⚠️ WHY XRP WILL END UP AT A HIGH PRICE! FLARE & MORE - IMPORTANT CRYPTO NEWS TODAY UPDATE!

What is up? I am Crypto Mason and welcome back to the Crypto Mason YouTube channel. Shout out to the Gold Squad. We look for gold in every single aspect of our lives and we always find it. Now today we are back for another daily market update. We're just going to hop straight into this one. We've got a lot of stuff to cover. Um, first of all, like and comment on the video. 20 $25 giveaway of any cryptocurrency that you choose. I would choose XRP and HBAR at this moment if you do win the $25 giveaway, but you can choose whatever you want. So like and comment on the video. Let's get into the market update. Uh, right now we have 1inch and XRP being the top gainers right here. 5% up on XRP. We're actually getting a little spike like this. This chart looks good in my opinion. We're back above, uh, 50 cents. The last time we, we tried to go for a new high was we peaked out at 55 cents. Uh, let's see if we can break through that 55 cents, uh, again today. Also, before we get too far into it, make sure that you go and sign up for Binance. You can use the link in my description, the US link or the.com link depending on where you are from. So we're still below 1 trillion. As always, we get on here and Bitcoin does still control the, the whole market. So whatever Bitcoin is doing, most of the top 100 is just following along with what Bitcoin and Ether are doing. ETH is still stuck at $1,300, Bitcoin stuck, uh, fighting that $20K. However, we do have XRP decoupling a tiny bit, right? I love to see that. I love to see XRP over $0.50. Um, it makes zero— it makes no sense why XRP is sitting below a dollar even. Like, that thing should just— it should just be normal. For XRP to be above a dollar. We do have some very interesting XRP stuff, uh, to cover in this video. Also, the Rising Up podcast with the Faceless Many. Um, if you guys know Mack Lorden or Evan from TikTok, I did a podcast with them a while ago and it has just came out. 1 hour and 21 minutes, um, of some stuff that you might have never heard. So go check this out. I'll leave the link in the description to this. Go like and comment on this video. Uh, this is a podcast too, so you get to see me in podcast form. Also, I have made a playlist on my channel. If you go under playlists right here— uh, by the way, look at the new banner. We did get a new banner. Look at that new, uh, YouTube banner right there with all of the cryptos that we love as constellations in the sky, um, and then the Gold Squad logo as well. This playlist right here, Podcasts I Am On, you can see all 5 podcasts that I've done on YouTube, uh, with other people these are not my podcasts, um, and you can go and watch those, right? There might be some you've never even seen, like the Andrew Murnane one, which was actually the first podcast I've ever done. But those— that's hours of content right there that you guys can watch, uh, if you're feening for some more info. So these are what the bubbles are looking like. Reserve Rights is the biggest loser today. Uh, this one seems to be doing sort of a Helium type of thing. Like, I've seen Reserve Rights pump 20% and then back down. Uh, recently. So Reserve Rights, pretty interesting coin that's, uh, connected to Peter Thiel as well. Bitcoin chart, we don't care about Bitcoin. Moving on. Uh, we did show the XRP chart already. I'm hoping we can pump above that 55 cents. Um, this is how we're all feeling right now. This is how we're all feeling. We had the Celsius docs, um, yesterday where they basically— you can go and search every single person's first and last name, uh, who lost money with Celsius and see the exact amounts, uh, and everything. We also had the BNB hack, and we have this nuclear Armageddon threat, uh, from Biden. Biden, uh, has said that for the first time since the Cuban Missile Launch or something like— something crazy like that, uh, but nuclear Armageddon. Let me know, do you think a nuke is gonna hit the USA, uh, or not? I personally don't think so, but My stance on like bombing and bombs and all that is pretty, pretty bad stance. I think it's all childish and pretty stupid to physically nuke people, uh, for, for two reasons. One, that it's just stupid and we do not need to lose more human lives. It's just dumb. It's just, it's really dumb, uh, and it's old. It's like an outdated tactic of war. And that leads me into my second point, is you should have these silent tactics like China is doing to the USA right now. China is at silent war, in my opinion, and silently like attacking the USA in a, in a few ways. Oh, through TikTok. Through TikTok. The majority of it's through TikTok. Um, and just fight through the music. Fight through the music, the food, the frequency, the water. Fight through these measures and not, uh, bombs. We don't need to just have gore and killing people everywhere. Uh, in my opinion, there's better ways to fight. Uh, there should be no fighting anyways, right? Okay, moving on. Uh, this is a pretty crazy tweet from David Schwartz. XRP actually cannot be cheap. If XRP is cheap, it doesn't work. Okay, and this is coming from the CTO of Ripple, David Schwartz. He's saying that XRP must have a high price, right? Right here he says that doesn't make any sense if XRP is dirt cheap. If XRP costs $1, they'd need a million XRP, which would cost $1 million. If XRP costs a million dollars, they'd need one XRP, which would again cost $1 million. So he is literally tweeting that, and then he says, except, uh, that higher prices make payments cheaper. Right now you can buy a million dollar house with Bitcoins Uh, when Bitcoin's worth $300, it would move the market too much and be too expensive to be practical. So higher prices makes, uh, make payments cheaper. And this is yet another reason why Ripple as a company would want XRP to eventually have a high price. Uh, like there is valid, valid reasons why they would want that to happen because a lot of people think that, uh, Ripple just used XRP to fund their business and they're still doing that. And then they've kind of forgotten about it. They are not responsible for XRP. XRP is decentralized. XRP does whatever XRP does. There's no external influencers, uh, influences on that. There is definitely influencers talking about XRP for sure, uh, and that's just part of the marketing and the network effects, right? Uh, so here is one crazy thing right here. XRP Ledger Foundation has just updated their UML. The changes are the addition of an Xpectre validator. So you guys know Xpectre is an official partner of this channel. Uh, we did a sponsored segment in a couple videos ago on Xpectre, and they have their new white paper out. Uh, this segment is not sponsored, for full disclosure, uh, because they have just made the news in a very interesting way. They have removed one Ripple validator and replaced it with an Xpectre validator. Okay, so Ripple does control some validators on the XRP Ledger, but they only control, I believe it was 11% of the XRP Ledger. Uh, so that's extremely decentralized. In fact, it's more decentralized than Bitcoin because Bitcoin, the mining is ran by 4 pools. They control the majority of the mining. Right? But with Ripple and XRP, Ripple only controls a little bit of the validators, which is pretty crazy. And they've actually just removed one. They've just removed one and added an X-Spectre. So this is a big move. X-Spectre now has decision-making power, uh, on where the XRP Ledger goes. Speaking of decentralization and centralization, we have the Flare launch process they have released a really dope, uh, document right here showing where we are in the Flare launch process. So the Flare mainnet is in progress, it's launching, right? And here is where we are. We're in private observation mode, which started— I believe that's the start date— on July 14th, 2022. And we are waiting for the validator power to be independent of Flare. So basically, once the network is fully decentralized or somewhat decentralized to where Flare doesn't control the entire thing, then we will be in public— or sorry, we'll be in the distribution period. And that's the token distribution event when the tokens, the Flare tokens from the airdrop, get airdropped to everybody. Once again, if you would like to, to buy Flare before it comes out you can sign up for Bitrue, uh, with the link in my description. That is an affiliate link. If you do sign up for Bitrue, you can actually buy the Flare token, uh, before it comes out, right? It's called the Spark token, actually, FLR. You can buy it before it comes out, uh, and before it launches, uh, and I believe it's like a dollar right now. I don't know the price, uh, but it's on Bitrue, and the Bitrue Flare is actually an IOU. So when you buy 1 Flare on Bitrue, uh, they owe you 1 Flare token when, uh, they actually come out. So Flare kind of doesn't exist really until the token distribution event, uh, but these are IOUs that they're selling. I don't know how they're able to do that. It's, it's kind of absurd to me. So here is a crazy, crazy, crazy thing that Crypto Lulu found right here, um, and he says that the— this is proof that the World Bank classes XRP as a stablecoin. Now you're probably super mad if I use this as the title, and I will decide after this video if I will use this as the title, uh, but here is me covering the title, and it's not clickbait because this actually exists. The World Bank actually has a document where they are classing XRP as a stablecoin. Okay, now what we think of when we think of stablecoin, we think of $1 a US dollar, like pegged, right? So it's 1 to 1, it's 1 to 1. But technically you can have a stablecoin that is, is at $5,000, right? Is equal to $5,000 and doesn't fluctuate, right? So you can have a stablecoin that's $10K, that's $50. It just does— it has to be stable to that value. Um, but let's check out this document right here. So Let's go up to the top of this, right? And this is the— this is from the World Bank Group, Central Bank Digital Currencies for Cross-Border Payments. It looks like this came out in November 2021. Now if we type in stablecoin right here and we scroll down through the mentions of stablecoins, uh, we will see they have a section in this document called Stablecoins for Cross-Border Payments, uh, where they explain this. And then they say two digital currencies that fall into this category are RippleNet's native digital currency Ripple XRP, not Ripple's security or Ripple stock. No, it's Ripple's native digital currency, right, which is XRP. And then, and by the way, this is even— they are screwing up right here by calling it— by calling the name of the currency Ripple. The name of the currency is not Ripple, it's XRP. And then they also say Stellar Network's native cryptocurrency, the Stellar Lumen, XLM. Okay, they are calling these stablecoins. This is under a stablecoin section right here. So these are under the stablecoins for cross-border payments. So what are they meaning by that? Because XRP clearly is not stable, it doesn't stay at one value, right? And there's been this, there's been this huge theory, uh, that XRP is actually meant to be a stablecoin, uh, which would be super interesting to see that play out, but I don't think that's going to play out because It's, it's not yet a stablecoin and it wasn't created as one. It was created as a cross-border payment settlement token, basically, right? So that is why the title is how it is. Um, I don't believe XRP is a stablecoin. I sort of believe that it could end up at a stable value that's higher than a dollar, right? Just because it has to because of what David Schwartz said before. Um, but let's, let's move on from that. FTX, uh, this is our one piece of like mainstream news kind of from today. FTX is rolling out crypto-linked Visa cards globally. They're launching this in 40 countries. Uh, the card allows users to make purchases using crypto at the 80 million merchant locations that accept Visa. In my opinion, this is like, this is cool, but it's not a crazy offering. This is surprisingly easy to do, and that's why a lot exchanges have this, right? It's very easy. Visa must have some kind of program that if you come to them with the right amount of people in the right user base, they'll let you do this. So Crypto.com has one, Gemini has one, right? Binance has cards. Even Sologenic, uh, had their card coming out, right? It's not hard to do, um, but they're rolling this out and they, uh, you know, they're partnered with a ton of different countries, which is crazy. 40 additional countries launching debit cards. Now the final thing I want to talk about was a massive achievement for the NFT project that I am on the team of called EthJets. It is a private jet, uh, charter NFT. So it's an NFT membership that allows you to charter private jets. It allows you to book empty legs as well, which means like empty seats on a private jet. for very low, right? We just redesigned our entire website. Fly private for as low as $1,200. Uh, whole new website redesign. Shout out to the EthJets team for, uh, redesigning this website. It looks extremely good. You can see all of the membership benefits right there. Uh, all of the— for each pass, the Global and Captain Pass, uh, full transparency. I hold a Global Pass and a Top Gun Pass. And then you can also see this— here's the big achievement. Well, that's a big achievement that we redesigned the website, but here's arguably an even bigger achievement that we kind of didn't have control of, is that OpenSea on the front page— if you go to opensea.io, if you go to the front page and scroll down to the utility spotlight, ETHJETS is right there on the front page of OpenSea right now in third, in third place. On the utility spotlight. Extremely crazy right there. And by the way, the passes are still available on OpenSea. They're flying off the shelves. We've sold a bunch of, a bunch of new passes. You guys can go pick up a pass if you would like. And that's a hold for me. That's a hold. I'm holding my 2 passes personally until I'm able to use these. The team is slowly but surely building this thing up. It's a, it's an ambitious endeavor. So we definitely are working hard. Also, another thing that's very cool, if you go to the rankings right now on OpenSea, um, and let's see if it's still there because it was, it was there before. If you go to the trending tab, uh, let's see if my— if this Wi-Fi works. If we scroll down to utility and trending utility projects, and let's let— wait for it to load, you will be able to see ETHJETS, uh, on here as well, currently in 24th position on trending utility projects. I believe we got up to 7th, 7th place, uh, on that. And this is the utility section, right? We got the utility spotlight. We did not get the shitty profile picture spotlight. We are not a profile picture NFT. Uh, however, we do love it when we see ETHJET's profile pictures. So that is all we've got for today's video. Make sure that you drop a like. I love every single one of you. Join the Gold Squad Discord. And goodbye.