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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 running a Little late today but I do want to go Over something for you this Ripple Stable Coin News linked to how my Sponsor has Ripple equity on the Platform okay and I want you to Understand some of the things that I Don't know if they've been talked about Or not but one of the things about this Stable Coin News is first of all it's Entry into a large and expanding stable Coin Market of course the it's it's like A creation of a new product and a new Revenue stream most importantly for Ripple enhance liquidity to make xrp Ledger easier to integrate with other Chains and then uh increasing the market Penetration for ripple payments and then It's a new asset that xrpl developers Can direct towards building new products And addressing new use cases as well so This is a huge thing and I can't be Happier being a ripple private Equity Owner myself in full full disclosure Which I am uh but they do I just wanted To remind everybody that they do have Some Ripple private equity on the Platform just so you know now these guys From uh I love these guys from Black Swan capital and this is a clip about The stable coin I wanted you to hear
These guys are good look at the concept Of a stable coin by definition what is a Stable coin and a stable coin is really Just a digital asset that designed to What maintain a stable value by pegging It to another asset class typically what We've seen is fiat currency like the US Dollar but by definition it even Mentions gold it does say that in the Definition so you could go check that Out for yourself and the reason why is Because stability is absolutely crucial Within the cryptocurrency space I think The concerns many of us have had in the Stable coin Market is really the fact That it's tied to Fiat currencies and Why is this a problem because Fiat Currencies typically have a lot of Volatility associated with Fiat Currencies themselves and many reasons For this you know especially in today's Economic climate where currencies like The US dollar are facing significant Pressures and that is because of all the Geopolitical tensions all the Disruptions we see in the markets and You know this is going to eventually Backfire and it can backfire which would Obviously obliterate the entire crypto Market and this is why we're always Talking about tether because it makes The perfect example for a discussion Because tether is backed by right a Fiat It's a Fiat back stable coin by the
Dollar and that's why we say it's a Ticking time Bond because of its Reliance on the stability of the US Dollar and if you look at many of the Factors out there the dollar is under a Lot of pressure the question then Becomes like how do you fix this how do You address all these concerns right of Stability if you actually do your Research and this is what we've been Talking about you're going to see that Institutions worldwide are exploring Stable coins but pegged to Alternative Asset classes like gold first I love Some of the comments here someone says That has to be shaken right now there's The need for a stable coin that is Multi-chain period what Ripple has come With is a solution because they also Integrating it with ethereum that in the Moment is where most of the f is sitting At so we have a stable that it can move From one chain to the other interchain So basically Ripple has come with this Solution we have been speaking here on The show for a long long time the stable Coins are going to be the next Hot Topic In crypto you don't need a crystal ball Just have to put together statistics Some numbers especially we're talking Here about t which in my opinion is the Atomic bomb that at some point has to Actually Explode are supposed to be backed by
Something tangible hence one of the Possibili to be backed by gold another Possibility is to be backed by dollars For example but in the case of T not Only is not backed by anything tangible Thanks for the thumbnail crypto Adam Bomb that's from Ido finina I think is His name precious metals but also is not Fully backed by USD so that's for me the First indicator that Teter is set to be Replaced and I don't think it's a Coincidence that Ripple is coming with a Solution is coming with a stable coin Before everything actually unfolds and In the earliest days of Teter whoever is In crypto since 2018 2017 in the Beginning T us it to advertise itself as An alternative to xrp I used to think That Ripple would be something as big as The Amazon now I started to understand That Ripple is supposed to be much Larger than Amazon R is Actually World Bank organization R so much that's now becoming a head of The financial system well real quick Also I think it's important to address One of the comments in there people said What about xrp well if you do your Research on The xrp Ledger uh so I don't Really like to quote David Schwarz Because he's had many conflicting Statements in the past said things then Kind of turns his back on them but one Thing he did say you know the devils in
The detail is that they have the Federated side chains and that is really The Innovation that's intended for Developers who are building all these Products and these uh Technologies to Customize The xrp Ledger to meet the Criteria of the need for that use case Or to build for instance an experiment With new features for that so it doesn't Replace xrp the fact that again I Personally thought that it was going to Be the digital counterpart for xrp but Again we're learning something new every Day right so there's a lot of cloud Still I think even me personally I'm Learning more every day so I don't have All the answers but the Federated side Chains are going to play a very Important role in again okay great clip From these guys now check this out xrp Added back to grayscale digital large Cap Fund this is huge um then we've got The the typical fud that we knew would Would come out after the announcement of This stable coin this is from coindesk Who should be called Bitcoin desk does Ripple stable coin mean the death of xrp And it's an opinion piece by this guy I Haven't even looked into him but I don't Really need to know about him to we Already know that 99% of this industry Are shills for Bitcoin and ethereum Brad Garlinghouse did respond to put it Mildly it's embarrassing for coindesk
It's embarrassing for the industry but As this guy that wrote it points out no This is the guy that wrote a uh this Arter guy he wrote a response to it Points out these are the kinds of people A deputy editor holding the whole Industry back childish Antics Masquerading under what should be a Credible brand that leads coverage of The crypto industry in other words Bought and paid for and then this arter Guy has a whole thread on this that you Can go check out he's k i j a k Lov now Uh and if you hear us if you hear a sink In the background that's because my wife Is at the sink you know it's okay you Can keep doing it uh there my audience Is used to blowers they're used to um no Not that okay my 11-year-old's in here Too and he's a problem sometimes um he's The one making farting sounds with his Hand and he thinks that's hilarious um Okay so what I want to show you next is The yesterday they did and I want to Give all the credit in the world to xrp Mckl if you don't follow this guy I do Follow him and I don't understand my my Ex PL the ex keeps on I don't know if It's in it's unfollowing me from these People or if it's just showing this way When I actually do follow them but Anyway he goes by mckl at xrp mckl and This guy is a really sharp dude I like He's like those uh Black Swan capitalist
Guys very smart young guy Now he h man it m it makes me want to Vomit listening listening to these People who I know are are smarter than This and they know exactly what they're Trying to do to misdirect people they've Been doing it since 2013 when I got into This now and I and I want to just let You see everybody that you're seeing in Here this is this is the thing run by Mario noall I think he's a little more Neutral but you have to understand the Same people who intentionally ignored Eth gate as we uncovered it are the People I'm about to show you it's the Same people who intentionally in 2018 Went out and bragged about how they were Shorting or helped interview people who Were bragging about shorting xrp right Here is ran nuner you remember him he's The one that interviewed T Jane and set Him up like a like a basketball alley so That he could bash Ripple he's been Bashing Ripple and xrp ever since Inception okay then you've got this guy Right here I'll show you in a minute but I wanted you to hear they're they're Trying their best to try to make a make The St xrp stable Quinn into a bad thing I want you to hear a little bit of it You need to understand who these guys Are okay here's one of them the other One DJ Jer J I would love he I would Love hear this is The Wolf of all
Streets now I think he's not a totally Bad guy but he's one of those guys That's fully aware of eth gate and Intentionally ignor it make no he knows All about it but I think that his if He's guilty of anything he's he's more About talking his book and ignoring all The things that go against his book Because he was he's been laughing the Whole time I think he he's so excited About the News yeah I think it's very Opportunistic this guy wait let's go Back I want you to see this guy right Here his name is Alex I would love Alex Take because he was he's been laughing The whole time I think he he's so Excited Now this is the guy look where he works Head of research at Galaxy digital yes He works well I don't know what that is Um he work he's the head of firmwide Research for Galaxy digital in other Words he works for Mike novogratz I Think it's very opportunistic it is a Combination of seizing on a positive Narrative for a company and a ledger With very low activity there are not Hundreds of Institutions interested in I Can promise you that um But hot area um the Ripple leadership Has been involved in a group in Washington aggressively arguing to crack Down on Tether so this is political and
It's it's about driving interest to xrp Okay we don't need to listen to any more Of his BS what we do want to listen to Is mckl who drop kcks these guys he just Disprove so simply I mean first of all He doesn't didn't know xrp is gas for The network right so the fact that the Xrp Ledger has been around for 10 plus Years and xrp is a core utility of that Ledger I mean I mean let's just not sit Here and make stuff up right xrp has Core utility in maintaining the health Of The xrp Ledger which has been up and Running for 10 years so one there second Core Utility hold hold onon let me S I didn't I'm not trying to arue I'm just saying I Just appreciate I did not actually know That because I'm not engaged okay now I Want you toar hear this other part I was When when ml was taking these guys let Me see if I can pull it up directly when Ml was taking these guys to task I was Literally about to take a shower Yesterday and I was laughing and Cheering this guy on as he was doing it And and because these these same group Of jokers here folks you got to Understand something this same group of Jokers will will come on their show and Talk to you about cartoon monkeys and Dog coins and Shea enu coins and all This BS that they know is BS because They're
Pumping they're pumping coins and and Their VC buddies are a part of the same Stuff and they have been since ethereum Was founded and they all saw that they Had a honey pot they've been doing this Over and over and over and just think About this with everything you know About Ripple and about xrp and the People around It and these guys Are telling you to go buy car these guys Are the same guys ran Nunar these are these are people that Were pumping Luna when it was Fashionable to do so they totally get Things like Luna they totally get things Like cartoon monkeys they're all in on This Stuff you can't see through this it's Obvious what these guys are up to but The second that xrp's brought up oh they Just we can't figure this out it is the Most shameful thing I'm 50 years old Folks it is disgusting listening and Watching to how 90 almost 95 to 99% of This industry has been co-opted by these Clowns unless they're directly Interacting with xrp as liquidity in Their products this product has grown 100% year overy year since its Inception And is now doing billions of dollars in Volume every single year via xrp as Liquidity token so to sit here and say Right that it's not being used right xrp
Has no utility I mean it's just very Obvious looking at some simple stats That that core argument is completely Incorrect right so it's just important That we establish the basis here a lot Of times we come on these cryptocurrency Shows right and the main discussion Is MeMe coins and these projects that are Going to go to zero and have absolutely Zero and they know they're going to go To zero that's the thing that makes me Sick but this is the part where when he Said that about meme coins he telling He's basically throwing it right in Their face you you're the same guys that Are that are promoting all this garbage That you know is eventually going to go To zero and you're trying to distract Them away from the one thing that has Real sharp people around it and has Since Inception and you're trying to Distract them away from that so that you Can continue on all these pump and dump Crap fests it's shameful and and look Here's one of them salana all those same People fell in line the second that they Knew and this is why I make no mistake The second they knew that eth gate had Been exposed and the gig was up what did They all do they transitioned to the Pump of salana and this is a network and I'm not saying salana doesn't have some Serious people around it I'm just saying Where are these guys these guys will
Tell you everything they can think of That they think is wrong with xrp Whether they believe it or not do you Ever hear any of them talk about how Many times that salana has gone down no Because that doesn't go along with the Pump Narrative of what they're trying to Do and that's what's so shameful about These people Mike noats tells you all About what they're really up to right Here that's important because you're Going to have N9 10 maybe you know firms Trying to you know build ETF products That's 910 sales forces 910 sales forces He's talking about pump forces out and Telling the Bitcoin story and after that They'll tell the ethereum story and Probably the salana story and so we're Going to bring institutional Capital Into a space which has been dominated by Retail that's okay um I want to uh I Wanted to show you this against the Backdrop of those guys running their Mouths about how awful Ripple and xrp Are the digital Euro Association Apparently thinks the launch of that Stable coin is important but all these Guys talking cartoon monkeys they just Don't seem to get it do they now in uh In dip.com we're going to talk about We're going to go into my all the worlds Of stage file I'm going to show you Something and I'm not say it's not me Saying it's somebody else saying I'm
Just going to show you what it is I'm The digital asset investor I'm not an Investment advisor this is for Entertainment purposes only Please Subscribe hit the like button and tell Your friends and family if you if you Want to see what I've been hearing Whispers about for all these years and You want to see kind of that thought Pattern you you can come on into dip.com Here we Go
