Ripple LIVE , Bitcoin & XRP ETFs & The Dark Side Of Davos

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Ignition sequence start 6 5 4 3 2 1 zero lift off we have a lifp Off hey everybody this is the digital asset investor and I got an update from Nick buedo who’s with L to who is one of my sponsors he is at the axum space launch in um Florida I’ve got Nick bu listen to this bu I’ve got Nick buedo on from link

To to give us an update what’s up Nick hey Dai good morning thanks for having me on today I am uh I am actually standing here I just arrived in beautiful Coco Beach Florida um today I’m attending the axium space launch axium has a man space launch today um to

Go to the space station so it’s uh it’s going to be a lot of fun oh wow do you all have axium on the platform right now we do we have axum on the platform and for uh for all of our axum investors if you want to see the launch day I believe

The launch is at 511 and you can find all the live links all over YouTube um and uh and it’s going to be it’s a it’s a it’s a man launch too there’s four astronauts going up to the space station so it’s a really big deal that is cool

What else is going on link too well actually today Ripple is coming back for the first time in over a month um so Ripple’s going to be back on the platform and right now it is uh it’s actually going live on the platform right now so by the time your listeners

Hear this it’s gone live and available and uh we have a a decent Siz block so that most of our investors will be able to uh to get a position awesome thanks for coming on hey thank you have a great day all right and if you want to watch

That launch you can go to the NASA YouTube channel um I’m going to try to remember to watch this today so uh Nick is down there speaking of of uh going to the Moon Brad garlinghouse had I don’t guess you’d call those Moon boots in

Fact for those of you that were around I believe it was around 2019 when he went to Davos he had some boots and everybody gave him a hard time about his boots and so now it looks like he has switched them up to look like maybe cooler boots

Um I think he got uh that people gave him a hard time the last time he had um some boots on there um there’s a couple of clips from Brad garlinghouse I don’t think I played I wanted to let you hear them I’ll also give commissioner fam

Props you know she spent time going around the world and meeting with a lot of these other Regulators where it’s this is not rocket science you know uh we you could probably type into Sam’s open AI how do he regulate the US and get a better answer than we’re getting from the

SEC uh baby I haven’t tried that actually actually try that’s a good sign that he’s sitting there um obviously close with the uh the people at the cftc because until now it has been the SEC and the cftc working behind the scenes with Bitcoin and ethereum from

What I can observe now here’s another interesting clip from Black Swan capitalist give these guys a follow these guys are sharp I like them at verson alerra guess that’s how you say that I think this year there will tether’s hidden operation if that isn’t the truth

I don’t know what is the uh legislation that passes I I won’t be as uh you know predictive about which one I think it likelihood is that the stable coin uh Clarity for stable coin I can’t remember the name of the bill that has been uh you’re going through the the system in

Washington DC but I think we will that in part because the US Treasury wants it right I think the stable coin Market has really surprised people in some ways in terms of solving a real need and I think it only makes sense for there to be regulatory Clarity around that I think

That’s good for the whole industry and you know one of the things we you said earlier is you know are there skeletons in the closet the stable coin Market because there hasn’t been clear rules of the road uh it’ll be interesting as that that comes to frish alrighty um yeah

It’ll be interesting all right now good morning crypto pointed out that Ripple has confirmed approval in 31 States for money transmitter licenses that can’t be a bad thing can it folks look at all those States um then we’ve got this Brad CS had this Gary Cardone on I thought this Gary

Cardone guy made a very smart point in this clip listen to this and it’s with that background of change like it my confidence level is so high here because I know what the indicators are from the old players and what the mistakes are of the new players just the marketing

Program from a decentralized asset like Bitcoin just look at the advertisements that that are being posted today by Black Rock and and uh Invesco and others Fidelity the this is real marketing this is real promotion for Bitcoin compared to the old hey store it on your wallet

Be your own bank kill the world Fiat dollar is going to crash that that’s not a good pitch to somebody with $100 million and they’re all in Legacy assets and you’re telling them all their assets are going to crash so they need to put a $100 million on a wallet a hardware

Wallet and they’re thinking H let’s see now this little iPod here I have I remember my telephone used to weigh 30 lbs and you’re telling me this little Ledger this little little thing I’m going to put $100 million on it right and walk around come on it it it’s it’s

So IR realistic about how people handle big money I want people the audience to realize what you’ve done I have a similar approach to this Market all the time I I have one of the core tenants of the investing for myself is not investment viice for anyone listening

And nothing we say is but uh one of my core tenants that I share as a strategy is I stack my pennies next to their dollars and who are they they are the ones that are in this space building out here helping to create the market infrastructure that’s going to exist

That exists today and Beyond today and that’s exactly what you’ve done there you go good stuff um now this is also good stuff this puts things in perspective bond market 126 trillion stock market 108 trillion private Capital 23 trillion gold market 14 trillion oil Market 2 trillion stable

Coin Market 134 billion lots of potential for stable coins and tokenized assets tokenized assets will settle in Bitcoin and stable coins here’s what he’s not saying you can’t build the tokenized assets on bitcoin you know what you can build it on you know what you can create those tokens on The

Xrp Ledger you know what you can create those stable coins on The xrp Ledger you know what you can create cbdcs on the xrp freaking Ledger the big picture I’ve told you a thousand times it was never Bitcoin and I’ll also tell you this what if there’s a plot

Twist in store what if only Bitcoin and xrp got atfs this year xrp is still the only digital asset with legal which means a Court ruling or congress okay legal Clarity that’s the uncomfortable fact that gives all the Maxis nightmares listen to this you got James saying

Above 50% I’m curious what Ellie’s odds are around an EF this year I hate percentages but I now while she’s talking understand she knows all the ins and outs of all the bad stuff that’s been done with ethereum and she had coffee with Steven ner off yesterday I

Believe tend to air more on the side of below 50% only because I think this was sort of not to say like a a one-off right it was definitely a big Market event it was a big event for crypto it was also a big event for the SEC to even

Think about engage with with these crypto companies right and these big asset managers over something that they don’t necessarily believe in or think that investors should have access to however this is Bitcoin and Gary Gensler has said previously I don’t know if he said it while he’s been in office but

He’s definitely alluded to the fact uh since he’s been in office that Bitcoin is is definitely a commodity so where we stand on E ium is is kind of unclear right now and every single interview he does every single hot seat appearance on on Capitol Hill he has no answer as to

Whether ethereum is a security or not so whether that has any bearing on whether we’ll see an ETF this year we’ll have to see but I think it probably will um you know I I think Gary was sort of forced to approve this this the Bitcoin spot

Well my qu if he’s forced to because of a Court ruling then where why isn’t everybody saying he where’s the people filing the the the xrp ETF because there’s been a Court ruling on that too wasn’t really any more options and with ethereum it’s a little bit of a

Different story so I think his sort of prejudice against crypto and and everything it stands for and it status as potential Securities tokens or not could have an effect so I know we have all these deadlines to look forward to kind of similar with what we saw with

Bitcoin spot but I’m I’m a little more concerned about the sec’s stance particularly Gary Gensler stance on on ethereum itself no no no I think you’re more in line to be right I’m in the same camp just given that’s something nobody’s thinking about is the idea he

Could come out of nowhere with an ethereum lawsuit what we’ve heard from grayscale as well we chatted with their Chief legal officer about whether or not they’re going to have to go through the whole rigor role again in terms of suing and winning in court to get this

Approved as I said we’re going to be chatting with Hester P the SEC commissioner that really I think rallied the SEC to this final decision um and we what she says around the progress and whether or not that same thing will play out with eth ETFs when she joins us on

Monday but I’m in the same camp as you I I think people might be too optimistic just kind of given what we’ve heard from Gary Gensler in the SEC around eth versus Bitcoin you got James saying interesting conversation now this is interesting because what from what metal law man has

Said this this Grace get uh the decision where um well look here this this coinbase um thing that’s in court today I’m seeing a lot of this uh this is for all the marbles post regarding the coinbase um this uh motion to dismiss the way I understand this folks is if

This thing will go on um if if um the motion to dismiss is rejected it just means the litigation continues but it’s if it’s awarded it’s a game Cher for the entire industry and Eleanor terret is keep doing updates on this here’s the first one I’m not going to live tweet

The entire thing but she um she’s talking about what the judge is saying here uh she says the SEC lead lawyer and I pray paraphrase the defi people gave a really fine Amicus brief explaining what staking is and what the wallet is used for arguably better than how the

Commission explained it in its briefing she says the she also says the SEC hasn’t presented an opposing narrative for the legal foundations of Howie and its briefing but here’s the good one folks this judge just invoked Bill Henman right here judge faala also just referenced Bill Henman in connection

With the position that a token in and of itself is not a security wasn’t it Mr Henman who said that someone from your shop that’s no longer there folks um they don’t want her bringing up Bill Henman I mean have you not notice that the SEC never talks about the whole

Decentralization Mantra from Bill henman’s speech that’s cuz the speech was all bull crap and they all knew it at the time and to this day that stupid speech has given e ethereum this fake clarity as I sit here today and they all freaking know it now look at this Brad

Garlinghouse is a speaker at Dubai fintech Summit 2024 so this is May 2024 oh that looks like right around xrp P Las Vegas in fact I’m pulling up my calendar because let me see I know let me see here let me see when um okay xrp

Las Vegas see uh oh looks like Brad grh housee could make xrp Las Vegas because it is the the third and the fourth which means he would have time to make it to Dubai so let’s hope that Brad Garling house oh dropped my pen let’s hope that

Brad garlinghouse ends up at xrp Las Vegas that would be something now we’re going to go into dp.com and we are going to talk about the Dark Side of Davos that I’ve got three videos queued up where there’s there’s some people I’m not saying the whole thing is but there

Are there is some pure evil elements in my opinion there we’re going to talk about the dark side there I’m the digital asset investor I’m not an investment advisor this is for entertainment purposes only Please Subscribe hit the like button and tell your friends and family we’re going to

Go talk about the dark side and there is a lot of lot of Darkness folks in this thing all right Here