WE COULD HIT UP 200 FOR THE
TAO.
IT HAS FAST BECOME THE LESS
EXPENSIVE OPTION IT ISN'T
SIGNIFICANT DECLINE.
UP ABOUT 26% THE COLOGNE QUEEN
BASE THAT IT WOULD SOON ADD
THE DIGITAL CURRENCY TO ITS
OWN MARKETPLACE.
30000% LAST YEAR ALONE.
LET ME TO SAY YOU ARE AN
INSTANT BILLIONAIRE HERE.
IT HAS CERTAINLY BEEN AN
EXCITING YEAR.
REFLECTION OF THE PROBLEM IS
SOLVING.
THE VALUE THAT HAS BEEN
CREATED HAS ALL BEEN ABOUT.
WHAT'S GOING ON HERE.
THERE ARE WHOLE BUNCH OF
ISSUES AT PLAY.
THERE ARE PEOPLE WHO ON THIS
NOW.
IT'S ABOUT $3 OR SO IT'S MUCH
LESS EXPENSIVE THAN BIT COIN
WHICH IS THOUSANDS AND
THOUSANDS OF DOLLARS.
WHY IS IT DROPPING.
I THINK OVER THE LAST 30 DAYS
X RP IS UP OVER A THOUSAND
PERCENT.
I THINK WHAT YOU ARE SEEN AS
THERE IS A LOT OF VOLATILITY.
IT HAS BEEN TRUE FOR X RP.
THE MARKETS ARE THERE.
WHAT I THINK IS REALLY CAN
GETTING A NEW ASSET CATEGORY.
I WILL KEEP GOING BACK TO
THIS.
FOR RIPPLE THAT IS USING THE X
RP TO SOLVE A GLOBAL PAYMENTS
PROBLEM.
$27TRILLION OF MONEY PARKED
PAYMENTS BETWEEN THEMSELVES.
IT COULD BE VASTLY FASTER AND
LESS EXPENSIVE.
LET'S GET TO THE NEWS OF THE
DAY AND THE MOVEMENT IN IT.
OBVIOUSLY THESE THINGS ARE
EXTRAORDINARY VOLATILE.
IT WAS AROUND WHERE THE HIGH
WAS FOR BIT COIN.
YOU DID START WITH SOME GOOD
NEWS.
THAT WAS A THE TOP THREE MONEY
TRANSFER SITES.
CROSS-BORDER TRANSFERS.
THE HAD PARTNERED WITH YOU
GUYS.
SOME IN THE CRYPTO COMMUNITY.
IT HAS REALLY BEEN PROACTIVE
IN WORKING WITH FINANCIAL
INSTITUTIONS.
THE NAME.
WE ANNOUNCE WHEN THEY ARE
READY TO ANNOUNCE.
WE ARE PUBLICLY SHARED.
ARE YOU CONCERNED ABOUT THE
FROTH AROUND EVERYTHING
RELATED TO THE WORD BIT COIN
AND BLOCK CHAIN.
JUST ANNOUNCED TO THE MARKET
WE ARE CHANGING OUR NAME AND
IT CHANGED IN THE LAST 24
HOURS TO BLOCK CHAIN WE ARE
THAT STOCK NOW WHAT USED TO BE
WHAT USED TO BE IT IS DOWN 20%
TODAY.
AND PEOPLE HAVE WOKEN UP AND
SAID THERE WASN'T REALLY A
MEANINGFUL CHANGE.
WE ARE IN THE INCIPIENT.
AT THE END OF THE DAY WE ARE
LONG-TERM.
AND WHEN I SEE SOME OF THESE
THINGS HAPPEN.
WE ANNOUNCE THE FACTS THAT WE
ARE WORKING WITH THE BANK OF
ENGLAND AS AN EXAMPLE.
WE ARE GOING TO KEEP WORKING
WITH THE SYSTEM BECAUSE I
THINK THE EARLY DAYS ARE ALL
ABOUT DOWN WITH GOVERNMENT AND
BANKS.
TO DRAMATICALLY IMPROVE THE
WAY AND IMPROVE THE FRICTION
FOR HOW IT MOVES GLOBALLY.
WHEN YOU ARE ALLOWED TO NAMES