hilbert's theorem. In practice, you find the number of generators of an ideal can actually be really, really large.  Also, this process is not entirely constructive. The problem is at this step here where we say for some N, these ideals are eventually constant and if you're actually trying to calculate, it can be really hard to tell when you've reached the right N because, you know, you might find IN is IN plus one is IN plus two, but maybe there's something in IN plus three that's bigger and it looks as if you have to check an infinite number of cases. And there was some controversy about Hilbert's proof when he first came when he first gave it because of this non-constructive element in it. I mean, at that time, invariant theorists thought you were supposed to actually give an algorithm to find invariants and Hilbert's proof left this kind of slightly funny non-constructive point. However, this non-constructive bit is actually nothing to do with polynomial rings. It's a problem even if you're trying to show that ideals of Z are finitely generated. So I suppose I've got an ideal of the integers and for any integer, I will, if you ask me, I will tell you whether or not it is in the ideal and you need to find a finite set of generators for this ideal. So you ask me, you know, is one in the ideal and I say no is two in it and I say no is three in it and I say no. And if you ever get to some integer N, I say, yes, N is in the ideal, then you found out the finite set of generators for this ideal. It's just N. But if I never answer yes to your question, you can never be sure. I mean, you know, maybe the ideal is just zero. So maybe you get up to a million and say, and I say no, the numbers one to a million are not in your ideal. So then you say, well, the ideal is obviously generated by zero and I say no, a million and one is a generator of the ideal. So there's no real constructive way to find a basis even for ideals of Z. So the fact that this problem also turns up for polynomial rings isn't really all that surprising. So next we have a sort of variation of Hilbert's theorem. What I'm going to do is to show that the ring of power series over R is notarian if R is notarian. And what we're going to do is we can try and copy the proof of Hilbert's theorem. So what we'd have to do is to look at the leading coefficient of a power series. Well, this is a bit tricky because a power series doesn't actually have the largest term. It just goes on forever. So we can't do that. What we do instead is we sort of turn Hilbert's proof upside down. We look at the smallest term of power series instead of the largest term. So we set I naught to be the ideal of A naught for A naught plus A1 x plus A2 x squared and so on in I. And we let I1 be the ideal of elements I1 for A1 x plus A2 x squared and so on in I and so on. And as before we find I naught is contained in I1 is contained in I2 and so on. I k is an ideal of R. So just as before, we can find N with I N equals I N plus one equals and so on. And now we can almost finish as before, but there's one slight tricky problem. We seem to need an infinite sum to write F in terms of the elements S. So we find a finite set of elements S just as we did for the case of polynomials, but the trouble is in order to kill off all terms of a power series, we seem to need an infinite number of terms. So in other words, we need to add terms like, well, if we've got some S N in N, we might have to add a term R N times S N.  However, this doesn't really matter because R N plus R N plus one x plus R N plus two x squared and so on is in the ring of power series. So we can combine this infinite number of terms we have to add together into just one power series. So a ring of formal power series over R is notarian. And of course, we can iterate this. A ring of formal power series in several variables is also notarian if R is notarian. Well, the original proofs by people like Hilbert and Gordon didn't work like that.  So here's an alternative proof, which is essentially due to Gordon and there's a variation of Hilbert's original proof. What these proofs do is they sort of prove it directly for polynomial rings instead of working by induction. And what you do is you first use a result sometimes called Dixon's lemma, which is a bit unfair to Gordon because Gordon found it first, but nothing is ever named after its original discoverer. So this says if S is any set of monomials, it has only a finite number of minimal elements. So the elements are ordered by divisibility. And these are monomials of a ring of polynomials and a finite number of variables. What we're doing is we're not looking at all polynomials. We're just looking at the monomials and these are much easier to work with. So the set of monomials is just a semi-group under multiplication and it's ordered by divisibility. So this is only a partial order. So for instance, we say x to the 3, y to the 7 is less than x to the 4, y to the 7. And it's also less than x to the 3, y to the 8. You can't compare it with x to the 4, y to the 6. So neither of these are smaller than the other. And I'll just sort of sketch how you prove this for n equals 2 because I always get confused about the case when n is greater than 2. So the case for arbitrary n you can do is an exercise that the proof is sort of similar to the proof of Hilbert's theorem I gave earlier, but a bit simpler. So what we do is we write out these all these monomials. So here's x to the nought, y to the nought, x to the 1, y to the nought, y to the nought, x to the nought, y to the 1, x to the nought, y to the 2 and so on. And we've got some collection of monomials and we want to show there are only a finite number of minimal ones. So what you do is first of all, we find the first column containing an element of the set and we find the smallest element of the set in this column, say it's here. So we've sort of wiped out this region and this region. So there are going to be no more, so we don't need to consider there are going to be no other minimal polynomials in either of these regions. And now we look at the columns and we sort of work along and find the first column which contains a minimal element below this blue line and say it's over here. And now this means there are no more minimal elements in this blue region. And now we carry on and find the next column containing a new minimal elements and we might get to here say we might have a new minimal element here and this now wipes out this region here. And now you see what we did with this element, we had a sort of long thin rectangle and each time we find a new minimal element, this rectangle gets thinner. And since the rectangle only is finite width, it can only get thinner a finite number of times, so there are only a finite number of minimal elements in our set. So, so this is a very general finiteness result that in some sense doesn't really have much to do with polynomials it's just a finiteness result about this semi group, free abelian semi group on a finite number of generators. So this result about semi groups we can easily prove the result about ideals so so let's look at. So step two is now look at an ideal I in polynomials in n generators now we order the monomials lexicographically. So, so x to the a y to the b is considered to be greater than x to the C y to the D, if a is greater than C or a equals CB is greater than D. So this is now total order. So you shouldn't confuse it with the partial order we had by divisibility. And you notice it's a well order. There are no infinite strictly decreasing chains. And now we can define the leading term term of any polynomial as the monomial say r times x to the something y to the something such that this is is maximal in in in this lexicographic order. And now all we do is we look at the set of leading terms of polynomials in I. So this is a subset of the monomials. So we pick. We don't pick. It has a finite number of minimal elements and pick a polynomial for each minimal element. So we've got a finite number of polynomials and we just notice that these then generate the ideal I. And this isn't easy exercise because if F is an I, there is some elements of the set whose leading term. So pick some generator whose leading term is less than that of F, which we can do because we took all minimal elements and we can use it to kill the leading term of F. And then so we can keep on killing the leading term of F and making the leading term of F be smaller and smaller and smaller by subtracting multiples of our generators. And as we said, the order we put on was a well order so you can't have an infinite decreasing set of polynomials so eventually this process will stop and we will write F as in terms of the basis. You notice this is sort of more or less constructive up to finding the finite number of minimal elements of a set. It's actually an example of something called using something called a grobner basis. So choosing a grobner basis for an ideal involves putting a partial order on monomials like this. In fact, there are lots of different choices of sorry, not a partial order, a total order, and there are lots of different total orders you can put on them. I mean, here we've used lexicographic order, but you could order them by the total degree and then order inside each degree and so on. So there are many different orders we can choose that would still make this proof work. Again, grobner basis was sort of invented by Gordon, but he doesn't seem to get much credit for them, unfortunately. Okay, so the next lecture, we'll be talking about how to use this in order to prove Hilbert's finiteness theorem for rings of invariance.


I think history contradicts that. I mean, blatantly and overtly, I think history contradicts that. Let's look at the United States for a second. Let's begin our nonviolent history, say, you know, in the 1700s, prior to the first shots being fired at Concord and Lexington in the Revolutionary War, there was 10 years of nonviolent resistance, which included the Boston Tea Party, refusal to pay British taxes, tariffs, refusal to go to British courts and so that people tried to set up alternative means of dispute resolution, attempt by colonists to establish alternative economies so they weren't dependent on the British. There was 10 years of nonviolent organizing against the Stamp Act, the Townsend Act, the coercive acts that led the way, of course, were never taught at school for a great deal of independence from the British. If you want to look at recent American history, look at women's right to vote. The labor movement in this country, the civil rights movement, some of the accomplishments and growth that we've done as a nation have come from nonviolent movements that have fought against a status quo that was willing to use all the power that it had to try to oppose those people and the status quo still had to change. So when someone says, well, nonviolent action just reinforces a status quo, I think the burden of proof is on them to say that because the history to me is very clear. Certainly can and in a sense, I mean, you can get new leaders at the end of an armed insurrection. Oftentimes what you don't do is you don't change the concentration of power in society. So if the root of oppression is an imbalance of power where your power holders have this much and your general society is disorganized or doesn't know how to resist or isn't networked enough and has this much power, there's a discrepancy and this is what enables the oppression to happen. But if they succeed in changing the government, the resulting systems are so frequently authoritarian, so frequently don't respect the rights of the people. Sometimes the rights of the people that the armed insurgency claim to represent because a lot of times those people didn't get involved actively. They might have acquiesced to the armed insurgency. They might have even supported it, but they didn't get involved in mobilizing themselves in the way they do in civil resistance. Nonviolent action gets rid of a lot of that risk because in fact, through the course of conflict, people increase their power relative to the status quo holders and after a transition they're much more able to say, hey, we're going to have a say in how our new society is shaped and how our government serves us.