🔥🔥XRP SCHWARTZ DOES UNTHINKABLE

Added: 2026-05-20

[00:00:00]Crypto is taking it to the banks in a lastm minute push to get clarity across the line. We're gonna hear from some industry bigs out there, including David Schwarz, who did the unthinkable. But look at this first. This I want to see what happens. I want to see if this holds up. Oh [ __ ] I just spilled on my desk trying to rub it. Won't say that out loud. Is the stock market heat map for the entire year. What do you notice?

[00:00:26]Most of the banks pretty soft in the red with holy crap a bunch of sectors in the green. Does this mean crypto is already chipping away at the bank's position?

[00:00:38]Our players free.

[00:00:40]>> I say lots of naughty things. So here's your warning.

[00:00:43]>> And our players ditch and trade fi for some defy. We've got crypto newses clarity act markup is less than 24 hours away and we're going to be live streaming it. Volume for the crypto market though is at 92 billion. Get that Marquetto. A what? Viagra needs it. Odds right now 58%.

[00:01:04]Thinking what? Thinking oil. Thinking $10186.

[00:01:09]While Lauren says, "When are you going to post the other mug? Don't worry about comfort zone. It represents the moment in time and you're all good info. Good days ahead." Oh, you mean this mug right here? which on the one side has candlesticks and on the other side it says I huddle because I can. Haha. And I'm gonna sip.

[00:01:34]I actually put my electrolyte drink in there. Now if I like die at the end of this, don't buy this mug cuz it's probably like poison. But if I'm alive, bombs away. I got it out there. Thank you, Lauren. Now, let's get into the news. Coinbase CEO says clarity is closer than ever. Here's why crypto investors care. For years, crypto's biggest problem in Washington was uncertainty. Now that Brian Armstrong says clarity may finally be within reach. You want to hear the guy? Of course you do.

[00:02:05]>> Hey everyone, Brian Armstrong here. I'm back in the Senate office building in DC in anticipation of crypto market structure legislation going to markup on Thursday, which would be a historic moment. And the energy here is is just palpable. So, first off, just want to say a big thank you to the Senate and of course their staff who have been putting in countless hours to get this bill to a good place. I don't think it's ever been in a more strong position and more bipartisan position. And I also want to thank the 3.7 million stand with crypto advocates who have made their voices heard to get this legislation to where it is today. Now, there were a number of open issues that have now made incredible progress. Um, stablecoin rewards was a big one. You know, I think there was a healthy compromise there brokered by Senators Tillis and also Brooks. And you know, it was a good compromise because both sides left a little bit unhappy, but at least we got to a place that we can all live with.

[00:02:54]And then of course the other issues which I mentioned in my expost back in January that were problematic in the prior draft. Things like DeFi and tokenized equities and CFTC authority.

[00:03:03]These have all been improved and fixed from our point of view. And so the bill is stronger than ever. It's bipartisan.

[00:03:10]Uh it's ready to go to markup. And I'm incredibly bullish on what this could mean for American innovation and ordinary Americans benefiting from this technology. So, we'll keep you updated and keep fighting the good fight.

[00:03:21]Thanks.

[00:03:21]>> You got it. Brian Armstrong, the same guy that blocked this like four months ago. Now what? You're trying to act like the savior. Come on now. says, "Thank you to Senate staff and the 3.7 million people stand with crypto advocates helping to get this legislation where it is today. Mark it up. Comment why you the viewer matter most." JPEX Legend says, "I really like the design. So, do I, but I want clarity even more.

[00:03:52]But we got a problem. The Clarity Act is one vote away." Are you [ __ ] serious?

[00:04:00]One vote away. Listen to this.

[00:04:02]Democrats want Trump. And here's why. We need seven votes from the Democrats to pass the entire Senate subcommittee.

[00:04:09]We're easily going to get that. Okay?

[00:04:11]I'm not worried about that. But we're talking about the full big, the big the big meatball, the big sub sandwich, the big burrito, grande, aocate, langua, pouyo, chorizo. Oh my god, I got to travel. Democrats want Trump conflict of interest provision. Senator Lizzie Warren introduced dozens of amendments, including one that would prohibit political corruption in banking applications and presidential bank ownership, directly targeting World Liberty Financial.

[00:04:47]Democrat Chris Van Holland wants to ban the president and senior government officials from owning, promoting, or affiliating with digital asset businesses. Meanwhile, Democratic Senator Kristen Gillibrand said the Clarity Act will not pass the Senate without a conflict of interest provision.

[00:05:08]Why does this matter? It's because we need seven Democratic votes in the Senate to pass the whole thing. You had the Senate a committee already mark up their thing. That's the red arrow. They marked their stuff up, but they said during this conflict of interest, watch out. Senate Banking Committee has to do their thing. Supposedly, we're good to go. I don't think they'd be marking it up unless we're going to get it. So, mark my words. We're going to be getting markup tomorrow. We should be good to go on that. So, they're going to put it up here, but you still need the seven Democratic votes. And right now, what's holding it up? Conflict of interest. The same thing that they told us when the Senate a committee did mark up. They said, "Look, there's just conflicts of interest. We got to figure it out."

[00:05:56]These seven Democrats can kill this. One Republican could freaking kill this. But the seven Democrats, you need seven to come across vote party lines and go make it happen. Then it goes to the House.

[00:06:12]The House is easy. Simple majority. Then it goes to L. President freaking Dent.

[00:06:16]Let's do another comment. Why you the viewer matter most in? Happy 13th.

[00:06:22]Wednesday the 13th. Humperoni days here.

[00:06:26]Peter Gozner says, "Did you get that booger off your cursor finger? Am I the only one that caught that dude?" Yeah.

[00:06:32]Did you see me during the video? I was doing a little bit of nose picking. I wasn't, but my cursor was. Someone was up on screen and now I was doing a little picky picky.

[00:06:42]Clarity act conflict of interest. Now, David Sax says this. Tomorrow, markup of the digital clarity act is a monumental step in making the US the crypto capital of the world and maintaining America's leadership and innovation. I applaud Chairman Tim Scott and the Senate Banking Committee for working so hard to craft the necessary compromise to advance this legislation at a staff level. I also want to thank Shut the [ __ ] up. Okay, I get it. You're just circle jerking each other. Look, circle jerk each other when you get across the finish line and this thing fully passes.

[00:07:16]Markup isn't the whole burrito. Isn't the whole big blah blah. It's not. It's just a small part of it. Now, David Schwarz is doing what David does. And David is arguing for the banks. And you're like, "Wait, Klaus, what?" Hear me out. We're going to take a big big trip on this one. David Schwarz said, "If I had one wish, it would be that everyone in crypto would watch this video I made six years ago where he talks about the best incentive is no incentive."

[00:07:51]Okay, think about this. The best incentive is no incentive. Why did we fight for stable coin rewards? Because we want incentives to park our money somewhere. We don't want to park our money somewhere and not get rewards. So, incentivize us.

[00:08:10]What do you want for work? Incentives to work harder.

[00:08:16]Mhm. Mhm. So, David, you're saying somehow in the business world, because yes, crypto is still business, that the best incentive is no incentive.

[00:08:26]No, that attracts a whole bunch of people that are not interest Oh, I'm sorry, doesn't attract people that aren't interested in stuff like that because we want an incentive. We fought stable coin yield as an incentive. What is the incentive to place our money with a bank, right? What's the incentive to place your money with DeFi? What's your incentive to place? You see what I mean?

[00:08:46]It's all about incentives.

[00:08:48]XRP's price, XRP needs a [ __ ] incentive. An incentive to do something more than it has been rangebound between a$135 to$145 for the last three months.

[00:09:01]Volume 2.2 billion. Latest Clarity Act odds like I said 57%.

[00:09:09]They're doing a lot of cheer and a lot of jerking the mirkens.

[00:09:13]You know, a lot of Good job. Good job.

[00:09:15]Good game. Good game, huh? Doctor, doctor, doctor, doctor. Yeah, there's a lot of that going on. And I gotta be honest, kind of worried about Clarity Act making through the full Senate with those seven votes from the Democrats, especially when ethics is a big big problem.

[00:09:33]And homeg girl right here is not going to go down without a fight. But see, I huddle because I can. And the reason I can't is because I do the research and I'm zooming out seeing exactly what the big picture looks like. Optimistic in regards to the subcommittee up vote.

[00:09:50]Being very cautiously optimistic about the whole Senate passage. Seven votes is a lot and right now ethics is the big concern. And I don't know if the Trump family would want to cave in and say, "Nope, we're going to abandon our crypto dreams." I think there's too much there at stake for them. There's too much wealth potentiality right there. They know as well as you and I know that if all of a sudden Clarity does pass the entire Senate, they get the votes, crypto peeps are going to be getting a lot more money. And I showed you earlier, there may be some of that money already leaving the banking system.

[00:10:24]Banking stocks, financial stocks have been pretty soft this year. So, just throwing it out there. And also throwing out there that I've got the mug, the huddle because I can mug. It is the ultimate FU to the banks because see the huddle word tells you everything that you need to know. Crypto and for the banks, right? You huddle because you can. Because you want an incentive for your money. Well, David Schwarz, best incentive is what? You huddle because you can. I huddle because I can. Because I do the research. I huddle because I can. And I put like little candlesticks on the other side. So, no matter what hand you're holding it with, it looks really cool. And it's familyfriendly.

[00:11:07]It's a nod to crypto. I didn't want to put any kind of cringe crypto on there.

[00:11:11]I put huddle so that it's for anything cuz I got a lot of people out there that like this, this, this, this, and this kind of cool color design handle. Offset white. Look at the bottom. Nice and crisp.

[00:11:24]I don't know if it's microwavable. I don't know if it's dishwasher safe. I'm going to [ __ ] put it through the ringer, though. I'm going to put it through the dishwasher. I don't give a [ __ ] I want to see what happens. I want to see if this holds up. Oh [ __ ] I just spilled on my desk trying to rub it.

[00:11:35]Won't say that out loud. Um, yeah. So, stuff is in. I'm going to work on links and stuff like that. I'll get it all figured out here soon enough. I literally just spilled all over my keyboard. Damn it.

[00:11:47]Oh, and I had documents. My desk is a mess right now. I'm sorry. My desk is a mess. Choo choo. What? Well, I'll choo my dumbass. I got to go wipe up the water from the IHddle because I can mug.

[00:12:01]Hm. With candlesticks on the other side.

[00:12:05]H choo choo. What?

[00:12:08]Choo choo [ __ ] Now I got to clean up my mess. Damn it. Oh crap. And I don't even have like a towel in here. Like what the [ __ ] is this? Are you serious?

[00:12:20]There's no [ __ ] There's not even a bike towel in here. What the hell is going on?

[00:12:26]What the [ __ ] [ __ ] [ __ ] spilling this [ __ ] You're still watching? Yeah, cuz I left the camera on. Way to go, Clouse. Idiot.