Latest / The Paul Barron Crypto Show / Stealth Bear Market?📉Fear Rising, Alts Bleeding, AI Cracking👀

Transcript

Stealth Bear Market?📉Fear Rising, Alts Bleeding, AI Cracking👀 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Let's get into it today.
• 0:01
  Speaker 2: We could have a stealth bear market or a stealth
• 0:04
  Speaker 2: rally all playing at the same time. Before we do that,
• 0:07
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• 0:34
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• 0:35
  Speaker 2: And you're going to have to start tax planning soon.
• 0:37
  Speaker 2: And IRAs are one of the diversification things that you
• 0:39
  Speaker 2: should be doing to set yourself up for success.
• 0:42
  Speaker 1: Let's get started.
• 0:43
  Speaker 2: I want to start with, of course, the fear and
• 0:45
  Speaker 2: greed for the traditional markets. This has been hovering into
• 0:49
  Speaker 2: the extreme fear zone all morning as we were recording
• 0:52
  Speaker 2: on this, holding at around 25%. It had bounced down,
• 0:55
  Speaker 2: I think, sub-25 just earlier. When you look at the
• 0:59
  Speaker 2: crypto market, a little bit different. It's setting in a
• 1:02
  Speaker 2: little bit better position, holding at a neutral position right
• 1:05
  Speaker 2: now at 48. And I don't know, are you guys
• 1:09
  Speaker 2: right now, if you look at the way you're making trades,
• 1:11
  Speaker 2: whether you're going into stocks, maybe you're buying gold and
• 1:13
  Speaker 2: or crypto and you're diversifying, tell me where you are
• 1:17
  Speaker 2: right now. Are you in more of a neutral mode
• 1:19
  Speaker 2: or more on a fearful mode in the markets?
• 1:23
  Speaker 1: Just hit it in the comments down below. I want
• 1:24
  Speaker 1: to kind of get your feedback.
• 1:26
  Speaker 2: Let's get into a clip here because this clip will
• 1:28
  Speaker 2: go into Gareth Soloway, who's been on the show many times,
• 1:31
  Speaker 2: talking about this is the month that makes or breaks it.
• 1:34
  Speaker 1: Take a look.
• 1:35
  Speaker 3: The month that breaks markets, the 1907 panic. This is
• 1:40
  Speaker 3: actually what triggered J.P. Morgan back in the day to
• 1:43
  Speaker 3: bail out the stock market and ultimately began the Federal Reserve, right? 1929,
• 1:48
  Speaker 3: Dow falls 89%, all right? Then you have 1987, Black Monday, 1989,
• 1:51
  Speaker 3: Friday the 13th, 1997, down 7.2%, trading halted. And 2008,
• 2:04
  Speaker 3: worst week ever on record, down 18%. This is when
• 2:08
  Speaker 3: Lehman failed, panic spreads, and everything changed. So bottom line
• 2:13
  Speaker 3: is what we know is October tends to be a
• 2:16
  Speaker 3: very violent and potentially negative month. And certainly what we've
• 2:21
  Speaker 3: seen thus far has set the possibility in motion we
• 2:25
  Speaker 3: could be on the verge of this. All right.
• 2:28
  Speaker 2: So a lot of people looking at this market right
• 2:31
  Speaker 2: now in two veins. You have some still believe this bull.
• 2:34
  Speaker 1: Market is holding.
• 2:35
  Speaker 2: And if you look at AI related stocks, you would
• 2:37
  Speaker 2: probably agree with that. Forty nine percent of the S
• 2:41
  Speaker 2: & P 500 right now above every bubble peak, except
• 2:44
  Speaker 2: for what happened during the railroads. This, of course, gets
• 2:48
  Speaker 2: into the issue of the centralization of where TradFi is
• 2:52
  Speaker 2: right now.
• 2:52
  Speaker 1: And that is anything that's AI. That's the trade.
• 2:56
  Speaker 2: The real question is, how does this play out? Because
• 2:57
  Speaker 2: you've got credit pressure markets coming in hard. The question
• 3:01
  Speaker 2: is how that plays into what the Fed is going
• 3:03
  Speaker 2: to do, not only in this month, but also in
• 3:06
  Speaker 2: December as we get into rate structures. And then you
• 3:10
  Speaker 2: look at this statement right here. And this is where
• 3:13
  Speaker 2: we get into this stealth bear market. And it might
• 3:16
  Speaker 2: be a historic opportunity. There's a couple of points within
• 3:19
  Speaker 2: this I want to highlight. We're now witnessing a historic
• 3:21
  Speaker 2: market paradox.
• 3:23
  Speaker 1: A bull bear market that is in play.
• 3:26
  Speaker 2: And within it, you can kind of see where we've
• 3:29
  Speaker 2: had hits, where the S & P has had its
• 3:32
  Speaker 2: record high, what we saw in terms of the bottom,
• 3:36
  Speaker 2: and then other key indicators right here. This was a
• 3:39
  Speaker 2: major component of the bullish thesis for equities. And this
• 3:43
  Speaker 2: all centers around investors expecting cheaper capital. And remember, this
• 3:46
  Speaker 2: is a big deal because if cheaper capital is truly
• 3:49
  Speaker 2: coming in, you'd have more investment and record capex by
• 3:53
  Speaker 2: tech companies. Not all of that is completely translated just yet.
• 3:57
  Speaker 2: All right, one other thing was this right here, that
• 3:59
  Speaker 2: that is the S & P should be above 9,000.
• 4:02
  Speaker 2: And that, of course, is providing that the war didn't happen, okay?
• 4:06
  Speaker 2: Nothing happened in the Middle East. Iran wasn't attacked. We
• 4:09
  Speaker 2: didn't have any of that occur. And oil prices were regular,
• 4:12
  Speaker 2: I guess. I don't necessarily agree with this. I'm not
• 4:15
  Speaker 2: sure that this would be a factor because I'm looking
• 4:18
  Speaker 2: at the way that the AI trade is playing out.
• 4:20
  Speaker 2: You would need much more broad participation in the rest
• 4:25
  Speaker 2: of the S & P 500. And I just don't
• 4:27
  Speaker 2: know that that would be the case. Software is already
• 4:29
  Speaker 2: taking a hit. So SaaS companies, I think you're going
• 4:31
  Speaker 2: to see a lot of companies in general because of
• 4:34
  Speaker 2: AI that will continue to see less performance. So the
• 4:37
  Speaker 2: real core is that AI has already been performing against
• 4:41
  Speaker 2: what's happening globally. Maybe it performs a little bit better,
• 4:45
  Speaker 2: but I don't see it at 9,000 for sure. All right,
• 4:48
  Speaker 2: this happened over the weekend. Putin floats a summit deal,
• 4:51
  Speaker 2: and this is coming in from both with Trump and Xi.
• 4:54
  Speaker 2: If this comes together and they can put a deal
• 4:56
  Speaker 2: together with the Ukrainians, this, of course, could change things
• 5:01
  Speaker 2: again more on a global macro side. Remember, Russia and
• 5:04
  Speaker 2: Ukraine both now harbingers of what's happening around energy as
• 5:09
  Speaker 2: almost as much as what's going on in Iran. And
• 5:13
  Speaker 2: one factor that has been played out here recently is
• 5:16
  Speaker 2: that Trump has continued to push Zelensky to.
• 5:18
  Speaker 1: Do a surrender. I just don't see that happening.
• 5:22
  Speaker 2: Now, could we see some sort of, you know, maybe
• 5:24
  Speaker 2: militarized zone or some detente at some point that would
• 5:27
  Speaker 2: kind of set this up? Maybe that would be the case.
• 5:30
  Speaker 2: But this will be interesting if this summit actually occurs. And,
• 5:34
  Speaker 2: you know, there's going to be some pressure here, obviously,
• 5:35
  Speaker 2: by China and Trump in general to kind of.
• 5:39
  Speaker 1: Get this done.
• 5:40
  Speaker 2: You have Tom Lee's tracker coming in. Oil is trading
• 5:42
  Speaker 2: at levels not seen since 2008 financial crisis. You know,
• 5:46
  Speaker 2: for you young people out there, that was the last
• 5:48
  Speaker 2: time that we really saw a major hit on the market.
• 5:51
  Speaker 2: And if you go back and look at what happened
• 5:53
  Speaker 2: in 2008, October 2007, actually, the 2008.
• 5:57
  Speaker 1: Was the year that we really started to see impact.
• 6:00
  Speaker 2: And I think that's the same addition that we're dealing
• 6:02
  Speaker 2: with right now is oil and its concern on where
• 6:06
  Speaker 2: inflation is playing out. Because remember, energy is is one
• 6:10
  Speaker 2: of the key things that's driving the core inflation. Now,
• 6:13
  Speaker 2: does that stick around if things kind of cool off
• 6:16
  Speaker 2: in the Middle East?
• 6:17
  Speaker 1: That's the real question.
• 6:18
  Speaker 2: Bitcoins, though, could be setting up for a coiling impact
• 6:22
  Speaker 2: on the market. If you look at a couple of
• 6:24
  Speaker 2: notices here on the Bollinger Bands, you'll see these touch points,
• 6:27
  Speaker 2: and we're seeming to come back in on them after
• 6:30
  Speaker 2: significant moves up in both of those last two pumps.
• 6:34
  Speaker 2: So maybe this is the time. I'd still defer a
• 6:38
  Speaker 2: little bit to what Gareth was saying is that October cycle,
• 6:41
  Speaker 2: because remember, this is still investors and you have to
• 6:44
  Speaker 2: be able to have something happen in the major market
• 6:47
  Speaker 2: to see any kind of rotation. And that's where the
• 6:50
  Speaker 2: capital is going to come from. My concern is if
• 6:53
  Speaker 2: the dollar holds a lot stronger, does it in fact
• 6:57
  Speaker 2: start to slow the issue of excess capital starting to
• 7:01
  Speaker 2: go into risk markets like crypto? That's a concern. right
• 7:05
  Speaker 2: now that we're dealing with. And if you watch it,
• 7:07
  Speaker 2: how credit and the Fed are both going to interact
• 7:10
  Speaker 2: in the next really 30 days, you're probably going to
• 7:13
  Speaker 2: get a much bigger signal in being able to understand that.
• 7:17
  Speaker 2: So be on the lookout there. Bitcoin dominance, though, is
• 7:20
  Speaker 2: pumping right now. Short-term bearish for alts. And this was
• 7:23
  Speaker 2: something I talked about on Friday with Evan, is that
• 7:28
  Speaker 2: this could be a market sell-off. And in fact, over
• 7:31
  Speaker 2: the weekend, we did have a little bit of hits
• 7:33
  Speaker 2: on the traditional alts. But I think this is maybe short-lived,
• 7:37
  Speaker 2: but at the same time, there will only be a
• 7:39
  Speaker 2: few winners here. Here's a clip from Ansem that kind
• 7:41
  Speaker 2: of talks about that.
• 7:42
  Speaker 1: Take a look.
• 7:43
  Speaker 4: A lot of people missed hype because they were looking
• 7:46
  Speaker 4: at majors, Bitcoin and ETH. But Bitcoin and ETH went
• 7:48
  Speaker 4: down like 30%, 40% from there. And hype was, as
• 7:51
  Speaker 4: we know, has been up only. How you would in
• 7:52
  Speaker 4: previous cycles, you're never buying alts when majors are going down.
• 7:55
  Speaker 4: You're just absolutely not doing that. The industry, altcoins don't
• 7:58
  Speaker 4: trend all at one time. They trend based on their
• 8:00
  Speaker 4: actual fundamental values and inflows.
• 8:04
  Speaker 1: Yeah, and he's right.
• 8:05
  Speaker 2: I mean, this is a typical signal that everybody has
• 8:09
  Speaker 2: followed in crypto, I think, forever. But if you look
• 8:13
  Speaker 2: at it, the weekend selling did hit altcoins hard as
• 8:16
  Speaker 2: a fear from equity spills into crypto. Typical altcoin now
• 8:19
  Speaker 2: down over 5% in the weekend close. This could be
• 8:22
  Speaker 2: the largest weekend drop since April. So if you were
• 8:26
  Speaker 2: going to buy an altcoin right now and you buy
• 8:28
  Speaker 2: these dips and you could still see at this and say, hey,
• 8:32
  Speaker 2: there's maybe another 10%, 15%. in the market that could
• 8:35
  Speaker 2: come off of these coins, which ones would you buy?
• 8:39
  Speaker 1: Let me know in the comments.
• 8:39
  Speaker 2: Which ones would you buy right now, maybe in a
• 8:42
  Speaker 2: dollar cost average scenario, if you're a believer in those
• 8:46
  Speaker 2: specific altcoins? One other thing I want to touch on
• 8:49
  Speaker 2: on Ansem's clip there was looking at fundamental structure around
• 8:56
  Speaker 2: most of these altcoins. That is a core thesis that
• 8:59
  Speaker 2: we talk about.
• 9:00
  Speaker 1: All the time. However, sentiment is a major influence when
• 9:06
  Speaker 1: the majors are moving.
• 9:08
  Speaker 2: And what I mean by that is Bitcoin and Ethereum,
• 9:10
  Speaker 2: if they are moving, and to a certain extent, maybe
• 9:12
  Speaker 2: even Solana, if it's moving to a certain extent, then
• 9:15
  Speaker 2: it has an influence on sentiment in the market. Sentiment
• 9:19
  Speaker 2: in the market can now start to correlate even on
• 9:22
  Speaker 2: altcoins that don't necessarily have the narrative there and the
• 9:25
  Speaker 2: fundamentals there.
• 9:26
  Speaker 1: So you have to kind of understand that.
• 9:28
  Speaker 2: Most people will say, well, no, I'm just going to
• 9:30
  Speaker 2: trade on the side of fundamental altcoins.
• 9:33
  Speaker 1: Yes, no problem there.
• 9:35
  Speaker 2: Some people want a higher risk appetite and they're looking
• 9:38
  Speaker 2: at those alternatives and usually sentiment driven tokens are the ones,
• 9:42
  Speaker 2: just like meme coins, are going to be the ones
• 9:44
  Speaker 2: that see the most gains. But it really depends on
• 9:47
  Speaker 2: your risk appetite. And I'm not telling you guys to
• 9:50
  Speaker 2: go out there and trade on more high risk assets,
• 9:53
  Speaker 2: but just be aware that that's how the market moves.
• 9:56
  Speaker 2: And I think this is something that a lot of
• 9:57
  Speaker 2: people understand that has been in crypto, But there's a
• 10:00
  Speaker 2: lot of you that are brand new to the channel
• 10:01
  Speaker 2: that have not been in crypto.
• 10:03
  Speaker 1: And this is kind of a new thing for you.
• 10:04
  Speaker 1: So pay attention. All right.
• 10:06
  Speaker 2: Speaking of fundamentals, you got to take a look at
• 10:08
  Speaker 2: one of the biggest altcoins out there, I feel like.
• 10:11
  Speaker 2: And that is Circle. Kind of moves like an altcoin
• 10:13
  Speaker 2: in terms of volatility, but it hits back at rival stablecoins. This,
• 10:17
  Speaker 2: of course, has been moving in a direction that I
• 10:19
  Speaker 2: think many of you guys know. We've been looking at
• 10:22
  Speaker 2: this for quite a while. We've talked about it quite
• 10:24
  Speaker 2: a bit. This is one of the top movers. We
• 10:26
  Speaker 2: think it will continue to be that way in terms
• 10:29
  Speaker 2: of a representative on traditional finance as a stock for
• 10:34
  Speaker 2: the crypto entities that are out there. So just pay attention.
• 10:37
  Speaker 2: Circle is being able to do it. It brought in
• 10:39
  Speaker 2: about $ 1. 4 billion in revenue.
• 10:41
  Speaker 3: Jeez.
• 10:41
  Speaker 2: $ 1. 4 billion in revenue.
• 10:44
  Speaker 1: That's the first half of 2026. And we haven't seen
• 10:48
  Speaker 1: an adoption boom.
• 10:50
  Speaker 2: So imagine what this company is going to do when
• 10:53
  Speaker 2: we do see an adoption move. Last week, they also
• 10:56
  Speaker 2: went out to 40 different countries. A lot of news
• 10:58
  Speaker 2: that's going to help, I think, USDC become the de
• 11:01
  Speaker 2: facto stablecoin and maybe rival USDT. I don't know if
• 11:05
  Speaker 2: it will happen, but things are moving fast for Circle.
• 11:08
  Speaker 1: Pay attention.
• 11:09
  Speaker 2: Other things you've got happening right now, JP Morgan is
• 11:11
  Speaker 2: now three tokenized products on ETH.
• 11:14
  Speaker 1: And this is on ETH mainnet. You've got JPMD. This
• 11:17
  Speaker 1: is their U.S. deposit token on ETH and base.
• 11:20
  Speaker 2: I don't know if you would use that, but it's
• 11:22
  Speaker 2: up to you. But I'm just wondering, you know, would
• 11:24
  Speaker 2: you use a bank deposit token or would you use
• 11:27
  Speaker 2: something like a traditional stablecoin? Then you've got money, which
• 11:30
  Speaker 2: is tokenized money market fund. That's something I'm not necessarily
• 11:33
  Speaker 2: interested in. And then you've got JLTXX, which is a
• 11:36
  Speaker 2: tokenized money market fund also.
• 11:39
  Speaker 1: All of these are riding on Ethereum.
• 11:41
  Speaker 2: The thing is, there's going to be a lot of
• 11:42
  Speaker 2: investors out there that are coming over from traditional finance
• 11:45
  Speaker 2: that most likely will take part in those kinds of
• 11:48
  Speaker 2: transactions and funds.
• 11:50
  Speaker 1: All right, so one point on this is that when.
• 11:52
  Speaker 2: You kind of compare the two, you've got JP Morgan
• 11:55
  Speaker 2: and Circle almost on an intersection for a head-on collision here.
• 12:00
  Speaker 2: The real question is, who's going to win that race?
• 12:03
  Speaker 2: I still think it's going to be Circle because of
• 12:05
  Speaker 2: their native introduction into crypto in general, their blockchain dominance
• 12:11
  Speaker 2: that they've had in trading pairs, and the extension that
• 12:14
  Speaker 2: they have globally already. That's a big powerful play compared
• 12:18
  Speaker 2: to what JP Morgan is going to be doing here in.
• 12:20
  Speaker 1: The United States by itself. So I think this is
• 12:23
  Speaker 1: a failed effort.
• 12:24
  Speaker 2: It's a good effort in the sense of them trying
• 12:26
  Speaker 2: to play in the game, but I don't think that
• 12:28
  Speaker 2: these kind of companies are going to win the race overall.
• 12:32
  Speaker 1: Prove me wrong.
• 12:33
  Speaker 2: Let me go to a clip real quick. It's an
• 12:35
  Speaker 2: interesting theory is that institutionalization has actually spoiled crypto.
• 12:41
  Speaker 1: And then I have some thoughts on this, but take
• 12:43
  Speaker 1: a look.
• 12:44
  Speaker 5: I will say institutionalization is absolutely the worst thing I
• 12:48
  Speaker 5: think that happened for you guys, for people that truly
• 12:51
  Speaker 5: believe in it, because the value proposition of decentralization and
• 12:56
  Speaker 5: like liberty and all that kind of stuff has all
• 12:59
  Speaker 5: become really, really badly implemented. at least in the short term,
• 13:04
  Speaker 5: it's a branding problem for crypto. Are there enough 18
• 13:08
  Speaker 5: to 25-year-olds that are going to be true believers?
• 13:11
  Speaker 3: Maybe. I don't know.
• 13:12
  Speaker 5: I feel like the brand has been really badly hurt
• 13:14
  Speaker 5: by this administration and just by the general Wall Street
• 13:21
  Speaker 5: inhaling crypto.
• 13:22
  Speaker 3: All right.
• 13:24
  Speaker 1: So my argument to that is this.
• 13:27
  Speaker 2: When you look at you know, major adoption cycles. And,
• 13:31
  Speaker 2: you know, I've seen a few of these in my past,
• 13:34
  Speaker 2: been in tech for a long time.
• 13:36
  Speaker 1: So, and I'm not saying that I'm right.
• 13:37
  Speaker 2: I'm just saying that you look at human behavior and
• 13:40
  Speaker 2: that's the thing that I think we're going to get into.
• 13:42
  Speaker 2: This is legitimizing it to a certain extent. What I'm
• 13:45
  Speaker 2: talking about is institutional adoption into crypto and blockchain.
• 13:48
  Speaker 1: So fair enough.
• 13:49
  Speaker 2: You definitely will have pushback from kind of this next generation.
• 13:54
  Speaker 1: But I think that it's gonna go the opposite way.
• 13:56
  Speaker 1: I think it will only.
• 13:57
  Speaker 2: Say, because it was adopted over there, the OGs, the
• 14:02
  Speaker 2: boomers did this, we can do it better.
• 14:05
  Speaker 1: So I think we'll see maybe a whole.
• 14:07
  Speaker 2: New era of blockchain, crypto projects, et cetera, that will
• 14:11
  Speaker 2: start to dominate that younger generation and it will only
• 14:15
  Speaker 2: explode them because they understand now they have detached from
• 14:19
  Speaker 2: the system. That to me is a great opportunity And
• 14:23
  Speaker 2: the advantage that the institutions brought to this is the
• 14:26
  Speaker 2: fact that they made it happen. In essence, you push
• 14:30
  Speaker 2: that market away by getting into it. So I think
• 14:34
  Speaker 2: it's the flip. I think it's a complete different way
• 14:37
  Speaker 2: of how investors are going to look at this in
• 14:39
  Speaker 2: the future. Now, do I think this is going to
• 14:41
  Speaker 2: be next generation investors going into banks? No, I think
• 14:44
  Speaker 2: banks are done. We're not going to see banks the
• 14:46
  Speaker 2: way you and I have seen them in the last two, three,
• 14:49
  Speaker 2: four decades. This is going to be a complete revolution
• 14:52
  Speaker 2: in finance. Mark my word, this is going to happen,
• 14:55
  Speaker 2: and I think it's going to be let in because
• 14:57
  Speaker 2: institutions came in to spoil the game. So pay attention
• 15:02
  Speaker 2: to that one. You've got another guy spoiling the game
• 15:05
  Speaker 2: right now, and that is Ledger. Ledger is now going
• 15:08
  Speaker 2: out with their new Ledger Atom. This is going to
• 15:10
  Speaker 2: contain Ledger's most advanced anti-tampering and tamper-evident solutions to date.
• 15:16
  Speaker 2: I'm glad that companies are out there trying to do that,
• 15:19
  Speaker 2: and they should be, but I think they're in a
• 15:22
  Speaker 2: bit of a spot. a trouble right now in terms
• 15:25
  Speaker 2: of hardware wallets. This is one of the things they're proposing,
• 15:29
  Speaker 2: which is a device that won't necessarily be a phone.
• 15:32
  Speaker 2: They partnered with Solana. I saw that over the weekend.
• 15:36
  Speaker 2: I'm sorry, Solana, I didn't think that was a good partnership.
• 15:38
  Speaker 2: I understand that was probably months, maybe years of business
• 15:41
  Speaker 2: development that had to kind of culminate there. But this,
• 15:44
  Speaker 2: I don't think, is a solution that anybody that has
• 15:47
  Speaker 2: been in crypto for a long time is going to use.
• 15:50
  Speaker 1: Is a device that is kind of like a phone.
• 15:52
  Speaker 2: You need to connect to Wi-Fi, but yet at the
• 15:54
  Speaker 2: same time, you're still dealing with agentic issues. Those kind
• 15:58
  Speaker 2: of things I'm not really interested in. I think you've
• 15:59
  Speaker 2: got to retain control in some sort of self-custody solution.
• 16:03
  Speaker 2: That's the only model to use. And I think privacy
• 16:06
  Speaker 2: is going to be paramount going forward. And that's the
• 16:09
  Speaker 2: key to watch right here is how these companies play
• 16:11
  Speaker 2: into this. And this is another thing.
• 16:14
  Speaker 1: Why not?
• 16:14
  Speaker 2: Why do you have to have an open market out
• 16:17
  Speaker 2: there trying to create devices that to see if your
• 16:20
  Speaker 2: devices are being attacked by other devices. So this is
• 16:26
  Speaker 2: an example, and this is trying to detect a spy implant, basically.
• 16:30
  Speaker 2: So you got a hardware out there, which was the problem.
• 16:32
  Speaker 2: If you guys don't know the news, there was devices
• 16:34
  Speaker 2: that were somehow.
• 16:37
  Speaker 1: Vector attacked by a supply chain through a distributor.
• 16:41
  Speaker 2: Not necessarily, I won't name countries or anything of that nature,
• 16:45
  Speaker 2: but basically a distributor was the one where the vector occurred.
• 16:48
  Speaker 2: And now they're trying to get in and actually, and
• 16:50
  Speaker 2: this was a hardware change in the actual devices themselves.
• 16:54
  Speaker 2: Now they're going and trying to build something to be
• 16:55
  Speaker 2: able to detect this. These are the kind of things, guys,
• 16:57
  Speaker 2: that should not happen.
• 16:59
  Speaker 1: These are company killers.
• 17:01
  Speaker 2: And I've seen this in the tech industry and in
• 17:03
  Speaker 2: the compute industry a lot. The opportunity here, I think,
• 17:07
  Speaker 2: for a real new solution is here. So be on
• 17:13
  Speaker 2: the lookout. We may see some very interesting solutions coming
• 17:16
  Speaker 2: up very quickly. because you're going to see a major
• 17:19
  Speaker 2: part of the market starting to look elsewhere for self-custody solutions.
• 17:24
  Speaker 2: So pay attention to that. We're going to cover this
• 17:26
  Speaker 2: and a lot more this week, so stay tuned. If
• 17:34
  Speaker 2: you like this video, hit like and subscribe, drop a
• 17:37
  Speaker 2: comment down below, and also join our free private member group.
• 17:41
  Speaker 1: The link is in the description.