Ripple/XRP-Ripple Stablecoin Launch-Coindesk Launch FUD Campaign,Brad Garlinghouse Fires Back

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Welcome back to the show everybody well The Talk of the Town is US dollar stable Coin going to be launched on The xrp Ledger and the eth network by Ripple but Let me tell you something coindesk is Out here and they're dropping fud like Crazy we got that and so much more Somebody roll that beautiful [Music] Intro digital perspectives with Brad k Come on [Applause] In welcome back to the show you can Follow us on Twitter Youtube and dig Prospectives decom for exclusive content Right now $2.6 trillion market cap for Crypto the market is off by 1.4 we see 66,500 plus right now for Bitcoin 3200 Plus for ethereum everything's bleeding Heavily today 106.3 billion plus market Cap for tether xrp at the number seven Spot is 57 cents it's off by6 on the 24 And off by 8.9 on the 7 day well we're Going to talk about it boy we got fud Coming at us all kinds of angles and It's because everybody's scared of the Power of Ripple in The xrp Ledger you Can bet your ass on that uh ranging Between 57 and 61 C right now we will Keep an eye on it you know what I just Bought some two days ago I think I might Be buying some again today you hear that Mrs backup I think I'm buying more xrp today if you

Can hear him in the other room I just Want you to know you know that's what I'm saying you know I'm buy some more Xrp you Know care what you say yeah uh oh there She is in the window there it is hey I Just I just mess in you Know I'm getting some I don't care what I'm doing it that's it look we're under 30 days to the largest xrp conference in The world and let me tell you something My goodness every day is setting a Record true story we have shattered not Past we have shattered last year's Attendance and I'm telling you this is Going to be remarkable ladies and Gentlemen get your ticket and with the News of this information of Ripple Launching a stable coin on The xrp Ledger my goodness this is going to be So big and boy if I got stuff for you to See today that you're absolutely going To love get your ticket to xrp Las Vegas Book your room right on site it's a Beautiful facility the best restaurants And entertainment walk right from your Room to the conference there's a link Right on the website xrpl vegas.com and Don't forget get your private dinner Ticket with the digital chamber and have Dinner with BR Garling house for God's Sakes you're contributing in a Charitable donation to the digital Chamber to continue to fight to stop the

Likes of Elizabeth Warren and the crypto Band she's trying to put in place help Them support that fight and it's a tax Write off you can't beat it and you get To hang out with Brad garlinghouse and The Honorable Christian Carlo John Deon Listen it's going to be a remarkable Night and there may be even more I'm GNA Be there if you want to hang out let's Do it come on get your ticket before It's gone Mark Phillips says this usdr Euro R pound R Japanese r Chinese y Yuan R and other stable Coins Plus The xrp Ledger xrp ILP evm Dex amm Iso20022 tokenized real world assets Equals internet of value and this is not An exhaustive list but massive change is Coming and he's absolutely Right at what point is Ripple declared To be a cify or CFM which is Systemically important Financial market Utility or syst system systemically Important Financial infrastructure those Are the designations he's referencing There and that all would stem from Fsock Financial stability oversight Council which was put together during Dodd Frank Act that's right and who is the Architect of that Michael sbar former Treasury official and then Ripple Advisor uh huh then we got the news Yesterday Ripple to launch US dollar Stable coin taking on $150 billion

Market currently right now today that's Dominated by tether and Circle now here's a fun fact I was Talking to Mr bxrp and we were going Over the numbers and we were saying okay So $150 billion stablecoin market right Now and we're at about two and a half to $2.8 trillion dollar crypto Market okay Well that's interesting to me because we Started to extrapolate those numbers and We know that it has been said by Brad Garling house and ripple here um the Stable coin Market is booming around 150 Billion today and projected to SAR past 2.8 trillion by just 2028 in four years 48 months from now now if you take the 150 billion uh market cap for for crypto I mean I'm sorry for stable coins right Now today right and then you look at the 2.6 trillion we're at in the total Market of Cryptocurrency this gets very Interesting because if we're going to Grow to a 2.8 trillion doll stable coin Market which is currently give or take The size of the entire crypto market Today that would mean if the numbers Stay in scale of one Another then that would mean that the Entire crypto space would would be4 to 60 trillion in size in order to have the Same siiz stable coin Market in four Years at 2.8 trillion how much of that Market capture does xrp get how much of

That market capture does the stable coin On The xrp Ledger get this is getting Good ladies and Gentlemen then this article came out From coin Desk shout out to ur uh for putting this Down well I'm going to tell you what He put this thing down like a Rabbid dog Boy he he he put coin desk down like Old Yeller took him out behind the shed yeah It's horrible what they've done here xrp Has plenty of Internet fans inter we're Internet fans now everyone but Ripple Has struggled listen to this you haven't Even gotten the first sentence and we're Internet fans and ripple has struggled To win real Enterprise Customers you know what it's obvious to Me that coindesk it look this article Goes on to continue to use verbage like This throughout it and you know it's Disgusting to be perfectly honest Knowing that Ripple has spent probably Close to $200 million at this point to Not just fight for Themselves and the use of xrp in their Business Model but to bring Clarity to the entire Space and how disgusting is it that Coindesk could turn around and throw This kind of fud back in everybody's Face oh it goes on let me look I'm just Going to highlight this in many ways Ripple's existing business model selling

Financial Services based around xrp Ledger as well as on demand liquidity And ripple net protocols is falling Short now we're falling short Ripple's a Billion flush in cash and they're Falling Short it this article goes through and Does that whole thing so you get the Point of what's going on here it is just Fud after fud after fud through this Article it's disgusting but what I want To do is take you to this because our Tour broke them down chapter and verse Over here he says so I've read cores is Article and uh it paints a rather Bleak Picture of Ripple and xrp suggesting Ripple is scrambling for relevance with Its new stable coin Venture but let's Dive into the claims and add some much Needed content text here Ripple has Struggled to win real Enterprise Customers while the article emphasizes Ripple's supposed struggles it's Essential to remember that Ripple has Formed Partnerships with over 300 Financial institutions globally and Includes big names like sander American Express I'll throw in Bank of America PNC as well doesn't exactly scream Struggle to me dwindling usefulness of Xrp boy I tell you coindesk is starting To sound more like these YouTubers out Here The xrp Gusto the Ripple gapo that's who

They are yeah dwindling usefulness The Narrative suggests xrp's relevance is Fading fast however xrp remains a top Cryptocurrency by market capitalization And is utilized in the international Transactions and liquidity management by Several Financial entities its use case Is ripplet uh on demand liquidity Service highlights its ongoing utility Not its demand Stablecoin as a desperation move Describing the launch of stable coin as A last ditch effort seems unfair many Major crypto projects are exploring or Have launched stable coins as a part of Their ecosystem expansion it's not a Sign of failure but a adaptation and Growth in a fast evolving crypto space PS is Paypal desperate too because they Launched a stable coin legal troubles With the SEC yes Ripple is in a legal Tangle with the SEC but it's far more It's far from the only crypto company to Face regulatory scrutiny moreover the Outcome of this legal battle could set Precedent for the industry indicating Ripple's pivotal role in shaping the Future of crypto regulation partnership Fallouts mentioning fallen through Partnerships without context might seem Damning yet in the rapidly changing World of fintank and crypto shifts in Partnerships are common as companies Pivot and markets evolve plus many

Partnerships are exploratory and not all Expected to last forever Ripple's Financial Services rarely used it says The claim that Ripple's services are not Widely uh used needs a closer look Ripple net and its OnDemand liquidity Service have been adopted by numerous Financial institutions for faster more Cost-effective crossb payments this Contradicts The Narrative of Underutilization the article might want You to think Ripple is in trouble but if You really look at what's happening Ripple is more like navigating a complex Maze than teetering on the edge sure There are challenges but which innovator Doesn't face them Ripple's still pushing Forward finding New Paths and Opportunities and it's not about whether They're stumbling it's about whether They keep moving ahead what worries me a Lot is coin Des saliency over Ripple Especially when Ripple has been fighting For the entire crypto industry for three Years they are fighting for what coin Desk makes money on I wonder if we will Ever see the end of this stupid Tribalism in realiz that we're on Blockchain we're all fighting together Against this old Legacy system that are So reluctant to run anything that this Is so spoton right here and I had to put This in on top of his article that he Shared shout out to artour for that

Public service announcement coindesk Released Ripple hit piece it's fud I Think it's pretty obvious from this Article that coindesk has some Journalists that are more eth and Bitcoin Maxi than they are journalists But lucky for us coind does does it make The rules and once the rules are clear For digital assets everyone's going to Find out who's desperate or not around Here here you go coin Des this may help You in your search to find unbiased Journalists zip recruiter link Below remember This Consumer Financial Protection Bureau yeah you know the same one that Clearly cited that Swift GPI or Ripple And virtual currency xrp can be used to Affect settlement and those transfers For credit unions and Banks there it is Yeah remember That that sound like failure to you or How about understanding the Deep Undertoe what's really going on here Michael sbar former treasury official as I told you architect of the Dodd Frank Act which birthed the financial Stability oversight Council which can Pass Regulations Michael sbar goes on and Leaves Ripple as advisor and ends up Becoming the vice president of the Federal Reserve boorder of Governors and His job is to

Oversee stablecoin Regulation don't believe me Vice chair Michael esbar calls for stablecoin Regulation right there it is right There this guy used to be an advisor for Ripple and ripple just announced they're Launching a stable coin and this guy is Writing the regulation for it from the FED Vice chair president chair how about That fed's bar Federal Reserve Bar sees Stability risk in private crypto stable Coins take a listen real quick here There's obviously a lot of innovation Happening in the private sector uh Around stable coins and we want to make Sure we can harness that Innovation to Improve efficiencies if we can in the Payment system and there you have it we Want to make sure we can Harness harness that innovation in the Payment System I mean am I missing something you Know because I don't think that I Am look that's going to do it for me not Financial advice to me or anyone else All I can tell you is coind des needs to Get on that zip recruiter link because I'm going to tell you what it's as I Said you let us get clear Clear clear legislation and regulation On what digital assets are and aren't And coindesk let's sit back and see Who's going to do what when we get there Because so far coindesk has proved

Itself to be a Bitcoin and eth Maxi Camp you better hold on to it while you Can because when we get a clear rules to The road you about to find Out ffo that's how we going to do it not Financial advice to me or anyone else We're going into the freedom Zone ladies And gentlemen dig perspective.com you Can join us too and today is going to be About setting your dreams your goals It's a quick way to kind of get really Focused I don't know about you but I get Up every day and I think about what I'm Gonna get done today I got goals and They're big ones and I suggest you have Them too we're going to figure out just How big inside the freedom zone right Here you can join us support the channel Dig perspectives. comom not find your Advice for me or anyone else come on In all right welcome back everybody

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