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it is very depressing to see what is happening in the xrp community and the amount of hate and negativity it is receiving because of its price action before we even start today's video I'm astounded at how many respectable members of the xrp community are getting distracted and essentially making a scen about the xrp price action I suppose these people are not intelligent enough to understand what the purpose of xrp is and the real world utility it will provide soon since I have blocked the user I would like to share with you all a worrying tweak that they posted I think it is high time to do something about the xrp price quickly here's a sincere warning to Brad garlinghouse Ripple xrp labs and Mr David Schwarz because the community is starting to get worse things are going in the wrong direction with xrp speak for yourself okay I am sorry for my language but these guys are going to look like fools and they're going to come out here and start laughing and the excitement when the price of xrp hits double digits and then triple digits in today's video I'm going to show you a zoomed out perspective of where things are headed and why you should not be worried about a thing in terms of the price of xrp because this whole crypto ecosystem is going to grow as a whole let's continue to what else he said let's see I'm bringing in so much money every month but my connections are starting to drop and I'm starting to sell disgusting disgusting this kind of behavior deserves to be like I'm tell telling you folks I have been collecting screenshots of some individuals who have been around in the xrp community for a very long time in them creating nonsense listen to David Schwarz speak about xrp becoming the new Bitcoin year I work for xrp people are going to have to learn this the hard way Ripple for more than 10 years I started in November in 2011 these are some of the early days of the development of Bitcoin and the cryptocurrency movement and really all there was was Bitcoin and a couple of clones and this was right around the time when the first cracks in the sort of mining narrative were becoming visible back at the time time most people thought that um proof that proof of work was sort of the secret sauce that made Bitcoin what it was in the first cracks were first starting to show the idea at the time was that anybody could mine and that that would be a great decentralizing for us and I think we know now that mining has become very Consolidated and that it is not in a decentralizing force xrp has been around for very long time here's a snapshot of August 4th 2013 and xrp is trading at 0.005 along with Litecoin and Bitcoin and every other coin here that you're seeing doesn't exist anymore okay what I'm trying to say here is look at the amount of hurdles Ripple and xrp came across for the past 10 years and look where we are now deeply integrated with the biggest biggest entities in the world and corporations and when the price of xrp hits double digits and triple digits which it will 100% because it logically and mathematically makes 100% sense it makes zero sense for it not to hit double digits and triple digits given its use case and in a moment we're going to get into a video by Black Rock CEO Larry Finn again lying about the value of the future value of Bitcoin and I'm going to tell you what I think the value of Bitcoin is in the future future and before we get into that video take a look at this so a lot of individuals a lot of uneducated medical CEO steps down however it is true that madako a ripple owned cryptocurrency custody company has a new CEO and head of product many people have expressed dismay about this asking why the two are leaving but I don't know what to say because I worked for more than 10 years at highly reputable B banks these internal organizational changes are frequent especially now that Ripple recently acquired mauo and they might have different plans folks should cease conjecturing that these folks are departing mataco because because there are meetings behind closed doors that we won't learn about okay I apologize for always mispronouncing the name Mato but this doesn't mean that anything will stop being created out of nothing for example there is nothing to be concerned about regarding the departure of the CEO of mat Taco if we look at arnet filibert who started working at both mat and ripple at the same time and is currently the senior manager of Partnerships for both businesses Ripple acquired matto so they will have a plan for M people who have never held a corporate job want to speculate about how these organizations operate in my previous role we managed millions of dollars for private banking I am somewhat irritated by the amount of negativity and stupidity I see in people who have no legitimate background in finance or corporate jobs let alone those who have kept those jobs for more than five three or even nine years these people are just making things up how tokenized deposits and stable coins are redefining the financial services sector stable coins and Commercial money tokens will transform the payment industry as they bring the advantages of the new technology by ensuring stability and compliance this will in particular impact the B2B payment segment and it goes on to say unlike cryptocurrencies and cbdcs stable coins and tokenized deposits exhibit minimum volatility and can benefit from DLT technology making them more appealing to drive blockchainbased payments adoption stable coins integrated into DT technology you guys could put two and two together and now before I go ahead and give you guys a little rough overview of the crypto market cap and the stock market market cap which is purely just Monopoly money printed money injected into it with no real value there is value in the global stock market but you got to understand the amount of money they printed out of thin air to eject this market and if you if you disagree with that you are delusional and you got to go educ yourself because that is a factor there has been trillions of dollars that have been printed out of thin air to prop up the stock market but with crypto that's not going to be as easy because Larry thinkink is lying again God am I the market cap will never stop once everyone starts adopting this technology for real world purposes here's someone like Kathy Wood who was on our broadcast yesterday say that her base case is that this turns into a $600,000 Bitcoin valuation base case and you know million plus um in a super optimistic case are you anywhere in her realm listen to what Larry thinks here about Bitcoin we're almost at the ceiling of the most amount of bit I've never considered the possibility that what we're attempting to accomplish is to provide a tool that can be used to store money if it even approaches that level in my opinion gold will symbolize even more value to be clear if you consider digital gold a benchmark will be established between Bitcoin and gold are you in her room room at all I haven't given it any thought I haven't given it any thought I have not considered it is that accurate just like in 2018 remember that you're developing a capacity for cryptocurrency no we're just taking a look at it customers desire exposure to cryptocurrencies but I don't think any of them have specifically asked for it should you be ready I write now none of the Bitcoins will reach 100 200 300 or 100% And I know some of you are laughing at me because I'm so optimistic about xrp and Bitcoin we are all going to grow together in this environment to progress together allow me to quickly yes retail will purchase 0.5 xrp for $25 I created this tiny pie chart to help you see how this ecosystem will develop over the coming years as you can observe Bitcoin in comparison to xrp based on 20 million Bitcoins the market capitalization is estimated to be around $6 trillion when the price of Bitcoin reaches $300,000 I'm being extremely cautious on that one because of the roughly 2 million Bitcoins that are genuinely missing from circulation the computation based on the $50 xrp was 80 billion xrp in circulation and there are currently roughly 60 billion inside the market valuation of $4 trillion we will witness this in the upcoming 10 years the entire cryptocurrency ecosystem is worth between $50 and $100 trillion but as previously mentioned there is no upper limit to that amount here on a panel we have some firm projections for Q4 of 2025 what is the rwa market size and from what source is the bulk derived who is eager to get started Graham please don't let us down okay fine probably a little more optimistic but I've been that way for six years so I'm a little behind my initial estimates everything that's ever been out there has a total market value of 1.4 quadratic and if you look across any of those asset classes they're all starting to move on the Chain already we've also seen interest in the money market grow quickly for tokenized treasuries and similar instruments and stable coins are supported when it comes to replacing cash upon observing the dtcc Euro clear stream you know all it would take is one of them to switch to being all digital which would mean trillions in assets Make a Move To Learn tens of trillions I believe we can observe and remember a quadrillion is 1.4 this is still a tiny portion of a massive Market 30 to 50 trillion xrp are traded on tic alone let's look at it this way 50 trillion within a couple of years going forward Ripple than thank you Twitter will replay the session in Q4 2025 1 trillion dolls will be penuts and you must realize that payments and settlements will be shown as a pie chart when we analyze these figures I just made this number is it okay this is an approximate estimate of the payments and settlements that will account for 43% of the value source and creation you just cannot dispute the fact that real world utility will have a big chunk of this Market see for the entire crypto ecosystem given that the FX Market trades at a value of over10 trillion every day and releasing liquidity amounts to trillions of dollars throughout a day's volume so when we examine it from the Viewpoint of a piee chart 20% of Dey nfts web 3 privacy coins are a store of value for Bitcoin this is massive and payments and settlements take up a significant portion of this pie chart the stock market is currently valued at $9 trillion but by 2023 cryptocurrency will have grown to a considerably larger $1.72 trillion total market capitalization while we haven't seen anything yet I have concluding remarks I'm sorry for the profanity and everything but we had to stay grounded I would like you all to take screenshots of people you see whenever possible especially those who seeming trustworthy I won't be making any they will be at a loss for words once I have compiled a small scrapbook of these morons therefore I have no intention of naming them in today's episode and it's not that I care you can already predict their response oh I was worried about this when it happened no you are complete idiot either you're trying to get engagement through Twitter or it's just that it doesn't make sense that people will look completely foolish when xrp goes to 10 20 30 40 50 60 70 80 90 $1,100 I set the ceiling at $100 because I am 100% certain based on math and logical reasoning and considering the 24-hour payment volumes we have made on this channel with a variety of breakdown scenarios it doesn't make sense for it not to reach double digits very soon having said that ladies and Gentlemen please know that I value every one of you we'll return soon with a new video with the thesis we began to construct the research it was eventually determined that cryptocurrency liquidity could sustain reliable Global Payments enormous sums of money the Ripple net was created to show users how our fiber-based Network May benefit them once the market reaches a certain level of maturity move to odl and that's precisely What's Happening Now maintain the switch I believe you are part of what we're building I consider all of the tokens and know that it's fixing a genuine problem anyone would be able to appreciate this usefulness if actual value and usefulness are being provided to actual customers the token will have value
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