Episode 162 - Deshawn Miller, CEO @commcrypto

You're listening to the only place on the internet that offers the perfect blend of high quality premium cigars and cryptocurrency news and commentary. Welcome to cigars and crypto. Now here's your host, Invest New York. Good evening ladies and gentlemen. Welcome to this episode of cigars and crypto. You know who it is. It's your boy in the world. Let me tell you. Always happy to have this

brother back on the show so that we can chop it up monthly. My man 50 grand. The show of crypto commandments was good, fam. What's good brother? How are you feeling? Man, I'm trying to be like, you know, I grew up. They keep telling me Pimping eight dead. I said, I know I see him very much. I'm getting appreciated. It's been a long way to bro.

We missed last month, but I'm happy to be here. Man, someone's just happening in space. So let's chop it up. Yeah, man, let's go for it. Man, I was taking a look at a lot of the fun going on in the space man about the price drop and Bitcoin. A lot of people don't understand that. You know, 30 minutes of due diligence and two hours of

looking at past charts would have told you we should expect a slight pullback. Nothing goes up forever. I've been waiting on this pullback. Shit. Since our last call. I'm getting charted since our last call. I was over a month ago. And I actually got fearful that it wasn't going to be a lot of fun. I thought the Michael sailors and the Eli musk would continue to

buy every time we flirted with that. It's like 50 every time we flirted with 50 or 49K, they would come in and buy. And on my chart, I had it going down to like, we had it going around the 47. I think it touched 47. And so my fear was that, well, not fear of my thought was that the Michael sailors, the Eli musk, the arc.

It was a lady from art. I think it was, I thought that they would continue to buy every time they saw weakness. Right. And Bitcoin's momentum. And I'm happy. I'm like, I'm happy. It did that low. Like I had some buy sets. So yeah, the score broke. Like, they know, there's nothing. There's no mystery to it. Exactly. You know, it pays to do your due diligence.

It pays to do your own research. Yes. And there are a lot of fakes out here who just want to have the spot. Not like on them. So again, just do your due diligence. Do your research. And I'm happy that it took that dip and they paid off. Like I said, man, it was across the board. I was happy. I'm interested to see what will happen

now that it took that dip. It was like a folks called it up for it. It's amazing to me. They call it a bear run or yeah, actually said it to actually say that the market is in the bear cycle. It's not true. If you look at your charts, you just change your timing when you're chart. Zoom out. And if you look at the monthly, you

can tell that it's still in a, it's still bearish. Yeah. I mean, I'm sorry. It's still bullish. Yeah. Still going up correction. We're still bullish. And we're still going up. So it's. It's just a lot of fun going on, man. And it's it's a. I feel sorry. Again, I say I feel sorry for some of the news who come in and they jump in these shit

coins and these shit projects like doge. I stand by that. I'm a stand on that. If you got a problem with it, you can. You can come see me. Right. I have no issue with that. But I mean, yeah, you can spend it places, but it's still a shit coin. Like, you can. You can. So infinity. Just stay away from the project. That's just like the

let me retrace this. The media wants to pose it as though the cost of everything is going up. When the truth of the matter is the dollar is gone down. It's lost buying power by 20% since the first stimulus went out right. What did we just say? I just said that the housing market is right. So I'm just reflecting a 18% increase. You know what I

mean? I said the prices are up 18% the highest employer of or the highest. Yeah, the highest employer for America is still house building. It consumes the most industries as it stands right now. So folks are like, oh, my property value is going up. No, you're spending powers going down. And your dumb ass is listening to the media thinking, oh, well, yeah, my house. No, you're

losing. I'm going to go today. You losing everything that's going on today is I'm really going to go there. It's going. It's what happened in my opinion. I'm going to take a step here. It's like what happened in Russia before the collapse. You know, and folks who can see are accumulating as many assets as they can. You don't give a damn. What type of assets they

are with their physical assets, digital assets. Um, but it's, it's an asset nonetheless that will retain its value over the test of time. So my advice to all the new ours listeners is to go out and grab some of them assets. I'm not going to argue with you. If you want to grab some silver, not going to argue with you. If you want to grab some

art, or if you want to put it in the watches, or if you want to put it into land, or houses, go out and get you some assets. If you want to get you some digital assets, how that I can help you. I would love to. I know that's right, man. You know, I'm a big proponent of a owning land. And I'm a big silver bud.

So, you know, people get yourself something. You know, don't. Right. Right. You know, don't depend on the dollar in your bank account. This is staying you and your family, man. You know, you got to diversify your holding so that you can continue to grow. Even in an economic downturn. You know what I mean? It's real important, man. And, and they coming out in rows. And announcing

it. And it's, it's, I feel a little disrespected. I'm not going to lie to you. I feel not even a little. I feel very disrespected by the, the, the Jamie diamonds of the world. Yeah. Just came out today and said, okay, well, JP Morgan's going to put together a fund so we can accumulate Bitcoin. Like it's just the way that the media manipulates folks on an

emotional level. It's, it's frustrating for me to say the least. It's more self-fresh than it because I just got all my money. I'm my family to start to believe. I should, they put their faith in me, not in crypto. But I finally got my family put their faith in me once they see the numbers that crypto can do. And it's like. The media has such a.

A whole or an influence on those individuals. They're scared to let go of stuff, even though they see it happening in front, even though they see bad happening in front of. Yeah, they know, man, people have a. Go ahead, bro. I'm sorry. Now you go ahead, man. People have a tendency to gravitate towards perceived safety. And that perceive that perception or that perceived safety. Often means

that they are unable to level up because they cannot or they have an inability or are unable to take a risk. Right, right. Bitcoin is a risk. Not because it's a risky asset, but it's a risk because it shifts the paradigm. It's different from what you are accustomed to. The way you custody it, the way you own it, the way you hold it, the way you

move it is different from everything that people are accustomed to. And so they tend to shy away from it because they trusted sources of information. So long have been telling them not to deal with it and going back to Jamie diamonds, whole ass. He was the first one talking about, you know, because I used to work for them. Yeah. And they were fighting people. Right. If

I've been catching people are holding Bitcoin, you know, I mean, I'm a fire more in the spot. I'm like, now your whole ass buying. Right. Like people like that. They money making feel like they untouchable. And I don't operate that way. Right. So it's all let's shift gears a little bit. Okay. So you're right on Jamie diamond. Let's talk about the, what was it? The deputy

to Comptroller or currency Comptroller? Yes. Talk about brand books for a little bit. My man went from Coinbase to Comptroller currency. Just put in place policy for banks to hold. They can hold and operate nodes and stay for coins. Right. And then he after being on the job for what was it? Like less than a year maybe he leaves and now starting May 1st, he's going

to be the CEO of Binance, US. He said it's self up for the win. My man threw a all you to a self from half court, baby. Right, right, right. Shit. Like I just want to know how, how do I get to that? How do we get to that? Like it was, I mean, you talked about a self-fulfill prophecy. Damn. Um, how can I make the

laws work for me like that? So I'm, I'm perplexed. Like I feel like it's some bullshit. But at the same time, I'm a fan of the policy that he's put in place. I'm a fan of the way that he up until the move over. I was a fan of the way he was moving. Um, even though he came from Coinbase, a lot of the policy that

he's implementing is what is needed in this space. I'm just tired of seeing. The rich get richer at a cost to those who are below them. And, and, and Bitcoin is not is supposed to Bitcoin will change that as soon as folks are willing to let go of and shit the fear of controlling their own. Currently, you know, man, you said something that you said a

word that really peaked my interest, bro. At the end of the day, it really is about fear. It's the fear of failure that prevents people from taking risks and moving forward. It's fear. And that fear is perpetuated by so called trusted sources of information. And I sit back and I think about, you know, how I got into the space, man. And it's just really weird, man,

that people, and, and I don't blame people for not seeing Bitcoin with IC Bitcoin. I don't blame people for that. Right. Because everyone is unique. Everyone is different. Everyone has different stimuli and different motivations. You know, but for me, bro, it's a no brainer, man. It really is a no brainer, though. I mean, let me ask you this though. So when you first got into space,

for a lot of the people, I call them OGs, anybody who got in before 2017. And I know that doesn't make you a Bitcoin OG, but for trading purposes, I call that means you know how to download a wallet. So crypto OGs, the folks who got in during the ICO age, a lot of them. And I know you got in before that, but a lot of

those folks didn't have folks to hold their hand in the process. A lot of them. And I think that, of course, I don't know. I think I'm always going to get into space talks. And I'm not going to, I'm going to read it for you. So let's listen to it. I'm still up, I haven't call it like that. And I think I drove to notebook there.

And I, I put that in the back, I was about getting out the store and talking about Twitter, YouTube, YouTube, YouTube and YouTube or you saw something similar to what happened with the city ass project. Safe Monday, where it blew up. That was just like an IC. Oh it blew up. And then people who were getting in at the top was always all that fun. So

you even fall in the one or two categories. And when you did something that took off or you're overcome your fear by wanting to get when your money back or wanting to earn more funds. Right. And that's how folks learn to take that lump. And that was by watching YouTube videos, following signal groups, following folks who are getting the ICOs and things of that nature. The

problem that we're running into now is people are feeling like speaking of fear. It's always too late to get in a whole bit coin is $60,000. It was $3,000 last year. It's too late. It's not too late. As a matter of fact, I think we get ready, this getting ready to kick in the high octane. A lot of these companies have it shit Goldman Sachs, Morgan

Stanley, some of their folks called for it to be 100K by June, 120 by June. I'm gonna be surprised, man. I honestly wouldn't be surprised. Because now you got both retail and institutional money coming into the space. And one thing I say all the time is that corporate entities know more about America and Americans than the government does. They rely on analytics and data. I just

found an article that said that PayPal had been plotting on cryptocurrency for 10 years ago. Yeah. I just found out we'll be talking about that in my class when I get off here. But like, and they played shy. It's crazy. The way they structured so they're structured. They wrote it out to where you'll have you'll be able to trade for Bitcoin, but you can't you can't

get it physically. So it's to get their audience used to the idea of acquiring this cryptocurrency that moves up and down without having to experience what I have to go through the worry of pulling it off exchange or holding it physically yet. And I think that they're doing that to tease their audience to get them used to the notion of cryptocurrencies. But it's going to be.

It's going to be interesting when they take the leaf off and they start to transition into receiving those funds. I'm wondering are they going to do that? Do as a lot of these companies do and use it for treasury purposes as they begin out. Or are they going to be, you know, I'm wishing right here a little bit more authentic and offer folks like a reward,

you know, I mean, or incentive for using cryptocurrency. Because eventually, well, smart money is already getting out of the dollar. And eventually you'll have a more educated PayPal have a more educated audience. And they'll be looking to us right at that dollar too. So. Hey, are you looking to invest in Bitcoin? Coin Flip is the easiest way to buy coin Flip ATM's let you trade cash

directly for crypto. And you can get started with as little as $5. You heard that right. Five dollars. Use discount code. No, R29 in OIR29 for 10% off any transaction at a coin Flip ATM. Find a coin Flip ATM location near you at coinflip.tech. That's COINFLIP.TECH coinflip.tech. Don't forget, use that discount code. You know, I think, I think a lot of what we're seeing right now

with companies like PayPal and Venmo and. Cash app are harbingers of a future to come. And. I agree with you that they are conditioning people. To use Bitcoin. I think they're creating experiences for people to use it. Whether it be as a currency on the PayPal side of the house. Or as an investment on the Robinhood side of the house. Right, right. I get you as

as. As traders and Bitcoiners, you and I understand that, but to the average person, they don't get that. And they don't understand why we say that because in their mind, they're safety and leaving their their cryptocurrency on these platforms. So I had a person who got caught up. I'm glad you mentioned that we had a person get caught up in the group. And they were like,

well, why are you guys so against Robinhood? And I was like, well, let's say you trade a city token like boats. Okay, you can trade those on Robinhood. But let's say you trade in those. All right, you can get Joe doge on the multitude of other exchanges where you actually physically owned it in your wallet. So let's say I'm a trader who pulls it off and

pull it into my wallet. All right, now I can take that doge and there are so certain companies that will allow you to buy products with the dog coin versus if I was trading it on Robinhood, right, I can't pull it off of Robinhood. All I can do is trade it back in for a fee. So I'm going to lose the value that it acquired if

it raged if it goes up and I have no choice but to in order to protect myself, I have to sell it into another digital asset or into one of those assets on the Robinhood platform versus if I physically owned it, I can go and buy some gift cards or you know, I can go and order certain companies that do business and accept those coins. It's

shitty as it is. For that reason alone, I don't use Robinhood. I won't even I don't trade on it. I don't even open it. I'm going to add up. I think there are better apps out there. Change there's just a whole bunch of apps out there. I'm not no one gets free press. So, but there are better apps out there. All right. Yeah, man. I mean,

you know, I think I think the work that you and I do trying to educate new people is equally as important as the work that core devs do. For crypto currencies and blockchain projects, you know what I mean? We've got it's like you said before, man, I got in this space, bro. It was YouTube, but for me, it was really Reddit and Bitcoin. That's why I

learned about Bitcoin. And then 2016 I stumbled on the crypto Twitter purely by accident because someone in a in a Reddit form said that there was something called crypto Twitter. And I was like, what the fuck is crypto Twitter? I thought Twitter was Twitter. And then that's how I felt I had a fucking rabbit hole. You know what I mean? And I ran into man's a

guy son shout out to man's a bro. I got to have you back on the show, but yeah, you know what I mean? And I think I think that work man educating people to what's important in the space and how to navigate this space and how not to get scammed and how to identify. Real opportunity is a beautiful thing. You know, I have found myself looking

more and more for applications that support flexibility and using Bitcoin. You know what I mean? Shout out to Zay for posting something earlier today. And I appreciate him doing that man. And so I think it was called sovereign BTC or something like that. I fuck with side. I'm not a sovereign alone way, bro. What they're gonna do for Bitcoin is going to be awesome. It's awesome.

The D5 big man fight right right. So I'm like, I don't have to see what's good with that. You know, we've been talking about that for a while. They're doing a slow roll. I'm still digging into it myself. Research and it's a little bit more complicated than I thought it was going to be. But it's worth the time. I want to piggyback on what you said

about. He may be. Bitcoin Zay made a comment today talking about folks getting involved in NFTs and some other stuff. And I think he has some maximalist come after him. I look at it like this. I think we even talked about this, bro. You got to do whatever you got to do to get your bread up. So if you like me, I trade. I'm a big

fan of certain projects in this in this space. I trade. Right now I'm down across the averaging in certain projects. And then I trade those are investments. And then I trade the same tokens that are listed in grayscale. And I'm not looking for 100 to 200% returns. I'm cool getting that 4% return and then taking that over to Bitcoin. Right. Because I made it's a lot

less volatile. I can understand I can see what's going on. And I can read those charts, see those patterns. Take my wins and going about my business. Exactly. I prestar really did appreciate him coming out saying that if your hustle is different, if you want to acquire NFTs, you know, and then let's say you found a five year NFT that was coming out and it doubles

in value. And then you sell it for double the ETH you pay. And then you go and you switch that over to Bitcoin or Ethereum. You're working the system. That doesn't mean you're not a Bitcoin maximalist. You're working the system. You see, you're able to see two or three steps ahead and capitalize it on. I'm not going to fault you for that. But for folks who

say, oh, it's only Bitcoin. The majority of those folks who got in super early, they went in before 2016 and before the ICO craze. They are. By all standards rich. So how dare you judge me for getting my hustle on. You know what I mean? A lot of you. A lot of you guys agree to his hill and a lot of them were liquid. When they

went into it and they had someone holding their hand. It wasn't it wasn't just them. So like, I'm with you, bro. Like whatever you got to do to hustle. Especially in our community. Like, we don't even get to have conversations about shit like this. I walked around to my friends and was talking about NFTs and Bitcoin. And they called me. I called me crazy. I've been

crazy for the last four years until now. Now it's, oh, what's good? How's crypto? I'll get all these text messages and shit. But before I was crazy. You got to do what you got to do, bro. Right. Right. You know, I will never. Ever knock a man for the way he kisses bread up. It's. Not even hurting nobody. Right, man. Get it. Get it. Get it.

You know, like they say one from it, you got to get that shit out the mud. Cause. Mm hmm. However you got to do it. Do it. Yeah. And change your condition. Yes. And why you had to change the way you think. Change that mindset. Why you're mad? Yeah, man. Yeah, man. I talked to a brother the other day. I'm not even going to mention him.

Um, but man, he. I talked to this brother about venture capital. And his story. And how he came from nothing to being a venture capitalist. And his story was just mind blowing in the middle. And it really made me realize I need to change the way I think about money. And I need to change my relationship with money. And when I say money, I'm talking about

Fiat. Because I want to get out of Fiat and into Bitcoin. You know, I was telling my wife the other day, my wife was like, you know, you got all, you know, started all these got their businesses. And you tell them I'm taking Bitcoin and putting all the money in the Bitcoin. How are you going to pay bills around the house? I said, well, that's what

Fiat is for. Right. Not everybody. Not everybody's going to pay me in Bitcoin. But the people who pay me in Bitcoin, I appreciate. That shit, Pimp. Appreciate that. On low treasury. Right. You know, my companies, well, my companies will hold all of their value in Bitcoin. Yes, sir, yes. I'm talking to somebody today about Miami. And they were like, uh, the tickets. I think the tickets

down there. You get half of you paying crypto. And one of the homies was like, they ain't getting none of my crypto. I was like, shit, you better take some of the Fiat and convert it. That's stupid. Like you just converted on the spot. Right. Oh, I think about that. It's like, well, I'm going to get a little bit more to the point. How? Like I

hold on the man with vice grips, but anytime I get a chance to spend that Fiat, I'm burning it up. Who you going? You can have all of this. Here we go. That's my favorite. Y'all take cash. Cause I'm losing value if I hold it. Yeah, man. So man, what else you got going on brother? Uh, wait, wait, wait, wait, what you smoking on, I see

you. It's a guard. Man, what you smoking? I mean, y'all, y'all helped me step my game up. Uh, right now I got a, I have a batch 30 from, from the homie are over in a prohibition to guards. It's fire. Yeah. Oh, man, I got to shout the homie out there to sail going today. I ordered three batches. I hope my wife's on this. It's your

way. You're going to be a little bit more. I had to support though. They were talking about there. We're going to kick in a bottle, um, a bottle of whiskey burbing in Scotch. It was like, they want me to have it. So. Yeah. I might. So I see. You know what? I'm going to do that too, man. As soon as we done record, I think I'm

going to hit his sight up and I'm going to go, uh, get me some. Yo, man. Tell everybody listening to me. If you are a true cigars and crypto, uh, fan and listener, make sure you visit prohibition cigars. Um, my man, R.A. Makes a fantastic smoke. Make sure you hit them up prohibition cigars.com. Get you a couple of fire packs. You know what I'm saying? You

can't go wrong with none of them. No wrong with none of them. Yeah, man. Yeah. Finally wrapping up the dem unstoppable domains website. Man, it'll be done by the end of this month. My daughter. Uh, for Nadiya strong. Got to shout her out. Got to shout out. Miss Nadiya Khan. Her, uh, transplant is coming up next month. Super excited for Nadiya. Everything's going great. Good. So

yeah, look for that at the beginning of May. Uh, Nadiya strong dot crypto and we'll be accepting donations and shit. Bitcoin, like horn, Ethereum, US DT. Uh, we take ripple. All of that bat, all of that. Um, and it's for a young lady. She's fighting off a kidney disease. She needs a kidney transplant. She will probably need a future, you know, future surgery. So, uh, her

family didn't know anything about cryptocurrency. I told her about Bitcoin and how it would appreciate it. And value and how if we could take her donations and turn or convert them into Bitcoin, it would help her out substantially. So the Khan family is excited. Uh, and we are excited as well because my daughter's friend will be healthy and happy and ready to return to school in

the fall. So I'm geeked up over here. Man, a lot of big things happening here for us at crypto commandments and helping develop the community. So I'm super, super excited, man. My man, my man. Good brother. So tell me. What are the folks where we can find you online? All right, you can catch me at, uh, crypto commandments or crypto calm dot IO as crypto commandments.

And then you can email me at the shine at crypto calm dot IO to see our wide Pto C O M M dot IO and, um, com crypto on Twitter. They hated on me on Twitter because of. Any help entering this crypto space, man, I'm here to help. Uh, I love to help movies simply because I don't want you guys to jump into shitty projects. So,

uh, come talk to me, man. I love to talk to you guys. My man, ladies and gentlemen, the show of crypto commandments. Brother, it's always good to talk to you, man. Look before seeing you this weekend. Look before the chopping it up, which you next one on the show. You know it broke. Okay. Wait for the weekend to come. Get that good, uh, get that good.

Herf and with the rest of the family. You know it. You keep kicking ass, bro, man. You doing your thing. I'm super happy for you. Super proud of you. And, uh, I'm even happy to call you a friend and brother, man. Much love to you, bro. Much love you as well, man.