XRP Flywheel #4-#6 & SEC / ETH vs. Ripple Regulatory Capture
Introduction
The video starts with a liftoff of a spacecraft.
Sponsorship and XRP Investment
The speaker talks about his sponsor, Link2, and how many members have joined to make Ripple investments. He also mentions that he will be discussing something important in the video.
- Brett Hill tweeted about XRP being the sleeping giant.
- The speaker met someone who created a hype video for XRP Las Vegas 2024. He believes it will be bigger than the last one.
- John Deaton was on with Brad Comes and talked about why people are invested in XRP. They believe that their country and world has destroyed the value of money.
Decentralized Justice
John Deaton shares stories from people he met at XRP Las Vegas 2024 conference.
- People invested in XRP because they saw how their country and world has destroyed the value of money.
- Brad received gratitude from a 75-year-old woman grandmother for fighting for them.
- Many hard-working people are not accredited investors but developers trying to change the world.
- Government is preventing these people from advancing financially.
Fundamental Valuation Framework for Crypto Assets
Susan Athe Robbie Mitch Nick's fundamental valuation framework for crypto assets from June 2018 is discussed.
- Their model valued xrp between 1.59 to 8.23 based on fundamental valuation.
Projections from 2018 and Unknown Miners
This section discusses the damages to people described by John Deaton and the issue with an unknown miner solving more than half of the Bitcoin blocks.
Damages to People and Unknown Miner
- Questions raised about damages to people described by John Deaton in 2018 projections.
- More than half of Bitcoin blocks solved by an unknown miner, raising concerns about security.
The Flywheel Effect
This section discusses a woman's talk at Ripple Swell 2019 on the flywheel effect and how it relates to advancements in digital economy and trading.
The Flywheel Effect
- Woman's talk at Ripple Swell 2019 on flywheel effect.
- Recognition that banking and payment systems have not kept up with advancements in digital economy.
- Efforts to align performance of banking/payment systems with those of digital economy through blockchain, smart contracts, and digital assets.
- Internet of value beginning to crystallize, with increasing adoption of watchlists, digital assets, cryptocurrencies like XRP/Stellar Lumens, stable coins like USDC playing important roles.
- Cryptocurrencies gaining legitimacy as new asset class; institutional investors entering game will accelerate developments in decentralized finance.
Interbank Payments and Settlements
This section discusses interbank payments and settlements, including JPM Coin, Ripple's XRP, collaboratively developed DLT-driven interbank payment systems, USDC running on Stellar.
Interbank Payments and Settlements
- Introduction of Central Bank digital currencies will accelerate mainstream digital assets.
- Interbank payments and settlements, including JPM Coin, Ripple's XRP, collaboratively developed DLT-driven interbank payment systems, USDC running on Stellar.
Cryptocurrencies as a New Asset Class
This section discusses cryptocurrencies as a new asset class and how they have gained legitimacy over time.
Cryptocurrencies as a New Asset Class
- Cryptocurrencies gaining legitimacy as new asset class; institutional investors entering game will accelerate developments in decentralized finance.
The Use of Digital Assets in the Global Economy
James Wallace discusses the potential benefits of using digital assets, such as on-demand liquidity, to free up capital and increase economic growth. Mark Carney also speaks about the role of private money created by large technology companies in changing the nature and funding of credit intermediation.
Benefits of Using Digital Assets
- Digital assets have the potential to free up trillions of dollars held captive in pre-funded accounts around the world.
- On-demand liquidity is a compelling use case for digital assets that can benefit individuals and have macroeconomic benefits.
- Increased capital flow can benefit smaller businesses in developing economies by allowing them to get paid more quickly and with more certainty.
Private Money Created by Large Technology Companies
- Large technology companies could become major providers of private money through data-driven services integrated with payments data.
- This could invert the hierarchy in financial services and change the nature and funding of credit intermediation, with ramifications for domestic regulation beyond payment systems and even for the international monetary and financial system.
XRP Valuation Questions
- The Digital Asset Investor raises questions about what XRP's valuation would be if it had been included in the Bitcoin Ethereum Hinman Free Pass speech or if there had been no SEC lawsuit regulatory capture.