Latest / The Paul Barron Crypto Show / Gov Wants "Kill Switch" on Crypto!?🔥Tokenized Stocks Set To Explode!🚨

Transcript

Gov Wants "Kill Switch" on Crypto!?🔥Tokenized Stocks Set To Explode!🚨 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Could kill switch for Crypto be in the cards today.
• 0:02
  Speaker 1: We'll break it down for you guys. There is a
• 0:04
  Speaker 1: lot happening today that is impacting the markets. I do
• 0:08
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• 0:30
  Speaker 1: Let's get into a couple of points that are happening
• 0:32
  Speaker 1: right now. The Clarity Act is under siege, and of
• 0:35
  Speaker 1: course the question is whether or not the Senate Agbil
• 0:38
  Speaker 1: gets cleared through the house tomorrow, which is going to
• 0:41
  Speaker 1: be the day that everybody needs to understand. This is
• 0:44
  Speaker 1: when crypto is most likely going to move. Even though
• 0:47
  Speaker 1: we've got an FOMC today, I think we're all facing
• 0:51
  Speaker 1: big things tomorrow one way or the other. But right now,
• 0:54
  Speaker 1: Clarity Act holding at about fifty six percent, slightly up
• 0:58
  Speaker 1: but not much movement right now. Some other things that
• 1:01
  Speaker 1: are coming out within some of the reports is that
• 1:04
  Speaker 1: it's unclear of how many amendments will be taken up.
• 1:07
  Speaker 1: So though some are expecting the market to take around
• 1:09
  Speaker 1: two hours, Democrats are still publicly withholding support for the bill.
• 1:14
  Speaker 1: So think about that. Behind the scenes, there is a
• 1:17
  Speaker 1: lot of negotiations being done for sure. One of the
• 1:21
  Speaker 1: things though, that I think is going to impact this
• 1:24
  Speaker 1: is some of the insider trading that is clearly being done.
• 1:26
  Speaker 1: You've got Katie Britt violated the Stock Act. This of
• 1:30
  Speaker 1: course is two dozen late disclosures. Let's just show you.
• 1:34
  Speaker 1: Remember she's on the Banking Committee where Katie Britt was
• 1:38
  Speaker 1: making her trades. Right there it is JP Morgan boom
• 1:42
  Speaker 1: and of course JP Morgan flies up the charts. Oh
• 1:44
  Speaker 1: and there's Visa as well. Oh, Visa got pulled out
• 1:48
  Speaker 1: of the Clarity Act. These are the kind of things
• 1:50
  Speaker 1: that are happening guys right now in the Senate. This
• 1:54
  Speaker 1: is a problem because of course you're dealing with this
• 1:57
  Speaker 1: right here, JP Morgan, Chase. Look how any of these
• 2:00
  Speaker 1: holders fifty one politicians right now? This of course over
• 2:04
  Speaker 1: on capital trades, you can find all this data, it's
• 2:07
  Speaker 1: available to you. They are very tied to the banking industry.
• 2:11
  Speaker 1: Hence why we have such a major pushback from the
• 2:14
  Speaker 1: banking industry on the Clarity Act, all centered around stable
• 2:18
  Speaker 1: cooin yield, while the banks are go over and getting
• 2:21
  Speaker 1: influence on our politicians clearly via these trades. Now you
• 2:26
  Speaker 1: have the SEC in the crosshairs where Citadel and of
• 2:30
  Speaker 1: course JP Morgan rated the SEC on Tuesday to raise concerns.
• 2:34
  Speaker 1: Guess what about what's happening right now about the pro
• 2:38
  Speaker 1: crypto agenda And part of this I think was triggered
• 2:41
  Speaker 1: by the Senate agbail which may have signs of getting
• 2:45
  Speaker 1: through the House, and of course if that happens, a
• 2:47
  Speaker 1: lot more pressure on the banks. And remember SIFMA, which
• 2:51
  Speaker 1: was also part of this. This is the voice of
• 2:53
  Speaker 1: the securities industry, all right. I just want to go
• 2:55
  Speaker 1: down and see who's on.
• 2:57
  Speaker 2: The board at large.
• 2:58
  Speaker 1: Oh oh, look at that more banks, banks upon banks
• 3:02
  Speaker 1: upon banks. Yes, they're over there at the SEC right
• 3:06
  Speaker 1: now basically staking their case of that they are about
• 3:09
  Speaker 1: to lose the monopoly that they have held on pillaging
• 3:13
  Speaker 1: the American investors for decades. And of course everybody's going
• 3:17
  Speaker 1: to be watching this, guys. You watch It's going to
• 3:19
  Speaker 1: be a big deal going forward. One of the major
• 3:22
  Speaker 1: components in the bills, of course, is token is securities stocks.
• 3:27
  Speaker 1: You look at the amount of control that now is
• 3:30
  Speaker 1: being looked at for token is securities. Well, most of
• 3:32
  Speaker 1: the time that's been in companies outside of the corporate regulators.
• 3:37
  Speaker 2: That is about to change.
• 3:38
  Speaker 1: The DTCC is about to go full token I stocks
• 3:42
  Speaker 1: being able to issue them.
• 3:44
  Speaker 2: Watch this clip.
• 3:45
  Speaker 3: So DTCC is really leaning in on interoperability standards. If
• 3:49
  Speaker 3: I have a blockchain wallet and I've got thirty two
• 3:52
  Speaker 3: tokens in it, that's nice. I can interact with and
• 3:56
  Speaker 3: transact with those tokens freely. This is based on and
• 4:00
  Speaker 3: ERC like equivalents standards on how the tokens are transacted
• 4:05
  Speaker 3: and controlled, and how wallets are registered and operated, and
• 4:09
  Speaker 3: to exhibit interoperability in the way that we execute from
• 4:12
  Speaker 3: a technology perspective.
• 4:17
  Speaker 1: All right, he said some good things there, with exception
• 4:21
  Speaker 1: of a couple of words that I didn't like. One
• 4:23
  Speaker 1: was the ERC like, so are they using a different
• 4:27
  Speaker 1: technology when you look at this tweet right here by
• 4:30
  Speaker 1: the GC over at VITA, And we talked about this
• 4:34
  Speaker 1: before but what she was getting at was this and
• 4:37
  Speaker 1: that the DTCC is getting into the business of tokenizing
• 4:41
  Speaker 1: equities and this is directly competing with crypto native companies
• 4:45
  Speaker 1: like Securitized, Superstate, etc.
• 4:47
  Speaker 2: This could get interesting, very interesting.
• 4:50
  Speaker 1: I agree with her of how this plays out, because
• 4:53
  Speaker 1: this is the government getting into tokenizing securities and what
• 4:58
  Speaker 1: this might look like coming down the pipeline.
• 5:00
  Speaker 2: Is going to be huge.
• 5:02
  Speaker 1: Remember that there has been a couple of things that
• 5:05
  Speaker 1: we've always been concerned about. One of course, has been
• 5:07
  Speaker 1: circuit breakers. We've seen him in the past. A Manituminelli
• 5:10
  Speaker 1: from the DeFi Education five. We had her on the
• 5:12
  Speaker 1: show last week and they were in the midst of
• 5:15
  Speaker 1: starting to really read through the Senate Act. But what
• 5:18
  Speaker 1: was concerning to her and the team their researchers was
• 5:23
  Speaker 1: that there was a kill switch in here. And this
• 5:25
  Speaker 1: of course has been done before. This, of course, is
• 5:27
  Speaker 1: talked about the Nomad hack. What you have is a
• 5:30
  Speaker 1: whistleblower here that is revealed that the FTC has a
• 5:33
  Speaker 1: policy in line what they're trying to do now, and
• 5:36
  Speaker 1: that is to put a kill switch into crypto.
• 5:40
  Speaker 2: This of course would go directly into defive. This is
• 5:42
  Speaker 2: a huge.
• 5:43
  Speaker 1: Issue, especially by the FTC if this were to get
• 5:46
  Speaker 1: enacted this of course right here was Vlad. Remember this
• 5:50
  Speaker 1: is a five year postgame stop. What he said though today,
• 5:54
  Speaker 1: because this is the anniversary, is that hopefully it's never
• 5:57
  Speaker 1: going to happen we can ensure that it never happens again.
• 6:00
  Speaker 1: A couple of points he highlighted Iehet edited down in
• 6:02
  Speaker 1: here is we're planning to unlock twenty four to seven
• 6:05
  Speaker 1: trading and DeFi access, which will allow investors to self
• 6:09
  Speaker 1: custody their stock tokens and the possibility of lending and
• 6:12
  Speaker 1: staking and more so, you know DeFi and how it works.
• 6:15
  Speaker 1: Robinhood has already enabled this in Europe. Do they know
• 6:18
  Speaker 1: something around what's going to happen with senatet ag They
• 6:21
  Speaker 1: maybe influencing that through what their DC connections are doing.
• 6:26
  Speaker 1: Does this get things going for robin Hood here in
• 6:28
  Speaker 1: the United States when it comes to token ised securities?
• 6:31
  Speaker 1: This is all the way back in January of twenty
• 6:33
  Speaker 1: twenty one, forty four different circuit breakers were halting trading
• 6:37
  Speaker 1: in the first two hours this course was Robinhood and
• 6:39
  Speaker 1: Schwab were both the ones being hitting.
• 6:42
  Speaker 3: Now.
• 6:42
  Speaker 1: The reason that's important is because that damaged robinhood in
• 6:45
  Speaker 1: a big way. I think it may have kept them
• 6:47
  Speaker 1: away from maybe becoming the de facto crypto platform because
• 6:52
  Speaker 1: of what happened with the GameStop scenario. So as you
• 6:54
  Speaker 1: can see, this would not be I think a good
• 6:57
  Speaker 1: action for where the FTC is trying to go. It's
• 6:59
  Speaker 1: going to end up put pushing people into DeFi deeper.
• 7:02
  Speaker 1: And of course with Jupiter now tied into Ondo, you're
• 7:06
  Speaker 1: able to get two hundred plus token ised stocks on
• 7:09
  Speaker 1: this and this is right now, no KYC. This is
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  Speaker 1: the thing that I think people are missing, and this
• 7:15
  Speaker 1: is going to push this next generation investor into a
• 7:20
  Speaker 1: complete black hole of where trad five maybe never realized
• 7:25
  Speaker 1: most of these investors are intending to go in the
• 7:28
  Speaker 1: first place. Just to give an example of some of
• 7:30
  Speaker 1: the platforms out there, if you look at Jupiter just
• 7:32
  Speaker 1: been going up.
• 7:33
  Speaker 2: This is on the daily chart right there.
• 7:36
  Speaker 1: But my anticipation Jupiter wants this gets more awareness. Hype
• 7:40
  Speaker 1: on the other hand, starts doing perpetual contracts on gold
• 7:43
  Speaker 1: and silver. They of course are exploding as well. This
• 7:46
  Speaker 1: means a lot because it starts to affect the RBA
• 7:49
  Speaker 1: markets around token ised securities and of course, remember there
• 7:53
  Speaker 1: was a couple of things that just happened here recently.
• 7:55
  Speaker 1: One was there was a massive spike in RWA's Now
• 8:00
  Speaker 1: does that mean that we realize that or maybe they
• 8:03
  Speaker 1: realize that we're going to see the Senate agbuil get through,
• 8:06
  Speaker 1: and we're already starting to see people setting up for this.
• 8:09
  Speaker 1: On another note, if you look at the league table
• 8:12
  Speaker 1: right here, Ono and x stocks of course are winning
• 8:16
  Speaker 1: basically overboard.
• 8:18
  Speaker 2: This is already.
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  Speaker 1: Starting to go over a billion in terms of total value,
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  Speaker 1: dwarfing what Securitize is doing. So this may be a
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  Speaker 1: problem for securitized and the big winner. If you scroll
• 8:30
  Speaker 1: up a little bit and take a look on total
• 8:32
  Speaker 1: value of token is stock metrics, then of course you
• 8:34
  Speaker 1: see Solana starting to make its move, and this, of
• 8:37
  Speaker 1: course we see just with what's happening on Jupiter, things
• 8:41
  Speaker 1: are going to get heated here, guys, very quickly. Speaking
• 8:45
  Speaker 1: of another big one to watch this, of course is Avalanche.
• 8:48
  Speaker 1: So Galaxy put Avalanche's total RBA distribution to over one
• 8:53
  Speaker 1: point three billion. Give an example of some of these
• 8:55
  Speaker 1: that are going to be waiting on the sideline to
• 8:57
  Speaker 1: essentially get activated quickly. Once we see Clarity come through
• 9:02
  Speaker 1: or the Senate agbill, and of course that'll have a
• 9:05
  Speaker 1: big deal because remember.
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  Speaker 2: Let's look right here.
• 9:07
  Speaker 1: You can kind of see there you go Avalanche holding
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  Speaker 1: at number five position, and that's not even with the
• 9:13
  Speaker 1: one point three billion coming in. So this would immediately
• 9:16
  Speaker 1: push Avalanche up the charts in terms of RWA opportunity.
• 9:21
  Speaker 1: So with that, what you've got here is Hunter Horsley
• 9:24
  Speaker 1: from bit wise, and he's talking about vaults. Okay, and
• 9:28
  Speaker 1: the reason that this is going to be they just
• 9:30
  Speaker 1: announced we're going to have them on next week to
• 9:31
  Speaker 1: talk about this, but this is going to be tokenized
• 9:34
  Speaker 1: securities starting to move their way into vaults. Be on
• 9:37
  Speaker 1: the lookout, guys, this will be huge. And look at this.
• 9:40
  Speaker 1: I mean we're not talking about just securities. We're talking
• 9:43
  Speaker 1: about funds, ETFs, indexes, money markets, all of this potentially
• 9:48
  Speaker 1: going into vaults. So TRADFI is screwed, I think is
• 9:53
  Speaker 1: for sure. Let's not forget because one other things you
• 9:55
  Speaker 1: get to look at is stable coins. Stable Coin is
• 9:57
  Speaker 1: now critical to the future of finance. If you can
• 10:00
  Speaker 1: compare this to what's happening over on Visa MasterCard, thirty
• 10:02
  Speaker 1: three trillion in settlement versus what we're going to see
• 10:06
  Speaker 1: coming in stable coins, I think will dwarf what's happening
• 10:09
  Speaker 1: on Visa master Card. And it's just the beginning, guys,
• 10:11
  Speaker 1: this is just the beginning for the future of payments.
• 10:14
  Speaker 1: Thirty nine percent of US merchants now already accepting crypto
• 10:18
  Speaker 1: at checkout. Eighty four percent believe crypto payments are going
• 10:20
  Speaker 1: to become common in five years. I think that's going
• 10:23
  Speaker 1: to be faster than five years, and I think it's
• 10:25
  Speaker 1: going to be higher because the minute that retail merchants
• 10:29
  Speaker 1: figure out they can use stable coins and in most
• 10:32
  Speaker 1: cases save on that merchant fee. This is not even
• 10:36
  Speaker 1: a question of if it's a matter of how fast
• 10:39
  Speaker 1: they migrated into their entire retail system. Other things that
• 10:43
  Speaker 1: are happening that I think are pushing a lot of
• 10:46
  Speaker 1: the world away from trad fi is what's happening around taxes.
• 10:50
  Speaker 2: Because this is a big deal because the.
• 10:52
  Speaker 1: RS is forcing Coinbase and Robinhood essentially to sell you out,
• 10:57
  Speaker 1: and the idea is they're going to continue to put
• 10:59
  Speaker 1: these ten ninety nine das, which most likely is going
• 11:03
  Speaker 1: to cause flags into the IRS. This means audits. This
• 11:07
  Speaker 1: is the kind of situation that we're going to see.
• 11:09
  Speaker 1: And you know what's going to happen here because they're
• 11:11
  Speaker 1: inaccurate first place, and when the IRS starts to understand
• 11:15
  Speaker 1: this and all the retail consumers start to understand what's
• 11:18
  Speaker 1: going on, I think you're going to have a huge
• 11:21
  Speaker 1: move out of centralized exchanges. Unfortunately, because of what we're
• 11:25
  Speaker 1: seeing in other markets. Now, don't forget precious metals play
• 11:29
  Speaker 1: into this too, Gold and silver now, River hyper Liquid
• 11:32
  Speaker 1: just announced this today. Big deal because this is bringing
• 11:35
  Speaker 1: commodities on chain and all of this is going to
• 11:38
  Speaker 1: be tradable. Twenty four to seven starts to move in
• 11:40
  Speaker 1: a completely different dynamic. The game is over. It's just
• 11:44
  Speaker 1: a matter of time. You can bet your bottom dollar
• 11:48
  Speaker 1: on that. Speaking of bottom dollars, let's go to gold
• 11:50
  Speaker 1: right here, Tether, this is Polo saying what we will
• 11:54
  Speaker 1: become the gold central bank in a post dollar world.
• 11:57
  Speaker 2: We already know.
• 11:57
  Speaker 1: I mean, they continue to fly to the charts in
• 11:59
  Speaker 1: turn of the amount of gold they're holding XAUT. If
• 12:03
  Speaker 1: you think about where they are going, let's take a
• 12:05
  Speaker 1: look right now. XAUT quite possibly could easily catapult in
• 12:10
  Speaker 1: the next maybe six months to a top ten token.
• 12:14
  Speaker 1: If we continue to see these metals move and tokenize
• 12:17
  Speaker 1: gold and silver becoming a thing in terms of traders,
• 12:20
  Speaker 1: which will take it into DeFi and start to change
• 12:23
  Speaker 1: the way it's done.
• 12:24
  Speaker 2: And of course you look at Paxo's cold kind of
• 12:26
  Speaker 2: leading the way.
• 12:26
  Speaker 1: But the real number is this one right here, one
• 12:28
  Speaker 1: hundred and ninety four thousand holders. My guess is this
• 12:31
  Speaker 1: could go over to a million very quickly if we
• 12:33
  Speaker 1: see a parabolic move. Big things ahead. Guys, be watching
• 12:37
  Speaker 1: because tomorrow is the day to watch. Who is going
• 12:40
  Speaker 1: to be the big winner here. It's going to be ethereum,
• 12:43
  Speaker 1: and that is because we are going to see tokenized securities,
• 12:46
  Speaker 1: tokenized RWA. Everything is moving on chain tomorrow. If the
• 12:51
  Speaker 1: senadad goes through. You can kind of see the hourly
• 12:54
  Speaker 1: chart right here. Nice a little move from twenty eight
• 12:56
  Speaker 1: hundred up above three thousand. As we are trading on
• 12:59
  Speaker 1: Ethereum today, So make sure and stick around for more
• 13:02
  Speaker 1: like this. We're gonna be covering a lot this week.
• 13:04
  Speaker 1: It's gonna be good. If you like this video, like
• 13:13
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• 13:18
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