Fastest Growing Crypto CEO Predicts A Market Collapse | DSH #2032

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Digital Social Hour 1h 1m 3 speakers 7 chapters transcribed 2 months ago
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Could XRP become a crucial asset in the global financial system?

Sean Kelly 0:00
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What makes XRP known as the 'Banker's Coin'?

Sean Kelly 0:06
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What is the future of stablecoins and their regulation?

Sean Kelly 0:36
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How do tokenized assets and custody impact the financial landscape?

Sean Kelly 0:52
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Why does Jake Claver predict a significant market correction?

Sean Kelly 1:13
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What are the implications of quantum computing on digital assets?

Jake Claver 2:12
There's going to be a correction. I think we're going to see somewhere between 30% and 50% down in the stock markets this year. I believe it's what will end up settling the back end of the stock market, the FX market, commodities, eventually being labeled a tier one asset by the BIS. We went zero to a billion in about a year. Damn. I don't know if that's a record, but that sounds fast. It is, yeah. We're the fastest growing RIA in the world.
Sean Kelly 2:37
All right, guys. We got Jake at the Bitcoin conference.

How is AI influencing trading and portfolio management?

Sean Kelly 2:40
We'll talk a little Bitcoin, but mainly Ripple, I think. Yeah. I'm good to go either way. Thanks again for having me, man. Absolutely, man. You're busy this week, so I appreciate your time.
Jake Claver 2:48
Absolutely.
Sean Kelly 2:49
I know you're doing podcast events all week, and then you're flying to another conference right after this. Yeah.
Jake Claver 2:53
Running around, you know, cut hay while the sun's shining.
Sean Kelly 2:55
Not a stop.
Jake Claver 2:56
You know, bear market. Got to make sure that you stay ahead.
Sean Kelly 2:59
Yeah. How's the year been for Ripple? I haven't been really keeping up with much.
Jake Claver 3:02
You know, it's down from last year, just like the rest of the market is. But I mean, sentiment's back up here. You got a fear and greed index back in the 60s. So I think people are hopeful. A lot of geopolitical stuff going on that I think are eventually going to turn into some price appreciation for us.
Sean Kelly 3:17
Yeah. It's, it's been one of those coins I hear about like here and there for years. I feel like it's still around, still strong.
Jake Claver 3:23
I was in the top 10, you know, it was, um, like first four or five assets that were, that were ever created.
Sean Kelly 3:28
Yeah. Wow. Really? I didn't know that. It was that early.
Jake Claver 3:30
Yeah. Uh, June 2nd, 2012. Wow.
Sean Kelly 3:34
You got in June 3rd.
Jake Claver 3:35
That would have been great. Um, but no, I, I've, I've been in, you know, I owned XRP back in 2020. Uh, it was diversified back then, made a bunch of money, uh, during that bull run. And then, you know, it's kind of led to, uh, what we do now okay so you wait eight years after it was made you got in yeah okay you still made some good coin off it yeah i mean decent you know a lot of the money that i made in crypto was actually off of other stuff um when i first got in you know bitcoin was at like five thousand and i was like ah it's too far gone huh you know it's just like everybody so you know i i was in eth um you know top top stuff chain link was like first thing i ever bought that one

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