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Reports are surfacing that Ripple CEO Brad Garlinghouse may be appointed to the White House Crypto Advisory Council. And you already know what that means—people are about to get rekt. The PayPal Mafia’s decades-long scheme to replace Bitcoin with centralized crypto projects is now in full swing. XRP, Solana, and WorldFi are being pushed under the false banner of "digital assets," while Bitcoin remains the only decentralized monetary revolution. Today, we break down the lies, the grift, and what you need to do to avoid getting rugged in 2025. Need liquidity without selling your Bitcoin? Ledn has been the trusted Bitcoin-backed lending platform for 6+ years. Access your BTC’s value while HODLing. Learn more at https://ledn.io/borrowing Network with fellow Bitcoiners at BitBlockBoom! April 3-6, 2025 Use code “bbb25” for a discount ► https://bitblockboom.com/bbb/ Powered by: The Bitcoin Way ► http://thebitcoinway.com/SimplyBitcoin ► Your IT Team In The Bitcoin World: The Bitcoin Way is a specialized IT team providing individuals and businesses with exceptional guidance and technical support. With over 20 years of expertise in cybersecurity and privacy, they excel at simplifying the intricacies of Bitcoin. The Bitcoin Way's mission is to empower individuals to utilize Bitcoin effortlessly while maintaining complete control over their funds. Chapters: 00:00 - Ripple CEO Joins White House Crypto Advisory Council 00:10 - The Risks of Conflating Tokens with Bitcoin 01:05 - Understanding the Differences: XRP, Solana, and Bitcoin 01:28 - Evaluating a Bitcoin Reserve 02:10 - The Grifter's Playbook: Bitcoin vs. Altcoins 03:51 - Investment Strategies: Holding vs. Trading 05:12 - The PayPal Mafia's Influence on Crypto 06:30 - The Dangers of Altcoin Cycles 07:23 - Ray Lewis Launches Fitcoin 09:21 - The Exhaustion of Altcoin Cycles 10:24 - Bitcoin-Backed Loans with Ledn 11:06 - Self-Custody of Bitcoin with The Bitcoin Way 11:27 - The Distinction Between Bitcoin and Other Tokens 12:21 - The Genius of Satoshi and the Byzantine Problem 15:16 - The Value of Bitcoin in Energy Economics 16:30 - The Limitations of Blockchain for Real-World Assets 17:05 - Fixing Money to Fix the World 17:37 - Join the BitBlockBoom Conference 18:31 - Final Thoughts: Trusting Bitcoin Over Altcoins ✓ SUBSCRIBE - https://bit.ly/3QbgqTQ ✓ LEAVE A LIKE ✓ COMMENT Follow Us! ► https://x.com/SimplyBitcoinTV ► https://simplybitcoin.substack.com ►https://x.com/Dante_Cook1 DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors. Copyright Disclaimer Under section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. If you are or represent the copyright owner of materials used in this video and have a problem using said material, please contact Simply Bitcoin.