The next move is a buy-the-dip setup — Bitcoin below $80,000 is called a generational buy and tech broadly plus crypto have pulled back to support — but a trap looms: just 9 days from the US midterms, after every midterm election Bitcoin has seen a sizable correction, and whether this time differs depends on what Trump can accomplish this quarter.
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00:00 Over the course of the next year, I fully expect that retail will become completely consumed with what is happening with crypto. >> In the future, AI still needs money. The ideal way is for them to use a digital native currency, which is crypto. >> I believe that that crypto will be the 12th sector of the S&P. >> I think the setup is for a buy on, you know, tech broadly crypto.
00:19 I think that they've all pulled back to support levels. >> Bitcoin is digital gold. Anything below $80,000 is a generational buy today. So, you still have some time left. But crypto as an industry is 100% undervalued today, including top altcoins on the market right now, which have suppressed prices. Guys, do me a favor. Take two seconds, smash the like button.
00:49 I want more people out in the world today to understand this that right under our noses, right in front of our eyes, crypto is becoming the 12th sector of the S&P 500. At least according to Kevin Olirri, if you believe in Bitcoin, you think it's a digital gold and you live through the volatility. I believe in both. I believe that that crypto will be the 12th sector of the S&P in some period of time because it provides productivity to all 11 other sectors.
01:22 But unlike AI, most people are not bullish on Bitcoin in crypto today. I'd say the leaders in the tech industry, actually many are bearish. the billionaire tech entrepreneurs of the past. It seems like they truly haven't taken the time to understand that crypto in 2026 going into 2027 is vastly different from the past. So for instance, I don't completely think that Bill Gates truly understands Bitcoin or the crypto market today.
01:54 Listen to how he answers this question. you were to diversify a small portion of your portfolio today outside of the US dollar. If you were forced to diversify outside of the dollar, would you choose euro, crypto, gold, or Chinese yuan? >> I wouldn't choose crypto. >> Yeah. >> Uh >> that was an easy option. >> I'm a a well-known u skeptic of uh pure maniadriven uh assets.
02:19 Again guys, smash the like button if you're getting value today and understand where the future is going. If you're bullish on AI and understand that the world is only getting more digital, it's hard not to be bullish on Bitcoin and crypto, especially understanding that AI agents, they're going to choose crypto. The godfather of crypto himself, CZ Binance, the founder of Binance, explains that the ideal way for agents to pay going forward is a digital native currency, which is crypto.
02:55 >> AI needs uh internet. AI needs money. Soon AI, [snorts] each of us should have like hundreds or or thousands or millions of agents working for us in the background, right? So after we do this interview, you may have an agent to cut the video. You may have an agent to publish it. You may have a agent to like to to to to market it to collect money for for viewers.
03:15 There will be many many agents doing transactions for us and those transactions will will be using digital money. AI agents will not will not use credit cards. They will not they will not use bank accounts. They can use our bank accounts on behalf of us. But it's not ideal. The ideal way is for them to use a digital native currency which is crypto. So I think uh in the future AI still needs money.
03:37 Uh so the world still needs money. So I think AI is going to actually increase the velocity of transactions by probably like a thousand to a million times. >> So crypto as an industry is growing. It's going to 10x over the next several years. I think if you subscribe to our channel, you understand this. Look, I'm a believer in crypto. I think there is a lot of reason to be bullish.
03:59 We show you this on a daily basis. However, most people don't own crypto, don't care about it, don't think there's a huge future in crypto like they know. Everybody in their mother seems to think that there's a huge future in AI. So, I think this as a counternarrative that moving forward, the greater returns will come in crypto because of AI. AI will still do good, but the greatest returns will be in crypto.
04:24 This is a nuanced take from Jordi Visser on Cointelegraph. This is where the future's heading. Don't be afraid to take notes. >> Didn't say AI was over. Um AI fireworks show is over. Um which means that that first quarter that made it seem like it was risk-free that you could buy Micron at 200 and it would go to 1400 and you'd get a crypto like seven bagger.
04:47 Those days are over. Um do I think the Aenta compute story is in the early ages? Yes. Um do I think there's going to be five more years or four more years or three more years? Yes. But if you ask me what has the higher return potential uh probably with a with a slightly higher volatility, it is absolutely crypto at this point. I think the size of it argues to that.
05:09 But it really I can't emphasize enough that the reason that Micron and the agentic compute trade started to work is because the inference demand went up dramatically beginning at the end of last year. And the reason was because of the progress in AI. And this is when everyone listening to this has to understand as the progress of AI increases and what I mean by progress its capability of doing things this summer it hacked into hugging face that's positive for crypto it started muse happenedbot happened instinct AI
05:44 happened we are at the consumer agent side last week there was an interview with Mark Zuckerberg and Alexander Wang from Meta with John Collison who's one who's one of the co-founders of Strike and his line was that Agentic Commerce on their rails has gone vertical. This is what needs to happen is the financial guard rails need to happen. I don't think people realize that stripe is that heavily involved not just through bridge, not just through privy.
06:10 They own open router which again is a direct connector to AI. So I have talked about this. I will say it over and over again. The crypto guardrails were built not for humans. They were built for AI agents and we've all learned that. And so over the course of the next year, I fully expect that retail will become completely consumed with what is happening with crypto because the agentic world will move to the next phase and it's going to be seen with higher tokenization volumes and higher agentic commerce volumes.
06:39 A lot of people think that AI is about to have a big market crash. A lot of people think that the stock market is about to take a tumble. Tom Lee says that the current pullback is actually more like a coiled spring. He mentions crypto specifically. Listen. And I think from a fundamental perspective, I mean, as much as we should, you know, respect the idea that like AI debt markets uh may not be that confident, you know, the fundamental story and the and the drivers of AI are intact.
07:09 So to me, when you have the fundamentals holding in and markets getting fearful, it's actually a pretty good riskreward setup for investors. So you'd be Tom buying this pullback everywhere or are there specific pockets that you feel like are kind of reaching that that technical area that makes them attractive for a bounce? I I think the setup is for a buy on the memory, the semis, you know, the the the the neoclouds, uh you know, tech broadly, crypto.
07:37 I think that they've all pulled back to support levels at a time when people have become maybe very fearful of fundamentals, but as you know, if the fundamentals remain intact, then it's it's a coiled spring. However, we are just 9 days away from the US midterm elections. History shows that after every midterm election, Bitcoin has experienced a sizable correction.
07:59 Will this time be different? It really depends on how Trump feels this quarter and what he can get done. I guess >> when I tell you that, uh, the answer is no. There will not be a strike today. Mr. President, >> usage of Ethereum is exploding, including Ethereum layer 2. Ethereum is the most undervalued, suppressed, shorted asset in history, and it's not even close.
08:26 Once this bare bubble finally explodes to the upside, it will not stop until ETH reaches $100,000 according to Ethereum Maxi. I I think Ethereum can get to 10K rather quickly and have a repricing event because you can't argue this. This is just what Wall Street is doing. They are adopting Ethereum. Ethereum is becoming and has become the home to onchain finance.
08:53 Former Black Rockck, now chairman of ETH treasury company Sharlink, explains this. >> Joe, I want to double click on two words that you just said. This this this idea of a trust commodity. Can you unpack that? What is a trust commodity and why does Ethereum fall into this asset class? >> Sure. So, I spent 20 years at the largest institutions in the world.
09:14 uh had a front row seat looking at how market structure worked, but also how people made decisions about their future of technology and the applications they used. And I know three things for certain. There are only a handful of things they care about. It's not hype. It's not sentiment. They want security. They want trust. And they'll go where the liquidity is.
09:36 And Ethereum is dominating on all three. So when we talk about a trust commodity, look at the use case you referred to which is Robin Hood built on arbitrum, an Ethereum layer 2 protocol. All those transactions settle on Ethereum mainet. They use Ether as the gas fee. And as you see more and more of these case studies of people building whether it's an L1 or an L2 application, the trust commodity is every transaction requires Ether to secure it.
10:08 and to make sure it's paid in gas fees. And while the revenue is low today, there are many businesses where you start by trying to dominate and win market share. And over time, pricing power happens. People knocked Amazon and Jeff Bezos without recognizing that he was building a new type of e-commerce. He wasn't just an online book seller. People knocked Uber for subsidizing transactions for both drivers and users in the early days, not recognizing they weren't a ride share company.
10:39 They were doing much much more. So in the future, where today most of transaction trust on a T+1 basis involves human trust and insurance and contracts. Um in the future it'll be ether as the trust commodity that's securing transactions. And as that happens, more value will enure to ether the token. Just wait and watch. >> November is going to be a big month for crypto. We have some amazing interviews coming up with industry leaders. So stay subscribed and I'll see you tomorrow, my