Join DigPerspectives Freedom Zone
Come On In!
https://digperspectives.com/
SIGN UP FOR A FREE 7 DAY TRIALGET YOUR .CRYPTO DOMAIN AT UNSTOPPABLE DOMAINS
TRADE CRYPTO ON BINANCE HERE "LOW FEES"
XRP Las Vegas Conference 2024
https://xrplv24.twotixx.com/?utm=YTDP
XRPLV Merch Store
https://xrplasvegas2024merch.itemorder.com/shop/home/
PureVPN:
https://billing.purevpn.com/aff.php?aff=44042
Gold & Silver
Miles Franklin Precious Metals
Use Code In Subject Box: “DigGold”
[email protected]
Glint-Buy,save and spend real gold and US dollars,digitally with Glint
https://bit.ly/3sUzhsT
CODE:DPV50
Linqto-Private Investing Made Simple
https://bit.ly/3E7sNgl
Digital Perspectives Mastermind Group
https://digperspectives.com/
XRPLHQ
https://www.xrplhq.com/
TI Project/ARK Plate
https://bit.ly/46YcxuL
UPHOLD Vault:XRP Holders Early Access
https://bit.ly/3xkZ4wD
Open AN IRA With iTrustCapital.com
Link:https://itrust.capital/digital
_____________________________________________
DIGITAL PERSPECTIVES EMAIL:
#xrp #ripple #bitcoin #ethereum #litecoin
#paid #promotion #sponsorships The above links are either affiliate or paid promotions and deals.
___________________________________________________________________________
Disclaimer:
I’m not a Licensed financial advisor. All videos on this channel are for educational purposes only.You should not buy,sell,or invest in any asset based on what I sayin these videos.You should know that investing
Welcome back to the show check out these Headlines while the dtcc which settles Over two quadrillion dollars worth of Derivatives plans to go live in the next Two months here oh my goodness you're Going to want to see this Ripple embarks On solving a $2.7 trillion problem on Another continent allog together this Just keeps getting bigger somebody roll That beautiful [Music] Intro [Applause] Digital perspectives with Brad KES come On [Applause] In welcome back to the show you can Follow us on YouTube and Twitter and dig Prospects.com for exclusive content Right now $ 2.74 trillion do market cap For crypto the market is up 5.3% we see Uh 68,9 Plus for Bitcoin 3500 Plus for Ethereum 105.8 billion plus market cap For tether xrp's back at number six spot We're up by 1% in the 24hour 2.1 in the Last hour and 6.7 up on the 7 day so We'll keep an eye on it range of prices We are moving at 64 cents ladies and Gentlemen just saying keep an eye out You never know we are at a crucial Crucial window according to the Technical analyst we want to pay Attention to the next couple months here
Uh looking at this it's xrp Los Vegas We're 38 days in counting ladies and Gentlemen the largest xrp conference in The world May 3rd May 4th 2024 and you Can get a discounted room at the MGM by Clicking that button right there and Stay right on site and have access to Not only the conference walk straight There from your room the best Restaurants and shops that you could Imagine in Las Vegas it listen MGM Grand Is on par with luxury and just Excellence right love the MGM Grand Property and uh so excited that we're Able to have it there this year but Don't mess around because the VIP Tickets are already sold out get your General admission ticket you know that This is going to be an incredible Conference and I want to see you there Make sure you get your ticket today Click the Link here we see let's start with this Ladies and gentlemen because you know What it's bittersweet what we understand About xrp's role in the new Financial World and and that role I believe is to Help in a crucial moment to relieve some Of the spillover shocks that have been Created from the massive money Printing And the overall stress when a national Currency also serves as a global Reserve Currency here we can see that 282 US Banks suffer toxic combo that could
Trigger a collapse with 900 billion in Total assets at stake now this is a Separate issue and I want to go into This and essentially what this is Highlighting is a toxic combo about the Fact that this is not just a couple Banks that are in trouble this is of the 282 Banks 16 hold between 10 and 100 Billion in assets and the majority of The banks on the less hold less than 10 Billion in assets the problem is is they Have hundreds of billion leveraged right Remember fractional lending is 10 to1 For these Banks so this is how problems Happen The bank recently revealed that its Losses in the fourth quarter of last Year were 2.4 billion this is according To New York Community Bank is clearly a High-profile name on that list and uh it Says here uh uh that um worse than the Previously reported 4.1 billion plus in Deposits have exited the bank in the Last few months so this is all talking About commercial property positions we Know commercial property since the Pandemic has really fell off Right so claros looked at regulatory Filings known as call reports for 4,000 Banks scanning fir firms whose Commercial real estate loans are over 300% of capital and you know what They're finding out it's quite a few of Them so the group then cross reference
With banks that also have unrealized Losses on bonds and Loans which purchase Or which push Capital levels under 4% so There are many different avenues that The bank banks are exposed here and the Problem is is you have something Systemic like evergr collapsing and Knowing all the central banks are Connected at the hip this could be a Cascading effect it just starts and Becomes systemic globally and here's a Quick image here of what a trillion Dollars looks like let me mute that here Shout out to graor Grox here that's what A million looks like here's what uh I Think it's 10 million looks like with a Suitcase next to it here's what a 100 Million looks like with a person Standing up now you get the idea size Right this here is what 1 billion looks Like and then it goes on to 10 billion And then obviously uh 10 billion there You can see the different stacks and This is what a trillion looks like now What's important about this is that to Add to the banking issues of the 282 Banks that have been shown to be upside Down like beyond their wildest dreams Right now there's also this part Fact what a trillion dollars of US Dollars looks like it's printed every 100 days here it is we're going into the Tank that much right every 100 days the Last image there it's that every 100
Days that's being added on unsustainable And the countries know it and they know It and so do the presidential candidates That are running right now RFK Jr calls Cryptocurrency the best hedge against Inflation And we all know why because specifically It's uncorrelated with the uh it's Actually it's it has a correlation which Is 180 degree correlation essentially With uh um with uh cryptocurrency versus The dollar Index so the worse the dollar Does the better crypto does right but Then let's take a look at this because Look now what are we looking at so we're Looking at problems inside the banking System with the way they've built their Capital structures right then we have Problems with the debt mounting a Trillion every hundred days right then We have bricks Coalition Pakistan has Formerly applied to join bricks and China in supporting its membership bid And then we remember also Saudi Arabia Back in January officially joins the Bricks Brock according to Reuters right And we know that they have the Petro Dollar agreement with the United States Of America along with other oil Producing Nations for military Protection C and return so this gets Quite complicated when you look at all Of these impending factors whether it's The geopolitical aspect of bricks
Whether it is the mounting debt that is Being from printed money or whether it Is the actual systemic collapse that is About to happen inside the banking Structure these this is a multiple Trifecta taking place here and something Has to be done you know uh Clinton Donley shout out to him he says it right Here tongue and cheek but but it's still Pretty Spoton US dollar differs from other Stable coins because it's not backed by Anything it's the meme coin with the Highest market cap and you know what He's Right something has to be done as I have Said multiple times now the gold Standard went away the Petro dollar Agreement went into place all of this Was done to elevate the status of the National I currency the US dollar so it Was done to elevate that status so it Could be revered and respected and used As the global Reserve currency of the World and for the last 80 years that's Exactly what's happened and the only Thing backing it is the Full Faith and Confidence of the United States Government that won't continue into the Future where we're going we are moving From a debt-based system to an asset B Multi-asset multi-polar asset setback System I should Say and if we're going to do that that
Means that the fractional lending at Some point has to stop the banks will be Forced to back stop everything they're Lending or at least cut it down to a Great Degree and we're going to have to see Something replace the stat replace the Uh underpinning of the Petro dollar Agreement and I think that that honestly Could be something like The xrp Ledger Call me Crazy but the more I learn the more I See happening the more I see it Positioning itself to serve in that Capacity because as a bridge currency to All the money of the world you could put The proper reserves from every sector of The traded economy onto The Ledger and You could underpin the confidence of the Dollar with those very real reserves and You wouldn't need to be beholden to Other nations and an agreement for excl Excivity of trading oil and then you Could remain dominant for the next 150 Years but this must be timely and it Must be done properly and the only way You're going to get that level of Liquidity out here is to make sure you Tap into the repositories what are Repositories places where value is Held banks financial institutions Investment firms dtcc Clearing Houses treasury clearing volumes have Grown 31% year-over-year reflecting
Significant growth during The crucial Period as the market firms evaluate the Implications of the sec's new clearing Requirements which they agreed to move To t+1 and ultimately t+ 0 here we see The US transition to t+1 settlement Cycles is two months away now May 28th implementation date Approaches all of this is moving to t+1 For faster settlement time to cut out The friction that has existed for Decades and the only way to do that is With New Market infrastructure for the Payment rails to use to be used and that Is distributed Ledger technology and in Large part I think it's going to be Players like Ripple and xrp Ledger xlm Stellar and you know the rest of them Right I think they all play a role in This Shift and this is a massive repository With over two quadrillion dollarss worth Of derivatives to settle every year so Imagine if xrp Ledger is used in this That you could use some of those Reserves of this Repository to justify the real value Underpinning a digital US dollar if you Wanted To three months in counting well we're Down to two Now ladies and gentlemen and Remember Ripple joined isda International swaps and derivatives Association to help the
Dtcc directly settle that2 quadrillion Dollars in derivatives Uh-huh then we see here onaf freak Ripple partner formerly MFS Africa is Tackling a $2.7 trillion Problem on a completely different Continent that's what we're talking About Here let's listen to Brad garlinghouse Talk about the repositories this is when He was back when he just first became CEO of Ripple take a listen as you know Uh Ripple is really focused on how do we Enable an internet of value how do we Make value move the way information Moves today and that's our big kind of Multi-year 10-year view of how the world Will evolve and it's really how to dial That back and to make it tactical and Real today and tomorrow and I think if You want to enable an internet of value You got to connect the repositories of Value and what are repositories of value Repositories of value as big as the Bitcoin value proposition is today the Banks own trillions and trillions and Trillions of dollars of assets so if we Want to enable an internet value we got To connect the banks there it is you got To connect the banks and that's what You're doing when you're connecting the Clearing Houses along with the financial Institutions and the banks and we're Working with over 50
Governments so how many of them are Actually working with ripple and their Central banks we don't know the answer And we don't get to know the answer but I'll tell you this and I don't say it as A as a Maximalist it's more than Bitcoin and when this thing gets turned On it's going to knock your lights out What's going to happen because as Brad Said Banks hold trillions and trillions And trillions of dollars and laying out In the first part of this video they're All in trouble so so they all need every Solution that they can get their hands On I think rippo and xrp become at least One of those Solutions not Financial advice for me or Anyone else uh this is the freedom Zone Dig perspecta.com you can join it for Next to nothing a great way to support The channel you get content every day You get my YouTube content every day Without any zero go Google ads zero Google ads right and you also get access To a full private full access to a Private telegram Group which is has an Amazing conversation going on in there You're not going to want to miss it You're not going you want to be around The like-minded people they got the Right pointed in the right direction They don't get hung up in dumb stuff This is the place to be there's no
Question about it these are some of the Most organized focused people that you Could ever want to be around and it will Help raise your game to be around them Because it's raised mind no doubt about It grateful for each and every one of You not Financial advice me or anyone Else I'll catch all of you on the next One
