XRP is a central bank digital currency. Ban this
Speaker:guy. XRP will never hit $10,000. This guy
Speaker:Donald Trump just literally changed everything. I cannot believe that
Speaker:Yes, I just made $1,000 in Dogecoin. Time to buy
Speaker:This chick's nuts. I predict in the next 10 years that
Speaker:crypto blockchain will be the 12th sector of the
Speaker:One of my favorite things to do, we're gonna do some reactions to some crypto
Speaker:related videos. I'm Matthew Fraser and this is
Speaker:Crypto Collective. After making millions with Amazon and e-commerce,
Speaker:I realized that if I was starting again today, crypto would
Speaker:be my first choice. I'm here to help you take your first
Speaker:steps and build real wealth. Ready to set yourself up
Speaker:for life? Let's go. Hey guys, welcome to Crypto
Speaker:Collective. My name is Matthew Fraser and in today's episode, one of my favorite
Speaker:things to do, We're going to do some reactions to some crypto-related videos.
Speaker:Yes, I just made $1,000 in Dogecoin. It's time to buy
Speaker:Before you buy your new Gucci shoes, did you know that you actually need
Speaker:I don't even care about the capital gains tax here. This chick's nuts. Well, I
Speaker:certainly wouldn't sell you Bitcoin to buy Gucci
Speaker:shoes. That is crazy. Maybe
Speaker:Wait, you need to pay tax on crypto? Yes, whenever you
Speaker:sell shares or crypto for a profit, you do need to pay capital
Speaker:I just want to point out though that I actually I've seen Queenie Tan before.
Speaker:I think she's really good and I think that's great that she's putting together a video
Speaker:just like this because yes, In this day and age,
Speaker:the tax office is onto you and they want to make sure you're paying
Speaker:the tax. Even though the Australian government right now basically completely disregards
Speaker:the crypto and Bitcoin industry. They're so back in like
Speaker:the 1980s. America is forging ahead. El Salvador's already
Speaker:forged ahead. Australia is so far behind. But don't
Speaker:worry, the tax office is still onto your case and making
Speaker:sure that you pay all you have to regarding capital gains. In
Speaker:fact, Right now in America, they're proposing
Speaker:no capital gains on crypto altogether. And hopefully, Australia
Speaker:Australia should be doing exactly the same thing. If any politician
Speaker:was smart and knew anything about Bitcoin and crypto, they would be
Speaker:trying to make not other countries the capital of
Speaker:crypto, but let's make Australia the
Speaker:capital of crypto. That means things like Bitcoin mining,
Speaker:having great tax incentives to bring all that intellectual and
Speaker:physical property into Australia. We've got an abundance of
Speaker:energy, as you know, with Bitcoin mining in particular, It
Speaker:uses a lot of energy and we've got a ton of it here. I
Speaker:really hope Dutton gets in on this one and we can bring in nuclear energy
Speaker:and then we could tap in our Bitcoin miners to
Speaker:the nuclear power plant. A completely renewable energy
Speaker:I predict in the next 10 years the crypto blockchain Bitcoin,
Speaker:all of this innovation will be the 12th sector
Speaker:of the S&P. I say that because Bitcoin
Speaker:is not a coin. It's software. Ethereum is software.
Speaker:Avalanche is software. Helium is software. Solana is software. It's
Speaker:all software. And the smartest hands over keyboards today in
Speaker:the world are developing on the chain and bringing innovation
Speaker:to financial services, which in the end is the largest sector on
Speaker:Well, the financial sector is the largest on
Speaker:earth, but the Australian financial sector has a lot
Speaker:to do as far as catching up. Now, there are some great places
Speaker:in Australia that will actually lend on your Bitcoin, the Bitcoin lenders,
Speaker:as I call them. But the Australian banks, oh my god, they
Speaker:are absolutely hopeless. They've really got to pull up their socks and
Speaker:25 is going to be a massive bull run. Bitcoin is going higher. Cryptocurrency
Speaker:is all over going to be pumping, including our favorite Dogecoin.
Speaker:This guy's made a ton of money on Dogecoin. Is this going to go much
Speaker:higher? Is it going to go to a dollar? Yes, we can. Yes, we can.
Speaker:Doge can get all the way up past $0.50, past
Speaker:the all-time high, all the way to $1.16 and even higher. It's going
Speaker:Well, I think it's going to be a fun time for all cryptos, to be honest. It's a case
Speaker:right now where 2025, we're in the bull run. You could probably
Speaker:put your money into any of the top 100 crypto coins
Speaker:and they're going to go up. So it's pretty simple right now to
Speaker:make some money. However, there's only one true
Speaker:crypto. And some people don't even call it crypto. It's called
Speaker:So if you had $1,000 today, how would you break that
Speaker:This is going to be different. All right. I'm going to go $300 with Bitcoin, just like
Speaker:you did. I'm going to do
Speaker:$300 in ETH. That's six. I'm going to do $200 in
Speaker:Chainlink. Oh, Chainlink.
Speaker:Chainlink, yeah, ETH, meh, kind of boring now.
Speaker:Look, ETH is doing OK. Let's see, though, if
Speaker:he mentions the number one layer one right
Speaker:I'm going to do 100 after that. The last 100, I would say.
Speaker:Oh, Solana. Yeah, we got Solana at the very end. Look, not
Speaker:a bad breakup. He would be diversifying within
Speaker:the crypto space. But ultimately, this is what I
Speaker:say to all my friends and family and students, and
Speaker:that is that there's only one asset that nation-states,
Speaker:corporations, and governments are clamoring over themselves to
Speaker:get. and that is Bitcoin. So if you have only
Speaker:$1,000 and you want to play it absolutely safe, you can
Speaker:only invest in one true asset, which is Bitcoin. Hey, just
Speaker:quickly, if you're ready to dive deeper into crypto and Bitcoin and
Speaker:build real wealth, join my free crypto collective
Speaker:community. It's where I share exclusive insights and strategies and
Speaker:live discussions to help you succeed, whether you're a beginner or
Speaker:scaling your portfolio. Click on the link in the description and join
Speaker:execute all right I got them both placed let's try to smash some
Speaker:shit here and we're good just like
Speaker:that TP hit oh we love that All
Speaker:Thousand. Thousand. Thousand. Thousand. Thousand. Thousand. Wow. OK. Let
Speaker:me just say something here. This makes it look like day trading.
Speaker:It's so simple. You just put your money in. You use leverage. It
Speaker:goes up. You make money. Most people get wrecked when
Speaker:using leverage in particular. And I can tell you, the
Speaker:This is so cool. For those people who don't know, that first, that top video, that
Speaker:was him back in the day buying Bitcoin at $100. He's still
Speaker:around. He's an OG in the Bitcoin space. He's now
Speaker:looking at the price at $100,000. And I know many of you are thinking, have
Speaker:we missed the top? Will we ever see high prices again? I would
Speaker:say that in maybe the next 10 years or even 20 years,
Speaker:he'll do another video and he'll be like, Bitcoin's at
Speaker:a million dollars. And we'll all be thinking, I wish we
Speaker:XRP is a central bank digital currency. Yes, it
Speaker:is pumping. But for years, Ripple, the company who made
Speaker:XRP, has been dumping on its holders. In 2024 alone,
Speaker:Ripple has dumped an estimated 3 billion XRP
Speaker:onto the market. XRP is also extremely centralized. Most
Speaker:nodes on XRPL are run by bank-operated servers.
Speaker:Ripple itself is estimated to run about 10% of
Speaker:nodes on the network. They have also attacked decentralized currencies
Speaker:countless times. In 2022, the founder of Ripple created
Speaker:an entire marketing campaign pushing that Bitcoin should
Speaker:be on a proof-of-stake network, which would essentially destroy
Speaker:the ethos of Bitcoin, opening up the risk of, ban this guy.
Speaker:XRP will never hit $10,000, but YouTubers and
Speaker:TikTokers are feeding you hopium so they can use
Speaker:Y'all be in play, follow me for more. Guys, I got to admit, I
Speaker:used to hold XRP and I exited XRP earlier
Speaker:on this year. All my holdings were gone. This guy is
Speaker:talking a lot of sense though, and it is a centralized
Speaker:token. But you know what? There's so many people now that
Speaker:are on the Hopium bandwagon and praying that
Speaker:that XRP becomes the next Bitcoin or something. But
Speaker:I tell you what though, there is nothing more safe and
Speaker:A kid creates a coin, pumps and dumps it, makes 30k.
Speaker:Wait, what?
Speaker:Oh my
Speaker:The kid's actually quite funny because he obviously goes mental. 30k
Speaker:is a lot of money but I've heard the story behind this one before. Now so what this
Speaker:guy's done is he's pumped up fake coin. People
Speaker:have invested in it and then once it got to a certain price he pulled
Speaker:all the money out of the coin. left everybody with no money and
Speaker:he ran off with his $30,000. This to
Speaker:me is a complete sack of you know what and I
Speaker:hope he never comes back into the crypto community again. All right, guys, thank
Speaker:you so much for joining me on this episode of Reactions. Be
Speaker:sure to tune in for the next episode. Thanks so much for coming. Take
Speaker:care. Thanks for tuning in to Crypto Collective. If you've enjoyed this episode,
Speaker:the best way to show your support is to leave a five-star review on
Speaker:Apple Podcast or Spotify and make sure to subscribe to
Speaker:the YouTube channel so you don't miss an episode. You can also find more
Speaker:of me at I'm Matthew Fraser on