Speaker 1: Get ready. The FED is going to start quantitative easing
Speaker 1: tomorrow and JP Morgan launches a tokenized commercial paper on
Speaker 1: the Salona blockchain. This is huge news and there may
Speaker 1: be some hiccups and problems with the Clarity Act. I'll
Speaker 1: give you the details and what's happening. Let's get into it. Hey, everybody,
Speaker 1: welcome into the Thinking Crypto Podcasts. You're home for cryptocurrency
Speaker 1: news and interviews. I'm your host, Tony Edward. On your
Speaker 1: way in. Please let that subscribe button as well as
Speaker 1: a thumbsup button and leave a comment below. If you're
Speaker 1: listening on a podcast platform such as Spotify or Apple,
Speaker 1: please leave a five star rating and review. Folks. Tomorrow,
Speaker 1: December twelve, the FED will officially kick off quantitative easing,
Speaker 1: so we're gonna look at what the impact is on
Speaker 1: the market. Don't expect anything to happen on the charts tomorrow,
Speaker 1: but rather it's the start of the money printing cycle
Speaker 1: and we could start to see in the week's coming
Speaker 1: the liquidity is starting to hit the markets and much
Speaker 1: more so. We covered this in yesterday's podcast, and we
Speaker 1: know they're going to buy forty billion dollars in treasury
Speaker 1: bills over the next thirty days. So again it's the
Speaker 1: start which is very positive and let's see what the
Speaker 1: impact is. We're going to have to be very patient here,
Speaker 1: but this is pretty historic. Remember the last time that
Speaker 1: the Fed ended quantitative easing and went into quantitative tightening,
Speaker 1: that was in November of twenty twenty one, and that
Speaker 1: is when the bear market started. Now the opposite is
Speaker 1: happening here. Although you have some people are saying the
Speaker 1: market has topped out, I personally don't think it has.
Speaker 1: But we are moving from quantitative tightening to quantitative easing,
Speaker 1: more liquidity, which should be very great for risk assets. Now, folks,
Speaker 1: look at this news. This is incredibly bullish. So coinbase
Speaker 1: Institutional tweeted dot wall Street is putting the blockchain to
Speaker 1: work in capital markets. Today, JP Morgan arranged a US
Speaker 1: commercial paper issuance for Galaxy Digital on Salana, one of
Speaker 1: the first debt securities issued on a public blockchain in
Speaker 1: the US with tokenization USDC, stable con rails and custody
Speaker 1: powered by coinbases crypto as a service platform. This is
Speaker 1: incredible news on multiple fronts. First, huge capitulation by the
Speaker 1: King of the Fiat world and that is JP Morgan.
Speaker 1: We've seen their CEO, Jamie Diamond bash and criticized crypto
Speaker 1: for years. Now they have fully capitulated. They tried to
Speaker 1: create their own private blockchain, but no one wanted to
Speaker 1: use that because it was another wall garden. Why would
Speaker 1: I trust your centralized blockchain? Now JP Morgan is forced
Speaker 1: to use public blockchains because that's where the liquidity is
Speaker 1: and that's where a lot of the transactions and settlements
Speaker 1: are happening, and where you have decentralization that folks can
Speaker 1: trust what you're building. So this is incredible, folks, This
Speaker 1: is a landmark moment and I hope you recognize the
Speaker 1: significance of this. And we saw JP Morgan was doing
Speaker 1: some trial and error testing with base, which is Coinbase's
Speaker 1: etherorem layer two, and they've of course launch crypto trading
Speaker 1: and much more. In addition, Coinbase, you know, their crypto
Speaker 1: as a service platform is getting huge adoption. Just a
Speaker 1: couple of days ago I reported about P and C
Speaker 1: Bank launching bitcoin trading using coinbased as services, and we
Speaker 1: know City Bank is also partnered with coinbase, so all
Speaker 1: the major banks getting involved in crypto. More on rams
Speaker 1: being established here more tokenization and use of the technology.
Speaker 1: Very very bullish and on JP Morgan's website they put
Speaker 1: out a full press release about it. So how things
Speaker 1: have changed here Here's what the headline is on their website.
Speaker 1: JP Morgan arranges landmark US commercial paper issuance on the
Speaker 1: Solana public blockchain for Galaxy Digital Holdings. Incredible news, folks,
Speaker 1: and as you all know, game theory will play out here.
Speaker 1: No bank wants to get left behind. All the other
Speaker 1: banks will follow suit. So incredibly bullish news. Now on
Speaker 1: the topic of Coinbase and Solana, Coinbase will enable decentralized
Speaker 1: exchange trading for all Solana tokens, no list things needed.
Speaker 1: This is a smart move by Coinbase. They're going to
Speaker 1: allow all those Solana based tokens right, whether it be
Speaker 1: meme coins or whatever, to be launched inter decentralized exchange
Speaker 1: trading wallet and platform. So that's not the centralized aspect
Speaker 1: where it's more strict, you know, as far as listening,
Speaker 1: So the decentralized exchange part makes sense. So this is amazing.
Speaker 1: We are seeing incredible progress being made here. Now here's
Speaker 1: some more details about this news. Andrew Allen coinbased protocol specialists.
Speaker 1: He posted on x about this news and he said,
Speaker 1: for issuers and builders, if your token has sufficient liquidity,
Speaker 1: this means you can be accessible to millions of users
Speaker 1: on Coinbase without getting listed. So they're doing a bit
Speaker 1: of this with Base, so it makes sense for them
Speaker 1: to do it with Solana. It's a very easy model
Speaker 1: to just move over. And I think you know, Coinbase
Speaker 1: recognizes that this success pump dot fun is having, so
Speaker 1: they're building a version of that. Not necessarily that they're
Speaker 1: targeting meme coins, but rather anybody that wants to build
Speaker 1: on Solana, you can go ahead and do it, and
Speaker 1: you have liquidity and you know they can trade on there.
Speaker 1: So this is really really great news, folks, amazing stuff. Okay,
Speaker 1: moving ahead, we got more big news out of the CFTC.
Speaker 1: So they have announced today they are withdrawing the outdated
Speaker 1: and overly complex guidance that penalizes the bitcoin and crypto industry.
Speaker 1: So acting Chair Caroline fam continues to do an amazing job.
Speaker 1: You know, yesterday we talked about them approving crypto and
Speaker 1: as collateral for derivatives trading and much more so, huge
Speaker 1: progress here and on the SEC front, SEC Chair Paul
Speaker 1: Atkins tweeted out, our Crypto Task Force will host a
Speaker 1: roundtable on Monday, December fifteenth, so that's next week on
Speaker 1: policy matters related to financial surveillance and privacy. The event
Speaker 1: will be in person and livestream on the SEC dot gov.
Speaker 1: We hope you'll join us. So let's see what comes
Speaker 1: out of this roundtable. Privacy is a big factor for
Speaker 1: the industry. We've seen, you know, things like z cash
Speaker 1: start to move. We saw a circle is building a
Speaker 1: private version of USDC. They're stable coined, and you know
Speaker 1: a lot of institutions they're looking to build privacy layers
Speaker 1: because they don't want all their information out there in
Speaker 1: the market. Of course, so this this should be a
Speaker 1: pretty good roundtable. And the SEC has approved the DTCC
Speaker 1: plan to tokenize stocks, bonds, and treasuries. So the tokenization
Speaker 1: race is heating up here, folks. We've been talking about
Speaker 1: it for years. The token economy, that's where we're headed to.
Speaker 1: And we're going to see the markets, the governments, and
Speaker 1: the economies all running on blockchain rails. So whether that
Speaker 1: be for payments, transactions, all the assets will be on
Speaker 1: the blockchain, folks. Now, this episode is brought to you
Speaker 1: by v chain, which is one of the top Layer
Speaker 1: one enterprise blockchains in the industry that's getting massive adoption.
Speaker 1: Folks are tokenizing on v chain, They're building Web three
Speaker 1: applications and much more so. They have five million plus users,
Speaker 1: three hundred and fifty applications, build four hundred and eighty
Speaker 1: six thousand weekly sustainable actions, and they have been around
Speaker 1: since twenty fifteen. They're partner with Dana White and the UFC.
Speaker 1: Dana White just this year said he bought a million
Speaker 1: dollars in VET token and I'm a VET token holder,
Speaker 1: I have been since twenty eighteen, so I'm very bullished
Speaker 1: on this project. And they're working with a lot of
Speaker 1: different brands and companies, folks like Boston Consulting Group, BMW, PwC, Walmart,
Speaker 1: China and much more. Some of the great features of
Speaker 1: the v chain blockchain includes it's scalable, secure, fast, compliant,
Speaker 1: and purpose led. So again doing some amazing things. And
Speaker 1: recently they went live with their Hyabusa upgrade and also
Speaker 1: Stargate two point zero, so the steaking you can do
Speaker 1: steaking via Stargate, So if you are a VET token holder,
Speaker 1: this is something to check out. And they're making a
Speaker 1: lot of progrests. I hope to have their CEO, Sonny
Speaker 1: Lou back on the podcast again to talk about all
Speaker 1: these great things. So they said, here delivering the full
Speaker 1: staking experience. Stargate two point zero is fully integrated with
Speaker 1: Hyabusa and unleashes a new era of tokenomics slash rewards
Speaker 1: for v chain and the vet token. So this is
Speaker 1: really great. So if you'd like to learn more about
Speaker 1: Vacha and go to vchain dot org. Link will be
Speaker 1: in the description. Now, folks, It's been a very busy
Speaker 1: week for crypto legislation, especially around the Claritiac and even meetings.
Speaker 1: So first up, Eleanor Tarrett reported it's a pack day
Speaker 1: for crypto policies. Senators are expected to hold a bipartisan
Speaker 1: meeting this morning and that actually happened this morning to
Speaker 1: continue hashing out the market structure negotiations. This afternoon, representatives
Speaker 1: from several leading industry firms will head to the White
Speaker 1: House for a separate market structure meeting, according to an
Speaker 1: email reviewed by Crypto in America, and later, CEOs from
Speaker 1: Bank of America, City Well Spargo will meet with senators
Speaker 1: to discuss curbing interest payments by affiliates of stable coin issuers,
Speaker 1: along with other outstanding issues. So the banks, we've been
Speaker 1: talking about it for a while, are trying to kill
Speaker 1: certain aspects of crypto. Right. We saw Citadel Security send
Speaker 1: a letter to the SEC about DFI. We know the
Speaker 1: banks don't like that you're earning higher interest and yield
Speaker 1: on your stable coins on crypt platforms than they're giving
Speaker 1: you in their savings and checking account. Right. We know
Speaker 1: for years the banks have been taking a lot of
Speaker 1: that money and giving you nothing, right, zero point zero
Speaker 1: one or some whatever garbage. Right, it's nonsense. So we
Speaker 1: got to fight here. So let's see how the pro
Speaker 1: crypto senators and members of Congress handle this, because the
Speaker 1: banks are trying to lobby hard, really really hard, but
Speaker 1: they've lost the fight. Now there is some controversy around
Speaker 1: the claritiac because there's a version that's floating out there
Speaker 1: that people don't like, and rightfully so, because we know
Speaker 1: Elizabeth Warren and some of these Democrats who are being
Speaker 1: lobbied by the banks are trying to, you know, throw
Speaker 1: some monkey wrenches in there and change up the language. Here.
Speaker 1: James Murphy aka Metal law Man, who have had on
Speaker 1: the podcast many times. Says, too many people in crypto
Speaker 1: have the mindset of I don't care what the rules
Speaker 1: are for crypto. I just want a set of clear
Speaker 1: rules adopted and I will follow them, he says, warning
Speaker 1: the draft market structure bills circulating in Congress right now
Speaker 1: all import the very worst aspects of the Bank Secrecy
Speaker 1: Act into the crypto ecosystem. If we don't fight for
Speaker 1: our privacy rights now, they will never be reclaimed. SEC
Speaker 1: Commissioner Hester person has been warning the crypto communities starting
Speaker 1: about two years ago not to trade away our privacy
Speaker 1: rights in order to get crypto legislation enacted as usual.
Speaker 1: Hester was right, and that is exactly what is about
Speaker 1: to happen if the crypto community does not speak up
Speaker 1: and object now. So some people have been tweeting out things. However,
Speaker 1: Patrick Witt, who took over Bohine's job as the White
Speaker 1: House Crypto Advisor, working with David Sachs, he called out
Speaker 1: some of these things. That the language in these bills
Speaker 1: is in the progress of being addressed, he says, replying
Speaker 1: to Paul Barron here who tweeted out about this well.
Speaker 1: Paul said the following the market structure bill circulating in
Speaker 1: the Senate isn't regulatory clarity. It's the ultimate rug pull.
Speaker 1: He talked about Elizabeth Warren's language being inserted and that
Speaker 1: Senator Tim Scott and Lummis are effectively handing the future
Speaker 1: over to her to put these nonsense things in there,
Speaker 1: but Patrick Witt said this is entirely false. The White House,
Speaker 1: Senator Tim Scott and Senator Lummis are in lockstep on
Speaker 1: the knee to protect software developers and DeFi the message
Speaker 1: which conveyed to the Senate Democrats on the Hill this
Speaker 1: morning and again at the White House with the industry
Speaker 1: this afternoon. So we got to watch this very carefully,
Speaker 1: right because again the banks are lobbying Elizabeth Warren, even
Speaker 1: though she's not as vocal, she's working behind the scenes.
Speaker 1: And again this goes back to the gainst their days.
Speaker 1: She was the one doing it. Wasn't Biden. Biden. You
Speaker 1: can't say Biden was you know, this old man not
Speaker 1: making not doing things autopen. But yet he's leading the
Speaker 1: charge against crypt I keep telling you, guys, I spoke
Speaker 1: to many people in DC. Elizabeth Warren had that top
Speaker 1: financial services seat. Yes, Biden gave it to her. But
Speaker 1: Biden wasn't waking up saying, hey, go attack Crypto. It
Speaker 1: was Elizabeth Warren getting her paychecks from those banks. And
Speaker 1: then you know, same thing with Gary against her dog
Speaker 1: on the leash, and they were doing all the nonsense
Speaker 1: right on lawful activities and much more so, she's not stopping.
Speaker 1: Remember she's getting those paychecks and those banks, folks. So
Speaker 1: we got to see what happens here and keep a
Speaker 1: close eye make sure the right things are done. I
Speaker 1: do have confidence in Patrick, I should say, Patrick Witt,
Speaker 1: and David Sachs, Senator Tim Scott, and Senator Lummus that
Speaker 1: they can get this done. And look, the industry is
Speaker 1: getting ready for the midterm election. So anybody who tries to,
Speaker 1: you know, run alongside Elizabeth Warren they're going to get
Speaker 1: their asses handed to them again because the money will
Speaker 1: be spent. But again, we got to be vigilant here
Speaker 1: and see how this plays out. Now there's some more
Speaker 1: controversy around another bill, the CBDC ban. So GOP hardliners
Speaker 1: vexed as Defense bill advances with help the CBDC ban.
Speaker 1: So this CBDC band was supposed to go in this bill.
Speaker 1: So that's not good. A group of Republicans has called
Speaker 1: fouled after the US House passed a massive defense spending
Speaker 1: bill on Wednesday that omitted a ban on central bank
Speaker 1: digital currencies, despite promises it would be included. Conservatives were
Speaker 1: promised explicitly that strong anti CBDC language would be included
Speaker 1: in the National Defense Authorization Act. That promise was broken,
Speaker 1: GOP representative Keith shelf wrote on X on Wednesday, So
Speaker 1: that's not good. The House voted three hundred and twelve
Speaker 1: to one hundred and twelve to pass the National Devents
Speaker 1: Act on Wednesday, sending nine hundred billion dollars annual military
Speaker 1: funding bill to the Senate in a bid to have
Speaker 1: it passed before the end of the year. So I'm
Speaker 1: not sure what's going to happen here. Maybe they can
Speaker 1: get it back in the or they can put it
Speaker 1: in the market tructure build. I don't know, but he'd see, guys, well,
Speaker 1: we have to be vigilant. We have to be vigilant
Speaker 1: because this CBDC band is supposed to get pushed through.
Speaker 1: I remember interviewing Congressman Tom Emmer about this, right, So
Speaker 1: I'm not blaming him, but just it can't just be him,
Speaker 1: it has to be collectively they do this. So a
Speaker 1: lot of drama here, folks, And I'm going to try
Speaker 1: to get some folks from DC on the pod to
Speaker 1: talk about all this and what the hell is happening. Okay,
Speaker 1: another interesting bill that was introduced. Senator Jerry Moran has
Speaker 1: introduced a bill to establish a Task Force for Recognizing
Speaker 1: and averting cryptocurrency scams. So this is great. I think
Speaker 1: we have to have the guardrails in place because you
Speaker 1: can have legislation and clarity, but if you don't have
Speaker 1: people dedicated to stopping bad actors, like for every industry,
Speaker 1: then you know the bad actors are going to continue
Speaker 1: doing your thing. And sure some of the litigation may
Speaker 1: mitigate some of these things, but I think you need
Speaker 1: a dedicated task force like what they're trying to establish here.
Speaker 1: So this will be really good. Now look at this, folks.
Speaker 1: Trust Wallet taps Revolute for crypto purchases in Europe, so
Speaker 1: again the on and off ram is being established globally
Speaker 1: for more capital to come into this market. Trust Wallet
Speaker 1: the self custodial crypto wallet owned by Binance co founder
Speaker 1: Chang Peng Zau or cz has partnered with European fintech
Speaker 1: Unicorn and digital banking giant Revolute to introduce a new
Speaker 1: way to purchase crypto assets on its platform. So trust
Speaker 1: Wallet users can now buy bitcoin, ether, Solana with Revelue
Speaker 1: through a direct integration, the company said on Thursday, with
Speaker 1: a minimum purchase starting at ten euros or twelve dollars
Speaker 1: and capped at twenty three thousand euros or twenty six
Speaker 1: nine fifty dollars daily and per transaction. Trust Wallet's new
Speaker 1: buy option is expected to provide a faster and easy
Speaker 1: way to access crypto from Europe. In October, Revolute score
Speaker 1: regulatory approval from the Cypersecurities and Exchange Commission to offer
Speaker 1: crypto services across thirty European Economic Area markets in compliance
Speaker 1: with the Europeans' Markets in Crypto Assets Regulations or MICA Framework. So, folks, again,
Speaker 1: auto m's being set up across the globe. This is
Speaker 1: what you want to see as an investor, and more adoption,
Speaker 1: more capital coming in, more building and much more moving ahead.
Speaker 1: Bhutan goes for gold and now says sovereign backed RWA token.
Speaker 1: We know Bhutan is very bullish on crypto. They're mining crypto,
Speaker 1: they're buying crypto. They're doing a lot, and it looks
Speaker 1: like they're getting into the tokenized gold game here or
Speaker 1: a token backed by a gold so man I can't pronounce.
Speaker 1: Is Jeleeffu Mindfulness City GMC, a Special Administrative Zone of
Speaker 1: Bhutan and aunced on Wednesday that it is launching a
Speaker 1: sovereign gold backed digital token called ter Teer. The physical
Speaker 1: gold deposits will be custodied by dk Bank, a digital
Speaker 1: asset bank regulated by the Government of Bhutan and issued
Speaker 1: on the Solana blockchain network against Solana. Again, right, we
Speaker 1: saw JP Morgan is building on Solana, So I'm a
Speaker 1: sol token holder. This is why it's important to diversify, folks.
Speaker 1: So matrix DOC, a real world asset tokenization platform, is
Speaker 1: the technology partner responsible for tokenizing the real world asset
Speaker 1: on the blockchain. So, folks, it's what I've been saying
Speaker 1: again and again. Right, all these assets are going unchain
Speaker 1: the token economy, all of it running on blockchain rails.
Speaker 1: So I hope you see the direction of puck is
Speaker 1: heading here, and you have a macro view and your
Speaker 1: patient about the market, and here's some news around this,
Speaker 1: say crypto blockchain. I don't hold say in my portfolio,
Speaker 1: but z me if I'm saying that right or Eami
Speaker 1: to pre install say crypto wallet on millions of phones
Speaker 1: in global rollout. So I never heard of this. So
Speaker 1: Say Labs, the core development group behind is Say blockchain,
Speaker 1: has reached a distribution deal with against Ziami or Eami
Speaker 1: to pre install a new crypto wallet and discovery app
Speaker 1: on all of their smartphones sold outside mainland China and
Speaker 1: the US. So I guess this is some mainland China phone.
Speaker 1: I've never heard of it. By the way, apologies if
Speaker 1: some of you know about it, I don't. According to
Speaker 1: Thursday's announcement, the Apple Let users sign in with their
Speaker 1: existing Google or Zami IDs and will will feature a
Speaker 1: multi party computation waller for security, access to popular crypto applications,
Speaker 1: and support for both peer to peer merchant payments. Guys,
Speaker 1: look at what's being built here. We know Samsung and
Speaker 1: is doing their thing with crypto. It already has a
Speaker 1: wallet built in, so I'm just blown away at the
Speaker 1: infrastructure that's being set up here now. State Street, Galaxy,
Speaker 1: and Ondo joined tokenized cash race with twenty four to
Speaker 1: seven sweep fund so big names here and ONO is
Speaker 1: a part of it. Many of you know. I'm a
Speaker 1: Onto token holder. I most recently interviewed Nathan Allman at
Speaker 1: chain Link smart Con, so we talked about Ondo. Just
Speaker 1: I think was it this week or last week the
Speaker 1: SEC dropped their investigation into Onto. You know that was
Speaker 1: a legacy investigation from the Gary Ginster days. So State
Speaker 1: Street Investment Management and Galaxy Asset Management are joining forces
Speaker 1: with Onto Finance on a tokenized liquidity fund that will
Speaker 1: push cash sweep balances directly onto public blockchains, creating a
Speaker 1: potential source of twenty four to seven on chain liquidity.
Speaker 1: The planned State Street Galaxy on Chain Liquidity sweet Fund
Speaker 1: or SWEEP, is designed to take in and pay out
Speaker 1: paypals pyus, the stable coin for accredited investors. The company
Speaker 1: said on Tuesday. Ontoicks expected to see the fund with
Speaker 1: two hundred million dollars, tying a major tokenized real world
Speaker 1: asset issuer directly into State Streets tokenization stack. The fund
Speaker 1: will be powered by Galaxy Digital Infrastructure, while State Street
Speaker 1: Bank and Trust Company, an affiliate of State Street Investment Management,
Speaker 1: will act as custodian. SWEEP is set to launch on
Speaker 1: Salana in early twenty twenty six, man with rollouts on
Speaker 1: other networks including Stellar Ethereum to follow using chain links,
Speaker 1: crosschain interoperability protocol. Folks, all of these tokens here I hold,
Speaker 1: and it's not because I just simply threw a dart
Speaker 1: at the board. I looked at what they're liquidity ones,
Speaker 1: their tokenomics and the adoption, right, that's so important. So
Speaker 1: that's why I have Soul in my portfolio. I have
Speaker 1: some Excelm not as big as my other holdings Etherorem
Speaker 1: I have in my portfolio, and of course chain like
Speaker 1: many of eve, you know, I'm bullish on this project
Speaker 1: because every other blockchain and trii FI companies using chain links, connectivity,
Speaker 1: their bridges, they're oracles and much more so, they are
Speaker 1: building an incredible technology that can be used by everyone
Speaker 1: in the crypto industry. So this is bullish news on
Speaker 1: multiple fronts. I hope you guys see what's happening here.
Speaker 1: I'm not making this up. It's not my feelings or emotions,
Speaker 1: is the fact. So again, the reason I'm saying that
Speaker 1: you're going to see a lot of comments feel a
Speaker 1: Salona sucks and this sucks, and it's like bro Are
Speaker 1: you here to make money or for a religion? Right,
Speaker 1: So look at the adoption that's happening. So just make
Speaker 1: sure you do your research and take your bets and
Speaker 1: don't be emotional about these tokens. Just look for the
Speaker 1: adoption like this. Finally, you AE Telco giant E and
Speaker 1: if I'm saying that right, taps Durham stable coin for
Speaker 1: bill payments pilot. So the United Arab Emirates, a telecom
Speaker 1: giant e end, is reportedly preparing to test whether regulated
Speaker 1: stable coins can support mainstream consumer payments, having signed a
Speaker 1: memorandum of understanding with Al Maria Community Bank to explore
Speaker 1: the use of a Durham pegged stable coin across as
Speaker 1: digital channels. Man, look at what is being built here, guys,
Speaker 1: and it's again happening across the globe. So, according to
Speaker 1: a Golf News report, executives framed the collaboration as part
Speaker 1: of the UAES push toward regulated digital finance. Hattem dawidar
Speaker 1: e and Group CEO said, the stable coin enables instant settlement,
Speaker 1: complete transparency and friction less access. They're starting to wake up,
Speaker 1: they're starting to get it. They're getting educated. The stuff
Speaker 1: we've been talking about on this podcast for years. Guys.
Speaker 1: Come on, I've been here since twenty sixteen. I started
Speaker 1: to pod late twenty seventeen talking about it and how
Speaker 1: everything will go on the blockchain because it's just the
Speaker 1: next layer on top of the Internet, eliminates a lot
Speaker 1: of the middleman. It runs twenty four to seven instant settlement, transparency,
Speaker 1: you don't have to wait days for the transaction, and
Speaker 1: you have a network a consensus of validators saying this
Speaker 1: is the exact transaction, this is what's happening. It's real time,
Speaker 1: so there's no confusion, there's no ambiguity. And all the
Speaker 1: banks and all the financial institutions and stock exchanges and governments,
Speaker 1: they are all getting on board, folks. It's inevitable. They
Speaker 1: got to get on this train or they're gonna be
Speaker 1: left in the old world. The things are changing and
Speaker 1: we're headed to a more digital world, folks. And you know,
Speaker 1: I've often said many times, any country that bands cryptos
Speaker 1: are writing their economic death sentence because this technology is
Speaker 1: game changing. It's it's incredible what's happening. So folks, you know,
Speaker 1: if you know somebody who's a skeptic of blockchain or
Speaker 1: crypto who's on the fence. Send us news to them, right,
Speaker 1: let them go research and get educated about what's happening
Speaker 1: and what's being built by different folks around the globe.
Speaker 1: Folks you wouldn't even think would be participating, but they
Speaker 1: are right. Countries that sometimes you think they're a little
Speaker 1: bit outdated, if you want to put it that way.
Speaker 1: No offense to anybody, but you know that maybe they
Speaker 1: don't have the infrastructure, but they're looking at blockchains and
Speaker 1: cryptoid stable coins. And that's because even if they don't
Speaker 1: have the best cars or the best you know, roads
Speaker 1: or whatever it may be, guess what the people have smartphones, right,
Speaker 1: That is one thing a lot of people have now,
Speaker 1: and they're connected on the internet, and that infrastructure and
Speaker 1: is enabled, and that's all you need to participate and
Speaker 1: move the money. And in fact, you know it's not
Speaker 1: necessarily they are going to have a crypto wallet, but
Speaker 1: the banks or of services they use already will be
Speaker 1: using blockchain and stable coins behind the scenes, and many
Speaker 1: of them won't even know. So I hope you see
Speaker 1: what is taking place here, folks. It's incredible, folks, that's
Speaker 1: the news. Let me know what you think. Leave your
Speaker 1: thoughts in comments below, hit the thumbs up button, hit
Speaker 1: the subscribe button. If you haven't as yet, be sure
Speaker 1: to subscribe to my free email newsletter. It is one
Speaker 1: hundred percent free. I did a write up this week
Speaker 1: and the link will be in a description. It's on substack.
Speaker 1: Also check out my book on Amazon, it's available in
Speaker 1: paperback and digital, and my course at Mycrypto course dot com. Folks. Folks,
Speaker 1: if you want to expand your knowledge about crypto, knowledge
Speaker 1: is power, this is the course for you. It is
Speaker 1: packed with tons of value, lifetime access you can share
Speaker 1: to log in with your friends and family. If you
Speaker 1: want go at your on pace. You can view the
Speaker 1: full curriculum on the website. It's at Mycrypto course dot com.
Speaker 1: Check it out, folks. Links will be in a description.
Speaker 1: Thank you so much for tuning in, everybody. I appreciate
Speaker 1: you all and I'll talk to you all later