Episode Transcript
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0:00
Bitcoin is testing the last major resistance level
0:02
at 52,000. And
0:04
if it can break through and stay above
0:06
it, it's possible that we go to previous
0:08
all-time highs of $69,000 and
0:10
beyond before the halving in April.
0:12
And over the past week, altcoins
0:15
have been following Bitcoin's trajectory and
0:17
pumping like crazy. Ethereum finally waking
0:19
up, up 12%, and other top
0:21
tokens by market cap like Vechain
0:23
making big moves up almost 60%,
0:25
stacks up 42%, and just an
0:27
overall green week in the crypto markets. This
0:29
neat altcoin price chart can be viewed for
0:32
free on moraleismoney.com without signing up or logging
0:34
into anything. So use the link below to
0:36
check out altcoin price action in real time.
0:40
Bullish. Crypto historically follows a rather consistent cycle
0:42
that has been mainly driven by the Bitcoin
0:44
halving, which happens about every 4 years. And
0:46
as we can see here with the Moneyline
0:49
tool, Bitcoin has been in a bullish
0:51
trend since January 2023. In
0:53
a bull market, it's best to be bullish to
0:56
take advantage of opportunities in the market. This
0:58
is the time to be working on increasing
1:00
our income so we have more money to
1:03
invest over time, investing time in learning more
1:05
about all this new exciting technology, spreading awareness
1:07
about it with others, and most
1:09
importantly, paying attention to what's going on
1:11
around the world that is affecting our
1:13
lives and futures. This year is an
1:15
extremely important year for many countries around
1:17
the world with upcoming elections.
1:19
Global elites are actively working to
1:21
limit our free speech, crack down
1:24
on open decentralized inclusive, fair financial
1:26
systems like Bitcoin and cryptocurrencies. And
1:28
there is an arms race for
1:30
control over all of our wealth,
1:32
private property, and freedom at large
1:34
via the creation, implementation, and enforcement
1:36
of a central bank digital currency
1:38
with a social credit system. China has
1:41
already achieved this. And in Europe, they are
1:43
testing out means to restrict freedom of speech.
1:46
Check it out. Proposed Irish hate speech
1:48
regulations could have a chilling effect on
1:50
freedom. The problem with the bill is
1:52
that hatred in this instance is not
1:54
defined. Indeed the term hatred is often
1:57
used to describe a range of legitimate
1:59
concerns that in the political class
2:01
would prefer not to talk about, including
2:03
the tender box of immigration that Ireland
2:06
is now coming to terms with. Even
2:08
more worrying is the Bill's criminalizing of
2:10
possessions of ill-defined hateful material with a
2:12
view to the material being communicated to
2:15
the public or a section of the
2:17
public. Despite Ireland's common law tradition of
2:19
innocent until proven guilty, the legislation places
2:21
the onus on the accused to prove
2:24
he or she did not intend to
2:26
distribute the hateful material in public. There
2:28
is a war waging over our thoughts,
2:31
feelings, money, ability to own private
2:33
property, to be in complete control
2:35
and ownership of our assets, over
2:38
all of our freedoms and lives at large.
2:40
And this year will be one of the
2:42
most defining ones for our generation and generations
2:44
to come. So let's explore how we can
2:47
prepare, resist the globalist agenda for complete power
2:49
and control over us, and how
2:51
we can build a new better future together. Hello,
2:53
I'm Crypto Casey, a little congested from a ski
2:55
trip out in Big Sky, Montana. Welcome to another
2:58
episode of Crypto This Week. Let's take
3:00
a look at the global news stories in state
3:02
of the current macro environment. Please
3:07
be sure to check out our sponsors, Coin
3:09
Ledger, Lorenzo CPA, and Tango wallet. Get your
3:11
crypto taxes done quickly and easily in three
3:13
simple steps with Coin Ledger, a platform we
3:16
can use for free to see an overview
3:18
of our gains and losses, as well as
3:20
download the tax forms we need to file
3:22
ourselves, upload a TurboTax, or hand off to
3:25
our accountant. My accountant Lorenzo has saved me
3:27
a ton of time and money over the
3:29
years with tax saving strategies. So book a
3:31
free call with him today and check out
3:34
his crypto tax course we can get for
3:36
a discount using the links below and
3:38
invest in your very own cold storage harder
3:40
wallet like Tandrum wallet. It's the size of
3:42
a credit card, multi currency, multi chain, and
3:44
it's by far the easiest crypto wallet to
3:46
set up and use on the market right
3:48
now and is extremely affordable. So scroll down
3:51
and use links below to access the correct
3:53
and official sites as well as redeem any
3:55
special offers they have for us. Freedom of
3:57
speech is a defining characteristic of the United
3:59
States. We have freedom of
4:01
conscience, freedom to think, and there is
4:03
no exception to that. There is no
4:05
hate speech element like what Ireland is
4:07
trying to impose. Just because someone may
4:09
hate what you say, or vice versa,
4:11
doesn't negate the fact that we are
4:14
free to do so. Because we are
4:16
citizens of the country, not slaves. However,
4:18
this right to free speech is under
4:20
attack via censorship in the media, masks
4:23
as a war against the spread of
4:25
disinformation. And what's egregious about this reality
4:27
is that someone can state something that
4:29
is factually accurate, but if someone doesn't
4:32
like it, or if it's inconvenient for
4:34
the global elites overall plan, then
4:36
we could lose our right to effectively
4:38
speak or express our thoughts. Elon
4:41
Musk tweeted, Free speech is the
4:43
bedrock of democracy. That's why it's the
4:45
first amendment. Without free speech, all
4:47
is lost. And as we all may know,
4:49
one of the reasons Elon Musk fought Twitter
4:51
was an attempt to protect free speech. And
4:53
the global elites do not like it. Court
4:56
orders Elon Musk to testify in
4:58
the SEC's investigation of his Twitter
5:00
takeover. Yes, those in power have
5:02
their sights set on Musk. In
5:04
addition to X, formerly Twitter, being
5:06
a platform that prioritizes free speech,
5:08
it will also soon be an
5:10
open, inclusive financial system that rivals
5:12
traditional financial systems that the government
5:14
and private central banks control. And
5:16
as we explored together in this video, you can check
5:18
out by clicking on the link above. Money
5:21
is essentially a system of control
5:23
designed to enslave us. And anything
5:25
that undermines that is
5:27
and or will be under attack by
5:29
governments, private central banks, and their bottom
5:31
paid for political puppet. In
5:34
addition to X, this absolutely includes Bitcoin
5:36
and other open decentralized cryptocurrencies, which is
5:38
why as people in crypto, we need
5:41
to pay attention to what's happening around
5:43
the world, what's happening in
5:45
our part of the world, spread awareness
5:47
about it and take action. One
5:50
of the most important actions we need to
5:52
take is to get familiar with and involved
5:54
with the upcoming elections. We need to figure
5:56
out who in our jurisdiction is up for
5:59
reelection, recognized who is an advocate for
6:01
free speech, open free decentralized financial systems
6:03
like Bitcoin and other cryptocurrencies, who
6:06
is against the creation and enforcement of
6:08
a CBDC or central bank digital currency,
6:11
and we need to support them, spread awareness about
6:13
them, and vote for them. Yes,
6:15
it may seem dumb, hopeless, and like
6:17
a waste of time getting involved with
6:19
politics because it's all corrupt and a
6:21
complete joke. However, in this new digital
6:24
age where we have access to the
6:26
internet and information that has otherwise been
6:28
deliberately hidden from us over the past
6:30
several decades, and with more independent journalism
6:32
gaining popularity, and increasing distrust of the
6:34
mainstream media, the government, banks, etc., we
6:36
may be in the midst of a
6:38
perfect storm that allows us to have
6:40
a serious impact on the future of
6:43
the world. So if you're in the
6:45
US, check out standwithcrypto.org using the correct
6:47
and official link below, and there we
6:49
can join the fight to try and
6:51
help navigate crypto's uncertain future in the
6:53
United States. At the top here, we
6:55
can click the politicians button and see
6:57
which political figures in the Senate and
6:59
the House of Representatives are pro versus
7:01
anti-crypto, and learn more about what statements
7:03
they've made on the matters. The website
7:06
also gives us simple, straightforward actions we
7:08
can take to call or email our
7:10
Congress person along with pre-written statements
7:12
that convey the importance of embracing crypto as
7:14
a country, how it creates jobs, tries innovation,
7:16
and how it needs to become a national
7:19
priority. It only takes about a minute, so
7:21
scroll down, check it out, and share it
7:23
with others so we can do our part
7:25
to try and create a favorable regulatory environment
7:28
for crypto so the US
7:30
isn't sidelined from the future financial
7:32
systems. Because it's not looking good
7:34
for the US, as the dollar continues to be
7:36
dropped by other countries around the world. This
7:38
week, an analyst predicts the US dollar
7:41
crash similar to the Roman Empire's end.
7:43
Leading financial analysts are warning that the
7:45
US supremacy has reached a tipping point,
7:47
and its dominance cannot move further up.
7:50
Bricks, Brazil, Russia, India, China, South
7:52
Africa, and other developing countries are racing
7:55
ahead as their economy becomes robust and
7:57
stronger. The GDP of Bricks Nations is
7:59
growing. tremendously in challenging the US
8:01
dollar at the global level. Financial analyst
8:04
and the author of the best-selling book,
8:06
Rich Dad Poor Dad, Robert Kiyosaki, compared
8:08
the US dollars into the Roman Empire.
8:10
He explained that the Roman Empire supremacy
8:13
ended after their bankers debased their currency
8:15
to pay soldiers, gladiators, and bills. Brix
8:17
is now looking to uproot the US
8:20
dominance and replace it with a new
8:22
world order. Sound familiar? Yes.
8:24
And also, as we've been discussing on the
8:27
channel, when all of those dollars currently circulating
8:29
around the world outside the US
8:31
start flooding back in, the increase
8:33
in the supply of money will
8:35
cause more inflation, possibly hyperinflation, from
8:37
the massive deterioration of purchasing power.
8:40
Bears for the US and its
8:42
citizens? Bullish for Bitcoin. And
8:44
people are waking up and starting to realize it.
8:46
Bitcoin breaks 52,000 as institutional
8:49
buying continues. It would appear that
8:51
Bitcoin has observed the most positive
8:53
returns during American trading hours over
8:55
the last few months, further
8:57
confirming the presence of exceptional
8:59
buying pressure from US-based entities.
9:01
Nice. Let's also keep
9:04
in mind that potentially, Bitcoin surged
9:06
to 52K, faces threats from two
9:08
major sell-off events. The first
9:10
event concerns the approval granted to
9:12
Genesis, a key player in the
9:14
cryptocurrency market, to sell a substantial
9:16
amount of grayscale Bitcoin trust, GBTC
9:18
shares. The sale involves 35 million
9:21
GBTC shares, valued at approximately
9:23
$1.3 billion. Adding
9:26
to the market's apprehensions, the US government
9:28
has filed a notice to sell a
9:30
portion of its Bitcoin holdings. On January
9:32
25, 2024, it was announced that 2,875 Bitcoin valued
9:37
at $156 million, seized
9:39
from the notorious Silk Road platform, would
9:42
be sold off. With the US government
9:44
holding approximately 208,000 Bitcoin, worth
9:47
around $10.9 billion, it
9:49
remains one of the largest Bitcoin holders globally.
9:51
So as we know with price action and
9:53
crypto, anything can happen. And it's
9:55
especially important to watch out for and take
9:57
advantage of any major dips during the year.
10:00
the bull market, no matter how scary
10:02
it is when the markets are red. And what's
10:04
funny is in the midst of all the pre-having
10:06
Bitcoin hype and price pumps, banks
10:08
are feeling the FOMO or fear
10:10
of missing out. Bad. Check it
10:13
out. US banking groups lobby SEC
10:15
for rule change to enter Bitcoin
10:17
ETF market. The US banking sector
10:19
is pushing to offer custodial services
10:21
for the newly launched Bitcoin ETFs.
10:23
The coalition urged the SEC to
10:26
reassess a regulation that made it
10:28
expensive for traditional banks to offer
10:30
crypto custody services. Current roles require
10:32
these financial institutions to classify cryptocurrencies
10:34
as liabilities on their balance sheets.
10:36
Therefore, the banks must allocate
10:38
assets equivalent to the crypto holdings,
10:41
to mitigate potential losses, and adhere
10:43
to the strict regulatory capital requirements.
10:45
And here's what they had the
10:48
nerve to say, fam. If regulated
10:50
banking organizations are effectively precluded from
10:52
providing digital assets, safeguarding services at
10:55
scale, investors and customers, and ultimately
10:57
the financial system will be worse
10:59
off with the market limited to
11:01
custody providers that do not afford
11:04
their customers the legal and supervisory
11:06
protections provided by federally regulated banking
11:09
organizations. So basically
11:11
the banks don't want to hold assets that
11:13
equal the amount of crypto they will hold
11:15
for people to offset risk. And they are
11:17
arguing that the financial system would be worse
11:19
off if they aren't allowed to hold crypto
11:21
without holding other assets to mitigate potential losses.
11:24
Brilliant. At the end of
11:26
the day, fam, we don't need banks to hold and
11:28
profit off of our crypto because it's easier than ever
11:31
to actually own and completely control it ourselves with a
11:33
cold storage hardware wallet. So right now I'm going to
11:35
show you how fast and easy it is to become
11:37
your own crypto custodian in less than 60 seconds
11:40
using Tangerm wallet. Opening the box here, we
11:42
have the three cards. Next,
11:44
installing the correct and official Tangerm mobile
11:46
app on our phones and opening the
11:48
app, tap scan card and touch one
11:50
of the cards to your phone like
11:53
so. Next, click create wallet and
11:55
tap the card to your phone again. Nice.
11:57
Now we have a wallet. Let's create backup.
12:00
of it. Tap Back Up Now and
12:02
then Add a Backup Card and tap the
12:04
second card to your phone. Cool. Now
12:06
tap Add a Backup Card again and tap the third
12:09
card to your phone. Then
12:11
tap Finalize the Backup Process and
12:13
now we need to create an access code to secure
12:16
the wallet. Tap Continue then
12:18
enter an access code. Re-enter it
12:21
to verify the access code and
12:23
then scan the primary card ending in the
12:25
corresponding numbers on the screen that matches that
12:27
card holding it up to your phone until
12:29
the operation is complete. Then repeat
12:31
this process for the two backup cards. That's it.
12:33
It's configured and ready to use. And if you
12:35
want to watch a full video on how to
12:38
use Tandram Wallet, check out this video guide by
12:40
clicking on the link above and scroll down and
12:42
use links below for a nice discount and to
12:44
access their correct and official site. And you know
12:46
what else is just as easy? Getting
12:49
our crypto taxes done with Coin Ledger
12:51
and their three step process. First we're
12:53
going to import our transaction activities from
12:55
all exchanges and wallets we've been using
12:57
like Coinbase, Crack, and Metamask, Tandram Wallet
12:59
or similar with a simple click
13:01
of a button. Second, Coin Ledger will
13:04
automatically classify our transaction history into the
13:06
appropriate tax treatment calculating our gains and
13:08
losses for all transactions whether it's from
13:10
trading, staking, enough keys, or anything else.
13:13
Then finally the third step once we've reviewed
13:15
everything we can download our tax report with
13:17
a simple click of a button. And before
13:20
even paying to download the tax report we
13:22
can view our capital gains and income for
13:24
free, identify tax loss harvesting opportunities across our
13:26
portfolio for free, and get help from their
13:29
support team to review our data if we
13:31
need any guidance. So we can use the
13:33
platform for free and we only have to
13:35
pay if we want to download our digital
13:38
asset tax report which comes with
13:40
a 14-day money-back guarantee. And we get the
13:42
tax forms we need instantly to file ourselves,
13:44
upload the TurboTax, H&R block, or similar or
13:46
handoff to our accountant like I do with
13:48
my CPA Lorenzo. Straightforward, easy,
13:50
safe, and stress-free. So scroll
13:53
down and use link below to access Coin
13:55
Ledger's correct and official site. Awesome. So
13:58
if you want to learn more about Bitcoin and how it can help... us
14:00
have complete control and ownership over some of our
14:02
wealth. Check out this video. If you
14:04
would like to finally have that eureka moment and
14:06
understand how crypto wallets, addresses, and private keys work,
14:09
check out this video. And to get
14:11
your very own tantrum wallet, click on the link on the screen. Like
14:13
and subscribe for more. Be safe out there.
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