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**Disclaimer:** The content provided in this video is for informational purposes only and should not be considered as financial advice. The views, information, or opinions expressed during this video are solely those of the individual presenting them and do not necessarily represent those of Lewis Jackson. I make no representation as to the completeness, accuracy, or timeliness of any information discussed in this video. I am not a financial advisor, and any financial actions you undertake should be based on your own research and consultation with a professional financial advisor. I will not be held responsible for any financial losses or gains you may incur as a result of the content provided in this video.
Chapters:
0:00 – Introduction to Cryptocurrency Excitement
1:12 – Updates and New Perspectives on Cryptocurrency
2:27 – Evolution of Money
4:06 – Transition to Digital Currency and Blockchain
5:13 – Wealth Transfers and Financial System Transition
6:18 – Misconceptions and Diverse Applications of Cryptocurrencies
7:02 – Focus on Payments and Banking System
8:00 – Ignorance Debt and Wealth Transfer Opportunity
8:42 – Understanding the Traditional Banking System
11:07 – Cross-border Payments and Nostro Vostro Accounts
13:45 – Liquidity Challenges and Bank Collapses
14:21 – Seeking Solutions to Liquidity Problems
14:45 – Problems with Current Financial System
15:22 – Blockchain and XRP as Solutions
16:30 – Explanation of Ledger and Blockchain
18:09 – Nostro Vostro Accounts and Liquidity
19:04 – XRP as a Bridge Currency
22:31 – Payment Messaging and ISO 20022 Standard
24:43 – Ripple and XRP’s Compliance with ISO 20022
26:19 – Speculation vs Utility in Crypto Assets
28:03 – SEC Lawsuit and XRP’s Regulatory Clarity
30:01 – Speculation and Utility in Crypto Market
31:53 – XRP Price and Market Cycles
33:22 – Transition to Utility Phase
34:06 – Future Possibilities with Digital Assets
36:03 – Preparing for Wealth Transition and Mastermind Program
45 Comments
Will you be at Proper Party? You are now the number 1 XRP influencer, I really hope you are there.
Subscribed forever
I have seen problems when you use a third party to hold your Cryptocurrency. When they go bad, you loose your money. What makes your XRP any safer and how do you guarantee I will get my Value back?
Crypto is not a scam, however, it is a risky investment as its value fluctuates wildly.
FDIC insured banks protect my money in case of bank failure. Is your investment vehicle protected?
Liquidity is solved by peer-to-peer trading.
The blockchain introduced by Bitcoin is not long term scalable.
Your model of using XRP tokens in the middle means again, a single point of risk.
XRP isn't very unique anymore. It missed its chance to shine due to shady actors from other projects + the SEC. Sadly, there are now other tokens that can do exactly what XRP can do.
Sold mine for chainlink
Lewis, can you or have you talked about how to get involved in the Ripple IPO? If not could you? Love how you break things down!
Hey Lewis, why are some words being bleeped?
Hey Lewis, disregard my last comment. It was my head set battery dying. Lol sorry.
…And One Glaring Problem
Perhaps one of the biggest challenges facing Ripple is that it is, in fact, a centralized company that’s much less resistant to regulatory clampdowns, unlike Bitcoin. Therefore, it would take “a lot less than it would take to forbid decentralized currencies,” Villaverde notes.
“Ripple is going after the business of traditional financial institutions that are deeply embedded in a world controlled by governments and supranational institutions,” he explains. “How does this all relate to Ripple?” He then notes:
Well, it would be a relatively trivial task for governments to shut XRP down.
One does not need to be a technical analyst to predict what would happen to the price of the XRP token then.
If banks see Ripple as a threat to their existing business model, not only would they simply use their own digital tokens to cut costs, but they can simply lobby governments to do their bidding. The debtors are always at the mercy of their creditors after all — something everybody found out during the 2008 financial crisis.
So even though global networks like SWIFT may be technologically inferior to RippleNet, for example, the XRP token would simply not be needed because supranational institutions and governments certainly will —and some already are — issue their own tokens to maintain full control over their monetary systems.
Bitcoin, on the other hand, is an apolitical, open-access decentralized protocol whose unit of account (BTC) is an inexorable part of its blockchain, the most secure and censorship-resistant public ledger in the world today.
Villaverde concludes:
In fact, it’s safe to say that banning decentralized cryptocurrencies would be almost impossible. But Ripple is anything but decentralized.
Talk about this!!
👍👍👍
Bro you not doing the right since you are not a registered financial adviser to be requesting people to buy ripple private equity through you.
When are you posting this for husbands?? Haha
Why do XRP holders go on about this regulatory clarity as if it means something. It clearly did not affect the price and now I am holding 6000 of this shit coin!! Oh wait, the RIPPLE IPO will make it go 20x. Don't believe the hype. The only thing that will make this coin move is the bull run. Good time to buy and accumulate though
How ironic…..the SEC tried to hurt Ripple ….in the long run they assisted them and put more attention on them ( Ripple) in the World Stage. The value is PRICELESS. Even though it costs Ripple 200 million…..they will make 200 trillion. Ya baby. SEC fools
Amazing stratigic move for yiu Lewis. Cool
Excellent layman education. Sharing to all who think I’m crazy 5+ yrs on….. all I need now is delivery of my phoenix shirt from end of aug and I’m happy 😇
Excellent breakdown, now my wife UNDERSTANDS THANK YOU
Ummmm I’d need to send to my husband. I’m a stay at home mother with four adult children I set up home and broke down in9 countries always the trailing wife. I am the crypto big my husband has bo time. Just wanted to point out women are more intuitive about this stuff. 😊 Carry on. You’re great.
I’m out at $10
Hmm, i feel comfortable now and want to scoop more next week. Thanks 👍
The best explanation by far of anyone explaining XRP!!! Sent it to everyone I know…. Life changing if u listen and invest.
Thank you Lewis perfectly explained ive saved this video for when the time is right!
excellent video
Thank you very much for this video, it is always hard for me to explain why XRP is that great using simple words but you managed it well.
I am planning to make more content on X to get new people into the XRP Community and this gave me ideas of ways I could explain what's happening.
Mr Jackson, good day Sir. I trust and believe you are well and yours.
Sir, I hereby kindly request that you briefly usher Me into that "1% movement" you made a video of the other day. I AM REALLY REALLY keen to learn more as I strongly believe I share most of your sentiments. I particularly speak of "a system to be created" that may be provided to those would like to know more about becoming your own bank.
Kindly do revert at your possible convenience Sir, I thank you!
Oh my lord😂This must be my favorite vlog of yours Lewis! Hat's off🤠
3rd YouTube commercial now, ugh 🙁 I'm subscribing to this on Rumble.
Sending this to my bf. ❤
Fantastic
Thanks for the constant good work! I do understand the problems ans how XRP solve these issues. The question is how do we know they're going to use XRP and Ripple in the future? And why wouldn't they use their own blockain and token to do the job?
Xrp will never reach 1 dollar!
Yes!
Sorry, a 40 min crypto clip to my wife? She couldn’t understand 2 minutes of it
🙌🏾🙌🏾🙌🏾 Thank You!
Thank you Lewis for sharing with all of us your God given knowledge on XRP!!!. Continue to bring these incredibly, enlightening Videos to us!!!!
Lewis best video yet ….thank you well explained. Thanks
Thank you Lewis, for your clear explanation.
I’ve been into crypto for a very short time, so this has helped explain to me what I’m invested in better.
What if the governments of different countries agree to use a technology similar to xrp and make a separate centralised system and not use xrp. That is also possible right.
So is this wife changing crypto?
I gave the video a thumbs up but it was painfully boring, almost like Lewis was talking to children. I liked the first video explaining everything. At least it moved along at a decent pace. Oh well, strike one Lewis.