Latest / The Paul Barron Crypto Show / Banks Destroying Crypto Faith!✝️Catholic Church vs CLARITY!?🔥

Transcript

Banks Destroying Crypto Faith!✝️Catholic Church vs CLARITY!?🔥 · The Paul Barron Crypto Show

• 0:00
  Speaker 1: The banks are trying to make you lose faith. Today
• 0:02
  Speaker 1: we're going to be breaking that down in a very
• 0:04
  Speaker 1: interesting way where maybe hope is actually being reinstilled into crypto.
• 0:09
  Speaker 2: Let's just jump into it.
• 0:10
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  Speaker 1: out in XRP. So click the link down below. You
• 1:03
  Speaker 1: guys are not want to miss this one. It is
• 1:05
  Speaker 1: an awesome one. I do want to start off first
• 1:08
  Speaker 1: with a clip, and this, of course is going into
• 1:11
  Speaker 1: what Cynthia Lummas, Senator Lummas is saying about Clarity.
• 1:15
  Speaker 2: Take a look.
• 1:16
  Speaker 3: We're finally to the point where we're going to put
• 1:19
  Speaker 3: out a text over the July fourth and give people
• 1:22
  Speaker 3: one last really thorough look at the bill.
• 1:26
  Speaker 4: And then we're moving in July.
• 1:28
  Speaker 2: You're going to.
• 1:28
  Speaker 5: Move in July.
• 1:30
  Speaker 2: But the banks are fighting.
• 1:32
  Speaker 1: It, and the banks are fighting it, and they're fighting
• 1:34
  Speaker 1: it in a very new and intriguing way. And that
• 1:39
  Speaker 1: is right here. This was a letter to the administration officials.
• 1:42
  Speaker 1: You'll notice here getting the issue of law enforcement behind
• 1:47
  Speaker 1: the banks, actually going in and getting all of law enforcement,
• 1:51
  Speaker 1: including sheriff's, prosecutors, you name it, to support the issue
• 1:55
  Speaker 1: of what Clarity may bring. So as you can see,
• 1:59
  Speaker 1: they are digging deep. The only thing bigger than law enforcement,
• 2:02
  Speaker 1: well you'd have to go on the side of faith.
• 2:05
  Speaker 1: And there you have it, Cryptos Clarity Act now has
• 2:07
  Speaker 1: a new enemy, and that is the Catholic leaders. Look
• 2:10
  Speaker 1: at some of the things they're focusing on right now.
• 2:12
  Speaker 1: Catholic Social Teaching calls upon apolls solidarity, protect vulnerable, and
• 2:16
  Speaker 1: insure that economic systems are ordered toward justice rather than exploitation.
• 2:22
  Speaker 1: Notice here the word exploitation. I always say the banks
• 2:25
  Speaker 1: have been exploiting many things greater than what we have
• 2:29
  Speaker 1: seen anything coming out of Clarity. The group also specifically
• 2:32
  Speaker 1: called out section of the Clarity Act dubbed the Blockchain
• 2:35
  Speaker 1: Regulatory Certainty Section BRCA. You guys know this because this
• 2:39
  Speaker 1: would exempt developers of decentralized software from criminal prosecution. So essentially,
• 2:45
  Speaker 1: you make software, you could be a bad guy. And
• 2:47
  Speaker 1: this is the Catholic Church now starting to come behind
• 2:51
  Speaker 1: what's going on within the bank's challenge of going forward.
• 2:55
  Speaker 1: And let's remember that there were some ties with even
• 3:00
  Speaker 1: Jeffrey Epstein, with some of these banks, so that in itself,
• 3:03
  Speaker 1: I think is counterproductive of what the Catholic Church is
• 3:06
  Speaker 1: trying to do, and so much so that there's been
• 3:09
  Speaker 1: a lot of people out there online that are seeing
• 3:11
  Speaker 1: right through this, watch this one.
• 3:13
  Speaker 5: I'm Catholic, I was born and raised Catholic. Well by
• 3:15
  Speaker 5: you know, I had to do the thing or whatever.
• 3:17
  Speaker 5: But it's like, shut up, what are you guys doing.
• 3:19
  Speaker 6: The Catholics didn't have any problem with the clarity at
• 3:23
  Speaker 6: when it was in the house.
• 3:24
  Speaker 2: We're in the fourth quarter.
• 3:26
  Speaker 5: Some ivory tower reigning over these two entities is saying
• 3:29
  Speaker 5: it is telling them what they need to say.
• 3:31
  Speaker 6: They went and donated some money to some Catholic organizations
• 3:36
  Speaker 6: to influence them to get on board. This has nothing
• 3:39
  Speaker 6: to do with human trafficking.
• 3:41
  Speaker 5: The law enforcement people, they don't have a valid concern,
• 3:44
  Speaker 5: but it is their place to say something. The Catholic
• 3:46
  Speaker 5: Church is not.
• 3:47
  Speaker 1: So if you look at the JP Mortgar Chase Foundation,
• 3:50
  Speaker 1: their annual giving right now three out fifteen million, so
• 3:53
  Speaker 1: it's possible. Yeah, there could be some support there. Definitely
• 3:56
  Speaker 1: going into this, and I think you have to maybe
• 4:00
  Speaker 1: look further into it all the way into things they've
• 4:03
  Speaker 1: done in the past and helping different religious organizations out there.
• 4:06
  Speaker 1: This of course was seventeen and a half million construction loan,
• 4:10
  Speaker 1: three and a half million in permanent loan. All was
• 4:12
  Speaker 1: this was designed under JP Moore and Chase, So there
• 4:15
  Speaker 1: are a lot of ties here and this is definitely
• 4:18
  Speaker 1: going a little deeper into the pool because remember, you know,
• 4:22
  Speaker 1: I think the Christian faith is probably one of the
• 4:24
  Speaker 1: larger voting blocks out there, especially when you look at
• 4:27
  Speaker 1: Republicans and the kind of pressure this now might put
• 4:30
  Speaker 1: on an unknowing Christian out there that's looking at this
• 4:34
  Speaker 1: and say, wait a minute, is this bad for society?
• 4:37
  Speaker 1: That's the concern, and I think the doubt they're trying
• 4:39
  Speaker 1: to get into this. Let's go into this right here,
• 4:42
  Speaker 1: because this is the letter that was put out all
• 4:46
  Speaker 1: of the BVM that's involved in this, And when you
• 4:49
  Speaker 1: look at who is involved in the BVM, well, guys,
• 4:53
  Speaker 1: there it is Sisters of Charity and that's the Blessed
• 4:55
  Speaker 1: Virgin Mary. Then what you're looking at is are they
• 4:58
  Speaker 1: taking advantage of some these organizations and trying to leverage
• 5:02
  Speaker 1: them basically because they don't understand it, and they have
• 5:05
  Speaker 1: a very powerful and passionate coalition that's geared towards something
• 5:09
  Speaker 1: that does matter. Only problem has nothing to do with clarity,
• 5:12
  Speaker 1: and I think that's the problem that we're dealing with,
• 5:14
  Speaker 1: all right. So I want to go to a clip
• 5:15
  Speaker 1: because this clip is of the ABA. It's Rob Nichols,
• 5:18
  Speaker 1: pretty much the head of the banking army out there,
• 5:21
  Speaker 1: and what they're trying to do because they understand they
• 5:24
  Speaker 1: need one more final thing to get what they want
• 5:28
  Speaker 1: in the end.
• 5:29
  Speaker 7: Take a look and while the Clarity Act that moved
• 5:32
  Speaker 7: out of the Senate Banking Committee was far from perfect,
• 5:34
  Speaker 7: it was much improved thanks to banker advocacy. And in
• 5:38
  Speaker 7: the coming days we'll be asking you to join us
• 5:41
  Speaker 7: in a final, full scale push to get the Senate
• 5:44
  Speaker 7: to strengthen this critical piece of legislation.
• 5:47
  Speaker 2: So what is it that they're trying to do.
• 5:49
  Speaker 1: And because we were following these guys for quite some time,
• 5:51
  Speaker 1: and if you look on their website right there, first
• 5:54
  Speaker 1: thing is this grassroots action alert. You drop into that,
• 5:58
  Speaker 1: and it is all about Main Street. Yeah, that's right.
• 6:01
  Speaker 1: It's all the businesses, bank employees, community banks, restaurants, small businesses, hospitality, construction.
• 6:08
  Speaker 2: Farm and ranch.
• 6:10
  Speaker 1: They are employing every entity out there to try to
• 6:14
  Speaker 1: get that last bit of business away from Clarity because
• 6:18
  Speaker 1: they understand, guys, this is pretty much the end of
• 6:20
  Speaker 1: banking as we know it. If, in fact that Clarity
• 6:23
  Speaker 1: gets underway, it's changing the dynamics of how the future
• 6:27
  Speaker 1: of finance is going to be. And I think that's
• 6:28
  Speaker 1: the reason they are fighting so hard. Stand with Crypto
• 6:32
  Speaker 1: is out there, and I think this is another one
• 6:34
  Speaker 1: they will be voting. That's right, you guys will be voting.
• 6:37
  Speaker 1: When you look at it, seventy four percent of crypto
• 6:40
  Speaker 1: owners more likely to support a candidate who backs clearer
• 6:43
  Speaker 1: crypto regulations. I want every Senator and congressperson to understand
• 6:49
  Speaker 1: that's the kind of audience you are facing. And forty
• 6:52
  Speaker 1: seven percent of them say that they will absolutely vote
• 6:55
  Speaker 1: on these single issues. So this to me is a
• 6:59
  Speaker 1: major scenario that's playing into the midterms. If this does
• 7:03
  Speaker 1: not go through, crypto users and owners, I think we'll
• 7:07
  Speaker 1: look at this as though as Congress has failed them,
• 7:09
  Speaker 1: and then of course the payback will be in the midterms.
• 7:14
  Speaker 1: Further into this, Ripple is joining the fight because they're
• 7:16
  Speaker 1: going in and creating the Clarity truck and the IEA
• 7:20
  Speaker 1: is I like it, you know, absolutely transparent, Absolutely transparent,
• 7:25
  Speaker 1: which is exactly what it is when it comes to
• 7:27
  Speaker 1: the Clarity Act other things that are happening out there.
• 7:29
  Speaker 1: You've got XRP is probably going to be one of
• 7:31
  Speaker 1: the biggest losers here if in fact Clarity does not
• 7:35
  Speaker 1: go through. And right now it is hitting the ninety
• 7:39
  Speaker 1: day SMA, so we are dealing with a pretty big
• 7:42
  Speaker 1: pressure on the XRP token right now as at nears
• 7:45
  Speaker 1: one dollar. If this doesn't go through, then who's going
• 7:49
  Speaker 1: to be the winner. Well, there's going to be some
• 7:51
  Speaker 1: alternatives here, and Ripple may be playing a card here.
• 7:54
  Speaker 4: Take a look as we move towards more crypto strategies,
• 7:58
  Speaker 4: more stable coin. I was in Asia two weeks ago,
• 8:02
  Speaker 4: and you know, the countries are all talking about creating
• 8:04
  Speaker 4: their own stable coin. If we don't handle this properly,
• 8:10
  Speaker 4: we are going to lose this.
• 8:11
  Speaker 8: Right and Ripple's dollar back stable coin r l USD
• 8:16
  Speaker 8: is now greenlet for usage in Japan after clearing the
• 8:19
  Speaker 8: country's financial regulator, giving the token entry into one of
• 8:23
  Speaker 8: Asia's most tightly regulated crypto markets. The Japan Financial Services
• 8:28
  Speaker 8: Agency approved r LSUD as a new type of electronic
• 8:32
  Speaker 8: payment instrument. Japan runs one of the strictest stable coin
• 8:36
  Speaker 8: regimes in the world, so clearing a foreign issue dollar
• 8:39
  Speaker 8: stable coin for both institutional and retail use is a
• 8:43
  Speaker 8: key regulatory step.
• 8:44
  Speaker 1: I put a tweet out on this yesterday when this
• 8:47
  Speaker 1: news hit because it's a pretty significant move here. XRP
• 8:52
  Speaker 1: obviously will be part of this because our LUSD now
• 8:56
  Speaker 1: is regulatorily approved in Japan. I think this may be
• 9:00
  Speaker 1: a scenario where the United States may have already lost
• 9:03
  Speaker 1: our pole position. In fact, we may already be behind
• 9:07
  Speaker 1: the eight ball on this, and this I think will
• 9:09
  Speaker 1: play out pretty badly if, in fact we do not
• 9:13
  Speaker 1: get clarity going through. So Ripple is saving the US
• 9:17
  Speaker 1: dollar with this new feature that's being implemented in Japan,
• 9:21
  Speaker 1: and the likelihood of this accelerating is pretty big in
• 9:24
  Speaker 1: terms of growth and opportunity, and the contagion effect in
• 9:28
  Speaker 1: a good way in Asia will most likely be very competitive,
• 9:32
  Speaker 1: meaning other countries South Korea, you're going to see the Philippines,
• 9:35
  Speaker 1: et cetera starting to move very aggressively in this direction
• 9:38
  Speaker 1: just to compete with what's going on in Japan. And
• 9:42
  Speaker 1: it's already overtaken Ethereum in terms of the market cap
• 9:45
  Speaker 1: by network. XRP is now the leader even over Ethereum
• 9:50
  Speaker 1: on our LUSC. So good for that, and I think
• 9:53
  Speaker 1: it's going to be good for in general for Ripple.
• 9:56
  Speaker 1: But the real question is is how does this affect
• 9:58
  Speaker 1: the United States. In fact we don't get a clarity,
• 10:01
  Speaker 1: situation really pulled together here. Now the urgency issue is
• 10:06
  Speaker 1: what is coming out of Congress right now, and we're
• 10:09
  Speaker 1: hearing this in a lot of different ways right now,
• 10:12
  Speaker 1: and I want to go to a clip because it
• 10:14
  Speaker 1: might explain how this urgency may be the thing we need.
• 10:17
  Speaker 9: Take a look what is the outlook to get the
• 10:20
  Speaker 9: bill through the House and ultimately to the President's desk,
• 10:23
  Speaker 9: Because I know.
• 10:23
  Speaker 2: I want to go to the signing ceremony.
• 10:25
  Speaker 10: I have bought a new dress to wear for when
• 10:27
  Speaker 10: it happens.
• 10:28
  Speaker 9: I'm manifesting all the bright red. The Senate will almost
• 10:32
  Speaker 9: never deliver a work product unless there is a clear
• 10:35
  Speaker 9: and present and pressing timeline. We are not going to
• 10:39
  Speaker 9: get this done. If we don't get it done this year,
• 10:42
  Speaker 9: that's the most likely scenario. I don't think failure is
• 10:45
  Speaker 9: an option. I want to be able to tell you,
• 10:47
  Speaker 9: out of solidarity that I too have bought a new
• 10:49
  Speaker 9: dress for the signing ceremony.
• 10:51
  Speaker 1: I have not eleanor Torre Tarrett hit on this very point.
• 10:55
  Speaker 1: There is a renewed sense of urgency among GOP lawmakers,
• 10:59
  Speaker 1: and all of this is driven by heightened political pressure
• 11:02
  Speaker 1: following the fallout from the Housing Bill. And remember that
• 11:05
  Speaker 1: the Housing Bill and Save Act are kind of the
• 11:08
  Speaker 1: two things that Trump is in the midst of right now,
• 11:12
  Speaker 1: and this actually may have a connection to clarity. And
• 11:15
  Speaker 1: I'll explain a little bit more here in a second,
• 11:18
  Speaker 1: but I want to go to the fact that there
• 11:20
  Speaker 1: is still momentum on this take a look doubt.
• 11:23
  Speaker 10: It was great to speak with Mike Schwabs, Managing Director
• 11:27
  Speaker 10: of Legislative and Regulatory Affairs. He told me that the
• 11:31
  Speaker 10: desire from Congress is still there. There really is a push,
• 11:35
  Speaker 10: but there are issues that remain. Particularly there are some
• 11:38
  Speaker 10: ethics concerns related to the Trump family and their crypto holdings,
• 11:42
  Speaker 10: and the July fourth to the August recess, that time
• 11:46
  Speaker 10: period is essentially now or never, and right now the
• 11:50
  Speaker 10: White House may have other legislative priorities. We heard a
• 11:54
  Speaker 10: lot from President Trump about the Save America Act recently,
• 11:57
  Speaker 10: but he has been also making a push to get
• 11:59
  Speaker 10: Clarity already done too.
• 12:01
  Speaker 1: Trump might be onto something here because if he can
• 12:03
  Speaker 1: somehow get the Democrats the housing bill, if they give
• 12:07
  Speaker 1: him clarity. Timing will be very critical here, but it's
• 12:11
  Speaker 1: not really just three weeks there. We actually lose a
• 12:14
  Speaker 1: week in there, so it really boils down to just
• 12:17
  Speaker 1: the last two weeks in July and maybe that first
• 12:19
  Speaker 1: week in August to try to get something locked up
• 12:22
  Speaker 1: going into this so of course we're going to have
• 12:25
  Speaker 1: a hearing on it. This will be one of the
• 12:26
  Speaker 1: things that takes up one of those weeks, which makes
• 12:29
  Speaker 1: it even more urgent because the time is literally just
• 12:32
  Speaker 1: out and that's where we are right now.
• 12:34
  Speaker 2: And to that.
• 12:37
  Speaker 1: Clip right that we played, I think the urgency on
• 12:40
  Speaker 1: the Senate, I think he's right because if you look
• 12:42
  Speaker 1: back on getting through things through the Senate, it has
• 12:46
  Speaker 1: been that way. They really go down to the last minute.
• 12:49
  Speaker 1: And I think that's where we're going to be at
• 12:51
  Speaker 1: right now. I want to go further into this because
• 12:53
  Speaker 1: this is where Trump maybe has the leverage over Warren
• 12:58
  Speaker 1: that he's been looking for. And it's related to housing bill.
• 13:00
  Speaker 3: Take a look, Americans want housing costs to go down,
• 13:05
  Speaker 3: and we have a law that has passed through the House,
• 13:09
  Speaker 3: through the Senate, ready to go, and Donald Trump wakes
• 13:14
  Speaker 3: up this morning and decides he just can't sign it
• 13:18
  Speaker 3: into law. This is the biggest housing package coming out
• 13:22
  Speaker 3: of the United States government in more than thirty years,
• 13:28
  Speaker 3: and now, oh we need is Donald Trump Justice say yes,
• 13:34
  Speaker 3: we will get this bill passed. We will get it
• 13:38
  Speaker 3: passed while the Republicans are still in good draller, damn it.
• 13:41
  Speaker 3: The Democrats will take over and we will get it passed.
• 13:44
  Speaker 3: Sign the bill, mister president.
• 13:48
  Speaker 2: All right.
• 13:48
  Speaker 1: So this could be a good play for Trump, and
• 13:52
  Speaker 1: he maybe he's using it that way.
• 13:54
  Speaker 2: If he were to hold this hostage a little bit.
• 13:57
  Speaker 1: He can't go too far, I don't think, but he
• 13:59
  Speaker 1: would give the Democrats will win, especially going into the midterms.
• 14:02
  Speaker 1: This would be a big deal right there. You can
• 14:04
  Speaker 1: kind of see the polymarket. It's pretty high on the
• 14:06
  Speaker 1: probability of getting a chance of this getting signed in July.
• 14:10
  Speaker 1: That's still starting in just a few days. So maybe
• 14:13
  Speaker 1: Trump and the administration are finally in a good position
• 14:17
  Speaker 1: where they could actually get the Clarity Act in exchange
• 14:21
  Speaker 1: for signing off on the housing bills. So there might
• 14:24
  Speaker 1: be a play here. But again this could a very
• 14:26
  Speaker 1: fine line. He can only push it so far because
• 14:28
  Speaker 1: you've got, of course, Maximine Water is staying in the House,
• 14:31
  Speaker 1: is prepped to override the veto of Trump come if
• 14:33
  Speaker 1: it does come, and I think that's one of those
• 14:35
  Speaker 1: things that just gets in the way. But maybe there
• 14:39
  Speaker 1: is a window here for him to get this done
• 14:41
  Speaker 1: and have clarity be a part of it. So let's
• 14:44
  Speaker 1: go back to urgency here, because the market.
• 14:47
  Speaker 2: Is in meldown. You guys have seen this.
• 14:49
  Speaker 1: We've already seen Coinbase off sixty nine, Oracle fifty seven down,
• 14:53
  Speaker 1: these are all down, Netflix down forty eight. These are major,
• 14:57
  Speaker 1: major stocks that are in almost every ETF, almost every
• 15:01
  Speaker 1: fund out there. And I think if they don't watch out,
• 15:05
  Speaker 1: the Democrats might get blamed for this, or at least
• 15:07
  Speaker 1: Congress could get blamed if this continues to go down
• 15:10
  Speaker 1: and we don't see stimulus or at least liquidity starting
• 15:14
  Speaker 1: to flow back into the market, maybe clarity is the
• 15:16
  Speaker 1: trigger to make that happen further into the crash cycle.
• 15:20
  Speaker 1: You've got to look at micro strategy right there, or strategy,
• 15:23
  Speaker 1: and that's the example of right now what's happening, And
• 15:27
  Speaker 1: of course Sailor tweeted after this strategy remains the focus
• 15:31
  Speaker 1: on bitcoin. We appreciate all our investors to continue to execute.
• 15:35
  Speaker 1: You put the master cash tag there to try to
• 15:38
  Speaker 1: reinforce that. But this is one of the things I
• 15:40
  Speaker 1: think that Congress may not completely understand what we are
• 15:44
  Speaker 1: in right now in terms of the market. It is
• 15:46
  Speaker 1: a free fall, and it could be getting into a
• 15:49
  Speaker 1: contagion situation. So not a good situation overall. I want
• 15:54
  Speaker 1: to go to another clip here because this is where
• 15:56
  Speaker 1: people have maybe just lost hope in what Sailor is
• 15:59
  Speaker 1: trying to do.
• 16:00
  Speaker 10: Take a look now, I bought it at four hundred,
• 16:02
  Speaker 10: then I bought it at three hundred, then two fifty,
• 16:04
  Speaker 10: then two hundred and one fifty, one hundred.
• 16:06
  Speaker 2: Now I want to buy at eighty five. At what
• 16:08
  Speaker 2: point is it just mental illness?
• 16:10
  Speaker 11: Today is the day that many people have given up hope,
• 16:12
  Speaker 11: they've given up faith, and a lot of that is
• 16:15
  Speaker 11: due to a single man. I said, I bought twenty
• 16:17
  Speaker 11: thousand dollars. That was it, like eighty four dollars. We're
• 16:20
  Speaker 11: at what seventy seven dollars right now? Are you kidding
• 16:23
  Speaker 11: me and say that Stretch is something this is stable
• 16:28
  Speaker 11: as a money market account.
• 16:30
  Speaker 2: You disgusted me. Everyone's telling them just.
• 16:32
  Speaker 11: Stop buying bitcoin, for the love of God, stop buying it,
• 16:36
  Speaker 11: and he's not stopping. I'm not soying you. I've been
• 16:40
  Speaker 11: buying more of this dog shit asset. It's a dark day.
• 16:44
  Speaker 1: So as you can see, there market absolutely and fatigue
• 16:48
  Speaker 1: around Stretch and micro strategy, and I think the point
• 16:51
  Speaker 1: is probably going to get to an issue if we
• 16:53
  Speaker 1: continue to see Bitcoin going down. So another thing we
• 16:56
  Speaker 1: should be concerned about, and only that of what's going
• 16:58
  Speaker 1: on with micro strategy and sailor, is what's happening in
• 17:01
  Speaker 1: the rest of crypto, and most of that has been
• 17:03
  Speaker 1: threatened by what's going on in the quantum debate. President
• 17:07
  Speaker 1: Trump now signing two twin executive orders to accelerate US
• 17:10
  Speaker 1: quantum computing development. This in itself has already started to
• 17:14
  Speaker 1: put pressure on Bitcoin as well as ethereum and others,
• 17:17
  Speaker 1: but there are some possibilities out there that could change this.
• 17:21
  Speaker 1: As Trump signs this quantum bill, take a.
• 17:23
  Speaker 12: Look the next five years, and we're going to be
• 17:26
  Speaker 12: investing in American quantum leadership like never before. The second
• 17:31
  Speaker 12: owner I'm signing direct federal agency to transition to one
• 17:35
  Speaker 12: is called quantum cryptography. Do you anybody know what that is?
• 17:41
  Speaker 12: You're going to here very soon, so you're going to
• 17:43
  Speaker 12: find it interesting. Cryptography, all right.
• 17:50
  Speaker 1: So as you can see there, Bitcoin I don't think
• 17:53
  Speaker 1: is prepared for quantum cryptography. It's cryptography is the idea
• 18:00
  Speaker 1: behind this. But I don't think the government's prepared for
• 18:03
  Speaker 1: this either, and then you have to look at the
• 18:05
  Speaker 1: possibility of what is prepared for it. Hopefully, Ethereum Sharplink
• 18:09
  Speaker 1: has now entered into their buying phase once again after
• 18:13
  Speaker 1: eight month hiatus, so this is good for ETH in general.
• 18:17
  Speaker 1: Purchase lifts the holdings to eight hundred and seventy six
• 18:19
  Speaker 1: thousand ETH. While all of this is happening in the
• 18:22
  Speaker 1: market right now, while micro Strategy is starting to run
• 18:26
  Speaker 1: into some problems. Guess what on June twenty sixth Russell
• 18:30
  Speaker 1: one thousand is now getting one more participant and that
• 18:33
  Speaker 1: will be bmin Ar.
• 18:34
  Speaker 2: So pretty big.
• 18:35
  Speaker 1: Deal out there in the sense of how ETH. And
• 18:38
  Speaker 1: remember that Tom Lee has put a limit on how
• 18:42
  Speaker 1: much they're going to buy. Five percent has been their target.
• 18:45
  Speaker 1: He's been very consistent about this and he understands the
• 18:48
  Speaker 1: revenue opportunity of what that means just the staking engine alone.
• 18:52
  Speaker 1: It signals to the market that he and bitmind won't
• 18:56
  Speaker 1: end up being a detriment to the actual ecosystem with
• 18:59
  Speaker 1: too much centralized control of the asset. And that is
• 19:01
  Speaker 1: a concern that everybody's already voiced out there in terms
• 19:05
  Speaker 1: of black Rock. What's going on with micro strategy, et cetera.
• 19:07
  Speaker 1: Around Bitcoin. One thing that the market hasn't necessarily lost
• 19:11
  Speaker 1: faith in, of course, is the AI play, and it
• 19:14
  Speaker 1: may just be getting started. Here is Onto talking about this.
• 19:16
  Speaker 1: AI agents can out trade token ice stocks. Forty thousand
• 19:19
  Speaker 1: virtuals A agents now are operational.
• 19:23
  Speaker 2: This is just getting going too guys.
• 19:24
  Speaker 1: Imagine the kind of volume that we're going to see
• 19:28
  Speaker 1: when AI agents out there are trying to leverage and
• 19:31
  Speaker 1: get the best performing asset to get the most returned
• 19:35
  Speaker 1: for their masters.
• 19:36
  Speaker 2: So to speak.
• 19:38
  Speaker 1: I think this is going to be a huge continuation
• 19:41
  Speaker 1: of AI integration going forward. So just to kind of
• 19:44
  Speaker 1: connect the dots here, here's the co founder of Optimism
• 19:47
  Speaker 1: and he talks a little bit about why we haven't
• 19:48
  Speaker 1: even scratched the surface yet.
• 19:50
  Speaker 2: Take a look.
• 19:51
  Speaker 13: I actually got into Ethereum because of my obsession with AI.
• 19:55
  Speaker 2: There is a gold rush.
• 19:57
  Speaker 13: As you know, to be embedded in the A toolchain.
• 20:01
  Speaker 13: It is going to be bigger and bigger every single year.
• 20:05
  Speaker 13: Everything from X four two MCP just generally using an
• 20:09
  Speaker 13: AI agent, they will oftentimes bring you on chine whether
• 20:14
  Speaker 13: you like it or not. I don't think we have
• 20:16
  Speaker 13: even scratched the surface because our AI agents are just.
• 20:19
  Speaker 2: Now gaining long term memory.
• 20:21
  Speaker 13: You can lose faith, you can lose sight, and you
• 20:24
  Speaker 13: get sad. But the reality is that we are getting
• 20:27
  Speaker 13: closer and closer to that original vision. Every single day.
• 20:30
  Speaker 13: AI is enabling things to be built in crypto that
• 20:36
  Speaker 13: have never been built before. Now with AI, we are
• 20:41
  Speaker 13: able to build more solid foundations that should lower the
• 20:44
  Speaker 13: complexity and enable us to build greater capability. I really
• 20:48
  Speaker 13: think that in the next year we're going to see
• 20:51
  Speaker 13: that capability jump. Literally with the stuff that we are building,
• 20:54
  Speaker 13: I can see that happening.
• 20:56
  Speaker 2: That is the one thing that I'm.
• 20:58
  Speaker 13: Super excited about, as acceleration in Web three that comes
• 21:03
  Speaker 13: from a Web three without compromises, that was a pleasure.
• 21:08
  Speaker 1: We're talking about redefining how all of society is going
• 21:12
  Speaker 1: to be working. I think with the integration of AI,
• 21:14
  Speaker 1: blockchain and so on, the banks cannot stop this. It
• 21:17
  Speaker 1: is not an if. It is a win, and it
• 21:20
  Speaker 1: is a matter of whether or not the banks get
• 21:22
  Speaker 1: in the way or if they actually come to the
• 21:25
  Speaker 1: table and try to do something productive with the rest
• 21:28
  Speaker 1: of it.
• 21:28
  Speaker 2: So keep the faith, guys.
• 21:30
  Speaker 1: I think we are in very early stages and it's
• 21:33
  Speaker 1: just beginning. If you like this video, like and subscribe,
• 21:43
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• 21:46
  Speaker 1: private member group.
• 21:47
  Speaker 2: The link is in the description