Ripple / XRP : Nobody Can Talk About It & The Next FTX

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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 lift off we have a lift Off hey everybody this is the digital asset investor and I’ve been gone all day but I did sit down to go ahead and do this video for you um I’ve been looking at this for a while now um xrp1 120 minimum moves um uh for me I’m still confident the move to

120 yellow Channel still holding xrp um so we got AAG crypto calling for a 120 give me a black rock uh xrp ETF and I’ll show you 120 um more on that in a minute just in largest B Bitcoin ETF here’s the inflows bitwise 237 million Fidelity 227 million

Black Rock 111 million Arc 21 shares 65 million I’m kind of surprised I figured black rock would be leading the way and here’s a uh commentary from uh the Robin Hood Chief brokerage officer and so from a behavioral stand Point here’s what we saw um a third of the people that

Participated in buying one of these 11 um new ETFs uh actually sold some Equity so basically what they did is rebalanced their portfolio 20% of these purchases or sales happen in a retirement account and we think that’s quite interesting and finally the other thing that was quite interesting was uh uh gbtc the

Great scale one um was an it was a net cell across uh Robin Hood both in retirement and self-directed and what those people did was roll rolled into one of the other ones and I believe that was just uh a direct um result of just trying to be more cost efficient because

Uh from a from an overall cost standpoint um the the other 10 are are probably much more cost efficient and they have a better um tracking record now we have been seeing a lot out of Larry Fink and black rock and I wanted to set the stage to remind everybody

Because many of you were not there but back in I believe it was 2019 um Robbie mitnik who was with ripple left to go to Black Rock to head up their digital Asset Division and for those of you that also don’t know Robby mitnik was the one who with Susan

Ay um created the xrp valuation um a model for the xrp valuation I don’t think it was while he was at Ripple he was at Stanford I believe at the time but anyway then he went on to Ripple then he goes to Black Rock so I wanted to show you what he had

To say back in 2019 while he was at Black Rock leading into the Larry Fink stuff so we talked about how there was a lot of enthusiasm about crypto in 2008 with the initiation of the first birth of Bitcoin if you will um a lot of excitement in 2015 2016 and then now

People kind of roll their eyes it feels like blockchain is a tired buzzword so where do you think we are in the hype cycle and where do you think it’s going even though blockchain and uh crypto are you know fundamentally distinct Concepts that may ultimately have different endings um blockchain hype Cycles very

Much tracked bitcoin’s cycles and we’ve had three of those in its 10year history um you know the first being from inception basically through 2011 uh and the second peaking in late 2013 troughing in 2015 and then of course the 3D peaked in sort of December of 17 and

So for the last year and a half that’s where this trough of disillusionment has really set in uh where people have started to to Tire of the buzz and and question whether this was going to be anything but just as is is typical in sort of that classic Gartner hype cycle

As that is happening on the ground fundamentals are actually improving so speed privacy security scalability uh and real development is happening now that doesn’t mean um we’re going to see widespread adoption there’s a lot that still needs to happen but we’re certainly starting to see meaningful progress ah yes we are then

Um this was from the other day I think I played this but it’s worth hearing again uh Larry Fink from Black Rock said this important to be anticipating the next move We Believe The Next Step going forward will be the tokenization of financial assets and that means every

Every stock every Bond will have its own basically qip it’ll be on one general ledger every investor you and I will have our own number our own identification we could rid ourselves of all issues around elicit activities of bonds and stocks and digital by having a

A a a a tokenization but the most importantly thing we could customize strategy through tokenization that is fits every individual we would have instantane settlement think about all the costs of settling bonds and stocks but if you had a tokenization everything would be immediate because it’s just a

Line item and so we believe this is a technological transformation for financial assets I believe if you want to talk about voting and voting choice and all the things if we know every moment who is the owner of that stock and it’s now time to vote every individual who has ownership is

Identified and they can vote their own share whoa so then Mr intuitive who is the official cool guy of the digital asset investor Channel sent me this and he said I guess I guess he recorded it himself this is pretty amazing listen to this Advent of Bitcoin ETF is an example

That we’re legitimizing it we’re creating more safety well let me ask this will you do another ETF how about an xrp ETF I know you got e ether out there I how about xop can you answer that I can’t and you don’t want me to I do well I

Can’t all right don’t giv me the wrap thank all right so let’s think this through what are the reasons that he would not be able to it would be easy for him to say U there no we’re not doing an xrp ETF that that wouldn’t be a

Problem at all there would be no conflicts for him there would be there’s no problem at all if they weren’t doing it but if he did have one in the works there would be all kinds of restrictions potentially that he would face and that my friends excites me a

Lot I like it a lot to quote Jim Carrey from Dumb and Dumber I think it was from Dumb and Dumber then check this out xr3 employee joins Ripple to lead business development for cbdc and digital assets C post below I’m thrilled to announce that I’ve joined Ripple D this guy’s leaving R3

And remember R3 got in a lawsuit with ripple there was a an undisclosed settlement and this the whole the whole thing was over r3’s allotted xrp okay so R3 I believe owns a bunch of xrp so here’s a guy with that knowledge leaves R3 to go work at Ripple so he

Obviously sees some kind of something right says with the approval of the Bitcoin 20 ETF the world of traditional Finance has heralded in the age of cryptocurrency going mainstream I am extremely impressed impressed by Ripple’s robust Enterprise blockchain Solutions and the public xrp Ledger that

Have stood the test of Tom well over a decade processing billions of transactions helping companies and individuals move million move money in seconds and absolute with absolute security and finality he said that almost like he knew it was a a um they had been testing it all these years my question is after

The test what happens maybe there’s a switch that gets flipped now the other interesting thing about R3 is just like Larry Fink who can’t talk about an XR he can’t talk about xrp we’ve had a lot of people who couldn’t talk about xrp and ripple I personally was at Bitcoin Miami standing

On the floor of the conference two or three years ago Christian Carlos said to my face that he can talk to me but he can’t talk about Ripple or xrp and then we also had R3 CTO that said this you still working with ripple at all as a as

A company I know that there was you know some extracurricular you know activity that was working its way through the courts but um and and it’s since been resolved but but uh I’m curious if there’s ongoing discussions since one their primary focus is on the the uh interbank settlement component that you’re also

Touching so frankly Ripple is probably the only topic I’m just I can’t talk about um so just it’s talk about it ah I just can’t talk about check this out lar Davis who is a Bitcoin Maxi look what he’s calling for ethereum spot ETFs coming in May first uh final de deadline

From SEC e future da D and he gets down here probably an xrp ETF as it is almost not as it is all also not a security 2024 has some massive Catalyst coming I agree with that and I hope he’s right on the the xrp ETF this would be a plot

Twist wouldn’t it crypto CEO claims ethereum is the next ft X uhoh Steven narof says people were shocked when I said ethereum is a fraud like FTX or that the Dow hack was an inside job now some of the smartest people in the industry agree with me such as Samson ma of Exelon

Excelion like boring slle and myself he has done the research to back up his claim HOH now in dip.com here’s what I’m going to show you there’s a video and there’s a guy that’s basically telling you 2024 truth bombs are coming and I want you to I’m going to let you watch this

Video when you go into Dai dp.com I believe I’m not saying I believe everything I’m just saying so I think it’s pretty apparent to many of us in your gut you know something’s coming 2024 something’s coming it’s going to be hopefully hopefully glorious and good and and good

Prevails over evil let us pray 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 to go to friends and family to go to dp.com and we’re going to talk 2024 truth Bombs