WEBVTT

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<v Speaker 1>I've got bullish news for you.

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<v Speaker 2>Coinbass Stock is going to enter the SMP five hundred,

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<v Speaker 2>replacing Discover. This is insane. I'll give you the details.

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<v Speaker 2>And New York's Mayor Eric Adams comes out making bold

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<v Speaker 2>statements about crypto in New York City. I'll share the

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<v Speaker 2>video with you. And the SEC held their crypto roundtable

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<v Speaker 2>on tokenization today. I'll share what Paul Atkins had to

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<v Speaker 2>say the SEC chair. Let's get into it. Hey, everybody,

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<v Speaker 2>welcome into the Thinking Crypto podcast. You're home for cryptocurrency

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<v Speaker 2>news and interviews. I'm your host, Tony Edward. On your

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<v Speaker 2>way in, Please hit that subscribe button as well as

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<v Speaker 2>a thumbs up button and leave a comment below. If

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<v Speaker 2>you're listening on a podcast platform such as Spotify or Apple,

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<v Speaker 2>please leave a five star rating and review.

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<v Speaker 1>Folks.

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<v Speaker 2>Huge news coming out around Coinbase. Here's what Brian Armstrong,

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<v Speaker 2>CEO of Coinbase, tweeted out. Coinbase just became the first

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<v Speaker 2>and only crypto company to join the SMP five hundred.

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<v Speaker 2>This milestone represents what the true believers, from retail investors

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<v Speaker 2>to institutional investors, to our employees and partners knew all along.

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<v Speaker 1>Crypto is here.

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<v Speaker 2>To stay, folks, this is monumental. This is a landmark

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<v Speaker 2>moment to have a crypto exchange that is publicly traded

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<v Speaker 2>enter the SMP five hundred. You're seeing a bit of

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<v Speaker 2>the change of the guard because this happened in Web

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<v Speaker 2>two when Google and Amazon and all these companies became

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<v Speaker 2>the giants and behemoths that they are, they started entering

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<v Speaker 2>these massive indexes. So this is incredible, folks. Don't miss

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<v Speaker 2>how big this is. And it doesn't happen over a

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<v Speaker 2>Nightcoinbase has been operating since what twenty thirteen, twenty twelve,

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<v Speaker 2>twenty thirteen around that time, and it took time to

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<v Speaker 2>grow their business and eventually go public, and to grow

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<v Speaker 2>their revenue and their earnings and all these things, and

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<v Speaker 2>to enter the SMP five hundred. And guess what, They're

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<v Speaker 2>not going to be the only crypto companies to be

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<v Speaker 2>in these indexes on the stock market. You're going to

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<v Speaker 2>see the others that are going to do IPOs, like

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<v Speaker 2>Circle and many more start to enter these indexes as

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<v Speaker 2>they grow. It's incredible what's happening. So for those of

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<v Speaker 2>you who don't know what the SMP five hundred is,

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<v Speaker 2>I'll give you a definition, the Standard and Poorest five hundred,

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<v Speaker 2>or simply the SMP five hundred, is a stock market

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<v Speaker 2>index tracking the stock performance of five hundred leading companies

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<v Speaker 2>listed on stock exchanges in the United States, so essentially

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<v Speaker 2>the top five hundred companies, and then you have the

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<v Speaker 2>Nasdaq one hundred the Dow Jones. So you can go

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<v Speaker 2>research that on your own, but just make sure you

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<v Speaker 2>understand the significance of crypto entering these indexes. It's incredible, folks.

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<v Speaker 2>Brian also shared some other thoughts, saying two other thoughts. One,

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<v Speaker 2>crypto is about to be in everyone's four one K two.

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<v Speaker 2>My goal is that in five to ten years, getting

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<v Speaker 2>into coin fifty index will feel as good as this.

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<v Speaker 2>And folks, guess who they're replacing in that SMP five hundred.

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<v Speaker 2>Discover financial services, so essentially discover a credit card company, right,

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<v Speaker 2>and it's just a landmark moment, a old credit card company,

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<v Speaker 2>not the top one obviously, but still a crypto company

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<v Speaker 2>replacing it.

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<v Speaker 1>It's like this the changing of the guard.

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<v Speaker 2>As I said earlier, it's amazing to see this play out.

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<v Speaker 2>And here's what Jesse Pollock of coinbase said today. Coinbase

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<v Speaker 2>is the first on chain company to join the SMP

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<v Speaker 2>of high Rendred. Next step, bring the sm P hive

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<v Speaker 2>hundred on chain, and he spot on they're going to

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<v Speaker 2>tokenize all of these stocks and commodities and much more.

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<v Speaker 2>All these indexes will go on chain. So this is

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<v Speaker 2>the future, folks and Nature Raci, president of the ETF store,

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<v Speaker 2>shared something interesting and very funny in my opinion, he said,

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<v Speaker 2>think about how many Vanguard investors will now invest in coinbase,

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<v Speaker 2>but they still can't buy spot bitcoiner eat ETFs on

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<v Speaker 2>Vanguard's brokerage platform. Vanguard is fighting a losing battle on this.

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<v Speaker 2>In my opinion, I still think they capitulate. So remember

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<v Speaker 2>Vanguard said.

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<v Speaker 1>We're never going to offer this.

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<v Speaker 2>If we looked at it, we don't want it, and

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<v Speaker 2>then all of a sudden their CEO got fired and

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<v Speaker 2>they're really taking that stance. And I've been saying if

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<v Speaker 2>they don't capitulate, if they don't adopt this technology, they

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<v Speaker 2>will have their blockbuster mown because as the assets go

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<v Speaker 2>on chain and their competitors start offering these ETFs and

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<v Speaker 2>much more, they're going to lose out of market share

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<v Speaker 2>and revenue. I don't know who's running the company there,

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<v Speaker 2>but they better capitulate soon or their competitors on Wall

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<v Speaker 2>Street they are going to steal their lunch and they're

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<v Speaker 2>going to lose clients because people are going to see that.

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<v Speaker 2>You know, others are investing in bigcoin ETFs, that companies

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<v Speaker 2>are adding bitcoin to their balance sheets. States in the

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<v Speaker 2>United States are passing bigcoin reserve bills and much more so.

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<v Speaker 2>I think Nate is spot on here and moving ahead.

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<v Speaker 2>We got news around crypto dot Com. They have obtained

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<v Speaker 2>a restricted dealer registration in Canada. So crypto dot com

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<v Speaker 2>is another big crypto exchange, not as big as coinbase,

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<v Speaker 2>of course, but we continue to see expansion and building. Folks,

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<v Speaker 2>it's amazing to see this play out. All these companies

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<v Speaker 2>know what's coming and the future is on chain. I've

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<v Speaker 2>said it many times. The markets, the economy, the governments

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<v Speaker 2>will be running on blockchain, and look at this. New

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<v Speaker 2>York City Mayor Eric Adams says his goal is to

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<v Speaker 2>make New York City the crypto capital of the globe.

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<v Speaker 2>So he came out today in a press conference talking

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<v Speaker 2>about investments in New York City and much more. What

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<v Speaker 2>you're going to start to see is a cleanup of

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<v Speaker 2>all of these big cities that had problems coming out

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<v Speaker 2>of COVID because the money printing cycle is coming. That's

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<v Speaker 2>a whole other podcast, but I've been tweeting about it

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<v Speaker 2>and that you're seeing millionaires flocking back to big cities

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<v Speaker 2>again and they're buying up the properties that are being

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<v Speaker 2>depreciated in value.

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<v Speaker 1>So I hope you understand how that game is played.

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<v Speaker 2>And this is where you have to be careful to

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<v Speaker 2>not get caught up in political talking points.

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<v Speaker 1>But let me play the clip here for you.

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<v Speaker 3>My goal remains the same as it was on day

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<v Speaker 3>one as maya, making New York City the crypto capital

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<v Speaker 3>of the globe. And as you remember, I supported crypto

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<v Speaker 3>long before any of my mayor o peers. I was

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<v Speaker 3>the first American mayor to have my INITIALE three paychecks

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<v Speaker 3>converted into crypto, way back in twenty twenty two. Many

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<v Speaker 3>people laughed at me, and I don't have to say,

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<v Speaker 3>is who's laughing now with seeing.

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<v Speaker 2>So wow big statements And you don't have to like

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<v Speaker 2>Eric Adams. That's not the point, right. The point is

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<v Speaker 2>game theory is playing out here. We are seeing a

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<v Speaker 2>race for states and cities and much more to attract

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<v Speaker 2>crypto businesses because they're going to create jobs and bring

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<v Speaker 2>wealth and much more. The same way these cities embrace

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<v Speaker 2>Web one and Web two is the same thing playing

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<v Speaker 2>out here. So if they don't do it, they're going

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<v Speaker 2>to lose out. So that's why we're seeing these folks

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<v Speaker 2>coming out and.

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<v Speaker 1>Talking about these things.

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<v Speaker 2>I just remember some people are still out there saying

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<v Speaker 2>this is a Ponzi scam, fake magic Internet money and

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<v Speaker 2>so forth. They don't understand the nature of the blockchain,

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<v Speaker 2>but they're going to be used and they won't even

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<v Speaker 2>know about it. But we have the opportunity to participate,

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<v Speaker 2>invest and make great returns, possibly life changing money as

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<v Speaker 2>well for some of you. So this is why we're here.

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<v Speaker 2>We're doing our research, we're educating ourselves. We're paying attention

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<v Speaker 2>to the charts because we want to ride the bullmarket cycle,

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<v Speaker 2>take our profits, then come the bear market, buy back

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<v Speaker 2>in the lows when the blood is on the street,

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<v Speaker 2>rinse and repeat. So incredibly bullish stuff here now, folks.

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<v Speaker 2>Quick word from our sponsor, and that is Proppy. Propy

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<v Speaker 2>is leading the charge with putting real estate on chain.

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<v Speaker 1>Folks.

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<v Speaker 2>You can use Propy to buy a house and pay

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<v Speaker 2>with crypto, so they enable crypto transactions for real estate.

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<v Speaker 2>They're also tokenizing real estate. They're creating NFTs for properties,

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<v Speaker 2>they put deeds and titles on chain, and they're a

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<v Speaker 2>licensed Web three pioneer. They've been around since twenty seventeen.

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<v Speaker 2>They've facilitated over four billion dollars in transactions and for

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<v Speaker 2>the purchasing, the buying and selling of the properties with crypto.

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<v Speaker 2>Use coinbase for the crypto escro service. And folks, I'm

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<v Speaker 2>an investor in the pro token, which is the native

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<v Speaker 2>token on the property blockchain, and I bought the token

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<v Speaker 2>back in twenty eighteen because I saw Propy being ahead

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<v Speaker 2>of the curve in disrupting the real estate industry with

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<v Speaker 2>blockchain and crypto. So this is a great project. I'm

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<v Speaker 2>very bullish on it, and you all know all these

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<v Speaker 2>assets are going on chain, so Propy's once again leading

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<v Speaker 2>the charge here. No one else comes close. And Propy's

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<v Speaker 2>working with a lot of the real estate firms and

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<v Speaker 2>associations around the United States and even in different parts

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<v Speaker 2>of the world. So if you'd like to learn more,

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<v Speaker 2>visit the link in the description now, Folks, Today was

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<v Speaker 2>the SEC's Crypto Roundtable and the topic was tokenization, so

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<v Speaker 2>you know, we've been talking a lot about tokenization, so

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<v Speaker 2>this was a big one and SEC chair Paul Atkins

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<v Speaker 2>gave the keynote speech. Some of the major takeaways for

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<v Speaker 2>him was one to create clearer guidelines for crypto issuance

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<v Speaker 2>and explore new registration exemptions and safe harbors to provide consumers.

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<v Speaker 2>Expand ended custody options, including self custody and potential updates

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<v Speaker 2>to the qualified Custodian definition. Number three, explore integrated trading

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<v Speaker 2>platforms and modernization of ATS regulations to better accommodate crypto assets.

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<v Speaker 2>Here's a quote from what he had to say today.

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<v Speaker 2>I am in favor of allowing registrants to trade a

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<v Speaker 2>broader variety of products on their platforms and in response

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<v Speaker 2>to market demand, activities which previous commissions had prevented. For example,

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<v Speaker 2>some broker dealers seek to go to market with a

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<v Speaker 2>super app that offers trading and securities and non securities

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<v Speaker 2>and other financial services all under a single roof. Think

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<v Speaker 2>he's talking about like robinhood there. So it's amazing to

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<v Speaker 2>see how the SEC is embracing crypto, the transparency, the

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<v Speaker 2>progress being made, This is just great. And even hester

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<v Speaker 2>Pur spoke and you know, she weighed in saying tokenization

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<v Speaker 2>cannot reach its full potential without legal clarity. So of

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<v Speaker 2>course they're going to be working with Congress to get

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<v Speaker 2>this done. It's incredible, folks, very very bullish news here. Now,

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<v Speaker 2>Korage Digital, which is one of the top custodians in

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<v Speaker 2>the crypto market, they're looking to acquire USDM issuer mountain

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<v Speaker 2>protocol in stable coin expansion move. It seems like everybody

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<v Speaker 2>is looking to create a stable coin these days. It's

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<v Speaker 2>incredible what's happening crypto bank Anchorage Digital said it has

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<v Speaker 2>agreed to acquire yield bearing stablecoin issue a mountain protocol.

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<v Speaker 2>The deal aims to integrate mountains technology and team into

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<v Speaker 2>anchorages operations, pending regulatory approval. So these are healthy signs

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<v Speaker 2>of the market growing mergers acquisitions, companies looking to go public,

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<v Speaker 2>and they're not going to do this in a bear market.

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<v Speaker 2>So this is why I keep telling you guys, we're

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<v Speaker 2>in a bull market. You're seeing the signs on the charts,

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<v Speaker 2>the on chain data, the macro of a global liquidity,

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<v Speaker 2>the DXY collapsing, and the activity from companies in the

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<v Speaker 2>crypto market.

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<v Speaker 1>So big news here.

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<v Speaker 2>Look at this Trump family backed American Bitcoin to go

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<v Speaker 2>public via merger with Gryphon Digital. So many of you

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<v Speaker 2>know the Trump kids, Eric and Don Junior. You know

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<v Speaker 2>they're involved with bitcoin mining companies and other things like

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<v Speaker 2>we're liberally financial. So just as I said, companies going public,

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<v Speaker 2>no one goes public in a bear market, right because

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<v Speaker 2>no one is going to be investing. It's not easy

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<v Speaker 2>to get capital. And much more so. Gryphon's sharers soore

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<v Speaker 2>two hundred percent pre market, while HUT eight gains twelve

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<v Speaker 2>percent following the announcement of American Bitcoin's public debut via

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<v Speaker 2>merger new entity to trade as ABTC on NASDAC, with

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<v Speaker 2>HUT eight retaining majority ownership and securing long term infrastructure contracts.

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<v Speaker 2>So folks, just look at what's happening. The signals are there,

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<v Speaker 2>The signs are there that we are still in a

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<v Speaker 2>bull market. And look, I know some of you're going

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<v Speaker 2>to say, well, these things are signs also that the

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<v Speaker 2>top is not far away, right, that we're entering the

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<v Speaker 2>top zone. And I would say yes, but it doesn't

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<v Speaker 2>mean it happens in a week or a month. A

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<v Speaker 2>top zone can be three to six months. So just

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<v Speaker 2>you know, have your cash out plant. And this is

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<v Speaker 2>all great. You want this positive news. It drives more liquidity,

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<v Speaker 2>more attention, more momentum and all that. But your goal

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<v Speaker 2>here take profits off the table. No one can call

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<v Speaker 2>the exact top. So that's why you have to dollar

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<v Speaker 2>cost average out. And I will be on here telling

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<v Speaker 2>you guys when I'm taking profits. Right, I'm like, hey,

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<v Speaker 2>I just sold some and YadA YadA. Right, I'll tell

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<v Speaker 2>you guys. So this is why you got to make

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<v Speaker 2>sure you subscribe.

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<v Speaker 1>All right.

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<v Speaker 2>Moving ahead, the French company, the Blockchain Group, to raise

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<v Speaker 2>twelve point one million euros to buy more bitcoin. So

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<v Speaker 2>we're seeing the bitcoin treasury strategy for companies and corporations

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<v Speaker 2>is happening globally, folks. The biggest one outside of the

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<v Speaker 2>United States is of course Meta Planet in Japan, but

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<v Speaker 2>you're seeing companies from everywhere doing this. This is something

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<v Speaker 2>that Michael Saylor and Strategy. You know, they started it,

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<v Speaker 2>and Michael has been out educating people and advocating for it,

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<v Speaker 2>and I think folks are recognizing that this could help

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<v Speaker 2>them them and help preserve their purchasing power for the

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<v Speaker 2>cash on their balance sheet because we're all facing inflation,

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<v Speaker 2>and inflation is not gonna go away. It's it's part

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<v Speaker 2>of the debt system. Even today we got news that

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<v Speaker 2>the Republican tax bill raises the US debt limit by

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<v Speaker 2>four trillion dollars. How are they going to pay for

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<v Speaker 2>all this? Right, they're gonna have to fire up the

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<v Speaker 2>money printer. Even if you look at what Doge has done.

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<v Speaker 2>And I'm not against Doge, I actually believe in Doge

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<v Speaker 2>in the mission. I believe it's it's something we do

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<v Speaker 2>need to work on, and it's not going to happen overnight.

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<v Speaker 2>But the nature of this beast, it is a debt

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<v Speaker 2>based system. When they took it off of gold, it

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<v Speaker 2>became a debt based system and it opened up a

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<v Speaker 2>lot of opportunities. Don't get me wrong, but you know,

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<v Speaker 2>they abuse it and they has a lot of wasteful spending.

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<v Speaker 2>But the problem is the amount of spending and the

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<v Speaker 2>debt they've accrued and the debt they need to power

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<v Speaker 2>the run the government vastly outweighs what Dog has been

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<v Speaker 2>able to say, Dose just save like one hundred and

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<v Speaker 2>fifty billion, but we're talking trillions here. So again, I'm

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<v Speaker 2>not against dose. I just think in the long term

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<v Speaker 2>we're gonna have to chip away at this and figure

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<v Speaker 2>out some things, put it on the blockchain, you know,

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<v Speaker 2>as Elon had said. And you don't have to like

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<v Speaker 2>Elon or anything like that. It's just a matter of

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<v Speaker 2>getting these things done. The principle of it right that

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<v Speaker 2>we want to spend less and maintain our spending so

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<v Speaker 2>we're not in this vicious cycle of huge debt and

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<v Speaker 2>continuing of money printing and debasement of currency, folks. So

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<v Speaker 2>this is where we're at now.

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<v Speaker 1>Look at this.

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<v Speaker 2>South Korean's bet big on XRP, doge coin as easing

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<v Speaker 2>trade war fuels risk taking. Korean crypto markets are experiencing

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<v Speaker 2>a rally influenced by one billion dollars short squeeze and

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<v Speaker 2>improving geopolitical sentiment.

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<v Speaker 1>Now, obviously overall.

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<v Speaker 2>The markets everywhere are you know, doing well because we're

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<v Speaker 2>seeing some sort of path to resolution with the tariff situation,

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<v Speaker 2>the uncertainty being removed, and cryptos.

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<v Speaker 1>Popular in South Korea.

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<v Speaker 2>And it's interesting because we're seeing a lot of volume

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<v Speaker 2>there around XRP and dosh coin, it even surpassing bitcoin

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<v Speaker 2>and ether. So I often like to remind people crypto

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<v Speaker 2>is a global asset class and because many of these

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<v Speaker 2>coins are hardcap and you have liquidity coming in from

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<v Speaker 2>every part of the world right unlike the stock market,

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<v Speaker 2>which only certain people can access. That that's why they

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<v Speaker 2>want to tokenize it now because it will open it up.

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<v Speaker 2>Even gold is not accessible to everybody, you know, in

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<v Speaker 2>every market, but crypto is because it grew outside of

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<v Speaker 2>the legacy trad file system with crypto exchanges, and that's

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<v Speaker 2>why we had all the fight against crypto, because crypto's

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<v Speaker 2>disrupting the status quo. So it's really great to see

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<v Speaker 2>the bull market coming alive globally and liquidity coming in.

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<v Speaker 2>And I'll remind you once again, folks, for the million time,

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<v Speaker 2>have that cash op plan. Know I'm saying this because

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<v Speaker 2>I know people are going to get caught up in

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<v Speaker 2>the emotion. It is going to feel a euphoric. It's

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<v Speaker 2>just is going up. Look at the volume, look at

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<v Speaker 2>the price surge. It doesn't last forever, So know what

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<v Speaker 2>you're doing. Walk away from the bullmarket with some money

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<v Speaker 2>in your pocket. Folks, that's the news. Let me know

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<v Speaker 2>what you think. Leave your thoughts and comments below. A

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<v Speaker 2>great way You can support me in the podcast, folks,

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<v Speaker 2>is by subscribing to my free email newsletter. It's one

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<v Speaker 2>hundred percent free. Link will being a description. Also check

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<v Speaker 2>out my book on Amazon is available in paperback in digital,

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<v Speaker 2>and my new course at Mycrypto course dot com. This

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<v Speaker 2>is a comprehensive course that teaches you every aspect of crypto,

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<v Speaker 2>what makes it unique and special and different from any

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<v Speaker 2>other course out there. It features expert commentary. You will

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<v Speaker 2>hear from founders, CEOs and institutional investors. They will be

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<v Speaker 2>breaking down the different aspects of crypto for you. This

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<v Speaker 2>thing is packed with a lot of value videos, text writers,

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<v Speaker 2>downloadable materials and much more. Pay a one time fee

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<v Speaker 2>get lifetime access. Go at your own pace and you

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00:16:55.000 --> 00:16:56.879
<v Speaker 2>can share to log in with your friends and family

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00:16:56.879 --> 00:16:59.360
<v Speaker 2>if you want to help them to learn about it

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<v Speaker 2>as well. And there's a lot of resources in here.

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<v Speaker 2>I have my crypto cash out template that's in there

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<v Speaker 2>as well. There's tons of stuff, so check it out.

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<v Speaker 2>Go to Mycrypto Course dot com. Folks, thank you for

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<v Speaker 2>watching and listening. I appreciate you all and I'll talk

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<v Speaker 2>to you all later.