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Grow your coins grow your coins you got to grow your coins grow your coins grow your coins grow your coins grow your coins you it grow your coins grow your coins grow your coins grow your coins grow your coins you it grow your coins your coins coins good afternoon good

Evening ladies and gentlemen welcome I am the crypto Crow now we’ve got two two important topics that we’re going to talk about today uh because there’s such a transition happening right now and I don’t even think people realize what’s going on especially if you’re new to the cryptocurrency space and you haven’t um

And you’re kind of new to everything I’m going to try and make some sense of things because it’s very important that you take these uh these points into account um right now as it sits we just we had a recent Bitcoin flush out of you know hundreds of millions of dollars of

Long uh uh long positions in the Bitcoin market and and they’re flushing all of this stuff out and and the thing is I have explained in several videos uh of late that I believe that one way or another due to this ETF they were going

To figure out ways to push the price of Bitcoin down before the announcements of these ETFs these spot Bitcoin ETFs were announced and launched okay because they’re not they would be fools to not if they have the power to do it they do have the power to do that to a large

Degree uh how much entirely I don’t know but the the same way there’s pressure um for people to sell as the price Rises the pressure to buy Rises as the price drops especially for anybody in the know and anybody under understanding Bitcoin and crypto technology so now

Basically we saw this big flash crash that I I’ve I’ve known was coming for a while I’ve said it for I don’t know a year I mean you know I I I don’t always get straight to the point I know I probably should just get to the meat

More often than than not but sometimes I just like to talk about my thoughts suei um no don’t do that thoughts are good so we’re varied opinions whether they you agree with them or not but anyway the point I’m trying to make is I do believe and I’ve said in other videos

Recently as well that I do believe this is going to be one of the last bull market Peaks we see I think this is going to be some form of an elongated bull market cycle that could last 10 years and and I and it’s it’s either

Going to be this cycle or maybe the 2030 cycle I don’t know yet um but the way things are shaping up with these big institutions Black Rock Fidelity all these groups going into Bitcoin ETFs now we’re going to have an investment vehicle that ultimately makes the

SEC um applicable uh when it comes to cryptocurrency and when you also think about guys like Larry fank talking about how there’s a coming tokenization of real world assets uh as well as actual Securities uh because there’s a huge huge difference between cryptocurrencies and actual stocks Bond Securities and

Things of that nature they’re very very different regardless of what the the grand narrative is they’re very different um and one one of them can change on a dime and become something else overnight the others can’t and and and there’s just so many other nuances and variables to that but that’s a whole

Other topic um but it’s funny how as we see this this big transition you know it’s starting with the spot Bitcoin ET F I do believe they’re going to be approved sometime probably within the next 5 days it could happen liter literally at any time and I believe this

Flash crash was really basically to scare everybody out of their Bitcoin positions so that there is more available when these ETFs do kick off and start accumulating if they haven’t already and that should tell you something significant the future is now because as these spot Bitcoin ETFs do

Jump into the space we’re going to start seeing a lot more companies enter the space major institutional companies getting into the space of tokenizing Securities tokenizing properties tokenizing pretty much everything all Industries as we know it are very likely going to end up on the blockchain and I think that we’re going

To start seeing that transition heavily take place between now and 2030 okay because some of the the technologies that the you know groups like The World economic forum and others like them value greatly are Internet of Things Technologies um biotechnology technologies that sort of stuff basically ultimately you know like

You’ve got uh neuralink you know the thing that’s going to go in people’s brains and it could potentially make them smarter now imagine patching that neuralink into um a chat GPT or or artificial intelligence uh system you know that ultimately magnifying your thought process CES using you know

Elements of your actual brain tissue to expand upon the potential reach uh and and and power of these artificial intelligence algorithms I mean there’s there’s there’s so much to it and effectively in some cases I can see a lot of this technology making very much Mortal human beings a new form of God

And I do believe that as crazy as it may sound because between blockchain technology neurolink like technology in Internet of Things basically everything that we interact with being controlled monitored or regulated in some way by um Electronics computers artificial intelligence and things like that all of these things we’re going to be so

Connected and intertwined um it’s definitely going to like if you’re not familiar with the term you should very much look up the term transhumanism because that’s ultimately what this is all about now what I’m going to tell everybody especially anyone new that’s watching in this video now is definitely the time to start

Getting into some of your favorite cryptocurrencies if you’re averaging in now this I’m not trying to give you Financial advice don’t listen to me I’m just breaking down ultimately what I’m doing my opinions and my thoughts that’s it I’m not a licensed financial adviser I’m just some old dude on the internet

With a bunch of goofy tattoos go talk to a professional okay but my opinion as far as it goes is now is a great opportunity to be getting into the crypto currency space if you have not yet or already or if you’re trying to average a position over time because this big dip

It’s already started to recover from that and I do believe that you know there’s a very good chance that we might see a really significant rally coming across the board but because of that I’m going to show you this because I find this a little ironic that this has come

Down the pipe from the Biden Administration and the IRS you’re going to love this and you’re definitely going to want to take it seriously 2024 IRS tax reporting rule on crypto transactions above $10,000 Sparks controversy the Internal Revenue Service now requires anyone who receives at least $10,000 in cryptocurrencies to

Report transaction information to the IRS this is a part of what we needed those 80,000 agents for folks because I do believe that there’s to some degree I believe that they’re going to try and use a lot of the cryptocurrency taxation that you’re that they’re continuing to

Push forward with um I think they’re going to start using some of that to to offset a very potential uh Universal income for for people this includes the name address and social security number of the sender as well as the amount date and nature of the transaction this doesn’t even make

Sense but honestly to me this almost looks like they want to try and come up with a way to lock up anyone that has a means of establishing wealth for themselves because this is so weird and and not even really applicable or possible for the most part but the

Scary thing is is they are making this is they’re saying those who fail to file a report within 15 days of a transaction could be charged with a felony offense the rule is self-executing meaning it is immediately operational and forcible without further action however the crypto advocacy group

Coin Center has challenged the new rule arguing that the problem is many will find it difficult to comply with what is supposedly a straightforward if unconstitutional new obligation but that’s all we’ve been getting from this Administration from day one whether it was changes to the way uh income or or

Money is transferred between apps like PayPal cash app and the like you know the way they’re looking they’re making everybody report tips you know which of course everybody reported tips but nobody ever reported all of their tips and ultimately this is just keeping people with already difficulty keeping

Their means a steady and it and it’s making it more difficult for them to get ahead and and this of course you know this is all about crypto and everybody’s saying oh well crypto people are wealthy and no crypto people are not wealthy there are a handful of us that do very

Well but we’ve been grinding out crypto countless hours a day for years now so we understand a lot more about the cryptocurrency markets than most do but a newcomer to the space trying to invest $1,000 they may or may not be able to afford in hopes of being able to

Generate a significant yield that could help change their lives or give themselves a better year or a better couple of years or pay off a car or pay off a college tuition like whatever the case may be there are people that are getting into cryptocurrency that still don’t fully understand it and they’re

Hoping to just figure out a new way to make ends meet and every time this comes about the government wants to take it and I and I I I I can’t stress enough and the thing of it is is you know this whole right versus left and this and

That and I and I know that for a lot of leftwing folks they’re not into crypto they don’t like crypto at all I wonder why because that’s just kind of the I really do feel like there there have to be people that are planted in parts of these uh cultural societies that that

Spawn these types of conversations of oh I that’s a I’m against this because of that and then they get other people almost like uh Trend Setters or something because some of the stuff that I see makes no sense for any logical person to be quite Frank with you and

Then I see this and you it’s like we’re supporting you know we’re supporting an Administration that’s constantly trying to figure out new ways to tax everybody and what was the big thing what was the big thing that we were told uh when when Biden was running there won’t be any new

Taxes on anyone making uh under $400,000 a year wasn’t that the promise well that’s already gone out the window not that I ever expected any of these promises to be kept by anyone let alone uh the the current administration because that’s what they do to Garner support they lie through their teeth

Just to get people to believe in them and support them and their plight and whatever it that they’re trying to accomplish for the grand agenda for whoever that may be and so I see this and I’m thinking okay so now they want everybody to report transactions over

$10,000 within 15 days or be potentially charged with a felony but the problem is is that there are a lot of times look at these airdrops look at the way a lot of things work in crypto this is such a premature way to to push this out like

Everything else that they’re trying to do it’s like pulling the cart before the horse it makes no sense whatsoever it’s practically unapplicable to the cryptocurrency space because of the nature of it I don’t we don’t know who who people are sending crypto to and from the majority of the time we don’t

Even know I mean there are tokens on wallets all over the place that are just Spam tokens that are being willy-nilly tossed around for fun and marketing you know what if some of those become worth money someday and we don’t know it now what now what are we supposed to do with

It we’re not even paying attention that might be on an old wallet that’s registered on some old platform we did kyc for 10 years ago now there’s value there we don’t know anything about what are we going to get charged now because we have money we didn’t even know

Existed the way all this stuff is is pushed out is very much in my opinion a means of taking advantage of the coming changes in the cryptocurrency space due to what we believe is going to be the past Bitcoin spot ETFs and I believe that this is going to start an avalanche

Of support into the cryptocurrency space from new people who don’t understand wallet transactions or how to use coinbase or how to use this exchange how to convert fiat currency into a crypto and then that crypto into another crypto no this is going to make it so that everybody can start putting Bitcoin into

Their retirement accounts into their 401ks into whatever investment vehicle their accountants are telling them to set up for themselves for retirement or for their kids re retirement or for their Pension funds remember I did a video a long time ago that broke down exactly what it would look like if just

5% of the global Pension funds of the world I’m pretty sure it was the world 5% of those Pension funds went into Bitcoin and I had to I had to title the video a $280,000 Bitcoin but the actual calculation was significantly higher than that if you calculate market

Capitalization the flow and Rise of the price of Bitcoin as money Flows In so forth and so on it’s an older video but you can check it out I’m sure it still stands today and so I’m just basically letting everybody know don’t be fooled by this flash crash that’s liquidating

All of these long positions before they start getting a rise up because they don’t want they don’t want all these people getting cocky about the price when they’re getting ready to start entering the game in a major major way now is the time to take advantage of

What we know they’re trying to establish for themselves but they could be very well helping us at the same time and now is the time to take action on it because I do believe that the opportunities for people to get into positions like Bitcoin are going to be running very

Thin because as these ETFs continue to accumulate for themselves and their own investment vehicles for everybody’s Uncle mother brother and sister that wants to put some Bitcoin in their uh retirement accounts it’s going to dry up a lot of the liquidity and the available Supply that’s out there in the world and

That is going to drive prices up insanely and then what options that is that going to leave well then people are going to be looking at what altcoins they should get into um and so that that’s going to send the the entire altcoin market up right along with it

Remember Bitcoin is the ocean that raises All Ships and it lowers All Ships as well at the peak of a market cycle but the question is are we going to get one is it going to be a year from now I personally believe according to every calculation I’ve done the next peak of

The market is going to be in 2025 and um yeah we’re going to have a year of of just an absolutely insane transformation of wealth happening once again before our very eyes everybody in the world having a new opportunity to get in and start accumulating a crypto position

Even if it’s just between now and the April having whatever you’re able to do you should hopefully potentially do very well from it and I hope it changes your world I hope you take this message seriously but if you do do well and you

Do put in money you better D make day on sure you’ve got an accountant filing all this stuff for you so you don’t get picked up for some crazy ass new bill that’s just basically meant to to ultimately control everything you do in the crypto space they can’t kill crypto

But they could definitely make sure they’re you’re doing with it uh what they want you to do with it um and a big part of what they want you to do with it is pay the taxes on those gains especially now because if they do approve these bit spot Bitcoin ETFs and

It makes a whole bunch of people millionaires overnight you’re damn sure they’re going to want their cut of that because that’s the way any of these kinds of organizations work if you’re making money off of things the the decisions that they’re making they want their cut and if you don’t pay you’re

Going to find yourself staring at a cement wall and that’s no fun so make sure you pay your taxes because it’s definitely cheaper than losing your freedom and until next time guys Crow your coins and I’ll see you soon stay safe