Just as volatile as cryptocurrency is You've got contrasting and very Eccentric news articles that are always Written and guys cryptocurrency in General Bitcoin ethereum salana it Doesn't matter which one you're talking About it is extremely politicized right Now especially here in the United States You know you essentially have one side Of the fence saying that it's nothing But scammers it's nothing but frauds It's nothing but criminals trying to Take advantage of the average American And then of course you've got the other Side saying that this is the greatest Thing ever it limits the government's Control over the monetary system it Allows for a decentralized financial System to take place and of course you Know the whole Battle of the whole Battle is Raging on right now but I'm Going to go through some of these Articles and then we're going to be Talking about a layer two blockchain in This video that should definitely be Looked at to adding to your portfolio Now if it sounds like something you're Interested in let's get started what's Up everybody I'm clay bro and as you can See we get crypto news on the screen Right now and we need to go over some of These headlines short-sided and stupid Me Democratic Mega donor abandons crypto Super packs now listen I don't think the
Crypto currency is shortsighted and I Also don't think that cryptocurrency is Stupid in fact I think that that's what These guys are for even thinking that in The first place guys cryptocurrency has Grown to a level that they cannot stop Okay the only thing that they can do is Manipulate you into thinking a certain Way now decentralization is a beautiful Thing it means that nobody owns it Nobody controls it nobody can determine To shut it down the only thing that they Can do is Trick you and brainwash you Into thinking that well it's Shortsighted it's stupid it's for Criminals now going on through these we Get a tech billionaire blindsided by his Crypto allies Bitcoin sliding down to 58 $59,000 to start the week here uh more Of that stupid business former CEO Here's the here's where they start man This these are the news articles that Make the headlines former CEO of Kansas Bank embezzling 47 million dollar in Crypto scheme he's going to prison now Let me tell you this yes if guys are out There embezzling $47 million maybe they Should spend some time in prison but This is not what the cryptocurrency Industry is the cryptocurrency is not Just guys that are out there doing Illegal things the cryptocurrency is Everything that I explained about a Decentralized financial system one in
Which there is no single Ruler ethereum's 40% post ETF drop is an Expected sell the news reaction now I Don't know if it was an expected 40% Drop but of course we did talk a lot About buy the rumor sell the news with That Nigeria planning to present uh law To tax crypto by September now I don't Know Nigerian law but I can already tell You I can almost guarantee you that if You sell your cryptocurrency in Nigeria They already tax that anytime you make Whatever the N Nigerian uh currency is I Am sure they tax those gains here's what I do not like about this entire idea of Of them thinking that they can tax Crypto transactions Is that they do not recognize it as Having value they do not these and I'm Talking about governments in general They do not recognize it as being a Legal tender they do not recognize it a As a monetary system and they recognize It is completely speculative and Valueless therefore if you're not Transferring it back into United States Dollars if you're not transferring it Into the Nigerian fiat currency it is Nothing more to them than ingame video Or in video game I guess points now do You think that if you're out there Playing Warcraft and you're mining gold They that they're going to tax you on Your
Gold they would any video game you play Should be taxable income if they go Along with these same guidelines that They're trying to enforce in the Cryptocurrency world if you earn gold If you earn cars if you earn points Those should be taxable by these Definitions here it doesn't matter if It's video game you could sell that Character on eBay you could go out there To a local tournament and sell the skins For your weapons you could do that Therefore we don't need to wait for you To do that we're going to tax you on it Anyway it's really utter Insanity how Shortsighted and stupid these people are The same way that they're labeling us Now here's the one that I want to focus On crypto VCS or Venture capitalists see Huge opportunity or big opportunity with Layer 2 interoperability and not Necessarily AI guys Crypt Venture Capitalists do not get to the way that They are by saying crypto is dumb they Do not get to the way that they are by Doing anything other than investing in Crypto and they're going to be investing As you can see here in layer 2 Blockchains I agree with him Pepe Unchained is a Layer 2 blockchain and pepe Unchained Has already seen 9.6 million in inflows Just over the last couple of months Pepe Unchain is truly setting itself apart as
A beautiful pre-sale project but an even Better layer 2 blockchain guys if you're Interested you simply click the link in The description click on connect wallet Connect your wallet however you want I Use wallet connect and scan this QR code The trust wallet on my phone and then From there uh you know you can see what You're buying it is a layer 2 blockchain It's built on the ethereum network and There's going to be instant bridging Between the ethereum and pepe chain Lowest transaction fees in the industry A 100 times faster than ethereum and It's got its own dedicated block Explorer on top of that 206% annualized staking rewards and the Best part about it it's built for Memecoins it says the future of mem Coins layer 2 blockchain Built For Speed Security low fees and of course memes Guys when retail investors Venture Capitalists don't go out there and buy Something in anticipation and Expectations of other Venture Capitalists coming in and then the Original venture capitalist makes money Off that no they make money off of Retail investors they're buying into These layer 2 blockchains right now Because that's where they know retail is Going to go when retail returns to the Game and Retail absolutely loves meme Coins and when they flow back into Pepe
Unchain when retail investors who are Nowhere to be found right now finally Come back into the cryptocurrency space And they buy these mem coins they buy Pepe onchain they buy these layer 2 Blockchains like the Venture capitalists Are doing whoever's in it already is Going to be making Mass amounts of money Guys I'm excited about this one not only Because they're you know their numbers Are speaking for themselves $9.6 million In inflow so so far they're in the Correct industry cryptocurrency is not Going anywhere it's growing it is Literally I mean it's waging political Wars right now sides are are being Formed this industry is going to be a Multi tens of or maybe even one day Hundreds of trillions of dollars in Value the only question you have to ask Yourself are you going to be here are You going to invest and are you going to Stick around my answer is yes I want to Know yours down in the comments below And until the next time hope to each and Every one of you have an awesome day