1 00:00:00,080 --> 00:00:02,680 Speaker 1: Crypto if you haven't followed as having a moment. Bitcoin 2 00:00:02,720 --> 00:00:05,480 Speaker 1: break through one hundred thousand dollars at the US this week. 3 00:00:05,800 --> 00:00:07,280 Speaker 1: A lot of the recent rally is off the back 4 00:00:07,320 --> 00:00:09,200 Speaker 1: of the Trump victory, of course, because he's pro crypto. 5 00:00:09,240 --> 00:00:11,479 Speaker 1: Bit Coins up one hundred and forty percent on the year. 6 00:00:11,800 --> 00:00:14,680 Speaker 1: Easy Crypto chief commercial officer Paul quickened in the ears. Well, 7 00:00:14,720 --> 00:00:15,960 Speaker 1: there's Paul, very good morning to you. 8 00:00:16,640 --> 00:00:17,479 Speaker 2: Good morning, how are you. 9 00:00:17,520 --> 00:00:18,880 Speaker 1: I'm very well and do you thank you? Have all 10 00:00:18,920 --> 00:00:22,280 Speaker 1: the others gone with bitcoin or is it highly variable? 11 00:00:23,480 --> 00:00:26,440 Speaker 2: No, most of the older, more established coins are starting 12 00:00:26,480 --> 00:00:28,200 Speaker 2: to go as well, and there's been a couple of 13 00:00:28,240 --> 00:00:30,520 Speaker 2: real standouts that were really under the cosh from the 14 00:00:30,600 --> 00:00:33,120 Speaker 2: SEC who you know, they've done a big change of 15 00:00:33,440 --> 00:00:37,320 Speaker 2: political dynamic in the US and they've kind of been unleashed. 16 00:00:37,400 --> 00:00:39,480 Speaker 2: Let's just stay so no, not alone. 17 00:00:39,640 --> 00:00:43,839 Speaker 1: How much is the Trump factor, Well. 18 00:00:43,560 --> 00:00:45,120 Speaker 2: I think it's fair to say that it was a 19 00:00:45,159 --> 00:00:49,080 Speaker 2: political thing in the US for the election, and now 20 00:00:49,080 --> 00:00:52,640 Speaker 2: it's become jilliet geopolitical. He's openly said he wants the 21 00:00:52,720 --> 00:00:55,080 Speaker 2: US to become the crypto capital of the world. The 22 00:00:55,160 --> 00:00:56,920 Speaker 2: UK is going we want a piece of that action 23 00:00:57,120 --> 00:01:00,200 Speaker 2: in China and no surprises, changed its laws to all 24 00:01:00,200 --> 00:01:02,600 Speaker 2: our crypto as well. So it's becoming a much bigger 25 00:01:02,600 --> 00:01:03,480 Speaker 2: global phenomenon. 26 00:01:03,560 --> 00:01:05,399 Speaker 1: Has it arrived as a result of all of this? 27 00:01:05,640 --> 00:01:07,760 Speaker 1: Is this the tipping point or not? 28 00:01:08,880 --> 00:01:11,440 Speaker 2: Look, I would suggest that the tipping point was when 29 00:01:11,600 --> 00:01:14,480 Speaker 2: the ets were approved in January, you know, when black 30 00:01:14,560 --> 00:01:16,920 Speaker 2: Rock and Fidelity and the biggest asset images in the 31 00:01:16,959 --> 00:01:20,199 Speaker 2: world got the tip of approval finally, and then it's 32 00:01:20,240 --> 00:01:21,920 Speaker 2: simply just cascaded on from there. 33 00:01:22,120 --> 00:01:24,840 Speaker 1: Okay, explain to us for people who don't follow it, 34 00:01:24,880 --> 00:01:28,240 Speaker 1: the crypto v digital currencies, the digital currencies that the 35 00:01:28,280 --> 00:01:29,880 Speaker 1: central banks are talking about. 36 00:01:31,160 --> 00:01:36,480 Speaker 2: Yeah, so crypto is more open in free trading. It's 37 00:01:37,000 --> 00:01:39,240 Speaker 2: i'm a distributed network, which means that no one really 38 00:01:39,240 --> 00:01:43,120 Speaker 2: controls it. It's just software, whereas a central back digital 39 00:01:43,160 --> 00:01:45,800 Speaker 2: currency may or may not use the same sort of technology, 40 00:01:45,800 --> 00:01:47,760 Speaker 2: but it's controlled obviously by a central bank. 41 00:01:47,960 --> 00:01:51,400 Speaker 1: Yeah, yeah, I get that. But does the central bank 42 00:01:51,520 --> 00:01:54,000 Speaker 1: kill crypto or damage crypto? 43 00:01:54,920 --> 00:01:58,279 Speaker 2: Well, it's a great question. Lots of people are thinking 44 00:01:58,280 --> 00:02:01,320 Speaker 2: about it. I think they will coexist if they come 45 00:02:01,360 --> 00:02:03,919 Speaker 2: to the fore. Many countries are killing off the central 46 00:02:03,920 --> 00:02:06,800 Speaker 2: bank programs at the moment in the US is obviously 47 00:02:07,080 --> 00:02:09,040 Speaker 2: the four runners for that, but they're all kind of 48 00:02:09,080 --> 00:02:12,520 Speaker 2: asking why, and they can't really come up with a 49 00:02:12,520 --> 00:02:14,120 Speaker 2: good use case for why at the moment. 50 00:02:14,480 --> 00:02:16,800 Speaker 1: What's the big deal for a person like you. Is 51 00:02:16,800 --> 00:02:19,280 Speaker 1: it the value of say bitcoin and we go whoo, 52 00:02:19,320 --> 00:02:22,320 Speaker 1: it's one hundred thousand, or is it the legitimacy that's 53 00:02:22,320 --> 00:02:23,000 Speaker 1: more important? 54 00:02:23,639 --> 00:02:26,760 Speaker 2: Well, fantastic question. Look, our hundred k was kind of 55 00:02:26,760 --> 00:02:29,600 Speaker 2: a mythical number that was always set there, so for 56 00:02:29,639 --> 00:02:32,239 Speaker 2: people who've been in the industry a really long time, 57 00:02:33,160 --> 00:02:36,920 Speaker 2: it's a big, big thing. I think it's also, you know, 58 00:02:36,960 --> 00:02:41,600 Speaker 2: one of these real validation steps in the lifetime and 59 00:02:41,600 --> 00:02:43,360 Speaker 2: we'll look back on it and go that was the moment. 60 00:02:43,480 --> 00:02:45,600 Speaker 2: So like it's a bit of both. Mike, I think, 61 00:02:45,720 --> 00:02:46,200 Speaker 2: good stuff. 62 00:02:46,240 --> 00:02:48,120 Speaker 1: You go, well, Ike, appreciate it very much. Paul Quickendon, 63 00:02:48,160 --> 00:02:50,360 Speaker 1: who's the Easy Crypto Chief Commercial Officer. 64 00:02:51,000 --> 00:02:53,880 Speaker 2: For more from the Mic Asking Breakfast, listen live to 65 00:02:54,000 --> 00:02:57,080 Speaker 2: news talks they'd be from six am weekdays, or follow 66 00:02:57,120 --> 00:02:58,680 Speaker 2: the podcast on iHeartRadio.