January 18, 2021

Disclaimer: This edition is slightly Biased but facts are facts...sorry, not sorry. Also I am not a financial advisor, I give my opinions on crypto in this article, do not invest any money without the expectation of losing money. All investments are risky, while crypto can be even riskier.

The World & Crypto with Rutkowski Edition #7

Census Bureau Director Forced to Resign amidst incoming Biden Administration

Steven Dillingham, the Director of Census Bureau was forced to resign his position amidst the incoming Biden Administration, but that is not all. Dillingham was also forced to stop gathering census information which could potentially prove the Fraud claims of the Presidential Election 2020 by President Trump. Honestly it is no surprise that over 74 million Americans are outraged and the growing number of people whom used to be Democrat is growing as they attempt to isolate themselves from the New "Communist Democrat Party" I don't say this lightly.

Nancy Pelosi Continues to attack Opposition, Dare I say Dictator Pelosi?

Pelosi is now demanding the acting Chief of the Pentagon halt his order to the NSA to employ a "Trump loyalist" an overstep of authority? I would say that at the very least. Pelosi has no authority over the Chief of the pentagon, their is a reason why he has the power to appoint someone and she does not. Nancy Pelosi is attacking anyone with patriotic values that doesn't support her political agenda or party in itself.

Meanwhile the NSA affirmed that it will in fact move forward with the hiring process after Ellis accepted the job on Saturday, Nancy Pelosi is most likely having a fit right now in the multi million dollar mansion.

President Biden, A man with a plan!

President Biden is still campaigning his $1.9 Trillion Dollar Stimulus Package, as well as telling News Media Sources that he will be undoing most of what President Trump has done over the last 4 years. This doesn't come as a surprise, President Biden has been campaigning heavily on his plans for the United States which involved undoing what the Trump Administration has done.

I asked a psychic what opinion of Bitcoin was, she said, she wasn't familiar with Bitcoin itself, but she had seen a really negative news segment the other day about the price going doing, she said, she felt that intuitively it felt like the media was down talking Bitcoin in an effort to get the price down more before it really goes up, she said, they are using fear to drive the price down but it won't last long.

Take that with a grain of salt, but my Girlfriend was watching a live Tik-Tok of this lady whom has a known track record for being correct, I jokingly told her to ask her what she thought about Bitcoin.

Bitcoin has been stuck in what I would call a game ping pong lately, bouncing from $40K to $34K and back up again, leaving investors and traders to wonder which direction Bitcoin's Price will break out, I hold out hope that Bitcoin will continue to grow, which I know it will.

Some speculate, the price volatility will ultimately harm the previously seen growth rate, but have they looked at the Political Spectrum lately? The Media influence? The general users? I have, I don't see any thing in the coming future that even hints to anything like 2017 repeating itself.

The major Media flip flops with the price of Bitcoin, this leaving me to conclude that the Media Spotlight may be slightly more volatile than Bitcoin itself. I haven't seen much in terms of a price impact from social sentiment as such. I have noticed that the more financial institutions get involved, the more regular people like myself jump into Crypto.

Bitcoin is the Gold of Digital Currency, just like Gold itself will never be worthless, Bitcoin itself will not either, on the other hand Gold will not ever see the price levels of Bitcoin in anyone's lifetime that is currently reading this. Maybe one day in a very far future could Gold itself be competitive with that of Bitcoin.

Effective on January 19, 2021 XRP trading will officially be halted on Coinbase Exchanges pending the future outcome of the current case, SEC VS Ripple. Ripple maintains it's stance that no one could even remotely relate the Crypto with the performance of the company Ripple, however, on February 22, 2021, Gensler, the predecessor of Clayton will argue a rather convincing scenario, XRP is indeed a Security and should had been registered as such.

The long standing facts of XRP, it was created by Ripple to be used as a means of converting FIAT and transferring any amount of money the user wants, with a targeted client base consisting of Banks and Financial Institutions. Gensler will argue that the price of XRP can directly be altered by the success or failure of Ripple as a whole. Also that the founders of XRP are guilty of price manipulation.

Now, a key argument against that would be, without Ripple doing business XRP will still be XRP and will still be used by millions of people, therefore making it a crypto currency itself. Now, as we can see by combing through the data, XRP hit a high of .66 USD and potentially could have soared off the charts, but then came the announcement that derailed XRP's progress resulting in the loss of Billions of Dollars for people World-Wide.

Reportedly $50,000,000,000.00 was sold off following the announcement alone, not to mention the days following that panicked investors jumped out of XRP, I almost jumped out at .17 XRP. I done more research instead, I looked at what ripple had done for XRP and where the chart projected the growth of XRP without factoring in Ripple's association. I than purchased more XRP, I know XRP is a crypto currency, so, why not? right?

Grundfest in a letter to former SEC Chief Clayton, advised him against filing legal action against XRP, as doing so would result in the loss of millions of dollars to innocent 3rd party investors, such as you and I. Grundfest said, "no pressing reason compels immediate enforcement action." Clayton then resigned one day later on December 18, 2020.

Will the fact that XRP has been left alone for nearly a decade without any enforcement actions being taken, XRP has been deemed a Crypto Currency by foreign nations, XRP can be used to purchase almost anything. My opinion is, one of two things could happen. We could have a quick ruling that the Clayton overstepped his authority and the suit could be dropped before it even gains traction.

The case could also go though the entire court process, ending in one of two different ways. The first one would ultimately benefit everyone currently holding XRP. The judge could rule that XRP is a security, Ripple illegally sold an unregistered Security and make them forfeit all money they made from the sales of XRP. The judge then again could rule in the best interest of the general public and impose a hefty fine along with barring those responsible from running Ripple in the future, while deeming XRP a Currency once and for all.

While this lawsuit itself may not be the death of XRP, it very well could in fact be the death of Ripple, which is far worse in my opinion, but would help another asset majorly. Ripple ultimately built XRP, Ripple gets customers like Money Gram and Banks to convert FIAT to XRP and send the money on the ledger to whom ever, where ever in the World for fractions of a penny.

Without Ripple backing XRP like this, XRP will ultimately decline in transactions from financial institutions, without Ripple XRP losses it's purpose. The community involved in XRP could pick up and move forward as the Ledger is open source, hint FLR.

The worse thing that could happen to XRP is, Ripple forfeits its assets to the United States Government, Ripple closes its doors and moves over seas where XRP is already deemed a Currency and they proceed where they left off, now, would they still go by Ripple? would they still use XRP?

These are the factors that have me only holding a few hundred XRP, You should be very cautious that the SEC has the legal grounds to deem XRP as a Security by case law. I could speculate all day long on the legal avenues that each side has. Ultimately unless Ripple can work out an agreement with Gensler, the fate of Ripple will rest with the judge whom presides over the case.

The fate of XRP ultimately rest in our hands, we, the community can still develop with XRP, we can still trade and transact with XRP, unless you are from the United States and don't know what a V.P.N. is... I wouldn't recommend anyone to invest into XRP unless you have money you can afford to lose. Now, if, and only if XRP can win the case and business can continue as normal, XRP will have been more than worth holding onto.

I have to say I am honestly scared to see what happens once Coinbase officially cuts off trading tomorrow. Just as a reminder, you can still safely store XRP on Coinbase, you can still withdraw your XRP from Coinbase at any time. That is provided that the SEC doesn't file anything against Coinbase in an attempt to cease all XRP. I will more than likely be moving my XRP to a wallet on a USB Flash Drive until the dust settles. I don't want to risk my assets being seized.

Worse case scenario, I don't buy a new VPN and I don't go online to a "Foreign Exchange" and I don't sell off my XRP and send some Bitcoin to another wallet.

XLM: while it seems as if though XRP, Ripple are the only ones doing anything in the financial industry in an effort to bring all FIAT Transactions to the blockchain, Stellar has been working just as hard, if not, harder than Ripple to accomplish the same goals. XLM has always seemed to move slightly behind XRP until the "SEC VS Ripple" announcement made the spotlight.

XLM currently trading at just barely below .30 USD at .2995 seems to be on it's second rally, if we look back at history as guidance on what to expect, we could expect to see XLM go well over $1.20 That may not seem feasible at the current market cap of just below $1 Billion.

Hindsight, be aware, be very aware that XLM is just like XRP, I can not stress this enough. XLM could be the future subject in a SEC lawsuit. I am not saying that will happen, but depending on the outcome of the SEC VS Ripple, Stellar could be the next target.

Now, Ripple could get shut down, Stellar could be left un touched. Unlikely, but we will find out in the coming months.

BCH: up to almost $520.00 BCH is moving right along as expected. Bitcoin Cash since the Hard Fork BCH has held the second spot on my list. We seen BCH at $3,650 for its all time high, I haven't heard anyone really speculate much about BCH, everyone seems to dismiss it's importance.

BCH brought about the focus on Retail Transactions using the Bitcoin ledger. Bitcoin Cash has the advantage of operating from the most trusted Digital Currencies ledger as well as the name association. BCH transactions are almost as cheap as XRP. I have for a long time said that BCH in all logic should follow a likewise accelerated path as that of Bitcoin itself.

I look for the price of BCH to make it up to $12,000.00 or more for a high this year alone. Call me crazy, but wait until December of 2021 to start doing so, you don't want to be wrong yourself.

My Final Thoughts

I think we are still merely in the beginning stages of Crypto acceptance, right now we are going to see a major shift in Market Caps as investors start to learn how to play the market downslides. We are entering the stages of A.I. trading that is advanced enough to see a profit from utilizing it. I will be releasing an article this week about using A.I. to automate your trading, I am learning myself...

I would say that will have successfully broke the $40K barrier by Sunday of this week for Bitcoin, we still have a major chance for an even higher price correction to come this week. I know that contradicts the previous statement, but have you seen the ping pong action of Bitcoin not knowing which way it wants to break out?

I am still fed up with Political B.S. The SEC, Democrats, Republicans. I am tired of the major distraction taking place in the United States, the censorship by tech giants, watching the people "elected" to serve our constitution and the "people" on live television say they took an oath to protect the constitution, but justify violating it because they don't like President Trump.

The Tech giants hiding every thing incriminating about President Biden and his son, like I forgot that Hunter Biden took money from China, Russia and other countries and gave it to than V.P. Biden and most likely President Obama as well. I am sick of Nancy Pelosi trying to ruin the United States for the last 4 years while blaming President Trump for everything.

Also, for the life of me, I can not understand why on earth, anyone would think that a politician that has been a career politician for the last almost 50 years, 8 years spent living in the White House already, not one important piece of legislation ever passed. President Biden did get a Bill passed that ultimately imprisoned hundreds of thousands of African Americans.

You won't hear about that from Fox, CNN, ABC or the New York Times. The also won't tell you how President Biden attended the funeral of an actual "White Supremacist" Groups leader, he read the mans eulogy for him. The President of the United States, President Joseph Biden said the man was his mentor, he had a great deal of respect for the man and admired him deeply.

Yet they call anyone a "White Supremacist" that supports President Trump? I always thought the term "White Supremacist" to apply to people such as myself, White Caucasian Crackers. Yes, I called myself a cracker, I know, I know, please don't fault me for being a cracker. I didn't choose to be born this way. Although I am being labeled a "White Supremacist," I am not.

The facts of life are, I love my country, I love my rights, the right to bear arms, freedom of speech and the right for anyone to worship or not worship whom ever or what ever they want regardless of what anyone thinks. The United States was created on the basis of the Holy Bible, but ever the forefathers of the United States knew the importance of true freedom.

They wrote the constitution to be King over any president, senator, civilian, country, state. The constitution, article 1, section 4 specifically gives legislatures the power to set guidelines for voting, if any issues arise Congress may intervene. The supreme courts under an interpretation clause decided they could ultimately intervene over the legislatures and congress and make the call to change the guidelines.

You can only interpret whom has the power to make those decisions in one way, the legislature or congress, in no way does that imply the supreme court. The supreme court would have been listed as an avenue had the forefathers intended it to be used for such matters. This alone violate the constitution and was upheld by officials whom are sworn to uphold the constitution and no one is even noticing it.

Even if the election was rigged, the supreme court being able to over ride the constitution and dictate what they want done? That was a major foul, ultimately Americans are giving up the constitution in hopes that in the future the 9 justices of the supreme court won't be influenced to violate the rights that every American believes we still have.

Going forward in the future the conspiracy theories will continue to circulate, the election process will never be trusted again in the United States, potential for civil war is extremely high. Just think, this could have been avoided by the states that are being questioned.

They could have done the audits with the criteria they are legally required to use and made it public. Every Democrat has fought the Trump administration from auditing any part of the election, even to the point they forced the director of the census bureau to halt his investigation that was ordered by president trump and forced him to resign early.

What are these guys hiding? I hate to even think it, I didn't believe the Fraud Claims at first. The more I look into it, the more I see evidence of cover up after cover up, you can only hide for so long until every thing comes out in the wash.

Moving forward I will not covering Politics beyond Stimulus Packages that ultimately benefit the World of Crypto, hopefully one day the Satoshi dream comes true, a decentralized government.

Thanks for reading, God Bless You, and Stay Healthy!