something like crypto specifically Bitcoin and ethereum where there's a finite amount of that
that will have value at some point someday I don't know when that will be but it will have
value that scarce and the value at a much higher number than where we are today oh I
think so yeah like if you think about every decade the 70s were the decade of inflation
the 80s was a decade of kind of Boom bust huge swings in dollar volatility the 90s
was equitization the.com bubble the odds was the mortgage bubble and the great financial crisis
the teens or the peak of globalization and probably the peak of uh Central back
experimentation with monetary policy right uh the 20s I'm afraid are going to be that period where
we really focus on debt Dynamics country by country fiscal deficits and the need to run
certainly fiscal policy in a way that gives people confidence in the long run value of the currency
in a time when there's too much money which is why we have inflation and too much fiscal Spirit
spending something like crypto specifically Bitcoin and ethereum where there's a finite
amount of that that will have value at some point someday I don't know when that will be but it
will have value that's scarce the value at a much higher number than where we are today oh I think
so yeah like legendary investor Paul Tudor Jones has reaffirmed his belief in cryptocurrency saying
that scarce digital assets will have value in the future Bitcoin and ethereum will go much higher
post recession Paul Tudor Jones has said that Bitcoin and ethereum could benefit from rising
inflation and weak macro economic conditions due to their scarcity he argued that the U.S economy
is either in or heading for a recession and that markets can rally if the Federal Reserve stops
hiking interest rates to combat inflation Stanley druckenmiller shared similar views to Jones last
month pointing out that economic turmoil could highlight crypto's value Paul Tudor Jones is
bullish on scarce assets in a time where there's too much money something like crypto specifically
Bitcoin and ethereum will have a much higher value in the future this information needs to
get out there show this post some love of course Paul Tudor Jones has been bullish on bitcoin for a
while recently becoming an ethereum bowl ethereum is a scarce asset according to Legendary investor
Paul Tudor Jones makes sense right ethereum is a more scarce asset than when Paul Tudor Jones
originally got into Bitcoin ethereum becomes deflationary for the first time since the merge
make sure you subscribe to our YouTube channel cryptocurrency isn't going away it's only getting
bigger it is the future for the first time in history ethereum has had a deflationary week
you want to be subscribed you want to stay informed bny melon America's oldest bank now
holds Bitcoin and ethereum for its clients huge news Wall Street Journal reporting this America's
oldest bank bny Mellon has just received the green light to start receiving crypto on behalf of its
customers this comes after receiving approval from the New York State Department of Financial
Services this is a big deal for cryptocurrency why because bny mellon's conviction crypto should
instill confidence in the asset class among other big names on Wall Street founded by Alexander
Hamilton in 1784 bny Mellon is America's oldest bank it oversees more than 2 trillion in assets
under management most of which comes from wealthy fund managers and now those wealthy fund managers
can add both Bitcoin and ethereum to their portfolio confidence in ethereum continues
to increase over 14.2 million eth are now being staked on ethereum that's over 11.7 percent of
circulating eth at current prices that's over 17 billion securing ethereum through proof of
stake Google getting on board you can now Google balances of ethereum addresses this new feature
saves Searchers time from visiting etherscan returning balances directly in your search result
Google is now providing data on ethereum addresses via its search engine the world's biggest website
now tells you how much eth some wallets hold when you punch an ethereum address into the
search board bar you can see that in the future cryptocurrency is just going to be naturally
integrated in everyday life but if you're part of cryptocurrency today we're seeing the steps being
taken to make that happen today versus years ago go there's so many great cryptocurrency products
in the market uniswap we're proud to announce that we've raised 1.65 million in series B funding to
bring the powerful Simplicity of uniswap to even more people across the world uniswap now has a
unicorn brand and a unicorn valuation using the uniswap decks was my aha moment in D5 metamask
now lets users buy cryptocurrencies directly from their bank accounts metamask continues to push for
leadership in the cryptocurrency wallet industry offering new tools that make it easier for its
users to purchase crypto you'll love to see it cryptocurrency now has lobbying groups to Lobby in
favor of crypto the US Treasury is being sued by coin Center over the tornado cash ban coin Center
is suing the US Treasury over its controversial tornado cash sanctions what you need to know is
this cryptocurrency advocacy group coin Center has filed suit against the treasury Department
government over its unilateral imposition of sanctions on tornado cash the implications of the
case are far-reaching as things stand the treasury could theoretically sanction any software it sees
fit this arguably poses an existential threat to virtually every protocol in the industry at least
in America again one of my big takeaways is now we have multiple lobbying groups helping educate
Washington on cryptocurrency people are buying Bitcoin all over the world a new study shows
that Bitcoin ownership in Canada Rose sharply in 2021 this is according to a new study just
published by the Bank of Canada in fact showing 13 percent of Canadians own some Bitcoin this
week researchers from the Bank of Canada published the central bank's Financial System review which
highlighted five key statistics Tethered to Canadian Bitcoin owners according to the bank
of Canada's metric 13 of Canadians own own the leading crypto asset Bitcoin and most Canadians
are aware of Bitcoin this is that chart in chart graph form wonderful to see my question is what
will this chart look like for 2022 dear Kanye West we're sending you this letter to confirm
our recent discussion with your representative the JPMorgan Chase Bank has decided to end its
banking relationship with Yeezy LLC and its Affiliated entities Kanye West just got unbanked
from JPMorgan Chase if it can happen to Kanye it can happen to the little people without a voice
and people are starting to notice that the Legacy centralized permissioned banking system Financial
system is not good enough we need open we need decentralized permissionless systems that come
in crypto subscribe to the channel join our team my name is Aaron at altcoindaily see you tomorrow