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Hey, everybody, Welcome into the
Thinking Crypto podcast. You're home for cryptocurrency

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news and interviews. I'm your host, Tony Edward. On your way in.

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Please hit that subsprib button as well
as the thumbs up button and leave

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a comment below. If you're listening
on a podcast platform such as Spotify or

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Apple, please leave a five star
rating and review. Folks. Elizabeth Warren's

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anti crypto army continues to lose.
They're dropping like flies. We saw a

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preview of this on Super Tuesday where
some candidates who align themselves to Elizabeth Warren

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started losing. And the crypto industry
has gone on the offensive politically. They've

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raised an incredible amount of capital,
over one hundred and sixty million dollars,

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and they're taking those funds and supporting
pro crypto candidates and running ads against anti

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crypto candidates. And we know Elizabeth
Warren is the leader of the anti crypto

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army, but they are going to
lose. They are on the wrong side.

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History and disruptive technology always wins.
Go back and look throughout the history

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of civilization. So who lost who
in the anti crypto army loss this week?

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Jamal Bowman and here Dan Spoller of
the Blockchain Association highlighted the following.

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He said, Jamal Bawman, one
of the most anti crypto members of Congress,

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was soundly defeated in New York's Democrat
primary and his track record, Jamal's

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track record is he voted against the
anti CBDC bill, voted against Fit twenty

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one, voted against overturning the SAB
one two one from the SEC. He's

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a top ally of Elizabeth Warren and
he's anti bitcoy. This guy has no

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self awareness. I mean, even
his Democrat colleagues are smarter than him,

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because they joined their Republican colleagues to
pass Fit twenty one in the House and

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to repeal SAB one to one not
only in the House but in the Senate.

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So this guy is an Elizabeth Warren
crony. He's a brown noser for

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sure. I mean, just look
at his track record, right. Well,

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who did he lose to, Well, he lost to congressional candidates George

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Latimer. So big win for crypto
here, guys, and a big loss

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for Elizabeth Warren. Now Fox Business
Eleanor Turrata Fox Business did a great write

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up where she highlighted this and also
highlighted another key victory, which was in

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Utah Representative John Curtis secured the Republican
nomination for the open seed of outgoing Senator

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Mitt Romney. Now, John Curtis
is pro crypto. I'll give you an

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example. On Bitcoin Pizza Day in
back in May of this year, he

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tweeted out about the guy who bought
pizza with bigcoin, and he says,

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while the value has skyrocketed, crypto
has become a significant part of our economy,

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especially here in Utah where Overstock was
one of the first companies to accept

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crypto payments. So he gets it. He's pro crypto. Big win guys,

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two major wins, and I think
this trend will continue. That doesn't

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mean every pro candidate is going to
win every election, obviously that's not possible,

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right. I do think a good
amount of them will win. But

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it shows that we have momentum,
We've got capital, and people are waking

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up to this nonsense that Elizabeth Warren
is doing and with her gimp on a

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leash. Gary Genser here far your
shares out of Coinbase tweeted at Representative John

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Curtis, saying huge congratulations to pro
crypto Senate candidate John Curtis on a big

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win last night in the Republican primary
in Utah. Folks, we are winning.

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And of course, like I said, disruptive technology always wins. And

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Elizabeth Warren and her cronies can throw
up hurdles and slow us down a bit,

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but they can't stop it. The
genies out of the bottle, there's

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no putting it back in. And
like I said, disruptive technology always wins.

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Go look throughout history, doesn't matter
what it is. It may take

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time, but it will win.
Now moving ahead, this news was circulating

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today the US government has sent nine
and forty bitcoin worth two hundred and forty

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one million dollars to coinbase, and
the questions came up, are they about

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to dump this bitcoin or are they
moving it to coin based custody. Most

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likely they're dumping it, but this
is not a significant amount of bitcoin.

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It will most likely get sucked up
by black Rock micro Strategy and many of

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the Wall streeters who are launching ETFs. Here. Scott Melker gave some additional

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insights. He says the government has
been selling bitcoin in batches since they first

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seized it, and they sold around
thirteen billion dollars worth, So some of

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this is the silk road bitcoin and
much more. He says. This potential

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sale follows a broader trend of government
bitcoin liquidations, including Germany's recent one hundred

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and seventy million dollars sale from its
two point eight billion dollar reserve of seize

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bitcoin. Again, nothing major.
They're doing it in batches that they're not

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like moving the market significantly, and
I would rather they do it now because

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it will help us the bottom out
and then we're going to continue moving up

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in the bullmarket of course, So
it is what it is. Now.

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Some huge news coming out from Mike
novagrats billionaire Mike Nover, who is a

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Wall Street guy now in crypto.
His firm, Galaxy Digital, has formed

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an amazing partnership with State Street.
These are two powerhouses here. The announcement

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is Galaxy and State Street are collaborating
to bring investors the next generation of digital

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asset based strategies that will offer exposure
to companies involved in the digital asset space,

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going beyond cryptocurrencies and bitcoin. Mike
tweet it out, We're excited to

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be joining forces with State Street to
offer investors access to the two point four

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trillion dollar digital asset ecosystem through manager
directed strategies, expanding investment options beyond pure

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spot Bitcoin is where we see the
next level of growth for the ecosystem.

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Guys. This is why I'm still
bullish. We're still relatively early. The

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infrastructure is still being set up for
these massive institutions. We still don't have

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full crypto regulations yet in the United
States, so that tells you where we're

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at. Once we get that legislation
through, guys, you're going to see

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more of these type of activities coming
in mergers, acquisitions, partnership, global

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expansion, and much more. There's
a lot of capital on the sidelines that

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want to come in. Some of
it is starting to come and be the

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ETF. So I hope you guys
saw what happened when the big one ETF

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went live, right the inflows billions
of dollars. And just imagine when we

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have full clarity and there's no if
stands or bots or looking over your shoulder

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and worrying about regulators, people are
going to pour in a ton of capital

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into this ecosystem. And that's why
I've been telling you guys, I'm not

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only excited for this bull market,
but for the twenty twenty eight to twenty

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thirty bull market. Right, I
told you my strategy taking profits this cycle,

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reinvesting some of it, and buying
the bear market dips for the next

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bull market. So I'm looking from
the macro guys. I'm trying to make

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as much as possible because eventually you
won't be able to make these type of

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returns. Right. The asset class
will grow, there will be more people

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involved in building, and the returns
each bull market cycles are going to see

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a reduction. And that's normal because
more liquidity, more people coming in.

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Right, But if you are here
early, if you're early to any technology,

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just look at what happened at the
dot com boom in the nineties.

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If you're early to Amazon and Google, right, if you're early to Facebook

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and all these things, you did
well. Well. Crypto's like stocks on

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steroids because nothing moves like it,
and if you're early here, you can

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make some significant returns. Now,
moving ahead, Apparently Cardono ran into some

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issues where they were the target of
a DDoS attack, but it was a

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failed attack, so just heads up
here, there's not too much to share.

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But there was some fud apparently by
coinness and Charles Hoskinson called it out,

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but just heads up, this attack
was an attempt to steal staked tokens

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with no significant impact on the network's
operation. Now, Coinbase came out today

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and said, hey, we're not
going to execute the migration of the Fetch

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token and with the merge of Ocean
and Singularity. I've been telling you guys

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about this merge, it will be
the ASI token. I actually had interviewed

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some folks in Fetchai about a month
ago, and I'm bullish on Fetch and

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this is one of the reasons why. But coinbase is saying you're going to

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have to manually do this, and
they said the timeline. Phase one Ocean

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migrates to FET on July first,
twenty twenty four. Phase two ASI will

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launch and FET will merge into ASI
in mid to late July twenty twenty four.

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Once the migration has launched, users
will be able to migrate their Ocean

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and FAT to ASI using a self
custodial wallet such as coinbas wallet. The

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ASI token merger will be compatible with
all major software wallets. So just fyi

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on that I need to do some
research here to prep for this, because

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I have the fat token of course, and see what the next steps are

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here for me and I'll let you
guys know as well. Now, Coinbase

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also highlighted that they have enabled send
and received support for USDC on Algoram.

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And we see Circle is expanding USDC
to multiple blockchains, which super smart.

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You have interoperability on all the top
blockchains. And today I actually interviewed Jeremy

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a Layer of Circle. He's the
co founder and CEO. I'll publish that

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interview on Monday. You don't want
to miss it. We talk about everything,

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guys related to stable coins, regulations, tether, you know, his

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vision for the future of USDC and
stable coin usage and ripples upcoming stable coin.

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We talk about a lot of things. To make sure you're subscribe,

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You got a notification bell enable you're
subscribed to our free newsletter and so forth.

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Now heads up. Crypto firm Abra
settles with state regulators over not licensing

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its mobile app. So Abra,
you know, has been going through a

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cleanup after they had some issues from
the last bear market cycle. The settlement,

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which also names its CEO William Barheight
so Bill Barrheight, requires Abra to

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stop making buying, selling or trading
crypto to us ABRA Trade customers and requires

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the firm to return eighty two million
dollars in virtual assets to customers. A

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group of state regulators investing gated abroin
found that the firm operated a mobile application

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for buying, selling, trading,
and investating crypto and didn't get the required

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licensing. So looks like this is
going to be cleaned up and they're going

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to move on with their business.
Just heads up on that, guys.

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Now. A great place you can
buy your crypto is on Uphold. Uphold

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is a top exchange I've been using
for years, and I've interviewed the CEO.

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I can vouch you this platform.
You can buy Bigcoe and all the

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top all coins. They have two
hundred and sixty plus cryptocurrencies. They're available

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in over one hundred and fifty countries. They support a lot of fair currencies.

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You can also trade precious metals like
goldsiver, poladium, and platinum.

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So if you'd like to learn more
about Uphold, check out the linkin and

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00:10:37.279 --> 00:10:39.320
description. Also, folks, don't
forget to grab a copy of my book

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Rethinking Crypto and Amazon link will be
in the description. Grab a copy to

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support the podcast. Buy a couple
copies for your friends and family who want

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00:10:46.840 --> 00:10:50.919
to learn about crypto, and if
you bought a copy already, please leave

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00:10:50.120 --> 00:10:54.519
a rating and review on Amazon.
It would really support me. Guys,

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thank you so much for listening and
watching, and I'll talk to you all

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later. Tak tasks task to talk
Tak Talk t

