Bitcoin Meets AI Agents And Everything Changes | Tillman Holloway & Andrew Parish

Tillman Holloway and Andrew Parish are the co-founders of Arch Public. In this conversation, we break down how AI agents and bitcoin are converging, why bitcoin is the best collateral in the world, and what 24/7 markets will mean for investors. We also discuss bitcoin ETF flows, Wall Street's growing role in bitcoin, and why AI trading tools still need a human in control. ======================= Arch Public is an agentic trading platform that automates investment strategies across Stocks, Commodities, ETFs and Crypto. Whether you’re rotating into AI & Gold, allocating to the S&P 500, or accumulating Bitcoin, Arch Public executes your plan 24/7 without ever taking custody of your assets or funds. Sign up today at https://www.archpublic.com, and start your FREE automated trading strategy! ======================= Lava is a global platform for bitcoin financial services. Spend with Lava Card and earn up to 5% back in bitcoin with every purchase— all with no annual fee, no FX fees, and zero spread. Plus you can borrow against your bitcoin at the lowest rates, earn yield on cash, and move fiat or stablecoins globally. Get started at https://www.lava.xyz/POMP ======================= GalaxyOne is a financial technology platform built for people who want their cash working harder. Open an account with promo code POMP and deposit $10,000 to earn a $1,000 bonus. See site for promotion details → https://www.galaxy.app/pomp1000 Galaxy Premium Yield is an investment note issued by Galaxy Digital LP and guaranteed by Galaxy Digital Holdings LP. It is not a bank deposit, is unsecured, and is not FDIC or SIPC insured. U. S. accredited investors only. Cash deposits held at Cross River Bank, Member FDIC. Securities products are not FDIC insured, not bank guaranteed, and may lose value. GalaxyOne Crypto is not FDIC or SIPC insured. Terms apply. ======================= This episode is brought to you by Investor Health — clinician-prescribed protocols for weight, metabolism, energy, and longevity, delivered to your door in 48–72 hours. No office visits, no referrals. Plans start at $149/mo. Learn more at http://www. InvestorHealth.com/pomp. Investor Health is a telehealth platform, not a medical provider. Compounded medications are not FDA-approved. Individual results may vary and treatment requires evaluation by a licensed provider. ======================= 0:00 - Intro1:10 - AI agents, bitcoin & crypto as collateral4:18 - 24/7 markets are coming6:40 - Crypto tokens vs AI tokens12:20 - Trust & security with AI agents16:55 - Can AI trade for you 24/7?25:42 - Why people name their AI agents32:53 - Why bitcoin ignores macro headwinds36:16 - Bitcoin ETF flows & retail demand40:01 - Bitcoin price outlook & dip buying43:27 - Elon, X Money & the tech titans45:20 - Future of AI tools & Arch Public

• 0:01Speaker 00

  This episode is brought to you by Michelob Ultra. Good times mean competitions between you and your friends. Like seeing who can throw some pigskin the farthest or rush the field the fastest. Winner gets an ultra because it's not just a superior like beer. It's also giving fans superior access to their favorite sporting events. Superior is worth playing for. Visit michelobultra.com/superioraccess to enter. Enjoy responsibly. Copyright 2026 Anheuser Busch InBev Michelob Ultra Beer, St. Louis, Missouri.

• 0:30Speaker 01

  Are your ad campaigns lighting up the dashboard? But not the pipeline. That's bull spend and marketers are calling it out in dashboard confessions.

• 0:39Speaker 02

  My boss asked for results, so I opened my dashboard for the only positive sounding metric I had. Impressions.

• 0:47Speaker 01

  Cut the bull spend. See revenue, not just reach. LinkedIn delivers the highest return on ad spend of major ad networks. Advertise on LinkedIn. Spend $250 on your first campaign and get a $250 credit. Go to LinkedIn.com/campaign. Terms and conditions apply.

• 1:00Speaker 03

  If you look at Bitcoin, but really all crypto, it holds a special use case as it pertains to repossession rights and how you can lock it up without tremendous repossession costs. And so you don't have that against real world assets. You don't have that against gold. You don't have that against any physical goods. Like think about, you know, going and repossessing a car. If the car is not worth very much, it's more expensive to repossess it than the value of the collateral. And so that becomes an unlandable asset.

• 1:35Speaker 04

  What's going on, guys? Today we got a great conversation with Tillman Holloway and Andrew Parrish. They're the co-founders of Arch Public. And in this conversation, we go into some interesting topics. First, we talk about tokens. Did you ever think about the fact that there's compute tokens and there's tokens in crypto? What's the history of tokens? Why is it important? How's it going to change your life? Why are the AI agents taking over at the intersection of AI, Bitcoin, crypto, tokenization, and many other technologies that are all coming together in the exact same way? And then we talk about 24/7 markets, volatility, how these guys are investing, and what they have built to help people navigate all of the future of finance. Here's my latest conversation with these two geniuses at Arch Public. All right, Tillman, we've seen a huge surge in the interest of AI and Bitcoin. The intersection here, it is very obvious, I think, that the AI agent ecosystem

• 2:19Speaker 04

  is going to be way bigger than people thought, which means the addressable market for lots of technologies just got significantly bigger. What are you guys seeing when it comes to this intersection of AI, Bitcoin, crypto, and kind of the future of these digital technologies?

• 2:34Speaker 03

  Yeah, I think it's a really interesting intersection of, you know, agents are going to be the prolific users of crypto. Agents can be created instantly. They don't have to become adults to start using, you know, wallets and transactions for hash rate or for compute power. That's going to be the commodity that's going to be needed to be traded against most. And they need a forum by which they can do that. Tokens, if you will, that's what we actually call them right now. So that's one of the things that I think is just going to grow exponentially over the next five years, we're going to see it. But I also think that the debt attached to crypto and what it can be

• 3:19Speaker 03

  from a collateral perspective is probably the most interesting part. If you look at real estate, for example, and you say, okay, well, why have there been more millionaires created on the back of real estate in the US? It's because you can borrow against real estate very easily from any local bank. And there's a systematic flow of capital that allows them, those local banks, to sell that debt. And if you look at Bitcoin, but really all crypto, it holds a special use case as it pertains to repossession rights and how you can lock it up without tremendous repossession costs. And so you don't have that against real world assets.

• 4:02Speaker 03

  You don't have that against gold. You don't have that against any physical goods. Like think about, you know, going and repossessing a car. If the car is not worth very much, it's more expensive to repossess it than the value of the collateral. And so that becomes an unlandable asset. And so if you want to include the most people in the economy, you have to lower the barriers of entry, which crypto and specifically Bitcoin then become the most preferred form of collateral because it's the easiest to repossess. And you can write smart contracts that govern specific things that have to happen. And if they don't happen, it's not, you know, a judge and jury that has to decide it

• 4:47Speaker 03

  through an expensive litigation process. It's literally a smart contract that decides instantly the settlement that takes place. So I think that when we start seeing crypto lending available to the general public, you're going to see a mushroom cloud of activity that's going to really, you know, follow. Because I think that the loan rates are going to be lower against that collateral because the repossession costs are lower and they're going to pass some of that on to induce usage is what my argument would be.

• 5:19Speaker 02

  I think we're going to see a collision course of AI and finance much quicker than we think. And I think that's going to be accelerated with 24/7 markets. Because they're coming and they're coming fast. The NYSE, the NASDAQ, the CME, all of the larger, let's call it, pipes and levers associated with trading any asset across the United States have all signed deals and have all put out press releases saying, we're, we're almost ready to go on 24/7 trading. Well, how do you facilitate 24/7 trading when all the humans that do that from 9:30 to 4:00

• 6:01Speaker 02

  are asleep from 9:30 PM to 4:00 AM anyways? Well, you're going to have to have agentic tools, agents, if you would, that are facilitating that activity during that time period. So those systems are being built. Those systems frankly are being built here at Arch Public. And so you, you have to have something acting out your will on your behalf at 2:00 AM. Because markets will be open at 2:00 AM. In the same way that crypto markets are open at 2:00 AM, traditional markets are going to be open at 2:00 AM. It's all that Morgan Stanley or BlackRock want to talk about. Tokenize this, tokenize that.

• 6:46Speaker 02

  There was just a new headline today that BlackRock has signed a deal with Ondo associated with, you know, tokenized real world assets and what it means for them. So the biggest players in the world of finance, both exchanges, custodians, and then, you know, product producers, you know, have all been invited to the SEC to have meetings about 24/7 trading. So it's going to happen. So then the next question is, what is the collision between AI and finance? Short term, it's that. You are going to have to have systems that act out both institutional and retail customers' will

• 7:30Speaker 02

  at 1:00 AM, 2:00 AM, 3:00 AM, 4:00 AM, while markets are still open and active. That's, that's coming very, very quickly.

• 7:40Speaker 04

  You know, it's interesting. I never really thought about it before, but the word tokens, what that means, there are tokens in crypto, there are tokens in AI. And I never thought about the overlap on that. What do you think the ramifications are? Is that just like the, the future is going to be built on tokens? And some of them will be financial tokens, some of them will be compute tokens? Maybe there's other form of tokens going forward, but like this is the world we live in now?

• 8:04Speaker 03

  Absolutely. A token is nothing more than, in my mind, an encrypted, either fungible or non-fungible representation of value. And so if you look at that going forward, we're moving against all physical, you know, there's a lot of businesses in spite of it, I think, still being illegal, refuse to take cash now. We're moving to a cashless society. And, and there's a lot of arguments that are valuable on both sides of, you know, whether we should do that, whether it's good. But I think the economic value that lies on the other side of that rainbow is too hard to ignore. And what I mean by that is like, there's a lot of people unbanked in this world,

• 8:45Speaker 03

  like 4 billion plus people that would, would or could be included if there was a way to include them. And, you know, the cost barrier to having customers is a real thing in a capitalist society. And so it's like, at a certain level, customers like Louis Vuitton isn't, isn't going after that customer base. And so where do they get served from a bankability perspective? Like where, when do they become attractive to a bank enough for them to start participating in the banking space? And I think blockchain lowers the bar better than any current system has ever lowered it

• 9:29Speaker 03

  by, by orders of magnitude. And so it allows everyone to participate. And I think the, the tokens, whether, you know, we called them cryptocurrency or you're a Bitcoin maxi, or at the end of the day, they're all tokens, right? They're just representations of value that are digitally stored. And, and that is the future because that's going to be the way in which e-commerce allows 4 billion more people to come online. And, and when you talk about a global economy and you talk about breaking down the walls that preclude, you know, fiat from being instantly converted

• 10:11Speaker 03

  and transferred and sent anywhere globally, I think we're literally in the midst of watching that break down. And, and it's exciting because I think if done correctly and, you know, if... If proof of work still, it means something that we're going to have a backstop from a security perspective for a very long time that we can rely on as a people, you know, as the users themselves and not have to trust other people for that.

• 10:38Speaker 02

  Well, you know, tokens have been around a lot longer than we realized. There was a forefather of tokens and really was ahead of his time back in the early eighties. His name was Chuck E. Cheese. I don't know if you guys remember that guy, but you had to move your money into tokens before you played any games at his establishments, right? So Chuck E. Cheese was the forefather of tokens. But in all seriousness, it's a good point to be made associated with tokens that there's value that's going to be moved back and forth between those entities, right? Financial

• 11:14Speaker 02

  tokens and compute tokens, again, I think we're on the precipice of meaningful collision of those worlds and what it looks like and the speed and pace and ease at which those two worlds can work together. We're headed there very quickly.

• 11:35Speaker 04

  This episode is brought to you by Lava. The Lava card is the first credit card that allows you to earn up to 5% back in Bitcoin on every single purchase. Most cards have steep annual fees and unclear points programs, but the Lava card offers a much better deal. Earn real Bitcoin every time that you spend. Plus, there's no annual fee. There's zero FX fees and zero spread when you spend internationally. On top of that, Lava gives you access to a Bitcoin line of credit, yield on cash, instant stablecoin deposits and withdrawals, on and off ramps to and from your bank account, and much, much more. With Lava, you can borrow against your Bitcoin at the lowest rates, earn yield, move money globally, and stack Bitcoin with each and every purchase you make. Most financial services squeeze you with high fees, confusing rewards programs.

• 12:20Speaker 04

  Lava keeps it simple, and they help you build your long-term savings via your everyday spend. Visit lava.xyz/pomp to get started in just a few minutes today. lava.xyz/pomp to get started today. Today's episode is brought to you by Galaxy One. A lot of people got their money working for them, but the question now, how hard is it working? Well, the folks over at Galaxy One, they're taking a very different approach. Everyone earns 3.5% APY using Galaxy One cash. And if you make over $200,000 a year, that means you're probably an accredited investor, and then you can earn up to 8% on your cash guaranteed by Galaxy Digital. The best part, though, is that you can actually

• 13:02Speaker 04

  set it so that your yield immediately is reinvested into your favorite stocks, crypto, or ETFs. You don't got to think about it every single month. It just automatically does it for you. That's why I love Galaxy One. So if your cash isn't working as hard as you are, then it's time to make a move. Check out the link in the description and start earning today. You know, what's interesting to me is as we look at some of the products that are starting to take hold, you have these almost new types of networks. So Instinct is now having, if I have an agent, my wife has an agent, those two agents can know they're in a trusted network. And so they're likely to work together or collaborate. Well, money becomes a core component of that, right? Who's paying for what? How does it, you know, transfer between these two people?

• 13:48Speaker 04

  Then you go and you look at some of these B2B type products, like, well, my vendor, I should have a different relationship, my agent and their agent, than somebody who is cold pitching me off the street that is in the same business but isn't currently my vendor. And so trust becomes a very interesting element of this, where it's almost like people are willing to allow the agents and the technology to automate more when they've already kind of whitelisted. And we know whitelisting obviously exists in crypto and wallets and, you know, kind of the token world on the finance side. But when you start to merge this stuff together in a very weird way, you are trying to replicate the way that human relationships work. I trust this person, therefore I'm willing to do business with them. But you're also doing it where you're kind of turning the keys over to

• 14:33Speaker 04

  the AI too, right? You're kind of saying like, hey, you know, I trust Andrew, my AI, his AI, like, go figure it out. You guys worry about that at all? Like, does that increase security concerns or anything like that?

• 14:45Speaker 03

  I think there's going to be, you know, an evolution of security iterations that make it more secure and easier to use. I think Grokbot's probably the best recent example of that from a user-friendly, user, you know, experience perspective. It's by far the best. And it has a lot of checks and balances in, you know, what it's doing for you. It's acting in a lot of ways like a personal assistant, where it's going and doing a lot of the legwork, but it's bringing it back to you for final approval before it's sent out. And so I think that you can code around those problems. I do think that the trusted layers are really interesting thing that we've even seen

• 15:31Speaker 03

  ourselves. And so Slack is a great example of that. Like Slack is a well-known and well-used platform for both internal, you know, efforts within a company, but then also you can bring and collaborate with external parties very effectively as well. That becomes a really interesting API integration between Grokbot and Slack, because then Slack can be that trusted layer where you know that there are no, you know, everyone in that Slack channel is approved or whitelisted, if you will. And so I think that's going to be a major component moving forward as

• 16:11Speaker 03

  it pertains to how you parse out permissions to what your agent can do and what it can't do. It's going to find itself trapped in sandboxes that you purposely put it in so that, and even siloing your bots is an effective means to do this. Like even within Grokbot, you can silo out, you know, five different bots and not allow them to see across the fence, if you will, so that you're getting some checks and balances or some redundant, you know, precautionary measures that pertains to things being sent out without getting additional oversight.

• 16:47Speaker 04

  I love the fact that we can have these conversations and I can have a supercomputer here to do live research. And my real-time research, I just looked up, what's the history of tokens? Where does that come from? And it goes back to the 1950s and 60s. And tokens originally came, computer scientists borrowed it from linguistics. This whole idea of being able to take a chunk of text as, you know, some sort of parser, they then put that into compilers so that they could actually use those programming languages. And the source code would use those tokens for keywords, operators, identifiers, et cetera. And then in the 80s and 90s, networking and security, there was IBM introduced the Token Ring Network, the ability to pass the tokens around so that you could do authentication. And then even taking it further with things like RSA,

• 17:31Speaker 04

  secure ID, authentication credentials, and being able to actually give people access. And then the history goes right immediately into the subword tokenization in AI in the mid 2010s. And it talks about a bunch of things that are way too smart for me. But the general idea is that it is using these like data compression algorithms, and it's trying to figure out, how do you take text and actually translate that into the machine? Now, the reason why I think that's interesting is one of the best lines of probably the last two or three years is the hottest programming language is English. And now you can just simply in natural language describe to the machine, here's what I want to do, and it will go and it will actually create that product for you. Well, that's kind of what we're getting in finance now. Like, you're now starting to be

• 18:15Speaker 04

  able to be like, hey, you know, I want to, I want my agent to work 24/7. The market's 24/7 in crypto. Eventually, you're going to get stocks doing 24/7. I don't want to sit and click a bunch of dropdowns and figure out, like, just like, do this for me. Like, you know, the joke of like, you know, hey, Claude, make me money. Make no mistakes. You guys are probably one of the closest versions of this so far. Like, describe a little bit how you're thinking about natural language, you know, description and, you know, the automation of this, but also operating in a 24/7 market where humans are just ill-positioned, you know, better or worse, like, we do need to sleep and maybe live our lives, touch grass, you know, while markets are still trading.

• 18:54Speaker 03

  Well, the notion of creating an all-powerful genie that you can turn loose with your wallet and say, go make me money, is a fool's errand. It's sexy on, you know, face value, because agents do seem very powerful. But when you peel back that onion, you realize, like, you're a slave to the amount of compute power that you have behind you. And if you think you have a disadvantage now trading, compare your compute power to pretty much any company, and you're way down the totem pole. So that's not the way to look at it. The way to look at AI in the markets, in my

• 19:36Speaker 03

  opinion, because they are a zero-sum game, and because you can't compete, just like Robot Wars, you have to find out what you're trying to accomplish, right? Because it all boils down to your individual circumstance and what you're trying to accomplish. And the AI is a management tool. It's meant to extend your will into time periods where you're not available. And it's meant to execute your will when you're not emotionally in a place where you want to be, you know, the decision maker. Those are the two primary benefits. And so for people to think

• 20:16Speaker 03

  that there isn't a dancing partner that's very needed in that equation to get successful trading accomplished with AI tools, that's where kind of the road of hard knocks comes in. And people find out very quickly that that doesn't work. You can chase, that's essentially trying to go in and beat the casino with some system that you heard about online. The casino's odds, you cannot beat unless you cheat. And when you cheat, you get caught and get prosecuted. And so the markets have

• 20:55Speaker 03

  You have to be, first of all, more solvent than they are irrational. And most people don't even approach the markets from a risk perspective. They approach it all the time from a greed perspective. And part of the tools that are now available to everyone keep you from making those mistakes. Like there's self governance as much as anything in terms of making decisions when you're feeling emotional rather than coming up with a plan like, I want to accomplish this by the, in the next year and a half, two years, and then setting a goal, coming up with a plan, back testing that plan, and then deploying it and letting it work on your behalf all the time.

• 21:40Speaker 03

  And I think the key missing piece here is, is that with that all the time or 24/7 monitoring, there are volatility opportunities in the market that are too good to pass up as it pertains to getting people towards their goals. Like you've seen a Bitcoin move of 40 plus percent in a month or two month period of time. That is a massive deviation off the volume weighted average price. And those opportunities are typically where everyone chases the green candle versus taking a little profits off the table, making sure that, you know, assessing how much dry powder they have for subsequent trades.

• 22:20Speaker 03

  If the price drops and how, what that leveraged purchasing power would look like if it did drop, what the risk profile change looked like, you know, when, when Bitcoin was at 65,000 versus two, three weeks later, it's at 85,000. What, what has that changed from a risk perspective? And what's the more likely event that it draws down to 75? Or that it goes, continues to 95? What's, what's the probability factor that is between those two times? And I don't think most people approach the markets that way. And I think tools like this and what we're building at Arch Public are geared to do that, or they should be geared to do that.

• 22:59Speaker 02

  Well, it's an acting out of your will. And I, before I go further, I want to thank Tillman for talking about my, you know, what I used to be called in college, sexy on face value. But there, there, there is, uh, you, there has to be human input, right? So the idea is, you know, take an agent, go make money for me, don't make any mistakes. They're going to do things based on percentages, right? So the percentage that this will happen or that will happen. And on a long enough timeline, any percentage frankly is probably right, but probably wrong. So what happens if you just let it run loose and it ends up in a short position? But based on their data, I'm going to be right at some point.

• 23:39Speaker 02

  Meanwhile, you're losing enormous amounts of money that you can't personally stomach emotionally, right? So what we do at Arch Public is, well, there's a lot, we want to know what you want to get accomplished. And then we'll set our tools up with you to make that happen. So there are, are no surprises so that an agent isn't taking a short position and you don't know what's going to happen, but it's certain that in the future it's going to be right. Like that's disaster written all over it, right?

• 24:09Speaker 03

  Yeah, there were a few theses that we started out with, uh, the very beginning of this. And, and, uh, one of them was people want automated tools that they can control, that are user driven, that literally allow them to go, I want this to take place. They program it and they watch it take place and they go, yay, I did it. That is the premise of what we're trying to give people. And we're trying to give it to them as quickly as it becomes available through OF2 and API integrations. But it's a completely user driven experience. And, you know, what I would call it as close to as an operating system that allows somebody to then manage what used to be just code, right?

• 24:54Speaker 03

  In the old days of computer, when we were, you know, you, you were relegated to a lot of coding if you wanted to have a home computer. And then these things called the operating systems made pictures out of the code. And then it became more drag and drop and more intuitive for the user. Well, automation and AI and all of these things, no, no different than what I mentioned earlier with Grokbot. They've cartoonized, they've, they've characterized, um, something that it used to be just this long string of code that nobody knew how to interact with. And now, you know, you can just hook up a microphone to your computer and talk to it and it hits, spits out really intelligent things that you can then take in the entire, you know,

• 25:38Speaker 03

  field of evidence and the library of things that you're putting in your file to make decisions off of. But ultimately they're your decisions, they're your actions, um, and they're in your brokerage accounts. And that's another major point is like, I think when you're talking about a vertical integration on a lot of these exchanges, they're saying, hey, hook up these agentic tools that have no knowledge of the tools that are inside of the vertical integrated, you know, website. And then they're expected to adapt across a wide array of feature sets and different commission schedules and all these things that are, you know, it's just impossible. And so one of the things we really focused on is being integrated with as many platforms as possible

• 26:22Speaker 03

  so that you have the option to spread your capital out, control the capital in the way you want to move it in and out. And that's a risk, you know, adverse way to manage those trading activities. Um, and it also forces, you know, competitive nature. If you're a high net worth person, you get to kind of see the best and the worst of all the exchanges.

• 26:44Speaker 04

  One of the aspects that I, I keep coming back to is, you know, we've been building the Sylvia thing and, and people will tell me all the time, like my wife, it gets jealous. I spend too much time with her, right? It, it's almost, uh, in this very weird dynamic, um, there's the interpersonal component. But then also when people go and they'll take like information, they'll go talk to their CPA and they're like, oh, Sylvia told me. And they talk about it like it's a person. And so, um, I don't know, it, it is, uh, it is this very weird dynamic. And, you know, Alexa, I think that people do the same thing with an Alexa in their home. Um, I think that there is now these like, uh, kind of iRobot, you know, cleaning devices or, or, you know, whatever the, those things are called. I think people are starting to, you know, figure out, um, hey, the matic or, you know, whatever is, uh, has got a name.

• 27:27Speaker 03

  Got a gender, like she, she does this, you know, she does that.

• 27:30Speaker 04

  A hundred percent. Yeah. You know, what's interesting is, uh, I don't have any hard data on it, but anecdotally, I like asking people, what's the name of your agent?

• 27:39Speaker 03

  Yeah.

• 27:39Speaker 04

  And what I find is that a lot of men will name it a woman's name and a lot of women will name it a man's name.

• 27:48Speaker 03

  Yeah.

• 27:49Speaker 04

  I don't know why, I don't understand, you know, is there like science? Or is that just like a couple of my dumb friends that, you know, anecdotally have told me that? But it does feel like that there's something there about like, you are picking a name, you are giving it some sort of identity and you are communicating with it in a way that now it becomes part of your life. That should be great for products, right? Like that should mean that you're not going to churn out. You don't want to like fire your friend, you know, type activity. But I think it's just underexplored and frankly, we don't really understand, you know, some of the ramifications of this stuff yet.

• 28:20Speaker 03

  I think it's more akin to raising a kid from a, I mean, you're literally training it how, how to meet you where you want to be met on every front. That's why I was alluding to earlier, like it being, needing a dancing partner. It, it doesn't know how you want to dance until you start taking the lead and you start dancing with it. And then you guys can become professional dancers together. There is no cap of talent on that side of the equation. It can meet you as far as you can take it. But there is still, I think, a cap, like there is no doubt. I've seen some people, um, you know, even within our company, uh, some people are exceptionally proficient

• 29:03Speaker 03

  at training the, the AI agents. And, and you get, you know, very large leaps forward in productivity with very little, um, time training. And then there's some that it takes a little bit more effort because it's harder for them to articulate what they want out of it. And I think that's really the, the ultimate limiting factor. And it is weird, I do switch sexes when I refer to it. Sometimes I'll call it a she and sometimes I call it a he. Um, and, uh, but yeah, it's a, it's gonna, the lines are going to continue to be even more blurred when you've trained it for 10 years and it really is, uh, an extension of your will

• 29:47Speaker 03

  almost, you know, identically on, on a lot of different fronts. I mean, just think about as a travel agent, it knows your preferences down to a T. Like no, nobody can replace, you know, that, uh, as a human. And it's going to set some unrealistic standards, I will tell you.

• 30:06Speaker 02

  There it's interesting that one of Facebook's their fastest growing product right now is their AI agent Muse and USC. People are downloading that like crazy, like it's happening very, very fast. And it's the again, part of the reason why is there's a friendly interface, you know, there's a little puffy little guy. That's the the Muse sort of symbol and avatar. And, you know, regular folks are starting to get very, very comfortable with with doing this. Um, so not only having it on your devices, but I think yesterday Zuckerberg announced, uh, you know, just like a little, you know, a little

• 30:49Speaker 02

  circular deal that you either wear or keep you with you. That's your Muse, you know, AI buddy that you take around everywhere. So if you're disconnected from your phone or your computer at home or wherever you are, you've got this, this little Muse. Uh, you know, puffy, squishy dude that uh, is is is handling stuff for you. Um, again, it's, it's interesting to talk about from a concept, but when that concept turns into big time uses, big time downloads at the Facebook level, right? This is very different than I'm a developer at XYZ company and I've got a couple of machines that are running Claude and other stuff.

• 31:33Speaker 02

  We're now at the Facebook level where Facebook's millions of users are your run of the mill Tom, Dick and Harry type people. Middle America or middle wherever they live. Um, you know, posting about, you know, I don't like, you know, Sandy that lives down the street because the garage sale that she did. You know, was there were too many people there. That's the people on Facebook that are now getting comfortable with Muse as an agent inside of their life. So, um, happening again, very, very fast, very fast.

• 32:09Speaker 04

  Ninety nine percent of Warren Buffett's wealth was accumulated after his 50th birthday. The asset that made that possible was not in his portfolio, though. It was his health. The first rule of investing is you actually got to be around to compound. Investor Health is a platform that we recently created and I want you to go test it to tell us what you think. Investor Health is for people who take their body as seriously as their portfolio. Weight, metabolism, energy, longevity, GLP ones, NAD plus, B12, all prescribed by licensed clinicians. Here's how it works. You complete a short online form. A board certified clinician reviews it and decides what's right for you. Your medication is compounded and shipped to your door and most patients in 48 to 72 hours receive it.

• 32:54Speaker 04

  No office visits, no referrals, no waiting rooms. Programs start at a hundred and forty nine dollars a month. It's about five dollars a day and it's HSA and FSA eligible. No contracts, cancel any time, and it's available in all 50 states. Go to investorhealth.com to learn more and go long on life. You gotta be around to compound. Investorhealth.com. Investor Health is a telehealth platform, not a medical provider. Medical services are provided by affiliated licensed clinicians. Compounded medications are not FDA approved. Individual results may vary and treatment requires evaluation by a licensed provider. Terms and conditions apply. See investorhealth.com.

• 33:38Speaker 04

  Let's talk a little bit about, um, you guys are, uh, building an entire system that should be automatically executing these strategies for people. And I think that, you know, if you go and search on X, I think there's a lot of folks who are very happy with the system that you guys have built. If you look at the macro environment, every single thing is pretty much telling people that Bitcoin should be lower. Oil is at a hundred bucks, 10 years at, you know, five plus percent. They just hiked interest rates. I mean, you just go on and on and on and on. Pretty much the only things that are working in Bitcoin's favor is like the total adjustable market is expanding because of the rise of AI and AI agents. And the government is idiotically just printing as much money as they possibly can, regardless of whether Republicans or Democrats are in charge.

• 34:19Speaker 02

  Sure.

• 34:21Speaker 04

  How do you square those two things? Like all of the, you know, more shorter term, you know, kind of, uh, more sensitive type things like interest rates or, uh, oil price, you know, five, uh, 10 year, uh, yields. They're all negative. There, there's supposed to be a headwind, but it doesn't seem like Bitcoin really cares. Kind of like the, the honey badger of financial markets right now.

• 34:38Speaker 03

  Well, Andrew can speak to the ETF thing a lot more intelligently than I can. But I will tell you from my vantage point, um, we used to, the, the strongest power law that I had ever seen uh, correlated to the price of Bitcoin's movement was the number of wallets that had been created. The number of wallets on every metric, whether it was wallets holding points, one Bitcoin, wallets holding one Bitcoin, wallets holding 10 Bitcoin. If you saw an increase and we have over the last 17 years of its history, we've seen a continued increase in adoption.

• 35:15Speaker 03

  I think that the ETF purchases are the new adoption curve that, uh, should be really paid attention to. And I think the buyers from a demographic perspective have completely changed. And I think that the buyers now of the ETFs are, are looking at adding a little bit exposure as a wrapper to their overall strategy. Versus betting the farm and living by a river in a van. And I think that that's really the evolution of markets. It's a mature market now. It's driven by Wall Street. Whether you like it or not, I bet options exist.

• 35:54Speaker 03

  And when price moves rapidly and there's volatility that exists, people want to bet on that volatility. And that keeps price, um, somewhat range bound and somewhat played, um, differently than it's ever been. And I think there's a new sheriff in town. Like you see the evolution of Bitcoin. The very beginning, it was miners that controlled the price a hundred percent. And then you saw like exchanges be able to control the price and adoption of listing certain assets and not listing other assets. And then now I think ETFs are really in Wall Street and those mechanisms that allow big, big money that have lots of dry powder in the background

• 36:37Speaker 03

  to use leverage to make money on the volatility of the price movement.

• 36:41Speaker 02

  Yeah, pump to your point about, you know, this, this and this are going on, which means generally speaking, you know, how is Bitcoin holding up? Um, you know, kind of the headline is markets are endlessly dynamic. They are endlessly dynamic. There, there, it, there never is an if, then, then that. That is 100% proof. It, it just doesn't exist in markets. It's also the reason why the whole idea of, hey, Claude, go make me money and don't make any mistakes is just simply not possible. Because again, markets are exceptionally dynamic. Um, so when it comes to what's going on with Bitcoin, again, you're seeing allocations being made that are different than allocations that were made, you know, two years ago.

• 37:26Speaker 02

  Two years ago, there was no institutional opportunity to get access to Bitcoin via ETFs. And you saw a huge influx into BlackRock's IBIT product. Um, the, the, the reality is demand filtered down to retail. Or else Morgan Stanley doesn't start a spot Bitcoin ETF. Morgan Stanley is not an ETF company at all. They're a wealth management business that manages Mr. Smith's $7 million portfolio in Columbus, Ohio. That's what they do. They're not an ETF company, but the demand was so significant that they said, we have to do this

• 38:07Speaker 02

  or else they'll just keep putting money into other people's funds and they'll make the money. Let's make the money. And you're seeing an acceleration, uh, of that particular product in real time. Um, right now with Bitcoin, where people are making, it's September, right? Either end of Q3 or going into Q4, kind of making our end of year allocations and adjustments after the summer and, and nine months of the year has happened. Well, where are we at? What should we do? What adjustments should be made? The top, the highest number of Bitcoin inflows into that Morgan Stanley product in the first six months of its existence was only 30 million bucks in, in, on a one day basis.

• 38:46Speaker 02

  Well, on Monday, it doubled to 60 million and then on Tuesday, it tripled to 90 million. Now, again, those aren't massive numbers in the aggregate, but those are meaningful, you know, steps up in capital that's being allocated to Bitcoin as an asset and as an asset class. And so we should pay attention to that. No different than when information about inflation comes out and there's a top line number that everybody in the media wants to scream about. Everybody has an opinion about rates. You gotta go into the numbers. You gotta get it, you know, open the folder and say, okay, there's the headline number, but what about this, this and this?

• 39:27Speaker 02

  And this, this is interesting and we should probably be paying attention to this because this isn't as hot. This seems to be cooling a little bit. No different with Bitcoin ETF inflows. Um, whenever you have muted BlackRock, but increased Bitwise, Morgan Stanley and Fidelity.

• 39:45Speaker 02

  That is, that is pure retail demand. BlackRock's Bitcoin ETF product will always be inflated because it's also attached to the options associated with IBIT. So, big institutions, hedge funds, money managers that are managing money that is supposed to be, you know, somewhat not correlated to, to just regular market returns, they're playing the volatility of Bitcoin with both the spot price and the option, the options that exist there. So, that's going to do some funny things. But fidelity, Bitwise and Morgan Stanley is pure retail demand.

• 40:26Speaker 03

  Well, correct me if I'm wrong, I think the more impressive number to even that Morgan Stanley is that they've not had one day of outflows.

• 40:34Speaker 02

  Yeah, there's been zero days of outflows in six months.

• 40:37Speaker 04

  Don't tell the bears, don't tell the bears.

• 40:39Speaker 02

  Since the inception of that product. Right, so again, that's a, you know, whether it's a put underneath the price of Bitcoin,

• 40:49Speaker 02

  you know, we'll see, we've seen a little bit of a pullback from 87 and change down to where we're sitting right now, maybe 83 or so.

• 41:00Speaker 02

  But it's, it's, uh, yeah. I also think from a Bitcoin standpoint, we're not going to have a 200-plus percent year anytime in the next three years. We may have a 40% or a 50% year, but going back to the structures now associated with Wall Street Bitcoin as a preferred asset on Wall Street, something that's accepted, you now again have IBIT and you have IBIT options. So, there's a level of control, those options are going to put a little bit of a cap on the pace and speed at which Bitcoin can move. Again, we've got a, we've got a 40% move off the bottom, but that's just off the bottom. You know, do we go from here to 175? You know, about a 1% chance that happens.

• 41:45Speaker 02

  Because again, there are, there are machines at work, you know, in quotes, that now there's a different structure and a different architecture associated with the moves associated with Bitcoin.

• 42:00Speaker 02

  But again, you know, to your point, we probably should be lower, based on all the headlines and what we think usually has to do with Bitcoin price. Markets are dynamic, Bitcoin markets are dynamic, so never get bored. Same thing with, with traditional markets, though. I mean, traditional markets are barely off the highs and, you know, you would think, based on headlines, you know, the streets are on fire, right? You know, 5-plus percent, you know, 10-year Treasury, everybody, you know, we're selling everything or moving into cardboard boxes on the street. No, not what happened, that's not what happened at all, right? So, you know, strip away the politics, strip away the commentary, markets go higher and

• 42:45Speaker 02

  generally it's because all those people at Morgan Stanley that we're talking about the Bitcoin ETF about, anytime they see a 1, 2, 3, or 4% dip, their advisor calls them and says, dips are for buying, put more money in. You know that stuff that's in your money market account? Let's put more of it into the assets that matter to you. That happens over and over and over and over and over.

• 43:07Speaker 03

  Well, every paycheck, 401K contributions are buying. I mean, it's, it's, it's part of, it's vertically integrated into our financial system and into our economy, and I think that's only getting more and more, and I think that's the reason why the adoption curve is going to be.

• 43:21Speaker 02

  That dynamic even works for like SpaceX. So, a decade ago, SpaceX would have gone public and then they had the unlock for all the people that got allocation, SpaceX would be $60 right now. But there's a different dynamic in the way that people think about markets and what they want to be allocated to. Anytime there's a dip, they put more money in. That's what's happening with SpaceX. Why hasn't SpaceX gone to $80 or $70 or $60? In the same way that Facebook did, or Tesla did, or whatever, you know, insert, you know, a, a fast-growing company from 10 to 15 years ago, because market dynamics have changed.

• 44:02Speaker 02

  Everybody that owns SpaceX at Morgan Stanley, Merrill Lynch, UBS, and Wells Fargo, anytime there's a 10 or 15% move over a period of days, put more money in, put more money in, it's Elon, he, he always wins, put more money in, put more money in. And so, again, that has happened across people's preferred assets again and again and again, and it will continue to happen, and what keeps markets lifted.

• 44:27Speaker 03

  Well, speaking of Elon winning, I mean, he's doing things that people are not taking notice of and that are world-changing. I mean, this Grockbot, I didn't even hear about it until I did hear about it, and then it was like the best thing on the street. Well, he's also done X Money, have you guys seen this X Money that he's launched? He's offering 6% interest rates debit card made out of titanium, like he's taking, and I just think it's going to be really, really interesting when he ties a blockchain into X and you basically have a peer-to-peer payment system that's world, that's global. And it would be the first of its kind, it would be the, and you know, how can you ignore

• 45:11Speaker 03

  the fact that now he's, you know, a depository? If, that has to be right on the horizon. Why would you ignore the potential there? It's too disruptive and too large. And I don't know, you know, he's probably doing it quietly because of what the impact will be and who's on the other side of that impact, but it, it just seems like a foregone conclusion to me, based upon what, what he, what the moves on the board look like.

• 45:39Speaker 04

  I, um, I think that we're getting to watch some of the best in the world play the game, and it's awesome. It's like watching, you know, if Michael Jordan and Kobe Bryant could play each other in their primes, the debate would be settled. That's what we're watching right now. How do you not get just thrilled? Elon Musk, Mark Zuckerberg, right? All these guys, like, let them go, man, let them compete. And there's a prize, I mean, the prize is trillions of dollars.

• 46:06Speaker 03

  Yeah.

• 46:06Speaker 04

  And they're playing chess, they're talking shit a little bit, you know, they're launching, like, this is, this is the game, it's pretty cool to watch.

• 46:15Speaker 03

  It really is, yeah, it's revolutionary.

• 46:17Speaker 02

  Well, and we, and we benefit, you know, downstream, you know, at the end of the funnel, we, we uniquely benefit. And, you know, over the next five years, the biggest winners in, you know, growing businesses are going to learn how to use these tools and be able to make these tools easy to use for their end users, right? Like, you know, we've, we've got a big event in Tampa on October 15th, we've got, you know, 400 of our concierge clients are going to be there, it's a concierge-only event, but we're going to be announcing our Arch AI product, which is just local to our setups, our strategies, our tools. So, if you want to ask it questions, it's going to spit you out answers, and here's a, here's an easy example of that.

• 46:59Speaker 02

  So, I've got a, of our bigger customers in my email saying, hey, you sent me these setups that we talked about, what are the intervals on these setups, right? I didn't want to answer that question, and Ryan had a bunch to do from a service standpoint, so, so it, it took this guy about 12 hours to get back to us on what are the intervals of this stuff? Well, when we launch Arch AI, he's going to ask it, and it's going to send it back to him in about 15 seconds. Here are the, here, you know, he'll just take screenshots, boom, boom, boom, and here are the intervals, here are the intervals to these setups, right? Simple, easy to use, couple clicks and you're getting information and you're making decisions

• 47:39Speaker 02

  based on what is the entire ecosystem of, of the tools and strategies at, at Arch Public.

• 47:46Speaker 04

  I love it, where can we send people to, to learn more about what you guys are building?

• 47:50Speaker 03

  ArchPublic.com.

• 47:51Speaker 02

  Yeah, ArchPublic.com.

• 47:53Speaker 04

  Very creative, very creative URL there, guys. You guys should win a marketing award.

• 47:59Speaker 02

  By the way, we, just a huge change to our website about two weeks ago, big updates across the board, as Tillman described, you know, the ability to really drag and drop strategies and setups from our website, you know, you, you, you flip on your account via OAuth, you input and you're connected, you drag and drop three or four strategies and boom, you're taking trades in minutes.

• 48:26Speaker 03

  Well, I think that's kind of what, you know, has been the holy grail of what I've wanted to bring to market. You know, the very beginning of the company, we were having to ship laptops to customers that had been programmed, and, you know, the user experience has been nothing short of friction, full of friction, very difficult. And I think this is the first time that I can say with absolute confidence that, like, if you've never seen trading automation before, that's user-driven, that you control, that you manage your funds and your own brokerage accounts, if you come to ArchPublic.com, you

• 49:08Speaker 03

  can be set up in five minutes and running if you have a Gemini, a Tasty Trade, or a Coinbase account. So, you know, come see what it's about, and I can assure you, it's something that you've never seen before, and it's going to open up your eyes to what the possibilities are as it pertains to monitoring markets, taking advantage of opportunities, and in the most simple way I could, you know, kind of tell people, and this is kind of a very rudimentary example, but, you know, if you're a dollar-cost-averager, for example, and you just believe in the solid, let me just DCA in, well, Tuesday at 9:00 AM is when you're available, or maybe you set up some, you know, limit orders at specific prices, but are you available when

• 49:52Speaker 03

  the market presents really good juicy buying and selling opportunities? Well, that takes monitoring, and so, what's better than Tuesday at 9:00 AM to DCA that week is monitoring for the lowest volatility point that you can monitor and react to in that given week, and then having something respond for you. And so, it can just help you accomplish what you're trying to do, but do it in a way that's not limited to what your availability is and what your emotional capacity is.

• 50:23Speaker 04

  Makes, makes complete sense to me. I appreciate both of you guys, I always enjoy talking to you, I learn something new. A little token research while we were on here, all three of us walk away a little bit smarter.

• 50:33Speaker 03

  Love it.

• 50:33Speaker 04

  You said that you guys redid your website, I thought you were going to put your two beautiful faces on the cover and conversions would go up. See you guys next, see you guys next time.

• 50:43Speaker 02

  See you, man, you got it.