Latest / The Paul Barron Crypto Show / Polkadot Joins Kevin O'Leary to Buy TikTok in 3 Days?🚀

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Polkadot Joins Kevin O'Leary to Buy TikTok in 3 Days?🚀 · The Paul Barron Crypto Show

• 0:06
  Speaker 1: TikTok band just days away, and today we're going to
• 0:08
  Speaker 1: break down what it means and what it could mean
• 0:10
  Speaker 1: for crypto. Don't miss it money with small baron we'll
• 0:13
  Speaker 1: come back in the tech path. Let's get started. If
• 0:14
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  Speaker 1: the discount. All right, let's get into it today. A
• 0:38
  Speaker 1: couple of points I want to hit on right there,
• 0:40
  Speaker 1: eleven days away from the band, and most likely there's
• 0:43
  Speaker 1: some key points between now and then the nineteenth before
• 0:47
  Speaker 1: we could see some real action. And I'll get to
• 0:49
  Speaker 1: that and all that in a minute. But this is
• 0:51
  Speaker 1: a pretty significant thing. I think a lot of people
• 0:54
  Speaker 1: are overlooking this right now and the potential it has
• 0:57
  Speaker 1: on crypto. You look at the Google trends and back
• 1:01
  Speaker 1: in mid December. This was, of course, when we saw
• 1:03
  Speaker 1: the Supreme Court decision that says it's going to happen
• 1:06
  Speaker 1: a little bit of slide down. People are not so
• 1:08
  Speaker 1: worried about it, and all of a sudden it's starting
• 1:10
  Speaker 1: to track back up. So people are getting concerned about
• 1:14
  Speaker 1: the TikTok ban and what it means. We've been covering
• 1:16
  Speaker 1: this for quite some time, guys. I mean this goes back, gosh,
• 1:19
  Speaker 1: almost six months ago, where we've been talking about what
• 1:22
  Speaker 1: the potential is for TikTok and Polka dot and why
• 1:27
  Speaker 1: this means it could be the first Web three application
• 1:31
  Speaker 1: that really starts to move the market going forward. All right,
• 1:34
  Speaker 1: So this was the letter that Trump sent over to
• 1:36
  Speaker 1: the Supreme Court basically asking to delay all of this
• 1:40
  Speaker 1: so that they can time for assessment. Further on, you've
• 1:44
  Speaker 1: got Kevin O'Leary out there trying to generate interest to
• 1:48
  Speaker 1: go out and buy TikTok. All of that's happening. Everybody's
• 1:52
  Speaker 1: scrambling here trying to get into this. Now. This is
• 1:55
  Speaker 1: a clip that will give us a little bit of
• 1:57
  Speaker 1: a prediction timeline that O'Leary has and what might be
• 2:01
  Speaker 1: coming true.
• 2:02
  Speaker 2: Take a look I'm going to walk you through the
• 2:04
  Speaker 2: timing of what's going to occur. This situation that we
• 2:08
  Speaker 2: have right now is going to come to a head
• 2:10
  Speaker 2: on January tenth. Justice does not want to mess with
• 2:13
  Speaker 2: the will of Congress. They'll push it back to the
• 2:15
  Speaker 2: Executive and then Biden will open the door and say,
• 2:18
  Speaker 2: is anybody here willing to buy this under terms that
• 2:21
  Speaker 2: really fit the order? And I intend to be there
• 2:24
  Speaker 2: with an LOI that Biden can look at and say,
• 2:27
  Speaker 2: this is a viable alternative. I'm going to stay this
• 2:31
  Speaker 2: situation for ninety days to let the company engage with
• 2:34
  Speaker 2: this buyer. That's what's going to happen. But this company
• 2:38
  Speaker 2: is living in a dreamland thinking the Supreme Court of
• 2:43
  Speaker 2: the United States is going to unhold spywaar against its
• 2:46
  Speaker 2: American people. Ain't going to happen.
• 2:50
  Speaker 1: Just Apartment, of Course came in and urged the Supreme
• 2:53
  Speaker 1: Court to reject Trump's plan on pausing this band. A
• 2:57
  Speaker 1: couple of points within this, if you look at the
• 3:00
  Speaker 1: DOJ said, granting Trump's request would equate to a temporary
• 3:03
  Speaker 1: injunction could only be implemented if by Dance established a
• 3:06
  Speaker 1: likelihood that it would win the case, but that the
• 3:09
  Speaker 1: company had not done so, so there's no chance of
• 3:11
  Speaker 1: the you know, the case being won. So that basically
• 3:14
  Speaker 1: throws out Trump's letter. Now you take a look at
• 3:18
  Speaker 1: what's happened now, is Kevin O'Leary and Frank McCord are
• 3:22
  Speaker 1: now joining forces. Take a look.
• 3:24
  Speaker 2: We announced that this morning I have joined with Frank
• 3:29
  Speaker 2: McCord to buy TikTok.
• 3:30
  Speaker 1: All right, So as you can see there, this is
• 3:33
  Speaker 1: the kind of a little bit of alignment. But and
• 3:35
  Speaker 1: the announcement here investor Kevin O'Leary joining the People's bid
• 3:40
  Speaker 1: for TikTok, this is project liberty and that is going
• 3:43
  Speaker 1: to be a big factor here. One of the things though,
• 3:45
  Speaker 1: is that the wonderful TikTok dot com, this is where
• 3:48
  Speaker 1: O'Leary was trying to raise capital, will now be folded
• 3:51
  Speaker 1: into the People's bid. So this is all one thing now,
• 3:54
  Speaker 1: and this is good I think for in general of
• 3:56
  Speaker 1: getting this deal done. The key that O'Leary was talking
• 3:58
  Speaker 1: about there is they still are going to need the
• 4:00
  Speaker 1: administration's support to get it pulled off. This next clip
• 4:04
  Speaker 1: will get into the value of TikTok and really kind
• 4:09
  Speaker 1: of the plan of what Frank McCourt and his team
• 4:11
  Speaker 1: are looking to do take a look.
• 4:13
  Speaker 3: The only other person I know who is interested so
• 4:15
  Speaker 3: far comes on this show a lot, Kevin O'Leary.
• 4:19
  Speaker 1: He likes the app, frankly for the algorithm. What is
• 4:21
  Speaker 1: it about the app that you like x algorithm?
• 4:25
  Speaker 4: Yeah, well, you know, Kevin and I have had a
• 4:27
  Speaker 4: number of conversations about this, and I really think that,
• 4:31
  Speaker 4: you know, Kevin is starting to see the value in
• 4:34
  Speaker 4: buying TikTok without the algorithm. Personal data is enormously valuable,
• 4:39
  Speaker 4: So let's give people some of that value.
• 4:41
  Speaker 3: Frank, everything that you're saying sounds totally reasonable. I think.
• 4:44
  Speaker 3: At the same time, you've got the President elect urging
• 4:47
  Speaker 3: the Supreme Court not to ban it, not to hear
• 4:50
  Speaker 3: the oral arguments that you mentioned on the tenth How
• 4:53
  Speaker 3: does that factor into your timeline? And have you been
• 4:56
  Speaker 3: talking to the Trump administration at all, because it sounds
• 4:59
  Speaker 3: like the actual from the court is what you need
• 5:01
  Speaker 3: for Byte Dance to sell to you.
• 5:03
  Speaker 4: TikTok currently is spyware disguised as a business. TikTok is
• 5:10
  Speaker 4: banned in China. I mean, think about that US. TikTok
• 5:15
  Speaker 4: is not allowed in China and we need to move
• 5:18
  Speaker 4: the user base over to a clean Maiden America stack.
• 5:22
  Speaker 4: And yes, we are going to be having conversations with him,
• 5:26
  Speaker 4: and we already started the outreach.
• 5:27
  Speaker 5: To his people.
• 5:28
  Speaker 3: Excellent, Frank McCourt. I would just say, when you're ready
• 5:31
  Speaker 3: to make the announcement, we're happy to have you make
• 5:33
  Speaker 3: it here on.
• 5:34
  Speaker 1: The show America. Say the social media company should make
• 5:37
  Speaker 1: it easier switch platform. This is very popular. It's popular
• 5:40
  Speaker 1: sentiment out there around and I think the key here
• 5:42
  Speaker 1: is whether or not Trump is going to go against
• 5:46
  Speaker 1: the idea of this, because remember it's kind of that
• 5:49
  Speaker 1: position we've talked about Trump being a wildcar here. We
• 5:52
  Speaker 1: don't really know what he's thinking. Has he done a
• 5:55
  Speaker 1: deal with China to do this, or is he going
• 5:57
  Speaker 1: to hold true to his position in protect acting the
• 6:00
  Speaker 1: American data. I think that's the big question here. Now
• 6:03
  Speaker 1: this next clip will get into a little bit about
• 6:06
  Speaker 1: you know, can this deal even happen? What would the
• 6:09
  Speaker 1: market do all that kind of stuff, because I think
• 6:11
  Speaker 1: a lot of people are still surprised about this. Take
• 6:12
  Speaker 1: a look.
• 6:13
  Speaker 5: But if there is a TikTok ban, and I think
• 6:15
  Speaker 5: the market is really heavily discounting this by more than
• 6:17
  Speaker 5: it probably should. I think the beneficiaries of this are
• 6:21
  Speaker 5: going to be Google, YouTube, YouTube shorts, and reels at
• 6:25
  Speaker 5: meta who's the bigger beneficiary if the band goes into
• 6:28
  Speaker 5: effecting meta platforms. What's the percentage chance mark that you
• 6:31
  Speaker 5: think this band actually goes through with TikTok. I guess
• 6:34
  Speaker 5: it's still a minority chance, So you know, I don't
• 6:36
  Speaker 5: think it's a probability. It's less than fifty percent chance.
• 6:39
  Speaker 5: Maybe it's twenty twenty five percent. I'm just struck by
• 6:41
  Speaker 5: talking with investors as a belief that there's single digital
• 6:43
  Speaker 5: percent chance that it goes through.
• 6:45
  Speaker 1: All right, So you can kind of look at this
• 6:47
  Speaker 1: and I would say that that is kind of an
• 6:48
  Speaker 1: old model of thinking, mainly because the likelihood if this
• 6:53
  Speaker 1: does happen, and there's a good probability this will happen
• 6:57
  Speaker 1: to protect American you know, users of the social media
• 7:00
  Speaker 1: a platform on TikTok, you have to look at the
• 7:02
  Speaker 1: evolution of where this is going. I don't necessarily maybe,
• 7:05
  Speaker 1: of course meta, Google, YouTube, et cetera will gain some
• 7:10
  Speaker 1: market share, but I don't know that they're going to
• 7:12
  Speaker 1: gain that much. If m Coort's team is successful. Just
• 7:15
  Speaker 1: look at the number of transactions frequency is I'm going
• 7:18
  Speaker 1: to just click that this is frequency, which is the chain.
• 7:22
  Speaker 1: Essentially look at the transaction growth that we're already talking about.
• 7:25
  Speaker 1: That's the kind of scenario that are playing into it.
• 7:28
  Speaker 1: And there's a lot of other components here. There's an
• 7:30
  Speaker 1: AI component We're going to click, Neuroweb, frequency and follow.
• 7:34
  Speaker 1: These are the ones that essentially all ride within the
• 7:37
  Speaker 1: Poka Dot So you can see the growth here very dynamic.
• 7:40
  Speaker 1: And when you look at the involvement of Follow network Jee,
• 7:44
  Speaker 1: this is just showing you a lot of the companies
• 7:45
  Speaker 1: that are utilizing in this and the reason is because
• 7:48
  Speaker 1: of this right here, and this essentially is a security
• 7:51
  Speaker 1: mechanism for AI. All of this writing within the Polka
• 7:55
  Speaker 1: dot chain. So this is all good good for Poka Dot,
• 7:58
  Speaker 1: also good i think for crypto in general. Let's take
• 8:00
  Speaker 1: a look also at the top AI big data. This
• 8:03
  Speaker 1: is token tokens by market CAAP. So if you look
• 8:05
  Speaker 1: down many of these, you're going to recognize there's render
• 8:08
  Speaker 1: protocol right there. Virtuals we've talked about quite a bit,
• 8:11
  Speaker 1: near etc. Then if you scan further on down into
• 8:15
  Speaker 1: it there's following network right there, which is let me
• 8:17
  Speaker 1: kind of zoom in on that for you guys right
• 8:19
  Speaker 1: there follow network, so holding it around two hundred and
• 8:21
  Speaker 1: fifty in terms of two hundred fifty million in terms
• 8:23
  Speaker 1: of market gap. Look at the projects that this potentially
• 8:26
  Speaker 1: could leap should we start to see some of this.
• 8:29
  Speaker 1: There's I on at ICP injective. Would not take much
• 8:32
  Speaker 1: to be able to really start to climb up the
• 8:34
  Speaker 1: charts here around the AI ecosystem. So a big advantage
• 8:38
  Speaker 1: one that we're definitely watching closely. The other thing that
• 8:42
  Speaker 1: I want to get into is AI involvement on this.
• 8:45
  Speaker 1: This is a good example right here of AI agents
• 8:47
  Speaker 1: being utilized on social media. This is one good example.
• 8:50
  Speaker 1: We're going to see a lot more of that, especially
• 8:54
  Speaker 1: as we start to see these AI agents start to
• 8:56
  Speaker 1: move out and of course look it out, we'll be
• 8:58
  Speaker 1: involved in that as well. I want to go to
• 9:00
  Speaker 1: a clip real quick. This will give you an example
• 9:02
  Speaker 1: of how it's being used. Take a look.
• 9:04
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  Speaker 1: All right, So those are agents that are going to
• 9:30
  Speaker 1: essentially educate, entertain become part of the social media narrative
• 9:34
  Speaker 1: out there, and I think that is another major major
• 9:37
  Speaker 1: factor going forward. And TikTok, of course, is going to
• 9:40
  Speaker 1: be a very key component within this. You look at
• 9:43
  Speaker 1: Leah right here on Saul, you can kind of see
• 9:45
  Speaker 1: some of the movement just within the agent itself in
• 9:48
  Speaker 1: terms of the token, which is again we've talked about
• 9:50
  Speaker 1: AI agents quite a bit. A lot of movement is happening,
• 9:53
  Speaker 1: and it's still very very early on a lot of
• 9:56
  Speaker 1: these things, so there is so much that is waiting
• 9:59
  Speaker 1: in the wings. Just look at at the TikTok account
• 10:01
  Speaker 1: of this particular AI agent. This is one right here.
• 10:04
  Speaker 1: It's got nine point nine million, like seven hundred and
• 10:06
  Speaker 1: twenty five thousand followers and it's just getting started. So
• 10:09
  Speaker 1: if we see a lot more of that, imagine what
• 10:11
  Speaker 1: that would look like in TikTok where they could onboard
• 10:15
  Speaker 1: people into Web three, possibly into a Polka Dot wallet.
• 10:18
  Speaker 1: So that's another major factor going forward. All right, Now,
• 10:21
  Speaker 1: if you look at gaming on Polka Dot, then you
• 10:23
  Speaker 1: got to look at Mythos. There's the chains that are
• 10:26
  Speaker 1: kind of leading the way. Mythos chain right there, number one,
• 10:29
  Speaker 1: closing in on Salona for daily sales volume. And if
• 10:32
  Speaker 1: you look at the transactions over on polka Dot, let
• 10:34
  Speaker 1: me just click Mythos and go into the selection again,
• 10:38
  Speaker 1: more explosion there on Mythos. So this is another one
• 10:42
  Speaker 1: we've been talking about for quite some time that you
• 10:44
  Speaker 1: should be watching and paying close attention to. Let's go
• 10:47
  Speaker 1: into payments on polka Dot. This is where Polka Dot
• 10:50
  Speaker 1: starts to fall down. This is the execution side of
• 10:52
  Speaker 1: pokdon not great, totally understand. Take a look at that.
• 10:57
  Speaker 1: You guys probably remember this video, we've played it before
• 11:00
  Speaker 1: for not well done. If you think about that and
• 11:03
  Speaker 1: then you look at other chains out there that are
• 11:05
  Speaker 1: executing well, the one you've got to probably consider is
• 11:07
  Speaker 1: going to be Avalanche. This is the amount of agents
• 11:09
  Speaker 1: and they haven't even launched a project yet. So the
• 11:12
  Speaker 1: potential here for Avalanche of executing in this area of
• 11:15
  Speaker 1: AI agents is very big. All of that playing into
• 11:18
  Speaker 1: this is going to be huge. The other thing you
• 11:20
  Speaker 1: look at right here is this suite a lot of
• 11:22
  Speaker 1: inbound interest on AI projects AI agent on Avalanche, you
• 11:25
  Speaker 1: might want to wait a little bit before they get
• 11:26
  Speaker 1: going here. So with this, it's very possible that AI
• 11:30
  Speaker 1: agents could be the number one user of social media
• 11:34
  Speaker 1: platforms like TikTok. Remember we've shown this before and if
• 11:37
  Speaker 1: you look back at some of our coverage, AI agents
• 11:40
  Speaker 1: are actually becoming the number one user of crypto in general.
• 11:44
  Speaker 1: That is a major factor going forward. So a lot
• 11:47
  Speaker 1: lining up here, both on gaming transactional social media. Obviously
• 11:52
  Speaker 1: that all plays into the future of where Web three
• 11:55
  Speaker 1: is going. We're going to continue to cover this for
• 11:57
  Speaker 1: you guys, try to kind of dial down, especially as
• 12:00
  Speaker 1: we understand what's happening with the band if it does
• 12:04
  Speaker 1: go through, and what that timing might be, because still
• 12:06
  Speaker 1: the acquisition is going to take some time for that
• 12:08
  Speaker 1: to occur. But I anticipate Polkado's probably going to pump
• 12:11
  Speaker 1: on where this is going. If you look at the
• 12:13
  Speaker 1: current chart on dot just to give you guys, a
• 12:16
  Speaker 1: little bit of a look here really coming off that
• 12:19
  Speaker 1: top roadly around what was it ten sixty, all the
• 12:23
  Speaker 1: way down to where it's trading right now at about
• 12:24
  Speaker 1: seven oh eight. So I don't know if this is
• 12:26
  Speaker 1: the place to enter, but it is one thing to consider.
• 12:29
  Speaker 1: With all these things on deck around TikTok. All right,
• 12:33
  Speaker 1: if you guys are not in the diamond circle, make
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• 12:40
  Speaker 1: to do is click the link down below, and of
• 12:42
  Speaker 1: course you can actually follow me out there on TikTok,
• 12:44
  Speaker 1: which is official Paul Baron. We'll catch you next time
• 12:47
  Speaker 1: right here on tech Path