TXT/Group0006_S001_0_ID164.txt

[0.315,0.867]	0	none	[SONANT]
[3.200,5.320]	ID164	male	ah hello J P how are you today?
[9.920,10.900]	ID164	male	yeah um.
[10.910,11.857]	ID164	male	I got some questions.
[11.857,12.368]	0	none	[*]
[12.626,15.070]	ID164	male	talk to you about you I know you very informative.
[15.406,17.260]	ID164	male	about the whole cryptocurrency thing.
[23.420,25.450]	ID164	male	well first off I have no clue.
[25.550,26.483]	ID164	male	about it at all.
[26.483,27.137]	ID164	male	so how does this.
[27.440,32.110]	ID164	male	does it really take over the market when it comes to the U S dollars or the R and B.
[32.330,33.610]	ID164	male	or um.
[33.650,36.940]	ID164	male	any other you know it's it's institutionalized.
[36.980,38.500]	ID164	male	ah finance money.
[86.597,87.101]	0	none	[SYSTEM]
[88.130,89.710]	ID164	male	yes I understand I'm listening.
[135.080,135.797]	ID164	male	yeah.
[135.830,137.380]	ID164	male	yeah I know a little bit about that.
[164.570,168.220]	ID164	male	yes Lee I heard it before it not but also in the states.
[168.380,172.420]	ID164	male	we have something that's called like the federal reserve, so the federal reserve.
[172.640,174.070]	ID164	male	I know they are.
[174.140,176.290]	ID164	male	um they say they are connected to.
[176.300,178.838]	ID164	male	the finance system of America but.
[178.838,179.739]	0	none	[*]
[180.050,183.070]	ID164	male	come to believe it's just another banking system.
[183.230,184.240]	ID164	male	controlling.
[184.460,186.490]	ID164	male	the finance system in America.
[186.620,190.600]	ID164	male	so I know right now you just spoke about gold silver.
[190.790,194.500]	ID164	male	ah minerals or li- like natural things that that people are trading.
[194.720,195.430]	ID164	male	um.
[195.500,198.700]	ID164	male	but is even that even needed anymore.
[198.700,200.206]	ID164	male	like what's the value in gold?
[200.206,201.001]	ID164	male	and silver.
[201.080,202.021]	ID164	male	'cause it's not.
[202.021,202.560]	0	none	[SYSTEM]
[202.760,205.150]	ID164	male	currently like the many more times, you don't need.
[205.160,206.110]	ID164	male	to make.
[206.120,209.650]	ID164	male	I don't need a silver to make a sword I don't need to go hunt my food.
[209.840,212.500]	ID164	male	I can just hire somebody to do it. I don't need gold.
[212.750,216.700]	ID164	male	'cause gold is out of fashion who wants to wear gaudy go jewelries.
[216.740,219.190]	ID164	male	ugly disgusting just like much of yellow.
[219.350,220.330]	ID164	male	on your shirt.
[220.550,221.350]	ID164	male	so.
[221.750,222.543]	ID164	male	what I'm tryna.
[222.543,222.898]	0	none	[*]
[223.100,223.840]	ID164	male	how does.
[224.150,226.540]	ID164	male	bitcoin and all these cryptocurrencies.
[226.700,231.430]	ID164	male	obtain value, is it just because people imagine it hard enough like let's imagine.
[232.010,236.310]	ID164	male	ah like faith or belief if you believe in enough it becomes valuable.
[236.310,237.018]	ID164	male	is this the.
[237.018,237.909]	ID164	male	the case in.
[238.190,240.370]	ID164	male	cryptocurrency could there be some, me too.
[240.440,242.500]	ID164	male	how I'm gonna put my actual money.
[242.690,246.220]	ID164	male	invest it into a bitcoin or cryptocurrency.
[246.560,247.450]	ID164	male	and.
[247.850,248.800]	ID164	male	it's like.
[249.110,252.520]	ID164	male	gambling or playing in master game money.
[252.770,254.350]	ID164	male	where I get no feedback.
[254.480,255.460]	ID164	male	I get no.
[255.470,258.430]	ID164	male	money, so I'll make money back in cryptocurrency.
[258.620,262.720]	ID164	male	but what can I actually buy? can buy a house with cryptocurrency with bitcoin what.
[262.970,264.220]	ID164	male	like how does it.
[264.350,265.333]	ID164	male	is there a bank?
[265.420,266.050]	ID164	male	I go to.
[266.120,266.980]	ID164	male	like whoa.
[266.990,269.440]	ID164	male	let me exchange just amount of crypto.
[269.480,272.500]	ID164	male	for U S dollars or for R and B.
[272.570,274.360]	ID164	male	or wherever what have you.
[274.430,276.160]	ID164	male	or rupees you know.
[393.500,394.330]	ID164	male	I think.
[394.372,394.896]	0	none	[SYSTEM]
[395.321,395.844]	0	none	[SYSTEM]
[414.775,415.366]	0	none	[SYSTEM]
[420.840,421.430]	0	none	[SYSTEM]
[444.030,444.530]	ID164	male	oh.
[444.624,445.187]	0	none	[SYSTEM]
[447.900,448.550]	ID164	male	well I.
[448.800,453.050]	ID164	male	well I understand your point of view, that what you're coming up with this but also.
[453.150,455.270]	ID164	male	um what i'm trying to figure out.
[455.370,456.050]	ID164	male	is.
[456.540,460.310]	ID164	male	how do I change or even get into the business of.
[460.710,462.740]	ID164	male	Bitcoin or Crypto Currency.
[462.840,467.300]	ID164	male	cause I see this going on everywhere places with Podcast with what not.
[467.460,474.978]	ID164	male	and people are talking about, ah Bitcoin is failing, there's a new Cryptocurrency out now, ah, I don't know what the name of it is but.
[475.620,476.900]	ID164	male	how does one.
[477.471,479.750]	ID164	male	ah, get into that type of field.
[479.850,482.000]	ID164	male	is there like a broker is there like a.
[482.100,484.364]	ID164	male	a loan shark, is there an.
[484.590,486.200]	ID164	male	I know a lot of people going to internet.
[486.360,487.958]	ID164	male	but also my big thing is.
[488.031,490.010]	ID164	male	I don't feel safe with these website.
[490.050,490.940]	ID164	male	so these.
[491.310,498.669]	ID164	male	ah so i'm investing my money into a shady website that say's they're gonna transfer money into Bitcoin and give me back my investment.
[498.810,499.400]	ID164	male	but.
[499.461,502.856]	ID164	male	isn't that just now the former gambling like legal gambling.
[502.890,503.540]	ID164	male	that.
[503.670,504.332]	ID164	male	its.
[504.450,507.290]	ID164	male	this is why I feel very skeptic about this.
[507.420,508.610]	ID164	male	very skeptic.
[511.389,512.349]	0	none	[SYSTEM]
[567.840,568.580]	ID164	male	so now.
[568.710,571.340]	ID164	male	so if I interrupt let me ask you this so.
[571.470,572.150]	ID164	male	these.
[572.250,573.770]	ID164	male	security systems.
[573.930,574.670]	ID164	male	um.
[574.740,578.138]	ID164	male	say somebody like me that's a Mac user that uses a Mac.
[578.310,584.750]	ID164	male	that i'm not protected by the anti-virus of virus software that protects my information it comes in the Mac.
[585.090,587.786]	ID164	male	as, as it is but so un used in a P C.
[587.910,591.851]	ID164	male	this is also noticing, I don't feel kinda put on my, information in.
[591.990,594.680]	ID164	male	into a computer or let's say.
[595.020,596.960]	ID164	male	I would like to find someone that.
[597.240,602.485]	ID164	male	I would say a middle man and you say or, as when you go to bank you find a Bank Teller.
[602.670,607.438]	ID164	male	and the Bank Teller handles as all your process in a new paperwork and what not and.
[607.620,608.780]	ID164	male	and whose what.
[608.910,611.180]	ID164	male	is there anything like this.
[611.280,614.480]	ID164	male	cruelly go on the market cause I think only when this happens.
[614.610,617.510]	ID164	male	can this type of finance can really lift off.
[617.700,620.000]	ID164	male	because as right now I say yes this.
[620.010,622.520]	ID164	male	a lot of people with a lot of money the want to invest.
[622.710,623.750]	ID164	male	do new things.
[623.790,627.080]	ID164	male	I feel with this situation is not very stable yet.
[627.360,629.240]	ID164	male	like you said of a the- a theorem.
[629.670,630.860]	ID164	male	a theorem.
[631.410,633.830]	ID164	male	want first off that's a horrible word.
[633.990,636.140]	ID164	male	for any Crypto Currency its.
[636.420,638.060]	ID164	male	peep I can barely pronounce it.
[638.160,642.050]	ID164	male	and what do you think about other people like oh they put our money in theorem.
[642.300,645.500]	ID164	male	a theorem sounds like some have a poison you drink and you get.
[645.660,647.150]	ID164	male	Diarrhea from it so.
[647.310,648.050]	ID164	male	um.
[648.210,650.240]	ID164	male	with that point of view what.
[650.550,654.800]	ID164	male	is there a new scene where in the future that they're gonna have something like stable.
[655.110,656.584]	ID164	male	building or.
[656.880,661.430]	ID164	male	kind of institutional you can actually be involved in this for the better one on one with a person.
[683.544,683.981]	0	none	[SYSTEM]
[713.246,713.906]	0	none	[SYSTEM]
[743.027,743.705]	0	none	[SYSTEM]
[745.440,746.720]	ID164	male	but now let me say this.
[747.360,748.970]	ID164	male	but ha- how about?
[749.130,754.820]	ID164	male	if people like me I do not come trust a computer at all I don't trust A I even.
[754.980,759.978]	ID164	male	that people like you do not trust E I, A I A I will take over.
[760.110,763.167]	ID164	male	they manipulate the system the computers are working against us.
[763.260,767.060]	ID164	male	even today you seem mm many manipulations when it comes to computers.
[767.250,768.080]	ID164	male	so.
[768.660,773.000]	ID164	male	when I see all of this a bit just comes to like a big fairy tail.
[773.130,775.700]	ID164	male	it's a big hoopla it's a big cloud cover.
[776.190,779.720]	ID164	male	even um a sense of maybe even the people have.
[779.940,781.790]	ID164	male	big money as in rom money.
[781.920,783.950]	ID164	male	as in the dollars or the ram.
[784.110,787.490]	ID164	male	what are we have you they are controlling this by.
[787.590,793.010]	ID164	male	this have more people invest rom money into this fake money and we take the rom money than.
[793.421,796.550]	ID164	male	ah deep on 'em cause isn't this the same thing that happen in bitcoin.
[796.770,798.740]	ID164	male	many people go in to the bitcoin boom.
[798.810,800.358]	ID164	male	many few about bitcoin.
[800.520,805.490]	ID164	male	and they cannot do anything with it at all I remember reading the news about a gentleman.
[805.680,807.891]	ID164	male	that invested money to his bitcoin.
[808.008,811.280]	ID164	male	he forgot his password and he get into his money at all.
[832.714,833.112]	0	none	[SYSTEM]
[864.600,865.217]	ID164	male	so if.
[865.500,866.510]	ID164	male	we all better.
[866.700,870.470]	ID164	male	be better aware this also takes more responsibility on us as well.
[870.600,874.250]	ID164	male	to take better care of finances our information.
[874.410,877.700]	ID164	male	our private information I just say our passwords and.
[877.800,878.510]	ID164	male	anything.
[878.880,879.620]	ID164	male	um.
[880.056,885.530]	ID164	male	so do you do you believe that crypto currency is a wave is a future of finances.
[885.799,889.867]	ID164	male	for the future as a young investor do you think there's something I should.
[890.070,891.440]	ID164	male	because as different.
[891.840,892.880]	ID164	male	generations.
[893.280,895.190]	ID164	male	one person from my generation.
[895.350,898.161]	ID164	male	we believe in cold hard cash in our hands.
[898.260,899.000]	ID164	male	cash.
[899.160,899.900]	ID164	male	talks.
[900.060,904.520]	ID164	male	you have in your hands it speaks for itself you can see it is tangible it's there.
[904.800,906.320]	ID164	male	as in cryptocurrency.
[906.420,910.130]	ID164	male	it's more but just looking at computer screen you're gonna updates.
[910.320,915.440]	ID164	male	but there's nothing ever tangible the you can hold in your hand when it comes to bitcoin.
[915.570,917.180]	ID164	male	or a theorem or.
[917.280,920.270]	ID164	male	whatever potion you wanna call you a cryptocurrency.
[920.880,926.480]	ID164	male	is there anything like that you see that it will be ah actual tangible.
[926.820,929.030]	ID164	male	you can feel it touch it in your hand.
[944.619,945.133]	0	none	[SYSTEM]
[952.009,952.678]	0	none	[SYSTEM]
[981.915,982.449]	0	none	[SYSTEM]
[999.240,999.800]	0	none	[SYSTEM]
[999.930,1002.440]	ID164	male	so they have so you'd will you telling me.
[1002.630,1008.680]	ID164	male	the new use a U S B will take place as you can see like a debit card a bank card or credit card.
[1008.840,1011.849]	ID164	male	so still having a U S B ah a credit card you have a U S.
[1011.849,1012.172]	0	none	[SYSTEM]
[1012.500,1015.828]	ID164	male	and ah like you said you go to this offline server.
[1015.860,1018.378]	ID164	male	A K A an A T M huh.
[1018.440,1019.240]	ID164	male	and you.
[1019.310,1022.090]	ID164	male	install it and you get it back so it just like.
[1022.220,1027.160]	ID164	male	so digital currency is exactly what it means digital currency digital finance.
[1027.290,1029.170]	ID164	male	so instead of having a tangible.
[1029.300,1030.790]	ID164	male	you have it digitalized.
[1030.920,1031.720]	ID164	male	which is.
[1032.120,1036.940]	ID164	male	pretty pretty much was coming out of our age like you said with things like Alipay and WeChat.
[1037.340,1038.440]	ID164	male	um we all.
[1038.660,1040.120]	ID164	male	and Chinese until they use it.
[1040.250,1041.980]	ID164	male	but some countries like the State.
[1042.170,1043.630]	ID164	male	and Australia.
[1043.640,1046.780]	ID164	male	and even England they have not developed or even.
[1046.820,1047.920]	ID164	male	incorporated.
[1048.470,1052.210]	ID164	male	this type of digital currency into their financial system.
[1071.352,1071.895]	0	none	[SYSTEM]
[1101.210,1101.734]	0	none	[SYSTEM]
[1104.150,1104.770]	ID164	male	so.
[1105.170,1106.540]	ID164	male	so if there's a.
[1107.240,1108.580]	ID164	male	so there's a crash.
[1108.620,1110.020]	ID164	male	let's say there's a crash.
[1110.090,1113.230]	ID164	male	they say cryptocurrency takes over the digital currency takes over.
[1113.420,1114.580]	ID164	male	and there's a crash.
[1115.280,1118.990]	ID164	male	like the stock market is a sable there's a crashing cryptocurrency.
[1119.180,1122.740]	ID164	male	would you would it be safe to believe that instead of gold.
[1122.960,1126.460]	ID164	male	been you know not gold and take gold and silver is are reserved.
[1126.620,1129.520]	ID164	male	would it be safe to say that tangible money will be the reserve.
[1129.710,1131.440]	ID164	male	old currency will be the reserved.
[1131.600,1132.640]	ID164	male	instead of.
[1132.740,1133.780]	ID164	male	gold and silver.
[1133.910,1139.150]	ID164	male	or what do you think will be the reserve of cryptocurrency in digital currency it takes off because this is.
[1139.580,1141.280]	ID164	male	ah very um tsk.
[1141.920,1143.380]	ID164	male	we got to make sure.
[1143.990,1148.960]	ID164	male	like I'm just looking at the next step so this next step will take place of the reserve.
[1160.812,1161.345]	0	none	[SYSTEM]
[1190.668,1191.211]	0	none	[SYSTEM]
[1216.680,1218.170]	ID164	male	oh okay so.
[1219.020,1224.590]	ID164	male	well there's lots of take in um to look at the finances to see how my the future investment.
[1224.840,1226.300]	ID164	male	so with this.
[1226.430,1228.310]	ID164	male	all the information I obtained today.
[1228.740,1232.420]	ID164	male	ah the next step was find a stable website.
[1232.490,1236.110]	ID164	male	a stable connection with the cryptocurrency at the room.
[1236.450,1237.610]	ID164	male	I couldn't say that word.
[1237.710,1240.340]	ID164	male	ah for forsake so they need to change that.
[1240.441,1240.920]	0	none	[LAUGHTER]
[1240.920,1243.760]	ID164	male	something much easier like bitcoin was much easier.
[1244.070,1246.100]	ID164	male	um but I will look more into this.
[1246.230,1248.350]	ID164	male	and um I appreciate your.
[1248.660,1249.610]	ID164	male	assessment.
[1249.920,1250.453]	ID164	male	you're.
[1250.453,1251.119]	ID164	male	personalism.
[1251.300,1253.030]	ID164	male	and your insight into this matter.
[1253.130,1256.390]	ID164	male	they a look for to continuous conversation at another time.
[1268.640,1270.669]	ID164	male	ah anytime Jay talk to you soon.