WEBVTT 1 00:00:00.080 --> 00:00:03.240 The SEC is launching a fraud unit. Are they about 2 00:00:03.240 --> 00:00:07.480 to target mean coin scams with rug polls and insider trading? 3 00:00:07.960 --> 00:00:11.439 And the ECB, the European Central Bank is looking to 4 00:00:11.560 --> 00:00:15.720 launch blockchain payments. Of course they are, and Senator Haggerdy's 5 00:00:15.759 --> 00:00:19.399 stable coin bill gets Democrats support. I'll give you the details. 6 00:00:19.600 --> 00:00:27.000 Let's get into it. Hey, everybody, welcome into the Thinking 7 00:00:27.039 --> 00:00:31.239 Crypto Podcasts. You're home for cryptocurrency news and interviews. I'm 8 00:00:31.239 --> 00:00:32.320 your host, Tony Edward. 9 00:00:32.439 --> 00:00:33.079 On your way in. 10 00:00:33.240 --> 00:00:35.679 Please sit that subscribe button as well as the thumbs 11 00:00:35.719 --> 00:00:38.200 up button and leave a common below. If you're listening 12 00:00:38.200 --> 00:00:41.479 on a podcast platform such as Spotify or Apple Police, 13 00:00:41.520 --> 00:00:43.159 leave a five star rating and review. 14 00:00:43.520 --> 00:00:43.880 Folks. 15 00:00:43.960 --> 00:00:46.840 We have more narratives coming out from the FED. So 16 00:00:46.960 --> 00:00:51.679 here they said today the possibility of slowing down quantitative tightening. 17 00:00:52.000 --> 00:00:55.039 It's not just about the debt ceiling, but also because 18 00:00:55.079 --> 00:00:58.000 the FED does not want to overshoot. So notice the 19 00:00:58.119 --> 00:01:01.799 narrative that's forming here, guys slowing down quantitative tightening, and 20 00:01:01.799 --> 00:01:04.319 then of course they're gonna stop it. Right We've been 21 00:01:04.400 --> 00:01:06.519 talking about this over the past two years, that they 22 00:01:06.560 --> 00:01:09.680 will eventually go back to full money printing, which is 23 00:01:09.760 --> 00:01:13.640 quantitative easing. And we saw the pause rates, then they 24 00:01:13.680 --> 00:01:16.959 started cutting them and now they're talking about wrapping up 25 00:01:17.040 --> 00:01:19.959 quantitative tightening. So I hope you see the transition. And 26 00:01:20.000 --> 00:01:22.519 this is of course very good for risk assets. Eventually, 27 00:01:22.560 --> 00:01:25.159 they're gonna go back to buying securities like they're done 28 00:01:25.200 --> 00:01:27.640 in the past. They're gonna print money as they raise 29 00:01:27.719 --> 00:01:30.000 the debt ceiling. They're gonna go back to the status 30 00:01:30.040 --> 00:01:33.120 quo because this is the Fiat currency system. And once 31 00:01:33.159 --> 00:01:36.319 you understand this, guys, you know how to position yourself 32 00:01:36.439 --> 00:01:38.840 in assets. Now that doesn't mean you put all your 33 00:01:38.879 --> 00:01:41.439 money in assets, but you put a good amount because 34 00:01:41.439 --> 00:01:44.760 you want to outpace the debasement and the inflation from 35 00:01:44.799 --> 00:01:45.599 all the money. 36 00:01:45.319 --> 00:01:46.319 Printing they do. Right. 37 00:01:46.560 --> 00:01:48.599 And of course, you can invest in the stock market 38 00:01:48.680 --> 00:01:51.400 in the Nasdaq SMP five hundred, you can invest in gold, 39 00:01:51.400 --> 00:01:54.840 you can invest in real estate, but nothing moves like crypto. 40 00:01:54.879 --> 00:01:58.120 It's as billionaire Paul Tudor Jones said, this is the 41 00:01:58.239 --> 00:02:01.159 fastest horse in the race. So that's why he took 42 00:02:01.159 --> 00:02:03.719 a big bet on bitcoin and crypto. That is why 43 00:02:04.159 --> 00:02:07.599 majority of my asset holdings are in crypto. And it 44 00:02:07.680 --> 00:02:11.599 has been outpacing all other acid classes. Bitcoin is the 45 00:02:11.639 --> 00:02:14.840 best performing acid over the past ten to fifteen years. Guys, 46 00:02:15.039 --> 00:02:17.560 the numbers don't lie. So I hope you see what's 47 00:02:17.599 --> 00:02:19.879 happening here, and this is going to happen globally. All 48 00:02:19.919 --> 00:02:22.159 the central banks are going to go back to money 49 00:02:22.159 --> 00:02:25.520 printing because that's the Fiat system. And we're waiting for 50 00:02:25.599 --> 00:02:29.159 Bitcoin to show more confirmation and strength and the breakout 51 00:02:29.199 --> 00:02:32.039 of this consolidation zone it's been in, right, We've been 52 00:02:32.080 --> 00:02:34.560 seeing fake outs. Both the bulls and bears have been 53 00:02:34.560 --> 00:02:36.759 getting faked out, and it's been really boring and a 54 00:02:36.800 --> 00:02:38.639 lot of people are getting discouraged. 55 00:02:38.719 --> 00:02:40.479 Right, They're in their feelings. This bullmark. 56 00:02:40.560 --> 00:02:44.319 It sucks, it's over, and that's the perfect setup for 57 00:02:44.400 --> 00:02:45.080 a reversal. 58 00:02:45.080 --> 00:02:46.719 I've seen it many times. I've been here. 59 00:02:46.759 --> 00:02:50.280 In twenty sixteen, so analysts wreck Capital shared a chart 60 00:02:50.360 --> 00:02:54.639 saying the Bitcoin post breakout retest of the monthly bullflag 61 00:02:54.879 --> 00:02:58.960 is successful. Thus far, price is performing the key technical 62 00:02:59.000 --> 00:03:02.719 steps to confirm the bullflag breakout so as to set 63 00:03:02.759 --> 00:03:07.479 itself up for trend continuation going forward. Approximately ninety six 64 00:03:08.159 --> 00:03:11.039 seven hundred dollars needs to hold, So we want to 65 00:03:11.080 --> 00:03:16.520 close above that this coming Sunday. So things are moving ahead, guys. 66 00:03:16.520 --> 00:03:19.639 And as I shared in yesterday's podcast, Bitcoin on the 67 00:03:19.639 --> 00:03:23.439 weekly chart, it's RSI is showing a breakout very soon. 68 00:03:23.840 --> 00:03:26.680 So you got the macro backdrop setting up, with the 69 00:03:26.800 --> 00:03:30.879 DXY collapsing, global liquidities on the rise, the FED talking 70 00:03:30.879 --> 00:03:34.879 about stopping quantitative tightening, and then the charts. 71 00:03:34.360 --> 00:03:35.560 Are in alignment, guys. 72 00:03:35.599 --> 00:03:38.280 And then of course the government is in alignment, being 73 00:03:38.319 --> 00:03:43.560 pro cryptos. So I'm expecting a monster rally come March 74 00:03:43.759 --> 00:03:46.879 into April. I think people are going to be surprised 75 00:03:46.879 --> 00:03:50.000 because many have already given up. They've lost hope because 76 00:03:50.039 --> 00:03:52.639 they're not looking at data. They're not looking at the facts, 77 00:03:52.639 --> 00:03:55.159 They're looking at their emotions. Oh no, the price is down. 78 00:03:55.199 --> 00:03:58.360 I'm tired, I'm bored. This thing sucks. I want to 79 00:03:58.360 --> 00:04:01.280 give up and run away. That is when the market 80 00:04:01.280 --> 00:04:03.159 flips on him. And this is why you do not 81 00:04:03.400 --> 00:04:06.360 invest with your emotions, guys. And I've often told you 82 00:04:06.400 --> 00:04:09.080 that if you are bothered by the price action, don't 83 00:04:09.120 --> 00:04:11.400 look at your portfolio. I have not looked at my 84 00:04:11.479 --> 00:04:13.759 portfolio for the past two and a half weeks, guys, 85 00:04:14.280 --> 00:04:16.720 because I know it's down it's not doing anything, So 86 00:04:16.720 --> 00:04:18.759 why am I going to torture myself looking at it 87 00:04:18.839 --> 00:04:19.319 every day? 88 00:04:19.600 --> 00:04:21.120 I don't do that. 89 00:04:21.519 --> 00:04:24.040 So I've learned my lesson over the years how to 90 00:04:24.160 --> 00:04:28.240 navigate the market and handle these moments. And guys, I 91 00:04:28.360 --> 00:04:31.360 just see the perfect set up here for another monster rally, 92 00:04:31.439 --> 00:04:34.319 So be patient. All right, we got big news coming 93 00:04:34.360 --> 00:04:37.759 from the SEC. So the SEC launches a new unit 94 00:04:37.879 --> 00:04:42.480 focus on protecting investors against fraud in crypto and AI. 95 00:04:43.040 --> 00:04:43.920 This is very good. 96 00:04:44.439 --> 00:04:47.600 The agency announced the new unit on Thursday today, of course, 97 00:04:47.680 --> 00:04:51.680 calling it the Cyber and Emerging Technologies Unit or C 98 00:04:51.800 --> 00:04:56.120 two CETU. Laura de Lard, who has been at the 99 00:04:56.160 --> 00:04:59.959 SEC for several years with various roles and enforcement, will 100 00:05:00.079 --> 00:05:02.959 lead the unit. So, guys, this is great news because 101 00:05:02.959 --> 00:05:06.399 we saw hester pers form the Crypto Task Force, which 102 00:05:06.480 --> 00:05:09.120 is working with the crypto industry and the government to 103 00:05:09.199 --> 00:05:13.160 help get clarity and not to have regulation by enforcement anymore. 104 00:05:13.199 --> 00:05:15.879 That's what Gary Ginster was doing. And notice what Gary 105 00:05:15.959 --> 00:05:18.920 Ginser was doing. He was attacking good actors while letting 106 00:05:18.920 --> 00:05:22.600 the bad projects flourish, right because his agenda was the 107 00:05:22.639 --> 00:05:25.720 slowest thing down, collapse it as much as possible, So 108 00:05:25.759 --> 00:05:28.120 that his Wall Street banking buddies can come in and 109 00:05:28.160 --> 00:05:32.040 take over. And he let FTX crash, he let Celsius crash, 110 00:05:32.079 --> 00:05:34.879 he let all these projects blockfi and so forth. They 111 00:05:34.879 --> 00:05:38.639 did no investigations, but he was busy suing coinbase, suing 112 00:05:38.720 --> 00:05:41.920 Kraken exchanges. That we're trying to work with the SEC. 113 00:05:42.399 --> 00:05:44.560 But that was once again part of the whole plan. 114 00:05:44.959 --> 00:05:47.959 But now the SEC the ship is being righted here 115 00:05:48.040 --> 00:05:51.160 with a new SEC chair on his way. Paul Atkins, 116 00:05:51.160 --> 00:05:54.480 who's pro crypto obviously has to purse crypto mom Mark 117 00:05:54.519 --> 00:05:57.040 e Waite as well, who's the acting chair right now. 118 00:05:57.079 --> 00:05:58.720 They're trying to put things in order. 119 00:05:59.040 --> 00:06:01.480 Now what we could see, guys, they may go after 120 00:06:01.600 --> 00:06:03.279 some of these meme coin scams. 121 00:06:03.600 --> 00:06:05.439 Now, not all meme coins are scams. 122 00:06:05.399 --> 00:06:07.519 So we got doge coin, Pepe and some of these 123 00:06:07.519 --> 00:06:09.319 that have been around for a long time. They have 124 00:06:09.319 --> 00:06:12.879 a developer community, they have an actual community that is 125 00:06:12.920 --> 00:06:15.759 behind the token. Merchants accept the tokens and so forth. 126 00:06:16.000 --> 00:06:19.560 But then you have pump fun where these bullshit meme 127 00:06:19.600 --> 00:06:23.319 coins get launch and they end up rugging people. And 128 00:06:23.759 --> 00:06:26.360 some of these scam artists are going to people like 129 00:06:26.439 --> 00:06:29.879 Javier Malay and some celebrities getting them to launch these things, 130 00:06:29.920 --> 00:06:33.279 tweet out about it, and then they rug the investors. 131 00:06:33.639 --> 00:06:34.519 We can't have that. 132 00:06:34.600 --> 00:06:36.800 As I've said before, that is giving a lot of 133 00:06:36.839 --> 00:06:40.199 bad press in the market. It's giving a bad impression 134 00:06:40.199 --> 00:06:41.680 to new people coming in. 135 00:06:41.959 --> 00:06:43.079 Like, WHOA, what's happening here? 136 00:06:43.199 --> 00:06:45.240 These guys are just stealing money and they're missing the 137 00:06:45.240 --> 00:06:48.160 bigger picture of what blockchain technology is being used for. 138 00:06:48.639 --> 00:06:50.399 So we got to put a stop to this. And 139 00:06:50.439 --> 00:06:53.120 as I've said before, I believe people can invest in 140 00:06:53.160 --> 00:06:55.279 meme coins if they want, but we need to put 141 00:06:55.279 --> 00:06:58.120 the guardrails in place and make sure they're educated that 142 00:06:58.199 --> 00:07:00.839 this is like gambling or playing the law, and the 143 00:07:00.879 --> 00:07:03.560 guardrails so that people are not getting rug pull and 144 00:07:03.639 --> 00:07:06.759 causing all types of problems for many different people. So 145 00:07:07.399 --> 00:07:10.240 I like this, guys. It's a healthy balance because you 146 00:07:10.319 --> 00:07:13.519 got the Crypto Task Force doing a lot of great work, 147 00:07:13.759 --> 00:07:15.560 and then you have this fraud unit that's going to 148 00:07:15.639 --> 00:07:20.720 target bad actors. Now, what's interesting. Brian Armstrong, CEO of Coinbase, 149 00:07:20.839 --> 00:07:24.199 of course, the largest exchange in the US, he tweeted 150 00:07:24.199 --> 00:07:26.319 out about meme coins yesterday. I'm not going to read 151 00:07:26.319 --> 00:07:28.800 through the whole thing, because it's very long, as you 152 00:07:28.800 --> 00:07:31.240 can see here, but I want to highlight just an 153 00:07:31.240 --> 00:07:33.839 excerpt from it. He says, some meme coins have clearly 154 00:07:33.920 --> 00:07:38.199 gone too far lately, to the extent people are insider trading. 155 00:07:38.279 --> 00:07:41.439 This is illegal and people should understand that you will go. 156 00:07:41.319 --> 00:07:42.399 To prison for this. 157 00:07:42.920 --> 00:07:46.199 In every cryptocycle, there is a get rich quick crowd 158 00:07:46.360 --> 00:07:49.399 that comes and goes and learns this lesson the hard way. 159 00:07:49.959 --> 00:07:52.680 Don't break the law and don't try to get rich quick. 160 00:07:52.720 --> 00:07:56.839 You should get rich by contributing real, lasting value to society, 161 00:07:57.160 --> 00:07:58.279 or at least be trying. 162 00:07:58.600 --> 00:07:59.680 It's not easy. 163 00:08:00.240 --> 00:08:02.319 So he's spot on here, and he says a lot more, 164 00:08:02.319 --> 00:08:04.480 of course, but I want to highlight that that this 165 00:08:04.560 --> 00:08:07.639 insider trading stuff is breaking the law, and I think 166 00:08:07.680 --> 00:08:09.199 a lot of people are going to start to feel 167 00:08:09.279 --> 00:08:13.040 the repercussions of this. And let's see the SEC decides 168 00:08:13.120 --> 00:08:16.079 to target some of these. I think they will, honestly, 169 00:08:16.199 --> 00:08:18.879 because this is getting out of hand. And you know, 170 00:08:18.959 --> 00:08:21.720 if I love crypto, I love blockchain technology. It's going 171 00:08:21.720 --> 00:08:23.920 to be the future, but I do not love what's 172 00:08:23.920 --> 00:08:28.399 happening here with this meme coin scams and rug pulls 173 00:08:28.399 --> 00:08:31.360 and much more now more news around the SEC. Eleanor 174 00:08:31.439 --> 00:08:35.240 Turriott of Fox Business highlighted the following. She says, according 175 00:08:35.279 --> 00:08:37.799 to a source that recently spoke with the SEC, the 176 00:08:37.879 --> 00:08:42.799 agency is very, very interested in staking, even asking industry 177 00:08:42.840 --> 00:08:47.320 for memo detailing the different types of staking and their benefits. 178 00:08:47.720 --> 00:08:51.360 This source expects to see some kind of agency guidance 179 00:08:51.360 --> 00:08:54.440 on staking in the near future, as it's a topic 180 00:08:54.519 --> 00:08:59.240 they're engaging enthusiastically on. Last week, staffers from the Division 181 00:08:59.279 --> 00:09:01.519 of Trading and mark It's took part in a staking 182 00:09:01.600 --> 00:09:05.440 webinar with some industry players, as reported on Friday. 183 00:09:05.879 --> 00:09:06.720 So, guys, I. 184 00:09:06.679 --> 00:09:09.559 Think we're going to see staking be brought back to 185 00:09:09.600 --> 00:09:12.080 the United States again. We know there's been a lot 186 00:09:12.080 --> 00:09:14.600 of shutdown of staking services, you know, under the against 187 00:09:14.639 --> 00:09:18.559 the regime, but I think has surpursed the Crypto Task Force. 188 00:09:18.559 --> 00:09:20.159 They're going to get this right and I. 189 00:09:20.159 --> 00:09:23.559 Expect to see staking added to the etherorem ETF And 190 00:09:23.600 --> 00:09:25.960 I think that's going to help bring more inflows into 191 00:09:26.000 --> 00:09:30.559 eth because having that yield, that reward is a strong incentive. 192 00:09:30.759 --> 00:09:33.279 So this is great news, guys, and all of you 193 00:09:33.320 --> 00:09:35.759 should be able to stake your crypto or earn your rewards, 194 00:09:36.480 --> 00:09:39.080 and obviously we need the SEC to make sure that 195 00:09:39.159 --> 00:09:42.159 the companies that are offering these things that they are 196 00:09:42.200 --> 00:09:45.600 doing it right now, we got news that more bipartisans 197 00:09:45.600 --> 00:09:49.639 support for Senator Haggarty's stable cooin bill, the Genius. 198 00:09:49.200 --> 00:09:50.399 Act is here. 199 00:09:50.879 --> 00:09:54.000 A Senator Haggerty, of course, is a Republican and he 200 00:09:54.080 --> 00:09:57.039 introduced that amazing stablecoin bill. I think it's the best 201 00:09:57.320 --> 00:10:01.679 to date. And Maryland Senator and Jela also Brooks has 202 00:10:02.240 --> 00:10:05.279 just signed on to co sponsor to bill, making her 203 00:10:05.320 --> 00:10:09.559 the first banking GOP Democrat to join, says eleanor try 204 00:10:09.639 --> 00:10:13.279 to fox business. The other Democratic co sponsor is Senator Jillibrand, 205 00:10:13.320 --> 00:10:15.679 and we know she's pro crypto. She's been working with 206 00:10:16.039 --> 00:10:19.120 Senator Lummis. So, guys, they're going to get stable coined 207 00:10:19.200 --> 00:10:22.840 legislation through. And part of the reason is this is 208 00:10:23.039 --> 00:10:27.080 about the dollar reserve currency status in addition to updating 209 00:10:27.080 --> 00:10:30.559 payments and allowing this industry to boom. But here's a 210 00:10:30.600 --> 00:10:34.960 great chart from Nick Carter. He highlights that US debt 211 00:10:35.000 --> 00:10:38.399 held by China, and China has been buying US treasuries 212 00:10:38.399 --> 00:10:41.080 for a long time. It has been on the decline. 213 00:10:41.600 --> 00:10:45.600 But what's interesting. US debt held by stable coins is 214 00:10:45.639 --> 00:10:49.720 on the rise. So I hope you see the tectonic 215 00:10:49.879 --> 00:10:51.720 shift that's happening here. 216 00:10:51.759 --> 00:10:52.080 Guys. 217 00:10:52.279 --> 00:10:55.919 We are living in an amazing time of great change 218 00:10:56.919 --> 00:11:01.000 started with the Internet in it's the fourth Industrial Revolution. 219 00:11:01.039 --> 00:11:02.840 I've been telling you guys about it. I've spoke to 220 00:11:02.919 --> 00:11:06.799 Kathy Wood and different people and interviews about this. This 221 00:11:06.879 --> 00:11:10.399 is the fourth Industrial Revolution. And it's not only blockchain 222 00:11:10.440 --> 00:11:15.200 and crypto. It's obviously AI, robotics, EV space exploration, and 223 00:11:15.279 --> 00:11:19.720 much more. Just think what the next twenty to thirty 224 00:11:19.799 --> 00:11:21.639 years is going to look like. It's going to be 225 00:11:21.720 --> 00:11:24.559 a very different world, folks. And look, some of it 226 00:11:24.600 --> 00:11:26.600 may be a bit scary, some of it a little 227 00:11:26.600 --> 00:11:28.440 bit draconian, and this is why we're going to make 228 00:11:28.480 --> 00:11:33.720 sure we keep our government accountable. But while we may 229 00:11:33.720 --> 00:11:36.559 be watching vigilantly, we want to make money off of it. 230 00:11:36.639 --> 00:11:39.000 We want to invest in these coins, in the blockchain, 231 00:11:39.000 --> 00:11:42.080 maybe some AI companies as well. Right, I hold stocks. 232 00:11:42.080 --> 00:11:45.120 I hold Tesla stock and other stocks. So you look 233 00:11:45.159 --> 00:11:47.559 to make money off of these trends, guys, and these 234 00:11:47.600 --> 00:11:49.639 things that are happening, because this is what's going to 235 00:11:49.679 --> 00:11:51.399 shape our future, whether. 236 00:11:51.159 --> 00:11:51.879 We like it or not. 237 00:11:52.080 --> 00:11:54.320 I'm not saying I love these things or I love 238 00:11:54.360 --> 00:11:56.720 everything that's happening, but hell, I'm going to make as 239 00:11:56.799 --> 00:11:59.120 much money off of it and try to improve my 240 00:11:59.200 --> 00:12:01.720 life and my family life, my daughter's life and so forth, 241 00:12:02.200 --> 00:12:05.200 and be able to navigate some of these changes that 242 00:12:05.200 --> 00:12:09.840 are coming. Because there's drastic changes coming. The disruption is 243 00:12:09.840 --> 00:12:13.480 going to be huge, unlike anything we've ever seen historically. 244 00:12:13.799 --> 00:12:16.559 You know, I've often talked about how the candle makers 245 00:12:16.600 --> 00:12:19.159 and the horse and buggy guys, you know, in the 246 00:12:19.240 --> 00:12:22.720 late eighteen hundreds of early nineteen hundreds are disrupted by electricity, 247 00:12:22.799 --> 00:12:25.519 light bulb, the automobile, and we saw where that led 248 00:12:25.600 --> 00:12:28.720 us to write airplanes, trains, all those things. 249 00:12:29.679 --> 00:12:30.879 It changed the world completely. 250 00:12:30.879 --> 00:12:33.960 Well, this this is going to take a whole other 251 00:12:34.080 --> 00:12:38.759 level because you're going to see robots doing a lot, 252 00:12:38.879 --> 00:12:41.039 and some of them will be in our homes and 253 00:12:41.200 --> 00:12:43.799 AI being a big part of the fabric of our 254 00:12:43.840 --> 00:12:48.279 society and our life, and blockchain thankfully is here to 255 00:12:48.360 --> 00:12:52.960 help maintain the sanity among all these things and control 256 00:12:53.000 --> 00:12:55.799 over some of these things because they you know, if 257 00:12:55.840 --> 00:12:59.360 you make sure the AI, the robots are power through blockchains, 258 00:12:59.360 --> 00:13:03.919 they can't bypass certain controls and setups and sofa in 259 00:13:03.919 --> 00:13:06.919 and guardrails. So anyway, let me get off my soapbox 260 00:13:06.960 --> 00:13:09.360 on that. But I hope you guys see what's happening here. 261 00:13:10.159 --> 00:13:13.559 Major technnic shift happening in the world with all these 262 00:13:13.600 --> 00:13:17.399 technologies and money changing, and I think we're at the 263 00:13:17.440 --> 00:13:21.559 moment of another Bretton Woods with stable coins, bitcoin, digital stockpile. 264 00:13:22.039 --> 00:13:24.159 I mean, just think about all the things that are 265 00:13:24.200 --> 00:13:27.559 on the table here. It's pretty incredible, guys. A quick 266 00:13:27.600 --> 00:13:30.200 word from our sponsor, and there's actually big news around 267 00:13:30.200 --> 00:13:32.120 our sponsor, and that is Bitgo, which is one of 268 00:13:32.159 --> 00:13:35.360 the top tier crypto custodians. They're working with some of 269 00:13:35.399 --> 00:13:38.440 the biggest firms in the industry, guys, twenty one Shares, 270 00:13:38.440 --> 00:13:42.320 which is an etf issuer, Pantera Capital, that's Dan Moorehead's 271 00:13:42.360 --> 00:13:46.320 Hedge one Suite, a token project, Bitstamp Exchange, and the 272 00:13:46.320 --> 00:13:48.960 big news for them is that bitco and Copper enable 273 00:13:49.039 --> 00:13:53.320 clients to trade on deribit with off exchange custody and settlement. 274 00:13:53.799 --> 00:13:57.080 So Bitco continues to expand and do great things. They're 275 00:13:57.080 --> 00:13:59.799 headed up like Mike Belshie, who's a web one point 276 00:13:59.879 --> 00:14:01.799 zero and two point zero legend. I've had them on 277 00:14:01.840 --> 00:14:05.480 the podcast many times, so you continue to see them 278 00:14:05.480 --> 00:14:08.960 innovate and build great products. And also they are now 279 00:14:09.039 --> 00:14:13.440 the first US qualified custodian to offer institutional grade Bitcoin 280 00:14:13.519 --> 00:14:14.519 staking rewards. 281 00:14:14.879 --> 00:14:16.080 This is through core Dow. 282 00:14:16.440 --> 00:14:19.519 I remember interviewing the founder A Cordaw talking about how 283 00:14:19.559 --> 00:14:21.840 they offered it, so pretty amazing stuff. 284 00:14:21.840 --> 00:14:23.320 And now bitco also has. 285 00:14:23.200 --> 00:14:26.240 A retail platform that allows you to buy, sell, trade, 286 00:14:26.279 --> 00:14:28.240 and stay crypto and of course you get top of 287 00:14:28.279 --> 00:14:32.039 the level crypto custody solutions and safety, and they have 288 00:14:32.080 --> 00:14:34.720 a self hosted wallet as well. So if you'd like 289 00:14:34.759 --> 00:14:37.279 to learn more about Bidgo, go to bidgo dot com. 290 00:14:37.360 --> 00:14:38.919 Link will be in the description. 291 00:14:39.320 --> 00:14:42.519 Now check this news out coming from the European Central Bank. 292 00:14:42.840 --> 00:14:46.840 They are exploring using digital ledgers to settle transactions in 293 00:14:47.000 --> 00:14:50.200 central bank money. So over the years we've heard about 294 00:14:50.200 --> 00:14:54.480 cbdc's central bank digital currencies and how these different central 295 00:14:54.480 --> 00:14:57.879 banks are going to use different digital currencies, and guys, 296 00:14:57.919 --> 00:15:00.960 we know they're going to put all the Fiat currencies 297 00:15:01.080 --> 00:15:03.440 in that token ized format. Everything will be running on 298 00:15:03.440 --> 00:15:05.679 the blockchain, right, I know I've said this at nauseam. 299 00:15:05.759 --> 00:15:07.360 We're headed to the token economy. 300 00:15:07.799 --> 00:15:11.600 All the securities, the commodities, the currencies, everything, real estate, 301 00:15:11.639 --> 00:15:14.799 everything on the blockchain, right, So you got to watch 302 00:15:14.840 --> 00:15:17.799 what these central banks are doing very closely because it's 303 00:15:17.840 --> 00:15:20.519 a big signal as to what is coming. So the 304 00:15:20.559 --> 00:15:23.840 two track plan includes creating a long term solution for 305 00:15:24.120 --> 00:15:28.399 using central bank money in digital leisure based transactions, which 306 00:15:28.440 --> 00:15:32.639 can involve foreign exchange settlement, along with other international financial 307 00:15:32.720 --> 00:15:36.759 use cases. The endeavor attempts to augment a European market 308 00:15:36.799 --> 00:15:38.080 for digital assets. 309 00:15:39.360 --> 00:15:39.840 Guys. 310 00:15:40.120 --> 00:15:42.879 As I just said not too long ago, a tectonic 311 00:15:43.159 --> 00:15:47.200 shift is happening, major change in the world and how 312 00:15:47.440 --> 00:15:49.480 the economy and governments are going to be run in 313 00:15:49.519 --> 00:15:52.240 the future. And obviously we see Elon here in the 314 00:15:52.320 --> 00:15:56.159 United States via douse looking to put government spending on 315 00:15:56.200 --> 00:16:00.879 the blockchain. Everything will run on blockchain. And that's what 316 00:16:01.000 --> 00:16:02.799 a lot of people are missing. They get caught up 317 00:16:02.840 --> 00:16:06.279 with headlines. This is a ponzi, this is a scam. 318 00:16:06.600 --> 00:16:10.120 Oh it doesn't look like a stock. Well what at 319 00:16:10.159 --> 00:16:13.240 one point stocks didn't exist, my friend, This is a 320 00:16:13.240 --> 00:16:14.120 paradigm shift. 321 00:16:14.200 --> 00:16:15.639 For the first time in history. 322 00:16:16.360 --> 00:16:20.200 You get to have access and hold that token on 323 00:16:20.240 --> 00:16:23.399 that respective blockchain, and the token is needed on the 324 00:16:23.440 --> 00:16:26.919 blockchain to grease the wheels to pay for the transactions 325 00:16:26.919 --> 00:16:29.519 and get things going. And you can even go build 326 00:16:29.600 --> 00:16:31.720 on that blockchain if you want, or you could simply 327 00:16:31.759 --> 00:16:34.759 hold a token or do both. Right, But this is 328 00:16:34.799 --> 00:16:38.840 the concept many don't understand because they're so programmed to 329 00:16:38.960 --> 00:16:43.440 think a certain way and not realize all of us 330 00:16:43.440 --> 00:16:48.320 here are specting the timeline of history and things will 331 00:16:48.360 --> 00:16:51.759 continue to evolve and change, and we have to make 332 00:16:51.799 --> 00:16:54.759 sure we have an open mind to understand what is changing. 333 00:16:55.000 --> 00:16:57.320 And of course, like I said earlier, take advantage of. 334 00:16:57.240 --> 00:16:58.320 It and make money. 335 00:16:58.600 --> 00:17:01.360 That's what we're here for here to play around, because 336 00:17:01.399 --> 00:17:04.759 this is an opportunity of a lifetime. So here is 337 00:17:04.799 --> 00:17:08.519 a quote. We are embracing innovation without compromising on safety 338 00:17:08.519 --> 00:17:12.240 and stabilities, said Piero Cipolone. If something that right, an 339 00:17:12.279 --> 00:17:16.279 ECB executive board member helping the endeavor in a statement, 340 00:17:16.759 --> 00:17:20.400 this is an important contribution to enhancing European financial market 341 00:17:20.440 --> 00:17:21.720 efficiency through innovation. 342 00:17:22.079 --> 00:17:25.680 Our approach will pay due attention to the Eurosystem's goal 343 00:17:25.720 --> 00:17:30.160 of achieving a more harmonized and integrated European financial system. 344 00:17:30.720 --> 00:17:32.279 So you know they're going to put the Euro on 345 00:17:32.279 --> 00:17:33.079 the blockchain. 346 00:17:33.640 --> 00:17:36.279 All the European markets are going to run and blockchain 347 00:17:36.400 --> 00:17:41.400 tokenized assets, twenty four to seven trading fractionalization. You got 348 00:17:41.440 --> 00:17:45.240 your secondary and tertiary markets that are going to open up, guys. 349 00:17:46.640 --> 00:17:47.799 I hope you see what's happening. 350 00:17:47.839 --> 00:17:51.160 So Europe's public and private sectors have long been home 351 00:17:51.519 --> 00:17:54.880 to a number of Central Bank digital currency CBDC pilots, 352 00:17:55.400 --> 00:17:59.799 especially regarding cross border transfers. In January, the ECB highlighted 353 00:17:59.799 --> 00:18:04.279 the need for digital asset payment initiatives, especially around the 354 00:18:04.400 --> 00:18:07.039 digital Euro, as a way to compete with the dollar 355 00:18:07.119 --> 00:18:11.559 back stable coins. And remember the EU pass crypto regulations 356 00:18:11.559 --> 00:18:14.119 with the MICA regulations, so they're ahead of the curve 357 00:18:14.279 --> 00:18:16.920 on the United States here. But of course, the United 358 00:18:16.960 --> 00:18:20.680 States has the world reserve currency and the largest capital markets, 359 00:18:20.720 --> 00:18:23.640 so that's what's at least helping it to state, of course, 360 00:18:23.680 --> 00:18:25.759 and obviously now we have a pro crypto government with 361 00:18:25.799 --> 00:18:29.880 the regime change, with Trump, new SEC chair, new CFDC chair, 362 00:18:30.799 --> 00:18:33.759 new Secretary of Treasury, you got a white house. Cryptos 363 00:18:33.799 --> 00:18:37.319 are so, guys, things are moving in the right direction. 364 00:18:37.759 --> 00:18:39.720 And I often say, you know, these things are not 365 00:18:39.839 --> 00:18:42.400 making the biggest headlines. You don't see it on Fox, 366 00:18:42.440 --> 00:18:45.319 you don't see it on CNBC or CNN where you 367 00:18:45.359 --> 00:18:46.359 get your news. 368 00:18:47.279 --> 00:18:48.640 And you have to do your research. 369 00:18:48.680 --> 00:18:52.319 You have to pay attention, right forget about the sensationalized headlines. 370 00:18:52.400 --> 00:18:54.240 What are these people doing? 371 00:18:54.440 --> 00:18:58.279 And all signs point to adoption of blockchain and crypto, 372 00:18:58.920 --> 00:19:02.279 And count yourself lucky that you recognize what's happening here. 373 00:19:02.920 --> 00:19:06.200 I read the comments online from different people of walks 374 00:19:06.200 --> 00:19:09.480 of different walks of life, under different videos and so forth, 375 00:19:09.519 --> 00:19:13.440 and you see some are completely ignorant and some their 376 00:19:13.519 --> 00:19:17.039 mind has already been warped by like mainstream media. You know, 377 00:19:17.119 --> 00:19:20.480 oh this yeah, this is a ponzi. Uh yeah, this 378 00:19:20.559 --> 00:19:21.240 is a scam. 379 00:19:21.319 --> 00:19:23.000 All of it is a scam. Right. 380 00:19:23.240 --> 00:19:25.480 The other day I replied to one person, I said, 381 00:19:25.559 --> 00:19:28.559 have you ever read the Bitcoin white paper? Crickets, No, 382 00:19:28.880 --> 00:19:31.799 I haven't read it, right, they haven't gone that extra 383 00:19:31.839 --> 00:19:35.720 step that you're just reading headlines, and many are going 384 00:19:35.799 --> 00:19:38.519 to miss it. But this is the nature of markets. 385 00:19:38.599 --> 00:19:41.559 Those who are curious and educate themselves and take the 386 00:19:41.680 --> 00:19:45.279 time to research are going to benefit guys. So, as 387 00:19:45.359 --> 00:19:47.880 mentioned at the beginning of the podcast, the next leg 388 00:19:47.960 --> 00:19:50.400 is coming of this bull run, and I think a 389 00:19:50.400 --> 00:19:52.319 lot of people are going to be surprised. It's going 390 00:19:52.359 --> 00:19:55.079 to be a face melter, even stronger than what we 391 00:19:55.119 --> 00:19:58.079 saw in Q four, So be prepared, my friends. 392 00:19:58.480 --> 00:20:00.000 Folks, that's the news. Let me know what you think. 393 00:20:00.359 --> 00:20:03.680 For thoughts and comments below, hit the thumbs up button. Guys. 394 00:20:03.680 --> 00:20:05.440 A great way you can support me in the podcast 395 00:20:05.480 --> 00:20:08.079 is by subscribing to my free email newsletter. It's one 396 00:20:08.160 --> 00:20:11.720 hundred percent free. It's on Substack. Check out my book, 397 00:20:11.759 --> 00:20:15.119 Rethinking Crypto. It's available in paperback and digital on Amazon. 398 00:20:15.480 --> 00:20:18.759 And also, if you want to enhance your crypto knowledge, 399 00:20:18.839 --> 00:20:22.440 check out my new course at Mycrypto course dot com. 400 00:20:22.559 --> 00:20:25.640 This is a comprehensive course that covers every aspect of 401 00:20:25.680 --> 00:20:28.519