WEBVTT

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<v Speaker 1>The FDIC is making a huge update to their guidelines

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<v Speaker 1>to allow banks to participate with crypto. This is big

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<v Speaker 1>as it follows the repeal a SAB one two one

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<v Speaker 1>and very bullish. And Blackrock is expanding it's bigcoin ETF

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<v Speaker 1>to Europe. And you won't believe what's happening to the

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<v Speaker 1>SEC lawyer who's been working on the Ripple case, it's

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<v Speaker 1>really funny. I'll give it to details. Let's get into it. Hey, everybody,

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<v Speaker 1>welcome into the Thinking Crypto podcast, your home for cryptocurrency

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<v Speaker 1>news and interviews. I'm your host, Tony Edward. On your

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<v Speaker 1>way in, Please at that subscribe button as well as

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<v Speaker 1>a thumbs up button and leave a comment below. If

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<v Speaker 1>you're listening on a podcast platform such as Spotify or Apple,

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<v Speaker 1>please leave a five star rating and review. Folks, we

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<v Speaker 1>are seeing macroeconomic signals that are pointing to the FED

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<v Speaker 1>is going to return to quantitative easing soon. I'm not

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<v Speaker 1>the only one seeing this. There are many credible sources

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<v Speaker 1>who are highlighting this, and the big one that a

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<v Speaker 1>lot of folks are flagging is that the Federal Reserves

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<v Speaker 1>Reverse Repo facility hit their lowest inventory in three hundred

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<v Speaker 1>and eighty five days today. So this signal is that

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<v Speaker 1>they're going to have to print guys. And even Bill

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<v Speaker 1>Barrheight of Abro, retweeted this saying, quantitative easing is coming.

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<v Speaker 1>They may have ten different names for it, but it's coming.

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<v Speaker 1>Protect yourself. And even Spend Heinrich, who's a well known trader.

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<v Speaker 1>I've had him on the podcast last year. He says,

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<v Speaker 1>I don't even know every plot twist in this movie,

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<v Speaker 1>but I know it ends with QE. So, folks, over

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<v Speaker 1>the past two years, we've been talking about Janet Yellen's

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<v Speaker 1>liquidity injections. We've been talking about the Fed's path towards

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<v Speaker 1>going back to money printing, because that is the status quo,

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<v Speaker 1>that is the Fiat money system we live in. And

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<v Speaker 1>you may say, well, what does this have to do

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<v Speaker 1>with crypto, Well, remember all assets are correlated to global liquidity.

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<v Speaker 1>The reason global liquidity rises is they continue to print

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<v Speaker 1>money and inject it into the system. Whether it be China, Canada,

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<v Speaker 1>the United States, and whichever other countries, they all have

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<v Speaker 1>to do the same thing. Now it's boom and bus cycles, right,

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<v Speaker 1>and I've been telling you guys, we're entering the next

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<v Speaker 1>boom cycle. They're going to go back to printing, and

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<v Speaker 1>that's why all the debt ceilings that they keep raising.

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<v Speaker 1>They're gonna have to service that debt somehow, and they've

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<v Speaker 1>been on the path to it. It's been taking years, obviously,

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<v Speaker 1>but this is where you have to have a macro

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<v Speaker 1>view and be patient when you're investing, because we are

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<v Speaker 1>going from quantitative tightening. We saw they pause rate hikes,

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<v Speaker 1>they started cutting rates, and obviously they're going to fire

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<v Speaker 1>up the money printers. So many folks are recognizing this,

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<v Speaker 1>and I hope this is helpful that you understand why

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<v Speaker 1>we have to diversify into assets and crypto, as Paul

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<v Speaker 1>Tudor Jones said, is the fastest horse in the race.

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<v Speaker 1>Yes you can invest in stocks, Yes you can invest

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<v Speaker 1>in real estate and gold and precious metals, but nothing

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<v Speaker 1>moves faster than crypto. You get a higher return. This

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<v Speaker 1>is how we outpace the the basement and the inflation guys.

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<v Speaker 1>So hope you understand that. Now big news coming out

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<v Speaker 1>of the fdiice many of you know the SEC recently

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<v Speaker 1>repeal saw one to one, which now allows the banks

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<v Speaker 1>to hold crypto. But the other part of that is

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<v Speaker 1>the insurance right you got to have the FDIC in

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<v Speaker 1>line as well, so that these banks can participate with Bitcoin, crypto,

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<v Speaker 1>stable coins, and much more so. Reports are coming out

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<v Speaker 1>here that the FDIC plans to revise crypto guidelines and

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<v Speaker 1>allow banks to engage in crypto activities. The FDIC aims

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<v Speaker 1>to allow banks to engage in some crypto activities. Banks

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<v Speaker 1>met with officials to discuss crypto custody, tokenized deposits. Do

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<v Speaker 1>you see what's coming? Do not get distracted by the

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<v Speaker 1>price volatility that we're experiencing right now. A lot of people,

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<v Speaker 1>I'm starting to see the sentiment. They're getting bearsh they're

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<v Speaker 1>getting tired, they're getting frustrated. But this is part of

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<v Speaker 1>the cycle, guys. You got to be able to stomach

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<v Speaker 1>through it. It is a roller coaster ride on the

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<v Speaker 1>way up. But if you have a macro view and

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<v Speaker 1>you dolo cost average in you buy the blood on

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<v Speaker 1>the streets and you are patient, you will make incredible returns.

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<v Speaker 1>Now my portfolio is up, guys, even though I wanted

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<v Speaker 1>to go higher, but I understand that, Hey, look, this

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<v Speaker 1>is part of it. I bought the Blood in twenty

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<v Speaker 1>twenty two in the bottom when FTX collapse and much

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<v Speaker 1>more even in January twenty twenty three, and now my

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<v Speaker 1>portfolio is up significantly. I'm sure many of you who

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<v Speaker 1>bought at that point you are up significantly. But it

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<v Speaker 1>runs in phases. You can't have a continual pump and

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<v Speaker 1>pump and pump. That's not how markets work. And you

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<v Speaker 1>have to understand the global liquidity part and all these

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<v Speaker 1>different things. That's why I try to give you the

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<v Speaker 1>full pitcher, guys. I give you all the puzzle pieces

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<v Speaker 1>to help you understand what's happening here. But this is

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<v Speaker 1>very bullish news. The banks are going to bring in

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<v Speaker 1>a ton of capital when they are able to custody

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<v Speaker 1>it and create financial products, and they're going to go

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<v Speaker 1>pitch it to all their customers, both institutional and retail.

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<v Speaker 1>It's going to bring in a lot of capital. We

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<v Speaker 1>still have higher prices to go. The bull market's not over, guys,

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<v Speaker 1>and check this out. Black Rock is expanding. So Blackrock

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<v Speaker 1>they're bearish and they're crying right now. They're like, go,

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<v Speaker 1>oh man, the price is not moving. No, they're expanding

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<v Speaker 1>their building because they know this thing's not done yet.

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<v Speaker 1>So Blackrock is launching bitcoin ETFs in Europe, and they

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<v Speaker 1>said here the fund will likely be domiciled in Switzerland

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<v Speaker 1>and could start marketing as soon as this month. Blackrocks

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<v Speaker 1>I Share Bitcoin Trust is the largest US ETF tied

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<v Speaker 1>directly to bitcoin, with fifty eight billion dollars in assets,

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<v Speaker 1>and the firm is a leader in exchange traded fund issues,

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<v Speaker 1>managing over four point four trillion dollars in assets. So

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<v Speaker 1>we know Blackrock is the world's wealthiest asset manager and

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<v Speaker 1>their ETF has been blowing all the records out of

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<v Speaker 1>the water, the fastest growing ETF in the history of ETFs.

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<v Speaker 1>So they see what's on the horizon. They're expanding globally.

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<v Speaker 1>They launch an etherem ETF. They're gonna launch other ETFs

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<v Speaker 1>once the SEC gets it approved, Solona, XRP and much more.

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<v Speaker 1>They know what's coming, guys, now check this out. Micro

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<v Speaker 1>Strategy Michael Sailor's Micro Strategy has rebranded to Strategy, so

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<v Speaker 1>they drop the micro and of course their slogan is

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<v Speaker 1>Strategy is the world's first and largest bitcoin treasury companies.

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<v Speaker 1>So really interesting move here by Michael Sailor. And one

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<v Speaker 1>of the things I've been telling you guys, you know,

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<v Speaker 1>I am a bit concerned with all the leverage they're using,

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<v Speaker 1>so hopefully everything works out well for them. I don't

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<v Speaker 1>have a problem Michael buying bitcoin, but if you're using

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<v Speaker 1>excessive amounts of leverage, Historically, the history of markets has

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<v Speaker 1>shown us that that is not a good thing. Look

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<v Speaker 1>at two thousand and eight and different things. Right, So,

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<v Speaker 1>but I'm hoping nothing bad happens and it works out

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<v Speaker 1>when the bear market comes. I think he'll be fine. Now,

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<v Speaker 1>bull market, the price goes up and all that. But

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<v Speaker 1>let's see what happens when the bear market comes. Now.

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<v Speaker 1>Remember Jorge Tanaro, the SEC lawyer who's been you know,

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<v Speaker 1>attacking Ripple, lying here and there, some hypocrisy here and there. Well,

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<v Speaker 1>you know, I told you guys the other day that

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<v Speaker 1>the SEC is pretty much dismantling its crypto enforcement unit

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<v Speaker 1>and Orgey has been moved to the IT department. When

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<v Speaker 1>I read this, I just bust out laughing. This is hilarious,

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<v Speaker 1>this guy man, and he's been trolled, you know, over

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<v Speaker 1>the years because of all the things he said. But

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<v Speaker 1>you know he was doing Gary Ginster's dirty deeds, and uh,

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<v Speaker 1>of course, but you got to have some sense of

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<v Speaker 1>understanding and morality and not do all the shady stuff

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<v Speaker 1>he and Gainser were doing. But maybe him Gainstter are

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<v Speaker 1>best friends or something like that, and even Ripples Stewart

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<v Speaker 1>Aldaradi tweeted out. Sources say Jorgey Tenaro has been reassigned

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<v Speaker 1>to Macro Data refinement. Oh man, all these guys gainst Their,

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<v Speaker 1>Elizabeth Warren, Jorgey and whoever else that were attacking the

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<v Speaker 1>crypto industry, they have been defeated, embarrassed, and they're gonna

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<v Speaker 1>be long gone. This industry is here to stay. I've

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<v Speaker 1>often said that Elizabeth Warren and Gary Ginter were on

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<v Speaker 1>the wrong side of history. And here you go, folks,

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<v Speaker 1>all of this is coming to fruition guys. Quick word

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<v Speaker 1>from our sponsor, and that is Uphold, which is a

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<v Speaker 1>great crypto platform I've been using since twenty eighteen. Uphold

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<v Speaker 1>has three hundred plus cryptocurrencies you can buy, so all

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<v Speaker 1>trade Bitcoin and the top all coins. Best of all,

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<v Speaker 1>they are fully reserved, They don't commingle or lend out

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<v Speaker 1>your funds, and you can review their transparency reports. So

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<v Speaker 1>this platform you can trust. And once again I've been

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<v Speaker 1>using them for years, and they launch a rewards program

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<v Speaker 1>where you can get up to five point two five

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<v Speaker 1>percent on stable coins, and the only thing you have

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<v Speaker 1>to do is open the app once per month, deposit

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<v Speaker 1>fifty dollars and trade fifty dollars once per month, and

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<v Speaker 1>then you get access to the to earn this yield

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<v Speaker 1>and also early access to new tokens that are listed

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<v Speaker 1>on Uphold. So the stable coins support is ripples r

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<v Speaker 1>L USD, USDC, that circle P Y USD, so those

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<v Speaker 1>three you get five percent and you get five point

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<v Speaker 1>twenty five percent on USBC. Really great rewards program here,

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<v Speaker 1>and if you caught my interview with the CEO of Uphold,

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<v Speaker 1>they're not doing anything shady here to get the yield,

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<v Speaker 1>not like what you know some of these other exchanges

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<v Speaker 1>and platforms did years ago. This is legit and they're

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<v Speaker 1>using the top of the level of security and safety

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<v Speaker 1>and all that. So if you'd like to learn more

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<v Speaker 1>about Uphold, visit the link in the description. Now, guys,

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<v Speaker 1>yesterday I talked about David Sachs press conference, and I

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<v Speaker 1>told you, guys, it was a big win, even though

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<v Speaker 1>some people are disappointed. They were expecting a whole bunch

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<v Speaker 1>of other stuff. But I mentioned that look, government takes

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<v Speaker 1>time to do things, and the fact that you have

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<v Speaker 1>all these different government agencies and factions joining together to

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<v Speaker 1>form a kind of crypto council is incredibly bullish. It's

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<v Speaker 1>something that's not been done before, and I see this

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<v Speaker 1>as a great foundation, rate start that is going to

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<v Speaker 1>get us to where we want to. And even Ripple

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<v Speaker 1>CEO Brad garling House weigh in saying any criticism of

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<v Speaker 1>today's press conference is absolutely missing the forest for the trees.

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<v Speaker 1>Having the Chair of the Senate Banking, the Chair of

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<v Speaker 1>the House Financial Services, the Chair of the Senate Agriculture,

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<v Speaker 1>and the Chair of House Agriculture joined the Crypto Zar

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<v Speaker 1>to commit to passing legislation for crypto clarity is one

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<v Speaker 1>hundred percent a big deal and something we haven't seen before.

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<v Speaker 1>Spot on, guys. So we got to be patient and

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<v Speaker 1>as Brad says, don't miss the forest for the trees.

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<v Speaker 1>This is a huge win. Now moving ahead, we got

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<v Speaker 1>big news around Onto Finance. Remember just recently, Onto Finance

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<v Speaker 1>partner up with Ripple to tokenize one hundred and eighty

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<v Speaker 1>five million dollars of US Treasury offerings on the XRP ledger.

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<v Speaker 1>So Onto Finance launches tokenization platform for open on chain

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<v Speaker 1>access to US securities. So this is pretty big. So

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<v Speaker 1>the new platform is designed to open up on chain

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<v Speaker 1>exposure to US public securities such as stocks, bonds, and

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<v Speaker 1>exchange traded funds. Guys, what have I've been telling you

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<v Speaker 1>for years? Right, They're gonna put everything on the blockchain.

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<v Speaker 1>The economy and the markets will be running on a blockchain.

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<v Speaker 1>It doesn't happen overnight, doesn't happen in one or two months.

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<v Speaker 1>It's gonna take years. But the groundwork, the pipeline is

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<v Speaker 1>being laid here. Please don't miss what's happening. And you

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<v Speaker 1>want to make sure you're taking your bets on the

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<v Speaker 1>blockchains that are being adopted, whether it be by the

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<v Speaker 1>government or these trad FI institutions like black Rock and

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<v Speaker 1>so forth. So they're gonna put everything on the blockchain.

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<v Speaker 1>It's the token economy. I've been telling you guys for years,

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<v Speaker 1>and we're gonna have twenty four to seven trading, no

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<v Speaker 1>more opening and closing bill. Truly global markets and secondary

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<v Speaker 1>and tertiary markets will be able to be opened because

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<v Speaker 1>of the tokenization. Because you can fractionalize, you can do DeFi,

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<v Speaker 1>you can wrap these assets things you can't do now

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<v Speaker 1>right in an analog or semi digital world with stocks,

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<v Speaker 1>but put them on the blockchain. It opens up a

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<v Speaker 1>world of opportunities. So here is a quote what stable

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<v Speaker 1>coins did for dollars. Onto Global Markets will do for

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<v Speaker 1>securities on the route in its Tuesday announcement. By leveraging

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<v Speaker 1>blockchain technology, we can bring institutional grade financial markets on chain,

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<v Speaker 1>making them more accessible, transparent, and efficient. Now I don't

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<v Speaker 1>hold the Ondo token, guys, but I'm going to have

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<v Speaker 1>to start researching. Maybe this is one I take a

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<v Speaker 1>bet on in the bear market because I haven't looked

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<v Speaker 1>at the price chart, but it could have ran up

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<v Speaker 1>already and I only have so much dry powder and

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<v Speaker 1>I don't want to spread myself too thin. But this

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<v Speaker 1>is one if you know, I would look into. I'm

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<v Speaker 1>not saying you should have invest in it, but I

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<v Speaker 1>would say look into it. Do your research right. So

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<v Speaker 1>onto GM is expected to solve issues in the current

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<v Speaker 1>securities investment environments such as high fees, limited access, transfer friction,

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<v Speaker 1>and lack of interoperability. Guys, it's incredible what is happening.

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<v Speaker 1>So the newly launched tokenization platform will offer exposure to

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<v Speaker 1>over one thousand securities listed on listen to this the

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<v Speaker 1>New York Stock Exchange and NASDAQ, including fixed income ETFs

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<v Speaker 1>and individual stocks of companies such as Apple and Tesla.

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<v Speaker 1>According to announcement, guys, they're gonna put gold, They're gonna

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<v Speaker 1>put every commodity, every security, real estate, will be tokenized, cars, artwork,

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<v Speaker 1>you name it. That's what's coming. So pay attention, keep

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<v Speaker 1>it in the back of your mind, and you may

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<v Speaker 1>want to look at, you know, how you can leverage

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<v Speaker 1>those tokenized assets if you choose to. You know, let's say,

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<v Speaker 1>buy some tokenized Tesla stock. Right, I own Tesla stock,

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<v Speaker 1>but I may want to look at, you know, if

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<v Speaker 1>I get the tokenized version, what can I do with it?

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<v Speaker 1>Can I lend it out? Can I create something where

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<v Speaker 1>I earn passive income? These are things I'm paying attention to,

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<v Speaker 1>and as these things mature and become more fleshed out,

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<v Speaker 1>I'm gonna look to participate, And of course I'll share

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<v Speaker 1>that with you guys on this podcast. What I'm doing,

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<v Speaker 1>how I'm doing it, and if it's making me money

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<v Speaker 1>or not, if it's good or bad. Right, we want

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<v Speaker 1>to test everything out. Not everything's gonna be perfect. I've

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<v Speaker 1>often said version one point zero of anything is not

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<v Speaker 1>gonna be great. It's gonna have bugs, right, so we

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<v Speaker 1>got to be patients. Here's another quote. Tokens issued in

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<v Speaker 1>the onto GM platform will be each backed one to

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<v Speaker 1>one by an underlying asset like a public stock, and

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<v Speaker 1>will be freely transferable like stable coins outside the US.

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<v Speaker 1>Like I said, global markets, truly global markets, right now

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<v Speaker 1>we get semi global markets. Right. So that's the news,

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<v Speaker 1>my friends. Very bullish things are happening. I hope you

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<v Speaker 1>recognize it. I hope you're not moving by your emotions

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<v Speaker 1>based on what the price is doing. Now it's gonna

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<v Speaker 1>bottom out, We're gonna have another pump into the next phase. Guys,

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<v Speaker 1>just be patient. Patience is a big part of investing,

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<v Speaker 1>and when in doubt, zoom out. And of course, if

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<v Speaker 1>the looking at the prices bother you step away from it.

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<v Speaker 1>If the market is not doing anything, don't even look

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<v Speaker 1>at it. Guys. I have not looked at my portfolio

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<v Speaker 1>in days because I know the market's down. There's no

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<v Speaker 1>point in looking into my portfolio, right even though I'm

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<v Speaker 1>up right, but I'm down from let's say the Q

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<v Speaker 1>four run up because everybody's down right now, but I

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<v Speaker 1>know its phases right, so just be patient. Let me

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<v Speaker 1>know what you guys think about this news. Leave your

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<v Speaker 1>thoughts and comments below hit the films up button. Guys.

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<v Speaker 1>A great way you can support me in the podcast

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<v Speaker 1>is by subscribing to my free email newsletter one hundred

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<v Speaker 1>percent free on substack linko being a description. Also grab

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<v Speaker 1>a copy of my book, Rethinking Crypto. It's available on

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<v Speaker 1>Amazon and paperback in digital. You can also check out

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<v Speaker 1>my new course it's at Mycrypto course dot com. This

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<v Speaker 1>is a comprehensive course that covers every aspect of crypto

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<v Speaker 1>and guys. The best thing about it which no other

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<v Speaker 1>crypto course offers it includes expert commentary. I'm talking founders, CEOs,

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<v Speaker 1>institutional investors explaining different aspects of crypto. So you are

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<v Speaker 1>hearing from people who are actually building, who are investing,

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<v Speaker 1>who you know, they are neck deep in this industry building,

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<v Speaker 1>so you will get all that. I packed it with

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<v Speaker 1>as much value as possible from my experience in starting

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<v Speaker 1>in crypto in twenty sixteen, so you will get a

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<v Speaker 1>lot of value out of this. It's a one time

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<v Speaker 1>fee for lifetime access. You can share it with your

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<v Speaker 1>friends and family. You can go at your own pace

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<v Speaker 1>and it includes text, writers, videos, downloadable materials, so lots

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<v Speaker 1>of value. Guys to go to Mycrypto course dot com

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<v Speaker 1>to check it out. Guys, thank you for watching and listening.

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<v Speaker 1>I appreciate you all and I'll talk to you all

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<v Speaker 1>later