* AI ("Artificial Intelligence") subtitles on Tagalog.com are generated using "Whisper" by OpenAI (the same company that created ChatGPT and DallE2). Results and accuracy may vary.
* The subtitles do include errors occasionally and should only be used as a tool to help with your listening practice.
* You can request this website to create a transcript for a video if one doesn't already exist by clicking the "Request AI Subtitles" button below a video. Transcribing usually takes 30-40% of the length of a video to complete if there are no other videos in
the queue. For example, a 21 minute video will take 7-8 minutes to transcribe.
* Running a super fast cloud GPU server to do these transcriptions does cost money. If you have the desire and financial ability, consider
becoming a patron
to support these video transcriptions, and the other tools and apps built by Tagalog.com
00:00.0
Alright yan magandang araw mga kapatid natin at welcome sa isa namang live stream
00:07.0
Alam niyo mga kapatid natin itong pinaglaban din natin na ito well we were successful naman kasi ang dami nating na-discourage na mga tao na pumasok sa NFT
00:19.0
... At doon sa mga crypto scams. Kumbaga mga kapatid natin this is one of the most difficult fights na we entered. Siguro ewan ko itong age of sexual consent how it will be difficult or if it will be more difficult pero so far it's doing good naman
00:43.0
... Kaya lang ito kasing NFT at crypto in general mga kapatid natin or anything related to crypto sinasabi nila namang mangbobo tayo di ba, hindi natin alam ang pinagsasabi natin pero tignan niyo ang nangyari mga kapatid natin, nagkakasuhan na sila kahit sa Amerika, ang daming kinasuhan pati ang mga nag-endorse
01:05.0
... Itong board ape na ito mga kapatid natin ito yung naging inspiration ng maraming tao, hindi lang Pilipino na gumawa ng sarili-sarili nilang NFT, either NFT yan katulad nung nandu doon sa Axie yung mga tumatalbog-talbog, yung mga oblong na tumatalbog-talbog o kaya kahit anumang NFT at artwork bla bla bla bla
01:31.0
... Kasi nga mahirap din tayong humanap ng mga tao na magbaback up sa atin dito pero si Keanu Reeves tinawanan niya ito. Naalala ko noon finiture natin yun. Finiture natin yung si Keanu Reeves noon. Ngayon tignan niyo na yung nangyari
02:01.0
Madonna, si Bieber, si Paris Hilton, si Snoop Dogg. Mga sikat na tao mga kapatid natin, kinasuhan lahat. Pero ang problema dito mga kapatid natin, medyo malabo yung kaso. Papakita rin dito
02:31.0
In fact, there was a celebrity jeweler who was approached by Yuga to essentially promote this NFT and I think what you hear in this interview featuring the celebrity jeweler tells you all you need to know for why he refused to engage in any of the promotion of these NFTs
02:51.0
Ito ang mga kapatid natin, nakasuhan yung mga yun dahil nag-promote sila ng NFTs
02:58.0
Celebrity jeweler Ben Baller said he rejected a deal to promote the Apes
03:02.0
Not once, not twice, three times I've been offered a boarding through Moondance
03:09.0
They wanted you to not disclose that they purchased the Apes for you
03:12.0
Yan din ang sinasabi sa inyo nung mga nagshi-shield ng mga NFT games. Yung mga play to earn NFT games. Yan ang sinasabi sa inyo.
03:22.0
Hindi ako binayaran dito para mag-endorse. Pero nasa internal na usapan nila yun na huwag mong sabihin na binayaran ka namin. O kaya binigyan ka namin ng NFT in relation to this one.
03:36.0
Kasi magiging part sila ng pump and dump scheme.
03:43.0
Buti na lang wala tayo dito. Buti na lang tayo mga kapatid natin mayroon tayong critical thinking.
03:53.0
You know what the craziest thing about that is? A lot of celebrities who are going into this, they're probably just stoked to get the Ape.
04:00.0
And they don't even realize a lot of them probably don't consult their legal beforehand.
04:07.0
Di ba? Don't consult your legal. Ito ang problema dito sa nagkaso ngayon. Nagkaso ngayon sila. Ito, tama yung sinasabi nito.
04:15.0
No, no. So this breaks out into two different parts. So first of all, the Bored Ape thing overall is obviously a scam.
04:30.0
Maganda yung sinasabi niya dito. The Bored Ape thing is obviously a scam. Axie Infinity mga kapatid natin. Yung NFT ng Axie Infinity, sinabi ko rin sa inyo yan.
04:39.0
Sinabi natin yan sabay-sabay. That's also an NFT. NFT rin yung binibenta doon. Kaya nga yung mga NFT na tumatalbog na oblong, yun yung mga mahal.
04:52.0
Atikna nyo ang problema dito.
04:55.0
Dozens of scams like this in my life. Where people say, take some junk, absolute junk, and pretend that it has value.
05:05.0
Take an oblong na tumatalbog-talbog and pretend that it has value.
05:11.0
And then speculation arises. And then people egg on the speculation. And then they sell. After they sell, the bottom falls out. And the average guy gets screwed.
05:21.0
I've seen it happen like I said.
05:24.0
The average guy gets screwed. Alam nyo kasi, FOMO at GRID, nag-uunahan lang silang kumita.
05:33.0
Dozens of times. It's the most obvious scam in the world. If you fell for it, I love you brothers and sisters, but that's on you.
05:42.0
Yun ang sinabi niya, if you fell on it, that's on you. Kasalanan mo daw kapag nag-fall ka doon.
05:50.0
Pero ang problema ko rin kasi doon sa sinabi niya na yun, marami kasing tao talaga na minimislead.
05:59.0
Parang oil nga sabi nila. Pero hindi naman nila masabi kung saan galing yung pera.
06:04.0
Di ba? They try to cloth their NFTs with legalities that don't exist. So they compare it with stocks. They compare it with oil.
06:22.0
They compare it with things that have actual value. Yung mga NFTs nila, walang value.
06:30.0
At tignan natin kung ilan na yung value ngayon mga kapatid natin.
06:34.0
I believe in the legal profession, they refer to these schemes as pump and dump. Am I correct?
06:41.0
Yeah, it's a classic pump and dump. So there's a lot of different ways that you can characterize as a pump and dump.
06:47.0
But in this case, they're pumping up the value of the so-called art, which is an art at all. It's just garbage, total trash.
06:54.0
Massage to sakin.
07:04.0
Massage to sakin.
07:23.0
Because I thought you were buying art from Sotheby's.
07:28.0
Di ba? Maganda yung argument nito. Sabi niya, I thought you were buying art. Kasi di ba yung benta nila doon art?
07:39.0
Yung NFT. Pero yung oblong na tumatalbog-talbog for sure hindi yung art.
07:47.0
Because I thought you were buying art from Sotheby's. Because if you're buying art, congrats, you have the beautiful, valuable art.
07:56.0
Who cares if anybody's willing to pay for it? Hang it up.
07:59.0
Di ba? Tama yun eh. If you're buying art, congratulations, may art ka na.
08:05.0
Ano bang pakealam mo? Diba dapat wala kang pakealam pala? Diba dapat wala kang pakealam kung bibilhin ng ibang tao yun from you.
08:17.0
Ano ang problema dyan sa SLP natin?
08:21.0
We are hoping that people will buy it from us.
08:26.0
Or from them, sorry.
08:32.0
You have the beautiful, valuable art. Who cares if anybody's willing to pay for it?
08:36.0
Hang it up in your house or in your computer or wherever the hell you put NFTs.
08:41.0
And good luck with that.
08:42.0
I mean if you had a Picasso, nobody's willing to pay for it. You still got a Picasso.
08:49.0
Sana merong mga ganito noon.
08:53.0
Hindi sana tayo nahihirapan masyado kasi sabi nila kayo lang yung nagkaganyan.
09:00.0
It took us parang yung marathon natin sa Axie Infinity for like some content creators to actually understand what's happening in the crypto world.
09:13.0
Gorgeous or Van Gogh or something. So just put up your Bored Ape and see. There, you got the value out of it.
09:20.0
No, you're going to speculate. And so that gets to the most important thing here, which is now I've seen this in three different cases in the last two months or so.
09:33.0
Di ba? Ngayon mga kapatas natin, hindi lang kasi NFT ang problema ngayon.
09:38.0
Hindi lang SLP ang problema ng mga nasa Axie Infinity ngayon.
09:43.0
Ang problema din nila mga kapatas natin, yung mga oblong nilang tatalbog-talbog na sobrang mahal nilang binili, wala nang bibili sa kanila noon.
09:57.0
Wala nang interesado ang bumili sa kanila noong art na yon.
10:00.0
Di ba sinabi rin nila, maganda nga, parang Pokemon e. O di congratulations, may Pokemon ka.
10:09.0
Di ba? Kaya nga oh, bili ka dito, isang team, 100,000. Bakit 100,000? NFT kasi yan. Ikaw lang mayroong ganyan.
10:19.0
There is no reasonable expectation of profit. That's not a thing. That's, I don't know where this madness came from. Okay, we run a company.
10:32.0
Ayaw ko where this madness came from. Oh, come on, come here to the Philippines.
10:39.0
... Should I just sue everyone in the world because I should make more profit and they owe me? No! That's not a thing. Sotheby's doesn't...
10:51.0
Isipin nyo yung mga nagkaroon ng losses dahil doon sa pag-she-sheal ng iba ng NFTs. Di ba? Halos wala nga nakasuhan. Iyak na lang yung mga tao.
11:06.0
Doesn't owe you a profit. And it doesn't matter if it's a traditional buyer or not a traditional buyer. First of all, you bought.
11:12.0
So what difference does it make that there was another buyer that was traditional or otherwise? And no, Sotheby's is just someone that facilitates sales.
11:32.0
And so you either buy it or you don't and that's up to your dumb ass.
11:40.0
Tingnan nyo na kasi makakapatas natin ng balita ngayon.
11:54.0
That's up to your dumb ass, sabi niya.
11:56.0
Ninety-five percent of NFTs are dead. Alam nyo, ang bumuhay sa crypto industry noon, NFTs, yun ang nagpagalaw sa lahat ng mga play-to-earn katulad ng Axie Infinity, NFTs.
12:26.0
Non-fungible tokens ang kanilang binibenta. Yung crypto blades, NFTs din. Yun ang nagpaikot noon. Ngayon, ninety-five percent of it are dead.
12:46.0
It turns out the global skepticism was warranted. A new study has found ninety-five percent of NFT collections are worthless.
13:01.0
Forbes ito, mga kapatas natin.
13:03.0
When it comes to cryptocurrency, NFTs have been dubbed the rising stars of the growing market over the past few years. However, a new study by Duck Gambiel, tama ba yun, has found that ninety-five percent of NFT collections held by an estimated twenty-three million people are worthless.
13:33.0
Dead investments held by millions. Seventy-three thousand two hundred fifty-seven NFT collections were identified as an eye-watering. Sixty-nine thousand seven hundred ninety-five had a market cap of zero either. Zero na. Wala ng value.
14:03.0
It says weekly traded value of NFTs sat around eighty million in July 2023, just three percent of its peak in August 2021. Three percent na lang. Nawala na lahat ng value.
14:23.0
Ninety-five percent of people holding NFT collections are holding worthless investments. Ano sabi nila? HODL! HODL! HODL! Yan. Kahohodl mo. Zero na yun.
14:44.0
Zero na. Study says. A number of tokens have made it into the headlines over the past two years, attracting millions of dollars in sales and celebrity interest.
15:02.0
A case of oversupply and lack of demand.
15:08.0
Mga kapatas natin, yan ang isang example na hindi dahil ko konti lang tayo na lumalaban noon sa NFTs, sa Crypto Scams, eh tayo yung mali.
15:32.0
Ano yung sinasabi nila dun sa videos ko mga kapatas natin? Pag gumagawa ko ng videos, nung minaraton ko ng 30 days yung Axie Infinity, this will age like fine milk. Yun ang laging kino-comment ng mga matatalino doon.
15:51.0
My videos still hold true until now. Yung mga shillers ng NFT at saka defenders ng NFTs, saan na sila ngayon? Ayaw ng pag-usapan? Oops!
16:18.0
Ayaw ng pag-usapan? Parang pareho ah. Maraming salamat mga kapatas natin. At syempre, tulad laging ang sinasabi, matulog po tayo ng mahimbing dahil alam natin na yung natutulog ng mahimbing, siya yung laging panalo. Paalam po. Pansamantala.
