So do we dump defi coins for now and pick them up again once the regulation crash is done??
crypto is moving too fast for regulators…..how can you ask celsuis cease and desist claiming lending unregulated security when you dont framework that defines what coins are securities?
You've got a big community and a good soul, Ellio. I hope you're thinking of ways to make the world a better place. It's not enough to sit by and let useless politicians decide our fate ❤️
I like your optimism but i dont trust SEC , they wont operate within the law.
Getting these videos out fast and frequent. Dedicated and confident, it is he who will lead us, to valhalla.
great video
@EllioT: I fully believe that the upcoming BTC ETF will just increase the price ONLY short terms as it will destroy the scarcity as there will be ETF on the future contracts => so these derivatives will be unlimited. It will just like be the destruction of real value of gold/silver market as the underlying is not the BTC spot => its the BTC future contract (just increasing cash related derivatives but not the physical BTC (spot). But I hope I will be wrong. Generally, there is more paper "value" in ETFs than in the corresponding underlying BTC). Limitless derivates but limited physical BTC…
This is just the beginning…
I'd argue that most of today's NFTs would not be classified as securities because they do not meet the “common enterprise” requirement. Not sure the same could be said about f-NFTs. However, I'm sure the SEC is taking a long hard look at both.
Im tired of nfts, either way i enjoy your content.
Agreed… I believe as time progresses, the cycles will get less prevalent…
ooh! ooh! ooh! ooh!
Is it really YEARS later already with the XRP case or has it been A year?
Just like you’ve been saying, NFT’s and defi are going to be the biggest winners. Hold tight, be patient and HODL ON?
Let’s go! ???
Why do you feel so confident an ETF is coming soon? Gensler said if one were to come it would be a futures backed ETF. Which would be bullish in a way but is not the same as a btc backed ETF
ECOMI =Best NFT project. Thanks me later.
Yay
Nope. Not a clue. Becker posted on his twitter. No mre clues till they post "Game On" if you want to see guide lines check Becker's twitter
u p s
Not sure about NFTs, but Bitcoin seems to be the safest bet in crypto as far as the SEC.
Good ideas here
The Citadel. I like the name.
Damn, Bex have a bug. Exchanges BTC to ETH almost x10 rate right now. I posted a vid
Awesome content. ???
Century City ?
No one can stop us
Changing lives bro thanks for your work!!!
So on point!!
All the institutions and government getting involved now. I suspect this cycle will turn out to be different this previous ones. Expect the unexpected.
awesome brother!!
Fully engaged !!!
nice, refreshing video 🙂
The government is incentivized to want to allow crypto to remain as is so that they can collect taxes. How can they collect taxes if everything goes decentralized? They're only putting themselves in a box. The lending feature of crypto is a "taxable event". If there is no realized monetary gain, there can be no tax collection. It's a win – win for both parties. If they allow it (which they should), they'll be able to collect taxes from centralized entities that propagate KYC. If they don't, then everything goes decentralized and they collect nothing. I know that they're smarter than this. They'd be wise to take a step back and consider different perspectives.
And we all know Gensler is in someone's pocket.
And the Government cannot stop innovation. Blockchain and crypto is just a tiny facet of what's coming. No one will be able to stop it.
Wind in the background thought my car was dieing
This is a misleading title – if Bitcoin is gearing up for a move and DeFi is going to be open beer regulation that will have a short term negative effect … they don’t want DeFi otherwise banks disappear
The exposed gas lines along your roof line have a tendency to be struck with lightning with bad results. Just saying, seen it happen here in Florida multiple times.
Ellio does this play right into GameStop’s hands then?
Wow how things have changed since the beginning… good ?? bad ?? ugly ?? glad ??♂️
Right on
Oh hey I'll buy that kettle bell ☝️
So do we dump defi coins for now and pick them up again once the regulation crash is done??
crypto is moving too fast for regulators…..how can you ask celsuis cease and desist claiming lending unregulated security when you dont framework that defines what coins are securities?
You've got a big community and a good soul, Ellio. I hope you're thinking of ways to make the world a better place. It's not enough to sit by and let useless politicians decide our fate ❤️
I like your optimism but i dont trust SEC , they wont operate within the law.
Getting these videos out fast and frequent. Dedicated and confident, it is he who will lead us, to valhalla.
great video
@EllioT: I fully believe that the upcoming BTC ETF will just increase the price ONLY short terms as it will destroy the scarcity as there will be ETF on the future contracts => so these derivatives will be unlimited. It will just like be the destruction of real value of gold/silver market as the underlying is not the BTC spot => its the BTC future contract (just increasing cash related derivatives but not the physical BTC (spot). But I hope I will be wrong. Generally, there is more paper "value" in ETFs than in the corresponding underlying BTC). Limitless derivates but limited physical BTC…
This is just the beginning…
I'd argue that most of today's NFTs would not be classified as securities because they do not meet the “common enterprise” requirement. Not sure the same could be said about f-NFTs. However, I'm sure the SEC is taking a long hard look at both.
Im tired of nfts, either way i enjoy your content.
Agreed… I believe as time progresses, the cycles will get less prevalent…
ooh! ooh! ooh! ooh!
Is it really YEARS later already with the XRP case or has it been A year?
Speak that truth! ?
LOW CAP ?
#BMON, metaverse gaming
#ADAX, uniswap in cardano ecosystem
#KCCPAD, the first launcpad in Kucoin exchange
Bonus #ETNA and #ITAM
Just like you’ve been saying, NFT’s and defi are going to be the biggest winners. Hold tight, be patient and HODL ON?
Let’s go! ???
Why do you feel so confident an ETF is coming soon? Gensler said if one were to come it would be a futures backed ETF. Which would be bullish in a way but is not the same as a btc backed ETF
ECOMI =Best NFT project. Thanks me later.
Yay
Nope. Not a clue. Becker posted on his twitter. No mre clues till they post "Game On" if you want to see guide lines check Becker's twitter
u p s
Not sure about NFTs, but Bitcoin seems to be the safest bet in crypto as far as the SEC.
Good ideas here
The Citadel. I like the name.
Damn, Bex have a bug. Exchanges BTC to ETH almost x10 rate right now. I posted a vid
Awesome content. ???
Century City ?
No one can stop us
Changing lives bro thanks for your work!!!
So on point!!
All the institutions and government getting involved now. I suspect this cycle will turn out to be different this previous ones. Expect the unexpected.
awesome brother!!
Fully engaged !!!
nice, refreshing video 🙂
The government is incentivized to want to allow crypto to remain as is so that they can collect taxes. How can they collect taxes if everything goes decentralized? They're only putting themselves in a box. The lending feature of crypto is a "taxable event". If there is no realized monetary gain, there can be no tax collection. It's a win – win for both parties. If they allow it (which they should), they'll be able to collect taxes from centralized entities that propagate KYC. If they don't, then everything goes decentralized and they collect nothing. I know that they're smarter than this. They'd be wise to take a step back and consider different perspectives.
And we all know Gensler is in someone's pocket.
And the Government cannot stop innovation. Blockchain and crypto is just a tiny facet of what's coming. No one will be able to stop it.
Wind in the background thought my car was dieing
This is a misleading title – if Bitcoin is gearing up for a move and DeFi is going to be open beer regulation that will have a short term negative effect … they don’t want DeFi otherwise banks disappear
The exposed gas lines along your roof line have a tendency to be struck with lightning with bad results. Just saying, seen it happen here in Florida multiple times.
Ellio does this play right into GameStop’s hands then?
Wow how things have changed since the beginning… good ?? bad ?? ugly ?? glad ??♂️
YESSIR ELLIO