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we're not just going to talk about the SEC vs Ripple case and the possible $10,000 xrp spike in today's Deep dive there's one more important part to this story Warren Buffett's thoughts on why Ripple and xrp might not go down in value during slump you did hear that right and the famous investor has spoken out his view is very important for anyone keeping an eye on the crypto market right now when the economy is unsure hello moneys side family this is your reliable source for all things xrp before we go any further please hit the like button subscribe and notifications to join our group also once we reach 60,000 followers we'll be giving away a huge amount of xrp you can put your hat in the ring in three easy steps so make sure you do them all right money side in the comments to make sure you get a spot imagine that xrp hit a huge $10,000 it may sound like a big guess but xrp is supposed to handle a lot of big Financial transactions so it's not impossible we're talking about a huge 1.2 quadrillion dollars dollars that could flow through the xrp system which could make it worth $10,000 but this huge rise depends on one very important thing the SEC vs Ripple case being settled as of right now institutional buyers see xrp as a security things are about to change dramatically a deal between Ripple and the SEC is almost certain to happen two ideas have already been put forward legal experts say that the sec's initial demand for a payment of a huge 770 million showed how angry and embarrassed they were however Ripple turned down this offer which led to a fun turn of events after that the SEC made a much more fair offer of only $100 million $20 million even though Ripple didn't respond right away crypto law but John deedon says this would be a huge win for ripple giving them a 90% Advantage but since the date for settlement on November 9th is passed with no news the story goes on but wait there's more to come Brad Ripple CEO has said that the company has been offered out of court settlements but is still waiting for a better deal because of this lawyers who support xrp think that Ripple's deal amount with the SEC might go down what does this really mean in the real world it looks like a third better deal is being worked on because the first two don't seem to work for ripple labs and the SEC wants to settle as settle as soon as possible this could mean that Ripple ends the case against the SEC by paying small fines maybe even less than the $20 million that was originally said but people from other countries are also interested in xrp and ripple Labs countries around the world like Dubai also on board recently Dubai's Financial officials gave the go ahead for xrp to be used as a payment method all over the country the global Central Bank of Japan has also started to use xrp for deals around the world every day hundreds of banks add Ripple labs to their operations this means that Ripple is growing into many more areas than just crossb payments the original estimate of 1.2 quadrillion dollar in xrp transaction seems to be just the start as Ripple wants to make this number much higher this could cause the needed price of xrp to go up in our most recent study we found an interesting development Ripple wants to be the leader in a new field even though this move might not directly involve xrp it's clear that Ripple wants to take over bull wants to take over a big part of the industry on July 10th 2023 a groundbreaking story showed how Ripple is making progress in a $5 trillion dollar market tokenizing real estate when you look more more closely you can see that this project started with a very important tweet from Anthony welfare he talked about how cbdcs are becoming popular around the world and how Ripple has a team committed to them he focused on how a central bank digital currency or a stable coin could be used in real life he talked about these ideas at a c fintech meeting in Romania they show that tokenization could be the next big thing in real estate with 2024 in mind we're looking forward to a huge life-changing crypto bll run the Strategic places we get now could help us make more money during this upswing right now is very important and if you miss it you could miss a once in a lifetime chance it's not just about xrp though Kevin cage said that the market for altcoins grew by about 800% at the same time that Bitcoin hit new highs there's no doubt that 2024 will be the best year for the crypto Market ever with Bitcoin and ethereum ETFs almost certain to follow they will pave the way for other top digital Investments to do the same now let's talk about something Warren Buffett brought up not long ago he is warning of a Health crisis that could be worse than covid it's smart to pay attention when big names like buffer talk they are some of the most linked people in the world this coming crisis could lead to many new things like a better digital AI Control grid and a social credit score system connected to cbdcs in the changing Financial scene it's important for all of us to get ready for Buffett scary message listen up everyone Warren Buffett is the person who has gotten the most attention and work from me a huge amount of intellectual energy and a huge number of hours have been spent studying his business strategies and timing his moves the time between them when he makes them and the results are a l lesson in how to be a great investor this man has done better as an investor than 99 9% of people in history this is something I'm bringing up because Buffett's actions help me figure out how reliable xrp is during rough times like Wars and recessions I'm sure that xrp can be a life improving hedge during these tough times if you pay close attention to what Buffett does you might end up becoming a billionaire by accident let's look at what boka haway did most recently on June 19th 20123 in five Japanese trade companies they have put more money into them some of these are mitsu and and Sumo which are both big Ripple Partners there's no chance there people at the same time though Buffett was pulling his money out of big Banks like JP Morgan and Goldman Sachs I can't help but think of the ethereum link and evate whenever I think of JP Morgan Buffett didn't go with them though why does that happen Warren Buffett may not always be a strong supporter of new Financial Technologies but it's clear that he sees the promise in ripples method in my opinion this is how the current financial situation looks take Bank of America as an example it is a major player in the Financial Field and a leading Ripple partner I think that Bank of America is getting ready to make a big move that could open up a lot of new Financial opportunities and this strategic stance could be why Buffett likes them more than other bank stocks especially now when the economy is uncertain more can be found by digging deeper into Burkshire Hathway's Holdings it's interesting that Buffett not only has a big stake in Bank of America but it's also his biggest investment worth an amazing $ 1.03 billion this shows how sure he is in their Direction which is especially important now that a slump is coming it looks like Buffett thinks the Bank of America America will be better after the recession thanks in large part to their partnership with ripple moving on to ISO 2022 there is an interesting development regarding HSBC a short paper shows that HSBC and its Partners will accept changes to digital Assets in 2023 by looking at the moves this November it's clear that these events are not random the decision for HSBC to use Ripple technology is a smart one Ripple's recent purchase of Medco and hsbc's news of a partnership with them also Mark a huge change Ripple is about to change the way Banks other Financial companies and payment providers around the world do business in a sense standard money transfer companies are changing into Ripple companies people who have invested in xrp are living through a very exciting time everything is coming together and Ripple's power is growing this is making way for a huge change in the banking World keep in mind that I'm not a professional financial adviser the information in these movies is only meant to be entertaining before making any financial decisions I always tell my viewers to do their own study and talk to professionals thanks for listening do not forget to hit the follow button and give the video a thumbs up if you liked it also make sure the alerts are on so you know right away when I post something new in the next movie I can't wait to catch up with you be careful
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