XRP THIS IS MASSIVE! BOOooom!💥

本站添加: 2026-05-10

[00:00:00]Hey guys, David here and welcome to Saturday question and answer right here on the digital outlook channel. And I'm going to tell you guys, it is so great to come out here and to sit outside. I'm in my, you know, kind of my back porch area. It's kind of covered here so I don't get blasted by the sun. But, you know, I get out here and I and I spend this time talking with you and I really feel like I'm talking to my own family a lot of the time. you know, I'll come out and I'll share my enthusiasm, what I believe, you know, why I believe and all that kind of stuff. And right now, I would say I know that a lot of people, you know, you're out there, you're in the space, you've been in the space and you're trying to, you know, you're you're encouraging yourself, you're, you know, doing what you need to do to keep yourself appraised of what's going on and all that. But no matter what, even when we do all that, boy, do we ever feel the tug on our patients waiting for things to happen. One of those big deals, of course, has been this whole Clarity Act business. And now we're at a point where the Clarity Act is already getting marked up. And I think it's like the 14th of May that now they may even vote on this thing. And a lot of people are wondering, well, what really would go down once this whole Claria comes in and what do you really believe and and about what it's going to do and why that's so vitally important? And this is where I actually this is what I think about it, guys. So with the clarity act, one of the biggest deals of course is this whole banking system that we've got. Now the banks are out there and they're saying they do not want any kind of language, you know, when it comes to any kind of yield generating products for stable coins. Now the reason they want that of course is because they believe that oh well people will just withdraw their funds from the bank cause a massive banking crisis and collapse and then they will go and they will take that money and put it into these yield products these stable coins with you know money service businesses and not the banks because you know the money service business might turn around and offer 2% more than what the bank does and so you know they don't want any of that competition but beyond that it's the whole fractional reserve banking do you If that thing went down and they did allow for that yield generation and it's not through the banks and folks did go out there and decide hey I'm going to withdraw my money from the bank well guess what the bank has leveraged that 100 to one guys in loans well when those you know deposits get withdrawn and that money is not available guess what well there is a major vulnerability and shortfall there and by the way when you do deposit your money in the bank. Do you realize that you have literally gave given over authority to it? You have I know it doesn't people don't think like that cuz you know the bank you know in order to have that credibility that you go in and you withdraw some or this that or whatever and they charge fees but the reality is you have given it to the bank. It really becomes part of their books and records. It's really not yours in that capacity. And so it it it really can cause a major kurfluffle and a massive banking crisis should they, you know, not have these kind of like guarantees or or things in there for the banks. Now, I do believe that there are going to be yield generating products, you know, postclarity, you know, that will not necessarily all be with the banks and they might not all involve stable coins. Maybe they're going to involve, you know, XRP or different other assets like that. And we know Hideera Hashgraph is proof of stake already. We've got Cardano proof of stake, you know, proof of stake for Ethereum and all that. And so those products as proof of stake, well, there is some kind of, you know, staking reward. Now, it's not called a yield, it's a staking reward and that's how those networks work, right? And so, we don't know, but I think they're going to try and figure something out. But as for for stable coins when it's a dollar for dollar unit, no, guys, I don't think. I think that's going to be sticking with the banks. And in fact, I think they would bring the tanks out onto the street if they didn't get it. Now, these holdups have been really negotiated and they're putting some paper into it right now as they mark this thing up. But I do believe that the Clarity Act is coming.

[00:04:14]I do. And the reason that I believe it is because of course the necessity for it. You know the banking system, the financial system and the infrastructure for it around the wide world. You and I in this digital asset space boy we know this for sure has evolved massively. You know in the domestic markets Fed now right it works off of distributed ledger technology. They want to do away with the nostro accounts and that kind of thing. So crossber remittances you know will be utilizing that you know distributed ledger technology. We saw that, you know, trial run there with JP Morgan teaming up with Ripple for US treasuries. You know, it's all about the evolution of the space. And so, you've got to have rules of the road. And this is where I do believe that that Clarity Act is getting passed. Now, I know we've heard all kinds of fuzzers say, "Oh, no, it's not." And if it doesn't, well, the midterms, you know, um the the House is going to shift. You're going to have more Democrats and this and this and that. And then they're just going to gum up the system. No one's no guys, they're not. Both sides of the aisle want it.

[00:05:19]Both sides of the aisle know that our financial system needs it. And you literally have the infrastructure for a lot of countries around the world already getting ready for that, right?

[00:05:30]Regulatory wise in terms of their laws and regulations. Micah regulations over there in the EU. We've got UK and Australia and most Commonwealth countries have it all hammered out and stuff like that. And so here you are in the United States and we are just you know here it's like crazy guys. It doesn't matter what the legislation is.

[00:05:49]It could be legislation about oh you know some rules regarding you know um uh the electric power grid and you know they'll stick some kind of stuff in there that has nothing to do with that.

[00:06:01]Oh some minnows in some lake over in Waktucknuck somewhere needs to have you know a couple million dollars assigned to it so that you know there could be a study done on it. has nothing to do with the bill but is stuffed in there. Well, that's the kind of nonsense that, you know, has gone on for so long. And, you know, this is why we need folks like John Deon. Now, I'm just has a pause.

[00:06:22]You know, Judy has been a little sick under the weather, but we are going to get John Deon on soon. And he has got some stuff in there, guys. Proposed legislation where you don't have all that pork stuffed into all these bills, which I would really get behind and support if I was you, you know, in that area. That's for sure. We got to get this guy into the Senate. We need people. There's people that have been in there, guys, since I was six years old.

[00:06:47]Can you fathom that? For 50some years.

[00:06:49]They've been sitting in these seats.

[00:06:51]They need to be turfed out of there. And let's get some fresh blood. You know what I mean? So, needless to say, this is why I believe clarity is coming. Now, when that comes, I'm going to tell you right now, I personally do believe it's going to have an impact on the prices of these assets. Why? Well, all of the massive institutions that their fiduciary responsibility will not allow them to touch the space because of the ambiguity in the regulatory environment.

[00:07:20]Well, when that's gone and all that's done and all of the, you know, the the volatility of this space has come down because it's predicated of course on the uncertainty. Absolutely. I believe we are going to see some major major moves.

[00:07:34]Now initially I think it could be something maybe a 10 to 12x maybe initially but down the road with application not adoption they have adopted it but it's application guys think about it it's the it's these decentralized apps and how people are going to be interacting with it and on and on and the utilization of these networks like XRP that are going to send the price is insane and of course you got Ripple out there you know tip of the spear in terms of like what they're providing for institutional clients, you know, with Ripple Treasury, Ripple Prime, and all that. Well, guys, I think that's going to trickle down into retail. And when Brad Garlinghouse literally came out just the other day and said, "Hey, there's something special that could be in the works for XRP holders when Ripple IPOs, that right there, wow, what a statement for any CEO to make, especially one that is a $50 billion unicorn. Ripple is that's phenomenal. So when I look at this space and I think about what's coming, yeah, my patience gets tested too, but I I I don't mind waiting. I think about it like this. I worked 24 25 years for the federal government up there in Canada, right? In 13 months, what we saw in this space literally overturned every dime of what I had built up into that retirement plan, right? It it just revolutionized our lives. Would you be waiting, willing I should say, to wait maybe two, three, even if it took five years to see massive application that would literally change your situation and your family for generations versus, hey, going there doing that 9 to5 for 10, 20, 30 years, then retiring and stuff like that. Come on, guys. This is where we get out there and allow that to sink in big time deal.

[00:09:22]and at the same time educate oursel financially and get out there and really to understand the psychology of this market and all the stuff that goes with it. You know that I've got my coaching.

[00:09:32]That's why we do that is so that there is a avenue for you to get educated in the space. That's why and I know there's lots of folks they charge five times what we do to do it. And guys, I do believe there's value value in it. And if you're interested in doing that where we get together for that one-on-one for 1 hour plus by the way over Zoom and take a look at your portfolio, make sure that it's balanced towards your goals and help you identifying the psychology of the market and literally sharing with you some big time different methods of decisiveness, techniques, analytics, you name it, that you can employ and help yourself get ready to be more successful than you could possibly be without it.

[00:10:15]Then guys, visit me at the digitaloutlook.com. Get yourself on the calendar there. And by the way, get yourself into the mastermind so that you can be around likeminded people. And we do have educational resources in there as well. Crypto 101 all the way down all the way down to understanding DeFi and all that. Avail yourself of what is out there, guys, because that's what's going to make it help you right in here to really make it. The future's coming. No stopping it. Absolutely. For sure. How can you benefit from it? How can you take advantage of the opportunities that exist right now for what's coming next?

[00:10:53]That's the big deal. So guys, I'll tell you what, until tomorrow, we're going to have an amazing sugar on Sunday. I sure hope you're having a fabulous one and take care.