The ambiguity where some people are stating that "XRP would not be used", is that they are actually talking about "the current XRP Ledger that runs in production at the moment", and in the documents shown, they are not talking abouth this XRP Ledger (set of servers currently running the rippled software), but XRP as a technology, which MAY suggest they could be using a SEPARATED XRP Ledger / network... which could be logical as banks today are already trading between themselves in bank-only networks and currencies. This may need further digging...
Absolutely please explain thus. It helps me very much regardless how many others have already explained. You actually explain in a way I can understand easily. Keep it up for new listening
@@keithseeberan because it's all a movie . The world is in a financial system crisis and the money system has run it's life cycle . Now the standard is going to be that all countries are going to use a bridging mechanism to reset the system because countries will not be able to pay off there loans ever .
Following up, I found this from a What is Corda academic course: "In March 2021, R3, the owner of the Corda platform, and XinFin, a hybrid public-private blockchain platform, announced a partnership agreement. Based on the agreement, XinFin’s cryptocurrency XDC became the primary settlement coin on Corda."
Exactly what I was thinking about when I saw this video. People should just grab what they are comfortable with of the “X” coins. Hopefully when this lawsuit is over there will be a window for people to grab other promising projects coins before ALL the utility coins shoot up in price!
Hey you said it yourself, They are "using" xrp for the settlement process. Using it as a "bridge" The two central banks don't need to "acquire" xrp to make this happen. They tap into a liquidity pool to "borrow" xrp for the duration of the transaction and once complete ( fiat 1 becomes fiat 2), then that xrp can return to the pool. Neither party needs to keep or hold ANY xrp.
Someone has to provide the liquidity that’s where you’re wrong Don’t think so narrowly that both sidev buy and sell. That’s 2018 narrative 🤯Internet of Value
@@MickeyBFreshTheDeFiStandard Explain more please? ODL already exists right? So that is liquidity pools. Someone already providing that liquidity. Maybe as adoption increases and more liquidity is needed, xrp holders can also join in liquidity pools. More adoption = more transactions -= greater need for xrp. Any shortage in xrp = price rise of liquid/available xrp. What am I missing, and how much deeper does it go?
@@ericpeteet9519 Thats right. So you "borrow" xrp from a liquidity pool, pay a fee and it gets used to settle your transaction then the xrp returns to that pool right? So you don't need to own or hold the xrp. You can borrow it. Thats the magic of the ODL system and the liquidity pools. David is/was a genius.
I have a question that I can't find an answer to. Here it is...If there are 50,000,000,000 XRP and if the value goes to $50,000 USD, where does that money come from? There is only 2,100,000,000,000 USD in circulation but total value of just the XRP would be $2,500,000,000,000,000. Where does that money come from without hyperinflation?
My 2cents...one reason This lawsuit (had to happen)in order to show this country and all the countries around the world that Ripple xrp is a regulated product.This will give the 🌎 confidence to use that product.
Hahaha I definitely try to encourage that people go and dig....and you Lewis have taken up the torch and made us and me so proud in our small but mighty community+ You are going to be one of the GOATS in the space mentioned by all! I couldnt think of toi many others to take the HDAO torch and run full steam ahead outside of you and ISO Goat....you guys keep up that hard work!! You are doing a stupendous job....and just because I did it before it doesnt mean that your perspective isnt extremely valuable!
I’m a college student, 23 years old. I really appreciate how you break things down. I’ve watched every video and I truly feel as though I have something that will be worth more than anything I’m learning in school right now. You are putting me ahead by light years.
That is from 2018. R3 has parted ways with Ripple and are using DASL and XDC. That info is old (pre-lawsuit). My biggest bag is XRP, but please look for info AFTER 2019.
@@LewisWJackson Thanks for the clarification! I hold significant bags of both, and want to see either, or both do well. Thank you again for the CRAZY good videos….
I’m so confused, you’re referring to press statements of 5 years ago….?! Things have changed now. Look at FedNow for example not using XRP as a bridge currency.
Even though the information may have been out there , I seem to learn more from you explaining it than I would from anyone else . Thank you for your hard work
So get it all. I understand where its all heading except for one thing. Whats going to happen to all the worthless cash circulating the globe? if the USD implodes along with other currencies and a huge re-evaluation of asset backed currencies take place ( digital or otherwise) to fix the global economy, does all that paper just get turned into kindling? If so, people who hold onto cash will probably be in even worse shape since there wont be any paper trail on what they're worth
Great video I love it, you have explained it so well that it made me want to comment, like end subscribe ;), you are not yelling or manking creazy speculations like so many other crypto youtubers, and I now have a cleare understanding to go and do my own research.
Although I agree with you summation of the CBDC’s aspect of using the XRP …….but there is an alternative use of the xrp and that is the QFS….. The Quantum Financial Ststem NESARA/GESARA using the ISO20022 assets…. XRP, XLM, CDC, ALGO et etc…. the CBDC is part of the WEF
your research isn't quite right even though I really appreciate your content. R3 chose xdc as payment token. The r3 /rippek report is from 2018. There is a new report from 2021 where corda network chose xdc as paid token.
Great video, I appreciate you sharing not only what you've learned, but also how important the process is for us to take on as well. The next 1-8 months are going to be really exciting!
Posted on the BIS website,... march 2022.......... "Project Dunbar explores how a common platform for multiple central bank digital currencies (multi-CBDCs) could enable cheaper, faster and safer cross-border payments. It identified challenges of implementing a multi-CBDC platform shared across central banks and proposed practical design approaches to address them. These design approaches were validated through the successful development of technical prototypes on Corda and Partior, proving that the concept of multi-CBDCs was technically viable."
your research isn't quite right even though I really appreciate your content. R3 chose xdc as payment token. The report is from 2018. There is a report from 2021 where corda network chose xdc as paid token.
Here’s some food for thought: DUNBAR is the town in Scotland where John muir was born and low and behold he moved to America and was one of the leading advocates for national parks. Now if you look at the Californian gold rush it was the serria Nevada mountain ranges that were the source of wealth that kick started the American economy in fact California has an economy bigger than some countries, but John muir was instrumental in making certain this range and others across America became national parks. I’m sure our American cousins can vouch that certain parts of national parks are off limits to normal people like ourselves so what if large gold reserves are being kept back to kickstart the great reset. Also the rothchilds if my information is correct came out of the gold markets late 90s 2000s to start the bank if international settlements, by the way they were notoriously known for manipulating the gold prices before there so called departure to settlements. I’m not being a conspiracy nut but it kind of makes sense they do like to hide it all in plain sight.
Mate, I’m not sure people will accept CBDC’s in the end and I’m not sure big governments and central banks will exist in the capacity they do currently. If they do, we won’t have need for the commercial banks. The central banks via their CBDC’s will control everything. That said a form of international settlement must be available. So the model is right, but I pray the assumptions are wrong.
Ripple tech and XRP is not the same thing. XRP is a product of Ripple. Ripple tech can collab with CBDC and offer their technology to be used in CBDC but that doesnot mean they are going to use XRP.
R3 & Ripple had a bit of a falling out several years ago, as part of the settlement they were allotted a few billion XRP (i think it was 9 bill) i think all is good between them now.
Wow Lewis your kicking goals here bro 👏 your presentations are brilliant, clear and concise. Thanks for explaining and breaking down the jibberish from BIS into understandable language
Love the way you simplify and talk in human speak Lewis!!! I've been researching since 2020. But your summarization is brilliant. Thank you.
The ambiguity where some people are stating that "XRP would not be used", is that they are actually talking about "the current XRP Ledger that runs in production at the moment", and in the documents shown, they are not talking abouth this XRP Ledger (set of servers currently running the rippled software), but XRP as a technology, which MAY suggest they could be using a SEPARATED XRP Ledger / network... which could be logical as banks today are already trading between themselves in bank-only networks and currencies. This may need further digging...
Absolutely please explain thus. It helps me very much regardless how many others have already explained. You actually explain in a way I can understand easily. Keep it up for new listening
South Africa's central bank tested XRP twice succesfully in oct 2022. We are part of Brick, which means the brick countries are going to use xrp
Woop Woop! Go Southy 🇿🇦
Pegged to gold..
Why would briccs countries against the dollar use there krypto currency?
@@keithseeberan because it's all a movie .
The world is in a financial system crisis and the money system has run it's life cycle . Now the standard is going to be that all countries are going to use a bridging mechanism to reset the system because countries will not be able to pay off there loans ever .
Thank you so much for your insight and advice. 🙏🙏
Warm regards from down south in South Africa 🇿🇦 😀 🙌
Following up, I found this from a What is Corda academic course: "In March 2021, R3, the owner of the Corda platform, and XinFin, a hybrid public-private blockchain platform, announced a partnership agreement. Based on the agreement, XinFin’s cryptocurrency XDC became the primary settlement coin on Corda."
Tʜᴀɴᴋꜱ Fᴏʀ Wᴀᴄᴛʜɪɴɢ...
Sᴇɴᴅ ᴀ Dɪʀᴇᴄᴛ Tᴇxᴛ Oɴ Wʜᴀᴛꜱᴀᴀᴘ Wɪᴛʜ Tʜᴇ
Nᴜᴍʙᴇʀ Aʙᴏᴠᴇ .....✍️✍️😊
*Let’s discuss* 👆
Exactly what I was thinking about when I saw this video. People should just grab what they are comfortable with of the “X” coins. Hopefully when this lawsuit is over there will be a window for people to grab other promising projects coins before ALL the utility coins shoot up in price!
Hey you said it yourself, They are "using" xrp for the settlement process. Using it as a "bridge" The two central banks don't need to "acquire" xrp to make this happen. They tap into a liquidity pool to "borrow" xrp for the duration of the transaction and once complete ( fiat 1 becomes fiat 2), then that xrp can return to the pool. Neither party needs to keep or hold ANY xrp.
Fud is reall on this one
Someone has to provide the liquidity that’s where you’re wrong
Don’t think so narrowly that both sidev buy and sell. That’s 2018 narrative
🤯Internet of Value
@@MickeyBFreshTheDeFiStandard Explain more please? ODL already exists right? So that is liquidity pools. Someone already providing that liquidity. Maybe as adoption increases and more liquidity is needed, xrp holders can also join in liquidity pools. More adoption = more transactions -= greater need for xrp. Any shortage in xrp = price rise of liquid/available xrp. What am I missing, and how much deeper does it go?
@@kevhall4802 xrp IS the odl...u can't separate the 2
@@ericpeteet9519 Thats right. So you "borrow" xrp from a liquidity pool, pay a fee and it gets used to settle your transaction then the xrp returns to that pool right? So you don't need to own or hold the xrp. You can borrow it. Thats the magic of the ODL system and the liquidity pools. David is/was a genius.
I have a question that I can't find an answer to. Here it is...If there are 50,000,000,000 XRP and if the value goes to $50,000 USD, where does that money come from? There is only 2,100,000,000,000 USD in circulation but total value of just the XRP would be $2,500,000,000,000,000. Where does that money come from without hyperinflation?
My 2cents...one reason This lawsuit (had to happen)in order to show this country and all the countries around the world that Ripple xrp is a regulated product.This will give the 🌎 confidence to use that product.
Is possible bro
BIS will use XRP for International Settlements. $589+ 🚀
Buddy you have no idea that to be true. We don’t know yet. Neither do you
Yea when moon?
Man that music 🎵🎶 is nice it'll be a great addition to all UA-cam and other platform pages
Thank You for sharing all of your homework. Got my shovel I will continue to dig up this rabbit hole. Again....Thank You 🙂
Hahaha just kidding but what if it was a mole hill....funny. Either way we're going to getting deep into it.
As a meticulous engineer I have to say that i really respect u for the "digging"
Awesome digging.. thank you for sharing
Keep up the digging , your offered information are valuable. !
You need to do more close outs with the Bearable Bull voice!!!!
Hahaha I definitely try to encourage that people go and dig....and you Lewis have taken up the torch and made us and me so proud in our small but mighty community+ You are going to be one of the GOATS in the space mentioned by all! I couldnt think of toi many others to take the HDAO torch and run full steam ahead outside of you and ISO Goat....you guys keep up that hard work!! You are doing a stupendous job....and just because I did it before it doesnt mean that your perspective isnt extremely valuable!
I’m a college student, 23 years old. I really appreciate how you break things down. I’ve watched every video and I truly feel as though I have something that will be worth more than anything I’m learning in school right now. You are putting me ahead by light years.
School will not teach you to be an entrepreneur, it will indoctrinate you into becoming a minion.
Oh my God I'm really excited 😊 bro bring more news like this 🙌 thank 😊 you very much
Brother your video won’t play on my laptop , had to watch this on my phone weird!!!!!?? You speak the truth!!!
I love your channel I absolutely love the way you explain things
To the moooon!!! Stay Blessed!!!
Great Info , I knew about project Dunbar and R3 but didn’t know quite how they were all connected. So thanks for the clarification. Very useful.
That is from 2018. R3 has parted ways with Ripple and are using DASL and XDC. That info is old (pre-lawsuit). My biggest bag is XRP, but please look for info AFTER 2019.
Dasl is a bridge so would of course use XDC. Settlement still with XRP
@@LewisWJackson Thanks for the clarification! I hold significant bags of both, and want to see either, or both do well. Thank you again for the CRAZY good videos….
An example ?The controllers have the money and the time to do what the hell they want!
Joined your discord, there’s no chat channels showing? Is that right?
why am i seeing that the bridge btween xrp an r3 in not longer aviable, and the XDC coin is being used instead
I’m so confused, you’re referring to press statements of 5 years ago….?! Things have changed now. Look at FedNow for example not using XRP as a bridge currency.
Tʜᴀɴᴋꜱ Fᴏʀ Wᴀᴄᴛʜɪɴɢ...
Sᴇɴᴅ ᴀ Dɪʀᴇᴄᴛ Tᴇxᴛ Oɴ Wʜᴀᴛꜱᴀᴀᴘ Wɪᴛʜ Tʜᴇ
Nᴜᴍʙᴇʀ Aʙᴏᴠᴇ .....✍️😊
Great video!
Even though the information may have been out there , I seem to learn more from you explaining it than I would from anyone else .
Thank you for your hard work
Quality in its finest
props for the digging
So get it all. I understand where its all heading except for one thing. Whats going to happen to all the worthless cash circulating the globe? if the USD implodes along with other currencies and a huge re-evaluation of asset backed currencies take place ( digital or otherwise) to fix the global economy, does all that paper just get turned into kindling? If so, people who hold onto cash will probably be in even worse shape since there wont be any paper trail on what they're worth
The yacht is coming 🎉🎉🎉🎉
Maybe in five years.
Good work
Are you aware that SBI Japan owns shares in both Corda and Ripple?
You should follow up on XDC being the settlement crypto of R3.
Never do I ever miss a video that you put out!! You put the puzzle pieces together for us!! Great appreciation for you and your digging!!!
Yup!
Great video. But.. thoughts on the QFS, the programability of CBDCs and whether or not XRP will be part of a good system or a bad system?
Tʜᴀɴᴋꜱ Fᴏʀ Wᴀᴄᴛʜɪɴɢ...
Sᴇɴᴅ ᴀ Dɪʀᴇᴄᴛ Tᴇxᴛ Oɴ Wʜᴀᴛꜱᴀᴀᴘ Wɪᴛʜ Tʜᴇ
Nᴜᴍʙᴇʀ Aʙᴏᴠᴇ .....✍️✍️
*Let’s discuss* 👆👆
How the hell do you get your coins out of Bitget it’s driving me crazy
Don’t forget R3 uses XDC also
Thank you thank you thank you Lewis
Thanks for sharing. Love your content
Great video I love it, you have explained it so well that it made me want to comment, like end subscribe ;), you are not yelling or manking creazy speculations like so many other crypto youtubers, and I now have a cleare understanding to go and do my own research.
Although I agree with you summation of the CBDC’s aspect of using the XRP …….but there is an alternative use of the xrp and that is the QFS….. The Quantum Financial Ststem NESARA/GESARA using the ISO20022 assets…. XRP, XLM, CDC, ALGO et etc…. the CBDC is part of the WEF
@11,11,2022 and 1:11 CT.....
CHICAGO IS WATCHING
GRAND RISING COSMIC STAR'S ⭐
No digging needed here, I got you bro. your pretty good my man.
Great video 🙏 you need a holiday!
We want to know about the pentagon XRP files !!!!!
I want your theme music! Could you please forward that to us? My wife and I love it!
I hope you're right Brother!
Most definitely!! We must dig for the gold!!
Stanley Yelnats - Brilliant! Keep up the good work!
Hungarian Central Bank also joined to Project Dunbar, - and Hungary is part of the EU 😎🙌🏻
great work Lew!
Looking forward to this. Hopefully Lewis can provide some clarity as to what's going on. He takes 0bs and doesn't talk about fud which I rate him for
your research isn't quite right even though I really appreciate your content. R3 chose xdc as payment token. The r3 /rippek report is from 2018. There is a new report from 2021 where corda network chose xdc as paid token.
R3 XDC
Great, great job
I do respect your conviction.
These projects are being created on an OPEN SOURCE platform...dig in my friend. You are spot on. These x assets man.
Lewis you are the best
GOD BLESS
OUR TIME IS NOW
Always ready for good info.
good man.
Keep diggin brother. Thanks Much ...
Great video, I appreciate you sharing not only what you've learned, but also how important the process is for us to take on as well. The next 1-8 months are going to be really exciting!
Agreed, wait till they start issuing debt on XRP. The price is going to explode, and fast.
Posted on the BIS website,... march 2022.......... "Project Dunbar explores how a common platform for multiple central bank digital currencies (multi-CBDCs) could enable cheaper, faster and safer cross-border payments. It identified challenges of implementing a multi-CBDC platform shared across central banks and proposed practical design approaches to address them. These design approaches were validated through the successful development of technical prototypes on Corda and Partior, proving that the concept of multi-CBDCs was technically viable."
Thanks for sharing your journey. I’m a stay at home mom water color painting with next gen while listening to your research!
salmon hoodie?
your research isn't quite right even though I really appreciate your content. R3 chose xdc as payment token. The report is from 2018. There is a report from 2021 where corda network chose xdc as paid token.
Great work mate love it
XRP TO THE FUCKING MOON 🧑🚀🚀🌑
Lewis why has xrp so low atm?will it drop further? Thanks for the vids
To make you sell
Fiji 🇫🇯 is watching 👍🏻
Lewis - the BitGet link is not working - it takes me to BitGet but has an error message "something went wrong"
Here’s some food for thought: DUNBAR is the town in Scotland where John muir was born and low and behold he moved to America and was one of the leading advocates for national parks. Now if you look at the Californian gold rush it was the serria Nevada mountain ranges that were the source of wealth that kick started the American economy in fact California has an economy bigger than some countries, but John muir was instrumental in making certain this range and others across America became national parks.
I’m sure our American cousins can vouch that certain parts of national parks are off limits to normal people like ourselves so what if large gold reserves are being kept back to kickstart the great reset.
Also the rothchilds if my information is correct came out of the gold markets late 90s 2000s to start the bank if international settlements, by the way they were notoriously known for manipulating the gold prices before there so called departure to settlements. I’m not being a conspiracy nut but it kind of makes sense they do like to hide it all in plain sight.
Am I getting it correct, that ripple technology and XRP are all endorsing centralized systems? :(
Dude if your up and coming new upload regards to wef being good or bad, there's one answer to that hope you have the right one!...
Mate, I’m not sure people will accept CBDC’s in the end and I’m not sure big governments and central banks will exist in the capacity they do currently. If they do, we won’t have need for the commercial banks. The central banks via their CBDC’s will control everything. That said a form of international settlement must be available. So the model is right, but I pray the assumptions are wrong.
When go live then?
Riverside Ca. Is watching
Not good area I lived in Rialto ca
From the woodlands Texas here
Tampa Florida here left southern California a month ago. Got sick of the politics
Ripple tech and XRP is not the same thing. XRP is a product of Ripple. Ripple tech can collab with CBDC and offer their technology to be used in CBDC but that doesnot mean they are going to use XRP.
What about xdc and corda my friend?
Didn't they announce in 2019 they will not be using xrp but xdc instead Lewis?
Then why are they keeping it secret... why?
Tʜᴀɴᴋꜱ Fᴏʀ Wᴀᴄᴛʜɪɴɢ...
Sᴇɴᴅ ᴀ Dɪʀᴇᴄᴛ Tᴇxᴛ Oɴ Wʜᴀᴛꜱᴀᴀᴘ Wɪᴛʜ Tʜᴇ
Nᴜᴍʙᴇʀ Aʙᴏᴠᴇ .....✍️✍️
This document was in 2018 alot may of changed since the court case!
XRP loaded, ready for moon
Is there a way to invest in R3 Corda? Do they own Ripple in any way?
R3 & Ripple had a bit of a falling out several years ago, as part of the settlement they were allotted a few billion XRP (i think it was 9 bill) i think all is good between them now.
I get stoned from the intro
Wow Lewis your kicking goals here bro 👏 your presentations are brilliant, clear and concise. Thanks for explaining and breaking down the jibberish from BIS into understandable language
How to buy into R3 stock?
10million XRP on the way!
Lol no
since 2021 XDC(xinfin) is the choosen settlement token on Corda
but the price still remains low?
Tʜᴀɴᴋꜱ Fᴏʀ Wᴀᴄᴛʜɪɴɢ...
Sᴇɴᴅ ᴀ Dɪʀᴇᴄᴛ Tᴇxᴛ Oɴ Wʜᴀᴛꜱᴀᴀᴘ Wɪᴛʜ Tʜᴇ
Nᴜᴍʙᴇʀ Aʙᴏᴠᴇ .....✍️✍️
*Let’s discuss* 👆👆
As always another superb, informative video! So bullish about XRP’s future and all its holders!💰💰💰💰
"While XRP token is native to the XRP Ledger, you can actually use any currency to transact on the platform"
Yes but XRP can move them faster
cbdc wallets are being built. the xrpl dex is perfect
the best🎉🎉
High voltage ⚡ content.. fastens your seatbelts before turning this video on 🔥🔥
To the best of my knowledge, r3 Corda uses XinFin's XDC. Any pre-lawsuit documentation may be out of date.
Any proof of this?