Future Changing Crypto SECRET Revealed YOU MUST Know!

Added: 2026-06-03

[00:00:00]So, I wanted to put this in front of you because I've been sharing this idea that I think stablecoins are meant to go wrong and then the the large financial institutions will move on to something like tokenized deposits or any type of Frankenstein that they may roll out in the future that would be CBDCs under a different name and with slightly different adjustments so that the people wouldn't know that they're rolling out CBDCs.

[00:00:23]Um this is what it says here. This is very interesting. So, the article is titled stablecoin demand may soon fade.

[00:00:31]This is coming from the Bank of England.

[00:00:35]Let's continue. Bank of England policymaker Megan Greene stated on May 31st, 2026 that stablecoin demand may soon fade as they are ultimately replaced. This is what I've been saying.

[00:00:50]Doesn't mean it's guaranteed, but I think that's it's it's so when you look at the entire picture of it, nothing makes sense with stablecoins at all. It hurts the economy, it hurts small to medium-sized businesses, it hurts the banks. How is this positive?

[00:01:03]And and once again, if you have your own thoughts on stablecoins, you feel differently, that's perfectly fine. I'm not here to shift you this way or that. I'm merely sharing my opinion, that's all.

[00:01:14]What you do with it is up to you, all right? Because I don't want to want you to feel like "Mickey's saying this to shift me." No, I'm not. It's my I just speak my opinion, my thoughts very powerfully, but I have respect for you and others. Okay, now let me continue.

[00:01:28]I think when you look at it, everything taken together, nothing makes sense about it. It's like this thing cannot last. It absorbs capital that now stays permanently out of the economy when all the economies are struggling.

[00:01:43]How does that go on for too long? How if the people discover that, then and who knows if they that'll be uncovered to the masses of the people, I don't know.

[00:01:51]But how do they accept that when they're already having a hard time?

[00:01:56]So, it just doesn't look like something permanent in my humble opinion.

[00:02:00]Anyway, let's continue on with what um the policy maker is saying here. So, as they are ultimately replaced by tokenized deposits. Speaking at a financial conference in Dubrovnik, Croatia. So, this is at a a major event and and they wanted the others to either know or know or let the others know that we're putting this out there to the public.

[00:02:21]So, it's not a secret between us any longer.

[00:02:23]Although, you've been hearing it from me here on this channel. Let's continue on here.

[00:02:29]Well, in the members-only section, regular people the regular subscribers don't know this information, of course.

[00:02:34]I wish that they did. Um but let's continue on here.

[00:02:38]Green argued that while central bank digital currency CBDCs, stablecoins, and digital deposits will likely coexist, tokenized commercial bank deposits will will emerge as the ultimate market winner.

[00:02:53]Here's the best part for bankcoin blockchains, it doesn't matter what they use.

[00:02:58]It makes absolutely no difference from what I'm from my based on my research.

[00:03:04]All that value is all the same.

[00:03:06]Going to move across chain, need a neutral interoperability layers, interbank payment's going to be massive, RWAs going to be massive, and it will everything that touches these bankcoin blockchains will affect those bankcoin those native bankcoins. Everything that touches the XRPL will affect XRP's prices, what they said, right? Unless they change something.

[00:03:23]But let's continue here.

[00:03:25]Green suggested that within five years the five five years Okay, so we have a timeline, not that you have to respect it, not that they've ever held firm to a timeline. They've shifted their timeline so much, I just need to acknowledge that. But this is an estimation. Green suggested that within five years the financial industry might quote wonder why we were talking about stablecoins. I've been That is so strange. I've been saying that.

[00:03:49]That is so strange.

[00:03:51]I used to know someone, they were very close to me and he used to tell me about this idea they had about what they call synchronicities.

[00:03:59]And anytime something happened they wouldn't call it a coincidence. They would say, "Well, this is these synchronicities are popping up, Mick."

[00:04:06]I can't help but think of that now. This is so strange. I've been saying this and now these these people are saying it.

[00:04:11]But then again, if we're just going on the facts [clears throat] of what we're seeing then we would draw the same conclusion.

[00:04:17]That would just be a natural thing to go towards the truth or what would be closer to what would be considered a truth where we all agree on something.

[00:04:23]Um so perhaps it's just that, right?

[00:04:26]But I I was saying that. Wonder why we were talking about stable coin. Yeah.

[00:04:31]And none of it makes any sense.

[00:04:33]Like for it to be something that's lasting.

[00:04:36]But let's continue on. So wonder why {quote} wonder why we were talking about stable coins {unquote} as tokenized traditional bank deposits take over.

[00:04:46]The three-way race is they're inferior stable coins are inferior to everything.

[00:04:51]They don't make major capital. They would jeopardize everything.

[00:04:55]They cause digital nostro vostro which is terrible for economies.

[00:05:01]So once again, those are more reasons why it just something doesn't add up with stable coins for in my opinion.

[00:05:08]So now uh it continues. She illustrated this coming from Yahoo Finance by the way, okay?

[00:05:14]She illustrated the future of digital money as a race between three entities.

[00:05:19]The tortoise CBDCs.

[00:05:22]Right, why are they the tortoise? Why is that?

[00:05:25]Right? You have to rework them, rename them. The people rejected CBDCs, right?

[00:05:30]I'm just keeping that in mind.

[00:05:32]The hare stable coins and the rhino tokenized deposits. She stated she would place her money on the rhino.

[00:05:41]All right, I can respect that.

[00:05:42]Tokenized deposits have not scaled yet because commercial banks are hesitant to lose lucrative transaction fees. They're going to remedy all of that.

[00:05:50]>> [snorts] >> They're going to remedy all of that. And I wouldn't be surprised if there's some sort of tie-in with native tokens at some point because of that to earn yield off of that outright. Like there's no limitation on them.

[00:06:00]They're going to take them over if they if they take them over and dominate them, there's no limitation on them as of right now.

[00:06:07]And they can make way more capital on those than they could off of the tiny little yield that comes with other things, right? Transaction fees, etc. Um they're going to heap fees. Here's the thing. What we witnessed in the beginning especially with companies like I'll take something like um XLM and Stellar. You had a company that was who would they they were who are they working with? I think Visa.

[00:06:28]They were working with Visa. This one company that was using Stellar and XLM.

[00:06:33]It was called What was that company called?

[00:06:37]Wow, it just slipped my mind. But you can find it. I mean, we covered it many times on the channel, but there was a company that was you you you that built on Stellar and XLM. They heaped a ton of fees on top of everything. That was the point of what I'm trying to say. And that's how a lot of these banks are going to do. They're going to get their fees one way or the other.

[00:06:57]And they'll it'll the fees will be lower or or whatever they're going to charge.

[00:07:00]Maybe I shouldn't say fees, but whatever they're going to charge will be lower than what the legacy system typically or traditionally was charging, but it's but so it looks good from the appearance [clears throat] on the outside, but it's happening so fast that it doesn't matter that the value that they're going to bring in is tripled and quadrupled it.

[00:07:18]No limit is I don't know what the limit would be.

[00:07:20]That makes sense?

[00:07:22]You know, so you charge 10 like you charge 10 cents here, but you make that 10 cents every 5 months.

[00:07:28]As an example, a wild example.

[00:07:30]Now you charge 5 cents, but you're making that 5 cents every 5 minutes.

[00:07:34]I'll take it.

[00:07:36]I'll take it, right?

[00:07:37]That's what this is akin to in my humble opinion. I don't I don't a good um way of explaining it, but that's how I look at it. All right.

[00:07:46]So, the warning highlights persistent stablecoin flaws. The Bank of England, I tell you, they're the only central bank that I actually have a little bit little bit of respect for them and sometimes the European Central Bank, but only because Christine Lagarde at times she roars like a lion. She's like, "No, they hear some truth." I like that. I like that a lot.

[00:08:05]I can respect that.

[00:08:06]So, anyway, continuing on. Persistent stablecoin flaws, that is truth, including fragmented global regulations.

[00:08:15]Potential use in illicit finance, not worried about that, but what they should be talking about is how it negatively affects everything in the economies etc. Digital no show for sure. I see they're not touching on that. Why?

[00:08:29]Then it continues and risks to monetary policy effectiveness if they drain liquidity out of the fractional banking system. All right, so now that you have that information, what are you going to do with it? I know what I'm going to do with this. So, until next time everybody, let's get to the money.