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Welcome back to the show everybody check Out these headlines as we wait for the Spot Bitcoin ETF approval now there's Being floated an xrp ETF may be on the Way and we've got that and so much more You're going to want every single bit of It what makes xrp so special oh you're Going to find out today somebody roll That beautiful Intro Digital perspectives with Brad KES come On In welcome back to the show you can Follow us on Twitter and YouTube for Exclusive content right now 1.74 Trillion market cap for crypto the Market is up 1% 44300 Plus for Bitcoin At the moment 2,200 Plus for ethereum Tether market cap is 93.5 billion plus and we see number six Spot xrp at 56 cents off by 0.1 in the 24h hour off by 8.6 on the 7 day let's Look at the range of price very quickly Here 56 cents is where we're sitting in The bottom is 56 cents and the top is 57 So we got a pretty tight trading range At the moment we'll keep an eye on it as We move forward but I want to share this With you because I am so very excited Privileged and honored we know Ripple is Going to be at xrp Las Vegas 24 and so will I trust Capital so will Uphold so will link to so will so many Others that I can't even say yet but I
Am super privileged and honored that we Are going to have perryan boring from The Chamber of digital Commerce yes David Schwarz the CTO of Ripple on stage Eleanor teret from Fox Business News and The Honorable Christian Carlo the Co-founder of the digital dollar project And so many more I tell you watch out Ladies and gentlemen you better get your Tickets this is absolutely going to sell Out before the event happens so do not Mess around make sure you get your Ticket let's start here with a piece of News from perryan boring from the Chamber of digital Commerce that she Says here in response to a clip of the Former SEC chair Jay Clayton says spot Bitcoin ETF approval is eventually Inevitable she makes a great comment Here I agreed that the spot Bitcoin ETF Are inevitable but let's not forget that Mr J Clayton blocked the spot Bitcoin ETFs during his tenure as SEC chair During the Trump Administration that's Exactly Right that's exactly right and we can't Forget that as Jay Clayton sits here With all this clarity now that he's no Longer the SEC chair he was doing the Same stuff that Gary gendler is Today John Deon agrees and concurs here He says without J Clayton self-serving Tenure at the SEC gendler would not have Been able to arbitrarily and
Capriciously deny a spot ETF he was 100% Wrong to block the ETF remember as well Clayton met with gendler the day before He filed the Ripple xrp case claiming All xrp constituted IL legal Securities Which he's lost on if you don't believe The Ripple xrp case was the main topic Of discussion Clayton left the SEC the Following day I have a bridge to sell Sale for sale he says after refusing to Implement a safe harbor proposed by Hester Pur and after making sure he kept The regulatory status of Bitcoin and Crypto vague Clayton went on to advise One River and others related of course To bitcoin ethereum crypto policy in General pretty damn good business model For Clayton and his cronies that is Absolutely right and you shouldn't be Allowed to go work into a sector that You just regulated right they they need To cut that part out and I think the Biggest thing is if we get back to the Idea of serving government in the same Manner that you do jury Duty that's where we need to get the Term career politician needs to go Away it should be impossible for someone To spend a lifetime in politics that's My personal view that's going to help Right there right you look at it like Jury duty you go do it it's three months Whatever and then you're back out gone It's it you can only serve once in each
Level of Office now let's hear this the Bitcoin ETF approval will pave the way for Bitcoin options Market you can see how Excited all of the institutions are to Get these products in place so they can Begin to build a real Market on top of This new digital asset take a listen Here do we know that there is going to Be an options Market automatically like If the SEC approves it do they approve It all is there then Then it would go to the actual options Dealers to decide effectively when they Want to do this now when GLD got options There was a bit of a hiccup there about How it was going to be cleared Etc I Have a feeling those conversations have Long since happened already everybody Understands that the options Market on This is going to be enormously valuable And enormously powerful I mean we you Guys have talked about it a ton of times Single you know people trading zero dat Expiration options is almost replacing People trading stocks in some Cases that is is what they're after and You know that the institutions are Drooling to be able to get in here and To build all these products on top of This new asset class no question about It then there's this shout out to Jeremy Hogan for this he says someone just sent Satoshi's Genesis wallet $1.2 million in
Bitcoin why the only thing that makes Any sense is that the sender is Flushing Satoshi out under the new IRS rule you Have to report any receipt of crypto Over $10,000 so Satoshi has to dox Himself or break the Law but why almost 1.2 million so it can Be argued that he failed to notice the Transfer you might miss 02 Bitcoin but Over 26 Bitcoin no way okay it's not the Best argument but I'm intrigued What the hell is the kid say absolutely You know this is really interesting to Me because it does put it in a position And we all know if we've done the work Department of Homeland Security has Admitted at a conference years ago in Front of the SEC and the cftc that they Know exactly who the four Satoshi are And they went and interviewed them so This gets quite interesting will the IRS Continue to turn a blind eye and act Like they don't know that there's a Wallet attached to real People As the World Turns we'll keep an Eye on it this here from amalay here Says wow rumors revealed at xrp ETF to Be released within weeks now we're Looking for a bit of a collective effort From the audience Here this is unconfirmed reports so you Know we tend to get a little Questionable on that but nevertheless it Suggest that black rock the world's
Largest asset manager has submitted Registration for an xrp exchange traded Fund if they have this is big specul Speculation reached a fever pitch on Social media with rumors circulating About black Rock's alleged registration Of a spot xrp ETF it says it's named I Shares xrp trust while similar Rumors Surfaced in September now what I can Tell you is this take a look at This shout out to Mike Jans for this he Did find this Fidelity it says Amon Ripple a xrp ETP now I don't know what it if it's you Know he found this he shared this so Maybe we can all work together to figure Out is this something that launched Already I don't see a price here is this About to launch is this anticipation of Releasing something what is this so Maybe collectively we can all help find An answer because it does look like some Kind of xrp ETP is on its way we'll see That was Fidelity so we'll see if black Rock's doing it too but let's get to This this is a former clip here and uh Shout out to AML for bringing this out Because I'm going to play this clip and Then the next clip I'm going to play is A brand new clip from quzy Jones both of these clips set up the the Importance of what xrp can do and what I Believe will be a massive role in the Financial system moving forward take a
Listen to Joe and Doo from link to Explain how Bank of America can use xrp In the liquidity Hub this is remarkable Institutions financial institutions Certainly like Bank of America to Transact I I think it was actually quite Timely and maybe fully intended Uh that Ripple created it introduced This liquidity Hub product because what I'd be doing if I were in Ripple shoes Today is I'd be integrating liquidity Hub into the Ripple net product so every User of ripplet like Bank of America Would simply Port into liquidity Hub as The means of obtaining and managing that Xrp position that they need to work Through odl right liquidity Hub is just A massive uh um you know smart router Engine it has feeds to uh accounts that Ripple has opened across all the Liquidity venues around the world Basically virtually every exchange where There is depth of liquidity it has a Count set so if I'm a Bank of America I I become a liquidity Hub customer and on Any given moment or you know where I Need you know pick a number a bill Million dollars worth of xrp to transact I plug that into liquidity Hub and Liquidity Hub will break that billion Dollars up into fractions and Route them For execution and closing across all the Exchanges to get the optimal average Acquisition price for xrp and then when
I'm done using the xrp for odl I turn Around and I go the opposite direction And I have that same smart engine route My sell order and go back to cash if That's what I want to do sell the xrp Across all the venues to get the optimal Price for Bank of America right and at No time do I ever have to be in a Position where I'm actually taking xrp From Ripple itself I'm doing it through All of these exchanges and what Ripple Will be do in that instance is it'll be On an ongoing basis looking at the xrp Available across all those exchanges Worldwide and just Distributing xrp Through those exchanges it it it will Sell xrp into those exchanges to create Supply and there you have that now it's A wonderful explanation Nobody Does it Better Than Joe and I'm gonna tell you Right now uh this is Quincy Jones we Were fortunate enough to have Quincy on Stage with us at xrp Las Vegas 2023 and We are privileged and honored to have Him be on stage with us us again in 2024 And you are not going to want to miss The the conversation he's going to have With you he is absolutely electrifying As he is in this video so shout out to Everyone that made this video possible Even here Psy 722 uh uh for for I guess Uh catching this call here or whatever It is but I want you to hear how he Explains what makes xrp so special and
Listen how it ties in exactly with what Joe ad Doo talked about which is the Routing How you can route through an algorithm Basically maximizing the liquidity take A listen special lot of these other a Lot of the other things are there's a Lot of overlap and don't get me wrong There are some things where it's not Proof of mistake or proof of words but That's not what makes it special that's What makes make it maybe unique not Special the two things that make it Special is one the entire network is a Deck what does that mean it means Anybody from their individual wallet can List an asset for sale into the deck you Don't have to go to a deck you don't Have to go to third the entire network Is a DEX in that Dex is a liquidity Routing algorithm that allows you to Maximize liquidity between any asset That you or maximize the max it it Automatically routes um it automatically Routes the asset to maximize liquidity So the whole premise of this is no Liquidity pools there's an algorithm That keeps you so any any other exchange Any other decks any other everything has Liquidity pools xrp does not it has an Algorithm that maximizes liquidity by Being able to Route um they being able To route and liquidate the asset based On what's available on the network those
Are the two things that make xrp amazing Now you can get into the speed you can Get into it's not proof of work pro you Can get into all that too but those two Things the fact that the entire Network's a debts and there's an Algorithm that maximizes liquidity on That debt is the two biggest things and When people talk about crossb Remittances currency noovo that allows For the instant liquidity of any asset Like it's cash you see what I Mean I love his passion it is so fire I Absolutely love it and I absolutely do Understand exactly what you mean uh Quincy and it's an excellent breakdown And you know um I also want to add in Think about the addition of automated Market makers once they finally pass and Make their way to The Ledger right on The public ledger so this will be as he Said you don't have liquidity pools at This time you have the algorithm but When you start to create the automated Market makers and get them out there and Working and then you do create liquidity Pools that can be used for transactions No longer do you have to rely on the buy And sell orders of the prices of xrp When you can go to a liquidity pool and You could begin to stabilize that price While allowing the open free market to Still move up in price because of the Demand for the asset itself I hope that
That makes sense to everyone cuz it Certainly makes sense to me uh what a Remarkable moment we are in I really do Believe that now let's take a look at This the ongoing legal battle between Ripple labs and a group of xrp investors Led by Zakinov is set to reach a pivotal moment On January 11th as both parties prepare For a significant court hearing so I Just want to remind people this is not The SEC versus Ripple this is the case That actually came out before that one Where zakov came out and said hey I lost A few hundred bucks it's because it's a Security and I didn't know that right And this is going to be a significant Hearing so January 11th here so another Four days we're going to hope to hear Something that really aligns with what We've already learned and had in rulings For versus uh Ripple and xrp and Hopefully the decision in the judge Annais Torres uh ruling helps to inform This case in a proper way to keep us Moving in the right direction but we'll Bring it all to you now right now we're Getting ready to head into the freedom Zone I hope you will join us we've been Taking it on ladies and gentlemen this Here is the co-founder of Greenpeace has Now become a whistleblower of what the Powers to be and the Puppet Masters are Trying to do to all of us and our food
Supply it is quite evil I I kid you not You're going to want know about it and I Remind everyone that censorship is very Real and it is the reason that we've Created the freedom Zone and that's why I hope you'll go to dig prospectives Decom and click the button for the Freedom Zone and join us on the inside Not Financial advice for me or anyone Else I'll catch all of you on the next One
