**Tillman Holloway** (0:00)
As you see, and I'll add one more thing, as it pertains to how important crypto is in the equation of this expansion of markets and in the inflation of dollars. Traditionally, money flows from the printing press through the banks to the people.
Well, what are the banks all doing right now? They're investing in this infrastructure. So crypto is going to be, whether humans are using it or not, the most widely used exchange of value in the new age of 24 7 markets and kind of the tokenization of all assets.
**Anthony Pompliano** (0:34)
What's going on, guys? Today, we got a great conversation with Andrew Parish and Tillman Holloway of Arch Public. These guys simply get it. They understand what's happening in the macro environment. They see all of the debasement of the dollar. They believe that volatility is going to become much worse in the future. And they've built some software that's actually able to help people capitalize on the volatility. I always enjoy talking to them. They're down to earth dudes who are intelligent and they're actually doing stuff in the market. They're getting feedback from real users and they understand what happens when you take ideas and it meets reality. Here's my latest conversation with the guys at Arch Public.
Tillman, let's start with you. I think there's this huge controversy right now where lots of people are very upset at the US government for undisciplined spending. There's a lot of waste going on. They look around the local communities and they feel like I'm getting taxed more, but I'm getting less services and there's a general unhappiness. At the same time, there is this absolute need for more investment and more dollars in the system as we try to build out the infrastructure for this brand new era of AI.
You've talked about that maybe there's some national security implications to this. Can you just walk us through kind of your analysis as to like, where have we been, what's changing and why is it so important to national security?
**Tillman Holloway** (1:45)
Yeah, I think if you talk about infrastructure as a whole, it's always what drives economic growth, whether it be the Federal Highway System or the Internet.
This new set of rails, this new global infrastructure, if you will, that allows everything to be tokenized and allows trading to happen 24-7, and allows for real-time settlement to take place, that's changing the way that markets work at a foundational level. And so what does that mean? Well, it means that there's going to be more markets. I think that recently they talked about even derivatives of stocks themselves don't have to come from the issuer. So you're talking about essentially an infinite number of markets that can be created, and they'll all be judged on the back of the trust of the issuer and or on the proven deposits or the reserves that are back the issuance.
What we see in that is we see the expansion of markets and what has to take place beyond that, is that liquidity has to come into those markets for them to function.
So the need to print money is going to be even greater than we've ever seen. The expansion of the markets and what's going to take place in the next 10 years, and the participation that it's going to drive, will drive more demand for more dollars. And so, that gives the United States government a reason to print money without undermining the foundational trust that is behind the dollar. And it won't be, you know, being forced down the world's throat through just military might, but it'll be through the interconnectivity of markets and through global expansion and the participation therein. And that's the healthy way to grow into the inflation that essentially that we have as a country is to innovate and to bring that innovation to the world stage and to bring more participants into that innovation, so that the dollar is the backbone of that innovation and it continues to be the dominant place of exchange. And we already have such a head start and we already have the greatest minds from a technological perspective. If you look at just the, I was out in Arizona and I went and looked at a data center that is a semiconductor chip manufacturing facility that's a Taiwanese company joint partnership built in the US. I don't want to misquote this, but I think it's 29 million square feet under roof, has its own power treatment plant, has its own electrical grid, has its own electrical production plant, the most state-of-the-art facility that I've ever seen in my entire life. And if you see it with your eyes, you go, ha, that's part of the future. It's that evident to you at face value. And so you say, okay, well, if we are going to invest in the future, we're going to need to build things that up until this point have only been kind of conceived through sci-fi imagination like the Death Star, something of that magnitude. You know, Elon Musk is talking about those types of things. And in order to generate the type of power that's needed to take the leadership of semiconductor chip manufacturing, all of the hardware that's needed to expand AI functionality and capability, you just know how much, how important energy and rare earth metals and the production of these, you know, computers are to the, you know, to the US., but really to the entire world and the global markets.
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