WEBVTT

1
00:00:05.040 --> 00:00:08.279
<v Speaker 1>Hey, everybody, Welcome into the Thinking Crypto podcast. You're home

2
00:00:08.359 --> 00:00:12.240
<v Speaker 1>for cryptocurrency news and interviews. I'm your host, Tony Edward

3
00:00:12.359 --> 00:00:15.000
<v Speaker 1>on your weight in. Please hit that subscribe button as

4
00:00:15.000 --> 00:00:17.519
<v Speaker 1>well as the thumbs up button and leave a comment below.

5
00:00:17.719 --> 00:00:20.280
<v Speaker 1>If you're listening on a podcast platform such as Spotify

6
00:00:20.359 --> 00:00:23.760
<v Speaker 1>or Apple, please leave a five star rating and review. Folks,

7
00:00:23.839 --> 00:00:25.920
<v Speaker 1>we of course have to talk about Bitcoin in the

8
00:00:26.000 --> 00:00:29.320
<v Speaker 1>market because Bitcoin pullback to below one hundred and fourteen

9
00:00:29.359 --> 00:00:32.399
<v Speaker 1>thousand dollars. It is currently trading at one hundred and

10
00:00:32.479 --> 00:00:36.640
<v Speaker 1>thirteen thousand, seven hundred and fifteen dollars, so this has

11
00:00:36.679 --> 00:00:39.200
<v Speaker 1>some people a bit worried. But folks, as we've been

12
00:00:39.479 --> 00:00:44.039
<v Speaker 1>monitoring and highlighting Bitcoin and all coins and the total

13
00:00:44.039 --> 00:00:47.240
<v Speaker 1>market cap, we're all in the overbod zone, even the

14
00:00:47.280 --> 00:00:50.240
<v Speaker 1>stock market, the SMP five hundred and the Nasdaq, so

15
00:00:50.359 --> 00:00:54.399
<v Speaker 1>this pullback is natural and healthy. Now there's narratives out there.

16
00:00:54.399 --> 00:00:56.920
<v Speaker 1>People are gonna say tariffs and this and that and whatever,

17
00:00:57.240 --> 00:00:59.880
<v Speaker 1>and maybe it all is time together. But the point

18
00:01:00.200 --> 00:01:03.119
<v Speaker 1>is based on the markets and what we've seen historically.

19
00:01:03.320 --> 00:01:05.840
<v Speaker 1>If you simply look at pattern recognition on the charts,

20
00:01:05.879 --> 00:01:08.680
<v Speaker 1>you will see it. So using the RSI, we have

21
00:01:08.799 --> 00:01:12.079
<v Speaker 1>been escaping that overbod zone, and I like what I'm

22
00:01:12.079 --> 00:01:14.959
<v Speaker 1>seeing Bitcoin right now at a forty on the RSI.

23
00:01:15.319 --> 00:01:18.400
<v Speaker 1>Many of you know, thirty and below is over sold.

24
00:01:18.480 --> 00:01:19.959
<v Speaker 1>So I don't know if we're going to head all

25
00:01:20.000 --> 00:01:21.879
<v Speaker 1>the way down to the oversal. Maybe we go down

26
00:01:21.920 --> 00:01:23.680
<v Speaker 1>and touch it a bit and then we bounce out

27
00:01:23.680 --> 00:01:26.799
<v Speaker 1>of there. But folks, I believe this is a healthy

28
00:01:26.840 --> 00:01:29.239
<v Speaker 1>pullback and it's going to set us up for the

29
00:01:29.280 --> 00:01:31.719
<v Speaker 1>next major rally, which is going to happen this month.

30
00:01:31.760 --> 00:01:34.560
<v Speaker 1>Obviously we're talking about August. Today's August first, so be

31
00:01:34.680 --> 00:01:38.200
<v Speaker 1>prepared for that, folks, and remember the macro thesis. So

32
00:01:38.239 --> 00:01:40.599
<v Speaker 1>once again, the S and P five hundred, the NASDAC

33
00:01:40.719 --> 00:01:43.719
<v Speaker 1>also in the overbod zone, also correcting. We're seeing red

34
00:01:43.719 --> 00:01:47.799
<v Speaker 1>on the charts, very healthy. Total three, which excludes bitcoin,

35
00:01:47.840 --> 00:01:50.519
<v Speaker 1>ethereum and stable coins also was in the overbod zone.

36
00:01:50.640 --> 00:01:54.840
<v Speaker 1>Very overheated actually and now coming down everything following bitcoin,

37
00:01:55.159 --> 00:01:57.959
<v Speaker 1>and as I shared in today's newsletter, there were some

38
00:01:58.120 --> 00:02:00.719
<v Speaker 1>CME gap points that are being filled old one hundred

39
00:02:00.719 --> 00:02:03.439
<v Speaker 1>and fifteen K one hundred and fourteen thousand, three hundred,

40
00:02:03.760 --> 00:02:06.840
<v Speaker 1>So could we go a little bit lower it's possible

41
00:02:07.000 --> 00:02:10.199
<v Speaker 1>if the RSI goes down and touches the oversoul zone,

42
00:02:10.199 --> 00:02:13.159
<v Speaker 1>bitcoint could go to one hundred and ten k, and

43
00:02:13.639 --> 00:02:15.840
<v Speaker 1>there are still key support levels like one hundred and

44
00:02:15.919 --> 00:02:19.400
<v Speaker 1>nine thousand, one hundred and six thousand, which still support

45
00:02:19.599 --> 00:02:24.039
<v Speaker 1>the bullmarket thesis. So again, no invalidation of the bullmarket here,

46
00:02:24.479 --> 00:02:27.360
<v Speaker 1>and I believe this is simply a bullish retest. And

47
00:02:27.400 --> 00:02:30.520
<v Speaker 1>then I think we see a bounce in August going

48
00:02:30.560 --> 00:02:33.960
<v Speaker 1>to new all time highs and global liquidity continues to

49
00:02:33.960 --> 00:02:38.000
<v Speaker 1>be the leading indicator here. Now, over the month of July,

50
00:02:38.159 --> 00:02:43.039
<v Speaker 1>we saw incredible inflows into crypto ETPs. Here, Eric Balichune's

51
00:02:43.039 --> 00:02:46.639
<v Speaker 1>Bloomberg highlighted the US crypto ETFs took in twelve point

52
00:02:46.680 --> 00:02:51.120
<v Speaker 1>eight billion dollars in July, the best month ever. That's incredible,

53
00:02:51.240 --> 00:02:55.719
<v Speaker 1>a six hundred million dollars per day pace, about double

54
00:02:55.800 --> 00:02:58.879
<v Speaker 1>the average as a group. That's more than any single

55
00:02:59.000 --> 00:03:04.319
<v Speaker 1>ETF did, even the mighty Voo. Further, every ETF in

56
00:03:04.439 --> 00:03:08.919
<v Speaker 1>category took in cash, example the converted trusts, with bitcoin

57
00:03:08.960 --> 00:03:14.479
<v Speaker 1>and etheroreum making equal contributions. So this is awesome. It's

58
00:03:14.479 --> 00:03:17.319
<v Speaker 1>incredible the amount of buying that's happening, and smart money

59
00:03:17.360 --> 00:03:20.520
<v Speaker 1>is loading up because they are anticipating higher prices. And

60
00:03:20.639 --> 00:03:23.080
<v Speaker 1>even on chain data, I've often shared this with you

61
00:03:23.120 --> 00:03:26.439
<v Speaker 1>guys on chain data from sentiment showing that whales with

62
00:03:26.560 --> 00:03:30.560
<v Speaker 1>ten or more bitcoin in wallets are continuing to accumulate.

63
00:03:31.000 --> 00:03:34.560
<v Speaker 1>So all the signals are there that further upside is coming,

64
00:03:35.039 --> 00:03:37.080
<v Speaker 1>and we just got to be patient and go through

65
00:03:37.080 --> 00:03:40.280
<v Speaker 1>the volatility. We got to expect volatility. That's part of

66
00:03:40.319 --> 00:03:43.240
<v Speaker 1>the markets, right, So this is the time to be patient,

67
00:03:43.439 --> 00:03:46.560
<v Speaker 1>exercise your patients, and understand the cycles that are playing

68
00:03:46.560 --> 00:03:49.680
<v Speaker 1>out here now. Today, the jobs numbers came in and

69
00:03:49.879 --> 00:03:54.199
<v Speaker 1>they were adjusted and they were actually worse than people anticipated.

70
00:03:54.240 --> 00:03:56.479
<v Speaker 1>And some of the June numbers and so forth were

71
00:03:56.560 --> 00:04:00.120
<v Speaker 1>updated and it showed lower job numbers. So things are

72
00:04:00.159 --> 00:04:02.560
<v Speaker 1>not looking too good. And what we saw with the

73
00:04:02.719 --> 00:04:07.240
<v Speaker 1>CME fed watch tool anticipating ray cuts that may come

74
00:04:07.280 --> 00:04:10.439
<v Speaker 1>in September, they spiked up to eighty one point nine

75
00:04:10.479 --> 00:04:14.080
<v Speaker 1>percent from thirty seven percent. So after Jerome Powell's speech,

76
00:04:14.360 --> 00:04:16.560
<v Speaker 1>he was a bit hawkish, right, and people are like, oh,

77
00:04:16.560 --> 00:04:18.360
<v Speaker 1>it doesn't seem like we're going to get a cut

78
00:04:18.399 --> 00:04:21.160
<v Speaker 1>in September. But with the numbers being as bad as

79
00:04:21.199 --> 00:04:24.600
<v Speaker 1>they are, the probability of them cutting rates in September

80
00:04:24.639 --> 00:04:28.120
<v Speaker 1>has jumped significantly. And I think because Jerome Powell is

81
00:04:28.120 --> 00:04:30.399
<v Speaker 1>always saying hey, based on the data, right. So the

82
00:04:30.519 --> 00:04:34.519
<v Speaker 1>data came in and clearly not good. So I think

83
00:04:34.519 --> 00:04:37.879
<v Speaker 1>we could expect a cut come September, and that would

84
00:04:37.879 --> 00:04:41.079
<v Speaker 1>be in a line where where global liquidity is topping

85
00:04:41.160 --> 00:04:43.560
<v Speaker 1>right now, as I've been telling you guys, to delay

86
00:04:43.560 --> 00:04:46.959
<v Speaker 1>in the tariffs between US and China by three months,

87
00:04:47.000 --> 00:04:51.000
<v Speaker 1>which puts US in October Congress passing the Clarity Act,

88
00:04:51.000 --> 00:04:53.959
<v Speaker 1>the Market Structure bills. So you have these narratives out there,

89
00:04:54.079 --> 00:04:56.160
<v Speaker 1>very big narratives that the mainstream media is going to

90
00:04:56.240 --> 00:04:58.800
<v Speaker 1>run with. Plus the FED looks like they're going to

91
00:04:58.879 --> 00:05:01.279
<v Speaker 1>cut in September. It will bring in a lot of

92
00:05:01.319 --> 00:05:05.399
<v Speaker 1>capital euphoria the FEDS cutting, you know, all these things,

93
00:05:05.439 --> 00:05:08.839
<v Speaker 1>crypto legislations passing, big Quin's hitting new all time highs.

94
00:05:09.319 --> 00:05:11.480
<v Speaker 1>But that's the time we're going to watch the market

95
00:05:11.480 --> 00:05:14.240
<v Speaker 1>to see are we in the top zone to take

96
00:05:14.600 --> 00:05:20.240
<v Speaker 1>profits and exit the market. So again, patients, patients, folks,

97
00:05:20.360 --> 00:05:22.439
<v Speaker 1>I know many of you want higher prices. So do

98
00:05:22.519 --> 00:05:25.279
<v Speaker 1>I I have my portfolio, I have skin in the game.

99
00:05:25.360 --> 00:05:28.079
<v Speaker 1>I have plans, I have financial ambitions and things like that,

100
00:05:28.120 --> 00:05:30.879
<v Speaker 1>so I want to take profits, guys. So I'm waiting

101
00:05:30.879 --> 00:05:33.240
<v Speaker 1>for higher prices just like you. But we got to

102
00:05:33.279 --> 00:05:35.879
<v Speaker 1>be smart investors here, not emotional, right. We don't want

103
00:05:35.920 --> 00:05:37.959
<v Speaker 1>to get emotional about markets. We want to look at

104
00:05:37.959 --> 00:05:41.639
<v Speaker 1>the data, the facts and form our thesis and be patient.

105
00:05:41.839 --> 00:05:44.720
<v Speaker 1>So that is where things stand as of today, folks.

106
00:05:44.920 --> 00:05:47.240
<v Speaker 1>Now quick way from our sponsor, and that is v Chain.

107
00:05:47.360 --> 00:05:49.600
<v Speaker 1>V chain is one of the top layer one enterprise

108
00:05:49.680 --> 00:05:53.319
<v Speaker 1>blockchains out there. They're getting adoption from brands and companies

109
00:05:53.360 --> 00:05:56.399
<v Speaker 1>around the world who are building Web three technology on

110
00:05:56.639 --> 00:05:59.279
<v Speaker 1>v Chain's blockchain. And some of the attributes of v

111
00:05:59.360 --> 00:06:03.319
<v Speaker 1>Chain's blockchain and includes it's secure, affordable, scalable, fast, and sustainable.

112
00:06:03.560 --> 00:06:08.560
<v Speaker 1>Some of the brands they work with includes Jivon, Chi, Walmart, China, BMWPWC,

113
00:06:08.680 --> 00:06:11.879
<v Speaker 1>Boston Consulting Group. They are even partner with Dana White

114
00:06:11.879 --> 00:06:14.839
<v Speaker 1>and the UFC doing some amazing things. And v Chanin

115
00:06:15.000 --> 00:06:19.000
<v Speaker 1>just recently launched staking via Stargate, which is their new

116
00:06:19.040 --> 00:06:22.160
<v Speaker 1>staking platform. So I'm a VET tokenholder. I have been

117
00:06:22.199 --> 00:06:25.360
<v Speaker 1>since twenty eighteen, folks, so long before they became a sponsor.

118
00:06:25.399 --> 00:06:27.519
<v Speaker 1>I'm bullish on this project. So if you'd like to

119
00:06:27.600 --> 00:06:29.839
<v Speaker 1>learn more, go to vechain dot org. Link will be

120
00:06:30.000 --> 00:06:33.000
<v Speaker 1>in the description. All right, we got some interesting updates

121
00:06:33.000 --> 00:06:37.319
<v Speaker 1>here from a news standpoint. So DeFi Education Fund urges

122
00:06:37.399 --> 00:06:41.199
<v Speaker 1>the Senate to strengthen the crypto development protections in the

123
00:06:41.319 --> 00:06:44.680
<v Speaker 1>draft bill. So, speaking about the CLARITIAC, the Market Structure

124
00:06:44.720 --> 00:06:48.439
<v Speaker 1>Bill and DeFi, of course is very complex, and we've

125
00:06:48.480 --> 00:06:51.240
<v Speaker 1>seen the US government not get things right. They try

126
00:06:51.279 --> 00:06:54.160
<v Speaker 1>to set certain rules, whether it be the IRS and

127
00:06:54.240 --> 00:06:57.160
<v Speaker 1>many other agencies in the government that have put out

128
00:06:57.199 --> 00:07:01.199
<v Speaker 1>recommendations that are not copestic with how DeFi operates. So

129
00:07:01.639 --> 00:07:03.439
<v Speaker 1>we need to make sure that is done right. So

130
00:07:03.560 --> 00:07:07.279
<v Speaker 1>cryptolobbying group DeFi Education Fund has called on the US

131
00:07:07.319 --> 00:07:10.480
<v Speaker 1>Senate Banking Committee to rethink how it plans to regulate

132
00:07:10.720 --> 00:07:16.079
<v Speaker 1>the decentralized finance industry after reviewing its recently published discussion

133
00:07:16.160 --> 00:07:20.040
<v Speaker 1>draft on a key crypto market structure bill. The response,

134
00:07:20.120 --> 00:07:23.879
<v Speaker 1>signed on behalf of the DeFi Education Fund members, including

135
00:07:24.040 --> 00:07:27.879
<v Speaker 1>A sixteen Z, Crypto UNISWAP Labs and Paradigm, said the

136
00:07:27.959 --> 00:07:31.000
<v Speaker 1>Responsible Financial Act of twenty twenty five bills should be

137
00:07:31.040 --> 00:07:34.879
<v Speaker 1>crafted in a more tech neutral manner, that crypto developers

138
00:07:34.879 --> 00:07:39.680
<v Speaker 1>could be protected from inappropriate regulation meant for intermediaries, and

139
00:07:39.759 --> 00:07:43.800
<v Speaker 1>that self custody rights for all Americans are essential. So

140
00:07:43.879 --> 00:07:46.360
<v Speaker 1>this is really great. The industry is reviewing all of

141
00:07:46.399 --> 00:07:50.040
<v Speaker 1>these things, weighing in and giving feedback to Congress. So

142
00:07:50.519 --> 00:07:54.720
<v Speaker 1>very good stuff here. Now the SEC's Crypto Task Force

143
00:07:55.120 --> 00:07:57.199
<v Speaker 1>is going to hit the road and they're going to

144
00:07:57.240 --> 00:08:01.439
<v Speaker 1>have ten roundtables across the United States. So this is amazing.

145
00:08:02.279 --> 00:08:04.279
<v Speaker 1>Can you imagine Garyginster doing this. He's not going to

146
00:08:04.399 --> 00:08:06.959
<v Speaker 1>He wasn't gonna do this, right, So it's really great

147
00:08:07.000 --> 00:08:09.160
<v Speaker 1>that they're doing this. And I plan to attend the

148
00:08:09.199 --> 00:08:10.680
<v Speaker 1>one that's going to be in New York City that's

149
00:08:10.720 --> 00:08:13.120
<v Speaker 1>going to be in September. I email the SEC to

150
00:08:13.120 --> 00:08:16.040
<v Speaker 1>get access to attend this in New York. So US

151
00:08:16.120 --> 00:08:19.040
<v Speaker 1>SEC Commissioner Hester Purse will hit the road this fall,

152
00:08:19.120 --> 00:08:22.480
<v Speaker 1>leading a ten city tour as part of the secu's

153
00:08:22.519 --> 00:08:26.920
<v Speaker 1>new crypto outreach initiative. The regulator announced a roundtable series

154
00:08:26.959 --> 00:08:30.920
<v Speaker 1>on Friday aimed at gathering feedback from industry stakeholders, developers,

155
00:08:30.959 --> 00:08:35.159
<v Speaker 1>and investors as the agency ways feature digital asset rules.

156
00:08:35.559 --> 00:08:39.399
<v Speaker 1>Here is a quote the Crypto Task Force is acutely

157
00:08:39.480 --> 00:08:43.399
<v Speaker 1>aware that any regulatory framework will have far reaching effects,

158
00:08:43.559 --> 00:08:46.120
<v Speaker 1>and we want to ensure that our outreach is as

159
00:08:46.200 --> 00:08:50.799
<v Speaker 1>comprehensive as possible, hester Perce said in this statement. So

160
00:08:50.879 --> 00:08:53.960
<v Speaker 1>the roundtable discussions will take place between August and December.

161
00:08:54.240 --> 00:08:56.879
<v Speaker 1>So folks, you can check out their statement for the

162
00:08:56.919 --> 00:08:59.039
<v Speaker 1>full list of all the locations and the dates. And

163
00:08:59.120 --> 00:09:01.039
<v Speaker 1>like I said, I will be attending the one in

164
00:09:01.039 --> 00:09:04.159
<v Speaker 1>New York City in September. I think it's September twenty fifth.

165
00:09:04.320 --> 00:09:06.039
<v Speaker 1>So if you're in New Jersey or in New York

166
00:09:06.120 --> 00:09:08.519
<v Speaker 1>you want attend, you know, definitely email the SEC to

167
00:09:08.559 --> 00:09:11.159
<v Speaker 1>try to attend. It is really really great. I'll get

168
00:09:11.200 --> 00:09:13.559
<v Speaker 1>you guys all the updates. Of course. Now look at this,

169
00:09:13.759 --> 00:09:18.360
<v Speaker 1>crypto exchange Gate launches spot trading services in the United States.

170
00:09:18.559 --> 00:09:21.960
<v Speaker 1>So we continue to see competition heating up, guys, and

171
00:09:21.960 --> 00:09:25.759
<v Speaker 1>that's really good for us as users and consumers. So

172
00:09:25.840 --> 00:09:28.960
<v Speaker 1>crypto exchange Gate is launching in the US, offering spot

173
00:09:29.000 --> 00:09:32.320
<v Speaker 1>trading services to US customers for the first time. Founded

174
00:09:32.320 --> 00:09:35.840
<v Speaker 1>in twenty thirteen by Chinese scientists Lin Han, the company

175
00:09:36.000 --> 00:09:39.799
<v Speaker 1>cited improved regulatory clarity in the country as a reason

176
00:09:40.120 --> 00:09:43.320
<v Speaker 1>behind the move. According to Gate, it will initially offer

177
00:09:43.399 --> 00:09:47.399
<v Speaker 1>crypto trading pairs for US customers, with upcoming services for

178
00:09:47.519 --> 00:09:51.480
<v Speaker 1>Fiat on and off ramps and support for Custodia wallets.

179
00:09:51.519 --> 00:09:54.919
<v Speaker 1>As of July twenty fourth, the exchange offered over thirty

180
00:09:54.960 --> 00:09:58.399
<v Speaker 1>eight hundred trading pairs on its platform, one of the

181
00:09:58.639 --> 00:10:02.039
<v Speaker 1>largest asset variet in the market, so that's pretty big.

182
00:10:02.120 --> 00:10:04.960
<v Speaker 1>That's a lot of trading pairs, so once again very good.

183
00:10:05.039 --> 00:10:07.960
<v Speaker 1>Competition's very good, and it's going to force some of

184
00:10:08.000 --> 00:10:11.159
<v Speaker 1>the US exchanges to up their game, right to raise

185
00:10:11.200 --> 00:10:14.759
<v Speaker 1>their standard because you know, everybody's trying to grab as

186
00:10:14.840 --> 00:10:16.919
<v Speaker 1>much of the market share as possible. So this is

187
00:10:16.919 --> 00:10:18.799
<v Speaker 1>really great. I think a lot of exchanges that we

188
00:10:18.799 --> 00:10:21.120
<v Speaker 1>were not able to access in the past we'll be

189
00:10:21.159 --> 00:10:23.879
<v Speaker 1>able to come into the United States. And once again,

190
00:10:23.919 --> 00:10:26.799
<v Speaker 1>competition is very good, very healthy for the market. But

191
00:10:26.879 --> 00:10:29.279
<v Speaker 1>you can see everybody's trying to get as much of

192
00:10:29.320 --> 00:10:33.320
<v Speaker 1>the market share as possible to generate as much revenue

193
00:10:33.320 --> 00:10:36.399
<v Speaker 1>and profit. Of course, now final news item, zen Rock

194
00:10:36.519 --> 00:10:41.879
<v Speaker 1>launches zenbtc as the first decentralized yield bearing bitcoin on Salana.

195
00:10:42.360 --> 00:10:44.320
<v Speaker 1>So this is interesting. Some of these things have been

196
00:10:44.320 --> 00:10:47.360
<v Speaker 1>done on the theorem actually so zen Rock, the decentralized

197
00:10:47.399 --> 00:10:52.720
<v Speaker 1>custody network incubated by Dan Tapiro's fifty T Funds formerly

198
00:10:52.720 --> 00:10:56.480
<v Speaker 1>known as ten T Holdings and one Roundtable Partners, enables

199
00:10:56.519 --> 00:11:00.840
<v Speaker 1>secure decentralized wrap asset self custody through its Decentralized Custody

200
00:11:00.879 --> 00:11:07.360
<v Speaker 1>Token DTC standard so zen btc, the first DTC is

201
00:11:07.399 --> 00:11:10.240
<v Speaker 1>the first wrap bitcoin asset on Solona that is both

202
00:11:10.240 --> 00:11:14.639
<v Speaker 1>decentralized and natively yield bearing. The two trillion dollars bitcoin

203
00:11:14.720 --> 00:11:19.600
<v Speaker 1>market remains underserved by traditional custodians that lack yield offerings.

204
00:11:20.000 --> 00:11:23.679
<v Speaker 1>Zen btc solves this by enabling self custody and maintaining

205
00:11:23.720 --> 00:11:28.200
<v Speaker 1>Bitcoin's native security model while unlocking yield opportunities across the

206
00:11:28.240 --> 00:11:33.480
<v Speaker 1>Solana ecosystem. With the rapidly growing accessibility of tokenized equity,

207
00:11:33.559 --> 00:11:37.679
<v Speaker 1>credit and real estate, institutions and retail participants alike are

208
00:11:37.799 --> 00:11:42.279
<v Speaker 1>increasingly seeking to maximize the tradeability and capital efficiency of

209
00:11:42.399 --> 00:11:47.120
<v Speaker 1>larger TAM assets like bitcoin using on chain rails. So

210
00:11:47.279 --> 00:11:50.120
<v Speaker 1>I love the idea. I love this because rather than

211
00:11:50.200 --> 00:11:52.639
<v Speaker 1>just have your assets sit there, you can earn yield

212
00:11:52.639 --> 00:11:55.000
<v Speaker 1>off of it. The important things that you have to

213
00:11:55.080 --> 00:11:59.200
<v Speaker 1>check is that this is a secure platform building on

214
00:11:59.279 --> 00:12:03.200
<v Speaker 1>and it's not acable. They are using the appropriate custody services,

215
00:12:03.200 --> 00:12:06.399
<v Speaker 1>maybe bank level or you know, a large institutional level

216
00:12:06.480 --> 00:12:08.840
<v Speaker 1>like coin based prime. You know black Rock uses like

217
00:12:09.080 --> 00:12:11.720
<v Speaker 1>coin based custody, and much more so. These are the

218
00:12:11.799 --> 00:12:14.440
<v Speaker 1>devils and the details, right that we need to figure out,

219
00:12:14.480 --> 00:12:16.799
<v Speaker 1>because you always want to make sure you do your

220
00:12:16.840 --> 00:12:19.720
<v Speaker 1>research before you go lock up your funds. So I'm

221
00:12:19.720 --> 00:12:21.360
<v Speaker 1>going to look into things like this, but I want

222
00:12:21.360 --> 00:12:23.039
<v Speaker 1>to make sure it's safe, and I will probably put

223
00:12:23.080 --> 00:12:24.919
<v Speaker 1>a little bit of crypto test it out and see

224
00:12:24.919 --> 00:12:27.480
<v Speaker 1>how it works. You know, maybe if even if there's

225
00:12:27.480 --> 00:12:30.759
<v Speaker 1>some sort of insurance or fail safe or something that's

226
00:12:30.799 --> 00:12:33.720
<v Speaker 1>offered in case something goes wrong, you know that that

227
00:12:33.799 --> 00:12:35.519
<v Speaker 1>will be really great. But we'll have to wait and

228
00:12:35.559 --> 00:12:38.919
<v Speaker 1>see and who's backing it, and what's the custody infrastructure

229
00:12:38.960 --> 00:12:41.600
<v Speaker 1>and much more so, Again, make sure you do your

230
00:12:41.639 --> 00:12:43.759
<v Speaker 1>research with all of these things. But this is great

231
00:12:43.799 --> 00:12:45.720
<v Speaker 1>and the folks who are able to get this right

232
00:12:45.799 --> 00:12:49.120
<v Speaker 1>will make a lot of money because again Wall Street

233
00:12:49.159 --> 00:12:50.720
<v Speaker 1>and all the tradifi are going to be holding these

234
00:12:50.720 --> 00:12:52.919
<v Speaker 1>assets and they're gonna want to earn yield folks and

235
00:12:53.159 --> 00:12:56.440
<v Speaker 1>likewise many of you as well. So this is this

236
00:12:56.480 --> 00:12:58.240
<v Speaker 1>is something to definitely look into and I will let

237
00:12:58.279 --> 00:13:01.240
<v Speaker 1>you guys know if I do participate. Folks, that's the news.

238
00:13:01.399 --> 00:13:03.120
<v Speaker 1>Let me know what you think. Leave your thoughts and

239
00:13:03.120 --> 00:13:05.720
<v Speaker 1>comments below hit the thumbs up button. And a great

240
00:13:05.720 --> 00:13:07.480
<v Speaker 1>way you can support me in the podcast is by

241
00:13:07.519 --> 00:13:10.320
<v Speaker 1>subscribing to my free email news that are on Substack.

242
00:13:10.399 --> 00:13:12.440
<v Speaker 1>It is one hundred percent free. I put out an

243
00:13:12.519 --> 00:13:15.120
<v Speaker 1>update today, so check it out folks. Once again, it's free.

244
00:13:15.320 --> 00:13:17.879
<v Speaker 1>Check out my book on Amazon, It's available in paperback

245
00:13:17.960 --> 00:13:21.679
<v Speaker 1>and digital, and my course at Mycrypto course dot com.

246
00:13:21.720 --> 00:13:24.840
<v Speaker 1>This is a comprehensive course that teaches you every aspect

247
00:13:24.919 --> 00:13:28.360
<v Speaker 1>of crypto. Knowledge is power expand your knowledge, and this

248
00:13:28.480 --> 00:13:32.840
<v Speaker 1>course is unique. No other course offers expert commentary. You

249
00:13:32.840 --> 00:13:36.879
<v Speaker 1>will hear from founders, CEOs, institutional investors, and many other

250
00:13:36.919 --> 00:13:40.360
<v Speaker 1>folks explaining these different crypto aspects to you. So you're

251
00:13:40.399 --> 00:13:43.080
<v Speaker 1>hearing from the people who are actually investing in building.

252
00:13:43.679 --> 00:13:47.799
<v Speaker 1>For example, learn about tokenization from Carlos Domingo, co founder

253
00:13:47.799 --> 00:13:51.000
<v Speaker 1>and CEO Securitize. Securitize is the company to help Black

254
00:13:51.080 --> 00:13:53.639
<v Speaker 1>Rock to launch their tokenized fund. Right, so no other

255
00:13:53.720 --> 00:13:55.879
<v Speaker 1>course offers this, folks, so check it out. You pay

256
00:13:55.879 --> 00:13:58.159
<v Speaker 1>a one time fee, you get lifetime access, share to

257
00:13:58.240 --> 00:14:00.799
<v Speaker 1>access with your friends and family if you want. But

258
00:14:00.799 --> 00:14:02.799
<v Speaker 1>it's packed with a ton of value, so go to

259
00:14:02.840 --> 00:14:05.720
<v Speaker 1>mycryptocurse dot com to learn more. All of the links

260
00:14:05.759 --> 00:14:07.960
<v Speaker 1>will be in a description. Thank you so much for

261
00:14:08.000 --> 00:14:10.960
<v Speaker 1>watching and listening. I appreciate you all, and I'll talk

262
00:14:11.000 --> 00:14:12.120
<v Speaker 1>to you all later