[SPEAKER_05]: All right, everybody.
[SPEAKER_05]: Welcome back to the crypto 101 podcast presented by Gemini your bridge to the future of money and has Bitcoin bottomed are we opening up the Hopeiam tanks.
[SPEAKER_05]: I know you saw the thumbnail Brian was taking a deep breath into that.
[SPEAKER_05]: Hope you
[SPEAKER_05]: We're going to break it all down of where we think the markets are.
[SPEAKER_05]: And not only that, we have some major news, cracking of all exchanges has just hit a major milestone getting in with the Fed.
[SPEAKER_05]: You're going to want to hear that.
[SPEAKER_05]: So stick around for that.
[SPEAKER_05]: We've got some other stuff.
[SPEAKER_05]: Friends of the show, Jamie Crypto, Diamond, is still crying, Trump's tweeting about the Clarity Act.
[SPEAKER_05]: There's some fun little quick hitters about Bitcoin usage.
[SPEAKER_05]: We're going to go over and then as promised earlier in the week, we're doing a momentum meme coin.
[SPEAKER_05]: momentum money makers mean point update brines here again.
[SPEAKER_05]: Yeah, these guys continue to have some winners so we're going to talk about those and then if we have time we'll just get into some fun back into the show AI talk I'm hot from the sauna I'm cold from the cold plunge.
[SPEAKER_05]: I've got an ice coffee brine.
[SPEAKER_05]: It's Friday.
[SPEAKER_05]: I'm feeling great.
[SPEAKER_05]: How are you my friend?
[SPEAKER_02]: Are you why you stand like looks Mac on looks Max and go on me or something with his hearts on a full tub I mean Tiva's getting healthy here.
[SPEAKER_05]: I love you're taking my I'm over here taking my hard drive Just nailing the chin there for all the looks Maxers.
[SPEAKER_05]: That's a that's a that's a deep joke really went for the full bit there on the looks Maxing That's great
[SPEAKER_02]: Yeah, you know, it's uh, we do have some exciting news to talk about here, and uh, the market, the market's just, let's just jump into coin market capital, and talk about it, because right when we, right when we get a little bit of life interesting, you know, I got the Hopi and mask on, you know, I'm putting the Hopi and mask on to my kids after I get my mask securely on, uh, just like the airlines, this is uh, we're back under 70 with Bitcoin.
[SPEAKER_02]: And it's not surprising.
[SPEAKER_02]: I mean, we talked about it in the last rundown,
[SPEAKER_02]: There's certainly some narratives out there with geopolitical wise, just everything that's going on in the market.
[SPEAKER_02]: So we're in the chop zone and we're absolutely living in this chop zone.
[SPEAKER_02]: This is my warm water that we are living in and we're absolutely making it happen.
[SPEAKER_02]: But Bitcoin 68K on 85 Ethereum lost 2000 right at what close to 2000.
[SPEAKER_02]: it's it's not surprising to me you know the movements were going we're not just absolutely getting flushed out but it's Friday we're going into the weekend who knows what type of announcements we could get from the White House over the weekend with everything else going on but I think some of the pullback here that's happening is you know we're getting more and more intel about this geopolitical issue with Iran and it looks like I think Trump said something recently like
[SPEAKER_02]: give up.
[SPEAKER_02]: I can't, I'm not thinking the words.
[SPEAKER_02]: You know, just surrender.
[SPEAKER_02]: The war may take a little bit longer.
[SPEAKER_02]: And in the market doesn't love it of all to asset, but nothing fundamentally is broken here.
[SPEAKER_02]: But you can see once we start to get some bullish headlines that the markets can't move and they can move pretty quickly.
[SPEAKER_05]: Yeah, couldn't agree more on the heading into the weekend.
[SPEAKER_05]: Obviously, the crypto markets trade 24, 7365 just like we saw last Saturday with a move on
[SPEAKER_05]: Um, you know, if something happens, uh, uh, you know, macro-wise, you're going to see Bitcoin in the crypto markets move first over the weekends, but that totally makes sense, um, a fun little rally, uh, basically kind of a week long rally, if you will, going back to last Saturday to get above 70, um, and we're, we're going to keep tabs on it.
[SPEAKER_05]: It is hard to kind of, uh,
[SPEAKER_05]: kind of guess where this is going to go.
[SPEAKER_05]: I don't think anybody in the world could tell you you know exactly where this is going to go based on a macro environment, but it is good to see some life.
[SPEAKER_05]: So I'll pull up here with a fee for your greed index.
[SPEAKER_05]: We'll share this tab.
[SPEAKER_05]: Finally, finally got out of extreme fear.
[SPEAKER_05]: It's like we've been extreme fear since
[SPEAKER_05]: uh... late January basically so you know basically a full month of February and extreme uh... fear on a lot of the metrics there so good to get good to see the pop there again i think it's telling of you know the future still there people the buyers are still coming in and
[SPEAKER_05]: We're definitely going to focus on crypto, we're definitely going to focus on Bitcoin, but I don't know, man, we do this show a lot and we put out a lot of content, a lot of awesome content and we've been kind of telling this kind of tracking this IGV comparison for Bitcoin and the IGV software trade.
[SPEAKER_05]: And I just got to say, we've been talking about it.
[SPEAKER_05]: We know it was leading down, but you know, over the past basically week, it's up like 8% on the week.
[SPEAKER_05]: And I just want to give credit to us because it's something that we've been calling out.
[SPEAKER_05]: I don't want to give credit to me specifically because it's something that I feel like I've really been hearted on.
[SPEAKER_05]: It's Friday.
[SPEAKER_05]: I got nice coffee a little credit to me.
[SPEAKER_05]: Nothing wrong with that.
[SPEAKER_05]: I mean, 8% on the week, that's not bad.
[SPEAKER_05]: I think that's going to, you know, that's a lot of trading.
[SPEAKER_05]: Um, there was a interesting stat I saw.
[SPEAKER_05]: It was the IGV software compared to semis.
[SPEAKER_05]: It was its greatest a week long dispersion.
[SPEAKER_05]: So it was like a 10% delta of people were selling semis and buying software.
[SPEAKER_05]: And that's probably just a trade.
[SPEAKER_05]: But it goes back to the, um,
[SPEAKER_05]: kind of what I said when we're talking about the macro market as a whole is the money's not leaving the markets the money's trading it's bouncing around um and obviously crypto being the biggest risk on asset will probably be one of the last places for the money to flood in but when it does it's very violent and that's what we saw I think this week is like all right if Bitcoin was dead and Ethereum was dead you're not going to see these six to 10% pumps um in a day or two
[SPEAKER_05]: It's a great time again to be listening to the show and join the community and seeing where things are going Where's the puck going because when this when the games back on and again We played that clip from our all Paul the other week retail will be back and not only will retail Reback, but he'll be on the show.
[SPEAKER_05]: I got him book from Monday So the guests keep coming in Brian the builders keep building Robinhood keeps building We got Max Kaplan from soul strategies coming on next week
[SPEAKER_05]: There's this is this is when winners win when the markets are down and you're educating and you continue to build builders build and builders turn into winners long term.
[SPEAKER_05]: So I think you're in the right place.
[SPEAKER_05]: I'm super excited to continue on the run down.
[SPEAKER_05]: But let's let's keep it crypto and Bitcoin specific.
[SPEAKER_05]: We haven't looked up a friend of the show Eric from Bloomberg checking out the Bitcoin ETFs, but again.
[SPEAKER_05]: a lot of positive stuff obviously like there was some sellers just like everywhere across the market but they're continues to be some interesting flow.
[SPEAKER_05]: Um, just basically the boomers loved loved a hotline.
[SPEAKER_05]: What do you think about these ETFs?
[SPEAKER_02]: Yeah, I mean, you can see that we're getting some positive inflows that I think actually yesterday we did see over the past we did see some negative inflows of a couple hundred million but overall pretty net positive I think over a billion in flows for the month and it's great to see that the inflows are happening in
[SPEAKER_02]: That's a big catalyst about where our next moves are going to be.
[SPEAKER_02]: Institutions and news where we're going is institutions absolutely have an interesting Bitcoin in the cryptocurrency market and money is flowing in.
[SPEAKER_02]: Now it'll trickle out here and there.
[SPEAKER_02]: There's definitely always the EBS and flows to it.
[SPEAKER_02]: But great to see that we're starting to pick up some steam here with these ETFs again.
[SPEAKER_05]: Yeah, note, no mass selling, no mass running for the exits, and it's it's it's basically the same storyline that we've been telling since we've been covering, you know, the birth of these ETFs.
[SPEAKER_05]: It's like, hey, these products don't get made for to be around for a year or two, and then they're gone.
[SPEAKER_05]: They're sticking around and the people that have been educated to, you know, again, this isn't.
[SPEAKER_05]: 50% of their network, the people that are buying, especially these black rock ones, it's a 1, 2, 3, maybe up to 5% at most allocation, and it's part of a larger portfolio.
[SPEAKER_05]: So it's good to see, it's good to see them being strong.
[SPEAKER_05]: And it's not the only, the only strong look here.
[SPEAKER_05]: I saw this Mad Hogan, of course, another friend of the show.
[SPEAKER_05]: Um, Kazakhstan buying 350 million or I guess trading invests from its gold and foreign standards, there's an intercrypto related assets, so taking a little bit of gold, moving it into a crypto and you might say, and this is exactly what I thought is a guy, Kazakhstan who kind, you know, doesn't really get me rout up on a Friday afternoon, but I thought Matt made a good point.
[SPEAKER_05]: It's like, hey, the market.
[SPEAKER_05]: hasn't really priced in sovereigns.
[SPEAKER_05]: The market's just like, oh, the sovereigns aren't buying crypto and the market, you know, he says the market's wrong.
[SPEAKER_05]: That's obviously a little bit more of like, you know, bullish on crypto take, but, you know, it only takes, you know, one big buy from one big sovereign fund and then again, they start tripping over the feed.
[SPEAKER_05]: So something that we've covered before, but I think when you see the smaller people doing it is worth covering.
[SPEAKER_05]: So Kazakhstan converting, uh,
[SPEAKER_05]: converting gold and to not just Bitcoin but crypto assets.
[SPEAKER_05]: I thought was interesting and kind of speaking of crypto assets We know how much people are hurting out there with all coins and it's you know near all time lows And they're saying it's worse than the post FTX period.
[SPEAKER_05]: So I thought it was a cool
[SPEAKER_05]: a cool thing to put here just in the sense of not the price actions cool, but it's good to look back because you can learn from your past trade, you can learn from your past investments, you can learn from your past trials and tribulations, and so I thought it would be a good thought exercise for us Brian to be like, hey, the price action is similar to the FTX period, but I certainly don't feel like I did back then, um, you know,
[SPEAKER_02]: Yeah, I've said this quite a bit that that FTX debacle was pretty rough for my mental state.
[SPEAKER_02]: I know where near that mental state, and I'm closer to the market than I've ever been.
[SPEAKER_02]: Maybe that's why I'm not near that state, you know, because I was just reading headlines.
[SPEAKER_02]: I'm not really diving in back in the FTX days.
[SPEAKER_02]: I was just scared.
[SPEAKER_02]: Now, I've seen my fair share boom bear markets in this one doesn't.
[SPEAKER_02]: I call this one the weakest bear markets of all time.
[SPEAKER_02]: I, but you know, it is what it is and nobody loves when the price goes down.
[SPEAKER_02]: These all coins are interesting to me because in this could be a hot take this could be a hot take for for for other analysts here, but I do think there's some all coins out there that are that are crap that aren't making money That aren't doing big things and we're just seeing more more just kind of like tokenized stuff to tokenize stuff, but then there's this other sector that are revenue generating these super apps.
[SPEAKER_02]: uh, for instance, uh, the hyper liquids of the world where they're doing something innovative and they're utilizing crypto in the way it's supposed to be used, which I think is extremely interesting in, in not finding it to advice, I feel like some of these super apps or some of these altcoins are massively discounted right now.
[SPEAKER_02]: Now, that means they can't go down.
[SPEAKER_02]: I don't know, I can't, if I knew this, I would be leveraging everything and I'm not, I'm not doing that because that's not the time to, now it's not the time to do it.
[SPEAKER_02]: But some of these all, some of these super apps are really interesting.
[SPEAKER_02]: I'm not even sure if this is on on the sheet.
[SPEAKER_02]: I'm going to go on a little tangent here.
[SPEAKER_02]: But before we even, we even got news today that the parent company, the Intercontinental Exchange Ice for the New York Stock Exchange, made a huge billion, oh, I don't know the exact amount.
[SPEAKER_02]: A $25 billion valuation of OKX Exchange.
[SPEAKER_02]: Ice made in investment into this.
[SPEAKER_02]: So we're seeing more and more traffic companies integrate with these major crypto companies and their certain vice president of like strategic something made a really interesting comment where he said that, man, I wish I had the quote in front of me, he said something along the lines of
[SPEAKER_02]: their biggest competition isn't CME and Nasdech.
[SPEAKER_02]: It's the five protocols.
[SPEAKER_02]: It's the crypto world.
[SPEAKER_02]: This is a guy coming from the vice president of Intercontinental Exchange, a parent company of New York Stock Exchange, any specifically called out like super apps, like Robin Hood, like Uniswap, like Hyper Liquid.
[SPEAKER_02]: And so some of the, I get Robin Hood's not a crypto, they're stock, but you know, they're close enough to what we're talking about here.
[SPEAKER_02]: So there's a world here where I do think some offerings are massively undervalued and then some are probably can, you know, send a walk down the river.
[SPEAKER_05]: It's the same with Robinhood.
[SPEAKER_05]: It's Tradvise investing in crypto type projects with crypto technologies.
[SPEAKER_05]: Robinhood is just building their own obviously and we've covered that nonstop we had.
[SPEAKER_05]: uh... johan curb rat uh... sorry johan curb at on the pod two days are that's going to go out on two day next week so you're definitely going to tune in for that one that was great great episode uh... before we move on we're going to move on to crack and next but we've got to give a shout out to the chat and absolutely active chat on a friday c.j.a.s second in some hope you have beach fronts here
[SPEAKER_05]: uh... you to be me from London across the pond that's awesome david from penniless park close by to me what's up david of the great hubby should be seen him a lot recently thanks for joining these front from poms springs uh... who else do we got and david yeah david and cj that's about everybody sounds good we got an active chat anybody else that's in there that hasn't commented yet
[SPEAKER_05]: Let us know where you're from and if you can give us a like and if you're new on the bottom right hit the logo give us a subscription so you don't miss out on all the good content
[SPEAKER_05]: Cracken, Cracken News, Breaking News, t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t t
[SPEAKER_05]: With something like this, as much as Brian Armstrong's, but basically living in DC, you think it might be Coinbase, maybe it's the link of Austin in Gemini.
[SPEAKER_05]: No, it's the crack and exchange has become the first crypto platform to gain access to the Federal Reserve's core payment system, putting it on the same payment rails as thousands of US banks and credit unions per coin desk.
[SPEAKER_05]: Let's listen to Cynthia Loomis, who I believe is on retiring soon, so we're going to miss her her clips, but two minute clip here, I think this is worth maybe listening to about minute 90 seconds, and then Brian, I want to hear your take.
[SPEAKER_07]: This is going to be a huge asset and today's announcement by Cracken that they now have access to a skinny master account is going to add another opportunity for the new integration of the fee dollar with digital assets.
[SPEAKER_07]: This is a huge step forward.
[SPEAKER_07]: Very happy to see the Fed finally realize.
[SPEAKER_07]: that we can integrate these financial products in a way that benefits Americans.
[SPEAKER_06]: Senator, explain the news with Cracken because I'm not sure I understand it.
[SPEAKER_06]: I've read it, but I don't entirely understand it.
[SPEAKER_06]: The news that the federal reserve is now going to be accepting this first-digital asset company to earn a master account.
[SPEAKER_06]: What does that mean?
[SPEAKER_07]: Well, Cracken used a Wyoming law that was very foresightful, called the Special Purpose Depository Institution, to form Wyoming has a very comprehensive clear examination for safety and soundness of these companies, and yet under the Biden administration, the Fed would not
[SPEAKER_07]: approved digital asset companies that formed similarly to access the Fed's payment window.
[SPEAKER_07]: So, there wasn't a way to integrate digital assets with the U.S. Fiat currency.
[SPEAKER_05]: So integration is here, Brian.
[SPEAKER_05]: What is your, what was your mystery action?
[SPEAKER_05]: I was kind of shocked and curious.
[SPEAKER_05]: Somewhere to Becky there, the host, I was like, man, just off the jump, I need to look in and learn what this is to be quite honest.
[SPEAKER_02]: Yeah, it's the kick things off here.
[SPEAKER_02]: The skinny master account.
[SPEAKER_02]: It's not full banking privileges.
[SPEAKER_02]: So Cracken gets payment access, access.
[SPEAKER_02]: But doesn't get interest on reserves, FDIC insurance, or like that emergency lending from the Fed.
[SPEAKER_02]: But still, huge news.
[SPEAKER_02]: I mean, Cracken just became the first crypto company with a federal reserve master account.
[SPEAKER_02]: And it's the bank, a direct banking arm,
[SPEAKER_02]: to connect with the Fed's core payment route Rails like Fed, what Fed, what Fed, why?
[SPEAKER_02]: So this is big.
[SPEAKER_02]: In the big reason is, it just gives major milestone for these crypto companies in the integration of Tradfine Crypto.
[SPEAKER_02]: And it signals institutional acceptance of crypto native financial institutions at its finance.
[SPEAKER_02]: So we're seeing the parent company, ICE, Intercontinental Exchange,
[SPEAKER_02]: invest in OKX for live crypto data feeds and all of this more tripod going into crypto we see cracking now getting this master account with the federal reserve this is just more institutional acceptance this is just i mean fall of the bread crumbs
[SPEAKER_02]: to like where this is could possibly go.
[SPEAKER_02]: If we were a Bitcoin or crypto was going to zero, I highly doubt that a lot of these things would be taking place right now.
[SPEAKER_02]: That's why it doesn't feel like past bear markets.
[SPEAKER_02]: FTX was freaking scary.
[SPEAKER_02]: Tom Brady lost all this money.
[SPEAKER_02]: It was all over the news like there was just a lot of things that hit home.
[SPEAKER_02]: Wow.
[SPEAKER_02]: Like what this is a scam.
[SPEAKER_02]: Now this is it's different.
[SPEAKER_02]: This bear market's a little different because we have this we people are acknowledging crypto major people not not me major institutional players are acknowledging crypto as a an asset class as a big part of investments in the future.
[SPEAKER_02]: That's why it kind of sucks that we're in this bear market, but this is what's happening.
[SPEAKER_02]: There's a lot of reasons for the market we're in right now, but once we get some positive news
[SPEAKER_02]: Just, again, follow the breadcrumbs where this is all going.
[SPEAKER_02]: This is a big institutional acceptance of a crypto company.
[SPEAKER_05]: Couldn't agree more, and friend in the comments, Cooper Jr. 4298 is saying, integration is important, but we're dancing with the devil.
[SPEAKER_05]: We most certainly are, but that's growth.
[SPEAKER_05]: I mean, again, if you want the mass adoption, and we've talked about this on the show over the years, is like,
[SPEAKER_05]: Hey, you know, it's we want the sovereignty and we want to be our own little cult, but, you know, if you want number go up and you want Bitcoin to, you know, one day, you know, get up to the gold market cap level, like these are the integrations and the acceptances that you have to have and it's getting to the point where, I mean,
[SPEAKER_05]: He's saying, hey, if you want to be a bank, be a bank, it's like, okay, well, we'll just, you know, get the back door access from the Fed and we'll do this and we'll do that.
[SPEAKER_05]: So let's let's listen to, it's all ties together.
[SPEAKER_05]: I think let's listen to Jamie crypto diamond.
[SPEAKER_00]: You and your peers have reportedly clashed with Coinbase's Brian Armstrong over the Clarity Act, and specifically this idea of crypto exchanges offering rewards for stablecoins.
[SPEAKER_00]: And Armstrong was on CMBC with Sarah Eisen, a few weeks ago from Marillano, and he said there's a path forward for the market structure bill that the boat wing went out on for everyone.
[SPEAKER_00]: How are you feeling about it right now?
[SPEAKER_01]: The banks feel strongly that there should be, we know words of the same as interest.
[SPEAKER_01]: And that, you know, of a compromise of being that you pay rewards on transactions, not balances.
[SPEAKER_01]: If we're going to be holding balances and paying interest, that's the bank you should be regulated by a bank.
[SPEAKER_01]: So we've been firm one thing over here, yes.
[SPEAKER_01]: But if you want to be a bank to come a bank, then you can do whatever you want.
[SPEAKER_01]: I'm thankful.
[SPEAKER_01]: So I remind people, you know, viewers may not know.
[SPEAKER_01]: Thanks have restrictions and requires.
[SPEAKER_01]: F-D-I-C insurance and L-B-S-A.
[SPEAKER_01]: We have community responsibility actors.
[SPEAKER_01]: We have to open and sit 25% of our friends in L-M-I neighborhood with social requirements.
[SPEAKER_01]: We have the Queen of Requirements, Capital Requirements, Transparency Requirements, Requirements, Port Requirements, Governments Requirements, Requires, and they want to be a bank so be it.
[SPEAKER_01]: So what we face is level playing fields by products.
[SPEAKER_01]: It can't be you have these people doing one thing, you know, out any regulation like that needs to go do another.
[SPEAKER_01]: And if you do do that, the public will pay.
[SPEAKER_01]: It will get bad.
[SPEAKER_01]: So I just, he was to take a deep breath.
[SPEAKER_01]: And what does he want to, and we want competition?
[SPEAKER_01]: You know, we're actually one of the biggest use of blockchain.
[SPEAKER_04]: And, you know, and we love the blockchain.
[SPEAKER_04]: We love it.
[SPEAKER_04]: We love the global use of blockchain more than us.
[SPEAKER_04]: Although, don't let them, don't let them do it.
[SPEAKER_02]: But we don't get to do it.
[SPEAKER_02]: The public will pay.
[SPEAKER_02]: I think he's literally, he's going to little off the rails there.
[SPEAKER_02]: It's the question definitely.
[SPEAKER_02]: I thought about this.
[SPEAKER_02]: I did a market update on it as well that it does feel like we're a little farther from getting this clarity Axe sign, then I felt like maybe a week or two ago, especially when I saw Brian Armstrong's like, hey, win win scenario.
[SPEAKER_02]: The more I think about it, there's probably not a win win here.
[SPEAKER_02]: Either the banks are going to lose because they do not want people earning yield on hoarding crypto and crypto companies like Coinbase are whole business is on paying people to hoard a hoard crypto and giving them yield.
[SPEAKER_02]: now it is a very interesting break here and right when he brought that up he got he went off the rails a little bit he literally used the public will pay and and if coin basements become a bank he wants to become a bank so Jamie Diamond what do we know he's the most powerful banker in the world and other bankers listen to what Jamie Diamond said they're not they're not going to push back so that indicates to me that we're probably a little bit farther along
[SPEAKER_02]: then uh we think with the bankers really conceiting to holding crypto and getting paid on yield.
[SPEAKER_02]: I am a big fan of holding crypto and getting the full amount of yield and then we even had Trump.
[SPEAKER_02]: So this was like Monday, then Tuesday or Tuesday, Brian Armstrong and some crypto lobbyists actually go to the White House.
[SPEAKER_02]: rub shoulders with Trump, talk it up a little bit, and all of a sudden Trump hits truth social in the White House tweets it out, basically Trump throws banks under the bus, and he's just saying like they do, you know, just definitely sides with the crypto side of things.
[SPEAKER_02]: Yeah.
[SPEAKER_02]: Super producer TV.
[SPEAKER_02]: Thank you so much for bringing it up and just talks about how important it is to embrace embrace the crypto side of things.
[SPEAKER_02]: So at one point, this is great because we have the most powerful man in the world, pretty much siding with the side we want him to be on.
[SPEAKER_02]: But then part of me then the pessimistic side of me is like all right like we got Jamie diamond going off the rails does not sound like a guy that's close to ink in a market structure or clarity act bill and then Armstrong goes and talks to Trump and Trump's like
[SPEAKER_02]: Trump, I mean, Trump will tweet about anything, but I don't think he's probably going to send this tweet out to kind of like, you know, it's worked in the past.
[SPEAKER_02]: These eight people on, he's got people moving, but there's a great Saunders Sanders, I believe he works for the crypt.
[SPEAKER_02]: He's a White House correspondent.
[SPEAKER_02]: I read some of his tweets and articles.
[SPEAKER_02]: He had some really awesome breakdowns.
[SPEAKER_02]: about this and about how it's really important for the White House and they kind of put a soft deadline of March the first to get this deal in it and that's why we're starting to see it the beginning of March.
[SPEAKER_02]: A lot of people start to bring it up, Brian Armstrong going to talk to Trump, Trump said now this tweet, because the White House wants this deal done.
[SPEAKER_02]: They want it done in the spring because what happens, what comes, come May, we have mid
[SPEAKER_02]: and Congress halts like they're looking for their own funding.
[SPEAKER_02]: They're not as concerned with some of these things like things slow down.
[SPEAKER_02]: So the White House wants to get this done in the spring.
[SPEAKER_02]: Not to say this isn't going to get done.
[SPEAKER_02]: I think the player they actually can certainly get done.
[SPEAKER_02]: I think there's a strong path, but with Jamie diamonds reaction and then Trump tweeting this out, it does feel like we're a little farther apart than what I was hoping for, I would love to know your take or the chat's take, but that's my gut reaction.
[SPEAKER_05]: Yeah, let's shout out to the chat man super active on a Friday, and I know it's not fun when we're not printing green candles and all that stuff, but I hope you're sucking in the opium with us on this Friday, and you're just enjoying being here, um, chat super active.
[SPEAKER_05]: What do you guys think of all this is the clarity I've gonna pass this year?
[SPEAKER_05]: Um, and fire off some takes will read them.
[SPEAKER_05]: Um, my take is I do, I don't know man, until until polymarket really gets one
[SPEAKER_05]: on a big scale, it's hard to fade, it's hard to fade when it's done.
[SPEAKER_05]: It's really hard to fade, and again, it'll change, it'll change, it changes, but like right now, it's a year leaning towards this getting past, and it almost, when Jamie died on loses his cool little bit on live TV, it almost feels like he's not getting his way.
[SPEAKER_05]: And so is there progress being made?
[SPEAKER_05]: And there's tons of pushback, obviously that's with the Trump tweet that we have up is like there's pushback both ways, but you know, Trump wants this to be a win is like, it's like, obviously he wants it to be a win for the quote unquote crypto people, but again, we always say the massive adoption is people using crypto rails that don't know what they're using.
[SPEAKER_05]: that don't know that they're using crypto and if there's a way for people to get these high-yield savings account in clip two three four five percent compared to what the banks are offering now which is pennies on the on the thousands hundreds of thousands of dollars that they're
[SPEAKER_05]: They're making money on is is good for the average American to to get that income and share that income a little bit because again the banks take your hundred thousand dollars give you a three cents But then they'll they'll sell you a loan with your own money back to you for seven percent plus all the fees so it's like We're just that that's kind of I think what this debate is a little bit about is give access to the
[SPEAKER_05]: you know some some yield and what i found really interesting i saw that there is a wall street journal article um had a had a had an art sorry a wall street journal article about crypto-based savings account of has bank's anxious
[SPEAKER_05]: Avalon Brown of the Wall Street Journal getting a little bottom right corner there talking it in underneath the attendees right pad a little low on the ice not top shell it's not sexy.
[SPEAKER_05]: It's not a top shelf.
[SPEAKER_05]: It's not a dangle.
[SPEAKER_05]: This might be like a tip stick bottom right pads since we're everybody's loves hockey now after the USA men and women's win gold.
[SPEAKER_05]: Interesting there.
[SPEAKER_05]: You might not be able to see it there in the middle.
[SPEAKER_05]: I'm trying to move my cursor, but it is this.
[SPEAKER_02]: Well, King and I didn't mean to say like a newspaper in Mama's team, because they have sent it.
[SPEAKER_05]: Oh, it's a straight-up newspaper, but it's just shown you like a the top 25 high-yield savings average, you know, at 3%, 4% versus, you know, the average of what savings account with the banks are offering, you know, half basically half a, half a point, you know, two basis points, if you will.
[SPEAKER_05]: That's when you know you're in finance and you're you're cool when you say basis point by the way, fun fact for all you so it's just it's interesting that there's a lot of momentum around this I think you know when the Wall Street Journal starts talking about it and the president's talking about it and Jamie diamonds losing his cool I'm going to say there's some interesting changes being done in the clarity act and you know again it's a hope you have episode so suck it in
[SPEAKER_02]: Yeah, I like it.
[SPEAKER_02]: I like it.
[SPEAKER_02]: I do.
[SPEAKER_02]: I mean, he's obviously not happy and it's a great it's a great take on the other side
[SPEAKER_02]: And I think it's important that, you know, probably love it or hate it that Trump gets involved and I like that he's siding on the crypto side more than the bank side because I would make everyone feel a little more.
[SPEAKER_02]: Banks are powerful though.
[SPEAKER_02]: I mean, they have some powerful people who have been around for thousands of years.
[SPEAKER_02]: They got some powerful people when we're dealing with Jamie Diamond News, the most powerful banker.
[SPEAKER_02]: But they have a, they also on the other side of it, they have a very strong vested interest to make this work as well out with the new, out with the old in with the new and there's going to be some changes, but I don't think banks are going to lose as much power, but hey, I would like, I would like to earn yield on crypto, I hold.
[SPEAKER_02]: like what the heck dude like that's why let's a big reason we're in crypto is because of the the the advantages it gives to the retail people and uh i i think people respond i hope congress responds i like that the White House is starting to kind of like back back the crypto companies but we we definitely need to see a little bit bend of the knee but i am not
[SPEAKER_02]: I'm not on the side of like there's going to be like a clear win win.
[SPEAKER_02]: I would love to know someone that's smart of them me to map out the win win I do feel like either banks are going to be pissed or the crypto companies are going to be pissed one of the two in the chat is It's unbelievable Now we're going over the chat right now.
[SPEAKER_05]: I thought let's see Andy.
[SPEAKER_05]: I think it will pass this year I think it's teetering even if Trump has to make it past
[SPEAKER_05]: to take our minds off other stuff.
[SPEAKER_05]: Yeah, that's definitely seems that's kind of what our take was is like, hey, the crypto cohort was big for them for the election.
[SPEAKER_05]: I think, you know, there's many other facets.
[SPEAKER_05]: It wasn't the only thing, but, you know, midterms are common and it's it's looking tight.
[SPEAKER_05]: Again, I always say I took one class of political science, so call me an expert.
[SPEAKER_05]: uh... let's see what else uh... got to date you passed to see it's he's he's he's he's he's he's he's he's he's he's he's he's he's he's he's he's he's get degrees uh... tinfoil hat take from uh... cje maybe we can get a tinfoil hat take on this uh... beach front the banks are toast uh... let's see david mary b of a pay and a half point on tying up a hundred k exactly uh...
[SPEAKER_05]: They better pass someone say base and he likes base.
[SPEAKER_05]: Yeah, so again, everybody's kind of, again, leaning towards the polymarket, leaning towards, you know, we're pro-crypto here, so we want it to go through it.
[SPEAKER_05]: But we want it to be constructive.
[SPEAKER_05]: I think that's something we said a couple of weeks ago is like, hey, I don't want this thing to pass.
[SPEAKER_05]: And then we're going through it.
[SPEAKER_05]: And it's like, man, this is not good.
[SPEAKER_05]: and we're gonna have to be honest when that happens, right?
[SPEAKER_05]: We gotta see what happens, see what's in the bill and break it down.
[SPEAKER_05]: So just moving on a couple quick hitters before we get to the main event of the momentum money makers, wins and the fun stuff that we can talk about at the end of the show.
[SPEAKER_05]: Just a couple quick Bitcoin quick hitters here.
[SPEAKER_05]: I saw that the Indiana governor,
[SPEAKER_05]: signs of building a law that allows Bitcoin to be invested into state retirement plans.
[SPEAKER_05]: I thought that was interesting, and then this one I just saw today.
[SPEAKER_05]: Square back in the news.
[SPEAKER_05]: We never really covered what they did last week, but this week, Bitcoin specifically, looks like they're calling it a bounty to onboard new Bitcoin merchants.
[SPEAKER_05]: Users can earn $25 in BTC for making their first.
[SPEAKER_05]: ever Bitcoin payment to a square seller who hasn't previously accepted BTC using the cash app, you know, again, $25.
[SPEAKER_05]: So I guess it's kind of a marketing campaign for to get new people, new, I guess store fronts to accept and use cash apps so they can get the payment rails and get their percentage points on that.
[SPEAKER_05]: So it's like maybe if you're
[SPEAKER_05]: You know, uh, no people that own these store fronts and you're a Bitcoin person.
[SPEAKER_05]: You'll tell them about, hey, do you have square and you accept cash app?
[SPEAKER_05]: Like, oh, like you turn on the Bitcoin function and, uh, you know, all use it or something.
[SPEAKER_05]: So it's, I thought that was cool.
[SPEAKER_05]: It's going to last a month here.
[SPEAKER_05]: Um, so if you can get, if you know people that are using cash apps specifically to accept payments at a storefront,
[SPEAKER_05]: Tom will flip on the Bitcoin, the Bitcoin payment option.
[SPEAKER_05]: You can use it, you get $25, and then just buy it back the next day.
[SPEAKER_05]: Once you get the $25, right?
[SPEAKER_05]: A little free BTC.
[SPEAKER_05]: So I thought that was cool.
[SPEAKER_05]: Any thoughts on that?
[SPEAKER_05]: Any thoughts on maybe maybe a nice little, do you think this was rushed?
[SPEAKER_05]: As you can guess, promo was rushed after what they did last week, fire in like 30, 40% of their staff.
[SPEAKER_02]: Yeah, you could probably argue that could have been a little bit rushed.
[SPEAKER_02]: We need to do that.
[SPEAKER_05]: We need a promo boys.
[SPEAKER_05]: We need a promo something.
[SPEAKER_05]: Let's go to the main event.
[SPEAKER_05]: The chat wants it.
[SPEAKER_05]: They want the momentum money makers.
[SPEAKER_05]: They want some meme point action.
[SPEAKER_05]: Where are the profits?
[SPEAKER_05]: Where are the wins guys?
[SPEAKER_05]: Brian's going to go over what he does inside the community.
[SPEAKER_05]: You know we're here for you on the podcast.
[SPEAKER_05]: We're here for you on the YouTube.
[SPEAKER_05]: But if you want more access to Brian, more access to Joe and the entire team,
[SPEAKER_05]: You get the first alerts to get the news letters and you kind of get a real inside look into what they're thinking and what they're looking at.
[SPEAKER_05]: Again, it's not personal financial advice.
[SPEAKER_05]: It is education and those first alerts go out and there have been some absolute winners.
[SPEAKER_05]: We're about to cover one right now and you know, when you attend the lives, we like to give you a deal.
[SPEAKER_05]: So there's a dollar trial.
[SPEAKER_05]: If you're interested to get more involved with the crimp nation community and Brian and Joe, just go down the description, one dollar trial, check it out.
[SPEAKER_05]: We'd love to have you in there.
[SPEAKER_05]: So let's move and give the people what they want.
[SPEAKER_05]: Brian, did you bring a winner for us today?
[SPEAKER_02]: Yeah, we can talk.
[SPEAKER_02]: Well, what we're talking about a lot in this momentum money makers world.
[SPEAKER_02]: We won't talk about meme coins with their haul.
[SPEAKER_02]: We'll talk about NFTs.
[SPEAKER_02]: We'll talk about Pauli market sometimes.
[SPEAKER_02]: Anywhere there's like a lot of momentum and a lot of steam.
[SPEAKER_02]: And recently where we've seen a lot of momentum and probably most of our calls have come from this AI crypto world.
[SPEAKER_02]: I, if you're part of my amount of money makers, you know that I think this AI crypto world and how it's going to integrate, it's going to absolutely open the floodgates of, because we say it all the time, AI agents or AI can't go down the street and create a bank account in, in, in, in utilize payment.
[SPEAKER_02]: on your behalf, but they can get set up with the crypto wallet and find it and do it.
[SPEAKER_02]: So it's get on board tens of thousands, hundreds of thousands of crypto wallets.
[SPEAKER_02]: The AI world is now paying attention to what's happening in crypto and it's just something what like us crypto people have wanted for so long.
[SPEAKER_02]: It's like AI to like look over at us and they're doing it finally.
[SPEAKER_02]: So getting these AI investors or developers,
[SPEAKER_02]: integrating and using crypto so a lot of our calls have been very AI centric and one that's not a small market cap it's not like one of these one million to ten million dollar winners and that's why I wanted to talk about on the show today because i'm pretty big fan of it it's uh... it's called bvv and it's for short of some vennice AI
[SPEAKER_02]: Yeah, you can see that absolutely run.
[SPEAKER_02]: We call it a $50 million mark a cap just a couple weeks ago, so pretty recently, so probably right right it was in February I believe so somewhere right around $50 million we called it It was certainly right around there, but right before these giant candles
[SPEAKER_02]: And because we like a lot of the things behind it and I encourage everyone to kind of check this out.
[SPEAKER_02]: Now, it's up, you know, at least the five X, it got all the way up to like 350 or 320 at one point.
[SPEAKER_02]: So always when you see candles, just god candles like that go straight up.
[SPEAKER_02]: I always recommend that you pull out your initials and you pull out profit because
[SPEAKER_02]: Typically there's going to be some retracement and we're seeing a little bit of it, but there's been some big movements here So VVV is Venice AI and it's a decentralized AI platform that was founded by an individual named Aaron Voorhees Who's well-known in the I-World of the Crypto World in entrepreneur just a strong voice out there and the platform really aimed with private Uncensored AI tools like Texas images co-generation
[SPEAKER_02]: So every time we put our information to the chatGPT or Gemini or Claude or whatever it is, it's like stored in some centralized database, like I don't worry about it too much, but I know Joe will put pictures on there of his family because he's like, I don't want to go with people having it.
[SPEAKER_02]: So as crypto native people, we do like privacy.
[SPEAKER_02]: So this kind of does it all.
[SPEAKER_02]: And that's why we call it as a winner and it took off and then open Claude is
[SPEAKER_02]: Kind of the new hot AI topic in the cloud bot and they started utilizing vennices some infrastructure and recently got some news.
[SPEAKER_02]: Maybe that's not all what they're using.
[SPEAKER_02]: But regardless, this VV tokens absolutely ran.
[SPEAKER_02]: And I think there's a case that it could go higher.
[SPEAKER_02]: Do I think it corrects sure like, you know,
[SPEAKER_02]: A really strong story in the time when we're talking about meta with AI and crypto and then I do think privacy coins and privacy in particular is going to be really important or meta I or not meta with the AI I think AI these agents I think AI developers are going to want some sort of like privacy around their tokens.
[SPEAKER_02]: And if that's like, you know, it doesn't have to be a completely like private sector coin, but I think privacy is going to be kind of, it's already been a big part of talking points.
[SPEAKER_02]: So this kind of checks the boxes for a lot.
[SPEAKER_02]: Privacy, AI, strong founder.
[SPEAKER_02]: And that's why we call it 50 million.
[SPEAKER_02]: And since then, we've actually called some smaller tokens, like the Felix agent, people can check that out.
[SPEAKER_02]: Juno, these are actual AI agents.
[SPEAKER_02]: that have been given their autonomous AI agent, so they've each human that developed them, they gave them wallets.
[SPEAKER_02]: And I think Felix today has made $90,000 in revenue over the past couple weeks, just selling products and services is pretty wild.
[SPEAKER_02]: So, of course, they have their own token and the price goes up when you make $90,000 in revenue.
[SPEAKER_02]: Heck, they're making more, yeah, type in
[SPEAKER_02]: Yeah, three million dollar market copy.
[SPEAKER_02]: So we called it right around a million or two, I think, and it ran all the way to five or six Around the same time and then, you know, it's corrected, but this is this is an actual autonomous AI agent has human developer behind it, but it's making revenue.
[SPEAKER_02]: Early on coins are not saying for people that you can want to just start buying any AI agent or Felix or anything along those lines.
[SPEAKER_02]: But that's kind of my rant on why the the world of AI and crypto so interesting and we're seeing it make it completely new form and it's the rabbit hole I'm living in right now.
[SPEAKER_05]: Yeah, that's a fact and if you want to hop in the rabbit hole or the trenches as we like to call it with Brian and Joe and get access First alerts to these calls again.
[SPEAKER_05]: I think that was like a five X.
[SPEAKER_05]: This was a three or two or three X We had, you know, we talked about punch the monkey.
[SPEAKER_05]: That was a podcast call funny enough But that you know that it's a fun community and if there's anybody in here that is in the community Let people know in the comments what you think but if you want to get a trial dollar trial in the description check it out and again
[SPEAKER_05]: None of this is personal financial advice.
[SPEAKER_05]: Be careful of these specific calls like Brian said they've already kind of ripped to the upside.
[SPEAKER_05]: And as we say, you got to be aware of that hockey stick, but you want to get the calls early that you got to be in the community.
[SPEAKER_05]: So check out the link below.
[SPEAKER_05]: Um, something that we talk about a lot, uh, we, so we have to cover it here.
[SPEAKER_05]: Pudgy Penguin under fire, Brian.
[SPEAKER_05]: We hate to see that for, uh, cute, lovable little friend, but it looks like they're getting sued for some trademark infringement, um, the consensus online is this is kind of BS a bogus suit, they're probably just seeing all the success that much he penguins having and trying to, uh, trying to wet the beak, if you will, pun intended, um, any thoughts around
[SPEAKER_02]: Yeah, I do have some thoughts.
[SPEAKER_02]: I feel like it's pretty bogus to be honest with you.
[SPEAKER_02]: It's, uh, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're
[SPEAKER_05]: there to hear you find yeah i feel my mic looks good just uh yeah maybe it could be it could be a youtube connection issue came in text and me okay i hear you guys find but some people are saying bad audio so might be just a youtube issue so we'll continue on
[SPEAKER_02]: Yeah, yeah, it looks good on my end.
[SPEAKER_02]: So I keep talking about, but yeah, I'm not overly concerned about this lawsuit.
[SPEAKER_02]: Uh, now the thing that sucks is that punchy penguins is in a lawsuit.
[SPEAKER_02]: You know, it's probably going to bring a few more eyeballs to the project, but they're going to have to probably pay for some legal fees.
[SPEAKER_02]: They're going to have to, you know, go through this a little bit more more often, but I don't think they look anything alike.
[SPEAKER_02]: Uh, I don't know.
[SPEAKER_02]: Do you have, I years ago, like whenever I was like shopping 20 years ago, it like Abercrombian Fitch and Hollister, I think I own like a penguin apparel.
[SPEAKER_02]: I don't even know.
[SPEAKER_02]: I didn't even know they still existed.
[SPEAKER_05]: Uh, so, uh, what would I, what would I, what would I search to pull that logo?
[SPEAKER_02]: Uh, maybe P.E.I.
[SPEAKER_02]: I think P.E.I.
[SPEAKER_05]: P.E.I.
[SPEAKER_02]: Uh, hang on.
[SPEAKER_02]: Penguin logo a pair of penguins a pair of all it's like a little like Yeah, I go I got it.
[SPEAKER_02]: It's like a little outline of it.
[SPEAKER_02]: I don't know.
[SPEAKER_05]: It looks like I think I think I think I got it.
[SPEAKER_05]: Is it this guy?
[SPEAKER_02]: Yeah, man, and then the one right next to the penguin I don't know like how is that the same is the Pudgy penguins unless I'm toast It's not even closed unless I'm totally missing something all I see here is that two companies
[SPEAKER_02]: They have penguins as their flagship mascot have clothes and they look nothing alike so I'm I'm not overly concerned about it long story short.
[SPEAKER_02]: Yeah, they're the side side by side for everybody.
[SPEAKER_02]: I mean, this guy, this guy, this guy, I don't know who he is, but we need to get him on a park and that's hilarious.
[SPEAKER_05]: That's hilarious.
[SPEAKER_02]: I mean, it feels like a bogus suit.
[SPEAKER_02]: Now, I would be sweating some bullets any time.
[SPEAKER_02]: I haven't been in a lawsuit, but if I'm in a weird lawsuit, nobody wants to be in a lawsuit time, money.
[SPEAKER_02]: just anxiety, but from like a pengu token or like is Lucas wetness?
[SPEAKER_02]: I don't think so.
[SPEAKER_02]: And someone wrote in the comments, nope.
[SPEAKER_02]: No publicity is bad publicity and that's probably true.
[SPEAKER_02]: Love and look at people tag rock.
[SPEAKER_05]: I like looking at that stuff.
[SPEAKER_05]: I think it's fun.
[SPEAKER_02]: Yeah, it's so good.
[SPEAKER_05]: Yeah, I agree.
[SPEAKER_05]: I don't think this is, um,
[SPEAKER_05]: Yeah, you just got to worry about what's the legal tie up, but you know P.I.
[SPEAKER_05]: licensing guy, they're probably on the downfall, like grasping its straws.
[SPEAKER_05]: So my guess is they'd run out of money first, hopefully.
[SPEAKER_05]: And this thing gets brushed under the rug by the courts quickly.
[SPEAKER_05]: So not too worried about it.
[SPEAKER_05]: Oh, magic eating update, pulling the plug on Bitcoin and Ethereum support.
[SPEAKER_05]: Magic eating doubling down on Salana.
[SPEAKER_02]: Yeah, I had to put this in just anybody had, I still have some NFTs.
[SPEAKER_02]: I still have some Bitcoin NFTs.
[SPEAKER_02]: They still obviously have a lot of Ethereum NFTs and Magic Eden.
[SPEAKER_02]: Man, like a year or two ago, they were like the go-to place for NFTs.
[SPEAKER_02]: They were getting a smooth interface.
[SPEAKER_02]: And now they're just like, hey, we're pulling the plug.
[SPEAKER_02]: We're going back to our roots with Solana.
[SPEAKER_02]: I'm sure they'll be successful.
[SPEAKER_02]: I know they've had some works with building out a few different products.
[SPEAKER_02]: But just when to make a call at anybody with those Bitcoin ordinals or a theorem, there's other marketplaces out there, but it looks like Magic Eden's not going to be that one stop shop anymore.
[SPEAKER_02]: And you know, probably giving a, probably open C's probably pretty happy about that out of magic.
[SPEAKER_05]: Yeah, we've had magic eating open sea on the pod, always trying to keep you guys updated with the road maps.
[SPEAKER_05]: I think you've had you interview them once or twice if I'm not mistaken.
[SPEAKER_05]: But, you know, you just gotta figure out what the road maps are, what works for them, and we'll be the first ones to bring it to you.
[SPEAKER_05]: Some pump fun news.
[SPEAKER_05]: We haven't talked about pump fun a while.
[SPEAKER_02]: Yeah, pump fun with the heck I'm going to look at the token really quickly because that's like one of those apps that I was talking about and it's just down right now it's down, but man it's it's one of those apps out there that I think's doing some really interesting thing always and it seems to just squash the competition.
[SPEAKER_02]: But they're bringing on a non-native asset.
[SPEAKER_02]: So users increasingly want to trade and hold more without having to leave the app.
[SPEAKER_02]: So anything that's not derived on pump fun or pump token, you couldn't utilize on their platform.
[SPEAKER_02]: So they're opening it up to the world and they should.
[SPEAKER_02]: It's going to be better for their product overall, just to call out there for the community.
[SPEAKER_05]: Yeah, a lot.
[SPEAKER_05]: A lot's of keep track.
[SPEAKER_05]: Pump fun, how did that?
[SPEAKER_05]: Well, man, I never forget that release video.
[SPEAKER_05]: They did that looked like everybody was on.
[SPEAKER_05]: You know, mushrooms or something.
[SPEAKER_05]: That was why all of a sudden it jumped.
[SPEAKER_05]: Yeah, a very, very creative, very fun.
[SPEAKER_05]: That's it.
[SPEAKER_05]: Let's open them.
[SPEAKER_05]: We'll open the comments for questions on a Friday.
[SPEAKER_05]: Any questions for Brian?
[SPEAKER_05]: Any questions for me.
[SPEAKER_05]: And then we could just spit ball kind of this AI agent economy a little bit.
[SPEAKER_05]: There were some notes that Brian put in that he wanted to talk about.
[SPEAKER_05]: Not necessarily crypto specific, but at least in our eyes where we see the pop going is is
[SPEAKER_05]: These crypto rails are going to merge with the AI rails kind of like you talked about with Felix right like that's where this is going on at the end of the day we've always kind of viewed ourselves as futures if you well being involved in Bitcoin crypto so early and and.
[SPEAKER_05]: You know, the AI and these AI agents are the next round of that.
[SPEAKER_05]: So, you know, it's something interesting to talk about.
[SPEAKER_05]: We got, we got a couple minutes left.
[SPEAKER_05]: So, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're, we're
[SPEAKER_02]: Yeah, I'm going to spit for a little bit more about this AI age and economy.
[SPEAKER_02]: I know Joe is heavily involved with it as well, something we talk about.
[SPEAKER_02]: And it just looks like that's where the momentum is and it excites us because it makes a lot of sense and not just like these straight agents, just the complete integration of AI and crypto.
[SPEAKER_02]: I think it's really going to be interesting.
[SPEAKER_02]: Uh, and I was so not like open AI just released a new chat GPT version, which I found it surprisingly strong.
[SPEAKER_02]: I don't know if you used a chat GPT's 5.4, but yeah, I actually message came in a couple of boys and slack yesterday.
[SPEAKER_02]: This 5.4 chat GPT's pretty strong and I was messing around with Claude for some time and I, this new update.
[SPEAKER_02]: It was pretty good.
[SPEAKER_02]: And just some of the things I took back is I loved how it could recall a lot of my If I opened a new conversation it could recall past conversations.
[SPEAKER_02]: It would always get real squirrely on me And I like with yell at it and stuff and call it a clanker and now it was like really sharp yesterday So I'm excited to see how they're building it out
[SPEAKER_02]: But it seems like everybody is accepting that these chat bots are part of everyday life.
[SPEAKER_02]: I mean, you have to use them more and more often.
[SPEAKER_02]: Do you use like chat GPT or Gemini or Claude or what's your go to look into something?
[SPEAKER_05]: Yeah, I really would like to get in on the Claude.
[SPEAKER_05]: I mean, this is Claude, but it's like live by the Claude, die by the Claude.
[SPEAKER_05]: haven't jumped into the anthropic tank yet, but I've seen nothing but tweets and stuff about it.
[SPEAKER_05]: So I don't know if the team is working on a subscription.
[SPEAKER_05]: We have a team subscription.
[SPEAKER_05]: I might have to dial up my own.
[SPEAKER_05]: But yeah, I enjoy the chat GPT.
[SPEAKER_05]: As the media guy really dove into the media side of it, and we talked about the thumbnails.
[SPEAKER_05]: I mean, the thumbnails went from, you know, the two to two-day delivery and
[SPEAKER_05]: you know, a cost, you know, 95% less for me to make it my own in 10 minutes.
[SPEAKER_05]: So that was interesting.
[SPEAKER_05]: The video, the video software is just going at such a fast pace.
[SPEAKER_05]: I made some, I've just been fooling around with it trying to make whether it's memes or different, like ad type content, just playing around with it because I, you know, my background is,
[SPEAKER_05]: you know, as a producer, director and whatever making stuff, it's kind of my passion.
[SPEAKER_05]: So I've been playing around with it, man.
[SPEAKER_05]: It's it's pretty wild.
[SPEAKER_05]: What you can do.
[SPEAKER_05]: I think the interesting thing is you kind of definitely still need the skill set of an editor to piece it together.
[SPEAKER_05]: I think that's I'm trying to figure out how I can get a full flow of like.
[SPEAKER_05]: whether it's a cloud bot or a chat GPT to be like, Hey, here's what I want to do.
[SPEAKER_05]: Can you go execute it through multiple agents.
[SPEAKER_05]: That's definitely where I, you know, the next multi millioners are going to be made people that can implement these systems into businesses.
[SPEAKER_05]: Like you're going to start seeing, you know,
[SPEAKER_05]: single company unicorns may be like these people that can develop these systems and then implement them into businesses It's super super interesting.
[SPEAKER_05]: I definitely have I wouldn't say Mastered anything yet, but I'm getting I'm getting good.
[SPEAKER_05]: I'm getting good at getting it into my workflow
[SPEAKER_05]: Um, but there's the the agents that can do the work in the background.
[SPEAKER_05]: I'm definitely stuck at the point where like, alright, I'm going to interact and it's going to speed up my workflow.
[SPEAKER_05]: I haven't gotten to the point yet where I can build something in the background and it just kind of runs on its own.
[SPEAKER_05]: If you got into that point yet,
[SPEAKER_02]: Yeah, I'm messing around with it with it quite a bit and you bring up anthropic I just wanted to mention this because I don't know if we talked about this on a run down or not, but like Trump called them a supply chain risk and wanted them to give a bunch of information over in their CEO kind of went off the rails, Dario, and then he actually apologized to the department of war today in a big, uh, a big land inthropic I did.
[SPEAKER_02]: yeah yeah because like they like we're kind of like if you did you couldn't do business with the US government if you did business with anthropic so there's some back and forth going on in the government trying to figure out you know a lot of things with the weas people are and he even I put it in here inthropic CEO says actually another about this uh
[SPEAKER_02]: Claude may have consciousness, and something else says may or may not have gained consciousness.
[SPEAKER_02]: I don't know how true that is, but he said the model has been showing signs of acceptance of anxiety.
[SPEAKER_02]: So, I certainly am probably steer away from calling my chatbot a clanker and yelling at it whenever it is.
[SPEAKER_05]: Yeah, dude, I saw that.
[SPEAKER_05]: I said, welcome to the world, young Claude.
[SPEAKER_05]: Welcome to the world, I have some anxiety with the rest of us.
[SPEAKER_05]: Yeah, the anthropic thing was interesting because there was like the fallout that he wouldn't sign.
[SPEAKER_05]: are not he but the company wouldn't sign it was like mass surveillance on americans and unmaned warfare You know the the specifics of that probably go really deep, but they wouldn't they're like, oh, take this claws out, right?
[SPEAKER_05]: And the Department of War was like no sign this so you're not gonna get the contracts So then they refuse to sign it out of you know morals.
[SPEAKER_05]: They're like, hey, we're trying to build the guardrails of like the moral compass for these things and we don't think this is where we should go they
[SPEAKER_05]: they don't sign it.
[SPEAKER_05]: There's big news like other, you know, the government is is disbanding the contract with anthropic.
[SPEAKER_05]: And then I'll never forget this.
[SPEAKER_05]: I saw it on the morning.
[SPEAKER_05]: It was like Sam Altman was doing like a press round.
[SPEAKER_05]: He was like, yeah, well, you know, it's, you know, anthropic and Dario is a great CEO.
[SPEAKER_05]: And, you know, I don't know the details, but I'm sure if, you know,
[SPEAKER_05]: whatever he chose is you know he's trying to build the the best in the right thing for the future and harmony and you know blah blah blah he was like basically saying like given Dario a vote of confidence and then literally like thirty six hours later opening i sign the contract that's crazy that's crazy yeah i think samolman might be one of the best fundraiser's of all time but like man i wouldn't trust that guy as far as i can throw him
[SPEAKER_02]: Give me weird vibes, man.
[SPEAKER_02]: Sam, I guess.
[SPEAKER_05]: You were in a lot of, yeah, because it's such a cool product.
[SPEAKER_05]: And it's such a cool industry.
[SPEAKER_05]: And you don't, you want to like really root for people that are building the future of the world.
[SPEAKER_05]: But he, he gives a weird, he gives a weird vibe.
[SPEAKER_05]: His Joe Rogan interview was the first long form interview I've ever listened to him.
[SPEAKER_05]: And he was, he was pretty odd there, too.
[SPEAKER_02]: I know I didn't watch.
[SPEAKER_02]: I watched Joe Rogan here and then I didn't I have to check it out, but he give you know who else gave me weird vibes early on and this is like no dog is sandbakeman freed like S. B. F. I never opened F. T. X account because I didn't like the way like he acted for some reason.
[SPEAKER_02]: Yeah, he said, and then you know, he pulled that whole F. T. X to buckle and I was like, I knew it.
[SPEAKER_02]: I knew it.
[SPEAKER_02]: Now I don't want that to happen to the same Altman and open AI.
[SPEAKER_02]: Please, we don't need that.
[SPEAKER_05]: originally was the lawsuit with Elon too, right?
[SPEAKER_05]: It was like a nonprofit and now Sam's driving her has like a $200 million car collection.
[SPEAKER_05]: So it's like it's hard to see where it's going.
[SPEAKER_05]: Any, we got some questions in the chat.
[SPEAKER_05]: We'll get to them.
[SPEAKER_05]: Beachfront will get to your question in a minute but after we wrap up the AI talk, I saw this.
[SPEAKER_05]: State in New York wants to ban chat bots to eliminate lawyer and medical questions.
[SPEAKER_05]: interesting.
[SPEAKER_05]: Yeah, man, this thing's just going so fast.
[SPEAKER_05]: So again, we're crypto-specific here, but we think that this is the future and it's something we're monitoring.
[SPEAKER_05]: So again, it's something if you like the conversation.
[SPEAKER_05]: We have this a comment.
[SPEAKER_05]: We can do more AI news, Brian and I throw off ideas of creating different types of content all the time.
[SPEAKER_05]: So if you like this stuff, maybe we can make some different videos on it.
[SPEAKER_05]: Just let us know in the comments.
[SPEAKER_05]: Let's see.
[SPEAKER_05]: We got a question here
[SPEAKER_05]: are they meant to buy those meme coins get two to three acts and then get your money out again we do not give personal financial advice uh... just educational nature and these alerts are saying hey this is what we're looking at um... for possible potential trades and you got to do your own risk management again you know i think Brian said it earlier it's like a you know you get that two three four five acts you know you better usually he likes to take some off the top but
[SPEAKER_05]: How do you look at that Brian for, you know, when you do make a great call, you know, how do you look at that?
[SPEAKER_02]: Yeah, we have a pretty good track record.
[SPEAKER_02]: I mean, they all won't be winners because you know, you don't know the future, but where we go is we try to follow with a momentum is where all the hype is.
[SPEAKER_02]: And it's like perfect for times like this when we're just like stalking this choppy channel of crypto majors.
[SPEAKER_02]: It's a little different like when we're just ripping on the high side and you can throw your money into any audience goes up.
[SPEAKER_02]: We're really just trying to, you know, where the puck goes.
[SPEAKER_02]: That's where we're going.
[SPEAKER_02]: And we can catch these winners somewhat early typically, because we're seeing where the momentum is, where the crowds are going.
[SPEAKER_02]: We try to do a lot of the research for everyone and then give it to you in a very digestible format like,
[SPEAKER_02]: five ten minutes on like why we like to talk in what what who's maybe backing it with the plan they're trying to solve is just do a lot of the due diligence for people and you have to kind of do some work on your end but you know that we'll catch these big winners and we typically have quite a few and one of the happen I always pull my profits out and usually take some profit and then I ride that free roll I love the free roll man like there's nothing better
[SPEAKER_02]: Now, I have some dusty wallets with some, you know, free roll money that just, unfortunately, went to zero, and, but I, I'm like, all right, well, it is what it is, but they can usually come back.
[SPEAKER_02]: But we could talk about meme coins because they're hot, and there's a punch the monkey, or something coming out like that, and that's where attention is, or AI and AI agents.
[SPEAKER_02]: I think this AI agent meta is going to be huge, and how it's going to develop is something that we're evaluating every day.
[SPEAKER_02]: And it, it honestly changes.
[SPEAKER_02]: as I'm recording my newsletter sometimes like things are changing in front of me.
[SPEAKER_02]: So that's why we try to stay up on it and give everyone just, you know, some advice.
[SPEAKER_02]: And we also talk about the majors and macros as well.
[SPEAKER_02]: You can't do what we do if we don't understand like what's going on in, you know, Bitcoin and Ethereum and Solana in those big rails.
[SPEAKER_02]: So we try to give you a little bit of everything and we're always open to it.
[SPEAKER_02]: If people want to hear more about like certain,
[SPEAKER_02]: aspects of the some I've done newsletters where I've just like hey Pauli market they're coming out with a Pauli token this is how or or calcium this is a new crypto guy I think they could be given an air drop one day and kind of just give my two cents and uh we kind of go with a momentum is and right now it's in AI agents
[SPEAKER_05]: couldn't agree more and it's just a super fun kind of community too because you're getting your right and you're just riding together and it's trenches and you're finding big winners and you're letting things roll and again it's the the ups and downs of market and trading on on steroids and it's fun because you're really
[SPEAKER_05]: kind of parsing through the different spaces of the internet, whether it's AI agent, or the culture of the memes, and all that stuff, it's really fun.
[SPEAKER_05]: Again, it pairs well perfectly with crimp nation and crimp nation VIP and kind of the macro, and then you have Brenn, checknual analysis, and training.
[SPEAKER_05]: That's why our team is so good, because we have so many different expertise.
[SPEAKER_05]: A couple of people in the comments were looking for, uh,
[SPEAKER_05]: Let's see, the Habeesh and David, we're looking for C.C.
[SPEAKER_05]: Kent Network, C.C.
[SPEAKER_05]: Just went live on Robinhood, I believe, yesterday, and also we had a couple podcasts go live around Kent Network as well.
[SPEAKER_05]: I just posted one on YouTube yesterday.
[SPEAKER_05]: So if you go to the video section after this, the 2026 altcoins to watch Kent Network, it actually out of the gate is doing really well.
[SPEAKER_05]: You know, 600 plus views in the first day, which is great.
[SPEAKER_02]: Oh, it's broken.
[SPEAKER_05]: How old are you in man?
[SPEAKER_05]: People love it.
[SPEAKER_05]: So you definitely want to go check out that video, but any any thoughts before they go watch the video.
[SPEAKER_02]: Yeah.
[SPEAKER_02]: I mean, they're a layer one blockchain designed for banks and financial institutions.
[SPEAKER_02]: And, you know, they're, they're really focused on tokenizing real world assets.
[SPEAKER_02]: Like bonds, treasuries, funds.
[SPEAKER_02]: They're they're really merging the institutional blockchain for track fine tokenized assets and I think this is another area of huge growth privacy points RWA's AI all of this has some really unique opportunities to pop off and and can't and I guess we argue that's certainly an alcoin you know and we were kind of like some alcoins suck.
[SPEAKER_02]: Canton doesn't fall into that category for me.
[SPEAKER_02]: Yeah, I kind of bash on L1s like too many L1s.
[SPEAKER_02]: I feel like, but when they have specific use cases in like, they're backed by major institutions like Goldman Sachs and CBOE and just Microsoft.
[SPEAKER_02]: They have some major backers.
[SPEAKER_02]: So it doesn't feel like they're going anywhere anytime soon.
[SPEAKER_02]: So Canton, check out the podcast.
[SPEAKER_02]: I didn't listen to it yet, but I'll probably listen to it this weekend.
[SPEAKER_02]: Where I'm a looks Max and get the gym with you.
[SPEAKER_05]: I love it.
[SPEAKER_05]: No, it's definitely definitely was a great pod.
[SPEAKER_05]: Worthful.
[SPEAKER_05]: Listen, and you get to hear it from Brendan, who's been, you know, working hard behind the scenes.
[SPEAKER_05]: And that's why we've had me and you kind of tag team.
[SPEAKER_05]: The last couple are rundowns because he's been behind the scenes grinding it out with the new cohort of the trading bull run that started this week.
[SPEAKER_05]: So I'll leave you with this again.
[SPEAKER_05]: But yeah, we were saying, like, hey, all coins are down to FTX levels.
[SPEAKER_05]: And we
[SPEAKER_05]: We look at this sometimes, Google Trends.
[SPEAKER_05]: And again, people said that Google Trends were dead or dead.
[SPEAKER_05]: But hey, we still, within the last year, we hit 100 on the altcoin measure back in July.
[SPEAKER_05]: And so as you can see, absolutely down in the dumps now, getting as low as a five, now at a seven.
[SPEAKER_05]: But we got to 100.
[SPEAKER_05]: to think that again goes back to that quote of a retail will be back and I do truly believe that and there's altcoins to be had and there's winners to be had but you got to know where to look and you got to know where to educate and I think what this last cycle told us I want to get your point on this because you're my expert but I think with the last cycle told us is
[SPEAKER_05]: Um, and we've had some pops in the dinosaur coins, but just because past performance in an all coin doesn't guarantee future performance as well, there's no guarantee of getting back to that all-time high.
[SPEAKER_05]: And that goes to the fact of how this technology is moving so fast, whether it's AI or just crypto rails in general, there's all these new projects and all these new flashy things, AI agents, altcoins, stocks around all this futuristic type of things that we're building.
[SPEAKER_05]: that it's you do need the education right it's hard to parse through on your own and we try to really do our best through the YouTube through the podcast which we appreciate you listening to to bring the information to you but again if you want more more access to Brian more access to Bryce Brendan and the whole entire research team check the links below we got a lot of great fun educational programs and we have a great community and again we know the markets down
[SPEAKER_05]: But if you build builders build and when you build and in the downturn you get reap the rewards of the upturn So do you kind of agree with that sentiment of you know, it's you can't just buy what worked in 2018 and wait Yeah, yeah Joe and I talk about that quite a bit that you know our timeline horizon on certain certain opportunities are certainly a little tighter right now
[SPEAKER_02]: But it's, I don't know, I'm, I'm, I drink the cool aid with what we do here.
[SPEAKER_02]: I really do.
[SPEAKER_02]: We show up every single day.
[SPEAKER_02]: We're big believers in it.
[SPEAKER_02]: It's not just from hope, you know, me, even though, you know, I'll be sucking the hope until the day I die.
[SPEAKER_02]: We have real fundamental in TA analysis here.
[SPEAKER_02]: of why we believe the cryptocurrency sector is going to grow, why blockchain is going to grow, and I think everybody on our team, all the analysts have a little bit different vibe and take to how they approach it, but what we always seem to land on is like very similar points of views.
[SPEAKER_02]: You know, very similar tokens that we like when we talk about tokens that we all want to like break down, we're like fighting over the same tokens for good reason.
[SPEAKER_02]: And this is I say it all the time.
[SPEAKER_02]: This is the time to be really paying attention is because it's not like super fun, but builders build right now.
[SPEAKER_02]: And this is when like you can really like see where the big partnerships are going, where the big opportunities are going, what crypto are actually making money because if they're doing okay now,
[SPEAKER_02]: Man, when we're in that like you fork bull run when it's just everything's up only those are going to be the real winners Yeah, and a great note to end on from the great habiche.
[SPEAKER_05]: How can you be down with a permapull on the screen?
[SPEAKER_05]: The permapulled Brian.
[SPEAKER_05]: We want a permapulls to you about permapulls.
[SPEAKER_05]: Yeah, having a lot of fun here on a Friday We really truly appreciate everybody tuning in.
[SPEAKER_05]: We really couldn't do this without you
[SPEAKER_05]: But that's going to be all for us today.
[SPEAKER_05]: We're going to wrap up like I said.
[SPEAKER_05]: I think Brendan's busy We've got you know the team's just kind of really grinding because a lot going on that's excited about But Brian stepped up.
[SPEAKER_05]: I was actually going to tell you this offline But I just appreciate you being my content workhorse between the summit that we're preparing for we'll promote that next week And just doing these podcasts with me.
[SPEAKER_05]: I really enjoyed doing it with you, and I thank you
[SPEAKER_05]: for your time.
[SPEAKER_05]: But happy Friday to everybody.
[SPEAKER_05]: We will be back next week with some more rundowns, some more podcast episodes.
[SPEAKER_05]: The robin ended up as soon coming out Tuesday, get excited for that.
[SPEAKER_05]: And we just really appreciate your time.
[SPEAKER_05]: Hope everybody enjoys the weekend.
[SPEAKER_05]: And that's all for us.
[SPEAKER_05]: Bye, everybody.