LISTEN WHILE WE'VE

LISTEN WHILE WE'VE BEEN DISTRACTED WITH UTAH AND COLORADO A COUPLE THINGS ON IN THE FINANCIAL INDUSTRY THAT'S GONNA AFFECT YOUR BOTTOM LINE FIRST OF ALL FIGURE IS A NEW TECHNOLOGY COMPANY THAT WENT PUBLIC LAST WEEK I THINK THE 10TH OR THE 11TH IPO NEAR A BILLION DOLLARS IN THEIR INITIAL PUBLIC OFFERING THIS MEANS THAT INVESTORS REALLY BELIEVE AND THEIR MODEL IS TO LEND OUT MONEY THROUGH BLOCKCHAIN TECHNOLOGY AND CRYPTOCURRENCY THE MOST DESTABILIZED TYPE OF CURRENCY THAT EXISTS RIGHT NOW FOR HOME MORTGAGES FOR HELOCS FOR PERSONAL LOANS FOR ALL KINDS OF THINGS AND THEY'RE TARGETING PEOPLE THAT DON'T NORMALLY ACCESS CREDIT OR HAVE CHALLENGES ACCESS AND CREDIT CAN WE SAY THE NEW SUBPRIME MARKET THE NEXT DAY THE TRUMP ADMINISTRATION APPOINTED BOHAN'S A FORMER ADVISOR TO THE TRUMP ADMINISTRATION AS THE C E O OF THE AMERICAN EXPANSION OF THE US STABLE COIN FOR AMERICA HE'S GONNA CREATE AND MANAGE THE THEY'RE TRYING TO PRODUCE UM FOR THE US TOKEN THAT'S GOING TO TAKE THE PLACE OF FIAT CURRENCY SO AGAIN WHILE WE WERE BEING DISTRACTED THE US STABLE COIN THAT IS COMING OUT UNDER THE TRUMP ADMINISTRATION HAS A LOT OF FLAWS IN IT MEANING ANYBODY CAN CREATE A A CRYPTOCURRENCY COIN TO USE AS CURRENCY A DIGITAL ASSET IN THIS COUNTRY UNDER THE NEW GENIUS ACT THAT THEY PUT OUT AND TRUMP HAS BEEN DISMANTLING ALL OF THE REGULATORY AGENCIES THAT OVERSEE THE CREDIT UNIONS THE BANKS AND THE CREDIT UNIONS THE FDIC THE OCC THE FEDERAL RESERVE THE FTC THE SEC THINGS WHERE THERE'S POLICIES PROTECTIONS FOR PEOPLE THEIR MONIES AND MAKING SURE THAT WHEN PEOPLE BORROW MONIES IT IS SAFE AND THEY HAVE A SAFE WAY TO PAY BACK AND THERE'S PRIVACY AND THERE'S ALL THESE THINGS UNDERWRITING GUIDELINES ALL THESE THINGS RIGHT UM WITH THIS NEW STABLE COIN THE TREASURY IS GOING TO MANAGE HOW THIS STABLE COIN OPERATES AS THIS NEW CURRENCY AS YOU KNOW PROJECT 2025 THE TRUMP ADMINISTRATION IS TRYING TO PUT ALL OF THE REGULATORY FINANCIAL INDUSTRY REGULATORY AGENCIES UNDER THE TRUMP ADMINISTRATION UNDER THE TREASURY SO THAT HE CAN MANAGE THAT SO NOW HE'S LOOKING FOR THE PUBLIC TO HELP HIM DECIDE WHAT ARE THE BEST PROCESSES TO MANAGE A DIGITAL ASSET STABLE COIN THAT WE'RE GOING TO START USING TO LEND OUT FOR MORTGAGES CAR LOANS STUDENT LOANS HELOCS AND ALL THOSE THINGS AND FIGURE TECHNOLOGY IS THE COMPANY ABOUT IN THE BEGINNING IS ONE OF THE FIRST COMPANIES TO START LENDING ON DIGITAL ASSETS RAISE ALMOST $1 BILLION AND IS TARGETING $2 BILLION OF CONSUMER PRODUCTS TARGETING $2 BILLION TO TO CAPTURE FROM CONSUMERS AND LOOKING TOWARDS ONE TRILLION IN THE NEXT FEW YEARS COMPANY'S ONLY BEEN OUT SINCE 2018 SO THEY DID O LAST WEEK THEY RAISED ALMOST A BILLION DOLLARS THEY'RE TARGETING A TON OF THEY'RE TARGETING CONSUMERS THEY CAN'T ACCESS CREDIT EASILY BY USING DIGITAL ASSETS AND BLOCKCHAIN TECHNOLOGY TO QUICKLY APPROVE PEOPLE CHARGE HIGH RATES AND HIGH FEES THIS IS WORSE THAN THE SUBPRIME MARKET FOR ME IT'S A GRAB HERE TODAY GONE TOMORROW A GOOD FIVE YEARS ALL THE PEOPLE INVOLVED OF MARKETING AND THESE KIND OF DIGITAL CURRENCY AGENCIES OR FINANCIAL SERVICES ARE GONNA MAKE BILLIONS OF DOLLARS PEOPLE ARE GONNA BE LEFT WITH CURRENCY THAT'S EITHER VALUELESS UM IT'S JUST GONNA BE EVEN WORSE IF YOU THOUGHT THE SUBPRIME MELTDOWN WAS BAD FROM 2007 TO 2012 IT HAS NOTHING ON WHAT'S ABOUT TO HAPPEN NOW