GOOGLE & AMERICAN EXPRESS JOIN COINBASE TO BOOST CRYPTO ADOPTION!

Episode Transcript
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Speaker 1 (00:00):
Google and American Express are both partnering with coinbase to
expand their crypto services and functionality. This is bullish news,
and major banks around the globe are adopting crypto. I'll
give you the details. Let's get into it. Hey, everybody,

(00:20):
welcome into the Thinking Crypto podcast. You're home for cryptocurrency
news and interviews. I'm your host, Tony Edward. On your
way in. Please sit that subscribe button as well as
a thumbs up button and leave a common blow. If
you're listening on a podcast platform such as Spotify or Apple,
please leave a five star rating and review. Folks, I've
got huge news to share with you, so make sure

(00:40):
you watch and listen to the end. It's all bullish news. First,
let's talk about price, because Bitcoin today made a move
over one hundred and sixteen thousand. Now, as I've been
telling you guys, tomorrow we're going to hear from the FED.
In any week of an FMC meeting, there's going to
be a lot of volatility, So don't be surprised if
we see dumps tomorrow or a pump. Just be prepared

(01:01):
for all types of madness, right especially even the days
following like Thursday, and Friday. So one thing is for sure.
We are in a macro bullmarket and we're still on track,
so no invalidation. Just this week is going to be
very volatile. The whales and the market makers are going
to play with folks and you know, try to shake
them out. But as I've been sharing with you guys,

(01:21):
global liquidity has recovered and in fact it has broken
into new all time highs. So this goes back to
the thesis I've been telling you guys. Q four could
be a local top and then the eventual blow off
top could come in Q one, twenty twenty six. So
we're going to continue to watch global liquidity in addition
to other signals to see where we're at in the cycle.

(01:43):
Because you know, some people are saying, hey, the blow
off top could happen in Q four, and it certainly could,
but if all the signals don't align, you know, we'll
have to say, hey, look, this could be extended into
twenty twenty six. So this is where we want to
stay informed, look at the data and the metrics not
be a moot, and I will continue to share the
updates with you guys. So things are looking good. I

(02:05):
want to share some charts here from great analysts such
as crypto Wizard, who said, eerily similar. Do you see it?
Bitcoin has been trading extremely similar to the twenty seventeen cycle.
Ir reversal from here could lead to a monumental parabolic rally.
Will the FED help, he asked, and he shared the
twenty seventeen fractal chart compared to where we're at right now,

(02:28):
and it looks eerily similar. So it doesn't mean that
is guaranteed to play out this way, but we're seeing
very similar patterns here. And here, my friend Caleb Franzen,
who's a great analyst, I've had him on the podcast
many times. He shared a chart showing Bitcoin trading above
the twenty one EMA, the fifty five day EMA, and
one hundred day EMA. He said, the twenty one is

(02:49):
above the fifty five and the fifty five is above
the one hundred. That's confirmation of an uptrend. Folks. If
we lose these levels, then we can get a bit concerned.
Until then, I'm omega bullish. So again, the data now right,
so we are above these trend lines and support levels
that we've seen historically. So once again, bull market's not over.

(03:10):
We still got more to go. But we are in
that final fifth wave if you want to call it
a macro fifth wave now if you're doing an elliot
wave analysis. So the top is near. And when I
say that, I know some people are going to get
triggered and say what next week, next month? No, I'm
talking like a three to four to five month window, right,
and that's pretty much going to be it. That's you know,

(03:31):
it's going to be show over. Once we hit that
parabolic euphoric phase. The dumb money comes in. Everybody in
their uncle and grandma saying crypto is the greatest thing ever.
But we know what follows that, right, This is just
the nature of markets, and the same thing for the
stock market. So, folks, tomorrow is going to be a
big day. Everybody's anticipating a twenty five basis point cut.
We could be surprised by the Fed and get fifty percent,

(03:54):
but most like he's going to be twenty five because
I think if they cut by fifty percent it could
trigger some warnings that the economy is not in a
good place, and I don't think it is. I think
if you look at the job numbers and so forth,
they're not good. So we're in a light recession and
whatever it may be, but that could trigger them to
insert a lot of liquidity. You know, in different ways

(04:14):
they have fed and the Treasury. They've been doing pseudo
liquidity over the past couple of years. So let's see
what happens. Nevertheless, bullmarket's still intech and just be ready
for some fireworks and things like that as we head
into Q four. Now here's more examples of we are
still in the bullmarket. The Trump families, American Bitcoin just

(04:34):
went public today on the Nasdaq. Last week it was
Gemini Exchange. Of course, this year we saw a lot
of companies e Toro, Bullish of course, the biggest one
being Circle. So no one does an ipo or goes
public in a bear market. Right, come on, now, put
your thinking caps on. So you got to look at
all of these things. You got to look at the
market holistically. That's why I'm giving you different point of views.

(04:56):
So we're not looking at one metric and having tunnel
vision for just a handful of metrics. We want to
look at everything, right, Sentiment, what's happening in the market,
liquidity and all these things. So this is another example
and my hope though, is that things like this are
not going to roadblock the claritiac the crypto Legislation Bill
from passing this fall because a lot of Democrats don't

(05:19):
like that Trump and his family are benefiting from this,
and I'm just reporting the news to you, right, that's
a fact. We've seen a lot of Democrats come out
against this. So let's hope this doesn't trip us up
later on that the Democrats push through and they don't
really get too political here, but we'll have to wait
and see, folks. Quick word from our sponsor, and that
is Propy Property is leading the charge with putting real

(05:41):
estate on chain. You can buy and sell homes on
Propy using cryptos. If you want to sell your home
for bitcoin, or even buy a home that's for sale
and bitcoin or XR period theorem, you can do that
on Propy and their platform is powered with blockchain. We
know that real estate is going to get tokenized, right,
and the real estate process will use blockchain. A lot

(06:01):
of intermediaries and middleman are going to get cut out.
This is the future. So Propy's been doing this since
twenty seventeen. They're a licensed Web three pioneer. They facilitated
over four billion dollars in transactions, and they have put
deeds on chain. They've created NFTs for homes and much more.
And the buying and selling process they use coinbase with
the crypto escrow. So I'm a Propy token I have

(06:24):
been since twenty eighteen. When I discovered this project, I
invested right away. I remember buying the token on bitrex.
So I'm very bullish on this. It's one of my
big bets because again, you see the direction the puck
is heading in, and all assets are going to be tokenized,
including the world's largest asset class, which is real estate,
and this industry is primed to be disrupted by blockchain.

(06:44):
So that's why I'm putting my money on Propy. So
if you'd like to learn more, go to propy dot com.
Link will be in the description. Now, folks, look at
this news. This is huge. Google unveils open source protocol
for AI payments with stable coin support. You know, I've
had many guests on the podcast and I've done interviews
talking about AI agents will be using stable coins, even

(07:07):
humanoid robots. I've had quite a few interviews talking about that,
and we're starting to see the development of this, so
let me give you the details here, folks. Google has
unveiled an open source protocol that allows AI applications to
send and receive payments, including transactions using stable coins, highlighting
the growing role of dollar peg cryptocurrencies in the emerging

(07:29):
AI driven web. The initiative is being launched in partnership
with Salesforce, American Express, and sixty other companies. Fortune reported
Tuesday stable coin functionality was developed in collaboration with crypto Exchange, Coinbase,
and the Etherorem Foundation was also consulted on the project.
James Truman's head of Web three at Google Cloud, confirmed

(07:51):
the rollout, telling Fortune that the protocol was designed to
support both existing payment rail capabilities as well as forthcoming
case abilities such as stable coins. Isn't this incredible, folks?
You know some people out there think crypto is a scam,
a fat stable coins don't make sense. Why do you
need stable coins? I have PayPal and Venmo. Yet PayPal

(08:12):
and all these companies are adopting crypto and stable coins
and using blockchain rails because of the instant settlement. So
this is where education is so important. You are seeing
the biggest companies adopting this technology. So coin based engineer
Eric Rappel said, the exchange work with Google to make
their payment systems interoppable. Here's the quote. We're all working

(08:33):
to figure out how to make AI transmit value to
each other, he told Fortune. The payment system builds on
Google's Agent to Agent protocol introduce in April, which provides
a framework for AI agents to exchange information and interact
more efficiently. It was developed with support from more than
fifty technology partners, including PayPal, Salesforce, and SAP, and consulting

(08:57):
firms such as Deloitte, McKenzie and p wu SE. The
Tuesday announcement comes amid a growing push to connect AI agents,
autonomous software programs capable of making decisions without human input,
with decentralized finance protocols, such integration with streamline trading, improved
user interaction, and expand reil world payment use cases. Folks,

(09:19):
the infrastructure is being built here for mass adoption, and
not only amongst human beings, but AI agents and humanoid robots.
So this is incredible news. And of course the folks
at coinbase, you know, they highlighted this. Brian Armstrong's CEE
of Coinbase, tweeted out x four oh two. Plus, Google
just unlocked a new level for AI agents. Agents can

(09:43):
actually pay each other now with X four oh two
powering the stable coin rail inside Google's new agentic payments protocol.
Really cool. They also highlighted that circles, Developer Control wallets,
and USDC along with X four too, APIs can charge
down to sense and clients human or AI can pay

(10:05):
per use. So you're going to get the micropayments here,
fractional payments, even if it's like a couple pennies, right,
because no one pays each other that way, but AI
agents will as certain interactions become cheaper. Things that cost
a lot more with humans will now be cheaper with AIS.
So it's incredible what's being built here. And you can

(10:26):
see how crypto and stable coins are going to be
used on blockchain rails. So I've often said AI and
blockchain have a symbiotic relationship. They benefit each other in
different ways. So this is incredible, incredible news. Now look
at this even more news with coinbase, and it's with
American Express. So American Express launches travel stamp NFTs on Base.

(10:49):
Now many of you know Base is the layer two
on etherorem created by coinbase, and in fact there's news
coming out that they're looking to launch a coin which
is surprising. I thought they were going to avoid that.
But more to come on that. I'm going to try
to get an interview with Jesse Pollock from a coinbase again.
So miscollecting stamps in your passport, American Express is now
giving US cardholders unchain travel stamps for each country visited

(11:13):
around the world. Each digital stamp with the AMEX Passport
feature has an associated piece of art that will be
an ERC seven to one token on base. Colin Marlow,
VP of Emerging Partnerships at AMEX Digital Labs, explained in
an interview. Obviously it's not a real passport though, so

(11:33):
don't bother showing the customers officer your app full of
NFTs when you're jetting off to a new locale. Stamps
are viewable within the existing amex mobile app, which is
separate from the upcoming amex Travel app that launches or
that's launching September eighteenth. So American expresses backdating stamps to
get cardholders started with their collections and will add stamps

(11:55):
from the countries users have visited in the past two
years to start a crypto wallet for each AMEX mobile
app user custodied and operated by Amex, is spun up
on the back end. When users access the feature, stamps
are minted as tokens behind the scenes as cardholders use
their Amex cards at different locations around the world. Here

(12:17):
is a quote. We're trying to do it in such
a way that that's not so in someone's face, Marlow
said of American Express's approach to blockchain integrations. So this
is key, right. Eventually, folks don't need to know if
blockchain is powering the app, just like they don't need
to know about TCIP or what's running the web and

(12:39):
websites and video sites. And you know, if you're listening
to this on Spotify or Apple or watching on YouTube
or Rumble or wherever, you don't need to know how
the logistics and the computations and all the things that
are running behind the scenes. You just need to know
what works. That's where we have to head to you.
And we're still early, but look at who's building here,
American Express, Google, you guys have seen my interview with

(12:59):
master Cards VP of Digital Assets. I mean, all the
big companies are here, and I'm so glad I'm here early.
I recognize disruptive technology. I'm taking my bets and it's
paying off so far pretty well. My portfolio is in
a good place. And of course, as we started off
the podcast with, looking for further gains in the parabolic phase.

(13:22):
But cardholders won't see the wallet that's spun up, that's
abstracted away, won't be directly engaging with the blockchain at all,
and won't be able to trade stamps. The stamps aren't
introducing cardholders to crypto per se. They're supposed to be
a way to feel just a little bit more fulfilled
about global travel in the increasingly digital age. So amex

(13:45):
chose to put the stamps on chain as NFTs because
blockchain assets can give a greater sense of permanence. Marlow explained,
like the ink of a physical stamp. Here's a quote.
We really are hoping again to apture a customer at
the end of their journey, when they're commemorating and thinking
about where they've gone, in the hopes that they get

(14:08):
inspired again and do something new with us next time.
So you know, eventually these NFTs are going to expand,
and you know they're going to become dynamic and there's
going to be more creativity. But I think this is
a great start. A lot of folks are testing and
doing a lot of innovative things here, so these NFTs
will be on base right, so e Theorem's layer two.

(14:29):
So very bullish here for American Express, for coinbase and
the crypto industry. Huge, huge news. Now, we got some
big news around banks around the globe. So we've been
seeing payment companies, credit card companies, stock exchanges, banks all
adopting crypto. Look at this. Santander's open Bank launches crypto
trading in Germany, Ice, Spain. The infrastructure being set up

(14:53):
globally for more capital to come in, more adoption, and
it's not just for retail, it is for institutional investors,
the big money of course. So group O Centender's digital bank,
open Bank is expanding in Europe with a new offering
for German clients amid rising demand for crypto assets. The
banks at Tuesday that customers in Germany can now buy,

(15:15):
sell and hold bitcoin, ether, light, Cooin, Polygon, Cardano directly
on its platform. According to Santander, the new service integrates
crypto alongside open Bank's existing investment products eliminating the need
for third party platforms and operating under the European Markets
in Crypto Assets Regulation MICA framework. Crypto trading services are

(15:37):
planned to roll out to Spain in the coming weeks,
along with additional token offerings and features such as crypto
tocrypto conversions. Incredible, very bullish, folks, I hope you see
what's happening here. These folks are not doing this for fun.
They're not playing around here. They see this as a

(15:59):
legitimate acid class that is going to continue to grow,
and they recognize blockchain is the future, folks, the next
layer on top of the Internet, as we've been talking
about for years. Here's another example. Swiss banks complete first
blockchain based legally binding payment. So not only are they
offering the assets from an investment standpoint, they're building with it,

(16:20):
tokenizing and much more so. Some of Switzerland's largest banks
completed a proof of concept that tested blockchain technology and
smart contracts for interbank payments, making what they said was
the first legally binding bank payment via a public blockchain,
not private public. Years ago, they tried to bypass the

(16:42):
public blockchain and create their own version. That's the wall
garden problem, right, Why should I trust your centralized blockchain
when you could easily pull the plug on me. We
need a public blockchain that is decentralized and open and transparent,
where we can all be validators and all reviewed transactions. Right,
So that's the way to go. Under the umbrella of

(17:03):
the Swiss Bankers Association UBS, post Finance and Signum Bank
conducted a feasibility study on blockchain based deposit tookens and
payments infrastructure, The SBA announced Tuesday. The tests initiated an
off chain fiat money transferred triggered by payment instructions tokenized
on the blockchain as a depositoken. The first use case

(17:27):
executed a payment between bank customers of the participating banks,
while the second tested an escroll like process that exchange
the positokens for tokenized real world assets with automatically processed transactions. Incredible, folks,
And we don't know which public blockchain, so we're going
to have to wait for that information. But this is

(17:47):
where as an investor, this is where you want to
look at this news and keep following it and see
who you know, which blockchain or blockchains are using, and
then you want to take your bet. Obviously, now there's
more to just taking a bed. You've got to make
sure you're timing the market right in a sense, you
don't want to buy and near the top you want
to wait too. You know, the bear market cut rolls around,

(18:08):
buy and load up because these banks are still going
through the trial and error process and as they figure
things out, then they're going to scale and go into
full production with their products. Right, So this is where
you got to put your thinking cap on. Understand where
we're at in the liquidity cycle, and then when the
bear market comes, it's a perfect time to buy. And
that's where you're going to be a contrarian to the herd.

(18:29):
Right when everyone is scared and they're scaying cryptos a scam. Again,
that's when you want to buy. It's the same cyclical
pattern over and over and over. So once you get that, folks,
it's an enlightenment moment. It happened for me and I
stopped listening to mainstream media finance news like Jim Kramer
and all these things, right, because those guys are not

(18:51):
your friends. They're setting you up to be exit liquidity
and they are putting the narrative out there for the
mainstream The masses. But you want to do the opposite
of the mass, and that right, when the masses are bearish,
that's when you want to be bullish. When the masses
are bullish, that's when you want to be bearish. Right,
you want to be looking to exit the market. I
don't make the rules. This is the nature of markets.

(19:12):
It happens in the stock market as well. Moving ahead,
here's another example of a big banking financial institutions getting involved.
Deutsche Bors subsidiary launches off exchange settlement for institutions, not
retail institutions. So crypto Finance, a subsidiary of Deutsche Bors Group,
launched a new off exchange settlement solution to improve capital

(19:35):
efficiency and trading flexibility for institutional crypto investors. The new product,
crypto Finance anchor Note, allows institutions to trade on different
platforms without moving their assets out of custody. It also
helps them to settle trades off exchange and earn yields
within a compliant risk control setup. According to a Tuesday announcement,

(19:57):
here's a quote with crypto Finance anchor Note. We are
closing a critical gap between custody and capital efficiency, said
Philip Dettwiller, head of Custody and Settlement at crypto Finance.
The launch is initially focused on the Swiss market, with
a broader European rollout expected in the near term. Guys,

(20:17):
I mean, look at what is being built here. Again,
don't get tunnel vision with the price. You got to understand.
Price is going to follow all these things. As those
big institutions get the products, they get the white glove service,
they get all the data and analytics and reporting and
all the things that exist for a trad FI set
up for them, They're going to send billions into this market,

(20:39):
and you will eventually get to trillions, right because blockchain
rails are going to be used around the globe. And
again we're just seeing across the globe massive adoption here.
This is so bullish. Now moving ahead, Bitwise file US
for stable Coin Tokenization ETF with the us SEC. We
know Bitwise asset management. They have a lot of ETF products.

(21:01):
They file for an XRP ETF and much more. And
they're very competitive. You know, they're one of the few
that are very transparent. They show the wallet addresses for
their bitcoin ETF and things they have to show they
actually have the funds, which I love and I've had
Matt Hogan a bit wise on the pod many times,
so let me give to details here. Bit Wise file

(21:22):
with the sec to launch the stable Coin and Tokenization
ETF and exchange Traded fund designed to track an index
split between companies side to stable coins and tokenization. According
to a Tuesday filing, the proposed ETF will track in
index featuring companies from stable coin issuers, infrastructure providers, payment processors,

(21:43):
exchanges and retailers to regulated crypto exchange traded products with
exposure to bitcoin and ether. I love it. A lot
of new financial products are being created here and this
is really great for the market. Final news item here
LimeWire remember LimeWire, Blastom the pass the file download platform.
I remember using my wire back in the day downloading

(22:05):
music and movies and things like that. I look, we
all did it at one point, right, But one of
the things that was painstaking about it is when we
were still on dial up, it would take all night
to download something. So you know, those were kind of
fun days of the Internet. You know, it was Web
one point zero and it's still clunky, but it was,

(22:25):
you know, something still very raw and unique. About it,
which I miss But you know, LimeWire has relaunched. I
think maybe like four years ago. I remember interviewing someone
from LimeWire and you know, they launched your own token.
They're doing a lot of cool things for creators. Well,
apparently they have acquired the infamous I think it's Fire
or Fry festival brand. The reboot will integrate the LimeWire token,

(22:49):
NFT redemptions for OG ticket holders, and a crypto driven
comeback in twenty twenty six. So I like this. You know,
Web three technology giving life to these companies which you
know kind of legacy companies or have had issues like
the five festival brand. So they're introducing the web three
technology and look, the future is going to be more digital.

(23:13):
The next generation they're going to grow up in a
digital world, and this is how they're going to operate.
So this is where we as investors, we're going to
take that bet and we're going to be early. And
the masses are still going to ignore it and call
it a scam of fat and so forth, and they're
going to miss that the companies or the products and
services of the companies they currently use are actually innovating

(23:35):
and building with it, but they're missing it, right, But
this is the nature of markets. Not everyone was on
board with the Internet. Not everyone benefited from the dot
com boom, and even in Web two with social media
companies and so forth, right, and eventually many of them
play catch up. Many of them don't understand investing and
what's happening with the basement and currency and why you

(23:56):
need to put a good amount of your cash in
assets to outpace the debate. They don't know all that stuff, right,
But I'm trying to share that knowledge on here and
hopefully it's resonating. Hopefully it's helped you, and you know
it has change your outlook on investing, the markets, the economy,
because once you understand these things, it's so eye opening.

(24:18):
It's almost a blessing and a curse because you kind
of know how the game is played. And then you
try to tell people about it, they may not understand
it or they're not curious enough to take that next step.
And then some of them are like, how the hell
did you make money off crypto? How'd you do this? Well,
you got to educate yourself. It's not just going to
the casino and throwing it on black there's understanding the

(24:39):
macro thesis and the fundamentals is so important. But guys,
this is where the opportunity or this is why the
opportunity is so huge. And count yourself lucky if you're
here and you get what the hell is happening, because
this is one of those once in a lifetime opportunities
and the ability to make money. And it's greater than
we've seen in the past because there's no accreditation laws.

(25:02):
Right before, it was if you weren't part of a
hedge one or you were an accredited investor, even you
couldn't get access to private equity in the dot com
companies for example. Now you can get access to the tokens.
You could be in any part of the world. You
don't have to buy two hundred and fifty thousand dollars
of the token. You could just buy ten bucks, even
one hundred bucks, as much as you can and that

(25:22):
could help you grow your wealth. Right. So it's such
an incredible opportunity. But folks, that's the news. Let me
know what you think. Incredibly bullish stuff. Remember tomorrow is
going to be a volatile day. We'll see what the
Fed does, and this week will be volatile and for
the most part, so don't be surprised if you see
swings either way right, and watch out for fake outs.

(25:45):
But I think come next week, when the dust is settled,
we can get back on track and get an idea
when things are going to start picking up steam and
so on and so forth. Folks, A great way you
can support me is by subscribing to my free email newsletter.
It is one hundred percent free. Link will be in
a description. Check out my book on Amazon it's available
in paperback, in digital, and my course at mycryptocurse dot com. Folks,

(26:07):
thank you so much for watching and listening. I appreciate
you all, and I'll talk to you all later.

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GOOGLE & AMERICAN EXPRESS JOIN COINBASE TO BOOST CRYPTO ADOPTION!

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