April 4, 2025 • 17 mins
What if I told you that Trump just made a move that could completely rewrite the U.S. financial system. AND nobody’s talking about it?” For the first time in history, the U.S. government is officially endorsing digital assets and stablecoins—and they’re pushing banks to play a MAJOR role. Treasury Secretary Scott Bessent just said quote: ‘We are going to keep the U.S. the dominant reserve currency in the world, and we will use stablecoins to do that. But here’s where it gets REALLY interesting… They have TWO ways to do this. One of them is a complete government-controlled system—but the other? It could take us back to a financial model from over 200 years ago, where banks competed to issue their own money.” A system that some call chaotic—but others say was one of the greatest golden ages of financial innovation. So the big question is: Are we about to see the return of Free Banking? And if so, what does that mean for YOU? By the end of this video, you’re going to understand exactly what’s happening, why the government is pushing this NOW, and how it could create one of the biggest wealth-building opportunities of the decade. Real quick—I’m Mark Moss. I’ve built and exited multiple tech companies, invested through several booms and bust cycles, and today I’m a partner at a leading Bitcoin Venture Fund and advisor to multiple public tech companies. I also write the Quantum Wave Investment Report, where I help investors navigate the biggest shifts in Tech and Money. And I make these videos to share the insights we’re using—so you can profit from these massive shifts before the rest of the world wakes up.
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
What if I told you Trump just made a move
that could completely rewrite the US financial system and nobody's even.
Speaker 2 (00:06):
Talking about it.
Speaker 1 (00:07):
Now, for the first time in history, the US government
is officially endorsing digital assets and stable coins, and they're
pushing banks to play a major role.
Speaker 2 (00:16):
Treasury Secretary Scott.
Speaker 1 (00:17):
Descent just said, quote, we are going to keep the
US the dominant reserve currency in the world, and we
will use.
Speaker 2 (00:25):
Stable coins to do that. End quote. But here's where
it gets really interesting. They have two ways to do this.
Speaker 1 (00:32):
One of them is a complete government controlled system, but
the other it could take us back to a financial
model from over two hundred years ago, where banks competed
to issue their own money, a system that some call
chaotic but others say was one of the greatest golden
ages of financial innovation.
Speaker 2 (00:50):
So the big.
Speaker 1 (00:50):
Question is are we about to see the return of
free banking, and if so, what does that mean for you?
By then this video, you're going to be able to
under stand exactly what's happening, why the government is pushing
this now, and how it could create one of the
biggest wealth building opportunities of the decade. Now, real quick,
I'm Mark Moss I've built and exited multiple tech companies.
(01:11):
I've invested through several boom and Bus cycles, and today,
while partner at are leading bitcoin venture fund, I'm an
advisor to multiple public tech companies, and I also write
the Quantum Wave Investment Report to help investors navigate the
biggest shifts in tech and money. Now, I make these
videos to share the insights that we're using so you
can profit from these massive shifts for the rest of
the world. In this video, I'm gonna break down trump
(01:33):
secret plan. How is administration is fast tracking financial changes
right now, Why this is happening, the real reason why
the US is actually trying to embrace crypto, the new
banking era that could spark this new age of financial competition, and.
Speaker 2 (01:47):
Like I said, what it means for us.
Speaker 1 (01:49):
All right, let's go all right, So let's break this down.
Why is the US government suddenly pushing stable coins?
Speaker 2 (01:58):
Why now?
Speaker 1 (01:58):
And more importantly, why is Trump leading the charge on
all this? Well, this all became crystal clear just last
week when the White House Digital Assets Summit met and
Trump's Treasury Secretary Scott Descent made this huge announcement. He said, quote,
we are going to keep the US the dominant reserve
currency in the world, and we'll use stable coins to
(02:20):
do that.
Speaker 2 (02:21):
End quote.
Speaker 1 (02:22):
Now, if I just pause right there and think about that,
I mean, this is huge. For years, the US government's
been either ignoring or actively fighting against cryptocurrencies, but now
they're embracing them. They're embracing stable coins. So why Well,
partly because they have no other choice. You see, the
US dollar is under massive threat like never before. Inflation
(02:45):
has been spiraling out of control, Global trade is shifting
away from the dollar. China is aggressively trying to bring
other people into his own currency. We have the bricks
nations trying to set up their own currencies, and China
is trying.
Speaker 2 (02:57):
To set up their own stable coin, the EEC and why.
Speaker 1 (03:00):
And they want to do this to bypass US financial sanctions.
Speaker 2 (03:03):
But while governments might want to get away from the.
Speaker 1 (03:05):
US dollar, you know, in favor of their own currencies,
the people around the world, well, they still want dollars.
As a matter of fact, they want dollars really bad.
So Trump and percent well, they want to get dollars
to the people around the world, and they see stable
coins as a way to do this.
Speaker 2 (03:22):
To weaponize digital.
Speaker 1 (03:24):
Dollars to make sure the dollar remains the world's default
currency in the age of crypto.
Speaker 2 (03:30):
And here's the crazy part.
Speaker 1 (03:31):
Ninety five percent of all stable coins today are already
backed by the US dollar. But currently the problem is,
at least for the US banking cartel, the banksters, is
that all these stable coins, they're being issued by private
companies like Tether and Circle, not by US banks.
Speaker 2 (03:49):
And that's what Trump wants to change.
Speaker 1 (03:51):
Instead of relying on random offshore companies, the US government
wants American banks to start issuing their own stable coins,
ones that are fully bad regulated and integrated into the
banking system.
Speaker 2 (04:04):
And here's where it gets even crazier.
Speaker 1 (04:05):
This isn't some far proposal like, It's already happening, like
right now. Trump's already started making huge moves behind the
scenes to make this a reality. Congress is working on
new laws for those US regulators are already flipping their
stance on crypto and the big banks. They're also preparing
for what's coming because this regime change is happening faster.
Speaker 2 (04:28):
Than anyone's expected.
Speaker 1 (04:29):
A right, Yeah, I want to just take a break
from this video for a second just to let you
know that We've been talking about the first one hundred
days of the Trump presidency, the first pro business president
and Elon Musk, the most tech visionary person ever. And
we're witness scene right now this crash in the markets.
And is it a crash in the markets or is
it a controlled demolition to bring rates down and push
(04:52):
asset prices hire.
Speaker 2 (04:53):
I want to break this all down for you.
Speaker 1 (04:55):
I got a whole bunch of charts to show you
exactly what I think is going to happen in the
markets over the next coming weeks and how we should
position ourselves.
Speaker 2 (05:01):
So come hang out with me totally for free.
Speaker 1 (05:03):
I do these live events. I'll show you all the charts,
and then we'll just open up for live Q and A.
It's a fun hangout and you'll learn exactly what to
be doing with your money over the next couple of
weeks while everyone's freaking out. There's a link down below
or a QR code on the screen. Click on it,
Come show up, hangout.
Speaker 2 (05:17):
It's going to be a great time.
Speaker 1 (05:18):
Trump's plans for banks to start issuing their own digital
dollars isn't just an idea, like I said, It's already
been put into motion. On March seventh, twenty twenty five,
the White House held's first ever Digital Assets summit, and
that's brought together the top crypto leaders, banking executives, and
members of Trump's cabinet. And during the livestream portion of
(05:39):
the meeting, Trump's Secretary Scott Pscent dropped basically dropped it.
In planning English, he said, quote, as President Trump has directed,
we are going to keep the US the dominant reserve
currency in the world, and we will use stable.
Speaker 2 (05:53):
Coins to do that. End quote.
Speaker 1 (05:55):
Now that quote should tell you everything you need to know.
The US government is now actively embracing digital assets US
dollars stable coins, not to fight crypto, but to use
as a weapon to maintain dollar dominance. Now, just days
after the summit ended, then Trump signed an executive order
launching what he calls a strategic Bitcoin Reserve and a US.
Speaker 2 (06:17):
Digital Assets Stockpile.
Speaker 1 (06:19):
Now, while that sounds flashy, the real action is actually
buried in the details. Treasury Secretary Descent made it clear
this order directs agencies to rework banking and tax rules
to favor stable coins. So one the Treasury is going
to amend and resend all previous guidance that hinders digital
(06:40):
asset markets.
Speaker 2 (06:41):
Number Two, the.
Speaker 1 (06:42):
Office of the Comptroller of the Currency shall create a
framework for stable cooin integration into national banks.
Speaker 2 (06:48):
So that means two massive things.
Speaker 1 (06:51):
First, it tells us Trump isn't just talking. His team
is rewriting the rules, like literally in real time as
we speak. Second, this all firms that banks are about
to get the green light to start issuing their own
stable coins. Meanwhile, Congress is already working on the legal
framework to make this official. In early twenty twenty five,
lawmakers introduced two major bills. There was one called the
(07:12):
Stable Act and another one called the Genius Act. Now,
both of these bills designed to create a federal framework
for stable coins. So the Stable Act, which was in
the House, it requires stable coin issuers to maintain a
one to one reserves in US treasuries or cash deposits.
Number two, the Genius Act, through the Senate, it grants
national banks and financial institutions the authority to issue and
(07:36):
settle stable coins under the occ oversight.
Speaker 2 (07:40):
Now here's the kicker.
Speaker 1 (07:41):
Trump isn't waiting around for these things, right, He's pushing
Congress to get a stable cooin bill on his desk.
By August, Trump said himself, quote, we want digital dollars
issued by American banks, not foreign companies, and not radical bureaucrats.
Speaker 2 (07:57):
Congress needs to get this done. Quote, Hey, small.
Speaker 1 (08:01):
Business owner, are you buried in all types of work
keeping you from the real thing that makes you money?
Well that's where just Works comes in. They're the all
in one platform that supports small business growth. You can
get all their tools that help with benefits like payroll
and HR and compliance with transparent pricing. Now they help
you hire top talent internationally, internew markets, quickly scale international
(08:24):
operations without the workload and forevery how.
Speaker 2 (08:27):
Do I do it? Question?
Speaker 1 (08:28):
You can reach out to their expert staff from sole
proprietor or a team of twenty. Just Works empowers all
kinds of small businesses with real human support. So visit
justworks dot com slash podcast to join the thousands of
small businesses that trust just Works to take care of payroll, benefits,
compliance and more. Again, that's Justworks dot com slash podcasts. Now,
(08:53):
to make this work, the administration needs federal agencies to
stop fighting crypto and start working with it. And guess
what that's exactly what's happening the occ The Office of
the Comptroller of the Currency just approved national banks to
start issuing their own stable coins.
Speaker 2 (09:10):
The IRS, of course, the.
Speaker 1 (09:11):
Internal Revenue Service they ordered to start rolling back restrictive
crypto tax rules to encourage adoption. Becenti even said the
Treasury will resend and amend all previous guidance that hurt
the digital asset markets.
Speaker 2 (09:26):
So think about that.
Speaker 1 (09:27):
Just a few years ago, regulators were cracking down on
crypto at every single opportunity. Now they're rescending. Now they're
rewriting the rules to make stable coins and digital assets
the foundation of the financial system.
Speaker 2 (09:39):
And this isn't just talk.
Speaker 1 (09:41):
Major banks are already preparing for what's coming. Jp Morgan
already launched jpm coin. It's a tokenized dollar for institutional use.
And guess what, it's backed one to one by cash reserves,
just like the new stable coin.
Speaker 2 (09:53):
Rules would require.
Speaker 1 (09:54):
Wells Fargo CEO just said they're exploring tokenized deposits, which,
let's be honest, it's just another way of saying stable coins.
And let's not forget circles usd C stable coin, which
is already been integrated into major payment networks, including visa, so.
Speaker 2 (10:09):
We can see it. It's happening.
Speaker 1 (10:11):
The banks know what's coming, and now they're all getting
into position. And now this leads us to the biggest question.
If banks are about to start issuing their own digital dollars,
could we be witnessing the return of free banking. Because
the last times banks had this much control over issuing money,
it led to one of the most explosive periods of
financial competition in US history.
Speaker 2 (10:33):
We might be about to see it happen all over again.
Speaker 1 (10:36):
Now for those of you that aren't history buffs like
I am, they might be asking what I'm like talking about.
Speaker 2 (10:41):
Well, this whole idea of banks.
Speaker 1 (10:43):
Issuing their own money, their own currency, it's not new.
The US already tried this before during the free banking
era from eighteen thirty seven to eighteen sixty three. Now,
back then, any bank could issue its own currency. You
didn't have to have US dollars. You had hundreds of
different bank notes circulating, issued by different financial institutions. And
(11:03):
here's the key part. Back then banks had to compete.
If a bank issued weak money, people didn't trust it.
If they issued strong money, their currency became widely accepted.
And this forced banks to actually earn trust. They had
to back their money with gold, silver, strong financial reserves
where people just wouldn't use it to go to a
competitor's bank instead. And because of this competition, banking services
(11:26):
and financial innovation skyrocketed. Now, if we fast forward that
to today, guess what we might be entering free banking
two point zero, Except this time it all happens on blockchains.
Speaker 2 (11:37):
Now, imagine walking.
Speaker 1 (11:39):
Into a store and having the option to pay with
a JPM coin or a Wells Fargo dollar or a
Goldman Sachs stable coin, just like in the eighteen hundreds.
Speaker 2 (11:47):
Now, back then banks would have had to compete for
your trust.
Speaker 1 (11:50):
The ones offering the most stable, the most secure, the
most widely accepted digital money would dominate the market.
Speaker 2 (11:56):
Scott Assent said it.
Speaker 1 (11:57):
He said, quote the stable coin framework will ensure financial
institutions can offer dollar back digital assets in a regulated,
secure manner. Now that means that banks could soon be
competing to issue the best digital dollars and this could
change everything. So what happens if banks are allowed to
compete again, Well, here's what it could mean for you
better banking services because banks would have to offer lower fees,
(12:20):
higher interest, faster transactions just to stay competitive, Stronger and
more secure money because stable coins would have clear regulations,
real asset backing, unlike offshore unregulated stable coins we see.
Speaker 2 (12:32):
Today, instant global payments.
Speaker 1 (12:34):
Your money could move anywhere in the world instantly without
relying on antiquated swift systems or outdated banking networks.
Speaker 2 (12:41):
More financial freedom.
Speaker 1 (12:42):
Instead of being forced into one monetary system, you'd have
real choices over.
Speaker 2 (12:46):
Where to store your wealth. In short, this could be
the biggest transformation in banking since the Internet.
Speaker 1 (12:52):
And so now that we know what's happening, where does
this lead us?
Speaker 2 (12:56):
Like, what's the big picture here? Well, the answer simple.
Speaker 1 (13:00):
This could be the biggest transformation of the US financial
system and of the US dollar in history. And when
everybody thinks of the US dollar is dying, it could
be seen in in its position as the dominant global
leader for decades. Now, Like I said, the dollars dominance
has been under attack from inflation, from global d dollarization
from countries like China and Russia, Russia pushing their own currencies,
(13:24):
But now with stable coins officially backed by US banks,
the dollar could.
Speaker 2 (13:27):
Actually come out stronger than ever.
Speaker 1 (13:29):
Why would that even strengthen the US dollar, You might ask, well,
more global demand for dollars. We have this situation where
people all around the world with failing currencies think Lebanon, Turkey, Argentina, Venezuela, Peru.
Speaker 2 (13:42):
They all want US.
Speaker 1 (13:43):
Dollars, but they can't get them, and the government wants
them to have US dollars, and.
Speaker 2 (13:48):
So US stable coins is a way to do that now.
Speaker 1 (13:50):
Right now, over two hundred billion dollars in stable coins
are already circulating worldwide. Almost all of them are pegged
to the US dollar, and that number is expected to
go at least ten x, maybe even one hundred x
as stable coins go mainstream and then banks start competing
to offer the best digital dollars Instead of a single
outdated financial system, we could see banks competing for better, faster,
(14:12):
and more services. Now, of course, anytime we have competition,
we get better products, better services, better prices.
Speaker 2 (14:19):
And this isn't just about stable coins. Banks are now.
Speaker 1 (14:22):
Able to hold digital assets think bitcoin. Now, imagine a
future where sending money in internationally happens instantly with near
zero fees, all powered by US bank issued stable coins.
This could lock the US dollar in as the global
reserve currency for the next era of digital finance, ensuring
the US remains at the center of global trade, investment
(14:43):
in banking. But here's the thing, there's another option, one
that doesn't require stable coins, one that doesn't even require banks.
You see, Trump and percent made it clear that they
also support bitcoin with the Executive Order and the Strategic
Bitcoin Reserve. Now that was of it being a crypto reserve,
but they made it clear this is a bitcoin reserve,
(15:04):
not crypto. They said that bitcoin is different and will
be treated different than anything else. And the thing with
bitcoin is it allows us to be our own banks.
So instead of relying on stable coins and banks to
control your money, Bitcoin lets you hold your wealth directly
without any middlemen, without any restrictions. And with bitcoin we
have true financial sovereignty. There's no need to trust a
(15:25):
bank issued stable coin. You control your own money anywhere
in the world. You can move it instantly across borders
with or without government approval, and yes, without the bank.
And most importantly though, it's a hedge against inflation. Unlike
the dollar, Bitcoin has a fixed supply. There's only going
to ever be twenty one million bitcoin. So instead of
(15:45):
your money, your dollars buying less and less goods and
services in the future. Bitcoin buys you more goods than
services in the future. Let me give you an example.
In twenty sixteen, the US median home price in the
US was two hundred and eighty eighty four hundred dollars,
and it was also six hundred and sixty four bitcoin. Today,
the US meeting home is four hundred and thirty four thousand,
(16:07):
seven hundred dollars, but it's only six bitcoin.
Speaker 2 (16:10):
Okay, just one more quick break. Hopefully you're enjoying the video.
Speaker 1 (16:13):
I just want to let you know that I am
going to be breaking down what Trump is doing, Trump
and percent, how the markets are crashing, but how there's
a pivot coming, and what we should be doing to
put ourselves in the right position as Trump and Elon
Musk are building something special in the first one hundred days.
Speaker 2 (16:30):
I'm want to break it down.
Speaker 1 (16:30):
I got a bunch of charts to show you, a
bunch of graphs, and then we'll open up for Q
and A. It's going to be a fun hangout. We'll
figure out how to position ourselves. Click on the link
down below. It's free to come join. There's a QR
code on the screen. Hope to see you there.
Speaker 2 (16:42):
Let's jump back in and finish the video.
Speaker 1 (16:44):
So as banks start rolling out their own digital dollars,
you've got to ask yourself.
Speaker 2 (16:48):
Do you trust them?
Speaker 1 (16:49):
Would you rather have your own money fully under your
own control? This is the future of money. The US
is moving into a digital dollar era, whether you like
it or not. Right and stable coins could be a
massive opportunity for those who see what's coming. But if
you believe in real financial sovereignty, if you don't want
to rely on banks and corporations to hold your money,
then bitcoin is the alternative.
Speaker 2 (17:09):
And if you want to.
Speaker 1 (17:10):
Know more about where I think the price of bitcoin
ends up in the year twenty thirty, twenty forty and
twenty fifty and why, you might want to watch this
video right there.
Speaker 2 (17:20):
All right, now, what's your move?
Speaker 1 (17:21):
Do you see this as booming new financial revolution for
the US dollar or just another step towards a world
where bitcoin becomes the dominant financial system. Let me know
in the comments down below. As always, give be thumbs
up if you like it. If you don't thumb down,
that's okay. Let me know either why.
Speaker 2 (17:35):
And that's what I got to your success. I'm out
What if I told you Trump just made a move
that could completely rewrite the US financial system and nobody's even.
Speaker 2 (00:06):
Talking about it.
Speaker 1 (00:07):
Now, for the first time in history, the US government
is officially endorsing digital assets and stable coins, and they're
pushing banks to play a major role.
Speaker 2 (00:16):
Treasury Secretary Scott.
Speaker 1 (00:17):
Descent just said, quote, we are going to keep the
US the dominant reserve currency in the world, and we
will use.
Speaker 2 (00:25):
Stable coins to do that. End quote. But here's where
it gets really interesting. They have two ways to do this.
Speaker 1 (00:32):
One of them is a complete government controlled system, but
the other it could take us back to a financial
model from over two hundred years ago, where banks competed
to issue their own money, a system that some call
chaotic but others say was one of the greatest golden
ages of financial innovation.
Speaker 2 (00:50):
So the big.
Speaker 1 (00:50):
Question is are we about to see the return of
free banking, and if so, what does that mean for you?
By then this video, you're going to be able to
under stand exactly what's happening, why the government is pushing
this now, and how it could create one of the
biggest wealth building opportunities of the decade. Now, real quick,
I'm Mark Moss I've built and exited multiple tech companies.
(01:11):
I've invested through several boom and Bus cycles, and today,
while partner at are leading bitcoin venture fund, I'm an
advisor to multiple public tech companies, and I also write
the Quantum Wave Investment Report to help investors navigate the
biggest shifts in tech and money. Now, I make these
videos to share the insights that we're using so you
can profit from these massive shifts for the rest of
the world. In this video, I'm gonna break down trump
(01:33):
secret plan. How is administration is fast tracking financial changes
right now, Why this is happening, the real reason why
the US is actually trying to embrace crypto, the new
banking era that could spark this new age of financial competition, and.
Speaker 2 (01:47):
Like I said, what it means for us.
Speaker 1 (01:49):
All right, let's go all right, So let's break this down.
Why is the US government suddenly pushing stable coins?
Speaker 2 (01:58):
Why now?
Speaker 1 (01:58):
And more importantly, why is Trump leading the charge on
all this? Well, this all became crystal clear just last
week when the White House Digital Assets Summit met and
Trump's Treasury Secretary Scott Descent made this huge announcement. He said, quote,
we are going to keep the US the dominant reserve
currency in the world, and we'll use stable coins to
(02:20):
do that.
Speaker 2 (02:21):
End quote.
Speaker 1 (02:22):
Now, if I just pause right there and think about that,
I mean, this is huge. For years, the US government's
been either ignoring or actively fighting against cryptocurrencies, but now
they're embracing them. They're embracing stable coins. So why Well,
partly because they have no other choice. You see, the
US dollar is under massive threat like never before. Inflation
(02:45):
has been spiraling out of control, Global trade is shifting
away from the dollar. China is aggressively trying to bring
other people into his own currency. We have the bricks
nations trying to set up their own currencies, and China
is trying.
Speaker 2 (02:57):
To set up their own stable coin, the EEC and why.
Speaker 1 (03:00):
And they want to do this to bypass US financial sanctions.
Speaker 2 (03:03):
But while governments might want to get away from the.
Speaker 1 (03:05):
US dollar, you know, in favor of their own currencies,
the people around the world, well, they still want dollars.
As a matter of fact, they want dollars really bad.
So Trump and percent well, they want to get dollars
to the people around the world, and they see stable
coins as a way to do this.
Speaker 2 (03:22):
To weaponize digital.
Speaker 1 (03:24):
Dollars to make sure the dollar remains the world's default
currency in the age of crypto.
Speaker 2 (03:30):
And here's the crazy part.
Speaker 1 (03:31):
Ninety five percent of all stable coins today are already
backed by the US dollar. But currently the problem is,
at least for the US banking cartel, the banksters, is
that all these stable coins, they're being issued by private
companies like Tether and Circle, not by US banks.
Speaker 2 (03:49):
And that's what Trump wants to change.
Speaker 1 (03:51):
Instead of relying on random offshore companies, the US government
wants American banks to start issuing their own stable coins,
ones that are fully bad regulated and integrated into the
banking system.
Speaker 2 (04:04):
And here's where it gets even crazier.
Speaker 1 (04:05):
This isn't some far proposal like, It's already happening, like
right now. Trump's already started making huge moves behind the
scenes to make this a reality. Congress is working on
new laws for those US regulators are already flipping their
stance on crypto and the big banks. They're also preparing
for what's coming because this regime change is happening faster.
Speaker 2 (04:28):
Than anyone's expected.
Speaker 1 (04:29):
A right, Yeah, I want to just take a break
from this video for a second just to let you
know that We've been talking about the first one hundred
days of the Trump presidency, the first pro business president
and Elon Musk, the most tech visionary person ever. And
we're witness scene right now this crash in the markets.
And is it a crash in the markets or is
it a controlled demolition to bring rates down and push
(04:52):
asset prices hire.
Speaker 2 (04:53):
I want to break this all down for you.
Speaker 1 (04:55):
I got a whole bunch of charts to show you
exactly what I think is going to happen in the
markets over the next coming weeks and how we should
position ourselves.
Speaker 2 (05:01):
So come hang out with me totally for free.
Speaker 1 (05:03):
I do these live events. I'll show you all the charts,
and then we'll just open up for live Q and A.
It's a fun hangout and you'll learn exactly what to
be doing with your money over the next couple of
weeks while everyone's freaking out. There's a link down below
or a QR code on the screen. Click on it,
Come show up, hangout.
Speaker 2 (05:17):
It's going to be a great time.
Speaker 1 (05:18):
Trump's plans for banks to start issuing their own digital
dollars isn't just an idea, like I said, It's already
been put into motion. On March seventh, twenty twenty five,
the White House held's first ever Digital Assets summit, and
that's brought together the top crypto leaders, banking executives, and
members of Trump's cabinet. And during the livestream portion of
(05:39):
the meeting, Trump's Secretary Scott Pscent dropped basically dropped it.
In planning English, he said, quote, as President Trump has directed,
we are going to keep the US the dominant reserve
currency in the world, and we will use stable.
Speaker 2 (05:53):
Coins to do that. End quote.
Speaker 1 (05:55):
Now that quote should tell you everything you need to know.
The US government is now actively embracing digital assets US
dollars stable coins, not to fight crypto, but to use
as a weapon to maintain dollar dominance. Now, just days
after the summit ended, then Trump signed an executive order
launching what he calls a strategic Bitcoin Reserve and a US.
Speaker 2 (06:17):
Digital Assets Stockpile.
Speaker 1 (06:19):
Now, while that sounds flashy, the real action is actually
buried in the details. Treasury Secretary Descent made it clear
this order directs agencies to rework banking and tax rules
to favor stable coins. So one the Treasury is going
to amend and resend all previous guidance that hinders digital
(06:40):
asset markets.
Speaker 2 (06:41):
Number Two, the.
Speaker 1 (06:42):
Office of the Comptroller of the Currency shall create a
framework for stable cooin integration into national banks.
Speaker 2 (06:48):
So that means two massive things.
Speaker 1 (06:51):
First, it tells us Trump isn't just talking. His team
is rewriting the rules, like literally in real time as
we speak. Second, this all firms that banks are about
to get the green light to start issuing their own
stable coins. Meanwhile, Congress is already working on the legal
framework to make this official. In early twenty twenty five,
lawmakers introduced two major bills. There was one called the
(07:12):
Stable Act and another one called the Genius Act. Now,
both of these bills designed to create a federal framework
for stable coins. So the Stable Act, which was in
the House, it requires stable coin issuers to maintain a
one to one reserves in US treasuries or cash deposits.
Number two, the Genius Act, through the Senate, it grants
national banks and financial institutions the authority to issue and
(07:36):
settle stable coins under the occ oversight.
Speaker 2 (07:40):
Now here's the kicker.
Speaker 1 (07:41):
Trump isn't waiting around for these things, right, He's pushing
Congress to get a stable cooin bill on his desk.
By August, Trump said himself, quote, we want digital dollars
issued by American banks, not foreign companies, and not radical bureaucrats.
Speaker 2 (07:57):
Congress needs to get this done. Quote, Hey, small.
Speaker 1 (08:01):
Business owner, are you buried in all types of work
keeping you from the real thing that makes you money?
Well that's where just Works comes in. They're the all
in one platform that supports small business growth. You can
get all their tools that help with benefits like payroll
and HR and compliance with transparent pricing. Now they help
you hire top talent internationally, internew markets, quickly scale international
(08:24):
operations without the workload and forevery how.
Speaker 2 (08:27):
Do I do it? Question?
Speaker 1 (08:28):
You can reach out to their expert staff from sole
proprietor or a team of twenty. Just Works empowers all
kinds of small businesses with real human support. So visit
justworks dot com slash podcast to join the thousands of
small businesses that trust just Works to take care of payroll, benefits,
compliance and more. Again, that's Justworks dot com slash podcasts. Now,
(08:53):
to make this work, the administration needs federal agencies to
stop fighting crypto and start working with it. And guess
what that's exactly what's happening the occ The Office of
the Comptroller of the Currency just approved national banks to
start issuing their own stable coins.
Speaker 2 (09:10):
The IRS, of course, the.
Speaker 1 (09:11):
Internal Revenue Service they ordered to start rolling back restrictive
crypto tax rules to encourage adoption. Becenti even said the
Treasury will resend and amend all previous guidance that hurt
the digital asset markets.
Speaker 2 (09:26):
So think about that.
Speaker 1 (09:27):
Just a few years ago, regulators were cracking down on
crypto at every single opportunity. Now they're rescending. Now they're
rewriting the rules to make stable coins and digital assets
the foundation of the financial system.
Speaker 2 (09:39):
And this isn't just talk.
Speaker 1 (09:41):
Major banks are already preparing for what's coming. Jp Morgan
already launched jpm coin. It's a tokenized dollar for institutional use.
And guess what, it's backed one to one by cash reserves,
just like the new stable coin.
Speaker 2 (09:53):
Rules would require.
Speaker 1 (09:54):
Wells Fargo CEO just said they're exploring tokenized deposits, which,
let's be honest, it's just another way of saying stable coins.
And let's not forget circles usd C stable coin, which
is already been integrated into major payment networks, including visa, so.
Speaker 2 (10:09):
We can see it. It's happening.
Speaker 1 (10:11):
The banks know what's coming, and now they're all getting
into position. And now this leads us to the biggest question.
If banks are about to start issuing their own digital dollars,
could we be witnessing the return of free banking. Because
the last times banks had this much control over issuing money,
it led to one of the most explosive periods of
financial competition in US history.
Speaker 2 (10:33):
We might be about to see it happen all over again.
Speaker 1 (10:36):
Now for those of you that aren't history buffs like
I am, they might be asking what I'm like talking about.
Speaker 2 (10:41):
Well, this whole idea of banks.
Speaker 1 (10:43):
Issuing their own money, their own currency, it's not new.
The US already tried this before during the free banking
era from eighteen thirty seven to eighteen sixty three. Now,
back then, any bank could issue its own currency. You
didn't have to have US dollars. You had hundreds of
different bank notes circulating, issued by different financial institutions. And
(11:03):
here's the key part. Back then banks had to compete.
If a bank issued weak money, people didn't trust it.
If they issued strong money, their currency became widely accepted.
And this forced banks to actually earn trust. They had
to back their money with gold, silver, strong financial reserves
where people just wouldn't use it to go to a
competitor's bank instead. And because of this competition, banking services
(11:26):
and financial innovation skyrocketed. Now, if we fast forward that
to today, guess what we might be entering free banking
two point zero, Except this time it all happens on blockchains.
Speaker 2 (11:37):
Now, imagine walking.
Speaker 1 (11:39):
Into a store and having the option to pay with
a JPM coin or a Wells Fargo dollar or a
Goldman Sachs stable coin, just like in the eighteen hundreds.
Speaker 2 (11:47):
Now, back then banks would have had to compete for
your trust.
Speaker 1 (11:50):
The ones offering the most stable, the most secure, the
most widely accepted digital money would dominate the market.
Speaker 2 (11:56):
Scott Assent said it.
Speaker 1 (11:57):
He said, quote the stable coin framework will ensure financial
institutions can offer dollar back digital assets in a regulated,
secure manner. Now that means that banks could soon be
competing to issue the best digital dollars and this could
change everything. So what happens if banks are allowed to
compete again, Well, here's what it could mean for you
better banking services because banks would have to offer lower fees,
(12:20):
higher interest, faster transactions just to stay competitive, Stronger and
more secure money because stable coins would have clear regulations,
real asset backing, unlike offshore unregulated stable coins we see.
Speaker 2 (12:32):
Today, instant global payments.
Speaker 1 (12:34):
Your money could move anywhere in the world instantly without
relying on antiquated swift systems or outdated banking networks.
Speaker 2 (12:41):
More financial freedom.
Speaker 1 (12:42):
Instead of being forced into one monetary system, you'd have
real choices over.
Speaker 2 (12:46):
Where to store your wealth. In short, this could be
the biggest transformation in banking since the Internet.
Speaker 1 (12:52):
And so now that we know what's happening, where does
this lead us?
Speaker 2 (12:56):
Like, what's the big picture here? Well, the answer simple.
Speaker 1 (13:00):
This could be the biggest transformation of the US financial
system and of the US dollar in history. And when
everybody thinks of the US dollar is dying, it could
be seen in in its position as the dominant global
leader for decades. Now, Like I said, the dollars dominance
has been under attack from inflation, from global d dollarization
from countries like China and Russia, Russia pushing their own currencies,
(13:24):
But now with stable coins officially backed by US banks,
the dollar could.
Speaker 2 (13:27):
Actually come out stronger than ever.
Speaker 1 (13:29):
Why would that even strengthen the US dollar, You might ask, well,
more global demand for dollars. We have this situation where
people all around the world with failing currencies think Lebanon, Turkey, Argentina, Venezuela, Peru.
Speaker 2 (13:42):
They all want US.
Speaker 1 (13:43):
Dollars, but they can't get them, and the government wants
them to have US dollars, and.
Speaker 2 (13:48):
So US stable coins is a way to do that now.
Speaker 1 (13:50):
Right now, over two hundred billion dollars in stable coins
are already circulating worldwide. Almost all of them are pegged
to the US dollar, and that number is expected to
go at least ten x, maybe even one hundred x
as stable coins go mainstream and then banks start competing
to offer the best digital dollars Instead of a single
outdated financial system, we could see banks competing for better, faster,
(14:12):
and more services. Now, of course, anytime we have competition,
we get better products, better services, better prices.
Speaker 2 (14:19):
And this isn't just about stable coins. Banks are now.
Speaker 1 (14:22):
Able to hold digital assets think bitcoin. Now, imagine a
future where sending money in internationally happens instantly with near
zero fees, all powered by US bank issued stable coins.
This could lock the US dollar in as the global
reserve currency for the next era of digital finance, ensuring
the US remains at the center of global trade, investment
(14:43):
in banking. But here's the thing, there's another option, one
that doesn't require stable coins, one that doesn't even require banks.
You see, Trump and percent made it clear that they
also support bitcoin with the Executive Order and the Strategic
Bitcoin Reserve. Now that was of it being a crypto reserve,
but they made it clear this is a bitcoin reserve,
(15:04):
not crypto. They said that bitcoin is different and will
be treated different than anything else. And the thing with
bitcoin is it allows us to be our own banks.
So instead of relying on stable coins and banks to
control your money, Bitcoin lets you hold your wealth directly
without any middlemen, without any restrictions. And with bitcoin we
have true financial sovereignty. There's no need to trust a
(15:25):
bank issued stable coin. You control your own money anywhere
in the world. You can move it instantly across borders
with or without government approval, and yes, without the bank.
And most importantly though, it's a hedge against inflation. Unlike
the dollar, Bitcoin has a fixed supply. There's only going
to ever be twenty one million bitcoin. So instead of
(15:45):
your money, your dollars buying less and less goods and
services in the future. Bitcoin buys you more goods than
services in the future. Let me give you an example.
In twenty sixteen, the US median home price in the
US was two hundred and eighty eighty four hundred dollars,
and it was also six hundred and sixty four bitcoin. Today,
the US meeting home is four hundred and thirty four thousand,
(16:07):
seven hundred dollars, but it's only six bitcoin.
Speaker 2 (16:10):
Okay, just one more quick break. Hopefully you're enjoying the video.
Speaker 1 (16:13):
I just want to let you know that I am
going to be breaking down what Trump is doing, Trump
and percent, how the markets are crashing, but how there's
a pivot coming, and what we should be doing to
put ourselves in the right position as Trump and Elon
Musk are building something special in the first one hundred days.
Speaker 2 (16:30):
I'm want to break it down.
Speaker 1 (16:30):
I got a bunch of charts to show you, a
bunch of graphs, and then we'll open up for Q
and A. It's going to be a fun hangout. We'll
figure out how to position ourselves. Click on the link
down below. It's free to come join. There's a QR
code on the screen. Hope to see you there.
Speaker 2 (16:42):
Let's jump back in and finish the video.
Speaker 1 (16:44):
So as banks start rolling out their own digital dollars,
you've got to ask yourself.
Speaker 2 (16:48):
Do you trust them?
Speaker 1 (16:49):
Would you rather have your own money fully under your
own control? This is the future of money. The US
is moving into a digital dollar era, whether you like
it or not. Right and stable coins could be a
massive opportunity for those who see what's coming. But if
you believe in real financial sovereignty, if you don't want
to rely on banks and corporations to hold your money,
then bitcoin is the alternative.
Speaker 2 (17:09):
And if you want to.
Speaker 1 (17:10):
Know more about where I think the price of bitcoin
ends up in the year twenty thirty, twenty forty and
twenty fifty and why, you might want to watch this
video right there.
Speaker 2 (17:20):
All right, now, what's your move?
Speaker 1 (17:21):
Do you see this as booming new financial revolution for
the US dollar or just another step towards a world
where bitcoin becomes the dominant financial system. Let me know
in the comments down below. As always, give be thumbs
up if you like it. If you don't thumb down,
that's okay. Let me know either why.
Speaker 2 (17:35):
And that's what I got to your success. I'm out
Host
Mark Moss
Show Links
The Mark Moss ShowMark's WebsitePopular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.