'DANGEROUS': Coinbase CEO warns banks are undermining Trump's crypto agenda

Yep

Excited, triumph over evil 🇺🇸🫡

Banks need to create and maintain their own wallets for customers with crypto.

Emperor Constantine strategically used Christianity to unify his army and justify wars, notably using a claimed vision of the Chi-Rho symbol (representing Christ) before the Battle of the Milvian Bridge to boost morale. He merged Christian symbols with pagan practices, maintained the pagan title pontifex maximus, and was only baptized on his deathbed, leading to arguments that his conversion was largely for political control and to secure military loyalty. The Bush administration, in the lead-up to the 2003 Iraq War, heavily relied on assertions that Saddam Hussein possessed weapons of mass destruction (WMD) to justify the invasion. Subsequent investigations, including the Iraq Survey Group, confirmed no stockpiles of WMD were found. Top officials, including President Bush and Colin Powell, made hundreds of false statements asserting the existence of these. Same tactic being used today to rally christians to war

ONLY AMERICA HATING COWARDS SUPPORT THE CHINESE BITCOIN NETWORK…BITCOIN WILL BE 0 IN 2028…NO REAL MAN WILL EVER HOLD BITCOIN THE CHINESE CRYPTO OF COWARDS AND SISSIES

I think the best way to write Stablecoin legislation is to view it in terms of different products. Step 1 is a stablecoin money market with very limited amount of interest being paid, and would primarily used for payments. Step 2 might be a private lending vehicle (suggested by your guest) backed by stablecoins, that offers a higher rate of interest than the money market. Stablecoins for lending should definitely be segregated from the money market. There should be no co-mingling. Consumers will better understand the risks if they put money in a stablecoin money market fund vs a lending platform.

Brad is 100% correct. No rewards is a “no go”.

A lot of DumDum's grifts and scams are being undermined.

Crypto is easy to make money off your money and they make it fun. 😊 Banks are sellouts

😂 this man is over his head. He wants things done his way 🤦🏾‍♀️. Let’s be realistic

I have Coinbase and they make it complicated to sell and take your money out plus their fees is so high. They also are been greedy

Now crypto banks are coming

4:00 Wait…. the crypto coins have better insurance than regular banks that are only insured up to $250k? Did I understand him correctly? So if a $500 trillion dollar run is put onto crypto, everyone isn't tugging on the same coin? Who says there's not that much crypto? You mean, we can't overclock GPUs and grind out enough crypto…. it's all mathematical calculations not physical money…. crypto is FAKE MONEY just like all other fiat currency. What physical nature is there for it? If somehow aliens existed and set up geosynchronous satellites to EMP the entire world and eliminate electricity sending us back into essentially the Iron Age…. that Crypto would have verifiable quantities like those people holding gold bars? Crypto is fake money regardless. It's mined by computers not people or machines digging into the Earth for finite quantities of ore…. it has no actual limit except what some individual at the top implements on it to cap it for rarity value….

Banks always trying to get over on the people corrupted institutions

I don't understand how banks get such a huge say in regulations ? Cryptos a competitor. Banks will do anything to protect their monopoly, even if that means block any yield on stablecoins. It's time to look to the future of finance and unless banks with their fractional reserves can compete with cryptos 100% reserves is up to them. Banks need to change or move aside and die off. Banks are still living in the 20th century. It's time for new financial institutions and that isn't banks as it stands !

Don't steal . Banks hate competition.
Rings even more true now , doesn't it ?

Where's Satoshi Nakamoto advocating for his Epstein coin… Always believed there was something issue with Bitcoin and tether they move together… Jeffrey Epstein's BTC by the children… Nah… It's okay. The face of of crypto exchange is Brian Armstrong, American trying to help the market… Look at ripples CEO Brad garlinghouse and Monica long Ripple is an American company. S said that Ripple was a threat to what they were trying to do with Bitcoin and then the law fair started… I'll take these champions innovation over Bitcoin that companies can't even hold anymore because institutions have a fiduciary responsibility to their customers not to do business with products that are as volatile and secretive as Bitcoin.. XRP 🏆🇺🇲

Who is XRPs primary business partners? (Big banks)
…XRP is pro bank not pro average Joe

I got into trading, thinking I’d learn along the way. _I enjoyed the challenge, but reality hit pretty fast. YouTube alone wasn’t cutting it, and the constant ups and downs had me guessing. I lost more than I gained, but it showed me exactly what I was lacking.

All a house of cards 🃏

After reading Smart Broke Dumb Rich by Zor Veyl, you don’t see money the same way. It feels like you finally learned rules that were never meant to be taught.

This isn’t about getting rich fast. Smart Broke Dumb Rich by Zor Veyl explains why the system rewards some behaviors and quietly punishes others.

I didn’t finish this book feeling “motivated.” I finished Smart Broke Dumb Rich by Zor Veyl feeling aware. That difference matters.

REAL TALK: after I read Smart Broke Dumb Rich by Zor Veyl, I understood why schools and jobs never explain how money actually moves. It’s uncomfortable, but it finally makes sense.

I picked up the book Smart Broke Dumb Rich by Zor Veyl thinking it would repeat the same advice. It didn’t. Reading it felt like someone finally explained the part everyone avoids.

I locked all Satoshi Nakamoto account I am the creator crypto or Bitcoin my true deta from the Philippines 🔒🌎🏠

Fractional lending is crazy!
The government borrows a million, this allows the federal reserve print 10 million and lend out at 10% + interest per year.

If all else fails, the banks ask Congress to give them your money through taxes.
😢😢😢

The government always bails the banks out. They don't bother to follow regulations and nothing is done about it.

People should pull their money out of banks. Send them a message that we are tired of their monopoly.

Banks are the old b** in the club

banks have been stealing from all of us if more people bought bitcoin or crypto and have their money in a portfolio oppose to a bank account and let's not forget that crypto is a self-owned asset with proper keys where your money is only for you and no banks using your own money to gamble with it. Bitcoin is so fundamental, transparent and Reliable works just like a bank but better where you can enable your assets and receive yield% while sits in your portfolio so easy to use many do not accept it because it's not backed up by nothing up but it actually is, its backed up by blockchain. And if you didn't know money that paper you hold in your wallet or purse that does not exist it's an illusion. Personally, even as it's going down i will keep buying the dip i rather have my money in a exchange rather than in a bank account thats why i look up to Michael Saylor and Brian Armstrong

They aren’t “lending out a lot of your deposits” — they are lending the same deposits 100x and have no reserves to cover it – the bank is the least safe place for your money. When they let banks have investment companies and insurance companies it got worse. The corruption is astounding.

Coinbase can’t seriously be complaining

Crypto/coins are easy to track specially criminals that use it 😂 good luck see you all soon

Coinbase is a piece of 💩app that freezes when Alt and BTC reach ATH

Stable coins back w/ US treasury bills. China not buying more

Currently we pay banks to hold our money (fees). Anybody earning on savings/checking account? Loans will be far easier to access with alternatives. Banks have a quasi feudal position. I don’t need an overlord.