“The train has left the station” – Rosie Rios, 43rd Treasurer of the United States, Ripple Labs Board Member, 2022.

Hello WF Family,

It has been two years since I last posted here, and a lot has changed. We’ve had Australian bushfires, Prince Harry and Meghan Markle quit the royal family, Kobe Bryant and his young daughter, Gianna, passed away, COVID-19, the stock and crypto market crashed, and so much more…

But, in the midst of all of this, something has been changing in the background – our international monetary system.

For the past few years, technology company, Ripple Labs, has been building relationships with banks, institutions, and world leaders creating partnerships and contracts for their payment settlement and currency exchange products. In the most basic sense, using the digital asset, XRP, Ripple can facilitate cross-border transactions using the XRP Ledger, for a fraction of what it costs to use SWIFT, which is the current financial messaging system which according to the US Treasury, handles roughly $5 trillion per day, or about $1.25 quadrillion dollars a year.

I could write a whole book on how the World Bank considers XRP a currency, the Ripple v SEC case is smoke and mirrors, the IMF is pushing for CBDC’s (central bank digital currencies), and how Ripple Labs being the first crypto company on the board of ISO 20022 essentially guarantees that XRP will be used (it is also one of the less than a dozen confirmed ISO-compliant cryptos), but I truthfully do not have the time!

All I can say, is that in my honest opinion, the interest rates are increasing for a reason, companies and institutions are hoarding XRP while they can; even through this “bear market”, the whole world is essentially waiting for the SEC to lose this case so they can use Ripple’s technology the way that they want, and the CTO for Ripple, David Schwartz said himself that in order for businesses (and countries) to use XRP efficiently, the price of an XRP token needs to be at least $10,000.

When the discussion of price is brought up, most people consider things like “market cap”. They are sadly mistaken if they think that retail investors will be responsible for the price of XRP increasing. I believe that when this SEC case is done, XRP will be deemed a stablecoin, and the price will be set. What that means is that unless you have already bought XRP, the day that regulations are put in place, only current owners of XRP will reap the benefits of knowing what they own. Whatever that price will be, once it is set, no one will ever be able to make life-changing gains from it ever again.

I know many people who sold XRP throughout the ups and downs, and I know highly intelligent people who sold XRP when the SEC said they were going after Ripple. What I will say is that we are in the midst of the greatest transfer of wealth that we may ever see in our lifetime, and I refuse to be shaken out of what may be one of the most valuable digital assets we have ever discovered.

Only time will tell…

Until next time,

Live Long and Prosperous.


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This website and its contents are solely opinion-based. The information provided does not constitute investment advice. Accordingly, due to the information on this blog only being of personal opinion and experience, it should not be considered professional financial decision advice. The ideas and strategies expressed should never be considered without first assessing your personal and financial situation, or without consulting a financial professional. My thoughts and opinions will change over time as I learn and accumulate more knowledge.