Latest / The Paul Barron Crypto Show / Congress Delays Bills For An Early Vacation🚨Crypto Catalyst in January?

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Congress Delays Bills For An Early Vacation🚨Crypto Catalyst in January? · The Paul Barron Crypto Show

0:00
Speaker 1: Well, you asked for it.
0:01
Speaker 2: Congress have decided to take a hiatus early, and of
0:04
Speaker 2: course you know what that means, no clarity act. We'll
0:06
Speaker 2: break it down for you. Let's just jump right in.
0:08
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0:38
Speaker 2: Let's go into it today. I want to go over
0:40
Speaker 2: to the first thing and hit on this right here.
0:43
Speaker 2: The house GOP is skipping town early for a holiday
0:46
Speaker 2: recess that.
0:47
Speaker 1: You know that they have so dearly earned.
0:51
Speaker 2: And of course healthcare premium sore, Epstein files, loom.
0:54
Speaker 1: Nothing's getting done.
0:55
Speaker 2: It is crazy that we have these people called politicians
0:59
Speaker 2: doing that kind of work. I know anybody in business
1:03
Speaker 2: just I don't know what even people consider how this
1:06
Speaker 2: is actually representative of serving the people. The good news
1:10
Speaker 2: is is we have a pro CFTC chair coming in.
1:14
Speaker 2: Remember Rustin Benham, that was the guy that was not
1:17
Speaker 2: pro crypto. Now we got one in there. I think
1:19
Speaker 2: this is going to be a good thing around how
1:21
Speaker 2: this structures with the SEC. If you look at what's
1:24
Speaker 2: happening over on polymarket, the other thing you get to
1:27
Speaker 2: concern yourself is could there be another government shutdown? Well
1:30
Speaker 2: there's a spike right now after this early departure. Everybody's
1:34
Speaker 2: wondering have they just put themselves in a position to
1:38
Speaker 2: basically get right back into the idea that there is
1:41
Speaker 2: a shutdown looming for January. And as I've said here
1:44
Speaker 2: on the show before, if a shutdown gets in the way,
1:48
Speaker 2: Clarity will be in trouble. So just remember that as
1:53
Speaker 2: we get going here. All right, So here's a quick
1:55
Speaker 2: post from David Sachs. If you don't know who that is.
1:58
Speaker 2: This is the crypto Andai Zow, who works of course
2:01
Speaker 2: under Trump, and he basically has kind of come in
2:03
Speaker 2: with Senator Sampscott and Bozman who have confirmed that the
2:06
Speaker 2: Clarity Act and its market is markup is coming in January.
2:11
Speaker 2: We look forward to finishing the job in January.
2:14
Speaker 1: This would be huge for.
2:17
Speaker 2: The markets if we actually get clarity coming through in January.
2:21
Speaker 2: And of course here's Patrick McHenry talking about its probability.
2:26
Speaker 1: Take a look.
2:27
Speaker 3: So I think January thirties is more likely to be
2:29
Speaker 3: in normative saying we have healthcare, we go into government funding,
2:34
Speaker 3: and then what comes thereafter is digital assets, cryptocurrency, the
2:38
Speaker 3: market the market regulation bill that's working its way through
2:42
Speaker 3: the Senate. So I think you have a bill signing
2:44
Speaker 3: for the president on government funding, on healthcare and on
2:47
Speaker 3: crypto in the first quarter of next year.
2:49
Speaker 1: We'll play that back, James, You've got to grab that.
2:51
Speaker 2: So, I mean, this is one thing you can look
2:53
Speaker 2: at that as still good news, but in reality he's
2:56
Speaker 2: talking first quarter. That means March thirty first. That's the
3:00
Speaker 2: end of the first quarter, guys. And if it goes
3:03
Speaker 2: that far in depending on what's going on in January
3:06
Speaker 2: late January with the Fed and also the mess that's
3:09
Speaker 2: going to happen in January obviously with healthcare and dealing
3:13
Speaker 2: with all these other things that are happening in DC.
3:15
Speaker 1: That's the problem.
3:17
Speaker 2: One thing that might cause them to maybe put it
3:19
Speaker 2: at least on the front side. Is the idea around
3:21
Speaker 2: the Japanese carry trade. We've talked about this quite a
3:24
Speaker 2: bit before, is it is a stress test that could
3:27
Speaker 2: fly into the face of things, especially the fact that
3:30
Speaker 2: we do not have rails that would not prevent this
3:33
Speaker 2: on win because it's really about timing in the market.
3:36
Speaker 2: So the good thing there is instant rails equal instant liquidity.
3:39
Speaker 1: That's the key.
3:41
Speaker 2: Here was a chart that they kind of showed that
3:42
Speaker 2: I thought was interesting right there. Why is Congress rushing
3:45
Speaker 2: the act right there? It is yen spike, leverage on winds,
3:48
Speaker 2: and these are the things that you have to be
3:50
Speaker 2: concerned with.
3:51
Speaker 1: So maybe just maybe they.
3:54
Speaker 2: Understand that, and this could get clarity into play quickly.
3:57
Speaker 2: And I imagine once clarity is into play, you're going
3:59
Speaker 2: to see a ton of things moving very fast into
4:03
Speaker 2: the market. Here we go, this is actually not a
4:06
Speaker 2: very statement. This of course, is bit wise in their
4:08
Speaker 2: prediction because they are all set for Bitcoin, ether and
4:12
Speaker 2: soul hitting all time highs and all of this is
4:14
Speaker 2: really centered around market clarity, and if we get it,
4:17
Speaker 2: it's going to happen.
4:18
Speaker 1: Let's go to a clip real quick. This will explain
4:21
Speaker 1: a little bit more. Take a look.
4:23
Speaker 4: The Clarity Act passing would be like a starter's gun
4:26
Speaker 4: for eth and Soul to run into trillions of dollars
4:29
Speaker 4: of value. And I think you're going to see just
4:31
Speaker 4: an incredible explosion if we don't get it. I think
4:34
Speaker 4: it'll be a real negative shock to the ecosystem. It's
4:39
Speaker 4: really existentially important. I think we have better than even odds,
4:42
Speaker 4: but they're not at one hundred percent to some extent,
4:45
Speaker 4: it's hung up on how many limitations there are on
4:48
Speaker 4: white house activity in the crypto market, and that makes
4:52
Speaker 4: me worried.
4:53
Speaker 2: Remember though, that Trump is very tied into the eth
4:56
Speaker 2: ecosiic system, so that I don't know that it's not
4:59
Speaker 2: a matter of not getting it. It is a matter
5:01
Speaker 2: of probably giving up some things. One of the things
5:04
Speaker 2: that they're after is of course, allowing especially the Trump
5:08
Speaker 2: family to trade their tokens. That's kind of really the
5:12
Speaker 2: biggest problem that really started this whole thing. Probably would
5:15
Speaker 2: not have been an issue meaning the Clarity Act had
5:18
Speaker 2: Trump not actually done the Trump Token prior to all this.
5:21
Speaker 1: Because this would have cleared the way.
5:23
Speaker 2: Charles Hoskinson, Actually, this is something I agree with Charles
5:27
Speaker 2: on listen to this.
5:29
Speaker 5: We were all set up twenty twenty slides. We're all
5:32
Speaker 5: in rally. We in December of twenty twenty four. We're
5:36
Speaker 5: expecting about seventy Senators to vote for the Clarity Acts.
5:39
Speaker 5: It was not a controversial issue. The minute that Trump
5:42
Speaker 5: only got launched, it went from cryptos bipartisan to Crypto
5:46
Speaker 5: equals Trump equals back. So that wasn't helpful all. But
5:49
Speaker 5: then we were told, you know, stay silent about it,
5:52
Speaker 5: called a status bate. This should not have happened, Alanie issuance,
5:56
Speaker 5: hell shipdn't have happened. Ironically, Trump would have made more
5:59
Speaker 5: money because had you launched trump Coin after Clarity, they
6:02
Speaker 5: couldn't do anything about it, and it would have probably
6:04
Speaker 5: gotten to ten twenty billion dollars and had a whole
6:06
Speaker 5: ecosystem behind it. He could have milked that thing to
6:09
Speaker 5: the cows come home. But yeah, I know what asked me,
6:12
Speaker 5: all right.
6:12
Speaker 1: I agree with Charles there.
6:13
Speaker 2: I think if that was just a bad call, I
6:15
Speaker 2: think he had the wrong advisors in there to get
6:17
Speaker 2: this off the ground. Of course, the Digital Asset Treasury
6:22
Speaker 2: and along with the Digital Asset Company that the Trump
6:24
Speaker 2: family has put together maybe is looking at a longer
6:28
Speaker 2: play here outside the meme coin. But if you also
6:31
Speaker 2: consider the cycle, because this is another thing that plays
6:34
Speaker 2: into this.
6:35
Speaker 1: Matt Hogan had a little bit more to say about that.
6:37
Speaker 4: Take a look all the reasons you would believe the
6:40
Speaker 4: four year cycle it exists are either extraordinarily weak or
6:44
Speaker 4: actually negative. One is the having having is half as
6:48
Speaker 4: important every time it happened. The other is interest rate cycles.
6:51
Speaker 4: No one thinks they're going up in twenty six. The
6:54
Speaker 4: third is blow ups FTX Mount cox Icos. The blow
6:58
Speaker 4: up risk has been much reduced. The only other reason
7:00
Speaker 4: the four year cycle could exist that I can think
7:03
Speaker 4: of is chance. At the same time, you have these
7:07
Speaker 4: one time generational, massive forces of regulatory improvement and institutional adoption,
7:14
Speaker 4: and I think they'll just overwhelm whatever lingering tiny forces
7:19
Speaker 4: persist from the old four year cycle. They're just things
7:22
Speaker 4: that matter more now than having. I just don't see
7:25
Speaker 4: it in twenty twenty six. I think it's up into
7:26
Speaker 4: the right. There's too much institutional demand.
7:29
Speaker 2: Yeah, Okay, so I kind of agree with Matt what
7:31
Speaker 2: he's saying there. This is something I've argued before, is
7:33
Speaker 2: that the way that crypto is responding is completely different
7:37
Speaker 2: than we've seen in previous cycles, and I don't think
7:39
Speaker 2: it ever returns again in that way. And what I
7:42
Speaker 2: mean by that when he says up into the right,
7:43
Speaker 2: I don't think he's thinking parabolic moves. I think he's
7:47
Speaker 2: thinking like Wall streeters think, which is twenty thirty percent
7:51
Speaker 2: in a year, which is unbelievable gains and performance in
7:55
Speaker 2: most of these And he goes on to talk about
7:57
Speaker 2: this in what he thinks could happen, which is kind
8:01
Speaker 2: of the next generation.
8:02
Speaker 1: Of ETFs take a look.
8:04
Speaker 4: I love calling them ETF two point zero because of
8:07
Speaker 4: course ETFs were a disruptive technology when they were created
8:10
Speaker 4: in nineteen ninety three. They replaced effectively mutual funds. I
8:14
Speaker 4: think the next version of that is vaults. Someday we'll
8:19
Speaker 4: be sitting here talking about multiple trillions of dollars in vaults.
8:23
Speaker 4: I think it's that big of a deeal. We think large,
8:25
Speaker 4: high quality professional crypto managers will come into the space
8:29
Speaker 4: as curators, and this will be seen as an institutional
8:33
Speaker 4: way to get diversified exposure to yield or total return.
8:36
Speaker 4: With the Fear and GRED index at ten, bitcoin should
8:38
Speaker 4: have been minus sixty. It wasn't minus sixty because there's
8:42
Speaker 4: been twenty two billion dollars of institutional money of suit
8:45
Speaker 4: coiners to use the new crypto.
8:47
Speaker 6: Cerit coiners coming in and leaving this market, and those
8:52
Speaker 6: suit poiners are coming in force in twenty twenty six
8:55
Speaker 6: consistently lifting prices up.
8:58
Speaker 1: I agree with that. I'm telling the suit corners that's
8:59
Speaker 1: a good one. Matt.
9:00
Speaker 2: I have to give you kudos on that one, because
9:03
Speaker 2: I look at even our own channel metrics. It is
9:05
Speaker 2: not the It is not the crypto crowd that is
9:08
Speaker 2: starting to follow channels like ours. We are seeing traditional
9:12
Speaker 2: investors exploding now into the market. In to his points,
9:16
Speaker 2: sue coiners is what we are going to see. The
9:19
Speaker 2: point that he gets on with vaults, I totally agree,
9:22
Speaker 2: and it will be one of those technologies and or
9:25
Speaker 2: instruments that get leveraged out much like what ETFs did
9:29
Speaker 2: in the early nineties and exploding to where they are
9:31
Speaker 2: right now. Some of these dtfs, guys, remember you get
9:33
Speaker 2: in thirty forty fifty sixty percent gains on some of
9:37
Speaker 2: these in a twelve month cycle. Again, it's not a
9:39
Speaker 2: meme coin, I get it, but Unfortunately, I feel like
9:42
Speaker 2: some of those could be a little bit more at risk. Now,
9:45
Speaker 2: will there be an all coin I won't even call
9:47
Speaker 2: it a season. Well, there'll be some opportunities for all coins, yes,
9:49
Speaker 2: but they will be completely outside of the typical cycles
9:53
Speaker 2: that we have run before. Now, things to think about
9:57
Speaker 2: it that could inject liquidity into this is thinking about
10:01
Speaker 2: money on the sidelines. And I know everybody says I
10:03
Speaker 2: hate hearing about money on the sidelines. They ever got
10:05
Speaker 2: money on the sidelines. But this is more about private
10:08
Speaker 2: money on the sidelines, not necessarily has been injected into
10:13
Speaker 2: the economy and definitely not into the investment thesis. And
10:16
Speaker 2: you've got Paul Atkins talking about this. He goes into
10:20
Speaker 2: the roundtable and they were talking about privacy and why
10:24
Speaker 2: that was keeping crypto privacy and why that was keeping
10:27
Speaker 2: money on the sidelines.
10:28
Speaker 1: Listen to what he had to say.
10:30
Speaker 7: Well, regulators may have a voracious appetite for data. That
10:34
Speaker 7: proclivity is obviously incompatible with a free society that has
10:39
Speaker 7: made America great.
10:40
Speaker 8: Of the approximately what three hundred billion dollars of US
10:44
Speaker 8: dollar denominated stable coins, you got to think that some
10:47
Speaker 8: percentage of that wants more privacy, and there's a ton
10:50
Speaker 8: of stable coins that aren't on chain yet that would
10:52
Speaker 8: come on chain if there is privacy.
10:53
Speaker 1: So my mom called me a couple of days ago.
10:56
Speaker 5: She was real excited that she heard I was going
10:58
Speaker 5: to come talk here, and she said, I want you
11:00
Speaker 5: to tell them the following and how to z cash.
11:03
Speaker 1: Then you click the receive.
11:06
Speaker 8: Button, hit me up during the break, and I'll send
11:09
Speaker 8: you a thousandth of a z cash.
11:12
Speaker 2: That was an interesting clip because it shows you how
11:15
Speaker 2: far the market has come for z cash to be
11:18
Speaker 2: presenting in front of the sec bizarre times ahead. The roundtables, though,
11:22
Speaker 2: did not stop there. They actually talked a little bit
11:25
Speaker 2: about how privacy could be obtained within blockchain.
11:28
Speaker 1: Take a look.
11:29
Speaker 8: So this is what it looks like, just in case
11:31
Speaker 8: you want to see what some of the innovation and
11:33
Speaker 8: digital identity looks like. This is a test credential only
11:37
Speaker 8: and you're able to basically disclose the fields to the website.
11:42
Speaker 8: So in this example, you're going to use your state
11:44
Speaker 8: indoors digital identity to open a bank account. Basically, the
11:48
Speaker 8: old way to do it is upload these JPEGs of
11:51
Speaker 8: your documents right, and then someone reviews it and everything, right,
11:54
Speaker 8: But the new way is to just have a secure
11:57
Speaker 8: session where you're able to transmit the selectively disclosed fields.
12:01
Speaker 8: It could be using zero knowledge, letting the user choose
12:04
Speaker 8: which wallet it comes out of and have the optionality
12:07
Speaker 8: as to what they disclose or not, and when that
12:09
Speaker 8: gets sent over, there's a digital signature that cannot be
12:12
Speaker 8: forged by AI. You can choose what wallet you want
12:15
Speaker 8: to use for the experience, and you're able to see
12:18
Speaker 8: all the data before it goes out, who's getting it,
12:22
Speaker 8: what framework is it being released under, for example, Privacy
12:25
Speaker 8: framework in California or somewhere else. When you have privacy
12:28
Speaker 8: preserving digital credentials that are your driver's license, your W two,
12:33
Speaker 8: your birth certificates for your kids, all in one place
12:36
Speaker 8: that is not surveilled, and you can choose how to
12:38
Speaker 8: share it, right, you can really breeze through these processes
12:42
Speaker 8: without incurring the fraud risk. All right.
12:45
Speaker 2: So that's using ZK to zero knowledge to be able
12:49
Speaker 2: to do this, which is good technology.
12:52
Speaker 1: I don't know that this.
12:53
Speaker 2: Will equate to adoption because of the maybe the fear
12:58
Speaker 2: of this being a digital idea. I think the digital
13:00
Speaker 2: ID we've already started to see the pushbacks around the
13:02
Speaker 2: globe on this now, granted could have been implemented and
13:06
Speaker 2: created into society. Sure, I think though this would get
13:11
Speaker 2: a lot of pushback, especially in Congress going forward, so
13:13
Speaker 2: I don't know how that would play. SEC interesting that
13:16
Speaker 2: they're talking about this for sure. Let's go over to
13:19
Speaker 2: this point right here, because Paul Atkins basically said all
13:22
Speaker 2: markets we'll be on chain within the next couple of years.
13:26
Speaker 2: And I think the key here is timing. But imagine
13:30
Speaker 2: eight months, in ten months in from now what we
13:33
Speaker 2: will be seeing in terms of new instruments and also
13:36
Speaker 2: just in general innovation that will be coming down blockchain.
13:39
Speaker 2: I think clarity is much more important than everybody really understands.
13:43
Speaker 2: Now you look at what's happening over on the commerce.
13:46
Speaker 2: So this is Howard Lutnik, the Department basically published its new
13:51
Speaker 2: GDP data to hash on nine blockchains.
13:55
Speaker 1: That's pretty cool. The fact that we've.
13:57
Speaker 2: Actually got that there's the transaction has for Bitcoin eight.
14:00
Speaker 2: Soa a lot of same wallets here as I'm looking
14:02
Speaker 2: down through this, but probably got optimism Avalanche, Stellar Tron
14:06
Speaker 2: even in here. So it is very possible we could
14:08
Speaker 2: see more use case going into government that would help
14:12
Speaker 2: I think in general, especially when you want transparency, this
14:15
Speaker 2: is definitely one of the ways to do it. Now,
14:17
Speaker 2: let me go into what Lutnik is trying to do
14:20
Speaker 2: with this when it comes to the economic data.
14:23
Speaker 9: Take a look the first secretary who took data GDP
14:28
Speaker 9: data and put that data out on the blockchain. Now,
14:31
Speaker 9: I have a whole variety of bureaus under my authority.
14:37
Speaker 9: One of them is called the BA, the Bureau of
14:40
Speaker 9: Economic Analysis. That's what does GDP. It does a whole
14:43
Speaker 9: host of the numbers, and I'm going to get all
14:46
Speaker 9: of our numbers put out under the blockchain, and then
14:49
Speaker 9: I'm going to use the rest of these couple of
14:51
Speaker 9: years to try to get the rest of the government.
14:53
Speaker 9: I'm going to use the infrastructure and the technology that
14:56
Speaker 9: we've created to try to get the rest of the
14:59
Speaker 9: government to use the blockchain for their data distribution.
15:03
Speaker 2: All Right, I'm hoping that there's somebody a lot smarter
15:07
Speaker 2: than that behind him, because that was a bunch of
15:09
Speaker 2: words out. They're making sense of how they're going to
15:12
Speaker 2: actually use this in the future. We need to see
15:14
Speaker 2: real clear solutions. One of the things that breaks this
15:17
Speaker 2: down because I don't know that. A lot of people
15:19
Speaker 2: and I agree on this clip. This is Matt Hokan
15:22
Speaker 2: talking about that the market doesn't even comprehend yet what
15:26
Speaker 2: we're seeing coming out of the SEC.
15:28
Speaker 1: Take a look, frit, what are we even talking about?
15:31
Speaker 5: Right?
15:31
Speaker 4: This is the chairman of the SEC saying the tokenized
15:34
Speaker 4: stock market is going to one hundred thousand x in
15:37
Speaker 4: the next couple of years. The tokenized stock market today
15:40
Speaker 4: is six hundred and eighty million dollars. US stocks are
15:43
Speaker 4: sixty trillion dollars. I'll save you the math. That's one
15:46
Speaker 4: hundred thousand x bigger, all right.
15:48
Speaker 2: So what he's simply saying is it's going to be
15:50
Speaker 2: all stocks that will be on there.
15:52
Speaker 1: And that's the point.
15:53
Speaker 2: They're getting at sixty some trillion over the next couple
15:54
Speaker 2: of years, that's going to be seventy maybe eighty trillion,
15:56
Speaker 2: so it would actually be over that. Let's think about
15:59
Speaker 2: this on a global perspective, because stocks are going to
16:02
Speaker 2: be moving in a lot of different ways.
16:03
Speaker 1: This is Sony.
16:04
Speaker 2: This is the Japanese platform on sonium, and essentially if
16:08
Speaker 2: you look over here and kind of zoom in on that,
16:09
Speaker 2: you'll see X stocks. That's a familiar token ised stock platform.
16:12
Speaker 2: Right then you see US stocks and then right there
16:16
Speaker 2: japan stocks coming soon. So imagine you'rea able to interact
16:19
Speaker 2: with stock markets all over the world. So that's sixty
16:22
Speaker 2: seven trillion. That is the US stock market is going
16:25
Speaker 2: to be considerably larger when you start to add another
16:28
Speaker 2: one hundred and seventy countries out there further that could
16:32
Speaker 2: play into this whole market. Now, Grant and only ten
16:34
Speaker 2: are really going to matter in terms of the big
16:36
Speaker 2: markets for sure, but global liquidity is going to start
16:40
Speaker 2: to shift. One thing to consider here if you kind
16:43
Speaker 2: of look at where global liquidity has dipped and ebbed
16:45
Speaker 2: and flowed here, let me zoom in on this section
16:49
Speaker 2: right here, which is right around twenty eighteen right here,
16:52
Speaker 2: so you see global liquidity starts to spike right there.
16:55
Speaker 2: That's February of twenty nineteen. The spiking is happening. If
16:59
Speaker 2: you look further up up there, Bitcoin had not responded yet.
17:02
Speaker 2: It didn't respond until you start to move into that
17:06
Speaker 2: zone right there, which was April three months later. So
17:09
Speaker 2: that might be happening right now as we start to
17:12
Speaker 2: see global liquidity starting to move up again right here,
17:18
Speaker 2: going into the fall of this year and now where
17:21
Speaker 2: bitcoin is right now, so which is flat, this is
17:25
Speaker 2: maybe three months out. Is that where we start to
17:27
Speaker 2: see liquidity injection moving into the market.
17:30
Speaker 1: Bitcoin of course taking advantage of that, all right.
17:32
Speaker 2: So the worry that the banking industry has is how
17:36
Speaker 2: Clarity is going to potentially put more stress on regional
17:41
Speaker 2: banks and others. This is a good example right here.
17:43
Speaker 2: Banks earned four and a half percent almost on reserve
17:45
Speaker 2: park to the FED, but they pay you point zero
17:48
Speaker 2: one if you get that on your savings account. The
17:51
Speaker 2: fact that you're going to be able to get stable
17:52
Speaker 2: coins into two three four percent, which you're getting right
17:56
Speaker 2: now in most places, is going to be an absolutely
18:00
Speaker 2: landslide coming out of these banks. And that's the concern
18:03
Speaker 2: they have. It's the concern that they are most issued with.
18:08
Speaker 2: And I think that's why we've started to see the
18:10
Speaker 2: pushback from different lobbies with NBC, which is starting to
18:14
Speaker 2: create this device within what was a bipartisan agreement now
18:20
Speaker 2: starting to be a much more contentious vote on how
18:22
Speaker 2: clarity is going to go forward, and they're just using
18:25
Speaker 2: some of the Trump issues as a potential when in
18:28
Speaker 2: reality it is banks versus crypto, which is what it's
18:31
Speaker 2: always been, So just remember that it's always been that
18:34
Speaker 2: and I think it always will be. One thing that
18:36
Speaker 2: is going to happen with Clarity Act is a mass
18:38
Speaker 2: token burn event. To be included in this as a
18:42
Speaker 2: decentralized platform, you have to have less than twenty percent
18:45
Speaker 2: of the total units here. It is in the Clarity
18:47
Speaker 2: Act breaking it down that basically are created as a
18:51
Speaker 2: digital commodity. So this is going to push a lot
18:54
Speaker 2: of projects out there to move directly to try to
18:58
Speaker 2: get into that level. One of the ones that we're
19:01
Speaker 2: going to be keeping a look at, of course, is
19:03
Speaker 2: what's happening with UNISWAP. Just submitted unification proposal. We've been
19:08
Speaker 2: talking about this for quite some time. One hundred million
19:11
Speaker 2: in UNI are going to be burned. This is one
19:13
Speaker 2: of the core tenets of why they have been structuring
19:16
Speaker 2: around this. So UNISWAP may be one to watch as well.
19:20
Speaker 2: Pulling at number thirty just under World Liberty five, this
19:23
Speaker 2: is going to flip WLFI and the way they're going
19:27
Speaker 2: to do it if you look at what's happening within
19:29
Speaker 2: their current situation, look at this. This is right now
19:33
Speaker 2: volume twenty four. This is more than most of the
19:37
Speaker 2: top twenty tokens. Until you get really up here into
19:40
Speaker 2: suite and light cooin, we'll see UNISWAP I think, start
19:44
Speaker 2: to move up the charts. In general, the king of
19:46
Speaker 2: all burns would be XRP, and what I mean by
19:49
Speaker 2: that is Ripple would have to look at cutting down
19:52
Speaker 2: its large escro holdings to get into this area. One
19:56
Speaker 2: point they're hitting on Ripple plans to respond if regularly
19:59
Speaker 2: is require the company a hold less than twenty percent
20:01
Speaker 2: of XRP assets to qualify as a commodity. So either
20:04
Speaker 2: want to do one of the things two things. They're
20:06
Speaker 2: going to go public and they'll sell the XARP or
20:09
Speaker 2: they'll burn it. This could be huge for the Ripple
20:14
Speaker 2: and XARP community as well. A couple other clips I
20:17
Speaker 2: want to hit on real quick before we get out
20:19
Speaker 2: of here. This one is where we could see the
20:22
Speaker 2: need for crazy to return to the markets to see
20:26
Speaker 2: things that we've saw in the past in terms of
20:28
Speaker 2: these parabolic grunts.
20:30
Speaker 1: Take a look this cycle.
20:31
Speaker 10: It's really institutions, and I think that's why these Wall
20:34
Speaker 10: Street players, these Wall Street promoters are the ones who
20:37
Speaker 10: are really most influential. But I think to really to
20:40
Speaker 10: bring up the retail market. We need those people that
20:43
Speaker 10: really resonates with the retail people, right We need somebody
20:45
Speaker 10: yelling dynamic, you know, somebody crazy. And I think we're
20:48
Speaker 10: missing many of the crazy people this cycle, and I
20:51
Speaker 10: think that's why we're not bringing in the new retail
20:53
Speaker 10: crazy people. And I think that's what we need.
20:55
Speaker 1: Totally agree. We need more Vitellic tweeting, CZ tweeting and
20:58
Speaker 1: less of Larry Fink singing about you know.
21:01
Speaker 2: Total I agree totally with that is that you're going
21:05
Speaker 2: to need something dynamic in the retail market to kind
21:08
Speaker 2: of shake loose the retail traders because right now it
21:10
Speaker 2: is now a suit coiners game for sure. And of
21:14
Speaker 2: course one of the things you have to watch is
21:17
Speaker 2: what Yah Sue has said many times on our channel.
21:20
Speaker 1: Listen to this.
21:21
Speaker 11: Collectively, out coins is going to be outperforming Bitcoin, maybe
21:24
Speaker 11: up to ten or twenty times. It's the odd coins
21:26
Speaker 11: that are basically driving growth adoption. So by twenty six
21:30
Speaker 11: we think the space will be a ten trillion dollar market.
21:32
Speaker 11: And also we believe that crypto gaming is going to
21:34
Speaker 11: have its big moment next year. We were prefacing this
21:37
Speaker 11: on the launch of GTA six. You know, tokens mimic
21:40
Speaker 11: essentially sort of sentiment in the world. So if ai
21:43
Speaker 11: is hot, ai tokens are hot. If Trump is hot,
21:45
Speaker 11: trump token is hot, right, so if gaming is hot
21:47
Speaker 11: and gaming tokens are hot. Two And we were hoping
21:50
Speaker 11: it would happen this year, and then GTA six said, well,
21:53
Speaker 11: basically Rockstar said next year. Right, So now basically it's
21:57
Speaker 11: more like it's going to be may fingers crossed if
22:00
Speaker 11: GTA six does launch. We do think it's going to
22:02
Speaker 11: be a big revival for our space.
22:03
Speaker 1: GDA six has been a strong meme on social media,
22:07
Speaker 1: all right.
22:08
Speaker 2: That's one of our most fewed videos too, is our
22:11
Speaker 2: GTA six video that talks about tokenization or crypto coming
22:15
Speaker 2: to it.
22:16
Speaker 1: If it goes into.
22:17
Speaker 2: Gaming, Yes, it's going to revive web through gaming and
22:19
Speaker 2: gaming in general with crypto use in it. Then you
22:22
Speaker 2: have these big brands who are waiting on one thing.
22:25
Speaker 2: The McDonald's, the Taylor Swifts, the NFL, the Nikes of
22:29
Speaker 2: the world are looking for one thing. They're looking for clarity,
22:32
Speaker 2: which is what's being held up in DC right now
22:35
Speaker 2: to spur on an economic blowout. And I think that's
22:41
Speaker 2: what we will be seeing going into this next generation.
22:44
Speaker 2: So it's like the era of the Internet when you
22:46
Speaker 2: opened up the opportunity for big brands to finally figure
22:50
Speaker 2: out what was going on. That was when the Internet
22:53
Speaker 2: exploded and we saw those hockey stick moves to the right.
22:56
Speaker 2: That's going to happen right here, guys, make sure and
22:58
Speaker 2: do one thing. Get in our own private member group.
23:00
Speaker 2: You can do it for absolutely free. Put the link
23:02
Speaker 2: down below, and also follow me on as at Paul Baron.
23:05
Speaker 2: We'll catch you next time right here on The Paul
23:07
Speaker 2: Baron Show.