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Hello this is Matt on the moon Lambo Channel a major investment fund has Placed xrp on the top shelf RW grandma Keeps the peanut butter here's the Headline from you today Ripple's win Elevates xrp with Hong Kong's top crypto Index inclusion so I'll give you all the Specifics and also I got to tell you You're right at the outside of the video You should expect more of this more and More institutional money flowing into Xrp now that it is legal Clarity we Talked about it for the roughly 2 and a Half years that uh you know there a Question Mark and a Ry Cloud hanging Over xrp but now that xrp has legal Clarity what we were speculating would Be would be the case in terms of money Flowing in that is exactly what we've Seen and I think there's just going to Be an absolute torrent of money flowing Into it uh in particular as things heat Up as we get closer to the Euphoria Stages of the uh of the market cycle Which is the most fun part there's also This headline from you today uh Ripple CTO David Schwarz shares timeline for Tokenization on xrp Ledger and then I'll Wrap up the video with this one from Wall Street Journal uh this article is Titled what is Gary guinsler hiding and Um I'm not going to read the whole Article I'm just going to give you a a Synopsis of it um and and a big part of
The reason I wanted to cover this Actually is because attorney Deon had Some scathing words in a direct response To what's covered in this article which I always just enjoy I don't know about You guys but I definitely enjoy before I Going further though I do want to be Clear I do not have a financial Background of any kind I am not offering Financial advice and you definitely Should not buy or sell anything because Of anything I say or right I'm just an Enthusiast who enjoy making YouTube Videos about crypto related topics but Just as a hobby and just for fun damn it And if you don't like it well you can Just get out so again the headline in This first story Ripple's win elevates Xrp with Hong Kong's top crypto index Inclusion Hong Kong virtual asset Consortium which is HK vac for short has Thrust xrp Into the Spotlight by Welcoming it into into the exclusive Fold of its virtual asset index the Announcement came as a watershed moment For the cryptocurrency as it secured a 6.94% share in the HK vac cryptocurrency Global large top five index and equal Weight Index this inclusion propels xrp Into the league of esteemed digital Currencies with only Bitcoin ethereum And tether boasting larger shares each Standing at 15% exactly so that's why I Said at the outside outside of the video
This is a major fund it's a major Investment fund and they have placed xrp On the top shelf right where grandma Keeps the peanut butter also next to the Bitcoin and the eth but this is where Xrp should be look we all know that Before the SEC nonsense started xrp was Always jockeying for that number two Spot in terms of market cap and it did Uh OU eth for that spot on at least Three separate occasions that I can Recall and so admittedly yes E's mostly Held the number two spot but xrp's been At least to that point certainly was Giving it a run for its money and I Think it still would be today but not For the SEC nonsense we just had to Endure but still xrp is being placed Back where it should be in the first Damn place the top shelf right where Grandma keeps that peanut butter next to The Bitcoin and the eth also it xrp Absolutely should be in that leag it is It is you know whether you're talking About from a technological perspective What's happening with develop developer Activity Actual support from actual speculators Which has to be a major factor in all This obviously that's a major major Factor in all this and it's just nice to See it back where we knew that it Belonged to be at the top at the top of Considerations and the point that I
Broadly wanted to make is kind of what I Was getting at at the beginning part of The video expect more and more and more Of this from additional funds index Funds are going to be including it uh More money's going to flow in and good Because you know what we there is no Other their crypto community in the World that has had to put up with more Crap than xrp holders and I I don't say To be uh just as oh well as me um but It's true I think that that's you know It's it's a subjectively fair Statement uh I mean think about all the Nonsense we've even from the beginning Like even in the earliest of days maybe A lot of you know this I'm not sure for People who are newer to the community May not be aware of this but xrp was Under attack from Bitcoin Maxis from Basically day one there were literally Uh Bitcoin maximalists that were paying People to state that xrp itself was a Scam and pain um I can't remember what The amount was at the time but it came Out to I think it was hundreds of Dollars I'd actually check that with the The the monetary part with a grain of Salt because I can't remember exactly Was but it was substantial enough that People were they got they recruited People with funds to say lies about xrp You can Google and you can find what I'm Talking about here so this would have
Been back in I guess 2013 2014 era Around there um but it was I mean xrp's Always been under attack so from that From the world of crypto all the Bitcoin Maxi trolls down to the SEC and Everything in between we've dealt with It all and we're still here and finally Xrp is getting some of the attention That it deserves and it makes sense you Know the fact that xrp wasn't there Before wasn't because of free market Forces it was because of the SEC so check this out the piece Continues the move by HK vac is not Arbitrary stringent criteria govern the Selection process virtual assets must Maintain a median market capitalization Of at least $10 million over the Preceding 3 months and sustain a median Daily traded value of no less than $100,000 during the same period so why Now xrp's meteoric rise in the HK vac Index may find its roots in the recent Legal Victory against the SEC oh no is That what I was Color Me surprised it's Only what all of us in the xrp community Have been saying would happen for over Two and a half freaking years and this Is this was the inevitable conclusion That this would happen and then they State the following and a landmark Decision the sec's case against Ripple Concluded affirming xrp's non-security Status this clarification provided
Pivotal uh pivotal establishing approved Pivotal rather uh establishing xrp as a Reliable investment choice and winning The confidence of the global crypto Community you got to love this stuff and That's not all there's additional Adoption here so here's this headline Now from you today Ripple CTO David Schwarz shares timeline for tokenization On xrp Ledger now as you know The xrp Ledger has the world's first builtin Decentralized Exchange and you know we've been talking About this as a community for a long Time I certainly have on my channel I've Been running my channel and December It'll be actually five years coming up On my 5ye anniversary almost There ah man time flies when you're Having a good time or just when the SEC Sues the hell out of you but anyway I Mean I know there wasn't be directly but They might as well have right they might As well have directly attacked all of us They might as well slapped every single One of our names in that lawsuit against RB but anyway um as as far as uh as far As uh what the hell oh right yeah so as Far as the Tokenization um you know this is an idea That we've been talking about with the Community for a long time and I've Covered my channel it's it's just it's Very obvious that we are going towards
An increasingly liquid world where you Can get in and out of positions for Things very quickly and what's making That super duper easy a gigantic part of It is just the tokenization of assets I Mean let's be real it's silly that there Are there are stocks that you can't Trade 247 365 you look at crypto and You're just used to being able to buy And sell it on the weekends this and That and then uh don't only during Regular business hours can you do that With the New York Stock Exchange Zone And so forth which is absurd like that's Just that concept is archaic at this Point but it's easy if you just have Everything tokenized on a blockchain you Don't need the middleman to process Stuff uh you don't need need as much Oversight you just have to trust the Code if you know the code Works you're Pretty much good to go um and so we Always knew that we were heading towards This world but the question is where do You tokenize this stuff and there there Are a lot of entities that are tackling This problem so it's not that xrp ledger Is going to get um all of the market Share or necessarily even a majority of Of the market share for this type of Stuff although although it could um I Think what's most probable it's it's Going to get a chunk uh there will be Some entities that for various reasons
Regulatory or not may want something That more centralized but there will be All sorts of businesses I think Especially as time passes that will be Very open to decentralized Blockchains like The xrp Ledger and then You're going to have tokenized Everything Ultimately and and also by the way even Outside from that you're not going to Have a trading pair for everything on on Every single trading platform that Exists so you're going to need to bridge Stuff and you know what's really good at Bridging stuff is xrp on top of that and So if you're it's already very liquid Obviously and so you've got that built Into the XR X RP ledger so if this stuff Is happening on The xrp Ledger because It's a built-in decentralized exchange It all just comes together there helping Ensure the long-term viability of Xrp anyway this piece reads as follows Though xrp Ledger one of the oldest Blockchains and the native platform on The xrp cryptocurrency is a perfect Technical basis for tokenized real world Assets Ripple CTO indicated its benefits And shared his Estimations of the first real world Assets or r wa for short projects to go Live on The xrp Ledger main net real World asset tokenization projects might Launch on The xrp Ledger in the next
Year or a year and a half now so there Was a clip where he stated this and I Just only need to briefly touch on this He did state that um now it is the case That things have been tokenized on The Xrp Ledger since its Inception I mean Even back in 2015 there was a firm that Was uh to they had tokenized gold Actually so gold was represented on in 2015 on The xrp Ledger so I think what He was really more so talking about is Increased adoption the because we're at This point where it's it's I mean it's Pretty well understood even you know Even in the corners of you know Legacy Finance where we haven't seen enough Delving you know jumping jumping into Crypto to any degree I think it's Understood the writing's kind of the Wall at least as far as that stuff is Concerned tokenization this so I think What he more so the way that he worded It when I listened to it it just it Sounded to me like what he was trying to Get across is is that yes this is going To happen The xrp Ledger is a perfect Place to have this tokenization which is Great for xrp because xrp is required For every single transaction of every Tokenized asset that exists which is Just going to help to ensure the Long-term viability of The xrp Ledger uh But but it's great for it and he's just I think what he's saying more so is to
Watch for an increase in that type of Stuff because it's been happening since Inception it's just that there are way More users now and you're going to see Substantial uptick especially as crypto Gets hot again and um and so to me that Makes all the sense in the world you Know and the fact that the xrp Ledger Has existed over a decade will make it Appealing for entities that want to Tokenize you know they will have Confidence that The xrp Ledger likely Isn't going away anytime soon if ever You know they wouldn't want to tokenize Anything on a platform that hasn't been Battle tested right and and frankly like I said a second ago further tokenization Will help ensure the long-term viability Of The xrp Ledger as long as and as long As xrp is is useful for just one thing It's not going way but xrp is actually Useful for a lot of things so we're very Fortunate here in the xrp community Because in a mature asset class utility Matters and will win the day that's what I firmly Believe um and it's also true again like I said though there will be some Entities that want to use centralized Platforms for various reasons and maybe That's just for for some time and then Markets figure stuff out and maybe that Goes the way of the doto maybe Everything ends up on decentralized
Blockchains it I I don't know for sure But there's going to be a place for Assets to be a token a desire for them To be tokenized on decentralized Blockchains like The xrp Ledger so we'll See what to what degree there's market Share but it just makes sense and it's Fast and it's practically Free there's so much going for xrp in The xrp Ledger Here um now let's talk about something That really grinds my gears freaking Kim Jong guinsler here's the headline from Wall Street Journal what is Gary ginzler Hiding here you go the little subheading The SEC protects a security breach from Public view so this is an article from Just the other day um I don't want to Read the whole thing it's not that long But it's really not necessary to get the Idea across and I want to share with you What Attorney John Deon had to say about This but there's attorney Gabriel Shapiro uh who is pretty well known at This point I'd say within the world of Crypto at large here sharing his Perspective on a whole bunch of things Including uh the Ripple lawsuit I didn't Agree with him on everything but I think That he was being intellectually honest So that's all that I ask for of people Just be intellectually honest and it Doesn't matter if I agree with you or Disagree with you um you know that's not
The standard by which I judge people's Character or whether or not I like them You know um but I I think that he was Wrong on some stuff but right on a bunch Of stuff too but anyway uh he he kind of Did a little breakdown of what this is And so he wrote scathing expose of Guinsler sec in the Wall Street Journal Today uh April 2022 SEC had an internal Data breach and then he shared this Little screen grab which reads as Follows the sec's behavior so from the Article the sec's behavior underscores Its lack of public account Ability the SEC recently finalized a Rule to D private companies that don't Disclose cyber security hacks within 4 Days but the agency waited more than 6 Months to report its own internal breach If transparency is good for business why Isn't it for Mr guinsler and the secc Well how about that wouldn't you know It uh it's good for thee but not for me As they say so here strict you get Hacked and you don't report oh my God I'm Kim Jong PE and cars PE and cars but on the Flip side something happens to the SEC And these rules don't apply to us Different standards for them right Pretty gross but par for the course when It comes to the disgusting folks over at The SEC and the particularly slimy Kim Jean giner and so Gabriel attorney
Gabriel Shapiro continues and says why Internal because the SEC C enforcement Staff used it to get files of the sec's Own internal Court yes the SEC has an Internal court it's mostly used against Broker dealers um as the Wall Street Journal incisively puts It quote this would be akin to a Prosecutor obtaining access to a judge's Internal memos from a law clerk in quote A major breach of due Process um conducting an investigation Into itself over the matter and um oh Actually is meant to be read as one Since the major breach of due process it Was in two typ post for those you're not Looking that's why I read it weird a Major breach of due process in Conducting an investigation into itself Over the matter uh the SEC bypassed its Own Inspector General and will not Release the third party report it says Clears its staff of wrongdoing yet at The same time the dismissed 42 cases That may have been impacted by the Breach which seems odd if as claimed the Data breach didn't affect any cases Meanwhile under guinsler the SEC has Been angling to become the country's Main cyber security regulator okay so That's enough in a nutshell you got the Gist of it different standards for the SEC compared to everyone else in the Entire damn planet right here's what
Attorney John Deon had to say about this He reposted that thread from attorney Shapiro and said Gary Gensler and the SEC believe they exist and operate with Total impunity because they do for over Two years there has been zero oversight By Congress the Senate Banking Committee Has officially abrogated its Responsibility Senator Elizabeth Warren Literally gave Gary guinsler the Questions she intended to ask at an Upcoming hearing along with suggested Answers and said she didn't want to Place the chairman in a tight spot that Alone disqualifies her from reelection In my opinion how is that over sight in The meantime the financial services Committee is probably drafting its ninth Stern letter threatening to issue a Subpoena why would guinsler not think he Can do whatever he desires spot-on per Usual Attorney John Deon now I am hoping That eventually they actually do issue That subpoena which would be by the way A first in history that's never happened Uh the SEC being issued in a subpoena But it's passed do at this point stop Talking you got you got but you can't Just have the words you have to actually Take action and go against these Pricks They are awful Humans I tell you what Kim JN ginzer he Is not on the top shelf where grandma Keeps a peanut butter I'm not a
Financial adviser you should not buy Sell anything because of anything I say Or right that would be a very very very Bad idea until next time to the Moon Lambo
