Former RIPPLE Employee & XRP Expert JOINS WADZPAY Heads New STABLECOIN & WTK Surges 25%

Former RIPPLE Employee & XRP Expert JOINS WADZPAY Heads New STABLECOIN & WTK Surges 25%

the US government can’t go bankrupt because we can print our own money hey hey everybody it’s Eddie from Tokyo this is your cryptocurrency update from Japan and that was Jared Bernstein he is an American Economist and he’s also the chair of the United States Council of economic advisors what you’re about to hear it’s just terrifying it obviously begs the question why exactly are we borrowing in a currency that we print ourselves I’m waiting for someone to stand up and say why do we borrow our own currency in the first place like you said they print the dollar so why why does the government even borrow well um the uh so the I mean again some of this stuff gets some of the language that the mm some of the language and concepts are just confusing I mean the government definitely prints money and it definitely lends that money which is why the government definitely prints money and then it lends that money by uh by selling bonds uh is that what they do they they um they yeah they they um they sell bonds yeah they sell bonds right because they sell bonds and people buy the bonds and lend them the money yeah so a lot of times a lot of times at least to my year with with mmt the the language and the concepts can be kind of unnecessarily confusing but there is no question that the government prints money and then it uses that money to um uh uh so um yeah I I guess I’m just I don’t I can’t really talk I don’t I don’t get it I don’t know what they’re talking about like because it’s like the government clearly prints money it does it all the time and it clearly borrows otherwise we wouldn’t be having this that in De conversation so I don’t think there’s anything confusing there the shock of it all boy do we need a change all right here is the market leaning to the green Bitcoin is about to roll over to 62,000 currently up 4% on the 24hour the big winner of the day though really in my portfolio is wads pay it was just a couple of days ago that they were thrilled to announce that the Dubai B based entity of Wads pay had been granted a virtual asset service provider that’s the vasp it’s a license for the virtual asset broker dealer services by Dubai’s virtual asset regular Authority Vara oh it’s a mouthful well it’s really good because the regulatory Authority in Dubai it has very high standards and then we hear that they’re going to launch a stable coin then what really put that candle in a upward motion was the announcement that the former Ripple employee Jason Saria solos is going to lead that project wads pay is currently trading up 25% on the 24hour what I like about wads pay is they are laser focused on a region in the world where they know they can be successful the Ripple CEO Brad gallinghouse put out a tweet today that there are new native capabilities to projects building on The Ledger and the momentum is growing he gave a great shout out to the xrp Gold Coast which just happened in March from the 22nd to the 24th he talked about Las Vegas which started today and The xrp Ledger Apex in Amsterdam from June 11th through the 13th if you have har bar in your portfolio I’ve got a clip for you that talks about how much Black Rock knew about the ETF built on hyera and then following that well there is no second best according to Michael sailor even if you don’t own Bitcoin this is interesting to see some of the key opinion leaders in the space talking on stage especially when they are a maxi all right everybody do take care sign on for now bye-bye it’s kind of you know some people on you know some people on crypto Twitter like how involved were they I mean it’s kind of one of those like what does that really mean like I’ve been talking to them for years I have great respect for them they couldn’t have dealt with everything more professionally they’ve been super open and honest in every dealing with us and we’ve tried to do the same with them um they were aware of what we were doing we made sure we followed what they required of us in the press release and you know and that’s it so involved no aware certainly um and hopefully you know through this relationship will demonstrate some of the advantages of of putting assets on chain I mean they’re fully aware of it the Black Rock team are ahead of the game I’d say compared to a lot of other invest managers there’s uh there’s no better way no no way I’d prefer to start the day than talking about Bitcoin and uh why there is no second best what’s the best crypto proof of work asset Bitcoin is the best how how good is it it’s 97 % of all of the market cap of crypto proof of work after Bitcoin you have to go all the way down to Dogecoin literally a joke literally a joke created over the weekend buying by an engineer as a joke to find the second best obviously there is no second best proof of work asset but you know what there’s no second best crypto bitcoin’s the best crypto asset now why is it the best crypto asset because it’s increasingly clear that no other crypto token is going to achieve institutional acceptance this decade Bitcoin is the only crypto that’s going to cross the chasm you could see the writing on the wall when the spot ETF of Bitcoin was approved in January by the end of May you’ll know that ethereum is not going to be approved and when ethereum is not going to be approved sometime this summer it’ll be very clear to everyone that ethereum is deemed a crypto asset security not a commodity after that you’re going to see that ethereum BNB salana Ripple cardono everything down the stack is just a crypto asset security unregistered none of them will ever be wrapped by a spot ETF none of them will be accepted by Wall Street none of them will be accepted by mainstream institutional investors as crypto assets this is the one universal consensus accepted institutional grade crypto asset in the world there won’t be another one this decade I can’t speak to 20 30 40 50 years out anything can happen that far out but between the year 2024 and the year 2030 the die is cast the writing is on the wall this is the winner there is no second best and Bitcoin is digital gold it’s sort of true but it’s not a very good narrative why because if you talk to a thousand billionaires and you say well how many of you how many of you made a billion dollars investing in gold the answer is zero and if you go to a thousand wealthy families and say now that you’re wealthy you know are you going to go buy a billion dollars of gold the answer is no and you say well we’ve got digital gold it’s great it moves at the speed of light it’s programmable you can teleport it it’s great and and they go well that’s that’s nice but I don’t own any gold okay I can’t find anybody that owns gold the people that are Advocates of gold don’t own gold Peter Schiff on the record has spent 15 years advocating gold and when you ask him Peter do you own any gold he’s like oh no I don’t own gold it’s a very small part of my portfolio Okay so find me someone that actually owns gold that you could even debate on the topic and the answer is it just seems to be 1 to 3% odity you know in any portfolio so yeah Bitcoin is the best commodity but the truth is all Commodities are dogs and Bitcoin actually fixed the commodity but that but that word commodity is a dirty word every intelligent business person every intelligent investor knows that you should run as fast run don’t walk away from Commodities what’s the best Capital asset Bitcoin what’s the second best there is no second best now we’re in the era of institutional adoption institutions corporations and investors are going to define the future of this network from one trillion to 100 trillion and that’s appropriate right from 20 2008 to 2020 the network went from zero to 100 150 billion and between 2020 and 2024 it went from the 150 billion to 1.4 trillion so you can see how this is lining up of course institutions and corporations are going to join this network they have all the money it’s a monetary Network right at the end of the day you have a monetary Network then people with all the money that run the money that need the money are going to join the network so in summary like bitcoin’s the best idea there’s no more powerful idea than the digital transformation of capital right what are you going to do with this well you’re going to improve your life your family your product your service your company your institution your government or your world right and prove them all right it’s pretty straightforward how you do it you’ve got Pure economic energy it’s not the solution to every problem in the world it’s just the solution to half the problems in the world but every other problem in the world you’re going to need economic energy or economic power to solve it and this is how you harness and channel that power no force on Earth can stop an idea whose time has come this is an idea it’s time has come it’s Unstoppable and so I’m going to end with the observation that Bitcoin is the best the best what the best it’s the best on it’s the best idea once you found the best idea everything else you can invest your time which is scarce or your energy which is scarce everything you can invest your time and your energy in is dilutive everything else so what do I suggest I suggest study Bitcoin buy Bitcoin hold Bitcoin build on bitcoin Advocate Bitcoin defend Bitcoin and then you can enjoy Bitcoin so Bitcoin there is no second best thank you

#XRP #michaelsaylor #Ripple #Blockchain #btc #wtk #wadzpay

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