 Well, the Ethereum Shanghai upgrade has come and gone and we have weather storm. It's looking pretty positive I think that Ethereum has a lot of room to run all the way up to three thousand dollars. We'll take a look at why Especially since everybody agrees that inflation is now dead and what I'm talking about is there is a great website I'll link in the description. It is token done unlocks dot app and today We're looking at April 13th and we can just see how much Ethereum has actually been unlocked Since the Shanghai upgrade has come into play now This allows for people who have staked Ethereum all the way back in late 2020 to unlock their Ethereum and do whatever they Want to do with it now I need to make something crystal clear just because you are unlocking and transferring your Ethereum Does not mean that people are selling a lot of people would like to put their Ethereum into cold storage They want to know exactly where it is and have control over it after losing control Essentially for two years and locking it up So that doesn't mean things are being sold and the price action is actually looking pretty good The thing that is interesting me and of course on this website You can see just how much is the total pending withdraw the total amount that it has been confirmed or changed It's as to withdraw the estimated withdrawal. This is to use in the next 11 hours You're looking at 68,000 and we can just see that the total pending withdraw So far has been around two billion dollars again that hasn't all been sold I'm sure but maybe there has been people who have sold it What is interesting to me is the net staking balance? This is how much has been withdrawn over the time since the Shanghai hard work We're looking at two hundred and ten thousand Ethereum has been withdrawn in that same time You've almost seen a hundred thousand deposit. What does that mean? That means that people have a lot of confidence in Ethereum And if you have a staking balance of just around a hundred sixteen thousand negative That's a pretty good time frame for what has been going on. And what does that mean? Well, I mean the theorem actually went up in price of five percent and has now breached two thousand dollars. So Where do we go from here? It's anybody's guess, but there was a Great data point for on-chain analysis and it takes a look at the average price distribution of each state Who is in money who is not and you can just see that the people that have withdrawn so far the 20 For all that's a theorem that has gone out Right now the amount of ETH of when people actually Deposited that into the beacon chain again in late 2020 you're looking at a price of around between I mean from that that first time frame from three thousand three hundred is a pretty large amount of ETH almost around 120 million worth of it and The next price target is three five hundred. What does that mean? That means me personally if I don't hit these numbers I'm not a big fan of selling for a loss So maybe it might be hooves somebody to just wait for that price So that's why I think we have a little ways to run before the Ethereum price maxes out Now it's anybody's guess what's gonna happen in the next day week months ahead I know that the Fed has already talked about a pending soft recession But for me, I see this is very positive news for Ethereum holders and I will continue from Delacost average for quite some time That is what I am doing not financial advice Speaking of which if you would like to get a little bit more depth and insights It was me guy from Coin Bureau and Ben from the cryptiverse We went a little deeper into the Yixing high Bitcoin cash rate in US and Asia markets I will link that video in the description. You can check it out a lot of good information great stuff, so That is the first part for Ethereum. Now, let's take a look at his inflation dead. This is Steve Anki and He is an economist professor at John Hopkins University. He was on the David Lin report fantastic channel I definitely recommend you check that out and he is pretty much has been saying that inflation is on death's door And this is pretty much been confirmed and just take a quick Overview of what he said I will link this video description so you can watch it But basically what he says is this which is the same thing that Milton Friedman said Nobel Prize-winning economist. He said look Inflation we've talked about this channel many times is just it's a consequence of the M2 money supply or just money supply People printing money right treasury does that We got a lot of money in circulation and what happens we have high inflation and what he took a look at It wasn't the billions of dollars because we can see that over here when we've been printing like crazy here in the States We love to do that But what they took a look at is it wasn't the billions of dollars It was the percent change from one year ago and you can see just from this graph that yes We have actually gone down from a year ago now We are still pretty high from what we used to do but yes Inflation is going down because guess what surprise surprise We have less money in circulation as they take it out as they do a little bit of what called Fed tightening or quantitative tightening Also took a look at the bank credit for all commercial banks. We can see that yes It is massively high banks doing what banks do better reserve lending But if we just take a look again of what mr. Hankey was talking about percent change from one year ago Yes, it is down as well, but it's still high in billions of dollars. So that is just the one aspect Also, we know that if we take a look at This is from true flation and what they use as they use chain link, which is an oracle which pulls in data Real-time data and they've been saying for a long time that Inflation in America is actually going quite is down quite precipitously and we're gonna see that Over here. We pretty much hit our peak at almost 12% on June 18 2022 and just been plummeting ever since Now it's time for the Fed to catch up So that is just that part on top of the fact that we just got the producer price index data in and The producer price in an index is the precursor for consumer price index PPI is a selling price received by domestic producers for their output and guess what? PPI is in decline half a percent in March goods fall 1% services decreased by 0.3% this is actually echoed by Jim Bianco great Analyst Ray talks again on Bloomberg that look We've got these these rates Inflation is going down. The real question is not so much about the rates themselves But how long will the Fed continue higher for longer? He didn't say anybody cuts. It's pretty interesting I will link this video also in the description. It's a very quick about a minute or so, but he's like he agrees essentially With hanky that's a yes inflation is knocking on death's door. Is that true? Well time time will tell but I think there's a lot of good positive aspects and maybe 2024 could be a pretty good year and then also just to To finish up a couple of notes of news that's happened Twitter Oh my you on musk just partner with eToro now if you see this headline you think yourself Well, that's pretty big Rob. Well in actuality. No, it is not What this is going to allow starting Thursday at day a new feature will be rolled on the Twitter app It will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro, ooh And the statement is you'll be able to click a button that says a view on eToro Which takes you through the eToro site and then buy and sell assets on his platform. Look, this is not a big deal Quite honestly, it's not gonna allow you to purchase it through Twitter You probably have to go through eToro you're probably gonna have to go through KYC and AML and you know what Twitter will probably get a referral fee Is that wrong? I'm not saying that's wrong. We're saying that's what it is But I know some people are gonna talk about this and go that is the greatest story of all time I don't really see it pushing adoption anywhere further. It's just going to funnel people to eToro Let me know where I'm wrong, but I think they could have done better on that one and then lastly This is interesting actually Solana is putting out their new Solana phone and I had signed up for this to get notifications I put a deposit down now. It's for $1,000 one thing to note about this this web 3 phone It's built on Android Android 13 and I'm curious to see how this actually works and how it's better than any Android phone out there I'm really curious to see if this is gonna be something marvelous or just a massive dud So I will probably look into that and probably might pick it up and see what it's all about But that is it for the news and lastly I want to just share with you There was an interview that I did this is with Tyler spalling no Tyler spaulding He is the founder of amp the cryptocurrency and then flexa for payments processing and ampera and These three products combined. I think they're gonna change a lot of different things now Tyler Interesting guy. He is of course the founder. He was also MIT alum He's also helped with NASA and the Mars Mars mission and he's also a whiskey maximalist So smart guy smart information and I'm gonna have you take a listen to what these three things are and How things are progressing and then we'll come back. Just take a listen. This interview is about nine minutes Thanks for having me Yeah, I'd love to talk about those things pretty much any time. So like So, yeah, currently I'm exclusively focused on and para which is a new collateral protocol that will be Hopefully people have used or will be launching some of the other features soon Flexa is the largest digital payments network pure digital payments network in the world The lots of people are now using to Spend crypto in real life at real, you know large stores all around the US and other countries and so Amp is a token that's used as collateral within the flexa network and that's really a way just to allow the network to work without any sort of risk and there's a real That's an in payments having a payment actually go through depending on where it's coming from all the conditions of clearing it is So much more complicated than anyone will even care to understand or if right frankly, you don't want to understand and so making a payment there's so much risk involved in that and so Flexa the team behind that as you know decades of experience in payments understood some of the real complexities around How you would integrate within a point of sale? What other sort of assets then could be used? How do you? Sort of make this seamless with the existing hardware and software no changes nothing else new for a merchant Right. Otherwise, it's just not going to work. It needs to be table stakes of straightforward as absolutely easy as possible. And so that's what flexa is basically Delivered and we've been so incredibly proud of how that has worked and then now on the emperor side In understanding how to expand You know payments digital payments and even more generally a payment or sort of a digital transaction more broadly We created and para which like I now exclusively focus on as a separate organization A new foundation set up building a defied primitive from the ground up That's just really really simple around how you can lock collateral and create letters of credit But then you can use in any sort of transaction and we would hope that in the future Flexo would start using that as well as a way to now grow their network even faster than before Because it's something we think that is so powerful As just you know a separate protocol That's more extensible to different types of apps and smart contracts and you know having so many more wide uses Making payments better and then anything else that sort of related as well Gotcha, so then just real quick. So flexa I'd like this app because I have to pay transaction fees Stripe PayPal where we want to use you're looking at between 1.9 and 2.9 8% plus 30 cents for transaction fee So you can use something like this where it integrates a bunch of different cryptos And then they can just pick the plethora of ones that they want to use Put it into the payment and I get paid and whatever I want to be paid in So I I like this whole part. I like amp. I like emperor, but I really should ask the big question Which is this Tyler? Who are you besides the co-founder of flexa? Where do you come from and why are you a whiskey maximum list? Which I do I got to tell you I appreciate that on your bio Yes, I'm actually not a bear is I guess many people Often suspect I I just love bears all the different types of them You know even just being able to visit and seeing them now in nature That's just a totally side passion that other people ever want to talk about completely game for but that's where that actually comes from It is more meaningful but no, I'm just I've been a technologist now since Well, I started my first company an e-commerce company in 1996 Then yeah, yeah, right. It's came and really think about how long ago that was then another CMS Company back-end technologies for e-commerce started that company Worked is a hardware engineers. That was a kind of a aerospace engineer by training. So I worked at NASA for a few years on the space shuttle program Worked on the Mars crew module. I worked the United Space Alliance I worked for all different sorts of entities around just building really really really cool Knowledge of vehicles and other products then for you know space exploration transportation that I'm super super passionate about Then built a couple of other software companies In personalization relevance engines then in payments and just kind of keep going with that and and now I got in crypto Early 2011 so and have never never left in fact have doubled down and quadrupled down in terms of time money building Everything since the very beginning and I realized that how significant this technology could start to become and so in working now to build out flexa Yeah, a large digital payments network and now into Impair a sort of a more generalized protocol to enable, you know products like flexa and then hopefully considerably more beyond and then I Really love whiskey In terms of just all of the various articles I don't know why but it's really the only one that I like and so that is just I have to be very straightforward I don't drink wine or beer or Any other types of spirits, but I will talk to you probably for days About whiskey should anyone care? I've been to probably maybe the top 75 80 distilleries globally Been there who are there have you know exclusive bottles from there been a collector for more than 20 years So I have more than a thousand bottles of whiskey It's yeah, it's I would say it's a passion a lot of people, you know, my wife calls it a problem But that's it's always a matter of interpretation right like perspective That's exactly right. You son actually son just let my brother is a big whiskey drinker himself So so tell it just real quick so because I know you're a busy guy to get out of here But there's been a couple questions of course when I I said I was gonna interview you I got a bombard Platter of a question Here's one from an imp dude When big box retailers when big banks want anything and then also there's one does a couple from Danny D When's the white paper for Tampere and they're gonna do testing. So what can they expect? So just a couple questions for you before we get out of here Sure the to the first one it's something that again, you know the large a large merchants or the players will be able to dictate their schedules and how they're participating in this greater ecosystem. I think a lot of 2022 is very challenging as I think anyone could Appreciate of what had gone on in terms of some of the clarity or the enthusiasm or just how things be really meaningful to a business Where you look at certain assets that maybe didn't survive right that might have been very interesting as a payment asset, right? so all of that sort of Dust is starting to settle I think in terms of not only like legal clarity But then how some of the stuff can be used and where some of the benefits can really be realized So is absolutely impossible with a timeline, but it is one of those things That's getting more and more inevitable in my opinion that these merchants will be starting to accept these sorts of payments natively Much sooner than I think people expect You know and I and I also hope that flexa is a major part of that going forward and that's what flexa has built and has been working with Large merchants from the very beginning to facilitate that and you know I still believe that's the best product out there by a very very large market and working closely with merchants to deliver that so So yeah, that's one of those things that's just so hard to really you know You know put any sort of a timeline to because it's you know, not just one entity, but It sure does look very interesting and promising I would say gotcha And then I guess those other questions on Impair a white paper product testing That is all I'd say everything is probably 80 to 90 percent done All the smart contracts have been done, but now you're in the phase of You know full full auditing getting other people to really hammer on things making sure it's Again, we care so much about the security of the assets. I'm not losing anything and so and the functionality It's so critical So we're going to all this testing and then when it's now ready for you know public to be used We'll put everything out there. So the white paper will be in conjunction with that. We don't want to be this All these things could potentially come someday, right? We really want to put it all out together Here's exactly how it all worked. Here's all the information all open source and really kind of put everything as the package Rather than trying to lead into and insinuate various things. We're like, no, this is this is it's a real functional thing All live people can use that and like that's what we're we're looking towards Yeah, all right. Well, that was a great summary. Thank you so much So like what we're gonna do is that we had a discussion beforehand and I'll be releasing little little pieces of that a lot of Great info behind the scenes. So Tyler again, thanks for coming on the show We appreciate just to understand what you know amp flex an amp or actually is so we'll see you see you back here soon. Hopefully Fantastic. Thanks for having me All right. So Tyler. Thanks for stopping by. I do appreciate it was very interesting And I will just tell you guys some information, which is this me and Tyler talks for about an hour Before that interview fascinating stuff. So what I'm gonna do is I'm going to slowly release those clips The things that me and Tyler have talked about and it was everything as far as maximalism with Bitcoin is going Why they chose Ethereum some other important piece of information that I just couldn't squeeze in and I'm just gonna just clip those out That's pretty interesting. I think it's a product to watch now Is that the product for you to buy and sell your house and kidneys and kids to get into? No It's not a saying saying it's very interesting Maybe you should do some more research on it and check to see if it's something for you But that's it for today. So look, thanks so much for stopping by. I appreciate it like this video Give it a thumbs up like and subscribe again. This is not a sudden and forget a type of market You really should be up to date with what's going on. So consider subscribing might help you out Thanks so much for stopping by. I do appreciate you and I'll see you on the next one