Bitcoin WHALES Are CRUSHING IT, CRAZY Popular News Today, The CURRENT Bull Market Cycle

    Hello everybody welcome back for another
    video hope you’re all doing well and
    hope that you’re all having a fantastic
    day without any uh further Ado let’s
    jump right into it um there’s a lot
    there’s a lot of weird news today you’ll
    begin to slowly understand as we go
    through it um a little bit more uh but
    yeah uh someone by the name of kongju
    that is juu as the last name founder and
    CEO of crypto Quant has noted that the
    initial Investments of New Wales are
    almost twice as big as the old whales
    cumulative total we’re getting whale
    news again apparently not only are
    people buying but they’re actually
    buying far more than people who
    purchased before that yeah that totally
    makes sense the data shows that
    shortterm holding whales own a total of
    $110 billion worth of bitcoin uh
    dwarfing the 67 billion held by
    long-term holding whales the people who
    basically have been in the market a lot
    longer in order to qualify as a
    shortterm holder whale that’s a terrible
    holder whale okay the average coin age
    should be less than 155 days if you are
    holding the coins for less than 155 days
    Andor if you sell then therefore you are
    a shortterm holder crypto Quant also
    excludes the addresses of centralized
    cryptocurrencies and people who
    exchanges and people who are mining last
    week the crypto Quant CEO also took an
    indepth look at unrealized profits on
    various onchain cohorts old whales of
    course come in first place with their
    profits reaching
    223% that is on average the way that
    people tend to calculate stuff is how in
    profit everyone is at any given time I
    usually don’t bring the news here CU
    it’s not as important as other things
    but a lot of times there will be news
    and it says like if Bitcoin moves up to
    73 70 whatever th000 it’ll say that 89%
    of wallets are in profit that is to say
    if someone bought at 74 we’re not at 74
    therefore the last little top of the
    mountain isn’t impr profit and it kind
    of usually deals that way and then if
    they say if the majority of people who
    are the old whales or long-term holders
    in general purchased
    Bitcoin all of them before $20,000
    therefore they are completely in profit
    and this is how much they are in profit
    percentage wise based off of the amount
    of time that they’re all holding really
    weird metrics but it usually is um used
    to gauge how long that people have been
    in the market and how long they’ve been
    holding that’s why a lot of times when
    you hear me say like the significant
    ific of this is like if we hear that
    there are wallets that are only buying
    and have not sold these are long-term
    holders and they usually typically have
    no intention of selling it’s the same
    exact thing with all the large
    institutions who were buying into the
    space and why micro strategy continues
    to have to reiterate we’re not selling
    it’s because they’re holding this on for
    the long term they’re going to make as
    much profits as humanly possible within
    the market or they have no intention of
    selling as many of the companies have
    also said it says however New Wales
    which came from traditional finance and
    acquired Bitcoin through ETFs are
    enjoying very modest unrealized profits
    of just
    1.6% the profits of small people who are
    mining managed to surpass
    130% people larger miners uh for example
    um have to settle for 81% of unrealized
    profits 81% is still
    incredible am I supposed to act like
    that’s that that’s a small number 81%
    profit okay according to crypto Quan CEO
    they suggest that these profits are not
    yet sufficient enough hence the current
    bull market cycle is unlikely to end at
    this
    stage I’ve seen that also being a metric
    that a lot of other people are using
    Andor throwing out there as
    well a lot of analysts are like making
    sure that people know that the bul cycle
    isn’t over and I’m like no one no one
    thought it was over we we’ve seen all
    the metrics and we know exactly how long
    these things tend to last
    but yeah um a lot of news surrounding uh
    Wales today I thought I’d only bring one
    new story because do you want 75 new
    stories about Wales probably not um a
    lot of ETF news also not that it’s not
    important but you get the generalized
    idea there’s a lot of money still
    flowing into the ETFs some days are of
    course better than others black rock is
    still doing extremely well and
    grayscales picking up a bit because of
    the news about their new Bitcoin mini
    trust but yeah that’s the Bitcoin whales
    and I guess also long-term holders we’re
    going to start seeing these metrics rise
    a lot more as once again a large portion
    of the people who are in the market plan
    on buying and holding that’s the general
    sentiment at least from what we’ve been
    seeing yeah that’s the Bitcoin whale
    news
    yeah let’s move
    on in um
    this is one of those things where you
    don’t expect it to be popular news and
    it’s not that it’s not important but
    there are so many other things currently
    happening within the crypto currency
    space that are far bigger than this this
    made the most popular news of the
    day
    because question mark um tether
    has partnered with the ton Foundation
    that’s the telegram open network like
    the texting app telegram a number of
    years ago they made their own coin
    called ton this was 2018 or
    2019 and this was I mean the timing was
    horrendous this was the same exact time
    when Facebook made their coin and
    Regulators were absolutely egregiously
    horrified that Facebook was about to
    become the largest bank on the
    planet and with the introduction of I
    think two other I think two other
    texting apps uh came out talking about
    their own coins at the same time and
    they were body slammed into the ground I
    mean obliterated very quick uh about two
    years and a half after telegram kind of
    pop their heads back up and say hey we
    have our coin back or I think that I
    think the coin was given to an
    organization or something like that but
    I think they’re still lightly Associated
    as far as I can understand it so tether
    has partnered with ton um putting 60
    million tether on the open network
    blockchain and this was announced at the
    token 2049 event in Dubai uh making ton
    the 11th largest blockchain out of six I
    don’t know there there were 16 there’s
    16 blockchains now who will have tether
    on them the people from tether I believe
    did this in the name of air quotes
    decentralization but it also has to do
    with basically not having all your eggs
    in one basket the SEC and many other
    organizations have not liked tether
    simply because these other organizations
    were also trying to create their own
    stable coins and did anything they could
    to throw dirt on Tether and I told all
    of you years ago when a lot of people
    were telling me that something was wrong
    with tether I I told you no
    because it would not have been on crypto
    exchanges if something inherently had
    been wrong it would be impossible for
    this thing to be the number one stable
    coin and look at that I was correct
    behind the scenes it was just corruption
    from a number of news
    outlets uh who were making sure to
    spread negative news and then when we
    connected the dots we found out that
    these news organizations and companies
    were actually connected with other
    people who were trying to make stable
    coins and it’s like you people are slimy
    and gross uh so in that same breath
    tether has had to uh put their coin on
    multiple block chains just to make sure
    that if one of the chains goes down if
    something happens they still have tether
    being issued on the other
    chains uh this collaboration also
    introduced the gold pegged tether gold
    zout X aut stable coin on tone with
    crossb payments touted as free instant
    and as simple as sending a direct
    message on telegram to their 900 million
    users despite the new issuance on ton
    the majority of tether’s 109 million
    Supply 109 billion Supply remains on
    Tron and
    ethereum um cool so I’ll put it to you
    this way this was incredibly popular
    news and I necessarily
    myself couldn’t figure out why maybe ton
    is far more pop
    popular than I know about I myself don’t
    use ton and I am not on telegram so I
    can’t really speak for that is it that
    now I and I ask as someone not knowing
    on telegram are you able to use the ton
    coin are you able to use tether on
    telegram now as well cuz that would also
    that would make a little bit more sense
    to me as far as like oh okay this is
    quite sign ific news but after that
    we’ve heard before of many other chains
    who’ve been getting tether issued on
    them and it has never been as popular as
    as this one it could be that there was
    maybe the Dubai conference was more
    popular than I’m also understanding as I
    I’m I’m not really getting it it’s not
    that it’s bad news none of this is bad
    news it’s just more of a and I say this
    lightly it’s only $60 million
    compared to 109 billion that’s issued
    across multiple
    chains right um we’ve also seen gold
    pegged stable coins before this is also
    not new I’m sure there’s someone out
    there who’s trying to Google it right
    now uh people have been trying to create
    these things since around 2016
    2017 um as a way to like what’s the word
    push Bitcoin a side even this this
    what’s his guy’s name Peter Schiff he’s
    he’s just go get help he’s also an
    advocate for like did you hear what he
    said a couple of days ago it was it was
    the weirdest thing in the entire world
    Peter Schiff is the guy since like 2015
    he’s had nothing better to do with his
    time and he’s been telling people people
    to not buy Bitcoin since it was around I
    think $200 look how incorrect he was he
    recently told people that gold is the
    new Bitcoin
    and he said all you have to do is put
    gold on a
    blockchain and then you can use its
    value on chain similar to bitcoin making
    gold a better
    Bitcoin and I was I was like did you
    hear what you
    said like you you sound insane I I I
    don’t understand how and he keeps
    getting on the news what I think it is a
    lot of times and I say this in the
    nicest way possible people who are crazy
    or like are eccentric they tend to make
    it onto the news quite easily because
    they get the ratings so this is the only
    reason why I think he is
    constantly in the news all the time even
    the other I mean for those of you who
    didn’t see it the price of gold I think
    went up to 2,200 when it went up to 2200
    or something like that he he he was on
    the news smiling saying that gold had
    outperformed Bitcoin and Bitcoin was
    done and I was like I know you know math
    I know I assume you went to
    school you you know that 2200 is far
    less than
    70,000 and you can even look at the ACT
    I mean charts just even from the last
    year and a half I’ll even give you a
    good two years Bitcoin has tripled in
    value gold added $200 you are completely
    incorrect so these gold pegged stable
    coins are literal garbage people have
    been trying to make them for a very long
    time there’s also been a lot of
    countries who were talking about making
    gold Peg you it’s it’s
    not it’s not feasible people have tried
    it there’s not enough
    um the war is not market cap there’s not
    enough liquidity for these things and
    you have to also if you’re issuing one
    of these coins you have to have hundreds
    of billions low trillions of dollars
    worth of coins of gold to actually keep
    these things stable and they don’t ever
    remain stable
    so cool
    can’t figure it out I don’t think I want
    to figure it out um that’s the tether on
    the telegram open network news very
    popular I’m not myself understanding why
    but I guess Pao Ardo maybe just got
    richer you you see he’s smiling in the
    photo I mean tether makes billions of
    dollars in profit every like three
    months billions just from people using
    their chain so I would also be smiling
    in my profile picture that’s the tether
    news uhhuh
    yeah let’s move
    on also
    in
    sure the cardano foundation in
    collaboration with four other entities
    blink Labs D spark Sunday labs and
    transaction pipe TX pipe
    have announced the launch of something
    called pragma a new not for-profit
    Association dedicated to promoting
    open-source blockchain software
    projects uh renage Moon Global
    communications director announced a
    launch in a post it noted that the
    signing of the association statuses
    signed pragma official launched signals
    PR launch which will prioritize
    fostering a space where developers can
    collaborate and build upon open open
    source
    Technologies so it looks like they’re
    trying to create something that
    basically incentivizes people to want to
    build on their chains or within the
    space there are a number of associations
    already like this I assume they’re
    trying to basically make their own
    cardano and many other
    chains um I would say suffer from a
    situation
    where they’re developed and they have
    upgraded but they don’t have as much
    usage as other chains we’ve gone over
    that thousands of times as far as uh
    ethereum and polygon and
    Bitcoin um even xrp has seen a huge
    amount of development while the price
    was going down over the course of a
    4-year period and cardano tends to be we
    we we’ve gone over before why cardano is
    usually in the news it’s normally
    Charles hoskinson screaming at someone
    that’s also not a joke either so I guess
    this is meant to kind
    of uh make it so that people can come
    together to want to collaborate and
    build things on top of these projects
    and I’m mainly focusing on cardano as it
    is the only chain that we currently have
    here I think it’s a cool idea I see see
    nothing wrong with it it’s just more of
    a I hope it happens kind of thing um we
    are getting to the point where uh in
    crypto your chain has to do something
    you like you need to have mega
    Partnerships at this point you need to
    have thousands of projects being built
    on top of your chain and for those of
    you who missed it a lot of uh the larger
    chains are taking a huge amount of that
    that uh that space that real estate
    because where
    before the idea was that uh only one
    chain could do something they can now
    all do the exact same thing as I
    mentioned back in 2017 when people were
    screaming at me that no they couldn’t
    all chains can have Smart contracts they
    can all have icos they can all have
    letters and abcs on top of them and even
    more so recently if you’ve been missing
    the news it’s been in the news once or
    twice uh Bitcoin not only has has um
    nfts it also has video games on it yeah
    that’s not a joke Bitcoin has um NES
    SNES and N64 games on it and what else
    was there oh Bitcoin you can also create
    coins on top of Bitcoin as well so you
    remember how before everyone was just
    using the erc20
    um protocol on top of ethereum to make
    new coins you can now do the same exact
    thing on bitcoin so there you know there
    are certain chains that really need to
    find their their groove their
    Niche yeah so cool I hope something
    comes of this simply because cardano
    seems to be trying they’re trying to try
    they’re always in I mean they’re
    recently in the news if you’ve been
    paying attention we’ve been getting a
    lot of altcoin news which is quite like
    okay cuz we weren’t getting any altcoin
    news for a very long time I mean to be
    completely Fair between January and like
    the middle of April everyone was just
    focused on the Bitcoin
    ETFs and um the having so usually we’re
    now at the point where as I’ve stated
    before after the having is normally when
    altcoins tend to like really surge in
    price and this is why I think you’ve
    seen the last couple of videos there’s
    been a lot of altcoin news I think
    they’re trying to make themselves more
    publicly aware once again
    um so people know basically what’s going
    on with them if prices begin to start
    moving up yeah that’s the cardano
    foundation has created pragma a not
    for-profit
    Association to basically get people to
    build stuff on
    blockchains
    yeah moving
    along also in the news and this is
    I won’t use the word propaganda but this
    is borderline kind of there uh there was
    a huge discussion a number of years ago
    that Bitcoin wasn’t green enough and
    this discussion was basically started by
    I mean so I’ll tell you the the complete
    truth basically from what I’ve
    seen when Bitcoin was first created
    everyone knew Bitcoin and other people
    began to make other coins that mimicked
    Bitcoin but were not
    Bitcoin one of the more popular ones was
    ethereum and in the beginning people who
    liked
    Bitcoin began to spread rumors that
    something was wrong with ethereum it’s
    not quick enough it’s not fast enough it
    doesn’t work it’s broken yada yada yada
    and that was also I told you the reason
    in the very beginning a lot of people
    were telling me not to talk about
    ethereum on the channel because it was
    garbage it’s a scam and I was like no
    this coin is definitely real but the
    opposite was also happening on the other
    end where people began to say on the
    ethereum side and also on the Litecoin
    side and the blah blah blah blah blah
    that Bitcoin was garbage Bitcoin was
    this Bitcoin was terrible when xrp was
    released and got really popular on the
    scene Bitcoin maximalists began to talk
    negatively about xrp and ethereum saying
    that they were pre-ind which both of
    them were at least partially for
    ethereum and that there were so many
    issues with them and this began the
    entire debate of proof of work versus
    proof of stake the idea being is that
    Bitcoin is very energy int intensive and
    that xrp isn’t this isn’t usually in the
    news as much anymore but I’m giving you
    the entire full rundown of everything
    that was happening before and the
    discussion was as well xrp uses a
    fraction of the energy cost for Bitcoin
    this is when we started hearing from a
    lot of people randomly it came out of
    nowhere and I assume it was something
    that was simply thrown into the media by
    a number of people and organizations and
    institutions who were trying to
    discredit Bitcoin in some sort of way we
    began to hear that Bitcoin wasn’t green
    enough and this is this is one of the
    weirdest Parts because there was never a
    topic of discussion before and a lot of
    people began to come forward talking
    about that bitcoin’s energy usage was as
    much as Argentina or as much as this
    city and it took up this so and so and
    none of that was ever actually
    substantiated people kept on finding
    information in news and numbers but none
    of the numbers ever actually matched up
    so I think myself that that was a
    portion of the reason why we even saw
    ethereum moving from proof of work into
    proof of stake because the idea was is
    you needed a carbon neutral chain to be
    able to be popular you might even
    remember when ethereum transitioned from
    proof of work to proof of stake during
    the merge or the completion or the blah
    blah blah whatever they were calling
    this thing once again people on the news
    and on CNBC and all these rich people
    were like oh yeah we love ethereum now
    it was kind of you know the change in
    the narrative to say that they were in
    something green this was also a problem
    a long time ago where the people from
    Ripple were trying to promote carbon
    credits and I was like no those are also
    a scam the idea is that you can
    basically destroy the planet as much as
    you want and basically say okay well I
    paid my carbon credits for it it makes
    absolutely no sense and this is why
    you’re not hearing about it as much
    anymore because it’s a literal scam so
    on the opposite end when a lot of rich
    people rich rich people began to get
    into the cryptocurrency space around
    2018 2019 Elon Musk was one of them and
    he loved Bitcoin he talked about Bitcoin
    all the time he was going to accept
    Bitcoin for Teslas and do this with
    Bitcoin and yada yada but the news that
    we had if you
    remember was that
    allegedly Elon Musk had gone to uh
    blockstream basically the people who
    kind of like deal with bitcoin’s code
    and they’re kind of like the the center
    of bitcoin’s initiatives if you will the
    the the story was that allegedly Elon
    Musk went to them and was trying to get
    control of Bitcoin and you might sit
    there and roll your eyes you you don’t
    know Elon Musk if you don’t think he’s
    going to do something like that and
    apparently allegedly he was told no like
    we can’t do it that’s not how it works
    you Cann get control over Bitcoin and
    that’s when we got news that allegedly
    he had gone to people from the Dogecoin
    Foundation the Dogecoin whatever and
    basically they were like yeah cool we’d
    love to have you on our team and this is
    when he began to promote Dogecoin this
    was around I mean the same exact week
    where you might remember that he
    announced that he was no longer
    accepting Bitcoin and you would assume
    it was because oh no Bitcoin is not
    green no that was the actual reason it
    was because he couldn’t gain control
    over it cuz he’s a megalomaniac I’m not
    sure how people are not figuring that
    out at this point and and that’s when he
    announced that Bitcoin was not green and
    of course he has a lot of followers so
    people were like bitcoin’s not green the
    idea was is that less than 51% of the
    Bitcoin mining was from renewable
    sources so it was around like I think 39
    or 40% were people who were using
    hydroelectricity who were using uh solar
    panels wind power you name it you know
    renewable sources of energy if you will
    that’s a couple months later when he
    announced that if Bitcoin uh mining was
    done with 51% or more renewable energy
    he would then reaccept it and that’s why
    also you saw about a year ago people
    were so excited when Bitcoin went above
    I think 52% of renewable energy because
    they were expecting Elon Musk to
    basically go okay cool I’ll reaccept it
    again but why do you care what this man
    is doing it doesn’t make any sense
    you’re not him it doesn’t is not it’s
    not adding up at all so a large portion
    of the narrative which no one really
    talk about any anymore at all has to do
    with the idea of Bitcoin being green
    enough for the world so PayPal is in the
    news now once again bringing up this
    initiative and it doesn’t really make a
    lot of sense because a huge portion of
    the Bitcoin mining even like the event
    the majority of is actually completely
    green and we see that any we’ve heard
    that at least as well in the news from
    the information that we’ve been getting
    new companies who are also trying to get
    into the space they also also don’t want
    to pay local councils or local
    electricity costs so they’re actually
    all like making sure that they are green
    by default so that they can make sure
    that they’re getting extra electricity
    that is produced by Hydro dams and or
    creating their own solar panel systems
    so that they can simply not I mean in
    essence live off the grid if you will
    this is why it was such a big news story
    when we heard that El Salvador was also
    the country was also going to be mining
    Bitcoin but they would be using um
    thermal energy they’re trying to use
    something renewable that they have
    access to you know what have you so this
    is why I said I I I don’t want to use
    the word propaganda but it’s kind of
    like rehat an an old news story to make
    sure that you’re actually in the news
    PayPal became very popular
    popular when they announced a couple of
    years ago that they were getting into uh
    Bitcoin on their website their platform
    it’s not because they understand that
    bitcoin’s amazing it’s because they see
    that there’s money to be made in the
    market and they understand that they had
    to get into to it as early as humanly
    possible when you announce that you’re
    going to be doing something to like help
    the planet that kind of thing it’s
    always done because you are trying to
    promote your company in some sort of way
    you’re trying to change the image of
    what you do and who you are for the
    public by saying look there’s this thing
    that we’re really into that we know all
    the young people of it’s called Bitcoin
    you go but that’s not popular enough we
    haven’t been in the news enough times
    how do we make sure that people really
    understand what we’re doing you throw
    out an initiative that says you know
    what bitcoin’s not green enough and
    we’re going to make sure that we change
    the world I’m not sure if you’ve been
    seeing that very recently but a lot of
    electrical companies a lot of
    electricity companies a lot of petrol
    companies have been in the news recently
    and they have the most had the
    cringiest the cringiest ads on the
    planet uh one that I saw recently they
    were showing like families hugging and
    all these other things and they’re like
    we’re making the world a better place
    and it’s about them like reducing their
    usage of of fossil fuels and CO2 and
    it’s like you’re you’re the problem
    though you were the reason you’re the
    reason why we’re currently in this
    situation right now so this is why
    PayPal is announcing this once again
    it’s not that it’s a bad thing by any
    means but there’s always some kind of an
    ulterior motive when it comes to these
    Mega companies PayPal is not doing this
    because it’s going to make the world a
    better place there’s some sort of thing
    in this that’s going to make them money
    that’s always the bottom line for these
    companies they don’t really care about
    other people cuz CU if they did we would
    live on a completely different
    Planet PayPal is um having a new effort
    and it aims to promote sustainable
    Bitcoin mining practices collaborating
    with energy web and DMG blockchain
    Solutions PayPal’s blockchain research
    group the brg proposed a new approach to
    incentivize people who are mining
    Bitcoin to use environmentally friendly
    energy sources with the Bitcoin Network
    The Proposal introduces the concept of
    green mining who will be accredited with
    special green Keys tied to their use of
    low car oh gosh jeez Louise these green
    mining companies will benefit from
    privileged treatment and transaction
    processing enjoying lower fees and an
    additional locked Bitcoin reward only
    they can claim this incentive mechanism
    aims to align profit motives with energy
    sustainability and encourage rational
    mining to adopt cleaner energy sources
    for greater rewards and then they have a
    really weird what is this supposed to
    okay really weird box anyway I’m tired
    of talking about this topic I it’s it’s
    it’s it’s been a i’ I’ve been in the
    cryptocurrency space and I guess in the
    world long enough to continue seeing
    things like this and I just find them
    very cringey
    because it’s kind of like do you
    remember probably not a number of years
    ago there was some celebrity who came
    forward now once again not knocking it
    there was a celebrity who came forward
    because I think they weren’t in the news
    enough and they were announcing that
    they were um that they had been
    paying uh for people to go to school in
    the US you know College University and
    basically like it it was publicized
    everywhere and they were talking about
    how they were going to be like you know
    giving people money and like they’re
    always
    photographed whenever they’re in the
    news I mean handing out $50 bills to
    people and you know of course it it
    makes great fantastic news but it’s it’s
    also done for publicity it’s not really
    from the heart and that’s where like
    ends up making me really annoyed because
    a lot of that happens as well within the
    cryptocurrency space I mean not as much
    as before but boy howdy it was it was
    really gross it it was this kind of like
    look how amazing I am because I’m giving
    away money like look at me I’m awesome
    I’m important and then there was another
    celebrity who will also not be named and
    people only found that because people
    are nosy and people were digging through
    this person’s business and they found
    out that this celebrity had actually
    purchased a huge number of buildings
    like building buildings like 6 7 8 9 10
    11 12 stories had renovated these
    buildings and they were like these
    buildings were to give people free
    housing people who uh were without a
    home or were living rough they were
    allowing these people to like live there
    for free and they were also like
    donating as well to like organizations
    to help these people to give other
    people food and they what was the other
    thing they were also helping people go
    to college and university completely for
    free but the difference was is that they
    didn’t announce it people only found out
    because people are once again nosy and
    literally were digging through years of
    documents and found out that this person
    had done so and it’s kind of that same
    exact thing but I think within the
    cryptocurrency space I think it’s far
    more difficult because
    people are less financially inclined to
    do things to a help others and also to
    do things like without having it be uh
    something for them to have like a a a
    photo
    op because you you announce these things
    to make sure that your coin or or your
    organization gets into the news so that
    they’re more aware of how amazing and
    awesome that you are but it’s the things
    that happen behind the scenes that we
    don’t know about that are the actual
    amazing things don’t do things to have
    people stand up and applaud for you do
    it behind the scenes so that you know
    that you’ve done well that you’ve done
    good and you’ve helped someone you don’t
    need Applause from anyone else so this
    was also very popular news it’s because
    it’s PayPal the word Bitcoin is in there
    and this old idea of like making Bitcoin
    better and giving people an
    incentive it’s it’s it’s it’s very
    cringey I don’t want an incentive from
    PayPal to have to like save the world
    like I wanted to Simply do it because
    anyway and also once again people have
    already been doing it because it costs
    them less we’ve seen this problem before
    where a lot of different countries
    around the world have been kicking out
    people who are mining uh Bitcoin because
    they’re like you’re using our you know
    you’re using our electricity it’s too
    much you’re you’re taking and draining
    too much from the system so they said
    okay we’ll use our own system or a lot
    of these people go to very cold regions
    to not even have to use heating and
    anyway you understand what I’m saying um
    we live in a very weird weird world and
    I didn’t expect anything less from
    PayPal than
    this so yeah I think that’s going to do
    it for this video very interesting how
    we’ve been seeing a lot of um altcoins
    in the news there there’s not
    many who have I guess not been in the
    news ethereum’s always in the news C
    is pushing itself back in the news xrp
    hasn’t been in the news a lot uh
    sprinkles of Tron every now and again
    but that’s also very cringy news every
    now and again the latest Tron news was
    that uh Justin Sun bought crypto and I
    was like what that’s not okay um we’ve
    heard a bit from
    polygon um nothing from ALR
    recently yeah there’s a lot of other
    coins I’m I I expected by this point to
    begin popping up more in the news I give
    them a couple of weeks they’ll
    definitely do so um I do hope that
    you’ve all enjoyed I do hope you all are
    having a great day morning afternoon
    evening wherever you are wherever you
    might be I do hope it is absolutely
    fantastic thank you all once again for
    watching listening liking commenting and
    supporting and I will most certainly be
    talking to you all
    soon see you

    In what I guess is weird news, it looks like people who have been buying Bitcoin for years have been completely side lined by brand new people getting into the market as their levels of accumulation continue to out pace older holders. Some very weird popular news today… maybe you can tell me why? Cardano had announced a new project and PayPal is back in the news with some Bitcoin propaganda that we havent heard in ages.

    Articles: https://u.today/new-bitcoin-whales-out-invest-old-ones
    https://news.bitcoin.com/tether-expands-to-ton-blockchain-with-60m-usdt-launch/

    Cardano Foundation Debut PRAGMA to Drive Open-Source Project Development


    https://en.coin-turk.com/paypal-launches-initiative-for-sustainable-bitcoin-mining-2/
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    50 Comments

    1. β€˜Ship ahoy’, don’t chain yourself ⛓️ to the present financial and political paradigm β€¦β€¦πŸŒŠβ€¦.🚒

      Bitcoin & Litecoin are the liferafts in case you’re coerced or tricked aboard ship ….πŸ›Ÿβ€¦.πŸŠπŸΎβ€β™€οΈ

    2. HELL OH Everybody and welcome to the small block nightmares ☺

      Bitcoin Cash: A Peer-to-Peer Electronic Cash System

      The same 21M max supply as BTC

      Same halvings

      Same miners

      Same Genesis block

      BCH big blocks, scales, fast and cheap to transact P2P on L1 πŸ€”

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