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I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, or invest in any asset based on what I say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice and I am in no way liable for any losses incurred.
Ignition sequence start 6 5 4 3 2 1 zero Liftoff we have a [Music] Liftoff hey everybody this is the Digital asset investor and even though Mark yuso is a total Bitcoin maxi I do like him and I think he's smart and I like to listen to some of the things He has to say listen to this in the last Week is a mad scramble yes literally a Mad Scramble for Bitcoin because in the First few days actually first few weeks Every dollar that was coming in that Black rock and bitwise and Fidelity and Valkyrie had to buy gbtc was selling Because they decided to keep their fee Really high because this was actually Reasonably smart I don't like it but it Was reasonably smart they're like look The vast majority of our investors in Gbtc the trust bought in at much much Lower Prices so they bought in at5 8 $110,000 Bitcoin now we're at 30 40 50,000 yeah If they sell to avoid the high fee to go Into one of the low fee products they're Going to pay taxes Way better to just pay the one and a Half% fee and defer the taxes so that Was actually a genius move on their part To keep the money train going because Dcg has its own problems and Barry you Know it's being sued by the and all this Good stuff but that wasn't a but the
People who had it in a retirement Account where taxes don't matter they're Like I'm out I'm going to transfer to Bitwise where I can pay zero for the First six months or to Black Rock where I can pay 20 I think 30 basis points so That every day 200 million 400 million 500 million was coming out and that was Available to buy with the new Inflows well suddenly no one was selling Gbtc and they still had to come up with You know on some days 10,000 Bitcoin There's only 900 created every day so You had this massive Supply demand Imbalance and the Rumor was yesterday The day before that the OTC desks Basically they were dry they just didn't Have any Bitcoin to Sell now he's talking about who the Smart Ones were well get let me tell you Who the Smart Ones are my one of my Sponsors I trust Capital that's where I Have my bit one and a half Bitcoin I'm One of the Smart Ones this is It's in my IRA there at it trust Capital now listen If it doesn't matter if you just want to Open an account fresh or you've got a 401k to roll over I trust capital is the Largest crypto um Ira platform in the World um the there's a link in the Description of this video where you can Get like $100 for opening an account This is the smartest thing I ever did Was well two things getting them as a
Sponsor and opening an account to put Crypto into an IRA if you haven't done it it's really Worth talking to about Now I thought this was an interesting Poll right Here um said what would xrp true price Now um what would be xrp's true price Now without the Ripple Lawsuit I think $22 would be a good Estimate at least if not more without All the manipulation without eth gate Without all of the shenanigans from Shorting to sending pundits out to talk Xrp down this was much more than just a Lawsuit but yeah without all of that I'm Saying 22 to 50 bucks if I if I'm Guessing now I haven't seen Ron Paul in A while but he's a Libertarian and I Think he's smart and has a lot of good Things to say he's talking about what's Coming now they're talking he's talking About prepping for the future I'm not Giving you a speech on prepping here but I do I do think that he's right that That something bad is coming our way I Think part of the reason you and I are In crypto is because we've we think of It as a way to prepare for what's coming I think we're reaching this point where Uh some sudden thing is going to happen I believe I believe in that theory of The Black Swan yes it's going to pop up Uh it's it's not going to be
Controllable but people you ask what can They do I think the most important thing Is understand what's going on is it Education that's why I happen to have a H schooling program and I try to teach This stuff early because you can't Change it you can't go in and say okay You want $50 an hour we can't do that But we'll have a compromise with the Other people we'll just give you $32 per Hour you know guarantee that kind kind Of nonsense you have to be able to you Know uh tell them what they have to do One is to protect the money one is to Protect your wealth but uh when I go Through this when people really want to Know some details and I get a little More in detail I said but really really The most important thing you do is uh is Is is study and understand what's going On because if you come away from that And you're able to accumulate a lot and Get by and you have your guns and you Have stored food and all that it's it's Not it's not going to work uh you have To understand what's happening you have To know it's coming it's very very Dangerous and that's why I love to see Smaller units of government anything That hints that says they're springing Up an idea in our states to act like They ought to act yes and they're Starting to you know they're starting to Get more Independence have had enough
Folks now check this out this kind of Goes hand inand with that the Black Swan Capitalist guys once again knocking it Out of the park go good up so who's Buying I'll tell you who's buying it's The central banks of the world who Realize that there's a problem current Coming with the currencies of the world Where we're really uh in a situation Where something is going to go wrong at Some point I don't know when it'll be And they don't know but they're Preparing themselves because when it Goes wrong and we have to restart the Financial system Whoever has the most Gold will be calling the shots those who Have some gold will be sitting at the Table to discuss it and those who have Have no gold will be told what to do so The central banks of that would why not Bitcoin I mean surely they think Bitcoin Is going to be who calls the shots right No because it's a distraction Banks like The Central Bank of of China uh Japan Turkey are all loading up on gold to Prepare themselves for the inevitable When it come that's correct I like this Shawn McBride guy more and more every Day x r hler SEC should not be allowed To take up any new Enforcement cases Against any business within the Cryptocurrency blockchain technology Space unless they have approval from an Elected Congressional oversight
Committee or they establish clear rules And regulations with input from industry Leaders and the public full stop and Then remember this when Gary Gensler Says he's going to be joining Colombia Law well remember this is the guy who's Now being sanctioned by a judge Basically for not having a faithful Allegiance to the law and lying in court To judges federal judges sending his People in to lie in front of Court and this is the man this is the SEC chair you want to be in front of Columbia Law cuz Shawn McBride makes a Very good point the sec's gross abuse of Power in crypto case is new is a new low For chairman Gensler Columbia Law you Might want to find another speaker for Friday I can't disagree with that Sean Sea McBride seems to be over the target A lot I like him more every day now look Elanor Terr new Bloomberg ETF analyst uh This is one of the guys I that I said Wait a minute you're sitting here crying For a Bitcoin ETF you're with a Bloomberg contributor as I recall you Know all about eth gate why aren't you Focusing on that and telling your Audience the truth is there a disclaimer That they need to have you know a lot of Stuff and he's one of the ones that's Going along with it without letting his Audience know shame and then it says he Now believes the eth spot ETS will
Ultimately be denied on May 23rd Deadline because the SEC has not engaged With issuers on eth specifics and I said Trouble in eth Gate Paradise question Mark now check this out this is Cowboy Crypto who is the official Cowboy of the Digital asset investor Channel I'm very Jealous of him on an on a usual basis Because he is doing what I want to be Doing he's like on a piece of land in Texas he's uh working on the land he's Farming he's hunting he's um out there Taking pictures of Wildlife this guy's living the life I'll Be there soon Cowboy crypto don't you Worry not necessarily in Texas I might Be doing it here in Georgia But he points out at uh down here Wrath Of conman says xrp is now trading on the US Treasury approved Atlantis crypto Platform um and he says Atlantis Exchange digital asset trading is based On the latest MIT blockchain technology Now that might go in the all the world's A stage file we will have to learn more Okay in di xrp we're going to talk about Two things one Who is the Deep State and two we're going to talk about You know how they've been talk all this Talk about xrp being a stable coin's Been going around I went back into the Archives to find and I found a couple of More instances where xrp was referenced
As being a stable coin and I think it's Important to show Those all right did I already say it I'm The digital asset investor I'm not an Investment advisor this is for Entertainment purposes only Please Subscribe hit the like button and tell Your friends and family away we [Music] [Music] Go [Music]
