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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 Lift off we have a lifp [Music] Off hey everybody this is the digital Asset investor and let's start it off There's a new promo that shows all the People coming to xrp Las Vegas counting Down to xrp Las Vegas 2024 May 3rd and 4 Join the xrp community an Allstar lineup Of speakers Ripple CTO David Schwarz us Senatorial candidate Attorney John Deon Link to coo Joe endoso haran boring Chamber of digital Commerce Lynette Zang Zang Enterprises the The Honorable Christopher Gian Carlo digital dollar Project legal briefs Jeremy Hogan CEO of Uphold Simon mofin CEO of UST Capital Kevin Maloney and many Others get your tickets now at xrp Las Vegas.com Xrp Las Vegas 2024 be there I like it All right um there's a lot of bricks Talk going on um this is um from Miles Franklin Andy sheckman who's one of my Sponsors by the way the uh if you want To go buy some physical gold the code to That is Dai gold and it's in my Description of this video this guy's Really Smart they Just um talked about issuing a new as They call it bricks Bridge Russia will Promote the topic of improving the Bricks settlement and payment system and
Is ready to test payments in digital Currencies with China the Eurasian Economic Union and the gulf countries Russian Finance Minister Anton sanov Told Sputnik it is proposed creating a Platform that would connect the Financial systems of its participants For example technological gateways for Settlements and digital currencies of Central banks are already in operation And that's like the mbridge project Embridge which was developed between China and I want to say Singapore and And the UAE and they've been using Mbridge recently to to trade back and Forth it is a gateway that allows these Countries to trade their currencies Their their Central Bank digital Currencies um free from the Swift system And it says we propose creating a brics Bridge which based on the brics Institutions would be available to our Countries and would ensure the proper Level of equality and would contribute To the development of trade relations we Are ready to start with countries that Express such a desire perhaps with China A bricks Bridge with our neighbors in the eaeu With the countries of the Persian Gulf The minister added um he says Russian Minister also said that the possibility Of a common unit of account and currency Similar to the euro said that the
Currency could work as an alternative The US dollar can be used to denote some Of the Commodities this unit of account For the bricks member countries not a Single like the EU Euro but an Alterntive alternative to the dollar in Which the cost of commodity deliveries Can be denoted as well as benchmarks for Some Goods so it is not to depend on The Single currency or issuing Center that Issues Bank notes in a no one knows how Manner he said so basically what you're Talking about is all of these currencies Are see everyone fixates on the common Settlement currency and that will happen There will be one and it will be tied to Gold some way or somehow because it is The only other tier one asset and all of These banks are central banks are buying It but what you're Seeing all right this continues right Here but what you're seeing here is all Of the bricks countries will have a Gateway to not use Swift they can trade With one another for oil or for energy Or for rare earth metals or for wheat or For soybeans or whatever the hell it is Like you know Brazil is is the sounds Almost like an internet of value are Just exporter of corn in the world and They're selling their corn and their Soybeans to China for Yuan which is then Immediately convertible into gold on the Shanghai gold that sounds almost like
What The xrp Ledger can do change and They will use these Bridge systems to Trade their currencies whether it be Digital real or digital yuan into um uh Into the commodity or whatever it is That they're buying and then they will Sidestep the Swift system and settle Outside the dollar so all of this Settlement being done outside the dollar Has tremendous impact on the value of The dollar and then instead of buying Treasuries with all of their excess cash As they've done for 50 years they will Buy gold which they've been doing and You can see that treasury Holdings these Countries is falling off a cliff gold Issuance is is going straight to the Moon and they're using the suppression Of the Western Market to do this but Understand that if you go back for 25 Years gold if you take the total gain And divide it by 25 it is average almost 8% per year without the the geopolitical Risk without the sanction or Confiscation risk without the default Risk and when you look at the Performance of the bond market it's been Half of that or less much less and then Of course last year being the most Volatile year for the 10year treasury Ever where in 45 years it was more Volatile than the price of gold but what I own gold I I'm going to continue to Buy gold you can find the links to that
In the description here's another take On the whole bis Central Bank situation What all is going on the bank of International s settlements covered the Last of their bets against a go Rising Gold price look there's only one reason Gold is carving out a higher stair step To Rally from in 2024 every other Global Central Bank Both Western and the entire Global South Have been openly on record as as well as Surreptitiously off record buying Physical gold and this leads to just one Conclusion Global central banks are Recuring physical gold so they can Revalue this gold at close to the market Price revalue Gold that on the thumbnail that would be Gold Revaluation have we been talking about This seems like we have when any one of These central banks commences this Process it will trigger every other Central Bank to synchronize and as soon As this happens the FED will have Basically one of two options either they Admit they've sold title to the treasury Gold to M multiple part parties well Clearly that's not an option or they Have going to have to move to revalue This 831 tons of re hypothecated Positions in sing with global central Banks so as to avert what would be a Foreign exchange in barrance bear in
Mind the goal is of Foreign Exchange Cross so it it would create an fx Imbalance which would trigger multiple Repatriation requests from other central Banks requiring their undervalued gold To be returned for jurisdictional Revaluation Purposes wow jurisdictional reevaluation All right reevaluation watch this one You don't need a Reser currency to store Money there's a million things you you Can store it in a basket you can store You I can sell you something in Zimbabwe Dollars a microsc later convert them to Japanese Yen so you don't need this big Pile of dollars everywhere and and People are talking about the bricks and How oh that'll be a stupid currency That'll never get Le the bricks is the Bricks is not about a currency I don't Think the people talk about the bricks And currency have it right the bricks is About a fundamental shift in alliances In the world you've got 20 countries Including Arabs saying we're going to go With Russia and China you take the fundamental you're You're watching them and saying they Mean Business well not just that they're 20 Countries saying we're not aligning with The United States Now we're aligning with Russia China right India yeah this is a
Revolt oh I like that thanks for the Thumbnail This is a revolt and it's not just a Revolt going on with with the uh bricks Folks this is a cultural Revolt it's Going on in the United States like an Awakening the guys that did the xrp Unleash documentary touched on this they Said that in doing the documentary they Realized they tracked Back um why a lot of the people found Their way to crypto and it's because of Several Different things in people's lives like The financial Crisis where they saw what the Government was doing bailing their Friends out spending all this money we Don't have and all this stuff and They're F they've had enough and so they Started looking for options xrp to me is The best option all right here's what uh Some of the guests on Bloomberg are Saying about C the current state of the Crypto Market the trading has been you Know by all terms historic we've gotten The very froy frothy levels I do still Think despite you know the suggestions That there could be a bare case it's Difficult to really pone in on that bare Case when the facts I think are so Blaringly obviously in favor of a bush Case net new buyers Drive uh more Adoption and and Market cycles and I
Think the question to ask is who are the Net new buyers in this cycle and the net New buyers is the Global Financial System what we're seeing is these green Shoots of demand are emerging a lot of Retail coming in the trades are on the Smaller side and I think we're really Yet to see what this untapped demand Will look like once these ETFs are Offered on more platforms I wouldn't be Surprised to see some correction and Some consolidation but I'm very loathed To pick a Bitcoin High because I really Do believe this is price Discovery it's Competing against the S&P index it's Competing against Real Estate A1 Trillion doll Plus asset class as a Store of value so we believe capital is Going to keep flowing from those asset Classes into Bitcoin because Bitcoin is Technically Superior to those asset Classes okay look at this Anthony Scaramucci says he's all in on Deon for Senate against Senator Warren and plans To host a fundraiser for him in New York City that could be huge I thought Scaramucci was one of the one of them so Um I'm going to try this and see how Everybody likes it you know we know that Elizabeth Warren is a liar they call her Pocahontas for a reason and I thought Well anytime she's talking it would be Nice if um if I'm not getting a Copyright hit it would be nice to put
Her uh the music of her Heritage she Said she's a a uh an American Indian um And so I figured we could put some Native music over the top when she Talks system pretty much everybody Follows the same set of rules I'm Talking Banks and credit unions and Credit card companies uh gold Traders And stock Brokers uh private Equity now Has to follow the rules precious metal Dealers vinmo Western Union but not crypto my view of the World is same kind of activity same kind Of risk should have the same regulation Har and she told me she just wants to Level the playing field would this Legislation do that where do we even Start here I mean Senator Ward is Literally the queen of political theater What is she even talking about same risk Same regulation of course we agree with That and that's exactly what we Currently have Senator Elizabeth Warren Has misled the US Congress and many of The American people through the way she Is communicating how cryptocurrency is Regulated today as you know she has a Bill that we're calling an effective ban On cryptocurrency 19 members of the Senate are currently sponsoring that Bill we've met with all 19 of those Offices and many of those offices were Shocked to learn that cryptocurrency Businesses are regulated as money
Service businesses the exact same way That remittance providers like your Vinmo and Bunny Graham and PayPal how Are companies are where you go to buy And sell cryptocurrencies these are at Exchanges uh you can now buy Cryptocurrency through PayPal and the Cash app all of these companies where You do the exchanging so to buy and sell Cryptocurrency or anything else they're Regulated as money service businesses They are registered with finson under The US Treasury and they are subjected To the bank secrecy act there is not a Gap that is just Misinformation and shame on for doing That she does know the difference this Is a political attack on bitcoin and on Cryptocurrency and we must hold our Elected officials accountable I like it Now um this is causing a stir you know Just about everything we talk about Whether it's R3 or palow or anything Else we're not supposed this we're not We're the crypto police does not allow You to talk positive or try to connect That to The xrp Ledger anything like This you're not you're really anything Positive actually about Xrp could potentially be something they Come after you for because the line is Supposed to be negative you're supposed To be negative on Ripple and xrp and if You aren't watch
Out well unfortunately this channel is Positive because we know what we hold Here apparently the IMF news this is um In recent paper by IM IM Uh titled rise of digital money Implications for Pacific island Countries Pal's partnership with ripple To create a sovereign stable coin was Highlighted they also provided Recommendations for Pala which Included I won't go through all that but This down here is interesting apparently The IMF states that the Pala Sovereign Stable coins are based on the R3 Xrp Blockchain there's a plan to issue Sovereign stable coins by late 2022 Based on R3 and XR R3 xrp Blockchain I like the sound of that Don't know about You okay in uh Dai xrp.com the private Group well here's what we're going to Talk about we're going to talk about the Crypto adoption cycle and where we are In the crypto adoption cycle and just What kind of opportunity we're sitting Right here in the middle of I'm the Digital asset investor I'm not an Investment advisor this is for Entertainment purposes only Please Subscribe hit the like button tell your Friends and family here we [Music] Go
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