Digital Social Hour - Crypto Predictions 2025: Bitcoin to $400K? | Dan Young DSH #1222
Episode Date: March 6, 2025🚀 Can Bitcoin really hit $400K by 2025? Tune in now to hear mind-blowing crypto predictions from industry experts on the Digital Social Hour with Sean Kelly! This episode is packed with valuable in...sights on Bitcoin, Ethereum, meme coins, NFTs, and the future of crypto investments. 💰💡 Join Sean Kelly and guest Dan Young as they uncover the latest trends, from strategic government crypto moves to BlackRock's involvement in Bitcoin ETFs. 📈 Discover what’s next for Ethereum, Ripple, and Solana, and learn why now might be the perfect time to dive into the crypto space. Plus, hear fascinating takes on diversification, real estate, AI advancements, and how to prepare for the next bull run! 🌟 Don't miss out on this exclusive conversation that could reshape your financial future. Watch now and subscribe for more insider secrets! 📺 Hit that subscribe button and stay tuned for more eye-opening stories on the Digital Social Hour with Sean Kelly! 🚀 CHAPTERS: 00:00 - Intro 00:27 - Dan Young 01:25 - Real Estate Investment 04:41 - Trump and Cryptocurrency 05:55 - Bitcoin and Ethereum Market Predictions 09:53 - Ripple Legal Challenges 10:55 - Next Bull Run Timeline 16:37 - China's AI Advancements 23:37 - Investment Diversification Strategies 25:24 - Managing Emotions in Investing 26:28 - PC Gaming Industry Trends 27:50 - Future of AI Podcasts 28:48 - Tesla Roadster Updates 30:40 - Bitcoin's Creator 32:40 - Collecting Ancient Coins 33:53 - Connecting with Dan 34:14 - Farewell APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: jenna@digitalsocialhour.com GUEST: Dan Young https://www.instagram.com/dansmillionairecode https://www.instagram.com/xidaxpcs/ https://www.instagram.com/pclaptops/ https://linktr.ee/dansmillionairecode LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ #ethereum #xrp #solana #bitcoinanalysis #bitcoinnews
Transcript
Discussion (0)
will have one this time.
If they ban it from stock trading,
it should probably load up.
Yeah.
You think that ban will actually happen?
It could happen.
But here's the interesting thing again,
being that the president owns so much crypto
and so many Congress members,
I don't think crypto will be held down too much from that.
All right guys, Dan Young here today. Someone I've known for man seven, eight years. Long time, man. Finally got a podcast. You're so busy. So it's hard getting you out here.
Dude, you too, man. Yeah. No, but you are balls deep in the grip those space. So you're crazy.
Even leaving now is a risk for your portfolio with all the meme coins. It's nuts. Huh? You know, stuffs down like 40% in an hour.
Yeah.
How's the buy?
Yeah.
How's the fund going?
The crypto fund fund is great.
Fund one is like a 98% full.
So we're launching funds too.
In March.
Nice.
Grats, man.
Yeah.
You with Bridger, right?
Bridger Pennington.
Shout out to Bridger.
The fund King, the fund King, man, that guy has how many funds now? Well, you know, his family, his dad Bridger, right? Bridger Pennington. Shout out to Bridger, the fun king. Fun king.
Man, that guy has, how many funds now?
Well, you know, his family, his dad is like,
had this thing and his dad, he retired,
but his dad's fund is $48 billion.
Holy crap.
Pretty juicy now.
That must be one of the biggest of all time.
Oh, it's pretty, pretty big.
What's in that one?
Is it stocks or?
Real estate.
Oh, real estate.
Yeah.
Tried and true, right?
Tried and true.
Yeah, sometimes you need some safe investments. Yeah. Tried and true, right? Tried and true. Yeah, sometimes you need some safe investments.
Yeah.
Real estate's safe, right?
We take some of our profits from our bag
and roll it into boring old man investments.
Yeah.
Yeah, I remember you used to tell me
about some flips you used to do.
I keep telling you to buy real estate
with extra cheddar, you know.
Well, I finally bought some.
Oh, good.
Yeah, I got one now, and I kind of want to get more.
I get these ads for, what are your thoughts on the
section eight stuff?
It's kind of trending like anything but you know that Airbnb
took a big trend general but uh, I just think just accumulate
accumulate and be patient five years plus. Good good cash flow
life is good. Hopefully rates come down. You know,
we were in the Uber on the way here looking up house prices in Park City. Some
of them are like 5 million.
Yeah, they've gone up. Yeah, I bought one in Salt Lake in
holiday for a million and a half and it's like 5 million now. Holy
crap. It's been a long lake. Yeah. So even Salt Lake is going
up. Yeah, dude, it's nuts though. Because when you have
big events like Sundance, you can rent this out for 1000 bucks
a day. Crazy. That's what the guys here are paying.
That's not that bad.
That's not that bad.
Yeah, but you can pretty much make your mortgage
in two weeks.
You can.
You know, real estate could be the way.
If you got to know what you're doing though.
Yes.
A lot of people lose money in real estate.
Yes. Not as much as crypto when they mess up.
We'll try to help everyone.
Yeah. Crypto has got to be like a 97% losing rate
for the average person I'd imagine.
It's pretty bad, huh?
It's just like when, you know, when they go to Vegas and they think
they're going to be a poker player. I mean, same with stocks though. Yeah. I think 90% of people
lose on stocks. Too emotional. Most people. Yeah. But you've got good control over that, right?
Well, we try to meditate, you know, being a Vulcan and all. Yeah. Plus you do the data analysis. So
I feel like you're pretty comfortable when you make investments. Yeah. We do a lot of diligence
for each position that we put into. So it's, it's been comfortable when you make investments. Yeah, we do a lot of diligence for each position that we put
into. So it's, it's been a good ride.
Yeah, you don't just see one video on social media and buy
off someone's opinion. No, try not to see what a lot of people
do. You saw with the hoctua coin. That was crazy. Trump
coin, Melania. Now you could have made money on Trump and
Melania though. You could have you could have made some money.
You had to be there early. short term. Yeah. Did you get in? I got some at eight like eight dollars something. It's pretty early.
So I did okay and then sold it pretty quick but I'm not a day trader but that one was kind of fun
you know but we thought it was a rug when it launched right. Yeah. This is his account's
probably been hacked but we knew it wasn't hacked most likely because it went on
true social at the same time right? Yeah. So both accounts getting hacked probably a low chance of
that. I thought the Melania launch was a dumb move. That was pretty dumb. Because that messed up the
Trump coin price right? Yeah that everybody just moved a little bit over but you know I mean the
whole family's in it now. They'll launch Baron coin next.
Possibly, you know, but their big money, you know, is in their own private holdings
at that World Liberty and, you know, a few things like that.
They're stacking crypto, right? I just saw them buy a bunch of Ethereum and Bitcoin.
Lots of Ethereum, lots of Bitcoin and lots of well, actually, it's mainly Ethereum in
that deal. I don't know how much Bitcoin they actually have but they're buying a lot of the
Tokens that will be hopefully tax-free right it's based right with Solana one of them
I don't think they have a whole bunch of soul
But I mean just big stacks of aetherium in there, but you are seeing like chain link and some other stuff
So we'll see what happens. Yes, you think there's a good chance crypto could be tax-free in the future
American based crypto.
And, uh, but I got a crazy theory.
So, you know, whatever Trump's buying indirectly or whatnot, right.
With let's say world liberties, whatever he's buying there, here's the thought.
If the president is buying that and he is hiring all the guys who regulate that.
Right.
president is buying that and he is hiring all the guys who regulate that, right? So there's probably a good chance that whatever he's buying is going to go up for the next
few years.
There's a darn good chance, right?
Because he's going to put the wind in the sails and with Congress, you know, possibly
being completely banned from dealing with stocks, we're just going to move to crypto,
which is even more fun, right?
That's a good point.
They are
finally getting some heat on the stock stuff. Right. Yeah. And the donations and who's donating
what to who. Yeah. Buy what, uh, you know, Nancy Pelosi buys and don't buy what Jim Kramer recommends.
And, you know, people have done these mirror trades. Yeah. They've done the inverse Kramer ETF
or whatever. He gets so pissed whenever he sees it. It's all red.
I mean, it's wild that everything he says goes down.
Yeah.
Like you got to try to be that bad.
I feel like it's crazy.
Like you got to, if you're shooting that low,
that's amazing.
That's a skill in itself.
It is crazy.
You know, but are you,
are you bullish on Bitcoin in theorem still?
I am.
You know, I have some predictions for that.
You want to hear them?
Let's hear it.
So right now we're floating around a,000, you know, around there.
But here's the thing. Every four years there's a Bitcoin having, right?
Where the mining difficulty becomes twice as hard. And then we typically see a bull run.
Bitcoin first, usually Ethereum second, then alts and then a bunch of DGN small stuff, right?
But Ethereum is kind of stalled out, you know, and so we took, I've seen some
alts rise, but here's the thing.
The biggest thing is the government.
If they start buying Bitcoin and other crypto for strategic reserve, then of
course, you know, our friends in China and Russia and all these other countries
are going to be on this mad rush to buy, just like when they started accumulating gold right but I think even with the Biden
administration there was a big blessing so you know Fidelity and BlackRock
launched their ETFs Bitcoin and Ethereum and that got approved while Gary
Gensler was head of SEC and during the Biden administration. So that's a blessing from the people who we thought didn't like crypto.
And here's the thing, if you look at all those companies that dropped ETFs,
they control almost over 20% of the S&P 500.
So do you think the government is gonna let BlackRock fail?
I mean, if BlackRock and Fidelity went insolvent,
like we would be like an Armageddon for the US economy.
So being that those are there, it's pretty inevitable.
It's like garage banned to mainstream.
And so my Bitcoin prediction,
if we don't do a strategic reserve,
it could be around 120 to 200,000 in that range.
We don't know, but within maybe by the end of the year, possibly if that strategic
reserve launches, I mean, some of my friends and our acquaintances are saying
400,000, a million dollar, Kathy Woods, like over a million in the short window.
Possibly Michael Saylor said that too.
And could have Larry thinks like, like what is he putting it out
at 400,000 and he's the CEO of BlackRock.
Right, so he's probably super conservative on it.
Yeah, that's pretty crazy.
I mean, BlackRock just bought some Ethereum today.
Did you see that?
Oh, they're always buying.
Oh, well they bought another like huge chunk today.
Oh man, that's why I put it up.
Well for them it's nothing, but for us it's a lot.
So I don't know, did it go up today?
Ethereum's been going up the last couple days.
Pretty significantly more, way more than Bitcoin.
Yeah, so they could be stocking up.
And other countries might have reserves too, right?
If they follow our suit.
Oh yes, gold, silver, right?
Bitcoin, Ethereum, and you know, Ripple obviously is pretty hot right now.
I missed that one, dude.
Did you get on that one? I've had Ripple for is pretty hot right now. I missed that one, dude. Did you get on that one?
I've had Ripple for like six, seven years.
Damn.
Diamond hand.
But it was crap.
They just floated sideways, but I just kind of let it sit.
See, you have tokens, right?
Yeah, but that's where people lose money.
When it went sideways, they just sell.
Yeah, they freak out because they get bored.
Right, but you believed in the banking aspect of it, right?
That was always their goal.
That's what we thought would happen.
And really the big thing that caused it from going up is the SAC had,
you know, Gary's suing them.
So with all this legal stuff clearing out, boy, that's,
that's really good opportunity.
Did Gary step down yet, dude?
Or is he still, he's out.
He's out.
He's out.
Thank God.
Oh my gosh.
Yeah.
He went after every U S, every US token. I mean,
he probably would have went after Trump. Yeah. You know, he's
teaching at some college and some big company is threatening to
not give money to that college or anything unless they get rid
of them. Yeah, because he made a lot of people like not. He's not
a friends with a lot of people like not he's not friends
with a lot of people that are suing you know. I mean he let FTX happen too. Geez. That was
probably the biggest crypto scam of all time. It's crazy. You got Diddy and Sam sitting
in the same cell maybe? And Luigi. Oh man. Yeah all three of them are no they're literally
in the same prison. It's crazy. It's crazy. I just had Tiffany Fong on she was talking
about that. Wow. You also said the Bank of America CEO is interested in the space, right?
Yeah. So there was a big law change now where banks can do more custody for crypto. So you're
going to see probably Bank of America and every major bank now, you're going to be able to deposit
bitcoins there just like you would in your checking account with dollars. So that's that's pretty mainstream. That's big man because I got banned.
You're banned? Not from that one but from another bank from using for using crypto.
Oh yeah we've done that. We've had that problem too like shopping for a bank to deal with crypto.
Everyone in crypto has dealt with it. Oh man. Because once you get to a certain level in crypto
they just ban you. Yeah. Just for saying you use crypto.
Yes. You know, it's like a big deal in the space, but that's clear now.
We're all good.
I got to hit up Chase then and see if they'll take me back.
Yeah, I think we might have just taken a wire from Chase.
So crypto, US dollars.
But if if someone sends our heads when the wire
and it says the word crypto and the receiving company, oh, yeah, yeah.
Then they're like, flag this thing.
That's why I got I did it.
Zell, you have some crypto and it got flagged.
Sucks. And I had millions in revenue through that bank.
Man. So we're so weird and like 10 plus years of relationship.
You know, it's crazy, dude.
We're like back in the late 90s.
It's like back to the future remember
Well, you were actually probably even more. I didn't watch that movie a little no, it's like real life
Yeah, it was born 97. Yeah. So what the deal is is back then everybody said that the internet was a scam
Oh, it's used for nefarious crap all that and I remember speaking Las Vegas at Comdex about the Internet's the next thing
Everyone's gonna be buying everything there. And now everybody is right.
So imagine you had got involved with some of the stocks on the
Internet, Amazon, Facebook, when it was like 2008, some of the
stuff early years when everyone was said, you know, it's kind of
scammy, but that's where we are with crypto right now.
So, you know, everyone's like, well, if I had only, but you're
sitting in the, what if I had only right now. So, you know, everyone's like, well, if I had only, but you're sitting in the
what if I had only right now. So it would imagine getting an Nvidia or Microsoft or Amazon when
they were new. And that same similar opportunity chains with Ethereum, Solana, Bitcoin, Bitcoin,
it's like Bitcoin is kind of huge. So it's like after stock, right?
Bitcoin, you won't really get a 100X at this point.
Yeah, not, yeah, it's already risen a lot.
So at least timing wise,
depending when this podcast plays,
right now it's very beginning of 2025.
And you know, if our crystal balls were working,
we would see the bull run running through Q3, Q4.
When does the
halving end this year? Well halving already happened a little over a year ago and so usually after that
you start seeing Bitcoin starting to rise within the year so when we were just seeing that it
actually early ran but now there's a good chance you're going to see a lot of the other tokens
yeah take a massive lift. Do you think this will be the last bull run?
I don't think so.
And it may not follow the familiar four year cycles anymore because the four year
cycles were, you know, we're kind of like garage band, meaning that it was small.
It was kind of a bunch of nerds working with it.
But now with BlackRock again and Fidelity, and if the government starts buying it,
then it's just like everybody needs it.
It's kind of like on the iPhone first came out,
you know, it was like Apple, they're okay.
Yeah, I feel like those didn't take off right away, right?
No, they had to kind of get traction, right?
I think my first one was the six.
Yeah.
Which model was your first one?
Three.
Oh, so you were in earlier.
Three S or something.
Okay, yeah.
iPhone three, wow. That's the earliest I've heard. Good job. Three. Oh, so you were in early. S or something. Okay. Yeah. iPhone three. Wow. That's the earliest I've heard. Good
job. Yeah. Did you just like the tech behind it or?
Oh, that's just cool. You know, you get all your stuff in one
and it makes life easy.
I feel like they haven't made any major changes though.
It feels like the same thing. Huh?
It feels like it, right? Just a little bit. They upgrade the
camera a little bit, you know, little slight changes.
But now did you see this AI one actually? This AI update? Oh yeah yeah I'm playing with that. Dude,
it's interesting. I turned it off because it was a little invasive but I think it's interesting.
It's spying on you. I mean I would get a paragraph text message and it would summarize it for me
without me even wanting that. Yeah. I just woke up one day and it was on.
I just don't want it having access to my messages and stuff.
So I turned it off, but I thought it was interesting.
Oh, but man, then we better remove TikTok and DeepSeek, man.
You think so?
Oh, yeah.
Why?
You know, our long lost relatives in China are probably reading everything.
I never knew what to believe with that stuff, dude.
You know, I think though they can access a lot of that, but then again, our own government's probably
able to access all our stuff too.
Yeah.
So would you rather have Chinese governments knowing or your own?
Which one are you more scared of, I guess?
Well, our own government, because they'll probably, you know, do, they can do whatever
they want to do to you based on that here in China.
They don't care.
Maybe they're just measuring American patterns. If it's like Elon
Musk's iPhone or something or Jeff Bezos or the president's
iPhone. That's concerning.
True. I share the same philosophy. I'm more scared of
our government than China's buying on us.
Yeah, they just you know, they probably just want to be able to
see what a lot of executives here are doing. So Jensen Wong
and the stuff what's going on in in his, his iPhone, man,
like little news about AI and they kind of know the news before anyone knows the
news.
Oh, insider trading. Yeah. You know,
there's sites that you could just copy Congress's a stock trades.
It is there. And you make like 40, 50% a year.
Some of them, huh? Some of them. Yeah.
A lot of people copy Nancy Pelosi. She's not even the top one she was seven really yeah she's just the most famous because
she's an old lady there's other people higher than her but they're like
middle-aged men I guess so it's more plausible in people's eyes yeah but with
Nancy like what is she like 80 years old pretty old yeah she just had a fall and
stuff and she's still trading while she's in the hospital.
You know, like, come on. It's wild. I wonder if she has a crypto bag, huh?
I wouldn't be surprised.
She's got some good intel, you know.
She definitely will have one this time.
If they ban her from stock trading, she'll probably load up.
Yeah. You think that ban will actually happen?
It could happen.
But here's the interesting thing, again, being that the president owns so much crypto and
so many congress members, I don't think crypto will be held down too much from that.
I feel that.
Now, obviously, you're in the computer space too.
Did you see the Nvidia crash the other day?
Yes, because of DeepSeek.
Yeah, what do you think of that?
You know, China came out with an AI model.
They said they developed for $5.5 million only.
And it's more powerful than OpenAI, ChatGPT, and stuff.
But I believe they're lying.
And this is what I mean.
I believe they're actually doing one of two things.
One, they actually have super high-end GPUs
that weren't allowed to be exported to China,
but somehow they
got their hands, or they're using it by proxy. So they're just using cloud based servers
that are American servers to do that. And how they got their code is they probably trained
their model by interacting with open AI, right? Wow.
Chat GPT. That'd be crazy.
But the Chinese copy us on everything. Like if you come out with a phone, a car or anything, then they got something.
They're so good at that. Oh, man. Dude, Rolexes are so like, good. Like the fake ones are so good. Now you can't even tell. Yeah, I saw this one chick. She had this like, she's like this Hermes bag pro or something. And she's like, check out this bag. And look at this $50 one bought from China. And the buckles everything everything quality were like so hard to tell the difference.
I mean, that's how good they are. They're faking designer like so easily. They call
it one of one now because it literally is a replica. It's kind of scary. I mean, you
know, I still like Nvidia though, because look, even if they have a better model, they're
going to need chips to power it. Right. So it's like, they just made it more efficient.
Is there still a shortage? I remember when I bought my computer off you there's a massive shortage on chips right massive shortage on the
new 50 series just came out and blackwall right and nvidia's new uh ai servers and meta and amazon
and tesla they've all pre-ordered so much. So pretty much right now, as fast as Nvidia can pump out
those GPUs, they're gonna sell them.
But they're ordering that for the VR space mainly?
Primary, AI, AI processing.
Yeah, because that requires a lot, right?
A huge amount.
A lot of processing.
Yeah, and with crypto, we're not, back then the demand
was because people were mining with GPU, right?
But they're not.
Yeah, and you used to be a miner.
Yeah, in 2014, we built the biggest Bitcoin mining facility
in Utah.
Crazy.
So that was when Bitcoin was what, like a couple hundred
bucks?
Our mining cost was about 350, 350 of Bitcoin.
So it was really cheap.
Holy crap.
Imagine if you kept that running.
Oh, man.
Well, now the electricity, too expensive and all the havings. Yeah, people don't factor in the electricity cost, right? Unless you have free electricity.
Which some governments have. Yeah. I think, was it El Salvador? I know one place is doing it for free.
Some of them use like geothermal, right? So they have like heat that's trapped underground in the
hot water and, you know, natural ways to do it. But it'll be interesting to see how that shifts because
everyone's been moving away from this whole heavy duty mining thing to proof of stake,
which means it's different. It doesn't suck as much electricity.
Ethereum did that, right? Yeah, it was supposed to lower the fees and it didn't.
You're still stupid.
It's still the same. I was so excited when they did that. I thought the price would go up and then
There's so much money to be made though for young people.
We were just talking about before we started doing this
as all the meme coins and all the different things
like that, but you remember back in the NFT day,
we were like way into that back in the day.
And meme coins, people are getting meme coin fatigue.
Meaning right now, there's so many coming out. There's like
3.8 million tokens now and back in the day there was maybe you know a few hundred thousand.
Right. And so being it's so easy for people to go like to that Pumped Out Fund and just make their
own token. It's just going up and down but I think people are getting kind of sick of that.
And so I do I do see a lot of capital migrating actually out of memes into actual ecosystems, maybe into Solana
itself. Ripple things like that you might see more movement.
I think so too because too many people are losing their ass.
Do you remember when everyone got NFT fatigue? Yeah, it was
like bar. Yeah, that space crash man. I mean, there was a
metaverse fatigue too.
Do you still have your any apes?
I still have my mutant ape. Yeah, I have my mutant ape too dude. I never sold a single metaverse fatigue too. Do you still have any apes? I still have my mutant ape.
Yeah, I have my mutant ape too dude.
I never sold a single NFT to be honest.
Yeah, just keep them huh?
I just was buying them to network with communities
cause each NFT had a good community
of thousands of people that were like,
if you bought the right NFT they were high level people.
So I just used it NFTs as networking.
That's kind of the same thing too.
I still have my mutant too.
Yeah. I don't know what they're at now, but.
Kind of like 2.3 Ethereum.
That's not bad compared to most projects.
Yeah.
Everyone, everything else other than that and penguins crashed.
It's crazy.
Yeah. What a wild time. NFTs.
It's crazy.
Yeah. But like you say, if you're like on the internet every day,
you have these opportunities. Some people made a killing with NFTs people really need to dig into
Crypto right now because it's gonna go mainstream, but it hasn't actually gone super mainstream
If you take the average you take the whole US population
Still a very small amount of people actually own a decent amount of crypto
It's still like so small all of crypto right now as of today is what about three and a half trillion?
Well, Nvidia is three and a half trillion. So all of crypto is like the size of one privately held
private company. I mean, it is like the early stages still. That's true. So people that aren't
getting involved, I think they're crazy. Yeah. Well, Nvidia is number one now though, right? For stocks.
Nvidia.
It switches. Well, they got their butts kicked for, you know, 17% in a day from DeepSeek.
And I think Microsoft's. But it switches, right?
Yeah. Either way, the fact that they blew up from three years ago.
Oh, yeah. Insane.
If you got into Nvidia, you're up a lot.
It's crazy.
Yeah.
10 grand, I think invested in 2019.
I was talking on another podcast in 19 about it.
About a few weeks ago for their little 15% adjustment would be worth over $400,000.
Holy crap.
That's crazy.
You know how people freak out when crypto drops?
Like they freak out, right?
Yeah.
I don't know if people know this,
but Amazon and Apple in the year 2000 within the year dropped over 70%.
Wow. That's high for a stock, especially a public stock like that.
Yeah. But remember back when the internet was earlier, people thought it was kind
of, you know, you know, so for sure, just like they feel about crypto right now.
So it's like.
Yeah, I remember meta after the metaverse flop
kind of tanked, right?
Yeah, and then it really ran up, right?
Yeah, what caused it to run up again?
Well, they're making money from ads, right?
So.
It's hard to bet against Doc, dude.
And now he's making the right move,
sucking up to Trump, I think.
He's getting all buff now, he's got a chain on.
Whoever did his rebrand, they need to be paid more
because he did well with that.
And getting on Joe Rogan, smart dude.
Yeah, getting on Rogan, being more personable.
He was like a robot before, like five years ago.
Like a lizard, a lizard robot.
There are theories of that.
Do you believe in diversification?
I do.
Within crypto or all things?
No, just like investing in
general. Yeah, I think we've talked about this for years, right? For over seven years. I'm like,
hey, when we make a lot of money during bull runs, I've always said to you, man, like sell some of
that and move to some boring cash flowing assets like in real estate. Yeah. And real estate is
super exciting. But when you get really old, it's nice to have a bunch of it. And you just get your wire every month and you got your property management company
taking care of it. And, you know, they're not making a whole bunch more land.
And, you know, real estate is well, as long as humans are here,
we're going to kind of need it. Right. Yeah.
That's something I've learned.
That's a different business of life, just like because I'm good at making money,
but keeping it and investing in and growing it.
That's a whole nother business.
Real estate is great.
Equities, the stocks, obviously things like that.
You know, still just about every month, this sounds crazy.
I go to the coin store and I buy one ounce of gold.
Really?
Yeah.
One ounce of gold.
I got some gold too.
People thought this was crazy, but when I first started buying gold in the year 2000, it was
$325 an ounce.
And now it's what, like $26.70? Really?70 really yeah so 8x and what year did you buy it I
started in 2020 wait so that's 5x there's something pretty good yeah holy
crap but inflation's been really crappy too so sure if you put that in it's
probably even man yeah but real estate I'm liking more and more. When I was younger, I was like, this
is too slow for me. Yeah. But now that I want to have kids and
stuff, I want something a little more safe, steady.
Yeah. And then when you have your cash flow from real estate,
you can take some of that and invest it in speculative stuff
like crypto. Crypto is super risky, right? But you know, if
you have good cash flow that you can sleep good. And remember, we talked about
emotions being the biggest problem people have a stocks or
crypto or anything. Yeah. If you have that constant cash flow,
you have a lot less emotional swing.
Facts, because then you're not relying on that, right? Yeah.
Because that's where people over leverage their portfolios, I
think.
Yeah, they used to get too greedy too fast. And but here's
the thing, think about this. If you bought Bitcoin or if you bought Apple stock or if you bought a piece of real estate,
even if you didn't buy the ultimate low and you were five years patient,
usually you did okay.
And so the five years patient rule I like to apply to most assets.
That's a good rule.
Same thing with the business.
Like some people are like, I'm not making money my first year.
It's like, dude, give it like, give it some time.
Yeah, two, three years at least, right?
Oh yeah.
Because a lot of times you're losing money hard
in the beginning.
Oh yeah, I was.
I'm sure you are with Zydax, right?
Oh yeah, anything in the beginning, losing hard.
And even when things get good and they build momentum,
you have those years where there's a crash
in the market or whatever,
and you lose money for a couple of years. And's long term, but it's still long term.
Are you still pretty optimistic about the PC gaming space? Is that still doing well?
I think gaming is taking an interesting new, like big surge now.
Maybe when Grand Theft Auto 6 comes out one day.
But whenever there's a big refresh in video cards,
we just did this new 50 series from Nvidia,
big demand cycle.
But with computers though, you have AI,
which is just massive and you need good computing power.
And most jobs going forward,
a lot of jobs now are just content creation.
Like you creating content or people editing it and you need computers to
Content create and entertain. I need a lot of storage these days, dude. Holy crap. We got 1400 episodes
Oh, gee 1080p. Some of them are in 4k
So it's a lot of store will get you like three or four 22 terabyte drives. That's what I need, man
Yeah, dude. I got AI companies offering soup and for that those episodes. Really? Yeah. That's awesome. Yeah but I'm not gonna do
it. No. I don't want to be cloned yet. It's so tempting though like when I see
the money. Oh they want to buy your face? No they want to buy all the data so they
could train their own AI models because there's gonna be AI podcasts in the
future. Yes I thought they wanted to buy your face so they could AI you into digital clone. Digital twin. Yeah, I've done that. It's not fully there yet.
But I could see that being a big business. Is the mouth out of sync and kind of like a little bit.
Yeah. Serious. But that's an interesting business model to clone yourself and then
charge people to talk to you or whatever. That's actually pretty good, especially if you're getting
old. You start you see a lot of these actors and actresses getting old and you know, that's what I'm saying
Like if I pass away I could like license that to my kids and they could sell it
I could keep the money like that's interesting. Right? Yeah, that would be talk about legacy
They could even like can't they license like Michael Jackson and Elvis and all that. Yeah
There's there's a states that have their rights and they probably licensed it out by now I assume to AI companies
That's pretty crazy.
I wouldn't be surprised. You'll probably see them in movies in the future.
Yeah.
You know?
Movies are, actors are going towards AI.
Absolutely.
So not just the writing part, the actors.
Wow.
Isn't that nuts?
That's crazy.
Because that's the most expensive part of a movie.
Yeah.
That is true.
So you're just going to see someone's face, but it won't be done.
That's crazy, huh?
Yeah, it's nuts.
The future is going to be interesting.
Are you going to get a humanoid robot in your house?
An Optimus?
Yeah, I'm probably pre-ordering, you know, but I'm still waiting for my Tesla Roadster.
It's been five, more than five years.
So I think Elon needs to get that thing out.
And did you put a deposit on that?
It was a referral program.
So if you send a bunch of people they gave you
a super discount in a reserve spot okay so they put out the
Cybertruck before that yeah that's interesting I love it
though I bought one did you get a Cybertruck yet I have a three
I am no longer going to be driving electric though really
yeah are you worried about the electrical yeah have you done
any research on that?
Yeah, I heard a lot of it's when you're sitting,
if you sit in there while it's charging,
you're cooking yourself like three hours.
That's the worst, yeah.
But have you taken your Tesla on a super long drive before?
Usually just around the city.
I don't go with stuff.
So you'll be fine.
I take the gas there for long drive.
Yeah, you'll be fine.
Drive to Vegas, take the Jeep.
The problem is when you're in there all day type stuff
and charging your phone and charging your car
and there's videos of
EMF meters being held up to it.
Oh man.
Fries you.
You don't want to do that.
That's like watching your burrito cook in the microwave.
Yeah, I got rid of my microwave too.
You could get extreme with this stuff, dude.
Are you extreme now?
I'm borderline.
Are you living on air and almonds?
No, there's Brian Johnson levels of extreme.
I never want to be there, but like he sleeps at the same time every day and
You could live like a robot, but I don't want to be there ever. Yeah, I want to still have fun
Yeah, I have some fun, but I want to be healthy too. So I'm like little extreme. I'd say what about you?
Yeah, same thing, you know been trying to eat grass finished meats, right? Yeah, some people would say that's extreme
Yeah
And you know grab a lot of grass finished meats still eat some veggies and stuff.
Try not to eat sugars too much, right?
And try to move around at least 30 minutes a day.
Yeah. I mean, yeah, some people would say that's extreme.
Some people would say just being an entrepreneur, you know, our lifestyle is extreme.
Some people would say being in crypto is extreme.
And check this out. I got this shirt 2014 and it shows that God gave us maybe Bitcoin.
That's so cool dude. Do you have any theories on who invented Bitcoin?
Aliens. No. It's really tough to say you know with that. Probably some just coding
nerd guy you know. A lot of people think the government invented it. I've seen
that one. It's hard to say. I have heard allegedly that a government
has a large wallet, like underground wallet.
Really?
Yeah.
They just have a huge bag?
Huge bag.
They're even gonna have a huger bag.
I mean, yeah, that's just the public one,
but I'm saying I heard they have some huge bags
behind the scenes.
Oh, yeah.
I mean, look at how the government is spending.
Maybe the Satoshi bag.
Yeah, could be.
I have heard a theory of one of, there was three founders, one of them's dead, two of them are still alive. So who knows?
It's hard. I wonder if it'll ever be revealed. Maybe, maybe, maybe Trump will reveal. Imagine if
he started it. That and or maybe Elon, you know. Yeah, I wonder if Elon's uh he has Doge right?
Yeah. Is he begging other coins you think? He hasn, right? Yeah. Is he big in other coins, you think?
He hasn't talked too much about what he owns.
He loves to talk about Doge.
But he did, what was it?
Something Maximus, Gluteus Maximus or some weird,
he changed his name to that on X
and some random crap coin just freaking ran.
And it was, cause they had the same name,
which was kind of funny.
They're doing that with Trump speeches now.
If he says a certain word or if something's
in the background, they'll launch a coin.
It's straight D gen stuff.
But that was just like NFTs.
Remember they'd NFT everything?
Yeah.
Like pictures of actors like.
Yeah.
It's crazy.
I still got my McLaren NFT.
I still got mine too.
It's probably at 0.01.
I just did that as a, a networking thing. Yeah. Yeah. I have a lot of weird things I bought and it's all fun. It's like collectibles though.
Yeah. It's all fun. I got like 600 Funko Pops. Oh, I have some of those. I still have your
dinosaurs. Chibis. Yeah. Yeah. I'm gonna start collecting ancient coins too. Physical. Physical. Ancient coins.
There's a coin shop here in Utah called All About Coins.
And they have crazy ancient coins. In fact,
they had a cross that you open up and inside where the
ashes of some saint. What? Yeah, dude. Well, yeah.
And you go there there I bought a signed
authenticated Brigham Young which is a Mormon leader guy thing there a photo in
a frame for a friend but they've got like Mormon money from the original
pioneers. We're talking like 300,000 a coin. Dude. You just go look at it you guys got
them there. That's historic. I definitely want to stop. Is that in Salt Lake?
Yeah.
All about coins are going to love me.
I love history, dude.
Oh yeah.
I got George Washington's hair in my office.
Really?
Yeah.
I got old books.
Go to all about coins.
You're going to find the weirdest, you know, I think sometimes you'll even find like a
shrunken head, like a human skull.
That's wild.
Yeah.
I got some old Roman coins. Shout out to Kinzer coins.
He's given me some cool stuff.
Crazy stuff.
Yeah, yeah, that stuff.
When you hold it, it just feels special, you know?
It is special.
Yeah.
Well, dude, it's been cool.
Where can people buy a computer off you,
keep up with you and get crypto?
So, zidex, X-I-D-A-X.com, you wanna buy stuff.
But if you just go to Dan's Millionaire Code on Instagram, I love that compared to any other platform
Dan's millionaire code and I answer all my messages. You got crazy questions. I got a Q a month, but oh, yeah
I'm here to help cool. We'll link your stuff below. Thanks for coming on brother. Thanks, man. Peace guys