HUGE International Crypto News. Big Avalanche News.

HUGE International Crypto News. Big Avalanche News.

hello everyone that’s because uh the
Hong Kong spot ETFs haven’t activated
yet we’ll see the we’ll I think we’ll
see their Effects by tomorrow the the
thing I wanted to talk about was Russia
yes our favorite crypto dictator
Vladimir Putin that’s what I want to
talk about Russia might be looking at a
fullon crypto ban my friends Russia
definitely might be looking at a fullon
crypto ban so that’s obviously not very
good for us but we have to go over this
because uh yeah it’s it’s no good um
Russia’s not a huge Market but there’s a
lot of Putin fans in the crypto world
and they will not like this they won’t
like this I think Russia’s trying to
clarify that it’s only banned for their
domestic um trading markets but they’re
basically trying to kill crypto in
Russia because like they’re afraid it
might replace the ruble and it’s a much
bigger fear for Russia cuz no one
actually wants the ruble so we’re going
to go over the Russian Ben and we all
know who runs Russia right I mean yeah
they’re say they’re they’re saying that
um you know it’s the Duma and like the
Secretary of State or whatever but we
know who runs Russia with an iron fist
well no like Russia’s going to ban
everything in Russia besides the state
issued
cryptos so ton might actually be okay
but let’s actually look at this Russian
thing Russia prepares Russia prepares
for total crypto ban as geopolitical
tensions rise we all know that Vladimir
Putin is the supreme leader of Russia so
if they want to do this they definitely
have to have Putin’s approval so Russia
is Banning crypto to reinforce the
rubble as geopolitical tensions and
sanctions spread unfortunately no one
like regardless of crypto or not no one
actually wants the ruble they had to
jack up interest Ates like massively
twice both times by double digits to
actually just keep the ruble from
collapsing completely so no one actually
wants the ruble regardless but they
really really really don’t want crypto
to spread at this point uh because of
that so here we go Russia will enforce a
strict ban on the general circulation of
crypto assets No Good Guys such as
Bitcoin allowing only digital Financial
assets issued within its jurisdiction
this initiative is led by atony asof the
chairman of the state Duma committee on
the financial
Market um is part of a broader
government effort to control the crypto
ecosystem amid geopolitical tensions
that’s actually not right there’s a lot
of people that want the US dollar like
people are using tether because they
can’t get the US dollar the only reason
they want tether is because it’s backed
by the US dollar so there’s a lot of
people that actually want the US dollar
no one actually wants the Russian Ruble
at this point cuz it’s in it’s it’s
really really unstable I mean like it’s
only stable because the Central Bank
rose raised interest rates by like 20%
and then
133% this is definitely not good news I
don’t think it’s critical but it’s not
good news at kof uh akasa uh stated that
the forthcoming legislation aims to
restrict non-russian crypto operations
to reinforce the rubles dominance
explaining digital Financial assets
issued in the Russian jurisdiction and
digital rubles will be allowed so
they’ll allow digital they they’ll
actually allow um like digital rubles
and stuff but about the other stuff I’m
not really sure the need for a ban is
due to the fact that today
cryptocurrency is a quasi currency that
replaces the ruble in the country so
they’re afraid of uh crypto replacing
rubles in the country but only the
Russian Rubble fulfills the mission of
the monetary unit so the decision has
been made so you know like Vladimir you
you guys have to know that Vladimir
Putin 100% signed off on this because
without Vladimir Putin sign off they
would not do
this well yes of course Putin prefers
the USD he wants a currency that’s not
about to drop off the face of the
Earth the bill will call carve out
exceptions for crypto Miners and central
banks sponsor test projects within an
exper experimental legal
framework yes I am very much ready for
summer fishing as crypto mining
significantly boosts Russia’s tax
revenue so the thing is like they might
exempt crypto Miners and any
cbdcs like they might actually own
crypto
miners they they only they it might not
affect crypto Miners and cbdcs but it
will definitely affect crypto trade in
the
country well what this does like what it
will do is it’ll ban crypto for like
regular Russian people because like the
like Vladimir Putin and his cronies
might actually be able to access crypto
but like um Regular Russian people will
not be able to buy crypto anymore
however there’s an intense internal
debate among Russian policy makers which
is pointless because Putin controls
everything Tim kirov Deputy chairman of
the state Duma committee on economic
policy stressed the importance of
precise regulations the regulation of
cryptocurrency should be prescribed in
the digital code which would clearly
spell out the conceptual apparatus and
common judicial law enforcement practice
so in contrast Russia’s Finance Minister
Anton salof has pushed for a more
moderate ated EXT uh stance uh maybe
later I mean like the biggest one I’ve
actually weighed 30 lbs I’m sure some of
the sturgeons I caught were probably
bigger but you can’t really weigh you
can’t weigh Lake sturgeons their mouths
are just kind of weird have pushed a
more for have pushed for a more
moderated stance advocating for a
regulation to enable the use of
cryptocurrencies both in domestic and
international transactions alvara Nabu
Elina head of the bank of Russia also
supports the experimental use of
cryptocurrencies in International
settlements yeah look China’s economy is
kind of screwed there’s nothing they can
actually do about
that I think like you you know I still
think like a lot of the altcoins will
actually start running at the end of the
year some of them might start running in
July August but like some of the
economic headwinds are actually scaring
people at this
point so basically Russia wants to ban
crypto circulation they only want state
sponsored cryptos
well I don’t really know about why they
put this like you you can just go you
can ask Vladimir Putin why he wants to
ban
crypto because like uh he’s not you’re
not going to be able to get an answer uh
from anyone besides him like obviously
look they’re afraid that crypto is going
to replace the ruble in Russia so like
that’s why they’re trying to ban crypto
they’re trying to ban circulation
altogether Russian government would be
smarter to secretly Ed bias as possible
make it the national currency
I mean I don’t really know what their
plans are they obviously need any they
need ways to fund their war in Ukraine
like it’s taken a huge hit on their
treasury at this point like the only way
they can the only way they’ve kept the
Russian economy from completely
collapsing is by raising interest rates
by huge amounts like I think they hiked
it like 20% when the war started and
then they hiked it by 133% last year
they’re probably going to need to hike
it again to to keep interest rate like
in the double digits because they can’t
do anything
otherwise the ban of crypto and Russia
is driven by their bricks involvement
and the believe that Bitcoin litecoins
are us
Creations it who NE I mean like it’s
it’s not it’s it’s it’s the exact same
reason as China it it doesn’t matter if
they believe Bitcoin is a US creation or
not it’s not a Russian creation so
that’s why they want to ban
it like that’s why they actually want to
ban because like they they don’t want
regular people in Russia using crypto
instead of rubles they still need their
country’s currency to be fairly strong
because like their country’s currency is
the is the main way they’re fighting the
war if like the if the if the ruble
drops off the face of the planet like
they’re in a lot of trouble you just not
a US Government
creation yeah I I mean the thing is like
look it doesn’t matter if it’s a US
creation or not the fact is it’s not a
Russian creation it’s also not a Chinese
creation so those two governments are
not going to allow it they they they
don’t want those two things to take over
their government uh money because that’s
how they control the country and how
that’s how they control finances so
Russia basically wants to restrain
crypto so it can’t do that like Russia’s
approach is the same as the Chinese
approach and China’s been taking China’s
been taking that approach for years so
if you thought like the US was bad for
crypto Russia and China are way way
worse for crypto because only government
people only government bureaucrats are
allowed to to have crypto in Russia how
Lazarus group laundered 200 million via
crypto hacks we know that La well we do
know that lazers group we definitely
know that Lazar group has actually been
hacking crypto for a long time and
that’s one of the reasons probably why
the US wants to clamp down on crypto is
because of things like Lazarus group the
whole Hamas thing I think like is just
like smoke screen they obviously want to
control people’s money so people can’t
escape on taxes and stuff but there is
like the stuff like lazar’s group and
maybe like funding Russia via crypto or
whatever uh were early adopter I
remember using Russia exchanges yeah
they might have been early adopters of
it cuz like the Russian Curren I don’t
think the Russian I don’t think Russia
has ever viewed their currency as like
stable so Russian people wanted to get
their hands on
it hey what’s up man but like but like
uh Russian people want to Russians
wanted to get their hands on it and
that’s ex exactly why the Russian
government doesn’t really want it to
take hold they can’t a they can’t allow
um they actually they can’t allow um
like people to start using like the this
instead of the
ruble they do need to control the money
but the US isn’t quite as heavy-handed
they haven’t banned all the exchanges I
know the SEC is causing trouble but the
SEC is actually losing all their
lawsuits whereas Russia and China have
Bas have basically outright banned all
the
exchanges it is this cell um no I don’t
look I don’t think we’re going to 52k
there is people people that are really
trying to like fud that they’re really
trying to bring the price down but I
don’t think this is going to bring us to
52k it’s not it there’s no bad news from
the FED I think people are just weary of
the economic headwinds and the Hong Kong
thing is turning out to be like a
nothing
Burger yeah like the SEC is loing losing
their
lawsuits so they can’t completely be
like suing recklessly anymore I mean
they’re still going to they’re still
going to harass crypto obviously but
it’s not going to be is easy for them
whereas like in China and Russia like
the the ruling party or the ruler can
just make unilateral decisions in the US
like there’s not a person that can just
make unilateral decisions because like
in Russia like it doesn’t really matter
what everyone else says it’s what it’s
whatever Vladimir Putin says that counts
and in China it’s the same thing it’s
whatever xiin ping says that
counts so yeah they want that two
billion from Ripple they’re not getting
two billion I don’t know how much
they’re getting I think it’s I do think
it’s going to be much closer to the 10
million than the 2 billion
though think interest rates are going to
rise inflation is not going I don’t
think interest rates are going to rise
they’re not going to fall but they’re
not going to
rise they’re done raising the interest
rates they just not they’re just not
putting they’re basically like uh
they’re they’re just not like uh they
are just they’re just not like putting
them down they’re just not bringing them
down trading e yes Hong Kong does indeed
start start uh trading ETFs
tomorrow absolutely start trading uh
ETFs tomorrow I don’t think it’ll have
much of an effect though we can go over
that we can actually go over that in a
while I highly doubt bitcoin’s going to
47k like people have been obsessed with
a 40% retrace for like years for like
months now and it just hasn’t happened
like they thought we were going to have
a 40% retrace when we got to 50K
but like you know at this point like
even if we have like a 30 40% retrace
it’s not going to be any lower than 50k
so they already missed all those giant
chances to buy in and now that they’re
like desperate to get like Bitcoin lower
so they can buy in at a j Buy in at a
much lower
price Biden is not the type to actually
pressure for cuts and he should and
economically he should not pressure for
cuts he should not like pressing for
cuts would be a bad idea
yeah but look increasing taxes is always
hard to pass and they they’re not going
to just increase like if they want to
increase taxes they’re going to try to
increase all investment
taxes like right now the the like right
now like the the uh the new like
investment taxes only affect people that
have like that either make over a
million dollars a year or that like have
over $100 million total in
assets DCA through the summer is this
the next narrative I don’t know if I
would DCA through the summer I mean you
your bags should have been your bags
should be fairly filled at this point I
mean you’ve had ever since you’ve
basically had since FTX crashed to buy
so I don’t know if I would like continue
DCA for a long time I still think dcing
at this point is probably still a good
idea but I don’t really know I I really
don’t know if I would keep dcing for a
huge amount of time
down with all the fun just keeps coming
back up they can’t they they really
can’t stop
Bitcoin they they realistically can’t
stop Bitcoin um
but and really like like the big
countries are really trying to control
it but I think they’re like some of them
obviously outside of China and Russia
the rest of them like kind of started
giving up I I like both near and ICP I
think I would buy near
yeah dude shorting all the way up from
like 15K to 60k is not a good
idea think we’re very close to getting a
Cyber attack things keep going down
Instagram Banks and my trading platform
went down today I mean cyber attacks
happen every once in a while Bob’s
gradual increase in taxes starting at 1
million then reducing the and continue
to decrease thereafter those things
never get past Hood s through the last
50 60 years taxes have pretty much only
gone down the the top marginal tax rate
used to to be 95 like 93% it’s like 38%
now so don’t talk to me about taxes
going up there’s been a gradual decrease
that’s cut the top top tax rate by more
than half since the
50s and all that’s really resulted is
our national debt going
up like everyone says like like you know
taxes are slowly edging up no they’ve
dropped by like they’ve dropped by like
60 70% % since the
1950s at least the top marginal tax rate
has yeah I I think that One Bank in
Philadelphia fell and I think people are
kind of nervous about that also like uh
I think like stock like earnings reports
weren’t so good the last couple of weeks
so people are hesitant about that as
well it doesn’t seem to have affected
crypto too much I mean like overall I
think there’s overall like the ETFs and
all the other news I think have
offsetted it
I don’t really know why PE I don’t
really know why like people in crypto
are obsessed with like a huge
disaster cuz like you know theyve like
like everyone in crypto is always
predicting a huge disaster right around
the corner and it generally doesn’t
happen yeah the dollar has devalue but
you just make more of them
Why Us not capping their US dollar
limits to certain
value you know tree like before we
actually had the fed and like back in
like the 18 1900s the economy was a lot
more unstable we had like economic
panics every couple of years they had to
reset like every couple of years the
thing is like like the economy has
actually been a lot more even and stable
ever since they like created the system
we have now like not printing sounds
like a good idea until you like try to
run the economy without the ability to
print and then like everything kind of
falls apart after a while I lost
1,582 near I put an exchange to change
the thing is a lot of these people
advocating these policies a lot of
people advocating these like idealistic
policies haven’t actually read our
history and like what our country was
like before these policies were
enacted uh they haven’t really they
didn’t really like look at the economy
and what it was like before the Fed was
there before like you know you know
before
1913 only fans just like filling Demand
only fans doesn’t have anything to do
with like only fans doesn’t have very
much to do with the status of the world
do the factors manipulating basis
worldwide there’s also the fact that you
just cut taxes like by more than half
you
know do you hold you still hold Ada and
the thing is we’ve always like like we
we’ve had bases right after World War II
and we’re just doing
fine do you still hold Ada yes I still
think it’s a decent crypto to buy I
still have I still have Ada look only
fans is just fulfilling a need if they
weren’t getting it from only fans they’d
be getting it from like porn.com or
something like that it it doesn’t really
have like only fans doesn’t really have
too much of effect on
anything do you contact binance
everything is on record
why is near not tradeable in New York
New York has a lot of restrictions so a
lot of cryptos are not tradable in New
York so like coinbase Works differently
in and outside of New York that just New
York just doesn’t like
crypto so if you really want to do
crypto get out of New York because the
restrictions in that state are more
severe than the restrictions like in any
other state mainly because Wall Street
is
there well China just doesn’t have any
exchanges so it’s not like China it only
affects uh sick
people dude like if they weren’t on only
fans they’d just be on PornHub it
doesn’t really matter which site they’re
on it truly doesn’t matter which site
they’re on because if they’re not on one
side they’re just on the other one who
cares
man look if if if the guys want to watch
porn you can’t stop him from watching
porn just just I mean like that’s just a
thing man ever since the ever since we
had the internet that wasn’t like you’re
not going to be able to stop them it was
112 going to accumulate more avac yeah
so avax actually just integrated with
stripe no I don’t but if guys really
want to watch that stuff it’s not like
it’s hard to
get like if if guys really want that
stuff it’s not like it’s hard to get man
like people are like people are like
people are pretending that only fans is
some like new revelation that you can’t
you can’t get that stuff out of only
fans come on guys we all we all know
that’s not
true
all you know the guys who created por up
sold it for 140 then another guy triple
the profits sure but I I I mean look
look still like I said like it’s not
like only fans is the only place you get
that stuff I mean that’s that’s obvious
you
know isn’t the internet like 90% dirty
websites I don’t know I mean maybe I
don’t think it’s
90% didn’t George create like an only
fans I heard I heard from someone that
George created only fans I was like what
the hell why do you need an only fans
you already have patreon the hell you
need an only fans 4
so anyways like yeah a Avalanche is
actually integrated with stripe so this
is actually pretty interesting too it’s
good it’s it’s pretty good news for uh
it’s actually pretty good news for
Avalanche um
investors it’s actually fairly good news
for Avalanche investors because they
they actually did integrate with
stripe so Avalanche integrates with
stripe for Fiat to crypto onboarding
Avalanche C chain users can now buy AAC
directly Within 3 apps by using a widget
supplied by stripe the Avalanche C chain
network has integrated with payment firm
stripe allowing verified stripe users to
buy avalanche’s avax and send it to
their wallets according to an April 29th
blog post from the Network’s developer
aval laabs eight Avalanche web 3 apps
have also been integrated with a
platform according to the post Avalanche
app developers can now embed a
customizable widget into their
interfaces allowing users to convert
Fiat to crypto via Stripes platform
eight apps have already announced they
will integrate the widget including
Avalanche core portfolio app staking
protocol goo pool avvy username service
social media platform Arena nonf
fungible token nft Marketplace zerone 01
holiday wallet web development platform
packed and blockchain games defi
kingdoms and shrapnel sharpell so like
Stripes expansion into um crypto
continues today integrating Avalanche
and core to provide easier access to web
3 users can purchase avac directly
through strip without using an exchange
Avalanche apps can embed stripes on ramp
via customizable widget so essentially
like this is good news for Avalanche it
definitely could uh signal expansion in
the
future is my biggest holding hope it’s
uh I think she has a pretty good chance
of hitting its all-time high I mean like
I think sheep can probably shave off
another zero but like it’s not going to
like a penny or something but it can
shave off another zero for sure I think
I think that look I think the meme coin
I think the meme run will be pretty big
and I think sheo will be part of that
Meme run for
sure keep telling people that har Bar’s
inflation will limit its upside well
harar like har Bar’s top inflation is 50
billion coins like the max supplies 50
billion coins they’re going to release
until they get up to 50 billion because
that’s like it’s it’s going to be over
the next several years but they’re going
to release until they get to 50 billion
we all know that
the other thing is uh we we do need to
talk a little bit about the Hong Kong
spot crypto ETFs so there’s six things
to know but realistically there’s only
like two things that matter so obviously
like Hong Kong has other Futures ETFs
already trading so but this will
probably be the first spot one um they
also have the it’s also the first spot
ethereum ETF they have Futures ethereum
ETFs but they don’t have a spot ethereum
ETF but the big number is the big number
is all Hong Kong ETFs account for about
6% of the US ETF Market yes people that
means Hong Kong’s ETF Market is less
than 1% of the US ETF Market that’s what
I’ve been that’s honestly what I’ve been
telling a lot of you guys it’s not going
to be that big of a deal because Hong
Kong’s Market is Tiny compared to the
United
States so the thing is like
um the US actually had the US actually
had about 8.9 trillion listed on three
exchanges whereas Hong Kong only has 50
billion in fact all of China has only
238 billion so like even China’s Market
is Tiny compared to the United States
this is the this is like what I was
talking about yesterday night how much
dominance the US actually has in these
financial markets like Hong Kong is 50
billion all of China is only 239 billion
and the US is 8.9 trillion like it’s not
even in the same ballpark like it’s like
it’s they’re not on the same level
hopefully this will pump it a little bit
but I wouldn’t expect too
much uh Hong Kong’s ETS will be in kind
instead of cash create which means when
they get liquidated they won’t affect
the market quite as much um is like us
ETFs are only allowed to be issued cash
created and of course Hong Kong
basically allows crypto as uh actually
in kind so it’ll be very interesting and
Mainland China investors won’t be able
to buy the Hong Kong ETFs that’s the
other thing we need to get clear the
launch of spot crypto ETFs may have
spurred some optimism regarding mainland
China stance on crypto which may not be
true however Mainland Chinese citizens
are expected to be unable to purchase
Hong Kong spot crypto ETFs despite the
ETF issuers close ties to Mainland China
according to Bloomberg analyst Wang
China prohibits citizens from any crypto
related activity meaning that crypto ETF
Investments are also banned so even for
the Futures based cryptos ETF listed in
Hong Kong I actually try to set a trade
the Brokers will just directly reject
the trade so yes you if you’re in the
mainland you will not be able to buy the
Hong Kong ETFs however many rich
businessmen have uh have uh subsidies
both I mean have like um companies both
in the mainland in and in Hong Kong and
they’ll be able to use the Hong Kong one
to buy crypto ETFs so it’s not all it’s
not all bad but uh Mainland people will
not actually be able to buy the Hong
Kong ETF at all so yes
7.8 million I mean Michael strategy is
going to go up in the long run they own
so much Bitcoin and Michael sailor’s
constantly trading off shares for
Bitcoin I don’t think there should ever
be like a forever hold if it goes up you
should definitely sell also I don’t
think we’re going to dip below 60k like
it’s like a slow down Trend right now
but I don’t think we’re going to dip
below 60k at this point should so could
the ETFs be at risk depending on what
Hong Kong ETF is bought no there’s no
risk I don’t think there’s any ETF at
risk I’m not really sure how that even
makes sense so I don’t think there’s
like any kind of like ETF risk or
anything but realistically like you know
I don’t think the Hong Kong ETFs are
going to have a huge effect there might
be some fomo but I doubt it it’s it’s
like no no other country’s ETF is like
the US ETF the US ETF is by far a lot
bigger than any other ETF let the big
fish buy first and the retail will be
allowed a few months well Hong Kong’s a
separate economic jurisdiction than the
US so they might like it it’s not it’s
not really a way for um I don’t think
they mean it as a way for retail to
actually buy like I think Hong Kong
people will be to buy the Hong Kong ETF
but like Mainland Chinese people won’t
no I don’t think Bitcoin will reach 50k
I think people are hoping for like way
too low of a Bitcoin retraces and
they’re just not satisfied with the 20%
but we’ve been getting constant retraces
of 15 to 20% and then people don’t buy
because they want to retrace of 40% %
which generally isn’t
happening uh hell BTC Amazon Google
there’s no forever
hold the Bull Run doesn’t start by what
day did you say there is no run if like
give if it doesn’t start by like this
time next year then yeah there might be
not a run but I I’m pretty sure it’ll
start like later this year look people
are are getting people are getting way
too antsy for this stuff right now like
we we’ve just passed the having and like
traditionally we don’t really start
going up until a couple months
afterwards like people always people are
always expecting the bull run to come
early because of whatever reason this
time because of the ETFs and the Bitcoin
run did start
early but the altcoin Run didn’t follow
because alts don’t have
ETFs just I would just have your bag
packed at this point I would definitely
have your Al alt bags ready at this
point because it hit it could hit at any
time like people are trying to pinpoint
the exact moment the alt run starts
doing that is not going to do you any
good if you try to pin pinpoint and buy
at the exact moment you’re you’re going
to miss
it because of interest rates I don’t
think it’ll be that different I mean
despite the interest rates people are
still buying stocks and stuff so I
actually don’t think it’ll be
I I actually don’t think it’ll be that
bad what sort of amount do you think
Hong Kong UTS will add to the
inflow I’m I’ve SE seen anywhere from
like two billion to 25 billion it’ll
probably be like 10 billion overall or
something like that like I said the Hong
Kong ETF markets tiny compared to the US
one I wouldn’t affect it I wouldn’t
expect it to affect it much I mean it’ll
give us a boost for sure but I don’t
expect it to affect as
much drops and M strategy buys and they
just bought 7 I mean 7.8 million is a
fairly small number though for micro
strategy that’s what like a little bit
over 100 BTC this is already a bull run
this a terrible bll run then yeah I mean
like the alts haven’t really ran yet for
some of the meme coins yeah people
already made their money and they’re
like you know withdrawing but still
but like the real bull run with the Els
has has not started like there’s going
to be people that give up because like
they wanted to come early and then
they’re going to miss the Run uh Casp
gets smart contracts do you think can
get to five
bucks
uh no I don’t think it’ll get to
$5 it needs more than just smart
contracts because you know who else has
smart contracts literally everyone else
besides xrp like they’re like the only
one that don’t have Smart contracts
no Caspa is at like 10 like 12 cents
right now I don’t think you get to5 to
$10 you’re looking at Caspa to
completely take over the
market like like you’re looking at Casp
to completely take over the market but
here’s the thing even if Caspa gets
smart contracts which I hope it will
like it’s not like it’s the only one
that has smart contracts everyone else
has smart contracts it just needs to
compete with everyone else
depends on how high of a y casb Stakes
can offer yeah but even if they offer
high stakes it’s not going to go to like
$10 not from where it is right
now and Milton bit like you got to
realize I mean like come on I mean like
it’s not like smart contracts are
anything new at this
point like smart contracts at this point
are just part of the expected
developmental process it’s it’s not like
they’re it’s not it’s not like they’re a
new thing it’s really not like they’re a
new
thing yes kaspa’s thing is is that like
it was mind and it was built on like it
was built on a dag but honestly like no
one really cares if you’re trying to be
a better version of Bitcoin because
realistically no one wants a better I’ve
said this before no one actually wants a
better version of Bitcoin like people
don’t really care like people don’t want
a better version of Bitcoin there’s
plenty of people that have tried that uh
there’s plenty of projects that have
tried that narrative before we a better
version of Bitcoin no one
cares getting the money because I let’s
go down to then go up to it’s not going
down to
40K I think like look I think you should
set your a casit limit at like a
dollar sure they can say that all they
want but like the people in those
countries will still try to get the US
dollar at every
turn China wants to in Reliance on the
US dollar obviously because like they’re
like their they geopolitical
adversaries but realistically like all
Chinese businessmen still want to use
the US
dollar stock market extend uh and also
like not all bricks countries
agree cuz what else are they going to
depend on besides the US dollar they’re
not going to do like they’re not going
to they’re not going to depend on
bitcoin they’re for sure not going to
depend on the Chinese r or the Russian
Rubble Caspa had hype but has good
tokenomics it’s about it well Caspa
obviously does need smart contracts and
it needs to gain the tvl like you’re
you’re looking at Caspa to like you know
surpass things like cardano salana BNB
that’s very very hard to do
well I mean the hype shouldn’t be gone
we’re still fairly close to the all-time
high it’s just that people expect like
massive increases and everything and the
massive increases in everything like
didn’t happen
yet yeah just at least be patient until
the end of the year I mean if you look
at the alt if you look at the altcoin
runs they basically all happened at the
end of 2020 beginning of 2021 that’s
when all those that’s basically when all
those altcoins runs happened altcoin
runs happened they like they didn’t like
H they didn’t really just like happen
before or
after I I don’t know what rss3
is I I don’t think look I I don’t think
the Hong Kong ETF should affect it much
there might be a fomo but I don’t think
the Hong Kong ETF should affect it much
because there’s there’s not nearly as
much money from Hong Kong as there is
with uh there’s not nearly as much money
with Hong Kong as there was in the
United
States hype wins when you don’t deliver
results even with the network problems
yeah like a lot of the networks that
we’ve been talking about haven’t been
delivering a lot of it’s liquidity
problems
though rss3 is the open information
layer structuring open information for
the next Twitter Google and open AI the
rss3 network is formed by decentralized
noes that constantly index and structure
information from the open web it looks
like it’s a in it looks like it’s an
indexer it it it literally looks like an
R this literally looks like an RSS feed
which I’m not really sure why I would be
hyped about an RSS
feed wait why do you even why do you
even need blockchain for an RSS feed I
don’t I don’t quite understand
that there’s a lot of shorts between
here and 70 75k I mean that the short
squeeze thing could actually happen I I
don’t know if I would Bank on it but the
short squeeze thing definitely could
happen do you see any currency competing
against the US dollar as a threat no
not in the next 20 years there’s not a
country that’s powerful enough or stable
enough like the Japanese Jen’s
collapsing against the dollar the
Chinese Ren’s just Pegg to the dollar
and realistically like the Chinese Ren’s
not tradeable internationally so you
can’t use it the Russian Ruble is kind
of screwed right now and the Euro’s even
worse than the dollar so I don’t really
see anything else competing with the
dollar cuz like if you want something to
compete with the dollar it’s got to be
dependable and there’s another currency
that’s dependable right
now there is a Reon look there is a
reason why China has limited like has
put a limit of $50,000 a year for
trading in Chinese Ren because they
don’t want everyone trading out for the
Chinese Ren they know that if they allow
it to free trade everyone would trade
for US
Dollars like the government may not want
US dollars but people in China want US
dollars
you think the economy will collapse just
like I don’t think so I mean like I
don’t see housing collapsing I mean like
the economy is not great right now but
it’s not also not horrible at this point
like you can see like you can see
consumer demand is still up the economy
I think is slowing down a bit but in
order for interest rates to come down we
want the economy to actually slow down a
bit because if if economy keeps like
going like it’s hard to control interest
rates yeah they might be buying up a
bunch of gold but they’re not going to
have enough
gold yes Russia actually might be
banning crypto they’re afraid that
crypto is going to basically they’re
afraid that crypto is going to replace
the ruble in the
country meme coins are always going to
exist memecoins are always going to
exist crypto is an investment market
like it or
not and it’s not like there’s that many
people using crypto like in the United
States at least there’s not that many
people using crypto for Stuff besides
investing
gold is going up because people are
trying to buy a hedge and Gold’s the
first thing they actually turn
to but you know I think like after the
next year or two is over I think like
the gold buying will kind of slow
down I can’t see Bitcoin being Russia’s
main currency they depend on their
Rubble to fund their war and do a lot of
other government functions it’d be
pretty disastrous for Putin and Co if
like the the rubble went down so they’re
not going to allow
that they’re they’re Mo they’re most
definitely not going to allow that to
happen it’s which is why they’re trying
to restrict BTC I think that I do think
the government officials themselves will
actually have
um I do think the government officials
themselves will
actually have access to BTC but the
regular people won’t avax news so avax
got integrated into stripe so stripe is
going to use like you’ll be able to use
avax for payments via stripe
T that’s why they fear BTC because the
ruble is
trash because like with if he changes
the BTC like he doesn’t have control
over the Russian economy like countries
like China and Russia want complete
control over their economy if you don’t
control the money you don’t control the
economy they can’t like Russia can’t
manipulate Bitcoin nearly as well as
they can manipulate the
ruble yes stripe did actually
announce holding memes in the be Market
will be scary well yeah of you don’t
hold memes in the bar Market you you
hold memes like once you get out like
you get out from the
bottom but I mean there are memes that
blow up in the bare Market though but
relatively few I think like I mean Pepe
came up in the bare market right that
was like
2022 no like like look like countries
aren’t going to do if you can’t beat
them join them cuz joining them means
you gave up control over your
economy and the countries aren’t going
to give up control over their economy so
that’s why China kind of banned Bitcoin
and that I mean that’s why China kind of
banned crypto and that’s why Russia is
Banning crypto right
now so like it’s pretty complicated got
like sanctions the economy still
running Russia’s not like look Russia’s
like not doing very well the only way
the only way they’re running is because
they jacked up interest rates like
extremely high they literally jacked up
interest rates to like 20% overnight to
keep the to keep the Russian economy
from like falling through the floor and
then they did it again A year later is
it so it converts avac into Cash I’m
guess I I think that’s what it does
because I don’t think Merchants will
directly accept crypto buying and
storing physical gold they should have
been buying Bitcoin for their reserves
too I don’t know they’ve actually bought
Bitcoin for the r if China was doing
that they shouldn’t have kicked all the
miners out which they
did buying 20 worth of bitcoin on the
opening day I mean that’s cool I don’t
know how much 250 million will move it
though you know like it’s it’s hard to
say if the us is going after Self custy
wallets or mixers it looks like it’s
like a combination of both cuz not all
wallets have mixers but like it looks
like they are targeting the wallets that
have mixers but like I know like the SEC
wants to Target defi as
well well yeah like you can’t hold
enough no country can hold enough
Bitcoin Reserve to make it their
National
currency does Hong Kong technically
belong to
China uh Hong Kong does belong to China
it’s been it’s been part of China since
97 it’s almost been 30 years since they
came since they got reintegrated back
into China but it’s still an economic
still a special economic
zone mixers are things that kind of like
scramble Pathways and it makes it hard
for um the feds to to to track cryptos
so like it’s a way to make your
transactions Anonymous went to kazakstan
or something but like they’re still
Chinese miners a lot of them did move to
kazakstan there are probably still a
couple left in China
underground but like the Chinese share
in the crypto markets definitely dropped
near and
arrow I would still Buy near but like I
think Arrow might actually have a higher
Roi from here I mean I believe in Arrow
just because I don’t think Bas is going
to create a coin in the next year or two
and people might just buy Arrow instead
of
Bas stripe onramp to avax or aaac stripe
to both I think it’s an a I think you
can treat like stripe as an on-ramp for
aax
I mean I don’t really expect the Hong
Kong thing to do much to crypto but I
don’t really know why it has to hit
certain
numbers I don’t really know why people
are so convinced it has to hit certain
numbers government fear Quantum
Computing will equally crack Bitcoin and
the BTC will disappear
uh yeah that that that’s definitely like
somewhat of a
fear I mean you can offramp aax at
coinbase I think I don’t know if you can
do it via
stripe my guess is you can though
because like if they’re really going to
do it for merchant you need to be able
to on-ramp and
off-ramp people will sell off when
there’s no
pump I don’t really think people will
really sell off cuz there wasn’t much of
a pump with the Hong Kong
thing like there wasn’t like a pre Hong
Kong pump so I doubt there’ll be a post
Hong Kong dump why is Arrow a good play
if D5 is next to be targeted they can’t
they’re not going to be able to kill
Defi and arrow is still the main uh
exchange on coin main decks on coinbase
so I think like since there’s not a base
token people are just going to buy Arrow
I I mean news usually does like Peggy
news usually doesn’t affect
price especially when like the Market’s
going the other
way like I said Partnerships are good
but they don’t actually physically
impact price almost
never can I hold avac on stripe
well I mean you can buy avalanche on
stripe and send it to your wallet so I’m
not really sure if you can actually hold
it on stripe I don’t think stripe is a
wallet in
itself
poor I mean stripe is a pretty stripe is
a pretty big application like like I
said I don’t really even know
I I really don’t even know like how like
how many people actually use crypto to
buy stuff because it doesn’t seem like a
lot yeah but stripe isn’t PayPal it’s
not really like a holding
facility Andy on Bas is doing great nice
nice I mean there are a couple of meme
coins on bass that are doing great
there’s like arrow and there’s a couple
of other
projects like Bas took a lot of the
salon stuff when salana got bogged
down so we’ll see what I mean the stripe
adoption is obviously pretty cool though
we do need more people using crypto but
I don’t think you’re going to convince
people to actually use crypto for
anything besides
investing not in the United States the
thing is like the US honestly people
aren’t pining for a new form of money in
other countries people
are they go after a ledger the SEC is
gonna have a really really hard
time going after
Ledger have hope for us gaming how high
do you think the crypto Market will go
this bull
Ron I still think about 10 trillion so I
I I still think we have a lot higher to
climb in terms of market
cap well I mean you you basically own a
share of Black Rock which owns Which
owns Bitcoin so it’s not a direct you’re
right it’s not a direct ownership of
Bitcoin when you buy
ibit so you have to go for faucets I
don’t really know if the SEC is going to
be able to go after all that stuff the
SEC is not having very much luck in
their crypto cases right
now snck is available on liquid Finance
you can borrow snck and use for
collateral that’s a horrible
idea you see us or Biden trying to come
after wallets I don’t actually think B I
don’t actually think Biden’s going to do
anything like Biden’s just letting his
agencies run stuff like Biden is not a
forceful president he he just kind of
like lets his agencies run
stuff uh you can di decent in wallets uh
experts pols call for scrutiny
Venezuela’s use of crypto currency I
mean obviously Venezuela has like the
whole drug cartel human trafficking
thing but I think they’re just looking I
think like the anti- crypto people are
just looking for
excuses yes I do think vchain can reach
still pretty high people keep on
forgetting how high these coin can how
fast these coins can
rise if something were to happen Black
Rock yes they basically just gave your
money back in
USD I don’t know loaning and lending in
like in like a meme coins like super
super risky I I don’t know if I would do
it man I really don’t know if I would do
it yeah but when crypto is boring is
when you should be paying attention
because that’s the time you like either
Buy in or cash out to make money you
don’t really want to buy you don’t
really want to buy crypto when it’s
going up if you buy crypto when it’s
going up you’re not making much money
you want to buy crypto like when it’s
like dropping hit the bottom or like
just almost going up you don’t really
want to buy crypto when it’s like
soaring up like
crazy lending is safe as is there’s no
risk apart from Smart contract getting
hacked that’s mosa is I bit I like
having
insurance I I think you’re fairly I mean
you’re fairly secure with black rock
handling it
obviously but I mean like I said the
like there’s no insurance against the
market going down there’s insurance
against you getting rug pulled but
there’s absolutely no insurance against
the market going down unfortunately so I
I don’t really know how I don’t think
the insurance is just I just don’t think
the insurance is worth that much to me
personally
but you know that’s that’s really my own
opinion other people will obviously have
different opinions from
me so you know take a stab at it take a
I would say take a stab at it you know
take a stab at
it late jobs hours don’t line up with
the stream it’s a good news today and
can we get to 25 cents I mean yeah
eventually lose on trade settle USD
Reserve yeah
I mean BTC and ibit are going to be
fairly the same
price yeah like now is the time
especially if you’re in altcoins now is
the time to be
buying the time to be buying please got
the time to be buying isn’t when
bitcoin’s at like
150k if Putin feels threatened by BTC
then the US will try to stop people from
investing in crypto why it’s not like
the US is trying to help Putin the US
probably doesn’t really care if Putin
feels threatened by BTC or not like
there’s people in the US that are anti-
crypto as
well it’s just that like Russia makes
Russia can make the Russian government
can make uh decisions unilaterally where
the US government can’t make decisions
unilaterally because you know like our
our our system of government’s a lot
more decentralized than like Russia’s
is it is pretty big deal the fact that
it didn’t pump almost at all tells you
how much the market is in
fear I mean not necessarily like news
rarely pumps the market unless like you
have a big name like Black Rock like
news rarely pumps the
market you guys forget BTC is not really
relevant for governments one one
trillion it’s
peanuts well I mean the I mean like the
government auctions off all the BTC it
gets are insured under FDC stocks and
ETFs they insured against like rug poing
they’re not really insured if the market
goes down
though I I mean like sure like it like
but I mean black Rock’s really not going
to rug Pole or anything but if Bitcoin
goes down in price there’s nothing
insuring your ETFs against that like
there’s no insurance against
that and and obviously that’s the main
risk when you buy the the Bitcoin stuff
uh what could Russia seize crypto from
being illegal and somehow use
it I mean the Russian government will
probably use crypto because they crypto
is one of the
ways crypto is actually one of the ways
you fund the war cuz like they they kind
of need crypto for that but I mean like
they just don’t want average Russian
people actually using
crypto they don’t want average Russian
people using crypto because like they
want the ruble to remain strong
unfortunately for them with or without
with or without crypto no one actually
um wants
Ruble no one actually wants rubles
without with or without
crypto um aren’t covered by FD I see it
yet well I mean coinbase is only insured
for your USD deposits it’s not insured
for your crypto deposits like I like
Black Rock and so are the only ones that
are insured for your like ibit shares or
whatever but that’s because it’s Black
Rock yeah but but elas they can
physically seize your gold they can’t
really physically Seize Your Bitcoin
they would have to hack into your wallet
like Gold’s like you know if they want
your gold they can just come to your
house and take the gold you have on the
table like your bitcoin’s not really on
the table it’s still on The Ledger I I
mean it’s still on the blockchain it’s a
little bit harder Russia isn’t hasn’t
been communist since the Soviet Union
fell but I mean realistically like
Russia’s under a dictatorship with
Putin but there are a lot of Putin fans
in the United
States and a lot of Putin fans in the
crypto
crowd for so whatever reason they will
will they ever crack pretty good privacy
I mean they keep on saying they will
with Quantum Computing but I think it’s
going to be like a long
time it’s not over for BTC it’s not even
like it’s still above 60k data Dash is
trying like data Dash is like really
trying to grasp any like a wisp of
relevance right now
remember in August people were saying H
is not doing
nothing I mean te I mean like Bitcoin
did pump to its alltime high in like
November of 2020 it’s a kind of kind of
a fake pump from SBF but I mean we did
get to like 60k in
2020 I don’t think Bitcoin will have 50%
dominance at the top
though I think lows we could see is
around 55 but the economy is showing
cracks and breaking
down I highly doubt the economy is
really just going to collapse I mean
like people are always predicting
that oh yeah 2021 2021 yeah don’t want
to admit they didn’t pull the trigger
under 20K
I mean definitely should have actually
pulled the trigger under 20K and then
like I mean under 30k under 40K under
50K because Bitcoin like destroyed all
those Fibonacci levels above that I
still think bitcoin’s going to get to
about
150k dude next time it’s going to be
like next time he’s gonna be shouting
about a quadruple top in like two
months cuz like his double top like he’s
shouting about a double top triple top
right now CU it’s double top didn’t work
and now it’s going to be like a a trip
now next time it’s going to be like a
quadruple top and then like a quintuple
top like the Havoc the cycle will the
Bitcoin cycle will work its way it’ll
Pro like we probably will be pretty
bullish for the next year or so and then
we’ll probably
drop I’m pretty convinced it will be
like that discover crypto always say
that dollar is going to zero in their
intro it means that he’s it means
discover crypto has a lot of wishful
thinking
because the dollar isn’t going to zero
anytime soon yeah it’s going to slowly
inflate but it’s done that for like a
100 years
now uh has been a bear since the last
Bull Run
yeah isn’t SBF going after influencer
SBF isn’t doing jack he’s in jail uh but
like the guys that like there was a
there was a class action lawsuit against
F and they’ve turned that attention to
influencers now cuz it’s it’s it’s
costing them too much to actually pursue
SBF and they think they can get more
money from influencers it’s a civil suit
though look Bitcoin is going to have
another crypto winter but it’s probably
not going to happen for like two years
or
something like it’s probably not going
to happen for another two years for the
crypto winter
and we go through a cycle and I still
think the timelines roughly follow the
cycle dude also discover crypto like
that channel kind of like died after bit
booy left like bit booy was like the
main attra bit boy honestly was the main
attraction of that
channel and like without him they don’t
really have anything
Perma bearss got demolished when it
comes to BTC yeah because they didn’t
stop being bears like soon enough they
should have like you needed to be Bears
up until basically like FTX collapsed
and then after FTX collapsed they needed
to stop being bearish cuz that just
wasn’t going to
work is really decentralized like four
mining pools I mean it’s not like it’s
about as decentralized as you get for
cryptos in terms of like distribution
and stuff
I I don’t think you’re going to get I
don’t know if you can get like a truly
super decentralized crypto on all
aspects because like the founders are
always going to have like a lot of
cryptos the the founders of coins are
generally going to have a lot of the
coins um and for proof of work cryptos
it’s like economies of scale are just
way too
strong yeah TJ and then didn’t really
have much of a
business after Ben
left I mean to be fair Ben isn’t nearly
as
um to be fair Ben isn’t really nearly as
uh popular as he was on his old Channel
but he did get the bit boy um he did get
the bit boy name back I guess
I think we could top out at the end of
the
year we could I think it’ll be I think
it’ll be early next
year but like it could be the end of the
year I guess
I wonder if there’ll be like a new thing
for the
C I wonder if there’ll be like a a new
thing that comes up after crypto not
going to drop interest rates anytime
soon no he’s not I think the first
possible rate drop now is like in August
I mean the inflation thing isn’t coming
down you got to get you got to get gas
prices to come down gas prices just
really aren’t coming down making his
foundations Rich uh whenever they pump
they just on the newbies yeah cuz like
the foundation look crypto foundations a
lot of times they make money on these
Partnerships but the invest the crypto
the people that buy the crypto may not
actually make
money if the feds drop interest rates by
November or December
do I mean I think they’ll drop once or
twice this year I mean the the the
financial climate right now is not
really conducive to dropping rates
the thing is if you’re waiting for 48k
you might get it but it’s going to C you
might get it but it’s going to cost you
cause you to miss the borun which is
like worse obviously the average cycle
bottom to top has been around uh so if
bottom was the top would be Q4 end of
this
year yeah I mean that’s it could be like
it could be end of this year beginning I
I think it’s like end of this year
beginning of next next
year I mean we won’t I don’t think we’ll
see sub 48k again like this like this
cycle we might get it at the bottom of
the next cycle I don’t think we’re going
to do get it this cycle though
like I I actually think the I think I
actually think the high interest rates
is probably like like a I actually think
that you high interest in the US are
actually hurting other countries more
than the US
because it makes it harder for their
currency to actually compete that’s one
of the reasons why like the that’s why
what that’s one of the reasons why the
dollar Index is going up is actually
that’s one of the reasons why the dollar
is so strong right now the high interest
rates from the US is actually harder for
other countries than the us because like
the higher interest rates wants makes
other people want to buy the dollar or
bonds does casa have liquidity I mean
not that much you it’s it’s I mean like
there’s there’s exchange listings so
yeah but you can’t have like liquidity
for an ecosystem without an uh without
without an
ecosystem so they going to launch a
Bitcoin ETF do you think that this SEC
Su well Hong Kong’s not bound by the US
SEC Hong Kong doesn’t really care what
the SEC thinks
it’s hurting people that actually need
to borrow a lot of money it’s not really
hurting me because I I don’t have a huge
amount of loans or I don’t have any
loans actually so like it’s like if you
need to borrow a lot of money yeah it’s
going to hurt you but I don’t really
like I’m middle class and I don’t need
to borrow a huge amount of money so it’s
not actually the the the interest rate
is not actually hurting
me Casper has lot of C liquidity but
certainly zero defi
liquidity I mean it can have defi
liquidity it doesn’t have
defi like if you are someone that pays
off their credit card and you don’t have
to have huge loans for a house or a car
you’re actually not hurting that much
for a higher interest rates because you
don’t need to borrow
money like if you have a VAR if like if
you have a variable rate mortgage which
I have no idea why would you ever have a
I don’t like I which I don’t really know
why you would ever get a variable rate
mortgage yeah then you’re kind of
screwed same thing if you have a
variable rate interest for a
car
but it hurting college students it it
depends like it it does like unless you
got like I mean college students have
ways to get grants and Loans
though it is hurting college students CU
like CU they do actually have to borrow
for student loans
you see ethereum heading this cycle as a
Max
price I see about
10K if you know we’ll go down from here
yeah but like you know like but you know
when interest rates were at like 2% why
would you take a variable rate loan that
makes like no sense at all
yeah I mean that’s what I do too I I use
my credit card to buy stuff and I pay by
I pay my uh credit card off each month
also the credit card rates haven’t
really changed because the credit card
rates are always like abnormally
High dude Bluegrass man people are
spending like crazy what do you mean
people aren’t spending people like
consumer demand isn’t that isn’t down
people are obviously
spending even adjusted for inflation
they’re spending a lot of money like
your your statements are not cooperating
with
Statistics Manufacturing in the US has
always been kind of screwed if not
anything else it’s being replaced by
robotics dude it’s absolutely true
inflation would be coming down if
consumer demand was down consumer demand
isn’t down
like if you didn’t if people weren’t
buying stuff prices would be coming down
the whole the whole reason that the one
of the main reasons prices aren’t coming
down is because people are still buying
stuff so people are definitely
spending the international news Russia
actually might buy crypto I mean I mean
not buy like Russia might actually like
ban crypto
altogether yes that’s why like that’s
why you think the economy is bad because
you are in a sector of the economy
that’s been going down since like the
1970s yeah but Perry even for like
Leisure things like travel like like
spending is not really
down you’re not in one of you’re not in
one of the many sectors that’s like
massively expanding like technology or
it or Healthcare or like any one of
those people in those sectors are doing
really well you’re you happen to be in a
sector that’s been going down for like
the last 30 40 years stagflation I think
I think the fears of stagflation are
overblown but it it’s it is a
risk I mean like yeah people have to buy
stuff to survive they don’t have to buy
giant TVs to survive but they’re still
buying those
things I think credit card debts like a
trillion or something like that but
credit card debt has been going up
forever in the
states like the the American system is
built on
credit to actually to control like
credit card debt you actually do need
High interest
rates right now we’re not really in a
recession we might go into one but
people have been like people have
honestly been predicting that for a long
time
gas and food inflation I mean food’s got
up for sure gas is incredibly variable
cuz gas like gas was the same price as
it was when I graduated from college
because it was really high then as
well you think another could happen it
won’t happen exactly like 2008 I still
think there’s too much demand for
residential property it’s really hard to
get the housing cost
down yeah but J I think I think Pal’s
trying to do that I actually do think
Pal’s actually trying to do
that because he wants to he wants to
kill in he wants to hurt inflation so
the only way that he hurts inflation is
driving us into recession
like I think Pal’s been I think Pal’s
actually been trying to drive us into
recession for like the last two years at
this
point on a 7 I mean that’s a that’s a
huge
loan dude pal has not been printing
money for years
now I mean theoretically Bitcoin should
increase in price for inflation but a
lot of times it just doesn’t
yeah but 5800 on 750k loan isn’t really
that like isn’t really that surprising I
mean like I said you live in Cali it’s a
really it’s a really expensive part of
the country
what be the Catalyst for Bitcoin
dominance to
drop you need altcoin you need altcoin
you need altseason to arrive that’s
what nah I I don’t think Q is going to
come back anytime soon like it might be
like 2020 6 or something but it’s not
going to come back anytime soon like the
predictions of QE just keep getting
pushed back further and further back
people thought we were going to get it
this year for the election but we’re not
going to get it for the
election yeah Russia might ban crypto
all together because like Putin is
afraid that like crypto is going to over
like replace the
ruble I I think quarter like GT quarter
after quarter Maybe they have a loss
because like they probably bought a lot
in q1 as well so they might have bought
some at 73k or something like that for
each
quarter there’s a lot of people that
want to live in KCA just mainly for the
weather the the reason people move out
of California is not because of the
wokeness it’s because like they can’t
afford
it that’s the main reason people are
moving out of California cuz they can’t
afford living in
Cali if you look at the population
density if you look at the population
density difference between California
and
Texas like that’s why they’re moving to
Texas because there’s not as much
population per acre as in Texas so so
obviously like the uh the land’s going
to be
cheaper think he’s going to win
today uh I mean the Nuggets I think are
going to win the series series I don’t
know about today yes I’m still bullish
on
BTC I’m not going to get any avax but I
I don’t think avax is a bad buy I mean
it’s it’s getting some adoption at least
so avax is a decent
buy and that’s why I will never move to
soulcal it’s like way too damn expensive
to move to
soulcal since uh 45 bucks I see Has any
team come back nope
never look I I I highly doubt the Lakers
are going to come back like you
realistically the series should be 3-1
the other way because the Lakers blew
like gigantic leads that they
had like they don’t the Lakers can’t
finish a game right
now 2500 for a two-bedroom apartment in
my town I mean that’s more expensive
than it is here but like for Cali if if
you’re in Cali that’s actually pretty
cheap now the wolves look good because
the suns are horrible you can buy three
houses in the Midwest for the same price
in account you can you like a 750k house
would be really nice in the midwest I
mean not so much in Chicago but like
here definitely indirectly helping
inflation when raising rates if
businesses raise prices to to adjust for
high I don’t think businesses actually
raise prices to for higher interest
rates I think businesses are just less
likely to spend money by borrowing money
when interest rates are up like what
what raising rates does it restricts the
flow of money so it’s harder to get
loans so people can’t have enough so
people can’t get loans to buy stuff so
it’s it’s supposed to restrict demand I
don’t know if it actually does or not
right now but still
more more to
California yeah C’s really expensive I
am bullish on avax longterm but I’m also
doing research on new coins like sui and
I mean new coins definitely have more
potential for SEI because people are
looking for the shiny new
thing yeah LeBron’s going to retire
within three years I also like I also
don’t think I think Brony should stay in
school for a year or two more more
though I mean LeBron’s going to be like
40 years old this year so like he he’s
reaching the end like his best days are
definitely behind
him Suns then that really had a meltdown
in game three I my Lakers but no way
I’ll behave like that dude the suns are
horrible man the Lakers are a better
team than the Suns although like the
Lakers the Lakers meltdowns in the third
and fourth quarter are like horrible to
watch cuz they’re like literally up by
20 points Point like in mid third
quarter and then they
lose yeah like people who are saying
that KD is better than Durant I mean I
mean KD is better than LeBron no no way
man like KD’s career is nowhere near
what LeBron’s was with LeBron on Knicks
and their Championship contenders
probably but it’s hard to replace Julius
Randall with LeBron
really hard to replace Randle with
LeBron
man still this like LeBron’s like the
second best player ever behind
Jordan also like also like the the suns
are like realistically the suns are just
screwed man they’re like the suns are
just completely screwed they are so
capped out like the suns are so so
capped out man they are so screwed for
like the next 10
Years bro Kevin Durant played on like
the most super team
ever like Kevin Durant literally played
on the most super team
ever and it’s not like he didn’t form
his own Super
teams I if uh like that’s how that’s how
KD got all his Rings he played on the
most super team ever the team that won
before he got there the team that won 73
games before he even joined
them hoping for I feel the Knicks are
playing better without Randall I mean
Randall’s not a bad player I don’t know
if he actually fits the Knicks though
you know what the Knicks should just
draft bronny to get LeBron I miss the
avax news um yeah so the avax news is
the stripe actually integrated avac so
like they’re going to be using avac for
payments as well
dude the Sun the construction of the
sun’s roster is just bad there there’s
like there’s literally no way around it
the construction of the Suns roster is
just like really really
bad is soie I don’t think there’s going
to be a salonic killer like I think
people are too obsessed with like X is X
killer but like yeah like like
um I mean SOI can just be its own thing
it doesn’t need to be a salonic
killer yeah but the but the Suns con the
construction of the Phoenix team is just
bad there’s just there’s no getting
around the fact that the construction of
the Phoenix Suns team is just bad like
they’re too
small they’re they’re way too small they
can’t do anything
like KD was playing the four yesterday
and even though KD is tall he’s not he’s
not a
four he should never play the four he
can’t play the
four LeBron can play the four but
LeBron’s like a lot like like a lot like
more Stout than he
is KD is still like a skinny shooter
haul in haul in on suie if you want
69ine fully tatted I
see they don’t have a bench whatsoever
CU they have Bradley be Kevin Durant and
like uh and Booker and even though
Durant and Booker are really good they
don’t have a top five player on that
team and Beal’s washed that’s the other
thing Celtics are going to make it
they’ll make they’ll probably make it to
the finals but I don’t know if they can
beat the Nuggets I think it’s going to
be Celtics versus
Nuggets I still favor the Nuggets hard
to see real estate market Fall when
there’s so many people coming to the
US it well those people aren’t going to
be able to afford houses but like
there’s there’s a lot of like even
without the immigrants there’s a lot of
people that want even without the
immigrants there’s a lot of people that
actually want
housing kg or
KD I don’t know man for the I mean in
their Prime I mean KD like a playerwise
I think KD was better in his prime but I
might want kg just for the
leadership yeah but King David that
might not be great unless you sell the
house because if it’s apprais at 700k
that means you just have to pay more
property
taxes I’d rather they if I’m not selling
my house if I plan to live in my house
I’d rather they appraise it for 400k
than 700k cuz that means I just pay less
property taxes hell I’d rather they
appraise it at $2 so I don’t have to pay
any property
taxes good player and a bad team that
needs to learn how to be a role player
on a great
team I mean he’s just kind of a shooter
and if he I mean yeah he’s just I mean
he’s just a pure shooter basically
I think like all in all KD like KD KD’s
Prime like KD in his prime is a better
player than kg but kg’s like I think
like kg is just more of a baller like
and some people would some people would
much rather have
that a good player on a horrible team
actually oh yeah Washington but not like
Phoenix isn’t a horrible
team like Phoenix isn’t a horrible team
he’s just not a great
team you just got to wait for everything
to I don’t know like with the housing
prices as they are right now like I I
don’t know if it’s like viable to
actually buy a house ready for the Bull
Run no one’s expecting look I’m just
waiting man I’m just waiting Ada merge
with
ethereum why would ada8 merge with
ethereum that doesn’t make any
sense don’t really understand why it
would merge with
ethereum yeah but like L show for life
like Bradley Beal at this point in his
career was like is like a is a is like a
number three option at best like Beal
was never like a number one option guy
on like a decent
team he was like a he was like a decent
two at most even at his best cuz like I
never considered Bradley Beal like an
elite
player how about Klay Thompson does he
stay or go like dude Klay Thompson’s
washed man he he’s he’s actually washed
if cardano will get an
evm cardano should get an evm like I I
don’t I don’t think like many cardano
people disagree with me that they should
get an e evm
like cardano most definitely should get
an
evm then washon say back back injuries
he’s literally playing on one leg
basically
yeah look that whole team like look the
whole Golden State team aside from
Draymond aside from Steph is
washed like literally the entire GS like
Warriors team aside from Draymond is
washed I mean aside from not Draymond
aside from steep is washed draymond’s
washed like draymond’s washed Clay’s
washed the rest of those guys suck they
just they need to start over man they
need to start over they not winning any
they not winning any more championships
bro not a huge fan of Charles he’s done
well to bring some attraction to the
coin but he actually needs to like get
over his
ego yes I do think we’ll reach about 10
trillion I do think we’ll reach about 10
trillion MC at the peak of the Bull
Run dude he’s no look Charles wants to
think he’s Steve Jobs he is not Steve
Jobs he’s nowhere close to Steve Jobs
like Charles think that he’s the same
kind of Genius that Steve Jobs is he is
nowhere near Steve Jobs level like Steve
Jobs is like up here he’s like down
here will this impact the market will we
un will the unban again I I think like I
think regular Russian people won’t
really be able to access crypto I think
that’s I I think that’s Putin’s goal to
have like regular to to get regular Uh
Russian people to not be able to access
crypto
because Charles himself hasn’t built
anything like like he’s basically just
he’s basically just the mascot for
cardano he doesn’t develop
cardano it’s always been his developers
that develop cardano I don’t think
Charles is that much of a technical
guy like Charles like he picked the
wrong language he picked Haskell he
didn’t even know what Haskell was and he
picked it because he heard from some guy
that it was really secure and now he’s
kind of regretting his decision because
he didn’t know what the hell it
was no v no no no no no you want aerod
Drome you want Aerodrome like I think
Aerodrome is a fork of Vel Drome but
aerod Drome is the main decks on
base Steve Jobs also wasn’t dumb enough
to lie about his education for no
apparent
reason is adopting the Steve Job by
demanding that cardano operates as an
insulated ecosystem
yeah see that’s not going to work
interoperability is going to be
key yeah but China still doesn’t allow
exchanges on the
mainland yeah and we need to like hurry
up and like fill the mode like we need
to get voltera so we can vote and fill
the damn mode up and stop listening to
him because we actually need the we need
to bridge other we need to bridge to
other chains will rise in interest when
regulations
I don’t actually think the SEC will
actually be um successful in trying to
fight
defi look look I like cardono I’m not a
huge fan of Charles’s personality his
ego is just way too big and he doesn’t
really see like he he doesn’t see ey to
ey with Ada
investors I think Steph is gonna stay
with GS I think he’s like I think he’s
Golden State for life I definitely think
I I think Steph is going to stay 100%
think cardano was it I mean I think so
but cardano like they need to change
their way of thinking they like cardano
needs to realize that they need
liquidity more than anything else like
they need they they they basically need
a new guy like making
decisions yeah they definitely need usdc
at this
point like they need USD they need an
evm they need to get liquidity they need
to get projects on their chain that’s
how they
grow that’s how they’re going to grow
like none of this like other crap they
they need a lot they actually need a lot
of this stuff to come on
chain yeah it’s better than xrp because
they actually have like they actually
have an ecosystem like xrp is years
behind on the amm
stuff I think they is like a salana
following look cuz salana doesn’t have
like all those like crazy ass conspiracy
theories that xrp did everyone knows
what salana
is self custody do we have a reason to
worry I personally don’t I don’t think
they can ban self custody if they try
it’ll they’ll hilariously
fail so I don’t think they can ban self-
custody that just that’s just not going
to work I don’t see how that even
remotely Works to ban to try to ban
self- custody they might try it but
they’re going to
fail well base launch an own token not
anytime soon
no well the thing is xrp just didn’t
really get adoption in their their
primary use case SEC or not they didn’t
get adoption here and they didn’t get
adoption like over
SE yeah I still think Ledger is probably
the best self-
custody oh the Putin thing because uh
Trump likes Putin so conservatives like
so Republicans like Putin that’s
why there doesn’t really need to be a
good logical
reason yeah yeah but the numbers like
Masco shot the numbers basically don’t
spell out what like Moon Lambo
wants because there’s there’s like
basically only small remids companies
adopt xrp
so yeah like it’s not it’s not like it
has that much
adoption all right guys that’s going to
be it for today like And subscribe hit
the Bell notifications button I will be
back later today and I will see you guys
later yeah exactly like no one’s

#crypto #bitcoin #news

Russia may ban crypto. Avalanche integrates with Striple
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ADA

addr1qyp0ap6glhn20zlkrf6kk6elr8up8wtd096s4dtw4dc400fhvw8gqrh7t7jrewqwaj33pzt0e3vuzgukwyrzdp4j8e4qgqeddx

Solana:
EQ6wKcRTWkX1jPTsHEd11VzEmRQXaUpb9FaFEYvbcohL

Vechain
0x41aea376d651d90d53f76ce280c05855db105007

Hbar:

0.0.5076747

Tron

TXJw7F9mZbiXz6EJcpo656BYU7h8mosNEY

ICX

hx52f439bd40bdaa1f13b1a93697d45ad5fa73d36e

Base:
0x8F902AE0156c6693618feDC4f777D8414b3992BB

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