Latest / The Paul Barron Crypto Show / Biden Should Be Replaced By RFK Jr. 🔥Debate Crypto Effects

Transcript

Biden Should Be Replaced By RFK Jr. 🔥Debate Crypto Effects · The Paul Barron Crypto Show

• 0:07
  The debate happened last night, and of course we had some surprises and I
• 0:11
  think a lot of impact on the crypto community as well as the crypto market's
• 0:15
  going forward. There's a lot of things happening right now. We'll try to
• 0:17
  break some of this down for you, so make sure and stick around.
• 0:20
  It's going to be very detailed to our focus on crypto. So my name
• 0:25
  is Paul Brea. Welcome back in the tech path. Let's get into it.
• 0:28
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  make sure and use that down in the link below. All right, So
• 1:07
  after the debate, we started to see numbers come in, and I think
• 1:11
  this is something because it addresses really what we focus on, as you guys
• 1:15
  know, is a single issue, and that is how is administration How are
• 1:21
  administrations going to deal with crypto technology and innovation going forward? Because this is
• 1:26
  what matters to us. And we took a look at a lot of clips
• 1:32
  really trying to understand what would benefit the crypto community the most. So I
• 1:36
  think we've broken it down for you guys to give you a full understanding.
• 1:38
  First up, who won the debate? Obviously, I think everybody knows if
• 1:42
  you were watching it at all, Trump came in with a resounding win.
• 1:46
  This came, of course from the peal of the CNN pull numbers. Even
• 1:49
  with the margin of error at five point five, that would still be a
• 1:52
  significant win for President Trump. So a pretty big issue. I think as
• 1:57
  we go forward, you know, we're going to look at maybe a new
• 2:00
  strategy that could play into the scenario. And this is the thing that I'll
• 2:06
  talk about here in a second, but I feel like that pretty much showed
• 2:09
  the hands for the Democrats. And what that simply means is that will we
• 2:14
  be facing, when I say we the crypto community, will we be facing
• 2:16
  an administration that is pro crypto or against crypto in November? I think that's
• 2:23
  the real question coming forward after last night's debate, However, the real debate
• 2:29
  that took place was this one right here, and this, of course was
• 2:31
  r RFK Junior. I want you to notice something. Six point eight million
• 2:36
  views right there. This was the debate that was occurring. I tuned into
• 2:40
  this was kind of going back and forth. I was very impressed with RFK
• 2:45
  and the way he addressed basically what he was doing was counter answering what the
• 2:49
  CNN commentators were doing, giving his opinion and his approach toward those kind of
• 2:53
  things. So if you haven't watched it, go back and watch that now.
• 2:57
  It was a very I think compelling position. And he was the only
• 3:01
  candidate that mentioned crypto. So everybody was wrong. We thought Trump would do
• 3:07
  it. He did not. And he had a few points in time where
• 3:12
  when he was talking about innovation and being able to bring the company country forward,
• 3:15
  I think he could have dropped something in there about blockchain and bitcoin in
• 3:21
  general and crypto that would have been aligned nicely, and I think it would
• 3:25
  have appeased a little bit of this audience for sure. I want to go
• 3:29
  to this first clip. This clip is getting into rfk's debate and the fact
• 3:34
  that it might have been more entertaining than even the Trump Biden debate. Listen
• 3:37
  it. I just won two club championships, not even senior, two regular
• 3:40
  club championships. To do that, you have to be quite smart, and
• 3:45
  you have to be able to hit the ball a long way. And I
• 3:46
  do it. He doesn't do it. He can't hit a ball fifty yards.
• 3:50
  He challenged me to a golf match. He can't hit a ball fifty
• 3:52
  yards? Well, can I be happy to have a driving contest with him?
• 3:55
  I got my handicapped, which when I was vice president, down to
• 4:00
  a six. That's the biggest line. He's a six handicap, of all,
• 4:03
  I was an eight handicap, now eight. But I have you know
• 4:08
  how, I've seen your swing. I know you swing. All I got
• 4:14
  to say is I hope they let me on the stage for that contest.
• 4:26
  That would be a good one. Of course, if you guys don't know,
• 4:28
  I mean, RFK, he's pretty much he's a little bit jacked.
• 4:30
  You know, this guy's in good shape, so I think you might win
• 4:32
  that driving contest. But hey, listen, in real addressing, the biggest
• 4:38
  key is inflation. Inflation, of course, is one of our biggest challenges
• 4:42
  here in the crypto community because it is affecting how the markets react, and
• 4:46
  how the markets react course affects crypto prices, it affects crypto innovation, a
• 4:49
  lot of new projects. RFK had a position on inflation. Listen to what
• 4:54
  he had to say. He inherited almost no inflation and it stayed that way
• 4:58
  for fourteen months, and then it blew up under his leadership because they spent
• 5:01
  money like a bunch of people that didn't know what they were doing. And
• 5:04
  this is another example of why this debate is a problem, because these two
• 5:11
  men are the people who ran up the deficit that is causing the inflation.
• 5:15
  Resident Trump came into office promising to balance the budget. Instead, he spent
• 5:20
  more money in office, and every president in the United States history combined asn't
• 5:26
  in Biden. He's already run up six point three trillion dollars in dead That's
• 5:30
  why we have inflation. That's why we have four dollars milk, four dollar
• 5:33
  bread, six dollars castolin. This is existential. This is one of the
• 5:39
  problems that neither of these two will talk about. This is the problem.
• 5:43
  This is the reason that they need me on stage, because I would confront
• 5:46
  them with what they did. They were the runs who ran up half of
• 5:49
  this deficit. Will never deal with inflation if we don't deal with the money
• 5:55
  printing problem, and neither of them are going to do it. Money This
• 5:59
  would I think one of the biggest challenges of any campaign, and of course
• 6:03
  that is trying to adjust out to the point of inflation. But I think
• 6:08
  the bigger point that RFK is getting to is very clear, and that is
• 6:11
  how do you, you know, really stifle the money printing That means rampant
• 6:15
  changes through the government. Now he hit a clip also that talks specifically about
• 6:20
  blockchain and AI listen in uh. I've never seen anybody lie like this guy.
• 6:26
  He lies. I've never seen that he could look you in the face,
• 6:29
  bet so many other things too. To Russia, Russia, Russia,
• 6:32
  Ukraine, Ukraine, Ukraine. If everything he does is a lie, If
• 6:35
  Trump is re elective or elected to have a recession. Again, a very
• 6:40
  important question, Dodge social security is going bankrupt. What would you cut?
• 6:45
  I'm going to cut the military budget and a half during my first four years.
• 6:49
  I'm going to use AI and blockchain to eliminate waste and government to save
• 6:54
  more money. And ultimately that's gonna save us a lot of money. And
• 6:59
  what this has to priority for us. That would have been so easy for
• 7:03
  either Biden or even Trump to say. The problem is is I'm not sure
• 7:09
  either one of them really understand it. So RFK has a real action plan
• 7:13
  and there are solutions that I think he's in place. Now can they be
• 7:16
  implemented? Remember, it takes a cabinet and a lot of bureaucrats to be
• 7:20
  able to make that actually happen, so that is still an issue kind of
• 7:24
  going forward. I want to go to another clip real quick. This one
• 7:27
  gets into how the media responded to the debate, because this is where it
• 7:31
  gets very interesting and it could change the format going forward. Take a look,
• 7:36
  Joe Biden had one thing he had to do tonight and he didn't do
• 7:41
  it. I don't know if things can be done to fix this based on
• 7:46
  what I'm hearing from a lot of people, and some of them are people
• 7:50
  that are in high elective offices in this country, and you might guess where
• 7:54
  they serve. I do think people feel like that we are confronting a crisis,
• 7:59
  panic inside the Democratic Party right now because of President Bidy's performance into Night's
• 8:03
  debate. What do you say to that, you know, Lindsey, I'd
• 8:05
  say, the slow start, but a good and strong finish. It was
• 8:09
  a slow start, there's no question about that. But I thought it was
• 8:13
  a strong finish. There is panic that is set in. Well, there
• 8:18
  is panic that is set in. Do you think it's unfounded? Well,
• 8:20
  I think it's unhelpful. You don't turn your back because of one performance,
• 8:24
  But was there one moment that you think sticks Well anyway, it's difficult to
• 8:28
  assess. I need a little bit more objectivity and time away from this.
• 8:31
  I mean, we've all had those nights, all of us. Not one
• 8:35
  person watching hasn't had those nights. You, well, we've not all been
• 8:37
  in front of But it's not about debates, you know. I would have
• 8:43
  to disagree. I think the reality set in last night in the sense that
• 8:46
  this was already happening. Everybody's been talking about this for the last year and
• 8:52
  it just came out in front of America last night. But the bigger concern,
• 8:56
  I think is it came out in front of the world. That's the
• 9:00
  big point that we have to focus on. The Other thing is you look
• 9:03
  at the voters, because I think voters now are maybe looking at this a
• 9:05
  little bit differently, and I think that will of course push the Democrats into
• 9:09
  a new strategy and into a new plan. Take a look at this clip.
• 9:13
  How many here would have made it past three questions in this debate before
• 9:18
  turning the TV off? One? I thought the debate was for solutions,
• 9:22
  and you're you talking about golfing right now? And who has a better swing?
• 9:26
  I mean, it's it's like Sophie's choice, but reverse. I don't
• 9:30
  want to make either choice. The whole stinger pointing, well, you did
• 9:33
  this and you did that, and just it's Trump, hell no, and
• 9:39
  Biden. It's like, oh no, it's just open convention, open convention.
• 9:46
  And again, how do you all feel about RFK no comment? I
• 9:50
  have no comment on it because I haven't really looked over his plan or what
• 9:54
  he plans to do, or heard too much about him. I saw all
• 9:56
  the petition around trying to get him on valid. But that's about it.
• 10:01
  So I like the one statement you know Trump, hell know, and Biden,
• 10:05
  oh no, because that does mean that we're going to most likely get
• 10:07
  a replacement for mister Biden, And of course that of course changes what would
• 10:13
  that look like. Here's Vivey talking a little bit more about what that theory
• 10:16
  is and what could happen. Take a look. I believe the other side
• 10:18
  actually knows what they're doing. If they get another nominee too early, that's
• 10:22
  enough time for vetting, enough time for the honeymoon phase to fade. But
• 10:26
  if they're swapping in another nominee in August, say, right around the time
• 10:31
  of the convention, that's the best case scenario for them because you get the
• 10:33
  honeymoon phase with the new candidate without the scrutiny that comes with it. This
• 10:37
  is the earliest presidential debate in American history, and the first ever to my
• 10:41
  knowledge, that has taken place before the nominating convention of either party. Ask
• 10:46
  yourself why they're doing it, and more importantly, ask yourself why the Democrats
• 10:50
  made it a condition of Biden debating that they placed that date that early regardless
• 10:54
  of which puppet they put up. We have to decide what we stand for
• 11:00
  a conservatives and as Americans. That's how we're going to win this election,
• 11:03
  not by fixating on Biden because there's a good chance it may not even be
• 11:07
  him. Yeah, I'm in agreement with that. I think after last night
• 11:11
  it pretty much seals the fate of President Biden in the sense that most likely
• 11:16
  this will go into an open convention, and who knows what's going to happen
• 11:20
  at that point. That's where it gets very risky for crypto. And it
• 11:22
  also pretty much talies into the next point, and that is, don't forget
• 11:28
  there is one major major problem in the administration, especially the current administration,
• 11:33
  and how it's approaching crypto and that of course has always been led and dominated
• 11:39
  by Senator Warren. This is a clip that kind of breaks it down,
• 11:41
  brings it back home to reality in understanding what matters most to the crypto community.
• 11:48
  Take a look. Senator Elizabeth Warren and her office coordinated testimony with the
• 11:52
  Security and Exchange Commission ahead of a Senate hearing. Get this a list of
• 11:58
  questions along with suggested answers for the Chairman of the sec Two days later,
• 12:05
  she said a follow up quote, let me know if it's looking like the
• 12:09
  chair has any issue with the framing of the questions. Definitely don't want to
• 12:15
  put him in a tough spot. End quote, Senator Warren asked, almost
• 12:20
  verbatim from the email chair Cancelor. Advocates say crypto markets are all about financial
• 12:26
  inclusion, that the people who are most economically vulnerable are the ones who are
• 12:31
  most likely to have to withdraw their money the fastest when the market drops.
• 12:35
  Does this sound like the past to financial inclusion? Do you all right?
• 12:41
  So you guys, remember these these are the kind of scenarios that we've painted
• 12:45
  for quite some time to explain what the administration and the construct is being built
• 12:50
  around the you know, kind of taking crypto and blockchain as a whole and
• 12:54
  demonizing it. So don't forget. There's a clip right here that kind of
• 12:58
  reform reinforces John Deaton's position, who is going directly had to head with Senator
• 13:03
  Warren, And you need to vote for John if you're up in that era,
• 13:07
  this is the guy you want. Take a look at this clip.
• 13:11
  Hey, everybody, I really need your help. We have five days until
• 13:15
  the end of the quarter on June thirtieth. Look, I put a million
• 13:18
  dollars of my own money in this campaign because I know I can defeat Elizabeth
• 13:22
  Warren if I'm given the opportunity, and my goal when I put a million
• 13:26
  in is you take small dollar donations that small retail holders could cumulatively match that
• 13:33
  million, and we're about halfway there. So thank you so much. Listen,
• 13:37
  if I could afford to fund this entire campaign, I would do it
• 13:41
  because this election is that important. If you can give again, please do.
• 13:46
  If you haven't, please consider going to johndeatonf Senate dot com. We
• 13:50
  got this, We can make a difference. So there you have it.
• 13:54
  I think this is one of the races that's going to matter the most going
• 13:58
  forward. It'll be less and less I think around the president. Sure,
• 14:01
  yes, if we get a pro crypto candidate is going to be a good
• 14:05
  thing for crypto in general. So if you're not on a diamond circle,
• 14:09
  make sure and get in right now. It's a great place to get additional
• 14:11
  content. It's also a place to keep caught up on all these things.
• 14:13
  There's a lot of changes and movement in the markets right now. We'll continue
• 14:18
  to bring that to you. Make sure and follow me out there on X
• 14:20
  at Paul Baron. We'll catch you next time, right here on tech Path