So much going on, i don't know where to start kathy wood loading up on pilot here, like it's 1994 mark cuban, is pushing dogecoin again, bitcoin is going through the roof. Another company joins amazon in adopting bitcoin, potentially as for next year. A lot to talk about a lot of news: let's get started right away, as you know, on this channel. I don't push nothing, i don't sell nothing, no courses, no sponsorships, don't click, nothing, don't buy.

Nothing just give your attention and let's get this started. My name is tom nash and i quit my corporate job as a senior financial analyst to break down companies for you there's one thing you need to know about me: i don't take from anybody. Okay, so, first of all, we have to talk about kathy wood and palantir and the same story, which is something that brought me a lot of views in the past. I'm not gon na lie it's happening again now.

We know pathy patty. If calentir and pathy woods have made a child, it would have been called path. He could okay. So let's get started and, as you know this channel, we got a lot of views for putting kathy wood and palantir in the title, and this video is not going to be any different on this serious side.

We all knew that kathy is extremely extremely bullish. On valentine and she's been doubling down through this whole earnings season. Now she went through 5.2 million stocks across her all funds during q2 earnings and beyond, giving it 120 millions that she just put into her funds of more palleteers talk. Now we know she's a huge bull.

We know that some of you who think that she's a has been. She has no idea what she's talking about, but i mean that would be ignoring the 20 years of record that she has of calling it right in the long term, and let me tell you what's going to happen now, all these fair weather fans will come out. Basically, bashing kathy saying she has no idea what she's talking about, which is ironic, because these are the same people who were hyping her up when she was doing well in the short and medium term. The one thing they forget is that kathy doesn't give a about short-term performance and she had a good career before tesla.

You know that right, so she has like 20 odd years of calling it right. So for those naysayers and negative people, basically don't buy the stock. It's fine, don't invest in arc and don't invest in valentier now the reason i'm happy about it because more and more institutional money, more and more smart money is pouring into palantir and there's stealthy about it. They're doing it slowly, because then i want to push the price way higher than they want it to be, and i see this trend developing over the next two three months stronger and stronger.

I think the price is starting to climb up slowly. That doesn't mean it's not going to be volatile and parenthere is kind of a stock that can go crazy and go sideways for months. Go down. 15 20 30.

Go back up, it's kind of like bitcoin. It has a very erratic behavior, but in the long run it's another positive sign that things are moving now. Speaking of positive signs of things that are moving in volunteer, some dude on reddit found something incredible. This dude has literally went and tested domain names.

That start with company names and the palantir foundry login, and they found crazy stuff, for example, gm, for example, pepsico pfizer, new york stock exchange a whole bunch of a list of crazy companies that allegedly use valentino foundry and, in fact, jackson from the channel called pallet. Your vision, which actually had me in for an interview and he's kind of the rob mauer of the palantir community. Basically, we spoke about this, but the next best guest after me was sham and he got him so he talked to sham the ceo and i think the next ceo of palantir and he basically asked him about it. Why some companies are not basically being public about it? Why? We have to find that, like this, we read it that a whole bunch of huge blue chip companies are using palantir, foundry and they're, not really putting it out there, and the answer he got actually makes a lot of sense is because a lot of these companies Has basically different vendors different relationships? They don't want to insult anybody, i mean they don't want to push anybody's toes.

I get it not. Everybody wants to be public about using the software. I mean airbus wants to do it, it doesn't mean every single company wants to put out there, which vendors they're using kind of makes sense to me, but again, another great sign for palantir. And now, let's talk about mark cuban's latest brain fart.

Now this dude has been insanely inconsistent as far as it goes with cryptocurrencies. I love him on shark tank. I think he's insanely entertaining he's a smart, dude he's, obviously a gazillionaire, so he knows what the hell is doing. I love what he's doing with the dallas mavericks, but whenever it comes to cryptocurrencies, this dude is insanely, inconsistent and he's talking a lot of crap.

He just came out and said: hey dogecoin is the strongest. Cryptocurrency is the medium of exchange. Now you can't see it on my screen, but i can. I was saying this about.

Dogecoin shows a very little understanding of what dogecoin is. Let me just explain: dogecoin is a freaking meme right up like crazy people made a lot of money. That's fine, but it's extremely speculative that was kind of the greater full theory in all its might and glory. Is this really a valid medium of exchange? Is this the best media for exchange as far as cryptocurrencies go? Not exactly because, let me tell you something mark the thing that's most important to be a medium of exchange is stability, and that is precisely why we use the dollar, the euro and all of these other state sponsored currencies right now and not cryptocurrencies.

When we go to the grocery store or to the camera shop, imagine cryptocurrency that i own, let's say a bitcoin or ether whatever goes down by 40 overnight, which it can i go to my camera shop or let's say to my grocery store and i try to Pay with bitcoin or whatever it is, and they say well, you're missing, like half of the money f eddie, i want to have imagine that happening in the supermarket. All your neighbors, the people from your neighborhood everybody's. Looking at you, like you, poor and you're, trying to explain no, no, it's just cryptocurrency like they think you're, just bullshitting it right. So you know the situation.

You can be extremely embarrassed now: that's not a good reason not to use cryptocurrencies, but all i'm saying it cannot be a medium exchange before it's stable. Now, a lot of people who counter argument that basically say well. Tom state, sports and currencies, especially us dollar, are no longer tied to anything physical. It's just a fiat currency, it's not tied to gold or nothing.

So it's the same as bitcoin. Well, technically it is. You can print as much of it as you can, but but there's a huge, but here like m.c hammerstein. The huge, but here is that the state sponsored currency is actually tied to the performance of the economy, to inflation and a lot of stuff that rational, logical people can actually estimate and decide how much this currency is worth bitcoin dogecoin.

All these coins have no relation to anything, but the willingness of other people to buy it, that is until one coin or two coins or three coins, will come up with a valid, sustainable, everyday use case for it. Then we can talk about using it as a medium of exchange right now. The only medium of exchange i want is to read something else, because mark cuban is full of it. However, not everything is doom and gloom in the cryptocurrency world.

It seems that we have another blue chip company joining amazon in the ranks of companies that are building infrastructure to actually start adopting bitcoin. When nobody really knows now, walmart just came out and said: wait we're looking for a new senior director. That's going to help us! Basically find investment opportunities within the bitcoin cryptocurrency sector, that's another kind of washed language to basically say we're, setting up an infrastructure to actually work with bitcoin, which is pretty much the same thing. Amazon said, which is pretty much the same thing elon said with tesla before it backed out out of environmental concerns, but it seems that it's happening now.

It's also kind of clear that things are getting better for bitcoin. If you look at the difficulty, they just raise. The difficulty by seven percent, it means more people, are mining because the algorithm every two thousand blocks whatever actually adjusts the difficulty. It means that, once you saw that seven percent increase in the difficulty of mining, bitcoin, there's more people competing for it and it makes sense.

Bitcoin is pushing 50 000 again, which was bound to do again. All these paper henders they got their ass will because they were impatient, i mean bitcoin, you either believe it or you don't. If you're trying to speculate over bitcoin you're in for a very problematic ride. Seven percent up it means bitcoin, is reviving again within this little mini crash.

They had, i mean to call it. A bitcoin crash is a little bit exaggerated. I mean it was a little turbulence. Of course, that is if you saw what happened in 2017, if you're a millennial and you got spooked well shame next time, you learn your lesson and in case you haven't heard, there's another story: developing japan is actually extending the lockdown all the way through september.

That's another sign of the world, basically starting to deal with this third. Fourth, fifth, whatever wave it is of this new variant and again i've spoke about this. Before i told you, it's creeping back up, it's not gon na just reopen like it's 1994 and we'll just go and party. This is gon na, be a very painful struggle.

I think we're rolling back a little bit the reopening and again i told you, there's a lot of stocks and plays that actually make sense in this kind of hampered reopening situation. You can look at my previous videos or you can join our patreon channel members and see my post about it. Five bucks per month and you'll be supporting the channel. Why not? I will be happy to see you there.

In fact, we have a zoom call today at 2 p.m, eastern time. So, if you join today, you can jump on the zoom call and i'll see you there. Thank you so much see you tomorrow.