No, sir It ain't do for a half hour yet. You didn't tell me you's getting up early Well, it is a little earlier than usual, but I've got a lot of things to do birdie. Yes, sir I woke the children up to they'll be right down. So if you'll just hurry breakfast along a little yes I'd have had it ready now if you just let me know you can have breakfast anytime you want it all You got to let me know Yeah Well, this is a great idea getting an early start like this. I'll really make up for lost time Good morning children Why do we have to have breakfast at this unearthly hour now Mars? We it's only half an hour earlier than usual. Yeah, I need my sleep on come just a growing boy. Yes, indeed Leroy Won't hurt you children to get up early once in a while. It's good for you Oh sure Breakfast isn't even ready yet. It will be in a minute. Come on now. Let's sit down at the table. Okay Uncle Mort, what's gotten into you all of a sudden what nothing my dear? It's just that I realize I've been neglecting my duties as water commissioner these past few weeks Well, that's all over but now on I'm going to devote my full time to the water department I'm going to be a water commissioner this summer field can be proud of All right, thank you. It's Leroy watch it young man I'm serious about this I'm even going to work before I get to the office on my way down there. I'm going to collect a water bill You are yeah, it's three months overdue some singing teacher a madam bertha kimmel Probably very bohemian can't be bothered with water bills Well, I'll show her she'll either pay this bill or she'll have to dig a well in the backyard That's great, uncle. When do we eat eat? Oh, yes. What what birdie's doing out there birdie Yes, sir, mr. Gill please birdie. We're waiting for breakfast Yes, isn't it ready yet? No, sir. It ain't ready But it would have been if you told me beforehand all you got to do is let me know Yeah, as well I ain't got nowhere and on when you want breakfast unless you tell me all you got to do is let me know Okay, birdie. I ain't no mind reader. I know that I ain't no gypsy fortune teller Birdie. I ain't got no crystal ball. I understand all you got to do is let me know You can have breakfast anytime you want it. Thank you, birdie. If you want it I can get it ready in the middle of the night. All you got to do is let me know Yes, I should have let her know Place looks pretty run down Singing teacher, huh? Goodness listen to her Sounds like the moon whistle down at the sawmill I'm gonna answer the door. What is it, please? Oh, uh, Mrs. Kimmel. I mean Madam Kimmel. Yeah, I'm Throckmorton P. Gildersleeve Throckmorton P. Gildersleeve. What a funny name Yes, well, I wanted to talk to you about the water water Thank you. I don't need any. I have plenty No, no, I want to talk to you about your water bill. You owe us some money. Oh, I owe you money In fact, I've got your bill right here. You owe us come in come in I do not understand these things. You can explain it. No, I can explain it.  Oh, yeah, I can't sit on the bird cage Madam, I'm a very busy man and I'm in a hurry to get to my office unless you want us to Well, if you want the service, I must ask you to pay this bill in full Nine dollars and fifty cents. Mr. Gildersleeve, I'll tell you a little secret. What's that? I do not have any money You don't have any money Oh, but do not worry. I have plenty soon Then I get my call from the metropolitan opera company opera company. Yeah I'm a singing teacher only temporarily. I am really a star of the opera. You are But yeah, I sing them all in my day the cigarette girl in carbon. Yeah Madam Kimmel oh me me in la bohème About this water bill and then I sang brunhilde in zinc frayda They heard to me they heard to me all over europe. I'll bet they did I got the contract Then with the money, I pay your water bill like nothing. Okay. No, it isn't okay And that is if you can't pay your water bill will simply have to disconnect your service It's a rule of the department. Oh, well, I'm sorry madam kimmel, but business is business. Oh, mr. Gilda sleeve You american men all you talk is business business.  Oh, I might have known it to mr. Gilda sleeve sing for madame kimmel Come on. There's no just one chorus When I'm calling you Answer to Mr. Gilda sleeve. Yeah, why you have a wonderful voice why you could sing opera me Of course why you even have a stomach like an opera singer Well, I could never really sing opera not now, but if you work and study I have an idea. I could give you singing lessons. What I make you another caruso. Well, thank you But I don't see I can see you now at the metro palatine You are the toreador in carmen in the red cape. You sing You are a sensation when you finish the audience applause Well, I guess it wouldn't hurt to take just a few lessons if market Truman can do it I can Now why don't we start right now? Well, I ought to get down to the water department. But what the heck? Oh, right to be commenced Oh, I almost forgot I shot $10 a lesson in advance $10. Yeah for an opera lesson. That is nothing Yeah, nothing. Oh, yeah. Well, in that case Here you are. Thank you Now I give it back to you. What for the water bill 9 50. Was it not? Yes, but there you are you may keep the change Now he commenced the lesson. Sing out to me, please from the diaphragm Oh, yes, my legato. Oh, I told me this morning. I should practice for an hour after dinner But I get right on it. I'm going to be an opera star someday Boy, I feel fine. You got indigestion. Mr. Kills leave. I'll get the bacon soda for heaven's sake. There's nothing wrong with me I'm just practicing my singing lesson. Huh singing lesson. Yes, it's just possible that I may go in the grand opera opera Uncle more are you kidding? No, I'm not someday. You'll all be shouting. Bravo. Gillis leave Mr. Gillis leave. What can I do for you? You guys? Yeah, no, thank you, baby. I've given up cigars No, economizing again. No, it isn't that I just don't want to take any chances of spoiling my legato How's that? Yeah Skip it, baby. Want you to listen to this? All right, sounds like the scale. Yep I know it's the scale, but doesn't it sound different? No, it sounds like the same old scale to me I'm not talking about that. Didn't you notice something different about my voice? P.V. I'm singing from the diaphragm now Oh Well, every man do his own choice, I think Yes, but I'm taking singing lessons. Well, that's a good idea. I've noticed you've been sounding a little flat lately Is that so? Well, for your information Richard Q.P.V. one of these days. I may be singing in grand opera opera What are you going to sing the trolley song from kermin? Oh You get it trolley song from kermin. Yeah That was a little witticism trolley kerm. I know p.v. I thought it was rather you Oh Well, well, good morning. Good morning jack. Hello hooker gilday. Well, if it isn't our esteemed water commissioner Well, I'm glad I found you two jolly boys together. I have some wonderful news Our quartet has been asked to sing at a big social affair at the moose hall next friday night Wow, you ought to be a big hit there gilday. You look like a moose Very funny, they've asked me to take charge. So I'm calling a rehearsal at our clubhouse tonight We'll go over some of our quartet numbers. So I'll see you both there at eight o'clock sharp I'm afraid you won't see me there, Horace What? Yeah, let's as though the jolly boys quartet will have to struggle along without me from now on Yeah, what are you talking about? Well, that kind of singing is all right for you fellas But I've got to save my voice for finer things. What mr. Gildersleeve is studying for an operatic career Opera? That's the silliest idea I've ever heard. Oh, I don't know. Some people think I sound just like Caruso Caruso? Yes, you're looking at a future star of grand opera You sing grand opera? Why, you can't even remember the words of my gal sal I'll look here you old goat Just because I won't sing in your small-time quartet. Mr. Gildersleeve, that's an insult to the jolly boys Yes, you fellas are just jealous. You'll be sorry someday when I leave summerfield and go to new york You'll miss me. No, no, no, I wouldn't say that Goodbye Bertie, you keep talking about testing parquet margarine. Uh-huh. Well, you eat parquet all the time anyway What's the reason for testing it? Well, I guess I just like to like when I test it out on them sweet potatoes before I serve them I sure do enjoy that test Same way when I tried parquet out on hot waffles. That's a wonderful test I'm telling you you mean you enjoy testing parquet's taste Yes, I keep on testing parquet cause that margarine tastes so good Tastes like it should cost twice as much. No doubt about it, Bertie. Parquet has a wonderfully light delicate flavor A luxury flavor and friends. Here's the reason for it Parquet margarine is prepared like a rare luxury food from the selected products of american farms Yet for all its delightful flavor parquet costs only about half as much as the most expensive spreads So friends, we'd like to ask you to try parquet on your own waffles or rolls or bread See if you don't agree with Bertie about the wonderful flavor of parquet margarine See if you don't agree that parquet tastes like it should cost twice as much. That's p a r k a y parquet margarine made by craft Our budding opera star the great gilder sleeve is a little upset tonight He's still determined to win fame, but he doesn't want to lose the friendship of the jolly boys Right now. He's climbing the stairs to their clubhouse over floyd's barbershop Better go up and apologize to pv and the judge I guess Hope they're not still mad at me After all the jolly boys are the best friends i've got Even if I can't sing with them anymore Listen to them. Oh my goodness The judge is off key again They do need me. All right Well, it's too bad. I've got to save my voice for my career I just have to understand How are you chief? Well, how's the big opera star tonight?  Aren't you in the wrong place gildy this isn't the metropolis not the house No, we're just a small-time quartet. Now fellas, you've got to let me explain I'm still a jolly boy just because I can't sing with you Oh, we couldn't expect you to sing with us. You got to save your voice for that high class stuff like the quartet from rigor mortis Fellas you've got to understand. Well, if you will excuse us gildy. We're rehearsing our program for Friday night All right. I'll just hang around and when you get through fellas, maybe we can have a little card game. Huh? What do you say? Wow Oh, no commission. What? Gildy, I'm afraid I have a painful duty to perform Since you seem to feel that you are too good to sing in our jolly boys quartet Perhaps you're too good to associate with our humble members But judge, I don't feel that way. Well, we do so on behalf of the jolly boys. I accept your resignation Resignation but judge your choice gildy. You've chosen fame instead of friendship So there's nothing more to say except goodbye judge fellas. Goodbye, mr. Gildersley Come on commission and best wishes from peeve's pharmacy So you just go your way gildy and we'll go ours. Well, okay, if that's the way you feel It's all right with me. I don't care. I got a lot of other friends. I don't have to be a jolly boy I'll join the moose I guess I'll Marjorie your old uncle is no longer a jolly boy What they don't want to have anything to do with me Just because I can't sing in the quartet anymore Can't sing in the quartet. Why not? Well, I have to save my voice refiner things. Oh, unki. You're not taking this opera thing seriously There's nothing funny about it marjorie. Madam kimmel thinks my voice has a lot of promise Someday I might sing at the metro ballad. Oh, sure Uncle mort why don't you forget all about this opera business and make up with the jolly boys? You know you want to well if they want to be like that. It's all right with me They'll be sorry someday You poor darling. Good night uncle mort. Good night my dear Nobody understands Well, I guess we great artists have to go through these things I wonder if nelson-edi had this my struggle I'll let everybody laugh at me now I'll show them If I work hard study Someday I will be singing at the metropolitan Betcha I can just see it It's opening night I'm making my debut Capacity crowd is here tonight to hear the debut of the sensational new american baritone with france rockport and p gildersley Among the special guests here tonight are the jolly boys from summer field Darn it just when I was taking my sixth curtain call Wonder who this is Good evening, mr. Gildersley. Uh, madam kimmel come in. Thank you. I just sang at the metropolitan In italyan too Nothing Sit down. Thank you This certainly is a pleasant surprise. You're coming to see me. Mr. Gildersley. I've come to say goodbye. Goodbye. Yeah I just received the buyer. I got my job in new york. Well, that's very nice But what about my singing lessons? You were going to make me an opera star. Mr. Gildersley Madam kimmel must tell you the truth for one million years you could study and still you couldn't sing opera. What? But you said my voice had promise. I know Madam kimmel is a naughty girl So mr. Gildersley it was either tell you that or you turn off my water Your voice isn't dead It's good enough for singing in what you call barbershop quartets But for the opera no I'm sorry mr. Gildersley, but don't feel bad for 20 years.  Gildersley, maybe we are happier this way me a cook you a water commissioner Goodbye my friend. Yeah, goodbye Goodbye I wonder if the jolly boys will take me back Any other chance I was all wrong fellas. Madam kimmel told me I couldn't be an opera singer in a million years. I could have told you that Yeah, you were right. This is where I belong fellas in the jolly boys quartet. Please take me back What do you think gentlemen? Well, I guess the commission has learned his lesson sure Welcome back commissioners. Gee. Thanks jolly boys. It's all right gildy And believe me, I'll never do another silly thing like this as long as I live Come on fellas Or it's always fair weather when good fellas get together Sure is First in a spread for bread and par k margarine has such a light delicate luxury flavor That you might not even suspect how nourishing it is It might not even occur to you that every pound of par k is reinforced with 15 000 units of essential vitamin a Next time you're at the store get par k for its luxury flavor. It's unusually large nutritional value Yes, and for its economy too After all this same delicious margarine costs only about half as much as the most expensive spreads That's par k a y par k the margarine made by craft Par k the margarine that tastes like it should cost twice as much Leroy, there's something very special about this week. You know what it is? Sure, washington's birthday and I got out of school yesterday Well, that's one thing But this is also american brotherhood week. What's that onk? Well, it's just a way of reminding us that all americans Young and old must join in the fight against religious and racial prejudice You can do your part at school leroy by judging your classmates as individuals Not by their religion or nationality Remember it has taken many different kinds of people leroy to make america great Brotherhood is more than just a word. It means all of us working together in the american tradition of tolerance Freedom and understanding That's all remember that folks. Good night The great gilded slave played by harold perry The show was written by gene skull and jack robinson with music by jack mecan Included in the cast a walter tately mary lee rob lillian randolph url ross richard the grand hope emerson ken christy and arthur q bryan This is john wall saying good night for the craft foods company makers of the famous line of craft quality food products And be sure to listen in next wednesday and every wednesday for the further adventures of the great gilder sleigh Here's a real bargain an all aluminum silent butler A dollar and a half retail value and it's yours for only 50 cents and a fab step label This silent butler is handsome enough for a gift And it's big has a deep generous size bowl a long handle a hinged top that opens at your touch It's just the thing for collecting cigarette ashes or crumbing your table Now today just get either regular fab step or the new fab step two pound economy low Your dealer will give you full details about getting this beautiful aluminum silent butler valued at one dollar and a half For only 50 cents


Everything we talk about is time-sensitive. Now that we talked about that, let's jump into a little Q&A and go from there. But if you gotta take off, take off, I appreciate you guys. All right, here we go. Army Piper, what's up, buddy? Fellow El Pasoan, listen, drive, drive to Houston. Very nice. I love both those places. Oleg says, nice advice. Thanks, I try to give not financial advice, some kind of life advice.   Please, everyone thumbs up. Ha ha ha ha, Jake today says, Dan's website is still up and running, it's free. That's true, it is still free. It's free, it'll always be free. Josh has got a good question. Why does Ada always lag behind? It's because if you believe in Ada, I like Cardano, I like Ada, I love the community. It's because they're very slow to doing what they wanna do because they wanna do things right and not have things crashed like Luna. And they take an academic approach and some people give them a lot of guff and at some point it actually could be a little bit valid but I will say it has never gone down. Solana goes down, I own Solana. I own a boatload of Solana as a matter of fact. I still like it. Ada never goes down but it's slow and I own a boatload of Ada, look at that. So at some point, these things just happen. Will it actually rebound? I believe so, but I could be wrong. So if you believe in the project and like the community and all that good stuff, just stick around. If you don't like the price, it's like rain in Puerto Rico, it'll change.  The watch used in early 2020, just done my four years, I learned so much for the next four. Yeah, I had Sam on from my financial friend and he had a pretty good point. He said, you know, when you go through these cycles, it's like the first one you're just there to lose, you're just there to screw up so you can learn something and then the next one you're good to go. The great thing is that a lot of the people, when they get in that first cycle, they get like, we just saw, they get burned and they leave and they never come back. It's not for everybody, but the strong ones, I believe are the ones like, you know what?  Yeah, anyhow, it's a good question. How's the mosquito situation in PR? It's not bad actually. Like, I think it's worse in Georgia, quite honestly and that's it.  You're telling me it's just your camera shakes. That's like, you know, people pay big money for that. But you're right, I really should do that and I've been meaning to do that for the last year or two and just haven't gotten drawn to it. Slacks says, Rob, did you wait for a pullback on some malts currently or too late? It's never too late. As far as waiting, I'm not a person that likes to wait around because let me ask you guys a question. How many people do you know or that you've seen on X that are saying, you know what, are you heard this?   That's going to be a 12K. It's gonna be a 10K and then people don't buy. Now me personally, I seriously thought when we hit 15K back in November, 2022, I believe it was. Yeah, I said it could probably go to 12K. And I said, if it does, that'd be fantastic because if it's at 15K, I'm still gonna dollar-cost average. If it goes to 14K, I'd dollar-cost average, maybe a little more. If it goes to 12K, I'd dollar-cost average, even more. So I think it can go to 12K, but I'm praying for that so I can keep buying. There was some people that said, no, no, you gotta wait until this 12K and then go all in. Those things, I mean, it works sometimes, I guess. Yeah, Ralph says, good advice. Four years as a compulsory, then you learn and I'm a boomer too, we're all boomers. I should still have from George. Welcome to Digital Asset News, I'm a boomer, we're all boomers, that'd be funny. Sweet Mary Joseph, that's the clip that's gonna be cut and put on Twitter. Oh well, I did not, it's interesting. Rob, did you see the list of staking tokens grayscale is scooping up? Great, grayscale is scooping things up. No, I did not. But hey, if they wanna buy stuff, I'm happy for them. I'll go from there. Crypto Carpenter says BlackRock getting in is going to destroy retailers. There's some points to that because if you think about it, I mean, would it be crazy to think that at some point BlackRock could own and control a million Bitcoin? Is it crazy to think about 1.5 million, maybe two? I mean, I know they're only at like 168,000 right now but just think about that. Especially as people start selling and selling. I know we're not gonna sell all of it but maybe some of us take some profits. No, we're gonna scoop them all up. I don't know if that's what Satoshi wanted but that's what's happened. There's a way things that should be and there's the way that things are gonna be.  Jay says, do you still have to pay federal taxes in PR? I still have to pay corporate taxes, yes. I still have to pay real estate taxes, yes. But as far as capital gains taxes, no. However, all the crypto that I brought with me in 2021 which was substantial, I have to still pay capital gains on those. So it's whatever that I make here. But then if you think about it, and this is a question that came up because I was talking about taking profits and people were like, well, that's very easy for you you don't have to do capital gains. I'm like, look, you're gonna pay as long as you do over a year in your United States, that's the long-term capital gains.  Visually, percentages are percentages. So that's it. And it's not like you have to pay capital gains at the moment they happen. Usually it's April 15th. I personally go for an extension, but whatever. So to answer your question, I still have to pay taxes on the old stuff, just not on the new stuff, which I'm pretty happy about. But I do love this place. Puerto Rico is the best. The people are great. The food, pot holes, let the island and everything else. Pretty good. Hans has got a good point. Rob, why is the having still important? ETFs are already buying way more than miners can sell. It's a good point, but think about it this way. So right now, BlackRock's picking up or all the ETFs are picking up roughly 10,000 Bitcoin, right?  Can you imagine the narrative? It's always a narrative. Again, crypto is based on what? It's based on hype and speculation and greed.  Today's April 20th or 21st, 2024. We went from 900 issuance per day to 450 issuance per day and the price just skyrocketed. I think that's why it's still important. It's the narrative. It was never about the super fantastic technicals. It was about the narrative and pushing the narrative. People can disagree with me. That's just what I think. And that's it. Hey meme, hold on meme. B. Pittman says, when can we expect to see ICP at triple digits again? You also have to take a look at the fully diluted market cap. I don't know how or what the vesting schedule, what the cliff was and how many different tokens were released for ICP. But remember in 2021, I think it was $700. $800 per token. Now I think it's like around 15 bucks. So I'm not for sure, but I actually own ICP because I am maybe a generic gambler sometime. Piculus, do you have an I trust IRA? I do for the past three years. Are there any unprocessing risks you can think of with that? There are, there always is. So the question that you have is, why does Rob have an I trust IRA? A Roth IRA?  My entire life. I will probably travel at some point. And if I want to have tax-free gains at that point, it's a great hedge. So with a Roth IRA, think of it this way. With I trust, first of all, there's no fees that you have to pay every month. It's just, there's just a transaction fee that you have to pay. So that's pretty great. And then also, I don't just have to, it's not just about buying Bitcoin. Let me show you something. I probably should want to see this. So what I'm talking about, how it works, ah, here we go. When I'm buying into my IRA account, I can buy Bitcoin, I can buy Ethereum, I can buy Solana, XRP, Cardano, Doge, Shiba, Avalanche, Polkadot, Chainlink, and all the rest of these ones. And also I can buy Golden Silver, which is pretty great. And I have Golden Silver in my account right now. So I have an IRA because at some point, when I hit 59 and a half years old, which isn't too far away, when I cash out, if I do cash out, guess what, tax-free. That's if I'm living in here or Portugal, or I'm living in Idaho, I don't know. It'll be tax-free. And what's great about this is that, and this is another little thing, a little tip for everybody. If you wanna get a Roth IRA now, you can only vest or you can only actually buy into it per year, between $7,000, $8,000 per year, depending on your age. So if you're at that age, well, it's either $7,000, $8,000, until April 15th, tax day. If you want to actually put it in from 2023, you can do that before April 15th. After that, everything's in 2024. So to answer your question, that was part of it. And the second part is that there are any unforeseen risks. Here's the thing, what do we always talk about? Not your keys, not your crypto, right? You do not have your keys with this, do not. And it is something that is on their platform and they use Fireblocks for asset custody. And they will be moving pretty soon to I hear it to somebody. I cannot tell you who that is, but they're really big in the custody, we'll say.  Now even Swan Bitcoin and Corey is huge on talking about self-custody. He said the same thing. He's like, look, we're gonna do a Roth IRA here at Swan, but guess what, we can't do your keys, not your keys, not your crypto. We're gonna have to actually custody it because that's how the laws work, unfortunately. So for this one, there is a risk with that. Also, there is, when people talk about, well, what about cool mingling of funds like FTX and everybody else did? Well, in their charter, and they're actually regulated, they cannot do that. So even if the company itself goes down, where your crypto actually is, gets transferred to another provider. So that's how it is. But what I will say about this is that I can only lose, actually I can't lose because it goes down anyway. So that's not a big thing. So that's what it is. I've been with there for three years and I will say, lastly, I will say this, pay attention to the ones who make it through this brutal bear market because they're the ones that are gonna thrive. And right now we're in a bull market and these guys went through collapse of FTX, Celsius, Voyager and BlockFi and they're still here. I'm good with them. All right. Oh, thanks Becky. I hope your back is doing fantastic. Matter of fact, right after this, I might actually go to the beach and go play. We're gonna see. I'm gonna give it a run. What happens? Brian's got a good question. Have you been reading the miners the difficulty that they're having right now? Wonder if the having will shake out the miner market. I'm not a miner, but there are some miner, Bitcoin miners in the audience. If you guys could chime in, that'd be fantastic. This is how I understand it. So it's some, well, April 20th, the having event actually happens. So you have the same electrical usage, you have the same rigs, you have the same overhead, you have the same costs, all those things, but you get half of what you actually put into it, which is a big problem. So at that point, some miners will have to shut down because they won't be profitable and that's pretty much how it is. And then at that point, there's a difficulty adjustment. It takes, I want to say 10 days, Grant correct me in the comment section. Once the difficulty goes down, that means a little bit easier for miners to actually work. However, there's a caveat with that and people have told me this is that probably on our stand, as a miner, I can plug into any of these big locations, these big mining facilities as an individual miner and just mine with them. It doesn't have to be located right on site. So again, correct me in the comment section and go from there. Metagirl says, Rob, capital gains are 23.5%. I don't believe that's true. I think it's 20 to 21% and I think it's on by state, but let's take a look. Unless they changed them lately, capital gains, United States. Let's see, this is from the IRS. What? The tax rate on most net capital gains is no higher than 15% for most of it. Is that right? Okay. Capital gains at 20% applies to the extent that your taxable income exceeds the threshold set for the capital gains rate, but this isn't long-term, short-term or long-term. There are a few exceptions to capital gains and we tax at rates greater than 20%.  Selling collectibles such as coins, that's gold coins, are taxed at a max 28%, unrecaptured section, 1250. Interesting. But you have to remember, there's also state by state capital gains. Oh, my favorite. This is nobody's favorite. Not the tax plan. Let's see how old this one is, 2016. Let's do 2023. Yeah, there we go. Not what I wanted, but that's fine. Capital gains, sales taxes, ah, whatever. This is not, hold on, now I'm really, now I can't stop looking at this stuff. Individual income tax rates, no. Let me do this again. Capital gains, there we go. Combine state and federal top marginal tax rates on capital gains, there. Maybe that's what we're talking about. Geez, Louise, this is awful. DC is 30.4%, I guess that's a combination. Yeesh, Vermont, 30, New Hampshire, 25. Arkansas, Alaska, Texas, 25%. It's from the tax foundation. Interesting. As I know, is that that's what I hire my CPA for to tell me how much I owe, which is never good. All right. Robin says, if you hold your crypto for more than one year, you are subject to long-term capital gains tax. Spending your taxable income, fine, you'll generally pay, there you go. Unless you're in Germany, apparently in Germany, you guys have none after a year. One good reason to move to Germany. I can hold crypto for a year standing on my head, no problems. Nas has got it, not unlimited. Max is something like 55K rolled over. Yeah, there are rollover IRAs. If you can do those types of things, but there's a maximum amount, talk to the guys over at iTrust and go from there. Seattle Paddler says, when do all miners stop mining? Cause it's not profitable. That's what happened to Bitcoin. So the head of Mara, the head of Mara mining, Teal, last name Teal. He was on, he talked about how in actuality, a lot of the blocks that they were mining, it wasn't the reward for Bitcoin that was actually driving the revenue. It was just the actual cost for the transactions. Remember when we had those issues with ordinals, which will come back, especially as we move into this bull run. Remember how massive it became ordinals? You could actually do all these, you could write on these things and you could essentially, you could have like a, a GIF on Bitcoin, I guess it's an NFT and Bitcoin essentially. That's what I see it. And he said, look, for those, we were doing massive amount of revenue. So I don't think miners are gonna go anywhere.  That's what I think. I don't think the miner is just gonna go away. But remember, it's not the miners that really secure the network. It's the node operators. And there's over 16,000 of those worldwide. Tax loss harvesting is a thing. You know, there's a lot of tax questions. Good news. I've got David Kemmerer coming on from Coin Ledger on Thursday. We'll answer all these questions. Tax loss harvesting is a thing and wash trading is illegal for stocks. But in crypto, tax loss harvesting, you can do. You can sell your crypto and buy it right back. And you can retain those losses and use those for your tax itself. Christine says, I'm hoping my tax advisor Repair knows about taxes and crypto. He's old school. Chances are no, but I could be wrong. I will tell you, you're looking, someone that can help you out. And this could be for Christine or it could be for everybody. If you go to Coin Ledger, links in the description and you scroll all the way down on the bottom right-hand corner, there's a link here that says find a crypto tax expert. When you click on that, these are people that have been vetted by Coin Ledger where they specialize in crypto's and digital assets, especially for tax returns. So there's a host of different people you can talk to. They're not expensive. They're reasonably priced. Not all, I mean, not all of them. Some are pretty crazy. But just flip through those and find somebody. Trust me. We've only got so much time left on this planet.  Not legal advice. Thank you, meme. No, that's interesting. Gil says, I've asked this question many times, even though it's a hundred years away. At some point, I believe we will have little miners on our phone, which is the ultimate security for Bitcoin. I gotta agree. Edward Fox, Coin Ledger and Coinly preparing the tax reform so easy. Yep, very simple. I did not like taxes. I don't think anybody likes taxes. Is his name really Peter Thiel? Or is Peter Thiel the investor? Or do they have the same name? Crazy. Meme asks, Robby may have covered this but are you still DCing the same as before? Pretty much right now, there are some cryptos I DC every day. Bitcoin, I still dollar cost average every day. And there's some altcoins I do every day, some altids I do every three days and some I do every week. It just depends. I don't think we're near the top. And people ask me, you know, should I dollar cost average? And I said, yeah, there's really some questions you need to ask yourself because I can't give you advice, not a financial advice, I'm not your dad. So the first thing you have to say is, do I need this money right now? Like if this money goes away, is this going to destroy me? So if that's a no, okay. The next question is, do I have any bills I have to pay? Like I have to pay like right now that are super important that I pay, you know, like my mortgage, pay for my family's food, that type of thing. If that's a no, then the next question. The next question is, do I think that Bitcoin will stop appreciating? And if that answer is no, then the last question is, do I think that inflation will stop? If that's a no, you probably want to keep DCing. Anyhow, it's up to you. That's just the things that I always think about. Do I have to pay somebody? Can I get away with that? Is Bitcoin done and is inflation going to stop? They told me it would. They told me it was because those, just those greedy corporations. That's what Elizabeth Warren told me. And she would never lie. Yeah, big pay I am ready for the bull run. I had a, I had physiotherapy today from my back and I said, hey, how's things going? I mean, this is a great time, right? You must be super busy because of this crypto thing that's happening. I said, yeah, it's doing pretty good. He goes, are you super busy? I'm like, no, no, because I did all the hard work months and years ago. I mean, all the time when everybody was laughing at me, at us and we were buying up crypto and digital assets, I was, that was the hard part. And of course you have to scrimp and save and do as much as you possibly can to really buy those dips and really get to the bear market. I go, that's the hard part. This is the breeze.  Can't get any easier than that. He's like, oh, I didn't know it was like that. That's why you're not an investor. Anyhow, I did not. Crypto minute, you see the Egyptian pound get destroyed today. Another fiat currency going down. Not surprising. Jonathan Toros says, tax is a scam and he's not wrong. It's all the government debt and they pass it down to us while they make millions in their paycheck where the people work checks, gets tax, taxis and shows up, tax again over for working. Not only is that, there's a thing called the cantillon effect or cantillon. I always get this wrong. Essentially the people that are close to the money printer are the ones that make out like bandits. So if you have, not the Federal Reserve or the US Treasury, of course they print as much as they possibly can. The people that get it, the corporations, the big people they get those first and what do they do? They buy assets and that filters on down to us.  So, and of course, what do they do? Hey, I made a lot of money. We need that back. All right. I suppose so. I'd like to see where I can file my dependence. You know, Ukraine and everybody else. It's, all right. All right. Kevin, excellent lecture. Thank you. Delmy says, it's a good question. When you disappear and come back from the bear, there's a video in the comments section or in the description and it talks about when I'm gonna sell 80% of my crypto. I am planning to do another watch along of that video. And what it is, it's me just saying like, here's the indicators I'm looking for. Here is the different things that I need to see before I start to really consider selling. And we're gonna go over those. And we're gonna talk about what kind of investor you are and how it all kind of breaks down, especially, and I just take a look at basic stuff, right? Picycle Top, MVRVZ Score, Coil Multiple. Also take a look at time and risk bands. And it's the overall market sentiment. We go from there and we say, okay, this is a good time to probably take some profits and get out. At that point, I step down, don't come back from the bear. Gerald, Gerald Hogg with that, the great. Why do you all influencers? First of all, I am not an influencer.  I try to be an educator as best as I possibly can. Why do you guys report Bitcoin versus USD and make more sense for Bitcoin versus gold? It's a good point, actually. It's actually a great point. You know what you really should do. See if CoinGecko's up. Hey, it's up. This is what we all should be looking at. If you go to CoinGecko on the upper right-hand corner, there's a little cog there, put it in the Indonesian Rupa, just kidding. Put it into Bitcoin. And now we can really see what's going on.  If you put in a Bitcoin, that's fine, but you'd be up 5% for Ethereum, 4% for BNB. And you can just see this, I don't need to tell you. Holy smokes, you'd be up 181% on Shiba, you know? Wow, pretty green. That's what you want to do, but I'd never done this before. Hey, you can do that. You can put it in gold, look at that. Wow, look at that, it's even worse. Great suggestion, my man. Gerald, I will be stealing this from you. You're a gem and a scholar, I appreciate you. That's cool. So for gold, 9%, you'd be up. If you put it in gold, even though I think gold just hit it as all-time high, not too long ago, 14% for Ethereum. Would you be down on anything? On the dollar, yeah, okay. Tron, all right, die, dies, die. Immutable X, that's weird. Stacks, Casper, wow, you'd be up 140% on Pepe, another meme coin. That's just sad. Sweet Mary and Joseph, I can't believe it's that bad. Singularity, what's that? Another AI pick, 44%. Ordinals, excellent.  Excellent, excellent one, Gerald, thank you, man. That was good, that was real good. Now, Ben's chair is here, hey Ben's chair. See you tomorrow for NFA Live, I think we're on Ben's channel. I don't know if you're gonna be there. Truckin says, remind me to buy meme coins next bear market. Adam, Pepe, Doge, what do you think of GST, Rob? I don't know, is that GST for avagacchi? Like G-H-T-S-T, or is that something else? I don't know what that is. Whatever it is, it's probably gonna be great. That's usually my response for everything that people ask me about for like the altcoins, it's probably gonna be great. Bob's, I was gonna have the shocked look thumbnail. I've never done one of those. It may increase my views though, that's what they tell me. For Ducks Thrive, hello, did you take profits? I did not, and we talked about this yesterday. My wife took profits two nights ago, and she out-traded me, she was a master trader. She hit the top, well, it's roughly the same price right now, and that's it. Chef, we'll leave it at this. Love this stream, it is solid, it is solid. Didn't move yet, probably will at some point. Take adoption, hey, deserve, hope you're doing well. Doing great, feeling pretty good. Time to get out of here. All right, everybody, you've been here for almost an hour. I've taken way too much of your time, I apologize. But thanks so much for stopping by. Look, if you liked today's video, give it a thumbs up, consider subscribing. Everything we talk about is time-sensitive, and we're really gonna start to accelerate as we get into the having and beyond. So, if you'd like to follow along, great. We'll also do that video this week where I talk about when I'm gonna sell and the different indicators we'll do a watch along, which is essentially, it's a prerecorded video, but I'm on the side, and every so often I stop the video and I take all the questions so people aren't confused, and I can explain it better, but that's it for today. So, thanks so much, everybody. I appreciate you, and I'll see you on the next one. Adios.


This is Blair Bazderich for This Week in Science coming to you from the Cabrillo Marine Aquarium. Let's go inside. What's happening? What's happening? I'm here with Carl Caronza who works at the Cabrillo Marine Aquarium with our Sea Rangers here in San Pedro. So tell me about the Sea Rangers. Sea Ranger program is a volunteer program here at Cabrillo Aquarium for people from fifth grade to adult. And what we do is we train these volunteers to be coastal park naturalists and help us with many of our activities throughout the coastal park. That's so great and what's your favorite part about working with those kids? Oh, just giving them the experience of learning about the different parts of our coastal park like the tide pools or the salt marsh and then having them feel confident enough to be able to talk to complete strangers and tell them with confidence about some of the things they've learned. And of course, as they do that, they get more confident and they learn more and so it's just really, really nice. And the Southern California coast is so special and there are so many people that live here and they have no idea what's just off the coast there. What makes this space so special? Basically we have a lot of different habitats here and life here because of the two water masses coming together, the cold water from the north, warm water from the south and what that winds up doing is creating a lot of food, it brings a lot of different animals and then consequently the harbor, which would have been a wetlands back a couple hundred years ago was also a great nursery for fish. So all these things coming together still bring a lot of life here, birds and the fish and mammals and everything here. And it's just a phenomenal place to see life and to learn more about the ocean environment. And so if you wanted to find out more about this program, they're lovingly called the Sea Rangers but it's actually called what's the program's name? The program is the Sea Ranger program. The individuals are coastal park naturalists because what they're doing is being naturalists for the public out in our coastal park areas. That's great and so they're learning all about it but they're teaching others through that. They're also learning how to teach, I'm sure, which is great. The more naturalists we can get out there, the better. Definitely and I always tell them the best way to learn about something is to teach other people because that's going to make you learn more and then you're going to want to share that. So if you're ever in San Pedro walking along the beach, you might run into some teenagers or even some younger kids who can tell you all about the wildlife there, ask them all the questions you can. Thanks so much. Thank you. You can follow this week in Science on Twitter, at Twist Science. You can watch past episodes or join forums at www.twist.org. You can also join us every Wednesday at 8 p.m. for our live shows at twist.org slash live. See you next time.


Okay, welcome back to our final segment, wrap up of day two. This is theCUBE, two days of wall-to-wall coverage. We go out to the events, extract the signal from noise. This is Wikibon and SiliconANGLE's exclusive coverage of IBM information on demand. Day two is our final wrap up. I'm John Furrier, the founder of SiliconANGLE. I'm joined by co-host Dave Vellante. And as usual, Jeff Kelly's coming in after scouring all the stories, talking to customers. Jeff Kelly, big data, leading big data analysts in the marketplace. Jeff, Dave, welcome to our final wrap up. Thank you, John. What a tight schedule. No breaks today. Again, theCUBE, just power through amazing interviews. Great job by the team. Great job by the team. Great, Dave, one comment I want to make about IBM IOD is that obviously IBM is a very professional blue chip company, but the guests are really smart. I mean, we're looking at the degrees, the pedigree, the experience. We have great educational backgrounds. We've got entrepreneurs who built companies up from the scratch. We've got M&A discussions. The Nile Factory, that was a great interview. Just amazing from Ireland. Just great conversations. Again, we learned a lot here. Let's get right into it, Dave. What did you learn today? Give a quick summary of day two. Well, today was a lot about the business of social analytics, overlaying social on top of applications. I mean, I've said for a while, I think this is what the direction is gonna be. It's gonna necessitate a change in user interface, user experience. It can be embedded essentially into every single app. And I think this is just the beginning. I think the other thing is, I think really IBM's done a good job of solidifying its position with IOD as the leading big data conference. This is the largest big data conference now on the planet. It's bigger than Hadoop World. It's bigger than GigAOM structure and any other event that's solely dedicated to big data analytics. So I think IBM did a good job overall, John. What do you think? Well, that last comment you made is interesting. Anybody talk about GigAOM structure and other events? I think what you're seeing is a direct business model. One of the things that James Kobiel has talked about is that the democratization continues with technology. The web was a direct business model with e-commerce and websites and now social with people. But the IBM's event here is a great example of what I feel will be the destruction of the conference business. I mean, how good can an independent media company try to lure customers in when you have this kind of power going direct? We had analysts working for IBM. But I think the main theme here at this show obviously is two things. The cloud with Amazon, Amazon going direct. You've got end user behavior with mobile going on. You have major, major focus on direct business model changes.  The end user is all about social. The social is the environment. I don't mean social media using Twitter.  The humanization of the internet where computer science meets social science. That humanization we heard from Marshall today. Big factor. So you put those two together. Those are the two mega trends I think IOD successfully vectored into. And that is big data analytics. Obviously the most trending topic right now in the tech business. The killer app. The killer app is analytics. We know that. End user is all about now. I want information on my mobile device. Now you're gonna have wearable computers. We've all been in reality. And it's the social. Okay, those are the two big things. And then under that, as under the hood is the engine of innovation. The innovation strategies around cognitive computing in memory, real time. The data monetization, SaaS, multi-function form for effort cloud. That's the geeky stuff under the hood.  So again, you got a perfect storm. Technology changes that are just enabling massive scale. Enabling a direct business model. Changing the user experience and expectation. Which in essence changing society. And ultimately how the people buy, how they form relationships. So to me, I think IBM nailed, is nailing their strategy in terms of the vector they're taking. And then a big honking portfolio behind it. And then a giant services business that not a lot of people talk about. But it's like, we had, was it Fred Balboni on? Fred Balboni? I believe it was Fred Balboni. He was amazing, right? Just talking about what IBM services capabilities are. A lot of people criticize IBMs because oh, it's a services company. Wow, what a secret weapon that is. To be able to go into an industry with domain expertise and deliver on the promise, right? So we also heard some other concepts, Dave. We heard the sea change, killing the old business models and bringing the new attention. And time is the new currency. We had a blog post up on that. We heard about the cloud, multi-factor form factor on hybrid. And we heard from customers.  And this is a trend I'm gonna bring it up because I've heard this before. IT is a profit center. I mean, that is a concept I see gaining traction. I think it's a little bit difficult to do when you look at the what's on the balance sheet relative to the data center and facilities and management. Dave, you and I talk about it all the time.  So, you know, when they take down the depreciation on the assets, what are they gonna do? So there's big cost structure involved there. The cloud turns IT cost into profits, right? That's what we heard. Jeff, what are you hearing, Jeff Kelly? What are you hearing out there? So you were out all day today talking to customers. You were getting briefings. What stories did you come back with? What insights can you share? Well, spoke with a handful of customers today, you know, all doing some really interesting things. Spoke with constant contact, doing some interesting things around really analyzing all that data related to, you know, the email newsletters their customers send, figuring out things like when's the best time of day to call, they're starting to, best time of day to send that email. They're starting to do some experiment with some analytics around what are some of the words, the key words in a subject line that's gonna get people to open up their newsletters. So they're starting to do some interesting things. You know, the kind of the core of what they're doing now is around netizen, data warehousing, but they're looking forward. So that's one of the themes, or one of the constants I think I saw around a lot of the customers I spoke to is, you know, they're one or two years behind the messaging and the vision that IBM is putting out there, which is not surprising.  So it's not surprising that the customers are, you know, a couple of years behind that, but all the customers I talked to are very intrigued by what IBM's doing and the vision they're laying out, and they're getting good value from what they're doing right now. It might not be big data analytics in the sense that it's not Hadoop and it's not streaming real-time data, but they're doing some interesting things with large volumes of data that are actually moving the needle. You know, I spoke to a small company, Northwest Trek Wildlife Park, and Point Define Zoo and Aquarium I spoke to. 80 people in this company, they're doing things like just, now that you can buy your ticket with your mobile device, now they're collecting data, they know who their customers are. They can improve retention rates, they can start campaigns that actually personalize offers. So, you know, these are not, in some sense, not the most cutting edge, but they're doing interesting things that it's moving the needle.  I see there are customers that are propped up there by IBM, so, you know, I don't want to say IBM propaganda because they're real customers, so it's not propaganda in the sense, it's just their customers that they're presenting forward. Did you get a sense of how real that was in terms of scale? Was it size, big size changes? Was it major? Well, I didn't get a sense that, like I said, you're right to point out it's IBM customers that IBM brings up. So, obviously. No, they're happy customers, it's blown the same way. When people are happy, they tell everybody. And that's, you know, that's great. But, you know, they were, they were, all the customers I spoke to were Frank, and, you know, I take them at their word, they were, you know, happy for the most part, but, you know, they did have some criticism of IBM, and I think the main criticism I heard from customers, some other attendees I spoke to, and IBM knows this, and we've been saying this as well, is that IBM needs to do a better job of telling the story, and less time spent talking about the point products. Now, I think IBM's come a long way in the last two years around this front, and in fact, I don't get that. I don't hear from competitors as much, for instance, that, you know, A, IBM's got this alphabet soup of products that's confusing, it's not good for customers, where you would see that. I would see that in briefings from IBM's competitors. They put up a slide with all these different products. IBM's doing a better job, but it's still a concern of customers, and IBM's acknowledged as much in our analyst as human aid with executives today. You know, they acknowledge that they need to continue to do a better job of telling that story around solutions, and less around, hey, my pure data box, or, you know, my cognitive implementation. So I've always said, that's why services is so important, because they can wrap that services wrapper around that portfolio and bring the solution to bear. And I think the other thing we started to hear more about was this whole internet of things. I think a year from now, John, you're gonna see a lot more in that space. I think we're just gonna start to see some real teeth. What are you excited about, John, based on what you saw here? I'm really excited by the social business story. I think it's not really coherent yet from IBM's standpoint. I think that it's an amazing conversation that everyone wants to have. I just think IBM doesn't have the seamless products together, they got a lot of legacy with Lotus and some other things that need to be cleaned up a bit, positioning-wise. But I'm really excited about some of the things they're doing around social, social business. I really think that they're on the right track. I think they got the experience. That really gets me excited. But I gotta say, Dave, the Cube here, the past two days, I was very excited by one great production, great event. But more importantly, you know how I feel about the CrowdChat, right? So CrowdChat applications, our integrated application, part of our CrowdSpots platform was a huge success here. We rolled out it to the hashtag IBM IOD. We had today 210 posts or tweets, business on LinkedIn as well, and 776,000 timeline impressions, 1,000 Uniques come in to see that. Yesterday we did only a two-hour CrowdChat. We had over a million timeline impressions. That means the CrowdChat's working. And when we weren't running the CrowdChat, I was here on the Cube, I felt it was different. I wanted the CrowdChat bot, I wanted it back because I just felt going to Twitter directly was awkward and I think that's an example of crowd-activated innovation that we rolled out and that's kind of in line with the theme of the show, which is social business. So the communication that the people want to have at these events is proof that IBM's social business strategy is right on the money because that is the future. The crowd consumer, qualified crowd, that's the new sales model, the new marketing model. So, you know, harnessing that and putting it into production for lines of business and IT, I think IBM is well ahead of the pack on that front. So I'm excited by that, I really am. Cube is a comfortable place and CrowdChat is a comfortable place. I think we're going to be running Cube interviews here with our guests. I like that format, no, I really do. I think running a CrowdChat throughout the day or the bulk of the day allows us to capture the essence of the Cube interviews. And one more thing I want to share by what I'm excited about is I'm excited about the fact that we're now in our fourth year at the Cube, the format works, right? We had CrowdChat's in there, by opening up the data, we are streaming data. We're, as we say, running data, we're streaming information and we're attracting great people, right? And again, a great lineup here, but yesterday kind of had that moment with the Cube where we had Merv, Adrian from Gartner and Ray Wang from the Constellation Group. We had James Kibolos today. We all the top analysts love to come here because you know why? Their data that they have in their head is gold and they are sharing it with the world. It's an amazing dynamic and I think that excites me, Dave, because the Cube is about sharing, it's about sharing information with the world and you get guys like Merv, Adrian out there and Ray Wang, they're sharing, they're open sourcing their mind and I think that creates great goodwill, social currency that comes back and spades for them on a 10X basis. So to me, love what we're doing. I'm excited by the CrowdChat, I try to buy social business. Re-invent next week, check out wikibond.org for all the free research, go to siliconangle.com, see all the blog posts associated with the Cube interviews today. Go to youtube.com slash siliconangle, check that out, you'll see the playlists of all the events that we do. Thanks for watching everybody. This is the Cube, social data, social business, IBM, IOD, exclusive coverage. We'll be back in our next show. Stay with us, I invent, we'll be back. Bye.


There are very many new products that appear in the biotechnology area that need to be commercialized or tested, but most of these products need to be produced in small quantities. So people who develop these products tend to go and hire pilot plans or small production plans in order to produce them. This is how the concept of a multi-product batch plant appears. A few years ago one of my students had the opportunity to go to Berkeley and work in a company that had such a pilot plant or such a plant. So to generate this paper we had real data of an actual plant that say in a campaign of one year had to produce four totally different products. Now with my student, Gabriela Sandoval, who is the main author of this paper, we worked at developing modern tools in order to study the optimization using computer techniques and modern mathematical techniques in order to optimize the equipment in such a plan. Now these computational techniques that were developed in a previous paper were now applied to a real plant with real data, which is the value of this paper. So now, Gabriela is going to explain with much more detail the main novelty of this paper, the methodology, the novel methodology she developed and how this has an impact or will have an impact, we hope, in the biotechnology industry. Hello, I'm Gabriela Sandoval and I'm going to talk to you about a little of my paper published in biotechnology and bioengineering. In this paper, we used an improvement of a previous work where we want to design a multi-product batch plant that produces four products. In our model, we maintain the an important future of our model that permits the selection of equipments in a continuous range of sizes. That is a key future that is very important because we know that some equipments can be built according to customer needs. But we also know that some items such as centrifuges or homogenizers come in discrete sizes. So in this article we included some equations that permit us to select discrete sizes of equipments and obviously select some discrete costs. So another important future of our work is that with real known data, we are able to compute parameters of our model that are size and time factors. So with this, we can now apply our model to real data and we can design a multi-product batch plant that is able to produce four products with 44 stages of downstream processing and the more important is that our plant is not oversized. As a matter of fact, the result is that the cost, the equipment cost of an optimized plant in order to produce these four products went down more than 50% with the optimization tools that were developed in the paper. The results of my paper are quite impressive, so you're invited to download it and if you have any comments or doubts you can write me right here to my email address. Thank you!


Everyone, Basel Chapman here. This is the 11 o'clock Tiger Financial News Network Market Update. Dows up 100 at 31,535. Most importantly, it ran all the way in the slag beat to the upside at 31,085 earlier this morning. Is it trying to find some kind of a base right here so that it can move higher? We'll see soon enough. Now, what's really important about this phase? You see this little gap, not a little huge gap, in the dow from the gap with the lower high on the 10th of June. That's at 32,053. So there's this whole gap between 32,000 and that 32,053 area. No, what am I talking about? 30,000. Oh, let's do this real quickly. Anyway, there's this gap to fill. You've got a left side right at price time. That takes you to about tomorrow to be able to get even close to that level. We've got fairly close today. Looking at the S&P, we're talking about the S&P down up 55 cents of 3,900 right now. Most importantly, what's happened with the S&P is that this is just a single leg A. You would expect that there'd be some kind of a digestive phase after this leg A. There'd be a peak A so that maybe the high today of 945 won't be touched. Tomorrow, maybe it'll be Thursday. We'll see. Looking at the QQQ, that's now QQQ. I'm looking at the wrong place. There it is. 1, 2, 3. So the QQQ is a trading down at 290. Really wants to hold the 288 area over the next day or so. Looking at the IWM. IWM is leg B. It's up 58 cents of 176.32. You're looking at the gold. Gold was weaker earlier. It's still weaker. It's down 3. Looking at the dollar, it was actually up a little bit. It actually up quite nicely. Oh, it's even more. 54 ticks at 104.52. We're looking at the TLT. TLT's weak down 63 cents. The yields are going a little higher. You're looking at Crude Oil. Actually, Crude Oil had a pretty nice rally. It's given back some. It's up 70 cents. But this is, I'd say that I thought the 111 to 112 area should be resistance. It did hit 111.72 to down the continuous contract. I'll be back for the next hour. You're filling for Larry Pizaventos, hour 11 to 12. Yes, straight what you see, but I will be doing my technical aspect to it just so that we can have that hour live and we can be looking at exactly, this is such an important phase in the market after such a spectacular rally from Friday a week ago. This is really important to be monitoring. Where are we and what are we doing? We'll discuss that as soon as I return for the 11 o'clock to 12 o'clock hour. Usually Larry's Joe Larry's voice is still very scratchy and nerdy. Hope you get back to work. See you in a moment.


How exactly does a seatbelt save lives? In this video, we're going to learn about the forces acting on an object due to changes in momentum. You may find it useful to brush up on momentum by watching this video. All moving objects have momentum. A stationary object has a momentum of zero. We calculate momentum using this equation. Momentum P equals mass m times velocity v. So what are the units of momentum? Mass is measured in kilograms and velocity in meters per second. So momentum equals kilograms times meters per second, which equals kilogram meters per second. Now try this example. What is the momentum of a 100 kilogram ostrich travelling at 8 meters per second? Pause the video while you work it out. How did you do? Rapid changes in momentum can be extremely dangerous. Can you think of examples of rapid changes in momentum? During a car crash, the momentum of the passengers decreases rapidly from a large number to zero in less than a second. This places huge forces on them, which can be lethal or cause serious injury. We can calculate the force acting on the passengers using this equation. Force equals change in momentum divided by time of change. Where the force is measured in newtons, momentum is measured in kilogram meters per second and time is measured in seconds. Let's try this example. So our 100 kilogram ostrich is travelling at 8 meters per second. What forces require to stop it in 5 seconds? First, we need to calculate the change in momentum. Momentum at start equals mass m times velocity v, which equals 100 kilograms times 8 meters per second, which equals 800 kilogram meters per second. Momentum at end equals zero. Change in momentum equals 800 minus zero, which equals 800 kilogram meters per second. Now we need to substitute these values into our equation. Force equals change in momentum over change in time, which equals 800 kilogram meters per second divided by 5 seconds, which equals 160 newtons. That's a lot of force. Imagine a person with a mass of 70 kilograms is travelling in a car at 15 meters per second. The car comes to a complete stop in one second. What's the force acting on the person? Pause the video while you work it out. That force acting on a person could be fatal. Rapid changes in momentum create huge force that are dangerous. Car manufacturers use crash test dummies to study the forces the body is subjected to in various crash situations. We can make changes in momentum less dangerous if the change happens over a longer period of time. With no seatbelt the body will move forwards and come to rest rapidly as the person hits the stationary parts of the car. A seatbelt stops the driver from being thrown from the car and allows a longer time to slow the body down by locking and then stretching during the crash. Seat belts, airbags and crumple zones all reduce the force by increasing the time over which the change takes place. So now you can see how a seatbelt can save your life.


Sean, do you know that I was going in the whole time? To be honest, I didn't really see it. Hit the back of the net. I had to look around and double check that it had been given a goal. You've gotten a pension for scoring the important goals in the ACL, don't you? I don't want to talk too much about myself. It's nice to play your part for the team, but the boys were outstanding tonight as everyone has been throughout the tournament so far. Let's talk about the team. How good was the performance today? Yeah, good. I mean, and it wasn't perfect. You know, if we'd done a lot more better, where we could have, we could have really punished them. We had a few chances on the break where we opened them up and, you know, had we been a bit more clinical, we could have destroyed them. But it's very positive that we still have a lot to build on, we still have a lot to improve on, and now we have a final to do that in. Have you loved it missing out last week?  Yeah, I was obviously devastated to miss out through suspension. It's always hard to watch the boys, especially on TV, you know, and you can't help and there's nothing you can do, but, you know, just believe that they can get the job done. But we have full, everyone has faith in each other, in this team, that no matter who's on the pitch, we know that we can do the job that we need to. Yeah, it's been said that after the 3-1 defeat in round one, people are still confident we can do well within the team, do we think we can make the final back then? I mean, this team doesn't achieve things by chance or by hoping. You know, we have a lot of belief that we can win any competition that we compete in. So within the group, we knew how far we could go. You know, we didn't sit down and talk about, we didn't sit down and talk about the final at that stage. We had to focus on the goal, which was getting through the group stage, but as each challenge came, this group just believed more and more. Now the 2A Leagues and now the Champions League, we've played in three leagues and made three finals. What was that say about the club? You know, we played to win. So we need to go one step better now and we need to bring home a trophy.


Every single weekly data user power is engineered to help you find what you're looking for or things that you don't even know You're looking for yet on digikey.com What is the great search of the week this week? Okay, so this week I'm going to be interfacing to this Apple to disk drive, which is in a beautiful clear enclosure And the Apple to disk drive has a slightly different control mechanism for how you Control the drive and read and write from it and it has this analog board and the analog board Has As you won't go my computer so I can choose an addicts. This is the schematic for the analog board the disk interface and You'll see it has a negative 12 volt power supply. So it has Plus 12 there's VCC, which is five volts and negative 12 and that's a little unusual I mean at the time it wasn't unusual because Transformer-based power supply is really easy to split the tap and then you can generate a negative voltage But with digital electronics, we don't tend to have negative power supply rails really as much So the good news is that you know most disk drives that I'm used to working with so here's the five volt supply You know your five volt supply and the ten volt supply are used for logic And there's a stepper motor probably that's the 12 volt and then there's a spinning motor probably the 12 volt or five volts So 12 volt and five volt supplies are high current they're gonna be like an amp or two because you're gonna drive a motor with them and a lot of these logic chips the Negative 12 volt supply However Let me find it Is used for a bias hold on I have like 500 images and they're all blurry Okay, so this is where the negative 12 volt supply is it's right here and it's used as part of this analog circuitry which Filters the pulses or like biases the read head I'm actually not 100% sure I have to look up at the MC 3470 dies, but this is the only place that the negative 12 volt appears So, you know it the potentiometer are 28 and you know, I looked on this Boards look at our 28 and our 28 tonight. He looks like you know, you tweak and adjust it to set The it looks like the the jitter and just the jitter for the analog board So here this is that the tech instructions for this board and they say, okay, you know, look at this Trigger pulse, I guess this is maybe the bias for the trigger Where we're like, you know, it it There's some timer and then it like reads the timer and it uses the pulses to like generate the pulse train or synchronize with The pulse train that comes out of the disc get So there's a potential you have to adjust so you do need to give it that negative 12 volts Especially, you know, you'll get weird results. If not, maybe you'll not get some some good reading results You might get errors on right. So you do want to have a negative voltage and you want to have that voltage at least be Consistent so we have to generate a negative 12 volts and again digital electronics Plop, you know, it's we've done boost converters and we've done linear Regulator so you can like kind of move up and you can move down and you need buck converters But now I want to inverter and I'm extremely lazy about this inverter because it's not a power supply It's like a bias supply.  It's a 10 k potentiometer I'm going to look for a charge pump inverter and charge pump inverters the reason I'm a fan of them is because if you remember your max 232 You know, this is a kind of a famous part not not used as much anymore, but was Famous for if you had an RS 232 interface, which all electronics used to You'd use this and it would convert your 5 volt logic or there's a version for 3 volt logic And it would do this neat thing where it was like hey since it's not a power supply that you need negative 10 and plus 10 But you just need it for biasing for signaling not for powering It would there's a built-in charge cap You would put some you know one micro farad caps on the outside It would convert the 5 volt to 10 volt and then do an inverter to get you 10 volt to negative volt So one I could probably get away with using a max 232, but I kind of want to Not cheat and use it and chip that isn't designed for it and second I might actually need negative 12. I want it to maybe be perfectly balanced. So So this is actually kind of interesting because I wasn't actually sure How to find this because you know, it's it's a it's a weird part But I think I searched for It's under regulators, so it's it's considered a DC DC switching regulator and It's actually called raciometric Which makes sense because you're not regulating it. You're just flipping it over So let's look for active Raciometric or inverted because you can also get inductor based Converters we want only one output And we want to make sure it can give you Negative hold on positive or negative. Well, let's say positive and negative and Voltage input max wait and mess something up. Let me start over This guy this was very confusing. So I want right so I want Negative I'm gonna have to go back from the part that I found and then and then go backwards. So positive or negative One output voltage input max Okay, so For voltage input max because I want to generate 12 volts. I need it to be able to take at least 12 volts So I'm going to select All of these And let's see what I get And then I don't care about it just we're fixed because I can I can tweak that And Yeah, I got a bunch of these parts and then I did surface mount only because it turns out those are a lot of two whole parts and A lot of things were out of stock so the first thing I found was there is This very popular part that's been used for a very long time called the icisl or icl 766x and there were quite a few of these and these are ancient These these have been made since the beginning of time So you can use this part most likely and there's cut that comes in at like a lot of different Manufactures is kind of a jelly bean part. So if you search for Let me open up a new page you look for icl 766 to get all the All the alternatives under the switching regulators Yeah, you'll see so this was made by like analog maxim by harris by renaissance. So lots of lots of different Lots of different options Came in dip and also smt. So this is one version. There's also this 7662 So there was this whole family However, I wanted another alternative because this was a little bit of an older chip and and there were a couple available Um, but it's sort of I was like a little I was a little Anxious about it. So the other one I found actually was the TC 1044 and this actually there's also the tc 105 for one second For Hold on let me look at my history. This was Sorry the LT 1054 Okay, so the LT 1054 was a different charge pump inverter this was available from ti and analog and The good news is this one was a little bit less expensive, but it came in a um 16 so I see so it's much much larger, but it's a much more modern chip And the pricing was pretty good. It's basically like a dollar fifty or so um, and it can do Either doubling or or negative. So it's kind of got this like weird voltage output negative v in or or two v in But the good news is that it could take up to 15 volts input. So this was actually what I ended up um picking for I thought I think I'm going to use I'm going to get some of the samples of the icl 7 6 6 0 But one thing that's interesting about that part is It's so old that it actually started getting more expensive than the modern part like usually you think like oh an old part like You know, uh Tl, you know tl 07 4 or something so you know some op amp if it's like a couple decades old It'll be really inexpensive. It's made so much the one thing I've noticed is like during the silicon shortage sometimes There's this like weird like It's it's like a there's like a dip where it's like very new parts are very expensive because you can't get them And very very old parts are very expensive too because they're like not really made anymore And so the people who need them are like desperate to not like, you know You have some like mill spec design and you're not going to change this component You absolutely need to use this component for the rest of you know human history Um, so you're desperate to get it So there's like this nice middle ground where you're actually going to get better pricing on parts that are like About five to ten years old. So um, even though this is a more modern part It actually ended up being less expensive than um, the icl which was like for some reason like Five dollars, you know for this this like multi decade old component. So the the icl Probably works really really well, but I think i'm probably going to go with the LT 1054 and I also learned a little bit about um product history and pricing I think along the way, but what's actually kind of fascinating is there's there's a lot of boost converter like the charge pump inverters For five volts, but once you get to 12 volts, it's actually kind of a little it's a little rare But this one should absolutely do the job quite nicely and uh, I'll pick it up And it's a bit chunky at 16 so I see but sizing is not as important Um, there's also a max in part that I saw that goes up to uh Plus or minus 40 volts and a TDFN much more expensive But if you need to generate like a negative 60 volt bias, um the max in part will do the job as well And that is the great church


Think about the fact that the Holy Spirit prays for you.  We often seek impartation through God's servants, but think about the exciting reality that the Holy Spirit wants to lay hands on you himself. Romans chapter 8 verses 26 and 27 say, and the Holy Spirit helps us in our weakness. For example, we don't know what God wants us to pray for, but the Holy Spirit prays for us with groanings that cannot be expressed in words. And the Father who knows all hearts knows what the Spirit is saying for the Spirit pleads for us believers in harmony with God's own will. In moments when you don't know what to pray, you can rely upon the divine momentum given to you by the Holy Spirit. For the Bible says that he prays for us with groanings, deep longing. Even when we lack that fire of prayer, he doesn't. He never lacks passion. He prays for you with more fervor than would a father have while praying for his son, than would a grandparent have while praying for their grandchild, than would a mother have while praying for her children. He prays for you with groanings passionately, fervently, with longing from deep within. If you could see into the realm of the Spirit, if you could watch the Holy Spirit praying for you, you would see tears streaming down his face. You would hear him praying with such force that his booming voice, the very same which spoke the world into existence, would shake the room. I dare even say that you would see him pounding his fist on the floor as he prayed. He knows you like no one else knows you. Every flaw, every insecurity, every need, every thought, and he prays for you like no one else can pray for you. He doesn't just pray with groanings. He prays according to the will of God. He bends you toward the will of the Father. He inclines your heart into the commands of God. Every prayer he prays over you makes you more like Christ and corrects your course. The Holy Spirit, the ultimate prayer warrior, the mightiest of all intercessors. Praise for you. I'm David Diga Hernandez and that is your Moment of Truth. This topic was taken from my latest book, Praying in the Holy Spirit. If you would like to read the first chapter for free, just sign up to my emailing list by going to davidhernandezministries.com slash email. When you sign up to my free emailing list, you'll receive weekly content and resources that will help you draw closer to the Holy Spirit and to grow spiritually. Again, to sign up to my emailing list, just go to davidhernandezministries.com slash email. Thank you for watching EncounterTV. Don't forget to subscribe and click the notification bell. Also, help us spread the gospel of Jesus Christ in the power of the Holy Spirit. Make a one-time donation or become a monthly supporter by clicking on the donate link now.


Hello everyone, thanks for coming. Now let me introduce myself first. My name is Zhou Yibo and I work as a business. I'm a software engineer for folks on Kolo, KVM and the container. Now I'm going to talk about the aggressive PV API and parcel tamer technologies which have been applied in our private cloud environment. Now let me begin my topic. This is a agenda of the topic. Firstly, I will talk about the background, what problems are in our scenario. And then the solutions about these problems will be offered. And lastly, we'll talk about the future work for our solution, the background. Firstly, let's talk about the tamer axis. The tamer axis, which contributes to the overhead of virtualization significantly. Contrary to the tamer, the VM is emulated by VMVAM. Therefore, this army theory in tamers will cause the VM axis. In our product environment, most of the tamer axis are caused by the programming tamer as shown on the graph. There are many reprogramming tamer operations before tamer theory. Okay, let's say the problems to API axis. API axis are also a big portion of overhead in our scenario, since large VMs are readily used. The left table is the typical skills of VMs use the embeddance. The statics of the API VM axis is also present on graph down right. You can see the API VM axis of our scenario can cause up to 500 and 50 sound VM axis every few minutes. Also features of PVAPN, are implemented in upstream, but they don't resolve our issues very well. Okay, let's say solutions. I have talked about issues encountered in our scenario. Let's talk about how we correct these problems. To eliminate the overhead caused by the VM axis, tamer axis, exit next tamer need to be developed. There are existing solution developed by Tensing and Alibaba Cloud, but they don't meet our demands. Exit the next tamer proposed by me as the Tensing Cloud requires housekeeping CPUs and inject is paired tamer interrupt through post interrupt. Another design from John Alibaba Cloud introduce the modifications on guest cloud and the reserve of our dedicated CPU for handling tamer interrupts. Okay, let's see our solutions to overcome the problems in existing solutions. We proposed a new exit next tamer. We called it a pass through tamer. In pass through tamer, the VM can use a physical API tamer directly. So the host tamer will be uploaded to the pre-empting tamer when VM entry. When external interrupt exit happened, if the external interrupt vector is a local tamer vector, we should inject the tamer interrupt for VM. In order to VM use physical like a tamer, the napkin tamer of the VM should work in TSC data data line mode. And then in VMVM, the intercept of TSC data MSR should be disabled. Lastly, we must adjust the host TSC value when VM entry. For VM use the physical TSC successfully because the TSC value of the VM is less than host TSC value of this. You know, in my pass through tamer environment, the VM uses a physical tamer directly. So if we wanted to make a host tamer work normally, we must do some things. In VM entry, we must get the latest tamer, the host, which will be expired and upload it to pre-empting tamer. When our VM exists on the VCPO pre-block, we restore the host tamer to physical tamer again. And then the VM tamer to software tamer, which is emulated by VMVM. Our pre-empting tamer is paired, which indicates that the host clock even to will be called. This slider shows the difference between normal VM, network tamer, and the VM password tamer. You can say in our design, VM can program the network tamer without trigger VM exit any more. Okay, in this slider, the performance test result is presented. You can say throughput of sets and guess operations of member catch increased 35.5% after adopting our password tamer. Another test, technique test, which indicates the schedule latency also shows the improvement after use of our password tamer. Okay, let's talk about the IPN VM access. A possible implementation of exit Nest IPN has been developed by NIE from Tencent Cloud. This implementation marks all these CPUs in a bitmap, and then send the IPNs to all these CPUs together by one HEPCore, and then the VM scan the bitmap and get the dist CPUs from the bitmap, and then send the IPN to the CPU in bitmap one by one. In other words, this implementation multi-multi-IPN VMX into one VM exit. Okay, in our solutions, we adopt a low exit IPV IPN. We managed this low exit IPV IPN by pass through PID square to guests and don't do not intercept SCR, MSR. In VM startup, we offer dedicated PV SCR for guests to send the special interrupt, such as SMI and MI. And then in guest, it can send the IPN directly via post interrupt and without VM exit. Now, this diagram shows how low exit PV IPN works. For example, in guest, the VSPU 0 send the IPN to VSPU 1. Firstly, we must get the PID script of VSPU 1, and then we set PV IPN vector in post interrupt request the bitmap of PID script of VSPU 1. Then we set outstanding notification in PID script. The outstanding notification will tear the hardware. There is a pending RQ to resolve, to solve it. And then we get notification vector from the PID script. And the notification vector is always post interrupt vector. But if the VSPU in host data, the notification vector is a post interrupt wake up vector. And then we prepare SCR. And then lastly, we write SCR. So the API is triggered successfully and without VM exit. Okay, let's see the test interrupt. Okay, okay, sorry, sorry. Let's see the test result of the low exit PV IPN. After adopting low exit PV API, the cost of a single API operation in VM decrease from 11,486 to 412 cycles. Single PV API can perform on the level of bare metal from the perspective of the application level low exit PV API can also improve the remote significantly. In our scenario, lamp sets and gets operations per second of memory catcher raised 14.8% after intro to see low exit PV API. Okay, let's see future work. Also, there are many benefits by introducing password tamer and low exit PV API. But there are some potential problems need to be addressed. In terms of low exit PV API, the guest should be trustable because the guest can assess the ICR MSR and the PID script. This will allow guests send the PV, this will allow guests to send the IPS to an arbitrary physical CPU. In our private closed scenario, they can accept a trade-off between performance and the security because the guest is generally considered to be credible but the work of making low exit PV API secure still needs to be done when security is a concert. The security hard of PV API could be implemented. For example, their EPTP switch feature of when think. For password tamer, guests couldn't affect any other VMs. So the security of password is not the major concern. In future, works of supporting new migration and dynamic switch may be valuable. Okay, this is all contents of my topic. If you have any questions, you can click me via the email. Okay, thanks.


This video will cover the following objective from respiratory physiology, list the major functions of the respiratory system. The major organs of the respiratory system are the lungs as well as the airways that connect in and out of the lungs and the muscles of respiration that are responsible for ventilation, for pulmonary ventilation, drawing air in and out of the lungs. So the airways are connected to the nasal cavity and oral cavity and the pharynx is the throat which the pharynx connects to both the nasal and oral cavities. As air is being drawn in through the nasal cavities, it will be humidified, warmed and filtered and then it passes down through the pharynx into the larynx. The larynx is also commonly referred to as the voice box and it contains the vocal cords responsible for sound production. And then air continues from the larynx down into the lower respiratory tract starting with the trachea which is the large airway which then branches into the right main bronchus and left main bronchus. Each bronchus branches further into secondary tertiary bronchi in the lungs which branch further into bronchioles which are small airways that eventually terminate in air sacs known as the alveoli where the external respiration, gas exchange occurs where gas like oxygen moves from the atmospheric air inside of the alveoli into the blood to be transported inside of the red blood cells. The role of the muscles in the respiratory system like the diaphragm, the diaphragm contracts in order to increase the volume of the thoracic cavity where the lungs are located and as that volume increases there's a decrease in pressure inside of the lungs that causes air to flow in increasing the volume of the lungs. Ulfaction is one of the functions that the respiratory system contributes to in order to draw air in the respiratory system can draw air in through the nasal cavity and then molecules that are in the air can dissolve in the mucus of the olfactory epithelium and bind to the olfactory receptors which relay information in through the cranial nerve one into the olfactory bulbs and olfactory tracks that carry the information into the olfactory cortex in the temporal lobe where the sense of smell is being processed. Sound production for speech is another major function of the respiratory system in the larynx there are vocal cords that are elastic ligaments that vibrate as air is forced in between these bands of elastic connective tissue that vibration creates the sound that we use for speech. This should be a familiar diagram of the path of blood flow through the pulmonary and systemic circulation and so the pulmonary circuit is the blood supply to and from the lungs the pulmonary arteries are carrying de-oxygenated blood to the lungs and pulmonary veins drain oxygenated blood back from the lungs to the left atrium of the heart. External respiration is the aspect of gas exchange which occurs in the lungs and so is a major function of the respiratory system is gas exchange and in particular external respiration where we have gas exchange between the blood of the pulmonary capillaries and air inside of the lungs the air inside of the alveoli which are the small sac-shaped terminal ends of the airways inside of the lungs the air inside of the lungs is exchanging with gas that's dissolved in the blood across the wall of the alveoli and across the wall of the capillary. In external respiration oxygen moves from the alveoli or alveolus as we can see on this diagram is the singular of alveoli so oxygen is moving from an alveolus into the blood plasma and then that oxygen in the blood plasma can move into the red blood cell and um oxygen will then bind to hemoglobin inside of the red blood cell where hemoglobin will function to help transport oxygen in the blood. Carbon dioxide which is found inside of the red blood cell and also dissolves in the plasma moves the other direction across the capillary wall from the blood toward the alveolus and so carbon dioxide is moving out of the blood into the lungs during external respiration and oxygen is moving from the lungs into the blood during external respiration. The fact that the respiratory system allows us to remove carbon dioxide from the blood enables another major function of the respiratory system which is acid base homeostasis the respiratory system contributes to the balance of the ph of the body by removing carbon dioxide from the blood because carbon dioxide reacts with water in the blood forming carbonic acid and carbonic acid can release a hydrogen ion into the surrounding solution lowering the ph the enzyme carbonic anhydrase is responsible for interconversion of the carbonic acid with water and carbon dioxide and so the chemical reaction that converts carbonic acid to carbon dioxide and water is very quick and is catalyzed by this enzyme carbonic anhydrase which is one of the fastest enzymes that humans have ever studied this is a reversible reaction so if we have excess carbon dioxide that carbon dioxide can be converted into carbonic acid by this enzyme carbonic anhydrase and if we have excess carbonic acid carbonic acid can be converted into carbon dioxide by this enzyme so it can move either direction and when the ph of the body is becoming very acidic as the ph is becoming too low it will stimulate an increase in the respiratory drive leading to increased pulmonary ventilation that is increased rate of airflow in and out of the lungs which speeds up gas exchange helping to remove carbon dioxide from the body and this will have the effect of helping to raise the ph of the blood restoring homeostasis so here's a diagram just summarizing the mechanism through which the respiratory system can contribute to the rapid regulation of acid-base balance in the body if the ph of the body becomes too low which is also known as acidosis there are chemoreceptors that are detecting that change in ph the central chemoreceptor in the brain is very sensitive to a change in the ph of the cerebrospinal fluid and if that falls too low it will lead to a stimulation of the respiratory drive leading to increased respiratory rate removing carbon dioxide from the body helping to lower the carbon or the carbonic acid concentration of the blood and this brings the ph of the body back to the homeostatic set point around a ph of 7.4 and the opposite will happen if the ph of the body becomes too high if the ph is above 7.4 this is alkalosis so there's a little bit of room so above 7.45 would be alkalosis a normal range would be around 7.35 to 7.45 but if it gets above that 7.45 the ph of the body is too high known as alkalosis which is also going to be detected by receptors the central chemoreceptors in the brain are going to respond to that alkalosis leading to a decrease in the respiratory rate which causes the carbon dioxide to accumulate in the blood it slows the rate at which carbon dioxide is being removed from the blood so the blood carbon dioxide concentration rises and the blood carbonic acid level rises and as that carbonic acid level rises that causes a decrease in the ph of the blood helping to restore the homeostatic set point around a ph of 7.4