Latest / The Paul Barron Crypto Show / Trump's America.gov The Start Of A Massive AI Crypto Program? 👀

Transcript

Trump's America.gov The Start Of A Massive AI Crypto Program? 👀 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Has Trump just launched a platform to reveal something in crypto? Well,
• 0:04
  Speaker 1: today we're going to break it down for you. Before
• 0:06
  Speaker 1: we do that, I want to thank our sponsor. That's
• 0:08
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• 0:34
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• 0:36
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• 0:39
  Speaker 1: that you should be doing to set yourself up for success.
• 0:42
  Speaker 1: I want to jump to a clip first. This is
• 0:45
  Speaker 1: Trump announcing America.gov.
• 0:49
  Speaker 2: Instead of forcing citizens to search through the endless maze
• 0:53
  Speaker 2: of tens of thousands of terrible government websites and rules,
• 0:57
  Speaker 2: and more than 10,000 forms. You have over 10,000 forms
• 1:01
  Speaker 2: to do basic acts. You'll now have one front door
• 1:06
  Speaker 2: for every single question. Everything will be answered easily and quickly.
• 1:10
  Speaker 2: A digital home built around your time and your life.
• 1:14
  Speaker 2: Simply ask for what you need, and America.gov will provide
• 1:19
  Speaker 2: answers Anyone who has used Grok or Gemini or chat
• 1:23
  Speaker 2: GPT will understand instantly how to use America.gov. Not complicated.
• 1:29
  Speaker 1: All right, so there you go. It looks like this
• 1:32
  Speaker 1: is built on Grok. If you look at the website,
• 1:35
  Speaker 1: which is America.gov, you can kind of see. Very similar
• 1:39
  Speaker 1: to any other chat bot that's out there. The key
• 1:43
  Speaker 1: is what is coming down front. He's talking about centralizing 29,000 websites.
• 1:49
  Speaker 1: I had no idea we had that many websites for
• 1:51
  Speaker 1: the U.S. government. And it starts to pull down more,
• 1:56
  Speaker 1: which is coming in 2027. You'll see passport data in here.
• 2:01
  Speaker 1: Looks like something to do with the real estate market.
• 2:04
  Speaker 1: You've got issues with even your maybe your new real I.D.,
• 2:10
  Speaker 1: Who knows what in terms of opportunities around crypto? This
• 2:14
  Speaker 1: is the thing that I think will play into most
• 2:18
  Speaker 1: likely USDC or at least stable coins in general that
• 2:22
  Speaker 1: could be part of this. So we're going to be
• 2:25
  Speaker 1: keeping a close eye on this. What I will say
• 2:27
  Speaker 1: is be careful going to this website. I don't know
• 2:30
  Speaker 1: what kind of data is being collected here. So just
• 2:33
  Speaker 1: be aware that is America. Now, let's talk about some
• 2:38
  Speaker 1: other things, because one of the things that boils around
• 2:41
  Speaker 1: this is, why now? Well, remember Joe Gebbia. This guy,
• 2:47
  Speaker 1: his name sounded very familiar, so we kind of did
• 2:50
  Speaker 1: a little bit of research on this fella. And this is,
• 2:53
  Speaker 1: first of all, he's the design officer behind all of this,
• 2:56
  Speaker 1: and he was hired by David Sachs not too long ago.
• 3:01
  Speaker 1: This is his investment's You'll notice that he's been in
• 3:05
  Speaker 1: everything from blue plant to polymarket, etc. And interesting angles
• 3:11
  Speaker 1: that he's already somewhat in the crypto market. And if
• 3:15
  Speaker 1: you look at the Wikipedia, it gets further into, remember
• 3:20
  Speaker 1: the executive order, which was the National Design Studio. This
• 3:23
  Speaker 1: was an agency that the White House deployed to essentially
• 3:26
  Speaker 1: start doing all sorts of development. And within this, there
• 3:31
  Speaker 1: was a handful of developers that were also part of this.
• 3:35
  Speaker 1: And if you follow that, then you kind of lead
• 3:38
  Speaker 1: to this cat right here, Kalen Such. And if you
• 3:43
  Speaker 1: look at it, this guy has been an AI agent.
• 3:45
  Speaker 1: He's done things. And if you follow his ex-account, very
• 3:48
  Speaker 1: crypto oriented and probably tuned in to what's going into market.
• 3:54
  Speaker 1: So it is very possible that this could be the
• 3:56
  Speaker 1: beginning of something correlated to the crypto market under America.gov.
• 4:02
  Speaker 1: So be looking at that. Other things I want to
• 4:04
  Speaker 1: hit on what's going on right now is oil versus yields.
• 4:07
  Speaker 1: This is another major impact right now on the market
• 4:11
  Speaker 1: in general. And treasury yields, this is getting out of hand.
• 4:13
  Speaker 1: We haven't seen these kind of highs ever. It feels
• 4:16
  Speaker 1: like 36 years. Most correlated right now when it comes
• 4:21
  Speaker 1: to oil and, of course, these yields going forward. So
• 4:25
  Speaker 1: really it boils down to what is going on. Is
• 4:27
  Speaker 1: there been a major shift? Is something changing right now?
• 4:31
  Speaker 1: Take a look at this clip.
• 4:33
  Speaker 3: I think that it's going to be hard to get
• 4:35
  Speaker 3: AI safety out of the news flow ahead of the midterms.
• 4:39
  Speaker 3: And now that you've got all the AI companies themselves
• 4:42
  Speaker 3: feeding it, and that also coincides with an earnings season
• 4:45
  Speaker 3: where people are going to be nervous about what people
• 4:48
  Speaker 3: change in their CapEx expenditure for extra guidance and that.
• 4:50
  Speaker 3: The big AI companies are really keeping this in the
• 4:52
  Speaker 3: news flow. The midterms will also weigh into that. What
• 4:54
  Speaker 3: is interesting is that oil prices aren't any higher than
• 4:58
  Speaker 3: they were two weeks ago when I thought there was
• 5:01
  Speaker 3: that Treasury dip that was the buying point. What's changed
• 5:03
  Speaker 3: is we got super strong PMIs and the narrative on
• 5:08
  Speaker 3: US growth has kind of really changed because of that.
• 5:11
  Speaker 3: And everyone's realizing that, hey, wait, we can't argue. The
• 5:13
  Speaker 3: Fed is behind the curve. Monetary conditions are too loose.
• 5:16
  Speaker 3: Financial conditions are too loose. And therefore, we've got more
• 5:19
  Speaker 3: hikes coming in. Otherwise, it's just a short-term market stomach.
• 5:21
  Speaker 3: This is about funds stopping out. This is about a
• 5:24
  Speaker 3: doom loop in spiral. It can't continue forever. But having
• 5:27
  Speaker 3: called it wrong two weeks ago, I'm not going to
• 5:29
  Speaker 3: call the end right now.
• 5:31
  Speaker 1: All right, so there, called it wrong two weeks ago.
• 5:33
  Speaker 1: Part of this really boiling down to what we may
• 5:36
  Speaker 1: see in the bond market. Remember, bond vigilantes could be
• 5:39
  Speaker 1: underway here. If you look at Warsh right now, the
• 5:42
  Speaker 1: Fed gets another reason to hike or hold. And this
• 5:46
  Speaker 1: is all basically subservient to what's happening in the macro data.
• 5:50
  Speaker 1: And that means the home prices, we're going to see
• 5:53
  Speaker 1: consumer confidence. And I'll show you something on that here
• 5:55
  Speaker 1: in a second. And then the JOLTS job openings, which
• 5:58
  Speaker 1: will be landing this week as well. The consumer confidence
• 6:00
  Speaker 1: is the one to watch right here because consumer confidence
• 6:03
  Speaker 1: pledges now to the lowest level since 2014. And this
• 6:08
  Speaker 1: is a bit of a concern because at some point,
• 6:11
  Speaker 1: this starts making its way into an economy that is already,
• 6:16
  Speaker 1: many people would say, is being driven specifically by growth earnings.
• 6:20
  Speaker 1: But when you look at it, it is that K-shaped,
• 6:24
  Speaker 1: type of economy where you have major winners and major losers.
• 6:27
  Speaker 1: And I think that's the issue that's facing consumers right now,
• 6:30
  Speaker 1: which is the confidence layer. Other things that you'll have
• 6:33
  Speaker 1: to remember when it comes to raising rates is that
• 6:37
  Speaker 1: the Fed has never, keyword here, never hiked in October
• 6:43
  Speaker 1: ahead of a U.S.
• 6:44
  Speaker 2: Election.
• 6:45
  Speaker 1: I mentioned this the other day on the show. I
• 6:47
  Speaker 1: just don't know how they do this without causing turmoil
• 6:52
  Speaker 1: in the political architecture of the U.S. And this will
• 6:57
  Speaker 1: be the case. Now, maybe there is a pause and
• 7:00
  Speaker 1: then we see maybe a 50 basis points hike in
• 7:03
  Speaker 1: December because that would be the next FOMC. Remember, this
• 7:05
  Speaker 1: happens on October 28th, which is just a handful of
• 7:10
  Speaker 1: days before the midterm election. So be on the lookout
• 7:13
  Speaker 1: for that because this could get very dicey in the
• 7:16
  Speaker 1: market for sure. I want to go to a clip
• 7:19
  Speaker 1: here and this gets into Rates in general, this is
• 7:23
  Speaker 1: Mark Yusko talking about this, and whether or not it's
• 7:25
  Speaker 1: good for crypto. Take a look.
• 7:26
  Speaker 4: MARK YUSKO If the Treasury is buying back bonds in size,
• 7:33
  Speaker 4: that is essentially printing money. The bottom line is you
• 7:37
  Speaker 4: got to look at total liquidity, and you have to
• 7:38
  Speaker 4: look at global liquidity. China is actually running the printing
• 7:42
  Speaker 4: press much, much faster than anybody else. And global liquidity today,
• 7:49
  Speaker 4: every day, makes new highs. The idea that higher rates
• 7:54
  Speaker 4: are bad for Bitcoin just doesn't make any sense to me.
• 7:57
  Speaker 4: Higher rates, interestingly, are a sign of economic strength. Low
• 8:03
  Speaker 4: rates are a sign of economic weakness. In a world
• 8:06
  Speaker 4: of abundance and economic strength, that's actually, again, better for
• 8:12
  Speaker 4: any store of value because in that environment, governments are
• 8:16
  Speaker 4: going to print Lots and lots and lots of money.
• 8:19
  Speaker 5: Yeah, I mean, lowering rates usually comes when things break.
• 8:24
  Speaker 1: Well, exactly. A rate adjustment, you know, is dependent upon
• 8:31
  Speaker 1: the economy not working the way it's supposed to. That,
• 8:34
  Speaker 1: of course, is the issue. Or it is also indicative
• 8:38
  Speaker 1: of maybe a Fed that has overstepped the rate architecture
• 8:42
  Speaker 1: in the sense of have they, you know, waited too
• 8:44
  Speaker 1: long because of whether it's pause or hikes. And if
• 8:47
  Speaker 1: you look at the S & P 500 in reference
• 8:49
  Speaker 1: to just relative money supply right now, because this is
• 8:52
  Speaker 1: not normal, we haven't seen these kind of numbers, but
• 8:54
  Speaker 1: the reading is now 0.330. This is above the 0.308
• 8:59
  Speaker 1: level that was hit in, I'll go back to it,
• 9:02
  Speaker 1: August of 2000. And it was something that essentially put
• 9:06
  Speaker 1: the worst shock into the market that we had seen.
• 9:09
  Speaker 1: In fact, it took almost 15 years for the market
• 9:12
  Speaker 1: to recover. So it was a big deal. as we
• 9:15
  Speaker 1: saw the S & P 500 topping in March of 2000.
• 9:18
  Speaker 1: And then, of course, it nearly fell 50% over the
• 9:22
  Speaker 1: next two and a half years. So big deals ahead.
• 9:25
  Speaker 1: Does that mean that the market is going to do
• 9:27
  Speaker 1: that now? And what kind of impact would that have
• 9:29
  Speaker 1: on crypto in general? One of the things that you
• 9:32
  Speaker 1: have to also compare is what's going on with gold prices,
• 9:36
  Speaker 1: which gold prices fell another 3% to 4%. This is
• 9:40
  Speaker 1: making one of the rarest single-day declines in the last
• 9:42
  Speaker 1: two decades. And this is since 2006. So gold, precious metal,
• 9:47
  Speaker 1: at the same time that we're having what appears to
• 9:51
  Speaker 1: be burgeoning economy around earnings, metals, and also to a
• 9:57
  Speaker 1: certain extent, now we're dealing with the bond market. and
• 10:00
  Speaker 1: now crypto potentially being on the fence in terms of
• 10:03
  Speaker 1: how its performance will go over the next few weeks.
• 10:07
  Speaker 1: And of course, everything kind of coils up into a
• 10:09
  Speaker 1: couple of areas. One, of course, is the global macro
• 10:13
  Speaker 1: still feeding off of what's happening in Iran and But
• 10:16
  Speaker 1: the other thing is the AI play. And I think
• 10:18
  Speaker 1: the AI play may have a bigger presence here than
• 10:22
  Speaker 1: many people are aware. One of the good news that
• 10:26
  Speaker 1: did happen for crypto was Goldman Sachs. They are now
• 10:29
  Speaker 1: announced their partnership or I guess their treasury fund is
• 10:32
  Speaker 1: going to use Avalanche for its institutional network. This was
• 10:36
  Speaker 1: a big deal for AVAX, a big pop on AVAX. Today,
• 10:40
  Speaker 1: of course, the big numbers we saw. And this is
• 10:42
  Speaker 1: something we've been looking at for the last few weeks
• 10:45
  Speaker 1: and been slowly bringing AVAX back up into the cycle,
• 10:49
  Speaker 1: mainly because we're seeing more and more activity. And there's
• 10:52
  Speaker 1: many things that we watch that causes us to take
• 10:56
  Speaker 1: a bit of a bigger lens on these. And of course,
• 10:59
  Speaker 1: this is one of them right here on this movement
• 11:00
  Speaker 1: for AVAX. So kudos to that team. Avalanche, though, right there,
• 11:04
  Speaker 1: you can kind of see led all chains on tokenized
• 11:06
  Speaker 1: stock market cap growth. Another thing that we're watching, and
• 11:11
  Speaker 1: this is over the past 30 days, so adding another
• 11:13
  Speaker 1: 266 mil. That's a big deal because that's just ahead
• 11:17
  Speaker 1: of BNB chain and well above Robinhood chain. So watch Avalanche.
• 11:23
  Speaker 1: Have they got something major brewing here that could cause
• 11:26
  Speaker 1: them to truly get back in the game in terms
• 11:29
  Speaker 1: of one of the key blue chip altcoins? I want
• 11:32
  Speaker 1: to go to a clip real quick. And this one
• 11:35
  Speaker 1: is why LINK, ended up, and this is a company
• 11:39
  Speaker 1: that's putting this together, why they chose Avalanche. Take a look.
• 11:43
  Speaker 3: Talk to me about choosing Avalanche as the chain over
• 11:46
  Speaker 3: some of their competitors.
• 11:47
  Speaker 5: 100%. When we originally started working with Avalanche, which was
• 11:50
  Speaker 5: about three years ago, the original consideration was using their
• 11:53
  Speaker 5: public blockchain. So how is it that we could actually
• 11:55
  Speaker 5: develop on C-chain? But as we moved forward and we
• 11:57
  Speaker 5: started working with that team, it became very, very clear
• 12:00
  Speaker 5: that if we were able to underpin the technology on
• 12:03
  Speaker 5: our own L1 by Avalanche, that the interoperability elements of
• 12:06
  Speaker 5: that would be very important, that the privacy considerations were
• 12:09
  Speaker 5: there and that the speed and throughput by running our
• 12:11
  Speaker 5: own validators also made a lot of sense as well.
• 12:13
  Speaker 5: We've had a great experience with that team and it
• 12:16
  Speaker 5: was amazing to get that summit as well.
• 12:19
  Speaker 1: So this is something we've talked about a lot here
• 12:22
  Speaker 1: on this channel in the sense of what Avalanche is
• 12:25
  Speaker 1: doing with its development of independent chains in essence. And
• 12:30
  Speaker 1: when you look at that strategy in the past, before
• 12:34
  Speaker 1: we started to see it actually take place, many people
• 12:38
  Speaker 1: thought it was a big pipe dream, you know, that
• 12:40
  Speaker 1: it wasn't going to happen. You wouldn't see these kinds
• 12:42
  Speaker 1: of partnerships roll out. And now here we are now
• 12:45
  Speaker 1: in 2026, these kinds of deals are rolling out. That
• 12:49
  Speaker 1: might be the beginning of a domino effect for Avalanche.
• 12:52
  Speaker 1: So if we see a lot more chains looking at privacy,
• 12:55
  Speaker 1: wanting to host and run their own chain, Avalanche is
• 12:59
  Speaker 1: kind of the only game in town. So be on
• 13:01
  Speaker 1: the lookout for AVAX. Let's talk about BM & R
• 13:04
  Speaker 1: because this affects some other things. And BM & R
• 13:06
  Speaker 1: has been on a bit of a pause here recently.
• 13:10
  Speaker 1: But remember, these guys have been staking ETH like maniacs,
• 13:14
  Speaker 1: but they also have been staking Solana and Hyperliquid. So
• 13:20
  Speaker 1: Pay attention here because this gets into two other major
• 13:23
  Speaker 1: tokens that still could be in if BM & R
• 13:26
  Speaker 1: continues its strategy in reference to really creating revenue streams.
• 13:31
  Speaker 1: This is another good example of how that plays out. Listen,
• 13:34
  Speaker 1: there's going to be some big numbers dropping this week.
• 13:38
  Speaker 1: And I think this is going to be probably the
• 13:41
  Speaker 1: data set that the Fed is going to be lining
• 13:44
  Speaker 1: up for October 28. Now, there'll be some other key
• 13:47
  Speaker 1: reports coming over the next two weeks. that will help
• 13:50
  Speaker 1: Warsh get into that position. This could still be a
• 13:53
  Speaker 1: big play on how crypto responds, but it also could
• 13:56
  Speaker 1: give the markets enough time to actually make some moves
• 14:01
  Speaker 1: on some of these data points in the next few
• 14:04
  Speaker 1: days and weeks ahead. So be on the lookout for those.
• 14:07
  Speaker 1: We'll be covering it quite a bit. So take care.
• 14:16
  Speaker 1: If you like this video, hit like and subscribe, drop
• 14:19
  Speaker 1: a comment down below, and also join our free private
• 14:22
  Speaker 1: member group. The link is in the description.