1 00:00:01,240 --> 00:00:01,600 Speaker 1: Earners. 2 00:00:01,639 --> 00:00:02,000 Speaker 2: What's up. 3 00:00:02,080 --> 00:00:04,560 Speaker 1: You ever walk into a small business and everything just 4 00:00:04,720 --> 00:00:07,880 Speaker 1: works like The checkout is fast, the receipts are digital, 5 00:00:08,400 --> 00:00:11,399 Speaker 1: tipping is a breeze, and you're out the door before 6 00:00:11,400 --> 00:00:15,560 Speaker 1: the line even builds. Odds are they're using Square. We 7 00:00:15,720 --> 00:00:18,280 Speaker 1: love supporting businesses that run on Square because it just 8 00:00:18,280 --> 00:00:21,520 Speaker 1: feels seamless. Whether it's a local coffee shop, a vendor 9 00:00:21,560 --> 00:00:23,840 Speaker 1: at a pop up market, or even one of our 10 00:00:23,880 --> 00:00:27,560 Speaker 1: merch partners, Square makes it easy for them to take payments, 11 00:00:27,760 --> 00:00:31,480 Speaker 1: manage inventory, and run their business with confidence, all from 12 00:00:31,600 --> 00:00:35,000 Speaker 1: one simple system. If you're a business owner or even 13 00:00:35,080 --> 00:00:38,600 Speaker 1: just thinking about launching something soon, Square is hands down 14 00:00:38,640 --> 00:00:41,680 Speaker 1: one of the best tools out there to help you start, run, 15 00:00:41,920 --> 00:00:45,240 Speaker 1: and grow. It's not just about payments, it's about giving 16 00:00:45,240 --> 00:00:47,920 Speaker 1: you time back so you can focus on what matters 17 00:00:47,960 --> 00:00:51,199 Speaker 1: most Ready. To see how Square can transform your business, 18 00:00:51,479 --> 00:00:56,120 Speaker 1: visit Square dot com backslash go backslash eyl to learn 19 00:00:56,160 --> 00:01:01,360 Speaker 1: more that Square dot com backslash, go backslash eyl. Don't wait, 20 00:01:01,640 --> 00:01:04,480 Speaker 1: don't hesitate. Let's Square handle the back end so you 21 00:01:04,480 --> 00:01:10,839 Speaker 1: can keep pushing your vision forward. This episode is brought 22 00:01:10,840 --> 00:01:12,760 Speaker 1: to you by P and C Bank, a lot of 23 00:01:12,760 --> 00:01:16,360 Speaker 1: people think podcasts about work are boring, and sure they 24 00:01:16,440 --> 00:01:20,319 Speaker 1: definitely can be, But understanding of professionals routine shows us 25 00:01:20,319 --> 00:01:24,840 Speaker 1: how they achieve their success little by little, day after day. 26 00:01:24,959 --> 00:01:27,440 Speaker 1: It's like banking with P and C Bank. It might 27 00:01:27,560 --> 00:01:30,440 Speaker 1: seem boring to save, plan and make calculated decisions with 28 00:01:30,480 --> 00:01:33,520 Speaker 1: your bank, but keeping your money boring is what helps 29 00:01:33,520 --> 00:01:36,640 Speaker 1: you live or more happily fulfilled life. P and C 30 00:01:36,760 --> 00:01:41,920 Speaker 1: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since 31 00:01:41,959 --> 00:01:44,640 Speaker 1: eighteen sixty five is a service mark of the PNC 32 00:01:44,720 --> 00:01:48,680 Speaker 1: Financial Service Group, Inc. P and C Bank National Association 33 00:01:48,880 --> 00:01:49,840 Speaker 1: Member FDIC. 34 00:01:51,680 --> 00:01:54,080 Speaker 2: Right now, in twenty twenty five, we are in the bullrun, 35 00:01:54,440 --> 00:01:56,360 Speaker 2: and it's ironic that we are in the bull run 36 00:01:57,160 --> 00:02:01,080 Speaker 2: right before markets or prices will will and at the 37 00:02:01,080 --> 00:02:04,080 Speaker 2: same time, we're getting legislation around the world. At the 38 00:02:04,120 --> 00:02:06,440 Speaker 2: same time, ISO twenty or twenty two got adopted by 39 00:02:06,440 --> 00:02:10,280 Speaker 2: the Federal Reserve on July fourteenth. It's ironic that all 40 00:02:10,320 --> 00:02:13,120 Speaker 2: these events are happening at one time. But with that 41 00:02:13,160 --> 00:02:16,200 Speaker 2: being said, it's actually documented that the four year cycle 42 00:02:16,320 --> 00:02:19,400 Speaker 2: is going to change. How it's going to look. I 43 00:02:19,440 --> 00:02:22,079 Speaker 2: can't tell you now, no one has a crystal ball 44 00:02:22,120 --> 00:02:23,639 Speaker 2: into the future. I can just tell you what these 45 00:02:23,680 --> 00:02:26,720 Speaker 2: institutions actively speak about, and the reason why they believe 46 00:02:26,760 --> 00:02:29,000 Speaker 2: it's going to change is because, like I mentioned earlier, 47 00:02:29,240 --> 00:02:31,320 Speaker 2: with these ets being put in the pension fund and 48 00:02:31,400 --> 00:02:35,440 Speaker 2: four one K plans like those investors aren't selling, that 49 00:02:35,560 --> 00:02:38,040 Speaker 2: allows us to be able to hold certain levels that 50 00:02:38,080 --> 00:02:41,120 Speaker 2: we weren't able to hold before. And with these institutions 51 00:02:41,200 --> 00:02:42,760 Speaker 2: entering the space as well, I don't think that they 52 00:02:42,800 --> 00:02:44,920 Speaker 2: want to see an eighty percent draw down on capitol. 53 00:02:46,360 --> 00:02:50,320 Speaker 1: That would be like that. Twenty twenty sixth traditionally would 54 00:02:50,320 --> 00:02:52,160 Speaker 1: be the year that there'll be a nice pull back 55 00:02:52,560 --> 00:02:54,480 Speaker 1: in two years when we run into another four years, 56 00:02:54,480 --> 00:02:56,600 Speaker 1: so that could that could all be changed in a 57 00:02:56,639 --> 00:02:57,480 Speaker 1: matter of months. 58 00:02:57,720 --> 00:03:00,160 Speaker 2: That could all be changed. So I'm interested on what 59 00:03:00,240 --> 00:03:02,639 Speaker 2: is actually gonna look like. Will the four year cycle 60 00:03:02,680 --> 00:03:07,920 Speaker 2: hold true, like maybe, will the four year cycle not 61 00:03:08,000 --> 00:03:10,520 Speaker 2: hold true and we have a small pullback maybe or 62 00:03:10,520 --> 00:03:13,240 Speaker 2: do we just gradually go up over time. I didn't 63 00:03:13,280 --> 00:03:15,680 Speaker 2: include the document in here, not because the only one 64 00:03:15,760 --> 00:03:19,200 Speaker 2: includes one from State Street instead of the one about 65 00:03:19,200 --> 00:03:21,720 Speaker 2: the reference. But State Street actually documented that bitcoin is 66 00:03:21,800 --> 00:03:26,120 Speaker 2: less violtile than some of the magnificent seven stocks, Tesla 67 00:03:26,360 --> 00:03:29,359 Speaker 2: in particular. So for State Street to actively come out 68 00:03:29,400 --> 00:03:32,799 Speaker 2: and say that bitcoin is less violtile, I think that's 69 00:03:32,919 --> 00:03:33,360 Speaker 2: very telling. 70 00:03:34,520 --> 00:03:40,400 Speaker 1: Indeed, indeed, so I. 71 00:03:40,440 --> 00:03:43,640 Speaker 2: Know that Larry Fink said if for those of you 72 00:03:43,640 --> 00:03:45,160 Speaker 2: guys who don't know who Larry Fink is, he's a 73 00:03:45,160 --> 00:03:48,080 Speaker 2: CEO of Black Rock. He's a very very important figure 74 00:03:48,920 --> 00:03:52,680 Speaker 2: in the whole entire world. But he stated that tokenization 75 00:03:52,840 --> 00:03:55,600 Speaker 2: is happening, that all assets will be tokenized. But he's 76 00:03:55,640 --> 00:03:58,400 Speaker 2: not the only one to think that. Who else thinks that. 77 00:03:58,480 --> 00:04:00,640 Speaker 2: This document goes on to say, we believe there are 78 00:04:00,640 --> 00:04:03,720 Speaker 2: decades of growth ahead for tokenized assets, and so do 79 00:04:03,840 --> 00:04:07,920 Speaker 2: market analysts. The Future Predictions Standard Charter believes that by 80 00:04:08,000 --> 00:04:11,200 Speaker 2: twenty thirty four there'll be thirty trillion dollars of tokenized assets. 81 00:04:11,520 --> 00:04:14,120 Speaker 2: Boston Consultant Group believes that by twenty thirty there will 82 00:04:14,160 --> 00:04:17,719 Speaker 2: be sixteen trillion dollars of tokenized ill looquid assets. City 83 00:04:17,880 --> 00:04:20,200 Speaker 2: believes that by twenty thirty there will be five trillion 84 00:04:20,240 --> 00:04:23,719 Speaker 2: dollars of tokenized digital securities. That's a lot of trillions 85 00:04:23,760 --> 00:04:26,839 Speaker 2: when we really break it down, and that's only three 86 00:04:27,160 --> 00:04:31,440 Speaker 2: three organizations. So what is the entire tokenization market cap? 87 00:04:31,480 --> 00:04:34,120 Speaker 2: Look like, like, how much value do we have? If 88 00:04:34,120 --> 00:04:36,080 Speaker 2: you look at the right side of this screenshot, it 89 00:04:36,080 --> 00:04:40,400 Speaker 2: says expansible addressable markets. So the total value for all 90 00:04:40,440 --> 00:04:42,760 Speaker 2: these markets I won't go down to read each one individually, 91 00:04:42,839 --> 00:04:46,960 Speaker 2: is four hundred and ten trillion dollars. But then the 92 00:04:47,040 --> 00:04:50,240 Speaker 2: question becomes like, what's the actual time frame for us 93 00:04:50,279 --> 00:04:54,000 Speaker 2: to tokenize these assets? Well, that's documented as well. State 94 00:04:54,040 --> 00:04:57,240 Speaker 2: Street actually gave us the timeframe to mass adoption for 95 00:04:58,040 --> 00:05:02,119 Speaker 2: tokenization at the bottom of the screen on the graph 96 00:05:02,120 --> 00:05:05,160 Speaker 2: for those watching, it says time to mass adoption and 97 00:05:05,240 --> 00:05:08,720 Speaker 2: transformative impact on the market. So this document came out 98 00:05:08,720 --> 00:05:11,640 Speaker 2: in twenty twenty four, I think in August on November 99 00:05:11,640 --> 00:05:14,400 Speaker 2: of last year, somewhere around that time frame. Now going 100 00:05:14,440 --> 00:05:16,960 Speaker 2: to say one year from last year, the boom market 101 00:05:17,000 --> 00:05:20,080 Speaker 2: will be token nizhed, two years from last year, commodities 102 00:05:20,120 --> 00:05:24,239 Speaker 2: will be tokenized, three years, private equity funds, four years, 103 00:05:24,320 --> 00:05:28,240 Speaker 2: real estate funds, five years equities, and the ten years 104 00:05:28,279 --> 00:05:30,680 Speaker 2: down the road is real estate. But that doesn't mean 105 00:05:30,720 --> 00:05:33,160 Speaker 2: that that's when they will start tokenizing those assets, because 106 00:05:33,160 --> 00:05:36,719 Speaker 2: these assets are actively being tokenized now. It's just timeframe 107 00:05:36,760 --> 00:05:39,800 Speaker 2: to mass adoption. So if we can realistically look and 108 00:05:39,839 --> 00:05:42,800 Speaker 2: say ten to fifteen years according to State Street, that 109 00:05:42,920 --> 00:05:45,920 Speaker 2: will have mass adoption for tokenization, and know that this 110 00:05:46,080 --> 00:05:48,560 Speaker 2: previous document tells us that there's four hundred and ten 111 00:05:48,600 --> 00:05:52,159 Speaker 2: trillion dollars to be tokenized, that's a lot of trillions. 112 00:05:52,160 --> 00:05:54,640 Speaker 2: We're sitting at a three trillion dollar market cap, and 113 00:05:54,680 --> 00:05:58,159 Speaker 2: I truly believe that the floodgates will open once we 114 00:05:58,240 --> 00:06:02,440 Speaker 2: have regulatory clarity. Institutions just need regulatory clarity. They have 115 00:06:02,480 --> 00:06:04,440 Speaker 2: to know that when they adopt something, when they build something, 116 00:06:04,440 --> 00:06:05,839 Speaker 2: that they won't be sued for doing so. 117 00:06:07,880 --> 00:06:11,120 Speaker 1: So that gives us to twenty thirty if I did 118 00:06:11,120 --> 00:06:13,800 Speaker 1: the math right by twenty thirty, which is another one 119 00:06:13,800 --> 00:06:17,560 Speaker 1: of those circle circling a calendar days. Interestingly enough, when 120 00:06:17,920 --> 00:06:20,719 Speaker 1: there was a report about the company market cap companies 121 00:06:20,760 --> 00:06:25,719 Speaker 1: over the next five years, and Bitcoin was the number 122 00:06:25,839 --> 00:06:32,760 Speaker 1: five market cap company, surpassing Apple, surpassing Google, and this 123 00:06:32,960 --> 00:06:34,039 Speaker 1: kind of aligns with that no. 124 00:06:35,160 --> 00:06:38,839 Speaker 2: Lines perfectly, And that's one of those confluences that I 125 00:06:38,880 --> 00:06:42,080 Speaker 2: look for because me personally, I don't believe in coincidences. 126 00:06:42,520 --> 00:06:44,320 Speaker 2: I don't read one document and think that as the 127 00:06:44,400 --> 00:06:46,880 Speaker 2: end all be all. I need to read three, four 128 00:06:46,960 --> 00:06:48,840 Speaker 2: or five documents that all say the same exact thing 129 00:06:48,880 --> 00:06:50,720 Speaker 2: for me to actually believe and actually be able to 130 00:06:50,760 --> 00:06:53,440 Speaker 2: speak on it. And they're all saying the same thing. Now, 131 00:06:53,560 --> 00:06:56,960 Speaker 2: the World Economic Forum actually as a vision twenty twenty 132 00:06:56,960 --> 00:07:00,520 Speaker 2: five where we start this adoption, seeing a lot in 133 00:07:00,560 --> 00:07:04,200 Speaker 2: documentations that they all want CBDC stable coins all to 134 00:07:04,200 --> 00:07:06,599 Speaker 2: be regulated so that they can start building this infrastructure 135 00:07:06,600 --> 00:07:10,760 Speaker 2: fully out for twenty thirty and ironically that aligns with 136 00:07:11,520 --> 00:07:14,080 Speaker 2: the next bull run. If the four year cycle holds true, 137 00:07:14,360 --> 00:07:17,000 Speaker 2: twenty twenty nine would be the next bull run year. 138 00:07:17,360 --> 00:07:20,400 Speaker 2: So will the four year cycle hold true? Who knows. 139 00:07:21,080 --> 00:07:23,400 Speaker 2: I've seen a document at both ways. But if it 140 00:07:23,400 --> 00:07:26,440 Speaker 2: does hold true, that still aligns perfectly with these institutional 141 00:07:26,480 --> 00:07:28,040 Speaker 2: targets for twenty twenty nine to twenty three. 142 00:07:28,080 --> 00:07:31,600 Speaker 3: An illegal alien from Guatemala charged with raping a child 143 00:07:31,680 --> 00:07:35,480 Speaker 3: in Massachusetts. An MS thirteen gang member from Al Salvador 144 00:07:35,720 --> 00:07:39,880 Speaker 3: accused of murdering a Texas man of Venezuelan charged with 145 00:07:39,920 --> 00:07:43,840 Speaker 3: filming and selling child pornography in Michigan. These are just 146 00:07:43,920 --> 00:07:47,679 Speaker 3: some of the heinous migrant criminals caught because of President 147 00:07:47,720 --> 00:07:51,240 Speaker 3: Donald J. Trump's leadership. I'm Christy Noman, the United States 148 00:07:51,320 --> 00:07:56,120 Speaker 3: Secretary of Homeland Security. Under President Trump, attempted illegal border 149 00:07:56,160 --> 00:07:59,680 Speaker 3: crossings are at the lowest levels ever recorded, and over 150 00:07:59,720 --> 00:08:02,840 Speaker 3: one one hundred thousand illegal aliens have been arrested. If 151 00:08:02,880 --> 00:08:06,520 Speaker 3: you are here illegally, your next you will be fine 152 00:08:06,600 --> 00:08:10,680 Speaker 3: nearly one thousand dollars a day, imprisoned, and deported. You 153 00:08:10,760 --> 00:08:14,320 Speaker 3: will never return. But if you register using our CBP 154 00:08:14,480 --> 00:08:17,200 Speaker 3: home app and leave now, you could be allowed to 155 00:08:17,240 --> 00:08:22,080 Speaker 3: return legally. Do what's right, leave now. Under President Trump, 156 00:08:22,240 --> 00:08:25,840 Speaker 3: America's laws, border and families will be protected. 157 00:08:25,920 --> 00:08:28,080 Speaker 1: Sponsored by the United States Department of Homeland Security,