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James Thomas

Everyone wants to escape the 9-5 and generate a monthly passive income. Whether it's ATMs, vending machines, Amazon, Etsy, or some convoluted process involving AI and Upwork (which still involves WORK. ) the passive income promised seems a dream, and the consistency of which you receive anything for all your effort might be an act of luck or complexity that you cannot afford to take.

The Quantum Financial System (AKA Riley Economic System (R.E.S.))  has been active and growing since 2021 and receives not only passive income but some of the best assets on the digital market including:

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Everyone wants to escape the 9-5 and generate a monthly passive income. Whether it's ATMs, vending machines, Amazon, Etsy, or some convoluted process involving AI and Upwork (which still involves WORK. ) the passive income promised seems a dream, and the consistency of which you receive anything for all your effort might be an act of luck or complexity that you cannot afford to take.

The Quantum Financial System (AKA Riley Economic System (R.E.S.))  has been active and growing since 2021 and receives not only passive income but some of the best assets on the digital market including:

  • Bitcoin

  • Ethereum

  • Litecoin

  • XRP

  • Gold

  • Silver

  • up to 14 others

  • Debt Reaping - a supplemental payment towards your debts( Cars, mortgage, etc)

The Goal of This Course

This Course aims to educate you on tokens of the Q.F.S. / R.E.S.  (

You'll learn :

  • The Potential 9 Layers of Possible Passive Income

  • Crypto Basic terminology, tutorials, and strategy

  • Understand the power of the XRP that the ecosystem is built on

  • Learn about the Q.F.S. / R.E.S. (RPR, ASC, ARK, PLR, BOX Token)

Disclaimers:

By purchasing this course you understand this is not Financial, Legal, or Tax advice and that the instructor is not liable for any decisions the student makes

Enroll now

What's inside

Learning objectives

  • Gain a basic understanding of digital asset terminology.
  • A high level understanding of of the digital asset xrp and its benefits.
  • Gain a firm education of the riley economic system (res) and its tokens
  • Learn how to interact with the system with tutorials.
  • Different strategies that will guide you on how you could make the most of the system.
  • Understand why i call the res tokens "super assets" and the 9 layers of potential passive income

Syllabus

By the end of this section you will understand the structure of the course. We will also discuss key disclosures and set expectations.

In this brief lecture, I will tell you a bit about my credentials, how the RES is simple to use once you understand it, and a few disclosures.  I will also go over the tools needed before we start.

Whether you are completely new to blockchain or a seasoned Defi Veteran, 18 or 65, in the USA  or Tim-buck-Two you can learn to use this system.

Disclosure:

  • This course and any information therein is not financial, tax, or legal advice. Please consult a financial advisor, tax expert, or legal professional before making any financial, tax, or legal decisions. Everything presented here is for educational and informational purposes only.

  • The views and opinions expressed in this presentation are solely those of the presenter and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. The presenter is not affiliated with ATUM or any of its subsidiaries. All content provided is for informational and educational purposes only. The author creates Some graphics based on his current understanding of the information at the time of making the material.

  • I am a user of the ecosystem I am about to present. I have used it and that is why I believe in it.

  • By enrolling in this course, you acknowledge and agree that I, as the instructor, shall not be held liable for any decisions, errors, or outcomes resulting from your application of the information provided during the course. You, the student, accept full responsibility for any and all consequences that arise from using the knowledge gained through this course.


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Evidence that the Riley economic system works based on the distributed ledger technology of the XRPL

This short lecture proves that the supplemental passive income payments towards debts from the RPR token (known as debt reaping) have worked for me. I have officially started receiving passive income towards my debts.

Images that the RPR, ASC, ARK, and PLR projects provide to show the breakdown of their utility and passive income.

Testimonials about ARK and the passive income provided to charities.  ARK is a part of the ecosystem composed of RPR, ASC, ARK, BOX and PLR.

In this course, we go over the most high-level terminology needed to understand the Riley Economic System.

Links have been removed to ensure compliance with Udemy's policies.

This lecture will help dive a bit deeper into the rabbit hole and provide an understanding of XRP, where it sits in the digital asset ecosystem, its benefits, and to help you understand the foundation that the RES is built on.

Links have been removed to ensure compliance with Udemy's policies.

In this video, I bring together the basic terminology with what you've learned about the XRPL to help you fully grasp how the RES tokens work.

In this class, I go over the basics and shared mechanics of the ecosystem.

I discuss the importance of the whitepapers and provide resources around them.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn how the RPR token works.

In this class, you will learn how the ASC token works.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn about STX token works and a small tutorial on how to use their platform. This is not a part of the RES directly but is utilized but the Ascension index to distribute rewards.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn about the ARK token works.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn about the PLR token works.

Links have been removed to ensure compliance with Udemy's policies.

In this class, you will learn about AAU and AAG and how they work with Ascension Index

Links have been removed to ensure compliance with Udemy's policies.

In this class, you will learn about AAU and AAG and how they work with Ascension Index

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, I will help you understand how the different RES assets work together to become super assets. Each has its own superpower. When you combine all the assets and their functions, the RES becomes like the Captain Planet of assets.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

An overview of the tutorials section. ... I know super detailed right?

In this class, you will learn how to set up an Xaman wallet.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn how to utilize an on-ramping app inside of Xaman to purchase XRP to fund your account, set your trust lines, and purchase the tokens you desire.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you How to set up the trust lines for the 19 potential assets of passive income.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn how to trade the XRP you have purchased for the RES token you desire on the XRPL decentralized Exchange.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn about the NFTs from the RPR, ASC, ARK, PLR, and Box.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn when you will receive the passive income.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn how to vote on the Reaper Financial website.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn how to vote on the Ascension Index website.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn how to vote on the Ark Institute website and the Pick Your Passive Income System.

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

In this class, you will learn how to vote on the Pillars website

Links: My intent is to post links that comply with Udemy's guidelines. External links to resources Udemy allows me to give will be in the resources dropdown of the course. If I mention a YouTube resource or other link you will have to search for it because they do not allow me to post it here.

Selling is always an option because you hold the assets in your self-custodial wallet. Wise-minded individuals would do well to understand the opportunity cost of selling their assets in what that may cost them in the future. This system comes with a backup plan.

While selling for profits is always a way to capture value this ecosystem provides a way to provide value through staying in the ecosystem and I want to inform people about that before they instinctively exit the system and miss out on that value.

In this class, I discuss how to transfer your tokens to an exchange after you have sold the tokens you want to take profits.

From holding any XRPL asset you will need to exchange it for XRP on the DEX. Then you will need to find a third party (Centralized exchange or service) to trade your XRP for Fiat/Cash to your bank account.

Many people might have different preferences but I use uphold as an example. This space is changing all the time so I want to provide links to trusted support channels to help future-proof this class.

Links from this Class:

In this class, I discuss basic strategies that help the user potentially understand and make a decision about what assets they want to hold based on personas.  Additionally, I have witnessed different strategies for benefiting from the system I want to share.

A soundbite of Patrick Riley CEO of Reaper Financial and myself asking him questions about the open beta of debt reaping and showing the system and how it works.

Links have been removed to ensure compliance with Udemy's policies.

In this lecture, I discuss:

  • The name change of the holding company

  • Changes to the XRPL reduce costs to users.

  • A New Meme Token with a utility

  • A new Voting system

  • Ledger Snax updates

  • The New Era for the Quantum Financial System

A bonus course for those looking for more info about the RES Projects

Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Explores the Quantum Financial System and the Riley Economic System, which may appeal to learners seeking innovative approaches to digital assets
Requires learners to use the Xaman wallet and the XRPL decentralized exchange, which may require additional research for those unfamiliar with these tools
Provides tutorials on interacting with the Riley Economic System, which can help learners gain practical experience with this specific ecosystem
Focuses on specific tokens within the Riley Economic System (RPR, ASC, ARK, PLR, BOX Token), which may not be widely recognized or established in the broader cryptocurrency market
Includes disclaimers stating that the course is not financial, legal, or tax advice, emphasizing the importance of consulting with professionals before making financial decisions
Presents a system that claims to offer 'debt reaping,' which is an unconventional approach to debt management that may not align with traditional financial advice

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Reviews summary

Passive income strategy on xrpl's res

According to learners, this course provides an introduction to potentially generating passive income using the Riley Economic System (RES) on the XRP Ledger (XRPL). Students often praise the practical, step-by-step tutorials for wallet setup and trading specific RES tokens on the decentralized exchange. The course details the potential for multiple layers of passive income from various tokens and explains the mechanics of how they work within the system. However, some feedback highlights the highly specific focus on this niche ecosystem, noting it may not provide a broad DeFi overview. The course's foundation on the Quantum Financial System (QFS) concept and the instructor's personal belief in the system are also key points mentioned.
Explains potential passive income layers.
"Learned how the different tokens are supposed to generate income."
"The course detailed the potential for up to 9 layers of passive income."
"Focuses heavily on the yield generation aspects of the RES tokens."
"Gave me an understanding of the income mechanics within the system."
Practical guides for getting started.
"Setting up the wallet was easy to follow with the step-by-step instructions."
"The walkthroughs on trading tokens on the DEX were very clear and helpful."
"Really helped me understand the practical side of interacting with the system."
"The tutorials section was definitely the strongest part of the course."
External resource links are missing.
"Couldn't click any of the links to external resources mentioned in lectures."
"Had to manually search for websites and information the instructor referenced."
"Missing links made following along and finding resources inconvenient."
"The lack of direct links was a practical issue."
Rooted in specific system beliefs.
"The QFS part was a bit confusing and seemed based on a specific, non-mainstream concept."
"It feels like the course relies heavily on the instructor's personal belief in this system."
"The narrative around QFS might be off-putting for some."
"Seemed more like promoting a specific system than providing balanced crypto education."
Highly specific to RES/XRPL ecosystem.
"This course is entirely focused on the RES tokens and that specific ecosystem."
"Didn't really explain DeFi or crypto in general, just one very specific system."
"The scope felt very narrow, concentrating only on QFS/RES."
"If you're looking for a broad understanding of DeFi, this isn't it; it's system-specific."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Defi Super Assets - Up to 9 Layers of Passive Income - QFS with these activities:
Review Cryptocurrency Basics
Reinforce your understanding of fundamental cryptocurrency concepts. This will provide a solid foundation for understanding the more complex aspects of the QFS/RES ecosystem.
Browse courses on Cryptocurrency
Show steps
  • Review articles and videos on cryptocurrency basics.
  • Define key terms like blockchain, wallet, and transaction.
  • Summarize the history and evolution of cryptocurrency.
Review 'The Bitcoin Standard'
Gain a deeper understanding of the principles behind decentralized finance. This will help you appreciate the potential and limitations of systems like the QFS/RES.
Show steps
  • Read the book and take notes on key concepts.
  • Summarize the book's main arguments.
  • Relate the book's ideas to the QFS/RES ecosystem.
Simulate XRP Transactions
Practice simulating XRP transactions to become familiar with the process. This will prepare you for interacting with the XRPL decentralized exchange.
Show steps
  • Use a testnet or simulator to send and receive XRP.
  • Practice setting trust lines for different assets.
  • Simulate trading XRP for RES tokens.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Explain the RES to a Friend
Solidify your understanding by explaining the RES to someone else. This will force you to articulate the concepts clearly and identify any gaps in your knowledge.
Show steps
  • Prepare a short presentation or explanation of the RES.
  • Explain the system to a friend or family member.
  • Answer their questions and address their concerns.
Review 'Digital Gold'
Gain a deeper understanding of the history and evolution of digital assets. This will help you appreciate the context in which the QFS/RES was developed.
View Digital Gold on Amazon
Show steps
  • Read the book and take notes on key events and figures.
  • Summarize the book's main narrative.
  • Relate the book's events to the current state of the QFS/RES ecosystem.
Track Your RES Investments
Deepen your understanding by tracking your own RES investments. This will give you hands-on experience with the system and allow you to monitor your passive income.
Show steps
  • Set up a spreadsheet or tracking tool to record your RES investments.
  • Track your passive income and debt reaping payments.
  • Analyze your investment performance and adjust your strategy.
Create a QFS/RES Dashboard
Demonstrate your mastery by creating a dashboard to visualize QFS/RES data. This will require you to gather data, analyze trends, and present your findings in a clear and concise manner.
Show steps
  • Identify key metrics to track for the QFS/RES ecosystem.
  • Gather data from various sources, such as the XRPL and project websites.
  • Design and build a dashboard to visualize the data.
  • Present your dashboard and explain your findings.

Career center

Learners who complete Defi Super Assets - Up to 9 Layers of Passive Income - QFS will develop knowledge and skills that may be useful to these careers:
Cryptocurrency Analyst
A Cryptocurrency Analyst examines blockchain data, market trends, and cryptocurrency projects to provide insights and predictions. To understand the nuances of various digital assets, this course may be quite helpful. The course provides education on tokens of the Quantum Financial System and the Riley Economic System, which may assist a Cryptocurrency Analyst in assessing the value and potential of these assets. Furthermore, learning about XRP and its benefits can help the Cryptocurrency Analyst better understand the underlying technology of many cryptocurrencies.
Blockchain Developer
A Blockchain Developer builds and maintains decentralized applications using blockchain technology. This course can help those who wish to become Blockchain Developers by providing familiarity with various digital assets and their underlying systems. The course explains the Quantum Financial System and its tokens, along with crypto terminology, which can help a Blockchain Developer better understand the technologies they will be working with. Learning about XRP's role may assist a Blockchain Developer in constructing blockchain solutions that leverage this technology.
Financial Advisor
A Financial Advisor provides guidance to clients on investment strategies and financial planning. This course may be useful for a Financial Advisor seeking to understand and advise clients on digital assets. The course educates on tokens of the Quantum Financial System and the Riley Economic System, in addition to passive income generation. This knowledge may allow the Financial Advisor to offer more informed advice on these emerging investment opportunities. The course's focus on XRP may also provide a Financial Advisor with insights into the potential of other digital assets.
Hedge Fund Manager
A Hedge Fund Manager oversees investment strategies for hedge funds, aiming to generate high returns for investors. This course may provide a Hedge Fund Manager with insights into the world of digital assets and decentralized finance. Learning about tokens of the Quantum Financial System and the Riley Economic System may help the Hedge Fund Manager identify potential investment opportunities, or new arbitrage strategies. The course's focus on XRP may also provide valuable context for evaluating other cryptocurrencies.
Investment Banker
An Investment Banker assists companies with raising capital through the issuance of stocks and bonds. This course may be helpful for an Investment Banker looking to understand the landscape of digital assets and decentralized finance. By learning about tokens of the Quantum Financial System and the Riley Economic System, the Investment Banker may be able to identify new opportunities for their clients. The knowledge of XRP and its benefits may also help the Investment Banker assess the viability of blockchain based fundraising methods.
Quantitative Analyst
A Quantitative Analyst develops and implements mathematical models for financial analysis and risk management. This course may assist a Quantitative Analyst seeking to apply their skills to the digital asset market. Gaining an understanding of tokens of the Quantum Financial System and the Riley Economic System may provide data and insights for model development. A Quantitative Analyst may also find the course's focus on XRP to be beneficial in analyzing the behavior of other cryptocurrencies.
Venture Capitalist
A Venture Capitalist invests in early stage companies with high growth potential. A Venture Capitalist may find this course helpful in understanding new trends and opportunities in the digital asset space. Learning about tokens of the Quantum Financial System and the Riley Economic System may allow the Venture Capitalist to identify and analyze promising blockchain projects. A Venture Capitalist may also find the discussion of XRP valuable in assessing the technology underlying many blockchain startups.
Portfolio Manager
A Portfolio Manager manages investment portfolios for individuals or institutions, aiming to achieve specific financial goals. This course may assist a Portfolio Manager in understanding if or how to incorporate digital assets into their investment strategies. Learning about tokens of the Quantum Financial System and the Riley Economic System may provide new perspectives on diversification and alternative investments. The course's discussion of XRP may also provide insights into the broader cryptocurrency market for the Portfolio Manager.
Risk Manager
A Risk Manager identifies and mitigates potential risks for financial institutions. This course may be helpful for a Risk Manager seeking to understand the risks associated with digital assets and decentralized finance. By learning about tokens of the Quantum Financial System and the Riley Economic System, the Risk Manager can better assess the potential vulnerabilities of these systems. The course's discussion of XRP may also provide valuable context for evaluating the risks of other cryptocurrencies.
Financial Planner
A Financial Planner helps individuals create comprehensive financial plans to achieve their long term goals. This course may be useful for a Financial Planner who wants to learn about digital assets and how they might fit into a client's financial strategy. Learning about tokens of the Quantum Financial System and the Riley Economic System can provide the Financial Planner with additional knowledge to consider when discussing alternative investments. The course's focus on XRP may also offer a deeper understanding of the cryptocurrency landscape.
Treasury Analyst
A Treasury Analyst manages a company's cash flow and investments. This course may be useful for a Treasury Analyst who wishes to get an overview of digital assets and their potential role in corporate treasury management. By learning about tokens of the Quantum Financial System and the Riley Economic System, the Treasury Analyst can explore opportunities for optimizing cash holdings. The course's discussion of XRP may also provide a foundation for understanding other cryptocurrencies.
Economist
An Economist studies how societies allocate scarce resources. This course may be helpful for an Economist who wishes to understand the economic implications of digital assets and decentralized finance. By learning about tokens of the Quantum Financial System and the Riley Economic System, the Economist can gain insights into the functioning of these alternative economic models. The course's discussion of XRP may also provide a case study for analyzing the adoption and impact of cryptocurrencies.
Auditor
An Auditor examines financial records to ensure accuracy and compliance. This course may be helpful for an Auditor who wishes to understand the accounting and auditing considerations for digital assets. By learning about tokens of the Quantum Financial System and the Riley Economic System, the Auditor can gain insights into the unique challenges of auditing blockchain businesses. The course's discussion of XRP may also provide a practical understanding of cryptocurrency transactions.
Business Development Manager
A Business Development Manager focuses on growing the company's revenue. This course may be useful for a Business Development Manager seeking to expand into the digital asset space. By learning about tokens of the Quantum Financial System and the Riley Economic System, the Business Development Manager can identify potential partnership opportunities. The course's focus on XRP may also provide insights into the broader cryptocurrency market.
Marketing Manager
A Marketing Manager develops and implements marketing strategies to promote products or services. This course may be useful for a Marketing Manager working in the cryptocurrency or decentralized finance industry. The individual will be tasked with informing the public of the different aspects of digital assets. This course may provide a stronger foundation to build the company's campaigns.

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Defi Super Assets - Up to 9 Layers of Passive Income - QFS.
Provides a comprehensive overview of Bitcoin's economic properties and its potential to disrupt traditional finance. It offers valuable context for understanding the underlying principles of decentralized systems. While not directly about the QFS/RES, it helps to understand the broader context of digital assets and their potential. It is more valuable as additional reading to provide a broader understanding of the digital asset space.
Provides a historical account of the rise of Bitcoin. It offers valuable context for understanding the evolution of digital assets and the challenges they face. While not directly about the QFS/RES, it helps to understand the broader context of digital assets and their potential. It is more valuable as additional reading to provide a broader understanding of the digital asset space.

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