He Put 80% Into Bitcoin, Now He’s Calling Out The Government | John Deaton

Jun 11, 2025

John Deaton, a lawyer and crypto advocate, dives into his bold decision to invest 80% in Bitcoin and the urgency of reforming crypto regulations. He emphasizes that his battle with the SEC transcends XRP, addressing the need for financial freedom against government overreach. Deaton also discusses the challenges of crypto tribalism, the looming risks of a dollar collapse, and the potential for passive income through Bitcoin loans. His insights on navigating the political landscape highlight the crucial role of timely legislation in shaping the future of cryptocurrency.

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INSIGHT

Fighting Government Overreach

The fight against SEC over XRP was about government overreach, not the token itself.
Regulatory actions should not pick winners and losers in crypto markets arbitrarily.

ADVICE

Protect Crypto Exchange Accounts

Crypto exchange accounts need bankruptcy protection and full segregation of customer funds.
Your crypto assets should never be treated as exchange property in creditor claims.

ANECDOTE

Inspired by Mother's Banking Struggle

John Deaton shares how his mother's struggles with banking inspired him to value Bitcoin.
He saw Bitcoin as a means to empower unbanked people and reduce financial injustices.

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Discover Bitcoin Yield: https://archpublic.com/ I sat down with John Deaton live in Las Vegas for one of the most powerful and emotional conversations we’ve ever had on The Wolf Of All Streets. We talked about why he went 80% into Bitcoin, how his fight against the SEC was never about XRP, and why real crypto legislation is urgent before politics flip again. If you care about financial freedom, self-custody, or fighting government overreach – this episode is a must-watch. John Deaton: https://x.com/deatonforsenate ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY! 👉https://thewolfden.substack.com/ ►► Arch Public Unleash algorithmic trading. Discover how algorithms used by hedge-funds are now accessible to traders looking for unparalleled insights and opportunities! 👉https://archpublic.com/ ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. Use code '10OFF' for a 10% discount. 👉https://tradingalpha.io/?via=scottmelker Follow Scott Melker: Twitter: https://x.com/scottmelker Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #investments Timecodes: 0:00 Intro 2:00 XRP and Bitcoin Tribalism 5:00 Stablecoin Bill Fight 8:00 Bitcoin as New Freedom 11:00 Dollar Collapse Warning 14:00 March 2020 Crash 17:00 Bitcoin Loans Are Coming 20:00 Passive Income With Crypto 23:00 Will Deaton Run Again? The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.