The transition toward multi-chain utility marks a necessary evolution from speculative assets to functional institutional infrastructure. However, framing this logical technical progress as a catalyst for "insane" market cycles is more about retail hype than reality.
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We Just Got INSANE Altcoin News We Could See A MAJOR Altcoin Season Cycle When This HappensAdded:
I find it very bizarre that even when we get news like this, there are still tons of people who don't and won't understand exactly how big and lifechanging that this is actually going to be. If you've been paying attention for the last two years, the cryptocurrency space has has morphed and evolved into something completely gargantuan compared to what it was just a few years ago. I've been saying for the last few years as well, at some point we're going to start to hear which coins are the winners within the space.
As of late, we've been hearing an enormous amount about Bitcoin, Ethereum, and XRP. These have been the main coins that we've heard from institutions and governments the past 24 months that they are looking into, that they are getting into, and that we've been told are going to have the largest gains moving into the future.
So, in a really weird uh twist of events, we're starting to actually now hear about other coins. Now, this is very fascinating because we've only, especially this year, if you haven't seen the other videos, I told you before, we keep hearing about the same three coins over and over. And normally people ask, "Well, what about Tron? What about Cardano? What about this? Why am I not hearing about that?" It's because they're not in the news. So, I guess at some point someone heard me complain or I've been a huge critic recently of uh we need some kind of news. We keep hearing that cryptocurrency prices are going to skyrocket. Ethereum's going to 22,000. Bitcoin's going to a million.
We've heard from a plethora of analysts as of late who all are saying, "Yeah, crypto is going to be used by the biggest companies on the planet. These companies are going to do so and so and so and so with crypto. You you you're not going to believe what's going to happen." It's like, "Okay, that's cool.
I agree. These mega companies are going to use crypto, but we need to start actually receiving names or it means absolutely nothing.
Facebook announced three months ago that they're again working on a another coin. If you somehow missed it years ago, Facebook was creating two separate coins. Uh both of them got kicked right in the face because world leaders uh quickly realized if Facebook had been able to actually launch their coin, they would have become the de facto largest bank on the planet immediately. They they have over a billion people using their platforms.
Those got kicked to the side. But earlier this year with all the stable coin talk, Facebook announced that they were going to actually like well the rumors were wink that they were working on another brand new coin. The interesting news is and that they are called meta. I know so I will call them meta. I hate saying meta. It just sounds meta.
They've announced that they're actually getting into the stable coin game right now. The interesting part is that they're doing it in a very fascinating way that for certain chains is going to actually change the way that we perceive them.
Meta has announced that they have content creators on their platform.
Cool.
They said that they're going to start paying out their content creators on their platform in CircleC. Circle Coin is the coin made by Circle and Coinbase together. It is the second largest stable coin that we have.
They said that they're going to start paying their content creators with the USDC coin through three specific chains.
Meta is going to be using Salana, Ethereum, and Polygon.
Ethereum we've heard about for quite some time now. People keep on saying where are the other chains that's and even even when I give you the other piece of it you're going to be like oh yeah this is starting to make sense now.
Salana's been around for a while.
Salana's a corporation coin that started years ago. It had heavy ties to FTX.
Since then they've been really trying to move the other opposite direction. and Salana in January we heard was a potential other coin that could also be used in the entire stable coin space.
We've mainly been hearing about Ethereum and to a lesser extent about XRP as well revolving around the idea that Ripple is working with a number of banks around the world who were also preparing to launch their own stable coins and central bank digital currencies on top of the XRP ledger. The other part has to do with Polygon. Polygon is not unpopular, but it's not as spoken about as it previously was before a number of years ago around 2020 2021.
The idea is very simple.
Ethereum hasn't scaled as much as it said that it was going to do years ago and have the 10, 15, 20,000 transactions per second that we were promised back in 2016.
But you know who does have an extremely large amount of transactions per second as well as like a 1 cent fee when transferring stuff. It's Polygon.
It would appear to me that Salana and Polygon are probably going to be two of the main coins within the cryptocurrency space over the course of this entire adventure.
I told you before and I'll say it again.
I do not think we are going to live on a world, a planet where Bitcoin is the only coin. That is a very popular theory by Bitcoin maximalists. They believe that Bitcoin at some point, not to chuckle there, but they think it's going to be the only coin on the planet that all of the world's transactions will run through Bitcoin.
We barely have the Lightning Network now as it is. I've always said we're going to have between 10 to 15 different coins as of late. The really weird part is that we've only had three. I know there are thousands of coins within the market. And if you didn't see the other video two weeks ago, uh there were multiple analysts who were kind of calling for the downfall of 99% of the altcoin market. The number makes sense as I think we have like 30 or 40,000 altcoins at this point and a lot of them aren't being used. So Salana and Polygon were heavy hitters couple of years ago and it would appear that they've been understand what it means for Meta. I keep wanting to say Facebook to announce these actual chains that they're going to be sending money through to the actual creators. I tried to explain it before in a very simple way. If this if Meta is sending 125,000 content creators their money through this and in many ways this is probably how it's going to actually end up working out. The promise of blockchain and a lot of these other things has to do not only with the speed of actually sending said currencies but also the speed at which people actually like get paid as well. So in many cases, you know how like stocks will often give you dividends every every three months, every four months or in in in micro strategies case they give it like you know once a month for blockchain many payouts are now actually beginning to be weekly or even daily. So if we start seeing that meta increases over time, the amount of people who are creating content, the amount of people who are getting paid in this way through these chains and they go, "Cool, we're no longer offering monthly payments, we're now doing weekly. You want your money quick, we can now do a daily payout for the content that you made or the money that you have in your account for that day."
That potentially four or 30xes the amount of transactions actually happening through these chains.
It's it's hu. So anyway, it's huge. That that's basically the point that I was trying to make. Um I am hoping that we begin to get a lot more names from other companies in the very near future because it would be incredibly weird if the entire world of finance was just simply moving through Bitcoin, Ethereum, and XRP. No matter how popular or at the top that they actually are, there are many and also corporation chains. So, even even crazier, Facebook said years ago that the when they were first trying to create their uh coin called DM, no, it was Libra and DM, those were the two coins they were trying to create. Their original their original intent was to actually use Bitcoin, but they said that Bitcoin was too slow. And then they said at some point they planned on actually integrating Bitcoin into their system.
So, as far as we know, Meta is still working this year on their actual stable coin, as well as every other company is doing the exact same thing. And it makes me wonder how many other companies are also going to be using Salana, Ethereum, and Polygon for their transactions to move around the world. Because if these coins are already really popular and doing well and working and have tons of transactions and millions and billions of dollars going through them now with just me, you usually get to a point where we see like 16 mega corporations, 100 million transactions per day with these coins. It's a huge gigantic value proposition. Yeah, we're starting to get names now. I'm personally very excited because I was I was question marks. Okie dokie. That's going to do it for this video. I do hope that you've all enjoyed. I do hope you all are having a great day, morning, afternoon, evening, wherever you are, wherever you might be. I do hope it's absolutely fantastic. Thank you all once again for watching, listening, liking, commenting, and supporting. And I will most certainly be talking to you all soon. See you.
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