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Welcome back to another news I missed, or, I go over news, I missed cuz it’s always a lot of stuff happening in the cryptocurrency space, so I’ll bring it to you in these videos
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Without further Ado, let’s jump right into it
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Co-founder of aetherium and founder of the full stack
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Blockchain company known as consensus
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His name is Joseph, Lubin has given his take on the future of ferium who has stated that
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There are signs that a demand surged is likely to push the price of aetherium upwards
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After the London
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Hard Fork goes live on the main net
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Speaking in an interview with CNBC Lumen, explain the reason for his face is because of his project
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He pointed out that ethereal like other theory of upgrades geared towards transitioning to ethereum 20
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the London hard Fork, which is set to go live
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I think the 4th of August brings several improvements to the network among the improvements
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He considers the most significant want to be the fact that he’s area will become a deflationary with upgrade VIP 1559 noting, how this is a good thing for the network Lube in states that the issuance of new tokens on the network has before the time in inflationary logical
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But with the upgrade miners will no longer receive
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New currency for verifying and adding transactions to the blockchain
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Transaction fees will rather be burned by the network, thereby reducing the supply of Aether in the long
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Run, we are so close
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I cannot wait to this
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Finally happened to this has been spoken about discussed about for a very long time
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A lot of people that no one knows the future, no one knows what’s going to happen, but a lot of people are giving their aetherium price predictions as to where they think the price is going
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to go
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After the upgrade happens
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The craziest one
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I think I’ve seen was Thirty Something thousand, a friend of mine thinks that we are going to try and mimic 2017, bitcoin’s price
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Is everyone saying 10,000 but will probably hit 20,000
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I’m aiming, anywhere, between 8 to $10,000 personally myself
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I think that is a, a more than reasonable number that we can definitely hit a lot of news
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No news around Banks
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Like any Theory, I’m getting into a theory, I’m offering a theory of aetherium
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Futures aetherium, ETFs are also being proposed now as well
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So are we finally nearly two weeks left to reach the point where if you want the theory
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And the only way that you’re going to New York as the exit at the upgrades continue, that you’ll be able to get it is by holding either yourself and then we’ll see exactly what effect the
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deflation and coin burn
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Cuz I assume for the first 3 weeks is going to be everywhere
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Like exactly how many coins were born that day compared to how many were actually created and that will definitely have an effect on the price and yeah
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Let’s move on
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Look up in news that shouldn’t surprise anyone
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But this is also quite popular news
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Binance US
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The US the base version of Finance is looking to go public, despite the ongoing regulatory Crackdown on by nek, I think people for some reason
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Get this wrong, or don’t really understand what taking place
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Have you ever seen before when a bank does something terrible? I mean, look at 2008-2009, the entire system
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Collapses D usual thing that has to happen is that they have to pay a fine for what they did
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I’m not talking about crashing, the world economy and having to pay a fine
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But in finances case, they’re just missing paperwork and actually missing physical location
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That buy nuts does not have a place
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You can walk into this is basically, we’re Regulators want a lot of times people assume there wasn’t an article from about 2 days ago where this guy was like, staying stating how shocked he was that
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people were still using Finance despite all the regulatory backlash and it’s like, yeah, because they just had like it’s it’s not that binance is going to disappear or crumble and go away
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What’s going to end up happening is they’re going to have to open up a physical locations, and they’ll probably have to pay a fine to regulators
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That’s it like there’s no real
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It’s kind of the same exact thing with with ripple xrp and the SEC like Ripple is still a company that exists everywhere around the world except for the United States
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And I think only three countries right now have a problem with binance
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I just want to throw some logic your way because I keep seeing people saying all these things that, like, I mean, people are still using binance, like, by Knott’s isn’t closed
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They just have to like literally they are not close to they don’t have an actual physical location in anyway, chunfeng sell founder and CEO of the global exchange binance talked about its ongoing regulatory issues and
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future plans at the blockchain virtual Summit redefine
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Wow on the what? Cubs news
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Okay
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This is business article says he talked past tense about the ongoing regulatory issues at the event tomorrow on Friday
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That’s why I was confused
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The CEO Express confidence that by now Finance is set to face heavy regulations in the future noting that the company is in the mindset of shifting from a tech startup to a financial service spell reiterated
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that binance has been aggressively increasing its compliance efforts including hiring former Regulators
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The CEO admitted that the company’s efforts to cooperate with Regulators have not been the firm
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Strong suit pointing out the urgent
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Need to localize compliance Communications but despite seeing a meager success and communicating with global, a lot of regulators are also, these people are using flexing their muscles to try and make sure that they did
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They’d let other people know that they have power in certain jurisdiction
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And this is what makes me really upset because binance doesn’t have a physical location
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Like you can have a problem with them in Indonesia, who you going to call? Who you going to talk to you? You have to take time out of your day to figure out what this man,
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email, addresses to email his people
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You can’t simply barge in and walk into a places which is what Regulators have been doing around the world for the last like 4 years in a cryptocurrency space, that going hand, them a whole bunch
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of paperwork
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But who you had paperwork to when they don’t have a physical location, this is why they’re having a problem because they’re used to the world still being like the 1930s even though everyone has a smart
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phone number on the internet, you’re watching me right now from a wireless device
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I, I bet
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The world is in the future but Regulators are still very far in the past but despite seeing a meager success and communicate with Regulators that doesn’t preclude that possibility that bind us one day, go public
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as the exchange of seeking ways to go for an IPO
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He said binance us is looking at the IPO route
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Most Regulators are familiar with a certain pattern or having headquarters having corporate structure, but we are setting up those structures to make it easier for an IPO to happen
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So I don’t think that junk thinks I would have ever mentioned that bind us is looking to go public if he couldn’t understand what I’m saying, like these things are going to happen
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Every single thing in the cryptocurrency space is going to be publicly listed on the stock exchange at some point
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Just thought I’d throw that out there
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This was also quite popular news because I’m not sure why people in the crypto space to get
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So remember what was that other crypto exchange, that I think it was last year or the year before, when I like regulatory trouble people? Like, no, they just have to pay a fine
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Like if, if all these companies, not buying it, but like the banks in the institutions have done terrible things
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Over the last 10, 15, 20, 35 years actually had to leave and close down shop because they did something terrible, we would have no business on this planet right now
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Anyway, that’s the binance is clearly going to go public at some point who’s this woman? All right
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Let’s move on
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Let’s up Milan headquartered, Italian, luxury fashion house
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See & Gabbana is launching is debute non-fungible token that collection called plexy own agency, which is inspired by the city of Venice with the help of you and XD a polygon power
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Digital Marketplace, 3dmg events are tomorrow, the artist on 20th and Peoria area, I don’t speak Italian but actions taking place in Venice on the 28th of August 29th of August and the 30th of August
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They should just said the 20th and 30th for sale on the UN XD website on the 1st of September, as an Italian reported for Vogue business, on the 5th of April fashion
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Brands have been studying the wild Wacky World of what chain creative and business possibilities and are now poised to jump in
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There is no actual word on exactly what do changa
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Anna is going to be creating except for the fact that they’re making nfts, I don’t know if they’re making nft clothing or cologne
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So I guess the news is that fashion Prince, you know the really crazy part is that this is actually going to take off and I and I’ll tell you exactly why we remember last year before
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they like the whole 10 ft popularity, explosion thing ended up happening
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We had news that Nike was also thinking of creating their own nfts and the nfc’s were basically going to be digital representations of the shoes that you can buy inside the store if people lost their
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mind, people were trying to like sell these things out of the moment that they actually got announced
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It is at once again, this is before the actual height
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The window getting into a situation with these luxury brands are like releasing digital versions of their clothing
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Have you ever been to like a Nautica clothing Museum? What do you even call them? Like, I don’t know, like some type of a history museum near
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They do a lot of them in major cities were like to have an entire Wing, dedicated to like clothing from Kings and Queens, another royalty, and things that people wore at this time and what people
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look like in the 1800 and things like that
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If they end up doing this correctly, we’re at some point
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By the time, our kids are our age, going to have museums where people go to see like digital representations of the clothing, that Dolce & Gabbana launched in like the sixties and seventies and even more
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So even crazier is if you walk around the museum would like a headset or maybe not with a headset, may be to sit in the living room with a headset on, I’m thinking very far in
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the future and basically you can wear this clothing as well as I go to an event with a digital clothing
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That Dad would be crazy
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if it was like a game that was like, Ready, Player One, we’re basically, you could buy this luxury clothing digital versions of it, and when you’re inside of this digital world, you could use that clothing
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to go to event inside of
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All right, I think I just figure it out
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Anyway, that’s the Dolce & Gabbana news, none of you were expecting Dolce & Gabbana nfts
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I sure wasn’t
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But, alas, here we are
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And without further ado, let’s move on
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Mess up a group of Paraguay and lawmakers presented
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A Bitcoin bill in the National Congress last week
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But it turned out to be a very different proposal than what crypto followers had expected
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The bill seeks to control and regulate cryptocurrency, transactions, and establish taxes
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There was no mention of declaring Bitcoin or any other cryptocurrency as legal tender anywhere in the proposal
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People are shocked
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Better government one control
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I mean, I’ve never seen it happen before, but here we are, the long hyped Bitcoin
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Bill was that last presented in Paraguay, to the National Congress, by two lawmakers last week, but it was not with them
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Had anticipated the project presented by, Deputy Carlos and a holla and the liberal Senator Fernando Silva
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Fast Eddie’s fancy name, doesn’t aim to declare Bitcoin Illegal Tender as El Salvador did last month
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In fact, it’s Stacy opposite
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An early draft says, digital assets are not legal tender currencies used by the paraguayans date
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For this reason
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They are not backed by the Central Bank of Paraguay, that all make sense, it’s not legal tender, because they didn’t create it
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They want control over it, and this is why they’re making taxes
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Where’s the, where’s the problem? Did people expect every single government to completely fall
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Over themselves
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Know, if people still want control over their own money? Do you think the first of all? That’s why the El Salvador thing was so significant because this guy stepped out of his shell and was like,
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wait, maybe the money that we make isn’t the best one
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That’s why it significant
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So don’t expect every other like don’t forget it there
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Tons of politicians who don’t care about their people not saying that you allowing Bitcoin as legal tender caring about your people
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But if you know that there’s a better way we would have a perfect US dollar backed by actual gold If people really cared
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Like we’ve known since 1971 that the system was going to collapse
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Now we’re seeing the collapse has anyone cared for the last few years? No
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Anyway and said, the proposed law seeks to regulate crypto transactions, for the states, to collect taxes for trading, and other use cases, the law proposes, the Central Bank of Paraguay, as the Comptroller of all entities
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related to cryptocurrencies, bassetti would win consulted, about the direction of the proposed law stated
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This is not Illegal Tender
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This is a commodity, and the purpose of the law is to regulate and control the industry
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Their government
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What did you think they were going to do? This is a base project that we have today, fantastic
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So the news is The government trying to control stuff
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Anybody surprised, you know, BB really important part always is, that is not a band
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That is what we should be looking for a huge difference between a dumping at as legal tender, and also saying, hey, no one on this dirt pile
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Can use it
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So they’re regulating it same as every other country
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And that’s the news
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Yeah
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Let’s move on
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In this note should not I don’t understand why
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This is actually happening me
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Cryptocurrency Community is highly anticipating
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The release of a new documentary that is a lie
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Why would you write a line your article about the ethereum blockchain with the film’s funding campaign, exceeding expectations, a crowdfunding round for the aetherium themed documentary Called aetherium, the infinite Garden
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Has surpassed its goal of 750 ether
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Raising a total of 1000 what, what up? And then they raised $1,000 worth 19
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million dollars as a Friday and then they announced we didn’t y’all we we we raised all the money to make this movie
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The funding campaign started on Wednesday
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To support the production of a feature-length character-driven documentary film, exploring, the Innovative real-world applications of the etherium blockchain, the die-hard community of enthusiasts and developers and his creator
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Vitalik buterin, have you ever seen I think there were two of them, movies about a Mark Zuckerberg, a him and someone else
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And basically as they had these movies coming out about the middle at 5 to 7 or whatever years ago are, they had interviews and they were like I was hoping that no one would have ever
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made a documentary about me while I was alive
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Like, a movie about me
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I’m sure Metallica’s feeling the exact same way cuz I have a Feeling metallic won’t be starring in this, but they are
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They’re going to hire someone to play vitalik
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And how are those situations? Like, you always wonder
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Like, if there was a movie about my life, who would play me, because if they choose somebody ugly, you’re going to be like, do I do I look like that or with somebody like to attract
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If you like do that doesn’t look like me at all
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So the point is yeah, there’s any Theory movie documentary called the theory of the infinite Garden that name man
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It’s it’s it’s a lot will see what happens
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They raised 19
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million dollars
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It’s not, you know, Hollywood budget but I think they’ll be able to get it together
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I think this is releasing
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Oh boy
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Where is it? Winter 2023
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Cool boy
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So yeah I mean listen at that point I think you’re really interesting part
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Is that by that point we should have a 10:15 20-30 $5,000 you
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If it if he deflation has continued
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So it’s either going to be like a movie like wow
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Look at how far we’ve come or cardano
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Is going to be going number 2 and everyone’s going to be bad timing
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Anyway, that’s the awkward news
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Like, why would you? I don’t know the infinite Garden
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Okay
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Alright
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Alright
00:18:10
Alright
00:18:10
Alright, alright, alright
00:18:14
Makeup
00:18:16
The number of institutional, investors wealth managers foundation and so on that own, cryptoassets has grown dramatically and will continue to do
00:18:26
So in the future, this is according to a new survey from Fidelity
00:18:29
According to the survey 70% of institutional investors intend to buy or invest in digital Assets in the near future with 90% of them planning to do so by 2026
00:18:40
I hope I hope it takes them to
00:18:43
Can you imagine Knowing that Bitcoin is a thing knowing that cryptocurrency exist right now and has a potential to rise a lot higher in like a 621 year month
00:18:56
But you don’t plan on buying any little 2026 further contact
00:19:00
That’s 1 2 3 4 5 5 7, let’s say it’s 2016 and you sit, there you go
00:19:09
I think we’ll buy Bitcoin in 2021
00:19:12
See how weird that sounds, cuz remember how cheap Bitcoin and everything else was in 2016
00:19:17
When I read that earlier I I kind of smiled because these are the people who bring us to a million-dollar Bitcoin cuz they end up fighting each other over, you know, fractions of Bitcoin, at that
00:19:26
point because this will be another having and its 2026
00:19:32
Well, the crypto industry turns out optimistic surveys on a regular basis
00:19:36
The felony findings are worth noting that given the company’s size and influence in the broader Financial Market
00:19:42
The findings are also a bit of a Bryant news for the industry at a time when markets have been mired by month-long the lumps
00:19:50
It’s not that bad prices are okay
00:19:52
So I should be here for the long term
00:19:53
It says you can be with $3,000 last year
00:19:55
Anyway, this is Can chase it was bny Mellon, Morgan Stanley
00:20:03
Is somebody else or recently announced the largest bank in Switzerland
00:20:15
ABC 123
00:20:16
What are they called? It sounds like ABC
00:20:19
8 and whatever
00:20:21
They recently announced as well that huge amounts of institutional investors very rich
00:20:28
And wealthy clients are either into crypto or looking to get into crypto because they have a huge amount of fomo, which is logical because the cryptocurrency space continues Growing With or Without You, that’s why
00:20:39
When the Paraguay log came out like a couple of days ago, I was like, oh no, we didn’t have them in the market before we were doing just fine
00:20:47
So you know, them regulating it and getting taxes for it isn’t going to make us feel bad that the more rich people plan on getting in, please, please 2026 would be absolutely wonderful because I, I
00:21:03
can’t wait for the news and wait for the news on all these different letter channels and talking about that
00:21:10
This company is just getting into the space and they spent like four point five million dollars and they got like 12
00:21:17
Bitcoin
00:21:18
Cannot wait
00:21:19
for it, really excited for it anyway, that fidelity Let’s move on
00:21:27
Jacob bitstamp a Bitcoin exchange based in Luxembourg has announced the launch of Heather’s first Euro back, stablecoin known as Earth
00:21:37
That is e u r t
00:21:39
Heather issue stablecoins already hold a dominant position in the European crypto sphere and with the rising demand for stablecoins yurt could be the answer to exceptional profit margins for bitstamp
00:21:50
The press release has stated that the launch is what day did the 22nd of July Thursday and it states that what that the coin will be available for trading on both on the website bitstamp and
00:22:02
bitstamp at cool with that mention that your is custom made for users in the European territory because it’s in, is it it’s Euro at the shade, highlighted at the low-risk relative stablecoin, they’re mostly traded against
00:22:17
the US Dollar on a one-to-one basis
00:22:18
They were the last yurt will be compatible with you
00:22:21
Do users, my mom and them to trade in their domestic currency
00:22:24
So Heather has a tether coin
00:22:31
Tether me to tether tether made a Euros base stablecoin
00:22:35
It was like, coin Inception or something
00:22:38
What is, is it back to buy tether? Like I mean, like not tether the company like at the back of my tether like the actual cryptocurrency
00:22:47
Alright, so tell her maid yogurt and I’m sure a lot of people going to be using it and that was also popular news because Heather’s been in the news a lot lately
00:22:56
We have a lot of running around for a stablecoins
00:22:59
Lot of people like them
00:23:00
A lot people are using them and they’re usually seen it
00:23:04
I think it’s like a like the indicated when the market appears to be going higher or we’ll go higher because more of them are being created because of them
00:23:15
And so cool
00:23:18
Can’t wait to not use this, but other people use it
00:23:20
So, Good luck to them
00:23:24
I need to finish things off the shiba inu, subreddit community of Rasheeda Army has hit a new milestone
00:23:33
In terms of subscribers a bike stealing 200000, people’s the remarkable growth of the army was identified by the team at Cheba token through the following tweet
00:23:43
They said congratulations receiver for your 200,000 friend that quick glance at the subreddit stats revealed that there were Shiba Army
00:23:51
I know it’s not receiver has now 200,000 members, additionally subscriber to the subreddit Community have been at a rapid Pace since mid-april and highlighted in the chart below courtesy of the website Cool
00:24:05
Wonderful fantastic
00:24:06
In the news has more than Dogecoin is or was Whenever you too much about Dogecoin anymore, the last news we had about Dogecoin was coinbase Commerce, you can now buy stuff in Dogecoin, but she, but
00:24:24
you knows is just as popular as it’s constantly
00:24:26
Getting tons of people
00:24:27
I assume we’ll have news by Christmas that this number is now half a million people
00:24:32
Yeah
00:24:34
Has anyone else or is it just me? Like this is not a joke
00:24:41
About 3 to 2 months ago
00:24:46
When she but you know what? I just become like a really popular topic coin
00:24:51
I keep seeing like every fifth person walking around with a dog now has a Shiba Inu, so I’m just kind of really inquisitive as if everyone else has seen them outside as well
00:25:01
Or am I just the only one cuz you know, it’s kind of weird that that I’m seeing them everywhere
00:25:09
Anyway, yeah
00:25:14
Alrighty, I do hope that you and that is what the somebody just sent 12
00:25:19
million dollars worth of bitcoin
00:25:21
Hold thirties
00:25:22
Holy freaking guacamole
00:25:25
Wow
00:25:27
All right, big spender I do hope you all enjoyed that was not expecting that
00:25:33
Hope you all are having a great day a great morning or good afternoon or good evening wherever you are, wherever you might be
00:25:39
I do hope it is absolutely fantastic
00:25:42
Thank you all
00:25:43
I’m looking on the side now, waiting to see like it’s going to be any other big transactions
00:25:47
It’s really weird because sometimes you see some of the transactions happening at you, do you know kind of 132000 is also would like a huge amount of money to be sending
00:25:56
I wish that the transaction fee next to it, but I’m pretty sure it’s like, $12 or whatever, because I could be the right now from million dollars
00:26:06
Do hope you all enjoy, do hope you all are having a great day, great morning, good afternoon, a great evening, wherever you are, wherever you might be
00:26:12
I do hope that it is
00:26:13
Absolutely fantastic
00:26:13
Thank you all
00:26:15
Once again for watching and listening and if you see my eyes and I will most certainly be talking to you all soon
