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Hello this is Matt on the moon Lambo Channel when I jumped into crypto in 2017 one of my earlier fears is Purchasing crypto uh putting a bunch of Money into something specifically and Then finding out that maybe that was a Bad move and it was a coin that was Because it's useless just run on down to Zero perhaps rather quickly and so my Focus from the very beginning my Strongest interest in where I put my Most money most of my money investing in Crypto is into those coins that solve Real problems for real people where There there's a there's real Community Real usage from actual people and I Understand that most people in crypto Are just speculators and that's fine Actually I I I have no quals with that Some people like to rip on the entire Space because it's mostly full of Speculators but look utilities got to Get built out and most people aren't Builders so I'm not going to uh you know Complain about somebody being a Speculator when they don't have the Technical knowhow uh you know the Programming background to participate in That type of way uh I I think that um I Think that frankly speculators don't get Enough credit because they're the They're the ones that cause the Opportunity a huge part of anyway for Like very huge part of it they're the
Reason that there's this opportunity for Life-changing wealth more people jumping In learning about the space getting Exposure to the asset class but but the For me the big thing is like the big Question what's going to be around Decades from now because I I'll tell you This there are some things happening Right now that could make your xrp P Worth way more in the Future you know xrp it could be Long-term viability for decades if not Way way way longer than That just based on and I explain why as We go through this video but based on What's being built out right now if this Is done right and if we're right about Crypto adoption continuing and I firmly Believe we Are things that are happening right now Are of material Significance which will bring us to this Article from the Crypt basic expert sees Main reason why Ripple enters stable Coin Market uh then there is also this Headline here's how the xrpl amm feature Helps burn xrp and so as the vast Majority of you know uh xrp is Programmed to be deflationary well That's picking up a little bit but uh Before going any further I do want to be Clear I do not have a financial Background of any kind I am not offering Financial advice and you definitely
Should not buy our sell anything because Of anything I say or right I'm just an Enthusiast who enjoys making YouTube Videos about crypto related topics but Just as a hobby and just for fun all Right so into this first piece now I've Already made multiple videos talking About various aspects of what Ripple is Doing in creating a stable coin and I've Explained why it not only is it not a Threat for xrp not only is it not Ripple Giving up on xrp and and utilizing xrp As a bridge currency but it's something That is going to help help the long-term Viability of xrp and in fact any asset Including Ripple stable coin which will Be issued apparently later this year any Asset including that stable coin which Has to be issued it actually requires The usage of xrp literally that's the Way the the xrp blockchain is coded this Is a gigantic Plus you know ecosystems that have St Like notable stable coin Activity they they tend to do well They tend to do well so let me just get Through some of this here crypto author Panos mecos recently suggested that part Of Ripple's entry into the stable coin Market may be a rival may be to rival a Significant share of the 6.2 billion Doll profit usdt issuer tether recorded In 2023 mecis expressed this perspective in
A recent post on X following a Revelation of tether's estimated Earnings for last year Teddy fusaro the President of bitwise called attention to Tether's 2023 estimated earnings citing Records put together by analysts at Maelstrom based on publicly available Financial records and folks these Numbers are absolutely staggering it's Easy to see why Ripple wants to do this And also they've made it very clear They're not just just some sort of Fintech company although if you asked Ask Brad Garland house 5 years ago What's Ripple he'd speak about first and Foremost about how they're a fintech Firm doing this and that bridge C Currency maybe comes up you know all That jazz no no no now they they offer Enterprise solutions for all things Crypto that's pretty that's the that's Closer to the pitch today that's why They bought Medico uh in May of last Year for $250 million they're getting Into custody with that uh that's why They want to launch the stable coin They're trying to dominate everything And this will be very good for xrp this Is something that will just bolster the Entire ecosystem so let them get through A little bit more of this P continues Per the report tether witnessed a net Income of approximately $6.2 billion for 2023 the figure reflects a 128. 65% gain
From the $2.7 billion recorded in the Previous year fusaro emphasized tether's Achievement by comparing its earnings With the records of American Financial Behemoths like Goldman Sachs and Morgan Stanley he pointed out that tether's $6.2 billion profit is roughly 78% of Goldman Sachs ta's $7.9 billion Earnings for 2023 even though the stablecoin firm has Just 100 employees compared to Goldman Sachs which has a staff strength of 48,500 individuals oh folks the Landscape as it pertains to finance it's A change it has been for some time um It's just you know I I think that that Satoshi Nakamoto guy might have been Owned to something You know with you know all sorts of Financial opportunities with no Central Authority and then ultimately evolving Into the world of defi that we have Today which is just going to look like a Little babby by the time this is all Said and done fast forward another Decade it's going to look very different It's going to look like a much more Mature asset class but you know Ripple Is predicting what if memory serves I Think they're saying that by the year 2030 I think they said that they're Expecting stable coins to be worth is in The trillions two or three trillion I Think two
Trillion so Way more than it is Now so imagine that world though where That happens and if this stable coin in The xrp Ledger ends up becoming another Asset on The xrp Ledger which is clearly Useful and long-term viable that ensures That's one more thing that absolutely Ensures the long-term viability of xrp Makes it highly probable anyway not not Like 100% certainty but Yes mean there's not 100% certainty in Anything in life anyway anyway they Right here similarly tether's earnings Make up 72% of Morgan Stanley's 8.53 Billion earnings with 82,000 employees And here's a post from Panos xrp Community member and developer talking About this he wrote another reason why Ripple is going after the stable coin Market if done right they can take a Significant piece of the pie and Generate a lot of profit stable coins Are the most integral part of the crypto Economy and defi world so we'll see how Things develop here as the years pass And decades but aren't stable coins Likely to always be highly useful don't We need more of that on The xrp Ledger Isn't Ripple making that and look I Understand that going up against tether And usdc it's a daunting task but if There's a firm on this planet that can Do that it would be Ripple because they
Have more money than God Basically and good and that's good for Us xrp holders we we should want this And I'll just briefly mention this I've Been bringing this up a lot in videos Where I talk about this stuff but in Case you hadn't heard I just I'd be Remiss if I didn't at least mention this Guys remember with Tron which has almost No developer activity at all you might As well round down to zero basically Well it jumped recently into the top 10 Coins by market cap which it hadn't seen Since 2017 or maybe early 2018 somewhere There about uh so long time and it was Thought to be a dead coin but then it Suddenly wasn't now why wasn't it well It wasn't uh you know it grew back into Significance because it ended up Becoming the largest stable coin Ecosystem in all of crypto and it Actually jumped back into the top 10 Coins by market cap and so that tells You the degree to which speculators in The market care about this they care About healthy and vibrant and big stable Coin ecosystems that's coming to The xrp Ledger so even if it's not ever going to Be usdc okay Whatever fine Ripple's like whatever Fine you're not going to come we're just Going to do our own then awesome Fantastic love to see now usdc is Leaving Tron so who knows what this
Means for Tron TR tron's been going down Recently because of that that news broke But it it doesn't matter you can see the Point I'm making it's about the you know The ecosystems in crypto that do have That they do well that's a major major Major factor and for a coin to get into The top 10 in a world where increasingly Developer activity matters but this this This blockchain just doesn't have it That tells you something right and it Also tells you that developer activi is Not the end all Beall what about the other attributes Extrap is like it's just straight up Good for payments it is fantastic at Just facilitating payments blazing fast Realtime settlement you know when a Matter it's 3 to five seconds you know It's incredible and and there's already Real World Adoption and once something Becomes a standard for various use cases Like it's hard to supplant it and xrp's Been here over a decade lot of good Stuff here that's why I'm saying like Fast Forward decades out how is this not Way way way bigger as an xrp ecosystem That it is now something would have to Go disastrously wrong because everything Looks pretty fantastic right now so far As I'm concerned and look at this Headline from coindesk from a few days Ago stable coin growth is more important Cue for crypto bull market than Bitcoin
ETF inflows analyst well Al be gash Dar So stable coin environment does matter And and that's why like I understand That most people are trying to wrap Their head around what the implications Of this are so you know I don't actually Think people are stupid but sometimes I Did like just as I was reading some Stuff that was posted on X about Theories about why this is bad for xrp I Couldn't help but do a little bit of I Rolling um at the same time of course I Appreciate people in our community Trying to get to the truth and sharing Their thoughts but I'm like no that is Not what this is very good this is very Very good for xrp and The xrp Ledger Great for long-term viability you want This you definitely want this and so This this article I don't need to go Through the whole thing here but but it Is true stable coin GR Is highly impactful because what's the Narrative right now Bitcoin ETF inflows They're sitting here staying saying Stable coin growth is more important Here I'll read just the bullet points Right here at the top one of Three the supply of leading stable coins Usdt and usdc grew by1 billion in the Past 30 days twice the inflows to Bitcoin ETFs during the same time 10x Research noted number two stable coins Are tokens pegged predominantly to the
US dollar and are used as a bridge Between traditional currencies to Digital assets and liquidity for trading Three stable coins might be a better Signal for crypto demand than Bitcoin ETF inflows 10x research noted so look Take it for what it's worth and then Understand this is something that is Coming uh to The xrp Ledger in a very Substantial way and this is a known Factor leading into a bull Run doesn't hurt you know what I mean Definitely doesn't hurt and of course Xrp is scarce way less than 1% of humans On the planet have ever held any xrp at Any point in time and when it did hit Its alltime high uh over six years ago Almost at four bucks with almost no Humans and that was with uh when that Bull run started at the end of well Middle of December less than 700,000 Wallets there's now over what I think 5.2 million wallets all these years Later much bigger Ecosystem um it's so it's it's finite Barely any humans um on the planet in Crypto and and you know very small Percentage of those in crypto actually Hold xrp okay even though it's one of The biggest most successful coins in Existence uh which shouldn't be Surprising given that there's over 20,000 coins out there but it is scarce It really is scarce I know the number
100 billion sounds big and 21 million May not sound as big but I mean this is I don't think a lot of people like the Typical Speculator do they understand That each individual xrp is only Divisible by 1 million whereas each Idual Bitcoin is divisible by 100 Million so we're just talking about Where decimal places Are so there there's not that much more Xrp than Bitcoin if you're talking about On an individual unit with the smallest Unit of xrp being a drop the smallest Unit of of Bitcoin being a Satoshi or a SAT there's a little over 50 times as Much in circulation Now but if you look at 100 billion you Know versus 21 million well it's more Like 5,000 times as much literally Literally but if you consider the Individual units we're just talking About where decimal places Are it's not even close to that it's More like 50 rather than 5,000 that's Just how the math works out So so it's scarce uh you know ran really High to its alltime high six years ago With almost no humans making that happen What do you think happens as further Adoption continues and the scarce AET Continues to get burnt now I'm not going To make the case that this is the most Important thing about the xrp ecosystem Because I don't believe that it is but
It's a thing about it which I like and It's only going to become more important As more people jump in here but I mean It would take realistically if you're Going to burn all the xrp out there I Mean there been I've seen all sorts of Estimates out there it could take Thousands of years but it's a thing it's A known quantity and in terms of the Psychology of that which is going to Help bolster the xrp price I believe It's perhaps more impactful in that way People recognize oh this is a thing that There's going to be less Of yeah that's something that matters it Works for Bitcoin too even though Deflationary action isn't programmed Into Bitcoin it just kind of effectively Happens as people lose wallet keys and People pass away and stuff like that With xrp that happens too but it's also Coded into with every single transaction A little bit of xrp is burnt Forever and so it's picking up look at This here's how The xrp Ledger automated Market maker feature helps burn Xrp the recently introduced xrp Ledger Automated Market maker or amm feature Has a functionality that helps burn xrp Tokens when Market participants create New amm The xrp Ledger has taken another Step toward a deflationary model with The introduction of its automated Market Maker feature while this functionality
Primarily looks to provide liquidity it Also has a built-in mechanism that burns Xrp tokens contributing to its scarcity In a recent post on X Panos mecos a key Figure in the xrp community and Co-founder of anodo Finance highlighted The deflationary impact of the amm Feature um and here I'll just show you The actual post here you wrote did you Know when a new amm pool is created on Xrpl two xrp is burned instead of the Standard minimum transaction cost of 0.0000001 xrp amm create Must Destroy at Least the incremental owner Reserve Amount currently to xrp this is the same Special transaction cost as account Delete transactions since each amm Instance involves an account rout Ledger Entry an amm Ledger entry and a trust Line for each token in its pool an amm Create transaction requires a much Higher than usual transaction cost to Deter Ledger Spam which fantastic as far as I'm Concerned and again I'm not pretending Like that's the end all be there are a Lot of other greater reasons to be Excited but it's a thing and I just Wanted to mention it it's something That's in the news not to belabor the Point but yeah so that's why you if you Fast forward a few decades out the Things that that are in the works right Now are what going to are going to
Result in I believe xrp likely being Worth a fortune compared to where it is Now and nobody knows for sure what's Going to happen and I don't make price Predictions I admit I don't know but Don't these things bode well wouldn't You suppose anyway for the long-term Viability of xrp and the implications in Terms of price Action I think Yes and I bet accordingly and yes if xrp Goes high enough in terms of price uh Before we see that level of adoption if I'm to sell because it's an nutsize Portion of my net worth yes I'll sell I Will sell all of my xrp and then when The market tanks I'm sure I'll be more Than happy to buy at a discount I'm sure I'll be happy to do it all over again But in terms of long-term Viability yeah I do believe it's got it I'm not a financial advisor you should Not buy or sell anything because of Anything I say or right that would be a Very very very bad idea until next time To the Moon Lambo
