Keep Custody of Your Crypto & Earn Passive #XRP - NOEMTN

EP.009 w/@reaperfinancial1649

Reaper Financial offers a self-custody service for holding cryptocurrency,

particularly XRP, and provides a way for users to earn passive income while
paying off debts and potentially becoming a global bridge for all currencies.

 00:00 💰 Reaper Financial offers a self-custody service for holding cryptocurrency,

allowing users to earn passive income in XRP and other tokens.
o Patrick Riley from Reaper Finance discusses the concept of using assets like
XRP, XLM, and XDC to generate passive income by bringing them into a
financial institution for custody and earning interest yield.
o Reaper Financial offers a self-custody service for holding cryptocurrency in a
hard wallet, providing passive income in XRP and other tokens.

 02:20 📈 XRP becoming a global reserve currency could change how it pays out to
investors, but the speaker believes it will continue to pay out in XRP; there may be
pushback against government-imposed accredited investor limits as it could be seen as
discriminatory and a violation of constitutional rights, potentially becoming a political
issue for left-leaning politicians.
o If XRP becomes a world reserve currency, it may change the way the company
pays out to non-standard investors, but the speaker believes they will continue to
pay out in XRP and that it will become the global reserve currency.
o There may be government elements, particularly in the United States, that want to
implement new accredited investor limits, but there could be constitutional
pushback against it.
o The speaker argues that requiring accredited investor status for the use of XRP
would be discriminatory and a violation of constitutional rights, and suggests that
targeting cryptocurrency in the United States could be a political issue for
politicians on the left.

 06:04 💰 Reaper Financial offers a way to earn passive income in XRP while paying off
debts by making payments directly from bank accounts, using an inflationary system and
token sales to create value and distribute funds.
o The speaker discusses the possibility of a great reset in the new system, but does
not believe it will happen.
o Reaper Financial offers a way to earn passive income in XRP while also making
payments towards holders' debts by logging into their bank accounts and making
ACH or wire payments directly towards their liabilities.
 o The speaker explains that they have implemented an inflationary system in
cryptocurrency where one million tokens are added per month, allowing for the
creation of value in the system.
o The speaker explains how they create and distribute funds through the sale of
tokens at market value, using the income to pay off debts, buy and burn other
tokens, and provide XRP as passive income, while also discussing the impact of
market value fluctuations on token supply and demand.

 10:09 📝 Token Ascension is a decentralized Index Fund on the XRP ledger that eliminates
the need for centralized custody and allows users to earn various tokens through airdrops,
while Flare is facing issues and delays; Reaper Financial offers a token for donating to
charities and earning passive income.
o Token Ascension is a decentralized Index Fund on the XRP ledger that allows
users to earn various tokens, including Bitcoin and Ethereum, through airdrops,
eliminating the need for centralized custody.
o Flare is currently facing issues and delays, while Reaper Financial launched
before Flare and had a successful airdrop.
o Hugo needs to find a CEO quickly as they have taken on a significant amount of
liabilities, and while the speaker is not impressed by Flair, they appreciate that it
is built on the xrpl and offers potential services.
o The xrp Ledger will be adding an advanced airdrop tool for Bitcoin and ethereum,
as well as integrating gold and silver bullion, allowing users to transfer gift card
balances to partners like Max or Lear Capital to purchase physical gold, silver, or
coins.
o By Bit is a trustworthy exchange that has partnered with the channel and offers
ISO 222 tokens, except xdc and Quant, and the speaker encourages listeners to
create an account, deposit money, buy xrp, and move it to a Cold Storage wallet
to show engagement and potential opportunities for the community.
o Reaper Financial offers a token that allows users to donate to charities and earn
passive income, with a team of about 30 members.

 17:15 💰 Reaper Financial allows users to have custody of their crypto assets and earn
interest yields, connecting to 28,000 banks globally, with potential returns divided into
percentages for reaping, fees, XRP stimulus, and an interest-bearing account.
o The speaker introduces the team members and their roles, including the CEO,
CTO, CMO, CFO, and board members, and mentions their backgrounds and
positions in various companies, highlighting the borderless nature of their work in
blockchain.
o The speaker discusses the international challenges of linking and interoperating
with different banking systems, but mentions that their platform can connect to
28,000 banks globally, allowing users to have custody of their assets and earn
interest yields.
o Returns from the sale of tokens are divided into percentages for reaping, operating
fees, direct xrp stimulus, and an interest-bearing account, regardless of the amount
contributed to the network.
 o Reaper token holders can calculate potential yields based on their investment
amount and time frame using the Reaper calculator, but specific returns cannot be
promised due to regulatory constraints.
o The speaker discusses the potential impact of a large investment in a small market
cap cryptocurrency and the need for diversification, but believes that as the
market grows, solutions like the one being discussed will become more sought
after.

 23:49 📈 Reaper Financial offers a way to earn passive income with XRP by buying
Reaper tokens, but caution is advised; they also have plans to become a central bank-like
entity and scale globally using XRP Ledger.
o To earn passive income with XRP, you need to buy Reaper tokens using XRP or
USDT on BitTrue, move it off the exchange, and hold it on a trust line, but be
cautious about taking on debt or risking more than you can handle.
o The speaker discusses the idea of a company that can potentially help pay off your
mortgage faster by adding to your assets, but acknowledges the need for caution
and realism.
o Reaper Financial plans to acquire a bank and become a central bank-like entity to
provide services to small nations and institutions like the Federal Reserve, with
the goal of scaling up globally using their native assets on the XRP Ledger.

 27:50 💰 Investing in cryptocurrency, particularly XRP, is a revolutionary opportunity for

those prepared for sudden wealth, as it has the potential to become a global bridge for all
currencies and a medium of exchange for central bank digital currencies.
o The speaker discusses the importance of paying attention and being aware of
revolutionary opportunities in the cryptocurrency space, particularly for those
who are prepared for sudden wealth.
o Investing in cryptocurrency is a better option than holding dollars, and it is
important to consider how people value their tokens and generating cash flow, as
well as investing in education to manage sudden wealth syndrome.
o XRP's price is not the focus, but rather its potential as a global bridge for all
currencies and as a medium of exchange for central bank digital currencies
(CBDCs).
o XRP will become a universal reference point for measuring value, with one XRP
representing one 100 billionth of the total value of all money, and the worth of the
dollar is uncertain.

 32:19 👍 The speaker expresses gratitude for the interviewee's time, effort, and
contribution to the XRP community.