Latest / The Paul Barron Crypto Show / White House Chooses Blockchain WINNERS👀🔥$ETH $LINK $BTC

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White House Chooses Blockchain WINNERS👀🔥$ETH $LINK $BTC · The Paul Barron Crypto Show

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Speaker 1: Blockchain and the government. Today, we'll be breaking down some
0:02
Speaker 1: White House winners that are all revealed today. It's going
0:05
Speaker 1: to be a good woman. Name is Paul Bartt. We'll
0:07
Speaker 1: come back into the show. Let's get started. I want
0:10
Speaker 1: to kind of introduce something to you guys, and we've
0:12
Speaker 1: kind of been talking about this a little bit, and
0:14
Speaker 1: that is the launch of the Paul Baron Network website.
0:18
Speaker 1: This is a brand new site that we've completely refactored
0:21
Speaker 1: in all of our programs and of course the biggest
0:24
Speaker 1: one that you guys can be a part of is
0:26
Speaker 1: the Diamond Circle. All you have to do is just
0:28
Speaker 1: go over to paulbarnetwork dot com, click the link down
0:30
Speaker 1: below you'll hit and land on.
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Speaker 2: This page right here.
0:34
Speaker 1: This is where you guys can get all the edge
0:36
Speaker 1: on what we're doing, including our Market Edge newsletter. That's
0:39
Speaker 1: one of the big ones. We do, curated intelligence men
0:42
Speaker 1: kind of the best videos and podcasts that we put out.
0:45
Speaker 2: All that is sent to you guys, so you can keep.
0:47
Speaker 1: Up with what's going on in this bull run and guys,
0:50
Speaker 1: trust me, there is going to be a lot happening
0:53
Speaker 1: very very quickly. Let's get into this first story, right
0:56
Speaker 1: here if you missed eth.
0:57
Speaker 2: At around fourteen hundred.
0:58
Speaker 1: Everybody's kind of a little bit sour on that issue
1:00
Speaker 1: because eight, of course is now running up to around
1:02
Speaker 1: five k.
1:04
Speaker 2: Solana might be the next big bet.
1:05
Speaker 3: Now.
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Speaker 1: I know you're probably saying away, Paul, Solana is over
1:08
Speaker 1: two hundred bucks.
1:09
Speaker 2: Right now, why would we go there.
1:10
Speaker 1: Well, there's a lot of things happening within the Salana ecosystem,
1:13
Speaker 1: and we're going to break that down for you. But
1:16
Speaker 1: one of the biggest things that is happening right now
1:18
Speaker 1: is on Capitol Hill, and that is the US Commerce
1:21
Speaker 1: Department begins it's distributing of GDP data on open source blockchains,
1:25
Speaker 1: including Bitcoin E Salana, initially targeting nine blockchains on the
1:30
Speaker 1: Bloomberg Report. These blockchains right now consist of and this
1:35
Speaker 1: is primarily for publishing data out there, So it's not
1:39
Speaker 1: for payments and all that, because everybody's going to ask
1:41
Speaker 1: about XRP, but this is all about publishing data e Bitcoin, Salona, Tron, Stellar, Avalanche, Arbitrum, Polygon,
1:49
Speaker 1: and Optimism all being able to identify coming in. And
1:52
Speaker 1: then of course they also used data through chain link
1:55
Speaker 1: and PITH and that's an important thing because I'll get
1:59
Speaker 1: into some d detail on why that's a good thing.
2:02
Speaker 1: The reason that I think this is positive is it's
2:04
Speaker 1: really more of an awareness thing because remember this technology
2:08
Speaker 1: is still very new. If you talk to blockchain to
2:11
Speaker 1: most people, it's like you're talking about the Internet in
2:13
Speaker 1: nineteen ninety nine.
2:14
Speaker 2: Most people were.
2:15
Speaker 1: Not really using it yet just yet, and not really
2:18
Speaker 1: understanding what it was going to be able to do.
2:20
Speaker 1: This is a thing that will transition the technology going forward.
2:23
Speaker 1: US Department of Commerce partners now with chain Link to
2:26
Speaker 1: bring government macroeconomic data on chain. This is another big
2:29
Speaker 1: deal because remember that Trueflation is built by the team
2:33
Speaker 1: behind chain Link, and when you think about the current
2:38
Speaker 1: trueflation data and what Trueflation has been reporting for quite
2:42
Speaker 1: some time, it appears that the data economic data has
2:47
Speaker 1: been accurate coming out of that area of analysis versus
2:52
Speaker 1: what we've been seeing just with the traditional method, which
2:55
Speaker 1: has been a very old method of how the FED
2:57
Speaker 1: collects data on inflation. And this was just showing the
3:01
Speaker 1: chain link process of the US Department of Commerce, chain
3:04
Speaker 1: Link and pretty much any blockchain out there, so we'll
3:06
Speaker 1: be able to really interface with everyone. And then if
3:09
Speaker 1: you look at trueflation, remember we're at only two percent
3:12
Speaker 1: right now on trueflation. So in reality, Chair Powell has
3:17
Speaker 1: already achieved his moderate inflation number if he was using
3:22
Speaker 1: accurate data, of which he is not. This is the
3:25
Speaker 1: thing I argue about jobs. It's the thing I argue
3:27
Speaker 1: about the inflation data that's being used. Maybe all that
3:31
Speaker 1: will change with the blockchain becoming much more transparent. On that,
3:35
Speaker 1: another note that I want to get to was in Vidia,
3:37
Speaker 1: because this is a very important stock. Let me kind
3:39
Speaker 1: of zoom in on that their Q two earnings were
3:42
Speaker 1: pretty hot in comparison. What was interesting to me is
3:46
Speaker 1: that the expectations is very high, and I always wondered,
3:50
Speaker 1: why are the expectations so high on in Nvidia even
3:54
Speaker 1: though they're outperforming every quarter And you can kind of
3:57
Speaker 1: see it their revenues right there, that income fifty nine
4:00
Speaker 1: percent year over year, seventy two percent gross margins, that's
4:03
Speaker 1: a plus twenty quarter over quarter, sixty billion in buybacks,
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Speaker 1: fifty four billion in revenue guide guidance on Q three,
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Speaker 1: all of this very positive, and then I realize, oh,
4:15
Speaker 1: if geopolitical issues subside, in Vidia could actually ship another
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Speaker 1: two billion to five billion H twenty chips to China
4:23
Speaker 1: next quarter. That is insane, and that would put in
4:27
Speaker 1: Vidia at a five trillion dollar company. This is the
4:31
Speaker 1: kind of growth that will most likely propel the stock
4:35
Speaker 1: market to continue its growth going forward. And of course,
4:39
Speaker 1: with AI all playing into that, you've got to think
4:41
Speaker 1: about how AI and blockchain technology is starting to culminate
4:46
Speaker 1: into one big initiative.
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Speaker 2: One of course, is around Google.
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Speaker 1: Google Cloud just launched its own blockchain and it could
4:53
Speaker 1: reshape global payments. Now, I know that's a big statement.
4:57
Speaker 1: I want to remind everyone, those of you who are
5:01
Speaker 1: maybe haven't been in the game that long in terms
5:03
Speaker 1: of technology, this is the list of items that Google
5:07
Speaker 1: has failed at.
5:08
Speaker 2: And i'll kind of zoom in on this.
5:10
Speaker 1: Remember Google Reader that was the RSS feed everybody used
5:13
Speaker 1: to love that.
5:13
Speaker 2: It's gone.
5:14
Speaker 1: Google Plus that was a social network it was trying
5:17
Speaker 1: to rival Facebook. Google Talk that's gone, Google Hangouts is gone,
5:21
Speaker 1: Wave gone health gone glass gone. Do you guys remember
5:24
Speaker 1: the glass that's kind of like the meta glasses now,
5:27
Speaker 1: but it was like this goofy looking glass that would
5:29
Speaker 1: record everything. Yeah, all of those were gone and then
5:32
Speaker 1: they discontinued products. And this was as early as back
5:35
Speaker 1: in twenty three and twenty four. Did you even know
5:38
Speaker 1: that Google had a VPN. That's because nobody's using it.
5:41
Speaker 1: I don't know if they don't trust them what the
5:43
Speaker 1: deal is. But the point being is that if blockchain
5:47
Speaker 1: goes this way, that could be another failed product. So
5:50
Speaker 1: I'm not really totally positive on it yet. Until I
5:53
Speaker 1: see something come out on it, change my mind, Google,
5:56
Speaker 1: and I'll be happy to look at it. I also
5:58
Speaker 1: want to thank our sponsor today and that is Coinbase.
6:01
Speaker 1: You guys can go over and get into crypto for
6:03
Speaker 1: the very first time. And I know there's a lot
6:04
Speaker 1: of you right now that are entering crypto. You're watching
6:07
Speaker 1: the stock market, you're trying to figure out you're listening
6:10
Speaker 1: to all these analysts talk about we missed bitcoin, we
6:12
Speaker 1: should have just bought bitcoin. Well, you can do that
6:15
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6:17
Speaker 1: you do it is sign up for an account using
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Speaker 1: our link. It's going to give you up to two
6:21
Speaker 1: hundred bucks in crypto just to get started to make
6:25
Speaker 1: your first trade.
6:25
Speaker 2: So check it out.
6:26
Speaker 1: You guys deserve it. Let's get into another clip here.
6:30
Speaker 1: I want to lead off with this one because this
6:32
Speaker 1: is where it gets interesting. On disconnecting fundamentals and sentiment
6:38
Speaker 1: in the market.
6:39
Speaker 2: Take a look one of there.
6:41
Speaker 3: You know, never forget stock price. Don't care about what's
6:44
Speaker 3: happened in the past. They only care about the future.
6:47
Speaker 3: And I think, and certainly the AI sentiment and the
6:52
Speaker 3: very large companies in the SMP that are very much
6:57
Speaker 3: focused on this, that's where the best earnings are visions
7:00
Speaker 3: are coming. So I think the stock market is acting
7:04
Speaker 3: very rational here in terms of rewarding the best fundamentals,
7:09
Speaker 3: and the best fundamentals seem to be in these very
7:12
Speaker 3: very large companies. And so I am surprised that sentiment
7:19
Speaker 3: is not higher than it is currently because corporate earnings
7:23
Speaker 3: have come in very strong this year, and estimates should
7:28
Speaker 3: be being raised across the board and for the S
7:31
Speaker 3: and P, and yet you know, they haven't. That suggests
7:35
Speaker 3: to me that there's a dislocation between sentiment and fundamentals.
7:41
Speaker 3: It's very surprising to me that there's more bears than bulls.
7:45
Speaker 3: We're at two and a half years, We've had twenty
7:47
Speaker 3: twenty three, twenty twenty four, now a good year again,
7:51
Speaker 3: Why aren't people more optimistic? They should be.
7:53
Speaker 2: That's the norm, all right, and that is the norm.
7:57
Speaker 2: It is people should be optimistic and it is a
8:00
Speaker 2: curious situation.
8:01
Speaker 1: Right now where we've seen so much money setting on
8:04
Speaker 1: the sidelines that hasn't really activated, and we've also seen
8:08
Speaker 1: very early movement. But I want you guys to remember
8:11
Speaker 1: there are a lot of strategic plays that are going
8:13
Speaker 1: along in the market right now. One of which that
8:18
Speaker 1: is interesting is this institutional move that has been done
8:21
Speaker 1: by Kathy Wood. This was a tweet done by my favorite,
8:24
Speaker 1: my new favorite Twitter account, which is the Tom Lee Tracker,
8:28
Speaker 1: and they basically reported Kathy Wood and Ark invest bought
8:31
Speaker 1: three hundred thirty nine thousand shares of Tom Ley's bm
8:33
Speaker 1: and R. Bm and R is an ETH treasury company.
8:37
Speaker 2: Simple.
8:37
Speaker 1: But what gets into is that they're on their way
8:41
Speaker 1: to try to hold five percent of the total supply.
8:45
Speaker 2: Think about that.
8:45
Speaker 1: Right now they hold one billion in ETH. So this
8:49
Speaker 1: is a huge validation not only for Tom Lee, but
8:52
Speaker 1: I think for Kathy Wood who's jumping into this as well.
8:56
Speaker 2: And it's very very early.
8:57
Speaker 1: Tom Ley's BMR just acquired another seventy eight thousand and
9:00
Speaker 1: in eighth He's becoming the new Michael Sailor in terms
9:03
Speaker 1: of buying when even the the token itself is continuing
9:08
Speaker 1: to rise and still trading well above what market has
9:12
Speaker 1: been as well. So keep an eye on this one.
9:15
Speaker 1: I think this will continue to push ETH. This will
9:17
Speaker 1: start to move some other players into the limelight, and
9:20
Speaker 1: I'll show you some of those here in a second.
9:22
Speaker 1: I want to go to a clip real quick, because
9:24
Speaker 1: this is van x Lead talking about Eth's position in
9:30
Speaker 1: Wall Street.
9:30
Speaker 2: Right now, take a look.
9:32
Speaker 1: Ether has suddenly reared its head and hit new records.
9:36
Speaker 4: It's very much what I call the Wall Street token.
9:39
Speaker 4: And what I mean by that is if you think
9:41
Speaker 4: that because of stable coins, now every bank and they
9:45
Speaker 4: are and every financial services company has to have a
9:47
Speaker 4: way of taking in stable coins. If I want to
9:50
Speaker 4: send you stable coins, your bank has to figure it
9:52
Speaker 4: out yep, or you will find some other institution to
9:55
Speaker 4: do that. So the winner is who's going to be
9:59
Speaker 4: building on these blockchains. It's going to be some etherium
10:03
Speaker 4: or something that uses Ethereum's kind of methodology, which is
10:06
Speaker 4: called EVM. And so that's why eths is because the
10:10
Speaker 4: Wall Street CTO is going to turn around saying what
10:12
Speaker 4: the hell is this stuff? When am I going to
10:14
Speaker 4: build on? And it's going to be a theory.
10:16
Speaker 1: All right, So he is hitting on the very point.
10:19
Speaker 1: What am I going to build on. It's going to
10:21
Speaker 1: be ethereum as we start to see banking and fintech
10:24
Speaker 1: start to transition in and it is early in that phase,
10:28
Speaker 1: remember most of these companies. The only thing I think
10:31
Speaker 1: that the reason it's being magnified so much right now
10:34
Speaker 1: is because crypto has a way of being able to
10:38
Speaker 1: magnify data and information and it's primarily because of crypto
10:42
Speaker 1: Twitter that helps this go like it's going right now.
10:46
Speaker 1: And when you look at the flow inflows this was August, okay,
10:51
Speaker 1: and Matt, how can put this out? Is pretty strike
10:55
Speaker 1: a pretty striking comparison here negative eight hundred million for
10:58
Speaker 1: bitcoin plus four billion for Eth. So this is a
11:02
Speaker 1: relentless bid for Eth at the moment. Now we'll see
11:06
Speaker 1: how this plays out throughout the fall. Maybe it will change,
11:10
Speaker 1: but right now, Eth it's definitely on a tear. Let
11:13
Speaker 1: me jump over to this right here, and this is
11:16
Speaker 1: talking about DJT Junior investing in Polymarket, the prediction platform,
11:22
Speaker 1: and we broke news on this earlier in the week.
11:24
Speaker 2: But the point being.
11:25
Speaker 1: Is that this starts to set up a beta play again.
11:29
Speaker 1: If you missed ethereum and you're trying to look at
11:31
Speaker 1: an alternative to that still within the eth ecosystem, well
11:34
Speaker 1: that is the potential here. This is Polygon right now,
11:38
Speaker 1: this is the daily and let me kind of zoom
11:40
Speaker 1: out here, guys, to just give you an idea of
11:42
Speaker 1: where this chart has come from. And remember this used
11:45
Speaker 1: to be the Mattic token for those of you who
11:47
Speaker 1: haven't been around crypto very long, a lot of trade
11:50
Speaker 1: activity over historical on this. But a key here is
11:53
Speaker 1: that this might be finally in a position where it's
11:55
Speaker 1: starting to break out and if it gets above that
11:57
Speaker 1: twenty seven cent range, that's where it's going to ge
12:00
Speaker 1: interesting for Polygon. And the reason that all this is
12:03
Speaker 1: happening is this right here, most bullish chart and crypto
12:06
Speaker 1: right now, polymarkets TVL. This will be orders of magnitude
12:11
Speaker 1: higher next year. So this is up only if this
12:13
Speaker 1: thing goes into a token or an ipo.
12:16
Speaker 2: All this is very.
12:18
Speaker 1: Good for Polygon, the token going forward, especially as people
12:22
Speaker 1: start to understand it, and then the US Department of
12:25
Speaker 1: Commerce they're posting real GDP data on Polygon also, that's
12:28
Speaker 1: just another benefit to it. Okay, So let's jump over
12:31
Speaker 1: to Solona now, because this is a new case study
12:33
Speaker 1: that just dropped for teams scaling tokenized financial products. You
12:37
Speaker 1: got sixty plus tokenized US stocks. That's an advantage. Solona
12:41
Speaker 1: is first there. You also have kind of this whole
12:44
Speaker 1: idea around twenty four to seven trading near instant settlement.
12:47
Speaker 1: This is going to be a big deal on what
12:49
Speaker 1: this is going to look like. X Stocks, of course
12:51
Speaker 1: is the big one right now. They did two billion
12:53
Speaker 1: in volume in six weeks. Guys two billion in volume
12:55
Speaker 1: in six weeks, and this is like not even.
12:59
Speaker 2: The tip of the iceberg.
13:00
Speaker 1: The iceberg hasn't even been formed yet, that's how big
13:03
Speaker 1: it is. And if you look further into this token
13:06
Speaker 1: is stocks on Solona near ninety million in trading in
13:08
Speaker 1: the first month. This was July, and this is insane
13:13
Speaker 1: when we see the potential here for what this is
13:16
Speaker 1: going to look like. And Wall Street does not want
13:18
Speaker 1: to be left behind here, so you can imagine what
13:20
Speaker 1: this is going to look like, especially if they start
13:23
Speaker 1: to embrace it going forward. Let's not forget Jupiter dropped
13:27
Speaker 1: another big bomb, and that is Jupiter lend is now
13:31
Speaker 1: available or will be available, and this is going to
13:33
Speaker 1: be huge because it's going to open up the lending markup,
13:35
Speaker 1: which has been a factor in Solana that I think
13:38
Speaker 1: has been a little bit behind the scenes. This is
13:41
Speaker 1: a good thing in general because it's going to open
13:43
Speaker 1: up the ability for you not to tell your solana,
13:45
Speaker 1: being able to go out and take a loan on it,
13:47
Speaker 1: do other things with it, whatever it might be.
13:49
Speaker 2: Always, just like.
13:50
Speaker 1: Any asset or any loan, don't over collater or undercollateralize.
13:54
Speaker 1: That's a thing you should always do. It's kind of
13:56
Speaker 1: like when you go out and buy a car, don't
13:57
Speaker 1: get upside down, as they say in the car basins,
14:00
Speaker 1: don't get upside down on these.
14:01
Speaker 2: In other words, loan more than the vehicle or the
14:04
Speaker 2: asset is worth.
14:05
Speaker 1: Now, if you look at Matt Hogan, he also kind
14:07
Speaker 1: of was dunking on the banks right here, and what
14:10
Speaker 1: he's talking about is just the simplicity issue of banks
14:14
Speaker 1: not paying any kind of yields, and this I think.
14:17
Speaker 2: Has to change. Guys.
14:18
Speaker 1: This is going to change for them to keep up.
14:21
Speaker 1: And the way it's going to happen is through stable
14:23
Speaker 1: coins and also just in general, how yields are going
14:26
Speaker 1: to be being paid and as we get out of
14:29
Speaker 1: this crypto bull run, there's going to be times where
14:33
Speaker 1: you're going to be taking profits. I'm going to make
14:35
Speaker 1: you take profits, and the reason that you're going to
14:39
Speaker 1: do that is because you can also earn just by
14:42
Speaker 1: holding a core asset like USDC or another stable coin,
14:46
Speaker 1: then re ingest that into vaults, make sure it's diversified
14:51
Speaker 1: in a variety of vaults, and be able to earn
14:53
Speaker 1: a lot more than just the core three to five
14:56
Speaker 1: percent interest that we're earning right now on money markets.
14:58
Speaker 1: And that is what is going to to be happening
15:01
Speaker 1: with a company like Veda. This is not a sponsor,
15:04
Speaker 1: but this is a company that's out there that's talking
15:06
Speaker 1: about a DeFi engine for fintech. If this starts to
15:10
Speaker 1: get in to the cool kids camp, which is all
15:14
Speaker 1: the fintech companies as well as the emerging banks and
15:19
Speaker 1: neobanks that I think are going to be hitting the
15:21
Speaker 1: market any time now, this is where you're going to
15:23
Speaker 1: start to see a lot of these yields start to
15:25
Speaker 1: pay out. And if you look at what they're doing,
15:27
Speaker 1: four point four billion locked up here user about one
15:29
Speaker 1: hundred thousand and seventy five million in yield generated.
15:33
Speaker 2: And the way they're doing.
15:34
Speaker 1: It is through all sorts of things around different protocols,
15:39
Speaker 1: what they're going to do with vaults, how they're going
15:41
Speaker 1: to do savings accounts. The point is they're going to
15:43
Speaker 1: be paying yield in a lot more financial assets than
15:45
Speaker 1: what you've been seeing in the old financial business. Guys,
15:49
Speaker 1: welcome to the next generation. That's what we're dealing with
15:52
Speaker 1: right now. I want to go to their CEO because
15:54
Speaker 1: he has some very interesting things to say about this.
15:57
Speaker 2: Take a look.
15:58
Speaker 5: Say, vaults are very similar to things like asset management
16:01
Speaker 5: and funds in the real world. You know, the kind
16:05
Speaker 5: of in between of if you took the idea of
16:07
Speaker 5: a vault but put it in an opaque, centralized offering,
16:11
Speaker 5: you'd get something similar to like a Block five or
16:13
Speaker 5: like a Celsius. Right, and that product experience was super successful. Right.
16:17
Speaker 5: People have crypto assets and they want to earn yield
16:19
Speaker 5: on it. It's why those companies were really successful until
16:22
Speaker 5: they weren't. And the reason they weren't is because all
16:26
Speaker 5: of the leverage was hidden, right, Like, users had no
16:28
Speaker 5: idea the levels of misbehaving and misappropriating the funds that
16:33
Speaker 5: were going on. So what a vault fundamentally is is
16:36
Speaker 5: you take that vehicle that's pooling capital, but you put
16:39
Speaker 5: everything on chain, right, so users can see exactly what
16:42
Speaker 5: the leverage is, what's happening to their assets. They know
16:45
Speaker 5: the rules right, so they know if they wan't earning
16:47
Speaker 5: yield on EAT or something. The vault can't just yolo
16:50
Speaker 5: into some meme coin and it physically shouldn't be able
16:53
Speaker 5: to do that. The accounting is all on chain. So yeah,
16:56
Speaker 5: I definitely agree. I think to some extent, what we're
16:57
Speaker 5: doing is taking asset management or managed capital just as
17:02
Speaker 5: a category, bringing that on chain and expanding it making
17:05
Speaker 5: it accessible to anyone.
17:07
Speaker 1: All right, So the key words that he was talking
17:11
Speaker 1: about there is transparency, because that was he's talking about
17:14
Speaker 1: a couple of companies that did not do well in
17:17
Speaker 1: the last run and they are circumventing that. The idea
17:21
Speaker 1: is to get more transparent, well, be completely transparent on
17:24
Speaker 1: how your assets are being held and exercise to be
17:27
Speaker 1: able to gain these yields for you. The demand was
17:29
Speaker 1: there in the past bull run and it was very clear,
17:33
Speaker 1: but the problem was they were just bad actors. The
17:35
Speaker 1: concept was solid, and I think that's what they've changed
17:38
Speaker 1: in the model here many companies like Vega, so it's
17:41
Speaker 1: not just them. But I want to go to his
17:43
Speaker 1: second clip here that kind of goes a little bit
17:45
Speaker 1: more into how the yield problem can be attacked.
17:49
Speaker 5: Take a look sometimes like the obfuscation is a feature, right, Like,
17:53
Speaker 5: what do you think about this dynamic? Oh, that's a fact, right?
17:56
Speaker 5: And you always have these vested interests that will try
17:58
Speaker 5: to stop progress. I think to some extent, the Genius
18:01
Speaker 5: Bill as a result of this, Right, Like, the concept
18:03
Speaker 5: of you can't pay yield on a stable coin is
18:06
Speaker 5: just absurd, Like there's no fund There shouldn't be any
18:08
Speaker 5: fundamental reason for that, except that now you get parity
18:11
Speaker 5: with the legacy banking systems. Smart contract risk is just
18:15
Speaker 5: very difficult to assess, right, Like, even in spite of
18:19
Speaker 5: JP Morgan's credibility, I wouldn't use their first attempt at
18:23
Speaker 5: a defied protocol, right Like, increasingly the robin hoods, the
18:26
Speaker 5: coinbases of the world, they're the ones who are providing
18:29
Speaker 5: financial rails and financial solutions to users, and they're leading
18:34
Speaker 5: a pack. Right, So either they're going to eat the
18:35
Speaker 5: lunch of the traditional institutions or the traditional institutions will
18:39
Speaker 5: have to step up and start offering these kind of experiences.
18:43
Speaker 1: Okay, So he makes a very good statement here, and
18:45
Speaker 1: the point is that this is happening in all sorts
18:49
Speaker 1: of technology. It's happening in media, you know, the legacy
18:53
Speaker 1: media not able to keep up with what's happening in
18:55
Speaker 1: new media. It's happening now in AI.
18:58
Speaker 2: A lot of the emerging.
18:59
Speaker 1: Companies now even AI challenging search. And it's going to
19:02
Speaker 1: happen in the finance products as well. And I believe
19:05
Speaker 1: that he is dead on there, and that is the
19:08
Speaker 1: next generation of finance companies are going to be the
19:10
Speaker 1: new ones that come out because they are happening at
19:14
Speaker 1: a time that is very unique. One last thing I
19:16
Speaker 1: want to get at before we leave here is when
19:19
Speaker 1: you look at where your dollars should be going. And
19:22
Speaker 1: I've always said I still believe digital asset is the
19:25
Speaker 1: only way to go forward.
19:27
Speaker 2: It is the way.
19:28
Speaker 1: The inflation adjusted all time high for eth in twenty
19:31
Speaker 1: twenty five right now is fifty eight hundred dollars, which
19:33
Speaker 1: would be an all time high. That means that ethereum
19:37
Speaker 1: has not made a new all time high yet. So
19:40
Speaker 1: if you look at the calculator that was done here
19:42
Speaker 1: just between twenty one and twenty five, nineteen percent basically
19:46
Speaker 1: nineteen percent cumulative inflation since then over that.
19:49
Speaker 2: Period of time.
19:50
Speaker 1: If you had put that those same dollars into ETH,
19:53
Speaker 1: you are ahead of inflation right now. That's the difference
19:57
Speaker 1: right now on digital assets. And I think this is
19:59
Speaker 1: the market that we're entering into, is that if you're
20:02
Speaker 1: not in digital assets on this go round, what have
20:06
Speaker 1: you guys been doing? You know, let's get it clear.
20:10
Speaker 1: This is the future. And I hope you're paying attention
20:12
Speaker 1: out there. If you're not well, join the diamond circle.
20:15
Speaker 1: It's the way you'll learn to pay attention and get
20:17
Speaker 1: in on what's happening in this next evolution of finance.
20:21
Speaker 1: Tech and many more things are going to be going
20:24
Speaker 1: on to help you guys.
20:25
Speaker 2: If you are not.
20:26
Speaker 1: Following me on acts, make sure and do that. It's
20:28
Speaker 1: just at Paul Baron. We'll catch you next time right
20:30
Speaker 1: here on The Paul Baron Show.