Ripple/XRP- Lightning Network trouble?,JPM, MICA/$330Trillion Market, SEC Vs Ripple Big Day Nov 9th

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Welcome back to the show everybody check Out these headlines lightning Network in Trouble Jamie Diamond addressable Market Size sologenic buying a broker dealer ma Regs in Europe tap into $330 trillion Market USA tokenizing the debt and his Xrp the USA secret weapon I think so and How about November 9th it could be the Biggest day for the SEC versus Ripple Yet we got that and so much more Somebody roll that beautiful intro [Music] [Applause] Digital perspectives with Brad KES come On [Applause] In welcome back to the show everybody You can follow us on YouTube and Twitter For exclusive content right now we're Looking at private Equity the best Private equity in the world ladies and Gentlemen don't believe it it's still True it's linked to click the link to my Sponsor below invest in leading startups With affordable minimums broadening Investment opportunities for all and we Love that and I tell you what else too Don't forget about uh this the first Ever commercial space station yeah axio Right let's take a look real quick here I think we could take a look at that one Second here yes it's axium axium I tell You is building the first ever space Station and what an amazing moment

That's going to be in tandem working With NASA this is the kind of Opportunities that are Cutting Edge Ladies and gentlemen you could be a Person who is investing like a your own VC you become your own VC I tell you I'm So excited about it click the link below And get started no doubt all right now Let's take a look at the numbers real Quick it's $1.17 trillion market cap for Crypto the market is up 7% Bitcoin 29,800 plus ethereum 1600 plus and Change tether market cap 84 billion plus Right now xrp is 5 1 cents off by3 on The 24h hour but off or up rather it's Actually up 5.9% on the seven day now Ladies and gentlemen if you have not Joined us in the freedom Zone click the Link to join the freedom zone for less Than a cost of a cup of coffee per month This is a way that we can guarantee that We stay in contact with one another and Believe me you we are having Conversations that I wouldn't dare have On social media because of the Censorship that takes place out there And today we're going to have a very Real serious conversation about what is Happening to our country the United States of America who's really running It these days where are we in this can We save it at this point the 100-year Plan we're going to talk about it make Sure you join us and we're going to do

That right now all right well there you Have it and I hope you guys enjoyed that Make sure you click the link to find out More uh it's it's one hell of a story Moun up in there ladies and gentlemen You're going to want to know about it And here we see this talk about a story Mounting up here Ashley Prosper shares This where will you move when the light Bitcoin lightning Network fails asking Max Kaiser going to the island the E Island well this came out and this is Breaking here from whale wire says one Of the top Bitcoin developers recently Discovered a massive security risk in The lightning Network which triggered Him to announce his departure from the Project it says right here after writing The maale uh reply on the economics and Sequential malicious replacement of Honest htlc timeout I did write one more Test to verify the behavior in the core Meme poool and it works as expected Responsible disclosure process has Followed the lines of hardware issues Affecting operating system as documented With Link's kernel while adapted to the Bitcoin ecosystem effect now I am Halting my involvement with the Development of the lightning Network and Its implementation including ordinating The handling of security issues at the Protocol level I informed senior Lighting devs in that sense before says

Clos the very old issue which was Affected to me at this purpose on the Bolt repository here it says I think the New class of replacement cycling attacks Put lightning in a very perilous Position where only a sustainable fix Can happen at the base layer it goes on And on and on right so uh this is Looking to be a problem here I'm not a Developer so I can't confirm it we're Just reporting on it we want to stay on Top of this to find out because we know That there are obviously people using This but we also want to find out before The financial institutions get deep into Trying to use this as well if it's not Sound and that goes for any protocol and Here's JP Mor or JP Morgan uh Jamie Diamond here CEO fintech Company has Done a great job some of this stuff we Could have done ourselves as it looks Quite critical and we acknowledge that Take a Listen with respect to fintex now that We see a very different macro Environment with money being much more Expensive and and growth opportunities Not as evident as a few years ago um do You still think that finex have uh much To much to disrupt or innovate in in Financial services there are hundreds And they've spent tons of money and they Still have tons of money and I I don't Like as a group some have done a great

Job and we should acknowledge that some Have done a great job that you would I Wouldn't call them a fintech they're Something that the company came up with Which is fintech type Services yes you Know some have some some did stuff that We could have done ourselves and you I Think a company should be self-critical We could have done ourselves and we Didn't they beat us to or they simply Did it better you know and so I we Should acknowledge That should acknowledge that oh yeah H Boy I tell you but let's keep moving I Don't want to get my needle stuck They don't want you to hear what this Gentleman says about MAA implementation Date set for Q4 of 24 once regulation Like ma comes into play we could tap Into $330 trillion worth of Market Capture take a listen here maybe mace I Take I mean we are very positive Although we talk with institutional Clients we are very positive Institutional c yeah here in Europe we Have Micah the the new regulatory Environment is coming and this is very Powerful from Once Europe is more advanced than the US Uh oh and this is very important we are Going to have custody regulation we are Going to have Marketplace regulation we Have going to have infrastructure Regulation this is huge and we should

Take advantage we should not avoid going To the regulator and say look I'm Building this what do you think we we Know already what they are thinking so Let's go there and try to build things That are compliant And we can tap into this $330 Trillion uh that's a big deal but we're Not done with it yet listen to this here From the gbbc here uh listen to what They say about addressable Market size $1,700 trillion Market size set to be Tokenized over the next several years Ladies and gentlemen it's massive take a Listen uh th this chart won't be a Surprise to anyone in the today um it Really tries to capture the mammoth size Of the ma um Market opportunity um Addressing more than 1,700 trillion uh In uh in in in assets which are likely To become digital um digitization of all The world's assets traditional markets Uh adoption of crypto uh currencies and The tokenization of real world assets This is the size of the addressable Market and this is the market in which We see a huge opportunity to to Participate How about that now our TR really is very Well position to capture that market Growth because we really sit between and Bridge the uh the traditional and huge Opportunity traditional Markets uh adoption of crypto uh

Currencies and the tokenization of real World assets this is the size of the Addressable market and this is the Market in which we see a huge Opportunity to to Participate there you go ladies and Gentlemen that is arcx right uh Essentially at the global blockchain Business Council telling you what the Addressable Market is here right and Then we're going to hear this right here Which is Bob Ross from sologenic shout Out to him and I tell you uh this is Pretty powerful because we know what Solo genics doing tokenizing Securities And they say right here they're getting They're in the process of buying a Broker dealer take a listen uh so we Actually change change idea a little bit So right now uh there there two aspect That we are following there we have two Goals at the company that we are Following right now so one goal is we we Have created solonex which is the Institutional tokenization solution Allowing you know financial institution To bring uh any asset classes it could Be Securities it could be real estate it Could be Commodities onchain so that's That that's basically our institutional Uh solution that you know already Released that and we are in touch with a Few big players uh just just try to get Them out of the technology from the

Other side in terms of launching you Know our own tokenization platform uh VR In the process of acquiring a broker Dealer Fair uh you know we are we are Looking basically right now we are at The due diligence step so which is good And he goes on to say that it will just Be a pilot to begin with obviously so Regulators can take a look at it but This conversation is happening in on NASDAQ right so big things are coming we Are absolutely at a turning point and Speaking of a turning point I want you To listen to this clip here where Emanuel Daniel talks about tokenizing Debt and says the US is most likely Jurisdiction to do it take a listen Economy looks like I mean just to put That in perspective uh basically what I'm saying is that we are now entering Uh a global economy where the only only Way for States uh for any State uh to be Able to issue debt indeterminately is to Digitize it um you know and to make it Available to as many investors out there As possible and the state that is most Likely to do that uh out of desperation More than anything else is the United States so that there you go right there Ladies and gentlemen I have been saying This since before I had a YouTube Channel and I know a lot of you probably Tired of hearing me say it as much as I Said it

Tokenizing the debt on The xrp Ledger is One of the best ways to provide a floor Price for the asset Itself period full stop just like the Information that we learned about the Dtcc last week on the same day that the Case was dismissed against Brad Garlinghouse and Christian Lson we know that the dtcc settles over Two quadrillion worth of security Derivative products every year without Fail Ripple Stellar ethereum EOS and Other distributed Ledger protocols will Be used to settle those digitized Tokenized products in the future using Those protocols and more Right understanding tokenizing the debt Tells me that there's an opportunity Here because we do have a two-tiered Financial System I currently see it now and it Could change if we get more information They could do a wholesale Cbdc begin tokenizing the debt establish That cbdc at a certain denomination Price on the back end and you have quite The system to repatriate the physical Dollars to that digital wholesale cbdc On the back end and basically you're Issuing new bonds off of that new cbdc Isn't that right which is tokenized ing The debt that's how you do it then There's this quite an interesting clip Here listen to what David Schwarz says

About the challenge of the dollar if it Doesn't stay with the technology he Gives the same analogy that we've done Here for years about the music industry And what happened to the music industry When they thumb their nose at the Technology of digital file sharing and Streaming services take a listen things Out of the fed the United States has um Geopolitical issues with the popularity Of the dollar and if the dollar lags Behind technically that could become a Factor pulling against adoption of the Dollar so I think they're going to be in Kind of the position that kind of like What happened to Sony as they watch Digital music happen like they're like We have a solid position here and we Could lose it to technological Innovations and we we would love to sell CDs forever but you know if people want Digital downloads then we can't let you Know Apple become you know could be China in the analogy or or any of the Countries that would like to usurp the US role that's right they would like to Usurp the US's role as the dollar uh World Reserve currency no doubt about it Now look with that being said this is Where we're at this is the moment we're In and we're getting ready to get Michael regs coming very soon the United States I believe has always been in a Position where they're going to move

Last because they're the largest economy In the world and because the dollar is The world Reserve currency and when they Do make a move it will be Swift and it Will be quick when it happens I do Believe that now let's take a look at This speaking of Swift the SEC versus Ripple case has been everything but but You know what nevertheless it's been 30-0 Ripple winning undefeated so far And I think they will remain so but Looking right here you can expect Something important to happen says flip The chain here if you look at this the SEC and ripple intend to meet and confer On a potential briefing schedule with Respect a pending issue in the case what Remedies are proper against Ripple for Its section five violations with respect To its institutional sales of xrp and Respectfully request until November 9th 2023 to propose such schedule to the Court or if the parties cannot agree to Seek briefing schedule from the court on A contested basis so watch out for that Date and more information to come from That but let's hear about this Bill Morgan says based on Jeremy Hogan's Post which we're going to look at that Thread in just a second he doesn't see Any obvious appealable error other than In Ripple's favor in respect for of odl Sales which don't meet at least two Prongs of the hoe test the sec's

Prospects of success on appeal are very Slim and I feel generous today so I am Giving it 3% chance of success on appeal Well let's take a look at that shout out To him for that and this is attorney Jeremy Hogan right here we're going to Get a look at what he says on this Thread which is amazing he says for all Intents and Purposes the Ripple versus SEC case is Over yes important hearings will be held In the coming months deciding a judgment Up to $770 million is of course Important but your time and hand ringing Over this case is done in my opinion he Says here the SEC dismissed the rest of The case so there will be no trial next Year the facts have been set nothing new Or surprising will be coming out which Means the court will be issuing a final Judgment probably sometime next year Only Ripple needs to worry about that The case could of course settle any time Before the final judgment is entered That's one possibility if not both the SEC and ripple can file appeals the SEC Has indicated that it will appeal fair Enough so statistically what are the Chances of winning on appeal and here he Says here luckily we have statistics Which tell us as you see below the SEC Has a 14.2% chance of winning on appeal 14.2% and I think it's fair to say that

The manner in which the judge wrote her Opinion very fact-based at a minimum Does not increase that chance for the SEC and so what happens if the SEC Appeals next year and the appell at Court sides with it in 2025 this is why we love Jeremy here he Walks us right through it because of the Way the judge wrote her order the Appellant court would have to send the Case back down to the trial judge for Further judicial findings and Determinations read on he says as to Other distributions of xrp you can see In fn8 that the judge did not make Findings as to her second and third Prongs of the ho Only the trial judge can do that so what Do uh what would the judge rule who Knows but you'd have to think there's a Chance she would rule for ripple knowing She's already done so right same thing With programmatic sales if the appell at Court agrees with the SEC uh it would Still have to send the issue back down To trial for court further Determinations it says here suggests That the judge has given some Credence To fairs ripples Fair notice defense Then you have here uh then after the Judge makes a second round of judicial Determinations it can be then be Appealed again for Appel at court now With all issues ruled on and only then

Could the SEC win on appeal and leave With a victory unless Ripple appeals to The Supreme Court so the SEC has to one Not settle two win on an appeal 14% Chance three get through more hearings Four win on another appeal or something Like that and that's not even taking Into account a possible act of Congress A change of political regime or Something else I can't think of so That's why I say for all intents and Purposes this case is over unlike on TV A lot of legal cases end with a whimper And a drag on for a year after the main Issues have been locked in and I think That's where what we will see here P.S I Just learned about Emojis there we have it ladies ladies And gentlemen he says I've now done the Math and taking into account the chance Of a win on AAL surviving more Litigation and still being able to Maintain the lawsuit against Ripple in The 26 the chance of the SEC winning is Exactly 2.36 7% same odds as the Jets winning the Super Bowl there you have that right There that's not Financial advice for me Him or anyone else it's just our digital Perspectives and I just want to give a Big thank you to Jeremy Hogan John Deon Bill Morgan James filin and everyone Else out here at Fred RIS poy there's so

Many others I want to thank all of you So much for what you do we could not Have kept up with what is happening and Still happening in this case if it Wasn't for each and every one of you Especially John dayon representing over 75,000 of us right I mean pretty amazing We are a special special Bunch no qu no Question about it I'll catch all of you On the next One

**RIPPLE/XRP HAS BEEN CHOSEN TO REPLACE THE DOLLAR... ITS HAPPENING RIGHT NOW | CRYPTO VS WARREN**

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**RIPPLE/XRP HAS BEEN CHOSEN TO REPLACE THE DOLLAR... ITS HAPPENING RIGHT NOW | CRYPTO VS WARREN**

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