Decoding ISO 20022 (relaunch)

YD5 actually see the same, you know, watching the DTCC's X account. They've been pretty quiet there, but actually, and this is something I'd do recommend just a quick research to get on the subscription list for these companies, for these institutions, get their direct notifications. So you are behind on any of their announcements for any of their recent publications. The DTCC recently sent out something on their subscription list. This was actually sent today at one o'clock PM. It was a documents documentation title. They crit critical enabler of digital finance, and it's just a rundown on what they're viewing the swift in cities, tokenization efforts, and how the DTCC is playing a role with that. So they're definitely active on their publications behind the scenes, but regarding their upcoming high-to-go launch, there hasn't been a specific date announced. But I definitely think that they're going to be pretty clear and not, you know, elusive when they finally launched the system more right before they launched the system. We can definitely look at their July 2026 pilot rollout as the exact manner that they're going to do with the official launch. It was a lot of enthusiasm, a lot of positivity, and high activity on all of their communication channels. So I definitely don't think that the DTCC will continue to, you know, keep everyone in the dark regarding their processes because they're pretty excited and enthusiastic for what they're ready to show the world. Understood, I appreciate that answer, and that's all I got. Got a question, Michael, are you there? Hey, Smoke, yes, I say, I am. Thank you for all you do. Hey, I'll make it real quick. It was curious about stronghold. Are they ISO compliant? And if so, what's your take on them? And then lastly, what do you think about custody, whether it's private or on an exchange? Thanks. No problem. So I think something that definitely is worth clearing up at this moment, definitely, there's going to be by association, direct leader and directly, ISO compliant technologies alongside these eight ISO compliant companies. But as we mentioned earlier in our last vases, Ripple was not just it had to accompany creating ISO compliant products. They're actually on their registration management group for the ISO compliant, the ISO committee. So they're directly tied in how these roles are being written, how these systems are being deployed, as opposed to just being a system that is by proximity ISO compliant. So these eight companies versus other tokens and platforms that will be absolutely compliant by extension of Ripple Stellar XTC, it's just a different degree of influence versus Ripple and Stellar that up stronghold has on the ISO registration management committee. That's why it's just a separate level of technical integration, a separate level of deployment utility wise because of Ripple's unique involvement with the standard. And also, I'm sorry, your second question on custody. No, gotcha. Thank you. Yeah, me personally. Co-stored 100% on my holdings. I do believe that in the future. And even recently, there was a crypto event in Korea, and so Korea that descent presented around Western tree Franklin Templeton, one how they're working on institutional grade custody within co-stored services. So essentially utilizing co-stored right now being very mindful of your past raises, being very mindful of your co-stored device. That is that the strategy that I'm implementing at the moment. And the future, however, when you're generating yield and your assets, when you're utilizing D5A's protocols, when you're utilizing institutional financial instruments to navigate, yield generating liquidity pools within a defiacal system. This is where I would say my migration from cold storage to institutional grade co-storage would likely begin as I would prefer to have that protection, that insurance, that institutions are utilizing the same protocols to generate yield that I will be using to generate yield on my native assets. And XRPL, XLM, are definitely growing out their D5A's ecosystems. And you would definitely want to do that under secure circumstances. Wonderful. I appreciate your feedback. Thank you. No problem. The room might already there. Just accepted your request. You can unmute your mic now. The room might, if you're there. Yeah, I'm right here. Sorry, Smoke. Appreciate your content. Been following you. I had a question about Quant. And obviously after its recent move and it's kind of come back to Earth, I think I saw a post from you that indicated not to sell before staking and correct me if I'm wrong on that. But I wanted to get more of your thesis with your post on holding prior to the staking opportunity with Quant. 100%. Do you think that when you're looking at an asset moving quickly, when you're looking at an asset or appreciating and pricing is easy to make irrational decisions? And also, well aware that a lot of people when they're chasing green candles when they're chasing trending asset like Quant, they don't really have a forward thinking mindset or an event in the future that they're holding for or an event in the future that they're either going to take profits around, utilize their assets for passive you generation. That was just a small, a small piece of wisdom to anyone with that is interested in just growing outside of a short-term strategy of buying Quant at $100 selling at $500, transitioning it into completely Fiat and moving on with your life. I definitely think you can do much more with getting it to Quant at these current levels and also with the forecast and predictions of upcoming Quant staking being launched on the public main net. That is something that of course anyone that is accumulating Quant at this moment will have the privilege to participate in compared to someone who sells all their Quant before staking his life. So as a Quant older, you will inadvertently grant yourself the ability to earn more Quant participate in a staking ecosystem by holding the asset instead of selling before that capability goes live. I can appreciate that. I just wondered if perhaps you thought the opportunity was staking would just be another trigger for growth on it. Would that be another herabolic move once they come out with the staking opportunity? I think that will definitely be something that will contribute to future price appreciation. Maybe the announcement perhaps put on that's even more so reason to hold throughout the announcement because you're not sure with the 100% certainty if that move will happen or not, but that capability being available that doesn't need a parabolic move to happen. It's more so about developing a long-term strategy. Whether that move happens or not, having that capability to stake your assets that's definitely a more important indicator to follow. I heard. Appreciate it, man. Keep up the good work. No problem. Great question. By the way, see me have a few more requests just to get those before we wrap up our conversation. We got caught out there in the air spoke. I didn't want to just jump in. I thought you might call me up again, but it was interesting cut out there. It's almost like somebody out there was like, put it off right now. You left us hanging a lot of us in the crowd there. They were waiting for your answer there. They're like, Ili, you got to do it. You got to ask it. I'm like, all right, I'll ask it. No worries. We're waiting for smoke's answer. I'm saying, I'm sure. Look, we already know what you're about. What you're about. But there's the ledger right now. Could you use a billion dollar meme coin? I understand. I thought everyone heard my answer, but just for down to repeat it, I personally do not hold any meme coins. That was the shortest answer, Aaron, smoke. That was the shortest answer ever. I don't hold any. You ever thought about it, were you ever tempted to or anything like that? Me personally, if you don't mind, how long have you been as a crypto? Since 2020. Got it. Me personally, not that far from me, entered at the height of 2017. Pretty much it's learned a lot, seen a lot observed a lot in this space and also understanding that the moment for meme coins and moment for speculative assets that definitely came even after I entered the crypto space and crypto ecosystem and definitely with a lot of gains to be made. But I definitely think as time has went on, the success of the meme coin ecosystem has become much more difficult to harness. And again, I do believe that in the past, even in 2024, there was plenty of meme coin opportunities available and meme coin opportunities to make exponential returns. But for me, and the risk mitigation strategy that I'm implementing around the institutional forecast for these assets that has just dictated and determined where I allocate my capital and just the stats that I've seen with meme coins are just having. Again, high death rate, low return rate, that's essentially the precise reason why I allocated 100% of my capital toward utility based narratives. No, it's the way to do it, to be honest, most people are not as risk tolerant as others, right? And obviously to use their own, but I can't help personally on a personal level to at least risk 10% of my bags, right? Or what I hold on any asset, right? I'm mingle don, Salana, I'm mingle don, you know, I bought Pepe, Doge, you name it like early and most of these tokens, seven cents, seven doge, right? And that ended up giving me a lot of XRP, right? For a lot of people who don't have as much money or didn't have as much money at that time, these were great opportunities. And I totally agree with you that meme coins are very risky, super risky, especially on a blockchain like Salana, especially over there, just narrative after narrative. And you just get like, you get brain fried, you don't know what's coming next, right? But this is why I think the XRP is a lot different and more, more special in the dip, because we're like a more older crowd, where we don't just let any meme run in a sense, like even when we buy a meme, we want more than just a meme sometimes. We're like, oh, utility, well, a meme as a meme doesn't need utility, but there is a certain token on the ledger, which I'm pretty sure you buy now, you already know what I'm talking about, that has definitely changed the way any meme coin in the world should function, because what fuzzy has done on the ledger is unreal. It has, it has, it can, it can easily surpass all these other quote unquote meme coins that are just simply meme coins. And yeah, fuzzy is on another level. I don't know how long you've been, if you were or have even tried to keep up with it a little bit, but it's, it's very interesting. I think we should become friends and I think you should come to our spaces sometimes and, you know, mingle. I appreciate that invite. That would be, that would be nice. I agree. Definitely we can arrange something of the sort. Send that ball of smoke, let's fucking get it, man, part of my language, let's get it. Okay. Looking forward to it. I would like to also, I'm probably gonna end up hooking you out with a fuzzy NFT as well. So, you know, I'll, I would love for you to be on board to be honest, you know, I'm saying you do a lot for the ledger, you know, you bring out a lot of information. Some people might not agree, some people agree, I myself them to agree with the things you, you know, you research and, you know, we align on that stuff and what fuzzy stands for again is one XRB equal and one BTC XRB will flip BTC. That's the message loud and clear. So, you know, you believe that then it is what it is, but yeah, let's get familiar. Let's get going. I don't want to waste your time more than that. I appreciate you bringing me up on stage and giving me this opportunity to, you know, get to know each other. So we'll take it from your math. Appreciate you. Thanks for coming up, Ellie. Appreciate your participation. God bless. I would say we can make these our final two questions from Matthew and Hector. I hope everyone, again, has enjoyed this space. I certainly have and definitely enjoy looking forward to future spaces as well, but I'm mapping first. Hey, Smok, I had a quick question about ODL maturity. Do you think, because Brad talks about winning the markets in return after taking flip ODL, do you think that will be front run by like consumer excitement or that come from financial institutions, kind of funding the liquidity for the market to be mature enough for ODL to be effective? Like, what are your thoughts about that? That's a good question. And I think at the moment that we're in with the institutional excitement around crypto. And also with utility assets, just not being on the mind of most consumers technology and finances. These are the two most complicated concepts in just in general and crypto combines both of those. So when it comes to ODL being activated into