Ripple/XRP-Why XRP Will Win, SEC vs Ripple Case Final Date, XRP $1.20

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Welcome back to the show everybody check Out the headlines we have for you today The Bis and the unified Ledger we're going To get into it and also how about the Final judgments when do they go in for The SEC versus Ripple we got that in so Much more somebody roll that beautiful Intro digital perspectives with Brad KES Come on in Welcome back to the show you can follow Us on Twitter Youtube and dig Prospectives decom for exclusive content At the top of the screen right now $ 2.72 trillion market cap for crypto the Market is up 2.8% 69,4 plus for Bitcoin 3,400 now for uh Plus for ethereum 106.9 billion plus Market cap for tether xrp's 59 cents We're up 1.6 on the 24 off by 4.4 on the 7 Day range of price between 5960 we're At the top of the range even though we Have a tight spread between the uh Ranging of price so we'll keep an eye on It I do want to let you know right now Tickets are flying ladies and gentlemen 25 days until xrp Las Vegas and with the Onset and the announcement of Ripple Launching a stable coin on The xrp Ledger and ethereum this year you're Going to want to get a ticket to this Conference so you can hear David Schwarz Himself tell you all the update Information that's going on and what he

Is excited about in the future when it Comes to the ever expanding xrp Ledger And the Ripple business model so this is Super exciting and what an opportunity This is think of this for a moment and If I could just very quickly and I won't Take long here but look at all these People Greg kid formerly of Ripple now Running for second district in n In the Nevada Jason cin CEO glint Congressman Wy niichel is going to be With us US House of Representatives Perryan boring from the digital chamber The Honorable Christian Carlo former Cftc chairman and the co-founder of the Digital dollar project in the United States David Schwarz himself the CEO of Uphold the CEO of UST the CEO of Miles Franklin precious metals will petruski The head of uh sales at link to Jeremy Hogan virtually and we see Robin Oconnell and Nancy Beaton and the list Goes on with John Deon and Joe and Doo And so many more let me tell you when is The next time you're going to see all of These people in a room Together you're not because that's the Way these things go and that's when we Put these events together this is why I'm telling you we do this for you and You have 25 days left to get your room At MGM stay right on site what a Beautiful facility it is best Restaurants you can walk right to your

Room from to the conference it's Unbelievable what a beautiful beautiful Facility get your ticket and by the way Future of digital asset benefit dinner I'm hearing there may be a band Performing as well as private dinner With Brad Garling house I'm trying to Confirm that so make sure you get your Ticket to have private dinner with Brad Garling house and all the other special Guests Including Congressman Wy nickel and The Honorable Christian Carlo and many Others and get your ticket it's a tax Deductible charitable donation you can't Beat it you're helping support the Digital chamber and you're having Private dinner with all these amazing Guests I tell you I can't wait for all Of it what a remarkable Whirlwind it's Going to be over those few days make Sure you get your tickets link is below Now let's talk about this because we Know fruition Productions just had them On the Channel and appreciate all They're doing xrp unleash new docy Series is coming soon and you know we've Seen a lot of people out here take a Stance saying you know enough of this Eth gate business Right this doesn't help Ripple's Launching a stable coin that's going to Be on ethereum and xrp ledger so what is The point of talking about eth gate well

I can tell you if you have an IQ over 39 I'm about to tell you what the point is Especially if you're in American Patriot And you have any children I'm going to Tell you what the point is eth gate Isn't about Maxi's fighting over which Network is better eth gate is about Holding our US government agencies Accountable because our tax dollars Aren't supposed to be used to pick Winners and losers in what is supposed To be an open free market I don't Believe e tokens are securities in and Of themselves but I understand to be Fact is that the public officials like Jay Clayton and William Henman and Others at the SEC overlooked an Ico Fundraise which was structured as a Security offering and held the rest of Crypto space to entirely different Standard allowing a token assembly line Of billions of dollars worth of projects To be launched off of that Network Harming every other project in the Crypto space side note if you ever want To know what Clarity can do for a Network just look at the eth chart on The day of the Henman Free Speech our Tax dollars are supposed to be used to Oversee the entire Capital markets with The same set of rules for everyone not Just the one centrally backed by JP Morgan and the communist China party the Goal has always been hash Level Playing

Field anyone suggesting otherwise has Clearly missed the Plot here's another trouble spot in this Space we have to wonder how it shakes Out what about tether take a quick Listen to this so there was a document Leaked that at one point uh bitfinex Leaked that showed that Paulo was one of The directors for dchain which is the uh It's a cryptocurrency focused offshoot Of Deltech Bank which is where tether Now Banks and so it seems that Paulo Might be connected pretty deeply to Tether's bank tell me about Stu hogner Their general counsel so yeah Stuart Hogner is the general counsel for Bitfinex and tether he has a history in Cryptocurrency and also in online Gambling he was the director of Compliance at escapa which was a online Poker company most known for being the Parent company for ultimate Bet ultimate bet got in trouble because They were giving some of their players a God mode that allowed them to see the Other poker's players cards which would Obviously be an advantage if you're Trying to play poker so that happened uh Well Stew was the director of compliance For escapa and then shortly thereafter He left this is all shocking because These are the people sort of Facilitating the currency that is the Backbone of cryp crypto um it's like the

Leading liquidity provider and what You're telling me is these are not savy Individuals for the most part that's Exactly what I'm telling You this is starting to look bad huh but Don't worry it gets way worse around 2017 okay people began criticizing Tether sort of seriously for the first Time and it started with someone named Bitf next on Twitter bitfinex has been By far the most vocal critic of tether And interviewed him to ask him what made Him first suspect something was wrong Starting in late March 2017 I noticed Unusual trading on bitfinex that seemed To match the trading that I saw on Mount GX when Mount gox lost banking I was Alert but had nothing concrete about Their banking situation until April the 5th 2017 when bitfinex attempted to sue Wells Fargo their lawsuit indicated that They bitfinex and tether had no banking At all and despite this tether continued To issue tens of millions of dollars of Tether despite bitfinex and tether being Unable to receive transfers I suspected Fraud and started my Twitter account so What do we make of all of it we don't Know yet but we do know tether has been Sitting outside of the regulated Framework that is normally required in This regard now it is a new prod well Not new now it's more than a decade old But you get the point it is a new market

With digital dollars and they do sit Outside of the United States but I just want to remind people The SEC scores major victory against Tara and Dal Quan Daquan and his company Terraform Labs have been found liable For fraud as the result of a two-week Trial this is the SEC scoring a major Victory here and for anybody that has That they're not in the United States They can't do anything about tether try Telling dwan that one he had a stable Coin Too now Ripple's getting into the stable Coin business now I don't need to play This clip but the point is and shout out To bank xrp and if you don't know bank Xrp is an OG in this space you need to Be following them if you're not uh Ripple stable coin I think is going to Be amazing for its business and and the Network itself self and the The xrp Ledger for sure um I don't have a Problem with that at all and I know some People are kind of confused about it but I'm not and I hope that soon you will Find the clarity that you need as well What I'll say is is that Ripple Stablecoin coming knowing that we see a Lot of congressional officials and we're Going to be talking to one at xrp Las Vegas directly about the opportunity of Stable coin legislation getting done Within this

Year you have to ask yourself does Tether make the cut will there be a push To launch tether on xrp Ledger or will There be an unwinding of USD tether and It floods into usdc and now Ripple Stable Coin I don't know what happens and I Can't pretend to know what happens what I do know though however is that there's Been enough information shared about Tether to understand that whatever it is If it's going to remain it's going to Have to come under some sort of Credential regulation if it's going to Uh stay alive at all now let's take a Quick look at this Santiago valz here Says uh Ripple makes money and this is All based off of um the stable coin Announcement here and I think Santiago Valz has got it right he says uh Ripple Makes money interest from Bonds on the Ripple launching their own stable coin Interest from Bonds commercial paper and Money market funds backing each stable Coin fees X USD if it's called X USD or Whatever they end up calling it maybe They just call it xrp and Peg it to a Different denomination like uh David Andado said we'll see X USD on The xrp Ledger and ethereum networks allow for Liquidity pools against assets like xrp Wherein they are the market maker even Better avoiding impermanent loss with The new amm custody Medico which is

Owned by Ripple now as a subsidiary Allows Banks to issue stable coins Safely custody digital assets put Capital to use on ledgers without having To dip in the capital reserves required By basil 3 clever yes it is then you Have this this is old throwback clip From Chris Larsson listen to what he Says and the way it applies with the Direction and everything that's Happening today you know it doesn't Ripple doesn't require you to ever use Xrp even a trade I me the thing here is That anybody in the Now using Ripple can Put a bid ask on of value from any ISS So for example somebody can decide you Know I'm going to make a market between United Airline miles if you know once United Airline miles are on Ripple I Hope they will be someday um to Brazilian real um you could go directly You don't actually have to go through Xrp but what we believe will happen is That most market makers in filling out The world of exchanging value from Anything of value again current IES um Merchant Reward Points airline miles Gold silver anything that you define as Value most people will actually uh most Market makers will use xrp because as a Currency without a counterparty it is a Completely unique thing in the protocol Just like Bitcoin is completely unique Um so again our our view of why

Math-based currencies are so valuable Isn't necessarily that they replace Existing currencies is just that they Have a very unique feature in that they Have no counterparty so the whole world The world only has to think about one Thing when it comes to bitcoin and Ripple is the the price in any any Microc in time you never have to think About the counterparty risk turns out That that is a completely unique thing That's never existed before so for why Is that important um let's say you we Use the example of of a farmer in Nepal Wanting to buy farming equipment from A Supplier in Kenya let's say um if you Didn't have the math-based currency even In an internet for Value you'd probably Have to go nepales repeat Indian repeat Indian repeat to British pounds British Pounds to Kenyon Shilling that's that's A lot of hops right you're going to lose A good amount of money on each hop you Lose value on every hop right because You're you're involving uh currencies With counterparties things of value with Counterparty um it'd be much better to Go nepes R to xrp through a market maker And then there's some other Market maker That has made a market between Kenyan Shilling and xrp now um Nepal and Kenya Are one hop away you're actually one hop Away from airline miles and everything Is one hop away that's where we're going

And that has never existed before and That is going to change the way the World moves money Forever it's nothing new that Ripple and Xrp has been mentioned with the largest Institutional players and although it's Not mentioned in this clip this is the Bis confirming the unified Ledger which Sounds a lot like The xrp Ledger and we Don't need to beat you to death with it But what I want to remind you of is I Did this search here because this is all Really breaking down the bis and what They're doing we know that they have Major projects underway now project Agora which is working with seven Central banks around the world on Crossborder payments not just intra Payments right this is involving crossb Payments between seven medal banks in The world major central banks in the World like the Federal Reserve in newor York so we'll keep an eye on it and Bank Of France right so we'll see what Happens there but I want to show this Because I put this to is the unified Ledger by the bis connected or built Around Ripple technology or The xrp Ledger because every project report we Look at usually you know is missing that Key information that we want to see so Badly and that's that's fine you know We're retail investors this is our job To try to find out as much as we can

It's like a game GR responds here and Says based on the information provided It appears that bank of international Settlements bis is developing its own Unified Ledger for Central Bank digital Currencies and crossb payments which is Distinct from Ripple's technology and Xrp Ledger it says bis UniFi Ledger is Described as being controlled by central Banks and is part of their efforts to Enhance global payment systems through Initiatives like project embridge really Now while Ripple is mentioned as is an Official member of the bis task force on Crossb payments and interoperability and Has been involved in discussions and Collaborations related to cbdcs and International payments there's no direct Evidence to suggest that the bis unified Ledger is built on ripples technology or The xrp Ledger instead the bis is Working on a new blockchain called The Embridge Ledger for its projects Focusing on different approaches to Cbdcs in the summary the bis's UNIF Ledger seems to be a separate Endeavor From Ripple's technology in The xrp Ledger but is it because this is Interesting here because James Wallace Told us a long time ago take a Listen coin yeah now where where xrp Could come into play potentially is when You're looking at crossborder cbdc so When you have a digital dollar and you

Have a digital you know real you know or Digital digital pound you you obviously Need to have some some way to interact Cross border so I think bis call this a Multi cbdc model um there it is the bis Called this the multi cbdc model which Is the embridge model which is also Being highlighted here that the bis is Working on a new blockchain called The Embridge Ledger for its Projects well James Wallace just told You that at least one of those models in Bridge is in fact The xrp Ledger come on In we shall See in June stable coins will become Regulated mbridge goes live in 2024 and Fed now and we know that Ripple and xrp Ledger are part of all of those things But will they be used at scale that Remains to be seen is launching full Scale in July of 2024 stable coins will Be moving real value and I would think For that to happen that means we're Going to have to have some kind of Legislation for stable coins before July 2024 gets here right we'll See then there's this let's take a turn Towards the case here the SEC versus Ripple will the court side with the SEC Now whether your court grants the sec's Remedies demands of $1.95 billion Against Ripple remains to be seen but Let's take a look at that number and we Know the number is ridiculous they do

Not Des deserve a $ 1.95 billion fine at The SEC and in fact Ripple could make the Argument they deserve to to get the Reward of a $ 1.95 billion fine because Of the sec's uh erroneous charges so We'll see how it goes however and I'm Sure that's not going to happen either But Nevertheless if the SEC is actually Demanding in the remedies phase 1.95 Billion as crazy as that number is if Ripple were to pay it it would be over Right but Ripple's smart enough to know That they don't have to pay it they're Not going to pay it at least not that Amount but the SEC will file its last Brief in the remedy stage by May 6 after This the court will then issue a final Judgment at a later date and we know That judge Torres usually takes around Two months or so in in her past decision So it doesn't mean that that'll be that Long but if that's the case and we could Be looking at July which is right around The time that we're supposed to see all This stable coin business crack off Around the world things are heating up Ladies and gentlemen and so is this on The chart just to take a look here for Meg rag crypto this is a xrp to BTC Chart returning to mean 21 EMA here Serves as a pivotal mean value for the Price between xrp and BTC acting as a

Point of convergence even amid Market Volatility whether during pumps or During pumps and dumps or regular Market Movements we often see price action Gravitating back towards this key Indicator in the current scenario the Price of the 21 EMA stands at 000012 Bitcoin with be Bitcoin and USD At 70,000 and for xrp this translates to Approximately 84 cents a significant Resistance level in terms of xrp USD Charts looking ahead if xrp BTC Continues its upward trajectory the top End of the descending triangle sits at The number there 0.0017 with xrpusd potentially reaching A120 this target holds substantial Importance within the xrpusd chart so He's giving you a correlation of Important key uh price points based Between the xrp BTC and the xrp USD Charts here that he's seeing so stay Steady 85 cents is com incoming and $120 is coming just try accumulate as Much as you can below a dollar he says And there's your chart you can see and Where we're sitting here wow if we touch This and then boom look what here look What we got last times these thing get Down in that little area there I mean It's all right there so this is a really Really exciting time ladies and Gentlemen what will it do we will all Find out soon enough cuz this here can

Only go so much further that's what I'm Seeing so it's not Financial advice of Me or anyone else right now we're going Into the freedom Zone and we're going to listen to some Very very important information inside The freedom Zone about this upcoming Eclipse tomorrow and this one's a lot of Fun so I want you to take a listen to This and all you have to do is go to dig Prospectives decom or click the link Underneath the video join us in the Freedom zone for almost next to nothing You get zero Google ads on my daily YouTube videos in here as well as the Extra Freedom Zone content to go along With it private access to a full t or Full private access to a telegram group And incredible community of super super Smart people all you got to do is click The button and come on In all right

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