XRP & RLUSD: Can Crypto Replace Banks?

2024-12-14

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This episode of Faz Radio dives into the latest crypto controversies and cutting-edge AI developments. Faz, Titan, and Zorro unpack Coinbase and Kraken freezing large transactions, speculating whether it's part of a deeper conspiracy to manage their reserves. The conversation pivots to ChatGPT's new video-call-like feature, which could revolutionize real-time assistance, and explores concerns about AI's tendencies to lie under pressure. The show heats up with a debate on XRP and the introduction of RLUSD — Ripple's new s...

This episode of Faz Radio dives into the latest crypto controversies and cutting-edge AI developments. Faz, Titan, and Zorro unpack Coinbase and Kraken freezing large transactions, speculating whether it's part of a deeper conspiracy to manage their reserves. The conversation pivots to ChatGPT's new video-call-like feature, which could revolutionize real-time assistance, and explores concerns about AI's tendencies to lie under pressure.

The show heats up with a debate on XRP and the introduction of RLUSD — Ripple's new stablecoin for remittances. They explore the hurdles of mass adoption, the role of banks, and how countries like Venezuela are already embracing digital currencies. The episode wraps up with a look at Strike's new Bitcoin bill pay feature, offering a glimpse of the future where crypto becomes seamlessly usable for everyday expenses.

00:00 FazRadio is back!

00:18 Catching up on last week's hiatus

00:50 Coinbase under fire: Bitcoin deposits frozen

03:18 Customer complaints & conspiracy theories

05:40 Kraken’s margin trading controversy

09:15 ChatGPT's groundbreaking video features

11:20 Is AI becoming too smart? Ethical dilemmas

14:50 Google Gemini AI: A step ahead of ChatGPT?

19:00 Digital economy: Transitioning to stablecoins

29:45 XRP's use case in remittances explained

39:12 RLUSD stablecoins and banking adoption

54:00 Will crypto make cash obsolete?