Latest / The Paul Barron Crypto Show / Crypto Catalyst WishlistšCritical 2026 Events Crypto Is Waiting For
Transcript
- 0:00Speaker 1: Let's get into catalysts today. They're going to drive the market.
- 0:02Speaker 1: We did a video before. You're going to love this one,
- 0:04Speaker 1: so stick around. Let's just jump right in. I do
- 0:06Speaker 1: want to thank our sponsor today and that is I
- 0:08Speaker 1: Trust Capital. This is one of the tax benefits that
- 0:12Speaker 1: you can go out there and achieve right now, even
- 0:14Speaker 1: before the end of the year, and also even into
- 0:17Speaker 1: the first and next year, and that is starting to
- 0:18Speaker 1: compile or build your own CRYPTOIRA works very similar to
- 0:22Speaker 1: regular IRA, so you have a lot of same tax benefits.
- 0:25Speaker 1: Also opportunities out there. Get into tax loss harvesting. If
- 0:29Speaker 1: you have made gains on other investments and you've had
- 0:33Speaker 1: some losses and other things, you can go out there
- 0:35Speaker 1: and get a one for one tax loss harvest before
- 0:38Speaker 1: the end of the year, even up to around three
- 0:41Speaker 1: K if you have not made any capital gains. So
- 0:43Speaker 1: there's some things I always consult with your tax advisor,
- 0:46Speaker 1: get the right person to work with you in doing
- 0:49Speaker 1: any of these things. But use our link down below
- 0:51Speaker 1: to get started. All right, let's go over to a
- 0:53Speaker 1: couple of points I want to hit on. We did
- 0:55Speaker 1: this video several weeks back month ago, and it was
- 0:59Speaker 1: our bullmarket at video, and we had about I think
- 1:02Speaker 1: a dozen things or so that most likely you probably
- 1:06Speaker 1: have heard of. Now we're going to compile this for
- 1:09Speaker 1: you in a way that has some similarities to the
- 1:12Speaker 1: last video but gets into some of the nuances for
- 1:14Speaker 1: twenty twenty six that I think are going to be
- 1:17Speaker 1: critical to be able to get an upmarket going forward.
- 1:20Speaker 1: One of those is what we're going to see with
- 1:22Speaker 1: the government shutdown, because we remember, we just had the
- 1:24Speaker 1: longest shutdown ever. All right, we all know that, but
- 1:27Speaker 1: there's another one looming right now. And a couple of
- 1:30Speaker 1: points I wanted to highlight here in this article that
- 1:32Speaker 1: are important is that Congress this year avoided a legislative
- 1:37Speaker 1: showdown during the holiday season by extending this through January thirtieth,
- 1:41Speaker 1: simply meaning the fact that they both agreed to extend
- 1:44Speaker 1: it maybe gives us some insight that there is some
- 1:48Speaker 1: sort of agreement they're not going to do this. But
- 1:50Speaker 1: also Congress hasn't met that deadline in three decades, so
- 1:53Speaker 1: that is another thing that's looming that hopefully they're thinking
- 1:58Speaker 1: this last shutdown did a lot of damage. Maybe this
- 2:01Speaker 1: is the one to avoid if we can do it,
- 2:03Speaker 1: and I think the fact that they've given themselves some
- 2:05Speaker 1: time to come back after Christmas and New Year's to
- 2:08Speaker 1: get it done is good. If you look at the
- 2:10Speaker 1: polymarket on this, I'll zoom in on that it has
- 2:12Speaker 1: been falling off really since about a week or so
- 2:15Speaker 1: ago at thirty one percent, which was a good probability,
- 2:19Speaker 1: down from almost thirty six percent, but now hovering right
- 2:24Speaker 1: there at twenty eight percent. So it still seems as
- 2:28Speaker 1: though we're in good shape for no shutdown, But this
- 2:31Speaker 1: could spend on a dime if we end up having
- 2:35Speaker 1: the Dems in the Republicans start to fight about healthcare,
- 2:37Speaker 1: which I think is going to be the one to
- 2:39Speaker 1: pay attention to because healthcare is one of the catalysts
- 2:43Speaker 1: I think that affects most Americans. It also is one
- 2:46Speaker 1: of the things that will get in the way of
- 2:49Speaker 1: getting a Clarity Act. Healthcare and some of these other
- 2:52Speaker 1: bills that are going through DC in January could slow
- 2:54Speaker 1: us down. So we need to get this one done.
- 2:56Speaker 1: Take a look at this clip.
- 2:58Speaker 2: Is it the government reopened tonight?
- 3:00Speaker 3: Would Republicans have a plan to address the Obamacare subjeces?
- 3:05Speaker 2: Yes, yes, yes, have a point.
- 3:07Speaker 3: We've been working on it since day one of this Congress.
- 3:10Speaker 2: Republicans are advancing real reforms and healthcare unlike Democrats.
- 3:15Speaker 4: The chairwoman of the Rules can be knows I have
- 3:17Speaker 4: great affection for her. Let me just go through a
- 3:20Speaker 4: list of things here. In February of twenty sixteen, we're
- 3:24Speaker 4: going to replace Obamacare with something so much better. Nothing
- 3:27Speaker 4: followed twenty seventeen, never did twenty eighteen. Wait till you
- 3:31Speaker 4: see the plans that we have coming out literally over
- 3:33Speaker 4: the next four weeks. Nothing happened June sixteenth, twenty nineteen.
- 3:37Speaker 4: We'll be announcing it in about two months, maybe less.
- 3:40Speaker 4: Nothing happened. We're signing in a healthcare plan within two weeks.
- 3:43Speaker 4: If nothing happened July twenty twenty, it might be it
- 3:47Speaker 4: might be Sunday. Nothing happened August third, twenty twenty. It's
- 3:51Speaker 4: just about completed. Nothing twenty twenty four. Concepts of a plan.
- 3:56Speaker 4: Nothing happened in May of twenty twenty five. People are
- 4:01Speaker 4: sick and tired of the empty rhetoric. Donald Trump has
- 4:05Speaker 4: been president or running for president for like a decade.
- 4:10Speaker 1: So you can see people are getting fed up with
- 4:12Speaker 1: this rightly. So this is one of the big concerns
- 4:15Speaker 1: of the American population. The key is that we've got
- 4:18Speaker 1: to get something underway, and it's going to need to
- 4:21Speaker 1: be somewhat bipartisan to make this work. Why is this
- 4:24Speaker 1: important because it does affect economy, and I think the economy,
- 4:27Speaker 1: of course has a lot of influence on how investors
- 4:31Speaker 1: have a perception of sentiment, but also what they're going
- 4:33Speaker 1: to do in terms of investing in its own right.
- 4:36Speaker 1: When you look at the economic growth, this is the
- 4:39Speaker 1: good sign. If we've got good news coming, this is it.
- 4:42Speaker 1: And that is of course, we've started to see a
- 4:44Speaker 1: little bit of domestic product growth. And when you look
- 4:46Speaker 1: at GDP starting to climb, I think we're expecting a
- 4:49Speaker 1: three point three and it came into four point three,
- 4:51Speaker 1: so very hot for the third quarter, and again we'll
- 4:54Speaker 1: still get that number end of this year. I think
- 4:57Speaker 1: a few weeks into January. That'll be the tell. I
- 4:59Speaker 1: think that will give us an indicator if we are
- 5:02Speaker 1: actually on an acceleration out of this current economy. Right now,
- 5:07Speaker 1: if you look at the consumer confidence, which is the
- 5:09Speaker 1: thing I talk about the most, is it actually fell
- 5:12Speaker 1: down three point eight points. This was in December, and
- 5:16Speaker 1: that was down again from last month. But the key
- 5:18Speaker 1: is is maybe this could be stabilizing here because it
- 5:22Speaker 1: has been sliding. But right here we've got a little
- 5:24Speaker 1: bit of an uptrend. You no charts, you know that
- 5:27Speaker 1: might signal a little bit of an uptrend. Right there
- 5:30Speaker 1: we saw the last up trend on this, So maybe
- 5:33Speaker 1: there is some opportunity here where the consumer confidence could spike,
- 5:36Speaker 1: And of course that usually helps with a lot of things,
- 5:39Speaker 1: including jobs, which is one of the biggest ones I
- 5:41Speaker 1: am most concerned about. The other thing you have to
- 5:44Speaker 1: look at is very surveys estimated the US consumers plan
- 5:47Speaker 1: to spend around nine hundred to eleven hundred per person
- 5:49Speaker 1: on gifts and food this holiday season. That's another positive
- 5:53Speaker 1: indicator that people have not slowed down. US inflation through
- 5:57Speaker 1: trueflation at two point two nine percent, and then if
- 6:00Speaker 1: you look at the aggregate at around twenty eight percent
- 6:02Speaker 1: since January twenty twenty. Remember, inflation is accumulative. It is
- 6:06Speaker 1: not that each year. It is accumulating over time. Your
- 6:11Speaker 1: dollar continues to be worth less as well as worthless,
- 6:15Speaker 1: So you know what to do there. The debasement trade
- 6:18Speaker 1: is the only way. Other things that you have to
- 6:20Speaker 1: kind of consider is are they going to get their due?
- 6:23Speaker 1: I just don't know if DC is ever going to
- 6:26Speaker 1: get their due. This was, of course Senator Kennedy trying
- 6:28Speaker 1: to get a bill in there to withhold senator pay
- 6:31Speaker 1: during the shutdowns. I don't even know that this would
- 6:33Speaker 1: matter because these people, they make so much money on
- 6:36Speaker 1: the other side of it that I just don't even
- 6:38Speaker 1: they wouldn't even care. I don't think the paltry pay
- 6:41Speaker 1: they get as a senator, as a congressman. Let's go
- 6:44Speaker 1: over and take a look at this right here, because
- 6:45Speaker 1: this is important, and that is the balance sheet reduction
- 6:48Speaker 1: that the Fed is doing, and that of course you
- 6:50Speaker 1: know what that is. That's QT it's over. Is QE
- 6:54Speaker 1: back in place? Because remember we had Powell saying we're
- 6:56Speaker 1: going to put in forty bill, We're going to adjust
- 6:58Speaker 1: the balance sheet. This is maintenance. But in reality, are
- 7:02Speaker 1: we actually looking at the first nice little move up
- 7:06Speaker 1: right there, just a little bit of a move up.
- 7:10Speaker 1: Is that the signal that quantitative easing is underway? And
- 7:14Speaker 1: is it stealth or silent or is it actually just
- 7:17Speaker 1: the beginning of something much bigger, which many people believe
- 7:21Speaker 1: is the case. One thing though, that I think is
- 7:24Speaker 1: going to play into This is going to be the
- 7:26Speaker 1: Supreme Court ruling on whether or not Trump's global tariffs
- 7:29Speaker 1: are illegal. Now, this is probably going to play out
- 7:32Speaker 1: to one of two ways. One is they're going to
- 7:34Speaker 1: come out illegal and he's going to keep their tariff
- 7:38Speaker 1: revenue because it's going to be very complicated to handle
- 7:41Speaker 1: these kinds of you know, refunds, I guess, or it's
- 7:45Speaker 1: going to come out and not illegal, and that of
- 7:49Speaker 1: course is going to only energize I think this administration
- 7:54Speaker 1: that much more so. This is a big one to watch.
- 7:56Speaker 1: It's I think it's a bigger issue than a lot
- 7:59Speaker 1: of people are putting on it right now. President Trump
- 8:02Speaker 1: also said, anybody disagrees with me, especially around interest rates,
- 8:06Speaker 1: well we don't care. They're never going to be the
- 8:08Speaker 1: FED chair. And this is a listen, you look at
- 8:12Speaker 1: the administration. Yes, there's been some wins, there's been a
- 8:15Speaker 1: lot of losses. To me, this is one that just
- 8:18Speaker 1: doesn't need to get out there in the sense of
- 8:20Speaker 1: trying to get the market in uproars about a non
- 8:24Speaker 1: neutral FED. And this is the concern I think a
- 8:27Speaker 1: lot of people have. No there is a lot of
- 8:28Speaker 1: analysts out there that simply say doesn't matter. It's never
- 8:31Speaker 1: been neutral. It's always been influenced by who's in the office.
- 8:34Speaker 4: I get it.
- 8:35Speaker 1: But this is getting out there a little bit more blatant,
- 8:38Speaker 1: and I think this is where President Trump needs to
- 8:40Speaker 1: maybe back it down a bit. Trump says, if inflation
- 8:44Speaker 1: will take care of us, else I mean it doesn't,
- 8:46Speaker 1: we can always raise rates. That's the first time he
- 8:49Speaker 1: has mentioned raising rates ever that I have heard. So
- 8:53Speaker 1: I don't know if he is in preparation for a
- 8:56Speaker 1: new FED and how they may massage this through the
- 8:59Speaker 1: begin next year. Remember this is orchestrated economic planning, and
- 9:05Speaker 1: it happens months and months in Remember the amount of
- 9:09Speaker 1: confirmation that it's going to take to get a new
- 9:12Speaker 1: FED chair in May will take some time. So there's
- 9:15Speaker 1: always going to be that little bit of a window
- 9:17Speaker 1: there where we don't really have a confirm confirmed FED chair.
- 9:23Speaker 1: So that in itself could get back into the issue
- 9:26Speaker 1: of this, and that is around rates and where there
- 9:28Speaker 1: will be because remember that is voted on by all
- 9:31Speaker 1: the governors. The other thing that doesn't look good right now,
- 9:34Speaker 1: as student loan barers are in default, this is where
- 9:37Speaker 1: they can see their wages garnish. This I hate because
- 9:40Speaker 1: when you have the government now going in taking your
- 9:43Speaker 1: money right out of your wages, that is a big,
- 9:46Speaker 1: big problem. Typically that's only done on irs, seizures and
- 9:49Speaker 1: things of that nature. This is a big one. I
- 9:51Speaker 1: think that may backfire on the administration in a big way.
- 9:55Speaker 1: Other things that are happening though in the market that
- 9:58Speaker 1: could be an indicator that we've got some movement is
- 10:00Speaker 1: gold spot prices right now surging about forty five hundred
- 10:04Speaker 1: first time in history. Gold is now thirty one trillion
- 10:07Speaker 1: dollar asset. This is seven times larger than in Nvidia.
- 10:11Speaker 1: And you guys know that silver surpassed Apple just the
- 10:14Speaker 1: other day as the third largest asset class. And when
- 10:16Speaker 1: you look at silver, it extended its gains to a
- 10:19Speaker 1: record seventy two bucks and outs. This is officially now
- 10:23Speaker 1: the third most valuable asset in the world. I'm telling
- 10:26Speaker 1: you we are in a phase right now where tokenization
- 10:29Speaker 1: of these kinds of assets and other things like this
- 10:33Speaker 1: are going to be a key investment catalyst going into
- 10:37Speaker 1: twenty twenty six. So anticipate that we are going to
- 10:40Speaker 1: see some more movement on this. This was a nice
- 10:43Speaker 1: statement here by Adam Kobiesi said, the fact that the
- 10:46Speaker 1: chart is the fourth largest asset in the world both
- 10:49Speaker 1: incredible and terrifying at the same time. And what he's
- 10:52Speaker 1: talking about the fact that we see these kind of
- 10:54Speaker 1: green candles most of time. You only see those in
- 10:56Speaker 1: meme stocks, right. Somebody said that this morning on CNBC
- 11:00Speaker 1: they were saying that gold has become a meme. And
- 11:02Speaker 1: you had Samson who comes on, Paul Sampson comes on
- 11:05Speaker 1: from Data Dash here at our show. Paraboloic charts are
- 11:07Speaker 1: only terrifyed when demand is Imaginary's going after the issue
- 11:10Speaker 1: of silver, which is physical, and this is all around materials.
- 11:14Speaker 1: And now maybe the window has finally been opened on
- 11:18Speaker 1: silver in terms of a shortage in supply available because
- 11:23Speaker 1: it has been kind of rounded up into these coins
- 11:26Speaker 1: and minted into all sorts of tools that you can
- 11:29Speaker 1: take physical delivery on. And finally we're at a state
- 11:32Speaker 1: where you've got all these companies and countries that are
- 11:35Speaker 1: trying to acquire silver just for manufacturing, which is the
- 11:38Speaker 1: real raw need and benefit of silver in general. So
- 11:41Speaker 1: that may end up seeing one hundred dollars silver, like
- 11:44Speaker 1: many of our analysts have said, So be on the
- 11:46Speaker 1: lookout for that one here, of course, is versaon over
- 11:49Speaker 1: at black Swan Capitalists. He simply says, the Clarity Act
- 11:52Speaker 1: will separate securities from utility. I totally agree. When that happens,
- 11:56Speaker 1: Marco will be forced to reprice overnight. Speculative is die.
- 12:00Speaker 1: Real utility gets capital. There's a handful of tokens that
- 12:04Speaker 1: will get access to that. One of those is going
- 12:06Speaker 1: to be XRPS. Still belief that's going to be kind
- 12:09Speaker 1: of treated that way as far as a true security
- 12:13Speaker 1: from utility. And I think in the sense that we
- 12:16Speaker 1: are going to see a restructure of how digital assets
- 12:19Speaker 1: are looked at once Clarity comes through. This is the
- 12:22Speaker 1: biggest thing that will happen in twenty twenty six. Let
- 12:26Speaker 1: me go over to another big thing happening around stable
- 12:30Speaker 1: coins and prediction markets.
- 12:32Speaker 5: Take a look the world of crypto. If you could
- 12:34Speaker 5: only do one thing, you'd invest in which part of it?
- 12:36Speaker 3: Yeah, So stable coins I think is here to stay.
- 12:38Speaker 3: I think it's going to grow tenfold. I think prediction
- 12:40Speaker 3: markets here to stay. I think they're going to grow tenfold.
- 12:42Speaker 3: You know, when you look at how you get exposure
- 12:43Speaker 3: of that in the public markets, it's either called it,
- 12:45Speaker 3: you know, the base layers, the ethereum is the bitcoins,
- 12:47Speaker 3: or it's circle or something.
- 12:48Speaker 5: And so the question is whether you think that there
- 12:50Speaker 5: is a sort of mass market where everybody's going to
- 12:53Speaker 5: be betting as much as the sports books or more so,
- 12:56Speaker 5: what does that What does the tam of that market
- 12:59Speaker 5: look like? Total addressable mark?
- 13:00Speaker 3: So I think it's humong us, right, So if you.
- 13:02Speaker 5: Look you among us meaning more than sports.
- 13:04Speaker 3: I think it's more than sports ups you do, right,
- 13:06Speaker 3: So if you look at poly market volume today, they've
- 13:08Speaker 3: gone from fifty million a month of in early twenty four,
- 13:11Speaker 3: they're now doing them to do probably about four billion
- 13:13Speaker 3: a volume this month, right, Only about thirty five percent
- 13:16Speaker 3: of that as sports cal shei's a little bit different.
- 13:17Speaker 3: It's more of a sports platform. So they're infrastructure for Robinhood,
- 13:20Speaker 3: but for poly market, it's about forty thirty five to
- 13:22Speaker 3: forty percent. Okay, if you talk to Jeff Sprucker over
- 13:25Speaker 3: at ICE, right, he'll tell you he believes in the
- 13:27Speaker 3: tokenization of all markets, like he believes that is the future.
- 13:31Speaker 3: And I can tell you that his perspective is that
- 13:33Speaker 3: this is going to be as big as ICE itself.
- 13:36Speaker 1: When you think of tokenized assets and also tokenization, ETH
- 13:39Speaker 1: is the pathway and if you look at this, ETH
- 13:42Speaker 1: accumulation is accelera in both on tom Ley, these are
- 13:44Speaker 1: the dats that are out there, but are the whales
- 13:46Speaker 1: out there buying? So is something big brewing? I don't know,
- 13:49Speaker 1: George is on something. There may be other things that
- 13:52Speaker 1: are happening within ETH is the Glamsterdam upgrade. What this
- 13:55Speaker 1: simply is, if you're brand new to our show and
- 13:57Speaker 1: you don't know what up an ETH upgrade is. We
- 13:59Speaker 1: just win through two major upgrades with Ethereum. Each time
- 14:03Speaker 1: we've had a pretty significant advancement in the technology and
- 14:06Speaker 1: its capability. This is the next one that is happening.
- 14:09Speaker 1: It's planned to be out in twenty twenty six, and
- 14:12Speaker 1: it seems to come across as another potential major network upgrade.
- 14:17Speaker 1: They're talking about that twenty twenty six could finalize the scope.
- 14:21Speaker 1: Key pillars are still kind of in working position right now,
- 14:26Speaker 1: but I anticipate that we're going to see a lot
- 14:28Speaker 1: of new innovations around Ethereum, probably to accommodate a lot
- 14:32Speaker 1: of what we're going to see in RWA's and token
- 14:35Speaker 1: is securities coming forward, so be on the lookout for that.
- 14:37Speaker 1: I think privatize our private chain attributes will also be
- 14:41Speaker 1: there as well. Money market fund monitor right now showing
- 14:45Speaker 1: just how much money is setting in as we continue
- 14:48Speaker 1: to drive money into parked capital. This is one of
- 14:52Speaker 1: the big areas outside of locked capital that are exposed to.
- 14:58Speaker 1: If we see lower fed fund rates, we don't have
- 15:01Speaker 1: money coming in on any kind of yield, an investor
- 15:06Speaker 1: is going to be looking for other app opportunities, other
- 15:08Speaker 1: avenues out there. So this could be one of the
- 15:10Speaker 1: signals that we start to see moving into risk assets
- 15:14Speaker 1: going into twenty twenty six. Another catalyst you got to
- 15:17Speaker 1: look at is this one right here. This is of
- 15:19Speaker 1: course tokenized gold. It's now issued on Ether, which we've
- 15:23Speaker 1: had for some time. While gold has hit its all
- 15:25Speaker 1: time high. And remember, as we see a lot more
- 15:28Speaker 1: of real world assets moving on chain like gold, I
- 15:31Speaker 1: think this is going to come with a lot of
- 15:32Speaker 1: major assets in the market that's going to create a
- 15:35Speaker 1: lot of digital liquidity, and gold is just the beginning.
- 15:38Speaker 1: It's a thirty trillion dollars asset. Now I don't know
- 15:41Speaker 1: that bitcoin kid catch it at the current rate that
- 15:44Speaker 1: it is growing, right now, and all of that is
- 15:47Speaker 1: still pointing to one of the biggest narratives for twenty
- 15:50Speaker 1: twenty six, which will be tokenized treasury securities and of
- 15:53Speaker 1: course real world assets like this tokenized commodities. Right there,
- 15:56Speaker 1: you can kind of see the explosion. And I think, guys,
- 16:00Speaker 1: this is just getting started. If this takes off the
- 16:03Speaker 1: catalysts going into because we're only talking about three billion
- 16:07Speaker 1: right now in total market cap, the potential here is astronomical.
- 16:12Speaker 1: So be on the lookout these kinds of catalysts that
- 16:15Speaker 1: we have to watch as we go into twenty twenty six.
- 16:18Speaker 1: Of course, Clarity is going to still be the bell
- 16:21Speaker 1: weather of everything, because that is the trigger moment when
- 16:24Speaker 1: all of this starts to cascade going forward. Here, of course,
- 16:28Speaker 1: is a prediction from bitwise where they simply said cryptoequities
- 16:31Speaker 1: equities will all perform tech equities, and if you look
- 16:34Speaker 1: at the slowdown in the tech market, we've seen a
- 16:36Speaker 1: little bit of that final clips coming in from stocks
- 16:40Speaker 1: like Nvidia, Meta, Microsoft, a handful outside of maybe Robinhood,
- 16:45Speaker 1: but I wouldn't necessarily definitely call them a tech company.
- 16:47Speaker 1: They are more of you know, I would say more
- 16:49Speaker 1: in the banking sector, but the fact that we're going
- 16:51Speaker 1: to see that slowing down and that we could see
- 16:53Speaker 1: crypto equities become a bigger play. Watch out for some
- 16:56Speaker 1: IPOs coming up next up not very far. Tech stocks
- 17:00Speaker 1: will have done well one hundred and forty up on
- 17:01Speaker 1: the thirty year are the three year, but crypto equities
- 17:04Speaker 1: are going to be doing even better. And they're looking
- 17:07Speaker 1: at this Crypto Innovator's thirty index. So watch what the
- 17:10Speaker 1: guys over at bit wise you're talking about there. I
- 17:12Speaker 1: think Matt and his team are going to be looking good.
- 17:15Speaker 1: Other things that play into this is the gaming sector
- 17:18Speaker 1: and GTA six, of course postponed again likelihood right now
- 17:22Speaker 1: that this is going to happen. We most likely will
- 17:25Speaker 1: see some sort of tokenization inside of GTA six, and
- 17:29Speaker 1: when that occurs, this will be a domino effect in
- 17:32Speaker 1: the industry. What I mean by that is it's simply
- 17:35Speaker 1: going n it's not Web three. I'm talking about gaming
- 17:37Speaker 1: in general. This will be a domino effect in the
- 17:39Speaker 1: industry where we'll see starts of starting a use case
- 17:43Speaker 1: a baseline of how tokenization is going to be used
- 17:46Speaker 1: in a lot of these games going forward. One other
- 17:48Speaker 1: clip I wanted to get to. Was Scaramucci and Novogratz
- 17:52Speaker 1: talking about twenty twenty six. Take a look.
- 17:55Speaker 6: If you had asked me, I would have said twenty
- 17:57Speaker 6: twenty five, he's going to be a great year for bitcoin.
- 18:01Speaker 6: The shackles are off, the regulatory environment's going to improve,
- 18:05Speaker 6: and we're going to the moon. We're gonna end a
- 18:08Speaker 6: year at one point fifty. We couldn't hear it about
- 18:10Speaker 6: eighty eight thousand as we're speaking, So I totally got
- 18:13Speaker 6: that wrong. And now this sentiment is decidedly negative.
- 18:17Speaker 2: Mic, Yeah, so what do we have going for us?
- 18:20Speaker 2: The sentiment really does stink. I think there's still more
- 18:25Speaker 2: healing to do. I'm not worried that we've seen the
- 18:28Speaker 2: all time high ind bitcoin. I just am not there.
- 18:32Speaker 2: There is a gigantic apparatus behind this, this asset, like
- 18:37Speaker 2: Wall Street's a selling machine and we've we're just getting
- 18:39Speaker 2: a lot of these big Ria platforms, you know, geared
- 18:44Speaker 2: up to sell, and so I don't think that's going away.
- 18:48Speaker 2: We also have an administration that owns a lot of bitcoin. Personally,
- 18:52Speaker 2: they're connected to it. They bet they're they're their gig
- 18:55Speaker 2: on it. There's no bear market in building crypto infrastructure,
- 18:59Speaker 2: coming trade five in for crypto, how we get momentum
- 19:05Speaker 2: back in crypto pricing has always been about narrative, and
- 19:08Speaker 2: we're gonna have to see that pick back up and
- 19:13Speaker 2: prices beget prices.
- 19:15Speaker 1: I think the you know, I like what Novigrats is
- 19:19Speaker 1: saying there, but I don't know that I agree with it.
- 19:22Speaker 1: It's always been about well, it has been always about
- 19:25Speaker 1: narrative in the past. I don't know that that's going
- 19:27Speaker 1: to be what it is in the future. Narratives matter,
- 19:31Speaker 1: But I think what he kind of alluded to was
- 19:33Speaker 1: that trad Fi's trading cycle and how they approach a
- 19:37Speaker 1: market is much different than anybody we've ever had in
- 19:40Speaker 1: crypto before, because it's always been total total and look
- 19:44Speaker 1: at the chart go up. But what we're going to
- 19:46Speaker 1: probably see in the future is a lot of swing
- 19:49Speaker 1: trade opportunities, a lot of in and outs in the market. Yes,
- 19:52Speaker 1: capital gains are going to hit you, because it's going
- 19:55Speaker 1: to be gains on shorter wins, but I think that's
- 19:58Speaker 1: more of the twenty twenty six narrative. Now, granted, Clarity
- 20:01Speaker 1: Act could change a lot of this because of the
- 20:03Speaker 1: influence that we'll see in financial instruments going forward, a
- 20:06Speaker 1: lot of new stuff that will hit the markets and
- 20:08Speaker 1: it could drive narrative going forward, and that again is
- 20:13Speaker 1: usually happens in the beginning of something big, just like AI,
- 20:16Speaker 1: just like social media, and I think crypto and blockchain
- 20:19Speaker 1: are kind of in the same boat early stage, yes,
- 20:22Speaker 1: But right here you have it. The poll is in
- 20:24Speaker 1: what's on your wish list for the biggest cryptocatasts, Clarity
- 20:27Speaker 1: Act is by far the winner there right now on
- 20:29Speaker 1: that pole, and I would agree with this one. It
- 20:32Speaker 1: is number one for sure for your cycle. Dead interesting
- 20:37Speaker 1: that it pulled out sixteen percent. That's a little bit
- 20:40Speaker 1: more intriguing there. And of course the FED, I think
- 20:43Speaker 1: that's a factor that may be a non starter because
- 20:46Speaker 1: of all the issues that we're going to be facing
- 20:49Speaker 1: with the new FED chair, with a struggling inflation. Jobs
- 20:53Speaker 1: numbers we're going to know January twenty eighth on the
- 20:56Speaker 1: next FED meeting, which we'll be airing that live. And
- 20:58Speaker 1: if you're not subscribed to the make sure and do
- 21:00Speaker 1: that right now, and make sure and hit the little bell.
- 21:03Speaker 1: It's going to give you a notification when we do
- 21:05Speaker 1: these live shows out there, So make sure and do that,
- 21:07Speaker 1: and of course you guys have a merry Christmas. Make
- 21:10Speaker 1: sure and jump into our own private member group. Hit
- 21:13Speaker 1: me on X at Paul Baron. We'll catch you next time,
- 21:15Speaker 1: right here on The Paul Baron Show.