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Welcome back to the show everybody check Out these headlines here xrp targeted in A $15 billion hack attack we're going to Get into that Ripple headed to Davos in The world economic Forum while xrp is Praised as a bridge currency ladies and Gentlemen don't forget about the basil 3 Rules we're going to talk about it Central banks and governments here and How about this xrp could it be in a Breakout in 8-week countdown we got that So much more somebody rolled that Beautiful [Music] [Applause] Intro digital perspectives with Brad KES Come on [Applause] In welcome back to the show you can Follow us on Twitter and YouTube for Exclusive content right now it's $ 1.77 Trillion doll market cap for Cryptocurrency the market is up .1% in The last 24 we see Bitcoin 42,600 plus 2500 plus uh for ethereum right now and Tether market cap is 95 billion plus at The number six spot is 57 Cent xrp it's Up 04 on the 24hour and up 2% on the 7day the range of price very quickly Here 57 cents on the bottom 59 on the Top we're closer to the bottom of that Price range we'll keep an eye on it Ladies and gentlemen miles Franklin Precious metals gold silver whatever you
Want physical gold bars physical gold Coins whatever you want they have it and I tell you you're going to be able to Talk to a really nice knowledgeable Staff who knows exactly what you need to Know about buying and owning precious Metals physical gold in your hands this Is a great time to do it and this video Is going to be a great time to Understand why you should consider doing It for yourself because we are Witnessing the greatest Financial Paradigm shift in the history of mankind Now all you have to do is email info@ Mfranklin domcom but in the subject box If you want the best prices in attention You want to put dig gold di gold and Tell them I said to come on in Yeah right here it starts ladies and Gentlemen tether Usdt stable coin has become one of the Most prominent payment methods for money Laundering and scams in Southeast Asia The United Nations warned in a report on Monday not what you want to have said About your project now is it we'll see I Remind everybody that you know we Understand that the Federal Bureau of Investigations the FBI and the Secret Service are now in partnership with the Usdt USD tether keep that in mind don't Forget that one that's a big piece of Information and here's another little Little tidbit the Secret Service was
Originally created as an agency to chase Down Counterfeits of US dollars so there's That now let's listen to this Quick Clip Here from Tony from thinking crypto and James sefor on spot Bitcoin ETFs and Spot xrp ETFs believe he was on Bloomberg uh Steve Stephen mcer a Valkyrie Chief investment officer he Made a statement that look after this Bitcoin spot ETF is approved later down The line we could see an ethereum or xrp ETF do you think that happens sometime Later this year you know given that We're headed into that bull market I Knew this question was coming from you Because I we always talk about this um Look I I I think the so I've been Telling everyone the way I view it is Bitcoin and ethereum are off on a Pedestal on their own for possibly Getting approved this year the only Remote possibility would I guess be xrp But I don't I I think that's not Happening this year because un unless The court case is completely done right There they did there's still um uh uh They're still challenging this in court Right it's not completely done the SEC Is literally fighting against Ripple in Court so and not to mention part of the Reason why I think we'll get ethereum And bit why I think we're getting Bitcoin hopefully that tweet doesn't
Change anything and why I think we're Get ethereum is that we have Futures Already trading in the CME that are Regulated by the cftc which is a Regulated market and then we have the Futures ETFs which also are kind of like Pushing this thing along as well so we Don't have any of that for ripple so Like I would take like way way way under On 2024 maybe 2025 if we get regulatory Calor out of the courts on how xrp or Ripple is going to be handled um but Yeah I I have I think no shot in in 2024 Personally but um I guess crazier things Are happening I haven't to be honest Been paying super close attention to What's going on on that front um but What I've been saying for the most part Part is anything other than Bitcoin or Ethereum we likely need a a little act Of Congress or like a change of Administration or some serious big-time Court decision to get these things Across the line to get any other sort of Asset class or digital asset into a Bitcoin rapper or into an ETF rapper gez I'm sorry no great point and I remember You mentioned that it has usually the Process has been the Futures get Approved first then so that's that's a Great point it is a great point and Shout out to both of those gentlemen for Uh getting together and if I just could I I absolutely love the work that James
Sefort does but if we could just get a Little more clear the difference between Ripple the company and xrp the digital Asset it would be greatly appreciated uh Nevertheless love what James does he's Super smart and glad he's in this space No doubt about it all right let's take a Look at this because this is big right Here and thank goodness it didn't happen Uh half of the circulating supply of xrp Was s to bitfinex well not exactly but Shout out to Ian for letting us know That we alert put that out bitfinex CEO Reveals a failed hacking attempt using The xrp Ledger nearly $15 billion in xrp Was targeted ladies and gentlemen that Means half of the supply essentially in The escrow here is what they were going For it sounds like recently revealed by Paulo orduno and it says uh that there Was an attempt to exploit their system Us using a feature of The xrp Ledger the Hacker's attempt to move nearly $15 Billion in xrp half of the xrp's total Value was noticed however the attempt Was unsuccessful and the actual Transaction was just a few cents of xrp The attempt failed because the sender Didn't have enough money to carry out The transactions the aim was likely to Trick bit finex into thinking the Transfer was real which could lead to a Hack bitfinex is system recognized to Transfer as a partial payment a feature
In The xrp Ledger where payments can be Reduced orduno um mentioned on social Media that the attack tried to you Attack uh tried to use the partial Payments exploit but failed partial Payments are meant to return payments Cheaply but can be misused if a Financial organization thinks to full Amount in a payment field is always Received the organization can be tricked Into losing the money so you know they Didn't do it it didn't happen but they Tried and it's one more I think example Real life example about how The xrp Ledger is built and designed and you Know what I don't find it to be a Mistake and you know I'm not a fan of The Wef but we do have to recognize that the Global Elites participate in the WF and If you want to be relevant in the Current state of the world right now you Need to be a part and recognized and Participate in the wef and ripple is Doing exactly that despite a bare Market Institutional interest in blockchain and Web 3 has accelerated in the past year Particularly among large financial Institutions Banks and asset managers President long said crypto wants inside And I think they're going to get inside Too and that's what we're going to take The conversation to right now Josh Hopperman vice president of Forester
Has praised Xrp as a bridge Currency thus highlighted the Striking Qualities of xrp in this new Financial System now take a look at This it says here products provide Liquidity of crossbo payments by Leveraging xrp to digital asset as a Bridge currency according to Mr asish Bur excuse me for example qualx is a Non-bank financial institution is now Using xrapid you know that this is older Language when they hear here xrapid Right make payments from the US to Mexico quala send uh money and payment In US Dollars and gets converted to xrp You know the drill how all of this works Right uh so that is really being Recognized there now what is Forester so Forester is a consulting firm marketing Agency right so whether they're working With ripple or not in their objectives I Don't know but that is what Josh Hopperman thinks of the asset itself now Maybe maybe Forest there's a part of This Campaign going on in the UK and other Places like Dubai and now in the subway Of Wall Street in New York City and what Is clear to me whether Foresters helping Them or not they certainly recognize What the use of xrp is for and we Certainly see whether Foresters working With them or not who is Ripple
Targeting every financial center of the World The UK Singapore Dubai New York you get It we get It things are changing very Quickly just like this you remember We've Co covered basil 3 multiple times On this channel and all banks failing to Meet basil 3 standards designed to Ensure Integrity of their assets are set To face Closure now could this become the Catalyst for the upcoming Financial System and the global Bridge currency Xrp sound futuristic sound outlandish But is it you know when we look at this We understand that there is a deadline That's looming here from American Media Group they break down the financial Crisis and the call for a Currency Reset now I'm going to get into the rest Of this inside the freedom Zone today And I encourage you to join me because We are going to peel this thing back I'm Going to tell you that right now Currency Reset there's other stuff to go With it we're going to get into It but let's take a look at the last Part of this clip here and we only need Like 30 seconds of it rely on Chief Energy and you when you come it's coming In right now or for reasonable Regulations this is for Basil 3 end game Crypto was also a big topic of this
Hearing today Senator Warren pressed a Lot of these um CEOs about the role of Crypto and how it's utilized by Terrorist organizations uh Jamie Diamond Said that he would close down crypto if He was the government of course these Banks have a vested interest in trying To close down crypto because then that Would mean more money would be funneling Through their institutions liia pretty Simple isn't it because that would mean More money would be flowing through Their institutions well it's pretty easy To figure out why that Jamie Diamond Doesn't like crypto right but the Reality is is Jamie Diamond knows they Have the JPM coin right Jamie Diamond Knows that they're a large holder if not One of the central holders of Ethereum so it's all a play to position Themselves to be in control right to Have power over what is going to happen But this is why I've asked because basil 3 has two different groupings that they Put for crypto Assets Group one Fulfilling classification condition is a Group 1A and Group B group 1B group 1A Is tokenized traditional assets real World assets tokenized stocks bonds Derivatives you get it the capital Requirements at least equivalent to Those of traditional assets with further Consideration for Capital add-ons so in Other words either one: one or a surplus
Backing these stocks bonds derivatives Group 1B crypto assets with a Stabilization Mechanism which could be a one to one Peg to a dollar one to one peg to a peso That kind of thing but the question Remains new guidance on application of Current rules to capture the risk Related to stabilization mechanism now a Peg could be a stabilization mechanism But what we don't have the answer to Is can liquidity pools and automated Market makers be considered a Stabilization mechanism that helps to Provide a very tight trading range if You have these liquidity pools you don't Have to trade off the buy and sell Walls Off the exchanges now do You group two crypto Assets crypto assets that do not qualify As group one A or B example Bitcoin new conservative credential Treatment based on a 1,50% risk weighted applied to maximum Of long and short positions in other Words if I hold $100 of something I'm going to need to Have $1,250 for the risk Weight now what do you think about that You don't have to be a banker or a Finance here I'm certainly not and if This drummer can understand it I know everybody else is getting
It what bank in the world is going to Want to use xrp if it falls in the same Category as Bitcoin none of them I don't want to Hold 150% on top of what I need to use every Day that is screaming don't touch it now The other reason that we consider the Question of asking how xrp could Possibly become a stable coin because of These highlighted things here can the Automated Market maker and liquidity Pools create a new characteristic and Integrity of The xrp Ledger and how it Operates to qualify in the standards Here provided for Basil 3 and the world Banking System and then the question is this and I know that there's PL of YouTube Influencers that Every Time We Touch This they start attacking us the crypto Twitter police Right but you know what if they're Attacking us they're attacking the World Bank too they're telling us that we Don't have a right to discuss these Things even in the face of the World Bank declaring that stable coins for Crossb payment include xrp and Stellar Lumen X LM and as long as they're talking about It you can bet your sweet ass I'm going To talk about it and I don't give a damn What they think but this is about
Flushing out answers for all of Us speaking about flushing out answers What could the next eight weeks flush Out for Xrp and all of us I have no idea but I'm Here for it will it be 20 $5 $14 $15 I don't know the answer but we are Hearing a lot of different numbers Floating around will it be zero remember All Investments can go to zero I don't Believe this one will but that's not Financial advice or me or anyone else It's just my digital perspectives and I Hope that you will go to dig Perspectives. comom click on the freedom Zone and join us inside for the rest of The conversation that's going on to day You're going to want it we'll see you Inside the freedom zone I'll catch all Of you on the next One
