Ignition sequence starts six five four three two one zero liftoff we have a liftoff Hey everybody this is the digital asset investor and today I'm going to show you two things I'm going to show you what the children are up to then I'm going to show you what the adults in the room are up to so we'll start here because theAdults in the room are accumulating gold when I say adults I mean the central banks it's not a coincidence they're accumulating gold because gold will all then I'm gonna after I first I'm showing you my sponsor glint here because they have a referral code Dai Phi v50 and you can get 50 offVaulting and insurance fees for the next 12 months and this ends 14th of July see if you're this is for new customers only the link to this will be in the top of the description now let's show you what the children are doing and what they'reSaying about Bitcoin and um and before I show you this I want to remind you and it's not just been me saying it I remember when Mike novograt said now if Bitcoin gets too too high in price I don't think he said they would uh I think he said that thatMeant that uh our country or the world's in a lot worse Financial shape shape than um in other words he was saying we don't want it to get too high because because if it gets too high that means we've got systemic problems across the world well I say it a different wayBitcoin gets it get if it gets too high in value they will kill it and they can kill it in a thousand different ways but listen to this these are the children well I don't call these people children these people are manipulators they're they're carrying a narrative and I don't know all theReasons behind it right now but that's what they're up to talk about Bitcoin so what's your basic thesis you saw Kathy Wood I think would you say 800 800 000 or something by um I guess the end of the decade maybe maybe but but even by 2025 I think heWas talking about like three or four hundred thousand is that possible uh it yeah I think her our idea of network value for Bitcoin and scarcity uh still argues that if this isn't an Up Cycle her numbers are correct you know something in the 200 000 plus range it'sPretty battle tested this year because we had some of the biggest regulatory hammers come down on crypto and Bitcoin and it it's been bottoming you know it's on the bottom I don't know if you're going bad players but maybe not completely regulation compliant players are gone and and they've you know gotThe attention most of those are important been called out by that's right yeah there's been sort of a stage exit stage left uh for a lot of players but then we've replaced them with you know some of the traditional players that have a lot of credibility you know like theBlackRock and the citadels coming into Bitcoin so I do think there's reasons to be optimistic of you know we with equities we have price to earnings multiple I'm not sure how what what would you use for Bitcoin stock stock to flow or or yeah you canUse stock to flow you can also look at break evens on mining and uh you know like a Price to Book metric and as you know good the good news is that because of things that are uh like nft like on Bitcoin now which is a variation ofColored coins you're seeing increase in minor activity so miners are actually making money and I just think Bitcoin has a lot of technical support as well I mean unfortunately it does trade like a risk on assets so the fact that the s p is up this year and the nasdaq's up 38 percentThose have historically been associated with with the best years for Bitcoin it's up a lot more than uh than either of those in it you know at 17 it looked like it could go back to eight yeah and it did earlier in the year not to say that itCan never again people still have a pretty I still hear pet rock all the time beanie babies yes they do yeah that's greater so no inherent value still hear all that stuff rat poison yeah or it's backed by nothing and I think I think traditional Financial players realize that you know the entireFinancial system is really you know anchored by trust and trust and a system and also sort of the network value I think the power that they just want they're just coming from a greedy angle and they want to get one more good run up it's a dollar before the real stuffShows up or you know Fang stock prices and I think even you know credit derivatives and I think increasingly that explains why Bitcoin you know has held its levels and could be right their toys old school you still don't really you don't really have a I IGive myself a permission well I don't but you know everything you just said about Bitcoin has always been said about gold right so gold is never really been fully embraced by by the mainstreams there's always been this kind of skepticism at the core oh it's been embraced by the mainstream CentralBankers the the people that matter they've just tried intentionally tried to uh keep everybody else away from it so I don't think that that necessarily nobody thinks nobody thinks gold is going to zero that's zero no because you you know there are things you actually use it forBut well that's not what makes people valuable of yours it's like you need to have some way between different cultures of accepting something that you've done in exchange for something they boy under everything in my gut tells me that these people the reason it doesn't make any sense the reason we'veWatched this narrative carried by CNBC who work for the ultimately work for the powers that be the central banks and all the reason that they've been steering every all the hordes towards Bitcoin I'm telling you they're steering them to it away from gold they had even had a drop goldCampaign and they won't even mention the word xrp or xlm any of these things that the real world financial system is going to be built on and we'll get to that in a second we're still talking about the children pro shares Bitcoin strategy ETF a Bitcoin Futures fund last weekRecorded the highest weekly inflows in over a year and then we've got this this is interesting Bitcoin return on an investment on investment in one year it was 46 over 14 years it is 4 million percent that's pretty amazing but if you have all of if you have told all of yourControlled media from CNBC on down pump Bitcoin and you've done it for they've done it for the last 10 years since bitcoin's existence they've done it yeah you could probably get four million million percent now on to the what the adults are up to because this is what'sReally going to happen I just showed you they might allow Bitcoin to live until they don't but this is actually going to happen now to be sure tokenization efforts are already happening crypto and decentralized finance or defy offer the glimpse of tokenization's promise so is a flawed systemThat cannot take on the mantle of the future monetary system outside crypto private sector initiatives you a member remember the Puppet Master Gary Cohen I played a video where he said you cannot build a it's what I've been saying for five years nobody's building a new Financial system and without knowing who SatoshiNakamoto is and they're in a box they can't come out and say they've known all along it's not happening ethical applications of tokenization for real world cases but they have been hampered by the siled nature of their initiatives and have been disconnected from other parts of the financial systemWhat these projects have lacked is a tokenized version of central bank money as the settlement asset having central bank money in tokenized form as a settlement asset in the same venue as other tokenized claims provides a firm foundation to the functionalities of tokenization the smart contract can then refer to theMeans of settlement as well as the underlying claim that is being transferred in this way the foundation of trust provided by Central Bank money means that it can knit together all the key elements of the financial system now tokenized forms of private money complement cbdcs and provide the primaryMeans of payment for real and financial transactions and there are two main candidates for this role asset back stable coins and tokenized deposits both represent liabilities of the issuer redeemable in The Sovereign unit of account but they differ in crucial respects on how they are transferred and hence in their suitability as aPrimary means of payment stable coins in essence represent the transferable claim on the issuer similar to a digital Bearer instrument the similar in spirit to the private banknotes that circulated during the Free banking era where private money where private money circulated with the issuer's name printed on the NodeSo everything he just talked about has to be built on something we know for a fact that stable coins and notes and all this could be built on The xrp Ledger it cannot be built on Guess Who Bitcoin now Fred comes from digital perspectives has been talking about this kind of stuff aLot over the over the last couple of years bear he says here bear bonds when something is a note this is the language of the banks I've always said if the banks are going to use digital assets they need to be called something the banks already use and understand insideOf their regulatory framework this when something is a note business is not over by a long shot he's over the target there then we've got this listen to this archival accounts if they don't open up then you have no convertibility and therefore you have limited ability forThe r b to internationalize it so that that is just the economics right and uh and and that type of question is much more nuanced then um you know just whether or not to you know issue another digital version of Fiat um so that will likely take place slowlyAnd I would argue over decades and and so that process of you know the r b uh you know becoming a reserve currency and you know uh coming up on the world stage it's going to be a slow gradual process the second uh point I'd like to to makeIs a point that was made that basically the whole world has flipped the switch on digital currencies bis has a bank of international settlements has indicated this third survey that 86 central banks of the 65 surveyed are actively researching their cbdc's and that one-fifth of the world's population willBe exposed to cpcs of their home countries but in three years and if you look at the scale of you know some reports that are saying that there's going to be 24 trillion dollars of digital assets by 2027 that's one fourth of the broader money supply right and soThe whole world in a number of years from the digital Euro to the US to already leaders like Hong Kong and Singapore and you know Switzerland et cetera et cetera um they're all going to flip into digital currencies and then the question that you have to ask at that point isWhen they have these digital currencies out in the wild and commercialized um how will they interact in the international monetary system most likely it will probably not be uh it certainly won't require the old international monetary system the Swiss payment rails uh it will probably not need to involve direct convertibility orOnly through Reserve currency of the US dollar and so what you're going to end up with is a much more multi-polar world one where um you know every country big and small will have a seat at the table China will be there us sounds like he's sure talking about aShared basket like an esdr to me how about those apples or them apples all right now check this out there was some kind of a rumor I kind of missed it I was I was busy this weekend but there was like a rumor going around uh thatRipple was buying back 10 billion xrp and John Deaton here said that he didn't believe that but then David Schwartz um says we do sometimes buy xrp but I don't know anything specific that this could be referring to and there's no official Source mentioned so that may have justBeen a rumor but we can put uh there are rumor sometimes we have rumors on our thumbnails it does happen um then we've got this from Michael Branch when the lawsuit ends it won't hit ten thousand dollars one thousand dollars one hundred dollars or fifty dollars it could reach an all-time highWhich is above three dollars and seventy cents and we should all be uh more than satisfied I agree with this my actually yesterday my um 10 year old and my wife they made predictions after with a with a favorable outcome on the SEC lawsuit IThink my son who's 10 okay give him a break I think his was like a thousand they don't know anything about this then my wife was like I think it was like a hundred so the way I and I'm I don't predict this stuff but I think that thisIs kind of in line with what I think I think that it's very possible that xrp like in in the short run after the lawsuit achieves its all-time high which it should have had two year two or three years ago I think it would it would achieve that and probably it could goAnywhere you know to into the ten dollars in in the short to Mid run and then when utility kicks in and when everybody who realizes that they can now buy and hold xrp all the institutions the banks and all the different people around the world I think that that price will continue toRise and then when utility finally becomes a part of the thing I think all bets are off that's when I think you can go off into the three digits and Beyond um okay then we've got this from Warren Davidson fire Gary Gensler fixed the Securities Exchange Commission Wolf ofWall Street said the the movement to fire Gary gensler's gaining steam prompted by efforts of U.S congressman Warren Davis in his proposed SEC stabilization act I'll say it again Warren Davidson if you're listening out there you can talk all you want about your bill and all that but my experienceWith these bills when you don't control both houses and the presidency is that it all it is is a political move prove me wrong Warren Davidson if it's not just a political move to try to make you look good then shut then turn off the moneyTurn off the funding of the SEC because your bill is not going to pass is my understanding right so if your Bill's not going to pass then it's all for show unless you do something that actually stops Gary Gensler so turn off my understanding is that that com that theyCan turn off the funding in the House of Representatives to Gary Gensler so the rest of it is BS talk in my opinion just to make it look like they want to shut Gary Gensler down Anthony welfare good morning London Town it's definitely a big one todayThis reminds me of what people have been saying on social media and xrp Community for years is London London is ready so is London ready that's the question um and I don't even know what that references but I've heard that phrase a thousand times IMS suddenly flips onCrypto as Wall Street fuels a 200 billion dollar Bitcoin ethereum and crypto price rally I'm the digital asset investor I'm not an investment advisor this is for entertainment purposes only Please Subscribe hit the like button tell your friends and family the IMF is all in thanks for listening Foreign