The Wolf Of All Streets Bitcoin Adoption ERUPTS As Banks Prepare For The Next Wave!
Oct 22, 2025
Christopher Inks, a crypto trader and commentator from TX West Capital, joins to dissect the current state of Bitcoin and market trends. They discuss Bitcoin's potential breakout near $120K and how gold's shifts may forecast its moves. Inks warns against overtrading during choppy price action, while highlighting promising altcoin setups. The conversation also touches on the Federal Reserve's plans that could integrate crypto into the traditional financial system, sparking debates about privacy and control.
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Caitlin Long's Fedmaster Rejection
- Scott recounts Caitlin Long's rejected Fedmaster account application to illustrate prior Fed resistance.
- He uses her experience to show the Fed's access rules once excluded certain crypto-native banks.
Fed Adoption Raises CBDC Surveillance Risk
- Scott Melker warns Fed adoption of ledger tech could be a stepping stone to a CBDC with surveillance risks.
- A Fed-controlled digital money would enable unprecedented ability to monitor and control individual balances.
Open Banking Rule Is Critical For On/Off Ramps
- Senator Lummis pushed the CFPB to finalize an open banking rule to stop banks weaponizing account access against crypto firms.
- Open banking via APIs is framed as critical infrastructure for crypto on/off ramps.