XRP: BANKS HATE US Because of THIS URGENT NEWS

[00:00:00]This guy, man, he's so anti-crypto. Why am I not surprised? He's always fighting us. This was posted just about a day ago, but this was the interview with Maria and Jamie Diamond, the J JP Morgan CEO was made a couple weeks ago, as you can tell, you know, on the screen. And I'll play a few snippets of this guys because it just makes total sense why the Clarity Act is so delayed because they don't want it because they are doing everything they can to stop us. Just watch this. Thanks. So, >> well, the markup is coming. I mean, what are you going to do about it?

[00:00:39]>> It is. We'll fight it. If we lose, we lose and we'll live.

[00:00:41]>> Yeah. Okay.

[00:00:42]>> But it will be fought. This will not be No, no one's going to bow down to this guy. Okay. Or that company.

[00:00:47]>> Nah. I was like, "Oh, who are you talking about?" Coinbase, Brian Armstrong, CEO >> and he's the only one. Yeah. And he's spending hundreds of millions of dollars in Washington this thing.

[00:00:59]>> He said he's he's representing the whole indust.

[00:01:03]So he goes there's the Solana's u one of Sena's directors and here this person Bill another senator he's like we were for clarity act right so guys I want to touch base on this one definitely there's a lot going on cooking for crypto there's a lot going on cooking for us as crypto investors because you know that the best is yet to come especially for those who have been holding city for so long right so I'm bullish I'm excited I'm looking at the markets. I'll tell you more. Also, uh I've been replying guys at the comments today. I've been looking at what you guys are saying right now because we woke up some bad news, unfortunate news, right? As we were waiting, some of us, me included, took a loss. What do I mean? Well, doing some of us we were doing the cloud mining assa and there was a period of time where they froze completely withdrawals and everything and I'm like no I don't like that.

[00:02:07]Absolutely hated it. Absolutely. That was it. I mean I was like no way. No, no, no. This is not this is not right.

[00:02:14]And um yeah, I mean really stupid decisions by then and no deposits, no anything. I was just completely out from that because you don't do that. And what ended up happening is that they shut down right at the end of that countdown which ended today. And you guys I see I've been replying to some of you just [clears throat] hate disgusting nasty individuals who do that. That's the type of crypto experience that you never want to face.

[00:02:52]And I'm so sorry, guys, because that's not supposed to happen. But it happens in crypto sometimes. And that's why we need clarity. And that's what we need genius. And that's what we need regulation. That that's what we need protections against all of those nasty nasty companies that are just coming to hurt people. And no, I'm not for that at all. We are here to educate people. No one gives some financial advice here. No one. Um, yeah, we're just talking about what's really going to be the one of the biggest innovations in the whole world, which is cryptocurrency and blockchain.

[00:03:27]But yeah, guys, I mean, I if you notice in one of my pre in my previous video, right, I I do that. And on this one, if you have a question or so, I'll go ahead and and answer, guys, for sure. Uh, but I had a minor with 100,000, right? And it was a pretty nice minor. It was really nice when you would just wait for the time and get that paycheck. And you know, we discussed it a few days, a few times here on the channel. Uh but yeah, I mean with that is sad news, bad news for a lot of people and I've been replying to some of your DMs as well. But just wanted to make sure that you knew uh cuz some of you in your comments wanted my two cents. Those are my two cents, guys. and as I go live and as I, you know, continue, I'll go ahead and keep you um informed, you know, as far as what I just told you.

[00:04:19]But yeah, that is the situation that some investors are facing lately and I wanted you to know. Okay, when it comes to Clarity Act, I posted this one, fam.

[00:04:32]The Clarity Act is coming all in XRP for me because as far as crypto goes, you have to understand and I have to understand that it's all a big pie and you have to split it in different slides and you're not going to put all the pie in one thing. You cannot do that. I cannot do that. And I'm just saying right as always, always educational purposes only. Never financial advice, not a licensed investor or professional. Always do your own research guys, right? Never invest more than you can afford to lose. And that is how you win in this world of investing. Never invest more than you can afford to lose because when bad things happen because sometimes they will happen. Um you have to protect yourself like that. But I mean people get greedy. people just want to apply the dodgecoin millionaire um take.

[00:05:35]If you don't know that one, let me explain you because some of you might be so new. Back in 2020, six years ago, six five years ago, 2020, 2021, a guy by the name of Dogecoin Millionaire, that's his nickname, basically went all in on Dogecoin, right? He maxed out maxed out his credit card, sold his car, borrowed money. He bought tons of Doge. Well, the guy became an instant sensation. He got all the way to $3 million worth of Dogecoin.

[00:06:09]And Doge is still here, right? But he never sold. And he went on podcast. He went everywhere, right, with Graham and Andre and and Mid Kevin and everybody was like, "Sell, sell, sell." The guy didn't sell. He was waiting for a dollar. Never got to a dollar. got to 70 cents or so with the with Elon's help.

[00:06:29]Back in the day, Elon was like Doge and whatever, you know, Elon and um yeah, the guy kept holding the bag. So, in that case, taking profits always paying yourself always makes sense, right? Just FYI, I think it's what I, you know, it's healthy. Of course, your initial at the end of the day, I don't I don't tell anybody to do whatever you want with your money. You do whatever you want. I mean uh you cannot tell people what to do. So the point is at the end of the day um there's all these cases and instances in crypto right and I think and this is another one that I saw a former Ethereum Foundation contributor warns Ethereum's core development ecosystem could face a funding crisis within three to six months as EF scales back spending. So, if you wanted to feel bullish about crypto, uh, this might not be the best video, right? But we'll come back from this. We'll come back from there. We'll pass through this whole mess. We'll get We'll get Clarity Act and we're going to go We have genius now. But you just heard what he said. Now, this guy is for Clarity Act. This is the senator that he's for Clarity Act. But this is a conversation. I want you to watch it from the very beginning. The one that I just played for you where this guy Jamie Diamond, he's so anti- crypto.

[00:08:00]>> Oh, no. Because it it it it allows them to effectively pay interest on deposits, stable coins or something like that without the protection that they should have. And it doesn't do anything for MLBSA. It has almost no legal protections. So, no, it's the banks will not accept it that way.

[00:08:16]>> They want >> and the ABA, the small banks, the credit unions, not just the big guys. I'm not worried about stable coin, but if it happened, I'm telling you, I would have nothing to do with it and it would eventually blow up on its own. Okay? But that's my personal thing, but I do understand the concern of all the other banks. So, >> well, the markup is coming. I mean, what are you going to do about it?

[00:08:34]>> It is. We'll fight it. If we lose, we lose.

[00:08:36]>> There you go. They're probably going to lose, right? because they I mean we have senators that are like check this out >> in America. If you look back at the Genius Act that I authored that brought America into the digital payments arena.

[00:08:51]Uh we now are in a position where America will continue to lead as the reserve currency of the world because we now have a reserve digital dollar that's backed dollar fordoll by short-term US Treasury securities. We need to get this done. It's important to get it done.

[00:09:04]It's critical to maintain America's innovation edge. This is something that will be more a matter of focus after the Fourth of July recess period. Uh but I certainly hope to see it done before.

[00:09:14]>> Joining me now is Salana.

[00:09:16]>> There you go. So July next month. Next month everybody is going to be the month for us to watch carefully.

[00:09:26]Might be a big one for crypto. So prepare. Thanks for watching everybody.

[00:09:31]I'll see you next time. God bless.

[00:09:33]Peace.