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Welcome back ladies and gentlemen this Is the bearable ball Here and men oh men is the crypto Market Getting spicy Today Bitcoin has touched officially the $442,000 mark and you tell me you aren't Happy as hell that you made it through One of the worst be markets in crypto History with some of the biggest Collapses in crypto History oh we're feeling real good Today and this is where the crypto Market gets Interesting ladies and gentlemen you'll Hear the narratives the market is rising Too quickly a huge correction is Imminent there is Big resistance for Bitcoin at 40K I'll sell here and buy back lower Easy Game too many people are eyeing this Scenario what if 40K just acts like like Butter instead and then new oldtime Highs Come ladies and gentlemen I'll continue To stress these are not the moments Where we should be selling in the bull Market these are the moments you need to Be finding the last few remaining Cryptos that still have Immaculate entry Points to load up for the bull market The bull market has shown itself it's Been fully revealed we are not going Into a bare market for crypto and that
Should be the conference You Need to have your chips in a Row because if you're prepared now by The time your friends who have been Ignoring you over the bare Market Finally get It they're your signal to Exit it's the rough rules of the Game the retail investor is always Wrong and if you don't know by Now you're going to find out Now here this is an extremely important Airdrop for the entirety of the xrp Community as ever's node is having their Airdrop and here on the screen is a Tutorial on how to claim your ever's Token if you had xrp in September 2023 On your wallet the snapshot taken allows You to be able to claim Evers and I hope all of you follow this Tuto tutorial that I have in my comment Section down in the description below Because it will certainly help you I Think what the community is building With others is important and we can have A nice little profit taking opportunity When we get this Token now here in addition from we say When we have a number of different Technologies being built out for the xrp Ecosystem right now and zaho hooks is Very Important a lot of people need to pay
Attention to what's being built in this Community and David Schwarz talks about This Recently zahu was built in The xrp Ledger Spirit very much supportive a Very significant accomplishment all of The important interesting things you'll Be able to do are real and he goes on to Say one of the coolest things about it Is that Ripple didn't build It this technology is open for all of You to build on it and ladies and Gentlemen what's being built on The xrp Ledger will give it so much extra value Once the bull market truly takes Place complementing that of course is Hooks which I talked a tiny bit about Before this is some work done by xrpl Labs and WEA WIS team hooks is a bespoke Light smart contract solution for The Xrp Ledger complimentary to the EV VM Side chain one of the things I like the Most about hooks is that it is built in Sort of The xrp Ledger Spirit um The xrp Ledger when it was developed we could Have just adopted everything Bitcoin did And B another sort of clone of Bitcoin But we didn't we rethought things from The ground up we thought about Decentralization we thought about Performance we thought about making Something that's sort of light and uh Hooks definitely embodies that Spirit as I mentioned during my Apex keynote last
Year we at Ripple are very much in Support of Wu's efforts it's very very Cool land Mark just recently it passed a Comprehensive security audit this year That is extremely difficult to do for a Feature this complicated so that that's As someone who's written features of you Know complex features that have to pass Thirdparty security audits that's a very Very difficult thing to do and a very Significant accomplishment and Absolutely essential to risk large large Amounts of value so yeah that's that is A that's a Huge now you can't do everything that You could do on an evm platform with Hooks but you can do a very significant Fraction of important use cases and That's only going to grow over time and There are a lot of downsides of of sort Of a turing complete or evm compatible Side chain that you don't that you don't Have with hooks the if you think about Like the way ethereum itself Works Everything about it is built to support Smart contracts there's an enormous Number of trade-offs in terms of Confirmation time and fees and stability And resource consumption that you have To make to support a contract a smart Contract implementation that heavy the Trade-off is that you can support very Very complicated functionality hooks Draws a different tradeoff you can't do
Literally everything that you could do But all of the important interesting Things I think you will be able to do And in exchange you won't have that Unpredictability with fees the resource Consumption so fantastic fantastic work And the other cool thing about is Ripple Had absolutely nothing to do with it we Funded some of the developers but it's Not our project like they tell us great Things about what they what they've done And we silently applaud um that Sometimes creates the perception that We're not supportive we absolutely are It's just it's not our project and we're Not not going to try to take it over uh We're going to just watch and uh cheer From the sidelines and occasionally Maybe some funding if they need It now guys I always find it so Important to listen to what the experts And the Geniuses have to say and David Schwarz I think does an excellent job at Helping simplify the tech for that Average Joe guys what's being built on xrp right Now is a Trifecta guys what's under the dam of The xrp Ledger right now is eventually Hooks automated market makers nft Capabilities Evers Zahu all of these different Technological innovations will multiply
Our profits down the Road and I can't stress this in Enough the xrp Army has not only dug up So much research on the future of the Financial System but we have also helped progress The legal system here in the United States in regards to Blockchain John Deon represented 75,000 Xrp community Members and like a legend he goes down In History as one of the lawyers that Helped progress the crypto Market He recently put out a book called food Stamp Warrior and here one of the industry's Biggest innovators Caitlyn long talks About how great that book Was if you haven't gotten your copy Already please get it on Amazon and I'm going to leave you with One of my favorite women in crypto Letting you know how important John de In the xrp Army Is ladies and gentlemen this is the Bearable ball Here thanks for tuning In as always I appreciate every single One of You now I'll be back Tomorrow with another Video um and I I just got done reading John deon's book it's it was a
Phenomenal book it's called um food Stamp Warrior you know he's the lawyer Who gathered 75,000 xrp holders to agree To be sued by the US government they They they in intervened in the xrp case Against the SEC to be 75,000 people from Around the world agreed to become Defendants against the US government in That case it's a it's it's an incredible Story and I don't agree with with with John that he he moved on from Bitcoin Pretty fast because of the scaling Issues I don't agree with him there but He's a phenomenally smart guy and that Book was a stunning book and he grew up In the hood he was one of three um white People in his high school and just what It what his experience of of going from He was a food stamp Warrior grew up in a In a in a very poor Family new real Hunger and and um lifted himself up by Bootstraps on boots he never even had And it's just such incredible ragster Rich's story but he is a fighter and he Is a perfect example of of somebody who Used his platform for good and pulled Together 75,000 people to intervene in In what he calls one of the strangest Rits of mandamus ever filed in the US Court system and he succeeded and it's a It's a phenomenal story um I highly Recommend the book it was such a page Turner it's a it's a crypto adjacent Book um because he's obviously a
Well-known person in in this space uh And I don't want to get into the Bitcoin Versus xrp thing but But I will say that that that he did an Incredible service to all of us and his Point is well taken he he said and I Didn't know back back then because I Wasn't following it he said this is Going to impact the entire crypto Industry this this xrp lawsuit and he Turned out to be right um and so by Fighting and by by by being a brass Knuckle and and literally brass knuckle He's going you know if you read his book You'll hear about his brass knuckle Stories um he's a a true fighter and you Know became a US Marine and and um and Then a prosecutor and and ended up he he Said like he was so successful in his Law practice that he started to get Bored by it and then crypto became the Thing that caused him to get out of bed In the morning and he's not been making Money off off his crypto lawsuits he did All of that because he was an xrp owner And he said look what the SEC did was Steal from people by that's his Perspective by by by by calling xrps Security and having all the exchanges Delisted um that was what he that was What he he concluded and he wanted to Stand up and fight and thank God he did Thank God we have people like that in Our industry amazing
