RIPPLE XRP THEY'RE LYING TO YOU | DON'T GET TRAPPED!

Summary

In this video, Nick discusses the recent consolidation and collapse of banks in China and the U.S., and how it signals the shift to a new financial system. He critiques BlackRock's sudden endorsement of Bitcoin, suggesting it's a distraction and a retail trap. Instead, he emphasizes the potential of tokenization and Ripple's XRP as the future of finance. He highlights regulatory progress, the inefficiencies of Bitcoin, and the importance of scalable technologies like XRP Ledger. Nick concludes by urging viewers to join his free Discord for valuable insights and updates on crypto trends.

Takeaways

• 📉 The banking system is collapsing and consolidating, leading to the rise of a new financial system.
• 🏦 US banks are at risk of failure due to issues in real estate, reminiscent of 2008.
• 💬 The BlackRock CEO has shifted from being a skeptic to a believer in Bitcoin as a legitimate financial instrument.
• 📉 Bitcoin is seen as a hedge against currency debasement and economic instability.
• 📈 There is a push for Bitcoin and crypto investments, driven by financial institutions like BlackRock.
• ⚖️ The future of finance is heading towards tokenization, which will require scalable and efficient technologies.
• 🔍 Bitcoin's market dominance is decreasing, and its role in the market is being questioned.
• 🔄 Ripple's XRP and its technology are positioned as key players in the future of financial tokenization.
• 🌐 Global financial systems are preparing for crypto regulations and tokenization to enhance efficiency.
• 💡 The XRP Ledger is highlighted as an efficient, reliable, and scalable technology for future financial use cases.

Q & A

What recent event in China is discussed in the video?

The video discusses the disappearance or collapse of 40 banks in China within one week.

What is the overall theme of the video's discussion?

The overall theme is the collapse of traditional banking systems and the rise of a new financial system, with a focus on cryptocurrency and asset tokenization.

Why does the speaker mention BlackRock's CEO in relation to Bitcoin?

BlackRock's CEO is mentioned because he has changed his stance on Bitcoin, now viewing it as a legitimate financial instrument, despite being a skeptic five years ago.

What is the speaker's opinion on Bitcoin's role in the market?

The speaker believes Bitcoin is being pushed as a narrative by big players like BlackRock for their own financial gains and that it is the biggest retail trap. He suggests that altcoins are more lucrative investments at the moment.

What key concept does the speaker believe will drive the future financial system?

The speaker believes tokenization will drive the future financial system, with asset tokenization growing significantly in value by 2030.

What are some challenges to the mainstream adoption of tokenization mentioned in the video?

Challenges include the lack of special-purpose vehicles, the need for cross-chain protocols, limited liquidity, and the need for simplified tokenization processes.

How does the speaker view the role of regulations in the new financial system?

The speaker views regulations as essential for sustainable growth and believes that public and private collaboration along with improved policies are necessary for the full potential of tokenization to be realized.

Which regions are actively working towards crypto and tokenization regulations according to the speaker?

Regions actively working towards these regulations include the UK, the UAE, Hong Kong, Japan, and Europe.

What is the speaker's perspective on Bitcoin compared to other cryptocurrencies like XRP?

The speaker believes Bitcoin is inefficient and will be overtaken by more scalable and efficient cryptocurrencies like XRP, which are better suited for the future financial system focused on tokenization.

What example does the speaker use to highlight the connections between Ripple and BlackRock?

The speaker mentions individuals who have worked at both Ripple and BlackRock, such as Craig Phillips and Robert Mitnik, to highlight the connections between the two companies.

Outlines

00:00

🌐 Distraction and the New Financial System

In this paragraph, Nick introduces the topic of the video, highlighting the distraction caused by the banking system's consolidation and the emergence of a new financial system. He references a previous video discussing the disappearance of 40 banks in China and the potential failure of hundreds of US banks, linked to the real estate market. Nick encourages viewers to join a free Discord community for valuable information and resources. He also addresses the narrative pushed by Black Rock's CEO about Bitcoin, suggesting that it's being promoted as a financial instrument to hedge against currency debasement and economic uncertainty. The paragraph concludes with a critical view of Bitcoin's role in portfolios and its potential misuse.

05:02

💼 Bitcoin's Role in the Financial Collapse

This paragraph delves into the role of Bitcoin in the context of a financial collapse. Nick discusses the mainstream media's portrayal of Bitcoin as a safe haven, questioning Black Rock's sudden interest in cryptocurrency. He argues that Bitcoin is being pushed as a retail scheme, highlighting its dominance in the market and the potential for a massive selloff. The paragraph also touches on the decline in Bitcoin's market dominance since 2014, suggesting that its value as a store of value and escape from the traditional system may be overstated. Nick emphasizes the need to look beyond Bitcoin and consider other cryptocurrencies that might offer better investment opportunities in the current cycle.

10:03

🏦 Tokenization and the Future of Finance

In this paragraph, Nick shifts the focus to tokenization, discussing its potential to revolutionize finance. He references a report by Ripple that projects asset tokenization could grow to a $16 trillion market by 2030. The paragraph outlines the benefits of tokenization, such as improved efficiency and data protection, and the challenges that hinder its adoption, including regulatory issues and the need for cross-chain protocols. Nick also highlights the UK's efforts to develop a regulatory framework for crypto tokens and digital assets, suggesting that tokenization is the goal for the new financial system. He contrasts Bitcoin's inefficiency with the potential of Ripple and XRP in the tokenization process, emphasizing the need for scalable and efficient technology.

15:05

🚀 Ripple's Vision for Tokenization and Payments

This paragraph focuses on Ripple's vision for the future of payments and tokenization. Nick discusses Ripple's managing director's statement about the company's focus on using XRP for on-demand liquidity and its potential applications in NFTs and tokenization. He highlights the World Economic Forum's prediction that 10% of the world's GDP could be tokenized by 2027. The paragraph also touches on Ripple's efforts to work with regulators and its belief in the importance of regulations in the crypto sector. Nick emphasizes the efficiency of the XRP Ledger for tokenization and financial use cases, positioning Ripple as a leader in the tokenization revolution.

20:09

📈 The Importance of Efficient Technology in Payments

In the final paragraph, Nick wraps up the discussion by emphasizing the importance of efficient technology in the payments industry. He highlights the XRP Ledger's long-standing reputation for reliability and efficiency, noting its 100% uptime and zero problems over the years. Nick suggests that major banks and payment companies are looking for the most efficient and trusted technology, and the XRP Ledger fits the bill. He concludes the video by encouraging viewers to like, subscribe, and join the free Discord community for more content, and to follow him on Twitter.

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency that operates on a peer-to-peer network without the need for intermediaries like banks. In the video, it is discussed as a legitimate financial instrument and a potential hedge against currency debasement and economic uncertainty. The speaker mentions that Bitcoin is being pushed in mainstream media and by entities like BlackRock, suggesting a strategic interest in its adoption.

💡Banking System Consolidation

The term 'banking system consolidation' refers to the process where banks merge or are acquired, leading to fewer but larger banks. In the video, it is mentioned in the context of banks in China disappearing, indicating a significant shift in the financial landscape and the potential collapse of traditional banking systems.

💡Financial System

A financial system encompasses the institutions, markets, and mechanisms that facilitate the creation, management, and allocation of financial resources. The video discusses the traditional financial system's collapse and the emergence of a new financial system, likely driven by technology and cryptocurrencies.

💡Tokenization

Tokenization is the process of converting rights to physical assets into digital tokens on a blockchain. In the video, it is highlighted as a major trend in finance, with the potential to revolutionize how assets are traded and managed. The speaker mentions that tokenization could lead to a significant portion of the world's GDP being tokenized by 2027.

💡Ripple

Ripple is a technology company that focuses on cross-border payments and asset tokenization using its XRP cryptocurrency. The video discusses Ripple's role in the future of finance, particularly in the context of tokenization and its potential to disrupt traditional financial systems.

💡XRP

XRP is a digital asset native to the Ripple payment protocol, designed for fast and low-cost cross-border transactions. The video mentions XRP as a potential leader in the tokenization revolution, emphasizing its efficiency and scalability for financial use cases.

💡Asset Tokenization

Asset tokenization involves the digital representation of physical or non-physical assets on a blockchain. The video discusses a report from Ripple that suggests asset tokenization could grow to a $16 trillion market by 2030, highlighting the vast potential of this technology.

💡Debasement of Currency

Currency debasement refers to the reduction in the value of a currency, often due to excessive money supply or inflation. In the video, the speaker suggests that Bitcoin can serve as a hedge against currency debasement, as it is not subject to the same inflationary pressures as fiat currencies.

💡BlackRock

BlackRock is a global investment management corporation known for its significant influence in financial markets. The video discusses BlackRock's CEO Larry Fink's changing views on Bitcoin and the company's potential motivations for promoting cryptocurrencies, particularly in the context of ETFs and financial market shifts.

💡On-Demand Liquidity

On-Demand Liquidity is a service provided by Ripple that uses XRP to facilitate instant, low-cost cross-border payments. The video mentions this service as a key use case for XRP, demonstrating how it can improve the efficiency of international transactions.

💡NFTs

NFTs, or non-fungible tokens, are unique digital assets that represent ownership of a specific item or piece of content on a blockchain. The video suggests that NFTs are an emerging use case for blockchain technology and digital assets, indicating a broader application beyond just financial transactions.

Highlights

Introduction of Nick and the channel, encouraging viewers to subscribe.

Discussion of 40 banks in China vanishing in one week, indicating a collapsing traditional banking system.

Encouragement to join a free Discord with crypto gems, market strategies, and charts.

Highlighting BlackRock CEO's change of stance on Bitcoin, calling it a legitimate financial instrument.

Bitcoin viewed as an instrument for when countries debase their currency or when people are frightened of their everyday existence.

Bitcoin's role as digital gold and its potential to provide non-correlated returns.

Discussion of Bitcoin dominance decreasing over the years, with a potential massive selloff imminent.

The potential shift from Bitcoin to altcoins as a focus for investors.

Analysis of BlackRock's motives for pushing Bitcoin, primarily for profit from trading ETFs.

Bitcoin's future as uncertain once regulations and utility-based systems become more prominent.

Introduction of asset tokenization as a significant future trend, with potential growth to $16 trillion by 2030.

Challenges hindering full potential of tokenization include lack of special purpose vehicles, cross-chain protocols, and limited liquidity.

UK's active work on boosting digital innovation with new framework for crypto tokens and digital assets.

BlackRock's mention of the SEC suing Ripple case, indicating awareness and involvement in regulatory aspects.

Ripple's On Demand Liquidity using XRP to settle payments and its potential in major financial corridors.

World Economic Forum's prediction of 10% of the world's GDP being tokenized by 2027.

Ripple's managing director highlighting the endgame of using blockchain technology and cryptocurrency to accelerate financial networks.

The importance of regulatory frameworks for the sustainable growth of tokenization and digital assets.

Ripple's focus on payments, nfts, and central bank digital currencies as key use cases for their technology.

The XRP Ledger's efficiency and reliability as a tested and trusted network for over 10 years.

Potential of XRP and the XRP Ledger to lead in the tokenization revolution and transform financial systems.

Conclusion encouraging viewers to like, subscribe, and join the free Discord for more content.

Transcripts

we are being distracted and majority of

the space is playing into it and we are

going to be talking about it in this

video Welcome to the channel everyone my

name is Nick for those that are new to

the channel hopefully by the end of this

video you do become a subscriber if we

take a quick look at my uh video from

the other day I discussed this 40 banks

in China basically Vanishing in one week

now what is the whole ordeal with these

Banks you know disappearing collapsing

well we're not only seeing the entire

banking system be Consolidated we're

also seeing the traditional system

ultimately collapsing and it's ushering

in a new Financial system I'm sure that

all of you are aware of that by now if

you have been watching the channel even

over here we have why hundreds of US

Banks maybe at risk of failure like this

is just in the last couple months I mean

this post was just the other day this is

July 11th this is from May and it all

has to do with real estate it's the same

morning signs of 2008 I strongly

encourage everyone to join the free

Discord there's going to be a link at

the top of the description below this is

one of the most valuable and informative

discords out there and it's completely

free there's a free s that has a ton of

free crypto gems free market strategies

guides market trends free charts and

there's also going to be new cheat

sheets Dropped In this Discord and

already we have a ton of testimonials

from members of the Discord that have

been absolutely loving it so what are

you waiting for go and click the link at

the top of the description below and

join the free Discord now why am I

bringing this back up why am I talking

about it right because we are being

distracted but by what well over here we

have a lot of fearmongering here by

Black Rock CEO while pedling the Bitcoin

narrative big shout out to subjective

views for this listen closely to this

now I I know you have been a leader in

willing to embrace crypto you have made

it so that people can be in Bitcoin we

hear that you are thinking about

ethereum these are incredible things how

now black rock is not known as a uh a

gun fer by any means so you obviously

must believe that this may be is an

alternative is this an alternative uh in

order to be able because of the a

deficit maybe something longterm people

should have absolutely um as you know I

was a skeptic

yes I you know I was a proud skeptic

that's

right and I studied it learned about it

and I came away saying okay you know my

opinion 5 years ago was wrong here's my

opinion St this is what I believe in

today I believe the opportunity today I

believe Bitcoin is legitimate I'm not

trying to say there's not bet misuses

like everything else but it is a

legitimate Financial instrument that

allows you to have maybe correlated

non-correlated type of returns I believe

it is an instrument that you invest in

when you're more frightened though it is

an instrument when you believe that Co

countries are debasing their currency de

debasing their currency by excess

deficits and some countries are I

believe we have um countries where

you're frightened of your everyday

existence and have you an opportunity to

invest in in a a something that is

outside your country's uh you know

control

then you can have more financial control

and so I'm a a major believer that there

is a role for Bitcoin in in portfolios I

believe you're going to see that as an

as one of the asset classes that we all

look at I look at it as digital gold as

I said before and I do believe there's a

a there's a there's a real

need for everyone to look at it as as

one alternative to I would say the

optimism that I have in the world if you

want to hedge hope Bitcoin is not a an

instrument for Hope unless you're

hopeful you're going to make a lot of

money on it but I I look at it as a

vehicle in which you're expressing your

your financial Acumen in something that

you're more frightened of the world

you're more frightened of your existence

and I believe there's a great industrial

use for it and and I think a lot of

people are missing that I couldn't agree

more I changed my mind about it when you

did you had been my thinking it was like

uh oh you don't believe it all I can't

believe it I want to thank Larry for the

message of optimism thanks and also for

a great quarter Larry is the co-founder

chairman and CEO of Black Rock I think

the most important Investment Company in

the world thank you thanks guys Carl now

let's take a quick step

back he's addressing the fact that

Bitcoin becomes very very lucrative when

you know we have de basements of

currencies we start to see the you know

traditional world around us kind of

we're we're betting on the collapse

basically if you are holding Bitcoin

you're trying to escape that collapse

this was the original view of Bitcoin

right but remember that this is on

CNBC it's on mainstream media you have

black rock who five years ago did not

care about

crypto why are we seeing the sudden push

for crypto now everyone can say oh well

it's because Larry think's very smart

knows that Bitcoin is a very great you

know vehicle to get away from the

traditional system let's be real here

the reason why BlackRock is pushing

Bitcoin is because they make a ton of

money off of individuals trading the

ETFs not only that but remember what I

have said about Bitcoin it is the

biggest retail scop out there we are

seeing Bitcoin being pushed pushed in

the middle of a cycle at a time where

Bitcoin

dominance is on the edge of a massive

selloff I have been outlining this for

weeks now we are still in this range

that by the way we have been in since

going back to April and we are just

waiting for this thing to break down we

are seeing Bitcoin being pushed at a

time where you should not even be

looking at Bitcoin you shouldn't even

care about Bitcoin

you should be looking into old coins

because Bitcoin is not going to make you

rich this cycle and I've outlined this

on multiple occasions but also the

number one thing to look at when it

comes to bitcoin is dominance I said

over on

X Bitcoin is the biggest scop pushed to

retail and nothing will change my mind

on that once the market doesn't rely on

bitcoin to move it anymore it will be

very interesting to see what happens

next and yes because although we're

still in a market heavily dominated by

Bitcoin right we have to still rely on

bitcoin to move the markets guess what

since going all the way back here to

2014 we can see that during the 2021

highs on bitcoin dominance dominance was

still down

26.2% even currently speaking it's down

45%

it has lost 45% of market dominance

since going all the way back to 2014

we're not even talking about since

Inception and also if we're talking

about this being the top here back in

April it is still down

42.7% from

2014 Bitcoin continues to lose share of

this market now obviously yes we have

more and more coins so you know Bitcoin

will continue to lose dominance but once

regulations come into the space and we

don't have to rely on bitcoin we're more

so relying on utility what's the

lucrative selling point for holding

Bitcoin outside of oh it's a store of

value it's an Escape From the

traditional system that can only be

touted so much that could only maintain

its value for so so long running on

those you know ideals what's the actual

value here and by the way as we really

look at what black 's goal here is

remember what their end goal is

tokenization they know that a new world

of finances coming they understand that

the traditional system is breaking it's

collapsing a new system is

rising who will the winners be is it

going to be Bitcoin no Bitcoin is not

sustainable for financial use cases

especially at scale when we're talking

about tokenization everything will be

tokenized you you need something very

scalable very

efficient for those types of financial

use cases this is why I say Bitcoin is

the biggest scop everyone loves Bitcoin

right now and it's because this Market

relies on it but at what point do we

have to step back and say what's the

actual value of Bitcoin what's the whole

point of holding Bitcoin if it's just to

kind of you know lead the way for this

for these Bull and Bear Cycles that's

not going to last forever so I do

question what's really going to happen

when Bitcoin is not moving the market

anymore and what happens once Bitcoin

does get flipped because that will be

the major point of interest for Bitcoin

because at that point we see how strong

Bitcoin really is in this market and

remember we already know one asset that

has really kind of flipped Bitcoin and

even

ethereum and that asset is

xrp even though it was for a small time

for bit coin it did flip Bitcoin now

just recently Ripple put out a report

it's asset tokenization today and

tomorrow this is from July 15th I went

over here and I summarized it with chat

jpt we have asset tokenization currently

valued at 3.5 billion could potentially

grow to 16 trillion by 2030 presenting a

huge Market opportunity however several

challenges are hindering its full

potential as discussed at the London

tokenization policy Summit hosted by

Ripple and Imperial College Business

Schools Center for financial technology

key insights from the summit highlight

the vast potential of tokenization such

as removing intermediaries improving

efficiencies ensuring data protection

and enabling real-time settlement use

cases include tokenized mortgages

Consumer loans property purchases and

enhanced Capital flows for smmes despite

these benefits mainstream adoption faces

obstacles like the lack of special

purpose Vehicles the need for

cross-chain protocols limited liquidity

and the need for simplified tokenization

processes to address these challenges

the focus should be on collateralization

valuation and secure pass Keys

establishing a robust regulatory

framework is crucial for sustainable

growth yet regulatory variance between

countries and gaps in digital asset

governance post significant hurdles

public and private collaboration along

with improved policies and understanding

of tokenization benefits are essential

the UK is actively working to boost

digital Innovation and compete globally

by developing a new framework for crypto

tokens and digital assets to

organization promises to enhance Global

Financial efficiency potentially

reducing the 5 to 6% of global GDP lost

annually to system friction achieving

its full potential requires a

coordinated effort involving Banks

traditional Finance players regulators

and continuous education and

collaboration now mind you yes the UK is

now officially ready to full on uh move

towards a regulatory framework with

tokenization and even crypto within this

full breakdown though on uh Ripple

website we could see the new Financial

framework like this is basically they

the new framework for the new system

like these these areas around the world

the UK uh the UAE even you know some of

the other areas like Hong Kong and Japan

like they are ready fully to push for

crypto regulations Europe with M was a

big deal and I told you guys that that's

going to accelerate the push even more

tokenization

is the goal everywhere this is going to

lead us down the path to the new

Financial system black Rock's CEO Larry

thinkink back in December of 2022 even

told us that the Next Generation for

markets is tokenization guess what that

is not Bitcoin Bitcoin is not you know

going to lead the way for tokenization

in fact Bitcoin will be tokenized on

other efficient networ works because

Bitcoin itself is very inefficient

everyone will say lightning Network

lightning Network guys it's a layer 2

Network that makes Bitcoin slightly

efficient but remember that the

lightning network is very vulnerable to

hacks exploits and it's not even

consistent and efficient so as we really

look at what's going on here focus on

the facts and

also remember that black rock actually

highlighted the SEC suing Ripple case

right we have black rock brought up the

example of the SEC suing Ripple and its

Executives over the sales of xrp in the

Years prior to the sec's action xrp's

market capitalization at times reached

over 100 billion however in the weeks

following the sec's complaint xrp's

market capitalization fell to less than

10 billion now they noted this but what

they were talking about was the

uncertainty around

regulations they were talking about how

we need not only to have Pro crypto

regulatory movements but they also

highlighted this in argument of their

bit Queen ETF which means they are aware

of the SEC they are aware of what Ripple

and xrp are doing they are they're also

aware of the SEC case but outside of

this as well remember over here they

fully broke down um you know xrp and

ripple and the case leading into this we

also have a few players from Black Rock

that also work at Ripple Craig Phillips

director at Ripple remember that he left

his um his leadership roles at Morgan

Stanley and black rock to join Ripple

also building on top of this remember

Robert mitnik yeah he works at Black

Rock he used to be a he used to work at

Ripple he was tied back to Ripple like

there's a lot of connections here Back

to Black Rock not only that but remember

Larry f being asked about an xrp ETF he

could not speak on that Brad

garlinghouse could not speak on that why

what's really going on behind the scenes

but regardless of you know if we're

talking about Bitcoin or not I think

that we're starting to see a much bigger

picture here or at least I am right

they're feeding the Bitcoin narrative

they're feeding the Bitcoin trap oh it's

Bitcoin it's Bitcoin jump into Bitcoin

or even ethereum right everyone is

forgetting about the focus of what

Ripple is trying to do with xrp back in

October of 2021 Mickey B fresh put out a

great video clip and this is actually

from bank xrp but we have Ripple

managing director of APAC and Mina

ripplet was built as Fiat payment

network but the endgame is using to turn

up on demand liquidity using xrp and

major corridors we see new use cases for

our technology and xrp around nfts and

tokenization the world economic Forum

says 10% of the world's GDP will be

tokenized by 2027 this is a focus of

mine as well it's just how big

tokenization will grow to in just the

coming years guys

tokenization is going to change

everything but this is where we start to

see the big Winners actually be realized

in this is where we start to see the

Antiquated Tech in this space get pushed

to the side because they cannot handle

the scale of how big tokenization will

be remember that you still need to

transact tokenized assets you need to

have all the friction of the traditional

World completely eviscerated how do we

do that we utilize technology like xrp

with ripple payments but check this out

this is really the endgame is what can

we do to turn that on with this

blockchain technology and cryptocurrency

to even accelerate that Network now this

is really the endgame is what can we do

to turn that on with this blockchain

technology and cryptocurrency to even

accelerate that Network so we have a

product called On Demand liquidity which

is effectively using xrp uh the digital

asset uh to settle between

members of the network between big

corridors on that Network and again do

so in a way that has been highlighted

today that we can track who sent it who

received it when did that happen

irrefutable in a way that's faster

cheaper and Greener and so we're really

excited about this we are doing this and

building a a big APAC headquarters in

Singapore because we happen to think

this is one of the great cities in the

world to do so um Talent standpoint

Market standpoint APAC is a huge uge

market for us um I also look after Mina

which is an incredibly important Market

as well and the two are linked as far as

trade flows and payment flows as you

would expect um we are importantly kind

of bringing it to this panel we believe

in doing this hand and glove with The

Regulators around the world we do think

that in this sector um that it's

certainly better to be regulated and to

have regulations that we can all play by

um and we need to put ourselves in the

way of regulators that are thinking in a

forward fashion about this and we

certainly with the Singapore is Japan

the UK Switzerland uh some of these

jurisdictions which is why we're betting

with people real estate um and our

business model here and the last thing

I'll I'll hit on uh because again the

topic today is largely around payments

and blockchain and uh digital assets

exciting I also think the nft game is

incredibly interesting um we do think

there's other use cases for our

technology uh for the digital assets uh

and that can be around Central Bank

digital currencies it can be around nfts

we we do think there's other use cases

for our technology uh for the digital

assets uh and that can be around Central

Bank digital currencies it can be around

nfts we actually believe and put a lot

of faith behind this world economic

Forum report that says that just a huge

per 10% of the world's GDP could be

tokenized by

2027 uh in some form or another and if

you really and remember that the world

economic Forum also predicted that

86 67 trillion now mind you this is back

in 2021 3 years ago

867 trillion will be

tokenized when we really look at what's

going on here we're seeing the evolution

of money of everything of value these

networks that will be leaders in the

tokenization

revolution they will be massive you've

probably heard the saying Ripple is

going to be like the new Amazon all

right that's Ripple okay outside of

Ripple let's actually focus on the

technology here The xrp Ledger The xrp

Ledger is extremely efficient it's

extremely efficient for tokenization

financial use cases retail use cases I

mean it is one of the leading networks

in the space it's one of the very few

networks in this space that's extremely

efficient and has been around for well

over 10

years The xrp Ledger is tested it's been

tested for so long 100% uptime zero

problems a lot of people Overlook that

but when you are a big name whether it

be you know major Banks like Bank of

America City JP Morgan does not matter

whether you are a major Bank a major you

know uh payments

company you are looking at at the most

efficient technology the best inclass

technology but the TR the most trusted

technology how long has it been around

how much has it been trialed how much

has it been tested and that's when we

look at how big the xrp Ledger and even

xrp could be because it's been around

for so long and it has it's one of the

most efficient networks in the space for

payments and payment use cases so with

that being said hope that you guys

enjoyed this video If you guys

definitely leave a like subscribe

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guys more follow me on Twitter and join

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and with that being said guys it's been

Nick thanks for watching peace out