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<v Speaker 1>Welcome back to another episode of the XRP Pod.

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<v Speaker 2>Today is going to be fun because I've got Camila

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<v Speaker 2>joining me and you have seen her out there on

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<v Speaker 2>YouTube talking about XRP.

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<v Speaker 1>Camilla, welcome to the show.

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<v Speaker 3>Thank you, Thank you so much for having me well respected.

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<v Speaker 3>You're one of the reasons why I keep up with

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<v Speaker 3>what's happening. You know, with cryptocurrency XRP, you put a

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<v Speaker 3>lot of content out and I just keep up with it,

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<v Speaker 3>and so I appreciate all that you're doing for the

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<v Speaker 3>cryptocurrency space and the XRP space and the community.

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<v Speaker 2>Well, you know, we covered tech for many years in

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<v Speaker 2>growing the channels in the podcast. Originally we launched with

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<v Speaker 2>mostly robotics, AI, autonomy, and crypto. There were four cornerstones

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<v Speaker 2>of our content, and I guess it was around twenty

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<v Speaker 2>nineteen twenty twenty when crypto really became, at least for

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<v Speaker 2>me and our research team, became a passion for just interest.

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<v Speaker 1>And the reason that I tell everyone.

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<v Speaker 2>Is because it has the opportunity to help so many people.

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<v Speaker 4>YEA.

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<v Speaker 2>You know, if you invest in a robotics company or

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<v Speaker 2>you know, an AI company, you may not see and

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<v Speaker 2>most of the time you can't even get into a

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<v Speaker 2>stock because the stock price is too high. You didn't

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<v Speaker 2>have token I security, so it was always a barrier

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<v Speaker 2>to entry. So that was one of the reasons I

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<v Speaker 2>felt like crypto was just.

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<v Speaker 1>A good a good fit. So tell us a little

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<v Speaker 1>bit about what you do.

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<v Speaker 2>Primarily, I've had a chance to watch several of your

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<v Speaker 2>episodes I follow you. You really get into kind of

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<v Speaker 2>the thesis of investing more so than what to invest in,

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<v Speaker 2>but the kind of the mindset of investing.

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<v Speaker 1>Talk to me a little bit about that.

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<v Speaker 3>Yeah, So so my approach is a little different. I

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<v Speaker 3>honestly don't think that people their biggest issue is, you know,

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<v Speaker 3>oh what asset you know, should I get into? What

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<v Speaker 3>investment should I get into? I don't think they need

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<v Speaker 3>to be super brilliant about that. And as you stated,

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<v Speaker 3>just switching over into you know, the area of cryptocurrency,

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<v Speaker 3>there's a great opportunity there.

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<v Speaker 4>But I think the problem.

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<v Speaker 3>That people have even about you know, what people get

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<v Speaker 3>wrong about change because obviously there needs to be evolution

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<v Speaker 3>if people are going to finally, you know, find themselves

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<v Speaker 3>into financial freedom. So one of my approaches is that

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<v Speaker 3>the human behavior we like to kind of jump over mountains.

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<v Speaker 4>A lot of people like.

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<v Speaker 3>To gamble, they like to have quick wins, no doubt,

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<v Speaker 3>but most people.

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<v Speaker 4>Are not just going to transform overnight. You know.

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<v Speaker 3>When that happened when people try to take those big leaps,

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<v Speaker 3>you know, with gambling and trying to go all in

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<v Speaker 3>or you know, it's either all or none. What happens

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<v Speaker 3>is that I understand how the brain works, and their

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<v Speaker 3>brain starts to panic, you know, because to the brain,

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<v Speaker 3>a massive sudden leap registers as threat to them, and

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<v Speaker 3>a threatned brain starts to freeze. And this is what

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<v Speaker 3>you see when people are in the market. So nothing happens,

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<v Speaker 3>and then they often blame. They go over to blaming,

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<v Speaker 3>oh I need willpower in order to do this, when

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<v Speaker 3>really it's just the brain doing exactly what it's wired

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<v Speaker 3>to do. The brain responds very beautifully to very small steps,

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<v Speaker 3>so that is permitted.

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<v Speaker 4>Yeah, definitely.

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<v Speaker 1>Yeah.

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<v Speaker 4>The brain is not fixed too.

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<v Speaker 3>It's changing all the time, which means your habits and

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<v Speaker 3>your decisions can change, even if you are making decisions

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<v Speaker 3>about the market, what to buy, how to investor, or whatever.

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<v Speaker 4>But when you take small steps to.

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<v Speaker 3>A goal, the brain releases what you call dopamine, which

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<v Speaker 3>is the chemistry of motivation and reward, and that hit

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<v Speaker 3>is the brain saying that felt good, let me do

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<v Speaker 3>it again. And that's how people win the game is

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<v Speaker 3>these small steps, and that's the approach that I take.

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<v Speaker 2>Well, a lot of I know, a lot of crypto

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<v Speaker 2>traders kind of come from the gaming community. We've seen

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<v Speaker 2>a big part of that transition. And obviously in the

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<v Speaker 2>gaming community you get a lot of that very issue,

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<v Speaker 2>which is you know, they're in it for the hunt.

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<v Speaker 1>The dopamine has come in.

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<v Speaker 2>You know it's the next it's the next attack or

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<v Speaker 2>challenge in the game itself. And you apply that to trading,

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<v Speaker 2>and it's different because you no longer are really in

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<v Speaker 2>control of the markets.

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<v Speaker 1>The markets are kind of in control of you.

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<v Speaker 2>What you're trying to do is get behind whether it's

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<v Speaker 2>a particular asset or a thesis, because some people might say, hey,

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<v Speaker 2>it's it's just going to be the top ten digital assets,

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<v Speaker 2>or I'm going to get into gold and silver, I'm

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<v Speaker 2>going to get into ETFs, whatever that thesis is for

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<v Speaker 2>you guys. I think the key there is being having

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<v Speaker 2>a conviction around it and over time and that only

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<v Speaker 2>comes with education, which you have to give yourself. And

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<v Speaker 2>then it also comes I think with a little bit

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<v Speaker 2>of tolerance in the market, just like right now what

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<v Speaker 2>we're dealing with. I mean, here we are trading like

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<v Speaker 2>crazy in terms of volatility, and do you find people

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<v Speaker 2>making these common mistakes that are brand new to crypto

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<v Speaker 2>and then just completely abandoning the idea of crypto?

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<v Speaker 4>Oh?

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<v Speaker 3>Absolutely, And I think if we have another leg down,

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<v Speaker 3>if something happened to it, that's it. Most most people

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<v Speaker 3>are going to get out and seriously, and the reason

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<v Speaker 3>why is because the only people who are going to

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<v Speaker 3>be left standing are the people who have conviction. And

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<v Speaker 3>conviction what people don't understand about convictions, it's emotional. It's

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<v Speaker 3>an emotional it's a skill, you know, to build conviction.

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<v Speaker 3>And this is something that most investors do not understand

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<v Speaker 3>about themselves. Every single financial decision is an emotional decision.

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<v Speaker 4>People believe that they're being.

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<v Speaker 3>Purely logical when it comes to the market or trading

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<v Speaker 3>or investing, but the logical part of the brain mostly

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<v Speaker 3>shows up after the fact to justify the emotional decision

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<v Speaker 3>that you've already made. Right, So, the real discovery, because

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<v Speaker 3>like you mentioned it and that's something very solid.

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<v Speaker 4>You have to build conviction in order to last.

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<v Speaker 3>The real discovery is which emotion are you experiencing when

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<v Speaker 3>you make those decisions? Right A decision that's made from calm, peace, patience,

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<v Speaker 3>clarity that you're gonna make a brilliant decision, but that

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<v Speaker 3>exact same move in the exact same market from anxiety,

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<v Speaker 3>which people are experiencing right now. With the volatility, it

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<v Speaker 3>brings anxiety and fear and resentment. Even because here's your

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<v Speaker 3>portfolio going down. You're mad because somebody told you to

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<v Speaker 3>get an XRP or cryptocurrency, and now the market has

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<v Speaker 3>gone down.

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<v Speaker 4>That becomes such a disaster for most people.

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<v Speaker 3>And that's why I tell people mindset is not the

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<v Speaker 3>soft part of investing. It is the foundation of all

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<v Speaker 3>of it. If I can help somebody regulate their state

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<v Speaker 3>first and get them genuinely calm and grounded and develop conviction,

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<v Speaker 3>then the decisions that they make from that place are

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<v Speaker 3>going to be dramatically better with the same information and

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<v Speaker 3>the same market in front of them. So it's not

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<v Speaker 3>the market that's going to determine, you know, whether someone

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<v Speaker 3>succeed or not. It really is the state of your

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<v Speaker 3>emotions and building on that conviction, and that's an emotional

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<v Speaker 3>process and a lot of people in it.

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<v Speaker 2>That is something that I think a lot of people

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<v Speaker 2>I get a lot of comments on it, you know,

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<v Speaker 2>because we're a very pragmatic approach toward investing. We don't

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<v Speaker 2>look at the hype of where crypto is going. Sure,

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<v Speaker 2>we look at some of the projects out there that

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<v Speaker 2>are you know, absolutely going insane, and then we also

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<v Speaker 2>look at the projects to who have challenges that we

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<v Speaker 2>often question. And I think one of the things that

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<v Speaker 2>I know, for me, you know, just practicing a little

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<v Speaker 2>bit more of stoicism is one of the good things.

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<v Speaker 2>I also do a lot of meditation, which calms my

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<v Speaker 2>mental state anytime when I'm looking at these charts, especially

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<v Speaker 2>when you look at the charts that looks like it's

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<v Speaker 2>some kind of red sea, you know, with every in

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<v Speaker 2>the red when it comes to digital assets. But do

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<v Speaker 2>you think that a person getting into investing that they

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<v Speaker 2>need to get their mind right one hundred percent of

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<v Speaker 2>the way before they take that step or is it

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<v Speaker 2>a process that they go through but still being able

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<v Speaker 2>to achieve a little bit of investing, you know, because

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<v Speaker 2>I think also practice helps a lot, don't you think.

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<v Speaker 3>Yeah, I mean you can't. You got to take action

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<v Speaker 3>because also action, even if you're.

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<v Speaker 4>Afraid, you got to do it.

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<v Speaker 3>Afraid action something that is also going to wire you.

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<v Speaker 3>You're telling yourself to take action even if you feel

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<v Speaker 3>afraid or even if you feel levels of anxiety.

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<v Speaker 4>So you have to do that.

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<v Speaker 3>But in addition to that, and I think that's the part,

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<v Speaker 3>that's the supplemental part that people miss out on, is

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<v Speaker 3>they they're completely invested in, you know, the action parts.

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<v Speaker 3>They're completely invested in making the moves. And it's the

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<v Speaker 3>same and it's the same thing with well preservation. A

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<v Speaker 3>lot of people will make money, a lot of people

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<v Speaker 3>will make moves they can they can they can gain

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<v Speaker 3>an ROI, but at the same time, they're still not

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<v Speaker 3>elevating And when I say mine, I also equate it

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<v Speaker 3>to their identity. They're not aligning their identity to become

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<v Speaker 3>the type of person who can now manage and steward

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<v Speaker 3>and and sustain whatever it is that's being handed over

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<v Speaker 3>to them.

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<v Speaker 4>So that does become the bottleneck.

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<v Speaker 3>Eventually, you do have to take action even if you're afraid,

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<v Speaker 3>but the bottleneck of being able to have wealth preservation

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<v Speaker 3>and sustainability in this entire process, or you know not,

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<v Speaker 3>you know, as people are going to do this next

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<v Speaker 3>leg down, which is sell everything.

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<v Speaker 4>And blow it.

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<v Speaker 3>You got a good position, but now you're about to

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<v Speaker 3>blow it because you have not gone through the journey

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<v Speaker 3>of becoming the type of person who can handle, you know,

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<v Speaker 3>what's being given to you. You know, and and again

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<v Speaker 3>the market is volatile, is gonna you know, you almost

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<v Speaker 3>gotta you almost got to use psychology on yourself and

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<v Speaker 3>put up guardrails on yourself.

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<v Speaker 4>You know.

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<v Speaker 3>I'm so happy that I started off with real estate

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<v Speaker 3>and angel investing and things that I couldn't get a

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<v Speaker 3>quick win on, you know, being able to wire my

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<v Speaker 3>brain to invest in a certain kind of way. And

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<v Speaker 3>I'm almost like a robot when it comes to the

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<v Speaker 3>stock market in cryptocurrency. Any investment I make, I almost

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<v Speaker 3>don't care if I lose it at all. It's just

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<v Speaker 3>that's just how I'm wired. I'm just not an emotional

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<v Speaker 3>person with stuff like that. Oh my god, everything went

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<v Speaker 3>down first of all on long term, so I know

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<v Speaker 3>whatever comes down is going to probably go back up

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<v Speaker 3>at some point. And even if it didn't come back up,

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<v Speaker 3>I've already wired myself to be okay with you.

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<v Speaker 4>I just try not lose too much exactly.

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<v Speaker 2>That's that's one good point too, because this is something

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<v Speaker 2>that I talk a lot in some of our wealth seminars,

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<v Speaker 2>is that if you are in any whether it's a

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<v Speaker 2>digital asset or even in you know, these emerging stocks

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<v Speaker 2>that are kind of bumping around the space industry or

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<v Speaker 2>the AI sectors, chips, et cetera, that are you know,

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<v Speaker 2>more of these lower cap options versus going after something

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<v Speaker 2>like this week's AX launch in terms.

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<v Speaker 1>Of an IPO.

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<v Speaker 2>But that's my point is that a lot of times

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<v Speaker 2>you get into investing strategies where people they just don't

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<v Speaker 2>think through the concept of listen, as long as I

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<v Speaker 2>have a conviction in the sense that this isn't going

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<v Speaker 2>to zero, it may not go up, you know, a

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<v Speaker 2>five X or a ten X, you know, a magnitude

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<v Speaker 2>of order, but maybe I do get a twenty percent gain,

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<v Speaker 2>which is outpacing. Of course, the biggest issue right now

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<v Speaker 2>is dollar debasement. If you can outpace dollar debasement, you

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<v Speaker 2>are essentially building wealth. And that's what I think a

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<v Speaker 2>lot of people forget is they just want it so fast,

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<v Speaker 2>so fast.

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<v Speaker 4>You know.

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<v Speaker 2>Yeah, listen, man, I tell everybody I'm I'm an overnight sensation.

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<v Speaker 2>It took me fifteen years, fifteen years of working and

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<v Speaker 2>grinding and working and grinding, buying companies, losing your tail

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<v Speaker 2>on companies that didn't do is what you thought they

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<v Speaker 2>would do, and then getting that you know, glimmer where

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<v Speaker 2>you land on one because you believe that it's not

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<v Speaker 2>going to zero. It may not do as great as

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<v Speaker 2>what I think. It's really going to depend on where

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<v Speaker 2>I exit as opposed to where I entered.

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<v Speaker 1>Yeah, to make it or break it.

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<v Speaker 2>So I think a lot of people are in that position.

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<v Speaker 3>I I that's so funny you said that when you

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<v Speaker 3>say like an overnight sensation, because a lot of people

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<v Speaker 3>think that, you know, and that's honestly, that's how even

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<v Speaker 3>wealth happens is it feels like it's overnight, but you

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<v Speaker 3>don't see the back end behind closed doors, all the

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<v Speaker 3>work that's been done, you know, investing that, you you know,

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<v Speaker 3>the consistent little habits that's happened along the way, and

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<v Speaker 3>then all of a sudden, yes, it appears a lot

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<v Speaker 3>of people ask me where did you come up from?

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<v Speaker 3>You came out of nowhere, I'm like, I literally have

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<v Speaker 3>been on social media for fifteen years. I've been on

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<v Speaker 3>since all the way back during periscope, and even the

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<v Speaker 3>reason why I got into.

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<v Speaker 2>Just so people know, periscope was a the original Twitter

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<v Speaker 2>attempt at video, which you know was a terrible failure, right,

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<v Speaker 2>but you know it did it did work for a

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<v Speaker 2>little bit.

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<v Speaker 1>You know, and then you had Vine, you had a

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<v Speaker 1>bunch of the remember thold days of.

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<v Speaker 4>My Space, my space long time ago.

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<v Speaker 3>Yeah, I before I was doing this, I was I

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<v Speaker 3>spent over fifteen years obviously, you know, in a health

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<v Speaker 3>field with a background and understanding neuroscience and research and

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<v Speaker 3>coaching a lot of people to help over and over again,

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<v Speaker 3>I watched the same wall come up, and it was

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<v Speaker 3>that the stress of that people were drowning in financial fear,

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<v Speaker 3>right and so to the point where it was affecting

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<v Speaker 3>their body cortisol levels, all of that constant like low

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<v Speaker 3>grade panic about money, it shows up in the body.

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<v Speaker 3>And honestly, that's why I started to switch into you know,

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<v Speaker 3>helping with finances, because while I was building my business,

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<v Speaker 3>I was just investing.

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<v Speaker 4>I was just investing littleball, nothing big. But I realized,

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<v Speaker 4>I mean this is a huge This This is affecting people's.

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<v Speaker 3>Lives to the point where they're in like chronic financial stress,

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<v Speaker 3>and it's literally one of the most powerful destroyers of

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<v Speaker 3>human health. So if people can get this part of

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<v Speaker 3>their life right, they could probably.

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<v Speaker 4>I mean, it's the same thing.

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<v Speaker 3>I just followed the root calls upstream, and the root

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<v Speaker 3>cause was money all the time, most of the time

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<v Speaker 3>over work, you know, stressed out about your job, you know,

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<v Speaker 3>for one k now having peace about the future, the

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<v Speaker 3>same thing over and over and so it's very valuable.

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<v Speaker 3>We have the opportunity of a lifetime to get positioned

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<v Speaker 3>and to you know, secure our future. And meanwhile, the

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<v Speaker 3>only reason why most people aren't doing it is just

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<v Speaker 3>because of emotional instability and a lack of emotional intelligence

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<v Speaker 3>in the market.

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<v Speaker 2>Yeah, well that the education will help them. But I

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<v Speaker 2>think the action point that you're talking about is very important.

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<v Speaker 1>Even if you're taking very small steps, those small steps.

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<v Speaker 2>Can lead to very strategic moves, as long as you

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<v Speaker 2>don't kind of bet the whole thing, you know, because

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<v Speaker 2>I think a lot of people, you know, you start

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<v Speaker 2>buying if you bought XRP for instance, back you know,

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<v Speaker 2>eighteen months ago you were buying in the forty and

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<v Speaker 2>fifty cent range. Yeah, and you're looking at it now saying, wow,

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<v Speaker 2>I went up, you know, almost five x here Now

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<v Speaker 2>I'm back rat back where I'm on a two x

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<v Speaker 2>Should I sell?

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<v Speaker 1>You know?

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<v Speaker 2>So that's usually the first question that everybody will ask,

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<v Speaker 2>should it is now the time to sell? And I'm like, well,

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<v Speaker 2>if you're a short term investor in a long term play,

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<v Speaker 2>then of course you are.

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<v Speaker 1>This is you've made profit, you go away.

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<v Speaker 2>But if you're a long term are you Warren Buffett

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<v Speaker 2>looking at a long term position in this market because

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<v Speaker 2>everybody's position is different. Everybody needs money at different times

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<v Speaker 2>in their life, so I completely get that. But if

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<v Speaker 2>your long term, and especially if you've just been doing

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<v Speaker 2>dollar cost averaging where it's incremental, it's not a big

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00:16:10.320 --> 00:16:14.480
<v Speaker 2>hit to your financial budget and it's slowly building an

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00:16:14.519 --> 00:16:17.480
<v Speaker 2>asset base, those are to me, those are the best

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00:16:17.480 --> 00:16:19.840
<v Speaker 2>portfolios out there. I want to thank our sponsor today,

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00:16:19.919 --> 00:16:23.600
<v Speaker 2>and that is uphold We've all been there. Expenses pop

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00:16:23.679 --> 00:16:26.559
<v Speaker 2>up right when the market's starting to heat up, it's

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00:16:26.600 --> 00:16:28.840
<v Speaker 2>not the right time to sell. The last thing you

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<v Speaker 2>want to do is sell your bitcoin, your Ethereum, your XRP,

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00:16:32.240 --> 00:16:35.440
<v Speaker 2>or even your stable coin USDC. This is exactly why

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<v Speaker 2>Uphold launched the Exa credit card. When I found out

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00:16:38.919 --> 00:16:41.759
<v Speaker 2>about this, I was blown away. It's an instant line

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00:16:41.759 --> 00:16:45.320
<v Speaker 2>of credit that lets you borrow against your crypto without

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00:16:45.360 --> 00:16:47.399
<v Speaker 2>having to sell. All you have to do is just

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00:16:47.480 --> 00:16:51.039
<v Speaker 2>use your assets as collateral and spend it worldwide using

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00:16:51.039 --> 00:16:54.080
<v Speaker 2>a virtual visa card. This is the coolest feature I

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00:16:54.120 --> 00:16:56.799
<v Speaker 2>love about this. There are no credit checks and you

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00:16:56.840 --> 00:17:00.120
<v Speaker 2>can repay on a schedule that works specifically for you.

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<v Speaker 2>It's the smartest way to stay long in the market

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00:17:03.600 --> 00:17:07.799
<v Speaker 2>while accessing your portfolio's value. Today, download the Uphold app

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00:17:07.839 --> 00:17:11.599
<v Speaker 2>and get your virtual exit card in just a few tasks.

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00:17:11.960 --> 00:17:15.200
<v Speaker 3>Yeah, I think when you talk about like, yes, step

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00:17:15.200 --> 00:17:18.440
<v Speaker 3>by step, you know, when you take the small steps,

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00:17:18.480 --> 00:17:21.079
<v Speaker 3>when you just a little little bout, little nothing big,

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<v Speaker 3>the brain starts manufacturing like the energy and the drive

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<v Speaker 3>to then take the next step. That's why you don't

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<v Speaker 3>need to tell people to like do anything magical. All

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<v Speaker 3>you need to do is get them started and their

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<v Speaker 3>brain will send them down a path. You know, and

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<v Speaker 3>if you think about a baby learning how to walk,

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<v Speaker 3>nobody stands over a baby, demanding for them to sprint

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<v Speaker 3>across the room.

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<v Speaker 4>The baby sea something it loves. Usually the mother, you know.

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<v Speaker 3>Takes a little wobbly step towards and the you know,

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<v Speaker 3>you got the room that erupts in celebration. Of course,

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<v Speaker 3>for that that celebration, that dopamine is what makes that

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<v Speaker 3>baby reach for the next step.

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<v Speaker 4>So I never tell people to run.

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<v Speaker 3>I tell them to take one step towards a future

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<v Speaker 3>that they can see, and then the next step is,

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<v Speaker 3>of course to get around people who's going to celebrate

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<v Speaker 3>that step?

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<v Speaker 4>Right then?

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<v Speaker 3>Just let the brain do what it was designed to do.

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<v Speaker 3>Change is not about ever forcing yourself to do anything.

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<v Speaker 3>And anybody who tries to force themselves into the market,

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00:18:14.480 --> 00:18:16.680
<v Speaker 3>that's when they get into gambling. It's really more about

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<v Speaker 3>working with the brain, you know, to instead of against

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<v Speaker 3>the brain.

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<v Speaker 4>And so it's easier than what we make it out

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<v Speaker 4>to be.

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<v Speaker 3>But you know, most people can't Most people can't fathom

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<v Speaker 3>something so simple good to be true.

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<v Speaker 2>Exactly, you look at these market dips right now, I

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00:18:32.200 --> 00:18:34.440
<v Speaker 2>look at these. These are gifts to me. I just say,

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<v Speaker 2>oh my god, this is when is the last time,

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<v Speaker 2>When is the last time you saw sixty k bitcoin,

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<v Speaker 2>maybe a fifty k. When's the last time you saw

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<v Speaker 2>a dollar XRP you've got to go back aways. Yeah,

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<v Speaker 2>and now you're starting to look at other assets including

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<v Speaker 2>I think eventually we'll see the rotation out of the

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<v Speaker 2>stock market, which is coming most likely. Then those traders

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<v Speaker 2>which are not you know, diamond hands and WoT mentality,

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00:19:00.839 --> 00:19:03.400
<v Speaker 2>they are there to make a buck, they will rotate

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<v Speaker 2>capital into risk and once they do, they're in the

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<v Speaker 2>same position that we're dealing with right now with the

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<v Speaker 2>ets where you've got you know, Bitcoin, ETF's outflowing, ethtf's

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<v Speaker 2>out flowing, but yet at the same time you're setting

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<v Speaker 2>on XRP ETFs that are holding the line. So that's

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<v Speaker 2>the mentality of the traders that are involved in these

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<v Speaker 2>Do you think we're at a state right now where

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<v Speaker 2>XRP can bridge the retail side of things, because if

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<v Speaker 2>you look at it, Salona ETFs, let me bring up

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<v Speaker 2>a tweet real quick, because this is a good This

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00:19:42.000 --> 00:19:44.440
<v Speaker 2>is a good example of it because it gives you,

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00:19:44.480 --> 00:19:46.160
<v Speaker 2>guys a little bit of insight what's going on in

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00:19:46.160 --> 00:19:50.000
<v Speaker 2>the ETF phase right here. So you've got right now,

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<v Speaker 2>salt of ETFs at three in fifteen year to date,

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<v Speaker 2>XRP quietly holding a hold on strong with zero net outflows. Okay,

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<v Speaker 2>so you have a situation where it's mostly been I

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<v Speaker 2>would say, what has been retail that's focused on XRP

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<v Speaker 2>and institutional that is focused on solana eth and bitcoin.

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<v Speaker 2>When do you think we see a move from retail

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<v Speaker 2>to possibly institutional int XRP.

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<v Speaker 3>I mean, I do think you know that we're waiting

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<v Speaker 3>on the Clarity Act. You know, there's a lot of

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<v Speaker 3>institutions that are of course on the sidelines and there,

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00:20:30.799 --> 00:20:34.400
<v Speaker 3>and they're looking for those guardrails. However, you know, the

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<v Speaker 3>way I look at XRP now is that it's all

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00:20:37.799 --> 00:20:42.839
<v Speaker 3>about the utility, you know, for me, like most I was,

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00:20:42.960 --> 00:20:44.799
<v Speaker 3>I think I did a I'm trying to remember what

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00:20:44.799 --> 00:20:48.160
<v Speaker 3>did he say, CEO from I Trust Capital, you know,

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<v Speaker 3>was just talking about when I was asking him, what

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<v Speaker 3>do you think about this? Does the Clarity Act? You know,

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00:20:52.079 --> 00:20:54.240
<v Speaker 3>because I try to get other people's ideas on this too.

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00:20:54.640 --> 00:20:56.880
<v Speaker 3>Does the Clarity Act do anything? Does it stop anything?

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<v Speaker 3>Is it going to slow things down? You know? And

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<v Speaker 3>one of the things he's said as somebody being inside

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<v Speaker 3>of the institution because that's what I like to, you know,

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<v Speaker 3>try to figure out.

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<v Speaker 4>He said. Listen, the train has left the building.

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<v Speaker 3>If you have not jumped in, if you have not

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00:21:09.119 --> 00:21:12.599
<v Speaker 3>jumped on, institutions are getting in. This is this is

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00:21:12.640 --> 00:21:16.359
<v Speaker 3>not about speculation anymore. Utility is taking over. I believe

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<v Speaker 3>that we're leaving the era of pure speculation and we're

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<v Speaker 3>entering into the area of the era of utility.

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<v Speaker 4>A long time, this entire space ran on a bunch

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<v Speaker 4>of hype.

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<v Speaker 3>And hope or whatever the new shiny object was that week,

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00:21:30.440 --> 00:21:32.240
<v Speaker 3>you know, getting in and out, trying to make money.

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<v Speaker 3>But what is going to drive the next chapter for institutions.

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<v Speaker 3>For me, this is what I believe is real use

426
00:21:39.240 --> 00:21:41.960
<v Speaker 3>of course, you know, real adoption, real assets actually moving

427
00:21:42.000 --> 00:21:43.119
<v Speaker 3>across these rails.

428
00:21:43.400 --> 00:21:46.400
<v Speaker 4>And when utility takes over, the projects.

429
00:21:45.880 --> 00:21:49.079
<v Speaker 3>With genuine use cases and genuine infrastructure are going to

430
00:21:49.079 --> 00:21:52.240
<v Speaker 3>be the ones that endure and that institutions get in on.

431
00:21:52.640 --> 00:21:55.200
<v Speaker 3>I think there's going to be there's going to come

432
00:21:55.200 --> 00:21:57.359
<v Speaker 3>a time where there's a risk of not being involved.

433
00:21:57.400 --> 00:21:59.680
<v Speaker 3>The risk of not being involved is going to overtake

434
00:22:00.839 --> 00:22:04.720
<v Speaker 3>the risk of like waiting for clarity. I get we're

435
00:22:04.720 --> 00:22:08.359
<v Speaker 3>waiting for clarity, but at some point the risk of

436
00:22:08.400 --> 00:22:10.759
<v Speaker 3>not being involved is going to be a lot higher.

437
00:22:10.920 --> 00:22:14.319
<v Speaker 3>And this is why I even personally right now, and

438
00:22:14.440 --> 00:22:16.799
<v Speaker 3>I don't think institutions are doing it either. I'm not

439
00:22:16.880 --> 00:22:20.519
<v Speaker 3>anchoring myself to daily price because the daily price and

440
00:22:20.559 --> 00:22:22.799
<v Speaker 3>the charts cannot tell you where some of these utility

441
00:22:22.799 --> 00:22:24.680
<v Speaker 3>coins are going, especially something like XRP.

442
00:22:24.960 --> 00:22:26.960
<v Speaker 2>Yeah, exactly, only in the short term.

443
00:22:27.039 --> 00:22:30.039
<v Speaker 3>But I really right now, I'm anchoring myself to adoption,

444
00:22:30.160 --> 00:22:32.359
<v Speaker 3>to know what's going to happen, to who is building,

445
00:22:32.640 --> 00:22:35.400
<v Speaker 3>to what is actually being used, because utility is the

446
00:22:35.519 --> 00:22:38.240
<v Speaker 3>engine and the price is just the kaboos.

447
00:22:38.279 --> 00:22:39.119
<v Speaker 4>It's going to come at the end.

448
00:22:39.160 --> 00:22:41.480
<v Speaker 3>It's going to eventually follow the real usage and not

449
00:22:41.519 --> 00:22:43.319
<v Speaker 3>the other way around. So when I look at what's

450
00:22:43.359 --> 00:22:46.519
<v Speaker 3>being built on these rails right now, the institutional adoption,

451
00:22:46.640 --> 00:22:51.599
<v Speaker 3>the real assets being tokenized and tokenized tokenization is something

452
00:22:51.599 --> 00:22:54.079
<v Speaker 3>that's so powerful that's happening right now, But the settlement

453
00:22:54.119 --> 00:22:57.359
<v Speaker 3>that's actually happening that tells me far more about where

454
00:22:57.400 --> 00:23:00.519
<v Speaker 3>this is going than a red candle. He tells me

455
00:23:01.000 --> 00:23:04.079
<v Speaker 3>about what institutions are eventually going to do. I said

456
00:23:04.119 --> 00:23:05.640
<v Speaker 3>to somebody the other day, I think at some point

457
00:23:05.799 --> 00:23:08.799
<v Speaker 3>institutions will fomo in because they may look at other countries.

458
00:23:08.839 --> 00:23:11.119
<v Speaker 3>They may look at Russia or Korea or Japan and

459
00:23:11.119 --> 00:23:14.480
<v Speaker 3>see what they're doing and eventually realize, I got a

460
00:23:14.480 --> 00:23:15.160
<v Speaker 3>gide in on this.

461
00:23:15.480 --> 00:23:17.920
<v Speaker 4>You know, so well, it's going to be.

462
00:23:18.079 --> 00:23:20.400
<v Speaker 2>It's going to be in a it's like what you

463
00:23:20.440 --> 00:23:26.759
<v Speaker 2>see right now. We're seeing more rias you know, investment

464
00:23:26.799 --> 00:23:31.119
<v Speaker 2>advisors now looking at crypto, primarily because their customers are

465
00:23:31.119 --> 00:23:33.920
<v Speaker 2>asking about it. But it's a good example that I'm

466
00:23:33.960 --> 00:23:37.920
<v Speaker 2>showing right here on screen is Japan. Obviously SBI, shense Bank.

467
00:23:38.039 --> 00:23:40.359
<v Speaker 2>Now they're going to allow and this goes back to

468
00:23:40.400 --> 00:23:42.960
<v Speaker 2>the utility side of what you're talking about, converting a

469
00:23:42.960 --> 00:23:46.519
<v Speaker 2>portion of deposit interest now into bitcoin eighth and XRP.

470
00:23:47.079 --> 00:23:49.759
<v Speaker 2>So this is a pilot they're launching on June tenth.

471
00:23:49.960 --> 00:23:55.119
<v Speaker 2>All right, guys, that's tomorrow, So it's not like it's coming, No,

472
00:23:55.279 --> 00:23:56.240
<v Speaker 2>it's here now.

473
00:23:56.599 --> 00:23:57.960
<v Speaker 1>Yeah, pilot will.

474
00:23:57.720 --> 00:24:01.039
<v Speaker 2>Prove out, they're going to make this work, and then

475
00:24:01.160 --> 00:24:03.839
<v Speaker 2>you're most likely going to see almost every other bank

476
00:24:03.839 --> 00:24:07.440
<v Speaker 2>of Japan jumping on something like this, which can only

477
00:24:07.559 --> 00:24:11.640
<v Speaker 2>push more pressure into the US because our economy from

478
00:24:11.640 --> 00:24:17.880
<v Speaker 2>a financial standpoint is so connected to Japan's financial economy overall.

479
00:24:17.960 --> 00:24:21.119
<v Speaker 2>So this could really start to create a wave of

480
00:24:21.319 --> 00:24:24.079
<v Speaker 2>efforts here in the US around the banks. And I

481
00:24:24.119 --> 00:24:27.240
<v Speaker 2>still have a community, I still have a theory that

482
00:24:27.279 --> 00:24:34.160
<v Speaker 2>the banks secretly want clarity. Yeah, I think they secretly

483
00:24:34.200 --> 00:24:34.559
<v Speaker 2>want it.

484
00:24:35.000 --> 00:24:35.400
<v Speaker 4>They do.

485
00:24:35.759 --> 00:24:38.079
<v Speaker 2>They're trying to work out their little details right now,

486
00:24:38.480 --> 00:24:38.880
<v Speaker 2>they do.

487
00:24:40.200 --> 00:24:43.640
<v Speaker 3>What we're given in front of us is so different

488
00:24:43.720 --> 00:24:49.519
<v Speaker 3>from what happens behind closed doors. Yeah, I don't tend

489
00:24:49.559 --> 00:24:51.640
<v Speaker 3>to look at what's happening in front of us. I

490
00:24:51.680 --> 00:24:55.240
<v Speaker 3>think this has already I mean, I'm not trying to

491
00:24:55.279 --> 00:24:57.680
<v Speaker 3>be you know, I think this has already been determined.

492
00:24:57.720 --> 00:25:00.599
<v Speaker 3>And I think it's been determined a very, very long time.

493
00:25:01.400 --> 00:25:06.319
<v Speaker 3>I was just watching an interview and with the you know,

494
00:25:06.359 --> 00:25:10.759
<v Speaker 3>the Danielle Dixon. I believe the deep TCC and I'll invested.

495
00:25:10.920 --> 00:25:14.880
<v Speaker 3>They have been in even Stellar for a very for years,

496
00:25:14.920 --> 00:25:17.640
<v Speaker 3>seven eight years then, and she even claimed how they

497
00:25:17.799 --> 00:25:21.799
<v Speaker 3>helped them kind of design the path forward. So there's

498
00:25:21.839 --> 00:25:25.960
<v Speaker 3>been some big players that's been, you know, already involved

499
00:25:26.559 --> 00:25:29.720
<v Speaker 3>in in the the building out of this, and so

500
00:25:30.319 --> 00:25:33.599
<v Speaker 3>we got to be careful that we read between the

501
00:25:33.680 --> 00:25:35.640
<v Speaker 3>lines and that we don't always you.

502
00:25:35.559 --> 00:25:37.599
<v Speaker 4>Know, chase these you.

503
00:25:37.519 --> 00:25:39.680
<v Speaker 3>Know, the headlines and what they're saying, you know, or

504
00:25:39.680 --> 00:25:40.599
<v Speaker 3>what they want us to see.

505
00:25:40.640 --> 00:25:42.160
<v Speaker 4>This thing is is moving forward.

506
00:25:42.400 --> 00:25:46.359
<v Speaker 3>And as far as Japan, I'm a little behind on,

507
00:25:46.440 --> 00:25:48.799
<v Speaker 3>you know, seeing what they've been doing lately, but I've

508
00:25:48.799 --> 00:25:51.119
<v Speaker 3>been following them, and what I do know about Japan

509
00:25:51.279 --> 00:25:53.720
<v Speaker 3>is that they are not waiting on America.

510
00:25:53.759 --> 00:25:54.839
<v Speaker 4>They have already moved.

511
00:25:55.160 --> 00:25:59.640
<v Speaker 3>Japan's government approved reclassifying XRP and over a hundred other

512
00:25:59.680 --> 00:26:04.319
<v Speaker 3>crypto assets as financial instruments, like they have regulated exchanges,

513
00:26:04.359 --> 00:26:08.759
<v Speaker 3>live bank adoption, and SBI has spent a decade A

514
00:26:08.839 --> 00:26:11.160
<v Speaker 3>lot of people don't realize this a decade building real

515
00:26:11.359 --> 00:26:15.839
<v Speaker 3>SRP payment infrastructure, regardless of what Washington does. So Japan

516
00:26:15.960 --> 00:26:19.240
<v Speaker 3>is definitely not sitting around waiting for the US to

517
00:26:19.319 --> 00:26:21.839
<v Speaker 3>pass a bill. They're ahead of us on this. But

518
00:26:22.920 --> 00:26:26.119
<v Speaker 3>there's also a nuance to this, because Japan moving, I

519
00:26:26.119 --> 00:26:29.119
<v Speaker 3>don't think is a confirmation, and it doesn't mean that

520
00:26:29.279 --> 00:26:30.519
<v Speaker 3>US becomes irrelevant.

521
00:26:30.599 --> 00:26:33.799
<v Speaker 4>The US is still the largest capital, you know, market

522
00:26:33.839 --> 00:26:35.599
<v Speaker 4>of the world. American Clarity.

523
00:26:35.640 --> 00:26:38.440
<v Speaker 3>If we get the Clarity Act, it will pour probably

524
00:26:38.480 --> 00:26:41.200
<v Speaker 3>far more money in and it will speed everything up.

525
00:26:41.240 --> 00:26:42.799
<v Speaker 4>So I think the two are connected.

526
00:26:42.839 --> 00:26:45.359
<v Speaker 3>What Japan proves is that the adoption does not stop

527
00:26:45.400 --> 00:26:48.400
<v Speaker 3>if US stalls, right, it just keeps building, you know

528
00:26:48.440 --> 00:26:52.680
<v Speaker 3>in places, and as we see that momentum is creating

529
00:26:52.720 --> 00:26:55.599
<v Speaker 3>pressure on everyone else to catch up so that they're

530
00:26:55.599 --> 00:26:58.880
<v Speaker 3>not left behind, you know, and countries honestly they don't

531
00:26:58.920 --> 00:27:02.160
<v Speaker 3>like watching rival build the rails of the next financial

532
00:27:02.200 --> 00:27:03.119
<v Speaker 3>system without them.

533
00:27:03.519 --> 00:27:07.799
<v Speaker 2>So Asia Asia has been really on the cusp of

534
00:27:08.400 --> 00:27:11.839
<v Speaker 2>exploding for about the last year because they've put in

535
00:27:11.920 --> 00:27:14.839
<v Speaker 2>so many of these regulatory alignments. Essentially they've already passed

536
00:27:14.839 --> 00:27:17.240
<v Speaker 2>their Clarity Act for most parts of it. If you

537
00:27:17.240 --> 00:27:19.559
<v Speaker 2>look at what's going in Hong Kong with the Hong

538
00:27:19.640 --> 00:27:22.079
<v Speaker 2>Kong New stable Coin, what that is going to do

539
00:27:22.119 --> 00:27:24.960
<v Speaker 2>because remember, if you guys are not following what the

540
00:27:25.000 --> 00:27:27.200
<v Speaker 2>Hong Kong dollar is doing, and especially with the stable

541
00:27:27.240 --> 00:27:30.039
<v Speaker 2>coin orientation, this is connected to US treasuries.

542
00:27:30.319 --> 00:27:32.319
<v Speaker 1>Yeah, so that in.

543
00:27:32.240 --> 00:27:35.440
<v Speaker 2>Itself is continuing to put more pressure because if you

544
00:27:35.599 --> 00:27:40.599
<v Speaker 2>get that rolling in Asia, especially with the ability to

545
00:27:40.799 --> 00:27:45.079
<v Speaker 2>earn interest and be able to really kind of utilize

546
00:27:45.559 --> 00:27:49.000
<v Speaker 2>those kinds of markets around stable coins, r OLUSD will

547
00:27:49.039 --> 00:27:52.039
<v Speaker 2>be involved in this to I think a very large level.

548
00:27:52.240 --> 00:27:54.480
<v Speaker 2>I had Zach pandel On here the other day. He

549
00:27:54.519 --> 00:27:56.759
<v Speaker 2>and I were talking about this point of growth for

550
00:27:57.839 --> 00:28:01.480
<v Speaker 2>stable coins in general, and he still predicts our l

551
00:28:01.599 --> 00:28:05.799
<v Speaker 2>USD could become a serious, serious player because of their

552
00:28:05.839 --> 00:28:09.319
<v Speaker 2>connections with all these banks in other countries. So it

553
00:28:09.400 --> 00:28:12.599
<v Speaker 2>was kind of like a blessing that we ran into

554
00:28:12.799 --> 00:28:16.640
<v Speaker 2>that buzz saw, Gary Gensler, because it pushed all of

555
00:28:16.680 --> 00:28:20.720
<v Speaker 2>the efforts into these other markets which are now starting.

556
00:28:20.359 --> 00:28:21.359
<v Speaker 1>To explore crypto.

557
00:28:21.680 --> 00:28:24.400
<v Speaker 2>So yeah, intriguing situation.

558
00:28:25.119 --> 00:28:29.200
<v Speaker 3>It is. R o U s D is is definitely

559
00:28:29.799 --> 00:28:34.519
<v Speaker 3>banks will absolutely use it. It's an excellent stable settlement

560
00:28:34.599 --> 00:28:37.960
<v Speaker 3>to them. Now a stable coin can do what XRP does.

561
00:28:38.000 --> 00:28:39.640
<v Speaker 3>I think that threatens a lot of people when they

562
00:28:39.680 --> 00:28:41.880
<v Speaker 3>talk about the r o U s D, and I

563
00:28:41.920 --> 00:28:45.119
<v Speaker 3>have to constantly tell my my audience it's not the same.

564
00:28:45.279 --> 00:28:47.759
<v Speaker 3>You know, ro o us D is a stable coin.

565
00:28:47.839 --> 00:28:49.680
<v Speaker 3>Ripple can freeze it, they can even claw it back.

566
00:28:50.039 --> 00:28:52.839
<v Speaker 3>The US Court can can order Ripple to act on it.

567
00:28:54.559 --> 00:28:57.519
<v Speaker 3>And and XRP is totally different. You know, r o

568
00:28:57.640 --> 00:28:59.000
<v Speaker 3>us D is not new to us. So I have

569
00:28:59.039 --> 00:29:01.599
<v Speaker 3>to constantly tell people ARIOUSD is going to put a

570
00:29:01.599 --> 00:29:03.000
<v Speaker 3>greater demand on XRP.

571
00:29:03.079 --> 00:29:05.559
<v Speaker 4>And that's why I love it. I see the big picture.

572
00:29:06.279 --> 00:29:10.079
<v Speaker 2>Well, and this is the thing when you consider the

573
00:29:10.119 --> 00:29:13.200
<v Speaker 2>growth in all the other one hundred and seventy countries

574
00:29:13.240 --> 00:29:17.839
<v Speaker 2>out there outside the United States, plus and you look

575
00:29:17.839 --> 00:29:19.880
<v Speaker 2>at Asia as being one of the major markets. I

576
00:29:19.920 --> 00:29:23.799
<v Speaker 2>think that the lawmakers, because we've had several of them

577
00:29:23.799 --> 00:29:26.400
<v Speaker 2>on the show, and we many times after an interview,

578
00:29:26.400 --> 00:29:28.599
<v Speaker 2>I'll get them kind of off camera when they're a

579
00:29:28.599 --> 00:29:31.279
<v Speaker 2>little bit more relaxed, and you know, those are the

580
00:29:31.279 --> 00:29:32.279
<v Speaker 2>first questions I asked them.

581
00:29:32.359 --> 00:29:34.039
<v Speaker 1>I said, are you guys at all worried.

582
00:29:33.759 --> 00:29:37.319
<v Speaker 2>About these other countries that are truly in the driver's

583
00:29:37.359 --> 00:29:40.519
<v Speaker 2>seat right now? It's like, imagine if we had lost

584
00:29:40.519 --> 00:29:43.400
<v Speaker 2>Silicon Valley, you know, in the age of the Internet.

585
00:29:44.359 --> 00:29:46.319
<v Speaker 2>I'm worried that we may lose that in the age

586
00:29:46.319 --> 00:29:48.920
<v Speaker 2>of AI, you know, in the sense of what's happening

587
00:29:48.960 --> 00:29:52.839
<v Speaker 2>in China. But that's another show in itself to go

588
00:29:52.920 --> 00:29:55.240
<v Speaker 2>in that direction. But the point being is that they

589
00:29:55.319 --> 00:29:57.799
<v Speaker 2>all say the same thing, and that is, no, we

590
00:29:57.920 --> 00:30:01.839
<v Speaker 2>understand the threat, and they all I'll say the word threat.

591
00:30:02.640 --> 00:30:06.039
<v Speaker 2>So that's real, which is why I think that the

592
00:30:06.079 --> 00:30:12.519
<v Speaker 2>White House is using this angle of national security that

593
00:30:12.759 --> 00:30:18.680
<v Speaker 2>could possibly push the Democrats into saying yes on Clarity

594
00:30:19.640 --> 00:30:22.839
<v Speaker 2>maybe in terms of the problem that I think still

595
00:30:23.359 --> 00:30:25.119
<v Speaker 2>resides on the Clarity Act, which is going to be

596
00:30:25.240 --> 00:30:29.000
<v Speaker 2>this ethics issue that the Democrats are going to continue

597
00:30:29.000 --> 00:30:32.920
<v Speaker 2>to push. But if something like national security plays into this,

598
00:30:33.599 --> 00:30:35.759
<v Speaker 2>I mean, would you want to be the Democrat that

599
00:30:35.839 --> 00:30:38.400
<v Speaker 2>voted against that? I don't think I would want to

600
00:30:38.440 --> 00:30:39.920
<v Speaker 2>be that guy or girl.

601
00:30:40.480 --> 00:30:41.359
<v Speaker 4>No, definitely.

602
00:30:41.519 --> 00:30:45.319
<v Speaker 3>And I saw I can't remember her name, but she

603
00:30:45.440 --> 00:30:50.039
<v Speaker 3>was just talking about how she wasn't going to vote

604
00:30:50.200 --> 00:30:53.599
<v Speaker 3>for the Clarity Act if all the rules weren't there.

605
00:30:53.480 --> 00:30:56.440
<v Speaker 2>And if she felt like, yeah, yes, it are also brookes.

606
00:30:56.519 --> 00:30:57.200
<v Speaker 1>Yeah, And I.

607
00:30:57.200 --> 00:31:01.599
<v Speaker 3>Couldn't help but to think for a second that they're

608
00:31:01.640 --> 00:31:04.359
<v Speaker 3>going to be impacted by their children, because she mentioned

609
00:31:04.359 --> 00:31:06.240
<v Speaker 3>that her children are all for.

610
00:31:06.720 --> 00:31:09.160
<v Speaker 4>You know, cryptocurrency yep.

611
00:31:09.279 --> 00:31:12.160
<v Speaker 3>So you know, my mind is, you know, I'm like

612
00:31:12.240 --> 00:31:16.599
<v Speaker 3>always thinking on a human level. My mind can't think

613
00:31:16.640 --> 00:31:19.359
<v Speaker 3>beyond that. You know, I'm thinking, I'm getting scenarios in

614
00:31:19.400 --> 00:31:21.519
<v Speaker 3>my mind where her kids are saying, are you gonna

615
00:31:22.000 --> 00:31:22.200
<v Speaker 3>you know?

616
00:31:22.440 --> 00:31:23.039
<v Speaker 4>So I think that.

617
00:31:23.200 --> 00:31:28.000
<v Speaker 3>The the backlash will come from their keyds even yeah,

618
00:31:28.319 --> 00:31:30.880
<v Speaker 3>you would have wanted to make this not happen.

619
00:31:30.759 --> 00:31:33.680
<v Speaker 2>Exactly Yeah, it's it's the you know, it's the baby

620
00:31:33.680 --> 00:31:36.480
<v Speaker 2>with the bathwater kind of you know scenario that this

621
00:31:36.599 --> 00:31:40.480
<v Speaker 2>plays into it. You're just so hell bent to get

622
00:31:40.759 --> 00:31:44.640
<v Speaker 2>something up on this administration, whether your pro administration, your

623
00:31:44.680 --> 00:31:45.640
<v Speaker 2>anti administration.

624
00:31:46.400 --> 00:31:48.000
<v Speaker 1>I think you everybody should be.

625
00:31:47.960 --> 00:31:51.559
<v Speaker 2>Pro American, right, you know, and especially the American tax

626
00:31:51.599 --> 00:31:53.200
<v Speaker 2>payers that have an opportunity here.

627
00:31:53.759 --> 00:31:54.319
<v Speaker 4>Yeah.

628
00:31:54.359 --> 00:31:57.480
<v Speaker 3>Absolutely, And it's just like I think brag Goarland House

629
00:31:57.519 --> 00:31:59.799
<v Speaker 3>has said this one time, you know, like this.

630
00:31:59.720 --> 00:32:02.440
<v Speaker 4>Is you know, if we were if we were talking about.

631
00:32:02.160 --> 00:32:06.160
<v Speaker 3>Like the Internet protocol, where's the fight, Why wouldn't we

632
00:32:06.200 --> 00:32:06.880
<v Speaker 3>all believe this?

633
00:32:06.960 --> 00:32:07.839
<v Speaker 1>It was useful?

634
00:32:08.119 --> 00:32:10.240
<v Speaker 3>Like the Democrats believe that we need the internet and

635
00:32:10.240 --> 00:32:12.440
<v Speaker 3>then the Republicans don't, or vice versa.

636
00:32:12.480 --> 00:32:15.640
<v Speaker 4>The it doesn't make any sense. This is we all

637
00:32:15.680 --> 00:32:16.039
<v Speaker 4>need it.

638
00:32:16.880 --> 00:32:18.960
<v Speaker 2>Yeah, and it's it is one of those situations. I

639
00:32:19.000 --> 00:32:22.720
<v Speaker 2>think that it now it's become a battleground for bipartisan

640
00:32:23.480 --> 00:32:26.799
<v Speaker 2>approaches with them trying to get the one up on

641
00:32:26.839 --> 00:32:30.640
<v Speaker 2>the administration, and then you have these cues coming in

642
00:32:30.680 --> 00:32:33.839
<v Speaker 2>from the administration where they spend it more towards national security,

643
00:32:33.920 --> 00:32:37.680
<v Speaker 2>which it is, yeah, much less. I still think that

644
00:32:37.799 --> 00:32:42.000
<v Speaker 2>we've lost the plot when it when we don't realize

645
00:32:42.000 --> 00:32:46.240
<v Speaker 2>that this is really more for the security of finances

646
00:32:46.279 --> 00:32:49.759
<v Speaker 2>for Americans. You know, this is an opportunity for Americans

647
00:32:49.839 --> 00:32:52.519
<v Speaker 2>to actually get in the game, you know, as opposed

648
00:32:52.559 --> 00:32:56.279
<v Speaker 2>to getting a VPN and you know, going over to

649
00:32:56.839 --> 00:32:59.160
<v Speaker 2>Asia or the Middle East just to trade something on

650
00:32:59.200 --> 00:33:01.319
<v Speaker 2>a purp. These are the bad things that we have

651
00:33:01.359 --> 00:33:03.759
<v Speaker 2>to deal with, which is a terrible issue.

652
00:33:04.000 --> 00:33:06.640
<v Speaker 4>I see Japan as Asian.

653
00:33:06.799 --> 00:33:08.759
<v Speaker 3>You know, when you mentioned the word threat, you know,

654
00:33:10.279 --> 00:33:12.599
<v Speaker 3>get I get that word like it's a threat. But

655
00:33:13.079 --> 00:33:15.920
<v Speaker 3>I even see it as proof. Right it shows that

656
00:33:16.039 --> 00:33:20.359
<v Speaker 3>this is a global shift that no country controls or

657
00:33:20.400 --> 00:33:24.440
<v Speaker 3>can stop. So the US they can choose to lead

658
00:33:24.720 --> 00:33:26.799
<v Speaker 3>or they can lag it, you know what I'm saying.

659
00:33:26.799 --> 00:33:28.799
<v Speaker 3>But I think the train is still going to move

660
00:33:28.839 --> 00:33:30.720
<v Speaker 3>either way, and Japan is showing the rest of the

661
00:33:30.759 --> 00:33:33.119
<v Speaker 3>world what the destination is looking like for this.

662
00:33:33.720 --> 00:33:34.720
<v Speaker 4>So I do.

663
00:33:35.359 --> 00:33:38.160
<v Speaker 3>Hope that we get the clarity act. I really do

664
00:33:39.000 --> 00:33:43.720
<v Speaker 3>every day that moves forward. I'm I'm I have hesitation

665
00:33:43.839 --> 00:33:46.839
<v Speaker 3>that we will, but I'm praying that we do.

666
00:33:47.559 --> 00:33:50.200
<v Speaker 2>Now, well, this will be the big one right now,

667
00:33:50.240 --> 00:33:53.119
<v Speaker 2>if the White House gets their law enforcement groups together

668
00:33:53.240 --> 00:33:57.880
<v Speaker 2>and they're able to kind of pull this across based on,

669
00:33:58.480 --> 00:34:00.960
<v Speaker 2>you know, the idea of illicit findinance concerns, which is

670
00:34:01.000 --> 00:34:03.759
<v Speaker 2>really what Senator Warren you know, camps out on all

671
00:34:03.799 --> 00:34:06.200
<v Speaker 2>the time. You know that crypto is being used for

672
00:34:06.200 --> 00:34:09.559
<v Speaker 2>illicted finance blah blah blah, and you know, and I'm like, really,

673
00:34:09.599 --> 00:34:12.599
<v Speaker 2>the biggest illicit finance problem we have it's called the

674
00:34:12.639 --> 00:34:16.519
<v Speaker 2>American dollar, which is to use more than any you know.

675
00:34:16.599 --> 00:34:20.400
<v Speaker 2>So this is a completely different situation that plays into this.

676
00:34:21.119 --> 00:34:22.920
<v Speaker 2>One last thing before I let you go. When you

677
00:34:22.960 --> 00:34:27.480
<v Speaker 2>look at the mindset of traders, I want to go

678
00:34:27.559 --> 00:34:30.280
<v Speaker 2>back to that for a second, and then you look

679
00:34:30.440 --> 00:34:33.519
<v Speaker 2>at the utilization of AI.

680
00:34:34.000 --> 00:34:35.559
<v Speaker 1>So we see it a lot.

681
00:34:35.599 --> 00:34:38.079
<v Speaker 2>We have our own language, a large language model right

682
00:34:38.079 --> 00:34:41.800
<v Speaker 2>now that we're using even with our own investments strategies

683
00:34:41.840 --> 00:34:48.000
<v Speaker 2>and tactics. But one thing I'm finding is that some investors,

684
00:34:49.400 --> 00:34:51.679
<v Speaker 2>whether you're using a cloud bot or something of that nature,

685
00:34:52.480 --> 00:34:58.119
<v Speaker 2>that they're actually utilizing AI almost as a counselor. And

686
00:34:58.559 --> 00:35:00.519
<v Speaker 2>we've seen those kind of things. Go back to the

687
00:35:00.519 --> 00:35:03.280
<v Speaker 2>mental health side of this, because people will did I

688
00:35:03.320 --> 00:35:06.119
<v Speaker 2>do the right thing? Is always the question, right did

689
00:35:06.159 --> 00:35:09.519
<v Speaker 2>I make the right investment? Someone if they don't have

690
00:35:09.559 --> 00:35:13.000
<v Speaker 2>an advisor. They can't talk to someone, so who they ask?

691
00:35:13.079 --> 00:35:15.559
<v Speaker 2>They ask, AI, what do you think that's going to

692
00:35:15.599 --> 00:35:17.360
<v Speaker 2>look like? And say another year or two?

693
00:35:19.800 --> 00:35:20.320
<v Speaker 1>Be worried.

694
00:35:20.960 --> 00:35:21.320
<v Speaker 4>I am.

695
00:35:21.559 --> 00:35:25.000
<v Speaker 3>I am because I feel like it's the continuation of

696
00:35:25.039 --> 00:35:27.960
<v Speaker 3>what happened to a lot of people in school and

697
00:35:28.159 --> 00:35:32.800
<v Speaker 3>education and how they didn't encourage critical thinking, and so

698
00:35:33.440 --> 00:35:39.679
<v Speaker 3>it's allowing the less and less practice of, you know,

699
00:35:40.079 --> 00:35:42.079
<v Speaker 3>coming up with your own constructive thoughts.

700
00:35:42.280 --> 00:35:43.440
<v Speaker 4>I think AI is great.

701
00:35:43.480 --> 00:35:45.800
<v Speaker 3>I think we should leverage it, but I also think

702
00:35:45.800 --> 00:35:47.559
<v Speaker 3>that we have to learn how to give it our

703
00:35:47.679 --> 00:35:50.159
<v Speaker 3>intellectual property and a sense to leverage it and not

704
00:35:50.280 --> 00:35:52.679
<v Speaker 3>just allow it to think for us. It's an incredible tool,

705
00:35:53.199 --> 00:35:55.760
<v Speaker 3>but again I look at it through the lens of

706
00:35:55.800 --> 00:35:59.360
<v Speaker 3>the brain, and it's going to convert people to have

707
00:35:59.519 --> 00:36:02.679
<v Speaker 3>a level of dependency on, you know, bringing all of

708
00:36:02.719 --> 00:36:06.920
<v Speaker 3>their questions to and allowing some some you know AI

709
00:36:07.000 --> 00:36:10.559
<v Speaker 3>artificial intelligence to think for themselves. And the quality of

710
00:36:10.599 --> 00:36:14.320
<v Speaker 3>your thinking equates to the quality of your success. You know,

711
00:36:15.239 --> 00:36:17.880
<v Speaker 3>you're not gonna, as a man think it's so is he?

712
00:36:18.159 --> 00:36:20.599
<v Speaker 3>You know, So if you're not upgrading your thinking, the

713
00:36:20.679 --> 00:36:23.239
<v Speaker 3>quality of your thinking, then you can't upgrade the quality

714
00:36:23.400 --> 00:36:26.119
<v Speaker 3>quality of your life regardless of if you're going to AI,

715
00:36:26.760 --> 00:36:28.519
<v Speaker 3>you know, to to to think for you, and so

716
00:36:28.599 --> 00:36:31.199
<v Speaker 3>I think that's I think people are using it the

717
00:36:31.239 --> 00:36:32.199
<v Speaker 3>wrong way often.

718
00:36:32.800 --> 00:36:35.920
<v Speaker 4>And that's what the schools made us. Do you know.

719
00:36:35.960 --> 00:36:38.000
<v Speaker 3>They didn't make us think for ourselves. They made us

720
00:36:38.000 --> 00:36:41.000
<v Speaker 3>take tests where we just memorize things exactly. We got

721
00:36:41.360 --> 00:36:43.239
<v Speaker 3>now now we don't even have to memorize things. Now

722
00:36:43.239 --> 00:36:45.480
<v Speaker 3>we got AI thinking for us and memorizing for us.

723
00:36:45.519 --> 00:36:47.000
<v Speaker 3>We can just go to AI for everything.

724
00:36:47.280 --> 00:36:49.320
<v Speaker 2>Well, you hit it on the head too, and that

725
00:36:49.599 --> 00:36:53.079
<v Speaker 2>is the idea of It's kind of the concept of

726
00:36:53.159 --> 00:36:55.719
<v Speaker 2>being told how to think absolutely, you know, which it

727
00:36:55.719 --> 00:36:59.760
<v Speaker 2>gets away from critical thinking. I think that we are

728
00:36:59.760 --> 00:37:02.719
<v Speaker 2>going to see, and this is my prediction, we are

729
00:37:02.760 --> 00:37:07.880
<v Speaker 2>going to see another division of classes again. Right now,

730
00:37:07.920 --> 00:37:10.280
<v Speaker 2>we already have a division of classes of the wealthy

731
00:37:10.480 --> 00:37:11.719
<v Speaker 2>and the people who are not.

732
00:37:12.280 --> 00:37:13.400
<v Speaker 1>It's the haves and the have not.

733
00:37:14.079 --> 00:37:19.679
<v Speaker 2>And it's also been mostly around opportunity and money at

734
00:37:19.719 --> 00:37:23.679
<v Speaker 2>the right time, Okay, I think now AI probably will

735
00:37:23.760 --> 00:37:25.920
<v Speaker 2>level the playing field, much like crypto has leveled the

736
00:37:25.920 --> 00:37:28.800
<v Speaker 2>playing field to a certain extent for brand new investors.

737
00:37:29.599 --> 00:37:31.519
<v Speaker 2>But I think AI is going to do it again,

738
00:37:32.239 --> 00:37:36.400
<v Speaker 2>And I think the investors or people could be anybody,

739
00:37:36.880 --> 00:37:39.360
<v Speaker 2>even on business decisions, you know, whether you're going out

740
00:37:39.400 --> 00:37:42.400
<v Speaker 2>into business, starting a business, you know, buying a business,

741
00:37:42.519 --> 00:37:45.480
<v Speaker 2>getting into a business with a partner, whatever it might be.

742
00:37:46.119 --> 00:37:50.760
<v Speaker 2>I think the people that use critical thinking inside the

743
00:37:50.840 --> 00:37:56.199
<v Speaker 2>AI and questions its motives and its moves, because we

744
00:37:56.239 --> 00:37:58.519
<v Speaker 2>do it all the time. I'll, you know, challenge my

745
00:37:58.599 --> 00:37:59.719
<v Speaker 2>AI constantly.

746
00:37:59.760 --> 00:38:01.400
<v Speaker 1>You know, I'm like, we wouldn't do that. This is

747
00:38:01.480 --> 00:38:03.039
<v Speaker 1>not what I would do. I would do this.

748
00:38:04.159 --> 00:38:06.039
<v Speaker 2>My AI has come back at me. Why are you

749
00:38:06.079 --> 00:38:09.760
<v Speaker 2>being so argumentative? And that's called an idea. It's not

750
00:38:09.800 --> 00:38:12.679
<v Speaker 2>an argument, it's called an idea. You need to learn

751
00:38:12.679 --> 00:38:16.840
<v Speaker 2>about ideas first. So it's funny to me that that's happening.

752
00:38:17.039 --> 00:38:19.760
<v Speaker 1>I hope that we don't end up with another division.

753
00:38:19.360 --> 00:38:22.039
<v Speaker 2>Of classes where you have people who are now critically

754
00:38:22.079 --> 00:38:24.440
<v Speaker 2>thinking and those who are simply being told what to do.

755
00:38:25.079 --> 00:38:27.599
<v Speaker 3>Yeah, I think we will. I mean, I think I

756
00:38:27.639 --> 00:38:30.960
<v Speaker 3>absolutely think we will. And it's not something that we desire.

757
00:38:30.960 --> 00:38:33.280
<v Speaker 3>It's not something that we want, but it's going to happen.

758
00:38:33.599 --> 00:38:36.800
<v Speaker 3>And unless you I like when you say you argue

759
00:38:36.800 --> 00:38:40.039
<v Speaker 3>with AI, because I was telling a group of people yesterday,

760
00:38:40.719 --> 00:38:43.519
<v Speaker 3>I say, I argue with AI, and I make AI

761
00:38:43.960 --> 00:38:46.559
<v Speaker 3>argue with me, and I tell it, don't listen to

762
00:38:46.599 --> 00:38:49.000
<v Speaker 3>what I'm telling you, push back on every argument that

763
00:38:49.039 --> 00:38:52.559
<v Speaker 3>you can think about, and once we come to a consensus,

764
00:38:52.840 --> 00:38:53.639
<v Speaker 3>this is what I do.

765
00:38:53.760 --> 00:38:56.079
<v Speaker 4>I then go to about two other.

766
00:38:55.920 --> 00:38:59.119
<v Speaker 3>AIS and I make them now argue with one another

767
00:38:59.159 --> 00:39:00.920
<v Speaker 3>to see exactly and since it's.

768
00:39:00.960 --> 00:39:04.480
<v Speaker 2>Cut pace, go find out the flaw in that system.

769
00:39:04.199 --> 00:39:05.840
<v Speaker 4>And not to argue what it said that and this

770
00:39:05.920 --> 00:39:06.760
<v Speaker 4>AI said that.

771
00:39:07.239 --> 00:39:08.599
<v Speaker 1>Here's a hat for you, guys.

772
00:39:08.719 --> 00:39:12.159
<v Speaker 2>If you're using prompts when you when you go into

773
00:39:12.199 --> 00:39:15.760
<v Speaker 2>looking at any analysis, ask the AI to think of

774
00:39:15.840 --> 00:39:19.559
<v Speaker 2>this as a chess game. And when you do that,

775
00:39:20.440 --> 00:39:25.320
<v Speaker 2>it starts to give you thought processes that are multiple

776
00:39:25.360 --> 00:39:31.039
<v Speaker 2>steps forward. So you, as the individual prompting AI, have

777
00:39:31.119 --> 00:39:34.920
<v Speaker 2>to be thinking multiple steps, you know, kind of the

778
00:39:35.320 --> 00:39:37.840
<v Speaker 2>three D chess model that I think a lot of

779
00:39:37.920 --> 00:39:41.000
<v Speaker 2>good investors and just people who are paying attention. You

780
00:39:41.039 --> 00:39:42.519
<v Speaker 2>don't even have to be smart. You just have to

781
00:39:42.559 --> 00:39:45.599
<v Speaker 2>be paying attention to what's happening in society to be

782
00:39:45.639 --> 00:39:46.599
<v Speaker 2>able to get to this done.

783
00:39:47.320 --> 00:39:48.719
<v Speaker 1>But try that next time.

784
00:39:48.559 --> 00:39:52.360
<v Speaker 2>You you go into AI, guys, and hopefully it will

785
00:39:52.360 --> 00:39:55.199
<v Speaker 2>help you out. And if you have a prompt that

786
00:39:55.280 --> 00:39:58.599
<v Speaker 2>you want to give to Camilla and I drop it

787
00:39:58.639 --> 00:39:59.599
<v Speaker 2>in the comments down below.

788
00:39:59.639 --> 00:40:02.119
<v Speaker 1>We'd love to to get some feedback there. Cam that's been.

789
00:40:02.039 --> 00:40:04.199
<v Speaker 2>Good chatting with. Where they Where can they find you?

790
00:40:04.280 --> 00:40:06.039
<v Speaker 2>Besides YouTube? Where are you on X?

791
00:40:07.000 --> 00:40:10.840
<v Speaker 3>Yeah, I'm I'm also under cam i am cam Stevenson

792
00:40:11.079 --> 00:40:15.320
<v Speaker 3>on X and then I'm also on Instagram under Kamilla

793
00:40:15.360 --> 00:40:19.239
<v Speaker 3>Stevenson and of course YouTube at doctor Camilla Stevenson. I

794
00:40:19.280 --> 00:40:21.079
<v Speaker 3>do have a lot of fake pages out there, so

795
00:40:21.119 --> 00:40:24.559
<v Speaker 3>be careful of that. Yeah, I'm working against that right now,

796
00:40:25.000 --> 00:40:26.079
<v Speaker 3>but that's where you can find me.

797
00:40:26.880 --> 00:40:30.280
<v Speaker 2>That is a problem, huge Trump. I don't understand why

798
00:40:30.320 --> 00:40:32.840
<v Speaker 2>YouTube cannot track this stuff down much less X you

799
00:40:32.880 --> 00:40:34.800
<v Speaker 2>have to. I have to report someone at least once

800
00:40:34.800 --> 00:40:38.039
<v Speaker 2>a week on X for that very issue.

801
00:40:38.119 --> 00:40:39.559
<v Speaker 1>And I don't understand. You got AI.

802
00:40:40.639 --> 00:40:43.920
<v Speaker 2>You know where you're authenticated, you know where your KYC

803
00:40:44.239 --> 00:40:47.679
<v Speaker 2>is done. So it's such an easy match to know

804
00:40:47.719 --> 00:40:49.519
<v Speaker 2>who the official account is.

805
00:40:49.679 --> 00:40:51.760
<v Speaker 1>I would think, yeah.

806
00:40:51.320 --> 00:40:54.960
<v Speaker 2>You know, I mean we're catching them and we just

807
00:40:55.480 --> 00:40:57.000
<v Speaker 2>are searching our own name, you know.

808
00:40:57.119 --> 00:41:00.159
<v Speaker 1>So, Mike, this is.

809
00:41:00.199 --> 00:41:04.039
<v Speaker 3>The job trying to you know, I've been fouling for

810
00:41:04.199 --> 00:41:08.039
<v Speaker 3>copyright infringement, and it's a whole nother job trying to

811
00:41:08.079 --> 00:41:12.719
<v Speaker 3>get you know, submit you know, all the notifications to

812
00:41:12.800 --> 00:41:15.119
<v Speaker 3>YouTube and I'm telling this to audience to do it

813
00:41:15.159 --> 00:41:16.079
<v Speaker 3>and it's yeah.

814
00:41:16.840 --> 00:41:17.400
<v Speaker 1>I will tell you.

815
00:41:17.440 --> 00:41:21.760
<v Speaker 2>Guys watching this right now also understand that ai ai

816
00:41:22.039 --> 00:41:25.400
<v Speaker 2>bots are now getting so good in the comments that

817
00:41:25.639 --> 00:41:29.079
<v Speaker 2>it's very difficult to determine if that is a real comment.

818
00:41:29.239 --> 00:41:32.679
<v Speaker 2>So anybody that's telling you to invest in something, first

819
00:41:32.679 --> 00:41:35.079
<v Speaker 2>of all in a comment, that should be the first

820
00:41:35.119 --> 00:41:38.360
<v Speaker 2>red flag, don't follow that. Don't click any links in

821
00:41:38.400 --> 00:41:40.280
<v Speaker 2>the comments on any of that kind of stuff. So

822
00:41:41.199 --> 00:41:44.719
<v Speaker 2>ne WhatsApp, telegrams, stay away from those. All. Just use

823
00:41:45.119 --> 00:41:50.119
<v Speaker 2>common sense. Cons It's so easy common sense to get

824
00:41:50.159 --> 00:41:52.920
<v Speaker 2>it done. Gimila, it's been good chatting with you. Thank

825
00:41:52.920 --> 00:41:53.920
<v Speaker 2>you so much for coming.

826
00:41:53.760 --> 00:41:55.280
<v Speaker 1>In on the show today. We appreciate it.

827
00:41:55.320 --> 00:41:56.559
<v Speaker 4>Thank you so much for having me.

828
00:41:56.800 --> 00:41:59.079
<v Speaker 2>All Right, you guys know what to do, like and subscribe,

829
00:41:59.119 --> 00:42:01.440
<v Speaker 2>hit Camilla up out there and we will catch you

830
00:42:01.519 --> 00:42:03.199
<v Speaker 2>later on the XRP pot Take care,