FINANCIAL INDUSTRIES ON BOARD INTO CRYPTO

The SEC of Coinbase came out and said he is ready to battle the SEC in court over multiple years. This is can not come at a better time as the SEC and Gary Gensler have been weakened by Congress. The SECs are bullies and the only way you can deal with bullies hit them in the mouth because if you don't do those things, they will keep coming at you. I have to commend Brain Armstrong for recognizing what has to be done and being so calm about it. Gary Gensler was pounded by Congress, he is giving questions, and he is making mistakes. Speaking of securities, the SEC allows Coinbase to get registered as a publicly traded company.

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There was a case too long ago where there was insider trading, there was 9 asset that the SEC listed as securities that were being sold by Coinbase. If you examine carefully to see when these tokens were listed, you will discover that the SEC listed 9 tokens that were listed they were publicly traded in 2021. The reason they listed those tokens was that they don't want to be called out. The thing about XRP is that it was listed on Coinbase on February 25th, 2019. If this is in 2019 and Coinbase when public in 2021, that means the SEC should have their due diligence and they don't do diligence and they allowed security to be listed and that is on Gary Gensler.

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On all those things that are going through, that is one knock and there is a many more to come. Even Jamie Dimon from JP Morgan hated Bitcoin and all of a sudden he when from its going to be a scam to JP Morgan saying that Veterans can make Bitcoin 1% of their portfolio. They are actively going to manage Bitcoin funds. We have Citibank come out which is the 11th largest bank in the world, and the 3rd largest bank in the US and they are Gaga for everything that has to do with crypto and gaming. A lot of financial industries out there are very much on board. It is not the banks, it is not these investment institutions and it is not the politicians. The big question here is, who is it? I think it is the current administration has been very negative about digital assets.