i'm<00:00:03.040> gary<00:00:03.280> stevenson<00:00:04.000> former<00:00:04.319> trader<00:00:04.640> and

i'm gary stevenson former trader and

i'm gary stevenson former trader and people's<00:00:05.040> economist<00:00:05.839> this<00:00:06.080> is<00:00:06.160> gary's

people's economist this is gary's

people's economist this is gary's economics<00:00:07.520> today<00:00:07.759> we've<00:00:07.839> got<00:00:07.919> a<00:00:08.000> guest<00:00:08.240> on<00:00:08.320> the

economics today we've got a guest on the

economics today we've got a guest on the channel<00:00:09.040> mata<00:00:09.280> zab<00:00:09.519> cousin<00:00:10.000> he's<00:00:10.240> director<00:00:10.639> of

channel mata zab cousin he's director of

channel mata zab cousin he's director of cleanup<00:00:11.040> gambling<00:00:11.759> he's<00:00:11.920> here<00:00:12.080> to<00:00:12.160> talk<00:00:12.400> about

cleanup gambling he's here to talk about

cleanup gambling he's here to talk about trading<00:00:13.280> crypto<00:00:13.920> gambling<00:00:14.559> and<00:00:14.799> everything

trading crypto gambling and everything

trading crypto gambling and everything that's<00:00:15.200> happening<00:00:15.440> in<00:00:15.519> the<00:00:15.599> economy<00:00:15.839> right

that's happening in the economy right

that's happening in the economy right now

yeah<00:00:19.359> and<00:00:19.520> we'll<00:00:19.680> get<00:00:19.840> going<00:00:20.080> yeah

yeah and we'll get going yeah

yeah and we'll get going yeah nice

nice

nice mata<00:00:22.560> kazu<00:00:22.800> welcome<00:00:23.039> to<00:00:23.199> the<00:00:23.279> channel<00:00:23.600> thanks

mata kazu welcome to the channel thanks

mata kazu welcome to the channel thanks for<00:00:23.920> having<00:00:24.080> me<00:00:24.480> so<00:00:24.640> i'm<00:00:24.720> just<00:00:24.880> going<00:00:24.960> to

for having me so i'm just going to

for having me so i'm just going to introduce<00:00:25.439> very<00:00:25.599> quickly<00:00:26.080> to<00:00:26.240> the<00:00:26.400> people

introduce very quickly to the people

introduce very quickly to the people watching<00:00:27.199> how<00:00:27.359> we<00:00:27.519> got<00:00:27.599> to<00:00:27.680> know<00:00:27.920> each<00:00:28.080> other

watching how we got to know each other

watching how we got to know each other so<00:00:29.039> um

so um

so um as<00:00:31.599> people<00:00:31.840> who've<00:00:31.920> been<00:00:32.079> watching<00:00:32.239> the

as people who've been watching the

as people who've been watching the channel<00:00:32.640> know<00:00:33.120> i've<00:00:33.280> been<00:00:33.440> doing<00:00:33.680> a<00:00:33.680> lot<00:00:33.840> of

channel know i've been doing a lot of

channel know i've been doing a lot of talking<00:00:34.239> about<00:00:34.399> markets<00:00:34.960> and<00:00:35.120> about<00:00:35.360> crypto

talking about markets and about crypto

talking about markets and about crypto in<00:00:36.079> the<00:00:36.160> last<00:00:36.399> couple<00:00:36.559> of<00:00:36.719> years

in the last couple of years

in the last couple of years and<00:00:38.079> um

and um

and um because<00:00:39.600> of<00:00:39.680> the<00:00:39.760> stuff<00:00:39.920> that<00:00:40.000> i've<00:00:40.079> been

because of the stuff that i've been

because of the stuff that i've been talking<00:00:40.480> about<00:00:40.640> a<00:00:40.719> few<00:00:40.879> of<00:00:40.960> my<00:00:41.120> friends<00:00:41.760> sort

talking about a few of my friends sort

talking about a few of my friends sort of<00:00:42.399> saw<00:00:42.640> stuff<00:00:42.879> that<00:00:42.960> i<00:00:43.120> said<00:00:43.360> about<00:00:43.600> things

of saw stuff that i said about things

of saw stuff that i said about things like<00:00:44.000> gold<00:00:44.320> going<00:00:44.640> up<00:00:45.200> things<00:00:45.440> happen<00:00:45.600> in<00:00:45.680> the

like gold going up things happen in the

like gold going up things happen in the markets<00:00:46.399> and<00:00:46.559> um<00:00:47.120> they<00:00:47.280> got<00:00:47.440> involved<00:00:47.840> in

markets and um they got involved in

markets and um they got involved in financial<00:00:48.320> markets<00:00:48.640> they<00:00:48.719> got<00:00:48.800> involved<00:00:49.120> in

financial markets they got involved in

financial markets they got involved in trading

trading

trading and<00:00:50.559> um

and um

and um i<00:00:51.920> found<00:00:52.160> that<00:00:52.239> a<00:00:52.320> few<00:00:52.480> of<00:00:52.640> my<00:00:52.800> friends<00:00:53.199> who

i found that a few of my friends who

i found that a few of my friends who followed<00:00:53.840> my<00:00:54.000> tips<00:00:54.320> actually<00:00:54.559> managed<00:00:54.879> to

followed my tips actually managed to

followed my tips actually managed to lose<00:00:55.199> money<00:00:55.760> even<00:00:56.000> though<00:00:56.719> these<00:00:56.879> were

lose money even though these were

lose money even though these were winning<00:00:57.360> tips<00:00:58.320> and<00:00:58.559> um

winning tips and um

winning tips and um from<00:01:00.480> that<00:01:00.640> i<00:01:00.800> started<00:01:01.039> to<00:01:01.120> realize<00:01:01.359> a<00:01:01.440> lot<00:01:01.600> of

from that i started to realize a lot of

from that i started to realize a lot of other<00:01:01.840> people<00:01:02.079> i<00:01:02.160> know<00:01:02.320> had<00:01:02.399> gotten<00:01:02.559> involved

other people i know had gotten involved

other people i know had gotten involved in<00:01:03.039> trading<00:01:03.359> as<00:01:03.440> well<00:01:03.680> got<00:01:03.840> involved<00:01:04.159> in

in trading as well got involved in

in trading as well got involved in cryptocurrency<00:01:05.439> and<00:01:05.680> um<00:01:06.080> basically<00:01:06.479> i<00:01:06.560> saw<00:01:06.720> a

cryptocurrency and um basically i saw a

cryptocurrency and um basically i saw a lot<00:01:06.960> of<00:01:07.439> my<00:01:07.600> personal<00:01:07.920> friends<00:01:08.159> losing<00:01:08.400> money

lot of my personal friends losing money

lot of my personal friends losing money um

um

um i<00:01:10.720> saw<00:01:10.960> you<00:01:11.119> give<00:01:11.280> an<00:01:11.360> interview<00:01:11.680> on<00:01:11.760> some

i saw you give an interview on some

i saw you give an interview on some channel<00:01:12.240> on<00:01:12.560> tv<00:01:13.119> about<00:01:13.360> gambling

channel on tv about gambling

channel on tv about gambling uh<00:01:14.720> it<00:01:14.799> sounded<00:01:15.040> like<00:01:15.200> you<00:01:15.360> knew<00:01:15.439> your<00:01:15.600> stuff

uh it sounded like you knew your stuff

uh it sounded like you knew your stuff you're<00:01:15.920> obviously<00:01:16.159> an<00:01:16.320> expert<00:01:16.560> in<00:01:16.640> gambling

you're obviously an expert in gambling

you're obviously an expert in gambling and<00:01:17.759> um<00:01:18.240> i<00:01:18.320> got<00:01:18.479> in<00:01:18.560> touch<00:01:18.799> with<00:01:18.960> you<00:01:19.119> to<00:01:19.200> see

and um i got in touch with you to see

and um i got in touch with you to see whether<00:01:19.680> basically<00:01:20.080> you<00:01:20.240> had<00:01:20.479> seen

whether basically you had seen

whether basically you had seen these<00:01:22.080> things<00:01:22.320> happening<00:01:22.799> because

these things happening because

these things happening because the<00:01:24.240> people<00:01:24.479> we<00:01:24.640> see<00:01:24.799> on<00:01:24.880> the<00:01:25.040> internet

the people we see on the internet

the people we see on the internet youtube<00:01:26.159> and<00:01:26.320> instagram<00:01:26.880> generally<00:01:27.280> talking

youtube and instagram generally talking

youtube and instagram generally talking about<00:01:28.000> online<00:01:28.400> trading<00:01:28.960> crypto

about online trading crypto

about online trading crypto they<00:01:30.240> seem<00:01:30.400> to<00:01:30.479> be<00:01:30.560> making<00:01:30.799> money<00:01:31.600> but<00:01:31.759> the

they seem to be making money but the

they seem to be making money but the people<00:01:32.159> in<00:01:32.240> my<00:01:32.400> personal<00:01:32.799> life<00:01:33.040> who<00:01:33.119> are<00:01:33.200> doing

people in my personal life who are doing

people in my personal life who are doing these<00:01:33.520> things<00:01:33.680> seem<00:01:33.840> to<00:01:33.920> be<00:01:34.079> losing<00:01:34.400> money<00:01:35.200> so

these things seem to be losing money so

these things seem to be losing money so as<00:01:36.479> an<00:01:36.560> expert<00:01:36.880> on<00:01:36.960> gambling<00:01:37.360> what<00:01:37.520> are<00:01:37.600> you

as an expert on gambling what are you

as an expert on gambling what are you seeing<00:01:38.240> yeah<00:01:38.640> i<00:01:38.720> think<00:01:38.960> it's<00:01:39.360> it's<00:01:39.759> must<00:01:40.000> be

seeing yeah i think it's it's must be

seeing yeah i think it's it's must be very<00:01:40.479> easy<00:01:40.720> to<00:01:40.880> convince<00:01:41.200> yourself<00:01:41.600> if<00:01:41.759> you

very easy to convince yourself if you

very easy to convince yourself if you bought<00:01:42.159> into<00:01:42.399> one<00:01:42.560> of<00:01:42.640> the<00:01:42.720> cryptocurrencies

bought into one of the cryptocurrencies

bought into one of the cryptocurrencies uh<00:01:44.720> maybe

uh maybe

uh maybe six<00:01:46.000> seven<00:01:46.320> years<00:01:46.560> ago<00:01:47.119> uh<00:01:47.360> when<00:01:47.520> it<00:01:47.600> was<00:01:47.759> a<00:01:47.840> few

six seven years ago uh when it was a few

six seven years ago uh when it was a few hundred<00:01:48.320> dollars<00:01:49.200> and<00:01:49.439> you<00:01:49.600> saw<00:01:49.840> it<00:01:49.920> go<00:01:50.159> up<00:01:50.320> to

hundred dollars and you saw it go up to

hundred dollars and you saw it go up to thirty<00:01:51.439> thousand<00:01:51.920> forty<00:01:52.240> thousand<00:01:52.560> dollars

thirty thousand forty thousand dollars

thirty thousand forty thousand dollars to<00:01:53.360> feel<00:01:53.600> like<00:01:53.840> an<00:01:54.000> expert<00:01:54.399> to<00:01:54.560> feel<00:01:54.799> like<00:01:54.960> you

to feel like an expert to feel like you

to feel like an expert to feel like you really<00:01:55.920> know<00:01:56.159> your<00:01:56.399> stuff

really know your stuff

really know your stuff and<00:01:57.920> to<00:01:58.479> want<00:01:58.719> to<00:01:58.960> impart<00:01:59.360> that<00:01:59.520> wisdom<00:02:00.000> to

and to want to impart that wisdom to

and to want to impart that wisdom to others

others

others so<00:02:01.280> i<00:02:01.360> think<00:02:01.520> we're<00:02:01.600> seeing<00:02:01.759> a<00:02:01.840> lot<00:02:02.000> of<00:02:02.079> that<00:02:02.640> at

so i think we're seeing a lot of that at

so i think we're seeing a lot of that at the<00:02:02.799> moment<00:02:03.200> there's<00:02:03.280> lots<00:02:03.520> of<00:02:03.600> people<00:02:03.759> that

the moment there's lots of people that

the moment there's lots of people that bought<00:02:04.320> into

bought into

bought into bought<00:02:05.920> into<00:02:06.159> crypto<00:02:06.479> very<00:02:06.719> early<00:02:06.960> on<00:02:07.119> who

bought into crypto very early on who

bought into crypto very early on who have<00:02:07.280> made<00:02:07.439> a<00:02:07.520> lot<00:02:07.680> of<00:02:07.759> money<00:02:08.080> that's<00:02:08.319> it

have made a lot of money that's it

have made a lot of money that's it that's<00:02:08.640> indisputable

that's indisputable

that's indisputable but<00:02:10.239> they've<00:02:10.720> made<00:02:10.879> a<00:02:10.879> lot<00:02:10.959> of<00:02:11.039> money<00:02:11.280> because

but they've made a lot of money because

but they've made a lot of money because they've<00:02:11.680> been<00:02:11.760> able<00:02:11.920> to<00:02:12.080> sell<00:02:12.239> their<00:02:12.400> crypto

they've been able to sell their crypto

they've been able to sell their crypto to<00:02:12.959> people<00:02:13.120> who<00:02:13.280> are<00:02:13.360> buying<00:02:13.680> in<00:02:13.840> now

to people who are buying in now

to people who are buying in now and

and

and that<00:02:16.640> needs<00:02:16.879> to<00:02:16.959> be<00:02:17.120> sustained<00:02:17.840> if<00:02:18.080> people<00:02:18.319> who

that needs to be sustained if people who

that needs to be sustained if people who buy<00:02:18.800> in<00:02:18.959> now

buy in now

buy in now want<00:02:20.800> to<00:02:20.959> make<00:02:21.120> money<00:02:21.360> as<00:02:21.440> well<00:02:22.160> so<00:02:22.720> what<00:02:22.879> you

want to make money as well so what you

want to make money as well so what you see<00:02:23.440> is<00:02:24.000> a<00:02:24.080> lot<00:02:24.239> i<00:02:24.319> think<00:02:24.480> on<00:02:24.640> social<00:02:24.879> media<00:02:25.200> now

see is a lot i think on social media now

see is a lot i think on social media now is<00:02:25.440> this<00:02:25.599> phenomenon<00:02:26.160> of<00:02:26.640> almost<00:02:26.959> what<00:02:27.120> i<00:02:27.200> call

is this phenomenon of almost what i call

is this phenomenon of almost what i call crypto<00:02:27.760> evangelism<00:02:28.800> where<00:02:29.040> you'll<00:02:29.680> see

crypto evangelism where you'll see

crypto evangelism where you'll see people<00:02:30.160> buying<00:02:30.480> into<00:02:30.720> particular<00:02:31.200> coins

people buying into particular coins

people buying into particular coins and<00:02:32.319> then<00:02:32.560> becoming<00:02:33.120> their<00:02:33.440> biggest<00:02:33.920> sales

and then becoming their biggest sales

and then becoming their biggest sales people<00:02:34.840> almost<00:02:35.760> and

people almost and

people almost and the<00:02:36.959> newer<00:02:37.280> kind<00:02:37.440> of<00:02:37.519> social<00:02:37.760> media<00:02:38.000> platforms

the newer kind of social media platforms

the newer kind of social media platforms like<00:02:38.560> tick<00:02:38.800> tock<00:02:39.040> i<00:02:39.120> think<00:02:39.280> are<00:02:39.440> really<00:02:39.680> geared

like tick tock i think are really geared

like tick tock i think are really geared towards<00:02:40.319> this<00:02:40.560> because

towards this because

towards this because if<00:02:41.680> on<00:02:41.840> tick<00:02:42.080> tock<00:02:42.239> the<00:02:42.400> algorithm<00:02:42.800> works<00:02:43.040> in<00:02:43.200> a

if on tick tock the algorithm works in a

if on tick tock the algorithm works in a way<00:02:43.440> that<00:02:43.680> if<00:02:43.840> you<00:02:44.400> watch<00:02:44.640> the<00:02:45.040> piece<00:02:45.280> of

way that if you watch the piece of

way that if you watch the piece of content<00:02:45.760> to<00:02:45.920> the<00:02:46.080> end<00:02:46.480> it<00:02:46.640> will<00:02:46.800> start<00:02:47.040> showing

content to the end it will start showing

content to the end it will start showing you<00:02:47.680> lots<00:02:48.000> more<00:02:48.239> of<00:02:48.319> that<00:02:48.959> topic<00:02:49.599> and<00:02:50.319> really

you lots more of that topic and really

you lots more of that topic and really take<00:02:50.800> you<00:02:50.959> down<00:02:51.360> rabbit<00:02:51.680> holes<00:02:52.480> and

take you down rabbit holes and

take you down rabbit holes and the<00:02:53.599> amount<00:02:53.840> of<00:02:53.920> videos<00:02:54.160> you<00:02:54.319> can<00:02:54.400> watch<00:02:54.720> on

the amount of videos you can watch on

the amount of videos you can watch on tiktok<00:02:55.280> in<00:02:55.360> a<00:02:55.440> short<00:02:55.599> space<00:02:55.920> of<00:02:56.000> time

tiktok in a short space of time

tiktok in a short space of time it<00:02:57.120> leads<00:02:57.440> it<00:02:57.519> lends<00:02:57.840> itself<00:02:58.159> to<00:02:58.319> almost

it leads it lends itself to almost

it leads it lends itself to almost conditioning<00:02:59.280> and

conditioning and

conditioning and it<00:03:00.879> can<00:03:00.959> be<00:03:01.120> very<00:03:01.280> very<00:03:01.440> persuasive

it can be very very persuasive

it can be very very persuasive particularly<00:03:02.400> if<00:03:02.480> people<00:03:02.800> have<00:03:03.040> made<00:03:03.200> money

particularly if people have made money

particularly if people have made money in<00:03:03.599> the<00:03:03.680> past

in the past

in the past so<00:03:05.040> i<00:03:05.120> think<00:03:05.440> that<00:03:05.840> all<00:03:06.000> of<00:03:06.159> these<00:03:06.400> things

so i think that all of these things

so i think that all of these things contribute<00:03:08.560> to

contribute to

contribute to fueling<00:03:09.760> the<00:03:09.920> crypto<00:03:10.400> bubble

fueling the crypto bubble

fueling the crypto bubble and<00:03:12.159> that's<00:03:12.480> really<00:03:12.640> what<00:03:12.800> it<00:03:12.959> is<00:03:13.040> because<00:03:13.280> i

and that's really what it is because i

and that's really what it is because i think<00:03:13.519> people

think people

think people i<00:03:15.760> don't<00:03:15.920> know<00:03:16.480> i<00:03:16.560> don't<00:03:16.720> know<00:03:16.959> to<00:03:17.120> what<00:03:17.360> degree

i don't know i don't know to what degree

i don't know i don't know to what degree people<00:03:18.080> are<00:03:18.239> buying<00:03:18.560> into<00:03:18.879> it<00:03:19.360> because<00:03:19.599> they

people are buying into it because they

people are buying into it because they feel<00:03:19.920> like<00:03:20.000> they're<00:03:20.159> owning<00:03:20.400> a<00:03:20.480> piece<00:03:20.640> of<00:03:20.720> the

feel like they're owning a piece of the

feel like they're owning a piece of the future<00:03:21.680> or<00:03:21.840> if<00:03:22.000> people<00:03:22.239> are<00:03:22.319> buying<00:03:22.560> into<00:03:22.879> it

future or if people are buying into it

future or if people are buying into it because

because

because it's<00:03:24.239> a<00:03:24.319> speculative<00:03:24.959> asset<00:03:25.760> and<00:03:25.920> they<00:03:26.080> just

it's a speculative asset and they just

it's a speculative asset and they just want<00:03:26.400> to<00:03:26.480> make<00:03:27.120> a<00:03:27.360> bit<00:03:27.519> of<00:03:27.599> money<00:03:27.840> in<00:03:27.920> the<00:03:28.000> short

want to make a bit of money in the short

want to make a bit of money in the short term

term

term so<00:03:30.239> my<00:03:30.840> concern<00:03:32.000> is<00:03:32.159> i<00:03:32.239> think<00:03:32.879> if<00:03:33.040> you<00:03:33.280> are<00:03:33.680> you

so my concern is i think if you are you

so my concern is i think if you are you know<00:03:33.920> a<00:03:34.000> young<00:03:34.239> person<00:03:34.480> on<00:03:34.560> the<00:03:34.640> internet<00:03:35.040> now

know a young person on the internet now

know a young person on the internet now research<00:03:35.920> these<00:03:36.080> things<00:03:36.480> yeah<00:03:36.879> crypto<00:03:37.360> and

research these things yeah crypto and

research these things yeah crypto and it's<00:03:37.680> not<00:03:37.920> it's<00:03:38.080> not<00:03:38.239> just<00:03:38.400> crypto<00:03:38.720> there's

it's not it's not just crypto there's

it's not it's not just crypto there's also<00:03:39.680> fx<00:03:40.080> trading

also fx trading

also fx trading cfd<00:03:41.760> spread<00:03:42.080> betting<00:03:42.799> all<00:03:43.040> of<00:03:43.120> these

cfd spread betting all of these

cfd spread betting all of these trading<00:03:44.959> activities<00:03:45.440> have<00:03:45.599> become<00:03:45.920> massively

trading activities have become massively

trading activities have become massively more<00:03:46.480> popular<00:03:46.799> in<00:03:46.799> the<00:03:46.879> last<00:03:47.120> two<00:03:47.280> years

more popular in the last two years

more popular in the last two years if<00:03:48.560> you<00:03:48.959> search<00:03:49.200> these<00:03:49.280> things<00:03:49.519> on<00:03:49.680> for

if you search these things on for

if you search these things on for example<00:03:50.239> youtube

example youtube

example youtube you'll<00:03:51.760> see<00:03:52.000> loads<00:03:52.319> of<00:03:52.400> videos<00:03:52.799> of<00:03:52.959> people

you'll see loads of videos of people

you'll see loads of videos of people saying<00:03:53.439> they've<00:03:53.599> made<00:03:53.760> loads<00:03:53.920> of<00:03:54.000> money

saying they've made loads of money

saying they've made loads of money you'll<00:03:55.360> see<00:03:55.519> on<00:03:55.599> youtube<00:03:55.920> guaranteed<00:03:56.560> fx

you'll see on youtube guaranteed fx

you'll see on youtube guaranteed fx trading<00:03:57.760> guaranteed<00:03:58.239> 100<00:03:58.640> profit<00:03:58.959> strategy

trading guaranteed 100 profit strategy

trading guaranteed 100 profit strategy um

um

um you<00:04:01.200> know<00:04:01.360> i<00:04:01.439> see<00:04:01.599> you<00:04:01.680> guys<00:04:01.840> on<00:04:02.000> instagram

you know i see you guys on instagram

you know i see you guys on instagram posting<00:04:02.720> like<00:04:03.200> 20<00:04:03.519> trades<00:04:03.760> in<00:04:03.840> a<00:04:03.920> row<00:04:04.080> they

posting like 20 trades in a row they

posting like 20 trades in a row they made<00:04:04.319> money<00:04:04.560> on<00:04:04.640> every<00:04:04.879> trade

i<00:04:07.439> think<00:04:07.920> from<00:04:08.159> the<00:04:08.239> perspective<00:04:08.720> of<00:04:08.799> somebody

i think from the perspective of somebody

i think from the perspective of somebody watching<00:04:09.519> this<00:04:09.680> on<00:04:09.760> the<00:04:09.920> internet

watching this on the internet

watching this on the internet it<00:04:11.280> seems<00:04:11.519> like<00:04:11.599> everybody's<00:04:12.000> making<00:04:12.239> money

it seems like everybody's making money

it seems like everybody's making money um

um

um but<00:04:15.120> you<00:04:15.200> know<00:04:15.360> i'm<00:04:15.599> a<00:04:15.680> former<00:04:16.000> professional

but you know i'm a former professional

but you know i'm a former professional trader

trader

trader and<00:04:17.680> uh<00:04:18.079> one<00:04:18.320> thing<00:04:18.479> i<00:04:18.639> know<00:04:18.799> about<00:04:19.040> trading<00:04:19.440> is

and uh one thing i know about trading is

and uh one thing i know about trading is people

people

people like<00:04:21.519> to<00:04:21.680> talk<00:04:22.240> a<00:04:22.320> lot<00:04:22.479> more<00:04:22.639> publicly<00:04:23.040> about

like to talk a lot more publicly about

like to talk a lot more publicly about their<00:04:23.360> wins<00:04:23.680> and<00:04:23.759> their<00:04:23.919> losses<00:04:24.320> right

so<00:04:27.520> i<00:04:27.600> was<00:04:27.840> wondering<00:04:28.160> whether<00:04:28.400> you<00:04:28.639> as

so i was wondering whether you as

so i was wondering whether you as somebody<00:04:29.199> who<00:04:29.759> you<00:04:29.919> know<00:04:30.000> you<00:04:30.240> you<00:04:30.479> work<00:04:30.720> now

somebody who you know you you work now

somebody who you know you you work now we'll<00:04:31.040> talk<00:04:31.280> a<00:04:31.280> little<00:04:31.440> bit<00:04:31.520> about<00:04:31.680> what<00:04:31.840> you

we'll talk a little bit about what you

we'll talk a little bit about what you do<00:04:32.160> now<00:04:32.479> you<00:04:32.720> work<00:04:33.040> in

do now you work in

do now you work in for<00:04:34.400> a<00:04:34.479> gambling<00:04:35.040> charity<00:04:35.440> basically<00:04:35.840> that

for a gambling charity basically that

for a gambling charity basically that helps<00:04:36.160> people<00:04:36.479> recovering<00:04:36.880> from<00:04:37.040> gunning

helps people recovering from gunning

helps people recovering from gunning addictions

addictions

addictions are<00:04:39.600> you<00:04:39.759> seeing<00:04:39.919> a<00:04:40.000> lot<00:04:40.080> of<00:04:40.160> people<00:04:40.320> who've

are you seeing a lot of people who've

are you seeing a lot of people who've made<00:04:40.880> losses<00:04:41.199> on<00:04:41.280> these<00:04:41.440> things<00:04:42.160> yeah<00:04:42.400> i<00:04:42.479> mean

made losses on these things yeah i mean

made losses on these things yeah i mean our<00:04:42.800> focus<00:04:43.040> with<00:04:43.199> cleanup<00:04:43.520> gambling<00:04:43.919> is

our focus with cleanup gambling is

our focus with cleanup gambling is obviously<00:04:44.240> we're<00:04:44.400> trying<00:04:44.639> to<00:04:45.040> change<00:04:45.280> the<00:04:45.440> law

obviously we're trying to change the law

obviously we're trying to change the law so<00:04:46.160> we<00:04:46.320> can<00:04:46.720> prevent<00:04:47.120> gambling<00:04:47.440> related<00:04:47.840> harm

so we can prevent gambling related harm

so we can prevent gambling related harm and<00:04:49.120> in<00:04:49.280> the<00:04:49.440> work<00:04:49.680> that<00:04:49.840> i<00:04:49.919> do<00:04:50.160> with<00:04:50.560> with

and in the work that i do with with

and in the work that i do with with ganban<00:04:51.360> which<00:04:51.520> is<00:04:51.680> blocking<00:04:52.080> software<00:04:52.400> for

ganban which is blocking software for

ganban which is blocking software for people<00:04:52.720> to<00:04:52.800> get<00:04:52.880> addicted<00:04:53.199> to<00:04:53.360> gambling

people to get addicted to gambling

people to get addicted to gambling we<00:04:54.800> we<00:04:55.040> work<00:04:55.280> very<00:04:55.520> closely<00:04:55.759> with<00:04:55.840> the

we we work very closely with the

we we work very closely with the national<00:04:56.240> gambling<00:04:56.560> helpline<00:04:57.040> with<00:04:57.199> gam<00:04:57.440> care

national gambling helpline with gam care

national gambling helpline with gam care which<00:04:57.919> provides<00:04:58.400> treatment<00:04:59.280> and<00:04:59.440> they're

which provides treatment and they're

which provides treatment and they're reporting<00:05:00.400> a<00:05:00.560> huge<00:05:00.880> a<00:05:01.039> huge<00:05:01.360> increase<00:05:01.840> in

reporting a huge a huge increase in

reporting a huge a huge increase in people<00:05:02.800> phoning<00:05:03.120> the<00:05:03.199> helpline<00:05:04.000> saying<00:05:04.240> that

people phoning the helpline saying that

people phoning the helpline saying that they<00:05:04.400> got<00:05:04.560> addicted<00:05:04.960> to

they got addicted to

they got addicted to crypto<00:05:07.120> cfds

crypto cfds

crypto cfds forex<00:05:10.000> all<00:05:10.160> these<00:05:10.320> types<00:05:10.560> of

forex all these types of

forex all these types of platforms<00:05:11.919> that<00:05:12.160> exist<00:05:12.479> i<00:05:12.560> think<00:05:12.800> at<00:05:12.880> the

platforms that exist i think at the

platforms that exist i think at the moment

moment

moment on<00:05:14.080> the<00:05:14.240> regulatory<00:05:14.800> perimeter<00:05:15.440> of<00:05:15.680> the<00:05:15.840> fca

on the regulatory perimeter of the fca

on the regulatory perimeter of the fca of<00:05:16.560> the<00:05:16.639> financial<00:05:16.960> conduct<00:05:17.199> authority

of the financial conduct authority

of the financial conduct authority they're<00:05:18.000> not<00:05:18.240> really

they're not really

they're not really seen<00:05:19.440> as<00:05:19.520> gambling<00:05:19.919> products<00:05:20.400> but<00:05:21.039> they<00:05:21.280> are

seen as gambling products but they are

seen as gambling products but they are linked<00:05:21.600> to<00:05:21.680> gambling<00:05:22.000> related<00:05:22.320> harm<00:05:22.639> so<00:05:22.800> we've

linked to gambling related harm so we've

linked to gambling related harm so we've started<00:05:23.280> to<00:05:23.440> block<00:05:24.240> these<00:05:24.479> platforms<00:05:24.960> now<00:05:25.120> for

started to block these platforms now for

started to block these platforms now for people<00:05:25.520> that<00:05:25.600> use<00:05:25.840> gamba<00:05:26.240> and<00:05:26.320> the<00:05:26.400> blocking

people that use gamba and the blocking

people that use gamba and the blocking software<00:05:27.039> because<00:05:27.280> we<00:05:27.360> think<00:05:27.520> that<00:05:27.919> if<00:05:28.080> you're

software because we think that if you're

software because we think that if you're addicted<00:05:28.479> to<00:05:28.560> gambling<00:05:29.199> you<00:05:29.280> know<00:05:29.440> it's<00:05:29.600> just

addicted to gambling you know it's just

addicted to gambling you know it's just gonna<00:05:30.320> you<00:05:30.400> can<00:05:30.800> self-exclude<00:05:31.360> from<00:05:31.600> gambling

gonna you can self-exclude from gambling

gonna you can self-exclude from gambling and<00:05:32.160> you<00:05:32.240> can

and you can

and you can block<00:05:33.520> gambling<00:05:33.840> sites<00:05:34.080> with<00:05:34.240> our<00:05:34.639> software

block gambling sites with our software

block gambling sites with our software but

but

but it's<00:05:36.479> not<00:05:36.720> right<00:05:36.960> that<00:05:37.120> we<00:05:37.280> leave<00:05:37.600> those<00:05:38.320> sites

it's not right that we leave those sites

it's not right that we leave those sites those<00:05:39.039> types<00:05:39.280> of<00:05:39.360> platforms<00:05:39.840> accessible

those types of platforms accessible

those types of platforms accessible particularly<00:05:40.720> crypto<00:05:41.759> and<00:05:41.919> it's<00:05:42.000> the

particularly crypto and it's the

particularly crypto and it's the volatility<00:05:42.720> of<00:05:42.880> it<00:05:43.199> you<00:05:43.360> know<00:05:43.440> i<00:05:43.520> think<00:05:43.759> that

volatility of it you know i think that

volatility of it you know i think that you<00:05:45.280> know<00:05:45.840> anything<00:05:46.080> that<00:05:46.240> lends<00:05:46.560> itself

you know anything that lends itself

you know anything that lends itself even

even

even um

um

um day<00:05:50.080> trading<00:05:50.880> and<00:05:52.000> you<00:05:52.080> know

day trading and you know

day trading and you know through<00:05:53.199> retail<00:05:53.520> investment<00:05:53.919> platforms<00:05:54.240> like

through retail investment platforms like

through retail investment platforms like free<00:05:54.639> trade<00:05:54.880> anything<00:05:55.199> that<00:05:55.280> lends<00:05:55.600> itself<00:05:55.919> to

free trade anything that lends itself to

free trade anything that lends itself to over<00:05:56.400> trading<00:05:57.280> and<00:05:57.759> constantly<00:05:58.240> checking

over trading and constantly checking

over trading and constantly checking the

the

the the<00:06:00.080> app<00:06:00.479> and

the app and

the app and being<00:06:02.479> nudged<00:06:02.960> into

being nudged into

being nudged into take<00:06:04.240> changing<00:06:04.560> your<00:06:04.720> position<00:06:05.520> all<00:06:05.680> the<00:06:05.759> time

take changing your position all the time

take changing your position all the time which<00:06:06.720> is<00:06:06.800> what<00:06:07.039> these<00:06:07.440> platforms<00:06:08.000> make<00:06:08.160> money

which is what these platforms make money

which is what these platforms make money on<00:06:08.560> they<00:06:08.639> make<00:06:08.800> money<00:06:09.039> on<00:06:09.199> the<00:06:09.360> commissions<00:06:09.840> on

on they make money on the commissions on

on they make money on the commissions on the<00:06:10.080> trades

the trades

the trades it's<00:06:11.360> not<00:06:11.759> optimum<00:06:12.400> retail<00:06:12.720> investment

it's not optimum retail investment

it's not optimum retail investment strategy<00:06:13.919> and<00:06:14.319> like<00:06:14.880> if<00:06:15.039> you<00:06:15.199> were<00:06:15.680> actually

strategy and like if you were actually

strategy and like if you were actually convinced<00:06:17.680> that<00:06:17.840> if<00:06:18.319> everything<00:06:18.720> in<00:06:18.800> the

convinced that if everything in the

convinced that if everything in the future<00:06:19.199> in<00:06:19.280> web<00:06:19.600> 3.0<00:06:20.160> was<00:06:20.319> going<00:06:20.400> to<00:06:20.479> be<00:06:20.560> on<00:06:20.639> the

future in web 3.0 was going to be on the

future in web 3.0 was going to be on the ethereum<00:06:21.280> blockchain

ethereum blockchain

ethereum blockchain you<00:06:22.639> wouldn't<00:06:22.960> get<00:06:23.199> hypersensitive<00:06:24.080> about

you wouldn't get hypersensitive about

you wouldn't get hypersensitive about people<00:06:24.639> saying<00:06:24.880> that<00:06:25.120> crypto<00:06:25.520> might<00:06:25.759> crash

people saying that crypto might crash

people saying that crypto might crash you<00:06:26.319> would

you would

you would yeah<00:06:28.160> this<00:06:28.479> i<00:06:28.560> put<00:06:28.720> a<00:06:28.800> video<00:06:29.039> up<00:06:29.199> about<00:06:29.440> crypto

yeah this i put a video up about crypto

yeah this i put a video up about crypto in<00:06:29.840> the<00:06:29.919> last<00:06:30.080> few<00:06:30.240> weeks<00:06:30.639> and<00:06:30.800> um

in the last few weeks and um

in the last few weeks and um i've<00:06:32.000> been<00:06:32.479> relatively<00:06:32.960> outspoken<00:06:33.840> that<00:06:34.080> i

i've been relatively outspoken that i

i've been relatively outspoken that i think<00:06:34.400> crypto

think crypto

think crypto is<00:06:36.720> basically<00:06:37.120> a<00:06:37.199> scam<00:06:38.000> we'll<00:06:38.160> get<00:06:38.400> a<00:06:38.479> lot<00:06:38.560> of

is basically a scam we'll get a lot of

is basically a scam we'll get a lot of negative<00:06:38.960> comments<00:06:39.280> from<00:06:39.360> me<00:06:39.440> just<00:06:39.600> saying

negative comments from me just saying

negative comments from me just saying that<00:06:40.240> i<00:06:40.400> think<00:06:40.880> that<00:06:41.120> it's

that i think that it's

that i think that it's yeah<00:06:42.319> i<00:06:42.400> think<00:06:42.560> i<00:06:42.639> think<00:06:42.800> essentially<00:06:43.360> it's<00:06:43.440> a

yeah i think i think essentially it's a

yeah i think i think essentially it's a scam<00:06:43.919> basically<00:06:44.240> you<00:06:44.319> know

scam basically you know

scam basically you know these<00:06:45.680> coins<00:06:46.080> are<00:06:46.319> invented<00:06:46.880> by

these coins are invented by

these coins are invented by industries<00:06:49.680> basically<00:06:50.160> and<00:06:50.240> they<00:06:50.400> sell<00:06:50.639> them

industries basically and they sell them

industries basically and they sell them to<00:06:50.800> ordinary<00:06:51.280> people<00:06:51.680> on<00:06:51.759> the<00:06:51.919> promise<00:06:52.240> that

to ordinary people on the promise that

to ordinary people on the promise that they<00:06:52.560> will<00:06:52.720> go<00:06:52.880> up<00:06:53.039> and<00:06:53.120> people<00:06:53.360> buy<00:06:53.599> them

they will go up and people buy them

they will go up and people buy them because<00:06:54.160> they<00:06:54.319> think<00:06:54.479> they<00:06:54.639> will<00:06:54.720> go<00:06:54.880> up<00:06:55.599> um

because they think they will go up um

because they think they will go up um what<00:06:57.759> i<00:06:57.840> find<00:06:58.080> interesting<00:06:58.639> i<00:06:58.720> put<00:06:58.880> this<00:06:58.960> video

what i find interesting i put this video

what i find interesting i put this video up<00:06:59.440> is<00:06:59.759> you<00:06:59.840> know

up is you know

up is you know i<00:07:01.919> get<00:07:02.240> very<00:07:02.560> very<00:07:03.039> angry<00:07:03.360> replies<00:07:03.840> about<00:07:04.080> this

i get very very angry replies about this

i get very very angry replies about this video<00:07:04.639> okay<00:07:05.120> and<00:07:05.360> um

video okay and um

video okay and um you<00:07:06.800> know<00:07:06.960> i'm<00:07:07.039> a<00:07:07.120> former<00:07:07.440> professional

you know i'm a former professional

you know i'm a former professional trader<00:07:08.319> i<00:07:08.479> was<00:07:09.199> at<00:07:09.360> one<00:07:09.599> point

trader i was at one point

trader i was at one point the<00:07:10.880> most<00:07:11.120> successful<00:07:11.520> trader<00:07:11.759> in<00:07:11.840> the<00:07:11.919> world

the most successful trader in the world

the most successful trader in the world one<00:07:12.319> of<00:07:12.319> the<00:07:12.400> biggest<00:07:12.639> banks<00:07:12.880> in<00:07:12.960> the<00:07:13.039> world

one of the biggest banks in the world

one of the biggest banks in the world i've<00:07:14.000> got<00:07:14.160> very<00:07:14.319> good<00:07:14.479> track<00:07:14.639> record<00:07:15.039> trading

i've got very good track record trading

i've got very good track record trading you<00:07:15.520> know<00:07:15.680> i've<00:07:16.080> i've<00:07:16.560> got<00:07:16.720> my<00:07:16.880> predictions

you know i've i've got my predictions

you know i've i've got my predictions for<00:07:17.440> this<00:07:17.599> crisis<00:07:18.319> out<00:07:18.560> there<00:07:18.880> published

for this crisis out there published

for this crisis out there published people<00:07:19.520> can<00:07:19.599> go<00:07:19.759> and<00:07:19.840> look<00:07:20.000> at<00:07:20.080> my<00:07:20.240> early

people can go and look at my early

people can go and look at my early covered<00:07:20.880> articles

covered articles

covered articles everything<00:07:22.319> that<00:07:22.400> i<00:07:22.479> said<00:07:22.639> would<00:07:22.720> happen<00:07:23.039> has

everything that i said would happen has

everything that i said would happen has happened<00:07:23.759> gold<00:07:24.000> price<00:07:24.240> went<00:07:24.479> up<00:07:24.560> stock<00:07:24.800> prices

happened gold price went up stock prices

happened gold price went up stock prices went<00:07:25.280> up<00:07:25.360> house<00:07:25.599> prices<00:07:25.840> went<00:07:26.080> up<00:07:26.240> exactly

went up house prices went up exactly

went up house prices went up exactly like<00:07:26.800> i<00:07:27.039> said<00:07:27.199> would<00:07:27.360> happen

like i said would happen

like i said would happen um

um

um and<00:07:29.280> i'm<00:07:29.599> i'm<00:07:29.759> expressing<00:07:30.160> an<00:07:30.240> opinion<00:07:30.720> about

and i'm i'm expressing an opinion about

and i'm i'm expressing an opinion about markets

markets

markets and<00:07:32.319> you<00:07:32.400> know<00:07:32.479> when<00:07:32.639> i<00:07:32.800> say<00:07:32.960> i<00:07:33.039> think<00:07:33.120> the<00:07:33.199> gold

and you know when i say i think the gold

and you know when i say i think the gold price<00:07:33.680> will<00:07:33.759> go<00:07:33.919> up<00:07:34.080> nobody<00:07:34.400> gets<00:07:34.639> angry

price will go up nobody gets angry

price will go up nobody gets angry people<00:07:35.840> that<00:07:36.080> are<00:07:36.160> huddling<00:07:36.720> gold

people that are huddling gold

people that are huddling gold start<00:07:37.840> to<00:07:38.000> troll<00:07:38.240> you<00:07:38.319> then<00:07:38.639> yeah<00:07:38.800> when<00:07:38.960> i<00:07:39.039> say

start to troll you then yeah when i say

start to troll you then yeah when i say property<00:07:39.440> prices<00:07:39.759> will<00:07:39.919> go<00:07:40.160> up<00:07:40.400> some<00:07:40.560> people

property prices will go up some people

property prices will go up some people get<00:07:40.960> upset<00:07:41.199> but<00:07:41.280> nobody<00:07:41.520> gets<00:07:41.759> angry<00:07:42.160> but<00:07:42.319> when

get upset but nobody gets angry but when

get upset but nobody gets angry but when i<00:07:42.639> say<00:07:42.800> i<00:07:42.880> think<00:07:43.039> the<00:07:43.199> crypto<00:07:43.520> price<00:07:43.680> will

i say i think the crypto price will

i say i think the crypto price will eventually<00:07:44.319> fall

eventually fall

eventually fall people<00:07:45.840> blow<00:07:46.080> up

people blow up

people blow up um

um

um why<00:07:49.280> do<00:07:49.360> you<00:07:49.440> think<00:07:49.680> it<00:07:49.919> is

why do you think it is

why do you think it is that<00:07:51.039> people<00:07:51.599> are<00:07:51.840> so

that people are so

that people are so emotionally<00:07:53.759> attached

emotionally attached

emotionally attached to<00:07:55.039> the<00:07:55.199> idea<00:07:55.520> of<00:07:56.000> crypto<00:07:56.400> going<00:07:56.639> up

to the idea of crypto going up

to the idea of crypto going up because<00:07:58.400> i<00:07:58.560> think<00:07:58.879> it's<00:07:59.039> what<00:07:59.199> it's<00:07:59.440> what<00:07:59.599> it

because i think it's what it's what it

because i think it's what it's what it represents<00:08:00.400> like

represents like

represents like i<00:08:01.520> think<00:08:02.080> it<00:08:02.240> is

it<00:08:04.879> is<00:08:05.360> like

it is like

it is like people<00:08:07.120> ha<00:08:07.280> people<00:08:07.520> have<00:08:07.599> a<00:08:07.680> lot<00:08:07.919> invested<00:08:08.319> in

people ha people have a lot invested in

people ha people have a lot invested in it<00:08:08.720> in<00:08:08.800> terms<00:08:09.039> like<00:08:09.280> emotionally<00:08:09.759> but<00:08:10.000> also

it in terms like emotionally but also

it in terms like emotionally but also financially<00:08:10.800> people<00:08:11.039> are<00:08:11.199> involved

financially people are involved

financially people are involved and

and

and they<00:08:13.840> do<00:08:14.000> become<00:08:14.400> as<00:08:14.479> i<00:08:14.560> say<00:08:14.720> like<00:08:14.960> they<00:08:15.039> become

they do become as i say like they become

they do become as i say like they become almost<00:08:15.680> de<00:08:15.840> facto<00:08:16.240> sales<00:08:16.560> people<00:08:16.800> for<00:08:16.960> these

almost de facto sales people for these

almost de facto sales people for these coins<00:08:17.680> because<00:08:17.919> they<00:08:18.080> want<00:08:18.560> everyone<00:08:18.960> to<00:08:19.120> buy

coins because they want everyone to buy

coins because they want everyone to buy in<00:08:19.680> so

in so

in so the<00:08:20.720> price<00:08:21.039> goes<00:08:21.280> up

the price goes up

the price goes up um

um

um they

they

they kind<00:08:25.360> of<00:08:25.520> understand<00:08:25.919> this<00:08:26.080> like<00:08:26.160> that<00:08:26.319> thing

kind of understand this like that thing

kind of understand this like that thing like<00:08:26.720> a<00:08:26.800> little<00:08:26.960> bit<00:08:27.120> of<00:08:27.199> knowledge<00:08:27.440> is<00:08:27.520> a

like a little bit of knowledge is a

like a little bit of knowledge is a dangerous<00:08:28.000> thing<00:08:28.240> they<00:08:28.400> kind<00:08:28.639> of<00:08:28.800> understand

dangerous thing they kind of understand

dangerous thing they kind of understand what<00:08:30.160> it<00:08:30.240> is<00:08:30.479> and<00:08:30.560> the<00:08:30.720> implications<00:08:31.280> of<00:08:31.440> it

what it is and the implications of it

what it is and the implications of it and<00:08:31.680> what<00:08:31.919> it<00:08:32.080> could<00:08:32.320> be<00:08:32.479> used<00:08:32.800> for<00:08:33.039> in<00:08:33.279> theory

and what it could be used for in theory

and what it could be used for in theory in<00:08:33.839> the<00:08:33.919> future

in the future

in the future but<00:08:35.440> they're<00:08:35.599> perhaps<00:08:35.919> not<00:08:36.320> totally

but they're perhaps not totally

but they're perhaps not totally convinced

convinced

convinced about<00:08:38.560> that<00:08:38.959> yeah<00:08:39.360> and<00:08:39.760> it's<00:08:39.919> interesting

about that yeah and it's interesting

about that yeah and it's interesting what<00:08:40.320> you<00:08:40.399> say<00:08:40.560> right<00:08:40.800> if<00:08:40.880> they<00:08:41.039> were

what you say right if they were

what you say right if they were genuinely<00:08:42.000> 100

genuinely 100

genuinely 100 confident<00:08:43.919> yeah<00:08:44.399> that

confident yeah that

confident yeah that these<00:08:45.360> things<00:08:45.600> are<00:08:45.680> going<00:08:45.760> to<00:08:45.839> be<00:08:45.920> used<00:08:46.080> in<00:08:46.160> the

these things are going to be used in the

these things are going to be used in the future<00:08:46.720> but<00:08:46.880> then<00:08:47.040> why<00:08:47.200> do<00:08:47.279> they<00:08:47.360> care<00:08:47.519> if<00:08:47.600> i

future but then why do they care if i

future but then why do they care if i say<00:08:47.839> it's<00:08:48.000> going<00:08:48.080> to<00:08:48.160> go<00:08:48.240> down<00:08:48.399> that's<00:08:48.560> an

say it's going to go down that's an

say it's going to go down that's an opportunity<00:08:49.120> for<00:08:49.200> them<00:08:49.360> to<00:08:49.440> buy<00:08:49.600> more<00:08:49.839> off<00:08:50.000> of

opportunity for them to buy more off of

opportunity for them to buy more off of me<00:08:50.320> exactly<00:08:50.880> you<00:08:50.959> know<00:08:51.200> buy<00:08:51.519> more<00:08:51.760> exactly<00:08:52.240> and

me exactly you know buy more exactly and

me exactly you know buy more exactly and yeah<00:08:52.880> so<00:08:53.040> it<00:08:53.200> is<00:08:53.360> it<00:08:53.519> is<00:08:53.600> a<00:08:53.680> risk<00:08:54.000> and<00:08:54.080> it<00:08:54.240> is<00:08:54.320> a

yeah so it is it is a risk and it is a

yeah so it is it is a risk and it is a gamble<00:08:54.720> and<00:08:54.800> i<00:08:54.959> think<00:08:55.040> reminding<00:08:55.519> people<00:08:55.839> of

gamble and i think reminding people of

gamble and i think reminding people of that<00:08:56.480> is

that is

that is perhaps<00:08:57.680> where<00:08:57.920> it<00:08:58.080> where<00:08:58.240> the<00:08:58.480> the

perhaps where it where the the

perhaps where it where the the sensitivity<00:08:59.360> comes<00:08:59.680> in<00:08:59.920> but<00:09:00.560> but<00:09:00.800> it<00:09:01.040> it's

sensitivity comes in but but it it's

sensitivity comes in but but it it's it's<00:09:01.519> a<00:09:01.600> very<00:09:01.839> interesting<00:09:02.240> phenomenon<00:09:02.720> and<00:09:02.800> i

it's a very interesting phenomenon and i

it's a very interesting phenomenon and i think<00:09:03.040> it's<00:09:03.200> very<00:09:03.440> unique<00:09:03.680> to<00:09:03.839> the<00:09:03.920> time<00:09:04.160> that

think it's very unique to the time that

think it's very unique to the time that we're<00:09:04.560> in<00:09:04.959> in<00:09:05.120> the<00:09:05.360> this<00:09:05.519> is<00:09:05.600> the<00:09:05.839> this<00:09:06.000> is<00:09:06.080> the

we're in in the this is the this is the

we're in in the this is the this is the this<00:09:07.839> is<00:09:08.160> it<00:09:08.560> is<00:09:08.720> what<00:09:08.959> is

this is it is what is

this is it is what is often<00:09:10.000> described<00:09:10.560> as<00:09:10.720> a<00:09:10.880> disruptor<00:09:12.080> uh<00:09:12.320> it's

often described as a disruptor uh it's

often described as a disruptor uh it's part<00:09:12.720> of<00:09:12.880> that<00:09:13.040> kind<00:09:13.200> of

part of that kind of

part of that kind of you<00:09:14.399> know<00:09:14.480> we're<00:09:14.640> moving<00:09:14.959> from<00:09:15.120> what<00:09:15.360> people

you know we're moving from what people

you know we're moving from what people describe<00:09:15.920> as<00:09:16.000> web<00:09:16.240> 2.0<00:09:16.720> to<00:09:16.800> web<00:09:17.040> 3.0<00:09:17.680> there's<00:09:17.839> a

describe as web 2.0 to web 3.0 there's a

describe as web 2.0 to web 3.0 there's a lot<00:09:18.000> like<00:09:18.240> it's<00:09:18.720> similar<00:09:19.040> to<00:09:19.200> the<00:09:19.279> dot-com

lot like it's similar to the dot-com

lot like it's similar to the dot-com boom<00:09:20.399> you<00:09:20.480> know<00:09:20.640> when<00:09:20.800> you<00:09:20.880> had<00:09:21.120> lots<00:09:21.360> of<00:09:21.600> uh

boom you know when you had lots of uh

boom you know when you had lots of uh pump<00:09:22.720> and<00:09:22.880> dumps<00:09:23.200> you<00:09:23.360> had<00:09:23.440> lots<00:09:23.680> of<00:09:24.320> penny

pump and dumps you had lots of penny

pump and dumps you had lots of penny shares<00:09:25.040> and<00:09:25.200> all<00:09:25.279> that<00:09:25.440> sort<00:09:25.600> of<00:09:25.680> stuff<00:09:25.920> people

shares and all that sort of stuff people

shares and all that sort of stuff people were<00:09:26.399> saying<00:09:26.640> this<00:09:26.800> is<00:09:26.880> the<00:09:26.959> next<00:09:27.200> tip<00:09:27.440> this<00:09:27.600> is

were saying this is the next tip this is

were saying this is the next tip this is going<00:09:27.760> to<00:09:27.839> be<00:09:28.240> and<00:09:28.399> obviously<00:09:28.640> only<00:09:28.800> a<00:09:28.880> few

going to be and obviously only a few

going to be and obviously only a few survived<00:09:29.519> it<00:09:29.600> was<00:09:29.760> amazon<00:09:30.160> it<00:09:30.240> was<00:09:30.399> the<00:09:30.480> big

survived it was amazon it was the big

survived it was amazon it was the big ones<00:09:30.880> right<00:09:31.040> yeah<00:09:31.519> but<00:09:31.920> but<00:09:32.480> there<00:09:32.640> was<00:09:32.800> all

ones right yeah but but there was all

ones right yeah but but there was all that<00:09:33.040> kind<00:09:33.200> of<00:09:33.279> stuff<00:09:33.440> around<00:09:33.600> the<00:09:33.680> dot<00:09:33.839> com

that kind of stuff around the dot com

that kind of stuff around the dot com boom<00:09:34.160> so<00:09:34.240> it's<00:09:34.399> similar<00:09:34.800> to<00:09:34.880> that<00:09:35.120> sort<00:09:35.279> of

boom so it's similar to that sort of

boom so it's similar to that sort of time<00:09:35.680> where<00:09:35.920> people<00:09:36.160> think

time where people think

time where people think oh<00:09:37.440> maybe<00:09:37.760> i<00:09:37.839> could<00:09:38.000> pick<00:09:38.160> the<00:09:38.320> coin<00:09:38.640> that<00:09:38.720> will

oh maybe i could pick the coin that will

oh maybe i could pick the coin that will be<00:09:39.040> underpinned<00:09:39.440> the<00:09:39.600> internet<00:09:39.920> of<00:09:40.000> the

be underpinned the internet of the

be underpinned the internet of the future<00:09:40.640> right

future right

future right but<00:09:41.600> there's<00:09:41.839> so<00:09:42.080> many<00:09:42.399> coins<00:09:42.880> now<00:09:43.120> and<00:09:43.519> and

but there's so many coins now and and

but there's so many coins now and and there's

there's

there's not<00:09:45.120> really<00:09:45.440> an<00:09:45.600> understanding<00:09:46.080> of<00:09:46.240> how<00:09:46.480> this

not really an understanding of how this

not really an understanding of how this is<00:09:46.800> going<00:09:47.040> to<00:09:47.200> work<00:09:47.440> in<00:09:47.519> practice<00:09:48.240> i'll<00:09:48.399> tell

is going to work in practice i'll tell

is going to work in practice i'll tell you<00:09:48.560> what<00:09:48.720> concerns<00:09:49.200> me<00:09:50.320> so<00:09:50.959> i<00:09:51.120> met<00:09:51.360> a<00:09:51.440> guy<00:09:51.600> the

you what concerns me so i met a guy the

you what concerns me so i met a guy the other<00:09:51.920> day

other day

other day um<00:09:53.519> i<00:09:53.680> was<00:09:53.839> just<00:09:54.000> at<00:09:54.160> some

um i was just at some

um i was just at some japanese<00:09:55.519> event<00:09:56.240> and<00:09:56.399> i<00:09:56.480> met<00:09:56.640> a<00:09:56.720> guy<00:09:56.880> from

japanese event and i met a guy from

japanese event and i met a guy from milford<00:09:57.360> actually<00:09:57.680> which<00:09:57.839> is<00:09:57.920> my<00:09:58.080> hometown

milford actually which is my hometown

milford actually which is my hometown also<00:09:58.959> simran's<00:09:59.360> hometown<00:10:00.000> cameraman<00:10:00.480> who's

also simran's hometown cameraman who's

also simran's hometown cameraman who's not<00:10:00.800> yet<00:10:00.959> been<00:10:01.120> shown<00:10:01.360> on<00:10:01.519> camera<00:10:02.079> he<00:10:02.240> will<00:10:02.480> one

not yet been shown on camera he will one

not yet been shown on camera he will one day<00:10:03.120> um<00:10:03.760> nice<00:10:04.079> guy

day um nice guy

day um nice guy and<00:10:05.440> you<00:10:05.600> know

and you know

and you know we<00:10:06.800> were<00:10:06.959> just<00:10:07.200> doing<00:10:07.440> the<00:10:07.760> natural

we were just doing the natural

we were just doing the natural conversation<00:10:08.560> what<00:10:08.720> do<00:10:08.880> you<00:10:08.959> do<00:10:09.200> what<00:10:09.360> do<00:10:09.440> you

conversation what do you do what do you

conversation what do you do what do you do<00:10:10.000> and<00:10:10.160> he<00:10:10.240> said<00:10:10.399> i'm<00:10:10.480> doing<00:10:10.720> this<00:10:10.800> right<00:10:10.959> now

do and he said i'm doing this right now

do and he said i'm doing this right now but<00:10:11.360> actually<00:10:11.680> like<00:10:12.079> my<00:10:12.320> plan<00:10:12.560> is<00:10:12.640> to<00:10:12.800> become<00:10:13.040> a

but actually like my plan is to become a

but actually like my plan is to become a millionaire

millionaire

millionaire and<00:10:14.640> i<00:10:14.720> was<00:10:14.880> like<00:10:15.040> all<00:10:15.200> right

and i was like all right

and i was like all right i<00:10:16.320> had<00:10:16.480> to<00:10:16.560> go<00:10:16.720> do<00:10:16.880> that<00:10:17.040> then<00:10:17.680> and<00:10:18.000> um

i had to go do that then and um

i had to go do that then and um he's<00:10:19.200> gonna<00:10:19.760> i'm<00:10:19.920> gonna<00:10:20.160> make<00:10:20.240> my<00:10:20.399> millions<00:10:20.720> on

he's gonna i'm gonna make my millions on

he's gonna i'm gonna make my millions on on<00:10:21.279> on<00:10:21.440> crypto<00:10:22.240> you<00:10:22.320> know<00:10:22.640> when<00:10:22.800> crypto<00:10:23.200> goes

on on crypto you know when crypto goes

on on crypto you know when crypto goes up<00:10:23.440> i'm<00:10:23.600> gonna<00:10:23.680> make<00:10:23.839> my<00:10:23.920> millions<00:10:24.399> and<00:10:24.640> um

up i'm gonna make my millions and um

up i'm gonna make my millions and um sounds<00:10:26.480> good

sounds good

sounds good it<00:10:27.920> does

but

but

but if<00:10:31.920> this<00:10:32.079> guy's<00:10:32.399> a<00:10:32.480> life<00:10:32.800> plan

if this guy's a life plan

if this guy's a life plan is<00:10:34.000> to<00:10:34.079> make<00:10:34.240> millions<00:10:34.640> on<00:10:34.720> crypto<00:10:35.200> right<00:10:35.600> and

is to make millions on crypto right and

is to make millions on crypto right and like

like

like that's<00:10:37.360> his<00:10:37.600> long-term<00:10:38.160> strategy

that's his long-term strategy

that's his long-term strategy is<00:10:39.360> this<00:10:39.600> guy<00:10:39.839> in<00:10:40.000> a<00:10:40.079> position

to<00:10:42.880> unemotionally<00:10:43.600> assess<00:10:44.079> the<00:10:44.240> long-term

to unemotionally assess the long-term

to unemotionally assess the long-term prospects<00:10:45.040> of<00:10:45.120> crypto<00:10:46.240> yeah<00:10:46.560> or<00:10:46.880> is<00:10:47.040> this

prospects of crypto yeah or is this

prospects of crypto yeah or is this person<00:10:47.600> in<00:10:47.680> a<00:10:47.760> position

person in a position

person in a position to<00:10:50.000> be<00:10:50.160> exploited<00:10:50.720> by<00:10:50.880> somebody<00:10:51.200> who<00:10:51.279> wants<00:10:51.440> to

to be exploited by somebody who wants to

to be exploited by somebody who wants to sell<00:10:51.760> him<00:10:51.920> crypto<00:10:52.320> yeah<00:10:52.800> exactly<00:10:53.200> you're

sell him crypto yeah exactly you're

sell him crypto yeah exactly you're leaving<00:10:54.000> it<00:10:54.480> it's<00:10:54.640> exploiting<00:10:55.120> a

leaving it it's exploiting a

leaving it it's exploiting a vulnerability<00:10:55.839> isn't<00:10:56.079> it

vulnerability isn't it

vulnerability isn't it that's<00:10:57.200> it

that's it

that's it and<00:10:58.240> people<00:10:58.720> people<00:10:59.120> feel<00:11:00.160> yeah<00:11:00.399> emotionally

and people people feel yeah emotionally

and people people feel yeah emotionally invested<00:11:01.360> in<00:11:01.519> it<00:11:01.760> they're<00:11:01.920> not<00:11:02.079> looking<00:11:02.399> at<00:11:02.480> it

invested in it they're not looking at it

invested in it they're not looking at it objectively

objectively

objectively um

um

um and<00:11:06.079> yeah<00:11:06.240> they<00:11:06.560> i<00:11:06.720> think<00:11:06.880> that<00:11:07.120> it's<00:11:07.279> it's<00:11:07.519> all

and yeah they i think that it's it's all

and yeah they i think that it's it's all it's<00:11:07.839> almost<00:11:08.160> like<00:11:08.480> uh

it's almost like uh

it's almost like uh uh

uh

uh because<00:11:11.120> they<00:11:11.279> don't<00:11:11.519> fully<00:11:11.839> understand

because they don't fully understand

because they don't fully understand perhaps<00:11:12.640> i<00:11:12.720> think<00:11:12.880> no<00:11:13.040> one<00:11:13.279> really<00:11:13.519> fully

perhaps i think no one really fully

perhaps i think no one really fully understands<00:11:14.399> what<00:11:14.560> the<00:11:14.720> use<00:11:15.040> case<00:11:15.279> of<00:11:15.440> it<00:11:15.519> will

understands what the use case of it will

understands what the use case of it will be<00:11:15.760> in<00:11:15.839> the<00:11:15.920> future<00:11:16.399> and<00:11:16.480> how<00:11:16.640> that<00:11:16.800> would

be in the future and how that would

be in the future and how that would actually<00:11:17.360> work

actually work

actually work people<00:11:20.000> are<00:11:20.160> taking<00:11:20.399> a<00:11:20.480> risk<00:11:20.720> when<00:11:20.880> they're

people are taking a risk when they're

people are taking a risk when they're investing<00:11:21.440> in<00:11:21.519> it<00:11:21.680> and<00:11:21.760> they<00:11:21.839> don't<00:11:22.000> want<00:11:22.240> to

investing in it and they don't want to

investing in it and they don't want to feel<00:11:22.800> stupid<00:11:23.440> having<00:11:23.760> done<00:11:24.000> so<00:11:24.560> and<00:11:25.040> and

feel stupid having done so and and

feel stupid having done so and and then<00:11:26.160> they<00:11:26.399> then<00:11:26.560> they<00:11:26.720> become<00:11:26.959> very

then they then they become very

then they then they become very defensive<00:11:27.600> about<00:11:27.920> it<00:11:28.240> so

defensive about it so

defensive about it so look<00:11:29.839> i<00:11:29.920> just<00:11:30.079> think<00:11:30.320> that<00:11:30.959> it's<00:11:31.200> part<00:11:31.440> of<00:11:31.600> the

look i just think that it's part of the

look i just think that it's part of the part<00:11:32.800> of<00:11:32.880> the

part of the

part of the symptom<00:11:34.880> of<00:11:34.959> the<00:11:35.040> times<00:11:35.279> that<00:11:35.360> we're<00:11:35.519> in<00:11:35.600> at

symptom of the times that we're in at

symptom of the times that we're in at the<00:11:35.760> moment<00:11:36.079> economically<00:11:36.880> where<00:11:37.120> so<00:11:37.360> many

the moment economically where so many

the moment economically where so many routes<00:11:39.440> to

routes to

routes to progressing<00:11:41.120> and<00:11:41.519> climbing<00:11:42.000> the<00:11:42.079> ladder<00:11:42.399> of

progressing and climbing the ladder of

progressing and climbing the ladder of social<00:11:42.800> mobility<00:11:43.360> have<00:11:43.519> been<00:11:43.760> cut<00:11:44.000> off

social mobility have been cut off

social mobility have been cut off through<00:11:45.360> government<00:11:45.680> policy<00:11:46.399> through

through government policy through

through government policy through central<00:11:48.480> bank<00:11:48.720> policy

central bank policy

central bank policy um<00:11:50.320> i<00:11:50.399> mean<00:11:50.560> this<00:11:50.800> is<00:11:51.279> you<00:11:51.360> know<00:11:51.680> my<00:11:51.920> channel<00:11:52.240> is

um i mean this is you know my channel is

um i mean this is you know my channel is mainly<00:11:52.560> about<00:11:52.800> inequality<00:11:53.360> right

mainly about inequality right

mainly about inequality right and<00:11:54.399> it's<00:11:54.560> about<00:11:54.880> letting<00:11:55.120> people<00:11:55.360> know<00:11:55.519> look

and it's about letting people know look

and it's about letting people know look if<00:11:55.760> we<00:11:55.920> don't<00:11:56.079> do<00:11:56.240> something<00:11:56.480> about

if we don't do something about

if we don't do something about inequality<00:11:57.600> then<00:11:57.760> we're<00:11:57.920> going<00:11:58.079> to<00:11:58.160> get

inequality then we're going to get

inequality then we're going to get really<00:11:58.720> bad<00:11:59.200> economic<00:11:59.680> and<00:11:59.839> human<00:12:00.160> outcomes

really bad economic and human outcomes

really bad economic and human outcomes for<00:12:00.800> like<00:12:01.120> you<00:12:01.360> and<00:12:01.519> for<00:12:01.680> your<00:12:01.760> family<00:12:02.720> um

for like you and for your family um

for like you and for your family um but<00:12:04.240> far<00:12:04.480> and<00:12:04.639> away<00:12:04.880> the<00:12:05.040> number<00:12:05.279> one<00:12:05.440> most

but far and away the number one most

but far and away the number one most common<00:12:05.920> message<00:12:06.240> i<00:12:06.320> get<00:12:06.480> on<00:12:06.639> this<00:12:06.720> channel<00:12:07.200> is

common message i get on this channel is

common message i get on this channel is come<00:12:08.639> on<00:12:08.720> mate<00:12:08.959> tell<00:12:09.120> me<00:12:09.200> how<00:12:09.360> to<00:12:09.440> make<00:12:09.519> some

come on mate tell me how to make some

come on mate tell me how to make some money<00:12:09.920> in<00:12:10.000> the<00:12:10.079> market

money in the market

money in the market and<00:12:11.680> um

and um

and um i<00:12:13.920> understand<00:12:14.240> that<00:12:14.399> number<00:12:14.639> one<00:12:14.800> right

i understand that number one right

i understand that number one right because<00:12:15.519> i've<00:12:15.760> been<00:12:16.000> poor<00:12:16.320> and<00:12:16.480> always<00:12:16.720> like

because i've been poor and always like

because i've been poor and always like to<00:12:17.040> report<00:12:17.680> when<00:12:17.839> you're<00:12:18.000> poor<00:12:18.160> you<00:12:18.240> don't

to report when you're poor you don't

to report when you're poor you don't want<00:12:18.399> to<00:12:18.480> be<00:12:18.639> poor<00:12:18.800> and<00:12:18.880> you're<00:12:18.959> looking<00:12:19.120> for<00:12:19.200> a

want to be poor and you're looking for a

want to be poor and you're looking for a way<00:12:19.519> out<00:12:19.680> right

way out right

way out right um

but<00:12:23.360> also

but also

but also i<00:12:25.440> don't<00:12:25.600> know<00:12:25.680> what<00:12:25.839> to<00:12:25.920> tell<00:12:26.160> these<00:12:26.320> people

i don't know what to tell these people

i don't know what to tell these people because

there's<00:12:30.880> no<00:12:31.120> safe<00:12:31.360> way<00:12:31.519> to<00:12:31.600> make<00:12:32.000> money

there's no safe way to make money

there's no safe way to make money nowadays<00:12:32.959> like<00:12:33.120> my<00:12:33.360> dad

nowadays like my dad

nowadays like my dad he<00:12:34.720> worked<00:12:34.880> for<00:12:34.959> post<00:12:35.200> office<00:12:35.360> for<00:12:35.440> 35<00:12:35.920> years

he worked for post office for 35 years

he worked for post office for 35 years and<00:12:37.120> you<00:12:37.279> know<00:12:37.600> we<00:12:37.760> were<00:12:38.000> never<00:12:38.240> rich<00:12:38.880> but<00:12:39.120> he

and you know we were never rich but he

and you know we were never rich but he was<00:12:39.360> able<00:12:39.519> to<00:12:39.680> raise<00:12:39.920> three<00:12:40.160> kids

was able to raise three kids

was able to raise three kids you<00:12:41.120> know

you know

you know buy<00:12:42.079> his<00:12:42.240> own<00:12:42.320> property<00:12:42.720> out<00:12:42.959> right<00:12:43.200> by<00:12:43.360> the

buy his own property out right by the

buy his own property out right by the end<00:12:43.600> of<00:12:43.680> that<00:12:44.000> just<00:12:44.240> working<00:12:44.560> like<00:12:44.720> a<00:12:44.800> regular

end of that just working like a regular

end of that just working like a regular job<00:12:45.360> like<00:12:45.839> no<00:12:46.079> degree<00:12:46.399> no<00:12:46.639> special<00:12:46.959> skills

job like no degree no special skills

job like no degree no special skills you<00:12:48.160> know<00:12:48.320> you<00:12:48.399> know<00:12:48.560> like<00:12:48.720> there's<00:12:49.279> you<00:12:49.360> know

you know you know like there's you know

you know you know like there's you know the<00:12:49.600> simpsons<00:12:50.399> right<00:12:50.880> yeah<00:12:51.120> i<00:12:51.600> like<00:12:51.680> that<00:12:51.839> meme

the simpsons right yeah i like that meme

the simpsons right yeah i like that meme when<00:12:52.160> they<00:12:52.480> say<00:12:52.639> that<00:12:52.880> homer<00:12:53.200> simpson<00:12:53.920> uh<00:12:54.160> it

when they say that homer simpson uh it

when they say that homer simpson uh it was<00:12:54.399> able<00:12:54.639> to<00:12:54.880> support<00:12:55.279> a<00:12:55.360> family<00:12:55.839> and<00:12:56.240> own<00:12:56.480> a

was able to support a family and own a

was able to support a family and own a house

house

house you<00:12:57.600> know<00:12:57.760> a<00:12:57.839> massive<00:12:58.160> house

you know a massive house

you know a massive house working<00:12:59.440> at<00:12:59.600> the<00:12:59.680> power<00:12:59.920> plant<00:13:00.160> power<00:13:00.399> plant

working at the power plant power plant

working at the power plant power plant right<00:13:01.200> yeah<00:13:01.360> like<00:13:01.839> that<00:13:02.000> was<00:13:02.240> it<00:13:02.320> that<00:13:02.480> was

right yeah like that was it that was

right yeah like that was it that was that<00:13:02.800> was<00:13:03.360> normal<00:13:03.680> yeah

yeah<00:13:07.120> yeah

yeah yeah

yeah yeah but<00:13:08.160> it's<00:13:08.399> that<00:13:08.880> increasingly<00:13:09.519> now

but it's that increasingly now

but it's that increasingly now you<00:13:11.440> will<00:13:11.519> never<00:13:11.760> get<00:13:11.920> property<00:13:12.320> doing<00:13:12.480> that

you will never get property doing that

you will never get property doing that you<00:13:13.200> will<00:13:13.279> never<00:13:13.440> get<00:13:13.600> probably<00:13:13.839> doing<00:13:14.000> that

you will never get probably doing that

you will never get probably doing that you<00:13:14.240> know<00:13:14.399> like

you know like

you know like i've<00:13:15.519> got<00:13:15.680> a<00:13:15.760> mate<00:13:16.240> he<00:13:16.399> works<00:13:16.639> in<00:13:16.720> fashion<00:13:16.959> but

i've got a mate he works in fashion but

i've got a mate he works in fashion but he<00:13:17.200> makes<00:13:17.440> like<00:13:17.680> 70<00:13:17.920> grand<00:13:18.160> a<00:13:18.240> year<00:13:18.399> now<00:13:18.560> you

he makes like 70 grand a year now you

he makes like 70 grand a year now you know what<00:13:18.720> i<00:13:18.800> mean<00:13:18.880> he's<00:13:19.040> like<00:13:19.200> it's<00:13:19.360> like<00:13:19.920> the

know what i mean he's like it's like the

know what i mean he's like it's like the most<00:13:20.240> money<00:13:20.560> you'll<00:13:20.720> make<00:13:21.040> like<00:13:21.279> for<00:13:21.680> like<00:13:21.839> a

most money you'll make like for like a

most money you'll make like for like a regular<00:13:22.240> job<00:13:22.399> in<00:13:22.560> fashion<00:13:23.120> it's<00:13:23.279> a<00:13:23.360> great

regular job in fashion it's a great

regular job in fashion it's a great salary<00:13:24.160> right<00:13:24.480> he<00:13:24.560> lives<00:13:24.800> with<00:13:24.959> his<00:13:25.360> mum<00:13:25.760> saves

salary right he lives with his mum saves

salary right he lives with his mum saves up<00:13:26.160> every<00:13:26.399> penny<00:13:27.120> but<00:13:27.279> the<00:13:27.360> house<00:13:27.600> price<00:13:27.839> has

up every penny but the house price has

up every penny but the house price has got<00:13:28.079> quicker<00:13:28.320> than<00:13:28.399> his<00:13:28.560> deposit

got quicker than his deposit

got quicker than his deposit so<00:13:30.079> like<00:13:30.320> we<00:13:30.480> live<00:13:30.639> in<00:13:30.720> a<00:13:30.800> world<00:13:30.959> where<00:13:31.200> even<00:13:31.440> if

so like we live in a world where even if

so like we live in a world where even if you<00:13:31.839> do<00:13:32.000> everything<00:13:32.320> right<00:13:32.480> this<00:13:32.560> guy<00:13:32.720> went<00:13:32.880> to

you do everything right this guy went to

you do everything right this guy went to the<00:13:33.040> top<00:13:33.279> fashion<00:13:33.519> union<00:13:33.760> in<00:13:33.760> the<00:13:33.839> country<00:13:34.320> you

the top fashion union in the country you

the top fashion union in the country you know<00:13:34.800> even<00:13:35.040> if<00:13:35.120> you<00:13:35.200> do<00:13:35.440> everything<00:13:35.760> right

know even if you do everything right

know even if you do everything right even<00:13:36.079> if<00:13:36.160> you<00:13:36.320> work<00:13:36.480> as<00:13:36.560> hard<00:13:36.720> as<00:13:36.880> you<00:13:36.959> can<00:13:37.120> even

even if you work as hard as you can even

even if you work as hard as you can even if<00:13:37.360> you<00:13:37.440> save<00:13:37.680> everything<00:13:38.320> you<00:13:38.480> can't<00:13:38.639> get

if you save everything you can't get

if you save everything you can't get property

property

property so

this<00:13:42.399> puts<00:13:42.639> young<00:13:42.800> people<00:13:43.040> in<00:13:43.120> a<00:13:43.199> situation

this puts young people in a situation

this puts young people in a situation where<00:13:44.000> they're<00:13:44.160> thinking<00:13:45.040> well<00:13:45.199> what<00:13:45.360> do<00:13:45.519> i<00:13:45.600> do

where they're thinking well what do i do

where they're thinking well what do i do then

then

then and<00:13:47.120> then

and then

and then if<00:13:48.639> you<00:13:48.800> then<00:13:48.959> see<00:13:49.120> on<00:13:49.279> the<00:13:49.360> internet<00:13:49.600> a<00:13:49.680> lot<00:13:49.839> of

if you then see on the internet a lot of

if you then see on the internet a lot of the<00:13:49.920> guys<00:13:50.240> saying<00:13:50.480> like<00:13:50.560> i<00:13:50.800> made<00:13:51.040> two<00:13:51.199> million

the guys saying like i made two million

the guys saying like i made two million pounds<00:13:51.760> on<00:13:51.920> crypt<00:13:52.160> though<00:13:52.720> it's<00:13:52.880> fomo<00:13:53.360> as<00:13:53.519> well

pounds on crypt though it's fomo as well

pounds on crypt though it's fomo as well right<00:13:54.079> yeah<00:13:54.800> you<00:13:54.800> know<00:13:55.279> i<00:13:55.360> got<00:13:55.600> friends

right yeah you know i got friends

right yeah you know i got friends calling<00:13:56.320> me<00:13:56.480> up<00:13:56.720> and<00:13:56.800> saying<00:13:57.120> you<00:13:57.199> know<00:13:57.519> you

calling me up and saying you know you

calling me up and saying you know you must<00:13:57.920> have<00:13:58.079> this<00:13:58.240> as<00:13:58.320> well<00:13:58.560> right<00:13:58.959> calling<00:13:59.279> me

must have this as well right calling me

must have this as well right calling me up<00:13:59.519> saying<00:14:00.320> should<00:14:00.560> i<00:14:00.639> get<00:14:00.800> involved<00:14:01.279> in

up saying should i get involved in

up saying should i get involved in crypto

crypto

crypto and<00:14:03.040> i<00:14:03.199> just<00:14:03.360> have<00:14:03.519> to<00:14:03.600> tell<00:14:03.920> them<00:14:04.320> don't<00:14:04.560> do<00:14:04.720> it

and i just have to tell them don't do it

and i just have to tell them don't do it because<00:14:05.040> it's<00:14:05.199> dangerous<00:14:05.680> man<00:14:06.000> save<00:14:06.240> up<00:14:06.320> your

because it's dangerous man save up your

because it's dangerous man save up your money<00:14:06.800> as<00:14:06.880> much<00:14:07.120> as<00:14:07.199> you<00:14:07.360> can<00:14:08.000> there<00:14:08.240> are<00:14:08.320> safer

money as much as you can there are safer

money as much as you can there are safer avenues<00:14:09.120> you<00:14:09.199> can<00:14:09.360> get<00:14:09.519> and<00:14:10.000> figure<00:14:10.320> out<00:14:10.480> ways

avenues you can get and figure out ways

avenues you can get and figure out ways you<00:14:10.959> can<00:14:11.120> get<00:14:11.279> yourself<00:14:11.680> property<00:14:12.000> you<00:14:12.160> know

you can get yourself property you know

you can get yourself property you know what<00:14:12.320> i<00:14:12.399> mean<00:14:12.800> i<00:14:12.959> have<00:14:13.040> to<00:14:13.120> tell<00:14:13.279> them<00:14:13.440> don't<00:14:13.600> do

what i mean i have to tell them don't do

what i mean i have to tell them don't do it<00:14:14.079> because<00:14:14.240> it's<00:14:14.399> dangerous<00:14:14.880> but<00:14:15.040> like

it because it's dangerous but like

it because it's dangerous but like the<00:14:16.560> message<00:14:17.040> i'm<00:14:17.519> telling<00:14:17.760> them<00:14:18.079> is<00:14:18.320> look<00:14:19.040> the

the message i'm telling them is look the

the message i'm telling them is look the situation<00:14:19.680> is<00:14:19.839> not<00:14:20.079> good<00:14:20.320> here<00:14:20.480> and<00:14:20.639> it's<00:14:20.720> not

situation is not good here and it's not

situation is not good here and it's not going<00:14:21.040> to<00:14:21.120> be<00:14:21.199> easy<00:14:21.760> but<00:14:22.000> the<00:14:22.079> message<00:14:22.399> that

going to be easy but the message that

going to be easy but the message that other<00:14:22.720> guys<00:14:23.040> are<00:14:23.440> selling<00:14:23.920> is

other guys are selling is

other guys are selling is buy<00:14:25.279> a<00:14:25.360> car<00:14:25.519> with<00:14:25.680> my<00:14:25.839> face<00:14:26.000> on<00:14:26.079> it<00:14:26.160> you<00:14:26.240> can<00:14:26.320> be

buy a car with my face on it you can be

buy a car with my face on it you can be a<00:14:26.480> millionaire<00:14:27.120> and<00:14:27.279> you<00:14:27.440> know<00:14:27.760> who's<00:14:28.000> got<00:14:28.160> the

a millionaire and you know who's got the

a millionaire and you know who's got the more<00:14:28.399> attractive<00:14:28.880> message<00:14:29.279> here<00:14:30.079> you<00:14:30.240> know

more attractive message here you know

more attractive message here you know so

so

so but<00:14:32.079> if<00:14:32.240> you<00:14:32.399> put<00:14:32.720> sort<00:14:32.880> of<00:14:33.040> young<00:14:33.279> people<00:14:33.600> you

but if you put sort of young people you

but if you put sort of young people you know<00:14:34.320> not<00:14:34.480> just<00:14:34.720> young<00:14:34.880> men<00:14:35.120> but<00:14:35.279> especially

know not just young men but especially

know not just young men but especially young<00:14:35.839> men<00:14:36.000> who<00:14:36.079> are<00:14:36.160> getting<00:14:36.399> judging<00:14:36.720> these

young men who are getting judging these

young men who are getting judging these finance<00:14:37.279> financial<00:14:37.760> outcomes<00:14:38.160> so

finance financial outcomes so

finance financial outcomes so aggressively

aggressively

aggressively when<00:14:40.160> you<00:14:40.240> put<00:14:40.399> people<00:14:40.639> in<00:14:40.720> this<00:14:40.800> position

when you put people in this position

when you put people in this position where<00:14:41.360> there's<00:14:41.680> no<00:14:41.920> legit<00:14:42.399> way<00:14:42.959> you<00:14:43.040> know<00:14:43.199> if

where there's no legit way you know if

where there's no legit way you know if work<00:14:43.600> is<00:14:43.760> not<00:14:43.920> working<00:14:44.720> you<00:14:44.800> know<00:14:44.959> if<00:14:45.279> if<00:14:45.360> what

work is not working you know if if what

work is not working you know if if what our<00:14:45.839> parents<00:14:46.240> did<00:14:46.720> work<00:14:46.959> hard<00:14:47.199> and<00:14:47.279> safe

our parents did work hard and safe

our parents did work hard and safe doesn't<00:14:47.760> work<00:14:48.320> then<00:14:48.480> you're<00:14:48.720> desperate<00:14:49.040> right

doesn't work then you're desperate right

doesn't work then you're desperate right and<00:14:49.440> you<00:14:49.680> you're<00:14:50.160> you're<00:14:50.320> looking<00:14:50.560> for

and you you're you're looking for

and you you're you're looking for anything

anything

anything yes<00:14:52.399> it's

yes it's

yes it's it<00:14:53.519> worries<00:14:53.920> me<00:14:54.560> it<00:14:54.880> yeah<00:14:55.360> absolutely<00:14:55.839> and<00:14:56.079> um

it worries me it yeah absolutely and um

it worries me it yeah absolutely and um i<00:14:57.279> think<00:14:57.600> uh

i think uh

i think uh i<00:14:58.720> think<00:14:59.199> yeah<00:14:59.360> social<00:14:59.760> the<00:14:59.839> social<00:15:00.160> media

i think yeah social the social media

i think yeah social the social media culture<00:15:01.279> and

culture and

culture and scam<00:15:02.880> culture<00:15:03.440> is<00:15:03.680> all<00:15:03.839> kind<00:15:04.000> of

scam culture is all kind of

scam culture is all kind of uh<00:15:05.199> i<00:15:05.279> think<00:15:05.519> it's<00:15:05.760> it's<00:15:05.920> a<00:15:06.320> it's<00:15:06.399> another

uh i think it's it's a it's another

uh i think it's it's a it's another symptom<00:15:07.279> of<00:15:07.360> that<00:15:07.519> because

symptom of that because

symptom of that because look<00:15:09.120> i<00:15:09.199> think

look i think

look i think we're<00:15:10.399> in<00:15:10.560> a<00:15:10.720> we're<00:15:10.959> in<00:15:11.040> an<00:15:11.360> era<00:15:11.680> now<00:15:12.240> where

we're in a we're in an era now where

we're in a we're in an era now where everything<00:15:13.040> is<00:15:13.199> changing<00:15:14.079> again

everything is changing again

everything is changing again and<00:15:15.519> there<00:15:15.760> is<00:15:15.920> going<00:15:16.000> to<00:15:16.079> be<00:15:16.240> a<00:15:16.240> lot<00:15:16.399> of

and there is going to be a lot of

and there is going to be a lot of disruption<00:15:17.440> as<00:15:17.600> i've<00:15:17.760> sort<00:15:17.839> of<00:15:18.000> alluded<00:15:18.240> to

disruption as i've sort of alluded to

disruption as i've sort of alluded to before

before

before but<00:15:19.920> i<00:15:20.000> think<00:15:20.160> people's<00:15:20.639> assumptions<00:15:21.360> about

but i think people's assumptions about

but i think people's assumptions about how<00:15:22.000> protected<00:15:22.560> they<00:15:22.800> are<00:15:22.959> as<00:15:23.120> consumers

how protected they are as consumers

how protected they are as consumers are<00:15:24.880> being<00:15:25.120> applied<00:15:25.440> to<00:15:25.600> things<00:15:25.839> that

are being applied to things that

are being applied to things that frankly<00:15:27.120> are<00:15:27.279> falling<00:15:27.600> outside<00:15:28.000> of

frankly are falling outside of

frankly are falling outside of regulation<00:15:28.720> or<00:15:29.040> regulation

regulation or regulation

regulation or regulation to<00:15:30.240> the<00:15:30.399> level<00:15:30.639> that<00:15:30.800> people<00:15:31.120> expect

to the level that people expect

to the level that people expect so<00:15:33.199> when<00:15:33.360> you're<00:15:33.519> looking<00:15:33.759> at<00:15:33.839> things<00:15:34.160> like

so when you're looking at things like

so when you're looking at things like leverage<00:15:35.839> trading<00:15:36.880> on

leverage trading on

leverage trading on stocks<00:15:39.360> and<00:15:39.839> things<00:15:40.079> like<00:15:40.240> that<00:15:40.399> which<00:15:40.560> is

stocks and things like that which is

stocks and things like that which is basically<00:15:41.199> gambling

basically gambling

basically gambling and<00:15:42.639> it's

and it's

and it's marketed<00:15:43.920> as<00:15:44.079> a<00:15:44.160> form<00:15:44.399> of<00:15:44.480> investment<00:15:45.440> in<00:15:45.839> in<00:15:46.000> a

marketed as a form of investment in in a

marketed as a form of investment in in a context<00:15:46.639> where<00:15:47.120> interest<00:15:47.519> rates<00:15:47.839> are<00:15:47.920> very

context where interest rates are very

context where interest rates are very low

low

low yeah

yeah

yeah and

and

and because<00:15:51.680> interest<00:15:52.000> rates<00:15:52.160> are<00:15:52.240> very<00:15:52.480> low<00:15:52.959> your

because interest rates are very low your

because interest rates are very low your money's<00:15:53.440> not<00:15:53.519> working<00:15:53.759> for<00:15:54.079> you

money's not working for you

money's not working for you you're<00:15:55.360> you're<00:15:55.519> falling<00:15:55.839> behind<00:15:56.160> in<00:15:56.240> terms<00:15:56.560> of

you're you're falling behind in terms of

you're you're falling behind in terms of how<00:15:57.120> saving<00:15:57.440> for<00:15:57.519> a<00:15:57.600> deposit<00:15:58.160> and<00:15:58.240> the<00:15:58.320> house

how saving for a deposit and the house

how saving for a deposit and the house price<00:15:58.800> is<00:15:58.880> going<00:15:59.040> up<00:15:59.199> even<00:15:59.440> more

price is going up even more

price is going up even more and<00:16:00.639> you're<00:16:00.720> looking<00:16:00.959> for<00:16:01.120> ways<00:16:01.360> to<00:16:01.759> to

and you're looking for ways to to

and you're looking for ways to to accumulate

accumulate

accumulate more<00:16:03.440> money<00:16:03.920> and<00:16:04.639> uh

more money and uh

more money and uh obviously<00:16:06.079> crypto<00:16:06.399> in<00:16:06.480> that<00:16:06.639> context<00:16:07.120> is<00:16:07.199> very

obviously crypto in that context is very

obviously crypto in that context is very attractive<00:16:08.399> yeah<00:16:08.560> in<00:16:08.639> the<00:16:08.720> short<00:16:09.040> term

attractive yeah in the short term

attractive yeah in the short term because

because

because that's<00:16:10.959> what<00:16:11.120> it<00:16:11.279> is<00:16:11.440> that's<00:16:11.600> what<00:16:11.680> people

that's what it is that's what people

that's what it is that's what people treat<00:16:12.240> it<00:16:12.320> as<00:16:12.880> they're<00:16:13.040> not<00:16:13.279> treating<00:16:13.519> it<00:16:13.680> as<00:16:13.759> a

treat it as they're not treating it as a

treat it as they're not treating it as a long-term<00:16:14.240> investment<00:16:14.639> they're<00:16:14.800> not

long-term investment they're not

long-term investment they're not treating<00:16:15.360> it<00:16:15.440> as<00:16:15.759> oh<00:16:15.920> this<00:16:16.079> is<00:16:16.240> going<00:16:16.320> to<00:16:16.399> be

treating it as oh this is going to be

treating it as oh this is going to be the<00:16:17.040> underpin<00:16:17.519> everything<00:16:17.839> we<00:16:17.920> do<00:16:18.079> in<00:16:18.160> the

the underpin everything we do in the

the underpin everything we do in the future<00:16:18.800> yeah<00:16:19.120> they're<00:16:19.360> saying<00:16:20.000> how<00:16:20.160> can<00:16:20.320> i

future yeah they're saying how can i

future yeah they're saying how can i make<00:16:20.560> a<00:16:20.639> bit<00:16:20.800> more<00:16:20.959> money<00:16:21.440> so<00:16:21.600> i<00:16:21.680> can<00:16:22.079> exchange

make a bit more money so i can exchange

make a bit more money so i can exchange it<00:16:22.560> again<00:16:22.800> for<00:16:22.959> fiat<00:16:23.279> currency<00:16:23.920> and<00:16:24.079> buy<00:16:24.240> a

it again for fiat currency and buy a

it again for fiat currency and buy a house<00:16:24.880> that<00:16:25.279> and

house that and

house that and really<00:16:26.800> if<00:16:26.880> you're<00:16:27.120> investing<00:16:27.519> as<00:16:27.920> you<00:16:28.000> always

really if you're investing as you always

really if you're investing as you always say<00:16:28.399> you<00:16:28.639> need<00:16:28.800> to<00:16:28.880> invest<00:16:29.120> for<00:16:29.279> a<00:16:29.279> long<00:16:29.440> term

say you need to invest for a long term

say you need to invest for a long term right<00:16:29.839> you<00:16:30.000> take<00:16:30.160> a<00:16:30.240> long<00:16:30.399> position

right you take a long position

right you take a long position you<00:16:31.759> touched<00:16:32.079> on<00:16:32.160> something

you touched on something

you touched on something very<00:16:33.519> interesting<00:16:34.000> which<00:16:34.160> i<00:16:34.240> think<00:16:34.399> is<00:16:34.480> very

very interesting which i think is very

very interesting which i think is very important<00:16:35.120> which<00:16:35.360> is<00:16:35.440> the<00:16:35.680> similarities

important which is the similarities

important which is the similarities between

between

between the<00:16:38.079> trading<00:16:38.639> investing<00:16:39.120> behaviors<00:16:39.600> of

the trading investing behaviors of

the trading investing behaviors of people

people

people doing<00:16:41.120> some<00:16:41.279> of<00:16:41.279> the<00:16:41.360> things<00:16:41.519> that<00:16:41.680> are

doing some of the things that are

doing some of the things that are popular<00:16:42.079> now<00:16:42.480> crypto<00:16:42.880> trading

popular now crypto trading

popular now crypto trading foreign<00:16:44.079> exchange<00:16:44.480> trading<00:16:44.880> spread<00:16:45.199> paying

foreign exchange trading spread paying

foreign exchange trading spread paying the<00:16:46.560> similarities<00:16:47.040> between<00:16:47.279> that<00:16:47.360> and

the similarities between that and

the similarities between that and gambling

gambling

gambling because

because

because you<00:16:51.040> know<00:16:51.120> i<00:16:51.199> was<00:16:51.360> a<00:16:51.440> former<00:16:51.759> trader<00:16:52.320> i<00:16:52.480> worked

you know i was a former trader i worked

you know i was a former trader i worked in<00:16:53.600> the<00:16:53.759> skyscrapers<00:16:54.160> in<00:16:54.240> canary<00:16:54.639> wharf<00:16:54.880> and

in the skyscrapers in canary wharf and

in the skyscrapers in canary wharf and you<00:16:55.040> see<00:16:55.199> you<00:16:55.199> guys<00:16:55.360> there<00:16:55.519> with<00:16:55.600> gambling

you see you guys there with gambling

you see you guys there with gambling addictions<00:16:56.880> um

addictions um

addictions um i<00:16:59.199> was<00:16:59.360> a<00:16:59.440> foreign<00:16:59.759> exchange<00:17:00.000> trader<00:17:00.240> for<00:17:00.320> a

i was a foreign exchange trader for a

i was a foreign exchange trader for a long<00:17:00.480> period<00:17:00.639> of<00:17:00.720> time<00:17:01.199> and<00:17:01.360> now<00:17:01.519> i've<00:17:01.680> got

long period of time and now i've got

long period of time and now i've got friends

friends

friends who

who

who consider<00:17:04.160> themselves<00:17:04.400> to<00:17:04.480> be<00:17:04.559> foreign

consider themselves to be foreign

consider themselves to be foreign exchange<00:17:05.120> traders

exchange traders

exchange traders and<00:17:06.480> i<00:17:06.799> i<00:17:07.360> look<00:17:07.520> at<00:17:07.600> what<00:17:07.760> they're<00:17:07.919> doing

and i i look at what they're doing

and i i look at what they're doing to<00:17:09.280> me

to me

to me what<00:17:11.280> they're<00:17:11.439> doing<00:17:11.600> is<00:17:11.679> indistinguishable

what they're doing is indistinguishable

what they're doing is indistinguishable from<00:17:12.559> gambling

from gambling

from gambling they're<00:17:13.760> sitting<00:17:14.000> down<00:17:14.640> in<00:17:14.720> the<00:17:14.880> day<00:17:15.360> and

they're sitting down in the day and

they're sitting down in the day and they're<00:17:15.600> looking<00:17:15.919> at<00:17:16.000> this<00:17:16.160> little<00:17:16.480> red<00:17:16.959> bar

they're looking at this little red bar

they're looking at this little red bar this<00:17:17.760> little<00:17:17.919> line<00:17:18.240> a<00:17:18.640> few<00:17:18.880> green<00:17:19.039> bars<00:17:19.280> a<00:17:19.360> few

this little line a few green bars a few

this little line a few green bars a few red<00:17:19.600> bars<00:17:19.839> up<00:17:19.919> and<00:17:20.000> down<00:17:20.160> up<00:17:20.319> and<00:17:20.400> down<00:17:20.959> they're

red bars up and down up and down they're

red bars up and down up and down they're trading<00:17:21.520> trading<00:17:21.760> trading<00:17:22.079> this<00:17:22.240> all<00:17:22.319> the

trading trading trading this all the

trading trading trading this all the time<00:17:23.039> they're<00:17:23.280> drawing<00:17:23.600> lines<00:17:23.919> on<00:17:24.079> charts

time they're drawing lines on charts

time they're drawing lines on charts to<00:17:26.400> me

to me

to me these<00:17:27.600> guys<00:17:27.919> might<00:17:28.160> as<00:17:28.240> well<00:17:28.559> just<00:17:28.799> be<00:17:29.360> reading

these guys might as well just be reading

these guys might as well just be reading their<00:17:29.840> horoscope<00:17:30.400> and<00:17:30.480> then<00:17:30.640> going<00:17:30.960> into

their horoscope and then going into

their horoscope and then going into betfair<00:17:31.679> you<00:17:31.760> know<00:17:31.840> what<00:17:31.919> i<00:17:32.000> mean

betfair you know what i mean

betfair you know what i mean like

like

like that's<00:17:35.039> not<00:17:35.120> what<00:17:35.280> professional<00:17:35.600> traders<00:17:35.919> do

that's not what professional traders do

that's not what professional traders do no

no

no um

um

um but

but

but they've<00:17:40.640> been<00:17:40.799> persuaded<00:17:41.520> that<00:17:41.679> what<00:17:41.840> they're

they've been persuaded that what they're

they've been persuaded that what they're doing

doing

doing is<00:17:44.320> trading<00:17:44.960> but<00:17:45.200> for<00:17:45.440> me

is trading but for me

is trading but for me what<00:17:46.960> they're<00:17:47.120> doing<00:17:47.360> looks<00:17:47.679> exactly<00:17:48.240> like

what they're doing looks exactly like

what they're doing looks exactly like gambling

gambling

gambling um

um

um and<00:17:51.760> i<00:17:51.919> think<00:17:52.559> we're<00:17:52.799> in<00:17:52.880> this<00:17:53.039> kind<00:17:53.280> of<00:17:53.440> sort

and i think we're in this kind of sort

and i think we're in this kind of sort of<00:17:53.919> dangerous<00:17:54.400> space<00:17:54.720> now<00:17:55.039> where

of dangerous space now where

of dangerous space now where things<00:17:56.640> which<00:17:56.880> i<00:17:56.960> would<00:17:57.120> consider<00:17:57.440> are

things which i would consider are

things which i would consider are basically<00:17:57.919> gambling

basically gambling

basically gambling have<00:17:59.919> been

have been

have been rebranded<00:18:02.000> as<00:18:02.240> investment

rebranded as investment

rebranded as investment strategies<00:18:04.480> and<00:18:04.640> investment<00:18:05.120> tools

strategies and investment tools

strategies and investment tools um<00:18:06.559> and<00:18:06.640> what<00:18:06.799> that<00:18:06.960> means<00:18:07.280> is<00:18:07.440> you<00:18:07.600> know

um and what that means is you know

um and what that means is you know you<00:18:09.760> know<00:18:10.320> you<00:18:10.559> do<00:18:10.720> a<00:18:10.720> lot<00:18:10.799> of<00:18:10.880> work<00:18:11.039> with

you know you do a lot of work with

you know you do a lot of work with gambling<00:18:11.600> right<00:18:11.840> and<00:18:12.080> you<00:18:12.320> presumably<00:18:13.039> see

gambling right and you presumably see

gambling right and you presumably see people<00:18:13.520> who<00:18:13.600> have<00:18:14.160> addictions<00:18:14.559> to<00:18:14.880> sports

people who have addictions to sports

people who have addictions to sports gambling<00:18:15.760> or<00:18:16.000> you<00:18:16.160> know

gambling or you know

gambling or you know yeah<00:18:17.840> slot<00:18:18.160> machines<00:18:18.640> if<00:18:18.720> people<00:18:19.039> if<00:18:19.120> people

yeah slot machines if people if people

yeah slot machines if people if people get<00:18:19.440> addicted<00:18:20.160> and<00:18:20.240> they<00:18:20.400> lose<00:18:20.640> way<00:18:20.799> more<00:18:20.960> than

get addicted and they lose way more than

get addicted and they lose way more than they<00:18:21.120> can<00:18:21.280> afford

they can afford

they can afford and<00:18:23.120> they<00:18:23.200> hit<00:18:23.440> rock<00:18:23.679> bottom<00:18:24.480> hopefully<00:18:24.880> you

and they hit rock bottom hopefully you

and they hit rock bottom hopefully you can<00:18:25.200> intervene<00:18:25.520> before<00:18:25.760> that<00:18:25.919> point

can intervene before that point

can intervene before that point obviously<00:18:26.840> but<00:18:27.840> if<00:18:28.000> they<00:18:28.160> if<00:18:28.240> they're<00:18:28.400> in<00:18:28.480> that

obviously but if they if they're in that

obviously but if they if they're in that moment<00:18:29.520> then

moment then

moment then you<00:18:31.280> know<00:18:31.679> everything<00:18:32.000> they've<00:18:32.160> been<00:18:32.320> telling

you know everything they've been telling

you know everything they've been telling themselves<00:18:33.200> to<00:18:33.360> rationalize<00:18:34.080> gambling<00:18:35.039> like

themselves to rationalize gambling like

themselves to rationalize gambling like i'm<00:18:36.400> one<00:18:36.559> better<00:18:36.799> away<00:18:36.960> from<00:18:37.120> winning<00:18:37.360> it<00:18:37.440> back

i'm one better away from winning it back

i'm one better away from winning it back and<00:18:37.840> all<00:18:37.919> that<00:18:38.080> sort<00:18:38.240> of<00:18:38.320> stuff

and all that sort of stuff

and all that sort of stuff you<00:18:39.679> can<00:18:39.919> quite<00:18:40.559> quickly

you can quite quickly

you can quite quickly in<00:18:41.919> recovery<00:18:43.039> recalibrate<00:18:43.760> that<00:18:44.000> through

in recovery recalibrate that through

in recovery recalibrate that through cognitive<00:18:44.720> behavioral<00:18:45.120> therapy<00:18:45.440> you<00:18:45.520> can<00:18:45.679> say

cognitive behavioral therapy you can say

cognitive behavioral therapy you can say things<00:18:46.240> you<00:18:46.320> can<00:18:46.880> you<00:18:46.960> know<00:18:47.120> convince

things you can you know convince

things you can you know convince yourself<00:18:47.679> the<00:18:47.760> opposite<00:18:48.240> i<00:18:48.320> went<00:18:48.480> through<00:18:48.640> it

yourself the opposite i went through it

yourself the opposite i went through it myself<00:18:49.039> as<00:18:49.200> i<00:18:49.280> was<00:18:49.360> addicted<00:18:49.679> to<00:18:49.840> when<00:18:50.000> i<00:18:50.080> was

myself as i was addicted to when i was

myself as i was addicted to when i was younger

younger

younger where<00:18:51.360> it's<00:18:51.520> like<00:18:51.679> you're<00:18:51.840> never<00:18:52.080> going<00:18:52.160> to

where it's like you're never going to

where it's like you're never going to win<00:18:52.400> long-term<00:18:52.960> statistically<00:18:53.520> impossible

win long-term statistically impossible

win long-term statistically impossible even<00:18:54.480> if<00:18:54.640> you<00:18:54.799> win<00:18:55.120> you're<00:18:55.280> just<00:18:55.440> going<00:18:55.520> to

even if you win you're just going to

even if you win you're just going to give<00:18:55.760> it<00:18:55.919> all<00:18:56.000> back<00:18:56.240> because<00:18:56.400> you're<00:18:56.480> addicted

give it all back because you're addicted

give it all back because you're addicted so<00:18:57.520> the<00:18:57.679> only<00:18:57.840> way<00:18:58.000> to<00:18:58.080> break<00:18:58.240> that<00:18:58.480> cycle<00:18:58.799> is

so the only way to break that cycle is

so the only way to break that cycle is to<00:18:59.039> stop<00:18:59.440> now<00:18:59.919> if<00:19:00.080> you're<00:19:00.320> applying<00:19:00.640> that<00:19:00.799> to

to stop now if you're applying that to

to stop now if you're applying that to things<00:19:01.200> like<00:19:01.360> trading

things like trading

things like trading it's<00:19:02.720> very<00:19:02.880> easy<00:19:03.120> for<00:19:03.200> people<00:19:03.360> to<00:19:03.520> think<00:19:03.679> well

it's very easy for people to think well

it's very easy for people to think well i'm<00:19:04.160> only<00:19:04.320> losing<00:19:04.480> money<00:19:04.720> i'm<00:19:04.799> a<00:19:04.880> bad<00:19:05.120> trader<00:19:05.440> i

i'm only losing money i'm a bad trader i

i'm only losing money i'm a bad trader i just<00:19:05.679> need<00:19:05.760> to<00:19:05.840> become<00:19:06.080> a<00:19:06.160> better<00:19:06.400> trader

just need to become a better trader

just need to become a better trader and

and

and i<00:19:09.280> don't<00:19:09.440> necessarily<00:19:09.840> have<00:19:10.000> to<00:19:10.080> lose<00:19:10.240> in<00:19:10.320> the

i don't necessarily have to lose in the

i don't necessarily have to lose in the long<00:19:10.640> term<00:19:10.880> there's<00:19:11.120> people<00:19:11.280> that<00:19:11.360> win<00:19:11.520> in<00:19:11.600> the

long term there's people that win in the

long term there's people that win in the long<00:19:11.840> term<00:19:12.160> i'm<00:19:12.240> seeing<00:19:12.400> them<00:19:12.559> every<00:19:12.720> day<00:19:12.880> this

long term i'm seeing them every day this

long term i'm seeing them every day this is<00:19:13.120> the<00:19:13.200> thing<00:19:13.360> it's<00:19:13.520> a<00:19:13.600> rebrand<00:19:14.160> like<00:19:14.320> i<00:19:14.400> think

is the thing it's a rebrand like i think

is the thing it's a rebrand like i think you<00:19:15.679> know<00:19:15.840> we<00:19:16.080> know<00:19:16.640> that<00:19:16.880> there's<00:19:17.120> no

you know we know that there's no

you know we know that there's no mathematical<00:19:18.000> way<00:19:18.160> to<00:19:18.240> win<00:19:18.480> at<00:19:18.640> blackjack<00:19:19.360> but

mathematical way to win at blackjack but

mathematical way to win at blackjack but people<00:19:19.760> still<00:19:19.919> get<00:19:20.000> addicted<00:19:20.320> to<00:19:20.480> blackjack

people still get addicted to blackjack

people still get addicted to blackjack you<00:19:21.120> know<00:19:21.200> what<00:19:21.280> i<00:19:21.360> mean

you know what i mean

you know what i mean we<00:19:22.240> know<00:19:22.480> that<00:19:22.559> there's<00:19:22.720> no<00:19:22.880> mathematical<00:19:23.440> way

we know that there's no mathematical way

we know that there's no mathematical way to<00:19:23.679> win<00:19:23.840> long<00:19:24.000> term<00:19:24.160> at<00:19:24.240> roulette<00:19:24.559> but<00:19:24.640> people

to win long term at roulette but people

to win long term at roulette but people still<00:19:24.960> get<00:19:25.120> addicted<00:19:25.440> to<00:19:25.600> roulette<00:19:26.480> um

still get addicted to roulette um

still get addicted to roulette um but<00:19:27.600> when<00:19:27.760> you're<00:19:27.919> talking<00:19:28.240> about

but when you're talking about

but when you're talking about trading

trading

trading it's<00:19:30.720> exactly<00:19:31.039> as<00:19:31.200> you<00:19:31.280> say<00:19:31.520> right<00:19:31.840> trading

it's exactly as you say right trading

it's exactly as you say right trading and<00:19:32.720> trading<00:19:32.960> crypto<00:19:33.440> as<00:19:33.520> well<00:19:34.080> it's<00:19:34.320> marketed

and trading crypto as well it's marketed

and trading crypto as well it's marketed as<00:19:34.880> if<00:19:35.200> you<00:19:35.679> understand<00:19:36.080> how<00:19:36.240> it<00:19:36.320> works<00:19:37.120> it's<00:19:37.440> a

as if you understand how it works it's a

as if you understand how it works it's a reliable<00:19:38.080> way<00:19:38.240> to<00:19:38.320> make<00:19:38.480> money<00:19:39.039> nobody<00:19:39.440> would

reliable way to make money nobody would

reliable way to make money nobody would say<00:19:39.760> that<00:19:39.919> about<00:19:40.320> most<00:19:40.559> other<00:19:40.720> forms<00:19:41.039> of

say that about most other forms of

say that about most other forms of gambling<00:19:41.679> right<00:19:42.400> so<00:19:42.640> what<00:19:42.880> it<00:19:42.960> means<00:19:43.280> is<00:19:43.440> you

gambling right so what it means is you

gambling right so what it means is you can<00:19:43.760> become<00:19:44.000> a<00:19:44.160> gambling<00:19:44.559> addict

can become a gambling addict

can become a gambling addict without<00:19:46.000> thinking<00:19:46.320> you're<00:19:46.480> even<00:19:46.640> gambling

without thinking you're even gambling

without thinking you're even gambling you<00:19:47.840> can<00:19:48.000> be<00:19:48.160> thinking

you can be thinking

you can be thinking i'm<00:19:49.600> a<00:19:49.679> traitor<00:19:50.080> you<00:19:50.160> know<00:19:50.240> what<00:19:50.320> i<00:19:50.320> mean<00:19:50.480> and

i'm a traitor you know what i mean and

i'm a traitor you know what i mean and you<00:19:50.799> know

you know

you know you<00:19:51.840> know

you know

you know i<00:19:53.120> was<00:19:53.360> a<00:19:53.440> professional<00:19:53.840> trader<00:19:54.160> you<00:19:54.240> know<00:19:54.400> and

i was a professional trader you know and

i was a professional trader you know and i<00:19:54.640> worked<00:19:54.960> in<00:19:55.120> the<00:19:55.200> city<00:19:55.520> but<00:19:55.679> i<00:19:55.760> get<00:19:55.919> paid<00:19:56.080> a

i worked in the city but i get paid a

i worked in the city but i get paid a salary<00:19:56.480> i<00:19:56.559> don't<00:19:56.720> gamble<00:19:57.039> my<00:19:57.200> own<00:19:57.280> money<00:19:57.760> you

salary i don't gamble my own money you

salary i don't gamble my own money you know<00:19:58.160> when<00:19:58.400> i'm<00:19:58.559> in<00:19:58.640> that<00:19:58.799> space<00:19:59.679> um

know when i'm in that space um

know when i'm in that space um but<00:20:01.039> people<00:20:01.760> are<00:20:01.919> sitting<00:20:02.159> at<00:20:02.320> home<00:20:02.960> and<00:20:03.120> i

but people are sitting at home and i

but people are sitting at home and i think<00:20:03.840> one<00:20:04.000> thing<00:20:04.159> i<00:20:04.159> was<00:20:04.240> talking<00:20:04.480> to<00:20:04.559> a

think one thing i was talking to a

think one thing i was talking to a friend<00:20:04.799> about<00:20:05.039> this<00:20:05.200> and<00:20:05.280> i<00:20:05.360> was<00:20:05.520> like

friend about this and i was like

friend about this and i was like most<00:20:06.640> forms<00:20:06.880> of<00:20:07.039> trading<00:20:07.360> especially<00:20:07.760> any<00:20:08.080> any

most forms of trading especially any any

most forms of trading especially any any form<00:20:08.480> of<00:20:08.559> short-term<00:20:09.039> trading<00:20:09.280> it's<00:20:09.440> a

form of short-term trading it's a

form of short-term trading it's a zero-sum<00:20:10.080> game<00:20:10.640> for<00:20:10.880> every<00:20:11.120> pound<00:20:11.360> you<00:20:11.600> win

zero-sum game for every pound you win

zero-sum game for every pound you win somebody<00:20:13.200> loses<00:20:14.000> right<00:20:14.159> and<00:20:14.240> not<00:20:14.400> only<00:20:14.640> that

somebody loses right and not only that

somebody loses right and not only that but<00:20:15.120> the

but the

but the the<00:20:16.400> websites<00:20:16.880> themselves<00:20:17.440> especially<00:20:17.760> if

the websites themselves especially if

the websites themselves especially if you're<00:20:17.919> doing<00:20:18.159> high-volume<00:20:18.640> trading<00:20:18.960> take

you're doing high-volume trading take

you're doing high-volume trading take quite<00:20:19.280> a<00:20:19.360> big<00:20:19.600> cut<00:20:20.159> so<00:20:20.320> that<00:20:20.799> overall<00:20:21.200> if<00:20:21.280> you

quite a big cut so that overall if you

quite a big cut so that overall if you had<00:20:21.440> ever<00:20:21.679> add<00:20:21.919> up<00:20:22.080> everyone's<00:20:22.400> wins<00:20:22.640> and

had ever add up everyone's wins and

had ever add up everyone's wins and losses<00:20:23.280> the<00:20:23.440> losses<00:20:23.679> are<00:20:23.760> more<00:20:23.919> than<00:20:24.080> the<00:20:24.159> wins

losses the losses are more than the wins

losses the losses are more than the wins right<00:20:24.880> so

right so

right so and<00:20:26.480> then<00:20:27.039> so<00:20:27.200> what<00:20:27.360> we<00:20:27.520> know<00:20:27.840> is<00:20:28.159> when

and then so what we know is when

and then so what we know is when everybody<00:20:28.720> comes<00:20:28.880> to<00:20:28.960> the<00:20:29.039> table<00:20:29.440> and

everybody comes to the table and

everybody comes to the table and everybody<00:20:30.000> leaves<00:20:30.880> net<00:20:31.120> net<00:20:31.760> people<00:20:32.080> are

everybody leaves net net people are

everybody leaves net net people are losers<00:20:32.480> okay<00:20:33.200> bear<00:20:33.440> in<00:20:33.600> mind<00:20:33.840> there<00:20:34.000> are

losers okay bear in mind there are

losers okay bear in mind there are people<00:20:34.320> at<00:20:34.400> a<00:20:34.400> table<00:20:34.720> like<00:20:34.960> me

people at a table like me

people at a table like me who

who

who have<00:20:37.120> got<00:20:37.440> two<00:20:37.600> economics<00:20:38.080> degrees<00:20:38.799> who<00:20:39.039> have

have got two economics degrees who have

have got two economics degrees who have spent<00:20:39.679> six<00:20:40.000> years<00:20:40.400> trading<00:20:40.720> 100<00:20:41.200> hours<00:20:41.440> a<00:20:41.520> week

spent six years trading 100 hours a week

spent six years trading 100 hours a week you<00:20:41.919> know<00:20:42.000> when<00:20:42.159> i<00:20:42.240> was<00:20:42.400> a<00:20:42.480> trader

you know when i was a trader

you know when i was a trader i<00:20:44.080> wake<00:20:44.320> up<00:20:44.480> five<00:20:44.720> in<00:20:44.799> the<00:20:44.880> morning<00:20:45.200> i<00:20:45.280> read<00:20:45.679> 100

i wake up five in the morning i read 100

i wake up five in the morning i read 100 emails<00:20:46.559> okay<00:20:46.880> i<00:20:47.039> know<00:20:47.200> everything<00:20:47.440> that's

emails okay i know everything that's

emails okay i know everything that's happened<00:20:47.840> overnight<00:20:48.159> if<00:20:48.240> i<00:20:48.400> get<00:20:48.480> into<00:20:48.640> the

happened overnight if i get into the

happened overnight if i get into the office<00:20:49.120> i'm<00:20:49.280> at<00:20:49.360> the<00:20:49.440> office<00:20:49.679> at<00:20:49.760> 6<00:20:49.919> 30<00:20:50.159> a.m

office i'm at the office at 6 30 a.m

office i'm at the office at 6 30 a.m i've<00:20:50.960> got<00:20:51.200> seven<00:20:51.520> economists<00:20:51.919> so<00:20:52.000> i<00:20:52.080> can<00:20:52.159> just

i've got seven economists so i can just

i've got seven economists so i can just press<00:20:52.400> a<00:20:52.480> button<00:20:52.720> and<00:20:52.799> speak<00:20:53.039> to<00:20:53.120> them<00:20:53.360> every

press a button and speak to them every

press a button and speak to them every piece<00:20:53.840> of<00:20:53.919> information<00:20:54.320> in<00:20:54.320> the<00:20:54.400> world<00:20:54.640> comes

piece of information in the world comes

piece of information in the world comes to<00:20:54.880> me<00:20:55.120> first<00:20:55.440> right<00:20:55.679> i<00:20:55.760> suppose<00:20:56.000> you<00:20:56.080> could

to me first right i suppose you could

to me first right i suppose you could have<00:20:56.480> even<00:20:56.640> got<00:20:56.799> the<00:20:57.120> like<00:20:57.360> all<00:20:57.440> the<00:20:57.600> resources

have even got the like all the resources

have even got the like all the resources that<00:20:58.400> that<00:20:58.640> went<00:20:58.880> into<00:20:59.200> like<00:20:59.520> you<00:20:59.760> go<00:21:00.000> to

that that went into like you go to

that that went into like you go to brazil<00:21:00.799> presumably<00:21:01.440> like<00:21:01.600> you'd<00:21:01.679> send<00:21:01.919> people

brazil presumably like you'd send people

brazil presumably like you'd send people there<00:21:02.400> and<00:21:02.480> have<00:21:02.640> a<00:21:02.720> look<00:21:02.880> at<00:21:02.960> the<00:21:03.280> i<00:21:03.360> can<00:21:03.520> speak

there and have a look at the i can speak

there and have a look at the i can speak to<00:21:03.919> anyone<00:21:04.400> anywhere<00:21:04.880> all<00:21:05.039> the<00:21:05.120> time<00:21:05.360> all<00:21:05.440> the

to anyone anywhere all the time all the

to anyone anywhere all the time all the information<00:21:05.919> comes<00:21:06.080> to<00:21:06.159> me<00:21:06.400> right<00:21:06.640> and

information comes to me right and

information comes to me right and if<00:21:08.240> you're<00:21:08.480> doing<00:21:08.799> like

if you're doing like

if you're doing like day<00:21:10.320> trading<00:21:10.799> yeah<00:21:11.039> you're<00:21:11.280> competing

day trading yeah you're competing

day trading yeah you're competing against<00:21:11.919> people<00:21:12.080> like<00:21:12.240> me

against people like me

against people like me who<00:21:13.520> do<00:21:13.679> this<00:21:13.919> 100<00:21:14.320> hours<00:21:14.480> a<00:21:14.559> week<00:21:14.880> who<00:21:15.039> have

who do this 100 hours a week who have

who do this 100 hours a week who have been<00:21:15.280> doing<00:21:15.440> it<00:21:15.520> for<00:21:15.679> 10<00:21:16.000> 15<00:21:16.400> years<00:21:16.880> who<00:21:17.039> have

been doing it for 10 15 years who have

been doing it for 10 15 years who have devoted<00:21:17.520> the<00:21:17.600> last<00:21:17.760> 20<00:21:17.919> years<00:21:18.159> of<00:21:18.240> life<00:21:18.400> to

devoted the last 20 years of life to

devoted the last 20 years of life to doing<00:21:18.720> nothing<00:21:18.960> but<00:21:19.200> this<00:21:19.520> you<00:21:19.600> know<00:21:19.679> what<00:21:19.760> i

doing nothing but this you know what i

doing nothing but this you know what i mean<00:21:20.480> and<00:21:20.799> if<00:21:20.960> you've<00:21:21.120> watched<00:21:21.360> it<00:21:21.440> for

mean and if you've watched it for

mean and if you've watched it for youtube<00:21:21.840> videos

youtube videos

youtube videos you<00:21:22.960> know<00:21:23.280> what<00:21:23.440> are<00:21:23.520> you<00:21:23.600> going<00:21:23.679> to<00:21:23.760> do<00:21:23.919> next

you know what are you going to do next

you know what are you going to do next like

like

like watch<00:21:25.200> a<00:21:25.280> few<00:21:25.440> youtube<00:21:25.679> videos<00:21:25.919> on<00:21:26.080> how<00:21:26.159> to<00:21:26.320> run

watch a few youtube videos on how to run

watch a few youtube videos on how to run and<00:21:26.640> race<00:21:26.880> the<00:21:27.039> same<00:21:27.200> bowl<00:21:27.600> you<00:21:27.679> know<00:21:27.760> what<00:21:27.840> i

and race the same bowl you know what i

and race the same bowl you know what i mean<00:21:28.080> like<00:21:28.320> realistically

mean like realistically

mean like realistically is<00:21:30.559> this<00:21:30.799> a<00:21:30.880> sensible<00:21:31.360> strategy<00:21:32.159> but<00:21:32.400> people

is this a sensible strategy but people

is this a sensible strategy but people think

think

think they<00:21:33.919> can<00:21:34.080> win<00:21:34.320> and<00:21:34.880> i<00:21:35.039> would<00:21:35.200> add<00:21:35.360> to<00:21:35.520> that

they can win and i would add to that

they can win and i would add to that even<00:21:36.080> me<00:21:36.480> when<00:21:36.720> i<00:21:36.799> was<00:21:36.880> a<00:21:36.960> professional<00:21:37.440> trader

even me when i was a professional trader

even me when i was a professional trader waking<00:21:38.159> up<00:21:38.240> at<00:21:38.320> 5am<00:21:38.799> every<00:21:38.960> day<00:21:39.679> i<00:21:39.840> didn't<00:21:40.080> day

waking up at 5am every day i didn't day

waking up at 5am every day i didn't day trade

trade

trade because<00:21:41.760> it's<00:21:41.919> that<00:21:42.080> difficult<00:21:42.400> to<00:21:42.559> make

because it's that difficult to make

because it's that difficult to make money<00:21:42.880> in<00:21:42.960> my<00:21:43.120> opinion<00:21:43.520> i<00:21:43.840> was<00:21:44.080> a<00:21:44.159> long-term

money in my opinion i was a long-term

money in my opinion i was a long-term trader<00:21:45.200> you<00:21:45.280> know

trader you know

trader you know you<00:21:46.400> make<00:21:46.559> a<00:21:46.640> long-term<00:21:47.039> assessment<00:21:47.600> you<00:21:47.760> put

you make a long-term assessment you put

you make a long-term assessment you put the<00:21:48.000> money<00:21:48.240> in<00:21:48.400> you<00:21:48.559> leave<00:21:48.880> it<00:21:49.120> you<00:21:49.280> know<00:21:49.520> that

the money in you leave it you know that

the money in you leave it you know that was<00:21:49.840> what<00:21:50.000> i<00:21:50.159> did<00:21:50.320> because

was what i did because

was what i did because it's<00:21:52.080> a<00:21:52.159> competition<00:21:52.960> you<00:21:53.120> know<00:21:53.200> i<00:21:53.280> mean

it's a competition you know i mean

it's a competition you know i mean there's<00:21:53.600> a<00:21:53.760> saying

there's a saying

there's a saying if<00:21:55.520> you<00:21:55.679> don't<00:21:55.840> know<00:21:55.919> who<00:21:56.080> the<00:21:56.240> idiot<00:21:56.559> is<00:21:56.720> at

if you don't know who the idiot is at

if you don't know who the idiot is at the<00:21:56.880> poker<00:21:57.200> table<00:21:58.159> then<00:21:58.400> it's<00:21:58.559> you

the poker table then it's you

the poker table then it's you if<00:22:00.640> you<00:22:00.799> think<00:22:00.960> you<00:22:01.120> can<00:22:01.280> beat<00:22:01.520> the<00:22:01.600> markets

if you think you can beat the markets

if you think you can beat the markets you<00:22:02.559> know<00:22:02.880> you<00:22:03.039> need<00:22:03.280> to

you know you need to

you know you need to understand<00:22:05.039> you<00:22:05.200> compete<00:22:05.520> against

understand you compete against

understand you compete against professionals<00:22:06.559> and<00:22:06.720> have<00:22:06.880> a<00:22:06.960> really<00:22:07.120> good

professionals and have a really good

professionals and have a really good understanding<00:22:07.840> of<00:22:07.919> what<00:22:08.080> you<00:22:08.159> have<00:22:08.400> that<00:22:08.480> they

understanding of what you have that they

understanding of what you have that they don't<00:22:08.799> have<00:22:09.200> you<00:22:09.360> know<00:22:09.440> what<00:22:09.520> i<00:22:09.600> mean

don't have you know what i mean

don't have you know what i mean otherwise<00:22:10.640> you're<00:22:10.799> probably<00:22:10.960> not<00:22:11.120> going<00:22:11.200> to

otherwise you're probably not going to

otherwise you're probably not going to beat<00:22:11.520> them<00:22:12.159> you<00:22:12.240> know<00:22:12.320> i<00:22:12.400> know<00:22:12.559> and<00:22:12.720> i<00:22:12.799> know

beat them you know i know and i know

beat them you know i know and i know this<00:22:13.200> is

this is

this is people<00:22:14.159> don't<00:22:14.320> want<00:22:14.400> to<00:22:14.480> hear<00:22:14.640> this<00:22:14.799> message

people don't want to hear this message

people don't want to hear this message because<00:22:15.280> people<00:22:15.440> want<00:22:15.600> to<00:22:15.679> believe<00:22:15.919> they<00:22:16.080> can

because people want to believe they can

because people want to believe they can get<00:22:16.559> rich<00:22:17.200> from<00:22:17.440> trading<00:22:18.000> but<00:22:18.159> it's<00:22:18.320> the<00:22:18.400> same

get rich from trading but it's the same

get rich from trading but it's the same with<00:22:18.720> gambling<00:22:19.120> right<00:22:19.360> people<00:22:19.600> want<00:22:19.760> to

with gambling right people want to

with gambling right people want to believe<00:22:20.000> they<00:22:20.080> can<00:22:20.159> get<00:22:20.240> rich<00:22:20.480> from<00:22:20.559> gambling

believe they can get rich from gambling

believe they can get rich from gambling if<00:22:20.960> you<00:22:21.039> want<00:22:21.120> to<00:22:21.200> believe<00:22:21.360> they<00:22:21.520> can<00:22:21.600> get<00:22:21.679> rich

if you want to believe they can get rich

if you want to believe they can get rich from<00:22:21.919> playing<00:22:22.080> the<00:22:22.159> lottery

from playing the lottery

from playing the lottery i<00:22:24.000> think

i think

i think we're<00:22:25.360> almost<00:22:25.679> there<00:22:26.000> with

we're almost there with

we're almost there with um<00:22:28.320> educating<00:22:28.880> the<00:22:28.960> public<00:22:29.440> to<00:22:29.600> the<00:22:29.760> point

um educating the public to the point

um educating the public to the point that

that

that that<00:22:32.240> there<00:22:32.400> is<00:22:32.559> an<00:22:32.640> acceptance<00:22:33.280> that<00:22:33.520> no<00:22:33.679> one

that there is an acceptance that no one

that there is an acceptance that no one wins<00:22:34.240> gamble<00:22:34.559> like<00:22:34.799> even<00:22:35.039> if<00:22:35.120> you<00:22:35.440> were<00:22:35.600> able

wins gamble like even if you were able