加密资讯速览：Robinhood 链精选项目与《清晰法案》最新动态

还是干脆冲进吉莫蒂，反正我也说不准。

Or do I wanna, like, ape into a a a Jimothy that's I don't know.

说实话，我真的拿不定主意。

I honestly don't know.

我是挺喜欢这两个的。

I mean, I kinda like them both.

这正好说明，现在市场上各种项目真是五花八门。

But this just goes to show you there's a very diverse, diverse showing of, everything that's going on.

所以，确实有不少不错的选择。

So, you know, there's there's some good ones out there.

对了，我把FWA也放这儿了。

And then, oh, I put FWA on here.

要是不介意的话，点一下FWA。

Click FWA if you don't mind.

会弹出一个走势图。

It will bring up a chart.

这个项目还结合了NFT。

This is another one that incorporates, NFTs.

它叫Fake World Assets。

It's, it's called fake world assets.

我本来想在我们之前的通讯里推荐一下，我觉得链接还留在我们的表格里，如果你感兴趣的话。Joe和我一看，市值都两百万美元了，但问题是这代币根本买不到。

And I wanted to make this a call on this, our past newsletter, I think I have it linked on our sheet if you curious, and Joe and I were looking at it like $2,000,000 market cap but the only problem is is you can't buy the token.

我当时就想，不能推荐一个买不到或者很难买到的代币啊。不过这个机制挺特别的，就像以前的宝可梦卡牌，你花250块钱买一包，拆开之后能拿到卡片，还能在公开市场转卖，那批卡牌的代币就卖得特别火。

I was like we can't give a call out where you can't buy the token or it's not easy ish to buy the token But this is a unique mechanism where, you know the gotcha, the cards where you could pay money and you $250 and you get a Pokemon gotcha pack, and you could rip the cards, you could sell the cards on an open market, that cards token did really well.

而这个Fake World Assets，玩的就是同样的套路。

Well, this is fake world assets.

他们本质上是用NFT来实现这个模式。

They're essentially doing it with NFTs.

创始人就是那个做过Token Works和Punk Strategy的人。

It's the guy who created token works, Punk Strategy.

你上他们的网站，可以买一些盲盒，打开后能拿到一个NFT，然后你可以选择留着它。

And you go on their website and you could buy essentially packs where you can open an NFT and you have the option to keep the NFT.

还有一枚CryptoPunk，被人赢走了。

And there's like a CryptoPunk that was like someone won.

这事儿说来话长。

There's that's a long story too.

我不细说了，但那边确实有个Beeple在流通。

I won't get too into the weeds, but there's like a Beeple floating around there.

还有大量那种一万张的TTT，基本没什么价值。

Then there's just a lot of like these 10,000 TTTs that are pretty worthless.

但有些NFT的价格正在上涨。

But some of these NFTs are going up in price.

有人把NFT提出来，不过你可以选择保留NFT，或者兑换背后支持的ETH。

People are pulling NFTs, but you have the option to keep the NFT or take the ETH that is backed behind the NFT.

如果你这么做，就能换成FWA代币。

And if you do this, you're able to swap it in for the FWA token.

所以它的流通量非常低。

So it's like a really low float.

想拿到这个代币，唯一的办法就是去他们的平台，通过平台操作来获取FWA代币。

The only way you can get access to this token is to go onto their platform and utilize the platform to get the FWA token.

他们说，大概再过十天左右，这个代币就会上线公开市场。

They're saying that within, probably ten days now, in about ten days, that this will be on the open market.

所以呢，如果你对这类东西感兴趣，我建议你把它加到关注列表里。

So again, it's just something for everybody, you know, if you're interested in this sort of thing, I would say, hey, put it on the watch list.

它的价格从几百万涨到了大约一千二百万美元，涨得挺漂亮。

It had a nice run up from, you know, a couple million to about $12,000,000.

后来有人开始抛售，但价格一直稳在八百万美元左右。

And then some people have been selling out, but hanging out around $8,000,000.

但这个团队确实在做些挺特别的事情。

But the the team is obviously doing some unique things out there.

他们玩得还挺开心的。

They're having some fun with it.

这正好说明，我们正进入一个非常有意思的时代，尤其是有了这个Robin Hood链。

And it just goes to show you that, you know, we're we're moving into a very interesting world with this Robin Hood chain.

还有一件事我觉得特别有意思，就是那些跟代币化股票挂钩的迷因币。

And, one thing that I I think super interesting are these meme coins that are attached to tokenized stocks.

还有些我没列在清单里的。

And there's other ones that I didn't even put on the list.

我能没完没了地说下去。

I could go on and on.

光是聊这些投资机会，我就能讲上一个小时。

I could spend an hour on our rundown talking about different plays and different ones.

比如有个AI项目跟英伟达绑在一起。

But there's like AI in you that's paired with Nvidia.

他们的股票还跟SpaceX挂钩。

Their stock's paired with SpaceX.

他们把迷因币和代币化股票这么结合，真没人这么干过，但大家好像还挺买账的，至于这股风能吹多久，咱们走着瞧。

So they're they're really incorporating meme coins into tokenized stocks, and we'll see how long this meta lasts, but nobody's done it, and people seem to like it.

说得有道理。

Fair point.

所以这就是为什么大家愿意加入这个社群的原因。

And that's why, you know, that's why people wanna be in the community.

如果你对这些深度分析感兴趣，想第一时间收到Brian和Joe关于这些内容的提醒，详情请看简介。

So if you're interested in all these deep dives and getting the first alerts around this stuff with Brian and Joe, check out the description.

我们提供Momentum Moneymakers VIP的1美元试用，这是Brian和Joe的社群。

We have the $1 trial for Momentum Moneymakers VIP, which is Brian and Joe's group.

你可以第一时间收到邮件提醒，及时收听，跟上Brian和Joe的步伐，看这些动态如何发展。

So you can get the first alerts to the stuff in your email box and and tune in and then be in step with Brian and Joe as all this stuff unravels.

因为这类行情一旦出现，速度真的非常快。

Because again, when you get this type of action, it happens so so fast.

我们已经有不少大玩家进场了。

So we got a holy whales in.

Arthur想聊聊《清晰法案》。

Arthur wants to talk the Clarity Act.

这个我们待会儿再说。

We'll get to that.

我们有ABN RGR。

We got ABN RGR.

朋友。

Friend.

XRP。

XRP.

聊天里又有人提到了XRP，一如既往。

Oh, we got an XRP here in the chat as always.

喜欢XRP的粉丝们。

Love the XRP army.

接下来，我们先聊一下弗拉德被黑的事，然后再继续其他话题。

As we continue on, let's hit, I guess do we want to talk about one more thing and we'll talk about Vlad getting hacked and then we'll move on to, the rest of the topics.

是的。

Yeah.

我提到这个是因为，昨晚有人黑了弗拉德的前伴侣。

I put this on there because, someone hacked Vlad's ex last night.

所以大家在外面一定要小心，很快大家就发现Vlad的Twitter被黑了，因为他的头像被改成了他戴着罗宾汉的帽子，而且有人开始炒作一个叫‘Vlad Hood’的项目，被黑之后，这个项目的交易量达到了三千万美元。

So just be careful out there and it pretty quickly everyone realized that Vlad's Twitter got hacked because they've changed his PFP to him wearing, a Robin Hood hat, and and the they started touting something called Vlad Hood, but it did $30,000,000 in volume after it was hacked.

黑客赚了大约一百万美元。

The hacker made like a million bucks.

有人想趁机拉盘。

People are trying to CTO this.

这是一场社区接管。

It's a community takeover.

很明显，这是一次黑客攻击。

So obviously it was a hack.

我没参与这个。

I'm not in this.

我不会建议任何人进场，但这正好说明Twitter上什么都有可能发生。

I'm not recommending anybody get in this, but it just goes to show you that stuff can happen on on Twitter.

你不能盲目跟风进场。

You you can't just ape into things.

你得特别小心，因为有个叫Vlad Hood的代币，市值高达三千万美元，而Vlad的账号被黑了，具体情况我也说不准。

You gotta be very careful because it there's $30,000,000 of a token that called Vlad Hood that where Vlad was hacked and, I don't know.

大家不得不把这事公开出来，因为当时这事儿在圈子里闹得挺大。

Just had to they had to call it out for everyone because it was a pretty big news cycle going out there.

现在这种事会不会演变成社区接管，然后价格一路飙升呢？

Now does this get community takeover and starts to grind up?

咱们走着瞧吧。

We'll see.

下次复盘我们可能会聊一聊，但眼下我还是选择远离。

We might talk about it on the next rundown, but right now, I'm staying away.

但外面风险真不少，总有人专门盯上新链和大家的兴奋情绪，我尽量自己和我们社区都做足功课。

But just be careful out there because there's there's a lot of bad actors, and they like to prey on new chains and excitement and something I try to do as much due diligence as I can for myself and our community.

有时候难免疏忽，一激动就容易上头。

And sometimes sometimes you miss something, you get very excited.

这确实不容易，但我们还是尽力保护好每个人，也保护好自己。

I mean, it's tough, but we we try to do our best to keep everyone safe and and ourselves safe.

是的。

Yeah.

说得对。

That's a great point.

关键还是靠教育和社区，帮你分析信息、补充研究，最终自己做判断。

It's all about the education and community that helps you, decipher and and add to your research to to make your own decisions as always.

我们来看看币安链上的数据。

Let's pull up coin market cap.

挺有意思的。

Interesting.

我一般会先快速看一下恐惧与贪婪指数。

I always find it if we just first, guess, hit Fear and Greed real quick.

我们现在一直处于恐惧区间。

It's like we've been in fear now.

过去一个月我们一直处在恐惧甚至极度恐惧的状态，但有意思的是，就在这种市场恐慌的环境下，居然还出现了Robin Hood链的爆发式增长。

We've been extreme fear or fear for a month now and I just find it I guess, interesting is the right word that you have a Robin Hood chain blow up, a a glow up, if you will, during a fear Crypto Fear and Greed Index.

所以你看，我觉得这些东西是不会消失的。

So, you know, it it shows you that, in my opinion, that this stuff isn't going away.

对吧？

Right?

人们喜欢这个领域。

People like the space.

人们喜欢在这个领域里互动。

People like interacting with the space.

我们之前也聊过，现在其他地方确实挺热闹的，尤其是内存股这块。

We've talked and covered how, you know, again, there's just there's excitement in other places right now, especially in the memory trade.

市场波动很大，上下都有。

There's a ton of volatility going both ways.

那些股票的回调幅度，有的达到了百分之二十、三十，甚至四五十。

You know, some of the corrections in those stocks have been twenty, thirty, forty, fifty.

有些暴涨过的股票，跌幅甚至达到了百分之七十。

We've seen even 70% corrections in some of these high flying stocks.

所以市场上波动很大，加密货币反而被晾在了一边。

So there's tons of volatility going on in the market and crypto kind of got tossed to the side.

但当你看到这种极度恐惧持续了一个月，同时又看到建设还在继续，这就很有意思了。

But when you see extreme fear or fear for a month long, but you also see the continuation of building.

我们会聊聊那些仍在布局这个领域的财富500强公司，比如Robinhood链突然冒出来，就让人眼前一亮。

We're going to talk about all the Fortune 500 companies that are still working in the space and you see something like the Robin Hood chain pop up.

这让我意识到，这个领域还是有活力的。

It's a step back moment for me and say, okay, this space still's got the juice.

人们依然对它感兴趣。

People are still interested in this.

Brian，你有什么补充的吗？不管是恐惧贪婪指数，还是我打开CoinMarketCap，你看一下前20名资产过去七天的表现：整体涨了1%，比特币涨了1.5%，以太坊涨了2.5%。

Anything to add there, Brian, whether it's the fear greed or I'll pull up coin market cap and you can just kind of see like the seven day for the top 20 is up 1%, Bitcoin 1.5% for the seven day, Ethereum 2.5.

这可是实实在在一点一点涨上来的走势。

That's, you know, that's grinded out price action to the upside.

这可不是坏事。

That's not a bad thing.

是的。

Yeah.

我比较谨慎。

I'm, I'm cautious.

我现在算是中立吧，毕竟现在还有伊朗和美国之间可能爆发战争的阴影。

I'm neutral right now, I should say, because, you know, we got this whole, like, Iran Iran US, you know, war overhang.

还有特朗普，天知道他会干出什么来。

We got Trump's I mean, who knows?

现在是周五下午，市场马上要收盘了，说不定伊朗那边就遭袭击了。

Like, it's Friday afternoon, markets close, we could have a strike on Iran.

这招特朗普以前可没少用。

I mean, that seems like the playbook Trump's done a few times.

再加上市场上到处都在传美联储要降息或者加息的消息。

We got, like, rumors of Fed rate cut rate hikes.

这些通常都会拖累市场走势。

So that that would typically drag us down.

所以我觉得这就是为什么市场现在出现回调的原因。

So I think that's kinda why we're seeing a pullback down.

但当你点出来的时候，我们目前其实是在横盘震荡。

But then when you like, you call it out, we're kinda, like, going sideways right now.

我们的表现看起来还不错。

We're we're looking pretty good.

过去一周，一些ETF的资金流入表现不错。

We had some good ETF inflows over the past week.

整体市场的氛围，或者说我对市场参与者情绪的感知，似乎稍微积极了一点，不过现在毕竟是七月中旬。

The the overall market vibe of just, like, the pulse I have of people in and out of it seems to be a little bit more positive, but, you know, it's it's the middle of July right now.

我还是觉得，我们短期内会继续在震荡区间里徘徊。

I still think that we're gonna be in the chop zone for some time.

我差不多一年前就开始说市场会震荡了，但事实确实如此。

I've been saying chop zone for, like, a year now, but it's true.

我个人觉得——当然这不是投资建议，我也看不到未来——但我觉得真正的转机可能会在十月左右出现。

I do personally think if I I mean, not financial advice, I can't see the future, but I think we think things really start to pick up come, like, October.

我真的很期待这一点。

I I I'm I'm like I'm pretty excited for that.

我觉得那时候大家会重新回来。

I think I think that's gonna be like people are back.

这会是积极的一个月。

It's a it's a positive month.

七月对加密货币来说通常也是上涨的月份，挺让人意外的。

July is typically a pretty green month for crypto as well, surprisingly.

你可能想不到会这样。

You wouldn't think it is.

而八月则通常是下跌的月份。

And then August is a pretty red month.

历史不一定重复，但我们会看看情况怎么发展。

So if we're you know, history is not doesn't always repeat itself, but we'll we'll see how it all shakes out here.

这大概就是我对未来走向的看法。

But that's kind of my 2¢ on, like, where we're going.

我们可能只是在横盘整理，但我觉得上行的回报机会远大于下行的风险。

We're probably just going sideways, but I think it's I think the opportunity for reward in upside is way bigger than where the downside could be.

今年我们什么都没少见，战争、关税、黑客攻击，全都有了。

I mean, we've seen everything this year, wars, tariffs, hacks.

这些事儿我们都见怪不怪了，市场还是稳稳地横盘着。

I mean, we've seen it all and we're kind of just shrugging it all off and going sideways.

对。

Yeah.

而且市场很多时候都是前瞻性的，会提前反应，对吧？

And again, the markets, a lot of times are forward lean, you know, leading, right?

尤其是加密货币和比特币，随时可能大幅下跌。

So, you know, there's a vast quick downside, especially to crypto and Bitcoin.

从去年十月开始就是这样了，对吧？

It seems since last October, right?

那段时间的下跌确实相当剧烈。

Pretty, pretty momentous to the downside.

然后你就会四处看看，心想：这真的在发生吗？

And then you're kind of looking around like, is this happening?

接着你发现，嗯，比特币其实是在预告未来。

And then you see, you know, again, it's like it's Bitcoin telling the future.

你知道，以前看到其他股票和内存板块一路飙升的时候，感觉挺难受的，但现在一切都慢慢冷静下来了。

You know, it kind of felt bad when, you know, you saw the other stocks and the memory trade going higher, but now everything's kind of cooling off.

所以，比特币到底提前看到了什么，才带我们走到今天这一步？

So, you know, what did Bitcoin know kind of leading us to where we are now?

就像你说的，外面这么多事闹得沸沸扬扬，可我们反而稳住了，甚至有时候还慢慢往上蹭。

Like you said, all this stuff going around and it seems like we're holding these levels or even slowly grinding higher at some points.

挺有意思的。

It's interesting.

我知道我们这边好多技术分析的同事——布兰登、亨特、布莱斯——他们现在看到图表上的信号，都挺兴奋的，尽管价格还没出现亮眼的上涨。

And I know a lot of our technical guys, Brendan, Hunter, Bryce, they're getting excited and like what they're seeing in the charts, even though there's not flashy price action to the upside.

我听他们说得挺积极的，觉得图表上呈现的走势其实很有建设性。

I'm hearing them really talk positively about the constructive views that they're seeing on the charts.

当然，也不是说一夜之间就会回到十万，但就像你说的，秋天快到了，展望未来，我待会儿会聊到一点，就是这个领域里依然有人在持续建设、持续参与。这周我和Bryce参加了一个会议，待会儿也跟大家说说。

Again, not that it's going to overnight go back to a 100, but like you said, heading towards the fall, looking towards the future and something that I'll cover at the end of the show of just the continuation of people building in the space, being in the space, Bryce and I were at a conference this week that I'll cover at the end of the show.

就是感觉还不错。

It's just it's still it feels good.

看到这些，心里挺踏实的。

It feels good when you see that stuff.

没人跑路。

People aren't running.

大家都在往里走。

They're leaning into it.

大家都在往里走。

They're leaning into it.

尤其是机构层面，而散户那边则完全没动静。

And especially on the institutional level, whereas the retail level is completely disengaged.

这些图表就能清楚地看出来。

And you can see that with charts like these.

我们开播前刚看到这个。

Just saw this before we went on.

这里的来源是区块数据。

So the source here is the block.

这并不是我们自己的研究，但数据来源是区块。

So this is not our research, but the source is the block.

比特币和以太坊的推文量跌至一年最低，这其实不怎么让人意外，毕竟价格波动这么大，外面还有那么多事发生；不过像Robinhood这样的平台交易量却猛增，我觉得挺有意思的。

Bitcoin and Ethereum tweet volume level falls to a twelve month low, which I find not not necessarily surprising obviously with the price action and there's so much else going on, but like Robin Hood chains booming like it's I just find that interesting.

这并没有让人们对加密货币重新产生更多讨论。

It's not leading people back to a little bit more talk about crypto.

你

You

有

have

现在还有一项《清晰法案》在推进，这对我们行业来说很重要，我们也觉得很有意思，但它还没能引起普通大众的关注。

the Clarity Act going on, which we find really interesting, obviously, and big for the space as a whole, but it's not drawing the interest of the general public.

每次行情周期都是这样，大家都来得太晚，结果被套，然后就说：我再也不玩了。

Again, this is what happens in these cycles is everybody comes in late and they get burned and then they go, I'm not doing that again.

他们就干脆卖了，手太软，扛不住就跑，之后就觉得没意思，整个人都累垮了。

And they just, you know, you know, they sell their they they got weak hands, they get out and then, you know, that it's boring and it's a it's a wear you out.

接下来就是无聊到麻木，我觉得我们现在就处在这一阶段。

It's a bore you out is the next step, which we're again, I feel like we're in right now.

我倒不是说人们冷淡是好事，但如果你要列个清单，布莱恩，看看哪些迹象能说明市场可能见底了呢？

But I don't want to say it's good to see people disengaged, but like if you have a checkbox, Brian, of like, okay, what are all the things that are going to show us, you know, the markings of a bottom?

历史上从来没人能保证自己准确抓到底部，要是有人说他能，那他肯定在骗人。

Because no one in the history of trading can ever tell you that they guarantee they know where the bottom is if they tell you that they're lying.

但你得有自己的标准，找一些关键信号，就像在顶部时那样——那些以前从不问你加密货币的人，突然跑来问你该不该买。

But you want to have kind of your own rules or the own things that you're looking for and you're going to start checking multiple boxes kind of like when you're at the top, when people who never asked you about crypto or Bitcoin before start asking you if they should buy.

当我妈打电话来问我该不该买比特币，那就是顶部信号。

When That's my mom starts calling me and asked me if she should buy Bitcoin, that's a top signal.

而现在，情况正好反过来。

And now it's kind of on the other side.

人人都在问，但没人愿意谈，或者还笑话你陷在这个圈子里。

Everybody's asking, nobody wants to talk about it or they're making fun of you for being in the space.

所以这算一个信号。

So that's a check box.

推文也多了。

We got the tweets.

这又是一个信号。

That's a check box.

恐惧与贪婪指数已经到了极度恐惧的水平。

We got the fear, greed being extreme fear.

这同样是一个信号。

That's a check box.

感觉我们正在一点点积累证据，而这一点需要时间。

So it feels like we're building our case, which again takes time.

不可能一天、一周，甚至有时候一个月就完成。

It doesn't happen in a day, a week, or sometimes even a month.

建立这样的判断需要时间，只有回头去看历史图表时，你才能真正看清楚。

It takes time to build these cases and and you really don't know until you look backwards in the charts historically.

不过，Brian，你觉得这种寻找市场底部的依据怎么样？

But, Brian, what do you think about that building this case for a possible bottom?

是的。

Yeah.

你的意思是，别忘了在熊市里，每周、甚至每周好几次，都有人不断来给你送消息，因为我们真的深信不疑。

I mean, you you said, just remember who is coming every single week, multiple times a week in a bear market to deliver you the news because we're freaking believers, man.

我，还有聊天室里所有人，还有我们整个社群，都对你表示敬意，我觉得这迟早会有回报的。

I I just and everybody in the chat and everybody in our community, hats off to you because I I think it's I think it's gonna really pay off.

这种局面我们以前见过，通常我们都不想跟散户站在一边。

We've seen this play out before, and we don't wanna be on the same side as retail typically.

你说得对。

You're right.

你妈妈。

You're mom.

我老爸是最厉害的顶部信号了。

My dad is the biggest top signal that's ever lived.

他一开始跟我聊怎么在Coinbase买更多加密货币时，我推荐他看我们的教程，但他就只想让我跟他视频通话。

I mean, this is like when he started to talk to me about how he buys more crypto on Coinbase, I I pushed him to our tutorials, but he just wants me to go and FaceTime with him.

可只要我帮他，那就是顶部信号。

But when I help him, it's a top signal.

所以你真不该跟散户站一边，这过程确实挺熬人的。

So you you don't wanna be on the same side, and it's been a grind.

我懂，市场波动大、价格下跌时，谁都不想提这事儿。

I get it when there's volatility and the prices are down and nobody really wants to talk about it.

但这时候反而可能是开始慢慢建仓的好时机，因为行情通常就是这么一点一点磨出来的。

It's probably a pretty good time to start, you know, building the bags a little bit because it usually starts to grind in a right way.

等大家都开始庆祝，跟团队一起开视频喝一杯、庆祝这些里程碑时，我们也会跟着兴奋起来。

And then then we get excited too when we're all celebrating, doing happy hour calls with everybody on the team because we're celebrating these milestones.

那时候或许可以考虑拿走一小部分利润。

We might wanna take a little bit of profit there.

不是全卖了，但确实有些东西该处理了。

Not sell everything, but, you know, there there's some things.

现在我觉得我们的情况还不错。

So right now, I I feel pretty good about where we're sitting.

我很喜欢那些技术 guy，比如布伦丹、亨特、布莱斯，这些人个个都特别厉害。

I love when the technical guys, Brendan, Hunter, Bryce, I mean, everybody knows how sharp these guys are.

简直太出色了。

They're unbelievable.

当他们的技术分析跟我自己的基本面判断，还有我在各个市场感受到的氛围对得上时，我就开始变得特别看好了。

And when their technical analysis kinda lines up with, like, my fundamentals and kinda the vibe I'm seeing in all the different markets I'm in, I I start to get pretty bullish about it.

你提到推文数量，但我其实有点意外，因为 Robin Hood 给这个圈子带来了不少活力，至少在我周围是这样。

And you you mentioned the tweet volume about but I am kinda surprised because Robin Hood's brought a lot of energy into the space or at least into my circles.

下周我们有财报电话会，Hood 的财报。

And we have earnings call next week, Hood earnings.

电话会安排在二十九号。

The call is on the twenty ninth.

我今天好像查过一眼。

And I I think I think I looked at it today.

现在都快回到九十年代的水平了。

It's like in the nineties.

当然这不是投资建议，但我也不确定。

I mean, not financial advice, but I don't know.

我觉得现在入手Robin Hood的股票可能是个不错的小机会，毕竟弗拉德肯定会大力宣传这些增长数据。

I I feel like it could be a decent little stock play there to get into the Hood stock because you have to think Vlad's gonna tout these growth numbers.

他们现在的交易量这么大，业绩数据肯定惊人。

They have to be insane right now with all the activity they're getting, right now.

我知道他昨天刚被黑了。

Now I know he just got hacked yesterday.

这可不太妙。

That doesn't help things too much.

不过我觉得，等到29号财报电话会的时候，Robin Hood可能会迎来一波积极行情，继续吸引关注。

But, I I think on the twenty ninth when we get this earnings call, it could be really positive for Robin Hood and Hood and and continue to drive interest.

不过总结一下，我觉得我们现在站对了位置。

But to kind of put a bow on it, I I think we're on the right side right now.

我觉得这才是我们该待的地方——逆向思维，我骨子里就是个逆向投资者。

I think this is where we wanna be, the contrarian take, and, I'm a contrarian at heart.

逆向投资者？这话可是你头一回说。

Heard it here first contrarian heart.

我老说，咱们得在同一艘船上。

You know, I always say same side of the boat.

可也不总想着跟大伙儿挤在同一边。

Don't always want to be on the same side of boat.

这个数据明显说明了，也许这才是真正的聪明钱。

And this is definitely a statistic that shows that, you know, maybe this is the smart money.

回头看看五六十年代，聪明人那时候买的是什么，我们迟早会明白。

Maybe historically we'll look back in the fifties and sixties and say the smart money bought.

但现在我们看到的是比特币的资金持续流入。

But we're seeing Bitcoin, you know, inflows.

比特币ETF连续流入天数创下自五月以来的新高。

The Bitcoin ETFs, record longest inflow streak since early May.

我们来把相关图表调出来看看。

So we'll pull up the charts there.

最近确实看到大量资金流入，或许正如大家常说的，布赖恩主导的这个板块又回来了。

Obviously, we saw a lot of flows, recently, but, the maybe a return in this franchise around Brian as the people like to say.

长期持有者的供应量也在发生变化。

And then long term holder supply is changing around.

所以，这又是一组你希望看到的数据——当你在判断比特币未来六个月、八个月，甚至一年以上的走势时，这类信息正是关键指标，尤其是如果你相信价格会上涨的话。

So again, you're adding to the data of the stuff that you like to see when you're saying, hey, where's the momentum of this thing going for the next six to eight to, you know, nine or a year plus, you know, this is the type of data you want to be seeing if you think the price is going to go upwards.

当然，这些都不是保证，但它们确实在帮你累积证据，支持或验证你的看涨逻辑，特别是针对长期投资。

Again, none of this is guaranteeing, but it's adding to the check boxes of what you're trying to look for to build your bullish thesis or confirm it, especially for for long term.

现在，有一件事最近被频繁讨论，而且随着国会即将进入关键节点，那就是《清晰法案》。

Now, one thing that has been talked about a lot, and it's getting to the witching hour, obviously, with recess coming for Congress is the Clarity Act.

我知道亚瑟在聊天里问过关于《清晰法案》的事。

I know Arthur asked about the Clarity Act in the chat.

该到时间了。

It is time to get there.

伟大的Habish也来了。

The great Habish is here as as well.

大鲸鱼们已经现身了。

Holy whales checked in.

看到大家真好。

Good to see everybody.

如果大家能点个赞，我们在这周五下午会非常感激。

If everybody could give it a thumbs up, we would really appreciate it on this Friday afternoon.

给视频点个赞吧。

Give the video a thumbs up.

如果是新朋友，请在屏幕右下角点击我们的标志并订阅。

If you're new bottom right, hit our logo on the screen and subscribe.

我们这里有个视频片段。

We have a video clip here.

前几天安东尼·斯卡莫鲁奇在CNBC上有个挺有意思的片段。

Anthony Scaramucci had a nice little clip on CNBC the other day.

安东尼·斯卡莫鲁奇那会儿在会议上，我和他一起吃了个龙虾卷。

Anthony Scaramucci, I was had to add a lobster roll with the mooch at the, at the conference.

这周他和布莱斯还有我一起参加了我们的会议。

He was at our conference with Bryce and I this week.

他讲得不错，风格跟平时很像。

He gave a good talk, talked very similar.

我挑这个片段，是因为他那场演讲讲的就是我们这周在长岛北福克的经历。

I picked this clip because this is, what his talk was about, that we were at this week up in the North Fork Of Long Island.

这段视频大概两分钟。

So it's a two minute clip.

我打算放大约一分钟。

I'm gonna play about a minute of it.

他主要是在阐述为什么他认为《清晰法案》能通过，同时也提醒大家，时间已经很紧了。

Basically laying out the thesis of why he thinks the Clarity Act can pass, but also kind of gives the timeline of saying, Hey, we're up against the gun here.

那咱们来看看这位‘ mooch ’吧。

So let's take a look to the mooch.

是有实质内容的。

Has teeth in it.

所以民主党对白宫说，我们需要一个有实际约束力的道德条款。

And so the Democrats said to the White House, we need an ethics provision that has teeth in it.

于是白宫问，你们具体想要什么？

And so they said, what do you want?

他们提了要求，白宫就答应了。

And they said what they wanted and the White House gave

给了他们。

it to them.

但现在

And now

民主党又说，这还不够。

the Democrats are saying, well, that's not enough.

我们希望各州总检察长有权执行这些联邦伦理规定。

We want state AGs to be able to enforce these federal ethics provisions.

这真是个难题，因为那样的话，你就得重新修订联邦政府所有的伦理准则——你不能允许州政府只起诉加密货币相关问题，却放任其他联邦伦理违规行为不管。

So that's a real problem because then you have to redo all of the ethics codes in the federal government because you can't have the state just prosecuting the crypto and not all the other ethical violations in the federal code.

所以他们必须想办法绕开这个问题，达成一个折中方案。

So they've got to get around that and they've got to have a compromise.

但更大的问题在于程序层面。

But then the biggest problem is the procedural one.

距离八月休会只剩十四天了，所以像这样的法案，必须在周末前完成所有程序性准备工作。

You only have fourteen days to go before the August recess, so you need what's called the procedural prep for a bill like this to happen before the weekend.

今天是星期三。

Today's Wednesday.

这意味着明天下午晚些时候，我们就得听到消息，确认这项议案能否提上议程，以便安排投票。

That means sometime tomorrow afternoon we're going have to hear that that's in play so they can get it down to the floor to vote.

只要能进入议程投票，它就一定能通过。

If it gets to the floor, it's going to pass.

这是我的看法。

That's my opinion.

我觉得很多年轻民主党人到了十一月，根本不想跟加密圈那帮人还有他们的政治行动委员会硬碰硬。

Because I think a lot of the younger Democrats are not going to want to go up against the Crypto Bros and their PACs come November.

这是我的看法。

That's my opinion.

如果这法案上不了议程，那就彻底黄了。

If it doesn't get to the floor, it dies a brutal death.

像布莱恩·阿姆斯特朗这样的人，花了这么多时间、精力去推动，最后却只能把业务迁到美国境外去发展。

And then guys like Brian Armstrong, after all the hours and time and energy that they put into this, they start building their, businesses off the shore of The United States.

我特别喜欢听穆奇的分析，因为他真的在华盛顿待过，对吧？

I love listening to, Mooch there because he has that experience of being in DC, right?

他的基金Skybridge当然重要，但更重要的是，他有在华盛顿内部的经验、人脉和见识。

So obviously as his, his fund, Skybridge, but he has the experience and the knowledge and the connections in inside DC.

所以他刚才其实从对冲基金的角度，给了你两个视角，解释了他为什么希望这个法案能通过。

So he kind of gave you two, two looks there of like his hedge fund view of why, know, you he wants it to pass.

他认为这事能过，但他从自己在华盛顿的经验出发，给你分析了两种可能的结果。

He thinks it can pass, but he gave you the breakdown from his DC knowledge of like, Hey, here's, here's the two outcomes.

而且你知道，最后只会是这两种情况之一。

And, and you know, it's, it's gonna go one of these two ways.

这周Brian Armstrong在华盛顿有不少采访，他用自己的例子说，如果这法案不通过，Coinbase就得把业务搬到国外去。

And then at the end there, there was a lot of clips of Brian Armstrong this week, down in DC talking about how this needs to get passed on his own example with Coinbase being if this doesn't pass, I got to start, you know, outsourcing this stuff to out of the country.

这样一来，国内的就业机会就少了，GDP也会受影响。

Thus, you know, less jobs inside the country, less GDP.

我觉得很多公司都会跟着这么做，毕竟谁也不想因为在美国运营不合规而惹上法律麻烦。

And I think a lot of companies would probably follow suit, cause they want to, you know, just avoid the legality of not running their business properly inside The United States, leaving them open, for prosecution.

我听了忍不住笑，因为大家总在提醒要小心那些加密圈的人。

I have to laugh because the great abuse put all here is watch out for those Crypto bros.

说实话，我也不太确定。

I don't know.

你说到这儿的时候，我真觉得挺逗的。

That like gave me a sincere chuckle while you're talking.

现在这个《清晰法案》真是让人摸不着头脑啊。

I I I Clarity Act sticky right now, man.

我们到底有啥进展？

I mean, we have what?

就在本周早些时候，还是8月7号呢。

August 7, earlier this week.

最近传来不少好消息，说是伦理条款那边已经达成共识，势头挺好的。

We're getting a lot of positive news about, like, the ethics, provision was being agreed upon or it looked positive.

我现在真不知道该信啥了。

I don't even know what to believe anymore.

参议院多数党领袖约翰·图恩，好像是昨天说的，他认为在暑期休会前这事儿肯定完不成，我觉得这个时间点很关键。

Then, John Thune, the senator majority leader, basically said, I think yesterday, that he doesn't think it's gonna get done before the summer recess, which I think is a key date.

我真搞不清自己该相信谁了。

I I I've I've I'm not sure what I I who knows?

说不定这些人是在操纵Polymarket的盘口，心里清楚这事儿迟早会上参议院表决。

Maybe these guys are juicing the polymarket books, and they know it's going to the senate floor.

我觉得一旦法案进入全体表决环节，我坚信清晰法案最终一定会通过。

I think once it gets to the floor escape pass, I I am I believe very strongly that the Clarity Act is going to get done eventually.

我只是对时间表实在没把握。

I'm just really unsure of the timeline.

想想几年前，我们还说美国要禁止比特币，彻底清除加密货币，数字资产眼看就要归零了。

And I think it's a huge step because it was just a few years ago when we were talking like The United States wanted to ban Bitcoin and get rid of crypto and digital assets were going to zero.

现在我们反而在大力建立各种监管框架。

Now we're now we're really putting a lot of guardrails in place.

如今有这么多大型机构投资者和持有者参与其中。

We have all these big institutional, buyers and holders there.

这股势头不可能停下来，清晰法案必须得通过。

I mean, this isn't going anywhere, and the Clarity Act needs to get done.

我不确定它能不能在8月7号之前通过。

I don't know if it's getting done before August 7.

我也不太清楚，你觉得呢？

I'm I what what's what's your thought?

我觉得不行。

I I'm gonna say no.

我倒是有个想法。

I I I do have a thought.

我确实有个想法。

I do have a thought.

再说到这周的会议，我们稍后会给大家透露一点线索，当时我们坐下来聊了。

Again, back to the conference this week as we give you a little breadcrumbs, for the teas at the end of the show, we sat down.

我跟约翰·达戈斯蒂诺喝了咖啡，他几周前刚上过我们的播客。

I had coffee with, John D'Agostino, who was, who came on the podcast a couple of weeks ago.

他在Coinbase工作。

He's with Coinbase.

我记得他的头衔是负责机构投资的。

He's I believe head of their institutional, investments is his title.

我们当时随便聊了聊。

And we were, we were kind of kicking around.

当时在场的是布莱斯、斯科特·梅尔克、我，还有约翰·达戈斯蒂诺。

It was Bryce, Scott Melker, myself, and John D'Agostino.

你说，在加密世界里，你最想跟谁坐下来聊聊？

I mean, where would you want to be in the crypto world?

就是一场思想的碰撞。

Just a meeting of the minds.

简直不可思议。

Unbelievable.

这就是你收听加密101、加入我们社区后能获得的东西——我们去参加这类活动时，能直接接触到这种级别的对话和反馈。约翰就提了一个很有意思的观点。

This is what you get when you tune into Crypto one hundred one and are part of the community, you get that type of access and feedback from when we go to these places is, so John had an interesting point.

他说：‘如果你三个月前问我关于《清晰法案》的事，我会说，Poly Market上的概率显示，支持和反对的几率在三五开，基本低于五成。’

He said, Hey, you know, if you asked me this question three months ago about the Clarity Act, I would have told you everybody, know, the poly market odds were spitting between, you know, we've pulled them up right 35 to 50%, mostly under 50%.

那时候，Coinbase内部的高层觉得这法案能通过，但公众普遍觉得没戏。

I would have told you three months ago inside of Coinbase, you know, at the higher ups thought this was going to get done And you know, the general public thought it wasn't.

但上周，概率突然又回到了五成，好像那段时间出了什么消息，整个时间线一下子变得明朗了，感觉这事就要成了。

And then for some reason last week, the odds went back to 50 and it felt like on the timeline, there was some news and all of a sudden, you know, the timeline felt like this was getting done and this was going through.

他说，但在我们内部，情况恰恰相反。

And he said, but inside, you know, our doors, it was flipping the other way.

他们觉得这事不会成。

They thought it wasn't.

我刚查了一下最新数据。

And now I looked at I just pulled it up right now.

现在Polymarket上的概率大概只有30%了。

I think it's at like 30% on Polymarket.

确实没这回事。

Yeah, I it's definitely not.

我看没什么变动。

I don't think there's any movement.

斯卡莫鲁奇说的那段话，是昨天或者前天的。

What Scaramucci said, that clip was from yesterday or maybe two days ago.

他说，咱们得等到周四才能听到消息。

And he's like, we got to hear on Thursday.

是的。

Yes.

那个斯卡莫鲁奇的片段是周三下午的。

That was from Wednesday afternoon, that Scaramucci clip.

他说周四得听一听，看看怎么把条款提交到议程上。

And he was saying Thursday, have to hear that they're doing the provisions to bring it to the floor.

所以我们没听到这消息。

So we didn't hear that.

所以这事不会提交到全体表决了。

So this isn't going to the floor.

当然，我也不敢打包票，但感觉八月之前投票的可能性不大了。

The, again, I don't have a guarantee on that, but it feels like the August, deadline for a floor vote is not gonna happen.

那这事就得拖到秋天了。

So this gets kicked into the fall.

而且在中期选举前，还有人愿意碰这个吗？

And then is it something that anybody wants to even touch, before midterms?

这确实是个棘手的问题，就像斯卡莫鲁奇说的，年轻民主党人不想投反对票。

That's a that's a tough a tough point kind of the scare Mucci's point of, you know, the young Democrats don't wanna vote against this thing.

他们宁愿干脆不投票。

They'd rather just not vote.

所以现在卡住了，根本进不了表决流程，因为一旦上了议程，他们就觉得可能得投赞成票，以免被舆论攻击。

So I there there's this blockade to not even get it to the floor because if it gets to the floor, they they feel like, they might have to vote yes to avoid these packs.

但他们的主要目标就是别让这事上议程，这样就不用操心了。

But the main goal would be like, let's just not get this thing to the floor and we don't have to worry about it.

所以我的看法是，这事肯定不会发生了。

So I I'm I my official is that yeah, this isn't gonna happen.

我以前总说我和布伦丹上过的那个节目，直播收视率跌到百分之三十二三，我当时就说，这情况我信。

I I would not you we always talk about that show where Brendan and I were on and it dipped to like 32 or 35% live on air and I was like, I'd buy that.

那是今年一月的事了。

That was back in January.

要是那时候能买卖这个，倒是个不错的时机。

That would have been a good buy if you wanted to trade that in and out of it.

我现在不会在30%的价位买入。

I I would not buy it here at 30%.

我看不出这件事有什么明确的出路。

I I don't I don't see the I don't see the clear path for this thing.

说实话，现在这事儿太敏感了，根本别想上议程。

I think it's it's too radioactive to even get to the floor at this point, sadly.

但确实如此。

But Yeah.

不过，抱歉，是预告片。

But teaser, sorry, teaser.

再回到会议上来，Bryce坐下了。

Again, back to the conference, Bryce sat down.

我这儿把具体名字给大家核对一下。

I'm gonna pull the exact name for everybody here.

Bryce和Christopher Giancarlo坐下来谈了，他是Potomac Global Partners的资深战略顾问，更重要的是，他曾经担任过商品期货交易委员会主席。

Bryce sat down with Christopher Giancarlo, he's the strategic strategic senior adviser to Potomac Global Partners, but he's more importantly, the former CFTC chairman.

所以我和Bryce跟他聊了三十分钟，谈得非常深入，重点聊了《清晰法案》。

So Bryce and I sat down with him an amazing conversation, thirty minutes, and we've talked specifically about the Clarity Act.

所以你们得注意了，这其实是对播客频道的一个推广。

So you're gonna wanna, again, this is a promo for the podcast channel.

你们得订阅一下。

You're gonna wanna subscribe.

还得打开通知，因为接下来几周我们会陆续放出一连串访谈，那位前CFTC主席在聊《清晰法案》时，其实根本没太纠结它能不能通过，他说关键是咱们得先跨过这道坎，因为他相信SEC已经有人手到位了。

You're gonna wanna turn on notifications because over the next couple weeks, we're having all these interviews released, in this in the former CFTC chairman was talking about the Clarity Act and he he was just looking past it because he was like, listen, we just need to get past this because we he believes we have the people in place at the SEC.

CFTC那边也有人在，未来两年能帮我们建立起清晰的监管框架。

We have the people in place at the CFCC to help set the guardrails over the next two years.

《清晰法案》当然好，但就算它没通过，他也给出了一个非常有力的理由，说明为什么他依然看多、依然投资、依然在行业里持续投入。

Clarity would be great, but if it doesn't pass, he painted a great thesis of why he's still bullish, still investing, still building in the industry.

我当时坐在那儿，做着访谈的后期工作，其实更像是个听众在听。

So I thought I was sitting there, you know, producing this interview, really just watching as a as a listener.

他讲的那些观点，真的很有说服力。

And and I was it was he was making some really good points.

我觉得这一点特别有意思。

So I thought that was really interesting.

感觉如果这事没成，以后就再也听不到人提了。

It feels like that's you know, if this isn't gonna go, you're you're gonna just not hear about it anymore.

现在政府里的人——比如证交会主席、商品期货交易委员会主席——得抓紧时间在这两年里为这个行业定下规则，因为目标就像我们节目里说的那样，你看那些公司，我调出高盛的例子。

And and it's gonna be a go to work moment for the people that are in the administration now, your SEC chairman, your CFTC chairman to try to build the rules of the road for this space over the next two years because the goal could be as you I guess we're just kind of continuing on here with the show is the the these companies that you see, I'll pull up the Goldman Sachs one.

对吧？

Right?

高盛支持《清晰法案》，Coinbase也支持，摩根大通已经在做代币化股票了。

Goldman Sachs supporting Clarity, Coinbase supporting Clarity, JPMorgan building tokenized stocks.

所以现在是个机会，可以和现有的政府官员一起制定规则，让代币化、区块链这些基础设施深深嵌入整个体系。三年后，哪怕民主党全面执政，也已经没法拆掉了。

So you have a chance here to build some rules of the road with the administration officials that are already in place to possibly get to the point where tokenization blockchain, this infrastructure could be implemented so deep into the system that in three years time, let's just say the democrats sweep, it's actually too ingrained to the system wind.

所以就算《清晰法案》没通过，也不代表这个行业就完了。

So just because the clarity doesn't go through, I I it's not the the death of the industry.

他做了个总结，也讲清楚了他的核心观点。

It was the summary, and he gave the the thesis.

这真的很不错。

It's really good.

所以值得去听一下那期节目，把那些信息和观点都吸收一下。

So it's something to be excited about to go listen to that episode and get that information, get that thesis.

我一定会听的。

I'll be tuning in, man.

你们做的所有访谈我都学到了很多东西。

I learned a lot from all the interviews you guys produce.

我觉得特别有意思，高盛的CEO居然说，咱们得赶紧推动《清晰法案》了。

And I I think this is really interesting, the CEO Goldman Sachs saying that, you know, we need to get moving on with the Clarity Act.

现在我们开始看到，以前持不同立场的人，也开始转变态度了。

So we're starting to see some people on that were on one side flipping on to the other side.

我对整个这个判断完全认同。

And I I agree with that entire assessment.

我觉得《清晰法案》最终一定会通过的。

I I I think the Clarity Act will eventually get done.

我觉得这事儿已经定得差不多了，但估计不会早于8月7号。

I think it's too baked in, but probably not before August 7.

我听说要是拖到夏季休会之后，2026年会很难推进，不过这事儿谁也说不准。

And I've heard that it's gonna be tough in 2026 if it's not before the summer recess, but you never know, man.

确实说不准。

We really don't.

所以我们每周都会持续跟进，密切留意进展。

And that's why we're gonna report on it every single week and keep close tabs on it.

但现在情况就是这样。

But that that's where we're at right now.

不过我倒还挺安心的，因为市场对这件事的反应，比我预想的要好得多。

And, I I feel okay because the market seems to be kind of digesting it better than I would have probably expected.

没错。

Right.

再说一次，市场是不是早就预判到了？

Again, was the market forward looking?

是的。

Yeah.

哈比什在评论里提了个好问题，说加密圈的人迟早会得到明确答案。

A great question that Habish, in the comments says the Crypto bros are gonna get a clarity one way or another.

没错，这正是我刚才说的，用最简单的话总结就是如此。

Yes, that is the summary of what I just said in most simplest of terms.

但要补充一点，大家在这领域还在持续投入。

But to build on the point of people are just continuing to build in this space.

Moon Pay 和 Discover 合作了。

Moon Pay, partners with Discover.

还有别的吗？

What else do we got?

亚马逊。

Amazon.

亚马逊正在招聘负责推动区块链整合的比特币和加密生态负责人。

Amazon, hiring Bitcoin and Crypto ecosystem lead to drive big blockchain integration.

然后我看到这个，迈克尔·赛勒公布了一项战略。

And then I saw this one, Michael Saylor announced a strategy.

贝莱德、富达和Coinbase承诺投入超过一千五百万美元，长期支持开源比特币开发。

BlackRock Fidelity Coinbase are pledging upwards of 15,000,000 to support open source Bitcoin development for the decades ahead.

这些小消息、不断冒出的线索，真的让人没法忽视。

Again, it's just these little tidbits, the the the storylines that keep funneling out that it's it's hard to ignore.

尽管价格走势还没跟上，但这些事还是没法装作没看见。

It's hard to ignore even though again the price action hasn't been that way.

最后总结一下，我们来看看。

Just to wrap us up here, let's see.

现在时间到哪儿了？

Where where are we at time wise?

真的吗？

Really?

我想特别提一下，迈克尔·赛勒的战略，还有贝莱德、富达和Coinbase这千万美元的支持。

I I just wanna call out this Michael Saylor strategy, BlackRock, Fidelity, and Coinbase is $15,000,000 of support.

这其实也是为了推动量子计算和抗量子技术的发展，今年这些词炒得挺热，主要是吓唬人，但实际上离真正实现还远得很。不过这说明他们确实在主动布局，避免将来出问题。

This is also to, like, help build up around, like, quantum and quantum resistance and all that has been, a buzzword this year to just scare people, which we're nowhere close to where that's gonna happen, but this is just to go to show you that this had a lot to do with it, that they're moving forward with being proactive, so that's not an issue down the line.

我今天在动态里看到这个，真是我最喜欢的一条，因为我们需要看到一些实际行动。

So I actually this is one of my favorite things I saw on the timeline today because I think it's just we need to see some just movement.

可能看起来有点无聊，但大公司确实得在量子安全和其他防护措施上主动一点，看到这些进展真不错。

It might be boring, but we need to see some movement by the major players out there, to be, proactive about Quantum and a lot of different security measures, and this is great to see.

这是我今天在新闻里看到最欣赏的一件事，当然，除了吉莫蒂那档子事。

I I was I this is one of my favorite things I saw in the news and, other than, you know, Jimothy.

是的。

Yeah.

吉莫蒂这哥们儿确实值得点赞。

You gotta love you gotta love the homie Jimothy for sure.

没错。

For sure.

咱们就到这里吧。

The, let's wrap this up.

奥迪峰会。

The Audi Summit.

我知道之前在节目里一直吊大家胃口，就是想给大家完整讲讲我们到底在做什么。

So I know I kinda teased it throughout the show, just to kind of give a full overview of what we were doing.

咱们来看看。

So, let's see.

这是Bryce。

Bryce here.

我们调出这条推文。

Let's pull up this tweet.

我们当时搞了一个特别棒的布置。

So we had an awesome setup.

这个奥迪峰会是领带赞助的吗？

So is the Audi Summit presented by the tie?

我们真的很喜欢这条领带。

We we love the tie.

我们和领带的合作关系非常好。

We have great relationship with the tie.

他们邀请我们去长岛做活动。

They had they had us out to Long Island.

活动地点在长岛的北 Fork，一家酒庄里。

It was the North Fork Of Long Island out at a winery.

氛围特别温馨，人不多。

It was very it was very intimate.

老听众应该记得，几年前我和 Bryce 曾做过一次共识活动。

So, you know, long term listeners of the show know Bryce and I did consensus a couple years ago.

我们当时去了奥斯汀。

We went down to Austin.

那几次活动我们做得挺到位的，几天内完成了二十多次采访，共识活动的规模确实不小。

I think we nailed, you know, again, it was like 20 something interviews over a couple days, and consensus is big.

那时候，几乎所有人都到场了。

Like, everybody's there.

而且规模真的很大。

And it's it's huge.

是在一个会展中心，你知道的，就是那种大型会议中心。

It's at a com you know, as in the, you know, the convention center.

有成千上万的人。

There's thousands of people.

我记得我们看过Shane演讲，那时候Polymarket还没这么火。

I remember we saw Shane from Polymarket speak before Polymarket was huge.

那真的挺酷的。

That was really cool.

这类大会当然有它们的好处，但规模确实太大了。

And those conferences have their, you know, the the things that are great about them, but they're also very big.

谁都能买票，谁都能进去。

And so you have literally, you know, anybody can buy a ticket, anybody can get in.

但跟这个比起来，那个就小得多，特别私密。

And where compared to this, this was very intimate.

这次是邀请制的。

This was invite only.

所以Crypto 101的Bryce收到了邀请。

And so Crypto one zero one, specifically Bryce was invited.

Bryce就以制作人的身份陪我一起去拍些内容。

And Bryce tagged along me as handy producer to come go do some content.

我们一口气干了。

So we banged out.

两天内我们一共做了大概十八个采访。

I think we got like eight, eighteen, seventeen, eighteen interviews over two days.

这对他们来说真是够累的。

That's a grind for the boys.

这么多闲聊可真不轻松。

That's that's a lot of chitchat.

确实挺多的。

It was a lot.

我们真的很兴奋，当然，每天忙着处理各种事，比如Bryce搞活动、维护社区，等等。

And, we're really excited and, you know, we're obviously very busy with, you know, Bryce doing the fun and having the community and, everything that we do day to day.

有时候我们会积压一些采访，所以你可能会听到两三周前的内容——当然，指的是采访，不是简报。

But sometimes we backlog interviews and you know, you might hear something that's a, know, two or three weeks old, you know, sometimes for the interviews, not the rundowns.

我们做简报就是为了保持内容新鲜，但这些采访太重要了，我们也不想压太久。

That's why we do the rundowns to keep everything fresh, but we don't want to necessarily hold these for too long because we think they're so important.

如果你一直喜欢听Crypto 101，那你可有福了。

So if if you're somebody that likes to listen to Crypto 101 consistently, you're in luck.

接下来你会收到大量新内容。

You're going be getting a ton of content.

如果你是刚听到这期节目，平时喜欢跳着听、漏掉了一些往期，那我得说，我确实有偏见。

And if you're somebody that's at the back end of this episode and you kind of skip around and miss some episodes, obviously I'm biased.

接下来几周，我强烈建议你去翻翻我们的节目列表，认真听一遍全部内容。

I highly suggest, over the next couple of weeks, checking out our feed and doing your due diligence and listening to all them.

如果实在听不完，至少点进去看看受访者是谁，挑几个你最感兴趣的先听。

And if you can't listen to all of them, definitely go click through, read who they are, and pick out your favorites.

因为富兰克林邓普顿这次派了整个团队来。

Cause again, Franklin Templeton sent their whole entire team.

我们跟富兰克林邓普顿的三个人聊了聊。

We sat down with, three people from Franklin Templeton.

我们还见了Monad的团队。

We sat down with Monad.

我们也跟Falcon X谈了谈。

We sat down with Falcon X.

就像我刚说的，我们还见了Franklin Crypto的人。

We sat down with Franklin Crypto, like I just said.

让我们想想，还有谁我们聊过了？

Let's see who else did we sit down with?

Near。

Near.

我们跟Near团队也坐下来聊了。

We had the Near team.

我之前跟你聊过克里斯托弗·吉安卡洛，波托马克合伙公司的前CFTC主席。

I talked to you about Christopher Giancarlo, Potomac Partners, former CFTC chairman.

我们还接触了Monarch资产管理公司、Dragonfly和Multi Coin Capital。

We did Monarch Asset Management, Dragonfly, Multi Coin Capital.

这些可都是业内响当当的大人物。

Again, these are heavy, heavy hitters in the space.

如果你心里想：哎，这几个名字我都没听过。

And if you're sitting there like, oh, I don't know those names.

那也没关系，这很正常。

It's like, well, that's, you know, that's okay.

你不用非得熟悉这些名字。

You don't have to know those names.

他们不是那些币圈的明星项目，也不是站在台前的网红，他们是幕后的关键人物。

They're not the coin bases, the Robin Hoods or the people out front that, know, these are the people behind the scenes.

他们在默默搭建平台，投资那些基金管理者。

They're building, they're investing in their fund managers.

他们正在动用数亿甚至数十亿美元的资金，决定把这些钱投到哪个领域。

So they're taking hundreds of millions of dollars, billions of dollars of capital and deciding where to put it in the space.

这些人其实是在为这个行业未来打基础，因为他们掌握着资金的分配权，决定投资方向——而资本就是钱，是推动行业继续发展的动力。

And so those people are the people building the foundation for the future of the space because they're giving out the capital and choosing where to invest and capital is money, capital is energy to go and continue to build.

很多幕后决策的信息我们并不清楚，但更重要的是，我们要了解这些数十亿美元究竟流向了哪里。

So a lot of behind the scenes information, to come of the people making decisions, but more importantly, the people making decisions of where these billions of dollars are going.

所以我认为，听懂这些内容，对我们在熊市中构建自己的观点很有帮助，哪怕市场低迷，我们也要继续向前，拥抱加密货币的未来。

And so I think that's worth listening to help build your thesis as we continue through the bear market, but push forward nonetheless into the future of crypto.

太棒了。

I love it.

这些加密圈的大佬们啊。

The Crypto Bros, man.

光是动一动，就能撬动整个市场。

Just moving markets.

Crypto Bros 现身了。

The Crypto Bros are here.

非常感谢大家收看。

So really appreciate everybody tuning in.

最后提醒一下，给个赞吧。

Last call, give us a thumbs up.

右下角点一下订阅按钮。

Bottom right, hit the subscribe button.

如果你想多看Brian和Joe的内容，就往下拉。

Again, go down if you want more of Brian and Joe.

我们这儿有1美元的试用活动等着你。

We got the $1 trial there for you.

详情里有链接，往下看。

Go down in the description.

感兴趣的话就点开那个链接看看。

Check out that link if you're interested.

接下来几周，我们会继续为大家带来更多精彩内容。

Look forward to producing and giving you guys all this content over the next couple weeks.

YouTube 和动态消息接下来会特别特别活跃。

The act the the YouTube and the feed is gonna be super super active.

活跃到我敢说，以前从没这么热闹过。

Active, dare I say, like it's never been before.

这会是动态消息有史以来最活跃的时候。

The most active the feed will ever be.

今天是周五。

It's Friday.

希望你们所有人都能过一个愉快的夏日周五和周末。

I hope you guys all have a great summer Friday, a summer weekend.

下周我们会回来，带来大量访谈，就像我说的，还有几期内容汇总。

We'll be back next week with a ton of interviews, like I said, plus some rundowns.

我们稍后再见。

We will see you all later.

好好享受周末。

Enjoy the weekend.

暂时就这些了。

That's all for now.

大家再见。

Bye, everybody.

当别人听到噪音时，T. Rowe Price却能从中解读市场信号，发现投资机会。

When others hear noise, TIRO Price interprets market signals to find investment opportunities.

这就是T. Rowe Price主动型ETF的力量。

That's the power of active ETFs from T.

T. Rowe Price。

Rowe Price.

他们的投资经理从多个角度分析数据，追踪趋势并深入研究，用充满好奇心的主动管理专长为你服务。

Their portfolio managers approach data from multiple perspectives, analyzing trends and conducting deep research to give you their curiosity backed active management expertise.

了解更多关于他们的主动型ETF，请访问 trowprice.com/explore ETFs。

Learn more about their active ETFs at trowprice.com/ explore ETFs.

交易所交易基金（ETF）的买卖价格并不等于净资产值。

Exchange traded funds, ETFs, are bought and sold at prices, not NAV.

投资者通常要承担买卖股票时买卖价差的成本。

Investors generally incur the cost of the spread between the prices at which shares are bought and sold.

买卖股票可能产生经纪佣金，这会降低投资收益。

Buying and selling shares may result in brokerage commissions, which will reduce returns.

T.

T.

罗素投资服务公司。

Rowe Price Investment Services Inc.