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XRP *HUGE WARNING* NO ONE WILL BE ABLE TO BUY XRP AFTER THIS | XRP NEWS TODAY! - YouTube
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why would anyone want cryptocurrencies to聽
fail why would governments try and regulate聽聽
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cryptocurrencies why is sec trying so hard to win聽
the case against xrp and what is the worst case聽聽
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scenario for the crypto world those four and a few聽
more questions will be answered before the end of聽聽
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this video don't think that we are promoting some聽
conspiracy theories when we mention the elite in聽聽
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the title of this video no not at all the elite聽
is not some illuminati type of organization the聽聽
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elite as we define it is the wealthy people that聽
are closely connected to the government and try聽聽
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to suppress any and all things that challenge and聽
compete with them and elite is also those people聽聽
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in positions of power as high-ranking officials in聽
governments and so on we are going to talk about聽聽
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this today and i will show and explain to you why聽
some of these elite want xrp to be regulated out聽聽
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of existence this is xrp daily and as the name聽
implies we talk about xrp every day you can get聽聽
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a chance to win 25 dollars worth of xrp we have a聽
giveaway twice every month so if you decide to try聽聽
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your luck and maybe win some of those sweet xrp聽
tokens you just need to subscribe to xrp daily聽聽
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and leave a comment in which you tell us why you聽
think xrp is an interesting currency and now with聽聽
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that out of the way let's discuss the title of聽
this video why would anyone want crypto currencies聽聽
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to fail there are many reasons why people would聽
want cryptocurrencies to fail the most innocent聽聽
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one would be the fear of change the last hundred聽
years have been incredible in terms of development聽聽
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one hundred years ago the world was completely聽
different than it is today even just twenty years聽聽
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ago the internet was a new thing the video games聽
were new things the world changes quickly whether聽聽
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we wanted to or not most people do not like change聽
especially when the change is so enormous that it聽聽
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changes the way you live the currency banking聽
system and financial system in general might be聽聽
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far from perfect but it is currently a status quo聽
and some people just want things to stay how they聽聽
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are because the change is scary there is no doubt聽
that cryptocurrencies will change how we live聽聽
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it already has and it will continue to do so aside聽
from normal people like you and me others might聽聽
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have a little bit worse reasons for wanting聽
cryptocurrencies to fail the first and most聽聽
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well-known institutions that want cryptocurrencies聽
to fail are banks not all but some banks and it聽聽
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makes sense doesn't it when you can make money off聽
of other people just transferring their money from聽聽
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one place to any other why would you want to聽
release that way of making money you wouldn't聽聽
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imagine if your neighbor took a portion of your聽
money every time you put your money from your聽聽
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wallet to your piggy bank he was putting that聽
money from your wallet to the piggy bank but then聽聽
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you realized you could use this life-changing tool聽
named hands and do the transaction by yourself聽聽
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would your neighbor be happy that he doesn't聽
get the money anymore wouldn't he want you to聽聽
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break your hands and if he became desperate聽
enough wouldn't he try to break your hands聽聽
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without you realizing it is he who is trying to聽
do that my comparison skills are amazing okay聽聽
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we got the fear of change and fear of losing money聽
out of the way what is left i'm glad you asked the聽聽
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next ones that would want cryptocurrencies聽
to fail are those in the government聽聽
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especially those that are high ranking and are聽
connected to the financial side of governing聽聽
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as with normal everyday things cryptocurrencies聽
give us ways to solve bigger problems like聽聽
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inflation for example i'm pretty sure you聽
know what inflation is but for this argument聽聽
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i need to explain it inflation is a rise in prices聽
in an economy when inflation happens the currency聽聽
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of a country can buy fewer amount of things than聽
it was able to buy before if a currency has a four聽聽
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percent inflation rate that would mean that a year聽
from now to buy the things that you are buying for聽聽
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a hundred dollars today you would need a hundred聽
and four dollars next year to say it simply聽聽
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inflation is the devaluation of a currency one of聽
the leading causes of inflation and certainly the聽聽
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worst offender is the printing of money when the聽
government wants to do something stupid but does聽聽
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not have money it can print more trouble is that聽
the printing of money is causing prices to rise聽聽
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that is bad for us normal people but it is a way聽
for the government to create money out of thin air聽聽
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now imagine if currencies had an upper limit聽
after which there cannot be printed anymore聽聽
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that would be perfect for inflation to become聽
a thing of the past and guess what is forcing聽聽
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more and more people to save their money saved聽
into cryptocurrencies that's right inflation聽聽
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cryptocurrencies like bitcoin have a limited聽
supply there can only ever be 21 million bitcoins聽聽
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ever that means that if bitcoin was a currency of聽
a country the government would not have any way of聽聽
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printing more and this is just one aspect聽
and argument of why governments do not like聽聽
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cryptocurrencies having the ability to monitor and聽
see what every citizen does with his money is a聽聽
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whole other thing and so on not having the ability聽
to print more money will restrict the government's聽聽
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ability to give away free stuff which will not be聽
liked by their voters and if there is one thing聽聽
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every government wants it is to keep the power聽
and having voters dislike you is not a very good聽聽
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way of retaining power therefore a new invention聽
that literally threatens the government's power聽聽
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is a thing that government automatically does聽
not like why would governments try and regulate聽聽
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cryptocurrencies well i kinda already answered聽
that question in the last paragraph but repetition聽聽
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makes the memory as the saying goes when you聽
want to stop the threat to your power you try to聽聽
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stop it and the best way to stop something is to聽
restrict it right well no but fortunately for us聽聽
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the government is comprised of people and people聽
are dumb restriction and regulation cannot destroy聽聽
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an invention but it can significantly delay聽
its mass adoption and at this point that is the聽聽
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best thing that the governments can hope for until聽
they come up with another thing to gain votes from聽聽
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securities and exchanges commission's lawsuit聽
against ripple xrp is one way for the government聽聽
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to try and regulate an innovation they might lose聽
the lawsuit but they have already done the damage聽聽
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the fact that xrp does not already reach the聽
sky might be exactly because of the lawsuit聽聽
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not so long ago sec also sued bit connect for聽
the same reason they sued xrp and these kinds聽聽
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of lawsuits are likely to continue until there聽
is a proper definition of cryptocurrencies made聽聽
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and that will come far into the future sec聽
winning the lawsuit still won't be enough to聽聽
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completely destroy ripple xrp but it will do a lot聽
of damage and the most amount of damage it can do聽聽
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is to cause people to lose confidence in聽
cryptocurrencies if there is anything that聽聽
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the elite are trying to do is that they want聽
us to lose confidence in the crypto world聽聽
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and by proxy they want us to lose confidence in聽
a decentralized future as olawale daniel said the聽聽
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government wants to fool its people by doubling聽
the minimum wage but at the same time printing聽聽
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more than enough money into circulation we can't聽
solve problems by creating more problems for聽聽
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generations to come which is why bitcoin and some聽
other decentralized finance applications powered聽聽
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by blockchain technology looks to be our only hope聽
of creating a better future the best thing you can聽聽
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do to accelerate the adoption of cryptocurrencies聽
is to learn more and then promote it yourself xrp聽聽
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and cryptocurrencies in general are going to聽
be part of our future whether we want it or not聽聽
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the sooner we realize that and act accordingly聽
the better this is xrp daily don't forget to聽聽
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join the giveaway by subscribing to our channel聽
and commenting on anything you want on this video聽聽
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if you like this video and want to see聽
more big picture videos like this video聽聽
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thank you for watching we will meet in the聽
next video and until then have a beautiful day
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