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Welcome back to the show everybody check Out these headlines here oh my goodness Oh my goodness we got some information For you and it's from this year R3 Swift Cbdc Pilots Master Card IMF what do they All equal up to Ripple but not just Ripple Ripple and xrp oh we got that in The xrp chart that'll set you sideways Somebody roll that beautiful [Music] [Applause] Inro digital perspectives with Brad KES 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 cryptocurrency market cap is $2.79 trillion the market is up 3% 7,300 Plus for Bitcoin right now 3600 Plus for Ethereum 104 billion plus market cap for Tether xrp back at the number six spot At 63 cents and we're off by 0.4 on the 24hour up by 6.6 on the 7day and we see The range of prices between 63 and 66 Cents we'll keep an eye on it we got 64 Cents on Fiat link so I want to let you Know right now about link to's private Equity and if you haven't done it go Sign up and register it is super super Easy to do all you have to do is take The steps to do it take the action stop Counting yourself out start counting Yourself in and go register and find out
Prove me wrong because it's not wrong it Is the one of the easiest things to do Is to qualify register with your Paperwork it's very easy to do and Submit that information to them and you Could start bu in private Equity today All you got to do is click the link to Get started underneath this video and go Get you some up holding Kraken yeah it's Still available and by the way the CEO Of uphold is going to be on the stage at Xrp L Vegas and so is the CEO of link to You know a lot of people are saying Because we know that Circle has filed to Go one public this year that this 2024 Could become an IPO season so maybe We'll get that conversation going on Stage at xrp Las Vegas click the link to My sponsor below and go get you some Upholding Kraken look at at This over 370,000 xrp has already been bridged to Corium unlocking defi capabilities that Leverage smart token Technology moving any asset from The xrp Ledger to IBC has never been easier Check the tutorial below to EMB Bridge The to 100 plus chains and ecosystems Shout out to all of the work that solo Henic and corium have been doing Bob Ross and Reza and the whole team Favio And the crew the the work that they've Been doing is obvious at this point and Uh for the record it has been stated by
Bob Ross that they were the first they Were the first uh to do this and not not Second or the last they were the first To make this happen so uh this is a huge Step forward for the entire digital Asset space this kind of Interoperability is the kind of Interoperability that we want to see Because we want that complete Integration of all the protocols to be Able to talk to one another whether it's Through ILP or some other Bridge right Some other connector I should say right Here we see the European Union is Planning to ban certain amounts of Anonymous crypto transactions shout out To procoin news for this one European Union bans Anonymous crypto transactions And state down here that the EU will be Able to enforce its law due to existence Of decentralized exchanges how are they Going to do it VPN tumblers and things Like that the ability to trade some Cryptocurrencies through paper wallets And Seed phrases however at the time of This writing European Union's new policy Proposal is set to fully take hold in Three years and the amounts that are Stated is that the EU bans Anonymous Bitcoin and crypto payments over 3,000 using self- custody wallets so That is going to require you to go Through some kind of formal exchange or Something at that point and make sure
That you are kyc cftl is the way I'm Taking this so uh more to come on this But this is the world we're moving to Ladies and gentlemen whether we like Some of this or not but then look at This we covered yesterday that Elon Musk Had shared the circle will be complete And I said wow how amazing would this be That you know we know Elon is going to Build X into a super app like WeChat and You'll use this social media app for Payments and everything all in one app And I said well that Circle wow is that Usdc that's going to be available for Transactions on the platform and it Looks like it because we get another Hint here from Dante desparte from Circle that says the at Circle is Complete so it does feel like this is a Unspoken but spoken uh relationship that Usdc is getting ready to be available on Elon's xplatform for all of us for Payments uh I see a plan coming together Here and I think you're going to see More of that plan but let's talk about This Bank of international settlements Where there's smoke there's fire it's Smoke Dog and he strikes Again discussing how a third-party Currency with sufficient liquidity is Needed for crossb payments you don't Say with all that in mind um how do we Deal with this issue of exchange rates And interoperability how do we get these
Digital currencies to really just talk To each other yeah that that's a that's A great question and and I think when we Talk about interoperability we can we Can see it at least in three different Levels so the first level is how we Manage domestic interoperability so how We generate this digital currency Solution and make this speak with the Other things that are out there in a Little bit in in the idea of generating A platform so that everyone can connect To that platform and take advantage of The huge Network externalities that we Can get out of there the second level is How do we manage crossborder Transactions even within the same Currency and that s a certain level of Challenges there but when we talk about Cross currency and cross border then we Face a completely difficult and Different environment and we can see Three dimensions here one is the Technical Dimension so how we manage to Get a system that speaks in a certain Cryptographic language to speak with Another that speaks another slightly Different language so that is one level Of complexity we need to get the Technologies to speak to each other the Messaging element is fundamental the Second dimension which is much more Complicated to solve so that one the First one was the easy one okay and uh
There is a lot of money that is being Put in terms of of trying to solve these Technical issues of of interoperability Now the second one is more complicated It has to do with liquidity so imagine That you have a pair of currencies for Which there is not a complementary Demand you need to go and search for a Third party currency in order to make This this settlement actually happens And this really complicates things so we Need to put pieces of technology that Can make more efficiency this use of Liquidity so that more transactions can Be settled the third dimension which is Even more difficult than the previous One is how do we manage to get Homogeneity in terms of the policy Requirements on different countries and This becomes even more complicated when We think about for example AML CFT and Principles based policies and when we Think about risk based policies we can Code things that are very clearly stated You know but when we're talking about Principles based regulation this thing Becomes really complicated especially in An environment as Tom said in which 110 Nations might have 110 different ways of Of looking at this so so we need work in These three dimensions technology Liquidity and also and more importantly Probably in the policy side of things Think about AML CFT but also think about
Privacy different countries have very Different views on this no they really Do and shout out to him for that let's Take this so ILP interledger protocol That's number one you got to have the Ability and the technology to be able to Talk to these different networks Right interledger protocol is for that That's why it was gifted to the w3c the Worldwide Web Consortium that is the Global standards body to oversee the Internet that we all Use gifted to the w3c by Ripple and Stefen Thomas liquidity third-party Liquidity he's pointing to the point That the most of the world is tired of Favoring the US dollar so they'd like to To see a thirdparty liquid liquid uh Option to not have to go to a national Currency Andor Global Reserve Currency and then third is Jurisdiction how do you deal with all of These issues when so many different Countries have so many different Approaches when it comes to uh Privacy and other regulatory Issues that's why we understand that It's going to be a multi- world after All you need all these different multi- Chains so these different respective Countries can design it to their uh Jurisdiction and their requirements of Regulation and laws and then you could
Have this setup for this Interoperability through the ILP Crossing Across The Ledger everyone's Plugged in that uh The xrp Ledger to Make a decentralized market big in Liquid so it can transfer value of Anything to Anything that's how you get the Liquidity that's how you revamp the Financial world and the monetary system Into the new Financial monetary system That's how I see it now let's take a Look at this because Central Bank of United Arab Emirates initiates the first Phase of its cbdc strategy with Partnership with our R3 and g42 Cloud Well isn't that interesting and the Digital Durham will be for retail and Wholesale Use and then take a look at this 2021 Document is from three years ago that's The document that keeps getting thrown Around when we're all being told that we Don't have the right to talk about this Here's the other the other fancy point About all this R3 and ripple used to be Partners r 3 had a 5 billion xrp option Contract that in my house is Pre-allocation right there they were Pre-allocated 5 billion xrp and they Were supposed to live up to their end of The bargain and they did Not Ripple took them to court to Separate that partnership because they
Did not live up to their end of the Bargain now there was a settlement and It's undisclosed what the amount that R3 Got to keep as far as that xrp but they Got Some we just don't know how Much and what do we find out here from Smoke Dog these notes from 2024 right Here and take a look at it look at this There's a plan issued stable coins by Late 22 based on R3 xrp Blockchain oh this is IMF international monetary fund ain't That something Something the sister agency to the World Bank which refers to xlm and xrp AS Global stable Coins you Know this is why I'm Here Swift Says the results are in the over the Last 6 months we've been working with 38 Global institutions on one of the Largest cbdc experiments to date and we Already know they're in the coexisting Phase of introducing Iso20022 Standard they go on to say here and We're really excited about the results In the second phase of the sandbox Testing we explore more complex use Cases we successfully used our Solution to Interlink and orchestrate Transactions across simulated digital
Trade digital asset and FX networks and Cbdcs for payments over the course of The project over 125 sandbox users made More than 750 Transactions Swift completed the pivotal Cbdc test Paving the way for the global Digital currency integration make no Mistake Global digital currency Integration ation is happening right now With the largest messaging system for The financial institution ladies and Gentlemen that's what's happening Swift Goes on to say here Swift has the Largest Network and strong C cash flow And it's not Swift saying this but the The report here that smoke dog sharing Swift has the largest Network and strong Cash flow it is possible that it can Acquire new startups like Ripple to Improve its services you can see it Right right here Right I have said you know a great uh Merger acquisition would be Ripple net Ripple payments as it is right now Right ask yourself this says Smoke Dog Why would Swift site Ripple and xrp Specifically in two different documents About improving crossborder payments if Ripple's technology was n in the plans Even a UC Berkeley video confirmed the Document was Legit here you see the stack right here Right Swift right here showing Ripple in The
Stack why would they do that they know What's coming you think Swift doesn't Realize how Antiquated their system is Decades and Decades of Technology Stacked on top of each other like a bowl Of spaghetti Noodles and then This showing it all Swift GPI settlement On Corda cryptocurrency example Xrp why would they showed that as an Example not because it's going to be the Only one but because they know it Works Swift knows it look at it this is Swift telling you they know it everybody Keeps looking at Price you going to jam Yourself up looking at Price this is Fundamental news right here and this Can't possibly show you on a chart What's really Happening okay so look Western Union Isn't going to go out of business Anytime soon they're going to adopt Different Technologies okay but this is Where the big money is it's not in Remittances it's in these businessto Business payments across border and That's why we have these kinds of Companies I could be more excited to be front Running the entire Financial system Before it actually adopts it here's more Evidence of good news jumping off Ripple Cited a few times in the new Mastercard Report you probably heard a MasterCard
Haven't you remittances in Latin America Digitalization multiple rails and the Strategic role of Partnerships as an Example of blockchain and remittances in Cbdcs xrp not directly mentioned however But that's okay we don't mind look at Them right here note there are some Other Ripple payment users listed too Ria mentioned a dozen of government Consulting Cbdcs and you can see right here Ripple's right here look it's all right Here Ria Right look SBI using ripples Xrp oh oh goodness imagine putting Yourself in a position here where all You can think Is the price isn't going Up because the the the white Catalyst The white swan Catalyst that were're Looking for where we've always talked About a Black Swan some very bad event Taking place a Collapse but the white swan moment is Going to have to come in the same time That the black Black Swan moment does Either before or after because if we Don't then it's just going to get really Really bad now isn't It this is this is where we Are the white swan catalyst is Regulation and legislation Clarity the Black Swan event is bricks Potentially dropping the dollar or
Project Sandman of over a 100 Nations Simultaneously dropping the dollar to Harm all of us and put us in a state of Hyperinflation with our Currency regardless of all the grace and Kindness that we've extended to multiple Nations around the world they don't want The dollar Anymore they if I'm sure of one thing This monetary system is not going to Look the same when we come on the other Side of this transformation we're moving Through now I can't pretend to know what It will be I know what I believe but That's different from what will Be there's a difference between what you Believe and what is actually fact and if Anybody's sure that I Am but I couldn't be more confident in What I believe today than I ever have Been in my whole life and I'm not Selling a used car I'm just telling you My digital perspective and that's the Truth and I'm always going to tell you What I believe is the truth but I do ask All of you to vet me to vet all the Information I share to vet all the Different people you use as resources Including Myself look at that chart you tell Me who's frustrated here yeah I wanted To go I wanted to have my bags packed so I could have gone the first time I saw Sol it jump but I wasn't ready so you
Know what I did I bought this entire Time and then when this happened I Almost took some profits but I didn't Again and then I wrote it down and kept Buying all through this time and I still Bought something two days Ago so this entire time I have Continually to Accumulate and for those who bought Somewhere in this journey and said I'm Buying one amount and I'm stopping good For you you've got exposure but you're Not investing you're Gambling you bought a raffle Ticket I'm investing and I've been Investing in years in the technologies That I believe in and I tell you right Now when it comes to Ripple the company And xrp the technology I believe in it As much as I could believe in Anything and I'm super excited to watch It come to fruition and I'm hoping that 2024 will help bring this case between The SEC and ripple to its final Final Close and we can get on with watching The financial system adopt this Technology not Financial advice of me or Anyone else we're going into the freedom Zone ladies and gentlemen you're going To want to join us we're going to give This to you you're going to want it Today it's Elon Musk ladies and Gentlemen and we're going into some Technology that is just absolutely
Remarkable and changing people's lives It's lifechanging no doubt about it I Hope you'll join us into the freedom Z Zone all you got to do is click the link Underneath this video or go to dig Perspectives. and click the freedom Zone And join and help support the channel For almost next to nothing we'll catch You inside come on In all right
