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Very exciting event happening tomorrow Sunday March 30th at 6pm EDT. We will be hosting a Twitter spaces to debate about a company called PureCycle Technologies $PCT.
 https://x.com/i/spaces/1eaJbWBDBXdxX 

Today shares of quantum computing stocks plunged as much as 45% after Nvidia CEO Jensen Huang told investors that useful quantum computers are decades away. If you've been watching this channel this should not have come as a surprise. We've published multiple videos debunking the quantum hype. Today's "quantum computers" are little more than random number generators that are not even close to doing anything useful. Quantum computing start-ups have raised billions of dollars from naive investors by promising that technological breakthroughs are right around the corner. Finally Jensen Huang has the courage to come out and tell everybody that the emperor has no clothes.


 https://www.cnbc.com/2025/01/08/quantum-stocks-like-rigetti-plunge-after-nvidias-huang-says-the-computers-are-15-to-30-years-away.html 

Poll for an upcoming video on the iPhone:

How excited are you for the new iPhone 16 with "Apple Intelligence?" 

We just released a video analyzing Keith Gill (Roaring Kitty)’s recent livestream. It’s on our second channel Broken Business Models. The Broken Business Models channel follows a podcast format where we discuss business which we think may be overvalued or unviable. 

Sam Bankman-Fried's sentencing is scheduled for March 28th. A court-appointed probation officer recommended a 100 year sentence. SBF's lawyers are asking for a lenient 5 year sentence in light of his "charitable works and demonstrated commitment to others". How many years do you think he will get? 

Binance will pay a $4.3 billion fine to settle money-laundering charges and CEO Changpeng Zhao (CZ) will step down. Good riddance to one of the shadiest characters in the crypto world. I hope the fine won't come out of user funds. 

 https://techcrunch.com/2023/11/21/binance-to-pay-4-3b-in-fines-and-ceo-cz-to-step-down-plead-guilty-to-anti-money-laundering-charges/ 

What sentence should Sam Bankman-Fried receive? 

Should we continue to add background music to our videos? 

🎉 1 Million Views Achieved! 🎉

Our recent video about the rise and fall of Richard Branson just crossed the 1 million view mark, a first on the Wall Street Millennial YouTube channel. We want to thank all of our regular viewers who made this tremendous achievement possible. Your support means the world to us and we're excited to continue delivering high-quality content.

Video link:  https://youtu.be/XvP7RV2umRU 

SEC deals knockout blow to Coinbase

Today the US Securities and Exchange Commission sued Coinbase alleging the crypto exchange is operating an unregistered securities exchange, broker, and clearing agency. By doing so, Coinbase deprived its customers of the protections and safeguards associated with regulation, in clear violation of US securities laws.  

Specifically the commission alleges Coinbase has earned billions of dollars by operating as an unregistered exchange and is seeking disgorgement of these ill-gotten gains plus interest.

Coinbase currently has about $5 billion of cash on their balance sheet and is losing money due to the current crypto winter. Depending on the size of the disgorgement, which the SEC is signaling could be in the billions, this could bankrupt the company.

Goodbye Coinbase

SEC press release:  https://www.sec.gov/news/press-release/2023-102