Latest / The Paul Barron Crypto Show / Ethereum Bull Case🚀MASSIVE Potential Unlocking Soon!🔥

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Ethereum Bull Case🚀MASSIVE Potential Unlocking Soon!🔥 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Let's get into ethereum today.
• 0:07
  Speaker 2: This is one of the most undervalued assets that is
• 0:10
  Speaker 2: out there in the crypto market. We're going to break
• 0:12
  Speaker 2: it down for you. It's going to be a good one.
• 0:14
  Speaker 2: It'll get into a lot of details. My name is
• 0:15
  Speaker 2: Paul Barre. Welcome back into tech path. Let's go into it.
• 0:18
  Speaker 2: I want to thank sponsor, mister Coinbase. How are you
• 0:21
  Speaker 2: out there?
• 0:22
  Speaker 1: You guys are.
• 0:22
  Speaker 2: Brand new to crypto right now. This is the place
• 0:24
  Speaker 2: where you want to start your journey. It's very easy
• 0:27
  Speaker 2: to set up. Anybody can do it. All you need
• 0:29
  Speaker 2: is do a little bit of AML. You know, you
• 0:31
  Speaker 2: get your driver's license, your bank accounts connected, all that.
• 0:34
  Speaker 2: Then you can trade. Go out there, buy some ethereum.
• 0:37
  Speaker 2: Just go out buy a little ethereum right now. Not
• 0:39
  Speaker 2: financial advice, but check it out. You're gonna get up
• 0:41
  Speaker 2: to two hundred bucks in crypto just to get started.
• 0:44
  Speaker 1: So this is the time, guys.
• 0:46
  Speaker 2: We are in a market correction right now. That could
• 0:49
  Speaker 2: be one for the books. Let's go into a couple
• 0:52
  Speaker 2: of things right now.
• 0:53
  Speaker 1: On the fear and greed.
• 0:54
  Speaker 2: Fear and greed is definitely holding at fifty two right now.
• 0:57
  Speaker 2: We have clearly escalated off that bottom. So the bottom
• 1:02
  Speaker 2: is over. It appears that we will not see that
• 1:06
  Speaker 2: type of scenario again.
• 1:08
  Speaker 1: Now.
• 1:08
  Speaker 2: Granted, now, could there be something crazy as far as
• 1:10
  Speaker 2: you know black Swan, yeah, of course. But other than that,
• 1:13
  Speaker 2: it appears that the tariff scare has worn off and
• 1:17
  Speaker 2: we are now seeing a potential upside going forward. Remember,
• 1:21
  Speaker 2: buying early even when the markets are tumultuous is the
• 1:25
  Speaker 2: key to making wealth. When you look at that, along
• 1:28
  Speaker 2: with other scenarios playing out for ethereum right now, is
• 1:32
  Speaker 2: the quarterly returns. Now, we have not seen three consecutive
• 1:36
  Speaker 2: returns on Ethereum in the negative I think, all the
• 1:41
  Speaker 2: way back to what is at twenty sixteen. So right
• 1:43
  Speaker 2: now we are in for a pump. Possibly in Q three,
• 1:46
  Speaker 2: could see that little twenty four percent similar to what
• 1:49
  Speaker 2: we saw in twenty twenty two.
• 1:51
  Speaker 1: Be on the lookout for that.
• 1:52
  Speaker 2: That would be a nice move for Ethereum, and a
• 1:55
  Speaker 2: lot of people I think that are looking at Ethereum
• 1:57
  Speaker 2: in general can kind of see.
• 1:59
  Speaker 1: That as potential.
• 2:00
  Speaker 2: Now there is a lot of movement because of the
• 2:03
  Speaker 2: devs and all the upgrades that are being made. Many
• 2:06
  Speaker 2: people are now saying we could see a ten k Eth.
• 2:09
  Speaker 2: This is all based off of Metallics Bold upgrades. This
• 2:11
  Speaker 2: sparks a little bit of a oil frenzy. Batallic wants
• 2:14
  Speaker 2: to replace EASTVIM with the new platform risk V and
• 2:18
  Speaker 2: this is kind of where it gets into it hardware
• 2:20
  Speaker 2: level CPU architecture. Remember this came from Polka Dot. Poka
• 2:25
  Speaker 2: Dot already did this, so and it's interesting because the
• 2:28
  Speaker 2: pokont community actually kind of is cool with this. So
• 2:32
  Speaker 2: if you look at China, China is now to publish
• 2:35
  Speaker 2: policy boost and this is reference to the risk V
• 2:38
  Speaker 2: chip using nationwide access. So this could be a big
• 2:43
  Speaker 2: move as China starts to roll out more involvement on
• 2:47
  Speaker 2: this technology. And then you go back over here to
• 2:49
  Speaker 2: the Pectra main net upgrade. This is happening over on
• 2:53
  Speaker 2: May seventh. This will be early in the morning on
• 2:55
  Speaker 2: May seventh, just around the corner. This is pretty much
• 2:58
  Speaker 2: the biggest upgrade that they have done since the Blob upgrade.
• 3:02
  Speaker 2: Other than when we saw kind of the evolution of
• 3:05
  Speaker 2: ethereum as a modern token. This one is going to
• 3:08
  Speaker 2: make a huge difference and it could be the catalysts
• 3:11
  Speaker 2: to move ethereum quickly up the charts. Let's go take
• 3:15
  Speaker 2: a look at upgrades, because this right here, if you
• 3:17
  Speaker 2: go back into twenty twenty one, remember that was the
• 3:20
  Speaker 2: last bull run, they were hovering it just a handful
• 3:23
  Speaker 2: of upgrades. Look at this dynamic move right here, guys.
• 3:26
  Speaker 1: The reason this is.
• 3:27
  Speaker 2: Happening, happening right now institutional capital RWA's we are seeing
• 3:33
  Speaker 2: a shift in the monetary system. Is very possible that
• 3:36
  Speaker 2: ETH could be right there, dead center for all of this.
• 3:40
  Speaker 1: I want to go to this next clip.
• 3:41
  Speaker 3: All of these upgrades that we're seeing there are like
• 3:43
  Speaker 3: the culmination of a decade of like actually like five
• 3:47
  Speaker 3: different strands of work that have all been trying to
• 3:50
  Speaker 3: solve all of these fundamental problems that have prevented the
• 3:55
  Speaker 3: l one sc scale from going higher without compromising security
• 4:00
  Speaker 3: or compromising decentralization.
• 4:01
  Speaker 2: Right all right, So biggest one that you could consider
• 4:04
  Speaker 2: was gas pees. That was the biggest problem we saw
• 4:06
  Speaker 2: in the last bull run. If you're a brand new
• 4:08
  Speaker 2: to crypto, the issue was every time you traded on ETH,
• 4:11
  Speaker 2: it was very expensive to do that even in traditional trades,
• 4:14
  Speaker 2: much less if you're transferring into NFTs or other assets.
• 4:17
  Speaker 1: Now we have rdba's involved. Take a look at the eighth.
• 4:20
  Speaker 2: Chart right now, in terms of gas fees, it is
• 4:22
  Speaker 2: definitely been trending down even from October of just last year.
• 4:27
  Speaker 2: It has absolutely bottomed out here. So that again is
• 4:30
  Speaker 2: another benefit for where we're going to see ethereum start
• 4:34
  Speaker 2: to move. All right, let me jump to a couple
• 4:35
  Speaker 2: other charts here. This is coming over from token Terminal.
• 4:38
  Speaker 2: But you see the activity on Bitcoin and Ether has
• 4:40
  Speaker 2: been up only it's actually up only on ethereum.
• 4:45
  Speaker 1: That's the up.
• 4:46
  Speaker 2: This is the down trend that we're seeing on Bitcoin.
• 4:50
  Speaker 2: So it tells you that dev's obviously we're not seeing
• 4:52
  Speaker 2: any growth in developers there. You can kind of see
• 4:55
  Speaker 2: right there transaction fee revenue clearly Ethereum outpacing Bitcoin by
• 5:00
  Speaker 2: a magnitude amount. Then you further into this Ethereum generating
• 5:05
  Speaker 2: revenue on both Ether holders and validators. Remember that right
• 5:09
  Speaker 2: now Bitcoin only generates revenue on miners. So that's the
• 5:13
  Speaker 2: I think the fallacy in the system once we see
• 5:16
  Speaker 2: the evolution of minors mining all the bitcoin, and I
• 5:19
  Speaker 2: know that's it's down the road, but still being able
• 5:22
  Speaker 2: to plan this out, that's why I think you're going
• 5:24
  Speaker 2: to continue to see growth here. On eight last point,
• 5:27
  Speaker 2: I want to get too. Is this one right here,
• 5:28
  Speaker 2: and this is both Bitcoin and Ethereum of unprecedentedly high
• 5:31
  Speaker 2: market caps, but they're based on core developers. But I
• 5:35
  Speaker 2: don't necessarily see that in the Bitcoin ecosystem right there,
• 5:40
  Speaker 2: the fall off and really just pretty much flat on Bitcoin.
• 5:44
  Speaker 1: Look at Ethereum. I mean, yes, you have.
• 5:46
  Speaker 2: The correction, but other than that correction we have seen
• 5:49
  Speaker 2: up and to the right we could see another all
• 5:51
  Speaker 2: time high in terms of core developers coming into the ecosystem.
• 5:55
  Speaker 2: So another good advantage for Ethereum. And if you look
• 5:58
  Speaker 2: at this, Ethereum is in a position right now it
• 6:01
  Speaker 2: just doesn't make sense why it has not seen an
• 6:04
  Speaker 2: unbelievable run around this and some of this many many people,
• 6:08
  Speaker 2: I would say, is still being manipulated by some of
• 6:10
  Speaker 2: the majors ARC investment. They made their first direct investment
• 6:14
  Speaker 2: into Salona.
• 6:15
  Speaker 1: So this is another thing that I.
• 6:16
  Speaker 2: Want to get to because I think some of the
• 6:18
  Speaker 2: people that are in the know, maybe not necessarily in
• 6:22
  Speaker 2: the know, and what I mean by this is are
• 6:25
  Speaker 2: choosing to go in Solana versus eight. If you look
• 6:28
  Speaker 2: at this next tweet right here, Galaxy Digital also kind
• 6:32
  Speaker 2: of copied that trade and is also unlocking and going
• 6:35
  Speaker 2: into Solana as well.
• 6:38
  Speaker 1: And here's the point.
• 6:39
  Speaker 2: When you look at Salona, it's not that it's a
• 6:40
  Speaker 2: bad trade, it's just that when you compare it to
• 6:42
  Speaker 2: the opportunity going forward, Solana is still Yes, it has
• 6:46
  Speaker 2: been pulled back, but does it have a huge upside
• 6:49
  Speaker 2: like what Ethereum could be doing is the big question.
• 6:52
  Speaker 2: This is Kathy Wood's trade on Nvidia. And the reason
• 6:55
  Speaker 2: I'm showing this is they exited back here in October,
• 7:00
  Speaker 2: they let all that happen right there, that was almost
• 7:03
  Speaker 2: one thousand percent in gain, and then they re entered
• 7:06
  Speaker 2: back here in June. So when you look at Kathy
• 7:09
  Speaker 2: Wood Arc, though they are excellent, this was a miss.
• 7:13
  Speaker 1: And I think that.
• 7:14
  Speaker 2: The core principles of what Ethereum offers has a lot
• 7:19
  Speaker 2: of similarities to what the core principles of Nvidia were
• 7:22
  Speaker 2: to AI. And that is the miss that I think
• 7:25
  Speaker 2: Wall Street is making on not getting into Ethereum versus
• 7:30
  Speaker 2: some of these other projects.
• 7:31
  Speaker 1: If you look at kind of these.
• 7:32
  Speaker 2: Extreme fear positions, remember we just went through one just
• 7:36
  Speaker 2: buying those spots right there. Boom up, boom up boom.
• 7:42
  Speaker 2: As you can see, it is a license to print money.
• 7:46
  Speaker 2: When you go and do this, it almost works with
• 7:49
  Speaker 2: almost any major catalyst asset that's out there, including if
• 7:54
  Speaker 2: you look at some of the cores around where technology
• 7:57
  Speaker 2: is going, eth is kind of leading the way there.
• 7:59
  Speaker 1: I want to go to another clip here.
• 8:01
  Speaker 2: This clip is going to get into the whole idea
• 8:04
  Speaker 2: of ethereum is money.
• 8:06
  Speaker 1: Take a look.
• 8:07
  Speaker 4: September twenty twenty two. This was the merge, and you
• 8:09
  Speaker 4: can see that at that point we've basically stopped the
• 8:12
  Speaker 4: growth of the supply of ether did in March twenty
• 8:14
  Speaker 4: twenty four. Earlier this year, the den Kuhn hard fork
• 8:17
  Speaker 4: introduced effectively some of the activity that was taking place
• 8:20
  Speaker 4: on the L one, some of the activity that was
• 8:21
  Speaker 4: burning ether on the L one migrated to L two's,
• 8:24
  Speaker 4: but the overall impact on the total supply is almost negligible,
• 8:28
  Speaker 4: meaning that over the course of a year we have
• 8:30
  Speaker 4: one point one million new eth created, which is less
• 8:32
  Speaker 4: than one percent annual inflation. Salona inflation looks a little
• 8:35
  Speaker 4: different and at a seven percent yield or a four
• 8:38
  Speaker 4: point seven percent annual inflation rate, so five times higher
• 8:41
  Speaker 4: than ether inflation. It's also interesting to look at bitcoin
• 8:43
  Speaker 4: inflation and for the next four years, there'll be three
• 8:46
  Speaker 4: point one twenty five bitcoin per block. Point eight percent
• 8:48
  Speaker 4: inflation annually is about the same as the ether inflation.
• 8:52
  Speaker 5: If ease is pirracial as money, why do we need bitcoin?
• 8:57
  Speaker 6: I don't know.
• 8:58
  Speaker 4: Bitcoin serves a role as kind of pet rock. What
• 9:01
  Speaker 4: is the ticker is eve?
• 9:05
  Speaker 1: All right?
• 9:05
  Speaker 2: So that you can kind of the bullish case of
• 9:07
  Speaker 2: where ethereum could be looked at in terms of inflationary
• 9:11
  Speaker 2: as a money source. One point I want to jump
• 9:14
  Speaker 2: over to on doing analytics right here, as these become
• 9:17
  Speaker 2: a little bit more interoperable.
• 9:19
  Speaker 1: This is a fairly significant growth chart. Already we are
• 9:22
  Speaker 1: going to.
• 9:22
  Speaker 2: See a growth chart that you will not even recognize.
• 9:26
  Speaker 2: This is just the beginning of the bell curve that
• 9:28
  Speaker 2: could be occurring. You can kind of see unit chain
• 9:30
  Speaker 2: right there and in the course eth leading the way.
• 9:32
  Speaker 1: All right.
• 9:33
  Speaker 2: So one thing to consider is after the next major advancements,
• 9:37
  Speaker 2: which will be one click transactions, let me go to
• 9:39
  Speaker 2: this clip right here.
• 9:40
  Speaker 3: Take a look seven seven oh two enabled wallets will
• 9:43
  Speaker 3: be able to do UNISWAP trades with one click or
• 9:48
  Speaker 3: one transaction instead of two, and so Ethereum becomes two
• 9:52
  Speaker 3: times lots annoying.
• 9:54
  Speaker 1: Yay, you gotta love uh.
• 10:00
  Speaker 2: Of a talent and that is right, Yeah, yay, But
• 10:03
  Speaker 2: that's a big ya because that's a huge step in
• 10:06
  Speaker 2: the process of where this can go for trades on UNISWAP,
• 10:10
  Speaker 2: big big, big guys out there. The other thing that
• 10:12
  Speaker 2: could happen is speed. Speed is the thing that will
• 10:16
  Speaker 2: kill in terms of monetary systems. Remember that VISA is
• 10:20
  Speaker 2: still one of the fastest networks out there. What happens
• 10:23
  Speaker 2: if ethereum becomes as faster faster?
• 10:26
  Speaker 3: Take a look, we can reduce from twelve seconds to
• 10:29
  Speaker 3: eight seconds. Also, we want to like decrease from eight
• 10:32
  Speaker 3: seconds to four seconds, right, and I mean even twelve seconds,
• 10:35
  Speaker 3: like like if you think about credit cards, you know,
• 10:37
  Speaker 3: you tap the credit card, the wheel spins for a
• 10:40
  Speaker 3: while like that, Like it's actually very far from being instant, right,
• 10:43
  Speaker 3: and so competitive for that, but like we want to
• 10:45
  Speaker 3: actually be better. Right, Applications that need even faster confirmations
• 10:49
  Speaker 3: than in a layer two IS can continue to exist
• 10:53
  Speaker 3: for that. And I think there is going to be
• 10:54
  Speaker 3: a value in a layer two IS forever, right.
• 10:57
  Speaker 2: If they get to that level, which I think they will. Well,
• 11:00
  Speaker 2: we have now disrupted the credit card payment system worldwide.
• 11:05
  Speaker 2: That's the kind of opportunity that sets in front of
• 11:07
  Speaker 2: ethereum right now, take a look over at axil our
• 11:11
  Speaker 2: integrations in terms of contracts.
• 11:13
  Speaker 1: One thing that blockchains.
• 11:14
  Speaker 2: Will want to do is look at bridging over to
• 11:17
  Speaker 2: be able to get access to DeFi. So this of
• 11:19
  Speaker 2: course is going to increase transactions. This is already happening.
• 11:22
  Speaker 1: With flow AXELR, with XRP as well.
• 11:26
  Speaker 2: All of this they're chasing the idea of one liquidity
• 11:30
  Speaker 2: and also the opportunity here I think in terms of growth.
• 11:32
  Speaker 2: So this of course kind of shows you the growth
• 11:34
  Speaker 2: already within the XRP ecosystem rl USD once that it
• 11:39
  Speaker 2: started to go into ave look at that growth boom.
• 11:43
  Speaker 1: We're going to continue to see that.
• 11:45
  Speaker 2: And then even token ized commodities gold, this is another
• 11:48
  Speaker 2: one that will continue to grow within the ecosystem.
• 11:52
  Speaker 1: All of this playing out.
• 11:54
  Speaker 2: Now, let's look at this because you've got to consider
• 11:56
  Speaker 2: when you think about gold, China is now looking at
• 11:59
  Speaker 2: setting up overseas warehouses for Shanghai Gold Exchange. Now, the
• 12:02
  Speaker 2: reason that is important is because of this information right here.
• 12:06
  Speaker 1: Let's go to this clip.
• 12:07
  Speaker 5: That is where I think China is trying to have
• 12:10
  Speaker 5: more of an impact. I would encourage everybody out there
• 12:13
  Speaker 5: to go look at the Shanghai Gold Exchange. They have
• 12:15
  Speaker 5: made tremendous leaps in opening up to allow for settlement
• 12:19
  Speaker 5: and physical delivery. So if you're a country that trades
• 12:22
  Speaker 5: with China, you have a surplus and REMMB, you can
• 12:25
  Speaker 5: use that to then buy gold at the Shanghai Gold Exchange,
• 12:28
  Speaker 5: and then you can physically deliver it to wherever you wish.
• 12:31
  Speaker 5: That is the area that China is going to I
• 12:34
  Speaker 5: think be more aggressive.
• 12:35
  Speaker 2: So with that being the case, tokenis gold, that's where
• 12:39
  Speaker 2: the eth opportunity starts to play. Instance, and we already
• 12:42
  Speaker 2: know China is one of the biggest, if not the
• 12:44
  Speaker 2: largest gold holder in the world, but major Chinese insurance
• 12:48
  Speaker 2: companies now are investing in gold on the Gold Exchange.
• 12:52
  Speaker 2: And if you look at the numbers they're talking about,
• 12:54
  Speaker 2: under the pilot ten insurance companies can now invest in
• 12:58
  Speaker 2: one percent of their assets in gold. That's two hundred
• 13:00
  Speaker 2: billion YU on approximately twenty four billion in USD. So again,
• 13:06
  Speaker 2: this is just the beginning of what the potential can
• 13:09
  Speaker 2: be for tokenized gold going forward. Let me go to
• 13:12
  Speaker 2: a couple more clips here. This is Scott Bessont talking
• 13:14
  Speaker 2: about this very point on the Shanghai gold exchange.
• 13:17
  Speaker 6: Listen't it you see things happening on the margin this
• 13:21
  Speaker 6: Shanghai gold exchange very interesting. Could we imagine some kind
• 13:27
  Speaker 6: of a R and B that is exchangeable into gold,
• 13:31
  Speaker 6: maybe at a premium.
• 13:33
  Speaker 2: I don't disagree with any of that, which is probably
• 13:35
  Speaker 2: why I find myself constantly sort of rolling my eyes
• 13:38
  Speaker 2: when people mention bitcoin.
• 13:40
  Speaker 6: Gold can be a risk off and a risk on asset.
• 13:43
  Speaker 6: Bitcoin is a risk on asset.
• 13:47
  Speaker 1: All right.
• 13:48
  Speaker 2: So Bessett has already kind of shown that his interest
• 13:51
  Speaker 2: is in other alternatives, and I think at eth is
• 13:54
  Speaker 2: definitely one of them.
• 13:56
  Speaker 1: Beston also goes in, take.
• 13:58
  Speaker 6: A look, we are going to keep the US the
• 14:01
  Speaker 6: dominant reserve currency in the world and will use stable
• 14:05
  Speaker 6: coins to do that. Thank you.
• 14:08
  Speaker 2: Well, you know what that means stable coins. Obviously, that
• 14:11
  Speaker 2: starts to go into guess who ethereum, look at the
• 14:14
  Speaker 2: market cap right now overall, which is continuing to expand
• 14:18
  Speaker 2: right here.
• 14:19
  Speaker 1: I'm going to zoom in on that for you guys.
• 14:21
  Speaker 2: It's still leading the way right there in a significant way.
• 14:25
  Speaker 2: This is the future of where stable coins are going
• 14:27
  Speaker 2: to be and if the US is going to dominate,
• 14:30
  Speaker 2: Ethereum is going to benefit from all of this. Last
• 14:33
  Speaker 2: couple of things I want to hit on right here.
• 14:35
  Speaker 2: Ron Hammond's talking about a huge month coming up, and
• 14:39
  Speaker 2: May is going to be busy. I think we're going
• 14:41
  Speaker 2: to see our stable coin bill get through. Ron's out
• 14:44
  Speaker 2: playing a little golf. Next week is going to be
• 14:47
  Speaker 2: a return week for Congress, and this means that we
• 14:50
  Speaker 2: could see a quick advancement on regulatory framework, and that
• 14:54
  Speaker 2: means stable coins and possibly frend Chills supposedly making some
• 15:00
  Speaker 2: extra effort work that could get FIT twenty one moving
• 15:04
  Speaker 2: into passage as well. If all of those things were
• 15:06
  Speaker 2: to come to come to reality at the timing, could
• 15:11
  Speaker 2: be huge for the markets, and I think Ethereum could
• 15:14
  Speaker 2: again be one of the big winners here going forward.
• 15:17
  Speaker 1: One other thing that is going to be good.
• 15:18
  Speaker 2: For eth is around gaming season, and that is because
• 15:22
  Speaker 2: of the launch of all these new consoles.
• 15:24
  Speaker 1: We sell the Sweet Play, then the.
• 15:26
  Speaker 2: Nintendo Switch gets launched, and the opportunity for these active
• 15:31
  Speaker 2: accounts are going to continue to grow. We're going to
• 15:32
  Speaker 2: see a lot more gamers starting to get more active
• 15:36
  Speaker 2: and most likely we're going to see some Web three
• 15:38
  Speaker 2: integrations within all of this. And if you look at
• 15:41
  Speaker 2: the big players, you have to consider Microsoft. We did
• 15:45
  Speaker 2: this video quite a while back, Microsoft choosing Ethereum over Bitcoin,
• 15:49
  Speaker 2: and the reason was is the opportunity here going forward
• 15:52
  Speaker 2: for these bigger players is going to be integrated into
• 15:56
  Speaker 2: Web three. That's where Ethereum plays into this terms of opportunity,
• 16:00
  Speaker 2: this is huge.
• 16:01
  Speaker 1: Guys.
• 16:02
  Speaker 2: Make sure if you're not in the diamond circle get
• 16:04
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• 16:05
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• 16:08
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• 16:10
  Speaker 2: one use the link down below this video, and I'm
• 16:14
  Speaker 2: in there all the time. So I'm happy to chat
• 16:16
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• 16:18
  Speaker 2: We'll catch you next time right here on tech Path