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Ripple Labs Inc. and their digital currency $XRP had an amazing pump yesterday. The company announced a major partnership with PNC Bank, a top ten bank in the US. Ripple also announced they were very close to launching the much anticipated xrapid technology, which would see $XRP tokens used by banks for liquidity. Ripple Labs and $XRP are the bankers coin and there is no doubt about that, but Bitcoin $BTC was made to crush the banks, and essentially turn every person into their own. Will Ripple take the number 1 spot from Bitcoin in the near future? Tune in to hear Chico’s thoughts on the entire debacle.
00:08 Beer Intro: Funky Buddha Floridian Wheat Beer-Florida, US
00:38 Hot Topic Is Ripple Labs $XRP Overtaking Ethereum for #2
01:09 Ripple Labs Partners With PNC Bank
01:57 What is Ripple's xCurrent and Interledger?
02:56 Bitcoin Maximalist View Of Interledger
03:36 Bitcoin Is Already A Unified Ledger for The World
04:17 Ripple's Interledger Is Just A Copy of Swift
04:35 Ripple Is Creating A Mess of A Protocol
05:18 Ripple's xRapid Is Coming This Month
05:56 What is xRapid?
06:30 Why Do We Need Interledger, xCurrent, and xRapid at all?
06:45 Ripple Is Trying To Peg Assets?
07:22 Bitcoin Is Beautiful Because It's Simple
07:51 Where Does Security Come From With Ripple $XRP?
08:09 Ripple $XRP Is Digital Alchemy
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$XRP vs $BTC
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. In limited circumstances the speaker has been compensated by a third party. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This is not an offer to sell securities. Never invest more than you can afford to lose. You should consult with your professional advisors before purchasing any cryptocurrencies.