 I don't get too excited about things. I don't get too bullish too fast, even as we saw yesterday with Grayscale winning their court case against the SEC. But today, we're gonna talk about something that just broke out, which is SWIFT, the Society for Worldwide Interbank Financial Telecommunications, SWIFT. They were able to successfully tokenize assets and transfer them across multiple blockchains using Chainlink as an oracle using Ethereum and Avalanche. And that, my friends, is a pretty big thing. So first of all, welcome everybody. Thanks for stopping by. I usually don't do live shames during the week and I usually don't do two live shames in a day. This morning, we actually did our usual show of NFA Live and you can, I linked that in the description and you can check it out. It was me, Guy, and Ben. And the things we're gonna talk about are really relevant to what we're gonna say today or right now. But the reason why I did this second live stream is one that was big news, but really what it came down to is this. I was supposed to be doing a Tangem wallet giveaway and I said it was gonna be this Thursday and I totally forgot about it until people reminded me. So we're gonna do a Tangem wallet giveaway right here live on the channel. And we'll get to that at the very end. So the thing is I didn't want to do a live stream and just put in there, hey, free giveaway because it looked like a scam. So I said, well, I should at least do some news. I was perusing the news and Twitter and I found this and I was like, wow, that's a pretty big deal. So here's what we got. Let's break into it. So Swift details, findings and tests of chain links, crush interoperability and this is great. This is big, right? This is fantastic. Everybody's excited. And this is what we talked about on the show today about, we talked about not this particular case but about the SEC losing against Ripple. They were losing, they just lost against Grayscale and how big it was and how the market did Zippo Zilch. And we got into the whole thing about M2 money supply. We got into about liquidity. We got into it about the sentiment of the market and it all pretty much makes sense. When people talk about this is a bull market. This is a bull run. Is this really a bull market? Cause it feels pretty bearish. And today, all this great news that we have, here's what the price is doing. And you have to understand that that is just the nature of the beast right now. And we talked about this, as far as like investors, what they're doing, why they're doing these things. Everybody's nervous about a pending recession. We don't know what's gonna happen with Ukraine. We don't know what's gonna happen with China. And they're ever collapsing economy, especially with Evergrande and then filing chapter 15 for bankruptcy. So I get it. But the things that we talk about today, the companies, the institutions and the people that make it or build in the bear will crush it in the bull. And right now, this price action, I couldn't care less. I still dial the cost average. It's the same thing every day. Nothing changes. Only that that really changes is when do I think there's actually gonna be a massive bull run, but that's not it. So today, yes, we're down quite a bit in last hour and last 24 hours. I mean, Solana's down 4.7, Polkadot's 5.4. Let's see, I think Avalanche is down 3%, which is like the big thing for this article. 1.6 for Chainlink and 4.5 respectively. So here's what we got. So, Society for World Wild Inner Bank Financial Telecommunications are swift on Thursday, that's the day. Announced successful experiments with tokenized asset transfers across multiple blockchains. New series of experiments revealed that Swift's infrastructure could potentially eliminate significant friction hindering the growth of tokenized asset markets. And I gotta tell you, the thing that we're talking about here, this is what Larry Fink talked about from BlackRock. He says, the future is tokenized assets. It is the ability to tokenize these assets, put them on the blockchain and have anybody anywhere buy them, sell them short, long, whatever they wanna do, globally. And it removes the actual friction and it makes it cheap and actually easy to do. And he actually talked about that as far as ETFs is actually bringing the price down. That's what's gonna happen with Bitcoin as far as the amount of trading and buying of that asset. So, Global Inner Bank Messaging System, which would be Swift. They connect over, I don't even know this, 11,000 banking and securities institutions to cross more than 200 countries. The thing is Swift is, it's really just a messaging service. Like when you move things across, did you get that? I got that. And of course, everything has to be funded throughout the different hot points and intermediaries across the different banks. And it's pretty much Swift does. And it's been around since I think the 50s or 60s, maybe even before then, correct me in the comment section. But Swift does play a pivotal role in financial communication. So they're finally catching up the speed. Like, I don't know what happened in the last couple of years, like, I don't know what happened in the 90s or the 2000s, but like, we're just gonna skip that and go right to blockchain. Great. Swift identified one of the key challenges facing investors and institutions, which is a lack of regulatory clarity remains a primary obstacle. Just here in the U.S., it seems like Europe, Australia, Southeast Asia, they seem to get it. For some reason, we got this guy named Gary, just doesn't stick. And this is fundamental to any commercial solution. And a lot of these complexities, Investment Bank City, I think that's the number fourth or fifth largest bank, projects a booming future for the tokenization market, estimating its potential value to escalate to between $4 trillion and $5 trillion by the end of the decade. Let me say that again, $4 trillion and $5 trillion. Do you know we top that at like $3.2 trillion for the entire crypto market in 2021? So, hey, I'll take $4 trillion more. In June, Swift announced its aim to link private and public blockchains. Did you know that? They got private and public blockchains. Public blockchains are what we're used to. Private are just the institutions and the corporations. Not all institutions. I think it won't really work, but in certain situations it could. This is in a trial collaboration with Chainlink, because Swift and Chainlink have been at the hip for quite some time. And major financial institutions like BNP, BNP Paribas and BNY Mellon. Again, I think BNY Mellon is the oldest bank in America or globally. It says the collaboration has effectively shown its capability to serve as a unified access point for multiple networks using secure and existing infrastructure. Experiments were connected on public test nets, Ethereum, Sepolia, Avalanche Fuji and a private quorum blockchain. It's now clear that both top global banks, and this is a quote from Sergey Nazarov, the co-founder of Chainlink. He says it's now clear that both top global banks and leading market infrastructures believe there will be greater adoption of digital assets across the entire banking industry, and that this adoption will happen using multiple different blockchain tech at the same time. So look, for everybody out there that's going, my chain's the only one that can do it. My chain's awesome, this is it. Hey, we might have multiple winners, that's pretty good. And this is big news for me, quite honestly, because I'm heavily invested in Chainlink and Ethereum and Avalanche. So if they understand on this channel, I'm super biased. And the things that I talk about are things that I own. So just so everybody is aware of that, we can move forward. So let me know what you think about that in the comments section. I think it's a pretty big deal. And then also, I just wanted to, talking about this, about cross-border payments, there was a great video. I don't know if you know this guy. His name's Peter Zahan, nailed it. And not a big advocate for Bitcoin. He's been on a lot of different shows, not a big advocate for crypto and digital assets either. And he's been on Joe Rogan many a times and just pretty much says that Bitcoin is ridiculous and doesn't need to be used whatsoever. And I can respect that. I have no problem with Peter. As a matter of fact, I subscribed to his channel, gave him a thumbs up on this video. It's a very, very interesting video that he put out. And he says, digital currencies have a big problem. He talks about FedNow. And you know what? He was absolutely right about FedNow. He was. And pretty much he says, he's like, look, FedNow is gonna take over everything as far as like payments. And he's right. FedNow as far as like payments in the USA. But the most part, I mean, FedNow is super cheap. If you don't know, like, if you're gonna use like a Stripe or a PayPal or different parts of the bank, like just for me, Stripe and PayPal is 2.99% plus 30 cents per transaction fee, sometimes 1.99%. If you're doing $100,000 in transactions, just it pretty much adds up, right? You can use FedNow, which is essentially using the Fed window to move money across. Great. And Peter talked about that. And then he didn't really say much about anything else, but this is the thing that I think people will watch these types of videos. You know, talk about digital assets or cryptos, digital currencies, he says. And they'll just kind of write off Bitcoin and Ethereum and Chainlink and everything else because they're like, well, you know, this is the thing. And that's the nuance of stuff, right? And I couldn't let them get away with it. Not get away with it, but I had to just put my two cents in. And I just pretty much said, I said, look, I go payments globally are still going to use something and blockchain tech is the best part. And then I pretty much said like this, I go, look, if we're gonna talk about stores of what the use case for Bitcoin, and correct me if I'm wrong here, but Bitcoin I see is like a long term store value, not a short term store of value. I said this in the comments, you can watch the video and comment yourself, don't get too hard on Peter, he's just trying to do his job and do his YouTube. I said, look, I go, it's a long term store of value and people want to put in the dollars and use that for Fed, now that's fine. But remember, if you go all the way back and oh, say the 1950s, what could $20 buy you? You could buy you a boatload of stuff. Take that same 20 bucks, what's that gonna buy you? So yes, in the short term, it's a good store of value, especially if you're in Turkey, Turkey, Turkey or Venezuela or different third world countries where your currency is getting debased, totally understand that, right? But if you look at a long term store of value, 1950, 20 bucks gets you a lot. Today it couldn't get you squat. You can get a couple of happy emails, maybe, I don't know. But if you take a look at the long term store of value, let's take Bitcoin back in 2012, which was worth about $20. One Bitcoin can get you about 20 bucks or 20 bucks to get you buy you one Bitcoin. However, today, in roughly 10 or 11 years, what could one Bitcoin get you? Well, it's like 26, $27,000 could do pretty well. So I understand where people are coming from. I just feel like there's a little bit of nuance and go from there. So again, check out that video, it's pretty interesting. And then just to finish up before we get to do the giveaway, Nansen defends its avalanche research. And we were just talking about avalanche after crypto leaks accusations. I'm just gonna cruise through this one. They pretty much just said that avalanche is great in their report. But then crypto leaks quoted ourselves when a senior Nansen leader saying you would not invest in avalanche due to the fact that most of the traction was faked and centered around a very few users. That could for whatever else it is. And then they talk about how the reason why Nansen went so heavy and positive and rosy was because they had a financial interest into avalanche. So I just want to point this out that if you're a believer in avalanche or not, make sure you understand where the information's coming from. Like I tell you in the beginning, the reason why I'm talking about Chainlink and Ethereum because I own it, I'm super biased. So just be aware. And then also more good news, somewhat. Getting back to the Zahan thing. As far as digital assets. So Thailand's gonna use utility tokens in a bid to boost the ailing economy. The tokens will need to be spent in local businesses within a four kilometer radius of the recipient's home over a six month period. Here's what's going on. Thailand's fee type art nailed it will reportedly use utility tokens for its upcoming digital wallet scheme. So Thailand's gonna roll out their own digital wallet aimed at stimulating its national economy. Apparently their economy's in the toilet. This was promised during the party's election campaign. Oh man, there you go. You get mixing politics and economy digital assets, rest before disaster. It would provide 10,000 baht or $290 in the digital assets to all ties aged over 16. Hey, that sounds like a STEMI package. You should talk to us, we know about that. Those tokens would have to be spent in local businesses within a four kilometer radius of the recipient's registered address within six months. However, don't get too, to hope the amount. Based on blockchain tech, it is unclear whether it'll be featured on a permissioned or permission list ecosystem. But again, going back to that Swift story, could be one or the other, could be both. But I just wanna see things moving forward as far as digital assets. So I think that's pretty good. And then latest news on NFTs, NFTs, ETFs, excuse me, is I know we just heard a, there was a report that came out that said that the ETF could be approved by up to 75%. Now, two analysts, Eric Balchenas, James Safert. Eric is a senior ETF analyst for Bloomberg. James is a chief financial or CFA, CIA ETFs, Crypto Asset Management. And they say, Jeff and I are upping our odds to 75% of spot Bitcoin ETFs launching this year, 95% by the end of 2024. This is of course their history. So I know people are loving this and they wanna see a Bitcoin ETF. And I just said, hey, I believe it when I see it. So that's good news if you're big into the spot ETF. And that will conclude the news today. Now let's get to the interesting part. Let's give away Tangent Wallet. So if you don't know, there's a link in the description you can get Tangent. It is not a paid for post. I actually just wanted to have some diversity from my nano ledger. And I bought their cold storage wallet. It was only like 45 bucks, it was super cheap. And it took them five weeks to get to me because they were so sold out because of the problems of ledger. And of course we know those issues with ledgers. Some people don't trust them anymore. Some people do. I'm not here to debate that. Just saying that I diversify. And I got a tangent. So there's a link in the description. It's an affiliate link. If you can't stand affiliate links, just go to tangent.com. But if you do, you're gonna miss out on 10% discount. And I also put in the deep dive video. So on a tweet I put about a week ago, I said, just do you want a free one? Comment and retweet this post, follow Tangent. Watch the live stream on this Thursday. I put the wrong date as well. It's supposed to be August 31st. And I said, I'll give a tangent all the way. So let's do that right now, shall we? So I'm gonna use this thing called Twitter Picker. Twitter Picker.com. It's very simple to use if you have nothing else going on. You wanna use this tool. So you just paste and bear with me. I've done this like three times and still haven't figured it out perfectly. So here's a tweet. The winner is gonna be one. Must follow at Enderm and at News Asset. Profile must have a picture. The count age must be at least a month. Hopefully it's not a bot. We will see. And click on continue. And it's gonna pull in all the potentials. So remember, you had to retweet it. You had to follow Tangent and Us and News Asset. And it looks like we got 161. And we're gonna take this, step three. Let's draw. Begin the draw. Hey, congratulations. Retro Vox Vintage. Smooth. Let's search for you. And there you are. And you follow me. Look at that. I'll follow you and I'll send you a message. So if you're a scammer in the scam section, don't try it. I'm gonna message retro directly and go from there. And that is it for today everybody. So look, if you like today's video, give it a thumbs up, consider subscribing. I think two streams a day is a little touch much, but how to do it. But that's it. Thanks so much. Hit the like on the subscribe on the way out. If you want to, we'll do a quick 10 minute Q&A and go from there. And that's all she wrote. So anybody have any questions about what's happened? Panda Pies says congrats. Although it's always a hollow congrats. Every time somebody wins something, I'm like, yeah, congrats. Wish I would have won. And let's see. Check out Rob's website. Theanteedyscrypto.com, 100% free. It always will be free. Did he say they win? Could use that line Rob, build a bear. Yes. Ryan's got a great question. What happens to the tangent app ceases to exist? I answered that question in the deep dive. As a matter of fact, if you are looking in the description right here, the tangent deep dive video, click on that. It's kind of technical, but it's pretty easy enough to understand. So check that out. Kerry Gensler, I don't know, but one of the congressmen Warren Davidson called for him to step down or to be fired. So we'll see if that picks up any steam. Hopefully. Capocan says, Dan's not your dad. That's very true. This is not financial advice, also true. Fan says, short of saying it's for sure, 95%. Yeah. Everybody still thinks it's like a lock, except me. We'll see. Now, Sin City is starting. My guy's over there in Vegas. Oh, a random tutorial says, Solana's going to 20 bucks now and I'm super excited. It will go back to all-time high sooner or later and the lower it goes, the more I can get. I think the whole time, I was like $212. So if you're buying under 20 bucks, I mean, it could be a 10X or it could go to zero. That's my little disclaimer. I don't think it will, but you know, that's it. Mark Johnson says, this sucks. It's boring amount. Bitcoin really is over. Yes. I love this statement. I heard this statement in 2018 and 2019. And then I heard it in 2022 when everything was going down the tubes. I heard it when it was in November of 2022 when FTX collapsed. Yeah, it was fun, fun times. And then, you know, we rallied up 80%. We rallied up 80%. Gosh. In six months. Mark Johnson says, Voyager. Ah, yes, my favorite topic, Voyager. The platform that I recommended to everybody. That's true, I did. And if it wasn't for the fact that they're a public-eutriated company and they put on their balance sheet, they did a $620 million loan to three hours capital two weeks before they collapsed, I never would have known. Thankfully, since you follow the show, Mark, that I put a video up during that same time. And there's a link in the description. You can find the link. You can find that video and go from there. Now, did my funds get stuck? Yes, did my funds also get stuck? Yes, yes, yes, they did. So it's, yeah, it's just one of those things. It bothers me that Voyager thing bothers me. It still bothers me. But, you know, what can you do? You had the CEO come on your show, why ride to your face, everything was great. And things were great until they're not. I will tell you though, the two years that I used it worked fantastic. The yield was going pretty well. The problem was that they were trying to keep up with Celsius and they screwed themselves because they were trying to keep up with the Joneses and Celsius was a damn Ponzi scheme. And they were trying to keep up with the Ponzi scheme which was unsustainable. And they went to the dark side, the three hours capital who gave them a sheet of paper and says, we have collateral and they wrote in crown or something. So here we are. So yeah, I'll never get away from that. Which is how it is. And that's okay. Because the green students still work. Hello. Still works, green screen. Oh yeah, Louise, thanks for responding with the integration of future integration between LinkedIn and Pinterest. You're welcome. The Shaolin says, I think we'll head into deflation. Not disinflation, but deflation, which will be a very dangerous situation where winning all the prices collapse. And then we don't get paid or that people can't get paid. And, you know, it's a big vicious cycle. So my Jay Powell keeps looking in the rear-view mirror to make future decisions. I mean, it's a potential. I don't think so, but I mean, I didn't think they'd be raising rates this high for this long, so whatever. Yeah, yeah, my challenge is now I gotta go back to work. We all gotta go back to work. That's true. You can't control. It's really, these days is just like a real, let's be honest, it's spray and pray. Money gets put out, like hopefully it works out, but there's so many. I mean, even like, I mean, even bitcoins is risky. I don't think it can go to zero, but there's risk involved. But there's risk involved with everything, just the varying percentage amount of the risk itself. So, question, is it time to dynamic DCA a bit more? I don't think so. Let's see. First of all, and I'm not supposed to show much of this, but dynamic DCA is just nothing more than taking a look at the risk bands. And if we go to the charts, you go to crypto, time and risk bands. And you can see the time and risk bands, it's total market cap, all market cap, Bitcoin. I'm not gonna show you the rest of this stuff, but today Bitcoin is currently in the 0.4 to 0.5 band, which is over here. Now, if we start to, this is just time in. I mean, it's sliding down, but I think it doesn't get into the 0.3 to 0.4 until around 24, 23,000, somewhere around there. And then over here, it only gets in there to like 21,000, somewhere around, something around that. So what I do is, as far as dynamic DCA, and this is, if you don't wanna listen or don't wanna do this, that's fine. It's just a little more advanced. It's not that tough, but it's just, some people don't just hate it, or don't hate it, but they're not really keen on the idea. They just want a dollar cost average, put their 20 bucks in a week, and be done. Or $10,000 a day, whatever they do, I don't know. So you just put in like, let's say it's 20 bucks per day into Bitcoin. And you look at this and you go, okay, well, this is my starting point. This is the most days, so 20 bucks. And then as it gets more risky, I put in less. Maybe I put from 20 bucks to 15 bucks over here, then down to 10, then maybe five bucks. And then over here, maybe I start to think about selling because it's getting way, way overheated, right? Flip size is the same thing. You start to time and risk bans. The price starts to decrease. It goes back to the normal, the norm for what it actually is. And then all of a sudden there's a black swan event or something happens, Gary wins a case finally, and then you're down to 0.2. So now instead of spending 20 bucks a day, now you're spending maybe 30. Or maybe even go ballsy and just double up go 20, to 40, to 60, then to 80. Or maybe just go 20, 30, 40. It depends on what you wanna do. And that's pretty much it. And then if you just, over time, we've got a large amount of data points because this is going back to 2010. It's a lot of time points to say, well, this is the most when it's actually in. And that's it. If you're looking for like further guidance, there's a link in the description which talks about dynamic. Or actually, if you're looking for further guidance, the easiest place to find all this stuff will be is I show it to you. It only costs one Bitcoin per month to be a member. I'm just kidding, it's free. And let's see. And we've got the basic safety, investing, reviews, metaverse gaming, so investing. And actually what's a good one is the bull run exit strategy. That's a good one to see. And then all the different indicators that I use. And a lot of these indicators are on looking to Bitcoin, which is free. Time and risk, that's Ben's thing. That's on Ben's site. And then just so you know, you can sign up for free and that dollar cost average tool, I know you guys are sick of hearing this, but you've signed up for free and you use the DCA tool longer than regression, all that good stuff. And you get a weekly newsletter from Ben. That's pretty good deal for free. And he's having a sale right now. And you can do monthly or six months or yearly. It's like 19 bucks a month. But if you go six months, it's like 13, it's not that expensive. So back to this. Hey, there's the mooch. That was a good interview. The bot effect. It is, how's the path? Oh, okay, right here. Sorry. When to buy less more of Bitcoin and crypto. This piece right here. So hope that helps. Yeah, a pen is on the light plan. Go on heavy. Cute doge. Oh yeah, it's my dog. There's a tent. Yeah, there's that. Just watch the detail video and it goes over all stuff. Look guys, I don't want to keep you. I've been pretty heavy today. So that's it for today. So look, thanks so much for stopping by. I appreciate you like today's video. Thumbs up, subscribe, all the good stuff. And then I will be in Korea starting on Saturday. So if you're in Korea, just for the hell of it, stop by Korean Blushing Week and say hi. And I'll be there from Saturday to Friday next week. So a lot of interesting interviews lined up and I'll let everybody know that works out. So that's it for today. Thanks so much everybody. I'll see you on the next one. Adios.