Ripple CEO On XRP ETF : Inevitable , Crypto Army Assembles & Ripple IPO

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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 can promise you that this is about to get really fun and exciting with John Deon running for against Elizabeth Warren Elizabeth

Warren and Gary Gensler are the anti- crypto Army and so the idea that we can now help John Deon try to take her out of office she is a straight liar a straight I mean it’s a complete uh hypocrite she’s she’s uh become worth my understanding is upwards

Of $70 million in office with like aund and something thousand salary coming from being a Harvard Professor you see what’s going on here if anybody if anybody can replace uh the old hag it’s going to be the cry the real crypto Army out here because I think that this is going to Galvanize

Not just the xrp people but the people across crypto and I’ll show you why I’ll show you how that there are it’s already happened I I for one and I encourage everybody put John Deon for senate.com in your in your profile and I pinned this tweet uh

So that people can easily go there and donate I donated myself this morning and so I got the ball rolling it’s uh John Deon for senate.com and he’s got his video he’s got all his his platform and all the different stuff up there now Elizabeth Warren is obviously getting a little

Nervous apparently the mag a republican machine couldn’t find a single Republican in Massachusetts to run against me so they brought in someone from Rhode Island who will have the backing of the GOP and special interest groups well here’s the problem Senator Warren I’ve known John for a long time

Now John Deon has never been a I’ve never heard him say anything except things bad about Trump like he didn’t like him this is not a Maga candidate that’s a little bit of a problem for you Senator Warren that’s in fact you just flat out loud about it so that’s a good

Start to running against John is you going ahead and lying and letting people know that you don’t tell the truth John Deon weighed in on this Senator no one recruited me and I’m looking forward to a substantive discussion on the issues that are important to good people of Massachusetts like income equality

Inflation housing costs illegal immigration the debt crisis and Veterans Services um then I was making youw I just donated to John Deon this is money from the real crypto Army and doesn’t go from FTX to Ukraine and back to you and your friends Senator Warren and remember her best buddy is Gary Gensler

So and then here’s the guys this is these are guys that are coming in coming in hot not not XR community members you’re you’re about to see a real army John Deon the Ripple hero crypto hero American Hero is running for Senate against Elizabeth waren in Massachusetts

Do I think he has a chance sure why not is it a long shot sure of course it is he’s going against the most established member of the machine in existence but she’s also crypto’s final appla take out Elizabeth Warren take out the anti- crypto army take out the influence

Inuence on the White House and the SEC that has been attempting to crush this industry for the past few years then you had Anthony scaramucci he says John Deon is now the tip of the spear in the fight to keep the United States the world’s leader in financial

Services we have to help him and we will so you’re seeing the real army rise right now oh I love it when Michael say talks here he goes again last I checked you have uh just under 200,000 Bitcoin you take a look at the new spot Bitcoin ETFs

All told they own over 700,000 of course a lot of that is the grayscale trust but a lot of that too 200,000 or so is from the nine new ETFs on the market with this new competition is it going to become harder to Source new Bitcoin for micro strategy to

Buy well I think it’s a very virtuous cycle this spot ETFs have opened up a Gateway for institutional Capital to flow into the Bitcoin ecosystem the demand uh for the spot ETFs especially the new ones net has been far in excess of the supply from the miners every day

And some cases up to 8 to 10 times as much demand as Supply every day um this is uh this is a rising tide it’s going to lift all boats micro strategy has got a levered uh operating strategy for Bitcoin but um if you look at what these spot

ETFs are doing they’re facilitating the digital transformation of capital and every day hundreds of millions of dollars of capital is Flowing from the traditional analog ecosystem into the digital economy and uh to your point I mean actually Gemini co-founder cam wrinkl Voss he tweeted last week that the

Demand from the new Bitcoin ETFs uh it’s at least 10 times as much as the number of new tokens that are actually being minted by those miners so really interesting Supply demand Dynamics going on there but let’s talk about your existing Holdings as I mentioned in the intro now

Worth around1 billion you have paper gains of about 70% or so which a lot of people uh would like to see that sort of return at any point would you sell when would it make sense to take profits there well I I famously said I’m going

To be buying the top forever uh Bitcoin is is the exit Strate it is the the strongest asset so what we see right now is the Bitcoin has just emerged as a trillion doll asset class and it’s alongside uh names like Apple and Google and Microsoft but the difference between Bitcoin and the

Magnificent 7 is Bitcoin is an asset class it’s not a company there’s not enough room in the capital structure of those companies to hold 10 trillion or hundred trillion dollar worth of capital so bitcoin’s competing against gold which is 10x what it is right now it’s competing against the S&P index it’s

Competing against Real Estate a hundred trillion dollar plus asset class as a store of value those aren’t his worst nightmares the reason there’s a reason they won’t ever talk about xrp guess what bitcoin’s about to have to compete against xrp is what I’m feeling Here We Believe capital’s going to keep flowing

And I think that part of the whole point of the ethereum Bitcoin free pass was the fear of having to compete with xrp those asset classes into Bitcoin because Bitcoin is technically Superior to those asset classes xrp is technically Superior to bitcoin and ethereum not that being the case there’s

Just no reason to sell the winner to now check this out Brad garlinghouse yesterday he’s on Bloomberg talking xrp ETF so you would welcome an xrp ETF then we would certainly welcome it and I think it’s inevit that there’ll be you know multiple ETFs around different tokens I think you’ll even see ETFs

Potentially around baskets that also I think further diversify that risk given there’s so much excitement around the ETF Dynamic here are you in talks with the largest issuers particularly Black Rock to get this done well uh I’m not going to comment on that I know Black Rock has said some things publicly uh

You know we think it makes sense for the xrp community overall uh you Ripple obviously is a very important stakeholder in the X ecosystem but we’re not the only player and look we’ve seen I mean before the SEC lawsuit xrp was the second most valuable digital asset I

Because of the headwinds of that lawsuit you know we’ve now seen that largely Abate uh but the long-term view on these things is about you know how do you create utility and really solve real world problems with these different digital assets bitcoin’s doing that very

Well as a store of value xrp and its Dynamics around being very fast very efficient and low cost on a per transaction ction basis makes it ideal for payments and that’s where Ripple really has leaned into as a company all right I like the sound of that I think

That’s pretty obvious what’s coming as you probably know uh Ripple andreon Horwitz and uh coinbase put together a super pack and we’ve each put $25 million behind it to support candidates that are pro crypto and pro constructive regulation and engagement really being pro-innovation but protecting consumers

At the same time I think that for a lot of politicians crypto’s become a a sound bite where they don’t really understand how crypto works and they they say things that actually don’t even back up with facts so you know I do think it’s a it’s a campaign issue Ripple has leaned

Into that I personally you know my donations are bipartisan but certainly Pro crypto and that’ll continue to be the case I’ll even highlight just today uh John Deon a very prominent Pro crypto guy announced he’s running against Elizabeth Warren uh so I think you’re going to continue to see that correct so

With that said also we know that Elizabeth Warren is trying to make the crypto Industries regulation around uh AML laws and kyc laws more akin to that of banking is this something a lot of the crypto industry has been very upset about is this something you’re actively

Fighting oh no on the contrary I mean I would actually argue that Elizabeth Warren has it wrong I mean if you sign up on coinbase you have to get kyc know your customer you have to go through a verification process of providing your licenses and they do that verification

And as I said before the vast vast vast majority of people who are in the crypto industry are good actors who want to play by the rules we need to know what those rules are sometimes but that kyc and AML are not rules that are confusing

And I find that the vast majority of the industry players are already leaning into that I think Elizabeth Warren wants us to believe that those are things that somehow crypto is circumventing but that’s not the real world ah love it um if you want to see the whole video you

Can go um 801 xrp 801 _ xrp put the whole video up now in dip.com here’s what we’re going to talk I’m going to show you the a couple more things why I’m so bullish on on xrp an ETF and um the I just feel like the the the the

Ripple my guts always told me this Ripple IPO has to happen sooner rather than later not too long too late but the pressure from investors has to be pretty great to to go IPO I’m going to show you some of that what I think about that I’m

The digital asset investor I’m not an investment adviser this is for entertainment purposes only Please Subscribe hit the like button tell your friends and family I’m going to show you why I’m so bullish here we go