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<v Speaker 1>We are here at the XRP Las Vegas event, and

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<v Speaker 1>we are closing it out on the second day, and

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<v Speaker 1>we're gonna close it out with the one and only

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<v Speaker 1>Jesse from EPEX Crypto Consulting.

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<v Speaker 2>How are you, my man?

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<v Speaker 3>Far through?

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<v Speaker 2>Nice?

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<v Speaker 3>Paul, I'm doing awesome. It's so nice to be here

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<v Speaker 3>with you.

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<v Speaker 2>A lot happened at this event.

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<v Speaker 1>You listened to Brad garling House, you listen to David Schwartz,

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<v Speaker 1>you saw Jack McDonald on stage. You've got all of

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<v Speaker 1>the Ripple basically royalty here.

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<v Speaker 2>In one building.

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<v Speaker 1>And then you look at all of the rest of

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<v Speaker 1>the industry now starting to coalesce around XRP.

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<v Speaker 2>We had Salon on stage. What do you make of this? Man?

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<v Speaker 2>Are we in the matrix now? What's going on?

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<v Speaker 3>Pretty much? Pretty much? Paul, Like I always say, I

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<v Speaker 3>think this has been playing for a very long time, Paul,

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<v Speaker 3>ripple is coming from the highest of the high. You

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<v Speaker 3>know this is coming from the central banking system. They're

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<v Speaker 3>they're trying to fix the liquidity crisis, sure right, and

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<v Speaker 3>this is more for This is more for the central banks,

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<v Speaker 3>for for the powers that be.

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<v Speaker 1>Do you feel that the the potential now of seeing

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<v Speaker 1>the activity where XRP on Solana okay exit an announcement

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<v Speaker 1>here now a major liquidity pool for r l U

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<v Speaker 1>s D. This is going to open up I think

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<v Speaker 1>adoption as well as distribution. Do you think these are

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<v Speaker 1>the kind of things that really starts to propel the

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<v Speaker 1>use case for XRP via what could happen in the

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<v Speaker 1>XRP ledger.

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<v Speaker 2>What's your thought?

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<v Speaker 3>Yeah, like, I think we're we're starting to see that.

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<v Speaker 3>You know, that integration is starting to mature. They're integrating

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<v Speaker 3>it in so many they can right now, yesterday the

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<v Speaker 3>partnership announced with Zebec yep, you know it's it's My

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<v Speaker 3>understanding is that the goal for XRP, which has been

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<v Speaker 3>planning for over thirty years, is the more they can

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<v Speaker 3>integrate it into everything, the more they make it liquid,

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<v Speaker 3>the more liquidity, the more use cases. Just integrate it

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<v Speaker 3>into everything, which is actually what was said in the

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<v Speaker 3>Rising Phoenix article in nineteen eighty nine. They say, we're

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<v Speaker 3>going to create a new world currency, and we're going

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<v Speaker 3>to make it successful within thirty years, and we're going

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<v Speaker 3>to relatelessly integrate it into everything. That's how we're going

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<v Speaker 3>to make it liquid. To help with global liquity. So

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<v Speaker 3>I kind of see that happening now, and.

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<v Speaker 1>You look at the power that this community has right now,

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<v Speaker 1>which even Debu said this on stage, and it's one

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<v Speaker 1>of the most powerful communities on the entire Internet. And

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<v Speaker 1>I think when you consider that along with the strategic

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<v Speaker 1>implementation of acquisitions. I asked Jack McDonald straight up, I'm like, Okay,

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<v Speaker 1>what are we missing? You did, so my question is

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<v Speaker 1>what are we missing?

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<v Speaker 3>I don't know if we're missing much, Paul, to be honest.

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<v Speaker 1>You so you think Ripple is set ready to go

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<v Speaker 1>turn this on when clarity comes through Ripple banks or

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<v Speaker 1>excuse me, central banks as well as traditional banks start

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<v Speaker 1>to lock in thirteen thousand different bank integrations plan.

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<v Speaker 3>What do you think. I think they have a lot

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<v Speaker 3>more than what they say. I know they've been connecting

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<v Speaker 3>banks to Ripple on it now for eight years. The

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<v Speaker 3>only two three four banks per week sometimes Yeah, I

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<v Speaker 3>know the DTCC is going to use XRP for Crossbord

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<v Speaker 3>across Asset. I proved that in my Deep Dives Swift.

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<v Speaker 3>Swift has always been working with Ripple. In my opinion,

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<v Speaker 3>I've shown clearly that you know, there's eleven thousand banks there,

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<v Speaker 3>Swift can use third parties. The third parties connect the ripples,

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<v Speaker 3>so they don't even have to connect directly. They use

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<v Speaker 3>third party apps like cls and all these. So I

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<v Speaker 3>think there's many, many integrations. I don't know if it's

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<v Speaker 3>just a matter of just flipping some corridors, flipping some

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<v Speaker 3>switch switches a bit, but I think they're they have

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<v Speaker 3>ninety five percent. You know, I'm not saying they can

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<v Speaker 3>just the whole volume goes in tomorrow, but I think

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<v Speaker 3>they're way more ready.

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<v Speaker 1>They tell us the roadmap is in place, it's just

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<v Speaker 1>a matter of, you know, how long does it take

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<v Speaker 1>the integrations to really take place beyond that? You know,

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<v Speaker 1>we've talked a lot about where the real pivot will

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<v Speaker 1>be around Swift, but also the central banks. So Swift

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<v Speaker 1>of course looks as though they're weakening in the sense

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<v Speaker 1>of being able to do anything. They already have a

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<v Speaker 1>settlement layer problem, which is clearly evident. Do you think

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<v Speaker 1>Ripple gets more than what Brad thinks they're gonna get.

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<v Speaker 1>He's claimed fifteen percent or so.

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<v Speaker 2>How much do you think?

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<v Speaker 3>Yeah, how would I word that? I don't I don't think.

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<v Speaker 3>I don't think Brad was saying the full truth there,

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<v Speaker 3>all right, I'll say that way.

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<v Speaker 2>Yeah he was being political.

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<v Speaker 3>Yeah he's not. I don't think he was seeing the

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<v Speaker 3>full truth.

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<v Speaker 1>So you feel like the market potential there is much greater.

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<v Speaker 3>For within five years. Like, No, it's to me because

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<v Speaker 3>because if you look at the ISO two zero zero

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<v Speaker 3>two two standard, which is Swiss standard, Ripple and Stellar

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<v Speaker 3>are the only Blochain company and the governing's body of

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<v Speaker 3>the ISO, which is a Swift standard, which started in

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<v Speaker 3>two thousand and four. So how can how can Ripple

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<v Speaker 3>and Swift be competitors when Ripple is literally helping guide

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<v Speaker 3>the standard which is a Swift standard, all right? Because

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<v Speaker 3>you need the ISO two zero zero two two to like,

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<v Speaker 3>because Ripple can't be successful without the ISO. So ISO

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<v Speaker 3>two zero zero two two because if you settle a

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<v Speaker 3>transaction instantly, you need to know where is where did

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<v Speaker 3>the payment come from, who's a stander, who's the recipient,

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<v Speaker 3>where did they live? What's there? All that stuff, right,

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<v Speaker 3>and this is what ISO does. That's why you start

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<v Speaker 3>seeing Ripple being mentioned in two thousand and four by

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<v Speaker 3>Ryan Fugger two thousand and four, Ripple pay all these

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<v Speaker 3>things at the same time. They're starting the ISO because

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<v Speaker 3>you need they needed to. This's been planned for years past. Yeah,

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<v Speaker 3>that's why I don't see Swift and Ripple that competition.

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<v Speaker 3>I always felt that that was just theater.

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<v Speaker 1>Interesting theater of the mind when it comes to that.

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<v Speaker 1>All right, So when you when you look at the

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<v Speaker 1>critical components right now of the FED and really what's

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<v Speaker 1>happening with Kevin Warshby just appointed here in the US,

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<v Speaker 1>most likely we might get a rake cut. Many people

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<v Speaker 1>are pointing to We're not gonna get a rake cut.

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<v Speaker 1>Does any of this really matter for where Ripple is

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<v Speaker 1>heading and especially the XRP price.

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<v Speaker 3>I don't think so. I mean, I think if they

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<v Speaker 3>lower interest rates obviously and start assummating the economy, I mean,

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<v Speaker 3>get liquidity going from the central banking, treasury stuff that

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<v Speaker 3>that will help in general just the overall market. But

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<v Speaker 3>I think Ripple, I think the utility of the XRP, Lager,

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<v Speaker 3>Ripple Net, Multi Hop, Patway Finding, all their integrations, you know,

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<v Speaker 3>it's too strong. Yeah.

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<v Speaker 1>Well, and to your point, I think the possibilities are

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<v Speaker 1>so great there to really kind of reset it. The

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<v Speaker 1>Senate just went through this week. I have pretty much

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<v Speaker 1>left the hen House door open. I don't know if

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<v Speaker 1>you saw this, but they've opened it up the opportunity

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<v Speaker 1>to where the FED could do still a CBDC, so

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<v Speaker 1>it hasn't been banned yet. Now they've opened this up.

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<v Speaker 1>This is most recent legislation that's being proposed. So if

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<v Speaker 1>that were to happen and you get the US FED

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<v Speaker 1>going aggressive, let's say in a few more years when

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<v Speaker 1>it's not a friendly FED, as Warsh goes in, who

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<v Speaker 1>knows what will happen after Kevin worsh If if in

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<v Speaker 1>fact there is or maybe.

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<v Speaker 2>Worsh himself, do you think there's.

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<v Speaker 1>A chance of a CBDC coming out?

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<v Speaker 3>They could. I think the only reason that they weren't

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<v Speaker 3>doing the CBC is because Trump was so much against it.

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<v Speaker 3>So if Trump's no longer president, we could likely see

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<v Speaker 3>a CBC.

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<v Speaker 2>So you feel if FED could make it happen.

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<v Speaker 3>Yeah, if it's not the Trump administration in power, I

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<v Speaker 3>think it's going to be obviously, You.

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<v Speaker 1>Man, that's a that's a dystopian future, Jesse. I don't

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<v Speaker 1>want to be thinking about.

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<v Speaker 2>That, man.

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<v Speaker 1>Sorry, man, Sorry, Paul, I hate it when you bring

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<v Speaker 1>the truth.

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<v Speaker 3>Could think you're still but I see I see, Yeah,

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<v Speaker 3>I see it like the Trump administration versus.

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<v Speaker 1>Versus What are the things that you're most worried about

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<v Speaker 1>right now in the in the XRP ecosystem.

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<v Speaker 3>It's just I don't know if I have a worry.

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<v Speaker 3>It is just that I kind of feel like the

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<v Speaker 3>prices might have been suppressed for a while. Like explain,

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<v Speaker 3>I don't understand how in two thousand and seven, twenty eighteen,

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<v Speaker 3>the price hits over three dollars with almost no integration. Yeah,

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<v Speaker 3>and now we're still at a dollar like seven eight

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<v Speaker 3>years later, with all of these partnerships, all of these integrations,

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<v Speaker 3>all of these acquisitions. Something doesn't make sense to me,

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<v Speaker 3>because in twenty seventeen, what.

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<v Speaker 2>Do you think it is?

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<v Speaker 3>Well, I don't know if they're suppressing the price or

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<v Speaker 3>is just because they haven't flicked the switch on the corridors,

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<v Speaker 3>like because because they're building the CBDCs.

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<v Speaker 1>Are you claiming there's there's bad actors in play? Or

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<v Speaker 1>are you claiming now this is a strategic.

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<v Speaker 3>Yeah, it could be just strategic, or maybe they need

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<v Speaker 3>to put everything in place first before they start lighting

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<v Speaker 3>up corridors to help get the liquidity in. Gotcha, where

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<v Speaker 3>are you going because he's.

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<v Speaker 1>So really for you, it's it's just a matter of

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<v Speaker 1>roadmap execution. Market starts to react at that point. Hopefully

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<v Speaker 1>all the key plays are in place, which is a

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<v Speaker 1>friendly fed, possible rate cut, and maybe a clarity act

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<v Speaker 1>that gets through.

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<v Speaker 3>Yeah, And I don't even know if they need all

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<v Speaker 3>those things. And the other thing too that that's why

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<v Speaker 3>I can never give an answer on that or a

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<v Speaker 3>very strong opinion is because I don't even know, like,

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<v Speaker 3>are they using gigs ARP lager? Are they gonna pay

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<v Speaker 3>GISRP to gold? Maybe because they're talking about, you know,

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<v Speaker 3>a new Brighton Woods, a digital Brighton Woods, Brighton Wood's three.

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<v Speaker 3>The original Brighton Woods was a global reserve currency backed

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<v Speaker 3>by gold. It was backed by something. And Judy Sheldon

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<v Speaker 3>also she's a big proponent of gold. They actually talking

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<v Speaker 3>about distributed lager. So I don't even know, like, is

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<v Speaker 3>it not even you know, flicking switches. Is it just

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<v Speaker 3>like they paget the goal somehow, or all the nations

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<v Speaker 3>or bis or you know, you've got.

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<v Speaker 1>Nation states that collecting gold at at one of the

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<v Speaker 1>most alarming rates that we've seen.

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<v Speaker 2>So that's gonna be interesting how this plays out. Listen.

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<v Speaker 1>We're gonna get into more on our next podcast for sure.

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<v Speaker 1>We're wrapping up here at the XRP Las Vegas event.

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<v Speaker 1>So Jesse, thanks for coming into.

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<v Speaker 3>Thank you so much, Paul, It's always an honorview on

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<v Speaker 3>your show.

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<v Speaker 2>You bet all right. You guys know what to do.

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<v Speaker 2>Make sure and like and subscribe.

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<v Speaker 1>If you're not following Jesse out there, where can they

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<v Speaker 1>find you?

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<v Speaker 3>Right now? Apexcrypto Insights on.

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<v Speaker 2>YouTube perfect and you guys know what to do, like, subscribe.

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<v Speaker 2>We'll see you next time right here on the XRP pod.

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<v Speaker 2>Take care

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<v Speaker 3>To