In this YouTube video, Crypto Mason (the host of the “Crypto Mason” channel) delivers a rapid‑fire market update and commentary aimed at his “Gold Squad” audience. He opens by noting that June 28 2021 marks the start of Basel III requirements for European banks to hold unencumbered physical gold, interpreting the rule as a potential catalyst for a broader “Great Reset” in finance. He then reviews the day’s crypto price action – Bitcoin hovering around $34 k, Ethereum back above $2 k, XRP at $0.64, and a green‑day trend across the top‑100 coins – and speculates that a stable‑range between $30‑40 k is sufficient for the short term. Mason critiques a Mexican billionaire’s endorsement of Bitcoin, arguing that regulatory clarity (especially the pending XRP lawsuit) would make XRP the logical choice for banks. He highlights recent Polygon‑based algorithmic stablecoin failures (SafeDollar and Iron Finance) as cautionary tales. The video culminates with a call‑out to Elon Musk, urging him to mention XRP or Hedera (HBAR) at an upcoming Bitcoin conference, suggesting such a mention would trigger massive price moves. Throughout, Mason intersperses personal anecdotes, jokes, and references to broader narratives (Mark Carney’s “new monetary system,” Quant’s OVN gateways, and the perceived hypocrisy of centralization critiques). He ends with a brief demo of the XRP ODL Rosetta transaction monitor and a standard sign‑off encouraging likes, comments, and link clicks.
Chapters
What is up? I am Crypto Mason and welcome back to the Crypto Mason YouTube channel. Shout out to all of the Gold Squad members for tuning in every single day. We look for gold in every single aspect of our lives. Now you guys don't even understand how hot it is in in British Columbia. We are going to get into this video. We've got some really good stuff, um, really good stuff in this video. Basel III is today, apparently. June 28th is when Basel III kind of starts, starts moving, I guess. Now obviously I don't fully understand Basel III yet because I don't fully understand how the, the inner workings of, of the banking system work. But I do know it has to do with liquidity, gold, right? Proving physical gold, uh, proving that they hold physical gold or something like this. And it, it's, uh, something that all the banks have to, have to meet, so, or have to upgrade to, kind of. But that is today, so June 28th. Maybe we see something happen, um, but let's get into the markets first. Bitcoin, $34,000. We're back in the green. Ethereum's back above $2K. Okay, Ethereum's doing work, 13% up. Um, so one thing I want to say is I don't think you can— I don't think you can maybe expect— like, I think we're gonna have this lull period. We're still in it, clearly. In my opinion, if we— as long as we keep bouncing between $30K to $40K, I'm chilling. I don't care. Um, and I do think there's going to be one catalyst that's gonna kind of ignite another kind of run maybe. Um, and we're gonna cover that in this video. Tether sitting in third right now. Um, Cardano, XRP 64 cents. Um, what else do we got here? It looks like a green day. It's green day. Um, so wake me up when September ends. It's green day, 18%. Let's see, let's see the biggest gainer here. Compound, Kusama, I'm wishing I still had my Kusama. Zinfen has been doing work as well. Zinfen has definitely been doing work. Let's check the biggest loser today, TerraUSD. Okay, look at that, everything in the top 100 is green. And how you know is because these are all stablecoins, uh, which are just fluctuating a little bit. Now I want to show you guys something with Bitcoin dominance. Look at this. Remember when we were watching this climb all the way down? All the way down, just consecutive red candles. This, we had a huge green candle here, up, pull back, and now we're climbing back up again. But look at this in 2017. What happened in 2017? Look, huge drop, pull, uh, go up, pull back, and then continue up. So what I'm trying to say Hold on, where is it? Oh no, it's right here. No, it's right here. Huge fall, but then we slowly, slowly came back up on Bitcoin dominance. I don't know if that's what we're seeing here, right? This huge fall and then slowly climb back up. I don't know. Or we're seeing this fall. I don't know. But Bitcoin dominance, I don't know. Um, I don't know. We're just going to keep watching this. We're going We're gonna keep watching this. It's up to 46 right now, so that's very interesting. Now look at this: Mexican billionaire bullish on banks adopting Bitcoin. Why though? Please tell me why. Why are they gonna opt for something like Bitcoin? It's absolutely stupid. It is just completely stupid. Now they do kind of have to like fight against Bitcoin by joining it, kind of, but why can't we just get, get get to using XRP already. Get to using XRP. Like, it all is dependent on this lawsuit, man. This lawsuit depends everything, because once we have regulatory clarity, which they should— in my opinion, they should just deem it a currency because it is. It's a digital currency. It would be stupid to call XRP a traditional security. That's dumb. That's completely dumb. Security token makes a little bit more sense, but still it does not make sense. So he says he's working on his— this is the same guy we saw yesterday in the video, same dude. He recommends the use of Bitcoin and said his bank is working to become the first in Mexico to accept it. So what I don't get is like, I'm so hardcore XRP, my top 2 holdings, it's in my top 2 holdings, um Like, why are the countries even bothering with Bitcoin? Why are the countries and these banks and stuff even bothering with Bitcoin if it's gonna get phased out? Why are they even bothering? Um, is that just something that's gonna crumble? We will have to see. A lot of people are betting on that just crumbles. Um, so we'll see. Polygon project— look, look at this. SafeDollar has just crashed to zero. After an attack. This is the second Polygon project after Iron Finance, which was the one that Mark Cuban got rug pulled on, um, which I highly doubt. Well, he actually didn't lose any money, I don't think. He got out right before, um, but I think he's using that to push regulations because right after it he's like, damn, we need more regulations in this space. So after Iron Finance, another Polygon-based algorithmic stablecoin has crashed to zero. They stole— they drained almost $250K from the liquidity pools. So please be careful what you're using, folks. Please be careful, um, what you're using out here. And the final piece of important news— I guess this isn't that important, actually, I think it is, I think it is— Elon Musk is going to speak at a Bitcoin conference with Jack Dorsey. Now this might kickstart because this is in July. I forget what date it is, it doesn't even say. Oh, 21st of July. Um, so this could kickstart something. What if he talks highly about Ethereum and announces something? If he doesn't use this to announce something, Elon, your IQ points have dropped. Elon, your IQ points have dropped if you don't use this to stir the pot again. Stir the pot. This is a message to Elon Musk. Everyone clip this and send it to him on Twitter. Elon Musk, mention XRP. You know when— you know when you said Tesla's looking at other, other cryptos to use? Yeah, we know what you were looking at. You were looking at XRP and you were looking at HBAR. So talk about it. On stage and say, hey, you know, uh, this Bitcoin thing is legitimate garbage compared to something like HBAR or XRP. Say that on stage, stir the pot, and get shit really going for us. That's my message to you, Elon Musk. Um, so do it. So do it, bro. Um, crypto Imagine the price pump of something like that if he mentioned that he's working with Hedera Hashgraph with Starlink. Imagine the price pump. Something would go down, I think, or something would go up. You gotta watch this language we're using, man. See, then again, I said man. Why am I talking about man? Let's talk about the woman because she's left out of everything, especially Father God. Where's Mother God? Come on, it is funny. Here's Crypto Doc right here. It is funny. You said— you guys said you want the spiritual, so I'm, I'm gonna keep adding tinges of it in here, um, until I come up with a decoding video that we can do a full video on. I have one in the back of my brain, but I'm just wondering how can I explain it properly. Crypto Doc right here. It is funny that HBAR gets hated on for having big corps on this council. This space is so hypocritical. If any of these corps were in other coins, people would be celebrating it. Imagine if some of these other coins— imagine if Cardano got Google to work with them, you would be celebrating. Um, you have influencers complaining about centralization and then pumping Binance Smart Chain coins. It's comical. Literally so true, so true. Esoteric XRP right here. Beginning in June 28th, 2021, which is today, Basel III rules will first require European banks to hold unencumbered, uh, physical gold valued at 100%. It appears Basel III is the switch for the Great Reset. It's designed to shut down the small banks, then medium, then large. Okay, so this is, this is very smart right here. This is very smart. Now what do you guys think? A switch flip? I mean, Basel III definitely is a necessary step to get some of these banks, um, like shaking shit up in the banking. So very good right there. Jeannie right here says, here's the deal, they build the infrastructure and then feed you a narrative to implement publicly what has already built in private. There is always an agenda, and for those who know the script, they can see the end before the beginning. Correct, all correct. Gold Telegraph says, breaking news, the former Bank of England governor Mark Carney said the world is heading for a new monetary system. Potentially with a greater role for distributed forms of finance. Surprise, surprise. Here is his source, centralbanking.com. He has said it, folks. He has said that. Here we've got some NewsQuant. He says no need for Binance once the gateways are activated. Think about that interoperability over network, over Ledger Network, directly from Gilbert's mouth. Look at this. He says, the thing is, when OVN goes live and gateways interoperate, there won't be a need to Binance. Gateways, uh, can facilitate digital asset transactions across OVN for any user or enterprise. Exchanges will have their place for retail trading, and we will select regulated ones for crypto fiat conversion. So he's saying Binance becomes irrelevant. That's very interesting right there. I think Quant— hold on, why don't I follow Gilbert? Uh, I think Quant is like— I still don't understand the, the depth of Quant. Wait, is it Elon Musk's birthday? Is it Elon Musk's birthday right now? It is Elon Musk's birthday. Wow. Um, moving on. I had to ignore his birthday. No, happy birthday to Elon Musk. Hopefully you have some kind of good intention. Now I wanted to show you guys this: XRP ODL Rosetta. You can see the live transactions. Look at this, from XRP to fiat. I'm yawning so much because I barely got any sleep because it's insanely hot and it's kind of impossible to sleep. But look at this, this is a cool website right here. Um, you can go on to this and watch it. Pretty cool. I would like to put this on like a TV screen and just watch it and feel like a boss. Um, yeah, we got whale alert right there. So very cool right there. But that's all we've got for this video. Thank you so much for watching. Make sure you drop a like, comment, all that bullshit, um, and check the links in the description. But thank you for watching and goodbye.
