Inside the Ledger: XRP & ISOs — The Utility Endgame | @SMQKEDQG

of the most prominent voices in the space, especially in XRP. We had NFA.crypto on, we had bird, last week, we had apex, and now we have one of the best researchers in the game. Not only XRP, but all ISO tokens, smoke, smoke, dog, how are you, man? I'm glad to be here. Great tool for the invitation. Definitely looking forward to the conversation today. I've been just expanding the education, expanding the research to different roles and aspects of the crypto industry. And I think this is a perfect audience and share some pretty pertinent information with. So again, thank you for the invite. Yeah, of course. I think the last month or so, I've been seeing, I've been seeing them a lot. And I think that's because one of two things, the recent quant pump and essentially every, it seems like everyone's being concerted to ISO tokens. It seems like the interest to ISO tokens are now being peaked, so to speak. And people are starting to understand what they represent and the utility they'll have and how that translates to value. Before we delve down that rabbit hole and that subject matter, I just want you to give a brief overview or a long overview of your background and which, what you provide to the space. No problem and definitely will be concise. I'm definitely sure my journey a few times, but just for anyone who hasn't heard, my crypto journey began in late 2017 at the height of the bull market. And at that time, my only exposure was some gifted Bitcoin from a mentor of mine. And at that time, did not have nowhere near the knowledge that I have currently awarded the information that I have currently. And at that point in time, I was just an extreme observer mold looking around, looking at people lose money, make money. And essentially my mentor generating a lot of wealth from his Bitcoin investment, Tick Mineshres. And after I would say, not that long about less than a year, I started to truly branch out to other opportunities as it became pretty obvious to me that Bitcoin truly wasn't the wealth creation investment that I was looking for, despite all of the narratives and projections and theories around Bitcoin's future price. And even at the time, it was likely less than 20K compared to now definitely would be viewed as an opportunity to many currently based on Bitcoin's current price action. But I truly believe after doing my research, looking at all coins, looking at other opportunities that are much more devoid than Bitcoin and Ethereum, together that there was other opportunities to look at venture into research, to turn modest amounts of capital into massive muscle capital, like the early Bitcoin and Ethereum investors. And that drew me to XRP. And of course, the fundamentals of my next Rp, the story behind it, the integration of the partnerships was much different and much more professional in a way that I preferred, in a way that was easier to follow than something like a dogecoin or a Bitcoin and following this professional narrative of assets that are going to be utilized for something that makes sense, something for financial reasons, something that makes their coins for the lie upon infrastructure that the new financial system was going to be built upon. That was a much easier line of thoughts to follow than the digital gold narrative or the meme coin narrative seeing something like the dogecoin story just was hard to again compare and value to XRP despite the dogecoin pump, the legendary dogecoin pump of the past. I still invest strictly into what the banks were looking at and after venturing into XRP, a lot of my research, a lot of patterns that I observed started to highlight XLM, XCC, stellar, or Iota, quant, algorithm. And that was something that I couldn't ignore. That was a pattern that I wasn't going to overlook. And I would say around 2020, 2021, that's when I began to share my research publicly. That's when I truly started to see ISO as a serious investment strategy to prioritize to base your entire portfolio upon as anyone who was interested in generating wealth and crypto and generating wealth and serious investments in digital assets that were looking beyond Bitcoin and Ethereum. ISO stands above all other areas in this space. And I think the recent shift that you mentioned is a perfect confirmation of the ultimate inevitable direction that this space was ultimately going. And that's just towards regulating compliant efficient scalable protocols and all ice compliant protocols fit the bill for the all coins that banks are looking for that will fit their requirements, fit their high volume, high payment, avenues and venues that they own and operate. And all of these ice compliant assets are simply the best candidates for integrations. And that is why they're chosen as a core compliant assets and looking at how they're viewed, how they're being adopted, how they're being integrated in a very systemically important way. This is again, a pattern that I wasn't over going to overlooking a lot of my research is based on ISO. And a lot of people who've been following research for years can definitely attest to that. And fast forward from 2020 to 2021 to now, the research has grown more relevant, more recent, more expansive, more people have gravitated towards the research. And here we are. Got it, got it. Thanks for that overview. I listened to all those spaces and I did hear that you entered the space in 2017. I'll just give a quick overview of how I entered the space. As many of you know, I entered the space. Same time as you smoked 2017, I think it was late 2017, early 2018, when coworker of mine at my first professional career job showed me his wallet. And he was like, hey, man, I got some light coin. I think it was like, I don't know, $10 at some point. Then it went up like $50, $60. And I was like, wow, this is an opportunity. So already being in engineering by trade, I work with computer networks and computer systems. I was able to wrap my head around the technology aspect of it. Although I didn't understand it completely, the price aspect of it and the opportunity aspect is what captured me. So XRP was actually the first crypto that I bought. Among other assets, I think I had bought some light coin, some Ethereum. But it was the first time I was investing. So obviously I made all of the critical mistakes that novice investors do. And I kind of forgot about the space. You know, I was like, oh, man, I lost all my money. The little money that I have put into it. And then in 2022, the Bull cycle came around again. And we experienced a peak in 20, sorry, it's as a 2022, 2020, 2021. You know, I think that you work again. I got back into the space. Again, I made a ton of bad decisions. And I think it was 2022 during the, the bear market, that's when I actually took XRP and ISO seriously, because I had sort of a eureka moment where I was like, you know, based on all the research and connecting the dots, I was like, okay, this may be the next best thing this may be able to revamp the financial system, essentially Bretton Woods 2.0. So I wanted to ask you, did you have that eureka moment? Did you experience that or did you come in right away and identify at XRP and other ISO tokens as the infrastructure tokens of the future? Or did you, you know, delve into some meme coins or just some coins, some random coins, and then eventually your research started to lead you towards that eureka phase or that eureka moment? That's a really good question, Mitch. And I would honestly classify it as multiple eureka moments. So I do remember just multiple massive just chapters within my journey. And I would say one of the major first eureka moments was discovering ISO. I think of course, discovering XRP was a major one. But I do think, you know, and everyone's early XRP exposure that, you know, it's just when moon, when will this asset go up? When will it increase in value? It will increase any day now, it will flip overnight. And that is essentially the narratives that I was married to the first few months of getting into crypto and XRP. And that was not sustainable. That was not something that was going to help me with my goals and help me actually navigate this space in an efficient manner. So of course, I had to level up my maturity, level up my perspective, level up my respect for research, my respect for this industry, and also understanding everything that I miss, understanding that I didn't know everything and doing that deep research to catch up with everything that I miss because I did not get into crypto in 2009. That would have been the most ideal time for everyone who was interested in becoming a ground level investor at ground level asset prices, accumulating Bitcoin Ethereum at once in $1. And, you know, not having to stay in crypto for all this time and searching for opportunities, you could just get into the opportunities early and recognizing that respecting the discipline and the patience of even early Bitcoin Ethereum investors that taught me that there was a lot of discipline and patience that I had to work on myself as I began to navigate the all coin space. But discovering ISO is what I would say was the first eureka moment for me because it was a lot of confusion for everyone. I think even now for new investors, it's a lot of direction that you can get pulled into. Do you just have a Bitcoin-based strategy and Ethereum-based strategy, a layer two strategy, a default strategy, a mean coin strategy, and if C strategy, you are inundated with a lot of different directions and recommendations and investment thesis for your personal strategy. And I think that's very confusing for a lot of people and having a straightforward, clear, systemic strategy that has a risk mitigation device, something that doesn't allow you to waste a lot of capital to preserve capital for the long term. These are all the investment principles that I practice to make sure that I don't fall for any narratives that I'm not being tricked by any consensus thought group think and having a strict regimen for my research and my investment led me to these eureka moments. And the first one was discovering ISO, discovering that there was a serious direction, a serious path for adoption. And ISO was the most clear label for what was going to be serious, what was going to be adopted by governments and central banks. And I think my second euphoria moment, after solidifying my strategy and understanding exactly where I was going to place 100% of my investable capital was also understanding the scope and scale of this opportunity. This isn't a, you know, small scale opportunities and something that's going to come and go pump and dump fade away in a relevance when I'm discussing digital asset adoption and blockchain adoption, stablecoins, rural asset tokenization, wrapping my mind around this entire opportunity. That was another eureka moment where I understood that everyone who's in this space, everyone who's investing at these assets at ground level at undervalued price regions they're all going to receive massive abundance, depending on how long they stay in this space simply because these are assets valued in the millions, sometimes billions, and they are going to be valued in the trillions of dollars in the future. And that is going to come faster than most people expect. That it's going to be larger, it's going to, the bulls-eye was going to last longer than the average person expects as well. All of these things truly brought a lot of peace to my mind as I thought that originally years ago, 2018, 2019, I was going to have to wait for 20 years for my investment to pay off, 20 years for any sort of work and discipline to pay off. I was willing, I was open to, but of course not happy to accept that idea, but as I did my research, I began to recognize and realize that it was not going to take 20 years, it was not going to take 10 years, and it's actually going to be much more on the other side on the reward end for investing into crypto, looking at digital assets, being ahead of everyone, not falling for narratives, not falling to the retail speculation, actually looking at what institutions are going to do. That is a massive advantage, that was a massive advantage, I wasn't going to overlook, I was a massive advantage that was blaringly obvious, that if you have a serious strategy, if you look at where all the capital is going to flow, regarding trillions of dollars into compliant, efficient, scalable, environmentally friendly, quantum resistant protocols, that is exactly how you're going to secure your capital for the long run, generate massive wealth, and avoid all the scams in the space. So I would say both of those back-to-back-y-recon moments truly helped me develop a sense of peace, a sense of just comfortability with this space and understanding that the timeframe that I'm going to wait is not going to be extremely long and also the reward at the end is going to be extremely worth it. That was an amazing answer, Smoke. Listen, I think we are very common in terms of how we look at this thing, right? Because you mentioned something, scale. Not a lot of people understand the scale of isotocons or just crypto in general, right? We're talking about a revamp of the entire financial system, everything that we've come to know, the old system, TCPIP, the old way that value moves across borders, tokenization. I don't think a great subset of people understand what is to come, and it's almost like it's going under their noses, right? And that's why I think we're very lucky, even though we represent a very small percentage of the world's population, I think the other day I did a calculation, just a rough chat GPT has said how much of the world's population is invested into XRP, and the relative figure was 0.025%, which is peanuts. Now imagine the other isotocons. We're talking about the great XRP, XLM, XDC, H-Bar, Algo, Iota, ADA, and Quant. And like I said, it's almost seemingly like people are sleepwalking towards this transformational shift, but like you mentioned, there's a lot of hurdles. And it's not, I always tell my friend, this is not really opening the app and buying some crypto, it's just dealing with the narratives, going on X, watching the news, and then reading something, that kind of diswades you from staying convicted in this space. So that's why we appreciate personalities like you, researchers like you, who can help solidify the tech side of things. And we get a better understanding. So that's why we appreciate you, another researches and other personalities in this space. We're gonna, I think in 20 years, we're gonna sit back and be like, oh man, you remember when this thing was like the best kept secret, and now we see the fruits of our labor being produced.