You MISSED XRP (Here’s Why) 👀

00:06:55
https://www.youtube.com/watch?v=tF9gnodv7Qo

Resumo

TLDRThe video discusses the transition to a new financial infrastructure using XRP and Ripple’s systems like RippleNet and the XRP Ledger. XRP is positioned as a compatible asset with the new ISO 2022 messaging standard, aiming to become crucial payment rails. Despite facing skepticism, XRP has been acknowledged by major financial institutions like the World Bank and the Bank of International Settlements. Furthermore, Ripple has been developing technologies to address banks' outdated infrastructure needs. RippleNet and Ripple’s on-demand liquidity solutions (rebranded to Ripple Payments) are pointed out as transformative in the way financial transactions occur. They are designed to integrate effortlessly with current banking systems, bypassing the traditionally slow processes of the SWIFT system. The expectation is for XRP and new stablecoins like 'Real USD' to cater to both Western and BRICS banking needs, indicating an eventual split in the crypto landscape. XRP's neutrality allows it to operate across various political landscapes, furthering its adoption. The video articulates Ripple's strides towards modernizing banking operations on a global scale, readying itself for widespread use as some American partners, including major financial institutions, begin to gradually embrace these technologies. The comparison to retail point of sale systems underlines the need for banking infrastructure modernization akin to retail industry advancements.

Conclusões

  • 🔄 XRP is integral to the new financial infrastructure transition, as a key payment rail.
  • 🏛️ Major institutions like the World Bank acknowledge XRP's potential.
  • 💸 RippleNet aims to modernize sluggish banking systems, replacing outdated methods.
  • 🌐 Ripple’s technologies cater to both BRICS and Western banking needs, leveraging XRP's neutral political stance.
  • ⚡ Fast transaction capabilities make the XRP Ledger valuable in financial markets.
  • 📊 Stablecoin 'Real USD' has potential for prominence in global markets.
  • 🔗 Ripple's On-Demand Liquidity now known as Ripple Payments integrates seamlessly with banks.
  • 🌍 Crypto is expected to split between Western and BRICS allegiance, with XRP well-positioned to bridge divides.
  • ⏳ Banking experience stagnation is highlighted, showing the urgent need for infrastructure upgrades.
  • 🚀 The new systems aim to digitize and enhance banking processes worldwide.

Linha do tempo

  • 00:00:00 - 00:06:55

    XRP ge swhiu a Switfungjieng yij hab’wng zhanzjin yousoeth wok dugjib, ndaw mwn neix doxia swngngaemieh gyaen dwg owh.“Ripple” whuh a ndiaem dwg xurq yen. Dwng yiengh hwng yij, mwngz youha qiengh bai yousoet banjdaem, ndaw neix jiebaij wngqdoeng gyauwh miesaeq mban cua doz jauqhenj faengzhung, ninh njaenz dwg yawj gaem dominozm daengj bonswih fanbu de caeu hwnggoh ainiuz hug a mbinj.ngt aeu cingj, arial dwgyou loengz do h, jienyiq de a nieep.1-1, mbwj goetsao daengj dwk ma, daenj“.

Mapa mental

Vídeo de perguntas e respostas

  • What role does XRP play in the new financial infrastructure?

    XRP is expected to become the payment rails for the new financial infrastructure by facilitating fast transactions and integrating with the banking world.

  • Why is the XRP Ledger significant for banks?

    The XRP Ledger provides the fast transaction capabilities needed by the banking and institutional worlds, which makes it essential for digitizing banking infrastructure.

  • What is RippleNet?

    RippleNet is the infrastructure built by Ripple to integrate with banks and facilitate efficient financial transactions, replacing outdated systems.

  • Is XRP token important for Ripple's success?

    The XRP token itself is not as important as the financial infrastructure Ripple has built. Ripple could create another token if needed.

  • Why haven't banks upgraded their financial systems?

    Banks have not upgraded their financial systems in decades due to the complexity involved and the existing infrastructure that ties everything together.

  • Will XRP be used by BRICS nations?

    Yes, XRP is a neutral technology without political bias, making it suitable for both BRICS nations and Western countries.

  • What is the potential of the stablecoin 'Real USD'?

    The stablecoin 'Real USD' is expected to have significant staying power and rise in prominence on both BRICS and Western sides of the crypto market.

  • What changes can be expected in the banking world with Ripple's technology?

    Ripple's technology is expected to upgrade the digital infrastructure of banks, making transactions faster and more efficient, and potentially changing the current banking experience.

  • What is Ripple's On-Demand Liquidity (ODL)?

    Ripple's On-Demand Liquidity (ODL), recently rebranded to Ripple Payments, facilitates instant cross-border payments using XRP.

  • How does Ripple plan to overcome banks' outdated infrastructure?

    Ripple aims to replace outdated infrastructure with RippleNet, providing an integrated solution for modernizing the bank's digital processes.

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  • 00:00:00
    you know when I talked about Swift
  • 00:00:01
    transitioning there there's going to be
  • 00:00:02
    some kind of transition period that's
  • 00:00:04
    probably what we're going to see with
  • 00:00:05
    the iso 2022 stuff um this a new
  • 00:00:07
    messaging standard xrp there's some
  • 00:00:09
    coins that are like compatible with it
  • 00:00:10
    xrp is it was built for xrp I mean
  • 00:00:13
    that's the point uh you know they're
  • 00:00:14
    going to tell you it wasn't you know
  • 00:00:16
    they've been talking about Ripple and
  • 00:00:17
    xrp at World Bank and Bank of
  • 00:00:18
    international settlements for years uh
  • 00:00:21
    people have just missed all that stuff
  • 00:00:22
    because they're watching crypto YouTube
  • 00:00:23
    instead of the organizations that
  • 00:00:25
    actually matter and run the whole
  • 00:00:26
    financial infrastructure um like those
  • 00:00:28
    that I mentioned
  • 00:00:32
    I'm not a final
  • 00:00:33
    advisor so um ultimately it becoming the
  • 00:00:37
    payment rails for the new Financial
  • 00:00:40
    infrastructure I couldn't have said it
  • 00:00:42
    aim better myself that's exactly what
  • 00:00:43
    it's doing you you look at the bank
  • 00:00:45
    Partners there coming up with of course
  • 00:00:47
    once we get a little further into the to
  • 00:00:49
    the I don't know appeal process or
  • 00:00:50
    whatever I think we're going to start
  • 00:00:51
    seeing American Bank Partners I mean
  • 00:00:53
    you've already got bitwise a file for an
  • 00:00:55
    xrp ETF you got great scale to do the
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    trust like that's your institutional
  • 00:00:58
    kind of message that's your dog whistle
  • 00:01:01
    that okay they're going to start easing
  • 00:01:03
    up on stuff it's like when coinbase
  • 00:01:04
    relisted everything right do you guys
  • 00:01:05
    think that coinbase would have relisted
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    everything like xrp if an appeal could
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    have brought it down no they would have
  • 00:01:11
    waited like this was the dog whistle to
  • 00:01:14
    to move forward so I I think that when
  • 00:01:16
    you look at everything they're doing um
  • 00:01:19
    and you look at the stable coins the
  • 00:01:21
    real I I finally realized that somebody
  • 00:01:23
    told me it's not I was calling it arloo
  • 00:01:26
    it's real USD is the stable coin real
  • 00:01:29
    yeah yeah AR loo I don't know if R loo
  • 00:01:32
    sounds bad but I kind of like it but
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    real USD I think that stable coin is
  • 00:01:37
    going to rise through the ranks I think
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    that it's going to have staying power
  • 00:01:42
    both on the brick side and the western
  • 00:01:44
    side we're going to watch crypto split
  • 00:01:46
    we're gonna watch crypto split
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    everything is going to be split between
  • 00:01:49
    Western and Bricks IMF and Bricks um it
  • 00:01:53
    it really is coming and people don't
  • 00:01:55
    understand it and you know xrp was built
  • 00:01:58
    to create cbdcs like was built for that
  • 00:02:00
    right A lot of people don't like it
  • 00:02:02
    they're coming one way or another you
  • 00:02:04
    know you don't you want a crypto company
  • 00:02:06
    making it at least so the the ability
  • 00:02:08
    with the fast uh you know fast
  • 00:02:10
    transactions and The xrp Ledger uh it
  • 00:02:13
    just meets everything that the banking
  • 00:02:14
    world needs and the institutional world
  • 00:02:16
    needs and now by adding the stable coin
  • 00:02:19
    now you're offering that one piece you
  • 00:02:21
    couldn't offer before and now you're
  • 00:02:22
    touching every single kind of payment
  • 00:02:23
    rail that's really going through in the
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    banking infrastructure and I think that
  • 00:02:27
    xrp is just in such a great position to
  • 00:02:30
    dominate digital banking or I mean
  • 00:02:32
    digital banking isn't really the way to
  • 00:02:33
    say it uh to digitize uh banking I guess
  • 00:02:37
    that's probably a better way to say it
  • 00:02:39
    the Swiss Swiss is just so archaic it's
  • 00:02:41
    so archaic they've not had a and this is
  • 00:02:44
    the this is the number one thing that
  • 00:02:45
    people miss with xrp and they always
  • 00:02:47
    have and it doesn't matter how many
  • 00:02:48
    times I say it people still miss it the
  • 00:02:51
    thing is your banking experience when
  • 00:02:53
    you go in and deal with your teller at
  • 00:02:55
    the bank it's the same as it was 40
  • 00:02:58
    years ago it has hasn't change they do
  • 00:03:01
    everything the same they've just made
  • 00:03:03
    some things harder like now you got to
  • 00:03:04
    show IDs and uh you know you might not
  • 00:03:06
    be able to you know get your money for
  • 00:03:07
    five days you know and I'm sure that's
  • 00:03:09
    because they don't trust people right
  • 00:03:10
    it's not because they don't have the
  • 00:03:11
    money but so I think that that
  • 00:03:14
    ultimately it it is um you know uh xrp
  • 00:03:19
    is going to be the thing that going to
  • 00:03:21
    just you know change the uh change that
  • 00:03:24
    banking system finally it it's the it's
  • 00:03:26
    not xrp that's important and I think
  • 00:03:29
    people need to hear this XR Brad Garling
  • 00:03:32
    house told you this actually Brad
  • 00:03:33
    Garling house told you that he said hey
  • 00:03:35
    you know what if the SEC shuts down xrp
  • 00:03:37
    we'll be fine we'll just make another
  • 00:03:39
    token and do it different the token xrp
  • 00:03:42
    is not important what is important is it
  • 00:03:46
    is the way that you utilize the
  • 00:03:48
    financial
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    arm of everything that Ripple has built
  • 00:03:52
    for the banks right um which is I'm I
  • 00:03:56
    got it slip in my net is it Ripple net
  • 00:03:57
    now I think Ripple net is what they call
  • 00:03:58
    it um ret yeah yeah Ripple net and then
  • 00:04:01
    you have uh what's the other they we're
  • 00:04:03
    calling it on demand liquidity didn't
  • 00:04:04
    they recently change the name they have
  • 00:04:05
    rle net they have on demand liquidity
  • 00:04:08
    yeah I think I think they changed the
  • 00:04:09
    name of odl recently but I have to check
  • 00:04:11
    Ripple
  • 00:04:12
    payments they Ripple payments yeah I
  • 00:04:16
    like it you know your stuff that's good
  • 00:04:17
    stuff yeah yeah so um yeah so they
  • 00:04:20
    rebred that stuff and that's what people
  • 00:04:22
    have to understand is like when you go
  • 00:04:24
    to your bank and things suck and you're
  • 00:04:26
    like God this you know you hear all
  • 00:04:28
    these horror stories of you know these
  • 00:04:30
    people can't withdraw their money or
  • 00:04:31
    blah blah blah blah when you hear all
  • 00:04:33
    that stuff it's because they have
  • 00:04:34
    outdated infrastructure
  • 00:04:37
    finally I I compare it to if you've ever
  • 00:04:39
    worked retail if you've ever worked at a
  • 00:04:41
    at a mall shop or you ever worked at
  • 00:04:42
    Walmart you ever worked Target whatever
  • 00:04:45
    your store has a POS system it's a point
  • 00:04:47
    of sale it's how it's it's what the
  • 00:04:49
    person is working on on the little
  • 00:04:51
    computer over there uh when they're
  • 00:04:52
    checking you out if they have to type
  • 00:04:54
    anything in and that is a system that's
  • 00:04:56
    set up for retail I don't really know
  • 00:04:58
    what you call the banking
  • 00:05:00
    but the banking the banks have their own
  • 00:05:02
    they have their own kind of
  • 00:05:04
    infrastructure digital infrastructure
  • 00:05:06
    that ties everything
  • 00:05:08
    together that's why nothing gets
  • 00:05:10
    upgraded at Banks because that never
  • 00:05:13
    changes it's been the same system
  • 00:05:14
    forever why still using Swift I'm
  • 00:05:16
    surprised they're not using Morse code
  • 00:05:18
    and cans with strings on it you know
  • 00:05:19
    what I mean so I I think at the end of
  • 00:05:21
    the day I think that what people really
  • 00:05:23
    have to understand um is that Ripple net
  • 00:05:27
    it's it's the interface it's the way
  • 00:05:30
    that it integrates with the banks and
  • 00:05:33
    everybody says oh these banks will come
  • 00:05:34
    up with their own they haven't done in
  • 00:05:36
    40 years they haven't done it in 40
  • 00:05:38
    years so so the the point is it's almost
  • 00:05:41
    impossible to do and ripple is a company
  • 00:05:43
    that solved that they had to go through
  • 00:05:45
    this hard time to build the trust and
  • 00:05:46
    show everybody and now they're about to
  • 00:05:48
    show everybody where the banking world
  • 00:05:51
    is going in in the next you know six
  • 00:05:53
    months to a year to year and a half it's
  • 00:05:54
    going to be amazing I think in three
  • 00:05:56
    years I think we're going to be in a
  • 00:05:57
    bare Market again I think our people
  • 00:06:01
    um but I think it willon matter I think
  • 00:06:03
    I think they'll already have their IPO
  • 00:06:04
    and um you know R will be moving forward
  • 00:06:06
    one way or the other well there's a lot
  • 00:06:08
    to unpack there first I love what you
  • 00:06:10
    said exerp the token is friendly for
  • 00:06:12
    both bricks Nations and the US there's a
  • 00:06:15
    lot of misconception because people
  • 00:06:17
    think oh bricks would never use xrp
  • 00:06:21
    because Ripple is an American country
  • 00:06:23
    but they fail to understand that The xrp
  • 00:06:25
    Ledger has no political bias so that's
  • 00:06:28
    an end game right there over here I just
  • 00:06:30
    did a presentation where Russia has
  • 00:06:33
    successfully tested on The xrap Ledger
  • 00:06:35
    multiple times and that comes from the
  • 00:06:37
    Central Bank of Russia
Etiquetas
  • XRP
  • RippleNet
  • Financial Infrastructure
  • Stablecoin
  • Real USD
  • BRICS
  • Banking Modernization
  • Crypto Market
  • On-Demand Liquidity
  • Ripple Payments