Matt Medved

was a joke, a scam, a threat to the established order.

And now you have Grayscale, BlackRock, VanEck, all of the biggest financial services basically opening the doors, opening the floodgates, launching their own stablecoins, getting into the games with ETFs.

And what we're seeing is an institutionally driven cycle.

And there are a couple of bills before Congress right now.

One of them just passed, the genius bill.

Very important for stable coins.

The other one, the Clarity Act, will essentially codify all the changes that have been made at the SEC so that people understand crypto is not a security.

We have solid regulatory ground to build on.

Because the previous administration basically had a war on crypto.

Gary Gensler's SEC was very adversarial.

Now, under Paul Atkins, absolutely embracing it.

But what the one thing is, is if a different administration comes in and feels differently, they can reverse all that stuff with the SEC unless it's codified into law.

So what you're going to see, man, is that when they actually codify this, when they pass the Clarity Act, you're actually going to see a ton of institutional capital that's currently on the sidelines pour in because they can afford to wait.

They think in like 12 to 18 month cycles, but they want to they want to pour in once there's absolutely no regulatory risk.

Yeah.

So that's really important for them.

Right.

And so I think we're on the precipice of like an entire like a golden age in crypto.

And you're always going to have like the the day to day, the pendulum, the ups and downs.

It's volatile for a reason.