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everyone Tony here Saturday November 3rd I'm back home from World crypto con pretty tired had a long flight today so I want to make this quick video just to give you guys some updates on what's going on as far as news in the market and friendly reminder Monday November 5th the SE C's due to review the nine Bitcoin ETFs they disapproved earlier in the year now will we get a decision on Monday I don't know it's very tricky with the SEC but recently they've been moving very fast and they've been doing a lot of you know pro crypto initiatives like they launched a resource for icos to ask questions and to you know approach them to get details on on what they're doing and so forth we know some of the folks like Jay Clayton and will be at the coin desk consensus conference so there's some things that are happening I think they got the ball rolling a bit let's see my fingers across that you know we hear some approvals on Monday some people are saying they're gonna deny it again I don't know but it doesn't involve the CBOE Bitcoin ETF so just let you guys know I think that might come early next year but who knows what the SEC guys you know we can only make educated guess here no one has a crystal ball but it will certainly be great it will certainly be great if they approve at least one or two if not all that will be be just so great for the market I think it was certainly smark a bull run but let's wait and see just want to make sure you guys have that on your radar and everybody keeps their eyes and ears open on Monday now good old Jamie diamond guys the CEO of JP Morgan you know this guy we've talked a bit about him before he's footing again guys talking he doesn't give a crap about Bitcoin er specifically he says I don't give a about Bitcoin saying negative things about it again as you may recall just going back to 2017 he's been on the record saying you know bitcoin is a scam people getting buying is our idiots and so forth and then he also backtracked on that a bit right in early 2018 now he's back at it again and I just want to let you guys know do not fall for this I tweeted about it this is not happening by coincidence especially giving the big news that we'd been hearing from fidelity TD Ameritrade of course the SEC gonna review a bitcoin ETF this is definitely strategically placed I want you guys to know that and we've been talking about the big money has been buying over-the-counter let me tell you JP Morgan's though those guys are buying over-the-counter especially when you see the big they're competitors the big players and Wall Street are also getting involved actually launching the services right as mentioned fidelity your ice ice powering a New York Stock Exchange will launch backed and then of course TD Ameritrade and there's a bunch of other guys in wall street some some big investors and advisors who said they're now gonna offer services so don't fall for it this is certainly by design so I just want to let you guys know about that because you may see this start circling around the web and it is not by coincidence or happenstance guys this this is strategically place now even other folks have been calling him out and I saw this tweet from mark yes go hope I pronounce his last name correctly but he's he heads up a a crypto investment fund or here for digital assets called Morgan Creek Capital Management and Morgan Creek digital assets so he's the founder and CEO and he tweeted the following as well unsurprisingly Jamie Dimon was back at it again this week pissing on Bitcoin always remember never to ask an incumbent what they think about disruptive technology so what I think we all know we all see Jamie Dimon for who he is in the strategy that's happening here so but those of you who are new to the market I just want to make sure I share this because it's important for you to understand how manipulating happens and how the big players move this is a strategy that they use you know they'll say one thing but in the back they're doing something different I hope you guys understand that they'll do that in the stock market too and this is how they fool the mass public now those who are well researched and understand these things we don't fall for it and I think that's like you and I in the crypto market but the mass you know public who don't take the time to research and just move by the news they would easily get caught in these traps so I hope you guys understand that and those over your nud this is why I'm sharing it so you have that understanding and know what to do and not move by emotions or what guys like Jamie Dimon says you got to look at actual and not what he's saying but what he's doing right you know and and what others are doing as well so that's why it's important to have that distinction to understand that the two parallels here now on to some other interesting news google CEO sundar pichai says his son is an etherium minor so crypto is surely slowly but surely spreading everywhere and if you recall CFTC chairman John Christopher Giancarlo remember when he was giving his testimony that his kids are more interested in crypto and investing crypto than in stocks he tried to get them to invest in stocks but they don't care about it they want to invest in crypto so this is a trend we're seeing you know that usually the younger audience demographic do understand the new technology and what's coming and they're more likely to have an open mind about it versus the older folks not to say there aren't older folks who who aren't big on new technology there certainly is but you know human nature for the most part people get stuck in their ways and don't want to accept change and it's interesting to see these these type of news come out so Google co-founder Sergey Brin and CEO sundar pichai have a lot more in common than just their jobs both tech billionaires have crypto savvy young sons who mine aetherium pachai said his eleven-year-old son mines a home computer that which I built himself according to Business Insider he made the amusing revelation at the New York Times deal book conference this week while ironically discussing tech addiction and the importance of limiting screen time he said last week I quote last week I was at dinner with my son and I was talking about something about Bitcoin and my son clarified what I was talking about was he theorem which is slightly different Pichai recounted he's 11 years old and told me he's mining so this is very interesting that this is happening but it's not surprising guys you know this is a new technology you know I remember the early days of the internet and having friends and everyone you know trying to build their own websites and do their own thing and having specific chat rooms for different things on like a merc chat and you know of course a wall chat rooms and all that so it's not surprising this is happening but it shows how crypto is slowly you know getting into our lives and and you know people's kids and it could be their brother and aunt uncle whatever it is people are now you focus on crypto learning about it and understanding what's happening so very interesting news here block chains LLC you guys saw my video from a couple days ago they are doing big things they bought millions of dollars of land in the Nevada desert and it's a big project they're building so they're looking to build a blockchain utopia or a community or a city where everything is blocked rain powered and it's going to be you know a theorem is gonna be a big part of that so this is huge guys that the it's a crypto millionaire that's putting millions on this and this was covered in the New York Times you guys saw my video from a couple days ago I showed it so this is getting exposure and you're gonna see more and more of this of the these type of news and I just want to share this with you because it's an update of a rendering of what that community could look like so it is it slowly materializing they said here our land in innovation Park will be a smart city with a decentralized public blockchain infrastructure underlining underlying all interaction hashtag blockchain sandbox block and hashtag theorem so it looks like smart contract techno technology here blockchain I mean theorem gonna be leveraged so very cool guys as you can see big things are ahead and if you recall in that article they talked about this land is positioned near Google's uh you know building their Tesla and Apple so you have some big tech companies there you know there's tax benefits the space and so forth but if the fact that you're around those is definitely important with integrations and getting those tech people right who work for these tech giants who are smart understand technology to easily be able to go to this community so smart move here and just shows you what is to come just think of how the internet grew you know over a 10 to 15 year span and just imagine blockchain and crypto in 10 to 15 years from now it will be very interesting and will have a lot of you know new innovations and integration into our society our daily lives and there's multiple projects you know that's why I hold multiple crypto is I believe there will be multiple winners obviously I'm most bullish on ripple XRP because of the use case right and the industry it's disrupting is multi trillion in dollar industry and it's gonna be used by banks so it's a very large use case and it's disrupting an industry that is primed for disruption because the existing company Swift is a dinosaur and or like I usually say a horse and buggy and ripples and XRP is like a modern-day car so aetherium will have its place I showed you guys you know news witty theorem being smart contract technology being used by I think it was a government Austria to do some sort of bidding but I don't remember the full details but I shared that news so there's gonna be multiple use cases it's gonna be multiple winners and I gotta always tell you guys you know just as you have Coke and Pepsi and dr.
pepper and whatever right and you also have your Google Bing Yahoo you have your mercedes-benz BMW there's gonna be competitors in the market but you know usually you have one major player who has a big market share and we'll see how this mark contract battle continues buddy theorem is part of my portfolio and I even recently told you guys those who has subscribed that I got a u theorem classic as a quick flip you know because it's price is low and and because of a theorem brand people would most likely go to that especially on coinbase right so just being fully transparent with you guys but you guys have seen my portfolio and majority of it is ripple XRP because i think there's so many use cases around XRP it's ridiculous no other crypto in the market compares and ice and get ready for when ripple launches koteas their own smart contract platform which has been it works for a long time but they put it on the back shelf or the back burner and now it's on the forefront of getting developed so let's see what happens speaking of ripple XRP shout out to Leonidas you as you know ripple has been partnering with banks globally we're talking Middle East Europe the Asian markets India and on all of that right all over the world well the first Bank Brazilian bank on ripple net is Becks Bank a known ripple partner 50 and they cover 50% of the total Brazilian online cross-border volume in 2017 and they highlighted here on their website first Brazilian bank on ripple Network so big things ahead and now we know by just for those who may not know ripple net is you know the rebranding of all three products X rapid X current X Viet with the integration using the multi hop feature so you may not see X rapid or X current anymore as often I should say rather ripple net which is a smart move by ripple because they're building a product suite integrated allows these banks to use whichever product in within ripple net easily increases the usage of X rapid as well so big move here that's a big market Brazil guys that's big in South America so ripple is setting there you know getting all their partnerships and setting up shop in all these major countries guys I can't wait for when you know all these financial institutions start rolling out an ex rapid and even those who are maybe just using excurrent when they start actually you know leveraging ex rapid here and they're maybe not all the time it will still all contribute to the volume and of course impact on the price so guys that's it short video didn't want to get too long here I'm kind of tired myself I'm just traveling but we've got some interesting news like I said don't fall for the Jamie Dimon BS his foot interesting to see Google CEO and one of the founders both their kids are mining crypto is specifically theorem block teens LLC you know just released the rendering here for what they're looking to create out in Nevada so this is gonna be big I think it's gonna be the first of its kind and expect maybe countries like Malta to start doing stuff like this as well it's coming trust me and then we have here Beck's I hope every downside correctly highlighting that they're the first Brazilian bank on the rope on network so guys what do you think about this news leave your thoughts and comments in the comment section below thumbs up if you like this video please subscribe if you haven't already don't forget to follow me in Facebook and Twitter and like ana friendly reminder again Monday hopefully we hear something when SEC keep that on your radar be sure to follow me on Facebook and Twitter so I can share those updates with you guys as soon as the news breaks and and you know help if you can you find this helpful and you want to share with your family and friends will be helpful to grow the channel here take a factual logical approach show you the facts no over speculations so thank you guys so much for your support and I'll talk to you all later
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