Do Centralized Real World Assets on DeFi Break Ethereum? - Bits + Bips
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Alright. So as always, I'm your host, Austin Campbell, high scholar of Zero Knowledge Group, and here with my cohosts, Ram Alawwalia, maester of wealth, the leader of Lumina, and Chris Perkins, the golden hand of coin funds. Today, we're gonna start with a segment that we're calling the bond market is running foreign policy. So on Sunday, Trump told the Financial Times overnight that he wants to, quote, take the oil in Iran. But some people back in The US are saying, why are you doing that? He referenced Karg Island, which handles 90% of Iran's crude exports and said, maybe we take it, maybe w
Yeah. So Trump ordered or attempted to manifest the greatest taco supreme of all time last week. Trump has extraordinary manifestation skills by the way. No taco is delivered. It takes two to taco here. The IRGC reiterated today that they are not negotiating. They appear to be holed up in bunkers and making highly effective meme videos targeting American consumers, American brands like Lego using American GPUs and Nvidia technology. Really quite extraordinary. Usually they make propaganda for their internal audience, but they're turning that around. So Trump wants the taco. It's not clear what
Chris, I think you may be on the other side of this discussion. What are what are you making of this one right now?
Like, I I feel as though there's no turning back at this point. The world has seen what could happen if the strait is closed, the Strait Of Hormuz. Right now, Asia is choking. Europe is now based on some new ballistic missile technology. They're actually under threat. So there's just no way that we can return to the status quo because the status quo is just gonna if everything stopped right now, everyone went home. You know, by the way, for the Gulf States and for the Israelis, they can't go home. This is their neighborhood. But there there is there's no turning back. What do you do? You just
Are bullish on markets, Chris, given what you just said or no?
Short term, no. Short term, you're gonna have some volatility for sure. I do think if you time it right, it's gonna be in a particularly in the crypto space, I'm a crypto guy. I think it's it's it's gonna be a very, very good cyclical buying opportunity. Because once this thing gets settled, I think we're gonna be in a very good place. I mean, at the end of the day, we've been talking about this for weeks. The world is more and more a trustless, permissionless place. I think crypto does very, very well. I think and it's demonstrated continued resiliency. Yeah, we had a little bit of a dump the
So clear through coercion and escalation.
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