WEBVTT 1 00:00:00.080 --> 00:00:03.799 Google and American Express are both partnering with coinbase to 2 00:00:04.040 --> 00:00:08.640 expand their crypto services and functionality. This is bullish news, 3 00:00:09.000 --> 00:00:12.599 and major banks around the globe are adopting crypto. I'll 4 00:00:12.640 --> 00:00:20.280 give you the details. Let's get into it. Hey, everybody, 5 00:00:20.320 --> 00:00:24.120 welcome into the Thinking Crypto podcast. You're home for cryptocurrency 6 00:00:24.160 --> 00:00:27.359 news and interviews. I'm your host, Tony Edward. On your 7 00:00:27.359 --> 00:00:29.839 way in. Please sit that subscribe button as well as 8 00:00:29.839 --> 00:00:32.280 a thumbs up button and leave a common blow. If 9 00:00:32.280 --> 00:00:35.320 you're listening on a podcast platform such as Spotify or Apple, 10 00:00:35.520 --> 00:00:38.399 please leave a five star rating and review. Folks, I've 11 00:00:38.439 --> 00:00:40.399 got huge news to share with you, so make sure 12 00:00:40.439 --> 00:00:43.759 you watch and listen to the end. It's all bullish news. First, 13 00:00:43.880 --> 00:00:47.079 let's talk about price, because Bitcoin today made a move 14 00:00:47.119 --> 00:00:49.679 over one hundred and sixteen thousand. Now, as I've been 15 00:00:49.679 --> 00:00:51.880 telling you guys, tomorrow we're going to hear from the FED. 16 00:00:51.960 --> 00:00:54.920 In any week of an FMC meeting, there's going to 17 00:00:54.960 --> 00:00:57.359 be a lot of volatility, So don't be surprised if 18 00:00:57.359 --> 00:01:00.920 we see dumps tomorrow or a pump. Just be prepared 19 00:01:01.320 --> 00:01:05.159 for all types of madness, right especially even the days 20 00:01:05.200 --> 00:01:09.040 following like Thursday, and Friday. So one thing is for sure. 21 00:01:09.079 --> 00:01:11.480 We are in a macro bullmarket and we're still on track, 22 00:01:11.560 --> 00:01:14.079 so no invalidation. Just this week is going to be 23 00:01:14.200 --> 00:01:16.879 very volatile. The whales and the market makers are going 24 00:01:16.920 --> 00:01:19.159 to play with folks and you know, try to shake 25 00:01:19.200 --> 00:01:21.640 them out. But as I've been sharing with you guys, 26 00:01:21.760 --> 00:01:25.840 global liquidity has recovered and in fact it has broken 27 00:01:26.000 --> 00:01:29.120 into new all time highs. So this goes back to 28 00:01:29.159 --> 00:01:31.959 the thesis I've been telling you guys. Q four could 29 00:01:31.959 --> 00:01:34.040 be a local top and then the eventual blow off 30 00:01:34.120 --> 00:01:37.200 top could come in Q one, twenty twenty six. So 31 00:01:37.239 --> 00:01:39.920 we're going to continue to watch global liquidity in addition 32 00:01:40.000 --> 00:01:43.480 to other signals to see where we're at in the cycle. 33 00:01:43.840 --> 00:01:46.000 Because you know, some people are saying, hey, the blow 34 00:01:46.000 --> 00:01:48.400 off top could happen in Q four, and it certainly could, 35 00:01:48.760 --> 00:01:51.359 but if all the signals don't align, you know, we'll 36 00:01:51.359 --> 00:01:54.159 have to say, hey, look, this could be extended into 37 00:01:54.159 --> 00:01:56.560 twenty twenty six. So this is where we want to 38 00:01:56.599 --> 00:01:59.439 stay informed, look at the data and the metrics not 39 00:01:59.560 --> 00:02:02.200 be a moot, and I will continue to share the 40 00:02:02.280 --> 00:02:05.599 updates with you guys. So things are looking good. I 41 00:02:05.640 --> 00:02:08.159 want to share some charts here from great analysts such 42 00:02:08.199 --> 00:02:12.000 as crypto Wizard, who said, eerily similar. Do you see it? 43 00:02:12.120 --> 00:02:16.520 Bitcoin has been trading extremely similar to the twenty seventeen cycle. 44 00:02:16.639 --> 00:02:20.919 Ir reversal from here could lead to a monumental parabolic rally. 45 00:02:21.000 --> 00:02:23.680 Will the FED help, he asked, and he shared the 46 00:02:23.719 --> 00:02:28.120 twenty seventeen fractal chart compared to where we're at right now, 47 00:02:28.319 --> 00:02:31.680 and it looks eerily similar. So it doesn't mean that 48 00:02:31.800 --> 00:02:33.840 is guaranteed to play out this way, but we're seeing 49 00:02:34.000 --> 00:02:37.639 very similar patterns here. And here, my friend Caleb Franzen, 50 00:02:37.680 --> 00:02:39.800 who's a great analyst, I've had him on the podcast 51 00:02:39.840 --> 00:02:43.400 many times. He shared a chart showing Bitcoin trading above 52 00:02:43.439 --> 00:02:46.479 the twenty one EMA, the fifty five day EMA, and 53 00:02:46.520 --> 00:02:49.120 one hundred day EMA. He said, the twenty one is 54 00:02:49.159 --> 00:02:51.479 above the fifty five and the fifty five is above 55 00:02:51.520 --> 00:02:55.520 the one hundred. That's confirmation of an uptrend. Folks. If 56 00:02:55.560 --> 00:02:58.319 we lose these levels, then we can get a bit concerned. 57 00:02:58.719 --> 00:03:02.960 Until then, I'm omega bullish. So again, the data now right, 58 00:03:03.199 --> 00:03:06.599 so we are above these trend lines and support levels 59 00:03:06.599 --> 00:03:10.319 that we've seen historically. So once again, bull market's not over. 60 00:03:10.439 --> 00:03:12.960 We still got more to go. But we are in 61 00:03:12.960 --> 00:03:15.120 that final fifth wave if you want to call it 62 00:03:15.159 --> 00:03:18.439 a macro fifth wave now if you're doing an elliot 63 00:03:18.439 --> 00:03:21.240 wave analysis. So the top is near. And when I 64 00:03:21.280 --> 00:03:22.800 say that, I know some people are going to get 65 00:03:22.800 --> 00:03:25.599 triggered and say what next week, next month? No, I'm 66 00:03:25.599 --> 00:03:28.560 talking like a three to four to five month window, right, 67 00:03:28.800 --> 00:03:31.479 and that's pretty much going to be it. That's you know, 68 00:03:31.520 --> 00:03:33.199 it's going to be show over. Once we hit that 69 00:03:33.280 --> 00:03:36.719 parabolic euphoric phase. The dumb money comes in. Everybody in 70 00:03:36.759 --> 00:03:39.840 their uncle and grandma saying crypto is the greatest thing ever. 71 00:03:39.919 --> 00:03:42.759 But we know what follows that, right, This is just 72 00:03:42.800 --> 00:03:44.639 the nature of markets, and the same thing for the 73 00:03:44.639 --> 00:03:46.960 stock market. So, folks, tomorrow is going to be a 74 00:03:46.960 --> 00:03:50.759 big day. Everybody's anticipating a twenty five basis point cut. 75 00:03:51.000 --> 00:03:54.159 We could be surprised by the Fed and get fifty percent, 76 00:03:54.439 --> 00:03:56.280 but most like he's going to be twenty five because 77 00:03:56.319 --> 00:03:59.039 I think if they cut by fifty percent it could 78 00:03:59.080 --> 00:04:02.280 trigger some warnings that the economy is not in a 79 00:04:02.280 --> 00:04:04.039 good place, and I don't think it is. I think 80 00:04:04.360 --> 00:04:06.360 if you look at the job numbers and so forth, 81 00:04:06.560 --> 00:04:08.879 they're not good. So we're in a light recession and 82 00:04:09.000 --> 00:04:11.319 whatever it may be, but that could trigger them to 83 00:04:11.520 --> 00:04:14.560 insert a lot of liquidity. You know, in different ways 84 00:04:14.599 --> 00:04:16.759 they have fed and the Treasury. They've been doing pseudo 85 00:04:16.839 --> 00:04:19.560 liquidity over the past couple of years. So let's see 86 00:04:19.560 --> 00:04:24.160 what happens. Nevertheless, bullmarket's still intech and just be ready 87 00:04:24.279 --> 00:04:27.199 for some fireworks and things like that as we head 88 00:04:27.240 --> 00:04:30.959 into Q four. Now here's more examples of we are 89 00:04:31.000 --> 00:04:34.800 still in the bullmarket. The Trump families, American Bitcoin just 90 00:04:34.839 --> 00:04:37.879 went public today on the Nasdaq. Last week it was 91 00:04:37.920 --> 00:04:40.639 Gemini Exchange. Of course, this year we saw a lot 92 00:04:40.639 --> 00:04:43.800 of companies e Toro, Bullish of course, the biggest one 93 00:04:43.839 --> 00:04:46.800 being Circle. So no one does an ipo or goes 94 00:04:46.879 --> 00:04:49.759 public in a bear market. Right, come on, now, put 95 00:04:49.800 --> 00:04:52.319 your thinking caps on. So you got to look at 96 00:04:52.360 --> 00:04:53.720 all of these things. You got to look at the 97 00:04:53.759 --> 00:04:56.519 market holistically. That's why I'm giving you different point of views. 98 00:04:56.879 --> 00:05:00.319 So we're not looking at one metric and having tunnel 99 00:05:00.399 --> 00:05:02.199 vision for just a handful of metrics. We want to 100 00:05:02.199 --> 00:05:04.879 look at everything, right, Sentiment, what's happening in the market, 101 00:05:04.920 --> 00:05:08.199 liquidity and all these things. So this is another example 102 00:05:08.240 --> 00:05:12.360 and my hope though, is that things like this are 103 00:05:12.399 --> 00:05:16.399 not going to roadblock the claritiac the crypto Legislation Bill 104 00:05:16.439 --> 00:05:19.240 from passing this fall because a lot of Democrats don't 105 00:05:19.319 --> 00:05:21.560 like that Trump and his family are benefiting from this, 106 00:05:21.759 --> 00:05:23.800 and I'm just reporting the news to you, right, that's 107 00:05:23.839 --> 00:05:25.920 a fact. We've seen a lot of Democrats come out 108 00:05:26.120 --> 00:05:29.240 against this. So let's hope this doesn't trip us up 109 00:05:29.319 --> 00:05:33.399 later on that the Democrats push through and they don't 110 00:05:33.439 --> 00:05:36.480 really get too political here, but we'll have to wait 111 00:05:36.519 --> 00:05:38.639 and see, folks. Quick word from our sponsor, and that 112 00:05:38.759 --> 00:05:41.360 is Propy Property is leading the charge with putting real 113 00:05:41.439 --> 00:05:44.000 estate on chain. You can buy and sell homes on 114 00:05:44.199 --> 00:05:47.040 Propy using cryptos. If you want to sell your home 115 00:05:47.079 --> 00:05:49.279 for bitcoin, or even buy a home that's for sale 116 00:05:49.319 --> 00:05:51.360 and bitcoin or XR period theorem, you can do that 117 00:05:51.480 --> 00:05:55.160 on Propy and their platform is powered with blockchain. We 118 00:05:55.240 --> 00:05:57.680 know that real estate is going to get tokenized, right, 119 00:05:57.759 --> 00:06:01.680 and the real estate process will use blockchain. A lot 120 00:06:01.680 --> 00:06:04.360 of intermediaries and middleman are going to get cut out. 121 00:06:04.680 --> 00:06:07.279 This is the future. So Propy's been doing this since 122 00:06:07.319 --> 00:06:11.000 twenty seventeen. They're a licensed Web three pioneer. They facilitated 123 00:06:11.040 --> 00:06:14.600 over four billion dollars in transactions, and they have put 124 00:06:14.720 --> 00:06:18.279 deeds on chain. They've created NFTs for homes and much more. 125 00:06:18.639 --> 00:06:21.079 And the buying and selling process they use coinbase with 126 00:06:21.120 --> 00:06:23.920 the crypto escrow. So I'm a Propy token I have 127 00:06:24.040 --> 00:06:26.759 been since twenty eighteen. When I discovered this project, I 128 00:06:26.839 --> 00:06:30.079 invested right away. I remember buying the token on bitrex. 129 00:06:30.399 --> 00:06:32.360 So I'm very bullish on this. It's one of my 130 00:06:32.360 --> 00:06:35.519 big bets because again, you see the direction the puck 131 00:06:35.639 --> 00:06:38.199 is heading in, and all assets are going to be tokenized, 132 00:06:38.240 --> 00:06:41.319 including the world's largest asset class, which is real estate, 133 00:06:41.759 --> 00:06:44.839 and this industry is primed to be disrupted by blockchain. 134 00:06:44.959 --> 00:06:48.439 So that's why I'm putting my money on Propy. So 135 00:06:48.519 --> 00:06:50.680 if you'd like to learn more, go to propy dot com. 136 00:06:50.720 --> 00:06:53.480 Link will be in the description. Now, folks, look at 137 00:06:53.480 --> 00:06:57.279 this news. This is huge. Google unveils open source protocol 138 00:06:57.360 --> 00:07:01.279 for AI payments with stable coin support. You know, I've 139 00:07:01.279 --> 00:07:03.600 had many guests on the podcast and I've done interviews 140 00:07:03.639 --> 00:07:07.399 talking about AI agents will be using stable coins, even 141 00:07:07.480 --> 00:07:10.519 humanoid robots. I've had quite a few interviews talking about that, 142 00:07:11.040 --> 00:07:13.839 and we're starting to see the development of this, so 143 00:07:13.959 --> 00:07:16.519 let me give you the details here, folks. Google has 144 00:07:16.600 --> 00:07:20.480 unveiled an open source protocol that allows AI applications to 145 00:07:20.519 --> 00:07:25.120 send and receive payments, including transactions using stable coins, highlighting 146 00:07:25.160 --> 00:07:29.079 the growing role of dollar peg cryptocurrencies in the emerging 147 00:07:29.439 --> 00:07:33.480 AI driven web. The initiative is being launched in partnership 148 00:07:33.480 --> 00:07:38.759 with Salesforce, American Express, and sixty other companies. Fortune reported 149 00:07:38.800 --> 00:07:44.399 Tuesday stable coin functionality was developed in collaboration with crypto Exchange, Coinbase, 150 00:07:44.720 --> 00:07:48.079 and the Etherorem Foundation was also consulted on the project. 151 00:07:48.160 --> 00:07:51.680 James Truman's head of Web three at Google Cloud, confirmed 152 00:07:51.680 --> 00:07:55.160 the rollout, telling Fortune that the protocol was designed to 153 00:07:55.199 --> 00:07:59.759 support both existing payment rail capabilities as well as forthcoming 154 00:07:59.800 --> 00:08:03.879 case abilities such as stable coins. Isn't this incredible, folks? 155 00:08:03.959 --> 00:08:06.680 You know some people out there think crypto is a scam, 156 00:08:06.680 --> 00:08:09.000 a fat stable coins don't make sense. Why do you 157 00:08:09.040 --> 00:08:12.199 need stable coins? I have PayPal and Venmo. Yet PayPal 158 00:08:12.560 --> 00:08:15.920 and all these companies are adopting crypto and stable coins 159 00:08:15.920 --> 00:08:19.279 and using blockchain rails because of the instant settlement. So 160 00:08:19.360 --> 00:08:21.800 this is where education is so important. You are seeing 161 00:08:21.839 --> 00:08:25.800 the biggest companies adopting this technology. So coin based engineer 162 00:08:25.920 --> 00:08:28.839 Eric Rappel said, the exchange work with Google to make 163 00:08:28.879 --> 00:08:32.960 their payment systems interoppable. Here's the quote. We're all working 164 00:08:33.000 --> 00:08:35.960 to figure out how to make AI transmit value to 165 00:08:36.039 --> 00:08:39.559 each other, he told Fortune. The payment system builds on 166 00:08:39.679 --> 00:08:43.960 Google's Agent to Agent protocol introduce in April, which provides 167 00:08:44.039 --> 00:08:47.919 a framework for AI agents to exchange information and interact 168 00:08:47.960 --> 00:08:51.480 more efficiently. It was developed with support from more than 169 00:08:51.600 --> 00:08:57.600 fifty technology partners, including PayPal, Salesforce, and SAP, and consulting 170 00:08:57.679 --> 00:09:01.039 firms such as Deloitte, McKenzie and p wu SE. The 171 00:09:01.080 --> 00:09:05.039 Tuesday announcement comes amid a growing push to connect AI agents, 172 00:09:05.279 --> 00:09:09.799 autonomous software programs capable of making decisions without human input, 173 00:09:10.000 --> 00:09:15.000 with decentralized finance protocols, such integration with streamline trading, improved 174 00:09:15.080 --> 00:09:19.759 user interaction, and expand reil world payment use cases. Folks, 175 00:09:19.759 --> 00:09:23.840 the infrastructure is being built here for mass adoption, and 176 00:09:24.120 --> 00:09:28.720 not only amongst human beings, but AI agents and humanoid robots. 177 00:09:29.159 --> 00:09:31.679 So this is incredible news. And of course the folks 178 00:09:31.759 --> 00:09:35.440 at coinbase, you know, they highlighted this. Brian Armstrong's CEE 179 00:09:35.519 --> 00:09:39.080 of Coinbase, tweeted out x four oh two. Plus, Google 180 00:09:39.240 --> 00:09:42.840 just unlocked a new level for AI agents. Agents can 181 00:09:43.039 --> 00:09:45.759 actually pay each other now with X four oh two 182 00:09:45.879 --> 00:09:50.799 powering the stable coin rail inside Google's new agentic payments protocol. 183 00:09:51.120 --> 00:09:56.840 Really cool. They also highlighted that circles, Developer Control wallets, 184 00:09:57.200 --> 00:10:02.360 and USDC along with X four too, APIs can charge 185 00:10:02.440 --> 00:10:05.759 down to sense and clients human or AI can pay 186 00:10:05.799 --> 00:10:09.080 per use. So you're going to get the micropayments here, 187 00:10:09.159 --> 00:10:12.279 fractional payments, even if it's like a couple pennies, right, 188 00:10:12.440 --> 00:10:14.639 because no one pays each other that way, but AI 189 00:10:14.759 --> 00:10:19.720 agents will as certain interactions become cheaper. Things that cost 190 00:10:19.960 --> 00:10:24.039 a lot more with humans will now be cheaper with AIS. 191 00:10:24.120 --> 00:10:26.960 So it's incredible what's being built here. And you can 192 00:10:26.960 --> 00:10:28.879 see how crypto and stable coins are going to be 193 00:10:29.000 --> 00:10:32.919 used on blockchain rails. So I've often said AI and 194 00:10:33.000 --> 00:10:36.879 blockchain have a symbiotic relationship. They benefit each other in 195 00:10:36.919 --> 00:10:40.519 different ways. So this is incredible, incredible news. Now look 196 00:10:40.519 --> 00:10:42.879 at this even more news with coinbase, and it's with 197 00:10:43.000 --> 00:10:48.879 American Express. So American Express launches travel stamp NFTs on Base. 198 00:10:49.120 --> 00:10:51.000 Now many of you know Base is the layer two 199 00:10:51.000 --> 00:10:54.440 on etherorem created by coinbase, and in fact there's news 200 00:10:54.799 --> 00:10:57.480 coming out that they're looking to launch a coin which 201 00:10:57.559 --> 00:10:59.759 is surprising. I thought they were going to avoid that. 202 00:10:59.799 --> 00:11:01.759 But more to come on that. I'm going to try 203 00:11:01.759 --> 00:11:04.559 to get an interview with Jesse Pollock from a coinbase again. 204 00:11:05.120 --> 00:11:08.720 So miscollecting stamps in your passport, American Express is now 205 00:11:08.759 --> 00:11:13.480 giving US cardholders unchain travel stamps for each country visited 206 00:11:13.519 --> 00:11:17.440 around the world. Each digital stamp with the AMEX Passport 207 00:11:17.440 --> 00:11:21.120 feature has an associated piece of art that will be 208 00:11:21.159 --> 00:11:25.240 an ERC seven to one token on base. Colin Marlow, 209 00:11:25.399 --> 00:11:29.600 VP of Emerging Partnerships at AMEX Digital Labs, explained in 210 00:11:29.679 --> 00:11:33.519 an interview. Obviously it's not a real passport though, so 211 00:11:33.679 --> 00:11:37.279 don't bother showing the customers officer your app full of 212 00:11:37.360 --> 00:11:40.480 NFTs when you're jetting off to a new locale. Stamps 213 00:11:40.480 --> 00:11:43.720 are viewable within the existing amex mobile app, which is 214 00:11:43.799 --> 00:11:47.519 separate from the upcoming amex Travel app that launches or 215 00:11:47.600 --> 00:11:52.120 that's launching September eighteenth. So American expresses backdating stamps to 216 00:11:52.159 --> 00:11:55.759 get cardholders started with their collections and will add stamps 217 00:11:55.799 --> 00:11:58.919 from the countries users have visited in the past two 218 00:11:58.960 --> 00:12:02.960 years to start a crypto wallet for each AMEX mobile 219 00:12:03.039 --> 00:12:06.679 app user custodied and operated by Amex, is spun up 220 00:12:06.759 --> 00:12:10.240 on the back end. When users access the feature, stamps 221 00:12:10.320 --> 00:12:13.720 are minted as tokens behind the scenes as cardholders use 222 00:12:13.759 --> 00:12:17.559 their Amex cards at different locations around the world. Here 223 00:12:17.639 --> 00:12:20.120 is a quote. We're trying to do it in such 224 00:12:20.120 --> 00:12:24.559 a way that that's not so in someone's face, Marlow 225 00:12:24.679 --> 00:12:29.080 said of American Express's approach to blockchain integrations. So this 226 00:12:29.200 --> 00:12:32.840 is key, right. Eventually, folks don't need to know if 227 00:12:32.879 --> 00:12:35.519 blockchain is powering the app, just like they don't need 228 00:12:35.559 --> 00:12:38.919 to know about TCIP or what's running the web and 229 00:12:39.000 --> 00:12:41.679 websites and video sites. And you know, if you're listening 230 00:12:41.720 --> 00:12:44.159 to this on Spotify or Apple or watching on YouTube 231 00:12:44.679 --> 00:12:47.279 or Rumble or wherever, you don't need to know how 232 00:12:47.440 --> 00:12:50.200 the logistics and the computations and all the things that 233 00:12:50.200 --> 00:12:52.080 are running behind the scenes. You just need to know 234 00:12:52.120 --> 00:12:54.440 what works. That's where we have to head to you. 235 00:12:54.480 --> 00:12:56.759 And we're still early, but look at who's building here, 236 00:12:56.840 --> 00:12:59.519 American Express, Google, you guys have seen my interview with 237 00:12:59.639 --> 00:13:03.759 master Cards VP of Digital Assets. I mean, all the 238 00:13:04.080 --> 00:13:08.200 big companies are here, and I'm so glad I'm here early. 239 00:13:08.279 --> 00:13:12.279 I recognize disruptive technology. I'm taking my bets and it's 240 00:13:12.279 --> 00:13:15.480 paying off so far pretty well. My portfolio is in 241 00:13:15.519 --> 00:13:18.279 a good place. And of course, as we started off 242 00:13:18.320 --> 00:13:22.080 the podcast with, looking for further gains in the parabolic phase. 243 00:13:22.320 --> 00:13:25.720 But cardholders won't see the wallet that's spun up, that's 244 00:13:26.000 --> 00:13:30.320 abstracted away, won't be directly engaging with the blockchain at all, 245 00:13:30.360 --> 00:13:32.840 and won't be able to trade stamps. The stamps aren't 246 00:13:32.879 --> 00:13:36.519 introducing cardholders to crypto per se. They're supposed to be 247 00:13:36.759 --> 00:13:39.799 a way to feel just a little bit more fulfilled 248 00:13:39.840 --> 00:13:45.799 about global travel in the increasingly digital age. So amex 249 00:13:45.840 --> 00:13:49.080 chose to put the stamps on chain as NFTs because 250 00:13:49.200 --> 00:13:54.200 blockchain assets can give a greater sense of permanence. Marlow explained, 251 00:13:54.320 --> 00:13:57.960 like the ink of a physical stamp. Here's a quote. 252 00:13:58.080 --> 00:14:01.279 We really are hoping again to apture a customer at 253 00:14:01.279 --> 00:14:04.840 the end of their journey, when they're commemorating and thinking 254 00:14:04.879 --> 00:14:08.240 about where they've gone, in the hopes that they get 255 00:14:08.279 --> 00:14:11.480 inspired again and do something new with us next time. 256 00:14:11.919 --> 00:14:14.639 So you know, eventually these NFTs are going to expand, 257 00:14:15.240 --> 00:14:18.120 and you know they're going to become dynamic and there's 258 00:14:18.120 --> 00:14:20.159 going to be more creativity. But I think this is 259 00:14:20.200 --> 00:14:23.200 a great start. A lot of folks are testing and 260 00:14:23.240 --> 00:14:27.039 doing a lot of innovative things here, so these NFTs 261 00:14:27.080 --> 00:14:29.399 will be on base right, so e Theorem's layer two. 262 00:14:29.519 --> 00:14:33.480 So very bullish here for American Express, for coinbase and 263 00:14:33.559 --> 00:14:37.799 the crypto industry. Huge, huge news. Now, we got some 264 00:14:37.879 --> 00:14:40.559 big news around banks around the globe. So we've been 265 00:14:40.600 --> 00:14:44.159 seeing payment companies, credit card companies, stock exchanges, banks all 266 00:14:44.200 --> 00:14:48.679 adopting crypto. Look at this. Santander's open Bank launches crypto 267 00:14:48.759 --> 00:14:53.600 trading in Germany, Ice, Spain. The infrastructure being set up 268 00:14:53.639 --> 00:14:56.840 globally for more capital to come in, more adoption, and 269 00:14:56.919 --> 00:14:59.799 it's not just for retail, it is for institutional investors, 270 00:15:00.080 --> 00:15:04.799 the big money of course. So group O Centender's digital bank, 271 00:15:04.879 --> 00:15:07.840 open Bank is expanding in Europe with a new offering 272 00:15:07.879 --> 00:15:11.919 for German clients amid rising demand for crypto assets. The 273 00:15:11.960 --> 00:15:14.960 banks at Tuesday that customers in Germany can now buy, 274 00:15:15.120 --> 00:15:20.000 sell and hold bitcoin, ether, light, Cooin, Polygon, Cardano directly 275 00:15:20.159 --> 00:15:24.600 on its platform. According to Santander, the new service integrates 276 00:15:24.639 --> 00:15:29.519 crypto alongside open Bank's existing investment products eliminating the need 277 00:15:29.600 --> 00:15:33.519 for third party platforms and operating under the European Markets 278 00:15:33.559 --> 00:15:37.720 in Crypto Assets Regulation MICA framework. Crypto trading services are 279 00:15:37.879 --> 00:15:40.960 planned to roll out to Spain in the coming weeks, 280 00:15:41.279 --> 00:15:44.919 along with additional token offerings and features such as crypto 281 00:15:44.960 --> 00:15:51.480 tocrypto conversions. Incredible, very bullish, folks, I hope you see 282 00:15:51.519 --> 00:15:55.000 what's happening here. These folks are not doing this for fun. 283 00:15:55.559 --> 00:15:59.320 They're not playing around here. They see this as a 284 00:15:59.399 --> 00:16:02.440 legitimate acid class that is going to continue to grow, 285 00:16:02.759 --> 00:16:06.159 and they recognize blockchain is the future, folks, the next 286 00:16:06.200 --> 00:16:08.080 layer on top of the Internet, as we've been talking 287 00:16:08.080 --> 00:16:12.840 about for years. Here's another example. Swiss banks complete first 288 00:16:12.919 --> 00:16:17.360 blockchain based legally binding payment. So not only are they 289 00:16:17.480 --> 00:16:20.799 offering the assets from an investment standpoint, they're building with it, 290 00:16:20.879 --> 00:16:25.080 tokenizing and much more so. Some of Switzerland's largest banks 291 00:16:25.159 --> 00:16:28.919 completed a proof of concept that tested blockchain technology and 292 00:16:28.960 --> 00:16:33.120 smart contracts for interbank payments, making what they said was 293 00:16:33.159 --> 00:16:38.159 the first legally binding bank payment via a public blockchain, 294 00:16:38.399 --> 00:16:42.759 not private public. Years ago, they tried to bypass the 295 00:16:42.759 --> 00:16:45.440 public blockchain and create their own version. That's the wall 296 00:16:45.480 --> 00:16:48.919 garden problem, right, Why should I trust your centralized blockchain 297 00:16:49.240 --> 00:16:52.440 when you could easily pull the plug on me. We 298 00:16:52.480 --> 00:16:56.240 need a public blockchain that is decentralized and open and transparent, 299 00:16:56.519 --> 00:17:00.960 where we can all be validators and all reviewed transactions. Right, 300 00:17:01.000 --> 00:17:03.600 So that's the way to go. Under the umbrella of 301 00:17:03.639 --> 00:17:08.119 the Swiss Bankers Association UBS, post Finance and Signum Bank 302 00:17:08.519 --> 00:17:13.000 conducted a feasibility study on blockchain based deposit tookens and 303 00:17:13.119 --> 00:17:18.039 payments infrastructure, The SBA announced Tuesday. The tests initiated an 304 00:17:18.079 --> 00:17:23.119 off chain fiat money transferred triggered by payment instructions tokenized 305 00:17:23.480 --> 00:17:27.240 on the blockchain as a depositoken. The first use case 306 00:17:27.359 --> 00:17:31.359 executed a payment between bank customers of the participating banks, 307 00:17:31.599 --> 00:17:35.319 while the second tested an escroll like process that exchange 308 00:17:35.440 --> 00:17:42.920 the positokens for tokenized real world assets with automatically processed transactions. Incredible, folks, 309 00:17:43.000 --> 00:17:46.079 And we don't know which public blockchain, so we're going 310 00:17:46.160 --> 00:17:47.880 to have to wait for that information. But this is 311 00:17:47.920 --> 00:17:50.559 where as an investor, this is where you want to 312 00:17:50.559 --> 00:17:52.920 look at this news and keep following it and see 313 00:17:53.400 --> 00:17:56.599 who you know, which blockchain or blockchains are using, and 314 00:17:56.640 --> 00:17:59.119 then you want to take your bet. Obviously, now there's 315 00:17:59.160 --> 00:18:01.119 more to just taking a bed. You've got to make 316 00:18:01.160 --> 00:18:03.559 sure you're timing the market right in a sense, you 317 00:18:03.599 --> 00:18:05.400 don't want to buy and near the top you want 318 00:18:05.400 --> 00:18:08.119 to wait too. You know, the bear market cut rolls around, 319 00:18:08.200 --> 00:18:10.960 buy and load up because these banks are still going 320 00:18:10.960 --> 00:18:13.640 through the trial and error process and as they figure 321 00:18:13.720 --> 00:18:15.920 things out, then they're going to scale and go into 322 00:18:15.960 --> 00:18:19.079 full production with their products. Right, So this is where 323 00:18:19.480 --> 00:18:21.680 you got to put your thinking cap on. Understand where 324 00:18:21.680 --> 00:18:24.559 we're at in the liquidity cycle, and then when the 325 00:18:24.559 --> 00:18:27.319 bear market comes, it's a perfect time to buy. And 326 00:18:27.599 --> 00:18:29.680 that's where you're going to be a contrarian to the herd. 327 00:18:29.799 --> 00:18:33.880 Right when everyone is scared and they're scaying cryptos a scam. Again, 328 00:18:34.279 --> 00:18:36.839 that's when you want to buy. It's the same cyclical 329 00:18:36.920 --> 00:18:41.279 pattern over and over and over. So once you get that, folks, 330 00:18:41.400 --> 00:18:44.759 it's an enlightenment moment. It happened for me and I 331 00:18:44.839 --> 00:18:48.480 stopped listening to mainstream media finance news like Jim Kramer 332 00:18:48.519 --> 00:18:50.880 and all these things, right, because those guys are not 333 00:18:51.000 --> 00:18:53.720 your friends. They're setting you up to be exit liquidity 334 00:18:54.640 --> 00:18:57.240 and they are putting the narrative out there for the 335 00:18:57.279 --> 00:18:59.559 mainstream The masses. But you want to do the opposite 336 00:18:59.559 --> 00:19:03.559 of the mass, and that right, when the masses are bearish, 337 00:19:03.640 --> 00:19:05.480 that's when you want to be bullish. When the masses 338 00:19:05.519 --> 00:19:07.680 are bullish, that's when you want to be bearish. Right, 339 00:19:07.880 --> 00:19:10.279 you want to be looking to exit the market. I 340 00:19:10.279 --> 00:19:12.359 don't make the rules. This is the nature of markets. 341 00:19:12.400 --> 00:19:15.599 It happens in the stock market as well. Moving ahead, 342 00:19:15.640 --> 00:19:20.559 here's another example of a big banking financial institutions getting involved. 343 00:19:20.680 --> 00:19:26.039 Deutsche Bors subsidiary launches off exchange settlement for institutions, not 344 00:19:26.160 --> 00:19:31.640 retail institutions. So crypto Finance, a subsidiary of Deutsche Bors Group, 345 00:19:31.759 --> 00:19:35.519 launched a new off exchange settlement solution to improve capital 346 00:19:35.559 --> 00:19:40.880 efficiency and trading flexibility for institutional crypto investors. The new product, 347 00:19:41.000 --> 00:19:45.160 crypto Finance anchor Note, allows institutions to trade on different 348 00:19:45.200 --> 00:19:49.119 platforms without moving their assets out of custody. It also 349 00:19:49.200 --> 00:19:52.720 helps them to settle trades off exchange and earn yields 350 00:19:52.759 --> 00:19:57.200 within a compliant risk control setup. According to a Tuesday announcement, 351 00:19:57.519 --> 00:20:01.240 here's a quote with crypto Finance anchor Note. We are 352 00:20:01.240 --> 00:20:05.599 closing a critical gap between custody and capital efficiency, said 353 00:20:05.720 --> 00:20:09.839 Philip Dettwiller, head of Custody and Settlement at crypto Finance. 354 00:20:10.000 --> 00:20:13.000 The launch is initially focused on the Swiss market, with 355 00:20:13.119 --> 00:20:17.480 a broader European rollout expected in the near term. Guys, 356 00:20:17.599 --> 00:20:21.000 I mean, look at what is being built here. Again, 357 00:20:21.119 --> 00:20:23.640 don't get tunnel vision with the price. You got to understand. 358 00:20:23.640 --> 00:20:26.559 Price is going to follow all these things. As those 359 00:20:26.640 --> 00:20:30.559 big institutions get the products, they get the white glove service, 360 00:20:30.599 --> 00:20:33.640 they get all the data and analytics and reporting and 361 00:20:33.680 --> 00:20:36.480 all the things that exist for a trad FI set 362 00:20:36.519 --> 00:20:39.640 up for them, They're going to send billions into this market, 363 00:20:39.920 --> 00:20:43.000 and you will eventually get to trillions, right because blockchain 364 00:20:43.039 --> 00:20:45.599 rails are going to be used around the globe. And 365 00:20:45.640 --> 00:20:49.880 again we're just seeing across the globe massive adoption here. 366 00:20:49.920 --> 00:20:53.680 This is so bullish. Now moving ahead, Bitwise file US 367 00:20:53.680 --> 00:20:57.720 for stable Coin Tokenization ETF with the us SEC. We 368 00:20:57.799 --> 00:21:01.519 know Bitwise asset management. They have a lot of ETF products. 369 00:21:01.680 --> 00:21:04.759 They file for an XRP ETF and much more. And 370 00:21:05.279 --> 00:21:07.799 they're very competitive. You know, they're one of the few 371 00:21:08.039 --> 00:21:11.440 that are very transparent. They show the wallet addresses for 372 00:21:11.559 --> 00:21:13.880 their bitcoin ETF and things they have to show they 373 00:21:13.920 --> 00:21:16.519 actually have the funds, which I love and I've had 374 00:21:16.559 --> 00:21:19.119 Matt Hogan a bit wise on the pod many times, 375 00:21:19.440 --> 00:21:22.000 so let me give to details here. Bit Wise file 376 00:21:22.079 --> 00:21:25.680 with the sec to launch the stable Coin and Tokenization 377 00:21:25.839 --> 00:21:30.279 ETF and exchange Traded fund designed to track an index 378 00:21:30.519 --> 00:21:34.720 split between companies side to stable coins and tokenization. According 379 00:21:34.720 --> 00:21:37.319 to a Tuesday filing, the proposed ETF will track in 380 00:21:37.440 --> 00:21:43.240 index featuring companies from stable coin issuers, infrastructure providers, payment processors, 381 00:21:43.400 --> 00:21:47.440 exchanges and retailers to regulated crypto exchange traded products with 382 00:21:47.640 --> 00:21:50.720 exposure to bitcoin and ether. I love it. A lot 383 00:21:50.720 --> 00:21:53.480 of new financial products are being created here and this 384 00:21:53.640 --> 00:21:56.319 is really great for the market. Final news item here 385 00:21:56.599 --> 00:22:02.000 LimeWire remember LimeWire, Blastom the pass the file download platform. 386 00:22:02.079 --> 00:22:05.079 I remember using my wire back in the day downloading 387 00:22:05.160 --> 00:22:07.960 music and movies and things like that. I look, we 388 00:22:08.000 --> 00:22:10.400 all did it at one point, right, But one of 389 00:22:10.440 --> 00:22:13.319 the things that was painstaking about it is when we 390 00:22:13.319 --> 00:22:16.039 were still on dial up, it would take all night 391 00:22:16.079 --> 00:22:20.160 to download something. So you know, those were kind of 392 00:22:20.240 --> 00:22:22.400 fun days of the Internet. You know, it was Web 393 00:22:22.440 --> 00:22:25.559 one point zero and it's still clunky, but it was, 394 00:22:25.720 --> 00:22:28.559 you know, something still very raw and unique. About it, 395 00:22:28.599 --> 00:22:33.480 which I miss But you know, LimeWire has relaunched. I 396 00:22:33.519 --> 00:22:35.960 think maybe like four years ago. I remember interviewing someone 397 00:22:36.000 --> 00:22:39.079 from LimeWire and you know, they launched your own token. 398 00:22:39.119 --> 00:22:41.759 They're doing a lot of cool things for creators. Well, 399 00:22:41.799 --> 00:22:45.359 apparently they have acquired the infamous I think it's Fire 400 00:22:45.480 --> 00:22:49.759 or Fry festival brand. The reboot will integrate the LimeWire token, 401 00:22:49.960 --> 00:22:53.759