In this high‑energy YouTube update, Crypto Mason (Mason Versluis) delivers a rapid‑fire briefing on the day’s most bullish utility‑focused crypto news. He opens with a critique of Bitcoin’s limited utility and a market snapshot showing Bitcoin hovering around $29k and Ethereum near $1.8k, forecasting a slow‑summer bear market for Bitcoin but an upcoming alt‑coin utility rally later in 2021. The core news items include: (1) the Flare snapshot airdrop to XRP holders, granting both Flare (FLR) and its canary network Songbird (SGB) tokens, with details on allocation ratios and the concept of a canary network akin to Polkadot/Kusama; (2) an update that Flare’s mainnet launch is delayed, with the final security audit now expected to finish end‑September. (3) a highlighted clip of Quant’s CEO Gilbert Verdian announcing the creation of a “Latin American dollar” via the LAC Chain Consortium, leveraging Quant’s Overledger technology across 12 countries to enable faster, cheaper cross‑border payments. (4) commentary on EU proposals to ban anonymous crypto wallets, framed as an attempt to turn crypto transactions into wire‑transfer‑like surveillance, which Mason dismisses as over‑regulation. (5) mentions of Rothschild Investment Corp’s 300% increase in Bitcoin exposure and additional GBTC/Grayscale Ethereum purchases, plus Enjin’s joining of the UN Global Compact as the first NFT ecosystem to do so. Throughout, Mason mixes bullish enthusiasm for utility‑driven projects with skepticism toward regulatory moves, urging viewers to stack alt‑coins now, follow his socials, and stay tuned for the predicted utility run.
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What is up? I am Crypto Mason and welcome back to the Crypto Mason YouTube channel. Shout out to all of the Gold Squad. We look for gold in every single aspect of our lives and we always find it. This is the most insane day. I just woke up and I'm bombarded with bullish ass news. Not for Bitcoin, because what the hell, we— what is Bitcoin gonna do, right? It's for utility, real shit, okay? Drop a like on this video because your mind is about to be blown inside of this video. Your mind will be blown because my mind was blown when I woke up to all this, this amazing utility, real world stuff that's going to change the world. Bitcoin has done its job, man. Bitcoin has done its job. We don't need you anymore. Technically, we don't need you. I'm sorry, you're going to $29,000. Look at this absolute, absolute tortoise, uh, turtle moving so slow. Freaking slug Bitcoin, $29,000. Okay, Ethereum $1,799. Um, look at this, 1.2 trillion on the market cap. Volume is, uh, way bigger than yesterday, 63 billion. Today, 46.5. Look at this, we can actually see it's about to drop under 1.19 right there on the, on the trillion. This is insane. Like, this is insane. Um, as for what's going on, man, it's like we're gonna have this slow summer. I'm telling you, it's going to be basically a bear market in the summer. That's what I'm saying when I say slow summer. It's basically going to be a bear market in this summer. And then at the end of the year, I am predicting a utility run, or that might come sooner or later. But for 2021, I am still thinking that we will have a proper altcoin season. We had a shitcoin season Okay, most of the gains you were seeing were not even from real shit. Like, sorry, my voice. I just woke up, saw all this stuff, um, so I'm clearing my throat when I mute the mic. But we need to get into it. We need to get into it right away. I'm gonna put this at the start. Actually, let's, let's reverse the order because we have this shit. Like, look at this, dude. Songbird. Okay, so what just happened? What just happened is basically the XRP Flare snapshot participants are receiving 2 tokens. They will get Flare Spark token and they will get SGB Songbird. Okay, amazing logo right there, Songbird. So essentially this is, um, a canary network for Flare. A canary network, as you can see, it's defined right here. It's a blockchain, an operational blockchain with a token supply that's intended to be used to test features for a related mainnet. So essentially they are comparing this, they are comparing this, and you can see it in their article right here. They're con— they're, uh, comparing it to Polkadot, which is the originator of the canary network concept. And they have Kusama. So as you know— oh my goodness, look at Polkadot's price, $11. Insane accumulation, dude. We're getting blessed, we're getting blessed. Like, if you guys didn't stack up, you can stack up now. We basically had half of a— half of a freaking bull run. We didn't even do anything. Like, that was nothing. $64K, pathetic Bitcoin, man. So this has Kusama, and you guys know I'm a bigger fan of Kusama than I am of Polkadot. I'm a bigger fan of Kusama than Polkadot. So basically Songbird is like the Kusama, which is insane, and you're getting airdropped this for free. So you can read this, I'll leave the link in the description, just scroll to the bottom of the description. Look at this: for every 1 XRP that was held at the time of the snapshot, 0.1511 SGB will be allocated. Okay, so that's really amazing. Like, you're getting, you're getting 2 tokens for free. And I want to point something out actually right here. Um, so a flare, which is a spark or fire— like, a flare is usually a spark or fire. All of these words are like the same, they're fiery, right? And then you add a songbird, a normal songbird, you get a phoenix. A phoenix is a bird that's on fire. It's a fiery bird. So they just made the Phoenix. They just completed the Phoenix. And dude, my tweets are so underrated, man. Just scroll down, you'll see everything. People don't be liking my tweets. Um, but okay, you can read this all. It's a, it's a crazy thing. But guess what? Okay, this is the next bullshit. It's not really bullshit, but I did tell you guys I was— for this whole month I've been saying I really don't think, uh, Flare is going to launch this month. I've been saying that. You have heard me say that, that I don't think in July— I don't think it'll launch. I just don't think it'll launch. And guess what? It looks like it's not going to. It says Flare launch— Flare will launch after substantial testing of all systems on Songbird, with the current final security audit scheduled to finish at the end of September. So this did come with some bad news. I feel like they're trying to balance out the bad news and stuff maybe with this. But look at that, finish at the end of September. So probably not dropping. I'm gonna keep saying it because I've been saying it, probably not gonna drop. It's probably not gonna drop. So that's the first amazing news, okay? Now the second amazing news, I'm gonna put it at the front end of the video because people need to see it. Just watch this clip. Uh, thank you to Olivia right here for tagging me. Um, Ollie10k, Olivia right here, go give her a follow. Apparently she's a Quant OG, um, and her posts are amazing, her tweets. So she tagged me in this and this just blew my mind. Watch this, watch this, okay? Watch his first sentence. This is, uh, the CEO. Watch this.
One of the biggest things that we're doing is we're actually creating the Latin American dollar.
One of the biggest things that we're doing is we're actually just creating the Latin American dollar. Listen what he says.
One of the biggest things that we're doing is we're actually creating the Latin American dollar. And that's, that's quite exciting. So this is with the Inter-American Development Bank over in Washington. They've created a LAC Chain Consortium, which is the Latin America chain, and they asked us to participate and bring our technology to Latin America. And what that does is it allows us to interconnect the region. So all the countries that we're working with, initially 12 countries, will be using the Overledger technology to create it.
12 countries will be using the Overledger technology. Did you hear his ass? Some people say he has a fake nose. That that comes with the glasses, but I don't know. But he is speaking amazing right now.
Interbank network between all the different countries in the regions and then creates remittance and payment corridors between the US and Latin America. And so what this means is businesses and citizens and people on the ground will be using the Latin American dollar to trade and create commerce, which is a lot more efficient. It's a lot more simple. And quicker than what they have today. And we're proud of what we can do and really, you know, enable change and make people's lives better over in Latin America.
So look at that, okay? Literally insane. And people still ignore Quant. And I believe it's pumping in the middle of— yes, it is back up to 72, man. I'm telling you, all this thing does is that it, it returns to its previous shit at 65 and 60 and below, and then it just shoots back up. It's the recovery queen. EU, you're gonna see this a lot today. I think they're trying to make this a big deal. This is some bullshit. EU is tightening— see, see how they word it differently? Plans to ban anonymous crypto wallets. So don't be worrying about this. You're gonna see this a lot. I think they're trying to pump this news. 'cause this just came out like right now. I think they're trying to pump it. I thought it wasn't that big of a deal, but it's a pretty big deal, I guess. But it's not even through yet. Like, they're just proposing a new thing, a new bill, a new law, and it has to get through all of that shit. In the original Reuters article, Reuters, sorry. In the original Reuters article, it says, that it might take 2 years. So don't worry about this. But basically they're trying to make it— they're trying to just track Bitcoin. So along with your address, because Bitcoin is basically traceable, right? But they not— they don't know your name. They don't know your name. Your name is not connected to the address. So they're trying to get it so that they're tracking names with addresses, which essentially just makes it like wire transfers. It's bullshit. Look at this. They're trying to— yeah, they're all the— they're trying to make it like wire transfers, okay? Which is bullshit. Defeats the entire purpose of Bitcoin and defeats everything, okay? So we've got Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April. I'm not sure. Can somebody let me know if the Rothschild Investment Corp is actually directly related to those guys, or they just named it this shit because— I don't know. I don't actually know. It seems like it is. Why wouldn't it not be? Um, and you know, if they use the same name, they just obviously are. But they have bought some more GBTC and some more Ethereum from Grayscale. Okay, so needed to include that. We've also got Enjin joining the UN Global Compact, uh, to promote sustainability and equality. They have become the first NFT ecosystem to join the UN. Look at this. See, all of this shit is real utility, and it's all having some good-ass news. This is why I think— I think— I don't know, but I think think that Bitcoin and all of the alts will decouple and the alts will have some real utility run, hopefully in this year, dude. Hopefully. I'm going to try to stay true to my predictions or my, my future that I'm projecting. I'm going to stay true to it, and I have already. I've said this is slow summer. Basically, that's code for bear market in the summer. So bear market in this summer, we could see Bitcoin continue down to $25K easily now that it's just chilling at $29K. Definitely go to $25K. And, um, yeah, so that's what— that's what's up. So appreciate all of you watching. Amazing news countered with some small bad news, but that's how it works. It's all balanced. Make sure you follow on Instagram, Twitter, drop a subscribe, drop a like. And goodbye.
