Crypto Market Overview, Stables, Tariffs AI, Tech

Recorded: April 11, 2025 Duration: 1:03:09
Space Recording

Short Summary

In a lively CryptoPulse discussion, participants explored the current trends in the crypto market, highlighting the rapid shifts in sentiment, the potential for an altcoin season, and the increasing interest in stablecoins as alternatives to traditional finance. The conversation underscored the importance of adapting to market volatility and the exciting innovations on the horizon as blockchain technology converges with AI.

Full Transcription

Thank you. Music Thank you. so
what's going on everybody welcome to wolf welcome to another cryptopull space it's good to see
everybody in here i'm gonna shoot a message out to some of the other speakers they know that we
started happy friday happy friday we made it all the way to the day that the week ends but the
weekend you know it's just not a time to rest. There's no time to rest in
this kind of market. Now is the time to turn on actually, because that is when all the crazy stuff
goes down. It seems like every weekend we're met with some kind of big announcement or some kind
of thing that throws everybody for a loop. So I'm definitely looking forward to seeing what that's
going to be this weekend. Uh, but so far a lot of stuff has happened this week. It's good to see everybody in here.
I see Zet, Tropic, I see Jerry up on stage.
I'm going to shoot over a couple other invites as well here.
But yeah, man, I'm excited to hear what people are thinking
and seeing in these markets, what they're paying attention to,
any thoughts on some of the stuff that's going on this week,
things that they're paying attention to, things like that.
I'll kick it over to Tropic and see what's going on over there in tropic land how's it going man
doing good doing great actually uh i don't know i like it when it rains and uh it's raining so it
just puts me in like a good mood even though it makes me want to sleep so yeah as far as what's
going on this weekend and everything just you know obviously it's just another day for us.
But it's just really interesting to see the timeline actually flip between positive sentiments and negative sentiments.
And the world is burning.
And then, oh, this is awesome.
So it just really shows how the attention shifts so quickly.
But yeah, if nothing else, it's entertaining.
Especially if you're not someone who's going to react to all of the, I guess you would say, the excitement and the drama.
But I just like, honestly, just seeing all the different memes that are coming out of it because I'm here for the memes.
I don't know about you guys.
So, yeah, I think it's just a great time to just watch the commentary in laughable format.
So, yeah, happy to be here with you all.
Yeah, man, it's a pretty crazy time to be alive.
I appreciate you coming here, Tropic.
I want to kick it over to Jerry.
Jerry, how's it going, man?
It's great to have you up in the space.
I'd love to know what kind of things you're paying attention to in the market,
things you're seeing and paying attention to.
Yeah, absolutely.
And I think a crazy time to be alive,
and maybe more specifically a crazy week to be alive.
This has definitely felt like one of the longer weeks uh we've had in a while and with crypto as a lot of you guys know
um there can be a lot of long days and long weeks but this one felt particularly
uh long given all the everything that has transpired and i think um by way of background
for those of you that aren't
familiar with hashtags, we're a crypto asset manager. We've been around since 2018, and we've
got ETFs, ETPs in Latin America, in Europe, and then in the US, we have a Bitcoin ETF. We were
one of the first Bitcoin ETFs to launch last year, and the NASDAQ
Crypto Index US ETF as well, which just launched a couple months ago, almost exactly two months
ago actually at this point.
And so we've always been focused on digital assets in the crypto space.
on digital assets in the crypto space.
And one of the things that we try to convey as much as possible to our investors is that
the euphoria that happens in up markets and the despair that happens in down markets is
kind of two sides of the same coin and that it's really important to kind of keep a longer term horizon
if you're looking at this asset class from that perspective when you have kind of weeks like this
in particular where the volatility is just just crazy and not just obviously in crypto and Eric
Bakunas from Bloomberg had posted something on Twitter yesterday about the S&P 500 being more
volatile than Bitcoin,
which I think is kind of funny and true in the short term here.
But I think there's a lot to be said in terms of what's going on with tariffs and how that's
going to impact crypto.
I'm happy to talk about that later on.
But for now, I'm just kind of happy
that this week is almost over.
Yeah, absolutely.
It's great to have you up here, Jerry.
Yeah, it's been nuts.
We've thrown a few extra spaces this week
and dove deep into the tariff conversation as well.
Never knew how many tariff experts
there were out there,
but certainly a lot of people
are getting educated on it.
There are people who are tariff experts, actually. it's been, it's been good to, to listen from them here
as well and actually learn something. And, um, it's pretty, it's pretty interesting, you know,
living through this paradigm and this shifts, uh, a lot of people who are very smart have said
so many times in the last month or so, they're like, dude, I don't know how to play this market.
And I've known how to play this market every time before and this one feels very very difficult um the traders are realizing
that there's a new game a lot of them are struggling through it and having to move into
scalp trades a lot of those guys but it's cool because a lot of them are looking to level up
their skills because the market has thrown some extra twists and turns here and so certainly for
retail um you basically have two options.
You either level up or you get rinsed.
And for people who are building the space, I imagine it's a similar story.
So, yeah, it's great to have you up here, Jerry.
Great insights there.
Let me take it over to Zett.
And then I see we got Brooke up here.
I see Noah's up on stage as well.
Eventually we'll kick it over to Emp.
I know he's doing some stuff over at Wolf Trading as well.
But, yeah, let me throw it over to Zett. he's doing some stuff over at wolf trading as well um but yeah let me throw it over to zett how's it going man doing awesome over here how's everybody
doing great to be here as always just want to send a rowdy howdy and a mighty gmg agn to all
you listeners out there thanks for being here welcome into wolf my name is that aka meta zett
because if you met me you met a zett and that's right This is your wake up call, baby. Wake up. Wake up. Wake up. It's the crypto postal. Come on
Get up get up get up. It's wolf web three wolf crypto and you know that we strong
No, i'm just messing. Obviously. I had a little
Uh some juice this morning. I'm all juiced and ready to go and i'm thriving in this market you
know up and down uh a little bit of a roller coaster but uh i i thrive on the thrills so
uh i always say we live in the craziest timeline uh and i think that it's it's uh it's a blast are
you not entertained i think uh i think all of us here at least entertained to some degree I would hope
Um, so anyway, just so many bullish things going on on a on a macro scale
Uh, maybe bearish if you're talking tariffs and I of course am no
Uh tariff expert. Um, i'm really no expert except real estate
I'm an expert with real estate and probably nft strangely enough if that's a thing
But uh back to tariffs obviously i'm no expert with real estate and probably NFT strangely enough, if that's a thing, but back to tariffs, obviously I baby we're back and uh you know so we could go
down back drop another who knows 15 20 but i think that ultimately we're gonna we're gonna send
continue to send there's just too many bullish things going on on on a grander scale um you know
like coming down to regulation and um with David Sachs and the Trump administration
and Loomis pushing for the Bitcoin reserve.
I think one state just passed the BTC reserve.
So anyway, I'll stop rambling.
Obviously, I'm bullish, permable, and I'm amped up.
But thank you for having me here.
As always, much love and mad respect.
Well, look, I was going to grab a coffee, but I don't need it now i got the i got the zet
injection i'm feeling hyped now so now i always appreciate you coming through zet and appreciate
the energy here as well shout out to you let me get over to brooke brooke how's it going what kind
of things you're paying attention good morning morning i also love zet's energy and now what
did you say you're juiced up like i now I'm juiced up. Like, earlier I was, like, just chilling. And now I'm juiced up.
digital assets and just say, you know, this is a different asset class and have it be, you know,
all sort of one level because now we see the traditional finance world super volatile as well.
But I also am bringing a perspective of, you know, I've been spending a lot more time with
family and I have a 20-year-old son who got his first job in October last year and just recently told me that he's
been DCAing into Bitcoin since he got his job. And I like hit the floor and he's like, well,
mom, I've always listened to you. And I'm just like, what now? And then he told me he had ETH
in that wallet with the fox that follows your mouse. And I just was like, what? I thought for
sure I was going to have to help him set everything up.
But then I realized he was doing Unmindable, which is just mining crypto from your graphics card, for a long, long time.
You don't make a lot, but it was just a cool thing for him to do.
And then my parents, who are not Trump supporters, and so they just sort of see red and see all like the problems. But it has
allowed for us to have conversations. And instead of being in this like Web3 crypto bubble,
you know, echo chamber, we're now able to have conversations with people who weren't,
you know, maybe they were more risk averse to crypto. My son was like, yeah, I have this
coworker who, you know, keeps telling me about different financial vehicles to, you know, put
money into. And he's like, I told him that, well, my mom's really, you know, into Bitcoin and has
been for years. And the guy, instead of, you know, like usual, what I hear from people is like,
oh my God, that's a scam. And it's a Ponzi and, you know, steer clear of that.
The guy actually was like, you know, I just don't have enough information about it.
You know, go to your mom, get more information so we can have a conversation about it.
And I just feel like, you know, I always look at things sort of as in the psychological world of like, what are people's, you know know thoughts and feelings about things because that's what leads
innovation and like pushes things forward because people have to feel good about what they're doing
and right now they don't feel good about the traditional finance world and they're looking
for other things it was the same in 2008 that's why things happened the way they did in 2009
with the white paper and with bitcoin so i I kind of see that again, where people are like,
we're not super thrilled what's happening in the traditional world.
So let's look for other vehicles here.
And I don't know, I think it's positive.
I've always been bearish because, you know, we're still up from where we were,
you know, in 2010.
So that was not that long ago.
Anyway, thanks for letting me rant.
But I just feel like there's a
lot more sentiment lately and just being able to like have conversations with people about
you know what what this is I think is a positive
love that Brooke wow love that for you man or the Love that for you, for your son. That's incredible.
Right. I was like, I just hit the floor. I'm like, I don't think I've ever talked to you
specifically directly about DCAing. And he's like, yeah, but I've heard you talk about it.
I'm like, he used to sit on clubhouse rooms with me and just like, he would hear me on,
on these, you know, different social media platforms. And
so, I mean, I always knew that he listened, but to actually put it into action. And I didn't even
ask him how much was in his wallet. I just, it was like, well, that's your, you know, that's,
that's you, but it's, it's just really cool. I think his generation too is like, now they're
coming up the 18 year olds, 20 year olds, 20, you know,
that generation are like, they're seeing everything for what it is. They're, they're really smart.
And they were also like the COVID generation where they were in high school and, you know,
had to be quarantined and that really affected that generation. And so they're kind of looking
at government very differently than like,
I'm Gen X that,
that we did or whatever.
So I just think it's really important to realize that if you have kids,
teach them about,
teach them about DCA.
What a great mama.
What a great mama.
That's where we need to clap sounds.
that's fantastic.
For sure. Yeah yeah i remember the
clubhouse days as well as those are those were brutal i was just trying to get this thing going
i was trying to do podcasts live i didn't even know this app word gary v just kept yelling at
me to do it and ultimately that specifically led to nothing um but it's definitely just one of the
steps along in the journey so that's awesome here Brooke. I want to kick it over to Noah, see what he's thinking, see if there's any specific things in the market.
This week, he's paid attention to the most, anything he wants to chat about.
See Lady Trader joining up here as well.
And definitely anybody else.
If people are saying some stuff, you want to hop in, definitely throw up a hand.
We'd love to kick it around here.
But Noah, how's it going, man?
Yeah, what up?
Do any of you guys have a Vitamix I do not I just got one it's amazing uh you basically can throw in anything that you want and it liquefies it I've
grown up with different blenders and this this is by far the best blender I've been I've put on so
much muscle just because I sit here all day.
You know what they say is like, you don't get big in the gym, you get big in the kitchen.
Problem was, I wasn't, I was working out, but I wasn't eating a lot. I wasn't eating
enough. And I got this Vitamix. It's just like make myself protein shakes all day. You
can throw in anything you want, strawberries, bananas strawberries bananas blueberries a few scoops of protein and um yeah you're off man you start your day off right
you can chop wood sponsored by vitamix you know what if vitamix wanted to sponsor me welcome to
the vitamix space everybody i would love to be sponsored by vitamix i always wanted one of these
man but they were always so expensive and i i of forgot about them. And then I looked at the prices recently and this one was $400
and I'm like, man, I think I've spent $400 on a shitcoin that's gone to zero at least
five or six times in the last few weeks. So, I mean, it's an exaggeration, but what's
$500 for Vitamix, right? So, yeah, I mean, this is good.
What was your original question?
What's the contract address for the Vitamix?
Yeah, like which smoothie you like the most or like which brand is the best.
That was my original question.
You actually read the note.
I like to do – what I've been doing is I have the protein powder I recommend.
It's called Orgain, sorry called Orgain plant-based protein. I like the vanilla flavor. For me, chocolate kind of overtakes the flavor of the fruit. I'm not crazy about it. My girlfriend loves chocolate, but I prefer vanilla.
I do bananas, some sort of berries, so blueberry or strawberry.
If I have both, I might throw both in there.
And obviously the protein powder scoops.
You do Greek yogurt.
You have to add Greek yogurt in there because, one, yogurt is so good for you,
and I don't usually eat yogurt.
So you do, like, I don't know, a cup of Greek yogurt,
or I think half a cup of Greek yogurt, which is about eight tablespoons.
And then you put in some honey.
I like this honey that I import from New Zealand.
It's called, well, I don't import it, but it's imported from New Zealand.
It's called monofluorol manuka honey from, it's raw manuka honey from New Zealand.
Put that in there.
Put some cinnamon in there.
Put some ice in there because i like the the icy
flavor or the icy texture and then you're off to the races man you just you hit that button and it
just liquid you know other blenders i've had in the past you get little chunks you get little
chunks of whatever you blend it up not with this man not with this this is just it's just like pure
liquid going right into your stomach. It's amazing.
Crypto, yeah, no, I mean, I just, you know,
I'm just, market's kind of chilling,
so I've been spending my money on other things
like this beautiful Vitamix that has helped me put on.
I've put on like five pounds of muscle
in the last week and a half.
I'm not even working out that much,
but it made me realize that I'm not ingesting enough protein. Even if I'm eating three meals a day, I'm just not putting enough protein
in my body. You can't, right? You don't have time or you don't have time to eat that many
meals. But this is just, I'm just making protein.
This seems to be the solution. This seems to be the solution for us who are spending
the majority of our time on my mind.
I would recommend everyone here get a Vitamix because, you know, guaranteed in the last year you spent $400.
I got the, like, you go to chat GPT, you ask it, what's the best overall Vitamix for a reasonable price?
Because they have some crazy ones.
There's one with, like, a touchscreen, Bluetooth.
It's over $1,000.
I think it's about $1,000.
I don't need all that i just need the og i need the tech the the blender the the blade is
proprietary or something like that um but anyway you guys have all spent money on stupid shit in
the last year like buying dog coins and ass coins and fart coins you might as well spend 400 bucks
get yourself a nice blender um and and get the protein in your diet.
It's really good.
I don't think that's a bad idea.
Lady Trader, I was going to say, have you been spending your money on anything in the real world,
or have you been focused mainly on the markets or anything you're paying attention to?
So I spent a lot of money early on this year on travels.
If you guys remember, i was gone all the time
and so i was traveling quite a bit um so that's because you know i kind of expected markets to
kind of slow down a little bit and so no i vitamix is a great blender by the way i agree with you 100
there it's a pretty awesome commercial um great and so i love that and you know one thing that i love about crypto pearls
i know we we are supposed to talk about the markets but we talk about so many things like
i can hear you chopping your fruit dude yeah i'm sorry he doesn't want me to talk today
um but basically you know we have we've had so many great topics that we've discussed here, right? From colleges are scammed to kiddos investing in Bitcoin to pretty much everything else.
And this is why I love CryptoPulse.
It's not, it's like a chill space, right?
It's not a formal, let's talk about the chart.
It's like so much fun.
It's like the, one of the most fun spaces that, that I'm a part of.
So thanks for keeping it that way, because there's just so much to life than like the one of the most fun spaces that that i'm a part of so thanks for
keeping it that way because there's just so much to life than just the charts right and it's we
are focusing on crypto of course but we are doing so much more at the same time so this is great
um i'm looking at the markets as well of course you know really happy to see the bullish price
action right now on bitcoin just waiting for it to create a new higher high. You
know, that's what I'm looking for just to confirm the bullish momentum. But yeah, you know, and I
agree with Noah, a lot of people, they don't have, you know, proper protein intake. That's one thing
that kind of kills you when you're not, when you're doing everything else and you're not putting on enough muscle muscle gain so i i really have uh you know i i'm also a believer that um you
actually gain muscle in the kitchen more so than anywhere else so i'm really happy to hear that
noah is taking care of his uh his health because health is wealth right you can't
you can't do everything when you can be super super wealthy but if you
don't have health then it's not going to get you anywhere um so yeah um also by the way in the
markets um it seems like we are kind of getting to that all season a little bit right that we've
been all sort of waiting for i'm seeing a big w pattern on the daily chart for Bitcoin, which does make me bullish.
So we'll just see the next few days.
Of course, this week, how the candle closes and then what happens early next week.
I'm glad that for the next 90 days, hopefully we will not have as much volatility as what
we've seen in the past with regards to the trade wars and all of that was happening.
So it's a nice little break for the next 90 days loving that yeah and i appreciate the perspective there
later trader definitely there are extra things you got to pay attention to when you're just
investing it can't just be research um actually i want to kick it over to jerry and then we got
a few other people on stage i want to hit as well but yeah i know you're doing i was gonna say i
want to hear from i want to hear more from jerry because this all this terror stuff has been um i just i don't like you
talk to one crowd and it's it's 4d chess you talk to another crowd and trump is a satan you talk to
like the middle crowd and they also think he's stupid and then he's playing checkers it's like a
like an 80 year old man playing checkers i what's's going on? I really need someone to explain this to me
because I've had so many different breakdowns
and I don't even know what's right or what's wrong.
Yeah, well, I won't try to pretend to get into the mind of the president
or even have any kind of particularly interesting insights
in kind of their political strategy on all this i mean what i will say is that um i think what's what's happening now like the the uncertainty here is certainly
going to last for a little while maybe a little bit of a pause here over the 90 days but um these
are some pretty dramatic policy changes right that the market is digesting. And as we know, like markets don't like uncertainty and there's a high level degree,
high level of uncertainty right now about, you know, of course, how these things are
going to be implemented and what the ultimate impact might be.
I mean, historically, right, tariffs are typically bad for consumers.
typically bad for consumers. And I know that the president's perspective is that his plan,
at least, will kind of help with manufacturing and help the average person in the US,
and that may be the case. But I think if you're looking at getting back to crypto and the impact
of crypto, Bitcoin, and I think we saw some of this this week even, I think its
sort of narrative as digital gold and potential hedge against the instability of the dollar and
instability of other currencies is something that is maybe getting a little bit more traction, which is why we didn't see it in the past. Like back in 2018, 2019, when Trump was carrying out different types of tariffs and talking
a lot about tariffs in particular, Bitcoin was really down, I think at some points, even
like 40% when the S&P and other equity markets were down less than half of that.
And we didn't see that kind of performance around this time, right?
And I think part of that has to do with the institutionalization of Bitcoin in particular
with the ETFs, right?
And you've got options on the ETFs now.
There's just a much more mature financial infrastructure built around Bitcoin now that
should help kind of protect it against
some of those crazy sort of drawdowns that we've seen in the past and maybe even like
smooth out the volatility of it over time. And I mean, the other thing that I think is important
to keep in mind regarding tariffs, you know, if they do end up kind of raising prices for consumers that is going to lead to
more embedded inflation right and in that type of environment people may start to lose a little bit
more trust in the dollar and other currencies oh yeah do you mind if I cut you off here I have a
question I have a question on that specifically
because it's something I was debating my uncle on
a couple of days ago.
When we talk about the prices of goods going up,
is it just technology?
Is it goods across the board?
Which goods specifically?
Yeah, so it's across the board,
obviously depending on what the tariffs are
being applied to.
And the problem isn't specifically, like, obviously, it will be a problem for businesses
that have to pay these.
But it's the fact that businesses have to pass these along, these costs on in the form
of prices, right? So, you know, whether that's electronics, cars, what have you,
those businesses are, you know, forced to pass those costs along to the consumers.
So, which is, you know, kind of the, probably the key argument against,
or one of the key arguments against tariffs, right?
Because ultimately it's the kind of individual that is hurt by these types of tariff wars
and trade wars.
So I think it's, you know, I don't want to like say that, oh, look, Bitcoin is going
to benefit from this because I think in the uncertain environment, it's a risk asset.
Other crypto assets are risk assets and, know they're gonna struggle however i do think that the
the narrative around bitcoin being a longer term store of value is starting to become much more
clear to people and you even have you know secretary of dissent talking about it very
recently this week um and and so i think all of those things that are kind of going on behind the scenes may help it perform uh less correlated to to the
then um than it has been in the past to uh to to like tech stocks and other kind of uh other risk
equities so i think there's we won't know the answer this this question. A lot of people talk about Bitcoin being a hedge over time, but you really need to have
that timeframe in place before you make that decision.
You can't really decide in the moment that it's a hedge or not.
You have to look back and say, oh yeah, here, it acted like a hedge during this particular
But I think there's enough, and not just in Bitcoin, like in the broader crypto ecosystem, like you look at what's going on with stablecoins and some of the other use cases for smart contracts and smart contract platforms. regulatory and public policy-oriented ones with the US government being so active on this stuff
now, that I think you could make the argument that crypto might be in a little bit of a better
position than some traditional equities going forward in this kind of parafford environment.
So that's something that we're just kind of watching. Again, it's hard to make predictions about how these things will perform, particularly
once you get beyond Bitcoin and the volatility of assets beyond Bitcoin is going to be more
significant in a risk-off environment.
But I think there's some strong points to be made around how crypto is different than
Let me just give one other example.
If you think about it, tariffs are essentially directed at physical goods.
We actually just wrote an article about this this week.
We were talking about smart contracts don't have to go through customs.
Bitcoin doesn't have to be shipped on a container right so it's because it exists in the digital
world is like a borderless um uh asset class broadly that um that might mean that it could
potentially be less affected by some of this uh the the trade war activity than some other asset classes. And again, that's something that
we won't really know right until after the fact. But I think it's kind of an interesting thing to
look at this sort of the digitalization that is going on within our economy, like crypto is at
the heart of that. And looking at things like Bitcoin and stable coins in particular, I think
those are kind of the two big ones in this space that have the potential to benefit stablecoins more from kind of the
de-dollarization move that's going on and the fact that there should be some regulatory
clarity around stablecoins in the coming months, or at least before the end of the year and some
legislation in Congress. So I think two two kind of groups of the
the broader crypto ecosystem are uh you know have the potential to to to do well right or at least
do uh not as terrible as some of the other asset classes in this uncertainty oh man yeah i was going gonna say the stablecoin conversation really blew up in the
last couple of months or so. Got to listen in a couple of really good podcasts as well and learn
about that industry. Because I think for a lot of people, that was probably like, not even on their
radar as something to pay attention to. They're like, Oh, yeah, that's the thing that's not doesn't
go up or down, you just put your money in a little bit, you can earn some interest and that was really the extent of 99 i i imagine of people's knowledge and also just interest uh but then it really
started to enter in when people were like oh my god like tether you know gets another another
billion dollars to inject it and then people were like wait what is the real what why do
why do you need this like what does this mean what does it mean when they get this much um
more into the market does that mean people are entering and they're they're looking to hold something in crypto and now they have access and now we can
track some of these things? It's a pretty interesting conversation and it's really
leveled up. I think a lot of people's expertise in the space. I appreciate you bringing that up,
Jerry, and a few other great points there. I'm sure there's a few other thoughts I could dive
into, but I saw a couple of hands jump up while you were speaking. I want to throw it over to
Prometheus. I saw he threw up one.
So Prometheus, good to have you up in the space, man.
What kind of things, what are you thinking about?
Hey, Kate, great to see you.
Noah and everyone, Lady Trader.
Yeah, this week in tariffs and incredible changes that have been taking place, generally speaking,
I think that Trump is playing a long game.
I'm not going to say 3D chess or anything like that.
He's just playing a long game.
You guys look at his first term, that first term brought in more manufacturing
jobs in the United States than almost any other presidency before him for the last,
I don't know, like since JFK basically. And so why is that? Why is it that tariffs have this net effect of manufacturing coming back to your soil.
And do we see any evidence of that this time?
You know, I'm sure you guys know about Taiwanese semiconductor,
the chip manufacturer, they provide chips for Tesla just almost everyone has like they they get their
chips from Taiwanese semiconductor so they're building out a facility I
believe in Arizona having invested a hundred billion into that region which
is significant okay that is going to create a great deal of jobs. And more importantly,
what Trump, Elon, and everybody else wants, it'll lead to technology transfer because now Tesla and
everybody else can work closer together. And also you have the threat of China essentially looming
and taking over Taiwan as we move inch towards a kinetic war step by step here in Europe.
They've issued, oh, have a preparatory bag for like three days.
I just want to slap the leaders here.
Honestly, there's such excuses for leadership.
They're sleepwalking us into a war with Russia and it's going to be, it's going to be ugly,
When shit hits the fan, like people thought Ukraine and Russia would never stir up.
And then it happened. People don't foresee actual kinetic war taking place in Europe again,
but you'd think they'd learn from the world wars and Napoleon and everything not to attack
Russia, but here we go. Same stupid egotism all over again. So, yeah, I just believe in this context, crypto is going to be, and especially Bitcoin is going to be a safe haven.
I agree with Jerry.
I've been listening to economists and, you know, different speakers around.
And my general understanding at this moment is that, you know, currencies, fiat currencies, as soon if a war scenario happens, the first
thing you're going to see is the printing press run again. So we're going to see more deflationary
behavior. You're also going to see supply chains affected. You know, China is not going to be
providing the same sorts, like, you know, the United states is relatively dependent on manufacturing from china so you know
if a kinetic war over taiwan or what have you were to pop up um it's it's going to definitely affect
supply chain so that's when smart contracts that's when um you know borderless payments
and our industry actually can provide some really meaningful solutions. You know, my team and I were working on something along those lines.
And so I think that we're actually the only industry in this crazy scenario
that's actually set to benefit from any additional chaos.
And there will be additional chaos.
I think generally speaking, you know, the first year or two,
we will probably see a bit of a recession,
if not a major one at some point, especially if they throw another curveball like COVID.
We've heard, what's his face, Fauci and Kru say, oh, it's going to be another pandemic
and it's going to be a respiratory one.
You know, with their freaking evil laughs. So, you know, they'll, they're gonna,
the deep state is desperate, folks. They tried to kill Trump. They failed. He's back in control.
He's in control of the most powerful military force in the world. And so we're seeing a battle
between giant forces. And I believe, generally speaking, Trump represents more the light force than the
dark. I don't agree with everything he does. I don't consider him the Messiah. That's for the
Lord Jesus Christ only. But I believe he's a good leader. And I believe that what we're coming into
now is an unprecedented time. It's difficult to predict. But I think our industry is set to do
very well. And I would love for us to work together because I think the more we work together,
the more we can solve problems on the fly as they arise.
And so, yeah, I'll land my thoughts there.
I'll just, I really liked that,
the kind of thinking around the fact that
the crypto might do better than other
industries i mean it's obviously we we uh it'll be a wait and see on that front but i do think
you know you mentioned some of the um the tailwinds and i think if you look at like just the
regulatory and public policy tailwinds alone that i i really don't think people are paying attention
to um you know a couple weeks ago we were were down in D.C. meeting with regulators and policymakers,
and we were at a conference that had 40 members of Congress in attendance,
20 digital chamber of commerce.
So it's a trade association that represents crypto companies.
And they had 40 members of Congress in attendance, 25 members of Congress speaking at the conference.
And, you know, in addition to kind of Lutnik and Basant and others that are very bullish on Bitcoin, the work that's going on at the regulatory agencies, you have the incoming SEC chair.
It was hearing a couple of weeks ago said the number one issue is digital assets regulation and kind of creating a framework for that.
an issue is digital assets regulation and kind of creating a framework for that.
The incoming CFTC chair used to be at A16, the crypto.
And so there's, you know, if you think about kind of personnel as policy, to borrow an
old term from kind of, you know, DC insiders like to say, but the personnel's policy basically
meaning that, you know, if you have these people in place and you know what their belief systems are then you have a pretty good
idea of what the policy is going to look like and that's kind of what's happening with with crypto
right now and that's not true for other industries right there's a lot of headwinds and um you know
whether it's semiconductors or any other industry right there's's a lot of uncertainty and headwinds that are going to
continue to make it more challenging for some of these sectors and companies to outperform.
And so I think it's, and I'm happy I can talk maybe a little bit more about stablecoins too,
because I think that's a really interesting case, but I don't want to ramble on here too long,
but I do think that crypto is uniquely positioned in this current environment
yeah definitely i want to throw it a late trade she's got a hand and then tropic then definitely
down to circle back to stable coins and if anyone else has any thoughts is that brooke whoever
definitely throw up a hand as well but later trader over to you yeah thank you when you guys
are talking about stable coins you know one trend that I'm looking at, and this was something that I was actually I've been talking about it for quite a few years now.
Basically, a concept of tracer coins. We do have stable coins right now.
We have but those are mostly centralized right in a very heavy capacity. people a little bit reluctant and market does want to see a few other options that may be
more of a low volatility, not backed by fiat kind of stability, right? And so I'm actually seeing
some companies doing some very innovative things with that. We had Cogito, which did Tracer coins in the past.
They are still working on that.
KWI network.
KWI is almost like, whenever I look at it,
it reminds me of early days of Casper.
And they are actually coming up with an energy dollar,
which is backed by energy cost, which
is a pretty interesting concept.
Definitely quite a bit
there to learn about that. But it actually makes me happy because we are going to see,
I think, a lot more in the market, a lot more options for low volatility coins that are not
as crazy, you know, as obviously our regular crypto, but more stable, more, you know, low volatility and allowing people to
basically be in the stable sector without increasing the centralization risk, because
these are fully decentralized assets that I'm talking about. And so that's going to be pretty
incredible. Kauai is actually a fully decentralized. I know Cogito, at least that's
what I was told, that it's not fully decentralized. So I'll have to read up on that a little bit.
But they basically, these kind of tracer coins and coins that are actually tracking a certain
sector that may not be very volatile could be a good option to look into as well. So,
you know, that's one thing I wanted to throw it out there. It's not going to be just fiat backed stability in crypto.
There's going to be other stable coins that are going to give us better exposure, I guess,
to, you know, proper risk management and stuff.
So, yeah, just wanted to throw it out there.
Okay. Wow. That's interesting.
Yeah, we're definitely going to go back to that one.
Yeah. Great points there, Lady Trader. want to open them up that further in a little bit
tropic i see your hands yeah a couple things uh uh we danced around a lot of topics but um earlier
when prometheus was saying something about uh like solutions won't have you that kind of struck a
chord with me in the sense that you know that's one of the more interesting areas within this
whole uh crypto sphere if you will that i find, I mean, it's fun to talk about values and trading and all these different things and so forth.
But like when you're actually finding solutions using this technology, that's not really the most sexy thing to talk about.
But I think it's really interesting. And with all this tariff stuff and trade wars and all this stuff,
where it ties in, in my opinion, is how businesses use this stuff.
And that also goes into the whole stablecoin thing.
Because if you are a service business, it's easy for you to accept Bitcoin.
It just makes so much sense.
Even some services that I started to offer, I'm like, to try to encourage it here locally, I'm like, I'll do 50% off on it if you pay me in Bitcoin,
encourage it here locally i'm like i'll do 50 off on it if you pay me in bitcoin simply because i
just know that there is no hard tangible cost as opposed to like say a grocery store per se right
so like when we're talking about all these different things and trying to find solutions
for businesses it's a lot harder when you have products now not to mention factoring in
the tariffs and variable prices and god knows where it's going to go next week once this thing ramps up again or whatever it is, it's paused for like 90 days, but whatever.
You know what I mean? It could just go anywhere.
So that is a little bit more difficult for a business to, I guess you'd say, stomach volatility in the sense that, let's say you're a grocery store, which is one of the places we're trying to set up, get this Bitcoin circular economy and stuff going here.
The margins are so small as it is.
So 5% volatility could absolutely wreck a grocery store's margins if they're being paid in, say, Bitcoin.
And that's the most stable one, the least volatile one.
least volatile one. So I just think that businesses that are working to solve these
problems, such as like the various wallets that are implementing stable sats and all that stuff,
which is, you know, just another conversation in itself, I think is really interesting to explore.
And that's what I've kind of been going down during this week. I don't know if you guys
really follow, like say like the Blink wallet, or it was the Bitcoin Beach wallet, how it was
rebranded into the Blink wallet. And uh there's various ones popping up and even here
locally in jamaica it's like a flash wallet which is built off of that technology um because a lot
of the times when we're having these conversations on land plane here we're talking about like store
value and uh trying to uh get our our hedge against inflation and all that stuff.
But like most places around the world,
you're just trying to find a simple solution to move money
because Cash App, PayPal, all those things don't work in the majority of regions.
And it's extremely difficult to just move things for people to pay goods
without hauling around cash.
Now, if you're in a country where the currency is so devalued that
you have to literally, you know, if you're going to the hardware store, you can't even fit that
amount of cash in your pockets, like quite literally, right? And if your debit card from
the major bank in the country only allows you when you calculate it out to US dollars to do $700
worth, then you have to rely on bank transfers. That's not going to be instant. So like little
problems like that, it's not really a sexy thing to talk about in CryptoPulse and all this stuff.
But I think going back to what Prometheus said, I just think it's just really interesting that
the companies that are working on these little things that it's really not sexy to talk about,
it's not going to blow up the timeline and anything of that nature, are getting some
traction. And when these downturns happen, when it's not as sexy and exciting, I think it gives
them the opportunity to scale because people build when there's a downturn and then they
scale when things are going crazy.
So I think those solutions are really going to get some highlighting in the next coming
weeks and such, especially if it's not a trader frenzy with everyone just being excited with
euphoria and all that stuff.
So that's just my thought on this whole thing
yeah yeah you said some interesting stuff that traffic i mean you guys know i'm like not on my
i'm not on wolf but on my personal um do a lot of stuff with near um near protocol and they were
originally an ai chain they're back to ai now but they pivoted for a few years and created a
blockchain it was started by Ilya and Alex.
And it was purely because they were doing their thing.
And then they realized it's like a pain to send money and really difficult.
It's not a great system at all to send money internationally.
And there's a bunch of just restrictions and issues they ran into.
And they were like, dude, we'll just build our own scalable, fast blockchain.
And so that's what they did.
And so that's some great points there, Trava.
Like there are a variety of reasons that crypto needs to exist.
I remember when I was deep in the NFT world in, like, 2021, and I saw everything capitulating.
And I was like, well, I feel like there's some really cool tech here and some really
great ideas.
I just don't know if this medium is how it's going to happen.
I don't know if these pictures are going to come back or not.
But I think some of those conversations that were started and some of the companies that were being built on that end of the spectrum, I was
pretty excited to see what happens. I couldn't tell you which ones were going to succeed, of
course, but I was like, the ideas are planted. And I think we can't take the genie out of the
bottle now. So yeah, great points there, Tropic. I saw Prometheus has a hand. I'll kick it back to
him and definitely Noah, Amp, you know, Jerry, if anyone else wants to jump in, definitely throw up a hand. So I know, unless there are hands and I just can't see them, but I only see Prometheus has a hand, I'll kick it back to him and definitely Noah, Amp, you know, Jerry, if anyone else wants to jump in, definitely throw up a hand.
So I know, unless there are hands and I just can't see them, but I only see Prometheus's, so I'll just go to him.
Cheers, Cade.
No, great points, Lady Trader, Jerry, Tropic, yourself as well, Cade.
Look, we have a choice at this moment that I think our forefathers
could only dream of. And that choice is to essentially create our own economy. And I think
that that's the key takeaway that I always remind myself when we're in the
hubaloo of, you know, what's up, what's down. That's almost secondary to me.
The fact is up till Bitcoin, it was only central banks that could print capital or print money.
And if you've done any research on that, you know how much of a Ponzi scheme that is. Why is it
that governments have to borrow money at debt?
Like just everybody just meditate on that and then you'll realize that the Fed is basically
the creature from Jekyll Island. I highly recommend that similar book. So, you know,
creating a decentralized nation, for example, that's my next challenge that I've given myself
over the next three to five years.
Cardano is already doing it. They've got their own constitution going.
You know, why can't we create dedicated crypt towns? That's a thesis statement that I'm working on throughout the world where, you know, we have total transparency on where the food is coming
from, making sure it doesn't have mRNA tech in it,
making sure it's actually food and edible. Just little things like that. All of that are the things that we can change right now. And we still have a time window. Like here in Europe,
they're about to, I think around October, they're probably going to launch the central banking currency of the euro. And that is just going to curb freedoms
at a whole other level. They've been denying it for two years. Oh, it's conspiracy theory.
You know, denying, denying, denying. And then what do you know? Oh, we've been working on it for
X amount of time. So like, this is just how they work. And so this is, we still have a time window now to, you know, get our act together
and essentially create our own independent systems for nation states, for our own economic zones.
I challenge everyone here to think in those sorts of terms and really take
the leadership role here and take the bull by the horns, so to speak. And I know Zet's
on stage as well, looking at his profile pic. But just literally, lead the charge, ladies
and gentlemen, and the men especially, please. Let's lead the frickin' charge. And, you know, as Buck Minister Fuller says,
and Alex Jones made me repeat this one quote three times on his show when I went there, he said,
Buck Minister Fuller's quote is, you never take the establishment head on, you build a new model
that makes the old model redundant. And I think that's what we're here to do, and I encourage
everyone here to go do it.
Let's get it.
I'm feeling hyped right now.
I'm feeling hyped.
This feels a little bit more intense than ImmuneCoin space or something like that.
Zed, I'm going to kick it over to you and see if you have any thoughts.
I haven't heard from you a little bit.
So it's Brooke, and then she's dropping us a hand.
Yeah, that's what you call a mic drop right there.
Thanks, Prometheus. Yeah, that's a little bit hard to follow but just absolutely love that take all around i think that it's uh really going back to
giving back us power you know like taking power back and and i just love that absolutely like
it will run through everything as a society. And I think that we're seeing the convergence of so many technologies right now, blockchain technology, AI, everything like that.
And we're going to see them kind of smashed together.
Obviously, it's happening at light speed already.
But I think that it's going to increase exponentially.
And, you know, it's going to change things fundamentally at a societal level.
So I think that's just such a great take
through and through. And we're here at the precipice, at the forefront of that, able to
kind of make some of these changes and be a part of that change. So I'm excited as always,
excited to be here and just so many great takes today. I absolutely love being a part of these
panels because these are the luminaries of the space, as I call them, the people that you really need to be listening to.
So, you know, I think that if you're not following everyone up here with no design and just following what they have to say, because it's just the best insights into the space, into the markets as a whole.
into the space, into the markets as a whole.
And I think that what we're seeing happen, you know, just across the globe,
but here in the States specifically has me really,
really excited because there's just a lot of big changes happening.
For example, DOJ changing, you know,
stating that they're no longer going to prosecute and look for regulation through prosecution,
you know, drop so many cases across the board.
And then just with everything we've talked about today.
So obviously incredibly bullish, incredibly excited.
So thanks so much.
Sorry, I'm kind of running around trying to take care of something.
But like I said, I've just been loving this conversation.
And real quick, want to shout out Lady Trader.
I'm sure Cade's about to drop this,
but want to make sure to shout out FOMO Hour.
That's going to be happening here.
So make sure you get over there and participate and listen in
because that's even more such great insight.
And that's the alpha as well.
So just wanted to make sure to shout out FOMO hour,
but thanks,
Absolutely.
And by the way,
I did pin that up at the top.
If you guys want to jump over that,
we'll be jumping over that one in a few minutes,
actually the top of the hour,
but later I want to kick it over to you.
If you have any thoughts,
so you unmuted,
I haven't heard from Brooklyn in a little while,
as well as Tropic,
if nowhere,
I'm going to jump in as well.
Definitely throw up hands.
I just don't see any hands. That my problem right now you can't see our hands
i can't you know i don't mind i know you had a hand some at one point but then it dropped down
well i went outside to i don't know my wi-fi cut out and then i was rugged and um no big deal
because like i literally i know we don't just have a minute. I see tropics hand up too. So, um, I'll just be quick.
And, um, I just feel, so I know I said this a couple of times last week, but I've been
out for like seven weeks.
I literally just started walking on my foot for the first time in seven weeks yesterday.
So like I have been down and out, like I totally MIA.
down and out. Like I totally MIA. It was a very major painful surgery. And so like I'm back,
Um, it was a very major painful surgery.
you know, listening. And just like Zet said, like, this is where we, we learn, like we're the
research people are. When we tell people do your own research, that's what this is. They are coming
to us to give them the research that, you know, give them the answers to the research. And
especially, you know, like I, I'm going to go listen to FOMO Hour every week now, because I feel like my brain is finally able
to absorb information. But I loved what was said earlier, I think it was Prometheus, just like
making old technology redundant. I love talking about technology history and crypto history,
because I do have a different perspective. I'm going to be 49 in May.
And so, you know, as much as like, you know, we don't need to talk about age, but it gives you
perspective of like, I was in college when, you know, I didn't have a cell phone until, you know,
till college. And like, it just wasn't readily available. And then I had a computer science,
intro to computer science class. And we remember this funny guy, you know, sort of jumping around the stage in this like giant auditorium at Northern Illinois saying like, just watch, like, just wait.
Technology is going to go so fast.
And we're like, bro, chill, you know, like, what are you talking about?
And then it just, I mean, exponentially.
And now we have computers in our, in our hands,
like what we just have to always remember that. Like, if it's only been 20 years since I've been
in, no, less than that 15 years since I, whatever it was 20 years that I've been in college,
uh, or since I was in college and we're this far ahead, just look at what we're going to do in five years. So, you know,
just keeping that in mind that, yeah,
that making the old redundant means that we have to disrupt the future.
Definitely. It's good to have you back as well, Brooke.
There's an interesting sound bit of Terrence McKenna talking about this and the exponential growth of technology relative to humans evolving.
It shows a straight line and then it kind of shows that tech line slowly diverging from the human line.
And then at once it just goes parabolic.
So if you thought, i'm i'm i'm
a millennial i think smack dab middle uh i think it's an interesting time to live brooke because
i don't think any era has been the same because you got to experience and i got to experience
life with no internet at all right sure you had the internet back in the late 80s, but for the most part, internet
available to the masses, internet, you know, today was not readily available. And so we
experienced life with no cell phones, no internet. And then all of a sudden we had 56k. And then next
thing you know, we have DSL and cable. And next thing you know, there's Wi-Fi.
And next thing you know, you got smartphones. It's really democratized and distributed this
technology. And the differentiator is that it was our formative years. That's the differentiator.
Like, yeah, my son didn't grow up with an iPad in his hand and he's 20. But for me and for elder
millennials, sorry, Tropic,
I love to always point this out, but it was our formative years. It was high school for me. It
was college for me. You know, high school, I was taking typing, like literally just typing. I mean,
obviously I'm a computer, not a typewriter, but like that's the kind of thing that I learned in high school as a teenager coming up in the world.
Right, exactly. I didn't have a, I guess I got internet when I was in, I experienced it for the
first time in third grade, but then it wasn't, the first online games, and I call those the first
metaverses and social media platforms, the first online games I started playing, I think, in eighth grade or seventh grade, Diablo.
And then by ninth or tenth grade, World of Warcraft had come out and you had Eve Online.
And anyway, I'm not trying to go on this tangent.
What I'm trying to say is that if you thought that the previous 20 years, so I guess, let me think.
Well, let's say previous 30 years, because I can,
I can remember back to 95, barely. And I can remember when the internet first became available
to me in my household, it was 96 or 97. So if I think about that period until now, 30 years,
if you thought that was insane, because it really wasn't insane, human beings have not experienced
anything like that in any point in history. The information age is unlike any other that human beings have experienced
and lived through. Then the next 30 years, based on that theory, I don't think it's much of a
theory anymore, but based on the trend, I don't even think that we're going to be able to, we can
wrap our heads around how insane it's going to be. It's a little scary, I think, too, right?
Because you don't really know what that entails and what's going to happen.
But, yeah, the last 30 years have been nothing compared to what's coming up.
And I hope it's good.
Yeah, Tropic, I see your hand.
We're going to wrap up here in just a minute.
But I want to go to Tropic here for a final take.
Jerry, if you have any last thoughts, then we'll jump over to Lady Trader Space.
Yeah, I'll just make it quick. You know, she said earlier, Brooke was saying that she was
injured and so forth, but I just wanted to say really quick tying into that, you know,
save my other take for another day, but there's a saying that says a healthy man wants a million
things, but a sick man only wants one thing and as someone who has gone through
different periods of life where i've been in pain uh i can definitely say the only thing you focus
on is feeling better so a lot of times we like to focus on charts and crypto and tech and all this
cool stuff and fighting the system and all that but at the end of the day uh live life and uh enjoy
it one another and so forth i think it's so important and one of the cool things we like
about these crypto pulses.
Just going all over the place.
And just realizing that behind all the tech.
And all the numbers and everything.
There are people.
And that's just important to take all that into consideration.
I just landed playing there.
And it's been great.
Love hanging out with you guys.
And it's been fun.
Hell yeah man.
Yeah great point there.
Let me throw it over to Jerry for a final take here.
He's got any final thoughts. If he wants to yeah before we wrap no i'd love love the the conversation
um from crypto to to uh smoothie recipes so walking away here feeling like i i definitely
learned something and uh if uh you guys are interested if you go to our website hashtags.com
uh we've got a great research page under insights.
Just help you kind of get a grasp on some of the things that are going on in the markets and kind of how our experts are viewing the investment case for crypto over the long term.
All right, guys.
Well, listen, appreciate you.
It's been a great CryptoPulse space.
Another Friday down in the books.
But don't turn off your brains because the weekend only brings more chaos.
So prepare for it.
We'll catch you guys on the next one.
Pinned up at the top is Lady Trader Space, by the way.
I'm going to jump over to that.
A lot of people in CryptoPulse usually just jump over to that space and continue the conversation on over there.
Pinned up at the top.
If you guys want to check that one out, we'll see you there in like 30 seconds.
Take care.