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Welcome back to the show everybody check Out these headlines we have for you xrp Las Vegas is back ladies and gentlemen You're going to want all the details and We've got them for you today and how About the Bitcoin spot ETF what would The price be if we get that approved With inside of the next 30 days which it Looks like it may do and how about an Xrp ETF as well and how about a US Dollar backed by commodities how about a Presidential candidate telling us that If he becomes president we got that and So much more somebody rolled 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 $1.63 Trillion market cap for crypto the Market is off by 1.1% good afternoon Good evening good morning wherever you Are $41,600 Plus for Bitcoin right now 2,100 in change for ethereum tether Market cap is 91 billion plus right now That is an all-time high right there I'm Pretty damn sure wow 59 Cent for xrp Ladies and gentlemen the technical Analyst tell us that nothing better that Is happening we're just watching price Fluctuation here and that all good Things will come to those who wait That's what they say not Financial
Advice we're off by two and a half on The 24hour and we're off by 3.8 on the 7 Day current range of price right now is Between 58 and 62 cents currently at 59 Cents maybe it's waking up this morning You know Mondays can be a little rough For everybody even xrp right so there we Have it but here it is ladies and Gentlemen not for too long this is going To be a remarkable conference and I know That because I've already talk to a lot Of the companies and people top industry Leaders policy discussions regulation People that can impact these things They're all going to be here it is xrp Las Vegas 2024 May 3rd May 4th this Event will sell out no question about it And how time it is that we we kick the Stride again this year at the same time That we know that there is a huge fight Going to Capitol Hill and to the super Packs join Chamber of Commerce as well Look you can buy your ticket for xrp Late Las Vegas right here xrpl LV ticket By now right there chamber of digital Commerce is doing a fundraiser you're Going to want to be a part of that Because Brad garlinghouse John Deon and Michael Arrington and honorable Chris Chan Carlo will be guest of honor at This fundraiser which happens to be Hitting at a perfect stride ladies and Gentlemen When Brad garlinghouse himself Has announced that him and ripple are
Putting stakes in the ground leading the Charge with other industry leaders to Support pro-innovation Pro crypto Candidates in 2024 us election that's What's happening as they pour money into The Super packs that's what's coming at The same time that we know perryan Boring Cody Carbone everybody over at The Chamber of digital Commerce is doing Everything they can to mount up the Fight because we know that uh Elizabeth Warren is fighting to ban crypto we Can't allow It coinbase is doing their part this is Paul Grewal Chief legal officer said Promise made promise kept we are now on File with the third circuit to challenge The sec's arbitrary and capricious Denial of our petition for crypto Rulemaking we again appreciate the Court's consideration and essentially Pushing sec to a place to say hey give Us give us the give us the official word On what this is right on crypto Rulemaking they refuse to do it which is Really proven what we all have come to Know steuart Alara summarizes here and Less than two years after it was the Supreme Court decided Howie on Stipulated facts here it took the SEC The same amount of time to say what Everyone knew it would say it would not Engage in crypto rule making this is Political gamesmanship with the industry
And the Courts furthering stifling Innovation Listen to add to all of this John Deon Is absolutely spoton here 20% of the US Senate is now backing Senator Elizabeth Warren to ban crypto now listen we can't Have this this will stifle innovation in A way that we cannot Allow and one of the ways that you can Step up is to make sure you come Participate at xrp Las Vegas and the Chamber of digital Commerce fundraiser Because you're going to support what's Coming these conversations we're going To have at xrp Las Vegas are absolutely Going to further the next steps of what We need to do as a collective to make Sure that Elizabeth Warren does not work In favor of the banks and the financial System but in instead work in the way of Supporting the people and the voice of The people we know what we need to do Meanwhile new players entering the Market yeah like Black Rock and calling This the start of a threeyear bull Market that's what's being said take a Listen to some of this it's all about You know a new player coming into the Market which is potentially black rock Or other institutional investors um but Again I think it's a macro picture that Brought the crypto Market down in November 2021 and I think it's a macro Picture that brought it back up uh do
You think it stays here I think we're Going to Rally further right because There's just more incen what be the Catalyst for that rally well one of Course is the Bitcoin spot ETF approval Right when you look historically um in 2017 when the Bitcoin Futures was Announced until it was actually approved There was like six seven we window Bitcoin prices actually ried 180% so I Think we can make an argument if a Bitcoin spot ETF is actually approved Prices will just rally further until you Know until basically there is the last You know buyer in the market um I think That will be a big trigger macro is Still a big Tailwind I think you know People expecting three rate Cuts next Year but I think um generally the the Pattern we see is one year bare Market Threeyear bull markets and this is the First year bull market in crypto that we Had maros one of the reasons why and There you have it three-year bull market To come here but take a listen to this Quick clip where this gentleman breaks Down one day bitcoin price after ETF now I don't know if it goes like this Because I tend to lean in just for full Disclosure if we get the approval and It's likely that we do there's a lot of Them out here waiting and it may be Mass Approval of multiple ETFs all at once Right and if that be the case I would
Expect to see much like you do when a Company IPOs you usually see a huge Selloff in the face of that IPO the Price runs up then there's a selloff and It comes back and then over time it Starts to really get traction and make Its way but back up out of the hole That's just my my uh Vision on it it may Not go that way maybe it looks more like What this guy suggests take a listen When if there's a trillion dollars for Example that's going to go into real Estate right governments have the Ability to control the supply of that Real estate in order to make sure the Market stays stable if there's too much Too much sudden increase and too much Demand the government can respond by Increasing permits for building right as An example so they can balance out the Supply and demand of real estate quite Easily same thing with gold I just issue More permits for you to dig more gold And then you get more gold so whereas With Bitcoin you can't do that so if the Ex-managing director of Black Rock who Was talking at a conference in London is Correct and there's $200 billion of Demand uh in the first 3 to 5 years After a Bitcoin spot ETF that equates to About $192 million per day of demand if It is equally spread out through the 756 Trading days that you have if that's the Case then you're looking at a day one
Bitcoin price of $198,000 a coin there G Be now so you know again he's just using Some very broad math right just to give An understanding of the kind of money That can move into this Market it Doesn't mean it will go there and I'm Only showing it just to show his Perspective of that amount of money Broke down on an average again I tend to Think think something a little different May take place but you know we'll we'll See I mean we're witnessing something That's never happened before and Speaking of something that's never Happened before why not keep your eye Out for the next thing which could be a Spot xrp ETF and why wouldn't you have That knowing that xrp has the clarity Legally keep your eyes peeled ladies and Gentlemen keep your eyes peeled and let Us not forget on the geopolitical stage Because you going to this is we're Pivoting a little but it really is done On purpose today because I wanted to Show the contrast Between how Bitcoin is clearly not being Seen as a currency anymore it is Absolutely uh being seen as an Investment product that is how it is Being seen right and that's the reason For the ETFs it is clearly declaring it as an Investment product that's what you're Seeing there so now with that being said
We understand that while the markets are Starting to size up what's a Crypto investment vehicle and what is Possibly a bridge you know to work with Inside of the financial system and Payments all of that is starting to be Defined now we're starting to see that So these approvals of the ETFs are going To be very important for the integrity And characteristics that truly Define What Bitcoin is or isn't right that's Going to be one of the big things there For me Here we remind everyone bricks Nation Are strategically planning to undermine The US dollar dominance now most of us Know this but stay with me aiming to Establish new Glo Global Financial order A potential brics currency could Significantly impact key US economic Sectors including banking trade and Tourism now with that being said we know That uh President Putin said that the Next brick Summit under Russia's Presidency in 2024 will be dedicated to Establishing a fair World Order Uhuh and inside of all of this they know That they have 11 more countries coming On to Bricks Coalition next year and They talk about this rules-based world Order is what they're talking About now we know that they have plans To dollarize which they've already begun
To do from the US dollar but they also Have plans in the future of launching a Goldback bricks currency at some point In the future now what's interesting About all of this is there was just Recently a presidential uh conference or Debate whatever this is here Town Hall I Should say where vivc ramaswami here Gives an answer about what he would do With the FED now remember brics is Currently dollariz on a geopolitical Level okay Okay I have said that I personally Believe the abandonment of the gold Standard underpinning the US dollar and Then we saw what the creation of the Petro agreement the Petro dollar Agreement with oil producing countries Like Saudi Arabia in return for US Military protection Saudi Arabia will be Joining bricks Coalition Saudi Arabia has begun to now Deal with oil trades Not exclusive to US dollars so they are Unwinding the Petro dollar agreement Right before our eyes which means Something will have to happen to Underpin the confidence of the US dollar To Remain a dominant World Reserve currency And Desirable listen to what vivec ramaswami Says after he talks about reducing the Fed and how he would stabilize the US
Dollar she says that she's currently Registered as a Democrat but now intends To switch parties and is planning to Participate in the Republican caucuses And register as a republican she's Undecided on which candidate to support Nicole thank you and welcome um I'm Gonna throw it back to the United States And talk a little bit about how you feel About the growing differential between The top 1% and the middle class in the US and how you plan on addressing it in Your Presidency great question and to tell You the truth I don't feel great about It a lot of this is the product of the Federal Reserve actually seems like a Technical subject a lot of people don't Like to talk about I think this is Fundamental so the Federal Reserve has Since the late 90s taken on the role of Playing effectively God for the Financial system for a lot of that Period reigning money from on high like Mana from Heaven we've been skiing on Artificial snow and it's really flowed Down through the top 1% a friend of mine Actually has a funny expression but I'll Share it with you he says you know if You're a nurse you'll go home with some Extra latex gloves if you're a teacher You might go home with some extra Pencils if you're a banker you go home With a few extra dollars and that's the
Way it's worked through the Federal Reserve System trickle down economics I Believe does work when it's driven by Gains in the real economy but it doesn't Work when it's created by artificial Paper weth generated by fed Reserve Policies so i' put the FED back in its Place the reason real wage growth has Not gone up for the bottom 99% adjusted For inflation it's been flat the reason Why is the Federal Reserve has treated Wage growth as though it's a leading Indicator of inflation and try to Tamp It down like a game of whack-a-mole for The last 25 years so you get what you Pay for my view is I'll put the FED back In its place a single mandate for the US Fed what is that dollar stability here We go Peg the dollar to Commodities that Ties the hands of our government that's A good thing Peg the Peg the dollar to Commodities not one commodity Commodities well let me tell you Something isn't this what I've been Saying I believe the next underpinning Of the US dollar to provide its Dominance for the next 150 to 300 years Will be The xrp Ledger maybe the Stellar Ledger one of The Two be maybe in conjunction both I don't Know but what I do know is is that the Xrp Ledger is a decentralized exchange And you could absolutely prove that you
Have a certain amount of broad vast Commodities that support the Stabilization of the dollar price which Cannot be questioned by anyone because It is on The Ledger and it's Immutable and if you have a broad enough Set of Commodities and other assets you Can guarant guarantee that the Stabilization will be there because not Any one thing like if it's just gold if It's just oil relying on Partnerships Around the world this is why it's Problematic but if it's oil gold silver Copper Platinum Palladium if it's uh uh Soybeans corn wheat you name it all Commodities soft and Hard you bring all of those in as a Basket Behind these things and you could Bring even other assets as well I'm sure And then you could guarantee that you're Now delivering the most stable dollar Which is so difficult to destroy because You would have to destroy so many Different areas of the economy in order To destroy those reserves that give it Its Strength that's what we're talking about Here uh I'll tell you what else we're Talking about we're getting ready to go Into the freedom Zone ladies and Gent Gentlemen The Great Reset meets the great Resist that's what's going on they're Not stopping and we aren't either join
Us in the freedom Zone dig perspectives. Not Financial advice from me or anyone Else I'll catch all of you on the next One
