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00:00efficient form of money as medium of exchange when you need to make a payments you need to use

00:08something which can be divided in small units which can be easily transported uh which doesn't

00:18lose value over time etc so for decades for centuries that was gold but cryptocurrency

00:28is more efficient form of money because gold can be stolen so you need to store it uh in fort knox or

00:36those uh uh swiss uh storages of gold which i mentioned uh previously it's hard to transport

00:46uh and so forth so cryptocurrencies uh like bitcoin they have uh definite finite supply

00:5621 million bitcoins for instance cannot be any more of them and it's easier to transfer therefore

01:03it's a tool it's it value comes from being a tool which facilitates economy but it facilitates

01:10international and domestic transactions alex kananikin is the founder and ceo of unicoin

01:16thanks for the informative discussion take care thank you very much all right before we head away

01:23for a quick commercial break we did hear from scott besant on this earlier today he's reacting to

01:30the passage of the genius act this is something he posted earlier today on social media today marks

01:37a seminal moment for digital assets and global dollar dominance with president trump signing the genius act

01:44into law this bill provides the fast-growing stablecoin market with the regulatory clarity it needs to grow

01:52into a trillion dollar industry stable coins represent a revolution in digital finance the dollar now has an

02:00internet native payment rail that is fast frictionless and free of middlemen this groundbreaking

02:07technology will buttress the dollar status as a global reserve currency expand access to the dollar

02:14economy for billions across the globe and lead to a surge in demand for u.s treasuries which backs stable

02:21coins the genius act is a win win win for everyone involved stable coin users stable coin issuers and the u.s

02:30treasury department i want to thank president trump for his visionary leadership in shepherding

02:36this bill into law and congress for rapidly advancing this critical legislation by expanding financial

02:44freedom and reinforcing dollar dominance stable coins will play a critical role in making america great

02:52again today marks a all right so uh we wanted to make sure we got that in there a live look at the

02:58white house where it's 9 38 in the nation's capital we of course will continue to track any and all

03:04updates as it relates to the trump administration and there are two more big pretty uh pretty big

03:10pieces of crypto crypto legislation getting a little tongue-tied here there are two major pieces of

03:16crypto legislation still making their way through congress that's something that we're going to be tracking

03:22as a congress and you know what i'm actually getting sidetracked here because i think i just saw some

03:29activity on this live camera in gaza and that is something we've been seeing uh the idf continuing

03:36its campaign this camera pointed at southern gaza you know i do see a vehicle moving through this shot so

03:44of course the middle east is something we always keep an eye on here every once in a while we do see

03:47explosions military activity as the idf continues its two main goals in gaza a to eliminate hamas and b

03:56to rescue the hostages both living and dead um sitting on the shot for a moment in case we see

04:04anything else but it looks like we might not so let's head to a commercial break we'll be right back

04:09in a moment stuck on some laggy school laptop all day then listen up ray is the only browser where i

04:25can run math and play with my friends at the same time look at this game on one side math lesson on the

04:32other and you can split screen anything discord tick tock youtube whatever and when the teacher

04:39strolls by boom browse mode you're innocent ray has the best games you can play instantly right on your

04:45browser no installs no lag games and ray run up to 30 faster than chrome 40 faster than opera gx if your

04:55school gave you a windows or mac laptop ray turns it into a full-blown gaming machine you didn't hear

05:01it from me but ray is how you make school bearable it's a game changer

05:09so

05:15you

05:17you

05:19you

06:21Okay, so President Trump signed the crypto legislation earlier today, the Genius Act being signed in the White House.

06:27He gave some remarks as he did it.

06:29So let's listen in to what President Trump had to say about the crypto industry, the future of the industry, what the Genius Act aims to do.

06:36And of course, he takes some questions from reporters as well.

06:40This happened earlier today.

06:40Keep going.

06:47We worked hard.

06:48We worked hard.

06:51Thank you very much.

06:52Yeah, we worked hard.

07:02It's a very important act, the Genius Act.

07:05They named it after me, and I want to thank you.

07:08I want to thank you.

07:10This is a hell of an act.

07:12You know, I did something very unusual.

07:16I said, this has been something.

07:18It's been a lot of people thought it was impossible.

07:20Some of the things that have been done.

07:22And of course, the great big, I added the word great, the great big beautiful bill.

07:26That was something that nobody thought possible.

07:29They thought it would be in anywhere from seven to maybe three.

07:33I'll go the opposite direction, but three to seven different bills.

07:37And we said, let's just put it in one because this way there's something for everyone.

07:42And there really is.

07:42There's a lot of things for everyone.

07:44And when we get the word out how great that is for every single person in this country virtually.

07:52And all they have is a soundbite.

07:54Death, you know, their soundbite is death.

07:57Aren't they nice, death?

07:58They are the most incompetent people.

08:00They've lost their confidence.

08:02They've lost everything, if you think about it.

08:05But Jasmine Crockett is on her way.

08:08She's on her way.

08:10She's the new star of the Democrat Party, Jasmine Crockett.

08:14They're in big trouble.

08:16But I have to tell you, that was great, and this was great.

08:18And I am so tired of making phone calls at 2, 3, 4 o'clock in the morning.

08:23I'm getting calls from our great speaker.

08:26Sir, we have 12 hard no's.

08:29I say, Mike, Mike, it's 2 o'clock in the morning.

08:34We have 12 hard no's.

08:35The good news is I call up.

08:38Hello, Jim.

08:38How are you?

08:39Sir, you have my vote.

08:40Boom.

08:41Sir, you have my vote.

08:42I really just, they just want a little love.

08:45Unfortunately, it's always the same.

08:47It's always the same 12 people.

08:51It's five senators and it's 12 congressmen.

08:55And I actually said to John Thune and I said to Mike, I said, listen, I want to have a party,

09:06but not to those people that I have to speak to endlessly every time.

09:11And they're wonderful because they always seem to come through other than a couple.

09:16Rand Paul, Jr. from the Congress and Rand Paul from, you know, other than a few people.

09:21But I said, I want to have them over.

09:24We're going to have a party for everybody in Congress, everyone in Congress, except 12.

09:31We're going to have, and Mike is, I'll tell you what, Tom is definitely coming.

09:36The whole group, where are those 12 people?

09:38They're the only people I don't see.

09:39We could do it today.

09:40We don't have to vote.

09:42And I would say of the 53 senators, 48, we're going to have 48 in here.

09:48You won't even have to come to that one.

09:50But these are the greatest people because they always vote yes.

09:53And we don't have to go crazy.

09:56You trust us.

09:57We trust you.

09:58And it's been a very special group of people.

10:00We really do.

10:01I mean, 96% phenomenal and 4% extremely difficult.

10:07Do you agree with that?

10:08But they get there, most of them, not all of them.

10:11Those are the ones we really don't like.

10:14But I want to thank you all for being here.

10:15This is really a big day.

10:16This afternoon, we take a giant step to cement the American dominance of global finance and

10:23crypto technology as we sign the Landmark Genius Act into law.

10:29So congratulations to everybody.

10:31It is a big deal.

10:32You've come a long way since the Biden administration when they had no idea what you were all talking

10:39about, and half of you are under arrest for no reason whatsoever.

10:45True.

10:46For no reason.

10:48And we want to have it, not China.

10:49China wasn't actually happy.

10:51They were watching this.

10:52They like it.

10:53And we've got this.

10:55We've got AI.

10:57We've got a lot of great ones happening.

10:59And this is a very big thing.

11:00And I want to thank the bill's author, Senator Bill Haggerty, a very good friend of mine.

11:06Thank you, Bill.

11:07Thank you, Bill.

11:14He's a great guy.

11:16He's a great guy.

11:17He's a very handsome guy.

11:18He looks great.

11:19He's got the whole package.

11:20But, you know, I got to know him.

11:21He was ambassador to Japan.

11:23And we had a little problem with Japan on trade.

11:26But he was my ambassador to Japan.

11:29And I went to Japan.

11:30And he is speaking fluently Japanese.

11:34I said, did you learn it as a child?

11:36No, no.

11:36I just learned it over the last four or five months.

11:39I said, you learned Japanese.

11:40Maybe the single hardest language to learn.

11:43It's actually breathing rather than it's breathing.

11:47I'm not going to imitate it because we'll end up with a big story.

11:50And I don't want that.

11:53But he spoke totally fluent Japanese.

11:56I said, that's very impressive.

11:58And he was introducing me to Mr. Honda.

12:01I said, oh, are you in the car business?

12:04He goes, yes.

12:04I said, you're a very rich man.

12:06And then he said, Mr. Toyota, right?

12:09Toyota.

12:10And I said, what business are you in?

12:13Let me guess.

12:14He said, cars.

12:16He was my interpreter.

12:17And I was so impressed.

12:20And I was getting ready to leave.

12:21He said, sir, I'd like to run for the United States.

12:23I said, where are you from?

12:26He said, Tennessee.

12:27I said, well, I love Tennessee, but do they know you there?

12:31No, but if you endorse me, I'll win, right?

12:34And I endorsed him, and he took a 48-point lead.

12:37And they didn't know who the hell he was.

12:39And he's turned out to be a great senator.

12:42And now they all know who you are.

12:44Thank you, Mr. President.

12:45Yes, sir, you are.

12:46You're fantastic.

12:47And we thank you.

12:48And just the fact that you're doing this and you understand this is a complicated world.

12:52And you understand it, Bill.

12:53So you've been great.

12:54Thank you very much.

12:56We're also pleased to be joined by our great Vice President, J.D. Vance.

13:01J.D., thank you very much.

13:03Good job.

13:08And he's been up speaking late at night on the phone.

13:11I said, J.D., how about you taking three or four of these people, please?

13:15Because three or four I cannot speak to.

13:16I just can't.

13:18And he'd take them and he'd come through.

13:19Right, J.D.?

13:19Also, Speaker Mike Johnson.

13:24He is unbelievable.

13:27He's an unbelievable...

13:29I mean, if you go by what we're doing, if you keep up this pace, you can't keep it up for another 200 days.

13:37But I will tell you this.

13:38If you keep up this pace for another week, you go down as the greatest speaker in the House in history.

13:44So one more week.

13:46One more week.

13:47Who needs Tip O'Neill?

13:49Who needs Tip O'Neill?

13:50He's better looking than Tip O'Neill, too.

13:53But, uh...

13:54No, he's been going...

13:55He's been going at a fervent pace.

13:58Would you say that?

13:58Your wife probably says, you are crazy.

14:02You've been aging beautifully in front.

14:05He's an amazing...

14:06Actually, he's an amazing speaker, a great leader, and everybody likes him and respects him.

14:11And that's why we're...

14:12With a very small majority, like three, we had a time when we were one.

14:17Remember?

14:18We said we're one heart attack away from losing the House.

14:23Then we won a couple of seats and a couple of other...

14:25Now we have seven, maybe.

14:27Maybe if we're lucky, seven.

14:29But we win with...

14:30Nobody's ever done...

14:31I don't think anyone's ever done this before.

14:33To win with those small...

14:35We had a little help from Tom, too, right?

14:37And a lot of other people.

14:38I want to introduce also Secretary Howard Lutnik, who's been fantastic.

14:43You have done a great job, Howard.

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