🚨BITCOIN MAXI MICHAEL SAYLOR CAPITULATES TO ALTCOINS!

news and interviews. I'm your host, Tony Edward. On your way in. Please let that subscribe button as well as a thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. Folks, Big news around Michael Sailor, the Bitcoin Maxi himself. Many of you know Michael Sailor is a big believer in bitcoin. His company's strategy, which used to be known as micro Strategy,

has bought a significant amount of bitcoin. They are approaching half a billion in bitcoin, they're approaching five hundred million, and they have used a lot of leverage and much more. Now Michael Sailor in the past has trashed all coins. He has come out and said they're all securities. He's gone on podcasts and said this. Last year, he had a whole event where he trashed Etheroreum and all the all coins, saying the regulator will never allow all coin ETFs.

You won't see an ETHEREMYTF an XRP etf. And of course he was brutally wrong, but we not this guys, right, Bitcoin maximalism is a religious movement and it is one that is very wrong. But this is why you don't come to an acid and treated as a religion. It's a technology. You have the ability to invest in it and make returns. Now, crypto, as you all know, is still very young, very early, So that's why there's significant upside here and bitcoin maxi's continue to look like fools

because they're treating the asset like a religion. And what we saw today Sailor went on CNBC. He was asked about Trump adding all coins like XRP, Salon, Cardono and more into the crypto reserve. Let me played a clip for you so you can hear what he had to say.

toward digital assets. I think it's worth one hundred trillion dollars to the United States, And ultimately there's four different assets that people need to come to grips with a digital commodity like a bitcoin, an asset without an issuer back by digital power, A digital currency like a stable coin back by a fiat currency equivalent a digital security, an asset with an issuer back by a stock or a bond, so we can tokenize Wall Street. And then a digital token, which is an asset with an issuer

that's backed by digital utility. I think everybody's trying to come to grips with that taxonomy, and as the market gets more educated, we're going to see more progressive, constructive policy engagement.

multi chain. There's going to be many different blockchains used around the globe, and they're going to be used to power the markets and the economy. And bitcoin is just one piece of the puzzle. Bitcoin is a great asset, a great store of value, digital goal, and it's here to stay. But it doesn't do all the other things. Many of these other blockchains too, so Michael was forced

to capitulate. Is he going to go against Trump and many of the government administration, of folks in Congress and much more who are pro crypto not just pro bitcoin? Of course not. And of course he has egg on his face because he said a lot of nonsense over the years against all coins and saying they won't be ETPs and much more. He's been completely wrong. So guys, I hope you see what's happening here. This is a

big time capitulation. If you hold all coins, you should be happy to see this because Michael Saylor, while he's buying a lot of bigcoin, he's also lobbying in DC. He was doing that for years, trying to lobby against all coins. Of course, because he's talking his book. He's playing up his book because he only holds bitcoin. But he has lost the battle here. Cryptos here to stay. As mentioned, it will be a multi chain world. So this is just huge news, guys, big big news here. Now.

Today I tweeted out that a lot of bitcoin maxis are in shambles because those who held up Sailor as a god right they worshiped this guy now have to come to grips what's going on here? And of course many are still crying about Donald Trump mentioning that all coins will be in the crypto reserve. So pray for your local Bitcoin maxie. They're probably having mental breakdowns right now. Now guys, the SEC continues to dismiss lawsuits. Amazing what

hester person the Crypto Task Force is doing. So Yuga Labs announced today that after three plus years, the SEC has officially closed its investigation into Yuga Labs. They are NFT creator platform guys, so this is really great for NFTs and of course NFTs are not securities. And also, as I mentioned in the livestream this morning, the SEC

dropped the case against Kracken. This is a significant one because there were many tokens that were listed in the Kraken exchange lawsuit and Kracken was further along in their lawsuit with the SEC. And this was actually the second time they got sued. They first got sued for staking, they settled, they paid fifty million dollars, and then the SEC, Gary Ginser, still came after them. Right, That's why Gary

Ginser's a scumbag. I think this case was very significant right behind coinbase, and I think the bigger one, of course, is Ripple, which I'm hoping guys, fingers crossed we can hear this week. It'll be awesome if the SEC continued this momentum here and we hear that there's some sort of pause or or things are wrapped up with the Ripple case. So let's be patient. You can see these things are still being worked on and things are progressing.

That's a good sign. Hester Person is doing a great job. Now, some very good news in transparency from the SEC. So the Crypto Task Force is going to host its first ever roundtable on security status and they are going to live stream this guys. So this is really great. It will be on March twenty first, and you're gonna have industry leaders there, so guys, I love it. This is

this is amazing. And SEC Commissioner hester Person also announced the full Task Force staffers who are advising the Commission on matters relating to digital assets. I love this transparency. This is what you gotta do, man, This is amazing. The government works for us, guys. They use our tax dollars and we should have had this transparency in place years ago. But shout out to hester Perch. You got to give your credit crypto mom doing doing an amazing job. Now,

something that's interesting. The SEC is offering eligible employees fifty thousand dollars incentive to resign or retire by April fourth. Wow, so you know, I tweeted out, will Jorge Tanaro, the Gary Ginser brownoser himself take this offer? Because remember he got pushed over to the IT Department. I think this offer is for those people who are part of the Enforcement Division that were under Gary Ginster and they all got moved dispersed to different parts of the SEC. This

could be their way out. So interesting. Think how things are changing here, guys. Very bullish overall in the market. I know some of you are gonna say, Tony, how are you bullish? Have a macro view. I know the market volatility right now is a bit crazy, but it's all noise from the macro perspective. And if you didn't catch my live stream this morning, go check it out. We covered the charts and much more. Guys. Now, quick

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and trade fifty dollars. The stable coins you can earn the rewards on include Circles, USDC, Ripples r L, USD, and Paypals p YUSD. You get five percent on all three of those, and you can get five point two five percent on USBC. So a great program. So guys, if you'd like to learn more about Uphold, check out the link in the description. Now, Guys, I mentioned this news earlier on a livestream, but I want to rehash it again because it's important. Congressman Tom Emer who I've

had on the podcast many times. Him and Congressman Richie Torres, a Democrat, have launched the Congressional Crypto Caucus. So you love to see the bipartisan support here, guys, and they're going to help to push through crypto legislation and much more. I love it. I'm going to try to get Tom

Emmer back on the podcast to talk about this. And tomorrow, guys, there is a big hearing in the Senate, a vote actually to overturn the irs DeFi broker rule, and it's being headed up by Senator Ted Cruz, and Taylor Barr of the Digital Chamber said, as a reminder, only a simply majority is needed to pass CRA's meaning it's likely to pass. So this is good to get this irsdfive broker rule out of here. It is not in line

with how crypto works, so very good news. Eleanor Turrett of Fox Business gave a bit more context to this, saying Republican Senator Ted Cruz is hoping to bring this CRA Congressional Review Act to repeat the IRIS Broker Rule to the Senate floor tomorrow. A vote on the motion to proceed is slated for around eleven Am Eastern as for a source, Cruise's team is hoping to move to a final vote on the matter by tomorrow afternoon slash evening, but the state of the union could potentially push it

back to later this week. So it's a big week, guys. There's a lot of stuff going on, and the big one is, of course, the White House Cryptos summit coming up on Friday, March seventh, so we'll have to wait and see what the outcome is there. But guys, this setup is beautiful for the bull run to continue. Don't be dismayed by the volatility and the price action. Some people were screaming manipulation today with the complete reversal of the pump we saw yesterday, and it seems like there's

a bit of manipulation. But look, the stock market is also selling off, so there's a bit of pressure from the macro overall. But in the macro, as mentioned before, it is just noise. Guys, we're headed to higher highs. Be paid pay attention to the data. No, there has been no invalidation of the bullmarket, just a whole lot of volatility that we got a stomach. It is what

it is. I've seen this many times before I've been here this is this is my third bull market guys, so I've seen things like this and remember to check your emotions and look at the data. So, guys, that's the news. Let me know what you think. Leave your thoughts and comments below hit the thumbs up button. A great way you can support me in the podcast is by subscribing to my free email newsletter. It's on Substack one hundred percent free. Check out my book on Amazon.

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much for watching and listening. I appreciate you all, and I'll talk to you all later