WEBVTT

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Hey everyone. and welcome to the Bitcoin Street

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Journal Market Update. I'm Melody. And I'm Laura.

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We're super excited to be back with you today,

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diving into all the latest and greatest happenings

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in the world of Bitcoin. Absolutely. We've got

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a jam -packed show for you today, Laura. We're

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going to be dissecting Bitcoin's reaction to,

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well, you know, all the global craziness that's

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going on. I mean, the tensions and inflation

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and how Bitcoin might actually be a safe haven

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in all of this. It's kind of wild. Totally. And

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we're also going to be talking about some like

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really interesting corporate plays we're seeing?

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I mean, you see all these companies now like

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putting Bitcoin on their balance sheet, similar

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interactive strength. It's becoming a trend,

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right? We got to unpack that. Oh, yeah. And we

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definitely can't forget about regulation or,

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well, trying to figure it out, at least from

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stablecoin bills to, you know, meta facing some

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heat about their plans. We'll break down what

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it all means for us. Totally. And some cool innovation

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stuff. We're going to look at how companies like

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Stripe are getting even more into crypto. And

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just, you know, all those rumors about Apple

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X and Google finally playing ball with stablecoins.

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Major, if true. And for all of you hodlers out

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there, we're going to be diving deep into why

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Bitcoin's, well, you know, potentially the ultimate

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generational wealth play. Pretty exciting stuff,

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right? Yeah. And last but not least, we're going

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to be chatting about the Noster Protocol and

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how it is integrated with the Bitcoin ecosystem

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moving forward. It's a game changer, and all

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of you can set up Noster profiles and check it

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out today by visiting thebitcoinstreetjournal

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.com and clicking login at the top of the page.

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So buckle up, folks. It's going to be a fun ride.

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We're going to try to keep it educational, but

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you know. Also super entertaining. Let's get

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started. All right. So let's kick things off

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with the big picture. Right. Like how is Bitcoin

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reacting to everything happening in the world?

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I mean, we've got headlines about like geopolitical

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tensions and then inflation all over the place.

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Exactly. I saw one that said Bitcoin drops as

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world tensions rise. But then another that says

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200K still in play. It's like so confusing. Right.

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So how do we even. make sense of that? Well,

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it's it's that classic push and pull, you know,

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on one hand, when there's like crazy stuff happening

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globally, people tend to, you know, flock to

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safe havens. Traditionally, that's been gold.

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But now more and more people are seeing Bitcoin

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as a digital alternative. Right. But then the

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tensions also cause uncertainty and people like

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sell off risky assets, which. Bitcoin still is

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in a lot of people's minds, right? Yeah, exactly.

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So it gets caught in the crossfire. But what's

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interesting is how it's also reacting to inflation

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news. I saw Bitcoin climb slightly as U .S. reports

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inflation slowed in May. So when inflation looks

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like it might be cooling down, there's this hope

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that the Fed might cut rates. Oh, yeah. Lower

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rates, more risk on behavior. And suddenly Bitcoin

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looks a lot more attractive again. It's like

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this whole complex dance, you know? Totally.

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And that article also mentioned easing tariff

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fears and cooling inflation may boost Bitcoin,

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potentially prompting Fed rate cuts and renewed

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retail crypto interest. It's like people are

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waiting on the sidelines, ready to jump back

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in if things look even a little bit better. Right.

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So it's not just about being a hedge against

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fiscal crises. It's also about. Like reading

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the tea leaves of macroeconomics and trying to

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predict what the Fed's going to do kind of makes

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you wonder, like, is Bitcoin just becoming another

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part of the traditional financial system? OK,

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so speaking of companies getting involved, did

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you see what Sumler Scientific is doing? Like

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they're just going all in on Bitcoin. Oh, yeah.

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Sumler. Wasn't that the one Tom Lee was talking

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about as a granny shot portfolio pick? The Bitcoin

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treasury company's market cap has tumbled below

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the value of its BTC holdings. That's pretty

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wild. Yeah. I mean, they just keep buying more.

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The headline says they expanded their Bitcoin

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holdings to like 4 ,449 BTC. I mean, that's a

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serious commitment. It is. I think it sends a

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message, right? Like they're clearly betting

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big on Bitcoin as a long term store of value.

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It's like they're putting their money where their

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mouth is. Literally. But it's not just Sumler,

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right? I saw that Nasdaq listed Interactive Strength,

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yeah, I've never heard of them, plans to invest

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$500 million in Fetch .ai's FET token to build

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an AI -focused crypto treasury. What's that about?

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Yeah, that's a little different, right? It's

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not just Bitcoin, but it's investing in an AI

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-related crypto asset. So it sounds like they're

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trying to, you know, kind of tie into the whole

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AI narrative, too. So it's like, OK, we get crypto

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and now we get AI, too. Does it make sense for

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companies to do that? Well, it's interesting

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because it signals a growing trend of, you know,

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public companies seeing digital assets. I mean,

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not even just Bitcoin. Right. As a strategic

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investment. Like it's not just about holding

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cash. It's about diversifying their treasury

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with assets that. they think will appreciate

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and value or even tie into their core business.

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So are we going to see every company putting

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Bitcoin on their balance sheet? Is that the future

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of corporate finance or just something that these

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kind of niche companies are doing? I don't know

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if every company will do it, but I think it shows

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that the conversation around corporate treasury

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management is changing. It's like they're thinking

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more creatively about how to deploy their capital.

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And Bitcoin is definitely part of that conversation

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now. Definitely. And it just seems like more

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and more companies are starting to realize that,

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you know, this isn't just a fad. Bitcoin is here

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to stay. Okay, let's switch gears a little bit

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and talk about regulation, right? Because, you

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know, it's not all sunshine and rainbows with

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Bitcoin. There's definitely that whole regulatory

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aspect that everyone's watching. Oh, yeah, the

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R word. It's always looming, isn't it? So what's

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been happening? Well, the Senate's, you know,

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actually making progress on a stablecoin bill.

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I mean, can you believe it? It feels like it's

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been talked about forever, but it's actually

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moving forward now. Right. I saw that. Finally,

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something concrete -ish. But, you know, on the

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other hand, Meta's stablecoin plans are still

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facing a ton of scrutiny, like Senators Warren

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and Blumenthal are all over them asking all sorts

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of questions about lobbying and how it will all

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work. Yeah, Elizabeth Warren is definitely not

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a fan. No, no, definitely not. But it's not just

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the U .S. either, right? The Philippines are

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like enacting crypto rules, too. So, you know,

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it's a global thing. Everyone's trying to figure

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out how to regulate the space. Right. Makes sense.

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I mean, you know, when you have all the scams

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and hacks, people are going to start paying attention

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and want to do something about it. Totally. I

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mean, you know, it's about protecting consumers,

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right? maintaining financial stability. It's

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a balancing act. You want to foster innovation,

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but you also need to make sure people aren't

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getting ripped off. What about those Circle IPO

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rumors we keep hearing? Is that actually going

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to happen? Well, Circle did reject Ripple's $5

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billion buyout, and now they're valued at over

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$20 billion. So whether it's rumors or not, these

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public offerings, definitely legitimize the market.

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Oh, totally. So like more and more normies might

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start investing in crypto when they see big names

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like that going public. Exactly. And there's

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also talk about potential Solana ETFs. Can you

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imagine? Oh, wow. Another ETF? I mean, everyone's

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jumping on the ETF bandwagon, it seems. That

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would be huge for Sol, right? I think so. Could

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give Solana the boost to be the next ETF for

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institutions after ETH. So, Laura, speaking of

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adoption, did you catch that Stripe is cozying

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up to crypto even more? They're acquiring Privy.

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Oh, yeah. The crypto wallet tech firm. What's

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the deal with that? Well, Stripe's basically

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trying to supercharge their Web3 capabilities.

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They want to make it easier for businesses to

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integrate crypto payments and, you know, manage

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digital assets and stuff like that. Ah, OK. Makes

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sense. Because. Stripe's huge, right? Huge. And

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this move, it kind of signals that they're really

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serious about crypto becoming mainstream, right?

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I mean, think about it. They process payments

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for like a gazillion companies. OK, that's pretty

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big news. What else is brewing in the land of

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innovation? Well, there's all this buzz about

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Apple X and Google like actually holding talks

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with crypto firms about stable coin integration.

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No way. Seriously? Yes. Seriously. Imagine, you

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know, being able to use a stable coin to pay

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for stuff on Twitter or in the Apple App Store.

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I mean, it would be kind of revolutionary. OK,

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see, that's what I'm talking about. That's like

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real world adoption. I mean. We've been talking

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about this for years, right? But it feels like

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it's finally starting to happen. Totally. It's

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like the big tech companies are finally waking

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up to the potential of crypto and realizing that

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they can't ignore it anymore. Right? Right. And

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speaking of which, like, didn't PayPal expand

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their PYSD stablecoin thingy to Stellar? Like,

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they're joining Ethereum and Solana, right? Right.

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They're trying to make it easier for people to

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use their stablecoin in different ecosystems,

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you know, and reach more users. It's like they're

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laying the groundwork for the future of payments.

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I guess all those retail investors need a little

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bit of innovation to hop on the Bitcoin maximalism

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train. Right. Well, the most important thing

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to take away from this is that we're going to

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see more and more integration of crypto into

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our... everyday lives. It's not just some niche

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thing for tech nerds anymore, right? It's actually

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kind of exciting thinking about all the possibilities.

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Yeah, it really is. OK, so like stepping back

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a bit, I keep hearing about this idea of Bitcoin

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is like generational wealth. What's the deal

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with that? Well, it's kind of simple, actually,

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in an age where, you know, fiat currencies are

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being devalued left and right and traditional

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investments seem kind of shaky. Bitcoin's emerging

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as like a solid store of value, you know? Right,

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because like there's only going to be 21 million

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of them ever, right? Exactly. Scarcity is a big

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part of it. It's almost like digital gold, right?

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So people are starting to see it as something

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they can pass down to their kids and grandkids.

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Huh. So instead of... you know, leaving them

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stocks that might tank or like real estate that

00:12:08.110 --> 00:12:10.289
could get hit by a hurricane. You leave them

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Bitcoin. Yeah. Or, you know, a little bit of

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both. But the idea is that Bitcoin, theoretically,

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at least it can hold its value, if not increase

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over the long term. It's a hedge against like

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government money printing and all that jazz.

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OK, I see where you're going with this. So it's

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like a long term play, not just a get rich quick

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scheme. Exactly. And, you know, people are starting

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to think about Bitcoin as something they can

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hold on to for decades, kind of like a digital

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inheritance. It's pretty wild when you think

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about it. Speaking of a censorship resistance

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to our value, what about Noster? Like, I'm starting

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to hear more and more about it. What's the deal?

00:12:48.080 --> 00:12:52.480
Okay, NOSTR. So it stands for notes and other

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stuff transmitted over relay, which I know sounds

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super techie, but basically it's a protocol built

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for censorship resistant social media. And well,

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more than just social media, actually. So how

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does it fit with Bitcoin exactly? Is it like

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another one of those side chains or? No, it's

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not a side chain or anything like that. It's

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more like a way to build apps that are. truly

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decentralized and resistant to, well, you know,

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anyone trying to shut them down. So think Twitter,

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but like on steroids where nobody can really

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control the content. Oh, huh. So kind of a free

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speech haven. Exactly. And it's attracting a

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lot of Bitcoiners, too, you know, because they

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really value that censorship resistance. Plus,

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there are already a bunch of cool apps being

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built on Noster that integrate Bitcoin. Think

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Lightning Network Payments, for example. OK,

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that makes sense. So it's not just about, you

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know, shouting into the void, but actually building

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stuff that uses Bitcoin. Yep. And it empowers

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individual users. No one company controls the

00:14:03.259 --> 00:14:05.919
whole network, which is a big deal. So if people

00:14:05.919 --> 00:14:08.539
wanted to check this out, where should they start?

00:14:08.740 --> 00:14:11.440
Well, we've made it super easy for them. They

00:14:11.440 --> 00:14:13.799
can just head over to the bitcoinstreetjournal

00:14:13.799 --> 00:14:17.620
.com and click log in at the top of any page.

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You'll see a button to set up a Nostra profile

00:14:20.240 --> 00:14:23.700
really quickly, and then they can dive into that

00:14:23.700 --> 00:14:27.580
whole world. So as we've covered a lot today,

00:14:27.779 --> 00:14:30.379
we're curious what you, our listeners, think

00:14:30.379 --> 00:14:33.159
about all this. Yeah. Like, how are you approaching

00:14:33.159 --> 00:14:36.320
Bitcoin as part of your overall investment strategy?

00:14:36.539 --> 00:14:39.860
Are you thinking long term generational wealth

00:14:39.860 --> 00:14:42.279
or are you, you know, playing the shorter term

00:14:42.279 --> 00:14:45.899
volatility game? And what are your thoughts on

00:14:45.899 --> 00:14:49.019
the evolving regulatory landscape? Are you excited

00:14:49.019 --> 00:14:52.620
about the potential Solana ETFs or are you a

00:14:52.620 --> 00:14:55.980
little nervous about the government getting more

00:14:55.980 --> 00:14:58.120
involved? Because it's like it's a double edged

00:14:58.120 --> 00:15:01.679
sword, right? Clarity is great, but sometimes

00:15:01.679 --> 00:15:04.700
not all the rules are friendly to what we want.

00:15:05.259 --> 00:15:08.820
Exactly. And speaking of what's coming next,

00:15:08.919 --> 00:15:12.259
we've got some super interesting stuff lined

00:15:12.259 --> 00:15:15.580
up for future episodes. We're going to be diving

00:15:15.580 --> 00:15:20.759
deeper into Bitcoin mining, the whole energy

00:15:20.759 --> 00:15:24.580
debate around that. And we're also going to be

00:15:24.580 --> 00:15:28.059
doing a deep dive into some of the most innovative

00:15:28.059 --> 00:15:31.460
projects being built on Bitcoin. So stay tuned.

00:15:32.460 --> 00:15:36.220
All right. So that's a wrap for this week's Bitcoin

00:15:36.220 --> 00:15:39.539
Street Journal market update. Yeah, we covered

00:15:39.539 --> 00:15:43.820
a lot today from global tensions impacting Bitcoin

00:15:43.820 --> 00:15:49.059
to major corporations diving in headfirst to

00:15:49.059 --> 00:15:56.399
the evolving regulatory scene. It's like Bitcoin's

00:15:56.399 --> 00:16:00.309
not just. digital asset. It's like it's a whole

00:16:00.309 --> 00:16:03.269
ecosystem that's constantly changing. Absolutely.

00:16:04.169 --> 00:16:08.429
It's it's wild and a lot to unpack. So a huge

00:16:08.429 --> 00:16:10.769
thank you to everyone for tuning in. We really

00:16:10.769 --> 00:16:14.590
appreciate you spending your time with us. Seriously,

00:16:14.710 --> 00:16:17.129
we love having you. And don't forget to visit

00:16:17.129 --> 00:16:19.929
the Bitcoin Street Journal dot com for all the

00:16:19.929 --> 00:16:25.399
latest updates, news and analysis. And. And most

00:16:25.399 --> 00:16:29.240
importantly, head over there to set up your Nostr

00:16:29.240 --> 00:16:32.899
profile. Get connected, you know, be part of

00:16:32.899 --> 00:16:37.120
the real Bitcoin social network. Yeah, get on

00:16:37.120 --> 00:16:39.720
Nostr and join us there. We'll see you on the

00:16:39.720 --> 00:16:43.220
decentralized web. Until next time, stay safe,

00:16:43.279 --> 00:16:45.720
stay informed and keep stacking those stats.

00:16:45.960 --> 00:16:49.899
See you on the next one. Peace out, Bitcoiners.
