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Welcome back to the show everybody check Out these headlines xrp preparing the Two-headed dragon ladies and gentlemen We got that and so much more you're Going to love it roll that beautiful Intro digital perspectives with Brad KES Come on In welcome back to the show you can Follow us on Twitter Youtube and dig Prospectives decom for exclusive content Right now $2.66 trillion market cap for Crypto the market is up 1.7% 67,800 Plus for Bitcoin 3,300 Plus for Ethereum 106.9 billion plus market cap For uh USD tether xrp at the number Seven spot at 58 cents it's up 2.2 on The 24 off by 6.3 on the 7 day looking At the range of price very quickly here We're ranging between 58 and 59 cents Now this is a tight trading range that We normally see right so remember we're In that crucial flipping Zone and Structural support Zone that edrg Kryptus crypto has told us about so We'll have to keep an eye on that as we Uh move forward throughout the weekend Now just starting right here for a Second uh I think xrp crypto wolfs got It right uh there's been some confusion Actually about the stablecoin Announcement from Ripple on The Ledger And I think a lot of people are very Confused but I don't understand why and
I'm going to try to do my best from the Channel to really get people to Understand that you know having Stablecoin on The xrp Ledger is going to Be phenomenal and it will not challenge Xrp's role xrp has always been a bridge Asset that where you use it where Applicable you're not forced to use it And ultimately over time through Mass Adop option people are going to Understand that that is the best way to Bring people to your network because Think of it imagine you being a customer Of something and it solves a problem for You but you're forced to use a Particular token on the platform no Matter what even for the let's say a few Of those things that you do on that Platform you don't require really the Need of their token but they force you To use it that would build resentment Over time and you would have that Feeling like you know if I ever find Something someday that doesn't force me To use this I'm going to leave this Network and I'm going to go to that one Because that one doesn't make me force Me to use something when I don't need it And that's why ultimately this is the Longer path to take but the right path To take in my mind and I think xrp Crypto wol got it right Ripple's new Stable coin launch is probably the most Bullish news for xrp so far this year I
Complet completely agree now I want to Tell you something ticket sales are Going Cay cray and I want you to get a Ticket but just take a look at this very Quick trailer here xrp Las Vegas 26 days Away Ladies and Gentlemen get ready xrp Community we are now under 30 days from Xrp Las Vegas 2024 celebrating a new era in finance With the xrp community at the largest Xrp conference in the world our amazing Speaker lineup with Perry andne boring Christopher Gian Carlo David Schwarz Simon mlin Kevin Maloney Andy sheckman Nancy Beaton John Deon Joe endoso Fon Pro James Metal Man Lynette Zang will Petruski Jeremy Hogan Robin oconnell Jason cousins Greg kid and newly added Congressman Wy Nicholl thanks to our Sponsors for your support of xrp Las Vegas 2024 there you have it ladies and Gentlemen I mean when you think about All of these amazing people that are Taking time out of their life and their Schedule to come be on stage for all of You this is not for me this is for You and I tell you something you are Responding in kind and I I am super Grateful for each one each and every one Of you uh it is a record-breaking Numbers and I am so grateful that the Community is responding in this way and I encourage all of you to get your room
On site at MGM there's still a discount And they're talking about us having to Cut sales off right now because if we Can't get the extra space needed to Expand we're not going to be able to Sell any more tickets so in order to Make sure you're going to get a ticket And you will be able to come please get Your ticket right away because we may Find out in the next week or so that we Can't get that extra space and we're not Allowed to continue to sell how bad Would that be so make sure you get your Ticket ladies and gentlemen this is Going to be a remarkable conference You're not going to want to miss it uh So many incredible people and we're very Grateful that they recognize the value In being there the future of finances Xrp xlm xdc and others with real use Case utility now I said this Based on a tweet from Wendy O which was Spot on bitcoin is slow ethereum is Expensive salana transactions fail this Is the Future Finance is bright you know That's why I say the future of Finance Is none of those things uh now the the Future of finance and xrp xlm XTC harar And others Quant I think can help move Those assets around better than they can Themselves on their own network now that I Believe and I'm not an xrp Maxi although I know people think that I am the truth
Is is I'm a utility Maxi and if your Project has utility I'm probably holding It this is the president of Ripple Monica long right here let me tell you Something this this comment from Monica 2024 and the predictions of 2024 have Really I tell you Monica's always been Kind of like very conservative in what She's chose to say and how far she'll Walk out but I tell you what she seems To be very excited about 2024 which has Me very excited about 2024 stable coins play a vital role as Onoff ramps to USD in the wake of last year's banking Crisis they're necessary for traditional Institutions especially in the US to Access crypto Markets I'm incredibly incredibly Excited for ripple to fill a key need in The market with our stablecoin and again I remind you $150 billion market for Stable coins today expected to be $2.8 Trillion stable coin Market in just four Years which is the size of the entire Cryptocurrency market today 2.8 trillion Give or Take that would mean for stable coins to Be at 2.8 trillion in four years the Crypto Market would have to be between 40 and0 Trillion as a Whole big things are Coming big things are coming and it just
Makes sense as David Schwarz says to Have high quality assets on The xrp Ledger Ledger decks one of the things That's been missing on The xrp Ledger Deck is like a large number of high Quality assets like there's xrp and then There's a couple of like medium you know And then there's a long tail of Interesting stable coins but not like Not access to the not like a a high Quality US dollar stable coin obviously Is extremely important so and the Euro Stable coin so that's going to help Bring some of those things to the xrp Lger side and we're super excited about It and we're super excited about the Fact that David Schwarz will be on stage At xrp Las Vegas telling us all of the Most relevant information and the best Way to understand this this idea that Stablecoin is going to be launched by Ripple on The xrp Ledger I think it's Fascinating and I think there are very Very big things to come in the future Here very big things this is a reminder That Ripple is not out to challenge the System but actually complement the System you know Brian Brooks said one Time you know that uh cryptocurrency the Nomenclature the naming of these assets Is really caused a lot of confusion and He is absolutely spoton I used to always Explain it to friends and family and Stuff as like well don't think of it as
Currency just think of it as like Payment protocols or new payment Networks right and then there's a a feed Of using these things on the networks in Most cases so take a listen to this clip Here so the point that I always try and Tell people is you know the biggest Issue that I always try and focus on is Cryptocurrencies are really not about Currency and and the biggest Misunderstanding of this whole Discussion is the belief that if crypto Is not doing a great job of replacing The US dollar uh then crypto is failing In its Mission and what I what I think We'll talk about a little bit today is The idea that most of crypto is about Replacing the centralized banking system With networks that allow user control Versus Bank CEO control the crypto Assets that have prices are more like Internet stocks it's more like you bet On Google if you think there's going to Be high internet traffic and you short Google if you think people are going to Go back to the post office right but It's not that ethereum or Ripple or Anything else is trying to replace the US dollar it's trying to replace a System of transmitting value and we'll Talk a lot more about that so for me the Prices are not that relevant any more Than Google's volatility is and in the Early days of Google that was super
Volatile no doubt about it no doubt About it and that's Brooks an whistle From Ripple sitting right beside him you Know that is so spoton but then we get This now this is Project Agora Tokenization is the next Frontier here This is a public and private sector Collaboration and uh they are relying on Crossb technology experts to drive Innovation into a single unified Ledger Listen to this you're joining us today We are announcing project agura this is An exciting new project which will Experiment with how Tokenization can improve the global Monetary system and it's starting with a Use case that is near and dear to the Bis which is crossb payments project Agura Builds on the vision for the Future of the monetary system that we Laid out in our annual economic report Last year we believe that tokenization Is the next Frontier in terms of the Digitalization of money and Payments agura is the most ambitious Project launched by the bis Innovation Hub so far its reach is global we have Seven leading central banks from around The globe that are participating listen They are the bank of France which is Representing the Euros system and then The bank of Japan Bank of Korea Bank of Mexico Swiss National Bank bank of England and the Federal Reserve Bank of
New York the project now that's very Exciting because we know that there's a Couple connections Bank of France for Sure we understand right and then we got The bank of England right and then Obviously we know uh the Federal Reserve Of New York and then the FED now system All of this is super exciting to see how It's going to come together and tie in Now I have one more uh bis clip I want You to see before we move to the next Thing here listening to what this Gentleman says from the bis it's hyon Shin from the bis explains the old System works via Swift versus project Agora and those kind of applications the Canonical application there would be Payment versus delivery where um you pay If and only if uh the the seller of the Asset would then deliver the the Security uh or or whatever the asset Might be so um uh these kind of Transactions currently are done Separately so there's a messaging Network uh and you're familiar with Swift uh probably uh but the settlement Is done separately through the book Keeping operations along um the the Chain of uh Financial Intermediaries uh but if we have uh the Unified Ledger that have both central Bank money and Commercial Bank deposits All on the same platform uh we can have All of those transactions take place U
Instantaneously at the same Time instantaneously at the same time Now the looking I've done I cannot Connect Ripple or xrp directly to this But we know that there are projects with The bis and the Hong Kong monetary Authority on exactly tokenization right Which is now seems to be expanding Across seven central banks in major Markets right so they can test cross Border and tokenization in that regard This is getting so super exciting to me I can't even tell you but the two-headed Dragon that I talked About really I believe is taking shape To become eventually at some Point a new version of The Shane Ellis Theory Essentially so it is rumored and it is a Rumor that black rock and Fidelity along With nine other financial institutions Will be submitting spot xrp ETF Applications on April 12th in just six Days and we shall see I do believe at Some point we get an xrp ETF and I think There'll be hundreds if not thousands of Other digital asset crypto ETFs but my point is is that when that Day comes and you see how fast the Accumulation of Bitcoin has been taking Place since the onset and approval of The spot Bitcoin ETF of course this is going to be the Same thing when we get a spot xrp
ETF and when we do there'll be great Demand by these large institutions to Get as much of that asset to back that Fund because that's what they have to do They have to have a qualified custodian And they have to back the fund for Everything that's Bought but at the same Time we're watching Ripple prepare to Launch a US dollar stable coin on The Xrp Ledger this is going to help create An enormous amount of liquidity and Utility on the network make no mistake Think about it just like USD tether has Made an incredible amount of liquidity And utility for the entire digital asset Space let alone what it done for Bitcoin In the early Days think about what usdc is a erc20 Token has done for the uh championing And the growth of the ethereum network And the Stellar Network Remarkable the same thing's about to Happen here and as we get stable coin Legislation and as we get clarity that Allows us to see the adoption within the Financial system in Banks to use it for Settlement and payments you're going to Have a two-headed dragon one is the Market makers that are making markets Every day for these payments they know That they need to use xrp every day for Their specific
Needs then you have the other head of of The dragon that is the collecting and Buying the xrp to back the fund once we Have to spot ETFs that fight and demand to get that Asset as adoption and utility grows will Create I think the kind of energy and Fomo that will draw off the loose Liquidity off of the exchanges because Of the real participants and market Makers that need to use it every day not Just the retail speculators that are Holding It and what a moment that'll be when it Gets Here edrag crypto reminds us major Target 57 bullish Target 60 above 70 Valhalla here I come so there's your Numbers right there this is the RSI by The way ladies and gentlemen so you're Looking at the RSI if we get above 70 in The RSI watch out because it could Really really be something and you know What here's where we are right now so we Got nothing but upside in front of us so This is really really exciting to watch And we know the charts have been in a Place that are just begging for a Breakout and we're Waiting one of the greatest attributes Of any investor is Patience we're going into the freedom Zone come on in not Financial advice of Me or anyone else dig perspectives.
Comom all you got to do dig Perspectives. comom click the free Freedom Zone and come on in we're going In right now you're going to want to Know this you want to know how uh China Really feels about the rest of the world And certainly one particular area like Britain they're going to tell you right To your face we're going into the Freedom Zone come on In all right
