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I am not a licensed financial advisor. All videos on this channel are intended for entertainment purposes only. You should not buy, sell, or invest in any asset based on what I say in these videos. You should know that investing carries extreme risks. You could lose your entire investment. This is not trading advice and I am in no way liable for any losses incurred.
Ignition sequence start 6 5 4 3 2 1 zero Liftoff we have a [Music] Liftoff hey everybody this is the Digital asset investor let me uh pull This back where it needs to be um I was Going to mention to everybody right out Of the gate there's 23 days left for xrp Las Vegas uh those tickets are going to Be there's only general admission Tickets left now they're going to be Running low I told uh Brad comms Yesterday that we ought to do a um an X Spaces about xrp Las Vegas today so I'm Planning on on after I do my videos at Some point today I'm planning I've never Even done one of these X spaces because It's really not my thing I'm literally Gonna pull up my phone and try to figure Out how to do the space in real time so That should be funny but I am gonna do One so keep your eyes open on um on X And I'm going to get Brad KS on there And we're going to talk some xrp Las Vegas and um so anybody who's either Coming or um anybody who's either coming De xrp Las Vegas or wants to wants to uh And it might be some sponsors that are Out there to talk about what they're Going to do and we'll try to um maybe I'll put out a tweet and let all and Copy in the sponsors and say any of you Guys out that are out there that want to Jump in the space and tell what you're
Going to do let's go for it all right Xrp is doing a little bit of moving Today look at this and and it's doing it When the rest of the market isn't really Doing it and it's not like anything Crazy but it did a little bit of a bump A few minutes ago that noticed it's at 63 cents um last 7 Days up 7% or so so Nothing crazy yet but uh we will uh see Uhoh Ron Paul is talking $20,000 an Ounce gold one number that I watch and I Find interesting just because it Entertains me is uh you know I keep Talking about legal tender what does the Government say what did what did the the Uh monetary Act of 1792 it is Silver uh as a as the main currency but Also talked about gold but when our Country started gold was essentially $20 An ounce and you know and for a while They made plans they made gold illegal Into depression and for stated $20 for Long time until uh until was depression When they made it $35 an oun Artificially but it wasn't until after Gold uh got Rel legalized in the 70s in 19 in 1975 gold went was going originally 20 It went to $200 in 1975 that's a tenfold Gener they added a zero then the next Zero was added this past year that was $2,000 and believe me there's going to Be another zero In Our Lifetime and and And that'll be tenfold so you say Well
It can't be 10f that's impossible but it Did it it went from 20 to 200 to 2 ,000 Even I even I when we first saw the Breakdown at BR woods they go gold was 730 we weren't allowed to own it but it Was $35 an out and we and then one day Bron Woods broke down it went up to $100 and a lot of us would talk say boy Maybe they'll remonetized and there was Talk at $150 they would remone but here We are at $2,000 and it could be now what I'm Saying it could 20,000 uhoh $20,000 check this out Maria bomo uh had A Bitcoin guy I think this guy's a Bitcoin guy but brings up Brad Garling House's prediction for 2024 welcome back let's take a look at Crypto prices this morning back near $70,000 we are looking at an effort to Go back to the record highs uh joining Me right now is Ava lab's President John Woo John great to see you thank you so Much for being here I'll tell you if you Look at at Bitcoin we certainly are risk On right now what's your outlook for Crypto and Bitcoin this Year very positive it's very simple the Incremental demand of 2 or 3,000 per day Versus a supply of 900 from Mining and That's only going to be cut in half in About 10 days or so so the incremental Demand way outweighs the incremental
Supply where is this demand coming From well I mean fundamentally you have The ETF that's allowed easy access for a Lot of people um but I can't say enough About the underlying reasons why people Are involved in this I mean besides the Easy access through the ETF I mean Reality is even the US dollar has lost a Lot of his purchasing power you know When I talk to young folks out there They feel like the rents in the last Couple of years have Skyrocketed um and you know what they Can get even mayonnaise is up 50% costs You know so the average American feels Some pain and this is the way they feel A store value could be even better and Mathematically it has been for the last 3 to four years so the CEO of Ripple Brad garlinghouse said that he expects The entire crypto Market to double in Value to5 trillion doll by the end of The year John that is a huge uh story That it's going to double by the end of The year is that how you see It I love that wild and crazy Speculation now it's it's a good thing He said it because if I said it all the Crypto police and bad guys oh you can't Speculate like that you can't make a Bold prediction like that that's an Illegal Move it's it's amazing how they have a Uh let me give you the Dirty Little
Secret when people don't like You everything's off limits for you and That's what you have to learn about life If you're going to do anything go ahead And get ready for the people with en Envy problems to who hate you for it or And take shots at you it's just part of It you're going to do anything if you're Starting a YouTube channel tomorrow Folks and you're good at what you do Your and your YouTube channel grows then Go ahead and get ready because there's a Lot of angry people out in this world They're going to take shots at you You'll just become a focal point for Them to take some of their energy that Uh they because they feel bad about Themselves for a million reasons and They're going to take it out on you That's how it works I I agree with Brad uh directionally I Think the timing I mean by the end of The year that's very aggressive I think What he's seeing and what I'm seeing That gets him very excited is actually The usage of all the cryptocurrency so Bitcoin usage is really store value but Although like Avalanche and ethereum There's a lot of building on top of Those blockchains aval laabs helps Company tell you what folks many of you Have heard me say it in 2019 I went to a Litecoin conference at the Cosmopolitan In Las Vegas and let me tell you
Something Folks it's like going it it would be Um I would compare it to like going to Going to a swell conference is like Going to the Waldorf atoria going to a Litecoin conference would be like going To the uh a Hampton in no worse than a Hampton in like one of those Motel Six Deals I mean that's what you're talking About which is why I laugh I laugh when They talk about half of these Cryptocurrencies besides xrp for that Very reason build on top of avalanche I Even know some of the big I know some of The biggest Bitcoin pundits in the World who even think that when you walk In Bitcoin Miami I don't know if they do That anymore which is a pure Bitcoin Conference it's like a cartoon you're Walking into total different experience Total we talking and working with places Like Black Rock PayPal um a lot of Traditional industry participants are Deploying even JP Morgan for whatever Jamie Diamond says about the crypto Asset class the usage of the blockchain Is actually happening so from that Perspective JP Morgan has to lie about It because they're probably one of the Ethereum disguised whales and they were There from the beginning super bullish As well for the whole space and the Usage is coming in what industries Predominantly is this Financial Services
Is this all Corporate America where are You seeing this usage Most Ripple it is growing to various parts of Traditional technology but right now the Number one and Lead is actually Traditional Finance PayPal is using Their own staple coin uh Black Rock Tokenizing assets like money market Funds so it is tokenizing real world Assets because it's a cleaner easier Form to hold the right of ownership Basically yeah that's great all right You're starting to see the riding on the Wall here's a Bitcoin Maxi that sees the Riding on the wall in the future once More crypto are deemed non-securities You're going to see spy ETS for say Metaverse or nft space or games um you Know thinking just thinking out loud Right now right after ethereum spot ETFs Are approved well there there's ethereum Futures ETF Futures based ETF and spot ETFs but I think right afterwards we'll Probably going to see xrp one because Xrp was just deemed a non-security right So it makes sense that there will be a Xrp spy ETF soon and then yeah and as Time goes on I think we'll get more and Then fund managers will be smart about It and you know put it together there May be a crypto one where it's Bitcoin Ethereum and xrp or something like that Right yeah I think I think that's
Definitely going to Happen ah they're starting to figure out Put put two and two together BCB group Look at this this is uh the BCB group We're thrilled to announce uh while at Paris blockchain week that we are Working with Medico the Ripple owned Provider of digital asset infrastructure Technology to consolidate governance of Our digital asset custody operations on Medo's Flagship custody platform You got to see this folks so this is BCB Uh group here's here's their uh Solutions business accounts Multicurrency transactions BCB crypto Trading in digital currency over the Counter send other BCB customers funds BCB FX virtual ibans I focused in on BCB Treasury and I wanted to show you this Wait till you see this in fact hold on Down here how do I make that go back up Well let's let's go back to Here all right first allinone solu Solution owering corporate treasuries to Include crypto assets go down here this Is where it gets Interesting um I'm going to show I'm not Going to cover I'm going to in in my Private group what I'm going to show you Is I went through their website and I Came across a list and I'm talking about A list that's very specific of who this Kind of surprised me I I didn't know I've never seen a list like this that
Gets Extremely specific and shows you exactly Who owns what amount of Bitcoin I'm Going to show you that in the member Group but first I wanted to show you What's going on at at uh it's going to Fascinate You by the way um first I want To show you that Paris blockchain week Started today and I just happen to be Looking around here's this is Rael Rael Amanda she's PR in community building at Ripple um and she took a picture here Xrp Ledger evm side chain there's xrp Ledger sponsored stuff there um you got Sologenic fi never heard of that one Palis seed um but I wanted to show you This this is a woman named Sandra row She gets this is the only video clip That I was able to find so far from Paris blockchain but it was an extremely Interesting clip when she started Talking I want you to listen to what she Says and then at the end I tacked on Some comments from Brad garlinghouse When he was in Davos I can't remember if It was 20123 or 2022 it might be in the Background I don't remember um but here She is Brad Brad Garling house has tried To tell us a bunch of times folks here We go can I add just one comment to um Some of the trends that we've been Talking about I can't tell you which Bank but let me just say big global bank Who is currently working on a lot of
What I would deem as more hybrid Solutions I've had their senior Executives even say that as public Chains create tools and the ability to Meet the requirements just as Lana is Doing and and and other chains are Working towards they would prefer to Work towards that direction too so the Concept of like there's no way a Corporate's going to ever use a public Chain that's going away the question now Is are there flavors of offerings and Tools that meet the requirements that Enterprises need and that will drive a Huge amount of not only adoption and Usage think about how some of how big Some of these corporates are but also More importantly It will help also solidify I think I'll Be a little controversial here some of The best-in-class chains that are out There and there will be a distinction I Think there's going to be a marked Distinction between the top whatever 10 15 chains versus the rest xrp isn't Going anywhere folks and it's going to Be those offerings to meet the Requirements during the Ico boom and you Know I think in some ways the Ico boom Wasn't particularly great for crypto but You know some good things probably came Of that just just like you know what's Going on with stable coins uh I said Somewhat controversially around that
Period that I thought 99% of crypto at The time there were 2,000 not 19,000 and I said uh that I thought all 99% of them Would probably go to zero and that Didn't make me a lot of friends in the Crypto world uh you know since then I've Been very wrong I guess because now There's 19,000 so we' moved the wrong Other direction you know I I would agree With Gavin uh it's not clear to me Whether a place for all of these but I Also think as you go from you know first Generation Technologies to Second Generation you get you know more Specific use cases for specific uh types Of solutions and look I think we even Have seen with what's going in the nft Market you know the gas fees associated With nfts are in some cases astronomical And it are the are the underlying layer One Technologies able to support nfts And the the kind of first generation and I think we're we're finding Probably not you know we need to find Better technologies that can support in You mean technologies that are better Than ethereum with the gas fees that are A joke or salana that keeps breaking CU I don't think nfts are going away by any Stretch so I mean when it comes to all Of those coins do you expect there to be Some sort of I mean some inevitably will Collapse we've seen that already um but In the end I mean just a few few hundred
I mean I I would go with scores yeah More than dozens maybe scores but you Know do we need thousands I'm not sure Just so you know if you look up the uh How many is scores 20 um okay we're in dp.com I'm going to Show you some very interesting numbers You want to know who owns how much Bitcoin a lot of these numbers are going To surprise you I'm the digital asset Investor I'm not an investment advisor This is for entertainment purposes only Please subscribe hit the like button Tell your friends and Family that away we go into Dp.com [Music] [Music]
