I said to my friend 5 years ago that the UK would quietly get on with it bcos we are the financial capital of the world and they will not want to relinquish that status so they will ensure they adopt and adapt to changes. UK is a service driven economy so it is vital they adapt. Bravo UK, something we can be proud of for once.
Outstanding interview with vital information. While I’m not from 🇬🇧 UK I’m eternally grateful for your forward thinking while the US regulators remain greedy and backward thinking
As a kiwi I am happy. Whilst we are independent; as part of the commonwealth we tend to apply English common law here as our starting point and so this gives a foundation for our own regulations.
Maritime law is the law of international trade and like the world of money it uses many "water" words, liquidity, river banks, cash flow...ripples and drops too?
10 years ago I lived in London for a couple of years. Back then banking was cheap, fast. I could transfer money and it would be in another bank within minutes, even faster than e-transfers today. I came to Canada, the same bank, and they told me "oh no, its different here... its much slower, more fees...". I am not surprised, we'll see what happens in years to come.
I was in the Merchant Navy. The blackmail in Ports say in Nigeria is ridiculous. These Blockchains will help to remove these gangsters taxing and slowing down ships and cargo moving though. Including drugs squads RSPCA , police ect. THe world is extremely corrupt I expect for a while some of these port gangsters will make some noise , after a while they will take their crime somewhere else. It will be hard to lose paper work now lol
He drained the life out of this new legislation in the 🇬🇧, small correction happening now, load more on maybe the final dip before you're priced out. Anything under a buck or .20 XRP and XLM is an absolute bargain IMO. Cheers Lewis, thanks for sharing 👍
I am relatively new to your channel. Lewis is great. Today due 23:27 to the content of your video. The light bulb when on. This is a fascinating world we live in. If my thinking is correct. I will have the ability to choose what I purchase base on my personal preferences. Go UK
I think the shipping aspect is, because. They set a world price that every country had to abide by for sending ONE container by shipping.. No matter what was in the container. I think that will be incorporated no doubt into the digital age..
I also think governments will use this tech to tax and monetise imports/exports and resources management based on carbon footprint or embodied carbon. The track of food / livestock form birth to plate has existed for years and was digitised around the 2000`s when MAFF became Defra and EU subsidies etc. The same will come about with logistics, customs, exercise etc. Anything not tracked will just be destroyed I think.
You asked, why was the bill very nautical. Look up Admiralty Law, sometimes called Maritime law. Understanding Maritime Law In most developed nations, maritime law follows a separate code and is an independent jurisdiction from national laws. The United Nations (UN), through the International Maritime Organization (IMO), has issued numerous conventions that can be enforced by the navies and coast guards of countries that have signed the treaty outlining these rules.1
Please will you write a brief explanation of what this Blockchain Bill is how it effects anything? I got lost during 30 minutes of this. Could it explain in half a dozen sentences? Thanks.
Couldnt agree more with regards to the supply chain, also accounting, all timely costly procedures which should be streamlined by now. No more printing paper!!
The other overall aspect of this at the macro level is the effect on the bull run cycle & Bitcoin halving. What do I mean? The “Bitcoin cycle” has never been influenced (overshadowed?) by the absolute umbrella of utility. Q. What are the chances the Bitcoin halving cycle (as a primary influence) dilutes and cryptocurrencies become predominantly driven price wise by utility & fundamental adoption…? 🤷♂️
Shame that the banks have been frightened off from partnering with the likes of binance. The government are preventing us withdrawing our gbp as binance have lost another banking partner. How does that help retail investors.
Excellent analysis gentlemen and thanks from NY. The archaic land stuck in time . Let’s go all the X’s. Elon is going to us XRP on his new platform also X. XRP, XLM, XDC.
He spoke of a layer 2 in conjunction with BTC, if I’m not mistaken. But yeah, everything is XRP. XRP will cure cancer and allow you to fly like super man as well.
I am personally sick of everyone saying "it started" or "it's happening" or whatever... nothing has started folks, otherwise I wouldn't be punching a time clock today. Much market pain incoming and XRP will maybe hit $20 in a year or two if we are lucky.
I agree, all the videos mainly become more mental masturbation than actual news or breaking news. Everyone saw this coming & in a blink of an eye any country could announce something bigger. They will never make it that easy. we still have a long road ahead
It's still under a dollar (XRP) and I'm still buying. I still believe XRP will not really take off over a dollar until the BTC halving next year. Getting half a result against the SEC was nice but it's still going to be a long wait.⏳
I've seen a lot of videos on xrp, but I always come back to you for clarity as you are always spot on with your research! Keep up the great work! #xrptothemoon
