XRP CLARITY ACT INBOUND?

[00:00:00]Not only are these the three blind mice glasses, I also realized that the ones that kind of the Cinnabon Cinnabite has from Hellraiser, one of them, the fat one, he's got like the goggle type glasses. That's kind of tough. So, what we got going on today? The market's actually up a little bit yet emphasizes a little bit. I mean, it's it's it just feels so euphoric to see green all of a sudden, you know, after time and time again. I noticed on the weekend, uh, all hell was breaking loose big time. Real time updates on the war in Iran. Someone commented, they were like, "Bro, the war is not even real, you idiot.

[00:00:43]Bombs are dropping to some capacity."

[00:00:45]So, whatever. What? However you want to say it. Oh, it's fake. I mean, are you there? Are you on the ground reporting?

[00:00:50]I'm not either. So, we got to go by whatever Elon Musk's [ __ ] algorithm and [ __ ] is feeding us. You know, he I don't know. People don't look at that connection, too. He seems like he has a little little relationship with BB2. I'm not saying nothing. Um XRP 114, cool.

[00:01:07]Roger that. Bitcoin 668.

[00:01:10]And so, the crypto market was staying pretty resilient and also hovering above, just chugging along during all that conflict over the weekend. So, we got to see if it holds. What is it? Is it Monday or Tuesday already? Tuesday.

[00:01:24]Oh, it's [ __ ] Tuesday already. All right. So, we got to see if this holds because clarity is supposedly on the horizon. It's supposedly been on the horizon since April. Remember the million deadlines? So, that's what I mean. This is another [ __ ] quote unquote deadline. They got to get it done before the August recess before they go on another vacation. Literally, all they do is sit around and betray the country. 99% of them they just do what the money tells them and that's just that's that's how it's going to roll.

[00:01:53]That's how it's going to roll. Money talks, bro. It's crazy. They got that little pyramid Illuminati looking symbol. Now, I forget the history of it, but obviously I've seen Tik Tok videos and all sort people saying all sorts of [ __ ] You look into the history, just the the Illuminati and the Freemasons and just it's there's a whole whackadoo world out there, man, that like we don't got a clue what they teach you in school and [ __ ] like there's crazy. Not that you're going to sit there and tell kids about the [ __ ] Freemasons and everything, but it's just there's so much to cover. Like you don't even got a grasp. So, we got that going on. Let's take a look. DI yesterday, a day or two ago. Basically, he goes, "Write it down. You're going to see Trump come out of nowhere and negotiate this ethics thing away." And this is Eleanor's been keeping updates on it. So, this is old. Okay. And then look what happens today. She goes, "News. I'm hearing from multiple multiple industry sources that the White House has agreed on an ethics package for the Clarity Act and sent the language to certain Senate Republicans this afternoon. It's still unclear what the details of the arrangement are. I've reached out for comment, but industry participants are hopeful this would clear the way for updated bill text to be released soon. This is crazy. This is crazy. I They They did the same thing with the stable coin regulation, dude.

[00:03:19]They [ __ ] did it last second. They come in the Hail Mary.

[00:03:24]Wild. It's still unclear what the details of the agreement are. The agreement are he's still going to be able to profit from it. Just in probably in a little bit less in-your-face way. I mean, what the hell? These people I always love in The Wolf of Wall Street when they that's kind of a major plot point of the movie and the real life story, I guess. But when he's like keeping his money in that different country and [ __ ] it's like these guys got such a intricate crazy network of like avoiding paying taxes and [ __ ] it's it's so insane. It's so insane.

[00:03:57]It's like to think is it ever enough? We know it's not because then they go to the degree of like just endless war and destruction and like it's so [ __ ] insane. And Shawn Ryan just had what? Yet again, I'm just saying the facts. Whatever you think about Shawn Ryan or whatever the [ __ ] he had this woman on and she's always out there trying to sell her book about nuclear weapons. She's been on Rogan. She's done the tour of all those types of guys throughout the years selling her book on hypothetical nuclear weapon warfare and what happens in the after event and I just saw a clip of her uh on there in a recent interview and she starts talking about how like what the plan is. you wipe everyone out essentially and these guys have such intricate underground bunkers and it's so selective about like who gets chosen and all this and to think that that to some degree yet again they don't have these like high-tech facilities you see all articles whatever these guys building bunkers ah whatever Zuckerberg's building a bunker and you're like what does he know but when you think of all the people who aren't known and aren't in the limelight like who are all of Peter T Peter Ter woo we're going to have Stop calling him Peter Woo or something like that cuz Google's listening. It listens to the algorithms. How do you think it's able to do captions real time? I mean, they know what you you [ __ ] They got Gemini attached to the videos now. It's insane. It's insane. So, yeah. Let's see if the Clarity Act gets through.

[00:05:30]Hopefully, it does. The market's reacting like it is. DI is saying, "I'm amazed at how otherwise smart people still underestimate Trump." He literally wrote the art of the deal. He'll negotiate away the ethics thing complaints. It never mattered what Trump did in crypto. The Democrats would have figured out a way to make it about him no matter what he did. I don't think he should have issued the Trump token, but it wouldn't have mattered. They would have come up with some other angle to make it about him. They need to be able to tell their base they forced Trump to concede something and he'll give it to them. He's playing chess while the dummies are playing checkers and he knows it. Yeah, I think I think it's like partly that read. they were always going to get him with something, but this one is a little bit like too in your face. So, the only reason I think you see opposition to it is because there's not a fine degree of like um I scratch your back, you scratch mine, like someone still feels like they're being slighted because when you come to the table and you could both make an assload of money that obviously that's like what a compromise is. And we're at the point where it's a this is the the last thing holding this [ __ ] bill up is because Elizabeth Warren the fact she's even in any type of highlevel degree financial conversation is so it's so insane like these people don't have a clue. I mean that it's just it's [ __ ] mindboggling.

[00:06:50]It's so mindboggling dude to just [ __ ] Elizabeth Warren is holding up the [ __ ] crypto legisl Mike. It's all theater. All this [ __ ] >> I don't know, man.

[00:07:05]>> Also, >> oh god, Charles, dude. I don't know if I can listen to Charles right now. Guys, hit the like button, dude.

[00:07:11]>> Also, it creates political challenges because instead of talking about Clarity Act in terms of how will we use this model over the next 50 years to growing a thriving US crypto base, we're talking about ethics of the president, a particular president in a particular period of time. Imagine if the hold up for the Securities Exchange Act was the ethics of FDR instead of the what was going on with the Great Depression. It would be absurd. And you know that's been the law of the land for 93 years.

[00:07:39]Presidents come and go. They shouldn't be the gatekeeper of a particular piece of legislation. Has nothing to do with the president. But now they're going to try to put ethics provisions in that will probably kill the bill. Also >> probably kill the bill. I don't think that I've ever heard this dude say one positive thing in his life. every time I see like is he back or is this old? Cuz I remember he disappeared for a while then he came back like we cover it. So, Yuvall, the whatever he is at Canton, the co-founder and CEO of Digital Asset, I can't stand that name. The the creators of the Canton network, like it's Yeah, it's it's whatever. The parent company just the whole [ __ ] Wahoo structure digital asset. It's like, bro, but they call digital assets and you're like, no, digital asset the company. Like, what the [ __ ] Awful name in my opinion. But what do I know? So, we covered this Bit Truth thing the other day. breaking XDC and XRP are two of the many blockchains handling DTCC's four quadrillion and annual uh settlement all that and we're like they're just they're pumping their own bags cuz they got a yield product uh like these aren't officially officially announced yet again you do digging and you can make your own assumptions you see our primes in there under that NCC thing like there's just touch points with all the companies and yet again but whatever he's right I guess when facts don't matter because these guys are pushing it for their own [ __ ] yield product is what it just seemed like. I'm not saying anything. But then this guy, he's like a Spider-Man cosplayer, but he's an XRP guy. Whatever. Make it that what you will. I mean, Spider-Man's [ __ ] sick. So, he [music] goes, "What's this you say? Bit true. XDC and XRP in with the DTCC moving quadrillions?" Spot on. To those who haven't woken up to this fact yet, keep studying. and Uval.

[00:09:25]He comes out and he goes in English for you and he gives a link to that official DTCC thing. Okay, thanks for the English.

[00:09:36]Let's discuss time. The present tense of what is taking place is pretty prevalent to see. However, past tense shows documents, patents, security being absorbed as well. That was a huge one. This uh the smoke guy points to a lot. Um well, he just has the documentation for it that the DTCC did acquire securely. And then you're like, "All right." Then you go look at security and see what touch points they have, what XYZ. It's like you got I don't know. You think of long term. They literally talk about like it's going to need they're going to need DTCC. We're going to need like an army.

[00:10:09]We're going to need an army to to take this on. initial participants [ __ ] 50 plus person 50 plus firms at all different [ __ ] offshoots of companies and like there's plenty of money to go around guys but this guy's always been so smug though like he went on Paul Baron once and Paul was like kind of leading the question in the way of like oh Canton's a private network whatever but just the way the guy he's got a very smuggness about him um at least just from what I've seen yet again I don't know you can't judge people off the clips and everything, but let's see. So, if we're looking at tenses, the future is still unwritten. Great song. Unless you have other info I'm unaware of, I'll gladly take a read and thank you for your response. Okay, I love what I appreciate what you're doing with Canton. Okay, he goes, I said, as DTCC have said, that they are going to be a multi-leddger, but for for now, the only known timeline is October with Canton and Basu. But see, that's not even true. like the they they they if we're talking official documents, okay, official announcements, they've come out and said this is months old news now that they plan to get the stellar implementation rocking and rolling in the first half of 2027. So that's I don't know that's a big one to leave out. It's it's yeah, it's their own thing get on that app chain that they have Canton and Stellar. Those are the ones that are like official official on their website of what they're utilizing. Um, so why you leaving that out? I Oh, just just for the October. I guess just for the October one, I guess. I agree and disagree. Presently, I agree with your statement forward- facing. However, DTCC has already announced that tokenized assets are expected to become available on Stellar in the Yeah, before that announcement, there was no public DTCC and Stellar rollout. What existed were earlier technical specs through secury, the patent estate, DTCC letter acquired and the multi-ledger architecture.

[00:12:11]Now Stellar has moved from documented technical capability to a publicly announced and dated implementation. That is exactly why I am discussing time.

[00:12:20]They the present tells us what is live first. The past helps us understand what may be activated next. Here we are now.

[00:12:29]That that's interesting. Yeah. Yeah.

[00:12:32]So, this guy, I don't know if I want to read this whole thread, but maybe just real quick. DTCC's actual chain picks, Canton and Stellar run programmable compliance and general purpose smart contracts natively. Dam on Canton native issuer. Yeah, I'm not trying to read all this right now, dude. We got a lot to get through, but All right. So, they start going into all the amendments and [ __ ] all this [ __ ] Okay, we don't got time to go into this type of stuff right now. Tom Lee. We We got to cover Tom Lee, dude. Tom Lee is way more important than what's going on technically, you know?

[00:13:09]No, this can't happen again, right?

[00:13:12]Right. The World Cup ended or some [ __ ] like that in 2022.

[00:13:18]Look what happened. But it's Tom Lee, right? So Bare Naked Crypto goes, "The FIFA pump thesis is [ __ ] Why'd you leave out what happened in 2018, which also was unironically in July, unlike the 2022 World Cup, which was in November. Looking to farm some exit liquidity. Just coincidence. All the big accounts tweeting this, huh?

[00:13:44]Huh? Interesting.

[00:13:47]Interesting. Eric Trump just did just come out, dude. Remember that a couple of weeks ago? Every time he's tweeted it, we've gone down. He was like, "Oh, Ethereum is a great price right now."

[00:13:56]And it's like, why'd you say that? Why' you say that? You go you go dark for a while and then you come back. This was interesting. Uh this is a break and Russia state Duma passes a major crypto bill pending President Vladimir Putin signature before taking effect on September 1st. You go into see a little bit what it's about. It's about like uh Bitcoin and other digital assets being marked as property and all the all the stuff you need the rules. So Dr. Martin Heisbow head of research at Uphold Inc.

[00:14:29]I mean they're very XRP heavy but he just says prepare prepare for the biggest bull market crypto has ever seen.

[00:14:38]Vetty scatty. Vetty scatty. Yo Jack Mer dude. What is he doing? I've decided to step down as CEO of 21. Oh man. Oh man.

[00:14:46]What do you want to do dude?

[00:14:49]>> I have decided to step down as the CEO of 21 Capital. Bro, I don't even I don't know what they do. I don't know what you do. I still don't know why this closet is empty. Where are you doing this from?

[00:15:00]Fill it up with some shoes or something.

[00:15:02]>> I wanted to tell you that myself in my own words because you deserve to hear it from me directly.

[00:15:08]>> I'm devastated.

[00:15:11]Oh, I paused it. I thought he froze.

[00:15:13]Dude, >> when I helped start 21, I thought we had an opportunity to build something very specific. Not only a company built on Bitcoin. Not only >> Yeah. What could go wrong with that? So Dai goes, "The board the board figured out that buying Bitcoin and financial engineering is not a business model. I'd love to be a fly on the wall in Sailor's Boardroom. That's wild. Buy Bitcoin. It only goes up." I mean, it's Let's see.

[00:15:40]We'll wait and see. Patrick Wit, he goes, "For the past year, I have worked diligently to get the Clarity Act passed, fulfilling President Donniey's vision to make the US the crypto capital of the world. Last week, it was reported that I was set to leave for mandatory training as part of my service in the Georgia Army National Guard right before clarity hits the Senate floor. While I remain committed to fulfilling my service obligation, I am grateful to report that my training has been deferred and that I will be able to see this effort through to the end. Thanks to President and David Saxs for the opportunity. David Saxs, bro, he stepped down as the AI cryptos are. I forget what he does now. Interesting. So, Elon Musk tweeted on July 20th. He goes, "It is pretentious and poisonous for or for for a for-profit companies to call themselves labs when they are actually corporations to create a lords and peasants culture between looks maxing researchers and engineers when they are both on their better days actually engineers."

[00:16:40]Okay. And then scams goes, "Yo, does this sound like any crypto companies, you know?"

[00:16:46]I don't know. Does it? You got to let me know. So, what's going on with this?

[00:16:51]Yemen's Houthies have announced a naval blockade on Saudi Arabia from the Red Sea. This move essentially cuts off Saudi oil exports through Abab Alman straight. What is What is he saying, bro? I don't know if I want to be playing this on YouTube. I don't even know what he's saying. All right, so Jay Claver, he's sipping Tito. He doesn't even know what the hell this guy is saying, bro. He's like, yo, cuz anything for his thesis to to cause another massive a massive roadblock and oil shooting up again puts Japan against the wall in his situation for his domino theory and then UTO that insider central bank uh X account, he's been right about some things. He's pretty vague, but he came out again and he's like all the money's flowing back to this is what he's saying. All the money's coming back here and it's weird seeing them move with their JPY stable coin like they're moving heavy getting that regulation and they made an emphasis oh it will supply yield and uh yeah we'll see what happens that's all we could do right I don't have I got to get a magic eightball oh god I don't know if I'm trying to read this guy this guy always goes on there are still people writing to me saying be realistic $5 to $10 for XRP would be good. And he's saying, "I cannot give financial advice here, but you guys seriously don't have a clue about investing. You don't even know what you hodddle in yet you make comments. If you want to make 5 to 10x go buy Doge, you might even make more since Elon will make it $1 day anyway."

[00:18:25]Of course, whether the price stays stable is another story. For other utility-based digital assets, every coin will rise once institutional adoption hits. Anyway, this is an inevitable truth. Single asset cannot process those trillions of dollars, which is why it will be multi-chain.

[00:18:43]What bothers me is these people commenting as if they know something when they know nothing. If you don't know anything, stay silent. All right, we don't need this whole like spiel right now. I'm not talking to anyone about financial advice here. I've only ever explained the system. If your lack of basic rating comprehension, all right, we don't care, bro. All I'm saying is like price action. I'm going to go $40,000 tomorrow. I understand.

[00:19:03]whatever. We are here for the long term, but it's like let's [ __ ] let's let's get over the hump of like $3 first, you know, before we start [ __ ] hooting and hollering and [ __ ] But when it's green, it's green and it's fun the whole market, you know? That's why everyone's here for that [ __ ] that moon that what seems to be inevitable moonshot yet again for utility utility assets.

[00:19:26]I don't know. Let's find out. Maybe maybe it's Bitcoin only. Maybe Bitcoin always forever and always stays when all these companies are doing these basket ETFs and they're doing like a 70% allocation to Bitcoin in that basket and I'm sitting there and I'm like that just doesn't I don't know. I don't know. I don't 70% Bitcoin portfolio.

[00:19:51]I don't know. I mean, if you got in early enough, just like with any of these, I mean, you're chilling. So, whatever. Investors stand by strategies.

[00:19:59]Bitcoin ride. Oh, I'm sure they do, bro.

[00:20:02]And DI the SCOP continues. All right, roger that. I talked a little bit about this yesterday video. He goes, "US Department releases a report exposing the full history of Cuba espionage and subversion in the US with Secretary Rubio saying, "The Cuban regime has been the leading sponsor of radical leftism and third worldism in the country."

[00:20:25]We've we went over that yesterday. This guy wants Cuba. They've been laying the groundwork to go get it. They're going to get it. That's that's definitely the next move. Who is this? Jeff Booth on what a Bitcoin standard actually looks like in practice. Okay, let's hear let's hear a Bitcoin only standard because that's what the DTCC is talking about.

[00:20:43]We got to move quadrillions annually, but we're worrying about how bit how are we going to do it with Bitcoin. Maybe Bitcoin I mean Bitcoin is in the equation. You'll see the name Bitcoin thrown out. Touch points, same thing because it is the number one digital asset. though.

[00:20:56]>> And Bitcoin is the only f free market that's ever existed.

[00:21:00]>> What the dude? You can't start off the sentence like that. If you're going to say, "Give me the spiel about the freedom money. Give me a break."

[00:21:06]>> And Bitcoin is the only f free market that's ever existed.

[00:21:10]>> And you spend all of your time in the other market.

[00:21:14]>> How couldn't it be you?

[00:21:16]>> Right.

[00:21:17]>> Okay. Wait. So, this this actually might help the >> both me and the people listening to this. Let's transition into this free market world.

[00:21:25]>> Are you saying that on a Bitcoin standard we have we now have perfect money? We operate in a free market.

[00:21:31]Money cannot be manipulated.

[00:21:33]>> Are you out of your mind?

[00:21:35]>> Would both costs come down while quality increases for people? would I be saying, "Not only can I afford the clothes or the house or whatever, but actually the quality of how it's made and the things that are used to produce it would be better over the years and if so, how?

[00:21:57]>> Why would that exist?" And and you already you already know because you're starting to participate in um in Bitcoin and actually purchasing in Bitcoin and and what do you see? You see tallow soap, you see grass-fed beef, you see you you see these artisan markets emerging, higher quality, lower cost uh how we how are we moving these trillions? That's the question. That's the question. That's that's what we're trying to solve. Let's like let's let's bring it back to bring it back to reality. I mean like what yeah I mean it's fun shooting the [ __ ] Oh what if any theory what if XR 40,000 you wake up tomorrow then I'm going to be happy. You know you're going to be you're going to be happy when the number does go up again. Let's see how the market's doing.

[00:22:54]Let's see if we got any kind of momentum going on right now real quick. 114 666.

[00:23:00]Yeah we're kind of just hovering kind of just hovering in this little little channel. This is the This is what we got to keep the eye on, though. The market cap. The market cap. I mean, this this only goes back to 2022 for some reason.

[00:23:15]But this is this is the money. This little channel.

[00:23:19]Bang. Let's Let's go. Let's go for that 4.8. I think that's what we're going towards next. We're going to have these little pitfalls. You always do.

[00:23:26][ __ ] going to be taking profits and then bang, another profit. Bang.

[00:23:29]Bang. Here we go. Let's find out, guys.

[00:23:33]Hit the like button, comment, subscribe, join our group, the Minutemen link in the description below. Exclusive videos weekly and we got a whole library of exclusive videos now. Obviously, crypto conspiracy theories, smoke sessions, all the fun stuff, aliens, and that's it.

[00:23:50]See you in the next