And when people say to me, they're afraid that quantum computers are going to destroy Bitcoin and the Bitcoin blockchain.

That's one of the dumbest things I've ever heard anybody say.

Nobody ever gets hit by a bus they see coming.

A veteran financial advisor, Rick Edelman, says that while he doesn't agree with the banking lobby's position on stable coin yield in the crypto market structure debate, he believes they're likely to win that fight in Washington and argues it's not the hill the industry should die on.

Rick joins us now. Rick, welcome to the show.

Great to be with you, Jim.

Yeah, all right. Well, let's talk about this.

Market structure has been something the industry has been debating with the banking association. I believe they got over 3,000 signatures on a document that says we actually don't want stable

coin yield.

It's going to drain money from the traditional banks.

You say you agree with them. I can see the argument too.

And this isn't the hill that the crypto industry should die on.

Unpack that for me.

Well, this is just a political issue.

The banks are dead wrong and crypto is absolutely correct.

Stable coins are the next new thing that are a bigger, better, faster, cheaper, safer way to hold, store, transfer

money. And so when banks say they're a threat, well, they're a threat to the banks. And they're

just a turf war as far as they're concerned. They're afraid of this upstart upending them. Well,

that's Jamie Diamond's problem. That's not a problem for the economy. It's not a problem for the consumer. And yet, the banking lobby is so strong, their opposition

to the Clarity Act, which would allow stable coins to offer yield, siphoning money from

those banks. The banking lobby is pretty strong, and they are likely to win the argument.

For the crypto community to say, we don't want any bill unless we can get yield out of stable coins,

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