Ripple/XRP-3 Reasons Ripple Won`t Pay $2B Fine, The Plan For Bitcoin & USDTether, XRP $27 Or $70?

Ripple/XRP-3 Reasons Ripple Won`t Pay $2B Fine, The Plan For Bitcoin & USDTether, XRP $27 Or $70?

welcome back to the show everybody check
out these headlines what would happen if
the world’s internet was severed we’re
going to talk about it today in the
freedom Zone and how about this right
here binance removed from App
Store I’ve got something we got to talk
about here and how about the entire us
Budget on a blockchain and how about
three reasons Ripple won’t be paying
that $2 billion fine the SEC want so bad
how about somebody roll that beautiful
intro
[Music]
[Applause]
digital perspectives with Brad KES come
on
[Applause]
in welcome back to the show you can
follow us on Twitter Youtube and dig
prospectives decom for exclusive content
right now $ 2.56 trillion market cap for
crypto the market is up. 3%
66,329 market cap Plus for tether right
now 54 cents at the number seven spot up
one on the market cap spot to uh number
seven for xrp 54 cents we’re up 11.6 on
the 7 day doesn’t that feel good 2.3 of
that in the last 24 hours so maybe
things are starting to turn like the
technical analysts have told us to watch
out for I like seeing this 55 cents it
makes me feel a lot better today so I
hope it makes you guys feel better too
ranging between 53 and 57 cents it feels
like xrp is out for a run this morning I
hope it keeps on going little engine it
could I want to start right here and
cover this for everybody um as expected
Ripple references the goal case to
simplify it was determined that the
appellant court in the goal case that no
proof of harm was presented then
discouragement isn’t appropriate so
that’s what we’re looking at here shout
out to Sher emperess 21 for this one uh
this is a reminder that when steuart
Alara and ripple filed their response to
the SEC remedies phase they pointed out
this case that hey if none of our
institutional clients were harmed
because we made pre-allocated option
contract deals and arrangements with
them that they got it at a hugely
discounted price that they’re not upside
down from the price that they got it at
to what the price is today so how could
you even consider some kind of a
discouragement action in that in that
knowing those facts right and then
highlighting goal case that brings that
to
light now let’s turn because we have
this we have this we’re going to share
this around we have a lot of news that
we can’t let go of even though the
Ripple case and the filing and
everything is important today I need to
set the tone for some things that are
happening here we saw this clip
yesterday it’s very short take a quick
listen to this matter of fact let me
give you this part of it since January
11th when it first came about yes have
you ever seen this much inflow this
quickly into I bet is the fastest
growing ETF in the history of
ETFs fastest growing ETF in the history
of ETFs now that’s going to be important
for the conversation here in a second so
I want you to remember that now
understand that we know that there are
ethereum ETFs and we people want those
approved and may I believe is when the
first one comes around the sec’s refusal
to approve ethereum ETF could trigger
another lawsuit against the SEC wouldn’t
be surprising with the way Gary
gendler’s been rolling but again we also
know that there’s some trouble in the
ethereum network as well it did in fact
have an unregistered Ico it did in fact
get a free pass from William hemond’s
crooked ass and Jay Clayton and others
in the SEC suppressing the rest of the
industry while providing favor in
picking a winner remember when you hear
Gary gendler say well I want to stay
Tech neutral I can’t speak to any one
particular asset or project right but
yet that’s exactly what William Henman
did allowing for a token assembly line
to be launched off the network giving
confidence for all kinds of developers
from around the world to go build on
ethereum because that’s the one that’s
got Clarity right well come to find out
it doesn’t right and now we know the SEC
is afraid to go back and address that
issue because of the boond Doling and
backdoor uh handshakes and all of that
that went on I believe well
and the $15 million that William Hond
accepted while being told by the
Inspector General inside the SEC to not
accept it I could go on all day but the
reality here is now the SEC is choosing
to go after ethereum over it being proof
of stake and that it graduated from
proof of work to proof of stake saying
that if you’re staking on the network
then you are in fact participating in a
security offering right so that’s the
argument today now regardless of whether
we think that’s right or not I don’t
think ethereum tokens are securities in
and of themselves but they absolutely
did a Security fund raise that’s for
sure
nevertheless all of that to say that
this is a
mess and now we’re looking at the next
round of rejections or approvals for the
ethereum spot ETFs and I would spec
speculate to say that that’ll be a
denial and that’s going to heat up that
now remember what is happening Ripple is
launching a stable coin on the ethereum
network and The xrp Ledger so I think
this will help if there ends up being a
mass Exodus off of that network if
things work out and everything ends up
smoothing out over the next couple years
with this in the SEC with the ethereum
network then it’s going to be a
beautiful Union and interoperability
that’s been brought to the join these
networks together so we’ll see how it
shakes out but Meanwhile we’re watching
RFK JR says I’m going to put the entire
us Budget on a block blockchain take a
listen I’m I’m going to put the entire
us Budget on blockchain so that any
American every American can look at
every budget item in the entire budget
anytime they want 24 hours to
day have 300 million BS on our budget
and if somebody is spending $116,000 for
a toilet
seat everybody’s going to know
about I tell you I do love this guy’s
message and I love his Brash approach
and how he just takes it right on
shoulders squared up to the point
whether it’s this or any other issue uh
I absolutely do like this guy and where
he’s going how bold he is to bring it
out there and it would be great to have
all of those things on a blockchain so
we can all see the kind of nepotism that
goes on right crony capitalism and
everything else that goes along with it
but here’s where we want to get to the
Philippines SEC orders Apple and Google
to remove binance from their app
stores uh
oh all right now this is going to give
me a platform to take apart what I want
to take apart
so you remember what I said in the
beginning of this
video when I showed the clip of Larry
fank the CEO of Black Rock talking about
the Bitcoin spot ETF is the fastest
growing ETF in the history of
ETFs I ask a question where did Bitcoin
get all of its
liquidity from until the ETF was
approved it got it from the retail
market and and it got it through
directly through USD tether that is the
on andof ramp and in fact for a long
time at least in the early days and
certainly I believe still now but that’s
up for question but certainly in the
early days USD tether would print USD
tether by
Bitcoin and then after Bitcoin goes up
then print more USD te it literally
sounds like the definition of a Ponzi SK
right
so Market manipulation at the very
whatever you want to call it but the
reason I’m bringing it up
is we see ethereum being targeted we
know that the entire crypto industry is
being targeted rippo is working its way
to Legal Clarity and coming out of this
case now that doesn’t mean that there
won’t be an appeal and it may ultimately
go to the Supreme Court which I believe
it does but I believe Ripple will have
power and strength to move forward and
increasingly bring adoption whether it’s
Direct ly or indirectly to the United
States and certainly all their clients
the 95% of their customer base outside
of the us as well now while all of that
is happening USD tether is now being
targeted
too we just heard recently in the last
week week and a half the US Treasury
Target USD tether over illicit
transactions to help Russia avoid
sanctions from
Swift
uhhuh so where am I going with all of
this is USD tether the next thing to
happen and will it be
collapsed I know you can make a great
argument that there’s too many
treasuries backing USD tether and it
would be harmful to the US Treasury to
do
so but I offer this not if they’ve got a
place for all of that money to go to
like usdc and soon to be US dollar
stable coin launched by Ripple
they could unwind that illicit
operation and shove that market cap into
usdc and Ripple’s USD stable coin on
ethereum and The xrp Ledger this is
speculative but they could happen they
could also just force tether to come
under credential regulation and off we
go but the problem there is is that USD
tether to my knowledge doesn’t have K
kyc and AML and all the rest of it set
up
so how can they turn it around I don’t
know but the point for me here is
this now that Bitcoin is getting its
primary liquidity I believe or it’s
certainly on its way to getting its main
source of Lifeline blood of
liquidity from where the spot
ETFs so could we be watching the stage
be set because what better way to get
rid of 20,000 tokens that don’t need to
be in the space because they don’t
actually solve a
problem what would be the best way to
get rid of
those because all your small Tokens The
Only Way in the most of them is on off
ramp from USD
tether so if they wanted Bitcoin to live
they approv the spot Bitcoin ETFs they
begin bringing the liquidity from the
reta investors outside of the crypto
space Shoring up the liquidity draw to
back Bitcoin in a legitimate
fashion Ripple plans to launch a stable
coin on the ethereum network and The xrp
Ledger providing interoperability and
liquidity and utility for the space
broadly and we certainly know about the
market infrastructure they’ve built
inside the financial system but if the
US Treasury comes out and Deals a blow
to USD tether it could wipe out 20 plus
thousand tokens that the only way in and
out of them is USD tther and wouldn’t
that be the quickest way to clean this
market up from all of the Bad actors out
here minus the
SEC that’s my thought for
today that’s my thought for
today now before we get out of here I do
want to go through this very quickly
here and highlight if you haven’t seen
my first video this morning on the SEC
uh versus Ripple update and the Ripple
filing it is straight fire go watch that
first video I’m going to highlight very
quickly here some talking points and the
three
things and reasons why Ripple major
arguments why Ripple will not be paying
the $2 billion fine first is Ripple
argued that regulatory agency did not
demonstrate any justification regarding
whether an injunction was necessary
leading the crypto payments company
asserted that the SEC failed to
establish reasonable possibly
possibility for future violations in the
institutional related sales of
xrp the second argument is as Ripple
emphasized that the SEC has not also
demonstrated the need for discouragement
in the case and has expected Ripple
cited the second Circuit Court ruling in
the goal case as we highlighted today
showing that if our clients and
customers haven’t lost any money you
can’t award any penalty for
harm lastly it argues that any civil
penalty should be most at most $10
million instead of a whopping 876
million the SEC is currently seeking
notably Ripple argued that the relevant
facts of the case support a lower civil
penalty rather than the high demand the
SEC has made and that is where we are on
this day and I want to remind everybody
that while we wait for the final
responses to come in we know that the uh
the remedies related opposition brief
will be filed on May 16th and afterwards
the court would issue its final judgment
it has been typically said and observed
that judge Torres usually takes around
two months so that would put us June
July probably late July early mid August
before we would get an ruling on the
remedies phase so that’s where we are on
this day now very quickly before we get
out of here I want to take you through
some charts and it starts right here egg
rag crypto says the xrp color code to
$140 as you can see and I just want to
show you here you can see the Fibonacci
levels and what we’re looking at right
blue is a supply Zone we’re not up there
yet we’re still down here right we’re
still down here in this 54 55 cent range
but we’re up out of that double bottom
area so we could be making that
turnaround coming out of the hole here
we don’t yet know but it’s looking super
promising then I want to show you this
from block bull says if we can reach the
top of the fibs of the xrp to bitcoin
coin pairs the xrp would be valued at
$75 a cycle you could see the xrp to BTC
chart here and the way he’s showing this
breakout that’s setting up whoa my
goodness boy I’m reminded of Brian
knight from CNBC when he said the longer
the base the higher in space my goodness
would I love to see that play out but
we’ll have to see what happens he goes
on to say block bull does says how I
expect xrp to play out if we do a
measured move of the recent range he
says basically right here we could go up
and tap a doar six then come back and
retrace between 66 and. 74 and watch out
ladies and gentlemen that’s what he’s
saying there he says soon as we cross 74
cents xrp means business he says you
huddle for $27 minimum and aim for $70
this cycle oh my goodness well I
wouldn’t kick that out of bed for eating
crackers now let’s take a look at
Stellar’s xlm three macro targets could
put that at one 80 and
$10 well I love where this is going
because you guys know that I am big on
xrp xlm xdc harar Quant and a couple
others out here and xdc as well so this
is all super exciting and I tell you you
know in history we usually see Stellar
usually follow behind xrp at about a
third of the price that doesn’t mean
that it’s like tried and true this is
very general observation
but if that’s at 10
bucks xrp could be at 30 right and that
would put us around that $27 Target
we’ve heard so much about from the
technical analysts super super amazing
we’re going into the freedom Zone but I
want to remind you we’re nine days away
from the largest xrp conference in the
world May 3rd May 4th 2024 it’s xrp Las
Vegas I hope you will join us ladies and
gentlemen this is going to be a
remarkable event I am getting so excited
to bring this to all of you and I want
to remind each and every one of you this
is for you this event is your event you
are the prize you are the reason for
this event you all of you that are
hearing my voice are the special feature
it’s not the people on stage it’s you
the people on stage are for you and
that’s what we’ve done and I cannot wait
to unveil it for everyone
not Financial advice of me or anyone
else I told you the world’s internet cut
off we’re going to talk about that right
now in the freedom Zone and how quickly
it could be done oh my goodness this
could scare the Daylights out of it but
also it could also trigger a huge
Catalyst for starlink and the thousands
of satellites that are waiting to bring
us the next internet of
value we’re going into the freedom Zone
not Financial advice to me or anyone
else I’ll catch all of you on the inside
come on
in all right welcome back as promised

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I’m not a Licensed financial advisor. All videos on this channel are for educational purposes only.You should not buy,sell,or invest in any asset based on what I sayin these videos.You should know that investing