Latest / The Paul Barron Crypto Show / Shutdown Crash Imminent?🔥Crypto Market Update📉

Transcript

Shutdown Crash Imminent?🔥Crypto Market Update📉 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: The government shutdown is starting to wreck crypto in a
• 0:02
  Speaker 1: big way. But other markets are starting to get hit
• 0:05
  Speaker 1: as well. We'll talk about Russia and also tariffs going
• 0:08
  Speaker 1: into Canada. How that is all playing out. Let's get
• 0:10
  Speaker 1: into it. I do want to thank our sponsor and
• 0:12
  Speaker 1: that is I Trust Capital. When times are like this,
• 0:15
  Speaker 1: this is where you start to lock away your assets
• 0:19
  Speaker 1: and look for better days. And the way to do
• 0:21
  Speaker 1: that is get into a CRYPTOIRA. You can do that
• 0:23
  Speaker 1: over at I Trust Capital. Get into both crypto as
• 0:27
  Speaker 1: well as gold and silver. A ton of assets available
• 0:30
  Speaker 1: over there to start locking in your IRA, which is
• 0:34
  Speaker 1: a long term investment strategy that everybody should have as
• 0:37
  Speaker 1: part of your portfolio without a doubt.
• 0:40
  Speaker 2: Use our link down below.
• 0:41
  Speaker 1: It doesn't help you get started, and you get a
• 0:43
  Speaker 1: one hundred dollars funding reward if you do set up
• 0:45
  Speaker 1: an account.
• 0:46
  Speaker 2: So do that and get going.
• 0:48
  Speaker 1: Let's go over and lead off with awesome issues in
• 0:51
  Speaker 1: the market right now. Massive crashes are underway. Three point
• 0:54
  Speaker 1: six trillion now wiped out in ninety minutes, Silver is
• 0:56
  Speaker 1: dumped eight and a half and erased four hundred billion
• 0:59
  Speaker 1: FI its market cap. You got the SNP following one
• 1:02
  Speaker 1: down six hundred and twenty billion, and then Nasdaq comes
• 1:05
  Speaker 1: in with one point six down, another six hundred billion
• 1:09
  Speaker 1: coming in. Munch Ado Crypto comes in at three percent,
• 1:14
  Speaker 1: wiping out seventy billion.
• 1:15
  Speaker 2: So you can see.
• 1:17
  Speaker 1: All markets right there in the red right now as
• 1:20
  Speaker 1: we are leading in to a tear of standoff with
• 1:24
  Speaker 1: I think the White House, and a lot of that
• 1:26
  Speaker 1: is coming because we are looking at pressure across the
• 1:29
  Speaker 1: markets in general. One other thing when you consider where
• 1:31
  Speaker 1: the market is, you got to look at Bitcoin. Some
• 1:33
  Speaker 1: of the pressures on Bitcoin right now is where El
• 1:36
  Speaker 1: Salvador is currently roughly three hundred million, exposing risk of
• 1:39
  Speaker 1: President Buchley's crypto bat and of course part of this
• 1:42
  Speaker 1: will be because of the pressure from this IMF loan
• 1:45
  Speaker 1: at one point four billion. This of course could put
• 1:48
  Speaker 1: a lot of pressure on Boukley to sell, so be
• 1:52
  Speaker 1: on the lookout for that.
• 1:52
  Speaker 2: What would happen do you.
• 1:53
  Speaker 1: Guys think to bitcoin if El Salvador started selling bitcoin? Also,
• 1:58
  Speaker 1: the big issue right now facing I think the tariff
• 2:01
  Speaker 1: pressure that's causing an imposing crash on the market is
• 2:05
  Speaker 1: what's happening right now on the US House, which passed the.
• 2:08
  Speaker 2: Bill to go to the Senate.
• 2:09
  Speaker 1: This of course, will basically outlaw Trump's tariffs on Canada.
• 2:14
  Speaker 1: The way it works, though, it goes to the Senate.
• 2:16
  Speaker 1: If it passes the Senate, it goes back to the House,
• 2:18
  Speaker 1: and it has to get a majority. So if it
• 2:21
  Speaker 1: has to win a majority, then that means most of
• 2:24
  Speaker 1: those House members would have to defy the president. And
• 2:28
  Speaker 1: he put out a warning here any Republican in the
• 2:30
  Speaker 1: House or the Senate who votes against this is seriously
• 2:32
  Speaker 1: going to suffer the consequences. Basically, he is talking about primaries.
• 2:37
  Speaker 1: This of course leads into the day that we consider
• 2:41
  Speaker 1: the Big Day, and that of course is coming up
• 2:43
  Speaker 1: in the midterms. All of this is going to play
• 2:45
  Speaker 1: out in the midterms, and it's getting hotter and hotter
• 2:48
  Speaker 1: as we speak.
• 2:50
  Speaker 2: You can kind of see the.
• 2:51
  Speaker 1: House votes right there to overturn the Trump It was
• 2:53
  Speaker 1: two nineteen to two eleven, pretty close, but still six
• 2:57
  Speaker 1: Republicans joined the Democrats to pass this. So let's just
• 3:00
  Speaker 1: know that right now, guys, that's the six right there
• 3:03
  Speaker 1: that did it. Other topics I want to hit on,
• 3:05
  Speaker 1: of course, was the news on Russia and the United States.
• 3:08
  Speaker 1: Russia is considering moving back to the US dollars part
• 3:11
  Speaker 1: of a wide ranging economic partnership with Trump. This will
• 3:14
  Speaker 1: include a ton of things, joint investments. We're talking about
• 3:17
  Speaker 1: fossil fuels, this is of course Russia's strong point, offshore
• 3:20
  Speaker 1: oil and critical raw materials. That's a big one as well.
• 3:23
  Speaker 1: And then of course this aligns very interestingly because you've
• 3:27
  Speaker 1: got two of the biggest powers now that may have
• 3:31
  Speaker 1: a deal to support the dollar, where China is actually
• 3:35
  Speaker 1: going the other way. So kind of interesting in terms
• 3:37
  Speaker 1: of the global politics, especially when it matters of the
• 3:40
  Speaker 1: big titans that really run the world. US dollar is
• 3:44
  Speaker 1: testing a fifteen year support.
• 3:46
  Speaker 2: It's now or never. This is maybe a good sign.
• 3:49
  Speaker 1: Maybe this was the antithesis of why we started to
• 3:52
  Speaker 1: see this deal being done. Then, of course you have
• 3:55
  Speaker 1: the world uncertainty and next surging past our twenty twenty
• 3:58
  Speaker 1: pandemic highs. Well, just don't know what to expect right
• 4:02
  Speaker 1: now coming out of the US and everything that they
• 4:04
  Speaker 1: are doing, because it is a scenario where a lot
• 4:07
  Speaker 1: of ores are in the water. Crazy moves are being
• 4:10
  Speaker 1: made all around, and of course it is affecting markets now,
• 4:14
  Speaker 1: and I think Trump might have some pressure maybe for
• 4:17
  Speaker 1: the first time, especially from Wall Street, because remember it's
• 4:19
  Speaker 1: been up only for almost his entire term, at least
• 4:21
  Speaker 1: on this side, with exception of Crypto, which has been down, down, down.
• 4:26
  Speaker 1: So understand that US layoffs are skyrocketing. This is excluding
• 4:31
  Speaker 1: the governments, excluding the government, and this of course is
• 4:35
  Speaker 1: talking about their third highest month for job cuts since
• 4:38
  Speaker 1: twenty twenty. So this is another problem. I thought we
• 4:41
  Speaker 1: might see slowing in the job market. I am getting
• 4:44
  Speaker 1: more concerned that this may be the beginning of a
• 4:48
  Speaker 1: much greater cut as we start to look into later
• 4:50
  Speaker 1: this year, nonfound payrolls revised down. Also, you look at
• 4:55
  Speaker 1: previously reported jobs have been erased. Listen, you've heard me
• 4:59
  Speaker 1: say this before. Trust any of the data coming out
• 5:01
  Speaker 1: of the government, and you can't. It's almost impossible. Anything
• 5:05
  Speaker 1: they report on seems to always be revised down. And
• 5:08
  Speaker 1: that's even when Biden was in. We've seen it all
• 5:11
  Speaker 1: through and now it's Trump. It's just a constant flow
• 5:13
  Speaker 1: of bs coming out of these government agencies. Let's go
• 5:17
  Speaker 1: over to this right here, because all of this is
• 5:20
  Speaker 1: going to depend and start to impose a little bit
• 5:22
  Speaker 1: of movement with the Fed.
• 5:24
  Speaker 2: Let's see how they react. Take a look.
• 5:25
  Speaker 3: Market price for two rate cuts this year. I think
• 5:29
  Speaker 3: it's a pretty good bet that the new chair will
• 5:32
  Speaker 3: come in and cut rates. I don't think that's a
• 5:35
  Speaker 3: big deal. I think that's an expectation of the market.
• 5:38
  Speaker 3: But beyond that is where the question is.
• 5:41
  Speaker 4: Look, I think the economic data does not support an
• 5:43
  Speaker 4: aggressive move down by the FED. Maybe one more and
• 5:48
  Speaker 4: then done. So I think the market thinking that worst
• 5:52
  Speaker 4: is going to come in and start it productivity campaign
• 5:55
  Speaker 4: to cut rates is I think maybe a little bit misguided.
• 5:58
  Speaker 4: The other point to know is people are sort of
• 6:01
  Speaker 4: misremembering history. The last time we had a productivity boom,
• 6:05
  Speaker 4: Alan Greenspan and his FED refrained from raising rates because
• 6:10
  Speaker 4: they thought the economy could run hotter than had been expected.
• 6:14
  Speaker 4: They did not start an aggressive cutting campaign. And so
• 6:17
  Speaker 4: I think people are sort of misremembering a little bit
• 6:19
  Speaker 4: of history. And perhaps I think boxing Kevin Morshin to
• 6:24
  Speaker 4: a place where he may not be able to deliver
• 6:26
  Speaker 4: a series of rate cuts behind the productivity story, nor
• 6:30
  Speaker 4: a serious rate touch behind a softening economy story.
• 6:33
  Speaker 1: Okay, so a couple of points there. He says one
• 6:35
  Speaker 1: and done. I say it's going to be more than that.
• 6:37
  Speaker 1: The pressure right now in jobs is going to be
• 6:39
  Speaker 1: the big one. It appears that we may have more
• 6:43
  Speaker 1: deflationary issues facing us well as well when it comes
• 6:47
  Speaker 1: to inflation. If inflation continues to move down and jobs
• 6:51
  Speaker 1: are moving up, now you run into a stagflation scenario. This,
• 6:54
  Speaker 1: I think is a big problem for the FED and
• 6:56
  Speaker 1: if we do and remember green Span was around when yes,
• 7:01
  Speaker 1: we had productivity boom, but we did not have the
• 7:03
  Speaker 1: kind of productivity boom that we could be facing now
• 7:06
  Speaker 1: with both AI and kind of the growth sector that
• 7:10
  Speaker 1: could still come out of this and put a lot
• 7:12
  Speaker 1: of pressure, continued pressure on the job market, which I
• 7:15
  Speaker 1: am kind of thinking this may be a little bit
• 7:17
  Speaker 1: of a canary in the coal mine when it comes
• 7:20
  Speaker 1: to the jobs. Let's go to another clip, because the
• 7:22
  Speaker 1: macro side of this is where it starts to get
• 7:25
  Speaker 1: a little bit dicey. Tom Lee goes in and kind
• 7:28
  Speaker 1: of says this out loud.
• 7:30
  Speaker 2: Take a look.
• 7:32
  Speaker 5: Yes, I think that macro is a little confusing for
• 7:35
  Speaker 5: investors at the moment because we not only have a
• 7:37
  Speaker 5: new FED chair that's announced and his policy stance isn't clear.
• 7:42
  Speaker 6: For the first time in history, the S and P
• 7:44
  Speaker 6: went from overbought to oversold back to overbought in a
• 7:47
  Speaker 6: week or less. Goldman's Tony Pascarello Tom says he can't
• 7:53
  Speaker 6: recall a time that was this noisy, this high velocity,
• 7:55
  Speaker 6: this wide open.
• 7:56
  Speaker 7: What about you?
• 8:00
  Speaker 2: Very confusing, Scott.
• 8:01
  Speaker 5: I think that there's things happening, but I think one
• 8:04
  Speaker 5: is really the bigger effect. I think the smaller effect
• 8:07
  Speaker 5: is that AI, as you know, has gone from being
• 8:10
  Speaker 5: this sort of driver of SMP earnings. Now the market
• 8:14
  Speaker 5: questioning is AI just wrecking tech so badly that it's
• 8:17
  Speaker 5: bad for the stock market. And also they're not buying
• 8:21
  Speaker 5: the data centers and hyperscalers anymore. They're actually trying to
• 8:24
  Speaker 5: buy the bullets, not the armies. Gold is now bigger
• 8:27
  Speaker 5: than the stock market, so I think as gold rises,
• 8:31
  Speaker 5: I think investors are wondering, you, do they really want
• 8:33
  Speaker 5: to use stocks as a store of value?
• 8:37
  Speaker 2: That's a big statement there.
• 8:38
  Speaker 1: Do they really want to use stocks as a store
• 8:40
  Speaker 1: of value?
• 8:41
  Speaker 2: If you have that?
• 8:42
  Speaker 1: And also the word confusion came up twice in that
• 8:45
  Speaker 1: I think Wall Street does not know how to deal
• 8:48
  Speaker 1: with this kind of volatility. The good thing is is
• 8:50
  Speaker 1: that you guys do if you're watching our channel, you've
• 8:53
  Speaker 1: been in crypto for a while, you understand volatility and
• 8:55
  Speaker 1: how to maximize on it. So this may change things
• 8:59
  Speaker 1: quite a bit for the way traditional Wall Street is
• 9:02
  Speaker 1: going to be investing in the future. Another thing that's
• 9:05
  Speaker 1: going to factor into this is going to be a
• 9:06
  Speaker 1: government shutdown, and that is going to happen. It looks
• 9:09
  Speaker 1: like we're going to have one right there on Valentine's Day,
• 9:11
  Speaker 1: holding it about to what ninety five percent chance, looks
• 9:14
  Speaker 1: like it's going to happen.
• 9:16
  Speaker 2: So get ready, guys.
• 9:17
  Speaker 1: This may just be the beginning that could cascade into
• 9:21
  Speaker 1: several other things. Because of one thing, government shuts down,
• 9:25
  Speaker 1: clarity stops dead inous tracks. That's going to have a
• 9:29
  Speaker 1: big factor and effect on crypto in general. Let's go
• 9:32
  Speaker 1: into this because Bloomberg talks about the shutdown and why
• 9:36
  Speaker 1: it will most likely happen.
• 9:37
  Speaker 2: To take a look.
• 9:38
  Speaker 7: Our view is very simple.
• 9:40
  Speaker 8: ICE and CBP should operate just like other law enforcement
• 9:43
  Speaker 8: agencies around the country. They should have body cameras, they
• 9:47
  Speaker 8: should have accountability.
• 9:48
  Speaker 7: They shouldn't be using.
• 9:49
  Speaker 8: Taxpayer dollars to terrorize our communities. That doesn't seem like
• 9:53
  Speaker 8: a heavy lift. We feel that that is important and
• 9:57
  Speaker 8: that's what we have been advocating if the White House
• 9:59
  Speaker 8: has different thoughts and they have legislative language, it would
• 10:02
  Speaker 8: be helpful if they shared that with us. You know,
• 10:04
  Speaker 8: we're hours away from a shutdown, so the clock is
• 10:07
  Speaker 8: ticking here. But unfortunately, I don't believe that this is
• 10:11
  Speaker 8: going to be a serious offer from them that we
• 10:15
  Speaker 8: can take up.
• 10:17
  Speaker 2: All right, so you have it.
• 10:19
  Speaker 1: The Dems are kind of on the fence here, and
• 10:22
  Speaker 1: I think that this statement kind of hits it on
• 10:24
  Speaker 1: the head right here. Democrats will be full if you
• 10:26
  Speaker 1: cave and approve the DHS funding, they'll be back and
• 10:29
  Speaker 1: worse than last time. Republicans keep showing you their hands,
• 10:32
  Speaker 1: so stop shaking it. I think the scenario is I
• 10:36
  Speaker 1: agree with that is I think that the Republicans will
• 10:38
  Speaker 1: continue to push on this. I do agree actually with
• 10:42
  Speaker 1: the Democrats in terms of what they're asking for, which
• 10:44
  Speaker 1: is basically, you know, no more of the harassment, just
• 10:47
  Speaker 1: do the job, get the bad guys out, take your
• 10:50
  Speaker 1: masks off.
• 10:50
  Speaker 2: I agree with that.
• 10:52
  Speaker 1: I get the safety behind it. But the problem is
• 10:55
  Speaker 1: is this is inside the United States, and I think
• 10:57
  Speaker 1: the narrative that it pushes onto the America people is
• 11:00
  Speaker 1: just negative. So The good thing is here is that
• 11:04
  Speaker 1: maybe they can come to a little bit of maybe
• 11:09
  Speaker 1: a little bit of an agreement here and get this
• 11:11
  Speaker 1: through and hopefully move this forward, because clarity to me
• 11:15
  Speaker 1: is critical right now. All right, So the clock is
• 11:17
  Speaker 1: ticking on Clarity, and of course all of this boils
• 11:20
  Speaker 1: down to the crypto bill getting through. The fate hinges
• 11:23
  Speaker 1: now on Trump's stable coin yields. I think on Trump
• 11:26
  Speaker 1: and stable coin yields, and I think this is the
• 11:27
  Speaker 1: factor right here, stable cooin yields. Rumors are that we
• 11:32
  Speaker 1: might have a little bit of an agreement coming out
• 11:34
  Speaker 1: of the White House meeting yesterday, But the crypto industry
• 11:38
  Speaker 1: views are diverging quite a lot here. In fact, you've
• 11:41
  Speaker 1: got anywhere from a twenty five to sixty percent range here.
• 11:43
  Speaker 1: But Ron Hammond been on our show quite a bit.
• 11:46
  Speaker 1: He's the head of policy over at Winter Mute. He's
• 11:48
  Speaker 1: saying only twenty five percent for twenty six to pass
• 11:51
  Speaker 1: in twenty six for clarity, So that's a big deal.
• 11:54
  Speaker 1: That would be huge if Clarity does not go through
• 11:57
  Speaker 1: this year. Let me know in the comments, guys, what
• 11:59
  Speaker 1: would that due to you? Would you step out of
• 12:02
  Speaker 1: crypto entirely would it be a great opportunity to buy
• 12:06
  Speaker 1: the dip and continue on because we've remember, we've operated
• 12:09
  Speaker 1: multiple markets without clarity in the past. How would you
• 12:12
  Speaker 1: play it out? Drop in some comments down below. Now
• 12:15
  Speaker 1: I want to go into this because this is another
• 12:17
  Speaker 1: pressure point on clarity that matters, and it's coming in
• 12:20
  Speaker 1: from the SEC.
• 12:21
  Speaker 2: Take a look for all that are watching. We want
• 12:25
  Speaker 2: to get this done. It's got to be done safely.
• 12:27
  Speaker 7: Since you've already addressed the fact that token ice.
• 12:29
  Speaker 9: Stocks are still the stocks, and the stock is a
• 12:31
  Speaker 9: stock is a stock.
• 12:32
  Speaker 2: How are we thinking about this?
• 12:33
  Speaker 7: What do you.
• 12:34
  Speaker 10: Petitional for smart contracts? So there are already developments out
• 12:39
  Speaker 10: there to incorporate into the token itself, AML and BSA
• 12:45
  Speaker 10: sort of concerns. This thirty six twenty three is on
• 12:50
  Speaker 10: the Ethereum blockchain is one example of that where people
• 12:56
  Speaker 10: are experimenting with things that are embedded.
• 12:59
  Speaker 9: We are okay, and I want to share my republic
• 13:02
  Speaker 9: colleges work.
• 13:02
  Speaker 2: On this as well.
• 13:03
  Speaker 5: Definitely want to get this right.
• 13:05
  Speaker 2: What do you think about self custody?
• 13:07
  Speaker 11: Should I be able to be a custodian of my
• 13:10
  Speaker 11: own digital assets?
• 13:11
  Speaker 7: Yes, I believe so.
• 13:12
  Speaker 10: I mean I think that you're you know, your writer
• 13:16
  Speaker 10: of your property should determine where it should be held.
• 13:19
  Speaker 11: A little troubling that during this entire hearing you haven't
• 13:23
  Speaker 11: thanked Gary Gensler for setting such a low bar for competence.
• 13:29
  Speaker 11: Let's I just urge my colleagues, so let's get this
• 13:33
  Speaker 11: bill across the finish line. The staff has spent thousands
• 13:37
  Speaker 11: to give you, thousands of hours getting this done, and
• 13:39
  Speaker 11: I think it's long overdue.
• 13:41
  Speaker 1: Yeah, we got to get Bernie on because he's definitely
• 13:45
  Speaker 1: got a full understanding of what's going on in the
• 13:47
  Speaker 1: market right now. That was Paul Atkins coming in from
• 13:49
  Speaker 1: the SEC Gensler's replacement, which he should thank him for that,
• 13:53
  Speaker 1: I would agree. But if you look at the Clarity
• 13:55
  Speaker 1: Act right now on poly market there it is sixty percent.
• 13:58
  Speaker 1: So maybe Paul add know something here and he understands
• 14:02
  Speaker 1: where the market is. He understands enough of around it.
• 14:04
  Speaker 1: You heard him mention Ethereum, there's a lot here. I
• 14:08
  Speaker 1: think that maybe people don't really completely put together as
• 14:13
  Speaker 1: the full puzzle of what this is going to do
• 14:15
  Speaker 1: for regular regulations in terms of the crypto market. It's
• 14:20
  Speaker 1: gonna happen, guys, It's just a matter of win. And
• 14:22
  Speaker 1: if all these shutdowns, remember you take away all these shutdowns,
• 14:25
  Speaker 1: this is probably already done.
• 14:26
  Speaker 2: So this is the.
• 14:27
  Speaker 1: Thing that we are facing right now. Standard Charter, though,
• 14:31
  Speaker 1: continues to downtrend on bitcoin. Bitcoin falling to fifty k
• 14:35
  Speaker 1: is what they see now, and around fourteen hundred for ethereum.
• 14:39
  Speaker 1: So let's look at the chart here, because they had
• 14:41
  Speaker 1: a couple of things. They had one hundred thousand bitcoin target,
• 14:45
  Speaker 1: which is further downgraded from the one to fifty that
• 14:48
  Speaker 1: was last December, and they had already cut that target
• 14:50
  Speaker 1: from three hundred k, all right, So they went from
• 14:53
  Speaker 1: three hundred to one fifty and then now to one hundred,
• 14:56
  Speaker 1: and you can kind of see here in the chart
• 14:58
  Speaker 1: literally everything has been cut over the next four or
• 15:02
  Speaker 1: five years. So you've got Solana bitcoinneighth in their XRP cut.
• 15:06
  Speaker 1: Everything's been cut considerably bnbn. Then, of course Avalanche just
• 15:10
  Speaker 1: shredded here all the way down to eighteen for twenty
• 15:12
  Speaker 1: twenty six and not much movement here. So do you
• 15:17
  Speaker 1: think that if we are and do not get a
• 15:20
  Speaker 1: clarity act, how long does this bear market last? Do
• 15:24
  Speaker 1: you think this is just the beginning? Does this become
• 15:26
  Speaker 1: a long term bear market two eighteen months to two years.
• 15:30
  Speaker 1: Let me know in the comments done there. Let's get
• 15:33
  Speaker 1: into this right here, because Matt Hogan says, don't worry
• 15:35
  Speaker 1: about it. I don't think it's going to last that long.
• 15:37
  Speaker 1: If you squint, you can probably start to see the
• 15:39
  Speaker 1: kind of things that will lead us out of the
• 15:40
  Speaker 1: bear market. I don't know about what Matt is doing
• 15:44
  Speaker 1: over there, but he is he's still very very bullish
• 15:48
  Speaker 1: on a bear market ending. I am not so bullish
• 15:51
  Speaker 1: on that. I think we still have down trend. There's
• 15:54
  Speaker 1: too much macro pressure here, too much uncertainty that is
• 15:58
  Speaker 1: absolutely getting the market's wrecked. I think there's going to
• 16:02
  Speaker 1: be some opportunities here for buying the dips, yeah, for sure.
• 16:06
  Speaker 1: But being able to see this narrative come out of
• 16:08
  Speaker 1: it is just not there. Hunter Horsley also bitwise says
• 16:11
  Speaker 1: the crypto narrative of this summer agents more announcements like this.
• 16:14
  Speaker 2: Will be coming.
• 16:16
  Speaker 1: I am not on the same wavelength as Hunter either.
• 16:20
  Speaker 1: I think agents will take some time to really get deployed.
• 16:22
  Speaker 1: Sure there will be some that get deployed out there,
• 16:24
  Speaker 1: but I hope that it does not go the way.
• 16:27
  Speaker 2: Of Web three, where we had Web three.
• 16:29
  Speaker 1: Hopium that was going to happen, and then everything literally
• 16:33
  Speaker 1: just imploded and all of the Web three companies in
• 16:35
  Speaker 1: software and gaming, all those things were impacted in a
• 16:37
  Speaker 1: big way. So do agents andenergentic start to get impacted
• 16:43
  Speaker 1: here with crypto, Let me play a clip for you
• 16:45
  Speaker 1: because this gets into cam Bitcoin outperform gold this year.
• 16:49
  Speaker 12: Take a look, Gold today has a forty one trillion
• 16:54
  Speaker 12: dollar total market value. Okay, that means it's bigger than
• 16:59
  Speaker 12: the S and P five hundred. Here, I'm highlighting that
• 17:02
  Speaker 12: just the intra day moving gold on January thirty first
• 17:06
  Speaker 12: was five point two trillion dollars. Okay, that's four times
• 17:11
  Speaker 12: the size of bitcoin itself. But here's the thing. Is
• 17:14
  Speaker 12: gold a good store of value? Forty eight percent of
• 17:17
  Speaker 12: the time. In the last fifty years, gold has not
• 17:21
  Speaker 12: stored value. It's done worse than inflation. And then since
• 17:25
  Speaker 12: bitcoin was created, Okay, bitcoin has only underperformed inflation five
• 17:32
  Speaker 12: months out of one hundred and sixty months, which means
• 17:35
  Speaker 12: three percent of the time. But in that same period
• 17:38
  Speaker 12: of time, gold underperformed inflation forty four percent of the time.
• 17:44
  Speaker 12: So again, I think you don't want to lose hope
• 17:46
  Speaker 12: in bitcoin. It's been a better store of value than gold,
• 17:49
  Speaker 12: even though gold has looked better in the past year.
• 17:51
  Speaker 12: So if you ask me in twenty twenty six, I
• 17:54
  Speaker 12: think gold is going to underperform bitcoin.
• 17:58
  Speaker 2: All right.
• 17:58
  Speaker 1: So from Tom Lee there you can kind of see
• 18:01
  Speaker 1: gold is starting to maybe reach its.
• 18:04
  Speaker 2: Top where we hold around five K.
• 18:05
  Speaker 1: Maybe that's the new top line in terms of its
• 18:08
  Speaker 1: floor or not. It's very possible we could still continue
• 18:12
  Speaker 1: to see pressure on this. If you listen to Andy Scheckman,
• 18:14
  Speaker 1: he talks about this all time because of the macro,
• 18:16
  Speaker 1: the pressure from countries and states getting away from treasuries.
• 18:19
  Speaker 2: And into gold.
• 18:20
  Speaker 1: If that continues to push on it, the dollar is
• 18:22
  Speaker 1: going to suffer and gold would continue to rise. Now,
• 18:26
  Speaker 1: does bitcoin become a new asset that can rotate in
• 18:30
  Speaker 1: versus a Tier one asset like gold. I just don't
• 18:33
  Speaker 1: know if this is the year for bitcoin to outperform gold.
• 18:36
  Speaker 1: Maybe I will be wrong. I'm just I'm not saying wrong.
• 18:40
  Speaker 1: I'm just saying I don't know if this will be
• 18:41
  Speaker 1: the year that it does it. Because it's so volatile
• 18:45
  Speaker 1: right now because of the dollar. I want to go
• 18:47
  Speaker 1: into a couple other points right here that Tom Lee
• 18:49
  Speaker 1: hit on. And just remember Tom Lee has put in
• 18:53
  Speaker 1: bottoms on Ether. I think three times. I can remember
• 18:57
  Speaker 1: one around twenty seven, then we got another twenty four.
• 19:00
  Speaker 1: These are from his analysts twenty four after we saw
• 19:03
  Speaker 1: bitcoin coming off three k like crazy, and then here
• 19:06
  Speaker 1: we are. Tom Demarc's signal is clear. Now he's pointing
• 19:11
  Speaker 1: at eighteen ninety. I think he is going to lower
• 19:14
  Speaker 1: this again, and this is only going to continue to
• 19:18
  Speaker 1: raise the stakes for what's happening over with BM and R.
• 19:21
  Speaker 1: Of course, one other clip I want to hit on
• 19:23
  Speaker 1: this is CNBC talking about crypto institutions and are they
• 19:27
  Speaker 1: insulated from this volatility.
• 19:29
  Speaker 9: Take a look, and truly behind closed doors, they're all
• 19:33
  Speaker 9: very optimistic. And you have to look at crypto and
• 19:36
  Speaker 9: you have to separate in a few different buckets. There's Bitcoin,
• 19:39
  Speaker 9: and we can debate the right price for bitcoin, but
• 19:42
  Speaker 9: not the fact that it's here to stay.
• 19:43
  Speaker 7: And then there's this.
• 19:45
  Speaker 9: Kind of element that I described to you of like
• 19:48
  Speaker 9: very high leverage speculative assets. Then there's stuff that's working,
• 19:53
  Speaker 9: really really.
• 19:54
  Speaker 7: Working, has utility in the world.
• 19:56
  Speaker 9: Think stable coins, think n chain financial applications, You may
• 20:00
  Speaker 9: be familiar with some of them, but like I'll pick
• 20:02
  Speaker 9: a UNI swap for example, And on the layer one blockchains,
• 20:05
  Speaker 9: layer one blockchains like Solana or layer one blockchains.
• 20:07
  Speaker 7: Like Ethereum, those are all working.
• 20:10
  Speaker 9: And then fourth and final is what's coming, and that's
• 20:12
  Speaker 9: this tokenization wave that everybody's preparing for. It's going to
• 20:16
  Speaker 9: be a twenty year wave. You would think as participation
• 20:20
  Speaker 9: has pulled back that stable coin balances would pull back.
• 20:22
  Speaker 7: No, not at all. Stable coins have state debts.
• 20:25
  Speaker 9: In fact, they've even gained one or two percent in
• 20:28
  Speaker 9: terms of market share. So stable coins are working. Tokenization
• 20:32
  Speaker 9: is also working. We talk a lot about.
• 20:35
  Speaker 7: It, Oh, is it gonna come? Is it gonna happen?
• 20:36
  Speaker 7: It's happening.
• 20:37
  Speaker 9: Where we're already seeing assets going chain US equities really
• 20:41
  Speaker 9: is the first big start money market funds all around
• 20:44
  Speaker 9: the world, and many many more coming here in twenty
• 20:46
  Speaker 9: twenty six.
• 20:47
  Speaker 1: Well stable to correct, stable coins are considerably more in
• 20:51
  Speaker 1: terms of growth.
• 20:53
  Speaker 2: Compared to where he has gone.
• 20:54
  Speaker 1: He is right in the sense that Wall Street continues
• 20:57
  Speaker 1: to be very bullish on this. But remember be bullish
• 21:00
  Speaker 1: when a market is trending down and you know that
• 21:04
  Speaker 1: the upside is so great of what blockchain is going
• 21:07
  Speaker 1: to bring to Wall Street. So I get that institutions
• 21:11
  Speaker 1: will continue to push on this. The thing that I'm
• 21:14
  Speaker 1: interested in is how is retail going to be inserted
• 21:16
  Speaker 1: into this? Where do they start to really play into this. Well,
• 21:19
  Speaker 1: mister Beast could be the way that this all happens,
• 21:23
  Speaker 1: because remember we talked about BM and R investing two
• 21:25
  Speaker 1: hundred million into mister Beast and what he's doing from
• 21:29
  Speaker 1: a finance company side, He's been doing a couple of acquisitions,
• 21:33
  Speaker 1: so right now it could be the next finance giant,
• 21:36
  Speaker 1: maybe for gen Z. That might be the entry point
• 21:39
  Speaker 1: for this next generation. And remember it's been done before.
• 21:42
  Speaker 1: It was done by Slat or excuse me, done by
• 21:44
  Speaker 1: Robinhood in the past. And if you look at Robinhood,
• 21:47
  Speaker 1: they're trying to go out and one up of what's
• 21:50
  Speaker 1: happening for the centralized exchanges around the social side. Remember
• 21:55
  Speaker 1: Coinbase just dumped their social platform out of base. Robinhood
• 21:59
  Speaker 1: here this they're going and doubling down on this. Vlad
• 22:03
  Speaker 1: comes in and says robin and Social is launching it
• 22:05
  Speaker 1: in a couple of weeks with whale tracking, so usually
• 22:07
  Speaker 1: can follow on copy trades. This would be interesting if
• 22:11
  Speaker 1: we start to see more activity on I'm curious, does
• 22:14
  Speaker 1: robinhood become a true new social five platform that you
• 22:18
  Speaker 1: would use? Would you use Robinhood if you had more
• 22:21
  Speaker 1: social fi applications that were inside the app itself.
• 22:25
  Speaker 2: Let me know if you would.
• 22:26
  Speaker 1: Does that become your centralized exchange for trading crypto because
• 22:31
  Speaker 1: there's a lot of challenges I've seen with it, and
• 22:34
  Speaker 1: maybe some of those things will be lifted here in
• 22:36
  Speaker 1: the future.
• 22:36
  Speaker 2: All Right, guys, we're going to cover this.
• 22:38
  Speaker 1: In a whole lot more so it's going to be
• 22:39
  Speaker 1: a very interesting week as we move into clarity very soon.
• 22:50
  Speaker 1: If you like this video, like and subscribe, drop a
• 22:53
  Speaker 1: comment down below, and also join our free private member group.
• 22:56
  Speaker 2: The link is in the description.