Latest / The Paul Barron Crypto Show / Tik Tok Ban Countdown!🚨Why You Need Polkadot Exposure NOW!!🚀

Transcript

Tik Tok Ban Countdown!🚨Why You Need Polkadot Exposure NOW!!🚀 · The Paul Barron Crypto Show

• 0:05
  Speaker 1: Some of the news this week is going to be
• 0:07
  Speaker 1: talking about social media platforms and TikTok is at front
• 0:10
  Speaker 1: and center. How does crypto play into this. We'll reveal
• 0:13
  Speaker 1: all of that for you guys today. My name is
• 0:14
  Speaker 1: Paul Barrel. Welcome back into tech Path. I want to
• 0:16
  Speaker 1: get into it today because the key here is going
• 0:19
  Speaker 1: to be centered around how Polka Dot could be a
• 0:22
  Speaker 1: big contributor to the future of TikTok and I'll explain
• 0:25
  Speaker 1: all that, make sure and we'll break it all down
• 0:28
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• 0:29
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• 0:31
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• 0:33
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• 0:37
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• 0:49
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• 0:52
  Speaker 1: do it now because I know the sale is about
• 0:54
  Speaker 1: ready to go off, so check it and be able
• 0:56
  Speaker 1: to kind of ramp up on it. Very easy, as
• 0:58
  Speaker 1: I said, to get started on it all right, Let's
• 1:00
  Speaker 1: go over to a couple of points I want to
• 1:02
  Speaker 1: get at, and one of course is a real live
• 1:06
  Speaker 1: TikTok ban counter, and that is forty days away. Yes,
• 1:09
  Speaker 1: that is right, forty days away. That is the date
• 1:12
  Speaker 1: in which either the app will be removed from the
• 1:15
  Speaker 1: store or some sort of action from the US government.
• 1:19
  Speaker 1: This is going to be interesting to see how they
• 1:21
  Speaker 1: play it, because remember by Dance is now going to
• 1:24
  Speaker 1: be forced to sell. And I want to go to
• 1:26
  Speaker 1: this first clip because this is going to be what
• 1:28
  Speaker 1: will happen on the nineteenth of January, which is the
• 1:31
  Speaker 1: day before Trump takes office.
• 1:33
  Speaker 2: Take a look, so calm January. TikTok will not disappear
• 1:37
  Speaker 2: off your phone if you have it already is enforced
• 1:39
  Speaker 2: against the App store, so companies like Google and Apple
• 1:43
  Speaker 2: will face potentially billion dollar fine if they don't take
• 1:46
  Speaker 2: TikTok off its platform. New users won't be able to
• 1:50
  Speaker 2: download the app, and eventually it won't be able to update,
• 1:53
  Speaker 2: which we'll kind of doom the app to a slow
• 1:56
  Speaker 2: dev Today we caught up with billionaire Frank McCourt. He
• 1:59
  Speaker 2: confirms he's been assembling and now he has assembled a
• 2:02
  Speaker 2: group that wants to move forward with people's bid to
• 2:04
  Speaker 2: buy TikTok.
• 2:05
  Speaker 1: Now, Frank mccurt, we've shown this before. These are the
• 2:09
  Speaker 1: potential bidders for the for TikTok and this is coming
• 2:13
  Speaker 1: from Byedance. So right now you have Frank McCourt and
• 2:16
  Speaker 1: potentially Kevin O'Leary and even Steve Minuchin who has an
• 2:19
  Speaker 1: investment firm. But most likely this is going to fall
• 2:22
  Speaker 1: into maybe just a handful of winners. The one to
• 2:25
  Speaker 1: keep an eye on is Frank mccurt, but also Kevin
• 2:28
  Speaker 1: O'Leary because he has such a relationship to e commerce
• 2:32
  Speaker 1: and that is really what this is all about. I
• 2:34
  Speaker 1: also want to go to another clip here, and this
• 2:36
  Speaker 1: clip is going to get into exactly what is happening
• 2:39
  Speaker 1: and why Frank mccurt is involved. Take a look.
• 2:42
  Speaker 3: If it sold, it will be sold without an algorithm,
• 2:45
  Speaker 3: so the value will be far, far less than two
• 2:48
  Speaker 3: hundred million dollars. We have circled over twenty billion dollars
• 2:51
  Speaker 3: to be in a position and we're very serious about
• 2:54
  Speaker 3: raising whatever capital is required to buy the platform. We're
• 2:58
  Speaker 3: looking to move the one hundred and seventy users over
• 3:01
  Speaker 3: to a new protocol where the individuals will own and
• 3:04
  Speaker 3: control their identity and their data.
• 3:06
  Speaker 4: Do you have an indication from President elect Trump that
• 3:09
  Speaker 4: he wants to see an American entity by this?
• 3:15
  Speaker 3: He has said he doesn't want it banned, which means
• 3:18
  Speaker 3: a sale. We have built a clean, bottom up American stack.
• 3:23
  Speaker 4: You're indicating you've built out some technology you think that
• 3:26
  Speaker 4: will not allow for government surveillance. Correct, but can you
• 3:30
  Speaker 4: If you are whoever owns this.
• 3:32
  Speaker 5: Is going to be powerful.
• 3:33
  Speaker 4: So what guarantees do you make.
• 3:35
  Speaker 3: I'm not looking to be the CEO of TikTok. We
• 3:38
  Speaker 3: call it the People's bid because we want this to
• 3:41
  Speaker 3: empower people. Let us each decide what moderation we're comfortable with,
• 3:46
  Speaker 3: what censorship, we're comfortable with what privacy are Okay, So
• 3:49
  Speaker 3: I'm a builder. My family's been building for five generations.
• 3:52
  Speaker 3: This is an engineering problem that can be fixed. Let's
• 3:56
  Speaker 3: make it a win, a win win, all right.
• 3:58
  Speaker 1: So just to be clear, what is the talking about
• 4:00
  Speaker 1: the American stack. He's actually talking about Polka dot. Polka
• 4:03
  Speaker 1: dot is the migration path for being able to run
• 4:07
  Speaker 1: the transactions on an open network with digital ID connectivity.
• 4:12
  Speaker 1: All that is really playing into the idea around personalization
• 4:17
  Speaker 1: of your data, and the one thing that everybody is
• 4:18
  Speaker 1: concerned about is data. In fact, Vivic Ramaswami, he was
• 4:22
  Speaker 1: the one that was most concerned about the Chinese having
• 4:26
  Speaker 1: access to data. It's in fact why the court case
• 4:29
  Speaker 1: came to reality. And of course the ban now is
• 4:32
  Speaker 1: now in motion. And that is that the American data,
• 4:36
  Speaker 1: yours mind, isn't falling into hands outside of the United
• 4:39
  Speaker 1: States that are bad actors. Now I'm not saying that
• 4:41
  Speaker 1: is the case, but the point is is that this
• 4:42
  Speaker 1: will this will definitely move in the right direction. There's
• 4:45
  Speaker 1: another clip I want to get to, which is what
• 4:48
  Speaker 1: Trump can legally do when he takes office on the twentieth,
• 4:51
  Speaker 1: because if he said he's not interested in banning it,
• 4:54
  Speaker 1: how would that be done.
• 4:55
  Speaker 5: Take a look in terms.
• 4:57
  Speaker 6: Of President elect Trump, this is really interesting. So first
• 4:59
  Speaker 6: of all, just in general, well, he has ninety days
• 5:01
  Speaker 6: to essentially allow an extension on that divestiture. We also, though,
• 5:05
  Speaker 6: could see because the President elect did stay in the
• 5:07
  Speaker 6: last days of his campaign, he will save TikTok that
• 5:10
  Speaker 6: he just kind of makes this go away altogether.
• 5:12
  Speaker 1: In some ways. One of the ways that this could
• 5:14
  Speaker 1: work with President Trump is to kind of get this
• 5:17
  Speaker 1: out of the media is to get it into a sale.
• 5:21
  Speaker 1: And if he does this through an executive order, that
• 5:24
  Speaker 1: most likely would still be a scenario where he saved TikTok,
• 5:27
  Speaker 1: so that I think is still going to be in
• 5:29
  Speaker 1: a line with what his message has been now. Kevin
• 5:31
  Speaker 1: O'Leary also is looking at this as well. Here's a
• 5:35
  Speaker 1: clip from him talking about byteedance and whether or not
• 5:38
  Speaker 1: they can do it.
• 5:38
  Speaker 5: Take a look.
• 5:39
  Speaker 7: I think I have a sixty percent chance, I really do.
• 5:43
  Speaker 7: I think I can pull this off. Sixty percent probability
• 5:46
  Speaker 7: more than fifty to fifty. This is attempt number four.
• 5:49
  Speaker 7: And remember the regulator will never let Google buy it,
• 5:52
  Speaker 7: never let Meta by it. And I don't think Microsoft
• 5:55
  Speaker 7: wants to buy it because they've already been warned off
• 5:57
  Speaker 7: by the Chinese government.
• 5:59
  Speaker 5: Should you Chu also say that he's all going to
• 6:01
  Speaker 5: go down without.
• 6:01
  Speaker 7: A fight, That's great, Who cares. I don't think it's
• 6:04
  Speaker 7: his decision whatsoever.
• 6:06
  Speaker 8: It doesn't matter.
• 6:08
  Speaker 7: If we don't get a buy on this deal, their
• 6:10
  Speaker 7: equity in that deal is going to zero. It doesn't matter.
• 6:13
  Speaker 7: What the current management says, doesn't matter. It's what the
• 6:17
  Speaker 7: White House wants to do. And I don't think the
• 6:19
  Speaker 7: American public trusts the platform at all. Do you think
• 6:23
  Speaker 7: the Chinese government would ever allow an American app like
• 6:26
  Speaker 7: TikTok in China.
• 6:28
  Speaker 9: Never.
• 6:29
  Speaker 7: The Chinese government respects the stick. They want the stick.
• 6:33
  Speaker 7: They're going to get the stick, all right.
• 6:35
  Speaker 1: I want to go to another clip, and this will
• 6:37
  Speaker 1: go into McCourt talking about why the other bidders may
• 6:40
  Speaker 1: not have a chance at this.
• 6:42
  Speaker 10: Take a look President Alec Trump gets inaugurate the twentieth.
• 6:46
  Speaker 10: Have you talked to anyone in his sphere of influence
• 6:48
  Speaker 10: about how he might leave?
• 6:50
  Speaker 3: We're beginning those conversations. We're reaching out now where we're
• 6:54
  Speaker 3: rapidly facing a deadline. There's a deal to be made
• 6:58
  Speaker 3: here and President Trump is that ultimately.
• 7:00
  Speaker 10: I mean, there's been rumors there's there's big names here
• 7:03
  Speaker 10: also competing against one Activision Blizzard form of CEO Robbi Kotick,
• 7:07
  Speaker 10: form A Treasury Secretary Steve Manushan. Are those folks still
• 7:10
  Speaker 10: in the bit in the process? Are they involved? Like
• 7:13
  Speaker 10: what does that landscape of bids look like?
• 7:15
  Speaker 3: I Mean, the word we're getting is that they've backed
• 7:17
  Speaker 3: off a bit on this, and I think the reason.
• 7:19
  Speaker 5: Is you do seem the most aggressive. Yeah, and I
• 7:22
  Speaker 5: think the.
• 7:23
  Speaker 3: Reason why Brian is number one, can't be a candidate
• 7:26
  Speaker 3: for anti trust action. Number two, you need to pass
• 7:28
  Speaker 3: a scifious vetting. We pass ascivious acifious vetting. Next, you
• 7:33
  Speaker 3: have to have technology that will function without the algorithm.
• 7:35
  Speaker 3: And lastly, you need a clean stack.
• 7:39
  Speaker 5: Well, you mentioned American made, what what does that look like.
• 7:43
  Speaker 3: It will surveil people, it will scrape their data, and
• 7:45
  Speaker 3: it will apply algorithms top down. That's not what we're doing.
• 7:49
  Speaker 3: And by the way, I think anyone that does that
• 7:52
  Speaker 3: will run the risk of China having a backdoor into
• 7:54
  Speaker 3: their app. So you may not even solve the problem
• 7:58
  Speaker 3: of China still having access to American's data. The last
• 8:02
  Speaker 3: point I would make, there's lots of lawsuits for good reason.
• 8:05
  Speaker 5: There's more coming for good reason.
• 8:08
  Speaker 3: Anybody that buys TikTok is taking on that litigation, that
• 8:13
  Speaker 3: exposure of one hundred and seventy million user base. I
• 8:16
  Speaker 3: wanted to know what they would think of our bid.
• 8:20
  Speaker 3: They create some content, it goes viral. They create another
• 8:23
  Speaker 3: piece of content, Nobody watches it and they don't know why.
• 8:26
  Speaker 3: Because it's a black box. It's called shadow banning. That's
• 8:29
  Speaker 3: frustrating to them. The second thing is they have no
• 8:33
  Speaker 3: direct relationship with their community. They don't know who their
• 8:37
  Speaker 3: community is, so they can't interface with it. Intention advertising,
• 8:41
  Speaker 3: where you are a real person indicating your interest in something,
• 8:45
  Speaker 3: is far far more valuable to companies and advertisers than
• 8:49
  Speaker 3: just flooding a zone and hoping to capture somebody's interest
• 8:52
  Speaker 3: in slippers.
• 8:53
  Speaker 5: We get paid for our data. I'd like to get
• 8:55
  Speaker 5: paid for my data. Yeah, me too.
• 8:57
  Speaker 1: What has been very successful within the TikTok ecosystem is
• 9:01
  Speaker 1: live shopping. That's why it's so valuable. To his point
• 9:04
  Speaker 1: that he's getting to is that there's so many hoops
• 9:07
  Speaker 1: that you have to jump through. It's quite possibly the
• 9:10
  Speaker 1: only potential bid out there that could go in the
• 9:12
  Speaker 1: direction of a win. And I think the big one
• 9:15
  Speaker 1: is going to be the technology tool, which again goes
• 9:17
  Speaker 1: back to Polka Dot Pokadot still being the potential here.
• 9:20
  Speaker 1: If you look at Project Liberty Summit, and if you
• 9:23
  Speaker 1: scan down to the just to the speakers, I mean,
• 9:25
  Speaker 1: you've got klobashar on there, You've got gosh Mark Schuman
• 9:30
  Speaker 1: from Mozilla, the CFTC guys in there. I mean, it's
• 9:34
  Speaker 1: a fairly significant group of people that are aligned with
• 9:38
  Speaker 1: what McCord is talking about, which is kind of just
• 9:40
  Speaker 1: this new evolution of data privacy and ownership of your
• 9:44
  Speaker 1: social stack, which is one of the things that blockchain
• 9:47
  Speaker 1: is going to enable everybody to do. So I want
• 9:50
  Speaker 1: to take you into another route here, and this is
• 9:52
  Speaker 1: Project Liberty and a Frequency, which is a Polka dot chain.
• 9:56
  Speaker 1: And if you look at we are a which is
• 9:57
  Speaker 1: one of their apps, this will get into a little
• 9:59
  Speaker 1: bit more detail of what it does.
• 10:01
  Speaker 8: Take a look we are eight.
• 10:03
  Speaker 11: The People's platform. We Are eight now offers three primary feeds,
• 10:12
  Speaker 11: all in the one place. The eighth stage your go
• 10:15
  Speaker 11: to spot for daily entertainment, the following feed a space
• 10:19
  Speaker 11: for updates from your friends and those you follow, and flows.
• 10:23
  Speaker 12: Join us on the People's Internet and log in with
• 10:25
  Speaker 12: Liberty use their universal handle to rouse content. Now let's
• 10:30
  Speaker 12: use our universal handle in another app. Using log in
• 10:34
  Speaker 12: with Liberty, your consonant friends will follow you on any
• 10:37
  Speaker 12: platform using Frequency with a username that cannot be copied
• 10:41
  Speaker 12: or repurposed. The People's Internet is here.
• 10:44
  Speaker 1: This is Frequency being able to migrate to a blockchain
• 10:49
  Speaker 1: or a federated media, so to speak. And this appears
• 10:52
  Speaker 1: to be the path to migrating this into something like
• 10:57
  Speaker 1: TikTok and TikTok of course being one of the biggest
• 10:59
  Speaker 1: ones out there. And the reason is this, there's going
• 11:02
  Speaker 1: to be a ton of money that could funnel in
• 11:05
  Speaker 1: to not only handle rewards, but also to pay creators.
• 11:09
  Speaker 13: Take a look, and the same for all the publishers.
• 11:12
  Speaker 13: We've got over one hundred publishers on board who have
• 11:15
  Speaker 13: partnered with us, and people can use their subscriptions from
• 11:19
  Speaker 13: their eight wallet to pay for their subscriptions. So it's
• 11:23
  Speaker 13: all about pumping money back to people and publishers. These
• 11:28
  Speaker 13: are the companies that are paying Meta two hundred billion
• 11:32
  Speaker 13: dollars a year. Now we need to wake them up
• 11:36
  Speaker 13: so that they shift that money back into the hands
• 11:39
  Speaker 13: of the people.
• 11:40
  Speaker 1: All right, So, if publishers are involved in this and
• 11:43
  Speaker 1: they do get into a position where they start funding
• 11:47
  Speaker 1: not only their own content, but also content of others
• 11:51
  Speaker 1: being able to access their audience, especially if we go
• 11:53
  Speaker 1: into a blockchain based audience, then it's going to start
• 11:56
  Speaker 1: generating a large amount of transactions. Transactions being every post,
• 12:00
  Speaker 1: every interaction, every like, all those kind of things will
• 12:03
  Speaker 1: be living on Polka Dot. If you just take a
• 12:05
  Speaker 1: look at the number of transactions right now on frequency,
• 12:08
  Speaker 1: which is the blockchain, I'm going to put it right
• 12:10
  Speaker 1: there at the third one. That's that kind of that
• 12:12
  Speaker 1: bigger orange section. The point is is that these have
• 12:16
  Speaker 1: been climbing and climbing. This is going to absolutely explode
• 12:21
  Speaker 1: and flatten the number of tranch actions from everybody else.
• 12:23
  Speaker 1: If this is migrated over to TikTok, I want to
• 12:26
  Speaker 1: go to another clip here. This will get into the
• 12:29
  Speaker 1: rewards timeline and how this might work for brands to
• 12:33
  Speaker 1: pay users.
• 12:34
  Speaker 14: Take a look, but that's not all of it.
• 12:38
  Speaker 9: On every purchase, you will be able to get up
• 12:41
  Speaker 9: to twenty percent cash back in Dot funded by the
• 12:45
  Speaker 9: brands you shop at this app. We're looking at launching
• 12:48
  Speaker 9: this app in Q three this year.
• 12:50
  Speaker 15: And we might have been a little bit optimistic on
• 12:54
  Speaker 15: the release timeline coming soon. If you want to actually
• 12:56
  Speaker 15: talk to me, I'll tell you the timeline I have
• 12:59
  Speaker 15: in my head. I don't want to say it because
• 13:00
  Speaker 15: then I'll just get DMed if we missed that deadline again.
• 13:04
  Speaker 1: All right, so you think about that, the amount of
• 13:05
  Speaker 1: rewards coming back to users, users being able to migrate
• 13:09
  Speaker 1: into a variety of scenarios that protect their data, give
• 13:13
  Speaker 1: them a new platform to go forward, and especially when
• 13:16
  Speaker 1: you look at live shopping, I still think that, you know,
• 13:19
  Speaker 1: brands like Amazon are going to really have to run
• 13:21
  Speaker 1: fast to be able to keep up with what's going
• 13:23
  Speaker 1: to migrate into a new e commerce system out there.
• 13:26
  Speaker 1: I want to go further into this because this is
• 13:28
  Speaker 1: where it gets interesting, because you still have point of
• 13:30
  Speaker 1: sale that's when you go to a physical outlet, and
• 13:34
  Speaker 1: you also have the potential for gift cards that could
• 13:36
  Speaker 1: play into this as well. Take a look.
• 13:38
  Speaker 14: Everybody's a way off gift cards, right, like the physical
• 13:40
  Speaker 14: gift cards that digital gift cards be it from like Amazon,
• 13:43
  Speaker 14: Starbucks and so forth. Quite eye opening if you just
• 13:46
  Speaker 14: realize the size of it and the growth rates over
• 13:49
  Speaker 14: the last whatever ten years.
• 13:51
  Speaker 4: Right.
• 13:52
  Speaker 16: It's at of trillion dollars this year, right, and we're
• 13:54
  Speaker 16: going to get to about two and a half trillion
• 13:55
  Speaker 16: in the next five or six years. Globally. We have
• 13:58
  Speaker 16: a couple thousand brand partner in the US that we
• 14:01
  Speaker 16: work directly with. We're tied in directly into their point
• 14:03
  Speaker 16: of sales systems where we can issue cards on demand
• 14:06
  Speaker 16: to any retailer.
• 14:07
  Speaker 1: More of a unique commerce stack, so to speak. Think
• 14:10
  Speaker 1: about it from this stance, You've got social your digital marketing,
• 14:14
  Speaker 1: then you have gift cards and potential in store activities.
• 14:18
  Speaker 1: Then you have one more component and that is something
• 14:21
  Speaker 1: called Polka dot pay. Take a look.
• 14:23
  Speaker 15: So poke it dot pay is not the Pokot app.
• 14:25
  Speaker 15: Poke it up pay allows you to pay with crypto
• 14:28
  Speaker 15: with no KYC. You know of a one million stars
• 14:32
  Speaker 15: in the US, and poke it dot pay is going
• 14:34
  Speaker 15: to come to Novallet as well in hopefully Keyfa twenty
• 14:37
  Speaker 15: twenty four. It should be a few weeks after the
• 14:40
  Speaker 15: Pokot app whenever. That is our timeline is based on
• 14:43
  Speaker 15: the perkot app being released.
• 14:46
  Speaker 1: All right, so I can think of a lot of
• 14:47
  Speaker 1: places this is really going to start to disrupt. You're
• 14:50
  Speaker 1: going to see disruption in the e commerce side from
• 14:54
  Speaker 1: a digital marketing standpoint. You're going to see disruption in
• 14:57
  Speaker 1: the retailing side from what these rewards are going to
• 14:59
  Speaker 1: do in terms of the impact on consumer. You're going
• 15:01
  Speaker 1: to see disruption on the commerce side, which is where
• 15:05
  Speaker 1: you see things like Visa, MasterCard and American Express, et
• 15:08
  Speaker 1: cetera being used out there. In the retail front. If
• 15:10
  Speaker 1: all of these things are migrating into a stack that's
• 15:13
  Speaker 1: coming into the user and benefiting them every time they
• 15:16
  Speaker 1: make a purchase, this really changes things quickly. So if
• 15:20
  Speaker 1: you take a look at where polka dot sets today
• 15:22
  Speaker 1: over on the market cap side of things, they're setting
• 15:26
  Speaker 1: right at around fourteen billion. Right you add this, mcord
• 15:29
  Speaker 1: is talking about twenty billion to purchase Instagram or excuse me,
• 15:34
  Speaker 1: purchase TikTok from a byedance. If twenty billion, and remember
• 15:38
  Speaker 1: that Elon Musk was able to get X for forty
• 15:40
  Speaker 1: billion global, I would say that the value of TikTok
• 15:43
  Speaker 1: might be even better. So it'll be interesting to see
• 15:45
  Speaker 1: if it's where around twenty if it's greater than that.
• 15:47
  Speaker 1: But the point is this could really add to the
• 15:49
  Speaker 1: base value of where Polka Dot could be. Just look
• 15:52
  Speaker 1: at the potential tokens that this could jump, some of
• 15:56
  Speaker 1: which will be I think very easily jumped, and that
• 15:59
  Speaker 1: is going to be chainling time coin Shiba will get there.
• 16:02
  Speaker 8: The key is is could it.
• 16:03
  Speaker 1: Start to run and challenge Cardono as a potential top ten.
• 16:08
  Speaker 1: So the other thing that plays into this is where
• 16:12
  Speaker 1: Telegram will be interoperable with poke dot as well. So
• 16:14
  Speaker 1: here's ton of integrating with Axelar and kind of see
• 16:17
  Speaker 1: right here Cosmos, IBC, VIRTUALLYVM, Polka Dot ecosystems, and others
• 16:22
  Speaker 1: coming in including Salona, Stellars Suite, etc. So all of
• 16:26
  Speaker 1: this let me kind of zoom up on that so
• 16:27
  Speaker 1: you guys can to see what I'm talking about there.
• 16:29
  Speaker 1: But all of this is really kind of positioning Polka
• 16:32
  Speaker 1: Dot as the lead of potentially the first true blockchain
• 16:36
  Speaker 1: social media platform. Now where all this goes to is
• 16:39
  Speaker 1: potentially other social media platforms out there starting to compete.
• 16:42
  Speaker 1: One of them is going to be me. We let
• 16:44
  Speaker 1: me go to that clip.
• 16:44
  Speaker 8: Take a look. We're part of something called Project Liberty.
• 16:48
  Speaker 8: Steve Wozniak is an advisor why I'll lanche. So what
• 16:53
  Speaker 8: we did was we took a look at I would
• 16:56
  Speaker 8: say fifteen different of the top chains that existed. I
• 17:00
  Speaker 8: don't care if it was Arbitrum, Base Near Technology, Solana, etc.
• 17:05
  Speaker 8: So we had to have something fast and cost effective,
• 17:08
  Speaker 8: and their solution just really takes care of it. Once
• 17:12
  Speaker 8: we have our l one in place and we have
• 17:14
  Speaker 8: our tokenomics in place, hopefully in the next six months
• 17:18
  Speaker 8: that's the plan. Although I know we can turn an
• 17:20
  Speaker 8: l one up in two seconds. Then the plan is
• 17:23
  Speaker 8: to go out with a full push marketing effort.
• 17:26
  Speaker 1: Remember that me we was on frequency with the pok
• 17:29
  Speaker 1: dot chain and the flipover to Avalanche. I think the
• 17:32
  Speaker 1: key here is you're going to have two chains really
• 17:34
  Speaker 1: competing for this next evolution of social media platforms. I
• 17:37
  Speaker 1: think it's going to be dot in avax, So just
• 17:40
  Speaker 1: keep that in mind. All right, So there's going to
• 17:42
  Speaker 1: be some losers, and you have to kind of consider who.
• 17:45
  Speaker 5: They would be.
• 17:45
  Speaker 1: It's going to affect a lot of different industries and
• 17:48
  Speaker 1: a lot of different plays. And it's not because of
• 17:50
  Speaker 1: TikTok being a social media platforms. It's because of TikTok
• 17:54
  Speaker 1: being a Chinese company. Take a look at this clip.
• 17:57
  Speaker 17: This does in fact get banned and they don't take
• 18:00
  Speaker 17: the money, There's going to be some form of retaliation.
• 18:02
  Speaker 17: The two obvious targets are Tesla and Apple. So China
• 18:05
  Speaker 17: is the master at red tape can work. They did
• 18:08
  Speaker 17: this to Tesla, they can impact the shipping the trucking
• 18:12
  Speaker 17: companies that would take the Tesla's to port to be
• 18:15
  Speaker 17: exported to Europe. They could do something like that with Apple.
• 18:18
  Speaker 17: So and the last piece that they could do is
• 18:20
  Speaker 17: they could have a big influence in terms of how
• 18:22
  Speaker 17: Chinese people think about Apple products or Tesla products. Unfortunately,
• 18:26
  Speaker 17: for investors, it's not going to be an obvious headline.
• 18:28
  Speaker 17: It's just going to be something where it's just the
• 18:30
  Speaker 17: gears of progress just slow.
• 18:32
  Speaker 8: In today's Apple world. You know, it's not going to
• 18:34
  Speaker 8: necessarily the move.
• 18:35
  Speaker 15: We're sitting here, it's an all time high.
• 18:37
  Speaker 5: Despite the fact that we're having this conversation.
• 18:39
  Speaker 17: If we look at the total revenue from Apple, we
• 18:42
  Speaker 17: estimate about forty five percent of that is somehow related
• 18:46
  Speaker 17: to manufacturing in China. As you said, that's been coming down.
• 18:50
  Speaker 1: But some of the other players that could get hit
• 18:52
  Speaker 1: on this is actually starting to play out right now.
• 18:54
  Speaker 1: In fact, China is probing Nvidia on suspicion of anti
• 18:58
  Speaker 1: monopoly law. This is how China will do it, is
• 19:01
  Speaker 1: they'll go after some of these major American companies. Nvidia
• 19:04
  Speaker 1: could also fall into the hairs of where this is
• 19:07
  Speaker 1: going now. If they fall into the crosshairs and how
• 19:10
  Speaker 1: this plays into maybe the future of the chip manufacturing,
• 19:14
  Speaker 1: but even cloud compute, then you have to look at
• 19:16
  Speaker 1: who else could win on that. Maybe render comes into
• 19:19
  Speaker 1: the play we talked about render. This is cloud distributed GPU.
• 19:23
  Speaker 1: So there's a lot of things that are working here
• 19:25
  Speaker 1: right now, a lot of working parts, but it's all
• 19:28
  Speaker 1: coming to a head very quickly. So if I can
• 19:30
  Speaker 1: say anything, look at Polka Dot, look at Avalanche, take
• 19:34
  Speaker 1: a look at where this technology is going, because this
• 19:36
  Speaker 1: is I think going to be the next step in
• 19:37
  Speaker 1: social media platforms. All right, if you guys are not
• 19:40
  Speaker 1: in the diamond circle, make sure and get in that
• 19:41
  Speaker 1: right now. It's a great place to get additional content. Also,
• 19:44
  Speaker 1: follow me out there on x at Paul Baron. We'll
• 19:46
  Speaker 1: catch you next time. Right here on tech Path