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Welcome, everyone, to episode seven of the Blockchain

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Bay podcast. Today, I'm with Brad from Deepin

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Connection, and we are going to be talking about

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the Deepin sector and what it means for the future

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of crypto. Thanks, Chris. Happy to be on, man.

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I'm glad we could connect on this. Yeah, definitely.

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So I guess we could just kick it off. I want

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to know a little bit more about you and crypto.

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How did you get into crypto and the Deepin sector?

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And we can go from there. Yeah, so a little bit

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about my background. So I'm from St. Louis. I

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live in Chicago now. My background is I have

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a degree in finance and I've been in the solar

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industry for like 15 years. So I'm currently

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managing 10 state territory. I do a lot of, it's

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more consulting role, I'd say. Like I work with

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business owners on pricing strategy, marketing

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strategy, making sure they have operations hired

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up. And the main thing I do is sales trainings.

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So I do a lot of sales trainings and national

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trainings and spend some time in New York, DC.

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I also worked in the drone service space, which

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is kind of interesting. We were doing like thermal

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inspections on utility scale solar and doing

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rooftop measurements with what's called photogrammetry.

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So taking like, you know, hundreds of thousands

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of pictures and stitching them together into

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a 3D model and then taking that 3D point cloud

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and basically creating CAD files. So I'd say

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like what I'm doing in the crypto space right

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now is kind of a combination of different aspects

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of all those things in my background. But as

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far as how I got into crypto, I remember it distinctly

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because there are several opportunities where

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I wish I'd gotten in a little sooner. I knew

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a guy back right after college that I think it

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was like 2011. And he was telling us all about

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Bitcoin. We thought he was crazy. I wish I'd

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listened to him because I'd probably be like

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on an island somewhere right now. Yeah, man.

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And then, you know, again, I know you've been

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in since what you said, 2017, right? Yeah. Yeah.

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So I had a buddy I was sitting at the bar and

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he's like, Hey, it's like 2017. And he's like,

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Hey man, Bitcoin is going to a million dollars

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one day. I'm like, I was like, okay, like whatever,

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you know? And I was closed minded, you know,

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but over time I was like, all right, there's

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a lot of smart people coming into this space

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and there's obviously something there. So it

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was, I guess it was the end of 2020. I was back

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visiting family in St. Louis and I got COVID,

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man. I was sitting in a separate Airbnb because

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I didn't want to get anybody exposed. But yeah,

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I got COVID and that was in the early days of

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COVID. So I was like, all right, I'm going to

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take myself back to Chicago. And that was a rough

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drive. But I remember getting back and I'm sitting

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there and I'm like, man, we've been kind of holed

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up for a whole year at this point. And I'm not

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going to be able to do anything for the next

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two weeks. It's like a 14 day quarantine. And

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I was thinking like, when am I going to be in

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this position again, where I don't have to choose

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between going out and socializing versus staying

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home. And I'm like, you know, if all I had to

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show for this time is like a really bad -ass

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animal crossings Island, I'm going to have some

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really serious regrets. So I was like, all right,

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I'm gonna, I went on Udemy and took a couple

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of blockchain courses. And man, light bulb went

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off. So ever since then, I just spend hours every

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day researching the space for the last few years.

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And once I get dialed in on something, I really

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hone in on it. And yeah, it's such a cool space.

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And that's really where I came across D -Pen

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because I found helium. And I think you have

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a similar story about how you got into D -Pen

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space too, right? Yeah, it's pretty much helium.

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I don't even know. I think. Oh, yeah. So I started

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off watching Bitsby Trippin and Red Panda Mining

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and Voscoin. Those are like the main things when

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I first found out about crypto. I was like, how

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do I get into this? Because people can mine it.

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So I saw Voscoin's videos on how he was GPU mining

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and this was 2017. So I was like, all right,

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let's see what I can do. i found two 1070 i think

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they're just 1070 ti founder editions or something

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at a local best buy and i bought them i think

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it was 400 total uh or 400 each for them so my

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dad loaned me the money because at the time i

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was 17 i didn't have 800 to just drop i started

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mining all these random coins bitcoin z cash

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whatever it was and then uh i i kind of just

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let it go for a couple years and then i got back

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in the space like 2021. And I saw all the Bitcoin

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I mined is like, what? It's worth how much now?

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And I mined Zcash and I mined a whole Zcash and

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I was so happy about it. I was like, let's see

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how much it's worth. And I still have it. It's

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worth like $30. It's like the biggest disappointment

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I've ever had. But I was able to actually, as

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soon as I bought those GPUs, that was like the

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last you were able to buy them. Like they were

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sold out forever. And then when this most recent

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bull run came. I still had them laying around,

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just not doing anything. I was able to sell them

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for a profit four years later from what I paid

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for them. I went back on my buddy Voscoin's YouTube

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channel and I saw him posting this project called

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Helium. I was like, what's this? And that was

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pretty much the light bulb that went off for

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me as well. And I just started looking at it.

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I bought like with all the money that I made

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from GPU mining previously, I bought a whole

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bunch of GPUs and I was mining GPUs for a while.

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and then i used all those funds to buy some helium

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miners and then that's kind of when my youtube

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channel picked up is because i started meeting

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making content on the helium miners and then

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uh it just kind of exploded from there people

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reach out to me i joined discords and then they

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were like hey you should inform people not to

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buy the never miner or the synchro bit so then

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i made videos on them and attract even more people

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and now i just have kind of this It's this small

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following of people from Helium that have just

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kind of led me along a good path and introduced

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me to new projects. That's how I found out about

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Highmapper and Demo and all these other deep

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ends. So it's kind of a lot of the community's

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thanks for why I've gone down this path is because

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I see there's it seems like the GPU area is kind

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of saturated with a lot of YouTubers. And I feel

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like it'd be a lot easier for me to go down.

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and show them a new way in crypto and this is

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an emerging space and i feel like that's kind

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of why you're in this space too you want to educate

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people on this this new area for sure man i wish

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i had seen your videos on never because i got

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burned by that so like that was so frustrating

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but similar though similar for me because like

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so you know deep in for those that don't know

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you know decentralized physical infrastructure

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networks i think it's a The reason why it caught

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my eye is because, well, there's a number of

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reasons. For one, I think it can fix this whole

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issue with a lot of stuff in the crypto space

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where there's this revenue issue, right? Like

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a lot of this stuff is speculative because we're

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so early on in everything. Like a lot of it's

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the infrastructure of like the layer ones and

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then it was the layer twos. And, you know, now

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you have the ZK rollups and all that. So like

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a lot of it's the infrastructure kind of being

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built out. Whereas with Deepin, you know, whether

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it's building out infrastructure like Helium

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did, right? Or you've got like, you know, render,

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like decentralized cloud computing or file coins,

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decentralized cloud storage. And now with this

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new sensor category, like data collection, you're

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seeing actual revenue coming into these projects.

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And, you know, I think that gives you a lot more

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legitimacy. But secondly, I'd say. these concepts

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make sense to the average person because if you're

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out there, you're talking about, as soon as you

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mentioned the word blockchain to the average

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person, like their brain shuts off, you know,

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and they're like, that's way above my head, you

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know? But if you're like, you know what I mean?

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Like if you're, but if you're like, Oh, like

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you put this dash cam in your windshield to collect

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street level imagery, to create like a fresher

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map than what Google has and you get rewarded

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for it. It's like, Oh, that makes sense. Right.

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And you know, from that, from that perspective,

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like globally, right. There's, I think it's 5

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% of people have crypto assets. Now, obviously,

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in the US and Europe, that percentage is definitely

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higher. But looking at it from a global perspective,

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if you can bring non -crypto people into your

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project, you're increasing your target audience

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by like 20x. And so I think that Deepin can bring

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new people into the space. It can solve that

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revenue issue that we've seen with other parts

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of crypto because we're still very early in this

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technology. And the other part of this is that

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Helium showed the ability to scale. And you can

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really ramp up participation in ways that we've

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never seen before. Like the fact that we went

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from like 15 ,000 hotspots to a million hotspots

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in 18 months in the midst of supply constraints.

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Yeah. Um, is, is truly impressive. So, uh, that's,

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that's why I really started like dialing in on

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this space, man. And, um, helium, obviously they

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didn't do everything perfectly. Right. Cause

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they were kind of like making the playbook, but,

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um, I have to say like overall, I know they caught

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a lot of flack, but shoot, I, you know, I think

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it overall was a really large success. Um, and

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you know, and there's still, they've made it

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through a bear market. Right. and faced a lot

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of adversity i mean you're you're there for it

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between you mentioned nebra and synchro bit right

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um they had forbes like bashed them in an article

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um they were also tied to the sandbankman free

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thing where alameda had invested money in them

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um you know so and then also like discord got

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a little toxic there for a while so yeah um to

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overcome all of that and it's looking like they're

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gonna have like a major you know come back in

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this market cycle like um i think helium really

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has led the way and you know segued a lot of

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people like you and me and other people in the

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space into these these other projects you know

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yeah absolutely i mean i have helium mobile on

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my phone right now and i've been earning every

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day like two dollars and fifty cents on it's

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february 2nd the day of this recording and then

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i have my indoor hot spot that i connect my phone

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to and it's just i earn but i think something

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that you pointed out is like they proved that

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they could scale i also think coming into the

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next bull run whenever it does approach i think

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the pins have solved a very big issue that the

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outside world sees as an issue with crypto and

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that's energy because with all the crypto mining

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traditionally in the past has been with huge

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power bills with all these asics and gpu massive

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farms all over the country and the globe this

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was like one of the main things and that's why

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ethereum went to proof of stake because they

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wanted to reduce the amount of energy they were

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causing i think deepen is like 100 the future

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for crypto uh as far as the energy crisis like

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this is the answer for sure yeah and i mean to

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that end it does it does solve a lot of problems

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right if you're looking at like decentralized

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cloud storage like render is a great example

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nasana built on uh solana has gone on quite a

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run um you know they solve real world issues

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um because you know if you look at the tsmc you

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know manufacture the high -end microchips that

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are necessary and basically everyone in the world

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goes through you know tsmc out of taiwan um you

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know you have apple you have google you have

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microsoft the freaking us government like pretty

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much everybody goes through tsmc but there's

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this shortage of you know these these high -end

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microchips right now So what Render and Nosana

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are doing are allowing people to take idle GPUs

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that are no longer being used and think about

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Ethereum miners, for example, that have all these

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GPUs and leverage those in new ways to open up

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more bandwidth. Because with AI, for example,

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there's a huge need for computational power.

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And so I think that's just really one example

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of where Deepin is really huge. um we talked

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about helium what i'm curious what are the projects

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are you uh bullish on right now in the deep end

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space high mapper definitely but there's been

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some things that have been brought up to my attention

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that have kind of uh lead me to believe some

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other things with high mapper but also i think

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it's just people trying to spread fud same thing

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i saw with helium a bunch of people trying to

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spread fud as soon as the price went up a little

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bit and i think it's because they were a little

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upset that they sold all their helium when it

00:13:08.049 --> 00:13:11.710
went to like a dollar um so there's there's high

00:13:11.710 --> 00:13:15.690
mapper uh geonet weather xm pi phi is one that

00:13:15.690 --> 00:13:18.370
uh it's a group of guys that i actually know

00:13:18.370 --> 00:13:21.529
uh i could i could go on my discord i have like

00:13:21.529 --> 00:13:25.850
a separated folder of them crank is huge as well

00:13:25.850 --> 00:13:28.289
i've been covering crank for a good time uh things

00:13:28.289 --> 00:13:33.169
i x i'm sure i'm missing some of them are you

00:13:33.169 --> 00:13:38.580
just demo demo demo yeah so i am supposed to

00:13:38.580 --> 00:13:41.740
get a demo device in the next couple of weeks

00:13:41.740 --> 00:13:45.139
i reached out to them i had one in the very beginning

00:13:45.139 --> 00:13:48.279
i was i think like one of the first two or three

00:13:48.279 --> 00:13:50.299
people that covered demo when they first came

00:13:50.299 --> 00:13:53.740
into the space and you can like look at my discord

00:13:53.740 --> 00:13:56.539
i'm like see the date that i joined it was like

00:13:56.539 --> 00:13:59.769
right when their discord went live but I got

00:13:59.769 --> 00:14:01.690
one of them and then I ended up selling it because

00:14:01.690 --> 00:14:04.210
it wasn't compatible with my vehicle at the time.

00:14:04.350 --> 00:14:08.070
And it was $300, I think. And I needed it for

00:14:08.070 --> 00:14:11.610
textbooks. So I sold it and bought the textbooks.

00:14:11.850 --> 00:14:13.909
And I wish I didn't buy the textbooks because

00:14:13.909 --> 00:14:16.970
they rewarded the founder people for buying demos

00:14:16.970 --> 00:14:21.049
with a huge airdrop that it's worth like $4 ,500

00:14:21.049 --> 00:14:25.259
now. i didn't get forty five hundred dollars

00:14:25.259 --> 00:14:28.539
worth of textbooks or education out of that three

00:14:28.539 --> 00:14:32.559
hundred dollars so it's it's a bitter uh i was

00:14:32.559 --> 00:14:34.220
a little bitter with demo for a while but it

00:14:34.220 --> 00:14:35.820
has nothing to do with the company i think their

00:14:35.820 --> 00:14:39.799
their whole game plan as as a total is just like

00:14:39.799 --> 00:14:43.399
it's really good uh but now i feel like i mean

00:14:43.399 --> 00:14:46.559
we can we can go back and forth on this but in

00:14:46.559 --> 00:14:49.500
terms of like picking the right block chain it

00:14:49.500 --> 00:14:54.200
seems like d pins are on either Polygon or Solana.

00:14:54.539 --> 00:14:56.580
And I don't know which one's going to be the

00:14:56.580 --> 00:14:59.019
right one going forward or if just both of them

00:14:59.019 --> 00:15:02.779
are going to be what's... Yeah, I don't know

00:15:02.779 --> 00:15:05.259
that it really... I mean, I don't know. People

00:15:05.259 --> 00:15:07.200
are building a Solana. I think a lot of the projects

00:15:07.200 --> 00:15:10.320
on Solana after Breakpoint saw a lot of positive

00:15:10.320 --> 00:15:15.019
price action. But, you know, Polygon has massive

00:15:15.019 --> 00:15:17.769
adoption too from a lot of large... entities

00:15:17.769 --> 00:15:19.970
i mean i think like starbucks and like coca -cola

00:15:19.970 --> 00:15:23.210
i'm pretty sure using it like so and people are

00:15:23.210 --> 00:15:25.850
sleeping on polygon i so i don't know that there's

00:15:25.850 --> 00:15:28.529
actually like a bad move but and i don't there

00:15:28.529 --> 00:15:30.570
might be some like cross -chain compatibility

00:15:30.570 --> 00:15:33.529
coming because i know one of their founders sent

00:15:33.529 --> 00:15:36.429
out a tweet uh that had like a demo token on

00:15:36.429 --> 00:15:40.549
solana so i don't i don't know um but either

00:15:40.549 --> 00:15:42.669
way i don't know that it really matters so much

00:15:42.669 --> 00:15:45.870
because you can always change blockchains if

00:15:45.870 --> 00:15:48.129
you need to i think it's more so with these projects

00:15:48.129 --> 00:15:51.929
like okay are you driving participation are you

00:15:51.929 --> 00:15:54.470
executing the drive revenue on the back end like

00:15:54.470 --> 00:15:56.269
are the developers pushing the project forward

00:15:56.269 --> 00:15:59.090
um and then you know digging into the tokenomics

00:15:59.090 --> 00:16:02.789
does matter uh with these projects and yeah you

00:16:02.789 --> 00:16:04.210
know that's something that like i'm seeing more

00:16:04.210 --> 00:16:05.909
and more about high mapper i do want to address

00:16:05.909 --> 00:16:08.950
in this video because um i think it is necessary

00:16:08.950 --> 00:16:13.159
but all in all though i mean Yeah. And I'm in

00:16:13.159 --> 00:16:15.639
similar projects, by the way. So like I'm, I

00:16:15.639 --> 00:16:20.039
have currently 55 high mapper units out on the

00:16:20.039 --> 00:16:25.000
road today. I have another 145 ordered, which

00:16:25.000 --> 00:16:27.000
is something I want to bring up on this video

00:16:27.000 --> 00:16:29.919
too, about the future state of high mapper and

00:16:29.919 --> 00:16:32.379
where I see this going. Those orders might be

00:16:32.379 --> 00:16:36.080
shifting. I don't know. And then, you know, demo,

00:16:36.159 --> 00:16:38.620
I have, I'm up to like 170 vehicles in my demo

00:16:38.620 --> 00:16:44.399
fleet. And I'm adding to that as well. And let's

00:16:44.399 --> 00:16:47.399
see, GeoNet, I haven't deployed any units I have

00:16:47.399 --> 00:16:51.700
plans to. I do have money invested in their token

00:16:51.700 --> 00:16:54.740
for sure. Not financial advice, by the way, nothing

00:16:54.740 --> 00:16:58.200
in this video is financial advice. And I do own

00:16:58.200 --> 00:16:59.860
a fair amount of Nasana. I actually put a video

00:16:59.860 --> 00:17:03.240
out on Nasana at like two cents. I don't think

00:17:03.240 --> 00:17:06.119
I've heard of them. No sauna. So they're a decentralized

00:17:06.119 --> 00:17:09.640
cloud computing protocol, a little bit like render.

00:17:10.519 --> 00:17:13.160
But that one went, I would put it out of video

00:17:13.160 --> 00:17:15.119
at like two cents and it's up to like, I want

00:17:15.119 --> 00:17:16.700
to say like a dollar 40. And that was like three

00:17:16.700 --> 00:17:19.940
months ago. It's wow. Yeah. Yeah. It was like

00:17:19.940 --> 00:17:23.180
a 2 million market cap when I, when I first started

00:17:23.180 --> 00:17:25.940
pushing that out, I, they've got highlighted

00:17:25.940 --> 00:17:27.720
some on a break point. I'm like, man, this is,

00:17:27.720 --> 00:17:33.000
you know, this is so obvious. But there's another

00:17:33.000 --> 00:17:34.880
one actually, Teleport. I don't know if you heard

00:17:34.880 --> 00:17:36.980
of Teleport. So I'm talking to their team a little

00:17:36.980 --> 00:17:40.119
bit, but they're launching a decentralized rideshare

00:17:40.119 --> 00:17:45.640
application. Oh my gosh. Yeah. Sorry, go ahead.

00:17:45.839 --> 00:17:48.880
I was just talking about this in my accounting

00:17:48.880 --> 00:17:51.519
class the other day. I was like, it would be

00:17:51.519 --> 00:17:54.220
perfect. I was thinking if there was a decentralized

00:17:54.220 --> 00:17:57.319
rideshare application, because I mean, like,

00:17:57.359 --> 00:17:59.099
come on. It's just like right there in front

00:17:59.099 --> 00:18:02.289
of your face. That's exactly what we need. It's

00:18:02.289 --> 00:18:04.569
just one more thing to pull people into the space.

00:18:05.609 --> 00:18:09.009
Absolutely. I actually had a meeting with their

00:18:09.009 --> 00:18:12.609
CEO last week because they saw my Uber and Lyft

00:18:12.609 --> 00:18:14.910
recruitment video on my channel and they reached

00:18:14.910 --> 00:18:18.670
out. And so we've had some discussions. They're

00:18:18.670 --> 00:18:21.049
getting close to launching their first cities,

00:18:21.210 --> 00:18:26.190
but it's the perfect time because I can tell

00:18:26.190 --> 00:18:29.329
you, Uber and Lyft, their fares have gone up.

00:18:29.849 --> 00:18:31.589
They've doubled, actually, essentially, over

00:18:31.589 --> 00:18:36.170
the last five years. Drivers are making the same,

00:18:36.269 --> 00:18:39.150
in many cases, less than they were making. Uber

00:18:39.150 --> 00:18:40.990
and Lyft, they've become so top -heavy because

00:18:40.990 --> 00:18:42.509
they're trying to move into all these other sectors,

00:18:42.609 --> 00:18:45.950
too, like food delivery and grocery delivery.

00:18:48.490 --> 00:18:50.829
The whole idea, the whole concept is cutting

00:18:50.829 --> 00:18:54.269
out all that high overhead so that you can come

00:18:54.269 --> 00:18:55.990
to market with a better price for consumers.

00:18:57.109 --> 00:19:00.009
uh better you know pay to drivers and i think

00:19:00.009 --> 00:19:02.730
there's a huge market there you know so someone's

00:19:02.730 --> 00:19:05.390
gonna do it and i was like man this group they

00:19:05.390 --> 00:19:08.130
also got um i think like 10 and a half 11 million

00:19:08.130 --> 00:19:12.329
dollar investment like a year ago so um i'm super

00:19:12.329 --> 00:19:14.490
excited about seeing where they go with that

00:19:14.490 --> 00:19:16.690
and i'm gonna try to work closely with them and

00:19:16.690 --> 00:19:20.269
see where it goes um and let's see so i talked

00:19:20.269 --> 00:19:23.089
about geonet demo high mapper obviously helium

00:19:23.089 --> 00:19:26.210
i still like 60 rooftop installs on the iot side

00:19:28.139 --> 00:19:34.000
One other thing, I forget the name of the company

00:19:34.000 --> 00:19:36.279
you just mentioned, but SwordChain, I don't know

00:19:36.279 --> 00:19:38.160
if you've heard of them and their modus. It's

00:19:38.160 --> 00:19:40.940
kind of like DMO plugs in. I saw on their website,

00:19:40.960 --> 00:19:44.640
they had plans to possibly be similar to a ride

00:19:44.640 --> 00:19:48.759
sharing app. So there could be competitors coming

00:19:48.759 --> 00:19:50.980
up at the same time there, but that doesn't seem

00:19:50.980 --> 00:19:53.920
like it's on there. It's just like on their to

00:19:53.920 --> 00:19:58.240
-do list. There's no plans yet. Yeah, I, so that's

00:19:58.240 --> 00:20:00.440
what, so, you know, we're, and I worked in the

00:20:00.440 --> 00:20:02.359
startup space at this drone company. It's like

00:20:02.359 --> 00:20:05.740
at a certain point, you know, when you're like

00:20:05.740 --> 00:20:07.640
Demo, for example, is another example of this,

00:20:07.680 --> 00:20:11.700
like you kind of need to focus on certain things.

00:20:11.740 --> 00:20:13.160
Like there's a lot of ways that they can, these

00:20:13.160 --> 00:20:16.279
projects can take, you know, different, different

00:20:16.279 --> 00:20:19.359
verticals, if you will. But if you spread yourself

00:20:19.359 --> 00:20:22.359
out too thin and you don't really focus on being

00:20:22.359 --> 00:20:24.519
really good at a few things, like you can really.

00:20:25.150 --> 00:20:28.250
you can actually hurt yourself. So, uh, I haven't,

00:20:28.250 --> 00:20:29.710
you know, I haven't looked at the motives too

00:20:29.710 --> 00:20:32.109
much. Um, I don't know how their network connectivity

00:20:32.109 --> 00:20:35.329
works. Um, it's through like an IOT network or

00:20:35.329 --> 00:20:37.170
if they have cell connectivity built in, but,

00:20:37.170 --> 00:20:41.190
um, you know, demo right now they have the autopilot

00:20:41.190 --> 00:20:43.589
with cell connectivity built in. They have the

00:20:43.589 --> 00:20:46.589
macaron, which connects the helium network. And

00:20:46.589 --> 00:20:49.069
I think they do, they probably are working on

00:20:49.069 --> 00:20:51.390
some additional options, uh, because they're,

00:20:51.390 --> 00:20:53.029
they're the same thing. They're backordered like

00:20:53.029 --> 00:20:57.390
crazy right now too. Um, So but yeah, man, I

00:20:57.390 --> 00:20:59.569
mean, but I do want to I do want to talk about

00:20:59.569 --> 00:21:02.710
Hivemapper. And I know you mentioned that you'd

00:21:02.710 --> 00:21:04.529
been hearing some things like sounds like some

00:21:04.529 --> 00:21:06.549
people are like salty in the community or whatever.

00:21:06.990 --> 00:21:10.130
Yeah. What you want to expand on that? Yeah.

00:21:10.230 --> 00:21:13.309
So this is thanks to Network Bits. That's Joe.

00:21:13.430 --> 00:21:17.390
He added me to this chat and he sent me a Discord

00:21:17.390 --> 00:21:19.630
link to like this private Discord server with

00:21:19.630 --> 00:21:21.329
like a whole bunch. It was like a whole bunch

00:21:21.329 --> 00:21:24.309
of exiled Hivemapper people. And I remember this

00:21:24.309 --> 00:21:27.089
happened back in the day with Helium. And there

00:21:27.089 --> 00:21:29.210
was another project I covered called Revify that

00:21:29.210 --> 00:21:32.410
just did terrible. There's a bunch of litigation.

00:21:32.569 --> 00:21:35.690
People are trying to sue this guy. But there's

00:21:35.690 --> 00:21:38.730
like these Discord servers people make and everyone

00:21:38.730 --> 00:21:41.049
can join together and kind of just talk about

00:21:41.049 --> 00:21:44.109
stuff that you can't talk about in the normal

00:21:44.109 --> 00:21:45.789
server. It's like you can talk about the price.

00:21:45.869 --> 00:21:48.650
You can talk about any sort of like confidential

00:21:48.650 --> 00:21:53.519
and important information. uh there's this this

00:21:53.519 --> 00:21:56.619
x mod in there that has just been talking a bunch

00:21:56.619 --> 00:22:00.559
about um high mapper and bringing up some fairly

00:22:00.559 --> 00:22:04.380
good points about the uh token unlocks that have

00:22:04.380 --> 00:22:07.680
been happening for the employees i made a video

00:22:07.680 --> 00:22:11.500
i think it was it was uh two months ago wow time

00:22:11.500 --> 00:22:14.420
flies yeah in december or maybe it was early

00:22:14.420 --> 00:22:19.630
january no it was december about the um supply

00:22:19.630 --> 00:22:22.150
like doubling overnight and i was like what is

00:22:22.150 --> 00:22:24.009
going on the supply it was as soon as the price

00:22:24.009 --> 00:22:27.250
was going up the the supply uh doubled and then

00:22:27.250 --> 00:22:29.789
the price came back down and that's when it kind

00:22:29.789 --> 00:22:31.950
of brought to my attention a lot of other people

00:22:31.950 --> 00:22:36.250
about the how many like tokens are being unlocked

00:22:36.250 --> 00:22:39.450
on a monthly basis and the effect that that's

00:22:39.450 --> 00:22:42.009
having on the price and it's kind of just suppressing

00:22:42.009 --> 00:22:45.150
the price like as soon as it goes up all of those

00:22:45.150 --> 00:22:48.140
tokens that the employees have they they could

00:22:48.140 --> 00:22:50.720
be selling and the price was coming back down.

00:22:50.960 --> 00:22:54.000
Yeah. Yeah. I mean, that's fair. I mean, I, obviously

00:22:54.000 --> 00:22:57.039
before I invested in the project, like I read

00:22:57.039 --> 00:23:01.119
through the tokenomics, like in really good detail.

00:23:01.200 --> 00:23:05.200
So I knew all that was coming. Like, so yeah,

00:23:05.299 --> 00:23:08.000
I mean, we can, we can hop into that. Like I

00:23:08.000 --> 00:23:10.920
still, so here, when I look at these projects

00:23:10.920 --> 00:23:13.089
and look at like price projections, And I think

00:23:13.089 --> 00:23:14.970
it's important to talk about, especially with

00:23:14.970 --> 00:23:16.470
high Mavericks, I'm seeing some pretty unrealistic

00:23:16.470 --> 00:23:19.269
expectations about where the token price is going

00:23:19.269 --> 00:23:22.569
to go. Because I see people talking about like

00:23:22.569 --> 00:23:25.190
$10 per honey, $20 per honey, which is pretty

00:23:25.190 --> 00:23:29.349
outrageous given the supply. So to your point,

00:23:29.450 --> 00:23:34.109
this year alone between employees, what's eligible

00:23:34.109 --> 00:23:35.849
to unlock to employees and investors, there's

00:23:35.849 --> 00:23:39.549
3 billion tokens. Next year to employees is another

00:23:39.549 --> 00:23:42.329
billion tokens. That's 40 % of the supply going

00:23:42.329 --> 00:23:48.190
to investors and employees. Now, look, that's

00:23:48.190 --> 00:23:50.369
a little bit higher than some projects. That

00:23:50.369 --> 00:23:54.009
said, they do have a lot of overhead when dealing

00:23:54.009 --> 00:23:57.470
with building a map, building an R &D, building

00:23:57.470 --> 00:24:00.869
their own camera and manufacturing in the US

00:24:00.869 --> 00:24:05.069
and all that. So I don't have necessarily a huge

00:24:05.069 --> 00:24:08.519
bone to pick with the percentage. It's the unlock

00:24:08.519 --> 00:24:11.220
schedule that I was kind of like, it's pretty

00:24:11.220 --> 00:24:13.640
quick, really. Like, they're the investors to

00:24:13.640 --> 00:24:17.299
get it all this year. And the other part of that

00:24:17.299 --> 00:24:19.279
is, you know, there is 40 % that goes to contributors.

00:24:21.220 --> 00:24:23.720
And their unlock schedule is based on global

00:24:23.720 --> 00:24:26.599
progress. So I'm like, in my mind, you know,

00:24:26.619 --> 00:24:28.660
I was like, well, you know, maybe like having

00:24:28.660 --> 00:24:30.759
the employees like unlock period tied to global

00:24:30.759 --> 00:24:32.440
progress too, because we're kind of on this together.

00:24:32.519 --> 00:24:35.299
But regardless, you know, the tokenomics are

00:24:35.299 --> 00:24:38.299
what they are. So you have four billion tokens

00:24:38.299 --> 00:24:41.279
unlocked by the end of 2025. If all the employee

00:24:41.279 --> 00:24:45.140
token unlocks happen, which I have to assume

00:24:45.140 --> 00:24:51.200
they will. And then you have the treasury, which

00:24:51.200 --> 00:24:53.240
is used to they've been using it to distribute

00:24:53.240 --> 00:24:56.740
to participants. And then I think there's like

00:24:56.740 --> 00:24:59.240
a helium ink for like R &D and that sort of thing.

00:24:59.359 --> 00:25:02.700
So in total, that's that's six billion tokens.

00:25:02.779 --> 00:25:06.390
So you have to assume by the end of 2025. that

00:25:06.390 --> 00:25:08.829
that 60 % is going to be in circulation. Okay.

00:25:10.109 --> 00:25:12.829
The other aspect of this though, is like kind

00:25:12.829 --> 00:25:15.730
of unknown as far as the contributor unlocks.

00:25:16.210 --> 00:25:18.450
So, you know, right now I think there's over

00:25:18.450 --> 00:25:22.170
200 million tokens unlocked to contributors so

00:25:22.170 --> 00:25:25.750
far. I expect that to ramp up as global progress

00:25:25.750 --> 00:25:28.589
ramps up. So the number I've been kind of using

00:25:28.589 --> 00:25:31.289
in most of my projections that I do on token

00:25:31.289 --> 00:25:36.500
prices are out to 20, 25. okay just looking at

00:25:36.500 --> 00:25:39.859
historical market cycles and i'm going to touch

00:25:39.859 --> 00:25:41.660
on that a little bit too in this video but like

00:25:41.660 --> 00:25:44.119
you know we have to make some assumptions so

00:25:44.119 --> 00:25:47.079
i'm kind of expecting that you know 7 billion

00:25:47.079 --> 00:25:49.839
or 70 percent of the the tokens will be in circulation

00:25:49.839 --> 00:25:53.559
at the end of 2025. so that's part of the the

00:25:53.559 --> 00:25:55.759
puzzle here the other part is okay what's the

00:25:55.759 --> 00:26:00.700
market cap potential yeah okay so there's i would

00:26:00.700 --> 00:26:04.819
say um there's a high upside case um then i do

00:26:04.819 --> 00:26:07.500
kind of like a uh okay moderate you know what's

00:26:07.500 --> 00:26:11.059
more possible and then a downside case because

00:26:11.059 --> 00:26:14.420
i think we need to in the crypto space i feel

00:26:14.420 --> 00:26:16.059
like a lot of people love i mean it's fun to

00:26:16.059 --> 00:26:19.059
talk about the upside case but for risk management

00:26:19.059 --> 00:26:20.720
like you have to really take in consideration

00:26:20.720 --> 00:26:25.559
all options and scenarios so high upside case

00:26:25.559 --> 00:26:29.339
i you know as far as market cap goes we we can

00:26:29.339 --> 00:26:30.920
look at other projects like i look at helium

00:26:31.549 --> 00:26:34.410
um, as, as somewhat of a comparison and helium

00:26:34.410 --> 00:26:38.109
got to just over a $5 billion market cap in the

00:26:38.109 --> 00:26:41.470
last market cycle. Now, you know, it's a little

00:26:41.470 --> 00:26:43.549
bit different because helium was infrastructure

00:26:43.549 --> 00:26:45.349
being built out and really wasn't generating

00:26:45.349 --> 00:26:49.089
revenue at all. Um, and it was the prior market

00:26:49.089 --> 00:26:51.029
cycle before deep end really had all this momentum.

00:26:51.210 --> 00:26:53.990
So, um, I would say, you know, for high mapper,

00:26:54.089 --> 00:26:55.910
they're already generating revenue. That's one

00:26:55.910 --> 00:26:59.269
of the The big things I like about this sensor

00:26:59.269 --> 00:27:01.309
category or data collection is that they can

00:27:01.309 --> 00:27:05.109
turn on revenue right away. The other part is

00:27:05.109 --> 00:27:07.910
like, okay, if we do see this bull run that we're

00:27:07.910 --> 00:27:11.730
all hoping for, the deep end narrative is really

00:27:11.730 --> 00:27:15.690
picking up steam, right? I hate to say narrative

00:27:15.690 --> 00:27:17.250
because it sounds like, oh, it's just this narrative

00:27:17.250 --> 00:27:19.410
that's going to pump. I mean, I think this is

00:27:19.410 --> 00:27:22.410
like a legitimate sector that's coming out of

00:27:22.410 --> 00:27:29.539
the crypto space. I do think if they do what

00:27:29.539 --> 00:27:30.799
I think they're going to do on the hardware side,

00:27:30.920 --> 00:27:34.119
which we'll talk about, and they announce a couple

00:27:34.119 --> 00:27:36.339
of big name clients, which it sounds like they

00:27:36.339 --> 00:27:39.380
have some that are under NDA right now, and the

00:27:39.380 --> 00:27:42.160
revenue picks up and global progress picks up.

00:27:42.500 --> 00:27:45.960
I could see a scenario where this hits a $10

00:27:45.960 --> 00:27:48.680
billion market cap. I don't know that it would

00:27:48.680 --> 00:27:52.720
happen, but I think it's possible. But even if

00:27:52.720 --> 00:27:55.220
that's the high upside case at 7 billion tokens

00:27:55.220 --> 00:27:59.099
in circulation, that's $1 .42, I think, per honey.

00:27:59.519 --> 00:28:03.319
And to me, that's like the biggest bull case.

00:28:03.660 --> 00:28:08.759
So for people talking about $5, $10, $20 honey,

00:28:09.059 --> 00:28:12.440
to me, that's just not realistic. I think it's

00:28:12.440 --> 00:28:16.440
far more realistic, again, if these things come

00:28:16.440 --> 00:28:19.380
together and we have this bull run. you know,

00:28:19.380 --> 00:28:21.640
I think 70 cents to a dollar, cause that's the

00:28:21.640 --> 00:28:23.579
kind of a psychological number at a dollar. Like

00:28:23.579 --> 00:28:27.940
I could see that more likely happening, but I

00:28:27.940 --> 00:28:32.420
also think that we need to consider that there

00:28:32.420 --> 00:28:35.900
are some other scenarios here. When you look

00:28:35.900 --> 00:28:39.299
at the global economy and I, before I get into

00:28:39.299 --> 00:28:41.240
that, cause I get into the weeds a little bit

00:28:41.240 --> 00:28:43.480
here, but like, do you, I'm curious if you have

00:28:43.480 --> 00:28:44.940
anything to add or what your thoughts are on

00:28:44.940 --> 00:28:47.640
that. Yeah. So obviously I'm hopeful that the

00:28:47.640 --> 00:28:51.519
token goes up to $20, but realistically, I mean,

00:28:51.519 --> 00:28:54.700
it's very easy to see what a realistic number

00:28:54.700 --> 00:28:57.880
is just by taking the token price and timesing

00:28:57.880 --> 00:29:01.059
it by the circulating supply or the total supply.

00:29:01.119 --> 00:29:03.400
That's how you get the market cap and people

00:29:03.400 --> 00:29:06.039
just don't know it. Like it's, it's literally

00:29:06.039 --> 00:29:08.920
a multiplication problem. And I've covered this

00:29:08.920 --> 00:29:10.819
in many videos. I've showed it on screen. Like,

00:29:10.819 --> 00:29:13.059
all right, if we were to get to $10, it would

00:29:13.059 --> 00:29:15.869
be like, just. it would have a market cap like

00:29:15.869 --> 00:29:17.890
the size of ethereum and it's just not going

00:29:17.890 --> 00:29:20.509
to happen at least in the near future but i did

00:29:20.509 --> 00:29:23.869
see when it did get listed on coinbase for two

00:29:23.869 --> 00:29:26.650
to three seconds it was at 90 cents and i was

00:29:26.650 --> 00:29:29.930
like oh my gosh but it didn't it didn't stand

00:29:29.930 --> 00:29:33.710
very long yeah i think you put a video did you

00:29:33.710 --> 00:29:35.309
put a video out on that wasn't there like a bidding

00:29:35.309 --> 00:29:37.529
process or something that caused that yeah so

00:29:37.529 --> 00:29:40.660
so the way it worked for coinbase is when they

00:29:40.660 --> 00:29:43.359
release a new token i don't know if it's for

00:29:43.359 --> 00:29:46.539
every token but they have this period so it hive

00:29:46.539 --> 00:29:49.779
mapper went live 12 p .m eastern my time i believe

00:29:49.779 --> 00:29:52.960
it was 12 p .m and for the first 10 minutes it's

00:29:52.960 --> 00:29:55.880
this auction process where pretty much you insert

00:29:55.880 --> 00:29:59.720
the however many uh honey you want and how much

00:29:59.720 --> 00:30:02.400
money you want to spend and it fills it on a

00:30:02.400 --> 00:30:07.019
i believe a fifo uh basis it's like first in

00:30:07.019 --> 00:30:09.599
first out so first person that orders they get

00:30:09.599 --> 00:30:14.000
rewarded uh with that correspondingly and basically

00:30:14.000 --> 00:30:16.599
as it goes on people are paying higher and higher

00:30:16.599 --> 00:30:19.059
for less amount of honey and it just fills all

00:30:19.059 --> 00:30:20.559
those orders for the first 10 minutes and then

00:30:20.559 --> 00:30:23.339
after that after they test it and everything

00:30:23.339 --> 00:30:28.019
is working then it's open on coinbase .com and

00:30:28.019 --> 00:30:29.940
just regular coinbase so that's all taking place

00:30:29.940 --> 00:30:32.640
on the coinbase i believe it's called coinbase

00:30:32.640 --> 00:30:35.680
pro uh it used to be called uh something else

00:30:35.680 --> 00:30:38.829
back in the day but that's all being taken place

00:30:38.829 --> 00:30:40.410
on Coinbase Pro and then it moves to Coinbase

00:30:40.410 --> 00:30:42.769
and then anybody can buy it. And then after that

00:30:42.769 --> 00:30:46.069
point, that's when the price goes from whatever

00:30:46.069 --> 00:30:50.089
the crazy auction price is to like a stable price.

00:30:50.250 --> 00:30:54.029
And then it goes from there. Got it. Okay. Yeah.

00:30:54.089 --> 00:30:55.190
I was wondering, I saw that. I thought it was

00:30:55.190 --> 00:30:57.529
a glitch. I'm like, well, how did that hit 90

00:30:57.529 --> 00:31:01.769
cents? I was like, what? Okay. You know, I want

00:31:01.769 --> 00:31:03.349
to talk about the thing that like a lot of people.

00:31:04.009 --> 00:31:05.509
aren't really talking about right now because

00:31:05.509 --> 00:31:07.250
everyone's just expecting that we're going to

00:31:07.250 --> 00:31:10.309
have this bull run. We hope that. And I think

00:31:10.309 --> 00:31:13.690
there's a good chance that that does happen,

00:31:13.809 --> 00:31:16.769
right? That we do have this bull run post Bitcoin

00:31:16.769 --> 00:31:19.730
halving. But one thing that I think we need to

00:31:19.730 --> 00:31:22.170
talk about is the fact that for the first time

00:31:22.170 --> 00:31:24.789
since Bitcoin's inception, we're in a quantitative

00:31:24.789 --> 00:31:26.869
tightening environment where the Fed has been

00:31:26.869 --> 00:31:29.849
raising rates. Bitcoin started back in 2009,

00:31:30.210 --> 00:31:32.920
right? And it was right after the recession and

00:31:32.920 --> 00:31:36.579
interest rates have been near zero for a long

00:31:36.579 --> 00:31:39.240
time. And this is the first time we've had a

00:31:39.240 --> 00:31:41.839
Bitcoin halving where interest rates are higher.

00:31:41.980 --> 00:31:44.299
And, you know, low interest rates are very bullish

00:31:44.299 --> 00:31:47.160
for risk on assets like crypto. So, you know,

00:31:47.160 --> 00:31:49.940
we can look at historical market cycles, but

00:31:49.940 --> 00:31:51.579
this is going to be a little bit different. And

00:31:51.579 --> 00:31:53.920
there's also some warning signs right now in

00:31:53.920 --> 00:31:56.579
the economy. So look at commercial real estate.

00:31:56.920 --> 00:31:58.900
Right now, the vacancies in December were the

00:31:58.900 --> 00:32:02.000
highest we've seen since the height of COVID.

00:32:03.119 --> 00:32:05.420
And our banks are sitting on, they have a lot

00:32:05.420 --> 00:32:07.279
of exposure right now to commercial real estate

00:32:07.279 --> 00:32:10.740
assets. And that is very concerning. And there

00:32:10.740 --> 00:32:12.920
were a lot of commercial loans that had gotten

00:32:12.920 --> 00:32:14.880
extensions that are, things are about to come

00:32:14.880 --> 00:32:17.400
to a head here. So I wouldn't be surprised if

00:32:17.400 --> 00:32:20.819
we start seeing more regional smaller banks failing

00:32:20.819 --> 00:32:23.000
here in the coming months. And I think it's going

00:32:23.000 --> 00:32:26.059
to be a topic that's in the news. Now, the big

00:32:26.059 --> 00:32:28.279
banks, the expectation is that we'll see consolidation.

00:32:28.400 --> 00:32:30.160
The big banks will buy them up and they'll be

00:32:30.160 --> 00:32:32.220
too big to fail. And that might be the case,

00:32:32.279 --> 00:32:34.700
but there's still going to be uncertainty and

00:32:34.700 --> 00:32:37.079
concern in the market, which could have an impact

00:32:37.079 --> 00:32:40.339
on the overall economy. That second thing is,

00:32:40.380 --> 00:32:43.180
you know, the job market. Right. So we just saw

00:32:43.180 --> 00:32:45.740
job market numbers were at unemployment is like

00:32:45.740 --> 00:32:47.420
three point six to three point seven percent.

00:32:47.440 --> 00:32:50.099
I want to say so that that's still that's relatively

00:32:50.099 --> 00:32:54.529
actually strong. OK, but. UPS just laid off 12

00:32:54.529 --> 00:32:57.950
,000 people. PayPal laid off 9 % of their workforce.

00:32:58.750 --> 00:33:01.049
The company I work for has had layoffs. I know

00:33:01.049 --> 00:33:02.309
a lot of people that have been laid off. And

00:33:02.309 --> 00:33:03.910
I think the job market is starting to weaken,

00:33:04.130 --> 00:33:08.730
which also is a bit concerning, right? And when

00:33:08.730 --> 00:33:11.890
you look at the consumer sentiment, the consumer

00:33:11.890 --> 00:33:13.529
spending was pretty strong through the holidays,

00:33:13.630 --> 00:33:15.950
all things considered. But when you dig into

00:33:15.950 --> 00:33:19.130
how that spending is happening, there's also

00:33:19.130 --> 00:33:23.440
other warning signs. With inflation, with the

00:33:23.440 --> 00:33:28.000
cost of everything going up, you've seen people's

00:33:28.000 --> 00:33:30.779
savings start to dissipate because during COVID,

00:33:31.059 --> 00:33:35.039
people's savings had grown because you couldn't

00:33:35.039 --> 00:33:36.339
go out and do anything. You couldn't go out and

00:33:36.339 --> 00:33:39.119
spend money and go to restaurants or social events.

00:33:39.680 --> 00:33:43.299
By all reports, those extra savings that were

00:33:43.299 --> 00:33:46.779
kind of easing the burn from inflation. have

00:33:46.779 --> 00:33:48.799
dissipated and people continue spending money.

00:33:48.940 --> 00:33:50.400
And this question is like, how are they doing

00:33:50.400 --> 00:33:52.660
it? And well, they're using credit cards, man,

00:33:52.700 --> 00:33:54.880
like over a trillion dollars in credit card debt

00:33:54.880 --> 00:33:57.859
across the country right now. And that's another

00:33:57.859 --> 00:34:00.720
thing. I mean, so you combine all these things,

00:34:00.759 --> 00:34:04.599
like the commercial real estate situation, the

00:34:04.599 --> 00:34:09.719
job market itself, and the fact that people are

00:34:09.719 --> 00:34:14.159
racking up credit card debt, it makes you wonder

00:34:14.159 --> 00:34:17.590
what could be coming. And I think there's this

00:34:17.590 --> 00:34:21.269
misconception about inflation in general. Inflation

00:34:21.269 --> 00:34:25.349
is coming down, but that's not deflation. And

00:34:25.349 --> 00:34:27.909
I think there's this concept that people don't

00:34:27.909 --> 00:34:29.789
quite understand. They think that prices are

00:34:29.789 --> 00:34:33.170
going to come down. And that's not the target

00:34:33.170 --> 00:34:35.489
here. The Fed is trying to target 2 % inflation.

00:34:36.250 --> 00:34:40.150
And globally, that's the standard. If you have

00:34:40.150 --> 00:34:43.170
2 % inflation, that's what you want. for a strong

00:34:43.170 --> 00:34:45.730
economy. But that means that the prices we're

00:34:45.730 --> 00:34:48.130
at today are not expected to go down. They're

00:34:48.130 --> 00:34:50.329
just expected to only go up 2 % a year if we

00:34:50.329 --> 00:34:54.010
hit the goal that the Fed is trying to hit. Deflation

00:34:54.010 --> 00:34:56.510
is not good for the economy. So I think we need

00:34:56.510 --> 00:34:59.650
to realize this is the new normal for prices.

00:35:00.710 --> 00:35:05.969
And then lastly, the market is pricing in four

00:35:05.969 --> 00:35:10.670
rate cuts this year, which is a good thing. for

00:35:10.670 --> 00:35:16.110
risk on assets like crypto. But it also begs

00:35:16.110 --> 00:35:19.469
the question, what do they see coming? Because

00:35:19.469 --> 00:35:21.889
they're not going to just cut rates unless there's

00:35:21.889 --> 00:35:24.730
a need to cut rates. And normally that coincides

00:35:24.730 --> 00:35:29.610
with a weakening job market or a recession. And

00:35:29.610 --> 00:35:33.030
we just had our FOMC, there's eight meetings

00:35:33.030 --> 00:35:35.730
a year. We just had one, I think it was just

00:35:35.730 --> 00:35:39.349
yesterday. And they didn't touch rates there.

00:35:39.840 --> 00:35:42.139
They're not, as of right now, expected to touch

00:35:42.139 --> 00:35:45.539
rates in the March session. So we could see them

00:35:45.539 --> 00:35:49.420
start lowering rates this summer. But it makes

00:35:49.420 --> 00:35:51.440
me wonder, is there something they're expecting

00:35:51.440 --> 00:35:54.559
to come in order to have to lower rates? I don't

00:35:54.559 --> 00:35:57.980
know. So I'm not saying we're going to have some

00:35:57.980 --> 00:36:01.860
crazy recession. I'm just saying you need to

00:36:01.860 --> 00:36:05.280
manage risk and be aware of all possible scenarios.

00:36:06.360 --> 00:36:08.280
I'm sure you saw it in the last market cycle.

00:36:08.460 --> 00:36:10.019
People were telling me they were taking out second

00:36:10.019 --> 00:36:13.340
mortgages on their home, cashing out their 401ks,

00:36:13.599 --> 00:36:17.900
putting their life savings into the market. It's

00:36:17.900 --> 00:36:19.659
an exciting space. There's a lot of upside there.

00:36:20.199 --> 00:36:22.320
None of this is financial advice, but I would

00:36:22.320 --> 00:36:26.000
just say be aware of risk management and what

00:36:26.000 --> 00:36:28.840
possible scenarios there are because there is

00:36:28.840 --> 00:36:31.440
a scenario here where the bull market might get

00:36:31.440 --> 00:36:34.099
pushed out. you know, two, three years, potentially,

00:36:34.099 --> 00:36:37.340
if we have some sort of crash, you know, in the

00:36:37.340 --> 00:36:41.340
global economy. So it's just kind of a warning.

00:36:41.440 --> 00:36:43.199
I don't know what your thoughts are. And then

00:36:43.199 --> 00:36:46.179
I'll talk about where I think what the most likely

00:36:46.179 --> 00:36:48.139
scenario is and how I'm planning on playing it.

00:36:48.260 --> 00:36:51.719
But like, what are your thoughts? I'm glad you

00:36:51.719 --> 00:36:53.440
brought that up, that people were taking out

00:36:53.440 --> 00:36:56.619
mortgages and like doubling down on crypto. And

00:36:56.619 --> 00:36:58.800
I thought it's interesting because a lot of the

00:36:58.800 --> 00:37:00.460
people that were doing that were doing that.

00:37:01.039 --> 00:37:03.260
pretty much at the peak of the bull run or the

00:37:03.260 --> 00:37:04.980
tail end of the bull run when they're like nah

00:37:04.980 --> 00:37:07.360
it's coming back down it'll go back up and these

00:37:07.360 --> 00:37:09.579
are people that just don't understand the space

00:37:09.579 --> 00:37:12.239
they haven't been in the space long enough and

00:37:12.239 --> 00:37:14.980
they're making these huge mistakes on their life

00:37:14.980 --> 00:37:18.820
savings because someone told them to buy bitcoin

00:37:18.820 --> 00:37:21.559
or the fear of missing out fomo we see it all

00:37:21.559 --> 00:37:24.280
the time with projects and that's a really important

00:37:24.280 --> 00:37:27.579
thing that unfortunately a lot of people don't

00:37:27.579 --> 00:37:29.019
know yet and they're gonna have to learn the

00:37:29.019 --> 00:37:31.639
hard way going into the next bull run with when

00:37:31.639 --> 00:37:35.079
or if it does happen and they're gonna we're

00:37:35.079 --> 00:37:36.659
gonna see this time and time again until people

00:37:36.659 --> 00:37:39.679
start to learn how this market works i mean it

00:37:39.679 --> 00:37:43.039
still is a young space even though it's only

00:37:43.039 --> 00:37:47.219
been oh my gosh how many years 15 years now it's

00:37:47.219 --> 00:37:49.179
still young i mean the stock market's been around

00:37:49.179 --> 00:37:52.380
forever so there's plenty of ups and downs that

00:37:52.380 --> 00:37:56.099
we can see and Another thing I did enjoy that

00:37:56.099 --> 00:37:59.400
you did mention is all of the real world stuff,

00:37:59.519 --> 00:38:01.239
because a lot of people say crypto is like not

00:38:01.239 --> 00:38:04.340
real. But you're comparing all this real world

00:38:04.340 --> 00:38:07.619
stuff to crypto, which is what a lot of other

00:38:07.619 --> 00:38:10.019
people are doing as well. And it's kind of legitimizing

00:38:10.019 --> 00:38:12.599
the space. We're seeing all these major players

00:38:12.599 --> 00:38:15.619
coming in, especially with the ETF launch. It's

00:38:15.619 --> 00:38:17.739
really transitioning the space into something

00:38:17.739 --> 00:38:20.599
more solid. And it's having a lot better of a

00:38:20.599 --> 00:38:23.239
backing than it ever has been, I think. That

00:38:23.239 --> 00:38:26.360
is I mean, we have no clue what that's going

00:38:26.360 --> 00:38:28.500
to lead us to. This could lead Bitcoin to going

00:38:28.500 --> 00:38:31.099
to a million dollars like people have speculated

00:38:31.099 --> 00:38:35.380
for so many years. For sure. Look, I do think

00:38:35.380 --> 00:38:37.579
that Bitcoin eventually will go to a million

00:38:37.579 --> 00:38:41.519
dollars. I do. People might think I'm crazy for

00:38:41.519 --> 00:38:44.440
that. But, you know, I think that it's just a

00:38:44.440 --> 00:38:47.239
matter of like when it will happen. But yeah,

00:38:47.320 --> 00:38:49.679
like, look, these ETFs like BlackRock's been

00:38:49.679 --> 00:38:55.519
buying up Bitcoin. in droves. I'm not trying

00:38:55.519 --> 00:38:56.840
to be doom and gloom. I'm just trying to make

00:38:56.840 --> 00:39:00.000
people aware of the possible scenarios. I'm obviously

00:39:00.000 --> 00:39:02.260
still very active in this space and I think there's

00:39:02.260 --> 00:39:06.500
a lot of potential here. What I'm hoping, the

00:39:06.500 --> 00:39:10.199
scenario I hope plays out here is that in the

00:39:10.199 --> 00:39:12.820
coming months, yes, we might see some issues

00:39:12.820 --> 00:39:14.380
with the banking and the commercial real estate.

00:39:14.500 --> 00:39:17.059
We might see the job market weaken, but I do

00:39:17.059 --> 00:39:19.860
think that we'll see the Fed start to lower rates.

00:39:20.199 --> 00:39:24.039
OK, say like May, June, because inflation is

00:39:24.039 --> 00:39:26.420
like what I think it's like three. I want to

00:39:26.420 --> 00:39:28.199
say three point three percent. They have to start

00:39:28.199 --> 00:39:30.039
lowering rates before we get to two, because

00:39:30.039 --> 00:39:31.579
if they wait till we get to two, it's too late.

00:39:32.000 --> 00:39:33.940
So I think we're going to start softening this

00:39:33.940 --> 00:39:36.340
out and they're trying to get this soft landing.

00:39:36.940 --> 00:39:40.559
So if they can pull this thing off, rates are

00:39:40.559 --> 00:39:42.719
getting lower. We the Bitcoin having supposed

00:39:42.719 --> 00:39:47.329
to be April 20th. Right. And. If history repeats

00:39:47.329 --> 00:39:49.289
itself, we should start to see this bull run

00:39:49.289 --> 00:39:52.150
hit July, August, September timeframe going into

00:39:52.150 --> 00:39:53.849
election season, right? They're not going to

00:39:53.849 --> 00:39:55.510
want a recession going into election season.

00:39:55.670 --> 00:39:58.809
So I think this could play out where we have

00:39:58.809 --> 00:40:03.710
this nice bull run and everything happens like

00:40:03.710 --> 00:40:06.389
we're hoping. But I will say one of the things

00:40:06.389 --> 00:40:08.989
I learned in the last market cycle is it's okay

00:40:08.989 --> 00:40:10.989
to take some profits on the way up. You know,

00:40:10.989 --> 00:40:14.030
like DCA -ing in at the bottom and, you know,

00:40:14.030 --> 00:40:17.110
in the bear market is really smart, but DCA -ing

00:40:17.110 --> 00:40:20.250
out in, I'm not saying like cash out your position.

00:40:20.409 --> 00:40:22.630
I'm saying take some money off the table on the

00:40:22.630 --> 00:40:25.230
way up, right? Because, you know, towards the

00:40:25.230 --> 00:40:29.030
end of this year into 2025, there's still potential

00:40:29.030 --> 00:40:32.409
that I think we could see a recession hit. You

00:40:32.409 --> 00:40:33.869
know, like I don't think we're out of the woods

00:40:33.869 --> 00:40:36.090
necessarily, even if we see a soft landing through

00:40:36.090 --> 00:40:39.820
election season. So I think. You can kind of

00:40:39.820 --> 00:40:41.360
play this, and this is how I plan to play it,

00:40:41.420 --> 00:40:45.900
okay? Keep building my positions right now. And

00:40:45.900 --> 00:40:48.800
hopefully this bull run hits. And then going

00:40:48.800 --> 00:40:51.880
into 2025, start dollar cost averaging out, taking

00:40:51.880 --> 00:40:54.280
a little bit off the table, but keeping my positions

00:40:54.280 --> 00:40:57.440
for sure. But that way, let's say we do have

00:40:57.440 --> 00:41:00.300
this super cycle hit that people have been calling

00:41:00.300 --> 00:41:03.159
for for the last eight years, right? You still

00:41:03.159 --> 00:41:05.579
have your positions where you can take advantage

00:41:05.579 --> 00:41:08.679
of that market cycle. If you're pulling a little

00:41:08.679 --> 00:41:10.760
bit off the table and you have this cash on the

00:41:10.760 --> 00:41:14.239
side, you're also positioning yourself that if

00:41:14.239 --> 00:41:17.880
we have a crash, you can pounce on that opportunity.

00:41:18.039 --> 00:41:21.619
Because that's where, if you look back to 2008,

00:41:21.920 --> 00:41:24.199
that's where you can make generational wealth

00:41:24.199 --> 00:41:27.360
is by having money sidelined and cash is king

00:41:27.360 --> 00:41:29.579
in those situations. So I think you can play

00:41:29.579 --> 00:41:34.300
both sides of this by DCA -ing out to an extent,

00:41:34.340 --> 00:41:37.710
keeping your positions. and kind of be able to

00:41:37.710 --> 00:41:39.489
take advantage of either scenario and that's

00:41:39.489 --> 00:41:42.289
that's my game plan right now i don't know if

00:41:42.289 --> 00:41:44.070
that's going to come to fruition man but like

00:41:44.070 --> 00:41:46.309
that's that's kind of how i'm looking to play

00:41:46.309 --> 00:41:50.010
this thing that's great yeah uh so i'll take

00:41:50.010 --> 00:41:54.030
that as financial advice and do not take that

00:41:54.030 --> 00:41:57.130
as financial advice um all right what you know

00:41:57.130 --> 00:41:58.650
let's talk about you know the future state of

00:41:58.650 --> 00:42:01.800
high mapper um What are your thoughts, by the

00:42:01.800 --> 00:42:03.820
way, on where the project's going? I mean, I

00:42:03.820 --> 00:42:05.500
know you're mapping right now. Are you planning

00:42:05.500 --> 00:42:08.019
on building a fleet or anything, or just kind

00:42:08.019 --> 00:42:09.280
of doing your personal mapping? What are your

00:42:09.280 --> 00:42:12.739
thoughts? Yeah, so I live with five other guys,

00:42:12.800 --> 00:42:15.219
and one of them, I took a road trip all the way

00:42:15.219 --> 00:42:18.780
to Louisiana and back. So we drove. It was a

00:42:18.780 --> 00:42:21.099
weekend. It was, I think, like four days. We

00:42:21.099 --> 00:42:22.900
drove from New Jersey, where I'm at, all the

00:42:22.900 --> 00:42:27.019
way down and back, stopped in Nashville. Tennessee,

00:42:27.219 --> 00:42:30.179
Alabama, Mississippi, Louisiana. So we saw in

00:42:30.179 --> 00:42:32.559
Georgia and North Carolina, South Carolina, we

00:42:32.559 --> 00:42:37.400
saw so many states along the way. And I got 20

00:42:37.400 --> 00:42:40.219
hours to talk to him about crypto. I introduced

00:42:40.219 --> 00:42:42.840
him to the whole space and talked to him about

00:42:42.840 --> 00:42:45.400
Highmapper. And I was like, all right, I'll split.

00:42:45.780 --> 00:42:49.119
I think we did like a 50 -50 split on the earnings

00:42:49.119 --> 00:42:52.309
that I've made for Highmapper. And it paid. for

00:42:52.309 --> 00:42:54.369
our entire trips, even splitting it. I think

00:42:54.369 --> 00:42:57.429
we made like $2 ,300 just driving to Louisiana

00:42:57.429 --> 00:42:59.949
and back over a weekend. I paid for all the gas,

00:43:00.070 --> 00:43:03.429
all the food, any souvenirs you bought. And my

00:43:03.429 --> 00:43:05.650
friend was like, Oh my God, I need to get one

00:43:05.650 --> 00:43:07.929
of these things. I was like, all right, you can

00:43:07.929 --> 00:43:11.670
get one, but you got to pay $2 ,300 to get on

00:43:11.670 --> 00:43:15.329
eBay right now. Yeah. And that's like where we're

00:43:15.329 --> 00:43:18.590
at. And this is giving me flashbacks to how helium

00:43:18.590 --> 00:43:21.309
was seeing all the miners for sales, secondhand

00:43:21.309 --> 00:43:24.780
market. people yeah hang an arm and a leg i did

00:43:24.780 --> 00:43:28.159
find it interesting that ariel uh was calling

00:43:28.159 --> 00:43:32.179
them out on twitter and in the discord uh calling

00:43:32.179 --> 00:43:35.880
them d -bags uh saying like this is not right

00:43:35.880 --> 00:43:39.219
but that's just kind of the space like and it's

00:43:39.219 --> 00:43:42.619
not just crypto like you look at xboxes if the

00:43:42.619 --> 00:43:45.980
in and shoes if there's a limited release or

00:43:45.980 --> 00:43:47.940
if it's hard to get your hands on one there's

00:43:47.940 --> 00:43:49.840
going to be scalpers and you can't really get

00:43:49.840 --> 00:43:52.909
around that But for honey and their future, like

00:43:52.909 --> 00:43:56.070
I, I firmly believe they're going to release

00:43:56.070 --> 00:43:58.869
a different dash cam, like a third dash cam.

00:43:59.150 --> 00:44:03.829
And I think it's going to be similar to the dash

00:44:03.829 --> 00:44:05.630
cam ass, but better because I think they just

00:44:05.630 --> 00:44:07.610
kind of fell short with the dash cam ass. They

00:44:07.610 --> 00:44:10.210
really, in my opinion, they dropped the ball

00:44:10.210 --> 00:44:12.369
in terms of like mounting points. There's only

00:44:12.369 --> 00:44:15.210
one mounting point is the very back. So the center

00:44:15.210 --> 00:44:17.769
of gravity is off. So it'll just wobble when

00:44:17.769 --> 00:44:21.199
you're driving and the dash cam. uh purposes

00:44:21.199 --> 00:44:25.340
like it's supposed to mine crypto or map and

00:44:25.340 --> 00:44:28.300
record dash cam there's no audio on it and the

00:44:28.300 --> 00:44:33.260
dash cam is like it will either mine or map or

00:44:33.260 --> 00:44:36.320
uh record like it doesn't work simultaneously

00:44:36.320 --> 00:44:38.800
so i think they're going back to the drawing

00:44:38.800 --> 00:44:41.500
board and trying to think of a better device

00:44:41.500 --> 00:44:44.380
and maybe a device that can produce faster because

00:44:44.380 --> 00:44:47.780
we're seeing right now their devices are back

00:44:47.780 --> 00:44:50.769
ordered until I think it's June now, which is

00:44:50.769 --> 00:44:53.650
just crazy to think about. And it's mostly because

00:44:53.650 --> 00:44:55.969
they're manufacturing it all in -house and it's

00:44:55.969 --> 00:44:57.969
special equipment. If they could figure out a

00:44:57.969 --> 00:45:02.050
way to make this with easier to obtain products

00:45:02.050 --> 00:45:05.550
and materials, they could just be pumping out

00:45:05.550 --> 00:45:08.389
these dash cams and covering the whole globe

00:45:08.389 --> 00:45:13.170
a lot faster. Yeah. Yeah, I agree. As far as

00:45:13.170 --> 00:45:18.480
the scalper thing, man, it sucks. But that's

00:45:18.480 --> 00:45:20.440
just kind of that comes with the territory when

00:45:20.440 --> 00:45:22.460
you have. And it's not just crypto, like you

00:45:22.460 --> 00:45:24.219
mentioned, like it's when there's a high demand

00:45:24.219 --> 00:45:28.019
and scarcity for something is what it is. And

00:45:28.019 --> 00:45:30.719
and I know like Ariel's like, you know, people

00:45:30.719 --> 00:45:33.019
need to stop thinking about, you know, this needs

00:45:33.019 --> 00:45:36.159
to happen in the next six months. It's like I

00:45:36.159 --> 00:45:39.780
get it. But, you know, if you're in this space.

00:45:40.489 --> 00:45:42.150
like one of the beautiful things is that you

00:45:42.150 --> 00:45:45.110
can ramp up participation, like no, like no other,

00:45:45.190 --> 00:45:47.909
right. But there's also, you know, other things

00:45:47.909 --> 00:45:49.650
that you're going to have to deal with that kind

00:45:49.650 --> 00:45:54.150
of suck too, you know, with that. So yeah, I,

00:45:54.210 --> 00:45:57.269
so I agree with you. So I, I have a prediction

00:45:57.269 --> 00:45:59.849
on what's going to happen here. I sent out one

00:45:59.849 --> 00:46:02.710
tweet about it, but I started, cause I've started

00:46:02.710 --> 00:46:04.489
getting a lot of questions about people asking

00:46:04.489 --> 00:46:06.190
like, how is a high back are going to make it

00:46:06.190 --> 00:46:08.889
through a bear market? So I started thinking

00:46:08.889 --> 00:46:11.250
about this because Helium did. Right. And we

00:46:11.250 --> 00:46:13.449
talked about all the adversity that Helium faced.

00:46:13.750 --> 00:46:18.110
And but they made it through. And the reason

00:46:18.110 --> 00:46:20.369
is because it was completely passive. Like people

00:46:20.369 --> 00:46:22.030
were like, oh, just leave it plugged in. Whatever.

00:46:22.369 --> 00:46:25.289
Right. You know, there's obviously some people

00:46:25.289 --> 00:46:26.710
that are like, oh, we're going to stand up against

00:46:26.710 --> 00:46:29.719
Helium and unplug our, you know. hot spots. And

00:46:29.719 --> 00:46:32.340
I'm like, please bro, unplug it because that's

00:46:32.340 --> 00:46:34.460
better rewards for the rest of us. And you're

00:46:34.460 --> 00:46:36.179
in a hex with like 30 other people and not providing

00:46:36.179 --> 00:46:38.000
any value anyway. So like, yeah, unplug your

00:46:38.000 --> 00:46:41.599
unit. That's fine. Like, so, but in the current

00:46:41.599 --> 00:46:44.500
state with high mapper, it's not passive, man.

00:46:44.539 --> 00:46:47.320
Like it, there, there is a decent amount of involvement

00:46:47.320 --> 00:46:49.280
with you making sure that you're downloading

00:46:49.280 --> 00:46:51.539
imagery, keeping the app open, uploading imagery,

00:46:51.659 --> 00:46:56.820
like meeting the Tuesday deadline. So, you know,

00:46:56.820 --> 00:47:00.280
it works. uh, the last like couple of years leading

00:47:00.280 --> 00:47:03.719
up to where we are today. Um, and I think people

00:47:03.719 --> 00:47:06.139
were like, well, you know, it's an early stage

00:47:06.139 --> 00:47:09.239
project. The bull runs coming up. Like that's

00:47:09.239 --> 00:47:11.460
fine. If the, you know, the, the price of honey

00:47:11.460 --> 00:47:13.360
is low and the earnings aren't that great. Like

00:47:13.360 --> 00:47:15.800
we're, we'll, you know, we'll work through it.

00:47:16.019 --> 00:47:18.000
And I did have some drivers that like gave me

00:47:18.000 --> 00:47:19.719
the dash cam back. They're like, it's not worth

00:47:19.719 --> 00:47:21.719
it. I'm like big picture. Come on. Like, you

00:47:21.719 --> 00:47:24.559
know, I'm sure they're regretting that now. Um,

00:47:24.780 --> 00:47:28.230
but I will say. to your point like expectations

00:47:28.230 --> 00:47:31.590
are being reset whether you like it or not um

00:47:31.590 --> 00:47:35.090
i don't think these current rewards and earnings

00:47:35.090 --> 00:47:38.389
that people are getting are sustainable by any

00:47:38.389 --> 00:47:40.909
means um so i think people have need to have

00:47:40.909 --> 00:47:44.510
realistic expectations but i do think that even

00:47:44.510 --> 00:47:47.590
if they come down to a point where let's say

00:47:47.590 --> 00:47:51.670
you're making 15 a week you know in a bear market

00:47:52.590 --> 00:47:55.150
They need to get this to a point where it's passive

00:47:55.150 --> 00:47:57.110
enough that people will still do it. And I think

00:47:57.110 --> 00:47:59.610
that's where they're going with this. And I started

00:47:59.610 --> 00:48:01.530
thinking through, how do you do it, right? And

00:48:01.530 --> 00:48:04.489
the only way is to have a dash cam that has cell

00:48:04.489 --> 00:48:07.690
connectivity built in to where maybe you need

00:48:07.690 --> 00:48:10.550
your phone to set the dash cam up and see if

00:48:10.550 --> 00:48:12.829
it's positioned correctly. But after that, it's

00:48:12.829 --> 00:48:15.829
hands off, right? And it's downloading, uploading

00:48:15.829 --> 00:48:18.110
on its own. You don't have to interact with it.

00:48:18.869 --> 00:48:20.869
And I think that's where they're going with this.

00:48:21.449 --> 00:48:23.269
you know the next question is like how are they

00:48:23.269 --> 00:48:25.329
going to do it on the cell connectivity side

00:48:25.329 --> 00:48:28.650
you know it would make sense i think an obvious

00:48:28.650 --> 00:48:30.650
choice would be helium mobile because they have

00:48:30.650 --> 00:48:33.630
a healing helium you know team as an advisor

00:48:33.630 --> 00:48:35.389
already they've already integrated on the iot

00:48:35.389 --> 00:48:38.469
side you could have the potential maybe dual

00:48:38.469 --> 00:48:42.030
mining like mobile token and uh honey token with

00:48:42.030 --> 00:48:46.110
that um regardless though like i don't think

00:48:46.110 --> 00:48:48.769
that matters as much that'd be pretty cool But

00:48:48.769 --> 00:48:50.989
as long as they find a cell provider that can

00:48:50.989 --> 00:48:54.090
do it in a cost -effective way, that's how they

00:48:54.090 --> 00:48:56.670
take this to the next level, in my opinion. Because

00:48:56.670 --> 00:48:58.829
number one, if you're getting a dash cam, you're

00:48:58.829 --> 00:49:02.449
like, hey, this is going to help you for insurance

00:49:02.449 --> 00:49:04.849
purposes. Or if you get in a car accident, just

00:49:04.849 --> 00:49:07.349
like any other dash cam, except you're passively

00:49:07.349 --> 00:49:10.789
earning something on it. I think that's how you

00:49:10.789 --> 00:49:12.409
get through a bear market. That's how you take

00:49:12.409 --> 00:49:15.150
this to the next level. And it opens the door

00:49:15.150 --> 00:49:18.699
for different types of fleets. I'll give you

00:49:18.699 --> 00:49:21.920
an example. I have a buddy that owns a shipping

00:49:21.920 --> 00:49:24.719
company. And he's like, I want to set these things

00:49:24.719 --> 00:49:28.079
up with all the truck drivers in my fleet. And

00:49:28.079 --> 00:49:31.500
I'm like, man, there's an extra layer here where

00:49:31.500 --> 00:49:34.199
you have to interact with each individual driver

00:49:34.199 --> 00:49:37.699
to make that work. And that's another third split

00:49:37.699 --> 00:49:40.179
that you have to manage every week and stay on

00:49:40.179 --> 00:49:43.420
top of. And for me, if I'm providing the cameras,

00:49:43.460 --> 00:49:47.449
I know the business owner, but then like, that's

00:49:47.449 --> 00:49:49.909
a layer away. I don't really have much power

00:49:49.909 --> 00:49:52.969
or the ability to like be on top of these drivers

00:49:52.969 --> 00:49:55.170
to make sure they're uploading. And it makes

00:49:55.170 --> 00:49:57.590
it really difficult. It really prevents you from

00:49:57.590 --> 00:50:00.550
moving into certain types of fleets. Now this

00:50:00.550 --> 00:50:03.829
would allow you to get in, you know, to those

00:50:03.829 --> 00:50:05.750
types of fleets because literally you're just

00:50:05.750 --> 00:50:07.030
working with business owner. They put them in

00:50:07.030 --> 00:50:08.469
there and they're like, Hey, we're putting these

00:50:08.469 --> 00:50:10.909
in every truck for, you know, insurance purposes,

00:50:11.050 --> 00:50:14.630
whatever. Yeah. And now you've removed that layer

00:50:14.630 --> 00:50:18.019
of complexity. So I think, If they can execute

00:50:18.019 --> 00:50:22.639
on that, again, they can get these shipments

00:50:22.639 --> 00:50:26.079
out. They can name a couple of big name clients,

00:50:26.400 --> 00:50:30.519
their customers buying this data. And we do have

00:50:30.519 --> 00:50:32.460
this bull market that's coming up. This project

00:50:32.460 --> 00:50:35.059
can absolutely thrive. And that's why I'm still

00:50:35.059 --> 00:50:38.559
expanding into it. But man, that's where I see

00:50:38.559 --> 00:50:41.730
this going. There is a tweet from Ariel about

00:50:41.730 --> 00:50:44.389
some big announcement coming on. I saw that.

00:50:44.590 --> 00:50:47.869
Yeah. February 21st, I believe it is. Is that

00:50:47.869 --> 00:50:50.469
the date? I can't remember exactly. With a backwards

00:50:50.469 --> 00:50:55.150
logo they have. So that's my prediction. I've

00:50:55.150 --> 00:50:58.429
seen people saying that might be like a Binance

00:50:58.429 --> 00:51:00.190
listing, something like that. I think they're

00:51:00.190 --> 00:51:04.050
going to announce this new hardware. But that

00:51:04.050 --> 00:51:07.449
then kind of puts you in a weird spot. Like I

00:51:07.449 --> 00:51:11.869
have 145. dash cams ordered right now so do you

00:51:11.869 --> 00:51:15.269
then shift those over to the new dash cam but

00:51:15.269 --> 00:51:18.230
i would bet you know if they're just starting

00:51:18.230 --> 00:51:20.510
production announcing this it probably won't

00:51:20.510 --> 00:51:22.150
be ready till like the end of this year and the

00:51:22.150 --> 00:51:24.909
next year so you're kind of faced with this decision

00:51:24.909 --> 00:51:29.250
like do you wait or do you place a new order

00:51:29.250 --> 00:51:32.010
or do you shift part of them over like i'm kind

00:51:32.010 --> 00:51:34.429
of thinking through my strategy here and assuming

00:51:34.429 --> 00:51:36.510
all this is right i mean this is just like going

00:51:36.510 --> 00:51:39.969
off the cuff man i have no idea But what I'm

00:51:39.969 --> 00:51:42.949
thinking about doing here is for my top drivers

00:51:42.949 --> 00:51:46.929
that are contributing the most, like upgrading

00:51:46.929 --> 00:51:50.269
them, if you will, and then taking their OG dash

00:51:50.269 --> 00:51:52.170
cams and putting them with new drivers and kind

00:51:52.170 --> 00:51:53.710
of like have it as like an incentive for drivers

00:51:53.710 --> 00:51:55.469
that are contributing a lot. Like, hey, I'm going

00:51:55.469 --> 00:51:57.809
to upgrade your dash cam, make your process easier.

00:51:59.130 --> 00:52:00.590
That's kind of what I'm thinking through right

00:52:00.590 --> 00:52:02.409
now. But, you know, there's a lot of details

00:52:02.409 --> 00:52:03.989
we don't know. Like, what's the price for the

00:52:03.989 --> 00:52:05.489
cell connectivity? What's the price of the dash

00:52:05.489 --> 00:52:07.869
cam itself? Like, you know, all things to consider.

00:52:08.219 --> 00:52:11.760
But I do think that's where this is going for

00:52:11.760 --> 00:52:14.519
future state. What do you think, man? I don't

00:52:14.519 --> 00:52:19.920
know. Yeah, the cost to do all this, I feel like

00:52:19.920 --> 00:52:21.940
they would kind of have a similar thing that

00:52:21.940 --> 00:52:25.320
Helium Mobile is doing with like a $5 fee for

00:52:25.320 --> 00:52:28.980
Miami. I feel like if Highmapper were to release

00:52:28.980 --> 00:52:33.579
a cellular connectivity dash cam, they'd have

00:52:33.579 --> 00:52:36.139
some sort of promo for the first couple of months.

00:52:36.840 --> 00:52:38.980
um and then from there you would be you'd be

00:52:38.980 --> 00:52:41.659
paying just to get a lot of people on board and

00:52:41.659 --> 00:52:44.860
i think also it would be wise for them to continue

00:52:44.860 --> 00:52:48.460
to sell like all three of their dashcams because

00:52:48.460 --> 00:52:50.480
you're gonna have people like you who are fleet

00:52:50.480 --> 00:52:54.300
managers where absolutely having a way like just

00:52:54.300 --> 00:52:56.599
having self -connectivity is the way to go it's

00:52:56.599 --> 00:52:59.739
super easy less work for them less points of

00:52:59.739 --> 00:53:02.340
failure uh where they could forget to upload

00:53:02.340 --> 00:53:05.280
but then also for the people like me who i'm

00:53:05.280 --> 00:53:07.940
just i'm just driving by myself i got two dash

00:53:07.940 --> 00:53:12.860
cams in my car like it's not that much of a issue

00:53:12.860 --> 00:53:16.179
for me to just go into my phone and download

00:53:16.179 --> 00:53:18.659
the images before i go back into my house and

00:53:18.659 --> 00:53:21.159
sometimes i forget a few so what because i know

00:53:21.159 --> 00:53:23.019
i'm going to get back in my car later but i think

00:53:23.019 --> 00:53:24.679
that would be the best case scenario for them

00:53:24.679 --> 00:53:27.699
to have all three options it also allow them

00:53:27.699 --> 00:53:30.880
to have a lot more inventory because they already

00:53:30.880 --> 00:53:32.719
have these ones produced and they can continue

00:53:32.719 --> 00:53:35.230
to sell them to the people that want them and

00:53:35.230 --> 00:53:38.090
then focus on getting these other ones. But there

00:53:38.090 --> 00:53:40.130
is also the possibility that if they keep all

00:53:40.130 --> 00:53:42.030
three of them, they're going to be strained on

00:53:42.030 --> 00:53:45.010
their resources, and they would be better off

00:53:45.010 --> 00:53:47.750
just canning the two of them and producing one.

00:53:48.469 --> 00:53:52.750
That's not my decision, thankfully. Yeah, yeah.

00:53:53.590 --> 00:53:55.389
Manufacturing is tough, man. I mean, they are,

00:53:55.510 --> 00:53:58.530
yeah, hand it to them. They've executed very

00:53:58.530 --> 00:54:01.789
well considering their manufacturing hardware.

00:54:02.400 --> 00:54:04.179
that has to integrate with different software.

00:54:04.300 --> 00:54:06.280
And they're also building a map on the backend.

00:54:06.380 --> 00:54:10.659
Like, man, that is a tall task. And at the beginning,

00:54:10.760 --> 00:54:12.760
I mean, you were, you're involved. Like it was

00:54:12.760 --> 00:54:16.300
pretty painful. It's gotten way better than it

00:54:16.300 --> 00:54:20.159
was. But yeah, man, I do think that there's,

00:54:20.159 --> 00:54:24.199
there's a lot of promise there. And I think a

00:54:24.199 --> 00:54:25.460
lot of these projects have a lot of promise.

00:54:25.519 --> 00:54:27.059
Like I'm, I'm excited to continue pushing out

00:54:27.059 --> 00:54:29.139
videos. Like I like, man, I love watching your

00:54:29.139 --> 00:54:32.940
videos. Your channel is awesome. Like. And I

00:54:32.940 --> 00:54:35.500
mean, before I run it up on like almost an hour

00:54:35.500 --> 00:54:39.480
here, but before we close out here, I mean, do

00:54:39.480 --> 00:54:41.760
you have any thoughts that you want to get out

00:54:41.760 --> 00:54:44.800
that we haven't talked about? Well, there is

00:54:44.800 --> 00:54:46.559
one other project I didn't mention that I just

00:54:46.559 --> 00:54:49.679
remembered. It's XNet, which is similar to Helium

00:54:49.679 --> 00:54:51.920
Mobile. And I think there's hold on. There's

00:54:51.920 --> 00:54:54.159
one other. Let me look at it really quickly.

00:54:54.519 --> 00:54:58.179
But XNet is similar to Helium Mobile Carrier

00:54:58.179 --> 00:55:02.420
One. They're all trying to be. uh these crypto

00:55:02.420 --> 00:55:05.480
cellular networks and i think that is an interesting

00:55:05.480 --> 00:55:08.880
space because high mapper could use one of them

00:55:08.880 --> 00:55:10.860
as well they don't have to use helium mobile

00:55:10.860 --> 00:55:14.059
they could use at t verizon but they could also

00:55:14.059 --> 00:55:17.340
be uh looking to start with one of these younger

00:55:17.340 --> 00:55:21.400
projects that has uh different options for scalability

00:55:21.400 --> 00:55:26.739
i mean the the helium 5g devices are ridiculously

00:55:26.739 --> 00:55:29.500
expensive and i think if they were to able to

00:55:30.139 --> 00:55:31.920
get the price down on that. And that's just going

00:55:31.920 --> 00:55:34.840
to happen with time as more manufactured and

00:55:34.840 --> 00:55:36.840
the price of everything comes down. It's going

00:55:36.840 --> 00:55:39.539
to be a lot easier for the space to grow because

00:55:39.539 --> 00:55:41.480
everything can connect to cellular connectivity.

00:55:41.659 --> 00:55:44.280
Like everything needs it. You need wifi for everything.

00:55:44.400 --> 00:55:47.659
You need it for a female, for the, the sore chain.

00:55:47.780 --> 00:55:49.199
You actually need to have your phone connected

00:55:49.199 --> 00:55:51.980
to it at all times with a cellular connection.

00:55:52.320 --> 00:55:54.380
Yeah. So that's, that's an issue, but that could

00:55:54.380 --> 00:55:56.900
be fixed with some software updates. They're

00:55:56.900 --> 00:56:00.710
planning on pushing. But we all need cellular

00:56:00.710 --> 00:56:06.190
data and it's expensive. And I mean, I say this

00:56:06.190 --> 00:56:08.389
at the end of like every video, it'll be interesting

00:56:08.389 --> 00:56:11.050
to see what happens. It will be. That's the best

00:56:11.050 --> 00:56:15.010
I can say. It will be. But, you know, like all

00:56:15.010 --> 00:56:18.250
in all, like, look, I think we are in, I truly

00:56:18.250 --> 00:56:19.590
believe we're in the right place at the right

00:56:19.590 --> 00:56:21.429
time. Like in the deep end space, the thing is

00:56:21.429 --> 00:56:25.789
going, it has just so much potential. And I think

00:56:25.789 --> 00:56:27.570
it actually has the potential to break like the.

00:56:27.960 --> 00:56:30.300
to an extent, this whole bull bear market thing,

00:56:30.400 --> 00:56:33.820
because if any of these projects can drive meaningful

00:56:33.820 --> 00:56:39.340
revenue, you can better justify valuations through

00:56:39.340 --> 00:56:41.940
a bear market. And especially with the tokenomics

00:56:41.940 --> 00:56:44.659
of some of these, with the burn, the mint equilibrium

00:56:44.659 --> 00:56:47.739
with revenue coming into the project, I do think

00:56:47.739 --> 00:56:50.159
there's the potential to break some of these

00:56:50.159 --> 00:56:53.659
sentiments around market cycles. So I don't know.

00:56:53.920 --> 00:56:56.480
It's exciting, man. And you're seeing a lot of

00:56:56.480 --> 00:56:59.099
them pop up. it'll be interesting to see how

00:56:59.099 --> 00:57:02.300
many of them do well and how many of them don't

00:57:02.300 --> 00:57:07.539
make it you know um but yeah man i yeah i don't

00:57:07.539 --> 00:57:10.340
know i'm just excited uh all in all and i think

00:57:10.340 --> 00:57:12.420
this bull run is you know hopefully it comes

00:57:12.420 --> 00:57:15.960
through like like we hope it does and um we're

00:57:15.960 --> 00:57:18.280
all we're all having a good time and uh having

00:57:18.280 --> 00:57:20.400
drinks and a year from now you know oh that'd

00:57:20.400 --> 00:57:22.460
be great we can all meet up at the next bitcoin

00:57:22.460 --> 00:57:24.980
event everyone watching this video because we

00:57:24.980 --> 00:57:27.320
all get into deep ends and we can Maybe it'll

00:57:27.320 --> 00:57:29.340
be a deep end event. That's another thing. Like

00:57:29.340 --> 00:57:32.659
with the new spaces, like there's probably going

00:57:32.659 --> 00:57:36.039
to be some deep end specific conferences and

00:57:36.039 --> 00:57:40.059
stuff in Miami, of course. And we could probably

00:57:40.059 --> 00:57:42.179
all meet up there. So that'd be cool. That'd

00:57:42.179 --> 00:57:45.079
be awesome, man. Well, Hey, I appreciate you

00:57:45.079 --> 00:57:48.420
joining me on this. Yeah, this was great. It's

00:57:48.420 --> 00:57:50.619
a good conversation for sure. Love to do it again

00:57:50.619 --> 00:57:53.539
sometime, man. Absolutely. Well, thank you, everybody,

00:57:53.619 --> 00:57:56.619
for tuning in and make sure to subscribe to Deep

00:57:56.619 --> 00:57:59.900
in Connection as well as me and unsubscribe from

00:57:59.900 --> 00:58:00.579
Network Bits.