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I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, or invest in any asset based on what I say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice and I am in no way liable for any losses incurred.
Ignition sequence start 6 5 4 3 2 1 zero Liftoff we have a Liftoff hey everybody this is the Digital asset investor and I'm checking My volumes for Mr B who is new Nick Buedo at link2 who hates it when I check My volumes at the beginning of the show Um speaking of Nick buedo he does work At link to and link to uh I was told I Just went and checked because I was told They now have a new thing on link to any Of the and they are my sponsor by the Way did I mention that they have a new Feature and that is you can take any of The private not any but but some of the Private Equity that you Own and you can sell um like let's say You wanted Ripple private equity and Just hypothetically let's say you owned Um Circle private Equity you could go in And you could buy Ripple shares and Exchange your circle shares for those Ripple shares that's a pretty cool Feature I I actually went in and looked At it and it's live right now so you can Do that I just want to make everybody Aware of That this check this out this is Represented Wy niichel who will be at Xrp Las Vegas to talk about stable coins For a minute we've heard this morning From Senator Jill brand likely to see a A senate version of a stable coin Bill Introduced and we heard a little bit
About McKenry saying that as thir of the Foundation I know there was the market Structure bill but also what are your Thoughts on stable coin legislation how You think that could help with the space Yeah I mean really close we are really Close again it's it's you know the Negotiations are just sort of what What's a strong Federal floor look like You know folks like in New York North Carolina where i% we want to make sure Our Regulators you know still have uh You know are still involved in in you Know stable coin so you know really Close I think we're going to get it done In a bipartisan way Maxine Waters at one Point said you know recently very very Close that's a great sign uh so you know I think that's that's a positive thing But for me the the thing we really need To be talking about is is where the us Is going with the digital dollar uh in The next 10 20 years and if we continue To just bury our head in the sand other Countries are going to succeed and we're Going to see the dollar lose its status As the global Reserve currency and we do So well uh as a country because of the The the status of the dollar and as we Shift into a more digital economy we we Need to make sure we're we're keeping That you know status and stable coin Legislation is is a really important Piece of that he's going to be there
There he is at xrp Las Vegas there's Only some uh there's 's only a handful Of general admission tickets left so you Better go and grab them while you still Can this is also him he's going to be at The future of digital assets benefit Dinner which is a satellite event Brad Garling house will be there you see Everybody that's going to be there then We got this this is somebody that's this Is um plan says plan B's stock to flow Listen to what this guy says he's not Calling for 100,000 bitco well he is Calling for 100,000 Bitcoin this year He's calling for above $500,000 Bitcoin in 2025 so the big Question is what's next well I think It's inevitable that we reached 100k This year in 2024 and probably a lot higher than just That 100K 100K we're we're very close to That level now and and well if the the Bull market is anything like like we had Seen in history then we we will have a Steep increase in price uh from here 100k this year um note that this this Model line the stock to FL modeli jumps In April To uh roughly 500,000 which is the Average um overnight uh the of the Average price uh level in this haling Period it doesn't mean that the price Will jump Overnight in May or April to this 500k
It usually takes a couple of months and And here too you see the red dots it Takes a couple of months almost a year To reach that that model line and that's What I think will happen this time Around too so the next top will not be In this year 2024 but in next year 2025 um and that top will U be yeah well Some people talk about 200 200,000 as The next stop you can see from this Chart that that would be very Underwhelming um and in fact from a Stock to flow Perspective we need uh an a top that's Much higher than the average 500k so Let's say 6 7 maybe 100k or a million to Reach that average of 500k so the top Will be higher than 500k in 2025 If well that's that's what I think Wowers how about that well this might Even be more wowzers this is um this is From cyphus dominor this is a guy from Ripple I guess nothing is more important To us um than the Partnerships that we Built as you listen to this um Remember people are telling you every Day oh ripples X nobody's going to use Xrp Ripple's not going to go anywhere Blah blah blah blah blah different Countries we're we're honored to be Working globally with uh many central Banks I think we've we've publicly Released uh six uh governments that We're working with most recently we
Announced a partnership with the National Bank of Georgia we're honored To be working working with them uh we Have uh several others that we're Working with uh privately um all of Those projects are uh unique and Different for us um they're a fabulous Opportunity to go in all of those Project a partnership with the National Bank of Georgia we're honored to be Working working with them uh we have uh Several others that were working with uh Privately um all of those projects are Uh unique World environment for that amount of Time um and we think that's a Distinguishing uh feature to highlight I Was interested earlier listening to um Evelyn whitlocks of the ECB talk about Different ways that uh the digital Euro Will be accessible in the Euro Zone um I Think she mentioned three different uh Ways one was uh through an ECB issued Wallet one would be through a bank Issued wallet and then uh the third was Sort of on a card concept and when I Heard that I internalize the complexity Of that ecosystem and what will be Required and that's what we think about At Ripple we think about cbdc as a full Ecosystem that encompasses different Instruments different actors and Ultimately different use cases so when We think about different instruments yes
We're talking about Central Bank digital Currency we're also talking about Private money we're talking about stable Coin tokenized deposit we might be Talking about Native cryptocurrencies All of these things we anticipate as you Listen to this you have to Wonder if this was all planned existing In some fashion in a mature Market Market place getting an all the world's A stage Vibe here regulatory Frameworks Uh that allow for them to interoperate Along different corridors but we're Building for that we're build yes we're Talking about Central Bank digital Currency we're also talking about Private money we're talking about stable Coin tokenized deposit we might be Talking about Native Cryptocurrencies all of these things we Anticipate coexisting in some fashion in A mature Marketplace You get the picture check this out Digital pound Foundation do Ripple's new Stable coin would be pegged one to one With the US dollar issued on both The Xrp Ledger and ethereum blockchain Leveraging xrpl Native functionalities And ERC 20 token standards learn more And then just by pure coincidence all of The sudden the United States claims Russia is using tether to evade Sanctions Ido finina apparently went to The Paris blockchain event and got more
Video of Brad garlinghouse talking Triple has always tried to take a very Compliance first mindset and that uh Somewhat controversially in the earliest Days of crypto you know Ripple's been Around for a while we've always tried to Partner with Regulators with governments Around the world we continue to do that Including some of the work we've done Around Central Bank digital currencies So uh you know in in moving forward with A US dollar stable coin we have decided You know early on we are going through US domicile in that effort we're not Going to try to okay that's not clear Let's do it offshore uh and I do think We will probably see a state coin Legislation in the United States past I'll say within the next year uh I think You the team at Circle has been doing a Great job of providing leadership around That in the United States uh you know in An election year of the United States Between Trump and Biden who knows what's Going to happen but uh I I think before A crypto bill would pass in the United States You' see a stable coin bill pass Now you already have seen leadership and You know frankly Europe is ahead of the United States for sure when it comes to Regulation when it comes to regulation Well when it comes to a number of things But regulation being one uh and so like I don't think any bill that I have seen
Is necessarily perfect but I I think Sometimes we can't let Perfection be the Enemy of foreign progress that that's In okay and then here's a a video where Uh Ido finina is walking you around the Paris blockchain to show you what's Going on Week xrpl St sponsors and I'm going to Show you guys Around have From is the media Space can see oranization is going to Play a huge role everything's about Oranization here we have one of the main Stages even though it's quite smaller Compared to the other stage then we have A xrpl with a strong Presence you can see the profile of Investors has changed they can Be now we have more senior Investors you look closely all the Budgets are made of Stellar Stellar is a Major Sponsor Stellar is one of the main sponsors of The Event Unicorn we have some of the sponsors of Paris blockchain week and this is the Entrance that takes you to Kel then we are back to Stellar again Xlm is taking over as you can see here Right on the main Entrance
Very cool there's a lot that goes into Those things I was talking yesterday When I did the uh spaces with Brad coms People have no idea how how much risk And how much outlay that people do for These conferences like Brad comms has Done for xrp Las Vegas taking a Tremendous risk and I've gone out of my Way to try to help deliver on um to uh Mitigate that risk for him and make sure That we pack out the conference and we Have packed out the conference we he's Set he's setting a record this year on Attendance it's going to be cool this is Also Paris uh blockchain there these Little I guess card those are either I Don't know what if these are taxis where You where they're putting these on the Back of taxis or if these are some these Things if there something you rent and Do it yourself or what but in any event Xrp Ledger get on Board um then we've got Emy yoshikawa Somebody's asking a question about Creating um um I have one simple Question on the issue of transitioning From xrp ledger to Quantum resistant Ledger are there any reasons why you Have not yet Implement implemented Quantum tolerance to Xrpl and Emy yoshikawa from Ripple I Think it would be interesting to develop A Quantum resistant xrpl side chain to Prepare the ecosystem for a Quantum
Resistant future That way we can identify address various Performance ux issues before Quantum Threat becomes more Imminent interesting stuff now wanted to Show you this this is from Elon Musk and Rob Cunningham who is a friend of mine Go give him a follow KU WLS h w Rob does All kinds of shows X spaces and all Kinds of stuff um but he put this video Out of Elon Musk listen to This I mean sec in its best form could Be a for good it should be but but not Once did the SEC go after any of the Hedge funds uh uh who were non-stop Shorting and distorting Tesla not once they would lie flat the Hedge funds would lie flat out on TV for Their own gain at the expense of retail Investors not once literally a thousand Times not once did the SEC pursue Them how do you explain this failure and The incentive structure is is messed up Because the the the lawyers at the SEC Are not paid well they they it's a Fairly low paying job but they what They're looking for is a trophy yeah From from the SEC that they're looking For something they put on basically the LinkedIn yeah um from from that they can Get a job at a high paying Law Firm it's Exactly what the uh Lawyer here did Um and and and and and the reason they
Don't attack the the hedge funds is Because those hedge funds employ those Law Fones and they know if they attack The hedge funds they're affecting their P their future career prospects so they Sell small investors down the River for their own career does that Feel sound familiar that's what Happens regulatory capture regulatory Capture you think you think Elon Musk Hasn't been watching eth gate and all We've uncovered think again and I said Regarding attorneys this is his quote What they're looking for is a trophy Ripple was supposed to be Gary's trophy We turned it into an albatross for Gary And you know John Deon the xrp Army Ripple turned that for the entire crypto Industry turned this into an albatross Instead of a trophy for Gary he was Going to take this Trophy and then go Try to get the treasury job that was his Goal it's been turned into an albatross For Gary well in dp.com today we're Going to talk about Gary Gary and Senator Warren who is his boss they're Just a symptom of the corruption of That's happened to this entire country The SEC corruption is that's just one Little symptom of what has to be plucked Out these people are down and dirty of Course But they're just they're not the root We're going to get further to the root
In Dp.com And it is really creepy scary and makes You Furious but we're also going to talk About the solution to the root I'm the Digital asset investor I'm not an Investment adviser this is for Entertainment purposes only Please Subscribe hit the like button tell your Friends and family dp.com go in there Today and we'll talk about this but We're all you can also get the code that I was referencing there's a new um a new Discount code I can't talk about out Here but it's a good one if you really Want to uh make the most out of xrp Las Vegas here we Go
