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Welcome back to the show everybody check Out these headlines here is binance us In trouble we're asking trumer rumor FTX And SBF using the idiot defense we're Going to take a look at it Ripple swell Ladies and gentlemen what's it look like We're going to get under the hood and How about this did Ripple just give us a Gigantic IPO signal and what would it Look like when it does somebody roll That beautiful Intro Digital perspectives with Brad KES come On In welcome back to the show everybody You can follow us on Twitter and YouTube For exclusive content right now $1.12 Trillion market cap for crypto the Market is up .6% Bitcoin 28,200 plus Right now off by 4.1 on the disappoint Morning news that the ETF for spot Bitcoin ETFs rather have been not Approved at this point but everyone is Optimistic it will come in the near term We'll keep you posted ethereum 1500 plus Right now the market down this morning Tether right now 83.4 billion plus xrp Is 49 cents off by 3.4 in just the last 24 hours and 1.1 on the 7 Day ladies and Gentlemen little Bird's telling me that Ripple private Equity is going to be Back on this platform today you're not Going to want to mess around this stuff Will sometimes last minutes and be gone
Do not mess around if you want private Equity make sure you just click sign up Register and start buying private Equity That's how this works make sure you Don't mess around check out our sponsor Click the link underneath the video I Want to take a second to celebrate this Gentleman right here it is the one and Only John Deon John Deon has put a book Out called food stamp Warrior now I've Talked about it on here and now he's Being celebrated on Charles Payne show On Fox News and I could not be more Happy for someone that getting this Garnered attention here because I tell You something he's done so much for so Many other people and he's come so far In his life from where he started take a Quick listen to a piece of Us well from brawling in a schoolo yard To taking on the SEC my next guest has Always been a fighter he's fought for Survival for himself and now fights for Survival of others and he writes about It in his new Memoir food stamp Warrior Joining me now crypto law founder John Deon John first and foremost Congratulations on the book you know so On the back it's interesting because From brass knuckle beatdowns on the Schoolyard to showdowns with the SEC and I don't know if we can zoom in but You're wearing a pair of gold uh brass Knuckles I mean what is the deal with
These brass knuckles is that just sort Of a reflection of you and your life and Who you are well two reasons one is that When you read the book you realize that Growing up where I did in one of the Most dangerous neighborhoods in the in The country no matter what size of Population uh and being bullied for a Long time I finally overcame that by Adopting a pair of brass knuckles and Defending myself for the first time and After that it just became symbolic and Then of course the book is published on Brass knuckle books uh where did you Grow up I grew up in the inner city of Detroit place called Highland Park Michigan it's a subsection of Detroit I Thought all Detroit was in a city no pun Attendant either I mean it's a rough Spot the WR to your point it's a rough Place to grow up it's a rough place to Come out of so here you are you go on to Become a Marine an attorney a Millionaire and you represent so many uh People out there who are not represented Right is all that part do you feel a Calling to do that absolutely because I'm the ultimate Underdog so I'm always Compelled to to to fight for the Underdog because that's who I am I'm the First one to graduate high school I come From generational poverty not just Poverty Charles and some people say they Grow up poor but there's poor and then
There's true poverty when you say Generational poverty to me that also Suggests it's not just not having money Or resources but um a mentality you're 100% right and that's what people fail To understand and I talk about it in the Book Charles what it what poverty does To the mind and the human spirit I had a Conversation all my siblings dropped out Of high school I dropped out for the First three months I'm looking for a Private school that I can work off the Tuition and my mother catches me crying And she's like what's wrong with you and I said well I want to go to high school She goes well just join the military When you're 17 like your brother did and I said I want to go to college and she Said and God bless you strongest woman I Ever met she said well that's just not For People Like Us John right you know And that that's what it does that's what Poverty does to people it handcuffs Their mind their spirit and everything It's tough when the people around you Not nefariously tell you you can't make It you can't be something only because They never seen it happen before so how Did you make it happen without giving Away everything in a book well I know It's not politically correct but it is That hatred of poverty uh and the listen What's wrong with that well listening to I love it yeah you would and that's why
By the way you're the first person that I publicly talked and interviewed about The book and I couldn't think of anyone Better for uh to do that so thank you For having me but and it's absolutely Right and I tell you I have read the Book and there are times that it is so Real and so raw you absolutely have to Put the book down and walk away from it His story is absolutely riveting and Breathtaking you will not believe it it Speaks to the absolute strength in the Core of this individual John Deon who Has come from such a place to represent Over 75,000 xrp holders this guy knows what It's like to fight and he damn sure Knows what it's like to never give up And he won't I just want to celebrate Him and tell you if you have not gotten This book you would do yourself a Service to to get it and read it and I'm Telling you there will be people that Read this book and change their life From it no doubt about It here is the quote or tweet that come Out here binance us from whale wire Halts all users from withdrawing USD Amid rumors of Insolvency I'm asking Eleanor terret and Anyone else if they are able to confirm Here nothing that I can find as of yet We will keep you updated on this as we Get information on whether this is a
Tumor or a rumor but if you yourself are On binance us it may not hurt to go give It a look and see what's going on on That platform please send us a message And then here we have the update in the SPF FTX trial and apparently SBF Sam Bankman fraud is an idiot and he's using The idiot defense oof says Ash Bennington take a listen I think it's Become apparent that the what the Strategy is and if I were to sum that up In a very uh kind of Catchphrase uh it Would be S SPF is an idiot that's where They're going that's what their goal is Um but I don't think things are going Too well for the defense in this case Caroline Ellison uh had a uh you know She was on the stand last week and it Seemed that after several hours that They couldn't quite pin any of the Responsibility or most of the Responsibility on her seems to she def Seems to have deflected a lot of it um Is that really the case or do you think That the defense has made any effort has Done anything to kind of at least put Some of the blame on to Her I think uh they they definitely Attempted to do that but all the pundits That are covering this and and all the The media uh Personnel who who have Covered this have all kind of Characterized the defense is you know Taking a swing and a miss um and that
They are trying to do uh they are trying To build a defense but number one They're getting shut down by the judge On a lot of key important things and Number two is they're getting shut down By the witnesses so I think um they were Attempting to uh you know build a Defense of you know the the SPF is an Idiot defense um I think the one thing That they successfully did through Ellison was to establish that SPF was Absent a lot that he was kind of an Absentee guy but I don't think that that Will matter to the jury I think the will Matter matter to the jury is that when He was there what did he do um the funds That went from FTX to Alam who directed That and all the testimony is now that It's on it's right at the hands of of f SPF who was doing who was doing the Stuff and yesterday we covered a direct Quote from Sam bankman uh fraud who Actually said that he was arguing about Why he needed to hire a CFO all he does Is pay attention to what happens to the Money which is what he tried to step Away from after the collapse of FTX then there's this big news right Here robloxs and ripple major gaming Company integrates xrp Absolutely this is bullish Xrp I think we all understand even if we Don't play games I know I don't I play a Game called get wealthy I play a game
Called life right I don't play video Games right but Roblox and gaming is Going to be enormous and I love it as an Industry to invest in and I love seeing This right here where Roblox now accepts Xrp the online gaming giant with 65 M5 Million daily users how about that one Now accepts xrp payments for in-game Purch purchases we're liking that then There's this right here mainstream uh Will never show you this shout out to Cyprus demonic cor and his team they all Know what's coming watch it before they Delete Tik Tok again yeah how about it Take a listen so while they're shaking You all out of crypto behind the scenes We got events like this coming up optic 2023 reimagining Europe's Capital Markets you head over Here and you can go straight to their Agenda and you can look and see what it Is these massive institutions are going To be talking about and when I say the Biggest institutions you go there you Click at their sponsors right you see The event date October 18th to 17th Right you got about the event you scroll Down here what we got here clear stream Swift Euro CLE adws BNB parabus right Broadridge you and broadbridge are you Seeing the move to DT based platforms Okay yeah I think it is you know it's Funny because with sort of the implosion Of the crypto market last year I think
The general public is sort of think like Oh well this stuff is going away and you Know when you talk to people in the know In financial services it's like no it's Not going away and you talk to people in The know in financial services this Stuff is not going away we even heard Larry thinkink from Black Rock this Morning's video say that there was going To be a flight to Quality referencing Crypto assets go watch that video If you Haven't done it then here is Anthony Welfare right here here the realworld Learnings and details of palao Stablecoin pilot we recently completed From the Ripple VP cbdc at Swell in Dubai take a listen to this right here Ladies and gentlemen under the hood at Palao stable coin project Pala stable Coin is digital currency issued managed By palao Ministry and finance Partnership with ripple this session Will explore real life lessons learned From Palo stablecoin pilot sponsored by Pal Ministry of Finance including ways To make payments easier more affordable For the Republic of palao and remember That has completed and there will be Another phase of the stable coin Experiment and pilot going on in palao Coming up in the near term as well and In the interim let's take a look here Ripple announces swell agenda is live Over the course of two days you will
Hear from Ripple customers team members Industry thought leaders discussing how Financial institutions and businesses Are leveraging C crypto blockchain Technology and here you can see the Agenda for Wednesday November 8th you Can just run this down here and I'm just Showing it to you and we see bitstamp CTO James Greenwood fireside chat just To name a few here through this right There's the under the hood palow stable Coin project that will be discussed Right that's day one wrapping up Celebration that evening and then here You see on day two you can see uh Rocket Fuel CEO Peter Jensen and then they have UAE blockchain ecosystem polygon and Then they talk about also how Dubai will Becoming a world leader as a crypto Hub We also know the UK is after the same uh Same uh level of involvement with crypto And then they will wrap today's events With a fireside chat with Brad Garlinghouse as well shout out to him Also navigating navigating the future of Carbon markets ladies and gentlemen That's going to be a very big sector Whether we like it or not and then this Is a reminder right here of Ripple Partner th's payment we have talked About this but I just wanted to cover it Again because thun's payment Ripple Partner developed the first digital Yuan Crossb transfer system in cooperation
With China's biggest commercial China Construction Bank you can see that Highlighted right here I just want to Tell you that you know we need to pay Attention to all of these things and Developments as they're taking place Then there's this very quickly here a One minute breakdown Mr man shared here The other day I had informed you of the Term refer uh asset reference tokens Known as arts in this segment a rep from The EU breaks down the term art and that Can be utilized for multiple currencies And must uh have must have a stable Value and can be considered stable coins Is xrp xlm considered asset reference Tokens time will tell I think sounds Like Mr Man is seeing in leaning into The same thing that I'm seeing and Especially with the development of Automated market makers which will act As a stabilization mechanism for price It will not price set the asset but it Will stabilize the price through Automated market makers in Arbitrage and Slippage to be able to provide a much Tighter reliable price for xrp while Remaining an open market on the back end Now with that being said take a quick Listen here with the very very Basics What are are crypto assets uh before This regulation there were different Types of terms actually used in relation To crypto they were they were named
Digital currencies or virtual currencies But now we do have this term of crypto Asset which is a digital representation Of value or rights which can be stored Or Transferred electronically and this all Happens by use of some type of Technology one possible type is is uh Distributed Ledger technology that I Mentioned Before so if we look at this definition Definitely it is quite Broad and it's Evident that it doesn't only cover Crypto assets such as cryptocurrencies Or payment Tokens um and also these types of crypto Assets are also uh divided into separate Sections uh that we will discuss a Little bit in more detail in uh the next Presentations uh one type is eone token Another type is as reference Token so uh both of these are particular Types of crypto crypto assets because They are referring to specific types of Assets so eany token is a token that is Only referring to one specific type of Official currency whereas asset Reference token can refer to uh several Currencies or several class classes of Assets and by these uh links to these Assets uh these types of Cryptocurrencies are supposed to or are At least trying to maintain some sort of Stable value so uh before mikar was
Passed there was and still is the term Of stable coins so if you're thinking Stable coins they will likely be covered By both of these definition by either of These definitions and that's where it Gets interesting because I've asked many Times now could xrp be categorized as a Stable coin or a stabilization me Stabilization mechanism as I suggested With the automated market makers coming Into play and changing the the Characteristics of the token to qualify As something more uh stable and reliable In the financial system we shall see Then this came out yesterday Ripple IPO Incoming here shareholder communication Senior manager they're looking for Now Ladies and gentlemen the work and the Role in this you'll be responsible for Communications relationships management Strategy execution for the key groups of Existing prospective investors current Shareholders and financial analysts in Addition to the communications team you Will work cross functionally with most Teams at Ripple this role reports Directly to the senior VP of people Places and communic ation that's what is Going on there now this is getting very Very interesting ladies and gentlemen Then I remind you of this Linda P Jones Broke down very quickly here just what a Ripple IPO could look like and Compares It to coinbase take a quick listen the
Share price some people say oh it's Expensive because it's a $40 share price But it's not the price of the share it's The value of the company that you want To look at because a valuation of Something like 6.6 billion with ripple Has the potential to Ideal at a much Greater value so just as a comparative Measure you some of you have heard me Say this how many people have heard Level of Calculation thank you so we can compare Ripple to other companies that are like Companies that are similar companies and That's kind of hard to do except for one Company and that's Co base that was on The link to platform and went public at A valuation of $86 Billion so Ripple being at $6.6 billion right now and coinbase Going public at $86 billion that's more Than 10 times where Ripple is right now So that's why I say I think in my Opinion in my personal opinion I think That the potential for ripple could be More than a 10 time Improvement in your Initial investment so if you invested $10,000 a ripple it could become a $100,000 investment and that's just if It doesn't do as well as coinbase did if It does better than coinbase which it Could and it could for one very Important reason and that is because Right now Ripple holds their xrp asset
At zero value on their balance sheet so There's no value Right now for xrp on the Ripple balance Sheet so if Ripple does value xrp at 50 Cents today or whatever it is selling at Today or if they're able to give it a Higher valuation because it moves up From where it is today if it went to its Old Highs at roughly 3 probably 384 384 Thank You4 that put us at over a 14 valuation Or $10,000 invested could we $140,000 so the potential with ripple I Think is one of the best on the link to Platform I really agree with her and It's not Financial advice to me her or Anyone else but it's very exciting to See that we're possibly witnessing Ripple begin to hire and position for The IPO in the near term let's hope Right we don't know the answer but what I do know is if you haven't had a chance To join the freedom Zone you can do so With the link underneath the video no More are we going to let censorship Separate us and today we're going to Dive into what possibly may have caused Uh the silencing of the largest xrp Influencer in this space the goat Himself digital asset investor let's Make sure that nobody can separate us Nobody comes between us anymore for the Cost of a cup of coffee we're going to Stay in touch and we're going to start
To touch on subjects in a deeper way Inside of this group without the fear of Censorship happening to any of us and Should it happen we can guarantee that We can stay connected so we can always Get the information and keep the line of Communication open that's what we're Doing inside of here make sure you click The link not Financial advice for me or Anyone else we'll see you inside the Freedom Zone
