AI Could Destroy 99% Of Crypto But Not Kaspa?! [WE ARE STILL EARLY!]

Hinzugefügt: 2026-05-11

[00:00:01]Yo yo yo family, what is good? Welcome back to another Crypto and Casper live stream. We have seen some more interesting sources come out today. We have apparently heard a Q&A of sorts or part one of a two-part Q&A with Casper's founder Yonto Palinsky addressing the concerns of the community and giving some interesting insight and it has caused quite a bit of a uproar if you will within certain key members within Casper or who are associated with Casper like Johnny like Pavle and of course Shia also ching in a little bit as well which we're going to address all of them in this stream today quite quickly along with some other big posts regarding ondo haven't seen on an absolutely parabolic this week rallying up from 25 cents almost to 50 cents a nice strong rally there we spoke about it a bit more in our executive round table earlier today uh but on done very very well we're going to find some other updates in regards to why it's done so very well as well and then we also got some other updates in regards to TA which you know all very very exciting exciting stuff.

[00:01:11]So, we'll get into that throughout this stream today. To start off with, we can look at the market chart. Bitcoin is currently at 81,000, which is good to see. Bitcoin showcases some strength and hopefully this week it will continue. We got a very big week coming ahead of us.

[00:01:28]According to Kobe Cleta here, in regards of just general macro announcements, we got CPI and PPI inflation data, which is going to be crucially important. Uh actually probably the most important readings that we're going to see due to the fact that this is going to be the inflation reports that Kevin Walsh is going to be going off because he's going to be sworn in likely this Tuesday, the same day as the CPR report, which means he'll take over when Jerome Pal steps down on the 15th of May, end of this week coming. So big big macro reports.

[00:01:58]also retail sales got a lot of macro reports to get through uh alongside Fed speakers and Kevin Walsh potentially likely getting sworn in. It could be a potentially very volatile time for the markets. I don't think Kevin Walsh getting sworn in is going to cause a lot of volatility because it's already been priced in. People expect him to be sworn in by this point, but his first speech could be very important. I speak about that a lot more so again my earlier round to my VIPs and YouTube members who had a chance to look at it as well. I did of course post that to YouTube members. So those who are part of the membership on this channel have the opportunity to watch that through as well and get insight onto this very crucially important city wealth document amongst everything I spoke about as well and where the markets are likely going to be moving and the shift in strategy from our VIP community as well. But that's right now the macro side of things and the shortterm uh potential volatility. We have got Bitcoin some strength. Good to see ETH, XRP, and many other assets start to showcase some strength. Onto seeing a bit of weakness today, but after that recent rally, I'm not too surprised. Just a little bit of a cool off period. Casper Casper is doing something that I was praying and hoping it would do. When I did the executive round table earlier today, Kappa was trying hardest to surpass this critical level of resistance here. We saw it get rejected a number of times and we saw it get rejected three times earlier. three the last three consecutive days it got rejected and it was struggling today but we can see now Casper is making that push and apparently according to Casper Daily here the open interest is sitting at around $51.2 $2 million, which is still a far cry away from the 200 million we used to see back in this kind of mid 2025 era. But either way, volume and interest for Casper has been increasing, which could potentially be a sign of a shift in regime and interest back into Casper given its architecture and incoming major developments and the belief that we may have seen a bottom of sourcing crypto and the reversal is going to be coming in. So, this is good reassuring news here. Currently, the cap val. 384 up 3.18% on the daily time frame. And if you look at cash versus Bitcoin right now, of course, still not doing fantastically, but have been doing very well over the past week, which is reassuring news. Hopefully, this can continue and we can hopefully say again at some point down the line that Casper is starting to outperform Bitcoin once again. In the short term, in the current last week, it has been. But, you know, of course, this is not taking into account the entire Casper chart. is only going from 2024 like if it had that massive run up. If you're taking it into account from its inception, then it would still be up from Bitcoin. But either way, since this chart is saying we are still down, we want to see it come back up again. We're hoping it can do. Um Casper is going to next be wrestling hard with this 4 cents or 3.9 cents level of resistance there. We have seen a little bit of uh of a you know selling off happening in around this zone where we're at right now. So, I'm not surprised to see Casper not pushing all the way up just yet. But I'm hopeful that if we sees some positive price action tomorrow uh ahead of getting Keith sworn in and CPI inflation data, we could see Bitcoin rally Casper push up to this 4 cent zone and we'll have a retest of this zone again. Last time we were here was it March mid-March and prior to that it was January the beginning of this year. We would love nothing more to see Kasper trying to retest and hopefully surpass and hold four cents would definitely be a sign of times changing. And given that Casper has been holding this level of 3 cents for the past four, five months, I would argue this definitely a strong support level for Casper, arguably the bottom if you will, for Casper. And this could be a sign of a breakout potentially. You know, we've seen Casper been forming these higher lows which is reassuring to see continuously. And we haven't been forming higher highs. We had this high here and then a lower high here. But this is now looking like forming a higher high. So we may now start seeing a move to the upside, a breakout of if you were to draw a wedge pattern out, a breakout of the wedge here and now capital to make a move to the upside, which would be good news to see. Of course, time will tell. Time will tell.

[00:06:13]But I'm hopeful this week will provide a lot of clarity for us uh and give us some potential takeprofit zones, some gains to be made. I'm still not completely adamant or certain or shifting my stance on the fact that we could see a bull one start again. I'm still not confident on that aspect. Of course, not financial advice. You got to do your own research and uh conduct your own trading uh analysis and whatnot. But I do think short-term still bullish, midterm could see a bit of a headwinds coming through with inflation potentially getting out of control and the Fed trying to navigate that. But then that bottom will come back again.

[00:06:48]AI spendings will uh start rallying the new market and tokenization will take off and send all cryptos parabolic especially those that align with the clarity act uh and those are actually building real utility and are being adopted. That's the most important thing the adoption element cuz we still have a bit of time but you want to be an asset that's being adopted. That's why I'm thankful we still got the likes of the KI involved because they are proving that CAS is being adopted at an enterprise level. So hopefully that will play a major factor into Casper volume and adoption and price action of course going down the line. Now this is also important part of the title states as you probably read Casper adoption is accelerating. What do I mean by that?

[00:07:28]Well amongst again KI and other stuff we're talking about and the market now doing a bit better and seeing open interest going up. The adoption is starting to reaccelerate again. We have this post here Taylor Matthysse here. I might have butchered that. I apologize.

[00:07:42]who said not me sitting here researching Casper for the last hour only 8,000 views so far not nothing crazy but if you look at the account she's actually got a quarter of a million followers now I don't know for certain issue bots accounts I'm not too well versed with this individual truth be told but you can see some of her posts can get close to 100k views looks like averaging between around 20k I want to say 10 to 20k so she's got a a decent amount of uh uh interactions you Okay. Um, but another account, another big account here also talking about Casper, which is reassuring to hear and to see and hopefully that trend will continue. Uh, and that of course helps subsize Casper's price uh, going forward as well. Now, for the next segments of this stream, hopefully you still be keeping up to date and listening closely. We're going to be getting into the breakdown from Casper Daily here who I'm assuming has been going through either the Discord or the Telegram and keeping up to date with a Q&A been taking part within the Casper community. A part one of two. Connor Palinsky has not actually responded to the second part just yet to remaining questions. So, he'll do so when he has the time, but we get through 13 questions that he answered and kind of break it down what he's talking about, what this means for Russ, and then the backlash. I say backlash the rebuttal or the comments I should say the comments made from other key members Pavl Johnny who no surprise kind of combating Pavl and then Shai who um kind of just says this exactly what I've been talking about for a while now and whether you love or hate Shai he has a point and we'll make that point a little bit later on as well then we're getting some other posts as well as he mentioned anyways so Bolinsky Kappa founder and primary architect took part in a Q&A and here is part one. First question was, Casper often gets framed as realtime Bitcoin, but Bitcoin's adoption story is a store of value, not throughput. Is the fast money thesis enough to drive adoption or does Casper need to a use case that Bitcoin structurally can't serve? As Zolinsky said, a general thesis is not enough to drive adoption.

[00:09:50]Plain and simple, we might have a lot of belie and think the architecture is brilliant, and it is, but just that thesis alone is not enough to drive adoption. you need something more.

[00:10:00]Realtime Bitcoin already implies it is not about store value. With the advent of stable coins, the usage of proof of work assets currently has a ceiling of serving as collateral rather than a mean of exchange. That is one key part take away that he's effectively saying that while we have complete conviction and in the thesis that Casper is real money, proof of work is real money, the general populace doesn't agree. And whether you like it or not, if the general populace is going with one meta, you can't just change that narrative. You can't just change that. So he's effectively saying with the, you know, advent with the introduction of stable coins, which have been proven to act as a mean of exchange that everyone trades due to its stability is not enough to have a tradable, incredibly fast, cheap, proof of work u new exchange. At least not at this current moment in time. that might change down the line. And that's what I spoke about on Tuesday with the blockchain banter crew at that industry adoption conference or talk that we had there where I was talking about me and um Tom Hutchinson were saying how Casper can still attain to this in the future down the line for sure, but Casper's um easier easier option if you will and more likely option is to become a shadow protocol. In the same way how as I make the example time and time again, HTTPS is the protocol that people tend to utilize when they go on the internet, but you don't type in HTTPS is an invisible hidden shadow protocol that everyone utilizes. I think that's a lot more likely for Casper for all these layer ones, layer twos, everything to be jumping on board with Casper layer 1 and you starting it architecture because it's incredibly fast, decentralized and cheap and that becomes it use case as opposed to uh just being a middle of exchange and that could be realized later down the line. So Pinsky proposes a new category which I call base of liquidity B to describe an asset that resembles the money money functionality people are used to today. Minimal to no friction when using it as both a store value and exchange. In other words, a convenient base asset to park your money between different usages or other investments. Capital layer 1 and VPOG are optimized for that. But even B of liquidity is a thesis not a use case or an adoption strategy. And once more thesis is not enough anymore. You need the actual strategies to implement that.

[00:12:25]That's part one. Of course, we'll go through your thoughts about that uh surely if you have any thoughts on that uh in a moment. Second question, there's a view that Casper isn't meant to steal applications from existing chains, but to enable you use cases that don't exist yet because no infrastructure can support them. What's the most concrete example of one of those new use cases that you personally believe in? Now, just to quickly double check something, it was not this question. No. Okay. And so, Pinsky replies here saying, "I'm happy to steal apps from existing chains, though such a strategy requires more than decentralization or speed, as you say. It requires strong business development talent." For what it's worth, I strongly oppose the view of we build, they will come. I believe this worked for Ethereum because it was a blue ocean and for other projects a deliberate effort is needed. My own contribution to these efforts is to develop a new category of products accordation markets on Casper and to bootstrap a new venture that facilitates this as well as the development of Casper. Other efforts are more than welcome for consider consensus decisions on the right killer app/vector. So to kind of build on this part as well is highlighting here that the idea that if we build they will come. He's opposed to that. Now I agree and disagree. Now here's the beauty of Casper. Despite Joninsky being the dev the kind of creator of Casper, I don't have to agree with everything he says. That's just human opinion. And I'm not saying he's wrong by any means. I'm not. He's He knows what he's talking about. He's a very intellectual individual. He's building Casper. knows a lot more than I could ever hope to know. But the idea of we build they come being something he is supposed to view. He's just said he his point here is saying the idea that if we build on Casper they will just come cuz we're better is not the case because while we are still early we're not that early anymore. Ethereum could do it cuz a completely blank slate open blue ocean anybody could just build at this point now there's so much in the crypto space so much noise you can't just build and they will come. You've got to outreach.

[00:14:32]You got to get out there. You got to prove it. You need the proof of concept.

[00:14:35]The most important thing and the reoccurring theme you will hear fetinsky say here is we need proof of concept.

[00:14:41]Architecture, business and development is fine. We need proof of concept to prove that Casper is better and to get that adoption. Hence why I'm also bullish on the layer 2 and KI who are building that proof of concept and applications on Casper to hopefully give it that adoption and to allow it to catch on.

[00:15:00]Next part here. Question three. There's been reoccurring talk in the community about real world payment integration.

[00:15:06]Merchants point to sale um the Casper accepted here effort. Do you think payments are actually the right adoption vector for Casper or is that the wrong battle to be fighting in 226? And short answer wrong battle. He's not saying that it's the wrong battle entirely. But for 2026, Casper accepted here. It's the wrong battle. If even if you got Casper adopted to all the merchants all across the world, it's not going to do anything in his perception. And I will care to agree. I think down the line sure but once more that goes back to his first question up here about how right now the adoption comes from you know the adoption come from you know the the proof of concept the use case and using Casper as a form of money while is the kind of the initial thesis and goal if you will with the introduction of stable coins that are a lot more trustworthy or a lot more accepted by trady and defy community and users protector here while fantastic is not going to what drives it adoption once more that you want to get that initial adoption taken off before that you know question four marketing is a sensitive topic in the Casper community some argue Casper as a project uh needs a coordinated topdown marketing push to compete with chains that spend heavily on visibility other believe each product building on Casper should run their own marketing and adoption will follow accordingly uh from that where do you stand now this was quite An interesting one for me. He says marketing and narrative settings are topd down.

[00:16:33]Founders builders set the narrative and connect it to the road map. The community is a is the voice amplifier.

[00:16:40]It gives flavor and defines the tone and solve the project. Marketing is a story hook. You catch someone's interest, but then they want to do something with it.

[00:16:49]If you have no product or interesting onchain activity, you've wasted the hook and their curiosity fades. Therefore, 90% of your efforts should go towards accelerated product development.

[00:17:01]Marketing is the bare is in this bare market and in general when there's little market attention and capital flow is a waste of money and effort. It's what Wolfie describes as swimming against the rip tide. And that for me is something that I think is crucially important back and and that also gives a clear understanding as to why there weren't many marketing efforts for Casper back in the 20 24 cycle cuz yes we're in a bull cycle and we were seeing a lot of liquidity but Casper was not a completed project then we had Crescendo 10 BPS come out in 2025. What do we have in 2024? We started Crescendo. We had KC20s that came out. That was it. We had the start of KI and KF in 2024. Casper was still a fantastic innovative architecture and was still one of the better ones in crypto in my belief. But it was a it was in its infancy. It still is, but it was literally just birthed.

[00:17:55]There's nothing much to Casper at that point.

[00:17:59]Now we are a lot further on 10 BPS with Tokosa happening next month which will have the ability to increase to 32 BPS and more. MVP of Vogrog, Silver Script, Covenants, ZK Proofs, and many, many more. And then you get end of this year, ideally, you'll see the likes of Dag Knight coming out, full release of Vrogs, not MVP versions. And then 207, you should see the release of 100 per second. Once you have all of that out there and you see the likes of the layer 2 of Igra and Cath and hopefully maybe more who are building up the applications and use case and adoption and they're doing their own areas of marketing to get people to come on chain and activity and K are doing on the intentional level. Once you see all of that, then the marketing is much more important and a lot more impactful.

[00:18:40]People get interested on that Casper hook, the gold chain, they see activity, you see everything on there. Oh, well, it's fantastic. Does everything that XRP, everything that Salana, everything that Ethereum does, but better, faster, cheaper. So, I completely align with this. I agree with this. And I think that's also why when we heard that announcement from Jonathan uh on the Discord community, you know, I think it was December last year, so about 6 months ago, seven months ago now, they talk about getting a marketing team.

[00:19:05]Well, we've not heard nothing more from that just yet because there'll be zero product marketing right now when the market is not in a position to see a massive interest in liquidity because we're in a bearish trend for the most part. We're seeing more bullish momentum right now, but for the most part, we're still in crypto's eyes in a bearish trend. Stocks a different story. stocks is at alltime highs and rallying higher, but Bitcoin was down 35% from alltime highs. Casper still down 80% from alltime highs. Most projects are still down significantly from all time highs.

[00:19:34]We're not in that position just yet.

[00:19:35]That will hopefully change, but time will tell.

[00:19:39]Before I get to rest of the questions though, let's get into some quick comments from the community. Welcome back, Dimitar. As always, you were first. Future Cry Elite is here.

[00:19:45]Finally, we get a little uptrend. Yeah, Kappa's doing a lot better today, which is good to see. Uh, and I do hope so.

[00:19:50]Capper will eventually melt faces.

[00:19:52]Welcome back Blue Billet and you D and you too Jay and C breaking out now. It looks like it's doing better today. I'm hoping we get uh a breakout. We're seeing a breakout of sorts breaking above this level here of 0.037.

[00:20:04]Whether we could break above 4 cents to 4.5 cents, this support zone here or level of sub zone here will be crucially important. If we could break above that, we will turn to levels we've not seen pretty much since 2025. We saw it briefly. We saw it come down since the beginning of January down here.

[00:20:23]So we could turn these levels be fantastic and then of course the next level and then I start talking about higher levels of resistance to look into as well. But as highlighted here, maybe we're starting to see a shift in regime and come back to Casper and it could be driven by the fact that crypto seeing that increasing adoption again for the time being. Uh that's driven by a massive risk on sentiment and also Casper got some big updates coming through that might also be driving this adoption to come back as well.

[00:20:49]Uh, welcome back Night Rider Bentley to the Hummers Casper about that 100%. I guess that more and more YouTubers are coming back. A good sign. Um, is that a good sign? Yes, I guess cuz if more YouTubers are coming back, it means that Kaspers are obviously performing well enough to where they can get views and get, you know, impressions and stuff. So, it is definitely good that more are coming back. Um, it's nothing like a ball signal by any means.

[00:21:18]Um, but yeah, the more YouTubers that come back or more users that start making because it Casper means that this project's worth talking about. Either they knew about it ages ago didn't bother because the figures were so bad and no point in it or they now figured that there might actually be a reversal trend coming through. We have heard some people like uh TA experts if you will uh calling for a reversal signal for Casper right now. I'm still playing it by ear because ultimately no one's got a a crystal ball. And while macro trends are looking stronger right now, there are still many many cracks that are forming stuff that I covered with my VIPs earlier today. If you want to find out what those cracks were, either be a YouTube member, let's do the round table we did earlier or you can learn through all the reports and findings we did in there in the VIP 7-day free trial available links down below in the description and you can join the community who are actively learning more and more in there leveling up their game, staying ahead of the market trends. Um, early doors I'd put it honestly doubled but better nonetheless.

[00:22:18]Cap for $10 or higher hopefully.

[00:22:20]Probably is still a while to wait though. Welcome back. Loud brush did very very well. And you two massamo when we finally when will finally be the next hard fork. Uh, yes next month. Next month we should be seeing the hard fork according to the core devs. Uh, and after that will we get stable to Casper?

[00:22:37]Well, technically we have got stable on the Casper through IGRA and Casper.

[00:22:41]We've got Circle and Tether and I think some other ones as well. Um, in regards to native on the Casper layer 1. There's no current road map for that. With the likes of Voggs, uh, it does allow for the ability for people to build native assets on Casper. So, you could see areas of that, but there's currently no road map or projection for stable coins natively on Casper. You have got native you have got thermal coins bridged on cattle which is the effectively exact same thing. It's just it's just um going through a third party like unis swap as opposed to going or hyperlane as opposed to going to directly to the source of circle and tether but that cost a lot more money.

[00:23:20]Welcome back hyper you did very very well and new to straight shooter. Let's go Casper indeed. Let's go Casper. Art welcome back. I knew it was time to be bullish when my boy J is bearish. I said I was bullish shortterm.

[00:23:33]I said I was bullish short-term. Overall bearish but shortterm. The the data supports bullish shortterm but the cracks in the data suggest that we could potentially see again if the cracks are welded together then we going to be bullish again. But right now bullish shortterm the cracks are forming. If they aren't patched up a potential crash is coming. Not financial advice once more. Do your own research. Uh and welcome Wealth Ranger. He only turns up when Casper's doing well as well to FUD Casper. Welcome back. Lord have mercy.

[00:24:04]It's almost time for Lamborghini Mercy.

[00:24:06]Uh Casper to $10 or higher. Maybe some point in the future, but I game still we got a long time to wait cuz $10 cash will put Casper at a $280 billion market cap. $280 billion. We're currently at one. You want 28x.

[00:24:22]Not realistic right now. In the future, sure. But right now, 28x is probably not going to happen from here. Is that even right? No, 280x. Sorry, not 28x. 280x.

[00:24:32]Not happening in the next year, that's for sure. At least in my personal belief. Again, it's not financial advice.

[00:24:39]Anyways, to continue on. Oh, let me get a drink actually first cuz my mouth is dry as hell.

[00:24:46]Okay. Now, fifth question related to that. Casper has kei the foundation and multiple independent initiatives pushing adoption for different angles. is that scaffolding actually working and he said I did not plan the scaffolding and I have little visibility into or understanding of what these entities are trying to do regarding adoption this is all this is to be distinguished from ke very clear and sometimes underappreciated efforts to support capital development on which I have full context and gratitude but readoption I'm not sure I should have full context on others efforts I act in my own on my own sphere and according to my own in instincts and I'm not and I don't think other people or entities plans should inform my own and I think that's a fair point as just saying I don't know what the likes of uh Ky I found Foundation other people are doing because it's not for me to know but like but it's he's not saying it's a bad thing he's just saying I didn't plan for this to happen but it's happening so it could be something to look forward to I guess and Ke I do think Ke is definitely underappreciated while there is still a lot of controversy around him at times driven a lot by the shy community.

[00:25:59]Um Kev has definitely done a lot of work to get back at these certain events, tokenize London, to get Solinsky to appear at Alpha Junior. That's definitely the Kef's effort there. So they've done a good job in that regard.

[00:26:13]Next up, do you think the lack of a unified voice is hurting capital's ability to be taken more seriously by institutions and builders outside of the bubble?

[00:26:22]Very interesting question there actually. And he says here, "The lack of a unified narrative hurts, but not a lack of unified voice. The community is the voice. I attempted to address the narrative issue. Admittedly should have done it much earlier with recent material around the real time real time centralization which distills C's unique value proposition and connects it to the road map. I'll be more vocal about this narrative in times uh and places where I feel that be effective." So he's basically just saying it's down to me not getting into it early enough. I didn't get into this early enough, didn't cover it early enough, uh, and address Kappa's clear road map. Not having a unified voice is whatever, but it's not having uh, a unified narrative and a road map that ultimately hurt people and hurt uh, potential adoption, but that's coming through now and the updates coming through coming through hopefully solidify that stance as well.

[00:27:16]Um, next up, halfway through now, before we get into a little bit more, many in the community feel Casper's tech is generally ahead of its narrative.

[00:27:26]What's the gap there? Is it a marketing problem, a timing problem, or something deeper about the project's communications? And he said, on what points Casper ahead of the narrative?

[00:27:34]Ahead of the narrative and superior tech are different axes. One aspect where I see Kaspar ahead of the narrative is the universal scheduleuler. I hope to complete the research phase with O Numa very soon. Another aspect is net split resistance split to 100 bps as a narrative. This belongs to a defensive category closer to Zcash privacy's narrative. Rather than promoting a positive f feature or activity pushing this requires full orchestration, the usual R&D pipeline investigating alternative communication methods and a wide network outage live demonstration and prepared media coverage. We will get towards it in Q127. Our hands are currently full. So we've got 100 bps and you know the whole proof of internet outage and Casper internet chaos resistant that won't be proven until 2027 and that's going to be a critical test. So point being is in that aspect then I want to argue and speculate.

[00:28:23]Now, if Casper, and I think it can, if Casper can hold on, hold strong, get some adoption, stay true and survive until 2027 and you have this development come out in Q1 as hopefully going to be coming out according to Solinsky and they can prove that an internet outage with Dagite and 100bs that Casper can retain its network infrastructure.

[00:28:53]and is resistant to that. That for me will be a critical selling point if you will for adoption.

[00:29:02]Cuz it stands right now there is not a single network in this space that can do that. Not even Casper right now. Nothing can do that. If Casper can prove that it can be internet chaos resistance. So if there's a cyber attack, everything goes down but C stays up the adoption will flood in. Of course, after that comes through, then the marketing comes through because then you've got an actual product to show it to people.

[00:29:25]So, that is something I think is very interesting as well.

[00:29:29]No worries, Night Rider. Night Rider, you're doing very, very well, brother.

[00:29:32]Welcome back. Thank you for being here and we'll talk to you very soon, my man.

[00:29:35]Have a great weekend. I hope you had a great weekend. Have a great evening as well. And yes, go subscribe if you enjoy the content. Leave a like, share, and subscribe for more. All that good stuff as usual.

[00:29:44]8 out of 13. Uh, and this is only the first part by the way. Second part has not come out just yet, but it's the first part of the question. So, we still got a few to cover later on down the line. Some talk publicly about Casper as ideal infrastructure for DeFi sequencing and institutional clients. That's a very different audience than retail crypto.

[00:30:01]Is institutions the real target? And is the retail narrative just a placeholder until institutions are ready? And I'm going to give my own take on this, but some said here that institutions are the last to move as far as I can tell.

[00:30:13]I'm not sure which retail segment you're referring to, but if is retail investors, they typically precede institutions. I don't think I've implied otherwise. One context where I mention institutions is that there is a specific flavor of proof of work still value cryptocurrencies and best crypto institutions have a sharp nose for this with implications of for how the project organizes itself. Now, yeah, fair. My stance on that is similar to what we heard from um uh BJ on Tuesday. which is retail especially in this instance of crypto they front run institutions so retail you know cas is meant to be for everybody that's the whole kind of re form of money made for everybody that's how c meant to be and we for the first time in history was able to frontr run institutions but you got to remember the 20% the the market is split more or less into a 2080 which is 20% of the market is institutions and they make up 80% of the capital. That's not an exact measurement, but that's typically speaking how the financial markets work.

[00:31:17]That's what VJ who has a history in the trady markets as a financial adviser.

[00:31:25]Here's what he's saying. The Trafy the institutions, they make up 80% of the market. They're 20% of the of the market and make up 80% of the the value in it.

[00:31:34]So, while Casper isn't necessarily targeting institutions, you can't ignore them. You can't prioritize either one or the other. Or if you were to prioritize one, I would argue prioritizing institutions would be the smart to play.

[00:31:47]If V's going to come in regardless, you know, V people used to buy Tesla. If Tesla targeted for the Vita, maybe with Tesla cars, but now they're building, you know, AI bots. That's not so much for the people or Nvidia right now. But Nvidia, their chips have got extortionately expensive. Is that for the retail market? No. Before the AI boom, yeah, maybe. Of course, big companies still buying up, but now you've got this AI boom going crazy. Nvidia is now number one.

[00:32:19]That's purely for institutions to build up the the AI products. Retail cannot get a hold of that. You target institutions. So, I don't think I have to target the institution, but I'm saying you don't want to if you're going to priize one or the other. You prioritize the institution, not the retail. If you want adoption, if you want use case, you want the the product to succeed. That's just logical.

[00:32:40]Now number nine here to brings confidence civil script and base applications. What's the realistic timeline for a sales application not a demo to actually live on capital layer 1 after the fork? And he says small apps can be launched immediately post hard fork as covenants heavier apps will also be ready soon hopefully for the hard fork. Um but that will but that you'll need to confirm with Hans and Maxim though to me serious means with the potential to bring your real usage. The bottleneck here is not Casper's onchain feature but rather Casper's business de talent. So it's just saying bringing on some big strong real use case project to Casper. It's not a problem of Casper's architecture itself. It's just can the developers the business developers create something that's going to be useful. That's all it is. Can the community or the business developers that's not saying core developers just saying people who are in business who can develop like you got cityscape for example who seems to be a business developer worthy developer. if people like him can build something that's really really useful on Casper that will bring adoption. That's the that's the that that's the the bottleneck if you will.

[00:33:44]And then here is probably one of the this is this is the conflicting point.

[00:33:51]The conflicting point here one of them there is an active debate around ZK native execution versus EVM compatibility as c long-term progability a path why prioritize decade native architecture over leaning fully into the existing EVM tooling that layer 2's already bring is this is the long-term picture of ZK native layer 1 EVM layers as a transitional bridge and he said there's no active debate EVM is an outdated tech uh antithetical to casual a boutique brand but talent declaring a move away from it should be enough to end this imagined debate and we heard that earlier this year. And layer 2 takeover is a nightmare for layer ones especially as such an early stage before the layer one has solidified the status it fragments and the efforts and me the messages the execution layer the standards the expectations the observers it creates a surreal situation where the project is trying to grow its network effects whilst trying to fend off power networks lay one development network efforts serve layer 2 the reverse never happens I invite you to skim through uh pub uh R&D TG channels and validate this. I know of no crypto project that has that that had to deal with this early in layer 2 is trying to siphon it bet before it secured its own. We got some more here as well cuz do your own research. This is what sparked some debates. No surprise there as always because Pavle has something to say here as well where he said that I have tremendous respect for S Pilinsky, his research, his ideation and his contributions um but also his inaccuracies.

[00:35:27]And he basically just gone to say that he kind of picking out his argument here saying that EVM is outdated tech TCP IP is outated too. EVM chains hold 80% plus of CL D5 TVL big actors are risk averse and prefer audited battle infrastructure which is fair that's completely fair. So even though even without the tech it's still leading the current crypto market but you can't negate wait look met Vitalic declares to move away not a move away risk 5 replaces the execution engine underneath EVM stays at the interface layer if anything risk 5 is EVM doubling down on EVM longevity by giving a faster back end now I'll be honest this stuff here the actual the the actual like it's not like I don't understand this part and honestly I I do get it but how I could further explain this I don't have means to do that right now. The way I'm seeing it is some saying that EVM is outdated and is moving away and people saying you might say EVM is outdated but it's still got significant market share from DeFi and Vital is not moving away he's just shifting slightly but he's still in EVM and I can't confirm or deny that because I understand the actual underlying architecture. I can't say for for certain that risk 5 is most definitely EVM whether Slinsky or Vitalic boot or or Pavle hero is right but it's interesting to see the perspective from both of them. uh layer to the parasetic.

[00:36:52]I do see some's point here where he's saying layer 2 is coming on so early when a layer one still to establish itself is not great and thus pathetic most layer 2 today's are central sequences it doesn't do that it's a base roll up so pe saying here like in response to his claim I guess is that layer 2's la too early on a layer one you think it's pathetic fair enough sure whatever but the difference is those layer twos are centralized where based roll up we actually util slice the layer one completely and this could completely so we won't be stealing anything on cast layer one we're going to be help contribute to that layer one dev serve layer 2's reverse never happens and he's saying well Ira will IG is got an open source cast wallet um and that on the way as well legend has been declared dead and he's saying by whom and truth be told I have read through documentation and layer ones are definitely the like the main focus the sole focus I read that through from signum bank earlier where layer ones had the majority of like adoption but lay twos aren't dead so that's not necessarily true uh it fragments the efforts every project building on or any other role expands around brand outreach and user base expanding progability expands capital reach ticket does not does the opposite and to be fair this isn't news to us we I'm sure if you've been in this community for a while you at tokconized London back in December, you would have heard the exact same thing. The kind of debate between Yos Bolinsky and Pavl where they're both brilliant minds both have their own ideologies and I don't think they're both incorrect but they have different perspectives and P's just trying to say your distrust and hate for layer 2 in fragments of the network aren't incorrect because most of layer twos are centralized. you said about coming on early is also not incorrect because yes that they they do cause that fragmentation but a is not like every other layer too. It is a roll up as opposed to a centralized sequencer and that is going to benefit Casper as opposed to hinder it and when Casper has not got any proper application on it just yet having a layer 2 to bring in adoption is going to be more beneficial than having nothing on it at all. And I think that's a fair point to make.

[00:39:13]I might make a video on this some point later this week. If you want to see that, let me know by liking this stream and leave me a comment in the chat right now. But otherwise then it is an interesting debate back and forth. Um he goes on to this part here about that.

[00:39:28]I won't go through every single question now. The last two I won't go through those because you can read this post.

[00:39:33]I'll post this if it's not already in there. I'll repost it in my feed discord community links down below in the description. Um but for me the part I think the most important is this last part here before the last part of part one.

[00:39:47]If you had to name three big things that had to happen in the next 12 months for Casper Don to be considered real not by you but by an outg skeptic what are they? This question should be directed at the crypto crypto more broadly not just Casper. One thing that must happen for crypto adoption to be considered real is the new capital interest in cryp in using crypto platforms uh in mass when it happens you'll know immediately it will be visible in clear onchain metrics in fact Casper is not lagging behind or far behind the rest of the crypto in terms of adoption only a handful of projects have found product market fit the rest are ghost chains fueled by synthetic activity that's not saying that adoption shouldn't be our top priority just putting the things into perspective So he has actually in confirm right now Casper is a ghost chain and again depending on definition is by and large the adoption of Casper is there is increasing but it's still a fraction of what a handful and once more majority of crypto projects majority are ghost chains it's only a handful that actually have a product market fit that have adopted onchain activity likes of for example that's why did so very Well, recently cuz it's got actual use case launching activity.

[00:41:03]We saw a massive valot with it recently as well. You know, they they had a recent partnership with JP Morgan, Mastercard, Ripple, DTCC announcing that they're one of the 50 firms that'll be utilizing their new token tokenization service. Black Rockck Fun new tokenization funds that go through as well. Fifth reserve governor speaks on tokenization also helps benefit on 30 billion onchain activity ro asset crosses through ono and so huge huge week for that's what on so very well actual proof actual product market asky was mentioning kasp's not got that yet it can get that I think it will get that but it's not got that yet so indirectly speaking to pilinsky did say that casper is a ghost chain and that is what sh highlights here kaspur highlights here. Jonathan score cases chain. He's not wrong. Cas had to find his product market fit. This could change or could this change after the hard fork and I think it can but it's not going to be an immediate catalyst again. And SH highlights here. Wow. Who would have thought that all it takes for a magnificent tech for all it takes for a magnificent tech to become a ghost chain is a founder that actively sabotages the ecosystem. And that is I think his way of saying his distrust and hate for layer 2 and those sort of like eagle side of things has actually impacted the network quite negatively making it a ghost chain.

[00:42:27]And I mean again whe you love or hate shy the fact matter is is whatinsky said that cat right now is in the same category as many other projects in crypto which is a ghost chain that could change. Uh I'm hopeful I believe that capital will change that given its incoming developments, but you need to have something that's going to give Casper a product market fit. So capital right now being perceived as a move of exchange form of money cannot be his product market fit cuz right now no one cares for that cuz right now stable coins is the uh the metric or the the asset that is utilized for that perceived by the broader public. So what would the product market fit for Kappa?

[00:43:06]Therefore, for me, it would be a layer 1 SQL server protocol layer that be internet chaos resistant stuff that you'll see following Dagnite on 100 BPS, which is why I'm saying if Kappa can continue to perform, do well, survive for the next year or so, and those proof of content come out and is utilized and care I launch their products and stuff on Casper, which I think they're going to be doing the next couple of months, if not month, then that will give Casper a product market fit and then the onchain activity will start rallying up quickly and that will subsidize the miners. the price and we all start talking all bullets about Casper again.

[00:43:41]I have zero dark cap is going to do well even now and Johnny as I skipped over did combat Pavle here basically just saying like you are layer two businessman and entrepreneur don't talk about layer one stuff which I disagree with Johnny here personally I'll be frank I do think if you are a layer 2 building on a layer one, you are within your right to want to at layer one to do things that's going to help support you.

[00:44:15]So, you want to talk about it. I think that's fair. You know, if you're if you are with Santandere Bank or whatever bank you're with and they're making policy changes that doesn't align with what you want, you may want to change or address the issue. So, I don't think kind of saying that you should just you should just forget you should just leave that alone, only focus on what you're doing. What he's doing is on Casper, so he needs to address it and talk about it. So, I disagree with that element.

[00:44:41]But, you know, in regards to this part here, I I I yeah, there are parts where I agree, parts I disagree, as per usual.

[00:44:50]Um, but yeah, it is it was just a little bit of a, you know, uproar again in the Casper community debates. Although I would say this is not an unhealthy debate to have. is debates regarding that the director of Casper from Jonathan Pavle Johnny and then Shai just chiming in on the side as well.

[00:45:13]Um, I'm interested. I I'm I think it's healthy having these talks.

[00:45:19]Um, and hopefully this will uh give us a greater focus and diversion for Casper to find that product market fit to find what's going to cause that adoption and let capital start to start breaking out as it hoping and believe it will do.

[00:45:33]Right now again doing better today.

[00:45:35]Hopefully see it continue. Want to see try to breach the 4 cents and then some.

[00:45:39]We have to wait for that to happen.

[00:45:40]Still got some time ahead of us. I still think bull is short-term, but how much further we got in the tank will depend on this week's report, CPI, PPI, new Fed chair decisions and whatnot, and other key due political developments that we still have to wait for announcements on. Now, as a final post or final announcements, big stuff coming from Gayscale here regarding towels, new a new colonel towel now Salana via wormhole. So, TA's looking to be in the strongest spot right now. uh Grace's beta trust G towel you know so Grace is now subsidizing a support in tower more so increasing their allocation in tow right now it's at 25.2% 2%. Tower is currently up 6.5% right now. I think Tower is due to have a massive rip soon. Um I did highlight this was a potential entry zone into tower back in February of 140. That was my yellow zone. That's like the zone I thought to I still did highlight and I still hope the cow go below 100. But with the um waving how it's going right now, $100 towel may be tough to see again.

[00:46:47]The only way I think we see that is if we see those cracks that I've been highlighting and hinting at form striking themsel and AI being kind of the causality of that crack which that that is one of them and we see AI just have a massive plummet but that won't for me be the end of AI. I think A will still come back after that. But that could be a big hinder to tow it or come down. People buy the bottom and run it back up. But tow had a great entry around here. Uh TA's doing strong right now. It is likely going to continue.

[00:47:17]But I do think there are still potentially low entries for Tao.

[00:47:20]Hopefully I think we'll see that, but I think TA's also that could probably surpass a thousand. I don't norally do my predictions but given TA's alltime high was at $750.

[00:47:30]I don't think a $1,000 tower is unreasonable to believe happening.

[00:47:35]When though I have to wait and see right now this bull market by and large we've got like if it is a fourear cycle the is still very much intact. We got to like 20 29 2030. So been just seeing some early bullish pumps. the relief rally.

[00:47:48]This typical kind of thing you normally see after a bull market where you see it come down this nice little relief here and then it might come back down again.

[00:47:56]I'm still under the impression we're currently in this phase here.

[00:48:00]That was a nice what 43% pump. Currently in this market right now since this bottom here we've seen a 36% pump. So we to follow history we could see running back up to about 90k give or take. If we go above 100k I'm bullish again. If we surpass 90k, I might be leaning more towards it. But otherwise, 90k is kind of like where I think we'll probably end up topping out potentially. 90 90 95k around here.

[00:48:26]Let's just draw a box out. Uh and then I think we might just see the cracks form.

[00:48:32]If the cracks do form, the cracks will form and then we'll see the reversal pullbacks further.

[00:48:38]Maybe I've been hearing people saying at around 34k if I take this zone here. You see that? And then that's where the strong cumation will start there if not earlier because got to keep in mind that institutions are here. We're in a different market. You can't just follow retail sentiment anymore. You've got to follow what institutions are saying. And once more the VIP we did earlier covered this document from city here. That was a big institutional wealth insight. What they tell their wealth clients and what they're thinking to right now. They're buying right now. They're not actually holding cash. They're buying a lot of stuff right now. If you want to find out that document, get access to the document and watch this round table. You can do join as a C uh Caspian uh YouTube member to get access to this round table and the previous ones as well. Or better still, sign up to the VIP 7-day free trial. Get access to all the research, the documentation, the private live streams, the trade alerts, and much more. The gears we making in there. We had this recently as you can see, gains from our community here, and you can see some games from our recent BY Defy Traders as well. All doing very, very well. So hopefully it will continue.

[00:49:41]Um but yeah, with that being said, family, that does now conclude today's crypto live stream. If you enjoyed, you know what to do, leave a like, share with your friends, and subscribe for more. Are you interested about that earning Casper from surveys and app sites? Um me personally right now, I'll be honest, no. I think there is definitely a use case in that and I think that it can be something that is adopted quite widely because there are people who do like the ability to earn stuff by you know partaking in service and apps and stuff like that. Um I never really me personally I never really did that stuff. That's why my interest is not high. Not because I think it's a bad application cuz I never I never really did it. It was not something that I did.

[00:50:27]I I would I never did it that way. So, but it's not to say that you shouldn't do it, brother. I know you're going to try and build it. So, you want to build it. Definitely. I think more power to you and follow what it is you think is right. Right now, the more applications we get on capital, the better. And the more that has some real use case, the better it'll be as well. So, if that's what's going to help, then by all means, go for it. Anyways, if you enjoy the stream, as always, family, leave a like, share, subscribe for more. You want to find out more about crypto and cap, check out the video discord server links down below in the description. And if you want to level up your game, get ahead with our strategies, check out the VIP 7-day free trial. Once again, links down below in the description.