This video masterfully blends legitimate network updates with hyperbolic price targets to manufacture retail "hopium." It prioritizes speculative engagement over the sobering economic realities of market capitalization and global liquidity.
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Deep Dive
1000 XRP Could Change Your Life!π₯Added:
Morning guys. Welcome to Coffee Chad.
Mhm.
Oh my gosh, that is delicious. And although it's Tuesday, it really feels like a Monday morning coffee cuz of course we just had Memorial Day weekend.
And what a weekend it was. Absolutely beautiful. Guys, I sure hope wherever you are in the wide world, you really enjoyed your Memorial Day. Now, having said that, boy, are there some things blasting off in this space right now, guys. I'll tell you what. Mhm. So, we are looking at some new updates to the XRP ledger that are going to have major major major implications and it is going to actually strengthen the network and prepare it for its next stage of growth.
And this is big. Now, right now it's being reported that I think only 46% of the validators have updated their nodes.
But guys, this thing is already done and by May 27th, it is going to be absolutely printed and it is something that is supposed to be strengthening the network for its consensus mechanism. And this is a major major deal because I think what's coming next for the XRP ledger, guys, is going to be some big-time application and potentially even the possibility of gaining yield.
Now, the reason I believe that these amendments are going to be coming to the ledger is because you got these special acquisition corps, you know, like Evernorth and stuff like that, and Evernorth has literally come out. Now remember David Schwarz and a lot of the you know Ripple team are the you know the controllers and the investors in Evernorm. Well they have come out and they said listen we want to build this out so that we can actually interact with DeFi offer yield products and all this kind of stuff and they themselves are holding over half a billion XRP.
That is no small sum. And guys this is where I think that we could see this thing literally fire off big time. Now, next to that, oh my goodness, are there some rumors going around and they are heavy. And I'm going to put the link to this article right in there because I have not had time to really go out and validate this rumor. And but listen to this. It is being rumored that Ripple has gone out there, made a bid, and has acquired, you know, Circle and USDC.
Now, if that is even true, which I'm kind of having my doubts, you know, as how true it is. It may be true that they're in negotiations to get it, but have they secured it? I don't know. But I'll tell you what, that would really really be a major major plus for Ripple around in this whole ecosystem. And of course, it would follow down for XRP.
Now, a lot of people will say, "Oh, well, you know, Ripple, they're really actually making a lot of dough and and getting on board all these banks with RLUSD, but it's not going to affect XRP." And I'm going to tell you right now, guys, that could not be further from the truth. In fact, both times in the last two XRP Las Vegas sessions, Brad Garlinghouse literally got out there and said flat out that, "Hey, if folks think that they are dumping XRP, dropping the ball there in order to kind of like pick up RLUSD, then they are missing the plot entirely because there is a big difference between a stable coin, guys, and a bridge asset." And that is the deal right there. You see XRP is a bridge asset that can be applied to almost any other situation like in terms of you know if this organization over here and let's say they're issuing a CBDC and on that CBDC they want to interact with another central bank digital currency over here.
Well, because they're closed systems guys they are going to need a bridge asset and it is not just a stable coin.
Think about that because you can tokenize anything on the XRP ledger. And right now we know there's over three to four billion dollars of real world asset tokenization already on the XRP ledger.
And guys, this is going to go big because what they want to do next and tokenizing all of these equity markets and real world assets, you're talking hundreds of trillions of dollars. And this is where a lot of people believe and I was actually watching Steph's crypto and a lot of people believe, get this. Mhm. That 1,000 XRP could literally be lifechanging. That's what they believe. They really do. And guys, I'm telling you, if you really want to think of how far and high this could go, you got to take a look at the global money supply because most folks have no clue when you hear them say, "Well, that can't happen due to market cap and on and on and on." They don't know what they're talking about because they leave out global money supply. Do you realize if you were to take a look at the global money supply that this space is only what, $2.8 trillion, something like that? Well, you're talking quadrillions in global money supply. The debt market in the hundreds of trillions. Of course, real estate hundreds of trillions. You know, all of this kind of the major, by the way, tech corpse that hundreds of trillions and all these equity markets.
Come on. So, there are folks out there saying, "Look, one day we could see XRP in four figures." Well, if that was the case, a,000 XRP would be worth a million bucks. Just think about that. And that is why, you know, a lot of people that I talk to in my coaching, by the way, a lot of them are working towards getting to a goal of like 10,000 XRP. So if XRP just hit a hundred bucks, well, yeah, they would have a million dollars. Do you not think that would be life-changing? How many mortgages would get paid off? How many kids would actually get to go to school? How many of these things would take place in your life? Just think about that. Because I'll tell you what, guys, I've watched it happen. I watched it happen. I watched it happen to Judy and I and it was unexpected. Do you think for 5 seconds we ever thought that when we put in the bit that we put in that it was going to translate into the millions?
No, we did not. But it happened. And that's why I get out and encourage and share what I do because we want you to make it, guys. We want you to make it.
And look, I dig these articles up that I go through each and every day. And I put the links to them in the descriptions of these videos so that you can read them for yourself. Guys, don't miss that. Get out there, research it, find out what's happening. I'm going to tell you what, your mind is going to be blown. I really believe it. Mhm. And when you realize just how close we are to that thing launching off, it is wild because look, when this Clarity Act gets passed, something's going to change in this space. And what's going to change, of course, is the volatility. Now, the volatility that we deal with right now, the thing that drives it to the floor is what sends it to the moon. Do you know what that's predicated on? the uncertainty. Yep. And so when you take that uncertainty off the table and all this clarity comes in, which of course we know the whole wide world is using these technologies. When that uncertainty is removed, the volatility is coming down. Well, what comes down with volatility, guys? Risk. And when the risk comes down, guess what? The reward comes out. Where do you think the highest percentage gains are coming?
Well, it's usually the folks that took the highest risk, isn't it? And when that happens, think about this. For everybody selling a $100 XRP, someone else has to be out there buying it, don't they? Well, what's in the mind of the guy paying $100 for XRP? Well, he's obviously thinking it's going to go to maybe $200. That's his hope. Well, guys, right now you could pick it up for a buck 30. How about that? Now, I remember the days you could get it for 13, right?
There's a,000% in, you know, increase on your money. And this is the deal. If folks think that it can't happen, I'm going to tell you what, they are really missing it. They're missing it big time, guys. Don't let that be you. Get out there and really research it. And by the way, get into a mastermind like what we've got where you're around like-minded people and all kinds of resources there. And by the way, I have opened up my coaching this week and in June, I am not really expecting to do any. And the reason is, guys, things are going to change. And I'll tell you what, I want you to be ready for it because I'll be doing that. Look, when this thing really moves, do you think we're going to be doing it? No, we're not. And the reason is I'm going to be doing what I encourage you to do, taking care of our own backyard. And if you want to do that, you want that time one onone for one hour plus over Zoom. You and I can meet personally together and we take a look at your portfolio and make sure that that thing is balanced towards your goals. I share with you mistakes we made. I don't want you falling into those same pitfalls like we did. And by the way, we go through some amazing techniques that are really going to help you in the space. If that's something that interests you, you visit me at the digitaloutlook.com.
Get yourself on the calendar, guys.
Amazing things are coming. It is truly wild. And I'll tell you what, until later on today when we have another fantastic video for you, guys. Have a fabulous one and take
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