Latest / The Paul Barron Crypto Show / A.I. Crypto Trading on Claude!🔥Liquid Demo & CEO INTERVIEW🚨
Transcript
- 0:00Speaker 1: If you guys are considering AI to do trading, this
- 0:03Speaker 1: is a video you want to watch. We're going to
- 0:04Speaker 1: break it all down because now you can use Claude
- 0:07Speaker 1: to get into crypto trading and others. And I think
- 0:09Speaker 1: one of the things that you have to consider is
- 0:12Speaker 1: is this easy. Well we're going to find out today,
- 0:14Speaker 1: So let's get started. You've probably heard me mention Uphold before,
- 0:17Speaker 1: and there's a reason I keep talking about them. Uphold
- 0:20Speaker 1: makes it incredibly easy to bridge a gap between your
- 0:23Speaker 1: portfolio and the real world. This has not been done before.
- 0:26Speaker 1: Their Uphold debit card is the best example of that.
- 0:29Speaker 1: It lets you spend your crypto or your cash anywhere
- 0:32Speaker 1: Visa is accepted, all while earning four percent back in
- 0:36Speaker 1: XRP on every purchase. It's the easiest way to stack
- 0:41Speaker 1: rewards on your daily spending. Download the Uphold app for
- 0:44Speaker 1: more and get started. I want to bring in Franklin Wong,
- 0:47Speaker 1: who is the CEO of liquid x AI.
- 0:49Speaker 2: Franklin, how are you?
- 0:51Speaker 3: I'm great?
- 0:51Speaker 2: How are you excellent?
- 0:53Speaker 1: So we got to take a look at a few things.
- 0:55Speaker 1: First situation, of course, the CFTC comes in approves perps.
- 1:00Speaker 1: We're a whole in a whole new world. Now, what
- 1:03Speaker 1: does this mean for companies like yourselves and just the
- 1:06Speaker 1: general markets.
- 1:07Speaker 3: This is among the best news we could have ever
- 1:10Speaker 3: hoped for. One of Liquid's platforms lets you trade perpetual futures. Historically,
- 1:15Speaker 3: people have always sort of viewed this with an element
- 1:18Speaker 3: of suspicion and disdain, and I think that's really unfortunate
- 1:21Speaker 3: because perpetual futures are potentially the greatest instrument ever made.
- 1:26Speaker 3: They let anyone get exposure to any ascid in the world.
- 1:29Speaker 3: A farmer in India who wants to get exposure to
- 1:31Speaker 3: the US stock market. You can't do that normally, but
- 1:33Speaker 3: you can with perpetual futures. Perpetual futures are the most
- 1:36Speaker 3: efficient way of making markets global and twenty four to
- 1:40Speaker 3: seven and universal across all assets. However, one of the
- 1:43Speaker 3: main barriers for adoption of perpetual futures has been this
- 1:47Speaker 3: constant suspicion that we're doing something wrong. This type of announcement.
- 1:52Speaker 3: I think this kind of announcement is very important for
- 1:54Speaker 3: mass adoption because suddenly it says this is okay, now,
- 1:57Speaker 3: this is totally legal to trade on. And in terms
- 1:59Speaker 3: of dry I think consumer trust. That's extremely important, right,
- 2:03Speaker 3: So the people who ended up winning for people who
- 2:05Speaker 3: are very willing to skirt the law, people who set
- 2:07Speaker 3: up all these offshore entities, who protected themselves from liability,
- 2:11Speaker 3: and that was because if you try to do it
- 2:13Speaker 3: the right way, it wasn't possible, right, And this means
- 2:15Speaker 3: that doing the right doing it the right way is
- 2:17Speaker 3: now possible and that is music to our years.
- 2:20Speaker 1: Yeah, well, I think it's music to the markets eers
- 2:23Speaker 1: as well if you look at what Celik said this morning.
- 2:26Speaker 1: The CFTC took historic action to permit a listing of
- 2:29Speaker 1: a true bitcoin perpetual contract. Robinhood of course launched their
- 2:33Speaker 1: AI tools. This has been something that they've been talking
- 2:36Speaker 1: about for quite some time. You guys have somewhat beat
- 2:39Speaker 1: them to the market, I guess with co invest, and
- 2:43Speaker 1: I think this changes the game in general when you.
- 2:45Speaker 2: Look at the ability to scale. Are you guys ready
- 2:50Speaker 2: for that right now?
- 2:50Speaker 1: Because the likelihood is we're going to see a lot
- 2:52Speaker 1: of people going this direction.
- 2:54Speaker 3: We are absolutely ready. Liquid has been around for over
- 2:57Speaker 3: a year. It has it has served at least fifty
- 3:00Speaker 3: thousand users generally with a very very low rate of issues.
- 3:05Speaker 3: We have had very few problems, and we are absolutely
- 3:08Speaker 3: ready to scale to millions and millions of people.
- 3:11Speaker 2: Can you what blockchain are you guys on?
- 3:13Speaker 3: We don't view ourselves as being built on top of
- 3:15Speaker 3: a blockchain. Liquid is very much a platform that's built
- 3:19Speaker 3: across multiple exchanges, and we can easily plug and play
- 3:23Speaker 3: to any exchange we want. So we've already added support
- 3:26Speaker 3: for hyper Liquid, lighter, Ostium, Calshi, Holymarket, a bunch of
- 3:32Speaker 3: upcoming partnerships I can't quite talk about. We are chain agnostic.
- 3:36Speaker 3: We very much would like to be considered as the
- 3:38Speaker 3: future of trading and not tied to a particular chain.
- 3:42Speaker 1: Explain how co invest works. I'm brand Noodle Liquid, I
- 3:45Speaker 1: want to log on and get involved. I can jump
- 3:48Speaker 1: over to co invest right here. How is this going
- 3:51Speaker 1: to benefit traders?
- 3:52Speaker 3: There's a lot of ways you can look at this,
- 3:54Speaker 3: one of which is that trading I think is the
- 3:57Speaker 3: most intelligence constrained, human in depth that most people go through. Right, Like,
- 4:03Speaker 3: do you need AI to help you buy shoes? Probably? Not.
- 4:06Speaker 3: Buying shoes is pretty straightforward, and people really enjoy the
- 4:10Speaker 3: process of buying shoes, but generally people don't like the
- 4:13Speaker 3: process of picking stocks it's used as the form of work. Right.
- 4:16Speaker 3: People are like investors are always like we put in
- 4:19Speaker 3: the work. No one buying shoes. It is like I
- 4:21Speaker 3: put in the work to buy the best shoes. Trading
- 4:23Speaker 3: is fundamentally the most intelligence constrained endeavor that most of
- 4:27Speaker 3: us undergo. Right, Like, you don't know whether the stock
- 4:30Speaker 3: will go up or down. It's really hard, right, Like,
- 4:32Speaker 3: people spend their lives trying to figure out if stocks
- 4:34Speaker 3: will go up or down, and they can't figure it out.
- 4:36Speaker 3: All of a sudden, we have this super intelligence that
- 4:39Speaker 3: can help you just make better decisions with universal markets,
- 4:44Speaker 3: and that's co invest.
- 4:45Speaker 1: What is the difference between co invest and an average
- 4:49Speaker 1: trader just going out setting up a cloud bot and
- 4:53Speaker 1: utilizing it for research on the top fifty active stocks
- 4:57Speaker 1: on the traditional maybe the top ten cryptos, et cetera.
- 5:01Speaker 1: What's the difference between what that can offer and what
- 5:04Speaker 1: this could offer It.
- 5:05Speaker 3: Lets you have your entire experience inside of claude and
- 5:09Speaker 3: chat GPT. Well co invest does is it brings the
- 5:12Speaker 3: execution layer like the buy sell inside of claude and
- 5:16Speaker 3: chat GPT. For one, this makes it much more convenient. Right,
- 5:19Speaker 3: you can get started on co invest without like making
- 5:23Speaker 3: API keys or like anything like that. You just put
- 5:26Speaker 3: connect and you're ready to go. So that's the first
- 5:29Speaker 3: part of it. The second is that by using co invest,
- 5:33Speaker 3: you're able to show the AI sort of whether you
- 5:37Speaker 3: ended up buying this or not. Right, if you just
- 5:39Speaker 3: ask the AI what stocks to buy and then you
- 5:42Speaker 3: go and buy the stocks, the AI won't know whether
- 5:45Speaker 3: you bought the stocks or not. Right, if you ask
- 5:48Speaker 3: it a new question, it can draw upon all of
- 5:50Speaker 3: its prior experience, right, Okay, all right? And the issue
- 5:54Speaker 3: with connecting if you ask Claude for to pick some stocks, right, well,
- 5:58Speaker 3: it can do that for anyone. Like they'll say the
- 6:00Speaker 3: same things to everyone. There's no alpha there. Right. If
- 6:03Speaker 3: you connect co invest to Claude, it can draw upon
- 6:07Speaker 3: all of its experience. It's ever seen that it's seen
- 6:10Speaker 3: you do right, So it's seen that you've traded many
- 6:13Speaker 3: times at two am, and it can see that maybe
- 6:15Speaker 3: those trades didn't work out, and it can tell you, hey,
- 6:18Speaker 3: in the future, maybe don't trade at two am. If
- 6:20Speaker 3: it's like, hey, you're really good at getting big tech earnings, right,
- 6:24Speaker 3: you might want to size up this time. These are
- 6:27Speaker 3: all of a sudden within the realm of possibility, and
- 6:29Speaker 3: it's able to help you make consistently better decisions.
- 6:33Speaker 1: Obviously, this goes into a fee structure. If you look
- 6:36Speaker 1: at the current fee structures out there, you can kind
- 6:38Speaker 1: of compare against things like coinbased Robinhood, you know, IBC,
- 6:43Speaker 1: and then you go all the way into hyper liquid,
- 6:45Speaker 1: which right now is one of the best. How do
- 6:47Speaker 1: you guys compete when it comes to fees against trad fi.
- 6:51Speaker 3: Our fees are up to like ten x lower than
- 6:53Speaker 3: say robinhoods. So on Robinhood, if you buy bitcoin, you're
- 6:57Speaker 3: paying a fee of sixty five bases points. You're also
- 7:01Speaker 3: paying spreads on liquid. If you buy access to a coin,
- 7:05Speaker 3: you're paying seven basis points, which is about ten x lower.
- 7:09Speaker 3: Coinbasis fees are even higher. Coin based fees might be
- 7:12Speaker 3: up to one hundred and thirty basis points for very
- 7:15Speaker 3: very basic trades. So our fee structure is like ten
- 7:18Speaker 3: x lower.
- 7:19Speaker 2: Should Okay?
- 7:19Speaker 1: So when people get started, should they start on paper
- 7:23Speaker 1: mode first? Is that the kind of the plan for
- 7:27Speaker 1: graduating into a full on coinvest strategy?
- 7:30Speaker 3: I would So co invest supports a paper mode and
- 7:33Speaker 3: a live mode. The paper mode.
- 7:35Speaker 1: Too, explain the two so our audience can kind of
- 7:37Speaker 1: understand absolutely.
- 7:39Speaker 3: So paper mode is one in which you trade with
- 7:42Speaker 3: a simulated balance. Right, here's ten thousand like marbles, and
- 7:46Speaker 3: you can like use the marbles, but they're not None
- 7:49Speaker 3: of that corresponds like real money. Right. But if you
- 7:52Speaker 3: buy something and it goes up, you will get more marbles,
- 7:55Speaker 3: and if you have if it goes down, then you
- 7:57Speaker 3: have fewer marbles. It helps you gain confidence with platform.
- 8:01Speaker 1: Does it tend some of that trading tactics that are
- 8:04Speaker 1: happening in paper mode and apply it to the full
- 8:07Speaker 1: real co invest mode once you go live?
- 8:09Speaker 3: The tactics are usable between these, Okay, the tactics are
- 8:13Speaker 3: completely reusable because I actually don't think Claude really knows
- 8:17Speaker 3: whether you're in paper motor like or live mode. Right,
- 8:20Speaker 3: So to Claude, it's all the same.
- 8:22Speaker 1: Interesting, all right, So you gotta kind of address this
- 8:24Speaker 1: because this is something that everybody wonders and I've wondered
- 8:28Speaker 1: because we've you know, I've put a couple of Claude
- 8:31Speaker 1: bots together. The first thing I run into is what
- 8:34Speaker 1: I call the token wall co invest.
- 8:36Speaker 2: Does it eat up tokens? What's the process for it.
- 8:39Speaker 2: This is the tool.
- 8:41Speaker 3: This is a fantastic question. Co invest. So there are
- 8:44Speaker 3: a lot of products in the AI and trading space,
- 8:46Speaker 3: but co invest is actually pretty different from how they
- 8:49Speaker 3: tend to work. The typical AI trading product is like
- 8:52Speaker 3: something you run in your terminal that you use and
- 8:55Speaker 3: you tell it to go look up some data sources
- 8:57Speaker 3: and like place some trades for you, whereas ours works
- 9:01Speaker 3: in Claude's front end. One reason why we choose to
- 9:04Speaker 3: locate ourselves in clouds front end is that this way
- 9:06Speaker 3: Claude can sort of self improve from what you're doing,
- 9:09Speaker 3: and it can get access to more information, and it
- 9:12Speaker 3: also is easier to set up. But the second benefit
- 9:14Speaker 3: is that as if you're already paying for Claude, co
- 9:17Speaker 3: invest is essentially included free of charge. You don't have
- 9:21Speaker 3: to pay for tokens if you use co invest. Right,
- 9:24Speaker 3: if you're paying for a subscription of Cloud or using
- 9:26Speaker 3: Claude free, you don't have to pay per token if
- 9:29Speaker 3: you're using co invest, So co invest is essentially included
- 9:34Speaker 3: for free with your Cloud subscription.
- 9:36Speaker 1: Wow, Okay, that's going to probably get a lot of
- 9:39Speaker 1: people excited about trying it, and you know, just for
- 9:41Speaker 1: those that are out there.
- 9:42Speaker 2: I think obviously I would test it in.
- 9:44Speaker 1: A paper mode just to kind of get a feeling
- 9:46Speaker 1: of how you want to expose this. Other things I
- 9:49Speaker 1: want to kind of hit on. Is the news coming
- 9:51Speaker 1: out of the DTCC. We saw the most recent you know,
- 9:55Speaker 1: partnership with Steller. They're tokenizing securities around a settlement platform.
- 10:00Speaker 1: When you look at the DTCC right now, are they
- 10:04Speaker 1: would you consider them behind still with where this market
- 10:08Speaker 1: is heading.
- 10:09Speaker 3: The DTCC is like some kind of middleware. I understand
- 10:12Speaker 3: why it exists. It is sort of the ultimate arbiter
- 10:17Speaker 3: of whether you own a stock or not, right, but
- 10:20Speaker 3: I think that the way they handle things can often
- 10:23Speaker 3: be rather inefficient. They still, for example, impose like T
- 10:27Speaker 3: plus one settlement. They require that a broker post collateral.
- 10:31Speaker 3: So maybe you saw the robin Hood game Stop story
- 10:34Speaker 3: where they asked robin Hood to give them, like to
- 10:36Speaker 3: post three or four billion dollars of collateral to cover
- 10:39Speaker 3: the game Stop shares just in case they were broken.
- 10:42Speaker 3: None of that really makes sense. Like Robinhood, to their credit,
- 10:45Speaker 3: got very lucky and was able to find four billion
- 10:47Speaker 3: dollars to sort of post those shares. But that is
- 10:50Speaker 3: very strange. That shouldn't need to happen. Like in crypto,
- 10:54Speaker 3: we got it right. The tokens are in your wallet,
- 10:57Speaker 3: whether they're stocks or whatever. Some random institute saying that
- 11:01Speaker 3: like that they need four billion dollars does not affect
- 11:04Speaker 3: whether that happens or not. If Liquid goes bankrupt, your
- 11:08Speaker 3: assets are safe.
- 11:09Speaker 1: That's the kind of a that's a huge feature right
- 11:12Speaker 1: now with the way if liquid goes it works so right,
- 11:15Speaker 1: if you put your money in FTX, it's gone.
- 11:17Speaker 3: If Liquid goes bankrupt, your money is still there. You
- 11:20Speaker 3: can access it through other means. Someone else can make
- 11:23Speaker 3: a new version of co invest as a consequence, Like
- 11:26Speaker 3: the DTCC would never ask us for four billion dollars
- 11:29Speaker 3: because we are just a front end layer between you
- 11:32Speaker 3: and the blockchain. You can interact with the blockchain any
- 11:35Speaker 3: other way. There are a lot of reports that Robinhood
- 11:38Speaker 3: almost went bankrupt in twenty twenty one because they were
- 11:40Speaker 3: forced to pay this four billion dollar fine. They just
- 11:43Speaker 3: scrounge up four billion dollars from all sorts of sources
- 11:46Speaker 3: that kind of like make that happen. That's ridiculous, right,
- 11:49Speaker 3: Like people were going to lose their life savings if
- 11:51Speaker 3: Robinhood couldn't find four billion dollars, that doesn't make any
- 11:54Speaker 3: sense at all.
- 11:55Speaker 1: We have a theory that when you look at what's
- 11:59Speaker 1: been going on in Iran, this this goes back to
- 12:02Speaker 1: the reason that we've seen the rise of companies like
- 12:04Speaker 1: hyper Liquid. Good example, right here, Zach was tweeting about
- 12:08Speaker 1: this and this is in reference to the US are
- 12:10Speaker 1: green to perpetual futures. But at the same time, all
- 12:14Speaker 1: this growth was happening, you know, on hyper Liquid offshore,
- 12:19Speaker 1: and it was mostly people looking to trade oil, you know,
- 12:22Speaker 1: all sorts of different factors in it that they couldn't
- 12:25Speaker 1: get access to. That of course changes dramatically here, you know,
- 12:29Speaker 1: I think that do you feel like the Iran the
- 12:31Speaker 1: Iran War was kind of responsible for getting purpose fast tracked?
- 12:35Speaker 3: Absolutely? I think the Iran War made weekend trading kind
- 12:40Speaker 3: of look way more inevitable.
- 12:42Speaker 1: Yeah yeah, yeah, Well it exposed the entire market too,
- 12:46Speaker 1: because you saw somebody moves happening on Friday afternoon and
- 12:49Speaker 1: then boom. Obviously the twenty four to seven which is
- 12:52Speaker 1: why I still am questioning at what the DTCC is
- 12:54Speaker 1: going to be doing, you know, at twenty four to
- 12:57Speaker 1: five how they would keep up with what's happening really
- 12:59Speaker 1: on a gloe global market scale, so a big one.
- 13:02Speaker 1: Now you hit a tweet right here talking about the
- 13:05Speaker 1: SpaceX ipo. When you look at this right now, how
- 13:08Speaker 1: can AI help manage your exposure to this ipo?
- 13:13Speaker 3: That's a great question. So you can actually ask co invest, like,
- 13:17Speaker 3: what does it think about SpaceX? I can actually show
- 13:20Speaker 3: you a demo if you'd like, I've just connected co
- 13:22Speaker 3: invest to my clout account.
- 13:24Speaker 1: Talk to me about the SpaceX market and this is
- 13:27Speaker 1: plugged in to co invest right now.
- 13:29Speaker 3: Yeah, that's co invest, right, And so co invest will
- 13:32Speaker 3: pull up a card, it'll talk about SpaceX. It'll say
- 13:34Speaker 3: that it's trading at a share price of one hundred
- 13:37Speaker 3: and ninety nine dollars. It'll say that the funding is
- 13:40Speaker 3: dead flat at zero point zero zero percent. The big
- 13:44Speaker 3: account skew is short. So another feature of co invest
- 13:47Speaker 3: that's really cool that we didn't really get to go
- 13:49Speaker 3: over is that co invest is access to a lot
- 13:52Speaker 3: of to unchained data. So one thing people think about
- 13:56Speaker 3: a lot in the trad fi world is how are
- 13:58Speaker 3: people positioned? Right? Is the smart money long or is
- 14:01Speaker 3: it short? And this is actually basically unknowable, because that's
- 14:05Speaker 3: sort of how Tradify is designed, but here it's completely knowable.
- 14:08Speaker 1: Do you think we'll see more AI tools out there,
- 14:11Speaker 1: whether it's open AI, you look at what's happening with
- 14:14Speaker 1: Gemini and even to a certain extent, maybe even perplexity.
- 14:18Speaker 2: Do you think we'll see.
- 14:19Speaker 1: More tools like this coming or are you guys looking
- 14:21Speaker 1: to expand further? What's what's kind of the roadmap here
- 14:24Speaker 1: for AI trading?
- 14:25Speaker 2: In general?
- 14:26Speaker 3: It seems pretty clear that the future will only have
- 14:29Speaker 3: more and more AI. As a consequence, finance will have
- 14:32Speaker 3: more and more AI in it. Co Invest has been
- 14:34Speaker 3: out for a week less than a week as of
- 14:36Speaker 3: this filming, and people have already done things on co
- 14:39Speaker 3: invest that we are really shocked by. The way you
- 14:43Speaker 3: we think of co invest is that we essentially just
- 14:46Speaker 3: give every single lego brick to an AI and say
- 14:49Speaker 3: do whatever you want with it, right, And sometimes it'll
- 14:53Speaker 3: construct the same things that you laid out that you
- 14:55Speaker 3: thought would be reasonable. But sometimes it assembles the pieces
- 14:59Speaker 3: in the way that you never would have thought possible
- 15:02Speaker 3: or you never thought to do.
- 15:03Speaker 1: Well, we're going to test it in studio, so we'll
- 15:06Speaker 1: definitely get a chance, we'll report back on this to
- 15:09Speaker 1: the audience so they can kind of get it. I know,
- 15:10Speaker 1: because this is very new, we're going to see a
- 15:12Speaker 1: lot of new advancements, I think obviously with what you
- 15:14Speaker 1: guys are doing at liquid x. But when you look
- 15:17Speaker 1: at one of the biggest advantages right now and you
- 15:20Speaker 1: think about what's happening with Clarity, and I'll just bring
- 15:23Speaker 1: up the possibility I have a couple of questions here
- 15:25Speaker 1: to ask. When you look at Clarity, there's two, I
- 15:28Speaker 1: think two.
- 15:29Speaker 2: Schools of thought. One is it's going to ban stable
- 15:32Speaker 2: coin yields.
- 15:33Speaker 1: That of course changes things to where maybe people utilizing vault.
- 15:37Speaker 2: Tactics to be able to get yields.
- 15:39Speaker 1: If you're using vault tactics, it seems like that would
- 15:42Speaker 1: open up perfectly to something like a coinvest type product
- 15:46Speaker 1: to manage vaults for the best opportunity of yields. Just
- 15:51Speaker 1: with things like you know, USDC or any other stable
- 15:54Speaker 1: coin out there or other assets that are earning yields.
- 15:58Speaker 2: Do you see that becoming a.
- 15:59Speaker 1: Product either of liquid x or others in the market.
- 16:03Speaker 3: We absolutely plan to integrate vaults very very soon. Okay,
- 16:07Speaker 3: in a few weeks there should be an announcement. We
- 16:10Speaker 3: view vaults as kind of like programmable mutual funds of sort. Sure,
- 16:16Speaker 3: historically mutual funds have spent some money on like research, right,
- 16:21Speaker 3: but they spend most of their money on marketing themselves,
- 16:24Speaker 3: and I think that's like a big failure, right, Like
- 16:26Speaker 3: money should be allocated to the best, most capable allocators,
- 16:30Speaker 3: not to like whoever is spending the most on ads
- 16:33Speaker 3: that extent. We're really excited to have co invest like
- 16:37Speaker 3: analyze vaults and then direct people to like say, hey,
- 16:41Speaker 3: this vault is safe, Hey that vault is unsafe, because,
- 16:44Speaker 3: as you know, sometimes vaults go bad, right, Sometimes volts
- 16:46Speaker 3: get rugged, sometimes they get hacked, sometimes they make trades
- 16:50Speaker 3: that go against them, and co invests should be able
- 16:53Speaker 3: to much more easily diligence these and kind of help
- 16:57Speaker 3: people avoid getting scammed. That's actually what I'm most excited
- 17:00Speaker 3: with co invest. Crypto has a somewhat shady history with
- 17:03Speaker 3: a lot of scams. Fundamentally, the reason that scams happen
- 17:06Speaker 3: is because people are just you know, too overwhelmed with
- 17:10Speaker 3: information to really always make the correct decisions. And hopefully
- 17:14Speaker 3: co invests can help them, can empower them to make
- 17:16Speaker 3: better and smarter decisions.
- 17:18Speaker 1: Last question I have for you is the Clarity Act itself.
- 17:21Speaker 1: If this thing goes into law this year, what kind
- 17:24Speaker 1: of impact would that have on Liquid I am.
- 17:26Speaker 3: Very excited that the Clarity Act will sort of add,
- 17:30Speaker 3: you know, clarity to this entire space. A lot of
- 17:33Speaker 3: the things we've been doing have been kind of difficult
- 17:36Speaker 3: to ascertain whether they were legal or not. And once
- 17:39Speaker 3: we have regulatory clarity, every player can kind of play
- 17:42Speaker 3: on the same grounds. So I'm really excited for fair
- 17:45Speaker 3: and transparent competition as opposed to like, right now, there's
- 17:49Speaker 3: a guessing game over like, you know, is this okay?
- 17:53Speaker 3: Is this not okay? If we do this? Because if
- 17:55Speaker 3: we don't do this because we don't think it's okay
- 17:57Speaker 3: and our competitor does it, are they going to get
- 17:59Speaker 3: an advantage? There's so many of this, like, so much
- 18:02Speaker 3: of this, like you know, just bs going on. I
- 18:05Speaker 3: am really excited to kind of just follow the rules,
- 18:09Speaker 3: follow the rules with everyone else, and then see who winds.
- 18:13Speaker 2: Yeah, yeah, well I like that. I mean that's the
- 18:15Speaker 2: key here.
- 18:15Speaker 1: I think going forward, you guys aren learn little bit
- 18:18Speaker 1: more over at Liquid dot Trade. If you want to
- 18:20Speaker 1: learn about coinvest there. We're gonna do some testing on
- 18:23Speaker 1: this internally. We'll report back to you guys, so we'll
- 18:27Speaker 1: definitely give us some updates on that. Franklin, thanks so
- 18:29Speaker 1: much for coming in today.
- 18:30Speaker 3: We appreciate it absolutely. Thanks for having me, Paul.
- 18:40Speaker 1: If you like this video, hit like and subscribe, drop
- 18:42Speaker 1: a comment down below, and also join our free private
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- 18:46Speaker 2: The link is in the description.