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Welcome back to the show everybody check Out these headlines Visa IBM Ripple Check AC wire cards Global Financial Messaging baas the banking network card Networks uh-huh we got all of that an Xrp 60 Cent they said it was failing Somebody wrote that beautiful Intro digital perspective With Brad K come on In welcome back to the show you can Follow us on Twitter and YouTube for Exclusive content right now $ 2.44 Trillion market cap for cryptocurrency The market is up 4 and a half% 62,939 Trillion market cap take that That is something 3,400 Plus for Ethereum 17.7% up on the 7 Day 97.9 billion plus Tether you can see most of the money's Finding a home in Bitcoin or some other Asset xrp 60 cents we're up 11.7 on the 7 Day loving that for us as We're sitting at 60 cents ranging Between 53 and 60 cents we're at the top And I hope XR ke xrp keeps pushing the Lid off of this thing For all of us and I want to remind you We're 63 days away from the largest xrp Conference in the world ladies and Gentlemen and I don't mind telling you The most immersive experience you're Going to have I want you to know the VIP Tickets are sold out but the two-day
General admission ticket is still Available I encourage you to make the Investment and get yourself a ticket This is going to be one of the most Important conferences you've ever come To because xrp LED New amendments new features changing the Integrity and characteristics of the way The xrp token and The Ledger work Forever transformational amendments Happening to The Ledger David Schwarz on Stage in a fireside chat talking about It this is a very very important Conference ladies and gentlemen I tell You that knowledge is empowerment and You have the opportunity to do that at This conference link below xrp vegas.com And take a look at this here as uh room Rumor today that Senator Warren is Meeting with none other than the Chamber Of digital Commerce today in DC well well well why now because Deon Is running for Senate baby that's why And I say to perryan boring and Cody Carbone and everybody over there at the Chamber of digital Commerce when you Meet with Elizabeth Warren today tell Her to start packing she wasn't your Friend yesterday and she wasn't your Friend a year ago and she wasn't your Friend two years ago and she's never Going to be your friend she wants to get You to work with her so she can take out The legs underneath a John Deon who is
Our friend and who is a real leader who Is a crypto Advocate we don't need a Senator like Elizabeth Warren and she Knows it and she only wants to be Friends now because she knows John Deon Can unseat her Ass Jim Kramer oh boy just listen to this guy There's underperformance okay okay it's Depressing I I don't want what has Bitcoin ever done for mankind do you are You ever bit own a Bitcoin phone WatchON Come here I need you I mean What well coming up United heal is uh Apparent you know it's not hard to see Jim Kramer in a confused State right because he's a Wall Street Puppet he says what he's told to Say right how is it that the inverse Kramer is more accurate than the real Jim Kramer because the real Jim Kramer Is a hack for Wall Street Bitcoin is becoming an Alternative currency on a global basis Says bloom ber strategist Mike galone Mone listen to what he says I got some Comments on this well can you just break Down this whole having thing I don't Understand how that's okay to do That well hello um Hello Alex it's it's In the code I have a son who's a Programmer I asked somebody says no it's The code Deb it just by by um bu code
Every four years the supply gets cut in Half so right now all the miners in the World will only bit create 900 coins a Day and on as of the having a cut the 450 so it doesn't have that high price Cure that you really see affect most Commodities and why most Commodities are In bare markets with the exception of Gold but it also on the supply side it's Just the way it's set up and as our Colleague Zeke false wrote out wrote Number go up well that's Bitcoin is Designed to go up but now it's becoming An alternative currency on a global Basis and the US is jumping in their Fray and also a key thing you have to Look at from a macroeconomic standpoint Is China is kind of pushing back Remember China is going for gold the Largest gold buyer in the world and they Were associated with this war and the US Is just approve ETFs and Bitcoin so you See where the world's going towards Intangible assets and Bitcoin is the Most significant in cryptos I would say That there's you know obviously you know There is some accuracy to that what I Would disagree With Bitcoin is not becoming an Alternative currency on a global basis And the reason I say that is because see Unfortunately for Bitcoin it has been Outside of the government system and it Has been the white paper that has talked
About it being anti Bank anti government Antiestablishment that's the whole Narrative behind it which I look the Libertarian to me thinks that's Beautiful however the problem here is This the spotcoin bit the spot ETF Excuse me continue to break records in Pushing Bitcoin to prices higher and Higher says buunis in a great interview From Tony Edwards here senior ETF Analyst says he breaks down the Performance he's basically saying you Know and I don't need to play it because What he's really saying here is that Bitcoin ETFs are melting faces and you Can't even compare it to anything other Than the gold ETFs when they came out And bitcoin's really crushing the in the Same result it's crushing the gold ETFs When they came out however this is the Point we need to understand as Bitcoin Surpasses the Russ Ruble to become the 14th largest currency in the world Remember this quote countries will not Give up their ability to control Monetary Supply they'll roll tanks into The streets first because it's giving up Sovereignty Brad garlinghouse and that Was him quoting Bernard Bernan the Former Federal Reserve chair who said That see that's the Problem now you and and I both know and I've got exposure to bitcoin I hope we All make a gazillion
Dollars but we know that there's some Things wrong first of all the settlement Time takes too long the transaction fees Are way too high so this has been Reduced to an investment product and That's Okay but you're not going to want to Keep running around saying that this is You know a currency for the World all that's going to do is make you A Target and I would suggest knocking that Off immediately that's what I would Suggest cuz you use this alternative Currency business and it isn't going to Do anything but make you a Target that That much I can tell You there's a story I could share on That have you guys heard the Story you heard the story about the bird Who couldn't fly he wanted all he wanted To do was fly to the top of this tree it Was a pheasant and pheasants can't fly Real high and he's sitting in this Pasture and he's looking at these bulls And a bull comes up to him one day and He says I can tell you're not happy What's wrong and the Pheasant says well I've always wanted to fly to the top of That really tall tree I bet the view is Beautiful up there and the bull says Well why don't you eat some of my dung And it will give you the nutrients and Things that you need to get strong
Enough over the next few days to fly to The top of that Tree well he takes the Bull's advice and Over the next few days a week or so he Gets strong enough from eating the dong From the bull just as he had said to fly To the top of that tree and he flies and He gets to the top of that tree and just As he sits perched at the view he's Always wanted to be at out walks the Farmer from his house sees his big fat Pheasant at the top of the tree grabs His shotgun shoots him right out of the Tree what's IMM moral to the Story might get you to the top But it won't keep you there stop saying You're an alternative currency that's The recommendation going forward Here hope you like it bricks began Creation for a new digital payments Platform now that's something real Because you got a coalition of countries Embracing that idea right and on their Way to this new digital platform they're Dzing the US dollar as quick as they can It's a very real threat the world is Changing in on the geopolitical stage Every second of every day very quickly Now which is why I find it to be so Important and so key that Ripple has Onboarded new Integrations for The xrp Ledger two of which have been disclosed So far this week and we know that they Are Axel which is bringing over 50
Different blockchains interoperable to The xrp Ledger and the Dex most Importantly because all of these chains Tying into the world's decentralized Exchange known as The xrp Ledger is the Goal ladies and gentlemen right and then We also know that not only that but we Have automated Market maker features That are going to be making their way to The Ledger in short order and ZX who is Going to help with the collaboration and The tokenization process of real world Assets on The xrp Ledger as well now why Would you partner with anybody for real World assets unless you knew there's a Great demand to do so and put it on The Xrp Ledger I'm super Excited and how about this take a listen To this how about stable coins on The Xrp Ledger listen now Brad Garling house Is so excited uh some investment in Cbdcs but when are you going to move a Disabled coins yes one down we have a Max Q control we are a Max q but When When yes There it is uh you know it's the uh I Can't speak on it but yes uhhuh and look This goes to me what I take from that is It's been very calculated what they do And when they do it at Ripple and very Measured remember they're the ones Forging ahead they're the ice boat
Breaking the ice the ice Breaker cre creating all this legal Clarity through their Case thank God they've had the fortitude To do it and the coffers to Boot I think stable coins are so close Just like real world asset Tokenization it is tokenization that's What it means and it's coming they're Not making all these Partnerships Because it's not happening now let's Pull back a little bit D Michaels Reminds us right here he says remember RP is the only cryptocurrency with Features and functionality to properly Serve as a electronic special drawing Rights from the IMF as a stable coin to Facilitate transactions between Multicurrency corridors and he's Absolutely correct on that take a listen To an older clip of Brad Garling house Expl because it requires Capital to get It there our view in the future is you Don't have to have this prefunding and Instead you can use a digital asset to Have Global liquidity on demand now we Build Upon A techstack an open source Technology called xrp xrp you originally Was built by some Engineers who had seen Some of the flaws of Bitcoin and the Challenges of scalability around Bitcoin Where Bitcoin today uh per transaction Basis you know it's rather slow and Rather expensive xrp is very very fast
About a thousand times faster per Transaction and a thousand times cheaper Per transaction the other Dynamic of Course of correspondent banking is some Of the more quote unquote exotic Currencies exotic corridors have been Left uh you kind of stand on their own And the liquidity in digital assets Could be applied to actually make that Much more democratized in a Level Playing Field Ripple's vision from the Beginning really has been to apply these Technologies in the same way that tcpip And HTTP are the Technologies Underpinning the internet of information These blockchain technologies will be The underpinnings of an Internet of Value where we have connected devices we Have connected information that will Allow payments to flow and as Norman was Describing you know if you're a large Corporation moving $100 million that's One thing if you're a if you're a you Know freelancer working in the Philippines doing design work for a Company in London and you want to get Paid $30 for 30 pesos Philippine Pesos If that's not a transaction that can Easily be enabled and in fact for the Companies that enable that they require The freelancer to set up an account and They don't actually pay it out until There's roughly a th oh My the next clip let's just take it one
Step further even if we did introduce AML regulation that was globally Applicable to all institutions All Digital currency exchanges irrespective Of jurisdiction I want to tell you it Won't really um what it's not going to Be able to effectively handle the Transaction risk oop sorry handle the Transaction risk um because all Transactions are being happening Underneath on the blockchain underneath These um digital currency exchanges the Transactions that are going through the Exchanges yes they're going to be Monitoring that type of activity but who Is monitoring the transactions that are Conducted on the blockchains themselves Uh there is no financial institution Today there's no company today with the Possible exception of Ripple Labs that Has been required by Regulators to Monitor and report on suspicious Activities that are being conducted on The blockchain oops has been required by Regulators to report all this Information isn't that something keep Listening Digital wallets they can be established On the blockchain by anyone from Anywhere they don't have to be um opened Through a digital currency exchange they Have Global reach once they're open for Instant access to crossb uh transfers And they're easily accessible via the
Internet I wanted to give you just give You an idea this is what a digital Wallet address looks like on a Blockchain um I've given you an example Here of a ripple wallet address here and There's a Bitcoin wallet address that's What you see on a blockchain the Cryptocurrencies are transferred from One address to another address and in Most cases there's no other additional Um identifying information associated With those wallets you can't even Determine with any degree of confidence Where those wallets are located because Of IP address spoofing it masks where The sender is based and it tries to it Shows that it's coming from a different Location so what was Ripple going to do You' see hundreds of thousands of these Addresses all over xrp Ledger um and Ripple we had to connect allegations of Uh unusual activity thefts crime fishing Scams pyramid schemes users reported Into US alleged illegal activity H we Opened a repository for them to deposit Their um their reports and we use that Then to create uh an investigation and To try and Link all of this suspicious Activity to identify culprits to ident Identify high level patterns of activity On xrp Ledger that could potentially be Suspicious given the information that we Had available to us well there you have It sounds like we're going to be act
We're going to be monitoring the Activities on The Ledger right yeah Remember the SEC was going to run a note On The Ledger Too that's from a few years Ago now let's see where we're all at Today like how how how's that coming Well here's how it's coming take a Listen here that's Visa IBM and ripple Right there that's what you need to know Now this is very low and hard to hear But to be perfectly honest you're Getting this this is what it is and he's Talking about the payments and how the Uh cooperation together is working this Is we've seen important Solutions emerge From this is it right here right I mean You know you you just you can't even Make this Up look at This IBM Visa ripplet it's all right Here they're saying that they failed I Where do you see it where do you see it I don't see it failing payment enablers Checks AC wire cards virtual cards push Payments digital wallets it's all Sitting right there emerging methods Waiting to Happen and the infrastructures used Visa Mastercard which Ripple's partnered with Both Baas banking Circle payments right Global Financial messaging system and Ripple blockchain base sitting right
There Sitting right there I'm sure it's Because they're not going to use it it's The same reason you don't see a McDonald's sign in here because they're Not using McDonald's they're using Ripple right you know the one that Everybody else is trying to suggest has Failed it's embarrassing isn't It it's embarrassing what our own Patience will not allow us to understand Because that's where we are ladies and Gentlemen it's not up to us it's up to Them it always has been And I can't wait and whether it's five Bucks eight bucks six bucks 13 27 39 We've seen all the Figures all I know is is give us stable Coin legislation and watch real asset Tokenization happen in the blink of an Eye and cbdcs be launched in other Countries because I don't want one here In the US and you watch what'll happen then cuz That's the moment I'm really waiting For we're going into the freedom Zone Ladies and gentlemen I hope you'll Jo Join us we're going to show you how you Can get electricity for free oh yeah and You know they don't want you knowing About this just like they don't want you Knowing how to make a car that runs on Water because those people have a bad Bad habit of coming up dead after they
Show it to the world we're going into The freedom zone right now not Financial Advice from me or anyone else I'll catch All of you in the freedom Zone dig Perspectives. come on in Welcome
