In this video, I delve into the interconnectedness of various facets of the cryptocurrency world, highlighting the recent downtime of the Avalanche network, the significance of Bitwise, a major player in the Bitcoin spot ETF market holding over 20,000 Bitcoins, and the potential implications for Cardano (ADA). I discuss the broader crypto ecosystem, emphasizing the trillions of dollars poised to enter the space, and how recent developments, including the launch of Bitcoin spot ETFs, are shaping the market. I also share a conversation with the CEO of Bitwise about ADA, revealing their interest in including ADA in their funds, which underscores the growing recognition of Cardano’s robustness and resilience compared to networks like Avalanche and Solana, which have experienced downtimes. I argue that Cardano’s peer-reviewed, rigorously researched foundation and its unique staking and governance mechanisms make it a compelling choice for value investors like myself. I conclude by reflecting on Cardano’s potential for long-term investment, drawing on its blend of security, decentralization, and scalability, and its role in the evolving narrative of cryptocurrency investment.
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Intro 00:00
Crypto space is all connected 00:40
Avalanche and Bitcoin ETFs connection 1:40
Bitwise is watching Cardano! 2:40
Why Cardano stands out 4:00
Only a matter of time… 7:00
The story is playing out 8:00
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Avalanche Network went down today bitwise one of the nine Bitcoin spot ETFs bitwise they’re number four in terms of Bitcoin Holdings they hold like over 20,000 Bitcoin they hold a ton of Bitcoin what do these two things have to do with each other they seem completely in different worlds and what do they
Have to do with cardano Ada I want to break it down in this video hit the Subscribe hit the like on the way in check this out first off I just want to say something and I’m going to have to edit this video to show you the
Screenshot but I asked the bitwise CEO bitwise invest CEO about ADA I asked him about ADA and his answer might surprise a lot of people in the crypto space so let’s let’s start here zoomed out we have this space that we are operating in right now we’re investing in right now
And this is just my take this is my perspective on the space trillions of dollars I think just getting ready to enter the crypto space as a whole over the years tens of trillions of dollars Bitcoin spot ETF just got launched not long ago and the the adoption and the
Rate of volume that is happening with the ETF is substantial it’s meaningful in terms of the crypto spot ETF in terms of the Bitcoin spot ETF and the crypto space in general ethereum spot ETF in play for this spring so you have those two things then you have right now
Avalanche this is this is just a news headline it’s important for me to talk about it I like Avalanche I’ve talked about it a lot this isn’t this is no hate towards Avalanche at all I don’t like seeing networks get shut down in crypto but is a huge point in terms of
My personal crypto journey and my investment thesis in the crypto space especially as it pertains to cardano so let me explain that Avalanche went down salana went down weeks ago and I don’t remember how many times it’s gone down I think like over 10 times these things
That I’m talking about bitcoin’s spot TF ethereum spot TF trillions getting ready to enter space bitwise and and the nine the 90 ETF uh firms salon and Avalanche they’re not they’re not really seclusive they seem like it but they’re not seclusive they all are within this General ecosystem and they all are part
Of the general crypto narrative and and the story that is happening right now the story that we’re a part of each thing really does have to do with each other and so the reason why I’m bringing all this up is there’s two reasons I’m first going to discuss the Bitcoin spot ETF bitwise
When I asked the CEO about ADA I’m first going to discuss that and then I’m going to discuss what Avalanche Network going down has to do with it so I put a screenshot here but I asked Hunter horley is his name and by the way you know they’re they’re doing
Such they’re doing such a good job for marketing Bitcoin but I asked him do you all have your eyes on Ada right because all the talk has been about the Bitcoin spot ETF and obviously now the ethereum spot ETF do you have your eyes on Ada and his answer was something along the
Lines of of course of course we have our eyes on Ada and Ada is actually part of one of our funds or I think a few funds but one of them being the the bitw fund which is a crypto 10 index and here’s the thing
A I opened it up a sitting there between salana and avalan in the fun in in terms of weighted average Bitcoin obviously at the top ethereum is up there as well but Ada right in between salana and and Avalanche okay so the Bitcoin spot ETF
The the four the number four in terms of allocation in terms of the Bitcoin body ETF The Firm number four over 20,000 Bitcoin bitwise invest has a fund with Ada in it has their eyes on Ada on cardano and then I’m looking at cardano Ada sitting in between on this fund uh
Sitting in between salon and Avalanche and I just know from a fundamental technical perspective especially just today and in weeks past Ada is the one cardano is the one chain that has not got shut down so not only do you have this firm this massive firm and I’m sure
There are others with their eyes on Ada we know grayscale has has has Ada allocation not only do they have their eyes on a cardano but now they’re seeing and I think this is important it’s not the only thing but it’s important that they’re seeing the fact that cardano
Network is built differently and for me as a value investor this is why one reason why I chose cardano in terms of I’m going to allocate a heavy portion towards an altcoin what altcoin would it be for my due diligence it came out to be cardano
For me and it’s that it’s that whole boring peer-reviewed rigorous research type of narrative right that that boring for people probably new in the space they see cardano peer-reviewed it seems boring on the surface but I’m telling you as a value investor and this is what
I think that the big firms the the big money is going to reach realize and Ada will become more highly allocated for them they’re going to see that the fact that it’s peer reviewed time tested ton of rigorous research it took a little bit longer to build obviously and to build
It so that we could have things like smart contracts which are here now defi which is online now it’s all here it took a little bit longer that’s where cardano gets us some negativity from but the fact that they took the time so cardano is sitting here right now not
Getting shut down and it has the most it really truly does it has the most robust liquid staking mechanism the the the staking protocol that is cardano the consensus protocol it’s like no other in the crypto space it really is and so cardano is in this era now where it’s
Working on governance it’s going and it’s one of especially when it comes to the Blue Chips the top cryptos cardano is like one of the only ones that seems to be putting a focus on governance true governance where cardano is just completely decentralized right massive Treasury and so you have all these
Things and not to mention the scalability when you bring into play scalability and needing to scale with the industry for Enterprise to build on top of cardano is is at that stage right now all of these things everybody and it doesn’t get shut down I would say that’s
Probably a big selling point in terms of for me at least as a a value investor if I’m longterm in this space and I’m trying to pick an altcoin that’s built properly I think not getting shut down is is is important that’s just me and
Not only is it important to me but as that value investor right now I’m just sitting here thinking I really think the big money is going to realize that if they don’t realize that already they’re they’re going to see how cardano stands out Bitcoin has it has its thing right
It has its thing that that to a lot of people is spectacular and it really is intriguing and and attractive to them no doubt ethereum has its thing no doubt and I don’t hate on it at all I 100% I like it and I get it but here’s the
Thing cardano besides being secure besides not getting shut down and besides its consistent uptime and its decentralization factors it is the utxo system is the best of both worlds in terms of Bitcoin security and ethereum programmability that’s another thing I think big money is going to realize so
This is this is a story that just takes time to play out but as we kind of are just in this space day in and day out we’re seeing things happen news is breaking all the time ETFs being launched protocols being shut down cardano is time tested and I truly think
That it’s a consistent top 10 the the fundamentals and the technical soundness of the protocol it’s been time tested and so you know this Channel and and my videos that I do it’s just me tracking my crypto journey and that this is just an example a rolling example an ongoing
Example of why I think cardano 8 is a really good play for myself as a value investor I realize there’s other coins out there that are going to you know have way more upside potential maybe newer coins with lower market cap that’s always the case in cryptos was always
Going to be the case cycle after cycle but in terms of allocating to an altcoin in this case a blue chip like cardano these things are really important to me and so I just wanted to point that out and just kind of bring bring the stories together the ETF Stories the the
Avalanche and salana shutting down and again no negativity towards them I want to see them succeed I don’t want to see them being you know being shut down or going down or pausing I don’t want to see that and but but it’s happening we’re in the
Crypto space I have to talk about it and do a video about it and it really does uh exemplify why I think cardano is a great is a great blockchain and Ada is such a good play as a long-term value investor so let me know your thoughts in the comments below everybody I
Appreciate you hit the Subscribe hit the like I’ll see you in the next video God bless
30 Comments
Great Video I STAKE ADA with CCV1
once again 👍dan its been a long bear winter im probably your only viewer that wants another dirty dip. please just one more we all deserve just a top off. much love my friend
I have 560,738 cardano on coinbase but they don't allow staking, and don't feel comfortable staking somewhere else since I don't trust anything but my own hardware wallets or leaving it on coinbase for now.. I just don't know enough to try to stake somewhere else. Maybe if someone could point me in the right direction? But then again how can I trust someone I don't know? I would trust charles but I doubt he'll get back to me? LoL
I recently watched a Warren Buffett documentary and the term "Value investor" finally clicked for me. Yes, that concept is why I like Cardano as well.
ICP has way more potential than any shitcoin
SOL beats ADA in every category except reliability. ICP beats them both in every category including reliability.
never seen a youtuber talk more about ADA. they must be paying you a lot of money huh "subscribe nd like "
Ok, why has ada underperformed when compared to so many other assets.
ADA!
Yeah, that "boring" do things the right way, mentality.
Awesome, let us enjoy our Journey 🙏🏾
Cardano is my style coin. Nice and easy wins the race. 👍🏽
The phone camera's skin smoothing effect is quite distracting and weird looking. Such a dumb "feature" to have on all the time, and it's not always something you can turn off. Great vid tho.
ADA sucks
Cardano a sure long term winner, great staking protocol, eyes toward the future. Charles is a brilliant man, a balanced long term thinker.
ADA to 59$s
Cardano is one of my picks; it just has the worst spokesperson.
What's that dirt under your nose and on your chin? lol
There's going to be SOOOOOO many bag holders this bull run it's not even going to be funny. If not bag holders, people who lose 40-50% of what they would have sold if they timed the top (not really possible, but you get the point). Then there will be those who fall from there to being all dressed up with no where to go!
We are in the 4th turning which is marked by destruction. The powers that shouldn't be are going to plan more events to bring the system down and to usher us into their 2030 agenda which involves transitioning us to a new monetary system which will have financial chaos preceding it. We have wars going on and probably more that will happen feeding the 2030 narrative. The returns on crypto have gone down from 10000% to 2500% to 450% to even lower. This won't be any different. People are going to get smoked! Watch, all asset classes will derail after this bull run God willing we get it, and we will go sideways till the end of the decade. Tick Tok!
You are absolutely correct about Cardano value proposition as a safe platform is going to play out to the adoption of ADA more and more. Because Value investors who value the wealth they have amassed can not stand for a project going down. The need for Decentralization is already rising and war looms and the wrong party in power! They have too much to loose. I can not imagine a project shutting down and their funds get liquidated without proper backups. Your funds are gone! Thats a no go! Cardano all the way!
Jasmy coin 💎
It's going parabolic soon
Still very cheap
Charles used the analogy of a sports car VS a tank. One can move fast but will crash and not be able to move over various terrain; the other is slower, more robust, and can travel over all kinds of terrain. Which one do you want your financial holdings and security in?
You just can’t wait to talk crap about a network that competes with Ada!
The reason networks like Solana and avalanche go down is because there’s actually traction on them. Unlike Ada where nobody’s using it.
What is your thoughts on COTI exploding???
Most people will soon find themselves rubbing their eyes in amazement as Cardano outperforms all other coins. Cardano is simply the most secure blockchain.
What are you talking about? Cardano hasn’t been immune to shutting down either. Plus since nobody actually uses it, nobody actually cares or notices it.
Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still made over $65000 last month while trading
What is the problem of a network going down? No matter how many times they fail, the price keeps going up. So, shut up and just buy those coins
Great video pal 🤠! I was upset when I heard Harvey say we were an Etherium wanna be and the first crypto that's going to be insignificant. With Charles responding to him "Throwing Shade" at us. I really do feel that the entire crypto space hates Cardano. Everywhere I look we are always talking bad about us "Cardano". I have only been in crypto since the BTC bull market doors of the last bull market and it has gotten so old listening to all the haters hating. WHY???. I can't imagine all you guys who have been in ADA since the beginning bearing all these years of mean tribalistic HATE!! AGAIN WHY? I have tried to pass it off over the years but dang man. The only negative things I have seen is the 150Millon dollar bridge hack. Which I still think was an inside job. Especially after all the security they boasted about. Also we have low to hardly any adoption whatsoever plus TVL which started out well, then the hack, then we started knocking it out of the park over 400+ Million and now BAM a significant drop in TVL below 400Million. Do you know why this is? Also why do we not have adoption like I thought we would after launching all of the projects and going into our first defi summer. IDK what to think anymore, especially now that we are up and running finally.
Cardano is the only asset I stake. The last time I staked Solana out took a few days to unstake. I thought I had been swindled. By the time it unstaked I had already lost the opportunity I was chasing after