Cede & Co - The $54.2 Trillion Shadow Trust That Owns The World

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  • čas přidán 9. 07. 2024
  • Have Companies & The US Government Pay You!
    app.silomarkets.com/launch
    Whenever we invest in stocks or bonds, most of us would assume that our brokerages purchase the stock or bond for us and put it under our name. However, this is not what really happens. The brokerage only gives you certain rights to the shares, but you don't actually get ownership of the stock. The brokerage doesn't own the stock either. Almost all stocks and bonds in the US are owned by a trust called the Depository Trust Company (DTC) also known as Cede & Co. Cede & Co. retains ownership and custody of $54.2 trillion worth of assets as of July 2017. Officially, this system is in place to eliminate the need to trade physical stock certificates and automate the entire process. But given the sheer size of Cede & Co's assets, many have hypothesized that there's much more going on in the background. This video explains what Cede & Co is, why they were established, and why they own $54.2 trillion in assets.
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    Timestamps:
    0:00 - Cede & Co
    1:19 - Founding The DTC
    3:49 - Inner Workings Of The DTC
    6:17 - DTC Affiliation
    7:48 - Concerns & Conspiracies
    Thumbnail Credit:
    bloom.bg/3rDOQoW
    Resources:
    pastebin.com/ff2ESgKZ
    Disclaimer:
    This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
    www.silomarkets.com/disclosures

Komentáře • 667

  • @st.wolfgang4460
    @st.wolfgang4460 Před 2 lety +183

    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.

    • @drek273
      @drek273 Před 2 lety +13

      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

    • @solomonadejobi4576
      @solomonadejobi4576 Před 2 lety +4

      Definitely.

    • @Tony_acosta
      @Tony_acosta Před 2 lety +6

      Agreed. That’s not how we do things here in the US.

    • @captainhakob814
      @captainhakob814 Před 2 lety

      @@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.

    • @atranimecs
      @atranimecs Před 2 lety +1

      Go ahead, look deeper. Nice knowing you, bye.

  • @DeathValleyDazed
    @DeathValleyDazed Před 2 lety +322

    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!

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +9

      Thank you so much sir!

    • @ytisfulloffreaks4189
      @ytisfulloffreaks4189 Před 2 lety

      Ahhh I was about to watch this video aswell! Fuck sakes I didn't know he made it for you Death Valley Dazed:(
      Disliked

  • @michaeladams8578
    @michaeladams8578 Před 2 lety +74

    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).

    • @MrEo89
      @MrEo89 Před 2 lety +5

      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)

    • @Kevvzi
      @Kevvzi Před 2 lety +21

      DRS $GME ⭕

    • @CFGR01
      @CFGR01 Před 2 lety +3

      🦍💪💎🙌🚀🌑

    • @johncledd8063
      @johncledd8063 Před 2 lety +2

      @@MrEo89 dmm I need a better education, Rocket89 please recommend us a book about it, if that kind of book exist for the public

    • @klb-og7cp
      @klb-og7cp Před rokem +2

      @@Kevvzi I have DRSed, and will continue to do so!

  • @benlangdon2215
    @benlangdon2215 Před 2 lety +276

    Wait, are there really only half a dozen employees? that seems like an insane security risk to the global economy

    • @pepperroni4016
      @pepperroni4016 Před 2 lety +27

      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

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +106

      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.

    • @pepperroni4016
      @pepperroni4016 Před 2 lety +49

      @@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.

    • @kyranbrockett1803
      @kyranbrockett1803 Před 2 lety +42

      @@pepperroni4016 clearly u guys have no concept how much work goes into maintaining automation tools. They would have a massive dev team

    • @Ncc-ko6hv
      @Ncc-ko6hv Před 2 lety +37

      There's 4300 employees at the DTCC

  • @ruwells5366
    @ruwells5366 Před 2 lety +25

    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.

  • @romelindareyes7337
    @romelindareyes7337 Před 2 lety +139

    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.

    • @kelvinl.3875
      @kelvinl.3875 Před 2 lety

      Very true

    • @kelvinl.3875
      @kelvinl.3875 Před 2 lety

      A great work demands a great sacrifice and who is not capable of a great sacrifice is not capable of a great work.

    • @benildabituin1531
      @benildabituin1531 Před 2 lety

      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?

    • @colegaligger7072
      @colegaligger7072 Před 2 lety

      @@benildabituin1531 I'm into real estate investing.

    • @colegaligger7072
      @colegaligger7072 Před 2 lety +2

      Real estate lets people grow their net worth by amassing more and more properties. Its a good long term investment idea due to appreciation.

  • @Malumbrus
    @Malumbrus Před rokem +8

    Directly Register your stock with your company's transfer agent. It removes the stock from the DTC and puts it directly in your name.

    • @Ren3gade
      @Ren3gade Před rokem +4

      Yep, this is what I did. I have some shares direct registered in my name at ComputerShare.

  • @markvoelker6620
    @markvoelker6620 Před 2 lety +20

    For any stock you wish to own medium to long term, always take delivery of the stock certificate.

    • @Ren3gade
      @Ren3gade Před rokem

      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.

  • @lukemars7726
    @lukemars7726 Před 2 lety +116

    First logically answered was playing by billionaires
    Then he moved to tens of billions
    Then hundreds
    Then trillions
    And now tens of trillions

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +9

      😂

    • @truestopguardatruestop164
      @truestopguardatruestop164 Před 2 lety +4

      @@LogicallyAnswered next step is the USA government which technically owns all the banknotes

    • @RajeshRodrigues21
      @RajeshRodrigues21 Před 2 lety +1

      👆👆👆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

    • @RajeshRodrigues21
      @RajeshRodrigues21 Před 2 lety +1

      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 💪💪

    • @warrenarnold
      @warrenarnold Před 2 lety +2

      @@LogicallyAnswered only way above in next up, Who owns the world! More zeroes, 😅 Then next, who owns me, i mean cummon guyz, am priceless 😊🤑

  • @qhuizatlantis8484
    @qhuizatlantis8484 Před 2 lety +34

    There's more to learn in CZcams than in school nowadays, this channel is the best example. Thank you for the knowledge.

    • @Malumbrus
      @Malumbrus Před rokem

      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.

  • @tigera7103
    @tigera7103 Před 2 lety +71

    Things that are guaranteed in life
    1. Death
    2. Taxes
    3. Logically answered saying "taking a look a back”

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +7

      😂

    • @mask8099
      @mask8099 Před 2 lety +1

      I concur

    • @tracyfisher2868
      @tracyfisher2868 Před 2 lety +1

      Yeah, that's good idea . A trade would be the best options if you are new to investing

    • @aereree9561
      @aereree9561 Před 2 lety

      Lots of shady deals here on CZcams 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.

    • @kurtkity3085
      @kurtkity3085 Před 2 lety

      @@aereree9561 Please how do i get contact with him ?

  • @sleepyjoe3970
    @sleepyjoe3970 Před 2 lety +57

    Loving the content you are currently pushing out! These videos are super interesting and informative man, thanks.

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +4

      Thank you so much for the positive feedback man!

    • @KentJTaylor
      @KentJTaylor Před 2 lety

      @@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.

  • @KentJTaylor
    @KentJTaylor Před 2 lety +52

    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!

    • @Flowmaster925
      @Flowmaster925 Před 2 lety +3

      check out that logo DTCC has too, wowzers

    • @christopherdillard5180
      @christopherdillard5180 Před 2 lety +1

      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

    • @KentJTaylor
      @KentJTaylor Před 2 lety

      @@christopherdillard5180 I am familiar with that quote.

    • @Malumbrus
      @Malumbrus Před rokem +1

      DRS your shares.

    • @Ren3gade
      @Ren3gade Před rokem +3

      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!

  • @johnpatrick1588
    @johnpatrick1588 Před 2 lety +12

    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.

  • @ekananda9591
    @ekananda9591 Před 2 lety +18

    Man, they have so much responsibility to keep stock markets work

  • @Ungabunga923
    @Ungabunga923 Před 2 lety +20

    This is the best evidence as to why Blockchain, Bitcoin, NFTs, smart contracts and the whole of crypto is the way forward

    • @christopherdillard5180
      @christopherdillard5180 Před 2 lety +2

      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.

  • @elvisochieng6267
    @elvisochieng6267 Před 2 lety +53

    Cool video didn't first video that I actually had no clue about

  • @TexasBroskiActual
    @TexasBroskiActual Před 2 lety +8

    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!

    • @Malumbrus
      @Malumbrus Před rokem +3

      This comment needs to be higher than some of the bullshit up top.

    • @ajl2232
      @ajl2232 Před rokem

      They can only take it if you owe them money

    • @TexasBroskiActual
      @TexasBroskiActual Před rokem +1

      @@ajl2232 You don’t understand.

    • @ajl2232
      @ajl2232 Před rokem +1

      @@TexasBroskiActual I know I don't. I was just asking. Forgot the question mark.

  • @ki6eki
    @ki6eki Před 2 lety +291

    Imagine the blockchain fixing this so people has actual ownership of their stocks

    • @user-gd4kj1zt8b
      @user-gd4kj1zt8b Před 2 lety +21

      Ain't happening mate

    • @davidson2329
      @davidson2329 Před 2 lety +35

      @@user-gd4kj1zt8b will happen

    • @alvarosuarez4920
      @alvarosuarez4920 Před 2 lety +2

      How ?

    • @J_Clean_1996
      @J_Clean_1996 Před 2 lety +5

      Yes, this is possible.

    • @christopherdillard5180
      @christopherdillard5180 Před 2 lety +4

      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.

  • @McInerneyEoin
    @McInerneyEoin Před 2 lety +1

    '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!

  • @ligjamesshelton7555
    @ligjamesshelton7555 Před 2 lety +6

    GME (Gamestop) & Loopring (Eth L2)

  • @josephsimunza9665
    @josephsimunza9665 Před 2 lety +1

    Number one most educative channel on CZcams..

  • @inflashuns4154
    @inflashuns4154 Před 2 lety +3

    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

  • @shivendrasingh4631
    @shivendrasingh4631 Před 2 lety

    i have never heard of this man your videos provide wide spectrum of knowledge.

  • @bhavyajain638
    @bhavyajain638 Před 2 lety +67

    Wondering if they manage to find a loophole in the T&C and manage to own all of the shares. That would be unimaginable.

    • @zdenek3010
      @zdenek3010 Před 2 lety +11

      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)

    • @Ayudado
      @Ayudado Před 2 lety

      🤔

    • @bhavyajain638
      @bhavyajain638 Před 2 lety +2

      @@zdenek3010 sounds like a possible movie plot.

    • @Luigi-mh1zh
      @Luigi-mh1zh Před 2 lety +1

      @@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.

    • @evangreenberg1666
      @evangreenberg1666 Před 2 lety +7

      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,.

  • @Trevor7727
    @Trevor7727 Před 2 lety +2

    A Banker at Davos told a investgative reporter that just one of their accounts had a balance of $112TRILLION…..

  • @justtellthetruth1134
    @justtellthetruth1134 Před 2 lety +6

    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.

  • @CaptainPlanet007
    @CaptainPlanet007 Před 2 lety +14

    Hari, I hope one day you get a Ferrari and chilling in the Bahamas sipping on Bacardi.

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +6

      Hahaha, thanks bro! That would be fun

    • @inhalejemkem2534
      @inhalejemkem2534 Před 2 lety

      Lmao honestly all the comments of ppl on CZcams going like omg I love ur videos n shit seem fake but this one looks legit I fuck w it 😂

  • @nimasadri4599
    @nimasadri4599 Před 2 lety +8

    Great videos! Relaxing and informative. Keep going and the 1M subs will surely be coming to you soon. I predict early 2023.

  • @williamluddy8777
    @williamluddy8777 Před 2 lety +11

    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.

    • @vodkacannon
      @vodkacannon Před 2 lety +2

      The human heart wants infinitely more?

    • @nathanhedglin931
      @nathanhedglin931 Před 2 lety +3

      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.

    • @goatface6602
      @goatface6602 Před 2 lety

      August 1971 is when it started. Nixon separated the dollar from gold.

    • @wallstreettrader1
      @wallstreettrader1 Před 9 měsíci

      ​@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.

  • @SiD-hq2fo
    @SiD-hq2fo Před 2 lety +1

    Thank you, your channel is among few of the channels which have factful source

  • @Cashias_clay
    @Cashias_clay Před 2 lety

    Thanks for this amazing content. Had no idea this existed. Keep up the good work.

  • @01menyou
    @01menyou Před 2 lety +5

    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...

  • @cervelo9465
    @cervelo9465 Před 2 lety

    Truly excellent channel.

  • @ariserusic
    @ariserusic Před 2 lety +14

    Wait. What if the DTC collapsed? While watching this video, that question keeps going around my head

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +7

      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.

    • @aaronlo9589
      @aaronlo9589 Před 2 lety +1

      Yeah I don't think the government would ever allow the DTC to collapse. They'd either bail them out or takeover

    • @InfiniteEchos
      @InfiniteEchos Před 2 lety +1

      They literally define the words 'too big to fail'

  • @999NINE99
    @999NINE99 Před 2 lety +7

    Force Majeure makes this company very powerful.

  • @wearytraveler3524
    @wearytraveler3524 Před 2 lety +2

    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!?

  • @0my
    @0my Před 2 lety

    I knew it! Thanks for putting the words and names to what most assumed.

  • @huplim
    @huplim Před 2 lety

    Thanks for this - subscribed!

  • @justinborland6370
    @justinborland6370 Před 2 lety

    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.

  • @Shaunt1
    @Shaunt1 Před 2 lety +3

    Wow, that is crazy. I have not heard of this before.

  • @JK-vb6ju
    @JK-vb6ju Před 2 lety

    What a eye opener thanks

  • @technicalsupport6573
    @technicalsupport6573 Před 2 lety +2

    Thankyou for the upload.

  • @eric.m5790
    @eric.m5790 Před 2 lety +3

    Cool Thanks, first time i have heard any thing about this Large company

  • @ayushkulhari1120
    @ayushkulhari1120 Před 2 lety +39

    You deserve more i hope you get more Hari !!!

  • @Elonfuckingmusk
    @Elonfuckingmusk Před 2 lety +1

    All of superstonk apes are gonna be delighted to watch this. They discovered all of this like 9 months ago lol.

  • @themessiahsgovernmentofint2169

    Great. Mirrored extraction measuring is the first understanding of investing in human history. So we think we understand investing. Not even slightly!

    • @daviskipchirchir1357
      @daviskipchirchir1357 Před 2 lety

      What is mirrored extraction measuring?

    • @themessiahsgovernmentofint2169
      @themessiahsgovernmentofint2169 Před 2 lety

      @@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
      @daviskipchirchir1357 Před 2 lety

      @@themessiahsgovernmentofint2169 I still don't get what you mean by mirrored extraction measuring. Can you explain using analogy?

    • @themessiahsgovernmentofint2169
      @themessiahsgovernmentofint2169 Před 2 lety

      @@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.

  • @aryasamaya
    @aryasamaya Před 2 lety +10

    Hey man your doing great job bringing out all this information. Thanks.

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety

      Thanks for watching Claudius!

    • @Malumbrus
      @Malumbrus Před rokem

      @@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.

  • @noopz8035
    @noopz8035 Před 2 lety +11

    Are they audited ? Good stuff as always !

  • @tradingnewbs3347
    @tradingnewbs3347 Před 2 lety +12

    Wow! $513 Trillion!? That's huge amount of money.

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +4

      I know right, it’s nearly 20 times US GDP

    • @RajeshRodrigues21
      @RajeshRodrigues21 Před 2 lety

      👆👆👆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

    • @RajeshRodrigues21
      @RajeshRodrigues21 Před 2 lety

      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 💪💪

  • @asdfjklasdfjkl1988
    @asdfjklasdfjkl1988 Před 2 lety +3

    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

    • @Bootman899
      @Bootman899 Před rokem +1

      It really is a direct comparison to roll-ups nicely put 👌

  • @ignaciopazgarcia5370
    @ignaciopazgarcia5370 Před 2 lety

    I liked the background music during the conspiracies part

  • @TechieIshu
    @TechieIshu Před 2 lety +1

    Really amazing video 👏

  • @lalithlalith5238
    @lalithlalith5238 Před 2 lety +1

    Superb video man 😊😊

  • @ShawnRitch
    @ShawnRitch Před 2 lety

    Veeeeerrrrry interesting... Thanks for sharing

  • @wakenblakeyo
    @wakenblakeyo Před 2 lety +1

    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

  • @MastaMint
    @MastaMint Před 2 lety +1

    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
      @deborahritchie3912 Před 2 lety

      How do you do that?

    • @MastaMint
      @MastaMint Před 2 lety

      @@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

  • @williammccartney4833
    @williammccartney4833 Před 2 lety

    You are educating me the internet and CZcams 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

  • @cervelo9465
    @cervelo9465 Před 2 lety +1

    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.

  • @diogonunes1608
    @diogonunes1608 Před rokem +1

    Can you make a video on the origins of SWIFT system and the financial institutions that use it nowadays?

  • @dezjamesjr4376
    @dezjamesjr4376 Před 2 lety +6

    There is a lot of serect companies that own the world.

  • @marilynmitchell2712
    @marilynmitchell2712 Před 9 měsíci

    I remember once upon a time when paper stock certificates were issued as proof if ownership, 60 yrs ago

  • @ethandowie3907
    @ethandowie3907 Před 2 lety

    How does this channel not have a mil subs??

  • @blue7lvn245
    @blue7lvn245 Před 2 lety

    OK, had to subscribe immediately even tho the voice is weird, the facts is too good

  • @opita
    @opita Před 2 lety +11

    Are there any companies or governments working on moving this to the blockchain?

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +7

      I don’t think so currently, but that def seems like something that’ll eventually happen

    • @frostreaver1
      @frostreaver1 Před 2 lety +9

      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.

    • @robertog7362
      @robertog7362 Před 2 lety

      @@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

  • @maximecj5095
    @maximecj5095 Před 2 lety

    thank u i will make a video abt this in future when i start y yt journey i never knew abt this

  • @optimize.
    @optimize. Před 2 lety

    Very informative

  • @SophiaAstatine
    @SophiaAstatine Před 2 lety +7

    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. 😂

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +2

      Fair enough, I’m just not personally interested in fighting for change or something hahaha

    • @SophiaAstatine
      @SophiaAstatine Před 2 lety +1

      @@LogicallyAnswered Yeah, that's totally fair. Just when I hear that, past conversations about climate change flash through my mind. 😅

    • @Malumbrus
      @Malumbrus Před rokem

      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.

  • @criticalwealththeory
    @criticalwealththeory Před 2 lety +2

    wait till this entire market gets tokenized..

  • @hariharpuri1362
    @hariharpuri1362 Před 2 lety +2

    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 )

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +1

      Dang, that’s impressive that you’ve heard about them. I had no clue till making this video hahaha

    • @hariharpuri1362
      @hariharpuri1362 Před 2 lety +1

      @@LogicallyAnswered thanks

    • @evangreenberg1666
      @evangreenberg1666 Před 2 lety +2

      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.

    • @hariharpuri1362
      @hariharpuri1362 Před 2 lety +2

      @@evangreenberg1666 thanks I gesso

  • @hurcule911
    @hurcule911 Před 2 lety

    nice video, ive never heard of this company.

  • @somerandomfella
    @somerandomfella Před 2 lety +2

    Hari, doing so much research for your videos & gaining knowledge of how things work. Do you invest yourself? Or are you discouraged?

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety

      Nah, I’m not discouraged. What do you mean invest in myself?

    • @somerandomfella
      @somerandomfella Před 2 lety

      @@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..

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +2

      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.

    • @somerandomfella
      @somerandomfella Před 2 lety +2

      @@LogicallyAnswered perhaps some recommendations for your viewers? 🤔

  • @gilgamesh310
    @gilgamesh310 Před 2 lety +6

    There I was thinking Blackrock owned the world.

  • @idon.t2156
    @idon.t2156 Před 6 měsíci

    People responsible for that much money must be responsible WITH THEIR LIVES, because the people say so. This is as important as military power.

  • @gabemendoza1052
    @gabemendoza1052 Před 2 lety +7

    Lol, so basically it speeds up financial transactions between people so they don't have to wait days for their money.

  • @pranavdeshpande4942
    @pranavdeshpande4942 Před 2 lety +5

    Next up: The $1 quadrillion entity no one knows about! Hehe 🙂

  • @steelenutz1
    @steelenutz1 Před 2 lety

    First time I'm noticing the Asian accent for some reason. Good channel :)

  • @nuterra9143
    @nuterra9143 Před 2 lety +1

    Sologenic is creating tokenized stocks in Crypto. This video is a great advertisement for it.

  • @ramdasrahate6521
    @ramdasrahate6521 Před 2 lety

    i love your content

  • @nithinbalaji4108
    @nithinbalaji4108 Před 2 lety +2

    Good video your voice quality is improving

  • @yoppindia
    @yoppindia Před 2 lety +8

    Nothing different from a bank account, they are just custodian of shares.

  • @mdjx6838
    @mdjx6838 Před 2 lety

    This why crypto and the blockchain is the best thing in the world right now. Better book keeping and settlement time.

  • @Dylang01
    @Dylang01 Před 2 lety +3

    In Australia you own the shares yourself. There's no custodian model.

    • @SomeWeirdGamer
      @SomeWeirdGamer Před 2 lety +5

      We may not own our stocks, but at least we can go outside.

    • @loganw861
      @loganw861 Před 2 lety +2

      @@SomeWeirdGamer damn bro

    • @jonarredo
      @jonarredo Před 2 lety +2

      @@SomeWeirdGamer 😂

  • @brightoskar9469
    @brightoskar9469 Před 2 lety

    Logical answer, Harry please what is the best broker to use

  • @danielchukwuemeka7621
    @danielchukwuemeka7621 Před 2 lety

    I learn a lot of new things here

  • @MisterGoodDad
    @MisterGoodDad Před 2 lety +5

    Talk about being *incognito*

  • @alset3698
    @alset3698 Před 2 lety

    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

  • @fredrickdenga7552
    @fredrickdenga7552 Před 2 lety +8

    How does someone learn all of that🤔🤔 there's a lot of big financial terms😅do we have to take courses...

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety +1

      Hahaha nah, you usually just naturally pick up on this stuff as you invest in the markets

    • @GalaxyAeterna
      @GalaxyAeterna Před 2 lety

      @@LogicallyAnswered How do you find this info for your videos?

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety

      All my resources are always in the description:)

  • @curtim13
    @curtim13 Před 2 lety

    New subscriber

  • @StanislavKozlovsk
    @StanislavKozlovsk Před 2 lety +4

    It is beyond ridiculous that this is how stock ownership works today. How can anybody have trust in this ?

  • @TheKnowledgeExpress
    @TheKnowledgeExpress Před 2 lety +2

    so in India does CDSL or NSDL owns stocks, because they depository companies in India?

    • @LogicallyAnswered
      @LogicallyAnswered  Před 2 lety

      I’m not sure, I’m not really familiar with those institutions unfortunately

    • @abhishekmenon069
      @abhishekmenon069 Před 2 lety +1

      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.

  • @OspreyVision
    @OspreyVision Před 2 lety

    From an environmental perspective this makes sense >> from a regulatory and oversight perspective this is a nightmare >>

  • @shmirdonkin
    @shmirdonkin Před 2 lety

    This is news to me. Didn't even realize this existed.

  • @true2481
    @true2481 Před 2 lety

    The road to roota theory!!!!!!

  • @Opochtli
    @Opochtli Před 2 lety +1

    Subbed cuz of gamestop

  • @beldentheruschannel4545
    @beldentheruschannel4545 Před 2 lety +1

    Kana ukaona message iyi. Uri umwe wevashoma vane mainterest akafanana neangu kwatobva. Pindura tiite a link up.

    • @jw3279
      @jw3279 Před měsícem

      Wii na goma 😂😂

  • @jpick3113
    @jpick3113 Před 2 lety +2

    Wait…….. your telling me the group that handles 54 trillion dollars has 6 employee. What. The. Fuck.

    • @RajeshRodrigues21
      @RajeshRodrigues21 Před 2 lety

      👆👆👆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

  • @NitayNostrasifu
    @NitayNostrasifu Před 2 lety

    Money is just a digit punched in

  • @MatthewVillalobos
    @MatthewVillalobos Před 2 lety

    Stock Shares issued as NFTs on a decentralized index are going to destroy the DTCC. Instant settle time, actual ownership, etc. Either they move to this tech asap or they die from it.

  • @Finn-xt6sr
    @Finn-xt6sr Před 2 lety +3

    DRS!