A VOTE FOR BIDEN IS A VOTE AGAINST CRYPTO IN THE U.S.

A VOTE FOR BIDEN IS A VOTE AGAINST CRYPTO IN THE U.S.

hello everybody Welcome to the Thursday live stream I’m going to do something that I usually do not do which is not really a smart decision I’m going to be talking about politics because over the last 24 hours it just seems like it’s the elephant in the room so I have to talk about what’s going on and before we talk about this issue let me just uh be crystal clear this channel isn’t financial advice and it’s definitely not voting advice I’m just telling you what is going on it is up to you to do your own research as to what candidate you would like to vote for and there’s a there’s three of them essentially uh you’ve got Biden you got Trump and you got RFK Jr so it’s not like this you have to go in a certain direction I’m just telling you what’s happening behind the scenes so today if uh you missed it we did a great had a good show with uh me Ben Nick from coin Bureau and we went over on the NFA live over on Ben’s Channel real good stuff mostly about uh macro uh the different narratives in 2025 and then also of course talking about minivans so you can check that out there’s a link in the description so here’s where everything devolves and comes into so this was a post from yesterday this is over the last 24 hours and this is from Bitcoin magazine legislation that would overturn the SEC rule this is for this is resolution 109 it would overturn SEC rule preventing highly regulated Financial firms from customing Bitcoin and crypto passes the house now if you’re not from America just know that just because it passes the House of Representatives as a bill which is actually kind of rare it has to go into the Senate and the Senate actually has to approve it and the Senate approves it it goes to the president United States the president could say okay we’re gonna go through this or he’s gonna veto it and uh this of course would allow institutions and Banks to custody Bitcoin and digital assets which is what they were asking for when this Bitcoin ETF came about and they’re like look we need this because places like coinbase other places we would like to custody these these digital assets allow us to do that so they repealed it and then there was a statement that came out this is from the Executive Office of the President of the United States and he says look the administration strongly opposes passage of ha resolution 109 which would disrupt the sec’s work that’s that’s kind of a stretch to say work to protect investors in crypto asset markets and to safeguard the broader Financial systems to safeguard the broader Financial system I can understand where they’re going here as far as like Banks but to to protect us I don’t know how much protection we possibly need I feel pretty good so far I think I can understand these things I’m not an ignoramus but uh this is the ad this is the administration’s policy like look if this since this goes through if it comes to this this desk we’re gonna veto it so sorry for all that work and again not telling you who to vote for I’m just saying and this is really what it comes down to this is why I put uh Charles that beautiful picture Charles with his head blowing up essentially and what he said in his recent uh video which I link in the description you can check that out I want you to be able to hear this and it’s about 10 20 minutes long but uh we’re just gonna go over the 16 seconds so this is the Crux of what he pretty much said and I gota agree with so just take a listen and uh we’ll go from there I don’t really care who you vote for whether it be RFK or Trump or somebody else I don’t really care who you vote for whether it be RFK or Trump or somebody else but do understand a vote for Biden is a vote against cryptocurrencies a vote for Biden is the a vote against the American cryptocurrency industry that’s it that’s all he said I mean he went into why that is and he wed about again I don’t care who you vote for me personally I live in Puerto Rico so I can’t vote for president anyhow I’m just telling you this is what is happening and a vote over here potentially could be a vote against cryptal assets and of course people say well I absolutely despise the other candidate you got two other ones you want to pick from right if you want to go for RFK Jr he seems to be pretty Pro crypto and there’s some different policies that uh May entice you and then of course the other side of trump people absolutely either they love him or they hate them I’m just saying telling you this is what is going on and then to dig deeper into this but people say well Rob but you know Trump has come out you know he came out three years ago and said that Bitcoin was essentially a scam and didn’t like it and everything else first of all that was three years ago as a reminder Michael sailor in 2013 Michael sailor the biggest Bitcoin bull out there said essentially that it was bitcoin’s time to expire and go away he was not a fan of Bitcoin how long did it take him it took him quite a bit of time actually until 2020 essentially to get on board and now of course he is the biggest Bitcoin bull so don’t you don’t say that oh because somebody thought this one thing before that’s what they’re thinking right now and then the other argument would be well he’s just a politician he’s a liar well no kidding they’re all liars that I like I I I don’t know like what else to say they’re all liars so I mean that’s just really what it comes down to but I mean he did at least pivot and say like look well I’m going have you listen to this thank you for the statement yeah with the goggles on uh a lot of the smartest people in crypto are moving their businesses out of the US because they’re scared of like uh the US’s regulations because of the hostility correct yeah crypto is moving out of the US because of hostility toward crypto correct so what are you gonna do to stop it well we’ll stop it because I don’t want that I don’t want that I want that if we’re going to embrace it we have to let them be here yes sir okay so that’s what he says right there is he gonna do it who knows he wants the vote so why wouldn’t he do it I’m just saying it makes a lot of sense and then this is another piece this from uh my man Dan gello and this is another uh angle for what he actually talked about here you go they are against it the Biden uh Biden doesn’t even know what it if you ask Biden sir are you for or against Krypto what’s that what get me off the stage he say get me off the stage now he has no idea but look gentler is very much against it the Democrats are very much against it and I say this a lot of people are very much for it probably a lot of the people in this group yeah so I mean that’s it and then of course this came out but there’s a flip side to everything right I can’t just give you this one side and not tell you the flip and the flip side is Anthony scaramucci if there is anybody out there who is not a fan of Donald Trump it would be Anthony scaramucci let me bring this up so you can actually see it and uh this would be right here and the mooch said it very wisely he goes I’m not sure why the Biden Administration wants this self-inflicted wound I can’t figure that out either can someone explain why they are seeding this ground to Trump there is a lot at stake here and single isue voters could decide the election now that may be true and of course it’s up to you to decide like is this somebody for me if you are you know a US citizen and can actually vote in this presidential election people say well what about January 6th and what about the NATO congregation what about what’s going on then what about the increase in taxes on the other side look I’m going hear to sway anybody’s opinion I’m just telling you these are the facts and I don’t see Biden pivoting anytime soon and definitely not Gary gendler anyhow let me know what you think about that in the comments section I’m pretty sure that will be a Hot Topic but let’s move on shall we because time is taking and time is taking and I kind of just was we were talking about this today on NFA live about about what is the next Catalyst what is the next Catalyst that pushes us forward there’s a great website called 99 bitcoins.com and we we talked about narratives and of course we just got past the having we had a nice big push I think Bitcoin hit around 73,000 altcoin Market is up I think we’re at 2.4 trillion now Bitcoin could be at 62 probably dropping a little bit more but I was taking a look at all these things about what could be the next Catalyst this is going back into the beginning of 2020 before Corona virus and uh you know we were going into the having itself looks like there was a there was positive things like India Supreme Court lifts the ban on bitcoin and of course the Corona virus came in Bitcoin loses half its value in the two-day Purge as we get into I think it was around May 12 correct me in the comment section of when we actually had the having in 2020 third Bitcoin yeah somewhere around there Bitcoin miners in China order to shut down on May 25th 91 million from Russian Bitcoin exchange extraord researchers exposed flaw and Bitcoin wallets it’s pretty negative and that’s why we kind of went sideways like maybe Twitter accounts hacked but then we get some uh good news look at this one back in what the heck July 2020 us regulator green lights banks for cryptocurrency custody Services they must have overturned that micro strategy buys 21,000 Bitcoin okay now that’s a positive one US sees Bitcoin happens all the time someone lost 16 million in Bitcoin C coin exchange hacked of course you can see as things go down but the narratives were looking pretty good okx suspends then PayPal allows Bitcoin and crypto spending then we had Tesla actually accepting Bitcoin and was all these narratives look pretty good but out of all these different things that happened I think the biggest thing that actually happened and this is what I’m we’re always talking about liquidity and it really comes down to the macro factors this is the M2 money supply what do you notice this is going back to 2018 and what I overlay here is on the uh blue the blue line that is the uh the total market cap for cryptocurrencies and digital assets including Bitcoin and you can see is the money supply increases as the uh fed and the treasury turn on their printers what do we see we see well first of all back in 2020 quite a bit of a drop and what happened printer goes Burr and what happens exponential volume goes up and goes up so all the good things that we have maybe just as simple as that as it’s just excess liquidity in the market and as we kind of go sideways we have a little bit of drop off and then of course as it decreases so does the price of the total market cap but one thing to note here though is that as we’ve gone sideways we’ve still have gone up so it is interesting that there is actual liquidity but I still think the macro factors are a big piece and I’ll leave it off with this Ben just put this out the Atlanta fed is now projecting that the Q2 of 2024 real GDP to be 44.2% which I found fascinating because q1 we were at 3.3% meaning that our economy is growing at a nice click and I found this interesting that the Atlanta fed is this is the projection coming out so there is no it looks like there is no visibility of any recession everything is growing GDP is is is Off to the Races looks fantastic and it’s amazing that it’s in a presidential election year but I want to direct you to this video this is from George gamon Rebel capitalist he talks about Warren Buffett is now the bearish she’s ever been and he takes a look at a lot of macro factors in this video and it’s very short like 17 minutes I link that in the description and I want you to make the Judgment call for yourself to see if we are in the right place at the right time with the macro events to me I don’t I’m just going to leave it up to you and that’s it for today i’ I’ve done enough assumptions we’ll just go that way so look if you like today’s video give it a thumbs up consider subscribing everything talk about this time sensive now if you want to stick around let’s uh do a little Q&A I’m sure people go I see a bunch of questions already so we’ll do that if you had to take off take off thanks so much I do appreciate it see you on the next one but now let’s come into the Q&A metallic and hoskinson 2024 I don’t know if that’s gonna happen yeah this was a weird story RFK junor brain has been eating my that wasn’t the case they said that found a worm in his brain this is from you can Google this just Google RFK Jr worm and you’ll see the story very strange ah what are you gonna do RFK Jr is Krabby one is finally about to expire 2025 like for Republicans not to draft the tax code if possible Compass says all Trump will do is screw the tax Cod again for another eight years I will remind you I will remind you that Biden’s tax plan is what is to tax you on unrealized capital gains does anybody remember that now we’ve talked about this in the show numerous times it’s been going on that like that this will be the third year it never passes because it’s ridiculous but the fact that they even talked about it and said we’re going to do this is unbelievable to me imagine this you’re unrealized tax gains right you’re sitting you’ve done hard work right you’ve already gotten taxed for your income then you buy Bitcoin and Bitcoins doubles you’re like cool I gotta do is hang on to this government comes you and says not so fast you owe us X Y and Z because these are unrealized gains you need to pay us and I don’t care if you sell it or not that’s essentially what it is that’s what that’s what you want to do all right sounds good but again let me be Crystal Clear we’ve talked about this many times there’s there’s always a chance very slim chance that actually get passed it’s ridiculous even Mark cubin came out and said look I support Biden and that thing is ridiculous it’s never gonna pass sure ah I got n99 problems Bitcoin at one sounds good can we vote for John Stewart instead National Treasure John Stewart you gotta love him this is the best America has to offer yes the best and the brightest aren’t running for president would you want to be a president United States you know the stress and the problems and the backlash you have to go through no thank you Matt says scar Moi is a Democrat is best friend ASF I don’t think his best friend was SPF he’s a fraud I I wouldn’t say that scoi is a is a fraud I think he’s got a lot of good Insight because he worked very closely with Donald Trump I believe he he was his press secretary for quite some time some bad things happened and uh he stepped down and there was a lot of threats for family members very ugly very ugly situation I don’t want to get into that yeah Rob said your point was they’re all liars you can guarantee 100% Trump will pivot and turn away from crypto once his big Bank buddies get involved yeah that’s for sure not for sure if if that was the case and if they’re all liars then maybe Biden would turn around on on his stance on where he wants to be you never know you never know you you gotta tell you that uh just to get elected they pretty much say anything let’s be honest but to keep yourself in office you got to keep doing what the people want Brooklyn Jo unit stat oh really I didn’t know that it is a commonwealth thank you let’s see better up two evils is Trump by far people will say maybe people say not I don’t really David says so dictator or the end of crypto yeah or just vote j r k Jr or just don’t vote at all maybe that’s your response see prisoners dilemma what are you gonna do uh why can’t you vote for president in Puerto Rico because it’s not a state that was one of the provisions I don’t know Trump will flip hard against crypto moments after he meets Jamie Diamond and David Solomon I guess if you look at it as you know what’s the future is banking the future or is crypto GNA the future and that is that going to set up the United States for the next 10200 years depends I’m not in his head hello cats next coming up RFK Jr is putting limits to crypto I guess it’s something crypto Robin says Tri Trump aims for crypto obviously his meetings are ignorant as hell at this point well I can tell you I don’t know because I can tell you who’s not for crypto it’s Joe Biden and his total am his his his administration is totally anti- crypto has he done one positive thing yet for Crypt Nel assets it’s been three years has he moved the needle in the right direction I don’t think so so again you have to ask yourself this is just one issue right of course you can say whatever else it is and say well I’m voting because of this way this way this way but just know you’re gonna get the same thing and that’s what Charles Hoskins talked about in his video and I have to I concur with what he said you’re gonna get the same thing I don’t know how’s Texas today is it a big difference in Puerto Rico in El Paso it’s the desert so it’s a little bit different Puerto Rico is the place to be though man I gotta tell you like I love Texas I do but it would be nice to be home in Puerto Rico going to the beach relaxing all that stuff that’s really what it comes down to stress relief ah anybody have a question about crypto or we’re going to talk about politics all day yeah I’m not gonna answer any more questions about politics and who’s this and who’s that because come on this is up for you guys to figure out gosh let’s take a look I own it so I’m gotta I I immediately got excited let’s see at least I’m honest let’s see Cas oh wow great here look at this forget what I just talked about C networks up 15 16% very nice ah here’s your dpin play essentialized file storage I do like it GPU processing all that good stuff let’s see how it’s done in the last seven days it’s pretty good a month okay now we’re talking three months still pretty good one year okay and the worst one damn it’s actually doing really good so this is the thing about for older projects older projects that really haven’t done too much if you’ve had a project that’s been around since like 2013 2014 it’s hard to keep it in the top 50 just because either they got found out that they weren’t doing anything it’s worthless people weren’t building in the bare market and they just kind of dissipate but Akash has been around since 2021 so they’ve been doing the right things ah good thing I bought some but don’t let that fool you I bought a lot of things and they haven’t done too well rues being one of them but uh maybe that’ll pay off at some I am no genius in these departments Denny King what’s your favorite dgen play right now it’s a good question it’s a great question and before I answer that question everything is a gamble like a huge huge huge gamble when we talk about DJ plays and meme coins so me I just did a video which talked about how to stake Bonk and bonk was one of those projects that I said would be in the top I said top 100 this was last year because I thought it was like Dogecoin 2.0 and um let’s see it’s noing okay so Bon is one of my plays I like how about seven days nope one month three months okay one year okay now talking how about Max no shoot even better hey we’re almost at when was this alltime High 2024 yeah I remember those days so I I did this the video about how to stake Bonk and how to essentially compound interest you can start to take those rewards every day and just just restake or once a week or once a month and just restake restake restake and off it goes and it’s uh it’s done by a smart contract it’s not by you know third place you don’t lose your keys essentially so there’s that one and tuer tuker is is a one of those projects that I hilarious and again it’s like it actually does something it’s uh quite entertaining I think ran over a crypt banter they did a great they did a great project and they said look we’re gonna keep we’re have a meme coin let me show you what it is how about that hey it’s up 15% today it’s pretty good and uh yeah so and and then of course the revenue that they get from their from their Partners or whoever they’re going to get for for the sh not for the shields for the um Partnerships I guess they’re going to take that money and do buyback and burns so makes a sense let’s see and uh here’s our YouTube channel tuker kson I find it hilarious so there’s that one and then let’s see what else Bowden it’s a good one and Maga which is a token that’s up I don’t know how much today but it makes sense anyhow but remember that’s a very very low percentage of my of my portfolio and if you live by the mcoin you’ll die by the mcoin so be careful out there [Music] ah buuz bear Rob what’s your outlook on eth if they deny the eth ETF would this be the gradual downfall of e with a p like Caspa with smart con their chance to take first of all I own Caspa so but does that great we actually talked about this in NFA live and Nick who was the CEO of coin Bureau had a really good take on it and he said that you know he’s like it’s pretty much priced in I mean to a point he goes nobody really believes that this is actually going to go through especially with who’s in power right now Gary ginzler and he said so it’ll just kind of go on and pass and then also it was interesting to note if you go to ultrasound. money uh ethereum just turned inflationary since the transfer uh from proof of work to proof of I don’t know if it’s the first one but it’s it’s inflationary not deflationary right now so it’s not looking too great for ethereum right now but then one more thing he he did talk about he said he goes people are kind of saying that this is actually good because as time goes on they can actually accumulate a little bit more ethereum and then they can give you know the ETF accolades the Bitcoin and ulate there so uh my my thought is that is this I don’t know if there’s anybody who really truly believes that the E ETF is gonna go through I don’t but uh Ian I could I was wrong on the Bitcoin ETF so who knows yeah flesh pistol eth is overvalued due to it being a first mover and being having whales holding it up it’s true there are way better chains not saying it won’t go up there’s way better chains and there’s those are layer twos and I have to I have to agree there’s a lot of whales holding it up a lot of money slashing around so if you can get those whales to go to something uh better cheaper faster easier sure a lot of things out there but yeah there’s a lot of money in that let’s see man I gota tell it’s split down the middle some people hate President Biden and some people and half the people hate Donald Trump nobody really hates RFK Jr though yeah Rascal’s got a good point RFK Jr proposed putting government spending on the blockchain can you imagine that did you know that the uh US Government the uh defense the for the for the defense budget they actually lost a trillion dollars just disappeared somehow imagine putting that on the blockchain and backing 10% Us dolls of Bitcoin that’d be pretty great idea let’s see if he goes through with it remember they’re all politicians who knows I mean I think um president Malay didn’t he say that’s you know Bitcoin was going to be the best thing of all time and they’re going to reintroduce that to their economy and they’re going to shut down the central banks which they did do but did they go as hard and as heavy into Bitcoin as he said no they did not waiting for that to happen yeah voltic St again yeah that’s it I can get behind this donon says the real problem is in Congress and Warren I couldn’t agree more Jake today’s got a good and we’ll leave it at this one if the co crash happened nine months later what have that have done to the four-year cycle I think if you look at the response the response still would have been the same and the response would have been the FED in the treasury going okay we need to print a lot more money as it because remember that it it didn’t really hit globally I think it started I want to say in December of 2019 or January 2020 and it started to spread and all and then by March 2020 is when we had you know all the lock downs and pandemics and everything else and that’s when the printer got fired up so if you take that just nine months later I think it just would have accelerated things we still would have had a bull run it just would have been a little bit later and we’ve been like yeah this is what happened my big question is this and I always thought this if we get a recession whatever the government CL clar classifies as a recession these days I always thought it was two negative quarters of of decline of GDP GDB growth that it would would extend out these fouryear Cycles but now it looks like we’re not going to have a recession it’s amazing anyhow watch that video by uh George gamon and also the NFA live and of course Charles hoskinson video check those out but that’s it for today so look like today’s video thumbs up subscribe all that good stuff thanks everybody for stopping by I appreciate it and not getting too disgusting in the chats I really appreciate that that’s it thanks so much everybody see you on the next one

There are TWO things you don’t want to talk about at parties – Religion and Politics but today we have to do one of those. Biden and Trump and Charles Hoskinson.

NFA LIVE VID – https://www.youtube.com/watch?v=5WrV1vxsI8E

CHARLES video – https://www.youtube.com/watch?v=2FkymIAW-k0

George Gammon Vid on Buffet – https://www.youtube.com/watch?v=DEaw8fOSZRU

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WHY & WHEN I’M SELLING 80% of my CRYPTO 2025 – youtube.com/watch?v=wHlE8lj_mKI

STRESS FREE PROFIT TAKING (NEW/EARLY CRYPTOS) – https://youtu.be/kXZ-aW5FIP8

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⏰ June 12th, 2022 (11am). Take ALL crypto OFF of Celsius ASAP! – https://youtu.be/4QzIzg1HtDU
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⏰ *”Not your keys, not your crypto” repeated AD NAUSEAUM over 2 years.

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

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