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Welcome back to the show everybody we're Going to cover the FTX debacle we got John Deon on the scene we got Hester Pur Descending from the ranks at the SEC the Truth is coming out you're going to want It and get this is a ripple IPO just Around the corner at SW we're going to Talk about that and the other things we Could be looking at and Eli mus says you Won't even need a bank by the end of Next year we got that and so much more Somebody wrote up beautiful [Music] [Applause] Intro digital perspectives with Brad KES Come on [Applause] In welcome back to the show everybody You can follow us on Twitter and YouTube For exclusive content right now I want To tell you really quickly before we get Started inside the patreon freedom Zone You can go to dig perspectives. comom to Join for less than the cost of a cup of Coffee a month ladies and gentlemen 20 Cents a day you're going to hear the Video I put in there which I feel is a Massive video you need to hear about why Oil went negative a couple years ago and What it has to do with the US dollar and The xrp Ledger you're going to want Every single bit of that click the link Underneath the video or go to dig Perspectives. and join us right here 55
Cents for xrp we got a $1.3 trillion Market cap for crypto the market is up 7% 34,100 Plus for Bitcoin we are waiting About those spot Bitcoin ETFs then Ethereum 1785 and change here we see Tether now sitting at 84.4 billion plus On a market cap xrp 54 cents we need to Stay above 52 cents we going to hear From two amazing technical analysts Where we get out of here today and they Are point to the Moon baby starting next Month even so sitting at 54 cents right Now off by0 6 on the 24hour 5.5 up on The 7 day let's get started ladies and Gentlemen we start right here Stephen Nay off here says laugh out loud you Were the question that stood in the way Of a Bitcoin ETF and the question has Been answered now that you financially Benefit from it being approved payday J That's right Stephen n off talking about Jay Clayton the former SEC chairman here And he's talking about in this clip Basically yeah it's time many questions Stood in the way but now it's time take A listen it's like Moby Dick right the Great white whale sighting and that is a Bitcoin ETF Jay Bitcoin soaring again Briefly over 35,000 on on more reports Slh hope SLP speculation of this white Whale Bitcoin ETF are we going to get it Brian I I think it's I've said that it's Inevitable the reason I have said it is
Inevitable is many of the questions that Stood in the way and and legitimately Stood in the way of a Bitcoin ETF have Been answered to what I would say is Sophisticated parties and many Regulators satis satisfaction oh boy What a load of stuff that is uh you know Look here you want to simple ver here's A here's a short version short version Is is now that black rock Fidelity and Vanc and vesco right now that they all Want it and they're ready for it Jay Thinks it's time right all of a sudden His opinion just happens to align with Not the people who wanted it when he was The SEC chairman but it align now with The black rocks of the world and now That they're ready for it all of a Sudden Jay's like yeah you know what It's it's time everyone it's time paid Wall Street puppet Right then there's this you remember the Library case and this is what's so Disgusting about uh what the SEC has Done here you know the efforts of Innovators and entrepreneurs to go out Here and start up a business this was a Great business and project the library Was a decentralized platform for video It was like YouTube but decentralized Almost makes you wonder why the SEC beat Up on it they don't serve investors so Could they have been doing some of the Same kind of eth gate motions free pass
Is this some kind of favoritism being Shown to a larger market player like a YouTube I don't know the answer to that But I tell you library has certainly Been crushed beyond belief because of it And this here actually is a release of Who voted for what when it came to to The library case shout out to Fred Rispoli for all he does the library vote Is further evidence that payday J AKA Coward clay wasn't the only sellout at The SEC as I've mentioned I'm betting Dimes to Donuts that elad royman sad Elad also voted to sue Ripple mark my Words it was a 4 to one decision and This is what it says right here and it Shows that Hester Pur was the only one That didn't approve and I don't know When it becomes available it'll be after The cases is over I'm sure as it says in The thread here but I can tell you this I can't wait to see how it goes but Hester Pur has put out a statement of Dissent on library and she expresses her Disdain of the actual troubling Enforcement actions from the SEC itself And as it has unsettled her and she goes On to talk about the fact that this Statement was long overdue and about how She wasn't able to speak publicly until The case was actually closed because it Was in litigation but she absolutely did Not approve of how they went about it And goes on to say that you know it was
Uh uh completely unnecessary that they Reached for $44 million in Damages for Remedies there but then ended up the Court said uh brought it back to $1,614 which the court actually approved You know for no reason for no reason This was not a fraudulent case nothing Even close to it and they chose to Demolish it that's why I have to wonder Was Library so powerful that it was a Threat to a larger player down the road Like a YouTube platform I don't know the Answer to that but I tell you with what I've seen out of the SEC nothing would Surprise me at this point and it Shouldn't surprise you either Elanor Terce says if this is how Hester Pur Feels about the library case I wonder What she'll come out and say about the Ripple case when it comes to an end Great point and I can't wait wait to Find out either steuart alera thanks to Commissioner Pur and says when you see Injustices like this continue in Non-fraud cases while consumers wait for Recourse from actual frauds perhaps it's Time to let ordinary rules of protocol Go by the wayside and speak out louder And sooner perhaps even with an amus Brief then John Deon chimes in and said Desense and open letters of criticism Are great and appreciated certainly Better than nothing but maybe it's time To get off the sidelines and take the
Extra step and file an amus brief as you Know 75,000 individual holders spoke up And had their voices heard uh in the in Court I think it's time someone inside Also speak out in court that is Encouraging Hester Pur to directly file An amikas brief against the SEC itself In a case that it should I tell you that Does need to happen and I hope that she Goes a step further and does it there's No question about it and here's the one And only John Deon right here and we got A lot to move through and you're going To need to see it all so let me move Quickly here John Deon breaks it down What's going on with the San bankman Fraud case I I love that you have those Brass knuckles uh necklace because oh my Goodness this uh you know one thing I Always try to tell people to me this is Not a crypto story this is a story of Unbridled greed unbridled hubis and also The the strongest wealthiest people in This country uh just they've been abused Us for so long Silicon Valley backed This guy they gave him the stamp of Approval and so I hope that this somehow This this this this this case brings out Everything not just one person but Everything behind him uh to show that The system is not only rigged but it's Arrogant as hell Yep 100% Charles thanks for having me Listen and let me tell you I was
Watching your show as usual and you Brought up the Taylor Swift effect if L He's got Taylor Swift coming in as a Character witness this boy is cooked and You are 100% right you've got two things You've got greed of Silicon Valley and Wall Street and politics and when you Combine those two elements which were Both behind this guy you get Bernie maid Off or you get Sam bakman freed and That's where we're at today it really is And you just can't say it any better and Look we got to move quickly because of Time here today and I want to play this Whole clip cuz John Deon absolutely Slammed it out of the park but we got to Move but he put it right where it is That is what happened so many failures Along the way checkpoints that should Have just been very simple due diligence That would have kicked up the fraud in This thing Wall Street failed Silicon Valley failed and the SEC absolutely Failed and so did the cftc all awarding Him licenses at the same time meanwhile Tether has refuted the claims being made Here against it uh saying that it has Not done any terrorist funding claims Following the US lawmaker's request for An investigation uh actually which was a Lawmaker's request that the Department Of Justice hurry up and wrap up an Ongoing investigation come on in thank You to Michael bran for that give him a
Follow and here's some quick clips from The one and only Michael S Bar formerly Of the US Treasury architect of the Dodd Frank act that birth fock the financial Stability oversight Council we site all The time and so does Elizabeth Warren About taking action against crypto and Stable coins this here is now the VP of The Federal Reserve Board of Governors And former Ripple advisor take a listen To this quick couple Clips I have for You about what is coming inside of the Fed I'm I'm really grateful for the Opportunity to be able to welcome you For the second day of this conference This is obviously a Time of great change And great promise for the payment system The Federal Reserve plays multiple roles In the payment system including as a Superviser of Banks and financial Market Utilities and is an operator of some key Components of payments infrastructure The research done by experts including Those in this room is vital in helping Us to understand what works well in the Payment system and what can be done to Improve It we introduced the FED now service in July to facilitate secure and convenient Instant payments we develop fed now in Response to a growing demand for instant Payments from both households and Businesses a hundred years ago the FED Facilitated payments by moving checks
Across the country by train fed now Represents new rails by which payments Can keep Pace with today's businesses And consumers the Federal Reserve has Now made these rails available Banks can Build on this infrastructure to provide Better services for households and Businesses now now let me move up very Quickly to this next clip here that you Want to hear and it's right here a coins As I have said in other remarks need to Be well regulated when an asset is Pegged to a government issued currency It's a form of private money when that Asset is also used as a means of payment And a store of value it borrows the Trust of the central bank so the Federal Reserve has a strong interest in Ensuring that any stable coin offering Operate within an appropriate Federal Credential oversight framework Federal Credential oversight framework where you Heard that at where you heard that at Right here right here on this channel It's exactly what I've been saying it is That what tether looks like to You Nope head on the swivel ladies and Gentlemen and meanwhile while that's Going on Twitter X aims to introduce Full payment and financial services by The end end of next Year think of it for a moment let's take A look here let's see if we can get this
To reload here I want you to see this From flip the chain here look at This look at all these places and States Here where they have a money transmitter License sale of checks and money Transmitter license right here in our State Maryland it's there look this is This is moving ladies and gentlemen and Then it goes on say inside of here Elon Musk wants X to be the center of your Financial World handling anything in Your life that deals with money expect Those features to launch by the end of Next year he told ex employees during an All hands call on Thursday saying that People will be surprised with just how Powerful it is now listen to what he Says because I thought to myself okay This is going to start out you'll be Able to send 10 20 bucks to one another What have you but listen when I say Payment I actually mean someone's entire Financial life must said according to Audio of the meeting obtained by The Verge it says if it involves money it'll Be on our platform listen what he says Here money or Securities or whatever so It's not just like sending $20 to my Friend I'm talking about like you won't Need a bank Account that's what's Coming Elon Musk gives ex employees one Year to replace your bank that's what's Going on then there's this Ripple May uh
Announce an IPO at upcoming Ripple swell In Dubai we don't know the answer rra of Common says here this year swell may be Very significant don't know what might Be announced but there are other there Are possibilities an IPO a Vera license Cbdc stable coin tokenization new users After a year of Silence we May gain more Detail if Ripple still considers itself Primarily a payment company blockchain Infrastructure company I think Brad Garling house likes to say so this is The stuff to watch out for that's coming Up November 8th and 9th is I believe When swell is so that's what's going on There and then as of October uh it comes To a as October comes to a close Technical analysts are really getting Exciting and let's take a two of our Favorites here very quickly it is dark Defender who's says uh hi all xrp Monthly parabolic parabolic SAR Indicator says xrp will go parabolic Soon closing above 52 cents monthly is Essential and then pointing to $8 plus Going up here to the Moon ladies and Gentlemen we love the sight of it then We go over to here and it's egg rag Crypto xrp diamond pattern from back in March and he's showing it again for a Reason because the charts are looking Like it they're both seeing something Very similar here and that's exciting to Me when I see that so it doesn't mean
That it'll happen right but what it Means is is that these indicators are Suggesting we should pay very close Attention so if you have any kind of Strategies in place you want to know to Be ready to execute depending on what They are right so not Financial advice From me or anyone else you got to make Sure you watch out for all of that stuff But right now I want to tell you to do This join us in the freedom Zone dig Perspectives. click on freed zone or Click the link underneath the video Today we are going to dive into one of Our weekend reviews inside the digital Prospective Mastermind group with Molly Elmore and I discuss why oil went Negative for the first time in history And Bricks G gaining in 2024 80% of the World's oil production and why the xrp Ledger is designed and per set up to uh Uh underpin the US dollar so we no Longer need the Petro dollar agreement You are not going to want to miss that You can go to dig perspectives. comom And click right here on the freedom Zone Ladies and gentlemen join us inside You're going to love it we love you have Having you there and I tell you it costs Next to nothing for us to stay in touch And there's zero Google ads on the Videos in there so you watch seamlessly As you move through it and the comment Section is clean there's no scams and
Bots like on YouTube so we can see a Really great conversation going on in There we absolutely love it I'll see you Inside I'll catch all of you on the next One
