Latest / The Paul Barron Crypto Show / ETH + SOL Dominating Bitcoin +Crypto Market Update

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ETH + SOL Dominating Bitcoin +Crypto Market Update · The Paul Barron Crypto Show

0:07
All right, so welcome back in. We're gonna be jumping into a video
0:10
today. We're gonna be breaking down Ethereum and also Solana as it dominates bitcoin,
0:16
what this might mean for the markets, how this is going to play
0:18
out with those two tokens. You guys are gonna love it, don't miss
0:22
it. My name is Paul Vera. Welcome back into tech path. All
0:24
right. As you guys know, we always love to thank our sponsors here
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dollars funding reward and get you in to I Trust Capital. All right,
1:14
let's get into it today. As you guys know, we probably maybe have
1:19
realized that I was gone for a couple of days and what may be not
1:25
all aware of this, But I do a lot of consulting for major companies
1:29
and this was one of those projects that I'm working on. And what I
1:33
can tell you right now, without getting into any details, is that there
1:37
are some major things about to happen in the web three space. What we're
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going to see in terms of major adoption, mainlining, mainstreaming, what's happening
1:48
in the crypto communities. There are some major companies that are getting ready to
1:52
really start to take some steps I think in a big direction. So I
1:56
can't talk more than that about it. What I can tell you it's about
1:57
to change the face of what we'll see a blockchain. Let's get into it
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today, because there's two other things that are going to change the face the
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blockchain, and I think that's going to be Ethereum and Salana. When you
2:07
look at some of the news, you have to kind of take into consideration.
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What's happening right now within bitcoin? Mount Goox trustee now starts the bitcoin
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cash repayments in July. Interesting timing too, you know you look at July.
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What else is happening in July? Does anybody know? Yeah, we're
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going to be having an ETHTF most likely go live in July. More than
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nine point four billion worth of bitcoin is now owed to approximately one hundred and
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twenty seven thousand creditors people from Mount Goox. These creditors have been waiting for
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ten years to recover their funds. This of course will go into a huge
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potential here. What does this do to bitcoin at that period of time?
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We've already seen a pretty significant downturn in bitcoin over the past week if you
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look at the chart, we'll just hop over to the chart real quick,
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all the way back here to around the sixth of June. And what if
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we see here in terms of drop from just we'll go from that soft top
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right there to where we are at its worst, where it dropped down to
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a route fifty eight to three, almost a nineteen eighteen percent drop in bitcoin
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just a small period of time here in the month of June. What does
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that mean for the rest of the summer, and I think as you start
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to look at other performing assets, including Solana and ethereum, it starts to
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question does bitcoin pull out of this or does it take a much longer time
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to get to its all time high. We'll be doing, of course,
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our poll today, make sure and fill that out. Love to kind of
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gig us feedback on that, and also no forget drop some questions in over
3:40
on the sidebar. We'll try to get to as many of those as we
3:44
can there. I know they're coming in right now. All right. Other
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things that, of course that are happening right now, there is this correction.
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Is news driven for bitcoin and all coins perhaps due to the malcong news
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Cox news? I would say that it is that. But at the same
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time, there are some other things within this. Remember this was the timing
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notice right here regarding the commencement of the repayments notice there beginning of July.
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Very interesting timing here, is all I can say. Very interesting timing within
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this. But is that the only reason that we've seen bitcoin adjusting downward?
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Or is this normal? You know for some people. I think people would
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look at the minor category, they'd look at what's happening in the rest of
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the projects. You look at influences from the ETF's influence of what we're seeing
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now at the Mount Dox. All of this plays into some pretty big issues.
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And remember last three times past three times Mountcox's repayment FUD was dropped,
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we saw some pretty significant changes within the markets. The difference at that period
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was that it wasn't actual repayments happening. This one is the day has come
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so that I think will play out a little differently in the markets. And
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the question is whether or not we see bitcoin really start to take a down
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trend or is this finally the last leg for bitcoin in terms of down trend
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and then we see an upward market trend. So there's a lot of people
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looking at this right now and really taking a look at this as whether or
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not it's normal or not. Now here's Anthony pomp Leona. I've got a
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clip for you where he talks about this, if it is normal or not?
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Take a look. When do you look at what's happening with crypto and
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decide that there needs to be a reason for what's happened. I mean moves
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like this back to sixty one, watching bitcoin. For the last five ten
5:35
years, the moves happened like this all the time. Do you have three
5:40
reasons why a bitcoin has come down from above seventy to where it is now.
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I think it's important for us put in context. Right, bitcoin's up
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forty percent year to date, it's up one hundred percent over the last year.
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So in terms of volatility, this is pretty expected. What we've seen
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in previous bull markets is that there's four or five six different drawdouns of thirty
5:57
percent or more. We're down about fifteen percent or so, so this is
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right within kind of the band that you would expect. I think that what
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occurs is when an asset goes up a lot, people start to take profit.
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And so what we've seen is this explosive rally to start the year,
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people naturally take some of that profit. We're also seeing a lot of people
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doing the basis trade, where they're basically going along the spot market and they're
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shorting futures, and so what that is doing is it's dampening some of the
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volatility, which allows for leakage and some selling. And then lastly, I
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think is we get to the summertime, right, you see this a lot
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of people in the public markets will say, you know, investil may and
6:28
then go away, and so you start to see some of that as well
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here where people are seeing these really explosive moves at the beginning of the year.
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And then also Q four tends to be a big kind of quarter for
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crypto as well, and so Q two into Q three tends to go kind
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of sideways. I think that's just what we're seeing. I'm surprised that Pompeiano
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is still pushing on the seasonality side of things and the trend cycles that we've
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looked at, because there's so many contributing factors now to where crypto is going.
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And what he was referencing. I don't know where he was getting the
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fifteen. Maybe that was a video that he wasn't looking at the entirety of
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this week's drop. But if you look back to the local high which was
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back here on March thirteenth, right there to where we had the local low,
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which was actually lower than this, but let's just say the one that
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we have now, which was at fifty eight to three, that's a drawdown
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of twenty one percent. Now, granted that is still sideways. If you
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look at the chart there in action. But I look at this and I
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compare this to what's happening locally within the Malgox scenario, and then you also
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look at just the market impressions in general, the slowness of potential rate cuts,
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the issue of sickness in terms of the macro from an inflation standpoint,
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and then the global element that still plays into this. Let let's not forget
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that we have a major scenario that's playing out in the regulatory front. So
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all of this still not necessarily bullish I think for bitcoin unless we get a
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breakthrough. So this is the things I think that we're going to be watching
7:57
very closely going into that. I want to also play another clip because this
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is also pomp talking about why stocks might be holding better than bitcoin right now.
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Take a look. You know, stocks have held a better than bitcoin
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even though the prospect of raid cuts is five four or three two. Now
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I don't know where we are. We had one rate cut this year.
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That's what pitcoin really needed was an easier fed. That's what always uses it.
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What I think is really interesting is, you know, a couple of
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years ago, it was all about bitcoin and crypto. Now a lot of
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people are talking about AI, but I think people are kind of missing that
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these are actually part of the same trend. We're going into this automated world
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where AI is going to create enormous amounts of wealth and bitcoin is going to
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protect that wealth. And so when you start to see these technologies coming together,
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you know, an easy way to see that intersection is what money are
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the machines going to use? Then why is it diverging? Well, what
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you start to see is people are putting capital, they outlay it into bitcoin
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and crypto, and now they move over to AI. They'll go and they'll
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invest there. But it's not like bitcoin is going and falling, you know,
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fifty percent what they're going to do. Yet, as AI continues to
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you know, get larger, there's more wealth generated there. People are going
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to look to protect that wealth, and I think that they'll go back into
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bitcoin. And so my guess is that AI and bitcoin are both a ten
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year trend. Here. We've got massive tailwinds. And the good news for
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the United States is there is a potential the GDP will actually increase because of
9:15
the productivity from AI and then bitcoin being able to protect a lot of this
9:18
wealth. I think the people looking at this as what's going to happen day
9:20
to day or week to week are missing this huge tailwind for the next decades,
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all right, So he leaned in a little bit more towards AI as
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being the productivity vehicle, you know, for growth. I would agree with
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that to a certain extent, but I think he was struggling with really understanding
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the divergence between the markets when you look at the S and P five hundred
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and what's happening with Bitcoin continuing to track down because as we said, you
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know from its local high versus if you compare that to what's happened in the
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S and P five hundred, which has just been you know, new all
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time high, new all time high multiple times over this past year. So
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yes, Bitcoin is up one hundred percent since less time last year. We
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always wonder is this the period of time where we start to see these breakouts
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in some of these other projects. So I think that's the key looking forward.
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I'm looking at the chart right now. This is the Salona Bitcoin chart,
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and you can see the trend. This is of course looking at the
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monthly This goes all the way back into July twenty three, and look at
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the difference here in terms of Solana performance. Sure, there's been times where
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it's been up in that like two hundred dollars range where we saw the top,
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but even where it is today, which is highly suppressed, we're still
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looking at a significant upward trend on Solana over bitcoin eth kind of in the
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same position, looking out in a much longer time frame here on the monthly
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also timing up. If you look at the daily on that one, it
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gets really interesting and the trend starts to really start to play out right here,
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because I think the key here is in this short period of time when
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we look at eight overall and the potential for it, there's a big opportunity
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I think here for Ethereum and Solana to both perform pretty significantly in parison a
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bitcoin. Love to get you guys' feedback on this, how you're playing this,
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because this is I think this is a good timing for ethereum obviously with
11:09
an ETF but at the same time with the advancement of technology and what we've
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seen, whether it's AI or the integration of this Web two to Web three,
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you know, onslaught of tech. What we'll see in the ar VR
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space. I think there's some very intriguing things with both these block chains that
11:26
don't necessarily fall into the hand of Bitcoin going forward. Of course, you
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got to remember you've got the chair, mister Gensler right there saying process on
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the spot. E ETF approval is going smoothly. We did a clip on
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this the other day on Twitter and he must say that like four times.
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I think that that clip alone got I think like sixty thousand views. But
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the point being is that he himself, Gensler, was struggling to kind of
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address what was happening in the crypto markets right now. And again I think
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that's a good thing in general, because I think it's more of a political
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baggage scenario that we've talked about many times here on this channel. I want
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to go to a clip of this because this is exactly that Guessler talking about
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the ETF approval, isn't it still You're approving ETFs And the one I think
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there's a lot of excitement around is this ethereum ETF. Will we see that
12:18
in the next few weeks. I don't know the timing, but it's going
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smoothly. You can almost follow it publicly. You see these filings, Bloomberg
12:28
then report so on you get more clicks. Do you think we'll see it
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before the election. Again, I'm not trying to determine what the staff is
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doing, but it's going smoothly, and I just envision it at a staff
12:46
level and smoothly play out. It's smoothly functioning. It's really up to the
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asset managers to make the proper disclosures. Anytime people do that, I always
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wonder what's going through their head at that period of time when they are discussing
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something like that in a way that is just kind of extending the situation.
13:09
So I don't know this is a good sign. I think, as I
13:11
said, for Ethereum, the future though, really is going to depend on
13:16
how Ethereum breaks into mainstream. That's the key if Ethereum truly gets an uptick
13:24
in terms of mainstream adoption, and this means you know, traditional investment as
13:28
well as retail investment, but I think also companies that start to realize the
13:33
use cases of ether and the ecosystem as well as Solana. That is really
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what I think makes the big difference going forward. Now, some of the
13:41
things that have been stated out there, this course, coming in from Matthew
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Siegel, We're gonna try to get him back on the show for Venac.
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He says, Venax is going to wave fees initially on spot et for ethereum.
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This will be for pretty significant because, let's face it, fees and
13:58
the war of fees, because I remember Blackrock a very you know, I
14:01
would say, very competitive fee structure in terms of when they rolled out their
14:05
Bitcoin etf but they pretty much took the lead. Now Fidelity shirt, Yeah,
14:09
they're in the race, but Blackrock really kind of has it. But
14:11
Fidelity, as strong of an asset manager as they are, and I believe
14:20
as focused on ethereum as they are, I think they may end up having
14:24
a very significant potential play here for ethereum. Here's what he said. The
14:31
plan is to make it up on volume. In this case, DeFi volume.
14:37
See this is a traditional finance guy talking about this stuff. It's pretty
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cool. I want to go to a clip. This is I think Matt
14:43
Siegel talking about that very same thing. But he's talking about how much we
14:48
could see in the first eighteen months. Take a look. Do you think
14:52
they will see fifteen billion? Funny, I remember when fifteen billion would have
14:56
been a good number in people's minds for the bitcoin spot ETF first eighteen months
15:00
and it shattered that matter of weeks. Yeah, so that would be fifteen
15:05
billion, would be like twenty five percent of the existing stock of bitcoin etfa
15:11
UM in one year. Sound we'd almost sixty billion. I mean we're just
15:16
under depending on the price. I A lot of that was A lot of
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that was GBTC, right, A lot of that was GBTC where the flows
15:24
came over the last like eight years. So it you know, it sounds
15:28
like a nice op of the price substantially though, of ease the asset because
15:31
it's much less liquid than BTC. There's you know, even less inflation.
15:39
So I think even like five billion in flows could you know, cause a
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fifty to fifty percent rally. All right, So mass ego, great guy,
15:50
I mean good analysts. I think you know, when we've talked and
15:54
interviewed him before, there's been a time when he and Vanak I do believe
15:58
had a different opinion of the ETF as whether or not it would happen.
16:03
I think he even said that on our show and we had an interview with
16:06
him. But you look at where Van k is and some of the you
16:10
know, and I think some of the traditional Wall Street types I don't know.
16:14
First of all, they missed the Bitcoin ETF in a very big way
16:17
in terms of the expectation of what happened with the Bitcoin ETF. I think
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they might be missing the ETF as well when you look at the ecosystem the
16:26
potential here, Yes, there's some major opportunity. But I think also the
16:30
scenario that plays into this is the regulatory front, which if we even get
16:34
a hint of a regulatory framework for this crypto in general, that I think
16:40
turns the corner for the Ethereum ETF and it puts in a lot more people
16:45
into doing whether it's a sixty forty portfolio split, but looking at crypto taking
16:48
a larger percentage of it, and I think Bitcoin and ether will lead the
16:52
way. The question will be is which one is getting the most coverage right
16:57
now? And the likelihood for advanced techechnology it's going to be Ethereum. So
17:03
you look at that and then you consider this around what's happening in the mining
17:07
space. Bitcoin mining may foray into AI training, So we're looking about without
17:12
banning bitcoin mining. But the thing that they point to is miners are accelerating
17:17
their investments to monetize their energy contracts and physical facilities for AI purposes. So
17:25
if you were planning and creating a strategy for a business long term and you
17:30
start to look at the potential for new technology, you know what your capacity
17:34
is for mining bitcoin, you know what your probability is in terms of the
17:40
compute power that you need to be able to solve the problem to get the
17:44
bitcoin. But the opportunities here need to look at scale and the ability to
17:48
scale at I think an accelerated pace and obviously AI compute along with other technology
17:55
that we look at, render, cloud compute, things of that nature.
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I think eventually we'll get and some spatial computing that will probably make its way
18:02
into this as well. There's a lot of opportunity here for sure. I
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want to get into another clip real quick, and let's see what do we
18:10
have here? Yeah, oh yeah. This was Siegel talking about this point
18:15
because he was down here I think it was Mining disrupt and here in Miami,
18:18
and he was talking about this this diversifying strategy that some of the miners
18:23
were holding. Take a look, uh, And I was out of dinner
18:26
this week with the CEO of Taro Wolf dinner organized by Canner Fitzgerald, which
18:33
is Tether's banker. They've recently initiated on the bitcoin miners, and what was
18:37
super interesting was the attendees in that room. I swear I was the only
18:40
person who cared about bitcoin. These are all power analysts, data center analysts,
18:47
and they're getting the math on how much money these guys can earn per
18:52
mega lot uh and what percent of their you know, power is going to
18:56
be allocated to this AI high perform. It's compute use case. And there's
19:00
a number of miners with a fair bit of spare capacity that are going to
19:06
take those calls and strike deals. But interestingly, you know, when I
19:08
had had Fred til On from Marathon who said, listen, man, everybody
19:11
calls us bitcoin miners were just data centers, you know, And I thought
19:15
that that was sort of like a political way of reframing it so that they
19:19
could, you know, get regulations passed or talk to legislators. But it's
19:23
proving to be one hundred percent true. The winners in bitcoin mining, you're
19:26
going to be the ones who diversify out of bitcoin mining. Yeah, I
19:32
think it's got to hit it right there. The winners in bitcoin mining are
19:34
the ones that are diversifying out of bitcoin mining, and I would agree with
19:37
that. We talked about this many times with Hot eight, with Tarowolf,
19:41
both have been on our show, and the idea is diversification and looking at
19:47
scalability, you know, to next level. Sure, bitcoin mining is to
19:49
be part of that, but it's not going to be the line's share of
19:52
where we see this growth. I think some of the other things that are
19:56
happening, whether it's gaming as I said, cloud compute, et cetera,
19:59
that are really I'll play into this now, is this problematic? Matthew Siegel
20:03
goes a little bit further, take a look. Could that be problematic for
20:07
bitcoin mining in the future. If AI becomes wildly more profitable than mining bitcoin,
20:11
could that be an issue for the network? Well, I've often joked
20:15
that like, you know, this the same technology that was going to liberate
20:18
us, you know, may actually be used to surveil us. So I
20:22
think that there is like a kind of push and pull between AI and bitcoin.
20:26
But there's a lot of complex variables there and it may just be that
20:33
it, you know, to the extent that US is a leader in AI,
20:36
we might sacrifice some of our like bitcoin mining dominance, that energy might
20:41
might come from somewhere else. But I don't think that the two are necessarily
20:45
always in conflict. Interesting, I think the it's kind of what you know,
20:52
you don't know what you don't know yet, And that's what's happening right
20:56
now with a lot of technology. We're going into, you know, blue
21:00
water that has never been really scaled before in terms of the potential, what
21:04
the capacities are, and also what the opportunities are. And I think that's
21:07
the thing that I'm finding, even when I work with a lot of Fortune
21:11
one hundred and Fortune five hundred companies, they're starting to look at blockchain and
21:15
they're figuring out that they don't even really even understand what the real opportunities are
21:19
yet. Because it's kind of like the birth of the Internet. If you
21:22
remember many of you may not, but when Silicon Valley first started utilizing you
21:27
know, the birth of the Internet, before e commerce really became a thing,
21:30
that was the big question mark was where was the growth going to come
21:34
from? And I think a lot of people, you know, if you
21:37
remember the Wall gardens of AOL and things of that nature. I go back
21:41
that far in terms of tech, and that was the big breakthrough, was
21:45
when we started to see real use case and I think that will be the
21:48
case here with other projects in the blockchain and AI space. Make sure and
21:52
drop some comments over on the side. And by the way, if you
21:55
haven't hit the like button by now, make sure and do that. If
21:57
you like these kind of breakdowns where we go into a lot of detail in
22:00
breaking down potentials of where these markets are going, let us know, just
22:04
drop some comments and hit the like button. And it also helps other people
22:07
kind of discover what's happening out there in the space. So the other thing
22:11
to consider here is bitcoin back loans, and this is one that has always
22:15
been a challenge. You know, how do you get one? It's one
22:17
of the biggest issues I think that are out there. They're innovative. It's
22:21
kind of an innovative twist on traditional lending merging with the world of crypto.
22:26
But there's a lot of lending platforms that are trying to streamline the process making
22:30
these much more accessible. I think that's a potential opportunity here. You know,
22:34
when you look at DeFi and the potential of how all of this integrates
22:38
in traditional finance. There's some big opportunities here. So it's not as though
22:42
we're seeing, you know, the death of bitcoin. I'm not saying that
22:47
at all. What I'm saying is that there's some very real opportunities in some
22:51
of these other projects and some of these other tokens when you look at performance,
22:56
just performance on return on capital that because that's going to be a big
22:59
part of it. People look at investments, especially when you get into Wall
23:02
Street, because return on capital is a big one. Now here was totally
23:07
bitcoin staking on Solana. He was a little bit mind blown there. This
23:11
course is new Zeus network. Remember though, guys, these are our bridges.
23:15
So if you are getting into some of these things with you know,
23:18
a little bit more, I will call it risky. Just remember those are
23:22
bridges, very risky. So just keep that in the back of mind and
23:26
anytime you participate in any of those. A couple of the tweets right here,
23:30
one of the biggest opportunities in crypto right now. Liquid staking on Solana.
23:33
Again, much more risky, but it is it's out there. You
23:37
know, It's not that we you know, there's guys that are going to
23:41
go this route regardless of what we say. But I'm just saying that those
23:44
are things that you have to really kind of consider, you know, in
23:45
terms of security, the everything exchanged, Jupiter now kicking off their giant unified
23:52
market initiative. Look at the market initiative when you look at the potential of
23:57
what this might mean for the Salon ecosystem, Lots of opportunity I think here
24:03
overall in Solona in general. But of course those are the two plays that
24:07
you know I would make at least again not financial advice, but what I
24:11
look at from a strategy standpoint, from a tech standpoint. And then the
24:15
other component you know that I talked about. Even with the number of companies
24:18
that I talked to out there in the space who are looking at all of
24:22
these kinds of moves going on, it's a lot of floors coming in with
24:27
wrap. Bitcoin officially goes live on Salona, So again this is coming in
24:30
through wormholes. So again remember utilitia on the DeFi ecosystem. I get it.
24:37
I understand why there's the need and the demand, but it is one
24:41
of those things that can be a bit more risky. Here's zeus. You
24:45
can kind of see a little bit of I mean, look at the amount
24:47
of activity. We're seeing total value locked right now one hundred and ninety six
24:49
millions, so still growing. Pretty interesting. All right, We're going to
24:55
get to some questions here, Uh don't for was and has launched a big
25:00
one ETF But also you look at this company and their relationship to ARC.
25:04
Remember when Kathy would stepped out of this. But there's some things they're doing.
25:07
Of course, they've got a lot of activity going on on chain.
25:11
There's Onyx coming in. We'll see more of these kinds of investment opportunities,
25:17
a lot of crypto ETPs coming in from this company. And then there's the
25:21
kind of this whole process of DeFi and the access of tokens starting to grow,
25:26
So a lot of rap tokens there again coming into this area. So
25:30
big stuff politically. This is the other thing that you have to kind of
25:34
consider is what is this going to look like when we see not only the
25:41
debate this week, because Thursday is a debate day. I'm kind of curious
25:44
do you guys think crypto will be mentioned on the debate During the debate with
25:48
Biden and Trump kind of curious what you guys think, let me know down
25:51
in the comments. But President Trump, of course, he's in talks to
25:55
speak at the Bitcoin Convention in July. Listen. I think he is very
26:00
pro crypto, but I think he's more pro innovation, and crypto happens to
26:03
be part of that. So I think he is going to be talking his
26:08
book over there in terms of innovation. I listened to him on the All
26:11
In podcast, and I mean he came with some pretty good answers against some
26:15
guys that are I would say, are a little bit more neutral and left,
26:19
and he came back at that, you know, from a sense of
26:23
I think, you know, realizing where the US is economically, and you
26:29
know, the opportunity kind of going forward in terms of innovation, especially around
26:33
tech, which is a big one. I see all the questions coming in.
26:36
Just so you guys know, here was another big reason that I think
26:40
he's going to be a little bit more pro crypto. Remember Cameron and Tyler
26:42
Winkle Vass. This is Gemini contributions to campaigns Now received another of one point
26:48
seven million in on chain donations. This is coming over to the Trump They
26:53
did. It was David Sacks they did a fundraiser, Whink of Oss Twins
26:57
were there, a handful of others Jamath polyoptia point being is that you've had
27:03
a lot of people that were not in these kinds of things in the past,
27:08
both from a tech and innovation side of things, but also from the
27:11
crypto communities, which tells you that we're seeing a lot more activity in terms
27:17
of the politicians than what we have seen in the past. Cycle in twenty
27:22
sixteen when Trump ran against Clinton, and then obviously what we saw in twenty
27:26
twenty. I think this is a dynamic that's starting to shift quite a bit.
27:30
So crypto could be a huge, huge part of the next not only
27:36
this election cycle, but possibly the one after. Many people are still speculating.
27:41
When Trump flew into I think it was Ohio that he may be selecting
27:45
vive Ak as his VP. If he does that, we have two potential
27:48
crypto champions in the White House. That would be a big deal if they
27:52
win, so huge, huge stuff out there. All right, we're going
27:56
to get to a poll real quick. Let's take a look. All right,
28:00
what do we have here? Which all coins? Would Bitcoin maxis be
28:03
more tempted to move to Ethereum thirty eight and Solana my coin our XRP.
28:10
I noticed they didn't put bitcoin on there, or just keep bitcoin on there
28:14
sometimes the crypto pit just you know, they have a mind up their own.
28:17
I can't you know, we can't get them in there, all right.
28:19
A couple questions here, we've got hot lit lit sounds like you're way
28:26
too deep in Solana. Uh, guarantee it's not around in four years,
28:30
all right. If you put your real name on your YouTube account, I'll
28:33
come back in four years and I will prove you wrong. It will be
28:37
here, no problem. It's like saying the Internet it's not going to be
28:41
here in four years. Come on, people, Technology is going to go
28:44
forward, whether you like it or not. Yes, the fax machine still
28:47
exists, but the Internet has taken over. Bitcoin Maxis will move to CASPA.
28:52
Okay, yeah no I don't think so. So best casino running right
28:59
now, better than opening stores. You guys are having fun today, I
29:03
see in the comments very much. Yeah, they so can't even keep the
29:04
network up. Yes, garbage factory, Yes, Soul is a garbage factory.
29:10
There's a clip waiting to happen on Twitter and x for sure, you
29:14
love surveys. Yes, we're going to reband. We should do that.
29:15
Paul Baron, Yeah, I like that one. I like that. Which.
29:19
By the way, if you guys see any tokens out there with my
29:22
name, we didn't do it. We're not doing them. We do not
29:26
do tokens. So just be aware that's it's most likely some scammers that are
29:30
out there doing things. There's a lot of people that are, you know,
29:33
kind of suffering those kind of things. Right now. Biden is going
29:36
to lose the election because of Gary. I wouldn't say that. I think
29:38
you know, he's gonna lose it for a lot of other reasons. Borders.
29:41
I mean, you could look at the economy, is his geopolitical policies.
29:48
I mean, there's many things that he could lose it for. Vic
29:52
says Solana barely up in seven months. Soul was one hundred and twenty five
29:55
Christmas Eve. We'll go back to Solana in twenty twenty three January when we
30:02
told you to buy it. Then come back to me with that number and
30:04
tell me how it went. Taxes for mount Gox would be huge if they
30:08
sell bitcoin. Guys, come on, everybody's gonna take profits. You have
30:11
to take profits. I mean there are people like that, especially people going
30:15
into wealth getting back a bitcoin that came in under one hundred bucks, under
30:18
five hundred bucks. You think they're not going to take profits? These could
30:22
be life changing moves for some of these people. So you can't. You
30:25
can't blame them for that. You can't. You know, Gosh, you're
30:27
gonna get big bags a bitcoin. Uh, and then they're gonna put it
30:30
in breat I Brett, I don't think. So what else do we have?
30:34
Pomp is a bitcoin MAXI? What is he really? I had no
30:38
idea pomp Leiano was a bitcoin MAXI? Is that true? Guys? Pop?
30:44
Is Pomp a bitcoin MAXI? Okay, maybe it is all right.
30:48
Trump talking about crypto makes crypto look even more cringey. What is it with
30:52
you, guys? What is it? Why can you not take a gift?
30:55
Horse? Just take all political you know, political actions, take all
31:00
politicians talking about crypto. That's a good thing they're talking about. It's like
31:03
saying you didn't talk about the Internet, you know, in nineteen ninety nine,
31:07
in two thousand as a political advocate, if you were, I mean
31:11
you look at That's how Obama got in, he understood technology and what it
31:15
was going to mean. Truck and all day says plan for a dip Montcox
31:18
sellers most likely. I think, yes, you're right, XRP the underdog
31:22
ETH all the way up to twenty five k. That is a big,
31:26
big number for ETH. I don't even I don't know about that. I'm
31:30
not sure about that one. What happens on Monday and Tuesday on No Visitor
31:34
and Paul, Well, here's what happened. We went out to some pretty
31:38
big companies. We work with them. They told us a lot of big
31:41
secrets that I can't tell you, But what it can tell you is things
31:45
in crypto are about to change. So stay tuned right here on this channel,
31:49
and eventually you get a chance to see some of these things. Because
31:52
this is happening right now and we're going to see I think a lot of
31:56
technology starts to shift into blockchain very soon. So keep your eyes peeled.
32:00
If you're not subscribed to the channel, make sure and do that. Also,
32:02
if you're not in the Diamond Circle that's our own premium club. We
32:07
have some big news coming on that we're doing air drops right now through the
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summer. Make sure and register for that if you want to get involved.
32:14
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32:19
participate because we are dropping some tokens, so check that out. And we
32:22
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out there and do that. It's just appale baron. I'll catch you next
32:36
time right here on Techpath