Pokemon Cards Just Exposed Crypto's Biggest Problem

At the beginning of this year, I acutely remember saying Pokemon cards will outperform the crypto market.

I don't know if you might have seen how some of these cards have been performing and how they performed throughout the year, but they have destroyed the crypto market, bro, just like everything else has.

Gold has destroyed the crypto market.

Um, a lot of tech stocks have destroyed, in terms of like percentage gains, the crypto market.

So Coinbase deciding that they're gonna move into this is like...

Bro, it's like, it's, it's to be expected.

What I don't understand is Coinbase is looking mad desperate right now.

They're looking to do anything that can make them some cash, and it's clear because they are doing anything, and obviously we know volumes are down, bear market, retail's not here, people don't wanna buy.

I say bear market, but Bitcoin's holding strong right now, but I think generally it's still, we're still in like the lower part of the market.

But, um, yeah, I think this is just, um, yeah, further confirmation that RWA is definitely gonna be a thing that makes crypto...

I don't, I don't wanna say mainstream.

Like, you know, obviously we had the DeFi boom, we had the ICO boom.

Who's to say that RWA is not gonna be the next thing that blows, blows crypto up and get...

And obviously we had NFTs.

No one cares about that.

But let's say, um, who, who's to say that RWA is not the thing that's gonna bring crypto into like wider adoption? Because it's actually a good use case of blockchain technology, um, for sure.

So yeah, I think this was a logical step.

It was always gonna happen and, and, um, yeah, I just think Coinbase are gonna jump on it.

Why, why do you think it's a good use case?

Because what you're doing is you're saying...

All right, so think about, let's just think about Pokemon cards.

You have a Pokemon card.

Um, I don't think they're individualized.

I don't think they have an individual serial number.

Let me check.

At the beginning of this year, I acutely remember saying Pokemon cards will outperform the crypto market.

I don't know if you might have seen how some of these cards have been performing and how they performed throughout the year, but they have destroyed the crypto market, bro, just like everything else has.

Gold has destroyed the crypto market.

Um, a lot of tech stocks have destroyed, in terms of like percentage gains, the crypto market.

So Coinbase deciding that they're gonna move into this is like...

Bro, it's like, it's, it's to be expected.

What I don't understand is Coinbase is looking mad desperate right now.

They're looking to do anything that can make them some cash, and it's clear because they are doing anything, and obviously we know volumes are down, bear market, retail's not here, people don't wanna buy.

I say bear market, but Bitcoin's holding strong right now, but I think generally it's still, we're still in like the lower part of the market.

But, um, yeah, I think this is just, um, yeah, further confirmation that RWA is definitely gonna be a thing that makes crypto...

I don't, I don't wanna say mainstream.

Like, you know, obviously we had the DeFi boom, we had the ICO boom.

Who's to say that RWA is not gonna be the next thing that blows, blows crypto up and get...

And obviously we had NFTs.

No one cares about that.

But let's say, um, who, who's to say that RWA is not the thing that's gonna bring crypto into like wider adoption? Because it's actually a good use case of blockchain technology, um, for sure.

So yeah, I think this was a logical step.

It was always gonna happen and, and, um, yeah, I just think Coinbase are gonna jump on it.

Why, why do you think it's a good use case?

Because what you're doing is you're saying...

All right, so think about, let's just think about Pokemon cards.

You have a Pokemon card.

Um, I don't think they're individualized.

I don't think they have an individual serial number.

Let me check.