about the internet of value at Ripple We're thinking much bigger than just crossber payments It's kind of like Amazon with rare books in the early days Just this market happens to be a $10 trillion market You're at a historic turning point Said in the past that you are doing for money what email did for communication moving the whole revolution forward There's trillions of dollars parked around the world RP is there a possibility that Ripple could take over Swift one day well welcome back ladies and gentlemen to another episode of 24 hours of crypto Let's get right into today's video We have a double header indeed Today I came across some very very important information that I must bring to your attention before you guys go to bed So you guys can't sleep of the excitement because my night's ruined So I want to ruin your night All jokes aside we're I I don't even know where to begin Let's start off with what Jerome Powell said today really set the tone and then we're going to get into the G20 road map for enhancing crossber payments which we covered previously This was released back on October of 2021 But my goodness some of the things we said back then it's all happening right now We're going to go over this very briefly and their timeline that they gave okay these building blocks and then we're going to cover the secret weapon of Bill Gates and Melinda Gates Foundation Remember this PDF we're going to go over right here published August 28th of 2014 How to digitalize uh payments transfers and remittances My goodness it has been long in the making But take a listen to what Jerome Powell says here And we are pretty much within 60 days there's going to be a huge kaboom moment Wait for it We worked with Congress to try to get a a framework a legal framework for stable coins which would have been a nice place to start We were not successful I think that the climate is changing and you're moving into sort of more mainstreaming of that whole sector So Congress is again looking at both the Senate and the House are looking at a framework a legal framework for stable coins You know depending on what's in it that's a good idea We need that There isn't one now The potentially fast and wide adoption of a global stable coin potentially a global currency governed only by the incentives of a private company is something that will deserve and will receive the highest level of regulatory expectations And stable coins are a product that a digital product that could actually have fairly wide appeal And we are going to put a lot of thought into the stable coin regime And as President Trump has directed uh we are going to keep the US the dominant reserve currency in the world and we will use stable coins to do that You know we took a pretty conservative and other other bank regulators took an even more conservative perspective on the guidance and rules we imposed on banks I think there'll be some loosening of that and I think we'll try to do it in a way that that preserves safety and soundness but that you know permits and fosters appropriate innovation and I left you with a hanger there within 60 days Well today the SEC and Ripple came out They announced that they they're putting a pause a pause to this whole case and they're probably working on a settlement And why within 60 days well they gave 60 days for this order So that puts us around June 15th And if we go off of what Mr Sach said David Sack he said that within six months we're going to see legislation and regulatory clarity kind of hit this market So that puts us perfectly on the timeline of what he's seeing and what they're doing behind closed doors This goes hand in hand So let me know what you guys think in the comments down below But once this is fully dropped oh my goodness like the clarity is there's nothing that's going to hold back And now it's just about putting everything in place and then slowly scaling the system and educating retail that's coming in That's that's what's going to be very very important and that's what the World Economic Forum is even saying Some huge takeaways here They put a graph of the countries that have adopted crypto and at at like the most So we have India we have Nigeria we have Vietnam and then we have the United States You do know that United States wants to become number one here and they're going to do that with education and onboarding and now they're about to do this all this year Okay this year is going to be a huge year for onboarding and listen to just what they're saying right so if this is what they're telling the press if they're if this is what they're releasing to the public what do you think they're talking about and how do you think they talk about you know behind closed doors listen to this The crypto adoption curve is similar to in the early days of internet According to Brian Armstrong the CEO of Coinbase I think it'll get to half of the world in 10 to 15 years It'll be much faster than that in my opinion Regulation will be a key part of increasing uptake All the speakers suggested if we get regulatory clarity on stable coins in the US and our central banks accepts the legislation it will permit into other banks And you heard what drone pal said about stablecoin This whole talk about stablecoin and them putting that into effect is a big deal because RLUSD will have an impact on XRP Okay it is the killer combo Another killer combo besides ILP and XRP We need to make crypto easier to use Most people don't understand how electricity works but they can flip on a light switch I think we need to make it that simple And by the way guys it's a little late so if I if you guys see me you know mispronounce or reread something incorrectly please forgive me My eyes are like dying of uh they're like very tired We need to make crypto easier to use There is these addresses that don't look readable There are random strings of numbers and letters that's being replaced by Ethereum name service So it's a human readable name So again the onboarding process even with these XRP addresses and what we could potentially see in the near future we're going to see a new world right we're going to see a new world We're going to see a new infrastructure that a lot of people are not even going to understand But going into this G20 road map and what they said here listen to this So if we take a look that the font is bad so it's not your um you know monitor or anything We got January 2025 to December 2025 right here They say that SSBs and national authorities to monitor implementation by the market including private sector alignment with international and domestic frameworks So now we are going to have private sectors so like Ripple come in with public sectors and merge and then they're going to see their alignment with international and domestic frameworks right this was all in the road map and we we talked about this for a very long time this is when we had about you know maybe 30k subs 20k subs we haven't covered this in a long time but I said they're going to go with this road map obviously that's why it's here and it's playing out perfectly and they even stated did right here Let me see if I could find it There is another one here Let's see what they were working on Right So I do apologize They're just so small Where is it so we have the FSB with the CPIM and other SSBs domestic data protection bodies and data governance bodies to conduct stockable existing national and regional data frameworks relevant So coming together providing regulation and supervision for crossber payment arrangement is what they're saying and you know just to go over the CPIM you guys know that Ripple is a part of the CPIM which is the committee on payments and market infrastructure that is the CPIM Okay so this has been long in the making and we're actually going to see this play out We have Ripple we got Mastercard we have Swift we have RTGS Global and now best for last Okay this is just so so crazy And this is whatever you know if you guys want to think this is you know speculating or it's not This is just so cool to look at it from this perspective right so we have Costa perrick and he worked at Swift for 23 years pretty much when Swift was like he was the main architect He was the chief architect of Swift and then he went to the Interledger Foundation and he has been working at the Modulu Foundation since August of 2013 and we know Ripple and its digital XRP and interledger protocol and the Meinda Gates Foundation are all in bed together That is a fact There's no disputing that But what's really cool about this is this PDF the opportunities of digitiz digitizing payments and how they're talking about how digitization of payments transfers and remittances contributes to the G20 goals of broad-based economic growth financial inclusion and women's economic empowerment and a report by the World Bank you know and the Belinda made Belinda and Bill Gates Foundation and the G20 Global Partnership for Financial Inclusion August 28th 2014 And this is when Costa was you know was working with them But this is just to kind of show you that somebody like Bill Gates trying to create something for the next gen of finance getting there and preparing for it before the adoption happens and hiring the best of the best that he can to work within his organization and his foundation Do you understand the importance of that cost a peric It's like pretty much you're drafting one of the best players of all times to your team and you're holding that down with a very very high-end um contract right bill Gates knows that's why they're always ahead of the game These guys are billionaires They have closed door meetings They already know what's going to happen 10 20 30 40 50 years from now You need to understand how these guys plan for the future and for him to acquire Costa peric under his authority let's just say that okay under his umbrella and prepare for this next gen of finance and create something my do you understand how important that is and if you don't understand that and if you think I'm just yapping on over here you're so dumb it's like it's insane you know it's it's like just like please leave leave your negative comment and leave um but this is like This speaks volumes And the fact that Ripple and XRP have ties to this and what we know is being created it it's just going to be crazy And I know you know when the $100 XRP is achieved and if we see anything over just remember guys Bitcoin went from 30 cents to $110,000 Yeah That's like a spitting at your coffee moment you know and Ethereum went from like 50 cents 90 cents to $5,000 And then you have this digital asset XRP where everybody's involved but it's never seen any sort of dramatic price increase right think about that for a moment and think about what they're building XRP for and how they're designing the system Think about that for a moment My goodness how do people not see this i love it though I love how only some of us see it and the other half don't That's what makes this an amazing opportunity Like think about that Like some of us see it and some of us don't And the ones that don't see it we could naturally call the morons because it's it's the truth It's the truth It's it's the same people that were you know when we were making videos at 20 cents 30 cents They're the ones that were commenting "Let's get to a dollar first Let's get to a dollar first If I could get over there and knock your teeth in first I would But I would never at the same time But you know what I mean Sometimes you know it's just it's just absolutely insane to me It's insane to me what sort of humans were you know unfortunately placed on this earth So with that being said we will be back with another video They told us dream small but we had the stars in mind While they chased hype we study time in the noise We found the signal Brad knew just what to do Now XRP hums like jazz running smooth and true Money's changing systems bend Ripple flowing to the end Truth is quiet bold and deep We salute the ones who lose no sleep Salute to the minds that built this chain Salute Salute Through the trials through the pain Salute Salute to the calm to the wise Salute 100 in our eyes Bitcoin maxis yell on stage Stuck in loops they call belief while XRP just clears the way No delay no grief They hoard coins like dusty gold but we got utility in every fold The future ain't loud it's steady breathing Real ones know what's worth believe it It ain't hype it's cold and soul We salute the ones who see the hole Salute to the builders to the flow Salute Salute where the real ones choose to go Salute Salute to the heart to the plan Salute XRP will lead the land Value don't lie and truth don't shake Let the old world break We remake toic reserve written in stars XRP going to take us far So here's to the signal clear and bright To the dreamers who held on tight no matter the storm no matter the fight salute we rise with the light We started building Ripplet with the thesis that crypto liquidity would eventually be able to support robust global payments large payments Ripplet was designed so that customers seeing the benefits of our fiatbased network could flip the switch to ODL once the market was mature enough And this is exactly what's happen Flip the switch Uh I think what we're building has you know it's solving a real problem and I think all of the tokens my advice to anybody would be understand the utility If there's real utility and there's real value being delivered to a real customer there will be value in the token