Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
Some people just want to do it because they don't trust the system and that's paranoia or otherwise.
That's just why bottom line, Russia seems to think there's something to it because why else would you do a crackdown?
And then of course you don't get me started.
on the on my beef about telescam i've said it before it's there to to scam you it's there to rip you off i'm glad to see that there's some history trail underneath it but all these young cats still fall for those telescam based traps and they will continue that's why crypto cannot get out of the hole that it's in because there's too many young people in it that don't understand and they're not they've not been taught
about the dangers of tools like Telescam.
All the cryptos tell them to go there.
These young people don't know any better.
They don't understand.
All they're doing is trapping themselves, and they're not going to be able to get out anytime soon.
I wish it were a better world.
I don't think we're going to get there anytime in my lifetime.
My remaining topic is the clarity act, which of course lacks clarity.
I shouldn't say it lacks clarity.
It certainly has clarity, but it's clarity that the banking system does not appreciate.
many people have said that the largest hang-up at this point is around yields yields of course is you earning based on you staking in terms of crypto and the equivalent the rough equivalent of course is you depositing in a bank account to earn interest on your deposits and i gave a breakdown in a previous episode of crypto talk for the film but bottom line
You may not realize that the bank, when you deposit your funds, they are using your money for all sorts of stuff.
They're using it for investments.
They're using it for lending.
Your money is used and the interest that they pay you is kind of the way that they compensate you for that benefit.
I would remind many people that those percentages used to be in like the 5% range where now it's like sometimes 0.5 or one it's low.