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Welcome back ladies and gentlemen this Is the beable ball Here and I got this aggressively average Content for you Today as ladies and gentlemen we're Going to answer an important question Today and I'm going to tell all of you Why xrp must rise in Value Soon know if ANS or butts about it Ladies and gentlemen good morning crypto Is helping unlock the xrp mystery with This Clip ever wondered why xrp is Affordable Are banks really utilizing Xrp's Potential is there enough liquidity in The System is the era of banks settling with Digital assets Upon Us David Schwarz answers these questions And more but I'm going to give my own Reasons and then I'll play this clip Ladies and gentlemen right now I've been Giving you all a November 2023 time Frame where major backend updates in the Technological infrastructure of the Financial system with Swift Iso20022 And a couple other things are all Happening at the same time all while I've been warning about a Black Swan Event on the Horizon do you think this is an
Accident absolutely not and then he year The bank for international settlements Stated cyber security for Central Bank Digital Currencies they're having a conference That will address topics including Digital transformation for cyber Security and the threat from Quantum Computing what's actually funny is that Earlier I was having a conversation with Crypto edti about the dangers of quantum Computing and the current state of the World Ladies and gentlemen we have to remember That the world economic forum and CLA Schwab has stated time and time again About the potential of a cyber pandemic And now with what's happening in the Middle East that could act as a major Catalyst for why we see a Cyber attack a Black Swan event all while in the Backend the financial system is Receiving massive Upgrades I don't find that to be Coincidental at all I think that the Predictive programming has been Implemented and if you have the ability To decipher the lizard Talk you'll be able to easily become the New 1% ladies and gentlemen David Schwarz Lets you know why the xrp price has to Inevitably Rise and I want you all to take a listen
So so no one is settling on a digital Asset at scale today uh what's going on At scale today is the messaging part That's able to settle on a digital asset When the liquidity is there um whether Or not the my what's happening on the Digital exchanges right now is there are Really only two participants there's Market makers and there's speculators And that's part of what I think is Making the market so unhealthy uh the Market makers are defly afraid that Speculators are going to see a price go Up on one exchange and beat them by a Millisecond and sort of you know make Them a loss and vice versa what we're Trying to do with xrapid is bring to These crypto exchanges Market takers People looking for liquidity who don't Care what crypto prices are doing the Thesis is that if we do that market Makers will make more money because they Won't be there won't be people trying to Force them to you know take a buy when The price is dropping in vice versa and They'll respond if I see you making a Lot of money I'll make just a little bit Less money and someone else will make Less money still so we think that Bringing in like real demand for Payments will bring the spreads down and Bring bring the offer volumes up xrapid Will see if we're right about that but You're absolutely right that there has
To be more liquidity the volatility Problem is solved by by the speed the Next question is can we solve the Liquidity problem and I think um as X Rapid scales up we'll see whether this Just brings more liquidity or in the in The negative scenario do we just use up All the liquidity and then the market Just dies I don't think that'll happen I Think what market makers are looking for Is people to to take the liquidity Now Ladies and gentlemen what we heard there Was David schwarz's explanation for how The xrp price will rise because right Now we're not getting that good Money we're not getting that bank money A digital asset is not being used at Scale yet but what he did mention is That what is being adopted is Messaging Settlements is what we're waiting for But ripples laid out the perfect Infrastructure for for xrp to Potentially be used and xrp in my Opinion is the best positioned digital Asset in the World for Mass Adoption guys this is what I'm going to Say none of you realize how big the SEC Case going in our direction is right now Because it's not shown in the price but The price will come xrp is a better Investment now at 50 CS than it was just 4 months ago at the exact same price we
Have our Clarity in the United States And when the Bulls return like I think They Will oh Baby and let's not forget something Else guys it's very Possible that a bigcoin ETF is about to Get Ped as coin Telegraph may have just just Broken the news too Early because the crypto lur lar Davis Posted that Bitcoin ETF filings with the SEC are being amended which means that Dialogue is happening and that we could Be getting very close to approvals and Guys if Bitcoin ETFs start getting Approved left and right expect the most Seismic Bull Run in the history of Crypto bull Runs especially for xrp Xrp is a ticking Time Bomb of wealth Waiting to Happen and all of you better recognize What you Own the first major Domino to fall had Been falling since 2012 when xrp was first birthed and Now we're getting closer to the biggest Domino Falling the SEC case going in our Direction ction was one of Them now we get the Price and that's going to be a special Moment for the xrp
Investor now guys to cap off this video For today I believe that this token 2049 Conference where Brad garlinghouse was Presenting is extremely important for The major context of what's going on at The future of Ripple for the future of Xrp and Beyond and I can't let you all go on Without having watched the entirety of This Clip please watch all the way Through and the last thing I'm going to Say is that ladies and gentlemen I have Found a Hidden Gem of a token that is Microsoft's number one Pick for the next crypto Bull Run and this crypto is at the best entry Point it has ever been in in its history And I highly recommend every single Person here find out which token that Is I believe this one will be a profit Generator the next Cycle and I think when all of you hear The reasoning behind this token you'll All Agree I believe the entry point will be Shortlived as it's too cheap now for People not to buy Soon and if you want to find out what Token that is please sign up to my only Fans down in the description Below ladies and gentlemen this is the Bearb ball Here thanks for tuning
In as always I appreciate every single One of You now I'll be back Tomorrow With another Video we have seen regulatory progress So in other Jurisdictions across Asia Europe Middle East why hasn't that been enough then to To Spur Confidence I I'll I'll uh I'll challenge The question meaning uh look I I Remember when Bitcoin hit I don't know 15 or 16,000 I think today it's 25 or 26,000 like there actually you know Wasn't that long ago that Bitcoin at 2,000 so uh I think sometimes it's just You got to zoom out a little bit further And when I when I hear say you know why Hasn't it spurred confidence look Ripple's growing I mean we're not we're Not growing in the United States we're Growing outside the United States and so It's because I think there have been Leaders who are progressive and Thoughtful about where the world is Going for a lot of the reasons why Hong And Mike have already articulated the Benefits of blockchain and crypto Technologies so I I I think uh you know I don't look at it and think oh the Market's really suffering I I think sure It's nicer when you know Bitcoin was at 60,000 but uh I I I just think we should
Zoom out a little bit and be like wow This industry has come a long way there Are 10,000 plus people here for token 2049 I'm guessing by the time Dubai Comes around for next year's event like There's going to be more people but you Know I I remain very optimistic about The direction of travel in part because Of the court system and part because Other uh jurisdictions are providing That Clarity and even these are major Economies the UK is totally leaning into Crypto they're they're yes they're Making sure there's consumer protections But uh I mean as Mike just said like the Only country I would not encourage People to start a company in right now Is the US there's probably some others But the US is a big one to call Out uh and I think again you're seeing a Momentum shift I think that it used to Be I think a lot of Judges were like Well well the SEC is always right and uh They you know weren't fighting that I Think you're starting to see that the Tenor change even the coinbase case I'm Sure people are paying attention some of The questions from the judge in the Coinbase case are downright hostile you Know towards the SEC so look the Frustrating thing and I kind of alluded To this yes or earlier uh the SEC has an Unlimited budget you're you're literally Fighting the
Man Sometimes things man you know they can Go and go and go and they keep appealing Appealing appealing but as Hong was Saying you know the judicial process in The United States while sometimes slow Sometimes frustrating it's it's actually Working and uh I I think you have seen To your initial question I think the Tide is turning and I think the the the Road map for how other companies can go After the SEC they're following some of The exact same things Ripple did and Think that's great for the whole Industry absolutely but it's going to be A tumultuous time and and it certainly Is so I don't I I I share BR Brad's Optimism about it's actually a lot Better than you think it's just that the US is right now the third rail of crypto Regulation the one thing maybe I'll say Which I to add a bit of controversy to This I I I still think there is an Underlying uh segment of the crypto World that is so anti-regulation and you Know uh all about anonymity all the in My judgment if we want this industry to Thrive and Achieve I think what it can To fundamentally rewire how Financial Infrastructure works we can't pretend That like government regulation doesn't Matter and I still think you know I Think frankly one of the problems in the United States is you have even within
The Industry infighting right you got these Various uh you know lobbying Organizations in the United States in Washington DC with lots of members from The crypto community and they all don't Agree And so you know if I mean I've been to Capitol Hill I'm sure maybe both of you Have as well you go to a senator or Representative's office and there have Been two other crypto people in there Earlier in the day saying different Things than what I'm saying and it like There's some basic things I feel like we Have to agree if we want that progress We have to agree on some basic things And I think you know I still do find Categories of the crypto Community Fighting some of these basic regulatory Frameworks you know AML is going to Matter YC is going to matter and if you If you're taking the point of view that We're going to circumvent those things That's not the industry I see out five And 10 years from now that really is Thriving and growing uh because I think That just gives fuel to the fire for Politicians who do like to you know just Make noise uh and they don't understand You know what's going on in crypto or What brought down FTX look I the thing I get excited about And I think I imagine there's a lot of
Entrepreneurs out here building in the Cryp crypto space is I don't think about That at a static point in time right We're if you were looking at that just Today and even to your core question That was kind of directed at Hong around Okx if Hong Kong only allows a certain Number of tokens to be traded that's Limiting I would bet that well I I don't Know what Hong thinks what I think is That's a starting point and yes maybe For the next year or two it's a small List and then after that it'll be wider And it won't be just be to seven or Eight million people in Hong Kong it Turns out there's a few more than a Billion in that broader community and Look you're betting on where the the World is going to be I I fundamentally Believe that where crypto is headed Where blockchain is head is for a lot of Macro factors the wind is at our back And you know where we if we just look at Profitability today yeah it's it's a lot Harder to have a profitable business With you know less liquidity today Prices where they are that's harder but If you look at where I think the world Is going to be a little bit further out Uh I you know I'm I'm very excited about What what that looks like call me the Optimists call me naive call me all Those things but I've been more right Than I've been wrong I mean Ripple's in
A very good position so uh I feel good About that bet and we're going to Continue to invest and hire more people And acquire more companies uh because I Believe about where the world is going
