WEBVTT

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<v Speaker 1>I've got huge Dara Hbar news for you. They have

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<v Speaker 1>launched a new asset tokenization studio. They have partnered with

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<v Speaker 1>Ripple and aptos in the EU and much more. And

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<v Speaker 1>I want to give you some updates from Donald Trump's

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<v Speaker 1>current It's actually happening right now as I'm recording this

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<v Speaker 1>Twitter space is talking about his D five project. And

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<v Speaker 1>next week there's going to be hearing where all five

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<v Speaker 1>SEC commissioners will be present before Congress. You can imagine

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<v Speaker 1>the fireworks that are going to happen. Let's break it down. Hey, everybody,

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<v Speaker 1>welcome into the Thinking Crypto Podcasts. You're home for cryptocurrency

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<v Speaker 1>news and interviews. I'm your host, Tony Edward. On your

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<v Speaker 1>way in, please hit that subscribe button as well as

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<v Speaker 1>a thumbs up button and leave a comment below. If

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<v Speaker 1>you're listening on a podcast platform such as Spotify or Apple,

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<v Speaker 1>please leave a five star rating and review. Folks, I

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<v Speaker 1>got a lot of news to share with you, but

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<v Speaker 1>it's all great stuff. Be sure to watch and listen

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<v Speaker 1>to the end. First, let's kick it off with the FED.

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<v Speaker 1>There are some up around how much basis points the

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<v Speaker 1>FED may cut rates by. The data is showing that

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<v Speaker 1>a lot of people now believe it's going to be

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<v Speaker 1>fifty instead of twenty five, But we'll have to wait

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<v Speaker 1>and see. Fifty would be pretty bullish with the market.

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<v Speaker 1>Even Elizabeth Warren today came out and said the FED

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<v Speaker 1>should cut by seventy five basis points. But we know

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<v Speaker 1>she does a lot of these things just to get

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<v Speaker 1>her name in the press. But we could see fifty,

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<v Speaker 1>it looks like. But you know, I'm going to go

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<v Speaker 1>conservative and say twenty five. But hey, if we have fifty,

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<v Speaker 1>that would be really good. And you know, we're waiting

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<v Speaker 1>to see what the impact will be in the markets

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<v Speaker 1>this week. We can't really tell much though, because there's

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<v Speaker 1>a lot of volatility the week of any FED announcements.

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<v Speaker 1>But from a macro standpoint, the markets are setting up

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<v Speaker 1>for the next leg up and ray cuts are going

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<v Speaker 1>to be bullish. Obviously, there's going to be volatiley. Like

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<v Speaker 1>I mentioned now, one of the factors I've been sharing

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<v Speaker 1>with you guys is global liquidities on the rise. Here,

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<v Speaker 1>macro investor Ral Powell shared an updated chart, actually multiple

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<v Speaker 1>charts showing that global liquidity is on the rise and

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<v Speaker 1>it's anticipated to keep moving upwards and as a result,

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<v Speaker 1>the price of bitcoin will follow. So we know asset

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<v Speaker 1>prices move with global liquidity, folks, that is a big

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<v Speaker 1>driver of acid valuations, and specifically in the United States,

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<v Speaker 1>we are seeing a breakout of the MPTWO money supplies,

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<v Speaker 1>so a lot of data points are showing this. Guys,

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<v Speaker 1>I am very bullish. Once again. You can look at charts,

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<v Speaker 1>you can look at the technicals and so forth. That's important,

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<v Speaker 1>but you also got to look at the macro. We

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<v Speaker 1>want to look at the full picture, right and also

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<v Speaker 1>look at the fundamentals and the other factor I've been

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<v Speaker 1>telling you guys about, they're going to start muddy printing,

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<v Speaker 1>which will contribute to the global liquidity rising. Of course,

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<v Speaker 1>here is Fenn Henrik, who's a great trader. I've had

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<v Speaker 1>him on the podcast. He highlighted a chart from the

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<v Speaker 1>FED which is the overnight reverse repurchase agreements, and he

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<v Speaker 1>says reverse repo collapsing lower the countdown clock to the

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<v Speaker 1>next que. Quantitative easing program has begun. The only unknown

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<v Speaker 1>what fancy not QWI name they'll give it this time.

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<v Speaker 1>So usually they don't come out and say, hey, we're

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<v Speaker 1>printing more money. They'll call it quantitative easing. Or economic

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<v Speaker 1>stimulus or this and that. Right, maybe we'll be like

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<v Speaker 1>housing credit stimulus or something like that, because we've heard

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<v Speaker 1>about rumors that they want to give first time hope

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<v Speaker 1>buyers credit. You know, they'll package it in some fancy name.

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<v Speaker 1>But the point is more money printing more liquidity the

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<v Speaker 1>higher asset prices rise. That includes stocks and crypto. So

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<v Speaker 1>interesting times ahead. Now. Donald Trump's Twitter spaces is actually

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<v Speaker 1>still going on right now. I listen to some of it.

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<v Speaker 1>It was just a pretty much promote the new launch

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<v Speaker 1>of that DeFi project. His sons are pretty much working on.

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<v Speaker 1>So nothing groundbreaking, nothing significant here. He did double down

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<v Speaker 1>that he supports crypto. He made a statement that crypto

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<v Speaker 1>is a very powerful market. So he talked a bit

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<v Speaker 1>about his NFTs and so forth. So nothing major here

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<v Speaker 1>that we haven't heard before. So just a heads up

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<v Speaker 1>on that, guys. Now there's some very big news around Headera. Guys,

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<v Speaker 1>stick with me on this one. A lot of big stuff.

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<v Speaker 1>I am an h BAR token holder in full of transparency.

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<v Speaker 1>I believe in this project. First up, they tweeted out

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<v Speaker 1>Hedera is excited to join Ripple and Apto's foundation as

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<v Speaker 1>founding members of the MICAH crypto alliance with technical support

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<v Speaker 1>from DLT Science Foundation. So big partnership here, especially in

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<v Speaker 1>the EU. Remember EU MICAH is that regulation that was

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<v Speaker 1>passed just I think earlier this year, and the EUS

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<v Speaker 1>ahead of the United States right now. But it's smart

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<v Speaker 1>that these companies that are coming together, forming these alliances

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<v Speaker 1>and working with government officials doing advocacy and education. This

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<v Speaker 1>is how you help get the crypto market and the

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<v Speaker 1>good graces of these governments, get things moving, get regulations going,

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<v Speaker 1>getting doors opened up for the industry, right, folks, So

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<v Speaker 1>all great stuff, This is what we want to see.

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<v Speaker 1>These are competing blockchain companies, so the fact that they're

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<v Speaker 1>working together is a very good sign. I've often stated

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<v Speaker 1>that the industry does need to police itself a bit. Yes,

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<v Speaker 1>we need regulations and legislation, but we got to make

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<v Speaker 1>sure we come together and build great solutions and weed

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<v Speaker 1>out the bad actors. Now, the other big news is

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<v Speaker 1>that Hedera joined the Linux Foundation Decentralized Trust Initiative, contributing

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<v Speaker 1>its entire code base to launch of the Hero project.

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<v Speaker 1>So this is pretty big. I'm not sure how many

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<v Speaker 1>of you know about Linux. It's an operating system I

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<v Speaker 1>use it in the past, but they are the founding

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<v Speaker 1>premier member of this new initiative called the Linux Foundations

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<v Speaker 1>Decentralized Trust Projects. So I love it. This is what

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<v Speaker 1>you want to do. If you want to get adoption,

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<v Speaker 1>go partner with different software companies, different hardware companies, you know,

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<v Speaker 1>branch outs. You get more adoption, you get more developers

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<v Speaker 1>coming and building on your blockchain. Now, just this evening,

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<v Speaker 1>I got a press release sent to me which is

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<v Speaker 1>going to be released tomorrow. It's about Hedera's new asset

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<v Speaker 1>tokenization studio. The headline states providing an all in one

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<v Speaker 1>toolkit for tokenizing re litory compliant real world assets on chain.

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<v Speaker 1>So everyone is trying to build their solution for tokenization.

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<v Speaker 1>It's what I've been telling you for years. We're headed

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<v Speaker 1>to the token economy. Everything running on the blockchains. Traditional

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<v Speaker 1>assets like stocks and securities tokenized on the blockchain, eventually

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<v Speaker 1>real estate, artwork and all these things. Twenty four to

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<v Speaker 1>seven trading markets, no more opening and closing, bill instant settlement,

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<v Speaker 1>truly global markets where there's no borders. So this is

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<v Speaker 1>really big. And if you go to Headera's website, they

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<v Speaker 1>already started highlighting it here Acid Tokenization Studio, and you

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<v Speaker 1>can read up on all the details there, but let

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<v Speaker 1>me give you a quick snippet of what this pressfly says.

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<v Speaker 1>Headera aset Tokenization Studio, an open source toolkit for the configuration, issuance,

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<v Speaker 1>and management of tokenized bonds and equities on the Hidera network,

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<v Speaker 1>has launched. Unlike the basic ERC fourteen hundred standard for

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<v Speaker 1>security tokens that requires management of key act details off

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<v Speaker 1>chain by adding a level of increased risk, the Hidero

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<v Speaker 1>Acid Tokenization Studio keeps the entire process on chain. The

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<v Speaker 1>studio offers a full suite of turnkey features, including bond coupons,

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<v Speaker 1>stock dividends, whitelisting, and compliance with the jurisdiction specific regulations

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<v Speaker 1>ensuring that all acid details are securely managed entirely on chain. Now,

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<v Speaker 1>they took a shot at Etheroreum here, highlighting that unlike

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<v Speaker 1>the basic ERC fourteen hundred standard, and we know black

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<v Speaker 1>Rock is actually tokenizing on Ethereum. Their fund is called Biddle.

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<v Speaker 1>But you know, we're still in the trial and error

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<v Speaker 1>phase of many of these things. So could black Rock

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<v Speaker 1>jump to Hydera sure or expand to Hydera sure? But

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<v Speaker 1>you know, we have to see how the market reacts,

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<v Speaker 1>but sounds really good what Hedera is doing here. And

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<v Speaker 1>like I said, I hold Hbar. I'm bullish on it.

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<v Speaker 1>There's a lot of big names in Hidera's governing council

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<v Speaker 1>like Google and IBM and so forth. Big things happening here,

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<v Speaker 1>and I'm diversified. You know, I never put all my

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<v Speaker 1>eggs in one basket because you never know what could happen.

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<v Speaker 1>But I definitely believe in this project and its future potential.

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<v Speaker 1>Now a great place where you can buy the HBAR

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<v Speaker 1>token and other all coins and bitcoin is on Uphold.

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<v Speaker 1>They have three hundred plus cryptocurrencies, bitcoin and all the

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<v Speaker 1>all coins. Guys, and I've been using this platform since

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<v Speaker 1>twenty eighteen. They're reliable. I trust them. I can vouch

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<v Speaker 1>for them. I've interviewed the CEO. I just interviewed him recently,

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<v Speaker 1>but over the years, I've interviewed the CFO and different folks.

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<v Speaker 1>So this is a really great platform. Recently, they launched

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<v Speaker 1>a great product call usd Interest Accounts, where you can

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<v Speaker 1>place your cash on the platform and earn up to

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<v Speaker 1>five percent apy, but your balance has to be over

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<v Speaker 1>one thousand dollars. Below one thousand, it's two percent, but

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<v Speaker 1>over one thousand is five percent. Best of all, it's

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<v Speaker 1>fd on C insured just like a bank, and there

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<v Speaker 1>are no membership or subscription fees. There's no fees, guys,

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<v Speaker 1>no fees at all, and there's no lock up terms.

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<v Speaker 1>You can pull your money in and out whenever you want.

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<v Speaker 1>That's really great freedom. This is a product I'm leveraging.

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<v Speaker 1>So if you'd like to learn more about Uphold, check

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<v Speaker 1>out the link in the description. Now we got news

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<v Speaker 1>that the Kingdom of Bhutan now owns thirteen thousand and

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<v Speaker 1>eleven bitcoin worth seven hundred and eighty point four nine

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<v Speaker 1>million dollars. So pretty amazing that you have these different

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<v Speaker 1>countries and jurisdictions around the world that are buying bitcoin.

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<v Speaker 1>This is not a trend that's going away. I think

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<v Speaker 1>as money printing continues the debasement of currency, people will

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<v Speaker 1>look for hard assets like bitcoin, like gold to continue

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<v Speaker 1>to hedge against that debasement. And as Paul Tudor Jones said,

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<v Speaker 1>though bitcoin and crypto is the fastest horse in the race,

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<v Speaker 1>and in fact, Michael Staylor doubled down again. Just the

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<v Speaker 1>other day we heard he bought more bitcoin. Well, now

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<v Speaker 1>they're doing another private offering of seven hundred million dollars

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<v Speaker 1>of convertible senior notes, issuing more dead so that they

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<v Speaker 1>can buy more bitcoin. Michael Saylor, I tell you, man,

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<v Speaker 1>this guy's a bitcoin addic. Moving ahead, guys. So, Hester

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<v Speaker 1>Purse dissented on the NFT enforcement actions recently by the sec.

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<v Speaker 1>We know that the SEC center wells noticed to the

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<v Speaker 1>folks at Opense, which is completely nonsense. Here Amanda Tuminelli,

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<v Speaker 1>who will have on the podcast pretty soon. Amanda said

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<v Speaker 1>another banger of a dissent. And here's what Hester said.

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<v Speaker 1>The securities laws are not needed here and their application

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<v Speaker 1>is harmful both in the present case and as feature president.

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<v Speaker 1>Why shouldn't a chef be able to sell memberships to

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<v Speaker 1>eat at her kitchen table and to collect royalties on

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<v Speaker 1>resales of those memberships. NFTs i'll offer a promising way

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<v Speaker 1>to allow creative people such as chefs, musicians, or visual

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<v Speaker 1>artists to monetize their talent, and a potentially efficient way

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<v Speaker 1>for selling access to experiences in communities. Experiments like fly

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<v Speaker 1>Fish Club are not a threat to the American investor.

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<v Speaker 1>Creative people should be able to experiment with NFTs without

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<v Speaker 1>having to consult a high priced tea leaf reader a lawyer.

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<v Speaker 1>We need regulations, guys, because you see what Ginster is doing.

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<v Speaker 1>He's running a monk. He's going crazy. But what's interesting, folks.

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<v Speaker 1>Eleanor Terroota Fox Business reported this. She said the full

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<v Speaker 1>five member SEC Commission is preparing to testify in front

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<v Speaker 1>of the Financial Services Committee slash FSC Democrats next Tuesday.

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<v Speaker 1>This will be the first time the whole Commission, not

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<v Speaker 1>just a chair, has testified together since twenty nineteen. Gary

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<v Speaker 1>Ginster himself would testify alone in front of the Senate

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<v Speaker 1>the day after on Wednesday. This is fascinating. Can you

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<v Speaker 1>imagine when the topic of crypto comes up, because there's

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<v Speaker 1>a clear divide. As I've been telling you guys, Hester

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<v Speaker 1>pers market Wada Republicans support crypto, want legislation. Genser a Democrat,

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<v Speaker 1>and the other two commissioners are Democrat, very much anti crypto. Right.

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<v Speaker 1>Remember when the SEC got called arbitrary and capricius they

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<v Speaker 1>lost in the Grey Skill case. A couple of those

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<v Speaker 1>Democrats still voted no to the bigcoin ETF even though

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<v Speaker 1>the judge the court ruled, Hey, what are you guys doing?

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<v Speaker 1>You have to approve this. Can you believe that? Folks

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<v Speaker 1>so clear divide. So I'm very curious to see what's

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<v Speaker 1>gonna take place at that hearing. My eyes and ears

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<v Speaker 1>are going to be glued to this. It's gonna be

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<v Speaker 1>very fascinating. Can you imagine the statements being made from

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<v Speaker 1>each of these folks. Now, there's also a big hearing

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<v Speaker 1>coming up on Wednesday. As I mentioned to you guys,

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<v Speaker 1>it's title of Dazed and Confused, breaking down the SEC's

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<v Speaker 1>politicized approach to digital assets. You're gonna have people from Robinhood,

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<v Speaker 1>bit Wise and so forth there. So all of this

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<v Speaker 1>is setting up for the hearing with Gainster next Wednesday,

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<v Speaker 1>where he's gonna get grilled. And I spoke to Ron

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<v Speaker 1>Hammond of the Blockchain Association today. I'll publish that interview tomorrow.

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<v Speaker 1>It's gonna be a very interesting two weeks with against

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<v Speaker 1>her in the SEC and all the nonsense that he

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<v Speaker 1>gets been up to you, So stay tuned. Now, in

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<v Speaker 1>regards to the NFTs, jumping back to that, Congressman William

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<v Speaker 1>Timmins release a bill called the NFT Act, and Cody

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<v Speaker 1>Carbone of the Digital Chambers said the SEC continues to

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<v Speaker 1>overstep while Congress has made it clear they lacked the

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<v Speaker 1>authority on digital assets. The NFT Act by Representative Timmins

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<v Speaker 1>is a vital step in providing clarity for NFT creators

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<v Speaker 1>and communities. So we need legislation, guys, Like I said,

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<v Speaker 1>until then, expect more scumbag activity from scumbag regulator Gary Genser.

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<v Speaker 1>All Right, moving ahead. Former Celsia CEO Mashinski Alex Machinski

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<v Speaker 1>seeks testimony from six witnesses as he faces one hundred

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<v Speaker 1>and fifteen year prison sentence. Send him away, put him

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<v Speaker 1>in the cell next to Sam Bekmerfried. Even Sam beakmcfreed

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<v Speaker 1>recently was trying to appeal these guys, what whirl are

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<v Speaker 1>you living in? You scammed people, you stole their money,

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<v Speaker 1>You lied to people on TV in their phases, and

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<v Speaker 1>much more. I remember having Alex Mashinski in the podcast,

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<v Speaker 1>and you know, I brought up some of the things

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<v Speaker 1>people had mentioned over the years, and he's like, no,

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<v Speaker 1>they're lying. You can come invest on the platform. Go

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<v Speaker 1>to jail, bro, that's where you should be. Final news item. Binance,

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<v Speaker 1>founder of CEZ, set to be released from prison on

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<v Speaker 1>September twenty ninth, so Cez getting out short sentence. I

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<v Speaker 1>think this is good. Remember Sez did no fraud, nothing

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<v Speaker 1>like SBF or Alex Mashinski. He got hit with kycaml

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<v Speaker 1>laws that were broken, but this was the early days

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<v Speaker 1>of crypto. Binance eventually got themselves into a better place now,

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<v Speaker 1>Cez part of the ruling was he has to stay

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<v Speaker 1>away from Binance and crypto for the most part, so

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<v Speaker 1>don't expect to hear much from him. He'll probably disappear

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<v Speaker 1>for a while. Maybe next cycle he can come back

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<v Speaker 1>and be around, but I don't think he can operate

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<v Speaker 1>in any type of crypto business. But once again, he

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<v Speaker 1>did not commit any frauds. It just heads up on that,

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<v Speaker 1>all right, guys, let me know what you think about

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<v Speaker 1>this new leave your thoughts and comments, blow hit the

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<v Speaker 1>thumbs up button. Be sure to sign up for my

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<v Speaker 1>free email newsletter. It's one hundred percent free, includes a

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<v Speaker 1>lot of crypto insights and knowledge. Don't forget to grab

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<v Speaker 1>a copy of my book, Rethinking Crypto and Amazon. It's

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<v Speaker 1>available in paperback and digital also on Barnes Andnobles dot com.

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<v Speaker 1>Grab a copy to support the podcast, buy a few

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<v Speaker 1>copies for your friends, and family who want to learn

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<v Speaker 1>about crypto, and if you bought a copy already, please

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<v Speaker 1>leave a rating and review. Thank you so much. I

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<v Speaker 1>appreciate you all, and I'll talk to you all later