Crypto Expert David Tawil Breaks Down Trump's Plunging US Into Crypto Market

What’s said in this shiur

The opening of this shiur, in David Tawil’s own words — taken from the captions, so names and Hebrew terms may be approximate.

David T is co-founder of prain capital A multi-strategy crypto asset fund covering the entire ecosystem of the buring asset class it's deep experience in crypto assets token mining Venture Capital programming and asset management there it is um David I brought you on to the show because the US government under Donald Trump has made The Plunge in the crypto made a significant Plunge in the crypto now for my understanding I correctly me from wrong it's not that the government is buying crypto apparently they were um criminal cases apparently they were um criminal cases prosecutions where they were able to seize crypto assets and it's those assets that we are effectively holding onto um something about stablecoin Bitcoin but I want you to go into and explain it to the audience because you would do a much better job of explaining it than I would what is this plunge that I'm understanding that the government is getting involved into crypto give the audience a brief summary of what's happening and we can step into it from there sure um so let's start it from there sure um so let's start with what the government already owns Which you alluded to uh so we we don't get as Citizens uh full transparency on everything that the government has uh in terms of seizures uh we don't get an inventory we don't know how many cars they've repossessed we don't know how many bank accounts they've Frozen and how many billions are in those accounts I'm sure you know with respect to all sorts of governments that we don't agree with uh against which there are you know actions or you know with respect to

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1. 0:00David T is co-founder of prain capital A multi-strategy crypto asset fund covering the entire ecosystem…
2. 2:03overwhelming majority into the tens of billions of dollars multiples um is Bitcoin which is great…
3. 4:37explain it that's what that's what everyone has been speculating about how does it not come…
4. 6:45Bitcoin sits on a thumb drive or a computer it exists out on the blockchain and…
5. 9:20are into this are super excited that the government has invested a stake in this what…
6. 11:56their own currency there's likelihood that those those governments will no longer print their own currencies…
7. 14:02say yes I'm going to go ahead and put my trust in this we're getting closer…
8. 16:38invested in in um crypto which people have pointed to and saying wait a minute this…
9. 18:42regional currency so yeah I I hear you in terms of there being One World Currency…
10. 21:15like gold by the way I'm not diminishing from gold at this point just make the…

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