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My name is Ben.
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Today's Sunday drive to you brought--
Today's Sunday drive, excuse me, brought to you by Lamborghini.
And unfortunately we are not on the way to church this morning.
We are on the way to the Falcons game, heading there from South Carolina.
I had a great weekend. I've talked about it all weekend,
so I'm not going to rehash it, but fun stuff.
Now, I want to talk to you today about why they are lying to you about Cardano.
We're seeing a lot of bearish stuff out there about Cardano.
We saw all bullish stuff leading to the smart contracts launch.
Now, what they're saying is,
"Smart contracts have launched.
No one is using them!
No one is building on Cardano!
There's no dApps.
There's no game.
There's no DeFi."
Blah, blah, blah, blah, blah.
This is going to be a narrative that you continue to hear for many months to come
even when the ecosystem is filled up.
Now, why?
Well, if we look back to Ethereum when Ethereum launched smart contracts,
really the first usage of their smart contracts in the beginning
were for launching other tokens on Ethereum.
Down the road,
we started getting dApps and games,
which eventually led us to DeFi and NFTs,
and now no one can deny the size of the Ethereum ecosystem.
Well, with Cardano,
we heard for years,
"They're not ever going to build anything!"
Blah, blah, blah, blah, blah, blah, blah.
Right?
Well, now, they fulfilled all the major milestones on the roadmap
that it brought us to now where the ecosystem can actually be full
and things can be created on Cardano,
so now the FUD has changed.
Now, it's "Oh, they're not building fast enough!"
"Not enough stuff is getting built!"
Remember how they move the goalposts.
At first, it was "Nothing is being built."
Now, it's "Oh, there's not a lot being built," or "It's too slow."
They just continue to move the goalposts when it comes to Cardano.
I believe Crypto Jebb says he believes the price of Cardano is actually going to be $4
by the end of October,
so we'll have to see what happens.
We'll have to see which one gets to $4 first,
XRP or Cardano.
It'll be an interesting race to watch.
I do believe we're about to see a lot of price action for Cardano
coming very, very, very soon as we head into traffic.
What-- what is--?
What is this here?
- What is this traffic? - Oh, boy.
Oh, boy. Oh, boy.
We're going to be late for kickoff.
Not really. We're going to be there on time.
But, guys, this is the thing about Cardano,
is it is going to be one of the biggest players in the smart contract space.
What you're seeing is a lot of FUD coming from fans of other projects,
both of Ethereum, which we love Ethereum, right?
But they're trying to FUD Cardano because they don't want it
to make up ground against Ethereum.
You're seeing other projects,
other communities push out this FUD as well.
Why?
They don't want Cardano to--
It already has a headstart.
It's already the No. 3 overall project.
And so they're lying to you.
They're FUDing the project.
Well, here's some big news.
There is now going to be a Cardano stablecoin backed by gold launched on the platform.
This is put together by DeFi platform MELD and Tingo,
which is actually the largest mobile provider in Africa, believe it or not.
Now, here's something else interesting about that,
is that we're seeing mobile providers start playing a role in Cardano.
We already saw the partnership with Boost Mobile that was launched--
or that was announced during the Cardano conference a couple weeks ago.
Now, this is big for Cardano.
Now, what is this connectivity going to be used for?
I'm sure there's digital identification verification coming through Cardano and mobile providers,
which can be some interesting stuff.
I've always said I think eventually our identities will be locked to our phones,
so that's going to be really, really interesting.
It can keep underage kids from getting into websites they shouldn't be able to get into
or going places on the internet they shouldn't be, you know, have no business on.
I think that could be something a use case that we could be seeing with Cardano
and these mobile providers in the future,
but this also gives us a blueprint.
A gold-backed stablecoin.
Now, there are some already.
You have PAX. You have Tether Gold.
You have Bitcoin Gold.
That may not be a gold-backed stablecoin actually.
But we're starting to see these gold stablecoins come out.
This can provide us a roadmap for the future of crypto.
I've always said I do not believe that Bitcoin will be the world reserve currency.
Or maybe in the beginning when I was getting into crypto,
I might have said that, but over the last few years,
I changed that narrative.
But we could possibly see stablecoins backed by Bitcoin becoming the reserve currency.
So, this could be a roadmap for the future of crypto
and how it plays in to the world economy.
So we'll have to continue to monitor this and see how it works,
but, guys, you think MELD and Tingo, the largest provider of mobility in Africa,
you think they're betting on a loser?
You think Boost Mobile's betting on a loser?
Absolutely not.
Cardano is going to be huge.
Don't listen to the FUD.
They're lying to you about Cardano.
Let's check out the price action and see what happens this month.
Very excited to see what's going to happen in Rocktober.
Alright, guys. Drop your comments down below.
Let me know what you think about this big Cardano news
and all the Cardano FUD.
Drop those comments down below.
That's all I got.
Be blessed.
BitBoy out.