>> THE WELCOME BACK TO CHEDDAR
I'M KRISTEN SCHOLER LET'S CHECK
IN ON THE CRYPTO CRAZE THE
PRICE OF A IN FOCUS TODAY
SURPASSING 3 $1000 FOR THE
FIRST TIME EVER EARLIER TODAY
THAT HIS PLATFORM HAS THE
SECOND BIGGEST MARKET CAP AMONG
CRYPTO CURRENCIES ONLY BEHIND
BITCOIN YOU KNOW THAT BUT TAKE
A LOOK AT ASTRONOMICAL RISE
HERE REALLY TAKING OFF EVER
SINCE DECEMBER SHARP GAINS IF
THE AREA WE'RE GOING TO TALK
MORE ABOUT THAT IN JUST A
MINUTE BUT LET'S MOVE ON OVER
TO BIG COIN, ITS PRICE
REMAINING
$58,000. HOWEVER WITH A THEORY
INSURGENT OTHER COULD DO AND IT
IS RALLYING BIG POINT SEEN ITS
VALUE SLIP DURING
TODAY'S ACTIVITIES STILL BELOW
THAT RECENT HIGH OF MORE THAN
$60,000 APIECE. ALL RIGHT WELL
JOINING ME NOW FOR MORE ON WHAT
IS DRIVING THE LATEST CRYPTO
CRAZE IS BRAC AND CO-FOUNDER OF
UNSTOPPABLE DES MAINES THE
PLATFORM
BUILDING BLOCK CHAIN BASED IN
MAINE'S, BRAD, IT'S GOOD TO
HAVE YOU WITH ME THIS
AFTERNOON AT YOU SUDDENLY IN
THE SPOTLIGHT, WHAT'S BEHIND
THIS RISE.
>> YOU KNOW IT'S IT'S PRETTY
AMAZING TO WATCH AND I THINK
ONE OF THE THINGS TO KEEP IN
MIND THAT THERE WAS ONE BIG
POINT IN THE AREA
IS THAT IF YOU IS NOT JUST A
THEORY OF THE TOKEN IS ALSO
THIS.
>> PLATFORM FOR LAUNCHING
ASSETS.
>> AND SO THERE HAS BEEN THIS
CRAZY
AMOUNT OF IT'S A VAST HAS BEEN
LAUNCHED ON A RECENTLY ACTUALLY
OVER THE PAST
FEW YEARS. THERE ARE STABLE
COINS DOLLARS THERE'S LIKE
70 BILLION DOLLARS
WORTH OF DIGITAL DOLLARS THAT
HAVE BEEN PRINTED ON THE AREA
AND THERE'S ALL THESE
CURRENCIES AND PROJECTS THERE'S
WHAT WE BUILD WHICH IS DOMAIN
NAMES.
THERE'S ART WHICH IS SELLING
FOR 17 MILLION DOLLARS A PIECE
NOW SOMETIMES
ALL OF THIS STUFF IS ON A SAYS
NOT JUST IN THEORY, I'M THE
TOKEN IT'S THIS IN
HIGHER ECOSYSTEM THAT HAS BEEN
GROWING OVER THE PAST FEW YEARS
YOU KNOW THE WORLD IS
TAKING NOTICE.
>> AND FOR EXACTLY I'M GLAD
THAT YOU MENTIONED THAT FOR
THOSE OF US WHO HAVE FOLLOWED
THE
CRYPTOCURRENCY WORLD FOR YEARS
FOR MORE THAN A DECADE NOW IT
WAS ALWAYS THAT THEORY AND
ECOSYSTEM IF YOU'RE AND
BLOCKING A DID GET SO
MUCH ATTENTION FOR BEING A BIT
MORE STABLE AND NOW IT SOUNDS
LIKE THE AVERAGE INVESTOR IS
CATCHING ON
TO THAT. BUT EXPLAIN A USE CASE
HERE EXPLAIN WHAT MAKES IT THAT
ECOSYSTEM MORE STABLE THAT AN
INVESTOR WOULD NEED TO KNOW.
>> SO I THINK IT'S NOT SO MUCH
STABLE VERSUS NOT STABLE IS
JUST A BIG POINT IS
ONE THING. BITCOIN IS A STORE
OF VALUE LIKE YOUR DIGITAL
GOAL. THE MILLION THINGS SO IN
THEORY. I'M THE TOKEN IS
LIKE GAS. THIS NETWORK, IT TOOK
THE FUEL FOR THIS NETWORK
AND THEN PEOPLE ARE MAKING ALL
OF THESE OTHER THINGS ON TOP
ALL THESE OTHER ASSETS LIKE ALL
ARE IS, BUT YOU CAN STORE IN
YOUR WALLET OR DOMAIN NAMES
WHICH WE MAKE OR ART OR YOUR
OWN CAREER SEE THAT YOU'VE
CREATED AND SO WHEN YOU'RE
THINKING ABOUT SYRIA IS BITCOIN
IS NOT JUST ABOUT
BUYING EITHER. IT'S ABOUT
BUYING ALL OF THE OTHER THINGS
THAT ARE MADE ON TOP OF THE
AREA AND WHEN ALL THE THINGS
THAT SEED THIS BASE SO AGAIN.
THE
GOES UP.
>> SO LONG TERM WHAT DOES THIS
MEAN FOR THE 3RD CAN ETHER AND
BITCOIN RISE TOGETHER OR IS IT
THE AREA OF HIS GAME BIG POINTS
LOSS.
>> I DEFINITELY DON'T THINK I
DEFINITELY
THINK THAT THERE IS A RISING
TIDE FOR THE
ENTIRE MARKET. BUT IF YOU JUST
LOOK AT IT IN TERMS OF ACTIVITY
THERE IS A LOT MORE GOING ON.
UNDER THE SERVICE INSIDE OF THE
SYRIAN COMMUNITY
THEN IT'S OUT OF THE BITCOIN
COMMUNITY IS I THINK THAT'S
PROBABLY WHAT YOU'RE SEEING.
WHAT YOU'RE SEEING PLAY OUT IN
THE IN THE MARKETS RIGHT NOW
AND I ALSO THINK THAT THERE'S
BEEN THIS. THIS EDUCATION GAP
BECAUSE THE POINT IS CANDIDLY A
LITTLE EASIER TO UNDERSTAND
THEORY AND ACTUALLY TAKES IT TO
THIS
WHOLE NEW LEVEL OF ALL THESE
DIFFERENT TYPES OF ASSETS THAT
CAN BLOCKCHAINS AND ITS.
>> IT'S A LITTLE HARDER TO
DIGEST AND I THINK THAT TAKING
A LITTLE BIT LONGER. TO GO
MAINSTREAM FOR
THAT REASON.
>> TALKING MORE ABOUT YOUR
COMPANY I YOU'RE A PLATFORM
HERE BUILDING THESE BLOCK CHAIN
BASED DOMAINS WHAT EXACTLY DOES
THAT MEAN LAY PERSON START.
>> YOU KNOW, IT'S VERY SIMILAR
TO A DEMAND THAT YOU MIGHT HAVE
RIGHT NOW
WELL I COULDN'T CALM EXCEPT FOR
YOU OWN IT YOU OWN IT
COMPLETELY UNFAIR EVER THERE'S
NO RENTING THERE'S NO
SUBSCRIPTION THAT YOU NEED TO
CONTINUE TO PAY AND NOBODY ELSE
CAN MOVE IT AROUND OR TAKE IT
AWAY FROM
YOU YOU. THIS IS A PRETTY BIG
PROBLEM IN THE TRADITIONAL
DEMAND WORLD BECAUSE YOU KNOW
FOR EXAMPLE GO DADDY GETS
HACKED SOMETIMES AND THEY
ACTUALLY GIVE YOU THE MAIN TO
SOMEBODY ELSE. AND THIS IS ALL
BECAUSE THEY HAVE CONTROL
OVER IT. IT'S VERY SIMILAR TO
THE SAME DYNAMIC BETWEEN BANKS
AND CRYPTOCURRENCIES BANKS HAVE
THE
ABILITY TO MADE MISTAKES WITH
YOUR MONEY AND IT CAN DISAPPEAR
WHEREAS THE CRYPTOCURRENCY
YOU'RE
IN CONTROL. SO SAME IDEA
THE MINUTES.
>> SO WITH THIS ADDED MAIN AIM
IT ALLOWS YOU ESSENTIALLY TO
INTERACT IN THE CRYPTO CURRENCY
WORLD RIGHT.
>> YEAH, IT'S LIKE HERE.
IT'S LIKE YOUR DIGITAL IDENTITY
FOR FOR THE CORRIDOR ON SOME
PEOPLE
USE IT KIND OF LIKE THE SEEKING
LIKE SENDING MONEY TO BRAD
OCCURRED OVER EXAMPLE YOU CAN
SEND THE BITCOIN OR EITHER ANY
OF THESE OTHER CRYPTOCURRENCIES
THEY CAN ALSO GO CHECK OUT MY
MY CONTENT SO LIKE RIGHT NOW
ACTUALLY HAVE A
COLLECTION OF.
>> THE PART THAT I OWN SET OF
THE BRADDOCK OR DOES HE CAN
CHECK OUT WHAT ASSETS ITEM BUT
THERE'S A THERE'S A BUNCH OF
DIFFERENT THINGS THAT YOU MIGHT
WANT TO DO. AS A INSIDE OF
THE WORLD.
>> YOU KNOW MY BIGGEST QUESTION
A BIG PICTURE IS ARE THESE
CRYPTOCURRENCIES RECOGNIZE SORT
OF AS A DEFACTO
AFI AT CURRENCY, A DIGITAL
CURRENCY RIGHT NOW THE U.S. IS
BEHIND THE UK IS BEHIND
AUSTRALIA'S BEHIND THERE WE'RE
ALL BEHIND WHEN IT COMES TO
DEVELOPING WHAT WOULD BE THE
EQUIVALENT OF A DIGITAL DOLLAR
AT LEAST HERE IN THE U.S. DOES
GIVE MORE CREDENCE
TO SOME OF THESE CRYPTO
CURRENCIES LIKE A AND BITCOIN.
>> SO WHAT'S CRAZY
IS THAT IS THAT YOU DON'T NEED
TO MAKE ANYTHING NEW THE
GOVERNMENT DOESN'T ACTUALLY
NEED TO DO ANYTHING IF YOU
ALREADY
DID IT. THERE IS TETHER.
THERE'S
USDC THERE.
>> MULTIPLE DIGITAL DOLLARS
THAT EXISTS RIGHT NOW ON A
FERRY AND THEY WERE GREAT I'VE
GOT SOME EYE WALL
RIGHT NOW.
>> THEY ARE READY WORK SO
GOVERNMENT DOESN'T ACTUALLY
NEED TO DO ANYTHING HERE
THERE'S
THERE'S PLENTY.
>> DIGITAL DOLLARS AND DIGITAL
YOU WON AND DIGITAL AGAIN AND
IS OU
ROSEN CETERA. THAT CAN ALL BE
BUILT ON CRYPTOCURRENCIES TO
JUST BECAUSE YOU WANT TO USE
CRYPTOCURRENCY NETWORK DOES NOT
MEAN THE YOU
NEED TO DEAL WITH THESE CRAZY
PRICE SWINGS LIKE YOU CAN YOU
CAN HAVE A DIGITAL
REPRESENTATION OF WHATEVER
WHATEVER CURRENCY WANT YOU.
>> I DID LIKE THAT FULL SCREEN
THAT WE WERE SHOWING THEIR DOSE
QUITE I DO BELIEVE NOW THE 5TH
MOST VALUABLE CRYPTO CURRENCY.