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Tom Lee admitted that he thinks Ethereum will grow 100 times, and that is why BMR should also grow 100 times. Okay, we'll talk about why he thinks that. In this video, we will also discuss some questionable theories regarding its price targets and much more. So let's dive in. Welcome to a new video.
If you don't know who I am, my name is Danny and I've been trying to tell you on YouTube for almost 8 years now what stocks I buy and hold for the long term, right? And that included Tesla at $23, Palanteeria, Robin Hood, and Nvidia at a very early stage. That's why my subscribers even bought houses in apartments.
Now, in addition to the long-term options that you can get here for free, we also have a special and never-before- made page, extentrading.com. This is our own company that essentially allows you to trade exactly like professional day traders. How it works is very interesting because we have developed our own software which we call autopilot and then our day trading professionals can send you trades directly into your portfolio.
You just don't have to do anything. You turn it on, and let the professionals execute their trades, buy, sell, everything is done for you. If this interests you, be sure to schedule a call as we are raising our entry fee. We want to generate about 2700% profit over the next 12 months according to our new system that we just launched.
So make sure if you have $10,000 or more, schedule a call on Xand day trading and become a part of our group. Now let's talk about Tom Lee. Tom Lee came out a long time ago with a message from the president. Okay, so he talked a little bit about the perspective: what was done or what experience he had, and what is a rather interesting hypothesis he has for the long term , right?
So, he comes out and says something like, “Hey guys, I think Ethereum is going to have a 100x, and it’s somehow related to tokenization, security, with artificial intelligence and all that .” Let's dig deeper. Second, agent-based AI is becoming an important story. Now you may ask, how can this even be cryptohistory?
Let me explain. I think in the next few years there will be something that people will talk about called the "uncanny valley of riches." And let me explain. Japanese roboticist Masahiro Mori published an essay called "The Uncanny Valley" in 1970. He was referring to the hypothesis that you feel anxious when a robot looks too human.
Okay, I think this will happen in the agent world. And what do I mean by that ? Well, consider that the x-axis is the percentage of wealth created by AI, and the y-axis is your satisfaction with AI. AI today can perform complex reasoning, multitasking, and agent-based trading. Overall, this is good progress and we are pleased.
It actually helps us live, and it may start to have a machine economy, and it may grow in share of income, but we will still be satisfied because we are making more money. But at some point, AI may become richer than us. Yes, I'm saying that there may come a date in the future, and it may not be far off, when your agent will be earning more income than you personally.
I think at this point you're wondering if you're working on AI. Let me explain, okay? And I think that will make you fear the future. What can this AI do? Well, in the future, if you give too much authority and delegate too much power, they may send unauthorized emails. They can seize our bank accounts.
They can take over our social media. They can seize our assets. They can even lead to our dismissal from work. And maybe they will create their own banking system. In fact, Stanford graduates were walking out of their graduation ceremony when the Google CEO took the stage. And there are already hundreds of thousands of members of anti-AI groups, including a group called the Zizians, which has actually already killed people.
Does this remind you of The Terminator, Sarah Connor, and Skynet? Well, this movie is 40 years old. And we already know that non-humans make up the majority in multi-market trading, web traffic , and emails. You can see that non-humans are increasing the share of all content created. And that's why Marc Andre from A16Z said that the big merger is AI and cryptocurrencies.
AI agents will need money. And that's why we argue that blockchain is a barrier between humans and AI, because, first of all, if it's not blockchain, I don't think we're going to trust governments. We will not trust financial institutions . And we won't trust the tech companies because they all thought all three could be taken over by AI.
I think it's a smart contract blockchain. And if that's the case , then we'll be happy when AI can generate a lot of revenue, because humanity will ultimately win. The third driver of ETH 2.0 is that ETH will become a settlement level for finance. We have already seen many Ethereum splits from the foundation, ETH Labs, institutional Ethereum, ETH systems that drive this future.
And finally, I think we will conclude that ETH is money, because if you are going to hold it for transaction fees and as working capital, that is what makes ETH money. Yes, and I want to jump to this point because you might be skeptical about this future regarding the role of cryptocurrency, but let me show you a snippet.
This has been going on since 1995. Bill Gates talks to David Letterman about the internet, but you have to listen to it. This is about a minute about it. What about this internet? Do you know anything about this? Of course. What the hell is this ? Well, it has become a place where people post information.
So everyone can have their own homepage. There are companies there, the latest information. It's incredible what's happening. You can send people emails. Uh, this is some kind of new thing. Yes. But you know, uh, it's easy to criticize something you don't fully understand, and that's my position. Boldly.
But I remember a few months ago there was kind of a big breakthrough in the announcement that on the Internet or on some computer deal they were going to broadcast a baseball game. You will be able to listen to the baseball game on your computer. And I just thought: does the radio sound familiar? Do you understand what I mean?
I just...There's a difference. There is a difference. It's not a huge difference. What 's the difference? But you can...you can listen to a baseball game whenever you want. Good. Also. Oh, I understand. So, it's stored in one of your memory agreements, and you can come back in a year. Yes. Yes. Do tape recorders sound familiar?
Um, I just ...I just don't know how... what, what you can... 95...in the early stages of the internet, people were skeptical, and I think people will be skeptical about the future where you need cryptocurrency to protect against AI, and ETH is money because it's the future of payment rails. But just follow me in this future.
How much is Ethereum worth? If it's worth 1,800 today, is it worth 25,000, 75,000, or even more? Well, Joe Luben, one of the co-founders of Ethereum , believes that Ethereum will grow 100 times when this future arrives. It's 250,000. And Etherealiz published a big article earlier this year about the path to 250,000, but they believe they view Ethereum as productive money.
Where will I land? I do n't know. But let's say it's 2.0...like Amazon, Nvidia and JP Morgan, radical growth from here. So, uh, but again , 1,800,250,000–that's about 100 times more. As you can see, AI is , you know, good and bad for Bitm. Good. So let's dig a little deeper . On the one hand, we see that there is something like a fear of lost value from AI when money goes to AI, and on the other hand, maybe, you know, we have very, very good potential for BitMin and Ethereum, because AI has to use a very secure payment network.
And there is also the fear that AI could take over all the work and make transactions on our behalf. And it's not fragile, is it? Or, or, or, you know, fraud, even doing something in our name, right? So Tom Lee says there is only one way that blockchain and Ethereum as the largest smart contract platform and technology you know of will be used for this very purpose .
And he says that because of this, and he said he compared it to different booms, right? NFT boom, ICO boom, crypto boom after co-op boom, right? So, as you can see, there have always been a lot of interesting things happening with Ethereum in the past that have led to Ethereum growing 5x, 3x, 10x, right?
And that's why he believes the next big wave with artificial intelligence will grow even 100 times. Okay, that doesn't mean BMR will increase 100 times , which would equate to a $1 stock price of, you know, $600. He even believes that it can grow much more. How much longer? Well, you need to check out my second channel because I have four of them.
Subscribe to all. And also follow my partner Mikaela, who owns four more channels. He talks about himself, Sophie, and Iron, if you're interested. And be sure to visit xandday.com, .
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