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Michael Saylor on Crypto SuperCycle!🚀$STRC Exploding on Solana & Ethereum🔥 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Michael Saylor is finally joining DeFi yes, I said that,
• 0:03
  Speaker 1: we'll break it down for you because it's very complicated
• 0:05
  Speaker 1: to understand this. But we've talked about this for a while.
• 0:09
  Speaker 1: Let's get into it. I do want to thank our sponsor,
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• 0:34
  Speaker 1: in bitcoins. So I mean, come on, guys, this is
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• 0:37
  Speaker 1: it now, all right? So I want to go into
• 0:38
  Speaker 1: a clip. This is Michael Sailor at the Bitcoin conference.
• 0:40
  Speaker 1: He's breaking down strc stretch. We had the CEO of
• 0:44
  Speaker 1: Strategy on just last week talking about this and a
• 0:48
  Speaker 1: lot of the advancements that this particular product has made
• 0:52
  Speaker 1: as a new financial instrument, and in reality, it's probably
• 0:55
  Speaker 1: one of the biggest fighters against a money market. Now
• 0:58
  Speaker 1: Sailor goes into what a bit of detail here. I
• 1:01
  Speaker 1: want to show you this clip real quick and then
• 1:02
  Speaker 1: we'll comment. Take a look.
• 1:03
  Speaker 2: Now, how can we tell the instrument grew to be
• 1:06
  Speaker 2: the largest preferred stock in the world within eight months.
• 1:10
  Speaker 2: Stretch is a simple thing to remember STRC. The other
• 1:14
  Speaker 2: stocks are c slash pn or POW dot pr dot E.
• 1:21
  Speaker 2: If you went and search for these, you wouldn't find
• 1:23
  Speaker 2: half of them. Some of them the ones that say
• 1:25
  Speaker 2: OTC it's illegal for you to buy them, and so
• 1:29
  Speaker 2: what's the result.
• 1:30
  Speaker 3: Nobody trades them.
• 1:31
  Speaker 2: All of the standard retail rails are supporting this. You
• 1:35
  Speaker 2: can buy it in ten seconds, so it's easy, and
• 1:38
  Speaker 2: we estimate three million households right now are benefiting from STRC.
• 1:44
  Speaker 2: STRC isn't just the biggest preferred it's actually the most
• 1:48
  Speaker 2: liquid preferred in the world.
• 1:50
  Speaker 3: In eight months.
• 1:52
  Speaker 2: Look who it's competing against, Wells, Fargo, Bank of America,
• 1:56
  Speaker 2: Fannie May, City, JP Morgan. It's twenty five I've x
• 2:01
  Speaker 2: more than the next best one and it's not a
• 2:04
  Speaker 2: year old. It's like Superman as a toddler, beating the
• 2:08
  Speaker 2: crap out of everybody. We've just did something which is
• 2:12
  Speaker 2: forty x bigger than the next biggest thing that's ever
• 2:16
  Speaker 2: been tried by anybody. And again we're not even one
• 2:19
  Speaker 2: year old. To the people backstage, the timer in front
• 2:22
  Speaker 2: of me is not working, so I may very well
• 2:25
  Speaker 2: go on forever if you don't turn the timer back on.
• 2:31
  Speaker 1: The conference was interesting because a lot of the events
• 2:34
  Speaker 1: did not have a lot of people there, but Sailor's event,
• 2:39
  Speaker 1: look at that that audience was absolutely packed. So this
• 2:43
  Speaker 1: is clearly showing the demand for Stretch. And I think
• 2:45
  Speaker 1: when we had their CEO on last week, he presented
• 2:49
  Speaker 1: a lot of very interesting cases of how this particular
• 2:52
  Speaker 1: product starts to change things. And the reason this is
• 2:55
  Speaker 1: important is because this could start to move into a
• 2:58
  Speaker 1: DeFi and we'll talk about that here in a second,
• 3:00
  Speaker 1: but I want to play a clip for you where
• 3:02
  Speaker 1: Sailor takes on and says, hey, what if a bank
• 3:05
  Speaker 1: were to get into this. Take a look.
• 3:07
  Speaker 2: Everybody would like a bank to pay them three times
• 3:10
  Speaker 2: more than they're being paid right now. It's it's not
• 3:12
  Speaker 2: even debatable, like which will be the first bank to
• 3:15
  Speaker 2: offer you a digital money account or digital yield account
• 3:19
  Speaker 2: that pays eight percent on your dollars. I mean, there's
• 3:21
  Speaker 2: not one bank in the world, but it only takes
• 3:24
  Speaker 2: one bank to decide, why don't we just give people
• 3:26
  Speaker 2: eight percent? And every bank in the world is literally
• 3:30
  Speaker 2: one regulatory approval away. They just got to go to
• 3:34
  Speaker 2: their banking regulator and get the sign off to offer
• 3:37
  Speaker 2: a digital yield account. And you're the bank that offers
• 3:40
  Speaker 2: eight percent instead of three percent, I don't know why
• 3:43
  Speaker 2: you wouldn't slurp up ten twenty fifty billion dollars.
• 3:46
  Speaker 3: And the same is true with the crypto exchanges.
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  Speaker 1: This is coming, guys, We're going to see more of this,
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  Speaker 1: and I think the point he's getting at is this
• 3:54
  Speaker 1: is going to attack the core center of the banking foundation,
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  Speaker 1: and that is the money market funds probably the most effective.
• 4:01
  Speaker 1: And even if you're looking at holding yield on stable
• 4:04
  Speaker 1: coins or are you're looking at money market funds, remember
• 4:07
  Speaker 1: the tax position on these are quite a bit different.
• 4:10
  Speaker 1: What I would invite you to do is go back
• 4:11
  Speaker 1: and watch the video that I did with fung Lei,
• 4:13
  Speaker 1: who is the CEO of Strategy, and we broke it
• 4:16
  Speaker 1: all down. There were some very good points he made.
• 4:19
  Speaker 1: Go back on the channel. Look at that, spend the
• 4:21
  Speaker 1: time to go really understand what they're trying to do here,
• 4:25
  Speaker 1: and you'll get an idea of where this is going.
• 4:27
  Speaker 1: Here's Patrick Witt. He is basically saying the ICBA is
• 4:31
  Speaker 1: doing its members a huge disservice over this issue because
• 4:34
  Speaker 1: this is another factor of where and just so you guys,
• 4:37
  Speaker 1: this is Independent Community Bankers of America. What they did
• 4:40
  Speaker 1: was a poll asking if people want yield. Of course
• 4:44
  Speaker 1: they worded it in a way that was like, yeah,
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  Speaker 1: of course you don't want yield, so just say no.
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  Speaker 4: No.
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  Speaker 1: The basic should be do you want me to ban
• 4:53
  Speaker 1: yield on your stable coins? It's yes or no. That's
• 4:56
  Speaker 1: an easy one. And of course Patrick Witt hits them
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  Speaker 1: again saying this is the problem that we're dealing with.
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  Speaker 1: Instead of committing continued lobbying malpractice, the ICBA should be
• 5:06
  Speaker 1: enthusiastically supporting the compromise that Senator Tillis and also Brooks
• 5:10
  Speaker 1: have reached, which addresses the issues of idle yield head on.
• 5:15
  Speaker 1: And that goes back to the point of the narratives
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  Speaker 1: that we have not seen and the language we have
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  Speaker 1: not seen out of Clarity Act is it is likely
• 5:23
  Speaker 1: that idle yield is going to be moved into something
• 5:27
  Speaker 1: that goes into active yield. So interesting times right now
• 5:31
  Speaker 1: because as we look at what STRETCH is doing, this
• 5:34
  Speaker 1: is just one company, one project out there doing tokenied
• 5:38
  Speaker 1: stretch right now. I want to go to a clip
• 5:40
  Speaker 1: here because this will break down a little bit where
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  Speaker 1: Michael Saylor says, here's where token I stretch could go.
• 5:46
  Speaker 1: Take a look.
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  Speaker 2: You're seeing tokenization taking place right now.
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  Speaker 3: How fast? You know, the charts out of date.
• 5:52
  Speaker 2: So this has gone from nothing to hundreds of millions
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  Speaker 2: of dollars. I think we'll probably go through a billion
• 5:58
  Speaker 2: dollars of AUM in the next four to eight weeks.
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  Speaker 3: So this is explosive.
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  Speaker 2: Industry downstream of STRETCH, and we're committed to helping everybody
• 6:08
  Speaker 2: that builds on top of SDRC. Right now, I think
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  Speaker 2: I see about a dozen projects that are going on
• 6:14
  Speaker 2: in this area. It's exploding and I and You're going
• 6:17
  Speaker 2: to see a lot of people in the DeFi ecosystem
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  Speaker 2: and they're going to loop these these eight percent coins
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  Speaker 2: five times to get to a thirty.
• 6:24
  Speaker 3: Percent yield or a forty percent.
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  Speaker 2: Yield, and then you can modify or program the liquidity
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  Speaker 2: from continuous to daily to weekly to monthly to quarterly
• 6:34
  Speaker 2: to annual. There are announcements about that that are just
• 6:38
  Speaker 2: coming out right now. There are companies that are going
• 6:40
  Speaker 2: to do that in the crypto ecosystem, and then they'll
• 6:43
  Speaker 2: be a bit of battle about are you going to
• 6:46
  Speaker 2: do this on ethereum or Solana, Are you going to
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  Speaker 2: do it on a Sea FI exchange or on base
• 6:50
  Speaker 2: or and then how many different DeFi protocols where you
• 6:53
  Speaker 2: link it to do.
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  Speaker 1: You guys, realize what he is saying right there. This
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  Speaker 1: is sent takes the og of bitcoin and marriors it
• 7:04
  Speaker 1: with the potential of tokenization. That tokenization is starting to
• 7:09
  Speaker 1: occur both on Solana, Ethereum. You can kind of see
• 7:12
  Speaker 1: just on x stocks alone, Absolute Skyrock and A and
• 7:15
  Speaker 1: he's point on which is holders are going up, total
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  Speaker 1: asset values are going and this is the very beginning
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  Speaker 1: of it, because this is just starting to happen. The
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  Speaker 1: likelihood of this exploding into a large tokenization layer for
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  Speaker 1: not only micro strategy, this could be one of the
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  Speaker 1: most innovative products that we've seen on Wall Street. So
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  Speaker 1: a lot happening around this right now. And who else
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  Speaker 1: is it going to affect? Because this starts to affect
• 7:40
  Speaker 1: others as well. And the point that I want to
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  Speaker 1: get into is what happens if Clarity actually goes through.
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  Speaker 1: Here's Saylor talking about it.
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  Speaker 2: The Clarity Act we'll go through. We're setting up a
• 7:53
  Speaker 2: massive supply shock. And I actually think that there's going
• 7:57
  Speaker 2: to be a coming together of the alt coin or
• 8:02
  Speaker 2: stable coin industry and the crypto industry and the bitcoin community.
• 8:07
  Speaker 2: The bitcoin community hasn't had a lot in common with
• 8:10
  Speaker 2: the crypto community for the past few years, but.
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  Speaker 3: Now the interests are crossing.
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  Speaker 2: Means that the Solana ecosystem, the Ethereum ecosystem, the DeFi ecosystem,
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  Speaker 2: every protocol, every digital token idea, every perpetual source of leverage,
• 8:30
  Speaker 2: all of the DeFi exchanges, all of them are going
• 8:33
  Speaker 2: to be engines driving demand for bitcoin, which will drive
• 8:36
  Speaker 2: growth into their ecosystems. I think we're entering into a
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  Speaker 2: virtual cycle, virtuous cycle. It's going to be good for
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  Speaker 2: everybody in the digital assets industry.
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  Speaker 4: Let's send on that note.
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  Speaker 1: All right, So listen, guys, We've been saying this for
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  Speaker 1: years that Sailor eventually would move to this strategy, and
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  Speaker 1: stretch seems to be one of the vehicles that is
• 8:59
  Speaker 1: going to help accelerate it. Speaking of coming full full
• 9:02
  Speaker 1: circle here, we got to talk about Kathy Would. This
• 9:05
  Speaker 1: is a breakdown in a podcast that she did that
• 9:09
  Speaker 1: talks about Larry Fink and tokenization. Take a look.
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  Speaker 4: We needed Larry Fink actually to change his mind because
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  Speaker 4: he was saying he was the leader of the back
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  Speaker 4: almost and it was interesting that that the leader of
• 9:26
  Speaker 4: the largest asset management firm in the world was making
• 9:32
  Speaker 4: it his business to dismiss a bitcoin. But his conversion
• 9:38
  Speaker 4: was so extreme, and his conversion had to do with
• 9:43
  Speaker 4: a vision and imagining the tokenization of everything. Finally understanding
• 9:51
  Speaker 4: the wait a minute, you know the the the Internet
• 9:56
  Speaker 4: was not built with a fine atial layer. His conversion
• 10:02
  Speaker 4: took place. It gave the industry permission to say, wait
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  Speaker 4: a minute, if I don't get on board here, I
• 10:08
  Speaker 4: might lose out.
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  Speaker 1: Well, I think she is right. I think a lot
• 10:13
  Speaker 1: of finance and Wall Street realized quickly that the Ethereum
• 10:18
  Speaker 1: network was the layer they were talking about in terms
• 10:21
  Speaker 1: of the future of finance, and that is exactly right
• 10:23
  Speaker 1: what she's referencing there. Speaking of going full circle, we
• 10:26
  Speaker 1: got to talk about Kathy Woods she's talking further into
• 10:30
  Speaker 1: the strategy that stable coins have really implemented on the
• 10:33
  Speaker 1: industry and the amount of time that it's taken from
• 10:36
  Speaker 1: the Genius Act last year to the clarity of what
• 10:38
  Speaker 1: we're dealing with right now of just trying to get
• 10:40
  Speaker 1: it through, and what Circle and Tether have been able
• 10:44
  Speaker 1: to do to create really kind of a new narrative,
• 10:47
  Speaker 1: a network effect, so to speak. Take a look.
• 10:50
  Speaker 4: We thought bitcoin was going to serve the roles that
• 10:56
  Speaker 4: stable coins do now, so I think that that's the
• 11:00
  Speaker 4: other big surprise and has become the glide path for
• 11:05
  Speaker 4: DeFi you know, is this a winner take most world,
• 11:09
  Speaker 4: the stable coin world, and the network effect would suggest yes.
• 11:16
  Speaker 4: And I think the delays in the Genius Act and
• 11:19
  Speaker 4: the Clarity Act have given Teather and Circle, USDT and
• 11:25
  Speaker 4: USDC really more running room to enjoy the network effect.
• 11:31
  Speaker 1: So if you consider what she's talking about there, the
• 11:34
  Speaker 1: real question is will stretch end up taking over the
• 11:38
  Speaker 1: kind of yields that we're dealing with we've had on
• 11:41
  Speaker 1: stable coins and even money markets. And remember all of
• 11:44
  Speaker 1: this is now centering around solana E hype. Even BM
• 11:49
  Speaker 1: and R is involved in this.
• 11:51
  Speaker 4: Take a look It's very interesting to watch JP Morgan
• 11:56
  Speaker 4: in particular, especially since Jamie was and still is in
• 12:01
  Speaker 4: many ways the biggest hold out when it comes to bitcoin.
• 12:04
  Speaker 4: But you know, he is letting his technology team overrule
• 12:10
  Speaker 4: him and letting client demand overrule him as JP Morgan
• 12:19
  Speaker 4: approaches this technology. In terms of watching DeFi build out,
• 12:26
  Speaker 4: I think the pure plays are are going to be.
• 12:31
  Speaker 4: There be the network effect there, you know Ethereum, Solana,
• 12:35
  Speaker 4: hyper Liquid, we'll see. We are placing our bets on them.
• 12:39
  Speaker 4: We've bought some dats for our ETFs. Bitmind immersion is one.
• 12:46
  Speaker 1: It's interesting, should not mention stretch because I think there's
• 12:48
  Speaker 1: going to be a bigger component moving forward in these portfolios.
• 12:52
  Speaker 1: But let's jump over to Tom Lee for a second.
• 12:54
  Speaker 1: Tom Lee's bitmind buys another forty five thousand worth of eth.
• 12:59
  Speaker 1: That's one hundred and three mill just in the past
• 13:01
  Speaker 1: couple hours. And remember he's trying to get to that
• 13:03
  Speaker 1: five percent of supply, and he's got to do it
• 13:06
  Speaker 1: right now because as we start to see this market
• 13:09
  Speaker 1: turn around, this is going to get harder and harder
• 13:12
  Speaker 1: for bitmind to get to that. So he's trying to
• 13:14
  Speaker 1: promise this point of five percent to his stakeholders, to
• 13:18
  Speaker 1: his shareholders, and to the strategy that bitmin is trying
• 13:21
  Speaker 1: to implement globally. So Eith is becoming their obviously a
• 13:25
  Speaker 1: big play there and it's moving quickly. Speaking of DeFi,
• 13:28
  Speaker 1: the DeFi United Fund has been able to do something
• 13:32
  Speaker 1: that is quite striking and that is raising almost the
• 13:36
  Speaker 1: entire amount of the hack in just a few short days.
• 13:40
  Speaker 1: This is to me stunning and in the sense that
• 13:44
  Speaker 1: we've been able to see that and where we are
• 13:46
  Speaker 1: today right now andticipated it's going to be able to
• 13:49
  Speaker 1: continue the acceleration. I think this was a good statement
• 13:52
  Speaker 1: right here. DeFi Will United will go down as one
• 13:54
  Speaker 1: of the most insane stories of this new era finance. Ever,
• 13:57
  Speaker 1: still can't believe it's almost resolved with very little user loss,
• 14:00
  Speaker 1: which will be amazing because when we looked at this
• 14:03
  Speaker 1: original hack, our thought and analysis on this was it's
• 14:08
  Speaker 1: going to be one of the biggest and possibly even
• 14:10
  Speaker 1: a contagion event. And in fact, because of this kind
• 14:13
  Speaker 1: of effort of the industry, it's been able to control it.
• 14:16
  Speaker 1: Imagine if a bank had been in this position, there's
• 14:20
  Speaker 1: there would be no one other than a government that
• 14:22
  Speaker 1: would come in and maybe step in. This is the
• 14:24
  Speaker 1: industry that's doing this, So think about that, guys. It's
• 14:27
  Speaker 1: a big deal. Last up, I want to hit on
• 14:30
  Speaker 1: a price prediction from Kathy Wood on bitcoin.
• 14:34
  Speaker 4: Listen to what she had to say, and so we
• 14:38
  Speaker 4: think that the bitcoin bull market is still intact. I
• 14:43
  Speaker 4: realize we've been through what many would call a bear market,
• 14:48
  Speaker 4: and yet down fifty percent as a victory compared to
• 14:51
  Speaker 4: down eighty five or ninety five bear market. Kathy, yes, exactly, exactly.
• 14:57
  Speaker 4: So our base case for twenty third is seven hundred
• 15:01
  Speaker 4: and thirty thousand. Our bull case is one point five million.
• 15:05
  Speaker 2: You know.
• 15:05
  Speaker 4: David Puell, who does our on chain analytics, says the
• 15:10
  Speaker 4: absolute capitulation would occur, meaning we may get there. I
• 15:18
  Speaker 4: doubt it the way bitcoin and other assets are acting,
• 15:22
  Speaker 4: but that drop dead price range is in the fifty
• 15:25
  Speaker 4: to fifty five thousand range.
• 15:27
  Speaker 1: First of all, fairly accelerated bitcoin price prediction there. Now.
• 15:32
  Speaker 1: In the past, she's kind of been pointing to twenty thirty.
• 15:35
  Speaker 1: I don't know if that's the date that she was
• 15:37
  Speaker 1: still holding for her seven to fifty plus, but if
• 15:41
  Speaker 1: you look at it right now, imagine where ethereum would
• 15:44
  Speaker 1: be if we're at a minimum on the bear case
• 15:47
  Speaker 1: or you know, on the base case, I should say,
• 15:49
  Speaker 1: first seven hund and fifty k on a bitcoin, where
• 15:51
  Speaker 1: would where would ethereum be? Imagine that and much less Solana.
• 15:55
  Speaker 1: So all of this is interesting because eventually think this
• 16:00
  Speaker 1: starts to roll into stretch as a potential investment for art.
• 16:05
  Speaker 1: So kind of unique how it kind of comes full
• 16:08
  Speaker 1: circle all the time in finance. We'll break this down
• 16:13
  Speaker 1: soon because it's going to get very exciting. I think.
• 16:21
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• 16:24
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• 16:27
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