But I'll sue and I won't tell you why I Deceiving a lie I deceiving a lie There's no need to know why I deceiving A lie I'm a Weasley guy I'm a Weasley Guy And I'll sue and I won't tell you why I'll deceive and I lie at this even a Lie Gary Oh Gary We're coming right after you Gary And I have to give a big thanks for that Animation from not Financial Advice.crypto he not only made the Outros that I used at the end of all of My videos but he made that hilarious Graphic of exactly how Gary Hinman and Clayton have acted throughout the years Oh welcome back ladies and gentlemen This is the bearable bull here And man do I have this aggressively Average content for you today As we have so much to discuss First and foremost we have this Bombshell where Ripple is stating that The SEC suffered a major setback in this Xrp lawsuit This is so important as the judge Decision Looms And ripple is posturing and looking to Be in a position of power heading into This major decision Now guys what exactly happened that made The SEC suffer a setback When we look at this article from the

Xrp daily it states in a recent Quarterly report Ripple stated that SCC Suffered a setback according to Ripple The SEC failed to convince the court to Provide it with internal documents from Ripple The documents in question are reportedly Related to Ripple's legal advice on Whether xrp is a security or not And ripple claims that the documents Would show that the company acted in Good faith and did not intend to violate Securities laws Ripple has always been the good actor Here That's why people from the fed the Treasury The entire planet Are willing to join their team and also Partner with them The SEC is the corrupt Rogue actor here And that's going to be proven to be Correct Now ladies and gentlemen as we continue And we look at the macro we have to Remember what's going on with these Banking failures Three of the four largest bank failures Have happened over the past couple weeks Signature Bank Silicon Valley bank and Now First Republic have all happened Within two months The Federal Reserve has stated it failed And the run-up to Silicon Valley Banks

Collapse and here I want you to listen To these two clips one from coach Davey Talking about the FDIC and First Republic And then the Black Swan capital is twins Accompanied with LA Ned Zhang discussing That as well What we're witnessing right now in real Time as the government takeover of the Financial system And I can't stress this enough We're close to a monopoly when it comes To the banking system And it's going to be heading into the Point Whereas the power gets more and more Centralized Xrp will be the only decentralized Mechanism to make sure things work Properly alright guys in my last video I Misspoken here we are FDIC on Fridays The FDIC always does balance they shared With us while FDIC prepares First Republic Bank Silicone Valley Bank was The first now First Republic Bank is Being taken over by the FDC so it's a Bailing not a bailout a bail in is a Bailout is an equity injection a bail in Is when they take the debt turn it into Equity and put on the Open Marketplace For sale so it looks like FDIC prepares Uh to place first Republican Bank under Receivership so this is spank number two To go insolvent the collapses here guys

Get ready just as what I saw in 2008. This is worse outrageous this is Probably get worse yeah and um 2008 for sure I I definitely agree with You um I know we got Sesame Street Running the country at the moment Um but back to that FDIC thing that you Were just touching on real quick Um sometimes I get into conversations With people out and about about oh I'm FDIC you know I got the sticker on the Bank it's a Federal Deposit Insurance Corporation I'm okay I got two up to 250 Grand that would be taken care of if God Forbid something happens and I try to Explain exactly what you just touched on A moment ago but I I tried to tell them That's like having Um you know some vehicle and you got Full coverage insurance and when you Need it the insurance company says sorry Can't help you out right that's the same Concept I mean basically right now Ladies and gentlemen I don't think you All understand just how important all of This is I don't think a lot of people understand How critical the moment we're in is We are pivoting away from the old system Into the new one They're bringing in crisis after crisis To bring on a solution they want in Order to solve it You see this is the thing

If you guys would have been here For five years now Looking at interviews documents and Information constantly posted on this Channel and others in the xrp community You'd know all of this is scripted I've literally shown you the FDIC videos Of them talking about how on a Friday They were going to do billions boom it Happens and now it happens again In just another month Unbelievable And guess what it's not gonna stop Jim Cramer is calling for the end of Bank failures that means there's gonna Be so many more likely Just a week from now But what's important is not to panic not To be reactive but proactively Understand the predictive programming So that you're ready Know that they're trying to manipulate You and instead of getting manipulated Instead of getting emotional to their Plans Understand what's going to come So you already have your chess pieces in Place to benefit from it That's what I try and teach on this Channel every single day Here Anders Lumberg shows all of you That Bob way one of Ripple's original Employees told us why ISO 20022 Migration for cross-border payments was

Such a big deal for ripple Read this very carefully as plenty of People try to understate how important ISO was Bob way stated ISO is way bigger than You might think at first It replaces the previous Swift standards MTN MX and adds a lot of other things The reason ISO 20022 transition is Extremely helpful to Ripple's Bank sales Team as this means that every bank is Required to implement new technology Banks hate to change an already working Process Change can now introduce new problems Which means bankers get fired This is the new number one reason most Bank Integrations don't happen New system development is expensive and Risky mistakes can generate Bank losses Or fines bankers get fired the person You're negotiating with must have one Product budget two development budget Three an appetite for risk But with a mandatory ISO 2002 change That already happened and it's going to Continue to get rolled out the person You are negotiating with only needs to Have One a product budget Money for development has already been Allocated elsewhere Nobody gets fired for following a Mandate

That makes the sale a much easier lift For ripple That being said Bank software sales is Still a hard process especially with the SEC lawsuit still adding fun to the Process But even if banks wait for a settlement Their ISO 20022 upgraded system become Much easier for ripple to integrate with The biggest impact is going to be that Even smaller banks are going to be Upgrading their systems and that creates A much bigger pool of on-demand Liquidity compatible Banks Smaller Banks get the most benefit from Odl It lets them cut the larger Correspondent Banks out of their flowing Costs And this is what's so important you all Need to notice The smaller banks on the planet right Now that could benefit most from on the Main liquidity are the ones that are Failing especially in the states And in my opinion xrp needs to be a Solution to a multi-trillion dollar Problem [Music] It's gonna take time But steps have already been made to help No other crypto and no other crypto Company has positioned themselves like Rip one xrp has to be able to help with

This specific problem And you best believe When a solution is needed And the crisis is a foot They're gonna be oh here liquidity Where is that on-demand liquidity Oxrp there you are oh that little Lawsuit is over with oh So nice Thank God Because the world needs xrp more Than xrp needs the world Now guys as you understand the Importance of the upgrades to ISO 20022 Mr man posted that Swift has also Confirmed via the SEC that candidate in The US will be implementing a big bang Approach when upgrading to t plus 2 on May 28 2024 All of these things happening in a Coordinated manner to improve the Financial system in every way shape and Form Will lead to the inevitable Digitalization and interoperability of The entire Financial system Xrp's on-demand liquidity was was built For this crisis Xrp's on-demand liquidity As the secret sauce The upgrade of all upgrades And if you didn't know that by now You're just not getting it Now ladies and gentlemen at cap off this

Video for today I want you to listen to this clip And salivate knowing you've always held The correct answer Ladies and gentlemen this is the Bearable bull here Thanks for tuning in As always I appreciate every single one Of you Now be back tomorrow With another video India made the move They began last year in a slightly Different manner to the way that North America is planning to move they're Going more of a big approach yeah So India moved um in starting in February I believe it was and they Started with the lowest capitalized Stocks and the groups of about 100 or 500 and the final grouping of the stocks That moved uh in February this year so Um they they sort of had a very Different approach it was slightly more Operationally complex um because they Had different stock markets um that had To coordinate with each other so and the Way that you sort of picked which stocks Were higher higher capitalized was not The easiest thing to do so it was an Interesting approach so uh certainly um I'm not sure that uh North America would Consider that approach I don't think They ever ever did um and I I don't know Whether Europe might though it'll be

Interesting to see if we we go through a Process here and look at it uh in the Future but uh we have a date now as you Saw from my meme uh May uh 28th of May 2024 is when the SEC has announced the U.S and Canada are moving now that was a Slightly controversial date Um not only is the date not a bank Holiday in Canada which is going to Cause the neighbors of the US a little Bit more of a headache that they wanted Um but the timeline's also challenging For everyone around the world and it's It's quite soon so just under it yeah Yes well just over a year right over a Year yeah a year and a bit which is is Really quick when you think about all The work that needs to go into it which We'll get on to in a second I believe And and not to mention the current Economic environment I'm going to put That in there because that's another Problem we've seen downsizing and Operations teams are Bare Bones at the Moment so um we have to divide a time Between businesses usual support and Mandatory changes such as this so it's Going to be tough Yeah certainly I would say I guess at Least with that date we have seen a move Away from January the 1st which is never Never a great day to impose a new change So that's one positives and with the India point we did what we saw across

The Swift Network we did see the oval Setting efficiencies stayed the same and Then it was a bit of a bump with those Last couple of weeks as they put on the Majority of us it went over 10 percent At one point but has now flattened down So to your point I guess pros and cons On different approaches whether it's a Big bang a phase xrp because Ripple's The chosen one to lead the new Global Digital payment system and they use xrp In 2013 the Federal Reserve began Looking for faster payments options two Years later an action plan was born in a Federal payments task force was created It included one company focused on Crypto Ripple in 2014 the World Bank in Better than cash Alliance which includes The Bill and Melinda Gates Foundation Clinton Global initiative in the Governments of 32 countries put out a Report called the opportunities of Digitizing payments one year later the Better than cash Alliance featured one Crypto company on their website Ripple Today better than cash Alliance and all Other un initiatives are focused on a Single agenda the sustainable Development goals for 2030. you can see The sdg's logo on Bill Gates lapel World Leading companies the better than cash Alliance website and on the un's Official exchange exchange what crypto Is exchange officially utilizing for

Their carbon credit solution xrp the World will move to a new international Standard for exchanging electronic Messages between financial institutions By 2025 called ISO 20022 who was the First ISO 20022 member focused on Distributed Ledger technology Ripple Who's partnered with over 300 financial Institutions including Bank of America American Express PNC Santander SBI HSBC Standard Chartered Bank bank of England India Singapore Scotland Australia and Indonesia the largest banks in Japan Canada Egypt the Middle East United Arab Emiratis Thailand Morocco Bhutan South Korea Brazil and Latin America Ripple Who is a former employee overseeing the Federal Reserve Ripple a former employee Overseeing the world's largest asset Manager blackrock's digital Asset Division Ripple leading Australia's cbdc Effort rep who hired a former treasury Of the United States Ripple two former Federal Reserve attorneys to their board Ripple two former Clinton and Obama Advisors former minister of defense and Economics of Germany former business Director at Swift former Swift board Member former CFO at PayPal former head Of the dtcc former Chief business Officer at Uber former VP of Amazon and Former SEC chair on their legal team Ripple who's a member of the digital Pound Foundation digital dollar project

Digital Euro Association moja Lube imf's High-level Advisory board on fintech Hyperledger blockchain Consortium open Payments Coalition faster payments Council Mobile payment Steering group Cross-border working group International Association for trust in blockchain Applications crypto climate Accord University blockchain initiative World Wide Web Consortium and a featured Partner of the world economic Forum with Three members of their team directly Listed on the WF website Ripple Ripple and xrp sound like they're going To disappear or do they sound like They're part of a much bigger plan you Decide


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