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Welcome back to the show check out these Headlines we have for you here bricks is Making big moves and you won't believe The country that wants to join now we're Going to get into it and how about this If brics is making big moves so so is Ripple oh you're going to want to know This and how about xrp $120 or 41 uhoh 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 it's $ 2.46 Trillion market cap for crypto the Market is up 0.5% remember we were stuck At about 1 trillion not too long ago for A cryptocurrency market cap and now at 2.46 Trillion the market is creeping back up To where it was collectively so pay Attention to how much water is coming Into the bathtub here uh 62,3 Plus or Bitcoin with $ 1.2 trillion market cap 3,400 for ethereum right now and 99.1 Billion plus market cap for tether xrp Back at the number six spot at 62 cents Off by 1.8 and 24 but up by 15.2 2% on The 7 Day range of price very quickly Between 05953 on the bottom and 6448 on The top we will continue to monitor it As we move forward but let's get through All of this right now as Charles
Hoskinson voices his support for xrp Lawyer John Deon who is running for S Senator uh in um Massachusetts to Replace Elizabeth War who is a political Hack that has been bought and paid for By the Banks uhhuh we we love seeing Charles put his uh support behind John Deon as we all are as well uh I hope That Charles also decides to unblock me And others who have never said a cross Word about him while we've watched him Cuss us and David Schwarz in this space It's quite odd nevertheless we'll take The Support Caitlyn long right here who is a Huge advocate for crypto and fighting Very hard for this space every day her Self says look who I'll be introducing At ethereum Denver main stage and that Is so amazing and shout out to Caitlyn And all that she does for this space and Banking we know she's had her fair share Of uh uphill climbs in that regard too Uh but let's listen to our own John Deon Right here as he lays down why he's Running for Senate and it's amazing what A great speech this is people ask me why Am I running let me tell you I'm from a Place called Highland Park Detroit one Of the most violent neighborhoods in America for the last 40 years a single Mother on welfare and food stamps who Struggled to put food on the table and I'm telling you I listened to my mother
Cry at night on the nights that she Couldn't put food on the table and I Experienced that kind of pain and I Experienced that kind of shame that she Had so when you look at me I vowed to Break that cycle of poverty and I worked Very hard and I did it so when you see Me you're looking at the living Embodiment of the American dream and I See it dying before me now my forray in The crypto is very personal to me my Mother on welfare we didn't have Basically direct deposits she got a hard Check and the banks as you Know put fees on you if you break the Minimum deposit she couldn't afford to Keep $10 or whatever it was so the Predatory Banks of course just add fees So my mother at 9 10 years old I watched Her go to the check cashing stores that You see in the hood and I listened to my Mother beg beg them to take only half of The fee when I was in college and I Wanted to send my mother money home to Help with my younger siblings I had to Go through Western Union I had to go Through Money Gram and they took 10 12% and so that was my first Introduction to financial services in America America when I read the Bitcoin White paper in 2016 I thought of my mom and I thought Wow you can eliminate the predatory Actions of the bank you can eliminate
The money grams and the Western Unions And it to me it became uplifting I Thought about capitalism and how Freedom Could be spread across the world now my Opponent has a bill that bans Bitcoin Self- custody and crypto in the United States of America okay now I want you to ask Yourself something with illegal Immigration with the debt crisis where Half Americans don't have $500 set aside In case of an emergency with the opioid Crisis with income inequality why why is Elizabeth Warren running on an anti- Crypto platform and I'll give you the Answer 12 years ago she said that she Was going to Washington to DC to hold The bankers accountable but listen she Was outraged that no Banker went to Prison from the 2008 financial crisis Well fast forward a decade who just Wrote her bill Jamie Diamond and the Banking Institute wrote her anti- crypto Bill so she is the epitome of Washington DC you go to fight the bankers you can't Beat them so you join them and you Become their number one lobbyist Bo Listen I know some of you think that she Is entrenched Washington DC Elite and She can't be beat she can be I'm not the Only one who believes that I can beat Her I put $500,000 of my own money to Start this campaign because I know I can Beat her now I can't self- fund the
Entire thing and I'm going to need some Help but you want to know who else Believes I can beat her Elizabeth Warren Because since I announced she has Emailed five times she's got senators From Connecticut saying this guy John Deon is a problem Fox Business did a Segment that was called why is Elizabeth Warren so scared of this new guy this Unknown Person if I could fund it I would so my Reason I'm here is I can't do it alone And it's not my strength to ask for help Trust me it's probably my weakest part Of being a candidate but I have to get Better at it so I'm asking you to help Me if you go to John Deon for Senate and Make any donation you can she won't Outwork me I promise you that she'll out Raise me but if I'm competitive I'm Going to win this race and if you go to John Deon for Senate you could donate Regular but I also accept crypto through Coinbase Commerce metamask or whatever So that's all I want want to say I know They're getting ready for RFK Jr but Thank you for having me and I'll see you In DC there you have it right there that's Our very own John Deon and you can Support him at John Deon for senate.com As I have and we'll continue to do so Let's get this man in there because he Knows exactly what needs to happen and
He is a real leader now let's get past That and let's get to this this is about Decentral decentralized theater listen To blockchain associations jake trinsky Break this down right here and I think He's got this digital asset investors Got this right but listen to this clip That is in a way a good description of The term that Tracy used which is Decentralization theater and I think It's important to talk about that just a Little bit because I think what a lot of People do is they ignore the way that I Again think about decentralization which Is the absence of some Central party That has some privileged role in the Ecosystem and what they want to do in The scope of decentralization is pretend Like they are not playing that role but Then continue playing that role anyway Usually for regulatory purposes but Sometimes also for Community signaling Purposes or or other reasons and I think That that is a huge mistake Just Like Jesse said both operationally I think it Causes a lot of problems at a point when It is not necessary when as a Founder You need to be building as opposed to Dealing with a community of token Holders who are causing headaches for a Bunch of reasons um and also like I said It's it's not always necessary So and I think that ultimately if you Have conversations with Regulators your
Attempt to pull off decentralization Theater will actually give you more Trouble in the end than just being Honest about what you're doing y being Honest about what you're doing I'm not So sure about that Jake uh Ripple tried Being honest and transparent and that Didn't work out so well for them over 100 to 200 million in legal fees later Best advice until Congress does its job Move move Offshore sorry but that's the Truth now let's switch to some Ripple Xrp news very quickly Here now we know the expansion and the Introduction of uh ETF spot Bitcoin ETFs Have taken off like a Rocket and that is going to be a Continued development I believe into a Full-blown Market of not just Bitcoin But crypto ETFs basket ETFs you there's Going to be tons of different products Coming you can bet on it index ETF you Can it's all coming you can see it this Is just the beginning but that also Means that in order to do all of this Smoothly you're going to be making Payments transactions and more and more They will become Digital and understanding that we switch From int producing a new set of Investment products like ETFs for which I believe will be xrp and thousands of Other
Cryptos but I want to look at the idea And understanding that we know Ripple And xrp are set up to serve the world And settling payments and moving value Whether we're talking about clearing and Settling derivatives or whether we're Talking about just making crossb Payments right so we know Ripple Releases a billion every month uh out of Escrow they use what they need to for Operating expans expenses and expansion And things of that nature and then to The back of the contract the uh the Remainder of the escrow goes right I Want to run you through this very Quickly here as Ripple unlocks 500 Million xrp in March according to data Whale alert it says Here that uh Ripple deviated from the Monthly schedule program set for its xrp Escrow Services typically Ripple usually Unlocks 1 billion xrp for the first day Of each month before putting back 800 Million in the escrow wallets the tokens Are unlocked in three tranches 500 Million 400 million and 100 million Tokens or coins respectively after the 1 Billion tokens are unlocked Ripple locks Back 800 million in ex Escrow in three Transactions of 5002 200 and 800 million Or 100 million uh completing a total of 800 million right so like last month wh Alert service did not index Ripple's Token unlock of 1 billion xrp upon
Further analysis Crypt uh Crypt basic Discovered that Ripple unlocked 500 Million in March on March 1st so they Have a few more tranches that they could Open before putting it all back in that In in that regard but what I'm showing You here is not something that is Unfamiliar to any of us but the reason I'm showing it is because this is good Sound monetary policy that's the way I See this just like the FED releases a Certain amount of treasuries and then Buys a certain amount back right only This is Better now let's look at the Geopolitical landscape because what I Believe you're seeing with ripple and Xrp the digital asset is the Introduction of how you begin to prime The pump or the value protocol to Introduce liquidity and utility to that Network to that value protocol and why Would we be doing this at all well Because since Ripple's Inception and The Xrp Ledger Inception I believe it has Been designed to deal with the moment That we are quickly headed to now which Is a very fractioned fractionalized Payment World Mexico now wants to join Bricks Also now we just saw United Arab Emirates Iran and Saudi Arabia join and Other countries we know that 80% of the World's oil production is now inside
Coal bricks Coalition and they want to bring in Mexico wants to join now How do you deal with all of this Fractionalized payment world that's Starting to Unite the way it didn't Before brics is also predicting major Bank hard Landing recession for the United States states excuse me can't Talk this Morning a hard Landing recession what Happened to a soft Landing remember we Were supposed to get supposed to be a Soft is if if we if we have a recession They said it'd be a soft land now major Bank is predicting a hard Landing for The United States well that hard Landing Is going to be Hyperinflation we're not in a real Estate default swap crisis now like we Were in ' 08 09 no this is a dollar crisis this is a Dollar problem look I this is why I'm I'm I'm asking all of you to seriously Consider making the investment to coming To xrp Las Vegas now yeah it's real I'm Making the pitch to you why because I'm Going to sit down in a fireside chat With Chris John Carlo the co-founder of The digital dollar project and we're Going to talk about these impending Factors on the dominance of the US Dollar and how the government can move
In a way To make sure that the US dollar remains Dominant as we move into a new digital Age and I do believe with the Introduction of assets like xrp xlm xdc And Har and others Right this is where we're going look how Fast the world is moving to these things So it's not just us dealing with a Recession a printing problem with the Money there's also the world is aware of This China is pushing bricks block of Emerging Markets to become a fullscale Rival to the G7 and in fact they will because by 2030 They will be outpacing the G7 in GDP at the rate bricks is Growing how do you combat That it starts with how do you move Money around the World back in the day in the old days he Who had the gold makes the Rules Christian Carlos said it one time In a in a conference and we're going to Talk about it again he who controls the Payment rails runs the world are you With me listen to Brad garlinghouse lay It down payment flow that might be going From dollar to Mexican peso and you're Holding a dollar you're selling that Dollar and buying xrp you're moving that Xrp Across The xrp Ledger to let's say Bitso who's here in the audience today You're selling the xrp and you're buying
Mexican peso by enabling that liquidity To move from dollar to peso in real time You're changing how that oil is greasing The engine of correspondent Banking so for us in a world of hype in A world of experimentation in a world Where people talk about the opportunity And really the speculation of digital Assets we feel like xrp is the only Digital asset really poised to solve a Problem at scale a Global Payments Problem and there you have it right There right and look it's I know we all Know this but the reason I'm showing it Again is is really twofold today One they go a step further let's stay Here for a second and I hope you're Still with me because if you're going You know BR I know all of it well you Know what I'm showing you this because This is how freaking close we Are now he just told you what xrp is Designed to Do handled the payments at scale for the World and I just showed you how the World is becoming more fractionalized by The day through bricks Coalition growing Like a Wei and then here we see Ripple acts out On the idea that the world is taking Shape the way that we just looked At as HSBC releases that they announced That they're going to be launching a new Digital asset custody service with
Institutional clients who invest in Token I Securities and they're going to Be using Medico to get that done and we Know that Ripple also bought Medico we Know that Ripple also bought standard Custody and Trust Company because that is a real action That shows you where Ripple believes the Real next step is going to Be you don't go out and make purchases Of companies that can take care of Custody which is a foundational Block in Order to introduce institutions to this Space unless you believe as a company That they're about to need all of that Custody service and they're going To they're going To listen to this Quick Clip here from Uh David Schwarz confirming the Tokenization of real world assets is Coming and the need for custody is Absolutely now Ripple trying to be like A sort of One-Stop shop for Institutional adoption of crypto and Institutions are going to be the main Drivers so you need someplace to store It if there's cbdcs if there's stable Coins people are going to need places to Store them they're going to need Connections to on-ramps and off-ramps Payments liquidity Services it's we Looked at many different companies and Then uh in may we acquired Medico but Medico has so much more than they have
Those things of layered services with Compliance have this possibility for a Tokenization platform and this Integrating with payments and liquidity HSBC they plan to offer a custody Service for digital assets to their Clients it's kind of like a a layering Service what's great about that is HSBC Can do the sort of compliance part for Them and they're looking at things like Digital asset Insurance tokenized Commodities like gold tokenized Securities it just BC is extremely Interested in those types of projects Their Orion Project which was a Tokenized gold And I mean listen tokenized gold Derivatives security right I Mean it tickles me when I hear people Saying oh Ripple's failed or whatever I'm like well Ripple doesn't believe They failed that's why they bought two Gigantic custody solutions to offer it Inhouse under their own roof to uh to Institutional clients who I guess people Think this is not going to happen well What the hell did they buy all of this For of course it's going to happen we've Just never known when and speaking of Never knowing just like never knowing When the price is going to go crazy or Not but we're certainly grateful for all Of the direction and indicators and work That these technical analysts do like
Egg rag crypto I really am grateful for Them and we know that 75 $30 range is a Target range that people have talked About for a very long time and we we Know that getting above $120 or $2 Mark Is certainly super bullish for all of us But I wanted to show you something on Here that people don't like to look at Which is that 41 Cent Mark right There be prepared for xrp to take that One last dip if we are in fact going to The Moon not Financial advice for me or Anyone else I hope you'll join us in the Freedom Zone ladies and gentlemen oh my Oh my the United Nations again I have Said it for a very long time how dark And wicked this this organization is and You're about to get another peep of that Right now inside the freedom Zone not Financial advice from me or anyone else I hope you'll join us at dig Prospectives decom come on In all
