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Ignition sequence start 6 5 4 3 2 1 zero Lift off we have a lifp [Music] Off hey everybody this is the digital Asset investor and I'm checking my Volumes and this this part of the show Is dedicated to Mr B who says it annoys Him when I check my volumes which is why I do it often now okay um before we get Going my one of my sponsors miles Franklin precious metals you're gun at The end of this show just like the end Of yesterday's show uh you might be Thinking about gold um so I have a code Dai gold you can email info@ mfranklin Um or just look in my description this Is a line of people in massive lines From across China as Citizens rushed to Buy gold in an effort to preserve their Wealth amidst a declining economy how Long until they start finding ways to Obtain Bitcoin uh the Fool's Gold I like this Tweet from Bill Morgan interesting Interesting take here no appeal will Disturb the finding xrp itself is not a Security you are correct the SEC said it Will not appeal that finding the market Took it into account as the short-term Price Rises showed I think the market Did care about the lawsuit but the Impact on xrp price was baked in by Early 2021 when the lawsuit ends though Regardless of the penalty I think the
Market will react positively the market Needs to see legal Clarity on the status Of the asset itself the lawsuit finally Ended three xrp being sold on exchanges For ripple still uh able to sell its xrp And use xrp in the crossb payment and Liquidity Solutions in the US and not The subject to business uh was that St Stultifying St Stultifying nullifying permanent indu Anyway I don't know if that if the maybe I've just not ever heard of that word Okay anyway we only have one and three Now thanks to judge tor two and four Will unlock the Deferred massive impacts Of one and three the lawsuit still Matters but xrp can reach alltime high This year without two and four I totally Agree if you can reach 384 or whatever the alltime high was With nothing you better believe you can Reach it Now with we're we're thousands of miles Ahead of where we were in in January 2018 when the alltime high I was hit now Steven narof was on with um ah I'm Drawing a blank on his show I I'll get Him in the next um it's um I was talking To him Crypto is it for life anyway I showed You his channel the other day he's a Really smart guy I'll go back and U and I forgot to pull his YouTube channel let Me see if they've got it down here
Somewhere they don't have a link to the Full video but anyway he's asking the The question that's being asked here is The question it's it is the Question why Ripple why why did the SEC Choose Ripple y xrp to sue Why step narof gives the answer here These players out there why do you Believe they came after specifically Ripple that seems to be the one that is Alleged business out there oh why why Did they target Ripple in particular Yeah yeah I mean look yes it depends Kind of like you know if you look at it From a broader perspective you know what Were they trying to do with ethereum Right and so if you've got you know JP Morgan's got this Quorum which they Transfer to consensus and then and and Put on an ethereum right and which can Do crossb payments um and crossb Payments you know could lead to the Reserve currency of the world right like I mean look it's not that much of a leak To get there right um if you have to go Through this thing to go from one Currency to this thing may become the Reserve currency right Che the cross B Payment so you know I've heard people Like you know like I know Charles like You Know said you know they're not even a Smart contract platform and I said well Maybe smart contracts was not what they
Were targeting and is right you know Targeting cardano but like you know I'm You know Charles is a friend so I'm not Like you know but like I get that that's Like in you know the the the knee-jerk Reaction but you know uh what what the Ultimate thing and I Think the issue was really if if I had To say it Ripple goes back to your Question before Ripple was too good to Catch even if you had like the full Strength of the federal government Unless you Chang the rules you know Illegally blocked and tackled and did All kinds of stuff in order to slow them Down right so you could catch them you Know and You weren't going to catch them they They just had too much of a believe you Know there's a point where just even the Government is not going to be able to Catch a company um and it didn't work You know they thought I'm sure they Thought it would work um but at the same Time they would have accomplish the Second task because if they got Ripple And said Ripple is you know a security And there's no reason that you know all The smart contract um uh tokens would Have also been classif ified and you Could have been seen really see a world And this is very scary you could see a World where we would just have two you Know two tokens that are not Securities
And ethereum and Bitcoin that end of it Okay eth Gates real folks check this out This is the uh City group or what do They call now City listen to what she Says here this is very interesting clip For City token services for cash and for Trade so now what we can do is we can Move tokenize deposits around Ci's you Know corridors right now it's just us And Singapore with aspirations of adding Another 3 to five the next near term Well it's great that we have this Internal token but our clients don't Want a city token or another bank token What they want is cross Bank crossb Liquidity so it's key that now that we Have the infrastructure of the platform Built internally we work with like Regulated liability Network and other Parts business about how do we solve These difficult issues as an industry And there's still a lot of questions out There but this FMI that rln aspires to Be is extremely positive because it Uhhuh okay now digital perspectives had Put this out as a little reminder today We can't uh we can't know 100% what will Happen or how it will happen that's what Makes it so fun to watch a man can dream Replace the Petro dollar agreement with Xrp xrpl underpin USD liquidity plus Utility equals strongest US dollar in History for the next 15 years uh they Can Peg the dollar value based on a
Network formula example Peg to $20 next Final Financial quarter $50 two Financial quarters $200 bill and on and On and on they can monitor it now now Many of you have never seen this paper Um the general structure this is a Fedcoin paper that was written by a guy Named JP coning fedcoin a central bank Issued cryptocurrency he wrote it for R3 Okay right here an alternative way to Create a fedcoin would be to Pre-allocate the entire supply of tokens Say 100 trillion fedcoin this block Would immediately be awarded to the Central bank to be held in reserve until They are required Ripple set the President for 100% Pre-allocation um at its Inception the Entire 100 billion supply of xrp Ripple's native token was created Outright much of it retained by Ripple Labs while the rest was auctioned off or Given away as for the reduction in the Supply the central bank can store Surplus crypto coins in its vaults much As it doesn't uh does with deposited Bank notes that are still fit for a Second go round pre-allocating Simplifies security requirements as no One has the ability to issue fed coins However it is exceedingly difficult to Change Supply later if demand is Underestimated a new coin say fedcoin 2.0 would have to be issued in order to
Complement the exhausted supply of Fedcoin one .0 I don't know why but that Reminds me of when Stellar burned half Of their supply Now I just happened to go and do a Little search for JP coning who wrote That article or wrote that write up on Fedcoin I may not play the whole thing I'll play may play half of it you can Listen to the rest on your time watch Who's worked in the Canadian financial Industry including jobs as an equity Analyst a financial writer and design Publishing JB also consults or a Blockchain company R3 and runs a finance and economic Charting business at Financial graph Chart.com JP also runs a Blog called Money and this is JP's place that many Of us go to visit to get the Institutional and historical details on Central banks and money JP is a purveyor Of all things monetary and monetary History and today he joins us to talk About some of these facts now let's Let's move on to some other you've Talked a lot about Bitcoin and Blockchain Technology um touch on those quickly but And then what I really want you to do is Is is to focus in on the FED fedcoin Instead of Bitcoin and and and tell us What what it is and and the hope and Prospects for
It so um Bitcoin was more of A an exercise and trying to figure out How to make a stable Bitcoin an exercise Or maybe a Prototype a lot of of us were really Excited by Bitcoin we found it really Interesting when it first came out and We've been following it huge problem With Bitcoin is incredibly Vola uh so fitcoin is an attempt To like how would we make stable value Cryptocurrency and there are a couple Ways to do it but probably the the the Way To the best way to do it is to have AAL Bank so that would involve altering Um one of the basic uh one of the basic Rules of Bitcoin which is that it has a Determinant money supply that there's The money supply has been set ahead of Time in St by the Bitcoin Protocol it will hit 21 million I think In 2140 2141 and there's nothing that Can Change and that goes that that explains To a large part by Vol uh the idea behind Bitcoin is to uh Remove this this uh this deterministic Money supply and put the money supply in Control of Central Bank and that way uh you'd have a you'd Have a stable Cryptocurrency um basically and this is David look look I want you to hear what
He's saying here he references this guy Two times in this conversation I just Wanted to get to that part um basically And this is David an has described it Quite well you would think that fedcoin Is another denomination of Bank um and the the FED would be able to Create as many fed coins as it needed or Destroy as many fit coins as it needed In order to keep that denomination iner To all the all the other existing Denominations that separate for instance One F coin to one US B so are the prospects okay we won't go Any further but the guy he that was the First time he referenced him but the guy That he's referenced that he's worked With or whatever is David Andel fonte Now we're gonna I'm going to show you a In dp.com I'm going to show you a d a a Um David Al alafon clip that if you Haven't seen it before it'll blow your Mind but here's what else we're going to Talk yesterday I was talking about how The the censored video that I found Found it was censored not once not twice Three times in in social media that that That revolved around the comx 589 rule I'm going to go today I'm in there I'm Going to show you that it's still Censored first then I went and found the Original clip and and found the larger The longer clip so that so that you you Can have a full context of what he what
He was talking about what he said and I Uploaded it to a separate platform so That if they censor all on on X or Whatever like they are now we at least Have a reference point for it I'm going To show that part of of the clip in There too and I'm also going to show you That this is not the first time this has Come up I want to show you that this This was a this was coming up around This is part of what made 2018 2019 so Exciting people back then were making a Lot of reference to the these types of Com these types of things comx 589 The Rising Phoenix the the front page of the The Economist magazine and all that Stuff I'm I'm going to show you what's Going on for some reason this is being Censored now and I find that fascinating Now it it's also this is why this is one Of the many reasons all of you need to Sign up for xrp Las Vegas because you're Going to have two gold people there You're going to have Lonette Zen you're Going to have Andy sheckman who is in The clip that's being censored talk he's The one talking about it you're GNA have Andy sheckman and you're GNA have Chris Gian Carlo who was the chairman of the Cftc if anybody knows all about comx Rule 589 he does but a I don't know what Combination of those people that Brad Coms is going to have on stage at xrp Las Vegas but he's given me his word
That we will address that to topic it Was some combination of the gold people And Chris G and Carlo and that that's Worth going by itself not to mention the Fact that they're going to show the Documentary uh preview um there so I Can't wait to go now the in in the Private group um dp.com I've got the Discount to xrp Los Vegas posted at the Very top and um if but if you if you're Not in the group you can go in the Description of this video I have all the Links to it um pretty much everything Based on what I've talked to Brad about Pretty much everything is selling out Yesterday I talked to Brad comms and it Like really started to accelerate and And I'm my prediction I keep telling you By the end of March I think this thing Is is sold out so go ahead and grab your Tickets while you while you can um Now I'm the digital asset investor I'm Not an investment adviser this is for Entertainment purposes only Please Subscribe hit the like button and tell Your friends and family that here we go We're going to talk about censorship Controversy things that somebody doesn't Want us to talk about here we Go ignition sequence starts 6 5 4 3 2 1 Zer lifp off we have a lip Off Sh
