[00:03] concerned about it. Like to me it's a no-brainer it's going to get approved. the day after? &gt;&gt; Big news today for crypto. The newest version of the Crypto Clarity Act may drop as soon as next week.
[00:17] &gt;&gt; We're not certain that this is going to get across the finish line yet because on? &gt;&gt; Congressperson French Hill on Fox Business today explains they're pushing now for a July Senate vote on the
[00:30] &gt;&gt; I've been encouraged. I've certainly I've encouraged Senate leadership to put it on the floor. I think if you schedule a floor date here in the month of July, that will cause these final meetings, these final discussions to take place.
[00:44] Congress to get people to move and find consensus. &gt;&gt; The Clarity Act is a massive piece of crypto legislation. It will allow new pools of money to finally enter the space. Not immediately, but in the
[00:57] months to follow as explained by Brent Dixon on the Grant Cardone podcast. &gt;&gt; Uh-huh. &gt;&gt; The 6 to 12 to 18 months after I think what gives these major companies and major institutions the green light to
[01:12] say, "Now we can systematically quarter by quarter deploy 10 billion, 20 billion, 50 billion per organization." Whatever that number is for them. a lot of the sovereign wealth funds in the Middle East that also take their
[01:26] lead from what happens with the regulatory clarity in the US. That will purchase up as well. And one of the things we've even seen over the last drawdown in Bitcoin, groups like Mubadala out of Abu Dhabi, like they're
[01:41] when they think it's at a discount. So, they're not only doing a little like &gt;&gt; Yeah. &gt;&gt; And pay attention to the altcoins whose fundamentals are improving before the Clarity Act even passes. Just think what
[01:54] will happen after. Robinhood chain, which is on Ethereum, this is Robinhood's L2, has grown to nearly 80 million in total value locked, 200 million dollars in stablecoins, and 800 million in
[02:08] cumulative DEX volume since launch. The bigger Robinhood chain grows, the better for Ethereum. I loved this perspective from Robinhood CEO. &gt;&gt; I actually think cryptocurrency and traditional finance have been living in
[02:22] two separate worlds for a while, but they're going to fully merge. And we're we're talking about tokenized stocks and other real-world assets, stablecoin, which is an early form of this, the great example of this. I think that
[02:36] crypto technology has so many advantages over the traditional way we're doing things that in the future, there's going to be no distinction. It's kind of like how technology itself was viewed as a sector of the economy for a very long
[02:50] time. Still is, you know, there's technology companies and everything else. I think crypto will go through a same transition where we're sort of like thinking about it in its own bucket, but eventually, you know, everything will be
[03:03] &gt;&gt; And remember, Vlad is pushing the hundreds of millions of Robinhood users to Robinhood chain, which is on Ethereum. And my strategy when investing in crypto coins is to invest in trends,
[03:17] invest in mega trends, and tokenization is a growing mega trend. Tokenized equities saw a record 3.4 billion dollars in volume for the month of June. This marks a 279% growth month-over-month.
[03:33] And 1,400 year-over-year growth. The growth was primarily driven by SpaceX record IPO and surging demand for 24/7 trading. Furthermore, the Solana network now accounts for over 90% of volume
[03:48] traded in these assets. Meaning, bet on the mega trends. See where the Even though the price is going down or going sideways, the fundamentals are A substantial amount of this volume growth has been driven by Jupiter, which
[04:03] is the largest on-chain platform in the world. It's like a DEX for Solana, which has seen month-over-month volume grow over 56% with around 60% of tokenized
[04:15] equity volume happening during off hours and weekends. Tokenized asset growth is and weekends. Tokenized asset growth is exploding. Also big news for Bittensor. This is if you're betting on decentralized AI. We understand AI,
[04:28] artificial intelligence, and robotics. Those are two mega trends. Bittensor is the blue chip crypto that fits that. I believe conviction is now fully live for Bittensor subnets. This was an upgrade. In startups, founders can show
[04:43] in the traditional world. In Bittensor, a subnet owner can prove it with locked alpha, which are subnet tokens. And for the first time, subnet ownership can be challenged by a higher conviction score.
[04:57] Essentially, what this upgrade means is if the owners true of the subnet, the people building the robotics or the AI companies, truly believe in their company, they can show the community, who anybody in the world can invest in
[05:10] early-stage AI startups through Bittensor, they can show the community That's a choice. They don't have to do it. They can show they have a high conviction score, why they're better than other subnets. I think this game
[05:24] theory will be massive. And I liked this about two-minute clip, Smart Money Alert, Grant Cardone and Brian Dixon in a recent podcast break down the &gt;&gt; The other place right now we're really starting to size up our interest in is
[05:40] in Bittensor. The name of that token is called Tao. Tao. Bitcoin is decentralized. &gt;&gt; Why do you know all this stuff? &gt;&gt; Bitcoin is decentralized money Tao and
[05:54] Bittensor is decentralized intelligence. So it is basically if you look at the software software world today, there's open source software and closed source Instagram, Facebook, right? Like they they control the algorithms you don't
[06:06] get to see. Open source, you can have as a community you can build on that if you it you can see how it operates. And closed source software companies use projects they build. The same thing is going to happen in AI and we're already
[06:20] &gt;&gt; And it's interesting that the blue chip centralized mega AI companies Perplexity, ChatGPT, Claude a small percentage of the use on those blue chip
[06:32] platforms are coming are using Bittensor's intelligence. Let's let &gt;&gt; OpenAI which is actually closed source, we have Anthropic, we have Perplexity, models so you never get to see what they're building. Then you have these
[06:47] platforms like Bittensor which is basically Bittensor. So they're creating AI models in the open source environment where you can go build and contribute to the under arc the under architecture of Bittensor is called subnets. So each
[07:00] subnet can be looked at as a app business application. So one subnet could be medical intelligence. Another one could be financial intelligence. And sophisticated, they will feed information into the closed source
[07:14] we've learned today that Perplexity and ChatGPT and Claude, there's a small getting asked to those platforms that feeding for the answer. But they don't tell you that on Claude and they're just
[07:27] licensing that information. &gt;&gt; And that'll grow significantly over strategic investments in that space because we think long-term it has tremendous upside and it has the same unit economics as Bitcoin. There will
[07:40] only ever be 21 million BitTensor tokens ever created. It's proof of work, so basically just like Bitcoin it requires this computing power to get rewarded predictable having schedule. Just like every four years Bitcoin cuts its daily
[07:55] type of thing happens with BitTensor. So it's creating that scarcity long-term &gt;&gt; So pay attention to the mega trends, which are smart contracts, which are which are smart contracts, which are tokenization, which are AI and robotics.
[08:10] And if / when the Clarity Act passes, which I believe it will, trends, or maybe the Clarity Act will fail and we'll get another final dip capitulation at the end of the year. Either way, we're in this long-term.
[08:24] Either way, we're in this long-term. Like always, see you tomorrow.