BITCOIN: TRUMPS INSANE CRYPTO PLAN!!!! 🚨 (all holders must see this)

Summary

In this episode, the host discusses the current state of the cryptocurrency market, highlighting the stability of Bitcoin's price and the resurgence of AI coins. They delve into political developments, such as Argentina's potential adoption of Bitcoin as a free currency and former President Trump's pro-crypto stance. The conversation also touches on the impact of CBDCs, the involvement of Trump's family in crypto projects, and the importance of good regulation for the crypto industry. The host expresses optimism about the future of crypto, despite current market hesitations and recent security issues with Kraken.

Takeaways

• 📈 The current cryptocurrency market is showing hesitation, with the price of Bitcoin remaining similar to the previous day at $65.8k, but there are significant developments happening under the surface.
• 🌐 Political figures, such as those in Argentina, are advocating for Bitcoin to be treated as a free currency, which could have massive implications for tax perspectives and currency competition globally.
• 🏦 Central banks are increasingly interested in Bitcoin, with some politicians, including Trump, showing support for cryptocurrencies and emphasizing the need for countries to stay competitive in the crypto space.
• 💡 There is a potential shift in the perception of crypto from being an asset to a currency, which could lead to significant changes in how it is taxed and regulated.
• 🛑 Trump has expressed opposition to Central Bank Digital Currencies (CBDCs), viewing them as dangerous and pledging to block them in the US, while globally, many central banks are exploring CBDCs.
• 🚀 The involvement of high-profile figures like Trump in various crypto projects indicates a growing trend of political figures engaging with cryptocurrency, which could influence the market and regulations.
• 📊 There is a generational shift in investment preferences, with younger investors showing a preference for cryptocurrencies and alternative investments over traditional ones.
• 💰 The crypto market is currently mispriced, presenting an opportunity for investment, as many people still perceive crypto as a scam or are misinformed about its potential.
• 🏦 The banking industry is facing competition from cryptocurrencies, especially as younger generations and tech-savvy investors move towards decentralized finance (DeFi) and digital assets.
• 🔒 Privacy concerns are on the rise with the EU's proposed chat control regulation, which could lead to widespread surveillance and potential abuses of power.
• 📲 Technological advancements, such as neuro processing chips in smartphones, may enable more invasive surveillance methods, raising questions about privacy and the role of technology in monitoring.

Q & A

What is the current state of the cryptocurrency market as described in the script?

The cryptocurrency market is described as being hesitant, with the price being basically the same as the previous day at 65.8. Some altcoins, particularly AI coins, are doing well and there are significant developments happening under the surface.

What political developments are mentioned in the script regarding Bitcoin?

The script mentions that heads of state, such as those in Argentina, are advocating for Bitcoin to be treated as a free currency, similar to any other. This includes the possibility of Bitcoin being used by businesses and citizens in Argentina, indicating a shift towards recognizing Bitcoin from a tax perspective.

How does the script suggest the US should approach Bitcoin to remain competitive?

The script suggests that the US, under the leadership of Trump, should lead in Bitcoin adoption to stay competitive. Trump is quoted as saying that the future of crypto and Bitcoin should be made in America, emphasizing the need for the US to be proactive in the cryptocurrency space.

What is the stance of Trump on CBDCs as mentioned in the script?

Trump is described as being against CBDCs (Central Bank Digital Currencies), considering them dangerous, and he has pledged to block the implementation of a CBDC in the US.

What is the potential impact of countries buying Bitcoin for their reserves, as discussed in the script?

The script suggests that if countries, especially larger ones like the US, start buying Bitcoin for their reserves, it could significantly impact the cryptocurrency market. This could lead to a massive increase in Bitcoin's value and further legitimize its role as a store of value.

What is the controversy surrounding the meme coin DJT mentioned in the script?

The controversy is that the meme coin DJT, which is suggested to have been launched with the involvement of Baron Trump, has reportedly rug pulled, meaning it has been withdrawn from the market abruptly, causing losses for investors. This has led to a lot of criticism towards the individuals involved.

How does the script describe the current sentiment towards crypto among younger investors?

The script describes younger investors as preferring crypto over traditional investments. It suggests that younger generations are more likely to hold crypto and alternative investments, recognizing the potential for higher returns in the crypto market compared to traditional equities.

Outlines

00:00

📈 Crypto Market Analysis and Political Impact

The speaker begins by discussing the current state of the cryptocurrency market, noting that prices are similar to the previous day with some altcoins, particularly AI-related coins, showing positive trends. They highlight significant political news, such as an Argentine official advocating for Bitcoin as a free currency, suggesting a potential shift in how Bitcoin is treated from an asset to a currency, which could have massive tax implications globally. The discussion also covers former President Trump's pro-crypto stance and the competitive nature of cryptocurrency on an international scale.

05:02

🚀 Potential for Crypto Adoption and Market Mispricing

This paragraph delves into the potential for widespread crypto adoption, with a focus on the political landscape and its impact on the market. It discusses the possibility of countries like Argentina and the US considering Bitcoin as part of their reserves, influenced by political figures. The speaker also talks about the mispricing of Bitcoin as an opportunity for investors, given its current undervaluation and the potential for a 'crypto wave' driven by political changes and public perception shifts.

10:03

💡 The Influence of Celebrity and Political Figures in Crypto

The speaker explores the influence of figures like Donald Trump and his family in the crypto space, mentioning a potential connection to a meme coin and the broader implications of celebrity influence on the market.

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency that operates without a central bank or single administrator. It is the largest and most well-known cryptocurrency and is often used as a benchmark for the entire cryptocurrency market. In the video, Bitcoin is discussed as a potential free currency in Argentina, indicating its growing acceptance and impact on global finance.

💡Altcoins

Altcoins are alternative cryptocurrencies to Bitcoin. They are digital currencies that exist alongside Bitcoin and offer their own unique features and benefits. The script mentions that some altcoins, particularly AI coins, are performing well, showcasing the diversity and dynamism within the cryptocurrency market.

💡Cryptocurrency Market Hesitancy

This term refers to the uncertainty and caution observed in the cryptocurrency market, where investors may be reluctant to make moves due to various factors such as regulatory news or market volatility. The script notes the market's hesitancy despite underlying positive developments, indicating a potential disconnect between sentiment and fundamentals.

💡Crypto Regulation

Crypto regulation refers to the rules and policies governing the use of cryptocurrencies, imposed by governments and regulatory bodies. The video discusses the potential for pro-crypto legislation and the importance of regulation in shaping the future of the crypto industry, especially in the context of Argentina considering Bitcoin as a free currency.

💡CBDC (Central Bank Digital Currency)

CBDCs are digital forms of a country's official currency, issued and regulated by the country's central bank. They are different from cryptocurrencies like Bitcoin in that they are controlled by a central authority. The script mentions Trump's opposition to CBDCs, highlighting a key debate in the financial world about the role of digital currencies in the future.

💡Meme Coins

Meme coins are cryptocurrencies that are created as a joke or for fun, often associated with internet memes or trends. Examples from the script include Peppa and Apple.

Highlights

The cryptocurrency market is showing hesitation with a price similar to the previous day, but there are significant developments happening under the surface.

AI coins and other altcoins are experiencing a resurgence, with some notable projects like Singularity Net undergoing merges.

Political figures in Argentina are advocating for Bitcoin as a free currency, suggesting a potential shift in how it's treated from an asset to a currency.

The potential for Bitcoin to be recognized as a currency could have massive tax implications globally.

Trump has shown support for Bitcoin, emphasizing the importance for the US to lead in cryptocurrency to stay competitive.

Trump's stance against CBDCs (Central Bank Digital Currencies) indicates a potential ban if he returns to office.

There is a growing global trend of countries considering Bitcoin for their reserves, with El Salvador and potentially Argentina leading the way.

Meme coins and the involvement of figures like Baron Trump in cryptocurrency projects are becoming increasingly noteworthy.

The cryptocurrency market is mispriced, presenting an opportunity for investors, especially given the growing interest from younger generations.

Bank of America reports that younger investors prefer crypto over traditional investments, indicating a shift in investment strategies.

Crypto adoption is accelerating, with stablecoins expected to make up 10% of money in the next decade.

Decentralized finance (DeFi) has proven to be more stable and reliable than centralized systems, even during market collapses.

The cryptocurrency industry is forming a bipartisan coalition to support pro-crypto legislation in the US.

Jump Crypto is contributing $10 million to the US campaign super PAC to support pro-crypto politicians.

The EU's proposed chat control regulation raises concerns about mass surveillance and privacy infringement.

The cryptocurrency community is rallying against chat control, emphasizing the importance of privacy and freedom of speech.

Meme coins like Peppa and Apple are gaining traction, with Peppa leading the pack in the current market cycle.

New cryptocurrency projects like Arc are finding their footing after initial hype, presenting potential investment opportunities.

Transcripts

as possible oh yes oh yes oh yes oh yes

guys welcome to another episode and as

you can see right now the price is

basically the same as it was yesterday

we're at 65.8 altcoins some altcoins are

doing very good the AI coins seem to be

coming back look here fet we have also

Singularity net and they will have this

merge that that they're working on but

overall the market is still hesitant

however however there are big news

happening under the hood beneath the

surface there are big news happening we

have heads of state such as for example

in Argentina saying that Bitcoin should

be a free currency just like any other

currency and Argentina should focus on

bitcoin and cavier Mele really advocates

for Bitcoin and the fact that listen if

you're a business in Argentina if you

are a citizen in Argentina you should be

able to use Bitcoin and uh it it should

compete with other currency there should

be free currency competition now this

would be massive if this happens that

Bitcoin is treated as a currency this

would be massive from a tax perspective

in all countries if Bitcoin goes from

being an asset H to being a currency

just like US dollar and everything else

that would be insane so hopefully this

is what Argentina will transition into

and he's basically saying uh to to

gabber from Van e basically saying

Bitcoin for all listen Bitcoin for all

there there will be free competition of

currencies so if you want to use Bitcoin

there will be no problems and you can

also use other units such as um uh other

things to trade with it is more

accounting Wise It's resolved by

function functional currency method we

will have a big big crypto wave across

the world from a political perspective

is already starting I mean we in crypto

we know it because we follow it so

closely so we've known already for

months and months and weeks and weeks

that for example Trump is pro crypto but

the average Joe is just now starting to

get it the average Joe is just now

starting to to understand the big impact

of it across the different countries the

different continents and we do see Trump

coming out yesterday yet again

confirming that he's Pro Bitcoin that us

must lead in Bitcoin to stay competitive

I love hearing this like the President

should say things like this that the US

must lead in Bitcoin to stay competitive

and the he's been saying the same thing

for a few for a few weeks now but in

each rally he has so he had a rally

yesterday he keeps repeating it he keeps

repeting the fact that young people in

crypto young people in America need a

future and crypto ensures that future

this and that let's listen to to his

latest speech one

second there you go to further secure

America's future and create opportunity

for young people I will end Joe Biden's

war on crypto we will ensure that the

future of crypto and the future of

Bitcoin will be made in America

otherwise other countries are going to

have it exactly I mean this is what I

want I want more countries and more

presidents to speak about how different

countries are competing because most

countries in the west they live on all

merits they still think that they rule

the world and so you rarely hear them

speak about that we need to stay

competitive like the EU productivity is

the worst of all you look at America you

look at China then you look at EU

productivity in the EU is at the bottom

it's

overregulation that actually removes

burden maybe we should have a regulation

that removes regulation you know maybe

we should have some some attractive from

a business perspective and the same

thing with the Sleepy Joe I mean he

rarely says anything like that but when

you have politicians speaking more and

more about the fact that listen our

country needs to be competitive we need

to be more lucrative from an investment

perspective from a business perspective

I love it I love it but also what's

interesting is that Trump is anti cbdc

so he's basically said that cbdc is

dangerous and he has promised not to he

has promised to ban cbdc basically let's

see if that will happen he he has pledge

to block cbdc in the US but if you look

across the world we're seeing 94% of

central banks currently uh working on

cbdcs basically that they will issue a

central bank digital currency where

everything you do is track directly by

the government now it's also tracked but

it's tracked by you know many banks you

can choose different banks you can go to

different countries use different banks

but cbdc is basically that all of the

digital money is no longer uh done by

the Banks and instead it is done by an

app that you get from your government

and that you you send and receive money

in the government App instead of doing

it via the bank let's see how this will

evolve but that's also very important

from the perspective that we have

politicians such for example Trump who

are anti cbdc and that's very important

so this is unreal for most people today

but there is a good chance that we will

see the Us and other countries buying

Bitcoin for their reserves in the coming

I would say 5 years it has started with

small count like El Salvador and and

probably we're going to see Argentina

next but even big ones like the US are

likely if we see Trump in office there

is a big big likelihood that they will

start buying crypto uh for the reserves

also because when you look at the

current crypto timeline it is I mean

it's quite interesting because there is

potential rumor that Baron Trump the

baron Trump is behind a meme coin or at

least it's one of this one of this side

in crypto right now that martinr you

know the farmer bro he is a convicted

felon also because I don't know exactly

the story you guys probably know in the

comment section but he this is what I

know he bought some Pharma company he

increased the price and uh somehow he

also committed a felony during that

process but anyway that's like 10 years

old or something like that that story uh

but but but he says that he launched a

meme coin this

djt which by the way kind of rug pulled

this is why he's getting a lot of heat

for it but he says that he did it

together with Baron Trump so we know

that Trump himself he has nfts he's

selling this trading cards he has nfts

there is a potential that Baron Trump

did this meme coin and uh martiny is

getting the heat for it because it's not

really performing that well and yeah

let's listen to what he says over the

course of the project we basically

debated how do you do this what is the

best way to do it we spoke with anom you

guys may know anom we spoke with him

about five or six times I don't think

he's going to deny that um we initially

thought that having 70% of the supply in

Trump's hands was going to make sense

I'm not going to get anything because

I'm not adding value my last name is not

Trump this is Trump's value it would

make no sense for me to get 50% or 25%

or something like that but at the same

time I like Baron a lot I kind of him

almost like a sun figure and I just

wanted to Mentor him and help him I

helped him make a decision as to what

college to go to I just have been you

know trying to be helpful and friendly

as much as I can so if he wants to do a

crypto I know crypto I'm happy to help

and um we thought 70% for the Trump side

how he was going to split that up is up

to him uh but 30% would be put in an LP

and or an air drop we talked to anom and

he said no no no no you got it all wrong

you can't do that that's not going to

work and we said yeah but this is the

president it's a big deal you know it'll

sell out no matter what some guy in Iowa

is going to put $500 and he said nope

you're wrong you're going to mess this

up like tapate did and what you got to

do is you got to put 70% in the

liquidity pool and man the Trump team

did not like that that was uh seemed

like it was was leaving money on the

table and it took me about a week to

show that actually Anson was right

paradoxically it made a lot more sense I

he describes the whole thing how he

basically Works according to martinr he

works directly with the trumps to

engineer a meme coin so it pumps the

most at the instructions of Anam who is

a Twitter dude in all of the small caps

just H how does that sound guys it

sounds insane in my head but I love it I

love it so much I hope we're going to

see more Trump involvement in different

coins now uh we don't know if if this is

true by the way maybe Martin scr is

making it all up because he's getting so

much heat for it and uh during this

space he had he basically yeah he said

that Byron got cold feet anyway let's

see how the hell this will turn out but

I just love that Trump is involved in

one way or another with all kinds of

crypto stuff and and likely if he gets

into office we're going to see a big big

change guys we have a lot to discuss we

have a lot to discuss today this is a

big intro but welcome everyone who is

watching live big shout out big shout

out to Eric Guzman who time stamping us

today let me know how you're doing this

fantastic what is it Thursday Thursday

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looking at the overall Market I mean

Bitcoin is still the same as it was

yesterday we're seeing R shoplinks under

the hood for example with all of the

political statements everything that's

happening in different countries we have

all kinds of things actually becoming

better that is not reflected in the

price and that's opportunity this

mispricing of Bitcoin right now is a big

big opportunity Bank of America comes

out says that younger wealthy investors

prefer crypto over traditional

Investments absolutely listen if you've

been growing up with computers you would

love crypto I mean you love crypto

because it is the computer money it's

not it's not being gate CED by some

intermediary who thinks that they matter

because they have a nice office or

something so younger groups hold more

crypto and more alternative Investments

exactly and the reason is by the way

because it's it's simple math let's say

that you've been part of the stock

market since the 70s you're a boomer

well you've had a fantastic Journey

you've had a very nice Journey you've

had fantastic gains and so everything

that you are already invested in uh the

young people will be buying your bag

they will be buying a the top so it's

better to be in alternative investments

in crypto Investments and bet for the

future for the next 50 years so you can

be early so you can buy mispriced things

and the biggest asset in the world that

is massively mispriced it is crypto

because people still think it's a scam

like in many countries you go to for

example Scandinavia you speak about

crypto like the average joob will tell

you it's a scam they still like that you

know you and I we're in a we're in a

sort of crypto bubble because we know

it's the future but I love the fact that

crypto is so mispriced it is the best

opportunity from an investment

perspective in the world it has been

that for 10 plus years well 15 plus

years at this point and uh it's the

opportunity is decreasing every year

because more and more people learn about

crypto but also people are so set in

their way like you know they listen to

the TV they listen to whatever the

bankers say Central Bankers say they are

obviously anti-crypto and they believe

it they believe it and they're so slow

at turning they've been gastl with this

crypto environment

fugazi story that crypto is bad for

environment like that probably took five

years from the average Joe getting that

crypto is his opportunity because he

thought it is bad for environment we

read that article you remember last week

that a world economic Forum said that

Bitcoin will cook the planet by 2020

they said it in 2017 so just imagine how

much money has been stolen quote un

quote from the average joob by by gas

gaslighting them into all of these

different narratives and the narratives

are dying like they're dying very

quickly you have now Bitcoin being one

of the biggest ETFs with black rock you

have countries countries adopting

Bitcoin and those people they could have

bought Bitcoin before El Salvador bought

them before Argentina is betting on it

before Trump is saying he's going to

support it but they didn't they didn't

buy them buy Bitcoin why because of the

gaslighting the fake news the

misinformation and all of the other uh

false false facts that have been shared

by main media I mean it is sad it is sad

for the average Joe now for us in crypto

it is actually it's actually good like

Believe It or Not For Us in crypto it's

actually good because we've got like

five plus years five plus extra years to

build our positions to DCA into crypto

more to stablish ourselves in crypto

more so basically they just prolong the

mispricing the mispricing of crypto and

mispricing is opportunity so let's see

how this will evolve but the fact that

most young people love crypto it's um

it's a no- break

while older investors hold a lot more

traditional equities uh younger groups

hold more crypto and alternative

Investments according to report three

quarters of younger people uh agree that

it's no longer possible to achieve above

average returns with exactly they're

already priced in the Boomers have

already bought them like what are you

going to achieve there compared to just

one quarter of those Gen X and older

similar to 2020 fins exactly exactly so

you got to be new investments in in New

in new markets and you got to use your

brain and find find opportunities that

most people don't see or most people are

gaslit into not seeing and that's Krypto

that's very very very important by the

way big shout out to all the Boomers in

the chat Boomer actually is not the age

because it's it's it's really a state of

mind you can have a 20-year-old who is

anti crypto it's uh it's still Boomer so

big big shout out to everyone uh now

look at this we have central banks

buying gold like never before gold like

never before they're buying it and

buying and buying and we're seeing this

accelerate we've been speaking about

this with DCA guys with CTO and James uh

before as well but now it's becoming

even more accelerated they're buying and

buying and buying gold and as you know

Bitcoin is digital gold so when I say

that it is very likely that more

governments maybe even the us if Trump

gets in office that they buy Bitcoin I

think it's a it's a Nob brain like it's

a very very small jump from gold to

bitcoin especially when you look at the

fact that many countries don't even hold

their own assets that's big problem we

all have been following this Russia

Ukraine conflict and just you know

looking not at who is right or wrong

just looking at the power Dynamic the US

basically confiscated $500 billion

dollar in Russian assets because they

held it in their financial firms uh

Venezuela lost a bunch of gold because

their gold was in the UK and so when

when you start looking at it and you

also see that other countries are

observing this other countries are

observing this and they're asking

themselves listen what the hell why is

why is it like that why why is why are

assets stored even on a country level in

intermediaries uh across the sea you

know across the border in some other

country why don't we have a crypto

instead it's way easier it's uh it's way

more straightforward and so this is why

to me it's an no-brainer that more

countries across the world probably is

going to be is going to accelerate with

the smaller ones that they start buying

Bitcoin putting Bitcoin into the

reserves and in in a way you can say

claim sovereignity that way let's see

how this will evolve in crypto we do see

jump crypto uh adding 10 million to

industry's political warchest So

currently we have a warchest of

$169 million doar to be deployed uh in

order to support the pro crypto

politicians it's very important like we

need more of that we need more money to

support all of these politicians who

will be Pro crypto because you can look

at the banking industry how much they

are contributing how much they are

supporting and crypto needs to be bigger

because crypto is bigger by definition

me look at the crypto Market where

crypto companies are active is worldwide

worldwide so by definition long term it

should be that crypto actually

contributes the most to all of these

politicians because the market is global

and the impact is global so another 10

million donated by Jam crypto to the

industry's US campaign super for Pac as

I don't know what this is Pac what is

that uh experts in the chat we're

choosing the option ask the expert ask

call a friend in the chat but anyway

they're going to support all these

politicians so they vote correctly jump

crypto put another 10 million into US

political oh yeah yeah political action

committee exactly this is p okay that's

seeking to rush as many pro crypto

members just rush them all guys rush

them put them all in on a track just

rush them to Congress put them in in

there as soon as possible to achieve

legislation the industry is after

exactly like all of the exchanges they

should put like 10 billion into this

just rush them all and ensure that

crypto has a future in the US the to the

total of 15 million from jump at Chicago

based invest means almost 169 million so

far has been amassed by fairshake and

it's Affiliated uh political action

committee as of Wednesday according to

Spokes there we go there you go very

good the crypto blockchain communities

have have truly become come together

well I mean crypto and blockchain is the

same Community guys like there's no

there there are not two different

communities and by the way the

blockchain community kind of does not

exist like what is that uh crypto

without blockchain blockchain without

crypto is nothing it's a centralized

server so the crypto Community has come

to form a sustainable bipartisan

Coalition and by the way crypto is where

we need good regulation like blockchain

is a centralized blockchain without

crypto is just like centralized software

like it needs no new regulation like it

it doesn't need anything it's already

it's already by default centralized and

you don't need anything new it's the

crypto part that needs good regulation

so they are gonna do this by parts and

Coalition and effective operation that

is built yeah let's do it guys let's do

it just do something good in in Congress

in this coming election so we have good

future for crypto in the US next look

here this is also why all politicians

should look at crypto central banks

should look at crypto and they should be

thinking and using their brain very

quickly here because the the explosion

of adoption is massive

stable coins to make up 10% of money in

the next decade or so and next decade is

very quick guys it's you know it is like

this election and then like next

election and then a decade has passed so

when politician central banks look at

this obviously they need to start

thinking where they fit into the mix and

so Circle CEO Jeremy allair revealed

four of the biggest reasons he's more

optimistic about crypto and stable coins

than ever before and he's he's basically

saying the fact that the the ISO views

and the fact that also this is helping

countries who have stable coins because

all stable coins they buy treasuries so

it's a it's a buy pressure on the

treasuries which helps the government to

raise money and basically saying what

what does it look like when 10% of

global economic money is stable coins

and when credit intermediation moves

from fractional Reserve Ling to onchain

credit markets oh man it's going to be

insane this is going to be insane and

defa has already shown that it's it's

more stable it is more trusted and more

reliable than any centralized system zi

is the way because during the collapse

of FTX of Luna and all of this fugazi

real defi never collapsed a did not

collapse compound did not collapse maker

Dow did not collapse so all of the defi

that is actually economically sound has

been working perfectly and this is very

important because it shows that we can

have Capital Market on chain and it's

only the beginning like this this is

going to accelerate more and more and

more and in the future all banks are

going to have their lending on chain as

well it's also inevitable because that's

where you're going to have the biggest

Capital Market and if you as a financial

institution if you're not part of the

biggest Financial Market you cannot

offer your clients good rates you cannot

offer your clients even the best

opportunities all of the opportunities

because most opportunities are going to

be on chain you want to invest in

something likely it's tokenized on chain

so if you're stubborn you still think

that Bitcoin is going to cook Planet by

2020 and so for that reason you don't

allow crypto trading crypto access to

your bank clients because you want to

keep your ESG score which is also fugazi

because Tesla has worse ESG than philp

Morris which is like cigarettes to

Tobacco okay so I mean you understand

like the the this whole narrative is

kind of flipping it's flipping

apparently Bitcoin did not cook the

World by 2020 so is 2024 anyway let's

see see guys how this how this will

evolve and also like another important

narrative is that crypto and Bitcoin is

actually helping the renewable industry

I think this narrative is getting more

and more and more uh wind right now like

people are starting to get it actually

Bitcoin is helping Renewables because

you can always put your excess energy

which all renewable sources have into

crypto Mining and you can be profitable

because otherwise you're you you cannot

monetize the electricity which is not

consumed at the same time as it's

produced but now with crypto you can so

anyway I I think it's it's it's

fantastic what's happening right now

with crypto is fantastic from the

political use case like

narrative is all coming together so nice

and I could not be more bullish each and

every day that comes looking at all the

updates I mean it's crazy it's super

bullish van egg brings Bitcoin ETF to

Australia's main Stock Exchange so we

have another ETF in Australia that's

good and and you look at the average Joe

the the the psychology they're not

buying I mean right now people are not

buying why because of this when Bitcoin

is 74 everyone is saying I'm an idiot

why didn't I buy at 64 and now it is 64

and everyone's like LOL I ain't buying

that that

it is like that but as soon as it

starts to to Moon past the resistance

it's going to be a b big flippening

we're going to see the biggest fomo in

the world to be Unleashed on crypto I

mean imagine all of the people who think

now Bitcoin is going to go down then

Boop goes up above 70 70k pumps to like

72 man the f is going to be insane

that's why when the breakout happens

it's quite violent especially after a

long consolidation because a why is long

consolidation important for a big pump

and sustainable pump because during a

long consolidation more and more people

start to lose Faith they're becoming a

bit nervous maybe they even take a bit

of uh chips of the table so you have

more and more percent of the market

nervous une easy maybe they took a bit

of profit maybe they removed money from

the market and they're all watching the

consolidation the longer it passes the

more people are just watching it and

they're they're in suspense what's going

to happen so when you have a long one a

big percent of the market will be in

suspense and as soon as it boops boop

boop starts to go up from the

consolidation everyone who is now

watching in suspense now they're fing in

and that's why you have such a big pump

after each consolidation it's not it's

just human psychology it's the human

psychology

so that's that's basically the next step

in this market now let's see what's

going to happen there let's switch gears

let's switch gears to some crypto drama

we have certic coming out which is an

auditing firm as you know they basically

found the bug in Kraken where they were

able to construct a transaction in such

a way where Kraken would basically

credit their account so you deposit into

Kraken the Kraken gives you Bitcoin in

your Kraken account but the deposit

actually gets reversed they figured out

a way to to to construct a transaction

of this of this fashion and that and

they could demonstrate that hey you know

we're depositing into into Kraken we get

the balance updated in Kraken exchange

but then the deposit reverses so this is

something that they that they have

outlined here and uh cic is saying that

Kraken is unprofessional because Kraken

basically instead of working with them

and you know handling this situation

Kraken demanded demanded that all funds

to be returned in 6 hours apparently

they did not they did not give they did

not give a deposit address repayment

address like it started coming out and

saying that yeah Kraken is is not

professional here you know we found the

buag they fixed it but Kraken we don't

think it's professional Now kraken

responded and saying that actually it is

cersi that is going nuts here because

they demonstrated the problem so within

minutes we discovered an is so basically

this is the head of security at Kraken

he said that they got reported they they

saw the report of the bug they fixed it

instantly but they also realized that

these hackers or the white hack white

hat hackers cic they first tried this

with $4 you know they first tried this

with $4 they deposited $4 and then like

with they withdrew the deposit uh from

the

chain and uh Kraken says listen uh you

could have stopped there like this is

enough to show the vulnerability but

instead of stopping here the security

researcher then told his friends about

this um vulnerability and they all

withdrew three more

million this is the the problem that

Kraken has with the SEC security

researchers with cersi that they they

first did $4 that like they were fine

with that

but

then he told his friends and they took

out 3 million okay but not only that

apparently apparently what has happened

is that then they then put that three

million into tornado cash like I I can

understand kraken's point of view here

also that you know man we we see the bag

we fixed it why did you take three

million you could have taken $4 and why

the hell do you put it in tornado cash

why why you will return it or why you

put it in tornado cash

anyway so the initial back Bounty uh

report did not fully fully disclosed

this information that they took out

three 3 million uh so we contacted the

security researcher to confirm some

details and in turn so and yeah and they

requested everything to be repaid but

instead of repaying the 30 guys

according to Kraken the the researchers

so to speak they said listen before we

repay you got to speak to to our sales

guys you know the business development

we got to develop some business here we

we we have a business case here let's do

some business development with our sales

guys we're going to have a good session

of Business Development and then we will

see how we're going to repay you after

the business development first we

develop a business and then we repay you

okay so what happened and um uh uh and

let's see so they did not they did not

want to

repay until Kraken would tell them how

much money they could have lost if this

wasn't properly disclosed and if if they

just hacked Kraken okay I mean obviously

this puts Kraken in a position like okay

so okay theoretically what could have

happened and obviously no exchange will

tell you that okay theoretically like

Aller exchange is is wrecked like you

can take all the money or like you know

to to or all the money from this wallet

from this specific wallet until we like

it sounds to starts to become a bit

ridiculous that you know you have to

guess you have to guess and also puts

you in an uncomfortable situation

because like yeah I mean why why why

should why do we do

this you understand like and I

understand that Kraken is a piss because

of this so anyway uh they they are going

to go to police now okay that's the

conclusion and yeah and after they said

they're going to go to police then

certic returned everything and yeah

pulled out of tornado cash so let's see

guys I mean probably C you know maybe

they need extra revenue or something is

bare bare Market has been tough so maybe

they say okay we we take 3 million we

keep it and you cracking guys tell us

how big of a problem this is that we

discovered is it like billion dollars we

saved you is it trillion dollars we

saved you and maybe then let's discuss a

nice back Bounty based on that but

Kraken said you know what the hell we'll

go to police you you could have just uh

because this this programs like bu this

this is the way it works each company

who has a back Bounty program they say

we will not go to the police if you

follow the rules we have a back Bounty

you and you as a security researcher you

have a safe harbor meaning that you will

not get prosecuted for hacking us if you

do it according to these rules to

demonstrate your your security flaw that

you found and this is how you disclose

it this is how you contact us and this

is the back bounce you get if you if you

if you achieve this so if you follow it

then um you will not get prosecuted and

yeah investigated but if you do your own

race like search has done then then

likely they they're going to get uh

investigate let's see let's see how this

will evolve now guys we have um we have

a bit of an update when it comes to this

uh chat control guys so uh chat control

is this new e regulation we discussed it

yesterday which which basically means

that all of the communication of all of

the users of all of the messaging apps

will get

screened by uh EU the EU is going to

have a server where everyone's messages

are being sent and then like an AI is

going to analyze it and in case there's

something you know some child abuse or

something like that they're gonna take

action that's the whole idea which is

like ridiculous but but there is some

news number one it becomes a bit Soviet

style where if you are are an exempt

person so some people will get exempt

they say that police officers will be

exempt soldiers Intelligence Officers

and even themselves from chat control so

in interior ministers they remove

themselves from chat control now

obviously you know the next step the

next step is going to be oh I know a guy

who can exempt me also you know my let's

say my husband is working in the EU he

will put me on the exemption list I mean

as you can see it it becomes it becomes

effed up it be like this becomes effed

effed up right now so hopefully this

will not pass but they're really pushing

it like the way they pushing it is crazy

it's crazy it wouldn't surprise me that

it get gets passed so that's one update

another update yesterday I went into a

bit of a rabbit hole to research how how

will we survive in this Mass

surveillance regime like what what can

we do so at first I thought that okay

maybe we can run our own server with

like IRC we run our own chat server and

then we communicate peer-to-peer and uh

this way it's all uh yeah it's

peer-to-peer there is no platform that

is reporting to the EU and all of that

however I got into the rabbit hole of

these neuro processing chips guys so all

iPhones and all Androids all the phones

they come with this neuro processing

chip which is like an AI chip it's

supposed to H do all of this you know

chat GPT locally but when you ask Siri

the Siri now is smart because it has

this special chip that can do AI super

good now this chip can analyze data uh

from the GPU directly like this is the

problem like end to endend encryption

and running your own like server it may

get circumvented if the NPC chip AI chip

has direct access to the GPU and can

just screen every everything you have on

your phone in real time everything that

is rendered on the screen in real time

and uh do the the moderation there okay

so I I don't know guys what what hell is

happening with this world like it's

becoming quite um or valian okay so the

only action point I have is that don't

throw away your old phones without this

uh neuro processing chip go and dig up

your old like iPhone 6 okay and save it

because it may be it may be super

valuable in the

future and uh uh this this this hard

because basically they they can take

surveillance to the hardware level they

can take all the surveillance to the

hardware level because they can have the

AI chip monitoring the GPU chip in real

time and then it doesn't matter what

software you run because they just

monitor everything on the hardware I

don't know why this is not a bigger uh

debate about this like a bigger outc in

the mainstream media but again like they

don't uh they don't really care like

that's the thing with mainstream media

you think they they would be they would

be they would be how do you say they

would be what they would be controlling

like not controlling but they would be

monitoring the powers like keeping the

people in power in check but they don't

they don't like what the hell chat

control guys everything going to be

monitored and again again on the

hardware level AI can monitor you so

yeah that's that some guy pitching some

coin uh listen I just told you on an on

a hardware level on the your your Co

like some guy in the chat you know is

GNA fix I just told you your coin comes

with Hardware or what your coin will

come with with Hardware to some guy what

about

[Laughter]

card I just told you this issue is on a

hardware level if you're coin does not

come with a hardware that will freaking

replace the this neuro processing chip

it won't solve it now the way to fix it

the way to fix it is that basically you

need I mean you need Hardware like you

you need Hardware it's like you need

just like your Hardware wallet in crypto

you will need a separate Hardware to

communicate where this surveillance is

not there so that that it's not even

connected to the internet so you type

your message this is how it could work

that you buy a separate device you type

your message you encrypt it and then you

give it to your like normal computer

which is fully monitored but it's

already encrypted there okay and then

and then exactly cardan what about

[Laughter]

cardano big shout out big shout out to

cardano now let's go a bit into the

digion world like I mean I told you that

AI coins are are pumping quite nicely uh

let's see if that will consing and also

they they're going to merge like

Singularity that fi ocean protocol

they're going to merge very soon as well

uh next next next guys Basenji keeps

pumping even though to it pumped more

yesterday today it's still pumping today

it's still up we we have the price quite

nicely at

0.07 and uh yeah let's see how this will

consing but I mean this is if if they

can but it's very volatile I mean

obviously you see it PS them boom then

pumps hopefully it's not going to be a

big boom to the downside uh let's look

at the leader of this Cycles meme coins

Peppa I mean also Peppa like it's one of

the strongest charts you see it's it's

fantastic it's one of the strongest

charts it's a uh you know creating the

base then P creating new base then P now

creating a new base so Pepe is really

leading the whole pack here now there is

a coin which is sometimes mistaken for

paper and that's Apple I don't know if

you guys have heard about Apple but it

is kind of from the same like graphical

universe is also this frog it is at a

discount like hell today and hopefully

they will recover but basically Apple is

is also quite big on the internet like

just like Peppa is big on the internet

but the big difference I would say with

between Pepa and apple from a cultural

perspective is that Appo is more uh it's

not as loaded politically because you

know Pepa it comes from like fortun and

stuff so many people when they see peepa

like it can mean many different things

to many different people who have

experienced it on forun and all of that

Apple it is like Peppa but uh without

the baggage and also no IP copyright

issues because that's another

interesting thing with Peppa and maybe

you guys know it more in the in the

comment section like because Peppa was

created initially by some guy but then

it got used in all of these online

communities for like totally different

purposes and now it also has transcended

that like political Fortune stuff into

crypto okay and now it is like a crypto

thing and most people they learn about

Peppa now from crypto and not from this

forun and stuff and and memes before

crypto because yeah I mean as years Pass

New Generation comes they haven't even

seen the the previous things but anyway

Apple doesn't have so it's more of this

playful without IP IP problems um now

it's I think it's both like there is

some good with that like you don't maybe

Central exchanges can list you easier

this and that but pep is already listed

uh but you still need this hardcore

community and and hardcore Community uh

maybe in some cases needs this you know

edgy edgy approach I mean let let's see

how they will how they will perform uh

but yeah I mean it's like another Peppa

another Peppa to keep to keep an eye on

and uh yeah let's see how they will

perform if the if the meme season

continues if memes keep keep pumping

then uh yeah I mean Peppa going to do

well uh likely appu is going to do well

as well uh Basenji probably going to do

extremely well uh there is one coin

which we've uh which we've looked at at

the launch and you're remember whenever

a new coin launches I'm always telling

you to wait until it comes down that a

new coin launches always a hype hype

period Then it coms coms down so Arc is

such a coin where they launched like a

few days ago where was it 11th now

they're calming down very nicely and it

could be a good entry and basically Arc

is like by biton chain it's a derivative

exchange and you can see that they have

also like all kinds of prices to win if

you use it like if you are a user of it

but it is like decentralized bit you can

can think of it and they have a,x

Perpetual decks so hopefully they will

bottom out here as well and then as the

bull market returns we're going to pump

Higher and Higher and then finally some

final thought before the before the Q&A

is that uh when when you look at the EU

like uh I mean with this chart control

guys it's crazy and I don't like that EU

is so massive like is the entire

continent of Europe basically with a few

exceptions which means that one crazy

proposal one corrupt politician that

gets paid by some interest so for

example there are you can go into this

rabbit hole with chat control if you

want but there is a rabbit hole you can

explore where it basically uh let me

actually show you the rabbit hole so

there is a Swedish VPN provider and um

uh this is called the mulad let me show

you here it's like this uh Rat in the

earth like what it's called guys what is

this

uh what what is this called in uh in

English like the mall mall exactly is

the mall anyway so this mall they're

like a VPN provider but also they're

very uh like I would say they're a bit

activistic in terms that they're Pro

privacy and like I mean they're VPN

provider obviously they need to be uh

activistic but also like through through

the years they have been very good in uh

in following their value of privacy and

all of that and they have this

whole uh blog post about

what is actually behind chat control and

uh you know from the beginning it starts

with you know we're going to look for

terrorists sex sex crime organized crime

and then you know holigans maybe in the

future maybe in the future satire if you

do some satire about the government

they're going to see it in chat control

uh drug addicts then sexual deviant

genetic abnormalties like you know this

can really go out of control if the

government changes and that's the thing

when you give a a power to some power to

the government you also give the same

power to all the future governments so

yes today maybe it is about the uh you

know this things here on the left but

okay who will govern EU in five years in

10 years in 20 years because they're

going to have the same powers to monitor

everyone and you you see that it's uh it

can go real bad but anyway here in this

long article they're describing who is

behind chat control so there is this

politician from Sweden I mean it's uh

yeah uh sorry

[Laughter]

guys uh yeah uh anyway so she she she

she has this law and uh she says that

she's behind it and um she's all the

time repeating that it's for the

children it's only for the children like

uh it's it's nothing else no other

interest we I only want to protect the

children she she saying all kinds of

nonsense when she gets told that there

is no way

there is no way to monitor encrypted the

chats without decrypting them first like

for the longest time she was saying oh

no it's it will be possible like with

court order like she was gaslighting

back and forth but anyway when you

scroll down you're going to see

that likely likely they are being

lobbied by a by different companies from

the US that do this Tech Monitor and uh

likely there are all kind of Interest

behind this that uh yeah that we don't

even know so hopefully this is going to

get investigated but uh it's crazy it's

crazy it's crazy and it's always going

to be yeah uh save the children and then

Boop you have Master let's see let's see

how this was um how this will evolve but

yeah it's quite crazy so because of

this the ideal scenario is that we have

small countries see I prefer real

freedom and then you have like more

different states and and and um

jurisdictions and like yeah real freedom

is this like if the whole world is more

you know like Hong Kong Monaco lonstein

Swiss cantons and all of that San

marinos that's better that's better

because big countries like one

single politician can get some Lobby

lobbi to convince them to do something

that affects everyone and you can and

you yourself can Cann really affect us

that's bad that's very bad and so

instead it's better with smaller

countries where yeah I mean number one

they likely care about the people more

because it's smaller but number two also

you have the freedom to choose you it's

easier to to explore new opportunities

in different transition there's there's

going to be more uh competition so like

in general I don't like this trend of

you know more and more power

centralization let's see how this will

evolve but uh if you have crypto if you

have crypto you still have some

sovereignity because you you still can

choose if you don't have crypto man soon

it's likely you're not going to be able

to choose anything don't have crypto

anyway let's go let's go to Q&A guys

let's go to questions answers debates

discussions let's

go let me pump the beat while you are

thinking about questions let's thank

Guzman again for time stamping Us number

one number two check out bit link below

and on this note on this note guys let's

go to Q&A each person should become

their own yeah that's the lowest

resolution or yeah like the high or the

highest resolution the highest

resolution B strong what's up with this

uh I I don't know that

coin everyone can cross the border in

United States but if I want to go out to

United States the same way I'll go to

jail I mean especially if you have a

business and you want to move it out

there's going to be a big fat exit tax

and and they try to make it harder all

the time like you move out of the US you

still need to file tax report every year

and as the government debt goes

ballistic uh likely likely there's going

to be more uh obstacles uh and so it's

inevitable like all all all Economist

that are not doing well they need to put

in more obstacles so money does not

leave that's very

important if Ledger were to become

compromised by government is it possible

to get your keys off onto another world

yeah I mean you you can easily uh

transfer you don't need to Keys you

should never transfer like it's

impossible to take keys out of a ledger

but you you just do a transfer you

create a new wallet you set up a new

wallet and you transfer everything there

that's

uh planner release I don't know any

dates I can check it though but I don't

know any guys what are thoughts on zik

Rolla projects in general and in

particular from the pump mental uh let's

market cap with all of this like HED

ones it's they're too bigest like we've

been discussing that a few days ago that

they take all of the value in the

private rounds then they launch and yeah

it's fine 5 billion I mean to be fair

it's not let's see this one is 5 billion

let's look at like arbit like z s maybe

actually the arbit yeah this one is

time so yeah I mean potentially ZK syn

is okay price right now but okay price

doesn't mean that it's cheap it doesn't

mean that you know it's it's uh 100x

like C

did but see this is good they launched

here at 0 three found the bottom so I

mean it's always when projects launch

they have higher priz than they find

find the bottom and then they can work

so likely this is a good entry by the

way in ZK swing and when you ask about

ZK projects in general it's impossible

to say because it all depends on their

to toonomic um so it's impossible to say

you know all of them are bullish or

bearish I mean one thing is that the ZK

narrative it feels a bit like tired

tired tired tired is that how you say

tired not energetic a bit tired because

everything is ZK ZK roll up ZK this ZK

evm ZK swing ZK ZK like for the past two

years everything is ZK now the reason I

say it's a bit

tired is because ZK stands for zero

knowledge and the average Joe couldn't

give a flying duck about like this Tech

stuff you know

they they don't care like when something

is ZK I know it's it's like marketed

towards the crypto Natives and when you

have such marketing they're not going to

capture the average Joe well for example

Solana Solana is very popular for new

new Commerce in crypto they download

Phantom they start trading the crab

coins they have a way to acquire users

new users in a nice friendly way and

they don't care about this you know ZK

ZK zero knowledge tech tech tech it's

like you know you invest in a company

and it's like HTTP

HTTP website HTTP this that like

everything is HTTP back in the back in

the internet so yeah let's see let's see

and I mean there is I mean you always

need new nomenclature what's called not

n what called like new nor clure is like

government stuff or like you need new

vocabulary vocabulary well what it's

called this vocab like for example when

internet came you you you need to know

com guys like you don't know you cannot

use internet even if you are even if you

are

uh Average Joe you need you need like

some new vocabulary so do com was that

in in in um the internet era and so in

the crypto era we have so much already

like you need wallet passr seed like all

of that crap your wallet address ens

like the last last thing you need is

jargon exactly jargon yeah the last

thing you need is another like Tech

super tech abbreviation ZK okay so it's

not really for the average Joe it's more

for you know that we gigs get excited

and and Crypton natives put their money

which is which is fair strategy but it's

it's just been going on for two plus

years and I think this bull market we

are already seeing this mainstream come

in and uh all of the tokens all of the

projects they should start catering more

and more towards main now ZK outside of

the name like ignore the name it

actually does that in a big way because

zkn has native account abstraction so

that you have the same address for your

wallet but also for your smart wallet so

that's amazing like actually on a user

pers from a user perspective they're

quite good they're actually very good so

let's see let's see but just like this

branding like ZK this ZK that it's like

zika virus here and there I I don't know

guys let me know what you

think now on this not let's uh let's end

it now we're at 50 minutes it's quite

long Smash Up the like subscribe to the

channel see you all tomorrow big shout

out to Eric Guzman enjoy your Thursday

enjoy your day and goodbye guys goodbye

goodbye goodbye goodbye was great

hanging out the Z guys is bottled up as

Matt would say we we're going to be back

tomorrow have a good day bye-bye