00:00 - 00:02
我们作为咱们行业的老韭菜
00:27 - 00:30
不仅是川普拿下了所有的摇摆州
00:30 - 00:33
而且呢人家还拿下了参议院众议院
00:35 - 00:38
美国历史上权力最大的总统之一
00:43 - 00:45
告瑞波的SEC主席Gensler
00:45 - 00:48
这周人家也宣布辞职走人了
00:59 - 01:01
根据美国智囊团Public Citizen的报告
01:02 - 01:06
几乎一半的企业捐赠来自于加密行业
01:08 - 01:11
比所有行业加起来的总和还要多
01:11 - 01:13
而且我们除了支持总统之外
01:15 - 01:18
在这里有一个完整版可以看到
01:30 - 01:34
这个周在全美加密友好排名排第4名
01:34 - 01:36
顺便我们来对比一下这张图
01:37 - 01:40
这个是特朗普当选支持率的州
01:42 - 01:45
咱们加密行业对于这次大选是既出钱
01:52 - 01:55
我们接下来来说下一个胜利喜悦
01:56 - 01:59
来自于参议院众议院两院的选后格局
02:07 - 02:09
虽然是全世界最有权利的人
02:11 - 02:14
美国权利的总流程大概是这样的
02:24 - 02:27
所以说如果一件事情总统执意要干
02:28 - 02:30
必须由下面的两院开始发起
02:34 - 02:36
我们希望川普帮我们干的呢
02:47 - 02:50
否定一些不利于加密行业的政策
02:55 - 02:57
这是靠他自己的力量能干的事
03:00 - 03:02
比如说这SEC的主席Gensler
03:02 - 03:05
在加密圈子人人喊打的原因之一
03:05 - 03:07
就是著名的SAB121法案
03:08 - 03:11
原来是SEC在2022年3月份
03:11 - 03:14
发布的一份工作人员会计报告
03:14 - 03:17
SAB保管加密资产的实体
03:17 - 03:20
必须把加密货币记录为负债
03:22 - 03:25
你还要记录相对应的锚定资产
03:25 - 03:28
就是如果比特币8万美金一枚
03:29 - 03:32
你必须还要有8万美金的存款
03:35 - 03:37
那这个规则是不是非常逆天
03:39 - 03:42
那我手里要是有着比特币涨一倍
03:42 - 03:44
我还得追加一倍的保证金呢
03:44 - 03:46
美国的众议院就在今年5月份的时候
03:55 - 03:58
最后被拜登总统一票否决掉了
04:07 - 04:10
那我们行业的相关政策就可以更丝滑
04:21 - 04:23
都是我们加密圈日常关注的人
04:23 - 04:26
他们的一举一动影响着我们的币价
04:27 - 04:30
其实没有能力直接炒他们鱿鱼的
04:30 - 04:32
例如说美联储主席鲍威尔就直接说过
04:36 - 04:37
that you should resign
04:38 - 04:40
if he asked you to leave would you go
04:48 - 04:49
就是Gensler SEC的主席
04:51 - 04:53
那现在他已经自己提出离职
04:55 - 04:58
明年1月份就要跟我们彻底说再见了
05:06 - 05:08
那现在Gensler自己辞职了
05:09 - 05:11
其他的领导班子就更别提了
05:11 - 05:14
我们只用相信川普选人的眼光
05:18 - 05:20
那第三个川普能帮我们做的呢
05:21 - 05:24
帮我们制定一个清晰的经济政策方向
05:28 - 05:30
只求政府不要恶意打压我们就好了
05:31 - 05:34
在执行的路上都少不了两院的助力
05:41 - 05:44
首先呢两院是参议院和众议院
06:04 - 06:07
那这次换上来的支持加密的议员呢
06:19 - 06:21
就是你就看之前投票的那帮人
06:21 - 06:24
投票要废除SAB121会计准则的人那
06:27 - 06:30
基本上就是共和党呢都支持废除
06:33 - 06:35
所以说这次咱们行业在大选上
06:58 - 07:00
绝对算得上是加密梦幻班底
07:00 - 07:02
我们先来说说川普身边的四大金刚
07:10 - 07:12
还在帮Coinbus打官司
07:15 - 07:18
也是帮助川普赢得大选的最关键人物
07:21 - 07:23
咱们行业的小伙伴都熟悉的不得了
07:24 - 07:26
巴不得人家每次发Twitter
07:32 - 07:34
很有可能就是这次的副总统了
07:34 - 07:36
但是奈何人家嘴上说人家无心从政
07:40 - 07:43
影响力仅次于川普的二号人物
07:43 - 07:46
都在推特忙着帮特朗普组阁呢
07:50 - 07:52
要数着图尔西加巴德加巴德
07:52 - 07:55
会成为特朗普政府的内阁成员
07:55 - 07:57
这个姐姐的故事是非常传奇的
07:57 - 08:00
据说高中之前呢都是在家里面搞自学
08:02 - 08:05
在今年参加川普竞选的时候
08:08 - 08:11
最重要的呢是他当韭菜的资格更老
08:13 - 08:15
人家是17年就买了以太坊
08:15 - 08:17
去年加密行业还一地鸡毛的时候
08:17 - 08:19
这姐姐就参加了2023年的
08:29 - 08:32
以独立候选人的身份帮助川普拉票
08:36 - 08:39
比如说把比特币列入联邦储备
09:22 - 09:24
党鞭这个位置是非常重要的哈
09:25 - 09:27
Underwood一开始的那个角色
09:31 - 09:33
那约翰这老哥是不是自己人
09:37 - 09:40
SEC对加密行业兴风作浪
09:42 - 09:44
就联合其他官员发起了一个法案
09:51 - 09:53
也就是商品期货交易委员会
10:01 - 10:03
CFTC对我们行业的管理提案呢
10:03 - 10:06
是要比SEC那边友好太多了
10:10 - 10:13
虽然呢人家没有拿到一些实质性的结果
10:14 - 10:17
对我们来说就已经算是自己人了
10:18 - 10:20
好了不要沉浸在胜利的喜悦了
10:28 - 10:30
共和党和民主党的主要区别呢
10:30 - 10:32
就是小政府主义和大政府主义
10:40 - 10:42
税收呢才能保障公民的高福利
10:44 - 10:47
他们也想全方位的监管我们
10:50 - 10:52
就是他们尽量让政府组织变小
11:01 - 11:03
投资什么那是人家自己的事情
11:11 - 11:13
就是SAC尽量少管这种机构
11:13 - 11:15
以后呢就别什么上管天下管地
11:17 - 11:20
真的前几年的SAC看啥都像证券
11:20 - 11:22
把这些不切合实际的会计准则
11:24 - 11:26
也别动不动就修改一下会计准则
11:31 - 11:33
就是尽量让大量的资产都上链
11:51 - 11:55
也就是美国存管信托公司的技术方案
11:58 - 12:01
美国交易的技术设施都是他提供的
12:01 - 12:03
包括我们比特币的ETF上市
12:05 - 12:07
咱们要去人家那儿搞个备案才能上线
12:07 - 12:10
而且美股市场上交易的所有资产呢
12:10 - 12:12
都是在DTCC里面托管的
12:12 - 12:16
如果这DTCC支持发行链上美债
12:17 - 12:19
那么其他在DTCC托管的资产
12:24 - 12:27
可能就像100年前的纸张一样
12:31 - 12:34
它就是一个链上大家都信任的壳
12:38 - 12:40
把我们这些加密货币进行分类
12:40 - 12:43
而不是根据资产载体的技术进行分类
12:50 - 12:52
哈哈存在我们TOKEN里
12:54 - 12:57
装在哪个载体里面而发生变化
13:02 - 13:04
但是我有信心在接下来的4年里面
00:00 - 00:02
We are the old leeks of our industry
00:02 - 00:03
We all know one thing.
00:03 - 00:04
Call good landing
00:04 - 00:06
It's a bad thing.
00:08 - 00:09
Trump was elected
00:09 - 00:11
After this big benefit is realized
00:11 - 00:13
Why hasn't the currency price corrected?
00:13 - 00:14
Instead, it went up
00:19 - 00:20
Okay, and why?
00:20 - 00:21
It's very simple.
00:21 - 00:23
Smart friends have found out
00:23 - 00:25
That's the good news about this election
00:25 - 00:26
Beyond your imagination
00:26 - 00:27
What about this election?
00:27 - 00:30
It's not just Trump who has taken all the swing states
00:30 - 00:33
And they also won the Senate and House of Representatives
00:33 - 00:34
What about Trump?
00:35 - 00:38
One of the most powerful presidents in American history
00:38 - 00:40
And a moment of pride for the Republican Party.
00:42 - 00:43
Even after telling Binance
00:43 - 00:45
Suing Ripple's SEC Chairperson Gensler
00:45 - 00:48
This week, they also announced their resignation and departure
00:49 - 00:51
So these are all appearances.
00:51 - 00:53
This pushes the big hand behind
00:53 - 00:55
It may be the encryption condition.
00:59 - 01:01
According to a report by Public Citizen, a US think tank
01:01 - 01:02
In this election
01:02 - 01:06
Almost half of corporate donations come from the crypto industry
01:06 - 01:08
Donations from the crypto industry
01:08 - 01:11
More than all industries combined.
01:11 - 01:13
And in addition to supporting the president
01:14 - 01:15
What about lawmakers funded by the crypto industry?
01:15 - 01:18
You can see the full version here
01:18 - 01:20
After seeing it, it's really countless
01:20 - 01:21
But not only that.
01:21 - 01:22
In this election
01:22 - 01:23
What about the majority of people who support Trump?
01:23 - 01:25
All come from crypto-friendly states
01:25 - 01:27
Especially the so-called Penn
01:27 - 01:29
The most crucial swing state in the world
01:29 - 01:30
Pennsylvania
01:30 - 01:34
This week ranked 4th in the U.S. crypto-friendly rankings
01:34 - 01:36
By the way, let's compare this picture
01:36 - 01:37
This is Crypto-Friendly Week
01:37 - 01:40
This is the week of Trump's election approval ratings
01:40 - 01:42
Is it very consistent?
01:42 - 01:42
So that's it.
01:42 - 01:45
We in the crypto industry are both paying for this election
01:45 - 01:46
Another ballot
01:46 - 01:48
And in the end, we're going to have a big win.
01:49 - 01:51
Okay, don't immerse yourself in just now
01:51 - 01:52
In the joy of victory
01:52 - 01:55
We move on to the next victory joy
01:55 - 01:56
The joy of victory
01:56 - 01:59
Post-election patterns from both houses of the Senate and House of Representatives
02:02 - 02:03
First of all?
02:03 - 02:05
Let Liangzi introduce to you first
02:05 - 02:07
The relationship between the President of the United States and the two houses
02:07 - 02:07
The President of the United States?
02:07 - 02:09
Although he is the most powerful person in the world
02:09 - 02:11
But his rights are limited
02:11 - 02:14
The general process of American rights goes something like this
02:14 - 02:15
House of Representatives introduces bill
02:15 - 02:17
After the members of the House of Representatives passed
02:17 - 02:18
Senate confirmation required
02:18 - 02:20
After both houses confirm Binance
02:20 - 02:23
If the president does not object
02:23 - 02:24
The president is responsible for implementing
02:24 - 02:27
So if the president insists on doing one thing
02:27 - 02:28
You can't do it.
02:28 - 02:30
It has to start with the next two houses.
02:30 - 02:31
The president has no objection
02:31 - 02:33
This can be done
02:33 - 02:34
For our industry
02:34 - 02:36
What do we want Trump to do for us?
02:36 - 02:37
Nothing more than the following 3 points
02:37 - 02:38
What about the first point?
02:38 - 02:40
It is to formulate policies for our industry
02:40 - 02:41
Create an agenda
02:41 - 02:42
What about this?
02:42 - 02:43
Certainly not Trump himself
02:43 - 02:45
By his own words alone
02:45 - 02:47
At most, with his veto power
02:47 - 02:50
Reject some policies that are not conducive to the crypto industry
02:50 - 02:51
For example, the U.S. government wants to sell coins
02:51 - 02:53
Haha, what about Trump?
02:53 - 02:54
Get a veto power
02:54 - 02:55
Push it away and don't sell it.
02:55 - 02:57
It's something he can do on his own.
02:57 - 02:58
Don't underestimate this power
02:58 - 02:59
This power is actually very important
02:59 - 03:00
For example?
03:00 - 03:02
For example, this SEC chairperson Gensler
03:02 - 03:05
One of the reasons why everyone in crypto circles is shouting
03:05 - 03:07
This is known as SAB121.
03:08 - 03:11
It turned out to be the SEC in March 2022
03:11 - 03:14
A staff accounting report issued
03:14 - 03:17
SAB entities that hold crypto assets
03:17 - 03:17
What company?
03:17 - 03:20
Cryptocurrences must be recorded as liabilities
03:20 - 03:22
In his balance sheet
03:22 - 03:25
You also need to record the corresponding anchor assets
03:25 - 03:25
Speak the vernacular
03:25 - 03:28
That is, if Bitcoin 80,000 dollars each
03:28 - 03:29
If you want to keep a bitcoin
03:29 - 03:32
You must also have a deposit of 80,000 dollars
03:33 - 03:35
Your balance sheet is flat
03:35 - 03:37
Isn't that crazy?
03:37 - 03:39
Why do you keep your bitcoins with me?
03:39 - 03:42
If I had bitcoin in my hand, it would double
03:42 - 03:44
I still have to double the security deposit
03:44 - 03:46
The U.S. House of Representatives was in May this year
03:46 - 03:48
Submitted a bill
03:48 - 03:49
It's called SAB12A.
03:49 - 03:51
Is to be ready to overturn the rule
03:52 - 03:52
What about this bill?
03:53 - 03:55
Senate passed
03:55 - 03:58
In the end, it was rejected by President Biden
03:58 - 04:00
This is veto power
04:00 - 04:01
Is very useful
04:01 - 04:03
But now Trump is different
04:03 - 04:05
Not only does he have veto power
04:05 - 04:07
He also has the Senate
04:07 - 04:10
Then the relevant policies of our industry can be more silky
04:10 - 04:12
Smoother implementation
04:12 - 04:12
Okay, what about the second one?
04:12 - 04:14
What can Trump do for our industry?
04:14 - 04:15
It's just a substitution
04:15 - 04:17
For example, this SEC guy
04:18 - 04:20
And candidates for the Federal Reserve.
04:20 - 04:21
What about these people?
04:21 - 04:23
They are all people that our crypto circle pays daily attention to
04:23 - 04:26
Their every move affects the price of our currency
04:26 - 04:27
But we also know
04:27 - 04:27
What about the president?
04:27 - 04:30
In fact, I don't have the ability to fire them directly
04:30 - 04:32
For example, Federal Reserve Chairperson Powell directly said
04:32 - 04:34
What if Trump forced me to resign?
04:34 - 04:36
Then I will not quit my job.
04:46 - 04:47
It's the truth
04:47 - 04:48
What about the other one?
04:48 - 04:49
The chairperson of Gensler SEC.
04:49 - 04:51
We are very concerned about him
04:51 - 04:53
Now he has tendered his resignation.
04:53 - 04:55
After the job is handed over to Binance?
04:55 - 04:58
In January next year, they will say goodbye to us completely
04:58 - 04:59
Even if he doesn't quit
04:59 - 05:02
Trump also said he would fire him
05:02 - 05:03
It's not that easy to fire him
05:03 - 05:05
What about the chairpersonship of the SEC?
05:05 - 05:06
It's 2025.
05:06 - 05:08
So now Gensler himself has resigned
05:08 - 05:09
Save yourself the trouble
05:09 - 05:11
Not to mention the other leadership teams
05:11 - 05:14
We just have to trust the eyes of Trump's candidates
05:14 - 05:16
The newly elected officials
05:16 - 05:18
Neither is too bad for encryption
05:18 - 05:20
What can a third Trump do for us?
05:21 - 05:24
Help us develop a clear economic policy direction
05:24 - 05:25
Anyway, what about our industry?
05:25 - 05:27
It's actually a cash flow industry
05:27 - 05:28
No government money.
05:28 - 05:30
Just ask the government not to maliciously suppress us.
05:30 - 05:31
What about the above three points?
05:31 - 05:34
On the way to execution, the help of both houses is indispensable
05:34 - 05:36
What's the situation with the two houses now?
05:36 - 05:38
Is it your own?
05:38 - 05:39
Let's take a look
05:41 - 05:44
Well, first of all, the two houses are the Senate and the House of Representatives.
05:44 - 05:44
What about the Senate?
05:44 - 05:46
There are 100 MPs
05:46 - 05:47
Elected for a six-year term
05:47 - 05:48
Every two years?
05:48 - 05:50
To replace 1/3
05:50 - 05:51
What about this election?
05:51 - 05:53
It is equivalent to replacing more than 30
05:53 - 05:54
Of these, 19 were newly appointed
05:54 - 05:56
All support cryptocurrencies
05:57 - 05:58
Are you very happy?
05:58 - 05:59
Let alone the House of Representatives.
05:59 - 06:00
Bigger head-on
06:00 - 06:01
What about the House of Representatives?
06:01 - 06:02
There are over 400 MPs
06:02 - 06:03
Two-year term
06:03 - 06:04
Change it every time
06:04 - 06:07
What about the pro-encryption congressman who was replaced this time?
06:07 - 06:10
More than twice as many anti-crypto lawmakers
06:12 - 06:13
Then a friend said
06:14 - 06:16
How to distinguish whether they support encryption?
06:16 - 06:18
Still does not support encryption.
06:18 - 06:19
It's very simple.
06:19 - 06:21
Just look at the people who voted before
06:21 - 06:24
Those who voted to repeal SAB121
06:26 - 06:26
What about this list?
06:27 - 06:30
It's basically the Republicans who support repeal
06:30 - 06:33
Democrats are generally opposed to repeal
06:33 - 06:35
Therefore, this time our industry is in the general election
06:35 - 06:37
It was another big win.
06:37 - 06:39
From the House of Representatives to the Senate
06:39 - 06:40
To the President
06:40 - 06:41
Manchu Dynasty Wenwu
06:42 - 06:43
Hello our own people
06:43 - 06:45
Don't bask in the joy of victory
06:45 - 06:47
Let's take a look at Trump's team again
06:52 - 06:54
This Trump 2 Offensive
06:54 - 06:56
His team has changed a lot
06:56 - 06:58
It's very interesting.
06:58 - 07:00
Definitely a crypto dream team
07:00 - 07:02
Let's first talk about the four kings around Trump
07:02 - 07:04
First up is Vice President Vance
07:05 - 07:06
What about since '21?
07:06 - 07:08
Publicly support cryptocurrencies
07:08 - 07:09
Absolute old leek
07:09 - 07:10
His wife is a lawyer
07:10 - 07:12
Still helping Coinbus with a lawsuit
07:13 - 07:14
Okay, what about the second King Kong?
07:14 - 07:15
We become more familiar
07:15 - 07:18
And the point person who helped Trump win the election
07:18 - 07:19
Patriot Musk
07:19 - 07:21
Mr. ELON Musk
07:21 - 07:23
All friends in our industry are familiar with it.
07:24 - 07:26
I wish people tweeted every time
07:26 - 07:27
Can bring fire to one or two MEMEMEs
07:27 - 07:28
Let's make money
07:28 - 07:29
So we won't introduce it.
07:29 - 07:30
I think he is
07:30 - 07:32
If I hadn't been born in South Africa
07:32 - 07:34
It's very likely that he will be the vice president this time
07:34 - 07:36
But people say they don't want to go into politics
07:36 - 07:38
But from our perspective
07:38 - 07:40
He will definitely be in this term
07:40 - 07:43
The second most influential person after Trump
07:43 - 07:43
How about him every day?
07:43 - 07:46
They are all busy on Twitter to help Trump form a cabinet
07:47 - 07:48
Well, we'll talk about that later.
07:48 - 07:50
What about the third King Kong?
07:50 - 07:52
To count pictures basilegabad
07:52 - 07:52
What about him?
07:52 - 07:55
Will become a cabinet member of the Trump administration
07:55 - 07:57
The story of this sister is very legendary
07:57 - 08:00
It is said that before high school, they were all self-taught at home
08:00 - 08:02
I used to be a Democratic congressman
08:02 - 08:05
During the Trump campaign this year
08:06 - 08:07
Joined the Republican Party
08:07 - 08:08
It doesn't matter.
08:08 - 08:11
The most important thing is that he is more qualified to be a chive
08:11 - 08:13
He's older than Vice President Vance
08:13 - 08:15
People bought Ethereum in 17 years
08:15 - 08:17
Last year, when the crypto industry was still full of chicken feathers
08:17 - 08:19
This sister will participate in the 2023
08:19 - 08:20
Bitcoin Conference
08:20 - 08:22
Seems to be a true believer in the industry
08:22 - 08:24
The last of the four King Kong
08:24 - 08:25
So there was Kennedy Jr.
08:25 - 08:26
What about Kennedy Jr.?
08:26 - 08:27
What about the US election this time?
08:27 - 08:29
Also do your best
08:29 - 08:32
Helping Trump canvass as an independent candidate
08:32 - 08:33
With this Protector of King Kong
08:33 - 08:35
Many things Trump is inconvenient to say
08:36 - 08:39
For example, adding bitcoin to the Federal Reserve
08:39 - 08:40
It was Kennedy who mentioned it first
09:05 - 09:06
Okay, what about the above?
09:06 - 09:07
The Four King Kong
09:07 - 09:08
Can you say these four?
09:09 - 09:11
With these four guardians, King Kong
09:11 - 09:12
We can safeguard our encryption policy
09:12 - 09:14
It's not out of sync in terms of implementation.
09:20 - 09:22
In addition, let's talk about this party whip
09:22 - 09:24
The position of the party whip is very important.
09:24 - 09:25
It's in the house of cards
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Underwood's original character
09:27 - 09:29
What about the whip elected this time?
09:29 - 09:31
That's John Thune.
09:31 - 09:33
Is this guy John one of our own?
09:33 - 09:34
Let me tell you a case.
09:35 - 09:37
Securities Exchange Commission
09:37 - 09:40
The SEC is making waves in the crypto industry
09:40 - 09:41
When you sue this and that
09:41 - 09:42
What about John?
09:42 - 09:44
We introduced a bill in conjunction with other officials
09:44 - 09:46
What does this bill mean?
09:46 - 09:47
What about your SEC?
09:47 - 09:49
Leave the crypto industry alone
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We support the CFTC.
09:51 - 09:53
The Commodity Futures Trading Commission.
09:53 - 09:55
He came to manage the crypto industry more
09:55 - 09:57
Pass this bill proposed by others
09:57 - 09:58
We can learn a thing or two
09:58 - 10:01
After all, it is well known that
10:01 - 10:03
What about the CFTC's regulatory proposals for our industry?
10:03 - 10:06
Needs to be much friendlier than the SEC
10:06 - 10:07
And the worse part? Yeah.
10:07 - 10:09
This plan was proposed by others
10:09 - 10:10
It hasn't passed yet.
10:10 - 10:13
They didn't get some substantive results
10:13 - 10:14
But he can have it.
10:14 - 10:17
It's already our own for us
10:18 - 10:20
Well, don't bask in the joy of victory
10:20 - 10:21
Let's get down to business
10:21 - 10:22
This guy got it all together
10:22 - 10:24
How should this be done?
10:27 - 10:28
Okay, so we talked about this before.
10:28 - 10:30
What are the main differences between Republicans and Democrats?
10:30 - 10:32
Small government and big government.
10:32 - 10:33
What about the Democratic Party?
10:33 - 10:34
Big government.
10:35 - 10:36
They're called leftists.
10:36 - 10:38
Just because he has to take care of everything
10:38 - 10:40
There is management and taxation
10:40 - 10:42
Taxation can ensure the high welfare of citizens
10:42 - 10:43
So in this case
10:43 - 10:44
What about the crypto industry?
10:44 - 10:47
They want to police us from all sides.
10:47 - 10:47
What about the Republican Party?
10:47 - 10:49
The reason why they are called rightists
10:49 - 10:50
What about petty government?
10:50 - 10:52
Is that they try to keep government organizations as small as possible
10:53 - 10:54
What about as little as possible?
10:54 - 10:56
I don't want to worry about the war in Europe
10:56 - 10:56
Better Armistice
10:56 - 10:57
What about illegal immigrants?
10:57 - 10:58
I don't want to care
10:58 - 10:59
Illegal immigrants, you all go
11:00 - 11:01
common people
11:01 - 11:03
What to invest in is their own business
11:03 - 11:05
Markets, free economy.
11:05 - 11:06
Therefore, for our industry
11:06 - 11:09
How to manage this next?
11:09 - 11:11
Well, there are really three things.
11:11 - 11:11
What about the first point?
11:11 - 11:13
Is that SAC tries to minimize this kind of organization
11:13 - 11:15
In the future, don't take care of the world and the land
11:15 - 11:17
There is also a tube of air in the middle
11:17 - 11:20
Really, a few years ago, SAC looked like securities
11:20 - 11:22
Put these unrealistic accounting standards
11:22 - 11:23
Abolish it now
11:23 - 11:24
What about later?
11:24 - 11:26
Don't change accounting standards at every turn
11:26 - 11:28
You are changing the rules
11:28 - 11:29
How do we work next?
11:29 - 11:31
Right? The second thing you can do?
11:31 - 11:33
Just try to keep a large number of assets
11:33 - 11:35
Clear data chain
11:35 - 11:37
Safe and reliable
11:37 - 11:37
What about your government?
11:37 - 11:38
You want your citizens to trust you.
11:38 - 11:41
How nice it is to have your financial materials on the chain
11:41 - 11:43
There is a natural consensus on the chain.
11:43 - 11:44
Although this is my wishful thinking
11:44 - 11:46
But it's not just me who said it.
11:46 - 11:48
US Treasury reports
11:48 - 11:50
They've started to recommend Treasuries
11:51 - 11:55
That is, the technical solution of the American depository information company
11:55 - 11:56
Realize the chain of US debt
11:56 - 11:57
What about this DTCC?
11:57 - 11:58
He's got a history.
11:58 - 12:01
He provided the technical facilities for the US deal
12:01 - 12:03
ETF listing including our bitcoin
12:03 - 12:05
It's all technical support
12:05 - 12:07
We have to go to someone else to make a record before we can go online.
12:07 - 12:10
And what about all the assets traded in the U.S. stock market?
12:10 - 12:12
They are all hosted in DTCC.
12:12 - 12:16
If this DTCC supports the issuance of US Treasury bonds on the chain
12:17 - 12:19
Then other assets in custody at DTCC
12:19 - 12:20
Not all follow the example of US debt
12:20 - 12:21
Are they on the chain?
12:21 - 12:22
Okay, what about the third point?
12:22 - 12:24
Is coronation
12:24 - 12:27
Maybe it's like paper 100 years ago
12:27 - 12:28
Can represent stocks
12:28 - 12:29
It can also represent dollars.
12:29 - 12:31
Or represent various other assets
12:31 - 12:34
It's a shell on a chain that everyone trusts
12:34 - 12:35
It can hold anything.
12:35 - 12:36
What about the regulatory board?
12:36 - 12:38
Will it be based on the underlying assets?
12:38 - 12:40
Classify our cryptocurrencies
12:40 - 12:43
Rather than classifying according to the technology of the asset carrier
12:43 - 12:44
What about stocks, for example?
12:44 - 12:46
Whether you print it on paper
12:46 - 12:48
It's still in the database on the coupons.
12:48 - 12:50
Or is it on our chain?
12:50 - 12:52
Haha, it's in our TOKEN.
12:52 - 12:53
What about securities laws?
12:53 - 12:54
Not because of these assets
12:54 - 12:57
It changes in which carrier it is installed.
12:57 - 12:58
Okay, how about the above three?
12:58 - 13:00
It's just a beautiful fantasy
13:02 - 13:04
But I am confident that in the next 4 years
13:04 - 13:06
You can land one by one.
13:06 - 13:07
Come on guys
13:07 - 13:09
Our time has come
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