Tax Exempt Crypto Bitcoin Has Reached Escape Velocity Major Ripple XRP Hedera Adoption

Added: 2026-05-25

[00:00:01]Hello everybody.

[00:00:04]Welcome back for another video.

[00:00:10]Hope you're all doing well. Hope that everyone out there is doing absolutely fantastic.

[00:00:17]And that you're all having a great day.

[00:00:20]Uh hope you're all remembering to invest.

[00:00:23]I will I will continue to say it until everyone out there has completely understood exactly what's going on in the world and with the economy and how you need assets. You need to have them more than ever.

[00:00:38]Because the crunch is going to get crunchier, I assure you.

[00:00:43]A very big thank you to my Patreon supporters, Trent Jackson, Gilboa Snake, and Finley Bass. Very big thank you for all of your support.

[00:00:57]Don't forget to leave a like on the video. It helps out the channel a lot.

[00:01:02]Without any further ado, let's jump right into it. Yeah, only a uh only a few weeks away as we've been talking about uh from seeing the uh fireworks.

[00:01:20]Fireworks is a lovely word uh begin to take off.

[00:01:26]As uh no one ap- apparently knows. No one knows what the Fed is going to do uh while at the same time uh investors are kind of all hoping for the exact same thing. We're seeing that little uh bounce back again in news of companies who are uh once again beginning to buy up large amounts of Bitcoin. We had like a bit of a break I'm on like a month-long break not too long ago.

[00:02:00]This is why I've been saying it feels or seems like a lot of this is coordinated as as we're now getting uncertain news as to what the Fed is going to do, what's going to happen with all these new bills and laws and rules and regulations, while at the same time investors uh seem completely adamant that great things are going to happen to prices. What was the one that we just had a day or two ago?

[00:02:30]There was another like massive price prediction from some What was it? Oh gosh, I don't remember. Anyway, their charts showed said that the most bullish uh option was by December Bitcoin being at 255,000.

[00:02:50]And I was like, "Yep, that's exactly what everyone else has been saying." So, in very popular news, there's a company called Strive, and I've and I found out multiple times their their their their complete name is Strive Asset Management, cuz I was looking I saw the news and I was looking around like not to see if it was true, but I just don't usually trust one source, so I try to always look around, and they are called Strive Asset Management. Yes, I get it, you cannot find the news with just Strive, because apparently it is it is not a thing.

[00:03:27]Um so, unbeknownst to me, this company has been buying large amounts of Bitcoin uh for some time now.

[00:03:39]I I do not remember ever saying the name Strive over the last 2 years uh has been buying Bitcoin. That's just not something that I remember doing. However, they just bought more Bitcoin.

[00:03:55]It says Strive bought 382 Bitcoin for about 30.3 million US dollars between the 13th of May and the 18th of May. What usually happens is is as far as we understand, these companies, they try to buy huge amounts of Bitcoin or they buy Bitcoin in general, and then they release the news later to the public.

[00:04:20]I think it's meant to be some kind of a like look, we didn't rock the boat kind of situation cuz MicroStrategy does the exact same thing. They'll buy 9 quadrillion dollars worth of Bitcoin, and then like the following week, they'll announce that they did it, and I think it's meant to be like, look, we're able to buy this amount of Bitcoin without moving the market up or down, or that's what I understand. The purchase raised Strive's total Bitcoin holdings to 15,391 Bitcoin.

[00:04:56]I'd I've I've I feel like in the last 2 years, we would have gotten some other kind of news about a company called Strive Asset Management purchasing 15,300 and uh I don't remember this company at all.

[00:05:14]We've only gotten uh MicroStrategy, and recently we had another Metaplanet popped back up in the news. That's why I was like, okay, it feels like something's going on.

[00:05:24]And there was another company as well, but no Strive. Strive said it held 87 million dollars in cash and 49 million dollars in uh MicroStrategy preferred stock.

[00:05:38]MicroStrategy with their 11% uh dividend monthly.

[00:05:44]11% monthly dividend.

[00:05:47]The latest filing places Strive as the ninth largest public corporate Bitcoin holder.

[00:05:53]At current market levels cited in the company update, Strive's Bitcoin position is valued at around 1.2 billion US dollars.

[00:06:03]The purchase adds to a series of treasury moves that have increased the company's exposure to Bitcoin through repeated acquisitions this year.

[00:06:12]I don't I don't remember any of that.

[00:06:15]The latest filing places Strive among the largest publicly disclosed corporate Bitcoin holders.

[00:06:22]The company reported that its year-to-date Bitcoin yield is 18.4%.

[00:06:28]It also disclosed an amplification ratio of 44.3%, a measure it uses to show Bitcoin's exposure relative to the market value through its preferred stock structure.

[00:06:39]Cool.

[00:06:40]So, no, not even slightly joking. I don't remember a company called Strive at all.

[00:06:47]Um, but once again, interesting to see that everyone uh is is is is playing ball again, as it were. Um, there is supposed to be, so as of right now, we are expecting, especially with the idea of them selling, we're awaiting the day, in the very near future, where BlackRock and MicroStrategy will each have a million Bitcoin. I'm still curious to see if um Metaplanet is going to be able to acquire their 210,000 Bitcoin uh this year. I mean, probably not, but whatever, you know, that's the I have a few you know, it's it's it's all about like timing and then FOMO.

[00:07:39]So, you can you can acquire as much Bitcoin as you want over the course of a period of time, but if we get to the point if we get to the point where Bitcoin actually does triple in price, I think these companies are going to lose their minds buying as much as they possibly can at three x the actual value. Anyway, that's the strive news. Let's see if they pop back up in the news.

[00:08:02]I they somehow acquired 15,391 Bitcoin without me even knowing who they were.

[00:08:11]Look at that.

[00:08:13]You know, okey-dokey.

[00:08:16]Let's move on.

[00:08:20]All right, so I'm not knocking it. Don't worry. It's just more of a Yeah, but yeah, you'll you'll see. So, about 2 years ago, we were um gifted with a a a slew of um ideas and uh I don't want to use the word promises, but I'll say ramises. Not Not exactly a prom where uh we were told that certain things were going to happen to the cryptocurrency uh space.

[00:08:56]The one that still sticks in my noggin is uh the idea of like crypto being tax-free within the United States. And even even even more defined, it would be cryptocurrencies created in the United States that would have zero tax implications to them.

[00:09:17]As time has barreled along, we're seeing that some lawmakers are trying to get things to pass through to make them law within the us, but it it feels like mega compromises as opposed to what we were supposed to actually uh get. So, uh this was quite popular as well. And once again, not knocking it, you know, slow and steady wins the eventually get there.

[00:09:49]A bipartisan group of US lawmakers has reintroduced something called the Parity Act. So, we have the Clarity Act, which is trying to get released or pushed through to make tokenization and stable coins, the things that takes over the world of finance. And about a month ago, maybe 3-4 weeks, I don't remember, uh we had we had we started hearing about something called the Parity Act. And I think the news was that it was going to be like reintroduced and spoken about.

[00:10:26]That was literally what I think the news was, and people started getting quite hyped up about it. So, the Parity Act is a bill designed to modernize cryptocurrency taxation by directing the IRS, the Internal Revenue Service, to study the impact of exempting small digital asset transactions from tax reporting. If you haven't been here for a long time, this used to be one of the cornerstones. You know how like you constantly hear like Bitcoin digital gold, Bitcoin does the Macarena. Like you hear all these like really weird things about like crypto.

[00:11:03]One of the original things was the idea of actually being able to use Bitcoin in everyday life.

[00:11:11]So, one of the original mantras was being able to use Bitcoin to buy a cup of coffee. That was always the thing.

[00:11:19]And then people were like, well, Bitcoin has pretty high fees. So, that's not going to happen. The Lightning Network was introduced, and then it was like, cool, this is a new fast easy quick way to spend I was going to say 99 cents.

[00:11:32]Coffee's not $0.99, but like that you understand. To buy a cup of coffee with Bitcoin.

[00:11:37]The problem is is that within the United States, if you use your crypto to acquire a service or good, uh you create a taxable event. And therefore, [snorts] you would have to spend money, additional money, on the actual taxation of that thing that you just did, no matter how small the actual transaction is. So, as we move further, potentially into a world where cryptocurrencies are the mainstay, we use them for everything. It's 2037.

[00:12:10]You're paying in stable coins or Bitcoin, whatever the future supposed to look like. No one's going to be buying a car to a cup of coffee if that thing is already taxed, like with the local state tax, and then you have an additional tax on top of that cuz you spent your crypto.

[00:12:30]The legislation, first reported by CoinDesk, proposes a tax exemption threshold of $200.

[00:12:40]Yeah, for minor minor crypto transactions.

[00:12:43]A move that the crypto industry has long advocated for to facilitate everyday use of digital currencies. The problem is is that it's only $200.

[00:12:58]So, unless you are making constant $200 uh purchases, then it doesn't really make a lot of sense. This uh one That's That's That's what I was saying, like I'm not knocking it, but it feels like behind the scenes, they were like kind of whittled down to 200. This would have made, I dare say, far more sense if it was like 10,000.

[00:13:25]And I say that from a logical perspective because 10,000 is usually when the bank and the IRS like their alarm goes off and they think money laundering is actually happening or even like 5,000 would have also or you know you like you can you can buy a new couch and a new TV without, you know, having to pay taxes on it, but alas, the bill backed to buy both parties aims to address a long-standing friction point for cryptocurrency adoption.

[00:13:53]Tax reporting requirements on small purchases.

[00:13:58]Currently every single crypto transaction regardless of size may trigger a taxable event creating a cumbersome reporting burden for users buying everyday items. It even says it here like a cup of coffee.

[00:14:15]The parity act would require the IRS to study the economic and administrative effects of exempting transactions under $200 from such reporting potentially paving the way for a permanent exemption. If they got to 200 and the IRS still has to like look at it and I this is I feel whatever.

[00:14:33]I feel like this is going to be another like SEC kind of situation where people are asking you for over a decade to give them an ETF.

[00:14:43]Just give them the ETF with you like presiding over it. I'm going to assume logically that people working within the IRS, just logically speaking here, they know numbers really well and it shouldn't take them any more than three and a half days to give a yay or a nay to this. This shouldn't be something that takes a week, a month, a year, three and a half, four and a half years to go, well, 200, you know, just just do it.

[00:15:14]It it's it it's always some kind of like I don't know why governments do this. I don't know why central banks do this. I assume it's to like assert power in some sort of way to show that they can take their time.

[00:15:28]But this is why things take forever. It It just doesn't have to actually be this way.

[00:15:32]First of all, once again, there were there were promises for completely tax-free use for American-made crypto. That's why you might have noticed 2 years ago there was like an uptick in popularity for It was Bitcoin, XRP. I think Algorand is also a US-based crypto and like two or three other ones and Litecoin as well.

[00:16:01]But since then we've heard not a gosh darn thing. So, it just It's sure. Why why not? Um if they truly want crypto to be like the number one thing in the United States, if you haven't seen we have had constant discussions about people telling us that they want the United States to be the crypto capital of the world. You know how you do that? You You You make the number higher than 200.

[00:16:31]Like what costs $200 besides groceries? That like you know it just It just doesn't make a lot of sense.

[00:16:38]Anyway, I I I have a lot of ranting left inside of me.

[00:16:41]That's the Parity Act.

[00:16:46]If If the next act is called the Marity Act, I'm going to be Okie dokie.

[00:16:53]Let's move on.

[00:16:57]So, as you might have imagined, this was destructively popular news.

[00:17:04]I did look around and I I I believe that this is true and real.

[00:17:11]And I say that to because the last few months there's been a rather large uptick in XRP news. And when you actually when I actually search the interwebs for like sources and things regarding that news, I'm not finding a lot of them. So, there are a lot of XRP airdrops that are all scams. There are a lot of people announcing that they read in a document somewhere that XRP is going to $10,000.

[00:17:46]There's a I I see it all the time on Twitter.

[00:17:49]People are posting things like, "No, so I I just saw a thing that the Fed is working with Ripple and Ripple's working with Amazon and Ripple's working with this." And then luckily people in the Twitter comments are like, "Source?

[00:18:05]Can can you give us something?" And then the person kind of stops responding until they post something else.

[00:18:12]So, a huge gigantic amount of uh energy right now being directed in the Ripple XRP corner has to do with the idea of um central banks actually using either XRP or using Ripple's stablecoin to move money around the world.

[00:18:35]That's the news that we've been getting.

[00:18:37]That's the current XRP narrative for what it's supposed to be doing and what's going to bring it to $10, $15, $20 per coin.

[00:18:46]So, apparently, it says Australia's Central Bank has completed something most financial institutions are still theorizing about.

[00:18:59]The Reserve Bank of Australia, the RBA, along with the Digital Finance CRC, called DFRC, published in their May 2026 final report on project Acacia.

[00:19:17]Okay.

[00:19:19]Uh and then it says here for those of you not looking at the screen, someone posted on Twitter that this is happening. It says, "Just in.

[00:19:29]Australia's RBA deploys wholesale central bank digital currency directly onto the XRP ledger and to Hedera Hashgraph in project Acacia.

[00:19:43]The Reserve Bank of Australia just ran real money on both the XRP ledger and Hedera.

[00:19:49]This is a massive development. Project Acacia is a hands-on research program run and then it kind of gets cut off there. And then they also provided uh screenshots, which I thought was just absolutely dandy. So, as far as we understand as the public uh and from non-disclosure agreements, Ripple is apparently working with not only dozens of banks, but we've also heard hundreds of companies.

[00:20:23]Who hundreds, yes, with hundreds. That was the news with non-disclosure agreements. And as this year is supposed to be the year of tokenization and stable coins and as I've been saying central bank digital currencies, this of course made very popular news. It has to do with Ripple. It has to do with XRP.

[00:20:44]And it would make sense in the context of everything that we've been hearing is also supposed to happen in 2026.

[00:20:52]So, once again, I looked around and this was the more credible of the actual like screenshots from the actual website of the DFRC.

[00:21:02]Yeah, it's uh not surprising, but good news. This is a very um everything's going to happen year without like a lot of names news. That doesn't make any sense. We're getting a lot of like everything's going to be running on Solana. Everything's happening for Ethereum. XRP is going to be the number one so and so. I guess you can throw Hedera into this conversation as well.

[00:21:30]But then the news seems to be hard-pressed to actually like find information about those things.

[00:21:38]So it's absolutely wonderful that we keep hearing you know, Bitcoin December 255,000, 118,000 dollar Ether, 72 dollar XRP. Those are Those are Those are fantastic. But what we as investors actually need is like proof.

[00:21:59]The most we've gotten, which has been quite a lot to be fair, uh Visa announced that they're using Oh gosh, never remember. Polygon, Ethereum, and I believe Avalanche. This was about a month ago.

[00:22:10]Some other company announced they were using XRP, but as far as we understand, it was like in like the testing process as well, which I believe many of these things are.

[00:22:19]There was another Polygon news thing, and I think one other.

[00:22:24]So if there are indeed hundreds of companies looking to use crypto and putting stable coins on these uh on these coins, oh I would fingers crossed that they then begin to announce what they're doing after the Clarity Act ends up potentially getting signed, because that's also the thing that we've been hearing, if you haven't seen from the higher-ups, they claim and say that the companies are literally just apparently waiting for the Clarity Act to be signed. And then uh you know, and then they're legally able to do stuff within the United States, so let's see what happens when we get there.

[00:23:15]Okay, that's the apparently the Central Bank Is it Central Bank?

[00:23:20]Da da pa pa da pa pa da da pa. Yep, Australia Central Bank is running some something on top of Hedera and XRP.

[00:23:31]Okay.

[00:23:33]Let's move on.

[00:23:36]We had something similar to this a day or two ago as well.

[00:23:40]And I and I and I really I don't know if this is a um it's not a mimic, but we're getting so much of like the same news, but from different people.

[00:23:55]So, we have heard endlessly price predictions and where things are going to go from nearly every sing and nearly every single person in this space. They've all said the same thing.

[00:24:10]About a 2 weeks ago, you can even drag it into now. We're getting a lot of like this is the next step for crypto.

[00:24:19]This is going to happen for crypto. 2 months ago, we had a lot of like references and time frames once again to like cryptos where the internet was in in in in 1999. We had one recently someone compared the cryptos adoption to like video games and I was like, what the fudge are you talking about? So, a lot of the news on top of the price prediction stuff and on top of like these things will be used is this idea that we are kind of in the next step of adoption and amazingness that is meant to happen to this space.

[00:24:57]While I myself also love a good, you know, bit of news like logical news about things that are happening within this space.

[00:25:09]All these people are kind of like promising in some sort of way that these things are definitely going to happen in a very short period of time.

[00:25:20]And for investors, you know, out there, many people just want to see the prices move.

[00:25:26]This is very reminiscent of 2019 where all these companies were telling us that the institutions are here. The institutions are so and so. Money's going to move into the market. And like you like you you you you look at the price and you go, "Okay, well, it's it's 2,800." And it's like "Okay, so when like when's the big boom going to happen?" And this is where I think we are now. I would assume that behind the scenes, logically, these people know where the market is going to move.

[00:25:57]I give it to you this way.

[00:25:59]Coinbase, Kraken, Binance, Gemini, Ripple, Ethereum Foundation, Blockstream, they're the ones having these discussions with the countries and the companies.

[00:26:09]But now we're hearing that like, "Yeah, everyone's on board." And I think everyone and I I speak for myself here. I'm [snorts] waiting to see those like everyone's on board prices.

[00:26:22]Okay.

[00:26:24]Ba da ba ba ba ba.

[00:26:25]Um so apparently, I don't know why the article starts like this.

[00:26:29]It says Armstrong frames Coinbase around broader on-chain finance growth. That's a very weird way to start a start a thing. It says and I quote, "There's a generational shift happening and Coinbase is uniquely positioned to capture it."

[00:26:46]Okay, some words are missing here. So Brian Armstrong is the CEO of Coinbase.

[00:26:52]Apparently, he posted something.

[00:26:55]It says his post also emphasized Agentyc Finance with Armstrong saying the next frontier is Agentyc and on Coinbase I guess like an AI agent.

[00:27:07]Okay. Coinbase said more than 90% of on-chain Agentyc stablecoin transaction volume occurred on Base during the quarter while over 99% of the on-chain Agentyc commerce value volume used Circle Coin.

[00:27:24]Are they patting themselves on the back?

[00:27:28]Coinbase has a chain called chain. You know how like Binance has Binance chain, Coinbase has Base.

[00:27:34]The thing about Base is that they literally put all of their assets onto their own chain to show how much assets they have on their chain.

[00:27:45]So, if you have 90% of the stablecoin transaction volume from AI agents happening on your chain, it's because they put those AI agents on their chain to do stablecoin transactions.

[00:27:59]And 99% of the transactions happening with with Circle Coin, do you know who created Circle Coin?

[00:28:06]It's Coinbase.

[00:28:10]Beyond AI, Armstrong highlighted Coinbase's everything exchange strategy.

[00:28:17]The company said derivatives trading rose 169% year over year while prediction markets reached more than 100 million in annualized revenue during March after two full months live.

[00:28:29]Uh side note, to anyone out there and and I know you might might not want to hear this, I'm so sorry.

[00:28:35]Um prediction markets are um let's just say don't use them if you don't have to.

[00:28:44]The average person is is losing quite a bit of money on prediction markets and they're being told um that they will make money and the reality is it's the actual insiders who have the inside information uh who are making the money and other people are rapidly losing money. So, a lot of companies to try and get you to be enticed are announcing that they made a hundred million from prediction markets, but they're not talking about the actual like how much normal people made it's because they're not making money.

[00:29:23]They said our thesis is simple. Crypto is the best form of money and the infrastructure will overhaul the existing financial system.

[00:29:32]If it involves money, it will involve crypto.

[00:29:37]They listed their three 2026 priorities, their everything exchange, stablecoins, and payments, and on-chain activity.

[00:29:48]Armstrong's post tied those areas to Coinbase's broader view that financial services will increasingly move onto crypto infrastructure.

[00:29:59]Cool.

[00:30:01]I mean, that's that's like some of the coolest news that I've ever gotten. I don't know if any if if if if anyone else is um feeling the same. The idea of Coinbase's everything exchange as well as Coinbase is trying to mimic um dystopian uh Chinese companies who basically you're like you're able to do like everything in one place.

[00:30:25]So, within the app you'd be able to um you know, make a doctor's appointment.

[00:30:32]You'd be able to order groceries. You'd be able to send your friend money. You'd be able to text your friend. You'd be able to browse the web through their systems.

[00:30:44]But the problem is that once again, everything is going through Coinbase.

[00:30:47]So, everything you do would be monitored by this one company who would then send your information to um uh whoever wants it. Basically, whoever's like asking for it cuz that's usually what happens in many cases. So, just throwing it out there, you know, we uh not everything has to be hyper dystopian and uh-huh. So, cool.

[00:31:20]Um apparently things are on the up and up for crypto.

[00:31:26]I'm I'm I I think, you know, the the the 18th of June, we should we should be pretty certain as to what's going to happen.

[00:31:36]If you're unaware still, it's the 16th and 17th of June.

[00:31:41]That's when we hear the yay, the nay, or the or the may.

[00:31:48]I don't know. For what the Fed is going to do with interest rates. That'll be a clear sign if if prices will go up, if prices will go down, or prices will go sideways. So, yeah.

[00:32:02]I think that's going to do it for this video, everyone. I do hope that you've all enjoyed.

[00:32:13]I do hope that you all are having a great day, a great morning, a great afternoon, a great evening, wherever you are, wherever the heck you might be. I do hope that it is absolutely fantastic.

[00:32:23]Thank you all once again for watching, listening, liking, commenting, and supporting, and I will most certainly be talking to you all soon.

[00:32:35]See you.