Crypto News and Rumors: Bitcoin ETF, Tether, and China

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Crypto News and Rumors of new regulatory news.
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ADA

addr1qxa844x2nm493q6pc9afl95v957aese7tathv3qmwq48mzc5dwfgxsjkqlnetr8y8t5ztrhczdpv0se8kf8l5wv74z7qgxsnf6

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All right people all right well I don’t really know about the certified crypto whatever I don’t really believe in certified crypto stuff but you know they might have a they might actually have a title for it they definitely might have a title for it and maybe that like you know every single

Certification essentially is uh money you know like every like it’s basically a way for them to like make money selling crap so I guess but uh yeah more or less just I don’t really I really don’t put too much into like certified crypto advisor because I don’t really think um

I really don’t think it matters all that much cryptos especially for altcoins is kind of a game of guessing the only the only cycle that matters is really the fouryear cycle and then like nothing else none of this other ta stuff or like the new stuff matters all that much

What’s the latest with the ETF um I think with the ETF like like some some uh like some of the companies have already like uh they’re they’re already going to start seating next week so like I think Tuesday or Wednesday day you could see a move up uh his certification was mostly for

BTC advisement I can see that I mean I think it’s it’s a piece of paper that makes you look cool is what I think it is I personally like regard it as a piece of paper that makes you look cool and might be able to attract some

Clients that’s what I regard it as do I actually regard it as like I don’t really regard it as like something Uber amazing I mean I might be wrong and it might be Uber amazing I uh but I don’t think so 39 9k BTC is obviously possible

It’s only 3,000 away but I actually do think it’ll go up before it goes down it will probably drop after the P BTC after the ETF issues but I do actually think it’ll actually go up as well first so I do see a a a move up to

Maybe 45 hopefully 45 or 46 and then a drop to hopefully we can hold 40 but there’s no guarantee because there’s been so much hype built up on this ETF that once it hits there might be a bit of a sell-off I’m not really sure how

Much of a selloff there will actually be though cuz like I said people do have to buy Bitcoin once the ETF is up so there’s going to be that visor I would be a 27y old visor F you’re asking to get people wrecked I mean look like I

Said I don’t really see those certificates but some people like the certificates actually make some people feel better that they actually have a certificate I mean like uh people are saying that they’re are like there is a possibility like bitwise says they’re buying $200 million worth of bitcoin

Like next week now I don’t really know if that’s true or not um some of the funds they say they’re getting the news they’re getting their news Dro from the SEC as soon as Tuesday or Wednesday that might actually be true a certificate for be being like a professional crypto

Financial advisor thanks man thanks for the donation thanks for the donation man ICP ICP ICP awesome awesome I still think ICP is going to like 100 bucks though like that’s uh that that’s my guess for ICP which isn’t which is a pretty decent Roi bullish on

ICP over 200 million stakers for 8 years and 12 million only on CI exchange I see Bon or kok I you know what Bon has actually retraced a little bit so I probably go for Bon salana still sorry salana has salana still has way more liquidity so i’ still go with the

Salana stuff I would say Tuesday and Wednesday are pretty bullish overall because I don’t know how much money is actually coming in Tuesday or Wednesday ICP is basically doing what salana did just get back to its prices from April or of 22 but remember ICP debuted at

$700 so if you bought during that Ico you still got a long way to go and I don’t know if you’re ever going to get it back uh from if if you uh bought it at the Ico price it is what it is I don’t really

See it as a salonic killer first of all the only reason why there’s an so the only reason there’s an ethereum killer is because ethereum is really slow and it costs a lot if etherium wasn’t slow and cost a lot it doesn’t it wouldn’t actually matter how good salana is so

Unless you like you know if salana like keeps crashing over the course of um if salana keeps crashing over the bull run then you might have a chance with ICP but if salana does not crash over the bull run then you don’t really need a salana killer because no one really

Wants to replace salana that’s the thing like you need a reason to actually replace the blockchain if everyone is using if everyone is using salana and there’s no problems and it’s fast no one’s really going to care about replacing it there’s uh lots lots of these to come in

20121 yeah but all coins are manipulated and see see how icp’s Ico went I don’t think it’s going to be that much better than salana remember icp’s Ico like they sold coins for like 3 cents during the Ico then and then SPF manipulated to $700 to start so it’s not exactly non-

Manipulative itself like how else do you think ICP got up to $700 when it first debuted so on the manipulation fact on the manipulation stuff and that’s also not like that’s not really a usage issue like ethereum has a ethereum has a usage issue you like literally can’t use

Ethereum because it’s too expensive so if Sal like like I said if salana keeps going down over the course of the bull run then you have a case with ICP but if salana doesn’t really go down over the bull run then you don’t really have a case with ICP either that’s the thing

Like salana can salana has a chance to knock some stuff off ethereum because ethereum sucks basically so salana has to have like a major usage flaw somewhere and no centralization isn’t really a usage flaw because like PE investors don’t really care as long as they can use

It people and I don’t know if ICP is really decentralized anyways that have had experience in the market makes a big difference yes I I I do think experience in the market uh is probably the most important factor for crypto like your ability to read charts uh research news that’s kind

Of all like secondary I mean you know that Bitcoin follows a fouryear cycle somewhat and as long as you go on that I think you’re going to do okay obviously like you know the stuff like people have been know in it for a while know stuff

Like the ETF does affect stuff too so there’s like some basic things but I I don’t really know like how much you can actually draw outside of that what’s what’s your best hardware wallet Keystone 3 Pro I mean I I still think like u i I know some people have um

Problems with Ledger treaser has had its own issues they’re just not as big because like not as many people use it 10 gim’s also getting more popular as well I still think for most people Ledger is okay remember the problem with Ledger last time was because of its

Connect if you if you’re using Ledger you have to use it as a cold wallet to avoid those problems of course like any third party extensions on any hardware wallet can cause problems ICP I think has smart contracts though is the thing and the thing is ICP

Has been growing lately like yes ICP did fall from $700 but that was obviously clear manipulative price there was no way it should have went up to $700 first of all but it does actually have Smart contracts I believe what uh 8 I I don’t I don’t really do minimum prices because

There is a chance that some of these coins don’t do anything now cardono has already come up twice so it’s obviously not going to not do anything but I think it’ll least but I think like5 to10 for cardano at least I think it’ll reach two

To three but probably 5 to 10 V I’m looking for a dollar still but I would be fine with 50 cents ICP and salana giving me a rug pole vibe well any coin can actually rug pull the thing is like Solana’s usage actually is not bad right now and unless it keeps

Crashing like if it keeps crashing then it’s game over but if salana doesn’t keep crashing I think it actually does okay yes the supply of ICP has increased a lot since it came out and that might play a factor too happy New Year man happy New Year you can also use like

Keystone but I mean like like I said 10 gy is getting more popular as well the thing is if you’re going to buy a cold wallet if you use it as a cold wallet you have less problems if you actually want to connect The Ledger to like evm

Or other ecosystems then you’re going to have problems because you have to connect to third party Services connecting to third party Services is always always going to be a risk for any hardware wallet because the hardware wallet itself a lot of times is really not truly hackable but if you connect to

A third party service then it becomes a lot more hackable that’s just uh that’s just the way it is like that’s just that’s really just the way it’s going to be you know I don’t know how many people would literally sacrifice their money by investing in ICP and just for the sake

Of investing in the best tech well I I think best tech is very arguable you can’t really say xrp is the best tech because it doesn’t really have like am amm it doesn’t have like smart contracts it it doesn’t have like uh it doesn’t actually have a lot of the feature ICP I

Don’t really know I don’t know where the tech is better than anything else is a thing you have to look at the tech on the other stuff as well like I don’t think you can just Proclaim like one chain has the best tech uh the problem with ICP is there’s

A ton of strange influencers taking up this project which is a red I I think like any large project there’s going to be a bunch of influencers because they because a lot of people are going to have bags Tech is also not the best but

They think it it’s the sh I mean like honestly like it’s really hard to say which crypto Tech is the best there realistically they’re all sort of similar if you really if you really look at it they’re all sort of similar like there’s not one that’s fully decent centralized that’s fast and that’s

Secure there isn’t a single one that’s like that cuz like usually they have two out of three they’re fast secure they don’t have decentralization they have decentralization they’re secure they’re not as fast so it it really depends on what you like it really depends on what you’re actually looking

For influencers get paid 2K per video for ICP I mean that’s true they might get 2K per video for ICP I don’t think did the ICP videos really get that much coverage though are a red flag because it means but like do you know like but do you know their paid influencers do

They disclose their paid influencers because technically like according to the rules you have to disclose if you’re a paid influencer I think polka dot I’m just going to hold man I don’t really have any other plans for New Year I’m just going to hold I don’t I never really had

Plans to sell or anything for the new year think polka dot is leagues ahead many updates coming we’ll see we’ll see multivac is a Hidden Gem look I said vchan I’m looking for like a dollar but 50 cents would be fine for me as well for like 10 years maybe five and there’s

Going to be more than one winner it’s like you know there’s Microsoft Apple Linux they’re all for different purposes like I host my websites with Linux I definitely host my websites with Linux and I basically like there’s a lot of other stuff like Microsoft as well I

Mean I like for my desktop I use Windows because Windows is just a lot more convenient and I like the interface and honestly like unlike other people I don’t have a lot of security issues with Windows cuz I don’t download random crap anymore I had a lot of security issues

With Windows when I went to like cheesy sites and downloaded random crap but since I don’t really go to those sites anymore I haven’t had any issues know best mechanism ad I mean Ada is more decentralized than the rest of them yes but it’s not quite as fast as the other

Stuff given all the negative that’s gone because it’s been a while since the negative actually has actually come up it’s it’s pumped up in price the meme coins have made it really popular and the UI ux is really good plus it’s actually a really fast chain as well so

There’s been a lot of positives over the last year Ada’s like doubled in price in like the last 45 days man it’s not like it’s definitely not dead no lockup is a good thing for me and also like that the the GitHub for Ada is like one of the most

Active ever ID growing no lock up is a good thing for me I mean no obviously during a bull market you don’t want to lock up salana did a ton of marketing I mean the marketing is quite good for salana as well but the uiux for

Salana use is quite quite good it is pretty good anyone in the real world even working with at companies I think it needs that push I mean I don’t think anyone in the real world is using like any of these cryptos honestly they might have like a partnership or two like Mo a

Lot of the Partnerships are like the cardano Africa partnership or like you know cuz yeah that the administration like some of those countries are actually using cardano but they’re not it’s not really going to affect the price multivac left last so like you like the government of Ethiopia it is actually working with

Cardano so is a couple of other African countries and stuff but like these things don’t really affect the price the problem with people is they actually think industrial utility affects the price of their coins it really doesn’t it might get it some hype out but outside of the hype it doesn’t really

Matter in terms of the price I mean I’ve been saying this for like two years now and like people still aren’t listening they’re like oh utility industrial utility gonna drive price up to Infinity I’m like no dude it doesn’t matter it really doesn’t matter at this point

Going to pump my bags they’re not gonna pump your bags but honestly none of these Partnerships pump your bags have you seen like outside of the initial fomo which one of these Partnerships for any of these cryptos have actually pumps your bags I don’t think you can name one

It’s hard because like the har bar stuff with a Dennison it had that initial pump and then it just died back down so it’s not like any of these things pump your bags like you know Ripple has all those Partnerships has it pumped your bags obviously not har bar has a bunch of

Partnerships has it pumped your bags no it hasn’t you know why salana pumped it wasn’t because of their Partnerships it’s because they have a bunch of freaking meme coins like Bonk I mean that’s what pumps your bags that’s what pumps your bags right now stuff like Bonk Myro and whatever else

Whatever else meme coin comes up next it’s not because oh my God I have a partnership with Microsoft it’s going to pump your bags no it doesn’t do yeah but now since we’re actually now since we actually have we’re bullish the defi in the ecosystem is going to

Start to matter because people are actually locking money in at this point if you don’t have a defi ecosystem no one’s going to lock money into your coin you’re you’re you’re basically just trying to like like basically hold and pray that it goes up Myro Myro was

Another like um meme coin that came up after salana I don’t know if it’s still a buy I haven’t really kept track of it next bull market cardano will shine I think they it’ll be fine this bull market as well it it’s not really it hasn’t really been underperforming

Either for for this bull market but like in the bull markets it’s the coins that actually have tvl and that have these options that are going to get get people that are going to get people to use the coin if you actually look at onchain if you actually look at

Like how much the chain is being used in terms of maximum capacity it is the it is actually the coins that actually have these features that get used more I mean there’s like there’s several kinds of transactions and they have different kind of like taxing resources on the

Chain there’s a reason Ripple didn’t do the like there’s a reason that like some of the validators did not vote for the AMF on amm on Ripple because they because like The xrp Ledger didn’t seem to be able to handle it whereas like you know we haven’t

Really like we have to see that these coins can actually go through a bull run where the Define stuff is being used without bogging down the meme season timing I mean the meme season timing get came along as soon as some of these other some as soon

As some of these l1s went up that’s not that surprising though because the memes depend on the l1’s liquidity to actually function if the l1s don’t have liquidity no one can buy the memes because most people buy the memes via their deck partnership with MasterCard pump Salada I mean it might have temporarily

Pumped it but it was really the Bonk and the meme coin stuff that really kept it going up like when Bon came out and it pumped like crazy the interest in salana went up like mad so it was really it was really actually bonking the meme coins

That really got it up like the from $60 to $100 I’m sure the MasterCard bit played a little bit of a role in pumping it but it’s probably the me it’s it’s definitely the meme coins yeah but the but the thing is Leon B I don’t think the coins that don’t the

Coins that like especially if you’re one of the top coins like the coins without a big vibrant part uh ecosystem just aren’t going to do that well they’re not going to do nearly as well as the coins that do have a a big vibrant ecosystem seems to start to take off during their

Conference and ripped from there the conference was the starter and then you had like some of the then you had that MasterCard thing and then like all these damn meme coins came out like when the meme coins first started coming out Salan was still like 60 bucks and then

It went to like 120 now it’s retraced a little bit can move more people than uh War like yeah because mem coins get people to actually buy these things me like mem coins do actually get people to buy these things meme coins directly get people to actually use the decks they

Get people that use the ecosystem that’s why madic pump because uh they were supporting meme coins now like gone yeah look the thing is if you have meme coins that people actually want to invest in you’re getting people to directly use your decks I mean that increases demand for

Whatever governance coin you’re trying to uh uh that increases liquidity and demand for whichever governance coin you’re trying to promote and that’s what you know like despite Caspa coming up in the bare Market that’s why I don’t think it’ll actually do all that well in this bull market not

NE I mean it might but like not it doesn’t necessarily do all that well in the bull market because it doesn’t have that your favorite narrative I I think Ai and gaming will actually be really strong in terms of narrative yeah but meme coins are meme

Coins like they kind of like pump for a while and then they completely dump and they don’t meme coins don’t need to wait for the bull market I used to when you say that if your coin didn’t have def5 I mean you just need people to lock in value in your

Coin I think Soul air drops and nfts pump Soul the the air drops and the phone stuff definitely helped as well because like look if you want to pump up your ecosystem you actually need people to use the ecosystem it doesn’t matter how they use it they could like trade

Meme coins all day for all I care it still gets people to use it I will too Goode cuz the tech is actually the best existing for P2P stuff Dude any Tech works for P2P stuff though if you’re not dealing in smart contracts everyone can have really fast transactions outside of

Bitcoin ALR might be a good pickup just because the the price got like destroyed when the when the like the ecosystem fell apart and it’s still pretty low right now and for casay it really depends on like if the exchangers are even going to list the coin in the first place one of

The one of the main issues with like having like Fair distribution is that like the team and the treasury doesn’t actually have any coins and you might think that’s good but if you actually like you need you still need to incentivize people to actually do things

On your chain so without those coins you you can’t actually bribe people to actually develop on your chain so like what’s being developed on Caspa right now in terms of third party there is a good chance Salan is $400 a year from now sure or maybe even higher Bitcoin Tech

Wise and ideal who cares about smart contracts who who everyone cares about smart contracts people want to be able to do things with your coins no no one cares about being close to bitcoin like Bitcoin is only popular because it was the first coin out there it wouldn’t be popular if it wasn’t

First and you can have the great technology but you’re not first I think George Shilling the crap out of kadana now he’s silent about it I’m sure he had a bag somewhere in there yeah but Bots also gauge like Market temperature Bots most Bots just do like

Most Bots really just um wash trade until like they see a movement the that other movement has to come from somewhere cartey and Flo coin I don’t know much about cartey Flo should be fine I Think Jesus coin’s a scam man I’m pretty sure Jesus coin’s a scam like

They’re basically just using Jes name to promote their crap coin has to be is like fiber to whole as routers yeah but here’s the thing no one wants an upgrade from Bitcoin like you have everything else to that does the functions that Bitcoin has like why wouldn’t they just use like salana or

Cardano or or even Tron like all these other coins can do p top it’s not like it’s not like Caspa has like any kind of advantage in terms of PTP yeah I mean that’s because like Masco shot that’s because a lot of people have like giant bags of xrp from like 2017 so

They kind of they’re kind of stuck in it what do you think about seedfi I haven’t really I’ve never really looked at seedfi yeah it has outages but it hasn’t had them in like a year now is the thing like it I mean like for salana it

Depends if they can get through this Bon without outages if they can get through this bull run without outages they’re going to be flying pretty high if they keep on having outages in the Bull Run yeah it’s going to be on them we use cardano after PR destroys

Bitcoin the ordinal stuff is going to be difficult for Bitcoin to deal with especially if like a lot of people try to use ordinals it doesn’t really matter what Caspa is honestly yeah of course Caspa is like Caspa is a cryptocoin that’s fine but like the network other like other networks can

Transact just as cheaply and just as fast the thing is like that’s not really an advantage anymore you know how it goes tokens take turns pumping depending on weekly narrative people put out yeah but some tokens are going to pump more and if there’s a lot of people actually

Like using the ecosystem it’s going to pump even more r& drr I still think q&t can get to like maybe 2,000 or something maybe one or 2,000 maybe even three um r& drr I I actually like R&R I think they can Thrive off the AI narrative I mean I

Think it can get to like maybe like 3040 $50 somewhere in there barassi or chillaz I mean I like just looking at it I like chillaz more but no matter how many sports teams sign up with them they don’t really seem to have um don’t they don’t really seem to have

Like movement unfort fortunately SEI is investing in big Asia and specifically Korea is q1 I mean Korea the Korean exchanges can definitely pump the coin you think salana is going to get back get hacked again salana I don’t think really ever got hacked they got do attacked which is different doll just

Means they rammed you with so many transactions that your chain couldn’t process them hack actually means someone stole your funds I don’t think anyone’s actually stolen Solana’s funds shitcoins will definitely be lucrative yes I mean they could the the the companies that filed ETFs could get them

Approved as soon as like next Tuesday or Wednesday and if that actually happens if the SEC actually informs them of that they’ll probably open up the funds for um investing like the week afterwards do you think R&R I do think R&R will pass $155 yes yeah I I think if look Bitcoin aside

Bitcoin aside I think if you’re coming up with a coin right now you either got to have like killer Partnerships or narrative or you have to have like a really big ecosystem or both if you don’t have either one I don’t think you’re going anywhere because there’s no

Reason for people to actually invest in your coin do you think yeah but eventually isn’t good enough you kind of need it by next year yeah but Leon B you can still use V chain to do whatever they wanted what you want to do like you you just can’t use

Ethereum and you still you still get like some reward for holding V the problem for V isn’t nearly as big as ethereum thought Soul was hacked when I see my bag up 9x just realized it wasn’t small pump yeah who would really like to see some big news for V

Soon the UK banks are freezing a lot yeah there’s a bunch of banks that don’t allow their clients to buy crypto which I think is BS but banks will do Bank things unfortunately V to 28 to 40 cents 2024 I mean I think it’s possible definitely I don’t know when the I don’t

Know when the height of the run’s going to come there’s going to be a big run up I think the ETFs the having everything’s going to play into it so I think it’s going to be later on next year beo Harris I actually use beo Harris I

Actually haven’t had a problem with beo Harris although I haven’t really tried to buy crypto with my bank account for like a couple of months now several months now but beo Harris I actually haven’t had a problem with like transacting to coinbase or receiving money from binance I actually haven’t

Had an issue with beo Harris the SEC with uh will find a way to delay any ETF they’ve already signal that they’re going to accept they’ve already tried every tactic for delaying but the courts basically ordered them to not delay anymore do you store your crypto if not

In volatile coins BTC or stable coins I Mean if you really don’t want the volatility I’d go for stable coins right now I’d probably put it in BTC if it were me I would put it in BTC but if you really don’t want the volatility you can use like stable coins B that uh and Bank of the

West they won’t allow you to buy from coinbase so that might be because of Canadian restrictions I don’t think I’ve had problems in the United States if it’s the Canadian restrictions look if it’s the Canadian restrictions it’s actually not the bank that’s at fault I don’t I mean I haven’t tried to

Buy for a couple of months but last time I tried to buy it doesn’t really didn’t really seem they didn’t really they really didn’t uh prevent me from going into coinbase so while while bmo’s crypto policy doesn’t support crypto trading from its own platform customers can use their beo

Harris bank accounts to deposit funds to finra regulated crypto exchanges so you can deposit to crypto exchanges maybe if maybe if you’re not a Canadian citizen or something but you can’t but um but you cannot buy from your credit or debit card you can’t buy um you cannot buy

From your uh you cannot buy for uh you can’t buy from your credit or debit card but you have you can actually do Straight Bank transfers so you basically have to onramp directly via AC from Harris but you cannot use your credit or debit card to buy crypto from bimo

Harris but not even from my bank account it won’t remind H that’s weird I because I actually did transfer money from beo Harris but it was like but like it was quite a while ago that I was able to do that but beo Harris basically says you

Can’t use your cards but you have you but you can TR you can do a from directly from your bank account coinbase uses paid uh plaid to link bank accounts I see do you ever wear an Apple watch um I don’t wear watches I don’t like things

Being I don’t like uh things being on my wrist so I don’t wear watches at all I’m not a watch person maybe you are but I’m definitely not a watch Person try again with the account won’t relink with played I see interesting I wonder if

Be that’s kind of weird I I don’t know why that is I have to use a different account from Chase and First United I thought thought Chase didn’t allow crypto at all so from December 12th 2022 so over a year ago if you can’t find your bank credit

Union or other financial institution on PL it may be because of one of these reasons play in isn’t integrated with your financial institution I I don’t really know maybe it’s not integrated but I’m not really sure there were a couple of people like two years ago complaining they couldn’t get into

Played so I’m trying to link my bimo Harris bank account to blockfi I put in my login info on played but it doesn’t connect it also doesn’t give me any other option any advice on how to connect so I’ve had problems in the past with this name on the account not

Matching my blockfi account it was a joint checking account blah blah blah so like I guess your the name on your account has to match the other account if you’re trying to link a joint bank account you can still do it you just need to contact your client

Services team and they can insist you in manual verification I hate plate I have a lot of issues with them wait can’t you just use wait can’t you just use AC directly though what like can’t you just use ACH directly without using like if you if

You actually just use the a system you don’t have to go through play do you because I just use like I just use an a transfer from my bank and I think it works fine JP that’s crap I’ve been using Chase for your Jamie Diamond is lying to

You guys down with Jamie Diamond man dude that guy like is lying so much these days I think he’s like desperate to keep people off crypto but whatever the hell he’s doing it’s not going to work I think algr will be Ada’s biggest competition we’ll see I mean alran is

Not too big right now but I like you know it’s anyone’s guess in the future we don’t really I don’t really know I have no idea but it’s really anyone’s guess in the future I have tried a but it didn’t work cuz coinbase said it had

To relink from played so I have to call customer service again yeah played there seems to be a lot of people that have problems with played it doesn’t seem to be just from be mo haris a lot of people there’s a lot of people on saying Reddit saying that like play just breaks

Sometimes for no apparent reason thanks man thanks for the donation do you think ETS will outperform actual BTC um I think etss will pretty much go hand inand with BTC so no I don’t think ETF shares will actually outperform actual BTC okay so I I do think coinbase

Will actually outperform BTC though but that’s only if coinbase doesn’t lose the SEC lawsuit if coinbase actually does not if coinbase wins the SEC lawsuit I’m pretty sure coinbase will actually outperform BTC that’s just my opinion Chase my credit card works on Chase even though the crypto isn’t

Allowed I I don’t know I feel like Chase I feel like Jamie Diamond says one thing and then like JP Morgan actually does another because I feel like they I think they know that like there’s such huge demand for crypto if they don’t serve crypto people they’re going to lose

Business and Chase can’t afford to lose business but they have to go along with the government line of like crypto is bad or whatever Jamie Diamond I feel like he’s just desperately trying to hold on to his own power Phantom is the Dark Horse very underrated maybe maybe

The Alo Founders is now heading XLR yeah xar I mean I would look at it plaid like pattern pad whatever Never follow what they say always watch that he doesn’t want to lose power he doesn’t but JP Morgan’s also one of the privileged people in the ETF so like he like Jamie

Diamond like JP Morgan can actually get to the ETF like way sooner than most other people can I think they’re one of the initial seed people for the ETF so they want that ETF regardless of how much he says he hates Bitcoin he wants that ETF plaid like Vlad plaid the

Impaler he impales your money it doesn’t give it to you back investing that already went through a bull run Diamond can’t Trump the JP Morgan board they ultimately do that’s true well I mean JP Morgan also has to do whatever makes the money so even though he’s the

CEO yeah the board does get to decide well Black Rock listed him as a distributor with Jane Street I mean like it’s going to be like these big financial institutions that get the jump on us like always unfortunately sending vchain to tangum wallet can you send from exchange directly to

Tangum I think you would probably have to go through sync but I’m not sure but right now I wouldn’t do that yet because I don’t think the tangum integration is coming until January so I don’t know if you can do that quite yet CU like they said the integration was January so I

Would actually wait until they actually uh integrate would you buy BTC or at least wait until tangum actually says that like it’s possible to do right now because they said it wasn’t until January but they might have done it beforehand anyways would you buy BTC

Just now and hold it long term yes I would buy BTC right now and hold it longterm like for a year I don’t know what you consider a long-term in crypto but for a year for sure I’m I’m telling you man like a lot of these people are trying to just

Prevent the inevitable and they’re eventually going to lose trying to prevent the inevitable because inevitable things are you know inevitable hasn’t Goldman Sachs and JP Morgan been buying Bitcoin in the EU for years I actually don’t know um Goldman Sachs has actually remained fairly I mean Goldman Sachs I can say yes

Probably because like Goldman Sachs is like uh like secretly behind Circle well it’s not really that secret they’ve been behind Circle and usdc so Goldman Sach isn’t necessarily anti- crypto they just want the banking like advantages they just want like big Financial inss to have to tr have advantage in crypto

Officially accepted BTC as nonh Haram not all that surprising definitely not all that surprising I actually do think uh the Middle East is going to accept like crypto much faster especially if they want to give the illusion of getting off of USD what’s the difference for a web 3

Wallet I think a web 3 wallet can connect into different ecosystems I I mean like your exchange wallet generally your your like CeX wallet can’t con can’t like connect to like different apps and stuff I think the web 3 wallet is basically just one that connects to

Apps and you can use it for payment for anything online interview should ask Mr de how is private ethereum chain is working for the company it it’s probably working pretty well cloud cloud Watcher because the private ethereum chain doesn’t have the problems of public ethereum chain it’s also not decentralized not that the

Public one is that decentralized but still is ready from the Saudis I would not be um surprised if it was I definitely think there’s going to be buyers for the ETF though which is why I think next week we could definitely see a significant

Pump can you have your own keys in web 3 wallet I I probably I don’t know wait what so isn’t like a web three wallet just like your Roy or Eternal where you can actually connect to daps and stuff you do have your own keys for

That yeah I mean I I think yeah you can because that’s just like a web three wall is just one where you can connect to daps and stuff I don’t know what Joy stream is corium isn’t that the that xrp project I know it’s dumped a

Lot I mean like so like corium is the xrp project quarium is actually the JP Morgan chain the the JP Morgan chain spell with the Q I don’t know much about that one because it’s private yeah like you do have your own keys for metamask I mean I I’m sure

You’ve used metamask right like when you have a metamask account you you do have your own private key used to prop up the USD for as long as possible while they rework and revolutionize the financial system the USD is going to be around for decades man it’s not going

Anywhere I thought it was on a private ethereum chain uh um the the uh yeah JP Morgan’s chain is a private ethereum chain it has nothing to do with public ethereum how how can I mean all like the banks that are using some iteration of ETF they’re all on private chains they

Don’t actually use public ethereum and they’re never going to use public ethereum how canf be a sell the news event if a door opening for institution money to come into crypto the iso 2022 stuff is like completely irrelevant for crypto for the most part cuz I it’s just a messaging St

Standard it doesn’t actually have much to do with cryptos overall Rosen bridge for 88 and Ergo pumped 25% today nice BR like yeah because a coinbase listing is just an offramp for Bon and also Bon and like meme coins like that all pump and dump at different times

Once it pumps up you got to sell it cuz it’s going to go down check out wallet core for avax yeah because they’re all both ethereum wallets I mean you can import your keys in and out of like metamask is just an interface like metamask is just an

Interface even if the door opening for institutional money to come in crypto because you can short an ETF that’s why every time meme coins go to The Exchange is time to short I would say that there I mean they can pump as well it depends it just depends on the meme

Coin yeah you want to you definitely want to buy the like if you’re doing meme coins you definitely want to buy it before it hits CB look metamask is just like any other evm wallet it’s it’s not bad it’s not bad it’s not like great but it’s not

Bad corwall or aax not require seed phrase they could be denied by Gary I think I I think the SEC is signal that they’re going to let a couple of them through at least I don’t think they have a an actual reason to deny the ETFs anymore and like with the court order

They don’t really have a choice ckb nervos I think nervos will probably go up with cardano I mean then he could deny but then he’ll just get I mean the SEC could deny but then he’ll just get sued and they they already lost one case I don’t

Think they’ll win too many others that in case of ATF being sell the news event that would mean the money coming in would be used to short I mean you don’t really need money to short I guess I mean you do have to borrow someone else’s stock to

Short and and like there’s a lot of sell to news events people buy a lot just for the rumor and then when the news actually hits they sell I mean that’s not all that uncommon but since the ETF does actually will trigger a lot of buying I don’t

Think it’s going to be nearly as bad as usual I still think look I still think there will be a small selloff once the ETF hits but after that I Pro I I think like it’ll probably catch back up very very quickly hold 100K r& drr that’s

Mean he’s going to be a millionaire soon maybe I don’t know ckj just wants coins he can shill he probably also makes a lot more money off YouTube than he does actually off trading coins wasn’t nervo supposed to create a bridge for cardono like what the hell were they going to

Bridge to nervos I mean they have a bridge to nervos it doesn’t really do anything my Harmony One got hacked in metamask both are trash now I mean that was more of like Harmony One Harmony one’s problem I do remember Harmony One got hacked like for a lot of

Money I mean it’s not impossible that it becomes a top performer but how can it sell off if the ETF is actually the first open door for big money to come in well the etf’s divided into shares you can just borrow someone else’s shares to sell that’s how shorting

Works like someone’s going to buy shares and then you just borrow those shares and sell them seems like a small dump would love to see gold ETF to lose liquidity to you know I don’t know if Gold’s really going to lose liquidity to BTC I mean I guess you could see them as

Competitors and I guess that’s one reason Peter Schiff is so against BTC because he sees BTC as competitor for gold now that I think think about it yeah that is actually a good a reason why shift wouldn’t actually like BTC Alliance block nexera I I don’t know too much about

Alliance block um metam mass is just full liability to me I don’t even use it anymore I mean I I have metam mass with my flaky but even that I’ve connected to like the staking do.com thing there’s other options besides metam Mas it’s not like the only EV it’s

Definitely not the only evm uh wallet definitely not the only evm wallet by the ways my uh I did not I played the snet game again but I did not get more than my original score which is too bad I don’t think there’s any way

I’m going to get over a 100 in that snet game cuz that’s insane I’m sure they’ll tokenize gold gold there’s no reason they wouldn’t actually tokenize gold they already have gold features and like gold options and stuff like that I don’t so there’s no reason they wouldn’t tokenize

Gold it’s definitely better I just lost trust in some of them cold is already tokenized yes it is look the EVMS are still kind of King right now they do have all the liquidity so like everyone’s going to try to be evm do I restra my I don’t have that

Much icx I do have a small bag but no I haven’t really res restak the game rewards I thought snack is a meme coin it is a meme coin but they’re actually trying to build something around it is it going to work I have no idea but they are trying to rebuild

Around it for sure the ETF going up or even down don’t matter if you’re a longterm it doesn’t matter cuz like if there’s an ETF drop it’ll last like all of like three days oh by the way did you see that China is actually Banning tether for TR for transactions between foreign

Currencies because tether I mean I can see why because tether’s a USD backed stable coin and they don’t want they they obviously don’t want something that’s backed by USD to do transactions yeah guys please like subscribe donate all that good stuff so check out uh so guys check out this

Article here check out this article Here China is Banning tether um from doing transactions in China basically so essentially Chinese authorities escalate Crackdown on cryptocurrency but it’s really escalating a Crackdown on terror in their joint I mean not Terror like uh tether uh in their joint statement the

SP and safe unequivocally stated that utilizing tether as an intermediary for exchanging local and foreign currencies illegal so you cannot actually use tether as an intermediary when dealing in China because obviously they want things that are back the Chinese Yuan to do that they don’t want a USD back

Stable coin to actually do that and they know that if they don’t make it really they know that if they don’t make it punishable that um that everyone will do it because people in China would rather tra transact in USD than Chinese Ran So Chinese authorities are intensifying

Their efforts to curb the use of crypto specifically targeting tether in foreign exchange trading more than two years after imposing a comprehensive ban on cryptocurrencies the Su so the SP p p is the Supreme people’s procurar um so Supreme that’s that’s pretty hard and the saf is the state

Administration of Foreign Exchange uh jointly issued a warning on December 27th cautioning the public against employing usdt as an intermediary for trading the Chinese Ren against other Fiat currencies so so there’s two things to this they obvious they really don’t want people trading the Chinese Ren for other Fiat currencies that was that’s

Probably the main reason that they shut down crypto in the first place CU people were using crypto as a conduit to trade U uh um to trade Yuans for USD they obviously don’t want people to use tether to trade Yuans for USD because they don’t want money flowing out of

China so basically like they basic they basically said using tether for such a purpose is illegal because trust me every businessman in China if they can convert their if they can if they could convert their Yuan to USD they would definitely convert it to USD without a

Second thought and uh you know I I know that there’s like all this like um hoopla on crypto making a big deal about how yuan is going to be the next Reserve currency that’s not going anywhere every single Chinese businessman would rather have USD over Chinese Ru right now

Easily without even thinking twice this is why they’re this is the the reason the main reason why they’re trying to make it really really hard to get out of yans in crypto trading they basically want you to crypto trade in Yuans and they don’t want it touching anything

Related to USD because they know that if they let stuff touching USD actually function everyone’s going to trade it for USD so basically like the Crackdown follows a recent case involving Chinese citizen Zhao dong the founder of Ren Ren bid an over-the-counter crypto trading desk Z

Zong was sentenced to uh seven years in prison and finded 2.7 million Yan or $322,000 for using UAE diams to purchase usdt so essenti like they really don’t want you uh purchasing usdt they probably wouldn’t want you purchasing usdc or anything that has to do with USD because they do not want people

Exchanging you on for USD because if they let because like I said if they let that happen everyone would do it and that not good for the Chinese government if they do that so yes for this is this is by the way this is for the same reason they imposed the

Original ban on cryptocurrencies what do you think uh now they uh what do you think about the lack lock of jasm coin how many think they’re going to lock I I don’t know I think that they I mean like they already you have the Chinese cbdc I

They want people that use the Chinese cbdc and the thing is like they don’t need a CN CNY back stable coin they just don’t want people trading anything for you they don’t want people trading uh Yuan for USD that’s their that’s their main goal like that’s their main goal

They do not want to trade you people to trade Yan for USD the China band is part of the bricks movement away from the USD they’re hoping it’s part of the bricks movement away from the USD but the Chinese people don’t give a crap they want you like

People in China want USD they realize they realize that the whole Chinese Rim thing is just like a whole is is like uh is crap and they want USD and the Chinese government is doing everything it can to prevent them from getting USD

I bet a lot of the I bet a lot of the high Chinese officials including xiin ping himself probably has most of their reserves in USD don’t buy a doesn’t buy a single give you an automatic way to get money out of China exactly they don’t want

People moving money from China into the United States because there are a lot of Chinese businessmen that want to move their money out of China in the united to the United States because China like China is becoming like a disaster in terms of foreign investment and like a

Lot of the a lot of the businessmen want to expand overseas so realistically like this is like kind of protecting this they’re trying to protect their grip over the economy by basically trying to ban tether from transactions it’s not going to work they can do whatever they

Want like if people are determined they will find a way to filter money out of China cuz like you know people like people in the crypto world are like oh my God USD is going down and people are in the in the crypto world like USD is going down everyone’s abandoning USD no

No no that’s just on the surface underneath the surface all the citizens they all want USD like it does like all the people from the Middle East the people from like China the people from all the smaller countries all of them want USD because they trust the USD just a lot

More they just trust they just trust the USD like a hell lot more than any of those other currencies I think that’s I think they’re just bluffing honestly I don’t think they’re actually going to invade Taiwan I I don’t think they can laws are only for the average Joe exactly like

The the people in high the people in high places like the politicians in China they probably already have already converted a lot of their money to USD so the people that are like you know rooting on for bricks it’s not really going to be a thing all that much it’s it’s really

Not cuz like every like everyone who has power is trading their money for USD anyway I guess every communist government has an end you know the thing is like I don’t think the Chinese I don’t think the Chinese Communist party is going to end anytime soon if they invade Taiwan

And fail they’ll probably end which is one of the reasons they won’t invade Taiwan because if they invade and then they lose they’re kind of screwed yeah China has like massive financial problems and they’re massive financial problems that aren’t really solvable like it it’s it’s really hard

For for China to solve its actual financial problems and like the people high up in China and the businessmen know this they won’t say it on the surface cuz they can’t oh by the ways did you know that in China it is actually illegal to say the Chinese economy is doing

Bad that they made that illegal now I think the more they do this crap the more people like the more they do this the more people are going to know that it’s actually really bad CCP is too big to fail how can China lose bro like there’s a first of all in like

CH like Taiwan is way way harder to invade than like Ukraine for Russia and it’s not like Russia’s doing that great in Ukraine like like China can’t afford a two-year War to conquer Taiwan not with all the sanctions like China actually has to take over all of Taiwan like it’s been

Two years for the Russian war and they’ve taken over and they still only occupy like 10% of Ukraine they’re like the Eastern parts and unlike Russia you can’t just drive tanks over to Taiwan you have to do like an amphibious Landing which is much much harder than

Driving tanks over and trying to conquer stuff if they declare most crypto property instead of Securities then there shouldn’t be sales tax on each purchase no the IRS does actually consider crypto’s property that’s why there is sales tax on each per purchase so the Securities thing is actually

Interesting because you like there are no rules for that you like there like there isn’t like trading One stock for another stock isn’t really a thing that’s where they have the problem like they don’t they’ve never seen anything like crypto before well you trade one crypto for another like the way you do

The way you do it in stocks is like you trade your AMD back for cash and then you buy Intel with a cash you don’t swap Intel directly with AMD so like in in the custom in the uh in in the custom stock market or like in the traditional

Stock market everything has to go through USD in the crypto Market not everything goes not all the trades go through USD so they have like kind of a weird taxing like they have to have like a new taxing policy um for that system because not everything goes through USD

They’re used to like the tax agency the IRS is very used to everything going through USD but in crypto not everything goes through USD so they’re having problems making rules for this so that’s why they decided to tax each transaction cuz like even in even when you’re selling real estate I I don’t

Think there’s too many occasions where you just swap one piece of real estate for another piece of real estate yeah but they’ve also kept millions in poverty is the problem like CU like crypto you swap swap one crypto for another right but in real estate like when’s the last time

You swapped one piece of property for another piece of property I don’t know how many of you actually do real estate do you act is that common you swap like your property for another piece of property without like selling and buying in the middle usually not right you

Don’t usually swap one for another so like they they’ve never really had anything like crypto before where it’s very common over a real estate long term well yeah I think that I think BTC um I think over the next 10 years BTC will appreciate more than real estate after that I’m not

Sure look China transformed because it like China essentially hit rock bottom after the 70s because Mao put like China like half a half a century behind they had nowhere to go but up if you think uh yeah blueeyed Samurai Naruto’s Naruto’s blue-eyed blonde hair remember he’s and he’s a ninja must

Include in gross income in the year of the receipt for fair market value of goods received from bartering yeah but who actually does that though I don’t think people actually do that swaps swaps would be considered bartering but I actually don’t I I can’t think of a single person that actually

Pays taxes on bartering and I think that’s one of the reasons that like local bartering happens so people don’t actually pay taxes but they actually want to enforce taxes on a crypto swapping it’s I think going to be incredibly hard for them to do so and eventually they’re going to

See that it’s going to cost them more money than it’s actually getting them cuz they’re just going to convince people not to what they’re going to end up doing is they’re going to convince people just not to report yeah they did screw up really bad with that one child

Policy but you know XI Jin Ping’s look xiin ping is trying to be like the next ma dong I don’t know why because maong really screwed up China so I guess he just wants to really screw up China again no they’re not actually giving up Russia hasn’t really made any advances if you

Look at the front lines they still they’re still where they were like a year ago now look forward to my crypto tax I think most people just make an educated guess I know a lot of the Russian Bots keep on repeating that like Russia is like crushing Russia is going to win but

They haven’t really made any progress like their supposed 3 week Special Operation has lasted like two years and they’ve taken like maybe one tenth of the land they originally planned to take well pump TR why not focus on send people to other country for remittance of one child

Policy I mean there’s also immigration issues with that look the one child policy was pretty disastrous and now like they want people to have more kids and people don’t want to have more kids oh there’s plenty of Russian Bots out you go over to Fox and he was just like full of

Them yeah Russia’s not winning against NATO though I mean the one advantage Russia has is they have a lot more population than Ukraine they’ve lost a lot more soldiers than Ukraine has but they have a lot more popul so they can just redraft 100 times like Putin’s like this

Is going to be Putin’s like third draft cuz they lost all the soldiers from the first two Dex is not taxable no no it is definitely taxable but it’s going to be hard for them to enforce it’s very hard for them to enforce and the thing is I I think

They’re going to realize making I think they are going to realize that making crypto so like making crypto taxes like so so um hard is going to just make people not report no I think it was agree I I think it I think he’s willing to agree to a

Ceasefire but not on terms that Ukraine would actually agree with like Ukraine’s not Ukraine is not going to agree to give up more land Russia has also lost several hundred thousand look Russia’s lost way more soldiers than Ukraine but that’s expected from the invading Army the the

The other the other thing is Russia just has a lot more people that’s why they can uh that’s why they can afford to pursue the war anymore they’ve lost like twice as many soldiers as Ukraine but they have like four times as many people I mean I think a lot of people

Are doing what big e32 does and they’re just they’re just reporting on their cash out cuz each individual transaction each individual staking transaction is really really really hard to actually um really hard to actually report Japan allows crypto yes Russia’s lost pretty close to like two like 300,000 troops already cuz they

Started the war with like 250,000 and then they drafted another half a million and now they’re drafting 250,000 more cuz they keep they like but they have a lot more population so they can afford to lose a couple hundred, soldiers and plus lives are kind of worthless in Russia

Anyways to poop Putin he’ll like sacrifice any amount to get his objectives only trade on decks and keep on cold wallet I mean that’s probably the be that could actually be the best option just trade on a deck and keep in a coold wallet I actually do agree with

That but you know I don’t mind trading on centralized exchanges you can just move your money back from centralized exchanges it look like if you only use dexes it’s very hard for anyone to track your dexes but at some point you would probably want to cash out

At some point you’re you’re going to want to cash out and when you actually cash out I mean that’s when you actually have to pay the taxes because that’s actually very trackable any of the on-ramps any of the on-ramps off-ramps like I mean they got you with a kyc AML

There and they are doing like they’re spending a lot of time on crypto loopholes and tax to stop tax evasion I have binance so I don’t pay any tax I thought local Bitcoin didn’t actually have enough volume to keep operating going outside do you guys recommend I mean there’s stuff like

There’s stuff like G Gala that’s still outside the top 100 I I don’t think M2 is going to be nearly as big as they make it out to be that’s my opinion I do not think M2 is going to be as big as they make it out to

Be CU if you actually think about M2 um they they don’t have the coins that people want so to me like because they don’t they don’t actually have the coins that people want they’re just not going to be as big if they actually had coins that

People want it would be really big but like from what from what o said they’re going to have like five coins so the volume isn’t going to overtake binance anytime soon there’s decentralized exchanges like bis out there the spread the spreads are trash though yeah but I mean

Look I I just don’t think trying to avoid taxes is actually worth it like you run the risk of getting caught too much and the penalties for getting caught are quite High they’re blowing off fire Works in Sydney Australia that’s not surprising Australia is like 16 hours ahead of us

So it’s like what 2 in the afternoon there on the 31st so that’s not surprising how does local Bitcoin even work anyways do you have to meet someone in the back alley because I’m definitely not doing that like how does local Bitcoins work is it like just a swap cash for Bitcoin

Between P2P individuals is that how it works or do you have to actually meet someone physically because I’m definitely not meeting someone physically you meet at a bank at ironically I guess if you meet at a bank it could be okay it’s it’s fine I still I still wouldn’t do it but

Like I guess it’s okay if you meet at a bank it’s 10: a.m. here are isn’t Australia like an hour or two ahead of India though people are getting two robbed on local two people were getting robbed any thoughts on GAR Solway no Solway turned bullish a while ago but

That doesn’t make his predictions of 12K Bitcoin wrong though work is middleman I got paid I see how does meet in the back work so you basically like you basically agree online to meet somewhere like you meet you agree somewhere to you agree online to meet somewhere Shady where people can’t find

You and then you hope the other guy doesn’t bring us like a knife or a gun or something and then you do the swap in the middle of Australia are much earlier I see you’re just you’re basically just meeting someone P2P to trade Bitcoins that’s that’s what you’re that’s really

What you’re doing on that straight to Fidelity yeah Fidelity Fidelity was one of the ones that like filed at the last minute too so Fidelity is also applying for an ETF look black rock and Fidelity are both on the application list one of them is going to get accepted or if not both

Like all these big all these big uh Banks and all these big like institutions are filing for an ETF they all met the deadline one of them is going to get accepted if not both I a police station to be safe but then won’t they know that your transac AC in

Bitcoin and like wouldn’t there be a record of you like of you transacting it so you would have to pay taxes anyways right because like there like people would know that you actually sold Bitcoin wasn’t the whole point just to wasn’t the whole point to avoid taxes

Like if you want to avoid taxes you don’t want people to know that you actually transacted Bitcoin binance have PTP option where binance hold usdt and both yes I uh yeah I I yeah that’s actually pretty good that’s actually pretty good this is that’s probably part of the reason why

The US wanted to get rid of binance and why India wants to get rid of binance remember India basically like India basically kicked binance out along with everyone else along with every other company that didn’t register with India you’re gifting not transacting yeah but you have a limit for

Gifting also like if if they see that you keep on gifting they’re going to actually check the transactions going to 350 where will the pump start I’m not sure if it’ll get to 350 I mean it’ll probably start pumping the same time everything else starts pumping the problem with xrp is like no

One’s actually locking xrp in for liquidity because you don’t actually have any pools to for them to lock I think people are going to be less willing to hold xrp than other coins just because you can’t do anything with it India is getting very uh hard to finance

Business yes Arc investment is one of the first ones Arc investment and 21 shares they’re the first ones via cash you can deny you can deny how much the cost of BC you can say 10 to 20 since you transact physically yeah but the other party has

To agree and the other party just may not agree you can only do the transaction if both parties agree I feel like if you try to avoid taxes and you just make like millions of dollars and you don’t report taxes I think it’s I don’t think it’s that hard

For the government authority to find out that you like suddenly somehow all of all of a sudden have millions of dollars they’re going to be very suspicious you can you can’t you give up to 13 I I don’t know what the life limit is but I know in the United States

Yearly it’s like 13k yeah look every exchange has an a limit and it depends on how many layers of kyc you do with the exchange if you don’t do any kyc they a lot of times they just won’t let you yeah both gra since you both benefit from it

A lot of people aren’t going to be willing to pay 10 to 20% I mean it does look it does require someone to to agree to take a discount or take a premium trading on crew coin but they might shut it down anytime they don’t comply with the rules I feel like

I mean like I feel like wer X and the actual Indian exchanges are the only ones that are going to be available in India after a while I mean they’re kind of like India is trying to do like what the US did and what the US did is they

They’re basically shutting down anything that’s not based in the US because they want I mean one they want to protect us businesses that part I can understand to add USD the switch to usdc then the coin I see kin was on the last of banned exchanges I thought it was too

But I mean like they haven’t comp just because it was on the list doesn’t mean they like shut it down entirely yet I don’t think they’ve shut it down entirely yet India can be number two on GDP in a decade do you think India can jump China

I don’t think China is actually G to jump the US Chinese GDP is actually going backward right now so it depends if India can jump China I think it’ll take more than 10 years cuz like sooner or later like you can only grow so fast for so

Long you can only grow so fast for so long India is going to eventually run into the same problems that China does so so I can avoid paying 25% tax well if you’re selling a large amount like you probably can’t avoid the tax anyways because government agencies get

Suspicious if you all of a sudden get a large amount of cash from somewhere it hasn’t happened have asked exchange to comply with the PM no India does not have the one child rule but I mean your your country only has limited resources and India’s like

If you look at the Indian cities they’re already crowded as hell like there’s there’s a limit on your there’s a limit on your natural resources and if the country starts to get more prosperous like it’s going to get it’s going to get more and more expensive to have

Kids but India is a democracy unlike China I mean maybe there’s a lot of corruption there but at least it’s a democracy biggest democracy in the world bro biggest democracy in the world so maybe it has better forward potential than China maybe q&t can hit 1500 to 2K next year maybe it

Can I mean I’m I’m glad that q&t is pumping I was pretty bullish on it 141 this year do you see that story where Shaq’s credit card got denied at Walmart because like he was he was bu trying to buy $770,000 worth of stuff at Walmart

Like his his his uh his credit card agent actually called him and said hey I think someone stole your credit card and they’re trying to buy $70,000 worth of stuff on it and Shaq’s like no that’s just me and the and the agent was like what the hell are you buying with

$70,000 at 3 in the morning oh you can go to court and fight the case in China you’ll just lose they don’t have my VPN they sto L me access early this year I see that’s true I mean like they could shut off like certain VPN routes as well

Remember vpns are actually illegal in China I don’t think they can make them illegal in India maybe maybe not I don’t know I think uh additional five digits in my bank month IRS cannot notice me uh you’re you’re going to try to take you’re going to take a risk there I I

Just I wouldn’t I really wouldn’t just sell off rest of my LTC for q&t I think you do better with q&t than LTC I just don’t think LTC is really going to go anywhere I I don’t think like I think Charlie Lee basically like betrayed the LTC investors by ditching LTC himself

And I don’t really see LTC going anywhere for ever basically I would diversify but still is BTC ETF getting approved I think so I think there’s a like a 95% chance is getting approved there are some people that are still refusing to believe it salana and avax is boron salana probably

Like $500 avac um I don’t know maybe like 300 250 300 something like that I mean India does have a lot of people but they need to they they need to pull the living conditions of all those people up as well cuz India is a

Lot like what China was like 20 30 like years ago maybe or maybe even like 30 years ago like India right now might be China back in like the 90s so they have a lot of room to grow what about inj I don’t really have

That good of a clue for inj it should do pretty well though so the SEC might tell them as early as Tuesday or Wednesday of next week that’s true I think I’m still looking for a dollar for vchain but I’d be happy with 50 cents as well people will leverage to get prices

Up yeah they will but that can go horribly wrong as well I like I don’t think anyone should play high leverage in crypto I think it’s actually like insane to play high leverage for crypto you’re already you’re basically taking High leverage on an asset that’s already extremely volatile so you’re

Basically you’re essentially just asking to get completely wrecked so yeah not not really a good choice to to highly leverage crypto so ax yes ax does have more room to run yes if institutions can only buy uh buy Bitcoin for their ETF why does everyone think else are going to Skyrocket when

Retail because I mean the thing is like retail investors will buy more alts as soon as they see Bitcoin go up building the most controversial temple in the country it was made after breaking down the mosque in the country in the same spot I mean India like most of India has

Been pretty R pretty ethn like pretty much been anti-muslim for a while I mean I know there’s been like clashes between Hindus and Muslims and Hindus are the majority of the country avax will explode and flip soul in 2024 we’ll see I don’t think so because Soul might go up even

More if you had 100 LTC what coins would you swap it for I mean I would go I would go with IMX LT not LT IMX um chain link inj maybe maybe get some optimism in there something like that I mean as far as I know like Hindus

And Muslims do not like each other in India and there’s and there’s definitely more Hindus in India than Muslims was uh pushing salana at a thousand dollars the other day I see I mean it’s not impossible that salana reaches a k dude religious tensions flare up all over the place not that

Surprising 10 you have a big bag of avac I’m just willing to break even I don’t know if Cosmos is dead I mean a lot of people do use your SDK but it doesn’t really supposed it doesn’t really reflect on Cosmos I I like immutable X I think it’s

Like going to be like one of the I think it’s going to be like the gaming L2 on ethereum how much tax do you pay for $500 $1 million longterm and shortterm I mean like in in terms of short term it’s 20% long term it’s probably something like 35 when you’re talking

About 500k in a million dollars it does make a difference for most people it won’t make a difference because they’re not making anywhere near 500k or a million dollars but when you’re talking about 500k and a million there is a decent difference can S boox 20x I mean

From right now I don’t know if it can like from the bottom of the bare Market yeah it probably could remember like we’re are we’ve been climbing up like all coins have been climbing for a while now we’re not at the very bottom anymore yeah so 10x might actually 10x

Is a lot more possible because we’ve already been climbing a bit basic line of economy it’s scarcity plus like how much it’s actually wanted just because something scarce doesn’t make it actually worth a lot of money like take for instance like lawnmowers owned by a president before I mean

They’re scarce there’s only a limited amount of lawnmowers owned by presidents but they’re not worth all that much because you know it’s a damn lawn mower oh that’s right Florida doesn’t have state tax but I think the property tax is pretty high though I mean there’s there’s always trade-offs for everything

Um price target for IMX I’m still looking for like 30 bucks for IMX something like that and it’s fine for business just that we need still buy most things from China but like there’s a lot of manufacturing that’s moving from IND from China to India though because labor

Is cheaper in India than it is in China and plus like politically the US is more more willing to work with India than China the US generally is more willing to work with like Asia like southeast Asia than China and that’s a big problem for

China I mean it’s not but arub Basu it’s not really a war though it’s more of like border skirmishes with India and also like it’s for like traditional territory they just buy the raw materials from China where the hell does China get the raw materials China doesn’t have that many national

Resources I guess they just import anything under 10 cents for H bar is solid I I definitely think anything under 10 cents is very solid for H bar yes like you know India like India might have less uh land area than China but there’s actually more arable land in

India than China so technically farming wise they can support a bigger population unless like you have that climate change thing and half the country like falls in the ocean there are many things say uh rice rice is imported from China as well the demand is so much here yeah I mean food

But like India has a lot of arable land so they can actually they can grow their own rice can H bar hit a dollar though this upcoming year yes I believe it possibly can but there is a lot of the a lot of the country in a lot of the shorelines

In India it’s like low sea level so if there’s a rise it can take out a lot of land like Bangladesh is basically going to be submerged is it having some Skirmish they India and China have had skirmishes at the border for like God knows how long

Ever I think both of them have possibilities to reach a dollar I think har bar can actually reach a dollar faster though because har bar has a a lower Supply and it actually has defi I mean both of them do but I think H bar system is a little bit big bigger they

Fight at the border but many Indians are settled in China and vice versa yep yeah and there you know what are all those Bangladeshi people are going to do they’re going to have to migrate somewhere like Bangladesh has like what 170 million people all those people have

To go somewhere they’re not just going to drown so they’re going to either move into India or move into another country that’s going to cause like a giant migration crisis like r situation at the border is nothing is going to be nothing compared to like what what’s going to

Happen then what once like the climate and like certain physical conditions force people to actually migrate out of coastal areas like if if Bangladesh goes underwater you have like like I said you have almost 200 million people that have to go somewhere where is that somewhere going

To be you can’t just Deport them back to the ocean obviously well Bonk rally in the short term that’s hard to say just flip a coin it’s probably a 50/50 if it will rally in the short term look meme coins look meme coins are always like that it’s really hard to

Predict meme coins it’s very very hard to predict meme coins cuz they can go up for no reason at all and drop for no reason at all what what’s IMX use case it’s a it’s going to be the base chain for like a lot of the games like

Gods unchain they’re probably going to use it in game as well although they’re using Gods but you’re going to have to use I think they’re going to use IMX um as kind of like the in between for games there’s also this I think there’s also going to be the gamei and staking

Benefit for IMX because I do think they’re going to introduce gamei into a lot of those games and IMX will be used for that so do any like you guys from India do you guys actually use wiser x what I if I choose from aax and IMX I

Probably still go for IMX because I mean like I do think the game stuff’s going to be pretty big so like how many Indians actually use wer X because that’s supposed to be pretty big over there mean meme coins meme coins will start to have a pattern pretty famous here among the

First exchanges yeah cuz like I think India tried to ban them too like two years ago but then they failed at Banning crypto or there wasn’t enough support for Banning crypto all together so they basically just had only license exchanges and I think Wier X was one of

The first ones to get a license when I check out in the browser in my wallet so many projects yeah there are a lot of projects it’s hard to fill through the right one I mean there there is a purpose for Discord and telegram but

Most of that crap is like scams most of that crap is definitely just scams which is unfortunate because if it wasn’t it actually might be worth checking out you know the problem like the problem is like the countries that are actually like the places that are the

Most populated are also the ones that are going to be at most risk from from rising oceans so like eventually you’re going to have hundreds of millions of people that actually are forced to move Inland because like wherever they lived is like completely washed out and you

Can’t just Deport him back there because it’s just going to be ocean I have not heard of Tara coin no and you know that’s when you’re going to have a real migration crisis CU you like when you can’t Deport them back to where they came from because where they came from doesn’t exist

Anymore you know the thing is I also think the government I also think that I would think the governments in Bangladesh actually have better things to do than to like really uh really enforce crypto rules I mean they should be they should be busy doing other things there’s like other things to keep

Them busy rather than like crypto stuff South Florida is about to have that problem soon yeah the Everglades are like in danger of that for sure cuz the Everglades is actually underwater like is below sea level and it’s very easy to flood The Glades yeah but the Mal Dives like they

Don’t have that many people I think like I think like a like a couple of countries can just absorb all the people from the malds but like uh if you have a country like Bangladesh it’s a much bigger problem if if people if everyone has to relocate because you’re talking about 200 million

People whereas like I think the malds are like the Maldives are pretty small right like it’s a couple hundred thousand right I don’t know how high um I don’t know how high near would go I look I I think near can like maybe D I think near

Can go like 50 bucks maybe on everglass CU become over it’s become overp populated yeah but all that stuff can easily get washed out in like one damn hurricane I mean they know that too but they’re just kind of desperate yeah the Mal Dives like they

Have a total population of under half a million people so like that can actually be absorbed I’m not exactly sure where the country is like that that they’re in the middle of the Indian Ocean but they have less they have like half a million people so that can be absorbed by the

Surrounding countries and plus the malds are already buying lands in like other countries I think India was one of the countries where the MDES were buying lands for their citizens but like Bangladesh has 200 million people so if you have to displace 200 million people then you’re like kind of

Screwed right cuz like there’s not any country that can absorb 200 million people at least not in quick succession anyways all right guys that’s going to be it for today like And subscribe hit that Bell notifications button I will be back on um Monday and I will see you guys later

Yeah I mean 170 million not not too different I mean 170 million 200 million like there’s no country that can absorb that amount of people see you man