Jordan Peterson Defends Bitcoin, Attacks CBDCs (Cardano Defi Update)

Jordan Peterson Defends Bitcoin, Attacks CBDCs (Cardano Defi Update)

In this video Deezy discusses a good niche for DCA, GALA and other altocins set to pop, and much more. Watch the video all the way through to get up to date on all the current information around crypto!

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I don't have any beans do you have any Beans I can't think of any beans but Bitcoin good I got a million beans and The porn out of me okay the pouring out Of my pores [Music] [Music] Oh [Music] What's a good ecosystem to get into Besides the major one which probably be L1s and l2s uh and also let's get rid of AI what's a what's an ecosystem you're Interested in for a DCA strategy like a Niche basically is what you're saying Um outside of your typical like going Down outside of L1 l2s and AI like the Probably the big three right now uh what What what are you going into my big Niche and this is really one that I Think is going to do well for most uh This cycle is uh decentralized exchanges Uh not you know self-custody exchanges Where you're not using third party what It's not like okay coinbase Gemini Binance a lot of the big ones that People know this is more like especially Ones with derivatives on it like GMX Velas exchange Apex exchange a lot of Those type of things a lot of them have Tokens associated with them so uh that's A niche I'm watching uh and then you're Gonna see them obviously on each Different chain uh so there's a lot to

Keep up with there Gala shh Boomer all Right here we go clicking on Gala I know What were they all-time high about 10x From here maybe Uh wow a lot higher than that is coming In at four cents and it looks like it Hit 70 75 maybe so close to a 20x from Now 18x It will be a little bit tough to uh Reese those all-time highs just because The amount of tokens that are out I Don't know their daily uh emissions but I do know there are tokens being added There's a lot of Gala nodes and those Gala nodes represent selling pressure But that being said It's it's okay to not get a 18x you know There's still a 10x is still good a 12x Is still good and 8x is still good I Think all of those numbers are very Doable and I think a 18x is possible so I think it could touch all-time high but I think it would look similar to uh xrp Chart where the cycle tops are going to Be somewhat close I wouldn't expect any You know the next cycle top is 10x the Previous cycle top that might be a Little bit of a moon shot that would be 180x maybe that's a little unrealistic To expect when the market Cap's this big But I think 18x possible 8X I don't want To say likely but I I would not be Surprised of a 8X for Gala at all would You no I mean that that seems I don't

Want to say conservative but that Doesn't seem uh Moon math whatsoever we Can see bitcoin's having a little bit of A pause moment at that macro resistance But we're seeing a little bit of uptick Here on the altcoins so does this mean All coins are about to pop maybe not Necessarily in this exact moment but we Are seeing across the board look at this Cardano we have that same sort of setup With the bitlab trading stack we had This way outside of the Zone we had Bullish divergences finding support in The EMA ribbon a neutral here on the Significant movement this is on cardano We see also GRT breaking uh attempting a Breakout here in the falling wedge we See algorand making moves uh we see also He's still in a bull flag a bull pennant Is it about to pop again well uh studies Show that uh with this bull pennant we Very well could have a Target to the Upside here uh pushing up above 65 up Into the 68 Cent range A lot of bullishness Kelly Do you happen To know the statistics uh for bullish Flag pennants is about 70 to the upside 80 percent 60 what's the percentage to The upside roughly it's roughly about 68 But I want to point out that that number Is also derived from traditional assets Uh now it's only starting to include uh Um uh these alternative digital assets And the reason I point that out is

Digital assets have such smaller market Caps that I do want everybody to be Prepared if you do see a structure like This although it might have a 68 to 70 Percent upside uh probability of Breaking out uh there's a there's a high Frequency of having a fake out to the Downside only to continue the upside so Do not emotional trade right now wait For Confluence of indicators and you Know what I'll gotta say it come check Us out over at bitlab Academy on the YouTube and get involved on our website Because we are about to launch the new Site with a bunch of the new courses Everybody here in the Stream bit Squad 15 on the website for 15 off your first Month get involved and just be patient Let the markets play out that's all I Got to say all right let's talk about Black Swan oh God to lab uh and Jordan Peterson Clash over Bitcoin and this guy Just loves uh you know fighting all the The Bitcoin Maxis on Twitter Naseem Nicholas taleb the Lebanese American Economist known as the author of the Book The Black Swan started a quarrel Yet again on Twitter with the Canadian Professor of psychology Jordan Peterson Uh also uh former coma uh recipient over Bitcoin's possible capability to ease Monetary issues this guy's uh he's just He reminds me of like a a young smart Charlie Munger like no Charlie Munger is

Smart he's like a young Charlie Munger He's just like so he was doing so much Trading in the 80s and 90s I feel like He's maybe stuck in an echo chamber or Maybe he has confirmation bias I think It's the best thing to say there I think Celeb has a lot of confirmation by us Because this is how it was in the 90s And I was super successful and well Guess what where's the new economy it's A new world it's a new age and I don't Think he's doing the the correct Equations there and to as we transition Into this new age uh he disagreed with Peterson and warned inexperienced Investors not to follow his guidance he Went further claiming that the Canadian Belongs to the Bitcoin cartel I do not Feel compelled to jump in explain that Peterson talking about finances slightly Less sophisticated than Committee of Anti-vax Canadian truckers lecturing on Quantum field Theory but Anita warn the Young victims that Peterson is owned by The Bitcoin cartel guys he's owned by The Bitcoin cartel I own them you own Them we all own them Satoshi owns them That's all bull crap okay maybe the guy Just sees the writing on the wall have You ever thought about that Uh Bitcoin fixes this let's just uh Click on the Tweet here was he quote Tweeting anybody yeah so he was quote Tweeting Wall Street Silver saying the

End of cash is near they're trying to go Go all digital then bring in the Central Bank digital currency to be programmable So they can control how you spend your Money I don't see how teleb would have Any counter to bitcoin fixes this it Doesn't make any sense to me I feel like There's maybe some sort of Disconnect I I think he doesn't like people buying The top maybe he's just looking out for Retail subsequently he maintained that Is wrong to view Bitcoin as a safe haven Since a response to liquidity exactly Like other bubble items I don't know in the beginning of their Life cycle though but I feel like this Isn't a tulip Um this is maybe a little bit better and If you look at it as uh maybe New Commodities maybe there's some uh Different analogies you can draw from it But I to me Bitcoin it has four-year Bubbles but Bitcoin is not a bubble Bitcoin is not a fad Bitcoin is not a Fluke Bitcoin is real it's immutable Ledger technology is real its impact is Real and the future is unknowable but to Me I feel like it's just going to be More of an impact as we move forward not Less of an impact removing cash printing Money into Oblivion and potential Worldwide conflicts are all leading to Beans on the Bitcoin good pile the beans Were Bitcoin bad I don't have any beans

Do you have any beans I can't think of Any beans but Bitcoin good I got a Million beans in the porn out of me okay The porn out of my pores [Applause] [Music] Oh [Applause] [Music] [Applause] [Music] Foreign [Applause] Let's move on talk about space force uh The major tells U.S to stockpile Bitcoin As a weapon of self-defense Um I don't know if they're the most Forward-thinking of uh all the armed Branches but maybe according to Lowry's Soft War bitcoin's proof of work system Could function as a less destructive Avenue for power competition in the Cyber domain it could be similar to the Role played in chess matches in the Olympics during the Cold War era uh well We do have a lot uh the majors thesis Calls for the U.S to stockpile Bitcoin And cultivate a domestic Bitcoin mining Industry it also calls to extend the Second Amendment protections to the Technology treating it as a weapon of Self-defense uh too bad we couldn't copy China and do this tinated that would Have been cool for his vision to gain

Traction crypto proponents will need to Overcome these bureaucratic and Political obstacles this may include Engaging in public discourse lobbying And working with lawmakers who Understand the benefits of embracing Blockchain technology unless their name Is Nicholas wait a minute that's my name I don't know what I'm saying anymore Speaking of getting dark we have this Anti-crypto Army uh [Music] Uh yeah very uh uh nine uh energy with That stuff uh they're facing opposition In the U.S of course we're talking about The bank and Broad Senator Warren Seeking bipartisan support for a bill Imposing tougher anti-money laundering Restrictions on digital assets a letter From uh these people the presidents of Club for Growth Americans for tax reform And freedom Works respectively to Senator Marshall criticizes his support For warrants efforts to impose new Regulations on digital asset companies These groups argue that these Regulations will stifle Innovation Punish job creators and drive Investments away from America they're Actively working to recruit uh Republicans to join in regulating the Crypto industry uh that's where you saw The you know a lot of people Screenshotted the one part I think it's

Actually kind of early in it I don't Know if we have sound right there he has Like building an anti-crypto army with Like very strong uh stalin-esque Vibes There uh a member board of directors at Coinbase uh Katie argues that these Efforts are misguided Reckless and Potentially unconstitutional she affirms That America is on a dangerous path of Closing off the banking system to those Disfavored by a particular Administration yeah I definitely think This will be used uh politically I think It will be used similar to what we saw With the Canadian truckers uh you know Where oh you're protesting or our President or prime minister and you know What we don't like a freezer bank Accounts oh you were at this rally guess What we don't like close your bank Accounts uh meanwhile and I was going to Talk about the summer of 20. uh those Type of right you know no I mean I think I mean you're what you're saying though Is very real threat here that hasn't Been as real in the United States until Recently and again you hear a lot of People talking about this VPN you know This privacy act bill that could Potentially make it illegal to use a VPN It's we're gonna see you know that's a Very real threat just like he's talking About cutting off your bank account it Will be cutting off your access to

Transact in certain ways whether it's Use this app use this phone use this Service fly you know train you know go To this place buy from this store you Know so they can do a lot of things the More this technology develops the more Complex the controls they're going to be Able to put on things will become and That's what we have to be careful of uh And keep an eye on because they love to Control things they love to control you Especially if it has to do with your Opinions on where they sit whether They're voted in or out but like you Could be uh you know a sugar cube away From getting your foot cut off and They're like yeah you go buy 18 2 liters Of Coca-Cola oh you can't download this Messaging app no what's more dangerous You know what's worse for America oh You're looking out for a safety you know That's you're really not looking out for Your safety looking out for control okay Let's see what Charles is saying let's Get into it let's get into it Charles Hosson dunks on Elizabeth Warren with Michael Jordan reference they're playing Basketball and uh you know uh in Harlem Here no uh she caused the stir in the Crypto community Unity with the Publication of her campaign campaign Which uh included the slogan about Building an anti-crypto army such an Outburst did not go unnoticed by many

Major crypto figures including Charles Hoskinson at the time Lauren's people Said that the senator would not respond To the issue as she might appear to be Siding with some crypto billionaires or Company heads even though it was about Ordinary working people the Eaton Recalls the bottom line is that Elizabeth Warren cares more about Maintaining her class Warfare than she Does about truth and justice At first She wouldn't help but now she is out to Hurt people yeah she loves class Warfare I did buy some agix it is down 33 from Its all-time high it was up to 60 cents And now it has dropped down to 40 cents That means it's a 50 pump for it to Reach its all-time high if you look at It it looks like it's you know potential Possibility via ta I think now that it's Cooled down a little bit it could be Poised for a second run up uh and so What I did is I went on minswap I bought A little bit of agix and then the same Amount I staked cardano so I staked my Agix and I staked my cardano and I'm Earning rewards it could go down there's A thing called impermanent loss you need To be very careful but I'm incentivized With rewards in agix cardano and men's Swap so I'm getting three rewards and I'm pretty bullish on cardano defy uh as A macro play I'm not saying you know any Short pumps in there so I'm bullish so

That was what I did with my agix do what You want if you're going to buy it but I I just want to share I did ape in a Little bit and I aped in a little bit Into pixia as well and they that's the People who did uh John Wick still want To work with them we might be doing Something we've talked about it before AJ oh that's that's cool though not only Did you get get some exposure to that But you also put it to work you know and Sharon kind of what you yeah yeah I mean But like my monkey I looked as of two Days ago it earns me 13 a day in eight Coins so I go to sleep I wake up I have A couple Apes uh and so I'm staking I Think five coins on men's swap right now With cardano uh trading Pairs and so Yeah I got six seven things uh making Money right now don't sleep on that ape Life uh I love vaping around man I'm Just a little monkey guy all right Foreign [Music] [Music]

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