Stealth Bear Market?📉Fear Rising, Alts Bleeding, AI Cracking👀 https://www.youtube.com/watch?v=fc5JW09Txzw Language: en | ASR: large-v3-turbo @ 0a363e9161cbc7ed1431c9597a8ceaf0c4f78fcf [00:00:00.000 --> 00:00:05.080] Speaker 1: Let's get into it today. We could have a stealth bear market or a stealth rally all playing [00:00:05.080 --> 00:00:08.580] Speaker 1: at the same time. Before we do that, I want to thank our sponsor, and that's iTrust [00:00:08.580 --> 00:00:13.220] Speaker 1: Capital, where you guys can get into your own crypto IRA, cryptocurrency, stocks, gold and [00:00:13.220 --> 00:00:19.160] Speaker 1: silver, all available over on iTrust Capital. One account, unlimited possibilities. This is [00:00:19.160 --> 00:00:22.960] Speaker 1: one of the platforms they've been around for quite a while. You guys can go over and use [00:00:22.960 --> 00:00:29.020] Speaker 1: them. If you have a current IRA, you can transfer that if you want to start a brand new IRA [00:00:29.020 --> 00:00:33.700] Speaker 1: you can also do that as well so just use our link down below it's going to give you a $100 [00:00:33.700 --> 00:00:38.100] Speaker 1: funding reward to get started and you're going to have to start tax planning soon and IRAs [00:00:38.100 --> 00:00:42.020] Speaker 1: are one of the diversification things that you should be doing to set yourself up for [00:00:42.020 --> 00:00:46.240] Speaker 1: success let's get started I want to start with of course the fear and greed for the [00:00:46.240 --> 00:00:51.880] Speaker 1: traditional markets this has been hovering into the extreme fear zone all morning as we [00:00:51.880 --> 00:00:57.940] Speaker 1: were recording on this, holding it around 25. It had bounced down, I think, sub 25 just [00:00:57.940 --> 00:01:01.980] Speaker 1: earlier. When you look at the crypto market, a little bit different. It's setting in a [00:01:01.980 --> 00:01:06.880] Speaker 1: little bit better position, holding it a neutral position right now at 48. And I don't [00:01:06.880 --> 00:01:11.720] Speaker 1: know, are you guys right now, if you look at the way you're making trades, whether you're [00:01:11.720 --> 00:01:16.520] Speaker 1: going into stocks, maybe you're buying gold and or crypto and you're diversifying, tell me [00:01:16.520 --> 00:01:21.940] Speaker 1: where you are right now. Are you in more of a neutral mode or more on a fearful mode in the [00:01:21.940 --> 00:01:26.520] Speaker 1: market? Just hit it in the comments down below. I want to kind of get your feedback. Let's [00:01:26.520 --> 00:01:31.220] Speaker 1: get into a clip here because this clip will go into Gareth Soloway, who's been on the show [00:01:31.220 --> 00:01:35.180] Speaker 1: many times, talking about this is the month that makes or breaks it. Take a look. [00:01:35.960 --> 00:01:42.280] Speaker 2: The month that breaks markets, the 1907 panic. This is actually what triggered JP Morgan [00:01:42.280 --> 00:01:48.280] Speaker 2: back in the day to bail out the stock market and ultimately began the Federal Reserve. [00:01:49.140 --> 00:01:55.900] Speaker 2: 1929, Dow falls 89%. Then you have 1987, Black Monday, [00:01:56.080 --> 00:02:02.960] Speaker 2: 1989, Friday the 13th, 1997, down 7 .2 % trading halted. And [00:02:02.960 --> 00:02:09.420] Speaker 2: 2008, worst week ever on record, down 18%. This is when Lehman failed, [00:02:09.740 --> 00:02:16.060] Speaker 2: panic spreads, and everything changed. So bottom line is what we know is October tends to [00:02:16.060 --> 00:02:22.400] Speaker 2: be a very violent and potentially negative month. And certainly what we've seen thus far [00:02:22.400 --> 00:02:27.740] Speaker 2: has set the possibility in motion we could be on the verge of this. [00:02:28.200 --> 00:02:33.060] Speaker 1: All right. So a lot of people looking at this market right now in two veins. You have some [00:02:33.060 --> 00:02:37.800] Speaker 1: still believe this bull market is holding. And if you look at AI related stocks, you would [00:02:37.800 --> 00:02:44.440] Speaker 1: probably agree with that. 49 % of the S &P 500 right now above every bubble peak except [00:02:44.440 --> 00:02:49.680] Speaker 1: for what happened during the railroads this of course gets into the issue of the [00:02:49.680 --> 00:02:55.180] Speaker 1: centralization of where trad fi is right now and that is anything that's ai that's the [00:02:55.180 --> 00:02:58.820] Speaker 1: trade the real question is how does this play out because you've got credit pressure [00:02:58.820 --> 00:03:03.960] Speaker 1: markets coming in hard the question is how that plays into what the fed is going to do not [00:03:03.960 --> 00:03:10.340] Speaker 1: only in this month but also in december as we get into rate structures and then you look at [00:03:10.340 --> 00:03:16.280] Speaker 1: this statement right here and this is where we get into this stealth bear market and it [00:03:16.280 --> 00:03:20.400] Speaker 1: might be a historic opportunity there's a couple of points within this i want to highlight [00:03:20.400 --> 00:03:26.540] Speaker 1: we're now witnessing a historic market paradox a bull bear market that is in play and [00:03:26.540 --> 00:03:32.620] Speaker 1: within it you can kind of see you know where we've had hits where the s p has had its [00:03:32.620 --> 00:03:38.680] Speaker 1: record high what we saw in terms of the bottom and then other key indicators right here [00:03:38.680 --> 00:03:44.340] Speaker 1: this was a major component of the bullish thesis for equities and this all centers around [00:03:44.340 --> 00:03:48.220] Speaker 1: investors expecting cheaper capital and remember this is a big deal because if cheaper [00:03:48.220 --> 00:03:53.940] Speaker 1: capital is truly coming in you'd have more investment and record capex by tech companies [00:03:53.940 --> 00:03:58.880] Speaker 1: not all of that is completely translated just yet all right one other thing was this right [00:03:58.880 --> 00:04:04.680] Speaker 1: here that that is the S &P should be above 9 ,000 and that of course is providing that the [00:04:04.680 --> 00:04:09.120] Speaker 1: war didn't happen okay didn't nothing happened in the middle east iran wasn't attacked we [00:04:09.120 --> 00:04:14.660] Speaker 1: didn't have any of that occur and oil prices were regular i guess i don't necessarily agree [00:04:14.660 --> 00:04:19.300] Speaker 1: with this i'm not sure that this would be a factor because i'm looking at the way that the [00:04:19.300 --> 00:04:25.920] Speaker 1: ai trade is playing out you would need much more broad participation in the rest of the s p [00:04:25.920 --> 00:04:30.160] Speaker 1: 500 and i just don't know that that would be the case software is already taking a hit so [00:04:30.160 --> 00:04:34.800] Speaker 1: sas companies i think you're see a lot of companies in general because of ai that will [00:04:34.800 --> 00:04:40.440] Speaker 1: continue to see less performance so the real core is is that ai has already been performing [00:04:40.440 --> 00:04:45.740] Speaker 1: against what's happening globally maybe it performs a little bit better but i don't see it [00:04:45.740 --> 00:04:51.320] Speaker 1: at 9 000 for sure all right this happened over the weekend putin floats a summit deal and [00:04:51.320 --> 00:04:56.740] Speaker 1: this is coming in from both with trump and g if this comes together and they can put a deal [00:04:56.740 --> 00:05:02.180] Speaker 1: together with the uk ukrainians this course could change things again more on a global [00:05:02.180 --> 00:05:08.060] Speaker 1: macro side remember russia and ukraine both now harbingers of what's happening around [00:05:08.060 --> 00:05:14.860] Speaker 1: energy as almost as much as what's going on in iran and one factor that has been played [00:05:14.860 --> 00:05:21.040] Speaker 1: out here recently is that trump has continued to push zielinski to do a surrender i just [00:05:21.040 --> 00:05:26.040] Speaker 1: don't see that happening now could we see some sort of you know maybe militarized zone or [00:05:26.040 --> 00:05:30.940] Speaker 1: some detente at some point that would kind of set this up maybe that would be the case but [00:05:30.940 --> 00:05:34.600] Speaker 1: this will be interesting if this summit actually occurs and you know there's going to be [00:05:34.600 --> 00:05:40.220] Speaker 1: some pressure here obviously by china and trump in general to kind of get this done you [00:05:40.220 --> 00:05:44.940] Speaker 1: have tom lee's tracker coming in oil is trading at levels not seen since 2008 financial [00:05:44.940 --> 00:05:50.180] Speaker 1: crisis you know for you young people out there that was the last time that we really saw a [00:05:50.180 --> 00:05:54.960] Speaker 1: major hit on the market and if you go back and look at what happened in 2008 October 2007 [00:05:54.960 --> 00:06:00.960] Speaker 1: actually the 2008 was the year that we really started to see impact and I think that's the [00:06:00.960 --> 00:06:07.100] Speaker 1: same addition that we're dealing with right now is oil and its concern on where inflation [00:06:07.100 --> 00:06:12.360] Speaker 1: is playing out because remember energy is one of the key things that's driving the core [00:06:12.360 --> 00:06:17.280] Speaker 1: inflation now does that stick around if things kind of cool off in the middle east that's [00:06:17.280 --> 00:06:22.460] Speaker 1: the real question bitcoins though could be setting up for a quelling impact on the market [00:06:22.460 --> 00:06:26.660] Speaker 1: if you look at a couple of notices here on the Bollinger Bands you'll see these touch [00:06:26.660 --> 00:06:32.240] Speaker 1: points and we're seeming to come back in on them after significant moves up in both of [00:06:32.240 --> 00:06:38.860] Speaker 1: those last two pumps so maybe this is the time I'd still defer a little bit to what Gareth [00:06:38.860 --> 00:06:44.580] Speaker 1: was saying is that October's cycle because remember this is still investors and you have to [00:06:44.580 --> 00:06:49.200] Speaker 1: be able to have something happen in the major market to see any kind of rotation and that's [00:06:49.200 --> 00:06:54.340] Speaker 1: where the you know the capital is going to come from. My concern is if the dollar holds a [00:06:54.340 --> 00:07:01.160] Speaker 1: lot stronger, does it in fact start to slow the issue of excess capital [00:07:01.160 --> 00:07:05.760] Speaker 1: starting to go into risk markets like crypto? That's a concern right now that we're dealing [00:07:05.760 --> 00:07:11.000] Speaker 1: with. And if you watch it how credit and the Fed are both going to interact in the next [00:07:11.000 --> 00:07:16.660] Speaker 1: really 30 days, you're probably going to get a much bigger signal in being able to [00:07:16.660 --> 00:07:21.040] Speaker 1: understand that. So be on the lookout there. Bitcoin dominance though is pumping right now, [00:07:21.180 --> 00:07:27.660] Speaker 1: short -term bearish for alts. And this was something I talked about on Friday with Evan, is [00:07:27.660 --> 00:07:32.000] Speaker 1: that this could be a market sell -off. And in fact, over the weekend, we did have a little [00:07:32.000 --> 00:07:37.580] Speaker 1: bit of hits on the traditional alts. But I think this is maybe short -lived, but at the [00:07:37.580 --> 00:07:41.500] Speaker 1: same time, there will only be a few winners here. Here's a clip from Ansem that kind of [00:07:41.500 --> 00:07:42.740] Speaker 1: talks about that. Take a look. [00:07:43.080 --> 00:07:47.400] Speaker 3: A lot of people missed hype because they were looking at majors, Bitcoin and ETH. But [00:07:47.400 --> 00:07:51.640] Speaker 3: Bitcoin and ETH went down like 30%, 40 % from there. And hype was, as we know, has been up [00:07:51.640 --> 00:07:55.080] Speaker 3: only how you would in previous cycles. You're never buying alts when majors are going down. [00:07:55.220 --> 00:07:59.720] Speaker 3: You're just absolutely not doing that. The industry, altcoins don't trend all at one time. [00:07:59.860 --> 00:08:02.800] Speaker 3: They trend based on the actual fundamental values and inflows. [00:08:04.360 --> 00:08:10.120] Speaker 1: Yeah. So, and he's right. I mean, this is a typical signal that everybody has followed in [00:08:10.120 --> 00:08:14.980] Speaker 1: crypto, I think for, you know, ever. But if you look at it, the weekend selling did hit [00:08:14.980 --> 00:08:20.700] Speaker 1: altcoins hard as a fear from equity spills into crypto. Typical altcoin now down over 5 % [00:08:20.700 --> 00:08:26.120] Speaker 1: in the weekend close. This could be the largest weekend drop since April. So if you were [00:08:26.120 --> 00:08:30.700] Speaker 1: going to buy an altcoin right now and you buy these dips and you could still see at this [00:08:30.700 --> 00:08:36.620] Speaker 1: and say, hey, there's maybe another 10, 15 % in the market that could come off of these [00:08:36.620 --> 00:08:40.960] Speaker 1: coins. Which ones would you buy? Let me know in the comments. Which ones would you buy [00:08:40.960 --> 00:08:46.740] Speaker 1: right now maybe in a dollar cost average scenario if you're a believer in those specific [00:08:46.740 --> 00:08:53.540] Speaker 1: altcoins? One other thing I want to touch on on Anselm's clip there was looking at [00:08:53.540 --> 00:08:59.740] Speaker 1: fundamental structure around most of these altcoins. That is a core thesis that we talk [00:08:59.740 --> 00:09:06.240] Speaker 1: about all the time. However, sentiment is a major influence when [00:09:06.240 --> 00:09:11.000] Speaker 1: the majors are moving. And what I mean by that is Bitcoin and Ethereum, if they are moving, [00:09:11.160 --> 00:09:15.940] Speaker 1: and to a certain extent, maybe even Solana, if it's moving to a certain extent, then it has [00:09:15.940 --> 00:09:21.560] Speaker 1: an influence on sentiment in the market. Sentiment in the market can now start to correlate [00:09:21.560 --> 00:09:26.120] Speaker 1: even on altcoins that don't necessarily have the narrative there and the fundamentals [00:09:26.120 --> 00:09:30.060] Speaker 1: there. So you have to kind of understand that. Most people will say, well, no, I'm just [00:09:30.060 --> 00:09:35.520] Speaker 1: going to trade on the side of fundamental to altcoins. Yes, no problem there. Some people [00:09:35.520 --> 00:09:39.880] Speaker 1: want a higher risk appetite. And they're looking at those alternatives. And usually [00:09:39.880 --> 00:09:45.020] Speaker 1: sentiment -driven tokens are the ones, just like meme coins, are going to be the ones that [00:09:45.020 --> 00:09:50.320] Speaker 1: see the most gains. But it really depends on your risk appetite. And I'm not telling you [00:09:50.320 --> 00:09:55.060] Speaker 1: guys to go out there and trade on more high -risk assets. But just be aware that that's how [00:09:55.060 --> 00:09:59.260] Speaker 1: the market moves. And I think this is something that a lot of people understand that has [00:09:59.260 --> 00:10:02.300] Speaker 1: been in crypto. But there's a lot of you that are brand new to the channel that have not [00:10:02.300 --> 00:10:07.040] Speaker 1: been in crypto and this is kind of a new thing for you so pay attention all right speaking [00:10:07.040 --> 00:10:10.760] Speaker 1: of fundamentals you got to take a look at one of the biggest altcoins out there i feel like [00:10:10.760 --> 00:10:15.760] Speaker 1: and that is circle kind of moves like an altcoin in terms of volatility but it hits back at [00:10:15.760 --> 00:10:20.800] Speaker 1: rival stable coins this of course has been moving in a direction that i think many of you [00:10:20.800 --> 00:10:24.380] Speaker 1: guys know we've been looking at this for quite a while we've talked about it quite a bit [00:10:24.380 --> 00:10:29.780] Speaker 1: this is one of the top movers We think it will continue to be that way in terms of a [00:10:29.780 --> 00:10:35.560] Speaker 1: representative on traditional finance as a stock for the crypto entities that are out [00:10:35.560 --> 00:10:40.000] Speaker 1: there. So just pay attention. Circle is being able to do it. It brought in about $1 .4 [00:10:40.000 --> 00:10:46.460] Speaker 1: billion in revenue. Jeez. $1 .4 billion in revenue. That's the first half of 2026. [00:10:46.540 --> 00:10:52.860] Speaker 1: And we haven't seen an adoption boom. So imagine what this company is going to do [00:10:52.860 --> 00:10:58.180] Speaker 1: when we do see an adoption move. Last week, they also went out to 40 different countries. A [00:10:58.180 --> 00:11:03.580] Speaker 1: lot of news that's going to help, I think, USDC become the de facto stablecoin and maybe [00:11:03.580 --> 00:11:08.520] Speaker 1: rival USDT. I don't know if it will happen, but things are moving fast for Circle. Pay [00:11:08.520 --> 00:11:12.620] Speaker 1: attention. Other things you've got happening right now, JPMorgan has now three tokenized [00:11:12.620 --> 00:11:17.860] Speaker 1: products on ETH. And this is on ETH Mainnet. You've got JPMD. This is their U .S. deposit [00:11:17.860 --> 00:11:23.160] Speaker 1: token on ETH and Base. I don't know if you would use that, but it's up to you. but I'm just [00:11:23.160 --> 00:11:27.580] Speaker 1: wondering, you know, would you use a bank deposit token or would you use something like a [00:11:27.580 --> 00:11:32.340] Speaker 1: traditional stablecoin? Then you've got money, which is tokenized money market fund. That's [00:11:32.340 --> 00:11:36.480] Speaker 1: something I'm not necessarily interested in. And then you've got JLTXX, which is a [00:11:36.480 --> 00:11:41.580] Speaker 1: tokenized money market fund. Also, all of these are riding on Ethereum. The thing is [00:11:41.580 --> 00:11:44.620] Speaker 1: there's going to be a lot of investors out there that are coming over from traditional [00:11:44.620 --> 00:11:50.660] Speaker 1: finance that most likely will take part in those kinds of transactions and funds. All [00:11:50.660 --> 00:11:55.100] Speaker 1: right, so one point on this is that when you kind of compare the two, you've got JP Morgan [00:11:55.100 --> 00:12:01.040] Speaker 1: and Circle almost on an intersection for a head -on collision here. The real question is [00:12:01.040 --> 00:12:06.820] Speaker 1: who's going to win that race. I still think it's going to be Circle because of their native [00:12:06.820 --> 00:12:12.500] Speaker 1: introduction into crypto in general, their blockchain dominance that they've had in trading [00:12:12.500 --> 00:12:18.140] Speaker 1: pairs and the extension that they have globally already. That's a big, powerful play [00:12:18.140 --> 00:12:22.800] Speaker 1: compared to what JP Morgan is going to be doing here in the United States by itself. So I [00:12:22.800 --> 00:12:26.500] Speaker 1: think this is a failed effort. It's a good effort in the sense of them trying to play in [00:12:26.500 --> 00:12:31.520] Speaker 1: the game, but I don't think that these kind of companies are going to win the race overall. [00:12:32.300 --> 00:12:36.900] Speaker 1: Prove me wrong. Let me go to a clip real quick. It's an interesting theory is that [00:12:36.900 --> 00:12:42.740] Speaker 1: institutionalization has actually spoiled crypto. And then I have some thoughts on this, [00:12:42.820 --> 00:12:43.280] Speaker 1: but take a look. [00:12:43.960 --> 00:12:49.440] Speaker 4: I will say institutionalization is absolutely the worst thing i think that happened for you [00:12:49.440 --> 00:12:54.520] Speaker 4: guys for for people that truly believe in it because the value proposition of [00:12:54.520 --> 00:13:01.080] Speaker 4: decentralization and and like liberty and all that kind of stuff has all become really [00:13:01.080 --> 00:13:07.980] Speaker 4: really badly at least in the short term it's a branding problem for crypto are there enough [00:13:07.980 --> 00:13:12.720] Speaker 4: like 18 to 25 year olds that are going to be true believers maybe i don't know i feel like [00:13:12.720 --> 00:13:18.640] Speaker 4: the brand has been really badly hurt by by this administration And just by the general Wall [00:13:18.640 --> 00:13:22.340] Speaker 4: Street, you know, Wall Street inhaling crypto. [00:13:24.140 --> 00:13:30.560] Speaker 1: All right. So my argument to that is this. When you look at, you know, major adoption [00:13:30.560 --> 00:13:36.220] Speaker 1: cycles and, you know, I've seen a few of these in my past, been in tech for a long time. So [00:13:36.220 --> 00:13:40.340] Speaker 1: and I'm not saying that I'm right. I'm just saying that you look at human behavior and [00:13:40.340 --> 00:13:44.420] Speaker 1: that's the thing that I think we're going to get into. This is legitimizing it to a certain [00:13:44.420 --> 00:13:48.520] Speaker 1: extent. what I'm talking about is institutional adoption into crypto and blockchain. So [00:13:48.520 --> 00:13:54.340] Speaker 1: fair enough. You definitely will have pushback from kind of this next generation. But I [00:13:54.340 --> 00:13:59.180] Speaker 1: think that it's going to go the opposite way. I think it will only say because it was [00:13:59.180 --> 00:14:05.280] Speaker 1: adopted over there, you know, the OGs, the boomers did this. We can do it better. So I [00:14:05.280 --> 00:14:11.260] Speaker 1: think we'll see maybe a whole new era of blockchain, crypto projects, et cetera, that will [00:14:11.260 --> 00:14:16.920] Speaker 1: start to dominate that younger generation. And it will only explode them because they [00:14:16.920 --> 00:14:23.740] Speaker 1: understand now they have detached from the system. That to me is a great opportunity. And [00:14:23.740 --> 00:14:28.800] Speaker 1: the advantage that the institutions brought to this is the fact that they made it happen. [00:14:28.800 --> 00:14:34.980] Speaker 1: In essence, you push that market away by getting into it. So I think it's the flip. I think [00:14:34.980 --> 00:14:39.700] Speaker 1: it's a complete different way of how investors are going to look at this in the future. [00:14:39.840 --> 00:14:43.840] Speaker 1: Now, what do I think this is going to be next generation investors going into banks. No, I [00:14:43.840 --> 00:14:48.200] Speaker 1: think banks are done. We're not going to see banks the way you and I have seen them in the [00:14:48.200 --> 00:14:54.000] Speaker 1: last two, three, four decades. This is going to be a complete revolution in finance. Mark [00:14:54.000 --> 00:14:58.440] Speaker 1: my word, this is going to happen. And I think it's going to be let in because institutions [00:14:58.440 --> 00:15:04.900] Speaker 1: came in to spoil the game. So pay attention to that one. You've got another guy spoiling [00:15:04.900 --> 00:15:10.140] Speaker 1: the game right now, and that is Ledger. Ledger is now going out with their new ledger atom [00:15:10.140 --> 00:15:14.020] Speaker 1: this is going to contain ledger's most advanced anti -tampering and tamper evidence [00:15:14.020 --> 00:15:20.280] Speaker 1: solutions to date i'm glad that companies are out there trying to do that and they should [00:15:20.280 --> 00:15:25.880] Speaker 1: be you know but i think they're in a bit of a trouble right now in terms of hardware [00:15:25.880 --> 00:15:31.480] Speaker 1: wallets this is one of the things they're proposing which is a device that won't [00:15:31.480 --> 00:15:36.720] Speaker 1: necessarily be a phone they partner with solana i saw that over the weekend i'm sorry [00:15:36.720 --> 00:15:40.040] Speaker 1: solana i didn't think that was a good partnership. I understand that was probably, you [00:15:40.040 --> 00:15:44.280] Speaker 1: know, months, maybe years of business development that had to kind of culminate there. But [00:15:44.280 --> 00:15:48.840] Speaker 1: this, I don't think, is a solution that anybody that has been in crypto for a long time is [00:15:48.840 --> 00:15:53.980] Speaker 1: going to use. It is a device that is kind of like a phone. You need to connect to Wi -Fi, [00:15:54.160 --> 00:15:58.260] Speaker 1: but yet at the same time, you're still dealing with agentic issues. Those kind of things [00:15:58.260 --> 00:16:02.620] Speaker 1: I'm not really interested in. I think you've got to retain control in some sort of self [00:16:02.620 --> 00:16:06.660] Speaker 1: -custody solution. That's the only model to use. And I think privacy is going to be [00:16:06.660 --> 00:16:11.760] Speaker 1: paramount going forward and that's the key to watch right here is how these companies play [00:16:11.760 --> 00:16:17.420] Speaker 1: into this and this is another thing why not why do you have to have an open market out [00:16:17.420 --> 00:16:24.200] Speaker 1: there trying to create devices to see if your devices are been attacked by [00:16:24.200 --> 00:16:29.820] Speaker 1: other devices you know so this is an example and this is trying to detect a spy implant [00:16:29.820 --> 00:16:33.180] Speaker 1: basically so you got a hardware out there which was the problem if you guys don't know the [00:16:33.180 --> 00:16:39.780] Speaker 1: news there was devices that were somehow vector attacked by a supply chain [00:16:39.780 --> 00:16:44.900] Speaker 1: through a distributor. Not necessarily, I won't name countries or anything of that nature, [00:16:45.060 --> 00:16:49.080] Speaker 1: but basically a distributor was the one where the vector occurred. And now they're trying [00:16:49.080 --> 00:16:53.260] Speaker 1: to get in and actually, and this was a hardware change in the actual devices themselves. [00:16:53.760 --> 00:16:57.040] Speaker 1: Now they're going and trying to build something to be able to detect this. These are the [00:16:57.040 --> 00:17:02.560] Speaker 1: kind of things, guys, just should not happen. These are company killers. And I've seen this [00:17:02.560 --> 00:17:08.140] Speaker 1: in the tech industry and in the compute industry a lot. The opportunity here, I think, for [00:17:08.140 --> 00:17:15.080] Speaker 1: a real new solution is here. So be on the lookout. We may see some very [00:17:15.080 --> 00:17:19.420] Speaker 1: interesting solutions coming up very quickly because you're going to see a major part of [00:17:19.420 --> 00:17:25.100] Speaker 1: the market starting to look elsewhere for self -custody solutions. So pay attention to [00:17:25.100 --> 00:17:27.800] Speaker 1: that. We're going to cover this and a lot more this week, so stay tuned. [00:17:34.450 --> 00:17:39.430] Speaker 1: If you like this video, hit like and subscribe, drop a comment down below, and also join [00:17:39.430 --> 00:17:42.190] Speaker 1: our free private member group. The link is in the description.