You help me transform from “clueless” to “possibly getting a clue.” Thanks for taking the time to research and then teach me! This channel is really going places!
You can DRS/ Directly Register or DWAC/ Deposit Withdrawal at Custodian your shares with the Transfer Agent that manages the individual equity. This puts the shares in your name, and removes the DTC from the equation (after the DTC releases "your" shares).
Shhhhh don’t tell them. This guy really needs the buzzfeedy look & feel to attract the clueless to his edutainment (more of the entertainment and less of the education)
Great video. One thing to note, your logic of “we can’t do much about it” so “we shouldn’t look to deep into it” is how grand problems persist and reach the end game.
exactly. Ifeel like if youre not providing a solution you shouldn't open your mouth. People like this annoy the hell out of me. This docile pessimism is the majority online
@@drek273 agreed, people motivated enough to make videos, but not motivated enough to provide info. I feel like that little thing at the end is to tout the line.
@@LogicallyAnswered just like an exchange. It's automated . People think this is a problem. This is how you serve millions and millions of people in a second.
Speaking of investment, I have been finding a tough time deciding between mutual funds, real estate, and crypto investment, anyone with ideas to help me with?
He put a very real occurrence under the "conspiracy" tag, but naked short selling is a very real thing that is going on. He also said there is nothing you can do, so don't look - well there is something you can do: first of all look and dig further, second directly register your shares with the company's transfer agent, removing it from the clutches of Cede & Co./DTC and putting them directly in your name. It removes the ability for short sellers to borrow your stocks from your broker and sell them on the open market.
👆👆👆When I was a new member I really lost all my investment because I was new and didn't meet the right account manager to invest with.i was at the average of quitting till i was introduced to him and my story changed
I'm so happy for getting to know him, who has shown me the way to success through this crypto trade of a thing. I can boast more of my life financially because of him,I earned massively, Reach out to him and start earning through his bitcoin trading platform 💪💪
Not everyone wants to be a block on a chain, it sounds great in theory until America becomes China and suddenly most of you pushers will want nothing to do with the chain (as in only one). Should more appropriately be called blockSlave.
DRS (Direct Register) those shares to remove them from the criminals hands (DTCC/Cede&Co/Brokers/Market Makers) and ensure you have full ownership and control over them.
Lots of shady deals here on RUclips true.... Got into trading with a Genuine trader introduce to me by my friend.... Mr JAMES CLARK he's nice man and did wonders with my portfolio.
For tyrants, sure it sounds great, but who wants to be like China? If tomorrow the government decided outlaw bitcoin, it could sanction anyone who transacts and cut off everyone overnight. You couldn't find any company to trade your code for fiat, or anything but more code. I think crypto was created as a trojan horse to usher in their cashless society, think China on steroids. Watch what they'll do to crypro, because what's a $3 trillion dollar market against an unlimited supply of fiat currency and a super computer? There's a reason why the IRS just hired 80,000 new tax agents, they're fishing before the fry.
I have always assumed that the DTCC was the single most powerful entity in the world, But I wasn’t really sure about the exact numbers. Thanks for the info, good work!
The Federal Reserve and its 6 owners practically own everything in the world, including a world bank. "Give me control of a nation's monetary policy, and I care not who writes its laws." - Nathan Rothschild
DRS (Direct Register) those shares to remove them from the criminals hands (DTCC/Cede&Co/Brokers/Market Makers) and ensure you have full ownership and control over them. Check who your companies direct register company is (i.e. ComputerShare), and directly register your shares in your name so you actually own and control them!
They also own your car and house. In Texas you get a “Certificate of Title” to your car. The real ownership paperwork goes to the DTC. Its called “Manufacturers Origin *” something lol. Same with your house. You get a “Certificate of Deed”. Legal definition of “Certificate” is a position of interest. That’s why the govt can take your property away. They hold superior lein to all your property through the DTC. 100% FACT!
Ownership is very similar to law because it has to enforced. We all kind of agree on each other's ownership as we mostly agree on law. Imagine if the whole population found out that their savings were "stolen". Even if it was legal on paper you would lose all that trust. People would be mad and would turn the whole society into chaos. The whole economic machine would become worthless because there would be no labour capital and the societal trust would be mostly gone and the society would have to undergo major rebirth (new order, revolution, shift, dystopia call it whatever)
@@zdenek3010 zedenek is right. We agree with each other that something is propriety of someone else, and we have the law to enforce that. If someone disagree he cannot take it because the law would prevent it and the justice system will decide what’s right. However if everybody disagree on that system I collapse. If there is no law and no enforcement something is owned by the one that take it and defend it. Like in some apocalypse films some armed group take propriety of building and cars etc even if there aren’t paper. That’s the same concept here. Think about your bigger brother that take from you a toy and say “now is mine” you can’t take it back because he’s stronger than you, so you go to your mom, the law enforcement who knows that it’s your toy and she’s stronger than your brother. But if your mother is at the grocery there is nothing you can do about it. The same here, if that company owns all the stock on paper it dosent matter. People would make a revolt against the system, they would stop working and the company become worthless without labour. They could enforce with the military but that would be the start of an apocalyptic scenario.
All you have to do is Direct Register your shares with the transfer agent of the stock you hold. It's just illegal for any company to ask it's shareholders to direct register it's shares. If that's not a sign it's rigged, Idk what is,.
'You can't do anything about it so you shouldn't look into it'. This sums up everything that is wrong with society today. If there is something wrong you should look into it even if it has a big cost!
@@LogicallyAnswered yeah it was great! maybe next you can do a video on CUSIP numbers, or transfer agents? I’m going to check it out myself in the meantime.
One must remember that possession is 9/10's of the law. That gives everyone else a .10% chance of recovery if they decide to bankrupt everyone. I'd say they have the deck stacked in their favor and the people haven't a prayer in hell.
It is a universal axiom that: "Possession is nine tenths of the law!" So the individual who actually has physical possession is, in fact, the owner! Is that nefarious enough for you!?
The reasoning laid out for "paycheck-to-paycheck" completely ignores the reality of the changes in the American economy starting in the 1960s that drastically reduced the income and wages of families creating a reliance on credit.
@goatface6602 I would use 1913's implementation of the Federal Reserve Act by Woodrow Wilson as a benchmark for that unfortunate turn. Along with the shenanigans of FDR.
Well technically, there’s no reason that they would collapse since they don’t actually do anything with the stock. But if it somehow happened, we’d definitely be looking at another Great Depression.
Gamestop is developing a web 3.0 nft marketplace. There is speculation that the GME stock will be traded as an NFT on their loopring nft marketplace, putting their stock on blockchain.
Here in the UK I tried for months in 2016 to get share certificates for precious metal miners from my broker. They buggered me around and eventually said no, and would close my account as the only option to allowing the status quo. In frustration I sold the lot, foregoing many years of ISAs and bought Bitcoin and Etherium. Obviously I wouldn't ever use equities again. It's obvious hypothecation and when Veritasium is applied to the DTCC there's going be a lot of broken people. Wake up...
@@LogicallyAnswered Why did you label naked short selling as a conspiracy? That's absolutely happening and is rampant right now, particularly with certain stocks like $GME. You also said there's nothing that can be done about it and not to look into it. Well we've looked into it, we know it's happening, and we know what do to about it: directly register your stocks with the transfer agent of the companies you're invested in, which removes the stock from the DTC's clutches and prevents your broker from lending stock to short sellers.
Every bitcoin investor right now is just smiling at the price of bitcoin as it head strong and indeed valuable enough to generating Roi. More persons are gonna become millionaires and we have Bitcoin thanks for that.
I've been trading crypto with crypto saylor Susan since high price and l've made about a whooping profit of $86,000 in crypto its not much but I'm OK with the progress since I now make a whole lot from the comfort of my bed.
👆👆👆When I was a new member I really lost all my investment because I was new and didn't meet the right account manager to invest with.i was at the average of quitting till i was introduced to him and my story changed
I'm so happy for getting to know him, who has shown me the way to success through this crypto trade of a thing. I can boast more of my life financially because of him,I earned massively, Reach out to him and start earning through his bitcoin trading platform 💪💪
Sorry I’m late again ( aaaaa .... 1 week late 😅 ) , I have heard of Cede Co but I didn’t go in deep cuz at that point in time DTC and it’s stock were very confusing . And the DTC’s weird ( or complex ) system already caused a bit of confusion and don’t start me on the stock certificates . Great video 👍🏻 , hari Cede Co more like steal my money 💵 yo ( I don’t know, I don’t have a better pun )
Many people are gomna be happy and many are changing life big help to all peoples in this world super amazing blessing of our god creator and our father in heaven many people's or all peoples are gonna be happy for that blessing they helping around the world thankyou my beloved father in heaven for giving anew life anew happiness to all peoples in yhis world many people all countries are gonna support and gonna help all leaders countries for that kinds of blessing the amazing amount of money in the history of this universe
This is the equivalent of roll ups in cryptocurrency. Layer twos bundle transactions and roll them up into the layer one like Ethereum. Also crypto exchanges maintain a database of users ownership and then do the same thing the DTCC does for stocks for crypto and balance out what they need to buy and sell based on the net effect of traunches of user trades. The more you learn about cryptocurrency the more you realize you don’t know about traditional finance
@@daviskipchirchir1357 How to return your trust which is your will. We would have to use the global communication system to cause the same effects on the Earth. This is what is called investing.
@@daviskipchirchir1357 To sustain the male and female, we have to mirror and measure plant life and water sources and coordinate it so it's the same with the computer system/phone/communication. This is how to uncorporatize our will.
This is why you MUST Direct Register your shares with the company's official transfer agent in book entry. Only shares you are long on. This is the only way to remove shares from Cede and Co
@@deborahritchie3912 you gotta Google who is the official transfer agent of the company you are holding. I know Computer Share is the transfer agent for a lot of blue chip companies. Then call up your broker and tell them you want to direct register your shares. Your broker should walk you through the steps
You are educating me the internet and RUclips are a good thing confusing depending on where you have come from I was told at age 15 to get with the computer age was an addict have tripped over this all my life what a mistake this has become have a blessed Christmas and hopefully a happy new year
this is why i trust bitcoin more than stocks, you’re actually in control of it, you can move it wherever you want instantly and no one can take it from you, it’s the freedom of control and security, no other asset can give
@@LogicallyAnswered I meant are you an investor? Sometimes when you see how something works or is made, you get turned off by it. Like working at a factory and seeing the crap that goes into foods, you'll no longer want to eat it..
Ahhh, I see what you mean. I’m definitely an investor. While the system isn’t perfect, I think being invested is faaaaar better than holding cash hahaha.
Great Video! On top of that they earn interest on the money that is sitting in settlement. When you make a trade after you sell it will take a few days for that money to go back into your account. During this time they are earning interest on your money. This is happening millions of times everyday.
Not really.. Its like a bank, They then can "loan" or "float" the securities, and basically have $50 Trillion in cash flow that they can play with, just like a bank.... Its EXTREMELY dangerous, To us.... They can "lose" maybe $20 Trillion and no one would have a clue... Think about it... Or they could Make $20 trillion and again, no one would have a clue...
This is why block chain technology Scares the crap out of financial institutions especially the higher-ups because they know that they cannot manipulate well not near as much as they can now, it’s possible still but with Blockchain technology, cryptocurrency, a privacy focused web three things are going to change. We need full on decentralization
Wow, I had almost no clue! Interesting what this applies to? Is it only nastaq and nyse is it even some otc stocks or only once it reaches a higher standard like pink current or something? I have no Idea I'll have to do tons of research into this rabbit hole. It sounds similar to fed reserve which Is privately owned etc. Tyvm for the video I'll definitely be sharing this with everyone.
Yeah I’m pretty sure it mainly only applies to nasdaq/nyse stocks as well as stocks from other major exchanges like Hong Kong and London. But I’m sure they’ve got some otc stocks as well haha
you cant instruct that on a per trade basis.. for margin accounts, the agreement you signed to open the account will most likely have a provision that let your broker borrow your shares free of charge. You can ask them to amend the agreement but they don't have to accept. Alternatively you can switch to a cash account where your broker cant borrow your shares or you can move to a broker that will at least pay you to borrow from you.
I don't think there's any conspiracy going on, at least not on a significant scale. But "Can't do anything, so may as well not look at it" is the worst mindset, so I can't help but point it out. 😂
No, it sounds like he said legally DTC owns the stock, but DTC gives your broker an IOU, then your broker gives you an IOU. You are treated as creditor to your broker. like when you deposit money in the bank. You don’t own the money. In bankruptcy, you are considered a creditor to the bank.
@@kevan5321 Maybe they give you an IOU, so they can loan 9 times the amount out, good old fractional reserve fiat, road to root A. Im all new to this, just started this morning, Im terribly wrong probably.
To me, most market sell off are artificially triggered. Therefore most crashes are artificially triggered. Best is to do nothing and certainly not sell. Best is to have Cash on the side to buy more of companies / shares when they are cheap. There must never be any emotion in trading or investing.
You help me transform from “clueless” to “possibly getting a clue.” Thanks for taking the time to research and then teach me! This channel is really going places!
Thank you so much sir!
Ahhh I was about to watch this video aswell! Fuck sakes I didn't know he made it for you Death Valley Dazed:(
Disliked
You can DRS/ Directly Register or DWAC/ Deposit Withdrawal at Custodian your shares with the Transfer Agent that manages the individual equity. This puts the shares in your name, and removes the DTC from the equation (after the DTC releases "your" shares).
Shhhhh don’t tell them. This guy really needs the buzzfeedy look & feel to attract the clueless to his edutainment (more of the entertainment and less of the education)
DRS $GME ⭕
🦍💪💎🙌🚀🌑
@@MrEo89 dmm I need a better education, Rocket89 please recommend us a book about it, if that kind of book exist for the public
@@Kevvzi I have DRSed, and will continue to do so!
Great video. One thing to note, your logic of “we can’t do much about it” so “we shouldn’t look to deep into it” is how grand problems persist and reach the end game.
exactly. Ifeel like if youre not providing a solution you shouldn't open your mouth. People like this annoy the hell out of me. This docile pessimism is the majority online
Definitely.
Agreed. That’s not how we do things here in the US.
@@drek273 agreed, people motivated enough to make videos, but not motivated enough to provide info.
I feel like that little thing at the end is to tout the line.
Go ahead, look deeper. Nice knowing you, bye.
Wait, are there really only half a dozen employees? that seems like an insane security risk to the global economy
That's like saying there is only 1 highway lane stripe painting company per state. We will all survive if the truck gets a flat tire
Well, the reason there is such few employees is because it’s so automated. There’s very little tasks that need to be done manually.
@@LogicallyAnswered just like an exchange. It's automated . People think this is a problem. This is how you serve millions and millions of people in a second.
@@TinaMucklow clearly u guys have no concept how much work goes into maintaining automation tools. They would have a massive dev team
There's 4300 employees at the DTCC
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for.
Very true
A great work demands a great sacrifice and who is not capable of a great sacrifice is not capable of a great work.
Speaking of investment, I have been finding a tough time deciding between mutual funds, real estate, and crypto investment, anyone with ideas to help me with?
@@benildabituin1531 I'm into real estate investing.
Real estate lets people grow their net worth by amassing more and more properties. Its a good long term investment idea due to appreciation.
I always keep coming back to this channel because the videos are short so it's easier to consume everyday and very informative as well.
Thanks for the positive feedback man!
There's more to learn in RUclips than in school nowadays, this channel is the best example. Thank you for the knowledge.
He put a very real occurrence under the "conspiracy" tag, but naked short selling is a very real thing that is going on. He also said there is nothing you can do, so don't look - well there is something you can do: first of all look and dig further, second directly register your shares with the company's transfer agent, removing it from the clutches of Cede & Co./DTC and putting them directly in your name. It removes the ability for short sellers to borrow your stocks from your broker and sell them on the open market.
First logically answered was playing by billionaires
Then he moved to tens of billions
Then hundreds
Then trillions
And now tens of trillions
😂
@@LogicallyAnswered next step is the USA government which technically owns all the banknotes
👆👆👆When I was a new member I really lost all my investment because I was new and didn't meet the right account manager to invest with.i was at the average of quitting till i was introduced to him and my story changed
I'm so happy for getting to know him, who has shown me the way to success through this crypto trade of a thing. I can boast more of my life financially because of him,I earned massively, Reach out to him and start earning through his bitcoin trading platform 💪💪
@@LogicallyAnswered only way above in next up, Who owns the world! More zeroes, 😅 Then next, who owns me, i mean cummon guyz, am priceless 😊🤑
Imagine the blockchain fixing this so people has actual ownership of their stocks
Ain't happening mate
@@ХристоКавърджиков will happen
How ?
Yes, this is possible.
Not everyone wants to be a block on a chain, it sounds great in theory until America becomes China and suddenly most of you pushers will want nothing to do with the chain (as in only one). Should more appropriately be called blockSlave.
For any stock you wish to own medium to long term, always take delivery of the stock certificate.
DRS (Direct Register) those shares to remove them from the criminals hands (DTCC/Cede&Co/Brokers/Market Makers) and ensure you have full ownership and control over them.
Directly Register your stock with your company's transfer agent. It removes the stock from the DTC and puts it directly in your name.
Yep, this is what I did. I have some shares direct registered in my name at ComputerShare.
Things that are guaranteed in life
1. Death
2. Taxes
3. Logically answered saying "taking a look a back”
😂
I concur
Yeah, that's good idea . A trade would be the best options if you are new to investing
Lots of shady deals here on RUclips true.... Got into trading with a Genuine trader introduce to me by my friend.... Mr JAMES CLARK he's nice man and did wonders with my portfolio.
@@aereree9561 Please how do i get contact with him ?
Cool video didn't first video that I actually had no clue about
Thanks Elvis! Glad you learned something new
Same
This is the best evidence as to why Blockchain, Bitcoin, NFTs, smart contracts and the whole of crypto is the way forward
For tyrants, sure it sounds great, but who wants to be like China? If tomorrow the government decided outlaw bitcoin, it could sanction anyone who transacts and cut off everyone overnight. You couldn't find any company to trade your code for fiat, or anything but more code. I think crypto was created as a trojan horse to usher in their cashless society, think China on steroids. Watch what they'll do to crypro, because what's a $3 trillion dollar market against an unlimited supply of fiat currency and a super computer? There's a reason why the IRS just hired 80,000 new tax agents, they're fishing before the fry.
Man, they have so much responsibility to keep stock markets work
I have always assumed that the DTCC was the single most powerful entity in the world, But I wasn’t really sure about the exact numbers. Thanks for the info, good work!
check out that logo DTCC has too, wowzers
The Federal Reserve and its 6 owners practically own everything in the world, including a world bank. "Give me control of a nation's monetary policy, and I care not who writes its laws." - Nathan Rothschild
@@christopherdillard5180 I am familiar with that quote.
DRS your shares.
DRS (Direct Register) those shares to remove them from the criminals hands (DTCC/Cede&Co/Brokers/Market Makers) and ensure you have full ownership and control over them. Check who your companies direct register company is (i.e. ComputerShare), and directly register your shares in your name so you actually own and control them!
They also own your car and house. In Texas you get a “Certificate of Title” to your car. The real ownership paperwork goes to the DTC. Its called “Manufacturers Origin *” something lol. Same with your house. You get a “Certificate of Deed”. Legal definition of “Certificate” is a position of interest. That’s why the govt can take your property away. They hold superior lein to all your property through the DTC. 100% FACT!
This comment needs to be higher than some of the bullshit up top.
They can only take it if you owe them money
@@ajl2232 You don’t understand.
@@TexasBroskiActual I know I don't. I was just asking. Forgot the question mark.
If the SEC made a phone call to the DTC wanting data on Bernie Madoff's transactions he would have been shut down years earlier. One phone call.
Wondering if they manage to find a loophole in the T&C and manage to own all of the shares. That would be unimaginable.
Ownership is very similar to law because it has to enforced. We all kind of agree on each other's ownership as we mostly agree on law. Imagine if the whole population found out that their savings were "stolen". Even if it was legal on paper you would lose all that trust. People would be mad and would turn the whole society into chaos. The whole economic machine would become worthless because there would be no labour capital and the societal trust would be mostly gone and the society would have to undergo major rebirth (new order, revolution, shift, dystopia call it whatever)
🤔
@@zdenek3010 sounds like a possible movie plot.
@@zdenek3010 zedenek is right. We agree with each other that something is propriety of someone else, and we have the law to enforce that. If someone disagree he cannot take it because the law would prevent it and the justice system will decide what’s right. However if everybody disagree on that system I collapse. If there is no law and no enforcement something is owned by the one that take it and defend it. Like in some apocalypse films some armed group take propriety of building and cars etc even if there aren’t paper. That’s the same concept here. Think about your bigger brother that take from you a toy and say “now is mine” you can’t take it back because he’s stronger than you, so you go to your mom, the law enforcement who knows that it’s your toy and she’s stronger than your brother. But if your mother is at the grocery there is nothing you can do about it. The same here, if that company owns all the stock on paper it dosent matter. People would make a revolt against the system, they would stop working and the company become worthless without labour. They could enforce with the military but that would be the start of an apocalyptic scenario.
All you have to do is Direct Register your shares with the transfer agent of the stock you hold. It's just illegal for any company to ask it's shareholders to direct register it's shares. If that's not a sign it's rigged, Idk what is,.
'You can't do anything about it so you shouldn't look into it'. This sums up everything that is wrong with society today. If there is something wrong you should look into it even if it has a big cost!
Loving the content you are currently pushing out! These videos are super interesting and informative man, thanks.
Thank you so much for the positive feedback man!
@@LogicallyAnswered yeah it was great! maybe next you can do a video on CUSIP numbers, or transfer agents? I’m going to check it out myself in the meantime.
Number one most educative channel on RUclips..
Thanks Joseph!
10:25 "And even if that is the case, there's not much we can do about it" this should be fun over the next 10 years
GME (Gamestop) & Loopring (Eth L2)
You deserve more i hope you get more Hari !!!
Thank you so much Ayush!
Are they audited ? Good stuff as always !
Hopefully hahaha
One must remember that possession is 9/10's of the law. That gives everyone else a .10% chance of recovery if they decide to bankrupt everyone. I'd say they have the deck stacked in their favor and the people haven't a prayer in hell.
I recommended a professional broker to you guys sometime ago, can I get a person who invested with her
Comment below
Let's go
wow I'm glad I did withdraw my first profit two days ago now I have another ongoing trade with her.
who is this professional broker and how would I be able to get in contact with her.
she is Mrs Melissa one of the best and trustworthy broker on earth....
She has helped me too, Mrs Melissa is a very nice woman.
Wow I was shocked you mentioned and recommend Mrs Melissa, I thought people don't know her............ She is really awesome
A Banker at Davos told a investgative reporter that just one of their accounts had a balance of $112TRILLION…..
Great videos! Relaxing and informative. Keep going and the 1M subs will surely be coming to you soon. I predict early 2023.
Thank you Nima! That would be awesome!
Hari, I hope one day you get a Ferrari and chilling in the Bahamas sipping on Bacardi.
Hahaha, thanks bro! That would be fun
Lmao honestly all the comments of ppl on RUclips going like omg I love ur videos n shit seem fake but this one looks legit I fuck w it 😂
Force Majeure makes this company very powerful.
It is a universal axiom that: "Possession is nine tenths of the law!" So the individual who actually has physical possession is, in fact, the owner! Is that nefarious enough for you!?
The reasoning laid out for "paycheck-to-paycheck" completely ignores the reality of the changes in the American economy starting in the 1960s that drastically reduced the income and wages of families creating a reliance on credit.
The human heart wants infinitely more?
Also houses went from 900 sq feet to 2600 sq feet. People used to cook, now they pay someone to go drive to the restaurant for them.
August 1971 is when it started. Nixon separated the dollar from gold.
@goatface6602 I would use 1913's implementation of the Federal Reserve Act by Woodrow Wilson as a benchmark for that unfortunate turn. Along with the shenanigans of FDR.
Wait. What if the DTC collapsed? While watching this video, that question keeps going around my head
Well technically, there’s no reason that they would collapse since they don’t actually do anything with the stock. But if it somehow happened, we’d definitely be looking at another Great Depression.
Yeah I don't think the government would ever allow the DTC to collapse. They'd either bail them out or takeover
They literally define the words 'too big to fail'
Cool Thanks, first time i have heard any thing about this Large company
Glad you learned something Eric!
i have never heard of this man your videos provide wide spectrum of knowledge.
Can you make a video on the origins of SWIFT system and the financial institutions that use it nowadays?
Are there any companies or governments working on moving this to the blockchain?
I don’t think so currently, but that def seems like something that’ll eventually happen
Gamestop is developing a web 3.0 nft marketplace. There is speculation that the GME stock will be traded as an NFT on their loopring nft marketplace, putting their stock on blockchain.
@@frostreaver1 i dont see the point of nfts as a stock ownership alternative, it would be better to issue tokens for the ownership of commom stocks
Good video your voice quality is improving
Thanks for the positive feedback Rajalakshmi!
Here in the UK I tried for months in 2016 to get share certificates for precious metal miners from my broker. They buggered me around and eventually said no, and would close my account as the only option to allowing the status quo.
In frustration I sold the lot, foregoing many years of ISAs and bought Bitcoin and Etherium.
Obviously I wouldn't ever use equities again.
It's obvious hypothecation and when Veritasium is applied to the DTCC there's going be a lot of broken people.
Wake up...
Hey man your doing great job bringing out all this information. Thanks.
Thanks for watching Claudius!
@@LogicallyAnswered Why did you label naked short selling as a conspiracy? That's absolutely happening and is rampant right now, particularly with certain stocks like $GME. You also said there's nothing that can be done about it and not to look into it. Well we've looked into it, we know it's happening, and we know what do to about it: directly register your stocks with the transfer agent of the companies you're invested in, which removes the stock from the DTC's clutches and prevents your broker from lending stock to short sellers.
Thank you, your channel is among few of the channels which have factful source
Thank you Sid!
Has anyone watched " They Already Took Your Assets! You Just Don't Know It Yet! " on RUclips?
Every bitcoin investor right now is just smiling at the price of bitcoin as it head strong and indeed valuable enough to generating Roi. More persons are gonna become millionaires and we have Bitcoin thanks for that.
How favourable is the market now I want to invest in cryptocurrency?
@@nathanieledet9659 Yeah sure forex and crypto yields more profile with the favourable market rise.
@@nathanieledet9659 Yeah favourable.
I've been trading crypto with crypto saylor Susan since high price and l've made about a whooping profit of $86,000 in crypto its not much but I'm OK with the progress since I now make a whole lot from the comfort of my bed.
I had interest in investing in forex and crypto but I was discouraged by friends and family, I was being ignorant thought.
Kana ukaona message iyi. Uri umwe wevashoma vane mainterest akafanana neangu kwatobva. Pindura tiite a link up.
Wii na goma 😂😂
How does this channel not have a mil subs??
Logical answer, Harry please what is the best broker to use
Wow, that is crazy. I have not heard of this before.
Well, glad you learned something hahaha!
Wow! $513 Trillion!? That's huge amount of money.
I know right, it’s nearly 20 times US GDP
👆👆👆When I was a new member I really lost all my investment because I was new and didn't meet the right account manager to invest with.i was at the average of quitting till i was introduced to him and my story changed
I'm so happy for getting to know him, who has shown me the way to success through this crypto trade of a thing. I can boast more of my life financially because of him,I earned massively, Reach out to him and start earning through his bitcoin trading platform 💪💪
Sorry I’m late again ( aaaaa .... 1 week late 😅 ) , I have heard of Cede Co but I didn’t go in deep cuz at that point in time DTC and it’s stock were very confusing . And the DTC’s weird ( or complex ) system already caused a bit of confusion and don’t start me on the stock certificates .
Great video 👍🏻 , hari
Cede Co more like steal my money 💵 yo ( I don’t know, I don’t have a better pun )
Dang, that’s impressive that you’ve heard about them. I had no clue till making this video hahaha
@@LogicallyAnswered thanks
yeah they make it confusing on purpose so you stop looking. Knowledge is power. Imagine if every american had a basic understanding of how this works.
@@evangreenberg1666 thanks I gesso
OK, had to subscribe immediately even tho the voice is weird, the facts is too good
Thanks man! Always trying to improve the voiceover as well
Many people are gomna be happy and many are changing life big help to all peoples in this world super amazing blessing of our god creator and our father in heaven many people's or all peoples are gonna be happy for that blessing they helping around the world thankyou my beloved father in heaven for giving anew life anew happiness to all peoples in yhis world many people all countries are gonna support and gonna help all leaders countries for that kinds of blessing the amazing amount of money in the history of this universe
How did you got idea for this video there is no much videos in youtube and how did you know about this entity
How does someone learn all of that🤔🤔 there's a lot of big financial terms😅do we have to take courses...
Hahaha nah, you usually just naturally pick up on this stuff as you invest in the markets
@@LogicallyAnswered How do you find this info for your videos?
All my resources are always in the description:)
Lol, so basically it speeds up financial transactions between people so they don't have to wait days for their money.
Yah, that’s one of their indirect functions
This is the equivalent of roll ups in cryptocurrency. Layer twos bundle transactions and roll them up into the layer one like Ethereum. Also crypto exchanges maintain a database of users ownership and then do the same thing the DTCC does for stocks for crypto and balance out what they need to buy and sell based on the net effect of traunches of user trades. The more you learn about cryptocurrency the more you realize you don’t know about traditional finance
It really is a direct comparison to roll-ups nicely put 👌
Will the availability of blockchain technology change the system and eliminate unnecessary middlemen as well as prevent fraud and theft?
so in India does CDSL or NSDL owns stocks, because they depository companies in India?
I’m not sure, I’m not really familiar with those institutions unfortunately
Yes sir. NSDL is run by the Ministry of Finance and CDSL by the Bombay Stock Exchange and some banks! Both depositories hold in dematerialised format.
Great. Mirrored extraction measuring is the first understanding of investing in human history. So we think we understand investing. Not even slightly!
What is mirrored extraction measuring?
@@daviskipchirchir1357 How to return your trust which is your will. We would have to use the global communication system to cause the same effects on the Earth. This is what is called investing.
@@themessiahsgovernmentofint2169 I still don't get what you mean by mirrored extraction measuring. Can you explain using analogy?
@@daviskipchirchir1357 To sustain the male and female, we have to mirror and measure plant life and water sources and coordinate it so it's the same with the computer system/phone/communication. This is how to uncorporatize our will.
This is why you MUST Direct Register your shares with the company's official transfer agent in book entry. Only shares you are long on. This is the only way to remove shares from Cede and Co
How do you do that?
@@deborahritchie3912 you gotta Google who is the official transfer agent of the company you are holding. I know Computer Share is the transfer agent for a lot of blue chip companies. Then call up your broker and tell them you want to direct register your shares. Your broker should walk you through the steps
You are educating me the internet and RUclips are a good thing confusing depending on where you have come from I was told at age 15 to get with the computer age was an addict have tripped over this all my life what a mistake this has become have a blessed Christmas and hopefully a happy new year
this is why i trust bitcoin more than stocks, you’re actually in control of it, you can move it wherever you want instantly and no one can take it from you, it’s the freedom of control and security, no other asset can give
In control of it? You're at the mercy of the miners basically, and they are only in it for the sweet mining rewards.
@@michaelsmith4904 Exactly.
@@michaelsmith4904 What are their rewards anyways? I think it's the biggest scam in human history.
@@michaelsmith4904 I think the majority of miners are losing money at today's BTC price. They do it because it's real property in cyberspace.
Thanks for this amazing content. Had no idea this existed. Keep up the good work.
Hari, doing so much research for your videos & gaining knowledge of how things work. Do you invest yourself? Or are you discouraged?
Nah, I’m not discouraged. What do you mean invest in myself?
@@LogicallyAnswered I meant are you an investor? Sometimes when you see how something works or is made, you get turned off by it. Like working at a factory and seeing the crap that goes into foods, you'll no longer want to eat it..
Ahhh, I see what you mean. I’m definitely an investor. While the system isn’t perfect, I think being invested is faaaaar better than holding cash hahaha.
@@LogicallyAnswered perhaps some recommendations for your viewers? 🤔
There is a lot of serect companies that own the world.
Yep hahaha
I secretly own them🌚
Oh yeah? If they're secret then how do you know they exist to begin with? Lmao.
wait till this entire market gets tokenized..
Great Video! On top of that they earn interest on the money that is sitting in settlement. When you make a trade after you sell it will take a few days for that money to go back into your account. During this time they are earning interest on your money. This is happening millions of times everyday.
Change your Microphone, your subs will boom
Thanks for the feedback man
He has a cold bro chill
Nothing different from a bank account, they are just custodian of shares.
Yeah basically, but the scale is on a whole another level
In Australia you own the shares yourself. There's no custodian model.
We may not own our stocks, but at least we can go outside.
@@SomeWeirdGamer damn bro
@@SomeWeirdGamer 😂
Well DTC has that 55 smth trillion but they dont use it and it sits there doing nothing so they effectively dont have that much
Not really.. Its like a bank, They then can "loan" or "float" the securities, and basically have $50 Trillion in cash flow that they can play with, just like a bank.... Its EXTREMELY dangerous, To us.... They can "lose" maybe $20 Trillion and no one would have a clue... Think about it... Or they could Make $20 trillion and again, no one would have a clue...
@@RussellD11 What makes you think DTCC can loan or float securities? I need legitimate sources to your claims.
I knew it! Thanks for putting the words and names to what most assumed.
Superb video man 😊😊
Thank you Lalith!
This is why block chain technology Scares the crap out of financial institutions especially the higher-ups because they know that they cannot manipulate well not near as much as they can now, it’s possible still but with Blockchain technology, cryptocurrency, a privacy focused web three things are going to change. We need full on decentralization
Thankyou for the upload.
Thank you for watching!
is it possible for the DTCC to use XRP for near nothing in fees to transfer there trillions in instant transactions time to all cross border payments
So who is more powerful, Blackrock or the DTCC?
thats the 64 trillion doallr question
Wow, I had almost no clue!
Interesting what this applies to? Is it only nastaq and nyse is it even some otc stocks or only once it reaches a higher standard like pink current or something? I have no Idea I'll have to do tons of research into this rabbit hole.
It sounds similar to fed reserve which Is privately owned etc.
Tyvm for the video I'll definitely be sharing this with everyone.
Yeah I’m pretty sure it mainly only applies to nasdaq/nyse stocks as well as stocks from other major exchanges like Hong Kong and London. But I’m sure they’ve got some otc stocks as well haha
I liked the background music during the conspiracies part
I remember once upon a time when paper stock certificates were issued as proof if ownership, 60 yrs ago
There I was thinking Blackrock owned the world.
😂 they do too, just to much a smaller degree
Bt they do own such a baddass name
Me too😂😂😂😂😂😂🤡
This why crypto and the blockchain is the best thing in the world right now. Better book keeping and settlement time.
Veeeeerrrrry interesting... Thanks for sharing
If you purchased stock, can you instruct your broker not to “lend” your stock out to the short sellers?
you cant instruct that on a per trade basis.. for margin accounts, the agreement you signed to open the account will most likely have a provision that let your broker borrow your shares free of charge. You can ask them to amend the agreement but they don't have to accept. Alternatively you can switch to a cash account where your broker cant borrow your shares or you can move to a broker that will at least pay you to borrow from you.
They just process the information you still have the decision to hold buy or sell the stock
I don't think there's any conspiracy going on, at least not on a significant scale. But "Can't do anything, so may as well not look at it" is the worst mindset, so I can't help but point it out. 😂
Fair enough, I’m just not personally interested in fighting for change or something hahaha
@@LogicallyAnswered Yeah, that's totally fair. Just when I hear that, past conversations about climate change flash through my mind. 😅
It's absolutely going on with companies like GameStop right now. It's estimated that there are over a billion naked/phantom shares floating around.
First time I'm noticing the Asian accent for some reason. Good channel :)
Thank you Halilu!
It is beyond ridiculous that this is how stock ownership works today. How can anybody have trust in this ?
This is for US and US is not the world. Read the description if you’re thinking im lost guys
Thanks for this - subscribed!
When I Google "world's most valuable company" apple shoes up with 400million. Why isnt this company higher with it's 70trillion?
Now wait until I tell you that 54 Trillion dollars doesnt actually exist.
The DTC is a clearing company, so they only hold the stock for a few days right?
No, it sounds like he said legally DTC owns the stock, but DTC gives your broker an IOU, then your broker gives you an IOU. You are treated as creditor to your broker. like when you deposit money in the bank. You don’t own the money. In bankruptcy, you are considered a creditor to the bank.
@@kevan5321 Maybe they give you an IOU, so they can loan 9 times the amount out, good old fractional reserve fiat, road to root A. Im all new to this, just started this morning, Im terribly wrong probably.
Talk about being *incognito*
😂
To me, most market sell off are artificially triggered. Therefore most crashes are artificially triggered.
Best is to do nothing and certainly not sell.
Best is to have Cash on the side to buy more of companies / shares when they are cheap.
There must never be any emotion in trading or investing.
Really amazing video 👏
Thank you Techie!
What a eye opener thanks
Sologenic is creating tokenized stocks in Crypto. This video is a great advertisement for it.
If the shares are all owned by DTC, why does 2 day settlement exist?
Effective Auditing