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March 26 2024 xrp and ripple versus the SEC an absolutely historical date in Today's video I'm going to break down How the SEC not only has gross overreach But they're asking for egregious amounts Of money for this case I'm also going to Break down the dates to give you a Little bit more clarity on where we may See this case end and it could be at the Most critical time during the bull run And as a lower interest interest rates On the back end of the year which should Bode very very well for xrp holders and Crypto at large my name is coach JB what I work to do is make very complex macro And microeconomic strategies very simple So the normal everyday person can Implement them we get hundreds of Questions on how I ensure my wealth I'm Very Diversified outside of crypto and For me personally I ensure my wealth on The bottom of the risk pyramid I use Insurance I use currently index Universal life so if you'd like to set Up a free consultation absolutely free With my insurance team licens in all 50 States in the description of the video Down below just click the link to set up A free consultation at the back end of Every video I share with you exactly What I'm doing and you can click the Link to download an absolute free book On showing you on physical paper within It'll come in your inbox within 15 to 20
Minutes check your junk box if you don't Get it on exactly what I do so let's Break this down we are finally getting There family congratulations for those Who have held on like a tick on on a dog And Diamond hand this okay so check this Out so James Fon sent out I love love This guy he puts out really good Information so James Fon from Fon law Sent out uh it said at SEC has filed Under seal its opening remedies related To brief and supporting documents these Documents are not public yet it says Public redacted versions will be filed No later than Tuesday March 26th which Is today and then yesterday steuart Aldrey who is the um Chief legal off Officer for ripple he said as you will See check this out buckle your seats When the SEC brief is made public Tomorrow they asked the judge for $2 Billion do in fines and penalties that's And he goes through I highly recommend You check this out then he goes through All these different things he says our Response will be filed next month but as We uh as we all have seen times again Time and time again this is this is a re Uh what does it say this is a regulator That trades in statements that are false Mischaracterized and designed to mislead They stayed true to form here rather Than Faithfully applying the law the SEC Remains bent on wanting to
Punish uh and intimidate Ripple and the Industry at large we trust the court Will approach the remedies phase fairly Okay so here's the dates really quickly But I'm going to give a little synopsis On what I think is happening is this Is first of all they're doing this at The exact same time the SEC is getting Battered like they're they're like what Is going on Gross overreach you guys are Implementing all these rules like like a Shotgun right and now they want what is It four how what is that let me just re Look at that again they're asking for $2 Billion think about this the SEC versus Ripple case guys number one if you look At the length of cases they're usually About 12 to 24 months and a lot of That's for egregious cases there's Nothing egregious about this case pretty Simple in the beginning it traded kind Of like a security because uh xrp wasn't Couldn't operate independently and now It's can operate completely Independently xrp versus Ripple right Ripple's uh preo right now they're going To go public at some point then you have Xrp the token but here's some critical Dates that we want to look at okay so we Already had March 22nd the SEC submits Proposal just want to make sure we're on The right screen here I'm traveling in a Hotel there we go uh March 22nd 2024 SEC Submits a proposal decision document
March 25th they had the closed door Meeting between the SEC and ripple March 26 is today public release of revised SEC document which is asking for $2 Billion April 22nd Ripple's deadline to Respond to the lawsuit so that's 2 days After the Bitcoin having then we got April 2 3rd 24th which is the Intensive Discussion on Ripple's response and then We have May 8th is a deadline for the's Response okay so we are going to have uh The Bitcoin having on April 20th we have All this suppression with xrp we may Have a finish uh May June July August Hopefully you're going to have the Bitcoin having then you're going to have Bitcoin go parabolic and then right About the same time they start to lower Interest ratees All the money starts flowing into Altcoins you could see xrp go through The roof we'll see we'll see but that's What I am banking on based on historical Patterns human behavior this is just I Mean I'm trying to like rationalize this Of what is happening like as I said on On December 20 2020 I'm holding on like A tick on a dog I didn't sell a dime When people were jumping out of xrp for Some reason in my gut I knew that this Was going to be one of the most Historical assets to hold that is going To transform the financial system I Truly truly believe that and I'm
Actually excited to hold an asset that Is transformative that I could say to my Grandkids in the future that I held on When most people that I was around Started bailing they were like F this And I that's where I came up with Diamond hands don't trip Hold the Line Uh by the dip and I was like I'm holding On like a tick on a Go Dog guys and I Want to go back to this hearing right Here that was on March 20th and this was The hearing entitled sec's overreach Exam and reforming the SEC okay and I Want you to um hear this one more Time you know there this gross overreach And then they're asking for two billion They should be giving the xrp holders Two billions they should be giving Ripple $2 billion for all the damages That they cause specifically Ripple like SEC should be paying them for being Sloppy as hell so let's check this out Back gentleman from Arkansas Mr Hill who Is also the chair of the subcommittee on Digital assets Financial technology Inclusion is now recognized for five Minutes I thank the chairman I thank our Panel for being with Man that we created to serve Us we must not become give me one second I'm in a hotel it's like messing up my Thing give me two seconds Here let's see if we got there we go Enjoyed having chairman guinsler here to
Have his point of view on behalf of the Commission so it's great to have your Expertise and we thank you for being With us you know not only has the SEC Lost in the court of public opinion even On a bipartisan base here on Capitol Hill but the agency is now getting Trampled by the federal courts as well Especially as it relates to digital Assets in July 2023 a New York judge Determined that Ripple Labs did not Violate Federal Securities Law by Selling its xrp token on public Exchanges in fact in that case they were Referred to as being arbitrary and Capricious last August the court Rejected the sec's reasoning for Blocking grayscales Bitcoin trust from Converting to an exchange traded fund And just in the last few days a Utah Judge imposed sanctions on the for quote Bad faith conduct and open quote gross Abuse of power close quote okay so they Want2 billion dollar from Ripple when They just keep getting battered it's so So the point behind all of this is this Is historical family this is much bigger To me than just cryptocurrency this is Much bigger than um insurance this is Much bigger than businesses this is a Historical moment in time where I'm Actually super proud to be part of Something historical that's going to go Down in history books like I cannot wait
To sit down with my grandkids in you Know 30 maybe 40 years from now man is It going to be that long I'm trying to Think about probably 30 years from now Sitting there and saying man I was part Of this time where there was this Polarization within the world where the Left was fighting against the right and When they didn't even know that they Were the the fight was being caused for Them and I sat back for a moment I Looked out in the landscape and I Started to really build the foundation Of Faith with God and I started to use Discernment and I realized that we're All being played and as we all look this Way and I realized that those who Control the money control the Information control the people and I Started to control my own information my Own money my own ecosystem and now here We are in our land and here we are and Our sustainable living and here we are With my grandkids and all my family in One big area where we could all be Together because I made a decision I Didn't listen to the naysayers I didn't Listen to the haters I didn't listen to The to the Emotion I really listened to my heart And my gut and I went after what I Thought was Correct because the only thing that Matters is your
Decision your thoughts your actions your Behaviors done for a long enough period Of time to access a new Frequency guys we're all getting played Man if it comes to the monetary system And it comes to Greed we're all getting Played so you have to ask yourself a Question what game are you playing Playing what game are you Playing it's not about being tribal for Bitcoin or xrp or all this it's about Understanding that there's a wave of Energy specifically in 2024 this is the Most historical year you're going to Ever experience nothing is going to be The same after this this is going to be The changes that will happen for the Next hundred years so here's exactly What I'm doing from my exact Paradigm Everything I talk about is exactly what I'm doing every company I talk about our Companies that I co-founded and owned to Create a problem to help solve a problem That was created for Humanity so if a Problem is created for Humanity and I Needed to solve it we created a company To solve it that's basically what Entrepreneurship is so the first thing Is I have a robust crypto portfolio I Have a robust crypto for portfolio Across payment rails supply chain um Infrastructure gaming and I have some You know a little bit weighted to the Shitcoins right so what I do is as the
Wave of energy goes up I exit on the way Up so the way I explained it before is a Surfer is going up a wave I pull into The wave and I pull profits is Everybody's panicking trying to get to The top and catch the top I've already Pulled multiple times on the top so for Me personally I have index Universal Life policies ready to maxed fund okay So why do I use iul number one there's Not there it's a long-term strategy There is no short term to it number one Number two it is not considered a Retirement policy a lot of you know Insurance a saying they're not Retirement policies it means you can Access the cash value at retirement Taxfree which is attractive to me Because the tax code 7702a because a 401k you get taxed on The back end and do you think taxes are Going to be higher or lower based on our Economy think about it do you think Taxes are going to be higher or lower Based on our economy when we're about to Retire okay so I like the value the the Knowing that I can access my cash Tax-free on the back end of my life okay Number three fre especially what's Happening with the economy it guarantees My Principle zero floor guaranteed that is A guarantee that my principle when the Stock markets collapse the crypto
Markets collapse my principle is Guaranteed okay and lastly is Legacy Legacy Legacy so I have liquidity I can Borrow against my policy I am making Market like returns it's index okay it's A long-term strategy for me and if I Need to I can borrow against liquidity If I want to buy more assets Taxfree that's why I use index universal Life the first seven years it's it's a Long-term strategy money doesn't Compound for seven years if you're at 10% money compounds every seven years so People get so caught up because of Crypto in this short-term strategy guys If you want to become wealthy you have To have a long-term strategy so I have a Short-term strategy with crypto I pull From short-term which is very risky pull Profits I put it into longterm things Are at the bottom of the risk pyramid Okay from there I now have this Ecosystem where I could pivot okay I Also am deep in business business is one Of my favorite things I love Entrepreneurship I love solving problems So how do I exit the markets one of my Companies is Merlin the smartest way to Track your crypto it is not an Investment it's a crypto interface it Just shows your cryptos in one place you Don't hold your keys or combos right we Also make sure that you can set up an Exit plan in there so for example I'll
Use she shib shib or whatever it's Called Sheba as an example it went Parabolic just recently and I hit my First two Targets so I was able to get An alert that my target was coming Target one target two I pulled profits And it told me exactly how I need to put Away for taxes and I pulled that and That will go partially to Max Fund my Index Universal Life policies so you see What I'm doing I'm taking money from a Very spective asset that has no Regulation yet guys it's going to be Extremely spective we won't have an Opportunity like this ever again but When regulation comes in it'll get Normalized so I'm pulling from the left Side of the risk pyramid which is high Risk High return and I'm taking it down To the bottom of the pyramid which is You know there's many other things at The bottom of the risk pyramid but Insurance is right there on the bottom It's a solid foundation why because Insurance companies operate opposite of Banks when you put $10 into a bank they Lend out $9 of your money it's flip-flop For an insurance company okay if you put In three they're going to hold they're Only going to lend out $1 okay they are Also insurance companies are insured so If insurance companies go down we have Much more to worry about right so that's Just for me I like safety I like
Security I like Legacy so I hope this Information helps you um I'm going to Continue to help share as much Information and again everything I'm Talking about is stuff I currently do I'm not talking about things that I Don't do I only like to talk about the Things that I'm actually implementing Within my life um because that just Feels better to me when I was in the Banking system it's just like you know We're selling products and services that We don't even use right these are all Things that I use these are all things That I have comp compan around and I've Supported people hundreds of people over The past year in insurance and thousands Of people in other spaces within Entrepreneurialship so I appreciate you I love you guys everything's in the Description of this video down here or In my social media platform you can Click the link uh to set an appointment With my insurance team download Merlin For free or download our free book we Love you guys we appreciate you Warriors Rise get your together let's Go N
