 Welcome to Digital Asset News, the top stories in cryptocurrencies and digital assets. Break them down into bite-sized pieces. Today, we've got some great news. First up, former White House senior staffer joins top blockchain lobbying group alongside Visa and Goldman Sachs. This is pretty interesting about what is going on with the banks, which leads us really into our main story, which is USAA, a bank primarily for military personnel and veterans, which is now open to everybody, has already integrated with Coinbase. The ramifications for this bank to be integrated in this way is staggering. We're going to go over what this all means and how it all plays out. Also building our Tim Draper and Bill's crypto holding, which is not a big story, but one of the things that he's holding is XRP and also some other really unknown types of cryptocurrency, which I thought was fascinating. So we'll go over that. That'll lead us into Q of the day, we should go at the very end, but first let's take a look at what's going on in the market. So today, it is September 24th, it's about 2 p.m. Texas time, getting done late is just cannot catch up. But here we are, Bitcoin up 4% for the day, nice, 10.6, hopefully it's 11. Ethereum, hey, it's around through 50, I'm pretty happy because it's Tether. And yeah, XRP, look, I know people have been saying, hey, why do you always, you know, poo poo poo all over XRP and whatever else? Look, I'm a holder, and I will just tell you one thing, if you are new to the crypto space. I'm just be honest with you, XRP really let me down. And that's the truth. It really let me down. And people are going to say, ah, well, it's going to come back. Sure, it could. If you are new, I will just say this, XRP has, it could have, it could have tremendous upside potential out of all the ones. I mean, Bitcoin is down 50% from its all-time high. Ethereum is down like 70 or 80%, Tether Tether, no one cares about that. But XRP is down like 95% from its all-time high. So if you're looking for a big upshot, it might be XRP. I don't know. It seems to have nothing but partnerships and great news and everything is fantastic. Yet, it is just about like a stable coin. The market goes up, XRP stays the same. Mark goes down, XRP pretty much stays the same, or it goes down a little bit lower. So I will just say that do your research, check it out. I personally hold it. I will not, I will not get rid of it because I'm just too stubborn. And I'll go down with the ship and that's what it's going to be. Polkadot up 9%, wow, it's pretty good. Bitcoin Cash, woman 6, Chainlink, massive run, 34%, holy smokes, $10, I didn't see that coming. And what else we got? Cardano up 7, it's pretty nice, but still down, 11% for Tezos, 17% for Cosmos, very nice, 10.5% for VeChain, I'd like to see that. Where's our unit, ah, there's my Uniswap, 13%, almost at $5 on Tibet. And Theta Network, look at that jump, 15%, 20% for the week, 63 cents, I gotta tell you, I gotta tell you. Theta is going to be huge. It's going to be big. If you believe in e-gaming and what's going on with streaming, you should be looking at Theta. I own Theta. I think it's going to be big. I need to start doing the live streams on Theta. I will definitely get that done this week. On top of the other 1,000 things I have to do, but I definitely need to do that. And that's it. Look, there's some big stuff let's just get into it, huh? First up, this is huge. White House senior staffer joins blockchain lobbying group. So what's happened here? First of all, the lobbying group, Chamber of Digital Commerce has on board a former acting White House chief of staff, Mike Mulvaney. Who the heck is that? Well, if you don't know, that's Mike Mulvaney. And he was President Trump's former chief of staff. He served as director of the Office of Management and Budget, or OMB, from 2017 and 2020. And he was also served as the acting director of the Consumer Financial Protection Bureau from 2017 and 2018 as well. He also served in the State House of Representatives and then the State Senate. So to say that this guy knows his way around Washington, D.C. is a terrible, terrible understatement. This is the guy that you need on your side if you want to get through all the swamp of what it is over there. So that's Mulvaney. And on top of Mulvaney's appointment, Heavyweight's Visa, Goldman Sachs and Six Digital Exchange have also joined as executive committee members. So what they're trying to do is ramp down some legislation because they need to get it because they know that they can't move forward without legislation really taking over, or some regulations. The founder of the Chamber of Digital Commerce, Perian Boring, noted that Mulvaney's long-standing experience will help them pacify nervy regulators. His experience as a legislator is very valuable because he can help us navigate Congress, which is complicated, obviously, right? It's not about what you know. It's who you know. The guy knows probably everybody. Mulvaney said, I believe U.S. advancement of blockchain development and policy is crucial to our continued success as a global leader in technological evolution. Also, you've probably got paid pretty fat. Just me. So regarding the onboarding of Visa and Goldman Sachs, it falls in line with ongoing trend of traditional finance exploring the world of cryptocurrencies. And what I'm going to show you in a little bit is going to blow your mind. Just last month, Goldman Sachs appointed new head of digital assets who will help the bank in creating its own token tied to fiat currency. It's pretty funny how Goldman Sachs talks about how Bitcoin is even an asset class and it's worthless, essentially. And it's like, you know what, though? We want to do our own, but the other stuff is worthless. Of course it is. Of course it is because you want to make all the money and that's just what you're all about. And that's just how it goes. Let's just call it spade-to-spade, right? I mean, we're all in the game. That's what they want to do. That's what they want to do. But we know the truth because we've been here for a while and we know what is actually happening. Lastly, Visa has partnered with US cryptocurrency exchange Coinbase to issue Bitcoin, Ethereum, and XRP debit cards. The digital payments firm also recently applied for a new patent for a digital fiat currency. I respect Visa because they just like, you know what, hey, we're here to make some money. We're not here to change the world. We're here to make a profit. That's exactly what they do. So going back to the last paragraph where it talks about traditional finance, exploring the world of cryptocurrencies, let me show you something. First up, this is USA. If you're unfamiliar with it, it's a pretty huge bank. It's, you know, across the world. It was mostly set up for members of the armed services. This was like one of my first bank accounts when I just got into the army. It wasn't my only bank account. I was 18 years old. And I got into this and I've been with them ever since. That's how you grab attention. That's how you build a community. You get in when they're young. And it's just growing and growing and growing. Now you can get a USA account as a non-member of any of the armed services. So it doesn't really matter if you're served or not now. It's just a huge bank. But it's fantastic. It works for me pretty well. I love it. So I got an email today from Jonathan. And Jonathan said, Hey man, just so you know, USA is integrated with Coinbase. And I was like, No, they're not. That's, no, that's not true. And I said, Yeah, it is. And he showed me, you know, everything that that it was. And I actually called up USA and I said, Hey, what's going on with this? Are you guys integrated with Coinbase? And it took me like 20 minutes. They haven't been home for like 20 minutes. I mean, you know, that's just how it was. Cause like, we don't know anything, sir. It is so new of what just happened that even the customer service reps aren't clear of what is going on. So, but this is here, this is now, this is actually my account. And of course I had to blank out some things because, you know, one little privacy. And when you go in there for USA account holders under the add a non-USA account, you just click on that and they have a lot of different options there. Bank or investment or insurance because they're a bank, they're a full service bank, they're often all these different services like ETFs and insurance, dental insurance, medical insurance, doing 401ks and all the different things you would think that a bank does on top of that. They're doing a Coinbase Bitcoin wallet. Interesting. So I clicked on that. And the next screen, it says, you are now leaving USA and being directed to a site built for USA. You may select the USA or whatever, whatever. And you press continue if it doesn't. So once you click on that, you'll be taking this nice screen where it says, sign into your Coinbase account to authorize USA. All right. And we'll put a little two step verification. Shoah. All right. You're redirected to USA after the authorization access to your account information, authorize. And would you look at that? So when you log into your USA account, here's what you're going to see from now on. It's going to be all the different things that you have invested in or have maybe not invested in it yet. Oh my God. Zcash, I mean, everything is here. And not only that, these little I want to, this is only specific to USA. So when I click on that, oh my God. So you're going to be able to be going back and forth, even to pay for it. And man, I kind of speechless, actually. It's like this, the Zcash wallet. I don't have Zcash, but holy smokes. So it's going to have everything here, your Bitcoin value, your transaction, account details, everything that you want. You're going to be able to transfer back and forth from probably Fiat to any kind of cryptocurrency, select an account. And probably this right here for selecting accounts going to open up your checking your savings or whatever you have right there. That's amazing. That really is amazing how they implemented this so fast. I'm sure this wasn't like one of those things just happened overnight, but that's pretty impressive. So here's the big question, why they do it? Why did USAA said, yeah, let's do that. Let's go through all this hard work for just some kind of nerd money that's going to go away. No, they didn't do that. They probably, they have integrated this and they're going to get a cut of every type of transaction you probably do. And they're going to share it between themselves. And not only that, the amount of members that they have, it states right here, this is $13 million. I don't know when this is, but it's going to be $13 million. But I can just tell you this. It's not only the people that are in this bank. It's the people that they will talk to. It's their other family members that they have when they sort of talk about cryptocurrency assets. And you have to remember, God, this was brilliant. If you're looking for honorable people to be your evangelists, who would you go for? Would you go for the local clown academy or whatever it is? Or would you go to some of the most respected people in usually every country, which are the military and the military are here and they're going to start talking about cryptocurrency, digital assets and who doesn't want to listen to a person who would lay down their life for life, liberty and pursuit of happiness. It's a brilliant move. It's a brilliant move. So everything I said about Coinbase, as far as like, you know, they have poor customer service and their systems only breaks down when it's a convenient and it's just awful. That still remains the same. Let's just be honest. But they're going to win. They're going to win this little battle with who's going to be on top by moves like this. And I mean, they're still going to decentralize exchanges. They're still going to make headways. I don't know how long it's going to take to really disrupt that whole industry, but banks are going to be the intermediary for a while until people get comfortable and then they will essentially get phased out. But right now, it was a good move. Tip of the hat to you, Coinbase. All right, let's move on. Last up, this really isn't a big story. I mean, Tim Draper, it's always big with Tim Talking, right? Tim Draper, the billionaire. This is what he has in his portfolio, which is actually pretty interesting. He says, yes, I'm owner of XRP, owner of Bitcoin, Bitcoin Cash, Tezos, and I'm an owner of Aragon. So what's Aragon? Well, this year, Draper said he made a million dollar bet on an Ethereum based platform, Aragon, a crypto project designed to enable users to create and manage a decentralized organization. So like no doubt, decentralized autonomous organization. So we'll see how it all works out. I'm not very familiar with Aragon. Maybe you can help me out. Put that in the comment section about what it all is and where you see Aragon going. But it is interesting that he is an owner of XRP. So that's interesting. Little backstory, I like these little stories. In 2019, Draper revealed he owns 30,000 Bitcoin, which he bought at a price of $632 per coin in 2014. With Bitcoin's price around 10.5, his Bitcoin treasure traces worth $315 million, representing a 1,500% increase from his initial investment. And I believe, correct me if I'm wrong, he got this from an auction from the US Marshals. It was a seizure of Bitcoin and he paid rock bottom dollar for it, so good for Draper. But Draper's a smart guy. He invested a lot of big things like Uber and Hotmail and Tesla and those types of things. I mean, I'm sure he's had his misses. No one's 100%, but hey, he's a billionaire. So he knows something about investing. I will say that. So that's it. Let me just think of the comment section. Just a little quick story. But speaking of XRP, let's jump into the office for the Q of the day. Well, everybody, welcome back to the office for Q of the day, statement of the day. So what a crazy day, right? I mean, we had some pretty good stories about Draper. We had stories about USAA and the banks. I mean, there's a lot of different things going on. And it just seems like right now is just one of those times when everything kind of comes together just the way it should. And I think we're in for some exciting times. I don't know what's gonna happen with the different things that are going to come up as far as the traditional market and cryptocurrency market, but I will say this. Investors do not like any kind of uncertainty and when we have a new presidential election coming about, which is gonna happen in like I think around 45 days or so, people are gonna get spooked and I believe that there's going to be some turmoil. However, if you look back at all the history, you're gonna see what happens is that there's a lot of uncertainty, a little fluctuations and after that, it all stabilizes. It really doesn't care. What doesn't matter who really comes in. If you look at the history, it doesn't matter if it's George Bush or Clinton or Reagan or Carter or just going all the way back. It usually just settles out. Now, after that all happens, I mean, depending on how the other person leads will be different, but that's just one aspect of it. But I see bright things and if there's any indication of what we just went over, I think the sky is the limit. So Q of the day comes to it under the topic that we had talked about previously. This is actually from Leon and Leon asks. He says, hey, Rob, could you advise or find out if Celsius will be doing the XRP spark giveaway on their wallet? I think it's gonna happen on 12th of December or do I have to move my XRP to another wallet? So good question. And I actually reached out to Celsius and there are no plans at the moment for them to be a part of that XRP air drop. If you don't know, for all you XRP holders and there's a lot of you, I am one of those people. For every XRP you're gonna get so many of these spark tokens. Spark is going to give way to the functionality of smart contracts. So that's just one more thing that the XRP ledger will be able to do or XRP will actually be able to do. So that sounds good. I don't know if it's going to be the next Ethereum killer. Like somebody asked me, I have no idea because there's so many Ethereum killers out there. I've been around for a while and I can just tell you that everything's an Ethereum killer. But still number two in coin market cap or coin gecko. So what are you gonna do? So as far as that goes, no, they will not be doing it as far as they know. This is gonna happen in December so they could change their mind. I mean, all the exchanges could change their mind. But if you're like me, you like just have things done. So it's just not a hassle around the back of your mind gnawing away at you. I did a video a little bit ago and I talked about exactly how to set it up onto your nano ledger or on XUMM. And you can just follow along in that video. It's like eight minutes, it's super simple. I've already done it. It's already done, it's already taken care of. I don't have to worry about it. I have to go to any, I don't have to change to any other exchange or any other wallet, it's just done. So if you wanna do that, I will put that in the description of this video and you can check that out. Also, that video is gonna go to Dan Clips. And Dan Clips was created by me for two reasons. First of all, people don't have 27, 25, 30 minutes less than me ramble on all these different topics. So I wanted to break them all up into pieces so that it's very easy for someone just to go, I wanna watch that or I wanna see that when it comes up and then like, you know, five, seven minute pieces, not a big deal. That's the first reason. The second reason is, I don't want YouTube to come in and be like, hey, Digital Asset News, great job, we're gonna ban you. And then my channel's gone, I have to start from scratch. So I wanted to back up just to make sure and that was the easiest way. So that video that I just talked about will be on Dan Clips. And if you subscribe over there, I do a lot of specialty videos over there that are exclusive just for Dan Clips. So you can check that out. So that is really it. But I will tell you that last story we talked about with USAA, you know, I have to say again, thanks so much to Jonathan for putting out that story or letting me know all about it. It's just amazing to me that banks are really foam owing in into this whole thing. I mean, I'm sure this wasn't like a last minute decision but like I said, if the banks are getting involved and they're coming on board, how far away do you think it is for everybody else behind them who actually banks there? How much do you think USAA, JP Morgan, Goldman Sachs and all these are in places and Goldman Sachs on the bank. All these places are going to actually push this product because they're now a part of it. If I would have had news like this in 2017, I think who knows where the market would have gone and for the next bull run, I think it's gonna dwarf the one in 2017, just my thoughts. All right, so thanks a lot. Let's jump back. All right, so that's it. So thanks for sticking with me till the end. I really appreciate it. If you don't know, I have this handy dandy exchange and wallet fees Google spreadsheet. It's in the description of every one of my videos. It's a link. It looks just like this. So if you're looking for an alternative to Coinbase, even though Coinbase is gonna take over the world, apparently, there's a lot of different recommendations. I personally use, as I call it now, my one, two, three punch Celsius Voyager and Kraken, and you can just take a look at all their different fees, which I have listed here and you can compare all the things, even any kind of interest you might get for holding your cryptocurrency on these wallet exchanges, so it's all right there. And I got everything from Coinbase, Kraken, Celsius, Voyager, Gemini, Gemini Pro, or Active Trader, Binance, Uphold, which we just talked about, and just so you know, this is on, and I put a link to it, there is a 65-day hold on transferring crypto from Uphold to an external wallet if you deposit funds from your bank using a CH, so just be aware of that. And there's the link right to their support page so you can verify that. Abra, SimpleSwap, Uniswap, Cashappytoro, don't recommend them, crypto.com. And so on the top is, there's an affiliate link, you don't have to use it, you can go right to Coinbase and sign up, it's fine, but if you use mine, you get between 10 and 25 bucks for all these different ones. And as you know, I always tell you, make sure you have plenty of on and off ramps because in 2017, during the great bull run, they were shutting these exchanges down, you could not even get into Binance or Coinbase because there were so many people flocking in and what do you think is gonna happen this time? Probably the same thing. Definitely sign up for as many as you can, just to make sure you're not holding the bags like I was at the end of that bull run. Another story for another time. All right, thanks for listening. Really appreciate it. If you like these types of videos, maybe too is gonna pop up on your left and right, check those out and I'll see you on the next one.