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Welcome back ladies and gentlemen this Is the bearable bull Here and I got this aggressively average Content for you Today as oh my goodness ladies and Gentlemen do you see the sell the news Event in front of us right now are you Happy I've been warning you for weeks About the Bitcoin sell the news on the ETF Approval because right now in 2 days Bitcoin has gone from 40 AK all the way Below 43 bu the rumor sell the news is always What happens and all of you are now Learning that Lesson guys before I get into the Powerful information for the day I have To say that on my only fans at Onlyfans.com thee bearable Bowl I just HED an emergency AMA 2 days ago that has Prepared my community for the upcoming Bull market and for what is likely to Happen in the immediate short term we Have our plans ready in place already And for those of you in that community That is currently being posted and will Be up Shortly now for those of you at home we Understand that the buy the rumor sell The news has been fully activated we've Seen the Bitcoin pullback but despite All of this the ETF having gone approved Is the biggest piece in news for the
Trickle effect to leak into the rest of The crypto industry here we had on Bloomberg the valkyrie CEO stating a Quote Ripple ETF is on the way and Likely after this and an addition good Morning crypto shared this clip from Charles G Burrito on Fox asking Larry Thinkink if an xrp ETF could be on the Way Larry f did not answer the question But I think his comments are very Telling his silence is Telling the Bitcoin ETF being approved Opened the Floodgates and now ethereum and xrp are Next in line and it's being discussed by Some of the highest level CEOs also remember something to watch Tomorrow these questions will start Pouring in first is grayscale and the Other crypto Focus issuers going to Start looking at other crypto assets Ethereum Valkyrie said people are Looking at Ripple ETFs already for Example this will you do another ETF how About an xrp ETF I know you got e ether Out there I how about xrp can you answer That I Can't and you don't want me to I do well I can't all right they're giving me the Wp thank you now guys despite the little Spats Charles gas burrito has with the Xrp community on Twitter he has been Doing an excellent objective job Recently on asking some hard-hitting
Questions that I Appreciate job well done and I think Larry think refusal to answer is Telling if there were no xrp ETFs in the Cords he would flat out say no and That's just my general Opinion but I think most of you Agree now we have more High net worth Individuals like Ral Paul for example Who's a known crypto bow going on the Scott metler podcast talking about how Bitcoin ETFs is only the beginning the Institutional crypto trading will kick Off with Bitcoin But ultimately shift to Trading of of the altcoins and lower cap Cryptos for their Roi and Opportunities ladies and gentlemen that Is why I'm an allcoin Investor I'm unbelievably aggressive With the ROI and ults and all of you Know this But right here right now don't just Listen to me say it listen to one of my Favorite macro Investors let you know the same Thing I think people underestimate just How degenerate these trafi guys are and Once they come in through the Bitcoin ETF and once they get a taste for this Market wait until they find out about Meme coins and altcoins and nfts and That real liquidity comes in there so I Think that uh we get the inevitable Trickle down of even institutional
Traders I I'm not saying that Pension Funds are buying punks but I think that Uh there's going to be just an Unexpected boom in capital and that's Going to flow through that same cycle That we talked about before everybody's Been through that cycle you have I have Everybody if you come in on bitcoin and Then you walk into the candy store and It's like holy this is the best Thing I've ever seen and before you know Know it you're doing ridiculous things You should never be doing and ladies and Gentlemen I'm sure it's the same with All of us in regards to that exact same Process altcoins will have a rally but As you listened in my recent interview With Waters above just 2 days Ago we may be in for a little bit more Of a bumpy road before we really Explode here Gary gunler states there is An irony in the midst of this Satoshi Nakamoto said this was going to Be a decentralized system but this has Led to centralization and the ETF Getting approved is the beginning of This look at the Maxis cheering for Black Rock look at the Maxis cheering for Wall Street the Maxis are not some idealists That want a revolution in Freedom they Want you to pump their Bags they just want to make Money think about the irony of those who
Say this week is historic this was about Centralization and traditional means of Finance that investors who could already Express themselves in Bitcoin could Already before this week buy it through Major brokerage houses but now you can Buy it through this thing called an ETF which is Centralized I can't stress this Enough my next video that I'm going to Post will bring break down the nefarious Reasons why I believe a Bitcoin ETF was Approved but here watch Gary gensler's Words on the recent Bitcoin ETF Approval look there no doubt there are Innovations within this field and those Innovations which I taught about at MIT Around a ledger system it's just an Accounting system called the blockchain Technology but there's an irony in the Midst of this Satoshi Nakamoto said this Was going to be a decentralized system And and finance this has led to Centralization think about the irony of Those who say this week is historic this Was about centralization and traditional Means of finance that investors who Could already Express themselves in Bitcoin you could already before this Week buy it through major brokerage Houses but now you can buy it through This thing called an exchange traded Product but the under asset still Centralized the underlying asset still
Has the decentralized distributed Ledger All those characters that sounds like a I don't know that does that sounds like No Andrew with all respect it there's a Lot of centralization here and even the Underlying Ledger is Largely the Bitcoins produced by a Handful of mining uh uh companies and The like and so I'm just saying now in Terms of monetary history monetary History we have a dollar we have a Yen We have a EUR we have the REM andb and There's a reason for it because we do Have a common economy that relies on Those Currencies now guys what I think is so Interesting about Gary gor's comments is That he says the quiet part out loud he Calls out the Maxis hypocrisy and Despite the fact that we don't like Gary Gary is a Weasel that part was True here Larry fin was on Bloomberg Discussing the future and when Gary fin Talks I think you all should listen this Is how we decipher the lizard talk we Listen to The Reptilian speak and then We adapt find the truth within it he States the dominant form of bringing Products going forward will be the form Of an ETF this means that the big boys are Going to come for our ults Next buy the rumor sell the news for
Bitcoin is in full effect as you can Clearly See but now they're pivoting to ethereum And eth ETF is likely next and xrp ETF Is on the horizon as well I believe this To be true and I cap off this video for Today I'm going to leave you with Larry Thinkink ladies and gentlemen this is The bearable B Here thanks for tuning [Music] In as always I appreciate every single One of You now I'll be back Tomorrow with another Video explain that movie move into ETFs How far does it Go when we bought bgi in 2009 we were ridiculed by most of the Financial Community saying you cannot Marry the culture of an active investor That what who we were and a and a Passive culture and we said why our Clients use both products our job is to Be agnostic to our clients to work with Our clients to to provide a whole Portfolio solution but over time more And more clients started to think about How do I want to get Expos do I want an Exposure in this area or this product And I could do that through actively Investing in ETFs in 2012 we Said ETFs are going to be the new engine
For fixed income and boy did that get a Lot of ridicule by many people in the Business community and today the fixed Income markets are totally uh imbued by ETFs and so at Black Rock when we bought Bgi we had $290 billion of ETF today we Have 3.5 Trillion um is and and then this week Alone just yesterday we launched the I Shares Bitcoin ETF and so I would say to You if we could ETF a Bitcoin imagine What we could do with all financial Instruments and so what we announced in Our architectural change I shares was This uh was this business division in Itself and we thought that's too in in You know too exclusive we needed to Include the ethos the philosophy the Spirituality of what I shares can Provide in everything we do at Black Rock because we believe we're we're just Halfway there in the ETF Revolution that Everything is going to be ETF and we Needed to ensure both active products Passive products Um digital products are going to be used Through the the vehicle of ETFs at the Same time in this architectural change We're elevating the whole concept that We are going to be curating more and More of our performance-based products Too so it's a it's a very large Architectural change a lot of people Have asked me I is most successful
Division within Black Rock look what it Did why are you doing this now and we Believe it's so important to be Anticipating the next move I would also Say on on the beginnings of um of a ETF Bitcoin We Believe ETFs are a technology No different than Bitcoin was a Technology for for asset Storage We Believe The Next Step going Forward will be the tokenization of Financial assets and that means every Stock every Bond will have its own Basically qip it'll be on one general Ledger every investor you and I will Have our own number our own Identification we could rid ourselves of All issues around elicit activities of Bonds and stocks and digital by having a A a a a tokenization but the most Importantly thing we could customize Strategies through tokenization that is Fits every individual we would have Instantaneous settlement think about all The cost of settling bonds and stocks But if you had a tokenization everything Would be immediate because it's just a Line item and so we believe this is a Technological transformation for fincial Assets I believe you want to talk about Voting and voting choice and all the Things if if we know every moment who is The owner of that stock and it's now Time to vote every individual who has Ownership is identified and they can
Vote their own shares is this the end of Mutual Funds I think well a lot of people it's It's just a it's a wrapper it's not the End of it but I would say the dominant Form of bringing products going forward Will be in the form of of ETFs
