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Charles Schwab adding SOL, AVAX and LINK isn't about winning customers, it's about not losing them "To me, this isn't really Charles Schwab trying to gain new customers. This is Charles Schwab trying not to lose customers who want exposure to these assets to other platforms." "If you leave...

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So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots? Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked Saifedean Ammous this very question. His answer might surprise you... 👀👇 "If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time." "To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that," Ammous said. "If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money." Ultimately, the protocol itself is immune to the financial instruments that TradFi has concocted. If people want to lend against their BTC or create complex financial products, that does not actually impact the underlying network. "The way that the protocol works is that it's completely blind to what you're doing with your coins on the Bitcoin blockchain there is no paper Bitcoin there's no such thing as paper Bitcoin there's only 21 million Bitcoin and every node makes sure of that every 10 minutes and then if somebody who has some of these Bitcoin on their private key decides to sell obligations or financial liabilities referring to that Bitcoin under any condition, that's their choice. It's outside of Bitcoin and it's outside of the realm of other Bitcoin users being able to say this is right or wrong and this should happen or shouldn't happen. People are going to do whatever they want with the Bitcoin, including selling access to it or exposure to it in all kinds of different ways. And if you don't like it, you don't buy it, you can stack your own Bitcoin." You can find the full interview for Cointelegraph in the 🧵. If you enjoyed this content, please like 🧡, retweet 🔁 and follow me 👋!

Gareth Jenkinson

34,417 views • 9 months ago

Catherine Fitts: "There's been a huge effort to encourage retail to go into crypto...because they're trying to prototype... programmable money... [and] keep people away from the real assets... the game of growing the debt is over...[now] we're all [scrambling for] real assets" This clip of Fitts, an investment banker, former Assistant Secretary of HUD, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), is taken from an interview with Greg Hunter (Greg Hunter) posted to Rumble on October 18, 2025. ----------------Partial transcription of clip--------------- "There's been a huge effort to encourage retail to go into crypto, partly because they're trying to prototype the programmable money and make it attractive and profitable for people to go into programmable money. So part of it was that, but they wanted to keep people away from the real assets. "If you are the big equity holders and, managers and the central banks, you want to buy gold and you want to buy land without interference from, you know, retail buyers. So if you can get the retail investors going off and buying, you know, helping you prototype your programmable money, then they're not competing with you to buy the land and to buy the real estate. "The more you can suck them over into helping build your control grid and away from getting control of the real assets, which you, you know, now that you've printed so much money, you want to get control of the real assets. That's what they've been doing. "We've been issuing more and more paper, more and more debt, more and more derivatives, more and more financial assets, but that doesn't mean we're making that. You know, the acceleration of paper, is greater than the creation of new real assets. So we are creating new real assets because we're creating new businesses, new technology, but you're creating far more financial assets. "It's very interesting. The German finance minister at the meeting in Shanghai in 2018 said, very astute comment. He said, the debt growth model is over. There are no reforms now that are not real reforms. And what he meant by that is the game of growing the debt is over. And now, like in the game of musical chairs, we're all going to scramble to get control of the real assets. "Of course, that's when all the enormous profits started attracting people into distributive ledger programmable money, because you're trying to suck them out of the real assets over here to create your control grid while you jump in and get control of the real assets."

Sense Receptor

14,823 views • 10 months ago