"they Lied to Us All! "xrp News Today" the Brutal Xrp Attack Just Got Exposed"

Welcome back to the show, ladies and gentlemen, check out these headlines right here. We got the latest on the Clarity Act and we've got an endorsement for it to move forward. The odds of Clarity Act passing have gone up. We've got all of that for you. You're gonna want every single bit of it. And watch out, there's some black rock fud out here about buying alt coins like XRP. Trumor or rumor, we're gonna break that for you today. And Ethereum Foundation getting an upgrade, ladies and gentlemen. But so are the attacks on XRP. We got that and so much more. Somebody roll that beautiful intro. Digital Perspectives with Brad Kimes. Come on in. Welcome back to the show, ladies and gentlemen. Let me get this opened up right here. There you have it. If you hold XRP or XLM or other digital assets, you need to understand how big this crack really is. For months, one wall blocked the Clarity Act. Law enforcement opposition to it. And then we had gotten NOBLE, which is the National Organization of Black Law Enforcement Executives. And that was a huge endorsement from law enforcement. Then it stepped up again just a day before the holiday. The major county sheriffs of America, the MCSA has shifted to a neutral position on the Clarity Act after it describes, after what it describes as a continued discussions in recent days regarding parts of Section 604, aka Blockchain Regulatory Certainty Act. So in the letter, Senate banking leaders and MC sheriffs say that based on its continued review of the bill, there remains an opportunity to further strengthen the legislation in ways that support responsible innovation and the practical needs of state and local law enforcement. Now, these endorsements were not there. And now that they are, this has created a lot of momentum. Remember, the draft was going out to everyone over the holiday for one last look. And when they come back on July 13th, they're moving forward. That's the news that we've gotten, ladies and gentlemen. And they are planning to move forward after they share that text, which is going around now. Bloomberg Intelligence tells us that the odds of the Clarity Act passing this month have gone up to 60% now and dipped a low 40% right before the holiday. So this is another exciting piece of news. Now this is BlackRock stepping in to save XRP, Solana, BNB and market crash deepens. Expert reveals likely scenarios. Guess what? I looked everywhere. This is just, it's a rumor. It's not a true rumor. I do believe we're gonna see BlackRock get involved in altcoins with utility like XRP and it'll be very deep, but this is not accurate news. So if you're seeing it, there is nothing to save about the altcoin market. In fact, we have shown the evidence for everyone who doesn't know or hasn't seen the videos that wallet holders that have more than 1 million XRP tokens now control 74.1% of the entire XRP circulating supply. Think of that for a moment. So that's quite a remarkable statement. So in this down market, it's quite likely that the whales have actually been accumulating and that could be BlackRock as well, but it's not to save anything. It's because of the utility that's gonna be needed in a new digital on-chain economy. Speaking of the new digital on-chain economy and the questions of what needs to happen to make sure everyone's prepared for it, Vitalik just unveiled Ethereum's three-year transformational plan and it is called Lean Ethereum, a multi-year roadmap to fundamentally overhaul Ethereum with native Stark verification, quantum resistant cryptography, higher gas limits, and over 10 times lower transaction costs for certain applications. The roadmap marks Ethereum's most ambitious overhaul since the merge with upgrades rolling out over the next three to four years. Now, with that comes, now he's the head of the Ethereum Foundation right now, right? So then they put this out. They put out this scathing report just beating up anything that wasn't Ethereum. Ripple is highlighted in this document and you can see executive summary here. This document here, basics for governments and institutions. And this is all set up to make Ethereum look like just the best thing in the whole wide world, right? As you can imagine, Ethereum basics for governments and institutions, right? But nonetheless, let's get right here where it is with Ripple. And they start here with Ripple. By contrast, 92% of Solana validators rely on a single client. And then it says BNB, Smart Chain, Tron, Canton, and Ripple have no client diversity at all. When we all clearly understand that we are waiting, that, you know, Ripple and XRP are designed to work within a legally compliant system. So there's a lot of things that you could say about Ripple, RippleNet, XRP, the ledger, that would look really bad, right? And that's exactly what they try to do through this, right? So again, highlighting contrast here, it's the largest developer network on Ethereum, as opposed to Ripple having only 272 developers. Well, that's why I would remind you of what Matt Hamilton clearly highlighted here years ago in 2023, when he said, ironically, one of the things that discouraged a lot of developers working with the XRP ledger was that it was boring. It just works. Half of the development of Ethereum and Solana is fixing things that were never broken on the XRP ledger in the first place. Or said another way by Matt Hamilton, former Ripple developer. I think several reasons. The XRP ledger does what it does very, very well. So there's little need for developers to fix it. Contrast that with Ethereum and Bitcoin, in which the majority of the builders are building scaling solutions and DEXs, et cetera. In other words, the reason that there's so many people building on the Ethereum ledger and network is because it's so difficult to build on. That's why if it was so easy to build on, these developers would have built it and went somewhere else already. That's what we're really talking about here. And obviously it goes on and on to highlight different things in here, different aspects. There's not a lot being done in as far as total value locked up on the XRP ledger. Well, of course there isn't because we're waiting for compliance and legislation before we get really deep in that department, right? After all, we did go through a four or five year lawsuit with the SEC, right? Imagine the field day they would have had. This is the kind of stuff that I'm talking about, ladies and gentlemen. This is why I highlight this stuff. Look, just going on, it has Ripple scattered throughout here, comparing it, you know, all these different areas of where it's going. For instance, XRP ledger depends on Ripple for core development. Not true. We all understand it's a decentralized network, right? It's really wrong of them to put this in here that way, but it doesn't stop. It doesn't stop them. We know how that they work, right? They're having problems. And matter of fact, I'm gonna give you proof of that directly from Joseph Lubin and Vitalik Buterin himself, right? Just give me a second here, right? Talking about only having a single client, all these types of things, really trying to put it in a bad light, just like all the other chains, right? Moving through the material, you can see independent software clients per network. Like it doesn't show. Obviously what we're doing is waiting to get things done. We were sued while Ethereum had the luxury of a free pass. That's the difference. But they didn't highlight that anywhere in here. So it goes on and on and on, shows you all of these things as we know, right? But the truth is, here's the truth. You wanna know what the truth is about Ethereum? Well, why don't you let the creator, Vitalik Buterin, and then Joseph Lubin tell you exactly what the truth is about Ethereum? And is there going to be a fork? Is there- No, there won't be a fork. People can keep their original Ethereum? There will be two parallel systems and a fairly smooth migration as planned from Ethereum 1 into Ethereum 2. And at a higher, more conceptual level, Ethereum 1, you could think of as a prototype. It was an impossible project that got built and we needed to put out something that we knew wouldn't be scalable. I'm not done with you yet. That's Joseph Lubin running his big mouth. Hold on. Let's get it here. I mean, you heard what he said. It's not scalable. That's what it- It's his words. It's not my words. They're his words. Well, listen again. Oh, genius. The professor's not done educating everybody. The actual pure technology. We needed to build a trust foundation and figure out what we could build on top of that. It turns out we can build a financial plumbing layer. You're saying that the concept of launching something that doesn't scale and then rebuilding it as something scalable was in the initial plans. Yeah, we knew it wasn't going to be scalable for sure. But now we've been able to- We knew it wasn't going to be scalable for sure. But here it is. We understand. What do we understand here? I'll tell you what we understand is that Vitalik is still trying to build and scale it. And they just told you back in 2019 that it doesn't scale. Oh, stay with me. Let's talk about something that does scale. Yeah, it's Ripple XRP Ledger, right? And this here is another document, ladies and gentlemen, uncovered. Here it is. This came out just June, less than a month ago. And what are they highlighting? The beautiful merger and acquisition position that Ripple has put themselves in with G Treasury and, yes, Hidden Road. That's what this document is really all about. It's really highlighting the beautiful integration of these acquisitions of these traditional financial firms and how that is going to technically put us right side by side with digital stable coins and XRP itself on Ledger. And these merger acquisitions into the traditional financial world are absolutely key to unlocking the strategy that Ripple has set in motion here. So that's what we're talking about. Or how about this? You remember Ripple Treasury? You know, G Treasury, Ripple bought them, rebranded to Ripple Treasury. How about talking about the collaboration with Goldman Sachs? How about that? Yeah. Goldman Sachs. You see it? It's right there, right? It's right there. You know, or how about this diagram? Let me scoot it over for you. There it is. Ripple Treasury, Goldman Sachs, with my stupid head right in the middle of it. You know, this is a real thing that's happening. Ripple Treasury, Ripple Prime, right? I mean, these are real things, the DTCC. Meanwhile, we're being attacked by Ethereum Foundation and they're building something that they confessed years ago is inscalable. That's what they're telling you? I'm looking in here. The soft launch of the DTCC doesn't involve Ethereum anywhere. And when they tokenize 114 trillion in four months, there's no sign of Ethereum anywhere. But Ripple's right there highlighted on the screen. Isn't that interesting? But yet we're being attacked and we're connected to the DTCC through Ripple Prime, right? We're being attacked. Yet we are connected to SWIFT and the FedNow system through G Treasury, Ripple Treasury now. Here it is. FedNow, Clear Connect, Gateway for Ripple Treasury. Here we are, Ripple Treasury, SWIFT certified partner. See, we're not guessing about any of this. Oh boy. While the XRP attacks ramp up, you've got the truth today. Because I got the founders of Ethereum between Vitalik and Joseph Lubin to give you the truth while they continue to attack us. Ethereum isn't designed to scale. There it is. Not financial advice to me or anyone else, ladies and gentlemen. Look, I tell you, when I think about where we are right now and the fact that coming back to the highlight that the Clarity Act odds are going up and up and up. We've got the endorsement from law enforcement. We need to get past the ethics violation thing they wanna do, which by the way, I had a great conversation with my buddy, Sean. Shout out to Sean. And we both agree like with the Epstein files, the way that the administration kind of used the Epstein files to ignite the left into wanting that stuff released. And then we got it released, right? Now we haven't seen anybody going to jail pretty much. We've seen a handful, but not the amount of people that we should see, right? But nonetheless, maybe the same thing's happening here, Sean and I talked about, right? Maybe the same thing's happening in regards to what we're seeing with the ethics violation. If they create these ethics violations where no political official or their family members can participate in stocks or crypto or anything else, that's just a good thing. That's just a good thing. Cause going forward, nobody should be able to participate directly in something they have a hand that they're going to legislate in, right? So that's where we are on this day. Not financial advice for me or anyone else. Clarity Act's got a real endorsement, ladies and gentlemen, and it's moving forward as soon as they come back from recess. Again, not financial advice for me or anyone else. I'll catch all of you on the next one.