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Welcome back to the show everybody check Out these headlines Ripple and uphold Partnership and we got so much more what It all really means oh I think you're Going to love it somebody roll that Beautiful Intro digital perspectives with Brad Kinds come on In Welcome back to the show you can follow Us on Twitter and YouTube for exclusive Content right now $1.3 trillion market Cap for cryptocurrency the market is off By 8% Bitcoin now 34,200 plus what happened we're going to Get into what happened ethereum now 1,700 plus and change tether market cap 84.2 billion plus and xrp is 55 cents This morning strong like bull yes uh it Is up point 3 on the 24h hour and up by 12.6 on the 7 day let's take a look at What it looks like on Fiat link this Morning Fiat link little sleepy but Holding its own at 55 cents they say Here we'll keep an eye on it but you Know what link to private Equity ladies And gentlemen the best private equity in The world and right now you can get Uphold right now on link to all you have To do is click the link to the sponsor And sign up and get start started that's All you got to do that's why there's 378,000 registered users and about to be 380,000 cuz you're getting ready to sign
Up too aren't you yeah that's the way We're doing it click the link to the Sponsor underneath and right here we see A pullback ladies and gentlemen Black Rock black rock ey shares Bitcoin trust Has been removed from the Dtcc depository trust and clear in Corporation list that it was on Yesterday well what I say to this is is That careful ladies and gentlemen Black Rock and the other big players that are Out here this is the kind of games they Can play right they can pump the market By having things listed temporarily and Then they're pulled off right this is The power that the big money Players the Legacy investment firms have and this is What we better start getting used to Because now they're swimming in our pool Right and for much longer it is their Pool Like it or not right that's where we're Going ladies and gentlemen and as long As we understand that that's okay again I'm stacking my pennies next to their Dollars I understand what they're doing Here they were baiting a hook they got Caught baiting a little early and they Were told to take it down right but you Know what I bet they longed and shorted Everybody in that little move there you Can bet your bottom dollar they did but Then we know that Kathy Wood from Arc Investment
Is one of the first to file if not the First to file for the uh spot Bitcoin ETF so we'll see here but there's been a Change from Eric buunis who mentions That Arc just filed an amendment number Four to their 19 B4 looks like it is to Incorporate changes made to their S1 Which again were to address the SEC Questions said I guess I I just I guess Just want to make both documents be in Tune first issuer to do so so I don't See anything else to read into this so There you have it it's about consistency To hopefully get that approval for the ETF going forward we'll keep you posted And this is what the cftc has to say About a Bitcoin ETF the market is ready For it take a listen cftc commissioner Summer meringer welcome to the show Summer thanks for having me well I got To get your thoughts right off the top Of the show of this ETF excitement you Heard the markets check right there Bitcoin up over 12% what do you make of This well we've had um the Bitcoin Futures um trading for quite a while and I know there's an ETF you know that's Been been trading on that for quite some Time so and we've seen more and more Popularity so I'm not surprised that This is you know causing a spike I think Uh there's a lot of interest in these Products and you know the Market's ready Um for these products to be available
There you go and that's from a regulator So watch out ladies and gentlemen and Then here we have Pro crypto Advocate Tom emmer has been nominated to be the Next speaker of the house but it looks Like that's been pulled now so we don't Know who will be the speaker of the House I mean this is like musical chairs Over there you know the RS need to get There you know what together ladies and Gentlemen I mean my goodness lead from The front people I mean I can't believe I going to say it out loud but you know What actually I can believe it because It's Congress what are you going to to Make it that right oh boy but anyway We'll keep you posted as when they get a Candidate that actually says Hot Potato I'll catch it you know because that's What it feels like at this point right Is everybody's like no I don't want to Ruin my career you know and you do it All right then there's this is Nick Carrian here lead innovator at Swift We've played tons of Clips with Nick in It uh at Swift states that by the end of 2024 ladies and gentlemen it is almost November okay so by the end of 2024 14 Months from now Nick carrian is going to Tell you there could be 20 Central Bank Digital currencies deployed for use Interesting how it lines up with the Implementation of Micah take a quick Listen hi everyone uh I'm Nick krian uh
Managing director and head of innovation Uh at Swift and uh I I do what my role Describes uh Innovation and that means We sort of roll up our sleeves and get Our our hands dirty in in trying uh Trying new things and so therefore I Hope these comments will be a really Nice complement to the academic Perspective that we've uh we've heard uh So far uh in the session today so why Should we be caring about cbdcs I think The reason we should be caring about Cbdc is is we see a really growing Momentum globally in in this trend uh You can see some of the stats up here on The on on the slide so uh we follow Closely the uh the the tracker that's Done by the Atlantic Council and what That tells us is that over a hundred Countries are now exploring a cbdc Indeed I think it says on here 11 Countries have now actually launched a Digital uh a digital current currency And those are countries as diverse as The Bahamas and Nigeria and I think one of the stats That I found very interesting was a Survey done at the end of last year by Omfif and omfif is like a kind of Industry Association that promotes Dialog amongst central banks and on Fifth surveyed central banks and 24% of The central banks that they talked to Said that they plan to issue a cbdc in
The next one to two years which means That by say the end of 2024 we could see 20 or so cbdcs in circulation globally That is a powerful statement and shout Out to Mr Man give him a follow what is This 9,966 follow it should be 900,000 followers what are we doing give This guy a follow shout out to Mr Man For his uh great content and then here We have this it's Ripple co-founder look And you're about to find out why I have Always beli Rosie wait your turn we love You Uh Rosie ri's 43rd treasurer of the United States of America on the Ripple Board uhuh and I think we're about to Have a massive conversation of why and We get what she's going to say but right Now for today we want to hear from Chris Listen to chrison I am one of the Co-founders uh and currently the Executive chairman of Ripple since our Earliest days we really saw this as the Building of what we we would refer to as An internet of value where uh value Money um is moving uh like data does Today on you know the internet of data As we know it and we think that's Profoundly important uh because when you Look at today's world um I think we see It as like globalization is not complete Until you have uh kind of three things That are working together that you have
A really efficient and interoperable uh Shipping in uh infrastructure and we Have that with this uh beautiful Invention called the shipping container We've had that since the 50s where you Know every port Train Truck uh Factory Is interoperable with any other Port Train truck anywhere in the world um That's a good thing and has made Shipping incredibly efficient and Accessible second you need uh data to be Moving uh globally uh interoperative uh Essentially uh for free with access to Everyone that's what Internet Protocol Did in starting in the 80s into the 90s Fundamentally changing the way we Communicate but that's not enough we Also need to have money and value moving In that same way where every uh money Network is interoperable with every Other money or value uh Network anywhere On the planet um where everybody has Equal access to that internet of value Uh where costs are as low as they can Possibly be um so that every body can Participate um in that globalized Economy so we think with those three Things that are in place you truly have Uh globalization that works for Everybody and that's why we're so Passionate about working uh on this Notion of an Internet of value that's Fundamentally what we're doing here uh And I think over the last 10 years we've
Made great progress to that we're really Excited about uh what comes next in Terms of what that's going to mean for The average person And also what that's going to mean for Enterprises anywhere in the in the world To make what they do uh less expensive Faster more able to respond to their Customers uh so that everybody has um an Equal shot at participating in the Global economy and there you have it Right there from Chris Larson and you Know what echoed in this same statement Is Rosie Rios and I love Rosie but for The sake of time I'm not going to be Able to play the clip so we got to keep Keep moving forward here shout out to The both of them it's this massive news Here that helps to bring about that Standardization that efficiency that Connection Simon mcgoffin the CEO of Uphold announced yesterday we are Delighted to announce that Ripple has Chosen uphold to provide enhanced crypto Liquidity capabilities to underpin its Crossb payments and infrastructure for Multinational companies this is massive New shout out to Nick buedo there and You know what and shout out to xrp drops Who put this stuff out here too so give Them all a follow and Megan who's Amazing Ripple forges new partnership With uphold to enhance underlying crypto Liquidity infrastructure here's the
Official statement here it goes on to Say further but we all know what the Deal is here this is a massive Connection that will work 247365 helped to eliminate prefunding of Account we know with the onset of what Nick said uh from Swift right that by The end of 2024 there could be 20 Central Bank digital currencies you Think they won't be available through Uphold of course they will this is where I remind everybody here that uphold is a Prime broker essentially they're not an Exchange they are plugged into 30 plus Exchanges and make markets that's why it Has never been sued I believe personally Is because built that structure of that Company the way we see the traditional Markets built Prime broker all the Different exchanges tied in making Markets custody is separate right the Way a regulator and legislators would Want to see something put together That's why they've never been messed With I believe but more importantly what We see here is that for anyone who Didn't understand the gravity of Yesterday's news Ripple partnering with Uphold s solves this and it goes right Back to what we were talking about with The judgment and the odl decision that Institutional sales were a problem right According to the summary judgment our Odl related sales now considered
Securities David Schwarz responded back And said on the day after the Judgment Came down we're still figuring this out We don't currently have on demand Liquidity related sales with the US with A US Nexus and not being able to do so Is not really a huge deal we can still Do on demand liquidity in the us so long As xrp is never sourced from Ripple Directly right so we have solved that Problem that is what has happened here This is exactly right uh xrp sales Through Ripple solved through sales at Uphold following now clarified legal Guidelines of Ripple payments formerly Known as on demand liquidity to ensure Us capable regulatory Clarity to now go Live in the uset markets that's what we Witnessed yesterday ladies and gentlemen And as I said here in this tweet first Of all shout out to uphold shout out to Ripple for this connection I do believe That this is the workaround for the Actual decision at this point in the Case for institutional sales so on July 13th judge Torres ruled xrp in and of Itself is not a security and October 19th the SEC dropped the case against Brad garlinghouse and Chris Larson which They should have done a long time ago They should have never brought it but Nevertheless they dropped it uphold Announced during that time frame and Earlier that uphold Vault would be
Coming soon for xrp holders first now We're still anticipating that and I'm Very excited about it for it to come it Should be any day honestly and then here Today yesterday we get an announcement Of Ripple and uphold partnership for Liquidity for crossb payments and Remember and I remind you that uphold is A UK and US company they are a US Company two questions left here ladies And gentlemen when does Ripple buy Uphold and two uphold is a US company so When will US Banks and institutions Start using uphold for crossb payment Solution congrats to everyone this is Very exciting news and here as a Reminder I remind everybody Ripple Partnered with Medico months if not a Year or more before they actually ended Up AC iring them too I'm just saying Right I'm just saying and John Deon Rightfully chimes in it reminds us here Who was one of the first 10 employees at Ripple who's a huge seed investor at Uphold yep Greg kid that's right get the Picture you damn right we do John Deon And I remind you that we know that Uphold in the UK and the US uh Rishi Sunak here told us all a year ago that The UK is planning and has a goal of Being a global crypto Hub uhhuh don't forget about it let's Take a look at the prices right now and Where the chart is and what we're seeing
Here is to not get distracted is what EDG rag crypto tells all of us xrp will Melt faces take a look at this he says Zoom out we're looking at the onewe Chart here you can see what the bullish Pennant looks like and what the leading Indicator suggests would happen some Point but that some point if you look at The time range could be the end of 24 End of 25 even you don't know right I Mean so look and nobody's predicting Times all I'm saying here is really Echoing what eggr crypto has said here Breathe and zoom out and observe how xrp Is still respecting significant chart Patterns that's the deal he said before It leaves face is melting it's going to Put your emotions to the test challenge Your patience and measure your endurance And you know what I'm down for it that's What I say and by the way before we get Out of here join us in the freedom Zone Ladies and gentlemen and the hundreds And hundreds of others that are in here Now this is growing so rapidly you're Going to love it we're talking about Things that we've never been able to Talk about before without the danger of Censorship happening and today we're Going to continue the conversation of How a current presidential candidate has Been targeted over medical tyranny and Pointing out the fact that there are Very very real facts and problems with
What's been going on in the approach to The pandemic and everything involved With it and I won't say more than that Because we are on a social media Platform right here but I want to tell You you will not be sorry if you click That link and join the freedom zone I'm Telling you go to dig perspectives if You miss it go to dig perspectives. and I have the link there for you as well But you can click underneath this video And join the freedom Zone it is where You want to be the conversation's about To get very real and you will not Believe the factual evidence we're about To show you all right that's going to do It for me I'll see all of you in the Freedom Zone
