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Federal Reserve Crypto Conference Coming🚀Market Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Is a fed crypto pump coming today. We'll break it
• 0:02
  Speaker 1: down for you. Get into the weeds. I think you're
• 0:04
  Speaker 1: gonna love it. My name is Paul Bearer, Welcome back
• 0:06
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• 0:11
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• 0:47
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• 0:49
  Speaker 1: a couple of points I want to hit on today.
• 0:50
  Speaker 1: One of the headlines US Federal Reserve right here to
• 0:54
  Speaker 1: hold a conference, which is going to focus on stable
• 0:56
  Speaker 1: coins tokenization. Point is is you've got the FED now
• 0:59
  Speaker 1: involved to all of this. A couple of points within this.
• 1:02
  Speaker 1: This is going to take place October twenty first, is
• 1:04
  Speaker 1: going to bring together a range of parties to discuss
• 1:08
  Speaker 1: and how to innovate and improve payment system. Interesting. I
• 1:11
  Speaker 1: wonder who's going to be there because I anticipate we're
• 1:14
  Speaker 1: going to probably see companies like Ripple others that will
• 1:16
  Speaker 1: show up payments innovation discussions around stable coin business models, tokenization,
• 1:21
  Speaker 1: financial products and services which are really going to be
• 1:24
  Speaker 1: I think maybe a carry along once we start to
• 1:28
  Speaker 1: see the Clarity Act come through that we'll start to
• 1:30
  Speaker 1: I think unlock a lot of companies innovation around this.
• 1:34
  Speaker 1: So it is and I would agree this is definitely
• 1:36
  Speaker 1: going to shape the future of payments going forward. So
• 1:39
  Speaker 1: I'm looking forward to that and interesting like the conference
• 1:42
  Speaker 1: is going to be happening there from the FED. Other
• 1:45
  Speaker 1: good news is that PayPal is now enabling crypto for
• 1:48
  Speaker 1: six hundred and fifty million users. That's a big deal
• 1:51
  Speaker 1: because this will really start to employ a lot of features.
• 1:56
  Speaker 1: One of the ones that I think that is cool
• 1:58
  Speaker 1: is this one right here where shoppers can actually use
• 2:01
  Speaker 1: your coin based wallet, your metamass, your bin ass, whichever,
• 2:05
  Speaker 1: or even phantom and you're going to be able to
• 2:07
  Speaker 1: do that without actually transferring funds into PayPal. So remember
• 2:10
  Speaker 1: a PayPal right now, if you make a payment, you
• 2:12
  Speaker 1: can you have to puck dollars in there from your
• 2:15
  Speaker 1: bank account. It takes time for it. Most of the
• 2:17
  Speaker 1: time they'll give you credit for it. This is going
• 2:19
  Speaker 1: to be able to go directly. Imagine it's almost like
• 2:21
  Speaker 1: having plaid tied to your bank account. This is going
• 2:24
  Speaker 1: into your crypto wallet, so you can actually pay with
• 2:26
  Speaker 1: USDC directly from your crypto wallets. That is a skip
• 2:32
  Speaker 1: in terms of a hack for payments, and I think
• 2:34
  Speaker 1: this will open up a lot of opportunity for people
• 2:37
  Speaker 1: to understand, hey, this is the future guys, in which
• 2:40
  Speaker 1: will bring in retail, and retail will of course start
• 2:44
  Speaker 1: to change a lot in terms of adoption, which I
• 2:48
  Speaker 1: anticipate is coming and it's twenty twenty six is going
• 2:50
  Speaker 1: to be the year, I think.
• 2:52
  Speaker 2: So.
• 2:52
  Speaker 1: I think it's going to be the year that we
• 2:53
  Speaker 1: start to see true adoption at the business class side
• 2:57
  Speaker 1: for crypto. Other things you got to look at right
• 3:00
  Speaker 1: now is the fear and greed, holding it at forty
• 3:03
  Speaker 1: two on the coin market cap. One thing to look
• 3:06
  Speaker 1: at here is did we get a reset? Because remember
• 3:08
  Speaker 1: we pulled back here. This was back in early April,
• 3:12
  Speaker 1: and then of course we had the skyrocket of the markets.
• 3:15
  Speaker 1: We've been holding somewhat with a fairly high position on
• 3:19
  Speaker 1: both Bitcoin and ethereum, and now, of course this most
• 3:23
  Speaker 1: recent dive back down tier to forty two. Bitcoin price
• 3:27
  Speaker 1: hovering it around at that time was around one hundred
• 3:30
  Speaker 1: and eight. Now, of course we're hovering above one eleven
• 3:33
  Speaker 1: going into one to twelve. So is this the nearest
• 3:37
  Speaker 1: bottom for what we could see on the fear and greed?
• 3:40
  Speaker 1: And does this mean that we are going to start
• 3:41
  Speaker 1: nearing into an all coin season. A lot of what
• 3:44
  Speaker 1: we're going to be seeing, I think with a fed
• 3:46
  Speaker 1: going forward will determine that. One thing also that you
• 3:50
  Speaker 1: have to kind of consider is what's happening in the
• 3:52
  Speaker 1: gold market. Here's Cobec kind of hitting on this. The
• 3:54
  Speaker 1: S and P five hundred is one of the strongest
• 3:56
  Speaker 1: bull runs in decades, up to up a sixteen and
• 3:59
  Speaker 1: fifty points in under five months. But meanwhile, Gold's year
• 4:03
  Speaker 1: to date returns just hit thirty seven percent. That's plus
• 4:05
  Speaker 1: thirty seven percent. That's four x more than the S
• 4:09
  Speaker 1: and P five hundred year today. So that in itself,
• 4:11
  Speaker 1: why is gold kind of pushing it? I think what
• 4:14
  Speaker 1: we're seeing is rotational models, and this has been something.
• 4:18
  Speaker 1: We saw gold breakout previously. Right behind it came Bitcoin
• 4:23
  Speaker 1: on a market tear. That's a rotational model, and from
• 4:27
  Speaker 1: that it goes into other assets. Then we saw ethereum
• 4:30
  Speaker 1: run a market tear up to five k. This is
• 4:33
  Speaker 1: I think where we are right now, maybe in this
• 4:35
  Speaker 1: next leg up, and I think gold again is going
• 4:38
  Speaker 1: to be one of the key allocators to possibly market rotation.
• 4:43
  Speaker 1: Investors right now piling into gold and silver. Like number
• 4:45
  Speaker 1: four holdings now in the gold ETF hit a record
• 4:49
  Speaker 1: twenty nine hundred tons in August, that's the largest ever stockpile,
• 4:53
  Speaker 1: risen by three hundred and ten tons. Same time, total
• 4:56
  Speaker 1: holdings in silver ETF reached twenty five thousand tons. So
• 5:00
  Speaker 1: both these assets continuing to hold very good. So good
• 5:04
  Speaker 1: for gold and silver, and I think in the long
• 5:07
  Speaker 1: run it starts to play into digital assets. And this
• 5:09
  Speaker 1: is the thing that everybody needs to understand. Assets are
• 5:13
  Speaker 1: the only potential hack to being able to kind of
• 5:17
  Speaker 1: get into that American dream again. And it's what you
• 5:20
  Speaker 1: should be looking at, no matter what asset you're thinking about.
• 5:24
  Speaker 1: Digital assets, I just think are going to be the
• 5:26
  Speaker 1: ones going forward. So are we going to have a
• 5:28
  Speaker 1: bad September? Everybody's kind of looking at this. It's in
• 5:31
  Speaker 1: the past, it's been a little bit loose in terms
• 5:34
  Speaker 1: of September performance. I think all of that is going
• 5:36
  Speaker 1: to change, though. But I want to play a clip
• 5:38
  Speaker 1: for you and then I'll give you some more.
• 5:39
  Speaker 3: Take a look when you enter September, which is notoriically
• 5:44
  Speaker 3: known as a week month, when you enter it with
• 5:46
  Speaker 3: a very strong trend, it's actually not that weak. If anything,
• 5:48
  Speaker 3: it's more like a coin toss. And I think importantly
• 5:51
  Speaker 3: when you consider what has preceded this month, As you know,
• 5:55
  Speaker 3: the leadership is not what you would expect if we
• 5:57
  Speaker 3: were about to fall off a cliff here. The banks
• 5:59
  Speaker 3: are good to scretch is pretty good, Global markets are
• 6:01
  Speaker 3: generally quite good. So it's hard to get to bear share.
• 6:04
  Speaker 4: What if it's all not all, but some of it's
• 6:06
  Speaker 4: at least running on false promises. Tariffs aren't going to
• 6:08
  Speaker 4: have any impact on anything. Dramatically enough to change this story,
• 6:13
  Speaker 4: and what happens if that ends up being incorrect.
• 6:15
  Speaker 1: I think one of the.
• 6:16
  Speaker 3: Most dangerous things in this business is to put your
• 6:18
  Speaker 3: own intuition over the markets. And the market I think
• 6:21
  Speaker 3: has been telling as loud and clear for months and
• 6:23
  Speaker 3: months and months that the impact of tariffs is not delayed,
• 6:29
  Speaker 3: but just not happening. I think the consumer discretionary stocks
• 6:32
  Speaker 3: are really emphasizing that point. With autos and homebuilders in
• 6:35
  Speaker 3: retail acting as firm as they do, how.
• 6:37
  Speaker 4: Can there be no impact whatsoever? I mean, I understand
• 6:39
  Speaker 4: how that's the case. Somebody's eating the costs, whether the
• 6:42
  Speaker 4: company's eating it or the people are eating it.
• 6:44
  Speaker 3: Well, So if the economy's going to weaken here, Scott,
• 6:46
  Speaker 3: I would expect to see credit to tier rate has
• 6:48
  Speaker 3: not happened. I would expect to see discretionary underperformed staples
• 6:51
  Speaker 3: that is not happening as well, And particularly the countries
• 6:54
  Speaker 3: that have been in the crosshairs, whether that's China or
• 6:58
  Speaker 3: EU or even Japan weekend haven't had either. So I'm
• 7:00
  Speaker 3: not saying these things can't matter at some day in
• 7:02
  Speaker 3: the future, but if you're looking to the market for
• 7:04
  Speaker 3: a read today on how it appreciates this weakness we've
• 7:08
  Speaker 3: seen in bonds.
• 7:10
  Speaker 1: I think we're okay, all right, So some people would
• 7:13
  Speaker 1: look at that and say, okay, yes, those indicators have
• 7:16
  Speaker 1: been pretty solid. In terms of the overall economy. Real
• 7:20
  Speaker 1: estate out kind of a little bit of an outlier. Again,
• 7:23
  Speaker 1: this is all driven by what has been self inflicted
• 7:26
  Speaker 1: I believe in that is coming from the Fed and
• 7:27
  Speaker 1: not too late pal and what we're dealing with of
• 7:31
  Speaker 1: not really getting an interest rate cut to kind of
• 7:33
  Speaker 1: a feed into this. In terms of the market growth,
• 7:36
  Speaker 1: especially in some of these sectors that are really struggling tariffs,
• 7:39
  Speaker 1: I'm not sure yet because remember there's a lot of
• 7:42
  Speaker 1: these companies had ridiculous earnings that have been putting them
• 7:46
  Speaker 1: in a position to where they could fade some of
• 7:48
  Speaker 1: the heat. It is possible that I think a lot
• 7:50
  Speaker 1: of companies could do that now, Retail, food service, some
• 7:54
  Speaker 1: of those companies a little bit less likely. There is
• 7:56
  Speaker 1: an uptick in bankruptcies, but I think that's all because
• 8:00
  Speaker 1: the fact that in many cases, businesses that normally would
• 8:03
  Speaker 1: have been bailed out can no longer be bailed out
• 8:06
  Speaker 1: because the interest rates are too high now because when
• 8:09
  Speaker 1: I say bailed out, meaning they could go to a
• 8:11
  Speaker 1: credit instrument, get very low cost loans be able to
• 8:14
  Speaker 1: sustain their business going forward in a rough patch. That
• 8:17
  Speaker 1: is not necessarily the case right now, which is why
• 8:20
  Speaker 1: I think we're seeing a rise. So again, a rise
• 8:22
  Speaker 1: kind of in essence being driven by the fact that
• 8:26
  Speaker 1: the low cost money is no longer there. You look
• 8:29
  Speaker 1: at Treasure Treasury Secretary Scott Bessen, he's kind of hitting
• 8:33
  Speaker 1: on the point that in August we booked over thirty
• 8:36
  Speaker 1: one billion in terms of revenues coming in off tariffs. Again,
• 8:40
  Speaker 1: this is money coming into the coffers. Now, hopefully this
• 8:42
  Speaker 1: starts to reduce the debt. If anything, there are opportunities.
• 8:47
  Speaker 1: I think that the American people could hopefully benefit from this.
• 8:51
  Speaker 1: But I think the big factor is how does this
• 8:53
  Speaker 1: play out for companies going down the road, because that's
• 8:57
  Speaker 1: a factor that I think still hasn't been identified. Grasury
• 9:00
  Speaker 1: bonds have been on a drawdown for sixty one months.
• 9:03
  Speaker 1: This is the longest period in history. This is a
• 9:05
  Speaker 1: bit of a concern, but again it goes back to
• 9:07
  Speaker 1: the point of understanding where to look at investment opportunities. Now,
• 9:12
  Speaker 1: I want to go to a clip real quick. This
• 9:14
  Speaker 1: next clip, we'll get into the fact that Trump is
• 9:17
  Speaker 1: now going head to head with Supreme Court in trying
• 9:20
  Speaker 1: to get these tariffs imposed.
• 9:22
  Speaker 5: Take a look, and now it's going to the Supreme Court.
• 9:24
  Speaker 5: Now we're going to be asking for early admittance where
• 9:28
  Speaker 5: we're going tomorrow and we're going to ask for expedited
• 9:31
  Speaker 5: and expedited rule. And because you know, when you look
• 9:35
  Speaker 5: at the stock markets down today, the stock markets down
• 9:37
  Speaker 5: because of that, because the stock market needs the tariffs.
• 9:40
  Speaker 5: They want the tariffs. If you look at AI, all
• 9:44
  Speaker 5: of those you know, all of that money that's going
• 9:47
  Speaker 5: to be invested, trillions and trillions of dollars, is the
• 9:49
  Speaker 5: biggest thing, bigger than the Internet. I suspect it's see
• 9:52
  Speaker 5: Internet plus three or four other things combined. We are
• 9:57
  Speaker 5: leading very substantially with AI. We're leading because of tariffs.
• 10:02
  Speaker 5: We're leading because of talent, and this is where they'd
• 10:04
  Speaker 5: like to be. But without the tariffs, we wouldn't have
• 10:06
  Speaker 5: a chance because we wouldn't be able to protect those
• 10:08
  Speaker 5: investments of the companies coming in. So if you took
• 10:13
  Speaker 5: away tariffs, we could end up being a third world country.
• 10:18
  Speaker 1: All right, I don't know that I agree with that.
• 10:20
  Speaker 1: I do think though, that Trump is going to get
• 10:23
  Speaker 1: his way, and in the essence that there's no Supreme
• 10:26
  Speaker 1: Court that's going to overturn tariffs, because that's an instrument
• 10:29
  Speaker 1: that has always been in government for the United States
• 10:32
  Speaker 1: to utilize. The thing that really plays into this is
• 10:35
  Speaker 1: how is this going to play out on the FED
• 10:38
  Speaker 1: potential rate cuts in September. Here, of course is FED
• 10:41
  Speaker 1: Governor Waller saying he is facing or he favors multiple
• 10:45
  Speaker 1: interest rate cuts coming in the next few months. And
• 10:48
  Speaker 1: I think the point that a lot of people are
• 10:50
  Speaker 1: looking at is how many do we get? Here is
• 10:53
  Speaker 1: Waller talking about that, Take a look.
• 10:55
  Speaker 3: Your view is at one cut and that many more.
• 10:58
  Speaker 1: How do you gain things out over the next several months.
• 11:01
  Speaker 6: Well, I've been clear that I think we should be
• 11:02
  Speaker 6: cutting at the next meeting. The labor market has come
• 11:04
  Speaker 6: in much softer, But we were getting all this anecdotal
• 11:08
  Speaker 6: evidence at the time saying no hiring, no firing, firms
• 11:11
  Speaker 6: are laying off. Rates were going up for a new
• 11:14
  Speaker 6: entrance AI was potentially causing problems. So all that SOFTY
• 11:18
  Speaker 6: and ADP had big negative numbers, So all that data
• 11:21
  Speaker 6: didn't seem to match up with what the BLS was
• 11:23
  Speaker 6: putting out, and that's kind of where I felt like
• 11:26
  Speaker 6: the BLS numbers got to be off in some way,
• 11:28
  Speaker 6: and then we found out in August that they really were.
• 11:32
  Speaker 6: So I would say over the next three six months
• 11:34
  Speaker 6: we could see multiple cuts coming in.
• 11:36
  Speaker 1: Whether it's like.
• 11:37
  Speaker 6: Every other meeting, every meeting, we'll have to wait and
• 11:40
  Speaker 6: see what the data says, all.
• 11:43
  Speaker 1: Right, so or three six months down the road multiple cuts.
• 11:47
  Speaker 1: If that is the case, then I anticipate we will
• 11:49
  Speaker 1: see a more liquid market starting to come in, meaning
• 11:53
  Speaker 1: we're going to start to see more injected capital into
• 11:55
  Speaker 1: the space, well that goes into digital assets, into the treasuries, insecurities,
• 12:01
  Speaker 1: or even gold and silver. Point is is that it
• 12:03
  Speaker 1: will heat up the market in general. The one thing
• 12:05
  Speaker 1: that I am a little bit concerned about, of course,
• 12:08
  Speaker 1: has always been this job's balance that we're trying to
• 12:10
  Speaker 1: get under, and this is the thing that could actually
• 12:13
  Speaker 1: throw a kink into things, is possible. Power is too
• 12:16
  Speaker 1: late on this. If you look at the US job
• 12:18
  Speaker 1: openings now versus unemployment, this is the highest that we've
• 12:22
  Speaker 1: seen in quite some time. In fact, the first time
• 12:24
  Speaker 1: that we saw it flip the number of unemployed people
• 12:27
  Speaker 1: versus what's available in terms of job opening is you
• 12:30
  Speaker 1: can kind of see this now throw that out which
• 12:32
  Speaker 1: was COVID, and then of course where we are right now.
• 12:35
  Speaker 1: This is the declining situation right now in terms of
• 12:39
  Speaker 1: job openings that I have been shouting that this is
• 12:44
  Speaker 1: the problem going forward and if we don't see an adjustment,
• 12:48
  Speaker 1: and again I think it's too late now. Yes, it
• 12:50
  Speaker 1: will eventually make its way into the business community, but
• 12:53
  Speaker 1: it's going to take months, if not over a year
• 12:56
  Speaker 1: for that to really take place in terms of businesses
• 12:59
  Speaker 1: to be confident to where they can go higher. Again,
• 13:02
  Speaker 1: if you look at other central banks out here, the
• 13:04
  Speaker 1: Poland has now cut rates for a third time this
• 13:07
  Speaker 1: year another quarter basis points down to four point seventy five.
• 13:10
  Speaker 1: Anticipate we'll see a lot more cutting rates as well
• 13:14
  Speaker 1: around the world. But again the United States still setting
• 13:17
  Speaker 1: very hard on expensive money right now. The poly market
• 13:21
  Speaker 1: holding on the FED decision is still very high eighty
• 13:24
  Speaker 1: six percent right now that we do get a FED
• 13:28
  Speaker 1: rate cut or in September, so this could be a
• 13:32
  Speaker 1: quarter basis points. Question is will you surprise the market
• 13:35
  Speaker 1: with a fifty or do you think we'll get a
• 13:37
  Speaker 1: quarter and then do we get a pause or a
• 13:39
  Speaker 1: continuation of rate cuts. Let me know in the comments
• 13:42
  Speaker 1: down below if you guys are not subscribe to the channel,
• 13:44
  Speaker 1: you should do that right now, get in subscribe. And
• 13:48
  Speaker 1: of course we do a lot of course of coverage
• 13:51
  Speaker 1: here on the show that I think you guys need
• 13:53
  Speaker 1: to really pay attention to in terms of where the
• 13:56
  Speaker 1: markets are going. Other things that are happening is poly
• 13:59
  Speaker 1: Market now has the green light to launch in the US,
• 14:02
  Speaker 1: and this could be huge because when you look at
• 14:06
  Speaker 1: that happening, the likelihood is that could also mean a
• 14:10
  Speaker 1: launch of a token. You know, hopefully Shane is going
• 14:13
  Speaker 1: to get things going there. But remember there's an interesting
• 14:16
  Speaker 1: situation Polymarket, you know, trying to get into the US,
• 14:19
  Speaker 1: and then all of a sudden, Eric Trump, he goes
• 14:21
  Speaker 1: on there as an advisor. Next thing, you know, looks
• 14:24
  Speaker 1: like they get the green light the United States. I
• 14:26
  Speaker 1: know that looks and feels a little under the table,
• 14:29
  Speaker 1: but I think if you look at businesses in general,
• 14:32
  Speaker 1: the whole entire economy around how businesses are done, those
• 14:36
  Speaker 1: are the kind of things that happen out there of
• 14:39
  Speaker 1: how businesses get regulations passed, how they go in and
• 14:41
  Speaker 1: get markets opened up for them, all those kinds of things.
• 14:44
  Speaker 1: It's who you know in business. And the good thing
• 14:47
  Speaker 1: is is that digital assets might actually be starting to
• 14:50
  Speaker 1: learn from traditional economics as to how to do this.
• 14:55
  Speaker 1: All right, I do want to thank our sponsor today,
• 14:57
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• 15:00
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• 15:25
  Speaker 1: That kind of gets you going. All right, Let's move
• 15:28
  Speaker 1: over to kind of this next evolution around stocks token
• 15:34
  Speaker 1: I stocks and what that's going to look like. Here,
• 15:36
  Speaker 1: of course is ONO talking about this Wall Street two
• 15:39
  Speaker 1: point zero now here and global markets now live. This
• 15:43
  Speaker 1: means that we're going to see token ie securities out there.
• 15:46
  Speaker 1: This is now coming on Ethereum, which we've anticipated with
• 15:50
  Speaker 1: would be happening, it is now happening. That's a good thing.
• 15:54
  Speaker 1: It will start to put more pressure I think here
• 15:56
  Speaker 1: in the United States to get token is securities launched.
• 15:59
  Speaker 1: And if you look at this one right here, Galaxy
• 16:01
  Speaker 1: and Superstate now launching the g l xy tokenized stock
• 16:06
  Speaker 1: over available and these are public shares now available on Solana.
• 16:09
  Speaker 1: So that in itself is just more good news I
• 16:13
  Speaker 1: think for blockchain, tokenized treasuries, token ice stocks. What we're
• 16:18
  Speaker 1: seeing in the place of ETFs moving into the market
• 16:20
  Speaker 1: at the point is there's a lot of bullish indicators
• 16:23
  Speaker 1: that are very good for the market in general, so
• 16:26
  Speaker 1: much that Tom Lee is now taking a new look
• 16:30
  Speaker 1: at ethereum and gives us a new potential all time high.
• 16:33
  Speaker 1: Take a look at what he said.
• 16:35
  Speaker 2: On the left side is bitcoin price levels, and then
• 16:39
  Speaker 2: going across are various levels of the ethereum to bitcoin ratio.
• 16:47
  Speaker 2: Are you'reine target? This is from the funstrat side for
• 16:51
  Speaker 2: bitcoin is two hundred and fifty thousand dollars and here's
• 16:55
  Speaker 2: the twenty twenty one high. And as you can see,
• 16:58
  Speaker 2: at a two hundred fifty thousand dollars coin, you get
• 17:02
  Speaker 2: to somewhere between twelve thousand and twenty two thousand dollars
• 17:06
  Speaker 2: value per ethereum token. If you look at the replacement
• 17:10
  Speaker 2: cost of payment rails and the banking system, that gets
• 17:14
  Speaker 2: you to an implied value of ethereum of around sixty thousand.
• 17:17
  Speaker 2: I also asked fundstrets Mark Newton for his technical take
• 17:21
  Speaker 2: on ethereum and he thinks etherum could reach nine thousand
• 17:23
  Speaker 2: by early January. According to him, ethereum could reach nine
• 17:28
  Speaker 2: thousand in late January, but he also believes that in
• 17:31
  Speaker 2: September ethereum could be set to reach somewhere between fifty
• 17:36
  Speaker 2: five hundred or so.
• 17:40
  Speaker 1: All right, so you can kind of see very very
• 17:43
  Speaker 1: bullish on eth in general. And if you think about that,
• 17:46
  Speaker 1: you got to consider shorts and they're still out there
• 17:49
  Speaker 1: eight billion in ethereum shorts now are set to be liquidated.
• 17:52
  Speaker 1: When we cross fifty two hundred, that will be a
• 17:55
  Speaker 1: critical point moving forward. I think it also will push
• 17:59
  Speaker 1: sentiment data into the stratosphere on ethereum. That could be
• 18:03
  Speaker 1: the breakout point. So that's the one we are watching
• 18:06
  Speaker 1: very very closely. Other things you got to look at
• 18:09
  Speaker 1: is the stable cooin inflows on eth currently leading with
• 18:12
  Speaker 1: the twenty fourth largest twenty four our stable cooin inflow
• 18:15
  Speaker 1: across all blockchains. This is a major sign of investor
• 18:18
  Speaker 1: interests and you can kind of see it right there,
• 18:20
  Speaker 1: eth leading the way. Stable coins we already know are
• 18:23
  Speaker 1: now starting to get implemented into all sorts of business architecture.
• 18:27
  Speaker 1: And I think this is just the next phase. But
• 18:30
  Speaker 1: I don't think we are really in an adoption curve
• 18:33
  Speaker 1: just yet. I think it's still very early around all
• 18:36
  Speaker 1: of these. So you think we're there yet, well, it's
• 18:39
  Speaker 1: going to take some mainstream movement. One of the things
• 18:43
  Speaker 1: that could move mainstream is this right here, and that
• 18:46
  Speaker 1: is that there's a rumor Tom Lee could be going
• 18:47
  Speaker 1: on Joe Rogan. If that were to happen, let me
• 18:50
  Speaker 1: know in the comments what you think would happen to ethereum.
• 18:54
  Speaker 1: If Rogan and League get together and he gets to
• 18:58
  Speaker 1: talk about the whole concept of what Lee Tom Lee
• 19:02
  Speaker 1: is pitching, which is really the replacement of the finance
• 19:05
  Speaker 1: system on Wall Street. It is the Wall Street token,
• 19:09
  Speaker 1: and whether or not Rogan is going to buy that.
• 19:12
  Speaker 1: If he does, then you know, you could see a
• 19:15
  Speaker 1: ridiculous response because this is going to open up to
• 19:17
  Speaker 1: a lot of people that don't even know about ethereum, guys.
• 19:20
  Speaker 1: And I know you may think that's crazy, Pa, everybody
• 19:22
  Speaker 1: knows about it. No, there's there's everyday people out there
• 19:26
  Speaker 1: are just now uncovering what's going on in digital assets.
• 19:29
  Speaker 1: They're just now starting to understand what a stable coin is.
• 19:33
  Speaker 1: I talked to two business leaders this morning. It was
• 19:36
  Speaker 1: mind boggling how little they knew about what was happening
• 19:40
  Speaker 1: in DC around really what is a transition in our
• 19:44
  Speaker 1: financial system? And these are very very smart people, So
• 19:47
  Speaker 1: it's a big one. Charlie Bilello hits on it right here.
• 19:50
  Speaker 1: The American dream is on life support. Only twenty five
• 19:53
  Speaker 1: percent of Americans say they have a good chance of
• 19:55
  Speaker 1: improving their standard of living, the lowest in survey since
• 19:58
  Speaker 1: eighty seven, three and four. I believe the next generation
• 20:01
  Speaker 1: will be better off. I'm going to tell you this, guys,
• 20:04
  Speaker 1: you will be better off. And I'm going to tell
• 20:06
  Speaker 1: you why the American dream is not dead. The American
• 20:08
  Speaker 1: dream has just shifted, and it shifted from what was
• 20:13
  Speaker 1: unfortunately real estate in the past to digital assets. And
• 20:17
  Speaker 1: digital assets have a whole slew and variety of concepts
• 20:22
  Speaker 1: but this is all coming to a head in one place,
• 20:25
  Speaker 1: and I hope that you guys are paying attention. If
• 20:28
  Speaker 1: you're not subscribed to the show, I want you to
• 20:30
  Speaker 1: just take a minute do that right now, because that's
• 20:32
  Speaker 1: the one thing we talk about here is really this
• 20:35
  Speaker 1: major transformation of wealth, and that's what we're dealing with
• 20:39
  Speaker 1: today in what's happening, not only on the regulatory front,
• 20:43
  Speaker 1: what's happening in the cultural front, what's happening in a
• 20:45
  Speaker 1: demographic shift. All that one time is now going on
• 20:49
  Speaker 1: right here, which is why you see a lot of
• 20:52
  Speaker 1: people feeling like, you know, I'll never make it out.
• 20:54
  Speaker 1: Yes you will. You just have to understand there are
• 20:57
  Speaker 1: ways to do it. And if it's just a trickle
• 20:59
  Speaker 1: in amount of going into digital assets, that's where you start.
• 21:03
  Speaker 1: Hopefully you're doing that all right. If in the way
• 21:05
  Speaker 1: you can start, get in on a diamond circle. It's free.
• 21:08
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• 21:10
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• 21:13
  Speaker 1: you our thesis on a lot of the research that
• 21:14
  Speaker 1: we do here on the show, but also give you
• 21:16
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• 21:20
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• 21:23
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• 21:26
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• 21:27
  Speaker 1: We'll catch you next time right here on The Paul
• 21:29
  Speaker 1: Baron Show