Name: Trump Announces U.S. Crypto Reserve: How Will Bitcoin, XRP or Ethereum be Used?
Uploaded: 2025-03-10T15:16:09.000Z
Duration: 12 min 37 s
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Adverbs of degree

Something very strange happened with a post that the president made about cryptocurrency.

That's like what if if this happens What else are you going to say?

Exponentially explosive because when we go to the past and we're like, well remember when we were skeptics about Bitcoin, it's ridiculous Basically virtual currency the same that you get for blasting aliens in a video game Well, you know how Finney and all this stuff cryptocurrency and then you're like Julian Assange in 2011 2012 accepts donations in Bitcoin What why would he accept Bitcoin?

Yeah, those are the Facebook guys, right?

Yeah, Richard Branson likes Bitcoin Richard Branson Elon Musk in 2014 first time He tweeted about it then in 2020 2021.

He bought a billion and a half dollars of Bitcoin with Tesla Bill Gates initially said good things now.

Then you think about institutions when they came in 2020 micro strategy buys two hundred and fifty million dollars of Bitcoin.

Then Morgan Stanley then others started getting involved then Blackrock starts a Bitcoin ETF 150,000 bitcoins if I dude if all of these guys are now looking at this Maybe I ought to consider a little bit of my portfolio being tied to cryptocurrency And then the president puts this on truth social you ready President Trump on Sunday Announces that he wants to establish a crypto strategic reserve for the US government kind of like Fort Knox with gold We're talking crypto that will include things like Bitcoin Ethereum XRP ripple Solano and Cardano Whoa, the government wants to have a strategic reserve of cryptocurrency.

Confirmation at the highest level that you ought to maybe consider getting into it.

Maybe we're gonna talk about that today If You value out of this video give it a thumbs up and subscribe to the channel, let's get right into it So two weeks ago on February 16th, I ran a poll and a poll says which crypto has the best long-term technology I don't know what it was gonna come come up.

Um, my audience is not a crypto community It's very neutral.

I put ripple Bitcoin Ethereum other explain why at the lowest was aetherium 9% other was 12% Bitcoin whom I thought was gonna be 70% was 35% and ripple came up at 44% this is a hundred and seventy nine thousand people voting So it's not 200 or 800 or 10,000 It's nearly 200,000 people voting then Gary Cardone retweets it and says when people run a poll like this And they don't know what they're talking about.

Then I challenge him Why don't you run the same exact poll I run and let's see what it does on your audience.

I'm a business guy He runs it the results when he runs it is the following He said you are 50 years old or 10 million dollars and going into suspended hibernation for eight years escaping complete world chaos You are required to make a hundred percent investment in one of the following and have one hour to make a decision XRP Solano US dollar Bitcoin XRP 67% Bitcoin 30% 23,000 people voted.

Why I don't know when you look at what Bitcoin is versus XRP You'll see one is centralized one is decentralized Bitcoin being decentralized the other one being centralized Centralized maybe faster maybe public like the Federal Reserve people know about it decentralized There is little regulation on it.

There is not much control over it So there's a two benefits for both if somebody is a person that believes in diversification There's an element for both that's needed now for actual usage of the technology when you pull it up and you compare the two Against each other.

Here's what you'd come up when it comes on to transaction speed.

You notice Bitcoin 10 minutes XRP 3 to 5 seconds transaction cost high during congestion XRP very low Decentralized and we talked about the use case store value Person-to-person XRP cross-border systems supply 21 million XRP 100 billion energy uses high XRP low Adoption broad mainstream XRP niche institutional.

So if you look at this, of course, like well that XRP is better That's what I'm gonna be doing you pull up another chart.

This other chart talks about Transactions per second the average block time Bitcoin 10 minutes litecoin two and a half minutes aetherium 15 seconds Aetherium 2.0 12 seconds ripple 3 to 5 seconds Solano 0.4 seconds and you can go down and look at all these other guys So the argument that's being made about what this one what about that one?

What about this one then you look at numbers of the price of Bitcoin?

versus price of Ripple when you look at the price of Bitcoin of where it is today and where ripple is that this is what you'll notice today Ripple is give or take 244 Bitcoin today give or take $86,000.

Okay, if you go back four years ago ripples high was a buck 65 Bitcoin four years ago was $64,000 if you go to 2017 to 2018 ripple high was 384 Bitcoin was 17,800 to let's just say 86 to $100,000.

It's 6x Let's say 5x while ripple has actually gone down now, of course, there's a pending lawsuit Is that gonna get clear, you know security?

He's mentioned an XRP and what's kind of weird in his whole truth social post You know, it's the first cryptocurrency puts in there.

Um, it's not Cardano The first one he puts in there is XRP ripple Why you saw the CEO of ripple breath coming out there kind of talking and people are saying hey, we ought to look at this What if the case gets dropped?

Gary Gensler was not a big fan of ripple There's all these videos that we've seen behind closers on what's going on.

Here's all I'm saying just so you know You're watching this.

I own way more Bitcoin than I do ripple I own very little ripple this doesn't I don't want this thing to be an endorsement of ripple for whatever I own of Bitcoin I own a tent of it in ripple just to make things Ethereum I own three times aetherium than I do of ripple.

I'm just looking at it on what direction is gonna go Very good What does that really mean when you look at ripple in the first place technology company founded in 2012 focused on revolutionizing global payments through blockchain based solutions It develops financial infrastructure that enables fast low-cost and efficient cross-border transactions The owner is SPI holdings and and recent Horowitz well-known company.

We know and recent Horowitz They want a lot of different things remember earlier.

I told you all these big financial institutions have invested into Bitcoin We talked about Morgan Stanley all these other guys when it comes on to ripple Do you know 300 financial institutions already use?

Ripple net as of 2024 one of them being Bank of America Bank of America uses them American Express uses the technology that ripple net has so it's not like others aren't starting to gradually behind closed doors Say maybe we need this technology because when it comes on to CBDC ripple partners with government to build blockchain Infrastructure for CBDC everybody's trying to find out.

Hey, man, we got to build something here Whose technology do we use the government decides to team up with?

Ripple ripples 2024 partnership with central banks and it's stable coin launch signal this direction So they're already making that progress What is the next big event that happens is the settlement is the issues?

They're having with SEC if those things get dropped and it's done You may see a big growth and a spike with ripple.

And by the way, if you're a crypto person yourself You're probably furious saying why are you not mentioning Solano?

Do you not realize they're blazing speed and the fees and what they got and the market cap 80 billion dollars Solano is better than XRP here's what I've learned guys There is like 50 religions in cryptocurrency and everybody talks about their coin is the best one But you know what happened?

I'm free take everybody that tell us what their coin is the best one and then we ask them to actually Open the wallet to see what coin they have the coin that they own the most of that's the best coin in the world My interest is I hear you you sound convincing.

I hear you you sound convincing I hear you sound convincing for a person that is not in the business of sitting there spending 200 hours to look at everything here Diversification is for someone that says let me see which one's gonna go I'm gonna try a little bit here a little bit here a little bit there For someone that doesn't want to specialize in this it is something you have to pay attention to here's why Let's just say XRP decides to all of a sudden they replace Swift.

Let's say that happens if XRP replaces Swift and Fed Now, you know what happens?

Let me give you some numbers here XRP is ledger processes transactions in three to five seconds at nearly no cost making it Significantly faster and cheaper than Swift.

So Swift processes five trillion dollars daily or one point two five Quadrillion annually if you didn't know what that was quadrillion annually Swift if XRP captures five to ten percent of all Let's just say ten percent of volume 125 trillion dollars annually the demand for XRP go by the way could be any of these other technologies We're talking about analysts estimate that a ten trillion dollar market cap Could push XRP price to $100 per token with full replacement potentially driving it up to $1,000 now who those analysts are I'm willing to bet those analysts own Ripple and that's why they're writing this Hey analyst just because I say analyst says it doesn't mean they're 100% right It is a way of looking at what could happen with this if this were to happen It's a big deal.

Now the roadblock that they have are a couple things One is the SEC lawsuit that has slowed adoption, but a resolution could boost Institutional confidence regulatory approval, especially in the US is critical for widespread adoption.

Let me unpack the legal trouble Let's just go back four or five years So you kind of know what's going on here December 22nd 2020 the SEC filed a lawsuit against ripple labs and its executive Brad Garlinghouse alleging that the sale of XRP constitute an unregistered securities offering worth over 1.3 billion Dollars then in April of 2021 judge Sarah net burn granted a motion Limiting the SEC's access to the personal financial records of Garlinghouse and Larson marking a procedural win for ripple Then two years later July 13 2023 judge Annalisa Torres issued a mixed ruling XRP was not deemed a security when sold on public exchanges, but institutional sales violated Securities law ripple was fined a hundred and twenty five million dollars Significantly less than the original two billion dollars.

Then we go to October 2024 SEC filed an appeal against judge Torres ruling Seeking clarity on XRP's clarification ripples leadership criticized the appeal and XRP's value experienced volatility dropping to a 11% following the news November 2024 report surfaced that Gary Gensler planned departure on January 2025 Hello, that was big moment for them because Gary was a guy that was not happy about it He kind of had some favors with a couple friends yet different places Legal experts including attorney Jeremy Hogan speculated that this could lead to a resolution of a ripple case by spring or early summer of 2025 December 2nd XRP's market performance showed significant growth with a hundred twenty three percent growth increased since SEC's initial Lawsuit showing signs of optimism.

So who knows what's gonna be happening when the president?

His name is Donald Trump and he put something on truth social and the first one he puts up is XRP Then the retweet he says let me also give some love to bit Bitcoin and aetherium That means some of the people behind closed doors that are in his ear like a guy like Elon Musk and some of the other People maybe something's about to happen.

That's all I'm saying to you next three six twelve months I'd be paying attention to what's going on here Who knows and remember if you're somebody that doesn't do their own research if you're somebody that doesn't go out there and put hours into Seeing what's going on here.

The best way to go is diversification That's for those that don't want to go out there and do the research and they don't want to just sit there like I'm gonna bank On this you have no idea what's gonna be happening Having said that if you got value out of this video Give a thumbs up and subscribe to the channel And if you enjoyed this video, you've never seen the video the dark side of CBDC click here to watch it Take care everybody.