WEBVTT

1
00:00:04.960 --> 00:00:08.320
<v Speaker 1>Hey, everybody, Welcome into the Thinking Crypto Podcasts. You're home

2
00:00:08.439 --> 00:00:12.279
<v Speaker 1>for cryptocurrency news and interviews. I'm your host, Tony Edward.

3
00:00:12.400 --> 00:00:14.839
<v Speaker 1>On your way in. Please sit that subscribe button as

4
00:00:14.839 --> 00:00:17.239
<v Speaker 1>well as the thumbs up button and leave a comment below.

5
00:00:17.399 --> 00:00:19.920
<v Speaker 1>If you're listening on a podcast platform such as Spotify

6
00:00:20.000 --> 00:00:23.640
<v Speaker 1>or Apple, please leave a five star rating and review. Folks.

7
00:00:23.719 --> 00:00:26.480
<v Speaker 1>Let's kick it off with some bitcoin metrics, so we

8
00:00:26.519 --> 00:00:30.199
<v Speaker 1>continue to see different bitcoin metrics are signaling that a

9
00:00:30.320 --> 00:00:33.039
<v Speaker 1>reversal in the market is coming soon. Now, I know

10
00:00:33.240 --> 00:00:35.719
<v Speaker 1>timing is the hard thing to predict, but we are

11
00:00:35.799 --> 00:00:38.920
<v Speaker 1>at least using the data and not using our feelings

12
00:00:39.000 --> 00:00:42.240
<v Speaker 1>or a gut feeling or emotions or whatever it may be.

13
00:00:42.479 --> 00:00:44.359
<v Speaker 1>We're using the data and that's how we want to

14
00:00:44.359 --> 00:00:49.119
<v Speaker 1>operate as educated, informed investors. So the Bitcoin MVRV two

15
00:00:49.200 --> 00:00:53.679
<v Speaker 1>year rolling score right now is at levels or it's

16
00:00:53.679 --> 00:00:56.600
<v Speaker 1>at the lowest level that has ever been and we've

17
00:00:56.640 --> 00:00:59.479
<v Speaker 1>seen when it has hit these levels that a major

18
00:00:59.520 --> 00:01:02.759
<v Speaker 1>reversal is coming soon. So with sentiment and the dumbs,

19
00:01:02.799 --> 00:01:05.879
<v Speaker 1>people are depressed, they've given up, many are very upset.

20
00:01:06.120 --> 00:01:09.040
<v Speaker 1>Right There's a lot of anger, depression, fear, and much

21
00:01:09.079 --> 00:01:12.439
<v Speaker 1>more it's pretty bad right. However, when we have these

22
00:01:12.480 --> 00:01:15.719
<v Speaker 1>type of conditions along with the data, it means that

23
00:01:15.760 --> 00:01:18.159
<v Speaker 1>reversal is coming. The big question, as I've been saying though,

24
00:01:18.400 --> 00:01:20.640
<v Speaker 1>is this just simply a relief rally that we're going

25
00:01:20.719 --> 00:01:23.799
<v Speaker 1>to see come possibly Q one twenty twenty six, or

26
00:01:23.840 --> 00:01:26.480
<v Speaker 1>the continuation of the bull market. Now. I've been leaning

27
00:01:26.519 --> 00:01:29.000
<v Speaker 1>more towards the continuation of the bull market from a

28
00:01:29.000 --> 00:01:33.120
<v Speaker 1>probability standpoint because of the macro factors. And I verify

29
00:01:33.319 --> 00:01:36.599
<v Speaker 1>this MVRV score using sentiment, which is a partner of

30
00:01:36.640 --> 00:01:39.480
<v Speaker 1>the channel. I usually have Brian from Sentiment on where

31
00:01:39.519 --> 00:01:41.959
<v Speaker 1>we go through the data. And right now, both the

32
00:01:42.120 --> 00:01:46.760
<v Speaker 1>short term and the long term MVRV ratios are in

33
00:01:46.840 --> 00:01:50.200
<v Speaker 1>a loss right now, so those traders, folks and long

34
00:01:50.319 --> 00:01:55.040
<v Speaker 1>term holders are in the loss to a reversal I

35
00:01:55.079 --> 00:01:58.719
<v Speaker 1>think is coming. Remember markets are cyclical, right, so we

36
00:01:58.760 --> 00:02:02.079
<v Speaker 1>should expect to see move upwards coming soon. We just

37
00:02:02.120 --> 00:02:04.879
<v Speaker 1>got to be patient. And one thing that's very different

38
00:02:05.000 --> 00:02:07.840
<v Speaker 1>this time around, guys. You know the common saying or

39
00:02:07.879 --> 00:02:10.360
<v Speaker 1>the cliche saying we always hear every cycle, is this

40
00:02:10.439 --> 00:02:13.520
<v Speaker 1>time is different. Well, it is for the first time ever,

41
00:02:13.639 --> 00:02:16.080
<v Speaker 1>we have a red candle in the third year after

42
00:02:16.120 --> 00:02:19.560
<v Speaker 1>they're having Usually it's three green candles and then a

43
00:02:19.599 --> 00:02:22.159
<v Speaker 1>red candle for the bear market. This time it's only

44
00:02:22.159 --> 00:02:24.520
<v Speaker 1>been two green candles, So twenty twenty three and twenty

45
00:02:24.560 --> 00:02:27.360
<v Speaker 1>twenty four and twenty twenty five is closing with a

46
00:02:27.439 --> 00:02:30.560
<v Speaker 1>red candle, So things are different. So the people who

47
00:02:30.599 --> 00:02:34.719
<v Speaker 1>are saying this time is not different, it is the

48
00:02:34.800 --> 00:02:37.919
<v Speaker 1>cyclical pattern here has been broken. But it goes back

49
00:02:37.919 --> 00:02:40.319
<v Speaker 1>to what I've been saying. I think it's more of

50
00:02:40.360 --> 00:02:44.159
<v Speaker 1>the bull market extending. I don't believe this is again

51
00:02:44.319 --> 00:02:46.639
<v Speaker 1>a deep bear market. I think that starts in twenty

52
00:02:46.719 --> 00:02:49.599
<v Speaker 1>twenty six. The timing We're going to have to wait

53
00:02:49.639 --> 00:02:52.120
<v Speaker 1>and see. But I do believe the terror off crash

54
00:02:52.159 --> 00:02:54.360
<v Speaker 1>that affected all markets at the beginning of the year

55
00:02:54.759 --> 00:02:58.840
<v Speaker 1>prolonged the liquidity cycle. In addition, we had a very

56
00:02:59.039 --> 00:03:02.680
<v Speaker 1>long period to recover. It took a while for markets

57
00:03:02.680 --> 00:03:06.000
<v Speaker 1>to recover, versus a usual cyclical pattern that after a

58
00:03:06.080 --> 00:03:09.000
<v Speaker 1>Q four rally we have a correction and then late

59
00:03:09.080 --> 00:03:11.879
<v Speaker 1>January things start to creep up again. But this time

60
00:03:11.919 --> 00:03:14.280
<v Speaker 1>around it took longer than that, and that's why we

61
00:03:14.319 --> 00:03:17.400
<v Speaker 1>saw bitcoin hitting numal time high in August when it's

62
00:03:17.479 --> 00:03:20.560
<v Speaker 1>usually sell and may go away. And again I believe

63
00:03:20.560 --> 00:03:23.400
<v Speaker 1>the timeline has been shifted. So I think we're going

64
00:03:23.439 --> 00:03:26.039
<v Speaker 1>to see this bull market continue into twenty twenty six.

65
00:03:26.280 --> 00:03:28.639
<v Speaker 1>That's not a guarantee, that's not a certainty. I know

66
00:03:28.719 --> 00:03:31.000
<v Speaker 1>many if you want certainties, but no one has a

67
00:03:31.039 --> 00:03:34.039
<v Speaker 1>crystal ball. So we want to at least use the data.

68
00:03:34.159 --> 00:03:37.000
<v Speaker 1>And we've been seeing macro factors like what the FED

69
00:03:37.039 --> 00:03:40.159
<v Speaker 1>and the central banks are doing, returning to quantitative easing

70
00:03:40.840 --> 00:03:44.560
<v Speaker 1>in addition to rate cuts and liquidity continuing to rise.

71
00:03:44.599 --> 00:03:47.960
<v Speaker 1>I think all of these things will drive asset prices higher.

72
00:03:48.240 --> 00:03:50.879
<v Speaker 1>And I'm not the only one who believes that. Here

73
00:03:51.199 --> 00:03:54.800
<v Speaker 1>here's the headline, Massive liquidity injections to boost bitcoin price

74
00:03:54.840 --> 00:03:59.039
<v Speaker 1>in twenty twenty six, crypto executive says so Bill Barheight,

75
00:03:59.199 --> 00:04:02.759
<v Speaker 1>who is these CEO of Crypto Exchange and wallet Abra.

76
00:04:03.039 --> 00:04:05.800
<v Speaker 1>He said he expects a ton of liquidity injections from

77
00:04:05.800 --> 00:04:09.000
<v Speaker 1>the US Federal Reserve next year as policy makers continue

78
00:04:09.039 --> 00:04:13.560
<v Speaker 1>cutting interest rates, potentially reviving quantitative easing and boosting risk

79
00:04:13.639 --> 00:04:16.560
<v Speaker 1>assets such as bitcoin. Here's a quote. We are seeing

80
00:04:16.680 --> 00:04:19.480
<v Speaker 1>quantitative easing light right now, so we all know the

81
00:04:19.519 --> 00:04:23.199
<v Speaker 1>FED start a Q again on December twelfth, right, and

82
00:04:23.319 --> 00:04:25.279
<v Speaker 1>he says here, the FED is starting to buy its

83
00:04:25.319 --> 00:04:28.519
<v Speaker 1>own bonds. I think demand for government debt is going

84
00:04:28.560 --> 00:04:32.120
<v Speaker 1>to fall significantly next year along with lower rates. All

85
00:04:32.160 --> 00:04:35.879
<v Speaker 1>of this bodes well for assets, including bitcoin. So I

86
00:04:35.920 --> 00:04:39.199
<v Speaker 1>absolutely agree with this thesis. Now this is fact, right,

87
00:04:39.199 --> 00:04:41.240
<v Speaker 1>this is what the Fed and the central banks are doing.

88
00:04:41.360 --> 00:04:44.079
<v Speaker 1>So that's why I'm anticipating it. And the other major

89
00:04:44.160 --> 00:04:47.480
<v Speaker 1>factor is the Crypto Market Structure Bill is expected to

90
00:04:47.560 --> 00:04:50.480
<v Speaker 1>pass in early twenty twenty six, and that's a major

91
00:04:50.560 --> 00:04:53.160
<v Speaker 1>catalyst that will unlock a lot of liquidity and innovation.

92
00:04:53.680 --> 00:04:57.040
<v Speaker 1>So here's the headline. US lawmakers expect to address market

93
00:04:57.079 --> 00:05:02.240
<v Speaker 1>structure markup in January. So there's multiple phases to getting

94
00:05:02.240 --> 00:05:04.839
<v Speaker 1>this bill passed and eventually you know, going to Donald

95
00:05:04.879 --> 00:05:07.439
<v Speaker 1>Trump for signatures. It has to go through the markup

96
00:05:07.560 --> 00:05:11.439
<v Speaker 1>and approvals for discussion, and you know the government process essentially.

97
00:05:11.600 --> 00:05:14.000
<v Speaker 1>But according to reports and people familiar with the matter,

98
00:05:14.079 --> 00:05:17.519
<v Speaker 1>the Banking Committee could hold a markup for the Responsible

99
00:05:17.560 --> 00:05:20.800
<v Speaker 1>Financial Innovation Act during the second week of January. The

100
00:05:20.839 --> 00:05:24.639
<v Speaker 1>event would mark progress on advancing legislation that has been

101
00:05:24.720 --> 00:05:28.879
<v Speaker 1>slowed by Democratic lawmakers' concerns over decentralized finance and the

102
00:05:28.959 --> 00:05:34.480
<v Speaker 1>longest US government shut down in history. So let's see,

103
00:05:34.759 --> 00:05:38.040
<v Speaker 1>let's see what happens. We got quite a few bills here, obviously,

104
00:05:38.120 --> 00:05:41.040
<v Speaker 1>the major one being the market structure. But I do

105
00:05:41.199 --> 00:05:44.279
<v Speaker 1>believe that they're going to try to get this done.

106
00:05:44.439 --> 00:05:47.000
<v Speaker 1>So this would be a major catalyst. And I've been

107
00:05:47.040 --> 00:05:49.600
<v Speaker 1>saying it NonStop. I don't believe the market makers are

108
00:05:49.639 --> 00:05:52.360
<v Speaker 1>going to leave this type of event on the table,

109
00:05:52.720 --> 00:05:56.160
<v Speaker 1>which would be a major bider rumor sell the news event. Right,

110
00:05:56.199 --> 00:05:59.560
<v Speaker 1>you have a massive run up. People are talking about

111
00:05:59.720 --> 00:06:01.720
<v Speaker 1>how great this bill is going to be, and it

112
00:06:01.800 --> 00:06:04.399
<v Speaker 1>will be great, but again it's it's kind of the

113
00:06:04.439 --> 00:06:08.079
<v Speaker 1>information for the masses, not the financially educated, as we've

114
00:06:08.120 --> 00:06:10.120
<v Speaker 1>seen in the stock market and much more. Plus you

115
00:06:10.160 --> 00:06:13.399
<v Speaker 1>got crypto companies and AI companies and much we are

116
00:06:13.439 --> 00:06:17.680
<v Speaker 1>looking to go public. So I don't believe we're sliding

117
00:06:17.759 --> 00:06:21.319
<v Speaker 1>down into the depths of a bear market. And that

118
00:06:21.360 --> 00:06:23.680
<v Speaker 1>does not mean, by the way, that we won't see

119
00:06:23.720 --> 00:06:28.959
<v Speaker 1>further corrections. So bitquin could dump literally the beginning of January.

120
00:06:29.120 --> 00:06:31.839
<v Speaker 1>It could literally dump down to seventy something thousand dollars, right,

121
00:06:31.879 --> 00:06:36.240
<v Speaker 1>so just be prepared for that. But still be structurally

122
00:06:36.319 --> 00:06:40.959
<v Speaker 1>sound to continue upwards. Now, folks, big news from Donald Trump.

123
00:06:41.040 --> 00:06:44.120
<v Speaker 1>So Trump Media plans a one to one blockchain token

124
00:06:44.199 --> 00:06:49.480
<v Speaker 1>rewards for shareholders. So Donald Trump continues his crypto endeavors here.

125
00:06:49.839 --> 00:06:54.040
<v Speaker 1>Trump Media and Technology Group, operator of US President Donald

126
00:06:54.040 --> 00:06:57.040
<v Speaker 1>Trump's Truth Social said Wednesday it plans to roll out

127
00:06:57.079 --> 00:07:01.000
<v Speaker 1>a blockchain token for shareholders that entire them to perks

128
00:07:01.040 --> 00:07:04.879
<v Speaker 1>and rewards. This is interesting. The DJT token will be

129
00:07:04.959 --> 00:07:09.199
<v Speaker 1>launched in collaboration with Cryptoexchangecrypto dot com and the distribution

130
00:07:09.279 --> 00:07:12.600
<v Speaker 1>to existing shareholders set at a one to one ratio

131
00:07:12.879 --> 00:07:16.160
<v Speaker 1>or one token per share owned, according to announcement from

132
00:07:16.160 --> 00:07:20.000
<v Speaker 1>the company, The token may include rewards and perks for

133
00:07:20.199 --> 00:07:24.759
<v Speaker 1>DJT shareholders, including discounts on the Truth Social platform, the

134
00:07:24.839 --> 00:07:29.839
<v Speaker 1>Truth Plus media streaming platform, and prediction market truth Predict. However,

135
00:07:29.959 --> 00:07:32.360
<v Speaker 1>the token is not a tokenized stock and does not

136
00:07:32.720 --> 00:07:36.519
<v Speaker 1>entitle holders to shareholder rights or acclaim on the company's

137
00:07:36.560 --> 00:07:40.920
<v Speaker 1>future earnings. Trump Media confirmed to coin Telegraph. So the

138
00:07:41.000 --> 00:07:44.720
<v Speaker 1>token showcases how blockchain technology can be paired with traditional

139
00:07:44.720 --> 00:07:48.319
<v Speaker 1>acid classes to provide benefits to holders, but also highlights

140
00:07:48.319 --> 00:07:51.560
<v Speaker 1>how tokenized equity products do not necessarily grant the same

141
00:07:51.680 --> 00:07:56.120
<v Speaker 1>rights as ownership of the underlying asset. So, folks, let's

142
00:07:56.160 --> 00:07:58.480
<v Speaker 1>peel back the onion here. There's many layers to it.

143
00:07:58.639 --> 00:08:02.040
<v Speaker 1>On one hand, this is great. It shows adoption, It

144
00:08:02.079 --> 00:08:04.639
<v Speaker 1>shows the power up blockchain and how that can be

145
00:08:04.720 --> 00:08:09.079
<v Speaker 1>used in different ways and reward people for different activities

146
00:08:09.199 --> 00:08:11.920
<v Speaker 1>as part of different ecosystems and so on and so forth.

147
00:08:12.000 --> 00:08:14.879
<v Speaker 1>Right network effects playing out here. On the other hand,

148
00:08:15.800 --> 00:08:19.600
<v Speaker 1>this is something I wish Donald Trump would stay away from.

149
00:08:19.959 --> 00:08:22.759
<v Speaker 1>I'm not saying his kids can't be involved in crypto

150
00:08:22.959 --> 00:08:25.120
<v Speaker 1>and do all these things, but the problem is it

151
00:08:25.279 --> 00:08:27.720
<v Speaker 1>just muddies the water, especially as we're trying to get

152
00:08:27.759 --> 00:08:31.000
<v Speaker 1>market structure pass and we know that Democrats are looking

153
00:08:31.040 --> 00:08:33.600
<v Speaker 1>for anything to say, hey, we don't want to do

154
00:08:33.639 --> 00:08:35.960
<v Speaker 1>this because it's gonna benefit Trump. So I wish Trump

155
00:08:35.960 --> 00:08:37.759
<v Speaker 1>would hold off on these things. And you know, many

156
00:08:37.759 --> 00:08:39.440
<v Speaker 1>of you know I'm not a fan of the meme coin,

157
00:08:39.600 --> 00:08:41.240
<v Speaker 1>and you know I tell it like it is, guys.

158
00:08:41.320 --> 00:08:43.879
<v Speaker 1>I don't hold back. I don't have a secret agenda.

159
00:08:44.000 --> 00:08:46.440
<v Speaker 1>Just I'm gonna be real with you, guys. I wish

160
00:08:46.960 --> 00:08:50.039
<v Speaker 1>even if it was a Democrat president or whoever, don't

161
00:08:50.039 --> 00:08:53.080
<v Speaker 1>do stuff like this. This is not helpful, so I

162
00:08:53.080 --> 00:08:56.200
<v Speaker 1>think it's just bad optics. But again, there's two sides

163
00:08:56.200 --> 00:08:58.440
<v Speaker 1>to the coin. Again, I'm looking at it, it's like, wow,

164
00:08:58.480 --> 00:09:01.279
<v Speaker 1>this is pretty amazing from an adoption standpoint. But on

165
00:09:01.320 --> 00:09:03.600
<v Speaker 1>the other hand, come on, man, you're the president. We're

166
00:09:03.600 --> 00:09:07.080
<v Speaker 1>trying to get crypto market structure passed here. We don't

167
00:09:07.120 --> 00:09:10.919
<v Speaker 1>need further roadblocks and hiccups in the system. So that's

168
00:09:10.960 --> 00:09:12.360
<v Speaker 1>my take on it. I don't know if you guys

169
00:09:12.399 --> 00:09:15.679
<v Speaker 1>agree with me, but it just a lot of this

170
00:09:15.799 --> 00:09:18.240
<v Speaker 1>is just bad optics. I don't think they're trying to

171
00:09:18.279 --> 00:09:22.440
<v Speaker 1>do anything bad, but just the perception and the optics

172
00:09:22.519 --> 00:09:26.440
<v Speaker 1>is just horrible. Right, So let's see hopefully this does

173
00:09:26.600 --> 00:09:30.360
<v Speaker 1>not delay us further with that crypto market structure built.

174
00:09:31.240 --> 00:09:35.759
<v Speaker 1>In addition, speaking of Trump, wallets tied to the Trump

175
00:09:35.840 --> 00:09:38.080
<v Speaker 1>meme coin once again, which I'm not a fan of,

176
00:09:38.919 --> 00:09:42.320
<v Speaker 1>the meme coin team pulled ninety four million dollars in

177
00:09:42.480 --> 00:09:46.440
<v Speaker 1>us DC stable coin to coinbase in December, so some

178
00:09:46.519 --> 00:09:49.159
<v Speaker 1>on chain data is showing some movement here. So on

179
00:09:49.279 --> 00:09:53.120
<v Speaker 1>chain analysts tracking the official Trump meme coin on Solona

180
00:09:53.200 --> 00:09:57.000
<v Speaker 1>have flagged large transfers from wallets labeled as parts of

181
00:09:57.039 --> 00:10:00.679
<v Speaker 1>the official Trump Meme cluster, moving about ninety four million

182
00:10:00.759 --> 00:10:03.799
<v Speaker 1>in USDC from the Trump Meme coin liquidity pools over

183
00:10:03.840 --> 00:10:07.480
<v Speaker 1>the past month. The most recent movement, highlighted by blockchain

184
00:10:07.559 --> 00:10:11.919
<v Speaker 1>data platform Arkham, involved thirty three million usd C being

185
00:10:11.960 --> 00:10:15.559
<v Speaker 1>withdrawn from liquidity on Tuesday and sent to an entity

186
00:10:15.639 --> 00:10:19.679
<v Speaker 1>labeled fire Blocks, which then routed funds to wallets labeled

187
00:10:19.720 --> 00:10:23.679
<v Speaker 1>as belonging to coinbase. Public Salona records on soul Scan

188
00:10:23.879 --> 00:10:29.480
<v Speaker 1>collaborate or corroborate the large USDC outflows from Trump link wallets.

189
00:10:29.840 --> 00:10:33.039
<v Speaker 1>So again bad optics here. But again, you know, as

190
00:10:33.039 --> 00:10:35.879
<v Speaker 1>I've said before, I believe Trump is a net positive. Right.

191
00:10:36.279 --> 00:10:39.679
<v Speaker 1>Things have completely changed with the regulatory agencies, the SEC,

192
00:10:39.799 --> 00:10:43.720
<v Speaker 1>specifically the CFDC as well and ending some of Operation

193
00:10:43.840 --> 00:10:45.720
<v Speaker 1>Choke point two point zero, even though the banks are

194
00:10:45.720 --> 00:10:48.440
<v Speaker 1>trying to do another version of it. But overall we

195
00:10:48.480 --> 00:10:52.480
<v Speaker 1>are in a better environment. But you know, I'm hoping

196
00:10:52.559 --> 00:10:56.080
<v Speaker 1>eventually all that leads in twenty twenty six to a

197
00:10:56.200 --> 00:10:59.600
<v Speaker 1>massive bull market, because if it doesn't, then, you know,

198
00:11:00.080 --> 00:11:04.279
<v Speaker 1>despite the clarity and the movement of legislation and the

199
00:11:04.399 --> 00:11:07.919
<v Speaker 1>attack being you know, put to bed from a regulatory

200
00:11:07.919 --> 00:11:13.360
<v Speaker 1>agencies the price is not there, and that would really suck.

201
00:11:13.480 --> 00:11:18.240
<v Speaker 1>So let's hope, guys, things turn the corner in twenty

202
00:11:18.279 --> 00:11:21.399
<v Speaker 1>twenty six. And I believe they will because markets are cyclical,

203
00:11:21.440 --> 00:11:25.080
<v Speaker 1>and I believe that, you know, the liquidity cycle again

204
00:11:25.200 --> 00:11:29.240
<v Speaker 1>disrupted by the terriff situation as well as even the

205
00:11:29.240 --> 00:11:32.679
<v Speaker 1>government shut down, right, but I believe liquidity will start

206
00:11:32.720 --> 00:11:35.399
<v Speaker 1>to flow back in and markets will start to move,

207
00:11:35.480 --> 00:11:39.080
<v Speaker 1>And again I'm leading towards the probability of new all

208
00:11:39.200 --> 00:11:42.879
<v Speaker 1>time highs in twenty twenty six. Okay, quick word from

209
00:11:42.919 --> 00:11:45.399
<v Speaker 1>our sponsor, and that is Proppy. Propy is leading to

210
00:11:45.519 --> 00:11:48.399
<v Speaker 1>charge with putting real estate on chain. Folks. You can

211
00:11:48.519 --> 00:11:52.600
<v Speaker 1>buy and sell real estate on Propy's platform using cryptos.

212
00:11:52.639 --> 00:11:54.240
<v Speaker 1>If you want to sell your house or bitcoin, or

213
00:11:54.240 --> 00:11:56.039
<v Speaker 1>buy a house or a bigcoin, you can do that

214
00:11:56.360 --> 00:11:59.320
<v Speaker 1>with Propy, and the platform is powered by blockchain and AI.

215
00:11:59.840 --> 00:12:02.919
<v Speaker 1>So I've been an investor in the property token since

216
00:12:02.960 --> 00:12:05.919
<v Speaker 1>twenty eighteen. I discovered them around that time, and I'm like,

217
00:12:05.960 --> 00:12:08.440
<v Speaker 1>wait a minute. If blockchain is going to be adopted

218
00:12:08.440 --> 00:12:12.639
<v Speaker 1>by different industries, real estate is primed to be disrupted

219
00:12:12.639 --> 00:12:18.240
<v Speaker 1>by blockchain technology. So they've been putting deeds on chain.

220
00:12:18.320 --> 00:12:21.679
<v Speaker 1>They've created NFTs for properties. They've been around since twenty seventeen.

221
00:12:22.120 --> 00:12:26.159
<v Speaker 1>They've facilitated over five billion dollars in deals, and they

222
00:12:26.279 --> 00:12:29.399
<v Speaker 1>use coinbase for the escrow service, the crypto escor service

223
00:12:29.399 --> 00:12:32.440
<v Speaker 1>for the buying and selling and billionaire investor Tim Draper

224
00:12:32.679 --> 00:12:34.840
<v Speaker 1>is an investor in his company. He's very bullish, he

225
00:12:34.879 --> 00:12:37.679
<v Speaker 1>has been for a long time. So once again Propy

226
00:12:37.759 --> 00:12:40.279
<v Speaker 1>is doing some amazing things. They are ahead of the

227
00:12:40.360 --> 00:12:43.159
<v Speaker 1>curve here, and we know the world's largest asset class,

228
00:12:43.200 --> 00:12:46.720
<v Speaker 1>real estate, is going on chain, folks, all assets will

229
00:12:47.200 --> 00:12:49.960
<v Speaker 1>and even the buying and selling process and all the

230
00:12:50.440 --> 00:12:54.279
<v Speaker 1>intricacies of real estate and mortgages and so forth. It's

231
00:12:54.320 --> 00:12:55.960
<v Speaker 1>going to be on the blockchain and probably is the

232
00:12:56.039 --> 00:12:58.159
<v Speaker 1>leader here. So folks, if you'd like to learn more

233
00:12:58.200 --> 00:13:00.879
<v Speaker 1>about Propy, go to property dot com. Link would be

234
00:13:00.960 --> 00:13:04.080
<v Speaker 1>in the description. Okay, look at this news. Digital id

235
00:13:04.360 --> 00:13:08.519
<v Speaker 1>cbdc's risk turning us into a surveillance state, according to

236
00:13:08.679 --> 00:13:12.360
<v Speaker 1>US representative Warren Davidson. Now, Warren Davidson has been a

237
00:13:12.399 --> 00:13:14.720
<v Speaker 1>big champion for crypto for many years, going back to

238
00:13:14.799 --> 00:13:18.639
<v Speaker 1>like twenty seventeen. Guys and I interviewed him. Even Ron

239
00:13:18.679 --> 00:13:20.480
<v Speaker 1>Hammond who used to be a frequent guest on this

240
00:13:20.519 --> 00:13:23.960
<v Speaker 1>podcast when he was at the Blockchain Association, was working

241
00:13:23.960 --> 00:13:27.600
<v Speaker 1>with him to put legislation through. I remember they crafted

242
00:13:27.600 --> 00:13:30.600
<v Speaker 1>the Token Taxonomy Act. That's how early they were, right

243
00:13:30.639 --> 00:13:33.200
<v Speaker 1>before all of these things that are we're seeing this year.

244
00:13:33.759 --> 00:13:37.440
<v Speaker 1>So I absolutely value his perspective on the markets. And

245
00:13:37.879 --> 00:13:41.720
<v Speaker 1>you know he's highlighting that potentially the Genius Act, the

246
00:13:41.759 --> 00:13:46.480
<v Speaker 1>Stable Cooint Bill, it could enable a wholesale version of

247
00:13:46.559 --> 00:13:50.000
<v Speaker 1>a US dollars central back digital currency or a CBDC

248
00:13:50.480 --> 00:13:55.519
<v Speaker 1>that could be used for surveillance, coercion, and control. He

249
00:13:55.600 --> 00:13:58.559
<v Speaker 1>also fears a digital ID system will be rolled out

250
00:13:58.639 --> 00:14:02.039
<v Speaker 1>that forces Americans to get government permission to use your

251
00:14:02.080 --> 00:14:05.279
<v Speaker 1>own money. He says, do not be deceived. We need

252
00:14:05.320 --> 00:14:08.919
<v Speaker 1>to reject this globalist surveillance state and return to the

253
00:14:09.320 --> 00:14:13.240
<v Speaker 1>first principles. He added, reminding his followers that Bitcoin's original

254
00:14:13.279 --> 00:14:17.240
<v Speaker 1>promise was less than about being an illiquid inflation hedge

255
00:14:17.279 --> 00:14:21.320
<v Speaker 1>asset and more about being permissionless, peer to peer payment system. Now,

256
00:14:21.360 --> 00:14:23.679
<v Speaker 1>one of the things I highlighted to you guys, I

257
00:14:23.679 --> 00:14:27.559
<v Speaker 1>think within the past four weeks is that the anti

258
00:14:27.679 --> 00:14:31.360
<v Speaker 1>CBDC bill, which was supposed to be passed with the

259
00:14:31.399 --> 00:14:35.600
<v Speaker 1>Defense Act did not get included. That news is not

260
00:14:35.679 --> 00:14:38.879
<v Speaker 1>making as much headlines as they should have. So, you know,

261
00:14:39.279 --> 00:14:42.320
<v Speaker 1>that bill was put forth by guys like Tom emer

262
00:14:42.360 --> 00:14:45.360
<v Speaker 1>and others. It didn't make it through, guys, doesn't mean

263
00:14:45.360 --> 00:14:48.360
<v Speaker 1>it won't ever be passed, but that is a roadblock,

264
00:14:48.399 --> 00:14:51.200
<v Speaker 1>and it looks like someone is trying to roadblock that.

265
00:14:51.320 --> 00:14:53.759
<v Speaker 1>And it could be people that the Fed, you know,

266
00:14:53.799 --> 00:14:56.679
<v Speaker 1>the banks and so forth. They want this, they want

267
00:14:56.720 --> 00:15:01.200
<v Speaker 1>that wholesale CBDC. One of the things I've been highlighting

268
00:15:01.200 --> 00:15:05.000
<v Speaker 1>to you guys, and is that what Chris John Carlow,

269
00:15:05.879 --> 00:15:08.639
<v Speaker 1>who was you know, founder of the Digital Dollar Project,

270
00:15:09.120 --> 00:15:11.720
<v Speaker 1>was telling us for years, and that is the same

271
00:15:11.759 --> 00:15:15.200
<v Speaker 1>concerns people have about CBDCs they should also have about

272
00:15:15.320 --> 00:15:18.600
<v Speaker 1>stable coins, because if the stable coins are being plugged

273
00:15:18.600 --> 00:15:21.000
<v Speaker 1>in or owned by the banks, are plugged into the treasury,

274
00:15:21.440 --> 00:15:24.080
<v Speaker 1>the same type of thing can be done, you know,

275
00:15:24.120 --> 00:15:27.799
<v Speaker 1>with programmability and surveillance and so forth. So we got

276
00:15:27.799 --> 00:15:29.879
<v Speaker 1>some work to do here, and we're gonna have to

277
00:15:29.879 --> 00:15:33.919
<v Speaker 1>see how things develop. You know, could the anti CBDC

278
00:15:34.600 --> 00:15:38.039
<v Speaker 1>bills still get passed in twenty twenty six, That's I'm

279
00:15:38.080 --> 00:15:40.759
<v Speaker 1>gonna be asking people in DC. I'm going to be

280
00:15:40.799 --> 00:15:43.639
<v Speaker 1>bringing more members of Congress on the podcasts to talk

281
00:15:43.639 --> 00:15:46.200
<v Speaker 1>to them about this. I'll probably bring back Warren Davidson

282
00:15:46.240 --> 00:15:48.440
<v Speaker 1>to talk about what the hell is going on here.

283
00:15:49.840 --> 00:15:55.000
<v Speaker 1>So even Representative Marjorie Marjorie Taylor Green said she voted

284
00:15:55.159 --> 00:15:58.159
<v Speaker 1>no to the Genius Act, arguing it hands powers over

285
00:15:58.200 --> 00:16:02.080
<v Speaker 1>to the banks while up opening a backdoor for a CBDC.

286
00:16:02.919 --> 00:16:06.759
<v Speaker 1>So we're gonna have to see how things play out here, guys,

287
00:16:06.759 --> 00:16:08.879
<v Speaker 1>and I'm gonna try to get some answers for you all.

288
00:16:08.919 --> 00:16:11.759
<v Speaker 1>But this is something to keep an eye on because

289
00:16:11.919 --> 00:16:14.679
<v Speaker 1>we know the banks are lobbying hard right now to

290
00:16:14.840 --> 00:16:17.200
<v Speaker 1>change things in the Genius Act. They don't like that

291
00:16:17.240 --> 00:16:20.679
<v Speaker 1>you're getting yield of course on crypto exchanges like uphold

292
00:16:20.759 --> 00:16:24.559
<v Speaker 1>and coinbase, and you can earn a higher rate of

293
00:16:24.600 --> 00:16:28.000
<v Speaker 1>return on staking stable con yield versus what they're giving

294
00:16:28.039 --> 00:16:32.080
<v Speaker 1>you in your checking or savings accounts. Right, So we

295
00:16:32.200 --> 00:16:35.480
<v Speaker 1>got to watch this closely. Now, speaking of cbdc's, look

296
00:16:35.480 --> 00:16:39.840
<v Speaker 1>at this. India's Central Bank urges countries to prioritize CBDCs

297
00:16:39.879 --> 00:16:43.200
<v Speaker 1>over stable coins. So we got to be vigilant here, folks.

298
00:16:43.320 --> 00:16:45.559
<v Speaker 1>We got to be vigilant. Look, I live in the US,

299
00:16:45.600 --> 00:16:47.360
<v Speaker 1>so I can only speak for the US. You know,

300
00:16:47.440 --> 00:16:49.799
<v Speaker 1>those of you listening across the world, you got to

301
00:16:49.960 --> 00:16:51.840
<v Speaker 1>watch out for this right. And some of you may

302
00:16:51.879 --> 00:16:56.200
<v Speaker 1>not care, but you know, personally, I do. And I

303
00:16:56.279 --> 00:16:58.559
<v Speaker 1>think about my daughter as well, you know, as she

304
00:16:58.679 --> 00:17:00.639
<v Speaker 1>grows up and what role she is going to be in.

305
00:17:00.720 --> 00:17:03.480
<v Speaker 1>So I think we've got to fight to make sure

306
00:17:03.600 --> 00:17:07.400
<v Speaker 1>our rights are not trampled on. So I think we're

307
00:17:07.400 --> 00:17:09.400
<v Speaker 1>going to see a lot of different central banks push

308
00:17:09.440 --> 00:17:14.079
<v Speaker 1>for CBDCs. It looks like the CBDC movement is building

309
00:17:14.119 --> 00:17:18.200
<v Speaker 1>momentum again. So the Reserve Bank of India has urged

310
00:17:18.240 --> 00:17:21.799
<v Speaker 1>countries to focus on central bank digital currencies over privately

311
00:17:21.880 --> 00:17:26.079
<v Speaker 1>issued stable coins, citing concerns about financial stability. In its

312
00:17:26.119 --> 00:17:30.440
<v Speaker 1>December Financial Stability Report release on Wednesday, the RBI argue

313
00:17:30.480 --> 00:17:34.039
<v Speaker 1>this that CBDCs preserved the single ness of money and

314
00:17:34.079 --> 00:17:37.240
<v Speaker 1>the integrity of the financial system and should remain as

315
00:17:37.279 --> 00:17:41.839
<v Speaker 1>the ultimate settlement asset and the anchor for trust in money.

316
00:17:43.160 --> 00:17:45.359
<v Speaker 1>And one of the things the article gives context on

317
00:17:45.640 --> 00:17:49.079
<v Speaker 1>is that so far, the CBDCs that have been successfully

318
00:17:49.200 --> 00:17:54.079
<v Speaker 1>launched around the world includes Nigeria, Bahamas, and Jamaica. But

319
00:17:54.240 --> 00:17:58.160
<v Speaker 1>China will argue China's CBDC, the digital Yuwan, that one

320
00:17:58.240 --> 00:18:00.279
<v Speaker 1>is pretty big and they're trying to you know, do

321
00:18:00.759 --> 00:18:04.079
<v Speaker 1>loans and interest on that now. So we got to

322
00:18:04.079 --> 00:18:08.799
<v Speaker 1>watch out, guys, the movement that was happening, you know,

323
00:18:08.920 --> 00:18:10.680
<v Speaker 1>years ago. If people like, yeah, that's it, we're not

324
00:18:10.720 --> 00:18:13.000
<v Speaker 1>going to have a CBDC here, and we're going to

325
00:18:13.119 --> 00:18:17.519
<v Speaker 1>put up this ebed starting to pop up again. So

326
00:18:18.200 --> 00:18:21.119
<v Speaker 1>I will continue to bring folks on the podcast to

327
00:18:21.160 --> 00:18:24.559
<v Speaker 1>talk to them about it, and we can monitor this accordingly.

328
00:18:25.119 --> 00:18:27.160
<v Speaker 1>All right, folks, that's the news. Let me know what

329
00:18:27.240 --> 00:18:29.039
<v Speaker 1>you think. Leave your thoughts and comments below, hit the

330
00:18:29.079 --> 00:18:31.640
<v Speaker 1>thumbs up button. Be sure to support the podcast by

331
00:18:31.680 --> 00:18:34.160
<v Speaker 1>subscribing to my free email newsletter. I'll be doing a

332
00:18:34.200 --> 00:18:36.000
<v Speaker 1>full write up on Friday, so you don't want to

333
00:18:36.000 --> 00:18:39.279
<v Speaker 1>miss that write up. Check out my book on Amazon's

334
00:18:39.279 --> 00:18:41.640
<v Speaker 1>available in paperback and digital. Grab a copy and check

335
00:18:41.640 --> 00:18:45.440
<v Speaker 1>out my course at Mycrypto course dot com. Folks, thank

336
00:18:45.480 --> 00:18:48.039
<v Speaker 1>you for tuning in, wishing you all a happy new year.

337
00:18:48.079 --> 00:18:50.480
<v Speaker 1>It's probably the new year already for many of you

338
00:18:50.640 --> 00:18:55.160
<v Speaker 1>watching and listening and wishing you a happy, healthy and

339
00:18:55.279 --> 00:18:58.480
<v Speaker 1>prosperous year for you and your family, and you know,

340
00:18:58.559 --> 00:19:01.000
<v Speaker 1>maybe you have good fortune, and then made the markets

341
00:19:01.039 --> 00:19:04.799
<v Speaker 1>bring us some new higher highs and higher prices and

342
00:19:04.839 --> 00:19:08.039
<v Speaker 1>a blow off top and we make some really nice returns.

343
00:19:08.400 --> 00:19:18.400
<v Speaker 1>Or folks, I'll catch you on the next one.