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Supreme Court upholds TikTok ban️‍🔥Polkadot Incoming!🚀 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: It has happened.
• 0:06
  Speaker 2: The TikTok ban is in place, and we'll break it
• 0:09
  Speaker 2: all down for you. My name is Paul Barron. Welcome
• 0:10
  Speaker 2: back in the tech path. I want to break it
• 0:12
  Speaker 2: down because we've heard and we've seen your comments. Many
• 0:15
  Speaker 2: people are trying to figure out how does TikTok connect
• 0:18
  Speaker 2: to Polka Dot. So in this video, we're going to
• 0:20
  Speaker 2: break this down for you and show you how blockchain
• 0:23
  Speaker 2: is really kind of the answer here and how it's
• 0:25
  Speaker 2: all connected. First up is the Supreme Court upholds the
• 0:29
  Speaker 2: TikTok band, So this is going to happen. I believe
• 0:32
  Speaker 2: in just a little bit of time. If you look
• 0:33
  Speaker 2: at our counter right here, one day five hours away,
• 0:36
  Speaker 2: so the time this video hits YouTube, you're probably less
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  Speaker 2: than a day away before TikTok will go dark. All
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  Speaker 2: the services, I mean, the fees alone and for a
• 0:47
  Speaker 2: company who's hosting any of this material is pretty is
• 0:51
  Speaker 2: pretty extensive. So when you look at the fines, I
• 0:53
  Speaker 2: should say it will happen. So the key here is
• 0:57
  Speaker 2: is what is it going to look like between now
• 0:59
  Speaker 2: and the time that the inauguration takes place. Other things,
• 1:02
  Speaker 2: if you just look at the current search terms, I mean,
• 1:04
  Speaker 2: this has really started to accelerate. So you had that
• 1:07
  Speaker 2: first little pump, then that was around January tenth, then
• 1:10
  Speaker 2: another one here on the fourteenth in Bam. We are
• 1:12
  Speaker 2: on trend right now to absolutely skyrocket. So this is
• 1:16
  Speaker 2: definitely on the front burner for trends right now with
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  Speaker 2: everybody on TikTok.
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  Speaker 1: And of course, so we've been watching some.
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  Speaker 2: Of the TikTok content out there, absolutely some of the
• 1:26
  Speaker 2: best content that we've seen yet. Here's Donald Trump, though
• 1:29
  Speaker 2: he's kind of chiming in on this. I just spoke
• 1:31
  Speaker 2: with Chairman J. G.
• 1:31
  Speaker 1: Ping.
• 1:32
  Speaker 2: The call was a very good one, and they're basically said,
• 1:36
  Speaker 2: we're gonna we discussed all these things, balancing some trade, fentanyl, TikTok,
• 1:41
  Speaker 2: and many other subjects. That's interesting that you have fentanyl
• 1:44
  Speaker 2: and TikTok in the same sentence. But anyway, point is
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  Speaker 2: is that maybe there is an opportunity here for at
• 1:50
  Speaker 2: least a divestiture of the Chinese owned TikTok into the
• 1:56
  Speaker 2: United States where it plays out. And of course, as
• 1:58
  Speaker 2: you guys know, we've been talking about the quite a
• 2:01
  Speaker 2: bit in terms of why it's going to actually happen.
• 2:04
  Speaker 2: Here's another story. This of course showing that the TikTok's CEO, Shasha,
• 2:10
  Speaker 2: is planning to be at the inauguration. So this may
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  Speaker 2: give some indication that they TikTok is a little bit
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  Speaker 2: more maybe accepting to a ninety day workout period. No,
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  Speaker 2: whether that's a ninety day we're going to keep it
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  Speaker 2: up for ninety days and let's work out the deals
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  Speaker 2: for the divestiture. But the key is is that every minute,
• 2:30
  Speaker 2: every hour that TikTok is down that is damaging the
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  Speaker 2: brand is probably reducing the value of it. So that's
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  Speaker 2: another factor that plays into this whole situation.
• 2:38
  Speaker 1: If you look at TikTok.
• 2:40
  Speaker 2: Being removed from the app store by Monday, right now,
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  Speaker 2: the chance is hovering well. At one time it was
• 2:46
  Speaker 2: well over eighty percent at eighty five. It's hovering right
• 2:49
  Speaker 2: now at around seventy eight percent. That's at time of recording.
• 2:52
  Speaker 2: I anticipate this is probably going to go up a
• 2:54
  Speaker 2: little bit. Other things I wanted to show you here
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  Speaker 2: on polymarket. This is will Trump's save TikTok in the
• 3:01
  Speaker 2: first week. This will resolve to yes if Donald Trump
• 3:04
  Speaker 2: of the United States signs a federal legislation or performs
• 3:07
  Speaker 2: any executive action by January twenty seventh that has the
• 3:10
  Speaker 2: effect of overturning or delaying the enforcement of TikTok's sale
• 3:15
  Speaker 2: or bands. So that's a much wider and broader statement
• 3:19
  Speaker 2: on polymarket and because of that you're seeing, you know,
• 3:22
  Speaker 2: right now the percentage is still at about sixty one percent.
• 3:25
  Speaker 2: But if you look at this polymarket, you've got TikTok
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  Speaker 2: sale announced before April first right now hovering around twenty
• 3:32
  Speaker 2: seven percent chance.
• 3:34
  Speaker 1: So they believe that this is still.
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  Speaker 2: Going to be in negotiation for how the sale is
• 3:39
  Speaker 2: going to transact. Now, we've been covering this for a bit,
• 3:42
  Speaker 2: and as you guys know, we've talked about this quite
• 3:45
  Speaker 2: a bit and have been looking at this as a
• 3:48
  Speaker 2: strategy that we think TikTok was going to have and
• 3:52
  Speaker 2: be divested and have a blockchain component implemented into it.
• 3:58
  Speaker 2: And that is where polka dot comes in. So let
• 4:01
  Speaker 2: me explain that because everybody doesn't really get the connection here.
• 4:05
  Speaker 2: So all right, so let's jump over to Project Liberty's
• 4:08
  Speaker 2: forum page. Now, remember Project Liberty, Frank McCort, Kevin O'Leary,
• 4:13
  Speaker 2: that is the company that is trying to bid on
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  Speaker 2: TikTok right now, So this is their forum page back
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  Speaker 2: in twenty twenty one, and the thing they were trying
• 4:21
  Speaker 2: to do was selecting a chain, and essentially what they're
• 4:24
  Speaker 2: doing is launching DSNP. They wanted to do this on
• 4:27
  Speaker 2: other than Ethereum because of fees, transaction situations all that
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  Speaker 2: was playing out in twenty twenty one and DSMP, just
• 4:34
  Speaker 2: so you know, is think of it this as the framework,
• 4:37
  Speaker 2: the building blocks of the next generation Internet. That's where
• 4:40
  Speaker 2: we've talked about this for a lot on the show.
• 4:43
  Speaker 2: If you're brand new to crypto and your brand new blockchain,
• 4:45
  Speaker 2: think of the Internet as having a new DIGITALI D system,
• 4:49
  Speaker 2: a new payment architecture. All those kind of things will happen,
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  Speaker 2: and part of that is going to be based off
• 4:55
  Speaker 2: of DSNP. Now, when they looked at all the chains,
• 4:58
  Speaker 2: if you scan down further into these were all the
• 5:00
  Speaker 2: chains that.
• 5:01
  Speaker 1: They looked at.
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  Speaker 2: Now, many of these were chains you recognize, al Grin, Avalanche,
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  Speaker 2: Cardono's even on here, Cello okay, and then Polka Dot
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  Speaker 2: right there.
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  Speaker 1: So I'm going to jump to this next one.
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  Speaker 2: Now again, this right here was in May of twenty
• 5:15
  Speaker 2: twenty two, and they said, okay, we have a blockchain selected,
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  Speaker 2: it's Polka Dot. Now, Frequency is like a subnet.
• 5:23
  Speaker 1: Think of it. You guys know what.
• 5:24
  Speaker 2: Parachains and parachains were huge back in the last bull run.
• 5:28
  Speaker 2: If you don't know what a parachain is, and you
• 5:30
  Speaker 2: think of it as a subnet of a primary chain
• 5:33
  Speaker 2: like Polka dots, similar to Avalanche as l ones right
• 5:36
  Speaker 2: now or what they used to have is subnets. So
• 5:38
  Speaker 2: that's what frequency is. So this is what Frequency is
• 5:41
  Speaker 2: going to do. It's going to run the DSNP. That'll
• 5:44
  Speaker 2: be the new chain that this infrastructure resides on, and
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  Speaker 2: that's the connection to TikTok is the potential of Project Liberty,
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  Speaker 2: Frank McCort, Kevin O'Leary, and this technology going into social
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  Speaker 2: for the very first time. So that's why we believe
• 6:01
  Speaker 2: that these connection points are going to happen. One other
• 6:04
  Speaker 2: note in this same article where they're talking about will
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  Speaker 2: continue to be implementation agnostic, meaning multichain. Frequency is on
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  Speaker 2: Polka dot, that is a subnet of Polka Dot. That's
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  Speaker 2: why we think that this is going to be tied
• 6:17
  Speaker 2: into it. So let me go to a clip real quick,
• 6:19
  Speaker 2: and this clip was just here recent as well, let's
• 6:22
  Speaker 2: play the clip.
• 6:23
  Speaker 3: Frequency is also trying to expand and make it as
• 6:25
  Speaker 3: accessible and useful as possible, and will be adding in
• 6:31
  Speaker 3: some way shape or form, adding ethereum ecosystem to frequency.
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  Speaker 3: Still a lot of questions yet about how exactly that'll happen.
• 6:42
  Speaker 2: All right, So from that clip, as you can see,
• 6:44
  Speaker 2: they still haven't got the solution for ethereum. So the
• 6:46
  Speaker 2: likelihood first mover it's going to be Polka dot that
• 6:49
  Speaker 2: all of this is going to exist on. But there's
• 6:52
  Speaker 2: a lot of companies in here that have a connection
• 6:56
  Speaker 2: to where blockchain is going to be going.
• 6:58
  Speaker 1: So this is just the big and of.
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  Speaker 2: Course I think this is where a lot of people
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  Speaker 2: lose the connection. They don't understand why is TikTok related
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  Speaker 2: to the Polka dot house. Polkadd going to eventually be
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  Speaker 2: done when it gets sold, the technology for social media
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  Speaker 2: is going to shift. Frequency is going to be there,
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  Speaker 2: and it rides on polkadot. So just put all that
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  Speaker 2: together and you understand that if we're going to see
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  Speaker 2: a democratized social media in Web three, which we've been
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  Speaker 2: talking about forever, and there's been a lot of companies
• 7:26
  Speaker 2: that have tried to do this. This may be the
• 7:28
  Speaker 2: first successful shot. If you look at a number of
• 7:30
  Speaker 2: transactions on frequency right now, and these are just some
• 7:33
  Speaker 2: of the companies that we just showed. But if you
• 7:35
  Speaker 2: look at right there, frequency is the number two. Let
• 7:38
  Speaker 2: me zoom in on that for you guys. They're the
• 7:40
  Speaker 2: number two right there. That's their position right there, and
• 7:43
  Speaker 2: that's in terms of total transactions. So the key here
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  Speaker 2: is it's gonna happen. We're going to see a large
• 7:49
  Speaker 2: amount of transaction if we start to see this implemented
• 7:51
  Speaker 2: into polkaon could be everything from transactions, you know, potential sales,
• 7:55
  Speaker 2: possibly creator payments, all sorts of things that could play
• 7:58
  Speaker 2: out into the future of this. All right, So here
• 8:01
  Speaker 2: is frequency and where it's working today. There's me, there's
• 8:05
  Speaker 2: we are A, this is the UK company, this has
• 8:07
  Speaker 2: a and we are eight already has a kind of
• 8:09
  Speaker 2: an Instagram version of this. So the fact that this
• 8:12
  Speaker 2: is already working or remember, this is going to be interoperable,
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  Speaker 2: so there's possibility that you could have platforms that are
• 8:17
  Speaker 2: interoperating with other platforms. So think about that when it
• 8:21
  Speaker 2: comes to social media. This is just beginning, So get ready.
• 8:25
  Speaker 2: This is where we're going to be watching this very
• 8:27
  Speaker 2: quickly because as we start to see the potential for
• 8:30
  Speaker 2: TikTok moving over to a new platform with this divestiture,
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  Speaker 2: this I think is going to be the framework in
• 8:35
  Speaker 2: which it's going to be done. So all that being said,
• 8:38
  Speaker 2: you got to look at a couple other things. TikTok
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  Speaker 2: ban is going to be a wake up called decentralized
• 8:42
  Speaker 2: tech like Polka dot, avalanche Ton, There's other platforms out
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  Speaker 2: there that are all doing similar things. And the thing
• 8:50
  Speaker 2: that they're focusing in on data ownership and control. That
• 8:54
  Speaker 2: is why Web three is the future of social media.
• 8:57
  Speaker 2: It's why Web three is really the future of the Internet.
• 9:00
  Speaker 2: And this is many people have talked about this on
• 9:01
  Speaker 2: the Ethereum blockchain, they've talked about it on mini blockchains,
• 9:04
  Speaker 2: but the potential here is real. So everybody asked, well,
• 9:07
  Speaker 2: are there some other investments out there? Anytime you look
• 9:10
  Speaker 2: at an ecosystem, we probably should also look at it's
• 9:12
  Speaker 2: meme coin ecosystem. So just run over to deck screener
• 9:16
  Speaker 2: and if you get into the pok dot ecosystem, wift
• 9:20
  Speaker 2: is one that would possibly be and this is of
• 9:23
  Speaker 2: course wift dot on hydration. If you guys are trying
• 9:26
  Speaker 2: to get to it. But this is another one that
• 9:27
  Speaker 2: could also be affected by all of this. Again, pok
• 9:31
  Speaker 2: Dot meme coins. We put out a tweet on this.
• 9:34
  Speaker 2: We owe the wood community an apology for completely forgetting
• 9:37
  Speaker 2: to mention the Gabba wood token alongside whift. Yes we
• 9:40
  Speaker 2: heard you, guys, so we understand. Hey, the meme coin
• 9:44
  Speaker 2: crowd is strong. The force is strong with them, so
• 9:47
  Speaker 2: we had an issue an apology there. If you take
• 9:50
  Speaker 2: a look at polka Dot, We'll go over to the
• 9:52
  Speaker 2: chart real quick and just take a look at dot
• 9:56
  Speaker 2: right now, all right, So it's fall off from where
• 9:58
  Speaker 2: it was, which was around ten bucks. A lot of
• 9:59
  Speaker 2: people were kind of in that zone. It has started
• 10:02
  Speaker 2: to climb out, holding about seven to forty five, along
• 10:04
  Speaker 2: with many other projects sub five percent on the day.
• 10:07
  Speaker 2: So I'm still very positive of where this may take TikTok,
• 10:11
  Speaker 2: but I'm more positive of where this may take social media,
• 10:14
  Speaker 2: which is a decentralized social media and the future of
• 10:18
  Speaker 2: creator payments, shopping, all sorts of owning your own data.
• 10:23
  Speaker 2: All of that could come into reality with Polka Dot
• 10:27
  Speaker 2: through the use of a parachain, you know, a subnet
• 10:31
  Speaker 2: that rides on polka dot called frequency. So keep a
• 10:34
  Speaker 2: watch on all this good stuff. If you guys are
• 10:36
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• 10:38
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• 10:40
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• 10:42
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• 10:44
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• 10:46
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• 10:47
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• 10:48
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• 10:49
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• 10:52
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• 10:54
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