|NEWS| Pay Attention

|NEWS| Pay Attention

new intro so much love and appreciation to those of you who have been with me for the two-year period plus that i’ve been doing this um thank you for showing your uh love and support to the channel and to anybody else who is brand new to the platform and you would like to support the channel also you can do it by way of patreon anchor the clothing store and also the shoe shop that is listed in the comment description below and again thank you to any and all of you guys who have been here to support this channel during the two plus year period i wouldn’t be able to do what i do every single day without you bitcoin and cryptocurrencies have roared back over the last months after china and elon musk induced a sell-off the bitcoin price last night broke above 50k per coin for the first time since may meanwhile double-digit gains among other major cryptocurrencies including ethereum binances bnb cardano and ripples xrp helped to combine crypto market value well over 2.1 trillion up from the 1.1 trillion in july ahead of the latest bitcoin and cryptocurrency price surge a poll of mostly banking executives found most thinking that bitcoin and digital assets could replace fiat currencies like the us dollar within the next five to ten years a shift described as seismic quote we uncovered several findings that illustrated seismic shift in financial services resulting from the evolution of blockchain based digital assets in that same report they also added that they found 76 percent of finance professionals think that bitcoin and crypto could serve as an alternate to or replace four fiat currencies in five to ten years a strong majority 81 percent of almost 1 300 executives questioned the blockchain the technology that underpins bitcoin and cryptocurrencies is broadly scalable and has already achieved mainstream adoption meanwhile 73 think that their company should adopt crypto and blockchain or risk losing competitive advantage quote the foundation of banking has been fundamentally outlived and financial service industry players must redefine themselves and find innovative ways to create economic growth in the future this year wall street banks from goldman sachs to jp morgan have begun rolling out bitcoin and crypto services to their clients as central banks around the world experiment with blockchain based central banking digital currencies or cbdc’s china has already started real world trials of the digital yuan while countries across europe and north america make early salvos into cbdc’s a keenly anticipated federal report of cbdc’s is due out in september and could shed light on what the future of the digital dollar might look like elsewhere social media giants like facebook and twitter have begun looking into bitcoin and crypto with facebook attempting to build its own blockchain based cryptocurrency damn and twitter chief executive jack dorsey focused on bitcoin development quote the future is happening right now participation in the age of digital assets is not an option it is inevitable all right so like i you know hearing air talked about on the platform just to you know peak people’s interest here you now have banking executives telling you that hey this is what’s going to happen in five to ten years and letting the other ones out there know like hey you better sit up there and start catching on this wave you better start learning you better start changing up you better start shaping up because if you don’t you’re going to be left behind they’re literally trying to let the banking industry know that if you don’t decide to adopt and or uh dive into cryptocurrency that you are going to lose out on money that everything that you hold dear at this moment in time that the same way that you’ve been living life is not going to be the same way that you’re going to be able to continue 5 to 10 years from now because people are going to forget you you’re going to be going the way of hollywood video you’re going to be going the way of blockbuster you’re going to be going the way of toys r us if you decide that you still want to continue your uh banking business the exact same way that you’ve been doing for like the last 100 whatever years so you know like i said this is all i’m saying to black people do your research research research research research research research research and then even do some more research if you are interested in cryptocurrency and you want to start to dive into cryptocurrency there are a ton of videos directly online that will teach you about the blockchain there are a ton of videos online that will teach you about uh a variety of cryptocurrencies they’ll teach you about the white papers they’ll let you know the white papers state they’ll even direct you to the websites of those cryptocurrencies and even if you don’t even want to go that route you can go to uh websites that list the top you know 100 cryptocurrencies and you can just look at the numbers and then from there those websites can actually link you to the official cryptocurrency websites or the twitters or maybe even a youtube or whatever other platform that they have where they have people literally explaining to you what their cryptocurrency is about what it is for uh what it is there to implement what is beneficial directly for it like basically telling you uh if it is a utility or not right if it has a purpose or not and then on top of that you have other ways of investing into uh cryptocurrencies as well you got nodes and masternodes you have um such ways as building a uh crypto mining farm which is out of computer hardware which you can host that directly in your house for a lot of people who feel that oh you know this is just x y and z i’m like okay fine so build yourself a crypto mining rig so that that is something that you can physically see that’s an experiment or like i said listed as an experiment just sit up there and buy the parts put it together bring your have your kids involved and that’ll also pique their interest in computers maybe even in programming and in coding like i said before it’s more than just for me right it’s more than just money when it comes to the uh black community these are certain types of skills this is certain types of ingenuity it’s certain types of learning and teachings that will carry them into a brand new future something that the older generation knows nothing about like i said when you when you try to explain stuff to you know certain people a lot of people are stuck in their ways no problem not even trying to change that keep doing what you’re doing believe what you want to believe no problem but for a lot of the other people out here where you’re looking for a brand new understanding of where the world is going when you want to learn stuff about computers and have skills when you want to deal with coding when you want to deal with the blockchain when you want to deal with building a website and the understanding of a a new way of money this is exactly what it is because i’ve stated to people before that it’s going to come a point in time in the future where the kids are going to have um their debit cards they’re going to have cryptocurrency cards so instead of them just going to let’s say the lunchroom or whatever it is and then having to go to the vending machine and pay like dollars or have quarters or have a normal debit card they’ll have ethereum bitcoin litecoin and wherever else that’s basically acceptable and they’ll be able to just flash their car real quick put in you know whatever they want to you know buy and there you go like i said it’s going to be vastly different it’s going to be vastly different and you know to again to a lot of the people who are you know naysayers and that want to say a variety of things i will again remind you of this if you have a bank account your money has already been digital your money has always been digital this is no different literally this is no different the only difference is that the cryptocurrency has a utility the fiat which we all use the dollar and all that and god we trust right that’s on the back of that dollar right all of that it doesn’t it it has a use for a certain time but that time is pretty much passing and the bankers are letting you know that this is pretty much where money is headed this is why you see a lot of the banks now who were against cryptocurrency right they were against cryptocurrency back in uh uh what 2016 2017 2018 where they were trying to get with the government no y’all got to start saying all this other stuff y’all got to start scaring people from cryptocurrency don’t let them get into it right they were scaring people away so that they can dive into it first so that they can experiment with it first so that they can um have a better understanding of it right and people didn’t understand that people didn’t understand the game that was being played so now once they have an understanding now once they understand the utility now once they understand how to basically wash their money right now they’re like yeah yeah everybody else yeah start getting into this cryptocurrency you see how that works they’re saying it now because they have an understanding and they basically know how to use it and on top of that they’re doing their own thing with it so they scared off all of the normal people earlier on because they understood that if everyday people started getting into this they wouldn’t no longer start using banks they would start putting their money in other places because they’re getting a better return off of their money that’s the other key thing that people don’t understand when you put your money into your account you don’t really get a a huge return off of that dollar that hundred that one thousand and whatnot and whatnot right but if you invest do your research and you invest into crypto currencies like i said there’s a variety of ways you can stake your money you can build a uh crypto mining rig you can have a cloud mining rig um you can have uh nodes and uh masternodes you can also do uh cryptocurrency uh swing trading or day trading right you can also swap currencies for more valuable current like there’s literally more ways to gain interest on your money using cryptocurrency versus using fiat the most that they give you is what stocks where you know you can just go in there and potentially get something over time now other people might list other things but what i’m saying is cryptocurrency does not have a huge difficulty curve a lot of the other things that people might just so happen to mention you’re going to have a curve to even stocks basically have a huge curve because you can’t just put like 10 in there and just see that just like go somewhere just see like 10 dollars go to like 100 real quick just off of like some random stuff you’re not gonna see it and if you do it’s going to be a rare occurrence like what happened with uh what amc uh gamestop and several other um stocks earlier this year but even when that took place you saw the games that they were playing right the the the heads up you know in the in the stock markets and in the banks they started playing and they started cutting off the small people from being able to invest and to buy into these things and to profit because they didn’t want to pay people money they didn’t want to give people what they deserve so they started playing with the market if that doesn’t basically show you how things um move in the real world i don’t know what does so like i said i would rather people try something new and win versus still doing the exact same thing and still losing or better yet like i said i believe in people having their money in a multitude of places you can both have stocks if you feel safe in that you can also have a little bit of something in cryptocurrencies so anyways like i said before let me know what you guys think about um this video and everything i listed in the comment description below and as always peace love and stay tuned for the next video you
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|NEWS| Pay Attention

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