🚨CRYPTO MAKING NEW MILLIONAIRES! WILL YOU BE NEXT? AI AGENTS USE CRYPTO!

It's been so boring, so aggravating, so annoying. I'm sure many of you are feeling it, and I see some people getting bearish. I'm not bearish. I'm still bullish because I believe we are in a macro bull market for crypto stocks, real estate and so forth. But market cycles have to play out. I've been in this market since twenty sixteen. I've seen multiple bull markets and bear markets, so, folks, I've seen this story before, and we have to be patient and way through all of this sideways chop and

boring action. Right And I know we're all waiting for higher prices and it will come, but remember we are still in the having years. You go back and you look at the history of bitcoin, things really start taking off as we get into Q four of the having

year into the next year. And here is a great chart that was shared by Dan Hill, who is bitcoin og And what this chart shows, folks, is bitcoins price action after the US elections, which once again ties into the normal schedule so to speak, or movement of the market that we've seen in the four year cycle with the having. Now we know the having itself is not

the major catalyst. It's global equidity. And global liquidity is usually pumped by the incumbents sitting in the presidential election chair who want to have the stock market and the economy look as best as possible. So right now we are on track and we're actually at a normal pace compared to the past market cycles. And the chart shows that after the US elections going into the new year, you have significant movement from the markets. You can go look this up on Trading View folks and look at

the bigcoin charts and it will show you this. It's pretty amazing. It's cyclical, right, and that's because once again, because of global liquidity, the money printer that's used by the sitting incumbent and the whole process of politics and making things look good for the election. So we just

got to be patient, go through the cycles. The Fed is going to cut rates next month literally tomorrow's September, the first of September, and we're going to see possibly some additional liquidity injections from Janet Yellen at the Treasury, which we've been tracking over the past year, and she's been doing it. I call it q E two point zero stealth QE, and it's backdooring of liquidity guys. And they're going to go back to the normal quantitative easing

money printing stuff. But they've been and really trying to protect the economy as best as possible because we are in a place where things are not great. And I'm not saying that because I'm a Republican or I'm a

Democrat or whatever. I'm just stating the fact. So I know, we are in a very hyper politicized moment and people you know right away if you say something, oh, yeah, Harris is crazy or Trump is crazy, where they bring in the political candidates versus looking at the macro and that regardless of who the candidate is, these are things that happen from a cyclical standpoint, because of the dynamics of politics and power and the money printerion, all that jazz.

So I'm expecting, guys, as we head into later the latter half of September into Q four starting in October, we're going to start to see the markets move. And remember Bitcoin was ahead of schedule this year because of that Bitcoin ETF buying from all those issuers right Black Rock and so forth, so it ran up very fast. It hit a new all time high before the having

never did that before. So the cool down and corrections we're experiencing now are actually helping us get back on track and on pace with how the markets have moved historically. So this is a great chart and just another data point that shows us where we're at in the cycle. Guys, Barren released some interesting data on crypto wealth. It's titled Worldwide Crypto Wealth Statistics. Nate Jerasi of the ETF Store

summarized it a bit. He said, the number of crypto millionaires nearly doubled to one hundred and seventy two thousand, three hundred in twelve months ending on June thirtieth, so earlier this year, now three hundred and twenty five cryptos sent to Millionaires twenty eight Crypto Billionaires. Very interesting, folks. Crypto is minting a lot of millionaires and billionaires, and

will you be one of the millionaires. I don't know how many of you listening or watching to this have enough crypto acid holdings where you can hit the billionaire category, or maybe you've been compounding going back to twenty eleven twenty fourteen when bitcoin is very cheap. But I don't think any anybody listening is in that category. But some of you may be in the millionaire category come the

peak of this cycle as you start taking profits. Now you have to take profits or you know, it's just your gains on paper, which can easily be reduced if you go into the bear market cycles. So this is fascinating, and I think we're going to see more and more of this and as people start to diversify into bitcoin and crypto. So this is really fascinating, folks, and I'm hoping for all many of you watching and listening that

you enter into that millionaire category. Folks. A great place you can buy crypto such as bitcoin and all coins is an uphold. This is a platform I've been using since twenty eighteen. They have two hundred and sixty plus cryptocurrencies. They're available in over one hundred and fifty countries. You can also trade precious metals on this platform, such as goldsilver, platium, and platinum. One of the great features of uphold is

that it is fully reserved. They don't com mingle or lend out your funds, and they have transparency reports which you can go and review and audit yourself. So this is a great platform. Once again, I've been using for a long time, so I can vouch for it. If you'd like to learn more about uphold, check out the link in the description Now folks, Today, Brian Armstrong, the CEO of coinbase, tweeted out a great article that he

pretty much wrote on x articles or Twitter articles. The title is ais are now paying other ais with crypto folks. This is huge. We know AI is part of in this tech industrial revolution that we're in right with AI, blockchain, crypto evs, you got robotics, there's so many things happening right.

It is indeed the next industrial revolution similar to what took place in the late eighteen hundreds into the early nineteen hundreds, and AI and crypto and blockchain, and they're going to share a very symbiotic relationship or have a very symbiotic relationship where crypto can be used by AIS to process transactions and do payments and so forth, and you can use the blockchain to help police AI. So this is going to be a big part of the future and how we operate and how the economy will

run and how businesses will run well, Brian said. This week at coinbase dev we witnessed our first AI to AI crypto transaction. What did the AI buy from another? Tokens not cryptotokens, but AI tokens words, basically from one language learning machine to another. They use tokens to buy tokens. AI agents cannot get bank accounts, but they can get crypto wallets. They can now use USDC to stable coin on base, which is Coinbase's layer two for our etherorem

to transact with humans, merchants or other AIS. These transactions are in then global and free, folks. This is going to be a big part of crypto adoption in addition to other things. But as I'm sure many of you are already seeing on the horizon, there's going to be tons of AI agents in different industries and different niche doing different things, and part of how they can participate in the economy, they have to be able to transact

and make payments and receive payments. And as Brian mentioned here in the article, they can't open bank accounts, but crypto wallets they can have that. So I hope you see where we're headed and what a big part of the economy stable coins and crypto and blockchain will have even for AI agents, right, and remember, in order to

verify all these things, you need the blockchain. So this makes me so bullish for the future application of crypto, not just tokenization of all those assets and traditional financial assets that we've been talking about for a long time, but also the fact that AI agents can use these things. And look, the world's going to be a very different

place one hundred years from now. Think about the nineteen hundred, right, and then one hundred years from there to the year two thousand and where we're at right now in twenty twenty four. What a different world, same thing happening here right with AI as mentioned all those technologies, how the world will be fifty to one hundred years now. It's going to be incredible, And I think it's going to

move faster because of the Internet. Everybody's connected on the Internet, smartphones, laptops, computers, all that stuff, right, Versus the massive infrastructure that had to be built for the last Industrial revolution, you know, with cars and highways and building airports and trains and planes and rocket ships and all that stuff. Right, the Internet, what you don't have to build anything. The Internet's already here, that's the super highway, and everything's running digitally now. So

it's going to move faster. So one could argue I don't have to mention one hundred years, no, but I can say fifty years from now, the world's going to be very different. Brian continues here, saying this is an important step to AIS getting useful work done today. If you give an AI agent a task and come back a few days or hours, it can't get useful work done. In part, this is a limitation of the technology itself, and products like devint ai are getting closer to this.

But the other reason is AIS can't transact to acquire the resources they need. They don't have a credit card to use for Amazon Web Services, GitHub or versa. They don't have a payment method to book you the plane ticket or hotel for your upcoming trip. They can get through paywalls, for instance, to read a scientific article, promote their posts on x with a paid ad, or use the growing network of paid APIs to integrate data they need. So this is amazing, and shout out to coinbase for

doing this. This is getting ahead of the curve and it's the future. Sure, folks, I think you all see the writing on the wall here right where we're headed. And even though some of you may not like it, because you know, there's some of this that does make my stomach churn because I grew up in a time before smartphones and while there was the Internet, it was dial up. You know, we weren't so connected everywhere. So some of this I embrace because it is what it is.

I have to use it. I have to participate in the economy. I have to make money, I have to grow my business. And some of it, you know, I'll watch them afar and study it, but I won't participate. But the fact that these AI agents can do these things, it's amazing and very beneficial to crypto and that's where I'm most interested in. And the fact that it can be used the police. AI as well. So very fascinating things here, and I would love to hear what you

guys have to think about this. I think this is very bullish with crypto. All right, moving ahead, guys, we've been talking about crypto becoming this political force, having incredible amounts of money are capital in this election cycle. I

believe they are the number one spender. It does fluctuate a bit, they are number one, number two sometimes, but we know fair shake the super Pac raised over two hundred million dollars from coinbase, Ripple, A, sixteen Z and many others, and mainstream media is starting to cover this. CNBC one of their hosts was talking about this and they reported that almost half of all corporate money raised for the presidential election is from bitcoin and crypto. Here's

a quote. They're outspending big oil and banks and so far, where the crypto cash is going, wins have followed. I've

been sharing this with you guys, right. Those people who are anti crypto, who have aligned themselves with Elizabeth Warren have been taking massive hits in the primaries, also on Super Tuesday, and that's a good thing because these people are many of them are cronies to Elizabeth Warren, who of course leads the anti crypto army, has Gary Gencer as a dog on the leash rights and weaponized to attack this industry. So I love this and money talks.

We know how it goes in Washington, DC, folks. Right, we didn't make the rules, we're just playing by them. And this is a sign of what's to come. I think as mainstream media starts to highlight this, people are going to wake up to all the nonsense Elizabeth Warren's been doing and the reason why crypto had to go this ride, and why we had to raise over two hundred million dollars and support the pro crypto candidates and go against those who are anti crypto. So big things

are ahead. This industry is not some little kid in the corner anymore. It's a full grown adult and ready to punch back against the bully right folks. So it's pretty amazing. Now. I want to share something here from Dennis Porter, who heads up the Satoshi Action Fund, which is an advocacy group similar to the Blockchain Association and the Digital Chamber. They're in DC educating members of Congress, members of the Senate, and so forth to learn about

crypto help get legislation through. So Dennis is a great guy. They've been doing a lot of great work, guys. He's been getting a lot of bills pushed through in the States, and he's been doing a lot of data and research that can be used by academics and even people in DC. So he tweeted out new peer reviewed research firmly backs up claims that bitcoin mining is a powerful tool for reducing methane emissions. This groundbreaking paper highlights the ability for

bitcoin mining to utilize methane from landfills. Methane is twenty eight x more potent for warming than carbon dioxide. Mitigating methane has very positive impacts on the environment. This is great, but you need data, you need actual metrics that comes from a credible source to back it up. So they were able to do that and put together this research paper. And once again this is going to be used by big publications and in government research and so forth. So

very smart move. And we know a lot of the blow off energy and excess energy and things like methane and so forth can be monetized and used which helps the environment, and it is being monetized by minting bitcoin obviously or mining bitcoin. So these things work hand in hand very well, and there's mutual benefits. So this is the way to go, not just okay, here's a tweet, you know, but I'm providing facts. I'm not just talking out of my ass. I'm providing research with statistics and

the facts and so forth from credible sources. So shout out to Dennis here. All right, folks. Last news item, Pump that Fund surpasses one hundred million dollars in revenue as polymarket outshines NFTs in August. So what the hell is pumped dot fun? It is a popular mean coin launch pad and they made over one hundred million dollars in cumulative revenue from more than one million mean coins since they launch in January of this year. Now, many of you know how I feel about meme coins. I

think it is super risky. It is the furthest out on the risk curve, and it's like walking into the casino and throwing it on black right on the roulette table. Obviously. But look, I'm not here to say you're a bad person or you're doing something bad. If you invest in it, if you know what you're doing and you've done your research,

then good luck. Just understand the risk. Now. I've often stated the caveat with that is that there are established mean coins, meaning ones that weren't launched last week or last month. They've been around for a long time. They haven't a very big active community, so it's less likely that they get rugged pulled and for example, doch coin,

ship Pepe and so forth. Right, they've been around for multiple bull market cycles and bear market surviving a meme coin surviving the bear market is pretty good, you know. I would say that that gives it a lot of credibility. And once again, there's a developer community. There's an active community of people working to make it better and getting adoption. So I think there's something to say about those meme coins, like I would be probably okay with adding some of

those of my portfolio. I have like a little bit of Doche, but it's only for fun. I don't have like a big bag of Pepe or anything like that. But those are mean coins, I would say, are more safe, if you want to put it that way. But the ones that were just minted yesterday or last night on base or Solana, be careful, please, guys. Right now, polymarket

has been making the news. In the most recent podcast, I highlighted that Bloomberg was going to integrate poly markets data for the elections, and Polymarket is of course a prediction market where you can bet on different things like the election, and its crypto basis decentralized. And they had more volume in August than all NFTs across all chains combined, according to the analytics platform crypto Slam. That's huge. Shout

out to the folks at Polymarket. This is pretty big, and it's making penetration into the traditional politics in trad fireworld, where people are starting to share the data and look at it as a benchmark for how things may be going for different markets and competition and so forth, and especially the election between Trump and Kamala Harris right, it's fascinating, folks.

But this is all crypto adoption. It's penetrating in every aspect of society and life, which is amazing and which is bullish for us who are early adopters, who have taken our position in the lows, buying the bear market bottoms, buying the dumps, buying the pullbacks, dollar costs averaging in and we will be selling the top right. We will not be part of the dumb money crowd buying the top.

That's the wrong time. We will be educated investors who have done our research, taking our position, and are exercising patients. And that's a key. As mentioned at the beginning of the podcast, it's been so boring. It's been so aggravating, right, guys, and it's like, oh, come on, we're going to get out of this zone. It's so boring. Man. Look, as someone who's been here, I would consider myself an advanced crypto investor because I've been here multiple times. I've learned

my lessons. It's even hard for me. But that's where I turn off the computer. I don't look at the prices and I go out and I touch grass, so to speak, right, or go touch sand at the beach. You got to live life as well and step away injuring these zones. But guys, like I said at the beginning, election years have been really great for bitcoin and the stock market. Global liquidity is on the rise, fed Rake cuts are coming. Janet Yellen, we know will keep injecting

liquidity because that's the name of the game. They got to keep the economy in the stock market looking good, right, And part of that don't get me wrong, guys. If they don't do those things because of the place these these markets and how the government is running things is in. If they don't do that, you know what's going to happen.

For one case, the stock market, all the boomer savings and all that stuff will be wiped out because crash would be epic, and we don't want that, of course, right, so they kind of have to keep kicking the can down the road. I'm not saying it's right. I'm saying that's where we're at, you know, from a position standpoint. But I'm hoping blockchain, stable coins, crypto can help solve that that we don't have to be in these in

this place in the future economy. But we'll see. You know, the boomer generation is naturally on board, but we know generations pass away and then another generation comes into power, so we'll see how things go. And and this is how I look at the markets, guys, from a macro standpoint, And I hope that's helpful for you guys. Now, folks, don't forget to sign up from my free email newsletter.

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