Transcription
I'm not feeling good about the crypto market structure at all, and really, the future about crypto. And I try to be positive. I try to look for the silver lining. I try not to be a negative or pessimistic person. But it's really, really hard for me to have a positive outlook on the future of crypto when the banks are winning, when traditional finance is winning, when all the people that are supposed to be advocating for retail or just anyone in crypto in general, people that got rich off of us, don't have our best interest. And even the small working groups, they don't have our best interest. And what's going to end up happening is we are going to get some sort of really terrible deal when it comes to yield on stable coins. So your ability to earn any type of interest with your fiat currency in the future, once it's all digital, that's not going to be there. That's going to be gone. Which, by the way, when the banks fail again, because they're going to fail again, we're going to be the ones bailing them out with our own money. But I just don't see a positive future for crypto and tradi.
Shout out to uh Crypto Wendy. Um, so Wendy is, she isn't leaning one way or the other way. She actually just gives crypto news. So, you know, she's pretty much in the middle, and she does a great job um at doing so and breaking these things down. But this is one thing that I have been trying to tell you all for weeks is that the retail person is going to lose. You have to be careful for what you wish for. Everybody wanted this regulation because they thought that this was going to boost coins and, you know, make them millionaires overnight with their $500, right? But that's not the case. Just like how these crypto companies use the crypto market for liquidity and to take that liquidity and to take it out into the real world and build something without adding value back to the investors in the market. These banks are looking at it as the same, the same way. Okay? They know that they can draw a lot of money out of the cryptocurrency market by turning you into exit liquidity. Okay? They do that several ways. Um, with the stable coin bill, uh, well, with with the stable coin, they will be able to make interest on top of interest on top of interest. That's number one. Um, number two, it's the same thing, or it's pretty similar for them, actually, you know, uh, creating these ETFs and and and other products around cryptos. It's not made for the retail investor. Okay? And the average person does not understand that.
Now, one of the reasons why I like Wendy is because she doesn't sit in an echo chamber. She doesn't sit in an echo chamber and talk about all of this great news about your favorite crypto. And you know, hearing that won't make you any money. And I talked about this with Zebec Network. And I showed my Zbec Network video where people were really upset in the comments. Hey, this is the right way to do it. You, you, you, you pull the liquidity out the same way these banks and the same way these crypto crypto companies do, and then you just flip it over, okay, into the market and make way more money. You'll do it a lot faster than you know how your regular job is, right? Or the the the income from your regular job. You know, these crypto influencers, they feed you information because they know that you're a part of that cult following, like how you see with XRP, like how you see with Zack Network, and they give you all this good news. And as you can see, the majority of these cryptos have been falling. You know, XRP went down. You know, it's just they, it, it, you would think that the news that they're giving you would pump it up. But here's the thing that people don't understand. What goes on with Ripple is different from what goes on with XRP. Ripple is an external company. They're using XRP and some of these other crypto coins to pull liquidity out and then come build something over here. But what they build over here does not add value back this way. Okay? Okay. So, that's what a lot of people don't understand, and the majority will never understand this. And you can take advantage of them not understanding by doing pretty much the same thing that they're doing. Remove liquidity from the from the market and use it to buy other assets. Plain and simple. And the banks are looking to do the exact same thing. Okay? Because the average person is going to, is going to put their money in to buy these coins thinking that it's going to make them millions of dollars. There, there will be some, right? Especially if you have a large income shovel. But what happens is they're just going to take your money on the other side and then pretty much pull that money out of thin air of the internet and then build something in the real world. Okay? And none of these people on the internet are going to tell you that. Um, they themselves do it, but they're not going to tell you that because it doesn't get a lot of views. Okay? That, that, that's how influencers make their money from mostly views and sponsorships. Okay? So them telling you what to do takes away from the amount of money that they're going to make on views.
So, all in all, you know, she's right. It's not going to be there. There's nothing you can do about it. You can only adapt. There's nothing you can say in the comment section. There's nothing you can do in putting out a video that's going to change how any of this stuff will will be going moving forward. The banks and Congress are the two that will be making the decision. Just those two. Okay? And with that being said, there's no point in fretting over something that we have no control over or that we can't change. We can only do um, take control over the decisions that we make. And that is by creating a self-sustaining business, like I said, and do the same thing that these institutions, these banks, and these crypto companies are doing, and that's pulling liquidity out of the market. So, if you're at all interested, feel free to check out the link in the description, head over to the Black Line Society. This is the way moving forward. The average person is not going to make the type of money that they think they're going to make in the cryptocurrency market. Thanks for watching.