XRP She Said Too Much They Didn't Want You To hear All Of This !

Summary

The video discusses the potential impact of blockchain technology on financial markets, with a focus on the tokenization of commodities, stocks, and real estate. The speaker highlights a survey indicating that 42% of market participants believe blockchain could become the dominant market infrastructure, while 56% think it could perform the functions of a central securities depository. The discussion also touches on regulatory clarity, the role of private sector in DLT, and the possibility of a digital revolution in finance, suggesting a future where blockchain might transform or replace traditional financial systems.

Takeaways

• 📈 The speaker emphasizes the potential of tokenization of commodities, stocks, and bonds, suggesting a significant shift in financial markets due to blockchain technology.
• 🚧 There are regulatory hurdles to overcome before public stock tokenization becomes feasible, indicating a slower adoption in certain sectors.
• 🏦 The speaker highlights the interest of major financial institutions in blockchain, with 42% of surveyed participants agreeing that blockchain will become the dominant infrastructure for financial markets.
• 🌐 The journey to tokenization may be longer for real estate and private credit due to complex legal frameworks, suggesting a staggered adoption timeline.
• 📉 A 56% majority believe that blockchain could perform the functions of a central securities depository, which is a significant endorsement from within the financial industry.
• 🔄 The speaker discusses the push for regulatory clarity and synchronicity in global legalities, which is necessary for the widespread adoption of blockchain in finance.
• 💡 There's an emphasis on the importance of interoperability in the new financial system, suggesting that fragmentation could be a challenge that certain technologies, like XRP, are poised to solve.
• 💰 The potential for blockchain to transform or replace the role of central securities depositories is a topic of consideration among financial institutions, pointing to a possible existential shift in the industry.
• 📉 The speaker suggests that the rate cuts by the Fed could trigger a brief market rally but also reveals deeper issues in the Global Financial system, hinting at potential future market volatility.
• 🌐 The video script points to a broader global economic slowdown and geopolitical complexities affecting investor sentiment, indicating a cautious outlook for the crypto market.

Q & A

What is the main topic discussed in the video at the 45-minute and 49-second mark?

The main topic discussed is the tokenization of commodities and the potential impact of blockchain technology on financial markets.

What does the speaker mention about the regulatory hurdles for tokenizing public stock?

The speaker mentions that the regulatory hurdles for tokenizing public stock are extensive, which is why the opinion for public stock is much lower at 35%.

How does the speaker describe the journey to tokenization for real estate and private credit?

The speaker indicates that the journey to tokenization for real estate and private credit may take even longer due to their more complex legal frameworks.

What percentage of survey respondents in the video believe that blockchain will become the dominant form of infrastructure for financial markets?

42% of survey respondents agree that blockchain will become the dominant form of infrastructure for financial markets.

What does the speaker suggest about the current push for clarity on regulations and legalities in the blockchain space?

The speaker suggests that there is a current rush to straighten out regulations and legalities, with industry powers demanding clarity from entities like the SEC.

What does the speaker hint at regarding the future of central securities depositories (CSDs) in relation to blockchain?

The speaker hints that there is a possibility that blockchain could replace or transform the role of CSDs, with a significant portion of surveyed financial institutions believing in this potential.

What percentage of respondents in the survey are uncertain about blockchain becoming the dominant force in financial markets?

42% of respondents are uncertain about blockchain becoming the dominant force in financial markets.

How does the speaker view the current state of the global financial system in relation to the new financial technologies?

The speaker views the current state of the global financial system as being in a transitional phase, with new financial technologies like DLT and blockchain potentially leading to a significant shift in how markets are structured.

What is the speaker's opinion on the role of private sector in the development of new financial technologies?

The speaker believes that the private sector is at the forefront of developing new financial technologies and is likely to play a significant role in shaping the future of financial systems.

What does the speaker suggest might happen to the prices of cryptocurrencies if financial institutions adopt blockchain technology on a large scale?

The speaker suggests that if financial institutions adopt blockchain technology on a large scale, it could lead to a massive increase in the value of cryptocurrencies, potentially causing a 'massive explosion' in their prices.

Outlines

00:00

📈 Tokenization of Assets and Market Infrastructure

This paragraph discusses the tokenization of commodities and its impact on the market. The speaker emphasizes the significance of blockchain technology in real-world asset tokenization and its potential to disrupt traditional financial markets. They highlight the regulatory challenges and the varying legal frameworks for different asset classes like public stock, real estate, and private credit. The speaker also touches on the global synchronization of regulations and the rush to clarify these for digital assets. The discussion suggests that blockchain could become a dominant force in market infrastructure, with 42% of surveyed market participants agreeing on its potential dominance.

05:00

📊 Market Perception on Blockchain's Dominance

The speaker delves into the market's perception of blockchain technology, focusing on a survey that shows 42% of respondents are uncertain about blockchain's future dominance. They discuss the fragmentation in the market and the need for interoperability, which is seen as crucial for the integration of blockchain into financial systems. The paragraph also covers the potential for Distributed Ledger Technology (DLT) to perform the functions of a Central Securities Depository (CSD), with 56% of respondents believing in this capability. The speaker concludes by emphasizing the importance of the private sector's role in leading the new financial system.

10:01

🔍 The Role of DLT in Central Securities Depositories

This section explores the possibility of DLT transforming or even replacing the role of Central Securities Depositories (CSDs). The speaker points out that 52-56% of financial institutions surveyed believe that blockchain could take over the functions of CSDs, which are currently responsible for regulatory certainty, compliance reporting, and asset servicing. The discussion raises existential questions about the future of CSDs in the face of DLT's potential to redesign their infrastructure and operations, suggesting a shift from centralized ledgers to interfacing with blockchain technology.

15:02

🌐 The Future of Financial Systems and Cryptocurrency

The speaker speculates on the future of the financial system, suggesting that it may evolve into a conglomeration of interconnected networks where traditional and new financial systems coexist. They discuss the potential for cryptocurrencies, particularly utility coins and bank coins, to play a significant role in this new system. The paragraph also touches on the possibility of using Bitcoin and meme coins as distractions while bank coins gain traction. The speaker concludes by highlighting the importance of being vigilant and prepared for market fluctuations and economic uncertainties.

20:03

💹 Bitcoin's Reaction to Fed's Rate Cuts

In this paragraph, the focus shifts to Bitcoin's response to the Federal Reserve's rate cuts. The speaker discusses the short-term boost that the cuts provided to the crypto market, with Bitcoin trading near $62,000. They also mention the broader economic slowdown and geopolitical complexities that are affecting investor sentiment. The speaker includes insights from industry experts who suggest that while the rate cuts might trigger a brief market rally, they also reveal deeper issues within the global financial system, potentially leading to more depressed prices in the long run.

25:05

📉 Market Rally and Global Financial System Issues

The final paragraph discusses the temporary market rally triggered by the Fed's 50 basis point rate cut and the subsequent revelation of deeper issues within the global financial system. The speaker cites expert opinions suggesting that the rate cut was necessary for political reasons and to maintain the appearance of stability. However, it is argued that this move could lead to more significant long-term challenges, as it might not address the fundamental economic uncertainties. The speaker concludes by urging viewers to consider the information provided and to act accordingly, hinting at the potential for both opportunity and risk in the current market conditions.

Keywords

💡Tokenization

Tokenization refers to the process of representing real-world assets, such as commodities or stocks, as digital tokens on a blockchain. In the video, the concept is central to discussions about the future of financial markets, suggesting that tokenization could transform how assets are traded and owned. The script mentions 'tokenization of commodities' and 'tokenizing public stock,' indicating a belief in the potential for blockchain to revolutionize asset management.

💡Blockchain

Blockchain is a decentralized digital ledger technology that allows data to be stored across a network of computers in a secure and tamper-proof way. The video emphasizes blockchain's role in enabling tokenization and suggests that it could become the dominant infrastructure for financial markets. The script references a survey where 42% of respondents agreed that blockchain will become the dominant force, highlighting the technology's potential impact on the financial industry.

💡Regulatory Hurdles

Regulatory hurdles refer to the legal and regulatory challenges that must be overcome for new financial technologies to be adopted. In the context of the video, the speaker discusses the extensive regulatory hurdles that need to be addressed before tokenizing public stock becomes feasible. This indicates the complexity of integrating blockchain-based systems into existing financial regulations.

💡Real World Asset Tokenization (RWA)

Real World Asset Tokenization (RWA) is the process of converting tangible, real-world assets into digital tokens on a blockchain. The video suggests that RWA is a significant trend with the potential to involve trillions of dollars. The speaker mentions that major companies and central banks are at the forefront of RWA, indicating a belief in the transformative potential of this technology.

💡Interoperability

Interoperability refers to the ability of different systems or components to work together. In the video, the term is used to discuss the need for different blockchain systems to communicate and interact with each other, which is essential for the widespread adoption of blockchain technology in financial markets. The script mentions 'interoperability' in the context of the potential for certain blockchain systems to serve as connectors in a new financial network.

💡Central Securities Depository (CSD)

A Central Securities Depository is a financial institution that holds securities for investors, facilitating the trading and settlement of transactions. The video suggests that blockchain technology could potentially replace the functions of a CSD, which would be a significant shift in the financial industry. The script highlights a survey result where 56% of respondents believe that blockchain could perform the functions of a CSD.

💡Digital Asset Airdrops

Digital asset airdrops refer to the distribution of digital tokens or cryptocurrencies to existing holders of a particular cryptocurrency, usually without requiring any action on the part of the recipient. The video mentions that industry powers are demanding clarity from regulatory bodies like the SEC on digital asset airdrops, indicating a push for more defined rules around this practice.

💡Distributed Ledger Technology (DLT)

Distributed Ledger Technology is a type of database that is spread across multiple sites, countries, or institutions, and is typically used to record transactions, agreements, and asset ownership. In the video, DLT is discussed as a key technology that could change the structure of financial markets, with implications for how securities are issued, registered, and managed.

💡Market Participants

Market participants in the context of the video refer to individuals and institutions involved in financial markets, such as traders, investors, and financial institutions. The script surveys market participants to gauge their opinions on the potential impact of blockchain technology on financial markets, revealing a mix of optimism and uncertainty about the future of DLT in finance.

💡Pilot Regimes and Sandboxes

Pilot regimes and sandboxes are controlled environments set up by regulators to allow businesses to test new products or services under a relaxed regulatory environment. The video discusses how various pilot regimes and sandboxes are experimenting with blockchain technology, suggesting that as these experiments progress, the opinions of market participants may begin to shift regarding the role of DLT in finance.

💡Existential Question

An existential question, in the context of the video, refers to a fundamental issue that challenges the nature or the very existence of something. The script uses this term to discuss the potential for blockchain technology to fundamentally change the role of central securities depositories, posing a significant challenge to their current operating models.

Highlights

Tokenization of commodities and stocks is discussed, indicating a significant shift in financial markets.

Public stock tokenization faces regulatory hurdles, suggesting a slower adoption rate.

Real world asset tokenization is highlighted as a serious development in the blockchain space, involving trillions of dollars.

The journey to tokenization for real estate and private credit may take longer due to complex legal frameworks.

There's a global push for regulatory clarity on digital assets, indicating a need for synchronization in legal frameworks.

42% of market participants surveyed believe blockchain will become the dominant infrastructure for financial markets.

Major financial institutions are increasingly engaging with blockchain technology, suggesting a trend towards adoption.

The potential for blockchain to replace central securities depositories is raised, pointing to a significant shift in financial infrastructure.

56% of respondents believe blockchain could perform the functions of a central securities depository.

The discussion on the future of central securities depositories in the context of DLT raises existential questions about their role.

The possibility of DLT transforming the role of CSDs is considered, with a shift towards overseeing tokenized securities.

The video suggests that the new financial system will be a conglomeration of various technologies and networks.

The potential for bank coins to rise in value as the new financial system emerges is hinted at.

The video suggests that Bitcoin and meme coins might be used to distract from the rise of bank coins.

The video concludes with a discussion on Bitcoin's reaction to the Fed rate cut, indicating a potential short-term boost for crypto markets.

Transcripts

this woman right here told some of the

biggest truth you're you're going to

hear right now period in this video

we're going to start at 45 minutes and

49 seconds and right here she's starting

to talk about the tokenization of

Commodities that is not the important

part let that part let this play all the

way through all right let it play

through she's going to drop something

major on you let's start right here

let's get it going hopefully you you can

hear it opinion for public stock is much

lower at 35% as shown by the great

diamond do the due to the extensive

regulatory hurdles that need to be

overcome before tokenizing public stock

becomes feasible so right now she's

going over you know this is am fief by

the way told you we were going to get to

this video this is am fief she's talking

about how you know they're going to

tokenize bonds Commodities stocks all of

this is coming to what blockchain what's

that going to do to the price who's at

the Forefront of real world asset

tokenization I told you it serious when

it comes to rwa we're talking trillions

of dollars this is not the important

part we're going to get there don't

worry she's going to drop something

major on your head you're going to have

a whole lot of research to do after this

one let's go and hopefully like I said

hopefully you can hear it I turned it

all the way up but she sort of

whispering for the other assets real

estate and private credit they have much

more complex legal Frameworks so the

journey to tokenization may take even

longer so now she's also talking about

the time frames right and trying to

synchronize keep that in mind there's a

differentiation between local

regulations and and legalities and

Global synchronized legalities and

regulations she's talking about the

synchronicity across the globe which

obviously that could take a little bit

more time but what I want you to pay

attention to is everyone rushing to

straighten everything out right now when

it comes to regulations and

legalities just like with the whole uh

uh you know all of these uh industry

Powers coming together to ask the SEC

Hey listen we want clarity asked they're

demanding Clarity on what was it I have

the article somewhere here Clarity on

was uh certain assets or something like

that us lawmakers call for Clear SEC

rules on digital asset airdrops this is

just one thing that they're trying to

force Clarity on right now but why now

why not years before why didn't we have

all this motion before so rapidly we're

going to be getting more and more

clarity right so just keep that in mind

also let's go once again we're going to

get to the important part we didn't get

there yet right the impactful part I

promise you're going to like

it it is important to consider the

extent to which blockchain based

instruments might change how markets is

structured we surveyed Market

participants on how they feel about

these potential about these potential

changes we can see in this chart when

they when asked whether they think that

blockchain will become the dominant form

of in infrastructure for financial

markets 42% of survey respondents agree

what was that

again they contain they're they're not

the first we've heard other big

institutions survey their people the

same way and they also were saying they

believed remember we covered that

article recently a bunch of Industry big

wig said what they believed DT they

believe blockchain will become the

dominant the dominant Force around the

world what did she just

say now in their survey which is a much

small survey but it's on Thief so the

companies that they're talking to are

major companies 42% believe DT will be

the dominant the dominant Force around

the world wait you might say well what

about the rest there were there was a

small percentage that went against I

think it was like 15% went against uh

went against that idea 15% then the rest

of that percentage was like uh we don't

know what they're not going against it

guarantee listen look at what the bis is

pushing DLT IMF right now is on board

with what DLT European Central Bank is

on board with what DLT the Federal

Reserve is on board with what DLT most

of the central banks around the world

are working with what DLT the best

companies in the world right now are

what DT companies 100% that's a fact

that's a fact they've had they've

they've gotten the most work in right

like even AI companies right now they're

just now going through the regulatory

hurdles you see what's going on in

United States with certain states are

going against AI now so they're just now

about to walk through the fire right

because they fear AI of course the power

of AI but we've had years to build

infrastructure we've had years to make

deals we've gone very very far and not

only that now we're starting to

incorporate AI into the DT and

blockchain systems this is getting

bigger than people know faster than

people are ready for but wait we still

didn't get to the good part but she's

just laying it out look at this in just

a few seconds she's just dropping gems

let's keep going folks let her tell

she's going to tell a statement as shown

by the light blue bar whereas 15%

disagree here um 15% disagreed as seen

here the dark blue bar thus producing a

net of 27% of respondents as shown by

the

great there remains however 42% of

respondents who are uncertain that

blockchain will become the Dom 42% I

Told You So I remembered from watching

it earlier 42% uncertain they're going

to come over to this side that 15% is

going to come over also out of

necessity if you want to interact with

the new Financial system you're going to

have to connect to it 100% that's why

they're all going hardcore right now

pushing so hard oh and another thing at

the beginning of the video we're not

going to get to cover before we get to

the impactful part she's going to drop a

bomb here um they talked about

fragmentation guess what we're right

about fragmentation they're going to

need our interoperability very

interesting isn't it let's keep going

structure for fin for financial

markets when it comes to whether DL to

whether DT architecture can perform the

functions of a central Securities

depository a smaller share of what what

was that word she just

said a Central Security

depository wait wait wait wait

wait say it again let's see if if we can

play that again DT architecture can

perform the functions of a central

Securities depository whether DT

architecture can perform the functions

of a central Securities depository wait

one more time architecture can perform

the functions of a central Securities

depository well that was out of

nowhere a

Central Security depository keep going

talk to us smaller share of C

respondents think

so they did you just hear what she just

said

respondents think so at a at

56% 56% of them believe that blockchain

could how does she phrase it wait a

minute could perform the functions of a

central Securities depository otherwise

known as csds or

csds I want to ask you a question folks

globally totally

how much value do they move per year you

know where this is going don't you

trillions of dollars you can't get

around it it is the truth right now

we'll see what happens in the future I'm

not a I'm not a psychic I'm just going

by with the the information at hand they

moved trillions of dollars she just told

you 50% of these big financial

institutions that am Thief surveyed

believe that blockchain could replace

csds if that were to

happen what does it do to that price of

any of them that's involved any of

them ripples deep with them deep with

the bis deep with the

IMF deep with the bank of England do I

have to keep going Quant is deep with

all of them as well and on and on and on

we have these

connections which one which of them is

going to move some of this value and if

they move some of this value I'm asking

a question if they move some of this

value there's no way those prices stay

where they are they just don't let's

keep going she's now she's got to be

fired up talk to us come on let's go

whether DT architecture can perform the

functions of a central Securities

depository a smaller share of Cy

respondents think so at 56% 56% disagree

with the statement wait a

minute you hear that also this is how

certain the big companies

are she said 56% are 100% yes they're

sure

100% no one zero no one disagreed none

of them disagree that it could do it

they just didn't say 100% yes they

didn't they none none of them said no

what does that tell you about the

certainty of the future of these

Technologies who's at the Forefront

Christopher Waller said they on the

private sector the private sector is the

best bank for international settlement

said the private sector is the best

who's the leaders in the private sector

I mean the real private sector that's

not controlled by the

governments the governments you can't

the private sector where you can

actually tell and differentiate between

the government and them who's at the

Forefront of that the new Financial

system let's keep going wait a minute

let's see if there's

more this however means that a greater

proportion of survey respondents 64% of

them remain uncertain

as the various pilot regimes and S boxes

progress in their experiments now that

was a little bit the way she phrased

that let me read that to you from the

transcript so is there's no confusion

she sort of ran one idea into the other

it says here 6 64% of them are uncertain

as the various pilot regimes and

sandboxes progress uh it says in their

experiments such as the UK Financial

conduct authori digital security sandbox

and the European Union's blockchain

pilot uh uh reg pilot regime we may

begin to see more opinions of Market

participants beginning to

shift so you got to read it all the way

through shift the role of

DLT um CSD I'm gonna play it for you

let's play it let me go back just a

little bit bear with me because we're

we're we're uncovering something here

today csds look into it wait a minute

how much value they're movie wait a

minute let's push play blockchain pilot

pilot regime we may begin to see more

opinions of Market participants

beginning to

shift the role of DT in um csds raises a

more existential question into the

future into their future currently they

are responsible what does she mean by

that look how she did that she said the

role of DT um csds is it DT csds did you

just drop did you just say something you

weren't supposed to say I'm just asking

questions maybe I'm wrong but that's

what she said look at the transcript

folks she said DT csds what who's that

if that's if she got that correct or was

it DT um I made a mistake I mean csds

wait what but she's not questioning wait

it says beginning to shift the role of

see that's what I mean look at the

entire sentence participants beginning

to shift the role of DT um csds raises a

more existential question so it doesn't

look like that was a mistake DT

csds oh right right I know I know what

you're thinking right

the future is insane right now right

it's hard for some people to accept it

but this is what they're saying look

maybe it doesn't happen but this is what

the information this is where the

information is pointing us right let's

keep going let's keep

going oh I love I love being a

researcher I love being a detective let

it Play Let's Go Let Her cook

participant beginning to

shift the role of DLT in um csds raises

a more existential question into the

future into their future

currently they are responsible for

providing regulatory certainty

compliance reporting asset servicing

default management procedures and well

established links to corresponding

institutions in other

jurisdictions will DT infrastructure

replace

csds you heard that oh that is the

question a trillion doll question why

would they even ask it if we couldn't do

it you ask yourself that question why

would they even ask it this is a Fe are

the major Banks they're representative

of the major Banks why would they even

ask it if we couldn't do it 50 52 was it

52 or 56% of them believe yes we can do

it and she says she asked the question

will dlts transform the

role of csds wait a minute that means

we're extremely dominant wait a minute

that means we can move those trillions

in quadrillions in value right that

means they believe it they believe it

now about let's put put the regular

people to the side for a minute they're

letting you know they believe DLT who's

at the Forefront keep that in mind that

DLT could take over and could move those

trillions and quadrillions of

dollars you're getting it right from the

horse's mouth how can you debate with

this go analyze it yourself make up your

own minds not Financial advice but

that's what she just asked she would not

ask that if they couldn't and 52 to 56%

of those those big financial

institutions believe that we

could if that's not bullish I don't know

what is folks that's why it's important

to watch these bit videos all the way

through even though yes sure it might

put you to sleep a little bit boring but

that information soon they bury it

always they bury the important stuff in

the middle of these videos when it gets

deep this is almost like uh this is an

hour uh um hour 48 minute video

something like that let's keep going

let's keep going or will they redesign

their infrastructure to adopt new

technology

new she just literally told

people will the dlts now look how that

phrased she phrased that will the dlts

change the role of csds or will they the

csds continue to adopt DLT

technology remember all these years I've

been telling you they were they would

have to out of necessity congeal with

the new Financial system and now now

what she basically did was confirm that

my idea was correct I'm sure many other

people are know this as well but I just

speak for

myself that idea was correct and these

are the two dominant paths either we

dominate and take over completely and we

could I told you we don't need them they

need us look how they have to adapt our

Technologies we don't have to really uh

uh come into an accord with

them except I mean if you if you want to

consider their bully tactic through

their so-call regulations which are

completely corrupt and um out to out of

dat to to be quite honest um that's all

just manipulation you know if they

weren't evil entities who are

manipulating the entirety of their

systems then then we wouldn't even have

to come into an accord with them because

we haven't done anything wrong you get

that so putting that to the side we

could dominate without them but they

cannot survive without us

necessity right let's keep going let's

see if he she says some more oh man this

has been a very very informative uh I

hope you go watch this it's on 's

website if you were in the members only

section I put you on put you put you on

to this a couple days back let's keep

going some believe that DT will

transform the roles of csds where they

essentially remain as an important

intermediary but the operating model

will

transform you just I'mma Play It

Again talk to us intermediary but the

operating model will transform by

overseeing the issuance and registration

of tokenized Securities and integrating

blockchain technology to manage token

life cycle events and shift from

maintaining centralized Ledges to

interfacing with inter again with the

operating model will transform by

overseeing the issuance and registration

of tokenize Securities integrating

blockchain technology to manage token

life cycle events and shift from

maintaining Central now with that there

could be a mic drop right there with

that and their lack of

interoperability and all that value

possibly flowing through we who have the

connector piece who are the bridge um

through all of these various things like

I'm well Diversified you know I have xrp

aloran xlm Quant flare chain link Solana

you know and yeah sure I have

non-utility coins like Bitcoin as well I

have gold Commodities all that stuff

like that but with them that value

flowing through the interoperability the

connector the liquidity that we have and

true Global true Global reach true

Global interoperability this why you see

all the bank coins doing what now

they're starting to come together talk

with each other you think it doesn't go

deeper than the superficial things we've

seen recently of course it does this is

just what they show you the iceberg you

only see the tip of the iceberg the body

of it the greater portion of it is below

the waters we have we just haven't had

an opportunity to Peak below the waters

just yet but it goes deeper the new

Financial system when it's all said and

done will be some sort of conglomeration

some some giant Network and you won't be

able to tell one from the other but

those pieces those

rails right those rails oh the valuable

ride the rails of xrp remember all that

ver verbiage it'll ride the rails of

alaran and

Quant interesting isn't it what happens

if trillions of dollars flowing across

these things what happens if

quadrillions at some point flowing

across these things we've been right A

lot of times along the way we made a lot

of good calls if this happens there's no

way crypto across the board doesn't have

some sort of massive massive explosion

and I'm going to tell you what before we

get into an article or two we'll close

out with some Bitcoin right I feel like

this more xrp utility coin related

bankcoin related news

um but I feel as if they may use just my

humble humble opinion not Financial

advice and you maybe I'm

wrong I feel as if at some point they

will use things like Bitcoin and meme

coins to distract the people have them

looking this way and and those things

may

explode lifechanging I'm talking about

amounts of value possibly and they will

it looks like they're poised to explode

I'm just going to say Bitcoin let me put

meme coins to the side although I don't

they've been going off but Bitcoin

explodes everybody's looking at it maybe

ethereum explodes as well these Legacy

cryptos um the O The Originals they

explode everybody's looking that way

meanwhile over here the bank coins are

ready to take off right and then maybe

they do take off but when they do I

don't think most people will be in

position I don't I don't think so at all

I think they're going to do that when no

one expects it when they're fully

distracted and a lot of things can come

into to that because there's more see

we're looking at the new Financial

system and the Legacy system you know

collapsing in on itself where well well

it's really seems like a controlled

demolition but it's just one variable in

the world it looks like the entirety of

the world is getting a makeover that's

what it looks like to me like they're

bringing down the old system poking

holes in it there's like these holes I'm

seeing and every and everything um that

are being made right and I just don't

see how Society does not change because

of those when you weaken the foundation

of something um there must be a

necessary breakdown of that particular

thing like if I were to come and weaken

all the different structures at the base

of your house your house would

eventually fall um and then that would

be I mean you could look at it one way

negatively or you could look at it as a

way uh positively where now we can

rebuild something in that spot something

better we can build something better um

you know the good side thinks like that

as well as the bad like you you get what

I'm saying like don't think that the bad

side doesn't think like that you know

build and destroy they do they do

opposites are um this is the old ancient

saying opposites are the same they just

differ in degree think about that for a

minute right so they use similar

techniques just to to uh reach

different ends if for lack of a better

word all right so now I'm going to leave

that there we could go deeper into that

video but I don't want to do that the

entirety for this for this video once

again that's a Amie video is titled

digital assets

2024 and not only that I asked the

question days ago why is the cover

titled I want to tell you the title of

this before we get into the we're close

out with this bitcoin news but I want to

tell you this here um look what they

titled it it was something like the long

awaited digital

Revolution yeah look at the thumbnail it

says the long awaited digital Revolution

with a power fist on it that when you

title something like

that it's serious business long

awaited who's who who is it that was

waiting long for this they're not

talking this video wasn't for regular

people this V and they weren't talking

about regular people

they they were talking about the large

financial

institutions that's who this is for this

is who they

serve you can even see with the views

that only have 470 views people don't

know about this this is buried they

could easily promote this is am Thief

they have power they could easily

promote this everywhere and have this

video and you know put it put this in an

ad or something like that and have the

views go up or I don't know reach out to

the media and say hey P pump put this

video on your websites and they they

would do it they didn't only 470 people

saw this if this is not buried I don't

know what is this doesn't sound like

important information people should know

about well I'm putting it out there now

but now here let's close out with this

good folks that was a good article there

and because of that I'm going to have to

skip one two three four five five

articles I have to skip now that we

don't have time we're going to close out

with this a little bit of bitcoin news

all right so Bitcoin was looking good

all right obviously I the uh Fed rate

cut I believe is being received Well for

now for

now right we have to wait some wait a

week or two we'll start to see a little

bit more because there's going to be

reverberations in certain markets of

course when Fed rate Cuts goes up

certain yields uh typically I have to

check on those right now but certain

yields will go down so there could be a

little there could be something uh a new

variable we need to take into account

because of that new information but

Bitcoin is looking good this article was

titled Bitcoin broke

$62,000 after Fed rate Cuts here's what

Traders say will happen next oh is that

well this will be good I I want to I

want to hear what other people have to

say so it says here are 50 basis point

cut by the FED in the first Bitcoin uh

buy by a presidential candidate

who my you somebody people will let me

know people will let me know in the

comment section all right I can't keep

up with everything I have enough

detective work going on says kept

digital Assets in the green during the

East Asia trading day even though some

Market Watchers are skeptical if the

rally has any sort of

legs fed members xess why said I'm going

to watch we have to see there's a lot of

variables here now um but I felt like it

was going to be that initial pop and it

was there you have um fed members expect

median Benchmark rates to come down to

4.4% year end as reported reflecting

some 50 basis point uh for cuts in the

next two Federal open Mark committee

meetings according to the fed's

quarterly economic projection Bitcoin is

trading near $62,000 up 2.4% in the last

24 hours which I saw a lot of other

things were green as well I just looked

at the charts very briefly the coin Des

20 a measure of the largest digital

assets is up

3.4% the Bro crypto Market moved higher

that's what I saw I thought so um Solana

Soul Rose 60% to League game that's

right I did I saw Solana I thought it

was looking good but there confirming it

now I like Solana I'm just saying I'm

just saying folks um Rose 6% to leag

gains among Majors with B&B chains uh

B&B xrp and cardano's Ada Rising as much

as

4.5% um then you have meme coins Doge

and Shino I don't consider on once again

because of everything Shino has done I

don't consider it a meme coin anymore

it's serious business it's a serious

chain a legit chain but it is what it is

right to each his own it says uh an

email comments Chris aulia buybits head

of institution had a mixed view about

the rate Cuts impact on the crypto

market quote the broader global economic

slowdown stipulated by softer economic

indicators what and geopolitical

complexities is tempering investor

sentiment unquote the broader global

economic slowdown stipulated by softer

economic indicators softer economic

indicators all right auler wrote in an

email statement quote therefore while a

0.5% reduction in the fed's policy rate

May provide a short-term boost to the

crypto Market it is crucial to remain

Vigilant regarding the potential

challenges posed by economic uncertainty

and Market fluctuations that part I 100%

agree with

unquote I don't think I mean is this

like a warning or something like that

because at this point the people are

wise enough and they've been wisened up

by the fact that uh money has been tight

for a lot of people across the board um

they're not going to take chances

there's going to be profit taken I

promise you the people are not they're

not sitting there like all right hope

smoking a cigar like I hope Bitcoin goes

to 80,000 right now I doubt it you see

62,000 now and you're probably going to

see volatility if it's not happening

right now as as I'm speaking you're

probably going to see it within the next

week or so because people are going to

take profit they're not going to take

chances in my humble opinion

um that's that's how I look at it you

know I just don't think that that energy

is there in an interview with coind TV

mael strums Arthur Hayes argued that the

rate Cuts as a whole aren't necessary

really I mean there's a a Cadre of

reasons I think that they had to do this

out of necessity one of them is

political you got this political season

going on they have to look good this is

why all of a sudden everybody loves

crypto and you know all of these other

things um and the FED doesn't want to

make the current Administration I would

think look bad so with giving certain

information and such and uh certain

variables that have come to to uh the

Public's attention I think they had to

do this this cut I said this a long time

ago this is why I agreed I thought that

they would do the 50 basis point cut

even though a lot of other entities said

it would be 25 um they did the 50 anyway

and so I think it was it was necessary

for them for those reasons right it says

and a 50 basis point rate cut would

trigger a brief Market rally which it

did but ultimately revealed deeper

issues in the Global Financial system

leading to more depressed prices oh I

like that okay Mr Hayes good job okay I

like that I can agree to that that

that's a possibility 100% sure um good

way to finish strong my coach used to my

coach used to always say that start

strong finish strong and it was very

similar to something my father used to

say to me he said Mick if you start

things the right way you end them the

right way right so that's what I try to

do so I agree with that I like how you

finished that sir all right so now that

you have the information what are you

going to do with it I know what I'm

going to do with it so until next time

everybody let's get to the money