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HBAR Open Mic! 🎙️🟢
Recorded: Jan. 8, 2026 Duration: 0:55:19Space Recording
Short Summary
In a dynamic discussion, participants explored the volatility of the Hedera ecosystem, highlighting trends and growth potential in the crypto market. The conversation also touched on the strategic partnerships forming around tokenizing physical assets and the anticipated impact of new financial products on institutional investment.
Full Transcription
Thank you. you See what? Thank you. so
so I'm going to go to the next episode of the Thank you. . Hello?
Hello?
Hello?
Yeah, I was wondering if it was me
rugging again, because...
I was saying, but I was like,
oh, man.
You're loud and clear.
So we do hear each other.
It's just that, I think,
because Neil, he started the space
today, guys, but he couldn't be here because of some family each other it's just that um i think because news he started the space today guys but uh
he couldn't be here because of some family uh things uh so it's it's up to us uh again uh
ecua we have the space again so how do we usually do the intro then like retweet share love
yeah and you guys had to spin up a new one, right? So it's probably even more important today to get the word out that we started a new link.
A new what, sorry?
Oh, new link.
Oh, yeah, yeah, yeah.
So that's true.
Thank you, Brandon.
So because we had some issues connecting, well, not me, but Manu,u and new house he started the space
but because of this we started a little bit late so everyone in this base love
share like so that we get some people in the space because people might not I
well I see it filling up already so thank you Brandon so yeah give it give
us some loves give us some likes and welcome to the first Kabila space for the new year.
So as I said, Manu would have been here, but something went wrong there.
He couldn't connect, so not really his fault.
So it's up to Egwa, who now is rugging as well.
He's back again.
Egwa and me to do this space. But let's,
we'll get Egwa back in.
And before
we go to Egwa, maybe
Brandon wants to do some intro
here and some first words as well. And I'll
get Egwa
back in while you
do your thing, Brandon.
What's on your mind today? I'll get Egwa
in. I got it. I got it. Yeah, there's all kinds of stuff going on in the Hedera ecosystem.
Definitely the big thing that happened this week was the announcement around a significant paring back of the Hedera Foundation.
It sounds like they've pretty much come down to just a skeleton crew on there to facilitate a few initiatives that they
have and then manage the grants. Of course, there's not going to be any change to the Hedera
Council. There's not going to be any change to Hashgraph. And Hashgraph is going to be
taking on a lot of the things that the Hedera Foundation was doing before.
So essentially, it's a consolidation.
Now that we don't need as much decentralization because of the regulatory environment,
especially here in the United States, they are able to pretty much consolidate those efforts.
And you don't have to have as much redundancy, so you don't have to have an HR person for every single one of these entities or
whatever it is. You don't have to have redundancy in those positions. So that's certainly, I think,
a good thing. Certainly, people might think it's an issue because I think there could be less focus
on retail and things like that, but who knows how things are going to shake out. I'm not too
worried about it. I think we're in pretty good shape. Beside that, I have a couple of really good interviews coming out tomorrow.
One is with Zonix, who is tokenizing securities, and they're doing a lot of really interesting
stuff. And then I have one of the board members of the Hedera Council, Duncan Moyer. I think you
guys are pretty familiar with what he does, but he is the president of 21 Shares. I have him coming on as well. We now at SaucerSwap have both of our apps
live in the Apple App Store, iOS App Store, and the Google Play Store. So even though we're still
technically, we'll say it's in beta, it's really no difference. It's the production version that,
you know, you can just get in the regular app stores. So I'm going to be talking about that tomorrow and then a few other topics, of course.
But is that enough time?
Oh, man, I need to make notes now.
And I see Joey, my buddy Joey, in the audience as well.
I'm going to get back to you, Joey,
or you'll probably jump in on these discussions
because I think this is something for you as well.
I see that EquoAppSyx has some issues connecting
because with me,
it still shows this connecting error thingy. So if not, he'll jump in anytime. It does say
requests here, but requests didn't work for me for a long time. So, and it's not showing any,
no, I can't. So Equa, if you can hear us, just please jump off again and jump on again. But I did want to ask you more about these two subjects that you were saying, also about SourcesSwap. So remind me, please, if I forget. and to me initially I thought okay so but English is not my native language and it's all difficult
wording so later I threw it into AI and said come on do it in normal language and I understood it
but to me it sounded more like okay we're gonna of course we're gonna honor all the the grants
that have been given out and are still rolling out but it sounded sounded to me like then slowly we're going to end
the whole foundation stuff because it did the thing that it needed to do,
get some new projects on, and now we don't really need it anymore.
So this is not me being negative, maybe playing the devil's advocate to see
how you view that but that's how it feels to me is that what you just said as well because you
also use fancy language or do you think no no they're gonna stay around but just like a very
minimum team i think i mean you can't get everything from the press release, right?
You don't know exactly what, you know, the idea is there.
But from what I can gather, having just various discussions within the ecosystem, it does sound like it's a wind down. Now, I don't know when the conclusion of that would be,
probably long enough to fulfill all the milestones for the grants that are currently in place.
But yeah, my thought process there was this might have been when the changes were made last year.
This may have always been the plan for Charles to come in,
make the infrastructure changes,
and correct some of the things that he thought was an issue,
things like on and off ramps for USDC.
That was certainly critical, what we saw with Binance and Crypto.com.
And some of the integrations with Axelar and Layer Zero for interoperability,
address some of those things. And then, yeah, this might have been the plan from the very
beginning. But probably they couldn't have known that this kind of thing would be possible
until more recently as far as more consolidation and we'll say centralization
in the organization that's kind of operating around Hedera,
around Hashgraph.
So, yeah, I'll leave it there.
That was a great explanation.
I got more out of that in the first part.
You said thank you so much.
But, you know, I'm here to ask the dumb questions
so that everyone who's not Web3 also understands what the space is about.
So Joey and I spoke about it as well.
Joey, if you want to pitch in, I do see that Ekwa is here as a speaker now as well.
I'm going to get to you because I guess that's Ekwa from Psyche
because Psyche is still connecting.
So, okay, before we jump to Joey, Ekwa, is that you?
No, I don't know who you're talking about,
bro.
Now I'm confused.
This is another voice.
Okay,
I'm going to skip you, man. Joey,
welcome to the space. Let's get
back to Agua later when he's
not fooling me.
Joey, want to do an intro?
Well, I was going to ask on the other side of what you were saying for your interview,
Brandon, are Zonic, I don't know if I'm saying it right, Zonic, is that correct?
I believe it's Zonics.
Zonics.
Are they doing the same thing as Swarm?
Not exactly.
So Swarm is making some securities DeFi ready, so they become bearer assets.
It seems like from the conversation with Zonix that they are doing the tokenization more in a, you know,
walled garden approach to remain compliant.
A lot of these things, who knows what the compliance is going to look like.
I will say that Zonix is doing the real estate with StegX.
I did learn that they are involved with the Georgia stuff as well. So that was something
that I was not aware of. Now, we don't get into that too deeply because he wasn't quite prepared
to get into it too deeply in the interview. It's more of a higher level thing. And then they're
also involved with the energy funds. The benefit from Zonix is they have a lot of connections with the demand side.
So they have big banks and connections with big banks for entities that are going to want to participate in these markets.
So having access to some of these securities to be able to trade them maybe 24-7, things along those lines.
Certainly good for the Hedera ecosystem.
We have the infrastructure and supply set up for the carbon credits.
But do we have the demand side of things set up?
I don't think we have as much of that.
We heard about Alcott pledging 500 million tons of carbon credits to the Hedera refi ecosystem.
But do we have the buyers on the other side of that?
That's what Zonix can supply because they have really good connections on that front.
Nice. That's good. Thank you.
Joey, no intro from you. What's up on your side?
Or am I putting you on the spot here?
On the spot, but intro from you. What's up on your side? Or am I putting you on the spot here? On the spot, but it's fine. I'm back from all the holiday travel. I'm getting rolling in the New Year's.
It's 73 degrees Fahrenheit here, so sun's out. It's probably going to be the warmest day for the next couple of months.
going to be the warmest day for the next couple of months so I'm about to get out and enjoy this.
I was actually going to start my walk and then the space didn't start so I sat down until
I got it started. Now I have to figure out how to get off wi-fi, get back in the space
and start my walk so I might have to wait until it's over. But I'm definitely getting outside today for at least an hour or two.
As far as what else is going on,
we are competing with some other spaces right now, but that's fine.
On the Hedera front, it's been quite a roller coaster. If you stay on CT enough, you see that
a couple days ago, we were well on the way to all-time highs, and today we're well on the way
back down to dormant state, and probably tomorrow we'll be well on the way to all-time highs. So this is a roller coaster.
Nobody quite knows what 2026 is going to bring.
There's multiple opinions.
Just kind of keep your wits about you, everybody, and hang in tight.
If you do TA and read charts, come up and give us some ideas that you have.
But I don't take much as gospel right now.
It's just me trying to add more and add more and not worry about it.
You see all the good things.
Brandon always brings great information on what's coming and his interviews.
And you get a lot of great insight for that.
And we've got the restructuring, but don't forget we're less than, well, let's see,
five months from Hederacon in Miami.
I'm doing my best to get there.
My family vacation starts on May the 5th. On the other side
of the state, doing a family vacation with family. My dad said that we've never gone on a family
vacation together as a whole, literally including when we were all little kids. So this will be the
first one ever. So I can't be late for it but i also need to figure
out how to get to miami for a couple of days is that enough patrick you want some more tell us
a little bit about her no you did great you did great you're filling up space greatly thank you
because for all the people who are just joining in so manu was supposed to do this space
and i was put on the spot because aqua aquaed. I do think we have Agua on now.
If I see the icon, the profile picture that he has, this is Agua.
But he was doing another voice.
So I was like, okay, is this Agua?
Agua, you are Agua.
Come on, do your intro.
Welcome.
What's new on your end?
Hey, Patrick.
What's good?
Joe, Brandon.
John joined us up here as well.
Yeah, it's a great Thursday evening over here. I'm feeling good good to be here
Missing the Kabila boys today. We don't have new or we don't have Manu
I take care of the ship so as you all know
The waves are crazy over here and me and Patrick can take this ship to any freaking remote mysterious island
And y'all y'all are gonna come with us
So let's freaking go. We're gonna have fun today for sure though
Shout out to all the people in the room as well. Rebecca, Paigey, Gawky here. Yo, three queens of H-Bar in a row
We got Raffal in here as well, Honkbot, Alien, Coach Pat
Yo, I see Man and harbin down there who's
actually man's his brother uh lovely to see you here um hove uh rondo and brandon bloom
hell yeah let's go happy thursday all let's make the most out of it it's actually the hbar open
mic because kabila can't stop us so go go ahead, come through, speak your thoughts and let's have fun.
Go HBAR.
You see, you can see that you do more spaces than I do.
You know, you give love everywhere.
I see all these hearts when you speak and people love you.
Okay, but I'm taking over any regardless because I want to go to Brandon first,
but I also see Jordan as a speaker.
So Jordan, I'm going to get to you as well because you requested.
But I wanted to get back to Brandon and Sourceswap because I also indeed saw that message about, am I right?
So you spoke about being on the App Store now.
It's a wallet, right?
So this is something like Hashpack.
I'm not being dumb here, right?
Well, it has to be a wallet to interface with the platform,
but it's specifically designed for interfacing with SaucerSwap.
So where Hashpack is designed to be the Swiss Army knife,
being able to interact with everything that we have out there,
SaucerSwap, the app, is designed just to work with the D5, the SaucerSwap ecosystem.
And what has changed is when you're doing testing for Google, for Android, essentially you're still going into the App Store and it becomes a live app.
You compare that to how it works on iOS.
For iOS, you can use TestFlight.
So you're just purely testing it beforehand.
The thing that's changed is now you can actually get,
you can call it the wallet or the app,
the SaucerSwap app in the iOS app store.
So that's the main thing that's changed.
So it's the production version, essentially.
You can still consider it, you know, in beta.
We're still testing out.
We still want feedback, all that kind of fun stuff.
But, you know, it's in both of the main app stores there.
Yeah, we'll leave it there.
Well, it's good to hear, but it is serious competition for Kabila and Blade and Hashpad Pack, of course, because Saucerswap does have a large user base.
People use it a lot.
So my guess is it is going to be used a lot.
But that's okay because that's how the system works, right?
But just for interfacing with Saucerswap,
if you want that Swiss Army knife wallet
to be able to interface with all the cool stuff
that we have in the Hedera ecosystem,
then you're going to want one of those other wallets.
So there's no question about that.
But it would have been, from a business standpoint,
it would have been remiss of SaucerSwap not to pursue this.
If you look at all of the other big decentralized exchanges out there,
they all have apps.
So for us not to pursue that would have been um dereliction of the business
duties as far as the the saucer swap team i totally agree but it would also be a mischance
if you don't upgrade to being not a swiss army knife but to be able to connect with everything
as well i mean i i can't imagine you guys will have a wallet. So this is not me putting you on the spot, just me being the dumb guy.
Of course, you're going to expand and have a bit more multifunctionality,
like for Earthlings to connect with SaucerSwap wallet as well, for instance, right?
From the conversations I've had with the SaucerSwap team, that's not the goal.
We want to focus on being the best decks in the ecosystem and adding new assets, having the best liquidity for all the assets, and allowing people the best interface with our application or with our decks, which to have that, you have to have the app.
But as far as being a multipurpose wallet, it's not in the roadmap right now. No, not at all
Yeah, we'll see in six months, but I
Either way is fine with me. I've got love for all these wallets, of course
So let's go to to Jordan Jordan you requested to be speaker. What's up?
Yo guys. Yeah, thanks so much Brandon for the heads up on the wallet. I actually just downloaded that. I'm going to have to check that out. I was actually just waiting until it was out of TestFlight. And on the main app store, just, you know, I sometimes I'll test things out, but I kind of just wanted to wait on this one. And now that's a great announcement. I'd love to hear it.
I also just wanted to come up and earlier this morning, I was in copying crypto with Stone.
I'm not sure, Patrick, if you've had the chance to meet him yet.
I know Joe and Ekwa, I think you guys have met Stone though, right?
Yeah, absolutely.
Nice. Yeah, it's basically, it's two hours before this space.
They have it Monday through Friday at 9 a.m. Eastern. And every Thursday is an HBAR space. So all Hedera projects are more than welcome. And it's a very, very warm welcome that you get there.
you to everybody that you'd basically need to know for whatever you'd like to explore on xrp ledger
um and i've been exploring there for the last like two or three months or so
and really been enjoying it uh community has been very welcoming uh and it's very similar to hedera
really in terms of um people's like mentality psychology i guess if you will um how it relates
to trading how it relates to community building,
and just the list goes on and on and on. And I'm sure everybody's kind of just been noticing kind
of that cross-chain pollination, and it's been escalating a lot. And now like DJing hours every
day, or not every day, every week has an HBAR space on Wednesdays, and now Copy and Fripto has a space
on Thursdays. So it's really an opportunity opportunity so i just wanted to invite every project that's listening everybody
who's a founder you know tune in to copying crypto tune to dj and hours uh grab a mic
introduce yourselves because i think this is just the very beginning and like the tip of
an iceberg basically in terms of what i think might be happening this year and um just wanted to
extend that invite to everybody last night on DJ and ours um Hedera Wednesday they call it Barmy
Army um it was the first space that the three founders of uh Dead Pix ghost club were ever on a space together that wasn't like a discord
call it was the first time they'd ever been in a space together and we talked for i guess what
like 30 minutes in jordan um we we got had all of them, and for an hour and a half, they just talked and cut up and made
fun of each other, and it was an epic space. But TGen Hours, they've triggered some sellouts on HBAR NFTs that our own community couldn't do. They triggered major runs on the Forever Mint on Kabila and Syntex.
These guys push HBAR harder than a lot of our own community members do.
They're not jaded and fed up.
They've been around.
They've been around since the last run.
They've been part of major rug projects on Hedera, but they didn't quit.
They understand it's part of the deal.
And I think they've been doing a space for two hours every night for over 450 days now.
So you talk about commitment and just a fun group to be around.
And then Stones is a relaxed morning coffee group.
Really, really nice people.
Also, on Mondays at noon Eastern, Wolf Crypto does a Hedera Spotlight with NatNat and Ken Anderson and myself, and then other people will pop in.
So there's a lot of great spaces.
Obviously, you know, EQUA's Die Hard every day here or 11 a.m. Eastern running shows.
So there's always information.
There's always people to talk to.
All these different spaces have a unique dynamic.
And then I think what we fail to do, that we do here a pretty good job in a lot of these
other spaces, you get sources of information like Brandon, or we'll have, you know, a lot of these things tend to
just be fun and maybe hear about a new project, but Hedera, XRP, these two, in my mind, are like
setting up for the future of activity, and it's fun to do retail degen stuff, but when you talk about actual use cases, I think we're going to see so many.
These positive talks about what's going on and what's coming, and not just Brandon telling us who he's interviewing,
but really to deep dive into a lot of these things.
Sometimes it can be overwhelming, but it's really good to know. And it gives me more hope than ever about the future of some of the brands that we've been waiting since last cycle to take off.
Joey, wasn't there someone who was making an agenda of all these spaces on Hedera and XRP?
Yeah, it looks like they didn't get any traction
and they just kind of uh quit on it yeah that's sad because well at least if you guys follow
jordan because then you know when he's in the space it pops up on your on your phone if you
the more people you follow the more notifications you get you don't have to look for all these
spaces and jordan if you want um then just then just put the link to one of these spaces
or something else in the Jumbotron on top.
Then everyone can find it as well.
I don't know if you already have a link
for the upcoming space.
Let me see, Joe.
Have you seen if Cesar Buva has posted the DJN hours?
Yeah, I think Cesar.
Cesar, I'll find it.
Cesar put one up a bit ago.
Ali's question was
what does it take for a billion
dollar meme token?
We had a talk about this the other
night too and
it takes a lot more than people think it does.
It doesn't take just some
followers hotline it takes a ton
followers huddling.
It takes a ton.
then if I was to pitch in on what you said you're one cool thing about the
age bar XRP ecosystem is that
you're in and out really bad we can we can hardly hear you a question maybe
um get better connection so it's a you are seeing we are seeing you as a speaker here so it's not
like you don't have a connection but we we only heard like two or three words can you hear me now
yeah yes
but now you're going again Yeah. Yes. And now.
Now you're going again.
Wait, I'm going to circle back.
Yeah, yeah.
Well, actually, we did hear that.
I'm going to circle back.
So, yeah, so he jumped off.
Well, if he jumps on again, let's see if he requests,
then let's see if we can make it happen again.
Anyway, so, yeah, I wanted to touch back on what Joey said about the markets.
I think you spoke about that.
Because Joey and I, we really are of different opinions about 2026, I think.
But usually, guys, I'm usually wrong.
So that gives a lot of hope for what's to happen in 2026, I think. But usually, guys, I'm usually wrong. So that gives a lot of hope for what's to happen in 2026.
This is always a popular subject.
So Joey thinks we ain't seen nothing yet.
We're still going to see all these markets go up.
So this is always something where people pitch in.
And I love to hear everyone's response.
Joey, you go first.
I think we're in for some more pain.
I think there will be possibly another October event.
I think we're going to have a major downside,
but then I think we'll have some pickup,
like we saw maybe last.
I say last.
Time flies.
I was saying last December for a whole year
when we saw a nice run up and we saw XRP and HBAR
kind of make a run on their own,
maybe a couple of other brands ran,
but they ran exclusive of a lot of the other
Trendy, DGEN chains, and I think
we'll see that again. I think we'll get some
activity going with some possible real world, and Brandon can maybe
speak to that or have some insight into that, but that's just my
opinion. I don't read the charts. I just kind of look at the
geopolitical landscape, the social
landscape, the sentiment. Right now, we're still in a big fear. And I kind of like it when we're
in fear. It allows me to make moves and do things. But we'll get some greed. And then I think we'll
get a sell-off. And then I think things will move positively.
Don't know.
I thought we'd have some movement at the very end of the year.
But a lot of things couldn't be predicted like the government shutdown.
And if we have another one of those, it's just going to delay things more.
But I don't think we're into the bear where we're just going to sit around
for a couple of years. Wait, you can't predict the the government shutdown isn't that like a reoccurring thing
so isn't it predictable like for you no i mean you know there was a long lag between the one we just
had in the previous one um so you know it it could be we don't know um there's still a chance for another one but
nobody knows until it happens ekwa's back yeah he's raising his hand go go uh let's see
one two three yes four five six okay let's go yo before i forget first of all on the spaces thing
right shout out to the xrp and hbar community because most of the spaces
are super super consistent they happen at the same time same days same days of the week so it's really
easy to track if you're in the loop you're in the loop and you know that these spaces they run like
clockwork especially on xrp because they're relentless and they almost go 24-7. So hats off to all the people who come to speak, who come to listen, who host.
It's just an amazing ecosystem, amazing thing altogether.
On the topic of the market, I'd like to say one thing.
Over the last two or three days, I've seen a hell of a lot of HBAR bullposting going on, you know, like a lot of people are cooking up nice content and really
Coming through for HBAR really showing the strength and kind of foreshadowing what it could do in 2026
And it's just awesome to see and a lot of us have been doing it for years
Like Brandon over here has been bullposting HBAR for years now and it deserves every bit of it
right because Hedera is actually blowing minds with whatever it is doing and they're consistent
with it as well so yeah every year seems like it's going to be the year for Hedera and 2026
is right on track it feels like it's going to be the year for Hedera, you know. So, yeah, I freaking love it.
I can't read the charts either.
Like, I cannot predict if we're going to go up to all-time highs now
or we should just pack our bags for another year or two.
I don't really know that.
My gut feeling says that the cycle ain't over.
Like, we haven't had a blow off top.
We haven't had the most impressive all season.
We haven't had any of that so this
cycle definitely feels a little bit different i expect another bullish season of like at least
two to three months but i'm no financial advisor and i'm no expert but that's just a gut feeling
based on instinct but yeah but always exciting to be here in crypto because there's always something happening, you know.
Well, I want to add something to that as well.
I'm also no financial advisor, but you can count on it.
That will always go the other way than what I think.
So maybe it is advice.
But so there's all these charts with gold and stuff.
Gold, silver exploding month after month.
And usually in the past, Bitcoin followed after that.
So money cycles.
And there's some other kind of stuff going on there.
So if you look at things like that,
and there's also this top 30 Bitcoin top indicator,
which I have no clue of what it entails,
but I see it everywhere.
None of those 30 hits the marks yet.
So is Joey right?
Yeah, who knows?
But it is a manipulated market anyway.
We all know that, of course.
But yeah, so what about that gold or joey doing so
well is bitcoin gonna follow still or is it just hopium no joey knows it's not hopium but i know
it is hopium so who's right i didn't say nobody knows battery no No, I know. I know. But I want to hear a prophecy anyway,
regardless.
Let's make it interesting.
We'll throw you in front of the person.
Here's the,
here's the real question.
Like when we,
when we get the run,
the next one,
whether it's this year,
next year,
three years from now,
is the narrative going to change?
Is the narrative going to move?
Is it going to move back
to um is it going to move back to memes um on some insane level um is it gonna is there going
to be another uh pfp pfp run I mean, that's the real question.
Like, you know, people say that NFTs are dead, but everything's going to be tokenized.
So in a sense, we'll have more NFTs than we ever dreamt of having.
Memes, what do they do for an ecosystem?
for an ecosystem, can they drive something like Hedera or XRP? Or is that better left to
places like Solana? Can we get a mentality shift from the people who have their XRP and Hedera
packed away on exchanges or locked away in a safe deposit box and they don't touch it and they don't
buy hts tokens or will that mentality change and the memes on hedera can can actually do something
in and create an environment i have opinions on this but i like to hear other people's more than
my own brandon wants to pitch in, I think.
Yeah, well, first, I have to say that this isn't the opinion of Saucer Suave.
I'm just speaking personally, and of course, none of it's financial advice. But yeah, as far as what you're saying there, Joe, the cycles, these markets move in cycles,
right?
There's always going to be the flow of capital from one corner of the ecosystem to
another corner of the ecosystem. And there's going to be those momentum traders that are
going to go from one thing to another. A little over a year ago, it was the tokens that were
utility-based and the ones that were in the United States. The HBAR got a great run out of that from,
I think, the October lows of last year was at 3.8 cents, and it ran up to over 40, over a 10x here in just a couple months.
So do I think Hedera is going to enjoy those in the future?
Absolutely.
Do I think that HTS tokens have plenty of potential?
Absolutely. And it comes down to the reason why I think there's going to be runs that continue in the Hedera HTS space is because of the teams that are behind these.
I mean, the Earthlings out there, the Saucer Swaps out there, just go down the line.
There's so many talented teams and they are going to come up with new innovations that catch attention.
We saw the same thing in the NFT space, right?
We saw an innovation from a team that had been around forever in the Hedera space.
And all of a sudden, it's one of the most popular NFTs that are out there with the dead pixels.
And I think we're going to continue to see that.
From a more macro standpoint, you know, talking to Duncan yesterday,
they're positive on the space as a
whole. They see a lot of drivers that are positive, whether it's the regulation, whether it's the
embracing of ETFs and new types of ETFs that are going to come out that are going to allow
sovereign wealth funds and endowments and pension funds to get more involved in this space.
So there's a lot of positives there. In the short term, I see the arguments on both sides.
I see the argument certainly that people just believing in the four-year cycle and then it
becomes a self-fulfilling prophecy. The market is done. The time to get out is November, December, whatever it is. And they're just not going to want to move back in. I can also easily see that
we've seen in risk assets in general, stocks and so forth, precious metals have moved significantly
over the past year. And if equities and other risk assets take a break and have a correction, we could certainly see crypto follow along with that.
That said, we've heard over and over again by entities like Raoul Pal that it's not a four-year cycle.
It's actually driven by liquidity.
And if you take a look at what's happening with the Federal Reserve balance sheet, and that's a good proxy for – well, it is.
It's money printing.
So as their balance sheet increases, that's them buying assets and putting that cash into the market.
If you look at what has happened, we were in QT.
We were destroying money over the past few years.
And despite that, crypto did fairly well. And the
reason for that, I think, is because of the regulatory environment, the shift in the
administration and so forth. But we went from destroying money on that level to creating money,
and it has gone vertical. I'm waiting. Usually late in the day on Thursday is when that gets updated. But they are printing a
lot of money. And going back to Lynn Alden, nothing stops this train. Monetary debasement,
the amount of debt that's in the system, that's just going to be a tailwind for anything that
those governments can't print. And that certainly includes crypto. Of course, crypto has its own
monetary policies for every single crypto that's out there. But it's not tied to that 80-year debt
cycle that we're looking at, I think, coming to a conclusion over the next 20 years. But don't
underestimate their ability to kick the can down the road. Other positive things that are coming, even more so on the
monetary side, we could potentially be getting a more dovish Fed president here going into later
or getting announced. But by the time that starts to have an impact, it'll probably be some things
like that. And then the midterms, they're certainly going to want things to be moving in the right
direction for that. So you could see more government spending and so forth um i know i've been rambling
for a while so i'm just gonna stop there no we love people rambling then i'm not the only one
so so go ahead please joey i see you on you think um didn't wyoming start their uh test net
on their stable coin yesterday with the dera being one of the testnets.
Is that wrong?
I saw that, the Frontier stablecoin.
I saw something about that, but I didn't look really closely at it or check to see,
even though that Hedera is one of the networks that they can mint on,
if they have actually minted any on Hedera.
So I'm not sure yet.
Yeah, I just saw Kim Chi post something.
And by the way,
if you guys don't have your notifications on for Kim Chi,
he's a great one.
He's in touch with the ecosystem as a whole,
but gets a lot of great information to Korea,
South Korea and Asia.
So he's a great representative of Hedera and HBAR.
Another thing that changed and something that Brandon said reminded me of that.
I do hear a lot of people saying, actually jumping ship when it comes to fiat money.
They don't want to have money on the bank anymore.
So, for instance, a friend of mine who sold his house had a lot of money left.
He's not leaving it on the bank, but he's buying land, property and stuff like that.
Do you guys think, and I don't know if you need to go on top of the hour, we'll end the space anyway, guys.
But crypto, especially the bigger change, I guess, like Hedera and Bitcoin, of course.
Do they also fall in that category?
I think yes.
But I do hear less talk about that.
And I see more and more people talking about no going to real estate, land, forest, whatever.
So what's your opinion on that, guys?
Well, I'll start off.
It's not correlated.
So it has independent monetary policies, like I said before.
So it's not tied to the things that are causing debasement in fiat currency.
So there is the store value aspect, and certainly Bitcoin is going to take the lion's share of that.
But the other way you can look at that is these other assets that can take advantage of that, gold and silver or real estate or whatever
else you're using to protect your wealth in times of high inflation or debasement,
Hedera can benefit from that by tokenizing those assets on Hedera. I certainly want to see
gold and silver be tokenized and all these assets you know real estate and stocks and bonds
and all that fun stuff well i guess not bonds if we're talking about uh wealth preservation
in that kind of environment but um so we can we can tokenize those assets but the nice thing once
you've tokenized those assets on hedera those tokens inherit all of the great attributes of
hedera so then you can actually as long as it's legal, you can transfer
those assets as a bearer asset between people. So you could use it as a method of payment. You can
use it for new markets, all of those kinds of things. And that's how I think that Hedera can
benefit greatly from some of these other assets that might take off. Tokenize those assets,
make them available across DeFi, making them available as a medium of exchange whatever it might be but a lot of people don't understand
and know about that just yet so what i see now is that people want to protect their uh wealth by
buying things that you can literally touch but this is something that might indeed fly off uh
when this gets well when this ball gets rolling and everyone does know about it.
So that's a good one, actually.
By the way, Ekwa is trying to continuously get back on as a speaker.
And I'm not sure, Ekwa, if you can speak.
I think I'm here.
Yes, you can.
Because I think I made you a speaker like 10 times already this space.
Yeah, I'm sorry, dude.
I don't know what's going on, but my SIM card's acting up.
Like I'm losing data while I'm on the space. But yeah, thanks for bringing me back up, bro.
Always. Well, we're almost going to end anyway, so at least we heard you a couple of days.
Oh, we're still going.
You want to say something?
Sorry, Joey.
We're still going. Patrick, what you just said is things you can actually touch. I think a lot of people are missing the boat on that.
When things are tokenized, think of it no different than having a contract on it.
If you buy a piece of land and pay it off and you have a deed on it and the bank doesn't own it, you can go to that land.
And when it's tokenized, you'll be able to do the same thing.
And so like Brandon was talking about physical assets, when those are tokenized,
if you have enough for a solid amount of gold that's actually been cast into a form and you want to call that, meaning you trade
your tokenized shares for the gold and it's legal to own the gold reward, then you can call that
gold and get it. So I don't think people necessarily need to understand the concept of everything being tokenized as much as the people that are building the future of that out have to know how to create a product and a brand that people will trust and associate with their portfolio. So it doesn't have to be about crypto. You don't have
to, like for years, everything, oh, this is Web3, this is crypto, that's why you need to do it.
I think in the future, people will know, okay, this is kept on this storage wallet or folder or whatever, whatever people want to call it, account.
And it'll be tokenized,
but there won't necessarily be a concept of the holder that,
oh, I've got tokenized assets.
I have crypto assets.
I don't think that's how it'll look in the future.
So for everyone in the space here who is a bit new,
because they're still sometimes in here,
I don't think in these other spaces spaces everyone here knows what it's about.
But actually, if you're asking me, you're saying we're early for something that's bound to happen anyway.
You want it or you don't.
It's all going to be tokenized anyway.
Hedera is going to be used by the banks and all this stuff.
It's an automatic process.
So regardless, you're early.
So stick to it. I saw you on mute,
Brandon. No, I was going to say that, you know, I can't talk about it in too much detail right now.
There's still a lot of things being worked out. But in this, the physical assets, wealth preservation, it's coming to Hedera in a big way, in a really big way. So stay tuned on that. You know, if you
are focused on,
you know,
physical assets and things along those lines,
it's coming.
I promise.
We got an insight here,
teasing us and not saying anything.
You heard it first on the Kabila space,
led by the Earthlings team and Agua.
But,
Brendan,
your driving is crazy.
So this is actually hidden not financial advice
not from sourceswap but from you personally well i'll say this i'm going down to tokenize
in puerto rico um i was just invited to come down to that at the end of this month so if anybody's
going to be down there um i think it's going to be pretty exciting. Okay, so I need to open my age.
What is tokenizing in Puerto Rico
before you have to jump off?
It's a big crypto event
specifically about tokenizing
assets and things along those lines.
So yeah, just the normal crypto
events that we go to, but this one's focused on
real-world asset tokenization.
And I think that's the future
of a lot of these events
where NFT Paris just got canceled,
not because there are no future NFTs,
but I think more away from the PFP and art-based NFTs.
Art has always been a niche collectible anyway,
and it'll always be there.
But real-world asset tokenization, I think we'll see a lot of these events pop up over
the next five, 10 years where people will be going to those to see what's new on that
front for sure.
Thank you for these contributions, guys.
I think that's a nice ending of the space.
It's on top of the hour.
I promised everyone in the background we're going to stay within the hour.
If everyone wants to say something still, then do it now.
then do it now.
You get 20 seconds for that, no longer.
You get 20 seconds for that, no longer.
And then who knows?
by having the first Kabila space ending exactly on the hour.
So any hands?
Anyone who wants to say some last words?
Go to my timeline, 3 o'clock.
I'm on with MemeJob every Thursday at 3 p.m.
That's nice, short and punchy.
Go follow Joey and anyone in the space here
if you want to get updates on what spaces are going on
because it's the easiest way, guys.
I always get lost when looking for spaces.
I just open up my X on my phone
and everyone who I follow will show up
in some kind of Jumbotron thingy on top of the phone
and showing what spaces are going on.
It's the easiest way to find a space
for dummies who don't know how
X works like me. So guys,
it was great having you all here.
Thank you, Brendan,
speaking for Sourceswap again.
Thank you, ECWA, for trying to get in
every time, 10 times today. Thank you,
Joey, for speaking. Go follow
Jordan as well if you want to know
more about XRP and the spaces going on there.
Thank you, everyone.
It's exactly six o'clock.
First time that we round it up at the hour.
Thank you all.
See you next week.
Bye-bye. We go play some music till new shuts off the space.
Let's go. Thank you. .
Insights
P
