WOW! US Gov Invest Directly In HBAR Council Member!! BiS And Central Banks Confirms DLT Adoption!!!!

Added: 2026-05-30

[00:00:00]This administration's been very clear there will be no central bank digital currency which I think the is would be the first step toward tracking. So we have taken that off the table. We've passed stable coin legislation with bipartisan and the clarity act is now up on the hill and I think it has bipartisan support and the most important thing we can do is to make digital assets come into the United States. make the US the home, our regulation, our best practices are what will ensure good standards for these.

[00:00:34]When you look at digital assets, all the nonsense that happens, all the things you read about, that's because it's the wild wild west offshore. So, we got to bring it on shore. So, I would encourage the House and the Senate to get clarity done.

[00:00:47]>> Just some brief comments there from Scott Bessant, who of course is the Treasury Secretary of the United States.

[00:00:54]Yesterday I released a video where I looked at a paper that was published in 2022 um and one of the authors was the likes of Kevin Walsh who is now the Fed chair and it spoke about adopting um digital infrastructure distributed ledgers as a matter effectively of national security and national relevance as far as the US is concerned and and and Scott Bessent there reiterating that they've not gone the CBDC route like many other countries have and we'll talk about project Agora um which was or an update was given to us uh on the 27th in relation to how all central banks are looking to leverage DTS for wholesale central bank digital currencies which actually makes sense. Retail CBDCs don't because you can be tracked and traced.

[00:01:38]Stable coins will fill that void and that will fall on your already existing infrastructure like um Mastercard, Visa, so on and so forth. Um so Scott Besson the reason I highlight this is because actually where we're moving to is a state in which I believe um at a state level national level cryptocurrencies are adopted as a matter of relevancy and national security and that's going to come in the form of public there will be some private DTS and why I believe this is because or one reason I believe this is because of what's been written about it previously.

[00:02:17]But another reason um is because what we're seeing at the moment is US government direct investment in private companies.

[00:02:28]Um this is that public private relationship is the direction the world is moving towards. Palanteer was a great example of that and actually you're going to see a lot more of governments stepping in and actually investing directly in just like we saw in the cold war with the race around nuclear technologies um certainly digital technologies and I think crypto very much falls into that category. So if you didn't watch yesterday's video please go and do so.

[00:02:53]Kevin Walsh released a paper um along with a number of other very substantial individuals including Google so on and so forth back in 2022 that actually spoke about cryptos as a matter of national security and urgency they mentioned XLM you know they mentioned XRP within it it's well worth a watch um but we are seeing the likes of what we have or was announced literally yesterday war department signs $9.7 billion technology deal with Dell for Microsoft services the war department announced today. A 5-year agreement to purchase Microsoft services. A move expected to save the department 422 million annually. Huge. The Department of War is taking defensive steps forward to advance our digital infrastructure to deter nearpeer adversaries by awarding a 5-year 9.7 billion core enterprise technology agreement to Dell Federal Systems, said Christine A. Davies DAO chief so department of war chief uh information officer the second generation blanket purchasion agreement will streamline and consolidate critical Microsoft software and services across the department of war with intelligence community and the US coast guard very interesting um it talks of course about Dell a little bit more this is the reality of where we're moving the the the governments around the world and this Dell's price. We looked at this breaking out for the first time since 2024.

[00:04:30]You can see, you know, what is this in terms of a jump on the back end of this news?

[00:04:36]Nearly 40%.

[00:04:39]We had them invest in quantum. It's not long before that trickles down to crypto as a propagator of um digital dominance but also fiscal dominance as far as currencies are concerned through the kind of um evolution of money with stable coins and such. Do go and watch yesterday's we related it to XRP and XLM but it covers the important nature of the crypto industry as really a matter of national security and we're seeing as a matter of national security huge investment in digital infrastructure crypto um will also enable that and I think Dell is also a governing partner just to mention this of Hadira um that you guys know um we're of course a massive fan of so I wanted to start with that certainly Besson's comments relating it to the the the broader I think opportunity in markets as you get to frontr run governments and certain technologies. Let's talk about markets more broadly. Um you got the Cosby up today really driven by of course two stocks. They probably make up 43 45% of the um S&P uh not S&P the Cosby which is the S&P 500 equivalent for Korea. You can see this is Samsung up 5% today and SK Hinks. you know, people got a lot of worry about these, rightfully so. This is a perfect example of a breakout and then continuation. We're starting to see that with Dell and others. I think there's also going to be a nationalization element um or kind of um government element to all of this, certainly as Koreans start to pile into this. But the Cosby's up, the Nicki up, um you also have probably the likes of the Dax up. Yep. The Footsie.

[00:06:23]This looks interesting. Footsie actually might want to break. Um we were looking at downside actually I could see this setting up continuation. So we've said despite expecting crypto to go lower which it's done. It's given up ground against the stock market we think your markets are going to continue higher on the back end of AI buildout and this can actually extend.

[00:06:42]Yes, there'll be a kind of reality check along the way but it won't be a crash.

[00:06:47]it will be more of a stalling and that situation very much would occur um I think on the back end of uh escalation as far as the war's concerned leading to tighter monetary conditions on the back end of inflation. So S&P 500, the futures market's up about 15%.

[00:07:08]S&P yesterday um you know closed up record all-time highs continues to set that pace. Um I think this is going to continue. It's a midterm year and I think AI is very much driving that and we're benefiting from that massively with some of the stocks that we have. Um I still do believe we'll talk about crypto that there is that next leg lower for crypto. Bitcoin signals that.

[00:07:31]Ethereum is a great signal of this. I think if we look at the Binance chart, very much deja vu in regards to that next leg lower. The totals fallen out of a rising wedge. USDT dominance broken out of a um falling wedge. I think you've got lower prices for crypto coming across the board. And there are a couple that are sort of making moves on news today. I don't think they swim that long against the tide more broadly. And I think that's my general stance for the crypto space as a whole. But remember the big picture here that this technology is extremely important and going to underpin the world that we're moving towards.

[00:08:05]Another tweet from Scott Bessence. The United States government will not tolerate any efforts to impose a tolling system in the straight of Harmuz. A man in particular should know that the US Treasury will aggressively target any actions involved directly or indirectly in facilitating toss of the strait and any willing partners will be penalized.

[00:08:26]All nations should reject outright any efforts by Iran to disrupt the free flow of commerce. Tran's days of terrorizing the region and the world are over. So just to remind everybody to be a little bit doom and gloom that this situation in the Gulf is still ongoing.

[00:08:42]Oil's price action is telling. There is still the possibility of upside for oil.

[00:08:47]I think the bond market certainly the two-year yields which will proceed.

[00:08:51]Interest rates are the important one to watch. um and and all signal I think broader upside um certainly given the patterns that they've broken out of some more than others.

[00:09:04]Um so it is something to watch. I think moving forwards I think the bund interestingly might be caught under the the kind of surface now and looking for lower prices. So I just do want to remind people the situation is still ongoing. This is could weigh on markets broadly certainly could factor into that downside that we expect is technically signaled for crypto. talking about the advancement of the cryptocurrency space.

[00:09:24]Project Agora from the BIS, the bank of international settlement is the bank of banks.

[00:09:30]Um they conducted project Agora with 40 plus financial institutions and they showed how tokenization and programmable technologies can enhance crossber payments. If you look at who's involved in this, you have the Bank of England, the New York Fed, the Central Bank of France, the Central Bank of Japan, the Bank of is this Hong Kong perhaps or Bank of Korea, sorry. Um, this is I'm not quite sure the Central Bank of Mexico. And you also have coming down here the Swiss National Bank. So this was conducted with a load of central banks. We'll show you that here. And the likes of Euroclair, you know, literally the the largest financial institutions in the world. All centered around how tokenization can improve wholesale crossber payments.

[00:10:24]Um substantial, unbelievably substantial. Um in fact, because the whole world will use and utilize this technology. This is them showing how this works. This is how it's done today and this is how it's done in project Agora prototype shows clear advantages uh confirmation of pay reduced data relative error and delays parallel implementation of AML CFT sanction anti-fraud controls uh minimized late stage failures payment status visible to all parties to transactions compliance with ISO 200022 facilities integration atomic settlements align credit risk and settlements enabled around the clock settlement. So this is the way the world is moving towards.

[00:11:09]This is going to happen at an individual level. It's going to happen at an enterprise level and it's going to happen at a national level.

[00:11:16]And once crypto's kind of got out of these doldrums that it's in or the doldrums that it's in, which I I don't think we're that far off of, I think there's maybe another leg low for crypto taking us into the back end of year. you know 2027 I think is going to be an extremely bright year certainly going into 2028 as the world starts to uh move on chain I think that's a very evident reality that we're fastly approaching and um the cryptocurrencies are going to play this role of enablers to this digital world um and act as this kind of new asset class digital commodities and I'm very excited to see where they go I think Bitcoin proves that a digital asset can get to a trillion dollars a cryptocurrency I think you're going to see many others And right now we're looking to pick which ones we think are going to help shape that world and must be very valuable likely as a result of it. Ladies and gentlemen, that's it from me. I'm going to love and leave you all.

[00:12:08]Um yeah, still think there's a leg for crypto very positive more more mid to long term and it's very interesting to see how the world is changing and this kind of public private relationship is not to be ignored because there's huge opportunity there and I think that's going to extend to Bitcoin miners that are now AI data centers cryptocurrencies directly in the future. This is only going to continue. That's it for me. I'm going to love and leave you. Thanks for watching everybody.