Welcome back to the show everybody check This headline out we got the Ripple and Faster payments Council new report out And you're going to want to see this White paper ladies and gentlemen 100 Agree blockchain plus crypto plus Payments equals xrp oh we'll see Somebody roll that beautiful intro [Music] [Applause] [Music] Digital perspectives with Brad kimes Come on in [Applause] Welcome back to the show everybody you Can follow us on Twitter and YouTube for Exclusive content right now 1.23 Trillion dollar market cap for crypto The market is off by 2.3 right now 28 000 slightly over for Bitcoin 1907 and Change for ethereum we see 81.4 plus Billion market cap for tether and xrp Has fell to 46 cents what's going on Here off by 4.9 on a 24 hour and off by 9.3 on the seven day but let me tell you Something I'm not discouraged because I Got something for us all to see today We're going to start with this it's Linked to where you can get private Equity behind the incredible companies That are helping to build out this space And put these amazing technology uh Advances to work in their business Models there's no doubt about it so
SIGN UP FOR A FREE 7 DAY TRIALGET YOUR .CRYPTO DOMAIN AT UNSTOPPABLE DOMAINS
TRADE CRYPTO ON BINANCE HERE "LOW FEES"
Whether you're talking about digital Assets fintech or gaming or artificial Intelligence this is the place to get it And by the way don't forget about link To itself because they're making it Happen 5 thousand dollar minimums you Can't find that anywhere in a private Equity investment opportunity you really Can't so make sure if you're accredited To get in there and get it while it's Hot and if you're not or not sure if You're accredited find out what an Opportunity you could be missing let's Get started here but after overwhelming Response for more access you spoke we Listen and people are jumping in in Droves you better jump into because Again as I said we sold out the Conference I told you we would and we Did listen here it is right here we're 14 days away Friday sold out the private group we Have is sold out the Saturday conference Is sold out but you can get a web ticket And join for the the conference itself On Saturday which is going to be amazing Do not mess around and get your ticket We're going to shut the door on that as Well I'm telling you I'm so excited look I'm just going to say a couple X Specter Dirk Bob way on stage you're gonna miss That you're gonna miss what's going on What they're doing or what Daniel Keller And casino coins doing inside the
Metaverse listen that's just a couple Things not to mention everything else That's happening John Deaton and so Forth look really encourage everybody to Get that ticket and participate it is Going to be a very very special special Day Link underneath the video you can go to The website as well Look right here Molly Elmore she finds This for Paulo apparently the treasure Stick found in Terra founder dalquan During a thorough body inspection shows It right here Gee whiz fella What's going on there I think it'd be a little easier to Remember the 24 words would it Oh boy meanwhile We know that the EU has passed Regulation for crypto it will kick in in 2024 but nevertheless that groundwork And that accomplishment that achievement By the European Parliament for the 27-29 Nations whatever it is at discount I Tell you this is a pretty remarkable Moment not just for the EU but for the World we're talking about setting a tone Setting a pace here Susan Friedman says While the U.S continues to focus on Enforcement instead of clarity the EU Has taken the big leap forward with a Sensible Progressive approach to crypto Regulation we look forward to building
And growing in the European Marketplace I reminded everybody yesterday on that News That the Ireland license that Ripple Went after would open them up to the Entire European Union jurisdiction Through that license in Ireland that is Extremely bullish at my house Then there's this guy right here boy he Laid it down now I played part of this Clip yesterday but I need to play this It's from the hearing on stable coins But what he says is so spot on we need To hear it all what he's saying he Touches it all right here let's hear it The debate around stable coins has been Incredibly confused it's probably been Harmful to Consumers it's probably been Harmful to the nation one of the Problems is with lack of clarity from Congress many things are called stable Coins which should not be what we need Is Clarity to Define stable coins so That we understand that stable coins Built right are actually not new and are Relatively mundane financial instruments If you look at Frameworks that have Worked like the framework from the nydfs These things look like conservative Banks maybe government money market Funds these are the sorts of things we Know how to address as a financial System and that is not the first time We've heard that uh said so there is a
Place for all of this in a regulatory Framework that already really exists is What he's suggesting here we can Regulate them in the current environment Our regulation is currently chaos for Stable coins if I am an issuer and I Want to create a stable coin I Technically don't know if I'm going to Be answering to a state regulator A Federal Banking regulator the SEC the Cftc it's unworkable and what this means That it pains me to say this as an American is that things are moving Offshore right now over the past year The biggest winner has been tether they Are offshore they don't work well with Us they facilitate some activity they Probably shouldn't but the chaos is Leading that stable coin to grow While Others shrink the other thing that's Happening is other countries are moving Into this space just this morning before The hearing I saw news that Russia is Exploring legislation to formalize their Ability to transact in crypto if we Don't take the field others will do so Before us and they may not be doing it In ways that we like So in the end this matters I would call Upon the subcommittee to think deeply About passing some sort of Bill about Stable coins we can't let perfect be the Enemy of good when one of our enemies Here is time right now doing this right
Will bring Financial inclusion through The dollar to billions of people Globally this is not just a U.S concern And it reinforces the strength of the Dollar in the world Listen it will help Us fund the deficit every dollar that Goes into stable coins ends up in Traditional financial instruments that We can use to fund our government like T-bills it will bolster our Reserve Currency status and it will ensure that If the blockchain continues to grow at The pace it has from 2012 to present the Standard of transaction on there for a Currency is the dollar thank you very Much I don't think you could lay it down Any better than Mr Austin Campbell did Right there Ditto you know yeah I tell you you can't But I tell you what this is going to be Good right here don't go anywhere this Is the white paper from the survey from Ripple and the U.S faster payments Council boy I tell you what you're gonna Like the highlights of this we'll move Through this very very quickly so we can All get the gist of what's going on here Here it is and I'm going to move quickly Here so we get to it we'll start at page Five and right here I just want to show Inside of this we're talking about a 350 Percent increase in just three years When it comes to crypto payment Transaction volume
That is a massive growth right there and It's only going to continue to increase And compound as we move further now Let's move forward here and go to the Next page here On six it says to hear other Ripple Research reports shows these gross Trends showing uh swelling payment Volumes increase this further emphasized The need for Global policy makers take Note according to the world economic Forum G20 leaders now prioritize Blockchain technology they're all Prioritizing blockchain technology Listen there is going to be something to Come here Broader stable coins adoption for Payments can likely be attributed to Cost savings let's do the cost savings This is just with stable coins Cross-border payments using a stablecoin Is up to 80 percent less expensive 80 percent less expensive That is remarkable that number you think This isn't mattering to Banks and Financial institutions oh I bet it is Then here 97 of respondents believe Blockchain technology and cryptocurrency Have a significant or very significant Role in enabling faster payments within The next three years This is remarkable 50 percent surveyed Leaders believe that the most Merchants Will accept crypto payments within one
To three years These numbers are remarkable look I just Want to remind everybody this is Ripple In the U.S faster payments Council you Know what there will be people that look At this report and say it doesn't say Xrp You're right it doesn't say xrp But I tell you something I don't know what kind of person really Would look at and read this report and Not understand that the max value of Savings working with a company like Ripple is to employ the suite of Products they've developed plus the use Of the digital asset xrp where Applicable to their business model and Payments to get the greatest level of Savings is it not well of course it is You think these financial institutions And Banks once the bow finally breaks as Bob way had said years ago it only takes Two once two start doing it they have The advantage and then everyone else Will fall like dominoes because they Know that they're losing look once two Institutions start doing it with the Ultimate savings they can give some of That savings to their end customer when You give some of the savings to the End Customer end customers have competition Then the competition is going wait if They're getting a savings and I want it Too this is how that happens I'm telling
You you know we will watch and see I'll Certainly make the video if I'm wrong But the ultimate goal is to use not just Ripples Suite of products but the end Result is the digital asset for the max Savings that's the key here and I think This is showing all of this is leading Us to that understanding now really Quickly I just want to touch on this on Page all of this is incredible by the Way but A quick and easy read you can download It too but here we see sentiment around Blockchain and sustainable growth when It comes to proof of work and proof of Stake protocols nearly every respondent At 98 acknowledge the environmental Impact associated with blockchain use oh 71 of that of that total group Shared that low energy consumption is Very important Again what's carbon neutral Dxrp Ledger what gives you the greatest Savings when you're talking about Payments Xrp being used in between is a bridge Currency you know this again is the U.S Faster payments Council and ripple There are those out here that will try To get you to believe Well just because Ripple did a survey With U.S faster payments Council doesn't Mean that Ripple is going to be working With them ripples already working with
Them where do you think this report came From You know that that's I tell you those People that speak that way have never Been in business They've never been in business and you Know what and they've never spent a day In their life even considering what it's Like to be in business and they'll never Get it You will have to make that speculation For yourself you will have to make that Leap and for yourself I can't do it for You and it's certainly not Financial Advice but if you don't see the writing On the world because a hundred percent Respondents agree there are benefits of Blockchain crypto and payments and by The way nobody else is doing it the way That Ripple's doing it Ripple in the Faster payments Council are working to Help shape the future of payments do you Think they're working with the faster Payments Council because once they get It figured out they're not going to be a Part of it Who thinks like that hey glad we spent The man hours and the money and the time To help you guys out you know I know We're not involved we just helped with The survey and right here let's listen To these numbers really quickly before We wrap this out 950 FPC faster payments Council
Subscribers representing 70 primary Business lines across 45 countries Are you hearing these numbers And listen to this Using proven crypto using proven crypto And blockchain Technology honed over a Decade Ripple's Enterprise grade Solutions are faster more transparent And more cost effective than traditional Financial services oh we like it a lot Ripple's customers use these solutions To Source crypto facilitate instant Payments Empower their treasury Engage New audiences lower Capital requirements And drive new revenue streams now who Doesn't want that You're telling me there's a company goes Up and checks that out and goes yeah I'm Not really interested Are you nuts Ripple is the only look at It this is what they wrote this isn't me Saying it Ripple's laying this down Yeah Ripple is the only Enterprise Blockchain company today with products And commercial use full stop Ripple's Global Payments Network Includes over 300 customers across 40 Countries and six continents write it Down and that's where we are on this day Ladies and gentlemen I tell you what I Can't guarantee you that xrp gets used To a great degree because it's not Written in the report but I'm like in my Odds I can tell you that because I
Understand U.S faster payments council Is a domestic payments and plumbing Lines for the U.S but I also agree that I believe that it is to organize Liquidity domestically so they can call On it for large deep value cross-border Payments for which xrp could play a very Very complementary role that's going to Do it for me make sure you hit the like And subscribe leave a comment below Share with somebody you know It's not Financial advice to me or Anyone else it's just my digital Perspectives
