I had to buy | Enabling DeFi on Bitcoin | Interview with Dr. Julian Hosp

[@ChickenGeniusSingapore]

it's called DFI (Defichain), instructions at the end of the video. For more info about the token, it's at @t or defichain.com

[@andreattafabio]

Thanks for this amazing tip. Volume is still super low and the project is not even a year old - feels super early. Buying some right now!

[@RogerWilco1]

Sad to see you promoting this scam. This thing has nothing to do with bitcoin, like most scammers they just name drop bitcoin to get credibility. This scam is totally trust based and you are sending naive investors to a website that takes their money. Totally centralized, totally based in trust. It is has every hallmark of a scam.

[@RogerWilco1]

In fact, given this guy is lying about how this technology works means its a scam.

[@julianhosp]

@@RogerWilco1 Look, instead of just saying "it is a scam" (which is one of the lowest ways to properly argue), why don't you actually clearly state the minute/second where I state something, that is false?!

[@tanhowseng]

I don’t think Bitcoin is meant to run on layer 2, especially not as a form of currency to buy stocks. If there is any layer 2 I must trust, I would go out on a limp with Lightning network..

[@tellder1]

2 weeks after posting this video and I keep coming back to it over and over again for learning purposes. This video is an absolute gold mine of value

[@CNnnnnnnnnnn]

Cannot believe that you go the extra effort to break down the chapters for us. Can't say enough of my appreciation for your work. Thanks🙏

[@josephng9767]

Please do another simplified video on Defi. Thank You chicken boss!

[@private464]

EXACTLY...I watched the whole thing and didn't understand it hardly at all.

[@andreattafabio]

Finally, a project that builds real DeFi on Bitcoin!

[@dxm5234]

Was sold on Hosp's TenX years ago which basically zero-ed which was a big bummer for me. But still seeing him here humble and straight-forward is a big plus for me

[@colewendrowski3648]

what makes you say that?

[@dxm5234]

@@quyenluu6268 For what happened in 2018, I'm inclined to believe Hosp's explanation for why he left, these things can happen. A more experienced investor than myself would probably have sold TenX (PAY tokens) when Hosp departed and not HODL-ed like me. I definitely think Hosp brought a lot of value to TenX and anticipate he will do the same for DFI.

[@ishmaelali]

THANK YOU friend! I’m throwing 1 btc in DFI after spending more research time. We are living in exciting times!

[@HumanThoughtExpression]

Just started staking DFI with your referral code, thanks!

[@nss490]

Been following you for years and have huge respect for you! Your confidence here convinced my and I just bought $10K worth. I really hope this goes well!!

[@mcconlogue1898]

Like him. Very honest and transparent, which counts for a lot.

[@lakoidota2]

Thank you a lot! Always love the transparency! ❤❤

[@ChickenGeniusSingapore]

Always!

[@marcscholz152]

This kinda sounds like the exact thing you always told us not to invest in. They DO have a proof of concept by they DIDN'T prove that they have the ability to scale. I'm pretty surprised that you recommend this investment.

[@emmandaniel6034]

If you try to always use a cookie-cutter approach and follow textbook definitions, you're going to miss out on a lot of things. "Proof of concept" and "ability to scale" are primarily used to evaluate the risk to reward profile for disruptive innovation startups.

[@marcscholz152]

@@emmandaniel6034 yes exactly and that's why you probably shouldn't invest into a startup which did not prove that they have the ability to scale. Nevermind talking about wether the product will actually be adopted.

[@anirbanchakraborty8710]

I just chicken needs some extra money to buy TSLA on the dip

[@timshammm]

Exactly

[@wuallen3172]

I am surprised it’s recommended by Chicken too. Not a good investment, without Bitcoin continue to surge, these demo projects are not going anywhere. Just check the history of ICO bubble/crash in 2018

[@lemonearl]

So clean. No funny intro. Direct to the point. YES THANK YOU

[@TheReminisce777]

This guy has 3 different accents All In ONE ... that's so cool!

[@ibberman]

Yes, not like Swarzenegger.

[@yongxunchern6927]

Found you only couple months back. Missed all the insane gains. Finally a project that can 20x short term. I'll all in and tender resignation letter tmr.

[@jberen10]

Excellent interview. Wonderful flow to it. Thank you!

[@shittymcrvids3119]

This is a collab I didn't expect lol

[@adityagoenka6016]

So insightful! Thanks a ton to both the guest and as always, the host! Especially enjoyed Mr. Hosp's humility! Ken is an excellent interviewer.

[@troychanh9546]

When is Elon Musk interview coming : )

[@daniely9310]

Wahhh Longest Episode ever in CGS! Loving it! content packed with gold nuggets to nibble off! thanks CGS!

[@markkeller4010]

Hey CGS, I have been a long-time subscriber of your channel and always appreciate the high quality and transparency of your content. Because of you, I am a TSLA stockholder (and not a donkey anymore) but I am curious as to what would be your "counter TSLA argument" or if you have any legitimate concerns and/ or risks associated with TSLA. Some very credible people such as Michael Burry from the big short are bearish on tesla. I think there is something to be said about always looking at things objectively and avoiding the confirmation bias trap we can often have with our strongly held views. I think a lot of your subscribers would be interested in a future video about this topic as well. (I hope this comment does not come off to donkey-like LOL, and my goal with this comment is not to hate on TSLA). Appreciate you truly!

[@ChickenGeniusSingapore]

so far, biggest risk for me is calling 4680 cells. that's about it

[@lighty9023]

Think he means cooling* the cells

[@matthewdejong2948]

@@lighty9023 CGS meant to write 'RECALLING the 4680 cells'.

[@lighty9023]

@@matthewdejong2948 oh, ok

[@ChickenGeniusSingapore]

sorry autocorrect.. scalling

[@ElliottWave]

Thanks Ken. I aped 300k into DFI last year because of you and it was the best decision I made

[@rolfrau5743]

How come?

[@paulstone7655]

Guys, just a heads up - with your crypto allocation don't put all your eggs in one basket. It's safer to have Bitcoin as your main one, then your alt coins. For me, I'm mostly Bitcoin & Ethereum (a bit more ETH compared to BTC, but I'm a higher risk trader), and a fraction of other coins like DOT, LINK, ADA....and of course, some CAKE :) And don't forget about market cycles! Take profits, unless just hodl'ing for years.

[@jellobiafra9361]

How high you see bitcoin going this cycle Paul?

[@paulstone7655]

@@jellobiafra9361 Probably over 200k, but I'll be taking at least 30% profits around the 95k mark where I believe we may have a substantial temporary pullback (may reinvest at a lower price, or use for some other investment) 👍

[@sagreen8030]

I keep hearing this advice, but bitcoin and eth have been the worst performing coins in the past 3 months and if Elon did not put his weight behind it would have been worse. If bitcoin grows 1 % alts do 4%. If bitcoin drops 2% alts drop 3%. Can you see the ratio? Bitcoin sucks, its fine for hyps and short term gains but it loses its dominance over time. Bitcoin at its core is a shitcoin. I do like eth how ever its a shame they did not manage to get the transaction cost lower. Wait for July, but if you have 1000 or 5000 to invest than don't invest in bit or eth the transaction fee's will eat the money away.

[@paulstone7655]

@@sagreen8030 This advice comes from the smartest and most experienced in the industry, including traders/investors with 40+ years experience, who look at the big picture not 3 months performance of the new kids on the block lol. Ignore it at your own risk. There's a good reason why institutions pick BTC and ETH (hint, it's not because they're boring). Use the other coins as a *hedge*, not your main source of wealth generation (or at least be sure to take profits quickly enough).

[@sagreen8030]

Do you think bitcoin is a top 10 coin based on technology?

[@cku313]

As far as competitors, Stakenet (XSN) is also working on a similar implementation and look to be making great progress despite no press. However, thanks for alerting us to DFI. Wasn’t aware prior to this video

[@leonari]

Two of my favorite youtubers together!!! Awesome guest chicken genius

[@HoneyMoneySG]

Interesting interview with a medical doctor who has so much conviction with DeFi!👍

[@christianbieri4229]

Amazing Interview - Thank you. I've been with Defichain for a while and I am more than happy. The best ist yet to come!

[@Stoepsel]

Been following Julian and Chicken for some time now. Seeing them both together is just awesome!

[@bro5207]

ive been following julian hosp for over a year. he shares a lot of valuable knowledge on yt but im still unsure what to make of him and his projects. kinda sceptical due to his shady practices in the past like MLM schemes. he is a good salesman.

[@bro5207]

@@dr.julianhosp-bitcoinaktie6012 fake bot

[@jennyice4]

I love this what a fresh innovative perspective ! I feel I do not know enough about cryptos still but thanks for informing us !

[@kaihuang]

Omg you’re liking everything I need to comment. Thank you so much!!! Will do some more research on this 👍

[@WalkingTree86]

Dr. Julian Hosp is amazing, I have been a big fan for years.

[@chiararebecchi10]

Everytime you post a new video I get so excited!! I always learn something new!!

[@thx54]

I remember 2017/18, TenX was like a cult back then. I think there was more to the Story why he left TenX, i think some scam accusations, but im not really sure. He seems like a good sales person.

[@cryptofit_76]

yes here you find a good explanation: kzbin.info/www/bejne/pYenoI2Mbt2hmq8

[@FredSanford2003]

Bad timing. Cakedefi.com has a bad SSL cert. In an industry full of scammers and hackers, this is a huge red flag. Get it fixed ASAP guys!

[@cashdinero0]

Not only that, that APY is way too high! not sustanaible.

[@gio5]

I'm from Germany and this dude is known as a scammer here....

[@cashdinero0]

@@gio5 This does not surprise me at all. all these "new projects" always pop-up in a bull market. in 2017 it was all about lending platforms and now in 2020/2021 it is all about DeFi

[@lalilaloe]

They fixed it within an hour after i created a support ticket, it was indeed bad timing

[@peterwong3852]

Before buying DFI, please do your due diligence on the background of DR Julian involvement in MLM scheme called Lyoness in the past. There is a video of him teaching people do contact friends and family to meet up without telling them reason, then corner them into MLM. Also check out his TenX background, there is an apology video of him exiting but be your own judge from his vibe

[@hong878787]

If this is true, then it is very bad reputation for Julian. CGS seems to have checked Julian’s background in TenX where he got kicked out. CGS even spoke to Julian lawyers and have some privileged information. But CGS might have missed out on the MLM background of Julian. I don’t blame CGS as he’s trying his best to help us get rich. He’s also human and may trust the wrong people.

[@robrevolver]

I love #defichain - great Team ! Great wins so far ...

[@tonysenterprises1360]

Thanks for everything you Do Genius. I used your Referral code to sign up with Cake ;)

[@ASXInvestor]

Saw the title and thought it would be about Tesla - was pleasantly surprised 😅 Happy Monday!

[@ChickenGeniusSingapore]

😁

[@u-d-0-n]

Welcome back brother ✌ Thanks for the value u provide 😁

[@geraldho]

Your longest video ever! Must enjoy and savor every second!

[@jackpilkington6770]

Brilliant video Ken. Really liked this one great work with Dr Julian 👌

[@pm618]

Liked the video first, made a cup of coffee and now I can sit back and enjoy the video. A great way to start Monday morning. Thanks :)

[@ChickenGeniusSingapore]

thanks for supporting the channel always ❤️

[@dr-k1667]

You continue to be a great source of information, new avenues to invest and transparency at it's best Chicken. Thanks for your continued work in this space.

[@Caspertraderofficial]

Love waking up to Ken’s new upload ❤️

[@CryingHurts1]

Excellent! A new assets to start purchasing!

[@hashirunowasuki]

Don't have the time to watch it right now buuuuut it looks super interesting! I'll be back in a few hours 😊

[@mccramer2270]

Wow, I was just lately thinking that you both guys are in Singapur so a gathering would be cool - and bam here it is!

[@thaiamuletsmart2820]

Thanks again Genius! i did a trial transfer from binance to cake, abit painful as the fee is about $30 lol tons of information to read up on defi and liquidity pool! Cheers!

[@Batwing2465]

Great interview Sensei. More gems from our Chicken. Would love to hear your opinion and comments on the latest TSLA valuations and predictions from ARK and others. Cheers and happy Monday :)

[@brunoradovanovic1540]

LOVE YOU MAN KEEP UP THE GOOD WORK!

[@ChickenGeniusSingapore]

Thanks bruno!

[@j.c.2214]

Gracias hermano always looking out for us little people. Blessings 🙏🏼 brother..

[@southpawchad]

Always bringing us exciting content like this! Thank you so much Ken!!

[@serge1011]

I dont understand it for one bit..... So what you are saying, I better put my bitcoin in DeFI > mining, staking or lending? Compared to just holding bitcoin? Or do I missing something?

[@ChickenGeniusSingapore]

have both.. bitcoin and DFI

[@serge1011]

@@ChickenGeniusSingapore you use DFI to put in staking? Or just holding, other use of products?

[@CouchInvestor]

I remember TenX! I think I still have some coins somewhere 😆 Glad to see he moved on to something greater!

[@ChickenGeniusSingapore]

yea! Hi Neil! his partners screwed him up there.

[@CouchInvestor]

@@ChickenGeniusSingapore yeah, looking back at some of their videos.. you could actually see their ego replacing their aura 😜

[@ChickenGeniusSingapore]

I talked to his lawyers 😆

[@CouchInvestor]

@@ChickenGeniusSingapore LOL

[@bonpang3178]

WELCOME BACK CG!!! THANKS FOR SHARING!!!

[@dewildone]

Best fundamentals in the industry. DFI is going to surprise a lot of people, I‘m astonished that it is still so unknown to many.

[@viviankareth]

Great interview and full of great info. Thank you for all that you do. Have a great week.

[@JevonMaddox]

10:16 SOOOOOOOoooooooooooo... Loved the video excellent interview and good questions than you for your content. That clip made me giggle a little bit

[@ganghuangteslafsdweekly9503]

Thank you Chicken Ken, this is very interesting, will definitely invest a bit.

[@jimschultz6075]

very wise this man, many coins he knows, listen you will, rich you will be. bless be you

[@X-Holdings]

Glad to see Arlnold's son didn't follow in his dad's footsteps yet is doing what he loves and doing so well in life!

[@borjaferrando7769]

Great interview. I am all in on defi and crypto, even I sold most of my tesla stock, but I will buy back in a couple of months as I take profits from crypto. Thats my plan. Risky? yes.

[@iKarlDibs]

Amazing interview and so much great information you shared through it! Awesome!

[@ChickenGeniusSingapore]

Glad you enjoyed it!

[@rolfrau5743]

We currently would need over 100x to reach Julian Hosps 50 USD goal

[@jenniferl.c1076]

Hi Chicken, how much percentage should I allocate for PLTR and DFI? Given that my investment total is less than 10k

[@ZestySweetWasabi]

Never been more excited for a chicken video!

[@ChickenGeniusSingapore]

❤️

[@HBRJMX]

Thanks CGS! Will be doing more research bout this but looks promising!

[@davidchongcw]

Essentially DFI is pulling a BSC, without the resources of Binance. To build the whole DeFi ecosystem all by themselves won't be easy.

[@ChickenGeniusSingapore]

yes.. big market.. 😊

[@christianbieri4229]

not easy, but possible :)

[@u-zynchua4555]

BSC is taking the easier approach - directly forking Ethereum. We are doing more than that - rebuild DeFi natively on Bitcoin as blockchain consensus. Very hard work, but it's worth it. Much safer. #NativeDeFi

[@isztaism62]

BSC is actually centralized.

[@amirpenkar947]

Thanks for bringing us up to speed with this topic 👍

[@tellder1]

Honestly - I'm sold. Rewatched it again. And again. This looks like a great opportunity and has a huge room to grow. I might not really like BitCoin or cryptos but... opportunity is an opportunity and these must be taken. x10-20 opportunities don't happen everyday.

[@bhavyanshsabharwal]

@@bilgisahibisin5579 Scam

[@davetube809]

Great video, but what about chainlink? That is actually the most vital token. Chainlink connects off chain data to blochchain.! Really important stuff. Could you make video about this and generally Oracle problem?

[@tky35]

+1. Hope chicken looks into this

[@davetube809]

@@tky35 Yeah that would be awesome.

[@davetube809]

@@lucasryan45s haha maybe. Also would like more influencers to talk about Link. Anyway from now on it is really hard to see better coin to invest from risk2 reward.

[@Karl_Friedrich]

Cake and ADA are my favorites!

[@misterC4P]

what platform is best to buy these on ?

[@unchaineddreameralpa]

Thanks a lot for starting this kind of videos.

[@austinhochstetler5887]

This was very eye opening Ken. Enjoyed it and can't wait for more on this!

[@bb111189]

There are already a few established synthetic asset protocol such as mirror protocol and synthetic The key is how they will be able to attract liquidity and market marker to ensure the price peg is right.

[@alphawealth8]

Thank you very much. I appreciate it.

[@stanley1790]

It’s a must to build multiple streams of income especially in this period of the pandemic. Also, have in mind we don’t know if or when another pandemic can happen. So now is really the best time to start pushing a side hustle because no one can fire you from your own business and well your 9-5 we all know how quick they can get rid of you. If you have to work to pay bills by all means do what you have to do but make sure you get your priorities together. I've been doing that by investing in the stocks, bitcoin and financial market and I'm grateful to say I've earned a lot so far this month working with M's Mariana Amber through her registered investment company. Just do something that will make you money while you sleep, no matter how little. The pandemic has been a perfect eye-opener for us all to really see how life can be without your usual income stream. Reach her via tele gam @MarianaAmbey for inquiries into trading system.....

[@lumbungnatural2226]

Wow, such a good interview. Will be checking into DFI more. Look forward to the next vid. Thanks bro

[@Fabrizio_CakeDeFi]

Definitely worth taking a closer look at DFI!

[@newgh0st]

Thanks and i just got in.... had to replay the video 3, 4 times to try understand what's going on! Left my Dfi on cake to stake and i'll come back in again much later! Winner or loser? Time will tell and thanks for the effort!

[@newgh0st]

@@jackrobinson6254 a clever full stop there!

[@BeliefUpgrades]

Thanks bro, was looking forward to this. A bit complicated, but I am going to look into his!

[@yuntaokoh154]

This is such a quality video! Thanks you genius for telling us about this for free!

[@arcaneknight9799]

Yes, I love you.

[@ChickenGeniusSingapore]

❤️ mutual

[@dancingnachos3634]

On what platform are you guys buying Ada and Polkadot in Singapore?

[@TM-ud1ij]

Hab mit allem gerechnet, aber nicht dich, Julian, hier zu treffen ! Ich hab doch mein Abo bei dir! :-)) Greetings from Germany!!!

[@zhao2259]

Hey GC, as a fan of Tesla/Elon Musk, I am curious of your take on Tesla's position in the automotive industry in 5-10 years time. (yes automotive, not tech industry) No doubt that Tesla as thrived in the past 10 years. Elon as the key man has pushed the company high and hard to meet the goals (e.g. Model S, 3, X, Y). It also seems that Tesla could be the next Apple in the automotive industry where Tesla cars has its own USP etc. However, being a B2C business, the adoption of technology/product is just as important as its production/Elon's vision for a better world. While governments around the world have been working on its regulations for EVs, fellow automotive makers such as Volkswagen, Kia, Hyundai are also working a similar vision. When that happens, Tesla may not be win in terms of sales of EVs etc because its competitors could produce something as novel but cheaper. In that aspect, Tesla's price to sale could be higher. (anyway, I hope you got my point and would be interested to hear your take on this :>) Cheers!

[@zhao2259]

Do you mean that investing in options would help us to have a view on the market? Haha sorry, this is too cheem for me 😅

[@codywy5579]

what exactly did you buy?

[@fabio_andreatta]

Great insights! Thank you!

[@ooibeeling2045]

what is the network we need to choose when transferring BTC from Finance to cakedefi platform? it was observed BEP2, BEP20 (BSC), BTC, ERC20, which we need to choose? is Binance will automatically match the network?

[@jcsx1998]

Wah damn solid this video. The knowledge drop in this damn power.

[@davidcarmichael2830]

I already hit the like before video started,why, cause I know it good.

[@suprabhathambymssubbalaksh8045]

Great Work Ken 👍👍. Thank you for bringing these opportunities.

[@tottiman15]

DFI is the best!

[@paulphyo]

wait isnt that dexter from the show

[@Schlitzerix]

same skills in lying xD

[@melodytan5603]

WE ARE LEARNING SO MUCH FROM U THANK U CHICKEN

[@doubleolin6993]

As always, thanks you and of course I’m buying as well👏👏👏

[@onglijing8370]

yay thanks cgs for doing all the research for us

[@johnburrell7265]

I see chicken genius say he buys, I buy, no questions ask. You're a legend bro

[@AZ-od3uu]

@@justinbrihgt4853 personal account?

[@eternalarizon]

whats the difference with buying from a broker like Kucoin and cakeDEFI? other than the premium you pay on cakeDEFI. Also is cakeDEFI a broker also or whats the difference? thanks! hope someone can enlighten me

[@bretthurlock4240]

Glad to see a great interview and move outside of Tesla

[@abipaye2348]

Great interview! Appreciate you CG.