So what are we talking about there?

Yeah, so when I say low risk, really what I'm doing, I'm comparing the risk of holding the cryptocurrency versus actively trading the currency or actually moving that currency cross-border.

What we're talking about custody is the financial institution.

If we think of a wallet, almost hosting a wallet for somebody, they're not conducting the transactions like, say, if they wanted to sell their Bitcoin, buy Ethereum.

They're only holding it.

So what that would mean or what that would look like is if I were a member of a credit union or a customer of a bank, I would conduct my transactions off credit.

I'll use Coinbase and PayPal as an example.

And do you think this is going to be more for business owners and institutions than for like a regular person doing their banking?

You mind sharing a story that may stick with you, Michael, that you can share with our listeners at a time when you had to pivot fast?

Yeah, maybe one that's relevant to the conversation is I decided that, well, let's just do bigger deals.

And I had a good reputation and I would always get the deal sent to me before they'd go to the market.

So they brought me a 500 unit deal in Atlanta.

which is a large property that's on 38 acres or something and needed some work.

And one individual owned it.

And he said, hey, I'll finance this for you.

When it comes to building relationships, growing your network, what's made the biggest difference for you? That's a good question.

This part of the series might be ending, but the American story never does.

For me, the 250 years, uh, tells us that we're in the very early stages.

We're maybe in the second inning of a nine-inning game that's gonna go at least four or five extra innings, one can only hope.

And, and like baseball, there's no clock.

So it, it, it means there's, it's not a, there's not a time on this thing.

And so what I mean by we're in the second inning, you know, in the f- in the, in the warm-up, you know, we had to come up with the, with the whole idea of the declaration, the preamble, as some people call it, the greatest sentence ever written, you know, where it lays out the inalienable rights of life, liberty, and the pursuit of happiness among others.

It lays out this whole notion that all people are created equally and, and, and so that's sort of the setup of the game.

yeah,

it's essentially on a blockchain and cryptocurrency, if you think about it, is It's an electronic form of an asset or payment that lives on the blockchain.

So we're familiar with.

Dollars that may transact electronically.

This is simply a different rail, uh, known as the blockchain, where if I own one Bitcoin, it's, it's, uh, within that blockchain itself, it's a public ledger, uh, that is verified publicly for transactions to occur.

And it allows me to transfer money between individuals, cross borders, settle instantly.

Um, and relatively seamless.

What would it take then for a bank or credit union to start providing these services? And then how does that sort of impact everybody or I guess the economy at large?

yeah,

it's essentially on a blockchain and cryptocurrency, if you think about it, is It's an electronic form of an asset or payment that lives on the blockchain.

So we're familiar with.

Dollars that may transact electronically.

This is simply a different rail, uh, known as the blockchain, where if I own one Bitcoin, it's, it's, uh, within that blockchain itself, it's a public ledger, uh, that is verified publicly for transactions to occur.

And it allows me to transfer money between individuals, cross borders, settle instantly.

Um, and relatively seamless.

What would it take then for a bank or credit union to start providing these services? And then how does that sort of impact everybody or I guess the economy at large?

Give the audience in plain language what does a shipper actually get that they couldn't get before because of this partnership?

So I think really, it really was looking at the, the things that we're really good at and the things that ConGlobal's really good at.

And we really found we've had a, a long relationship with them.

We have, uh, uh, we have a, a, a division of, of domestic intermodal trucks in an, in a separate company, a sister company, and they have a really close relationship with that company as well.

And so we started talking to them about how we can provide, uh, their customers and our customers a lot more options in domestic small box and big box opportunities.

And so it really gave us a network of real estate and access to various terminals around the country to really offer more services.

So it really gives the customer a lot more options on how they are distributing their freight, how they're transacting their business, both from the, the point of manufacture all the way to the distribution in or out of the United States.

... about this recent downturn, and what's exactly the same based on past experience?

This is the wrong game.

Well, not only the wrong game, but it's the part of Britain that we didn't throw out with the revolution.

We threw out the king.

We allowed jury-based trials.

We gave every individual inalienable rights.

We based the governance of the country on the people and the will of the people.

But then we kept these British universities and these British colleges.

But you flipped the story completely.

How do you do things like essays and evaluations?

Well, I think what has to happen, and we've experienced this at ASU with our 6,000 Factor members, several thousand of which are already AI trained, is you have to up the game.

Perhaps we were learning too slowly, too incrementally, too much in a regimented or industrial way.

With the AI tools that are available now, you can up the game, enhance the question complexity, enhance the answer complexity, expect more of the students.

We had somebody give their test out of the business school to an AI system and get everything right instantly.

Well, then the test is too easy.

The test is too simple.

And in a school made famous for opening its doors rather than being exclusive, he thinks the most important skills of all can come from unlikely places.