Most People Do Not Understand XRP... This One Analogy Changes EVERYTHING.

Hey, it's Kamilah Stevenson, and around here we talk wealth. What's going on, family? What's happening, Pitbull? I see you, you opened up your Roth IRA with iTrust Capital. Let's go! Smart Money is also, uh, paying attention to structure. Structure, it matters. What's going on? All right, excited for another update. I see you, uh, JK. Yes, and yes, I— Dwayne, yeah, I was here Saturday just talking a little bit about uh, the, the crisis with gambling. All right, as a lot of young people that are gambling, unfortunately. What's up, Brian? I'm, I'm actually going to, uh, I'm going to talk about something that I thought was very important to be able to discuss. Uh, I found myself talking to my daughter because it is difficult sometimes for people to understand the difference between XRP and XRPL. So what's up, Purple Rain? I'm going to talk about that. Like the video, uh, subscribe if you have not already, share it with someone who needs to hear. And you know, I put out a video a couple of days ago. What's up, guys? Um, am I live? I am live. I am live. This is, this is me live. Um, so somebody was asking, was I live? And I guess some people get confused because a lot of people do the live broadcast but they're not live, right? So Uh, every time I go live, um, it's me. I go live 4 times a week. And, um, yeah, so, and that's what I've been doing. And what's up? Um, so I did a video on how a lot of people were calling XRP a scam. And it's so interesting because anybody who argued, um, against XRP being legitimate, or, you know, saying basically it's a scam, was reminding me of that, you know, certain things like Oh, you know, remember, you know, this is, uh, they're holding you back. You guys are never gonna, you know, um, make it with XRP. And look at how many people got, you know, rich off of Bitcoin. Uh, only, I don't know, 130,000 or some kind of number. And I'm like, guess what? You're proving my point. Why are we, why are we talking about XRP is, is not going to do well because of the price, right? Uh, it's been around 10 years and look at the price. And comparing it to Bitcoin, you can't compare our XRP to Bitcoin in that time span because XRP was going through the battleground some of that time. It was delisted off of the exchanges. Institutions are not going to put their money into something that they were unsure of. They're going through a court case, they're, you know, being sued and, and delisted. So, you know, I, I explained to the young guy, I think it was a guy I don't like to even say guy, girl, I don't know all the time from the names. But I say you're proving my point because you're saying that the reason people— a lot of people didn't get rich off of Bitcoin, well, why is that? They weren't exposed to it. A lot of people not exposed to XRP, they thought it was a scam. A lot of people think XRP is a scam. They thought it wouldn't go to high prices. Uh-oh, but it did. And a lot of people didn't think it would, and so they missed out. Same thing that's gonna happen with XRP. Thank you for proving my point. All Okay, so, so, uh, yeah, a lot of people will not also get wealthy off of XRP, just like a lot of people didn't get wealthy off of Bitcoin because they sure didn't see it going above a certain point. All right, um, so, uh, Simrish said, I think in 5 years it'll be $50. Yeah, I mean, that's, um, that's a, uh, that's one of the price points that AI gave. You know, in 5 years was, I think, was it 30 to 50? And, you know, I'm, I'm gonna just— I'm gonna reroute what I was gonna talk about a little bit. I think first I'm gonna— I am gonna help you to understand the difference between XRP and XRPL, but I think I want to let— allow people to understand, because we always— we keep looking at these price points, and I need people to understand what makes XRP succeed. Now I did give you a video on how AI, you know, came up with the price points of XRP, and they were some if-then situations, which is the case, right? But I think at the end of the day, we just need to have patience, have a long time horizon. And, you know, if there is a full— if there's full institutional adoption, we know what that looks like. But we got to have these things play out. A lot of people are questioning whether whether or not Clarity Act gets done and what does that mean for XRP. And so I want to say something about that. I think I was going to go a different direction, but I think I want to go in that direction. Thank you so much for the Super Chat, Dr. Stevenson. Someone emailed me as you on my Gmail. Nope, had your photo. And all viewers beware. Yeah, deepfakes out there. Thank you so much for that. Um, first of all, thank you for the Super Chat, um, with investing, just to even make sure that this gets out. Please watch all the scammers. Uh, I do have a fake page called Prime Kamilah Stevenson. It's a fake page. This is my only channel, uh, that I post on currently. You know, I know some people have two different channels, and if any other channel, they are using my videos, but then they're using fake links and they're just scammers. So do not trust anybody that's emailing you from a weird, um, email or anything like that. Uh, so yeah, I— why Goldman did that. Yeah, so don't, don't pay attention to the scammers. They, they're, they're out there acting like me. And I'm trying to look at some of the, uh, comments. Um, we wanna— we want the text. Uh, oh yeah, they, uh— so okay, so, um, people are asking about Goldman, uh, Sachs dumped all their XRP ETFs. So here's what I really kind of think about that, um, because that it doesn't matter that, you know, when people are dumping ETFs, what they're probably looking at— because you also have the largest bank in Italy that actually went in, uh, tens of millions of dollars on XRP ETFs, right, at the same token. So you have some dumping, you have some buying, right? And again, that's why I'm going to bring a little bit of clarity with this. Honestly, y'all, a lot of people are getting into cash right now. And why is that? Um, I think that has more to do with a possibility of the stock market. Um, for example, I, I think that a lot of institutions are de-risking. Okay, I think they're de-risking and they're going into money. Not only are they, you know, like you, you guys are asking about Goldman Sachs, selling ETFs. And, you know, I don't have the full picture on this, but I can tell you what I— the part that I know, um, which is that even, you know, China and Japan are dumping bonds. You know, a lot of people were— a lot of these institutions also were dumping and then getting into gold and silver. Why? Because they don't trust the dollar. Uh, they don't trust— if you look at macroeconomics right now, why you think Warren Buffett is, is in you know, a lot of money right now, a lot of cash. Um, I heard that also— who was it? Microsoft, I think. Uh, the, the, the charity account with— who was it? Uh, who was it that just dumped all of their Microsoft, like, billion— millions and millions of dollars? A lot of people are de-risking. The market is not in alignment with reality, and y'all know it. It's that we at all-time highs, it's not in alignment with reality. And at some point, y'all, at some point— we got the Strait of Hormuz closed, oil is going up— at some point, this thing, the higher it goes, the higher it's gonna fall. That's all I can tell you. And right now, don't be surprised if you see, if you see a lot of people, um, getting into cash. They're not trying to time the— that doesn't mean that it couldn't keep going up. It's just They not trying to time the top or the bottom. They know that at some point something is coming and they want to be ready for probably another buy-in because the wealth is going to be built on the collapse, is going to be built on the chaos, it's going to be built on the crash, it's going to be built on the red, right? So I think that people are getting positioned now. I don't know what's about to happen with, you know, Warsh because he wants to lower interest rates. You know, and I, and I get what he said. He, he's saying let us deal with the, uh, monetary policies, uh, interest rates, inflation, you know, and let us not have to— like, let Congress deal with— like, if you guys keep going into debt, we shouldn't have to, you know, fix everything. Like, y'all fix the taxes and the, you know, the debt issue, and, you know, Uh, you know, the, the print— the treasuries— y'all take care of that, let us take care of this. Because if y'all keep printing money and then, you know, you get— you, you tie our hands to where we can't do anything. I know he wants to lower interest rates, but it's crazy because inflation is higher, which means you should really be hiring interest rates. So if he does lower interest rates, that's gonna make even crazy inflation. I mean, I don't even know how this is gonna work. But we'll see, you know, because, um, we may be in a situation of stagflation. We'll see. But I think what it is, is if you see a lot of people starting to get into cash, they're looking at the economy and saying something ain't right. It's not adding up. Confidence is, is low, you know, uh, debt is at all-time high, credit card debt is at all-time high, you know, uh, inflation is going— is flying away, gas prices are up, food prices are up. And if he lowers interest rates, that's gonna make things go even crazier, which could make assets go up even higher. But at some point, this artificial market is gonna fall to his knees. That's actually the term I heard someone say. It's gonna fall to his knees. So you got to understand that a lot of people will be de-risking, okay? So because, I mean, they're, they're great profits. At this point. Um, anyway, I just wanted to make sense of that, but, uh, I, I saw it earlier and I didn't get a chance to really go in and dive in and to see. But what I do know is, like I said, there are a lot of institutions that are also adding to their positions. Um, it doesn't matter when they dump ETFs, um, they still hold a position. Yeah, they're taking a loss on it because it's important. Uh, they want us, uh, they want us out so they can low. Yeah, and, um, trust me, they will do whatever they want. I mean, it'll— they want to shake us out, they do. And I think, you know, there's a lot of people who's saying, okay, it won't go any lower. I think it could, just because they want to make sure that, like, they get as many people out as possible. Now, if it don't go lower, that's fine, we, we go up. But y'all, it's, it's, it's a lot happening that is, it's kind of weird because, like I said, The markets have not, you know, the markets are pricing in good, like, good news, like it's, you know, and, and when, when they realize that no, the cracks are already there, you know, it'll catch up at some point. That's all I can say. Um, yeah, ETFs, um, is old news dump for quarter one. Yeah, that's what they do, you know, they buy, sometimes they dump, they take the loss, um, they lower their balance sheets, um, that the Fed wants to lower the balance sheets as well. Um, so could XRP overtake— ever take over Bitcoin? Could it? Yeah, it could. Um, will it? That's to be seen. You know, I have my thoughts on it. Uh, a lot of people don't think that that can happen, but you got to understand what makes XRP's, uh, price go up. And let me talk about it. Go ahead and like the video and subscribe if you have not already. Ready? Let me just say, this is not financial advice. This is only for entertainment and educational purposes. And I do want to— I want you guys to understand what, um— it's cool, say I'm out. I want you guys to understand also, say some people say I do, um, I don't think, uh, I think so. Bitcoin doesn't have— Bitcoin doesn't have the utility that XRP has, okay? That's what I can say. Now, as far as, you know, what happens in the future, as far as the, the market cap and You know, yeah, I think it could definitely because of the utility. Uh, it will take institutional adoption. A lot of people feel like, no, that will never happen. Uh, but Bitcoin cannot do what XRP can do. And you know what, sometimes it does take a long time for adoption to happen. You know, it does until it doesn't, you know what I'm saying? And so let me help you understand what Bitcoin don't have as it pertains to, um, XRP. And so, uh, James, James said, listen, uh, first of all, thanks for the Super Chat. So, and I love that you guys are chiming in on it. Uh, absolutely could overtake Bitcoin simply because there, there needs to be enough liquidity to handle the amount of transactions that the ledger needs to be able to handle. And, uh, yeah, I mean, the— look at all the, you know, with the tokenization and DTCC, the back end of the stock market, you know, the DTCC is a quadrillion dollar market on the back end, and it takes a long time for things to settle. Have y'all ever sold on the back end of stocks and your money don't settle right away? There's a lot happening. There's a plumbing on the back end of that that happens in the traditional finance system that you can't see, that's slow. And, you know, um, that you got to trust, you know, trust partners behind closed doors with the settlement and, you know, it costs, and there's a lot of friction there that could be solved. It just takes a while for people to really understand. And my daughter, I had a conversation with my daughter, and, um, you know, she was asking about XRP. I just, I just know that most people who own it, uh, who've been, or, or who've been thinking about owning it, or who've been even holding it for years, I don't think they really understand what it is or why it matters. Right, I, you know, if you, if you ask most people to explain XRP in simple language, um, and what XRP actually does and why it's valuable, most people cannot give you an answer, okay? And, and that's because sometimes the way it's explained is very technical. You start hearing language like the ledger and this, and people don't know, and then they get confused between the ledger and then XRP, and it gets kind of confusing, you know. Even though the underlying idea is genuinely very simple once you see it the right way. And that's what I'm here to help you to have clarity, because even if you do understand it, it's good that you hear the examples that I use so that maybe when somebody's asking you about it and they're like, well, why do you believe in XRP? Should I invest in it? Maybe you can walk them through it the same way. And I'm just gonna kind of tell you— thank you so much— I'm gonna kind of tell you, yeah. Yeah, someone said I use the XR. It's very fast. I use it and, you know, I'm like, I pay my workers in XRP, right? And, uh, and I'm like, you got it? And they're like, yep, just got it, you know, within seconds, you know. And I used to— and it's great being able to experience the actual utility of it because even though it's not for us, it's for institutions, because I used to pay them and it would take days for it to get there, and it would cost me a lot of money, right? And so, um, yeah, gas is real high. As soon as I left, before I even left the gas station— $6.50, by the way— I left the gas station, and before I even pulled off, I said, I'm buying some more XRP. I bought some ZBEC Network and silver. I said, I gotta buy, I gotta, I, I, you know, I, I, again, I told you guys before, um, I was laughing because I'm like, y'all gonna inflate the gas away, y'all gonna inflate, then everything gonna inflate away. So I'm gonna grab a hold to the rocket ship that's gonna inflate right with them, okay? I'll be like, you know, it's like obviously the wealthy, they, they're gonna continue to get wealthy because they're invested in the right assets. And you better be invested in deflationary assets, almost like a defense for where this market is, okay? And they gonna fly away and I'm gonna be flying right with them. I'm like, I'm— yep, I'm right here with you, I'm flying right here, okay? You want the gas to go up, I'm gonna fly. So I was laughing about that because I was talking about that and looking at $6.50 gas, and I'm like, oh God, I gotta— yeah, let me invest some more. Because that level of pain of having to pay that much should make us make different decisions, and I keep saying that, right? And so, um, uh, yeah, yeah, uh, Zelle is fast. Yes, Zelle is fast, but Zelle can't— Zelle can't transfer into a different currency. Like, you, you still— if, if I'm sending my money from— I, I can't send my money to— in Mexico with Zelle, okay? Uh, I can't send my money to your bank in Mexico without having, without having your currency, okay? So some— something still has to settle. If I send you USD, what— how you gonna get— how you gonna get your currency at the end of the day, okay? So there's still friction. There's still— there, you know, Again, what XRP does, it does well. So what I don't want you guys to think about is like, well, this, this works fast. Okay, yeah, this works fast. You can send money from bank to bank, but first of all, Zelle, every— you got to be— I, I still can't, you know, Zelle somebody in Germany, um, you know, Germany money. Like, I can't, I can't Zelle them and, and send them to USD and it automatically goes to their German money. Is it now they gotta figure out how to transfer that money over. That's, that's the whole, that's the whole problem, y'all, is that when banks internationally send banks, they have to have their money locked. They have to have that amount of money because remember, it is for institutions. So I do want to reference that, you know. So they have to have money locked up in their currency in order to send money, and that's money that's locked up. That's capital that's locked up. XRP is liquidity, is bridge. It's a bridge between liquidity where it can move. You can move from your currency to XRP, that currency, that XRP back into their currency very fast. Okay, so it's a liquidity bridge. All right, and, and it can do it from different values. So I know a lot of people try to push back and like, well, RLUSD could— yes, yeah, you can move RLUSD, but then, then what? Then what? RLUSD is not gonna move. It's is it can't move into other currencies the way XRP can. So, okay, you move RUSD to this country or this currency, and then in order to get it to their currency, you can move RUSD to XRP and then XRP to their currency in 5 seconds for cheap. So I— people just still not understanding it. Um, yeah, but it should be for us. That's the point. If we don't let them shake us out, we, uh, become— then we become the institute. That's right. That's the whole point. That's what I'm trying to help everybody to understand is that they're going to get their positions. If we get our positions, then maybe they have to come to us at some point. That's how we change everything. I love this, James. Think is smart. It's our mindset behind all of this. And so, but a lot of people want to fight because I'm not saying XRP can do everything. Y'all got to understand, anybody who has explained XRP is not saying, oh, it can do everything. It can't do everything. It— but what it does do, it does very well, and it doesn't have much competition in how it does it and how quick it does it, how cheap it does it, and who it's for, which is institutions, right? Thank you so much, Kenya. Kenya. Kenyan. I'm sorry, I'm mispronouncing that name. Um, I appreciate this Super Chat. To mine, 1 BTC, it costs $45K in energy, plus it's not quantum resistant. It's not yet. Yep. XRP is faster, cheaper to run, and its energy footprint is smaller. Boom. It's coming 18 to 24 months. Do some good and thank God. I love this and I totally agree. It, you know, XRP, they have the plan for quantum resistance. Uh, Bitcoin has not started. They haven't had a consensus yet. After the consensus, it takes about 7 years to get it quantum-proof. And a lot of their, uh, the older wallets are at risk if something were to happen. They don't have anything to stop the transactions or anything, where XRP does have a plan where they can, you know, uh, transition into quantum proof if something were to happen. So they have a better game plan, but I think that's because the ledger is meant for institutions and they had that in mind when they created it, right? So we have to understand again, as far as people trying to say, well, this do that, well, this dude, what about the— yeah, absolutely, yeah, it does that too. Oh, RLUSD moves money, move out, absolutely, I can send it to— from this bank to this bank, but then what? It everything comes to a halt when we're talking about trying to transfer into different currencies. You need a bridge, you need a liquidity bridge for that, something that works very quick where you don't have to tie up all your money. That takes, that takes time and it, and it costs, okay? So it, it, what it does, it does well, and it's very simple. And like I said, a lot of people don't understand it because it's just been overly explained and the technicalities and, oh, we talking about the ledger in one sentence, then we talking about XRP in the next sentence, and then people just get confused. And so here's the way I talk to my daughter about it so you can understand it, okay? Here's how I talk to my daughter about it, okay? Uh, what's up, uh, CJ? What's going on? I see you guys, right? Sui is cheap too. Yeah, you say you bought it at a dollar. That's good. All right, here's, here's what I want you to— how I want you to understand this. Imagine a small town. This exactly what I told my daughter, 18 years old. This is how I was explaining it to her. When— because she's invested in XRP too. And even my own daughter, I don't want her invested in it just because, oh, you, you heard mommy's invested in it. No, I really want her to understand why it has value, okay, for the world that we're going into. Imagine a small— oh, and then let me say this, and then I'll tell you why a lot of people are asking about the Clarity Act and how it reaches its value. I do want to say something on that too. Now Let's go back to imagining a small town, because think— people think in pictures. I gave my daughter a picture, and we just— it was just a spur of the moment interaction that we had. And in this town, almost everybody is still using a horse and buggy to travel, okay? They're using the old school horse and buggy to travel, okay, from one place to the next. This is a town that we're thinking about, and the horse and buggy is obviously what's always been used in this town. It works. It takes time. It's expensive to keep up. Why? Because the horse needs some food and can. Then the buggy itself, if the buggy break down, you need to constantly repair it, and it's cracking and breaking down sometime, and you gotta, you know, fix it. So it costs a little bit, and it's a little slower, but obviously the town has accepted it because that's the way that things have always been done. And if you come in this town where the horse and buggy is moving, you're gonna get with the program too. You're gonna be using a horse and buggy because everybody using a horse and buggy. Now imagine one day a new kind of car shows up on on this— on— in town, you know, a new car, a nice fancy car. Okay, now this car is different from anything people in the town has ever seen before. It's a new car and it can travel from one end of the town to the next end in seconds instead of hours. And it's like, wait a minute, man, this, this car can go to the other end of town in seconds, man. This is like a speed car and it's cheaper to operate than the horse and buggy.. It don't break down nearly as often, okay? And the people who start to use it realize that it's so much better than the old way, and they start be— they, they start switching from this horse to cars slowly because they realize, man, this is fast, this is cheap, I, I want in on this. And little by little, the transition is very slow at first because people of course are skeptical when it comes to new things. But once they realize how much faster and cheaper it is, the demand for the car— hear me out because I'm gonna go somewhere else with this— the demand for the car starts to grow. But here's what the people in town started to figure out: the car can't run on nothing. The car needs gas to move, and without the gas, the car is just an expensive piece of equipment or metal sitting in a driveway, right? And in this town, there's only one gas station. Is one gas. So now everybody like the car and they know it moves and it works, but they realize we can't move this car without gas. But it's only one gas station, and this gas station is a, is a fuel that is the the fuel that can, um, make the car move, okay, on this particular kind of car. But the gas station also does not have unlimited supply. So that means that the amount of gas that exists in the world for this car is fixed. It cannot— there's no more gas than what's at that gas station, okay? So it can't be manufactured on demand. The supply is what it is, and as more people use the car a smaller amount of that gas is gonna get burned with every trip, right? So the supply only goes down, it never goes up. Now picture what happens as more and more and more people in town start making that switch from the horse buggy to the car. Even if it's slow, at some point they start making the switch. But guess what? They need the gas. So the demand for the gas is gonna keep rising because more people are using the car now. Okay, so the more people start to use these cars, the more supply they need of gas, and the supply keeps shrinking because every trip is going to burn a little bit of gas, more and more gas, and they got to keep filling up. And the gas itself, which is— or let's say the gas itself, which used to be cheap when only a few people was using it, now becomes more valuable over time as the demand grow and the supply contracts. Okay, that is exactly what XRP is, and that's the whole story. Now let me break that analogy down piece by piece so you can see how it maps into this whole process, so you can know what goes where. Ledger, XRP, what. So the road system in the town, the network of streets, streets that the cars drive on, you know, that network that the car was moving back and forth on, is called The XRP Ledger, or the XRPL. So the XRP Ledger is the infrastructure. It is the road that handles the movement of value from one place to the next place. That is actually what is also valuable because of what it does. It's fast, it's cheap, it's reliable. It can settle a transaction in 3 to 5 seconds, which is faster than almost any other system in the world, right? Um, and it's a cost of the fraction, or a fraction of the cost per transaction. And it can move any kind of value, not just XRP. It can move dollars, it can move euros, it can move tokenized assets like real estate or government bonds, it can move stablecoins, RLUSD, um, other stablecoins. The, the XRP Ledger is the road system in that story, okay? Because I didn't want you to start guessing what's what. The XRP— I'm sure y'all know what the XRP is. The XRP is the road that they're traveling on that they can get back and forth, okay? Now the XRP in that story is the gas, okay? The gas. And I'm gonna get to some more of the, uh, Super Chats because I see you. I haven't, um— I, I see you, okay? So now the gas— every time a transaction happens on the XRP Ledger, a tiny amount of XRP gets burned. Not a lot to like be dramatic. I think if I'm not mistaken, they put that feature in it more for scam protection or something, but it does get burned. Okay, so the total supply of XRP is fixed, it's 100 billion, it cannot be no more. Just like the gas station, it's like we only got so much gas to be used. So the more it gets used, the more, you know what I'm saying, there's some supply and demand dynamics, right? But no more of XRP can ever be created, and every transaction burns a small portion of that supply, meaning the supply of XRP XRP is slowly decreasing over time. Time right now, again, the burn is very small. I do want to say that, right? But the burn is even more small because the road is not that busy yet, yet. But the more traffic that gets on the road, the more gas gets burned and the scarcer the gas becomes. Okay, so when people say XRP has no use case, what they're really saying is that they have never understood the relationship between the road and the gas. They're looking at the gas price and asking, why is nothing happening? Why is not— but they haven't asked a more important question. And I, and I always say, the better questions you ask, the better answers you get. How much traffic is actually on the road and how much traffic is going to be on it? Going to be. Now, if you don't believe that there's any traffic coming, then okay, short XRP. But when the traffic starts to increase, the demand for that gas is going to increase. Okay, if you, if you're sitting in a town where everyone is still using horses and you're watching the price of gas, the gas is going to look pointless. But if you can see the car is coming and you understand that everybody is about to switch from the horses and the buggies to the cars, then the gas is the most valuable thing in the town. This is also why I'm telling you this, because XRP and XRPL are not the same thing, even though people use the words interchangeably. They're not. The ledger is again the infrastructure and the road. The protocol is the protocol that handles all of the transactions and the smart contracts and the tokenized assets, all of that. And XRP is the fuel that powers the road, so you need it. You cannot use the road at scale without the fuel, and the fuel has a, a fixed supply that is slowly going down. That's how I explained it to my daughter, and so she understood it when I explained it to her as in a car that has a road to travel back and forth to, but that car cannot go anywhere. It, it can't— it's, it's not— it can't go anywhere if it's not fueled with the gas. And then now you have the the gas inside the car, and now we can— it can run. And XRP is like the gas, and it is needed for you to get that car from one end of the road to the next end very fast. And it, it beats the horse and buggy. It's faster, it's quicker, it's cheaper. And, uh, the only thing is that story is really limited, limited, because XRP is also a neutral bridge that can convert into any currency that That's brilliant. I mean, I can't— I couldn't even get an example at that moment on the, uh, top of my head trying to help her to understand it, right? And so, do I have thoughts on SHX? Yeah, I love— first of all, thank you so much for this Super Chat and, um, just for being a blessing. All of you guys are such a blessing. And, uh, yes, I do have my thoughts, and I like SHX. I think it will do very, very well. Uh, it's, it's in my top like maybe 5, um, currently. And, uh, I— it's— you can move it through Ethereum. You'll find that on Kraken, if you try to move it, you have to move it through Ethereum, but it's best on the Stellar network. And I— and I— and it's gonna make— it's gonna make, um, Stellar probably— it'll probably make Stellar more valuable. And Stellar, if Stellar, as it gets adopted, it'll make SHX more valuable. It's not guaranteed, but I really I really think it's going to do very, very well. Um, thank you so much, Purple Rain. You're my bridge along with the community and the Roth IRA. Feed the fund for the kids with the XRP, and I certainly will. These kids are spoiled. I got you, I got you. Thank you, you're, you're always such a blessing. All of you guys have been such a blessing to me and my family. I'm gonna get to some more, um, uh, other super chats. Yeah, CJ, so I'm trying to help you guys to understand this, and you know what, um, I forgot to say this also my membership, uh, after I get off, um, I will be going on and giving you a full framework for full life wealth. Um, you know, a framework, a, a complete framework, okay? Not just financial wealth, not just asset wealth, but the kind of wealth that holds when the world starts to shift in ways that money alone just cannot, uh, solve, okay? We cannot be one-dimensional with what's coming. With what's coming, there's going to be situations where money is not the answer, okay? Y'all ever seen The Walking Dead? I like, I like shows, y'all. I'm sure y'all know by now I like shows. Um, when you're, when you're trying to survive certain situations for the economy, you have to bulletproof yourself for whatever it brings, whether it's inflation, whether it's a food shortage, whether it's water shortage, whether it's no energy. Um, you know, look at what happened to Puerto Rico. I think they went 10 months without electricity. So you want to be able to think about how to really sculpt a plan that can, uh, be masterful and have a framework, um, that can really guarantee your wealth. Because wealth is not just in assets, it's not. It's, it's in other things. And I'm going to go deep on that, and I'm excited about that today. So I wanted to say that as well. Uh, let me look at some more of, um of the comments. Uh, thank you so much, James. Uh, we literally have a chance to stand as equals to the central bank, and this will be our last chance. And I believe this. So most of you guys know, like, I've been, I've been telling you guys, like, this is going to be our next financial infrastructure. And you know what, a lot of people— let me just say this because I said I would, I would say mention it, and I'll get to some more of the Super Chats. Thank you so much, um, James. I appreciate this Super Chat. And I appreciate you adding to this conversation because this is an important part that people have to understand about why XRP's price will go up. And I, I keep telling you guys this, I pray for the Clarity Act. I don't know if it will happen, okay? We don't know if it will happen, right? I pray for it to happen, but I keep coming back to this adoption utilization, okay? And sometimes adoption happens faster than perfect clarity. And I know I get a lot of people like, well, what's going to happen to XRP if the Clarity Act doesn't pass? Is it going to succeed? And you know, don't get me wrong, I absolutely believe that broader legislation and market structure clarity is going to help the entire industry. Um, it could accelerate adoption, it could increase institutional confidence, and it's going to remove that uncertainty for a lot of players that's sitting on the sideline. I keep saying that they need— they want structure, they want rules, right? But people are missing a deeper point with this. Uh, you know, technology adoption and legislation don't always move at the same speed. They don't. And if you look at the pattern of history, it's going to let us know that even with the internet— when the internet expanded before it— the internet expanded before the governments fully understood how to even regulate it. Okay, um, you had streaming that started disrupting television, uh, before the old media system adapted. AI is scaling right now. Look at AI, it's scaling right now faster than lawmakers can even build frameworks around AI. Why? Because utility creates momentum. And when something Like what I talk about with XRP, when it saves time, when it reduces friction, when it lowers the cost, when it increases efficiency, um, or it creates competitive advantages, people and institutions can begin to move towards it because they don't want to be left behind, right? They don't want to be left behind and they need it. And that's why I keep saying that the real conversation around XRP is not just price, it's utility, it's liquidity, it's interoperability, it's tokenization, it's settlement infrastructure. If institutions eventually need faster and more efficient ways to move value, to settle transactions, to bridge liquidity, uh, to tokenize assets, then adoption itself is going to become the catalyst, period. Okay, and so I'm not— again, I'm not saying nothing against the Clarity Act. It can make that happen quicker. But also don't forget the OCC. I talk about this often, the officer or the Office of Comptroller of the Currency, because even without a full market structure bill through the Clarity Act, if regulators like the OCC continue giving banks clear pathways to interact with digital assets and custody crypto and use blockchain infrastructure or even participate in tokenized financial systems, then again adoption can start accelerating institutionally with OCC. Okay, so I know that some people are waiting on one giant magical moment where Congress gonna flip the switch and just, you know, change everything overnight. Uh, markets don't always move like that. They usually don't. Okay, infrastructure is something that develops piece by piece. And so for the people who just so impatient piece by piece, integration by integration, institution by institution. It don't always— it don't just— it don't just happen like that. By the time it does, it's been happening for so long, okay? So there's a— it is piece by piece until eventually the system reaches a tipping point where adoption just becomes too difficult to ignore. It just is too difficult. I, I'm losing money. I'm, you know, it takes forever. I got trapped capital. It's too much friction. Eventually they give in, um, and, and it takes time, but trust me, it'll eventually happen. And so the Clarity Act matters, um, but I believe— this is me— that real-world utilization, institutional integration, and liquidity demand are ultimately what gives any system long-term staying power, if you ask me. So You know, I, I just, I, I personally believe that XRP's value proposition is going to become stronger as adoption, again liquidity needs, tokenization, and institutional infrastructure continue developing. Okay, the more, the more systems that require fast interoperable movement of value, the more relevant, um, that, you know, XRP is going to be. The more relevant, efficient bridge liquidity solutions they become in that scenario. So I, I just need you guys to understand where I stand with it, is that even if the Clarity Act don't come, I don't, I don't think that changes anything. I know a lot of people do. Oh, we need the clarity. We need— we do, but we don't, you know, we do for the broader picture, and we would like to have it. I told you I'm praying for it, but I'm just answering this question in a systematic way so you can understand what happens if we don't get it. What— for the question, what happens to XRP if Clarity Act don't— if the bill is not passed, there's the answer. Adoption and utility. And it could take time because it happens little by little. And if— but if we get a liquidity crisis, guess what's standing there waiting? Guess what's already cleared? Guess what? See, SEC have already deemed not a security. We have an answer already for a, a problem that exists. If there's a problem that exists and it's stuff break into pieces, it just collapse, guess what we got? We got a solution. There it is. All right, uh, Roughnet, thank you so much again, being such a blessing. Um, I don't know what to say. Did you hear that the government of Bermuda has partnered with Stellar XLM, aiming to become the world's first fully on-chain national economy? Don't get me wrong, I'm mostly on XRP, but it's something to look into. Thanks. Thank you for sharing this. And, uh, yeah, I, I have heard about it because you just told me about it, so I'll look into that. Bermuda, I love it. And if for those who don't know, XLM is my number 2, okay? Because it is a bank for the unbanked, and I think it has massive amounts of utility. You know, uh, there are— I've researched this— there are so many people around the world that do not still have access to banks. And to have a solution to bank the unbanked for the, for, you know, for the average person is I mean, incredible to me and has a lot of utility. And so I love XLM, and most of my— to be honest, most of my limit orders have been on XLM. Like, I have a strong position with both XRP and XLM, but obviously I have a stronger position with XRP. But if we get a fall, uh, I will be taking a lot— I will be capitalizing more probably on XLM than even XRP. I think I have a greater position in XLM for my limit orders, and I've been talking about that for a year. So I love XLM. Uh, the same— one of the same guys who worked on XRP with Ripple went over to Stellar and worked on XLM. So again, it does exactly what it is. It is XRP in a sense. It's just made for retail while XRP is made for institutions. So, um, I love it. Uh, thank you so much, uh, Dana. I appreciate this. And, uh, you guys are so sweet. Um, God bless you. Hallelujah. Thank you so much for this Super Chat. I appreciate this. You guys are so sweet. I'm just getting into all of the Super Chats. If a bank has been holding XRP to use it for transactions, how would they get around paying cap gains for the transfer? Is the point to not sell the XRP? Yeah, that's the point, to not sell it. That's definitely the point. Uh, most, uh, most people right now want to be able— I mean, obviously, you know, we— I have— so I always tell you guys, I have sell, uh, orders, okay? They're already in place. I got myself my limit orders already in place for selling. But do understand that you got to know how much you have, what, what is your position, and what is the percentage that you want to sell. It's a drop in the bucket for me, okay? How much I'm selling, it's a drop in a bucket. And I have a game plan of where I'm going to reinvest that money, and it's, it's definitely not going to buy some fancy car or some fancy yacht or anything like that, but it, it will be to invest in something that produces cash flow and passive income. So even in the sale, and I already know what taxes— I already mapped out the math, I've done the math for myself. So, uh, don't, you know, don't over or underestimate, uh, taxes. You better overestimate. If anything, you're gonna have to pay taxes. And so make sure that if you are selling, that you consider that as part of your game plan, is that your taxes are a part of that game plan, and that, you know, that you have a game plan on what you're gonna do with the money, that you're not gonna blow it off or anything like that. But no, they're not. They want to sit it on there. They want to keep it on their books, right? They don't want to sell it, um, for what? To, to get money, fiat Nah, they ain't gonna do that. Um, they're, they want to utilize it, and so, uh, they, they're not usually planning to sell. I'm not, I'm not telling you that, uh, you know, institutions don't buy and sell. They do buy and sell at times, but what I'm saying is they want it on their books. Uh, that is the game plan. They want to be able to utilize it because it saves them money and it's fast and it's quick. Can you imagine all the vostro and nostro accounts that are out there with all of these different currencies, uh, that they have to have in different countries just to move money. Like, that, that capital is now going to be freed up to be able to do other things. So, um, they're, they're thinking about all of that. And you know what, you guys should be thinking about that as well, you know, uh, when it comes to taxes and stuff, you know, pay attention to how you hold your asset. Smart money is always looking at tax structure, um, the tax structure of their positions. They're looking at it just as carefully as they're looking at the, the entry price. You know, there's— the entry price matters, but also how much you're gonna keep, how much you're gonna lose. Okay, so smart money institutions, they know that a position held inside of the wrong structure is going to lose— can lose 40% or more of its value to capital gains, right? Because the holder, um, is— it's got to pay taxes to IRS if you're holding it and then you sell it and then you don't realize how much you got to pay in taxes and you're on the higher end You know, it does depend on what your tax bracket looks like, but obviously the wealthy, they use tools for stuff like that. Smart money uses tools for stuff like that. One of the tools they use, which I always talk about, is a Roth IRA. So that is one of the tools that they're going to use. And the way it works is simple: you pay taxes up front when the money goes in, and after that, every dollar of appreciation stays completely yours for the rest of your life. Why would you do that? Because if you have a lower— if you're going to be wealthier in the future, Why would you want to pay taxes on something that you take gain— capital gains from in the future? Why wouldn't you want to pay for it now if, especially if you think the asset is going to appreciate? So you're going to pay less on taxes now than if it appreciates and now all of a sudden you sell and then you have to pay taxes. So for an asset like XRP, um, that you're planning to hold through a multi-year repricing event, that structure is the difference between a wealth event that you keep and a wealth event that you mainly— you're gonna hand all of that back. You, you don't— you don't roll this wave with all your conviction and all your patience and everything, and then soon as you take profit, here you go, government, I gotta hand you 40% back. No, no, no. That is why I keep a portion of mine inside a Roth IRA. I do mine through iTrustCapital. It's a platform that's built, uh, the infrastructure to make it possible for digital assets, right? So you got some accounts that you were able to get ETFs, but they, they developed the Roth IRA so that you can hold the actual asset, um, not a paper-wrapped version, not the ETF, but the actual spot coin. And they handle, like I say, real native XRP along with all— I think they got over like 90, uh, different, uh, digital assets, and they got precious metals inside the same account. And they do give you a $100 funding bonus when you fund an account. I do have a link in the description for that if you want more on that. And if you want to open up a Roth IRA, it's one of the best things that you can do because I'm telling you, you, you— yes, you may have some that you want to sell, but my goodness, have some in an account where you can take profit, you can have those gains and not have to like say, here's 40% IRS. Okay, so make sure you all are paying attention to what that structure looks like beforehand and not after. I'm looking at some more of the comments because I want to make sure that I get through Um, to anybody else who sent me a Super Chat, I don't, um, want to overlook you. Thank you so much, Dwayne, I appreciate that. Banks are afraid of yields that cryptocurrency banks give to their customers is how they make their money. They're holding back the Clarity Act. Yes, they do not want to give up. They know that people are about to move their money out of banks. Why would I keep it here when I could go over here to a stablecoin and get a percentage, when I can go to these other digital products and get a percentage, and y'all giving me chump change. Y'all giving me pennies. Look at how much the money markets get. They give you pennies, but they make all of their money off of your money being there. They know that it's going to be a mass exodus. So I do think they're going to fight, you know, um, on that because they lose— they lose their whole— their, their whole reason for making money. That's, that's, that's not— they don't just make money. That is their— that's it. That's how they— that's their money. That's their game plan, is to make money off of your money. And then I told you, I go to the bank and, you know, you try to ask for a large amount, they don't even have it. You know, let me see if I have your money. What do you mean let me see if I have your money? It's my money. Where's my money? I put it in this bank. I should be able to come here and get a million dollars if I wanted to, but no. Why? Because y'all lent my money out and y'all making all this money and y'all not giving me nothing in return. So yes, People are pulling their money out and they're putting it into assets like silver and gold and XRP, deflationary assets. That's why— why do you— you know, so people are starting to pull their money out of the banks. I don't— you know, and then, I mean, the banks will always be there. Are they gonna— they're gonna make their own stablecoins and stuff, so they're gonna get with the program too. But that's— but there's a fight, there's a fight that's going to be there. And so that's why I wanted to help you guys, because I don't want y'all you know, worried about XRP because of the Clarity Act. Remember, XRP has already gone through a court case. The other— the others have not. So it's uniquely positioned, and it's uniquely positioned for a, uh, a crisis event. So it can be utilized in a lot of different ways. I do think it comes through institutional adoption and, you know, its use case. All right, at the end of the day, that's where I land. This is a slow game for me. This is a patience game. This is an accumulation game, and the more you accumulate, the more you take time to accumulate, the more your time horizon can shorten. Because you don't need a— see, most people who are invested in XRP needs an astronomical movement for them to have a big position. Like, some people who've been accumulating, if they've used their time wisely and accumulated, they don't need an astronaut. Some people, all they need is a $10 XRP for them to be able to like scale., you know, and leverage and all of that. They don't need a $3, a $4— I mean, a 3-digit or 4-digit, you know. So that's why a lot of people want that to happen, and if it's not happening, they upset about it. But if you would just start accumulating while we're— while we got more time, then guess what? You're, you're saving yourself. You're eating into that time in a sense. Think of it like that, because now you don't need a higher digit if you have more XRP. Okay, so you— once, once you, you start reaching that net worth, you know, from this particular asset, it won't take as long, okay, because you have a stronger position. So it's not a bad thing that we have time to accumulate because you'll still eat off the time for when this moves. It doesn't have to move the way maybe other people were just getting in needed to move in order for them to have financial freedom. So, and then you'll be able to like leverage it and like I said, get a game plan to you know, borrow against it and then put it, rotate it over into, you know, uh, passive income investments, you know, investments that make money while you sleep. And then, you know, also if you do have some sell, you know, some take profit levels, which is smart to me to have some if you, if you got enough of it for that and you're not like digging into your long-term, uh, your long-term, um, bag. If you're not digging into that and you just like, hey, I'm gonna buy here at $1.40, maybe when it gets to $6, $7, I can take profit and I can reinvest that, or whatever your game plan is. Everybody's is different. I can't— it's not a one-size-fits-all. All right, thank you so much again, Roughnet. Um, you're— you've been so kind. I don't— again, I don't know what to say, but thank you, and I'm grateful for you and appreciate it. And you don't have to get nothing else, you have done enough blessings. Uh, if you put it into a Roth IRA, how long do you have to leave it in there before you can pull it out? Thanks. So with a Roth IRA, 5 years, um, you have to wait 5 years, uh, well, not just 5 years, 59 and a half or 5 years. I apologize. So if you're 40, 59 and a half is when you pull it out, okay? So you got a long time, or, uh, 5 years, okay? So if— meaning if you are, let's say, if you decide to do it, I know somebody, people who doing it in their 60s and 70s, you gotta wait 5 years. So even if you're 60 years old and you're over the 59 and a half, you got to wait for 5 years. So you got to know if it makes sense for you and your game plan, right? Some people are doing it because they're like, you know what, I could just put the minimum amount and let it sit for my grandkids and boom. Like, so it's— they're not like, I'm already in retirement, I already have my passive income, or I already have my XRP investment, but I can expose myself to a minimum amount, just let it sit and do its job, and boom, I could get that to my grandkids. I can, you know, buy the first house, or, you know, I can help them with their first business, or I could take a trip around the world. It don't matter. Whatever you got for it is, you know, is different on why people get a Roth IRA. So, and, um, you know, whether it's right for you. But I know people in their 70s that's like, I'm just gonna put the minimum amount in there and let it sit. I don't even need to put a lot in there because I'm gonna just let it sit and let time do its job, and I'm gonna give it away to my kids. It's just another stream of income. But it's a, it's a way to create an account where you don't have to pay taxes, which Um, is a smart thing. Now, the second part of that question is usually with a Roth IRA, and you can double-check this with, uh, iTrust Capital, they have a number, is that you can always take out what you put in with a Roth IRA. So if you were to put in a certain amount, you can take out that certain amount, um, but you cannot take out the appreciation of that amount. So if I was somebody and I put $10,000 into a Roth IRA and it went from $10,000 to $100,000, I can't take the $90,000 out until the time right, but I can take $10,000 out. So, um, that is usually how Roth IRAs work. Uh, but thank you so much, that is a great, uh, question. And buy, buy, buy is definitely something that I believe in. And, um, and listen, I am about to— my goodness, I'm about to— if you're not a part of my membership, go ahead, it's only $2.99 or $3.99 if you're an Apple user. I am in there, we building like a— I mean, it's, it's basically a coaching environment. I am in there. We're walking through game plan and structure, and like I said, I'm gonna walk through 6 layers, uh, that I want you to be building out. And I'm very intentional with my membership, uh, I think it's worth it. And you can go back, I talk about how to build your own bank, how to make XRP a bank, uh, we talked about one of the, um, my newer assets, um, cryptocurrencies that I go into. I talk about my top 5, my top 10. So I go into a little bit more depth there. And, um, and also I would, in addition to that, let me see, I'm just looking at in the chat. You're in the right position. Okay, looking at XRP blows, finna drop to— oh well, I hope, I hope, guys, I hope XRP drop. I've been praying that XRP will come back to a dollar. I, because I got limit orders, y'all. I want them to get scooped up. I have to be the first to tell you, although I'm long XRP, that I want XRP to drop even lower. I would love for it to drop lower so I could accumulate at lower levels. For all the people, when you say stuff like, oh, I've been getting XRP since it was 17 cents, and people are like, man, I wish I could have got there, and then when it dropped they get scared. Listen, this is opportunity. No matter which way this, this, this road goes is opportunity. So, um, take it, take advantage of the opportunity. Get some limit orders in place, uh, get prepared, you know, get your structure together. And, uh, I'm telling you, for the people who do it right, they're gonna— it's gonna be— it's gonna cause generational wealth. It's a wealth transfer, and it's going to be the greatest wealth transfer of your life. I keep telling you this, it's going to happen. Also, you know, just a lot of times seeing the questions, I know not everybody, uh, who watches should, should be making decisions alone. Sometimes you do need help, right? The structured conversation, it gets very complicated very fast once you start factoring in all your personal existing accounts, your, your other retirement vehicles, your timeline, your goals, and even the order in which things should happen. So that is why I do have my clarity calls. The link is in the description for that. We sit down, we look at every account you got, we map out, you know, uh, what should move where, and or so nothing falls through the cracks, because that's what's going to happen with a lot of people, okay? So I want you to walk away with a real, you know, game plan that you can follow, because a lot of people don't have a game plan. And my coaching community is also open for ongoing weekly support and a room of people building together. We just got off of our coaching session today. We had a great, powerful time together learning and growing, and people are putting their plans together to make more money. I mean, there's a lot happening. You just don't know what you don't know. And when you get into certain environments, you realize, man, I didn't know this, and I didn't know that I didn't know this, you know. So, uh, that is, that is what we are there for. And, uh, those links are in the description. SHXMI Tangem wallet, I love to see that. Um, you suffer some income taxes. Are you talking about, um, are you talking about L. Chris, uh, Christ? Uh, you suffer, uh, income taxes and penalty when you pull out what you put in. Uh, there's also, let me say this too, for Roth, and again, don't, don't quote me, there are you— there's also other reasons why you can pull from a Roth. I meant to say this, but it has to do with like illnesses, and like even I think if you purchase your first house there may be rules where you can take out of your Roth IRA as well. Okay, uh, do I walk through Tangem setups? Yes, I can get you— I can get you, uh, walk you through Tangem, a Tangem setup, uh, for sure as well. And, and I've— and honestly, let me tell y'all something before I head out. I've had to— there, I've had to help people get their— get their assets back from scam artists who had controls of their, like, cold wallets and stuff. Right? So be very careful. Don't let nobody have your seed phrase, none of that. Like, don't give them your password or anything. Um, because if I find out— if you— if you— if I found out that that happened to you, I will walk— I will— I'll stay on the phone with you 4 hours to get that money, to get that stuff back. And, uh, and nobody should have your seed phrase. Nobody should have your, you know, password. And if you got to get it, you know, because that's somebody's whole generational wealth being taken from them because somebody else controlling them. It was one lady who said that the lady would not even allow her to understand how to move her assets back off. She was in control of it, and every time she asked, hey, can you help me to move? No, it's too complicated, it's too confusing. No, if you get me, I'm going to help you, and I want you to learn how to do this. So, uh, I have— I've done videos on it, uh, step-by-steps, you follow along videos, and I will help you to do it in, in real time because I do not want your This is your— this is your livelihood. This is your wealth. This is your kids, your grandkids, your great-grandkids. We talking a bloodline, um, generations of access into your wealth. I don't want nobody taking that from y'all. So, uh, be very careful. Be very careful. Um, and yes, just for you guys to know, HBAR is my third. XRP, XLM, HBAR are my top 3 right now for assets. Um, so I continue to accumulate those. All right, now, um, yeah, so I wanted to share this information. I think the people who waited, uh, for proof in every previous infrastructure cycle paid the highest price for what they could have owned for almost nothing. So y'all need to choose wisely. And as always, I want you to stay wise, stay wealthy, and I'll see you in the next video. Give me 5 minutes for my members. I'm going in and I'm telling y'all, I got a good one for you. We're gonna have an amazing time. I'll see y'all in a minute.