
🚀 Can Bitcoin really hit $400K by 2025? Tune in now to hear mind-blowing crypto predictions from industry experts on the Digital Social Hour with Sean Kelly! This episode is packed with valuable insights on Bitcoin, Ethereum, meme coins, NFTs, and...
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Dan Young
We'll have one at a time. If they ban it from stock trading, she'll probably load up.
Unknown Host
Yeah. You think that ban will actually happen?
Dan Young
It could happen, but here's the interesting thing again. Being that the president owns so much crypto and so many Congress members, I don't think crypto will be held down too much from that.
Unknown Host
Foreign guys. Dan Young here today. Someone I've known for, man, seven, eight.
Dan Young
Years, long time, man.
Unknown Host
Finally got a podcast. You're so busy, so it's hard getting.
Dan Young
You out here, dude, you too, man.
Unknown Host
Yeah, no, but you are balls deep in the crypto space, so you're crazy. Even leaving now is a risk for your portfolio with all the meme coins.
Dan Young
It's nuts, huh?
Unknown Host
You know, stuff's down like 40 in an hour.
Dan Young
Yeah. Time to buy.
Unknown Host
Yeah. How's the fund going? The crypto fund?
Dan Young
Fund is great. Fund one is like 98% full, so we're launching fund two in March.
Unknown Host
Nice. Congrats, man. Yeah. With Bridger, right?
Dan Young
Bridger Pennington.
Unknown Host
Shout out to Bridger, the fund king.
Dan Young
Fun king, man.
Unknown Host
That guy has how many funds now?
Dan Young
Well, you know, his family, his dad is, like, had this thing, and his dad, he retired. But his Dad's fund is $48 billion.
Unknown Host
Holy crap.
Dan Young
Pretty juicy.
Unknown Host
Now, that must be one of the biggest of all time.
Dan Young
Oh, it's pretty, pretty big.
Unknown Host
What's in that one?
Dan Young
Is it stocks or real estate?
Unknown Host
Oh, really? Yeah. Tried and true, right?
Dan Young
Tried and true.
Unknown Host
Yeah. Sometimes you need some safe investments. Yeah, real estate's safe, right?
Dan Young
We take some of our profits from our bag and roll it into boring old man investments.
Unknown Host
Yeah, yeah, I remember you used to tell me about some. Some flips you used to do.
Dan Young
I keep telling you to buy real estate with extra cheddar, you know?
Unknown Host
Well, I finally bought some.
Dan Young
Oh, good.
Unknown Host
Yeah, I got one. I got one now, and I kind of want to get more. I get these ads for. What are your Thoughts on the Section 8 stuff.
Dan Young
It's kind of trending like anything, but you know how that Airbnb took a big trend, you know, But I just think, just accumulate. Accumulate and be patient. 5 years plus. Get good cash flow. Life is good. Hopefully rates come down.
Unknown Host
You know, we were in the Uber on the way here looking up house prices in Park City. Some of them were like 5 million.
Dan Young
Yeah, they've gone up.
Unknown Host
Yeah.
Dan Young
I bought one in. In Salt Lake in Holiday for a million and a half, and it's like 5 million now.
Unknown Host
Holy crap.
Dan Young
It's been a while.
Unknown Host
Lake.
Dan Young
Yeah.
Unknown Host
So even Salt Lake's going up. Yeah, dude. It's nuts, though, because when you have big events like Sundance, you can rent this out for a thousand bucks a day.
Dan Young
It's crazy.
Unknown Host
That's what the guys here are paying.
Dan Young
That's not that bad. That's not that bad.
Unknown Host
Yeah, but you could pretty much make your mortgage in two weeks.
Dan Young
You can.
Unknown Host
You know, real estate could be the way if you got to know what you're doing, though. Yes. A lot of people lose money in real estate.
Dan Young
Yes. Not as much as crypto. When they mess up, we'll try to help everyone.
Unknown Host
Yeah. Crypto has got to be like, a 97% losing rate for the average person, I'd imagine it's pretty bad.
Dan Young
It's just like when, you know, when they go to Vegas and they think they're going to be a poker player.
Unknown Host
Yeah. I mean, same with stocks, though.
Dan Young
Yeah.
Unknown Host
I think 90% of people lose on stocks.
Dan Young
Too emotional. Most people.
Unknown Host
Yeah. But you've got good control over that, right?
Dan Young
Well, we try to meditate, you know, being a Vulcan and all.
Unknown Host
Yeah. Plus you do the data analysis, so I feel like you're pretty comfortable when you make investments.
Dan Young
Yeah, we do a lot of diligence before each position that we put into, so it's. It's been a good ride.
Unknown Host
Yeah. You don't just see one video on social media and buy off someone's opinion.
Dan Young
No.
Unknown Host
Try not to see what a lot of people do. You saw with the Hawk to a coin.
Dan Young
That was crazy. Trump.
Unknown Host
Coin.
Dan Young
Coin. Melania.
Unknown Host
Now, you could have made money on Trump and Melania, though.
Dan Young
You could have. You could have made some money, but.
Unknown Host
You had to be there early, short term. Yeah. Did you get in?
Dan Young
I got some at 8. Like $8 something. It's pretty early, so I did okay and then sold it pretty quick. But I'm not a day trader. But that one was kind of fun, you know, but we thought it was a Rug when it launched. Right. This is. His account's probably been hacked. But we knew it wasn't hacked, most likely because it went on Truth Social at the same time.
Unknown Host
Right? Yeah.
Dan Young
So both accounts getting hacked. Probably a low chance of that.
Unknown Host
I thought the Melania launch was a dumb move.
Dan Young
That was pretty dumb because that messed.
Unknown Host
Up the Trump Coin price, right?
Dan Young
Yeah, everybody just moved a little bit over, but, you know, I mean, the whole family's in it now.
Unknown Host
They'll launch Baron Coin next possibly, you.
Dan Young
Know, but their big money, you know, is in their own private holdings like that World Liberty and, you know, a few things like that.
Unknown Host
They're stacking crypto.
Dan Young
Right.
Unknown Host
I just saw them buy a bunch of Ethereum and Bitcoin.
Dan Young
Lots of Ethereum, lots of Bitcoin and lots of. Well, actually it's mainly Ethereum in that deal. I don't know how much Bitcoin they actually have, but they're buying a lot of the tokens that will be hopefully tax free. US based. Right.
Unknown Host
Was Solana one of them?
Dan Young
I don't think they have a whole bunch of soul, but I mean, just big stacks of Ethereum in there. But you are seeing like chainlink and some other stuff, so we'll see what happens.
Unknown Host
Yeah. So you think there's a good chance crypto could be tax free in the future?
Dan Young
American based crypto. But I got a crazy theory. So, you know, whatever Trump's buying indirectly or whatnot, right. With let's say world liberties, whatever he's buying there. Here's the thought.
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Dan Young
The President is buying that and he is hiring all the guys who regulate that. Right. There's probably a good chance that whatever he's buying is going to go up for the next few years. There's a darn good chance. Right, because he's going to put the wind in the sails. And with Congress, you know, possibly being completely banned from dealing with stocks, you're just going to move to crypto, which is even more fun. Right?
Unknown Host
That's a good point. They are finally getting some heat on the stock stuff, right? Yeah. And the donations and who's donating what.
Dan Young
To who Buy what, you know, Nancy Pelosi buys and don't buy what Jim Cramer recommends. And you know, people have done these mirror trades.
Unknown Host
Yeah, they've done the inverse. Kramer.
Dan Young
Yeah.
Unknown Host
ETF or whatever.
Dan Young
That's right.
Unknown Host
He gets so pissed whenever he sees it.
Dan Young
It's all red.
Unknown Host
I mean, it's wild that everything he says goes down.
Dan Young
Yeah.
Unknown Host
Like you got to try to be that bad.
Dan Young
I feel like it's crazy.
Unknown Host
Like you got to. If you're shooting that low.
Dan Young
That's amazing.
Unknown Host
That's a skill in itself.
Dan Young
It is crazy.
Unknown Host
You know, it's crazy. But are you, are you bullish on bitcoin and Ethereum still?
Dan Young
I am. You know, I have some predictions for that. You want to hear them? Predictions? So right now we're floating around 100,000, you know, around there. But here's the thing. Every four years there's a bitcoin halving. Right. Where the mining difficulty becomes twice as hard and then we typically see a bull run.
Unknown Host
Yeah.
Dan Young
Bitcoin first, usually, Ethereum second, then alts and then a bunch of DJ and small stuff. Right. But Ethereum is kind of stalled out, you know, and so we took have seen some alts rise. But here's the thing. The biggest thing is the government. If they start buying bitcoin and other crypto for strategic reserve, then of course, you know, our friends in China and Russia and all these other countries are going to be in this mad rush to buy, just like when they started accumulating gold. Right. But I think even with the Biden administration, there was a big Blessing. So, you know, Fidelity and BlackRock launched their ETFs, Bitcoin and Ethereum, and that got approved while Gary Gensler was head of SEC and during the Biden administration. So that's a blessing from the people who we thought didn't like crypto.
Unknown Host
Right.
Dan Young
And here's the thing. If you look at all those companies that dropped ETFs, they control almost over 20% of the S&P 500.
Unknown Host
Damn.
Dan Young
So do you think the government is going to let blackrock fail? I mean, if, if blackrock and Fidelity went insolvent, like, we would be like an Armageddon for the U.S. economy.
Unknown Host
Yeah.
Dan Young
So being that those are there, it's. It's pretty inevitable. It's like garage band, mainstream. And so my Bitcoin prediction, if we don't do a strategic reserve, it could be around 120 to 200,000. In that range, we don't know. But within maybe by the end of the year, possibly, if that strategic reserve launches. I mean, some of my friends and our acquaintances are saying 400,000. A million dollars. Cathie Wood's like over a million in a short window. Possibly.
Unknown Host
Michael Saylor said that too.
Dan Young
And it could have Larry Fink, like, what is he putting it out at? 400,000. And he's the CEO of BlackRock.
Unknown Host
Right. So he's probably super conservative on it.
Dan Young
Yeah, that's pretty crazy.
Unknown Host
I mean, BlackRock just bought some Ethereum today. Did you see that?
Dan Young
Oh, they're always Biden.
Unknown Host
Oh, well, they bought another, like a huge chunk today.
Dan Young
Oh, man, that's.
Unknown Host
Well, for them it's nothing. But for us it's a lot. So I don't know if it. Did it go up today?
Dan Young
Ethereum's been going up the last couple days.
Unknown Host
Okay.
Dan Young
Pretty significantly more. Way more than Bitcoin.
Unknown Host
Yeah. So they could be stocking up. And other countries might have reserves too. Right. If they, if they follow our suit.
Dan Young
Oh, yes. Gold, silver. Right. Bitcoin, Ethereum. And you know, Ripple obviously is pretty hot. Right?
Unknown Host
I missed that one. Dude, did you get on that one?
Dan Young
I've had Ripple for like, year, like six, seven years.
Unknown Host
And so Diamond Hand, but it was crap.
Dan Young
They just flooded sideways. But I just kind of let it sit. See, you have tokens, right?
Unknown Host
Yeah, but that's where people lose money when it went sideways. They just sell.
Dan Young
Yeah. They freak out because they get bored.
Unknown Host
Right. But you believed in the banking aspect of it, right? That was always their goal.
Dan Young
That's what we, you know, thought would happen. And really, the Big thing that caused it from going up is the SEC had, you know, Gary suing him. So with all this legal stuff clearing out, boy, that's. That's really good opportunity.
Unknown Host
Did Gary step down yet, dude? Or is he still.
Dan Young
He's out.
Unknown Host
He's out. Thank God. Oh, my gosh. Yeah, he went after every U.S. exchange, every U.S. token. I mean, he probably would have went after Trump.
Dan Young
Yeah. You know, he's teaching at some college, and some big company is threatening to not give money to that college or anything unless they get rid of them.
Unknown Host
Really?
Dan Young
Yeah, because he made a lot of people, like, not. He's not friends with a lot of people that he's suing, you know, I.
Unknown Host
Mean, he let FTX happen, too.
Dan Young
Geez.
Unknown Host
That was probably the biggest crypto scam of all time.
Dan Young
It's crazy. You got Diddy and Sam sitting in.
Unknown Host
The same cell maybe, and Luigi.
Dan Young
Oh, man.
Unknown Host
Yeah, all three of them are. No, they're literally in the same prison.
Dan Young
It's crazy.
Unknown Host
That's crazy. I just had Tiffany Fong on. She was talking about that. Wow. You also said the bank of America CEO is interested in the space, right?
Dan Young
Yeah. So there's a big law change now where banks can, you know, do more custody for crypto. So you're going to see probably bank of America and every major bank now. You're going to be able to deposit bitcoins there just like you would in your checking account with dollars. So that's. That's pretty mainstream.
Unknown Host
That's big, man. Because I got banned.
Dan Young
You're banned.
Unknown Host
Not from that one, but from another bank. From using. For using crypto.
Dan Young
Oh, yeah, we've done that. We've had that problem, too. Like shopping for a bank to deal with crypto.
Unknown Host
Everyone in crypto has dealt with it.
Dan Young
Oh, man.
Unknown Host
Because once you get to a certain level in crypto, they just ban you.
Dan Young
Yeah.
Unknown Host
Just for saying you use crypto.
Dan Young
Yes.
Unknown Host
You know, it's like a big deal in the space, but ultimately clear now we're all good. I got to hit up Chase then and see if they'll take me back.
Dan Young
Yeah, I think we might have just taken a wire from Chase. So in crypto, US dollars. But if. If someone sends our hedge fund to wire and it says the word crypto, and the receiving company.
Unknown Host
Oh, yeah, yeah.
Dan Young
Then they're like, flag this thing.
Unknown Host
That's why I got. I did a Zelle for some crypto and it got flagged.
Dan Young
Sucks.
Unknown Host
And I had millions in revenue through that bank, man.
Dan Young
So weird.
Unknown Host
So weird. And like, 10 plus years of relationship.
Dan Young
You know what's crazy, dude? We're like back in the late 90s. It's like back to the Future, remember? Well, you were actually probably even born.
Unknown Host
I didn't watch that movie.
Dan Young
Like little. No, this is like real life.
Unknown Host
Yeah, I was born in 97.
Dan Young
Yeah. So what the deal is, is back then everybody said that the Internet was a scam. Oh, it's used for nefarious crap, all that. And I remember speaking in Las Vegas at Comdex about, hey, the Internet's the next thing. Everyone's gonna be buying everything there. And now everybody is. Right? So imagine you had got involved with some of the stocks on the Internet, Amazon, Facebook, when It was like 2008. Some of the stuff, early years when everyone was said, it's kind of scammy. But that's where we are with crypto right now. So everyone's like, well, if I had only. But you're sitting in the what if I had only right now. So would imagine getting an Nvidia or Microsoft or Amazon when they were new. And that same similar opportunity chain's happening.
Unknown Host
With Ethereum, Solana and Ripple.
Dan Young
Bitcoin, it just means bitcoin. It's like bitcoin's kind of huge. So it's like Apple stock, right?
Unknown Host
Bitcoin, you won't really get 100x at this point.
Dan Young
Yeah, not. Yeah, it's already risen a lot. So at least timing wise, depending when this podcast plays, right now it's very beginning of 2025 and you know, if our crystal balls were working, we would see the bull run running through Q3, Q4.
Unknown Host
When does the. The halving end? This year?
Dan Young
Well, having already happened a little over a year ago. And so usually after that you start seeing bitcoin starting to rise within a year or so when we already seen that it actually early ran. But now there's a good chance you're going to see a lot of the other tokens take a massive lift.
Unknown Host
Do you think this will be the last bull run?
Dan Young
I don't think so. And it may not follow the familiar four year cycles anymore because the four year cycles were, you know, were kind of like garageband, meaning that it was small, it was kind of a bunch of nerds working with it. But now with blackrock again and Fidelity, and if the government starts buying it, then it's just like everybody needs it. You know, it's kind of like when the iPhone first came out, you know, it was like Apple, they're okay, they're pretty.
Unknown Host
Yeah, I feel like those didn't take off right away, right?
Dan Young
No, they had to kind of get traction, Right.
Unknown Host
I think my first one was the six. Yeah, which. Which model was your first one?
Dan Young
Three.
Unknown Host
Oh, so you were in early 3s or something? Okay, yeah. IPhone 3. Wow. That's the earliest I've heard that one, honestly. Good job.
Dan Young
Yeah.
Unknown Host
Did you just like the tech behind it or.
Dan Young
Oh, it's just cool, you know, you get all your stuff in one and it makes life easy.
Unknown Host
I feel like they haven't made any major changes, though.
Dan Young
It feels like the same thing. Huh?
Unknown Host
It feels like it, right?
Dan Young
Just a little bit.
Unknown Host
They upgrade the camera a little bit, you know, little slight changes. But now, did you see this AI one actually, this AI update?
Dan Young
Oh, yeah, yeah. I'm playing with that, dude.
Unknown Host
It's. It's interesting. I turned it off because it was a little invasive, but I think it's interesting.
Dan Young
It's spying on you, dude.
Unknown Host
I mean, I would get a paragraph text message and it would summarize it for me without me even wanting that. Yeah, I just woke up one day when it was on. I just don't want it having access to my messages and stuff. So I turned it off, but I thought it was interesting.
Dan Young
Oh, but man, then we. You better remove TikTok and Deep Seek, man.
Unknown Host
You think so?
Dan Young
Oh, yeah. You know, our long lost relatives in China are probably reading everything.
Unknown Host
I never knew what to believe with that stuff, dude.
Dan Young
I think though, they can access a lot of that. But then again, our own government's probably able to access all our stuff too.
Unknown Host
Yeah. So would you rather have Chinese governments knowing or your own? Which one are you more scared of? I guess.
Dan Young
Well, our own government. Cause they'll probably, you know, do. They can do whatever they want to do to you based on that here in China, they don't care. Maybe they're just measuring American patterns. If it's like Elon Musk's iPhone or something, or Jeff Bezos or the President's iPhone, that's concerning.
Unknown Host
True. I share the same philosophy. I'm more scared of our government than China spying on us.
Dan Young
Yeah, they just, you know, they probably just want to be able to see what a lot of executives here are doing. So, Jensen Wong and stuff. What's going on in his. His iPhone, man. Like little news about AI and they kind of know the news before anyone.
Unknown Host
Knows the news or insider trading.
Dan Young
Yeah.
Unknown Host
You know, there's sites that you could just copy Congress's stock trades.
Dan Young
It is.
Unknown Host
There are. And you make like 40, 50% a year?
Dan Young
Some of them, huh?
Unknown Host
Some of them, yeah.
Dan Young
Just a lot of people copy Nancy Pelosi.
Unknown Host
She's not even the top one. No, she's number seven.
Dan Young
Really?
Unknown Host
Yeah, she's just the most famous because she's an old lady. There's other people higher than her, but they're like middle aged men, I guess so it's more plausible in people's eyes. Yeah, but with Nancy, like, what is she, like 80 years old?
Dan Young
Pretty old, yeah.
Unknown Host
She just had a fall and stuff and she's still trading in the hospital, you know, like, come on, it's wild.
Dan Young
I wonder if she has a crypto bag. Huh?
Unknown Host
I wouldn't be surprised. She's got some good intel, you know.
Dan Young
She definitely will have one this time. Go. If they ban her from stock trading, she'll probably load up.
Unknown Host
Yeah. You think that ban will actually happen?
Dan Young
It could happen. But here's the interesting thing again. Being that the President owns so much crypto and so many Congress members, I don't think crypto will be held down too much from that.
Unknown Host
I feel that now obviously you're in the computer space too. Did you see the Nvidia crash the other day?
Dan Young
Yes, because of Deep seq. Yeah.
Unknown Host
What'd you think of that?
Dan Young
You know, China came out with an AI model they said they developed for five and a half million dollars only. And it's more powerful, right, than open AI chatgpt and stuff. But I believe they're lying. And this is what I mean. I believe they're actually doing one of two things. One, they actually have super high end GPUs that weren't allowed to be exported to China. But somehow they got their hands or they're using it by proxy. So they're just using cloud based servers that are American servers to do that. And how they got their code is they probably train their model by interacting with open AI, right?
Unknown Host
Wow. With ChatGPT, that'd be crazy.
Dan Young
But the Chinese copy us on everything. Like if you come out with a phone, a car or anything, then they got something.
Unknown Host
They're so good at that.
Dan Young
Oh man.
Unknown Host
Dude, Rolexes are so like good. Like the fake ones are so good now you can't even tell.
Dan Young
Yeah, I saw this one chick, she had this like, she's like this Hermes bag pro or something and she's like, check out this bag and look at this $50 one bought from China. And the buckles, everything quality were like so hard to tell.
Unknown Host
The, I mean that's how good they are. They're faking Designer, like so easily. They call it one of one now because it literally is a replica.
Dan Young
Dude, that's crazy.
Unknown Host
It's kind of scary. I mean, you know, I still like.
Dan Young
Nvidia though because look, even if they have a better model, they're going to need chips to power it. Right. So it's like they just made it more efficient.
Unknown Host
Is there still a shortage? I remember when I bought my computer off you, the massive shortage on chips. Right.
Dan Young
Massive shortage on the new 50 series just came out. And Blackwell. Right. Nvidia's new AI servers and Meta and Amazon and Tesla, they've all pre ordered so much. So pretty much right now, as fast as Nvidia can pump out those gpus. Yeah, they're going to sell them.
Unknown Host
Are they ordering that for the VR space?
Dan Young
Mainly AI, AI processing.
Unknown Host
Yeah, yeah. Because that requires a lot, right?
Dan Young
Yeah. And with crypto we're not. Back then the demand was because people were mining with gpu.
Unknown Host
Right. But they're not. Yeah. And you used to be a Miner.
Dan Young
Yeah. In 2014 we built the biggest bitcoin mining facility in Utah.
Unknown Host
Crazy. So that was when bitcoin was what, like a couple hundred bucks?
Dan Young
Between our mining cost was about 350. 350. A bitcoin. So really cheap.
Unknown Host
Holy crap. Imagine if you kept that running.
Dan Young
Oh man. Well now the electricity, you know, too expensive. And all the havings.
Unknown Host
Yeah. People don't factor in the electricity cost. Right. Unless you have free electricity, which some governments have.
Dan Young
Yeah.
Unknown Host
I think. Was it El Salvador? I know one place is doing it for free.
Dan Young
Some of them use like geothermal.
Unknown Host
Yeah. Right.
Dan Young
So they have like heat that's trapped underground hot water and you know, natural ways to do it. But it'll be interesting to see how that shifts because everyone's been moving away from this whole heavy duty mining thing to a proof of stake, which means it's a different. It doesn't suck as much electricity.
Unknown Host
Ethereum did that, right? Yeah. It was supposed to lower the fees and it didn't. Fees are still stupid all the same. I was so excited when they did that. I thought the price would go up.
Dan Young
And then there's so much money to be made though, for young people. We were just talking about before we started doing this as you know, all the meme coins and all the different things like that. But you remember back in the NFT day, we were like way into that back in the day and meme coins, people are getting meme coin fatigue. Meaning right now in meme comes. There's so Many coming out. There's like 3.8 million tokens now. And back in the day there was maybe, you know, a few hundred thousand.
Unknown Host
Right.
Dan Young
And so being it's so easy for people to go like to that pump fund and just make their own token, it's just going up and down. But I think people are getting kind of sick of that. And so I do, I do see a lot of capital migrating actually out of memes into actual ecosystems, maybe into Solana itself. Ripple, things like that, you might see more movement into.
Unknown Host
I think so too, because too many people are losing their ass.
Dan Young
Do you remember when everyone got NFT fatigue?
Unknown Host
Yeah.
Dan Young
And it was like borrowed.
Unknown Host
Yeah. That space crashed, man. I mean, there was a Metaverse fatigue too.
Dan Young
Do you still have your. Any apes?
Unknown Host
I still have my mutant ape.
Dan Young
Yeah. I have my mutant ape too.
Unknown Host
I never sold a single NFT to be honest.
Dan Young
Yeah, just keep them, huh?
Unknown Host
I just was buying them to network with communities because each NFT had a good community of thousands of people that were like, if you bought the right nft, they were high level people. Yeah. So I just used it. NFTs as networking.
Dan Young
That's kind of the same thing too. I still have my, my mutant too.
Unknown Host
Yeah. I don't know what they're at now.
Dan Young
But couple like 2.3 Ethereum.
Unknown Host
That's not bad compared to most projects. Yeah, everyone, everything else other than that. And penguins crashed.
Dan Young
It's crazy.
Unknown Host
Yeah. What a wild time. NFTs.
Dan Young
It's crazy.
Unknown Host
Yeah. But like you said, if you're like on the Internet every day you have these opportunities. Some people made a killing with NFTs.
Dan Young
People really need to dig into crypto right now because it's going to go mainstream, but it hasn't actually gone super mainstream. If you take the average, if you take the whole US population, still a very small amount of people actually own a decent amount of crypto. It's still like so small. All of crypto right now as of today is what, about three and a half trillion? Well, Nvidia is three and a half trillion. So all of crypto is like the size of one privately held private company.
Unknown Host
Yeah.
Dan Young
I mean it, it is like the early stages still.
Unknown Host
That's true.
Dan Young
So people that aren't getting involved, I think they're crazy.
Unknown Host
Yeah. Well, Nvidia's number one now though, right? For stocks.
Dan Young
Nvidia Market Cap, which is. Well, they got their butts kicked for, you know, 17% in a day from Deep Seek and I think Microsoft. But it switches, right?
Unknown Host
Yeah. Either way the fact that they blew up from three years ago.
Dan Young
Oh yeah. Insane.
Unknown Host
If you got into video, you're up a lot.
Dan Young
That's crazy.
Unknown Host
Yeah.
Dan Young
10 grand, I think invested in 2019. I was talking on another podcast in 19 about it about a few weeks ago for their little 15% adjustment. Would be worth over $400,000.
Unknown Host
Holy crap. That's crazy.
Dan Young
You know how people freak out when crypto drops? Like they freak out, right?
Unknown Host
Yeah.
Dan Young
I don't know if people know this, but Amazon and Apple in the year 2000, within the year dropped over 70%.
Unknown Host
Wow, that's high for a stock, especially a public stock like that.
Dan Young
Yeah, but remember back when the Internet was earlier, people thought it was kind of you not, you know, so for sure. Just like they feel about crypto right now.
Unknown Host
So it's like, I remember meta, after the metaverse flop, kind of tanked, right?
Dan Young
Yeah, a little bit. And then it really ran up, right?
Unknown Host
Yeah. What caused it to run up again?
Dan Young
Well, they're making money from ads, right.
Unknown Host
So it's hard to bet against Soc dude. And now he's making the right move, sucking up the Trump.
Dan Young
I think he's getting all buff now he's got a chain on whoever did his rebrand.
Unknown Host
They need to be paid more because.
Dan Young
He did well with and getting on Joe Rogan. Smart dude.
Unknown Host
Yeah, getting on Rogan being more personable. You know, he was like a robot before.
Dan Young
Yeah.
Unknown Host
Like five years ago.
Dan Young
Like a lizard. Lizard robot.
Unknown Host
There are theories of that. Do you believe in diversification?
Dan Young
I do. You within crypto or all things?
Unknown Host
No, just like investing in general.
Dan Young
Yeah. I think we've talked about this for years, right? For over seven years. I'm like, hey, when we make a lot of money during bull runs, I've always said to you, man, like sell some of that and move to some boring cash flowing assets like in real estate.
Unknown Host
Yeah.
Dan Young
And real estate's not super exciting, but when you get really old, it's nice to have a bunch of it and you just get your wire every month and you got your property management company taking care of it and you know, they're not making a whole bunch more land. And you know, real estate is. As long as humans are here, we're going to kind of need it, right?
Unknown Host
Yeah. That's something I've learned. That's a different business of life. Just like, because I'm good at making money. But keeping it and investing and growing it, that's a whole nother business.
Dan Young
Yeah, Real estate is great. Equities, the stocks, obviously. Things like that. And you know, still just about every month. This sounds crazy. I go to the coin store and I buy one ounce of gold.
Unknown Host
Really? Yeah.
Dan Young
One ounce of gold.
Unknown Host
I got some gold too.
Dan Young
People thought this was crazy, but when I first started buying gold in the year 2000, it was $325 an ounce. And now it's what, like 2670. Really? Yeah.
Unknown Host
So 8x?
Dan Young
Yeah.
Unknown Host
And what year did you buy it?
Dan Young
I started in 2020.
Unknown Host
Wait, 25x?
Dan Young
It's still pretty good. Yeah.
Unknown Host
Holy crap.
Dan Young
But inflation's been really crappy too. So.
Unknown Host
True. If you factor that in, it's probably even, you know, Man. Yeah. But real estate I'm liking more and more. When I was younger, I was like, this is too slow for me.
Dan Young
Yeah.
Unknown Host
But now that I want to have kids and stuff, I want something a little more safe, steady.
Dan Young
Yeah. And then when you have your cash flow from real estate, you can take some of that and invest it in speculative stuff like crypto. Crypto's super risky. Right. But you know, if you have good cash flow, then you can sleep good. And remember we talked about emotions being the biggest problem people have with stocks or crypto or anything. Yeah. If you have that constant cash flow, you have a lot less emotional swing facts.
Unknown Host
Because then you're not relying on that, Right?
Dan Young
Yeah.
Unknown Host
Because that's where people over leverage their portfolios, I think.
Dan Young
Yeah. They used to get too greedy too fast and. But here's the thing. Think about this. If you bought Bitcoin or if you bought Apple stock, or if you bought a piece of real estate, even if you didn't buy at the ultimate low and you were five years patient, usually you did okay. And so the five years patient rule I like to apply to most assets.
Unknown Host
That'S a good rule.
Dan Young
Same thing with a business. Like some people, like, I'm not making money my first year, it's like, dude, give it, like, give it time.
Unknown Host
Yeah. Two, three years at least, right?
Dan Young
Oh, yeah. A lot of times you're losing money hard in the beginning.
Unknown Host
Oh yeah. I was. I'm sure you are with Xidax, right?
Dan Young
Oh, yeah. Anything in the beginning. Losing hard. And even when things get good and they build momentum, you have those years where there's a crash in the market or whatever and you lose money for a couple years and it's long term, but stay long term.
Unknown Host
Are you still pretty optimistic about the PC gaming space? Is that still doing well?
Dan Young
I think gaming's taking an interesting new big surge now. Maybe when Grand Theft Auto 6 comes out one day. But whenever there's a big refresh in video cards, we just did this new 50 series from Nvidia. Big demand cycle. But with computers though, you have AI, which is just massive and you need good computing power. And most jobs going forward. A lot of jobs now are just content creation.
Unknown Host
Yeah.
Dan Young
Like you creating content or people editing it. And you need computers to content create and entertain.
Unknown Host
I need a lot of storage these days, dude. Holy crap. We got 1400 episodes.
Dan Young
Oh, geez.
Unknown Host
1080P. Some of them are in 4K, so it's a lot of storage.
Dan Young
We'll get you like three or four 22 terabyte drives.
Unknown Host
That's what I need, man. Yeah, dude, I got AI companies offering stupid money for that, those episodes.
Dan Young
Really?
Unknown Host
Yeah.
Dan Young
That's awesome.
Unknown Host
Yeah. But I'm not going to do it.
Dan Young
No.
Unknown Host
I don't want to be cloned yet. It's so tempting though, like when I see the money.
Dan Young
Oh, they want to buy your face.
Unknown Host
No, they want to buy all the data so they could train their own AI models. Because there's going to be AI podcasts in the future.
Dan Young
Yes. I thought they wanted to buy your face so they could AI you into digital clone.
Unknown Host
Digital twin. Yeah, I've done that. It's not fully there yet, but I could see that being a big business.
Dan Young
Is the mouth out of sync and.
Unknown Host
Kind of like a little bit. Yeah.
Dan Young
Serious looking.
Unknown Host
But that, that's an interesting business model to clone yourself and then charge people to talk to you or whatever.
Dan Young
That's actually pretty good. Especially if you're getting old.
Unknown Host
Yeah.
Dan Young
You start, you. Let's see a lot of these actors and actresses getting old and you know.
Unknown Host
That'S what I'm saying. Like if I pass away, I could like license that to my kids and they could sell it. They could keep the money. Like that's interesting, right?
Dan Young
Yeah, that would be.
Unknown Host
Talk about legacy J Even like can't.
Dan Young
They license like Michael Jackson and Elvis and all that?
Unknown Host
Yeah, there's. There's estates that have their rights and they probably license it out by now, I assume to AI companies.
Dan Young
That's pretty crazy.
Unknown Host
I wouldn't be surprised. You'll probably see them in movies in the future. Yeah, you know, movies are. Actors are going towards AI.
Dan Young
Absolutely.
Unknown Host
So not just the writing part, the actors.
Dan Young
Wow.
Unknown Host
Isn't that nuts?
Dan Young
That's crazy.
Unknown Host
That's the most expensive part of a movie.
Dan Young
Yeah, that is true.
Unknown Host
So you're just going to see someone's face, but it won't be them.
Dan Young
That's crazy.
Unknown Host
Yeah, it's nuts. The future is going to be interesting. Are you going to get a humanoid robot in your house?
Dan Young
An Optimus?
Unknown Host
Yeah.
Dan Young
I mean, I'll probably preorder, you know, but I'm still waiting for my Tesla Roadster. It's been five more than five years, so I think Elon needs to get that thing out.
Unknown Host
And did you put a deposit on that?
Dan Young
It was a referral program. So if you send a bunch of people, they gave you super discount in a reserve spot.
Unknown Host
Okay, so. So they put out the Cybertruck before that.
Dan Young
Yeah.
Unknown Host
That's interesting.
Dan Young
I love it though. I bought one. Did you get a Cyber truck yet?
Unknown Host
I have a 3. I am no longer going to be driving electric though.
Dan Young
Really?
Unknown Host
Yeah.
Dan Young
Are you worried about the. The electrical?
Unknown Host
Yeah. Have you done any research on that?
Dan Young
Yeah, I heard a lot of it's when you're sitting. If you sit in there while it's charging, you're cooking yourself.
Unknown Host
Like that's the worst. Yeah, but have you taken your test on a super long drive before?
Dan Young
Usually just around the city.
Unknown Host
I don't go, so you'll be fine.
Dan Young
I take the gasser for long drive. Yeah, drive to Vegas, take the Jeep.
Unknown Host
The problem is when you're in there all day type stuff and charging your phone and charging your car and there's videos of EMF meters being held up to it.
Dan Young
Oh, man.
Unknown Host
Fries you.
Dan Young
You don't want to do that's like watching your burrito cook in the microwave.
Unknown Host
Yeah, I got rid of my microwave too.
Dan Young
Oh no.
Unknown Host
You could get extreme with this stuff.
Dan Young
Dude, are you extreme now?
Unknown Host
I'm borderline.
Dan Young
Are you living on air and almonds?
Unknown Host
No. There's Brian Johnson levels of extreme. I never want to be there, but like he sleeps at the same time every day and you could live like a robot. But I don't want to be there ever. Yeah, I want to still have fun.
Dan Young
Got to have some fun.
Unknown Host
But I want to be healthy too. So I'm like a little extreme, I'd say. What about you?
Dan Young
Yeah, same thing. You know, I've been trying to eat grass, finished meats, right?
Unknown Host
Yeah, some people would say that's extreme.
Dan Young
Yeah. And you know, a lot of grass, finished meats. Still eat some veggies and stuff. Try not to eat sugars too much, Right. And try to move around at least 30 minutes a day. I mean.
Unknown Host
Yeah, some people say that's extreme. Some people would say just being an entrepreneur, you know, our lifestyle is extreme.
Dan Young
Some people would say being in crypto is Extreme. Check this out. I got this shirt 2014, and it shows that God gave us maybe bitcoin.
Unknown Host
That's so cool, dude. Do you have any theories on who invented bitcoin?
Dan Young
Aliens? No, it's really tough to say, you know, with that. Probably some just coding nerd guy. You know, a lot of people think the government invented it.
Unknown Host
I've seen that one.
Dan Young
You know, it's hard to say.
Unknown Host
I have heard, allegedly, that the government has a large wallet, like underground wallet.
Dan Young
Really? Yeah, they just have a huge bag.
Unknown Host
Huge bag.
Dan Young
They're even going to have a huger bag.
Unknown Host
I mean. Yeah, that's just the public one, but I'm saying I heard they have some huge bags behind the scenes.
Dan Young
Oh, yeah.
Unknown Host
I mean, look at how the government's spending.
Dan Young
Maybe the satoshi back.
Unknown Host
Yeah, could be. I have heard a theory of. One, there was three founders. One of them's dead. Two of them are still alive. So who knows?
Dan Young
It's hard.
Unknown Host
I wonder if it'll ever be revealed.
Dan Young
Maybe, maybe, maybe Trump will reveal.
Unknown Host
Imagine if he started it.
Dan Young
That and. Or maybe Elon, you know?
Unknown Host
Yeah, I wonder if Elon's. He has Doge, right?
Dan Young
Yeah.
Unknown Host
See big in other coins.
Dan Young
You think he hasn't talked too much about what he owns? He loves to talk about Doge. Yeah, but he did. What was it? Something Maximus. Gluteus Maximus or some weird. He changed his name to that on X and some random crap coin just freaking ran. And it was because it had the same name.
Unknown Host
Yeah.
Dan Young
Which was kind of funny.
Unknown Host
They're doing that with Trump's speeches now. If he says a certain word or if something's in the background, they'll launch a coin. It's straight djen stuff.
Dan Young
But that was just like NFTs, remember? They'd NFT everything. Like pictures of actors, like.
Unknown Host
Yeah, it's crazy.
Dan Young
Well, dude, I still got my McLaren NFT.
Unknown Host
I still got mine, too. It's probably at point zero one. I just did that as a. Again, a networking thing. Yeah. You know, I have a lot of.
Dan Young
Weird things I bought and it's all fun.
Unknown Host
It's like collectibles, though. Yeah, it's all fun. I got like 600 Funko Pops.
Dan Young
Oh, I have some of those. I have some. I still have your dinosaurs.
Unknown Host
Chibis. Yeah. Yeah. I'm gonna start collecting ancient coins, too.
Dan Young
Physical, physical, ancient coins. There's a coin shop here in Utah called All About Coins, and they have crazy ancient coins. In fact, they had a cross that you open up, and inside were the ashes of some Saint what? Yeah, dude.
Unknown Host
Whoa.
Dan Young
Yeah. And you go there. I bought a signed, authenticated Brigham Young, which is a Mormon leader guy thing. There a photo in a frame for a friend. But they've got, like, Mormon money from the original pioneers. You're talking like 300,000 a coin, dude. And you just go look at it. The guy's got them there.
Unknown Host
That's historic. I definitely want to start. Is that in Salt Lake? Yeah.
Dan Young
All About Coins are gonna love me.
Unknown Host
I love history, dude.
Dan Young
Oh, dude.
Unknown Host
Yeah. I got George Washington's hair in my office.
Dan Young
Really?
Unknown Host
Yeah. I got old books.
Dan Young
Go to All About Coins. You're gonna find the weirdest. You know, I think sometimes you'll even find, like, a shrunken head, like a human skull.
Unknown Host
That's wild. Yeah, I got some old Roman coins. Shout out to Kinser Coins. He's giving me some cool stuff.
Dan Young
Crazy stuff.
Unknown Host
Yeah, yeah. That stuff, when you hold it just feels special, you know?
Dan Young
It is special.
Unknown Host
Yeah. Well, dude, it's been cool. Where can people buy a computer off you? Keep up with you and get crypto.
Dan Young
So zidex x I-dot com. You want to buy stuff, but if you just go to Dan's Millionaire code on Instagram. I love that computer. Compared to any other platform, Dan's Millionaire code. And I answer all my messages. You got crazy questions. I got to queue them up, but I'm here to help. Cool.
Unknown Host
We'll link your stuff below. Thanks for coming on, brother.
Dan Young
Thanks, man.
Unknown Host
Peace, guys. Smoke.
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Digital Social Hour: Crypto Predictions 2025 – Bitcoin to $400K? | Featuring Dan Young
Released on March 6, 2025
Hosts:
In this episode of Digital Social Hour, host Sean Kelly engages in a deep and unfiltered conversation with Dan Young, a prominent figure in the cryptocurrency space. The discussion spans a wide array of topics, including the future of Bitcoin, government involvement in crypto, investment strategies, the impact of AI, and emerging trends in NFTs and meme coins.
Dan Young shares his optimistic outlook on the cryptocurrency market, particularly focusing on Bitcoin's potential surge. He discusses the implications of governmental actions and institutional investments on crypto's future.
Bitcoin’s Growth Potential:
Government and Institutional Impact:
Dan emphasizes that with significant players like BlackRock and Fidelity entering the crypto space, coupled with potential strategic reserves by governments, Bitcoin and other cryptocurrencies are poised for substantial growth.
The conversation highlights the importance of diversification in investment portfolios, contrasting the high-risk nature of crypto with the stability of real estate.
Real Estate as a Stable Investment:
Crypto’s Volatility:
Dan advocates for a balanced approach, suggesting that while crypto offers high-risk, high-reward opportunities, real estate provides steady cash flow and long-term security.
The discussion delves into the advancements in artificial intelligence and its intersection with cryptocurrency, including the role of companies like Nvidia.
AI and Hardware Demand:
AI in Creative Industries:
Dan highlights the symbiotic relationship between AI advancements and the cryptocurrency market, noting that the increasing demand for AI processing power is driving hardware innovations and investments.
Sean and Dan explore the intricate dynamics of the stock market, including the influence of prominent figures and the potential shift towards crypto.
Influence of Public Figures:
Market Reactions to Leadership:
The conversation underscores how market sentiments and actions by influential leaders can significantly impact both the stock and crypto markets.
The hosts discuss the saturation and fatigue within the meme coin and NFT markets, suggesting a shift towards more substantial and ecosystem-driven tokens.
Meme Coin Saturation:
NFT Evolution:
Dan notes that the overabundance of meme coins and NFTs has led to market fatigue, causing investors to seek more value-driven and utility-focused tokens and projects.
Emphasizing the importance of a diversified investment portfolio, Dan advises balancing high-risk investments with stable assets to mitigate emotional and financial stress.
Balanced Portfolio Advice:
Long-term Investment Strategy:
Dan advocates for a patient, long-term approach to investing, encouraging diversification across different asset classes to ensure financial stability and growth over time.
The conversation touches on futuristic technologies such as AI cloning and humanoid robots, pondering their implications for society and industries like entertainment.
AI Cloning and Digital Twins:
Humanoid Robots:
Dan and the host speculate on the integration of AI and robotics in daily life, envisioning a future where digital clones and humanoid robots become commonplace, transforming industries and personal lifestyles.
Dan Young on Bitcoin’s Potential:
On Investment Diversification:
On AI and Crypto Synergy:
On Meme Coin Saturation:
This episode of Digital Social Hour provides insightful perspectives on the current and future state of the cryptocurrency market, investment strategies, and the interplay between AI and crypto. Dan Young's expertise offers listeners a comprehensive understanding of the complexities and opportunities within these rapidly evolving industries. Whether you're a seasoned investor or new to the crypto space, this discussion underscores the importance of diversification, patience, and staying informed to navigate the volatile yet promising landscape of digital investments.
Stay Connected:
Note: This summary is based on the provided transcript and podcast information. For a complete understanding, listening to the full episode is recommended.