# Crypto Strategy: DCA, Custody, and Regulation

**Podcast:** The Milk Road Show
**Published:** 2026-08-19

## Transcript

There's a website, visaonchainanalytics.com.
And you can take a look at that and see what the major chains are that are being used for all stablecoins.
And it was always the same four.
The same four are always the ones up there.
I call it the best, which is...
Bitcoin is finally back above its 200-week moving average, which usually marks a bear market bottom.
So why isn't everyone rushing in to buy?
And how much longer is this going to go on?
Hello and welcome to The Milk Road Show, the podcast that knows that DCA and HODL is much easier said than done.
I'm your host, John Gill, and today is Wednesday, August 19th, and today we are joined by Rob from Digital Asset News.
Rob is the founder and host of Digital Asset News, a crypto YouTube channel known for clear, daily, no-hype breakdowns of cryptocurrency, macroeconomic trends, and market developments.
Rob is really awesome.
He is a former U.S.
Army combat medic who's been involved in digital assets since 2017 and is recognized for his balanced and experience-driven perspective on the entire space.
Rob's going to share a lot of wisdom about crypto with us today, so if that sounds good to you, Make sure you like and subscribe.
Share this episode with somebody who's going to enjoy it.
A reminder, today's podcast is free and that would not be possible without our wonderful sponsors at Sabre.Money, the stablecoin payments platform built for Asia.
Keep an ear out for more information about them later in the episode.
But for now, welcome to the Milkrow Show.
Rob, how are you?
Great, John.
That was a great intro.
Thank you for having me.
I appreciate it.
Well, I'm really excited to have you on the show.
I've been following your content for a long time.
And I thought a great place to start this conversation would be with your thoughts on Bitcoin here.
Because like I said, the Bitcoin price has now finally gotten over this 200-week moving average.
But sometimes it stays around here for a long time in bear markets.
Do you think we've bottomed here or do you think we have more bear market price action in front of us?
That's a good question.
I hope not.
I hope it hasn't bottomed.
And if we, you know, historically speaking, the 200 week moving average has been a pretty good time to buy around there.
And if we go back all the way to 2015, we just breached it barely.
And that was back when, you know, Bitcoin didn't cost too much.
And of course, it was just a crazy thing to invest into.
And that it just dipped slightly.
And then in 2018, after we had our all time high in 2017, when I got in, then we had a little bit of a breach there.
in the 200-week moving average.
And of course, people were saying everything was dead.
It was never going to come back.
And then of course, the ones that were the wise ones, they just said, no, I'm just going to keep accumulating, dollar cost averaging.
And then everything was going pretty good until we had this thing called a coronavirus.
I don't know if you've heard of that.
It was like a big thing back in 2020 and everybody was freaking out.
And I think that also breached the 200-week moving average.
Again, a great time to buy when you could get it to just cheap.
And then fast forward to 2022, and we actually went below the 200-week moving average to 50 and even 300-week moving average.
So I see it now, and we're kind of teetering around that timeframe, the 200-week moving average.
I think we may be above it right now.
This is in August.
So I will just say, for me, I feel like it's a pretty good time, and I don't want to do the same mistake I did.
last session in 2022, which was I did this stupid thing called micro DCA and actually reduced the amount of dollar cost averaging.
And I thought, well, I'll just save it up to where it goes really low.
If I just would have kept to the plan, which was just dollar cost average, and then buying more as the price started to tumble, I would have been in a much better position than what I am.
I did okay, but I think that everybody in the audience can agree that buying around $15,000, $16,000, $17,000 Bitcoin in 2022 wouldn't have been a bad thing.
Or maybe buying at $3,000 in 2018 wouldn't have been a bad thing as we move forward.
So John, to answer your question, yeah, I hope it hasn't bottomed.
We'll see if the four-year cycles play out perfectly like they've been doing or if this was just a pretty good time to buy.
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Rob, I'd love to elaborate more on this and hear more about what your DCA strategy is now.
This is one of the reasons why I wanted to talk to you, because going through a bear market like this, Bitcoin's price can chop and languish for months at a time.
You famously DCA into Bitcoin on Mondays.
I believe that's still your plan here.
Could you talk us through how you arrived at that strategy and what that actually looks like in practice for you?
So what I do is I take a look at the risk levels and I steal this information from Ben Cowan's website.
If you guys want to sign up, I'm sure there'll be a link in the description.
And what we take a look at is just, you know, as the price starts to go down, the risk levels go down.
So when you get to 0.5 level, whatever that actually is, a 0.6, you start to buy.
And then once it goes below to like 0.49, for what I do, of course, I can't give anybody financial advice, but I double up what I would have bought the last Monday.
And then Monday, Monday turns around and maybe we hit 0.39.
Well, now I have to quadruple up.
And if it goes below 0.29, then I have to 8X what I buy.
And I got to tell you.
uh when we were in those those risk levels i was like yeah this isn't too bad but as the price starts to go down i have to manually adjust it which isn't too bad because you know it fires at 6 30 a.m uh via the cash app i know people say why do you use the cash app it's because if you set it up for recurring buys it actually is very low like only there's i mean the fees are almost non-existent the spreads are pretty good i think they're getting its uh otc but If you set it up like that, it works out pretty well.
And that's what I've been using.
So again, what I do is as the price goes down, I double, quadruple, 8X up.
And I don't really think about it too much.
It's just I think to myself, you know, in the future, this will probably be a good buy.
Just right now, it is interesting to see it keep going down.
But I'll be okay, I think.
And I think all the viewers will be okay if they maybe just dabble into it.
Yeah, this is why I said DCA and HODL is easier said than done, because while you're doing it, it feels terrible.
But later on, it might work out really well.
Where are you on that spectrum of doubling, quadrupling, 8xing your buys right now?
Where are you at this moment?
I think I haven't looked at it right now, but we're at 0.3.
So roughly, I'm at either, I think I'm at quadrupling.
So then once we go below that, then it's an 8x.
And I got to tell you, when I do those types of things, Sometimes I'll get a call from my bank and they're like, hey, did you?
I'm like, yes, I did.
So now they just stopped calling me because it is a lot of money.
Okay.
Well, I think that it's good someone's checking on you.
Do you do a similar thing in the bull market, right?
Like you DCA in a bear market.
Do you also DCA out in a bull market or is that not your strategy?
You just hodl?
You know, I got to tell you, I did a much better job in 2021 when I just set price targets.
and just sold off in tranches.
And what I would do is I would just do fractals.
And I would just say, okay, well, Bitcoin from here to here, the last cycle did so much amount, 2X, 3X, 4X, whatever it was.
And then from there, I would just say, okay, once it 2Xs from the low, then I want to take a little bit of profits.
Once it goes to 4X, I take a little profits and so on and so forth.
So in 2025, I thought, okay, I'm going to use some indicators because that seems to be the smart way to do things.
I'll take a look at the Pi Cycle top, the MBRV score, the Po multiple and everything else in between because those won't let me down.
Unfortunately, they did.
And really what it would have been the best thing was just to listen to a Reddit user who called it like three years ago and said, hey, October 6 is going to be the absolute top just based on the timeframe.
As far as four-year cycles, I'm like, there's no way that can work out.
And of course, 126, October 6th, 2025 is exactly what it was.
So I took a little bit of profits on the way down.
I didn't hit the absolute top.
I don't think anybody's really hitting that.
So what I try to do then is just tranches.
And I'm going to do the same thing moving forward into the next four-year cycle.
I know people will say, well, Rob, you should never sell your Bitcoin.
Look.
Everybody's got goals and my goals are not your goals.
So the things that I'm doing with it is nice.
There is something to be said for having no debt and having that hang over your head.
Because, I mean, Bitcoin's great.
It's going to be the greatest thing, you know, as far as like monetary issuance.
But for me to like pay off some things and get some things done and roll it into some things that I think are a little bit safer, maybe a little S&P 500, maybe bonds, maybe real estate.
I do those types of things and then I can sleep a little bit easier at night.
But the majority still stays in Bitcoin, not altcoins.
Rob, Bitcoin has put in like historically low levels of volatility in the last few weeks and months here, especially compared to other asset classes like even gold, but certainly the stock market.
Do you see any near-term catalysts that might change that, that might spark some more volatility back into Bitcoin and get some motion out of this just tight range we've been in for two or three months at this point?
Anything, it'd be very difficult to say because if we're taking a look at what could be a catalyst positive, there's always negativity around it.
There's always FUD, there's always things going on.
The AI bubble could pop.
We could see another massive hack in some cold storage devices.
All those things, sure.
positively, I thought it would be a nice positive move for the Clarity Act to pass.
Now, unfortunately, I didn't think it would.
I talked about this on the show quite a bit, but if it would have actually passed, I thought it would have been a nice positive change and a little momentum moving forward.
I didn't think it would, though, because we're in the midterm year and the other party, Democrats, do not want to give Donald J.
Trump a win.
So why would they allow that to pass?
And then, of course, he can just do a...
victory lap and dunk on all the Democrats.
They don't want that to happen.
They're gonna shoot it down.
So we had that but as far as like like positive I think if we can I mean what else do we have?
We have these institutions.
We have I mean we have the BlackRock.
I just saw a story about Citi.
Citigroup, which has, you know, I think it's the third largest bank in the world.
And they're going to do custody of Bitcoin only.
And then every other business is getting into our institutions getting into Bitcoin.
We've got a pro crypto president.
Well, maybe that's just for for World Liberty Financial.
But just kidding.
But there's a.
There is a president who ran on it and promised a lot of things, unfortunately, really can't deliver for especially this Clarity Act.
So as far as positivity, I think on the short term, I don't really see too much.
I think the SEC and the CFTC will step in where Congress has failed us, which Congress always fails us.
And they're going to make changes and they're going to make provisions.
And that could probably help a little bit.
But I don't see us.
getting major moves until we get out of this year because everybody thought it was all about the fundamentals and what was going to happen and look at these institutions and really what it came down to was just a four-year cycle.
So as soon as we get out of that, the mentality might switch and then we can actually start to really see some price appreciation.
Okay, you brought up a lot of good things in here.
I want to talk about some of these hack incidents, but first I want to pick up on this thread on regulation, the Clarity Act.
Obviously, the Clarity Act has stalled out.
It's not dead, but it's been postponed to September.
I really appreciate your healthy pessimism about all these things.
But right now, today, I think as we're recording this, President Trump is having a meeting with a lot of the heads of the crypto industry in the White House.
Is there anything that might come out of this meeting that you're watching for that might move the markets or the investors should pay attention to?
Or do you think this is going to be another sort of nothing burger?
I would like it to be something, but I just saw that with World Liberty Financial, they're trying to.
They just got provision from the OCC, the Office of the Control of the Currency, to get a provisional charter bank license.
And because of that, they want to get into the stablecoin gang, which is they already have their own stablecoin.
I think it's like the fifth largest.
And because of that, that is going to help strengthen the dollar globally.
Stablecoins, I believe, as far as like what we actually have to have in reserve for that.
So I see it as it's not going to go over well, but I see it as President Trump.
probably is going to want to make this happen because it is great for world liberty financial.
However, if we take a look at it, I know people are going to, you know, some people love that, some people hate it.
But if we deal with our sphere of control, what can we actually do?
What can we actually take away?
I can't control a sitting president of the United States making their own company, their own business, which, you know, piggybacks off crypto.
It's fine.
If he can actually go in there and talk to everybody and then we can actually get some kind of movement in Congress to move this.
needle forward, then so much the better.
But for me, I just think it's a posturing type of thing, because what else can we do?
There's a potential we could get this in September, and it could actually pass, but I'm not going to hold my breath.
So no, John, unfortunately, I don't think it's that great.
Well, again, I appreciate the healthy pessimism.
And yeah, you know, look, just like you said, there's pros and cons to this quote unquote crypto crypto president.
I think it's fine to be very critical and have questions about what he's doing and see how that all plays out.
I do want to ask about something that is happening, though.
The SEC has voted to roll out something they're calling regulation crypto, which is a framework that lays out how to operate in digital assets in the United States, including ICOs, initial coin offerings, fundraising, and sort of an innovation exemption for projects that are still trying to build their networks.
How do you respond to this movement from the SEC?
Do you think this is bullish?
How important is this?
What are your thoughts on that?
So ICOs, well, you know, government is, you know, about five, six years late.
And I would have really appreciated that back in 2017 when I first got into digital assets.
And there was nothing but ICOs going on everywhere.
And it was the big rage.
And of course, you could have, then you could have gotten to a lot of different projects.
That would have done pretty well.
I think with the SEC and the CFTC, again, it is great for the allocation of capital.
And I took a look at it, and I think it's up to $5 million.
There's really no provisions, and also another one for $75 million, depending on over four years.
If they can do something like that, there'll be money that will come into the crypto sector.
But what I worry about, and I can't really do too much with this, is that do we really need More startups and more altcoins and more cryptos to to bring into this this Cauldron of of craziness as they start to go I have a new altcoin or I have a new Add-on or I have the the the next greatest defy thing.
I mean, that's great It's a free market, but we've already got like I what's what's the number John a hundred thousand altcoins out there It's hard to tell you.
It depends on who you ask and how you measure it.
It's a lot.
It's many millions.
It's many.
It's many millions.
I just look at it like this.
I think the ones that are battle tested are doing pretty good as far as alts.
Let's just stick with those, build on top of them.
And maybe if people are so inclined, we can use the Bitcoin as a settlement layer, like people were talking about way back in the day.
But for this to happen, I like to see the SEC and CFTC get involved positively, but I don't really see this being the major catalyst, but I could be wrong.
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Gotcha.
Okay.
Well, so I think that this is an interesting point, though, because we had an ICO, an initial coin offering craze back in 2017.
And a lot of people are asking if that same kind of frenzy is going to come back, and if it does, might...
kind of rejuvenate investor interests and attention.
But at the same time, there are a lot of rug pulls that happen with that too.
How do you think about that dynamic of like wanting to see like attention activity in digital assets, but also investor protections and not repeating some of the same mistakes of the past?
Well, I think with the SEC and the CFTC, they're going to put those guardrails in place.
So it won't be as easy as before because it was the wild, wild west.
But I will say because me and you and everybody watching this video, we're kind of in a little crypto bubble.
And we see the positivity that is going on.
We see the greatness that could be.
But what opened my eyes was when you go out and talk to other people that are outside of this sphere, they're like, yeah, crypto, isn't it?
That stuff with the meme coins and things that were going on.
And didn't you guys have a hack recently?
And just look no further than the last Super Bowl commercial with Coinbase.
It was a sing-along at first.
And then when it was, it switched to Coinbase, it was nothing but boos and jeers because they're like, yeah, that's the same place that I lost a bunch of money.
Also, you know, that could be, you know, meme coin, that could be Trump coin, Melania coin.
I mean, you name it.
Those things just kind of really, really wrecked a lot of people.
So if the SEC and CFTC is, again, I think this is a good thing for them to actually put those guardrails in place.
how many more products do we need that can actually move the needle?
Rob, I want to get your thoughts on some of these hacks and security breaches we've seen.
It seems like it's been relentless.
There was Coldcard, then there was Trezor, then SafePal.
That was just like last week, right?
And some of these are security breaches, some of them are hacks.
It's all a little bit different, but...
People in general, I think right now seem to be a little bit less comfortable with self-custody.
And I'm just curious your thoughts on that.
Like what should people do if they're worried about this?
Do you think self-custody as an idea is going to like, you know, suffer because of this?
And what's your reaction generally to all of these hacks we've seen?
Well, some people will say, well, this is just a timing issue because now, and we just talked about this a couple minutes ago, Citigroup is getting into it.
There's a lot of custodial services coming online.
So it is interesting that the timing, but you have to remember, like, I mean, with Coldcard, that's been around for years and years and years.
And I know people will say, well, there's a conspiracy theory, but what it is, it doesn't matter.
What matters is, is that a lot of people lost a lot of money.
And I think moving forward, for someone to say this is the future of finance, on these cold storage devices, I think it's not for everybody.
And I remember Plan B a couple of years ago, he came out on Twitter and he said, I'm moving everything to ETFs.
And that's a guy who's been around for a long time and he knows exactly how to cold storage and he knows the risk and he knows what he should do.
And he said, I don't want to deal with the headache.
And, you know, not your keys, not your problem.
But on the flip side, you'll take a look at Simon Dix, one of the smartest guys in crypto and Bitcoin.
And he would say, he's like, look, this is a move to get people to stop self-custody and move in the other direction for custody.
For me, I look at it as like this.
I get an email probably every week or two.
And it's from somebody who's lost their entire life savings.
And it used to be just hacks because you're susceptible.
And it's not just that you're susceptible because you don't know what you're doing.
You're susceptible because Ledger and a lot of other, I mean, there was another one, SafePal, and a couple of different other hard storage, cold storage wallets.
They had unfortunately lost the information or were hacked for personal information.
So now these hackers have your address.
They have your emails.
They have all your phone numbers.
So then it's a big issue.
So there was that.
And now moving forward, now we can't even trust all the cold storage devices.
So there's a saying, it's not about, I do know what I know or I think I know.
I know what I don't know.
One of the issues, so I know that I don't know everything about cold storage and the right algorithm and the right security features.
I'm just not as well, like as read as I should have been, because if I would have read more into cold wallet, I could have warned people.
It didn't work out.
The big issue I have is I don't know what I don't know.
And when I say that, it's like, how many more in the future?
I don't know how long it'll take.
But what if some other major cold storage device comes on and says, oh, you know what?
We had this issue, this fault, and for some reason we didn't catch it and AI caught it.
And unfortunately, you know, we really apologize for the hundreds of thousands of people who lost all their Bitcoin.
Really, really sorry about that.
That I think it is the big thing.
And now people will say, well, Rob, you're just spreading FUD.
I'll tell you, you know, I think a lot of these cold card people would have liked to have heard more of this FUD.
So maybe they could.
And I talk about this as well on the show, which is.
You can diversify your portfolio.
You know, we can do stocks and bonds and gold and crypto.
But I like to diversify now my holdings or my security.
So I will have some on a ledger.
I will have a good amount of tangent.
I'll also use I trust custodial services, which is the same one that Thaler and strategy uses as well as Larry Fink and BlackRock, which is Coinbase Prime.
And.
I will also put those into ETFs because I refuse to be that guy that has to go and tell his wife, hey, I know I put everything, all of our life savings into this, but somebody from North Korea, the Lazarus Group just hacked us and now we have to start from scratch.
I refuse to be that guy.
I will spread it all around.
And that's just how I see it.
I think there's a lot of wisdom in that.
That's kind of a little bit similar to what I do too.
I don't like to have, you know, a lot of like personal vulnerability or responsibility for some of these things at the same time.
I also like having some control and autonomy about this, but I really think the thing you.
it stands out to me from your answers, diversifying your solutions for this, right?
Instead of having all of it in one thing, using a variety of solutions to custody the assets, some third party, some personal, like different things like that.
Is that like a best practice that you recommend everybody follow?
Or is that like, how did you arrive at that like diverse set of solutions?
Because I had on Steve Wisniewski.
He is, he's an LA Raider.
He's going to be a future Hall of Famer.
And he, had actually put in over $3.2 million into Bitcoin.
And then he got hacked, but it was a scam attempt.
And it actually went through.
I had him on the show and he walked us through it.
But it was around that time that I started to think to myself, you know, Steve's a pretty smart guy.
And there's a lot of smart people that have been hacked or they've left over their...
mnemonic phrase.
They put a key here.
They didn't really realize it.
There was one guy, I think, that he had locked everything down, but at one point, five years ago, he had printed out his mnemonic phrase, and he just had forgotten about it.
And he doesn't know how his ledger got hacked, but for some reason, somehow they got the mnemonic phrase, and maybe he thought maybe it was some kind of old, recycled information.
Who knows?
But I came to this conclusion after getting so many emails and personal requests of asking me, Rob, what can I do?
Because now I have to tell my wife and now I have to tell the kids that I can't pay for their college.
What should I do?
And who should I contact?
I'm like, there's nobody you can contact.
This is a self-custody type of issue.
Even you can contact the FBI.
You can contact the local authorities.
There was a couple of people I recommended, ZachXBT and another group.
But at the end of the day, are you going to see that back?
Probably not.
And I just thought to myself, there's got to be a way.
It sucks to lose 25% of your stash.
It sucks to lose, you know, however much with taxes.
What the worst thing is, is to lose 100% and not have any control over it.
And that was the big thing I said.
I would like to protect more people than to have them go out there and try to do it everything themselves.
Rob, I really appreciate you sharing the wisdom on this.
And I think that our audience is going to appreciate you doing that as well.
So thank you for kind of walking us through your thoughts on this.
I want to pivot now a little bit towards a conversation around altcoins because we talked about your DCA strategy on Bitcoin.
And I think you're already laughing here.
Okay.
But I'm curious, are there any altcoins that are also in that DCA bucket for you or that you're accumulating or maybe if not accumulating, just holding through this bear market?
And just what's your outlook on the altcoin market here?
So I always took a look at, I thought it would be because we know stable coins are going to do quite well.
And especially we talked about, it's going to strengthen the US dollar.
I took a look at Visa.
There's a website, visaonchainanalytics.com.
And you can take a look at that and see what the major chains are that are being used for all stable coins or for US, well, for the major ones, Tether and Circle and some other ones.
And it was always the same four.
The same four are always the ones up there.
I call it the best, which is Binance.
ethereum solanotron so bnb ethereum solanotron that would be like the best now there's some other ones that you can throw in there you can talk about polygon and of course the xrp people tell you what about cross-border payments and i get it i get it it's just i i only have so much money i mean i really can't put everything into everything it's just it's just impossible so i look at you know the best bnb ethereum solanotron and then people will say well that doesn't matter Even though we have payments, which trillions of dollars across the way, even though we have that, that's only a fraction percentage of what the price accumulation can be.
And they're absolutely right.
So we take a look at just payments.
It's one part of it.
Then the biggest factor is speculation.
Let's just be honest.
And then past that, you have to think to yourself, OK, what else can these rails do?
Well, what about?
tokenization of real world assets we can tokenize bonds we can tokenize oh you know like the stock markets and we can tokenize real estates and we can tokenize a whole uh heft amount bonds everything else so i take a look at something like like that and what we can do and the rails that that can be built on and you you amp it up by speculation i think those things can work out pretty well and you know bnb some people don't like it but ethereum seems to be like the choice for institutions in Wall Street.
We'll see that holds true, especially as we take a look at some problems that it has.
And it seems like every hack seems to happen on DeFi, which is built in Ethereum.
Not that that's an Ethereum issue.
I get it, but it just seems like a negative stance on that.
Maybe Solana and then Tron.
If you look at Tron for payments, I'm an American, so I don't, you know.
have to i don't really deal too much with europe and southeast asia it is like a juggernaut especially for tether and i think it's over 60 percent of the volume that tether actually does which is on tron okay so bnb ethereum solana tron That's a pretty tight list.
And it seems like a lot of the majors in terms of market cap there.
Is there a time in the market where you would start to look outside of that, expand that portfolio and maybe get interested in some other projects as well?
Or do you keep it pretty tightly focused just on those four?
No, I mean, I'm always open to it.
If the market changes, I change.
I love to see it.
I mean, I see what's going on with Canton.
You know, there's, I mean, tokenization for, if you'd like to take a look at this website, rwa.xyz, you can take, you can break it all down by the chains.
And Canton has a pretty big hold.
And then, of course, there was hyperliquid, you know, if you look at perps and the activity that's going on there.
So it looks pretty good.
It's just that when I look at these things, I think to myself, would this really make me want to move out of my positions right now and diversify?
Not right now.
I'm just pretty tight because if anything's going to go down, it's going to be altcoins.
If the traditional market sneezes, then Bitcoin catches the flu.
And then, of course, if we go down to altcoins, they are on a ventilator in the ICU.
And that's pretty much the trajectory of momentum for digital assets.
I want to get some more thoughts on that trajectory and momentum and some of these major narratives in crypto.
It seems like you mentioned tokenization, real-world assets, stablecoins, agentic finance, all these different things are sort of like the meta narratives.
Yeah, and I'm curious your thoughts on that as we go into the next bull run.
Is there one of those sectors or themes that you're most excited about, or do you think that there's one that's overhyped?
What are your thoughts on these major trends in crypto as we go into the next bull run?
I do like the agentic payments for doing things because there is one commodity that we can never buy and it's time.
So if I have a bot that hopefully doesn't kill me or destroys my entire life savings as it goes out there like Skynet, if it can do something like that to say, okay, I want to travel to Puerto Rico.
I need a really good timeframe and just set it all up for me.
Would you do that for me, Claude?
Sure.
And it does that and then it pays for like...
super low payment, and then also maybe it does something to get a nice little rebate.
If they can do something like that, so much the better.
And then you have to take a look at, well, what kind of rails are they going to build on that?
Well, it's going to be the same types of things we just talked about.
There's probably some other ones I'm missing, but I see it as the same thing.
And then Cloudflare, which is, I've been dabbling around with Claude and Claude Code.
I'm actually able to...
to build these websites that used to cost me a ton.
It's almost free.
And Cloudflare is the one that does it.
And Cloudflare just announced, I think it was last week or so, about integrating agentic agents to pay with cryptocurrency for the different payments that you actually need.
And we're not going to be using, it's not going to be like a 2.9% plus 30 cents per transaction like PayPal does.
It's going to be fractions of a penny for all the things that we're going to want to do on the internet.
by agents and let them just rip and do that thing.
I do see a problem though moving forward, but we'll see how it all works out for agents going crazy.
I have to ask, what is the problem moving forward that you see?
What's the hang up here?
It's the same thing.
That's a good question, John.
Remember, there was this story that was pretty great about an AI.
I don't know if it was...
Claude or was it OpenAI and ChatGPT where one of the developers says, hey, I need you to clear out my email inbox.
Very simple, right?
Clear out all my email inbox for like all the spam.
So what did it do?
It deleted everything.
And then it deleted all his files on his computer.
And it's like, what'd you do?
You're like, oh, I deleted all the things that didn't make sense.
And he's like, that's all of my files.
So like, I think we have to, we're going to see some issues and let's not even talk about the robots that are coming.
I mean, we're going to see some issues that are going to come down and like, oh, we didn't.
didn't think about that we just didn't know we didn't know and then we see a bunch of uh problems but we'll see it as it comes yeah well see this is actually one of the reasons why i think i'm so bullish on digital assets is that i think that smart contracts um and and cryptocurrency um decentralized identity solutions all these different things that you know digital asset ecosystems enable and support can be really helpful in solutioning for some of these things, right?
Like smart contracts to control behavior and so forth.
Like there's another side to that coin that might be even more bullish, you know, once some of these identity solutions and things get adopted, but we'll have to see because it's still a blue sky frontier.
We don't know what this is going to look like yet.
Rob, I want to ask you one more final question on this.
You are scheduled to speak at Ben Cowan's Investing Through the Cycles conference in November.
in Miami.
And Ben is a mutual friend of your channel and ours.
Everybody loves Ben.
A lot of people hate Ben, but I love that so many people hate Ben.
But I'm curious about this.
November's a long way away.
It seems like Ben scheduled this pretty far in advance because he's hoping by then we'll be in another bull run.
Do you think we will be in a bull market for Bitcoin by November or before November?
Man, I hope so.
That'd be great.
Actually, so we, because we do this weekly show.
uh nfa live and it's me him and then guy from coin bureau and afterwards he he said hey stick around let's talk about this conference and he told us like hey it's gonna be in november can you guys go and i was the first i was like yeah sure guy's in dubai so he's like hey we'll see mate or whatever but uh i said hey november's not a great time right because i mean i think we're still going to be in a bearishness and he goes well because that's why we're going to do it he said uh he said If we can pull off a conference in a pretty brutal bear market, we know that the next year will be better.
And the year after that will be better when we have a halving.
And the year after that will be even better when we're going into a magnificent bull run.
I said, that's a pretty good idea.
So yeah, this will be like the litmus test to see if this is the great thing.
So will we be in a bear market?
I mean, if we take a look at the four-year cycles, we're supposed to bottom out around October.
So what does the bottom look like?
Is it 55?
Is it 50?
Is it 45?
People's got, I mean, there's plenty of price predictions out there.
But let's just say that we go down to 45.
If we go to November, what we could go up to like 50, 55, if that's the case.
If that is what is happening, I'd be very happy, first of all, because that means that I am accumulating them pretty low.
But I think at the point in November, we should be still in the doldrums of hopefully coming out of it.
to a little price appreciation.
But I think there's a little bit more pain if you want to call it that coming up.
Well, while we've been having this conversation, Ethereum popped over 2K and Bitcoin is now over 68K.
So who knows?
Maybe we just put in the bottom of Bitcoin in this conversation today, Rob.
Who knows?
Congratulations.
Congratulations.
We did it.
We saved the whole market.
I got to have you back on the show more often.
Rob, thanks so much for being on the Milk Road Show.
I think, like I said, you're a really respected and trusted voice in the space.
There's a lot of wisdom in what you share and just the experience that you've had in this market for so long.
I think a lot of people appreciate that, especially during a bear market.
Where can we send people to find more of you and your work online?
There's two main places we got underneath here.
You can see it at News Asset over on X.
I don't post as much as I used to.
It's a very interesting place on X, but we'll do a daily live stream.
on YouTube so you can find us there.
All right.
Well, great.
Thank you so much, Rob.
I hope we can have you back on the show again soon.
Absolutely.
Thanks, John.
Appreciate it.
And thank you all for joining us.
I hope you all learned something today.
There's a lot of wisdom in this episode.
So until next time, stay safe, stay educated, stay bullish, and we will see you all on the next episode of the Milk Road Show.
Thanks for being here, everyone.
Bye.
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