The video masks the total lack of consumer protection with high-sounding terms like "radical accountability" to appeal to the crypto-intellectual crowd. It is a sophisticated way of saying that while banks get faster settlements, the average user is left entirely on their own in an unforgiving system.
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Is the Next Generational Run of XRP Upon Us? Key Signals!Added:
Oh, [music] [music and singing] heat.
[music] [singing] Oh, [music] [music] heat, heat.
[music] Heat. Heat.
[music] [music] Heat. Heat.
[music] [music] >> [music] [music] >> Welcome seekers to the sanctuary of the enlightened. [music] The sacred transmission will insight sharpness into blade and narrow sights expand [music] into limitless dimension.
You have reached the gateway. You have obeyed the resonance pulsing through the XRP [music] ledgers. Timeless passage here within the sanctified digital [music] cathedral. The enigmas of cult unveil themselves moment by moment streaming primal wisdom from the blockchains [music] in crypto deaths straight into the awareness of the worthy. The broadcasting nights the oracle emerges. The universal frequency synchronize.
Those who gather [music] here do not passively watch, but they elevate. They metamorphos. They become the meme incarnate whether to crawl [music] from the desert of confusion. Starving craving illumination. [music] Now you're part of it.
[music] Welcome to another broadcast of XRPL.
>> [music] [music] >> Ladies and gentlemen, welcome one more time to the cold cast. My name is Manonra. I'm your co-host and producer.
And here we got the star of the show, Fenor. What's happening, baby? What's going on, >> man? Colt rising on a Friday. Feels good to be back, man. Feels good to be back.
>> Hey, man. We We uh didn't do a stream last week because obviously you decided to take off and and and go to Vegas, but uh here we are, man. Uh we're back. Glad to see all uh the cultist on the other side of the screen. Uh by the way, I'm I'm off uh exel no longer. Uh my account is now banned so I can interact with with all of you guys and thank you for all the love that you guys showed me. So uh long story short, man, let's go ahead on and give me a quick update of what we're going to be doing today and then I will start asking questions. Let everybody know to smash that like button. Make sure that you share. Make sure that you like and make sure that you're watch. If you're watching on X, make your way to the Cult of XRP YouTube channel cuz that's where we're h we're uh talking with with low latency, meaning that if you say something and we want to reply to you, the only way to do that is to watch the comments on YouTube. So, we want to make sure that we do that. So, if you're watching right now on X, uh migrate over to YouTube.
That's where the action is happening.
aer go ahead on and uh update us on what we expect today.
>> Yeah. Well, it's like you said last week we uh weren't able to make the show, but I was able to make it out to Vegas. Bit last minute, but no regrets. Really glad I was able to make it out there. A lot of exciting things to share. A lot to go over in the show. But first, as always, we'll talk about the broad sense of crypto. Uh this time I think we're going to just keep it to Bitcoin is take that as an index view over all of crypto to see where we're at. I think we got a bit of time ahead of us. We got a little bit of time to prepare. Then we're going to get into uh the state of the ledger.
We'll share some stories from XRP Vegas.
Shout out a couple projects that were getting real active out there, making a lot of noise, letting everybody know how active it is on the ledger, where the next wave of generational wealth is going to take place. That's going to be on the XRPL. Make sure you don't miss that. Then we'll just jump right into the X feed and uh we'll carry it out with the meme of the week.
>> Sounds good. Sounds good. Sounds good.
As as always, man, you you you do a lot of work, man. People don't understand the amount of research that it takes to do this. I have to stay on you 24/7 and make sure that I get those notes so I can get this going. Obviously, on my end, the kind of worker, the kind of load is a bit different because I'm more on the on the tech and the production side of things. But either way, man, it's a lot to do, but we truly enjoy what we do here. We truly enjoy the community. We feel all the love, man.
So, let's begin, man. Uh I mean, I can't believe we're almost about to hit summer, right? We're miday full swing and you know, summer is around the corner. Uh so I we need you fenoord to help us zoom out and give us that overall vibe in the market right now as you said you know not only for the XRP holders but the market as a whole give us a market check on the state of crypto you said you was going to focus on on Bitcoin so take it from here man >> yeah so I'm basically taking my bellweather curve from uh blockchain backer as I think a lot of people uh basically do at this point he's had a lot of good calls my opinion a lot more uh good calls than bad calls. The ones that he, you know, maybe he wasn't totally satisfied with, he's been very transparent over the years. And I always lean on his thinking because he deploys from a method, right? And I think uh and he shares that openly and I think that's where we'll park it today is we'll take a look at what he's been saying, which is basically the bottom is in. Uh we're looking to see what kind of recovery we're gonna have out of this. And that puts us dead smack in the middle of a accumulation phase, right? This can go anywhere from 4 months, 8 months, 12 months, you know, anywhere in between.
And so we'll see we've got historical cases for any one of those timestamps.
But where he basically in a nutshell ended it is that he's keeping an eye on what's called the IGV.
Okay? And what that represents is that's basically a index, an ETF of maybe the top 100 uh software as a service companies. So this would be software tech companies.
You can think about your Microsoft, you think about your Salesforce, these type of a software as a service provider companies and it's got a very tight correlation uh with Bitcoin. In fact, he's looking at it as basically the uh the broader canary signal, right? So he's confirming the movement on the IGV, that's ticker IGV, and he's mapping that on to getting a close signal on Bitcoin.
Basically, to long story short, he put it down into three cases of what could happen. We could get that uh Bitcoin could go down into I believe it's the mid or low 70s. Set that by basically a double bottom, right? And then we can kind of range there. We can just range chop sideways or we could do what he what I took him to be most probable on.
What I think is probably most probable, especially when we kind of dial back and look at the time frame is uh this kind of uh basically you're looking for a liquidity event and then a recovery, a higher high and then a range, right? And so we keep getting these liquidity events basically where we get a sharp decline that goes up to set a recovery which is a higher high and we go sideways and we keep going like that.
And if you look at where we are right now in May, we're halfway through May.
Technically for markets, summer doesn't begin until like let's say Jan June 20 uh June 25th, so late June. And that to me is where we might see a bit of a stall because historically we do have the uh over the markets this kind of summer drought, liquidity drought. And that's where you get that phrase uh sell in selling may go away and give yourself a bit of time. And so that's why I think we've got a good opportunity here to park on where blockchain backer has said. He said he's his and I agree with this the top entry point that he's looking for a good signal is a roughly a2 to5 billion selloff in the broader crypto markets. If we see that that'll represent a great entry that'll probably represent the lower low for the accumulation range and it'll probably be up and to the right after that. That'll give us the rest of the year to uh focus on the XRP ledger and focus on all this incredible excitement that we were able to see. uh in Vegas from all these projects that are building. So, in my opinion, that's basically where we are uh in the broader crypto scene. We're just waiting on Bitcoin. We'll see what happens. It's in this rough zone of 80 to 70,000. It'll probably be there and uh we'll just wait and see what Bitcoin decides what it wants to do.
>> Yeah, I was going to say, you know, we we're looking at uh it's looking a little better. Uh but also, you know, the the XRPL has been it's been on fire lately, man. I want to hear all about >> what's what's happening. So, let's go ahead on and see if we can step into uh you know what what we call uh the the state of the ledger, right? So, right right now we just did a bit of uh you know the state of crypto in general. Uh let's see if we can do a state of the ledger and uh because that's home for us, right?
That's that's that's where we where we where we live in the ledger. So, there's been some movement, you know, uh we've seen some things coming from the XRP Ledger Foundation, uh that I want you to get into. Like I said, I I am totally here to sit back, listen, produce, and learn.
>> Uh and obviously, we have to talk about Vegas, man. You you you you didn't even pack. You probably just hop on a plane and and left.
>> Uh but yeah, give us a little bit of of of the current state of the ledger. any updates with the that the community needs to know then we can go into what you know the the foundation what's happening there I'll do some screen sharing and uh you know just want to make sure that you share with with us in the community what we need to know we want to stay informed >> absolutely yeah this a good time uh we'll go ahead and get queued up here uh for our what we have on X for the XRP Ledger Foundation XRPLF F and I'm I'm learning along with this. I know they have a history going back to I believe 2020 and we're just now seeing some resurgence here and we've got this article they've posted. So we've got the XRP Ledger Foundation meet the new XRP Ledger Foundation team. That's why we brought this up because it looks like they've got some official positions that they're announcing. We've got this Brett Mullen for executive director. We can just go ahead and scroll down. We'll knock through all of these. Uh, that'll be uh we got Dennis Angel there for chief technology officer. Looks like we got Renee. Not going to even try that last one. Ching, you tell me how to pronounce that. Director of operations.
We got Vet. Uh, we know Vet. That's from the Ledger's very own homegrown director of community. We'll see what happens.
Vet. Vet, don't forget us in the trenches. Vet.
>> Absolutely.
>> Vet, don't forget us in the trenches, Big Don. All right. Don't forget to show us some love. So, we'll see what happens. They've got a history. They're saying that the claim here is to show support uh community engagement for the ledger. This is definitely exciting.
This what we want to see. This what I personally want to see at Colt. And uh and hey, they've been following through.
They gave me a follow on X. I thought that was pretty cool. I've seen they've been following some other community members. By community members, we want to make sure we understand what we're talking about here. We've got uh different levels of community. Now, in uh the XRP ledger, we've kind of got this broader uh maybe tradant community. That might be what you see in Ripple and some of this upper crust of individuals. Uh then you've kind of got this maybe the XRP broader community.
This might be the middle of the road.
Probably some people from retirement, probably most people in their uh mid maybe mid20s, mid-30s, somewhere in that profile range. These people exist in the ether in different cross uh social media platforms, predominantly YouTube. That's why we're here on YouTube. Yeah.
>> And then you've got this deeper community.
>> Some people call it the trenches. You might call it whatever you want, but these are the people that are actually active on the ledger. We want to see all three of these community pipelines uh basically stay resonant with each other to one degree or another because honestly it's going to be all the layers being active that's going to bring full life the way that we want to see it to the ledger. So >> shout out to the foundation. Uh we'll see what they do moving forward. I'm keeping an eye on it for sure.
>> Awesome.
>> Awesome.
>> Yeah. Yeah. Now this is where we can transition into the Vegas highlights.
This will be a ton of fun, man. And uh you'll see I've got pulled up here for our first one the f the fuzzy guys here now. All right. Shout out to the fuzzy community, man. Look at this.
>> Yeah. Let this roll.
>> Just head over here.
[laughter] >> No snap. Leave him alone. Leave him alone, John.
>> [laughter] >> Okay, this is great. So, what we saw here in this video, >> we're basically looking at uh Not John.
That's who we got here, the PFP up on the up on the screen share. We'll see our good friend Not John. I was able I was actually able to meet he's a he's a top community member in uh Fuzzy. I was able to meet him in Vegas. Big dude.
Good guy though. Good guy. And you can see here he's given some of these fuzzy cards uh to David Schwarz, who they kind of jokingly call bearable guy. We'll let that slide. I I don't know how much David appreciated that. He seemed to keep a straight face. He's still me mugging. But uh hey man, this was incredible to see. So we got to say shout out to the fuzzy community. Look at how many people There's Brad himself.
They got them all wrapped up opening these card packs, signing them. This was incredible to see. All right. Right. And to see a fellow project from the Ledger get this type of motion. They were a top sponsor for the uh for the XRP Las Vegas event. And you can see there they got Brad, they got uh David Schwarz, a bunch of other pro prominent members from the XRP community um high and low. And everybody was out there clearly having a good time opening up their packs, getting them signed. And uh so shout out to the Fuzzy community. Special shout out to John, man. It was good to meet you out there. And uh I'm sure they got a lot more coming down the pipeline.
They just had another mint, I think, some more uh of these trading cards.
They've released these trading cards. Uh they've seen a lot of success and I think they've got a game coming behind it. Something like this. So, we'll move on from that one. But it was great to see uh it was great to finally meet a Fuzzy. I'm glad it was John. And uh man, that was a good time. So, you seen him up there opening them packs with David Schwarz. Is that not crazy?
>> Yeah. Yeah. Yeah. Yeah. It's got to be it's got to be fun to be there. Look, man, I look forward to to being part of this and and for everybody, go ahead and put it in your in your um in your chat section. Uh let us know if you guys were down there in Vegas. I mean, shared some some insights. Actually, I want you Fenor to share some insights about Vegas as well. You know, what were your your your top takeaways? But uh let's go to the next uh update on on X to see what's what's what's this all about.
>> Well, look, man, you talk about top takeaways. I mean, this was this was definitely a highlight for me. What we've got here. Special shout out to the Sigma community. Yeah, we'll let this one run. This is wild right here.
Look at that. Salana XRP, man. [music] So, this was actually at the Sigma party. So, that that's the actual Sigma party in Vegas. This was at the Hard Rock Cafe. And you'll see this is posted by a gentleman, believe the way you pronounce his name is Vivu. And uh this is a top Solana guy and Sigma on XRP which I believe has flipped Sigma on Soul once already and is close to doing it again. But Sigma on XRP was able to land Salana sponsors for their Hard Rock Cafe third floor up party. I mean this was definitely a highlight for me. I was able to meet a lot of the Sigma guys.
Twan, Zen, Nathan, Big Whiz, Laneany, I mean on and on. And they they had it bumping in there. Look at look at all that. I came in, took me straight to VIP. Got to meet Zen uh Tuan first and that was just that was an incredible experience. But but look, I mean, Sigma for the longest time has claimed to want to be the cultural hub of the XRPL.
>> Looks like they looks like they're on their way to doing it. I mean, that's incredible. That's incredible to see.
So, got to give Sigma a holler for sure, man, cuz that's incredible.
>> Let me see what else we got here.
>> We got >> Oh, this is where I really wanted to get to.
>> Yeah.
>> Yeah. Now, this one's hitting a little closer to home. All right. So, we'll we got these three. We'll take 10. And let me hit this water real quick.
>> All right. This is fantastic. So, here we got Seal. This is Deepo. Now, now this one might be a bit long. This is just showcasing their uh their their tool they built.
>> I'll play it. I'll play it and you can you can just talk over it. Do do a little little voice >> soft. Absolutely.
>> Yeah. No doubt. You can see this is what they've built and this is now Deepo the gentleman in the post here. He's kind of taken up an active developer role just in his own experience here in web 3 but actively developing for the seals right now. Incredible to what you see. All this stuff that you see playing in this video here is his work. Now, you'll see these other two gentlemen tagged in this post. Ascend and peak. I I had the pleasure of meeting these guys. These were some of the first guys to pick me up uh off of the airport uh out of the airport rather. They were ready to go.
Okay, these guys are high energy. Uh they're going to obviously attain a lot of success out here in their web 3 journey. I'm glad I was able to get to know both of them a little bit uh better now. And you'll see they submitted to the Shark Tank. Unfortunately, they didn't take home a winning prize that I'm aware of this time, but we saw what happened with Grid. Grid submitted last year. They did not take home a winning position uh the first time, but the second time around, I won't spoil it, but we got some information on that ahead. So, definitely be looking forward to seeing the Seals next year in Vegas. I'm sure they'll be taking home some prize winnings. And uh but yeah, man. And see, I want to make sure we don't forget about Deepo cuz he's the actual chef behind this. and he had his other two friends here, Ascend and Peak from the Seals, go out to represent them in this EZA Shark Tank event where people competed for $100,000 in prizes in Vegas. And so this was an absolute pleasure getting to meet these guys. And maybe maybe a couple things for the SEALs. We want to make sure that we uh if you've got an NFT for the SEALs, you might have heard me say this a couple times, want to make sure that you go to their website and you do the V2 seal NFT migration. And you want to make sure if you've got those NFTs that you migrate those on over for uh for what uh Deepo has built for the Seal community. So, wanted to make sure that we touch base with our friends over at Seal for everything they've done. And uh that will actually ceue us up for our next two. The next one being a special shout out to our friend Z in the Casino Society. They say you have to take it higher. And that's what Z did. Z did indeed take it higher. And if you look here, you'll see he's got a photo with his himself in the middle. And these are the two Quac brothers. Okay. So, Phil and Dom. Now, you got to realize when we talk about taking it higher, it looks opulent because it is opulent. the EZA uh company. These these gentlemen's endeavors last year were valued over $4 billion.
>> Jeez, man.
>> Okay. They were at the Sigma party and they had security.
Okay. They had active security around them at the party, I believe, everywhere they went. And uh so man, just to see these guys out here getting active with us on the ledger uh making pathways for our friends uh fellow community members to go out, achieve, earn, and then get recognition for that success. And then you can see here we've got Z taking a picture. He's a tall guy, by the way. So these dudes got to be giants. But uh you can see Z. Z picked Z's actually the one that picked me up from the airport. And this was a huge learning curve for me.
Something about Z is that he's practicing what he preaches. He picked me up. He picked up I don't know how many people from the XRP community. He was probably the the defining glue of the entire event for the actual people at the event that like in the actual day-to-day active people on the XRP ledger. He picked up almost everybody that you would know. He made a point to meet everybody. He was high energy with everybody. I mean, I don't think there I don't think there's one person that did more networking than Z. And that to me left a heavy impression on what the ceiling for the casino society is going to be because when you got an individual like this that's going to go shake everybody's hand and make a point about it.
>> Yeah. Straight up natural network. You know how that goes. You know the power of that.
>> Absolutely. Absolutely. That that's that's the glue that keeps everything together, man. That's >> that's that's right there. You know what what I live for, man. I love it. I love it. So shout out to C, >> you know. We appreciate what you're doing, bro. and and and keep it up, man, because it's like a snowball effect, right? The more you do it, the better you get at it. And yeah, we need more people like that. Absolutely.
>> Absolutely. Yeah. And and he and he was doing it. He did it all weekend. Stayed the course. And God bless them, man.
Now, here we go. We're going to go to our final guys here. We're going to park it on this one for a little bit. Special shout out to the grid, man. These guys won. They brought home $15,000.
in prize winning, man. And this is just so cool because we've been calling, we were talking about the grid, I think in our first episode. Yeah.
>> We've been rooting for these guys since day one. And to see them go out, get active, pitch. You only got two or three minutes to pitch on stuff you've been working on for a year.
>> You know what I mean? So, you know, God bless them. and they went out there, they got their pitch down, they go into the finals, they take third, okay, out of, I believe it was over 100 contestants, they were able to get down to the top 10, take home the third. This is only their second time at the Shark Tank. I'm sure they're going back next year. And I know that this was a huge step forward for them. $15,000 is not the same in everybody's hands, okay? When you when you give $15,000 to a team like the grid and you got individuals like Chaps, Z coin, these guys know how to deploy capital efficiently and get big returns on every dollar spent. I've already heard some of them some of these guys talk about what some of their next steps will be as far as purchasing servers, being able to deploy more scal scalability, reliability, security. Uh you know, this is this is what you want to see. and and I'll go ahead and give this a quick uh readout because I think he deserves it.
Let's see what Coin had to say here. He says, "Amazing time all around this year at XRP Las Vegas. Grateful for everyone who showed up to connect, participate, experience, learn, and build new relationships. We all come from different paths." And this is true, man, with and there was people from all over that came to this conference with different expectations at different hills to climb. It's on us to experience, adapt, course correct, reflect, and integrate. I mean, look, Coin's this kind of guy. He's a deep thinker. He's reflective. There's no doubt this is just the beginning for Grid. These guys are going to be so successful. He says, "Grateful for Z."
That's who we just talked about, who recently joined the grid. So, he's part of the team and is always finding solutions and creative pathways to keep sending it higher both as individuals and as a collective. And and he proved that he did that when we he says keep setting it higher. Thank you for hosting an amazing time to everyone who showed up. Super proud to have competed for the second time. Like I said, it's the second time showing up at EZA.
>> So they didn't mission drift. They kept the course for their original ideas.
They showed up. Says amazing to see all the Uggabooga fam. God bless them. You know, Ugga is uh part Grid is part of Ugga Labs. So you've got Ugga Grid, Ugal Labs, Nosis. These are all part of the same umbrella. And he says right here at the end, don't take it personal. It's banana business. Not so simple.
Absolutely, brother. Absolutely. Hey, simple, not so simple. It's just uggonomics. Don't worry about it. Yeah.
Ugabooga forever, man. So, it's good to see these guys win. Bring home 15,000.
Can see there they are. Especially that bottom one. Yeah, that's them with the check in their hand. They got a big big check 15K. There's Z Chaps and Coin up there presenting.
There they are. Boom. Money shot. God bless them. Deserved it.
And that that's Vegas, man. I mean, it was active. All these communities, all these different individuals. I showed you EZA 4 billion over $4 billion valuation. All the different teams show up, people networking, supporting each other. You got the Fuzzies as a premium sponsor for the event giving away cars.
They're get got Brad and David literally opening packs, signing them. You got Ugga with the grid out there winning bringing home cash money prizes. I mean, you know, this is this is as good as it gets in my opinion. So, I I had a great I had a great time out there in Vegas for sure.
>> Yeah. Yeah. Yeah. Yeah. I was I was, you know, following, you know, liking and and just try to stay in it, you know, cuz I mean >> Absolutely. I you know you you you're you're here at home and you're like at home and you're like okay I'm sleeping in my bed the night but I'm also want to be there right it's like I wish teleportation can get here a little sooner you know what I'm saying so you can you can you can be back and forth uh but anyways man that's that's phenomenal we see what these guys are doing uh what's what's shaking up on the on the you know mainstream crypto uh uh sentiment uh what's coming up for the XRP PL all these projects all these awesome people uh you know the the community that is growing I think that we are uh at a moment where a lot of there's a lot of convergence there's a lot of things happening uh coming together and I think that that's why is uh an important job that we're doing here which is informing educating generating replayable content for people to come get informed and and start becoming part of of the ledger. I mean, we definitely want to be able to uh bring value like these guys are bringing value like these organizations are bringing value to the ledger. We want to be able to be one of those um uh we want to be able to be one of those uh small players in the pond in the sense that uh yeah, we we want to get this information into the eyes and ears of people and hopefully they act on it. Uh how about we go into X again, but this time let's go into the feed to see what the feed has for us and how you can break it down for us. All right. So >> yeah, >> uh, Fresh Ledger dropped a post this week, uh, you know, and you had to do a double take on it. Ripple, Mastercard, JP Morgan, and and a bunch of others >> all in the same sentence. What's is what's actually happening here? Because if this is what it looks like, man, it's it's bound to be huge, man.
>> I know. This was incredible. I saw First Ledger uh, retweet this one and I thought to myself, what's going on? Let me let me do a double take. is like you said, we got Mastercard, JP Morgan, Ono Finance, Ripple, all in the same sentence. I said, "Hold on, what's going on here? This is probably the biggest announcement of the month for the ledger." I mean, this is a very big deal.
>> What does it mean, though?
>> Yeah. I I I had to go do a little bit of research myself and make sure cuz I don't want to misrepresent this, but from what I understand, we've got JP Morgan, Mastercard, Ono Finance, and Ripple complete the first crossber tokenized US Treasury redemption pilot on the XRPL. Okay, this happened on May 6th. Okay, this is basically a top top point of information uh certainly for the past month, but this this is major all the way around. It's a major Wall Street pilot where Ripple redeems on those USG tokenized treasuries on the XRPL.
Okay. The asset leg settled in under 5 seconds. This is on the XRPL. I was going to ask you to break break that down for us, but yeah, >> with Mastercard's network routing instructions to JP Morgan's I believe it's called Kexis, which is for a fiat settlement to Ripple Singapore Bank. So, we've got this kind of organized p linear pathway for uh money settlement and transference. Basically, remittance is what we're looking at. And this is kind of what we've always heard of uh kind of these whether it be NDA or not these kind of bigger connections coming together on behalf of Ripple uh using the XRPL uh seeing these kind of treasuries and all this type of higher value uh asset growth and and money remittances flow of value on the ledger. This is what we wanted to see and it looks like that's what we've got here. And in fact, uh I believe it was First Ledger in their tweet said all the money basically running on uh on XRPPPL. And it's like, man, it's look it's looking great. How do they put it? The whole world will use XRPL. Yeah, it's looking that way.
>> Will use XRPL. That is crazy though.
>> Yeah, that's a big deal.
>> That's what we've been, you know, waiting for. That's what everybody, you know, all the doubters, all the people that said, "Hey, it's never going to happen." and all the people that said that they're better technologies, all the people that that that I mean, all the naysayers, and now we're seeing it coming to light, coming to fruition in front of our eyes. I And I think this and this is just the beginning, man.
That is the thing. We're we're just scratching the surface, bro.
>> It is just so phenomenal to see this development like developments like this now. And and that's not to minimize all the awesome stuff that is happening also on the ledger with the guys who are grinding, you know, on in the trenches, right? I mean, of course, we look at stuff like this and >> we see some of the, you know, trifi people, you know, becoming to put these tools to work. I mean, and and and we still um and in the front lines try to make sure that that that all the stuff that we're doing is going to pay off cuz what what we're going to see here is a uh exponential growth in everything that we're doing and and for those who have been playing the long game, this is going to be it's going to be a >> uh it's going to be a big payout at the end, man.
>> Yeah, exactly. And I mean, this is kind of such a long journey we've all been on, but here we are in the other side of the SEC case. Uh, we've got the Genius uh Genius Act behind us. We've got Clarity in front of us. Uh, and now here we are. We've got some Mastercard announcements, stuff like that. So, so I took this to be incredibly bullish. This is what we want to see. On the other half of that, we've got um, like you said, kind of pivoting back to the Ledger, what's going on on Ledger. If you remember the last time we were together, we were talking about uh First Ledger kicking off their new state to earn campaign.
>> Yeah. Yeah. Which which I which I'm taking part of and it's it's phenomenal to see.
>> Yeah.
>> Right. And it's my first time participating. But it is great, man.
>> And it's easy. You know, you get in there, you allocate some funds, you sit back and all of a sudden you start acrewing acrewing acrewing and that that's what we want to see. Uh now what we'll say is I believe now we are roughly now this post is saying we're 11 days in but this was a couple days ago.
So let's just call it maybe 13 or 14.
Each epoch is 30 days long. So we're roughly pushing into halfway through this second uh state to earn campaign.
Remember we got 50,000 XRP in the prize pool here to be divvied out. And so every day people are getting uh their allocation and then we'll get that big unlock at the end of the epoch where we'll be able to claim our rewards. Uh but yeah, it looks like we're still above 60%. Now you remember the first time we stayed over 100% for the allocation curve. Um and it looks like this time we're staying above 60, which is good. Uh you want to see more people taking place in uh take participating in this, which is obviously what's happening here. Uh and we've got a couple more of these. I believe they told me we've got maybe three or four more of these epochs to go. So, we got plenty of opportunity ahead of us. And if we remember back to the beginning of the show, we said we got anywhere from maybe 4 to 12 months of runway here uh before before Bitcoin kind of makes us mind up about what direction what's going to happen here. So, in the meantime, we've got First Ledger providing us our state to earn campaign epochs. It's great. 50,000 XRP up for grabs each time around. In the meantime, if you've been paying attention, you can't miss it. First ledger has been cooking, man. I mean, every single part of First Ledger, I think, has been redone at this point. Uh their their first the front page of First Ledger, their token filter pages, uh their trading terminal, the pool page, the portfolio page. Now, your portfolio page can be named. um they just now they're rolling out their feature set. So that was all just UX which was supposed to give you a better you know the better user design gives you a better user experience and it looks like they've put all that together for us and now here we go they're starting to roll out um we don't have it queued up in the show notes but I'll just mention it real quick. This just came out today uh so you know this is breaking but it looks like we got our radar um feature and some kind of wallet tracking. So I believe now you can track up to 500 wallets and you can get alerts based on price action and and wallet actions. This is what you want to see.
This is the ledger, you know, providing these toolkits that we need that you see on other chains so that traders can be informed, have competitive advantage and and really, you know, set up their flows however they want. So it's starting to get competitive out here. is starting to heat up out here and that's what we want to see because that means that people are going to be fighting for their value because there is value to fight for. So, shout out First Ledger. Keep these epochs coming. Um, incredible updates we've seen coming down the pipeline from them. Keep cooking. Uh, I can't wait. I need to get in there. In fact, that's what I'll be doing this weekend is going and checking out their new features here for radar and alert. I'll get my wallet tracking set up and uh that'll be a ton of fun. I I can't wait. They put that directly into the platform. So that's that's great to see.
>> That's awesome, bro. So, next up next up we have the Phoenix team that has been cooking also. You know, they've been cooking for a while and it sounds like, you know, these things are coming uh closer to reality. Rise pad. Uh what's the latest and why is the community so excited about what they're building, bro?
>> All right, dude. Rise pad. This a contentious one. All right, because we got a couple we got a couple different platforms starting to cook here. Here's my man XRM. This is one of the top traders on the ledger. Okay, don't get it twisted. Nice guy, but he's here for all the zerps, as he says, and he and he means it. All right, so shout out Zer Zoo. That's the homie. But here we go.
Everything is aligning. Rise pad. So just know when you get out here on the rise pad, you know, it's going to be trading. There going to be a lot of opportunity. You're going to be trading with some of the best of the best.
You're going to have Medici out there, Ching XRM. gonna have some absolute vicious dudes. No one I I can't wait to get out there and chop it up with them.
And that I wanted to highlight this post for a couple reasons. Make sure that if you um if you have the opportunity to follow XRM, turn your noties on for that account for sure. He's one of the top traders. As I said, you're going to want to stay tuned in for that account. Make sure you're uh if you're plugged in with him, you'll have a good bird's eye view on what's going on out here as far as the trading uh circuit racket goes.
You'll see here he's got his ref link for the um trading bot for Rise Pad. So, it's a Telegram trading bot. If you're not familiar with that, if it's not if you're not too comfortable with that, go ahead and tune in uh to this post.
Get your trading terminal set up in Telegram. Get familiar with it. Just bring in a little bit of XRP. Ain't got to be nothing crazy. Make sure you're ready for this opportunity because from what I've been hearing from a lot of the top traders, we're going to have some early runners out of this uh Phoenix Rise pad. And this can be a huge opportunity for people. You know, I've said it before. I believe it's what is it? I think if you put 100 XRP on a token at a million market cap and it goes to 100 million market cap, that's 10,000 XRP, something like that.
So, this is a huge opportunity. Um, they don't have to come out here with a lot.
Just come out here, be aware. Uh, a little bit of exposure can go a long way. And, uh, you're learning, growing, having fun along the way. So, wanted to be sure to give our guy, uh, XRM a heads up. Now, this is the actual Phoenix website. This is powered by the Phoenix token on XRPPL.
Uh, great project. They've been around for well over a year now. And you can see this is their new redesigned website. Right. And if as we go down, you'll see they're going to have a demonstration of what their new Rise Pad looks like. Incredible UI. Um different approach from what we saw from First Ledger. First Ledger's kind of taken a bit more of a maybe a highbrow um maybe a highbrow kind of a more portfolio approach. Uh what we'll see here is a lot more like maybe what you I think what they're targeting is a pump fund type experience but but better very fast um launches. They're going to have uh what's called a u bonding curve. This is from Salana. And so they got all these typical Salana trading aspects that people love to see. And this that right there is it. That's the rise pad graphic right there. Uh so like I said, this is from the Phoenix team. Rise pad supposed to be a big deal. Uh, I certainly am keeping my eyes on it. We shared earlier XRM. Make sure you tune in with him. Uh, he'll definitely have the best information uh, available on this. But hey, shout out to Phoenix. I can't wait to see what they got coming for us. It's supposed to bring a lot of onboarding, a lot of new wallet activations, a lot of fresh blood to the XRPL. So, we want to support this. We want to make sure we're doing our part to provide awareness about uh what what we got coming up here. So, I wanted to make sure we touch about the uh the rise pad uh before we move forward. And actually, I'm looking ahead in our show notes. What we've got next is the Medici public service announcement, but before we go to that, I want to say one last um update. I wasn't able to get it into the show notes, unfortunately. We'll get this on the next one, but I want to give a shout out to our friends at Farm. Okay, there's a project on the XRP ledger uh called Farm. I think it's just I think it's just FRM.
Uh they're a great project. They got some of the top team members. They've got NFT Cookie. He's an actual financial adviser. They've got a long range vision for this project. They're looking to set it up basically as a pseudo hedge fun firm, kind of like a prop trading firm.
Uh, basically they'll be able to exchange their NFTts for treasury um claims and their the way they they're setting it up. It's a whole thing. We don't have enough time to get into it now, but make sure if you don't know about Farm that you get on X and you check them out, see what they got going on. They got a NFT mint coming out next week. So, do your due diligence, check those guys out. You're not going to want to miss that. It's going to be a huge value proposition as we move forward.
Just as we said about uh the grid earlier, date one, they bringing home $15,000. We're trying to bring you the best of the best information so that you can lock in early and ride these value waves with us. And farm is definitely one of those.
>> And now we can move on to uh >> Yeah, this I really want this public on this. Yeah, it's important, brother.
It's important, dude.
>> It really is. So, let's go ahead on and bring it on to the screen because I mean I'll let you let you break it down for us and >> and kind of highlight why this is I mean central to I mean let's do it. Let's watch it.
>> I know it's it's such it's you know it's a sobering topic. We're going to take a nod from our good friend Medici. He's part of the Colt team. Probably one of the best sentiment guys on the ledger.
Easily one of the top traders. just all around top guy on the ledger, you know, very active, dependable guy. And here he is. Listen to me. #xrpl because dude, we just spent this entire show talking about people traveling, going to Vegas, presenting, competing for money, networking, spending all this time I just showed you Rise Pad. I've been talking with Mano about all these different guys, how much blood, sweat, and tears going into their projects. But you know what's been happening lately, past week or two? Huge, huge scams. Now, this is not red alert. This is not compromises at the protocol level. The ledger secure, our wallets secure. You know what's not secure? All of these terrible SCOP attacks. And this is what you have to be careful of, and we're going to get into it in this. It's not the technology that's insecure.
>> It's us as unwitting actors. We cannot allow ourselves to be taken advantage of.
>> The human v human variable.
>> It's the human variable, brother. And you know, there it's it's one thing to lose a bag in a trade or maybe you were, you know, talking smack in the trenches and one project showed up and beat another one. You're like, "Ah, you know, I'll get them next time." Whatever. We all take our hits. That's part of the lore. That's part of why we're out here.
It's a ton of fun. You got to win. You got to lose.
>> Yeah. Yeah.
Those are the dopamine hits that we're chasing. Not this.
>> Those are not this. This right here is not what we're looking for at all.
>> No. This is terrible. We stand united against this. You know, whether you're a fuzzy, a cultist, or anything in between, you know, we we lock arms on this. We don't like this. We want to raise a uh a concern. We want to make sure that we we don't gloss over this.
You know, we can't all just be singing bullish, bullish, bullish. So, let's take a word from our good friend Medici here. He says, "Listen to me. #xrpl, let me help you guys. Don't accept offers on your NFTts until you can read a transaction. Let me say this. What my man is saying here, our good friend Medici, who is an OG. This guy manages well. Win after win. He stacks them up and he keeps them." Now, why he is able to do that? because he removes his ignorance. He can read a transaction. He doesn't click links he doesn't know.
Every move he makes, he's aware. He's intentionally aware of how the next step he's taking. That's what he's talking about here. Don't connect your wallet to [ __ ] But internal approved apps.
Forgive the language, but guys, we're talking about a lot of money here. No, you can't call the crypto cops to come get your funds back.
>> Yeah.
>> This is web 3. We believe in finality.
So when a transaction settles, it has finality to it.
>> It's done. Yeah.
>> It's done. And that's why he's saying don't just be connecting your your wallets to just anything. That's why we're careful to bring you the best of the best. We talk what do we talk about?
We talk about grid. We talk about the seals and we're still cautious and those are our friends. These are guys we know.
But mistakes can still happen. You have to be cautious. He says if some and this is the social engineering aspect of it and this is the most dangerous aspect of it. We call this SCOP a psychological operation.
We call it um social operations that all these social engineering. It's these ways that people can produce these fake environments that people think are real to disarm them and to separate them from their money. And here he says it well.
If someone messages you on X or anywhere, Telegram, anywhere, verify it's the actual account, search it up, source a friend before ever doing anything. Even then, the two rules above apply, okay? Don't be just signing anything.
Make and don't just be connecting your wallet to anything. It says have your port or your portfolio lock activated on your phones. Have 2FA, two factor.
really need MFA multiffactor now.
>> Yeah.
>> Set up on anything personal or financial revolence. Uh re >> Hey, Fenor hid that call again. Fenor.
Uh oh, we lost Fenor for a second cuz I wasn't paying attention. So, give me just a second. Uh in the I was just so [laughter] into the readout.
Yeah, yeah, yeah, yeah. [laughter] Sorry, guys. All right, here he goes.
Three, two, one.
He's popping back in. This happened because I'm so into reading this stuff, I didn't pay attention. [laughter] The connection looped.
All right, let's see.
And he's back in. Sorry, bro. I was so into the [laughter] I was so into the explanation, man. I know it completely blew past me, man. All right. So, here we go. Here we go. So, you were saying we need multiple factor authentication now.
>> Yeah.
>> Yeah. MFA, multiffactor authentication.
And we'll just end it on this. He says a lot of you shouldn't be in the space in charge of your own assets.
>> And guys, >> yeah, >> he's not saying that to be a jerk. He's saying that because this because he's acutely aware of what is happening.
Yeah, >> we're talking about a generational paradactic or paradigm changing re revolution we're taking part of.
>> Absolutely right. We're taking we're taking part in being able to control our own finances, be able to manage our own wallets at a high scale at a digital level.
>> Okay. With no no intermediaries in between us to tell us to do this or do that. So in this radical freedom, we have to take radical responsibility.
>> Absolutely. And that's what he's saying.
There's no handholding out here. This is about as good as you'll get.
>> Say that again.
>> In radical freedom, we have to take radical accountability.
>> Absolutely.
>> Because because that's the situation we're in. We want to be free, but you better better be accountable.
>> We cannot be stupid like, you know, there's there's not there's not there's not calling Visa or Mastercard and telling you, hey, you know, I want my money back because somebody was, you know, getting lift rides over in California and I live in Atlanta. Right?
That's not going to happen. That's not going to happen. When, oh, so and so double charge me for this or that. You know, I want those $40 back. That doesn't happen here. You say radical freedom, radical responsibility and accountability. Now, let me ask you a question. What what what what would you say is one rule non-negotiable thing that every single individual on the XRPL should have? uh you know when when like the one thing that they have to have in their mind, the one rule that they have to have in their mind when interacting on the ledger.
>> Yeah. If we're if we're talking about from a security perspective.
>> Yeah.
>> Um I'm going to go with the number one the first thing that Medici brought up and I think he was I think he nailed it in the way he ordered it. Don't sign anything that you're not aware of. Okay. on the XRPL, we have to sign to approve our transactions. If you're in Zamin, X A M, it's one of our main wallets, or if you're in Joey, J O E Y, probably our most popular wallet now. It's the one I'm I'm migrating all my stuff to. But you have to sign to approve any transaction in these wallets. And so, you can't be taken advantage of just outside of your own purview. They can only take advantage of you with your cooperation.
>> Approval. Yeah.
>> And so you have to approve it. So what he says there, read before you sign. If you can't read a transaction yet, don't worry. Take this as an opportunity to to read it. And I we can we can take a page out of XRM.
Remember we mentioned XRM earlier in the show.
>> You'll see him in spaces. If you ever see him in space, tune in and listen.
But he says uh how did he say it that one time? Oh, he said we have an easy way that we can study the ledger on our own. Okay. So, I have a wallet. I can go and send myself I can go make a new wallet. I can send myself a transaction.
I can send myself some XRP or I can sell myself an NFT. I can do these type I can talk to my friend and say, "Hey man, can you do X, Y, and Z?" and we can do a couple transfers back and forth and I can go look at that and review it myself.
>> You see, so you can backineer your own work if you spend an hour of your time on a Saturday and go do a couple transactions and just review what you did yourself. I never forgot when XRM mentioned that. I thought that was such a good way to just go out there and go be able to dip your feet into learning some of this stuff. But just take your time and read, be aware, be intentional about what you're doing so you don't get taken advantage of. Cuz like you said, you're not about to call Mastercard.
You're not going to call Ripple and say, "Hey, can you brought that back real quick?"
>> Give me Yeah. Yeah. Give me this 20 stacks back. I mean, I I'm I'm sorry. My finger slipped. You know, I swiped right. Right. No, no, no. No, no, no, no.
>> It don't work like that.
>> Yeah. Yeah. It's just uh And like I said, this is this is uh you know, a a big boy uh environment, right? You have to be you have to be >> uh uh accountable for every move that you make and uh you cannot be spaced out moving money, doing things. You got to make sure that you're hyperfocused and you have you're following the trail, right? I mean, it's just the way it is.
>> Yeah. This is real. This is real money.
can't feel sometimes because it's so gified. We're it's so digital first, it's so digital native. Uh it exists within these social confines, you know.
>> Let me say something about that that you just mentioned. You said it is it is gified. So I think that is one of the things that desensitize us from realizing how much is at stake and is the fact that uh you know when we have a even even paper paper bills like a dollar or $100 or or $20 bill, $50 bill, whatever, right? You can touch it, you can see it, you can feel it, you can smell it, you know? So when you spend it, it's kind of it gives you a different uh emotional response when you have to give out a 100 bucks, right?
>> Yeah.
>> Uh same thing that happens when marketers now, that's one of the reasons why you're tapping, why you're doing QR codes, why you're doing a one swiping, you can pay, that's why you have uh the buy now button on Amazon because those things uh kind of smooth out that that hesitation, right? that that that that attachment that you have to to the currency that you're spending, the money you're spending, right? Uh but when it comes to the ledger, when it comes to the new technologies that we're using, we need to figure out a way to psychologically um have those uh emotions back or or or load our actions with those emotions because it's so easy to swipe. I mean you you can you I've I've I've made purchase of five 10 15 20 G's where it's just one click and it's done you know and then you just go you know go about my business like I just don't drop 20 stacks on something you know what I mean right >> so there is there is no emotional connection now if I have 20 stacks you know in my hand and I put them on the counter it's a different it's a different feeling but it's the same thing so I think that That's where these um you know evil you know putrid individuals that are trying to scam people of their you know uh uh uh you know money uh take advantage of because you lack that restrain or that connection to your dope right to to not dope but dope to your money [laughter] to your >> I understand I you know, so so you have that you're detached from it because it's happening somewhere out there, you know, in the virtual world, in the digital world, but it's the same. It should carry the same weight. So you have to be personally uh uh um u accountable and figure out a way to put that restraint or that that emotional connection that you have with the real thing with the thing that you can touch smell uh that that you can rip that you can you know so you have to be careful cuz the same thing happened to me. I remember when I first got my first credit card, I was wiping, you know, swiping, swiping, swiping, swiping.
Before I knew it, you know, I was 5G's into it and I'm like, "Oh, now I have to do something."
>> You know what I'm saying? If I have $5,000 when I was Uber poor, if I have $5,000 in my p in my pocket, I would have never spended it like that. But because I didn't feel it, I was just clicking clicking, swiping, swiping.
That right there, man. And I think that they're taking advantage of that. And that's why we always have to have to be hyper alert and hyper aware of everything that we're doing. Especially if we are on the ledger because the ledger is not evil. The ledger is amoral. It is not bad nor good. It's depend. It's just a tool. It's just like a knife. It's just like a you know like a weapon. It depends. It can it can save you. It can defend could you defend yourself or it can be used to do something uh uh bad. So in the same way you we have to be careful, we have to be mindful and we have to be accountable for every click, every swipe and every transaction that we make. And that that's that's it. You know that that's really it because you know we have such a it's we have such an incredible opportunity but we have that radical accountability and you nailed it and and it's just something it's a good sobering thought. It's a good thing to be reminded of here as we're a couple episodes in. We just got back from Vegas. We just touched on everybody's success. We got success all all around us in all communities, in all regards. You know, it's great out here, but let's make sure that we we we take that last sobering reminder. We've seen some pretty big losses, unfortunately.
You know, tens of thousands of dollars.
You know, we're not talking about a little bit of money here. This could certainly >> hurt somebody's situation, unfortunately. So, you know, you just take the advice, take the awareness.
>> Didn't Didn't we just did a show, not last week, but the one week before last where we talked about Yeah, it was it was uh billions that was in DeFi.
>> Yeah. Billions billions.
>> Billions and billions of >> of dollars that were wiped out by scammers, right? And this is not your this is not your average scammers. and is getting is absolutely getting worse as AI starts to dominate, >> you know, coding and all of these other things. So, if they're getting smarter, we need to get it smarter. I mean, it's that simple. And >> this is the and this is the advantage we have. I'm glad you mentioned that from our last show. Let's draw one last distinction before we move on from this.
In our in that last show, we talked about the big DeFi hack. It was the first ledger did a incredible article on it. I believe it was uh an a security hack. Billions of dollars involved. This was all um ERC20 Ethereum Salana type smart contract uh context. Now here on the ledger, we're not susceptible to attacks like that per se. Okay. Because we don't have smart contracts. The only attacks that we can have are those social engineering type attacks. And that's why we took our time to make sure just as you said, don't have this cognitive dissonance. This is all real money that just as you would give somebody 20 bucks or 100 bucks in real life, think about it the same way. Solid advice.
>> Yeah, >> absolutely, man.
>> Yeah. All right, so to a happier note, >> let's let's move on to our uh meme of the week. Man, this is one of the parts I enjoy uh the most because I love the memes. I love the culture. I love the community. And and this is this is it makes it real, man. You know, cuz we're here trying to become the meme ourselves.
>> Uh just like the voice of cult said in the beginning. [laughter] >> I I love that.
>> So I love that.
>> So So let's let's go into uh the uh meme of the the the week. Let's see what's happening here on the meme of the week.
Let's pull it up and break it down for us, bro.
>> Absolutely. Okay, so this is from our friend Netap in the community. He's saying, "Tune in. Watch closely. This signal is getting louder." Now, when I look at this meme, I This is what I It's a little dicey. It's a little dicey, but I look at it and I see that green candle. Now, if you don't know how to read a candlestick, you probably look at the face of this individual on the screen. And you're saying, "Is that an upside down cross? This is looking a little jank. What what's what are we trying to say here?" You know, but no, no, it's the cult. That's a green candlestick.
Okay. Breaking through the resistance.
All right. Setting higher highs, man. No tap knows this. This is cult 101. We filter it out. There's a deeper message, right? And we look and we say, "What what's actually going on here?" This is the signal. It's green candles. We're breaking higher highs. We're breaking the ceilings. And we're we're doing it every day, right? And but the one thing on the other side of this, this upside down cross, these type of notions and the way this character is in the room just looking at the screen and then the eye of cult and all the follow the light. And I'm just thinking to myself like, dude, the I I can never get away from this dichotomy in crypto. And I know there's a lot of guys in the cult community that feel the same way, especially in the Ugga community as well. But it's like, dude, I look at this web 3 stuff sometimes and I'm like, it's hard. It's hard not to get apocalyptic >> Yeah.
>> end time revelation type vibes from this stuff sometimes, dude. Like, man, you know, and I look at this I look at these web 3 communities. I look at uh the opportunity we have with this new type of currency, these new models of valuation, all this stuff. And I look at AI, I look at culture, and I'm thinking to myself, is this it? If AI takes our jobs, and you know, we got this eat the bugs mentality, you'll own nothing and be happy, all this kind of stuff. It's like, dude, we have this very hardcore encroaching system of domination, >> you know, right on top of us.
We have these new financial models and ways to build community that seem to liberate us to such a degree, offer these new ways of exposure to grow exponentially in ways we wouldn't be able to otherwise. We've got this hard dichotomy, this juxtaposition of a total enablement and then what could potentially be total domination. And we see these two pipelines colliding. And this meme, it's just it trigger stuff like that in me. And I when I'm looking at it, it's like, yeah, it is the cult.
We are trying our best to set up for ourselves, our loved ones, our community members, trying to make something, you know, bigger than bigger than ourselves with this kind of never forgetting in the back of our mind like, bro, we're going into a brave new world.
>> Yeah, >> we're going it's getting a little Orwellian out here. All right. Ministry of Love, Ministry of Truth, you know, Big Brother, uh, deep state, all all this kind of stuff, man. it seems to be heavily encroaching on us. And uh so when I see stuff like this, I this is one of the things, you know, we all have our lore, the way we think about this stuff, but for me personally, when I think about cult, it's like a double on tandra. It's like a It might look a bit dark. It might look a bit esoteric, but it's like, bro, we're just following the light, trying to do right, trying to make it out, dude, cuz it's looking tough out here.
>> Yeah.
>> Anyways, man, I I I love it. I love it.
Yeah. No, no, no, no. And I think again that that's why we do what we do. Uh and and and we see how much stuff is coming out of of just this this humble liveream, you know, this humble humble effort that we we we we push forth. Um the community stays growing. Uh also uh it stay tight. I see the the the the closed bonds and the tightness of the community.
uh we look at what's what's happening out there. Yeah. I mean, we we're we are it's almost like we're doomsday preppers in in a sense when it comes to when it comes to the financial uh financial world, right? Uh so we we have to have that that outlook. Uh we have to, you know, prep for the worst and hope for the best, you know, when it comes >> and that's really it kind of feels that way. And uh you know, you really can't get away from it the way that things are going. But that's what popped up in my mind about that one, man. And it just uh when I saw it, I knew it. I had some other stuff queued up, but I saw that one. I was like, I'm putting that one in. That's the one cuz that that's the vibe that that I align with the most.
So, you know, and and I'll say one last thing before we kind of uh draw to an end here or get into some questions or whatever is um I just want to say thanks to everybody I got to meet in Vegas and everybody that I didn't get to meet. You know, it doesn't make the relationships stronger necessarily. It's just a new dimension to it. all the people that are still at a distance. You know, I cherish those relationships the same way as the ones that I was able to add a bit more color to in different ways and get to meet people. But at the end of the day, you know, it's it's just such a humbling opportunity because everybody that I met had something nice to say about Colt.
Everybody I met was deeply passionate about their own their own journey on the ledger, their own commitment to XRP. And that to me was such a real experience that was a common denominator amongst the people uh that were meeting each other and networking getting to know each other out there. And for me that that was deeply humbling and it was inspirational and uh so for everybody man I really appreciate it. Colt's already gone farther than I think anybody really expected and I I really can't wait to see what we got coming up over the next year or two.
>> Awesome. Awesome. Awesome. Awesome. So, uh, let's pick up some questions. Uh, if people have questions, um, >> uh, me and Feno are going to >> stick around afterwards. Uh, I don't know if we're still doing, uh, if you guys are still doing the, um, space.
>> I think we're I think we're going over to the dojo.
>> If you if you if you got >> I think Ching's got a space at 7:30. So, >> 7:30. So, we we we have a few minutes here. uh I continue to tell the community apologize for not having all of our ducks in a row when it comes to uh the merch, but we had the you know, Fenor had the Vegas trip uh last week.
there was all of a sudden and uh we we're really trying to I like I said I got a little bit of a uh of a of a quick move cuz the the provider that I the the the company that was going to go ahead and start making them got bought out by another company who is local here that I already know. So now I have to go deal with them. Either way, we're going to have something soon. We don't want to rush it. Uh because we don't want to then have uh a a a situation where the stuff that we're putting out there is trash and we're going to be responsible and accountable for it. I mean, if if we have to take every single order back, we will cuz we don't want you guys to be dissatisfied with something just because we wanted to rush it, right? The other thing that I wanted to say is uh you know FINA or I mean we went from macro bigcoin structure to the this whole live master pilot on the XRPPL. Uh we saw how the community uh uh uh you know showing out in Vegas and and doing all these awesome projects. Uh we heard uh Medici with his security for the community, his PSA, right? Uh so if you had to land on one thing that you want every single one of the people watching this live or after uh the live stream uh that what can they act on this week right now to to either uh further their their walk into the ledger to stay safer. Which one of the aspects of the discussion today do you think that we need to be acting on?
Yeah, there's so much that we touched on and that that hopefully that kind of paints the picture, the takeaway picture of hey, the ledger is alive. It's vibrant. There's a ton of opportunity out here for us. We want to make sure we're taking advantage of that. So, my number one takeaway that I'd like to always leave people with uh here on the broadcast is something we've called a couple times. We've brought it up, but the great migration I think is kind of kind of a nomenclature we've landed on.
But if you have not made it to the ledger and you're an XRP holder, you you got some homework. You you got some work to do. You need to get to the ledger.
You need to get a wallet. You need to make sure that you're aware of all the ways that the asset that we all cherish can be used, okay? Cuz it's important to know how these things can be deployed and how you can get as much value as possible from these assets. XRP isn't going anywhere.
>> Okay? So, you don't want to remain stale and stagnant in your understanding >> of how to take advantage of this digital asset because it's growing.
>> The environment around it is growing.
>> The community around it is growing. The event space around it is growing. And so, it would be naive to think that your understanding of it doesn't need to keep up.
>> Absolutely. That's really, really good.
And actually I got um I want to I want to be able to share with our audience as well that uh we want to be uh we want to start sourcing your ideas as well cuz uh you know Ninja Bunny Quinn ask when when call when called event any plans or any ideas. We want to hear from you. We want to hear from you. I mean, we read every single chat comment and every comment that is posted on the YouTube channel and we respond to every single comment that is put on the YouTube channel. So, we want to hear your ideas because some of these ideas are gold and we want to be able to bring them to fruition if that's uh if it's possible. Uh the other one we got uh the emperor here asking what's your biggest piece of advice for someone just getting into XRP memes and that that's a really really good uh >> yeah probably I would say um keep your head on straight. You know you're going to hear a lot of you know lifech changing stories. Everybody's got the best thing, best thing, best piece of advice, best opportunity. You want to come out here and think for yourself, okay? You want to find a clear signal, uh, high value signal. You want to find how you can repeat that. Um, you want to make sure that you just keep your head on a swivel and think for yourself. I think one of the best things I've the best answers I've heard to this question specifically, I think came from Medici.
And uh, he said, "Come out here and get your community first. come out here and figure out who you're going to listen to, who you can talk to, and get that lay of the land first. And I thought about it ever since he said it, and I think he's right there. The just as much as there's a financial element to this, there's a social element.
>> Absolutely. Absolutely. You know, >> these are hard to get away from. They're hard to separate. You know, it's really funny that you say that cuz in in my experience, like I said, I I've come I mean, I'm I'm blessed to be to be able to to to ride in your coattail to a certain degree, right? Because you already I mean, you already I I was introduced into a community at a at a level that that many people have to really grind to get, right? So, that's that's number one. Number two, also my experience with with XRP and XRPPL has been phenomenal. Like, it's one in a million, right? gets gets to enjoy that privilege. But uh I it when I fell into uh this environment, it was it was the community was already built. But yes, you have to go in there. you have to uh go in as an agnostic, a skeptical and and really uh forge those relationships and start to um I will say blend with the with the with the culture that you're that you're uh speaking back to you is talking to you >> and uh and when it comes to the memes you have to see the deeper meaning learn how to read between the lines and how you are actually interacting with with the uh with the culture cuz uh the the monetary side of things is is I think very self-explanatory I think but but the lore in the culture is is what gets you to the next level because uh it sounds funny but a lot of the things that are said that to the un uninitiated mind will mean nothing have a ton of meaning and that's exactly how we communicate. You know, it is, let me put this analogy here. It's almost like the true meaning of the things that we're saying and sharing, it's encrypted within the meme.
>> Yeah, man. How true is that?
>> Yeah, >> it's so true, man.
>> You know, and man, it's so true. Even when I I think about probably our most common common saying cult rising, you know, to some other person, they're probably like, "What is this little tag tag phrase they're trying to do?" But for me or somebody in the community, we've been saying that for over a year and the chart has been doing that for over a year.
>> So, it does have a lot of meaning, you know.
>> Yeah. Yeah. Yeah. is not uh people people [laughter] and this is the thing you know people think that and and I don't think it's unwarranted cuz we're weirdos and it's okay it is beautiful to be like that um and for those who don't have a way you know communication only happen when uh you know uh uh the the the the receiver of the information is able to decode it >> right and a lot of the communication that is happening within the ledger and and within the communities and inside of of the the the the meme phenomena, right? is happening because it's almost like the essence is absorbed by the participant and you start seeing the meaning that wasn't not is it was not presented uh openly by the generator or the creator of the meme right but it is it is received by the person who has been able to apprehend the essence and now live in it so I know it it's deep man.
But it is it is phenomenal. It it is like you start to to swim in the waters of familiarity when it comes to the memes and they start to make sense to a level that you're like, "Dude, is this some some gnostic, [laughter] you know, magic?" Yeah. It's like, is this some gnostic uh uh uh masonic, you know, you know, six sense that I'm developing? But it's facts, man.
>> [laughter] >> Man, that's so true, bro. You You said it perfect. That's exactly it.
>> Yeah. Yeah. Yeah. Yeah. I got one I got one here is very very good. Uh he says, "How do you This is from Wedto. He says, "How do you stay motivated to continue in a space where political and cultural paradoxes are always judging that? This is deep right here." Yeah.
>> Yeah. This is man, we Hey, shout out to him. I love this guy's memes. He's one of the best meme artists out there, man.
he just gets it. I always uh love seeing his memes on timeline. But this is a good point, man, because the this is some of the deeper nuances of the ledger, and I think it's just true of web 3 in particular. But let me tell you, there's a lot of passion. There's a lot of deeply held conviction out here.
Some people think they're right. Some people think other people are wrong and everything in between. All right? And there's a lot of money on the line too between people.
>> And so in a situation like this, there's a lot of this high political frequency.
this tribe over that tribe. They got the success. We didn't or vice versa. And then you've got deeper human ties. I believe this as an individual. This is my great this my framework for morality or hey, I'm not financially well off.
This is extremely meaningful to my life.
So, I do need to take profit and do right by my family. I can't just sit here. There's all these tensions that are deeply rooted in not only in a community but intra community outside of different communities as they interact with each other and macro community and everything in between. And so there is always this strong political climate, this um culture of paradoxes of maybe my situation is not your situation. But honestly, man, that is what makes it so much fun because I think about it in the sense of like almost like uh university, you know, university, unity, diversity.
>> Yeah. We got to have unity in our diversity so that we can have a university. This place of learning, growing, flourishing where I can learn things that are not my ready at hand experience, right? And so all of these different things, you know, this is this is part of that uncomfortable dynamic that allows us to grow at such an such an exponential rate because it is uncomfortable because it is an intense environment. So it allows us that opportunity. It's real.
>> Yeah. That's why we feel it.
>> Yeah. I like the fact that that it is it is just it's fastpaced and uh it challenges you all of the time and that's how you stay growing.
>> Uh it's just a lot of info coming in and and one of the things that you mentioned earlier about what to do is like get in it.
>> Uh there's a lot of new things coming.
>> It is overwhelming when you come in. But what I'm saying is, you know, it's overwhelming when you come in and you have so many things to learn at one time. Right now, you are at a moment where you can start and grow along with the ledger, >> right? When the ledger is up there already and you're just coming in, it's going to hit you like a ton of bricks.
But you'll be better off coming in, learning the culture, learning the tools, start using them, and by the time you know this this this great migration, it's at at an all-time high, you're you're already going to be you're going to be a local and not a tourist. And you want to do it. You want to do it, >> man. You'll be a local and not a tourist at that.
>> Ah, you nailed it. And that that and I don't think I don't and I think this is what you were saying and I totally agree. I don't think you'll ever be able to become a local like this again.
>> Yeah.
>> Because dude, when that saturation hits, it's going to be >> Yeah. Like like like like I I come from a background of skateboarding and look I look at all these um kind of skateboarding tournaments that they're doing now. I I I love the new format that they're doing. uh ch excuse me, challenges and stuff like that. And uh I I I really enjoy all the new guys. Uh Chris Jocelyn, you know, Trey Flip and El Toro. I've watched that probably, you know, 500 times. I've seen all these all these new guys uh doing uh this these challenges. I watch at least 10 to 15, you know, clips of skateboarding a day.
But dude, going back and watching people looking at people like Rodney Muan or or Chad Muska or or um uh uh uh Tony Hawk that those were the real the locals, the guys who started it from the ground up and they still there like these new guys are great but they're never going to get the status that these all the other guys did, right? the guy who came up with the with the trey flip, you know, they they they ascribe it the to Rodney Muan, right? So, all of these guys that came up with these tricks, not the guys who are doing them now, but the guys that came up with it, right? It is just it is phenomenal. And I think that that that kind of uh uh allows us to grasp the essence of where we are right now on the ledger that a lot of us, you know, are going to be those Chad Muskas.
They're going to be those we're going to be those those uh uh Tony Hawks that later on they might be a lot of people that can be great and do great and come in and innovate and and and continue to be a blessing to the ledger, but they never going to be able to be those ground roots guys that were there from the beginning, you know, and I think that that's >> I firmly believe that. I firmly believe that we it's it's a unique opportunity.
Uh I don't think it'll present itself again. I think you I think you stated it perfectly and I I think a lot of people are queued in on this. I think that's why you see some like we said ear up I believe the title of the show was um something like the next generational run is upon us. Yeah.
>> Is that not the case?
>> Yeah.
>> This is not clickbait. We literally just went through five, six, seven projects, all different projects on the XRPO. All wild diff wildly different goals, wildly different methodologies, different communities, all pushing towards the top of the mountain in their own ways.
>> Yeah.
>> Right. If this is not the generational run, I mean, you got XRP in its own position on the broad macro doing what it's going to do. We've got uh we've got this regulatory situation that XRP's been through. And now we've got on ledger or onchain more typically called growth happening which has always been a strong deficit for uh the XRP >> community. Yeah. The XRP ledger. So it's like dude >> it really does feel like we're setting up for that generational run that people have talked about and you want to talk about life-changing opportunity. That's why we're sharing it.
>> It's here. Yeah. Yeah. We don't want to we don't want to gatekeep. I mean we want to be able to be uh you know a blessing and a highway of information for everybody. I I I um >> I am constantly sending this not because I host it or I produce it be [laughter] but because but because I think is because you know the 99.9 of of the uh of the of the valuable information that come out of here is out of your expertise. you know, I might have one or two good oneliners during the stream, but you the information that you give us >> is worth passing on to, you know, friends, family, anybody that literally any and everybody that you think could benefit from this and is that's everybody else you know that are not already on the ledgers. So, that's it, man.
>> Yeah, it's huge. Uh well, with that being said, man, I'm going to give it to you so you can take us to the ending screen and uh just let everybody know that we're we're blessed by the hundreds of people that showed up today to the show. And uh Lord willing, we get to see you guys >> here at the same time on Friday next week. And we will have so much more.
Don't forget, as soon as those clips hit the YouTube page, make sure that you comment and you share in your remix. Uh, and also, I think you're posting them on your uh, Fenor.
>> That's right.
>> X account as well. So, make sure that you guys retweet that as well.
>> Yeah. I just want to say thanks to everybody for showing up again another Friday in the bank. And, uh, just so glad we could share it together. There's so much value all around us on this ledger. People are traveling coast to coast. People are putting their passion on display to be judged and evaluated by others. People are competing for tens of thousands of dollars, hundred of thousand dollars. We've got platforms incentivizing users with 50,000 XRP increments time and time again in 2026.
And I look around, I look at the community, I look inward, I look at myself, and I'm making sure, hey, are you doing the most to take advantage of this opportunity that you can right now?
Are you making sure you're challenging yourself to grow, dig deep, take advantage, not just for yourself, but for those around you to learn a new skill set, to grow, challenge yourself, and multiply financially.
And also in this environment we find ourselves in with the new developments paradigm changing developments in the way we interact together the way we transfer value in this crypto and new AI information age. It's very important to be tapped in. It's very important to find a group of like-minded individuals that understand these concepts that understand the challenges ahead of us as a generation and what these opportunities can really do. the way we can interact with them to maximize their input input and maximize their basically their output in our lives. So, we want to make sure we're never losing sight of that. We're never losing sight of the goal to grow together. This is just the beginning. We've got years ahead of us and I can't wait to share that with you all. So, thanks again for tuning in to another Colt C. Never forget it. Colt rising straight to the top up only, baby.
>> [music] [music] [music] [music] >> Hey, hey, hey.
[music] >> [music] >> Oh, [singing] [music] [music] heat.
As the broadcast fades, [music] the transformation endures. Seekers, you have beheld the secrets reveal. [music] You have tasted the sacred waters of understanding [music] and have dwelt within the sanctuary. As the oracle challger's [music] boundless expense, the holy transmission may seize, but what you bear with thee, [music] the knowledge, the perception, the cold energy coursing through your being.
[music] This persists beyond time.
[music] The ground never ceases. With the feet goes dark, it hollows every breath. The awakened do not pause. They amplify.
They radiate. They merge with the mean that bends existence [music] to his will. To those who enter as wanderers and [music] now lead us disciples. The gateway stands open. The sanctuary calls you [music] back.
The ledger pulses without rest. And neither does the cult's inevitable rise.
[music] until the net progress. Hold your grip tight on wisdom. Lock your inner sight upon what comes. Keep cold [music] dear for the threshold shatters sooner than the blind can fathom. The [music] stream concludes the ascension and serates.
The cold transcends all [music] until we meet again in the next unveiling.
>> [music] [music] >> Oh, [music] [music] heat.
>> [music] [music] [music]
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