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<v Speaker 1>Hey, everybody, Welcome into the Thinking Crypto podcast, your home

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

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<v Speaker 1>On your way in. Please add that subscribe button as

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<v Speaker 1>well as the thumbsup button and leave a comment below.

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

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<v Speaker 1>or Apple, please leave a five star rating and review. Okay, folks,

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<v Speaker 1>let's kick it off with bitcoin currently trading over ninety

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<v Speaker 1>thousand dollars. So we're seeing a bit of a pullback

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<v Speaker 1>as we've been discussing over the past couple of days.

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<v Speaker 1>That was anticipated based on a whyke off accumulation model

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<v Speaker 1>shared by user Marty Party on x So no need

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<v Speaker 1>to panic, just we're going to see a downturn and

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<v Speaker 1>then we're going to see the spring upwards. So it's

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<v Speaker 1>all cyclical, just all market cycles playing out here, retesting

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<v Speaker 1>up support levels and much more. As long as we

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<v Speaker 1>keep forming higher highs and higher lows, we are good

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<v Speaker 1>and we got the macro on our side. Now. This Friday,

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<v Speaker 1>as we've been discussing, we're going to hear from the

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<v Speaker 1>Supreme Court about the tariffs. We'll see what that to market.

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<v Speaker 1>That could be a catalyst that makes the market go

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<v Speaker 1>down right before fighting the bottom again and moving back up.

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<v Speaker 1>So patience is so important here. We're going to have

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<v Speaker 1>to wait and let this all play out. Now, here's

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<v Speaker 1>another contributing factor to liquidity. And we know the Fed

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<v Speaker 1>is full on QI even though they've started the light

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<v Speaker 1>version on December twelfth of purchasing forty billion dollars in

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<v Speaker 1>treasury bonds. Well, President Trump this evening highlighted that he

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<v Speaker 1>intends to raise the US national defense budget in twenty

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<v Speaker 1>twenty seven to one point five trillion dollars. So it's

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<v Speaker 1>currently at one trillion and they're going to raise it

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<v Speaker 1>by half a trillion. So Lynn Alden, who often talks

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<v Speaker 1>about nothing stops his train, essentially saying nothing stops the

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<v Speaker 1>money printer. She reposted Trump's whole post on truth social

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<v Speaker 1>saying that's a whole lot of words to say nothing

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<v Speaker 1>stops his train. So regardless of what the narrative is,

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<v Speaker 1>regardless of this and that and the semantics, nothing stops

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<v Speaker 1>the money printer. They have to keep printing. So that's

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<v Speaker 1>why I've been saying. My foundational thesis, regardless of what

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<v Speaker 1>happens in the short term, is that as long as

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<v Speaker 1>central banks keep printing money. I am bullish because risk

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<v Speaker 1>assets will move accordingly, guys, So you have to make

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<v Speaker 1>sure you have that foundational knowledge and you have that

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<v Speaker 1>thesis as to why we are here investing. Yes, to

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<v Speaker 1>make money, but part of it is outpacing the debasement

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<v Speaker 1>and the inflation and the stealing of your purchasing power.

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<v Speaker 1>Once you grasp that, it makes investing a whole lot easier,

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<v Speaker 1>and it helps you to a whole longer term despite

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<v Speaker 1>the short term volatility. And obviously crypto is the fastest

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<v Speaker 1>horse in the race. Now. I know twenty twenty five

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<v Speaker 1>was not great, but if you look throughout the past

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<v Speaker 1>ten years, bitcoin has outperformed everything, not to mention all coins, right,

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<v Speaker 1>so it has outperformed goal, the stock market, the NASDAK,

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<v Speaker 1>the S and P five hundred, real estate, all that stuff.

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<v Speaker 1>We had a kind of a down year last year,

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<v Speaker 1>you know, the yearly candle closed negative six percent, which

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<v Speaker 1>was a big deviation for what we've seen historically. But

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<v Speaker 1>if the thesis is correct that you know, liquidity is

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<v Speaker 1>coming back. We should see new all time highs this year.

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<v Speaker 1>But look, we don't have a crystal ball, so we're

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<v Speaker 1>gonna have to wait and see. I've been sharing my

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<v Speaker 1>two scenarios. Number one, that is, Bitcoin simply does a

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<v Speaker 1>relief rally and all coins follow in a relief rally

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<v Speaker 1>type of format, so we don't hit new all time

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<v Speaker 1>highs and then we roll over into a bear market,

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<v Speaker 1>or this bull market continues and we make new highs

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<v Speaker 1>for Bitcoin and the all coins go bananas and we

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<v Speaker 1>see the actual euphoric blow off top zone. Because you

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<v Speaker 1>have contributing factors such as the market structure, bills, you

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<v Speaker 1>have Trump saying he wants to send out stimulus checks

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<v Speaker 1>to people using the tariff revenue, and much more so,

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<v Speaker 1>there's a lot on the table here that could set

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<v Speaker 1>up a bullish move and narrative, and we shall see. Guys.

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<v Speaker 1>This is where you know, as much as we want

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<v Speaker 1>new all times high prices, we're gonna have to sit

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<v Speaker 1>back and let some of the dust settle here. But clearly, guys,

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<v Speaker 1>they're going to continue printing money and we know our

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<v Speaker 1>assets are going to follow. So patients is the key now, folks.

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<v Speaker 1>This episode is brought to you by Propy, which is

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<v Speaker 1>leading to charge with putting real estate on chain. Folks,

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<v Speaker 1>you can buy and sell homes on Propy's platform for cryptos.

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<v Speaker 1>If you want to sell your house for bitcoin or

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<v Speaker 1>buy a house for bitcoin, you can do that on Propy.

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<v Speaker 1>So they are disrupting the real estate process by integrating

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<v Speaker 1>blockchain and AI. And they've been doing this since twenty seventeen. Folks,

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<v Speaker 1>I discovered Propy back in twenty eighteen. I purchased the

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<v Speaker 1>pro token. I'm still a holder of that token. That's

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<v Speaker 1>how bullish I am on this project. They've facilitated over

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<v Speaker 1>five billion dollars in deals, and folks, a Tim Draper,

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<v Speaker 1>you know, the legendary billionaire investor, He is an investor

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<v Speaker 1>in this company and he still is to this day.

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<v Speaker 1>And Folks, they use coinbase with a crypto escro service

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<v Speaker 1>for the buying and selling and all that stuff. And

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<v Speaker 1>they've put deeds on chain, They've created NFTs for properties.

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<v Speaker 1>They are doing a lot of cool things with blockchain

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<v Speaker 1>in the real estate industry. And Folks, we know every

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<v Speaker 1>asset class is going to be tokenized. So Propy is

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<v Speaker 1>certainly leading to charge in this disruption. So if you'd

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<v Speaker 1>like to learn more about Propy, goo to propy dot com.

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<v Speaker 1>Link would be in the description. Okay, folks, we got

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<v Speaker 1>an all out war happening in DC. You know. It's

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<v Speaker 1>something we've been covering over the past month or so,

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<v Speaker 1>and that is the banks are lobbying hard to try

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<v Speaker 1>to stop you from earning stable coin yield and staking

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<v Speaker 1>rewards on crypto exchanges and platforms. They don't like that, right,

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<v Speaker 1>We've talked about it at nauseum. They don't like that

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<v Speaker 1>you can earn a higher return there because right now

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<v Speaker 1>they're giving you next to nothing zero point zero one

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<v Speaker 1>percent interest, right they pocket all the money, and of

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<v Speaker 1>course they don't like that you can bypass them and

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<v Speaker 1>go earn higher yield. So personally, I use Uphold with

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<v Speaker 1>their stable coin program to earn yield, and I also

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<v Speaker 1>use coinbase And guess what, it's more than I'm getting

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<v Speaker 1>at my bank is JP Morgan Chase, by the way,

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<v Speaker 1>So it's more I'm getting at JP Morgan Chase. So

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<v Speaker 1>it's so horrible at JP Morgan that I move my

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<v Speaker 1>money to other types of accounts and even the stable

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<v Speaker 1>coin yields to earn higher rewards. So the banking lobby,

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<v Speaker 1>they're trying to stop this, they're trying to re litigate

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<v Speaker 1>the Genius Act. But it's already law. They're going to

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<v Speaker 1>their crony friends like Elizabeth Warren and Maxine Waters, you know,

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<v Speaker 1>handing them some checks come on midterms of coming up

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<v Speaker 1>in all these trying to win people back, right. In addition,

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<v Speaker 1>they want to stop D five. So let me share

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<v Speaker 1>what farijarisher Zah, chief policy officer at coinbase, had to

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<v Speaker 1>say it because he summarized it really well, and a

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<v Speaker 1>lot of different folks in the industry weigh in as well.

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<v Speaker 1>He said. The Senate Banking Committee marks up the Market

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<v Speaker 1>Structure Bill next week. The stable coin rewards remain under debate.

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<v Speaker 1>Congress already settled this in Genius Reopening it now only

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<v Speaker 1>creates uncertainty and risks the future of the US dollar

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<v Speaker 1>as commerce moves on chain. Here's why Congress should protect

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<v Speaker 1>the Genius Act and why rewards help consumers without harming

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<v Speaker 1>community banks. It's no mystery why big banks want rewards

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<v Speaker 1>ban and US banks earn one hundred and seventy six

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<v Speaker 1>billion dollars a year on the approximate three trillion dollars

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<v Speaker 1>they park at the FED and another one hundred and

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<v Speaker 1>eighty seven billion dollars a year from cards wife fees

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<v Speaker 1>about one four hundred and forty dollars per household. That's

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<v Speaker 1>three hundred and sixty billion dollar plus annually from payments

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<v Speaker 1>and deposits alone, and massive unused lending capacity that the

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<v Speaker 1>Federal Reserve pays the banks to have sit in a

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<v Speaker 1>drawer somewhere so that money just sits there. Right. So

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<v Speaker 1>he says stable corn rewards threatened those margins, not because

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<v Speaker 1>it reduces banks ability to lend, but because they introduce

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<v Speaker 1>real competition in payments. Lower payments cost mean billions and

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<v Speaker 1>savings for consumers and businesses and a boost GDP. This

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<v Speaker 1>is not a community bank issue. It's the big banks

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<v Speaker 1>that's the real fight. This is spot on. You think,

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<v Speaker 1>Jamie Diamond and these big CEOs that the banks alike,

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<v Speaker 1>that you can bypass them. How dare you bypass them? Right?

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<v Speaker 1>But disruptive technology always wins. But they're the cumbents. They're

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<v Speaker 1>gonna fight, they're gonna lobby hard, but they're not gonna

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<v Speaker 1>win this. And I'll share what even Trump and his

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<v Speaker 1>family is doing today. So he says, the data is

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<v Speaker 1>clear and it doesn't support the bank position. This summer,

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<v Speaker 1>Charles River Associates found no statistically significant relationship between USDC

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<v Speaker 1>growth and community bank deposits. Different users, different use cases,

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<v Speaker 1>and people don't treat stable coins as bank deposits substitutes. Now,

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<v Speaker 1>a bunch of different folks weighed in. Even Mike Novograts

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<v Speaker 1>weighed in. He said we would be fools as a

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<v Speaker 1>country to reverse the newly passed Genius Act. What I

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<v Speaker 1>say to banks who are whining like mad fourth graders,

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<v Speaker 1>toughen up and compete. This is what innovation looks like.

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<v Speaker 1>In addition, Patrick Witch, who's the White House crypto advisor

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<v Speaker 1>who works with David Sachs. You guys may have seen

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<v Speaker 1>my interview with him from Chainlink smart Con. He says,

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<v Speaker 1>for the anti rewards slash yield crowd currently threatening to

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<v Speaker 1>witholdhold their support for the Clarity Act, I would remind

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<v Speaker 1>you that tanking the bill over the issue preserves the

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<v Speaker 1>status quo which you allege is intolerable. You will have

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<v Speaker 1>achieved nothing be reasonable. So this is targeting to the

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<v Speaker 1>people who are being lobbied by the banks, some Democrats,

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<v Speaker 1>possibly some Republicans as well. So the gloves are coming

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<v Speaker 1>off here, folks. Ron Hammond, who used to be at

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<v Speaker 1>the Blockchain Association, he's now at Winter Mute said, the

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<v Speaker 1>White House siding with crypto industry on stable coin rewards

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<v Speaker 1>issue within the market structure legislation not ideal for the

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<v Speaker 1>bank lobby. So this is important because Trump look at

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<v Speaker 1>this because today Trump backed World Liberty Financial seeks US

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<v Speaker 1>bank charter to bring USD one stable coin fully on shore.

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<v Speaker 1>So Trump is bullish on crypto. His family and all

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<v Speaker 1>these guys have crypto businesses. They have their own stable

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<v Speaker 1>corn via World Liberty Financial. Whose side do you think

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<v Speaker 1>they're going to be on the bank side? No? No,

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<v Speaker 1>So I think the banks are in a losing position.

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<v Speaker 1>That's not to say they're not going to try to fight, right,

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<v Speaker 1>That's not to say they're not going to hand checks

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<v Speaker 1>out to Elizabeth Warren and Maxine Waters and all these people,

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<v Speaker 1>or they're going to fight. But I think they're on

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<v Speaker 1>the losing side. So while many of the banks are

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<v Speaker 1>adopting crypto, they're launching tokenization efforts, crypto products, and much more.

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<v Speaker 1>On the other hand, they're trying to control it as

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<v Speaker 1>much as possible. Again, they don't want you to bypass them.

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<v Speaker 1>They want to control. They want you to come through them.

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<v Speaker 1>But of course they're not being fair, they're pocketing a

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<v Speaker 1>lot of the money. If they want to compete, why

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<v Speaker 1>don't they launch your own stable coin and give rewards

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<v Speaker 1>or give a higher interest rate. People wouldn't have to

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<v Speaker 1>move to stable coins to get a higher yield if

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<v Speaker 1>you simply up the interest rate. But they don't want that, guys.

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<v Speaker 1>End of year bonuses, big fat checks, right, Jamie Diamond

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<v Speaker 1>doesn't want to cut to his bonus. Are you kidding me? Right?

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<v Speaker 1>So that's what's happening here, folks. And in addition, Cody

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<v Speaker 1>carbon and who I of the Digital Chamber, who I

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<v Speaker 1>interviewed yesterday and that interview will be published tomorrow morning.

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<v Speaker 1>I want to miss it, he said. Tomorrow, fifty five

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<v Speaker 1>Digital Chamber member companies will meet with over twenty Senators

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<v Speaker 1>on Capitol Hill to shape market structure. This is how

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<v Speaker 1>change happens. Grateful for our members flying in from across

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<v Speaker 1>the US and globally to lead a critical moment before markups.

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<v Speaker 1>So this is really great crypto industry going in meeting

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<v Speaker 1>with the key stakeholders in the Senate to discuss what

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<v Speaker 1>they need to do, what the crypto industry needs. So

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<v Speaker 1>this is really great guys, And like I said, these

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<v Speaker 1>banks and these people are fighting it. They're on the

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<v Speaker 1>wrong side of history. We already know that. But I

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<v Speaker 1>think it's the last hurrah, the last attempt to try

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<v Speaker 1>to change things and maintain control. But it ain't going

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<v Speaker 1>to happen. Now, that doesn't mean the crypto industry doesn't

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<v Speaker 1>have to fight. They have to fight. They have to

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<v Speaker 1>build their war chest and continue to lobby because that's

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<v Speaker 1>how you get things done in Washington unfortunately, so we

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<v Speaker 1>shall see how it all plays out. Guys. We got

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<v Speaker 1>to keep an eye on this. But at least we're

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<v Speaker 1>seeing progress. You know, this dialogue and discussions between the

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<v Speaker 1>crypto industry and the members are come and then next

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<v Speaker 1>week we get the markups. So that's gonna be really great. Now,

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<v Speaker 1>look at this news, folks, This is huge. This is

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<v Speaker 1>a milestone in financial innovation. Wyoming issues first state back

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<v Speaker 1>stable coin on Solanum. Now we got news about this

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<v Speaker 1>that that was the plan to launch a stable coin,

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<v Speaker 1>but it's the first state back and you can imagine

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<v Speaker 1>other states are going to do this in the United

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<v Speaker 1>States and they may use different blockchains, but Wyoming is

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<v Speaker 1>using Solana. So this is a huge endorsement and adoption

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<v Speaker 1>of Solana. So I feel like Solona is going through

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<v Speaker 1>this maturation phase where it's moving beyond meme coins. It's

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<v Speaker 1>getting big adoption. Even Western Union, if you all recall

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<v Speaker 1>launching their stable coin on Solana. So front FR and T,

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<v Speaker 1>issued under the Wyoming stable Coin Act, represents the first

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<v Speaker 1>blockchain based asset backed by a US state. The Salana

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<v Speaker 1>based Wyoming Frontier stable coin will also be initially available

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<v Speaker 1>on six EVM chains, including Ethereum based Layer and Arbitrum

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<v Speaker 1>based Optimism and Polygon L two's as well as Layer

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<v Speaker 1>one Avalanche. Huge news, folks, huge, huge news. This is,

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<v Speaker 1>i mean, just amazing and a sign of things to come.

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<v Speaker 1>And I'm curious how you know these stable coins from

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<v Speaker 1>these different states will you know, compete so to speak

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<v Speaker 1>with you know what, it's already in the market, but

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<v Speaker 1>it could be they're just building this for their own

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<v Speaker 1>state US. It won't necessarily cross state lines, like if

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<v Speaker 1>you want to pay your taxes or you know, they'll

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<v Speaker 1>give you maybe certain benefits for using it within Wyoming.

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<v Speaker 1>You know, that could be part of it. We're gonna

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<v Speaker 1>have to wait and see how all this will play

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<v Speaker 1>out logistically, but this is a big, big moment right here,

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<v Speaker 1>and states have been you know, launching bitcoin reserves, buying

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<v Speaker 1>bitcoin et ups, and much more. So we're seeing that

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<v Speaker 1>once one of them makes a move, the first domino falls,

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<v Speaker 1>the other follow right, game theory plays out, So very

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<v Speaker 1>very interesting news here now, folks. I'm not sure how

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<v Speaker 1>many of you heard about this, but Ledger says Global

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<v Speaker 1>E incident did not compromise crypto wallets. So there was

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<v Speaker 1>a data breach of global E, a payment platform integrated

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<v Speaker 1>by Ledger in twenty twenty three. So we've seen data

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<v Speaker 1>breaches across different industries. Guys, this is a problem. This

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<v Speaker 1>is where data needs to go on the blockchain. But

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<v Speaker 1>it's as always, guys, you have to make sure that

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<v Speaker 1>you verify, don't trust verify. Always double check your links,

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<v Speaker 1>Always double check emails, double check any messages you get

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<v Speaker 1>because it's tough out there, right You got hackers constantly

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<v Speaker 1>looking for ways to exploit and hack anything they can

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<v Speaker 1>within crypto, so just be careful. It would really suck

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<v Speaker 1>if you lose your fund. So with this data breach,

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<v Speaker 1>watch out for bad emails, watch out for physical mail.

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<v Speaker 1>I remember getting some of these things years ago when

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<v Speaker 1>Ledger had leak. I forgot what year was, but this

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<v Speaker 1>is like twenty eighteen ish, twenty nineteen ish or something,

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<v Speaker 1>and I got letters in the mail and I'm like,

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<v Speaker 1>what the hell is this, you know, and it looks

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<v Speaker 1>very official, so be careful, you know. I don't use

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<v Speaker 1>the Ledger of hardware walts. I personally use Treasure, you know.

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<v Speaker 1>I feel they make a better device with better security.

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<v Speaker 1>And if you are a Ledger user, just make sure

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<v Speaker 1>you watch it for these books. Okay, look at this news.

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<v Speaker 1>This is really big as well. Tether and video platform

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<v Speaker 1>Rumble launch a non custodial crypto wallet. So the wallet

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<v Speaker 1>is built to facilitate crypto payments to Rumble's content creators

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<v Speaker 1>from users on its video streaming platform, and the wallet

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<v Speaker 1>will initially support Tether's dollar, pick stable, coorn usdt telor

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<v Speaker 1>gold xau t the a tokenized commodity product, and Bitcoin.

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<v Speaker 1>According to the announcement from Rumble, it looks like Moonpay

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<v Speaker 1>is also integrating here, so Moonpay will provide Fiat currency

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<v Speaker 1>on and off ramps for Rumble wallet users, enabling them

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<v Speaker 1>to cash out crypto into local currencies. This is huge.

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<v Speaker 1>I personally have my channel on rumble, so I upload

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<v Speaker 1>there as well. YouTube is obviously bigger, and I wouldn't

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<v Speaker 1>be surprised if YouTube is like, wait a minute, okay,

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<v Speaker 1>we need to get on board and does something similar.

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<v Speaker 1>I think that's coming right. And even the streaming platforms

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<v Speaker 1>they podcast audio streaming platforms like Spotify and Apple that

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<v Speaker 1>they do the same as well. So this is really

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<v Speaker 1>really cool and I think it will lead to more

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<v Speaker 1>adoption of crypto. Okay. Babylon receives fifteen million dollars from

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<v Speaker 1>A sixteen Z crypto to expand Bitcoin native lending. Many

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<v Speaker 1>of you know A sixteen z is a powerhouse. They

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<v Speaker 1>have been for a long time investing in Web two

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<v Speaker 1>you know Mark and Risen and Netscape and the Web

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<v Speaker 1>one whirl of the nineties. The big investors guys huge, huge,

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<v Speaker 1>and now they're all in on crypto and AI and

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<v Speaker 1>much more so. Babylon decentralized protocol focus on enabling native

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<v Speaker 1>bitcoin staking and lending. Receive fifteen million dollars in funding

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<v Speaker 1>from A sixteen Z crypto through the sale of Babylon's

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<v Speaker 1>native baby BA by Tokens, two D Digital Asset arm

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<v Speaker 1>of Entries and Horoitz. Okay, Guys, what if I always

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<v Speaker 1>told you watch where the VC and hedge fund capital

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<v Speaker 1>is going. So if you know they're investing in this

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<v Speaker 1>and they're buying the token, you know what I'm saying.

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<v Speaker 1>You know, you could anticipate the price going up. So

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<v Speaker 1>that's not financial advice, but it's one of the factors

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<v Speaker 1>I use to invest in tokens. Now again, one of

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<v Speaker 1>the factors. You have to go through the checklist, right,

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<v Speaker 1>You got to look at the tokenomics, their release schedule.

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<v Speaker 1>You got to make sure this is a legit project,

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<v Speaker 1>because not everything that these firms invest in will pan out.

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<v Speaker 1>They invest in a bunch of different companies and some

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<v Speaker 1>are winners and some or not. So just make sure

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<v Speaker 1>you do your research. Don't blindly invest just because a

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<v Speaker 1>sixteen Z is doing it. But this is certainly a

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<v Speaker 1>checklist item that you can check up and say, Okay,

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<v Speaker 1>something to pay attention to. You've got some liquidity that's

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<v Speaker 1>going to be coming in here. So again, you know,

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<v Speaker 1>I like to call out certain things to you. Guys.

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<v Speaker 1>I told you all about Canton Network, I'm telling you

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<v Speaker 1>about this one. Now. I don't hold this token, but

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<v Speaker 1>if I do, add it to my Portfoilo. I'll let

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<v Speaker 1>you know final lose item here. Polymarket Dow Jones deal

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<v Speaker 1>puts prediction markets data in the Wall Street Journal. So Polymarket,

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<v Speaker 1>many of you know blockchain powered. These prediction markets are

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<v Speaker 1>certainly the future and we're seeing mainstream integrating them. So again,

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<v Speaker 1>mass adoption bridges being built between the traditional tech and

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<v Speaker 1>trad fireworld to crypto and web three. This is really

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<v Speaker 1>really amazing. So in a Wednesday notice, Polymarket and Dow

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<v Speaker 1>Jones said the predictions market data will be available on

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<v Speaker 1>the Wall Street Journal, Baron's market Watch, and Investors Business Daily,

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<v Speaker 1>among others. According to the companies, Polymarket will be featured

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<v Speaker 1>in dedicated data modules on website and select print placements.

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<v Speaker 1>So we are just at the tippity iceberg, folks of

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<v Speaker 1>mass adoption. The building is happening. We need market structure

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<v Speaker 1>to pass to allot us, all to go exponential as

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<v Speaker 1>far as adoption and building, and we are going to

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<v Speaker 1>see valuations skyrocket. But you know, there's a process to it.

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<v Speaker 1>So that's why I'm not just bullish on this cycle,

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<v Speaker 1>but future cycles as well. And yeah, folks, it's exciting, Okay, folks,

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<v Speaker 1>that's the news. Let me know what you think. Leave

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<v Speaker 1>your thoughts in comments below, hit the thumbs up button.

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<v Speaker 1>Subscribe if you haven't as yet, be sure to support

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<v Speaker 1>the podcast by subscribing to my free email newsletter. It

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<v Speaker 1>is one hundred percent free. Link would be in the description.

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<v Speaker 1>Check out my book on Amazon grab a copy. It's

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<v Speaker 1>available in paperback, in digital, and my course at mycrypto

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<v Speaker 1>course dot com. Folks, thank you for tuning in. I

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