Latest / The Paul Barron Crypto Show / Apple Declares WAR!🔥Trump & Fortnite Unite?🚨Yat Siu INTERVIEW

Transcript

Apple Declares WAR!🔥Trump & Fortnite Unite?🚨Yat Siu INTERVIEW · The Paul Barron Crypto Show

• 0:07
  Speaker 1: A lot is happening around the Apple ecosystem Fortnite, along
• 0:11
  Speaker 1: with many other things. Today we wanted to break down
• 0:13
  Speaker 1: all of this and how it's affecting crypto. My name
• 0:15
  Speaker 1: is Paul Berre. Welcome back into tech bath. Let's get
• 0:17
  Speaker 1: into it today. And of course, as you guys know,
• 0:19
  Speaker 1: we've had Yatsu from Animoka Brands on before and he
• 0:23
  Speaker 1: gave us some predictions. I want to show you the
• 0:25
  Speaker 1: video that kind of showcases what's happening now in the market.
• 0:29
  Speaker 1: Take a look.
• 0:29
  Speaker 2: So why are we super bullish this year about gaming?
• 0:31
  Speaker 2: And so come back to the end of the year
• 0:33
  Speaker 2: and see if I'm right or wrong. One of them
• 0:34
  Speaker 2: is a launch of a Nintendo switch to and the
• 0:36
  Speaker 2: bigger event. If there's one game where the narrative of crypto, tokens,
• 0:41
  Speaker 2: meme coins, and set of games can come together, it
• 0:44
  Speaker 2: definitely would be GTA.
• 0:45
  Speaker 1: What the video game maker reported it's fourth quarter results
• 0:48
  Speaker 1: after the bill the stock we mentioned it's up sixty
• 0:51
  Speaker 1: percent year on year, But.
• 0:52
  Speaker 3: Everybody's focused on grand theft dollar six that out of
• 0:54
  Speaker 3: butt that seems like an am Well, it's pretty short delay.
• 0:57
  Speaker 3: It's less than six months. Rockstar Games is trying to
• 1:00
  Speaker 3: create the best thing anyone's ever seen in entertainment. That's
• 1:04
  Speaker 3: a tall order. We just launched the second trailer to
• 1:07
  Speaker 3: four hundred and seventy five million views in twenty four hours,
• 1:10
  Speaker 3: setting a new record the last record.
• 1:14
  Speaker 4: Have you played with it? Have you seen it? Is
• 1:17
  Speaker 4: it done? You don't still render? And how much of
• 1:21
  Speaker 4: these stays on the console?
• 1:23
  Speaker 3: Well, mobile is a fast growing part of our business.
• 1:27
  Speaker 1: And I know he's out there on the road out there,
• 1:29
  Speaker 1: so yeah too. We appreciate you jumping in today.
• 1:31
  Speaker 4: No, thank you for having me. It's always a pleasure
• 1:33
  Speaker 4: to be in your show.
• 1:34
  Speaker 1: You clearly outlined that the likelihood is the preparation for AI.
• 1:39
  Speaker 1: Are you still in this camp? Is that this is
• 1:42
  Speaker 1: the way it's going to happen six months? Do you
• 1:44
  Speaker 1: think they'll delay again? What are your thoughts?
• 1:46
  Speaker 5: So you know how these funny means out there people
• 1:48
  Speaker 5: are talking about how you know sort of a Jesus
• 1:51
  Speaker 5: will come to Earth before before the GTA would launch. However,
• 1:55
  Speaker 5: I don't actually think they'll delay it much much longer.
• 1:58
  Speaker 5: Part of the reason is it's this commercial as well.
• 2:00
  Speaker 5: I mean, at the end of the day, this is
• 2:02
  Speaker 5: probably one of the maybe the most delayed game in
• 2:05
  Speaker 5: history and terms of anticipation as well. But there is
• 2:08
  Speaker 5: something telling, which is the fact that people are still
• 2:10
  Speaker 5: buying GTA five, right so, and we shouldn't discount the
• 2:14
  Speaker 5: fact that the hype for GTA six is actually helping
• 2:17
  Speaker 5: GTA five as well, right so, so it's not like
• 2:19
  Speaker 5: they're like, oh, my goodness, you know, we need a
• 2:21
  Speaker 5: lunch this thing right now.
• 2:22
  Speaker 4: So the anticipation exactly, the anticipation is strong.
• 2:25
  Speaker 5: But the other thing is, you know, to straus Stelling's
• 2:27
  Speaker 5: point and the requirement of the quality of the game,
• 2:31
  Speaker 5: every every version of GTA has essentially surpassed its predecessor.
• 2:35
  Speaker 5: And with AI, I mean, that's the other thing. You know,
• 2:38
  Speaker 5: we know that Take two has taken out specific patents
• 2:40
  Speaker 5: around around around essentially AI in particular for GTA. So
• 2:45
  Speaker 5: we're going to see some very cool, interesting things and
• 2:47
  Speaker 5: if there's one company that can pull it off with
• 2:49
  Speaker 5: the audience and with the revenue size, because one of
• 2:51
  Speaker 5: the one of the problems that we've had in gaming
• 2:53
  Speaker 5: AI broadly is the cost of running it and and
• 2:57
  Speaker 5: so you need a game that's got enough heft in size.
• 3:00
  Speaker 5: And then there's the other thing, which is that you know,
• 3:02
  Speaker 5: GTA six will probably push pricing closer to one hundred dollars,
• 3:06
  Speaker 5: maybe even more, depending what's happening. Right When we first
• 3:09
  Speaker 5: spoke about it at your show, Nintendo Switch two wasn't
• 3:13
  Speaker 5: really part of the major narrative yet because Mario Kart,
• 3:17
  Speaker 5: you know, we didn't expect that Marinkart was going to
• 3:19
  Speaker 5: charge ninety dollars for the physical copy and the switch.
• 3:24
  Speaker 5: The switch to sold out right it's completely sold out.
• 3:27
  Speaker 5: So it just kind of indicates that I think there's
• 3:29
  Speaker 5: probably a lot more price flexibility than the market things,
• 3:31
  Speaker 5: which means that if you're launching GTA six next year, maybe.
• 3:35
  Speaker 4: You could go on ten hundred and twenty. I don't know,
• 3:37
  Speaker 4: but it's bush.
• 3:38
  Speaker 1: The big news of course this week right now is
• 3:40
  Speaker 1: the continued battle between Fortnite and Apple. Apple Akin has
• 3:45
  Speaker 1: blocked Fortnite's submission so they can't release to the US
• 3:48
  Speaker 1: App Store or the Epic Game Store for iOS in
• 3:51
  Speaker 1: the European Union. So this is an issue right now
• 3:54
  Speaker 1: when you look at that, including a lot of things
• 3:57
  Speaker 1: that are happening right now, these are games that are
• 4:00
  Speaker 1: actually kind of hijacking the Fortnite concept inside the Apple
• 4:04
  Speaker 1: App Store, which are basically kind of fake Fortnite games,
• 4:08
  Speaker 1: but Apple is approving those kinds of submissions. What do
• 4:12
  Speaker 1: you make of all of this issue that Fortnite and
• 4:14
  Speaker 1: Apple are into right now?
• 4:16
  Speaker 5: First of all, you know, Tim Sweetey and Epic is
• 4:20
  Speaker 5: doing the good fight. And in a way you probably
• 4:23
  Speaker 5: might recall our own story.
• 4:24
  Speaker 4: You know, we got.
• 4:24
  Speaker 5: Completely platformed by Apple, but we're much smaller company back
• 4:27
  Speaker 5: in the day.
• 4:28
  Speaker 4: We're talking about twenty twelve, and.
• 4:31
  Speaker 5: I think it's just you know, it's like it's like
• 4:33
  Speaker 5: you upset the king, so the king basically does things
• 4:37
  Speaker 5: that kings do.
• 4:38
  Speaker 4: And I think this is part of the issue.
• 4:39
  Speaker 5: And even after this judgment, right, just imagine, right, just
• 4:42
  Speaker 5: even after this judgment and where the judge was like, hey,
• 4:46
  Speaker 5: this is contempt of court, you've got to open up.
• 4:48
  Speaker 5: So then they ended up opening up the payment rails.
• 4:50
  Speaker 5: And you know, we experimented on this, right, so we
• 4:52
  Speaker 5: had one of our studios with Crazy Events Heroes put
• 4:55
  Speaker 5: them essentially a payment system, you know, circumventing the thirty percent,
• 5:00
  Speaker 5: you know, because apparently it's allowed now using the Tower
• 5:03
  Speaker 5: token as a way to sort of purchase you know,
• 5:05
  Speaker 5: basically and use it inside the game, and lo and
• 5:07
  Speaker 5: behold it was approved. So obviously that works, right, But
• 5:10
  Speaker 5: of course the reason why that happened is because of Epic.
• 5:13
  Speaker 5: It is unfortunately, you know, I wouldn't say it's necessarily
• 5:16
  Speaker 5: even just a business decision, and sometimes it's also a
• 5:18
  Speaker 5: very human decision, like we can't necessarily think of it
• 5:20
  Speaker 5: just purely as this. You know, it's like it feels personal,
• 5:23
  Speaker 5: you know what I mean? So it probably is personal
• 5:25
  Speaker 5: in some ways. From from an Apple from an Apple perspective,
• 5:28
  Speaker 5: Do I think that Fortnite is going to be permanently banned?
• 5:32
  Speaker 5: And no, I don't think so because obviously eventually that
• 5:35
  Speaker 5: after release it. But are they going to make it painful?
• 5:37
  Speaker 4: I think so?
• 5:38
  Speaker 5: But I'd be interested to see to the extent that
• 5:40
  Speaker 5: Epic is willing to share, Like what are the reasons
• 5:43
  Speaker 5: they give, you know, like what violations of the App
• 5:45
  Speaker 5: Store have you done here?
• 5:46
  Speaker 4: Or what issues do you have there?
• 5:47
  Speaker 5: So they'll find many reasons to delay when you think
• 5:49
  Speaker 5: about the sec before with tokens.
• 5:52
  Speaker 4: So they put up a rule, does it have to
• 5:54
  Speaker 4: make sense? Not entirely?
• 5:56
  Speaker 5: Do most people comply even though it doesn't make sense? Yes,
• 5:59
  Speaker 5: because they obviously be in the good graces and you
• 6:01
  Speaker 5: kind of have the situation as well. Except the only
• 6:03
  Speaker 5: thing is that the Apple regulator so to speak, in
• 6:06
  Speaker 5: the App Store is not independent, right It is obviously
• 6:08
  Speaker 5: very much acting in self interest, which is why I
• 6:11
  Speaker 5: think this whole thing about antitrust is becoming so much
• 6:14
  Speaker 5: more relevant when it comes to the App Store because
• 6:16
  Speaker 5: it's not independent.
• 6:17
  Speaker 1: The review team should be free to kind of review
• 6:20
  Speaker 1: all the submitted apps promptly kind of and then give
• 6:23
  Speaker 1: them at least some sort of alignment as what's happening
• 6:26
  Speaker 1: other than being weaponized by senior management, which to your point,
• 6:29
  Speaker 1: it looks like it's happening right now. This was another
• 6:32
  Speaker 1: issue right here that I think is it may affect
• 6:35
  Speaker 1: more than Fortnite. And this is kind of interesting because
• 6:38
  Speaker 1: I want to showcase something. This of course, was an
• 6:40
  Speaker 1: example of transactions in this app. You'll see that little
• 6:44
  Speaker 1: if you're watching on the audio side, jump over to YouTube,
• 6:46
  Speaker 1: but you'll see that little notice there. And then now
• 6:50
  Speaker 1: what's happening is this is going further into making it
• 6:53
  Speaker 1: even more scary when someone's getting ready to make a purchase.
• 6:57
  Speaker 1: So that just seems demonic to me. When you look
• 6:59
  Speaker 1: at how Apple is putting these brands in these labels
• 7:04
  Speaker 1: on apps. Do you think, yeah, su, that Apple is
• 7:07
  Speaker 1: ever going to kind of get over this.
• 7:09
  Speaker 5: No, yeah, I don't think Apple itself is going to
• 7:12
  Speaker 5: get over this, because it's it's you know, on the platform.
• 7:15
  Speaker 4: They're going to set the rules.
• 7:17
  Speaker 5: So now they're saying, well, we'll open it up, but
• 7:18
  Speaker 5: we're going to give warnings that we think are appropriate.
• 7:21
  Speaker 4: Right And by the way, this is this is what
• 7:23
  Speaker 4: Facebook did much earlier.
• 7:25
  Speaker 5: If you basically click through on Facebook, it says, oh,
• 7:28
  Speaker 5: you're leaving Facebook, well, just beware of all the phishing
• 7:32
  Speaker 5: and the scams and all the problems that you might
• 7:34
  Speaker 5: have because the internet is a scary place, right.
• 7:37
  Speaker 4: I mean, that's basically what they're doing.
• 7:39
  Speaker 5: You also have to be very very skilled at behavioral science,
• 7:43
  Speaker 5: basically marketing psychology at work.
• 7:45
  Speaker 4: One could argue it's a kind of market manipulation.
• 7:48
  Speaker 5: You know, behavioral science has not yet found its way
• 7:51
  Speaker 5: into regulation.
• 7:52
  Speaker 4: It doesn't exist, right, So I don't.
• 7:55
  Speaker 5: Think this is going to be something that will change
• 7:57
  Speaker 5: anytime soon, except if the user behavior starts to be
• 8:00
  Speaker 5: custom to it. And I would argue that there's a
• 8:02
  Speaker 5: very strong incentive, right, which is to say, hey, look,
• 8:05
  Speaker 5: you know what if I do it outside of the
• 8:07
  Speaker 5: App Store, I'm going to end up I'm going to
• 8:10
  Speaker 5: end up paying less or I get other benefits for it.
• 8:13
  Speaker 5: Then that's an incentive and eventually you'll trust that as well. Like,
• 8:16
  Speaker 5: for instance, you know, if I if I were able
• 8:18
  Speaker 5: to purchase something on Amazon, you know, and it's a
• 8:21
  Speaker 5: exertain link, you know, do you does it user care that?
• 8:23
  Speaker 5: Oh he's going to a third party site that's dangerous,
• 8:26
  Speaker 5: that's called Amazon.
• 8:27
  Speaker 4: No, it's gonna be okay because he trusts Amazon already.
• 8:30
  Speaker 5: So I think, I think it won't work for everything,
• 8:32
  Speaker 5: but it will work obviously for it will work obviously
• 8:35
  Speaker 5: for the smaller companies as a way to distract them,
• 8:37
  Speaker 5: because detract them because obviously people will will be scared
• 8:41
  Speaker 5: of that.
• 8:41
  Speaker 1: Yeah, how many companies with animoca right now from the
• 8:44
  Speaker 1: app side of things, are you guys building within the
• 8:47
  Speaker 1: Apple ecosystem?
• 8:49
  Speaker 5: You know, I would say probably easily fifty to sixty companies.
• 8:52
  Speaker 4: So we have five hundred seventy three portfolios.
• 8:54
  Speaker 5: But you know, so let's call it roughly ten percent
• 8:56
  Speaker 5: of them are doing stuff on the app store, you know,
• 8:58
  Speaker 5: like the open seas and so on. They have obviously,
• 9:00
  Speaker 5: you know they've got like marketplaces. Now, do they have
• 9:03
  Speaker 5: the kid to do more of them want to do
• 9:06
  Speaker 5: in the epistore? Yes, But you know, when the rules
• 9:08
  Speaker 5: continue to be traconian, it's kind of not worth their effort.
• 9:11
  Speaker 4: Right because it's a little bit like a waste of time.
• 9:14
  Speaker 5: And a lot more people do stuff on Google because
• 9:16
  Speaker 5: of the ability to sideload, and so that's that's something
• 9:20
  Speaker 5: that that because Google can't stop that, right and and
• 9:23
  Speaker 5: Google has been in essence a lot more open and
• 9:27
  Speaker 5: flexible around that in comparison to Apple.
• 9:29
  Speaker 1: Yeah, I want to jump to the clip about Fortnite
• 9:32
  Speaker 1: and the release that they were getting ready to drop,
• 9:35
  Speaker 1: because this gets back to the whole strategy around this,
• 9:38
  Speaker 1: and this of course was Darth Vader AI. We'll kind
• 9:41
  Speaker 1: of bring this back home here in a second, but
• 9:42
  Speaker 1: let me play this clip.
• 9:45
  Speaker 4: Darth Vader choders e.
• 9:47
  Speaker 3: Wait, can you hear me?
• 9:49
  Speaker 4: Hold while to talk?
• 9:50
  Speaker 6: Hello, speak plainly, nick a thirty. Let this victory resonate
• 9:55
  Speaker 6: across the metaverse.
• 9:56
  Speaker 3: Right, come on, drop alike to respect Darth.
• 9:58
  Speaker 6: Vader Ninja, your fascination with fleeting trends is curious a transformation.
• 10:07
  Speaker 6: Show me you can control that power. The force requires
• 10:10
  Speaker 6: more than mere screaming.
• 10:12
  Speaker 4: Are you allowed to see any bad words?
• 10:14
  Speaker 6: I am allowed to speak the truth. Ev I simply
• 10:17
  Speaker 6: choose not to wallow in crude expressions.
• 10:19
  Speaker 4: What freaking fucking food is that doth made? Tell me freaking.
• 10:25
  Speaker 6: Fucking does not become a common thug?
• 10:31
  Speaker 3: Made him sweat?
• 10:33
  Speaker 1: All right, So that's a good a good dabble into AI.
• 10:36
  Speaker 1: Can you imagine? Yeah, so what that's gonna look like
• 10:38
  Speaker 1: at g D A six.
• 10:39
  Speaker 5: It's gonna be crazy, it's gonna be amazing, it's gonna
• 10:42
  Speaker 5: be super exciting.
• 10:43
  Speaker 4: Yeah, I have a deal.
• 10:44
  Speaker 1: It's been a big deal for Apple to go in
• 10:46
  Speaker 1: and kind of put a little bit of a body
• 10:47
  Speaker 1: check on Fortnite with this release.
• 10:49
  Speaker 5: And again, this is the whole point, which is that,
• 10:51
  Speaker 5: you know, do we think objectively that the release that
• 10:56
  Speaker 5: this is something that would be harmful to the Apple
• 10:58
  Speaker 5: user or that would be detracting to the experience, And
• 11:01
  Speaker 5: the answer is of course no, right, I mean, people
• 11:03
  Speaker 5: love it profanity aside, which obviously they patch that up
• 11:07
  Speaker 5: right because they oh shit, actually, Darth Vader can square
• 11:09
  Speaker 5: an issue here.
• 11:10
  Speaker 4: Right, So basically they patched it up, but there's a
• 11:14
  Speaker 4: lot of fun in there. People don't take that seriously.
• 11:16
  Speaker 5: They're just more like, Wow, this is exciting, and it
• 11:18
  Speaker 5: kind of shows where's going and expect us to happen
• 11:20
  Speaker 5: with NPCs and game characters and all sorts of stuff.
• 11:23
  Speaker 4: And I think it kind of goes counter to sort.
• 11:26
  Speaker 5: Of what Apple is all about, which is they're supposed
• 11:28
  Speaker 5: to allow for experiences that delight to you, and these
• 11:30
  Speaker 5: are experiences that delight to you.
• 11:32
  Speaker 4: And they're blocking it.
• 11:33
  Speaker 5: Why not because it's in the best interest of the user,
• 11:37
  Speaker 5: but because it's basically in the supposed best interests of Apple,
• 11:41
  Speaker 5: which I would argue is not true because apple best
• 11:45
  Speaker 5: interest is customers.
• 11:46
  Speaker 4: So instead it's in the.
• 11:47
  Speaker 5: Interest of the king, as in he doesn't like it,
• 11:49
  Speaker 5: or you know, the management doesn't like it, and they
• 11:52
  Speaker 5: want to basically bring epic to heal. But I think
• 11:54
  Speaker 5: when you keep these practices up, eventually you will lose
• 11:57
  Speaker 5: market share if there's a better alternative. And I think
• 11:59
  Speaker 5: this is really I would say Apple do just doesn't
• 12:02
  Speaker 5: need to be careful about this because you know, when
• 12:04
  Speaker 5: the judgment came out and you know Apple was in
• 12:06
  Speaker 5: contempt of court, and you know, to circumvent to thirty percent.
• 12:09
  Speaker 4: Was there anyone that came to Apple's.
• 12:11
  Speaker 1: Defense, newbody, Yeah, crickets.
• 12:15
  Speaker 5: Crickets, absolutely right. And this is, by the way, how
• 12:19
  Speaker 5: empire is crumbled. And if you think of Apple like
• 12:21
  Speaker 5: a nation, as I sometimes sort of think of it,
• 12:23
  Speaker 5: it's kind of the beginning where it starts to lose
• 12:27
  Speaker 5: sort of people's uh sort of you know love. Remember
• 12:29
  Speaker 5: people loved Apple, right, I mean they were passionate about it.
• 12:32
  Speaker 5: And there was nobody who's on the app store who's
• 12:34
  Speaker 5: an Apple loyal Apple user saying damn go pay your
• 12:37
  Speaker 5: thirty percent.
• 12:38
  Speaker 4: Just shut up, none of that.
• 12:40
  Speaker 1: And now you know, with Solana Seeker getting ready to launch,
• 12:43
  Speaker 1: if we actually see a cryptophone coming out that's getting
• 12:46
  Speaker 1: ready to pop out there, it could be announced, you know,
• 12:48
  Speaker 1: here on Monday at the Solona event in New York.
• 12:51
  Speaker 1: But last thing I want to hit on, because you
• 12:53
  Speaker 1: hit I think a bullseye in the point that maybe
• 12:56
  Speaker 1: Apple has overstepped the boundary. I want to play one
• 12:59
  Speaker 1: more clip for you before I let you go see
• 13:01
  Speaker 1: what you think about this. Let's go to this one.
• 13:03
  Speaker 7: Sure, I had a little problem with Tim Cook yesterday
• 13:06
  Speaker 7: I said to him, Kimy and my friend I feated
• 13:08
  Speaker 7: you very good. You're coming here with five hundred billion doils.
• 13:10
  Speaker 7: But now I hear you're building all over India. I
• 13:12
  Speaker 7: don't want your building in India, Jim, I said, Jim, Look,
• 13:14
  Speaker 7: we've feared you really good. We put up with all
• 13:17
  Speaker 7: the plants that you're built in China. We're not interested
• 13:20
  Speaker 7: in your building in India.
• 13:21
  Speaker 4: All right.
• 13:22
  Speaker 1: So now you've got the potus going head to head
• 13:25
  Speaker 1: with the CEO of Apple and saying, listen, you're already
• 13:28
  Speaker 1: starting to shortchange. So is Apple getting rug pulled here?
• 13:32
  Speaker 1: You know, in a big way across a lot of
• 13:34
  Speaker 1: different areas.
• 13:37
  Speaker 5: So first of all, I would say Apple is getting
• 13:39
  Speaker 5: pulled everywhere. Of course, it's also a little bit of
• 13:42
  Speaker 5: question of vulnerabilities. Right, So take a look at someone
• 13:45
  Speaker 5: like Tesla. I mean, how many of the stuff. Of course,
• 13:47
  Speaker 5: Tesla produces a ton in you know, or in video.
• 13:50
  Speaker 5: These companies, of course, they produced stuff in America, but
• 13:53
  Speaker 5: they also produce a lot of stuff outside, right, I mean,
• 13:55
  Speaker 5: you know, whether it's chips or these things, they're not
• 13:57
  Speaker 5: all made in America.
• 13:58
  Speaker 4: Right, But what do they have?
• 14:00
  Speaker 5: They've got goodwill amongst the main communities of people that
• 14:03
  Speaker 5: are there, and so you deal with them. Apple's lost
• 14:05
  Speaker 5: that going after Apple for this is more than just hey,
• 14:11
  Speaker 5: we want you to build more in the US.
• 14:12
  Speaker 4: Sure.
• 14:13
  Speaker 5: I mean you know they won't be able to build
• 14:16
  Speaker 5: the manufacturing capabilities in the US as quickly as it
• 14:18
  Speaker 5: can elsewhere. I mean, remember, Tim Cook is a supply
• 14:21
  Speaker 5: chain guy. He was brought in this role because he
• 14:24
  Speaker 5: really understood the mechanics and logistics. So he knows the
• 14:26
  Speaker 5: realities of the fact that you can't do this overnight.
• 14:29
  Speaker 5: That's not to say that he won't invest in it,
• 14:31
  Speaker 5: is to say that realistically, you know, he can't do
• 14:34
  Speaker 5: this overnight. He has to find out the alternatives. But
• 14:37
  Speaker 5: what he has lost is sort of the diplomatic part
• 14:40
  Speaker 5: in terms of being able to sort of negotiate something
• 14:43
  Speaker 5: at least for now that he doesn't become a target
• 14:45
  Speaker 5: and Apple is not considered as America's good guy for
• 14:48
  Speaker 5: the time being, and therefore they could pick him an
• 14:51
  Speaker 5: easy target. Trump is also going to go after the
• 14:53
  Speaker 5: ones that he can go after that the ones that
• 14:57
  Speaker 5: are let's call it somewhat vulnerable to him US. It
• 15:00
  Speaker 5: is the richest company in America. You know, Apple should
• 15:03
  Speaker 5: have built an ecosystem fund. They should be funding stuff
• 15:06
  Speaker 5: up throughout America. Like if you're not, if you can't
• 15:08
  Speaker 5: put your manufacturing in America, at least freaking build schools
• 15:11
  Speaker 5: and help others and and like you know, put out
• 15:13
  Speaker 5: like a like a you know fund app store developers
• 15:16
  Speaker 5: and ecosystem you know, before they did their cash dividendy
• 15:19
  Speaker 5: imagine it took like five or ten percent of that
• 15:21
  Speaker 5: cash and made a seed and app ecosystem fund. You know,
• 15:25
  Speaker 5: all these developers would love them, and they would come
• 15:28
  Speaker 5: to the defense and they would support them.
• 15:29
  Speaker 4: Right, so they've completely missed that. They didn't understand it.
• 15:32
  Speaker 5: By the way, that's kind of why Animoca has over
• 15:34
  Speaker 5: five hundred seventy three portfolio companies and invest the process
• 15:37
  Speaker 5: because we believe in this idea of you know, sustainability
• 15:41
  Speaker 5: as an ecosystem. You know, we were willing to pay
• 15:43
  Speaker 5: thirty percent to the app store because that thirty percent
• 15:45
  Speaker 5: providers as value. We would have come to Apple's defense
• 15:48
  Speaker 5: and now nobody's coming.
• 15:49
  Speaker 4: For their defense.
• 15:50
  Speaker 5: And so it's a wake up call Apple. Apple needs
• 15:52
  Speaker 5: to understand they need to invest in their ecosystem.
• 15:55
  Speaker 1: Well, I hope that this is going to happen, and
• 15:56
  Speaker 1: we'll see if if Apple is going to be able
• 15:59
  Speaker 1: to weather this storm in the very near future. Yeah,
• 16:02
  Speaker 1: of course, we'll get you back on the show as
• 16:04
  Speaker 1: things start to heat up in this space, because obviously
• 16:05
  Speaker 1: we're going to see a gaming Bowl run. I think
• 16:07
  Speaker 1: not yet, but soon, I start.
• 16:10
  Speaker 5: Coming soon where where yeah, we're putting, we're putting, We're
• 16:13
  Speaker 5: putting our money where our mouth is on this one.
• 16:15
  Speaker 4: We believe that gaming will.
• 16:17
  Speaker 5: Have a pretty big, pretty big run, you know, because
• 16:20
  Speaker 5: of what's happening is switch pricing correction. I mean, and
• 16:22
  Speaker 5: of course GTA six. You know, one of the big
• 16:25
  Speaker 5: things that people just don't sometimes understand is that tokens
• 16:27
  Speaker 5: in particular are actually reflections of market pricing, just like
• 16:31
  Speaker 5: stocks and commodities, right, And so if the sentiment of
• 16:34
  Speaker 5: a sector goes up, so do the tokens, And so
• 16:38
  Speaker 5: we think the sentiment will actually increase partially because of pricing.
• 16:41
  Speaker 5: The other thing that a lot of people don't appreciate
• 16:43
  Speaker 5: is that gaming hasn't had price inflation for basically like
• 16:48
  Speaker 5: ten plus years. I mean, that's a crazy thing, right. Meanwhile,
• 16:51
  Speaker 5: as a money printer has just gone endlessly and cause
• 16:55
  Speaker 5: inflation everywhere. Gaming hasn't and so you know, I think
• 16:58
  Speaker 5: we're going to see all of that correct dover with
• 17:00
  Speaker 5: the next twelve months.
• 17:02
  Speaker 1: Yeah, hey, listen, it's been great having you on the show.
• 17:04
  Speaker 1: Thank you so much for coming in. This is going
• 17:05
  Speaker 1: to be a big one to watch very closely, so
• 17:08
  Speaker 1: you are our expert on this topic, so we'll definitely
• 17:10
  Speaker 1: have you back. Thanks for coming in today, Thank you
• 17:12
  Speaker 1: for having me. All Right, guys, if you're not in
• 17:14
  Speaker 1: the diamond circle, get in right now. It's a great
• 17:16
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• 17:19
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• 17:22
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• 17:24
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• 17:26
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  Speaker 1: on x app Paul Baron, We'll catch you next time
• 17:33
  Speaker 1: right here on tech Bath