The Fed, Japan, and a Move We Haven't Seen in 100 Years

Hey, it's Kamilah Stevenson. Round here we talk about wealth, and listen up, the New York Fed has started doing rate checks on the yen. This is sharing some information that lets you know the stress is present, and we are going to talk about it because it affects certain coins. Differently than others. And, uh, I'm going to give my thoughts and mind on what we're dealing with because there's so much happening. I did see the comment and I saw someone was trying to move their crypto off of the exchange into the cold wallet. I hope I answered that question right for you and, uh, or in a way that you can understand. Hit that like button when you come on in. After this I'm going to be sharing something that I have never talked about, and I really want to take my time, uh, for my members in YouTube after this live, only my members. And I am going to be, uh, giving my thoughts on Bitcoin, and I'm walking through how I'm thinking about Bitcoin. My thoughts have shifted a bit, and so, um, I'm also going to be sharing why I'm looking at a very different category of networks when I think about what actually survives institutional adoption. So if you're wondering what I am thinking on that, how I'm positioning myself, I'm going to go a little bit deep. So yes, I will be sharing my opinions of Bitcoin versus XRP and where everything fits into my framework for the future. So I'm going to go in very heavily on that, and I'm going to explain the difference between the two. And, uh, and for some people, they don't even know what Bitcoin does or what it, what it can do or what it can't do. So I'm going to share my thoughts on that because I think it's important to know, and how I'm positioning with both. And I'll be doing some Q&A as well. All right, uh, hit that like button again. What's going on to everyone? Um, There's so much happening right now, first of all, uh, and I, and I'll go through, uh, some things. I'm going to share some valuable information here. Reverse carry trade, I will be talking about that today, um, just because of what is taking place. And as you guys know, I'm always looking at what you call the signals, okay? I, I want to look at the behavior of money, and I love behavior patterns, whether it's in people or money or whatever, or businesses. Whatever that looks like. So I'm going to share my thoughts on that. Now, first of all, before I even get into that, y'all, it's so much happening right now. Thank you, uh, thank you, Maria. Blessings to you as well. I see some of you all are, uh, in here from all over the world, and I appreciate you guys being here. Hit that like button, share the video. I'm going to talk about the reverse carry trade. It is unwinding, and I, I just want to be honest about my thoughts about it. A lot of people are looking for the timing of it, uh, which I can't necessarily tell you the timing, but that thing is unwinding as we speak. And I want to set the stage for why I'm even watching for these signals. Uh, we are in a very uncertain environment. Uh, there's ongoing talks about another government shutdown, there's disagreements about funding, there's an election cycle coming up, midterm. Um, there's just a lot of uncertainty around if, uh, when or if crypto legislation is going to move forward in a meaningful way. Uh, could the Democrats win midterms? That's on the table. Will they have the same, um, feelings about crypto, or does that automatically mean crypto gets shut down? I don't know, because the Genius Act got passed through in a stable law, you know. So, but does it mean things can slow down? Maybe. We may not see anything until 2030 if that happens, or later, or never. Not sure. There's no yes or no right now. We're in a real gray zone. And, uh, in the, in, in the middle of being— I'm looking at these comments. What's up from Canada? In the middle of being in a, in a gray zone. Burnsville, what's going on? Um, y'all do know that trades are going to continue, that debt is going to continue to roll, uh, that currencies are going to continue to move, that liquidity still has to show up, especially under stress. So there are global signals that's happening right now, and I don't have time to worry about all the uncertainties. I'm looking at currency pressure, the carry trade unwinding, funding stress across markets. Um, these do not mean that something have to break, but they can signal when a system is starting to need faster settlement, right, and deeper liquidity. So I'm still looking at that. So when I do talk about the reverse carry trade, These are the signals that I am talking about. Why am I— this is not about hype. I'm not here to, you know, I hear people talking about the reverse carry trade and some people are upset about it because they think it's hype-driven. When, when it's, when it's told that the reverse carry trade could cause a crisis or a liquidity crisis, it's not about hype. I've been telling you guys to be long-term, and this is— this wasn't even on any of my videos, but I'm just seeing the sentiment of people. I just think people are frustrated with crypto right now. I'm telling you, there are signals. It's right in front of your face. And signals, they help us to understand when liquidity solutions are going to matter even more than legislation. That's what I'm talking about here. And this is why I do tie this into XRP as a settlement utility that's positioned for what? Stress, not perfect conditions. And so I do want to talk about what's going on. Um, and also I've been seeing reports that Japan has been taking steps to classify XRP very differently, potentially as a financial infrastructure rather than a speculative asset. So, um, yeah, there's a lot going on as a, as a tool, basically. All right, so, uh, shortcuts in life will get you shortcut. Yeah, that is true. Um, uh, major US stock exchange is going 24/7 later this year. I actually have a video coming out tomorrow on my thoughts on that, and it's going to surprise you because I'm going to take a different angle with my thoughts on what is going to happen when the exchanges go to 24/7. So, uh, that video will drop tomorrow. I think that you should definitely, uh, be on the lookout for it because I am going to share my thoughts. And everybody's excited about 24/7, you know, trading, and it will work for some people, and for other people it will be a disaster. And I'm going to explain exactly why, because I like to have sobriety in the way I, uh, approach a lot of this stuff. All right, now see, all right, we got some scam artist in the, uh, because that is not me. So if you see this, uh, Black Dr. Kamilah Stevenson, that's not me. Let me just tell y'all this: I will never send a WhatsApp, whoever that is. I will never send you a WhatsApp or, um, or tell you to call me or anything. Those are all— that's spam, scam, have losers, all of it, okay? Um, I will never try to get you to call me or anything. Any link that you, uh, get, look at it in the description. They cannot access my description. They will come on the chats and they will lie and act like they're me, just like whoever this is in here right now. And I think only losers try to take people's money and scam them because they have no purpose in life and nothing better to do. So please watch out for the criminals that try to go on these pages and, you know, act like they're me and, and, and then you know, you'll get people upset at me for that. I do have somebody working very hard trying to get all the spam and the comments, uh, that are like that out of my comment section. I apologize for that. But, um, yeah, if it looks weird, it's got these WhatsApp me and all this weird looking stuff, you know, it's not even in English. And so y'all know I don't even talk that language that's on there, so just ignore it. And, uh, I apologize for that. All right. Yeah, Japan seems to be setting themselves up awfully quick to get on chain. Yeah, Japan is— they've already tested the rails. And so again, that's what I really want to go through because I'm going to help you to understand why we're looking at this and educate you on this. Again, like the video, subscribe if you haven't already. Nothing I say is financial advice. Everything I say is for educational and entertainment purposes only. Do your own due diligence. I want to get right in because in the last couple of days I've been watching what's happening around Japan, the yen, and the Federal Reserve. And the more I look, the more I can see the pressure building. So what we're hearing about here is what is actually happening. Uh, so I'm sorry, I'm not trying to be a savage, but you know, I just do not— because I'm protective of you guys and I'm hoping that nobody falls for these people who are in my comment boxes acting like they're me and getting money from people. I, I don't like that. I, I feel protective almost. So, um, so yeah, I, I don't like that at all, right? So, okay, uh, all right, so we are— just so I can keep you up to date with what's happening. Thank you so much, I appreciate this so much. Um, would you suggest, as I know it's not financial advice, to sell some XRP then buy during the dip when the government shuts down? Um, that's a game that some people play if they are excellent at technical analysis. They have their charts, their lines, and everything. And if they see a drop coming, like for example, if it breaks $1.60, we could potentially go all the way down to 70 cents, right? And so it depends on how good you are at reading the charts. So I don't, I don't play that game with XRP because I— it's— for me, it's more about position than it is profit. Or I can even say it's more about position than it is price. So for me, if it drops, I'm just going to add more to my position because I don't want something to happen where it— there's a fake out, or I don't want to play that game. But if you are really, really good at technical analysis and, and, and that's something that you, you know, have set up in a framework, then you can do it. A lot of people do it. Um, I just don't. I don't. I used to. Um, I used to, but I don't do it now. And I used to only with swing trading. So yes, of course, not financial advice, but I would just say have a little bit of cash on hand to get it when it drops. Because what if it, what if it doesn't drop? What if it, what if it wicks down real quick and then shoots back up? What if it doesn't hit your— if you have limit orders, what if it doesn't? What, what if, what if you don't get those limit orders filled? Um, there's a lot of what-ifs that I don't want to, you know, be bothered with thinking about now. But again, there are some people who are really masterful at technical analysis and they can read the chart like geniuses. Uh, very few can do that, by the way, because— and, and even the best of them will be wrong some days. So I would say just have a little cash on hand, uh, in case there is a dip, and there could be a dip. And I already have limit orders at low areas right now. I told you guys I have my limit orders already in place. I appreciate your generosity, uh, Roscoe. Um, if you're a genius at the charts, it, it could be a strategy. I just would never do it at this point. Right now because it's too unpredictable. Do I think we are going to get a crash, a dip, or whatever? It's highly likely. I don't know though for sure. No one knows because nobody has a crystal ball. So that's like, I wouldn't do it. Um, all right, uh, I want to sell. It can drop all at once. I want to sell. That's right. Hey, from San Diego. Buy and hold your XRP. Yeah, I'm a buy and hold person right now. Um, and see, I'm not smart enough to go in and out, just dumb enough to hold and buy more. Yeah. So like, again, even the, even the most brilliant, um, people, they get it right. Like, they can even get it right 9 out of 10 times, which is excellent, but it could be that one time you don't get it right, right? Um, so, okay, so let's, let's talk about what just happened, um, because some people don't know. So we're hearing talks about the Fed preparing to sell US dollars and buy yen. Wow. Well, we see Warren Buffett has already done that. That's not a casual thing. That is something that comes up when things are, um, or that's not something that comes up, I'll say, when things are functioning very normal, right? And the reason I keep coming back to this, this whole thing of when things are normal, when things are calm versus when they're stressed, is because there are a lot of people— there's a lot of people that are making so many assumptions um, about XRP, about markets, the liquidity, how settlement works and XRP. But it's based on the idea that systems will stay relatively calm, right? And so, uh, the funding market doesn't always remain orderly, all right? Stress doesn't always contain itself. And a lot of the, a lot of the pushback on XRP comes from, you know, like, oh, this won't work because you know, XRP is not going to do this and that. And I keep having you guys know that this calm place, like, that's not the environment that we're moving into. So I'm measuring this as in, what environment are we moving into? What's happening with the reverse carry trade is looking like a stressful environment. So for me, I think we're moving into an environment where stress becomes the driver. And when stress becomes the driver, the logic that people are using to dismiss certain assets and, and certain infrastructure and certain tools, that logic for me falls apart. Like, I see people commenting about, um, what it'll be in normal conditions, and it's like, you are absolutely 100% right with what you're saying, but I'm never talking about XRP in a normal condition, but as the solution to a crisis a crisis that I think will come one day, whether it's manufactured or whatever. Okay, so, um, so yeah, I— reverse carry trade has never had anything to do with the price of crypto before. I truly think this is overhyped. Well, um, it can be overhyped to you, you know. I don't, I don't know what you mean by it can be overhyped. If the reverse carry trade happens, it— and it needs to be unwound then there's a series of events that could take place that can make this happen. So let me educate on what I'm thinking about this, right? So, and I get it, if you feel like it's overhyped and everything, then that's fine. But again, stress is becoming the, the driving force. And here's what I'll say to that, just so I can help you guys to understand why Japan is not just another country, right? Japan is not just another economy or another foreign market. Japan has been one of the major sources of funding for the global system for decades. Remember, it was cheap money taken out of Japan to quietly support everything that's happening in the US— the US stocks, the bonds, the real estate, uh, the, the risk assets all over the world. Okay, so for a very long time, what happens is that money had to, um, had no reason to stay in Japan. It had no reason to stay home because yields were pinned down, right? And the returns were non-existing. So, so capital is going to start looking for yield somewhere else, aka the U.S. stock market, the bonds, all of that. So that's how the system functioned. Now what's different now is that Japan's long-term yields are no longer behaving the way they used to. So you're looking at the 10-year, hopefully you're looking at the 30-year, the 40-year, they start creeping higher and They're creeping higher in a country that lived near zero for decades. That is not a small adjustment, you guys, at all. That is a signal that the math behind a lot of the positioning has changed. And when the math changes, the behavior changes, meaning the math is not mathing anymore. If money can earn something at home without taking, uh, uh, currency risk, without taking global market risk, without taking settlement risk, the incentive to keep that capital abroad is going to weaken. Now, that happens very slowly at first, but then it can happen all at once. Okay, um, so, uh, it's basically— this is the, this is the point in where capital is doing what it's always done, is moving towards a path that feels safer when conditions tighten. That's even— look at what you're seeing with gold and silver. Okay. People are running to safety. Now, silver and gold have different reasons why I think they're running, but you need to know this when people give reasons why XRP can't do something because it's coupled to Bitcoin when you're looking at stress in the markets. Okay, now here's where you connect everything to each other. Okay, so then when you have large pools, think about this, um, and, and I'm still helping you to understand the reverse carry trade and how this all plays a role. When you have large pools of capital, uh, that start coming home, and they don't— they're not going to do this in a, in an orderly manner, okay? They, they come home by selling what they already own somewhere else. So if money comes— when I say come home, y'all, I mean I'm being— when money comes back to Japan, okay, it has to come back by selling somewhere else. It can't come back to Japan before it sells somewhere else, okay? So that selling doesn't care whether the underlying asset is good or bad. It doesn't care. It only cares about liquidity and size. That's it. If it's coming back home because Japan's yen is strengthening, that's the reason why Warren Buffett has his money probably there. This is why stress in Japan don't stay in Japan as well though. It leaks into the US markets, the FX markets, into crypto, into anything that was built on the assumption that funding will always be cheap and available. That was an assumption that was already there. So when I look at Japan, I'm not necessarily wondering if their economy is strong or weak. That's not what I'm doing. I am trying to process through what happens to the rest of the world when one of the biggest funding sources start behaving differently, right? That is what I'm looking at, right? So, so I say you're on to something, Joe. I love the language, I love the slang. Um, say somebody say, do I have a 9 to 5? Hard worker. Thank you so much. Um, I appreciate you too. Uh, I don't have a 9 to 5, I'm a full-time coach. And I work an entrepreneur, so I work from home. Yeah, it's interesting that so many people have so many different takes on the same topic. You know, they might have a different take, and you know what, it's not that other takes are not right. Like, again, a lot of the stuff that's being said is right in a normal, calm condition. So we gotta figure out, are we in a— are we headed into a normal condition with the economy, with, uh, with geopolitical tension? Or are we headed into stress? Are we headed into crisis? Are we headed into something that's going to wind up breaking? Okay, so it both— so you can have two different viewpoints, but the way I look at it is, well, what happens when this isn't normal any anymore? That, that's the way I'm seeing this. Okay, when I'm— the answer to all of this, uh, you know, looking at what happens when things start behaving differently. The answer to that becomes more important to me when you layer in currency pressure and central bank behavior. Remember, I'm looking at behavior. This is where this gets interesting, right? Because that's, that's what I started with the introduction on the New York Fed rate check, right? So when I saw that the New York Fed has started doing— listen, y'all, the New York Fed has started doing rate checks around the yen. Do y'all get what I'm saying? Trying to figure out if they should sell US dollars for the yen. I see this as a diagnostic step. When the New York Fed does a rate check on the yen, it's basically taking the market's temperature. So what they're, what they're really doing in a rate check is they're asking the dealers, if we had to step in right now, what price will we actually get, huh? What, what price will we get? Now that should tell you something. Central banks are not asking this question unless they worried about how disorderly things could get. Okay, like they're worried. Okay, they're worried about the acceleration of this flow. It means they're testing liquidity. It means they're testing depth and they're testing whether the market can absorb action again without breaking. So here they are doing the same. They're confirming what I'm talking about., right? So whether the Fed intervenes next week, next, next month, or, or, or not at all, okay, even if they don't, that's not the point. The point is that the question is being asked by them. And to me, that tells me that stress is already present if they're doing that. And once you put that together with what's happening with Japan, the rising long, uh, end yields, when you're looking at the 10-year, the 30-year, the 40-year, and the pressure on funding assumptions, this Picture to me should get clear to you. I don't understand how it's not, because if the yen starts strengthening while the funding cost rises, positions that were built on cheap yen is not going to become less profitable, they're going to become unstable. And that's when the carry trades don't unwind like orderly. Y'all thinking that this stuff is going to be— it's not, it, it, it's not going to do it politely, y'all. It, they— it's going to unwind it's going to unwind because it has to unwind, right? When that happens, what you're, what you're looking at now is selling is not going to stay contained inside of one asset. You got it right, you got it so right, y'all. It's gonna be the— it's gonna be probably the worst day of some people's lives because y'all not paying attention. Okay, go ahead. And to me, it doesn't matter if it happens or not. I'm just telling you what could happen. The signals are there. Right? It's going to be bad if it does, because it's not going to be contained inside of one asset class. They're gonna sell what's liquid, you gonna sell what's big, you gonna sell what can move quickly. That's how you get days where stocks and crypto and everything that people thought were safe all move together in ways that is not going to make any sense. If it happens, it will be ugly. I'm telling you now. It will be ugly. It will be ugly. It will be ugly. Now this is where gold and silver start to make more sense to me, because when currencies start becoming the stress point, people are willing to pay for insurance. So I'm looking at those as well. That's exactly what you're seeing in metals right now. Gold and silver pushing to new highs is not just telling me a growth story. It is saying it's— or a tech— it's not saying that. It's a confidence story. So confidence You, you can tell where behave— where, where money behaves and where it moves, where the confidence is. When confidence in settlement and currency stability starts to get questioned by people, capital is now going to start looking for places that don't require a lot of explanation or trust in the intermediaries. You can tell that there's, there's a lack of confidence in, in the money. Now let me just, uh, say this. Right? Um, right, opportunity is what it is. Uh, it will be ugly, or it may be ugly. It's inevitable. Um, you know, it's unwinding. I don't, you know, I don't— I can't tell you, but what's— I can't tell you what's gonna happen and happen, but I can tell you what's happening. It's unwinding, right? It's unwinding. We're gonna get on after this, uh, for the members. So, um, and, and the timing, I don't know, but let me just say this. Let me say this. This is not bullish or bearish by itself. It's in— it's informative because things can change. Okay, I do want you to know that. So when I step back and I look at all of this together, right, Japan's funding role shift in the Fed, checking prices in the FX market— pay attention, they checking it, right? Metals catching a bid. It tells me we're moving into an environment where function is going to matter more than theory. We're talking about functionality, meaning How? Because even like I said, there is still a lot of uncertainty, but functioning is still going to happen. How fast can value move? How cleanly can it settle? What happens when stress shows up at the currency layer inside of the equity layer? What happens? Those questions don't dominate calm markets. This is not about a calm— this is not normal markets. Rational markets are what's being argued. With people, right? They're, they're arguing rational markets. Like, you got a point, but what happens when the markets are not rational? What happens when they need to sell their stuff? What happens when Japan continues to increase their rates? Because when you watch them continue to increase their rates, all it's saying is that this debt is becoming more expensive, and people are not going to sit and do nothing when their debt is becoming more expensive. It's just common sense, right? It's just common sense. Um, let's see. Um, Michael Burry has issued warnings about the substantial consequences for the U.S. market bonds resulting from this. Unwired further validated XRP specialized utility as a non-correlated settlement asset. Absolutely. And it doesn't need a Clarity Act. First of all, it already has the clearing And you, you gotta understand, people— necessity is— when somebody needs something, when there's an emergency, they're not looking at, oh, let's figure out what Congress got to say about— no, they're not looking at that. Things change when you're in an emergency situation. I'm not saying how long. Right now it's unwinding, it's unwinding. Even if you look at the USD versus the, the yen, the USD dollar is declining in comparison to the yen, okay? And that's why, that's why the Fed is looking at and trying to figure out, well, how— what's the prices if I sell the US and I get the yen? All right, that, that's why they're even asking this question. Okay, so let me be, uh, very clear about— I want to be extra clear about how I'm thinking about all of it, because this is where people get pulled in different directions. And I know somebody just mentioned that, like, other people have different directions. Okay, and I really want to just I hope you guys hear me. I am saying that when the markets get stressed and something needs to happen, this is when this all plays out. So when, when the environment starts changing in that direction, most people are, are gonna jump to outcomes, okay? They want to know, uh, what, what's gonna crash, what's gonna explode, what's gonna win next, you know? That's all the hype. That's all— that's the hype part, okay? I'm gonna keep bringing you guys back to sobriety, okay? Almost like robot thinking, okay, to emotionless movements, okay, to strategic thinking, to intelligent-based analyzing. That's what I'm here for. This is not hype. I'm just laying out what's really happening like it's happening, y'all, okay. So what I'm trying to ask my mind, and, and I try to bring you guys in on what— how I'm thinking about this, what assumptions. And this is how, this is how I'm thinking. It's going to be very volatile, um, very, very volatile. Okay, and, uh, and I think a lot of things will crash before it soars. Okay, um, it's hard to not act— yeah, and that's why I've been saying this for a while. So hopefully y'all get in position and stuff. I already told y'all, it ain't no big, big deal to me. I even told y'all I have XRP. This is why it's so not hype-driven on my end. It's so not hype-driven because if it was, I'd be like, XRP to the moon! Even when it kept going up, even when it went up over $2.30, I said, nah, I ain't buying till it come back under $2. That's not hype-driven. That's actually like, people— if people wanted to— and I'm sitting here saying, nah, I ain't gonna buy till it come back down to $1.83. Then I told you guys, I have limit orders all the way down to $1.50. I got it all the way down to— and then I keep telling you what I have my limit orders at with, because I'm thinking opportunity. I know y'all wanted to just go off.. But I think the crisis has to come first. Now, I'm not saying like, you know, the Clarity Act— if the Clarity Act were to come, yeah, I think that would have been able to move things. But until the Clarity Act is final, this is at play, okay, with what could happen. So again, my— everything boils down to what assumptions stop being safe when calm markets are no longer the default, okay? The things you assume, what do they meet at a dead end? What's the dead end, right? Because For years, the entire system has trained people to believe that— this is why y'all can't understand this. Some of you all, or some people, I don't want to say you guys, a lot of you all understand it. The system trains you how to think, and it's trained people to believe that liquidity will always be there when they need it, that funding will always be available, that markets would always reopen tomorrow and function the same exact way it did yesterday. And in that kind of environment, you can afford to be as sloppy as you want to be about how things are going to move and settle. I get your reasoning in that. But when stress starts showing up at the currency and funding level, those assumptions are going to get tested, and they're going to get tested really fast. And that's where, for me, when I stop thinking in terms of like, okay, trades, like what can pop, what can pop and drop and all of this other stuff. No, I'm not thinking like that. I'm thinking in terms of capability. Again, very simple. What can move value when conditions are not perfect? What doesn't rely on long chain or intermediaries all behaving at the same time? What still works when the market gets completely volatile and chaos comes? What works? Do y'all know what works when that happens? I'm sure y'all know by now. That's So that's very different from how most people are looking at this. Okay. And I'm trying to dump my brain so you can get it. This is where I think a lot of the debates that people get stuck in, including, you know, XRP, this is where they miss the point because they are arguing from a calm market framework. They are assuming like, why do we need this when things already work, right? Systems don't get built for easy days. They get built for days when things stop working the way that people expect them to. And I don't think people are getting that. So when I'm looking at XRP, and yes, buy fear, buy fear, buy fear. When I'm looking at that, I'm not asking whether it makes sense today in a perfectly ordered environment. I'm analyzing whether it makes sense in the kind of environment that starts to form when currencies are under pressure, when funding is repriced and settlement speed is going to matter. And it's also why I'm careful not to frame this as something that has to happen on a specific timeline. This isn't about calling for a date or a prediction or a price. It's about understanding what becomes valuable when the system's priorities change. Do you have an answer for that? If, if you thinking calm markets, that ain't the answer. You gotta shift. Now, and then at the same time, it's also where restraints matter because not every stressed environment turns into a crisis. Not every shift leads to a collapse and and, and reacting emotionally, like chasing moves and forcing positions and all of that stuff, trying to front-run everything. Because that's what, you know, people will even still look at what I'm saying and they still— it's still emotional, it's still, well, what moves can I make? We're chasing them and forcing and all of this other stuff. It— that usually does more damage for people than sitting with a just a clear framework. I have a clear framework. I don't, I don't need to— I don't have the greed I don't have the fear. I don't have this FOMO. I don't have this panic to sell, panic to buy. I don't have none of that, y'all. I'm sitting here breaking it down in, in pure what I would call intelligence, analyzing it at every point. I see it in the calm, but I also see it in the stress, and I'm watching for signals. I'm paying attention to where pressure is building. There is pressure building. I'm paying attention to how policymakers are behaving. Right? Not just what they saying. And I'm asking whether the tools and the infrastructure that I'm watching are designed for calm or stress. What are they designed for? Mine, the ones I'm invested in, are designed for stress. I know that. I'm not miss— I'm not deceived. I'm not— I don't misunderstand this, okay? Some people misunderstand it. XRP is very good at what it's meant to do. And I'm gonna, I'm gonna— if this ain't clear now, I'm gonna make it clear with my members today. I'm gonna make it clear exactly what XRP is designed to do and what makes it— where the real focus is. I'm gonna make it very, very clear, okay? Remember, the people— and let me just say this, because of all the FOMO and the hype and stuff like that, people who do best are not the ones who predict everything perfectly. They are the ones who understood the environment well enough to not be surprised by it. That's it, right? That's the mindset I'm bringing into this moment, and that's what I'm giving you guys, the way I'm looking at it, right? I know what it's designed for, and I know what I see. I know the pressure that I see because I'm following it, okay? And so, um, say I'm operating like a Vanguard. Yeah, if y'all— so if, if you think everything's gonna work out smoothly with all the geopolitical tension, with what we see happening with other commodities, with the wars that are at hand, with the global reset, with how the devaluing of the dollar, with inflation, with debt being a structure, not just a problem, a structure, okay? Um, if you think everything gonna stay and remain the same and your savings and your dollars are just gonna do everything well and there's not going to need— there's no solutions that are going to need to be here, by all means operate under the traditional framework that you've been operating under for the last 100 years. Um, but it's really good to try to see the signals of what could happen tomorrow, okay? And not have to feel like it's— it needs to be rushed. I'm not ever saying it needs to be rushed. I am always long-term. I keep telling y'all that. Right? But I don't think you— I, I think some people who— they just don't get what XRP does and what it was meant for. They don't get it. It ain't for you. So if it ain't for you, then you got to find out what is going on with the institutions, because they're the ones that are going to give you the signals. We're not going to give our— we're not going to give each other the— our hope and our dreams of what XRP could be. Like, if We all hope that it could be something special, right? But our hopes and dreams are not going to make this happen. Why? It wasn't meant for you and me. And I think people still misunderstand that just because they hold it. It still wasn't meant for you and me. It wasn't meant for retail. So you have to watch institutional activity to know what's happening, right? So thank you. I appreciate that. I appreciate that, right? I'm looking at some of these comments. And remember, like I said, uh, Japan is looking at XRP as a financial infrastructure too. SBI Holdings, um, have been long-term Ripple partners. They are— XRP is available on regulated Japan's exchanges. There's a lot happening. Say, what's happening tomorrow? I don't know what's happening tomorrow. Um, why are people saying the hardest thing is— uh, why are, why are people saying the hardest thing XRP holders have to deal with is how to sell XRP? Well, I, you know, honestly, I think the hardest thing is trying not to sell XRP. That's going to be the hardest thing for most people because most people are very emotional, okay?. And you gotta look at, uh, I have a video that I, I did, and, and I'm going to be honest and say I think it's the most important XRP and wealth video I've ever done. And I've already done it, all right? Um, and I, I really help you to understand in that video. I think it's going to come out Thursday or Friday. I really help you understand exactly what how the future of what XRP could look like, and I take my time with it. And so, um, again, make sure you subscribe and stuff because the videos that I'm dropping are really going to keep you abreast with everything. But, um, long story short, yeah, like, it's going to be hard for people to not sell because if XRP reaches high digits, people gonna want their money, all right? So you're gonna have some profit taken, right? And, uh, but they're gonna lose the opportunity, for compounding effects, for yield, for borrowing against, they're going to lose a lot of opportunity of what that asset can, uh, become for you in the future. Like, so, but I walk through that. I can't even— I'll do a disjustice if I even share off the top of my head. I go through this in this video. It may be about 24 minutes long, I think, and it walks you through, um, in a, in a very clear way exactly the game plan that is at mine, not just for XRP, for any asset that you're holding, um, that, that will have that level of opportunity. So, and, and this is the best summary: it will become a tool to make passive income. It will, um, it will. And I walk through it and I, and I give you real— I give you game on it. I promise, I promise. And maybe— I think a lot, a lot of this stuff is staged. I think a lot— I think the crisis will be manufactured. I think all of it is. I, I— it's a part of me that think that the whole Ripple case was planned. Who knows? Like, um, you may never have to say— I believe this. Um, uh, elaborate. I'll elaborate some more. I got some videos where I'm going to be explaining this a little bit more. Look, somebody says, say your It's a lot of people that, that understands this, trust me. Uh, borrow before you sell. Um, a lot of, a lot of people, um, yeah, bet I just subscribed. Yeah, absolutely. I got some great videos, trust me. Um, you can wrap it in flair. I already have some wrapped in flair, right? Um, Coach B said, oh, can't wait for this. Oh yep, yep, yep. Um, I got it, and like I said, I'll drop it either Thursday or Friday. It's coming out. Um, and so thank you so much. I appreciate all of you guys for this. Uh, if you structure, uh, borrow against it, absolutely right. So I am— call finance lawyer if you make a big chunk of cash. Yeah, yeah. I mean, you, you set your stuff up. You, you're definitely going to want to set your stuff up. I, I think, you know, you should put some structure around everything. You might need, you know, have your stuff in a trust. You know, you got the irrevocable trust, you got a revocable trust. You know, you, you have your LLC holding companies. There's a lot that you have to get. What's up from Italy? What's up? Um, there's a lot you have to get in place. Um, uh, ETFs like will offer staking reward or, uh, no, you know, the ETFs are just gonna give you exposure to the price. Um, but in a brokerage account you can borrow against, like you can use your, um, assets in your brokerage account, um, and as collateral in a sense. Like, so at some point, yeah, if you, if you build a nice position with the ETF, but the ETF just gives you exposure to the actual price. But you're probably going to have to have the actual spot XRP in order to have these different, um, like these, these different variables of what you can do with XRP to produce more passive income. Like, uh, but I'm not gonna— I'm nothing against the ETF. I have a little bit of the ETF. Nothing against them. You will be able to borrow against Uh, with ETFs, yes, you can. You can use them as collateral. Um, so, but I, I— there's going to be more options if you have the spot ETF. Like, you can't wrap the ETF in Flare. You can wrap the XRP in Flare. You can lend it, you know, you can borrow against it, you can lend it to yourself. It's all kind of things you'll be able to do. Um, but I explain everything. I, I, I came at every angle. I came at every angle. Of pretty much how you could possibly use this asset to create 7, 8 streams of income. I come at every single angle of the wealth-building capabilities. I leave nothing on the table. By the end of this video, you will, you will have a real game plan, and brilliantly, it, it will be brilliant, right? And if— and, and you'll be able to just keep watching it so you can understand what the game plan, and I walk you through the different stages. Like, in every stage you feel like this is it, and I say, nope, this ain't the end. And then I go to the next layer. It's like I build on top of layers in this video. So I want you to, uh, look out for that video. I, I don't— I haven't even named it yet, but it will, it will be talking about, um, this in the video, and it will be out, like I say, Thursday or Friday. Um, so can't wait for the video. Yeah, yeah, it, it comes from every layer And I really believe when— and when I finished the video, I said, I think this is the most, um, important video I've ever done up to this date about XRP and its wealth-building, uh, capabilities. So, uh, patience is definitely virtue, um, for sure, right? Study the XRP, uh, 3.0. Yeah, like, study— somebody said life is just a fantasy. Uh, you know what, the way I look at it is it got the music playing too. I wonder what that means. I would love to pick your brain. But you know what I will say? Reality is negotiable, right? So reality is negotiable, okay? Um, I'm laughing at some of y'all comments, but anyway, I appreciate all of you guys. Um, I'm just trying to let you— I always let you in on how my brain works with this stuff and why we're doing what we're doing. You know, at the end of the day, if I can make it very simple, this is what I say: we gotta build, right? We gotta have something we're building., right? So that we can borrow. We build, borrow, and we die. I mean, it's just that simple. Just like I went over, you know, uh, uh, Robert Kiyosaki got a billion dollars in debt, so, um, connected to his real estate. You think he care about paying that money back? Absolutely not. But guess what? You can't borrow against nothing if you ain't got nothing. What do you got? You— what did you build? What did you invest? So it's a method to the madness. I'm not just telling y'all to load up and get, get, get your investments and your assets together for nothing. You're gonna be able to do a lot with it without having to sell it and, and trigger capital gains. Like, there's so much. Um, thank you so much, Anita Moore. I appreciate you so much for your generosity. Now, I am, uh, do you need a certain amount? No, I don't think you need a certain amount. Um, but obviously, you know, if you got $10 worth of XRP, you're not going to get much on a yield. It's just like, you know, it's just like putting your money in a high-yielding savings account. You know, if you got $100, you're not gonna make much.. But if you, if you, but think about this, um, that's a, and that's a good question. Think about this, even for now, if you have a small amount of XRP and it appreciates, now imagine it appreciating over time, right? Like constantly, you know what I'm saying, appreciating, and you're getting yield on top of it while it's appreciating, right? And then you're able to borrow against it, or you're able to take some and, you know, uh, wrap it in Flare, make more yield off of it, like take portions of it or, you know, it always just use a simple— and, you know, a simple analogy of like you borrow against it, then you take it and then you invest it into real estate or a cash flow business, right? And then now you invested that into a cash flow business. So guess what you're making from the cash flow business? Cash flow, right? And then you take that cash flow and you, you buy things or whatever, and then you have it under your business or whatever. You have it established under your business. So then whatever you buying, you writing it off. Stuff, like to save on taxes and stuff. But then also you didn't trigger taxes when you borrow against it, so you save on taxes. It's tax-free. Like, this is why people live off of debt, but you gotta do it smart. You can't do dumb debt, you know what I'm saying? Like, you're gonna like spend money on liabilities and stuff like that. That's not the way you use debt. There's dumb debt and smart debt, right? And so, um, the government doesn't want cold wallets because they can't tell you Yeah, you know what, and, um, you know, one of the things I keep telling you guys too is that, um, you know, take— you know, you might want to take your stuff off the exchanges, right? You want to take them off the exchanges and you want to put them in a, you know, on a cold wallet, a brokerage, somewhere else. Because I, I think it— the exchanges can keep your money. They can decide we, we're not giving you yours. You, you know, if there's an event that happened on exchange, they can say We ain't giving— we're not giving you your XRP, right? So take it off the exchanges. Uh, which video is— it's not going to come out until like Thursday or Friday. Uh, right. Um, I'm just looking at— I'm waiting on yield for all crypto. Yeah, a lot of people are, a lot of people are. Hit that like button for me, please. Thank you so much. Um, been— I'm a little late on some of these. Been laughing. Thank you. So I appreciate you so much. Um, Um, you guys are so generous. I thank you and I appreciate you. I'm grateful for all of you all. Uh, I'll have the link in the description, um, for that. And, uh, as a matter of fact, um, I do believe that you guys all need a framework to help you to understand. We just got off an amazing coaching session, by the way. I promise you, we just— I just got off of a 2-hour live session with my coaching members and we rocked. I mean, man. But you need a framework that helps you to understand why things are changing so you don't get, number one, shaken out, distracted, pushed into decisions that don't really fit what you are trying to build long term. So if you do want help with that, I see some people asking about the coaching and you want that kind of clarity with, you know, understanding the market structures, positioning. That's what we do inside the coaching program. We are building plans, we're reviewing portfolios, helping, um, my members to make decisions that can actually live, um, you know, that they can actually live with, you know what I'm saying, as they're planning out through these market conditions, through the environments changing, because so much is changing so much. And so, uh, with the changes that are happening, we're trying to position ourselves intelligently around that. So, and then also, if you want to deepen your understanding of how markets work at a foundational level, uh, like rates, liquidity cycles, all of that, Stock Up University is real good. The link is in the description. And then let me just say this real quick because, um, I had a video where I was talking about where you should move your XRP. I think you should have— I told y'all, I like diversity. I like some on the cold wallet, I like some in the Roth IRA, I like some, you know what I mean, on an OTC desk where I can make a sale and, and purchase without having to wonder about the exchanges, right? So one of the ways I'm personally positioning my holding, uh, some of my crypto is inside the Roth IRA, right? So when the assets do appreciate, I'm not creating a tax problem on the back end. It's tax You know, it's no taxes. I don't have to worry about that. Why am I doing that? Because it's smart. Every smart investor knows to put your assets in a Roth IRA, okay? I use them because it's institutional grade custody and they're building this the right way. They offer crypto, physical gold, silver, premium accounts. They're very intentional about how they're going to roll out yield. I've talked to them. They got stablecoins coming out with and potentially other assets in the future. Um, with, um, with Yield. So, and, and I had a couple of people ask me like, but they're sponsoring you. Yes, they are sponsoring me. I'm transparent. But here is the truth. The truth is I was pushing for them before they even reached out to me. They saw that I had a link in the description of the video without even talking to them. Why? Because I had already had an account with them. I already had a premium account with them. I had already dealt with their customer service. I was already pushing their stuff. I have found an affiliate link on my own to send to people because I'm like, this is what people should be doing, right? And so, um, so then yes, they reached out and, uh, we're in partnership. But it was easy for me because first of all, I'm not pushing anything that I would never do. And I like the fact that I didn't go into partnership and then start making moves. No, y'all, if y'all look at my videos in the past, I been saying that I was putting my crypto in Roth IRA. I've been telling y'all that for a while. So, um, I just wanted to get that out because people were thinking that I was giving the information because I was in partnership. And I'm like, no, they came to me after. Same thing with Caleb and Brown, right? The same exact thing. I took my stuff off the exchanges, I put it on Caleb and Brown before they came in partnership. I had dealt with their customer service. I love the fact that I can call my broker. I was telling people about it in my membership, and so it's easy for me, okay? It's easy for me to push you to them because I don't care if I was in partnership with them or not. I've been pushing them. I'm gonna do it anyway. And I would never tell you that if it weren't true. I wouldn't. All right, so now with that being said, all of the links are in the description. And after this video, I will be talking about Bitcoin, my thoughts on Bitcoin, uh, they have changed. And I want you to really understand, what these investments are and what category of investments I'm really leaning into and why, because of what's happening. So I'm going to go even deeper. I always go a little bit deeper with my members. And you're not— if you want to join, you can hit the join button. It's $3.99 a month. And, um, you are not paying for this information. You are supporting the channel. Um, the, the $3.99 supports the channel, and this is just my way of saying thank you for supporting the channel. I'm going in there, I'm going to do some Q&A and, uh, and rock with you guys. So I'm not going to be— let me look it through the comments and make sure nobody sent the Super Chat or anything. Um, how much XRP do you have to— you, uh, there is no certain amount. And actually, with Caleb and Brown, you can actually just move XRP. You don't have to put money, you can just move a little bit off the, um, off your exchange or cold wallet or whatever. I moved all mine off. I already had my long-term in my cold wallet, so make sure you have your long-term in your cold wallet. But all of the stuff that was on exchange and the little profit taking that I wanted to have, I moved that into Caleb Brown because I'm not going to get my XRP like, like locked up on exchanges and all of that other stuff. I would really just rather know what my fees are. I don't want any slippage. I told y'all I purchased XRP at $1.90 and it on the exchange on October 10th it said $2.35. So somebody sold me their XRP at $1.90 when it was really $2.35. That type of slippage is an absolute no-no for me. I would really rather know how much is this going to cost me to sell, and I need a guarantee that I'm gonna sell, and I have that at Caleb Brown, so I'm good with that. Um, yes, XRP, a good start is 1,000 shares to work towards. I think that's a great amount, um, to work towards. It ain't spot. Somebody said if it ain't spot, you ain't got it. Well, yeah, technically that's true. Again, the ETF just exposes you to the price, okay, but you don't own the XRP unless you own the XRP. Um, hey, what's up from Florida? I see you in the house. And I'm just going down real quick through these. Just $2 is expensive. Um, it's expensive. Um, that's, that's in context. In context to what? It's expensive for um, somebody who maybe got it at 30 cents, possibly. But is it expensive to somebody who got it at $3.40? Uh-uh. Is it expensive to somebody who has absolutely no XRP? I don't think so. So that could be true or not. Um, yep, uh, VeChain is, is, uh, in, in the culture. Yeah, in the culture. Yes, yes, yes, yes. We just got off, and I, I was just saying, we just got off an amazing, um amazing, uh, live coaching session. And she's there rocking it. Kasaya is rocking it, and we all building in the right direction for sure. All right, uh, why so serious? I don't know, I get serious sometimes, but honestly, like, I'm a real laid-back person. I'm a real cool person, y'all. I promise. My kids will tell you. Unless they don't clean up, then that's when I get a little serious. Bree said, believe what she tells you. She was shooting with them in the gym before the ball on the court. Yes, yes, yes, go talk! I love it. All right, all right, so guys, I, um, I was just going through the last of the comments, just making sure. Um, I got a little Casper, um, not a strong position, but I do have some Casper, and, uh, I bought it when the markets were dropping as, as well. I put the link in the description for, uh, the coaching. And again, I'm gonna go— thank you so much, uh, Truth, uh, Over Every— I like that name, Truth Over Everything, I love it. Thank you so much, um, everybody. Um, all right, facts, the FUD around pricing. Yeah, yeah, uh, the, the people is low, uh, the institutions are loading up. The, the institutions are loading up, y'all. So you got to watch where the money is going. All right, so I, uh, I did talk a little bit about ZB, uh, uh, ZBEC Network anyway. So I'm going to, I'm going to go in now with my members. Y'all give me about 5 minutes. Uh, like I said, I'm gonna, I'm gonna break down some things. I'm gonna do some Q&A, um, if you guys have questions in there. And I think you all will appreciate what I'm about to share, uh, about, um, it's just gonna make you more educated. But I'm gonna go in depth in this and you'll understand, uh, the difference between, uh, you know, a little bit more about XRP, but also Bitcoin and what it is and not capable of. And so yeah, the bull market, uh, the bull market continues. I made some money off of, uh, I went into Apple swing trade today and made some— I mean, Apple moved from like $2.50 all the way to $2.55, so, uh, it had a good move today and, uh, I made a little money off of that. All right, I'm gonna go in with my members, and again, the link is in the description for all of those, uh, those services that I just spoke about. And, uh, listen, we're gonna continue to move forward. I'm gonna continue to inform you of everything. Make sure you subscribe because remember, those videos will be coming out And tomorrow, like I said, I'll be talking about the New York Stock Exchange going on-chain 24/7 trading and my thoughts on that. I take a slightly different angle, so make sure you're on the lookout for that. And as always, I want you to stay wise, stay wealthy, and I'll see you guys in the next video. Peace out.