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Welcome back to the show everybody check Out these headlines the real cost of Socialism Sam bankman fraud and the Remaining charges you are not going to Like it spot Bitcoin ETF I bet you will Like it and xrp Ledger Milestone you're Going to love it and so much more Somebody roll that beautiful [Music] [Applause] Intro digital perspectives with Brad KES Come on [Applause] In welcome back to the show you can Follow us on Twitter and YouTube for Exclusive content right now $1.72 Trillion market cap for crypto the Market is off by 2% Bitcoin 41,9 plus right now ethereum 2,200 plus And change we see tether market cap 91.4 Billion plus number six spot is 62 C xrp We're off by 1.2 in the 2 24 hour up by 1.1 on the 7 Day range of price very Quickly 6151 on the bottom 6364 on the Top where about smack dab in the middle We'll keep an eye on it let's keep an Eye on this ladies and gentlemen I do Not want to see you miss the largest xrp Conference in the world May 3rd May 4th 2024 or the chance to participate and Donate to the future of digital asset Benefit dinner with the Chamber of Digital Commerce who are going to have Special guests Brad garlinghouse Michael
Arrington John Deon honorable Christian Carlo who will also be at the conference On stage along with all the top industry Professionals in this space if you just Get your ticket today there's so much Good news I'm about to give to you on This website I can't even tell you right Now but what I do know is and this is Not good news it will not take 124 days To sell this conference out cuz that's How many days there are till the Conference but it will sell out well Before then and it's obvious because the Ticket sales are extremely strong don't Mess around get your tickets today click The link underneath the Video then right here we have this we Start with crypto law highlighting uh Austin Campbell here who gives the Perfect Analogy describing what it's Like for the crypto industry in America Unregulated unclear uncertain and then That's going to lead us perfectly into Where we're going here in the same Position as if you were out with friends And you were going to play you know some Sports game and somebody tells you well We may enforce the rules of baseball or Football or basketball and we're not Going to tell you which in advance and Maybe some of them will all apply at the Same time it's unworkable and what this Means and it pains me to say this as an American is that things are moving
Offshore that's exactly right it's Exactly right then we look at this Little problem that just never seems to Go away ethereum founder vitalic butan Says the original web 3 Vision has been Lost Steven nof says here the original Web 3 Vision wasn't lost vitalic and his Cabal lubben and China covertly took Control of it in its Infancy and used it to defraud the World his virtue signaling his Propaganda promoted by crypto slate Media owned by these dictators hiding in Plain sight Well there you have it I don't think you Could say it any better you know this is The problem here and I would add to this You know in his own comment in vitalic Butter's own comment saying that Original web 3 Vision has been lost here It speaks to me in his own comment that It's his acknowledgment that eth gate is Real and that ethereum fundraising was Done wrong with the disguised whales That c calized it from the beginning There never was a decentralized ethereum It's a joke and it would be hilarious if So many people hadn't been hurt and Damaged because other projects were Suppressed to lift this joke of a Network up and that is the truth and That's not said as a maxi that's said as Someone who understands the full scale Of what's actually taking place here and
There's some crooked stuff that's going On here and that is not a speculative Comment how come no one in the ethereum Camp jumps up and says hey you know what I never knew the full story but that's Exactly what went on there they don't Want to say that because they can't Afford to say It because they understand that they've Helped prop up a fake centralized Network or a fake decentralized Network you know it's quite disgusting But not as disgusting as this well it's A close Second Jeremy Hogan shout out to you we Have prayers for your father we hope He's getting stronger every day man all Remaining charges against SPF will not Be pursued to trial listen to this boy Does it help to have friends in high Places these include charges related to One of the below SPS abuse of Love uh FTX High fees or his illicit payments to Politicians guess which one ah here it Is Sam bankman freed donated 100 million Dollar in stolen customer funds stolen Customer funds to us politicians however Today the US government announced They're dropping six charges against s Bankman freed and will not prosecute him For a political campaign Finance Violation doesn't it help to have Friends in high places because if that Was you or I they'd be pushing all six
Of those charges right up your ass Brick By Brick you can Bank on It and it just really get I it just Tears me up you know what I Mean I I told people all my life my Adult life there are only two kinds of People in this world it's the Hales and The Have Nots and I just read you about How the halves get It then we have this per judge Roff who Comes in with his Decision oh Brother how can a stable coin be a Security how can you buy something Pegged to a dollar and expect profit From it per judge Ray coff in the SEC Versus terraform lab's case a stable Coin is a security when you can stake it For a return on investment regardless of Whether you do or not that's what he Found and then we have steuart Alara Chiming in here he says I have no firm Views on the merits of terraform case But here are a couple of thoughts on Yesterday's ruling facts matter judge ROV does not criticize let alone even Site judge Torres Ripple ruling three The sec's forever crypto ground war Fighting token by token in lengthy Litigation is a Fool's errand driven by A quest for political power over sound Policy damn Stuart well I thought I could say Something you know me damn I felt I felt
Bad for a second reading that for G Guzzler and the SEC and then I was like Hey what are you doing don't no uhuh They deserve it steuart g gave it to him Let him let him give it to him Yeah that was good Steuart Fidelity Investments alongside Six other asset managers namely vanck Bitwise Wisdom Tree Invesco Black Rock Valkyrie all updated their ETF Applications with the SEC and what seems Like a preparatory move for an approval By the US Securities Regulator do we see a jaalen hide moment Here at all am I the only is it me Is it Me while the SEC is going after every Project scaring things Offshore creating all the vness and Ambiguity in this space while at the Same time preparing to let the largest Legacy players in the world go free with A spot Bitcoin ETF I mean if you ever Wanted to know who the SEC Is it is not protect the small guy you Know that that's a joke right I mean you Know they're beating down all these Little guys right who wanted to do it Right and they could put out a one Sheeter on the SEC website to clarify it All they Don't they start suing people most of Which don't have the money to fight the Way Circle or coinbase or or grayscale
And uh Ripple Have they don't have That but meanwhile you see where the Real narrative is here the SEC is about To approve all this spot Bitcoin ETF for The big boys right that's how you know The Tide's turning they have to show Their hand the Amendments for the spot Bitcoin ETF applications continue is Black Rock naming Jane Street Capital And JP Morgan Securities as the Authorized participant of for its own Exchange Trade fund should it receive The green light from the US SEC wink Wink coinbase says uh we're actively Preparing for the approval of to spot Bitcoin ETFs and uh we got you covered You know uh The Exchange is positioned As a key player for future spot Bitcoin ETFs with major Financial firms Interest of course of course they got to Get it from somewhere right yeah they're Going to buy it all up then you won't be Able to get It xrp Ledger has surpassed a key Milestone by exceeding 5 million nfts Minuted on the platform this is a hell Of a number here this remains a Remarkable Milestone given that the nfts Were standardized by Xls-28 two last year how about that one That's an impressive number to me and Here for how Capital Market hold on We're not ready don't jump out of the
Gate not not yet Sergey uh but here's The deal this is a great clip here of Sergey from chain link and what I want You to hear out of this clip is about The virtual virtuous cycle that is about To take hold here and you tell me Because this is what we're waiting for 2023 was the year of proof of concept 2024 is the year of going into Production and 2025 will be the year of Exponential growth that's what he's Talking about here and I love that Because all of this is based on use Case Utility and going live production And it hasn't got a damn thing to do With retail speculation come on in Important year for how Capital markets Use blockchain infrastructure for a few Reasons the first one is that they now Have dedicated digital asset teams I Know certain Banks and asset managers They have over a 100 people in those Digital asset teams and they have a Mandate and a budget so there's a lot of People now pushing for outcomes within Banks to see their digital asset kind of People investment and Technical Investment Go to the next level and this year this Coming year is the year where I feel That a lot of those teams will be doing Things in both Pilot and moving towards production the Other thing is that the clients continue
To make these requests of Banks and Asset managers and there's demand from Their clients which is what we said Before would be the main driver that That main driver has now essentially Formed into dedicated teams those Dedicated teams are now not only Servicing the demand of existing clients But they're trying to increase the of Clients interested in digital assets Listen so I think this coming year is The year where you really see this Virtuous cycle take hold of people Starting to do onchain transactions as Banks um the pilot version will be Cross-chain transactions and the Production ver version will be Transactions within the bank itself for Various cash management things and then I think that'll create a very good Foundation for 2025 where we will see Larger volumes in production at least That's my expectation there you have That and I'm loving that from ser and Chain link right there knowing that They're a big utility token as well Right and then that reminds me of CEO From Standard Charter you remember this When he blurred it out we could be you We've been using Ripple and xrp as a Medium of exchange for what like five Years now how that digital currency can Be used for crossborder trade uh going Back five years we had digital currency
Underpinned uh trade finance and money Settlement systems and using As a medium of exchange using things Like Ripple's xrp for example there you Go now going back five years right now Here's where you need to ask yourself The question would CEO of Standard Charter or any other Entity and ripple themselves sit in a Meeting five years ago and use these Things as an underpinning to trade Finance which they've done for 5 years Now and not understand what the price of Xrp needs to be to handle the full Volumes of standard Charters Business Daily monthly yearly you're telling me That neither one of those people Understand what the price would need to Be of xrp to handle those daily Flows Okay that's why I keep coming back to Monica long the president of Ripple here And her 2024 prediction Just like Sergey from chain link these Two must know something and we're going To see crypto will break the speculative Hype cycles that have defined the booms And bust for the industry since Bitcoin's Invention you hearing that one this is a Remarkable prediction right here from Monica Long I absolutely love It before the next crypto summer we as
An industry will break the cycle by Paving the foundation for real world Utility at scale Which entails solving for compliance Usability integration and existing Systems how about That super excited about where we're Going ladies and gentlemen but the SEC Is a real problem and that is clear Evidence still today in this information And what we see the jecko and hide that Is the SEC While they go after the industry and Play whack-a-mole by in uh regulation by Enforcement on one side and then on the Other side prepare for the approval of Spot Bitcoin ETFs for all the Legacy Firms to win at a level you've never Seen Before join us in the freedom Zone Ladies and gentlemen the real cost of Socialism you're going to get the best Example of it right here where we could Talk about it censorship free in the Freedom Zone it cost almost nothing go To dig perspectives. and click the Freedom Zone to join we'll catch you Inside not Financial advice or me or Anyone else I'll catch all of you on the Next One
