Become An Official Member Of The Digital Asset Investor Channel
http://www.daixrp.com
SIGN UP FOR A FREE 7 DAY TRIALGET YOUR .CRYPTO DOMAIN AT UNSTOPPABLE DOMAINS
TRADE CRYPTO ON BINANCE HERE "LOW FEES"
XRP Las Vegas Tickets
https://tinyurl.com/bdf9faxk
XRP Las Vegas Fundraiser Dinner(Chamber Of Digital Commerce)
Guests Of Honor:
Brad Garlinghouse, John Deaton, Michael Arrington, Chris Giancarlo
https://www.futureofdigitalassets.com
Miles Franklin Precious Metals
Use Code: DAIGOLD
[email protected]
952-929-7006
Linqto-Private Investing Made Simple
https://bit.ly/3zSe1aI
Open iTrustCapital Crypto IRA Get $100
https://tinyurl.com/3fzs66mt
Buy, save and spend real gold and US dollars, digitally with Glint.
https://glintpay.com/dai
Digital Asset Investor Email
[email protected]
#xrp #ripple #bitcoin #ethereum #litecoin
#paid #promotion #sponsorships The above links are either affiliate links or paid promotions and deals.
___________________________________________
Disclaimer:
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 [Music] Liftoff hey everybody this is the Digital asset investor and it is going To be cold where I live tonight probably Where a lot of you live I have to go as Soon as I finish this video I've got to Go to the store I got to get some duct Tape I got to get some cardboard might Have to go to the liquor store for that Some cardboard because I got to Cardboard some things I got to wrap pipe So I got to work on some things like This I'm actually holding a measuring Tape right here um all right back to the Real world Brad Garling house is in Davos I got several Clips here on a play Play some of them for you as we started This conversation I am very optimistic About the crypto Market in 2024 uh Because of those things around putting Compliance first I was just thinking if It's this cold here imagine how cold it Is in Davos making sure we focused on Solving real problems for customers and Not just the speculative cycle I think Will'll put the whole industry in a Really good trajectory so you know we Have been cash flow positive the last Couple of years uh you know that has Been a unique place in the market and Allowed us to invest not only the core Of Ripple but also in Acquisitions even
You know recently you may have we've now Repurchased over a billion dollars of Stock from our shareholders uh that's Quite frankly because it is not an Immediate term priority to go public Billion dollar you in the United States Trying to go public with a very hostile Regulator that has to approve your S1 That doesn't sound like a lot of fun to Me you know coinbase obviously had their S1 approved and now the SEC is suing Them for doing things that was outlined In their S1 As I mentioned there's a hearing Tomorrow in the US about some of that But I think it's in folks we have a Government Mafia is what that's what We're talking about now more on that in Dip.com Of uh why would we want to subject Ourselves to an SEC that is openly Hostile to this industry sort of parked To the side at this point yeah or are You looking elsewhere outside the US for A listing I I mean yes to all of those Uh I don't think about an IPO as an exit I think about an IPO is a step in the Journey but honestly a lot of people go Public because they need to raise Capital yeah look's not really they're Going to there there's Ripple shares That are going to be on the link to Platform this week I was told those and Circle shares so I have a gut feeling
That this Ripple IPO thing is going to Come out of nowhere nobody's going to See it coming Brad garlinghouse did say 2024 is going to be big said it this Morning morning so go check out link to It's in the description of my video you Can get you'll be able to get Equity There we need to raise capital and so it It is not a short-term priority we're Obviously keeping that option open uh And we'll evaluate it you know as time Continues and we'll evaluate again as we Have uh new Regulators sitting at the United States SEC and I guess some of it Market dependent as well last year was An interesting uh you know space with The in the tech World more broadly there Were a lot of secondaries BuyBacks but Very few IPOs the market wasn't Obviously very great for him so I guess It's also you know how how the broader Markets play out as well for sure that's Part of it and not just the public Markets but also the crypto markets and You know I think uh coinbase is stock is In a much stronger position now than it Was a year ago but uh obviously well off Its highs from three years ago when it Went public so I it's just not a huge Priority we have a lot of capital very Strong balance sheet we can continue to Play offense through an acquisition Point of view invest in the business you Know as we started this conversation I
Am very optimistic about the crypto Market in 2024 oh I like the Optimism um okay there's several other CPS he was on the stage with h Caroline Fam who this is a good reminder that she Was in ripples offices not too long ago Here's another good clip there may be a Little bit of overlap but I don't think So Jud torres's opinion what she wrote Is xrp is in of itself not a security so I feel very good about that the SEC then Asked for approval to appeal that Decision and that was denied so I mean Look the SEC has lost consistently in This case uh there is a piece of the Case that continues around institutional Sales because investment contracts where Ripple sold xrp to in institutions who Wanted to speculate the irony there is You know again the sec's one of their Missions is to protect Investors how many of our institutional Xrp sales did they lose Money None like what are we arguing about what Are we anyway say round of apps for Brad Ging CEO judge torres's opinion what she Wrote is xrp is all right and then we Got this one check this out so Brad are Payments still the best use case for Crypto assets and technology that under Grids it and what payments can lead to
In terms of other use cases well for me I mean Ripple started with payments uh Actually when I joined the company nine Years ago there were three different Groups within the company working on an Identity solution a payment solution uh And I'm forgetting the third one right Now because that's was a long time ago But we really is like hey let's focus on One where there's a clear it's solving a Real problem and look while we've had a Dent uh maybe we've made a scratch in That market it is a massive market and I'm sure many people by virtue of Sitting in this room in Switzerland Today have had the experience of sending Money overseas it is still high friction High error rate it's slow it's expensive And you know that's the opportunity to Use these Technologies to actually make It much simpler much faster without Sacrificing some of the core principles Around kyc or AML or what have you so I Think the payments opportunity remains Very large uh it will continue to make Progress when I say that I mean both Ripple and the industry at large there's Other people approaching in different You know some are going after consumer Based Solutions Ripple's very much focused on the Enterprise uh and the infrastructure Around that there are I think going to Be other use cases that are profound uh
You know I think the fact that there's Now an ETF approved in the United States With major institutions like Black Rock Leaning in is uh further validation but I think we need to make sure that we're Focused on utility uh some of the things I'm sure that people in this room have Heard talked about you know tokenization Of real world assets and democratizing Access to the participation in those Markets I think is very real uh whether That's commercial real estates uh you Know some are working on identity based Solutions and even you know voting based Solutions I'm certainly not an expert on Those things but I I think the Blockchainbased solutions are are here To stay and uh I think in the coming Years you'll see more and more real World use cases G there you go he's he's Uh mentioned utility isn't isn't that What Monica long said is that this year Would be year where where we would go From these speculative runs to more like Utility makes you wonder then here's Another oneing that it has been slow and Painful and I think look I think with an Election coming in the United States uh There will be some changes that happen I Don't I think the current chair of the SEC I think has been exercising a Political agenda not a good policy Agenda and uh I think that will shift uh Just a question of when and how uh so
We'll see what happened all right let me See what else we got then there was this One this is about the xrp ETF listen to What he says there were a couple of Interesting things after that Bitcoin ETF was approved in that statement one And I paraphrase here was effectively G Gary gester saying just because we Allowed the Bitcoin ETF don't think We're now going to allow a bunch of Other crypto assets the second Interesting thing was the price of ether Skyrocketed immediately after on hopes That they could now next be an e ETF um What are the chances of that I think It's a certainty I there'll be I I I I'm Not going to put a horizon of the time But I think there will be other ETFs for Sure an xrp one there will be other ETFs For sure wait so now we have Larry Thinkink and Brad garlinghouse who can't Talk about an xrp ETF but but an Exile I love this game we play look uh I Am Very the sad part of that reality is we Have a Bitcoin ETF only because a US Court said to the SEC you're being Arbitrary and capricious in your apply Of your applic application of the law What would be sad is if every ETF had to Go through that same journey and for Gary gendler to get smacked down by the US court system Again that might be might necessary do
You remember when CRA DT I remember Showing a video on this channel Craig Dwit who used to be with ripple when he Said that he thought that bit only Bitcoin and xrp would have Clarity do You realize folks that Bitcoin you know You can call it Clarity it's not legal Clarity xrp is really the only one with Legal Clarity what if xrp and Bitcoin Were the only two ETFs approved this Year and got to stay that way until all These others went through lawsuits and At some point I think Gary gendler won't Be the chair of the SEC and that would Be a good thing for here's why that Thought went through my mind as Brad Garlinghouse just made the comment he Said now look he said Bitcoin is only Got the ETF because of a lawsuit was Because of the grayscale lawsuit where They said that the SEC did not have a Faithful allegiance to the law well Guess which other lawsuit the judge said The same thing you know that xrp lawsuit Where xrp got regulatory Clarity the Only legal regulatory Clarity and they said the judge said That the SEC did not have a faithful Allegiance to the Law how could the SEC not let someone Who applied for an xrp ETF get one Because there's a CA there is a court Case just like there was in the Bitcoin Thing but there's not a court case in
Anything Else I'm going to skip over a a couple Of these things I want to show you this This this was interesting to me I want You to think about who has not had Lawsuits folks we literally have we we Face what I call a government Mafia now Is what what we're looking At who here's who hasn't been sued Tether Ethereum Bitcoin e FTX none of those were s FTX Was not sued until after the exposure of The fraud then they then the SEC went After they worked with them until Then almost like a fraud was uncovered That they already knew about you got my Drift well this is suspect as hell right Here I've never understood why tether Has been left to just go Okay it it tells me that it is a Government project Period Um over what look at this guy over what They don't serve us clients that doesn't Stop the SEC that doesn't mean that Doesn't stop the SEC Ever um so here's um why hasn't the SEC Sued tethers the question I'm asking Listen to this guy this is caner Fitzgerald well and we should talk a Little bit about crypto too before we Finish oh well let's squeeze it in what Would you like to say so remember when
Gold ETF started they were very exciting At ' 04 and it kind of stayed steady There was all this hype that everyone's Going to buy gold and oh come on so I Think Bitcoin ran up it's kind of kind Of stay steady but when the having comes It's going to start to rally and grow so Bitcoin I think will grow and there's a Company that I like called tether it's a It's a stable coin and you know I manage Uh many many of their assets and the Tether Holdings is the name of the group And the group I want to say here with You from what we've seen and we did a Lot of work they have the money they say They had in the last testation they said They had 86 billion of assets and 83 Billion of liabilities and I've seen a Whole lot and the firm has seen a whole Lot and they have the money and so There's always been a lot of talk do They have it or not so I'm with you guys Saying uh we SE and they have it so spot Bitcoin ETF do you think that's going to Restore confidence to the whole sector What we've seen take place in the last 12 months no that doesn't have anything That's just this thing has been allowed To go for a reason why are Americans and I got something for Nick Carter uh I'm Going to drop a video right there for Him I've got a video of Valerie chapen From the SEC saying very clearly that if Anything even touches the United States
In this whole crypto if it even hasn't Touches the United States the SEC can Sue and claim jurisdiction so this this Guy needs to W get a wake up called do Do a little research they can sue Ethereum or tether or anything else That's ever touch you telling me tether Hasn't touched us customers ah Please um all right now we're going to Go into da xrp.com And uh what we're going to talk about in There I'm going to I'm going to show you Some more of a Video this is a government Mafia that's What we're talking about government Mafia that's exactly what we're talking About 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 government [Music] Mafia [Music]
