Welcome to BitBoy Crypto!
It's me, your host, BitBoy.
I'm out here on the street asking random people about what they think about Bitcoin.
Do you--
Ma'am, do you believe Bitcoin will be banned forever?
No.
Why not?
Treasury Secretary Janet Yellen said no.
We have breaking news.
Wow, breaking news, this random lady on the street believes
that Janet Yellen-- what a joke, right?
Hold on. Let me look this up.
Oh, my God, it's true!
Yeah, guys, Janet Yellen came out recently and said that
Bitcoin and cryptocurrencies were definitely not going to be banned
in the United States of America.
Now, I just want to touch on something that I just--
I just tweeted on Twitter.
twitter.com
It's my favorite place to tweet.
Ma'am, where do you like to tweet?
On Twitter.
On Twitter. She likes to tweet on Twitter too.
So the point is, is that I tweeted this on Twitter.
It is very, very, very, extremely low IQ, low IQ,
to believe that the United States is going to allow Bitcoin and cryptocurrency
to be overtaken by other countries.
It's just not going to happen, guys.
Like, think about this.
It's literally a finance niche.
It's literally a niche in finance.
And you think the United States of America is going to regulate it to death
so we can't take money on it?
Guys, the banks are powerful, but the banks see what's coming.
They're not dummies.
The banks are going to try to get involved with crypto.
Yes. Is there a chance they make it easier for accredited investors to get into Bitcoin
and not easy for retail investors?
Possibly.
But there's a lot of money in retail as well.
Sorry, they're having a party over here.
It's the Jewish youth of America, actually.
That's true story here in New York Times.
But the point is, is that they're not going to allow us to get left behind
and you need to understand that.
And in my opinion,
I think the idea of regulation being bad for crypto is just so off from the truth.
I've told you guys before my opinion is we're going to get bad stablecoin,
bad stablecoin regulation.
We're going to get good crypto regulation, guys.
They see what's coming.
Banks are on their way out.
The United States should be smart enough to know that what is going to happen
is that exchanges in crypto are going to be a big moneymaker from the retail perspective as well.
Guys, we just had two bonds over last week,
one in Hong Kong and one from Siemens,
digital bonds that didn't need a bank to create bonds.
There is nothing from a bank or finance perspective backing them.
This is big news.
Now, does this have something to do with why Janet Yellen said this?
Potentially. But let me give you guys another--
let me give you guys another scenario here.
Which is,
could it be that Janet Yellen knows that banks--
excuse me,
Janet Yellen knows that Gary Gensler is coming after her job?
Gary Gensler wants to be the Treasury secretary.
So, because of that,
is this Janet Yellen firing a shot at Gary Gensler and the SEC?
I think that is definitely a potential.
Something that could be in fact happening.
So I think--
is that our Uber?
Is that our Uber?
That's our Uber.
Is that our Uber?
I may be getting into an Uber, guys.
I may not be.
I will have to check that.
But could this be a shot at Janet Yellen--
or at Gary Gensler?
I believe the answer--
this lady keeps following me. It's so weird.
It's so weird. Look at her.
Watch her. She'll look over at me here in a second.
Told you. Told you she would do it.
So the point is, is that there's a lot going on with this.
Regulation is going to end up being crypto-friendly.
I'm not concerned about it.
You shouldn't be either.
I'm heading to Washington next week.
I'm going to be talking to some very big players in crypto regulation.
Really excited to make that happen.
And together we are going to do this.
I got a lot of updates on Celsius stuff.
Probably talking about that on Monday.
Simon Dixon is going to be on the show on Monday.
So looking forward to that.
And we'll see if I can upload this video.
My video last night took 14 hours on the hotel WiFi to upload, so.
It was supposed to be out last night.
But that is all I got.
Be blessed.
From New York City, BitBoy out.