DeFi Video Transcript


  • Welcome to DeFi Real.

My name is Brian Rose and this
is our brand new programme,

covering everything DeFi,

which stands for decentralised finance.

This is a $9 trillion
per year marketplace.

And today, I’m gonna be talking
about how you can profit

from what I’m calling the
greatest dislocation of wealth

in human history.

And I don’t say that lightly.

In fact, Forbes Magazine
recently said, and I quote,

“This will shift the structure
of the whole financial system

“at a macroeconomic level.”

And the truth is this,
decentralised finance or DeFi

is already revolutionising
the world of finance.

You just don’t know it yet.

And this incredible phenomenon

is growing at breakneck speed.

And today, I specifically wanna talk about

three different concepts.

First, I wanna talk about what is DeFi?

This might be the first time
you’re hearing about it.

This could be the hundredth
time you’re hearing about it,

but I wanna go deeper,

because DeFi gives financial
freedom back to the people.

I’m talking about billions
of people around the world

that don’t have access to
basic financial services

that can not only change their lives,

but change everyone’s life as well.

Next, I’m gonna talk about the difference

between DeFi and cryptocurrencies.

There’s a big difference.

And we saying crypto go up and down.

Apparently, Elon Musk fell out of love

with Bitcoin overnight.

That doesn’t matter with
what we’re doing here

with the infrastructure of DeFi,

and I’m gonna talk more about that today.

Second, I wanna go into
how to trade the markets.

Again, how do you trade the markets?

Most people have no idea.

And when I see the
behaviour going on right now

in the crypto space and the DeFi space,

I see a bunch of newbies,
that’s what I see.

I spent 15 years in the industry

learning how to trade
the financial markets

and there’s nothing easy about it.

It takes a lot of discipline.

It takes emotional discipline.

It takes intelligence.

It’s not an easy thing to do.

And I’m gonna talk about how I did it

and how you can do that as well.

I was recruited from MIT
in my engineering school

to work on Wall Street as
one of the rocket scientists

that would really try to price

these complex financial
derivative instruments

that are being used today in DeFi

and sell them into various
customers around the world.

I did this throughout the ’90s.

Then I moved to London in the late ’90s

and I brokered one of the first

interdealer credit derivative swaps

and I went on to make a lot of money

in credit derivative
swap indexes in the 2000s

and that’s how I ended
up forming London Real.

So I’ll talk about that today.

Third, I wanna talk about how we can give

financial freedom back to the
people by investing in DeFi.

It’s gonna give, literally,
billions of people access

to financial services which
will change the world.

I’ve spent the last 10 years of my life

democratising information

through my YouTube channel London Real.

It’s been consumed by a half
a billion people in the world,

incredible ideas that I know have changed,

literally changed millions
of peoples of lives.

We’ve also gone on to fight
for some of your basic rights.

Last year, my entire organisation

fought for your right to free speech.

And we went head-to-head

with trillion dollar
technology companies and said,

no, not on our watch,

you will not take away
our basic human rights,

and we almost lost everything
in fighting for it,

but we also fought back and we won

and we couldn’t be more proud.

This year, I ran to be
your next mayor of London.

And again, we fought back for our right

for free and fair elections.

The police actually tried to stop me

and banned me from campaigning.

And now today, we are
putting all of our efforts

to fight for financial
freedom, your freedom,

and that for all the
citizens around the world

and I couldn’t be more excited.

So again, I wanna get
your questions today.

This is gonna be a completely
interactive DeFi Real

and I can’t wait to get started.

Before we do, I wanna talk about
our brand new DeFi Academy.

And this is an incredible, incredible,

incredible learning institution
that we announced last week.

And our first programme is
called The DeFi Accelerator,

And we have been absolutely inundated

with applications from around the world.

The response has been overwhelming.

I’ve actually never seen
anything quite like it.

We’ve already accepted
students from America, Canada,

Slovakia, Algeria, the UAE, Saudi, France,

all sorts of places

and they are already in our private group

getting warmed up to the course

that’s gonna start on the 21st.

These are some incredible
real players here

and they couldn’t be more excited.

There is real interest and passion here

and we couldn’t be more excited

to build the future infrastructure
of decentralised finance.

And again, if you come
to our website right now


and you apply to be a
part of this elite group,

there’s a chance you might
see this pop up in your inbox.

And this is one of the emails

that some very few
people receive this week,

which basically said, congratulations,

you have been chosen to
be part of our elite team

and join The DeFi Academy.

And again, I had people reply back

and said they were so excited,

they knew this was a
new place in their life

and a new phase in their life as well.

So for your interest, I
hope you get one of those,

but it’s, we don’t send
out that many of them.

And so you’ve got to show us

that you deserve to be
a part of this group

and I couldn’t be more excited.

Because you’re going to join me

and I’m going to teach you how to profit

from what I’m calling the
greatest dislocation of wealth

in human history.

And again, I’m looking for
a small group of people

who wanna actively participate

in this upcoming DeFi revolution.

I’m looking for serious individuals
only with real net worth

who wanna build this exciting
financial infrastructure.

I’m looking for partners,
collaborators, investors,

colleagues who wanna join forces

and create real value
and generational wealth.

If you’re one of those people,

go to
and submit your application.

And again, sell me,

tell me why you should
be a part of our academy.

And let me just be clear,
this is not for everyone.

My academy is not for crypto day traders.

That’s not what I’m looking for.

I’m not looking for people who
are trying to get rich quick.

No interest in that.

I’m not looking for people
that are meme coin fans

and forum trolls.

If you like doing that, go
waste your time somewhere else.

And I’m not looking for Bitcoin
fanboys and crypto academics

who like to talk about things

but they never actually pull the trigger

and try to build somethin’
and put money on the line.

So if that’s one of you,
this is not for you.

Please don’t go to my page.

But if you’re a different type of person,

if you’re a person who really
wants to invest themselves

long-term in this incredible
technology and movement,

I’m looking for people who
wanna pull the trigger,

who wanna get into the arena, who faces,

they’re gonna be marred by dust and sweat

and blood from the fight, but in the end,

you’re gonna know great
enthusiasms, great devotions

and great success.

And to be very clear, this is
not a get rich quick scheme.

I’m not promising overnight gains.

My team is gonna be building and investing

in the crucial parts of the DeFi,

digital infrastructure of the future

and there’s gonna be some
incredible opportunities

and also great risks.

And if you have a long-term perspective,

then you’re the ones that should apply.

I’m gonna be dedicating the
next 10 years of my life to DeFi

and all of its financial
infrastructure and innovation

and I couldn’t be more excited.

So again, we’re closing
this course out soon.

The first live call is June 21st.

If you wanna be a part of
that, go to,

submit your application,
and cross your fingers

and hope for the best, and
I look forward to seeing you

on that first live call.

All right, I wanna get
into my three points today.

But first, I wanna hear from you.

Answer these four
questions for me right now.

Whatever platform you’re on,

they’re gonna be beamed
over here, over to my iPad.

First of all, what
question do you have for me

about the DeFi space?

Secondly, what do you believe

that DeFi will revolutionise finance,

or why do you think it
will revolutionise finance

and give financial freedom
back to the people?

Tell me why you think that’s true.

Third, do you think that cryptocurrencies

are gonna go up or down from here and why?

And finally, have you
invested in DeFi platforms?

And if so, which ones and why?

And the last question I’m gonna ask you

is do you think what Elon Musk says

about DeFi and crypto matters?

That’s my question for you.

And I’m gonna give you my answer shortly.

All right, let’s get into part one,

because I wanna answer all questions

and talk about what is DeFi.

That’s the thing I wanna
answer for you: What is DeFi?

And I wanna get into all of the details

around what that means when
it comes to what is DeFi.

Well, put simply, DeFi
gives financial freedom

back to the people.

And also, you might wanna know

what is the difference between
cryptocurrencies and DeFi.

I get this question all the time

and I wanna cover it today.

So let’s get down to the basics

because it’s important
that I talk about this.

And quite honestly, it’s important
that I repeat this stuff,

because it takes a while
for this to really seep in

to your core layer of your brain level

and even down into your body.

Because when you really
understand these things,

it will make more sense

and you’ll be better to invest those.

So decentralised finance or
DeFi is quite simply this.

It’s a blockchain-based form of finance

that doesn’t rely on central
financial intermediaries

such as brokerages, exchanges, or banks

to offer those traditional
financial instruments.

And this is crucial, because I
worked for these institutions

for 15 years of my life.

I started off in 1993

and I worked for Bankers Trust
in New York City until 1995.

Then I moved to Chicago

and I worked for the First
National Bank of Chicago,

I ran their entire US
treasury derivatives desk

for two more years.

Then I moved to London and
I was an interdealer broker

in credit derivatives.

I worked for ICAT PLC for two years

and later I moved back to London

and worked for another nine
years for ICAT PLC as well,

where we pretty much led the market

when it came to credit
derivatives index swaps

and we made a tonne of money.

And one thing I know is this,

centralised financial institutions

do not have your interests at stake.

They just don’t.

Their job is to make a lot of money.

And we made a lot of money.

DeFi changes all of that.

Because DeFi uses smart
contracts on blockchains,

the most common right now being Ethereum,

that could change, where
applications known as Dapps

or decentralised applications

perform financial functions
on digital ledgers

called blockchains that
are public and open

to everyone to see.

The transparency is so important here.

And this is a technology we
first saw utilised by Bitcoin

back 12 years ago, but it’s evolved

much, much more since then.

And again, let me repeat.

This concept of an open blockchain

means that everything is public

and everything is transparent,
including the fees.

I cannot emphasise how important this is.

Because the reason we made
so much money on Wall Street

and in the city of London and in Chicago

is because we weren’t transparent.

We didn’t give you all the information.

You couldn’t see the fees
we were being charged.

That’s how they make their money.

So when you make everything transparent,

it means the traditional
banking, quote, unquote,

business as usual is gonna
be completely disrupted

with the customer, that’s you and me,

and all of the citizens around the world

and the speed of innovation,
both being the big winners.

And let me repeat that.

The customer is the big winner

and the speed of innovation
is the big winner.

And right now, it’s estimated

that the centralised finance
sector, also known as CeFi,

is extracting over $9.1 trillion per year

from the global economy.

Think about that.

$9 trillion a year is being pulled out

from the global economy by
centralised finance right now.

That’s more money than is pulled out

from the utilities sector,

the communications service sector,

and the real estate sector,
which has massive, combined.

That’s how big it is.

If we can disrupt it,

that $9 trillion can be
routed to other places,

and that’s just the tip of the iceberg,

because the innovation probably
brings another 10X increase

in the amount of money available.

And again, most of this draw
is unseen from the public,

and that’s $9 trillion just
waiting to be disrupted

and redistributed on a mass scale,

which is where DeFi comes in

and these incredible
investment opportunities

that I wanna talk about today.

And I go into more detail
inside The DeFi Academy,

which means basically this:
no more shady middlemen.

And yes, I’m talking about
those bankers out there,

those brokers, all right?

And I used to be both of those people.

It means no more of you bankers

ripping out these huge spreads

because of lack of transparency.

And again, I did this for 15 years.

I know the game.

It also means no more banks

keeping their customers in the dark

when it comes to dangerous risk exposure.

Anybody remember the
mortgage crisis of 2008s?

We all paid for that.

Why, because you didn’t
understand your risk exposure.

DeFi is gonna change all this.

And it means no more bankers
ripping off hardworking people

and citizens around the
world from their savings,

your mortgages, your car
loans, your school loans,

your investment portfolios,
your insurance contracts,

your retirement accounts,
your trust, your wills,

everything that you would typically

go to a financial institution for

is now gonna change with
DeFi and the blockchain.

It’s going to completely revolutionise

the way we as customers understand

and interact with our money.

And let me say this, because
this is an important point:

the closer you get to really feeling,

touching, understanding your finances,

the more they’ll actually
be a part of you.

Right now, money is something

that most people don’t understand.

I don’t get it.

My financial advisor takes care of that.

My bank takes care of that.

I’ve got an IRA.

I’ve got a 401k.

(scoffs) Who are you kiddin’?

You are losing so much money

and you’re out of touch with
your money because of that.

Like so many of us are out
of touch with our own bodies,

we’re out of touch with so
many things in our lives.

I wanna get you reintegrated

to something that’s so fundamental

in almost every moment of your life,

because every moment of
your life is a transaction.

Why not own that and feel
comfortable with that?

It’s gonna change what money means to you.

And I actually think that DeFi

is gonna make the world
less money obsessed

because it’s easy to
obsess about something

when you actually don’t know what it is,

and that’s the biggest problem.

When I see people and
when I talk to people

that are coming inside my DeFi Academy,

they don’t even know what it is,

they don’t have a real
relationship with money.

So they’re scared of it, they hoard it,

and they misunderstand it, and
we’re gonna change all that.

And that’s why me and
my team are going all in

on this technology and infrastructure

and we plan on spending the next 10 years

teaching, broadcasting,
understanding, educating,

investing in, and profiting from

this incredible new marketplace

and I couldn’t be more excited.

So that is my definition of DeFi.

And I’ll be keeping,

I tell you this almost every single week,

’cause I need to bring you up to speed

with all of the nuances here.

Next question I get asked
all the time is, Brian,

is DeFi the same as
trading cryptocurrencies?

And again, right now, if you
could type into the chat,

tell me if you’ve traded cryptocurrencies.

Just say, yes, I’ve traded crypto.

No, I haven’t traded crypto,

because I’d like to get a sense right now

of this audience and what they’re doing.

And let me just say this,

cryptocurrencies are not the same as DeFi.

And let me try to explain that.

Cryptocurrencies like
Bitcoin are more analogous

to assets like gold,

whereas DeFi is the actual infrastructure,

more like the global financial system,

the banks, the insurance
companies, the brokerage companies,

all of that.

That’s really what DeFi
is more analogous to.

And let’s look at an example.

Gold prices go up and down.

Cryptocurrency prices,
as we’ve seen recently,

go up and down.

And here’s the news.

They’re gonna continue to go up and down

for probably the next 100 years.

This is the reality.

But the global financial
system always stays present

and it actually innovates
over time constantly,

even when we have setbacks
like stock market crashes

and savings and loan
mishaps and mortgage crises,

actually the infrastructure
constantly improves,

which is why you usually
get better services online,

et cetera, but that’s
still centralised finance.

One of the great analogies
that Andreas Antonopoulos,

who’s been on my show for,
over the past six years,

one of the real great experts

when it comes to understanding Bitcoin

and all things blockchain,
he told me this,

and I’m gonna play this video
for you a little bit later,

he said, Brian, do you
remember back in 2000

what happened with the dot-com boom?

And I said, actually I do,

because I was the 27-year-old
CFO of a dot-com startup

in New York City called

And here’s a quick story.

I actually left London
in 1999 to take this job

as a dot-com CFO in a
startup in New York City.

And one of my best friends
from MIT called me up and said,

Brian, he said, get your ass to New York.

You gotta be part of this revolution,

and I got this job for you.

And I said, I’m kinda in the middle here.

I’m actually in the financial markets.

And he said, this is where
you wanna be, so I flew back.

And within three weeks, I had
moved back to New York City.

I left all my furniture
and everything in London,

I didn’t care.

And I started going into the dot-com boom.

End everything was amazing

and we were all worth
millions of dollars on paper.

And in 2000, the market
crashed and the NASDAQ crashed

and I think over a
trillion dollars of value

was lost in that market.

Now, that’s a good
example of an asset price

of going up and down like a crypto

or the stock price of
or the price of Bitcoin.

But what happened in the year 2000

something no one talks about?

It was the greatest year
for the internet on record.

Now, what do you mean by that, Brian?

What do you mean the greatest year?

Well, clearly it wasn’t.

The NASDAQ lost half of its value.

Yes, but everyone in the world

started looking at the internet

as a solution to their future.

They started using it to
buy books and buy jewellery.

They started using it to consume content.

They started using it for search.

They started using it for
every day of their life.

So actually 2000 was
one of the biggest wins

for the internet and internet
integrated into commerce,

and yet we were focused on an asset price

that goes up and down and up and down.

This is a similar analogy to DeFi.

We’re gonna see Bitcoin go up and down.

We’re gonna see Elon Musk
tweet out this and that.

But DeFi, as the infrastructure,

is gonna constantly be improving.

And if you had bet on the
internet back in 2000,

your gains right now would
be 100X, 1,000X, 10,000X.

Think about that.

If you had invested

in some of those early
companies back then,

you would be a winner right now.

We’re gonna do the same
thing inside my DeFi Academy.

And so think about that
analogy, let it seep in,

because it’s important to
understand what’s gonna happen.

And again, I want you to understand this.

The financial system
has been centralised now

for the past couple of hundred,

maybe even a couple thousand
years if you think about it,

and therefore its rate of
innovation and improvement

has been very slow.

And there’s a great book
that I recommend you reading,

although don’t get stuck inside
a book by not taking action,

it’s called “The Innovator’s Dilemma.”

And it says simply this,

the market dominant force
will never innovate.

Let me repeat.

The market dominant force
will never innovate.

Walmart used to be the
greatest retail in the world.

How come ate their lunch

when it came to online sales?

Why, because by definition,
Walmart won’t innovate.

They’re just not motivated to

because things are too
good for their business.

They’ll never dedicate the resources.

They’ll never have the company culture

to actually create that change.

And there are repeated issues
of this throughout history.

And that’s why always the innovator,

the nimble one will win.

Why do I have more subscribers

than most every single
newspaper here in London,

the major publications?

Because I was an innovator

and I went down and
created my YouTube channel.

And now I’ve got more
subscribers and more views

than The Times of London
and The Telegraph.

Why, because I’m the innovator.

The same thing applies
for decentralised finance.

The centralised finance
institutions like the banks,

sure, they’ll offer you banking online,

but that’s not the same
as decentralised finance,

as I will show you in week
one inside The DeFi Academy,

and that’s why we’re
gonna focus on this space.

And again, let me just clarify.

This space is growing at a rate

that I’ve never witnessed in history

and I was part of the dot-com boom.

I didn’t see a market that was
growing 88 times in one year.

That’s an 8800% rate growth.

You don’t see this.

This is never seen.

And that’s why I couldn’t
be more excited about this

and that’s why we’re going
all in on this technology.

So I hope that helped for you.

I wanna play for you a short
clip of our good friend,

Andreas Antonopoulos.

Again, we used to call
him the Bitcoin Jesus

back in the day.

And this clip is from six years ago,

but the reality still holds true.

And this is him trying to explain

the difference between Bitcoin
and decentralised finance.

He’s not calling it DeFi at this point

because the term wasn’t around,

but he’s trying to explain how Bitcoin

is more analogous to email,

whereas the internet is more analogous

to decentralised finance.

Here’s a short clip of Andreas
explaining this phenomenon.


  • The easiest way to explain it is this.

If you are introduced
to the internet in 1992,

you may make the obvious mistake

of assuming that email is the internet.

And for very long time,

email and the internet
are indistinguishable.

It’s not until ’95 that
the web comes along.

And when you have two major
applications on the platform,

that allows you to see the platform.

Until then when there’s
only one application,

you confuse the application
and the platform.

Bitcoin, the currency, is email.

It’s not the real invention;

it’s the first application
of that invention.

So Bitcoin as a whole is not
just money for the internet;

it’s the internet of money.

And currency is just the first application

on the internet of money

and there is a whole set of applications

that we can build on top of that.

So when I read the paper,
that’s what I started realising:

this is a platform.

And on top of it,

you can build decentralised
trust mechanisms.

And currency is the
obvious first application,

and that alone is huge.

Don’t get me wrong, it’s absolutely huge,

but it’s not even the beginning.


  • And again, incredible
    insight from Andreas.

He’s always there to really hit it home

within a gradable observation.

Again, Bitcoin is email,

decentralised finance is the internet.

Think about it that way.

Bitcoin was just a tiny, tiny part

of what would soon become a
massive ecosystem as we knew.

But back in the early ’90s,

we thought email was the internet,

just like a lot of people thought Bitcoin

was decentralised finance.

It’s not.

It’s two-dimensional, three-dimensional,

four-dimensional, five-dimensions bigger,

things you couldn’t even imagine.

Imagine that first email you got.

Did you ever think you could
buy a book on your mobile

on the back of that, probably not.

That’s how that evolved

and that’s how we’re gonna
see centralised finance

or decentralised finance
evolve in the future.

So I’m gonna go to your
questions right now.

Again, they’re gonna be beamed
right here onto my iPad.

First of all, tell me,

what questions do you have
to me about the DeFi space?

Second, why do you believe that DeFi

will revolutionise finance

and give the financial
freedom back to the people?

Third, do you think cryptocurrencies

will go up or down from here, and why?

And fourth, have you
invested in DeFi platforms?

And if so, which ones and why?

Let me ask one more question.

Do you think what Elon Musk says matters

when it comes to crypto and DeFi?

Put that one in there as well.

So I’m going to your questions right now.

Again, whatever platform you’re on,

give me those questions and
tell me what’s on your mind.

I really wanna hear them,

because this is exciting
stuff here and I love it.

I’ve got Marek Wlodarski here says,

hey, Brian, very good idea.

Is it a really decentralised
project or partly centralised?

He’s asking me about AML and
KYC, which is know your client.

And look, it’s very interesting
your question right here.

Right now, what we wanna
do is we’re creating

an elite group of people

that are going spend the next 10 years

investing in this entire ecosystem
of decentralised finance.

And so again, we are looking for people

of our parts of the spectrum,

we’re looking for people
that wanna develop,

they wanna invest, they wanna empower,

they wanna market as well.

And so that’s what we’re
looking inside The DeFi Academy.

If you think that’s for you,

we’d love to see your application

and that’s where we’re headed from there

and I couldn’t be more excited
about what’s happening.

Again, submit your application.

We’re only looking for
the right people here

and we couldn’t be more excited
with what’s about to happen.

I got Anthony Nelms on Instagram saying,

Brian, gonna rock our world.

You know this.

I feel like I’ve spent the
last 50 years of my life

preparing to be part of this revolution

when it comes to DeFi.

I feel like the last 50 years of my life

have really gotten me ready for this

and I couldn’t be more excited.

We’ve got PK921 on
Instagram saying, quote,

I’ve been interested in investing

in a number of cryptocurrencies,

but the levels of market volatility.

I’ve been a little hesitant.

Is DeFi a better option for me, unquote?

It’s a great question, PK921.

And again, back to my analogy
of Bitcoin was the email,

DeFi is the internet.

Think about that.

Bitcoin was the email,
DeFi is the internet.

So yes, cryptocurrencies will always bring

volatility to them because
they’re being adopted,

they’re being abandoned,

they’re being adopted and
they’re being abandoned

by people who don’t know how to trade.

And I’m gonna talk about
this in the second section.

When you get newbie traders,
that equals market volatility,

and that’s what we’re seeing here

and in some of the equity
headlines that we’ve seen

recently as well.

DeFi is about investing
long-term in the infrastructure

that’s gonna change our future.

Imagine if back when you filed
your first email in 1991,

and by the way, I sent my
first email in 1989 from MIT,

it was called the Athena Project,

and I sent it to my brother at Stanford

and I don’t even think he replied.

And so imagine back then
thinking this was the internet.

It’s not.

What we’re thinking about
is something in the future

we can’t even conceive of,

but we know it’s going to be important

and that’s the way we’re
going in to looking at DeFi.

And we’re looking to people
to go in with open eyes,

looking to create value for other people

and invest themselves and be
part of this wealth creation.

So, great question, I appreciate those.

Keep that coming.

I got Never Lack and Rod
on Instagram says, “Amen.”

So I guess you’re feeling
us and I appreciate that.

We got Aaron Analogue
Picks on Instagram says,

“What’s the difference between DeFi

and cryptos like Ripple?”

So again, I kind of explained that.

A lot of the cryptos right now

are part of the DeFi infrastructure.

And so again, you’ve
gotta do a deeper dive

into a lot of these different,
quote, unquote, cryptos,

because some are our
traditional coins that we know

like Bitcoin and Ethereum,

and they bring volatility with them

and they also bring other things.

We’ve also got things
like stablecoins like Dai,

which is literally attempted to be pegged

to the value of a dollar,

and that’s an attempt to
make something ultra stable.

We’ve also got things
like Ripple and Armour,

which are coins that are gonna be part

of the infrastructure of DeFi,

but oftentimes they bring
their own volatility as well.

And these are some of the many topics

that we’re gonna be covering
inside The DeFi Academy.

One thing I’ve realised in the marketplace

is there’s no trusted
source of information.

And that’s one of the reasons
that most people so far

are applying to The DeFi Academy because,

they said, Brian, I
don’t know who to talk to

and I don’t know who to trust,

and that’s why I’m coming to you.

And so we’re creating an incredible group

of intelligent people inside
that we can all trust,

and it’s absolutely amazing.

I’m hearing the gong hit out there,

which basically means someone
just joined our DeFi Academy.

And we hit the gong every time here.

We’ve obviously found
someone that we think

is an elite person who’s
gonna be part of our team.

And I just heard the gong
go out there, so fantastic.

If my team can give me their first name,

I’ll give ’em a shout out here as well.

Couple more comments
and then I wanna get out

to section two as well.

We’ve got Arno on IG saying,
from Belgium, great mission.

Thank you, Arno, we appreciate it.

I hope you’re a part of it.

Someone said an answer to the question:

do you think cryptocurrencies

go up or down from here and why?

Peter Butterworth on YouTube
says, up, baby, all the way.

Crypto is showing us
that our pension schemes

are robbing us blind.

Peter Butterworth, it’s a great plan.

I spoke to someone recently and they said,

what would I rather buy, a
cryptocurrency or a gold?

And they said crypto.

And this is from an old school
Wall Street friend of mine

who’s in their 50s.

And I said, really, you’re
willing to go all in

on that asset?

And he said, look, Brian,

look at our financial institutions,

they’ve been lying to us our entire lives.

They’ve been taking out margins,

they’ve been charging us transaction fees,

they’ve been pulling the very soul

out of our long-term investment portfolio.

That’s my children’s future.

He said, why would I
trust that institution?

I would rather invest in something

that I know is gonna be a
crucial part of our future.

So I bought the Bitcoin,
I put it in cold storage

and I’m leaving it there
for my children in 20 years.

And it was a fascinating observation.

And Peter, obviously you agree with this

and I think it’s an important point.

And again, when it comes
to hot and cold storage

and how to store your crypto

we’ll be covering all of
that inside DeFi Academy,

It’s a very important point.

Because with the new system
of decentralised finance,

the onus is on you to protect your assets

and therefore you have
to be careful about it,

but there are many options
that you can do that.

So great questions.

Keep these coming in,
keep giving me questions

on all the platforms.

And after this broadcast is over,

leave me your questions below.

I’ll be going those and
answering those as well.

Couple more questions here.

We’ve got, let me see,
oh, someone else said,

let me see, oh, someone
answered the question:

why do you believe that DeFi
will revolutionise finance

and give financial freedom
back to the people?

Kolakao Collin-Tito says on YouTube,

to me, DeFi represents financial freedom.

There’s a lack of financial education too

which DeFi can help address.

And that’s a great point, Kolakao.

There’s no education currently going on

in the centralised finance
world, why is that?

Why don’t they educate you?

Well, let’s think about that.

Back in the day, in the
industrial revolution,

did they teach the workers
how to read and write?

Well, in the beginning, they didn’t.

Why would they?

Because they wanted them to
be good little worker bees

and come and do the
tasks they’re told to do

and then go home.

And that’s why education was held back

for so many of the citizens
of the world for so long.

The same is true with financial education.

Why would the banks,
the mortgage companies,

the financial institutions,

why would they try to educate you

on the processes that make
them $9 trillion per year?

When was the last time a banker
or a mortgage company said,

oh, this is easy, you
can do this on your own,

you don’t need my help.

It’s the opposite.

It’s always like, it’s complicated,

I’m gonna have to get you financing,

your application has to be approved.

Why, why is all that nonsense in there?

You need a trusted financial
advisor, you need, why,

why do they do that?

They do that to withhold information.

And so part of our mission
here at London Real

and in The DeFi Academy is to educate.

We’ve been doing this for 10 years.

It’s to empower you with the knowledge

which will make you more
connected to your money.

Again, I think we face
a massive disconnection

from our money these days
which makes us hoard it,

which makes us, we almost idolise it

and then we can’t connect to it.

And then when we do get the money,

we don’t even know what to do with it

because it doesn’t make us happy,

because we haven’t actually integrated it

into the fabric of our lives.

With decentralised finance,

it’ll just be like
another part of your life.

You’ll be connected to it.

It’ll fill a function.

And then quite frankly, you can
get on with living your life

because that’s what I think
life is for, for living,

not for hoarding assets or
worried about storing money away

in some secret account.

That’s not what this is about.

And so our mission to
educate goes much further

than simply building a
lot of a wealth creation

or building, or making a lot of money.

DeFi Academy is about more than that.

And so that’s a great question
and thank you for asking.

A couple more coming here.

Kadir Gul Akin on Instagram says,

there is no bank involved, amen.

That’s exactly what
we’re talking about here.

That’s the point.

We get the banks out of the loop,

and that means you and I win.

I’ve got SAD and Company
Holdings on Instagram says,

would you say to buy/sell

or hold cryptocurrency
at this point in time?

And that’s a great question.

And I wanna say, first of all,

we’re not here to give financial advice.

I mean, I’m not here to give
personalised financial advice.

And again, I’m not here
to buy and sell cryptos.

I think that’s looking at this whole space

like sending and receiving emails.

I’m looking at building
long-term infrastructure.

But I am gonna talk about my mentality

when it comes to trading the markets,

and I’m gonna cover that
in the second section

and I’ll talk about how people
deal with volatile markets,

how to invest in volatile markets,

and the emotional process
is very important.

And we’ll be covering that
in module three and four

inside The DeFi Academy as well.

A couple more questions here

and then I wanna get
back to the good stuff.

I got Anthony Escobedo
on YouTube that says,

I made in two years what it
took a guy 25 years in a 401k.

I’m not a sucker to work my whole life.

And, Anthony, it’s really well said.

If you look at the transaction fees

that they suck out of your 401ks,

it’s bordering on criminal.

And again, these
long-term compounded gains

that you really need in
a long-term investment

get pulled out with these transaction fees

that you never even see coming.

I’m talking about four, five, nine,

10% transaction fees over time.

And it basically ruins all of your wealth,

it goes into someone else’s pocket

and your children and
grandchildren suffer.

Enough, we’re giving financial
freedom back to the people

and I’m so glad you brought that point up.

Couple more.

We got Richard Neville
on YouTube that says,

are we headed for the stock market

and collapse of the financial system?

Crypto will crash with it,

but how soon are we looking at
a utility adoption of crypto

and in particular DeFi afterwards?

These are great question.

There’s a lot of questions there as well.

A lot of people in the DeFi space

criticised fiat currencies,

and I’ve had guests on my
show here in London Real

for the last five years, 10 years

criticising fiat currencies,

from Max Keiser to Jim Rickards

to Robert Kiyosaki, the
author of “Rich Dad Poor Dad,”

who by the way will be here live on Monday

talking about cryptocurrencies,

and we’ll have his content also

specially inside The DeFi Academy.

But these are big questions

and these are things that will be covering

inside the academy and inside the course.

I personally don’t believe
that fiat currency system

is gonna crash anytime soon.

I personally don’t believe

the stock market’s gonna
crash anytime soon.

But I do believe that DeFi

and investing in the
infrastructure of DeFi.

I believe there’s a short window of time.

I’m talking about months
and years right now

where all the crucial
infrastructure is gonna be built

and I wanna be a part of it

and I’m looking for people
that wanna be a part

of building something for the future.

That’s it.

I’m not looking for people
that wanna get rich quick.

I don’t need that energy in my life.

I don’t need it.

I want people that wanna build,

that wanna give back to others,

that wanna serve and create something

that your grandchildren are
gonna be telling stories about.

You know what my grandpa did back in 2021?

He built this.

That’s the kind of energy

we’re bringing inside The DeFi Academy.

And I’ll bring my predictions
later, Richard Neville,

but I appreciate the question.

Triple Cross Clothing on Instagram says,

love it, Brian Rose, keep talking truths.

I appreciate you as well.

And Smacker Neal on Instagram says,

I’m an Aussie native and I buy and hold

digital assets and DeFi ECTs.

Good man.

I like that, Smacker.

And I am an investor in DeFi as well.

And I am buying and holding these things

just for the future.

And by the way, that was Reddie,

that just joined us inside the academy.

So congrats, Reddie.

We will see you there on our
first live call on the 21st.

Get in the Facebook group right away,

upload your introduction video.

The people in that group are next level.

I mean, seriously.

We have some amazing people
with incredible experience,

great trading experience,
amazing insights.

Some of these people have already invested

in some of these DeFi companies.

I mean, it’s an elite group of people.

I couldn’t be more excited to
get in here and kick this off.

So let me talk about section two here.

And I wanna talk about my
personal background in finance

and tell you my story.

You might enjoy this story.

And again, feel free to
put your questions in here.

And I wanna talk about my whole journey.

This is a picture of a trading
floor in New York City.

And this is a little bit

like what my trading floor
looked like back in 1993

when I was at Bankers Trust.

Mine was actually bigger than this.

It was massive and it was a
incredibly a lot to take in,

if I’m honest with you.

And let me tell you a little
bit about myself first,

because I was recruited
at MIT back in 1993

by all the investment banks

and trading companies in America.

And I’m gonna put another slide
up really quick here as well

and show you some of the things

that we would look at back in the way

and some of the things
I’m looking at right now.

And this is, by the way,
options volatility on Bitcoin.

And the reason I put this up right now

is because my 15 years of
experience on Wall Street

will allow me to decode
this diagram for you.

And this shows, by the way,
call option and put option,

buys and sells, and blocked
plays currently on Bitcoin

and this tells you a lot

about what’s going on in the marketplace.

It also tells you about what’s
going on with volatility.

You can actually buy and sell
volatility in the marketplace.

And there’s a lot of interesting
metrics like option delta,

gamma and theta that
you need to understand

when it comes to these markets.

And again, I’ll come back
to that diagram shortly.

But my experience on Wall Street
allows me to process that.

So again, back to my story.

Back in 1993, I was sitting in MIT.

That’s actually back in 1992.

And I had just had two summer
jobs in engineering companies.

I worked at Ford Motor
Company for the summer,

which was amazing,

because I had a Ford
Mustang when I was a kid

and I thought I wanted to
be a mechanical engineer

my whole life.

And I worked there and I
looked around and I said,

I don’t wanna be one of these guys,

who, at 60 years old, is
making 50 grand a year

and he’s living in Michigan.

I’m like, I don’t wanna be that guy.

So the next summer,

I worked for the Aerospace
Corporation in Los Angeles.

This was a special consultancy

for the United States government.

We worked on aerospace
projects and space projects.

I worked on the Galileo space probe

for two summers actually.

And then I looked at that and I thought,

I don’t really wanna do this.

And then I saw the movie “Wall Street”

and I got excited about
options and stocks and finance.

I started taking classes at
the Sloan School of Finance.

They actually let the
undergraduates do that at MIT.

And I was crushing it.

So here I was, some 20-year-old kid

and I was smoking all these
27-year-old MBA students

who had just come back from
their careers on Wall Street

to learn options at MIT
and they didn’t understand

quadratic equations like I did,

and so we were smoking them in there.

And I took accounting, options
pricing, financial theory.

And after that taste, I thought,

I’m going straight to Wall Street.

And so a bunch of banks,

investment banks came and interviewed me,

I flew from Boston to New York City,

I put my best suit on I
could and I interviewed,

and it was an incredible experience.

There’s a picture of
me graduating from MIT.

This is, I think, in May of 1993.

And literally, a few months later,

I packed a van, all my stuff in a van,

and drove from Boston to New York City

and I started my career on Wall Street.

And the reason Wall Street
was looking for engineers

is because they needed smart
math and engineering students

to price these complex
derivative instruments.

And that’s why they went and found me.

And I still remember my interview.

I still remember my first
day at Bankers Trust.

It was on the 33rd floor
of Bankers Trust Plaza,

which was the building right
next to the World Trade Centre

before it got knocked
down, right, in 2001.

And on one side of the 33rd floor,

you could look right into the building,

you could see all of uptown Manhattan.

On the other side, you could
see the Statue of Liberty.

And I would walk up there
and I literally pinch myself.

I’m like, I must be in a movie.

And there was a massive
trading floor as well.

It must’ve been 300 people on
there, all open plan floor,

people yellin’, people swearin’,

alpha males, threatening people.

Sometimes there were fights,

millions upon tens of millions
of dollars being made,

guys in their 20s that were macking it

with penthouses in New York City.

I mean, it was crazy.

And I loved every minute of it.

And I learned how to price and trade

some of the most complex
derivative transactions

in the world.

I traded hundreds of millions of dollars

worth of US government treasuries.

I traded on the Chicago
Mercantile Exchange.

I traded on the Chicago Board of Trade

and they gave me the
phone and said, go for it.

I was 22-years-old and running

a massive, massive book of risk

and I learned all about how to trade.

And it’s a complex idea
and it’s not easy to do.

And you need to know how
to check your emotions

and you need to know what’s going on.

And our job was to create
these complex options

and financial instruments and
package them for our clients

that were corporates, that
were institutions, et cetera.

And when I started looking
into the DeFi space

months and years ago,

I looked at what’s
happening now and I thought,

wow, I haven’t seen this in 30 years.

30 years ago, we had rocket scientists

doing what they’re doing right now

in the past 12 months in the DeFi space

and it’s growing at a rate
that’s incomprehensible to me.

The things that are happening right now

in decentralised finance,

on some of these incredible platforms,

took Wall Street 30 or 40 or 50 years

to create and innovate.

I’m telling you,

some of these yield farming
things that are going on,

where you can take your crypto assets

and earn yield on them

took the financial markets of Wall Street

20 years to create

and they’re still not as
transparent and liquid

at what’s happening in
decentralised finance.

Say, I’m telling you,

from someone who’s been in
this business for 15 years

and started 30 years ago,

I recognise what incredible
things are happening here

and that’s why we’re deciding
to go all in on this.

And so again, I’m bringing
all of my experience

on Wall Street into this equation

and I’m sharing it with all of my students

in the DeFi Academy

and I’m trying to bring
all of my experience

of the centralised world
into the decentralised world.

And I wanna talk about
something really quick

before we get finished here.

And I wondered if we could
put the graph back up

of the Bitcoin options piece,

because I wanna just show that again.

And again, let me explain what this is.

These are call options and
put options on Bitcoin.

That’s what they are.

And it shows the buying
volume and the selling volume

and the block volume of these options.

That’s what that is.

Now, for most of you, that
might not make a lot of sense.

So let me see if I can
break it down for you.

Most people out there buy
and sell cryptocurrencies.

And you can take the slide
off now and come back to me.

So most people out there, if
you’re watching me right now,

you might’ve had some experience
buying or selling a crypto.

But buying an option on a crypto
is a different instrument.

Now let me explain it like this.

Say, Bitcoin is trading
at $36,000 right now

and you believe it’s gonna go to 45,000.

Well, you got a couple options

on how you can take on that risk.

You can buy Bitcoin,

but that means you gotta
come up with $36,000

and buy a Bitcoin and
wait for it to go up.

Okay, great.

Might also go down by $9,000

and you’re gonna have to own that risk.

Or you could buy a call option,

struck at $45,000 three months from now,

that says, if the price goes above 40,000,

you have the option to buy it at 40,000,

which means this, if Bitcoin goes up,

you can exercise that option and profit.

And if Bitcoin goes way up,
you can profit massively

because that option is
gonna be much cheaper to buy

than the current spot price of Bitcoin.

It also means that your
downside is limited,

’cause once you buy the option,

you can’t lose any more than that.

That’s what that means.

And so options trading on cryptocurrencies

is starting to happen now.

It’s something I’ve
been doing for 30 years.

And if you understand
what’s going on here,

you can see a lot of information

that happens from these options.

And when option prices
go up and down on calls

and put options, by the way,

which is an option to sell Bitcoin,

if you think Bitcoin is
going down in the future,

when the prices of those options go up,

it’s the market believes
that volatility is going up.

And you can pull that information

out of those option prices and volumes

and you can start to see
what the market is predicting

for the future.

And so, again, this is a simple thing.

When it comes to my perspective,

something I’ve been doing for 30 years,

that now can be applied
to cryptocurrency markets

and DeFi markets and exchanges

in order to pull out crucial information

to predict what’s going
to happen in the future.

And again, you can never
predict the future.

But the more information you have,

the better you can make
informed decisions.

And so that’s what that
graph is all about.

And it’s one of the many
things we’re gonna be through

in module three inside DeFi Academy.

We’re gonna be going in to
how to price, how to trade,

and how to understand options on DeFi.

And this is a crucial part.

And again, these are simple
call and put options.

You can get crazier from here.

There’s digital options,
there’s spread options.

I mean, I’ve priced every
option under the moon

and under the sun.

And all of these things
will start to come out

as we see the years progress.

And those of you that understand this

are gonna be the ones that
build the infrastructure

and profit from it and that’s
why I find this very exciting.

Let me make one comment.

When it comes to trading the markets,

and this was asked earlier
in one of the questions,

before I go back to your questions.

When it comes to trading cryptocurrencies,

I see a bunch of amateurs out there.

That’s what I see.

I see a bunch of newbies.

And it’s what creates the volatility.

Now let me explain this.

As most of you know, if you’re a trader,

you have two jobs, two very simple jobs:

you need to buy low and sell high, right?

You can buy low and sell high.

You can actually do that in reverse,

and sell high and then buy it back lower

if you wanna go short the market.

But that’s basically the two
things you need to do correctly

if you wanna make money, if
we’re gonna break it down.

Unfortunately, the human
psyche has programmed you

to do the opposite.

Most humans buy high and they sell low.

And that’s why we see people in tears

after market volatility,

we see people losing money
when it comes to trading,

in day trading crypto, which I think 80%,

90% of day traders lose money.

It’s because you are
wired not to make money.

And that’s why the great traders

that I worked with over
the years of Wall Street

and in the city of London

and in the pits of the Chicago Exchange

they had mental discipline.

And just like anything in life,

if you wanna be successful,
you need mental discipline,

which means you don’t eat

the entire chocolate
cake when you want to,

you don’t watch Netflix for
three days when you want to,

and you don’t skip the gym
for a week when you want to.

It takes mental discipline
to be successful,

and it’s same when it comes to trading.

Most people buy an instrument
after it’s increased in value

because of FOMO, fear of missing out.

Bitcoin goes to 50,000,
now it goes to 60,000.

I better buy it now,

even though I coulda
bought it five years ago.

But they buy it now

because they feel like they’ve missed out.

So what do they do?

They buy the highs.

What happens next?

Few tweets from Elon, a few
comments, a few volatility,

Bitcoin goes down below 40,000.

What do they do?

Well, obviously they should be
buying low and selling high,

but what do they do?

They sell because they
see everything going away,

they see them losing their house,

their kids can’t go to school.

They put too much money into these trades

because they got emotional about it

and now they’re selling low.

They bought high and they sell low.

And this is what I see happening every day

inside the crypto markets.

And there’s so many new traders

because of decentralised finance

’cause there’s no gatekeepers,

there’s no brokers and
investment advisors.

I think the volatility is magnified.

And if you wanna learn how
to master the art of trading,

you have to master your own emotions.

You have to create mental discipline.

And it’s easy to say
it’s much harder to do.

And I always joke with my
students in all of my academies,

if we all follow the
information that we have,

then we would all be billionaires
with six packs, right?

We all know how to get a six pack,

we all know how to create great companies,

but most people lack the mental discipline

and the same comes with
trading the markets.

Most people, in theory, know what to do,

but you lack the mental discipline

and that’s something we’re
gonna be covering deeply

inside DeFi Academy.

And that’s what I see
mostly going wrong right now

in these crypto markets.

You got a bunch of newbies,
a bunch of amateurs,

and they don’t know how to trade,

and that’s why we see
increased volatility,

and that’s why we see most people,

their trading careers ending in tears

and that’s the thing that makes me sad

and that’s what I’d like to change.

So I hope that helps.

Those are thoughts from an
experienced Wall Street trader.

And now, I wanna go to your questions.

But before that, I wanna play this video.

And this is Andreas
Antonopoulos explaining

that the price of Bitcoin

is the least important
thing going on here.

Let me repeat that.

The price of Bitcoin,

the thing that everyone’s talking about,

that Elon’s tweeting about,

that all the news is talking about,

you’re missing the points,

you’re missing the forest for the trees.

That’s not what’s important here.

Here’s Andreas talking more about that.


  • Because it’s illogical and
    more importantly the price

is the least relevant or
interesting part of Bitcoin.


  • Can you explain that
    dichotomy to people?

Because a lot of people would
say, oh, that makes sense.

But if you explain it a little bit better,

you understand that it
doesn’t really make sense.


  • Well, think about it this way.

In 2000s, 90% of all internet
startups went belly up.

Almost a trillion dollars
of value was destroyed.

And that was the internet’s best year.


Because that’s when you started

really seeing the web takeoff

and the utility and adoption
all hit these inflexion points

with the real explosion in mobile,

the beginning of smartphones
and mobile internet,

the web had finally taken hold

and was beginning to get
serious attention from business

and all of the first-generation
internet startups blew up.

But what really happened is in that,

in the last two years of that bubble,

the internet became entrenched
in everybody’s life.

2000 was simultaneously the
internet death and its rebirth.

And so, but that is capitalism,

that process of creative
destruction and rebirth

is the process that creates
tremendous innovation

and attention for things.

Bitcoin has now gone through
four bubbles like this.

In fact, everybody knows
about the November 2013,

went up to a thousand
dollars, crashed down to 230.

We’re at 270 now.

But what people don’t know

is that that’s not the biggest
bubble Bitcoin has ever had.

Two years before that,
Bitcoin shot up to $30

and crashed to 25 cents.

And in relative terms,
that was a bigger climb

and a much bigger drop.

And it took almost two
years to recover from that.

And that was its second biggest bubble

because the really big bubble

was when it went from a
thousandth of a penny to a dollar.


  • Right.


  • And at $1, that was
    the real birth of Bitcoin

’cause parity was almost
considered unattainable.

The dollar per Bitcoin was
like a Holy Grail dream.


  • Right, because it started off,

its worth basically zero in an idea.


  • Absolutely.

And the idea that you can
bootstrap a global currency

from nothing was in
itself a ridiculous idea.

So when you hit dollar parity,

you’ve proven that you can bootstrap

a global currency from nothing

and that’s never happened before.

To then say that the Bitcoin
is dead because it’s at 260,

if you go back, the idea
that it could ever reach

260 was insane.

And by the way, we’re not done.

We’ve got at least three
or four more bubbles.


  • [Brian] Right.


  • Bitcoin is not going to now be steady.

Because every time attention shifts back,

it blows another huge rise.

And because there’s not enough
to sustain that rise usually,

it will then revert and crash down again.

This is a roller coaster.

It’s gonna continue to be a roller coaster

for three or four years,
just like the internet was.

The big difference, the
internet didn’t have

a single stock price that
everyone could pay attention to.

So it’s both a blessing and a curse.

It’s a blessing because
as an investment vehicle

by attracting people to speculate on it.

It’s generated a lot of
attention when it goes up.

It generates a lots of
investments in Bitcoin companies.

And a lot of the early Bitcoin
millionaires, if you like,

were able to reinvest their
Bitcoin into startups.

But at the same time, double-edged sword.

Every time it crashes,

someone writes an obituary for Bitcoin.

They’re like, Bitcoin is now dead.

By the way, there’s a site

where you can read 150
obituaries written since 2010,

all of which are not true.

And I’m guaranteeing you,

there are going to be
two to three more years

of obituaries being written about Bitcoin.


  • Big shout out to Andreas Antonopoulos.

I can listen to him all day.

And there, he said it right there.

This is back in 2015, where
he said there had been

150 obituaries written
about Bitcoin since 2010,

and he’s laughing.

And he’s talking about prices
of Bitcoin of 25 cents of $1,

of $260 of $1,000.

And yet what did I read this morning?

Another obituary of Bitcoin.

Again, if you understand your history,

then you can see the future.

And that’s why module
one inside the academy,

we will be going detailed
into the last 12 years

of the history of crypto and DeFi.

And by understanding everything,

from the ICO boom and bust

to the crypto winter that
happened, to everything,

we’re gonna really understand
what we’re dealing with here.

And again, it allows you
to control those emotions

and that’s what makes being a good trader

and a good investor is all about.

And it’s fascinating to
hear him talk about that.

The price of Bitcoin
is not the issue here.

And back then, Andreas said,

there’ll be three or four more bubbles.

He shoulda said 30 or 40 more bubbles

because that’s the nature of this asset

and it will be, in my opinion,
for the next 10 or 20 years.

So let’s get used to
that, let’s accept that,

let’s work on something we can control,

which is building the
future infrastructure,

and making intelligent, lower risk bets

on some of these other crypto plays.

All right, this is great stuff.

My questions for you right now,

they’re gonna be beamed right to me.

Tell me, what question do
you wanna ask me about DeFi?

Secondly, why do you believe that DeFi

will revolutionise finance

and give financial freedom
back to the people?

Third, do you think crypto

goes up or down from here and why?

Fourth, have you invested
in DeFi platforms?

And if so, which ones and why?

And finally, Elon Musk,
one’s talking about Elon.

Do you think Elon, first of all,

should be talking about cryptos?

Do you think he has any
long-term change in crypto

or DeFi space?

Or do you think ultimately
this is not about one person,

this is about a community,

this is about a global infrastructure?

So I wanna hear from that, from you now.

And then of course, I’m gonna
finish off with my final point

about how we’re gonna create
this infrastructure together.

Some great comments coming through here.

I got Painreliefpc ask via
Instagram, what’s the website?

So I assume you’re
referring to DeFi Academy.

It’s, D-E-F-I.

And I just heard another gong out there.

So we’ve just accepted a new
member of The DeFi Academy.

My team gives me their first name.

I’ll give them a shout out as well.

Again, you have to apply
and be accepted by me

in order to get into this academy.

But there’s not much time left obviously

and we’re starting this course very soon.

And honestly, I mean, I never predicted

this amount of interest
in subscribers globally.

It’s literally crashed our
computers here a few times.

And so I appreciate
everyone coming in here.

And I’ll give you a shout out,

to the person who just joined us as well.

Bruce Barron Jr. on Instagram says,

what DeFi projects do you
view as the most innovative?

Honestly, I love so much
of what I see out there.

It’s fascinating because I’ve
been talking about this space

for eight years.

And again, I bought my first
Bitcoins back at 85 pounds

back in 2013.

And even as recent as a year or two ago,

I was buying a lot of the cryptocurrencies

that my good friend
Teeka Tiwari recommended.

And yet now there’s
fascinating new platforms

that make even that easier to do.

And so when I go on and see
some of the incredible stuff

that’s happened on places
like Uniswap and Compound

and some of the incredible technology

that’s being developed at
some of these platforms,

I’m so impressed.

And I know this is just
the tip of the iceberg.

So I’ll be talking in more detail

as far as what we’re gonna be looking at

and investing in over the future,

but that all happens inside DeFi Academy.

But there’s some amazing stuff out there.

And again, I was in the
CeFi sector for 15 years,

so when I see what
they’re doing it at 1inch

or when I see what they’re
doing over at maker,

I see what they’re doing
at Armour, I’m like, wow.

We coulda never done this
in a bank with 50,000 people

that were being paid a
million dollars a year.

And they’re doing it in weeks

with people around the world
that sometimes are anonymous.

It’s incredible what’s happening here.

Let me say one thing.

That also brings risks with it.

And so again, the one
thing that CeFi brings you

is a underlying layer of risk management.

You have a pretty good chance

that your money’s not gonna
disappear in your bank account,

whereas on some of
these new DeFi platforms

it’s possible that they
break, they get hacked

and that’s the other thing we have to be

very aware of that’s going forward,

which is why a lot of people
are joining my academy

because they don’t feel comfortable

with the unknown risks of
some of these platforms

and we’ll be talking more
about that in the future.

And again, looking through the history

at what’s happened to
some of the platforms

so we can try not to repeat that history.

So great questions coming
through and keep them coming.

Wherever you’re at, leave me a question.

Even if you never left me one before,

leave me a question right now.

They’re being beamed to me right now.

I got Nanny Nutcase on Instagram,

come on, how good of a name is that,

who says, quote, “I have
a lot of faith in this

if I can get my head around the numbers.

Do you think a granny could
manage to do this,” unquote.

Nanny, a granny could
easily manage to do this.

Again, come on, I just turned 50, right?

So I might be joining you soon.

The truth is, is that anyone can do this.

The problem is this,
you’ve been brainwashed

over the past 200 years.

Your financial institutions have told you

that you’re not smart enough.

This is too complicated.

You need an expert.

You need one of those fast-talking

Wall Street bankers and
brokers to manage your money,

the money that you go and work
hard for every single day.

They say that you’re not smart enough

to manage your own finances,
your own livelihood,

the future of your
families and your children.

That’s fundamentally, there’s
something wrong with that.

And so we disagree with that statement,

and that’s been what I’ve been all about

for the past 10 years.

I believe that the more
we empower humanity,

the more we advance humanity

and that’s what we’ve been
doing here at London Real.

And so The DeFi Academy
is just a continuation

of giving the freedom back to the people.

That means your free right to choose,

your free right to information,

your free right to do what you want

and put what you want in your body,

and your free right to
manage your own money.

And again, I would say, Nanny, to you,

you’ve been brainwashed,

and that’s a question that
comes from brainwashing

because you’ve been told you’re
not smart enough to do this

and that couldn’t be more wrong.

And that’s where The DeFi
Academy comes into place,

because I will make sure
you get your hands dirty.

And that’s what makes
our academy different

than anything else out there,
is because we take action

and we hold you to be
accountable to that action.

So I’m not gonna be talking about theory,

I’m not gonna be putting up charts

of where it coins trade;

you’re gonna be putting
these transactions on,

you’re gonna be doing
hot and cold storage,

you’re gonna go on Uniswap
and start experimenting,

you’re gonna be doing yield farming,

you’re gonna be joining liquidity pools,

and you’re gonna be forced
to trade the markets.

That’s what we do inside my academies.

That’s why we’ve been massively successful

and people creating award-winning podcasts

and successful businesses and TED talks

because I get you to pull the trigger.

And that’s what makes
our academy different

than anything else on the planet,

that’s why we’ve been more
successful than anyone else,

and that’s why DeFi Academy
is blown up right now

because people, within four weeks,

are gonna get their hands dirty.

And until you’ve traded an instrument,

you will never understand it.

And this has been echoed by
guests like Robert Kiyosaki,

Jim Rickards, people
like that in the past.

They’ve always said the same thing.

Kim Kiyosaki, his wife as well.

She said, put on a trade,

that’s how you really
understand what’s going on,

and that’s what we’ll be
doing inside The DeFi Academy

and I can’t wait.

Some great questions coming in here.

Let me do a couple more.

Chasingmillions on Instagram,
another great name, says,

do you think we are early adopters?

How do I get in your academy?

I’m all in.

Chase, you gotta show me

that you can bring something to the table.

That’s how you get in in my academy.

So go to, D-E-F-I,

and put in the application

and tell me what you bring to the table.

And again, that doesn’t have to be wealth.

That could mean education.

That could mean connections.

That could mean excitement and enthusiasm.

That goes a long way.

An open minds, a will to serve,

a will to give back to others.

That’s what I’m looking for.

I’m looking for the right energy.

So if you wanna be a part of that, great.

Are we early adopters?

Yes, we are.

We still are.

And I think we still have
a limited window here

of where we can be still early adopters.

But we are definitely in DeFi.

Now, you could argue, you might
be late to the crypto game,

and maybe you are, but I’m not interested

in the pure crypto game.

I think that’s quite boring actually.

I’m interested in
building an infrastructure

that we don’t even know what it is yet.

That’s what’s so exciting.

And that’s what I’ve been
doing with digital media

for the past 10 years.

I’ve been tamped 10 years
in this digital media game,

I got two million subscribers on YouTube,

but I still don’t know what this is yet.

I’m still figuring it out.

Because it’s quite complicated,

when you create new technology,

what it actually means to humanity

and I wanna be a part of that with DeFi

and I hope you could be a
part of that as well, Chase.

So go, apply, I might hit
the gong for you today.

I got TommyRKO on Instagram says,

so how would you invest in DeFi?

And again, great question, Tommy.

It’s not simple that answer.

And the problem I’ve found

is there’s no single trusted
source of information,

which is why people are flocking in

to our academy right now,

because they want a group of individuals,

it’s not just me talking,
a group of individuals

to bounce ideas off, to find consensus,

and also to get the information.

And watch this leather chair

over the coming weeks and months.

I’m gonna be sitting down

with some of the experts in the DeFi space

and put them in the leather
chair for a couple hours.

These will be founders of companies,

these will be some of the fund investors,

these will be some of the quant geeks,

some of the developers,

and they’re gonna be walking us through

the cutting edge information

when it comes to this technology.

And of course, DeFi
Academy gets early access

to all of that information

and special direct access to that as well.

So that’s how we’re
going to invest in DeFi.

I hope you’re a part of it, Tommy.

Realcash85 on Instagram
says, Max Keiser, follow him.

And he says, you’re a legend.

Right, and yeah, Max is
a legend, follow him.

We’ve had him on the show so many times.

I mean, we’ve had Max on the
show like six or seven times.

Max used to live in my building.

Max liked me so much he
moved in next door to me.

He had me on his show back in
the day, you can YouTube it.

I know him and Stacy really well.

They’re absolute gems.

And again, when you talk
about early adopters,

I mean, Max has been talking
about Bitcoin since 2011,

and it’s incredible to see

that he was such an early adopter.

Couple other things going on here.

Robert Jaroszuk on Instagram says,

yes, they’ve been lying and stealing

from the future generations
for over a hundred years.

Robert, you’re right.

Our financial institutions
are centralised finance,

has been robbing and lying
to us for hundreds of years.

It’s about time it stops.

So let’s make it stop right
now and let’s invest in DeFi

and really find out what
we really need to know

about our own finances.

So thank you, I appreciate that comment.

A couple more here before
we go to my last part.

I got Dnewmondin on Instagram says,

you are here to go big, Brian.

Thank you for your presence.

And that is why we’re here.

We’re putting everything on
the line here at London Real.

The next 10 years,
everything goes into DeFi

and my DeFi Academy, period.

We are gonna change the game

when it comes to building
the infrastructure

of decentralised finance in the future.

End of, as they say here in the UK.

If you wanna be a part
of this, join us, great.

If you don’t, that’s fine too.

We only have a limited
number of spaces available,

so only the best need apply.

Sumaria on Instagram says,
Brian, you’re the best.

Thank you so much, I
appreciate the support.

Anthony on YouTube says, quote,

the biggest problem I see with DeFi

is the lack of user-friendliness.

It’s very complex and
people won’t adapt as fast

until it’s easier to use.

How and when do we see it
becoming more simplified?

Great question, Anthony.

The truth is it’s happening as we speak.

And the reason I know is this,

is because I’ve been buying
some of these altcoins

and crypto plays for the last few years,

as I’ve spoken to my
good friend Teeka Tiwari,

and I remember going onto these exchanges

that had these horrible user interfaces

and things that I’ve
never heard of since then

in order to buy some of these coins.

Literally, six months
later, I can go to Uniswap,

I can go to 1inch and
nothing happens seamlessly.

The improvements are being made
on a daily and weekly basis.

It’s incredible the speed of
innovation happening here.

It’s absolute incredible.

I’ve literally watched
over the last 12 months.

It’s grown by 88 times by
certain financial metrics

and the user experience and
the technology has also grown.

So I actually think that’s
not an issue anymore.

And now, it’s about adoption,

it’s about creating these
fantastic technologies

like liquidity pools to solve the problems

that we saw in the early days.

I released a clip on
my Instagram recently,

eight years ago, Max Keiser talking about

how there weren’t liquidity
pools on Bitcoin exchanges,

which there was no liquidity,

which meant there was no trading,

which meant there was no growth.

This was something he recognised

that was solved through
innovative developers

inside the DeFi community
with liquidity pools.

Again, incredible.

Something took Wall Street
50 years to innovate

was done in a matter of
months inside the DeFi space.

This is why I’m all in on this space

I couldn’t be more excited for the future.

So great question, I think
it’s happening right now.

Couple more.

Ayesha Calligraphy on Instagram says,

yay, I love Robert Kiyosaki.

He’ll be here 5 p.m., London Time,

live stream from the studio

and we’ll be talking about cryptocurrency

and all things DeFi.

Be there.

We’ve got Lee Candice on Instagram saying,

over and above the course fee,

what would be a reasonable starting fund

if you apply to a role?

I’m wanting to apply, but
wanna be sensible enough

to be informed to have
enough to start to invest.

Lee, it’s a great question.

What you need for the DeFi Academy

is a small amount of funds

so you can basically do test
trades on all these platforms.

So honestly, I think a
couple of hundred bucks

would be enough to where
you can get on there

and get your hands dirty.

When it comes to long-term investing,

that’s a decision that you’re gonna make

and we’re gonna make sure
we make those decisions

when the opportunities arise.

But for the purpose of the four weeks,

it’s about actually
getting your hands dirty

and make sure you know what it feels like

to put these trades on.

And to do that, you don’t
need a lot of money,

but you have to be invested.

It doesn’t work when you’re
doing it theoretically.

Trust me, I’ve gone down that road.

So again, a couple hundred
bucks will be enough

to get you ready for this course.

And most people that are in
this space or have applied

already have that minimum asset base.

Wanted to give a shout out to Daniel,

who’s our newest member
of The DeFi Academy.

Big shout out, Daniel.

That’s who the gong was.

I will post me hitting the
gong on my social accounts

for future people that are joining us.

Just a thing we do here.

And we appreciate everybody doing this.

If you wanna be part of The DeFi Academy,

go now to
and submit your application.

We’ll be closing this soon

and the course starts
very, very soon as well.

All right, last thing I
wanna talk about today

before we finish is I wanna
talk about this concept

of giving financial
freedom back to the people.

That’s what this is all about.

And let’s look at my history.

10 years ago, I started doing this

by democratising information

with my channel London Real on YouTube.

And here’s an old picture of me.

This is in the old studios of London Real.

The brick wall you might’ve
seen me take pictures

with people back in the day.

This is a young Brian,
starting his journey

when it comes to
democratising information.

And again, when I started
YouTube, nobody was on there.

I think you couldn’t even upload videos

longer than 15 minutes.

Instagram didn’t exist.

I didn’t know the future of
what I would be creating.

I didn’t know I would
create a global movement.

I didn’t know I would
empower half a billion people

with the content we would create here.

I didn’t know that I would
graduate 5,000 people

from my academy.

I didn’t know I was gonna
create five documentary films.

I didn’t know we would change
millions of people’s lives

with our content.

But I knew what I was doing,

was the spirit of democratising things,

giving people the freedom to choose,

giving people the information they need

to make their own choices.

And so we did that for 10 years

and I couldn’t be more proud.

I broadcast over a thousand
long-form conversations

with the greatest minds on
the planet, all for free.

You can watch on YouTube,
you can watch on our website,

[01:08:40.00], all for free.

Five documentary films, all for free.

We did this because we wanted
to give this information

to the people and we couldn’t
be more excited about it.

And it changed my life for the better.

It took me in an incredible journey

and an incredible direction.

But that wasn’t enough.

Last year, we found
ourselves on the front lines

of fighting for your right to free speech.

And last year, on April 6th of 2020,

we broadcast the second
largest YouTube live stream

on the planet.

The second largest live
stream on YouTube that day.

Second only to president
Trump’s coronavirus briefing.

And 30 minutes later, that
video was deleted and banned

and we were being censored on YouTube.

And we said, we will
not accept that results.

We do not believe in the
centralised application

when it comes to information.

And so we fought back and said,

we’re gonna keep broadcasting

because the people want this information

and we believe you have
the right to free speech

and also to hear other people’s opinions.

And so we continue to broadcast,

we created our Digital Freedom Platform

and we’ve got a tremendous response

from people in the world.

We raise an incredible amount of money

and we went on in the face of censorship,

in the face of oppression

to pull off the largest
live stream broadcast

of a human conversation in history.

1.1 million live stream viewers.

We did this without the help of any

trillion dollar technology company.

In fact, we did this while
most of those companies

were gunning for us, were
banning us on platforms,

were shutting down our finances,
but we refused to kowtow,

we refuse to bow down,

and fought on for the freedom of speech.

And we went on and broadcast

57 more live episodes on that platform

and invested the money to stream,

invested the money to
keep that platform live.

We were maliciously attacked.

We were vilified in the media.

They shut down everything they could

when it came to London Real,

almost bankrupted our business

and ruined me and my reputation.

But we won in the end

and we couldn’t be more proud
of what we did last year

with the Digital Freedom Platform.

It still lives today.

There’s people on there right now,

hundreds of people on there
right now watching those videos,

because that’s the only place
where you can still find

some of these free speech applications.

And don’t get me started when
it seems a year from now.

Now, all of the things that
we talked about last year

that we were censored for
is now mainstream media

and now are being talked about

by the president of the United
States and mainstream media.

But back then, we were one
of the few people out there

and one of the few broadcasters

that was actually taking on those issues.

And look at the top 10
broadcasters out there,

even in the podcasting space,

none of them were talking about the things

we were talking about last year

because we believed in
your right to free speech.

But it didn’t stop there.

This year, I ran to be
your next mayor of London.

And in January, I was stopped
by the police here in London

and they tried to ban us from campaigning.

They tried to ban our right
for free and fair elections,

to ban democracy.

And this is a picture of me

being stopped by 10 city
of London police officers

that showed up in five police vans.

And they said to me, I
couldn’t even believe it

when I heard it.

They said, Brian, you’re
banned from campaigning.

That’s like someone telling
me I’m banned from thinking

or I’m banned from breathing
or I’m banned from speaking.

It didn’t even comprehend that
that could even be possible.

And we said, no, we fought back.

We issued a letter to every member,

senior member of the
police force here in London

and we got back out on
our digital battle bus

in the face of fear and continued going.

For months afterwards, we were
pulled over by the police,

we were intimidated by
the mayor of London,

we were intimidated by political parties,

but we refuse to bow down

because we believed in
free and fair elections

and your right to choose your next leader.

And so for me, I see
this as a continuation

of that fight for freedom.

We are now fighting for your freedom,

your financial freedom, your
right to no longer be lied to,

to no longer be stolen from

by these centralised
financial institutions.

And again, I worked there.

I know their game.

I know what they do.

And they do it in a way
that does two things.

First of all, it’s nontransparent.

You have no idea what
they’re charging you.

And again, they’re brainwashing you

to trick you into thinking
you’re not smart enough

to take control of your own finances.

That’s like tricking you to say,

you’re not smart enough to be
in tune with your own body,

you’re not smart enough to be
in tune with your own emotions

or your own relationships.

That’s ridiculous.

And so that’s why we now
are giving financial freedom

back to the people.

And again, I couldn’t be more excited.

I’m looking at this space

and my team have decided to
go all in on changing this

and changing the entire dialogue

when it comes to giving the
power back to the people.

I wanna enable billions
of people worldwide

to use financial markets
to improve their lives

and those of their friends, their family,

and their communities.

Literally, there are people out there

that don’t have access to
basic borrowing and lending,

that could be flourishing
in their communities

and provide so much value to the world.

And so I’m incredibly privileged.

The last 10 years, I’ve been lucky enough

to have conversations in this studio

with some of the pioneers
of cryptocurrency

and decentralised finance.

People like Max Keiser,

Rick Falkvinge of the
Pirate Party in Sweden,

John Collison, the Founder of Stripe,

who’s now worth a hundred,
over a hundred billion dollars,

Andreas Antonopoulos, Teeka
Tiwari, and many, many more.

And so I wanna take all of my knowledge

and all of our excitement to
keep fighting for your freedom

and we’re gonna push it
now into the DeFi space

and it’s gonna be embodied
in The DeFi Academy,

these DeFi Real broadcasts

and we wanna take
everything to the next level

and give power back to the people.

That’s our mission, and we
couldn’t be more excited.

And so again, I wanna play for you

a final clip with Andreas

and then go back to your
final questions here.

This is Andreas, and again, back in 2015,

talking about how decentralised finance

will literally empower billions of people

that don’t have basic access to finance,

and another few billion of people

that don’t have more of an
extended access to finance.

And here’s another great clip
from Andreas Antonopoulos.


  • But to me, it all goes back
    to this fundamental question.

We live in a planet with seven
and a half billion people,

and two to four billion people

are completely cutoff from finance,

and almost five to six billion people

are cut off from international finance.

What happens to the world economy

when you bring six
billion new people online,

people who are productive
but disconnected?

What happens to their lives?

What happens to poverty across the world

when you can extend financial services,

opportunity, credits, liquidity?

Like if you’re, even if you’re
in a developed nation today,

where can you invest your money?

Nowhere, there is nothing you
can invest money in today.

The real estate market is a huge bubble.

You can’t buy cars ’cause
that’s a huge bubble.

Student loans are a bubble
in the US now, right?

There are no investment outlets

because nothing is productive.

What about if you were
investing in a billion people

who are in poverty and I
could take a thousand pounds,

split it into a thousand microloans

and join together with a million investors

to fund those microloans,
what happens then,

direct, no banks, no intermediaries,

no overheads, no costs,

direct funding developed
world to developing world,


From my smartphone in Trafalgar Square

to a Kenyan farmer’s text messaging phone,

which they can then use to buy seed

or stock up a small store
or start a sewing business

or buy a scooter and
use it as a taxi service

for rural environment,

that is where Bitcoin’s
possibility really is.

The reason we cannot
extend financial services

to the rest of the world

is not because they don’t have money,

it’s not because they don’t
have productive potential;

it’s because banking, as a
series of brick and mortar,

high overhead, high margin
services, is not scalable.

But banking as an app backed
by a network-based currency

and system of trust scales enormously

and it can be extended
into the most remote areas.


  • And some incredible
    knowledge being dropped

by Andreas Antonopoulos.

Again, I can’t get enough of
listening to his perspectives.

And again, this is six years ago.

Look at the way he’s
talking about empowering

billions of people with DeFi,
microloans, micro-financing,

that could literally change
villages, neighbourhoods,

third world countries, a way
that you could get access

to investing in these markets.

And it’s a great point that he made.

I mean, in many ways,

a lot of the markets we have access to,

stock markets, debt markets, other things,

in many ways, those are saturated.

Why wouldn’t you wanna get
access to a billion new people?

That’s why Columbus came to the New World.

Think about that.

This is a similar thing happening.

Columbus is coming to the New World

and you’re gonna get personal access

to billions of new customers

and provide them with basic services

that can literally change their lives.

This is one of the many things
we’re talking about with DeFi

and I couldn’t be more excited.

All right, last chance for questions here.

First of all, tell me, what
would you like to ask me

about the DeFi space?

Any question you got,
nothing’s off limits.

Next, why do you believe that DeFi

will revolutionise finance

and give financial freedom
back to the people?

Just tell me why.

Third, do you think cryptos go
up or down from here and why?

Fourth, have you invested
in DeFi platforms?

And if so, which ones and why?

And lastly, tell me what
we think of Elon Musk.

Is he good, is he bad?

Is he gonna be a positive
part of this ecosystem

or a negative part?

That’s what I wanna
hear from you right now.

Going back to questions for the last time.

If you haven’t yet asked me a
question, leave one below now.

Even afterwards, leave me one

and I’ll get back to you on the comments.

So we got Choosy101 on Instagram says,

how do I register for The DeFi Academy?

Great question.

Go to, D-E-F-I,

submit your application right now.

I will personally review it
and I’ll give you a yes or no.

But honestly, sell me on your application.

Give me a reason why we should
bring you into this team.

That’s what I need to know.

Limited spaces, we’re starting
this course very soon.

Next, GigaChat on YouTube says,

I think crypto will go up from here

’cause of growing popularity,
in turn more investors.

I have not invested in DeFi.

And yes, what Elon says matters
’cause of his popularity.

If he says buy those, they will buy.

Okay, bunch of stuff in there.

I really think it’s interesting.

Will crypto go up because
of its popularity?

That’s a great point, and
it looks to be the trend.

The question is, can you take the heat?

The volatility is real

and sometimes it’s too hot in the kitchen

and some people need to get out.

So yes, I think a lot of people believe

that in the long run, as
it becomes more popular,

these assets grow in value.

That’s what the trend shows.

But the problem is
there’s so much volatility

that that’s not in
everyone’s risk profile.

And that’s one other thing
I’ll be talking about

in module four on the academy,

is acknowledging your risk profile.

Most investors that I see in crypto

wouldn’t know a risk profile
if it hit ’em in the head,

which means what happens
when a price moves,

you make an emotional decision.

A seasoned, disciplined trader

knows the decision they’re going to make

before the market moves.

And this is a small detail.

We’ll be talking about
more inside the academy

on how to trade the markets.

You already know what to do

when a market moves to a certain place.

That’s how you have discipline

and that makes the difference
between a day trader,

whose fortunes end in tears,

and a long-term investor who
knows exactly what to do.

Couple more things.

What Elon says matter.

I think what he says matters,

but I think it’s gonna
slowly matter less and less.

Because as more people see and
get involved in these markets

and realise the market is
bigger than one person,

hence the name decentralised
finance, right?

If we wanted CeFi, we
would stick with the bank.

We don’t need one person.

This market does not need a spokesman

or one institution or one
platform or one company

or one crypto.

The beauty is it’s decentralised.

That’s what gives it its strength.

Just like the internet, it
doesn’t need one computer,

it doesn’t need one server form,

it doesn’t need one telco company.

It’s decentralised.

That’s what gives it its power.

And so I think we need to
recognise that as well.

But for the short-term, Elon
will have sway on this market.

I don’t know if that’s good
or bad, but it is what it is

and we need to deal with it.

Real HIFI Help on YouTube says,

what’s the difference between
DeFi and other crypto coins?

I’m not an expert.

It’s a great question and
we’ll be going into that deeply

inside the academy.

Quite simply, I’ll go back
to my earlier reference

if you’re really new to this.

If Bitcoin is email,

then DeFi is really the entire internet.

That’s the way we look about it.

So again, I look at crypto
just being one small,

one-dimensional part of
what is an entire ecosystem

that offers you every
single financial service

under the sun you could even dream of,

even financial services

you don’t know that you’re engaging with.

You buy insurance all the time

and you don’t even know you’re buying it,

but it’s sold to you through various means

and contracts that
you’re not even aware of.

I’m talking about taking all
of the financial decisions

and financial risks that you’re subject to

and being in control of those.

That’s what’s most important

and that’s what DeFi brings to the table.

Couple more questions here.

Al Renaldi on YouTube says,
Brian, don’t go CeFi on us.

We need the system to belong to the users.

I agree with you, Al Renaldi.

I don’t wanna go CeFi.

So we’re gonna be trying
to invest in infrastructure

that is decentralised by nature.

And again, let’s make sure we
look out for these players.

There are DeFi players that are
in fact CeFi players, right?

So they’re in disguise.

And we see this when
it comes to your online

banking accounts, right?

Oh, this must be decentralised
finance, it’s online.

No, it’s your centralised
financial institution

giving you online access.

There’s still a gatekeeper there.

We wanna remove those people

to where you can go and
buy and sell your risk

from anyone in the world
through, hopefully,

a piece of technology that we trust.

But again, the system needs
to be trustless by nature.

And next week on DeFi, I’ll
be talking about this concept

of something being trustless.

It sounds like non-trustworthy,

but it’s actually a good
thing to be trustless.

And yes, it’s a great point, Renaldi.

And no, I’m not going
CeFi on you, don’t worry.

Kilbyprom on Instagram
says, thank you, Brian, 10X.

Great, that’s what
we’re trying to do here.

Take your life and your
finances to the next level.

We got Csablini on Instagram saying,

how do we get into DeFi Academy?

I’ll come down to the office and apply.

Great point.

Look, go to, D-E-F-I,

submit your application
right on that top line bar,

watch my entire video,
read the whole piece,

and give us a compelling application.

Again, we’re getting hundreds,

probably thousands of these at this point.

Give us a good reason why
we should bring you in

to this small group of people

and go forward with us in the journey.

I only need good energy, positive energy,

service energy, long-term energy.

I don’t need anything else in there.

So I don’t need day traders,
I don’t need trolls,

I don’t need crypto fanboys or girls.

I need people who really
wanna build infrastructure

for the long-term and add
value to other people.

That’s what I’m looking for.

So jump on in and apply.

We’ve got Ibraham Ali on YouTube says,

hi, Brian, will there
be another opportunity

to sign up for the academy?

Some of us are students,

and it’s gonna take a minute
to put together the entry fee.

At this point, we just
have this plan right now

for The DeFi Academy,

so I don’t know what’s
going on in the future.

Again, I’m looking for
the right group of people

that we can just grow
with in the long-term

and do all the investing
and do all the development

and all that stuff.

So to be continued.

So I can’t answer that question.

We got Courtney M. on YouTube
says, I am just a mom,

but this speaks so much to me.

The, quote, unquote,
application scares me.

I have no financial stock experience,

but building a new
infrastructure for everyone

sounds awesome.

So, Courtney, I appreciate that for you.

Again, you say you’re just a mom,

you’re buying into the brainwashing

that’s been happening by all
the financial institutions

for the past few hundred years.

They have taught you that you are stupid,

which means they can make money from you.

We are rejecting this narrative.

We do not believe that we are stupid.

We think we are much smarter

than anyone gives us the credit.

We have sovereignty over our own bodies,

over our own free speech,

over the consumption of information,

over what goes into our bodies,

and we have sovereignty
over our own finances.

And as soon as the world
wakes up to this, trust me,

the centralised financial
institutions and the banks

and the governments are gonna get worried.

You, as a mother, are
probably more connected

to your finances than other people.

You know what it takes to run a household.

You know what it takes to buy groceries.

You know what it takes to
balance your budget every month.

You know what it takes to invest
in what your children need,

in schools, in their education
to save for their colleges.

You’re probably more
connected to your finances

than your partner perhaps.

But you need to be told you are
and empowered in such a way.

When it comes to decentralised finance,

I wanna give you the option
to really control your money,

to control the risk you’re taking,

to control the insurance that
you’re buying or selling,

to control your financial future.

So, yes, you’re ready.

And again, I don’t mind
newbies coming into my academy

as long as you have the right outlook,

the right energy and the right enthusiasm.

So, Courtney, submit your application,

I’ll go look for it right now, afterwards.

And if I think you have what it takes,

I’ll accept you into the academy

and I’ll hit the gong for
you if you wanna join us.

Couple more.

I got 141dell on Instagram says,

what impact do you feel DeFi will have

on the current UK banking system

with some FinTech organisations

such as Starling and
Monzo stopping customers

from making deposits?

It’s a great point.

I posted a picture of this recently,

I think it was last Saturday,

of a headline in The Telegraph saying

that certain financial
institutions are banning you

from sending your money to
cryptocurrency exchanges.

Imagine, imagine the audacity of that.

Your money, your hard-earned money

that’s being held in custody

and trust by a financial institution.

Now they’re telling you

what you can and can’t do with your money.

If you have an account
in Starling or Monzo,

you should close that account right now.

That is disrespectful.

I can’t imagine of any other
interaction you would have

with an institution where
that would be acceptable.

That’s your money.

And so what we see in a lot
of these FinTech startups

that seem to be power to the people,

and I see this in a lot of
different FinTech startups,

we see what they’re trying to do

is actually centralised
finance in disguise.

And I see this with Starling,
I see this with Monzo,

I see this even with
startups like TransferWise.

They’re centralised finance in disguise.

And some of those very institutions

are actually being more obtrusive,

they’re being more
limiting on your freedoms

than sometimes even the traditional banks,

because they’re no longer innovators

and now they’ve become,

because now they’ve got market share,

and now they’re trying to
take away your very freedoms

and you’re very right.

So be very suspicious

of any of these centralised
financial institutions

trying to purport or
wearing the mask of a DeFi

because it’s not true.

And I think we should be alarmed

when any financial
institution or government

tries to tell you what you can

and cannot do with your own money.

For me, that sets off alarm bells,

just like when people tried to tell me

that I don’t have the
right to free speech,

whether it’s a government
or an institution

or a technology company,

or whether someone says I don’t
have the right to campaign

or free and fair elections in a democracy,

that really rubs me the wrong way.

When someone says I don’t have the right

to spend my money the way I want to,

that’s a big alarm bell and
we should all protest that

and get our money out
of these institutions

as soon as possible.

So that’s what I’m calling for right now.

If your bank doesn’t support
your investments in crypto

and DeFi, get away from that right now.

And that goes for any
other FinTech startup

or centralised finance piece.

I’m saying it right now and
I’m calling out the Starlings,

the Monzos and the
TransferWise’s right now,

get on board and start
giving the power and freedoms

back to your customers

or you can go down and be
anachronisms in the past.

You can be like the coach
and the horse and buggy

and we won’t be using you
any more time in the future

’cause we’ve moved on.

Couple more comments.

We got Coverserialmemes on Instagram says,

hi, Brian, you inspire me.

Thank you so much.

We’re enjoying this here
as usual, we’re having fun.

I got Louis McCain on YouTube says,

I’m glad you’re pushing this, Brian.

It will help a lot of people.

And again, I couldn’t be more happy,

I couldn’t be more excited that
we’re doing this right now.

And I wanna give a shout
out to my man, Renzo Gracie,

legendary black belt
Jiu-Jitsu practitioner

who is watching this right now on YouTube.

He just retweeted the link.

And it’s great to see Renzo.

Renzo’s been on the show,

along with so many other amazing Gracies,

we’ve had Roger Gracie back in the day.

We’ve had Royler Gracie

and we’ve had a bunch of
the Gracie brothers here.

And we appreciate you, Renzo.

And my kids are training
with Roger in London as well,

so big shout out to
Jiu-Jitsu and all the people.

And the truth is this,

many people are now opening
their idea, their eyes,

to the incredible possibilities in DeFi

and the freedoms that it give us.

Most people know that
our technology platforms

are controlling us and lying to us,

our media platforms are
controlling us and lying to us,

our governments are
controlling us and lying to us,

and our banking institutions

are controlling us and
they’re lying to us.

It’s time to give the
power back to the people.

It’s time to take control
of your own finances.

It’s time to get your
financial freedom back.

And that’s what we’re gonna
do inside The DeFi Academy

and I couldn’t be more excited.

Over the upcoming months and years,

I’m gonna be having in-depth conversations

with some of the greatest minds in DeFi

right here in the studio
and we are goin to be a part

of constructing the future of finance

to give people more freedom.

And that’s why we created The DeFi Academy

because we wanna learn and teach

from the best in the business.

And if you join me, I’m
gonna teach you how to profit

from what I’m calling the
greatest dislocation of wealth

in human history.

I’m looking for a small
select group of people

who wanna become part
of and actively partake

in what I’m calling the DeFi revolution.

I’m looking for only serious
individuals with real net worth

who wanna help build this
exciting financial infrastructure

of the future.

I’m looking for partners,
investors, collaborators,

colleagues who wanna join forces with us

and create real value
and generational wealth.

If you’re one of those
people, go apply right now

at, that’s D-E-F-I.

And I wanna be clear, this is
not for everyone else, okay?

The DeFi Academy is not
for crypto day traders.

The DeFi Academy is not for people

looking to get rich quick.

The DeFi Academy is not for
meme coins and forum trolls.

The DeFi Academy is not
for blockchain fanboys

and crypto academics.

I’m not looking for these people at all.

What I’m looking for are
a small group of people

who wanna invest in themselves long-term

and invest in this incredible
technology and movement.

I’m looking for people that
are ready to pull the trigger,

who are willing to get into the arena,

whose faces are gonna be marred
by dust and sweat and blood.

But in the end, these
people are gonna know

great enthusiasms, great
devotions, and great successes.

To be clear, this is not
a get rich quick scheme

and I am not promising overnight gains.

Instead, my team and I
are gonna be building

and investing in crucial parts

of the DeFi financial
infrastructure for the future.

Sure, there’s gonna be some incredible

investment opportunities, but
there also will be great risk.

Those go hand in hand.

And anybody telling you
differently is lying.

Only those taking a long-term
perspective need apply.

So again, I plan on dedicating
the next 10 years of my life

to DeFi and all of the
financial infrastructure.

And if you wanna join my
elite team, now is your time.

Our first live course
is The DeFi Accelerator.

It’s the keys to unlock a
$9 trillion marketplace.

It consists of four
weeks and four modules.

It’s by invitation only,
based on your application.

Again, go to

if you wanna be a part of this.

And again, be a part of the
greatest dislocation of wealth

in human history.

And just to be clear to you,

I’m doing this for three reasons.

Firstly, the insights and perspectives

I’m gonna be giving you are
going to be extremely valuable.

You can’t find these
anywhere else in the world

because I bring my
experience through finance,

through broadcasting and through
all things cryptocurrency.

Second, I want this group to be small

so I can give as much of my personal time

to every single individual.

And third, I only want those
with a long-term perspective

and real financial resources.

And again, just to be clear,

the syllabus of The DeFi Accelerator

is gonna be broken down into
four modules over four weeks.

And let me tell you what they are.

Week one is DeFi explained.

It’s decoding the history
of this complex marketplace.

This is so important.

From Bitcoin creation back in 2009

all the way to Ethereum
2.0 being released in 2021.

How did we get here?

And why does this phenomenon represent

the biggest dislocation of
wealth in human history?

Only by understanding our history

are we in a position
to predict the future.

So we’re gonna start learning
the evolution of DeFi

and we’re going all the way
back to Bitcoin creation in ’09,

Ethereum creation in ’15, the launcher of,

the launch of Maker and
smart contract evolution.

We’re gonna be talking about
EtherDelta, the first DEX.

We’re gonna be talking about
the ICO boom and bust of 2017.

We all remember that.

A lot of people made
and lost a lot of money.

We’re gonna talk about the creation

of the user to contract model,

a big innovation when it comes to DeFi.

We’re gonna talk about Uniswap

and the creation of liquidity pools.

We’re gonna talk about Synthetix

and a lot of these exotic options.

We’re gonna talk about Black Thursday,

that’s March 12, 2020, and
that we learned from the days

and the events of what happened there.

We’re gonna talk about
compound liquidity mining.

We’re gonna talk about the DeFi summer.

We’re gonna talk about Yearn

and the emergence of yield farming.

And we’re gonna talk about the future.

That’s Ethereum 2.0 and more.

And again, I’m gonna breakdown
my understanding of DeFi

and my 30 years of experience
in the financial markets,

and that’s 15 years actually
working in centralised finance.

That puts us in a great
position for week two.

And this is getting into the
arena and placing your bets.

Again, action, action, action

is what we promote here
inside The DeFi Academy.

And I’m gonna show you how to
efficiently buy your Bitcoin,

your Ethereum, your dai, your
stablecoins and your altcoins.

I’m gonna show you how to
bulletproof and understand

your hot and cold storage
systems and wallets.

I’m gonna show you how to
understand centralised exchanges

and decentralised exchanges and
which marketplace suits you.

I wanna have you execute your first swap

across multiple platforms.

Again, the only way to
understand this technology

is to get your hands dirty
and pull the trigger.

And we’re gonna be doing
that on a limited means basis

in order for you to get familiar

with what’s going on out there.

Now, this gets us ready for
the second half of the course,

which starts in week three.

And this is going deeper into
DEXs ,dApps, yield farming,

and complex instruments.

And here, we’re gonna show
you how to finance your coins.

This is yield farming basics.

Next, it’s gonna be complex
money markets explained.

Then we’re gonna start to
understand liquidity pools,

smart contracts and insurance.

And then we’re gonna get into
the fun stuff, derivatives,

the exciting future of DeFi.

I’m gonna talk about synthetic stocks,

synthetic commodities,

and how to price and
trade options in DeFi.

I was talking about this earlier

with the call and put options,

the volume, the volatility on Bitcoin.

So much information is
involved in these contracts

and you can actually pull out information

from the prices of these options

and then apply them to the stock markets,

in the futures markets.

It’s very exciting and we’ll
be talking about it week three.

Finally, I’m gonna wrap it up in week four

and I’m gonna show you how
to bet on the future of DeFi

to position your portfolio
for the 22nd century.

And this is all about the fundamentals

that no one’s teaching.

This is how to manage risk.

This is a game of
controlling your emotions.

This is how to place asymmetrical trades

for long-term gains.

This is how to manage
a portfolio of assets.

This is how to set up and
understand stop/loss orders.

This is how to continually
educate yourself

on new market phenomenon
because the best is yet to come.

And I made allusions to this earlier.

This is an emotional game.

You have to have discipline
to get through this.

If you cannot control your mind,

you will be able to control
nothing about your life.

And that happens exponentially

when it comes to the financial markets.

There’s a great quote in “Wall Street”

where Gordon Gekko tells Bud Fox,

never get emotional about stock.

Now, strangely enough, Bud
Fox uses the same quote

back to Gordon Gekko towards
the end of the movie.

When Blue Star Airlines
is going into the toilet,

and he says, “Gordon, you once told me,

never get emotional about stock, don’t.”

And Gordon does get emotional about stock.

So it shows you even the
most seasoned professionals

sometime need help

in having someone check their discipline.

And we’ll be talking about

the discipline of trading markets.

It is a long-term skill
that you need to have

if you’re gonna be involved here

and it’s gonna help you in
all aspects of your life.

Lastly, if you graduate
from The DeFi Accelerator,

then you will be qualified to join me

in a very special group called
The DeFi Investment Wizards.

And again, this is only
for graduating members,

so you have to be accepted
to and graduate from

The DeFi Accelerator to join me.

And again, this is a group
that pools our resources

and information from the
top players in the business.

These are the movers, the shakers,

these are the people that
know what’s gonna happen next.

This is where the real
opportunities are gonna be found

and where our big
infrastructure investments

are gonna be featured
for the next 10 years.

So again, you cannot get access
to the investment wizards

unless you graduate from the accelerator

and that’s where, honestly,

the long-term exciting
plays are gonna happen.

So just to conclude.

For the accelerator,

you get eight hours of live calls with me.

That’s incredible.

You get personal coaching
with all of my experience

over those live calls.

You get exclusive access to
our online elearning platform

with all the videos, all the workbooks,

all the background information,

all the never before seen content

that’s just not available publicly

that I’m gonna be giving you access to.

Next, you’re gonna get

my triple-tiered accountability system

that I have used to
graduate over 5,000 people

over the last six and a half years.

This is high touch point.

This makes sure that you do the work

and you have to show me you do the work.

By the way, I’ve already put together

a whole system of team
leaders, community managers.

Again, graduates of my academy

will know we are high touch point,

we are high action, we are
high accountability, all right?

There’s no place to hide in this academy.

You come there, you do the
work, you get the experience.

It’s an incredible, incredible way

of learning and interacting.

You get dedicated coaches, team leaders,

and community managers.

As I said, they work with
you every single day.

We have a private Facebook
group for posting assignments,

getting feedback and
exchanging information.

That’s already kicking off
with the people in there

with their introduction
videos, it’s amazing.

The network there is worth
the price of the course alone.

And again, limited number
of spaces available.

At this rate, we’re probably gonna close

this thing down very shortly.

It’s an application only basis.

If you wanna go there,
go to

This is an investment
opportunity for your future.

This is easily worth $10,000,
probably worth $25,000.

We are discounting this
for the early adopters

and the founding people right now

for a very, very, too low price
in my opinion of a $2,497.

So again, that’s what we’re doing.

And there’s no payment plans or anything.

I want people that are in and
dedicated and recognise this

that this is easily worth
10 times that price.

So again, only serious
long-term players need apply.

And again, sell me on that application.

If you go to,

you’ll see this form up here.

All I need is your first
name, your last name,

your email, your phone number,

and then 50 characters
plus of your application.

Again, sell me, tell me
why I should choose you.

Again, you might bring
different things to the table.

You might bring infrastructure,
experience, education,

enthusiasm, whatever it is,

but sell me on why you should
be a part of my academy.

And I’ll bring you in
and I’ll hit the gong

and announce to the world
that you are gonna be a part

of this incredible, incredible movement.

So again, thank you so much
for tuning in to this platform.

I hope you’ve gotten
something out of this.

Please share this video
with lots of people.

Please leave me comments below.

I’ll answer them after the fact.

And now, I got one question to ask you.

What are you gonna do?

There’s a favourite scene I have

from the movie “Wall Street,”

where Bud Fox is about to walk
into Gordon Gekko’s office.

And he’s been waiting in the
waiting room for a few hours

and he adjusts his tie in the mirror,

and Gekko’s secretary, Natalie
is about to show him in.

He had to bring a box of Cuban cigars

just to get the meeting.

He had called Gekko a
hundred days in a row

just to make this happen.

And now he finally has this
chance to walk into the office.

And he looks in the mirror,
and you can take the slide off.

And he looks in the mirror
and he looks at himself

and he says, life all comes
down to a few moments.

This is one of them.

And it meant this.

Whatever he said to Gekko
in the next five minutes

were gonna change the course of his life.

And it’s true.

He had to go in there and
make the right decision.

And I would say, you’re in a
similar situation right now.

Maybe you didn’t send me
a box of Cohiba cigars,

maybe you didn’t call me
a hundred days in a row,

maybe it didn’t come here
and speak with Natalie,

my secretary, but now you’ve got a chance.

Life all comes down to a few moments.

You have a chance now to join me

on this incredible adventure
for the next 10 years.

It will change your life,

the lives of your children
and grandchildren,

maybe the life of billions
of people on this planet.

What are you gonna do?

What’s the choice that
you’re going to make?

You might not get another
opportunity like this.

There’s only a few of these in your life.

I believe this is one of those right now.

I’ve made my choice.

I’m all in on DeFi.

What are you gonna do?

Because you’re not gonna
get this choice again.

So this is your moment.

Will you seize this opportunity

and create the financial
infrastructure of the future?

Will you build the generational
wealth for yourself

and your family that
you’ve been struggling with

or will you let this
moment pass and let it go?

That’s my question.

And so again, I encourage
you right now to apply,

go to

It’ll take you two minutes.

Give me a good application.

Really put something in
there that’s gonna wow me,

knock my socks off,
which are orange today,

and really show us that
you wanna be a part

of this movement.

And if you get accepted,

if you get that incredible email

that I showed you a screenshot

that only a handful of people have got,

if you get one of those,

pull the trigger as fast
as you can, join us,

put in that introduction video

and I will see you on the first live call.

We’re gonna go on an
incredible adventure together.

It’s going to be absolutely awesome

and I can’t wait to get started.

So thank you all for being
here, I appreciate this.

If this has resonated with
you, please share this video.

Please tell your friends about this,

leave me a comment, like the video,

come to my social platforms, follow them,

obviously come to The DeFi Academy

and submit your application,

and go out there and
start educating yourself

about the financial future.

This is what we need
to do to move forward.

This is so important.

Fight for your financial freedom.

You’ve been lied to your whole life,

the banks, the governments,
the institutions.

They’ve convinced you
that you’re too ignorant,

you’re too stupid, you’re not smart enough

to control your own money.

That’s ridiculous.

Let’s tell them that that time is over.

Let’s fight back for
your financial freedom,

just like we fought for your free speech,

your right to vote, your
sovereignty over your own body

these are things that we’ve stand for

and we’ve been standing
for for the past 10 years

and we’re gonna keep fighting.

So thank you so much.

Let’s move forward, let’s work together.

It’s all about decentralised finance.

Let’s make this happen.

And I look forward to seeing
you on that first live call.

Thank you so much.

We’ll see you next week
on DeFi Real, take care.