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$100 XRP WILL HAPPEN IT'S A CURRENCY BRIDGE! - RAL PAOUL CAN'T SAY XRP WHY? - STAY RICH MINDED!Added:
Hello everyone and welcome back to the Common Sense Crypto channel. As with you always, this is Rich doing another video today on XRP.
So I hope you're all having a wonderful day today wherever you are in this great great world. We're going to talk about XRP.
And I got to start with this from King Karan. Everyone doubts your investments until they go up. Before that, they call you delusional. Then the price moves and suddenly the same people call you a genius and ask for advice. Most people will never be successful because they refuse to do the research, build conviction, and stand on their decisions when nobody agrees with them. If you can't handle being doubted, laughed at, or misunderstood, you'll always follow the crowd instead of getting ahead of it. Average people stay average.
Rich-minded people get rich. I thought that was a great post. But most of you are already richminded. Because you got into crypto. Why did you buy crypto to begin with? because you at one point want to achieve financial freedom. You want to break free of your 9-to-five job. You want to have the time to do all the things you ever wanted to do. You know, everybody always says, "Well, this amount isn't enough XRP. This amount isn't enough XRP." Think about like this. Say XRP achieved even $1,000, right? Per XRP.
If you're holding 100, 200, 300, really doesn't matter, you are going to become a legend because 99% of the people in this world, they don't even look at crypto. They're out going on vacations.
They're living paycheck to paycheck, blowing all their money every single weekend, going out to the bar, going shopping, no investing nothing. and you're already ahead of those people.
The fact that you're here now is absolutely gamechanging.
If you still think the average crypto holder is some tech guy glued to charts all day, this study proves you wrong.
The National Cryptocurrency Association's latest report shows that narrative is outdated. Crypto holders are the everyday people, builders, families, workers, and small business owners.
Everybody that holds XRP right now, they come from all walks of life. They come from every part of the world. Most of them are workingass people that go to a nine-to-five job every single day, invest a little bit of their money week over week just waiting to get that financial freedom. and we are going to cross that finish line together. And I cannot wait until it happens. I want to break away from my day job. I have a business and I love doing security work and wiring buildings and all of that, but I don't want to do it forever. I want to get rich off of XRP so I could get rid of doing that and then do the things I want to do all day long.
Something massive is building around XRP in the broader XRP ledger ecosystem as regulatory clarity moves closer. I want you to listen to R Paul here. Take a listen.
>> Speak to the team at Coinbase. Speak to any of these people. I don't see any of these people saying it's all over.
>> They're all saying it's all coming >> because don't forget if you're at Coinbase, you know the pipelines of institutions who are going to use your rails to tokenize. M >> if you're bitwise, you know what the RAAS are thinking, the endowments are thinking, the pension plans are thinking, you know, the lead time it takes um it takes a long time, but they can see visibility of their pipeline. They know how price sensitive those people are, so they can weight the probabilities of who their customers are going to be.
>> And Coinbase can do the same.
>> We haven't had the Clarity Act yet.
>> Once that comes, it kind of is like, okay, it's now free reign.
He's right. The Clarity Act is going to open up this market. But R Paul also knows what XRP is. Why is he always shilling Bitcoin or Coinbase? It's like, are these people paying this guy to shill that nonsense? The XRP ledger is battle tested. Everyone knows it. It's built to outlast the current financial system. It doesn't have downtime and it's futurep proof. So the institutions, they're going to choose a network like that to build on. They're not just going to build on some random network that that hasn't been tested over a long period of time. I still think the XRP ledger is going to grab a very big piece of the tokenization pie as well and a lot of institutional adoption is going to happen on this network. Good morning everyone. Another day when you can buy XRP before it's designated designated as a tier one asset.
Once XRP becomes a tier one asset, I think things are going to change very quick. I don't know if it's still going to be available on the exchanges. I've seen a lot of people talk about that years ago. They said once XRP is designated as a tier one asset, it's going to be removed off of Coinbase, Uphold, and so on, but you will still be able to sell it there. It's just you will no longer have access to buy it.
Now, I don't know if that's just a narrative that people were pushing back then. I always believe you will have access to XRP, but we will hit scarcity at some point and you're going to be paying premium prices for one XRP in the future. Most of retail will be buying pieces of an XRP the way they buy a piece of Bitcoin here and there because once the institutions get their hands on this cryptocurrency, once it goes up, it's not coming back down. It's going to stabilize because it's going to be utilized consistently on a daily basis. But I do believe that tier one status is going to happen for XRP.
Europe is losing the blockchain revolution. Lagarde just said what nobody in Brussels wants to admit. Her warning. Digital dollarization.
Europe risk losing monetary sovereignty to private dollar stable coins. $300 billion stable coin market overwhelming USD. Tether circle both American both dollarbacked. I would call Tether American. Tether cannot pass regulations. They created a whole new stable coin for the US market and Tether is finished in the EU because of MA. So Europe's options, private stable coins, dollar denominated, tokenized bank deposits too slow, wholesale central bank digital currencies too centralized, hybrid model too complicated. You know what I think they're going to come up with? RL EUR. And I mentioned this years ago, every G20 nation will have RLUSD and their own currencies on the XRP ledger.
I'm expecting RL EURUR to show up or be announced at some point very soon. But this is what it would look like right here. And this is what the final product would be. So you see XRP in the middle like a massive liquidity pool and then you have RLUR going in to XRP and coming out as RLUSD or RLGBP or RLJPY.
And that was what everyone thought would happen for years. I mean the BIS even showed us liquidity pools for XRP in a lot of their white papers. I always said that's where you will see XRP locked away for very very long periods of time.
But I do believe this is absolutely coming. And if you don't take it from me, take it from the guy who kept the Ripple verse SEC case going for 4 years.
Take a listen.
>> Go between Tanzania and Nigeria. You need you need somebody to bear some counterparty risk that the ledgers both move and are adjusted at the same time and usually it's a bank that is in both countries. You could use blockchain but you the current thinking is you need a bridge currency in between and that bridge could be a stable value that's that's you know backed by the US dollar or the euro. It could be a currency even like uh Ripple has an alternative. It's just piloted in May.
>> And Gary Gensler knew this entire time, the whole time that the Ripple verse SEC case was going on, that Ripple had a bridge currency. XRP is a bridge currency. It's going to rise as the world's bridge currency because every single stable coin needs a bridge. No other country is going to accept digital dollars when they have their own digital currency. When they have a currency backed by gold like what China wants to do with the yuan, they want to back the digital yuan with gold. Once that happens, every other country is going to rush to do the same exact thing. The world wants a level playing field. They don't want the US dollar anymore. Every country wants to have their own digital currency and then when they transact it would all need a bridge going from one country to the next. XRP to $100. Here's why people aren't laughing anymore. Most people still think XRP moving to $100 is impossible. The same way they thought Bitcoin at $1,000 was crazy. XRP isn't trying to be a memecoin. It's built for global payments. Once XRP is being utilized as a bridge currency for its actual use case, we are going to see a three-digit XRP easily. With the rise of the new financial system coming very soon, you will see XRP go from maybe $100, then it'll go to two or $300, then it'll start to surge closer and closer to $1,000.
It's going to be a lot quicker to watch XRP go from $100 to $1,000. It'll take even less time to go from $1,000 to $10,000.
Right now, it's still sitting at dirt cheap prices, but once we achieve $100, things will change quickly. Wait and see. Top Bitcoin investor says, "You don't own enough XRP." Crypto Michael recently posted a sharp statement. He told the community, "You don't hold enough." So now we have the Bitcoin guys telling us, "We don't own enough XRP."
What a crazy time in crypto. And I think it's because the Bitcoin holders, they don't want to miss out on the return on investment that XRP offers. They see the potential behind it. Now, why would you just sit there and watch it happen? I mean, most people want to capitalize on this. A lot of people think, well, why should I continue holding Bitcoin? What What am I going to get? Maybe a 2x and then what are you going to get if it if the four-year cycle plays out again in 2028? What do you plan to get out of Bitcoin then? Maybe a 4x, maybe a 5x if you're very lucky. And that's being super bullish. By the way, as well, the better return on investment is with XRP.
Everybody always points at the price of Bitcoin like it's some major achievement. Oh, Bitcoin's close to $100,000, but XRP is going to make way more millionaires once it hits $10. Think about it like that. XRP outperforms the rest of this space when you look at it over a longer period of time and it's going to continue to do that going into the future. I'm telling you now once tokenization starts everything is going to change because once you bring that kind of value onchain there's no going back. It's the same thing with RLUSD.
Everybody thinks, well, it's ROUSD they're using. It doesn't mean anything for XRP. Anything that runs over the XRP ledger adds value to this cryptocurrency.
But like I always tell you, until it happens, stay patient, stay positive, and let's get rich together. With that said, I'm going to wrap up this video. I want to thank you all for watching. I appreciate all of you. I'll see you in the next one.
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