Bitcoin's iPhone Moment Will Trigger Wall Street FOMO | Jordi Visser

SPEAKER_1 (0:00)

This episode is brought to you by Paypal. You know how a mom's bag has everything? Sunscreen, snacks, a stapler?

The new Paypal app is like that, but for your money. Shop, pay, manage your account, and earn rewards all in one place. And with purchase protection on eligible items, biometric security and pass keys, you're protected at every step. Download the new Paypal app to get started. See paypal.com/protectionterms.

SPEAKER_2 (0:29)

They're running a Cover 2 defense, but you're running to get gameday deals on Uber Eats. Keep everyone at tonight's watch party fed with deals from your go-to restaurants. Or stock up with deals on your favorite snacks and groceries. Whatever the occasion, get gameday deals on Uber Eats all season long. It's not football without food. Uber Eats. Order now.

Terms apply. Product availability varies by region.

Jordi Visser (0:59)

We are at the same point as when the iPhone came out for crypto. The change was that the iPhone came out to allow Uber. For crypto, it's obvious. It's the agents. It's plain and simple, the agents. So the fact that to me, the ghost city analogy for ghost rails is about you build all this infrastructure. You build Ethereum, you build Bitcoin, you develop this whole thing. People know where it is. It needs time to survive the test of time. It needs people looking at it and then it can take off.

Anthony Pompliano (1:28)

What's going on, guys? Today we got a great conversation with Jordi Visser. In this conversation, we talk about what's going on with consumer AI agents. How is it affecting financial markets? Why are there certain stocks that everyone's excited about? But Jordi's got some data that says that they're actually under a lot of pressure. Bitcoin broke out, consolidating. Is it going to go up? Is it going to go down? Are we in a Bitcoin bull market? And where else is value going to accrue in your portfolio? What are the assets you don't own that Jordi thinks you should? All that and much more in this conversation with Jordi Visser.

All right, Jordi, Crypto has done a very good job of hanging in there all week long, even though a number of other things have come under pressure. Why do you think Crypto is trading so well?

Jordi Visser (2:03)

When did we last see each other?

Anthony Pompliano (2:05)

Couple of days ago, Tuesday. We did a drive by, high five.

Jordi Visser (2:09)

I walk into an event not knowing you're there. I thought we were friends. We do this show.

Anthony Pompliano (2:14)

I know you were going to be there.

Jordi Visser (2:15)

We walked through a turnstile the other way. See ya.

Anthony Pompliano (2:18)

The difference between you and I is you went for multiple days.

Patagonia, listen, I'm an expert at this. I took my train down to DC, did my 15-minute talk, and got right back on the train and came back. You stayed.

Jordi Visser (2:30)

I stayed and had the best time. And for the people who know that I had a great time, you know who you are, I had a great time.

Okay, so whenever you... The great thing about technical analysis, we talked a lot about the importance of the original break in Bitcoin from the low 60s up. But what was important was the negative news that was happening in the time before. Cardiac goes down to close to 0%.

Fed rate hikes are going through the roof in terms of expectations. And at the same time, you have the cold wallet incident. And yet Bitcoin stayed at like 60 to 65 And so the second that anything good happens, oh, Besson intervenes in the yen, and then we get all this debasement stuff, and it breaks out. But it stays under the important levels of kind of the highs from the prior six months, which were right around 82 So now we gap up again. So the question is, when you're doing these in technical analysis, where first you handle bad news, you go up. What happened when we broke out last week? The Fed raised rates. Tenure rates are going higher. Equities are, you know, breath is breaking down in the market, and yet we still found a way to go higher again. So, I believe, based on the inbound traffic I'm getting from...

Anthony Pompliano (3:48)

Everybody.

Jordi Visser (3:49)

Everyone, but people that manage trillions of dollars.

So, not the analysts who work for them, the people who manage trillions of dollars.

Asking me to talk about the paper I wrote two months ago, to explain why the paper I wrote on tokenization will change the world, what that means. So, I think we've entered a point where you have to realize that people are starting to ask questions about it. Part of this is because of the events that have occurred with consumer agents and things where I've connected the dots. But part of this is also what happened last year. And I think there's PTSD. People missed Micron. They missed the semiconductor trade. And so, I think what's starting to happen here is they know crypto is not dead, meaning they kind of waved it off. So, people that manage lots of money that need to produce Alpha, this is not a greed thing. I think there's FOMO starting to set in.